Disclaimer

This document is for educational and experimental purposes only.

This document is provided by the PassiveSphere team and does not in any way represent technical, legal, compliance, regulatory, financial or investment advice.

Due to various risks and uncertainties, including but not limited to, technological developments and industry conditions, the actual performance and development of items described herein may differ materially from those reflected or contemplated herein.

PassiveSphere does not accept any obligation to provide recipients with any additional information, or to update, expand, revise and/or amend the information herein, or to correct any inaccuracies which may become apparent. Although all information and views expressed herein are provided in good faith, estimates and assumptions made by PassiveSphere’s team, make no representation or warranty (expressed or implied) as to the accuracy or completeness of the information herein, and no assurance is provided that actual results will be consistent with the descriptions and projections herein.

This document is not a prospectus and does not constitute or form any part of any offer or invitation to subscribe for, underwrite or purchase the “PPX” utility token or, nor shall it form the basis of, or be relied upon, in any way, in connection with any decision relating to the utility token “PPX” issued by PassiveSphere.

The “PPX” utility token is needed to be able to use the decentralized application (dApp) as this document explains. The sale and transfer of the “PPX” utility tokens will be performed by PassiveSphere. No person is bound to enter any contract or binding legal commitment in relation to the sale and purchase of the “PPX” utility tokens. Any agreement between the token provider and an investor/s in relation to the sale and purchase of “PPX” utility tokens is to be governed solely by a separate set of documents setting out the terms and conditions of such agreement.

In the event of any inconsistencies between what is established in this whitepaper, and the terms and conditions of the purchase and sale of “PPX”, the terms and conditions of the relevant purchase and sale agreement shall supersede the whitepaper. PassiveSphere reserves the right to decline the sale of PPX during its private placement of utility tokens to any individual or business in the event of a breach of its core principles.

Regulatory authorities have not examined the information included in this paper; thus, no approval has been granted toward the information set out in this whitepaper in any jurisdiction.

Advances in innovation related to quantum computing and smart contract exploitation may present risks to PassiveSphere.

There is no guarantee that PassiveSphere will deliver on the content established in this document or achieve its objectives. PassiveSphere’s proposed decentralized application (dApp) running on the Ethereum Blockchain may fail, be abandoned, or be delayed for several reasons, including but not limited to lack of funding, lack of commercial success and other external factors.