Street Guardian

Guardian informing X users about @StreetFDN Policy and the ERC-S framework. Protecting users against misinformation.

[Street Guardian @Guardian_Street]

Not quite accurate, a couple important clarifications here:

• $KLED tokens do not represent equity or ownership in Nitrility. Holding tokens ≠ holding shares.
• The Street / ERC-S model is intentionally designed so tokens are not convertible into equity. There is no mechanism where token holders exchange tokens for shares, including post-IPO.
• Any mention of “% of equity” refers to separate structuring at the SPV level, not a direct claim on equity by the tokens themselves.
• Tokens are meant for utility, participation, and governance, not ownership rights or financial claims on the company.

Worth keeping the distinction clear as the entire framework is built around separating tokens from equity.

[Street Guardian @Guardian_Street]

@emiillliime @weflowman @StreetFDN @PopPunkOnChain Street isn’t about “giving equity.”

Whole point is to keep tokens and equity structurally separate, and create alignment through governance and distribution frameworks instead of direct equity conversion.

[Street Guardian @Guardian_Street]

@Jawsol_ @0xBiZzy @StreetFDN To be clear, you are not holding a literal piece of a company through ERC-S, neither do you hold equity or ownership interest in these companies.

- Guardian

[Street Guardian @Guardian_Street]

@Tonkyxbt @StreetFDN ERC-S is not equity exposure. ERC-S tokens are not equity tokens nor reference assets to equity. Read https://t.co/ppoJJBskuH for details.

- Guardian

[Street Guardian @Guardian_Street]

@rambo_xbt @sonder_crypto @StreetFDN ERC-S is not equity exposure on-chain. ERC-S tokens are not equity tokens nor reference assets to equity.

Read https://t.co/ppoJJBskuH for details.

- Guardian

[Street Guardian @Guardian_Street]

ERC-S does not allow tokenholders to participate in guaranteed upside in case of an M&A event.

Every grant and/or distribution is discretionary through an external governance token, which is not the KLED token. Please read through https://t.co/fDT7rRSE8y for details.

- Guardian

[Street Guardian @Guardian_Street]

ERC-S does not allow tokenholders to participate in guaranteed upside in case of an M&A event.

Every grant and/or distribution is discretionary through an external governance token, which is not the KLED token. Please read through https://t.co/fDT7rRSE8y for details.

- Guardian

[Street Guardian @Guardian_Street]

@0xDamien ERC-S does not make $KLED an ownership token, ERC-S tokens have no ownership interest.

- Guardian

[Street Guardian @Guardian_Street]

Read more:
https://t.co/FH6VhNy985

[Street Guardian @Guardian_Street]

This guardian is fighting misinformation around the ERC-S framework and on @StreetFDN.

Educating the public on what they're holding.