Initial Coin Offerings: Why the SAFT is DEAD …


via Crowdfund Insider
Investment in the cryptocurrency industry is currently dominated by the use of Simple Agreements for Future Tokens (SAFTs). While SAFTs were a somewhat novel approach when they were introduced, now that cryptocurrency assets have become almost universally deemed “securities” by the SEC, the use of SAFTs as an investment vehicle is, or otherwise should be, DEAD.
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