1. Introduction

These terms and conditions ("Terms") govern the use of Quorium QGOLD, a digital stablecoin that is backed by gold bullion and in-ground gold deposits ("QGOLD"). By using QGOLD, you agree to be bound by these Terms.
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2. Ownership

QGOLD is owned and operated by Quorium. The gold bullion and in-ground gold deposits that back QGOLD are held in secure storage facilities and mining sites operated by Quorium.
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3. Use of QGOLD

QGOLD can be used for transactions, investments, and as a store of value. It is intended to be a stablecoin that maintains a consistent value relative to the price of gold.

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4. Redemption

QGOLD can be redeemed for physical gold bullion or fiat currency at Quorium's discretion. Redemption may be subject to fees and restrictions.

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5. Risks

Investing in QGOLD involves certain risks, including but not limited to fluctuations in the price of gold, potential regulatory changes, and technical failures. By using QGOLD, youacknowledge and accept these risks.

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6. Disclaimer of Liability

Quorium is not liable for any damages or losses arising from the use of QGOLD, including but not limited to any direct, indirect, incidental, or consequential damages.

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7. Termination

Quorium may terminate or suspend the use of QGOLD at any time, for any reason. In the event of termination, QGOLD holders will be notified and given the opportunity to redeem their holdings.

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8. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Quorium is located.

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9. Changes to Terms

Quorium reserves the right to modify these Terms at any time, without prior notice. It is the responsibility of QGOLD holders to regularly review these Terms for updates.

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10. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

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By using QGOLD, you agree to these Terms and any additional terms that may be imposed by Quorium.
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IMPORTANT CONSIDERATIONS

Please read this section carefully. It contains important information about the nature, purpose, and limitations of this whitepaper as well as what you acknowledge, accept, and agree to should you choose to read this whitepaper.

This whitepaper has been prepared by and for the benefit of Quorium Global B.V., using the tradename Quorium, and any affiliate or related entity of Quorium, and any natural or legal person or entity associated with any of them (collectively, Quorium Associates).

This whitepaper is confidential and by accepting delivery of this document, you agree to keep confidential all information contained herein. This whitepaper is a marketing document and is not intended to be legally binding. It is also not a representation or warranty of any kind by any Quorium Associate including about any Quorium Associate, the Quorium tokens (QGoldtokens or otherwise), or any services, products, or operations of any Quorium Associate. The information in this whitepaper does not constitute an encouragement, inducement, advice, or a recommendation by any person to purchase the QGold tokens or any other cryptographic token or currency, and neither Quorium nor any Quorium Associate has authorized any person to make any such encouragement, inducement, advice, or recommendation.

Nothing in this whitepaper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction.

Any offer or sale of QGold tokens or any related instrument will occur only on Quorium'sterms of sale and service, which are available (as at the date of this whitepaper) at quorium.io/legal (the Terms) and may be withdrawn or modified at any time.

Interested parties should, amongst other things, conduct their own investigations and analysis of Quorium and QGold tokens and seek further information and professional advice as to their use and value. In particular, persons contemplating purchasing QGold tokens should review the Terms, including the risk disclosure statement referenced in, and forming a part of the Terms.

The Terms will apply to purchasers regardless of whether they purchase QGold tokens directly from Quorium or in a secondary market transaction.

Restricted Persons. The sale of QGold tokens is not directed at, and each purchaser of QGoldtokens will be required to represent, among other things, that they are not: (a) a citizen, resident (tax or otherwise) of, a person located or domiciled in, or any entity organized in or owned by certain persons in (i) the United States, or (ii) Cuba, Democratic People’s Republic of Korea (North Korea), the Government of Venezuela, Iran, Pakistan, Syria, or Crimea (a region of Ukraine annexed by the Russian Federation); (b) a person under the age of 18 years, and (c) any other persons who are "Prohibited Persons" as defined in the Terms (any such person falling under (a), (b), or (c), a Restricted Person).

You must make your own assessment as to your ability to purchase QGold tokens pursuant to laws applicable to you and to confirm that you are not a Restricted Person. No registration or other action has been or will be taken in any jurisdiction that would, or is intended to, permit the sale of QGold tokens in any country or jurisdiction where registration or other action for that purpose is required. None of Quorium or any Quorium Associate makes any representation or warranty to any potential purchaser