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Ledger Nano X - The secure hardware wallet
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Galileo (LEOX) Token Sale Now Live on LCX

8 December 2022
in QNT
Reading Time: 3 mins read
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Galileo (LEOX) Token Sale Now Live on LCX
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Important Disclaimer

Participation in a token sale and trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether participation in this token sale or trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.

You should read the Basic Information and Terms of Token Sale before continuing.

Basic Information according to Art. 33 of the Liechtenstein Blockchain Laws a.k.a. Tokens and TT Service Provider Act (“TVTG”). 

The offering of the LEOX Token (“LEOX” or “Token”) will be carried out by LCX AG (“the Issuer”) on behalf and the account of GALILEO NETWORK LLC, a company incorporated in Saint Vincent and the Grenadines, with the seat and correspondence address at Stoney Ground, Kingstown, St. Vincent and the Grenadines. According to Article 30(c) of the Blockchain Law, LCX – as the Token Issuers – has reported the Token Issuance to the Financial Market Authority (FMA) in advance.

LCX AG is registered as TT Exchange Service Provider, TT Token Depositary, Token Generator, Physical Validator, TT Key Depositary, TT Price Service Provider, TT Identity Service Provider, TT Token Issuer for our own name (Article 12(2) TVTG), and TT Token Issuer for third parties (Article 12(1) TVTG) under the provisions of the TVTG.

Only registered users of the LCX platform are eligible to purchase the Tokens.

The Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Issuer. In particular, restricted jurisdictions are the United States of America and China, further, any US persons are prohibited from participating. 

This content contains forward-looking statements that involve inherent risks and uncertainties, and we might not be able to achieve the predictions, forecasts, projections, and other outcomes we describe or imply in forward-looking statements. A number of important factors could cause results to differ materially from the plans, objectives, expectations, estimates, and intentions Galileo Protocol or LCX express in these forward-looking statements and in other public filings and press releases. Galileo Protocol may not achieve all of the expected benefits of our strategic initiatives and partnerships. Factors beyond their control, including but not limited to the market and economic conditions, changes in laws, rules or regulations, and other market challenges, could limit our ability to achieve some or all of the expected benefits of these initiatives. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Legal Disclosure: LCX is a regulated entity and gained regulatory approvals as a token generator,  token issuer, exchange service provider, price service provider and other legal roles according to the Liechtenstein blockchain act. LCX is acting as a trusted technology service provider for this token sale. LCX and Monty Metzger are closely involved in getting compensation and fees paid in the project token and other assets. From time to time we will engage in transactions of our own tokens.

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