Post-ICO Reporting and Governance
The completion of a token sale does not end an issuer's legal and compliance obligations. Post-ICO obligations include ongoing reporting to token holders on the use of proceeds and project development milestones, governance of the protocol or project in accordance with commitments made in the whitepaper, compliance with ongoing VASP licensing obligations, and in regulated jurisdictions, periodic financial and regulatory reporting to the relevant authority. Failure to meet post-ICO obligations can result in regulatory enforcement, civil litigation from token holders, and reputational damage that impairs the project's long term viability.
Neptune Fiduciaries Group assists token issuers in designing and implementing post-ICO governance and reporting frameworks, including the establishment of a transparent use of proceeds tracking and reporting process, token holder communication protocols, vesting and lock-up schedule administration for team and advisor tokens, and ongoing compliance with VASP and crypto-asset regulatory obligations in all relevant jurisdictions. We help projects build the institutional infrastructure needed to grow from a token sale into a well governed and credible protocol or business.
Use of Proceeds Accountability
We assist in establishing transparent use of proceeds reporting processes, including regular updates to token holders on fund allocation across the categories committed to in the whitepaper, building investor confidence and regulatory credibility.
Token Holder Communication and Governance
We advise on the design of token holder communication frameworks including regular project updates, governance voting processes for protocol changes, and the management of community expectations in line with whitepaper commitments.
Vesting Schedule Administration
We assist in the administration of team, advisor, and foundation token vesting and lock-up schedules, ensuring compliance with commitments made to investors and coordinating with exchanges on the management of locked token releases.
Ongoing Regulatory Reporting
In jurisdictions with ongoing VASP or crypto-asset regulatory reporting requirements, we assist token issuers in meeting their periodic reporting obligations to the relevant financial regulator, ensuring continuous compliance with applicable regulatory frameworks.
Get in Touch
Contact Neptune Fiduciaries Group via info@neptunecorporate.com or visit our Contact Us page.
