GEViTY DAO — Legal Framework

Clarity, trust, and compliance by design.

GVTY Token Overview

Content

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

Read GVTY Token Memorandum