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Who can participate in the Avalanche® (AVAX) public sale?
Who can participate in the Avalanche® (AVAX) public sale?
Note: The Avalanche Token sale closed on July 15, 2020 at 2:33PM ET
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Written by Avalanche
Updated over a week ago

Non-US citizens and residents are eligible to participate, except for the following restrictions:

Non-US Citizens

Notice to Residents of the Cayman Islands

No invitation has been or will be made by or on behalf of the company to the public in the Cayman Islands to subscribe for or purchase any securities.

Notice to Residents of Cuba, Iran, North Korea, Syria and the Crimea Region

The future token interests are not being offered or distributed to any resident of or any person located or domiciled in Cuba, Iran, North Korea, Syria, the Crimea region or any other country or territory that is subject of country-wide or territory-wide sanctions.

US Citizens & Residents

Avalanche Foundation Limited, the foundation behind the Avalanche network, and its affiliates are now conducting the public sale pursuant to Reg. D Rule 506(c) of the Securities Act of 1933 as an exempt offering and pursuant to the safe harbor under Regulation S of the Securities Act.

All investors who are U.S. Citizens or Non-U.S. citizens who currently reside in the U.S., must be “accredited investors” as defined under Rule 501 of Regulation D or must not be a “U.S. Person” as defined by Regulation S under the Securities Act and meet other suitability standards.

Accredited investors will be required to verify their accredited status in compliance with Rule 506(c).


For any additional questions, please visit our knowledge base or contact a support team member via the chat button at support.avax.network.

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