Marktstruktur
SAFT discounts and public-market asymmetry
Private token agreements grant prices and information unavailable to public buyers.
Rechercheartikel und Referenzeinträge erscheinen auf Englisch. Die Navigation ist in sieben Sprachen verfügbar.
In diesem Artikel
Overview
Private token agreements grant prices and information unavailable to public buyers.
Why it matters
Promoters can profit even when retail buys at much higher implied valuations.
What to check
Compare effective price, lockup, hedges and side letters.