DOJO MiCA White Paper

Index

General information Page 3
Part A - Information about offeror or person seeking admission to trading Page 4
Part B - Information about issuer, if different from offeror or person seeking admission to trading Page 5
Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 Page 6
Part D - Information about other token project Page 7
Part E - Information about offer to public of other tokens or their admission to trading Page 8
Part F - Information about other tokens Page 9
Part G - Information on rights and obligations attached to other tokens Page 10
Part H – Information on underlying technology Page 11
Part I - Information on risks Page 12
Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts Page 13
DOJO MiCA White Paper

General information

N Field Content
00 Table of contents I. Compliance with duties of information
II. Summary
Part A: Information about the offeror or the person seeking admission to trading
Part B: Information about the issuer, if different from the offeror or person seeking admission to trading
Part C: Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
Part D: Information about the crypto-asset project
Part E: Information about the offer to the public of crypto-assets or their admission to trading
Part F: Information about the crypto-assets
Part G: Information on the rights and obligations attached to the crypto-assets
Part H: Information on the underlying technology
Part I: Information on the risks
Part J: Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
01 Date of notification 2025-12-23
02 Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114 This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union.
The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper.
03 Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114 This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.
04 Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114 The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid.
05 Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114 FALSE
06 Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114 The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.
07 Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114 Warning
This summary should be read as an introduction to the crypto-asset white paper. The prospective holder should base any decision to purchase this crypto-asset on the content of the crypto-asset white paper as a whole and not on the summary alone. The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other documents pursuant to the applicable national law.
08 Characteristics of the crypto-asset $DOJO is the official Fan Token of the Ninjas in Pyjamas (NIP) esports brand. It is a utility-centric community token created to enable NIP fans to engage with the organization on-chain. The $DOJO Token will be used directly within the NIP's native fan loyalty and engagement platform, The Dojo Platform to shape various user experiences including tiering up loyalty tiers, accessing exclusive content and exclusive selected NIP merchandise and experiences. $DOJO tokens may also have additional utility on the Socios.com fan engagement and rewards platform subject to NIP’s discretion. These utilities may include fan voting options, and a lock-for-rewards mechanism, which allows users to temporarily lock $DOJO tokens in exchange for potential NIP rewards or prizes. However, these features are not guaranteed and remain solely at NIP’s discretion.

Notwithstanding the aforementioned, for the avoidance of doubt, it is clarified that the $DOJO token does not strictly qualify as a utility token under Article 3 of the Regulation (EU) 2023/1114,
as the associated utilities are not provided directly by the issuer and is therefore qualified as one ‘other cryptoasset’.
All funds collected from the sale of $DOJO Tokens will be classified as revenue and shared between NIP and the Offeror, i.e. a Swiss based company Socios Technologies AG (“STAG”). A portion of the proceeds will be used to fund utility provisioning for the $DOJO Token, including the acquisition of ticketing, merchandise and experiential prizes offered as rewards to token holders.

The $DOJO exemplifies a transparent and regulated approach to Fan Token issuance, ensuring that purchasers are informed, protected, and treated fairly under applicable European Union (hereinafter referred to as the "EU") legislation, especially Regulation (EU) 2023/1114 (“MiCA”), which grants prospective purchasers with the following guarantees, among others:

Rights and Obligations of the Purchaser:
  • Purchasers are entitled to a transparent and truthful white paper (i.e. this document), focusing on accurate disclosure of risks and other relevant details.
  • EEAbased retail purchasers also benefit from the right to a withdrawal period during the public offer, which they can use to claim a refund of their contributions if they become unsure of their purchase.
  • It is made clear that any rights of the purchasers (particularly the right of withdrawal) as defined under the Regulation (EU) 2023/1114 and described in this white paper apply only to EEAbased retail purchasers.
    1. Exercise of Rights:
    1. Pending the $DOJO Token Offering (“Offering”) period, EEA-based retail purchasers may claim back their Chiliz tokens (“$CHZ”) from Socios Services Baltics, UAB, (“SSB”) a Lithuanian-based company authorized by the FIAU in Lithuania to provide custody services acting in its capacity solely as custodian on behalf of the Offeror as required under Article 10(3) point (b) of the Regulation (EU) 2023/1114, if such users decide to cancel their purchase order of the $DOJO Tokens during the subscription period.
    1. To facilitate this, they can easily initiate the cancellation process through their transaction history within their Socios.com digital wallet (“Socios.com Wallet”). A "Cancel" button will be available next to the relevant transaction entry. Upon selecting this option, a $DOJO purchaser will be prompted to confirm their cancellation request. Once confirmed, a new transaction entry will appear in the user’s transaction history, confirming the request is being processed. Once confirmed, the refund process will be initiated immediately. The corresponding amount of $CHZ will be returned to the participant’s Socios.com Wallet, with the refund being processed as soon as the blockchain network completes the necessary transactions. The exact timing of the refund will depend on network conditions, but the process is designed to ensure the fastest possible settlement.
    1. In the event of public offer cancellation, all participants are entitled to a full refund. The refunds will be initiated by the custodian engaged by the offeror, i.e. SSB, directly to the users’ Socios.com Wallets.
    1. Modification of Rights and Obligations:
  • Rights and obligations of $DOJO purchasers are fixed and cannot be modified arbitrarily. Any changes would need to align with MiCA’s requirements and be clearly disclosed in the subsequently updated white paper and related documentation.
  • Due to the limited duration of the public offer, no modifications to the outlined rights or obligations are expected during the subscription period.
09 Further information about utility tokens This field does not apply, as 05 is False.
10 Key information about the offer to the public or admission to trading The $DOJO public offer is structured as a “fair-launch Fan Token Offering” with no pre-sale and equal access for all participants. The offer targets retail investors, with the following key details:

Total offer amount= 75,000 $DOJO tokens offered to the public x amount of $CHZ equivalent to 1 USD per $DOJO token= Amount of $CHZ equivalent to USD 75,000.

Total number of $DOJO tokens to be offered to the public = 75,000 $DOJO tokens

Subscription period = (i) 24.06.2025 at 14:00 CEST to 24.06.2025 at 23.59 CEST or(ii) until the total number of $DOJO offered to the public are effectively sold, whichever occurs first.

Minimum and maximum subscription amount: Does not apply.

Issue price = Amount of USD1 worth of $CHZ per $DOJO Token

Subscription fees (if any): Does not apply.

