Terms and conditions

INTRODUCTION
You must read the following document before making use of the associated whitepaper (herein after referred to as “The Available Information”) and before participating in the token sale or pre-sale. Its contents outlines the terms and conditions applicable to you in connection with your use of the whitepaper as well as your participation in the Token Sale or Pre-Sale. These terms and conditions as well as the whitepaper may be updated from time to time. You are obliged to check the latest version of both before participating in the token sale or pre-sale. The information set forth in this document may not be exhaustive and does not imply any elements of a contractual relationship. Although we will make every reasonable effort to ensure that all information in the whitepaper and in this document is accurate and up-to-date, such material in no way constitutes professional advice. Individuals intending to participate in the Token Sale or Pre0Sale should seek independent professional advice prior to acting on any of the Available Information.

LEGAL CONSIDERATIONS
The Company has approached the Token Sale and Pre-Sale in a responsible and sensible manner. Given the uncertain and largely unregulated status of distributed ledger technologies, businesses and activities, as well as cryptocurrencies and cryptocurrency-related businesses and activities, the Company has decided to work with [[LEGAL REPRESENTATION]]

Due to the current uncertain state of regulation across the world, the Company cannot guarantee the legality of its platform and/or its ability to develop, structure, and license any Future Token functionality in every jurisdiction, but the Company will strive to be responsive and compliant in the face of any regulatory inquiry.

The tokens are functional utility tokens designed for the Company’s business platform and for the platform of any other companies making use of the Foundatin’s ledger. The tokens are not securities. In the event that you purchase tokens, your purchase cannot be refunded or exchanged. The company does not recommend purchasing tokens for speculative investment purposes. Tokens do not entitle you to any equity, governance, voting, or similar right or entitlement in the Company or any affiliated companies. Tokens are sold as digital assets, similar to downloadable software, digital music, and the like. The Company does not recommend that you purchase tokens unless you have prior experience with cryptographic tokens, blockchain-based software and distributed ledger technology and unless you have taken independent professional advice.

This Available Information may be made available in a number of languages. In the event of any conflict between the English version of the Available Information and any foreign language version, the English language version will prevail.

REGIONAL RESTRICTIONS
Citizens, nationals, residents (tax or otherwise) and/or green card holders of each of: (i) Singapore; (ii) South Korea; (iii) the People’s Republic of China; or (iv) any other jurisdiction which prohibits the possession, dissemination or communication of the Available Information and/or prohibits participation in the Token Sale or Pre-Sale, or the purchase of Tokens, or any such similar activity (collectively, the “Restricted Jurisdictions”) or any other Restricted Persons are not permitted to participate in the Token Sale or Pre-Sale. The term “Restricted Persons” refers to any firm, company, partnership, trust, corporation, entity, government, state or agency of a state or any other incorporated or unincorporated body or association, association or partnership (whether or not having separate legal personality) that is established and/or lawfully existing under the laws of a Restricted Jurisdiction.

The Foundation’s utility tokens described in the White Paper (the “Tokens”) are not intended to constitute, and shall not constitute securities in any jurisdiction. The White Paper does not constitute a prospectus or offer document of any sort and the Available Information is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. The Company does not provide any opinion or any advice to purchase, sell, or otherwise transact with Tokens and the presentation, publication, or communication of all or any part of the Available Information shall not form the basis of, or be relied upon in connection with, any contract or investment decision.

NO ADVICE
No part of the Available Information should be considered to be business, legal, financial, or tax advice regarding the Company, the Foundation, the Tokens, the Token Sale or any of the matters to which all or any part of the Available Information relates. You should consult your own legal, financial, tax, or other professional advisor regarding the Available Information. You should be aware that you may be required to bear the financial risk of any purchase of Tokens for an indefinite period of time.

LIMITATION OF LIABILITY
In no event shall the Company, the Foundation, or any current or former employees, officers, directors, partners, trustees, representatives, agents, advisors, contractors, or volunteers of the Company or the Foundation (herein the “Company and Foundation Representatives”) be liable for:

(i) any loss of profits, lost savings or incidental, indirect, special or consequential damages, arising out of your use or inability to use the services or products or Tokens offered by the Company or the Foundation or any breach of any of these terms by you or any third party.

