Saim Akif
CPA, CFA, CAMS, Realtor
Cryptocurrency and Virtual Currency Accounting
Real Estate and Construction Accounting
Saim Akif, CPA, CFA, CAMS, Realtor
Why are SAFEs are considered better financing opportunities than other methods when it comes to crypto?
Hi Saim, good morning. Lately, I’m been hearing a log about using SAFE for fundraising with crypto, can you please let me know some basic explanation for why it’s preferred?
The answer is very simple: it’s a very effective way to raise funds for your company. Moreover, it offers a very simple process to get money into the company, and you won’t have to worry if you’re seeking investments in the form of crypto.
SAFE is used for the seed rounds, but also in nearly every crypto investment. They are considered as better overall financing than ‘bridges’ rounds.
© Saim Akif, 2021