📃Legal

Fungiball is a gaming platform that strictly complies with French legal regulations, particularly regarding online gaming and digital transactions. In accordance with JONUM jurisprudence (Jeux en Ligne Non Monétaires), Fungiball is not classified as a gambling platform under French law, as the digital assets exchanged within the platform cannot be directly converted into fiat currency and do not allow users to receive random monetary winnings.

The JONUM jurisprudence emerged with the rise of fantasy games integrating blockchain technology, such as Sorare, which established a legal precedent in France by demonstrating that this gaming model does not fall under gambling laws, as long as it does not involve a financial wager with a chance-based expectation of monetary gain. Fungiball operates within this same framework, ensuring compliance with French and European regulations.

The platform operates within a transparent and regulated framework, in accordance with the provisions of the Monetary and Financial Code, as well as European regulations applicable to digital services and digital assets. The following principles are strictly applied:

• No Gambling or Randomized Winnings: Fungiball does not operate on a gambling mechanism involving an initial financial stake with an expectation of monetary gain. The platform is built around a gameplay ecosystem where digital assets are used exclusively within the game.

• Compliance with Consumer Protection Laws: Fungiball ensures full transparency regarding its operations, terms of use, and user rights, in accordance with the French Consumer Code and the General Data Protection Regulation (GDPR).

• Regulation of Digital Assets: The digital assets used in Fungiball are exclusively intended for in-game use and cannot be exchanged for fiat currency outside the platform. This ensures the absence of financial speculation and reinforces the project’s compliance with existing regulations.

Fungiball positions itself as an innovative and legally compliant platform, fully aligned with technological advancements while providing a secure and transparent legal framework for its users and partners.