Cryptaur Terms and Conditions

The following terms and conditions, as they may be amended, modified or supplemented from time to time (these “Terms”, and which include the Annexes hereto) governthe presale and saleof Cryptaur cryptographic tokens (“CPT Tokens” or “Cryptaur tokens”). Sale and presale of CPT Tokens collectively shall hereinafter be referred to as “Cryptaur Token Sale”, unless presale or sale stage is specifically identified in relation to certain clause.

PLEASE READ CAREFULLY THESE TERMS BEFORE USING THE WEBSITE “WWW.CRYPTAUR.COM” (THE “WEBSITE”), AS THEY AFFECT YOUR OBLIGATIONS AND LEGAL RIGHTS, INCLUDING, BUT NOT LIMITED TO WAIVERS OF RIGHTS AND LIMITATIONS OF LIABILITY. THESE TERMS CONSTITUTE THE ENTIRE AGREEMENT BETWEEN THE PARTIES WITH RESPECT TO THE CRYPTAUR TOKEN SALE. THESE TERMS SUPERSEDE AND TERMINATE ALL PREVIOUS UNDERTAKINGS, REPRESENTATIONS AND AGREEMENTS BETWEEN THE PARTIES WITH RESPECT TO THE CRYPTAUR TOKEN SALE.

IF YOU HOLD CRYPTAUR TOKENS OR PURCHASE THESE BY CONTRIBUTING TO THE CRYPTAUR PLATFORM, YOU AGREE AND ACKNOWLEDGE, AND WILL BE DEEMED AS HAVING ACCEPTED UNCONDITIONALLY AND WITHOUT RESERVATION ALL OF THESE TERMS. YOU SHOULD ALSO READ THESE TERMS AND ACCEPT THEM. IF YOU DO NOT AGREE WITH THESE TERMS, YOU SHALL NOT USE THE WEBSITE OR BUY CRYPTAUR TOKENS. THESE TERMS AND CONDITIONS (INCLUDING APPLIED BOUNTIES) ARE SUBJECT TO CHANGE, REVISION OR MODIFICATION DURING THE CRYPTAUR TOKEN SALE WITHOUT NOTICE, FROM TIME TO TIME IN OUR SOLE DISCRETION. WE WILL NOTIFY YOU OF AMENDMENTS TO THESE TERMS AND CONDITIONS BY POSTING THEM TO THIS WEBSITE, AND YOU AGREE THAT WE WILL HAVE THE ABSOLUTE RIGHT IN OUR SOLE DISCRETION TO MAKE SUCH CHANGES, REVISIONS OR MODIFICATIONS TO THESE TERMS AND CONDITIONS IN OUR SOLE DISCRETION.

CRYPTAUR TOKENS DO NOT AND ARE NOT INTENDED TO CONSTITUTE SECURITIES IN ANY JURISDICTION. THIS DOCUMENT AND THESE TERMS DO NOT CONSTITUTE A PROSPECTUS OR OFFER DOCUMENT OF ANY SORT AND ARE NOT INTENDED TO CONSTITUTE AN OFFER OF SECURITIES OR A SOLICITATION FOR INVESTMENT IN SECURITIES IN ANY JURISDICTION.

BY ACCEPTING THESE TERMS YOU AGREE AND CERTIFY THAT YOU ARE PURCHASING CRYPTAUR TOKENS FOR YOUR OWN PERSONAL USE AND UTILITY, AND TO PARTICIPATE IN CRYPTAUR PROJECT AS THIS IS DESCRIBED IN CRYPTAUR SMARTBOOK PROVIDED ON THE CRPTAUR PALTFORM (HEREINAFTER REFFRED TO AS “THE PROJECT”) AND NOT FOR INVESTMENT, OR FINANCIAL PURPOSES.

BY ACCEPTING THESE TERMS AND PURCHASING CRYPTAUR TOKENS, YOU AGREE TO BE BOUND BY THESE TERMS (INCLUDING THE ANNEXES HERETO) AND YOU EXPRESSLY ACKNOWLEDGE AND REPRESENT THAT YOU HAVE CAREFULLY REVIEWED THESE TERMS AND FULLY UNDERSTAND THE RISKS, COSTS, AND BENEFITS OF PURCHASING CRYPTAUR TOKENS. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISER(S).

The headings used in these Terms are included for convenience only and shall not be taken into account in construing these Terms. Unless the context otherwise requires, words (including words defined herein) denoting the singular only shall include the plural and vice versa. References to “Clauses” and “Annexes” are to be construed as references to the clauses and annexes of these Terms.

You and CRYPTAUR FOUNDATION agree as follows:

1. INTRODUCTION AND DEFINITIONS

1.1 Unless the context otherwise requires, the following words and expressions shall have the following meanings:

“Abortion” – has the meaning ascribed to it in paragraph 6.

“Account” – has the meaning ascribed to it in Clause 4.1.

“Bitcoin” or “BTC” – a consensus network that enables a value exchange system and completely digital value; the first decentralized peer-to-peer value exchange network that is powered by its users with no central authority or middlemen.

“Blockchain” – type of distributed ledger, comprised of unchangeable, digitally recorded, data in packages called blocks.

“Bounty” or “Bounties”– reward(s) for implemented conditions. During the Cryptaur Token Sale this reward shall be calculated and distributed in compliance with plans from time to time communicated on the Website.

“Cryptaur Platform” – a decentralized applications platform project issuing Cryptaur Token rewards, through the “Proof of Contribution” mechanism, for contributing to it. For the avoidance of any doubt, the Cryptaur Platform is a digital system and not a legal entity.

“Cryptaur Token Sale” – sale of Cryptaur Tokens to eligible purchasers during the Sale Periods in accordance with Clause 3 of these Terms. For the avoidance of any doubt, this does not include any sale of Cryptaur Tokens after the conclusion of the Sale Periods.

“Cryptaur Tokens” – Ethereum-based cryptographic tokens of value, as per ERC-20 standard and which are software product (digital resources), created by smart contracts..

“ERC-20 standard” – the set of criteria, (including criteria in relation to functions and events) developed by the Ethereum community which has to be met in a smart contract on a Blockchain in order to enable inter-operability across multiple interfaces and distributed applications.

“ETH” or “Ether” – the form of payment used in Ethereum Smart Contracts.

“Ethereum Blockchain” – a custom built Blockchain developed by the Ethereum Foundation.

“Ethereum Smart Contracts” – account holding objects on the Ethereum Blockchain, which contain code functions and can interact with other contracts, make decisions, store data, and send Ether to others.

“Keys” – has the meaning ascribed to it in Clause 4.4.

“Indemnified Persons” – has the meaning ascribed to it in Clause 9.3.

“Minimum Purchase Amount” – has the meaning ascribed to it in Clause 3.5(a).

“Purchase Price” – has the meaning ascribed to it in Clause 3.5(c).

“Purchaser” – a purchaser of Cryptaur Tokens in the Cryptaur Token Sale.

“Sale Periods” – time periods, communicated by the Company on the Website, during which Cryptaur Token sale is arranged

“Smart Contract System” – suite of computer protocols that facilitate, verify or enforce the negotiation or performance of a contract or that renders contractual clauses unnecessary.

“Smart Contract System Code” – self-executing contracts with the terms of the agreement being directly written into lines of code. The code and the agreements contained therein exist across a distributed, decentralized Blockchain network.

“Software” – has the meaning ascribed to it in Clause 4.5.

