GEViTY DAO — Legal Framework
Clarity, trust, and compliance by design.
Content
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GEViTY DAO is structured under Swiss law.
All token-related activities are designed in accordance with the guidance and supervisory practice of FINMA, the Swiss Financial Market Supervisory Authority.
Switzerland does not require formal registration or approval of tokens.
Legal compliance is achieved through correct functional classification, transparent documentation, and usage-based design. -
The GEViTY DAO first Token - GVTY Token - is classified as a Utility Token under FINMA guidelines.
The GEViTY Token:
Grants access rights to defined services within the GEViTY ecosystem
Does not represent:
equity or ownership
debt or claims
profit participation
dividends
revenue or treasury share
Is not issued or marketed as an investment instrument
The sole economic purpose of the GEViTY Token is service access, participation, and ecosystem usage — not financial return.
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The GEViTY Token is not classified as:
a security or asset token
a payment token
electronic money
a collective investment scheme
Structural safeguards:
No promise or expectation of profit
No buy-back, yield, or appreciation mechanisms
No linkage to DAO treasury revenues
No speculative or investment-focused marketing language
The value of the GEViTY Token derives exclusively from consumable utility within the ecosystem.
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General Principle
GEViTY DAO applies KYC/AML only at the point of financial relevance, in line with Swiss AML practice and proportionality standards.
Application
No KYC required for:
acquiring the GEViTY Token
holding the token
using the token to access services
internal, non-monetary transfers within the platform
KYC required for:
resale involving fiat or cryptocurrency
conversion into monetary value
monetization events
data-related compensation (if applicable)
KYC is conducted via a FINMA-compatible third-party provider, using a tiered, risk-based approach.
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The GEViTY Token is not intended for free-market trading.
Secondary transfers are:
either restricted, or
technically and legally gated by KYC requirements
Any resale involving monetary consideration automatically triggers AML/KYC obligations.
This design prevents reclassification of the GEViTY Token as a payment or asset token.
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GEViTY DAO ensures:
clear and accessible Terms of Use
transparent service descriptions
explicit non-investment disclaimers
capped participation during the MVP phase
defined usage and access limitations
Users acquire the GEViTY Token as a prepaid digital service right, not as a financial asset.
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Where personal or health-related data is involved:
Explicit and informed user consent is required
Data ownership remains with the user
Data processing follows:
Swiss Federal Act on Data Protection (FADP)
GDPR (where applicable)
Any data monetization requires enhanced consent and KYC
Privacy and data sovereignty are core principles of the GEViTY ecosystem.
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Any governance features within GEViTY DAO:
are non-financial
do not grant ownership or profit rights
do not create partnership or shareholder relationships
Participation is advisory, participatory, or utility-based only.
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The GEViTY Token is designed as a pure utility token under Swiss law, granting access to defined services within the GEViTY ecosystem.
It does not constitute a security, payment instrument, or investment product.
KYC/AML procedures are applied exclusively at points of financial relevance in accordance with Swiss regulatory standards.