How Does Fairmint Work?
This article is for both founders and investors using Fairmint.
Fairmint software enables organizations to deploy custom investment webpages on their own domains to conduct compliant securities offerings using digital assets. Equity and other securities are recorded on the Canton Network, a privacy-enabled blockchain designed for regulated financial instruments.
Fairmint software automates the issuance, acceptance, and signing of offering agreements, programmatically creating digital assets representing the investors' interests. These digital assets are recorded on the Canton Network, meaning they exist and function independently of Fairmint.
Fairmint software also provides automated tools and dashboards for collecting and managing investor identity consistent with KYC (Know Your Customer) / KYB (Know Your Business) standards, anti-money laundering (AML) screening, verification of accreditation status (if required), and tools for helping with federal SEC filings and state blue sky filings.
Digital assets issued with Fairmint software also allow programming lockup periods that correspond with regulatory holding periods, and limiting the number and types of securities holders, among other tools and features. These restrictions are enforced programmatically on the Canton Network.
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This article explains how to use the Fairmint platform. It is not legal, tax, or investment advice. Consult a qualified professional for questions about your specific situation.
