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.