Target holders of tokens: Retail Investors (NIP Fans and Chiliz ecosystem community members)

Description of offer phases: 3 Waves:
  • Wave 1: 100 $DOJO Token Cap per individual purchaser. Duration: 2 hours.
  • Wave 2: 300 $DOJO Token Cap per individual purchaser. Duration: 2 hours.
  • Wave 3: Uncapped number of $DOJO Tokens. Duration: 6 hours.
    1. CASP responsible for placing the token (if any): Does not apply.
    1. Form of placement: Does not apply.
    1. Admission to trading: The Offeror is not seeking admission to trading of the $DOJO Token.
DOJO MiCA White Paper

Part A - Information about offeror or person seeking admission to trading

N Field Content
A.1 Name Socios Technologies AG
A.2 Legal form N/A as LEI is provided in A.6
A.3 Registered address N/A as LEI is provided in A.6
A.4 Head office N/A as LEI is provided in A.6
A.5 Registration date 2021-01-21
A.6 Legal entity identifier 984500B6F8407AE38911
A.7 Another identifier required pursuant to applicable national law N/A as LEI is provided in A.6
A.8 Contact telephone number +35620607777
A.9 E-mail address [email protected]
A.10 Response time (Days) 090
A.11 Parent company N/A as LEI is provided in A.6
A.12 Members of the management body
Identity Business Address Functions
Alexandre Dreyfus Gubelstrasse 11, 6300 CH-ZG, CH Director
Markus Spillmann Gubelstrasse 11, 6300 CH-ZG, CH Director
A.13 Business activity The Socios.com Platform, operated by an Affiliate of the Socios Technologies AG, is a utility-centric platform offering a range of utilities and features in relation to Fan Tokens. By creating an account on the Platform and participating in the features it offers, users can earn off-chain reward points that can be redeemed for diverse rewards and in-real-life experiences, such as match tickets and exclusive partner team experiences. In addition, the Platform integrates the Socios.com Wallet, a non-custodial wallet infrastructure that allows users to remain in control of the crypto-assets they hold on the Chiliz Chain.

The vision is to support the continued growth of Fan Tokens into a world-recognised digital asset class by delivering a range of Fan Token services and features tailored to the global Web3 sports community.

The primary audience comprises individuals aged 18 and above, with intersecting interests in cryptocurrency, Web3 technologies, and sports. The Group’s target markets include the European Economic Area (EEA). Italy and Spain are currently our principal markets in Europe due to the partnership inroads we've made in the respective sports leagues and the growing interest in crypto assets. Beyond the EU, our global platform aims to cater to fans worldwide, adhering to local regulatory standards. Brazil is particularly significant in our strategic plan. The country's deep football culture and the proactive stance of local authorities and regulators toward blockchain technologies make it an ideal target market.
A.14 Parent company business activity Mediarex Enterprises Limited serves as the holding company and owner of all intellectual property within the group. Established in 2006, Mediarex Group is a global sports and entertainment organization, with subsidiaries that include the brands “Chiliz” and “Socios.com”.
A.15 Newly established FALSE
A.16 Financial condition for the past three years Years Financial Performance and Strategic Progress
Over the past three years, the company has demonstrated a clear trajectory toward financial stability, driven by disciplined cost management, strategic growth initiatives, and operational improvements. Following a highly profitable year in 2021, the company faced a net loss in 2022 due to challenging market conditions, rising operating expenses, and significant investments in scaling its business. However, in 2023, decisive measures to enhance efficiency, optimize expenditures, and strengthen revenue streams led to a substantial reduction in losses.

By 2024, these efforts had significantly improved financial performance, with key metrics reflecting a strong upward trend:
  • Revenue Growth: Revenue increased by more than 70% from 2023 to 2024, signaling renewed momentum in the company’s core business—Fan Token sales—supported by a recovering crypto market.
  • Profitability: Despite incurring losses in 2023, the company’s profitability improved by over 60% in 2024 due to rising revenue and enhanced financial efficiency.
    1. As of 2024, the company is actively working toward break-even, leveraging sustained revenue growth, improved margins, and a more resilient business model. Financial and operational performance indicators point to steady progress, underpinned by stable cash flows and a well-structured capital strategy. The company has demonstrated strong financial improvements in 2024, marked by higher revenue, reduced losses, improved cash flow, and stronger margins.
    1. Future Outlook
    1. Looking ahead, the company remains committed to further strengthening its revenue and profitability, capitalizing on the improving crypto market and increasing demand for Fan Tokens. A continued focus on cost management and revenue expansion will enhance financial stability. Additionally, the company is undertaking a strategic review to eliminate unnecessary expenses, thereby improving long-term profitability. With a solid foundation in place, it is well-positioned for continued financial growth and sustainable profitability.
    1. Key Performance Indicators (KPIs)
    1. The company’s key KPIs reflect its core business priorities:
  • Fan Token Sales: The company’s primary business, Fan Token sales, has shown strong performance over the past year. Despite volatility in the crypto market, it has successfully maintained substantial sales volumes. With a market rebound, management expects further improvement in this KPI.
  • Expansion of Fan Token Offerings: The company actively seeks new partnerships to expand its portfolio of Fan Tokens and plans to launch new tokens in 2025.
  • Enhanced Fan Token Utility: Management is focused on increasing the utility of Fan Tokens, both through the company’s own platform and thirdparty collaborations. Providing greater utility encourages longterm holding and enhances token value.
    1. Capital Resources
    1. The company’s capital resources are primarily derived from Fan Token sales, ensuring a sustainable funding model aligned with business growth.
    1. Non-Financial Factors
    1. Beyond financial metrics, the company’s success is underpinned by its reliance on highly skilled personnel and efficient resource allocation, reinforcing the strength of its operational model.
A.17 Financial condition since registration This field does not apply, as A.15 is False.
DOJO MiCA White Paper

Part B - Information about issuer, if different from offeror or person seeking admission to trading

N Field Content
B.1 Issuer different from offerror or person seeking admission to trading FALSE
B.2 Name N/A
B.3 Legal form N/A
B.4 Registered address N/A
B.5 Head office N/A
B.6 Registration date N/A
B.7 Legal entity identifier N/A
B.8 Another identifier required pursuant to applicable national law N/A
B.9 Parent company N/A
B.10 Members of the management body N/A
B.11 Business activity N/A
B.12 Parent company business activity N/A
DOJO MiCA White Paper

Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114

N Field Content
C.1 Name N/A
C.2 Legal form N/A
C.3 Registered address N/A
C.4 Head office N/A
C.5 Registration date N/A
C.6 Legal entity identifier N/A
C.7 Another identifier required pursuant to applicable national law N/A
C.8 Parent company N/A
C.9 Reason for crypto-asset white paper Preparation N/A
C.10 Members of the management body N/A
C.11 Operator business activity N/A
C.12 Parent company business activity N/A
C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 N/A
C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 N/A
DOJO MiCA White Paper

Part D - Information about other token project

N Field Content
D.1 Crypto-asset project name $DOJO Token
D.2 Crypto-asset name DOJO
D.3 Abbreviation $DOJO
D.4 Crypto-asset project description $DOJO is the official Fan Token of the Ninjas in Pyjamas (NIP) esports brand. This is a utility-centric community token created to enable NIP fans to engage with the organization on-chain.
The $DOJO Token will be used directly within the NIP's native fan loyalty and engagement platform - The NIP Dojo - to shape various user experiences including tiering up loyalty tiers, accessing exclusive content and exclusive selected NIP merchandise and experiences.

The token may also have additional utility on the Socios.com fan engagement and rewards platform subject to NIP’s discretion. These utilities may include fan voting options, and a lock-for-rewards mechanism, which allows users to temporarily lock $DOJO tokens in exchange for potential NIP rewards or prizes. However, these features are not guaranteed and remain solely at NIP’s discretion.

