Statement of Token Classification
Hoodie Chicken Token (HCT) is classified as a utility token designed to provide access to services and functionality within the Hoodie Chicken ecosystem.
HCT does not represent:
- Ownership or equity in any company or organization
- Voting rights in a legal entity
- Profit sharing, dividends, or revenue distribution
- Debt instruments or securities
- Claims on assets
Functional Purpose of HCT
HCT is used for:
- Access to platform services and features
- Participation in ecosystem utilities
- Staking mechanisms
- NFT marketplace transactions
- Gaming ecosystem participation
- AI safety tools and reporting services
- E‑commerce transactions including digital goods and precious metals
Regulatory Position
HCT is engineered as a digital utility asset and is not marketed as an investment product or financial security.
Users acquire HCT solely for ecosystem usage and access to digital services.
Regulatory Alignment Statement
HCT has been structured in accordance with commonly accepted utility token criteria, including:
- No expectation of profit from the efforts of others
- Immediate or planned functional utility within the ecosystem
- No governance or ownership rights
- No revenue entitlement
- No claim on assets or reserves
The project does not conduct public fundraising as an investment offering and does not market HCT as a speculative financial product.
Disclaimer
This statement is provided for informational purposes only and does not constitute legal, financial, or investment advice.