Whitepaper · v1.0 · September 2025

C42 Token Whitepaper

Publisher: CyTel42 (Program Operator) · Official site: c42token.com

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1. Introduction

C42 is a program-based reward token issued in connection with the ClaimBack42 initiative, a whistleblower-driven platform for registering and pursuing claims for restitution. The token functions as a non-financial program reward that recognizes eligible contributions to the ClaimBack42 ecosystem, such as accepted claim submissions and verified recoveries. C42 is not an investment, e-money, or a stable token, and does not carry any redemption, peg, or profit promises.

2. Purpose & Philosophy

• Recognition: acknowledge verified contributions to the program.
• Utility: provide discretionary access to program features (early access, gated updates, tools).
• Transparency: clearly governed issuance, caps, and public documentation (no hype or price talk).

3. Utility & Use Cases

C42 provides non-financial, discretionary utilities within the ClaimBack42/CyTel42 ecosystem, which may include:

• Early access to claim statistics and analytics
• Private monitoring dashboards and contributor badges
• Allow-listed pilots and community initiatives
• Partner perks or discounts (jurisdiction-permitting, non-custodial)

Utilities may vary by jurisdiction, may require verification, and can change without notice.

4. Issuance Logic

4.1 Triggers

• Verified claim registrations (post-eligibility/fraud checks)
• Recovery milestones (e.g., successful payout confirmations)
• Program/community contributions (e.g., valid tips, moderation)

4.2 Validation & Controls

• Eligibility review (manual/automated)
• Sanctions screening (e.g., EU/UN/OFAC)
• Fraud prevention, rate limiting, issuance caps
• Discretionary allocations per Program Terms

Rewards are not guaranteed. Issuance is discretionary and governed by the Program Terms.

5. Token Economics

Name: C42 Token · Symbol: C42 · Type: Non-financial program/reward token

Standard: Off‑chain program ledger and/or optional on‑chain mirror (non‑custodial, if used). Network (if applicable): TBD.

5.1 Supply Allocation

Issuance occurs only in response to eligible program events and within defined caps.

6. Regulatory Position

C42 is designed as a utility/reward token for program use only. It does not represent a claim, share, right to profits, e‑money, or a store of value; it does not include redemption, peg, stability, or passive income features. No investment promotion, public sale, or price talk is conducted.

• No redemption or stability/peg claims
• No dividends, yield, or buyback promises
• Terms-gated access and controls
• Restricted jurisdictions and sanctions screening
• Optional KYC/geo controls where required

7. Program Terms

All issuance and utilities are governed by the C42 Program Terms, including eligibility, fraud/collusion policy, privacy, misuse and clawback, notification, and dispute procedures.

8. Risk Factors

• No market value: C42 may never be listed, traded, or hold economic value.
• No redemption: C42 cannot be exchanged for money, goods, or services unless explicitly enabled.
• Jurisdictional restrictions: users may be excluded due to AML/CFT or sanctions obligations.
• Program changes: utilities and rules may evolve; allocations are discretionary.
• Security: best practices apply, yet code or process flaws may exist.

9. Versioning & Changelog

All updates to this whitepaper and to program parameters are recorded on a public Changelog with dates and diff notes.

Document hash (SHA‑256): [to be inserted after PDF export]

10. Contact & Governance

• Program Operator: CyTel42
• Token Docs: c42token.com
• ClaimBack42 Platform: claimback42.com
• Contact for Regulators: legal@cytel42.com
• Whistleblower Submissions: whistle42.com