(ii) any security risk such as hacker attacks, loss of password, loss of private key, or similar;

(iii) mistakes or errors in code, text, or images involved in the Token Sale or Pre-Sale, or in any of the Available Information; or

(iv) any information contained in the Available Information or any expectation, promise, representation, or warranty arising (or purportedly arising) therefrom;

(v) any losses resulting from the volatility in pricing of Tokens in any countries and on any exchange or market (regulated, unregulated, primary, secondary, or otherwise);

(vi) any losses or damages arising out of, or in connection with, the purchase, use, sale, or any exchange of the Tokens; or

(vii) arising out of, or in any way connected to, your failure to properly secure any private key to a wallet containing Tokens,

(collectively, the “Excluded Liability Matters”).

The Available Information and the Tokens are provided on an “as is” basis and without any warranties of any kind, either expressed or implied. You assume all responsibility and risk with respect to your use of the Available Information and purchasing of any amount of Tokens and their use. If applicable law does not allow all or any part of the above limitation of liability to apply to you, the limitations will apply to you only to the maximum extent permitted by applicable law.

To the maximum extent permitted by applicable law, you hereby irrevocably and unconditionally waive: (i) all and any claims (whether actual or contingent and whether as an employee, office holder, trustee, or in any other capacity whatsoever or howsoever arising) including, without limitation, claims for or relating to the Excluded Liability Matters, any payment or repayment of monies, indemnity or otherwise that you may have against the Company or Foundation or against any of the Company or Foundation Representatives; and (ii) release and discharge the Company, the Foundation and all of the Company Representatives and Foundation Representatives from any and all liability (or whatsoever nature or howsoever arising) it or they may have to you. If for any reason you hereafter bring or commence any action or legal proceeding in respect of any claim purported to be released and discharged pursuant to this paragraph or these Terms, or otherwise attempt to pursue any such claim against the Company or the Foundation or any Company Representative or Foundation Representative, then you hereby and irrevocably and unconditionally undertake to indemnify, and keep indemnified, the Company, the Foundation, and all Company Representatives and Foundation Representatives fully on demand from and against:

(a) all liabilities or losses suffered by the Company and/or the Foundation and/or any Company Representative and/or any Foundation Representatives; and

(b) all reasonable costs, charges, and reasonable expenses (including without limitation reasonable legal costs and expenses) reasonably and properly incurred by the Company and/or the Foundation or/and any Company Representatives and/or any Foundation Representatives,
in each case by reason of or in connection with the bringing or commencement of such action or pursuit of such claim by you.
If any provision or part-provision of this “Legal Considerations, Risks and Disclaimer” section is or becomes invalid, illegal, or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal, and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this “Legal Considerations, Risks and Disclaimer” section shall not affect the validity and enforceability of the rest of this “Legal Considerations, Risks and Disclaimer” section.

NO REPRESENTATION AND WARRANTIES
Neither the Company nor the Foundation makes or purports to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy, and completeness of any of the information set out in the Available Information.

REPRESENTATION AND WARRANTIES BY YOU
By howsoever accessing and/or accepting possession or communication of all or any part of the Available Information, you represent and warrant (and shall be deemed to represent and warrant) to the Company and the Foundation on the date of such access or on the latest date on which you retain possession of all or any part of the Available Information as follows:
you are over 18 (eighteen) years of age;

(a) you agree and acknowledge that the Tokens do not constitute securities in any form in any jurisdiction;

(b) you agree and acknowledge that the Available Information (including the White Paper) does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of the Available Information;

(c) you agree and acknowledge that no regulatory authority has examined or approved any of the Available Information, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of all or any part of the Available Information to you does not imply that the applicable laws, regulatory requirements or rules have been complied with;

(e) you agree and acknowledge that the Available Information, the undertaking and/or the completion of the Token Sale or Pre-Sale, or future trading of the Token on any exchange or market (regulated, unregulated, primary, secondary, or otherwise), shall not be construed, interpreted or deemed by you as an indication of the merits of the Company, the Foundation, the Tokens, the Token Sale or Pre-Sale, or the Available Information.

