SAFT Agreement (Simple Agreement for Future Tokens)

SAFT Agreement Template

This 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.”

1. Purpose

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.

2. Purchase Amount and Token Rights

• 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.

3. Conditions for Token Delivery

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).

4. Representations and Warranties

• 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.

5. Risk Disclosures

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.

6. Compliance with Laws

The Parties agree to comply with applicable securities, anti-money laundering, and tax laws in connection with this Agreement and token issuance.

7. Termination

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.

8. Governing Law

This Agreement shall be governed by the laws of [State/Country].

9. Dispute Resolution

Any disputes shall first be resolved through mediation, and if unresolved, through arbitration in [Jurisdiction].

10. Entire Agreement

This Agreement represents the full understanding between the Parties and supersedes all prior agreements, oral or written.

Signatures

Company Representative: _________________________ Date: _________
Name/Title: ___________________________________________

Investor: _________________________ Date: _________
Name/Title: ___________________________________________