9. Risk announcements and protection tools for investors

QverseLab Inc. is a joint stock company with its headquarters registered in Seoul, South Korea, and is responsible for the issuance, distribution, management, processing, and other business activities of the QtikTok (QTCON) token.

We have patent rights for use of Quiztok platform, QTCON and methods for advertising and purchasing products. And we can give the license to third parties or others.

Jurisdiction Risks

Republic of Korea: QTCON and Quiztok platform are distributed and advertised through other media in Korea.

Also, you can use QTCON for advertising your products/services with quizzes. You can trade, receive and send QTCON in crypto-currency exchanges. However, we will strictly follow the laws of Republic of Korea in terms of trading QTCON. We actively seek advices from Korea Communications Commission, Financial Services Commission and Fair Trade Commission etc. and attempt to make real value of virtual assets in real economic activities for users.

In the first half of 2019, we will work hard on listing QTCON on the exchange and developing Quiztok platform in a localized way.

Japan: Crypto-currency trade is allowed in Japan. In the first half of 2019, we aim to list QTCON on the exchange and develop Quiztok platform in a localized way.

Crypto-currency trade is allowed in the U.S. In the second half of 2019, we aim to list QTCON on the exchange and develop Quiztok platform in a localized way. However, under the law of prohibition on ICO, related issues of ICO will be deleted. We will strive hard on listing QTCON on the exchange and developing Quiztok platform in a localized way within the boundaries of local laws in different countries. If ICO is prohibited in certain countries, related issues of ICO will be deleted.

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