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Esync Whitepaper

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bayzidrayhan007
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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eSync Network V1

Unleashing Real-World Blockchain


Solutions
Whitepaper V1
28 March 2024
V 1 .3

esync.network
DISCLAIMER

This document and all information and declarations contained herein, even if made at
presentations or events, are intended for technical presentation purposes only and are not
final. It is not the final version of this document, which means that no rights or obligations of
any kind may be implied or construed from this version of the document. No person should
rely on the contents of this document as final, as they are subject to change at any time.

THIS DOCUMENT OR ANY INFORMATION CONTAINED HEREIN MUST NOT BE


CONSTRUED AS A PROSPECTUS PURSUANT TO THE EUROPEAN PROSPECTUS
REGULATION 2017/1129 AND/OR ANY OTHER TYPE OF OFFERING DOCUMENT
ACCORDING TO ANY OTHER POTENTIALLY APPLICABLE LAWS AND REGULATIONS.

Please carefully read the legal notes and disclaimers at the end of this document.

ii esync.network
Table of Contents
DISCLAIMER .......................................................................................................................................... ii
Table of Contents ................................................................................................................................. 0
1 Introduction .................................................................................................................................... 1
1.1 Our Mission ................................................................................................................................. 1
1.2 Our Value ................................................................................................................................ 1
2 Real World Use Cases................................................................................................................... 3
2.1 Project Highlights.................................................................................................................. 3
eCredits .......................................................................................................................................... 3
Rocksolid Estate AG ..................................................................................................................... 4
Habsburg Gemstone .................................................................................................................... 4
2.2 Potential Use Cases.............................................................................................................. 5
3 Technical Discussion..................................................................................................................... 9
3.1 Decentralized Governance.................................................................................................. 9
3.2 Consensus ............................................................................................................................10
3.3 Nodes and Validation (Post PoS Switch)........................................................................... 11
3.4 Gas Fees ............................................................................................................................... 12
4 Tokenomics V2 (The Burn) ........................................................................................................ 13
4.1 V1 Token Distribution........................................................................................................... 13
4.2 The Burn ................................................................................................................................ 14
4.3 Project’s Treasury Allocations............................................................................................ 15
5 Disclaimer ...................................................................................................................................... 16
5.1 Responsibilities of the User ................................................................................................ 18

esync.network
1 Introduction

eSync Network emerges as a pioneering Layer 1 Blockchain, meticulously crafted to bridge


the gap between the theoretical potential of Web3 projects and their practical
implementation in the real world.

More than just a technological innovation, eSync Network serves as a testament to the
seamless integration of advanced blockchain technology into everyday life. Anchored by the
robust Ethereum Virtual Machine (EVM) framework, our platform provides fertile ground for
innovation across diverse sectors.

1.1 Our Mission

Our mission is to unlock the full potential of blockchain technology, making it accessible and
beneficial for industries and communities worldwide. With a focus on tangible use cases,
eSync Network is poised to revolutionize how businesses and individuals engage with
blockchain technology, prioritizing security, efficiency, and scalability.

Join us on this transformative journey as we reshape the landscape of modern technology,


bringing the future of blockchain into today's world.

1.2 Our Value

Real-World Integration
We specialize in transforming blockchain from a theoretical concept into a practical, everyday
tool, focusing on solving real-world challenges across various sectors and we move beyond
ideation to a proven track record to show for.

Made in EU
Developed in the EU with the European regulatory landscape in mind. A perfect fit for the
projects following the highest EU regulatory and compliance standards.

1 esync.network
EVM Compatibility
Our platform, built on the robust Ethereum Virtual Machine (EVM) framework, offers wide
compatibility with existing blockchain platforms, fostering innovation and flexibility.

Cheap and Fast Transactions


The eSync Network enables swift transactions with affordable fees, leveraging Ethereum
technology to broaden blockchain use cases for a diverse user base.

Scalability and Efficiency


Designed for high performance, eSync Network guarantees scalability and efficiency, capable
of supporting growing business demands without compromising on speed or security.

Enhanced Security and Reliability


Security is paramount in our environment. We provide a highly secure and reliable blockchain
platform, ensuring the safety and integrity of our users' operations.

