A Moment in Destiny
By Garland E. Harris
A BRIEF HISTORY OF TROPTIONS
TROPTIONS were originally born to solve three major problems with currencies in the barter or trade exchange industry. Barter is the direct (peer to peer) trading or swapping of goods or services for other goods or services. Barter was the first method of exchange and pre-dates currencies. Barter has three inherent inhibitors to robust commerce.
- Divisibility of fractionalization. If a certain horse is worth two pigs, how do you divide a horse in half to trade for one pig?
- Portability. How do I carry my pig around everywhere in case I want to trade?
- Information accessibility. How do I find out easily and quickly what I can trade my pig for and who would want to trade for it?
In 1960 the first trade exchange was developed to facilitate transactions using a barter currency or “trade dollar”. This replaced the need for one to one transactions and solved the problems of direct barter for a limited number of member clients within the system, but added the friction of fees and the necessity of trusting a third party record keeper.
When TROPTIONS was a Trade Dollar called a TROPTION.
In 2003, Garland E. Harris founded the concept of a TROPTION in a business plan for a company called Global Trading Partners Corp. The word “TROPTION” was the simple combination of two words – “Trade” and “Option”. Even though the founder had 20 years of experience in the barter/trade exchange industry, the word, “barter” was avoided because of the negative connotation that existed and still exists in the financial markets. Even though almost all, if not all Fortune 500 companies are involved in barter, as a competitive advantage, in one way or another. They may call it a swap, an offset, a promotional consideration, or a reciprocal trade but it is still just barter. Statistically, 25-30% of all commercial transactions are bartered.
TROPTIONS Gives You Options.
TROPTIONS was actually developed as a hybrid trade dollar to solve the lack of liquidity that occurs in every trade exchange. A trade exchange is a closed system among member firms and no matter how well run, a structural flaw exists. There are always certain members who cannot spend their trade dollars on uses that are relevant to their companies. Certain members always end up with excess trade dollars that cannot be practically used within the system. Even the owners of the trade exchanges refused to take their own trade dollars for their fees and demanded fiat currency.
This lack of liquidity causes gridlock that eventually slows commerce, hampers trading, and freezes member transactions. Members go “on hold”, which means they refuse to take additional trade dollars until they find something they deem useful to purchase.
In the fiat money system, this type of gridlock is avoided because of the wide acceptance of fiat currency. It is not a closed system. Moreover, it is demanded in the US, that the dollar is accepted for all debts, public and private.
TROPTIONS solved this challenge by providing a “pressure relief valve” that was the option for members to trade for liquid assets, such as free trading stock in public companies. If a member couldn’t find anything to trade for within the system that would satisfy the needs of his business, he could trade for the stock, sell it for cash and acquire the necessary goods and services outside of the system.
TROPTIONS, at that time, was considered a derivative. It was a financial instrument that derived its value from the underlying goods and services that were made available by members in the trade exchange system.
TROPTIONS found its niche as a financial instrument that helped dozens of small private companies raise capital and in some cases go public with millions of dollars in funding. Thousands of investors, some required to be accredited, used TROPTIONS to acquire millions of dollars in private and public stock.
In 2004, Global Trading Partners Corp. used the previously developed business plan to write and file a private placement memorandum under Rule 504 Regulation D with the Securities and Exchange Commission. A TROPTIONS, renamed TROPTIONS for blockchain purposes, has officially existed as a digital currency, since that SEC filing on 12/27/2004. Global Trading Partners Corp. was renamed Global Troption Partners Corp. in 2008.
To be Noted
All true, official, legal TROPTIONS are rooted in the original TROPTION included in the filing by Global Trading Partners Corp. in 2004.
TROPTIONS, in all caps, is the official name and asset symbol whether used in the singular or plural.
Examples: There is one TROPTIONS. There are one billion TROPTIONS.
The Word TROPTIONS represents all hard forks including:
TROPTIONS, TROPTIONS.GOLD, TROPTIONS.THORIUM, XTROPTIONS, XTROPTIONS.AUS, XTROPTIONS.GOLD and XTROPTIONS.TH
On October 31, 2008, Satoshi Nakamoto published his white paper titled, “Bitcoin: A Peer-to-Peer Electronic Cash System”
On the Bitcoin Blockchain, Block number 428,459 at 2016-09-05T22:25:59Z GMT TROPTIONS made its first appearance on the Bitcoin Blockchain via the open-source protocol Counterparty. From this point, forward TROPTIONS and the “forks” of TROPTIONS could be considered a cryptocurrency.
