Launching a token has always been an expensive exercise in legal origami. You need a builder lab company, a Cayman Islands foundation, a British Virgin Islands subsidiary, and enough billable attorney hours to make a law firm partner weep with joy. A new initiative called Charter Foundation wants to collapse that entire stack into something leaner and roughly half the price. A group of crypto firms has created the Charter Foundation to provide a standardized legal and governance framework for token launches. The pitch: shared infrastructure that brings setup costs down from around $70,500 under a traditional arrangement to approximately $35,000. How the framework actually works Charter Foundation replaces that multi-entity sprawl with a shared infrastructure layer. During the initial launch phase, Charter manages the legal and governance scaffolding on behalf of the project. After the token goes live and finds its footing, control transitions to an independent organization that the project team manages on its own terms. The distinction Charter draws is deliberate: it positions itself as infrastructure, not a launchpad or token promoter. The framework’s primary partner is Ink Founda...
Charter Foundation launched to reduce token launch costs by half
1 month ago
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