according to the Tokens and TT Service Provider Act (TVTG) for the public offering of the DGMV Token Issuer according to TVTG: LCX AG
Date of the Basic Information: October 8, 2021
The Token Issuer according to TVTG is the company raising funds in the name and for the account of DigiCorp Labs AG, a company registered under the law of Liechtenstein at the commercial register under registration number FL-0002.667.473-6. and accepts responsibility for the contents of this Basic Information and declares that as at the date of this Basic Information, to its knowledge, the information provided is correct and no material circumstances have been omitted. All investments, including Investment in the DGMV Tokens involve certain risks including the total loss of invested funds. Potential buyers should read the contents of this Basic Information in its entirety prior to making an investment decision.
LCX AG, Herrengasse 6, 9490 Vaduz, Liechtenstein represented by Monty C. M. Metzger, CEO
This document contains Basic Information according to Art. 33 of Tokens and TT Service Provider Act (“TVTG”).
The offering of the DGMV Token (“DGMV” or “Token”) will be carried out by LCX AG (“the Issuer”) on behalf and for account of DigiCorp Labs AG, a company registered under the law of Liechtenstein at the commercial register under registration number FL-0002.667.473-6.
LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider. LCX AG is registered as TT Exchange Service Provider, TT Token Depositary, Token Generator, TT Key Depositary, TT Price Service Provider, TT Identity Service Provider, TT Token Issuer for our own name (Article 12(2) TVTG) and TT Token Issuer for third parties (Article 12(1) TVTG) under the provisions of the TVTG.
Only registered users of the LCX platform (see: https:/LCX.com) are eligible to purchase the Tokens. All buyers must read and accept the Terms of DGMV Token Sale published on the purchasing platform.
Any potential buyer will be subject to all applicable KYC/AML in place at the time of the purchase through LCX AG. Failure to comply with the KYC/AML procedures and routines applicable to the purchase of Tokens shall prevent the purchase of the Tokens or the imposition of sanctions on purchasers, including the freeze of funds, mandatory cancellation or redemption of Tokens or any other measure that the Issuer may deem appropriate to meet the applicable regulatory requirements.
Whether the Token constitutes a suitable investment must be assessed in light of each investor’s own circumstances. Neither this Basic Information nor any marketing material relating to the Basic Information constitute investment advice, financial advice or any other kind of advice to investors. Investors must make a suitability assessment regarding investments in the Token or consult with the investor’s professional advisors. An investment in the Token is only suitable for investors who have sufficient experience and knowledge to assess risks related to the investment.
The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further any US persons are prohibited from participating. The following Jurisdictions are defined as prohibited countries according to Issuers AML framework in general: Afghanistan, Angola, Bahamas, Barbados, Bangladesh, Bosnia and Herzegovina, Botswana, Burkina Faso, BVI, Cambodia, Cayman Islands, China, Colombia, Cook Islands, Crimea Region, Cuba, Ecuador, Eritrea, Ethiopia, Ghana, Guyana, Iran, Iraq, Jamaica, Kenya, Kosovo, Laos, Lebanon, Libya, Mauritius, Montserrat, Morocco, Myanmar (Burma), Nauru, Nicaragua, North Korea, Pakistan, Palestinian Territory and Gaza Strip, Panama, Papua New Guinea, Samoa, Sao Tome and Principe, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tonga, Trinidad and Tobago, Tunisia, Uganda, Vanuatu, Venezuela, Yemen, Zimbabwe.
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR CHINA OR OTHERWISE THAN TO PERSONS TO WHOM IT CAN LAWFULLY BE DISTRIBUTED – THIS TOKEN OFFERING IS AVAILABLE ONLY TO ADDRESSEES OUTSIDE OF THE UNITED STATES, CHINA OR OTHER RESTRICTED JURISDICTIONS.
The Issuer has not authorized the making of any offer by any offeror, and the Issuer has not consented to the use of this Basic Information by any other person in connection with any offer of the Basic Information in any jurisdiction.
Any offer made without the consent of the Issuer is unauthorised and the Issuer does not accept any responsibility or liability in relation to such offer or for the actions of the persons making any such unauthorised offer.
