Investment portfolio · 2026

Building a self-reliant technology platform

Product portfolio and the plan to issue a tokenised security (Security Token — VIF Token).

MOM · OS migration & device managementSaiOS · Local AI · PQCSai OfficeVIF Token
Every achievement today becomes a foundation for tomorrow

Vietnam IT Foundation (VIF) · September 2026

01 · About VIF

Not just a product — an ecosystem

Vision

To build an open ecosystem that endures across generations and strengthens the long-term capability and independence of individuals, organisations and society.

Mission

To create the platforms, products and communities that let people learn, create and contribute together, and build values worth passing on to the next generation.

“Every achievement today becomes a foundation for tomorrow.”

Nine core values

01

Integrity

Transparency builds trust

02

Independence

Self-reliance over dependency

03

Openness

Knowledge is made to be shared and inherited

04

Contribution

Value belongs to those who create it

05

Responsibility

Authority comes with accountability

06

Co-creation

Durable value comes from shared effort

07

Sustainability

Never trade away the future

08

Innovation

Always looking for a better way

09

Stewardship

Leave the ecosystem stronger than we found it

02 · Problem & opportunity

Enterprise technology is fragmented and dependent

The problem is not a shortage of technology, but a fragmented stack that makes every strategic change difficult.

Technology dependency

The operating system, the database and the office suite are all imported — each layer is a single point of dependency for licensing, data and security.

Foreign operating systemsProprietary databasesLicence costs keep rising

Fragmented systems

Capability is split across disconnected layers — OS, device management, data, application development and AI — each from a different vendor.

No unified platformCostly integrationAI bolted on, not native

Complex migration

Changing operating system is more than a reinstall: hardware, software, licences, Office macros and user profiles all have to be assessed and moved.

CPU, RAM, TPM, Secure BootVBA, macros, ActiveXPost-migration management
Why now? AI is moving into the foundation layers — OS, data, runtime. Whoever builds an AI-native foundation from the start keeps the advantage; the need for data sovereignty and security against quantum computers means enterprises and public bodies must prepare now.
03 · Business model

Three revenue streams that reinforce each other

Services open the customer door, licences create recurring revenue, and the token raises capital and builds the community around the ecosystem.

Stream 1

Solution services

  • Migration assessment service
  • OS, data and application migration
  • Deployment, operations and remote support
Stream 2

Software licences

  • Licence / subscription per device or user
  • MOM, SaiOS, Sai Office, VCD
  • Enterprise tier: on-premises, air-gapped
Stream 3

Tokenised equity

  • VIF Token — a security token, 100M fixed supply
  • Seed round raised through convertible equity
  • Liquidity on a licensed exchange
Target customers Enterprises and public bodies that need technology sovereignty. Partners: system integrators, universities and research institutes.
04 · Portfolio

An integrated technology stack, not a pile of parts

Flagship

Applications & Sai Office

AI office suite, collaboration apps, AI agents

Flagship

MOM — Modest OS Manager

Assess, migrate and manage physical, virtual and cloud machines

AI layer across the stack

Local/private AI runtime, AI SDK and API, enterprise assistant

Flagship

SaiOS — operating system

Enterprise Linux kernel, local AI, post-quantum cryptography

VCD — database

PostgreSQL-compatible, air-gapped, AI DBA

ATLAS · Lai · Aegis Chain · AquantWallet

AI assistant, streaming, and the post-quantum chain and wallet

Infrastructure & hardware (partners)

CPU/GPU, servers, networking, data centres

The investment logic

1

Enter through real demand

Assessment and migration services generate early revenue and open the enterprise door.

2

Retain through the platform

Every migrated machine becomes a management, OS and Sai Office subscription.

3

Go deeper into the core

SaiOS and VCD steadily raise the level of independence — a long-term competitive moat.

04 · Ecosystem landscape

The VIF product ecosystem map

Eight products across four capability groups, sharing one security foundation, one AI layer and the VIF Token — each one links to its own section.

Core platform

SaiOSOperating system

Integrated local/private AI and post-quantum cryptography

VCDDatabase

PostgreSQL-compatible, air-gapped deployment

Management & productivity

MOMModest OS Manager

OS migration and management of physical, virtual and cloud machines

Sai OfficeAI office suite

Sai Document · Sai Slides · Sai Spreadsheet

AI & content

ATLASAI assistant

An AI assistant for individuals and enterprises

LaiStreaming platform

Streaming for digital content

Quantum-resistant digital assets

Aegis ChainPQC blockchain mainnet

A blockchain built on post-quantum cryptography

AquantWalletPQC cryptocurrency wallet

A crypto wallet built on post-quantum cryptography

VIF TOKENThe ecosystem economy: it rewards contributors, raises capital, and provides liquidity across every product.
Product 1 · MOM (Modest OS Manager)

OS migration and device management software

For physical machines, virtual machines and cloud instances — from assessment through to AI-assisted operations.

