Regulatory Developments – How Publicly Communicated Regulations Impact Our Projects

At Trabajo24™, ensuring trust, security, and compliance is our top priority. As we continue to develop the T24 token ecosystem, we are committed to adhering to regulatory frameworks and best practices, particularly within Swiss financial regulations.

FINMA Guidelines and Our Approach to Compliance

Switzerland, home to the globally recognized “Crypto Valley”, has established one of the most structured regulatory frameworks for blockchain and tokenized assets. We have actively engaged in three direct short communications with FINMA regarding the classification guidelines of our token and have received proposals from leading Swiss and international law firms specializing in crypto regulations. Our goal is to ensure that T24 remains compliant and serves its purpose effectively without unintended legal complications.

For reference, key FINMA regulatory documents include:

• ICO Guidelines: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/
• Token Classification: https://www.finma.ch/en/news/2021/09/20210910-mm-tokenisierung/
• Swiss Financial Services Act (FinSA): https://www.finma.ch/en/finma-public/authorisation/

Declaring T24 as a Payment Token and Why It Matters

We declare T24 as a payment token based on its functionality and structure. This does not mean that FINMA has classified it as such, but rather that we, as the issuing entity, are ensuring that T24 remains within the payment token category according to current Swiss regulatory definitions.

Our reasoning:

• T24 is used for transactions within the Trabajo24™ ecosystem.
• It serves as a reward mechanism for escrow validation and time tracker usage.
• It does not provide dividends, profit-sharing, or staking rewards that classify it as a security.

However, we remain open to future governance-driven developments. If the community votes to introduce new features, we will reassess our regulatory framework and compliance requirements accordingly.

Why We Are Transitioning to a Whitelist-Only Presale

Our Approach to compliance is the foundation of Trabajo24™. Since the start of our presale, every single buyer has undergone KYC verification. This ensures that our early investors align with anti-money laundering (AML) standards and comply with Swiss and international regulations.

To maintain this high level of transparency and regulatory integrity, we are closing the presale to a whitelist-only format. The reasons include:

• Strict compliance: Every participant must be KYC-verified.
• Preventing financial misconduct: We minimize the risk of fraud and illicit activity by ensuring all participants meet regulatory standards.
• Reinforcing trust: As we build a trust-based funding platform, compliance remains our top priority.

This move ensures that Trabajo24™ remains a credible and legally sound project while aligning with Swiss regulatory expectations.

Governance and Future Compliance Considerations

As we continue to develop the T24 token, community governance will play a crucial role in its evolution. However, any governance proposal that impacts the regulatory classification of the token will require legal assessment before implementation.

• Voting will be conducted on trabajo24.io.
• Users must temporarily stake tokens to participate in votes, ensuring active holders have decision-making power.
• Attempts to manipulate governance (e.g., proxy voting) will be penalized.

No Dividends, No Reflections, No Staking Rewards

To avoid classification as a security, we have explicitly removed any form of dividends or passive income mechanisms. This includes:

• No dividend payments from escrow transactions.
• No reflection-based rewards, which could classify the token as a security.
• No staking with financial returns, unless governance later votes for changes and a regulatory reassessment is conducted.

If the community proposes new financial mechanisms, Trabajo24™ will first secure a regulatory review before implementation.

Final Thoughts

Trabajo24™ is committed to full transparency and compliance in all aspects of our T24 token and platform development. By declaring T24 as a payment token and ensuring a whitelist-only presale, we maintain a trusted, legally sound environment for all participants.

As we move forward, we will continue working closely with legal experts, Swiss regulatory authorities, and our growing community to ensure that Trabajo24™ thrives in full alignment with global financial regulations. This is our approach to compliance.