LEGAL AND COMPLIANCE DISCLOSURES
Ensuring regulatory compliance is fundamental to the credibility and long-term viability of SkyFleet Dash. The issuance and use of SFDT are designed with careful adherence to relevant legal frameworks, aligning with global standards and regional requirements to maintain operational integrity and user trust.
Token Classification
SFDT is classified as a utility token, intended strictly for functional use within the SkyFleet Dash ecosystem. It enables activities such as in-game purchases, participation in governance, and staking rewards. Importantly, SFDT does not grant ownership rights in the project or company, nor does it entitle holders to dividends or direct profit-sharing. As a result, SFDT is structured to avoid classification as a security under prevailing regulatory definitions in most jurisdictions. The token does not carry the expectation of profit derived solely from the efforts of others, which is a key distinction that aligns it with non-security utility token frameworks.
Jurisdiction and Regulatory Compliance
SkyFleet Dash is incorporated and operates in a blockchain-supportive jurisdiction that fosters innovation within the digital asset and GameFi sectors. This provides a legal foundation conducive to responsible growth and global participation. To ensure full regulatory alignment, the project requires all participants in the SFDT token sale to undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) verification processes. These include identity checks and, where necessary, residency screening, helping to prevent fraudulent activity and comply with international financial standards.
Data protection is equally prioritized. SkyFleet Dash adheres to relevant data privacy regulations, including the General Data Protection Regulation (GDPR) for users based in the European Union. Personal data is handled with care and transparency, with protocols in place to secure user information and respect privacy rights across jurisdictions.
Tax Compliance
Holders of SFDT should be aware that any income or capital gains arising from token-related activities—such as staking rewards, trading profits, or conversions—may be subject to taxation under their local laws. Tax obligations vary by country, and users are strongly encouraged to consult with a qualified tax professional to ensure proper compliance with local regulations. SkyFleet Dash does not provide tax advice and disclaims responsibility for individual tax liabilities arising from token usage.