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Issuer · 1:39 min

Primary sale setup

The issuer proposes the terms of a primary sale, and the platform approves them before the sale opens on the blockchain. From then on the sale contract enforces the price, the limits and the time window.

Narration in English, subtitles in your language. Recorded on the demo platform with demo data and the demo stablecoin tUSDC.

Who takes part

  • Issuer administrator
  • Asset manager of the platform

Steps

  1. In the Sale tab of the live asset the issuer chooses the sale type. With escrow, payments wait in the sale contract and tokens are delivered only if the sale reaches its minimum.
  2. The issuer offers 100 tokens at the reference price of 50 USDC. The sale succeeds with at least 60 tokens sold.
  3. The issuer sets the minimum ticket of 100 USDC, the maximum of 5,000 USDC per investor and a duration of 30 days, and sends the sale for approval.
  4. The manager checks the price against the confirmed valuation and approves the sale. The author of a sale cannot approve it.
  5. The agent creates the sale in the sale contract on the blockchain.

Result

  • The asset page shows the open sale with its price, the minimum ticket and the progress towards the goal.
  • The platform fee is taken from the issuer payout, not from investors.