The SAFT was created by a group of industry leaders including the Cooley law firm.
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 CoinList.
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.