AWA C O I N W H I T E PA P E R

DEVELOPED BY AWA WELLNESS DEVELOPMENTS

PANAMA, NOVEMBER 14, 2021 / VERSION 1.1

AWACOIN.IO
AWESOME
PLACE

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AWACOIN.IO
 CONTENT

ABSTRACT 4

AWA K E D E V E L O P M E N T 8

AWA K E E C O S Y ST E M 11

AWA C O I N ( AWA ) 12

A W A K E P R O P E R T Y N F Ts 14

A W A K E A M E N I T Y N F Ts 19

AWA C A S H 20

P R O P E R T Y T O K E N I Z AT I O N 21

B E N E F I T S O F T O K E N I Z AT I O N 22

TOKENOMICS 23

M A R K E T A N A LY S I S 27

USE OF FUNDS 28

ROADMAP 29

LEGAL STRUCTURE 30

MANAGEMENT TEAM 32

ADVISORY BOARD 33

O U T S O U R C I N G PA R T N E R S 34

L E G A L I M P L E M E N T AT I O N 35

T E C H N I C A L I M P L E M E N T AT I O N 36

R I S K F A C T O R S R E L AT E D T O A W A C O I N 37

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AWACOIN.IO
 ABSTRACT
AWACOIN - INITIAL TOKEN OFFERING
With this unique Initial Coin Offering (ICO) of AWACOIN we want to give crypto investors, property investors and
wellness lifestyle investors a unique opportunity to invest in the fundraising of the development of AWAKE Eco
Wellness Living (AWAKE). The total initial investment of the development of the first phase is US$ 50 million,
which will be raised through the issuance of approximately 63 million AWACOIN.
AWACOIN ICO Investors will have the exclusive right to acquire AWACOIN at special price levels. AWACOIN will
also be used to reward early adopters, project ambassadors, team members, partners, promotors and to entitle
voting rights for our inhabitants.

Through the use of AWACOIN, all participants within the AWAKE Ecosystem are offered “freedom of finance”,
through blockchain tokenization and fractionalization of all the “income generating properties, assets and amenities”,
to provide easy, fast, transparent, decentralized, secure and liquid transactions, investments and payments.

AWACOIN - UTILITY TOKEN

AWACOIN is not a Security Token but a Utility Token since:
1. The “upside potential” of the value of AWACOIN is not generated through representation of ownership nor share
participation in the project, but in the form of value that is offered to token holders through the “right of
conversion” from AWACOIN into Property NFTs, Amenity NFTs and the Payment Token AWACASH (stablecoin);
2. There is no payment of dividends, official ownership rights, company voting rights or direct profit share;
3. AWACOIN can only be redeemed for transactions within the AWAKE Ecosystem;
4. The token does not reflect nor provides facilities or services that would resemble as a special investment vehicle.

AWAKE ECO WELLNESS LIVING

With the development of AWAKE Eco Wellness Living we are passionate to challenge the status quo of how people
live, work and play by developing multiple “decentralized off-grid eco wellness communities”, all located on the
breathtaking Caribbean Coast of Panama and fully blockchain empowered and democratized in order to enable
people to thrive and reach their highest potential, while being surrounded by like-minded people that live an active
and healthy lifestyle, in harmony with nature.

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The AWAKE communities are not driven by greed or profit and are not governed by a small centralized group of
policy makers, but instead are organized on the premises of blockchain technology, in a fully transparent, equal,
decentralized and democratic way, offering numerous benefits for property investors, guests, residents, staff,
suppliers and the local communities.
The first AWAKE development is home to 1,250 hectares (3,088 acres) of lush rain forests, 3,150 meters (about 2
miles) of pristine beaches and 4,150 biophilic wellness properties.

TOKEN ISSUANCE
# AWACOIN issued in total: 200,000,000 AWA
# AWACOIN used for financing development of Awake Phase 1: 63,000,000 AWA
# AWACOIN used for management, advisors, founding partners, bounties and third parties: 37,000,000 AWA
# AWACOIN reservation (cold storage) for Future AWAKE Development Phases: 100,000,000 AWA

ICO ENTRY LEVELS

Investors are exclusively offered AWACOIN at special price levels, under the guaranteed minimum token
conversion rate of US$ 1.00.

Tranches Capital Raise Token Price # of Tokens

Private Sale US$ 500,000 US$ 0.40 1,250,000 AWA
Pre-Sale US$ 1,500,000 US$ 0.50 3,000,000 AWA
Public Sale 1 US$ 4,000,000 US$ 0.60 6,666,667 AWA
Public Sale 2 US$ 6,500,000 US$ 0.70 9,285,714 AWA
Public Sale 3 US$ 7,500,000 US$ 0.80 9,850,000 AWA
Public Sale 4 US$ 10,000,000 US$ 0.85 11,764,706 AWA
Public Sale 5 US$ 10,000,000 US$ 0.90 11,111,111 AWA
Public Sale 6 US$ 10,000,000 US$ 0.95 10,526,316 AWA
Totals US$ 50,000,000 62,979,514 AWA

ASSET BACKED TOKEN

AWACOIN is 100% backed by the value of the right of conversion into other AWAKE tokens, such as wellness
properties, community`s assets, value sharing amenities, goods or services through a unique and flexible “Token
Conversion Scheme”, which allows token holders to convert AWACOIN into Property NFTs, Amenity NFTs or
AWACASH within the AWAKE Ecosystem at a minimum token conversion rate of US$ 1.00.

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USE AND DISTRIBUTION OF FUNDS
The funds raised though this ICO will be used for the financing of the first phase of the AWAKE development,
mainly for the construction of infrastructure, utilities, 332 wellness properties and key amenities, like a beach club, a
spa, three restaurants, two beach bars and an eco-adventure park with 30+ activities.

The funds will be received and stored in a special “Multiple Signature Trust Wallet” (Trust Wallet). The Trust Wallet
will be managed and controlled by the “AWAKE Fiduciary”. The endorsement of funds from the Trust Wallet to the
Development Wallet. will be based on well-defined deliverables and results, checked by an independent certifier and
registered in the blockchain. (For more detailed information see page 30)

USE OF AWACOIN
AWA is derived from the Spanish “Agua” and represents the unique “liquidity” of all the AWAKE wellness properties,
assets, amenities and transactions. AWACOIN functions as a river that flows through the AWAKE Ecosystem. During
the lifetime of the project the value of AWACOIN will be defined by supply and demand, with a minimum guaranteed
token conversion rate of US$ 1.00. Token holders can swap AWACOIN to the following AWAKE NFTs and tokens:

MINIMUM CONVERSION RATE

AWACOIN is 100% backed by the value of the AWAKE wellness properties, assets, amenities, goods, services,
through a unique and flexible “Token Conversion Scheme”, which allows token holders to convert AWACOIN into
Property NFTs, Amenity NFTs and AWACASH within the AWAKE Ecosystem.

The guaranteed minimum token conversion rate of AWACOIN is set at US$ 1.00. This means that token holders
can convert AWACOIN to any other AWAKE Token (Property NFTs, Amenity NFTs or AWACASH) within the AWAKE
Ecosystem at a guaranteed minimum token conversion rate of US$ 1.00.
The guaranteed minimum token conversion rate significantly decreases the down side risk of the investment and
makes AWACOIN a more secure token than most other utility tokens currently on the market.

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 THIRD-PARTY CRYPTO EXCHANGES
During the ICO Investors are exclusively offered AWACOIN at special price levels, under the guaranteed minimum
token conversion rate of US$ 1.00. Additionally, AWACOINS will be offered at several Liquidity Pools (like Uniswap
and Pancake Swap) to increase its liquidity and tradability with other crypto and fiat currencies.
After completion of the ICO fundraising, AWACOIN will be registered on several decentralized and centralized third-
party crypto exchanges to provide sufficient liquidity for all AWACOIN Token Holders.
After registration on third-party exchanges the price of AWACOIN will be only defined by supply and demand.

AWACOIN INFO
 Token Name : AWACOIN  Token Symbol
 Token Code : AWA
 Blockchain Used : Ethereum
 Token type : Asset-Based Utility Token
 Token standard : ERC-20
 Initial Supply : 100,000,000 AWA
 Reserve : 100,000,000 AWA
 Total Supply : 200,000,000 AWA
 Initial Token Offering : 63,000,000 AWA
 Currencies accepted : All FIAT, ETH & BTC
 Contract Address : 0xDeccdC7FC3F0959e9e384db33E87086208701e2c

MILESTONE EVENTS

Q3 2020 Q4 2021 Q2 2022 Q3 2022 Q1 2023

Creation Start Launch Launch Launch

AWACOIN AWACOIN ICO PROPERTY NFTs AMENITY NFTs AWACASH
+
Start Sales AWACOIN at
Crypto Exchanges

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All renders , des igns , m as ter plan ar e f or illus trati v e purpos es only, and s ubj ec t to c hanges or am ends by the developer.
 AWAKE DEVELOPMENT
We are passionate to challenge the status quo of how people live, work, play and govern by developing a “fully
blockchain empowered decentralized off-grid eco wellness community”, that enables people to thrive, prosper
and reach their highest potential, while being surrounded by like-minded people that live an active, free and healthy
lifestyle, in harmony with nature. AWAKE provides many co-investing, co-working and co-living opportunities.

It is our mission to develop destinations that are fully self-sustainable during challenging times, with on-site
renewable energy, drinking water and organic food production.

AWAKE Eco Wellness Living (AWAKE) encompasses a 1,250-hectare (3,088 acres) destination development,
perfectly situated at the most stunning region of the Caribbean Coast of Panama, with more than 3 kilometers (2
miles) of palm fringed beachfront and home to 4,150 wellness properties surrounded by lush virgin rainforest.

