Eligibility Type

There’re Whitelist/Public/Hidden Types for options in each Smart SAFT.

Whitelist Type SAFT

When the Space Owner launches the Smart SAFT and chooses “White Type”, the Whitelist Type SAFT will be created. In this mode, only specific addresses will be able to participate in the fundraising on the SAFT deal page after they get whitelisted by the Space Owner, no matter if it's just one specific investor or multiple investors.

Whitelist Type SAFT is suitable in the following scenarios:

• Only one investor. For example, when the individual investor or Venture Capital (VC) participates in the investment of a project, they can prepare two wallet accounts, one for the Space Owner to launch the Smart SAFT and the other one for the investment.

• More than one investor. For example, multiple individual investors participate in the investment of a project, and the Smart SAFT is launched by the investors’ representative as the Space Owner.

Public Type SAFT

When the Space Owner launches the Smart SAFT and chooses “Public Type”, the Public Type SAFT will be created. In this mode, everyone will be able to participate in the fundraising of a first-come-first-served (FCFS) pool on the SAFT deal page.

Hidden Type SAFT

When the Space Owner launches the Smart SAFT and chooses “Hidden” under the Whitelist Type. In this mode, all features are the same as the Whitelist Type, but the SAFT deal page will be hidden from the public and the Explore page. Only relevant counterparts (whitelisted buyers, Token Provider, and Space Owner) have access to the SAFT deal page.

At the same time, in the Hidden mode, the data is encrypted on the chain to avoid someone deliberately trying to read information from the chain