This article is for both founders and investors using Fairmint.

Organizations have flexibility to customize the transfer restrictions enforced by the smart contracts governing the digital assets issued, and to update these restrictions as needed.

Fairmint software provides a default one-year lockup period designed to model Rule 144 holding periods, and also enables other automated and manual restrictions that allow for granular control of assets on a per asset or per holder basis. Issuers may utilize more complex conditions before allowing the transfer of issued assets, but certain custom conditions may require additional technical support resulting in additional costs or fees.

Fairmint does not advise issuers on the appropriateness of applicable transfer restrictions and requires that issuers work with counsel to determine what is required under applicable laws and regulations. Even if an issuer does enable some or all holders to engage in transfers, such transfers may be subject to additional requirements, which we encourage counsel to discuss with their clients to ensure all requirements are met in full.

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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.