User-Centric Design
eSync Network is crafted for accessibility and ease of use, making blockchain technology
approachable for all, while maintaining advanced capabilities.

Cross-Industry Innovation
Our adaptable technology offers cutting-edge solutions for diverse industries, from finance
to hospitality, to retail and more.

Strong Community and Expert Support


We are committed to nurturing a vibrant, active, and real community, backed by expert
support and resources.

Our focus on practical, on-chain use cases ensures that our blockchain and business model
remain market and cycle agnostic. This is because we concentrate on everyday projects that
are used by everyday people for everyday solutions.

2 esync.network
2 Real World Use Cases

How we bridge the gap between Web3 projects and everyday life.

2.1 Project Highlights

eCredits
eCredits is a brand that encapsulates a dynamic ecosystem, serving as both a cryptocurrency
and the collective sum of applications within its expansive network. This includes key features
like the eCredits Wallet App, the native cryptocurrency – eCredits (ECS), and the native
reward token – eActivity (ACT), along with additional software and services from third-party
contributors.

Built upon our eSync Network blockchain, the eCredits Ecosystem thrives on openness and
decentralization. The eSync Network brings unique features to the forefront, including the
native cryptocurrency (referred to as "ECS"), accessible to individuals worldwide without
constraints.

The eCredits Wallet App is a non-custodial wallet that facilitates quick access to ECS and
other cryptocurrencies. Core features include non-custodial storage, HD wallet functionality,
eSync Network interaction, a map of ECS-accepting businesses, fast transactions, an ACT
reward system, third-party cashback, and integration with various services.

Other eSync Network-powered eCredits applications include (1) the eCredits Web Portal, a
web application, allowing Merchants, Members and Consumers to access a variety of user-
centric features; (2) eCredits-custom public API that allows online stores to easily integrate
ECS into their system; (3) a Web Widget, so that ECS can seamlessly be integrated into
popular e-commerce applications such as Adobe Commerce, PrestaShop and
WooCommerce.

Explore more: https://ecredits.com/

3 esync.network
Rocksolid Estate AG
Rocksolid Estate AG’s ROC Token (ROC) is a real-estate backed digital security token issued
on the eSync Network.

Rocksolid Estate AG is a real estate management company that, through this collaboration,
enables users to own tokenized participation rights, with a profit-sharing mechanism that
aligns with its ventures. Subject to the ROC Token T&C document, investors can receive
monthly payouts without the capital requirements that come with traditional real estate
investing.

Rocksolid also offers a secure and fully regulated investment opportunity, in partnership with
Equito, a MiFID II regulated broker. Investors also get voting rights to shape corporate
decisions and can choose to invest in traditional real estate holdings or explore green energy
initiatives like solar power plants.

Together with eSync Network, Rocksolid and the ROC Token bring unprecedented
accessibility to real estate investments.

Explore more: https://rocksolidestate.com/en/

Habsburg Gemstone
The Natural Gem tokenized its €5 million Royal Portfolio on the eSync Network, and in the
process introduced the Habsburg Gemstone Token (GEM) backed by real, untreated, color
gemstones. This is the world’s first 100% tokenized portfolio of exclusive, curated gemstones
and jewelry!

What's in the Royal Portfolio? Emerald (€274,000) and ruby (€815,000) necklaces, a
Kashmir sapphire (€1 million), and many other precious gems. Users can invest in this portfolio
through the Habsburg Gemstone Token on the eSync Network blockchain.

Explore more: https://www.habsburgfinearts.com

4 esync.network
2.2 Potential Use Cases

Capital Markets – Already in our portfolio! See: Cryptix Tokenization


Unlock a dynamic secondary market, foster fractional ownership, diversify portfolios, and en-
hance liquidity. Web3 streamlines transactions, offering diverse investors access to high-
value assets through innovative avenues.

Real-World Assets – Already in our portfolio!


See: Rocksolid Estate AG (tokenized participation rights)
Break barriers for individual investors. In Real Estate, Web3 streamlines transactions and
boosts liquidity. In Trade Finance, it ensures transparency, security, and operational effi-
ciency.

