LEGAL DISCLAIMER

PLEASE READ THE ENTIRETY OF THIS "LEGAL DISCLAIMER" SECTION CAREFULLY.

NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE
AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER
PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION
HEREWITH. NEITHER DEGIS GLOBAL LIMITED (THE COMPANY), ANY OF THE
PROJECT TEAM MEMBERS (THE DEGIS TEAM) WHO HAVE WORKED ON THE DEGIS
PLATFORM (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE DEGIS
PLATFORM IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR/VENDOR OF DEG
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 DEG (THE TOKEN DOCUMENTATION) AVAILABLE ON THE WEBSITE
AT HTTPS://DEGIS.IO/ (THE WEBSITE, INCLUDING ANY SUB-DOMAINS THEREON) OR
ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY.
Project purpose: You agree that you are acquiring DEG to participate in the Degis platform
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
Degis platform. The Company is acting solely as an arms’ length third party in relation to the
DEG distribution, and not in the capacity as a financial advisor or fiduciary of any person with
regard to the distribution of DEG.
Nature of the Token Documentation: The Token Documentation is a conceptual paper
that articulates some of the main design principles and ideas for the creation of a digital
token to be known as DEG. The Token Documentation and the Website are intended for
general informational purposes only and do not constitute a prospectus, an offer document,
an offer of securities, a solicitation for investment, any offer to sell any product, item, or asset
(whether digital or otherwise), or any offer to engage in business with any external individual
or entity provided in said documentation. The information herein may not be exhaustive and
does not imply any element of, or solicit in any way, a contractual relationship. There is no
assurance as to the accuracy or completeness of such information and no representation,
warranty or undertaking is or purported to be provided as to the accuracy or completeness of
such information. Where the Token Documentation or the Website includes information that
has been obtained from third party sources, the Company, the Distributor, their respective
affiliates and/or the Degis team have not independently verified the accuracy or
completeness of such information. Further, you acknowledge that circumstances may
change and that the Token Documentation or the Website may become outdated as a result;
and neither the Company nor the Distributor is under any obligation to update or correct this
document in connection therewith.
Token Documentation: Nothing in the Token Documentation or the Website constitutes any
offer by the Company, the Distributor, or the Degis team to sell any DEG (as defined herein)
nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon
in connection with, any contract or investment decision. Nothing contained in the Token
Documentation or the Website is or may be relied upon as a promise, representation or
undertaking as to the future performance of the Degis platform. The agreement between the
Distributor (or any third party) and you, in relation to any distribution or transfer of DEG, is to
be governed only by the separate terms and conditions of such agreement.
The information set out in the Token Documentation and the Website is for community
discussion only and is not legally binding. No person is bound to enter into any contract or
binding legal commitment in relation to the acquisition of DEG, and no digital asset or other
form of payment is to be accepted on the basis of the Token Documentation or the Website.
The agreement for distribution of DEG and/or continued holding of DEG shall be governed
by a separate set of Terms and Conditions or Token Distribution Agreement (as the case
may be) setting out the terms of such distribution and/or continued holding of DEG (the
Terms and Conditions), which shall be separately provided to you or made available on the
Website. The Terms and Conditions must be read together with the Token Documentation.
In the event of any inconsistencies between the Terms and Conditions and the Token
Documentation or the Website, the Terms and Conditions shall prevail.
Deemed Representations and Warranties: By accessing the Token Documentation or the
Website (or any part thereof), you shall be deemed to represent and warrant to the Company,
the Distributor, their respective affiliates, and the Degis team as follows:
(a) in any decision to acquire any DEG, you have not relied on and shall not rely on any
statement set out in the Token Documentation or the Website;
(b) you will and shall at your own expense ensure compliance with all laws, regulatory
requirements and restrictions applicable to you (as the case may be);
(c) you acknowledge, understand and agree that DEG may have no value, there is no
guarantee or representation of value or liquidity for DEG, and DEG is not an investment
product nor is it intended for any speculative investment whatsoever;
(d) none of the Company, the Distributor, their respective affiliates, and/or the Degis team
members shall be responsible for or liable for the value of DEG, the transferability and/or
liquidity of DEG and/or the availability of any market for DEG through third parties or
otherwise; and
(e) you acknowledge, understand and agree that you are not eligible to participate in the
distribution of DEG if you are a citizen, national, resident (tax or otherwise), domiciliary
and/or green card holder of a geographic area or country (i) where it is likely that the
distribution of DEG would be construed as the sale of a security (howsoever named),
financial service or investment product and/or (ii) where participation in token
distributions is prohibited by applicable law, decree, regulation, treaty, or administrative
act (including without limitation the United States of America, Canada, and the People's
Republic of China); and to this effect you agree to provide all such identity verification
document when requested in order for the relevant checks to be carried out.
