What is a SAFT Agreement?
A SAFT Agreement (Simple Agreement for Future Tokens) is a contract used in blockchain and cryptocurrency ventures where investors provide funds upfront in exchange for the right to receive tokens when the project launches.
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Explore ReferentThis Simple Agreement for Future Tokens (“Agreement” or “SAFT”) is entered into on [Date], by and between:
Company: [Company Name]
Address: [Address]
Contact: [Phone, Email]
Investor: [Full Legal Name / Entity Name]
Address: [Address]
Contact: [Phone, Email]
Together referred to as the “Parties.”
The Investor agrees to provide funding to the Company in exchange for the right to receive tokens upon the launch of the Company’s blockchain network or platform.
Investment Amount: $[Amount]
Token Allocation: Investor shall receive [Number/Percentage] of tokens generated at launch.
Delivery Date: Tokens shall be delivered upon network launch, subject to compliance with applicable laws.
Investment Amount: $[Amount]
Token Allocation: Investor shall receive [Number/Percentage] of tokens generated at launch.
Delivery Date: Tokens shall be delivered upon network launch, subject to compliance with applicable laws.
Tokens will be delivered only if:
The blockchain network is successfully launched.
All applicable securities and regulatory requirements are satisfied.
The Investor provides necessary documentation for compliance (e.g., KYC/AML checks).
The blockchain network is successfully launched.
All applicable securities and regulatory requirements are satisfied.
The Investor provides necessary documentation for compliance (e.g., KYC/AML checks).
Company: Represents that it has authority to issue this SAFT and intends to develop the blockchain project in good faith.
Investor: Represents that they are an accredited investor (if required) and understand the risks associated with token investments.
Company: Represents that it has authority to issue this SAFT and intends to develop the blockchain project in good faith.
Investor: Represents that they are an accredited investor (if required) and understand the risks associated with token investments.
The Investor acknowledges that:
The project may fail and no tokens may ever be delivered.
Tokens may lose value or become worthless.
Regulatory changes may affect token issuance or transferability.
The project may fail and no tokens may ever be delivered.
Tokens may lose value or become worthless.
Regulatory changes may affect token issuance or transferability.
The Parties agree to comply with applicable securities, anti-money laundering, and tax laws in connection with this Agreement and token issuance.
This Agreement terminates upon delivery of tokens, mutual consent, or permanent abandonment of the project. In case of abandonment, the Company may return unspent investment funds at its discretion.
This Agreement shall be governed by the laws of [State/Country].
Any disputes shall first be resolved through mediation, and if unresolved, through arbitration in [Jurisdiction].
This Agreement represents the full understanding between the Parties and supersedes all prior agreements, oral or written.
Company Representative: _________________________ Date: _________
Name/Title: ___________________________________________
Investor: _________________________ Date: _________
Name/Title: ___________________________________________
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Frequently asked
A SAFT Agreement (Simple Agreement for Future Tokens) is a contract used in blockchain and cryptocurrency ventures where investors provide funds upfront in exchange for the right to receive tokens when the project launches.
It clarifies the relationship between investors and project founders, helps comply with securities laws, and reduces legal risks by defining rights, obligations, and conditions under which tokens will be delivered.
Use it when raising funds for a blockchain project prior to token generation or network launch, especially when engaging early-stage investors who are purchasing rights to future tokens.
It should define the parties, purchase amount, token allocation, delivery conditions, representations and warranties, risk disclosures, compliance with securities regulations, and dispute resolution.
No. Delivery of tokens depends on the project launching successfully and meeting regulatory and contractual requirements. Investors should understand the risks of project failure.
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