There are three financial entities that are not securities according to the SEC. They are currency, a commodity and certain short term loans, or most accurately, an asset. Several countries and some states in the US consider cryptocurrencies, and therefore TROPTIONS a currency. The IRS considers cryptocurrencies, and therefore TROPTIONS a product. The Commodity Futures Trading Commission considers cryptocurrency, and therefore TROPTIONS a commodity, is most accurately defined as a commodity product that is an asset.
NO TIME LIKE THE PRESENT
WHAT IS TROPTIONS?
TROPTIONS is an asset that provides its holder with the power to manifest nine financial benefits. An asset is defined as a useful or valuable thing. An asset, by word origin, is, in itself, enough. In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled by a person, company, or country to produce positive economic value. It is inaccurate thinking that suggests that an asset needs to be backed by another asset to have value. Every asset, in and of itself, is valued based upon its utility and desirability. TROPTIONS is enough to transact business with or without additional assets or fiat currencies combined…TROPTIONS IS ENOUGH!
WHAT ARE THE BENEFITS OF TROPTIONS?
TROPTIONS are Beneficial for a Holder to Use in Nine Ways.
- As an asset TROPTIONS have value, hold value, and can be used for savings of value.
- TROPTIONS automatically gain in purchasing power as the holder has the option to trade for an increasing number of goods and services in the business, personal or investment categories.
- TROPTIONS increase in value as the TROPTIONS holder increases in the knowledge of best practices of acquisition and utilization.
- TROPTIONS grows in value with the level of demand in the TROPTIONS marketplace.
- TROPTIONS allow for portability of immense wealth that is immutable (as much as is possible by man) due to the incorruptible distributed ledger on the Bitcoin Blockchain and encrypted for secrecy and security.
- TROPTIONS provide divisibility and fractionalization. Each TROPTIONS can increase to an immense dollar value and still afford the ability of small purchases. Additionally, TROPTIONS can be used to avert the old problem with barter, “How to divide a horse in half to pay for a pig.” A product or service valued in TROPTIONS can be exchange allowing the TROPTIONS holder to in turn spend whatever is appropriate to buy other products and services with no loss in value.
- TROPTIONS are easy to acquire, relative to fiat currencies. TROPTIONS reside in a “blue ocean” of less contested abundance.
- TROPTIONS are holder controlled providing “A Peer-to-Peer Electronic Asset Trading System” that requires no trusted third party record keeper and demands no gatekeeper.
- TROPTIONS many times is the initial asset in a chain reaction of asset trades.
Where Is The Asset called TROPTIONS Located and Why?
TROPTIONS resides on the Bitcoin blockchain. And is encoded there, by way of an open-source protocol named Counterparty. The Bitcoin blockchain was chosen as opposed to an independent TROPTIONS blockchain because it is the strongest and most tested blockchain in the world. Therefore the asset, TROPTIONS, has no need to focus on or commit resources to platform stability and node maintenance.
How Are TROPTIONS Mined or Acquired?
TROPTIONS can be mined in virtually unlimited ways.
Mined with the Mind
TROPTIONS are all pre-mined. Some are locked so that no more can be added and some are not so that future demand can be met. Troptions Corporation (“TC”), with many other TROPTIONS holders, has developed a greenhouse environment of with over one billion dollars worth of examples of TROPTIONS used in the trading for a wide variety of goods and services including: Land purchases, hotels, NASCAR sponsorships, surplus capital for insurance companies, precious and semi-precious metals and gemstones, mining claims and rights, stock in private and public companies, exotic and classic automobiles, buses, entire companies, funding for cities, and broadcast licenses.
TROPTIONS didn’t start by promising proof of use in the future, but by proving used now and continuing into the future. TROPTIONS Corporation and other TROPTIONS holders are interested in funding projects with TROPTIONS, lending TROPTIONS for projects and paying commissions of TROPTIONS for those who present viable deals.
