Introduction
Last updated
Last updated
© G4AL ENTERTAINMENT, S.L. All rights reserved.
This whitepaper outlines the ambitious project of Games for a Living (GFAL) and the $GFAL token offering. It provides an in-depth look at the token sale structure and pricing, outlines the team behind the project, and details the roadmap. Additionally, the whitepaper examines the use of proceeds, the regulatory environment, a risk assessment, and the legal framework. All of this is provided to ensure investors have all the necessary information to make an informed decision before investing.
IMPORTANT: The products described in this document may be of very high risk, including the loss of the entire amount contributed. The tokens that may be acquired will not be guarded by legally authorized entities to provide investment services, and the ledger technology planned to be used (blockchain) is novel and may entail significant risks.
The $GFAL token has been officially classified as a utility token by the Comisión Nacional del Mercado de Valores (CNMV) in Spain. This designation by the CNMV confirms that $GFAL functions primarily to provide access to our platform's services and does not constitute a financial instrument.
This utility token whitepaper has not been approved by any competent authority in any Member State of the European Union. The offeror of the utility token is solely responsible for the content of this utility token white paper.
This utility token whitepaper complies with the requirements of Title II of REGULATION (EU) 2023/1114. To the best of the management body's knowledge and belief, the information presented in this white paper is fair, clear, and not misleading. Furthermore, this white paper does not contain any omissions that could affect its content.
The $GFAL utility token is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council. The $GFAL is not covered by the deposit guarantee schemes under Directive 2014/49/EU
This white paper contains information on the issuance of the $GFAL utility token and its features. In summary, the $GFAL is the unified currency that powers the GFAL gaming ecosystem. The $GFAL is a utility token that serves as the backbone of the GFAL gaming ecosystem. Players use $GFAL to purchase in-game items from the game developer itself or from other players. Developers utilize $GFAL to access essential development tools and pay for platform services. As a utility token, $GFAL’s primary function is to enable these activities within the GFAL platform, rather than serve as an investment vehicle. The full name is Games for a Living Token, and the symbol is $GFAL. The GFAL token has a maximum supply of 10,000,000,000. It is incorporated in the blockchain network of BNB Chain and has a standard ERC-20.
Any decision to purchase the $GFAL utility token should be based on the content of the GFAL White paper as a whole and not on this summary alone.
The offer to the public of the $GFAL does not constitute an offer or solicitation to purchase financial instruments and that any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.
This white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council (36) or any other offer document pursuant to Union or national law.
