$DOJO White paper:
WHITE PAPER
The $DOJO
Drafted under the European Markets in Crypto-Assets Regulation (EU) 2023/1114 (hereinafter referred to as “MiCA”)
00 Table of content
REGULATORY DISCLOSURES
Summary
A.Part A - Information about the offeror
Information about the offeror or the person seeking admission to trading
A.1 Name
A.2 Legal Form
A.3 Registered Address
A.4 Head Office
A.5 Registration Date
A.6 Legal Entity Identifier
A.7 Another Identifier Required Pursuant to Applicable National Law
A.8 Contact Telephone Number
A.9 E-mail Address
A.10 Response Time (Days)
A.11 Parent Company
A.12 Members of the Management Body
A.13 Business Activity
A.14 Parent Company Business Activity
A.15 Newly Established
A.16 Financial Condition for the past three Years
A.17 Financial Condition Since Registration
B. Part B - Information about the issuer
Information about the issuer, if different from the offeror or person seeking admission to trading
B.1 Issuer different from offeror or person seeking admission to trading
B.2 Non-applicability of Part B
C. Part C - Information about other persons drafting the White paper
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
C.1 Non-applicability of Part C
D. Part D - Information about the crypto-asset project
Information about the crypto-asset project
D.1 Crypto-Asset Project Name
D.2 Crypto-Assets Name
D.3 Abbreviation
D.4 Crypto-Asset Project Description
D.5 Details of all persons involved in the implementation of the crypto-asset project
D.6 Utility Token Classification
D.7 Key Features of Goods/Services for Utility Token Projects
D.8 Plans for the Token
D.9 Resource Allocation
D.10 Planned Use of Collected Funds or Crypto-Assets
E. Part E - Information about the offer to the public
Information about the offer to the public of crypto-assets or their admission to trading
E.1 Public Offering or Admission to Trading
E.2 Reasons for Public Offer or Admission to Trading
E.3 Fundraising Target
E.4 Minimum Subscription Goals
E.5 Maximum Subscription Goal
E.6 Oversubscription Acceptance
E.7 Oversubscription Allocation
E.8 Issue Price
E.9 Official Currency or Any Other Crypto-Assets Determining the Issue Price
E.10 Subscription Fee
E.11 Offer Price Determination Method
E.12 Total Number of Offered Crypto-Assets
E.13 Targeted Holders
E.14 Holder Restrictions
E.15 Reimbursement Notice
E.16 Refund Mechanism
E.17 Refund Timeline
E.18 Offer Phases
E.19 Early Purchase Discount
E.20 Time-Limited Offer
E.21 Subscription Period Beginning
E.22 Subscription Period End
E.23 Safeguarding Arrangements for Offered Funds/Crypto-Assets
E.24 Payment Methods for Crypto-Asset Purchase
E.25 Value Transfer Methods for Reimbursement
E.26 Right of Withdrawal
E.27 Transfer of Purchased Crypto-Assets
E.28 Transfer Time Schedule
E.29 Purchaser's Technical Requirements
E.30 Crypto-asset service provider (CASP) name
E.31 CASP identifier
E.32 Placement Form
E.33 Trading Platforms name
E.34 Trading Platforms Market Identifier Code (MIC)
E.35 Trading Platforms Access
E.36 Involved Costs
E.37 Offer Expenses
E.38 Conflicts of Interest
E.39 Applicable Law
E.40 Competent Court
F. Part F - Information about the crypto-assets
Information about the crypto-assets
F.1 Crypto-Asset Type
F.2 Crypto-Asset Functionality
F.3 Planned Application of Functionalities
F.4 Type of white paper
F.5 The type of submission
F.6 Crypto-Asset Characteristics
F.7 Commercial name or trading name
F.8 Website of the issuer
F.9 Starting date of offer to the public
F.10 Publication date
F.11 Any other services provided by the issuer
F.12 Identifier of operator of the trading platform
F.13 Language or languages of the white paper
F.14 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
F.15 Functionally Fungible Group Digital Token Identifier, where available
F.16 Voluntary data flag
F.17 Personal data flag
F.18 LEI eligibility
F.19 Home Member State
F.20 Host Member States
G. Part G - Information on the rights and obligations attached to the crypto-assets
Information on the rights and obligations attached to the crypto-assets
G.1 Purchaser Rights and Obligations
G.2 Exercise of Rights and Obligation
G.3 Conditions for Modifications of Rights and Obligations
G.4 Future Public Offers
G.5 Issuer Retained Crypto-Assets