1

Assessment

2 months

Can we migrate at all?

  • Discovery agent: hardware, TPM
  • Software and licence inventory
  • VBA, macro and ActiveX scanning
  • A dashboard for the CIO
2

Migration

4 months

How do we migrate?

  • Move applications, files and browsers
  • User profiles
  • Convert docx, xlsx, pptx
  • An AI assistant guides the process
3

Enterprise management

1 year

How do we manage after migration?

  • Inventory, patch, package, policy
  • Remote command and remote support
  • Software center
  • Monitoring, compliance, audit
4

AI enterprise assistant

1 year

AI supports day-to-day operations

  • AI helpdesk
  • AI troubleshooting
  • AI policy and automation
  • AI knowledge
5

Enterprise platform

2 years

Becoming a platform

  • Hybrid cloud, on-premises, SaaS
  • Multi-tenant
  • Manage Windows and several Linux distributions
  • A partner ecosystem
How it is sold Assessment service → migration service → device management and AI subscription. Buyers: IT manager · CIO · CISO.

Competitive comparison

The gap: AI-assisted Windows → Linux migration

The international platforms are strong at managing Windows, but none of them solves assessment and migration to Linux. Scored 0–5.

CriterionVIF MOMMicrosoft IntuneVMware Workspace ONEManageEngineCanonical LandscapeRed Hat Satellite
Windows management4555
Multi-distribution Linux management512225
AI migration assessment5
Office compatibility scanner5
Windows → Ubuntu migration support5
AI helpdesk & troubleshooting5
Licence compliance433423
Patch management555545
On-premises524555
Multi-tenant5554
Product 2 · SaiOS (Sovereignty AI Operating System)

An OS with local/private AI and quantum resistance built in

An enterprise operating system designed AI-native from the ground up: AI runs on the machine or on your own infrastructure, and data never leaves the organisation.

Local / private AI

AI runtime, AI SDK and API, personal memory, AI permissions, AI agents — all able to run offline.

Post-quantum cryptography (PQC)

Aligned with the NIST ML-KEM and ML-DSA standards — defending against “harvest now, decrypt later”.

Native device management

Enrollment, device identity and certificates, policy, OTA, remote management.

An open platform

Marketplace, SDK, workflow, identity and cloud connectors for partners.

An eight-stage roadmap

0

Foundation

1 month

Build system, SDK, AI API, security architecture

1

Enterprise Linux

6 months

Desktop, installer, updates, drivers, security

2

Enterprise device platform

1 year

Enrollment, inventory, policy, OTA, identity

3

Enterprise AI OS

1.5 years

Local AI runtime, AI SDK, personal memory, agents

4

Enterprise platform

2 years

Marketplace, workflow, identity, data, cloud

5

Independent distribution

> 5 years

Its own repository, packages, build system and OTA

6

Independent runtime

> 5 years

Init, IPC and scheduler tuned for AI

7

Independent computing

> 5 years

Kernel, filesystem, compiler, AI accelerator


Positioning

SaiOS is a computing platform, not just another Linux distribution

Compared with the mainstream operating systems on six strategic criteria.

Local AI by default

AI runs on the machine; no data has to leave it

Next-generation security

Post-quantum cryptography designed in from the foundation

Built for the enterprise

Native device management, identity and marketplace

Operating systemPhilosophyLocal AIEnterprise platformDevice managementEcosystem independenceRoom to evolve
WindowsDesktop firstYesYes (Microsoft)YesTied to MicrosoftLow
macOSApple ecosystemYesYes (Apple)YesTied to AppleLow
UbuntuLinux distributionNot by defaultNoNoTied to CanonicalMedium
RHEL / SUSEEnterprise LinuxLimitedPartialYesHighMedium
ChromeOSCloud firstYesGoogle WorkspaceYesTied to GoogleLow
SaiOS (VIF)Enterprise computing platform firstNative personal AINativeNativeFull independence is the goalVery high
Product 3 · Sai Office

Three AI office applications, with your data under your control

Sai Document, Sai Slides and Sai Spreadsheet — Office-format compatible, with AI running locally or privately, on every major operating system.

