> For the complete documentation index, see [llms.txt](https://docs.charterfnd.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.charterfnd.com/miscellaneous/frequently-asked-questions.md). # Frequently Asked Questions **What is Charter?** Charter is a structured, end-to-end framework for launching tokens. It provides shared legal infrastructure, coordinated execution, and integrated operational support, allowing builders to launch without assembling a complex multi-entity structure from scratch. **What is Ink Foundation’s role in Charter?** Charter was developed by the team behind the Ink Foundation, the stewards of the Ink Blockchain. Ink Foundation provides the ecosystem infrastructure that makes Charter’s integrated pipeline possible, connecting compliant token launches to distribution, liquidity, and pathways to centralized exchange listings. Ink Foundation also plays an active role in supporting builders throughout the Charter process. **Is Charter a launchpad?** No. Charter is infrastructure, not a marketing or distribution platform. It supports compliant token launches but does not promote or sell tokens. **Who do I contract with?** Your primary agreement is with the Ink Foundation, which governs your participation in the Charter framework, fees, token allocation, and ecosystem access. The Charter Foundation administers the launch structure and governs both the Cayman Launch Company and the BVI Launch Subsidiary on your behalf, but you do not contract with Charter Foundation directly. Throughout the process, you will enter into additional agreements, such as the Builder Asset Transfer Agreement, along with the Builder Services Agreement, with entities created to service your project. **Why is the Ink Foundation my counterparty and not the Charter Foundation?** The Charter Foundation exists to provide independent governance over the launch structure — it is managed by professional fiduciary directors whose role is to ensure launches are conducted within a compliant and well-governed framework. By keeping your commercial relationship with the Ink Foundation separate from Charter Foundation’s governance role, the structure ensures clean separation between the entity that serves you and the entity that oversees the launch process. **Do I need to set up my own Cayman foundation company?** Not at the outset. Charter allows you to launch without forming your own Cayman Foundation Company. After a successful launch, the Cayman Launch Company converts into the Post-Launch Foundation, an independent Cayman Islands Foundation Company. The BVI Launch Subsidiary automatically becomes a wholly-owned subsidiary of the Post-Launch Foundation. The project transitions into full independence without needing to form a separate entity or novate any existing contracts. **What is the BVI Launch Subsidiary?** It is the operational launch vehicle for your project - a BVI business company wholly owned by the Cayman Launch Company. It mints the token, executes the token issuance at TGE, enters into launch-facing contracts (including market-making and exchange listing agreements), and interfaces with participants and counterparties. After launch, it automatically becomes a wholly-owned subsidiary of the Post-Launch Foundation. **What happens if the launch fails?** \ Charter is designed for clean exits. If the launch does not proceed as planned, the BVI Launch Subsidiary can be wound down straightforwardly, followed by the Cayman Launch Company. \ How does Charter simplify KYC and onboarding? Because Charter uses a standardized structure with consistent governance and known counterparties, many diligence and onboarding questions are resolved upfront. This reduces friction when working with partners, exchanges, and service providers. **How are token distribution and vesting handled?** Charter aligns token operations through integrated infrastructure, including Magna, ensuring that distribution, vesting, and stakeholder tracking are handled within a structured system from launch onward. **Will my token be listed on an exchange?** Not automatically. Charter provides access to an accelerated application process for getting listed with partners such as Kraken, but all listings are subject to independent review and conditions. **Do I have to use Charter’s partners?** No. Partners are recommended because they helped design the Charter workflow and are familiar with it, but builders are free to work with their own providers. **What does it cost?** The [linked chart](/charter-basics/costs.md#charter-fee-breakdown-by-phase) breaks down fees needed to participate in the Charter process. Each portion of fees is paid at the start of the corresponding phase. **Who is Charter designed for?** Charter is designed for serious builders launching structured digital asset projects—teams that value compliance, coordination, and long-term credibility. **Who is Charter not for?** Charter is not intended for: * memcoins, * anonymous teams, * experimental or unstructured launches, * hobbyist projects. **I’m not building on the Ink Blockchain. Can I use Charter?** Yes. Charter is available to any builder seeking a structured and compliant token launch, regardless of which chain they are building on. However, builders launching on the Ink Blockchain benefit from the fully integrated pipeline. This includes native infrastructure access, alignment with Ink Foundation’s builder programs, and a structurally shorter path to a potential listing on Kraken. Charter is chain-agnostic at the legal layer, but the most complete experience is built around the Ink Blockchain. **When should I apply?** Ideally, 8–12 months before your planned TGE. Legal and structural setup should begin at least 4–6 months prior to launch, and Charter operates with a limited number of concurrent projects. **Why use Charter instead of building the structure myself?** Charter reduces cost, time, and complexity by providing a standardized, reusable framework, coordinated partners, and a cleaner path to launch and independence. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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