Pulley

Frequently asked questions

How does Pulley ensure secure token distributions?

Pulley ensures secure token distributions by automating the distribution process while allowing the user to remain the final approver. Pulley does not custodian tokens or store private keys, so if the user loses access to their wallet or needs to adjust a grant, they can simply update the information on Pulley. Additionally, Pulley works with payroll providers and custodians to ensure compliance with regulatory authorities such as the IRS and SEC when issuing and distributing tokens. They also provide audit defensible fair market valuations for tokens, grants, and distributions. Pulley offers transparency to token holders through a personal portal where they can track vesting, tax, and distribution information in real-time. The platform supports projects from startup to enterprise and integrates with third-party token custodians for issuing and tracking tokens. Pulley also allows for recording custom lockups and integrates with payroll providers for automatic syncing. Overall, Pulley aims to eliminate errors and manual processes in token management.

Does Pulley support compliant tax withholdings?

Yes, Pulley supports compliant tax withholdings. They work with payroll providers and custodians to ensure compliance when issuing and distributing tokens to contributors. This includes support for variable tax withholdings and custom reporting.

Can Pulley provide accurate token valuations?

Yes, Pulley can provide accurate token valuations. They have a dedicated team of crypto valuators who can provide audit defensible fair market valuations for all tokens, grants, and distributions.

What information can token holders access through Pulley?

Token holders can access information related to distributions, tax withholdings, token valuations, and lock-up tracking through Pulley. They can automate distribution details while remaining the final approver, without Pulley custodian tokens or storing private keys. Pulley ensures compliance with tax regulations by working with payroll providers and custodians, supporting variable tax withholdings and custom reporting. The platform also provides audit defensible fair market valuations for tokens, grants, and distributions. Token holders can access their personal Pulley portal to track vesting, tax, and distribution information in real-time without intermediaries. Additionally, Pulley offers custodian integrations with third-party token custodians and payroll integrations with providers like Gusto and Sequoia. Overall, Pulley provides a full-stack token platform for efficient and accurate token management.

Does Pulley integrate with third-party custodians and payroll providers?

Yes, Pulley integrates with third-party custodians and payroll providers. They work with payroll providers and custodians to ensure compliance when issuing and distributing tokens. They also offer support for variable tax withholdings and custom reporting. Additionally, Pulley allows users to connect to third-party token custodians to issue and track tokens.

How does Pulley track custom lockups?

Pulley tracks custom lockups by recording them in addition to any vesting terms. Stakeholders are notified about when their tokens are scheduled to unlock.

Which payroll providers can Pulley automatically sync with?

Pulley can automatically sync with payroll providers such as Gusto and Sequoia.