“US$” – United States Dollars, the lawful currency of the United States of America for the time being.

“User” – anyone who uses the Website, with or without prior registration and authorization using the Wallet.

“Wallet” – an account created by a registered User on the Website, which is created and used to hold Cryptaur Tokens.

“Website” – the website maintained by the Company at www.Cryptaur.com.

1.2 No part of the Cryptaur Smartbook, whether finalized, published or adopted or not, as accessible on the Website at www.cryptaur.com shall form part of these Terms except for specific parts to which references are made herein in these Terms. In addition, none of the contents as set out on the Website shall form part of these Terms.

1.3 All references to these Terms shall include all Annexes and appended documents.

2. PRINCIPLES AND DISCLAIMERS

2.1 By transferring Ether (ETH) or BTC to the Smart Contract System thereby creating Cryptaur Tokens, you declare and confirm that you are eligible Purchaser authorized to purchase Cryptaur tokens in your relevant jurisdictionand that You understand and accept that the funds collected through sale of Cryptaur Tokensshall be used for the development of the Cryptaur Platform, as described in the Cryptaur Smartbook.

2.2 You understand and accept that while the individuals and entities, including the Company, assigned to the development of the Cryptaur Platform will make reasonable efforts to develop and complete the Cryptaur Platform, it is possible that such development may fail and your Cryptaur Tokens become useless and/or valueless due to technical, commercial, regulatory or any other reasons.

2.3 You are also aware of the risk that even if all or parts of the Cryptaur Platform are successfully developed and released in full or in parts, due to a lack of public interest, the Cryptaur Platform could be fully or partially abandoned, remain commercially unsuccessful or shut down for lack of interest, regulatory or other reasons.

2.4 You further acknowledge, understand, agree and accept that, as the creation of Cryptaur Tokens as well as the assignment of the execution of the Cryptaur Platform are smart contract-based, the terms and conditions applicable thereon are set forth in the Smart Contract System Code, consisting of multiple interconnected software codes, existing on the Ethereum Blockchain as set forth on the Website. To the extent the terms contained herein or in any other document or communication contradict to the ones set forth in the Smart Contract System, the terms of the Smart Contract System prevail.

2.5 You acknowledge and agree that neither these Terms nor any other document or communication may modify or add any additional obligations to the Company or publisher of these terms or developer of the Smart Contract System and/or any other person, entity and/or affiliates involved with the deployment of the Smart Contract System and the setting up of the Cryptaur Platform beyond those set forth in the Smart Contract System.

2.6 By transferring ETH or BTC toaddress generated by the Smart Contract System, you expressly agree to all of the terms and conditions set forth in the Smart Contract System Code existing on the Ethereum Blockchain and to these Terms. You further represent and warrant that you have carefully reviewed the Smart Contract System Code, its functions and the terms and conditions set forth in these Terms and to fully acknowledge, understand and accept the risks and costs of creating Cryptaur Tokens and contributing into a Smart Contract System for the development of the Cryptaur Platform.

2.7 By transferring ETH (ETH), Bitcoin (BTC) to address generated by the Smart Contract System and/or receiving Cryptaur Tokens, you acknowledge and agreed that no form of partnership, joint venture or any similar relationship between you and the Company and/or other individuals or entities involved with the deployment of the Smart Contract System and the setting up of the Cryptaur Platform is created.

2.8 You understand and accept, through your transfer of Ethereum (ETH), Bitcoin (BTC)to address generated by the Smart Contract Systemwhile purchasing Cryptaur Tokents , that the transfer of ETH to the Smart Contract System, the creation of Cryptaur Tokens and the development of the Cryptaur Platform carries significant financial, regulatory and reputational risks as further set forth in these Terms and Annex 1 hereto. You understand and accept that there is no warranty whatsoever on Cryptaur Tokens, the smart contract creating it, and/or the success of the Cryptaur Platform, expressed or implied.. While the Cryptaur Platform and the Software has undergone and is continuously undergoing beta testing and continues to be improved by feedback from the open-source user and developer community, the Company cannot guarantee there will not be bugs in the Cryptaur Platform or the Software. You agree and acknowledge that by transferring Ethereum (ETH) or Bitcoin (BTC) to address generated by the Smart Contract System, you have agreed to accept all such foregoing risks, as well as all other risks relating to the Smart Contract System, the Cryptaur Platform, Cryptaur Tokens and the Cryptaur Token Sale which may not have been set out in these Terms and/or Annex 1.

2.9 By transferring Ethereum (ETH) or Bitcoin (BTC) to address generated by the Smart Contract Systemwhile purchasing the Cryptaur Tokens, you represent, warrant and undertake that the funds used in respect therewith is not obtained, in any way, through any acts in connection with money laundering, terrorism financing or any other acts in breach or contravention of any applicable law, regulation or rule in all applicable jurisdictions.

2.10 To the maximum extent permitted by all applicable laws, regulations and rules and except as otherwise provided in these Terms, the Company hereby expressly disclaims its liability and shall in no case be liable to you or any person for:

(a) the funds used for payment for your purchase being obtained through any acts in connection with money laundering, terrorism financing or any other acts in breach or contravention of any applicable law, regulation or rule;

(b) use of Cryptaur Tokens for any purpose in connection with money laundering, terrorism financing or any other acts in breach or contravention of any applicable law, regulation or rule;

(c) abortion of the Cryptaur Token Sale;

(d) failure or delay in the delivery by the Company, and receipt by you, of Cryptaur Tokens in accordance with Clause 5;

(e) failure, malfunction or breakdown of, or disruption to, the operation of the Company, the Cryptaur Platform, Cryptaur Tokens, the Accounts or the Wallets, or any smart contract technology on which the Company, the Cryptaur Platform, Cryptaur Tokens, the Accounts, the Wallets, or the Cryptaur Token Sale relies, due to occurrences of hacks, cyber-attacks, distributed denials of service, errors, vulnerabilities, defects, flaws in programming or source code or otherwise;

(f) failure, malfunction or breakdown of, or disruption to, the operation of any Blockchain, any Blockchain-based software systems or any Blockchain technology in connection with the operations of the Company, the Cryptaur Platform, Cryptaur Tokens, the Accounts or the Wallets, due to occurrences of hardforking, hacks, cyber-attacks, distributed denials of service, errors, vulnerabilities, defects, flaws in programming or source code or otherwise;

(g) any virus, error, bug, flaw, defect or otherwise adversely affecting the operation, functionality, usage, storage, transmission mechanisms, transferability or tradeability (after Cryptaur Tokens have been made available for trading on a cryptocurrency exchange) and other material characteristics of Cryptaur Tokens;

(h) decreases or volatility in traded prices or trading volume of Cryptaur Tokens (after Cryptaur Tokens have been made available for trading on a cryptocurrency exchange);

(i) failure or unfitness of Cryptaur Tokens for any specific purpose;

(j) the manner of utilisation of ETH or Bitcoin received by the Company from the Cryptaur Token Sale;

(k) failure to disclose information relating to the progress of the Cryptaur Token Sale;

(l) loss or destruction of the Keys for any of the Accounts, Ethereum Smart Contract or Wallets;

(m) failure or delay in the availability of Cryptaur Tokens for trading on a cryptocurrency exchange;

(n) any rejection of trading of Cryptaur Tokens by a cryptocurrency exchange;

(o) any prohibition, restriction or regulation by any government or regulatory authority in any jurisdiction of the operation, functionality, usage, storage, transmission mechanisms, transferability or tradeability (after Cryptaur Tokens have been made available for trading on a cryptocurrency exchange) or other material characteristics of Cryptaur Tokens;

(p) any risks associated with the Cryptaur Token Sale, the conduct of the Cryptaur Token Sale via the Website, Cryptaur Tokens, Cryptaur Smartbook, the Cryptaur Platform, the Company and/or your purchase of Cryptaur Tokens, including but not limited to the risks set out in the Annex 1 hereto; and/or

(q) all other risks, direct, indirect or ancillary, whether in relation to the Cryptaur Token Sale, the conduct of the Cryptaur Token Sale via the Website, Cryptaur Tokens, Cryptaur Smartbook, the Cryptaur Platform, the Website, the Company and/or your purchase of Cryptaur Tokens which are not specifically or explicitly contained in or stated in these Terms or set out in Annex 1.

