A4. Compliance
Core Principle
Users should know who they're dealing with, what they're buying, and why money moved. Rule: No proof. No token. No payment. Everything enforces this standard.
Eligibility & Onboarding
Who can use EDMA — Verified individuals and companies that pass KYC/KYB and sanctions screening.
Geographic coverage — We accept users from supported countries. Sanctioned persons, regions, and jurisdictions our counsel prohibits are blocked.
U.S. requirements — Public token sales are for non-U.S. persons. U.S. accredited investors access tokens through a private process that issues restricted holdings (see Transfer Rules).
Identity, AML & Sanctions
We verify identity through ID documents, company registration, and authorized signers. All accounts undergo sanctions screening and PEP checks. Large or unusual activity may trigger additional verification requests. We maintain legally required records but don't sell user data.
Listing Requirements
Every token listing must pass three checks:
PoV badge — Asset exists only after independent verification.
One-Claim — The same unit cannot be listed or sold twice anywhere on EDMA.
Clean trail — Sufficient detail for buyers to understand what, where, when, and how verification occurred.
Failure on any check—or later revocation—auto-freezes the listing.
Buyer Disclosures
Before purchase, buyers see:
Asset type: energy (1 MWh), carbon (1 tCO₂e), or hourly attribute
Location & timing: region/facility or anonymized region, period/vintage
Verification: attestor roles, method/program, timestamp, One-Claim link
Costs: price, marketplace fee, fee allocation, net to seller
Actions: Buy (take custody) or Retire now (immediate retirement receipt)
Evidence & Privacy
Raw evidence (documents, photos, logs) stays off-chain under access control. Only hashes and receipts go on-chain. Where programs or regulators require inspection, we grant controlled access through selective disclosure.
For cold-chain routes, temperature logs must stay within range. Out-of-range lots don't list.
Revocations & Freezes
If attestations are revoked or expire, affected tokens and listings freeze automatically. We display the reason and remediation path. If issues can't resolve quickly, buyers receive refunds and lots are delisted.
Frozen tokens remain visible in balances with clear flags but cannot trade until cleared.
Market Conduct
Prohibited activities include spoofing, wash trades, fake demand, multiple undisclosed accounts per entity, and side deals contradicting listing terms. We review unusual patterns. Serious abuse results in account suspension.
Taxes & Reporting
Sellers handle their own taxes and program fees. EDMA provides exportable receipts (CSV/PDF) and public Explorer pages per settlement or retirement. ESG buyers get one-click proof packs containing who/what/when/where/how much plus PoV and One-Claim links.
Energy & Carbon Program Requirements
Program identification — Listings must show relevant programs or methodologies (SREC/SMART, VCM methods).
Retirement finality — Once retired, units lock permanently to the buyer with receipt.
Registry mapping — Where required, we map token serials to registry IDs. Registry revocations trigger token freezes.
Transfer Rules
Some holdings are restricted (e.g., U.S. private sales). Wallets display Vested and Tradable balances separately.
Tradable means vested and past legal unlock dates. Until then, public resale is blocked via whitelist controls.
Non-U.S. Regulation S holdings may have restricted U.S. resale periods enforced through transfer controls.
Custody Integrity
Users hold tokens in personal wallets or with custodians. Holdings display type, quantity, region/method, vintage, PoV/One-Claim links, and action buttons (sell/retire).
Proof revocations flag holdings—still visible but immobile until resolved.
APIs, Webhooks & Audit
APIs provide access to balances, listings, settlements, and retirements. Webhooks notify on status changes: listed → reserved → settled/retired and frozen/unfrozen. Monthly statements and CSV exports support finance and audit systems.
Governance & Appeals
Clear appeal paths exist for freezes and delistings through evidence-first review. Route rules (fees, minimums, quality standards) can be adjusted by governance within safe parameters. Core rules remain fixed: No proof. No token. No payment. No double-counting.
Prohibited Listings
We don't list:
Assets failing PoV or One-Claim checks
Assets with unclear legal rights or brand authorization
Assets from sanctioned regions or blocked parties
Assets requiring licenses we don't hold
Last updated