6. Disclaimer

This Whitepaper is intended to provide information on business models, technologies and the PAGE team to those interested in the PAGE Network (including the PAGE platform) and PAGE tokens. This Whitepaper is based on the status at the time of its preparation (as-is), and the PAGE team does not guarantee that it will be accurate or appropriate in the future with respect to any content including the conclusions, schedules and achievements of the projects listed on the roadmap. The contents of this Whitepaper can be changed according to the policies and decisions of the PAGE team, and the final version takes precedence over the changes.

The information or analysis in this Whitepaper does not include any recommendations for you to participate in this project. This Whitepaper is not intended to be advice or encourage investment in securities or financial products. In addition to what is stated in this Whitepaper, we recommend you seek expert advice and let them check the details related to risk assessment, application of related laws, and imposition of taxes.

You are fully responsible for any damages, losses, or costs incurred under the decisions you have made using or referring to this Whitepaper, and the PAGE team is not responsible for them. This Whitepaper contains information about third parties and publications. The PAGE team makes no warranty on the accuracy and completeness of such information, and is not obliged to update or modify thsi Whitepaper accordingly, even if any of the information is updated.

This Whitepaper has not been reviewed or approved by any regulatory authorities, nor does the publication, distribution or dissemination of this Whitepaper mean that it complies with all applicable laws or regulations. On some occasions, the publication, distribution, and dissemination of this Whitepaper may be prohibited or restricted by the relevant laws and regulations. In addition, regulators may restrict the sale, ownership, use and possession of PAGE tokens, and their actions may affect the sale and use of PAGE tokens.

The PAGE token has no other use than the intended use of the PAGE Network as set out in this Whitepaper, and its value and functionality are not guaranteed. PAGE tokens are not securities or investment products, and the ownership of PAGE tokens is not interpreted as the ability to claim distribution or redemption (such as profits from the PAGE team) nor having any intellectual property rights.

The purchase of tokens carries significant risk. You may lose all or a significant portion of the funds used to purchase the token, and the PAGE team does not guarantee anything. When referring to this Whitepaper to purchase PAGE tokens, please understand the risks and ensure they are acceptable.

Exclusion of Liability

The information contained in this white paper can be translated from time to time or used in communication with multiple participants. You will be responsible for confirming that there may be changes or misinterpretations in the course of such translation or communication, and that the Korean Whitepaper on the website has the highest priority, so it is your responsibility to confirm the Whitepaper with the highest priority. The PAGE team informs and explains the risks as follows: The PAGE team makes no warranties in any form or content of the risks described below by the PAGE team, and the risks below are solely the responsibility of buyers of PAGE tokens and participants of the PAGE Network.

Precautionary Statements of Future Outlooks

This Whitepaper contains descriptions of future outlook and implementations (referred to as “long-term planning”). These future plans are expressing words or phrases such as “can,” “will,” “expected,” “target,” “ forecast,” “intention,” “planning,” “potential,” “continued,” “possible,” “prospective,” “predictive,” and “will be” based on assumptions and analyses considered reasonable in light of the experience and other factors of future development. However, risk and uncertainty exist in its content, and the results and performance of the actual PAGE Network may differ from future plans.

Potential Risk

It is recommended that you read the following and carefully analyze and understand the relevant factors and risks before deciding to purchase and participate in PAGE tokens. Risks include, but are not limited to:

Recently, the risk of government regulation for the blockchain industry has increased. Depending on whether or not the government regulates the blockchain industry and its influence, the companies’ businesses will be directly or indirectly affected. For the sound development of blockchain technology, the PAGE team strives to comply with the relevant laws and regulations and to carry out the business as stably as possible to the extent permitted by law. However, future legal regulations may negatively affect this project. In addition, it might take considerable time and resources to respond to government regulations of PAGE tokens.

Tokens are scrutinized by the U.S. Securities and Exchange Commision (SEC) and other regulators around the world, and PAGE tokens can be considered securities in many countries including the U.S. In this case, the terms of the Securities-Related Act may restrict the retention of a certain amount of PAGE tokens, the transfer of PAGE tokens, and the sale of PAGE tokens. The associated business that facilitates the exchange or transfer of PAGE tokens may be restricted.

Even if tokens are not valued as securities, additional regulations may be imposed depending on legislative trends in each country, including South Korea. The terms of the relevant statutes may restrict the retention of a certain amount of PAGE tokens, the transfer of PAGE tokens, the sale of PAGE tokens, and the associated business that facilitates the exchange or transfer of PAGE tokens. The Republic of Korea has recently revised the “Act on Reporting and Use of Specific Financial Transaction Information” to regulate related businesses and transactions, and additional risk may arise under all related laws and regulations already enacted or to be enacted in the future.

Loss of PAGE tokens may occur due to personal key damages to your digital wallet. If a personal key is lost, destroyed, or damaged, the holder may not have access to a blockchain-based digital asset, such as a PAGE token, and the PAGE team cannot restore it.

Smart contract technology is still in its early development, and its application involves significant operational, technical, regulatory, and financial risks. Smart contracts may not be suitable for their original purpose. Defects, vulnerabilities, or other problems that may be inherent in smart contracts can result in technical problems or loss of PAGE tokens.

Prospects such as individuals and businesses may not use the PAGE Network and PAGE tokens even after launch, or they may not be aware of them. In addition, the PAGE Network operations may become unavailable. In this case, the value of the PAGE token may be significantly reduced or lost.

As the PAGE Network includes the storage and transmission of user’s personal information, it is exposed to the risk of personal information leakage due to security problems caused by cyber terrorism in various ways. The PAGE team will take security measures, such as blocking unauthorized personnel from accessing the database, but personal information may be compromised for several reasons. This could result in legal issues, monetary losses, or loss of trust, including a fall in reputation for the PAGE Network and PAGE tokens, negatively impacting this project.