Web. Email. info@cgu

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CGU WHITEPAPER ô THE METAVERSE IS CALLING Web. www.cgu.io Email. [email protected]

Transcript of Web. Email. info@cgu

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CGU WHITEPAPER ô THE METAVERSE IS CALLING

Web. www.cgu.io Email. [email protected]

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CGU WHITEPAPER ô THE METAVERSE IS CALLING

Disclaimer This white paper is informational only and does not represent a commitment to you, the reader, to implement any current or future designs or functionality of the cgu token or network. Moreover, this white paper is not a solicitation to purchase cgu tokens (“tokens”).

Purchasing a cgu token involves considerable risk. The token may become worthless and no purchases can be refunded or exchanged. Do not purchase the cgu token with money you cannot afford to lose. There is no guarantee that the utility of the cgu tokens will meet your needs or expectations.

If you purchase the tokens, you are inherently assuming the risk of capital loss from the time of the purchase and acknowledge that the tokens may never progress beyond their present functionality. If you purchase any of the tokens you indemnify cgu. And all related entities against any and all losses you may suffer for any reason, and agree that you have no recourse, in case of loss for any reason, to assert any claim, action, judgement or remedy against cgu or related entities if the token loses value, the cgu platform or network ceases to function, or the platform or network does not meet expectations.

If you are uncertain whether to purchase tokens in light of these disclaimers or legal notices contained herein, or if you are concerned about the loss of any money you use to purchase the tokens, we strongly urge you not to purchase any cgu tokens. By purchasing cgu tokens, you warrant that you had reasonable opportunity, and were advised in this document, to consult legal, financial, tax, and other professional advisors or experts for further guidance before purchasing tokens. Cgu and its related entities cannot provide you with any of the aforementioned advice.

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Cgu tokens are not shares or securities of any kind. They do not grant you ownership of or interest in any entity, vehicle, trust or asset holder. The cgu token exists to facilitate your use of the cgu network. It is not an investment or a financial product. It may or may not increase or decrease in value over time. It is valuable only insofar as it is designed to serve a purpose within the cgu network.

For more information regarding legal notices, please see the legal notices section of this white paper.

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Table of Contents

Overview 1

About Us 2

Vision 4

Market Overview 5

Business Model 7

Value Creation 8

Work to earn 8

Tokenomics and the DAO 9

Token allocation 10

Founding team allocation 12

Investor allocation 13

Treasury allocation 14

Player community allocation 14

The DAO 16

Initial management 16

Voting 16

Network token rewards 17

The role of the Treasury 18

Proposed use of Treasury funds 20

Product roadmap 21

Milestones 22

Meet the Dreamteam 23

Investors 26

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Overview Video games

Video games are no longer purely entertainment. There is increasing recognition, in the gamification of education and the mainstream adoption of esports, that videogames deserve a place in the cultural and economic pantheon: assisting with the development of valuable knowledge and learning, often in areas that translate into employment and life skills adept for the burgeoning digital economy1. Humanity has always learned through games, using mock-ups and simulations to experiment and master our world. The digital economy requires us to level up and spend our experience putting capital to work to build a new ecosystem for gamification, learning and entertainment.

The Blockchain

The Blockchain is a paradigm shift beyond traditional video gaming. Blockchains remove predatory middle-men and enable communities to build and shift democratically, creating skills and imbuing players and users with skills and absolute, censorship-resistant, verifiable ownership over their in-game assets and effort. On-chain games will revolutionise the gaming ecosystem: rewarding players for the skills they develop ‘in-game’ that are valued by the community. The use of tradeable tokens in return for their achievements and progression makes blockchain games appealing to a broader audience of players.

Tokens

Tokens are redeemable on exchanges so for the first time regular gamers are able to translate their effort and earnings into fiat currency. The broken traditional system where rewards accrue to gaming companies and top-level players competing in centralised tournaments will undergo a seismic shift as gamers shift from customers to partners in a new, youthful digital ecosystem. Blockchain games will set this shift in motion, and CGU is one of the earliest and best capitalised entities prepared to join this revolution.

1 Barr, M. (2017). Video games can develop graduate skills in higher education students: A randomised trial. Computers & Education, 113, 86-97.

