– 1% of the participation on the sales-Revenue of all companies where loans are made (listing on our site). 0,5% will be cashed by the patform.
– 30% of the profit of the platform.
– Return of the initial loan made to the borrowers.
– 0,5% of the participation on the sales-Revenue of all companies where investments are made.
– profits derived from fund raising activities.
– profits derived from the sale and licensing fees of our proprietary secured ID verification device the TWAL. TWAL uses thumbprint, facial and a proprietary algorithm to verify ID before granting access to wallets, bank accounts, cards, etc.
– Trading commissions on all native and external smart contracts traded on our platform.
-30% of the profits of the platform will be disbursed to the Twex holders.
-10% of the profits will be used to buy back TWEX Tokens at market rate.
30 % of all net profits generated by the Exchange
1 % of all sales of all companies trading on the site and which benefitted from the initial investment.
TWEX was born from the frustration of private equity investments and all the pitfalls and frustration born from it. When you invest in a private company it is more often than not an emotional affair where you believe in the company, its products and the management team. Happy you invest your hard earned money and wait patiently on the sideline hoping your investment will be the next big thing!
Some losses – normal it is a startup after all!
Break even – you start becoming jittery waiting impatiently for year 3 and your payday!
Company has started to make decent profits! – Finally! You feel vindicated and happy. You did not get that new Honda but now it’s a Mercedes that you will be able to buy with your profits! Alas the company is not distributing any dividends. They have to reinvest to stay competitive and all the other excuses that go with it.
You have become a God fearing person praying everyday and begging Him for one of the followings to happen:
a) Somebody to buy the company,
b) The company to become publicly listed,
c) Management to start buying out shareholders,
d) And please do not let them call on shareholders for more funds as you would not be able and or willing to follow and will get diluted in the process!
Need I continue? You have heard it all.
A creator of businesses with more than 25 years’ experience in banking, finance and corporate funding.
Educated at University Paris IX Dauphine in France. Writer with more than 5 books published. Bilingual (French and English)
Senior Fin-tech professional with 26 years experience and proven track record of applying appropriate practical mix of technologies blended with subject matter expertise in Finance.
An engineer in computer science, an MBA in marketing, an MBA in Financial Markets and a certified Design Thinking professional from MIT.
An accomplished Board member, international speaker, social entrepreneur, Impact investor and executive for business development in European, Asian and Middle-East markets.
Top Global Influencer in Banking & Fintech. Technical expert in blockchain-based accounting and financial applications. Serial entrepreneur with over 40 start-ups in portfolio. Initial Coin Offering (ICO) strategy, development, venture capital investment, consulting and advising. MBA from the Ohio State University.
Partner, The Largest Crypto Wholesale Market and The Largest Wholesale OTC Japan Exchange. Can also handle Japan/WW ICO Sales: pre and post.
Experienced in designing, coding and developing websites,dashboards from layout to function with strong programming skills.
Tuba is our web developer having experience in designing and development with sharp designing concepts.
Saman is experienced in designing of websites. She has a strong UI skills which can make a website look more charming.
Conceptualisation and design of character and objects, animation and other graphic art.
Creating Professional art portfolio that illustrates the range of skills
Experienced in Graphics Designing, 3d Modeling, visualizer & Video editing skills.
Provides voice-over and writes content for informational videos about TWEX.
Gabrielle having knowledge in contract laws is our assistant in our drafting team and for legal research related to crypto-currencies and contractual legalities.
Responsible for recuriting, screening and placing workers. Human Resources Managers plan direct and coordinate the administrative functions of an organization. Explaining human resources policies , procedures , laws and standards to new and existing employees.
Responsible for handling Social Media Platform for TWEX. Increasing reach and amplifying marketing of TWEX.
Responsible for building twex as a brand.
Promoting TWEX on Social Media platforms.
Increase of visibility of TWEX on social platform.
Creating content and analyzing the performance of TWEX on social media.
Remy Ozcan has significant Blockchain experience and is a co-founder of a Blockchain consulting firm.Blockchain technology is the space where all his previous experiences, education and belief intersects. Graduated from Paris Dauphine University in Finance & Law, he was in charge setting up finance & legal engineering for the European top asset manager. His enthusiasm over Blockchain technology stems from both the technological and financial aspects.
