Ore Network

ORE Token is a functional multi-utility token which will be used as the medium of exchange

between participants on the ORE Protocol in a decentralised manner. The goal of introducing ORE Token is

to provide a convenient and secure mode of payment and settlement between participants who interact

within the ecosystem on the ORE Protocol, and it is not, and not intended to be, a medium of exchange

accepted by the public (or a section of the public) as payment for goods or services or for the discharge of

a debt; nor is it designed or intended to be used by any person as payment for any goods or services

whatsoever that are not exclusively provided by the issuer. ORE Token does not in any way represent any

shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates,

or any other company, enterprise or undertaking, nor will ORE Token entitle token holders to any promise of

fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in

Singapore or any relevant jurisdiction. ORE Token may only be utilised on the ORE Protocol, and ownership

of ORE Token carries no rights, express or implied, other than the right to use ORE Token as a means to

enable usage of and interaction within the ORE Protocol.

Further, ORE Token is required as virtual crypto "fuel" for using certain designed functions on the ORE

Protocol, providing the economic incentives which will be distributed to encourage users to exert efforts

towards contribution and participation in the ecosystem on the ORE Protocol, thereby creating a mutually

beneficial system where every participant is fairly compensated for its efforts. ORE Token is an integral and

indispensable part of the ORE Protocol, because without ORE Token, there would be no incentive for users

to expend resources to participate in activities or provide services for the benefit of the entire ecosystem

on the ORE Protocol. Given that additional ORE Token will be awarded to a user based only on its actual

usage, activity and efforts made on the ORE Protocol and/or proportionate to the frequency and volume of

transactions, users of the ORE Protocol and/or holders of ORE Token which did not actively participate will

not receive any ORE Token incentives.