Word processing

Sai Document

.docx compatible; AI helps you draft, summarise and review.

Presentations

Sai Slides

.pptx compatible; AI helps you build and edit slides.

Spreadsheets

Sai Spreadsheet

.xlsx compatible; AI helps with analysis and formulas.

A private AI assistant

AI runs locally or privately; data never leaves the organisation.

Macro conversion

Scans VBA, macros and ActiveX; AI helps rewrite them.

Cross-platform

Windows, Linux, macOS — and native on SaiOS.

Security & compliance

On-premises, air-gapped, permissions, audit.

Why Sai Office matters

A daily touchpoint

The office suite is the software every employee opens each day — the doorway into the VIF ecosystem.

It removes the migration blocker

Office documents and macros are the number one reason enterprises hesitate to leave Windows. Sai Office addresses that directly.

Recurring revenue

Sold as a per-user licence or subscription, bundled with MOM and SaiOS.

Long-term foundation · VCD

VCD: a sovereign database for the enterprise

Vietnam Competency Database — starting as a PostgreSQL fork and moving towards an independent data engine.

First commercial release in about 6 months

VCD — Vietnam Competency Database

An enterprise-oriented PostgreSQL fork, sold as a support licence, a deployment engagement or a subscription.

  • PostgreSQL driver compatible — existing applications run unchanged
  • Air-gapped deployment, ready for public-sector use
  • A self-hosted AI DBA that tunes automatically and suggests indexes
  • Built-in HA, DR and centralised multi-cluster management

Development roadmap

Month 0–6

First commercial release

HA failover, encrypted backup, SSO/LDAP, RBAC, audit, air-gapped installation

+ 6 months

Enterprise

Multi-cluster, cross-site DR, data encryption, compliance, DBaaS, Kubernetes Operator

+ 6 months

Upstream erosion

Our own optimizer, replication, backup format and workload manager

+ 6 months

Storage & transaction

Experimental MVCC, WAL, B-tree/LSM-tree and recovery engine

+ 1 year

A semi-independent engine

Our own storage engine, transaction manager and SQL parser/executor

> 5 years

A distributed engine

Sharding, Raft, multi-region active-active, serverless

AI & content · ATLAS

ATLAS: the AI assistant across the ecosystem

An AI assistant for individuals and enterprises — the assistant layer that the operating system, the management tooling and the office suite all draw on.

AI assistant

One assistant, every surface

The deck puts a private AI assistant inside three separate products. ATLAS is that assistant as a product of its own, for the individual user as much as for the enterprise.

  • Local / private AI by default — data never has to leave the organisation
  • Native on SaiOS, which integrates local and private AI at the OS level
  • The assistant behind Sai Document, Sai Slides and Sai Spreadsheet
  • The AI assistant stage of the MOM roadmap, from year 2 onwards

Why it matters

For individuals

A personal assistant that runs on the machine, with no data sent outside.

For enterprises

The same assistant under on-premises and air-gapped policy, permissions and audit.

For the ecosystem

Every VIF product gets its AI layer from one place instead of four.

Pricing and packaging for ATLAS are not settled yet. The points above are drawn from the product lines the deck describes; its stages are in the roadmap.

AI & content · Lai

Lai: the streaming platform for digital content

Streaming for digital content — the one product in the portfolio that faces an audience rather than an IT department.

Streaming platform

A consumer edge on an enterprise portfolio

MOM, SaiOS, Sai Office and VCD are all sold to organisations. Lai reaches people directly, which gives the ecosystem a second kind of demand and a second kind of user.

  • Distribution for digital content, built on the VIF platform stack
  • Content creation assisted by the same local/private AI layer as ATLAS
  • Covered by the VIF Token economy, which spans every product in the ecosystem

Where it sits

Audience reach

A route to users who will never buy an operating system licence.

Content demand

Streaming gives the AI and content group a place to be used every day.

Token utility

The token rewards contributors and provides liquidity across every product.

The revenue model for Lai — subscription, advertising, or a share of what creators earn — is still open. Its stages are in the roadmap.

Quantum-resistant digital assets · Aegis Chain

Aegis Chain: a blockchain on post-quantum cryptography

A PQC blockchain mainnet — the same post-quantum foundation that SaiOS is built on, applied to the ledger.

PQC blockchain mainnet

Post-quantum from the ground up

The deck argues that the demand for data sovereignty and for security against quantum computers is what makes now the moment to build. Aegis Chain is that argument applied to digital assets rather than to the desktop.

