Legal

The information on this page is provided for general informational purposes only and does not constitute legal, financial, tax, investment, or other professional advice. By reading this page, you acknowledge that you are solely responsible for your own assessment of the legal and regulatory risks associated with digital assets.

Token Classification

NUBIS is designed as a utility token. Utility tokens are digital assets that provide access to a product, service, feature or functionality within a particular ecosystem, and do not grant ownership rights, profit sharing, dividends, or other financial interests typical of securities. Utility tokens differ from security tokens, which are typically subject to securities laws in many jurisdictions because they represent an investment in an enterprise or entitlement to financial returns.

Utility tokens are generally not regulated as securities when they are issued and marketed on the basis of their utility and function, rather than on the expectation of profits derived from the efforts of others. However, token classification ultimately depends on the specific characteristics, use cases, and representations of the token, and may be interpreted differently across jurisdictions.

European Regulatory Framework: MiCA

In the European Union, the Markets in Crypto-Assets Regulation (MiCA) provides a legal framework for crypto assets, including tokens like NUBIS. MiCA aims to improve legal clarity, protect consumers, and support innovation in the crypto sector. It introduces disclosure and transparency requirements for certain categories of crypto assets and token issuers, and has been applicable across the EU since December 30, 2024.

Economic Context

NUBIS does not represent equity, shares, ownership in Nubis or any legal entity, and it does not entitle holders to profits, dividends, or revenue participation of any kind. The value of utility tokens can fluctuate based on market dynamics, user adoption, demand for network services, and other factors, and holders should not expect any guaranteed returns. The token is not marketed as an investment or financial instrument.

Fair Launch and Distribution

At launch, NUBIS tokens were distributed in a transparent manner consistent with our published tokenomics. There was no initial coin offering (ICO), presale, private sale, or structured venture capital allocation that would imply token issuance in exchange for capital commitments. This distribution approach is intended to support broad ecosystem participation and avoid securities-style fundraising signals.

Risks and Legal Compliance

Cryptocurrency tokens, including utility tokens, carry legal and regulatory risks. Laws and regulations governing digital assets vary by jurisdiction and evolve over time. We recommend that you consult your own legal, financial, and tax advisors before acquiring or using any token. Nothing on this site should be interpreted as a representation that NUBIS tokens are compliant with securities laws in any particular jurisdiction.

We do not provide legal, financial, or investment advice, and nothing in this text should be construed as such.