> For the complete documentation index, see [llms.txt](https://sky-web3-vision.gitbook.io/wp/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sky-web3-vision.gitbook.io/wp/phase-1.-sky-hedge-fund.md).

# Phase 1. Sky Hedge Fund

<figure><img src="/files/5IOrf5LVYrErwipWfUHI" alt=""><figcaption></figcaption></figure>

The Sky Hedge Fund is the governing body that oversees Sky Web3 Vision. Initially an independent organization with a strong core membership, it aims to transition to a community-driven protocol in the medium term.

Sky Hedge Fund has the potential to benefit many users at a level that has never been seen before.

#### Roles of Sky Hedge Fund The Sky Hedge Fund will have the following roles:

1. Development and operation of three web services to be released in the future
2. Management of funds in custody and proceeds (with a financial license)