Christophe Ozcan has significant blockchain experience and has been involed with many different ICO’s. He is an active participant of Blockchain community by promoting the technology through his interventions. CEO of Crypto4All a Blockchain consulting company and also an expert member of ISO/TC-307 committee for international standardization of Blockchain and distributed ledger technologies.
Sean Brizendine has significant ICO background experience and is the CTO of an ICO consulting firm.Advisory Board Member at ‘BlockMedx’, ‘Knowledge’, ‘NousPlatform’, and‘Polly Patient’, ‘Blockchain Hub Consulting’,’Twex’. Blockchain Specialist on the ‘LOCI’ Team along with Technical Advisor ‘GCC Blockchain Conference’ in Dubai. Recipient of BSA-e approval from US Treasury FinCEN. Assisted in the launching of numerous Alternative CryptoCurrencies for research. Received a 5+ POD Rating by the CryptoAsian in 2014.
Anthony Sousa also has significant ICO background experience and is the head of a Blockchain consulting company.
He is the CEO of Blockchain Champions and the Vice President of Global Business Development for the Washington, DC, Digital Currency Association.
Yuriy Habarov a significant technology background with experience in Blockchain and its ICO processes.Fintech serial entrepreneur with 15 years of experience in building Enterprise level software platforms, mostly for large Financial Organisations around London City. Solutions Designer in BigData and HiLoad computing.
Annemieke Dirkes has significant Blockchain experience and is the CEO of a Blockchain consulting firm.30 years experience in IT businesses. Entrepreneur, management, business development and consultancy in the global community. Her companies concentrate on fin-tech solutions both in engineering, business and financial development, legal services/ICO’s /Escrow. Emphasis on compliant structuring, exchanges and a broad range of fin-tech solutions. Voted spokesperson for the Bitshares Blockchain.
Anouche Karaman has a strong background in the financial fundraising space but has no direct ICO experience according to research conducted.Experienced and highly versatile senior professional in banking and asset management in Switzerland for over 3 decades (former Japanese broker and bond trader, portfolio manager (evaluation and asset management), stock and chart analysis, active in niche markets (gold, precious stones, special instruments).
Gerard Van De Par has a good background in the Fintech industry with an IT background but no direct, discernable ICO experience.Gerard van De Par is a seasoned manager and strategy consultant in the financial sector and beyond. He is an influencer and speaker in topics for innovative entrepreneurship. At the moment Gerard is involved as advisor in several Fintech companies.
Gerard holds a masters degree in technology complemented with many business and ICT curricula, amongst which Insead Banking Strategy. His area’s of expertise are Technology, Marketing, Innovation and organization. Gerard is an active member of different Fintech organizations in Europe
Businesses (NDB) team @ BBVA that focuses on venture creation, business development, strategic partnerships, and investment. Within NDB, he works directly with entrepreneurs and innovation leaders as their strategic partner to ideate, incubate, invest, andhelp scale disruptive new digital businesses.
His current areas of interest are primarily within digital and blockchain based technology, including crypto assets, DApps, and finding opportunitiesfor integrating its utility within IoT and AI space. Prior to this, Rohan has worked in financial services space as a consultant in North America and Asia focusing on customer and digital strategy for Fortune 500 firms. He has MS in Engineering Management from University of Southern California, and BS in Mechanical Engineering from Purdue University.
We at TWEX enable you to trade your investments at a time of your choosing and need. We enable to create liquidity in an illiquid market!
Our calculation tool based on our proprietary algorithm that takes in many factors enables you to calculate a net present value for your investments. You are then able to offer your investment(s) in whole or in part at a price of your choosing. For example if one of the companies owes you 10,000 on Month 18. On month 15 you need access to your funds. You come to the site, insert the ticker symbol of the investment you want to sell, the amount and obtain the price, for example 9,600. You can offer the said investment for sale at 8,000. Any investor visiting the site and or registered on the site will receive and or view a message showing your sale price and the 25 % return potential in 3 months time!
We offer our investors the possibility to strip and independently trade all of their investments. They can trade as a whole or partly the Smart Contract Capital (SCC) and or Smart Contract Profit Participation (SCPP). Trade one or two years while keeping the others or trade all of your position for one company or for all of the companies listed – all the while keeping the TWEX Tokens and enjoying its benefits and value!
TWEX Bounty Program Enables it’s User to test the TWEX Platform Beta site at www.twex.ch. Also it attracts Advisers to come on board to give their valuable inputs to improve the system and market its services.