You can mine TROPTIONS with your mind by doing a deal or presenting a deal.
Acquire with Other Assets
TROPTIONS can be acquired with fiat currencies like other assets called or so-called cryptocurrencies, but that is where the similarity ends. TROPTIONS can also be acquired in exchange for almost any other valuable goods, services or other assets.
The TROPTIONS Corporation has developed and promoted a TROPTIONS Trading System environment which assists companies, individuals and countries in the following activities, and more:
- Consulting with a company’s top management to uncover hidden assets that have been previously unexploited as TROPTIONS purchasing power.
- Suggesting the best practices to convert previously undiscovered assets into usable purchasing power through TROPTIONS.
- Assisting a client in entering a TROPTIONS market where TROPTIONS holders are assisted in facilitating transactions with other holders that increase revenues, reduce excess inventories and acquire needed goods and services while preserving fiat cash flow.
- Setting up and staffing a TROPTIONS asset department or training existing staff of TROPTIONS holders for the purpose of expanding the use of TROPTIONS for additional competitive advantages.
How Are TROPTIONS Transferred?
TROPTIONS resides on the Bitcoin blockchain and therefore can be transferred from digital wallet to digital wallet with a small Bitcoin fee.
Who Owns TROPTIONS?
You do as a TROPTIONS holder. Wallets on the Bitcoin blockchain that are Counterparty configured and have TROPTIONS in them are the owners of TROPTIONS.
ADDITIONAL USE CATEGORIES OF TROPTIONS?
Use Category Number One
TC uses proprietary techniques to optimize value from excess inventory, idle equipment, underutilized employee labor, customer databases, vendor’s relationships, and unused space.
Use Category Number Two
The management of TC has developed and acquired hundreds of best practices examples through years of individual application and hundreds of clients. A database of best practices as well as fresh innovative ideas is available to each holder. A personal transaction agent can also be provided for each holder that does not wish to move the operation in-house.
Use Category Number Three
A holder can be trained remotely or on-site to function in an active TROPTIONS market. TROPTIONS can be exchanged for goods and services or traded for profit. TC will act as a market maker for TROPTIONS enabling TC to facilitate potentially millions of transactions for holders.
Use Category Number Four
TC can provide staffing to establish a department or division within a holding firm to increase the frequency or the scope of the use of TROPTIONS. TC can also train current staff to act as a liaison. This liaison becomes a conduit for the latest in trading trends and best practices information. A senior-level staff person, specifically designated to the use of TROPTIONS could significantly increase the bottom line profits of a holding company by providing vital information to the marketing and purchasing department particularly.
Use Category Number Five
TROPTIONS holder SINGK Corporation is a truly revolutionary development stage company that transitions old cash to new coin. When complete, SINGK will act as a non-discriminating electronic money platform synthesizing old and new currency for participating buyers and sellers of goods and services around the globe. SINGK will enable buyers and sellers to make secured transactions – in real-time – without concern for location, language, or exchange rate.
SINGK will organize the correct technical, financial, and leadership talent capable of developing the vision and design, implementation, and maintenance of long-term sustainability of SINGK in the global marketplace. SINGK intends to edge out those companies entering this space to become the standard in cryptocurrency transmission.
SINGK will also facilitate the daily acquisition of a blend of cryptocurrencies for institutional investors looking to spread the risk. Revenue will be generated from microtransaction by a small fee charged to participating merchants.
TROPTIONS Corporation is a strategic partner and shareholder in SINGK Corporation.
Use Category Number Six
TROPTIONS holder NextG Corporation (also known as NextG “NxG”, the Company) is certified by the FCC Federal Communications Commission and registered with the SEC- Securities and Exchange Commission: as an “ETC “ Exempt Telecommunications Company. The Company can complete solutions that can IP Multicast to any television, cell phone, internet connection, game port and computer from a single signal. This signal is called multi-casting services via fiber-optic utility lines and wireless internet.
The business model is to roll out over 10,000 4K UltraHD & 8K HDR resolution; Digital television channels, local and regional TV stations like ABC, CBS, PBS, CNN, new market entrants international channels like the Global, BBC, and NHK, pay per view movies and sports channels. NextG will reach an international population within California of over 38.8 million and 10 million homes passed. Special TV channels will be dedicated to Emergency 1st Responders Search and Rescue Disaster Recovery’ communications training.
