Register on the platform with Ledger Nano and go through the verification process.
No, any company from across the globe can fundraise through Neufund without incorporating in Germany. However, the offering is subject to the German Banking Act (KWG) and the Investment Asset Act (VermAnlG). We do not accept issuers coming from the US, due to the regulatory uncertainty.
You are in charge of the investment terms of your Equity Token Offering. Fill in the data in our user friendly dashboard and the term sheet will be automatically generated.
Neufund provides a term sheet template, containing standard provisions for today’s VC market. The company is able to configure all commercial terms of the ETO using a dashboard on the Platform.
Equity tokens are tokenized securities. In case of a public offering you have to register them with the financial supervisory authorities. You do so by filing a prospectus.
The role of the prospectus in the legal ecosystem is to inform future investors about the terms and conditions of an offer. By this regulators make sure that both you and your future investors’ rights are being protected. Neufund provides appropriate guidelines and support for filing the prospectus. Effectively companies are not required to provide much more information than for an extended VC pitch deck, business plan or whitepaper.
Address both traditional and crypto investors from across the globe. A public listing page will present all legal, investment-related and commercial information about your company to investors. All investors are presented with the same investment offer, which eliminates the process of renegotiation of terms and lowers significantly your transaction costs.
In order to successfully collect funds you will need to run a fundraising campaign or an investor roadshow. By doing so you will build a community of investors that - when registered and verified on the Neufund platform - can purchase your equity tokens.
To finalize a successful offering we automatically generate an Investment and Shareholders Agreement that will be signed by the participating parties. Depending on the jurisdiction your company is incorporated in, a notarization may be required. Once this agreement it uploaded back to the platform the funds you raised will be released to you and the equity tokens to your investors. A success fee will be automatically deducted and distributed to all Neufund platform owners.
Only after a successful ETO Neufund deducts a success fee:
Our platform supports the management of your token holders after the ETO. Thanks to automated voting and reporting mechanisms, shareholder resolutions, cap table management and dividend payouts running an on-chain company becomes almost effortless.
After the first successful ETO it is easy to do follow-on rounds by issuing additional equity tokens. Also, an ETO does not exclude conducting further classical VC rounds or an IPO.
Via the management dashboard you will be able to enable additional features of the equity token.
In order to provide equity token holders with legally enforceable shareholders rights, we connect the underlying asset with its on-chain representation in form of a token. This is being achieved by writing all legal agreements in two languages: English and Solidity. Both the smart contract and the legal contract are cryptographically hashed at all times.
A nominee is a bankruptcy remote SPV, set up and 100% owned by the fundraising company to bridge the worlds of on-chain tokens and off-chain equity.
The nominee represents the Token Holders as a single entry in the cap table. It is contractually bound to execute the will of the Token Holders expressed in the smart contracts, and performs a purely bureaucratic function.