# Corporate Ladder Program (CLIMB, INC.)

> **Status: the Program is operating on mainnet.** CLIMB, INC. opened on
> 5 August 2026 and is served at climb.netnet.capital. Contract addresses
> are published on [Official Channels](/official-channels) and nowhere
> else. **Participation is restricted to persons 18 years of age or
> older.** Dollar figures on this page are the deployed program
> parameters, not a forecast of any prize.

CLIMB, INC. is a video game about corporate life — ten floors from the
mailroom to the penthouse — in which **every purchase that advances a
player is a real, escrowed position** rather than a consumed fee. The game
never sells content. Money paid into the game buys NET on the fund's
canonical exchange pool or tokenized equities through Rialto, and the
purchased assets sit in the player's own on-chain book, at risk, until the
player leaves the game by one of exactly three disclosed exits.

The consumer application speaks in the game's own voice by design. This
page is the long-form disclosure it links to, and it is the controlling
description of the mechanics.

## The book — every dollar is a position

A player's book lives in an escrow contract (the ClimbDesk) on Robinhood
Chain. Deposits take one of two forms:

* **NET purchases.** USDG is converted to NET on the canonical exchange
  pool, **paying the full 5% trading fee** like any other purchase, and the
  NET is staked. Staked NET in a book continues to accrue the Shareholder
  Dividend Program's rebases for as long as it sits there.
* **Equity purchases.** USDG buys tokenized equities through Rialto at the
  quoted market price. The stock is held in the book and marked to its
  live price.

Promotion up the ladder is gated on the **total value of the book**, with
the final gate — the Chairman's floor — at $1,000. Nothing is consumed on
the way up: a "$10 bribe" in the game's story is $10 of NET added to the
player's own book. The contract can do exactly three things with a book:
release it when the player resigns, release it when the player wins, or
move it to the jackpot pool when the player's career ends.

## The three exits, disclosed on floor 1

1. **Resign.** Available at any time, trustless and on-chain. The player
   keeps **80% of the book** — NET as NET, stocks in kind — and the 20%
   early-withdrawal penalty is paid into the jackpot pool.
2. **Termination.** A career that ends (the game's health and reputation
   meters reaching zero) forfeits the book: the **NET joins the jackpot
   pool** and the **equities sweep to the Manager's RWA Sleeve**, disclosed
   on the [Real World Bonds](/rwa-desk) page. The player keeps nothing but
   their record.
3. **Win.** Beat the Chairman, take the seat, and survive the
   Shareholders' Meeting: the entire book releases to the player's wallet
   together with the jackpot.

## The jackpot pool — fed only by the fallen

The pool (the JackpotPool contract) holds the fund's **$20,000 opening
seed** plus every forfeited and penalized position since launch. Its rules
are immutable:

* **The house takes no rake.** No fee, spread, or carve is taken from the
  pool. Player money that enters the pool can leave it only as a jackpot.
  The one thing the fund may withdraw is its own unspent USDG seed.
* **A jackpot pays 50% of the pool**, released together with the winner's
  entire book. The remaining half stays seeded for the next climber. The
  payout fraction is a deployed constant; nobody can raise or lower it.
* The pool is never a Treasury liability. Reserves (RFV), backing, and
  protocol-owned liquidity are not a prize counterparty and no code path
  lets them fund or top up the pool.

## The Shareholders' Meeting — the endgame, priced honestly

Taking the Chairman's seat buys **three verified rolls** at the jackpot:

* **The ante is at least 5% of the current pool** (an on-chain floor).
  The bigger the jackpot, the more a seat costs, so the Meeting can never
  become a cheap raffle on a large pool.
* **Base jackpot odds are 2% per roll**, multiplied up to a **hard
  on-chain cap** by verifiable protocol activity (WinNET entries,
  Superstore purchases, a Loopback position, staked NET held outside the
  game, and career history). Odds are printed on screen before the first
  roll and every roll after it.
* Each roll's outcome comes from [drand](https://drand.love), the public
  distributed randomness beacon, verified on-chain against drand's group
  public key before anything pays. Nobody — including the fund — chooses
  or can influence the outcome. **Deposits into a book are sealed while
  its player is seated at the Meeting**, so a seated position cannot be
  changed between rolls.
* **Running out of rolls forfeits the book** under the standard
  termination rules above. This is the game's harshest outcome and it is
  disclosed from the first floor.

Most books end in the pool. That is the design, it is what feeds the
jackpot, and the game says so in its own copy before any money is
deposited.

## Program terms

1. **Operator.** NetNet Capital Management. Principal is a player's own
   escrowed position at all times; the operator cannot move it, and the
   settlement contract recognizes no owner functions over player books.
2. **Eligibility.** Participants must be **18 years of age or older**.
3. **Costs.** NET purchases pay the standard 5% trading fee disclosed in
   the [Trading Fee Schedule](/FEES.HTM). Equity purchases execute at
   Rialto's quoted price. The game itself charges nothing.
4. **Randomness.** All endgame outcomes are seeded by the public drand
   beacon and verified on-chain. Settlement is executed against the
   recorded beacon; results are independently auditable.
5. **Amendments.** Economic parameters — the 80/20 resignation split, the
   50% jackpot fraction, the 5% ante floor, the odds caps — are fixed in
   the deployed contracts. Changes require a successor deployment, not an
   in-place edit.

## Risk factors

* **Total loss is an ordinary outcome.** A terminated career forfeits the
  entire book. Unlike the fund's other programs, CLIMB is a game in which
  the expected result of a full climb is losing the book to the pool.
* **Market risk.** A book is NET and equities at market prices. Both can
  fall while the book is escrowed, and resignation returns 80% of whatever
  the book is then worth, in kind.
* **Fee cost.** NET purchases pay the full 5% trading fee on the way in,
  and NET sold back to USDG after release pays it again.
* **Odds are against the player by design.** Jackpot odds are small,
  capped, and printed before every roll. No outcome, rate, or return of
  any kind is promised.
* **Smart-contract risk.** The desk and pool are new contracts, in
  addition to the fund contracts they compose with.

Full fund mechanics are in [The Fund (Mechanism)](/mechanism); the fee
schedule is in [Trading Fee Schedule](/FEES.HTM); the RWA Sleeve that
receives forfeited equities is described under
[Real World Bonds](/rwa-desk). Nothing here is investment advice.