With the AWAKE development we aim to create an icon for innovation, freedom and sustainability
achievements and an important precedent for other communities around the world. The community welcomes
people that are “awake” and understand that we are standing at a crossroads for humanity and nature.

The AWAKE master plan stands out for its unique biophilic architectural designs, blending in with the surrounding
rainforest with first-class wellness amenities, a wellness clinic, lifestyle resorts, beach clubs, restaurants, eco
adventure parks, marina`s, airport, doorstep `farm to table` eco farms and a private wild life reserve.

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 AWAKE MASTER PLAN

The AWAKE master plan encompasses 4,150 distinctive biophilic wellness

properties combined with first-class amenities and infrastructure:

• Wellness Clinics, Spa`s & Treatment Centers

• Wellness Lifestyle Resorts & Beach Clubs
• Co-working areas & Convention Center
• Research & Innovation Center
• Blockchain Campus with Hydro Powered Crypto Mine
• Eco Adventure Park with 50+ outdoor activities
• Doorstep organic `farm to table` food production
• Smart mobility system with autonomous electrical cars
• River & Ocean Marina
• AWAKE Private Wildlife Reserve
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All renders , des igns , m as ter plan ar e f or illus trati v e purpos es only, and s ubj ec t to c hanges or am ends by the developer.
 AWAKE SITE MAP

Main Road from Santiago to Calovébora

AWAKE Internal Roads
Trails
Major Attractions

AWAKE encompasses 1,250-hectare (3,088 acres), perfectly situated at the most stunning region of the Caribbean
Coast of Panama, with a total of more than 6 kilometers (4 miles) of palm fringed beachfront.

• AWAKE Eco Wellness Living

• AWAKE Private Wildlife Reserve
• AWAKE Wildlife Sanctuary & Research Center
• Support Facilities, Eco Farm & Welcome Center
• National Airport with Parking
• Ocean Marina
• Pristine beaches
• Untouched rainforest
• Several internal rivers & waterfalls
• An abundance of natural attractions
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 AWAKE ECOSYSTEM

PROPERTY NFTs
AWAKE Property NFTs are non-fungible tokens that provides property
investors a easy, fast, secure and liquid property investment vehicle
to invest in AWAKE “income generating wellness properties”, like
beach cabins, ocean view villas, river bungalows, apartment or
penthouses; in the form of full ownership or fractional ownership in
accordance to local regulations.

AMENITY NFTs
AWAKE Amenity NFTs are non-fungible tokens that allows members
and participants within the AWAKE Ecosystem to participate in the
“community`s income generating assets and amenities”, like the
Organic Eco Farm, Solar Power Park, Private Wildlife Reserve,
Wellness Center, Wellness Clinic, Eco-adventure Park, Co-working &
Creativity Center and more, in accordance to local regulations.
Token holders can
exclusively convert AWACASH
AWACOIN into the AWACASH is a “stablecoin”, like USDT, that will be used by all
three other tokens participants within the AWAKE Ecosystem as the preferred internal
within the Awake currency for the transactions of goods and services. This includes
Ecosystem: the purchase of hotel nights, rental payments and revenues of the
accommodation, use of the amenities, food & beverage, tours,
excursions, merchandise and much more. Multiple incentives are
provided to the participants to promote the use of AWACASH, in
accordance to local regulations.
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 AWACOIN (AWA)
WHAT IS AWACOIN?
AWACOIN is the “digital currency” that can be used exclusively within the “ecosystem” of the “AWAKE Eco Wellness
Living” development.

Through the use of AWACOIN, all participants within the AWAKE Ecosystem are offered “freedom of finance”,
through blockchain tokenization and fractionalization of all the “income generating properties, assets and amenities”.
This provides very easy, fast, transparent, secure and liquid property transactions, investments and payments.

During the Initial Coin Offering (ICO), AWACOIN is now offered at “special price levels” for first mover investors that
participate in the financing of the first phase of the AWAKE development.

BACKED-UP TOKEN
AWACOIN is “backed” by the right of conversion of tokens that will allow the investment in properties and
participation or transactions in amenities assets, goods and services within the AWAKE Ecosystem. Through a
unique “Token Conversion Scheme”, AWACOIN can be converted to the following AWAKE Tokens:

a) AWAKE PROPERTY NFTs

b) AWAKE AMENITY NFTs

c) AWACASH

DOWNSIDE AND UPSIDE OF AWACOIN

AWACOIN can be converted to one of the three AWAKE Tokens at market value or at the guaranteed minimum token
conversion rate of US$ 1.00.

PARTICIPATION STRATEGIES
1) DIRECT CONVERSION: Make use of your “first mover advantage” and swap AWACOIN for a specific
Property NFT or Amenity NFT that is currently available in phase 1 of the AWAKE Master Plan. You can do
this by making a “Reservation” for a specific AWAKE Property, Asset or Amenity on the basis of “first come,
first served”.

2) FUTURE CONVERSION: If at the moment you don’t know exactly where to convert to or if you would like to
purchase property or amenity that will become available in one of the future phases of the AWAKE Master
Plan, you could still make use of the ICO special entry price levels and simply “Hold and Wait” to convert
AWACOIN into one of the AWAKE Tokens at a later moment.

3) SPECULATION: Keep AWACOIN for mere speculation, while protected by the guaranteed minimum token
conversion rate.

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 CASE STUDY 1:
FIRST MOVER - FULL OWNERSHIP - BIOPHILIC BUNGALOW
Let’s say you are a “first mover” and would like to be first to buy a stunning “fully-furnished 50 m2 Biophilic
Bungalow (# A02)”, right in front of the main beach, next to the restaurant for US$ 162,000, with the option to “use”
it whenever desired or “rent it out” to visitors to make a return on the investment.

If you would participate in the ICO, you will be able to acquire AWACOIN at “special price levels”. Let’s say you
have been able acquire AWACOIN at US$ 0.70 cents on the Dollar during “Public Sale 2”, which basically means a
30% discount. Essentially, the 162,000 AWA would cost you only US$ 113,400. Subsequently, you “swap” the
162,000 AWACOINS for the “Biophilic Bungalow (# A02) NFT”, that gives you the exclusive renewable “99-year
lease rights”, registered in the blockchain.

Let say you would prefer to “use” the Biophilic Bungalow only two months a year and you would “rent out the
Bungalow for the remaining ten months. Based on the projected rental price, occupancy rates and costs of
maintenance and management for this particular unit, the “AWAKE Rental Pool” would provide you a net return of
8% per year, after deduction of taxes, service and management fees.

However, since you have acquired the Bungalow at a 30% discount, the real net return will be 10.4% per year. This
way, you can use the Bungalow for free and still make a solid return on investment.

CASE STUDY 2:
HOLD AND WAIT - FRACTIONAL OWNERSHIP – APARTMENT NFT
Let`s say you participate in the ICO and have been able acquire 100,000 AWACOIN at a special price level of US$
0.80 (Public Sale 3), but you favor a “hold and wait” strategy, because you either would like to acquire an AWAKE
property from a “future development phase” or you are in for mere “speculation”, expecting a higher value of
AWACOIN in the near future. Essentially, the 100,000 AWA would cost you only US$ 80,000, which is a 20%
discount.

Let us assume that after one year, due to the progress and the success of the AWAKE development, the market
value of AWACOIN has increased to US$ 2.40. In this scenario, you will be able to convert AWACOIN into any
AWAKE Property NFT or sell it at a third-party exchange at a 300% profit.

Hence, with an initial investment of only US$ 80,000 you will be able to purchase several “fractional ownership” of
multiple AWAKE wellness properties, with a total value of US$ 240,000.

For example, after one year you decide to convert your 100,000 AWACOIN for three “fractional ownership property
NFTs”, that gives you the exclusive “renewable 99-year lease rights”:

1) Value 50% fractional of a Beach Cabin US$ 70,000

2) Value 25% fractional of an Apartment US$ 40,000
3) Value 25% fractional of an Ocean View Villa US$ 105,000
4) Value remaining AWACOIN in your wallet US$ 35,000
Total value: US$ 240,000

If you are a property investor and you would opt to “rent out” the units for the entire year, then based on the projected
rental price and occupancy rates for these particular units, the AWAKE Rental Pool would generate a net return of
approximately 12% per year, after deduction of taxes, service and management fees.

However, since you have acquired the AWACOIN during the ICO at 33% (US$ 0.80) of its market value (US$ 2.40),
your real net return will be approximately 36% per year.
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 AWAKE PROPERTY NFTs
SMART PROPERTY INVESTMENTS
The traditional property investment industry is outdated. Property transactions are time consuming, slow,
bureaucratic and ripe with expensive middleman. We will implement digital processes to improve the traditional
transactions, as well as innovative ways to tokenize in the blockchain, the rights of properties, according to local
laws, to provide smart, easy, fast, secure and liquid property investment opportunities.

Property NFTs can be freely traded 24/7 within the AWAKE Ecosystem or any other Third-Party Property NFT
Exchange. This highly increases the liquidity and international scope of the investment. Additional benefits are
data transparency, security, immutability, simplified management, operational efficiency and reduced settlement time.

INCOME GENERATING PROPERTIES

AWAKE turns home ownership from a monthly cost to a monthly income stream, through a unique “OWN, EARN and
ENJOY Home Ownership & Rental Program”:

• OWN
Invest in income generating wellness properties, though full ownership or fractional ownership, at one of the
most stunning, innovative and sustainable eco-wellness destinations of the world;

• ENJOY
Enjoy your property without the hassle and expenses of traditional home ownership;

• EARN
Generate income by placing your property into our Blockchain Rental Pool that rents out the wellness
properties to visitors and guests, plus the appreciating of the Property`s asset value over time.