New users are welcome to the system to register and participate. Users are encouraged to participate and are rewarded with 10 TWEX tokens in their wallet on the TWEX platform (www.twex.exchange). A winner of the trading game would WIN as follows:-
1st prize: 50,000 TWEX Tokens
2nd prize: 20,000 TWEX Tokens
3rd prize: 10,000 TWEX Tokens
4th to 10th prizes: 2,000 TWEX Tokens
11th to 15th prizes: 1,000 TWEX Tokens
Total tokens: 100,000 twice a week
Every Wednesdays and Saturdays for the coming 2 months all TWEX Wallet owners will have the chance of winning one of our prizes. Winners wallet numbers will be drawn lottery style. The winning numbers will be generated by our main computer running a numbers algorithm. One has to check our Lottery Section every Wednesdays and Saturday at 20:00 CET to know if your TWEX Wallet number has won.
Every winning wallet is rewarded with 100,000 TWEX tokens on the TWEX platform (www.twex.exchange).
The Adviser Program is aimed at directing talent to be part of the board of advisers. Every adviser comes in with new ideas to make the product features strong as well as market the services of the platform in their network. In appreciation of their effort and contribution we on-board every adviser with a reward of 50000 TWEX tokens once they register online on the platform and open their wallet on www.twex.exchange.
By continuing on to use our website (Twex) you hereby warrant and represent that you have irrevocably and accepted all of our terms and conditions without liability and or responsibility from us, our employees, associates and or any other affiliated or parent companies unless so confirmed in writing.
1.1 ACCOUNT – A user’s account on the website, which is created and used to buy TWEX tokens.
Please fill in our account opening forms and provide us with all required information in order to enable us to respect our AML charter and to perform our KYC. Only account holders will be able to acquire and subsequently trade our TWEX tokens.
1.3 BITCOIN OR BTC – A consensus network that enables a new payment system and a completely digital money; the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.
1.4 BLOCKCHAIN – Type of distributed ledger, comprised of unchangeable, digitally recorded data in packages called blocks.
1.5 TWEX PRE INITIAL COIN OFFERING – Period of time from october 30th 2017 to november 30th 2017, when the user is able to buy TWEX tokens at a discounted value. ICO starts on january 3rd 2018 and ends on february 3rd 2018 during which TWEX coins will be sold. Lock up period for pre-ICO coins lasts until 15 days after end of period unless the ICO’s date is extended at management sole discretion.
1.6 TWEX TOKENS – Cryptographic tokens, which are software product (digital resources), created by the website owner as a proof of membership of their holders in the various ventures contemplated at inception (please be advised that as owner of one or more TWEX tokens you are entitled to all profit rights associated to said token. Said profits are payable yearly three months maximum after end of accounting and auditing of accounts in order to determine funds available for distribution to TWEX holders. But under no circumstances whatsoever can you be considered as a shareholder of TWEX ltd – the company). Though TWEX tokens are similar to securities, they are not and shall not be considered as such.
1.7 TWEX WALLET –Blockchain wallet that permits users to buy, sell, manage and hold digital coins and assets.
1.8 USER – Anyone who uses the website, with or without prior registration and authorization using the Account.
1.9 WEBSITE OWNER, TWEX LTD, TWEX, COMPANY, WE, US – First tokenized closed-end fund designated to blockchain assets; TWEX ltd, a company, that is registered under the laws of the uk. In no way shall (company) be deemed a partner, employer or agent for any user or providing any financial services there to.
GENERAL INFORMATION :
2.1 These terms are a legally binding agreement between you, the user, on the one part, and the website owner, on the other part, also individually referred to as a “party” and collectively as the “Parties”.
2.2 These terms define basic mutual rights and obligations of the website owner and the users, either registered or just visiting certain pages of the website, during their use of the website, including but without limitation, for the purpose of buying the TWEX tokens.
2.3 By using the website, the users accept these terms in full and agree to be bound thereby and comply therewith.
2.4 These terms are effective at the time the users begin using the website. The user’s may withdraw from their obligation under the terms at any time by discontinuing the use of the Website.
2.5 The user acknowledges and accepts that: – these terms are subject to change, modifications, amendments, alterations or supplements at any time without prior written notice, at website owner’s sole discretion, by updating this posting at the “last updated” section; the user’s continued use of the website after the amendments etc. Shall constitute the user’s consent here to and acceptance hereof; – the website owner reserves the right, at its own and complete discretion, to modify or to temporarily or permanently suspend or eliminate the website, and/or disable any access to the website.