NextG will facilitate electronic international TROPTIONS markets.
TROPTIONS Corporation acquired NextG Corporation.
TROPTIONS TOKEN ALLOCATION
One Billion Allocated
- Consultant – 1%
- Holders – 1.5%
- The amount allocated to the TRON Network – 8.5%
- Troptions Corporation – 89%
Official TRON wallet address
(bar code in pdf)
The TROPTIONS that we have added to the TRON network are NOT the same TROPTIONS that were on the Bitcoin blockchain Therefore we CANNOT claim the legacy of direct purchases of hotels, ranches, gemstones, trucks, cars, Harleys, licenses, and companies. We CANNOT claim the $3.2 to $5.2 Billion dollars worth of business that three of our hard forks of TROPTIONS is doing now, BUT we have the same team, Mr. Harris and Mr. Stone (and more now) that accomplished the amazing success of the past. Remember, we did NO ICO and still facilitated billions of dollars worth of exchanges on a slow, expensive Bitcoin blockchain.
What could we do on the fastest and most affordably priced blockchain in the world?
Let’s see what happens?
The TROPTIONS TEAM:
Garland E Harris, Founder/CEO, of Troptions Corporation
Mr. Harris was president and CEO of Ebiznet.com, Inc. a publicly-traded company during the dot com era. He facilitated the rise in shareholder value from $0.75 to $3.50 in less than 3 months.
Almost 16 years ago Mr. Harris gave birth to TROPTIONS, originally a Troption, in a private placement memorandum. This has now morphed into the White Paper that describes TROPTIONS as a hybrid crypto asset.
Mr. Harris has a barter background that goes back over 34 years. He originally designed TROPTIONS to be a digital/virtual barter currency. He brought into private companies, took them public and traded their stock to the tune of 60 million dollars, using two companies he founded; Global Troptions Partners, Inc. formerly Global Trading Partners) and a private equity fund called Fountain Capital Fund Inc. Mr. Harris tried to transcend to a broader market but was not successful until he was introduced to a way to get TROPTIONS on the Bitcoin Blockchain via Counterparty/XCP.
Under the auspices of Troptions Corporation and with the help of Mr. Bryan Stone, President, the TROPTIONS supported and sanctioned by Troptions Corp do $3.2 to $5.2 billion dollars worth of trades on a peer to peer barter basis. This even under the legacy system of Counterparty/XCP. Mr. Harris felt it was time to move TROPTIONS, to the most innovative and we believe the fastest system, the TRON network. After our holders got used to a 10 minute block wait time and fees that are usually over a dollar for high priority transactions, Mr. Harris believes we can do 10 times the dollar volume on the TRON network.
Bryan Stone – President of Troptions Corp
Mr. Stone, Entered the Cryptocurrency space 2 yrs ago and has become an expert in purchasing real assets with it. Founder of The Real Estate Connections, he has been building companies for over 38 years, starting with his first at the age of 19.
Mr. Stone built the first indoor skate park in the basement of a mall and was responsible for marketing and promotions. Four years later as the national sales director for a national Distributor, he led the way by introducing sailboards, snowboards, and roller blades, increasing first-year sales to over 3 million dollars. He has bought and sold trucking, limousine, and distributing companies, and has been responsible for sales, marketing, and leadership. He is the co-founder of Road Track, one of the first GPS tracking companies in the country. He also founded Courtland Property Management in 1998 a management company that buys and sells over 120 properties per year as well as managing their portfolio of over 150 properties.
