A token sale can be conducted using the Token Market Infrastructure (TMI), with Omnichain integration allowing seamless distribution across multiple blockchains.

Asset issuers set the price for the asset fractions, determine the sale period to attract capital, and ensure synchronization of liquidity across supported chains. Multiple sales can be created at the same time for various assets. Note that the same asset cannot be included in multiple sales at the same time.

Creating a Sale

To create a sale, you must be registered on the Token Market Infrastructure platform as an asset issuer. This role can be granted to you by the market administrator. Remember that you will have to follow all the rules set by the market administrator.

The sale process includes wrapping assets into a new token, then creating fractions to sell. It occurs in the primary market, which is fundamental to the initial distribution of assets, similar to New Market Issuance (NMI).

The market administrator may restrict asset trading to, for example, ERC-721 standard only, or they may impose regulatory restrictions, such as the jurisdiction of the issuers or investors.

The following information is required to create a sale:

• Basic Information: Provide essential details, including the sale's name, an image, and a clear description.
• Define the Assets for Sale: Specify the tokens to be sold and the total number of tokens. Multiple tokens can be added to diversify the offering.
• Start and End Date: Define the start and end dates for the sale, establishing a clear timeframe for transactions.
• Targeted Fundraising: Set fundraising goals by defining the soft cap (minimum amount needed for success) and hard cap (maximum amount to be raised).
• Create Fractions: Define the fractions of the tokenized asset to be sold, including naming the fractions, specifying their quantity, and describing their significance.

Note that with Omnichain all fractions are synchronized across the selected blockchains, allowing investors to purchase from any chain, with the total supply and sale progress updated in real-time.

Sale Verification

Depending on the rules defined by the market administrator, a sale may need to undergo an approval process before it can be made available to investors. This step ensures that the market administrator is aware of, and can validate every asset distributed on their platform, ensuring that they meet the required standards.

The validation itself involves the market administrator signing transactions created by the Token Market Infrastructure.

Once the sale is approved, it will be displayed on the investor portal.