Legal Disclaimer
SEC Compliance & Token Governance Disclosure
Important Notice
Please read this disclaimer carefully before participating in any AeThex Foundation governance activities or acquiring AETHEX tokens. This document explains the legal nature of our tokens and your rights and responsibilities.
Token Classification
The AETHEX token is a governance utility token, not a security, investment contract, or financial instrument. It exists solely to enable community participation in Foundation governance decisions.
Not a Security or Investment
THE AETHEX TOKEN IS NOT AN INVESTMENT.
- AETHEX tokens do not represent equity, ownership, shares, or any claim to profits, revenue, or assets of the AeThex Foundation or any affiliated entity.
- Holding AETHEX tokens does not entitle you to dividends, interest, capital gains, or any form of financial return.
- The value of AETHEX tokens may fluctuate or become zero. Any perceived value is incidental to its governance utility.
- We make no promises, representations, or guarantees regarding the future value of AETHEX tokens.
No Expectation of Profit
Participants should have no expectation of profit from holding AETHEX tokens. The tokens are designed for governance participation only:
- Voting on Foundation proposals and initiatives
- Participating in community governance decisions
- Contributing to the direction of Foundation programs
- Delegating voting power to trusted community members
Tokens Are Earned, Not Purchased
AETHEX tokens cannot be purchased. They are exclusively earned through:
- Active mentorship contributions to Foundation programs
- Completing educational milestones and certifications
- Contributing labor, skills, or resources to Foundation projects
- Long-term community participation and engagement
- Fulfilling specific roles within the Foundation ecosystem
The separation between cash donations and token distribution ensures compliance with securities regulations. Donations to our 501(c)(3) nonprofit are tax-deductible charitable gifts with no token consideration.
Governance Utility Only
AETHEX tokens exist solely to facilitate decentralized governance of Foundation programs. Token holders may:
- Create and vote on governance proposals
- Participate in budget allocation decisions
- Vote on program priorities and initiatives
- Delegate governance power to other community members
Governance participation does not confer any financial benefit, ownership stake, or claim to Foundation assets.
Limitation of Liability
To the maximum extent permitted by applicable law:
- The AeThex Foundation, its directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from token acquisition, holding, or governance participation.
- We are not responsible for any loss of tokens due to wallet errors, smart contract bugs, blockchain failures, or user error.
- Participants assume all risks associated with blockchain technology and decentralized governance.
Regulatory Compliance
The AeThex Foundation strives to comply with all applicable laws and regulations. Token distribution and governance mechanisms are designed to avoid classification as securities under the Howey Test and similar regulatory frameworks.
Participants are responsible for understanding and complying with all laws applicable in their jurisdiction regarding token acquisition and governance participation.
Governing Law & Jurisdiction
This disclaimer and all matters arising from AETHEX token governance shall be governed by and construed in accordance with the laws of the State of Arizona, United States, without regard to conflict of law principles.
Any disputes shall be resolved exclusively in the state or federal courts located in Maricopa County, Arizona.
Amendments
The AeThex Foundation reserves the right to modify this disclaimer at any time. Continued participation in governance activities constitutes acceptance of any modifications. Material changes will be communicated through official Foundation channels.
Contact Information
For questions regarding this disclaimer or token governance:
Email: legal@aethex.org
Organization: AeThex Foundation, Inc.
Status: 501(c)(3) Public Charity