Incredible Simple Agreement For Future Tokens Template. Web updated july 01, 2021. Simple agreement for future equity.
A simple agreement for future tokens (saft) is an investment contract. Web simple agreement for future tokens. Over 60 companies have raised more than $564 million using this method.
We’ve called it, imaginatively enough, the safte: Easy to create, negotiate and sign online. Web it’s based on ycombinator’s safe:
Web simple agreement for future tokens. Web simple agreement for future tokens. Reviews on google and trustpilot.
The saft is the commercial instrument used to convey rights in tokens prior to the development of the tokens’ functionality. In this guide, we’ll walk you through the basics of safts, from how they work to where they could fit into your startup’s cap table. What is a simple agreement for future tokens (saft)?
It is used primarily for blockchain projects to sell tokens at an early stage to vc investors and funds. Safts were developed to assist cryptocurrency ventures in raising funds without violating regulations. Web simple agreement for future tokens (saft) are a type of fundraising targeted at accredited investors (those with a high net worth).
Rather than offering new tokens immediately, as would happen in an ico, a saft promises investors tokens in the future, after the project launches. Why would aspiring entrepreneurs choose to raise. Safts are agreements, often to accredited investors according to regulation d of the securities and exchange commission, who wish to invest in blockchain startup, small, and medium.