G.6 Utility Token Classification
G.7 Key Features of Goods/Services of Utility Tokens
G.8 Utility Tokens Redemption
G.9 Non-Trading Request
G.10 Crypto-Assets Purchase or Sale Modalities
G.11 Crypto-Assets Transfer Restrictions
G.12 Supply Adjustment Protocols
G.13 Supply Adjustment Mechanisms
G.14 Token Value Protection Schemes
G.15 Token Value Protection Schemes Description
G.16 Compensation Schemes
G.17 Compensation Schemes Description
G.18 Applicable Law
G.19 Competent Court
H. Part H – Information on the underlying technology
Information on the underlying technology
H.1 Distributed ledger technology
H.2 Protocols and Technical Standards
H.3 Technology Used
H.4 Consensus Mechanism
H.5 Incentive Mechanisms and Applicable Fees
H.6 Use of Distributed Ledger Technology
H.7 DLT Functionality Description
H.8 Audit
H.9 Audit Outcome
I. Part I – Information on risks
Information on risks
I.1 Offer-Related Risks
I.2 Issuer-Related Risks
I.3 Crypto-Assets-Related Risks
I.4 Project Implementation-Related Risks
I.5 Technology-Related Risks
I.6 Mitigation Measures
J. Information on the sustainability indicators
Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
J.1 Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
Annex: Information about offerors, persons seeking admission to trading and operators of trading platforms
01 Date of notification
This white paper was notified to the Lithuanian Financial Supervisory Authority (hereinafter referred to as the “LT-FSA”) on 2025-02-18.
02 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 This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 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 The crypto-asset referred to in this white paper may lose its value in part or in full, may not always be transferable and may not be liquid.
05 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. The crypto-asset referred to in this white paper is not covered by the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.
06 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 offer documents pursuant to the applicable national law.This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.
07 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:
Exercise of Rights:
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.
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.
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.
Modification of Rights and Obligations:
08 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 CET to 24.06.2025 at 23.59 CET or (ii) until the total number of $DOJO offered to the public are effectively sold, whichever occurs first |
|
Minimum and maximum subscription amount |
Not applicable |
|
Issue price |
Amount of USD1 worth of $CHZ per $DOJO Token |
|
Subscription fees (if any) |
Not applicable |
|
Target holders of tokens |
Retail Investors (NIP Fans & 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. |
|
CASP responsible for placing the token (if any) |
Not applicable |
|
Form of placement |
Not applicable |
|
Admission to trading |
The Offeror is not seeking admission to trading of the $DOJO Token. |
Socios Technologies AG
AG (company limited by shares)
Gubelstrasse 11, 6300 Zug, Switzerland
Gubelstrasse 11, 6300 Zug, Switzerland
21/01/2021
A.6 Legal Entity Identifier
Not available. Funds raised during the public offer may be used to acquire one.
Business ID: CHE-219.335.797
+356 20607777
corporate@socios.com
090 (which indicates that responses will be given within 90 days).
HX ENTERTAINMENT LIMITED, C 77290, Malta
Purpose/Strategy/Vision
The vision of the Offeror’s Group 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.
Products/Services
The Socios.com Platform, operated by an Affiliate of the Offeror, 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.
Markets Served
Our 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.
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”.
No (the company has been established for more than three years).
Not applicable.
false – No. Since the issuer is the same as the offeror or the person seeking admission to trading, Part B does not apply.
Due to this white paper being drafted by the offeror of the crypto-asset, Part C does not apply.
$DOJO Token.
DOJO.
$DOJO.
