> Simple Agreements for Future Tokens (SAFTs), as used today, almost always are securities.
Does this mean that SAFEs are also securities? I imagine so, and they are usually given to accredited investors. I have also seen them being given to contractors and employees as partial payment in equity.
Is paying a non-accredited contractor in SAFE a possible issue with the SEC? If not, how are SAFTs different?
Does this mean that SAFEs are also securities? I imagine so, and they are usually given to accredited investors. I have also seen them being given to contractors and employees as partial payment in equity.
Is paying a non-accredited contractor in SAFE a possible issue with the SEC? If not, how are SAFTs different?