SAFT Explained | Simple Agreement for Future Tokens | Voice of Crypto

Simple Agreement For Future Tokens | SAFT Explained | Crypto SAFT | SAFTs Explained | Voice of Crypto

A simple agreement for future tokens (SAFT) is an investment contract offered by cryptocurrency developers to accredited investors. Because SAFTs are considered securities, these tokens must comply with securities regulations.
Raising funds through the sale of digital currency requires more than just building a blockchain. Investors want to know what they are getting into, whether or not the currency will be viable, and if they will be legally protected.
While a company that decides to raise money through cryptocurrency could bypass using a formal framework to tap into global financial markets, it needs to adhere to international, federal, and state law. One way to do this is by using a SAFT.
SAFT or a simple agreement for future tokens is a security issue for the eventual transfer of digital tokens from cryptocurrency developers to investors.

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