As a public speaker, he holds seminars in real estate as well as other business topics. Mr. Stone sits on the Board of six corporations. He was awarded Businessman of the Year for Georgia in 2002 & 2003 by the Republican Party. He has also been successful in other ventures such as ADVISION USA, a mobile media promotions company. The Real Estate Connections which also has a construction arm along with educating real estate investors, to date “TREC” has over 9500 members nationwide. Mr. Stone Co-host the Cutting-Edge Connection Radio show on iheartradio, iRadionow, and tunein. And The Cryptocurrency Source Radio show on iheartradio, iRadionow, and tunein. In September 2017
Mr. Stone became the President of TROPTIONS CORP to help guide and grow the company, Mr. Stone is considered a Master Negotiator and has brought that talent to his role as President of the Troptions Corp. To date, Mr. Stone has helped increase deal flow to over 3.2 Billion dollars in Transactions on a monthly basis…
Durwood Sutton – Sales and Marketing
Durwood Sutton was born in Wilson, NC and raised in a military environment, relocating many times throughout his childhood. Spending most of his early years residing in Germany, Mr. Sutton became bilingual in German and graduated from a Nuremberg High School, where he also traveled to compete in sports championships. He then joined the US military and remained stationed mostly in Germany. Afterward, he worked into a scaffolding lead position and spent a total of 14 years out of his birth country before returning to the US. Back in the States, Mr. Sutton worked at restaurants, warehouses, military commissaries, hotels, universities, and recovery houses, starting at the most entry-level positions and getting quickly promoted to management, supervisory, and even public spokesman positions – representing the organization on several national television and radio shows. This diverse and commanding background in leadership ultimately brought him to a TROPTIONS event, where he gained an opportunity to work directly with its founding leadership in September of 2017. He quickly became a mentor and prolific salesman for TROPTIONS by mastering the lost art of barter. Mr. Sutton received things like cars, land, gemstones, pearls, ATVs, and even cows in direct trade for TROPTIONS within his first year working with this crypto-asset. He spends most of his time now mentoring others, teaching them to make exchanges for things like multi-million-dollar homes, luxury hotels, and even …an island.
Sophia L. White – V.P. Marketing
Sophia comes to Troptions Corp with her background in Marketing and Television. As the business manager for Steve Harvey, Les Brown and many other high profile talents she is now putting her expertise is helping promote and recruiting other celebrities to join the Troptions Team to get the word out about the King Of Coins
She is known as “The Game Changer”, has earned a stellar reputation as a transformational life expert from some of the most noted standouts in the business. Her strategic approach to helping people “lose weight to gain wealth” has converted thousands from the poverty mindset to power positions. Her knack to unleash the inner power people she encounters transcends what the standard “reach for the stars” mentality has ignited.
While celebrated and trusted by industry experts, Sophia has labored for and with such greats as Steve Harvey and Les Brown. She has now become well recognized as a leader and industry powerhouse. Her IN YOUR FACE message of “power up while your energy breathes”, is one of the most talked-about motivational themes to date. With her uncanny wit and savvy ability to make people laugh while crying through their pain, has catapulted her career to skyrocketing levels. This Game Changer managed to reinvent herself and unleash all of her hidden strengths to empower women to stand up and be counted. In the midst of doing so, she birthed the PRESS movement (Persevere Regardless of Everything Surrounding your Situation). This powerful course is not only changing her generation but it has put a permanent staple in the framework of entrepreneurs up and coming.
She attended the University of Southern Miss, has been married 21 years with 2 spectacular children. Born and raised in Mississippi, later migrating to Atlanta, GA (where she resides today), as a wife, mother, and business mogul. Another title to add is her recognition is the title of Who’s Who top 100 most successful businesswomen. Sophia serves on 9 advisory boards inclusive of Herzing University, Lattimer Lighting, and 7 others.
Her tenured experience of General Manager for Steve Harvey and World Renown Speaker Les Brown enabled her to refine her skills and establish her brand as a business and entrepreneurial mogul. She has been validated by the two as being very instrumental in helping to turn their dreams into the multi-million dollar empires that they both have today. Although this powerhouse holds hundreds of accolades and many titles, her humility remains intact. She cherishes her gift and desires to see the masses changed with a result they will forever be proud of.
Paulson Ambookan, V.P. of Blockchain Technology
Paulson comes to Troptions Corp with a background of blockchain technology and blockchain seminars and education. Paulson heads up the blockchain technology side keeping TROPTIONS on the cutting edge in both blockchain technology and helping to educate the public on the future of TROPTIONS The King Of Coins
Paulson Ambookan is the President and CEO of Blockchain Connex a division of Computer User Inc. Computer User has been a publication and an online blog for more than 35 years of publishing computer technology news and services. He is a seasoned entrepreneur who sits on many advisory boards helping companies for business development, fundraising, and other services. His extensive database and capability to connect have put in a strong position to grow companies. He has completed many summits and conferences across in the “Blockchain” sector and also completed a few “Investor luncheons” to showcase blockchain companies.
