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VGTel Inc. Meme Coin Whitepaper

Introduction

VGTel Inc. is excited to introduce its meme coin, a community-driven digital asset inspired by internet culture, trends, and social engagement. Our meme coin is designed to foster an enthusiastic online community that engages in trading, entertainment, and digital interactions. Unlike traditional cryptocurrencies focused on utility and enterprise solutions, our meme coin embraces the speculative and cultural nature of digital collectibles.

Purpose and Vision

The VGTel meme coin is created purely for entertainment, community engagement, and social interaction. It serves as a digital collectible with no expectation of generating income, dividends, or financial returns. Our goal is to provide a fun and interactive digital asset that allows users to participate in online trends and digital culture.

Key Characteristics of the VGTel Meme Coin

 • Entertainment-Driven: The meme coin is primarily purchased for fun, social engagement, and participation in digital culture.

 • Community-Centric: The value of the meme coin is influenced by market sentiment, social media trends, and community enthusiasm.

 • No Underlying Enterprise: Unlike securities, our meme coin does not represent ownership in any business, does not grant voting rights, and does not provide profit-sharing or dividends.

 • Speculative in Nature: The price of the meme coin is subject to fluctuations based on market demand and speculation, similar to collectibles.

Regulatory Considerations

Not a Security Under Federal Law

Based on the U.S. Securities and Exchange Commission’s (SEC) current views on meme coins, the VGTel meme coin does not constitute a security under the Securities Act of 1933 or the Securities Exchange Act of 1934.

 • Not an Investment Contract: The Howey Test determines whether an asset is a security based on the presence of an investment in a common enterprise with an expectation of profits derived from the efforts of others. The VGTel meme coin does not meet these criteria because:

 • Purchasers are not making an investment in an enterprise.

 • Funds are not pooled to develop or manage a business.

 • There is no expectation of profit from the managerial or entrepreneurial efforts of VGTel Inc.

 • No Inherent Value or Utility: The meme coin is not designed to provide access to services, governance, or revenue-sharing mechanisms.

Market Risks and Considerations

 • The VGTel meme coin is highly speculative and subject to market volatility.

 • It does not carry investor protections under federal securities laws.

 • Fraudulent activities involving meme coins are subject to enforcement under other federal and state laws.

Disclaimer

The VGTel meme coin is offered strictly as a digital collectible and does not represent ownership, equity, or an investment opportunity in VGTel Inc. or any related enterprise. Participants should fully understand the risks associated with speculative digital assets before engaging in transactions.

Conclusion

VGTel Inc.’s meme coin is designed for entertainment and community engagement, embracing the fun and speculative nature of internet culture. We are committed to fostering a vibrant and engaging digital ecosystem while ensuring transparency regarding the nature of our meme coin.

For more information, visit our official website or join our community channels.

For more information, stay tuned for updates from VGTel, Inc.

Ref.: https://www.sec.gov/newsroom/speeches-statements/staff-statement-meme-coins