The Company, the Distributor and the Degis team do not and do not purport to make, and
hereby disclaims, all representations, warranties or undertaking to any entity or person
(including without limitation warranties as to the accuracy, completeness, timeliness, or
reliability of the contents of the Token Documentation or the Website, or any other materials
published by the Company or the Distributor). To the maximum extent permitted by law, the
Company, the Distributor, their respective affiliates and service providers shall not be liable
for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract
or otherwise (including, without limitation, any liability arising from default or negligence on
the part of any of them, or any loss of revenue, income or profits, and loss of use or data)
arising from the use of the Token Documentation or the Website, or any other materials
published, or its contents (including without limitation any errors or omissions) or otherwise
arising in connection with the same. Prospective acquirors of DEG should carefully consider
and evaluate all risks and uncertainties (including financial and legal risks and uncertainties)
associated with the distribution of DEG, the Company, the Distributor and the Degis team.
DEG Token: DEG are designed to be utilised, and that is the goal of the DEG distribution. In
particular, it is highlighted that DEG:
(a) does not have any tangible or physical manifestation, and does not have any intrinsic
value (nor does any person make any representation or give any commitment as to its
value);
(b) is non-refundable and cannot be exchanged for cash (or its equivalent value in any other
digital asset) or any payment obligation by the Company, the Distributor or any of their
respective affiliates;
(c) does not represent or confer on the token holder any right of any form with respect to the
Company, the Distributor (or any of their respective affiliates), or its revenues or assets,
including without limitation any right to receive future dividends, revenue, shares,
ownership right or stake, share or security, any voting, distribution, redemption,
liquidation, proprietary (including all forms of intellectual property or licence rights), right
to receive accounts, financial statements or other financial data, the right to requisition or
participate in shareholder meetings, the right to nominate a director, or other financial or
legal rights or equivalent rights, or intellectual property rights or any other form of
participation in or relating to the Degis platform, the Company, the Distributor and/or their
service providers;
(d) is not intended to represent any 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;
(e) is not intended to be a representation of money (including electronic money), security,
commodity, bond, debt instrument, unit in a collective investment scheme or any other
kind of financial instrument or investment;
(f) is not a loan to the Company, the Distributor or any of their respective affiliates, is not
intended to represent a debt owed by the Company, the Distributor or any of their
respective affiliates, and there is no expectation of profit; and
(g) does not provide the token holder with any ownership or other interest in the Company,
the Distributor or any of their respective affiliates.
Notwithstanding the DEG distribution, users have no economic or legal right over or
beneficial interest in the assets of the Company, the Distributor, or any of their affiliates after
the token distribution.
To the extent a secondary market or exchange for trading DEG does develop, it would be
run and operated wholly independently of the Company, the Distributor, the distribution of
DEG and the Degis platform. Neither the Company nor the Distributor will create such
secondary markets nor will either entity act as an exchange for DEG.
Informational purposes only: The information set out herein is only conceptual, and
describes the future development goals for the Degis platform to be developed. In particular,
the project roadmap in the Token Documentation is being shared in order to outline some of
the plans of the Degis team, and is provided solely for INFORMATIONAL PURPOSES and
does not constitute any binding commitment. Please do not rely on this information in
deciding whether to participate in the token distribution because ultimately, the development,
release, and timing of any products, features or functionality remains at the sole discretion of
the Company, the Distributor or their respective affiliates, and is subject to change. Further,
the Token Documentation or the Website may be amended or replaced from time to time.
There are no obligations to update the Token Documentation or the Website, or to provide
recipients with access to any information beyond what is provided herein.
Regulatory approval: No regulatory authority has examined or approved, whether formally
or informally, any of the information set out in the Token Documentation or the Website. No
such action or assurance has been or will be taken under the laws, regulatory requirements
or rules of any jurisdiction. The publication, distribution or dissemination of the Token
Documentation or the Website does not imply that the applicable laws, regulatory
requirements or rules have been complied with.
Cautionary Note on forward-looking statements: All statements contained herein,
statements made in press releases or in any place accessible by the public and oral
statements that may be made by the Company, the Distributor and/or the Degis team, may
constitute forward-looking statements (including statements regarding the intent, belief or
current expectations with respect to market conditions, business strategy and plans, financial
condition, specific provisions and risk management practices). You are cautioned not to
place undue reliance on these forward-looking statements given that these statements
involve known and unknown risks, uncertainties and other factors that may cause the actual
future results to be materially different from that described by such forward-looking
statements, and no independent third party has reviewed the reasonableness of any such
statements or assumptions. These forward-looking statements are applicable only as of the
date indicated in the Token Documentation, and the Company, the Distributor as well as the
Degis team expressly disclaim any responsibility (whether express or implied) to release any
revisions to these forward-looking statements to reflect events after such date.
References to companies and platforms: The use of any company and/or platform names
or trademarks herein (save for those which relate to the Company, the Distributor or their
respective affiliates) does not imply any affiliation with, or endorsement by, any third party.
References in the Token Documentation or the Website to specific companies and platforms
are for illustrative purposes only.
English language: The Token Documentation and the Website may be translated into a
language other than English for reference purpose only and in the event of conflict or
ambiguity between the English language version and translated versions of the Token
Documentation or the Website, the English language versions shall prevail. You
acknowledge that you have read and understood the English language version of the Token
Documentation and the Website.
No Distribution: No part of the Token Documentation or the Website is to be copied,
reproduced, distributed or disseminated in any way without the prior written consent of the
Company or the Distributor. By attending any presentation on this Token Documentation or
by accepting any hard or soft copy of the Token Documentation, you agree to be bound by
the foregoing limitations.