Preamble

White paper drafted under the European Markets in Crypto- Assets Regulation (EU) 2023/1114 for Auxiliary Digital Token VSCB74L7D

01. Date of notification 8

02. Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114 8

03. Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114 8

04. Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114 8

05. Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114 8

06. Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114 9

Summary 9

07. Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114 9

08. Characteristics of the crypto-asset 9

09. Information about the quality and quantity of goods or services to which the utility tokens give access and restrictions on the transferability 10

10. Key information about the offer to the public or admission to trading 10

Part A – Information about the offeror or the person seeking admission to trading 10

A.1 Name 10

A.2 Legal form 10

A.3 Registered address 10

A.4 Head office 10

A.5 Registration date 10

A.6 Legal entity identifier 11

A.7 Another identifier required pursuant to applicable national law 11

A.8 Contact telephone number 11

A.9 E-mail address 11

A.10 Response time (Days) 11

A.11 Parent company 11

A.12 Members of the management body 11

A.13 Business activity 11

A.14 Parent company business activity 12

A.15 Newly established 12

A.16 Financial condition for the past three years 12

A.17 Financial condition since registration 12

Part B – Information about the issuer, if different from the offeror or person seeking admission to trading 12

B.1 Issuer different from offeror or person seeking admission to trading 12

B.2 Name 12

B.3 Legal form 12

B.4 Registered address 12

B.5 Head office 12

B.6 Registration date 13

B.7 Legal entity identifier 13

B.8 Another identifier required pursuant to applicable national law 13

B.9 Parent company 13

B.10 Members of the management body 13

B.11 Business activity 13

B.12 Parent company business activity 13

Part C – Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 13

C.1 Name 13

C.2 Legal form 13

C.3 Registered address 13

C.4 Head office 14

C.5 Registration date 14

C.6 Legal entity identifier 14

C.7 Another identifier required pursuant to applicable national law 14

C.8 Parent company 14

C.9 Reason for crypto-Asset white paper Preparation 14

C.10 Members of the Management body 14

C.11 Operator business activity 14

C.12 Parent company business activity 14

C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114 14

C.14 Reason for drawing the white paper by persons referred to in Article 6(1) , second subparagraph, of Regulation (EU) 2023/1114 15

Part D – Information about the crypto-asset project 15

D.1 Crypto-asset project name 15

D.2 Crypto-assets name 15

D.3 Abbreviation 15

D.4 Crypto-asset project description 15

D.5 Details of all natural or legal persons involved in the implementation of the crypto- asset project 16

D.6 Utility Token Classification 16

D.7 Key Features of Goods/Services for Utility Token Projects 16

D.8 Plans for the token 16

D.9 Resource allocation 16

D.10 Planned use of Collected funds or crypto-Assets 17

Part E – Information about the offer to the public of crypto-assets or their admission to trading 17

E.1 Public offering or admission to trading 17

E.2 Reasons for public offer or admission to trading 17

E.3 Fundraising target 17

E.4 Minimum subscription goals 18

E.5 Maximum subscription goals 18

E.6 Oversubscription acceptance 18

E.7 Oversubscription allocation 18

E.8 Issue price 18

E.9 Official currency or any other crypto-assets determining the issue price 18

E.10 Subscription fee 18

E.11 Offer price determination method 18

E.12 Total number of offered/traded crypto-assets 18

E.13 Targeted holders 18

E.14 Holder restrictions 19

E.15 Reimbursement notice 19

E.16 Refund mechanism 19

E.17 Refund timeline 19

E.18 Offer phases 19

E.19 Early purchase discount 19

E.20 Time-limited offer 19

E.21 Subscription period beginning 19

E.22 Subscription period end 19

E.23 Safeguarding arrangements for Offered Funds/Crypto-Assets 19

E.24 Payment methods for crypto-asset purchase 19

E.25 Value transfer methods for reimbursement 20

E.26 Right of withdrawal 21

E.27 Transfer of purchased crypto-assets 21

E.28 Transfer time schedule 21

E.29 Purchaser's technical requirements 21

E.30 Crypto-asset service provider (CASP) name 21

E.31 CASP identifier 21

E.32 Placement form 21

E.33 Trading platforms name 21

E.34 Trading platforms Market identifier code (MIC) 21

E.35 Trading platforms access 22

E.36 Involved costs 22

E.37 Offer expenses 22

E.38 Conflicts of interest 22

E.39 Applicable law 22

E.40 Competent court 22

Part F – Information about the crypto-assets 23

F.1 Crypto-asset type 23

F.2 Crypto-asset functionality 23

F.3 Planned application of functionalities 23

A description of the characteristics of the crypto asset, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article 24

F.4 Type of crypto-asset white paper 24

F.5 The type of submission 24

F.6 Crypto-asset characteristics 24

F.7 Commercial name or trading name 24

F.8 Website of the issuer 24

F.9 Starting date of offer to the public or admission to trading 24

F.10 Publication date 24

F.11 Any other services provided by the issuer 24

F.12 Identifier of operator of the trading platform 24

G.11 Crypto-assets transfer restrictions 27

G.12 Supply adjustment protocols 27

G.13 Supply adjustment mechanisms 28

G.14 Token value protection schemes 28

G.15 Token value protection schemes description 28

G.16 Compensation schemes 28

G.17 Compensation schemes description 28

G.18 Applicable law 28

G.19 Competent court 28

Part H – information on the underlying technology 29

H.1 Distributed ledger technology (DTL) 29

H.2 Protocols and technical standard 31

H.3 Technology used 33

H.4 Consensus mechanism (TON) 35

H.5 Incentive mechanisms and applicable fees 36

H.6 Use of distributed ledger technology 38

H.7 DLT functionality description 38

H.8 Audit 38

H.9 Audit outcome 38

Part I – Information on risks 39

I.1 Offer-related risks 39

I.2 Issuer-related risks 41

I.3 Crypto-assets-related risks 43

I.4 Project implementation-related risks 47

I.5 Technology-related risks 48

I.6 Mitigation measures 49

Part J – Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts 49

J.1 Adverse impacts on climate and other environment-related adverse impacts 49

S.1 Name 49

S.2 Relevant legal entity identifier 49

S.3 Name of the crypto-asset 49

S.4 Consensus Mechanism (TON) 50

S.5 Incentive Mechanisms and Applicable Fees 51

S.6 Beginning of the period to which the disclosure relates 52

S.7 End of the period to which the disclosure relates 52

S.8 Energy consumption 52

S.9 Energy consumption sources and methodologies 53

S.10 Renewable energy consumption 53

S.11 Energy intensity 53

S.12 Scope 1 DLT GHG emissions – Controlled 53

S.13 Scope 2 DLT GHG emissions – Purchased 54

S.14 GHG intensity 54

S.15 Key energy sources and methodologies 54

S.16 Key GHG sources and methodologies 55