# ❓FAQs

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<summary>How did you legally structure the tokenization?</summary>

### 1. 🇵🇦 Nambi Sanctuary Foundation

We established a Panama-based Private Interest Foundation (PIF) to serve as the legal personality entitled to the mangrove, ensuring its perpetual conservation. The PIF offers similar protection to a trust while providing the same level of business flexibility as a commercial entity.

### 2. 🇻🇬 Nambi Sanctuary Technologies Ltd

We established a SPV in the British Virgin Islands owned by the PIF. This entity also serves as the sole beneficiary of the Foundation. The SPV facilitates asset tokenization under the BVI's robust digital asset legal framework, ensuring streamlined investor protection.

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<summary>What is the Legal Status of the NAMBI token?</summary>

NAMBI has been structured as an asset-backed token in accordance with international best practices regarding digital assets with social and environmental purposes. Its design avoids any expectation of financial return and focuses exclusively on enabling the voluntary and conscious participation of individuals and organizations in a traceable, transparent, and technologically advanced ecological conservation model.

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<summary>Are there any fees associated with the NAMBI token?</summary>

There are no fees associated with the NAMBI token, removing barriers and allowing everyone to participate. The project is self-sustaining through diverse income streams, including token sales, scientific funding, donations, and payments for ecosystem services, ensuring democratized accessibility for all participants by waiving all fees and emphasizing ecological impact over profit generation.

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<summary>Are historical transaction records of NAMBI on-chain verifiable?</summary>

Yes. All historical transaction records related to the minting and transfering of NAMBI tokens are available on-chain with details available on the corresponding blockchain explorer.

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