Natively Digital Assets


Tokenization democratizes digital art access, expands markets, and ensures authenticity. In
gaming, it establishes true asset ownership, interoperability, and enhances monetization op-
portunities for creators.

Certifications and Licenses


By blending with Web3, educational credentials gain secure verification, ease of access, and
lifelong portfolios. Intellectual Property Management sees efficient rights handling, direct
monetization, and global reach.

Supply Chain Optimization


Enable real-time tracking for enhanced transparency, counterfeit prevention, efficient inven-
tory management, and data-driven insights, optimize operations and predict market trends.

Fractional Ownership of Renewable Energy Assets


Democratize investment, lower barriers, and foster community engagement. Increase fund-
ing for green energy, enable revenue generation for asset owners and promote sustainabil-
ity.

Data Monetization and Privacy Control


Empower individuals, provide control over personal data, monetize opportunities, preserve
privacy through blockchain, and foster trust with transparent and secure records.

5 esync.network
Voting Systems and Governance – Already in our portfolio! See: The People’s SCE
Revolutionize election integrity through secure blockchain technology, foster increased voter
participation and decentralize decision-making. Trust and accountability improve with verifia-
ble and immutable voting records.

Carbon Credits and Environmental Markets


Incentivize emission reductions and align with climate goals. Tokenization lowers entry barri-
ers, enhancing transparency, and accountability. It facilitates funding for green initiatives
through accessible carbon market participation.

Decentralized Insurance (DeFi) Models


Innovate with peer-to-peer risk sharing, customize products, reduce operational costs, and
enhance accessibility. Tokenization broadens access to insurance, especially in underserved
regions.

Retail – Already in our portfolio! See: eCredits


Tokenized loyalty programs in retail enhance customer engagement with flexible rewards.
Tokenization aids dynamic pricing, inventory management, and supply chain transparency for
resource efficiency, security, and individual data control.

Healthcare
Ensure secure medical records, foster efficient data sharing for better treatment, and accel-
erate research participation through token rewards. Decentralized healthcare services en-
hance accessibility, particularly in remote areas.

Finance
Optimize global trade finance by digitizing documents and accelerating cross-border transac-
tions. Automated debt instruments revolutionize issuance and trading, improving efficiency,
transparency, and liquidity.

Energy
Tokenized carbon credits incentivize emission reductions with simplified and transparent
trading. Tokenization fosters peer-to-peer energy trading, optimizing renewable energy dis-
tribution, reducing grid dependency, and promoting clean energy sources.

Media and Entertainment


Tokenized films, TV shows, and media projects provide new funding avenues and revenue-

6 esync.network
sharing opportunities. Tokenized music rights empower artists with control over earnings and
fan support.

Gaming and Metaverse


Tokenized virtual assets transform ownership, trading, and value, extending to economic
models, creating virtual economies across various digital experiences, and securing digital
identities and reputations.

Education and Research


Tokenized credentials ensure authenticity and simplify validation. Tokenization can innovate
research funding, allowing researchers to issue tokens for project funding, providing donors
with stakes in outcomes or future revenues.

Luxury Goods
Enable fractional ownership of yachts, private jets, and artworks, making high-value assets ac-
cessible. Tokenization enhances liquidity, creates a dynamic market, and ensures secure,
transparent ownership records with blockchain.

Debt Funds
Convert shares into digital tokens for simplified investment, boost accessibility, enhance li-
quidity, and automate management, streamlining interest payments and increasing opera-
tional efficiency.

Private Equity Funds


Democratize investments with tokenization, welcoming smaller investors. Improved liquidity
transforms traditionally illiquid private equity investments, and blockchain ensures transparent
and efficient fund management, fostering trust.

Alternative Assets
Offer fractional ownership of unique items like art and antiques. Tokenization broadens the
market, increasing liquidity and valuation, while ensuring authenticity and transparent owner-
ship history.

Private Credit Opportunities


Grant direct investor access to markets dominated by institutions. Increased transparency
enhances risk understanding, and improved liquidity and diversification elevate investment
portfolios.

7 esync.network
Sovereign Debt Funds
Open to wider investor participation, breaking entry barriers. Streamlined trading processes
enhance efficiency, while improved transparency aids in better risk assessment and manage-
ment.

