Applies to authra.io and any materials linked from it that describe $ATRX or token-related mechanics.
Plain-English summary (non-binding)
$ATRX is a utility token used for access, coordination, and governance of protocol parameters.
No offer/sale on this Site. Authra does not offer or sell tokens on authra.io.
Not a promise of returns. $ATRX does not represent equity, debt, dividends, revenue share, or ownership.
Eligibility & restrictions apply. Access may be restricted by law, sanctions, or platform policies.
High risk. Tokens are volatile, experimental, and may lose all value.
Nature and intended utility of $ATRX
$ATRX is designed to support protocol operations and ecosystem coordination, including:
Access & prioritization: Consume $ATRX (or hold thresholds) for priority API quotas, datasets, or sponsored coverage zones.
Contribution rewards: Contributors (e.g., devices submitting valid PoP/QoE proofs) may receive $ATRX per program rules. Rewards are not guaranteed and may change.
Governance participation: Signal preferences on configurable parameters (weighting, slashing, reward curves). Governance is advisory/parameteric, not corporate control.
No rights created. Holding $ATRX does not grant equity, voting in any legal entity, profit rights, liquidation rights, or any claim on Authra’s assets.
Availability, eligibility, and restrictions
No public sale here. This Site does not conduct sales, swaps, or distributions.
Jurisdictional limits. Access to any future token interactions, rewards, or programs may exclude residents of jurisdictions where such activity is restricted or prohibited.
Sanctions compliance. Persons on sanctions lists or located in embargoed regions are not permitted to interact.
KYC/AML. Some programs (e.g., larger grants or enterprise integrations) may require identity verification.
Program participation & conduct
Anti-abuse. The protocol may implement Sybil resistance, reputation weights, rate limits, slashing/burns, or denial of rewards for suspected manipulation or low-quality submissions.
Program changes. Metrics, emission rates, and eligibility criteria may be modified, paused, or discontinued with or without notice to preserve network integrity.
No guarantee of listing or liquidity. References to third-party exchanges or markets are informational only, not endorsements.
Tax, accounting, and regulatory uncertainty
You are solely responsible for tax reporting and payment arising from receiving, holding, or using tokens. Regulatory treatment varies by jurisdiction and may change. Consult qualified advisors.
Technology and operational risks
$ATRX and related software are experimental. Risks include, without limitation:
Volatility and illiquidity
Security defects in smart contracts, clients, SDKs, or cryptographic primitives;
Consensus or parameter changes, forks, chain halts;
Oracle, network, or infrastructure failures;
Key loss or theft (self-custody risk).
Forward-looking statements
Statements about future features, distributions, or governance are forward-looking and subject to change. Do not rely on them to make financial decisions.
No investment, legal, or tax advice
Content on this Site is for information only and is not advice. Do your own research.
Changes to these disclosures
We may update these disclosures; the Effective date will change accordingly.
Contact
hello@authra.io; rohan@authra.io
Disclaimers & Distribution Notice
Private & Confidential
This document has been prepared solely for informational purposes and contains high-level, confidential information relating to the Authra project. It contains confidential and proprietary information relating to Authra. By receiving or reviewing this document—whether as an intended recipient or otherwise—you acknowledge and agree that an obligation of confidentiality is implicitly created. By accessing or reviewing this document, you are deemed to have been placed on notice of its confidential nature and agree to treat its contents accordingly. You agree not to reproduce, distribute, or disclose this document or its contents, in whole or in part, without the prior written consent of Authra. Certain implementation details and sensitive information have been intentionally withheld and will only be made available under a duly executed Non-Disclosure Agreement (NDA). Nothing in this document constitutes an offer of securities, investment solicitation, or a binding commitment of any kind.