Disclaimer / Terms & Conditions
The Future of Wealth is Private, Trust-Based, and Member-Governed.
⚠️ DISCLAIMER
GALACTIX is a private member-based community trust. Access to our platform, content, and digital products (including NFTs) is by invitation only and for educational, informational, and membership utility purposes. Nothing presented on this site constitutes financial, legal, or investment advice. The GALACTIX NFT is a digital certificate of membership benefits, not a security or financial instrument.
By participating in this community, you affirm your understanding that:
- You are not purchasing with the expectation of profit derived from others’ efforts.
- You are joining a private trust-based membership, not investing in a public offering.
- This site and its members operate strictly under private contract and trust equity law, not within the framework of public statutory systems.
- Membership is voluntary. DYOR (Do Your Own Research). Use at your own discretion
TERMS & CONDITIONS
GALACTIX DAO TRUST – Private Member Association Bylaws
**PREAMBLE**
These Bylaws govern the structure, operations, and membership rights of GALACTIX DAO
TRUST, a Private Member Association (PMA) and blockchain-based decentralized
autonomous organization (DAO) established under the jurisdiction of private trust and equity
contract law. These Bylaws are binding upon all members who purchase or hold a GALACTIX
NFT, which serves as their membership certificate.
**SECTION 1 – FORMATION**
GALACTIX DAO TRUST is established as a Private Member Association (PMA) operating
under private contract and common law principles. Its purpose is to build a private global
community of strategic investors, entrepreneurs, and visionaries with a shared interest in
technology, finance, and decentralized systems. This Association is not a public organization,
does not operate under public jurisdiction, and claims all rights reserved without prejudice.
**SECTION 2 – MEMBERSHIP AND NFT OWNERSHIP**
Membership in the DAO is conferred upon the purchase of a GALACTIX NFT. Each NFT
serves as a membership certificate and beneficial interest in the private trust. NFTs are not
investment contracts, securities, or financial instruments. They are exclusively private digital
property under contract law. Members agree to be bound by these Bylaws and any
subsequent amendments ratified by DAO consensus.
**SECTION 3 – GOVERNANCE**
Governance decisions shall be made via smart contract voting mechanisms. One NFT equals
one vote. Proposals may be submitted by any member and shall be reviewed by the Trustee
Council. Passage requires a minimum quorum and majority vote, unless otherwise specified.
**SECTION 4 – TRUSTEE COUNCIL**
A Trustee Council shall oversee the implementation of proposals and ensure fiduciary
responsibility is upheld. The Council may consist of founding members, community-elected
representatives, and subject matter experts. Trustees are bound by fiduciary duty to the DAO
and its members.
**SECTION 5 – VESTING & ROYALTIES**
All NFTs are subject to a 24-month vesting period. One NFT from Phases 1 and 2 will be
released when 50% of public NFTs are sold. One NFT for team members will also be
released at that time. Founders’ NFTs will not be released until the full 24-month term has
passed. Royalties from NFT sales are split: 10% to GALACTIC TRUST, 90% to the DAO Treasury.
**SECTION 6 – TREASURY & USE OF FUNDS**
DAO funds shall be used exclusively for purposes voted on by members including—but not
limited to—crypto asset acquisition, project investments, operations, and member services. All
expenditures shall be recorded transparently and subject to audit.
**SECTION 7 – LEGAL STRUCTURE & PRIVACY**
The DAO exists outside the jurisdiction of public regulatory agencies. It operates under trust
and private contract law. Members acknowledge their participation is voluntary and governed
solely by private agreement. The DAO makes no claims of offering financial products or public
securities.
**SECTION 8 – AMENDMENTS**
These Bylaws may be amended by proposal and majority vote of the DAO, subject to quorum
requirements. All members shall be notified via the member platform. Amendments take effect
immediately upon confirmation via smart contract.
**SECTION 9 – DISSOLUTION**
In the event of dissolution, assets held by the DAO shall be distributed proportionally to vested
NFT holders according to a final vote by members. The dissolution process shall be
conducted with transparency and audited by an independent third party if required.
By holding a GALACTIX NFT, each member agrees to be bound by these Bylaws and to
operate under the jurisdiction of private trust and equity contract law. All rights reserved.
Without prejudice.
1. Private Membership Association Disclosure
By purchasing the GALACTIX NFT, the Purchaser affirms their voluntary election to become a private
member of the GALACTIX DAO Private Membership Association.
The GALACTIX DAO is a non-public, private organization formed under contract, trust, and equity law,
and operates exclusively under private agreement and outside the jurisdiction of public regulatory
agencies.
The Purchaser affirms that all participation in the DAO is private, consensual, and non-commercial in
the statutory sense.
2. Nature of the NFT
The GALACTIX NFT represents a private membership certificate, which entitles the Purchaser to
certain non-financial membership rights, such as access to private DAO activities, voting, governance
proposals, content, community events, and utility-specific access as outlined in DAO bylaws.
The GALACTIX NFT does not represent a security, investment contract, share of ownership, or any
instrument regulated by securities laws.
The Purchaser acknowledges and agrees that the NFT is not being offered or sold for investment
purposes, and no representation is made regarding the future value, resale market, or financial
performance of the NFT or of the DAO.
3. No Profit Expectation or Guarantee
The Purchaser expressly acknowledges that they are not purchasing the NFT with any expectation of
profit; there is no express or implied guarantee of increase in value; and no representations have been
made regarding financial gain, dividends, royalties, or resale profits.
Any future resale, royalty, or appreciation in the perceived value of the NFT is purely speculative and
not promised, promoted, or controlled by GALACTIX DAO or its Trustees.
4. Private Contract Law Governance
This Agreement is a private contract between the Purchaser and the Association, and shall be
governed solely by the principles of equity, contract law, and trust law.
The parties waive the applicability of public commercial code (UCC), statutory securities regulations, or
administrative oversight, to the extent legally permissible.
All disputes shall be resolved privately via binding arbitration or equity court as defined in the
Association’s bylaws.
5. Restrictions on Transfer
Purchaser agrees that the NFT may not be sold, transferred, or assigned to any third party without
agreement to the same private membership terms.
All secondary transfers must preserve the private nature of the NFT and adhere to DAO resale policies,
if applicable.
Founders and early team members are subject to a vesting schedule of 24 months, and may not
transfer or claim NFTs prior to meeting vesting milestones as outlined in internal governance
documentation.
6. Assumption of Risk
Purchaser acknowledges that participation in private DAOs involves novel legal, technical, and financial
structures, and they assume full responsibility and risk in acquiring, holding, and interacting with their
NFT.
No fiduciary duty, agency, or financial advisory relationship exists between the DAO or its Trustees and
the Purchaser.
7. Confidentiality & Non-Disclosure
Purchaser agrees to keep confidential all private materials, member-only content, strategies, and
operations shared within the DAO, unless express written consent is provided by the Trustees.
8. Entire Agreement & Execution
This Agreement represents the entire understanding between the parties with respect to the subject
matter hereof.
By executing this Agreement and/or purchasing a GALACTIX NFT, Purchaser certifies that they have
read and understood the Agreement, are acting of their own free will, and have not relied on any public
solicitation or investment offering.