This summary is an overview of the subsequent Basic Information.
Potential buyers of DGMV are urged to read the entire Basic Information.
Investment in the Tokens involves substantial risks. Investors could lose all or part of the invested capital. Civil liability attaches only to those persons who have tabled the summary including any translation thereof, but only where the summary is misleading, inaccurate or inconsistent, when read together with the other parts of the Basic Information.
LCX is a regulated, compliant and secure blockchain company established in 2018 and headquartered in Vaduz, Liechtenstein.
LCX, LCX.com, the Liechtenstein Cryptoassets Exchange or LCX AG (hereinafter referred to as “LCX” or “LCX AG”) is a globally-focused financial technology company. LCX AG is established under the jurisdiction of Liechtenstein, with its registered address at Herrengasse 6 in Vaduz, Liechtenstein, 9490 Vaduz. Registered in the commercial register at Vaduz, Liechtenstein with register number: FL-0002.580.678-2 and Legal Entity Identifier (LEI) Number 529900SN07Z6RTX8R418.
As a Trusted Technology Service Provider that is registered under the Blockchain Laws (TVTG), LCX is required to comply with the KYC/AML/CFT standards under the Due Diligence Act and is supervised by the Financial Market Authority in Liechtenstein (“FMA”). The core activities of LCX in accordance with the scope and the definitions of the Lichtenstein Blockchain Act are to offer services as:
LCX is the Token Issuer of DGMV and facilitates the DGMV token sale. This includes the smart contract development and creation in LCX’s role as Token Generator, investor identification in LCX’s role as TT Identity Service Providers, secure custody in LCX’s role as TT Token Depositary and TT Key Depositary, and listing DGMV at LCX Exchange in LCX’s role as TT Exchange Service Provider.
LCX’s token sale manager and comprehensive crypto compliance suite empowers DigiCorp Labs to manage the DGMV token sale in a compliant manner. LCX’s advanced Crypto Compliance Suite comprises Know-Your-Customer (KYC), Anti-Money-Laundering (AML), and Blockchain Analytics (KYT) processes facilitate quick and automated investor onboarding for the private sale and public sale.
The LCX ecosystem consists of LCX Exchange, a regulated centralized exchange for a variety of digital assets, Fire Salamander, a powerful DEX aggregator, Tiamonds, tokenized diamonds, and LCX Terminal, an advanced trading platform for portfolio management.
The DigiMetaVerse and the DGMV Token
A utility token by design, DGMV, in conjunction with the user SID, unlocks access to a portfolio of enterprise and consumer services and intellectual property in the DigiCorp Metaverse, securely enabling:
As DigiCorp service uptake increases, demand for the DGMV utility token will grow, leading to high velocity demand and token scarcity.
Mechanics and Model
DGMV are pure utility tokens, based on the ERC-20 standard and issued on the decentralized Ethereum mainnet. The ERC-20 standard is fit for purpose including wide accessibility to an extensive ecosystem of token users and investors.
The main minting supply is 1 billion DGMV. Of this supply 650 million is company treasury, 210 million is team- & advisors allocation , and the remaining 140 million DGMV will be made available for sale to the market. Prior to a public sale of 50 million DGMV a private sale will take place of 90 million DGMV.
Proceeds from the sale of DGMV go towards: (1) Product Research Development and investment : 41% (2) ThreeFold Investment (Quantum Safe DigiMetaverse Grid): 12%,. (3)Academy & Community Development: 9%, (4) Operations and Administration: 12%, (5) Marketing and Sales: 19%, (6) Legal and Contingency: 7%.
Token sale start date: October 18, 2021.
Token sale duration: Ongoing.
Token distribution and listing date total supply: 1,000,000,000 (1 billion)
Public sale token price: USD $0.21, $0,30, and $0,36 per token, depending on the lock-up period and vesting schedule.
Currencies accepted: BTC, ETH, DGB, USDC and EUR.
Token Type: ERC20
DigiCorp Labs was created to demystify the application of decentralized blockchain technologies for businesses, brands and consumers. Our mission is to unlock the real world application of such decentralized technologies by eliminating security threats and risks; enabling businesses and users to repatriate control and ownership of their data. In short, we have created the DigiCorp Metaverse: inter-connected, inclusive and secure, free from intervention by third-party service providers: your data, your way.
