A project is the economic activity that adopts the FlexUp Charter and operates under its rules. It can take many forms (i.e.: a company, startup, venture, product line, mission, or any organised activity) but once the Charter is signed, the project becomes the central unit through which all value, governance, contracts, and commitments are managed.

The project:

• has a Holder (the person or entity who signs the Charter and represents it);
• works with Associates, who contribute and share in its risks and rewards;
• manages all contracts, orders, commitments, outflows, tokens, and **credits;**
• follows the governance system defined in the Charter (Assembly, Council, decisions, resolutions);
• centralises all cash management, including reserves, allocations, and **payment priorities.**