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Cost Calculator

Model your offering costs based on size, caps, and investor sourcing. All amounts in multiples of $150,000.

SEC Reg D/Reg S Wyoming DAO LLC Zero Upfront Fees Success-Based Only

Calculate Your Costs

Adjust the parameters below to see exactly what you'll receive and pay over the life of your offering

Six Hundred Thousand Dollars Minimum funding required to proceed
One Million Five Hundred Thousand Dollars Maximum you can raise
$900,000
Soft Cap
$0 $1,500,000
Drag to simulate different outcomes (from $0 to hard cap)

Investor Sourcing

Your Network (1%) Broker Placed (6%) General (6%)
30%
$270,000 Investors you bring directly → 1% distribution fee
50%
$315,000 Broker helps place → 6% distribution fee
General Distribution (unassisted) $315,000
Annual interest rate paid to investors
Bond maturity period
How often coupon payments are made

Complete Fee Structure

All fees depend on how investors are sourced

Fee Type Amount When Charged Who Pays Split
Brokerage Fee 0.5% Secondary trades + primary
⚡ Deferred during soft cap — charged when cap is reached
Buyer ⅓ Platform + ⅓ Buy-side + ⅓ Sell-side
Distribution Fee 6% OR 1% Deducted from soft cap when reached
⚡ Not charged until soft cap reached
Issuer (from proceeds) See below
→ General Distribution 6% Investors not from issuer's network Issuer Brokers + Sails.to
→ Referral Investors 1% Investors using issuer's referral code Issuer Sails.to
Trust & Administration 1% annual Ongoing (annually on nominal value) Issuer Trust + Sails.to
Security Deposit 3% of issuance At issuance, reserved under trust Issuer (from proceeds) Reserved, returned at end
Clearstream Fees Variable Channel 3 transactions Investor Clearstream
CrossConversion Fee 0.75% When CrossConverting between On-Chain ↔ Bankable form Requester Sails.to + Trust
📌 Key Points
  • Soft cap phase fees are deferred: Brokerage (0.5%) and distribution fees are charged once soft cap is reached, deducted from proceeds
  • If soft cap fails: Full refund to investors (only Clearstream fees at cost, if used)
  • No upfront costs: All fees deducted from proceeds when offering succeeds
  • Security deposit: Returned at end of bond term if no issues