NOTE – Readers of this document: 

This draft is not the final Constitution that will be the foundational document of this DAO and this is a non-binding indicative Constitution, the final version will be in a different format aligned with the specific requirements of a Foundation (and any relevant applicable law, regulatory requirements or rules of the relevant regulatory authorities).  

The intention of this document is to lay out for our potential, existing and future members the intended structure, rules and regulations for this DAO.

Any action taken upon the information provided in this document is strictly at your own risk and the GST DAO will not be liable for any losses and damages in connection with the use of or reliance on information provided in this document.

This Constitution should not be relied on by any person for any purpose. This Constitution may not be used for and does not constitute an offer to sell, or a solicitation of any offer, or an invitation to subscribe for or purchase, or to make any commitments for or in respect of GST. Any such offer or invitation will only be extended to a person if the person has first satisfied the GST Operating Company that the making of that offer or invitation would not contravene any applicable laws or regulation. This Constitution has not been approved by any regulatory authority in any jurisdiction. This Constitution is not a prospectus (nor a similar disclosure document under any applicable law). It is not required to, and does not contain all the information which would be required in a prospectus. No offer to subscribe for GST shall be made until appropriate certificates / registrations under applicable laws have been issued by the relevant supervisory authorities. Any subscription for GST will be solely on the basis of any operative document such as, without limitation, constitutional documents of GST DAO Foundation or the Token Issuer, and not on the basis of this document. Nothing in this Constitution limits or qualifies the powers and discretions, or any other provision conferred by constituent documents of any GST Group Entity, in any way. Any person (natural or otherwise) who subsequently acquires GST must rely on the terms of and disclosures in the relevant final form documents, as required by applicable law or regulation, which will form the basis of any acquisition of GST.