Tokenization viability & ISA 2025 compliance advisory
Before you tokenize, find out whether you should.
AFROID Advisory helps African founders decide if tokenization fits their business, and structure compliant capital raises under Nigeria's Investments and Securities Act 2025. When the honest answer is "not yet," we say so.
Advisory only. We don't run an exchange, hold your funds, or sell tokens.
The problem
Most capital-raise mistakes are made before the first investor says yes.
Under ISA 2025, virtual and digital assets and investment contracts are securities. Calling an instrument a "SAFE," a "SAFT" or a "utility token" doesn't change that.
Copy-paste law
US-style SAFEs and SAFTs dropped into Nigerian companies without adapting them to CAMA 2020 mechanics, share issuance, or SEC rules.
Token-first thinking
Building a token strategy first and hunting for legal cover afterwards, when the real question is whether a token is needed at all.
Regulatory blind spots
ISA 2025 is new. Many founders, and many of their advisers, haven't mapped what it means for their structure.
Our approach
The 5-Gate Viability Framework
Every engagement starts with the same structured diagnostic, so you get a documented, defensible answer instead of an opinion.
Business foundation
Revenue, users, and whether the business survives if the raise fails.
Token utility
Does the token do something real, and could existing tokens do it instead?
Economic sustainability
Where value and yield come from, liquidity risk, supply design.
Regulatory feasibility
Investor categories, entity type, SEC pathway, budget, and decentralisation plan.
Strategic necessity
Why a token rather than equity, and what the alternatives would cost.
Our position
We'd rather lose a project than give advice that costs you your raise.
For many early-stage projects the right advice is to raise equity first and revisit tokens later. A "yes" from us means something because we're willing to say "no."
Honest advisory. Not what you want to hear. What you need to hear.
Services
Clear scope. Clear price.
Every engagement begins with a free 30-minute discovery call, so you know whether and how we can help before you spend anything.
SAFE drafting & advisory
For pre-revenue startups raising early capital through equity.
- Nigeria-adapted SAFE (CAMA 2020 mechanics)
- Classification memo (CAMA 2020 + ISA 2025)
- Investor suitability questionnaire
- Basic cap table modelling support
SAFT drafting & compliance memo
For projects where the 5-Gate assessment supports a token-rights instrument.
- Customised SAFT and risk-disclosure package
- ISA 2025 pathway memo
- Investor verification & KYC/AML checklists
- 5-Gate assessment report included
Full structuring support
For larger raises needing end-to-end coordination.
- Everything in Tier 2
- White paper structure review
- SEC filing coordination support
- Introductions to specialist partners (legal, audit, tokenomics, KYC)
ISA 2025 compliance review
For companies that already raised, or are about to, and want to know where they stand under the new Act.
- Review of existing instruments and structure
- Gap and risk summary against ISA 2025
- Prioritised fix list for your lawyer
Fees are indicative and confirmed in a written scope after your discovery call. Third-party costs (lawyers, auditors, SEC fees) are paid by you directly to those providers.
How it works
Four steps, no surprises.
Free discovery call
30 minutes. We understand your business and your raise, and tell you candidly whether we can help.
Written scope & fixed fee
Deliverables, timeline, and price in writing before any work starts.
Assessment & drafting
5-Gate scoring and the documents your situation actually calls for.
Handover & support
Final documents, a clear next-steps list, and post-delivery Q&A.
About
Vincent Chinecherem Agbowo
Founder, AFROID Advisory · LinkedIn
I'm a Nigerian law graduate who has spent the past 18+ months studying tokenization economics, ISA 2025, SEC digital-asset rules and cross-border structuring (US, EU and offshore) from the founder's side of the table.
I started AFROID because too many African founders are sold token strategies before anyone asks whether they need one, and too many receive templates written for other legal systems.
Where a project needs a licensed practitioner, specialist auditor, or foreign-law counsel, I work alongside a network of independent partners rather than pretending to be all of them.
- Focus: Tokenization viability, SAFE/SAFT structuring, ISA 2025 compliance
- Markets: Nigeria and cross-border African raises
- Framework: 5-Gate Viability Framework
- Approach: Fixed fees, written scope, honest answers
- Based in: Nigeria
FAQ
Common questions
Is a SAFE or SAFT legal in Nigeria?
They aren't illegal, but neither is a native Nigerian instrument. Under ISA 2025, investment contracts and digital assets are securities, so how an instrument is structured, who it is sold to, and whether SEC requirements apply all matter. That is what we map for you.
Will you tell me not to tokenize?
If that's the honest answer, yes. Many early-stage projects are better served by raising equity first. You'll get the reasoning in writing, plus a roadmap for what would need to change.
Are you a law firm? Do I still need a lawyer?
AFROID is an advisory firm, not a law firm. We prepare structure, analysis and drafts, and we recommend you have your own Nigerian capital-markets counsel review them before signing or filing.
Do you work with founders outside Nigeria?
Yes, for raises with a Nigerian or wider African dimension. Where EU, UK or US law is involved, we coordinate with independent specialist partners in those jurisdictions.
What does the free discovery call cover?
A 30-minute conversation about your business and raise, a first read on viability, and a recommendation on which service, if any, fits. No obligation.
Get started
Book your free discovery call
Tell us about your business and your raise. You'll get a straight answer on whether and how we can help.
WhatsApp: +234 814 698 8594 · Email: hello@afroid.co · Mon–Fri 9am–6pm, Sat 10am–2pm WAT Connect with Vincent on LinkedIn