Ink Foundation launches $100K token framework

• Ink Foundation, GSR and legal and audit firms have launched Charter Foundation to simplify crypto token launches.
• Charter says its structure can cut upfront launch costs by more than half from setups costing over $100,000.
• The initiative aims to prepare crypto projects for renewed token-launch activity as the market enters its next cycle.

Ink Foundation, GSR and several legal and audit firms have launched Charter Foundation, a shared framework designed to reduce token launch costs that can exceed $100,000.

The initiative comes as token launches and token-linked venture deals have declined, while crypto investors have increasingly favoured equity structures.

“Crypto markets are cyclical, and the best time to build for the next wave of demand is often before it arrives,” said Ink Foundation counsel and Charter Foundation principal architect John Wu.

Charter said projects typically need three entities, while its model creates a dedicated Cayman Islands exempted company that can later become an independent foundation.

The framework is designed to standardise legal structures while preserving separation and independence, with Charter saying it can reduce upfront costs by more than half.

The project was developed by the team behind Ink, an Ethereum Layer 2 network, while partners include Carey Olsen, Renno & Co, Cooley, Fenwick, ChainSecurity and Zellic.