LEGITY, Digital Legitimacy

FAQ

Clear answers.

A short guide to LGTY, the PRE-TGE, and what this offer is and is not.

LGTY FAQ

Common questions

What is LGTY?

LGTY is a fungible crypto-asset (ticker LGTY) planned to operate as an ERC-20 token on Ethereum. You can buy, hold, transfer and trade it like any other token. It also lets holders voluntarily register legitimacy on-chain, separating rightful ownership from mere technical control. The issuer and offeror is Recrypter Technologies SL (Spain).

What is the PRE-TGE?

The PRE-TGE is a public offer made before the Token Generation Event (TGE). During the PRE-TGE you do not receive LGTY: you acquire a contractual right to receive LGTY at the TGE, under the conditions described in the white paper.

When does it happen?

The formal white paper will be notified to the CNMV around September 2026, the PRE-TGE campaign opens in October 2026, and the TGE is planned for March 2027. These dates are working estimates and may change.

What do I get, and when is LGTY delivered?

PRE-TGE participants obtain a right to receive LGTY at the TGE. LGTY does not unlock at the TGE: a three-month cliff applies from launch, after which it releases in equal monthly steps over the following nine months, fully vested twelve months after the TGE. The schedule is the same for every participant.

Is LGTY an investment?

No. LGTY is a crypto-asset, not a financial instrument, and holding it confers no shares, voting, dividends, interest or redemption rights against the issuer. Before acquiring it, be aware that it may lose part or all of its value, may not always be transferable, may not have sufficient liquidity, and is not covered by investor-compensation or deposit-guarantee schemes. Nothing on this site is investment advice or a promise of value or return.

What is legitimacy, and what is restitution?

Registering legitimacy is an optional, on-chain action that binds rightful ownership to a position. When legitimacy is registered, the asset's own rules may enable protection, including the potential restitution of a compromised position. Restitution is a rule-based capability that runs autonomously, without the issuer.

When does restitution work?

Restitution is a capability built into the asset's rules and demonstrated end-to-end on Ethereum's Sepolia test network, but it operates only when the conditions set by those rules are met. It is not operational before the TGE, and it depends on the final contract and independent audits. Full conditions are in the white paper.

Doesn't recovery like this already exist?

No. Nothing today does what LEGITY does. What exists are partial answers to the same problem of losing control of your coins, and not one of them depends on you alone. An issuer can freeze an address, or burn coins and reissue them by court order. An admin key can pull coins out of any wallet. An exchange can lock an account, but only while the coins sit there. A wallet can restore a lost key, never stolen coins. In the extreme, the whole network can rewrite its own history. Each fixes one slice of the problem, and each puts an issuer, an admin, an exchange or the network in charge. LEGITY runs on digital legitimacy: ownership written on-chain, with recovery built into the coin itself, where only the rightful owner can set it in motion. No company holds a key over your coins, no one can freeze or seize them, and the ledger is never rewritten. That combination does not exist today.

Do I need a wallet to join the waitlist?

No. Joining the waitlist only asks for an email address, an optional name, and consent to receive updates. No wallet, payment or commitment is required.

Has this been approved by the CNMV or under MiCA?

No crypto-asset offer can be "approved" by the CNMV or any EU authority under MiCA; that kind of approval does not exist in this framework, for any project. Before LEGITY is offered to the public, the formal crypto-asset white paper will be notified to the CNMV, as MiCA requires for a public offer. Notification is not approval, and nothing on this site has been approved by any competent authority.

What should I know before acquiring LGTY? (Risk warning)

LGTY is a crypto-asset. Before acquiring it, be aware that it may lose part or all of its value, may not always be transferable, may not have sufficient liquidity, and is not covered by investor-compensation or deposit-guarantee schemes. Nothing on this website is an offer, a solicitation, or investment advice, nor a prospectus under Regulation (EU) 2017/1129. Issuer and offeror: Recrypter Technologies SL (CIF B22859052), Spain.

Who is behind LGTY?

The issuer and offeror is Recrypter Technologies SL, a company incorporated in Spain (CIF B22859052) and certified as a startup by ENISA. Recrypter does not act as custodian: holders are responsible for their own keys and wallets.

Why is LEGITY being launched by a startup?

Because invention needs a vehicle that can move fast and take risk. A startup can raise the initial funding, build the protocol, commission independent audits and bring LGTY to launch. LEGITY is created by Recrypter Technologies SL, and that is deliberate: a company is the right instrument for engineering and launching. It is not necessarily the right instrument for owning public infrastructure forever.

Will Recrypter Technologies always control LEGITY?

No. That is the whole point. LEGITY is built on the idea that legitimacy should not depend on who holds control, and that applies to a private company as much as to a private key. Our plan is that, at the TGE, stewardship of the protocol moves to an independent, non-profit foundation. The foundation's exact legal form and jurisdiction are being finalized ahead of the TGE; the direction is settled.

Why do you intend to create an independent foundation?

Because a protocol whose purpose is to protect legitimacy should not depend on any single private owner. An independent foundation will steward the protocol's neutrality, its audits and its evolution, and work to keep it from being captured. Importantly, the foundation will not decide who is a legitimate owner: the legitimacy protocol runs autonomously, autonomous even from the foundation. It safeguards and evolves LEGITY; it does not arbitrate individual legitimacy.

Is an independent foundation unusual for a protocol?

No. It is a recognised path for foundational protocols: the early work is done by a company, and stewardship later sits with an independent institution. Ethereum, for example, moved from a company to the Ethereum Foundation. We take that as precedent, not as a model to copy: LEGITY's structure will be its own.

What will the company's role be once the protocol matures?

Recrypter Technologies builds LEGITY and expects to keep contributing to it. The plan is not that the company disappears, but that ultimate stewardship of the protocol rests with an independent foundation rather than with any single private firm. The company creates the innovation; the ecosystem should own the protocol's future.

How will PRE-TGE funds relate to the foundation?

Part of the proceeds raised in the PRE-TGE is earmarked to formally establish the LEGITY Foundation in a jurisdiction with a strong, well-established legal framework. The full use of proceeds is set out in the white paper.

How can I contact the team?

By email at info@legity.org. It is the official contact channel for questions about LGTY, the PRE-TGE, the waitlist, and press or partnership enquiries.

Where can I read the full details?

The LEGITY white paper sets out the full terms, tokenomics, risks and legal classification. Request it from the Whitepaper page.