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About Us Blockchain-based games provide an opportunity for everyday players to earn money and learn skills through their game play. However, precisely because these games return the ownership of valuable digital assets to players in the form of NFTs, many of the most popular games have costly barriers to entry. Enter Crypto Gaming United. CGU’s mission is to provide capital to gamers enabling them to participate in this ecosystem of learning and earning.

CGU is a gaming guild that purchases the necessary non-fungible token (NFT) assets for the most popular blockchain-based games and then shares them with players, so they can afford to start playing without having to make a substantial up-front investment. In return, CGU receives a share of the in-game token earnings of its players. The system is similar to debtless microfinance. CGU shoulders the risk in NFT asset ownership; players commit their labour in return for experience, education and income; and CGU earns a fair contribution of the players’ rewards.

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The differentiating factor between CGU and other gaming guilds is our commitment to leveraging gaming as an opportunity for our network of players to upskill with the capacities they need to succeed in the digital world. In line with blockchain best practice, the CGU guild will operate as a Decentralized Autonomous Organisation (DAO) governed by community ownership. Players will have an opportunity to join the DAO and contribute to important decisions about the guild’s operations.

More importantly, however, CGU players will also have the opportunity to earn CGU tokens in addition to their in-game earnings for completing training courses on topics including financial management, blockchain fundamentals, introductory programming, digital skills and other offerings that will be designed and built based on player demand.

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Vision

CGU’S vision is to broaden the access and ownership of blockchain gaming assets and education to the developing world and provide a sustainable income for new participants as they gain knowledge, develop skills and engage with the global digital economy.

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Market Overview Global technology consulting firm Accenture estimates that gaming is a US$300 billion revenue per annum industry worldwide2. Assuming operating margins in the vicinity of a 50% sector benchmark3 and a conservative 15x EV/EBITDA multiple, this suggests an industry with US$2.25T of enterprise value.

2 Accenture (2021). Global Gaming Industry Value Now Exceeds $300 Billion. https://newsroom.accenture.com/news/global-gaming-industry-value-now-exceeds-300-billion-new-accenture-report-finds.htm 3 Holland, A. N. (2019). How Lucrative are mobile gaming apps?. BitBar.com. https://bitbar.com/blog/how-lucrative-are-mobile-gaming-apps/

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The gaming market is large and growing. However, even though a huge amount of this value is created by the players, virtually none of it is shared with them. Blockchain-based gaming is set to disrupt this business model. However, while traditional gaming companies may worry that blockchain gaming eats away at their market share and erodes industry revenue, this is unlikely. Blockchain-based gaming broadens the appeal of gaming platforms because these games now represent a more attractive proposition for gamers.

Drawing an analogy with communications, or the early internet, the revenue of traditional advertising platforms might have suffered, but those with the nous and strategic drive were able to capture immense increases in overall advertising revenue because the internet allowed companies to target a larger base of customers more effectively. Likewise, blockchain-based gaming will broaden the appeal of gaming, and thereby increase the revenue opportunities for the entire gaming market.

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Business Model The CGU DAO’s primary source of revenue centres around earning yields on the value of CGU-owned NFT assets. This occurs chiefly via a rental arrangement where members utilize the assets in exchange for a proportion of the in-game rewards they earn. In addition to these yield-based cashflows, as the games increase in popularity, the underlying NFT assets increase in value generating capital gains.

In addition, the DAO’s native tokens will become more valuable within the network as the guild leverages its informational advantage and collective presence to act as a validation tool for new NFT-based games. Over time, CGU will develop the capacity to continuously screen and select the most promising games with play to earn functionality where players are rewarded for in-game activity, getting in early and building momentum to get the best new games off the ground.

CGU provide a complete eco-system for the community with an exchange and payments system offering frictionless offramp self-service mechanisms that puts flexibility into the hands of the token holders.

Our focus is maximizing the returns to the players. CGU uses bespoke technology to screen players and allocate them to clans that are best suited to their individual attributes. These clans are systematically trained for peak performance and skills are honed through a variety of e-sport leagues and tournaments with incentives to develop a skill set that is both transferable and transformative.

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Value Creation CGU’s NFT asset holdings will be optimized based on the asset rules and yields available. To encourage players to use their NFT assets to their full potential, maximising the benefits to both players and the guild, rewards for player behaviour will be generated through:

• Educational sponsorships • Mentoring activities • Other player vocational opportunities

Work to earn

As the community of players grows there is also the opportunity to identify skill sets within the community and offer opportunities for players to earn additional revenue from completing a range of high skilled assignments suited to their unique set of strengths.

