DISCLOSURE OF CERTAIN RISK FACTORS ASSOCIATED
WITH BLOCKCHAIN BEP-20 UTILITY TOKEN PURCHASE

The Token Purchaser understands that the purchase of or subscription for Blockchain Tokens involves substantial risk, including, without limitation, the following :

• The Company has a limited operational history.
• The Company maintains sole discretion in the conduct of its business, including as related to its offer, maintenance and use of any Blockchain Tokens. The Purchaser will not have the ability to influence the performance or decisions made by Company.
• The purchase of Blockchain Tokens is subject to severe constraints on liquidity. At the time of the Token Distribution Event, there is no market for the Blockchain Tokens and such market may not develop. The Purchase of Blockchain Tokens is suitable only for sophisticated and experienced Purchasers who are financially able to maintain their tokens for an indefinite period of time and who can afford a loss of their entire Purchase Amount.
• Purchase of Blockchain Tokens is highly volatile and speculative, and considered highly risky. In particular, the Purchaser understands and accepts the inherent risks associated with Blockchain Tokens, including, but not limited to, risks associated with (a) decentralization of the Blockchain Tokens; (b) money laundering; (c) fraud; (d) high volatility; (e) anonymity of transactions; (f) exploitation for illegal purposes; (g) theft; (h) instability and other flaws of Blockchain Tokens exchanges or brokers/custodians; (i) the lack of regulation of Blockchain Tokens as of the date hereof.
• The Purchaser understands and accepts that the software and hardware, technology and technical concepts and theories usually used by issuers of Blockchain Tokens is still in an early development stage and unproven, there is no warranty that the technology will be uninterrupted or error-free and there is an inherent risk that the technology could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of the Blockchain Tokens and the Purchaser’s entire Purchase Amount.
• The Purchaser understands and accepts that the blockchain technology which most Blockchain Tokens are based on, allows new forms of interaction and that it is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing, blockchain technology based applications, which may be contrary to any setup of the purchase process and which may, inter alia, result in an adverse effect to any purchase, including the termination and the loss of all of the Blockchain Tokens and the Purchaser's entire Purchase Amount.
• The Purchaser understands and accepts that the distribution of a Blockchain Token and the development of projects financed by the sale of Blockchain Tokens, to the extent there are such projects, may be abandoned for a number of reasons, including but not limited to failure of the project, lack of interest of the industry and/or the public, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects) etc. The Purchaser therefore understands that there is no assurance that, even if such project is partially or fully developed and launched, the Purchaser may receive any functionality through the Blockchain Tokens held by him, and that they may become worthless. The Purchaser further understands and accepts that a project financed by the sale of Blockchain Tokens, may give rise to other, alternative projects, promoted by third parties unaffiliated to the issuer of the Blockchain Token, under which the Blockchain Tokens will have no intrinsic value.

The following diagram shows the Use Cases and Utility Value of NEXT Tokens as mechanism of game access, game play and earn reward and has a clear Utility value of its usage within Next Protocol Platform. It doesn't have any security or related value whatsoever.

DISCLOSURE OF CERTAIN RISK FACTORS ASSOCIATED
WITH BLOCKCHAIN TOKEN PURCHASE

The Token Purchaser understands that the purchase of or subscription for Blockchain Tokens involves substantial risk, including, without limitation, the following :

