9. Risk announcements and protection tools for investors

QverseLab Inc. is a joint stock company registered in Seoul, South Korea, and is responsible for the issuance, distribution, management, processing and other business activities of QTCON tokens.

We own and have the rights to patented technologies and registrations related to the use of the QUIZTOK platform and QTCON, patented technologies and registrations related to recognition advertising and product purchase methods on the QUIZTOK platform, and we may allow third parties to use these, distribute them to others, and use other related rights.

Jurisdiction Risks

Republic of Korea: QTCON and the QUIZTOK platform are distributed and promoted through other media in Republic of Korea.

Additionally, you can use QTCON in various ways, such as solving quizzes or combining it with advertising content.

Additionally, you can trade, acquire, and transfer QTCON through cryptocurrency exchanges.

However, we will comply with this within the scope permitted by the relevant laws of the Republic of Korea.

We are seeking active advice from the Korea Communications Commission, the Financial Supervisory Service, and the Fair-Trade Commission in Korea, and we will try to make users' idle virtual assets available for practical economic activities.

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: Cryptocurrency trading is allowed in Japan, and we will strive for the listing of QTCON cryptocurrency and the local application of the QUIZTOK platform in the first half of 2019.

U.S.: Cryptocurrency transactions are allowed in the U.S., and we will strive for the listing of QTCON cryptocurrency and the local application of the QUIZTOK platform in the second half of 2019. However, according to the law prohibiting ICOs, ICO-related matters are excluded.

The listing of QTCON cryptocurrency and the local application of the QUIZTOK platform in countries other than the above will be realized within the scope of compliance with the laws and regulations of the local countries, and we will make efforts to do so. However, according to the law prohibiting ICOs, ICO-related matters are excluded.