$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.
|
Full Name |
Business Address |
Function |
|---|---|---|
|
Socios Services Baltics, UAB
|
Vilnius, Gedimino pr. 20, LT-01103
|
CASP- Providing custody and administration of CHZ for the benefit of EEA-based participants on behalf of the offeror as required under Article 10(3) point (b) of MiCA. |
|
Socios Technologies AG |
Gubelstrasse 11, 6300 Zug, Switzerland |
Fan Token offering promotion |
|
NIPG FZ LLC |
Community Hub, Yas Creative Hub, Building C40 Yas Island, Abu Dhabi United Arab Emirates
|
Fan Token offering promotion on their own account and in their own interest Ongoing marketing of $DOJO Token Integration efforts into native platforms |
|
NIPG FZ LLC |
Community Hub, Yas Creative Hub, Building C40 Yas Island, Abu Dhabi United Arab Emirates
|
Development and launch of utility benefits to be attached to the $DOJO Token.
|
|
Socios Technologies AG |
Gubelstrasse 11, 6300 Zug, Switzerland
|
To use its commercially reasonable efforts to support any utility benefits attached to the $DOJO Token developed and launched by NIPG FZ LLC, including the integration of any necessary technology, such as the Socios.com Platform and the Chiliz Chain
|
No ($DOJO is not a utility token as the utilities are not granted by the issuer as prescribed by article 3 of Regulation (EU) 2023/1114).
Not applicable.
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.
The $DOJO public offer targets retail investors, including NIP fans and members of the Chiliz Chain ecosystem community.
The $DOJO public offer is construed in a way where following Offering, STAG as issuer of the $DOJO token will retain the non-circulating supply and manage the portfolio of the non-circulating supply of the $DOJO tokens.
January–May 2025
May-June 2025
June 2025
June 2025-After the Offering
Q3 2025: Subsequent months
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
As outlined in D8, proceeds will be used in part to fund utility provisioning for the $DOJO Token, including the acquisition of ticketing, merchandise, and experiential prizing to be offered as rewards for token holders.
OTPC - offer to the public.
The $DOJO public offer is driven by the following objectives:
Not applicable.
No minimum goal.
No maximum goal.
No (if maximum subscription goal is reached, no more tokens are sold).
Not applicable.
The issue price is 1 USD, but payment is made in $CHZ, calculated based on the USD/CHZ exchange rate at the time of purchase.
E.9 Official Currency or Any Other Crypto-Assets Determining the Issue Price
$CHZ (Amount of $CHZ equivalent to 1 USD per $DOJO Token).
Not applicable.x this
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.
75,000 $DOJO tokens will be offered to the public.
‘RETL’ – retail investors.
Purchase limits
The initial public offering will be structured in three waves, each with specific purchase limits per individual purchaser:
Participation requirements
The Offering is only available to registered Socios.com Wallet users.
Restricted Jurisdictions:
The following geographical restrictions apply:
Individuals and entities located in jurisdictions::
(1) Democratic People’s Republic of Korea (DPRK), (2) Islamic Republic of Iran, (3) Myanmar
Purchasers participating in the offer to the public of crypto-assets will be able to be reimbursed if they exercise the right to withdrawal foreseen in Article 13 of Regulation (EU) 2023/1114 (only EEA-based purchasers) or if the offer is cancelled (all purchasers).
In the event that the public offer is cancelled, participants will be refunded their $CHZ tokens in full through the following mechanism:
In case of cancellation of the public offer, refunds will be commenced the following business day of the cancellation.
The public offer of $DOJO consists of the following phases:
Preparation and Compliance:
Pre-Marketing Activities:
2. Public Offer Phase (24 June 2025 at 14:00 CET – 24 June 2025 at 23:59 CET or until all offered $DOJO are sold, whichever comes first)
Fair-Launch public offer:
3. Post-Offer Phase and Token Distribution (25 June 2025 and forwards)
Final Token Allocation:
Token Liquidity:
Not applicable.
Yes (the offer is valid from (i) 24.06.2025 at 14:00 CET to 24.06.2025 at 23:59 CET or (ii) until the total of 75,000 $DOJO tokens offered to the public are fully subscribed, whichever occurs first).
2025-06-24 at 14:00 CET.
2025-06-24 at 23:59 CET or upon the subscription of the total of 75,000 $DOJO tokens is completed, whichever occurs first.
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:
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.
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:
Purchased $DOJO tokens will be transferred to holders as follows:
1. Smart Contract Distribution:
2. Pro-Rata Allocation:
3. Blockchain-Based Delivery:
4. Exclusivity of Socios.com Wallet:
Purchased $DOJO tokens will be transferred to purchaser according to the following schedule:
End of Public Offer:
The public offer closes on 2025-06-24 at 23:59 CET or upon the complete sale of the total 75,000 $DOJO offered to the public, whichever occurs first.
Refund Period:
EEA-based retail participants have until the end of subscription period to submit claims for their reimbursement in accordance with their withdrawal right.
