Regulatory Compliance Overview

G6 Networks is fully committed to regulatory compliance, particularly with the European Union’s MiCA (Markets in Crypto-Assets) framework, as well as international Anti-Money Laundering (AML) and Know Your Customer (KYC) standards. To ensure MiCA compliance, G6 Networks has taken several key steps and submitted all relevant documentation to the National Bank of Hungary, the governing body overseeing MiCA adherence, as part of our proactive approach to regulatory alignment.

1. Token Classification: We have assessed our token and confirmed that it functions as a utility token by design. This classification reflects the token’s role in enabling access to specific services, features, and functions within the G6 ecosystem. Our intent is to establish a token that serves operational and participatory purposes, aligning naturally with MiCA’s utility token definition, rather than a financial or value-storing asset.

2. AML/KYC Compliance: Onfido is our trusted partner in performing KYC/AML checks, ensuring that all participants in the Fair Launch meet necessary identity verification standards. This partnership helps us maintain a secure, responsible ecosystem by verifying that only eligible, compliant individuals participate.

3. Legal Consultation: Dr. Balázs Czudar, our Chief Legal Officer and owner of Czudar Law Firm, along with his dedicated legal team, provides ongoing regulatory guidance and compliance oversight for G6 Networks.

4. Documentation: We developed clear Terms and Conditions and a Privacy Policy specifically for the Fair Launch. These documents outline participant responsibilities, tax and sanctions compliance, data privacy measures, and consumer protection standards.

5. Data Privacy & Sanctions Compliance: We adhered to GDPR standards for data privacy and ensured that our operations respect cross-border data transfer regulations, sanctions, and intellectual property laws to avoid regulatory pitfalls.

GSX Token Fair Launch: Participation and Ecosystem Access

The GSX Token Fair Launch is a unique participation event aimed at supporting the growth and development of the G6 Networks ecosystem. This Fair Launch is not an investment opportunity, product purchase, or service contract, and it does not imply any promise of profits or revenue. By participating, contributors exchange cryptocurrencies (USDT, USDC) for the GSX token on the Polygon chain, granting them access to GSX, our ecosystem currency, which can be used to engage/interact with our platform’s services and features.

This contribution does not confer any ownership interests, equity rights, or entitlement to future value, tradability, or liquidity of the GSX token. The GSX token is exclusively intended for use within our blockchain network, supporting our ecosystem’s service-based structure with no guarantee of returns or financial gains.

In addition to the functional aspects, our tokenomics model prioritizes usage and incentivizes contributions within G6 Networks rather than speculative trading. This utility-driven focus reassures participants and regulatory bodies that the token’s role is purely operational, supporting a secure, compliant, and dynamic ecosystem.

Token issuer

Bitbalansz Kft Address: 1132 Budapest, Váci út 16. Fsz. 12. ajtó Tax number: 32566949-2-14 Registration number: 14 09 320893 Contact: [e-mail]