The project's mission is to drive fan engagement while upholding the trust and accountability required by the evolving regulatory landscape.
D.5 Details of all natural or legal persons involved in implementation of crypto-asset project
Name of person Type of person Business address Domicile
Socios Services Baltics; UAB
Crypto-asset service provider
Vilnius, Gedimino pr. 20, LT-01103
Lithuania
Socios Technologies AG
Advisor
Gubelstrasse 11, 6300 CH-ZG
Switzerland
Socios Technologies AG
Other person involved
Gubelstrasse 11, 6300 CH-ZG
Switzerland
NIPG FZ LLC
Development Team
Community Hub, Yas Creative Hub, Building C40, Yas Island, Abu Dhabi, AE
United Arab Emirates
NIPG FZ LLC
Other person involved
Community Hub, Yas Creative Hub, Building C40, Yas Island, Abu Dhabi, AE
United Arab Emirates
D.6 Utility Token Classification FALSE
D.7 Key Features of Goods/Services for Utility Token Projects N/A
D.8 Plans for the token Past milestones
January–May 2025: Preparation of all MiCA-compliant legal materials and completion of blockchain and token-related technical components.
May–June 2025: Execution of pre-marketing activities targeting retail users and setup of community and marketing channels.
June 2025: Initiation and conclusion of the public offer, followed by the launch and distribution of the $DOJO Token.
June 2025 (post-Offering): Availability of liquidity for $DOJO on Kayen.org and allocation of proceeds between NIP and STAG, with part dedicated to utilities on the DOJO platform; STAG assumes management of the non-circulating supply.
D.8 Plans for the token Future milestones
Potential initial listings on centralized exchanges to broaden market access and strengthen the long-term reach of the $DOJO Token.
D.9 Resource allocation The resources allocated to the $DOJO project primarily consist of non-financial contributions, including the extensive man-hours and expertise provided by the development team of the issuer/offeror.
Additionally, marketing efforts of Socios Technologies AG and NIPG FZ LLC in relation to the Offering will be deployed to drive awareness, foster community engagement, and ensure the successful adoption of the token.
D.10 Planned use of Collected funds or crypto-Assets All funds collected from the sale of $DOJO Tokens will be classified as revenue shared between NIP and STAG. A portion of the proceeds will be used to fund utility provisioning for the $DOJO Token on The DOJO platform, including the acquisition of ticketing, merchandise and experiential prizes offered as rewards to token holders.
DOJO MiCA White Paper

Part E - Information about offer to public of other tokens or their admission to trading

N Field Content
E.1 Public offering or admission to trading
OTPC
E.2 Reasons for public offer or admission to trading The $DOJO public offer is driven by the following objectives:

Community Growth and Fan Engagement:
  • The Fan Token Offering is conducted to increase fan engagement and provide monetization opportunities for the esports team, Ninjas in Pyjamas (NIP).
  • The token sale aims to grow the NIP community by fostering engagement with its global fan base, allowing fans to connect with Ninjas in Pyjamas (NIP) and Team (esports team relating to the Ninjas in Pyjamas brand) through potential utilities that may be offered by holding these Fan Tokens.
  • This creates a strong connection between the esports brand (Ninjas in Pyjamas) and its global fanbase, fostering longterm engagement.
    1. Funding for enhancing utility and Long-Term Development:
  • A portion of the proceeds will be used to enhance the utility of the $DOJO Token, including securing ticketing, merchandise, and exclusive experiential rewards for token holders.
E.3 Fundraising target 750000
E.4 Minimum subscription goals N/A
E.5 Maximum subscription goals N/A
E.6 Oversubscription acceptance FALSE
E.7 Oversubscription allocation N/A
E.8 Issue price 1
E.9 Official currency or any other crypto-assets determining the issue price
USD
E.10 Subscription fee 0
E.11 Offer price determination method The offer price of $DOJO will be determined by the issuer in accordance with the agreed terms with NIPG FZ LLC. The price of $DOJO will be an amount of $CHZ equivalent to 1 USD at the time of purchase.
E.12 Total number of offered/traded crypto-assets 75000
E.13 Targeted holders
RETL
E.14 Holder restrictions Restrictions Purchase limits: The initial public offering will be structured in three waves, each with specific purchase limits per individual purchaser:
  • Wave 1: 100 $DOJO Token Cap. Duration: 2 hours.
  • Wave 2: 300 $DOJO Token Cap. Duration: 2 hours.
  • Wave 3: Uncapped (no purchase limit). Duration: 6 hours.
    1. Participation requirements: The Offering is only available to registered Socios.com Wallet users.
    1. Restricted Jurisdictions:
    1. The following geographical restrictions apply Individuals and entities located in jurisdictions:
  • Intified as High Risk Jurisdictions Subject to a Call for Action by the FAFT: (1) Democratic People’s Republic of Korea (DPRK), (2) Islamic Republic of Iran, (3) Myanmar
  • Other jurisdictions which have been blocked due to regulatory and other AML/CFT considerations: (1) Afghanistan, (2) Burundi, (3) Central African Republic, (4) Congo, (5) Democratic Republic of the Congo, (6) Cuba, (7) Estonia, (8) GuineaBissau, (9) Iraq, (10) Lebanon, (11) Libya, (12) Pakistan, (13) Russian Federation, (14) Somalia, (15) South Sudan, (16) Sudan, (17) Syrian Arab Republic, (18) Bolivarian Republic of Venezuela, (19) Yemen, (20) Zimbabwe.
  • Any other jurisdiction that is listed on the FATF’s list of Jurisdictions under Increased monitoring or on the EU Commission Delegated Acts on High Risk Third Countries shall be subject to enhanced due diligence procedures if and when required.
E.15 Reimbursement notice Purchasers participating in the offer to the public of crypto-assets will be able to be reimbursed if the minimum target subscription goal is not reached at the end of the offer to the public, if they exercise the right to withdrawal provided for in Article 13 of Regulation (EU) 2023/1114 of the European Parliament and of the Council or if the offer is cancelled.
E.16 Refund mechanism In the event that the public offer is cancelled, participants will be refunded their $CHZ tokens in full through the following mechanism:

Custody of Funds (EEA-based users only)
$CHZ contributions from EEA-based users raised during the public offering will be transferred to Socios Services Baltics, UAB, a registered CASP authorized by the FIAU in Lithuania to provide custody services on behalf of the offeror as required under Article 10(3) point (b) of MiCA.

Refund Process Cancellation
If the public offer is cancelled for any reason, the $CHZ collected during the offer will be transferred back to the users’ Socios.com Wallets. Such transfers will be initiated by the Offeror and do not require any requests from purchasers.