2.6 By using this website, you covenant, represent, and warrant that: – you are of an age of majority to enter into this agreement, meet all other eligibility and residency requirements, and are fully able and legally competent to enter into the terms, conditions, obligations, affirmations, representations, and warranties set forth herein and to abide by and comply herewith; – you are aware of all the merits, risks and any restrictions associated with cryptographic tokens (their buying and use), crypto currencies and blockchain-based systems, as well as you know how to manage them, and you are solely responsible for any evaluations based on such your knowledge; – you have necessary and relevant experience and knowledge to deal with cryptographic tokens, crypto currencies and blockchain-based systems, as well as you have full understanding of their framework.
2.7 You shall not use the website if you are prohibited under the applicable law from using it. In particular, should any limitation or prohibition as to your purchase or use of any amount of the TWEX tokens exist under the applicable law, we persistently recommend you not to use this website and not to buy TWEX tokens.
SALE OF TWEX TOKENS :
3.1 You may purchase the TWEX tokens within either the period of TWEX initial coin offering set out herein and after on different exchanges or during the pre-ico period on our private exchange.
3.2 During the pre-ico, the website owner is going to sell 25,000,000 TWEX tokens for 5,000,000 euros in BTC, ether, and others as specified on the date of sale. Price of one TWEX token is 0.20 euro in BTC, ether, and others as specified on the date of sale.Then at the actual date of the ico, 400,000,000 TWEX tokens will be offered for sale at 0.20 euro per token payable in BTC and or ether. The number of the TWEX tokens allowed for purchase by one user is limited to a minimum of 50 token and a maximum of 2,000,000 tokens in pre-ico and 200,000,000 tokens in ico. The TWEX tokens will be issued in one single round not counting the pre-ico.
3.3 Each acquirer will have the choice of investing his or her TWEX token in various projects and companies. Each such investment will entitle the TWEX coin holder to two smart contracts issued by each of the companies receiving his or her TWEX tokens. Said smart contracts will be freely traded on our private exchange. One smart contract will relate to the timing for capital repayment and the other smart contract will hold all the information about timing and timetable as well as amounts to be paid to holder based on profits, earnings, etc…
The smart contracts are the proof of their holders’ role as lender to the issuer of the contracts and to their inherent rights to payback of capital and profit following specifics of each smart contract issuer. The TWEX tokens are the proof of their holders’ membership in the TWEX ecosystem. The TWEX tokens provide their holders a right to receive 1/50000000 per TWEX token held of all amounts paid by companies that received the initial funding raised for their projects. Each of these company is obligated to pay to TWEX ltd 1.5 % of their gross sales. 1 % of said gross sales will be deposited in escrow and distributed according to following formula to twex holders:
1 % of gross sales collected x number of twex tokens held 50,000,000 tokens
3.5 any user who wants to buy the TWEX tokens shall register an account on the website using real name, email address, copy of id and proof of address. Information will then be given on how to fund the account with bitcoin (BTC), ether and or all other accepted crypto currencies as mentioned by us at such time. You could buy the TWEX tokens only via your account. To buy the TWEX tokens you shall send an amount of bitcoin, ether and or any other acceptable coins by us, which is equal to an amount of the TWEX tokens that you would like to receive on your account with us.
3.6 The website does not accept fiat currency as payment for TWEX tokens. In order to buy TWEX tokens with legal tender user shall convert such funds into bitcoin (BTC), ether or any other accepted coins as notified by us.
3.7 The TWEX tokens purchased hereunder may be sold and transferred by the User at any time after the ICO via cryptocurrency exchanges if the TWEX Tokens are listed there off.
3.8 By buying TWEX tokens hereunder the user represents and warrants under penalty of perjury and fraud that his/her funds in no way came from illegal or unethical sources.
3.9 You are only allowed to purchase TWEX tokens if you covenant, represent, and warrant that you are not violating/or in violation of the laws in your jurisdiction of residence.
USER REGISTRATION AND ACCOUNT :
4.2 You hereby expressly consent that you are solely responsible for the use of your login and password and for everything done using your registration details. You agree to keep your login information and password private. You are solely responsible for any loss or damage you or we may suffer as a result of your failure to do so.
