📄 Sample Report - This is an example compliance scan for demonstration purposes
Project: DeFi Gaming Token • Scan Date: October 19, 2024
Overall assessment based on MiCA regulations
Your whitepaper lacks the mandatory risk disclosure required by MiCA Article 6. This must be prominently displayed and clearly state the risks of investing in crypto-assets.
📋 Recommendation: Add a dedicated "Risk Disclosure" section within the first 3 pages of your whitepaper with clear, non-technical language about investment risks.
Your token exhibits utility characteristics but lacks clear documentation on governance rights, potentially misclassifying it under MiCA Title III requirements.
📋 Recommendation: Clearly define token rights, governance mechanisms, and utility functions in your whitepaper. Consider legal review for proper classification.
MiCA Article 7 requires disclosure of environmental and climate-related impact of your consensus mechanism.
📋 Recommendation: Add section detailing your blockchain's energy consumption, carbon footprint, and any sustainability initiatives.
Team member information lacks sufficient detail about relevant experience and qualifications.
📋 Recommendation: Expand team section to include full names, professional backgrounds, and relevant crypto/compliance experience.
Classification
Utility Token (with governance features)
MiCA Authorization Required
Yes - Title III Requirements Apply
Estimated Compliance Cost
€15,000 - €25,000 (legal review + documentation updates)