Alternative Refund Mechanism
No other refund mechanism is available or offered, as these methods provide a secure and direct means of reimbursing participants.
E.17 Refund timeline In case of cancellation of the public offer, refunds will be commenced the following business day of the cancellation.
E.18 Offer phases The public offer of $DOJO consists of the following phases:

Pre-Offer Phase (January–March 2025):
Preparation and Compliance:
  • Creation of all required documentation to ensure compliance with MiCA.
  • Completion of all blockchain and tokenrelated technical components.
    1. Pre-Marketing Activities:
  • Targeting retail users in a fair, clear and not misleading manner.
  • Establishing initial community channels and marketing outreach efforts.
    1. Public Offer Phase (24 June 2025 at 14:00 CEST – 24 June 2025 at 23:59 CEST or until all offered $DOJO are sold, whichever comes first)
    1. Fair-Launch public offer:
  • The $DOJO public offer is structured to ensure equal access for all participants.
  • During this period, participants can use their $CHZ to participate in the Offering.
  • The $CHZ from EEAbased users will be held in custody by Socios Services Baltics UAB (SSB), which will perform this activity on behalf of Socios Technologies AG.
  • The offering will be conducted in three phases, each with distinct purchase limits:
    1. Wave 1: Limited to a maximum of 100 $DOJO Tokens per participant. Duration: 2 hours.
    1. Wave 2: Capped at 300 $DOJO Tokens per participant. Duration: 2 hours.
    1. Wave 3: No purchase limit (uncapped). Duration: 6 hours.
    1. Post-Offer Phase and Token Distribution (25 June 2025 and forwards) Final Token Allocation:
    1. Starting from 25.06.2025 at 12:00 CEST, $DOJO tokens will be distributed to participants who did not request a refund. The $DOJO tokens will be allocated based on the amount of tokens purchased during the public offer. The purchase price is 1 USD, but payment is made in $CHZ, calculated based on the USD/CHZ exchange rate at the time of purchase.
    1. Token Liquidity:
    1. Liquidity for $DOJO Tokens will be available on Kayen.org, the largest decentralized exchange on the Chiliz Chain, starting the working day after the Offering concludes.
E.19 Early purchase discount There is no early purchase discount offered.
E.20 Time-limited offer TRUE
E.21 Subscription period beginning 2025-06-24
E.22 Subscription period end 2025-06-25
E.23 Safeguarding arrangements for offered funds/crypto-Assets To ensure the safeguarding of funds collected during this time-limited public offer, the following arrangements have been set in place for compliance with Article 10 of MiCA:

Custodian Oversight
The $CHZ contributions collected from EEA-based purchasers are transferred to and held in Socios Services Baltics UAB wallet, which acts as the custodian of the funds on behalf of Socios Technologies AG.
The custodian is responsible for safeguarding the contributions until the conclusion of the public offer and any refund processes.

Refund Mechanisms
EEA-based retail participants have the right to withdraw their contributions during the subscription period by submitting claims and following the refund mechanism described in E.26 Right of Withdrawal.

Transparent Allocation
At the conclusion of the public offer, funds are allocated for their intended use, as outlined in this white paper, focusing on regulatory and operational compliance.
E.24 Payment methods for crypto-asset purchase The only accepted payment method for purchasing $DOJO tokens during the public offering is the transfer of $CHZ to the custodian’s (Socios Services Baltics UAB) designated wallet which holds in custody the $CHZ on behalf of the Offeror (Socios Technologies AG). This transaction is required to complete the purchase of $DOJO tokens.
No other payment methods, including fiat currencies or any other cryptocurrencies, will be accepted during this public offer.
E.25 Value transfer methods for reimbursement The reimbursement of purchasers entitled to a refund shall be executed in accordance with the procedures set forth in Section E.26, pertaining to refunds arising from the Right of Withdrawal, and Section E.16, outlining the Refund Mechanism in the event of public offer cancellation.
E.26 Right of withdrawal During the subscription period, EEA-based retail holders who participate in the $DOJO public offer have the right to withdraw their agreement to purchase $DOJO without incurring any fees or costs and without needing to provide any reason. The refund mechanism operates as follows:

Participants will be refunded through the following mechanism:

Subscription Period
The $DOJO public offer opens on 24.06.2025 at 14:00 CEST and ends on 24.06.2025 at 23:59 CEST or upon the complete sale of the 75,000 $DOJO tokens offered to the public, whichever occurs first.
Pending the subscription period, participants may claim back their $CHZ if they decide to cancel their purchase order of the $DOJO Tokens.

Custody of Funds
$CHZ contributions raised during the public offering as payment of the $DOJO tokens will be transferred to Socios Services Baltics, UAB, an entity authorized by the FIAU in Lithuania to provide custody services, which will carry this activity on behalf of Socios Technologies AG.

Right to Claim Refund
EEA-based retail holders who have transferred $CHZ have until the end of the subscription period to submit a reimbursement claim to withdraw their $CHZ and cancel their purchase agreement of $DOJO tokens.
No reimbursement claims submitted after this deadline will be processed nor approved in any event.

Refund Process
EEA participants can initiate the cancellation process to withdraw their purchase of
$DOJO effortlessly through their transaction history on the Socios.com platform. A Cancel button will be available next to the relevant transaction entry. Upon selecting this option, customers will be prompted to confirm their cancellation request. Once confirmed, a new transaction entry will appear in the user’s transaction history, confirming the request is being processed.
Once confirmed, the refund process will be initiated immediately. The corresponding amount of $CHZ will be returned to the customer’s wallet, with the refund being processed as soon as the blockchain network completes the necessary transactions.
The exact timing of the refund will depend on network conditions, but the process is designed to ensure the fastest possible settlement.
E.27 Transfer of purchased crypto-assets Smart Contract Distribution:
Following the conclusion of the subscription period, the $DOJO tokens will be distributed to participants via an airdrop mechanism, the logic and execution of which being automated through a smart contract.
The $DOJO token distribution via the above mentioned smart contract is scheduled to take place on June 25, 2025 at 12:00 CEST, so that all refund requests pursuant to the withdrawal right being exercised by EEA participants are processed before the $DOJO token distribution.

Pro-Rata Allocation:
Participants in the public offer submit a request to purchase a fixed number of $DOJO tokens that are denominated in $CHZ (at a fixed price of 1USD worth of $CHZ per $DOJO token that is based on the CHZ/USD conversion rate at the time of purchase). Therefore the $DOJO tokens are allocated as per the committed purchase amount of the participants during the public offer

Blockchain-Based Delivery:
The $DOJO tokens will be distributed to eligible participants via the airdrop smart contract.
$DOJO Tokens will be delivered directly to the Chiliz Chain wallet address associated with the Socios.com Wallet that the participant used to participate in the public offer.
Direct delivery grants a seamless, transparent, and secure transfer of the $DOJO tokens to holders, while leveraging the efficiency of the Chiliz Chain.

Exclusivity of Socios.com Wallet:
As participants are required to participate in the public offer via the Socios.com Wallet, only Socios.com Wallet addresses on the Chiliz Chain will receive $DOJO tokens.
E.28 Transfer time schedule 2025-06-25
E.29 Purchaser's technical requirements To participate in the public offer and receive $DOJO tokens, purchasers must meet the following technical requirements:
Socios.com Wallet:
Purchasers must have a registered account on Socios.com platform and set up their Socios.com Wallet to participate in the public offer and to receive the $DOJO tokens.

