LEADER 00432nas##22001217##450# 001 9910469215203321 100 $a########d########u##y0engy50####ba 105 0 $a########00### 200 1 $aInternational Conference on Mechanical Engineering and Technology (ICMET-London 2011) 700 $aLee$0792890 912 $a9910469215203321 996 $aInternational Conference on Mechanical Engineering and Technology (ICMET-London 2011)$91773520 997 $aUNINA LEADER 03549nam 22006375 450 001 9911031573603321 005 20251001130725.0 010 $a981-9639-20-4 024 7 $a10.1007/978-981-96-3920-5 035 $a(CKB)41521113600041 035 $a(MiAaPQ)EBC32323721 035 $a(Au-PeEL)EBL32323721 035 $a(DE-He213)978-981-96-3920-5 035 $a(EXLCZ)9941521113600041 100 $a20251001d2025 u| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aSimple Agreements for Future Equity (SAFE) $eSmart Contracts for Venture Finance /$fby Ron van der Meyden, Michael J. Maher 205 $a1st ed. 2025. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Springer,$d2025. 215 $a1 online resource (396 pages) 225 1 $aBlockchain Technologies,$x2661-8346 311 08$a981-9639-19-0 327 $aThe Need for SAFEs -- SAFE Contract Terms -- Accounting Views of Convertible Instruments -- Methods for Converting a Pre-Money SAFE -- Conversion of Post-Money SAFEs -- Game-Theoretic Aspects of SAFE Conversion -- Equity Financing with Multiple SAFEs -- Liquidity Events with Multiple SAFEs -- Dissolution Events -- Towards a Better SAFE -- Summary of the Analysis -- Blockchain and Smart Contracts -- Difficulties in Formalizing SAFE Contracts -- Strategies for Formalization -- Architecture for SAFE Smart Contracts -- Evaluation -- Interaction with Law -- Privacy and Platform Issues -- Issues in Implementing other SAFE Clauses -- Conclusion. 330 $aThis book presents a case study of the development of a smart contract, from the analysis of the legal contract to the structural design of the smart contract and implementation on the Ethereum blockchain. It identifies approaches to avoid or lessen the impact of pitfalls. And it discusses strategies to address the interaction between parties to the smart contract and legal authorities. The legal contract that is implemented is the simple agreement for future equity (or SAFE), which is widely used for financing startup companies. The analysis of this contract has the additional advantage that it clarifies issues in the conversion of a SAFE contract to equity that are a source of confusion in practice. This book is of interest to anyone in the field of digital finance, as well as to venture capitalists and entrepreneurs making use of SAFEs. 410 0$aBlockchain Technologies,$x2661-8346 606 $aBlockchains (Databases) 606 $aNew business enterprises$xFinance 606 $aSocial sciences$xMathematics 606 $aArtificial intelligence 606 $aBlockchain 606 $aEntrepreneurial Finance 606 $aMathematics in Business, Economics and Finance 606 $aArtificial Intelligence 615 0$aBlockchains (Databases) 615 0$aNew business enterprises$xFinance. 615 0$aSocial sciences$xMathematics. 615 0$aArtificial intelligence. 615 14$aBlockchain. 615 24$aEntrepreneurial Finance. 615 24$aMathematics in Business, Economics and Finance. 615 24$aArtificial Intelligence. 676 $a005.824 676 $a005.74 700 $avan der Meyden$b Ron$01751913 701 $aMaher$b Michael J$0115363 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9911031573603321 996 $aSimple Agreements for Future Equity (SAFE)$94443336 997 $aUNINA