ONTON and ONION are built with legal clarity, user safety, and jurisdictional compliance at the core — ensuring responsible participation and governance across all phases of the project.
🏛 Legal Entity: ONION Foundation (Finland)
- Registered in Finland under a non-profit structure
- Aligns with EU regulations and MiCA (Markets in Crypto-Assets) standards
- Responsible for:
- Executing DAO-approved actions
- Treasury management and reporting
- Legal oversight and compliance enforcement
The foundation will transition into a DAO-controlled multi-sig once community governance reaches maturity.
🌍 Jurisdictional Strategy
| Region | Status | Actions Taken |
|---|---|---|
| European Union | Primary jurisdiction | Legal opinion under MiCA; Finnish foundation |
| United States | Excluded from early sales | Geo-blocking and T&Cs enforcement |
| Other Regions | Compliant markets only | Jurisdictional screening and disclosures |
Participants from OFAC-sanctioned regions and the U.S. are not eligible for presale, airdrop, or staking.
📄 Terms & Conditions (T&Cs)
Applies to:
- Genesis ONION NFT minters
- Airdrop claimants
- Token sale participants
T&Cs include:
- Jurisdictional limitations
- Risks of token volatility
- No investment guarantees
- Claim, staking, and DAO participation rules
Final T&Cs will be published before the TGE on June 20.
🔐 Smart Contract Audits
| Component | Status |
|---|---|
| ONION Token (Jetton) | ✅ Scheduled May 2025 |
| Claim & Merge Logic | 🔄 Internal Review |
| Staking Contracts | ✅ Based on audited TONStakers base |
All final contracts will be:
- Open-sourced on GitHub
- Verified on TON network
- Linked in the Claim App UI
Legal compliance is not a checkbox — it’s an essential layer of trust that powers the ONTON × ONION ecosystem.