Secure Wallet Management:
Purchasers are responsible for securing their wallet credentials, including private keys and recovery phrases, to ensure the safety of their assets.
E.30 Crypto-asset service provider (CASP) name N/A
E.31 CASP identifier 984500EBA2E9980CDD80
E.32 Placement form
NTAV
E.33 Trading platforms name N/A
E.34 Trading platforms market identifier code (MIC) N/A
E.35 Trading platforms access N/A
E.36 Involved costs The costs are exclusively related to Chiliz Chain gas fees, which are required to process transactions on the blockchain. However, these gas fees will be subsidized by the Offeror, meaning users will not be required to pay gas fees when purchasing $DOJO tokens during the public offering. Similarly, when and if EEA users withdraw their purchase and request a refund, the related gas fees for the refund of $CHZ are borne exclusively by the Issuer.
No hidden or issuer/offeror-imposed fees apply to the purchase of $DOJO tokens.
E.37 Offer expenses The resources allocated to the $DOJO public offer primarily consist of non-financial contributions, including the extensive man-hours and expertise provided by the development team of the Offeror.
These efforts have been directed towards technical development, compliance with MiCA, and project planning to ensure a successful public offer and token launch.
E.38 Conflicts of interest There are no conflicts of interest arising at the moment of writing the white paper in relation to the offer or admission to trading.
E.39 Applicable law Switzerland
E.40 Competent court Subject to mandatory applicable law, any dispute arising out of or in connection with this white paper and all claims in connection with the $DOJO token shall be exclusively, including the validity, invalidity, breach or termination thereof, subject to the jurisdiction of the courts of the District Court of Zug (Kantonsgericht Zug), Aabachstr. 3, Postfach 6301 Zug, Switzerland, jurisdiction of Switzerland.
DOJO MiCA White Paper

Part F - Information about other tokens

N Field Content
F.1 Crypto-asset type The $DOJO Token is an ERC-20 equivalent (CAP-20) fungible token issued and stored on the Chiliz Chain, a fully sovereign EVM-compatible layer 1 blockchain. Its key utility and functionality is as an IP-tied community token whose ownership demarcates proof of fandom within the organization (NIP) it is issued on behalf of.
Ownership of the $DOJO Token entitles owners access to all $DOJO token-gated features offered on day of issuance and in the future by both NIP via its native platforms or, potentially on the Socios.com platform at sole discretion of NIP and for the duration of the contractual relationship between NIP and Socios Technologies AG, the issuer/offeror of the $DOJO Token.
The $DOJO Token, importantly, has no legal or otherwise rights or obligations attached to it either by those purchasing the token or the Team the token is issued on behalf of, nor does it entitle holders thereof to participate in any decisions which are ordinarily reserved to corporate bodies or vested in directors and shareholders of either NIP or Socios Technologies AG, nor shall it entitle holders to receive any sort of profits generated by NIP or Socios Technologies AG.

Token Classification:
The $DOJO Token is designed as a fungible token that enhances fan engagement and interaction within the NIP community. Its primary purpose is to serve as a community-driven token, offering exclusive access, experiences, and participation opportunities within the NIP ecosystem.

Therefore, $DOJO token falls within the definition of crypto-asset set forth in article 3 of Regulation (EU) 2023/1114) as it is a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology (Chiliz Chain).

$DOJO does not purport to maintain a stable value and, thus, it should be classified as a crypto-asset other than asset-referenced token or e-money token.

For the avoidance of doubt, the $DOJO token does not strictly qualify as a utility token under Article 3 of the Regulation (EU) 2023/1114, as the associated utilities are not provided directly by the issuer.

Blockchain:
The $DOJO operates on the Chiliz Chain, a fully sovereign EVM-compatible layer 1 blockchain.

Allocation and Distribution:
A total of 75,000 $DOJO tokens will be distributed during a fair-launch public offer, with the focus of the initial launch being on equitable access for participants.
F.2 Crypto-asset functionality The $DOJO Token is designed as a community-driven crypto-asset that serves as proof of fandom within the NIP ecosystem. Issued on the Chiliz Chain (a sovereign EVM-compatible Layer 1 blockchain), the token represents a symbol of engagement and participation, allowing fans to access exclusive features and experiences tied to NIP and Team´s (esports teams relating to the Ninjas in Pyjamas brand) own platforms, including but not limited to The Dojo platform .
As an IP-tied community token, the $DOJO Token provides holders with access to token-gated features that may be available at the time of issuance and in the future, both on NIP’s native platforms (including The Dojo platform), and potentially via Socios.com, subject to the mutual agreement of NIP and Socios Technologies AG. These features may include engagement opportunities, and fan-based interactions.
F.3 Planned application of functionalities Token holders may have access to a range of $DOJO token-gated features, which can be accessed through NIP's native platforms or any other platform as may be decided in the future including the Socios.com fan engagement and rewards platform.
The functionalities available shall include, but not be limited to, benefits to be availed of on the NIP and Team’s (esports teams relating to the Ninjas in Pyjamas brand) own platforms.
Over time, additional functionalities may be introduced, further enhancing the token holder experience.
F.4 Type of crypto-asset white paper
OTHR
F.5 The type of submission
MODI
F.6 Crypto-asset characteristics General Characteristics:
  • Name: ($DOJO).
  • Type: Cryptoasset other than assetreferenced token or emoney token.
  • Blockchain: Chiliz Chain.
  • Overall Total Token Supply: 5,000,000 $DOJO.
  • Public Offering Token Supply: 75,000 $DOJO.
  • Token Standard: ERC20 equivalent (CAP20).
    1. Classification under MiCA (Regulation (EU) 2023/1114):
    1. The $DOJO is classified as a crypto-asset other than asset-referenced token or e-money token.
    1. Functionality: Primary Functionality:
  • The $DOJO is an engagementfocused cryptoasset built for fan interaction and tokengated experiences within the NIP ecosystem.
F.7 Commercial name or trading name Socios Technologies AG
F.8 Website of the issuer https://www.socios.com/
F.9 Starting date of offer to the public or admission to trading 2025-06-24
F.10 Publication date 2026-01-26
F.11 Any other services provided by the issuer Socios Technologies AG does not currently provide any other services.
F.12 Language or languages of the crypto-asset white paper English
F.13 Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available Not available. Funds raised during the public offer may be used to acquire one.
F.14 Functionally fungible group digital token identifier, where available Not available. Funds raised during the public offer may be used to acquire one.
F.15 Voluntary data flag FALSE
F.16 Personal data flag TRUE
F.17 LEI eligibility TRUE
F.18 Home Member State
Lithuania
F.19 Host Member States
Spain, Italy, Poland
DOJO MiCA White Paper

Part G - Information on rights and obligations attached to other tokens

N Field Content
G.1 Purchaser rights and obligations The $DOJO Token does not grant any legal, financial, or ownership rights, nor does it impose any obligations on NIP, Socios Technologies AG, or the token holders. It is purely a digital membership asset designed to enhance fan interaction and shall not entitle holders thereof to participate in any decisions which are ordinarily reserved to corporate bodies or vested in directors and shareholders of either NIP or Socios Technologies AG, nor shall it entitle holders to receive any sort of profits generated by NIP or Socios Technologies AG.
Within this framework, purchasers are nevertheless granted certain rights associated with the acquisition and use of the $DOJO Token, as well as obligations that ensure the proper functioning of the public offer and the ecosystem. These include:

