This is written from the perspective of a fund.

• SAFE - Simple Agreement for Future Equity (SAFE)
• SAFT- Simple Agreement for Future Token (SAFT)
• YC templates for SAFE - https://www.ycombinator.com/documents
• MFN - Most Favored Nation Terms (MFN)
• Tokenomics consent rights
• Token Warrant
  • has a purchase price, usually nominal value such as 500 or 1000$
  • has an exercise price
  • has a warrant expiration date (example 10 years, insolvency or 6 months post token launch)
• ROFR - Right of first refusal
• Liquidation preference - liquidation preference refers to the payout investors receive in a liquidation event (like a sale or merger) prior to any payments made to the common stockholders.

Things we should know before investing -

• Pro forma cap table

Other things that the investor may get depending on cheque size and negotations -

1. Board Seat
2. Board Observer seat
3. Information and inspection rights
4. Veto right to a drag along sale?