LEGAL DISCLAIMERS

LEGAL DISCLAIMER

PLEASE READ THE ENTIRETY OF THIS “LEGAL DISCLAIMER” SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU ARE STRONGLY ADVISED TO CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER QORGIS (THE COMPANY), ANY OF THE CONTRIBUTORS WHO HAVE WORKED ON THE QORGIS ECOSYSTEM (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE UPCOMING QORGIS ECOSYSTEM, IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR AND/ OR VENDOR OF QORGIS TOKENS (OR SUCH OTHER RE-NAMED OR SUCCESSOR TICKER CODE OR NAME OF SUCH TOKENS) (THE DISTRIBUTOR), NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THE PAPER, DECK OR MATERIAL RELATING TO QORGIS (THE TOKEN DOCUMENTATION) AVAILABLE ON THE WEBSITE AT HTTPS://QORGIS.COM/ (THE WEBSITE), INCLUDING ANY SUB-DOMAINS THEREON OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED OR COMMUNICATED BY THE COMPANY OR ITS REPRESENTATIVES FROM TIME TO TIME.

PURPOSE OF PROJECT

You agree that you are acquiring QORGIS to participate in the QORGIS ecosystem and to obtain services on the ecosystem thereon. The Company, the Distributor and their respective affiliates would develop and contribute to the underlying source code for the QORGIS ecosystem. The Company is acting solely as an arms’ length third party in relation to the QORGIS distribution, and not in the capacity as a financial advisor or fiduciary of any person with regard to the distribution of QORGIS.

TOKEN UTILITY

The native cryptographically-secure fungible protocol token of the QORGIS ecosystem (ticker symbol QORGIS) is a transferable representation of attributed utility functions specified in the protocol/code of the QORGIS ecosystem, and which is designed to be used solely as an interoperable utility token thereon.

QORGIS is a functional multi-utility token which will be used as the medium of exchange between supporters of the upcoming QORGIS ecosystem in a decentralized manner. The goal of introducing QORGIS is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the QORGIS ecosystem without any intermediaries such as centralized third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. QORGIS does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will QORGIS entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Canada, Singapore or any relevant jurisdiction. QORGIS may only be utilized on the upcoming QORGIS ecosystem, and ownership of the same carries no rights, express or implied, other than the right to use QORGIS as a means to enable usage of and interaction within the QORGIS ecosystem. The secondary market pricing of QORGIS is not dependent on the effort of the QORGIS contributors, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.

Further, in future, QORGIS will provide economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the QORGIS ecosystem, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. QORGIS is an integral and indispensable part of the ecosystem, because without QORGIS, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the QORGIS ecosystem. Given that additional QORGIS will be awarded to a user, based only on its actual usage, activity and efforts made on the QORGIS ecosystem and/or proportionate to the frequency and volume of transactions, users of the QORGIS ecosystem and/or holders of QORGIS which did not actively participate will not receive any QORGIS incentives.