  • Post-quantum cryptography designed in from the foundation, not retrofitted
  • Shares its cryptographic foundation with SaiOS and the rest of the stack
  • Paired with AquantWallet, the post-quantum wallet of the same group

The chain timeline in the deck

10/2026
Testnet
11/2026
Mainnet
01/2027
SCEX listing
08/2029
International exchanges

The testnet and mainnet dates are the token milestones the deck states. Which assets beyond the VIF Token the chain carries is still to be decided.

Quantum-resistant digital assets · AquantWallet

AquantWallet: a post-quantum cryptocurrency wallet

A cryptocurrency wallet built on post-quantum cryptography — where a holder keeps and moves the assets of the ecosystem.

PQC cryptocurrency wallet

The holder’s door into the token economy

A wallet is where a token stops being a line in a cap table and becomes something a contributor, an investor or a customer actually holds. AquantWallet is that door, with the same post-quantum guarantees as the chain beneath it.

  • Post-quantum signatures and key handling, matching Aegis Chain
  • Where contributors receive rewards and investors hold their VIF Token
  • Completes the quantum-resistant digital assets group with Aegis Chain

What it serves

Contributors

The Contributor Fund is the largest allocation; a wallet is how it is received.

Investors

Custody of the VIF Token after the conversion from convertible equity.

The ecosystem

Liquidity across every product needs somewhere for the token to live.

The custody model — self-custody, a hosted option, or both — is still to be decided. Its stages are in the roadmap.

05 · Product roadmap

Early revenue from services while the core platform is built

All eight products on one timeline. Each stage is timed from project kick-off (year 0, with year 1 running through 2026). Stages marked beyond five years express the long-term vision.

Year 1
Year 2
Year 3
Year 4
Year 5+
MOM
Management
AI assistant
Enterprise platform
SaiOS
Enterprise Linux
Device platform
Enterprise AI OS
Enterprise platform
Independence
Sai Office
Conversion
Document · Slides · Spreadsheet
Deep SaiOS & MOM integration
VCD
Commercial
Enterprise
Erosion & storage
Semi-independent engine
Distributed engine
ATLAS
Private assistant in SaiOS & Sai Office
Standalone product · MOM AI assistant
Enterprise controls: RBAC, audit, air-gapped
Agent & extension platform
Own model stack
Lai
Streaming MVP
Creator tools · AI production
Monetisation · token rewards
Regional scale
Aegis Chain
Testnet 10/2026 · mainnet 11/2026
SCEX listing 01/2027 · ecosystem payments
Smart contracts · validator set opens
International exchanges 08/2029
Decentralised governance
AquantWallet
Ships with the mainnet
Contributor payouts · investor custody
Multi-asset · hardware keys
In-product payments across the ecosystem
Institutional custody
Token milestones (in parallel) 10/2026 testnet · 11/2026 mainnet · 01/2027 SCEX listing · 08/2029 international exchanges
Part 2

VIF Token — fundraising and the STO

AMM pricing model · legal conversion mechanism · vesting and buyback · the 2026–2029 roadmap

Investment summary

One opportunity, one ecosystem

VIF is building a sovereign platform-software ecosystem and raising capital through equity that converts into VIF Token.

VND 16bn
Target raise
Round 1: 5.091bn · Round 2: 10.909bn
100M
Total VIF Token supply
Fixed · a security token
1,000
VND per token at launch
AMM pricing rises with each tranche
100%
Buyback at the original price
Capital protection for seed investors

Three flagship products

  • OS migration and device management software for physical, virtual and cloud machines
  • SaiOS — an OS with local/private AI and quantum-resistant cryptography
  • Sai Office — Document, Slides, Spreadsheet

Three revenue streams

  • Solution services: assessment, migration, deployment
  • Software licences (licence / subscription)
  • A tokenised security offering (VIF Token)

A clear token roadmap

  • 10/2026: testnet · 11/2026: mainnet
  • 01/2027: listing on the SCEX security token exchange
  • 08/2029: expansion to international exchanges
06 · Token allocation

100M VIF Token — a fixed supply across six funds

Contributors and core infrastructure come first; the 15% investor fund is the source for the current round.

100MVIF TOKEN
Contributor Fund30,000,000 tokens30%
Contributors20%

Rewards every contribution that creates value: code, research, AI, data, documentation, standards, design.

Community5%

Users, testers, moderators, ambassadors, educators.