• Blockchain Tokens are usually accessed using a private key that corresponds to the address at which it is stored. The Purchaser understands and accepts that if the private key, or the “seed” used to create the address and corresponding private key got lost or stolen, the obtained Blockchain Tokens associated with the Purchaser's address might be unrecoverable and will be permanently lost.
• The Purchaser understands and accepts that the underlying software application and software platform of Blockchain Tokens, the internet, the blockchain network, the Purchaser, and other involved software, technology components and/or platforms concerned with Blockchain Tokens may be exposed to attacks by hackers or other individuals that could result in theft or loss of the Blockchain Tokens and the Purchaser’s entire Purchase Amount.
• The Purchaser understands and accepts that public blockchain based systems depend on independent validators, and therefore may be vulnerable to consensus attacks including, but not limited to, double-spend attacks, majority voting power attacks, race condition attacks and censorship attacks. Any successful attacks present a risk to such system, expected proper execution and sequencing of the Blockchain Token transactions, and expected proper execution and sequencing of software computations, including loss of the Purchaser’s entire Purchase Amount.
• Our Company does not recommend purchasing Tokens for speculative investment purposes. You acknowledge, understand and agree that holding NEXT Tokens is not a guarantee, representation or warranty that the holder will be able to use the Company, or receive any tokens utilized by the Company.
• NEXT Tokens do not entitle you to any equity, corporate governance, dividends, voting or similar right or entitlement in the Company or in any of its affiliated companies.
• Purchaser should acknowledge and agree that you are not purchasing NEXT Tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes. You acknowledge that all purchases of NEXT Tokens are final and non-refundable, and the Company is not required to provide a refund for any reason and that you will not receive money or other compensation or any form of a refund, and you consent to no right of withdrawal from the IDO/IEO.
• The Purchaser understands and accepts that the commonly Blockchain Tokens networks use an in-built decentralized governance system (“Governance System”). For these reasons, it is possible that the Governance System adopts proposals that have an adverse effect on the useful functioning of such networks and/or the value of the applicable Blockchain Tokens. If a Governance System is attacked, or becomes controlled either directly or indirectly by some party who makes unwise decisions, or the community generally makes unwise decisions, the value of the Blockchain Tokens might be greatly reduced or even completely lost.
• Additional Representations:
  • The Purchaser hereby represents that neither it nor any person or entity directly or indirectly controlling, controlled by or under common control with it is a person identified as a terrorist or terrorist organization on any relevant lists maintained by governmental authorities.
  • None of the cash or property that the Purchaser has paid, will pay the Company as Purchase Amount has been or shall be derived from, or related to, any activity that is deemed criminal under the laws of any applicable jurisdiction.

LEGAL AND COMPLIANCE

Please note that you must read in full before: (i) making use of this White Paper and any or all information available on the website(s) of NEXTPROTOCOL.TECH and/or (ii) participating in the Company’s token sale outlined in this White Paper and governing terms (the “Token Sale”). The information set forth (i) in this White Paper; and (ii) available on the Website (collectively referred to as the “Available Information”) may not be exhaustive and does not imply any elements of a contractual relationship.

The token sale will be a voluntary process towards the building and execution of the platform and exchange. You acknowledge that all purchases of tokens are final and non-refundable, and the Company is not required to provide a refund for any reason and that you will not receive money or other compensation or any form of a refund, and you consent to no right of withdrawal too. U.S citizens will come under the Restricted Persons list and are not allowed to invest on the platform as investors. These compliance checks will be done during investor registration process and also in whitelisting.

NEXT Protocol is incorporated in British Virgin Island and follow the compliances of the incorporated country.

You should carefully consider and evaluate each of the risk factors and all other information contained in the Terms before deciding to participate in the Token Sale.

Risk Factors :
Please read carefully the following risk factors in relation to purchase the Tokens sale and the representation and warranties of the Investor i.e. in purchase of the NEXT Tokens. Please note that the information on risk factors provided in this section should not be considered comprehensive and covering all aspects of the risk factors associated with the company.

Risks Related to NEXT Protocol Company :

• Credit Risk - This is a potential loss that may arise due to the failure of company NEXT Protocol to fulfil its contractual obligations or improper fulfilment of them due to failure in NEXT Protocol company as a business or other factors.
• Liquidity Risk - It is a risk to incur losses or higher costs due to the fact that the NEXT Protocol cannot timely fulfil its payment obligations.
• Operational Risk - Risk to suffer losses due to inadequate or unenforced internal control processes of NEXT Protocol, employee errors and unlawful actions, technical and software malfunctions.
• Strategic Risk - It is the risk arising from external and internal environmental factors that could negatively influence the achievement of the goals of Next Protocol as a company.
• Income Risk - These are the risks arising from inefficient management and the inability to ensure a sufficient long-term income of NEXT Protocol as a company.