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LONG TERM LEASE
Real Estate Properties are registered as Non-Fungible Tokens (NFTs) in the AWAKE blockchain based on a 99-year
renewable lease contract. The AWAKE Property Smart Contracts will provide all the details and specifications of
the real estate property, the associated land parcel, the lease terms and the seller and buyer.

The Property NFT Owner(s) receive(s) a proportional percentage of the rental revenues of their property and of the
benefits from the property`s asset value appreciation.

AWAKE provides two types of property tenures:

• Full ownership:
• Property Investor is the “sole owner” of the Property.
• Acquires 100% of the NFT that represent the right of use of the property.
• Receives 100% of the rental revenues and appreciation of the property`s asset value.

• Fractional ownership:
• Property Investor “owns a fraction” of the Property.
• Acquires a proportional percentage of the tokens that represent the right of use of the property.
• Investing in multiple fractions in several distinctive property assets, increases diversification and lowers
the risk of the investment.
• Receives a proportional percentage of the rental revenues and appreciation of the property`s asset
value.

NFT AND SMART CONTRACTS

An AWAKE Property NFT is accompanied by a “Smart Contract”, that includes:
• Unique characteristics of the property, like registration number in the local Public Registry, appraisal
documents, property description, floorplans, technical designs and specs, master plan location and property
pictures;
• Terms of the Buy and Sales Agreement;
• Terms of Rental Revenue Agreement.

OPTIMIZING RETURNS
AWAKE aims to optimize the Returns for the property investors and home owners by offering a profitable and low-
risk real estate rental investment opportunity with high rental occupancy rates and fair price levels due to:

• Affordable, small-sized and easy-to-rent-out beachfront and ocean view wellness properties;

• Limited amount of hotel rooms within the AWAKE development that compete with the home owners Rental
Pool;

• Innovative transparent blockchain Rental Pool with user friendly rental app;

• State of the art 2D and 3D virtual tours, that provide buyers and investors a unique interactive way to
explore and experience the entire AWAKE development with all its amenities and residencies,

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TWO PROPERTY NFT OWNERSHIP OPTIONS
Process of Property Transaction, Subdivision and Registration:
OPTION 1: 99-YEAR LEASE AGREEMENT
• Properties (homes and land parcels) will be
“subdivided” in the blockchain
• Properties (homes and land parcels) will be
“registered” in the blockchain
• Properties (homes and land parcels) will be
“tokenized” in the blockchain as NFTs
• Property NFT Owners will receive the exclusive
“Right of Use” of the Property and the Land Parcel
for a renewable lease period of 99 years by signing
the NFT Smart Contract (99-year lease agreement)
• Property Owners will receive the “Right of Access”
to the Awake Amenities
• The NFTs are secure, liquid and can be freely traded
within the Awake Ecosystem and third-party NFT
exchanges
• Both “full usage” and “fractional usage” investment
options will be provided.
 Benefits: fast, easy, cheap, secure and liquid
property investment vehicle
 Sales cycle: one-payment, fast permitting, fast
construction and fast Right of Use
 Target Group: NFT Crypto Investors
OPTION 2: OWNERSHIP AGREEMENT
Properties (homes and land parcels) will be
subdivided as a Horizontal Property (HP)
• Properties (homes and land parcels) will be
registered in the Public Registry of Panama
• Each individual Property (home and land parcel) will
be owner by a separate Panamanian Corporation
• Each Panamanian Corporation will be registered in
the Public Registry of Panama
• The total amount of shares of each SA will be
tokenized in the blockchain as NFTs
• Property NFT Owners will receive the “ownership”
of the Property (homes and land parcels) by signing
the NFT Smart Contract (buy and sales agreement)
• Property Owners will receive the “Right of Access” to
the Awake Amenities
• The NFTs are secure, liquid and can be freely traded
within the Awake Ecosystem and third-party NFT
exchanges
• Both “full usage” and “fractional usage” investment
options will be provided.
 Benefits: secure and liquid property investment
vehicle for foreign crypto investors
 Sales cycle: several payments upon deliverables,
slower permitting, more costs of subdivision and
registration
 Target Group: More traditional Property Investors
with an innovative mind set
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BUYER PROFILE
The buyer profile for the AWAKE wellness properties falls into three main categories:

• Crypto Investors:
Opportunity to lock in crypto profits, opting out of the volatility crypto market, to diversify a crypto investment
portfolio with a safe and tangible real estate investment that offers tax benefits and long-term returns;
• Investment buyers:
Opportunity to purchase a property for annual returns or capital gains with high guaranteed yields;
• Lifestyle investors:
Opportunity to purchase a wellness property to enhance their lifestyle, as a first, secondary or holiday home
for personal use, while also seeking rental revenues and asset value appreciation.

TOKEN VALUE & CONVERSION RATES

The conversion rate between AWACOIN and AWAKE Property NFTs is defined by the market value of both tokens.
The market value of AWACOIN is defined by supply and demand and the success of the development. The market
value of a Property NFT is fundamentally the sum of the property`s asset value and the yearly rental returns.

MINIMUM CONVERSION RATE

In order to back the guaranteed minimum token conversion rate of AWACOIN and to reduce the downside risk for the
token holders we have set the minimum conversion rate between AWACOIN and AWAKE Property NFTs at: 1 AWA =
US$ 1.00.

KYC
In order to receive the revenues from the blockchain rental pool and to comply with the maintenance and
management fees, the Property NFT Holders should be fully KYC registered.

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OTHER PROPERTY BLOCKCHAIN APPLICATIONS
Next to Property Investments, Property NFT holders will have access to future property related applications,
registered on the blockchain through Smart Contracts:
• Property reservations
• Property Voting
• Property Value sharing
• Property Asset tracking
• Property Asset registration
• Property Financing
• Property Market Place (NFT Exchange)

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 AWAKE AMENITY NFTs
AWAKE Amenity NFTs are non-fungible tokens (NFTs) that allows investors to participate in the success of the
AWAKE Amenities by trading fractional portions of the “community`s income generating assets and amenities”.

EXPECTED BENEFITS
The expected benefits - to be derived from the Amenity NFTs will be distributed to the Amenity NFT Owners in the
form of utilities that will be derived from the respective asset or amenity.

SMART CONTRACTS
The AWAKE Amenity NFTs are accompanied by “Smart Contracts”, that includes all the unique characteristics of
the participation, terms of participation in the asset`s or amenities’ revenues, operating permits, licenses, a complete
business plan with projections, appraisal documents, technical designs and specs, master plan, location and pictures
of the Asset or Amenity.

TOKENIZATION AND FRACTIONALIZATION

Amenity NFTs can be freely traded 24/7 within the AWAKE Ecosystem, which increases the liquidity and
international scope of the investment. Additional benefits are data transparency, accountability, tractability,
democratization, security, immutability, simplified management, operational efficiency and reduced settlement time.

TOKEN VALUE & CONVERSION RATES

The conversion rate between AWACOIN and a Amenity NFT is defined by the market value of both tokens. In order
to reduce the downside risk for the token holders we have set the guaranteed minimum token conversion rate
between AWACOIN and Amenity NFTs at: 1 AWA = US$ 1.00.

KYC
In order to receive the revenues from the participation in the Community`s Value Sharing Asset or Amenity, the
Amenity NFT Holder should be fully KYC registered.

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 AWACASH
INTERNAL DIGITAL CURRENCY
The AWAKE Payment Token (AWACASH) is a “stablecoin” with low transaction costs that will be registered on the
AWAKE blockchain and used by all participants within the AWAKE Ecosystem as the “preferred internal currency”
for all transactions of goods and services. This includes the payment of hotel nights, property rent, food & beverage,
tours, excursions, merchandise, airport tickets, marina slips, entrance fees of the attractions, use of the wellness
amenities, activities and much more.

BENEFITS OF A PAYMENT TOKEN

The use of the AWACASH facilitates easy, transparent, decentralized and secure transactions for all participants,
like guests, residents, staff, suppliers and the families of the surrounding communities.

The AWAKE Payment Token also allows for more transparent “pricing” and “rating” of the different products and
services, which improves competition, motivation, commitment and service levels, which results in lower price levels
and a higher quality of the overall visitor experience.

STABLECOIN
To avoid price volatility, AWACASH is designed as a `stablecoin` that is pegged to the dollar. The value of 1
AWACASH Token is set at US$ 1.00.

CONVERSION RATE
The actual conversion rate between AWACOIN and AWACASH is only defined by the market value of AWACOIN,
since the AWACASH is a “stablecoin”. The value of AWACOIN is based on supply and demand and the success of
the AWAKE development

MINIMUM CONVERSION RATE

AWACOIN can be converted into AWACASH at a guaranteed minimum token conversion rate of 1.00 AWACASH
Token = US$ 1.00.

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 PROPERTY TOKENIZATION
TRADITIONAL REAL ESTATE TRANSACTIONS
The traditional worldwide real estate industry is outdated. Real Estate transactions are highly complex, terribly
bureaucratic, ripe with middlemen, expensive, and dreadfully slow. In usually every real estate transaction buyer and
seller are required to work with several third parties, like brokers, lawyers, notaries, banks and escrow agents, who
take a fee and slow down the process. In most cases, the costs of `valuable time` combined with `expensive third
parties` completely diminishes the upside of the property investment.

