The information shall not and cannot be considered as an invitation to enter into an investment. It does not constitute or relate in any way nor should be considered as an offering of securities in any jurisdiction. This content does not include nor contain any information or indication that might be considered as a recommendation or that might be used to base any investment decision. This content does not constitute an offer or an invitation to sell shares, securities or rights belonging to n’cloud.swiss or any related or associated company. The NCU is just a utility token which can be used only on the n’cloud.swiss platform and is not intended to be used as an investment. n’cloud.swiss is not to be considered as advisor in any legal, tax or financial matters. Any information in the whitepaper is given for general information purpose only and n’cloud.swiss does not provide with any warranty as to the accuracy and completeness of this information. Given the lack of crypto-token qualifications in most countries, each buyer is strongly advised to carry out a legal and tax analysis concerning the purchase and ownership of NCU tokens according to their nationality and place of residence. n’cloud.swiss today is not a financial intermediary according to Swiss Law and is not required to obtain any authorization for Anti-Money Laundering purpose. However we reserve the right to launch additional ICO’s as a security token. This may then change how the Swiss Financial Market Supervisory Authority considers the n’cloud.swiss case and the sales of a security token might then qualify as a financial intermediation activity. In this case, the use of n’cloud.swiss services may require the positive conclusion of an AML/KYC identification process. However in regard to potential future compliance to Swiss laws regarding ICO activities, each purchase of a NCU token will require at least KYC checks which are conducted by YOTI digital ID – www.yoti.com. This service is offered by n’cloud.swiss during the purchase of tokens. The NCU tokens confer no direct or indirect right to n’cloud.swiss capital or income, nor does it confer any governance right within n’cloud.swiss; an NCU token is not proof of ownership or a right of control over n’cloud.swiss and does not grant the controlling individuals any asset or share in n’cloud.swiss, or in the n’cloud.swiss network. An NCU token does not grant any right to participate in control over n’cloud.swiss management or decision-making set-up, or over the n’cloud.swiss network and governance to the Purchasers. Regulatory authorities are carefully scrutinizing businesses and operations associated to cryptocurrencies in the world. In that respect, regulatory measures, investigations or actions may impact n’cloud.swiss business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire NCU tokens must be aware of the n’cloud.swiss business model, the white paper or terms and conditions may change or need to be modified because of new regulatory and compliance requirements from any applicable laws in any jurisdictions. In such a case, purchasers and anyone undertaking to acquire NCU tokens acknowledges and understands that neither n’cloud.swiss nor any of its affiliates shall be held liable for any direct or indirect loss or damage caused by such changes. n’cloud.swiss will do its utmost to roll-out its operations and develop the n’cloud.swiss case according to the indicated plans. Anyone undertaking to acquire NCU tokens acknowledges and understands that n’cloud.swiss does not provide any guarantee that it will manage to achieve it. On concluding the Commercial Operation, these tokens will be issued by a technical process referred to as a «Blockchain». This is an open source IT protocol over which the Company has no rights or liability in terms of its development and operation. The token distribution mechanism will be controlled by a Smart Contract; this involves a computer program that can be executed on the Ethereum network or on a blockchain network that is compatible with Smart Contract programming language. Purchaser acknowledges and understands therefore that n’cloud.swiss (incl. its bodies and employees) assumes no liability or responsibility for any loss or damage that would result from or relate to the incapacity to use NCU s, except in case of intentional misconduct or gross negligence. The NCU token is based on the ERC20 token. Therefore, any malfunction, unplanned function or unexpected operation of the ERC20 token may cause the n’cloud.swiss network or n’cloud.swiss to malfunction or operate in a way that is not expected. Ether, the native Ethereum Protocol account unit may itself lose value in a similar way to NCUs, and also in other ways.