Jordan Stone – TROPTIONS Marketing and Ecosystem Director
Over the past 10 years has developed and managed online marketing projects in both real estate and non-real estate genres; responsible for idea creation and turning concepts into projects into revenue.
Jordan’s best quality is identifying target markets to match with investors in order to yield maximum profits based on the level of willingness to accept risk.
Sean “Swift” Walker – TROPTIONS Website Designer and Illustrator
Has been designing websites professionally for over 15 years. And still loves every minute of it.
The fortunate turn of events has to lead me to design websites for such people as TROPTIONS, Accelerated Marketing, and Leading Ventures and Enterprise Matching. To work with people from all over the world is very rewarding. Sweden, Denmark, Germany, USA, and England are some of the countries I have worked with. Well not the country itself, but people living there.
I have successfully been a freelance web designer now for a while and it has given me even more love for this work. I have worked with ad agencies, web developers, diaper makers, pension funds, furniture makers, business women & men, friends & family. I have coded websites with great respect to standards because it makes life easier for everybody. My site even used to validate, honestly!
I have six wonderful kids, Natasha, Tre, Tatyanna, Alana, and Xavier and one lovely high school sweetheart Wendy. I live in Pensacola and work both in my in-laws spare room and at various coffee shops in Pensacola, as well as traveling to my clients HQ to work very closely with the people there. This can be anywhere on this Planet, still waiting for warp technology to develop to go beyond it.
Safia T. Harris – TROPTIONS Technical Advisory
Safia began her career when TROPTIONS as a digital barter dollar. She has worked in companies honing her skill set since that time in the following areas.
Ms. Harris was an Assistant systems administrator and technical support advisor and in the early age of the web, she worked on both website design and Web Master teams as well as website traffic generation.
Her more recent activities in the online sales and management
arena requires writing content copy for landing pages and full websites. Safia develops ad copy and posts to direct traffic through sales funnels, utilizing various social media platforms, SEO and PPC. Her administration of the pay-for-click revenue model and search engine optimization; while managing international marketing campaigns, have made her services most valued.
Terms and Legal
PLEASE CAREFULLY READ THIS SECTION AND THE FOLLOWING SECTIONS ENTITLED “DISCLAIMER OF LIABILITY”, “NO REPRESENTATIONS AND WARRANTIES BY TROPTIONS Troptions Corporation, “REPRESENTATIONS AND WARRANTIES BY YOU”, “CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS”, “NO ADVICE”, “RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION”, “NO OFFER OF SECURITIES OR REGISTRATION” AND “RISKS AND UNCERTAINTIES”. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S). The TROPTIONS Tokens (collectively the “TROPTIONS Tokens”), as defined in the White Paper, is not intended to constitute securities in any jurisdiction. This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. This White Paper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by TROPTIONS to purchase any Token nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or token purchase decision. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of the TROPTIONS Tokens and no cryptocurrency or another form of payment is to be accepted on the basis of this White Paper. Any agreement as between the distributor and you as a purchaser, and in relation to any sale and purchase, of the TROPTIONS Tokens (as referred to in this White Paper) is to be governed by only a separate document setting out the terms and conditions (the “T&Cs”) of such agreement. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail. No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with. TROPTIONS Whitepaper 15 This White Paper, any part thereof or any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this White Paper is prohibited or restricted. No part of this White Paper is to be reproduced, distributed or disseminated without including this section and the following sections entitled “Disclaimer of Liability”, “No Representations and Warranties by TROPTIONS or Troptions Corporation ”, “Representations and Warranties by You”, “Cautionary Note On Forward-Looking Statements”, “No Advice”, “Restrictions On Distribution and Dissemination”, “No Offer of Securities Or Registration” and “Risks and Uncertainties”.
DISCLAIMER OF LIABILITY
To the maximum extent permitted by the applicable laws, regulations, and rules, TROPTIONS or Troptions Corporation and/or its affiliates shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you.
NO REPRESENTATIONS AND WARRANTIES BY
TROPTIONS. The TROPTIONSor Troptions Corporation does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy, and completeness of any of the information set out in this White Paper.