TOKENIZATION
“Tokenization” allows an innovative way to change the status quo of how we buy and sell real estate properties
or property rights. In order to “tokenize” a real estate asset, it should be registered on the blockchain. By the merits
of the blockchain, tokenized assets allow us to actually transfer real-world assets from one place to another,
and re-assign ownership— completely digitally, without the aid of a third party. Tokenized real estate properties can
be traded in a simple, cheap, fast and secure way without bureaucratic procedures and expensive middle man.

SMART CONTRACTS
Tokenized assets can be traded by signing a “Smart Contract”. Registering assets on the blockchain is the most
secure form of asset registration, since all records are immutable, transparent, decentralized and agreed upon by all
parties through the “proof of asset” or “proof of stake” protocol.

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AWACOIN.IO
 BENEFITS OF TOKENIZATION
The value proposition of tokenized AWAKE Wellness Properties, Communities Assets or Amenities is convincing and
provides ample benefits:

1. LIQUIDITY
Liquidity refers to the ease with which an asset can be bought or sold. Currently, real estate investments are
considered relatively illiquid. Increased liquidity results in:

Global investment pool. With tokenization, the pool of potential investors is truly global. Anyone with sufficient
capital and an internet connection can easily participate in buying, holding, and selling real estate located anywhere
in the world.

Reduced cost of entry. A virtual token does not necessarily have to be sold as a whole unit. Instead, the code
underlying the token may permit it to be subdivided, allowing the issuer or subsequent holders to sell “fractional
tokens” at lower prices due to “fractionalization”. This opens the market to smaller investors who could not otherwise
participate and enables greater opportunities for diversification for wealthier investors.

Standardized transactions. Thanks to the blockchain technology on which tokenization is built, the purchase and
sale of real-estate tokens can be implemented using standardized “Smart Contracts”, which do not have to be
individually negotiated, and the terms of which are implemented automatically, reducing transaction costs
substantially.

2. DATA TRANSPARENCY
Blockchain as a distributed ledger technology is known for its immutability and resistance to cyber-attacks, as data is
distributed across a network of participating nodes as opposed to a single centralized database. While transaction
information is made trackable and visible on blockchain, data anonymity of blockchain transactions are preserved by
cryptographic hashes.

3. HEDGE AGAINST INFLATION

Governments are currently printing unprecedented amounts of fiat currency, which will devalue the money already in
supply. Sooner or later, this will lead to (hyper) inflation. We believe that cryptocurrencies, provided that they are
created on a “secure immutable blockchain platform” and backed up by “real tangible valuable assets”, like gold, land
or real estate, offer a much better alternative to debt-based fiat currencies.

4. SECURITY
Blockchains are distributed ledgers, which means that no one person, group, or organization controls them. In
addition, blockchains rely on advanced cryptography to provide security to users. Each user has his or her own
private key that allows access to his or her blockchain assets. That key is a long string of random characters that is
very difficult for a computer—let alone another user—to guess.

5. IMMUTABILITY
After a transaction has been recorded and confirmed on the blockchain, it essentially cannot be changed. This helps
assure investors that no one can falsify transactions after the fact.

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6. SIMPLIFIED MANAGEMENT
Tokenization can also lead to easier management of investors and their rights. Secondary transactions can be easily
tracked by collaborating with third-party exchanges. And investors can receive distributions and exercise their other
rights (e.g., voting) through the blockchain, simplifying those processes considerably.

7. OPERATIONAL EFFICIENCY
Smart Contracts are programmable actions on the blockchain that facilitate the automation of processes such as
compliance checks, investor whitelisting, and post-issuance matters including dividend distribution. Smart Contracts
also enable the programming of tokens with unique qualities, such that characteristics of each share class and
customizable fee structures could be created for tokenized assets at a relatively low operational cost.

8. REDUCED SETTLEMENT TIME

Transactions in tokenized products can be settled almost instantly, 24/7/365, unlike the days or weeks that it can
sometimes take to settle traditional finance transactions, at lower transaction costs and minimal exchange fees.

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AWACOIN.IO
 TOKENOMICS
AWACOIN is an open term ERC-20 Utility Crypto Token and only valid within the AWAKE Eco Wellness Living
Ecosystem in accordance with the laws of the Republic of Panama.

AWACOIN will be released in different tranches, in exchange for established cryptocurrencies and all fiat currencies.

The Token has an indefinite validity. If the token holder does not explicitly choose to redeem the token at the request
of AWAKE, it converts 1-to-1 into any subsequent token modality free of charge. The token itself does not change.

TOKEN INFO

 Issuer : AWA Wellness Developments SA

 Currency : United Stated Dollar (US$)
 Total Supply : 200,000,000 AWA
 Issuance at ICO : 63,000,000 AWA
 Issuance for return on Invested Capital : 10,000,000 AWA
 Issuance to Founding Partners : 7,000,000 AWA
 Issuance to Management & Partners : 20,000,000 AWA
 Reservation for Future Developments : 100,000,000 AWA
 AWA Denomination : 1 AWA, divisible up to 18 digits
 Minimum Value : 1 AWA = US$ 1.00 (within the AWAKE Eco System)
 Maximum Value : Market Value
 Creation Date : September 3th, 2020
 Private Issuance Date : November 1st, 2021
 Public Issuance Date : January, 1st, 2022
 Public Issuance Price : Between US$ 0.40 and US$ 0.95
 BTC Payment Address : bc1qft03mm6j8emgj6lknn54talja068gs3zc0w3xq
 ETH Payment Address : 0x98020089Ea2BB9169D2472bD3b8041bB61046AB4

AWACOIN ICO SALES TRANCHES

Tranches Capital Raise Token Price # of Tokens

Private Sale US$ 500,000 US$ 0.40 1,250,000 AWA
Pre-Sale US$ 1,500,000 US$ 0.50 3,000,000 AWA
Public Sale 1 US$ 4,000,000 US$ 0.60 6,666,667 AWA
Public Sale 2 US$ 6,500,000 US$ 0.70 9,285,714 AWA
Public Sale 3 US$ 7,500,000 US$ 0.80 9,850,000 AWA
Public Sale 4 US$ 10,000,000 US$ 0.85 11,764,706 AWA
Public Sale 5 US$ 10,000,000 US$ 0.90 11,111,111 AWA
Public Sale 6 US$ 10,000,000 US$ 0.95 10,526,316 AWA
Totals US$ 50,000,000 62,979,514 AWA
* Notes:
• Private sale: 22 days or until capital is raised
• Presale: 30 days or until capital is raised
• Currencies Accepted: USD EUR BTC ETH USDT
• First Come, First Served
• Until Supply Lasts

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KYC CHECKS
All Panamanian nationals and residents can take part, subject to passing KYC checks. Interested parties from other
countries than Panama are requested to contact the issuer early enough to check whether they are eligible to
participate.

ISSUER
AWA WELLNESS DEVELOPMENTS, SA; a private corporation with limited liability, incorporated under the laws of
The Republic of Panamá, with its registered seat in Panama City, with folio number 155668865, hereinafter to be
referred to as the "AWA WELLNESS DEVELOPMENTS";

TOKEN DISTRIBUTION
A limited number of 200,000,000 (two hundred million) AWACOIN have been issued. The initial investment for the
AWAKE development is US$ 50,000,000 (fifty million US Dollars) and will be financed by the ICO through the
issuance of approximately 63,000,000 (sixty-three million) AWACOIN. An additional 37,000,000 (thirty-seven million)
will be distributed to the Management Team, Board of Advisors, Founding Partners, Bounty Program and Strategic
Alliances. The remaining 100,000,000 (one hundred million) AWACOIN are reserved in cold storage for the financing
of future AWAKE Eco Wellness Living developments.

DISTRIBUTION DISTRIBUTION DISTRIBUTION MANAGEMENT

TOTAL SUPPLY MANAGEMENT & PARTNERS & PARTNERS OVER TIME

ISSUING
Eligible participants that want to invest in the development of phase 1 and 2 of the AWAKE Eco Wellness Living
development can contact AWA WELLNESS DEVELOPMENTS via the AWACOIN.IO website to request AWACOIN
tokens. The subscription form and all required documents must be handed in at least 1 week before the issuance
date. The funds must arrive with the issuer at least 2 days before the issuance date. The subscription of the token is
subject to passing KYC checks.
25
TOKEN CLASSIFICATION
The AWACOIN token qualifies as a “Utility Token” as per international ICO definitions and for its applicability and
pertinence within the AWAKE Ecosystem. A Utility Token is a digital token, registered on a Blockchain, that is issued
in order to fund the development of a project, start-up or business, that later can be used to purchase a good or
service offered by the issuer of the token.

ERC-20 UTILITY TOKEN

AWACOIN is a considered an ERC-20 Utility Token since:
1. The “upside potential” of the value of AWACOIN is not generated through representation of ownership nor share
participation in the project, but in the form of value that is offered to token holders in the through the “right of
conversion” from AWACOIN into other Property NFTs, Amenity NFTs or Payment Tokens and vice versa;
2. There is no payment of dividends, official ownership rights, company voting rights or direct profit share;
3. AWACOIN can only be redeemed for transactions within the AWAKE Ecosystem;
4. The token does not reflect nor provides facilities or services that would resemble as a special investment vehicle.

FEES
AWA Wellness Developments charges a hard asset redemption fee of 0.5% for conversion of AWACOIN into
Property NFTs, Amenity NFTs or Payment Tokens and vice versa. For transacting AWACOIN, the usual fees of the
Ethereum Blockchain will apply (GAS). These should be expected to be slightly higher than with plain ERC-20
tokens, due to special features of the Smart Contract.

JURISDICTION
The exclusive place of jurisdiction is the Republic of Panama. The law applicable is Panamanian law.