Strategic partners5%

Enterprises, universities, research institutes and strategic communities.

Team Fund25,000,000 tokens25%
Founding team14%

Recognises the founders and their long-term commitment.

Team & talent6%

Attracts and retains key staff and future talent.

Council & advisors5%

The board, the technical council and advisors.

Core Infrastructure15,000,000 tokens15%
Core projects15%

Long-term investment in the foundation projects: OS, RDBMS, AI platform, SDK, framework.

Investor Fund15,000,000 tokens15%
Investors15%

Seed, angel, VC and strategic investors. This is the 15,000,000-token pool used by the AMM fundraising round.

Treasury Fund10,000,000 tokens10%
Ecosystem treasury7%

Funds products, ecosystem expansion, research and strategic operations.

Safety reserve3%

A reserve for security, legal, crisis and exceptional situations.

Market Fund5,000,000 tokens5%
Liquidity & market operations5%

Liquidity, market making, listing and market stability.

Point at a slice, or at a fund below, to open its groups. Each fund contains one or more groups; percentages are of the 100,000,000 total VIF Token supply.

07 · Funding structure

AMM pricing (x × y = k): the earlier you enter, the better the price

A 15,000,000-token investor pool. Each tranche buys at most 1,000,000 tokens (1% of total supply); the price rises as the pool shrinks.

Round 1 · tranches 1–4

VND 5.091bn

4,000,000 tokens · price 1,000 → 1,590 VND

Round 2 · tranches 5–8

VND 10.909bn

4,000,000 tokens · price 1,909 → 3,750 VND

Total: VND 16bn for 8,000,000 tokens, an average of 2,000 VND per token. If the sale continues, tranches 9–14 price at 5,000 → 105,000 VND per token — and the pool never empties (tranche 15 would be infinite), so every trade always has a price.
09 · Vesting & buyback

A 36-month lock, staged release, and a buyback at the original price

This applies to pre-listing (early seed) investors. Secondary investors trade freely, 24/7, with no restrictions.

100% locked in a smart contract timelock · 36 months · from listing (T0), 01/2027
≤20%Release 1
≤20%Release 2
≤20%Release 3
≤20%Release 4
≤20%Release 5

From month 36, up to 20% of the holding may be sold every six months.

Worked example

An investor holding 1,000,000 tokens may sell at most 200,000 tokens in each six-month window. The goal: prevent pump-and-dump and price manipulation, and keep the secondary market stable.

Buyback clause

If an investor wishes to exit, the company commits to buying back the entire holding at exactly the original purchase price. After month 36, the investor chooses: sell on the exchange, or sell back to the company.

Pre-listing controls

At least seven working days’ written notice. Within any rolling 30 days only one investor may transfer, in registration order; adjusted to comply with Vietnamese law.

10 · Mutual benefits & execution

Designed so the company and the investor both win

For the company (issuer)

No dump risk
Removes the risk of seed investors dumping tokens the moment they list, keeping the price stable.
Buy equity back cheaply
If the market price rises sharply, buying back at the original price recovers the asset at low cost.
Liquidity stays under control
Avoids sudden selling pressure from large investors.

For the investor

Principal protection
100% of the principal is guaranteed if the market turns or the project falls short of expectations.
Long-term upside
Full market upside after three years if the business grows strongly.
A commitment to stay the course
It demonstrates the issuer’s credibility and financial capacity.

A three-step execution plan

01

Sign the lock-up and buyback agreement

The 36-month lock and the buyback clause are written explicitly into the investment agreement / SAFT.

02

Set up a buyback reserve vault

Set aside 10–15% of annual revenue or of the funds raised into a buyback reserve.

03

Run vesting on-chain

Years 1–3 are locked 100% in a smart contract timelock; from month 36 the schedule opens up.

11 · Issuance roadmap 2026–2029

Building the foundation of a sovereign technology stack, together

10/2026

Testnet trial

Testing the AMM smart contract, the vesting mechanism and system security.

11/2026

Mainnet launch

Formal on-chain creation of the 100M VIF Token; conversion records are signed.

01/2027

SCEX listing

A dedicated security token exchange; the three-year lock period begins.

08/2029

International exchanges

Binance, OKX and others expand global liquidity; the lock period ends.

What we are looking for

VND 16bn

Seed capital across two rounds, capped at 1M tokens per investor.

Strategic partners

Enterprises and public bodies to be the first deployment customers.

Legal & IPO advisors

To help complete the security token framework and the path to listing.