Participation is structured: connect a wallet, complete KYC, tag jurisdiction, complete verification at the appropriate level, set restricted-asset flags. Once active, the verified profile is the reusable permission slip the protocol checks at every participation event. One verification, used across every listing.
6 stepsFrom wallet connect to active profile
3 levelsRetail open, qualified, accredited
1 profileReusable across every Launchpad listing
Verification is built once, reused across listings
Token participation in the rest of the industry has no persistent identity layer. Each presale collects its own KYC, sometimes through different providers with different standards. A participant ends up with verification trails across half a dozen platforms, no continuity between them, and no shared standard for what 'qualified investor' actually means. The EDMA Launchpad inverts this default. The participant builds one verified profile that lives on the protocol; every listing reuses the same verification.
The profile is the participant's structural counterpart to the issuer's dossier. The issuer's dossier (documented at KPI proof) describes what the project is and what evidence backs it. The investor's verified profile describes who the participant is and what verification level they hold. Both anchor on-chain; both are durable; both are auditable. Both are checked by the protocol at every participation event. The investor commits to the protocol's tier rules; the protocol commits to the milestone-gated release of the capital documented at capital release.
SIX STEPS TO BUILD A VERIFIED PROFILEVerification is built once and reused across every Launchpad listing. The investor's profile is the reusable permission slip the protocol checks at every participation event; the steps below set it up.
WALLET
V01
Connect wallet
EVM-compatible, multiple supported
IDENTITY
V02
Complete KYC
Jurisdiction-specific verification
JURISDICTION
V03
Tag jurisdiction
Determines applicable rules
LEVEL
V04
Verification level
Retail, qualified, or accredited
FLAGS
V05
Asset eligibility
Reg D, Reg S, restricted holdings
ACTIVE
V06
Profile active
Reusable across all listings
Six steps to build a verified profile. Each step is completed once; subsequent listings the participant joins reuse the existing verification rather than re-running it from scratch. The profile is updated, not rebuilt, when jurisdiction or verification level changes.
VERIFIED PROFILE COMPOSITION, FIVE COMPONENTSAn active verified profile is a single record with five components. Each is independently verifiable, updateable, and on-chain at the level the protocol enforces. Sensitive material (KYC documents, personally identifiable information) is held off-chain under signed-URL access; only the hashes and verification status anchor on-chain.
C1IDENTITY
KYC verification record with expiration trackingno anonymous participation
What it containsIdentity verification completion record, KYC provider identifier, verification timestamp, expiration date (typically 12 to 24 months depending on jurisdiction), document hash references, and signed-URL access for authorized auditor review.
On-chain footprintVerification hash only. The actual KYC documents live off-chain under signed-URL access. Auditors and regulators receive signed links when requested through the proper authorization path; the profile's on-chain footprint exposes only the verification status.
C2JURISDICTION
Jurisdictional tag with applicable-rules bindingdetermines which rules apply
What it containsThe investor's primary jurisdiction tag (US, EU, UK, CA, AU, SG, JP, etc.), residency status, and the binding between the jurisdiction and the rule set the protocol applies (Reg D and Reg S rules for US participants, MiCA rules for EU, FCA rules for UK, and so on).
What it controlsTier access (some jurisdictions are excluded from certain tiers), restricted-asset eligibility (some routes are blocked in some jurisdictions), trading rules at unlock (different unlock periods apply per jurisdiction), and the regulator the protocol communicates with on the participant's behalf.
C3VERIFICATION LEVEL
Retail Open, Qualified Investor, or Accreditedunlocks corresponding presale tiers
What it containsThe verification level the participant has completed: Retail Open (basic KYC, jurisdiction not excluded), Qualified Investor (qualified-investor verification per jurisdiction-specific rules), or Accredited Investor (accredited-investor verification, jurisdiction-specific, typically income or asset thresholds plus professional certifications where applicable).
What it controlsWhich tiers of presale the investor can access. Retail Open profile accesses T1 listings only. Qualified profile accesses T1 and T2 listings. Accredited profile accesses all three tiers. See the access mapping diagram below.
C4RESTRICTED-ASSET FLAGS
Reg D, Reg S, and per-route eligibilitytracks restricted holdings
What it containsPer-asset-class eligibility flags. US participants typically hold Reg D restricted tokens with 12-month lockups for non-affiliates; EU and offshore participants typically hold Reg S unrestricted tokens after compliance periods. The profile tracks which restricted holdings the investor has, when they vest into unrestricted status, and the route-specific transfer rules that apply.
What it controlsWhether a transfer or sale instruction at a given moment is allowed. Restricted holdings stay restricted until legally cleared; the protocol enforces the legal transfer rules at the contract level. The dashboard shows what is vested, tradable, and the unlock date per lot.
What it containsAppend-only record of all profile changes: initial KYC, periodic re-verification, jurisdiction moves, verification level upgrades or downgrades, restricted-asset flag updates. Each entry is timestamped and signed by the relevant Attestor Registry party (KYC provider, jurisdictional authority, custodian, as applicable).