4.3 You may deactivate your registration with the Website, at any time and for any reason, by sending an email request to email@example.com We may terminate your use of and registration with the Website at any time if you violate these Terms, at our sole discretion and without prior notice and without any liability or further obligation of any kind whatsoever to you or any other party, when we find such measures reasonable and/or necessary in a particular situation.
THIRD PARTY WEBSITES AND SERVICES :
5.1 The pages of the website may contain links to third-party websites and services. Such links are provided for your convenience, but their presence does not mean that they are recommended by TWEX ltd. In addition, TWEX does not guarantee their safety and conformity with any user expectations. Furthermore, we are not responsible for maintaining any materials referenced from another site, and makes no warranties for that site or this service in such context.
5.2 TWEX Ltd. assumes no obligations in the event of any damage or loss, or any other impact, directly or indirectly resulting from the use of any content, goods or services available on or through any such third-party websites and resources.
6.1 To the extent allowable pursuant to applicable law, the user shall indemnify, defend, and hold TWEX ltd. And/or its subsidiaries, affiliates, directors, officers, employees, agents, successors, and permitted assignees harmless from and against any and all claims, damages, losses, suits, actions, demands, proceedings, expenses, and/or liabilities (including but not limited to reasonable attorneys’ fees incurred and/or those necessary to successfully establish the right to indemnification) filed/incurred by any third party against TWEX ltd. Arising out of a breach of any warranty, representation, or obligation here under.
DISCLAIMER OF WARRANTIES AND LIMITATION OR LIABILITY :
7.1 This website and the TWEX tokens are provided on an “as is” basis and without any warranties of any kind, either expressed or implied. You assume all responsibility and risk with respect to your use of the website and buying of any amount of the TKRS tokens and their use. Under no circumstances whatsoever shall TWEX ltd., it’s employees, associates, owners, directors, affiliated company and or others be held responsible for delays in payment of the profit sharing, non timely issuance of the smart contracts; non timely or non retribution of contemplated profits due to unforeseen and unavoidable reasons or cases of force majeure as defined by the international chamber of commerce in paris, non timely or no payments at all derived from the smart contracts, no markets for trading the TWEX coins, no market for trading the smart contracts, gross negligence by the issuers of the smart contracts – please consult each issuer’s prospectus for more information.
7.2 You hereby expressly agree that, to the maximum extent permitted by the applicable law, the website owner does not accept any liability for any damage or loss, including loss of business, revenue, or profits, or loss of or damage to data, equipment, or software (direct, indirect, punitive, actual, consequential, incidental, special, exemplary or otherwise), resulting from any use of, or inability to use, this website or the material, information, software, facilities, services or content on this website, from buying of the dim tokens or their use by the user, regardless of the basis, upon which the liability is claimed and even if website owner has been advised of the possibility of such loss or damage.
7.3 You understand and agree that the website owner shall not be held liable to and shall not accept any liability, obligation or responsibility whatsoever for any change of the value of the TKRS tokens or any other crypto currencies such as BTC and ether but not limited to them. The website owner shall not provide the user refund possibilities (payout liquidity) for purchased TKRS tokens. The user understands and expressly agrees that the website owner shall not guaranty in any way that the TKRS tokens might be sold or transferred during or after the ico.
7.4 At any case, total amount of our aggregate liability here under may not exceed 500 (five hundred) euros. If applicable law does not allow all or any part of the above limitation of liability to apply to you, the limitations will apply to you only to the extent permitted by applicable law. You understand and agree that it is your obligation to ensure compliance with any legislation relevant to your country of domicile concerning use of this website and use and buying of the TWEX tokens, and that the website owner should not accept any liability for any illegal or unauthorized use of this website and use and buying of the TWEX tokens. You agree to be solely responsible for any applicable taxes imposed on tokens purchased here under.
7.5 The website owner does not warrant or represent that any information on the website is accurate or reliable or that the website will be free of errors or viruses, that defects will be corrected, or that the service or the server that makes it available is free of viruses or other harmful components. Website owner shall not be liable for uninterpreted availability of the website at all times, in all countries and/or all geographic locations, or at any given time.
INTELLECTUAL PROPERTY RIGHTS
8.1 The website owner has valid, unrestricted and exclusive ownership of rights to use the patents, trademarks, trademark registrations, trade names, copyrights, know-how, technology and other intellectual property necessary to the conduct of selling of the TWEX tokens and his activities generally.
