For Issuers
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Token Crowdfunding Fee Structure
| Steps | Fees |
|---|---|
| Apply to raise money | No charges |
| Undergo initial due diligence and verification | No charges |
| Accepted for full due diligence and hosting processing | RM3,888 Administrative Charges |
| Project is successfully funded |
Success Fees as follows:
|
| Smart Contract Audit |
RM 8,000 (payable upon successful campaign)
Note: Fee will be used to appoint an independent party to audit the issuer’s smart contracts in relation to token creation (i.e., mining, transfer, burning); Fees will be subjected to the prevailing market rate for smart contract audits.
|
| Post-campaign management |
RM 5,000 per annum (payable upon successful campaign)
Note: Fees will depend on the range of services that issuers require from pitchIN, which may include token custody, investor management and proceeds disbursement.
|
- Apply to raise money: When you apply to raise money with us there will be no fee charge.
- Initial due diligence: Undergoing initial due diligence and verification is an essential step in the fundraising process. This process involves verifying the identity of the issuer and assessing the risks associated with the project. By completing this step, you can ensure that your project is a good fit for token crowdfunding.
- Full due diligence and hosting processing: The onboarding fees will be primarily used for detailed due diligence and hosting processing. The fees is payable upon the company being accepted for onboarding. This payment is a one-time fee that is required for your TCF campaign.
- Success fees: Success fees are charged upon successful completion of your TCF campaign. You should factor in the success fees when setting the minimum and maximum targets for your TCF campaign to ensure that the fundraising amount needed is met.
- Smart contract audit fees: Smart contract audit fees are charged to appoint an independent party to audit the issuer’s smart contracts in relation to token creation, such as mining, transfer, and burning. The fees are subject to the prevailing market rate for smart contract audit.
- Post-campaign management fees: Post-campaign management fees are charged by pitchIN and depend on the range of services that issuers require. There service may include token custody, investor management and proceeds disbursement.