Why is permission.io doing a SAFT rather than an ICO?

Regulatory compliance is key focus of permission.io, we are conducting our public sale to accredited investors via a SAFT, which complies with securities laws via Rule 506 (c) of Regulation D. SAFTs eliminate that possibility and limit the pre-sale to that of a futures contract with approved accredited investors in reliance on the safe harbors for private offering exemption.

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