PROJECT LOCATION
The location of AWAKE Eco Wellness Living is shown on Figure 1-1.

C A R I B B E A N
S E A

SANTA FÉ

P A C I F I C
O C E A N

Figure 1-1 26
AWACOIN.IO
 MARKET ANALYSIS
CRYPTO MARKET
According to Coin Market Cap (Sept, 2021) the total worldwide market capitalization of crypto currencies has grown
exponentially during the couple of year, to a total of US$ 2.65 trillion at the moment of writing (30 Oct. 2021).

Investing in “AWAKE income producing wellness properties” is an excellent way to lock in crypto profits, opting out of
the volatility crypto market and to diversify into a crypto investment portfolio with a safe and tangible real estate
investment that offers tax benefits, long-term rental returns and property asset value appreciation.

GLOBAL WELLNESS MARKET

According to McKinsey (April, 2021) the global wellness market is estimated at more than $1.5 trillion, with annual
growth of 5 to 10 percent.

A rise in both consumer interest and purchasing power presents tremendous opportunities for companies,
particularly as spending on personal wellness rebounds after stagnating or even declining during the COVID crisis.

WELLNESS REAL ESTATE MARKET

Covid-19 is propelling wellness real estate into the spotlight. At a time when health awareness is at an all-time high,
it’s important to acknowledge the science that is underpinning the ongoing increase in demand for this new lifestyle
approach. Research by the World Health Organization, 2021 (put link WHO page) shows that a staggering 80-90%
of our health outcomes are ultimately connected to the built environment in which we live.

The Global Wellness Institute (October, 2018) believes that residential real estate is the next frontier that will be
radically transformed by the wellness movement. Wellness real estate is a $134 billion global market in 2017,
projected to grow to $198 billion in 2022.

WELLNESS TOURISM MARKET

Amid the COVID-19 crisis, the global market for Wellness Tourism, estimated at US$735.8 Billion in the year 2020,
is projected to reach a revised size of US$1.2 Trillion by 2027, growing at a CAGR of 6.6% over the period 2020-
2027.

27
AWACOIN.IO
USE OF FUNDS

28
AWACOIN.IO
 ROADMAP
Milestone Events
2018-2020
AWA K E  Conceptual AWAKE Master Plan
AWA C O I N  Formation of Management Team, Board of Advisors & Strategic Alliances
 Elaborating Business Plan
 Start opening corps to support the legal structure.
2020  Acquisition of Land Properties
 Conceptualization of AWACOIN  Land Protection and Land Improvements
 Development AWACOIN website
 Creation AWACOIN Q1 2021
 Master Plan AWAKE Development
Q3 2021  Finalization AWAKE Business Plan
 Finalization Website AWACOIN  Awake website development
 Finalization White Paper AWACOIN
Q2 2021
 Open Telegram account and social media
 Finalization Master Plan “Phase One” AWAKE Development

Q4 2021 Q3 2021
 Medium Presentation  Finalization Website AWAKE
 Listings
 Strategic Alliances Q4 2021
 AWACOIN ICO and Liquidity Pool  Elaboration of net-0 Environmental Impact Study
 Private Sales AWACOIN  Elaboration Ante Proyecto
 Cross Chain Design  Marketing

Q1 2022 Q1 2022
 Public Sales AWACOIN ICO  Permits and Environmental Impact Study presentation
 AWAKE & AWACOIN Roadshow  Construction Entrance & Internal Access Road
 Launch Blockchain Application Prealpha
 DAO proposal
Q2 2022
 Start construction Lifestyle Beach Club, Restaurants, Bars and Eco Park
 Start construction Beach Cabins, Ocean View Villas and Glamping Tents
Q2 2022
 Launch “AWAKE Property NFTs” model Q3 2022
 CertiK Certification
 Start construction Apartment Buildings and Dream Villas
 Public Sales AWACOIN at multiple Crypto Exchanges
 Landscaping & infrastructure
 Public Sales first “AWAKE Property NFTs”
 Solicitation of credits under Tourism Law 122 “for financing future phases”
 Launch Blockchain Application Alpha
 Finalizing Master Plan AWAKE Development “Phase two”

Q3 2022 Q4 2022
 Launch Amenity NFTs  Start permitting “Phase two”
 Public Sales first “AWAKE Amenity NFTs”
 Launch Blockchain Application Beta
Q1 2023
 Start construction “Phase two” infrastructure

Q2 2023
Q4 2022
 Grand opening Phase 1
 Soft opening of park and amenities "Phase 1"
 Construction amenities and units “Phase two” AWAKE Development
 Public Sales first “AWAKE Amenity NFTs”

Q3 2023
Q1 2023  Finalization design master plan of “future phases”
 Launch Blockchain Application Release  Financing and permitting “future phases"
 Launch AWACASH  “Phase two”
 Public Sales first “AWAKE Payment Tokens”
 DAO first implementation Q4 2023
 Finalization design master plan of “future phases”
 Financing and permitting “future phases"

2024 - 2028
 Sales and Development of “future phases”

2025 - 2030
 Design master plan, financing, permitting and construction of “future developments"

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AWACOIN.IO
 LEGAL STRUCTURE
The legal structure of the AWAKE Eco Wellness Living
development and the AWACOIN ICO is set up with the
objective to provide all essential layers of security for
token owners. AWCOIN is registered under the laws of
the Republic of Panama. Panama offers the ideal legal
& financial jurisdiction and fiscal benefits for the
issuance of the ERC-20 Utility Tokens.
THE PARTIES

1 AWACOIN TOKEN OWNERS
TOKEN OWNERS that invest in the fundraising of
the development of AWAKE Eco Wellness Living.
TOKEN OWNERS have the opportunity to acquire
AWACOIN at the ICO at special price levels.
TOKEN OWNERS agree, that AWAKE can process
their personal data and share them with KYC
processing partners in accordance with
Panamanian KYC regulations.

2 AWACOIN TOKENS
AWACOIN is an Asset Backed Utility Token, valid
only within the AWAKE Ecosystem in accordance
with the laws of the Republic of Panama. The
Tokens are backed-up by the AWAKA`s Property
NFTs, Amenity NFTs and AWACASH.
3 MANAGEMENT COMPANY
AWAKE will be managed and developed by AWA
Wellness Developments SA (AWD). AWD is a land
investment and eco wellness development
company, incorporated in 2018 under the laws of
the Republic of Panama, with its head office in
Panama City.
4 DEVELOPMENT WALLET
The Management Company will manage and
control the DEVELOPMENT WALLET to pay for
project expenses.
5 FIDUCIARY TRUST WALLET
The raised funds from the AWACOIN ICO will be
received and stored in a special multiple signature
TRUST WALLET. The TRUST WALLET will be
managed and controlled by the FUNDS´
FIDUCIARY, which consists of three Trust Board
Members of which minimum two members have to
mutually sign off for the distribution of funds from
the TRUST WALLET to the DEVELOPMENT
WALLET. The endorsement of funds will be based
on well-defined deliverables that are registered in
the blockchain.
30

6 AWAKE HOLDING
AWAKE HOLDING SA is a Panamanian Limited
Liability Company or Sociedad Anónima (SA), to be
incorporated for the development and management
of AWAKE Eco Wellness Living (AWAKE). THE
HOLDING is 100% beneficiary of the AWAKE
LAND PRIVATE FOUNDATION that respectively
will be the owners of the AWAKE LAND
PROPERTIES. THE HOLDING will be incorporated
by November 2021. Therefore, no annual financial
statements are currently available. The first annual
audited financial statement will be published by
April 2022, based on the data of the first 6 months
of the company`s operation. THE HOLDING will
have a social capital of US$ 100,000.
8
 AWAKE LAND PRIVATE FOUNDATION
Private Foundation that is registered in Panama
that offers the maximum legal protection of the
different land properties that are owned by the
Land Foundation.

9 PROPERTY SUBDIVISION
Land Properties will be subdivided as a Horizontal
Property (HP) in either the AWAKE Blockchain or in
the Public Registry of Panama. See page 16 for
more details.
 AWAKE PROPERTIES
10
Land Properties are registered in the AWAKE
Blockchain or in the Public Registry of Panama
with Ownership Title. See page 16 for more details.


7 AWAKE NONPROFIT FOUNDATION (NGO)
The AWAKE Public Foundation has the mission to CONTACT INFORMATION
empower people and to promote the research and AWA WELLNESS DEVELOPMENTS SA
development of new, smart, creative, sustainable
Edificio Vallarino, Floor 3, Office 3B
and innovative technologies & business models
52th Street and Elvira Méndez
within the AWAKE Development, including but not
Bella Vista, Financial District
limited to the implementation of:
Panama City, Republic of Panama
1) Eco Mobility with autonomous electrical cars and drones
2) AI Conservation Drones to protect the rainforest +507 66 111 333
3) Renewable Energy Implementations with hydro and solar
4) New methods of Organic food production AWAKE DEVELOPMENT
5) New smart pre-fab construction methods info@awakecaribbean.com
6) Models for the improvement of quality of life of local www.awakecaribbean.com
communities
7) Micro credit programs for financing new business within
AWACOIN INITIAL TOKEN OFFERING
local communities
info@awacoin.io
8) Blockchain implementations for easier, faster, securer and
www.awacoin.io
more liquid transactions
9) New models for decentralized & transparent governance
10) Reforestation methods to avoid land degradation

31
AWACOIN.IO
 MANAGEMENT TEAM

Max van Rijswijk Jorge Ceballos

Chief Executive Officer (CEO) Chief Legal Officer (CLO)

