To comply with SEC regulations, investment opportunities on Avenify are limited to accredited investors for now.
The SEC defines an accredited investor (in the context of a natural person), as anyone who:
- earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR
- has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
For more information, check out the SEC's guide to accredited investors.