# MiCAR White Paper

### About This Section

This section links to the official MiCAR-compliant White Paper for the [$TKFG utility token](https://docs.tokenforge.io/tkfg-litepaper/ecosystem/editor) and provides important regulatory context.

The MiCAR White Paper serves as the authoritative legal document outlining the structure, function, rights, obligations, and risks associated with the [$TKFG token](https://docs.tokenforge.io/tkfg-litepaper/ecosystem/editor). It has been prepared in accordance with the Markets in Crypto-Assets Regulation (MiCAR) and is legally binding for all public communications, including presale materials.

While this GitBook offers a comprehensive overview of the [$TKFG ecosystem](https://docs.tokenforge.io/tkfg-litepaper/ecosystem), **final terms, conditions, token allocations, and risk disclosures are governed by the MiCAR White Paper.**

### MiCAR Classification and ESMA Filings

Under MiCAR, crypto-assets are divided into distinct categories:

* Asset-Referenced Tokens (ART)
* E-Money Tokens (EMT)
* Other Crypto-Assets

The $TKFG token falls into the third category: **"Other crypto-assets"**. This classification means it is not a stablecoin, payment token, or security, but a utility token with specific functions within the tokenforge ecosystem.

To meet disclosure obligations under Article 6 of MiCAR, [$TKFG](https://docs.tokenforge.io/tkfg-litepaper/ecosystem/editor) is filed in the ESMA register for "other crypto-assets."

<table data-view="cards"><thead><tr><th></th><th data-hidden data-card-cover data-type="files"></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td>This is the authoritative legal document for the $TKFG token under MiCAR.<br>Please refer to it for all binding terms and conditions.</td><td><a href="https://3206346186-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8uOdEFAbLBd77lKt9qSO%2Fuploads%2FP0eAt2tqCLsmN5eOzrTb%2FWhitepaper.png?alt=media&#x26;token=f0ce8e4a-b9ae-4117-9e60-ea1125f1609f">Whitepaper.png</a></td><td><a href="https://www.tokenforge.io/tkfg-micar-whitepaper">https://www.tokenforge.io/tkfg-micar-whitepaper</a></td></tr><tr><td>The $TKFG token is registered with ESMA under the MiCAR framework.<br>View the official listing and status via the ESMA registry.</td><td><a href="https://3206346186-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8uOdEFAbLBd77lKt9qSO%2Fuploads%2F2KoRxjpidATtuZmElQy6%2Fesma.png?alt=media&#x26;token=a7164534-961d-4a01-a07c-644303c4a679">esma.png</a></td><td><a href="https://www.esma.europa.eu/sites/default/files/2024-12/OTHER.csv">https://www.esma.europa.eu/sites/default/files/2024-12/OTHER.csv</a></td></tr></tbody></table>