8.2 In no way shall this agreement entitle the user for any intellectual property of the website owner, including the intellectual property rights for the website and all text, graphics, user interface, visual interface, photographs, trademarks, logos, artwork, and computer code, design, structure, selection, coordination, expression and other content connected to the website. Arrangement of such content is owned by TWEX ltd. And is protected by the intellectual property rights and fair competition laws.
8.3 There are no implied licenses under the Agreement, and any rights not expressly granted to the User hereunder are reserved by TWEX Ltd.
JURISDICTION AND DISPUTE RESOLUTION
9.1 All questions concerning the construction, validity, enforcement and interpretation of this Agreement shall be governed by and construed and enforced in accordance with the laws of the UK.
9.2 To resolve any dispute, controversy or claim between them arising out of or relating to this Agreement, or the breach thereof, the Parties agree first to negotiate in good faith for a period of not less than sixty (60) days following written notification of such controversy or claim to the other Party.
9.3 If the negotiations do not resolve the dispute, controversy or claim to the reasonable satisfaction of all Parties during such period, then the Parties irrevocably and unconditionally submit to the exclusive jurisdiction of the International Chamber of Commerce under the applicable law, as set out in clause 9.1. hereof.
10.1 – ENTIRE AGREEMENT This agreement is intended to fully reflect the terms of the original agreement between the parties. No provision of the agreement shall be considered waived unless such waiver is in writing and signed by the party that benefits from the enforcement of such provision. No waiver of any provision in the agreement, however, will be deemed a waiver of a subsequent breach of such provision or a waiver of a similar provision. In addition, a waiver of any breach or a failure to enforce any term or condition of the agreement will not in any way affect, limit, or waive a party’s rights here under at any time to enforce strict compliance thereafter with every term and condition here of.
10.2 – ASSIGNMENT TWEX Ltd. may, at its sole discretion, assign its rights and/or delegate its duties under this agreement. You may not assign your rights or delegate your duties, and any assignment or delegation without the written consent of TWEX Ltd which TWEX Ltd. may withhold at its sole discretion, shall be void.
10.3 – SEVERABILITY If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the Parties hereto shall use their commercially reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the Parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable.
10.4 – The User may send any questions regarding the use of the Website of the TWEX Tokens or regarding this Agreement via e-mail to: firstname.lastname@example.org
This is a non exhaustive list and accepting our risk factors automatically confirms your acceptance of all these other yet unidentified risks.
TWEX RISK FACTORS
The Issuer believes that there are numerous risks involved in the development, maintenance and running of the Company, many of which are beyond the control of the Issuer. Each Investor should peruse, comprehend and consider carefully the risks described below in addition to the other information stated herein before deciding to participate in the ICO, the TWEX Tokens lie in cyberspace only without physical presence and hence do not fall within or pertain to any specific jurisdiction. Participating in the ICO shall be an action based upon prudent decision and will be deemed as the relevant Investor having been fully aware of and agreed to take all the risks below:
Termination of the ICO Campaign
The ICO Campaign may be terminated, in case of which a Investor may not be refunded with his/her payment as a result.
Regardless of the Issuer’s effort to keep the system secure, anyone may intentionally or unintentionally introduce weaknesses or bugs into the core infrastructural elements which the security measures adopted by the Issuer is unable to prevent or remedy. This may consequently result in the loss of TWEX Tokens or any other digital tokens held by a Investor.
Unfavourable fluctuation of Bitcoins, Ether and other currency value
The proceeds of the sale of TWEX Tokens will be denominated in Bitcoins, Ether etc. and may, at Issuer discretion, be converted into other cryptographic. If the value of Ether or other currencies fluctuates unfavourably during or after the Sale Period, the Issuer may not be able to fund development, or may not be able to maintain the Platform in the manner that it intended.
Cryptography is evolving and cannot guarantee absolute security at all times. Advances in cryptography, such as code cracking, or technical advances such as the development of quantum computers, could present risks to all cryptography-based systems. This could result in the theft, loss, disappearance, destruction or devaluation of the TWEX Tokens held by any person. To a reasonable extent, the Issuer will be prepared to take proactive or remedial steps to update the protocol underlying the issuer in response to any advances in cryptography and to incorporate additional reasonable security measures where appropriate. The future of cryptography or security innovations is unpredictable.