Rights of the Purchaser:
  • Token Allocation: Purchasers have the right to receive their $DOJO tokens based on their $CHZ contribution to the public offer.
  • Withdrawal Rights: EEAbased purchasers have the right to withdraw their contribution and request a full refund of their $CHZ without fees or penalties by submitting a claim before the end of the subscription period.
  • Participation in a FairLaunch Public Offer: Purchasers are guaranteed equal access to the public offer, to ensure fairness and prevent overconcentration.
  • Refund in Case of Cancellation: In the event of public offer cancellation, all participants are entitled to a refund. The refunds will be initiated by the custodian engaged by the offeror, i.e. SSB, directly to the users’ Socios.com Wallets.
  • Ownership Rights: Upon receiving the $DOJO tokens, purchasers hold full ownership rights over their tokens, which can be freely traded or held at their discretion.
    1. Obligations of the Purchaser:
  • Technical Requirements: Purchasers are obligated to provide their Socios.com Wallet address to receive the $DOJO tokens. For the purposes of the offer to the public, purchasers are not required to hold $CHZ for transaction fees when interacting with the Chiliz Chain, as gas fees will be subsidized by the Issuer.
  • Compliance with Contribution Limits in Waves 1 and 2: Purchasers must comply with the maximum contribution limit per individual in Waves 1 and 2.
  • Secure Wallet Management: Purchasers are responsible for securely managing their Socios.com wallet credentials, including private keys and recovery phrases, to safeguard their assets.
G.2 Exercise of rights and obligations Right to Token Allocation
Procedure: Tokens will be distributed to the Socios.com Wallet address that was provided by the purchaser at the time of participating in the public offer and contributing the $CHZ amount. Distribution is scheduled for 25.06.2025 at 12:00 CEST, following the conclusion of the refund (withdrawal) period and the conclusion of the public offer.

Condition: Purchasers must contribute $CHZ during the subscription period (24.06.2025 at 14:00 CEST to 24.06.2025 at 23:59 CEST or until the moment all the 75,000 $DOJO tokens offered to the public are sold, whichever comes first) and not submit a refund claim by the refund deadline (24.06.2025, by 23:59 CEST or until all offered $DOJO are sold, whichever comes first).

Right to Withdraw from Purchase
Procedure: EEA-based purchasers who wish to withdraw their contributions must submit a claim for reimbursement before the end of the subscription period.
Condition: Refunds are only available to those who request them before the refund deadline and consequently do not receive their $DOJO tokens during the distribution period.

Right to Refund Upon Cancellation of the Public Offer
Procedure: In the event of public offer cancellation, all participants are entitled to a refund. The refunds will be initiated by the custodian engaged by the offeror, i.e. SSB, directly to the users’ Socios.com Wallets. Refunds will be initiated promptly by the custodian and purchasers will be informed of the process.
Condition: Applies automatically to all purchasers in the event of offer cancellation.

Right to Trade Tokens
Procedure: Purchasers can freely trade $DOJO tokens after receiving them in their wallets. Initial liquidity for trading should be provided on decentralized exchanges (DEXs).
Condition: Tokens must be held in a Socios.com Wallet or any other non-custodial wallet compatible with the Chiliz Chain to facilitate trading.

Fulfillment of Purchaser Obligations
Technical Requirements: Purchasers are required to provide a Socios.com Wallet address.
Compliance with Contribution Limits: Purchasers must adhere to the maximum purchase limits applicable in each of waves 1 and 2.
Secure Wallet Management: Purchasers are obligated to securely manage their wallet credentials, including private keys, to prevent unauthorized access to their funds and tokens.
KYC/AML requirements adherence: Users must adhere to any and all AML/CFT requirements including customer due diligence requirements of the socios.com platform.
G.3 Conditions for modifications of rights and obligations No modifications to the rights and obligations of purchasers are anticipated or planned due to the short duration of the public offer, which runs from 24.06.2025 at 14:00 CEST to 24.06.2025 at 23:59 CEST or until all of the 75,000 $DOJO tokens offered to the public are sold, whichever comes first.
The terms of the public offer, including purchaser rights (e.g. refund rights, token allocation) and obligations (e.g. contribution limits, technical requirements), are fixed and transparently communicated in advance. This ensures stability and predictability for all participants. In the unlikely event of unforeseen circumstances requiring modifications, participants will be notified promptly, and any changes will comply with applicable regulatory requirements to protect purchaser interests.
G.4 Future public offers FALSE
G.5 Issuer retained crypto-assets 4925000
G.6 Utility Token Classification FALSE
G.7 Key features of goods/services of utility tokens N/A
G.8 Utility tokens redemption N/A
G.9 Non-trading request FALSE
G.10 Crypto-assets purchase or sale modalities After the conclusion of the public offer, the $DOJO tokens should soon be tradable on decentralized exchanges (DEXs) operating on the Chiliz Chain, with potential centralized exchange (CEX) listings to follow to expand market reach.
$DOJO Tokens Can Be Purchased or Sold, on Decentralized Exchanges (DEXs): Starting 25.06.2025, initial liquidity will be provided on Kayen.org, the largest decentralized exchange native to the Chiliz Chain. Token holders can use their Socios.com Wallets or any other non-custodial wallet which supports the Chiliz Chain to trade $DOJO directly in a decentralized, peer-to-peer environment.
G.11 Crypto-assets transfer restrictions No lock-up period in place. Tokens may be freely traded and therefore unlocked immediately upon distribution of the $DOJO tokens to the purchasers’ wallet.
G.12 Supply adjustment protocols FALSE
G.13 Supply adjustment mechanisms This field does not apply, as G.12 is false.
G.14 Token value protection schemes FALSE
G.15 Token value protection schemes description N/A
G.16 Compensation schemes FALSE
G.17 Compensation schemes description N/A
G.18 Applicable law Switzerland
G.19 Competent court Subject to mandatory applicable law, any dispute arising out of or in connection with this white paper and all claims in connection with the $DOJO token shall be exclusively, including the validity, invalidity, breach or termination thereof, subject to the jurisdiction of the courts of the District Court of of Zug (Kantonsgericht Zug), Aabachstr. 3, Postfach 6301 Zug, Switzerland, jurisdiction of Switzerland.
DOJO MiCA White Paper

Part H – Information on underlying technology

N Field Content
H.1 Distributed ledger technology (DTL) The Chiliz Chain is the blockchain technology used for the issuance and storing of $DOJO, a token issued under the CAP-20 token standard used to issue tokens on the Chiliz Chain The Chiliz Chain presents the following characteristics:
  • It is an EVM (Ethereum Virtual Machine) compatible blockchain. EVMcompatible blockchains implement the same instruction set and data structures as the Ethereum blockchain.
  • The Chiliz Chain follows a Proof of Staked Authority (PoSA) consensus mechanism, meaning that only a limited number of main validators can validate transactions and add blocks to the chain. New validators must stake Chiliz Token ($CHZ), the native token of the Chiliz Chain, and be approved by validators through onchain governance. Validator seats are currently limited to 13 (subject to onchain governance).
  • The Chiliz Chain can handle up to 400 Transactions per second (TPS).
  • Transaction costs on the Chiliz Chain are relatively low, with a minimum gas price of 2501GWEI (units used for the calculation of gas fees on EVMcompatible blockchains).
  • The Chain System contracts, including those responsible for core functionalities such as staking, governance, and upgrade mechanisms, are fully audited.
  • Tokens issued on the Chiliz Chain follow CAP20 Token Standard (ERC20 compatible).
H.2 Protocols and technical standards Protocols and technical standards
$DOJO is deployed on Chiliz Chain, an EVM-compatible layer-1 blockchain described in the official documentation as a fork of BNB Smart Chain, itself a derivative of go-Ethereum. This heritage means Chiliz Chain inherits Ethereum-style account management, transaction encoding and developer tooling, while operating as a distinct network.