VC Funds
Make venture capital investments accessible to a broader range of investors, enable real-time
valuation and enhance liquidity. Automated fund management streamlines operations, re-
duces costs and improves efficiency.

Gems and Precious Metals – Already in our portfolio! See: Habsburg Gemstone
Digitize ownership of precious metals, such as gold, silver and platinum, and gemstones,
boosting accessibility and market liquidity. Real-time pricing enhances investment decisions,
while secure and efficient trading prevails on diverse platforms.

8 esync.network
3 Technical Discussion

The eSync Network is built upon the industry-standard Ethereum, initially adopting a Proof-
of-Authority (PoA) consensus mechanism with a 5-second block time. In a significant stride
forward, the eSync Network plans to transition to a Proof-of-Stake (PoS) consensus
mechanism to enhance security, scalability, decentralization, and energy efficiency across the
blockchain.

Notably, eSync Network seamlessly integrates with Ethereum and the Ethereum Virtual
Machine (EVM), ensuring full compatibility for interoperability. This means that solutions,
tokens, and Smart Contracts designed for Ethereum and the EVM can effortlessly operate on
the eSync Network.

Since its 2015 launch, Ethereum stands as the foremost and resilient global blockchain,
pioneering the generic smart contract platform. As a benchmark, it boasts the largest smart
contract community, featuring diverse projects, stable coins, and active development. Its
standout developer tooling includes libraries, support for Solidity and Vyper languages, and
comprehensive smart contract development tools. The Ethereum community has
contributed various wallets, block explorers, and essential resources.

3.1 Decentralized Governance

The eSync Network is built upon the robust Ethereum protocol, a well-established open
source blockchain technology. Having been adopted and extended, this technology serves as
an ideal foundation for cultivating a rapidly expanding ecosystem.

While decentralization is a pivotal attribute of blockchain, this technology offers additional


advantages:

• Security: Hacking a decentralized system is a greater challenge due to the absence of


a single point of failure.
• Resilience: Decentralized systems thrive independently, free from the need for a
central entity to oversee or administer them, showcasing resilience and autonomy.
• Zero-Trust: Users place their trust solely in the technology rather than a central entity
or organization, benefiting from openness, transparency, and auditability.
• Transparency: Every transaction on the blockchain is both verifiable and immutable,
fostering heightened trust in the system.

9 esync.network
Achieving sufficient decentralization in the eSync Network involves numerous independent
participants running Nodes, verifying, and synchronizing the blockchain. Determining the
exact decentralization threshold and the number of nodes required is challenging.
Additionally, the power of each participant must be considered to ensure system-wide
consensus for any changes. The eSync Network employs innovative technological and
organizational approaches to establish decentralized governance, preserving the system's
resilience and integrity.

3.2 Consensus

In its initial stages, the eSync Network adopted the Proof-of-Authority (PoA) consensus
mechanism, leveraging its inherent advantages. This strategic choice allows the network to
initiate with fewer nodes, minimizing susceptibility to malicious actors. The decision aligns with
the core objective of rapidly decentralizing the eSync Network, mitigating single-point-of-
failure risks, and solidifying trust in the ecosystem.

Prior to the eSync Network's launch with PoA, a planned transition to Proof-of-Stake (PoS)
was envisioned, contingent on the live implementation and thorough testing of Ethereum 2.0.
Alongside the evolution from the "eCredits Blockchain" to the "eSync Network," the eSync
Network plans to shift to PoS consensus algorithm to further strengthened the eSync
Network's autonomy since, unlike other alternatives, PoS works with Ethereum – which is what
the eSync Network is built upon – offering more decentralization scalability than ever before.

PoS, a consensus algorithm hinging on a validator's stake in the network, significantly


improves energy efficiency compared to Proof-of-Work (PoW). It expedites
decentralization, allowing validators to join by providing the required stake. PoS incorporates
a "slashing" mechanism, penalizing malicious validators by reducing their staked funds until
they are excluded from the network. While PoS carries a potential centralization risk,
mitigated by the eSync Network's tailored parameters and ECS Tokenomics, it stands out as
an alternative to PoA, offering high transaction throughput and energy efficiency.