Token Distribution Date:
The $DOJO tokens will be distributed to all purchasers who did not withdraw their purchase request and claimed a full refund, starting from June 25, 2025 at 12:00 CET, via an airdrop smart contract.
To participate in the public offer and receive $DOJO tokens, purchasers must meet the following technical requirements:
Not applicable.
Not applicable.
NTAV - Not applicable
Not applicable.
Not applicable.
Not applicable currently.
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.
No Additional Purchase Fees:
There are no additional fees or charges for purchasing $DOJO during the public offer.
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.
Law of Switzerland.
Regulation (EU) 2023/1114.
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.
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.
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.
However, 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.
The $DOJO Token is a community token with no financial rights or obligations—a purely engagement-focused crypto-asset built for fan interaction and token-gated experiences within the NIP ecosystem, notably The Dojo platform.
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.
OTHR
NEWT = New
1. General Characteristics:
2. Classification under MiCA (Regulation (EU) 2023/1114):
3. Functionality:
Primary Functionality:
Socios Technologies AG.
Not available.
2025-06-24 at 14:00 CET.
2025-05-22 (this refers to the date on which this white paper is published).
Socios Technologies AG does not currently provide any other services.
Not applicable.
English.
Not available. Funds raised during the public offer may be used to acquire one.
Not available. Funds raised during the public offer may be used to acquire one.
Mandatory (we had to draft this white paper).
No.
Eligible – funds raised during the public offer may be used to acquire one.
F.19 Home Member State
Lithuania.
Spain, Italy and Poland.
Rights of the Purchaser:
Obligations of the Purchaser:
Exercise of Purchaser Rights:
Procedure:
Condition:
Procedure:
Condition:
Procedure:
Condition:
Procedure:
Condition:
Technical Requirements:
Compliance with Contribution Limits:
Secure Wallet Management:
KYC/AML requirements adherence:
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 CET to 24.06.2025 at 23:59 CET 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.
Not applicable.
The issuer/offeror retains the reserve of non-circulating supply of $DOJO tokens, referring to the portion of $DOJO tokens that has not been made available in the public offering.
No.
Not applicable.
Not applicable.
False (Not sought or admitted to trading yet).
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.
How and Where $DOJO Tokens Can Be Purchased or Sold:
Decentralized Exchanges (DEXs):
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.
No.
Not applicable.
No.
Not applicable.
No.
Not applicable.
Law of Switzerland
Regulation (EU) 2023/1114.
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.
Protocols and Consensus Mechanisms:
1. Proof of Stake Authority (PoSA):
Technical Standards:
1. CAP-20 Token Standard (ERC-20 compatible):
2. Transaction Efficiency:
3. Secure Token Transfers:
Why These Standards Matter for $DOJO:
Technology Enabling Holding, Storing, and Transfer
1. Chiliz Chain-Compatible Wallets:
2. Decentralized Ledger:
3. SPL Token Standard:
4. Smart Contracts:
5. Blockchain Scalability:
Security Measures for Holding and Transfers
1. Private Key Management:
2. Cryptographic Integrity:
Please refer further to the information provided in section H.1 above.
Please refer further to the information provided in section H.1 above.
false – No (meaning that the DLT is not operated by the issuer or a third-party acting on the issuer’s behalf).
Please refer further to the information provided in section H.1 above.
Yes - this was conducted by Halborn.
H.9 Audit Outcome
The audit was conducted in December 2022 by Halborn, some risks were reported and were fixed by the team before the official launch of the Chiliz Chain mainnet in 2023. The contracts go through regular audits when new contracts are added or existing contracts are updated. The latest audit was also conducted by Halborn in line with the Dragon8 hard fork in June 2024.
Subject only to the limitations and requirements of MiCA and applicable mandatory statutes, each user of the crypto-asset as covered by this white paper acts in their own sole responsibility and at their own sole risk. All liability in regards to the risks mentioned herein is excluded, as far as legally permissible.
I.1 Offer-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.
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.
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.
1. Regulatory Risks:
Compliance with MiCA:
Jurisdictional Limitations:
2. Market and Liquidity Risks:
Volatility:
Liquidity Risk:
See I1.
See I1.
