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How much does Syndicate charge for investment clubs?

Nothing. Syndicate doesn't charge anything for the Investment Club product
😄
. We care deeply about democratizing investing, and making our first product free ensures that investing is revolutionarily accessible.
It's not too good to be true ― it's a new paradigm:
  • In web2, users are accustomed to free products having a warped monetization scheme that misaligns products' and users' interests.
  • In web3, however, communities are seeking out positive-sum protocols, where products and users mutually benefit one another, and Syndicate is eager to play a key role in this new paradigm.
Thus, if we monetize non-Investment Club products in the future, it will be clearly stated in the product interface. Clarity and transparency are paramount to us, so please let us know how we can improve by reaching out to [email protected]

How much does creating an investment club on Ethereum cost?

Ethereum gas fees for creating an Investment Club vary, but we recommend having at least 0.05 ETH in your wallet. If you'd prefer a more detailed approximation, Syndicate will provide you with an estimate in the club creation flow, as demonstrated below:
If you'd like more details on gas fees in general, you can use Ethereum Gas Tracker on Etherscan: https://etherscan.io/gastracker.

If we decide to form a legal entity, how much will it cost?

It will depend on your jurisdiction and legal counsel. Please check with your legal and tax advisors to calculate costs for your specific circumstances.
However, if you choose to use our partner Doola to form a Delaware LLC, you may be asked to choose from the following plans:
Basic - $350 per year
  • U.S. entity formation (Delaware, Wyoming) EIN application
  • U.S. mailing address
  • Monthly registered agent
  • Free tax consultations
  • Customer support
Pro - $500 per year
  • Bank account
  • Expedited state and EIN filings
  • Annual state compliance filings
  • Everything in the Basic plan
Full Service - $2,000 per year
  • K-1 tax filings*
  • IRS tax filings*
  • Bank account (express setup)
  • Everything in the Pro plan
Note: There may be a one-time state filing fee of $100 required for all plans.
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How much does Syndicate charge for investment clubs?
How much does creating an investment club on Ethereum cost?
If we decide to form a legal entity, how much will it cost?