Token standard
The network’s fungible-asset standard is CAP-20, defined in the Chiliz documentation as Chiliz Chain’s ERC-20-style token standard. CAP-20 is code-equivalent to ERC-20 but enforces zero decimals, so all balances and transfers represent whole-number units. $DOJO is treated as a standard CAP-20 Fan Token implementing the familiar ERC-20-style interface.

Interfaces and client standards
Wallets and applications connect to Chiliz Chain via standard JSON-RPC and WebSocket endpoints. At protocol level, this means Chiliz Chain follows standard Web3 RPC patterns. Any client that supports custom EVM networks can treat Chiliz Chain as another Ethereum-style chain, provided it uses the documented network parameters.
H.3 Technology used Implementation and architecture
The $DOJO token contract runs on the Chiliz Chain client implementation published as open-source software in the chiliz-chain/v2 repository, written in Go. A separate genesis-configuration repository defines the chain parameters and network configuration. Together, these components define the execution and consensus stack within which the $DOJO CAP-20 contract is deployed and executed.

Smart-contract platform and execution environment
Smart contracts on Chiliz Chain are written in Solidity 0.8.24 and compiled for the Shanghai-equivalent EVM introduced with the Dragon8 upgrade. Dragon8 implemented modern Ethereum proposals such as EIP-1559 and EIP-2718, aligning Chiliz Chain’s fee mechanics and transaction format with Ethereum.
All transactions on Chiliz Chain are metered using the EVM gas schedule and settled in CHZ, the network’s native token. The deterministic EVM runtime ensures that, given the same inputs and state, contract execution produces identical results across all validator nodes.

Transfer and interoperability technology
Before transferring $DOJO, users must hold native CHZ to pay transaction fees. Once funded, the same wallet address receives or purchases $DOJO. Transfers are then executed as standard CAP-20 transactions on Chiliz Chain, with gas paid in CHZ and finality achieved upon block confirmation.

Two smart-contract-based bridges maintain liquidity between Ethereum and Chiliz Chain:
  • Dcentralab’s Chainport, which converts ERC20 CHZ on Ethereum to wrapped CHZ (wCHZ) on Chiliz Chain;
  • the Chiliz Bridge, which performs a direct ERC20 to native CHZ conversion using paired contracts on Ethereum and Chiliz Chain.
    1. Protocol-wise, these bridges define the standard mechanism for moving CHZ between networks. They are primarily used to supply wallets with native CHZ on Chiliz Chain for gas, staking and governance.
H.4 Consensus Mechanism $DOJO does not implement its own consensus mechanism. All $DOJO transactions are executed within Chiliz Chain’s base layer execution environment and achieve finality once they are included in Chiliz Chain blocks that reach the relevant commitment level. Settlement, ordering and data availability are determined entirely by Chiliz Chain’s validator set. $DOJO inherits those security and availability guarantees.

Chiliz Chain uses Proof of Staked Authority (PoSA), a hybrid consensus mechanism that combines Proof-of-Authority-style validator rotation with Proof-of-Stake-based weighting and eligibility. A limited set of “Main Validators”, each required to bond CHZ and be approved through on-chain governance, is responsible for proposing and validating blocks, while additional validator candidates can remain in an active queue with bonded stake, ready to replace or supplement the main set as staking weights or governance decisions change. Main Validators take turns producing blocks in a deterministic rotation, rather than open competition, which keeps block times predictable. The Parlia consensus engine coordinates block production and interacts with system contracts that manage staking, validator-set updates, distribution of block rewards and penalties for misbehaving or offline validators. This PoSA design, adapted from BNB Smart Chain, is tuned for short block times, low transaction fees and fast practical finality suitable for consumer-facing applications such as Fan Tokens, while relying on a comparatively small validator set and therefore offering a lower degree of permissionless decentralisation than large, fully open validator networks.
H.5 Incentive Mechanisms and Applicable Fees $DOJO benefits from Chiliz Chain’s low transaction fees, making it ideal for high-frequency trading and broad accessibility.

The Chiliz Chain incorporates a native incentive model in which validators and delegators are rewarded through both the CHZ inflation mechanism and their share of transaction fees collected on-chain. Transaction fees (gas fees) are payable in $CHZ and are set at a relatively low minimum gas price of 2501 GWEI to enable efficient network usage.

A portion of accrued gas fees is burned at protocol level, contributing to long-term supply balancing, while the remainder is distributed to validators as compensation for securing the network. End users interacting with $DOJO during the public offer are not required to hold $CHZ for gas, as fees incurred during the distribution process are subsidized by the Issuer.
H.6 Use of distributed ledger technology FALSE
H.7 DLT functionality description N/A
H.8 Audit TRUE
H.9 Audit outcome Halborn’s Chiliz Chain Core Contracts
  • Object: Core Chiliz Chain smart contracts used at mainnet launch, including the staking contract, governance contract and bridge contract.
  • Findings: Minor risks were identified in these contracts, with no indication of unresolved highseverity issues at launch.
  • Remediation: The necessary fixes were implemented before the 2023 mainnet launch, and the contracts remain subject to further audits when they are upgraded.
    1. CertiK’s Governance and Core Contracts
  • Object: Smart contracts underpinning Chiliz governance and core V2 contracts, including the V2 Genesis Contracts and related upgradeable components, as well as the onchain vote token implementation reviewed under the Chiliz project on CertiK Skynet.
  • Findings: No critical issues, several major centralisationtype findings, plus medium, minor and informational issues, all marked as acknowledged.
  • Remediation: The identified issues have been addressed.
    1. Halborn’s Chiliz Bridge Smart-Contract Audit
  • Object: Smartcontract infrastructure for the Chiliz Bridge that connects CHZ between Ethereum and the Chiliz Chain.
  • Findings: No critical, unaddressed issues.
  • Remediation: Subsequent updates to bridge logic are tracked via blockchain codechange logs and outage reports.
DOJO MiCA White Paper

Part I - Information on risks

N Field Content
I.1 Offer-related risks Compliance with MiCA
Although the $DOJO is designed to be fully compliant with MiCA, future changes to regulatory requirements could affect the token’s status or its ability to be traded.

Jurisdictional Limitations:
Purchasers must ensure compliance with local laws in their respective jurisdictions, as regulatory treatment of crypto-assets may vary.

Blockchain Dependency Risk
The $DOJO token is built on the Chiliz Chain, making it inherently reliant on the stability, security, and long-term operation of the underlying blockchain. Any disruptions, protocol upgrades, or governance decisions on the Chiliz Chain could potentially impact the token’s functionality, transaction speed, and overall ecosystem integration. Changes to gas fees, validator incentives, or consensus mechanisms may also influence transaction costs and user adoption.

Wallet and Storage Risks
Users and holders of $DOJO are responsible for securely managing their wallets and private keys. If a wallet is compromised due to phishing attacks, malware, or user negligence, funds may be permanently lost. Additionally, potential security breaches in third-party custodial wallets could impact user experience and ultimately result in loss of funds.
I.2 Issuer-related risks Regulatory Compliance Risks
Issuers of crypto assets must adhere to a wide array of regulatory requirements across different jurisdictions. Non-compliance can result in fines, sanctions, or the prohibition of the crypto asset offering, impacting its viability and market acceptance.

