$LEAD Token — Legal Disclaimer

Last updated: April 2026 — Draft pending external legal review
This page describes the nature, purpose, and limitations of the $LEAD token issued by UmmahLeads. This disclaimer is provided for transparency and does not constitute legal, financial, tax, or religious advice. Token classification is ultimately determined by the regulator of each jurisdiction in which users are located.

1. Purpose of $LEAD

  • Paying for UmmahLeads subscriptions at a discount (utility).
  • Unlocking subscription tier booster access when held/staked (utility, no interest paid).
  • Claiming referral rewards under the Referral Programme (utility, capped).
  • Deflationary buyback & burn funded by 1% of platform fees (algorithmic, no promised appreciation).

2. What $LEAD is NOT

  • Not a security, equity, share, or debt instrument.
  • Not a share in UmmahLeads revenue, profit, or commissions.
  • Not a right of ownership over real estate, leads, or any off-chain asset.
  • Not a dividend-paying instrument.
  • Not a yield-bearing asset — no interest, staking APY, or passive income is paid.
  • Not an e-money token (EMT) under MiCA Regulation (EU) 2023/1114.
  • Not an asset-referenced token (ART) under MiCA.
  • Not a loan, deposit, or banking product.
  • Not a means of payment guaranteed or redeemable by UmmahLeads for fiat.
  • Not targeted at retail speculators — intended use is in-platform utility.

3. Jurisdictional notice

  • EU / EEA: $LEAD is designed as a utility crypto-asset. A MiCA whitepaper will be notified to the AMF (France) before any public offering within the meaning of Art. 4 of Regulation (EU) 2023/1114.
  • United States: $LEAD is NOT offered, sold, or distributed to US persons (Regulation S of the US Securities Act 1933). US residents must not acquire, hold, or use $LEAD.
  • United Kingdom: $LEAD is not a regulated financial instrument under FSMA 2000. Promotion to UK retail follows FCA CP23/27 on cryptoasset promotions.
  • GCC (UAE, KSA, Qatar, etc.): $LEAD is designed for commercial utility within UmmahLeads. Users must comply with local virtual-asset regulations (VARA, SAMA, etc.).
  • Other jurisdictions: users are solely responsible for verifying local legality before acquiring or using $LEAD.

4. Risks

  • Smart contract risk: experimental software, bugs possible despite audits.
  • Market risk: price may fluctuate and may fall to zero.
  • Liquidity risk: limited or no liquidity guaranteed.
  • Regulatory risk: crypto regulation evolves rapidly.
  • Key-management risk: users alone are responsible for their keys.
  • Counterparty risk: escrow/commission logic depends on correct smart contract execution.
  • Shariah compliance risk: individual circumstances may require a scholar consultation.

5. No financial advice, no guarantees

  • UmmahLeads does not provide investment, legal, tax, or religious advice.
  • No statement anywhere should be interpreted as a guarantee of future returns.
  • Past performance is not indicative of future results.

6. Commercial activity separation

  • Off-chain business (lead matching, commission booking, fiat subscriptions) operates under UmmahLeads SaaS terms, French law.
  • On-chain token mechanics are governed by the deployed smart contracts.
  • These two scopes are legally and functionally separated. A user may use the full platform without ever holding $LEAD.

7. Contact for legal inquiries

  • contact@quantumaiaa.com — please include "Legal: $LEAD" in the subject line.
⚠️ $LEAD is a utility token used exclusively within UmmahLeads for platform discounts and tier access. It is not a security, not an investment, and carries no yield or value appreciation promise. Smart contracts are experimental software — use at your own risk. Not financial, legal, tax or religious advice.
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