3. TOKEN SALE

3.1 Cryptaur Tokens are distributed by the Company only and through the Website only.

3.2 Sale Periods

(a) Cryptaur Tokens are available for purchase to eligible Purchasers only during the Sale Periods. The Company may be undertaking a subsequent token sale which may be commenced at such time as may be determined by the Company. No representation, warranty or undertaking as to the subsequent sale or any Cryptaur Token or any other token by the Company or the commencement thereof is provided by the Company.

(b) The Website may not inform you if the Sale Periods had expired or elapsed and the Company is under no obligation to, and will not, inform you of the same.

(c) You agree that you shall be under no obligation to make any purchase of any Cryptaur Tokens during the Sale Periods. If any attempt to purchase any Cryptaur Token(s) is made after the expiry of the declared Sale Periods and payment for such attempted purchase of any Cryptaur Token(s) has been made, you acknowledge and agree that

such sale and purchase of Cryptaur Tokens shall be invalid and

the Company shall not be under any obligation

in any form or manner whatsoever to you; and you hereby waive all rights, claims and/or courses of action (present or future) under law (including any tortious claims) or contract against, and shall further hold harmless, the Company from and against any and all losses, damages, taxes, liabilities and expenses that may be incurred by you or any other person or entity arising therefrom.

The foregoing of this Clause 3.2 shall still be applicable notwithstanding that any payment for such attempted purchase made after the Expiry of Sale Periods may be reflected as validated and verified on the Ethereum Blockchain, unless the Company, in its sole and absolute discretion, decides to accept as valid such purchase made after the expiry of the Sale Periods.

3.3 Eligibility to Purchase

(a) You shall not participate in the Cryptaur Token Sale if there are applicable legal restrictions in your country of residence or domicile. It is your sole responsibility in ensuring that that your participation in the Cryptaur Token Sale is not prohibited under the applicable legal restrictions in your country of residence or domicile.

(b) Further, you shall not be eligible to, and you shall not, make any purchases of Cryptaur Tokens under these Terms if you are a:

(i) citizen, resident (tax or otherwise) or green card holder of the United States of America or a citizen, or if you have a primary residence or domicile in the United States of America, including Puerto Rico, the United States Virgin Islands and any other possessions of the United States of America;

(ii) citizen or resident (tax or otherwise) of the Republic of Singapore; or

(iii) citizen or resident (tax or otherwise) of the Hong Kong Special Administrative Region of the People’s Republic of China.

3.4 Discount and Bounties

During Cryptaur Tokens sale discounts may be applied and Bounties issued as described in Annex 2 herein. PLEASE NOTE THAT ALL ANNOUNCED DISCOUNTS ANDCRYPTAUR BOUNTIES MAY NOT ALWAYS BE APPLIED/AWARDEDAND THE COMPANY RETAINS THE ABSOLUTE RIGHT TO REVISE, CHANGE OR TERMINATE ISSUANCE OF BOUNTIES, WITHOUT NOTICE TO YOU. ACCORDINGLY YOU ACKNOWLEDGE AND AGREE THAT ALL DISCOUNTSAND BOUNTIES ARE SUBJECT TO CHANGE AT ANY POINT OF TIME, AND NO REPRESENTATIONS, WARRANTIES OR UNDERTAKINGS IN RESPECT OF DISCOUNTS AND BOUNTIES ARE GIVEN IN ANY WAY BY THE COMPANY TO YOU.

3.5 Accepted Cryptocurrencies, Purchase Price and Payment Procedures.

(a) There are no limits to the number of Cryptaur Tokens allowed for purchase by any Purchaser.

The minimum value for each purchase during the Sale Stages will be detailed on the Website and/or its public communications that from time to time may be released by Cryptaur.

PLEASE NOTE THAT THE WEBSITE MAY NOT INFORM YOU IF YOUR PURCHASE AMOUNT FALLS BELOW THE MINIMUM PURCHASE AMOUNT AND THE COMPANY IS UNDER NO OBLIGATION TO, AND WILL NOT, INFORM YOU OF THE SAME IN ANY WAY.

(b) You shall be under no obligation to make any purchase of the Minimum Purchase Amount. In the event that you attempt to make a purchase of an amount less than the Minimum Purchase Amount, you acknowledge and agree that such sale and purchase of Cryptaur Tokens shall be invalid and the Company shall not be under any obligation whatsoever in any form or manner whatsoever to you and you hereby waive all rights, claims and/or courses of action (present or future) under law (including any tortious claims) or contract against, and shall further hold harmless, the Company from and against any and all losses, damages, taxes, liabilities and expenses that may be incurred by you or any other person or entity arising therefrom.

The foregoing shall still be applicable notwithstanding that any payment for such attempted purchase of less than the Minimum Purchase Amount may be reflected as validated and verified on the Ethereum Blockchain.

(c) The purchase price (“Purchase Price”) of Cryptaur Tokens in the Cryptaur Token Sale shall be communicated on the Website. The Company reserves the right, to be exercised in its sole and absolute discretion, to adjust the Purchase Price at any time during the Sale Periods.

(d) Only Ether (ETH) and Bitcoin (BTC) shall be accepted by the Company as payment for Cryptaur Tokens. Your purchase of Cryptaur Tokens under these Terms shall be deemed to be confirmed upon validation and verification of payment for your purchase on the relevant Blockchain.

(e) In the case where you elect to participate in the Cryptaur Token Sale with BTC or ETH:

(i) the value of your BTC or ETH payment shall be determined at such exchange rate as may be adopted, in its sole and absolute discretion, by the Company with reference to exchange rates of a cryptocurrency exchange at the time when payment for your purchase is validated and verified on the relevant Blockchain; and

(ii) such value of Your Purchase Price (determined in compliance with clause (i) above shall be used for purposes of determining the number of Cryptaur Tokens you are entitled to receive.

(f) You shall transfer ETH or BTC as payment for your purchase to address generated by Ethereum Smart Contract. The payment received in your Ethereum Smart Contract shall be held in such Ethereum Smart Contract until the delivery of your purchased Cryptaur Tokens in accordance with Clause 5 below. Upon delivery of such Cryptaur Tokens, the payment in the Ethereum Smart Contract shall be released and transferred to such address of a relevant cryptocurrency wallet as may be designated by the Company for purposes of such receipt.

