# Welcome to Tally

### Token sales are a better way to raise capital

Token sales let you raise capital and build community in a single event — no multi-year IPO timelines, no gatekept VC rounds, no dilutive terms.

### But most token sales are flawed

The standard playbook has problems:

* **Compliance is an afterthought:** Many projects launch offshore, limiting access to U.S. participants and institutional capital.
* **No infrastructure for what comes next:** Teams scramble to set up liquidity, vesting, and governance after the sale.
* **Participants don't know what they're buying:** Opaque tokenomics, hidden insider allocations, and unclear unlock schedules erode trust.

### Token sales are hard to get right. Tally fixed it.

Fundraising on Tally:

1. Reaches the right participants with Tally's audience and partners 
   1. Promotion on the Tally app which has processed over $1B in transaction volume
   2. Partnerships with the largest organizations in crypto
   3. Roadshows targeting institutional investors
2. Drives fair & efficient price discovery
   1. Pricing a token for sale is hard. Too high, and there’s no buyers. Too low, and you give away value to arbitrageurs.
      1. Uniswap's Continuous Clearing Auction eliminates guesswork and front-running
3. Ensures strong economic rights for holders with guaranteed post-sale liquidity
   1. 20% of raised funds are automatically locked in DEX LP for one year immediately after the sale concludes.
   2. Tally removes the need for expensive third-party strategies like CEXs and risky backroom market making deals, while holders are guaranteed a safe on-chain liquid trading venue
4. Offers teams advanced tooling for success 
   1. Uniswap Continuous Clearing auctions are powerful, but complicated and time consuming to setup.Tally simplifies the process with a powerful orchestration protocol, best-in-class tooling, and built in features like KYC. Use our [simulator](https://tally.xyz/sale-simulator) to test your sale before going live.


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