Accredited investors meet standards defined by the US Securities and Exchange Commission which allow them to invest in certain private securities offerings. Most startups raising money do so from accredited investors only.
The SEC web site contains the full definition. In general, any of the following would meet the standard:
In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either
I, <Signatory Name>, certify under penalty of perjury that <Investing Entity Name> is the sole owner of the cryptocurrency address associated with this message as of <Today's Date>.
Replace the angle brackets with your name, the name of the investing entity, and the date.
For Ether, use MyEtherWallet's message signing tool
Paste the message into the text field.
Select your wallet provider. (In this example, we use MetaMask.)
Click 'Connect'. Then, click 'Sign Message' to sign and approve the transaction. (There is no cost.)
Here is an example signed message:
For Bitcoin, most wallets implement the ability to sign a message with your Bitcoin address’ private key. See this tutorial about how to sign a messaging with a blockchain.info wallet. See here for Jaxx wallet.
Create a document with the message you signed, address, and message signature (sample information provided below):
A. Message:
I, John Smith, certify under penalty of perjury that I am the sole owner of the cryptocurrency address associated with this message as of Dec. 13, 2017.
B. Address
1UsRE3sak3u7qNaQ8Y1X4UmQS93qruLMt
C. Signature
IEXlF8laYLp1ZdQbIxWcXvQdt7d/0TyKLqKMNoTdpqCXG7LLm6upe4wjl6q9ZAtHc4paw9LqP8CudBNyOEwt1mo=
You can upload this information via the TokenList sale registration process or email the information to our team at info@tokenlist.com.
In the event that your funds are spread across multiple wallets, you will need to include a signed message from each address.
Also, remember to provide documentation of your debts (e.g. via a credit report or letter from your accountant).
TokenList is where digital asset companies and networks run and manage their token sales.
Qualified purchasers as defined by the US Securities and Exchange Commission are individuals with at least $5M in investments or funds with at least $25M in investments.
The Simple Agreement for Future Tokens (SAFT) is an instrument and open-source framework for token sales. The SAFT is the agreement used by most companies for investments facilitated by TokenList.
While the SAFT has been extensively reviewed by multiple legal teams, we strongly recommend you consult with your own legal, investment, tax, accounting, and other advisors, to determine the potential benefits, burdens, risks, and other consequences of such a transaction.
Yes, non-US investors can invest using TokenList as long as they meet US accredited investor or qualified purchaser requirements. In general, non-US residents must also meet local laws regarding investment compliance. The determination to accept non-US investors is something that must ultimately be made by the company raising money.
Accreditation can take up to 72 hours, though it’s usually much faster. You can see the status of your accreditation application here.
Please contact info@tokenlist.com with any accreditation specific inquiries.
Accredited investors meet standards defined by the US Securities and Exchange Commission which allow them to invest in certain private securities offerings. Most startups raising money do so from accredited investors only.
The SEC web site contains the full definition. In general, any of the following would meet the standard:
In order to fulfill the accreditation requirements with your crypto-asset holdings, you can either
I, <Signatory Name>, certify under penalty of perjury that <Investing Entity Name> is the sole owner of the cryptocurrency address associated with this message as of <Today's Date>.
Replace the angle brackets with your name, the name of the investing entity, and the date.
For Ether, use MyEtherWallet's message signing tool
Paste the message into the text field.
Select your wallet provider. (In this example, we use MetaMask.)
Click 'Connect'. Then, click 'Sign Message' to sign and approve the transaction. (There is no cost.)
Here is an example signed message:
For Bitcoin, most wallets implement the ability to sign a message with your Bitcoin address’ private key. See this tutorial about how to sign a messaging with a blockchain.info wallet. See here for Jaxx wallet.
Create a document with the message you signed, address, and message signature (sample information provided below):
A. Message:
I, John Smith, certify under penalty of perjury that I am the sole owner of the cryptocurrency address associated with this message as of Dec. 13, 2017.
B. Address
1UsRE3sak3u7qNaQ8Y1X4UmQS93qruLMt
C. Signature
IEXlF8laYLp1ZdQbIxWcXvQdt7d/0TyKLqKMNoTdpqCXG7LLm6upe4wjl6q9ZAtHc4paw9LqP8CudBNyOEwt1mo=
You can upload this information via the TokenList sale registration process or email the information to our team at info@tokenlist.com.
