The STBU token is not a security or a financial instrument within the meaning of the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/65/ EU) or within the meaning of The Securities Act of 1933 (US), or any other law that defines securities and financial instruments.
Participating in a Utility Token is a high-risk activity. This Utility Token in particular is only aimed at experienced professionals who are used to blockchain technology, cryptocurrency trading and alternative non-financial instruments. By participating in this Utility Token, the purchaser is aware and accepts the risks related to security, the potential lack of technical and economic results and the total or partial loss of token value. Finally, the purchaser declares being aware of the legal uncertainty of this type of transaction and to have conducted his own legal guidance according to the applicable law to which he subscribes. Indeed, the token grants no financial (income, capital or dividend) or voting rights in the Stobox. The token is a crypto-asset issued by Stobox through the Utility Token and used by the members of the Stobox community.
The Tokens are functional utility tokens designed for use only on the Stobox's business platforms that are yet to be developed. STBU Tokens are not Securities. It is not envisaged that Stobox will actively take any steps to make the Tokens tradable on any regulated or unregulated or primary or secondary market. In the event that you purchase Tokens, your purchase cannot be refunded or exchanged. Stobox does not recommend purchasing Tokens for speculative investment purposes. Tokens do not entitle you to any equity, governance, voting or similar right or entitlement in Stobox or in any of its affiliated companies. Tokens are sold as digital products, similar to downloadable software, digital music and the like. Stobox does not recommend that you purchase Tokens unless you have prior experience with cryptographic tokens, blockchain-based software and distributed ledger technology and unless you have taken independent professional advice.