The service tokens and NFTs (non-fungible tokens), hereafter referred to as crypto-assets, described in this document may be very high risk and could lose all their value or liquidity or may not be redeemable for the described service, should the Lerium project fail or be interrupted. The tokens and NFTs that may be acquired will not be held by entities legally authorized to provide investment services and the registration technology planned to be used (blockchain) is novel and may entail significant risks. The issuer of the crypto-assets is solely responsible for the content of this token issuance white paper. This has not been reviewed or approved by any competent authority of any Member State of the European Union.

A token carries various implicit risks. Below we will mention some of them, though others may exist. These risks may result in the complete loss of the tokens or their value. The holder of the token and NFTs (non-fungible tokens) assumes and fully understands all the risks involved in holding a token. Under no circumstances, if the token loses value or any other issue occurs, will the Token Issuer compensate the token holder in any way.

1. The value of investments and the returns obtained may experience significant upward and downward variations, with the possibility of losing the entire amount invested.
2. Investments in early-stage projects involve a high level of risk, so it is necessary to adequately understand their business model.
3. Crypto-assets within the scope of Circular 1/2022 of January 10 from the National Securities Market Commission regarding advertising of crypto-assets presented as investment objects are not covered by customer protection mechanisms such as the Deposit Guarantee Fund or the Investor Guarantee Fund.
4. The prices of crypto-assets are established in the absence of mechanisms that ensure their correct formation, unlike those present in regulated securities markets.
5. Many crypto-assets may lack the necessary liquidity to unwind an investment without suffering significant losses, given that their circulation among investors, both retail and professional, may be very limited.

1. Distributed ledger technologies are still in an early stage of maturity, with many of these networks having been recently created, so they may not be sufficiently tested and there may be significant flaws in their operation and security.
2. Incompatible wallet services risk: The digital wallet service provider or digital wallet used to receive tokens must comply with the ERC-20 token standard to be technically compatible with such tokens. Failure to ensure such compliance may result in the subscriber losing access to their tokens.
3. The recording of transactions in networks based on distributed ledger technologies works through consensus protocols that may be susceptible to attacks attempting to modify said record. If these attacks succeed, there would be no alternative record to support such transactions or the corresponding public key balances, potentially resulting in total loss of crypto-assets.
4. The anonymity features that crypto-assets may provide make them a target for cybercriminals, as stolen credentials or private keys could allow transfer of crypto-assets to addresses that hinder or prevent their recovery.
5. The custody of crypto-assets implies significant responsibility since they can be completely lost in case of theft or loss of private keys. However, the company does not custody crypto-assets on behalf of its clients - clients must custody the crypto-assets themselves at their own risk, either through a wallet they own or through a third-party service, which in no case will be related to the company.

The acceptance of crypto-assets as a means of exchange is still very limited and there is no legal obligation to accept them.

1. Risks associated with the offering and trading

   Liquidity risk: There is a possibility that the token and NFTs in question may not be included in any secondary market or that there may be a lack of liquidity in OTC (over the counter) markets. The company is not responsible for fluctuations that the token may experience in any market or that such markets allow the token to be listed, which may entail liquidity risks. Even if the token is listed on a third-party platform, such platforms may not have sufficient liquidity or may face regulatory or compliance risks, making them susceptible to failure, collapse or manipulation.

2. Risks associated with project execution and/or the Issuer

   Forward-looking information risk: Certain information contained in the company's Whitepaper is forward-looking, including financial projections and business growth projections. This forward-looking information is based on what the Issuer's management believes to be reasonable assumptions, and there can be no assurance that the results will be real. Future events could differ materially from those anticipated.

   Regulatory risk: Blockchain technology enables new forms of interaction and it is possible that certain jurisdictions may apply existing regulations or introduce new regulations addressing blockchain-based applications, which may be contrary to the current configuration of smart contracts and which may result in substantial modifications to them, including their termination and the loss of tokens for the subscriber.

   Project failure or abandonment risk: The development of the project proposed by the Issuer in this document may be prevented and ceased for various reasons, including lack of market interest, lack of funding, lack of commercial success or prospects (for example, caused by competing projects). This token issuance does not guarantee that the objectives set out in this document will be fully or partially developed.

   Competing companies risk: It is possible that other companies could provide services similar to those of the company. The company could compete with these other companies, which could negatively impact the services provided by it.

3. Risks associated with tokens and NFTs and the technology used

   Competing companies risk: It is possible that other companies could provide services similar to those of the company. The company could compete with these other companies, which could negatively impact the services provided by it.