saft-review

SKILL.md

This skill is provided for informational and educational purposes only and does not constitute legal advice. The analysis and information provided should not be relied upon as a substitute for consultation with a qualified attorney. No attorney-client relationship is created by using this skill. Cryptocurrency and token regulations vary significantly by jurisdiction and change frequently. SAFTs involve complex sec...

Review and advise on Simple Agreements for Future Tokens (SAFTs), token warrants, and token side letters.

Critical Note: SAFTs are generally considered securities under US law. The SEC has taken aggressive enforcement action against SAFT offerings. Unlike SAFEs, there is no industry-standard SAFT template—terms vary significantly between agreements.

SAFT (Simple Agreement for Future Tokens) review and advisory skill for crypto founders, token issuers, and investors. Use when user (1) uploads a SAFT/token warrant for review, (2) asks questions about how SAFTs work, (3) requests to draft a SAFT, or (4) asks about token fundraising structures. Triggers on keywords like SAFT, token warrant, token side letter, future tokens, token sale, ICO, TGE, token generation event, vesting, lockup, crypto fundraising. Source: skala-io/legal-skills.

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