Our goal is to allow our community to comfortably navigate a payment system with a basis in cryptocurrencies and to allow them to perform work and earn extra income. The community we build will form a pool of talent that is available at scale for a range of yet to be determined employment opportunities based on the profiles of our members.

CGU is also committed to creating a pension fund for the community and educating members to save and plan for their futures.

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Tokenomics and the DAO

A total of 1,000,000,000 CGU tokens will be minted in aggregate and supply will never exceed this amount. Initially the DAO will be owned and run by the founding team. As the community of players and NFT asset owners grows, CGU tokens will be gradually distributed to them such that in time the DAO will be fully community-owned and run.

CGU token holders will be given voting rights on the DAO’s governance proportional to their holdings in line with crypto industry best practices.

The CGU token value = α + β + γ ….+ ω

α represents the value of all NFT assets and its reward yields

β represents a multiple based upon the user base

γ represents yields from asset rentals and breeding programs

The additional variables represent the full range of composite value from all CGU revenue generating activities.

The ecosystem that supports the community will consist of a wide range of complimentary partnerships that maximize the value of the CGU token. This includes access to:

• New evolving NFT assets • Player equipment • Trading platform discounts • Exclusive in game feature unlocks and earning uplifts

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Token allocation

CGU tokens will be unlocked according to a vesting schedule determined by the founding team to ensure a sustainable growth path for the guild with the objective of minimising any downward price pressure on CGU. Once this schedule has been determined, it will be shared publicly, along with an explanatory note. The total allocation of 1,000,000,000 CGU tokens will be distributed initially as follows:

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Tokens will be disbursed based on a combination of time and the increasing value of CGU which is ultimately driven by the number of players engaged with CGU.

Disbursement is estimated to take place over 3-5 years, depending on how quickly the value of CGU increases.

Time based distribution

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Founding team allocation

The founding team’s 15% allocation of CGU is in recognition of its role in establishing and maintaining the guild. This holding ensures the founding team remains incentivised to keep growing the guild community. The founding team’s allocated supply will be released according to the following schedule:

• 13% of founder tokens will be released when the market valuation of CGU reaches over USD$1 billion or a 6-month period has passed – whichever is the earlier.

• 87% of founder tokens will be locked up for 2 years and then released linearly on a 3-year vesting schedule.

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Investor allocation

The investor 26% allocation of CGU is in recognition of their role as capital providers and allowing CGU to scale at a competitive and rapid pace, providing the greatest opportunity for the greatest number of potential future gamers. The investor allocation (as distributed in various planned and completed funding rounds below) will be released according to the following schedule:

• A USD$5 million seed round offered at USD$0.027/tokeno These tokens will be locked up for a period of 1.5 years and

then released linearly on a 3-year vesting schedule

• A USD$10 million pre-IDO round offered at $0.15/tokeno 30% of these tokens are available for release after a period of

6 months, the remainder will be locked up for 1 year and then released linearly on a 3- year vesting schedule

o 70% of these investor tokens will be locked up for 1 year and then released linearly on a 3-year vesting schedule

• A public IDO sale offered at USD$0.25/token, with no lock up or vesting restrictions

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Treasury allocation

The Treasury allocation of 18% will be released with no lockup provisions or vesting.

Advisor allocation

The Advisor allocation of 1% will be released with no lockup provisions and 2 years vesting.

Player community allocation

Total community token allocation is 40% of available tokens. Community tokens will be released based on contributing to the ecosystem and rewards will be distributed as follows:

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These contribution programs are a starting point to structure and incentivize community engagement. They will be further developed in consultation with the player community as it grows, with detailed mechanics agreed upon by the DAO.

10% distributed as staking rewards

8% for players contributing to the DAO’s operations

4.5% for players that stream their game play

4.5% growth by rewarding other games

4.5% for players that complete education courses

3.5% for players that earn above daily player optimization targets

3% held in reserve

2% for players that refer a friend to join as players

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The DAO Initial management

In order to provide stability and certainty to our player community as it builds, the founders will initially make core decisions about how to manage the network. As the token holdings of investors, players and contributors expand, these participants will replace the initial management as administrators of the protocol, as the network gradually transitions to fully decentralized operations.

