SPV Dictionary

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SAFE (Simple Agreement for Future Equity)

An agreement between an investor and a company that provides rights to the investor for future equity, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the futures shares when a priced round of investment or liquidation event occurs. SAFEs are intended to provide a […]

SAFE-T (Simple Agreement for Future Equity or Tokens)

A SAFE-T is an agreement between an investor and a company that provides rights to the investor for when a cryptocurrency or other product is created, the investor will be given access to the newly created cryptocurrency or equity, except without determining a specific price at the time of the initial investment. SAFE-Ts are intended […]

SAFT (Simple Agreement for Future Tokens)

A SAFT is an agreement between an investor and a company that provides rights to the investor for when a cryptocurrency or other product is created, the investor will be given access, except without determining a specific price at the time of the initial investment. SAFTs are intended to provide a simple mechanism for startups […]