Legal & Compliance
SWTT Terms of Use
SholtoWorks Time Token (SWTT)
Version 1.0 September 2026
Introduction
These Terms of Use govern the use of the SholtoWorks Time Token (SWTT), a non‑monetary, time‑based utility token issued by SholtoWorks Ltd.
By holding, receiving, redeeming, or interacting with SWTT, you agree to these Terms.
Nature of SWTT
SWTT is a digital time‑credit representing minutes of professional time provided directly by SholtoWorks.
SWTT:
- Has no monetary value
- Is not a currency
- Is not an investment
- Is not redeemable for cash
- Is not intended for trading or speculation
SWTT is used exclusively within the SholtoWorks ecosystem.
Eligibility
You may use SWTT if you have received SWTT directly from SholtoWorks, hold SWTT in a compatible digital wallet, and agree to these Terms.
SholtoWorks may refuse issuance or redemption at its discretion.
Issuance of SWTT
SWTT is never sold and cannot be purchased.
SWTT may be issued for:
- Productivity achievements
- Loyalty or engagement programs
- Participation in SholtoWorks initiatives
- Time‑tracking or reward systems
- Discretionary allocation by SholtoWorks
Redemption of SWTT
Redeeming SWTT burns the token permanently and grants access to time‑based services.
Redemption:
- Is performed by calling the burn() function
- Requires a compatible digital wallet
- Is subject to availability of booking slots
- Does not involve monetary payment
- Does not create financial obligations
Redemption is treated as a service booking, not a financial transaction.
No Monetary Value
Any attempt to assign monetary value to SWTT is invalid.
SWTT:
- Cannot be exchanged for money
- Cannot be used to purchase goods or services outside SholtoWorks
- Cannot be traded on exchanges
- Cannot be used as a medium of exchange
Transferability
SWTT may be transferred between wallets only for gifting, collaborative work, internal allocation, or shared time‑based projects. Transfers must not involve money or financial consideration.
Prohibited Uses
Any prohibited use may result in revocation of SWTT privileges.
You agree not to:
- Sell SWTT
- Buy SWTT
- Trade SWTT
- Market SWTT as an investment
- Use SWTT for financial gain
- Attempt to list SWTT on exchanges
- Misrepresent SWTT's purpose or value
No Financial Advice
SWTT is not a financial product. Nothing in the SWTT ecosystem constitutes financial advice, investment advice, legal advice, or tax advice.
Users are responsible for their own understanding of SWTT's non‑monetary nature.
Limitation of Liability
SWTT is provided as is without warranties.
SholtoWorks Ltd is not liable for:
- Loss of SWTT due to user error
- Wallet misconfiguration
- Private key loss
- Blockchain network issues
- Third‑party wallet failures
- Smart contract interactions outside our control
Modification of Terms
SholtoWorks may update these Terms at any time. Changes will be published on sholtoworks.com.
Continued use of SWTT constitutes acceptance of updated Terms.
Contact
For questions regarding SWTT Terms of Use:
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