(f) the distribution or dissemination of the Available Information, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to the Company or the Foundation;

(g) you agree and acknowledge that in the case where you wish to purchase any Tokens, the Tokens are not to be construed, interpreted, classified or treated as:

(i) any kind of currency or commodity;

(ii) debentures, stocks or shares issued by any person or entity (whether the Company, the Foundation, or otherwise);

(iii) rights, options or derivatives in respect of such debentures, stocks or shares;

(iv) rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss

(v) units in a collective investment scheme;

(vi) units in a business trust;

(vii) derivatives of units in a business trust;

(viii) any other security or class of securities; or

(ix) any type of investment;

(h) you are fully aware of and understand that you are not eligible to purchase any Tokens or access the Available Information if you are a citizen, national, resident (tax or otherwise) and/or green card holder of a Restricted Jurisdiction or if you are a Restricted Person;

(i) you have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based software systems, blockchain technology and smart contract technology;

(j) You are fully aware of and understand that in the case where you wish to purchase any Tokens, there are risks associated with: (A) the Foundation and its business and operations; (B) the Company and its business and operations; (C) the Tokens; (D) the Token Sale and Pre-Sale; and (E) relying or acting on all or any part of the Available Information;

(k) you agree and acknowledge that neither the Company nor the Foundation is liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, or loss of use or data, or loss of reputation, or loss of any economic or other opportunity of whatsoever nature or howsoever arising), arising out of or in connection with any acceptance of or reliance on the Available Information or any part thereof by you; and

(l) all of the above representations and warranties are true, complete, accurate and not misleading from the time of your last access to and/or possession of (as the case may be) the Available Information

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
All Statements contained in the Available Information, statements made in any press releases or in any place accessible by the public and oral statements that may be made by the Company, the Foundation, or the Representatives of the Company or the Foundation (as the case may be) that are not statements of historical fact, constitute “forward-looking statements.” Some of these statements can be identified by forward-looking terms such as “aim,” “target,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “if,” “intend,” “may,” “plan,” “possible,” “probable,” “project,” “should,” “would,” “will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding the financial position, business strategies, plans and prospects and the future prospects of the industry which the Company and/or the Foundation is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to the Company’s and/or the Foundation’s revenue profitability and growth, expected revenue profitability and growth, prospects, future plans, other expected industry trends and other matters discussed in the Available Information regarding the Company and/or the Foundation are matters that are not historic facts, but only estimations and predictions. Neither the Company nor the Foundation makes any representation or warranty on having made any predictions or estimates or expectations on the basis of any formula, any mathematical or scientific modelling or forecast, or having made any due and proper enquiries or having undertaken any independent research or studies or otherwise. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of the Company and/or the Foundation to be materially different from any future results, performance, or achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others:

(a) changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which the Company and/or the Foundation conducts business and operations.

(b) the risk that the Company and/or the Foundation may be unable to execute or implement its business strategies and future plans;

(c) changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;

(d) changes in the anticipated growth strategies and expected internal growth of the Company and/or the Foundation;

(e) changes in the availability and fees payable to the Company and/or the Foundation in connection with either or both of their business and operations;

(f) changes in the availability and salaries of employees who are required by the Company and/or the Foundation to operate either or both of their business and operations;

(g) changes in preferences of customers of the Company and/or the Foundation;

(h) changes in competitive conditions under which either or both the Company and/or the Foundation operate, and the ability of either or both to compete under such conditions;

(i) changes in the future capital needs of the Company and/or the Foundation and the availability of financing and capital to fund such needs;

(j) war or acts of international or domestic terrorism;

(k) occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of the Company and/or the Foundation;

(l) other factors beyond the exclusive control of the Company and/or the Foundation; and

(m) any risk and uncertainties associated with the Company and/or the Foundation and either of their businesses and/or operations, the Tokens, the Token Sale and Pre-Sale and reliance on all or any part of the Available Information.

All forward-looking statements made by or attributable to the Company and/or the Foundation and/or Company or Foundation Representatives are expressly qualified in their entirety by such factors. Given that risks and uncertainties that may cause the actual future results, performance or achievements of the Company and/or the Foundation to be materially different from that expected, expressed or implied by the forward-looking statements in the Available Information, undue reliance must not be placed on these statements.

