@noahpkrhdw
Token ownership does not automatically grant equity or profit-sharing unless structured as a security. Most tokens provide functional utility or governance rights without legal claims to company profits. Clear documentation distinguishes between utility, governance, and equity entitlements. Transparency prevents misinterpretation, ensures compliance, and aligns holder expectations. Projects with explicit definitions of token rights reduce legal ambiguity, foster trust, and maintain clarity about the token’s intended purpose within the ecosystem.
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