【Breaking】Private fundraising platform FairClub plans to adopt Metaplex’s permissioned token standard

Deep Tide TechFlow news, November 10: According to FairClub, the private fundraising platform announced a partnership with Metaplex and plans to adopt the permissioned token standard MPL-3643, bringing compliant ownership and on-chain governance to startup private fundraising on Solana.
FairClub said it plans to replace its existing governance NFTs with MPL-3643 tokens. The standard allows wallets that pass checks such as KYC, anti-money laundering, and accredited investor eligibility to hold tokens, and issuers can also set a cap on the number of holders. Investors can vote through compatible governance plugins.
The platform said each funding round is currently conducted through a Wyoming special purpose entity, with investors receiving governance NFTs representing their proportional voting rights. The secondary market has not yet launched; in the future, eligible investors may be allowed to transfer their interests subject to the restrictions set by each entity.

Source: Deep Tide
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