Delivering the DigiMetaverse: our blueprint to the inherently secure, people-centric, value creation-focused web of tomorrow.
To deliver our real world, highly secure enterprise solutions from day one, DigiCorp is leveraging the foundational elements of the DigiCorp Metaverse to enable our forward progress in parallel with on-going innovative development.
The DigiCorp Metaverse is facilitating sustainable and connected ventures to create, enable and deliver real world value, providing innovative, inclusive digital experiences for all. The following vision-focused pillars are our guiding principles:
DigiMetaverse development and growth by DigiCorp, our partners and our community is being driven by our three business divisions:
Each of these businesses will set directions to expand and deliver across the DigiMetaverse, with focused agility and adaptability which ensures that each business can independently react to market conditions and opportunities.
Our roadmap includes an extensive delivery of future enterprise and consumer applications, solutions and services and other innovative DigiMetaverse enhancements. DigiCorp has plans to implement or sponsor a broad range of strategies to drive the momentum for this growth: each new application or service adds utility to the $DGMV by powering secure B2B, B2C and C2C transactions.
Along with an extensive international sales development strategy, DigiCorp has designed further approaches to deliver DigiMetaverse expansion support. By tapping into markets that are already sizable yet far from reaching their full potential, these strategic approaches include but are not limited to partnerships; community collaboration, new ventures and knowledge sharing; research and development; as well as consulting and professional services.
Please refer to our White Paper for more detailed info about the DigiCorp roadmap and the DigiMetaverse.
DGMV Token qualifies as a token pursuant to Liechtenstein’s Act on Token and Trustworthy Technology Service Providers (TVTG).
DGMV Tokens do not constitute any absolute or relative right at all. The utility of such tokens stands in its function to access the DigiMetaverse as well as to pay for certain services offered within the platform. In total therefore, the Token does not unfold any obligations to other parties rather than feature the ecosystem-powering utility.
Launched on the Ethereum Blockchain, DGMV is an ERC20 compliant Smart Contract. The DGMV smart contract has been created and developed by LCX as the registered Token Generator in accordance with the Liechtenstein Blockchain Laws.
The smart contract has been audited by Certik and the smart contract audit has been published online.
DGMV is programmed to interact with any ERC20 compliant wallet or application. Running on Ethereum makes this token simple to send and store.
DigiCorp Labs AG through the DGMV Token Sale is financing operations and other costs related to the DigiLabs MetaVerse components. DigiCorp Labs AG has created the DGMV as a utility token with long term incentive model l for customer and platform users.
DigiCorp Labs AG has chosen LCX to manage and facilitate the DGMV Token Sale.
For the purpose of the token sale, DigiCorp Labs AG authorized LCX AG to generate the DGMV Tokens in LCX’s role as Token Generator and to facilitate the public offering through LCX AG on behalf and account of DigiCorp Labs AG. For the DGMV Token Sale LCX is also responsible for the investor identification in LCX’s role as TT Identity Service Providers and secure custody in LCX’s role as TT Token Depositary and TT Key Depositary.
After concluding the DGMV Token Sale LCX will be listing DGMV at LCX Exchange in LCX’s role as TT Exchange Service Provider.
The DGMV Tokens will be publicly offered by LCX AG to the users of the LCX platform.
The DMGV Token does not represent any contractual rights or claims that entitle the Token holder to receive payments or other forms of compensation, or give the Token holder ownership of a legal person, contractual rights or any similar rights.
Token holders cannot request an exchange or redemption of the monetary value vis-à-vis the issuer, LCX, or vis-à-vis DigiCorp Labs AG.
Users can subscribe for DGMV Tokens, in the sense of an expression of intent for the purchase of Tokens to be placed on the market, when the public offer begins. If the number of subscriptions reaches the existing quantity of Tokens to be placed on the market by LCX, then LCX completes the public offer and distributes the Tokens to the users who subscribed for them.
The main minting supply is 1 billion DGMV. Of this supply 65% is strategic reserve, 12% million is team reserve, 9% is advisory reserve, and the remaining 14% DGMV will be made available for sale to the market.