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:
J. INFORMATION ON THE SUSTAINABILITY INDICATORS IN RELATION TO ADVERSE IMPACT ON THE CLIMATE AND OTHER ENVIRONMENT-RELATED ADVERSE IMPACTS
J.1 Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
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General information |
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S.1 Name Name reported in field A.1 |
Socios Technologies AG
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S.2 Relevant legal entity identifier Identifier referred to in field A.6 |
LEI Not available. Funds raised during the public offer may be used to acquire one.
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S.3 Name of the crypto-asset Name of the crypto-asset, as reported in field D.2 |
$DOJO |
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S.4 Consensus Mechanism The consensus mechanism, as reported in field H.4 |
$DOJOis issued on the Chiliz Chain: The Chiliz Chain relies on a Proof-of-Staked-Authority (PoSA) consensus mechanism, which integrates elements of Proof-of-Authority (PoA) and Proof-of-Stake (PoS). In this implementation, a limited set of validators, currently capped at 12, take turns producing and validating blocks. Validators are selected based on the amount of $CHZ tokens (The Chiliz Chain’s native token) they staked on-chain.. This hybrid approach ensures rapid block times and cost-effective transactions while maintaining network security and integrity. Advanced security features, including double-sign detection and slashing mechanisms, are implemented to uphold the chain's stability and finality. |
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S.5 Incentive Mechanisms and Applicable Fees Incentive mechanisms to secure transactions and any fees applicable, as reported in field H.5 |
$DOJO is issued on the Chiliz Chain: On the Chiliz Chain, both validators and delegators are incentivized through a structured staking model. Validators are responsible for creating and validating blocks, and in return, they earn rewards derived from transaction fees and a portion of the network's inflationary token supply. Delegators, who may not run validator nodes themselves, can participate by delegating their $CHZ tokens to chosen validators. This delegation allows them to earn a share of the validators rewards proportional to the amount of $CHZ tokens delegated, thereby promoting broader community involvement and greater security. Transaction fees are low and encourage widespread participation and high volume of transactions. Additionally, the network has implemented a transaction fee burning mechanism inspired by EIP-1559 governance proposal, where a significant portion of the gas fees is burned at the protocol level, introducing a deflationary mechanism to $CHZ token supply. |
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S.6 Beginning of the period to which the disclosure relates |
2024-02-07 |
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S.7 End of the period to which the disclosure relates |
2025-02-07 |
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Mandatory key indicator on energy consumption |
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S.8 Energy consumption Total amount of energy used for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions, expressed per calendar year |
48.20178 kWh
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Sources and methodologies |
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S.9 Energy consumption sources and Methodologies Sources and methodologies used in relation to the information reported in field S.8 |
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.
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J.2 Supplementary information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
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Supplementary key indicators on energy and GHG emissions |
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S.10 Renewable energy consumption Share of energy used generated from renewable sources, expressed as a percentage of the total amount of energy used per calendar year, for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions. |
17.204390967 % |
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S.11 Energy intensity Average amount of energy used per validated transaction |
0.43658 kWh |
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S.12 Scope 1 DLT GHG emissions – Controlled Scope 1 GHG emissions per calendar year for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions |
0.00000 tCO2e/a |
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S.13 Scope 2 DLT GHG emissions – Purchased Scope 2 GHG emissions, expressed in tCO2e per calendar year for the validation of transactions and the maintenance of the integrity of the distributed ledger of transactions |
0,01623 tCO2e/a
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S.14 GHG intensity Average GHG emissions (scope 1 and scope 2) per validated transaction |
0.14702 kgCO2e |
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Sources and methodologies |
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S.15 Key energy sources and methodologies Sources and methodologies used in relation to the information reported in fields S.10 and S.11 |
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. |
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S.16 Key GHG sources and methodologies Sources and methodologies used in relation to the information reported in fields S.12, S.13 and S.14 |
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. |
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Name of the offeror(s), per- son(s) seeking admission to trading, or operator(s) of trading platforms, on whose behalf this explana- tion is issued |
Regulated status (if any) of the offeror(s), person(s) seeking admission to trad- ing, or operator(s) (authori- sation or registration to carry out financial services activity/ies) |
LEI (if applicable) |
EEA/Member State of establishment, branch or registered office (as applicable) |
Point of contact |
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Socios Technologies AG |
Not applicable |
Not available. Funds raised during the public offer may be used to acquire one.
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non-EU entity, Swiss registered company |
corporate@socios.com
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