Disclaimer
IMPORTANT NOTICE
PLEASE READ THIS ENTIRE SECTION AND DO NOT TAKE ANY ACTIONS UNTIL YOU FINISH IT. THIS WHITE
PAPER IS A SUMMARY OF SWACE BUSINESS MODEL, TECHNOLOGY, AND BRIEF INTRODUCTION TO
SWACE PRINCIPLES. PLEASE CONSULT YOUR LEGAL, FINANCIAL, TAX AND OTHER PROFESSIONAL
ADVISOR(S) BEFORE ACQUIRING SWACE TOKENS.
This white paper aims to introduce the Swace project and team, describe in detail the Swace app, and
invite people to join Swace as users, not as investors. It does not consttute or relate in any way nor should
it be considered as an ofering of securites in any jurisdicton, especially USA. We have a MVP; we do not
promote Swace tokens for investment or speculatve purposes; we ofer a means of payment for services
available on the Swace ecosystem. Acquiring Swace tokens shall not grant any right or infuence over the
Swace company or its decisions, however, it will grant you a right to partcipate in games and purchase our
partners' goods. In Lithuania the ofering of tokens on a trading platform does not change the legal
qualifcaton of the tokens, so we do not see a reason why any regulator of any country should treat our
tokens as a security. Therefore, this white paper cannot consttute a prospectus or ofer document for
investment in securites. However, please take into consideraton that if under any jurisdicton Swace
tokens are recognized as a security, we reserve the right to unilaterally decide to make a refund in order to
ensure that no damage was incurred and no rights were breached. The Swace company is not a fnancial
intermediary according to Lithuanian law, is not a regulated person of any kind, nor is subject to Ant
Money Laundering law, yet we will nevertheless perform KYC procedures because we want to know our
community members.
Regulatory authorites are carefully scrutnizing businesses and operatons associated with
cryptocurrencies in the world. In that respect, regulatory measures, investgatons or actons may impact
the Swace company's business and even limit or prevent it from developing its operatons in the future.
Any person undertaking to acquire Swace tokens must be aware that the Swace business model, the white
paper or Terms & Conditons may change or need to be modifed because of new regulatory and
compliance requirements from any applicable laws in any jurisdictons. In such a case, purchasers and
anyone undertaking to acquire Swace tokens acknowledge and understand that neither the Swace
company nor any of its afliates shall be held liable for any direct or indirect loss or damage caused by such
changes.
While the Swace company will do its utmost to launch and to achieve the milestones set in the roadmap, it
does not provide any guarantee that it will manage to achieve this. Therefore, the contributors
acknowledge and understand that the Swace company (incl. its bodies and employees) assumes no liability
or responsibility for any loss or damage that could occur due to the incapacity to use Swace tokens,
except in case of intentonal misconduct or gross negligence.
Glossary
Swace
Swace represents a new generaton of
rewarding social gaming platform. It is a
game-based app which enables users to
engage with brands and be rewarded for
completng a variety of tasks. The app
involves a token economy.
Swacing
Being a true Swacer, daring to make a
change in your life by taking part in social
games, sharing and socializing, engaging
with brands and other users and being
rewarded for it all.
Swace coin
The Swace currency. It is used within the app
to enter social games, as rewards for likes
and votes, as gifts to friends, to swap for
goods or services ofered by partners, etc.
For winning a social game or partcipatng,
users earn Swace tokens. Brands purchase
Swace tokens in order to set their game.
Swace Swap
The place to buy and sell Swace Coins.
Swacer
An individual who has adopted the Swace
lifestyle and is already enjoying the
adventure that it represents.
Engagement scenarios
Swace ofers several types of engagement
scenarios based on blockchain technology.
Anyone can use the preconfgured frames
in order to create a game following a set of
rules. Engagement scenarios are constantly
updated.
Swace wallet
The personal wallet of a Swace ecosystem
member. It only stores Swace coins and all
of its operatons history is recorded in the
blockchain. Coin purchases, transfers from
other Swacers, and rewards arrive to the
wallet.