In summary, the planned adoption of the PoS consensus mechanism will reinforce the eSync
Network's commitment to efficiency, security, and enhanced decentralization.

10 esync.network
3.3 Nodes and Validation (Post PoS Switch)

To make the eSync Network secure, its integrity needs to be ensured by different
participants, the so-called “node operators”. These node operators will implement the
planned PoS consensus method by verifying transactions and keeping the ledger up to date
across the network. This is also important for the governance of the eSync Network.

• Stake Size: PoS relies on validators, to propose and validate new blocks based on the
amount of cryptocurrency they hold, commonly referred to as their stake. The stake
size parameter on eSync Network determines the minimum amount of
cryptocurrency required for an entity to participate in the consensus process. A higher
stake size typically increases the probability of being chosen as a validator, thereby
influencing the level of participation and security within the network.
• Validator Selection: The process of selecting validators in eSync Network is a crucial
aspect of the PoS mechanism. Validators are chosen to propose and validate blocks
based on their stake size and, in some cases, through a deterministic or randomized
selection algorithm. This chapter outlines the specific algorithm used on eSync
Network, ensuring fairness, and preventing centralization.
• Block Creation: Validators in the PoS system play a pivotal role in proposing and
validating new blocks. This section elucidates how the block creation process occurs
on eSync Network. Validators are responsible for proposing new blocks, and their
proposals are then verified by the network. The mechanisms ensuring the integrity of
proposed blocks and the subsequent consensus process are discussed in detail.
• Block Finality: Finality in a PoS-based system signifies the irreversible confirmation of
a block, indicating that it is accepted by the network. This chapter explains how eSync
Network achieves block finality, ensuring that once a block is confirmed, it cannot be
revoked. The robustness of this finality mechanism adds an additional layer of security
and certainty to the blockchain.
• Consensus Mechanism Security: Security is paramount in any blockchain system. This
section outlines the security features embedded in eSync Network's PoS
implementation. It discusses strategies to mitigate various attack vectors, including
the prevention of double-spending, Sybil attacks, and other malicious activities. The
aim is to instill confidence in participants regarding the integrity and security of the
consensus mechanism.

These parameters collectively define the operational characteristics of the planned PoS
consensus mechanism on eSync Network. Stake size, validator selection, block creation, block

11 esync.network
finality, and security measures are intricately designed to create a robust and secure
decentralized network, fostering trust among participants, and contributing to the overall
success of the blockchain.

Whereas the current PoA configuration admits new validators by voting, PoS promises to cast
a wider net, allowing more validators to stake their ECS and join the network, creating more
decentralization – and more trust – in the process.

For eSync Network, the required stake per Validator will start at a relatively low 256 ECS. The
new consensus will also enable the running of multiple validators on a single machine, with a
default support of 128, 256 or 512 validators per machine.

Operating within the PoS framework, validators will be able to earn transaction fees and
receive staking rewards as well. Transaction fees will remain unchanged, although the staking
rewards will be 1 ECS per block. Validators will therefore receive 1 ECS per block that you
validate plus the transaction fees of all transactions within the block. The more validators, the
less the chance that your validator will validate the block. Initially forecast annual returns per
validator, sans transaction fees, is:

• 21.95% for 50K Validators in the network


• 9.82% for 250K Validators in the network
• 4.91% for 1 million validators in the network.

3.4 Gas Fees

Gas fees are being distributed to Validator Nodes as a reward for confirming transactions and
providing additional security to the blockchain. As opposed to other blockchain protocols, the
transaction fees on the eSync Network are intended as a percentage value instead of an
absolute value. However, this is not implemented on the blockchain protocol itself (i.e. on a
technical level) but is rather a suggestion to all providers of wallets.

The goals of this approach are the following:

• Introduce a fairer ranking for transactions to be mined


• Generally lowering transaction costs due to removal of the bidding mechanic of gas
fees (usually, in unequal conventional blockchains faster transactions cost more gas)
• Reducing the impact and the concern about increasing gas fees

These measures are the manifestation of the eSync Network paradigms, effectively creating
a more democratic and equal transaction system for everyone.

