Getting Started on TokenTable: Founders, Investors, Team Members
Version one of TokenTable aims to be a 10X better solution than the incumbent token-fundraising stack by leveraging blockchain for record keeping, fund transfer, and agreement enforcement, while abstracting away blockchain complexities in the UX.
- TokenTable serves tokenholders — stakeholders in token-based projects — such as founders, investors, employees, advisors, and community contributors.
- TokenTable aims to demonstrate how smart contracts can be used to trustlessly enforce agreements that take place throughout the lifecycle of a startup project.
- TokenTable enables founders to plan their token supply allocations. They can also issue, sign, and execute various token-investment contracts, and team token grants.
- TokenTable monitors token vesting, and upon a token generation event (TGE) facilitates the distribution of unlocked tokens customized to match previously signed investment and grant contracts.
For Founders
- Fundraise from investors through signing SAFTs, SAFEs, token warrants, and side letters, coupled with integrated on-chain fund transfer.
- Onboard contracts and fund transfer records from previous funding rounds, and previous employee agreements. This ensures the legal contract and smart contract are aligned.
- Issue invoices to investors to couple on-chain fund transfer with sending investment contracts. Payment network and currency type are customizable
- Issue token grants to team members and advisors, and track employee token unlocking.
- Track token ownership, unlocking, and distribution across all token holders. Upon TGE, founders can initiate token distribution.
For Investors
- Execute fundraising deals: review terms, sign contracts, and transfer funds
- Transfer funds on-chain upon signing investment contracts. Payment network and currency type are customizable.
- View portfolio view that displays deal terms (unlocking schedule, allocation, token price etc.) and stores signed contracts.
- Claim unlocked tokens across portfolio post-TGE.
For Team Members
- Sign employment contracts and token grant agreements.
- Track employee token unlocking, and claim vested, unlocked tokens post-TGE.
- Verify contracts from previous grants to ensure the legal contracts and smart contract are aligned.
If you are interested in using TokenTable feel free to reach out to our BD representative @maxreeed or maxreed@ethsign.xyz to get onboarded!
For any product related questions, comments, or concerns contact our product manager @lippmanethan or ethanl@ethsign.xyz.