Legal Tips
While we can't provide legal advice, here are some important considerations to keep in mind when launching and managing your project on Believe:
No Equity Representation
Your coin must never represent equity in your company. Do not imply or promise ownership of any kind.
No Financial Return Promises
Do not promise or imply financial returns. Coins should not be marketed as investments.
No Income or Yield Offerings
Do not offer income or yield to holders. This includes profit-sharing, dividends, or similar mechanisms.
Think of Coins as Digital Merchandise
Your coin should function like digital merchandise. Think of it as a way for supporters to back your project — not a security.
Insider Trading Laws Apply
Standard insider trading laws still apply. Sharing non-public information for personal or others' trading gain is illegal.
Transparency is Key
Be transparent about your project, its goals, and your own credentials. Misrepresentation can lead to legal issues.
When in doubt about any legal aspects of your project, it's always best to consult with a qualified legal professional who specializes in digital assets and securities law.