LEGAL AND REGULATORY ASPECTS

Sanistra operates within legal frameworks while preserving DeFi's permissionless nature. We've struck a balance that protects users without sacrificing innovation.

The Sanistra token functions purely as a utility within our ecosystem. Users need it to access predictions, participate in betting pools, and provide liquidity. This clear utility focus distinguishes it from securities under established legal tests. The token doesn't represent ownership stakes or profit rights – it powers specific platform functions.

Legal analysis confirms our token falls outside the Howey Test parameters that define securities. This matters tremendously for our team members operating across jurisdictions including the US, Canada, Japan, and Europe. We've done the legal homework that many projects skip, providing clarity that protects both our team and our users.

Privacy isn't optional in our system - it's fundamental. Users connect through web3 wallets without surrendering personal information. This approach honors decentralization principles while simplifying compliance with data protection regulations. We collect minimal data by design, not because we're cutting corners on security.

Our platform terms establish clear rights and responsibilities without the incomprehensible legalese typical of financial services. Dispute resolution mechanisms favor efficiency and fairness over protracted legal battles. Experienced counsel has vetted every agreement to ensure enforceability across relevant jurisdictions.