Disclosures

The $P2P token is a utility and governance token. It is not an asset-referenced token or an e-money token, and it is not equity, debt, or a security. It carries governance rights and protocol utility, with no redemption rights and no claim on the issuer's or foundation's assets, revenue, or profit. Value, if any, derives from protocol usage and network participation, not from any promise of returns. US persons were excluded from the primary sale.