Update of Source Code
The source code of the Issuer is open and could be updated, amended, altered or modified from time to time by any member of the Issuer. Nobody is able to foresee or guarantee the precise result of an update, amendment, alteration or modification. As a result, any update, amendment, alteration or modification could lead to an unexpected or unintended outcome that adversely affects the Issuer’s operation or TWEX Tokens’ value.
Unauthorised Claim of TWEX Tokens for Crowdsale
Any person who gains access to the Investor’s registered email or registered account by deciphering or cracking the Investor’s password will be able to claim the purchased TWEX Tokens for Crowdsale in bad faith. As such, the relevant purchased TWEX Tokens for Crowdsale may be missing to that person, which sending is not revocable or reversible. Each Investor shall take care of the security of his/her registered email and registered account.
Insufficient Information Availability
The Issuer is at the stage of development as of the date of this Prospectus and its philosophy; consensus mechanism, algorithm, code and other technical specifications and parameters could be updated and changed frequently and constantly. While the TWEX Whitepaper has contained the then up-to-date key information of the Issuer, it is not absolutely complete and is subject to adjustments and updates that the Issuer might make from time to time for certain purposes. The Issuer is not in a position, nor obliged, to keep the Investors closely posted on every detail of the Company’s development.
The TWEX Token is not a currency issued by any individual, entity, central bank or national, supra-national or quasi-national organisation, nor does any hard assets or other credit back it. The circulation and trading of TWEX Tokens on the market are not what the Issuer is responsible for or pursues. Trading of TWEX Tokens merely depends on the consensus on its value between the relevant market participants. Nobody is obliged to redeem or purchase any TWEX Tokens from any TWEX Tokens.
Lack of an Operating History
As the TWEX crowd-lending platform is a start up there is no past base for an operative History.
Development Failure or Abortion
The Issuer is still in the process of development for its hardware wallet even if it is ready to launch. If any complexity in the Issuer’s system, the Issuer could face unforeseeable and/or insurmountable difficulties from time to time. Accordingly, the development of the issuer could fail or abort at any time for any cause (including insufficiency of funds). Although the hardware wallet will be licensed and registered but, the development failure, theft of idea or abortion would result in huge loss to the Issuer.
Theft of ICO Proceeds
There may be attempts to steal the ICO proceeds received by the Issuer. Such theft or attempted theft may impact the ability of the Issuer to fund the companies listed with itself and hinder the issuance of the TWEX tokens and of the smart contracts issued by each company listed with us. While the Issuer will adopt cutting-edge technical solutions to keep the ICO proceeds safe, certain cyber-thefts could be hardly unpreventable.
Crypto-tokens are being, or may be, overseen by the regulatory authorities of various jurisdictions. The Issuer may receive queries, notices, warnings, requests or rulings from one or more regulatory authorities from time to time, or may even be ordered to suspend or discontinue any action in connection with the ICO, Issuer’s development or the TWEX Tokens for Crowdsale. The development, marketing, promotion or otherwise of the Issuer may be seriously affected, hindered or terminated as a result. And since regulatory policies could change from time to time, existing regulatory permission or tolerance on the Issuer or the Campaign in any jurisdiction could be just temporary.
These are the risk factors for each company traded on our platform:
The Issuer believes that there are numerous risks involved in the development, maintenance and running of the Company, many of which are beyond the control of the Issuer.
Insufficient Information Availability
The Issuer is at the stage of development as of the date of this Prospectus and its philosophy, consensus mechanism, algorithm, code and other technical specifications and parameters could be updated and changed frequently and constantly. While the TKRS Whitepaper has contained the then up-to-date key information of the Issuer, it is not absolutely complete and is subject to adjustments and updates that the Issuer might make from time to time for certain purposes.
Development Failure or Abortion
The Issuer is still in the process of development, rather than a finished movie ready to launch. Due to the any complexity of the Issuer’s system, the Issuer could be faced with unforeseeable and/or insurmountable difficulties from time to time. Accordingly, the development of the Issuer could fail or abort at any time for any cause (including insufficiency of funds)
Regardless of the Issuer’s effort to keep the system secure, anyone may intentionally or unintentionally introduce weaknesses or bugs into the core infrastructural elements which the security measures adopted by the Issuer is unable to prevent or remedy.
