Crypto-Asset Offering Eligibility Checker

Determine whether your offering requires a formal white paper under MiCA Art. 4

Is the offeror a legal entity?

Target audience / offering type

Total consideration in EUR (12 months)

✓ Below €1M threshold (Art. 4(2)(a))

Max persons in any single Member State

✓ Below 150 limit (Art. 4(2)(c))

Number of Member States targeted

Load example scenarios:

Implemented: Art. 4(1) — offering eligibility framework

Implemented: Art. 4(2)(a) — low-value offering exemption (≤€1M)

Implemented: Art. 4(2)(b) — qualified investors exemption

Implemented: Art. 4(2)(c) — limited distribution exemption (<150 per MS)

Implemented: Art. 4(3)(a) — free distribution scope exclusion (Title II does not apply)

Implemented: Art. 4(3)(b) — mining/staking reward scope exclusion (Title II does not apply)

Implemented: Art. 4(3)(c) — existing utility token scope exclusion (Title II does not apply)

Out of scope: Art. 6 — white paper content validation (complex document generation)

Out of scope: Art. 5 — NCA notification submission (requires API integration)

❌ White paper document generation — requires multi-section form + PDF output (Art. 6)
❌ NCA notification submission — requires direct integration with competent authority API
❌ Working day calculation with state-specific holidays — uses simplified EU-wide calendar
❌ Legal entity verification — no real KYC/company registry lookup
❌ Geographic distribution tracking — treats all Member States equivalently