(g) Any payment for your purchase shall be made only to your Ethereum Smart Contract. In the event that any payment is made to any other address or any other place, you agree and acknowledge that:

(i) such payments will not be received by the Company and shall be regarded as invalid payments to the Company, and the Company shall not be under any obligation whatsoever to deliver any Cryptaur Tokens to you;

(ii) the Company shall have no obligations in any form or manner whatsoever to you; and

(iii) you hereby waive all rights, claims and/or courses of action (present or future) under law (including any tortious claims) or contract against, and shall further hold harmless, the Company from and against any and all losses, damages, taxes, liabilities and expenses that may be or are incurred by you or any other entity arising therefrom.

(h) In the event that the Company discovers, at any time after your acceptance of these Terms and prior to the delivery of Cryptaur Tokens in accordance with Clause 5 below, any attempt by you to double spend (as defined below) ETH or BTC in making payment for your purchase of Cryptaur Tokens, or your purchase of Cryptaur Tokens to be in violation of any applicable laws, regulations or rules or in non-compliance with the internal policies of the Company and any ETH or BTC as paid by you have been received in the Ethereum Smart Contract, you acknowledge and agree that:

(i) any such payment as paid by you and received in the Ethereum Smart Contract for such attempted purchase shall be released and transferred to such address of a relevant cryptocurrency wallet as may be designated by the Company for the purposes of receipt of the same, and such payment may be utilized by the Company for the purposes of the development of the Cryptaur Platform or such other purposes as the Company may in its sole and absolute discretion determined;

(ii) the Company shall be under no obligation to provide, and you shall have no right to receive or request for, any refund for any part of the payment(s) made by you and received in the Ethereum Smart Contract;

(iii) the Company shall not be obliged to deliver any Cryptaur Tokens to you and shall have no obligation in any form or manner whatsoever to you; and

(iv) you hereby waive all rights, claims and/or courses of action (present or future) under law (including any tortious claims) or contract against, and shall further hold harmless, the Company from and against any and all losses, damages, taxes, liabilities and expenses that may be incurred by you or any other person or entity arising therefrom.

For purposes of these Terms, an attempt to “double spend” means an attempt to undertake two (2) different transactions on the Ethereum Blockchain or any other cryptocurrency network and spend the same account balance on each of the transactions.

For the avoidance of doubt, the foregoing of this Clause 3.5(h) shall still be applicable notwithstanding that any payment for such purchase referred to in this Clause 3 may be reflected as validated and verified on the relevant Blockchain, unless the Company, in its sole and absolute discretion, decides to accept as valid such purchase which is made pursuant to an attempt to double spend and/or in violation of any applicable laws, regulations or rules or in non-compliance with the internal policies of the Company.

(i) PLEASE NOTE THAT THE WEBSITE MAY NOT INFORM YOU IF THE COMPANY DISCOVERS ANY ATTEMPT BY YOU TO DOUBLE SPEND OR YOUR PURCHASE OF CRYPTAUR TOKENS TO BE IN VIOLATION OF ANY APPLICABLE LAWS, REGULATIONS OR RULES OR IN NON-COMPLIANCE WITH THE INTERNAL POLICIES OF THE COMPANY, AND THE COMPANY IS UNDER NO OBLIGATION TO, AND WILL NOT, INFORM YOU OF THE SAME.

4. ACCOUNT AND WALLET REGISTRATION

4.1 For the purposes of your purchase and payment of Cryptaur Tokens in the Cryptaur Token Sale, theYou must register on the Website and create Your individual User account (“Account”).

4.2 Each Account will include a login username and a password. You represent and warrant that all information provided during registration as a User are true, complete, accurate and not misleading on the time You are registering as a User. You hereby expressly undertake to be solely responsible for the use of your Account, including your login username and password, and further undertake to keep your Account information private and to immediately notify the Company of any modification to your Account or any unauthorized Account activity that you may become aware of.

4.3 You represent and warrant that your use of your Account, your Ethereum Smart Contract and your Wallet is at your own discretion and in compliance with all applicable laws, regulations and/or rules in all applicable jurisdictions.

4.4 You undertake to maintain and safe-keep your Account in a secure manner by ensuring that your passwords, private key pairs, personal identification numbers and any other codes or keys that you use to access and use your Account (“Keys”).

IF YOU LOSE ACCESS TO YOUR ACCOUNT OR WALLET OR YOUR KEYS AND YOU HAVE NOT SEPARATELY STORED A BACKUP OF YOUR WALLET AND KEYS, YOU ACKNOWLEDGE AND AGREE THAT YOU ARE AWARE THAT NO BACKUP IS STORED BY THE COMPANY, AND ANY CRYPTAUR TOKEN(S) YOU HAVE ASSOCIATED WITH THAT WALLET WILL BECOME INACCESSIBLE.

You acknowledge and agree that all transaction requests are irreversible. The authors of the Software, the Company, the officers, employees, agents and affiliates of the Company and/or the copyright holders of the Software cannot retrieve your Keys if you lose or forget them and cannot guarantee transaction confirmation as they may not have control over the Cryptaur Platform or the Cryptaur Tokens network.

4.5 The Wallet created upon your successful registration is a software (“Software”) which functions as a free, open source, digital wallet, and does not constitute an account where the Company or other third parties serve as financial intermediaries or custodians of your Cryptaur Token(s). YOU REMAIN SOLELY RESPONSIBLE FOR YOUR WALLET, YOUR ACCOUNT (INCLUDING YOUR ETHEREUM SMART CONTRACT), YOUR CRYPTAUR TOKENS AND YOUR KEYS.

THE SOFTWARE IS PROVIDED “AS IS”, “WHERE IS” BASIS WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OF THE SOFTWARE, THE COMPANY, THE OFFICERS, EMPLOYEES, AGENTS AND AFFILIATES OF THE COMPANY AND/OR THE COPYRIGHT HOLDERS OF THE SOFTWARE BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

IN NO EVENT WILL THE COMPANY OR ITS AFFILIATES, OR ANY OF ITS OR THEIR RESPECTIVE SERVICE PROVIDERS, BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY USE, INTERRUPTION, DELAY OR INABILITY TO USE THE SOFTWARE, LOST REVENUES OR PROFITS, DELAYS, INTERRUPTION OR LOSS OF SERVICES, BUSINESS OR GOODWILL, LOSS OR CORRUPTION OF DATA, LOSS RESULTING FROM SYSTEM OR SYSTEM SERVICE FAILURE, MALFUNCTION OR SHUTDOWN, FAILURE TO ACCURATELY TRANSFER, READ OR TRANSMIT INFORMATION, FAILURE TO UPDATE OR PROVIDE CORRECT INFORMATION, SYSTEM INCOMPATIBILITY OR PROVISION OF INCORRECT COMPATIBILITY INFORMATION OR BREACHES IN SYSTEM SECURITY, OR FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES, WHETHER ARISING OUT OF OR IN CONNECTION WITH THESE TERMS, BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE AND WHETHER OR NOT WE WERE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

4.6 In the event of any loss, liability (whether towards third parties or otherwise), hack or theft of cryptocurrencies or tokens from any of your Wallet or your Ethereum Smart Contract, you acknowledge and confirm that you shall have no right(s), claim(s) or causes of action in any way whatsoever against the Company.

4.7 You may deactivate your Account, at any time and for any reason, by sending an email request to [email protected] We may terminate your use of and registration of your Account at any time if you violate these Terms, at our sole and absolute discretion and without prior notice and without any liability or further obligation of any kind whatsoever to you or any other party, when we find such measures reasonable and/or necessary in a particular situation.