These forward-looking statements are only applicable as of the later of the date of publication of the White Paper and the latest date that this “Legal Considerations, Risks and Disclaimer” document has been updated. Neither the Company nor the Foundation nor the Company or Foundation Representatives nor any other person represents, warrants and/or undertakes that the actual future results, performance or achievements of the Company and/or Foundation will be discussed in these forward-looking statements. The actual results, performance or achievements of the Company and/or Foundation may differ materially from those anticipated in these forward-looking statements.

Nothing contained in the Available Information is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of the Company or the Foundation. Further, the Company and the Foundation disclaim any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.

RISK FACTORS
You should carefully consider and evaluate each of the following risk factors and all other information contained in these Terms before deciding to participate in the Token Sale or Pre-Sale. To the best of the knowledge and belief of the Company and the Foundation, all risk factors which are material to you in making an informed judgment to participate in the Token Sale and/or Pre-Sale have been set out below. If any of the following considerations, uncertainties or material risks develops into actual events, the business, financial position and/or results of the Company and/or Foundation and the maintenance and level of usage of the Tokens could be materially and adversely affected. In such cases, the trading price of Tokens (in the case where they are listed on an exchange or market (regulated, unregulated, primary, secondary or otherwise)) could decline due to any of these considerations, uncertainties or material risks, and you may lose all or part of your Tokens or the economic value thereof.

Risks Relating to Participation in the Token Sale or Pre-Sale
There is no prior market for Tokens and the Token Sale and/or Pre-Sale may not result in an active or liquid market for the Token.

Prior to the Token Sale, there has been no public market for the Tokens. Although the Company and/or Foundation may use reasonable endeavors to seek the approval for availability of the Tokens for trading on a cryptocurrency exchange or market, there is no assurance that such approval will be obtained. Furthermore, even is such approval is granted by a cryptocurrency exchange, there is no assurance than an active or liquid trading market for the Tokens will develop, or if developed, will be sustained after the Tokens have been made available for trading on such market. There is also no assurance that the market price of the Tokens will not decline below the original or issue purchase price (the “Purchase Price”). The Purchase Price may not be indicative of the market price of the Tokens after they have been made available for trading on a market.

A Token is not a currency issued by any central bank or national, supra-national or quasi-national organization, nor is it backed by any hard assets or other credit nor is it a commodity in the traditional sense of that word. Neither the Company nor the Foundation is responsible for, nor does either pursue, the circulation or trading of Tokens on any market. Trading of tokens will merely depend on the consensus on their value between the relevant market participants. No one is obliged to pursue any Token from any holder of the Token, including the purchasers, nor does anyone guarantee the liquidity or market price of Tokens to any extent at any time. Furthermore, Tokens may not be resold to purchasers who are citizens, nationals, residents (tax or otherwise) and/or green card holders of Restricted Jurisdictions or to Restricted Persons or to purchasers in any other jurisdiction where the purchase of Tokens may be in violation of applicable laws. Accordingly, neither the Company nor the Foundation can ensure that there will be any demand or market for Tokens, or that the Purchase Price is indicative of the market price of Tokens after they have been made available for trading on any cryptocurrency exchange or market.

Negative publicity may materially and adversely affect the market price of Tokens.
Negative publicity involving the Company and/or the Foundation, their business platforms, the Tokens or any of the key personnel of the Company and/or the Foundation and/or regulation of distributed ledger technologies, cryptocurrencies and/or crowdsales in any jurisdiction, may materially and adversely affect the market perception or market price of the Tokens, whether or not it is justified.

The Company may not be able to pay any anticipated rewards in the future.
There is no assurance that there will be sufficient engagement in the Company’s business platform such that you will receive any rewards anticipated to be distributed to active users of the Company’s business platform. Further, even in the event there is substantial engagement and interactions among the users of the Company’s business platform, there is no assurance you personally will receive any part of the rewards. This is because the ability of the Company to pay any reward to you will depend on the future results of operations and the future business and financial condition of the Company and the Foundation, and there is no assurance of the future results of operations and the future business and financial condition of the Company and the Foundation.

