cipher.lawyer
— LEGAL DESIGN STUDIO

A SAFE you can understand before you sign it.

A SAFE is a lightweight investment contract: cash today, shares tomorrow — at a price capped by the valuation you agree on now. This is that contract, broken open.

Template Version 1.1 · Legal Design Edition · Post-Money Valuation Cap
— LAYER 1

Executive dashboard

The four or five numbers that actually matter. Think of it as the cover sheet of the contract.

01Company
[Company Name]

The entity receiving the money.

02Investor
[Investor Name]

Whoever is putting up the money today in exchange for a future right to shares (and, if applicable, tokens).

03Purchase Amount
[USD Amount]

The cash that lands in the Company's account today.

04Valuation Cap
[USD Cap] · post-money

The maximum price (measured post-money) at which this investment converts into shares.

05Date
[DD/MM/YYYY]

The date the money is deemed to have been delivered.

06Governing Law
[Jurisdiction]

Which law interprets and governs this SAFE.

07Discount Rate
N/A · post-money SAFE

Standard post-money SAFEs use the Cap only. Add a discount here if your deal negotiated one.

08Token Warrant · Sec. 5
[Applies / N/A]

Whether this SAFE also grants a right to future tokens if the Company launches a network.

Note: if anything on this dashboard contradicts the legal body below, the legal body controls.

— LAYER 2

The contract, unfolded

Same order and numbering as a standard post-money SAFE. Every defined term is hoverable. Toggle Founder / Legal mode any time — it changes what you see first, not what applies.

— DEPLOY

How this plays out

Four scenarios the SAFE knows how to handle. Pick one and see the trigger, the mechanic, and the outcome.

— running scenario A

Equity Financing

01Trigger

A new investor comes in at a fixed price per share.

02What the SAFE does

Automatic conversion at the initial closing (Section 1(a)).

03Outcome for the Investor

The Investor receives shares at whichever price is lower: the round price or the Cap price.

— PRE-SIGNATURE

Checklist before sending for signature

Five checks. If any fails, do not send. Nothing here is saved — this is a working surface, not a form.

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— CIPHER.LAWYER

This is what we do with every contract: make it understood before it's signed.

The template you just explored is educational. Your real deal has your numbers, your jurisdiction, your token structure. Bring it and we'll build it with the same clarity.