In the event that your funds are spread across multiple wallets, you will need to include a signed message from each address.
Also, remember to provide documentation of your debts (e.g. via a credit report or letter from your accountant).
Qualified purchasers as defined by the US Securities and Exchange Commission are individuals with at least $5M in investments or funds with at least $25M in investments.
Yes, non-US investors can invest using TokenList as long as they meet US accredited investor or qualified purchaser requirements. In general, non-US residents must also meet local laws regarding investment compliance. The determination to accept non-US investors is something that must ultimately be made by the company raising money.
Accreditation can take up to 72 hours, though it’s usually much faster. You can see the status of your accreditation application here.
Please contact info@tokenlist.com with any accreditation specific inquiries.
You can invest with US dollars, Bitcoin, or Ether.
Your SSN is required under our KYC/AML policy, a process set by our banking provider. We verify US investor's social security number and birthdate against credit records then verify the investment signatory against OFAC and similar databases to flag prohibited or high risk persons and entities.
In order to accredit your company entity with TokenList, you need to meet any of these following SEC requirements:
All questions can be sent to info@tokenlist.com.
In order to accredit a trust, you need to provide documents showing the trust's asset amount is over $5m. You can have your attorney or CPA write a letter attesting to this. Here is a set of templates that can be signed by them.
Documents you upload as evidence of accreditation are kept private and are only used to assess your accreditation status. Our team of licensed attorneys and CPA's review these documents to ensure that the relevant accredited investor thresholds are met.
According to SEC rules, we must check your accreditation status every three months if you accredited based on net-worth, and annually if you accredited based on income.
In order to invest through TokenList, you need to pass identity verification and KYC/AML (Know Your Customer/Anti-Money Laundering) checks. These checks apply equally to US and non-US residents. In general, you will need to provide a government-issued ID.
You can learn more about KYC/AML here.
If you would like to increase your limit, send a request to info@tokenlist.com expressing your interest and the additional amount that you would like to invest.
If you are providing evidence of your accreditation on the basis of having over $1 million in net assets, the company you are investing in is required to verify your debts in order to confirm that your net assets are greater than $1M. TokenList requests this credit report and includes only total debts (excluding mortgages) when verifying your accredited investor status.
TokenList is where digital asset companies and networks run and manage their token sales.
Token Sale Manager (formerly "ComplyAPI") empowers digital asset companies and networks to run a compliant token sale by providing tools to manage investors, meet compliance requirements, sign and distribute documents, and securely accept payments.
Interested non-US investors can invest on TokenList as long as they meet US accredited investor requirements. Further, non-US investors must meet local laws regarding investment compliance. Please contact info@tokenlist.com with any questions.
The Simple Agreement for Future Tokens (SAFT) is an instrument and open-source framework for token sales. The SAFT is the agreement used by most companies for investments facilitated by TokenList.
While the SAFT has been extensively reviewed by multiple legal teams, we strongly recommend you consult with your own legal, investment, tax, accounting, and other advisors, to determine the potential benefits, burdens, risks, and other consequences of such a transaction.
The SAFT was created by a group of industry leaders including the Cooley law firm.
Absolutely. The SAFT is open-source and free for all to use on launch.
Bitcoin transfers do not happen on a binary basis like sending a wire. These crypto transactions have hundreds to thousands of confirmations from their networks to confirm that they are real transactions. TokenList waits for 6 confirmations to consider the transaction. For bitcoin, the network can be pretty slow so it can take anywhere from thirty minutes to twelve hours.
Wire transfer can take up to 1 business day. ACH transfer can take 3-7 business days.
Ether transfers do not happen on a binary basis like sending a wire. These crypto transactions have hundreds to thousands of confirmations from their network to confirm that they are real transactions. TokenList waits for 60 confirmations to consider the transaction and this can take anywhere from 5 minutes to a few hours.
You can invest with US dollars, Bitcoin, or Ether.
If your transfer comes in after today's registration deadline, we cannot guarantee your allocation since the token purchases are on a first-come first-serve basis. I apologize for any inconvenience that this may cause.
Yes.
However, your crypto return address cannot point to an online exchange. Your crypto return address must be tied to a wallet for which you hold the private keys.
No, your crypto return address cannot point to an online exchange. Your crypto return address must be tied to a wallet for which you hold the private keys.
Note that you can, however, fund an investment using your online exchange wallet.
Please fill out our application form here and we'll get back to you.