There is no assurance of any success of the Company’s business platform or any future Token functionality.
The value of, and demand for, the Tokens hinges heavily on the performance of the Company’s business platform and the continuous active engagement of its users and success of its contemplated business lines. There is no assurance that the Company’s business platform will gain or continue to gain traction. Furthermore, there is no assurance that any future Token functionality will be realized. While the Company has made every effort to provide a realistic estimate, there is also no assurance that the cryptocurrencies raised in the Token Sale and Pre-Sale will be sufficient for the development of the Company’s business platform and/or for the proper development, structuring and licensing of the anticipated future Token functionality. For the foregoing or any other reason, the development of the Company’s business platform and launch of the anticipated Token functionality may not be completed and there is no assurance that it will be launched at all. As such, distributed Tokens may hold little worth or value and that would impact its trading price.

The trading price of the Tokens may fluctuate following the Token Sale.
The prices of cryptographic tokens in general tend to be relatively volatile, and can fluctuate significantly over short periods of time. The demand for, and the corresponding market price of, the Tokens may fluctuate significantly and rapidly in response to, among others, the following factors, some of which are beyond the control of the Company and/or the Foundation:

(a) new technical innovations;

(b) analysts’ speculations, recommendations, perceptions or estimates of the Token’s market price or the Company’s or the Foundation’s financial and business performance.

(c) changes in market valuations and token prices of entities with businesses similar to that of the Company that may be listed on the same cryptocurrency exchanges or markets as the Tokens;

(d) announcements by the Company and/or the Foundation of significant events, for example partnerships, sponsorships or new product developments;

(e) fluctuations in market prices and trading volume of cryptocurrencies on cryptocurrency exchanges or markets;

(f) additions or departures of key personnel of the Company and/or the Foundation

(g) success or failure of the Company’s and/or the Foundation’s management in implementing business and growth strategies; and/or

(h) changes in conditions affecting the blockchain or financial technology industry, the general economic conditions or market sentiments, or other events or factors.

The funds raised in the Token Sale and Pre-Sale are exposed to risks of theft.
The Company and the Foundation will make every effort to ensure that the funds received from the Token Sale and Pre-Sale will be securely held in an escrow wallet, which is a multi-signature address with access thereto by private keys held by reputable and trusted parties. Further, the Company and the Foundation may make every effort to ensure that the funds received from the Token Sale and Pre-Sale will be securely held through the implementation of security measures. Notwithstanding such security measures, there is no assurance that there will be no theft of the cryptocurrencies as a result of hacks, sophisticated cyber-attacks, distributed denial-of-service or errors, vulnerabilities, or defects on the Token Sale and/or Pre-Sale website, in the smart contract(s) on which the escrow wallet and the Token Sale relies, on the Ethereum blockchain or any other blockchain, or otherwise. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. In such event, even if the Token Sale and/or Pre-Sale is completed, the Foundation and/or the Company may not be able to use such funds for the development of their respective business platforms and/or for launching any future Token functionality. In such case, the launch of the Company’s and/or the Foundation’s business platform and the structuring and licensing of any future Token functionality might be temporarily or permanently curtailed. As such, distributed Tokens may hold little worth or value and this would impact their trading price.

Risks Relating to the Escrow Wallet
The private keys to the escrow wallet may be compromised and the cryptocurrencies may not be able to be disbursed. The escrow wallet is designed to be secure. Each of the holders of the three (3) private keys to the escrow wallet will use all reasonable efforts to safeguard their respective keys, but in the unlikely event that any two (2) of the three (3) keys to the escrow wallet, for any reason whatsoever, lost, destroyed, or otherwise compromised, the funds held by the escrow wallet may not be able to be retrieved and disbursed, and may be permanently unrecoverable. In such event, even If the Token Sale and Pre-Sale are successful, the Company and/or the Foundation will not be able to receive the funds raised and the Company and/or the Foundation will not be able to use such funds for the development of their respective platforms or the development of any future Token functionality. As such, distributed Tokens may hold little worth or value and this would impact their trading price.

Risks Relating to the Company and/or the Foundation
The Company’s business platform.
Any events or circumstances which adversely affect the Company, the Foundation, of any of their successor or affiliated operating entities may have a corresponding adverse effect on the Company’s and/or the Foundation’s business platform and/or on any future Token functionality. Such adverse effects would correspondingly have an impact on the utility, liquidity, and the trading price of the Tokens.

