Disclaimer

The information described here is preliminary and subject to change at any time. Furthermore, this information may contain forward-looking statements. Forward-looking statements generally relate to future events or our future performance. This includes, but is not limited to, Miami’s projected performance; the expected development of its business and projects; execution of its vision and growth strategy; and completion of projects that are currently underway, in development or otherwise under consideration. Forward-looking statements represent our management’s beliefs and assumptions only as of the date of this presentation. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks, which may cause actual performance and results in future periods to differ materially from any projections expressed or implied herein. Miami undertakes no obligation to update forward-looking statements. Although forward-looking statements are our best prediction at the time they are made, there can be no assurance that they will prove to be accurate, as actual results and future events could differ materially. The reader is cautioned not to place undue reliance on forward-looking statements.

General Terms

You acknowledge and agree that there are numerous risks associated with purchasing VIBE Token, holding VIBE Network, and using VIBE Network for participation in the VIBE Network. In the worst scenario, this could lead to the loss of all or part of the VIBE Network which had been purchased. IF YOU DECIDE TO PURCHASE VIBE Network, YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE FOLLOWING RISKS:

Uncertain Regulations and Enforcement Actions: The regulatory status of VIBE Network and distributed ledger technology is unclear or unsettled in many jurisdictions. The regulation of virtual currencies has become a primary target of regulation in all major countries in the world. It is impossible to predict how, when or whether regulatory agencies may apply existing regulations or create new regulations with respect to such technology and its applications, including VIBE Network and/or the VIBE Network. Regulatory actions could negatively impact VIBE Network and/or the VIBE Network in various ways. The Foundation, the Distributor (or its affiliates) may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction. After consulting with a wide range of legal advisors and continuous analysis of the development and legal structure of virtual currencies, a cautious approach will be applied towards the sale of VIBE Network. Therefore, for the token sale, the sale strategy may be constantly adjusted in order to avoid relevant legal risks as much as possible.

You must be aware that the VIBE Network is the utility token that runs the Miami blockchain. It is not to be considered a security or investment or financial instrument, as you may lose some or all of your funds by purchasing it. Miami is a decentralized, open source, research experiment to push the boundaries of blockchain technology. It is inherently risky.

Users from the United States, European Union, Canada, UK, China, Singapore, Hong Kong are prohibited from participating in the initial phases of Miami launch.

Inadequate disclosure of information : As at the date hereof, the VIBE Network is still under development and its design concepts, consensus mechanisms, algorithms, codes, and other technical details and parameters may be constantly and frequently updated and changed. Although this white paper contains the most current information relating to the VIBE Network, it is not absolutely complete and may still be adjusted and updated by the VIBE Development team from time to time. The VIBE Development team has no ability and obligation to keep holders of VIBE Network informed of every detail (including development progress and expected milestones) regarding the project to develop the VIBE Network, hence insufficient information disclosure is inevitable and reasonable.

Competitors : Various types of decentralised applications are emerging at a rapid rate, and the industry is increasingly competitive. It is possible that alternative networks could be established that utilize the same or similar code and protocol underlying VIBE Network and/or the VIBE Network and attempt to re-create similar facilities. The VIBE Network may be required to compete with these alternative networks, which could negatively impact VIBE Network and/or the VIBE Network.

Failure to develop: There is the risk that the development of the VIBE Network will not be executed or implemented as planned, for a variety of reasons, including without limitation the event of a decline in the prices of any digital asset, virtual currency or VIBE Network, unforeseen technical difficulties, and shortage of development funds for activities.

Security weaknesses: Hackers or other malicious groups or organisations may attempt to interfere with VIBE Network and/or the VIBE Network in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Furthermore, there is a risk that a third party or a member of the Foundation, the Distributor or its affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of VIBE Network and/or the VIBE Network, which could negatively affect VIBE Network and/or the VIBE Network. Further, the future of cryptography and security innovations are highly unpredictable and advances in cryptography, or technical advances (including without limitation development of quantum computing), could present unknown risks to VIBE Network and/or the VIBE Network by rendering ineffective the cryptographic consensus mechanism that underpins that blockchain protocol.

Other risks: In addition, the potential risks briefly mentioned above are not exhaustive and there are other risks (as more particularly set out in the Terms and Conditions) associated with your purchase, holding and use of VIBE Network, including those that the Foundation or the Distributor cannot anticipate. Such risks may further materialise as unanticipated variations or combinations of the aforementioned risks. You should conduct full due diligence on the Foundation, the Distributor, its affiliates and the VIBE Development team, as well as understand the overall framework, mission and vision for the VIBE Network prior to purchasing VIBE Network.

Regarding the VIbE Network

In particular, it is highlighted that VIbE Network:

Is non-refundable and cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any payment obligation by the Governing body, the Issuer or any affiliate; does not represent or confer on the token holder any right of any form with respect to the Governing body, the Issuer (or any of its affiliates), or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or licence rights), or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the Matic Network, the Governing body, the Issuer and/or their service providers; is not intended to represent any 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; is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument or any other kind of financial instrument or investment; is not a loan to the Governing body, the Issuer or any of its affiliates, is not intended to represent a debt owed by the Governing body, the Issuer or any of its affiliates, and there is no expectation of profit; and does not provide the token holder with any ownership or other interest in the Governing body, the Issuer or any of its affiliates.