The issue date of the DGMV Tokens will be October 18, 2021.
The Issuer is not obliged to provide Token holders with a refund for any reason and Token holders cannot request an exchange or redemption of the monetary value vis-à-vis LCX AG or vis-à-vis DigiCorp Labs AG.
Tokens will be provided on an “as is” basis. The Issuer and each of their respective directors, officers, employees, equity holders and affiliates make no representations or warranties of any kind. Digital assets are part of a new and rapidly evolving industry, and the value of DGMV depends on the development and acceptance of this industry.
Extreme volatility in the future could have a material adverse effect on the value of DGMV and DGMV could lose all or substantially all of its value.
Digital asset networks are dependent upon the internet. A disruption of the internet or a digital asset network, such as the Ethereum Network, would affect the ability to transfer digital assets, including ETH, and, consequently, their value.
Many digital asset networks face significant scaling challenges and are being upgraded with various features to increase the speed and throughput of digital asset transactions. These attempts to increase the volume of transactions may not be effective.
Banks may not provide banking services, or may cut off banking services, to businesses that provide digital asset-related services or that accept digital assets as payment, which could dampen liquidity in the market and damage the public perception of digital assets generally or any one digital asset in particular, such as Bitcoin, and their or its utility as a payment system, which could decrease the price of digital assets generally or individually.
In addition, the Ethereum blockchain rests on open source software, and accordingly there is the risk that the Token smart contract may contain intentional or unintentional bugs or weaknesses which may negatively affect Tokens or result in the loss or theft of Tokens or the loss of ability to access or control Tokens. In the event of such a software bug or weakness, there may be no remedy and Tokens holders are not guaranteed any remedy, refund or compensation.
If a private key is lost, destroyed or otherwise compromised and no backup of the private key is accessible, Token holders will not be able to access the blockchain asset associated with the corresponding address, and the Issuer will not be able to restore the private key.
Transactions involving Tokens that have been verified, and thus recorded as a block on the blockchain, generally cannot be undone. Even if the transaction turns out to have been in error, or due to theft of a user’s Tokens, the transaction is not reversible. Consequently, the is unable to replace missing Tokens or seek reimbursement for any erroneous transfer or theft of Tokens.
The Tokens are held by the investor in wallets, a coded access. If the investor loses this access, there is no way to get to the Token. They will be lost. In particular, the Issuer is neither actually nor legally able to regenerate and issue the Tokens. The same risk exists if a third party succeeds in gaining unauthorized access to the wallet. Also, in this case, where a third-party succeeds in removing and transferring the Tokens from the wallet, the Issuer is not able to issue new Tokens to the investor.
Prospective Token holders must seek their own tax advice in the relevant jurisdictions in connection with acquiring Tokens, which may result in adverse tax consequences, including withholding taxes, income taxes and tax reporting requirements.
Contacts:
For LCX AG
Herrengasse 6
9490 Vaduz
Liechtenstein
Monty C. M. Metzger, CEO and Member of the Board
For DigiCorp Labs AG
Herrengasse 6
9490 Vaduz
Liechtenstein
Jozua van der Deijl – CEO and Member of the Board at DigiCorp Labs AG
Rudy Bouwman – Member of the Board at DigiCorp Labs AG
Chantal Kusters – Member of the Board at DigiCorp Labs AG
This Basic Information and the rights and obligations of the investors and the Issuer are governed exclusively by the laws of Liechtenstein excluding the application of International Private Law and the UN Sales Convention. The place of jurisdiction for all disputes arising out of or in connection with the public offering pursuant to this Basic Information shall be the jurisdiction of the Liechtenstein courts.
Should any provisions of this Basic Information, be or become invalid or unenforceable as a whole or in part, the remaining provisions shall remain in force. Any legally ineffective or unenforceable provisions shall be replaced by legally effective and enforceable provisions in accordance with the meaning and purpose of this Basic Information and the Token description, which in their economic effects come as close as legally possible to the legally ineffective or unenforceable provisions.
LCX AG is a company founded in 2018 and registered in Liechtenstein No. FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider.