The Company and/or the Foundation may be materially and adversely affected if either fails to effectively manage its operations and its business develops and evolves, which would have a direct impact on their ability to maintain or operate their business platforms and/or develop, structure and/or license any future Token functionality.
The financial technology and cryptocurrency industries in which the Company and the Foundation competes have grown rapidly over the past few years and continue to evolve in response to new technological advances, changing business models, shifting regulations and other factors. As a result of this constantly changing environment, the Foundation and the Company may face operational difficulties in adjusting to the changes, and the sustainability of the Company and the Foundation will depend on their abilities to manage their operations, ensure that they hire qualified and competent employees, and provide proper training for their personnel. As their businesses evolve, the Company and the Foundation must also expand and adapt their operational infrastructure. The Company’s and the Foundation’s businesses will rely on their blockchain-based software systems, cryptocurrency wallets or related token storage mechanisms, blockchain technology and smart contract technology. All of these systems, tools, and skillsets represent complex, costly, and rapidly changing technical infrastructure. In order to demonstrate continued ability to effectively manage technical support infrastructure for their business platforms, the Company and the Foundation will need to continue to upgrade and improve their data systems and other operational systems, procedures and controls. These upgrades and improvements will require a dedication of resources and are likely to be complex and increasingly rely on hosted computer services from third parties that neither the Company nor the Foundation will control. If the Company and/or the Foundation is unable to adapt their systems and organization in a timely, efficient, and cost-effective manner to accommodate changing circumstances, their business, financial condition and/or results of operations may be adversely affected. If the third parties whom the Company and/or the Foundation rely on are subject to a security breach or otherwise suffer disruptions that impact the services they use, the integrity and availability of their internal information could be compromised, which may consequently cause the loss of confidential and/or proprietary information and/or economic loss. The loss of financial, labor or other resources, and any other adverse effect on the Company’s and/or the Foundation’s business, financial condition and/or operations would have a direct adverse effect on the Company’s and/or the Foundation’s ability to maintain or operate their respective business platforms and/or to develop, structure and/or license the anticipated future Token functionality. Any adverse effects affecting the Company’s and/or the Foundation’s business are likely to also adversely impact the utility, liquidity, and trading price of the Tokens.

The Company and/or the Foundation may experience system failures, unplanned interruptions in its network or services, hardware or software defects, security breaches or other causes that could adversely affect the Company’s and/or the Foundation’s infrastructure network, and/or the Company’s and/or the Foundation’s business platform.

Neither the Company nor the Foundation is able to anticipate when there will be occurrences of hacks, cyber-attacks, distributed denials of service or errors, vulnerabilities or defects in: the Company’s and/or the Foundation’s business platform, the Smart Contracts on which the Company and/or the Foundation rely, or on the Ethereum or any other blockchain. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. The Company and/or the Foundation may not be able to detect such hacks, cyber-attacks, distributed denials of service errors vulnerabilities or defects in a timely manner, and may not have sufficient resources to efficiently cope with multiple service incidents happening simultaneously or in rapid succession.

The Company’s and/or the Foundation’s network or services, which would include their business platforms and, if successfully structured, developed, licensed and launched, the future Token functionality, could be disrupted by numerous events, including natural disasters, equipment breakdown, network connectivity downtime, power losses, or even intentional disruptions of its services, such as disruptions caused by software viruses or attacks by unauthorized users, some of which are beyond the Company’s and/or the Foundation’s control. There can be no assurance that cyber-attacks, such as distributed denials of service, will not be attempted in the future or that Company’s and/or the Foundation’s security measures will be effective. The Company and/or the Foundation may be prone to attacks on infrastructure intended to steal information about their technology, financial data or user information or take other actions that would be damaging to the Company and/or the Foundation and/or holders of the Tokens. Any significant breach of the Company’s and/or the Foundation’s security measures or other disruptions resulting in a compromise of the usability, stability, and security of the Company’s and/or the Foundation’s business platforms may adversely affect the utility, liquidity and/or trading price of the Tokens.

The Company and/or the Foundation may in the future be dependent in part on the location and data center facilities of third parties.