Aldo Antinori Matty Squarzoni

Director Business Development Customer Relationship Manager

Paul Farrow Janice Becerra

Director Real Estate Innovation Director Legal and Innovation

Francesco Bosco Walter Alverez

Blockchain and Sustainability Blockchain and Finance

Jose Batalla Fabian Chiera

Director NFT Cyber Security

32
AWACOIN.IO
 ADVISORY BOARD

Brian Christenson Alejandro Loring

CEO Blockcities General Advisor

Pascal Tomas Kalt Tomas Miro

Management Consultant Tourism Development &
Market Analyses

Juan Manual Henriquez Andres Casanova

Business Development Innovative Construction Solutions

Rogelio Romero Robert Viglione

Real Estate & Innovation CEO Horizen Labs (Blockchain)

Álvaro Boyd
International Real Estate

33
AWACOIN.IO
OUTSOURCING PARTNERS

34
AWACOIN.IO
 LEGAL IMPLEMENTATION
The AWACOIN token is designed to have similar legal
properties as physical voucher certificates. However,
due to the novelty of blockchain tokens, there is no
proven legal way, yet, of attaining these properties.
In particular, four properties are essential:
3. Good-faith acquisition: When buying physical
goods in good faith, the buyer becomes the rightful
owner even if it later turns out that they were stolen.
This should also apply to tokens. For example, when
THE HOLDING repays a token in good faith, it is freed
from all obligations associated with that Token. If it later

1. Uncertificated securities: The token qualifies as turns out that the redeemed tokens were stolen, only

uncertificated security. The records of the uncertificated the thief and not THE HOLDING is liable for the

securities are kept on the blockchain by THE associated losses. The same principle applies to all
HOLDING. The book of uncertificated securities other buyers of the token / Token.

contains information about the number and

4. Separation from the bankruptcy-estate: when a
denomination as well as the holders of the
physical token certificate is stored with a third party and
uncertificated securities, whereas the holders are not
that third party goes bankrupt, it does not fall into the
identified by their names, but by their Ethereum
bankruptcy estate and it is returned to the rightful
addresses. The existence, the scope and content of the
owner. Under Panamanian law, the same applies to
related rights exist only to the extent they are entered
Bitcoin and other cryptographic tokens, as long as the
into the book of uncertificated securities. The book is
tokens are cleanly segregated and the contract
updated as holders transfer their tokens through
between the depositor and the third party makes it clear
according transactions. The initial distribution, as well
that the ownership remains with the depositor. In case
as all transfers can be retraced by replaying the
of legal uncertainty, we will always adhere to the
relevant transactions archived in the blockchain.
interpretation of the law that treats the token tokens the

2. Indivisible unity between token and token: It must most similar to how physical token certificates are

neither be possible to transfer the token without treated. For example, the case of a theft of the token is

transferring the token nor to transfer the token without treated similar to the theft of a physical certificate. The

transferring the token. The latter is ruled out by theft of a physical certificate transfers possession from

disallowing the transfer by cession, which we hereby the rightful owner to the thief, but it does not transfer

do. Thus, the only way to legally transfer the token is ownership. This enables the owner to take legal action

through a transfer agreement, which is a form of to get the certificate back. Note that while we are

transfer that requires the consent of the issuer. THE confident that this legal setup is in line with

HOLDING hereby explicitly agrees with all transfers of Panamanian law, it is novel and not proven in court.

the token that follow the transfer of the token.

Furthermore, by taking part in this system, you implicitly
agree that each transfer of the token constitutes a
transfer of the Token. As expected and usual with
cryptocurrencies, the transfer of a token / token is
considered “abstract” and not “causal”. This means, for
example, that even an accidental transfer of the token
constitutes a transfer of the token along with it. Thus, if
you accidentally transfer a token or if a token is stolen,
you need to take the appropriate legal actions to get it
back.

35
AWACOIN.IO
All renders , des igns , m as ter plan ar e f or illus trati v e purpos es only, and s ubj ec t to c hanges or am ends by the developer.
 TECHNICAL IMPLEMENTATION
The AWACOIN token is issued on the Ethereum The Smart Contract has been audited, analyzed under
blockchain and adheres to the ERC-20 standard. different aspects, with a variety of tools for automated
security analysis of Ethereum Smart Contracts. They
The smart contract is named “AWACOIN” in the
found no critical issues and their recommendations
Ethereum name system. Its current state – including
have been successfully mitigated before deployment of
individual balances and the total supply and its source
the Smart Contract.
code can be inspected with the usual tools, most
notably etherscan. All wallets that support ERC-20 The summary report is available for download on
tokens can be used to hold and transact with the token. the website www.awacoin.io

Any transactions performed on the Ethereum

CLOSING STATEMENT
Blockchain are subject to the usual transaction fees of
This whitepaper for the current AWACOIN Token was
the Ethereum network. However, due to having
done with highest care to content and details.
additional features, the transaction fees associated with
the transfer of AWACOIN should be expected to be The terms of the subsequent Tokens are announced
somewhat higher than those of plain ERC-20 token. on: www.awacoin.io where an updated version of the
whitepaper is available.
In order to avoid dust (accounts with negligible
remaining balances), transfers of amounts that leave Prospective token buyers should also consider carefully
less than 0.01 AWACOIN on the sender address are whether an investment in the Token is suitable
increased to include the full amount residing on that considering the information contained in this
sender address. E.g. when sending 7.50 AWACOIN Whitepaper with regard to their personal circumstances.
from an address containing 7.51 AWACOIN, the whole
balance will be transferred, so no dust is left behind on
the sending address.