12 esync.network
4 Tokenomics V2 (The Burn)

Tokenomics V1
Initial tokenomics right before the burn

A # of ECS
Circulating Supply 3.850.044.383,28
Project Treasury 17.035.748.455,69
Total Current Supply 63.000.000.000

Tokenomics V2
Tokenomics right after the burn

A # of ECS % of Supply
Circulating Supply 1.973.198.615,53 18,66%
Project Treasury 8.600.000.000,00 81,33%
Total Supply 10.574.198.615,53 100%

Burn 52.425.801.384,47 83% of total V1 Supply

4.1 V1 Token Distribution

The maximum total supply of ECS is limited to 63,000,000,000 units.

Circulating Supply

ECS's circulating supply, comprising 18% of the total tokens, is actively tradable on exchanges.
To distribute ECS, third-party exchanges like Blocktrade facilitate accessibility, ensuring a
broader reach, particularly within the EU. These chosen exchanges must emphasize
technological openness for seamless integration, promoting wider ECS adoption.

ECS is tradeable on exchanges like Blocktrade, Bit2Me and Bitrue.

13 esync.network
4.2 The Burn

With the ongoing evolution of the chain, the original tokenomics was restructured, affecting
how tokens are minted, distributed, and, most importantly, burned.

The eCredits coin has thus undergone a substantial modification that affected the overall
ecosystem's economic model. The burn represents a considerable reduction in ECS supply,
which has advantages far surpassing its costs. By slashing the ECS token supply, the eSync
Network reduced inflation, enhanced scarcity, and bolstered the value of the ecosystem. This
strategic move was a tool through which the foundation for sustained growth has been laid
down, fostering a healthier economic environment.

The burn occurred March 20, 2024, at 1 PM (CET).

Burn Highlights:

• 1.88 billion ECS were burned from the circulating supply.


• An additional 8.4 billion ECS from project treasury were also burned.
• 42 billion of ACT Swap funds were burned.
• The Token Loss Dynamic Reweighting (TLDR) accounts for 52.4 billion ECS,
constituting 83% of the total ECS supply to be burned.
• There is a provision for burning an extra 0.9 billion ECS, which represents 8.57% of the
relevant amount. 8,4 billion ECS burned from project treasury.

Current UOM Burn UOM Future UOM % of total


Circulating
3.850.044.383,28 ECS 1.876.845.767,75 ECS 1.973.198.615,53 ECS 18,66%
Supply
Project
17.035.748.455,69ECS 8.435.748.455,69 ECS 8.600.000.000,00ECS 81,33%
Funds
ACT Swap
42.114.207.161,03 ECS 42.113.207.161,03 ECS 1.000.000,00 ECS 0%
Funds
Total Cur-
rent Sup- 63.000.000.000 ECS 10.574.198.615,53 ECS 100%
ply
TLDR 52.425.801.384,47ECS

***The displayed numbers showcase the exact values right before and right after the burn

14 esync.network
4.3 Project’s Treasury Allocations

20%

48%
15%

3%
10%
2.50% 1.50%

Funds for private sale Funds for Ecosystem grants Funds for Community sale
Core Contributors Airdrop and early backers Community Pool
Remaining for allocation

15 esync.network
5 Disclaimer

Legal Restrictions
This document and all information and statements herein are specifically not directed at per-
sons, who have the nationality and/or residency and/or registered offices in a jurisdiction,
where the distribution and/or registration of the eSync Network or ECS might be restricted
and/or forbidden or subject to any prior regulatory authorizations. It is the primary and sole
responsibility of each interested party to inquire whether such restrictions are applicable
based on their nationality and/or residency and/or registered office regarding the potential
use of the eSync Network or ECS.

No Offer
This document and all information and statements herein are solely for presentational pur-
poses and do neither constitute a prospectus or any type of offering document. None of the
information or analyses presented herein are intended to form the basis for any investment
decision, and no specific recommendations are intended. Accordingly, this presentation does
not constitute investment advice or counsel or solicitation for investment in any type of in-
strument or asset.

This presentation does not constitute or form part of, and should not be construed as, any of-
fer for sale or subscription of, or any invitation to offer to buy or subscribe for, any instrument
or asset, nor should it or any part of it form the basis of, or be relied on in any connection with,
any contract or commitment whatsoever.

