GVTY Utility Token Memorandum
Public Disclosure Document
Content
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This Token Memorandum describes the legal, functional, and regulatory characteristics of the GVTY Utility Tokenissued within the GEViTY ecosystem.
It is provided for transparency and user information and does not constitute an offer of securities, investment advice, or a financial prospectus.
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The GVTY Token is issued by:
GEViTY DAO Foundation (in formation)
A Swiss foundation under establishment.During the establishment phase, Virtue Solutions acts as the operational and administrative service provider on behalf of the foundation.
Upon formal registration, all rights and obligations relating to the GVTY Token automatically transfer to the registered foundation.
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The GVTY Token is governed by Swiss law.
Token-related activities are designed in accordance with the guidance and supervisory practice of FINMA.
Switzerland does not require formal registration or approval of utility tokens.
Compliance is achieved through correct functional classification, usage-based design, and transparent disclosure. -
The GVTY Token is classified as a Utility Token under Swiss regulatory practice.
The GVTY Token:
grants access to defined services within the GEViTY ecosystem
functions as a prepaid digital service credit
is designed for usage and participation
The GVTY Token does not represent:
equity or ownership
debt or claims
profit participation
dividends
revenue or treasury share
The token is not issued or marketed as an investment instrument.
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The GVTY Token is not:
a security or asset token
a payment token
electronic money
a collective investment scheme
Structural safeguards:
no promise or expectation of profit
no yield, buy-back, or appreciation mechanisms
no linkage to treasury revenues
no speculative or investment-focused marketing
The token’s value derives exclusively from consumable utility.
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GVTY Tokens may be used to access defined services within the GEViTY ecosystem, including but not limited to:
programs and educational content
events, retreats, and experiences
digital platform features
ecosystem tools and services
Each service specifies the number of GVTY Tokens required for access.
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Token supply is defined and limited in accordance with service capacity and ecosystem design
Pricing is fixed and transparent
No dynamic pricing or speculative mechanisms are applied
Tokens are sold as service access, not as financial assets
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The GVTY Token is not intended for free-market trading.
During the MVP phase, resale may be restricted or disabled
Internal, non-monetary transfers may be permitted
Any resale involving fiat or cryptocurrency triggers AML/KYC obligations
This structure prevents reclassification as a payment or asset token.
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General Principle
KYC/AML procedures apply only at the point of financial relevance, in line with Swiss AML standards.
No KYC required for:
purchasing the GVTY Token
holding the token
using the token for services
internal, non-monetary transfers
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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GEViTY ensures:
clear Terms of Use
transparent service descriptions
explicit non-investment disclaimers
capped participation during MVP phase
defined usage limitations
Users acquire GVTY Tokens as prepaid digital service rights, not as financial instruments.
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Where personal or health-related data is involved:
explicit user consent is required
data ownership remains with the user
processing follows Swiss FADP and GDPR (where applicable)
data monetization requires enhanced consent and KYC
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Any governance-related participation:
is non-financial
does not grant ownership or profit rights
does not create partnership or shareholder relationships
Participation is advisory or utility-based only.
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The GVTY Token is a 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 apply exclusively at points of financial relevance, in accordance with Swiss regulatory standards.