36
AWACOIN.IO
All renders , des igns , m as ter plan ar e f or illus trati v e purpos es only, and s ubj ec t to c hanges or am ends by the developer.
 RISK FACTORS RELATED TO AWACOIN
GENERAL STATEMENT ABOUT RISK FACTORS
Before investing in the Token, prospective Investors should
carefully consider risk factors associated with any investment
in the Token, the business of the Issuer and the industries in
which it operates together with all information contained in this
Whitepaper. Prospective Investors should consider especially,
but not only, the risks described below. Words and expressions
defined in the “Terms of AWACOIN Token” or elsewhere in this
Whitepaper have the same meanings in this section.
The following is not an exhaustive list or explanation of all risks
which Investors may face when investing in the Token and
should therefore be used as guidance only. Additional risks
and uncertainties relating to the Token, the business of the
Issuer and the industries in which it operates that are not
currently known to the Issuer, or that it currently deems
immaterial, may individually or cumulatively also have a
material adverse effect on the business, prospects, results of
operations and / or financial position of the Issuer and, if any
such risk should occur, the price of the Token may decline and
Investors could lose all or part of their investment. Directors,
Investors, Mother or sister companies of THE HOLDING have
no obligation to help THE HOLDING in case of a bankruptcy.
RISKS RELATED TO BUSINESS OPERATION
Are risks related to a failure of the Issuer to comply with
applicable law, rules and regulations or a change in law, rules
or regulations regardless of the nature of the issuing authority.
The most significant areas of legislation and regulation for the
Issuer refer especially, but not only, to the financial market,
securities, and personal data protection.
POLITICAL RISKS
The authorities of countries where the Issuer operates may
take political decisions or put in place administrative or
bureaucratic provisions that may make it difficult, expensive or
impossible for the Issuer to continue its operation.
The Issuer predominantly operates in countries where political
risk is currently considered acceptable, nevertheless it remains
possible that political decisions or administrative or
bureaucratic provisions could have an adverse effect on the
Issuer’s business, its operational results, financial condition
and the general performance of the Issuer.
RISKS RELATED TO SENSITIVE INFORMATION
The Issuer’s operations rely on confidential, strategic and
other sensitive information and there is a risk that such
information relating to the Issuer may be revealed to
unauthorized persons. If this were to occur, it could have a
negative impact on the Issuer’s business, operational results,
financial condition and the general performance of the Issuer.
RISKS RELATED TO THE PROHIBITION OF DISTRIBUTION
AND DISSEMINATION IN RESTRICTED JURISDICTIONS
The distribution or dissemination of the Token or any part
thereof may be prohibited or restricted by the laws,
rules and regulations of any jurisdiction. In case any restriction
applies, each Investor is responsible to inform themselves
about, and to observe, any restriction which is applicable to
the Investor’s possession of the Token or any part thereof at
its own expenses and without liability to the Issuer. Persons to
whom a copy of this Whitepaper has been distributed or
disseminated, provided access to or who otherwise have this
Whitepaper in their possession shall neither circulate it to any
other persons, reproduce or otherwise distribute this
Whitepaper or any information contained herein for any
purpose whatsoever nor permit or cause the same to occur.
RISKS RELATED TO INTELLECTUAL PROPERTY RIGHTS
The success of the Issuer’s business is, among other things,
dependent on the Issuer being able to protect its intellectual
property rights, including, but not limited to, confidential
information and trade secrets. There can however be no
assurance that the Issuer will be able to protect its patents or
other intellectual property rights from infringement in the
future. In addition, there is the risk that the Issuer may
unknowingly infringe other companies’ intellectual property
rights. Failure to protect the intellectual property rights of the
Issuer and the consequences of the Issuer’s unknowing
infringement of the intellectual property rights of third parties
could have an adverse effect on the Issuer’s business,
operational results, financial condition and the general
performance of the Issuer.
RISKS RELATED TO REPUTATION
The Issuer’s reputation is important for its ability to market its
services and to secure new customers. The Issuer’s success
is largely attributable to its reputation as a leading and reliable
provider of a broad range of products and services. Although
the Issuer closely monitors the quality of its services, there can
be no assurances that the Issuer will be able to protect its
business against damages to its reputation especially, but not
only, vis-à-vis customers, potential customers. Failure to
protect and build the Issuer’s reputation or brand could have
an adverse effect on the Issuer’s business, operational results,
financial condition and the general performance of the Issuer.
RISKS RELATED TO CATASTROPHIC EVENTS,
DISASTERS AND BUSINESS INTERRUPTION
The Issuer’s operations could be negatively affected in several
ways by various catastrophic events and disasters including
terrorist acts, acts of war, armed conflicts, widespread
outbreaks of infectious disease, major natural disasters (such
as earthquakes, hurricanes, tornados, flooding), and other
events (such as power loss, loss of water supply, internet and
telecommunications failures, cyber-crimes, fire and chemical
biological release). Any of these events could also result in
increased volatility in or damage to the Panamanian, the
European and worldwide financial markets and economy.
37
The occurrence of catastrophic events, disasters which,
among other things, could cause business interruption, could
have an adverse effect on the Issuer’s business, operational
results and financial condition and the general performance of
the Issuer.
INFORMATION TECHNOLOGY (IT) RISKS
The Issuer is dependent on a limited number of strategic
partners for its IT-systems. As with all large systems, the
Issuer’s information systems may be vulnerable to a variety of
interruptions, including, but not limited to, those caused by
natural disasters, terrorist attacks, telecommunications
failures, computer viruses, hackers, data theft, espionage and
other security issues and cyber-crimes. In addition, IT-system
failures could adversely affect the Issuer’s ability to produce or
deliver on time. Such IT-system related operational disruption
or security failures therefore expose the Issuer to a significant
level of operational, reputational and financial loss risk, which
could have a negative impact on the Issuer’s business,
operational results, financial condition and the general
performance of the Issuer. This includes any failure or delays
caused by the Ethereum Blockchain and its functionality.
RISKS RELATED TO HARD FORKS
A fork happens when a blockchain is irrecoverably split into
two separate blockchains that have a common past. For
Ethereum, this has happened when “Ethereum Classic” and
“Ethereum” split. In such cases, issuers of security tokens
must specify which of the two chains the binding one is and
there may be confusion about who owns which tokens, in
particular, when the software and services used to interact with
the blockchain follow the “wrong” chain. Forks pose
extraordinary risks and Issuer recommends refraining from
transacting with the blockchain while a fork is in progress.
INSURANCE RISKS
The Issuer may incur costs due to inadequate insurance cover
especially, but not only, in relation to property, business
interruption, liability, transportation, life and pensions. There
can be no assurances that the Issuer in the future will be able
to maintain adequate insurance coverage at acceptable terms.
Furthermore, there can be no assurance that the insurance
coverage obtained will always prove to be sufficient. In
addition, there is generally no or limited insurance coverage
for certain risks such as war, strike, terrorism, explosions and
consequential loss liability. If the level of insurance coverage is
not sufficient in relation to a significant claim or loss then this
could have a negative impact on the Issuer’s business,
operational results, financial condition and the general
performance of the Issuer. If the level of insurance coverage is
not sufficient in relation to a significant claim or loss then this
could have a negative impact on the Issuer’s business,
operational results, financial condition and the general
performance of the Issuer.
RISKS RELATED TO UNETHICAL CONDUCT BY
EMPLOYEES
The ethical behavior of companies and their employees is
increasingly becoming a focus of attention, with stricter laws
and possible sanctions being introduced worldwide in areas
such as anti-corruption, personal data protection law and anti-
trust law. Unethical or illegal conduct or failure to comply with
internal compliance policies by the Issuer’s employees could
cause considerable damage to the Issuer’s reputation and
result in substantial financial sanctions which could have a
negative impact on the Issuer’s business, operational results,
financial condition and the general performance of the Issuer.
RISKS RELATED TO HUMAN CAPITAL
The success of the Issuer’s business is dependent on the
Issuer’s abilities to retain the competence of its key employees
and attract talented employees. There are, however, no
guarantees that the Issuer will be able to retain its key
employees or attract new talent with adequate expertise in the
future. Any inability to attract or retain skilled employees could
have a negative impact on the Issuer’s business, operational
results, financial condition and the general performance of the
Issuer.
LEGAL RISKS / LAWS AND REGULATIONS
There can be no assurance that there will not occur in the
future – or have not occurred in the past any inadvertent or
accidental breach of international or local laws or regulations
by the Issuer. Furthermore, changes in laws or regulations,
including but not limited to those concerning regulatory
requirements, taxes or trade barriers, could have a negative
impact on the Issuer’s business, operational results, financial
condition and the general performance of the Issuer.
RISKS RELATED TO FINANCIAL INSTRUMENTS
The Issuer may from time to time use several financial
instruments, especially, but not only, cash and bank deposits,
trade receivables, bank loans, trade payables and a limited
number of derivative instruments. Derivatives will be used
primarily to hedge currency rates or interest rates. The
Issuer’s holdings of financial instruments are a factor in the
Issuer’s exposure to cash flow risk, currency risk, interest risk,
liquidity risk, refinancing risk, counterparty risk and market risk.
Cash flow risk: The risk that the Issuer’s available cash will not
be sufficient to meet its financial obligations.
Currency risk: The risk that arises from the change in price of
one currency in relation to another.
Interest risk: Changes in interest rates affect the net financial
position of the Issuer and how the value of financial
instruments varies due to changes in market interest rates.
Liquidity risk: The risk that stems from the lack of marketability
of an investment that cannot be bought or sold quickly enough
to prevent or minimize a loss.
Refinancing risk: The risk that the Issuer is unable to replace
an existing loan with a new one at a critical time.
38
Counterparty risk: The risk to each party of a contract that the
counterparty will not live up to its contractual obligations.
Market risk: The risk of an Investor experiencing losses due to
factors that affect the overall performance of the financial
markets in which he or she is involved.
RISKS RELATED TO COMPETITION LAW AND LITIGATION
The Issuer is subject to competition laws and regulations at
national and supranational level. In general, these laws are
designed to preserve free and open competition in the
marketplace to enhance competitiveness and economic
efficiency. There can be no assurance that the Issuer will not
become subject to investigations and proceedings by national
and supranational competition and antitrust authorities, as well
as claims from private third parties, for alleged infringements
of competition or antitrust laws in the future. The Issuer may
also incur costs for the management of litigation, including, but
not limited to, costs in connection with settlements or imposed
penalties. Such investigation claims and costs could have an
adverse effect on the Issuer’s business, operational results,
financial condition and the general performance of the Issuer.
RISKS RELATED TO THE TOKEN
There is no guarantee that the proceeds arising out of a
hypothetical bankruptcy are available for distributions in
accordance with the order of priority will be enough to pay all
amounts due to Investors in respect of the Token.
There is no active trading market for the Token - The Token
issued under the Whitepaper will be a new security which may
not be widely distributed and for which there is currently no
active trading market. If the Token is traded after its initial
issuance, it may be traded at a lower price than its offering
price, depending on prevailing interest rates, the market for
similar securities, general economic conditions and the
financial condition of the Issuer. There is no assurance as to
the development or liquidity of any trading market for the
Token. The Token is unlisted, and the transferability of the
Token is limited.
The Token may be redeemed prior to maturity - In the event
that the Issuer should be obliged to increase the amounts
payable in respect of the Token due to any withholding or
deduction for or on account of, any present or future taxes,
duties, assessments or governmental charges of whatever
nature imposed, levied, collected, withheld or assessed by or
on behalf of the Panamanian government or any political
subdivision thereof or any authority therein or thereof having
power to tax, the Issuer may redeem all outstanding Tokens in
accordance with the Terms of the Token.
The Token may not be a suitable investment for all
Investors - Some Tokens are complex financial instruments.
Sophisticated institutional Investors generally do not purchase
complex financial instruments as stand-alone investments.
They rather purchase complex financial instruments in order to
reduce risks or enhance yield with an understood, measured,