The People’s SCE, the decentrally governed organization (DGO), herein referred to as the
“DGO”, expressly disclaims any and all responsibility for any direct or consequential loss or
damage of any kind whatsoever arising directly or indirectly from: (i) the use of this presenta-
tion, (ii) reliance on any information contained herein, (iii) any error, omission or inaccuracy in
any such information or (iv) any action resulting therefrom. Furthermore, this document nei-
ther forms an underwriting to a transaction, a solicitation of any legal business relationship nor
an investment recommendation or advice. In addition, this document does not constitute any
kind of decision support for legal, tax or any other required consultancy services. No invest-
ment decision should be made upon the information received herein.

No Advice
This document and all information and statements herein do not constitute or form part of
any opinion on any advice to sell, or any solicitation of any offer to purchase or use ECS or the

16 esync.network
eSync Network 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 decision. Neither this document
nor any information or statement contained herein should be investment, business, legal, fi-
nancial or tax advice. Each interested person should consult its own legal, financial, tax or
other professional adviser.

No representation or warranty
This document and all information and statements herein, even if made during presentations
or events, are solely to be considered for technical presentation purposes only. Due diligence
and care have been applied in the production of this documentation. However, no represen-
tation or warranty (neither implicitly nor explicitly) is given as to the accuracy, completeness,
or correctness of the published information and/or the features therein (e.g., calculations or
technical specifications).

The DGO, its affiliates and its partners give no guarantees as to the value of any of the
crypto-assets (including but not limited to ECS token) on the possible secondary markets and
explicitly give no warranties as to the suitability of the ECSs and/or other crypto-assets to an-
yone and assume no liabilities thereof.

The DGO, its affiliates and partners give no warranties to the implementation of the eSync
Network project plan, price, or liquidity of the ECS token, or other tokens on the eSync Net-
work, and make no warranties to the suitability of the ECS and/ or crypto assets to anyone
and assume no liabilities thereof.

The DGO, its affiliates and partners, their representatives and employees expressly disclaim
all liabilities for any direct or consequential loss or damage of any kind whatsoever arising di-
rectly or indirectly from reliance on any information, products or services contained in any
materials and documentation in any form, presented herein, including any error, omission or
inaccuracy in any such information or any action resulting therefrom, or acquisition or usage
of the services accessible within the eSync Network Ecosystem.

No representation is made regarding the legal, accounting, regulatory, or tax treatment of


crypto assets in any jurisdiction relevant to a interested persons of this presentation. Use of
the eSync Network features is at sole risk of individual user and the entire risk as to satisfac-
tory quality, performance, accuracy, and effort is with individual user. To the maximum extent
permitted by applicable law, the eSync Network and integrated features accessible therein
and any associated services performed or provided within the eSync Network ("services") are

17 esync.network
provided "as is" and “as available”, and without warranty of any kind, and DGO, its partners and
its licensors hereby disclaim all warranties and conditions with respect to the eSync Network,
any of its features and any services accessible therein, either express, implied or statutory, in-
cluding, but not limited to, the implied warranties and/or conditions of merchantability, of sat-
isfactory quality, of fitness for a particular purpose, of accuracy, and non-infringement of
third-party rights. The eSync Network provider does not warrant against any interference
with eSync Network features, that the functions contained in, or services performed or pro-
vided by, the eSync Network features will meet a user’s requirements, that the operation of
the eSync Network, or other features or services will be uninterrupted or error-free, or that
defects in the eSync Network or services will be corrected or maintained.

Users acknowledge that the eSync Network and integrated systems may not be free of errors
or bugs. Users further acknowledge that events beyond the DGO, the DGO’s subsidiaries and
affiliates reasonable control may affect, limit, or prevent the use or access to the eSync Net-
work whether temporarily or permanently.

5.1 Responsibilities of the User

The intellectual property rights in this whitepaper and the materials on or accessible via it
belong to the DGO, its affiliates or its licensors. This whitepaper and the materials contained
therein and the intellectual property rights associated thereof may not be copied, distributed,
published, licensed, used or reproduced in any way (save to the extent strictly necessary for,
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