REPRESENTATIONS AND WARRANTIES BY YOU
By accessing and/or accepting possession of any information in this White Paper or such part thereof (as the case may be), you represent and warrant to TROPTIONS and/or its affiliates follows: A. you agree and acknowledge that the TROPTIONS Tokens do not constitute securities in any form in any jurisdiction; B. you agree and acknowledge that this White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or another form of payment is to be accepted on the basis of this White Paper; C. you agree and acknowledge that no regulatory authority has examined or approved of the information set out in this White Paper, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of this White Paper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with; D. you agree and acknowledge that this White Paper, the undertaking and/ or the completion of the Token Sale, or future trading of the TROPTIONS Tokens on any TROPTIONS Whitepaper 16 cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of TROPTIONS, its affiliates, the TROPTIONS Tokens, and the Token Sale; E. the distribution or dissemination of this White Paper, or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to TROPTIONS and/or its affiliates. F. you agree and acknowledge that in the case where you wish to purchase the TROPTIONS Tokens are NOT to be construed, interpreted, classified or treated as: (I.) any kind of currency other than cryptocurrency (II.) debentures, stocks or shares issued by any person or entity (whether TROPTIONS and/or its affiliates), rights, options or derivatives in respect of such debentures, stocks or shares; (III.) units in a collective investment scheme; (IV.) units in a business trust; (V.) derivatives of units in a business trust; or (VI.) any other security or class of securities. G. you have a basic degree of understanding of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology, and smart contract technology; H. you are fully aware and understand that in the case where you wish to purchase the TROPTIONS Tokens, there are risks associated with TROPTIONS and its affiliates, their respective business and operations, the TROPTIONS Tokens, and the Token Sale; I. you agree and acknowledge that neither TROPTIONS, nor its affiliates are liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this White Paper or any part thereof by you; and all of the above representations and warranties are true, complete, accurate and non-misleading from the time of your access to and/ or acceptance of possession this White Paper or any part thereof (as the case may be).
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
This White Paper may contain certain forward-looking statements including, but not limited to, statements as to future operating results and plans that involve risks and uncertainties. We use words such as “expects”, “anticipates”, “believes”, “estimates”, the negative of these terms and similar expressions to identify forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the TROPTIONS and/or its affiliates to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.
No information in this White Paper should be considered to be business, legal, financial or tax advice regarding TROPTIONS, and/or its affiliates, the TROPTIONS Tokens, and the Token Sale. You should consult your own legal, financial, tax or another professional adviser regarding TROPTIONS, and/or its affiliates and their respective businesses and operations, the TROPTIONS Tokens, and the Token Sale. You should be aware that you may be required to bear the financial risk of any purchase of the TROPTIONS Tokens for an indefinite period of time.
RESTRICTIONS OF DISTRIBUTION
The distribution or dissemination of this White Paper or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about and to observe, any restrictions which are applicable to your possession of this White Paper or such part thereof (as the case may be) at your own expense and without liability to TROPTIONS and/or its affiliates. Persons to whom a copy of this White Paper has been distributed or disseminated, provided access to or who otherwise have the White Paper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this White Paper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.
NO OFFER OF SECURITIES OR REGISTRATION
This White Paper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or another form of payment is to be accepted on the basis of this White Paper. Any agreement in relation to any sale and purchase of the TROPTIONS Tokens is to be governed by only the T&Cs of such agreement and no other document. In the event of any inconsistencies between the T&Cs and this White Paper, the former shall prevail. No regulatory authority has examined or approved of any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements or rules have been complied with.
RISKS AND UNCERTAINTIES
Prospective purchasers of the TROPTIONS Tokens should carefully consider and evaluate all risks and uncertainties associated with TROPTIONS, and/or its affiliates and their respective businesses and operations, the TROPTIONSTokens, and the Token Sale, all information set out in this White Paper and the T&Cs prior to any purchase of the TROPTIONS Tokens. If any of such risks and uncertainties develop into actual events, the business, financial condition, results of operations and prospects of TROPTIONS and/or TROPTIONS Whitepaper its affiliates could be materially and adversely affected. In such cases, you may lose all or part of the value of the TROPTIONS Tokens.