Cha & Kwon Law Offices provided legal advisory services and conducted a legal review of the SAFT contract. A SAFT (Simple Agreement for Future Tokens) contract is an agreement that promises to pay a portion of the virtual assets it will issue in the future in exchange for investment.

SAFT contracts have differentiated characteristics for each contract depending on the interests of the parties. It is common to receive the investment received in return for token issuance in the form of a stablecoin, but it may take the form of a token-to-token exchange in effect by receiving the token issued by the other party in return. In the case of a contract with the above form, it is necessary to clarify the rights and obligations in the contract by reviewing the terms of the token issuance period, fulfillment of contractual obligations, token return, etc. accordingly.

Cha & Kwon Law Offices pays attention to the specificity of these SAFT contracts and provides legal advice and review suitable for each client's individual situation. Consult with Cha & Kwon Law Offices to receive individualized legal advisory and review services to minimize legal risks and maximize business opportunities.