> For the complete documentation index, see [llms.txt](https://lemurx.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lemurx.gitbook.io/whitepaper/what-is-saft.md).

# What is SAFT?

A Step-by-Step Guide to Getting Started

A SAFT (Simple Agreement for Future Tokens) is a legal contract used in the cryptocurrency industry to raise funds for a blockchain project. The SAFT agreement is a type of investment contract that allows early-stage companies to sell future tokens or cryptocurrencies to accredited investors.

Here's a simple breakdown of how it works: