Public testnetc12-testnet-1Launch target: public testnet for investor diligence (no mainnet, no public token sale). C12 is protocol collateral and gas, not equity.
Legal

Communications boundaries

Product constraints engineering and BD must not violate. Not legal advice. Counsel may tighten further in the chain repo.

Authoritative policy: docs/counsel/03-communications-policy.md

No physics verification

Do not claim the chain verifies physical measurements, meters, labs, or real-world truth. The ledger records attestations and makes lying expensive via deposits, checking, reputation, and court.

J is not transferable

Do not describe J as a transferable investment token or confuse J with C12.

C12 is not equity

Do not describe C12 as equity in the network, a share of Labs, or governance power. Validators vote one-each under ADR-0006.

Bootstrap price is not valuation

Do not present devnet faucet C12 or bootstrap oracle $1 per C12 as valuation, listing price, or official FDV.

No public token sale

Do not market a public token sale under ADR-0002 Path B. The raise is equity cash plus warrant rights.

What the chain is

Consortium-validated environmental accounting ledger with bonded checking.

What C12 is

Protocol collateral and gas for deposits, stakes, bonds, and pools.

What J is

Non-transferable claim ledger units from supply attestations.

  • No physics-verification claim
  • C12 vs J separated in copy
  • Path B described as equity plus warrant, not an ICO
  • No devnet faucet or $1 bootstrap cited as economics
  • Admission described as KYC application then consortium activation
  • Node operators described as permissioned equal-power validators