The Business implementation risks
As the main aim of TKRS Entertainment Ltd is to rejuvenate a 74 years act old actor to make him look 30 using various technical and technological tools(VFX) some problems might arise that shall force to modify Issuer’s approach or even make Issuer miss the release dates. As the main considered actor is 74 years of age, he can decide not to finalize these movies and that for health reasons or others. In such case, the project will be greatly delayed until a solution can be found. There might be conflicting calendar problems with the main actors that might obligate the Issuer to hire other actors. This might have an impact on profitability, timing and even feasibility.
Alpen Design Studio Ltd.
Alpen Design Studio Ltd believes that the following factors may affect its ability to fulfil its obligations. All of these factors are contingencies which may or may not occur and the Company is not in a position to express a view on the likelihood of any such contingency occurring.
Our commercial success depends on our ability to cater to viewer preferences and maintain high audience Shares.
The commercial success of our channels depends largely on our ability to plan, produce, acquire and broadcast programming that matches viewer preferences and attracts high audience shares. We cannot be certain that a new program, whether produced by a third party producer or by us, will be popular until it is launched. In addition, even if our programs appeal to viewers, their success is also affected by the quality of and viewer preference for competing simultaneously aired social media programming, as well as the availability of alternative forms of entertainment and other leisure activities.
Animation derivation products are not necessities and demand for them can be volatile.
As our products are not necessities, demand for them depends to a significant extent on a number of factors relating to discretionary consumer spending. These factors include, among other things, general economic conditions and perceptions of such conditions by consumers, employment rates, the level of consumers’ disposable income, business conditions and interest rates.
Changes in technology
Changes in technology may render our current technologies obsolete or require us to make substantial capital investments. System failures or inadequacy and security breaches in computer systems may adversely affect our operations and result in financial loss, disruption of our businesses, regulatory intervention or damage to our reputation.
Our ability to acquire desired programming and artistic talent may be adversely affected by competition and increasing prices.
Some of our revenues are dependent on advertising income, which could decline due to a variety of factors. A part of the source of revenue of our Company is advertising income, which is influenced by various factors, including primarily the viewership of our programs. Advertising is also affected by general economic conditions and a downturn in the economy.
The company can face various challenges firstly due to:
The Brexit impact
The BREXIT can adversely affect our company policies and revenue based on future changes in rules and regulations of the Law.
Sudden increase in Building costs can also affect our profits or revenue.
Changes in Bank personnel
Changes in Bank personnel not supporting growth plans can also cause future issues for the company projects.
Delays in openings can also cause unexpected decrease in revenue. Poor supply of local trades people can be a risk factor too.
Further risks will be added from time to time in other various fields as we on board more companies on our Exchange.
Tag World Exchange Ltd. hereinafter referred to as ‘TWEX’ recognizes the importance of protecting the privacy of the personal information, which has been given to us. We believe that the confidentiality and protection of information entrusted to us by our clients and website visitors is one of our fundamental responsibilities. We have been safeguarding our clients’ privacy by maintaining strict standards of security and procedures that are especially designed to prevent misuse of any information.
We collect, retain and use information about you for the purpose of better serving your needs and administering our business. We limit the collection and use of client information to the minimum required for rendering service to our clients.
Website visitors will be informed about the extent to which we require and collect information. We ensure our investors that no personal data will be obtained or published without the explicit consent from our website visitors.
Personal data collected will be stored until it has fulfilled the purpose it was collected for. However, if a website visitor wants his personal data removed from our databases, we will delete his personal data upon written request (in accordance with the applicable laws). On request, we will also inform you about personal data stored concerning yourself.
TWEX is committed to the continuous upgrade of its website. Data gathered and analyzed regarding the use of our website to evaluate its usefulness, but these are for statistical purposes only and are not shared with any other organization outside the TWEX Group.
The personal information gathered will be referred to the relevant TWEX unit. Secrecy and confidentiality of that data will be kept. Controller of the data will be the relevant legal entity. Data will not be shared with any organization outside the TWEX Group. The data will only be used according to the purposes described on the respective website where the data had been collected.
Pages where we collect personal data from our website visitors are usually encrypted with your browser’s internal encryption module. A firewall prevents external access to account information from the TWEX system.
Moreover, multiple layers of encryption and identification prevent unauthorized inquiries or interception by the transmission of client information. In addition to the encryption procedures provided by standard browsers, TWEX uses even stronger encryption systems within its online systems, to further exclude decoding by unauthorized persons.