Legal & Regulatory Notes
📄 Legal & Regulatory Notes
SZNP is an open infrastructure project designed to enable decentralized data storage and computation across AI and DePIN ecosystems. The following legal statements outline the framework within which the project operates.
⚖️ Token Classification
$SZNP is a utility token, used to access storage bandwidth, incentivize node operations, and support protocol governance.
It does not represent ownership, equity, or entitlement to revenue or profits from the SZNP protocol or any associated legal entity.
The token is not intended as an investment product, and holders should not expect profits based solely on the efforts of others.
🏛️ Jurisdictional Considerations
SZNP does not conduct public token sales (e.g., ICOs or IDOs).
No part of the SZNP network or token distribution is available to residents of jurisdictions where such activities are prohibited by law.
It is the responsibility of users and participants to comply with applicable laws in their region before interacting with the protocol or acquiring tokens.
🔐 Data Responsibility & Usage
SZNP enables permissionless storage and retrieval of data, but it does not host, control, or moderate the content stored by users.
Users are solely responsible for ensuring their uploaded data complies with all intellectual property, privacy, and content laws.
The network implements optional compliance layers (e.g. DID-based permission controls) for regulated or enterprise-grade deployments.
🛡️ Protocol Risk Disclosure
Participation in decentralized networks inherently involves risks. By interacting with SZNP:
You acknowledge and accept risks associated with smart contracts, node failures, and token volatility.
You understand that the protocol operates without central authority or guaranteed uptime.
This document does not constitute legal advice or an offer to sell securities. Always consult your local legal or financial advisor before participating in blockchain protocols.
Last updated