Position statement by entities using the Be50 protocol for activity traceability purposes

Preamble

The purpose of this statement is to clarify the nature of the relationship between:

  • the technical protocol known as "Be50,"
  • and economic entities that choose to use them in the course of their activities.

The Be50 protocol is a technical mechanism for tracking actual activity flows via a non-financial digital token.

It is not an organization, a company, or a legal entity with legal personality.

Article 1 — Nature of the Protocol

The Be50 protocol is a decentralized traceability tool that enables the recording of movements corresponding to real economic activities.

It does not confer:

  • no financial rights,
  • no ownership rights,
  • no governance rights,
  • no rights over user entities,

no rights over their customers.

Article 2 — Independence of User Entities

Any entity using the Be50 protocol acts:

  • with complete legal autonomy,
  • under his own responsibility,
  • as part of his independent activity.

The use of the protocol does not create:

  • no relationship of subordination,
  • no franchise relationship,
  • no representation,
  • no institutional affiliation.

The entities do not constitute an integrated network.

Article 3 — Purpose of Use

Entities use the protocol exclusively:

  • to track actual activity movements,
  • to promote transparency,
  • to encourage non-financial recognition mechanisms.

The protocol is not intended to:

  • constitute an investment instrument,
  • serve as a speculative vehicle,

enable the pursuit of financial returns.

Article 4 — Absence of Financial Reclassification

The use of the Be50 protocol:

  • does not constitute a public offering of financial tokens,
  • does not constitute a financial instrument,
  • does not constitute a security,
  • is not an investment product.

The Be50 token is a technical instrument for recording activity and is not an asset.

Article 5 — Non-Representation of the Protocol

No entity using the protocol:

  • cannot present themselves as representing the protocol,
  • cannot claim to act on behalf of the protocol,
  • cannot claim any official status related to protocol,

cannot hold any founder or developer liable.

Article 6 — Compliance with the Founding Charter

Entities report using the protocol in accordance with:

  • the principles of neutrality,
  • the absence of financial purpose,
  • the logic of real activity traceability,

the gradual decentralization provided for in the Charter.