How EUPHENA Works
From registration to participation in 5 steps – EUT as utility token or participation rights in project companies.
Two Ways onto the Rail
Choose the path that suits you
EUT Utility Token
Utility token of the platform – KYC required, subscription from EUR 100
- 50% fee discount when paying or holding in EUT
- Planned: early access to new projects
- No share, no return, no voting rights
- ERC-20 on Polygon · seed EUR 0.065 per EUT, 365-day lock-up
Project Participation Rights
Participation in a project company
- One company per project (infrastructure, energy, real estate)
- Distributions per the project company's offering document
- Control with the public partner (golden share)
- Offering document and risk disclosures per project before subscription
How It Works
5 simple steps to your first participation
Create Account
Sign up for free in under 2 minutes – all you need is an email address.
- Enter email & password
- Confirm email
- Complete profile
Verification
Verify your identity to EU standards (KYC/AML) – approval is granted manually by the Euphena team.
- EUT: KYC required, manual approval
- Upload ID document
- Approval by the Euphena team
Discover Projects
Explore the projects on the marketplace – infrastructure, energy, real estate – and EUT as the utility token.
- Filter by category
- Review offering document & risks per project
- Review due diligence documents
Participate
Choose a project and an amount from EUR 500 – paying or holding in EUT gives you a 50% discount on the platform fee.
- Choose an amount from EUR 500
- Term per the project's offering document
- Fee discount with EUT
Manage Portfolio
Track your participations and receive distributions per the project company's offering document.
- Portfolio dashboard
- Distributions per the project company's offering document
- Documents and reports per project
Launch Roadmap
Euphena opens up step by step
EUT seed
EUR 0.065 per EUT · after registration · register interest now
First project companies
Participation rights from EUR 500 · with offering document
Token generation (TGE)
EUT on Polygon · then 365-day lock-up
More projects
Step by step · one company per project
Example projects
Projects with their own company – offering document per project
Frequently Asked Questions
Can I start right away?
Registration and KYC are possible at any time. You subscribe for EUT from EUR 100 in the seed round (payment in USDC at the ECB rate); until it opens you can register your interest. KYC also applies to project participation rights; participation from EUR 500 per project.
What is the difference between EUT and project participation rights?
EUT is the utility token of the platform: 50% off platform fees, planned early access to new projects – no share, no return, no voting rights. Participation rights are participations in a specific project company with distributions per offering document.
Are there lock-up periods?
EUT from the seed round is subject to a 365-day lock-up, after which the tokens are released linearly over 540 days. Terms of project participation rights are set out in the respective offering document.
When and how do I receive distributions?
Distributions from project participation rights follow the offering document of the respective project company; the schedule is on the project page. EUT itself does not distribute anything.
When can I participate in projects?
Project participations open step by step, each from EUR 500 per project. The EUT seed round runs independently (EUR 0.065 per EUT, cap EUR 500,000).