MIGGLES MiCA Crypto-Asset Whitepaper

Prepared in accordance with Article 6 of Regulation (EU) 2023/1114 (MiCA)

1. General Information

Statement under Article 6(3): This crypto-asset whitepaper has not been approved by any competent authority. The person responsible for the admission to trading of the crypto-asset assumes full responsibility for its content.
Statement under Article 6(5):
- (a) The crypto-asset may lose all or part of its value.
- (b) The crypto-asset may not always be transferable.
- (c) The crypto-asset may lack liquidity.
- (e) The crypto-asset is not covered by investor compensation schemes under Directive 97/9/EC.
- (f) The crypto-asset is not covered by deposit guarantee schemes under Directive 2014/49/EU.
Statement under Article 6(6): To the best of our knowledge, this whitepaper complies with Regulation (EU) 2023/1114. The information presented is fair, clear, and not misleading.
Warning under Article 6(7): This is not a prospectus. This document is not intended to serve as a basis for investment decisions.

MIGGLES is a meme-based crypto-asset launched on the Base blockchain. It represents the fictional mascot “Mister Miggles,” a cat birthed by Coinbase and fostered by the meme community.
Nature: Cultural asset / community token
Functionality: No intrinsic utility, no staking, no governance, no promises of profit. Value is community-driven.
Tokenomics: Fixed supply, no inflation. LP is community-maintained.

Market Risks:
- High volatility due to speculation and meme cycles
- Limited liquidity during off-peak seasons
Legal and Regulatory Risks:
- Jurisdictions may reinterpret meme tokens as securities
- Evolving MiCA enforcement may introduce new obligations
Technology Risks:
- Smart contract bugs (though MIGGLES has passed TokenSniffer 100/100 and Go+ checks)
- Chain-level outages on Base or Ethereum
Community Risks:
- Meme lifecycle decline
- Negative social sentiment affecting token perception
Other Risks:
- No financial rights attached to the token
- Price may fall to zero with no recourse

MIGGLES operates on Base, a Layer 2 solution that inherits Ethereum’s PoS consensus.
Estimated energy consumption per transaction is significantly lower than traditional L1s.

Whitepaper Publication Date: 19/06/2025
Exchange Listing Date: Already live on Base DEXs
Hosting: https://miggles.io/whitepaper
Notification Target: Portuguese CMVM (Comissão do Mercado de Valores Mobiliários)

This whitepaper was prepared for notification to comply with the provisions of Regulation (EU) 2023/1114 and facilitate MIGGLES token listings on exchanges across the European Economic Area.