Voting

Once CGU tokens start to be issued to the player community, they will be free to use them as they see fit. This includes:

• Staking CGU for token rewards related to specific activities

• Staking CGU to vote and participate in the DAO

• Using CGU to pay for services within the CGU network

If players choose to stake their CGU tokens to vote and participate in the DAO, they will have an opportunity to democratically influence the DAO’s structure and operations. This includes voting on changes to the rewards and incentive structures corresponding to different player activities. For instance, if the guild agrees that certain games are worthy of promotion amongst the network, their reward allocation could be increased to attract more players.

Participation in the DAO is a natural upskilling opportunity for our community of players. By being part of the guild, not only will players learn

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gaming and digital skills, they will also be encouraged to onboard the fundamentals of blockchain governance as part of the guild’s DAO.

DAO participants will learn to analyse and optimize potential earnings opportunities individually and for the group, as well as learning the principles of decentralised business management, and talent retention. This focus on holistic skill development for our player community makes the CGU guild a unique opportunity for blockchain game players to earn and learn.

Network token rewards

The community will vote to decide on the ongoing distribution schedule and mechanics of token rewards. Updates will be posted on the CGU website and related blog channels.

The issuance of token rewards to our player community is to encourage players to participate in the governance of the guild and reward the most active community members. The intention is to compensate and incentivise key behaviours within the player community, by providing:

• Bonuses for competing in certain games and achieving in-game milestones

• Finder’s fees for recruiting new players

• Mechanisms to vote in ’on-chain’ governance decisions

• Opportunities to enrol in upskilling training courses

• Rewards for staking CGU on the network

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Additional token utility

CGU tokens will increase in value as the eco system supporting the community evolves and develops to support the educational objectives of the DAO.

Access to education is at the core of this offering and a wide variety of online and face to face courses will be made available to token holders throughout the developing world.

Individual mentorship in navigating the digital asset ecosystem and establishing business entities in developing countries will also be structured to provide access to experienced coaches/mentors and experts to CGU token holders.

CGU management have a vast network and experience in providing educational and entrepreneurship support in developing countries. By ensuring CGU token holders receive curated services including education, discounted subscriptions to key support tools, access to co-working spaces and microfinance/venture capital services, we are building the platform for a new generation of digital asset leaders.

CGU tokens will also give community members access to exclusive metaverse property opportunities, NFT assets and involvement in a range of digital asset opportunities in new and evolving blockchain game-based initiatives.

The role of the Treasury

The Treasury will initially be managed by the founding team as the owners of the guild’s NFT assets, with its core mission to grow the value of these assets by expanding the CGU player community. The Treasury will oversee

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the management of CGU assets to maximize the value returned to the CGU DAO over time.

The activities of the Treasury include:

• Purchasing digital assets

• Management of tokens for all parties

• Management of financial fundraising activities

• Maintenance of statutory auditing requirements

While the founding team retains at least 51% ownership of the guild’s NFT assets, they will be responsible for preparing annual statements outlining where and why Treasury’s CGU tokens have been distributed, with the guiding principle for distributing tokens being that the distribution has a clear value proposition to increase the value of the NFT assets for the player community.

Players and other investors will have the opportunity to purchase an ownership stake in these NFT assets. Over time, this function will be fully integrated into the DAO, so the player community can take an active part in deciding how Treasury’s CGU tokens are distributed.

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Proposed use of Treasury funds

The DAO will be responsible for distribution of funds from the Treasury on an ongoing basis. Prior to a fully operational DAO, the founding team intends to use the funds as outlined below.

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Product roadmap CGU’s product roadmap will iterate and improve as opportunities and challenges arise for the DAO.

Phase 1

• Screening system • Tracking system • Global payment offramp

Phase 2

• Mobile education platform • DAO voting system • Multi-game interactivity • Player avatar creation • Community rewards initiated

Phase 3

• Staking mechanisms • Community rewards running • Full DAO control • Skill optimization connections

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Milestones August 2021 Launch scholarship program

September 2021 Onboard 1,000 players; 30,000 discord members in 3 countries

October 2021 Public token issue; DAO launched

December 2021 Onboard 10,000 players in 5 countries

March 2022 Onboard 30,000 players in 10 countries

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Meet the Dreamteam

Mark Carnegie

Sergei Sergienko

Raman Nambiar

RESIDENT DINOSAUR LORD RAINMAKER CHIEF CHEERLEADER

Mark has over 30 years’ experience as an entrepreneur, and investor. In 2011 Mark Carnegie founded MH Carnegie & Co, an alternative asset manager with over A$900 million AUM.

