Syndicate Meeting

Property
Date
Jul 28, 2022
date
Tags
Last to edit
notion image
Syndicate Investing
Β 
No Carry Allowed
99 member limit
All members must vote?
notion image
Onboarding method
  • start with a clean wallet - all assets will become available to the club
  • Create Club Name
  • Create a Ticker
  • Link Must be Distributed Privately due to regulations
    • people can add assets to the club
  • Create one new Gnosis safe for each club
  • Voting can be done via Snapshot - not integrated with Syndicate platform
Dashboard view
notion image
Β 
Β 
Tesa: We would create an investment club per deal and restrict it to 99 members?
James: If the members change per investment, then yes.
Tesa: Yes they will mostly be SAFTs and NFT projects, so all digital and easy to create a
  • too expensive to do a SAFT on Angel List
    • could be used for SAFEs
James: Will SAFTs accept USDC?
Tesa: yes
James: set up separate investment club per investment
Fees
  • no costs for the service today
  • Possible commercial costs coming in future
  • KYC isn’t integrated
    • we may need to modify Syndicate legal docs for our KYC compliance
Β 

Syndicate Meeting

Property
Date
Jul 28, 2022
date
Tags
Last to edit
notion image
Syndicate Investing
Β 
No Carry Allowed
99 member limit
All members must vote?
notion image
Onboarding method
  • start with a clean wallet - all assets will become available to the club
  • Create Club Name
  • Create a Ticker
  • Link Must be Distributed Privately due to regulations
    • people can add assets to the club
  • Create one new Gnosis safe for each club
  • Voting can be done via Snapshot - not integrated with Syndicate platform
Dashboard view
notion image
Β 
Β 
Tesa: We would create an investment club per deal and restrict it to 99 members?
James: If the members change per investment, then yes.
Tesa: Yes they will mostly be SAFTs and NFT projects, so all digital and easy to create a
  • too expensive to do a SAFT on Angel List
    • could be used for SAFEs
James: Will SAFTs accept USDC?
Tesa: yes
James: set up separate investment club per investment
Fees
  • no costs for the service today
  • Possible commercial costs coming in future
  • KYC isn’t integrated
    • we may need to modify Syndicate legal docs for our KYC compliance
Β