TokensoftLaunchpad

TokenSoft is the leading technology and security platform for companies seeking to issue assets on the blockchain, at scale, and within compliance.

From startups and funds to enterprises and investment banks, TokenSoft's platform offers a bespoke suite of technology and consulting services to meet the needs of the entire lifecycle of a digital security, including onboarding, distribution, custody, and ongoing administration. TokenSoft supports the highest standards for regulation and compliance, regardless of jurisdiction.

The Tokensoft platform is designed to help organize a large scale of users into a manageable sale process. The platform has been designed with two primary motivations, compliance and scalability. The foundation of it is compliance and so prior to the user being able to see any information about the sale, they have to go through a compliance program. There are a few different stages to this process, the most complex flow is the following:

Compliance Process

• This is generally the KYC process, however there may be other regulatory requirements per jurisdiction or in general. For example, a customer may want US persons to go through investor accreditation or to collect additional information from certain countries.

Data Room

• The data room may include any terms, or disclosures that investors must read or review prior to participating in the sale.

Document Execution

• Document execution is where any legal documents are signed.

Payment

• The main event, this is where payment occurs. The payments go directly to the customers wallet without any intervention from Tokensoft.

The Process

Usage of our platform is broken out into phases, we do this to help manage the participants at scale. We've broken the process into phases and rounds. The phases help manage the scale of investors and to funnel them into an expected process. The rounds help organize the investors into different categories, whether there is a more exclusive and high volume round with differing terms or similar.

Phases

Breaking a sale into distinct phases, helps to funnel users in, in an expected manner. These phases are separated into the following:

Registration Phase

• This is a signup / registration process where users who are interested in the project, can pre-register for getting through KYC / compliance. This may be done when the sale is not quite setup, and to begin collecting prospective users.
• Recommended Time Window: Any

Compliance Phase

• This is the KYC phase, and by nature, it is not a simple and seamless process. Users in well known countries will get through this right away, users that are in lesser trafficked countries may take a few days in order to get through the process.
• Recommended Time Window: 3-14+ Days.

Sale Launch

• The sale launch is the main event. Ideally, all the users have completed KYC and are ready to go. In this phase, users can login and directly participate into the sale.

Rounds

Rounds are designed to enable different groups of investors to participate in a sale in an orderly fashion. We've seen varying applications of this concept, the most basic application is the segregation of different investor types. For example, a customer may have two rounds, one for up to 100 VCs and then a second round for 10,000 users from the general public.

FAQ

Q: What can I do with a Tokensoft account?

A: You can verify your identity to qualify for blockchain events. To browse upcoming events, see the link.

Q: Who is eligible for a Tokensoft account?

A: We support individuals in over 200 jurisdictions.

Q: Is there a cap on the number of Tokensoft accounts?

A: No - there is no limit, however creating multiple accounts for the same person is strictly prohibited.

Q: What can I do if I represent an entity or my region isn’t available?

A: Let us know you are interested and check back soon: our compliance team is adding support for new investor types and regions.

Q: I participated in Tokensoft-powered events prior to November 16, 2021: do I have a Tokensoft account?

A: Yes, if you were able to associate your account with your metamask wallet prior to April 26, 2022 your KYC’d account is now part of Tokensoft v2. Login to your account by connecting your Metamask wallet at the link. If for some reason your Identity is not verified yet, continue through the process to complete KYC in the new Tokensoft app. The process is identical to what you have experienced in the past.

Q: Why do you need to verify my identity?

A: We collect this information to meet compliance obligations and help determine your eligibility for specific events.

Q: Why is my identity verification under review?

A: Most checks are completed within minutes but occasionally accounts require additional review which can take 24 to 48 hours.

Q: What happens if my identity verification fails?

A: If you submitted accurate information and believe an error has been made, please reach out to support@tokensoft.io. Our compliance team will make the final determination on your eligibility for a Tokensoft account.

Q: What documents are supported for each country?

A: The link.