Sergei is a leading expert and successful private investor in cryptocurrency, DeFi and blockchain applications. He is the founder and CEO of Chrono.Tech, a global blockchain start-up.

Raman is a Director of Switch Maven, a software education and consultancy firm specialising in Blockchain. He is a consultant to the Asia Development Bank and UN.

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Marco Selorio

Kate Thompson

Saypulla Sheykhanov

GLOBAL COMMUNITY WIZARD

COUNSEL GENIUS WIZARD

Marco is a Filipino-Australian event producer and managing director of MAS Music Group, a digital talent agency.

Kate is COO and partner of MH Carnegie & Co and has over 20 years’ experience as a legal and corporate advisor.

Saypulla has been working as a professional developer for more than 10 years. He brings unmatched technical knowledge and capability to CGU.

Maurice June

Rita Salib

Anna Fomin

CLAN INNOVATOR CHIEF BRAND ALCHEMIST CHIEF MEDIA EXPERT

Maurice is a music and event industry professional who spearheaded the early adoption of NFTs within the entertainment and gaming circles.

Rita has over 10 years’ experience heading up marketing, sales and operational activities for global brands in Australia.

Anna started a career in the creative industry where she brought to life advertising campaigns and projects for Qantas, American Express, Telstra and more.

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Alexandra Kugusheva

Sasha Gillespie

Boris Fomin

JARGOGLE UNSCRAMBLER CHIEF BRAND ALCHEMIST CHIEF NFT VENDOR

Alexandra has over five years’ experience programming in the crypto and DeFi world and is a regular commentator on developments within the space.

Multitask MasterSasha is a current competitive swimmer and gamer – don’t even think of trying to compete against him in FIFA 21. He currently manages his own Axie team.

Boris is an expert NFT digital creator bringing freedom to individual artists and helping create infinite opportunities.

Larissa Gillespie

Earl Campbell

Vlad

CHIEF NFT BREEDING WIZARD

CORPORATE NINJA SERIAL ENTREPRENEUR

Larissa is the director and manager of training companies Edway Training and Training Aid Australia. Larissa has degrees in physics and economics.

Utilizing 25 years of business experience, Earl is well versed with the requirements of setting up and maintaining complex international structures.

25 years in online marketing and technology. Serial crypto investor and entrepreneur from Russia. Founder and investor of many online and offline companies.

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Sergei Kovalev

Nikita Kochetkov

Mike Savchenko

CHIEF WANDERING WIZARD GAMING WIZARD RESIDENT ALCHEMIST

Sergei is an innovative entrepreneur and founder of Blockchain, IT, Fintech and Biotech companies. Sergei has 15 years of sales and online marketing experience.

Nikita has been working in Chrono.tech for over three years. He is the resident gamer and has been playing Fortnite professionally, placing in the top positions in Russia.

Mikhail is CTO of our partner Chrono Tech, where he is responsible for technical strategy, communication between product teams and the business, and R&D.

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Investors

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Legal Notices The information set forth in the white paper or these legal notices may not be exhaustive and do not create a contract between the reader, investor or token purchaser and cgu. While cgu makes every reasonable effort to ensure that all information: (i) in the white paper; (ii) available on the cgu website, (iii) available on its social media accounts, (iv) its discord channels, or (v) any other available information moderated by cgu (collectively, the “sites”) (all the information in the white paper and all information available on the sites hereinafter referred to as the “current information”) is accurate and up to date, such material in no way constitutes professional advice.

Individuals intending to purchase the cgu token (each a “token purchase”) should seek independent professional advice prior to acting on any of the current information.

No representation & warranties

Cgu does not make or purport to make, and hereby disclaims, any representation warranty undertaking or covenant in any form whatsoever to any entity or person, including any representation warranty undertaking or covenant in relation to the truth, accuracy and completeness of any of the information set out in the current information.