The Company’s and/or the Foundation’s future infrastructure network may be established in whole or in part through servers which it owns and/or houses at the location facilities of third parties, and/or servers that it rents at data center facilities of third parties. If the Company and/or the Foundation is unable to renew its data facility leases on commercially reasonable terms or at all, the Company and/or the Foundation may be required to transfer its services to a new data center facility, and may incur significant costs and possible service interruption in connection with the relocation. These facilities are also vulnerable to damage or interruption from, among others, natural disasters, arson, terrorist attacks, power losses, and telecommunication failures.
Additionally, the third-party providers of such facilities may suffer a breach of security as a result of third-party action, employee error, malfeasance or otherwise, and a third-party may obtain unauthorized access to the data in such servers. The Company and/or the Foundation and the providers of such facilities may be unable to anticipate these techniques or to implement adequate preventive measures.

General global market and economic conditions may have an adverse impact on the Company’s and/or the Foundation’s operating performance, results of operations and/or cash flows.
The Company and/or the Foundation could continue to be affected by general global economic and market conditions. Challenging economic conditions worldwide have from time to time, contributed, and may continue to contribute, to slowdowns in the information technology industry at large. Weakness in the economy could have a negative impact on the Company’s and/or the Foundation’s business, operations and financial condition, including decreases in revenue and operating cash flows, and inability to attract future equity and/or debt financing on commercially reasonable terms. Additionally, in down-cycle economic environment, the Company and/or the Foundation may experience the negative effects of a slowdown in trading and usage of the Company’s and/or the Foundation’s business platform and may delay or cancel the development, structuring, licensing and/or launch of the anticipated Token functionality.

Suppliers on which the Company and/or the Foundation relies for servers, bandwidth, location and other services could also be negatively impacted by economic conditions that, in turn, could have a negative impact on the Company’s and/or the Foundation’s operations or expenses. There can be no assurance, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a significant adverse impact on the Company’s and/or the Foundation’s business, financial condition and results of operation, and hence, the Company’s and/or the Foundation’s business platform and/or the ability to develop, structure, license and/or launch any future Token functionality. Any such circumstances would then correspondingly negatively impact the utility, liquidity, and/or trading price of the Tokens.

The Company and/or the Foundation and/or the tokens may be affected by newly implemented regulations.
Distributed ledger technologies, businesses and activities as well as cryptocurrencies and cryptocurrency-related businesses and activities are generally unregulated worldwide, but numerous regulatory authorities across jurisdictions have been outspoken about considering the implementation of regulatory regimes which govern distributed ledger technologies, businesses and activities as well as cryptocurrencies and cryptocurrency-related businesses and activities. The Company, the Foundation, and/or the Tokens may be affected by newly implemented regulations related to the distributed ledger technologies, businesses and activities as well as cryptocurrencies and cryptocurrency-related businesses and activities, including having to take measures to comply with such regulations, or having to deal with queries, notices, requests or enforcement actions by regulatory authorities, which may come at a substantial cost and may also require substantial modifications to the Company’s and/or the Foundation’s business platform and/or the anticipated Token functionality. The may impact the appeal or practicality or functionality of the Company’s and/or the Foundation’s business platform and/or the anticipated Token functionality for users and result in decreased usage of and demand for the Company’s and/or the Foundation’s business platform and/or the Tokens. Further, should the costs (financial or otherwise) exceed a certain threshold, maintaining the Company’s and/or the Foundation’s business platform and/or developing, structuring, licensing and/or launching the future Token functionality may no longer be commercially viable, and the Company and/or the Foundation may opt to discontinue the Company’s and/or the Foundation’s business platform, the anticipated future Token functionality, and/or the Tokens. Further, it is difficult to predict how or whether governments ore regulatory authorities may implement any changes to laws and regulations affecting distributed ledger technology and its applications, including the Company’s and/or the Foundation’s business platform, the anticipated future Token functionality, and/or the Tokens.

the Company and/or the Foundation may also have to cease operations in a jurisdiction that makes it illegal to operate in such a jurisdiction, or make it commercially unviable or undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction. In scenarios such as the foregoing, the utility, liquidity, and/or trading price of Tokens will be adversely affected and/or Tokens may cease to be traded.

