Legal Framework

1. Information We Collect

We collect information you provide directly to us, such as when you create an account, complete KYC verification, or contact support. This may include your name, email address, phone number, government ID, and proof of address.

2. How We Use Your Information

We use the information we collect to provide, maintain, and improve our services, to process transactions, to verify your identity, to communicate with you, and to comply with legal obligations.

3. Information Sharing

We do not sell your personal information. We may share your information with third-party service providers who assist us in operating our platform, conducting our business, or servicing you, as long as those parties agree to keep this information confidential.

4. Data Security

We implement reasonable security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, no method of transmission over the Internet or electronic storage is 100% secure.

5. Your Rights

You have the right to access, correct, or delete your personal information. You may also object to or restrict certain processing of your data. To exercise these rights, please contact us at privacy@maliyon.ae.

1. Investment Risks

Investing in tokenized assets involves substantial risk, including the potential loss of principal. Past performance does not guarantee future results. You should carefully consider whether such investments are suitable for you in light of your financial condition and ability to bear financial risks.

2. No Professional Advice

The information provided on our platform does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should consult with qualified professionals before making any investment decisions.

3. Regulatory Compliance

Maliyon operates in compliance with Dubai Financial Services Authority (DFSA) regulations. However, it is your responsibility to ensure that your use of our platform complies with all applicable laws in your jurisdiction.

4. Forward-Looking Statements

Any statements regarding future performance, expected returns, or projected outcomes are forward-looking statements and involve risks and uncertainties. Actual results may differ materially from those projected.

1. DFSA License

Maliyon is licensed by the Dubai Financial Services Authority (DFSA) to operate a platform for dealing in investments, with specific approval for security token offerings. Our license number is DFSA-MLY-2024-001.

2. Anti-Money Laundering (AML)

We maintain a comprehensive AML program that includes customer due diligence, transaction monitoring, and reporting of suspicious activities to the appropriate authorities. All investors must complete KYC verification before participating in any offerings.

3. Know Your Customer (KYC)

Our KYC process requires government-issued ID verification, proof of address, and in some cases, accredited investor verification. This helps us prevent fraud and ensure compliance with regulatory requirements.

4. Sharia Compliance

Our tokenization structure has been reviewed and certified by the Sharia Advisory Board, confirming compliance with Islamic finance principles including asset-backing, profit-sharing, and prohibition of interest-based returns.

1. Market Risk

Real estate markets can be volatile and subject to fluctuations based on economic conditions, interest rates, and other factors. Property values may decline, resulting in losses for token holders.

2. Liquidity Risk

While we provide a secondary market for token trading, there is no guarantee that you will be able to sell your tokens at any particular time or at a favorable price. Secondary market liquidity depends on buyer demand.

3. Regulatory Risk

Changes in laws or regulations could adversely affect our business operations or the value of tokenized assets. This includes potential changes in securities laws, tax laws, or blockchain regulations.

4. Technology Risk

Our platform relies on blockchain technology, which may be subject to security vulnerabilities, network congestion, or other technical issues. Smart contracts, while audited, could contain bugs or exploits.

5. Operational Risk

Property management, tenant issues, or other operational factors could affect rental income and distributions. We maintain professional property managers to mitigate these risks.

1. DAO Structure

The Maliyon DAO enables token holders to participate in governance through on-chain voting. Voting power is proportional to MLY tokens staked in the governance contract.

2. Proposal Process

Token holders can submit proposals for new asset acquisitions, protocol upgrades, treasury allocations, and other governance matters. Proposals require a minimum of 100,000 MLY tokens to submit and undergo a 7-day voting period.

3. Multi-Signature Treasury

The platform treasury is controlled by a multi-signature wallet requiring 3 of 5 authorized signatories to approve transactions. Signatories are elected by the DAO annually.

4. Dispute Resolution

Any disputes arising from platform operations are first addressed through the DAO governance process. Unresolved disputes may be referred to arbitration in accordance with DIFC-LCIA rules.