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Representation & warranties by you

By accessing the current information or engaging in a token purchase, you represent and warrant to ucg:

• You are over 18 (eighteen) years of age;

• You agree, accept, and acknowledge that the tokens do not constitute shares or equities or securities or financial instruments or financial products or investments in any form in any jurisdiction for any purpose;

• You agree and acknowledge that the current information does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities;

• You agree and acknowledge that the tokens are not being sold under any financial licence;

• You agree and acknowledge that no regulatory authority has examined or approved of the current information, and presently there is no plan for the current information to be so reviewed;

• The distribution or dissemination of the current information any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to cgu;

• You will not make any representation to any person regarding the tokens that conflict with these legal notices;

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

o Debentures, stocks or shares issued by any person or entity (whether cgu or otherwise);

o Of such debentures, stocks or shares;

o 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;

o Units in a collective investment scheme or a managed investment scheme;

o Units in a business trust;

o Derivatives of units in a business trust;

o Any other security or class of securities; or

o Any type of investment or financial product

• You are fully aware of and understand that you are not eligible to purchase any tokens or access the current information if you are a citizen, national, resident (tax or otherwise) of an internationally sanctioned country;

• You are a wholesale client within the meaning of section 761g of the corporations act, 2001 (for australains engaging in a token purchase).

• You have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other

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• Material characteristics of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related

• Token storage mechanisms, blockchain technology and smart contract technology;

• You are fully aware and understand there are risks associated with: (a) cgu and its business and operations; (b) the tokens; (c) the token purchase; (d) storage of the tokens, and (e) relying or acting on all or any part of the current information;

• You agree and acknowledge that cgu is not liable for any direct, indirect, special, incidental, consequential, or other losses of any kind in tort contract or otherwise (including but not limited to loss of revenue income or profits or loss of use or data or loss of reputation or loss of any economic or other opportunity of whatsoever nature or howsoever arising) arising out of or in connection with any acceptance of or reliance on the current information, token purchase, or any part thereof by you; and

• All of the above representations and warranties are true, complete, accurate and not misleading from the time of your last access to and/or possession of (as the case may be) the current information.

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Cautionary note on forward-looking statements

All statements contained in the current information, statements made in any press releases or in any place accessible by the public and oral statements that may be made by cgu or cgu representatives (as the case may be), that are not statements of historical fact, constitute “forward looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements.

All statements regarding cgu’s financial position, business strategies, plans and prospects and the future prospects of the industry which cgu is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to cgu’s revenue profitability and growth, expected revenue profitability and growth, prospects, future plans, network plans, other expected industry trends and other matters discussed in the current information regarding cgu are matters that are not historic facts, but only estimations and predictions.

Neither cgu, its cgu representatives nor any of its respective related entties makes any representation or warranty on having made any predictions or estimates or expectations on the basis of any formula, any mathematical or scientific modelling or forecast, or having made any due and proper enquiries or having undertaken any independent research or studies or otherwise. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of cgu to be materially different from any future results, performance or

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achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others:

• Changes in legal, political, social, economic, and stock or cryptocurrency market conditions and the regulatory environment in the countries in which cgu conducts its business and/or its operations or where you engage in a token purchase;

• The risk that cgu may be unable or execute or implement its business strategies and future plans;

• Changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;

• Changes in the anticipated growth strategies and expected internal growth of cgu;

• Changes in the availability and fees payable to cgu in connection with its business and operations;

• Changes in the availability and salaries of employees who are required by cgu to operate its business and operations;

• Changes in preferences of customers of cgu;

• Changes in competitive conditions under which cgu operates, and the ability of cgu to compete under such conditions;

• Changes in the future capital needs of cgu and the availability of financing and capital to fund such needs;

• War or acts of international or domestic terrorism;

• Occurrences of catastrophic events, natural disasters and acts of god that affect the businesses and/or operations of cgu;

• Other factors beyond the control of cgu; and

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CGU WHITEPAPER ô THE METAVERSE IS CALLING

• Any risk and uncertainties associated with cgu and its business and operations, the tokens, the token purchase and reliance on all or any part of the current information.

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

These forward-looking statements are applicable only as of the later of the date of publication of the white paper and the latest date that the sites have been updated. Neither cgu nor cgu representatives nor any other person represents, warrants and/or undertakes that the actual future results, performance or achievements of cgu will be as discussed in those forward-looking statements. The actual results, performance or achievements of cgu may differ materially from those anticipated in these forward-looking statements.

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