5. DELIVERY OF PURCHASED CRYPTAUR TOKENS

5.1 The Company shall use all reasonable endeavours to deliver the purchased Cryptaur Tokens and where applicable, Bounties, as soon as practicable after the expiry of the Sale Periods, to your Wallet. Cryptaur Tokensand Bounties (where applicable) shall be deemed to be received by you upon validation and verification of receipt of Cryptaur Tokens in your Wallet.

5.2 Delivery of Cryptaur Tokens and Bounties (where applicable) to you in accordance with Clause 5.1 above shall only be made on satisfaction of all, and not only some, of the following:

(a) payment for Your purchase of the Cryptarur tokens has been transfer in full and received on the address generated by Ethereum Smart Contract in accordance with Clause 3.5 above;

(b) your Account and your Wallet registered by you and your ensuring that the Account and the Wallet are being maintained in fully operational, secure and valid status; and

(c) verification and verification of payment of your purchase on the relevant Blockchains.

5.3 After the delivery and receipt of Cryptaur Tokens and Bounties (where applicable) in accordance with Clause 5.1 above, you shall have no right(s), claim(s) or causes of action against the Company for any loss, hack or theft of received Cryptaur Tokens and Bounties (where applicable).

5.4 Cryptaur Tokens, and Bounties (where applicable), shall be delivered to and accepted by you on an “as is” basis without warranties of any kind by the Company. The Company hereby expressly disclaims all implied warranties in relation to Cryptaur Tokens and Bounties (where applicable), and the delivery thereof.

5.5 It is the current intention of the Company for Cryptaur Tokens to be made available on a cryptocurrency exchange and be freely transferable and tradeable thereon within the foreseeable future. However, you acknowledge that there is no certainty that such availability, any approval for the availability, transferability or tradeability will be successfully achieved, and no representation, warranty or undertaking in respect of the foregoing is given in any way by the Company.

5.6 Any availability, or approval for the availability, of Cryptaur Tokens for trading on any cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of the Cryptaur Token Sale, Cryptaur Tokens, Bounties, Cryptaur Smartbook, the Cryptaur Platform, the Website or the Company.

6. WITHDRAWALS, CANCELLATIONS, REJECTIONS OF PURCHASES AND ABORTION OF CRYPTAUR TOKEN SALE

6.1 Upon validation and verification of payment for your purchase on the relevant Blockchains:

(a) your purchase of Cryptaur Tokens from the Company under these Terms shall be deemed to be final; and

(b) unless otherwise required by the applicable laws, regulations and/or rules, you shall not be entitled to any withdrawals or cancellations of purchases, or any refunds.

6.2 The Company reserves the right, in its sole and absolute discretion, to abort the Cryptaur Token Sale at any time or reject any purchases at any time after your acceptance of these Terms and prior to the delivery of Cryptaur Tokens in accordance with Clause 5. In the event of any such rejection of a purchase you acknowledge and agree that:

(a) your purchase of Cryptaur Tokens shall be invalid;

(b) the Company shall not be under any obligation whatsoever to issue or deliver any Cryptaur Tokens to your Wallet;

(c) subject to Clause 6.3 below, provided that such payment has been transferred to and received on the address of generated by Ethereum Smart Contract, such payment shall be refunded in full without interest net of all administrative charges that may be incurred for such refund (if any), and you agree that all administrative and/or third party charges incurred in connection with such refund shall be borne by you,and upon such refund being effected:

(d) the Company shall have no obligation in any form or manner whatsoever to you; and

(e) you hereby waive all rights, claims and/or courses of action (present or future) under law (including any tortious claims) or contract against, and shall further hold harmless, the Company from and against any and all losses, damages, taxes, liabilities and expenses that may be incurred by you or any other person or entity arising therefrom.

PLEASE NOTE THAT THE WEBSITE MAY NOT INFORM YOU IF YOUR PURCHASE HAS BEEN REJECTED OR THE CRYPTAUR TOKEN SALE HAS BEEN ABORTED TO ANY EXTENT, AND THE COMPANY IS UNDER NO OBLIGATION TO, AND WILL NOT, INFORM YOU OF THE SAME, FROM TIME TO TIME.

7. THIRD-PARTY WEBSITES AND SERVICES

7.1 The pages of the Website may contain links to third-party websites and services which are owned and operated by third parties (“Third Party Online Products and Service(s)”). These links are provided for your information and convenience only, and are NOT an endorsement by the Company and/or its subsidiaries, related companies, affiliates, directors, officers, employees, agents, successors, and permitted assignees of the contents of such linked websites or third parties, over which none of the aforementioned entities have any control over. Your access to and use of any Third Party Online Products and Service is governed by the terms, conditions, disclaimers and notices found on each such website or in connection with such services. The Company has not verified, will not, and is under no obligation to verify the accuracy, suitability or completeness of the contents on such Third Party Online Products and Services, and the Company does not control, endorse, warrant, promote, recommend or in any way assumes responsibility or liability for any services or products that may be offered by or accessed through such Third Party Online Products and Services or the operators of them, or the suitability or quality of any of such Third Party Online Products and Services. In addition, the Company does not warrant that such Third Party Online Products and Services or the software, data or files contained in, accessed via or linked or referred to in, such Third Party Online Products and Services are free of viruses (or other deleterious data or programs) or defects or that use of such Third Party Online Products and Services will not cause harm or that they conform or will conform with any user expectations. Furthermore, the Company is not responsible for maintaining any materials referenced from another website, and makes no warranties for that website or service in such context.

7.2 To the maximum extent permitted by all applicable laws, regulations and rules, the Company shall not be liable for any damage or loss of any kind, whether direct or indirectly, or in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data) or any other impact, directly or indirectly resulting from or relating to:

(a) the access to and/or use of any content, goods or services available on, from or through any Third Party Online Product and Service;

(b) the inability to access or the malfunction of any Third Party Online Product and Service;

(c) the loss, use or misuse of, or unauthorized access to, any data or personal or other financial information provided by you to any Third Party Online Product and Service;

(d) the failure by any Third Party Online Product and Service to complete any transaction for any reason;

(e) any failure or break of any Third Party Online Product and Service’s security protections, mechanisms, protocol and/or procedures; and/or

(f) the direct or indirect use of any Third Party Online Service or any other website or service by other persons.

8. REPRESENTATIONS, WARRANTIES AND UNDERTAKINGS

8.1 By accepting these Terms, you represent and warrant to the Company that:

(a) you acknowledge and agree that Cryptaur Tokens and Bounties, are not to be construed, interpreted, classified or treated as:

(i) any kind of currency other than cryptocurrency;

(ii) debentures, stocks or shares issued by the Company;

(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; or

(viii) any other security or class of securities,

(b) you acknowledge and agree that Cryptaur Tokensand Bounties, are not intended to constitute securities in any jurisdiction and these Terms do 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;

(c) you acknowledge that no regulatory authority has examined or approved of these Terms, no such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the provision of these Terms to you does not imply that the applicable laws, regulatory requirements or rules have been complied with;

(d) you have read and understood all of these Terms including the Annexes hereto;

(e) your Account and Wallet will be registered and will be fully operational, secure and valid prior to delivery of Cryptaur Tokens and/or Bounties, which you may acquire and/or in the event of any refund pursuant to these Terms;

(f) you are not a person falling within any of the categories as set out in Clauses 3.3(b) above;

(g) you have full power and capacity to accept these Terms and perform all your obligations hereunder and in the case where you are accepting these Terms on behalf of a corporation:

(i) such corporation is duly incorporated and validly existing under the applicable laws; and

(ii) you are duly authorised to accept these Terms and procure the performance of obligations hereunder;

(h) you have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of cryptocurrencies including Cryptaur Tokens and Ether, Blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, Blockchain technology and smart contract technology;

(i) you are fully aware of and understand the risks associated with the Cryptaur Token Sale, the conduct of the Cryptaur Token Sale via the Website, Cryptaur Tokens, Bounties, Cryptaur Smartbook, the Cryptaur Platform, the Website, the Company and your purchase of Cryptaur Tokens, including but not limited to the risks set out in the Annex 1 hereto;

(j) these Terms constitute legal, valid and binding obligations on you, enforceable in accordance with its terms and your purchase, receipt, holding, use, sale, transfer or otherwise of Cryptaur Tokens, Bounties, or use of the Website and your Account is not in breach or contravention of any applicable law, regulation or rule in your jurisdiction;

(k) you are not a citizen or resident of any jurisdiction in which the purchase, receipt and holding of Cryptaur Tokens is prohibited, restricted, curtailed, hindered, impaired or otherwise adversely affected by any applicable law, regulation or rule, and in particular you do not fall within the categories of persons who are not eligible to participate in the Cryptaur Token Sale under Clause 3.3(b) herein;

(l) no consent, approval, order or authorisation of, or registration, qualification, designation, declaration or filing with, any regulatory authority in any jurisdiction (the “Approvals”) is required on your part in connection with your purchase of Cryptaur Tokens, or where any Approvals are required, such Approvals have been obtained and remain valid and in full force and effect;

(m) the funds to be used for payment for your purchase have not been obtained through any acts in connection with money laundering, terrorism financing or any other acts in breach or contravention of any applicable law, regulation or rule or other illegal or unethical sources;

(n) you have sufficient funds to fulfil your obligations under these Terms and the Cryptaur Token Sale and the funds that you will use to purchase Cryptaur Tokens are legitimately owned by you and will not breach or infringe any money-laundering provisions in any way in any jurisdiction;

(o) Cryptaur Tokens = and Bounties to be delivered to and received by you will not be used for any purpose in connection with money laundering, terrorism financing or any other acts in breach or contravention of any applicable law, regulation or rule;

(p) you are purchasing Cryptaur Tokens as principal and for your own benefit and you are not acting on the instructions of, or as nominee or agent for or on behalf of any other person; and

(q) all of the above representations and warranties are true, complete, accurate and non-misleading from the time of your acceptance of these Terms to the time of receipt by you of Cryptaur Tokensand Bounties and/or any refund pursuant to these Terms.

8.2 By accepting these Terms and participating in the Cryptaur Token Sale, you hereby undertake to waive the right to initiate or participate in any class action lawsuit or class-wide arbitration against the Company or any other person or entity involved in the creation of Cryptaur Tokens.

8.3 You acknowledge and agree that in no way shall the Company be deemed a partner, employer or agent of you or to be providing any financial services to you at any time.

8.4 The Company does not make, and hereby disclaims, any representation or warranty in any form whatsoever, express or implied, including any representation or warranty in relation to the information set out on the Website or any other place, Cryptaur Tokens, Bounties, Cryptaur Smartbook, the Cryptaur Platform, the Company and your purchase of Cryptaur Tokens.

9. LIMITATION OF LIABILITY AND INDEMNIFICATION

9.1 To the maximum extent permitted by applicable laws, regulations and rules:

(a) the Company shall not be 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, and loss of use or data), arising out of or in connection with the purchase, use, receipt or holding of Cryptaur Tokens by you;

(b) the aggregate liability of the Company, in tort, contract or otherwise, arising out of or in connection with the purchase, use, receipt or holding of Cryptaur Tokens by you shall not exceed US$1.00; and

(c) you hereby agree to waive all rights to assert any claims under the applicable laws, regulations and rules and you may make claims based only on these Terms.

9.2 You acknowledge and agree that the Website and Cryptaur Tokens are provided on an “as is”, “where is” basis and without any warranties of any kind, expressed or implied. You assume all responsibility and risk with respect to your use of the Website and purchase of any amount of Cryptaur Tokens and their use. To the maximum extent permitted by the applicable law, you acknowledge and agree that the owner of the Website (“Website Owner”):

(a) shall not be held liable for any damage or loss, including loss of business, revenue, or profits, or loss of or damage to data, equipment, or software (direct, indirect, punitive, actual, consequential, incidental, special, exemplary or otherwise), resulting from any use of, or inability to use, this website or the material, information, software, facilities, services or content on the Website, from buying of Cryptaur Tokens or their use by you, regardless of the basis, upon which the liability is claimed and even if the Website Owner has been advised of the possibility of such loss or damage;

(b) shall not be held liable for any liability, obligation or responsibility whatsoever for any change of the value of Cryptaur Tokens;

(c) shall not be deemed to guarantee in any manner that Cryptaur Tokens may be sold or transferred during or after the Cryptaur Token Sale;

(d) shall not be responsible for the content of the Website, developments/proceedings on it at any time, in any country and/or geographic location, or at any given time;

(e) shall not be liable for any illegal or unauthorized use of the Website or the use or purchase of Cryptaur Tokens; and

(f) does not warrant or represent that any information on the website is accurate or reliable or that the website will be free of errors or viruses, that defects will be corrected, or that the service or the server that makes it available is free of viruses or other harmful components.

9.3 To the extent allowable pursuant to applicable law, you shall indemnify, defend, and hold the Company and/or its subsidiaries, related companies, affiliates, directors, officers, employees, agents, successors, and permitted assignees (“Indemnified Persons”) harmless from and against any and all claims, damages, losses, suits, actions, demands, proceedings, expenses, and/or liabilities (including but not limited to reasonable legal fees incurred and/or those necessary to successfully establish the right to indemnification) filed/incurred by any third party against any of the Indemnified Persons arising out of a breach of any warranty, representation, or obligation hereunder.

10. TAXES

10.1 The purchase price that you pay for Cryptaur Tokens shall be exclusive of all taxes that are applicable to your purchase, receipt and holding of Cryptaur Tokens in any jurisdiction (“Payable Tax”).

10.2 You shall be responsible for determining any Payable Tax and declaring, withholding, collecting, reporting and remitting the correct amount of Payable Tax to the appropriate tax authorities. You shall be solely liable for all penalties, claims, fines, punishments, or other liabilities arising from the non-fulfillment or non-performance to any extent of any of your obligations in relation to the Payable Tax.

10.3 The Company shall not be responsible for determining any Payable Tax and declaring, withholding, collecting, reporting and remitting the correct amount of Payable Tax to the appropriate tax authorities.

11. INTELLECTUAL PROPERTY RIGHTS

11.1 The Company has valid, unrestricted and exclusive ownership of rights to use the patents, trademarks, trademark registrations, trade names, copyrights, know-how, technology and other intellectual property used during selling of Cryptaur Tokens and its activities generally.

11.2 In no way shall this Agreement entitle you to any intellectual property rights, including but not limited to the intellectual property rights for the Website and all text, graphics, user interface, visual interface, photographs, trademarks, logos, artwork, and computer code, design, structure, selection, coordination, expression and other content connected to the Website. Arrangement of such content is owned or legally used by the Company.

11.3 There are no implied licences under these Terms, and any rights not expressly granted to you hereunder are reserved by the Company.

