SAFT Examples

Here are a few examples of token distributions and their associated prices from notable blockchain projects:

Ethereum (ETH) Ethereum conducted its initial token sale in 2014 through a SAFT-like agreement. During the sale, 60 million Ether tokens were sold to participants, and the price per Ether was approximately 0.0005 BTC (Bitcoin). The tokens were distributed once the Ethereum network went live, and participants received their Ether tokens based on the amount they purchased during the sale.

Filecoin (FIL) Filecoin is a decentralized storage network that conducted a SAFT sale in 2017. The price per FIL token during the SAFT sale was around $0.75. The SAFT agreement allowed investors to purchase future FIL tokens. The SAFT participants received their tokens once the Filecoin mainnet launched in October 2020.

Telegram Open Network (TON) Telegram, a popular messaging app, conducted a SAFT sale in 2018 for its blockchain project called the Telegram Open Network. The SAFT participants invested in Gram tokens. However, the project faced legal challenges, and ultimately the token sale was canceled, and the funds were returned to investors.

These examples illustrate the variety of token distributions and the prices associated with SAFT agreements. It's important to note that the prices mentioned here are historical and subject to change based on market conditions. The token prices and distribution methods for each project can differ significantly based on factors such as the project's goals, development timeline, and market demand.

When considering investing in SAFT agreements or participating in token sales, it's crucial to carefully review the project details, token distribution terms, and conduct thorough research to make informed investment decisions.