Legal & Compliance

Gitex operates at the intersection of cutting-edge AI technology and global blockchain networks. To ensure fiduciary responsibility, regulatory adherence, and user protection, Gitex’s legal and compliance framework addresses multiple domains including token classification, KYC/AML, intellectual property rights, data privacy, and cross-border regulatory requirements.

10.1 Token Classification and Regulatory Status Under current guidance in major jurisdictions (including the US, EU, UK, and UAE), the $GTX token is classified as a utility token rather than a security. Utility tokens grant access to product features and services on the Gitex platform, with no expectation of profit solely based on token appreciation. We engage reputable legal counsel to monitor evolving regulations across markets and ensure our token distributions, smart contract mechanics, and marketplace operations comply with applicable laws.

10.2 KYC/AML Procedures To prevent illicit activity, money laundering, and terrorist financing, Gitex implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) processes for token sale participants and high-value transactions. Third-party identity verification services validate user identities against sanctioned party lists and adverse media databases. Ongoing transaction monitoring flags suspicious patterns for review by our compliance team.

10.3 Data Protection & Privacy Compliance Gitex prioritizes user privacy and data security in full compliance with global privacy frameworks such as GDPR (EU), CCPA (California), PDPL (UAE), and other emerging data-protection laws. We collect only essential personal data (e.g., email, wallet address, KYC information) under explicit user consent. All personal data is encrypted at rest and in transit, with clear data retention and deletion policies. Users retain the right to access, rectify, and erase their data according to applicable regulations.

10.4 Intellectual Property & Licensing By using Gitex’s services, creators retain full ownership and intellectual property rights to all AI-generated assets they produce. Gitex’s Terms of Service explicitly disclaim any claim over user-generated content. For content minted as NFTs, the smart contract metadata outlines licensing terms—typically granting buyers an unrestricted license for personal and commercial use, subject to royalty obligations. Gitex maintains an open and transparent IP policy to eliminate ambiguity around content usage rights.

10.5 Jurisdictional Considerations & Dispute Resolution Gitex is incorporated in the UAE with a primary operational presence there, subject to UAE Free Zone laws and the Central Bank’s regulations on digital assets. Users enter into a binding agreement under UAE arbitration rules for dispute resolution. In cases where local regulations conflict with platform policies, Gitex reserves the right to geofence or tailor service availability to ensure compliance.

10.6 Risk Disclosure & User Warnings All participants must acknowledge inherent risks associated with blockchain and AI technologies, including smart contract vulnerabilities, market volatility, and algorithmic biases. Gitex provides clear disclaimers in its user interface and documentation, emphasizing that past performance does not guarantee future results and urging users to conduct independent due diligence.

Through this comprehensive legal and compliance framework, Gitex strives to build a secure, transparent, and trustworthy environment—empowering users to create, own, and monetize with confidence and peace of mind.