12. ASSUMPTION OF RISKS

Your acceptance of these Terms shall be deemed to be an agreement by you to assume, wholly and unconditionally, all risks (including direct, indirect or ancillary risks) associated with the Cryptaur Token Sale, Cryptaur Tokens, Bounties, Cryptaur Smartbook, the Cryptaur Platform, Website, the Company and your purchase of Cryptaur Tokens.

13. REFUND OF PAYMENT

You acknowledge, agree and confirm that there shall be no refund of any payment made by you in any form or manner unless clearly provided for under these Terms. All risks in relation to any refund of payment made pursuant to these Terms shall be borne absolutely by you and none of the Company, or any other directors, officers, agents, employees or any other persons associated with the Company shall be liable for any such risks.

14. SURVIVING TERMS

Notwithstanding the expiry of the Sale Periods, any clauses in relation to delivery of Cryptaur Tokens to you or any abortion of the Cryptaur Token Saleas well as Clauses 1, 8, 9, 11 to 16, and the Annex 1 hereto shall remain valid and in full force and effect.

15. JURISDICTION AND DISPUTE RESOLUTION

15.1 These Terms and all questions concerning the construction, validity, enforcement and interpretation of these Terms shall be governed by and construed and enforced in accordance with the laws of Singapore.

15.2 To resolve any dispute, controversy or claim between them arising out of or relating to these Terms, or the breach thereof, the Parties agree first to negotiate in good faith for a period of not less than 60 days following written notification of such controversy or claim to the other Party.

15.3 If the negotiations do not resolve the dispute, controversy or claim to the reasonable satisfaction of all Parties during such 60 day period, then the Parties irrevocably and unconditionally submit to the exclusive jurisdiction of Singapore courts.

16. MISCELLANEOUS

16.1 Entire Agreement: These Terms contain the entire agreement and the understanding between the Parties and supersede all prior agreements, understandings or arrangements (both oral and written) in relation to the Cryptaur Token Sale and your purchase of Cryptaur Tokens. No provision of these Terms shall be considered waived unless such waiver is in writing and signed by the Party that benefits from the enforcement of such provision. No waiver of any provision in these Terms, however, will be deemed a waiver of a subsequent breach of such provision or a waiver of a similar provision. In addition, a waiver of any breach or a failure to enforce any term or condition of these Terms will not in any way affect, limit, or waive a Party’s rights hereunder at any time to enforce strict compliance thereafter with every term and condition hereof.

16.2 Assignment: The Company may, at its sole discretion, assign its rights and/or delegate its duties under these Terms. You may not assign your rights or delegate your duties, and any assignment or delegation without the written consent of the Company, which the Company may withhold at its sole and absolute discretion, shall be void. Subject to these Terms, only you and no other person shall have the right to any claim against the Company in connection with your purchase hereunder. You shall not assign, trade or transfer, or attempt to assign, trade or transfer, your right to any such claim. Any such assignment or transfer shall not impose any obligation or liability of the Company to the assignee or transferee.

16.3 Severability: If any term, provision, covenant or restriction of these Terms is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the Parties hereto shall use their commercially reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the Parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable. The illegality, invalidity or unenforceability of any provision of these Terms under the law of any jurisdiction shall not affect its legality, validity or enforceability under the law of any other jurisdiction nor the legality, validity or enforceability of any other provision.

16.4 You may send any questions regarding the use of the Website or Cryptaur Tokens or regarding these Terms via e-mail at [email protected]

ANNEX 1

RISK FACTORS

You should carefully consider and evaluate each of the following risk factors and all other information contained in the Terms before deciding to participate in the Cryptaur Token Sale. To the best of the Company’s knowledge and belief, all risk factors which are material to you in making an informed judgement to participate in the Cryptaur Token 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 operations of the Company and the maintenance and level of usage of the Cryptaur Platform could be materially and adversely affected. In such cases, the trading price of Cryptaur Tokens (in the case where they are listed on a cryptocurrency exchange) could decline due to any of these considerations, uncertainties or material risks, and you may lose all or part of your Cryptaur Tokens.

RISKS RELATING TO PARTICIPATION IN THE CRYPTAUR TOKEN SALE

Future sales or issuance of Cryptaur Tokens could materially and adversely affect the market price of Cryptaur Tokens

Any future sale or issuance of Cryptaur Tokens would increase the supply of Cryptaur Tokens in the market and this may result in a downward price pressure on Cryptaur Tokens. The sale or issue of a significant number of Cryptaur Tokens outside of the Cryptaur Token Sale (including but not limited to Cryptaur Tokens issued to Users of the Cryptaur Platform), or the perception that such further sales or issuance may occur, could adversely affect the trading price of Cryptaur Tokens.

Negative publicity may materially and adversely affect the price of Cryptaur Tokens

Negative publicity involving the Company, the Cryptaur Platform or any other products and/or services of the Company, Cryptaur Tokens or any of the key personnel of the Company may materially and adversely affect the market perception or market price of Cryptaur Tokens, whether or not it is justified.

We may not be able to pay Bounties

There is no assurance you will receive any Bounty even if the relevant thresholds are achieved. This is because the ability of the Company to pay any Bounty to you will depend on the Company’s available resources at the point of purchase, which depends on the business and financial condition of the Company. Further, as there is no maximum purchase amount in the Cryptaur Token Sale, there is no assurance that the Company will have sufficient resources to issue the specified Bounty amount to all eligible participants, particularly if the number of participants is higher than expected.

There is no prior market for Cryptaur Tokens and the Cryptaur Token Sale may not result in an active or liquid market for Cryptaur Tokens

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

A Cryptaur 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. The Company is not responsible for nor does it pursue the circulation and trading of Cryptaur Tokens on the market. Trading of Cryptaur Tokens merely depends on the consensus on its value between the relevant market participants, and no one is obliged to purchase any Cryptaur Token from any Cryptaur Token holder, including the Purchasers, not does anyone guarantee the liquidity or market price of Cryptaur Tokens to any extent at any time. Accordingly, the Company cannot ensure that there will be any demand or market for Cryptaur Tokens, or that the Purchase Price is indicative of the market price of Cryptaur Tokens after they have been made available for trading on a cryptocurrency exchange.

There is no assurance of any success of the Cryptaur Platform

The value of, and demand for, Cryptaur Tokens hinges heavily on the performance and popularity of the Cryptaur Platform. There is no assurance that the Cryptaur Platform will gain traction after its launch and achieve any commercial success. Although the Company continuously performs beta tests on the Cryptaur Platform with relatively positive results, the Cryptaur Platform has not been fully developed and finalised and is subject to further changes, updates and adjustments prior to its launch. Such changes may result in unexpected and unforeseen effects on its projected appeal to users, possibly due to the failure to meet preconceived expectations based on the beta version, and hence impact its success. Limited usage of the Cryptaur Platform would impact the public demand for Cryptaur Tokens and correspondingly the trading price of Cryptaur Tokens.

There is also no assurance that the cryptocurrencies raised in the Cryptaur Token Sale will be sufficient for the development of the Cryptaur Platform. For the foregoing or any other reason, the development of the Cryptaur Platform may not be completed and there is no assurance that it will be launched at all. As such, Cryptaur Tokens issued may hold little worth or value, and this would impact its trading price.

