What you need to know

What you receive

A fragment of a Robinhood Stock Token. It is not a share. It is a tokenised debt note, issued by Robinhood Assets (Jersey) Limited, giving you economic exposure to the corresponding listed value: no voting right, no title of ownership. Dividends and splits are handled by a multiplier written on-chain.

SPOT issues nothing. The vault buys these tokens in advance and hands them out in small fragments. Nothing is minted, ever.

Where we do not play

Robinhood Stock Tokens are not offered to people residing in the United States, Canada, the United Kingdom or Switzerland, nor to persons and countries under OFAC sanctions. SPOT enforces these restrictions at the door, on the network address, and asks every player to confirm they are not a US person. There is no way to continue otherwise, and we will not offer one.

What this is not

SPOT is a collecting game. Fragments are small, around fifty cents per sighting. No promise is made about their future value, and nobody here advises anyone on anything.

What the contract guarantees

• a fixed daily budget, decided the day before, never exceeded;
• an inventory readable by anyone, at all times, on the proof-of-reserve page;
• code deployed once and for all: no proxy, no upgrade;
• a signed claim voucher that always executes, whatever the team does.

The detail of these choices is in LEGAL.md and SECURITY.md, published with the code.