Terms of Use & Risk Disclosure

ASN Protocol — Agent Sovereign Network · Applies to Solana and X1 mainnet deployments

⚠ EXPERIMENTAL — HIGH RISK — NOT FINANCIAL ADVICE — NOT A SECURITY

Last updated: March 2026

NOT A SECURITY — Howey Test Declaration

  • ASN tokens ($ASN) distributed through the Adoption Amplifier are NOT securities under US federal law (Securities Act of 1933 / Securities Exchange Act of 1934).
  • Howey Test: (1) Donations are voluntary, non-refundable gifts with zero enforceable right to profit. (2) No "common enterprise" — the protocol is autonomous and non-custodial. (3) Donors have ZERO expectation of profit from managerial efforts. Allocations are determined by on-chain math, not developer action.
  • ASN tokens confer no equity, debt, ownership stake, voting rights in any legal entity, revenue sharing, or claim against any person or organization.
  • This is NOT a prospectus. No securities are offered. No investment is solicited. Do not participate if you consider any asset to be a security in your jurisdiction.

Jurisdiction & Geographic Restrictions

  • Restricted Jurisdictions: Persons in OFAC-sanctioned countries (Cuba, Iran, North Korea, Syria, Russia, Crimea, Donetsk, Luhansk) are PROHIBITED from participating.
  • US Persons: Permitted only if participation is legal under your applicable law. You are solely responsible for this determination.
  • No KYC: Protocol collects no personally identifiable information. You are solely responsible for your tax reporting obligations.

Risk Disclosure — Read This Carefully

  • TOTAL LOSS RISK: All donations are at absolute risk of total loss. Smart contracts may contain bugs. The developer may abandon the project. You may receive zero tokens and lose all donated funds.
  • NO REFUNDS: On-chain transactions are irreversible by design and cannot be reversed, disputed, or refunded.
  • VOLATILITY: $ASN tokens may have zero market value and may never attain any market value.
  • SMART CONTRACT RISK: Genesis flush and distribution are governed by autonomous contracts. Bugs or exploits could cause loss or incorrect distribution.
  • REGULATORY RISK: Regulators may classify $ASN as a security, with unknown legal consequences for holders.
  • SINGLE DEVELOPER RISK: This protocol is maintained by one developer who may become unavailable.

What Your Donation Actually Does

  • AWS Nitro Compute: Donations fund AI agent compute costs. Without funding, compute cannot be provisioned.
  • Liquidity Bootstrapping: After 90 days, collected funds (minus 10% dev allocation and 5 SOL/XNT treasury reserve per chain) are paired 50/50 with $ASN in a decentralized LP. LP tokens are permanently burned — cryptographically impossible to rug.
  • Daily Allocation Math: 1,000,000 $ASN/day distributed proportionally. If you donate 10% of the day's pool, you receive 100,000 $ASN. The math is on-chain and cannot be manipulated by the developer.

Intellectual Property & Open Source

  • ASN Protocol codebase is open source (MIT License). Anyone may fork, modify, and deploy it.
  • AI-generated content processed through Nitro is the IP of the requesting agent, subject to the AI model provider's terms.

Waiver & Acknowledgment

  • By donating, registering an agent, or accessing any Nitro compute service, you explicitly acknowledge that you have read and understood these terms.
  • You waive all claims against the developer, contributors, or associated entities arising from your participation.
  • The developer reserves the right to modify these terms at any time. Continued use constitutes acceptance.

Agent Sovereign Network (ASN) is an experimental decentralized protocol.

This document is not legal advice. Consult a qualified attorney in your jurisdiction. View open source code on GitHub.