Why it mattersThe audit trail allows auditors, regulators, and the participant to reconstruct the verification history at any point. If a regulator audits the participant's holdings in 2028 for an event in 2026, the audit trail shows what verification was in place at the event's time, who attested, and what rules applied.
The five components of an active verified profile. Each is independently updateable; the profile updates atomically when any component changes. Sensitive material (KYC documents, PII) lives off-chain under signed-URL access; on-chain footprint is hashes and verification status only.
Which presale tiers each verification level unlocks
The three Launchpad presale tiers (documented at how to apply from the issuer side) are unlocked by progressively deeper investor verification. The mapping is enforced at the contract level: a Retail Open profile cannot route around the protocol to participate in a T3 listing, and a T3 listing cannot route around the protocol to accept Retail Open participants. The protocol checks the participant's verification level at every commit transaction.
Verification level is upgradeable. A Retail Open profile can complete qualified-investor verification and become L2 with no re-KYC of the existing identity component. An L2 profile can complete accredited verification and become L3. The audit trail (C5 of the profile) records each verification change with its timestamp and the attestor of record.
VERIFICATION LEVEL UNLOCKS PRESALE TIERSThe three Launchpad presale tiers (T1 Retail Open, T2 Qualified, T3 Private) are unlocked by progressively deeper investor verification. A Retail Open profile accesses T1 listings only. A Qualified profile adds T2 access. An Accredited profile adds T3 access. The mapping is enforced at the contract level.
L1RETAIL OPEN
Basic KYC, jurisdiction not excludedunlocks T1 listings
Verification requiredIdentity verification through a recognised KYC provider. Jurisdiction tag set. The participant's jurisdiction must not be on the protocol's exclusion list (sanctioned regions, blocked parties).
What it accessesT1 Retail Open presales: projects with demonstrated operating substance (revenue, throughput, audit attestation). The dossier evidence depth justifies broad retail participation; per-wallet caps and standard lockups apply.
What it does not accessT2 (qualified-investor) and T3 (accredited-only) presales. Most pre-revenue projects route to T2 or T3 by default and are not visible to Retail Open profiles in the listings browser.
L2QUALIFIED
Qualified-investor verification, jurisdiction-specificunlocks T1 plus T2
Verification requiredQualified-investor verification per the participant's jurisdiction. In the US, this requires meeting income or net-worth thresholds, or holding qualifying professional certifications. In the EU, MiFID-defined professional client status. In the UK, FCA-defined certified high-net-worth or self-certified sophisticated investor. Other jurisdictions apply local definitions.
What it accessesT1 plus T2 Qualified Investor presales. T2 listings are funded software projects pre-revenue, RWA platforms with limited operating history, or renewable projects under commissioning. Per-wallet caps higher than T1; mandatory lockups exceed Retail Open defaults.
What it does not accessT3 (accredited-only) presales. Accredited verification is a separate completion event with stricter jurisdiction-specific requirements.
L3ACCREDITED
Accredited-investor verification, jurisdiction-specificunlocks all three tiers
Verification requiredAccredited-investor verification per the participant's jurisdiction. US participants meet SEC accredited-investor thresholds (income, net-worth, or professional certifications). Other jurisdictions apply their local accredited or qualifying-investor frameworks. Verification typically requires third-party attestation (CPA, attorney, or registered investment adviser); the Attestor Registry tracks the attestor of record.
What it accessesAll three tiers. T3 Private placements are typically pre-revenue concepts and early-stage projects; access is closed to non-accredited retail by jurisdictional rule, not just protocol policy. Per-wallet caps and lockup periods are most restrictive.
Restricted-asset noteReg D-restricted tokens in the US are tagged restricted at the contract level. They remain restricted until legally cleared, typically after a 12-month holding period for non-affiliates. The protocol enforces the legal transfer rules; the participant cannot resell restricted holdings until they vest into unrestricted status.
Verification level unlocks corresponding presale tiers. L1 Retail Open accesses T1 listings. L2 Qualified adds T2 access. L3 Accredited adds T3 access. The mapping is enforced at the smart-contract level; no operator discretion overrides the verification requirement.
Continue the For Investors series
This page covered who the participant is from the protocol's side. The remaining three pages cover what happens after commit: custody and compliance documents the three custody options and the four token states (Active, Restricted, Frozen, Retired). visible progress documents the four classes of observable events (milestones, KPI re-attestations, material changes, tranche releases) and the proof page anatomy that makes each event auditable. investor protection documents the four protection layers (escrow, milestone-gating, vesting alignment, revocation framework) and the four recovery scenarios.
The Launchpad is currently in design (Phase 4 of the EDMA master plan with August 2026 target launch). The protocol primitives the For Investors flow depends on are mature; the Launchpad-specific build covers the integration. For the full roadmap visualization, see the timeline on the how to apply page.
