Description: A Republic Crypto legal instrument bringing token offerings to everyone
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Token DPA — Republic window.FLIPPER_FEATURES = ["payment_options", "milestone_auto_checker", "salesforce_integration", "city_search", "web_sdk_braze", "segment_analytics_server_side", "portfolio_react", "media_slider_react", "post_feed_react", "tag_preferences", "segment_analytics", "contora_ai_portfolio", "deal_room_react", "react_analytics", "access_tier_one_notification", "autopilot_react", "mobile_tag_notifications", "seedrs_sf_integration", "crypto_assets", "republic_wallet", "action_required_push_noti
The Token DPA (Debt Payable by Assets) (“DPA”) is a debt security created by the Republic Crypto team specifically for token pre-sales. We've designed the Token DPA with unaccredited and international investors in mind, but we believe it's the best way to pre-sell tokens for any project and for accredited and unaccredited investors alike. Just as we created and open sourced the Crowd SAFE , we’re open sourcing the Token DPA with hopes that it becomes an industry standard to make investing easier and to help
As the industry has developed, numerous instruments have been used to pre-sell digital assets to investors. Popular instruments include the SAFT (Simple Agreement for Future Tokens) and the SAFTE (Simple Agreement for Future Tokens or/and Equity) but we don’t use them on Republic. Instead, Republic Crypto created and has successfully used the Token DPA as an alternative. Many instruments currently used are equivalent to IOUs, without clear procedures in the event the project fails or there are delays in dev