💠🤍 The Walrus Foundation consistently explains that $WAL is designed as a utility token, not as an investment vehicle. Its purpose is to power specific functions in the Walrus ecosystem such as paying for storage, helping secure the network, and participating in governance. They emphasize that $WAL does not give holders a share of profits nor ownership in the foundation. However, legal definitions can differ depending on the region, so users and businesses must evaluate their own local regulations. The foundation shares its perspective on intended use, but everyone should understand that classification may vary by jurisdiction. #walrus @Walrus 🦭/acc