ChefNet is in pre-IPO development. Early-stage participants can support the project through convertible contributions (SAFE-type instruments) that may convert to company equity at a future qualifying event under the SAFE agreement terms. KYC via Sumsub is required before any contribution.
Each verified participant gets a unique referral code (format CHEF-XXXXXX). When a referred participant makes a convertible contribution, the referrer receives a 10% referral bonus credited into their pre-IPO position — not paid as cash. The bonus converts together with the underlying contribution at the qualifying event, subject to the SAFE agreement terms.
CHEF-XXXXXX
Pre-IPO participation involves risk, including the possible loss of the principal contribution. No fixed return, profit, or IPO outcome is guaranteed. If no qualifying conversion event occurs within the SAFE term, the contribution may not convert and may be lost. The published nine-stage roadmap is a plan, not a commitment of dates or outcomes. Review the Disclaimer, Risks, AML/KYC Policy, and Terms before participating. ChefNet does not provide financial advice — all participation decisions are made at the participant's own risk.
No. ChefNet does not sell tokenized shares directly. Participants make convertible contributions under SAFE-type instruments. These may convert to company equity at a future qualifying event under the SAFE agreement terms — typically the Public IPO round or a qualified financing round.
A Simple Agreement for Future Equity (SAFE) is a contract where a participant contributes funds today in exchange for a contractual right to receive equity at a future qualifying event. The participant is not a shareholder until conversion. This is a standard, well-understood instrument used by many pre-IPO startups.
Conversion is triggered by the events defined in the SAFE agreement — typically the Public IPO round (final stage in ChefNet's nine-stage roadmap) or a qualified financing round. ChefNet does not publish a fixed conversion date; the roadmap describes the sequence of work, not a commitment of timing.
Each verified participant gets a unique code (CHEF-XXXXXX). When a referred participant makes a convertible contribution, the referrer receives a 10% referral bonus credited into their own pre-IPO position. The bonus is not paid as cash — it converts together with the underlying contribution at the qualifying event, subject to SAFE terms.
ChefNet welcomes participants globally, but eligibility is checked at KYC. Some jurisdictions restrict pre-IPO crowdfunding for non-accredited individuals; some have sanctions-related restrictions. Sumsub KYC tells you before any contribution if you are not eligible.
If no qualifying event happens within the term of the SAFE agreement, the SAFE may not convert and the participant may lose part or all of the contribution. This is the principal risk of pre-IPO SAFE participation and is disclosed before any contribution.