VRT Disclaimer
Important information about the VeraTrace token — MiCA Compliant
⚠️ General Warning
This document is provided for informational purposes only. It does not constitute:
Regulatory Classification of VRT
- An e-money token (EMT) within the meaning of Article 3(1)(7) MiCA — it is not intended to maintain a stable value
- An asset-referenced token (ART) within the meaning of Article 3(1)(6) MiCA — it is not backed by assets
- A financial instrument within the meaning of Annex I, Section C of MiFID II
- A security, debt instrument, or equity instrument
- A unit or share in a collective investment undertaking
Risk Factors
The acquisition, holding, and use of VRT involve significant risks. You should carefully read the following risks before making any decision:
Risk of total loss
The value of VRT may fall to zero. You may lose all funds invested. Only invest what you can afford to lose entirely.
Liquidity risk
It may be difficult or impossible to sell your VRT at the desired price or within the desired timeframe. There is no guarantee that a secondary market will develop.
Volatility risk
The value of crypto-assets is extremely volatile. The price of VRT may fluctuate significantly up or down over short periods.
Regulatory risk
The regulatory environment for crypto-assets is evolving rapidly. Regulatory changes could negatively affect VRT or even prohibit its issuance or trading.
Project risk
The success of the VeraTrace project depends on many uncertain factors: adoption by producers, commercial partnerships, market conditions, competition, etc.
Technology risk
Smart contracts and blockchain may contain bugs or vulnerabilities despite audits. Technical failures could result in the loss of your tokens.
Cybersecurity risk
Hacking, cyberattacks, theft of private keys: holding crypto-assets involves specific cybersecurity risks.
Concentration risk
Concentration of tokens among a few holders could affect the governance and price of VRT.
Tax risk
The tax treatment of crypto-assets varies by jurisdiction and may change. Consult a tax advisor to understand your obligations.
No Promise of Return
VeraTrace makes NO promise of financial return, capital appreciation, or future performance of VRT.
Right of Withdrawal
In accordance with Article 22 of the MiCA Regulation, any acquirer of VRT tokens as part of a public offering has a period of 14 calendar days from the date of acceptance of the offer to exercise their right of withdrawal, without having to give reasons and without penalty.
Contact: [email protected]
Restricted Jurisdictions
- United States of America and its territories
- People's Republic of China (Mainland China)
- Hong Kong
- Singapore (except accredited investors)
- North Korea
- Iran
- Syria
- Cuba
- Crimea, Donetsk, and Luhansk
- Any country under OFAC, EU, or UN sanctions
Professional Advice Recommendation
Before any decision concerning VRT, we strongly recommend that you consult: