Fees

Equity Redemption Fees

Equity redemption fees are the costs associated with redeeming equity on the KoopzyIO platform. These fees vary depending on the method of redemption and the type of equity being redeemed. In this article, we will break down the different fees associated with redeeming equity on KoopzyIO.

Sweat equity refers to equity that is earned through contributing time, effort, or expertise to a project or company. The following are the fees associated with redeeming sweat equity on KoopzyIO:

Supporting equity refers to equity that is purchased or acquired through means other than contributing time, effort, or expertise.

Reimbursement Equity refers to equity awarded as reimbursement for money you spent on behalf of the company. This rewarded with a 20% additional equity award.

Redeeming equity on KoopzyIO may incur fees depending on the method of redemption and the type of equity being redeemed. It is important to consider these fees when deciding how to redeem your equity. If you have any further questions or concerns, please reach out to our customer support team for assistance.

Equity Redemption Fees

Cost to contributor for Sweat equity:

Zelle = 0
Check = $3
KoopzyIO platform redemption fee = 1%

Cost to contributor for Reimbursement equity:

Zelle = 0
Check = $3
KoopzyIO platform redemption fee = 1%
​
Cost to contributor for Supporting equity:
Zelle = 2.9% + $0.30 of original value of contribution
Check = $3 + 2.9% + $0.30 of original value of contribution
KoopzyIO platform redemption fee = 1%