📝Disclaimer

This White Paper has been prepared by The Lux Network solely for information purposes and is general background information about the Companies’ activities as at the date of preparation of this White Paper.

The information in this White Paper has not been independently verified. No representation or warranty, express or implied, is given by or on behalf of The Lux Network, its shareholders, directors, officers or employees or any other person as to the fairness, accuracy or completeness of this White Paper and the information contained herein and no reliance should be placed on it for any purpose whatsoever. Information in this White Paper (including market data and statistical information) has been obtained from various sources (including third party sources) and The Lux Network does not guarantee the accuracy or completeness of such information. All projections, valuations and statistical analyses are provided for information purposes only. They may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results and, to the extent they are based on historical information, they should not be relied upon as an accurate prediction of future performance. None of The Lux Network, its advisers, partners, connected persons or any other person accepts any liability whatsoever for any loss howsoever arising, directly or indirectly, from this White Paper or its contents.

This White Paper may be amended and supplemented as The Lux Network sees fit, may not be relied upon for the purpose of entering into any contract or commitment whatsoever and should not be construed as, nor be relied on in connection with, any offer or invitation to purchase or subscribe for, underwrite or otherwise acquire, hold or dispose of any securities, and shall not be regarded as a recommendation in relation to any such transaction whatsoever.

The contents of this presentation should not be considered to be legal, tax, investment or other advice, and, if any person is in doubt with respect to any of the contents of this Light Paper, such person should seek independent advice from a person who is an authorized financial services provider and consult with his own counsel and / or professional advisers as to all relevant legal, tax, regulatory, financial and related aspects.

Readers should at their own expense ensure compliance with all laws, regulatory requirements and restrictions applicable to them (as the case may be). Readers acknowledge, understand and agree that TLN tokens may have no value, there is no guarantee or representation of value or liquidity for TLN tokens, and TLN tokens is not an investment product nor is it intended for any speculative investment whatsoever. None of The Lux Network, its advisers, partners, connected persons or any other person shall be responsible for or liable for the value of TLN tokens, the transfer-ability and/or liquidity of TLN tokens and/or the availability of any market for TLN tokens through third parties or otherwise.

TLN tokens are designed to be utilized, and that is the goal of the TLN tokens distribution. In particular, it is highlighted that TLN token: (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 nonrefundable and cannot be exchanged for cash (or its equivalent value in any other digital asset) or any payment obligation by The Lux Network; (c) does not represent or confer on the token holder any right of any form with respect to The Lux Network, or their 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 license 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 TLN Network, its advisers, partners, connected persons 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 Lux Network, is not intended to represent a debt owed by The Lux Network, and there is no expectation of profit; and (g) does not provide the token holder with any ownership or other interest in The Lux Network. Notwithstanding the TLN tokens distribution, users have no economic or legal right over or beneficial interest in the assets of any of The Lux Network after the token distribution. To the extent a secondary market or exchange for trading TLN tokens does develop, it would be run and operated wholly independently of The TLN Network, and the distribution of TLN tokens. The Lux Network will not create such secondary markets nor will either entity act as an exchange for TLN tokens.

This White Paper and its contents are confidential and proprietary to The Lux Network, and no part of it or its subject matter may be reproduced, redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (excluding relevant professional advisers) or published in whole or in part for any purpose without the prior written consent of The Lux Network. If this White Paper has been received in error, it must be returned immediately to The Lux Network.

The distribution of this White Paper in some jurisdictions may be restricted by law and persons into whose possession this White Paper comes should inform themselves about and observe any such restrictions. This White Paper is not directed to or intended for distribution, or transfer, either directly or indirectly, to, or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, transfer, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. This White Paper may contain certain “forward-looking information” within the meaning of applicable securities legislation (although it offers no opinions on whether any matter is a security) and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 and its equivalent in all other jurisdictions. Other than statements of historical facts, all statements, including, among others, statements regarding the future financial position of The Lux Network, business strategy, projected levels of growth in its market (arising from either internal or external analyses), projected costs, estimates of capital expenditures and plans and objectives of management for future operation, are forward-looking statements. Such forward-looking information and/or statements are not representative of historical facts or information or current condition, but instead represent only The Lux Network’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of The Lux Network’s control. Undue reliance should not be placed on these forward-looking statements. Forward-looking statements may generally be identified by the use of terminology such as “may”, “will”, ”expect”, ”intend”, “plan”, “estimate”, “anticipate”, “believe”, or similar phrases. By identifying such information and statements in this manner, The Lux Network is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of The Lux Network to be materially different from those expressed or implied by such information and statements.

In addition, in connection with the forward-looking information and/or statements that may be contained herein, The Lux Network may also have made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and/or statements are the following: failure to obtain necessary approvals in a timely manner or at all; lack of sufficient capital to expand the The TLN Network’s geographic footprint or to add new features; changes in general economic, business, and political conditions including changes resulting from Covid-19, and compliance with any government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information and/or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future.