The trading price of Cryptaur Tokens may fluctuate following the Cryptaur 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 corresponding the market price of, Cryptaur Tokens may fluctuate significantly and rapidly in response to, among others, the following factors, some of which are beyond the control of the Company:

(a) new technical innovations;

(b) analysts’ speculations, recommendations, perceptions or estimates of the Cryptaur Token’s market price or the Company’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 as Cryptaur Tokens;

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

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

(f) additions or departures of key personnel of the Company;

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

(i) 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 Cryptaur Token Sale are exposed to risks of theft.

The Company will make every effort to ensure that the funds received from the Cryptaur Token Sale will be held securely. . There is no assurance that there will be no theft of the cryptocurrencies as a result of hacks, sophisticated cyber-attacks, distributed denials of service or errors, vulnerabilities or defects on the Ethereum Smart Contract, 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, the Company may not be able to make any refunds of payments where applicable in accordance with the Terms, and furthermore, even if the Cryptaur Token Sale is completed, the Company may not be able to receive the cryptocurrencies raised and will not be able to utilise such funds for the development of the Cryptaur Platform, and the launch of the Cryptaur Platform might be temporarily or permanently curtailed. As such, Cryptaur Tokens issued may hold little worth or value, and this would impact its trading price. Cryptaur Tokens are uninsured, unless you specifically obtain private insurance to insure them. In the event of any loss or loss of value, you may have no recourse.

RISKS RELATING TO THE COMPANY

The Cryptaur Platform is operated and maintained by the Company. Any events or circumstances which adversely affect the Company may have a corresponding adverse effect on the Cryptaur Platform.. This would correspondingly have an impact on the trading price of Cryptaur Tokens.

The Company may be materially and adversely affected if it fails to effectively manage its operations as its business develops and evolves, which would have a direct impact on its ability to maintain the Cryptaur Platform and consequently the trading price of Cryptaur Tokens.

The financial technology and cryptocurrency industries and the markets in which the Company competes have grown rapidly over the history of the Company’s operations and continue to evolve in response to new technological advances, changing business models and other factors. As a result of this constantly changing environment, the Company may face operational difficulties in adjusting to the changes, and the sustainability of the Company will depend on its ability to manage its operations, adapt to technological advances and market trends and ensure that it hires qualified and competent employees, and provide proper training for its personnel. As its business evolves, the Company must also expand and adapt its operational infrastructure. The Company’s business relies on its Blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, Blockchain technology and smart contract technology, and to manage technical support infrastructure for the Cryptaur Platform effectively, the Company will need to continue to upgrade and improve its data systems and other operational systems, procedures and controls. These upgrades and improvements will require a dedication of resources, are likely to be complex and increasingly rely on hosted computer services from third parties that the Company does not control. If the Company is unable to adapt its systems and organisation in a timely, efficient and cost-effective manner to accommodate changing circumstances, its business, financial condition and results of operations may be adversely affected. If the third parties whom the Company relies on are subject to a security breach or otherwise suffer disruptions that impact the services the Company utilises, the integrity and availability of its internal information could be compromised, which may consequently cause the loss of confidential or proprietary information, and economic loss. The loss of financial, labour or other resources, and any other adverse effect on the Company’s business, financial condition and operations, would have a direct adverse effect on the Company’s ability to maintain the Cryptaur Platform. As the Cryptaur Platform is the main product to which Cryptaur Tokens relate, this may adversely impact the trading price of Cryptaur Tokens.

The Company 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 infrastructure network, and/or the Cryptaur Platform

The Company is not able to anticipate when there would be occurrences of hacks, cyber-attacks, distributed denials of service or errors, vulnerabilities or defects in the Cryptaur Platform, Cryptaur Tokens, the Accounts or the Wallets, or any smart contract technology on which the Company, the Cryptaur Platform, Cryptaur Tokens, the Accounts, the Wallets, or the Cryptaur Token Sale relies, or on the Ethereum Blockchain or any other Blockchain. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. The Company 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 network or services, which would include the Cryptaur Platform could be disrupted by numerous events, including natural disasters, equipment breakdown, network connectivity downtime, power losses, or even intentional disruptions of our services, such as disruptions caused by software viruses or attacks by unauthorised users, some of which are beyond the Company’s control. Further, cryptography is evolving and advances in cryptography such as code cracking, or technical advances such as the development of quantum computers, could present risks to all cryptography-based systems. Although the Company has taken steps against malicious attacks on its appliances or its infrastructure, which are critical for the maintenance of the Cryptaur Platform and its other services, there can be no assurance that cyber-attacks, such as distributed denials of service, will not be attempted in the future, that the Company’s enhanced security measures will be effective. The Company may be prone to attacks on its infrastructure intended to steal information about its technology, financial data or user information or take other actions that would be damaging to the Company and users of the Cryptaur Platform. Any significant breach of the Company’s security measures or other disruptions resulting in a compromise of the usability, stability and security of the Company’s network or services (including the Cryptaur Platform) may adversely affect the trading price of Cryptaur Tokens.

We are dependent in part on the location and data centre facilities of third parties.

The Company’s infrastructure network is in part established through servers that which it owns and houses at the location facilities of third parties, and servers that it rents at data centre facilities of third parties. If the Company is unable to renew its data facility lease on commercially reasonable terms or at all, the Company may be required to transfer its servers to a new data centre 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 unauthorised access to the data in such servers. As techniques used to obtain unauthorised access to, or to sabotage systems change frequently and generally are not recognised until launched against a target, the Company and the providers of such facilities may be unable to anticipate these techniques or to implement adequate preventive measures. Any such security breaches or damages which occur which impacts upon the Company’s infrastructure network and/or the Cryptaur Platform may adversely impact the price of Cryptaur Tokens.

General global market and economic conditions may have an adverse impact on the Company’s operating performance, results of operations.

The Company has been and 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 negative effect on trading price of Cryptaur Tokens.

The Company or Cryptaur Tokens may be affected by newly implemented regulations

Cryptocurrency trading is generally unregulated worldwide, but numerous regulatory authorities across jurisdictions have been outspoken about considering the implementation of regulatory regimes which govern cryptocurrency or cryptocurrency markets. The Company or Cryptaur Tokens may be affected by newly implemented regulations relating to cryptocurrencies or cryptocurrency markets, 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 Cryptaur Platform. This may impact the appeal of the Cryptaur Platform for users and result in decreased usage of the Cryptaur Platform. Further, should the costs (financial or otherwise) of complying with such newly implemented regulations exceed a certain threshold, maintaining the Cryptaur Platform may no longer be commercially viable and the Company may opt to discontinue the Cryptaur Platform and/or Cryptaur Tokens. Further, it is difficult to predict how or whether governments or regulatory authorities may implement any changes to laws and regulations affecting distributed ledger technology and its applications, including the Cryptaur Platform and Cryptaur Tokens. The Company may also have to cease operations in a jurisdiction that makes it illegal to operate in such 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 trading price of Cryptaur Tokens will be adversely affected or Cryptaur Tokens may cease to be traded.

There may be unanticipated risks arising from Cryptaur Tokens

Cryptographic Tokens such as Cryptaur Tokens are a relatively new and dynamic technology. In addition to the risks included in this Annex 1, there are other risks associated with your purchase, holding and use of Cryptaur Tokens, including those that the Company cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this Annex1.

ANNEX 2

DISCOUNTS AND BOUNTIES

During the Cryptaur Token Sale discounts may be applied and Bounties issued to you, unless otherwise required by applicable laws, regulations or rules.

The Company will apply discounts, issue/distribute Bounties in compliance with plans from time to time communicated on the Website.