Legal Risks
Legal uncertainties, potential lawsuits, or adverse legal rulings can pose significant risks to issuers. Legal challenges may affect the legality, usability, or value of a crypto-asset.

Reputational Risks
Negative publicity, whether due to operational failures, security breaches, or association with illicit activities, can damage an issuer's reputation and, by extension, the value and acceptance of the crypto-asset.

Dependency on Key Individuals
The success of some crypto projects can be highly dependent on the expertise and leadership of key individuals. Loss or changes in the project’s leadership can lead to disruptions, loss of trust, or project failure.

Counterparty Risks
Risks associated with the issuer's partners, suppliers, or collaborators, including the potential for non-fulfillment of obligations that can affect the issuer’s operations.
I.3 Crypto-assets-related risks Compliance with MiCA
Although the $DOJO is designed to be fully compliant with MiCA, future changes to regulatory requirements could affect the token’s status or its ability to be traded.

Jurisdictional Limitations
Purchasers must ensure compliance with local laws in their respective jurisdictions, as regulatory treatment of crypto-assets may vary.

Market and Liquidity Risks: Volatility
$DOJO’s value is likely to be highly volatile and subject to market speculation. The token’s price may fluctuate significantly, resulting in potential losses.

Liquidity Risk
The availability of liquidity depends on the level of trading activity on decentralized exchanges (DEXs) and, where applicable, on centralized exchanges (CEXs). Insufficient trading volume could hinder the ability to buy or sell the $DOJO tokens.
I.4 Project implementation-related risks Ecosystem Dependency Risks
The $DOJO token will be compatible with many platforms across the Chiliz Chain or even the wider EVM Ecosystem. It is always best practice to only interact with reputable platforms which

Operational Risks
These include risks related to the issuer's internal processes, personnel, and technologies, which can affect their ability to manage crypto-asset operations effectively. Failures in operational integrity might lead to disruptions, financial losses, or reputational damage.

Evolving Technology Risks
Blockchain technology is rapidly evolving, and new standards, protocols, or competitor chains could render existing token implementations obsolete. The NIP team will keep an eye on trends changes and upgrades to make sure the $DOJO token does not fall short.
I.5 Technology-related risks Smart Contract Risks
Despite thorough testing and audits, smart contracts are susceptible to vulnerabilities such as logic errors, reentrancy attacks, or integer overflows. If an exploit is discovered in the $DOJO token’s contract, it could lead to financial losses, token theft, or unintended behaviors.

Network Security Risks
While Chiliz Chain benefits from robust blockchain security, it remains susceptible to network-level attacks such as Sybil attacks, 51% attacks, or DDoS attempts on validators.
I.6 Mitigation measures The $DOJO project implements several measures to mitigate the risks associated with the technology used to deploy the $DOJO public offer as follows:

Smart Contract Risks
Comprehensive Testing: The smart contracts were extensively tested in multiple scenarios to ensure reliability and correctness during token distribution and refunds.

Wallet and Storage Risks
User Education:The project provides clear guidance to participants on securely managing their private keys and using Chiliz Chain-compatible wallets, minimizing risks related to loss of access.

Network Security Risks
Validator Network Diversity: Chiliz Chain’s validator network continues to grow and diversify, enhancing resilience against potential centralization or targeted attacks.

Ecosystem Dependency Risks
Partnerships with Established Platforms: The $DOJO implementing team aims to collaborate with established and reliable DEX to ensure a smooth trading experience. Any potential future CEX listings shall always prioritize reputable platforms to reduce operational risks.

Evolving Technology Risks
Adoption of Updates: The $DOJO project team actively monitors advancements in blockchain technology and commits to adopting improvements in the Chiliz Chain ecosystem to maintain competitiveness.
DOJO MiCA White Paper

Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts

N Field Content
S.1 Name Socios Technologies AG
S.2 Relevant legal entity identifier 984500B6F8407AE38911
S.3 Name of the crypto-asset DOJO
S.4 Consensus Mechanism $DOJO does not implement its own consensus mechanism. All $DOJO transactions are executed within Chiliz Chain’s base layer execution environment and achieve finality once they are included in Chiliz Chain blocks that reach the relevant commitment level. Settlement, ordering and data availability are determined entirely by Chiliz Chain’s validator set. $DOJO inherits those security and availability guarantees.

Chiliz Chain uses Proof of Staked Authority (PoSA), a hybrid consensus mechanism that combines Proof-of-Authority-style validator rotation with Proof-of-Stake-based weighting and eligibility. A limited set of “Main Validators”, each required to bond CHZ and be approved through on-chain governance, is responsible for proposing and validating blocks, while additional validator candidates can remain in an active queue with bonded stake, ready to replace or supplement the main set as staking weights or governance decisions change. Main Validators take turns producing blocks in a deterministic rotation, rather than open competition, which keeps block times predictable. The Parlia consensus engine coordinates block production and interacts with system contracts that manage staking, validator-set updates, distribution of block rewards and penalties for misbehaving or offline validators. This PoSA design, adapted from BNB Smart Chain, is tuned for short block times, low transaction fees and fast practical finality suitable for consumer-facing applications such as Fan Tokens, while relying on a comparatively small validator set and therefore offering a lower degree of permissionless decentralisation than large, fully open validator networks.
S.5 Incentive Mechanisms and Applicable Fees See H.5
S.6 Beginning of period to which disclosed information relates 2024-02-07
S.7 End of period to which disclosed information relates 2025-02-07
S.8 Energy consumption 48.20178
S.9 Energy consumption sources and methodologies The token in question is issued within the “Chiliz network”: To calculate the energy consumption of the $DOJO token, the total energy consumption of the Chiliz network is first determined.
The share of the token within the network is then determined and a corresponding share of the network's energy consumption is attributed to the token. Since the token has not yet been launched at the time of writing this white paper, estimates are used to determine the share of the token. Other tokens with the same characteristics in terms of technical implementation and structure of the project are selected for this.
S.10 Renewable energy consumption 0.1720439097
S.11 Energy intensity 0.43658
S.12 Scope 1 DLT GHG emissions - controlled 0.00000
S.13 Scope 2 DLT GHG emissions - purchased 0.01623
S.14 GHG intensity 0.14702
S.15 Key energy sources and methodologies To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
S.16 Key GHG sources and methodologies To determine the GHG emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from the European Environment Agency (EEA) and thus determined.
S.17 Energy mix
17.204390967
S.18 Energy use reduction N/A
S.19 Carbon intensity N/A
S.20 Scope 3 DLT GHG emissions – Value chain N/A
S.21 GHG emissions reduction targets or commitments N/A
S.22 Generation of waste electrical and electronic equipment (WEEE) N/A
S.23 Non-recycled WEEE ratio N/A
S.24 Generation of hazardous waste N/A
S.25 Generation of waste (all types) N/A
S.26 Non-recycled waste ratio (all types) N/A
S.27 Waste intensity (all types) N/A
S.28 Waste reduction targets or commitments (all types) N/A
S.29 Impact of the use of equipment on natural resources N/A
S.30 Natural resources use reduction targets or commitments N/A
S.31 Water use N/A
S.32 Non recycled water ratio N/A
S.33 Other energy sources and methodologies N/A
S.34 Other GHG sources and methodologies N/A
S.35 Waste sources and methodologies N/A
S.36 Natural resources sources and methodologies N/A
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