There may be unanticipated risks arising from the Tokens.
Cryptographic tokens such as the Tokens are a relatively new and dynamic technology. In addition to the risks included in the above discussion of risk factors, there are other risks associated with your purchase, holding and use of the Tokens, including those that the Company and/or the Foundation cannot anticipate. Such risks may further appear as unanticipated variations or combinations of the risks associated above.

Privacy Policy
By purchasing Tokens, you agree to your personal data (i.e. your email address, name, address and other details personal to you) being processed by the Company and/or the Foundation for business purposes or for the purposes of building, promoting and communicating (about) the Company’s and/or the Foundation’s business platform and the Tokens. The Company and/or the Foundation agrees to keep your email address and other personal data private and not share it with the public (e.g. by including it on any external lists or selling it to third parties).

Disclaimer
The presentation of the Available Information is solely for informational purposes. Anyone interested in purchasing Tokens and participating in the Token Sale or Pre-Sale should consider the various risks prior to making any kind of decision in respect of the Token Sale or Pre-Sale. The Available Information does not comprise any advice by the Company and/or the Foundation or by the Company Representatives or by the Foundation Representatives, or any recommendation to any recipient of the Available Information, by the virtue of any participation in the Token Sale or Pre-Sale or otherwise. The Available Information does not necessarily identify, or claim to identify, all the risk factors connected with the Company and/or the Foundation, the Company’s and/or the Foundation’s business platform, the Tokens, the Token Sale or Pre-Sale, any future Token functionality or the Available Information. All the participants must make their own independent evaluation, after making such investigations as they consider essential, of the merits of participating in the Token Sale and/or Pre-Sale and after taking their own independent professional advice. Any participant in the Token Sale or Pre-Sale should check with and rely upon their own investment, accounting, legal and tax representatives and consultants in respect of such matters concerning the Company and/or the Foundation, the Company’s and/or the Foundation’s business platform, the Tokens, the Token Pre-Sale, the Token Sale, any future Token functionality and the Available Information and assess separately the financial risks, consequences and appropriateness of the purchase of Tokens, or if any doubt about the facts set out in the Available Information. A purchase of tokens comprises considerable risk and might involve extraordinary risks that may lead to a loss of all or a significant portion of monies or monetary value utilized to acquire Tokens. Participants in the Token Sale and Pre-Sale are urged to completely understand, to be aware of and accept the characteristics of the Company and the Foundation, the Company’s and the Foundation’s business platform, the Tokens, the Token Sale and Pre-Sale, any future Token functionality and the Available Information. If you are not prepared to accept any or all of these Terms or the risks set out in these Terms then you are urged not to participate in the Token Sale or Pre-Sale. No guarantee or assurance is given by the Company and/or the Foundation, or by the Company Representatives or the Foundation Representatives that the Company’s and/or the Foundation’s proposals, objectives and/or outcomes set out in the Available Information will be achieved in whole or in part. You are urged to consider whether participation in the Token Sale or Pre-Sale is suitable for you having regard to your personal and financial circumstances and your financial resources.

Restrictions on Distribution and Dissemination of the Available Information
The distribution or dissemination howsoever of all or any part of the Available Information may be prohibited or restricted by the laws, regulatory requirements and rules of certain jurisdictions. In the case where any such restriction applies, you are responsible for informing yourself in respect of the same and for observing any such restrictions which are applicable to your possession and/or dissemination of all or any part of the Available Information at your own expense and without liability to the Company or the Foundation.
Persons to whom a copy of all or any part of the Available Information has been distributed or disseminated, provided access to or who otherwise have all or any part of the Available Information in their possession shall not circulate it to any other persons, reproduce or otherwise distribute any information contained herein for any purpose whatsoever nor permit nor cause the same to occur.

No Offer of Securities or Registration
The White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of all or any part of the Available Information. Any agreement in relation to any Sale or Pre-Sale and purchase of Tokens is to be governed by the terms and conditions of such agreement and no other document. In the event of any inconsistencies between the terms and conditions of that agreement and the Available Information, those terms and conditions shall prevail.
You are not eligible to purchase any Tokens in the Token Sale or Pre-Sale if you are a citizen, resident (tax or otherwise) or green card holder of a Restricted Jurisdiction or you are a Restricted Person. No regulatory authority has examined or approved of any of the Available Information. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Available Information does not imply that the applicable laws, regulatory requirements or rules have been complied with.

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