ESTN tokens are not intended to constitute securities in any jurisdiction. This Whitepaper 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 Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the distributor/vendor of ESTN tokens (the “Distributor”) to purchase any ESTN tokens 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 investment. The Distributor will be an afﬁliate of ESTN (“ESTN”) and will deploy all proceeds of the sale of ESTN tokens to fund ESTN's project, businesses, and operations. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of ESTN tokens and no cryptocurrency, or other form of payment is to be accepted on the basis of this Whitepaper. Any agreement as between the Distributor and you as a purchaser, and in relation to any sale and purchase, of ESTN tokens (as referred to in this Whitepaper) 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 Whitepaper, the former shall prevail. No regulatory authority has examined or approved of any of the information set out in this Whitepaper. 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 Whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with. There are risks and uncertainties associated with ESTN and/or the Distributor and their respective businesses and operations, ESTN tokens, the ESTN Initial Token Sale and the ESTN Wallet (each as referred to in this Whitepaper).