appropriate addition of risks to their overall portfolios. A
potential Investor should not invest in Tokens which are
complex financial instruments unless it has the expertise
(either alone or with a financial adviser) to evaluate how the
Tokens will perform under changing conditions, the resulting
effects on the value of the Tokens and the impact the
investment will have on the potential Investor’s overall
investment portfolio.
Each potential Investor in any Token must determine the
suitability of the investment considering its own personal
circumstances. In particular, each potential Investor should:
have sufficient knowledge and experience to make a
meaningful evaluation of the relevant Token, the merits and
risks of investing in the relevant Token and the information
contained or incorporated by reference in the Whitepaper or
any applicable supplement;
have access to, and knowledge of, appropriate analytical tools
to evaluate, in the context of its particular financial situation, an
investment in the relevant Token and the impact such
investment will have on its overall investment portfolio;
have sufficient financial resources and liquidity to bear all of
the risks of an investment in the relevant Token, including
where principal or interest is payable in one or more
currencies, or where the currency for principal or interest
payments is different from the potential Investor’s currency;
understand thoroughly the terms of the relevant Token and be
familiar with the behavior of any relevant indices and financial
markets; and
be able to evaluate (either alone or with the help of a financial
adviser) possible scenarios for economic, interest rate and
other factors that may affect its investment and its ability to
bear the applicable risks.
Tokens issued at a substantial discount or premium - The
market values of securities issued at a substantial discount or
premium tend to fluctuate more in relation to general changes
in interest rates than prices for conventional interest-bearing
securities do. Generally, the longer the remaining term of the
securities, the greater the price volatility as compared to
conventional interest-bearing securities with comparable
maturities.
Change of law - The conditions of the Token are based on
Panamanian law in effect as at the date of this Whitepaper. No
assurance can be given as to the impact of any possible
judicial decision or change to Panamanian law or
administrative practice or the applications thereof after the
date of this Whitepaper.
The Issuer’s obligations under the Token shall rank impartial
and without preference among themselves. However, as
secured obligations, the Token will, on winding-up or
liquidation of the Issuer, rank senior in priority to any
unsecured obligations of the Issuer. In case the Issuer is
insolvent an Investor may lose all or some of his or her
investment.
39
The Token may not be widely adopted and may have
limited Investors - It is possible that the Token will not be
used by a large number of individuals, companies and other
entities or that there will be limited public interest in the
creation and development of distributed ecosystems more
generally. Such a lack of use or interest could negatively
impact the Issuer and the utility of the Token.
Investors may lack information for monitoring their
holdings - The Investors may not be able to obtain all
information it wants regarding the Issuer and the Token in time
or at all. It is possible that the Investors may not become
aware in time about changes that have occurred with respect
to the token itself or the Issuer. Even if the Issuer made efforts
to use open-source software solutions, this information may be
highly technical by nature. As a result of these difficulties, as
well as of other uncertainties, the Investors may not have
accurate or accessible information about the Token or the
Issuer.
The Token has no history - The Token will be a newly formed
token and has no history. Each Token should be evaluated
considering that the Issuer or any third party’s assessment of
the prospects of the protocol of the Tokens may not prove
accurate, and that the Issuer may not achieve its business
objective.
The acquisition of the Token may involve a high degree of
risk - Financial and operating risks confronting startups are
significant. The startup market in which the Issuer competes is
highly competitive and the percentage of companies that
survive and prosper is small.
Startups often experience unexpected problems in the areas
of product development, marketing, financing, and general
management, among others, which frequently cannot be
solved. In addition, startups may require substantial amounts
of financing, which may not be available through private
placements, public markets or otherwise.
Risks related to dissolution - It is possible that, due to any
reason, including, but not limited to, an unfavorable fluctuation
in the value of cryptographic currencies, the inability by the
Issuer to establish the Token’s utility, the failure of commercial
relationships, or intellectual property ownership challenges,
the Issuer may no longer be viable to operate, and the Issuer
may dissolve or take actions that result in a dissolution.
Malicious cyberattacks or exploitable flaws - The Issuer’s
structural foundation, the software application and other
interfaces or applications built upon the Token and its services
are still at an early development stage and are unproven, and
there are no assurances that the Token and the creation,
transfer or storage of the Token will be uninterrupted or fully
secure, which may result in a complete loss of the Investors or
an unwillingness of users to access, adopt, utilize and build
upon the Token or its protocol.Further, the Issuer may also be
the target of malicious attacks seeking to identify and exploit
weaknesses in the software or
the Issuer, which may result in the loss or theft of the Token.
For example, if the Issuer is subject to unknown and known
security attacks (such as double-spend attacks, 51% attacks,
or other malicious attacks), this may materially and adversely
affect the Issuer. In any such event, if the launching of the
Token is not widely adopted, the Token would have no utility.
Conflict of Interest - There may be occasions when certain
individuals involved in the development of the Token encounter
potential conflicts of interest in connection with the sale of the
Token, and that therefore said individual may avoid a loss, or
even realize a gain, while other Investors are suffering losses.
Investors may also have conflicting tax, and other interests
related to the Token, which may arise from the terms of the
Token, the timing of the launch of the Token, or other factors.
Decisions made by the key employees of the Issuer on such
matters may be more beneficial for some Investors than for
others.
If the Issuer is unable to satisfy data protection, security,
privacy, and other government-and industry-specific
requirements, its growth could be harmed.
There are several data protection, security, privacy and other
government and industry-specific requirements, including
those that require companies to notify individuals of data
security incidents involving certain types of personal data.
Security compromises could harm the Issuer’s reputation,
erode user confidence in the effectiveness of its security
measures negatively impact its ability to attract new users, or
cause existing users to stop using the Token.
Further development and acceptance of blockchain
networks - The growth of the blockchain industry in general,
as well as the blockchain networks on which the Issuer will rely
and with which it will interact, is subject to a high degree of
uncertainty. The factors affecting the further development of
the cryptocurrency industry, as well as blockchain networks,
include, without limitation:
• Worldwide growth in the adoption and use of ETH, and
other blockchain technologies;
• The maintenance and development of the open-source
software protocol of the ETH networks;
• Government and quasi-government regulation of ETH, and
other blockchain assets and their use, or restrictions on or
regulation of access to and operation of blockchain
networks or similar systems;
• The maintenance and development of the open-source
software protocol of the ETH networks;
• Changes in consumer demographics and public tastes and
preferences;
• The availability and popularity of other forms or methods of
buying and selling goods and services, trading assets
including new means of using fiat currencies or existing
networks; or
• General economic conditions and the regulatory
environment relating to cryptocurrencies.
40
A decline in the popularity or acceptance of ETH or other
blockchain-based tokens would adversely affect the Issuer’s
results of operations.
The slowing or stopping of the development, general
acceptance and adoption and usage of blockchain networks
and blockchain assets may deter or delay the acceptance and
adoption of the Token.
The prices of blockchain assets are extremely volatile.
Fluctuations in the price of digital assets could materially and
adversely affect the Issuer’s business.
The prices of blockchain assets such as ETH have historically
been subject to dramatic fluctuations and are highly volatile.
Several factors may influence the utility of the Token,
including, but not limited to:
Global blockchain asset supply;
• Global blockchain asset demand, which can be influenced
by the growth of retail merchants’ and commercial
businesses’ acceptance of blockchain assets like
cryptocurrencies as payment for goods and services, the
security of online blockchain asset exchanges and digital
wallets that hold blockchain assets, the perception that the
use and holding of blockchain assets is safe and secure,
and the regulatory restrictions on their use;
• Investors’ expectations with respect to the rate of inflation;
• Changes in the software, software requirements or
hardware requirements underlying the protocol of the
Token;
• Changes in the rights, obligations, incentives, or rewards for
the various participants in the protocol of the Token;
• Interest rates;
• Currency exchange rates, including the rates at which
digital assets may be exchanged for fiat currencies;
• Monetary policies of governments, trade restrictions,
currency devaluations and revaluations;
• Regulatory measures, if any, that affect the use of
blockchain assets such as the Token;
• The maintenance and development of the open-source
software protocol of the Tokens; or global or regional
political, economic or financial events and situations.
• Regulatory measures, if any, that affect the use of
blockchain assets such as the Token;
• The maintenance and development of the open-source
software protocol of the Tokens; or global or regional
political, economic or financial events and situations.
A decrease in the price of a single blockchain assets may
cause volatility in the entire blockchain asset industry and may
affect other blockchain assets, including the Token. For
example, a security breach that affects the Token Investor’s
confidence in ETH may affect the industry as a whole and may
also cause the utility of the Token and other blockchain assets
to be uncertain.
Loss of private key and risks associated with the wallet - The
Token can only be accessed by using an Ethereum wallet with
a combination of the Investor’s account information and
private key or password. The Token can be lost or stolen if the
private key or password gets lost or stolen.
The Issuer and any of its employees, bodies, or contractors
are not responsible for the wallet to which the Token is
transferred to and they are not responsible for the access and
security of a wallet, for any security breach, any loss resulting
from a service wallet provider, including any termination of
service by the wallet provider and/or bankruptcy of the wallet
provider. Anyone investing in the Token confirms that they
understand the working of a wallet and the related risks.
Lack of consensus of miners - The network of miners is
ultimately in control of the Issuer and there is no warranty or
assurance that the network of miners will allocate the Token to
the Investor as proposed by any terms. The network of miners
could agree at any time to make changes to the Token and to
run a new version of the Smart Contract. A group of people
may take the software and modify it in order to accept a
different set of tokens, or no tokens at all, and therefore might
devalue the Token.
Lack of enforceability and validity of the security - Although the
Issuer shows its best effort in order to enter into a valid and
enforceable pledge that secures the Token, the Issuer does
not guarantee that such pledge is actually valid and
enforceable.
Risks related to blockchain technologies and digital assets -
Regulation of tokens (such as the Token) and token offerings
(such as the offering of the Token), cryptocurrencies,
blockchain technologies, and cryptocurrency exchanges
currently is undeveloped and likely to rapidly evolve, varies
significantly among international, federal, state and local
jurisdictions and is subject to significant uncertainty.
Various legislative and executive bodies in the United States
and in other countries may in the future, adopt laws,
regulations, guidance, or other actions, which may severely
impact the development and growth of the Token and the
adoption and utility of the Token. Failure by the Issuer or
certain Investors of the Token to comply with any laws, rules
and regulations, some of which may not exist yet or are
subject to interpretation and may be subject to change, could
result in a variety of adverse consequences, including civil
penalties and fines.
Blockchain networks also face an uncertain regulatory
landscape in many non-U.S. jurisdictions such as the
European Union, China and Russia. Various non-U.S.
jurisdictions may, in the near future, adopt laws, regulations or
directives that affect the Issuer.
Such laws, regulations or directives may conflict with those of
the U.S. or may directly and negatively impact the Issuer’s
business. The effect of any future regulatory change is
impossible to predict, but such change could be substantial
and materially adverse to the development and growth of the
Issuer and the adoption and utility of Token.
41
 New or changing laws and regulations or interpretations of
existing laws and regulations, in the U.S. and other
jurisdictions, may materially and adversely impact the value of
the ETH virtual currency used to acquire the Token and
otherwise materially and adversely affect the structure of the
Token and the rights of the Investors of Tokens.
Risks related to the market generally - The Token may have
no established trading market when issued, and one may
never develop. If a market does develop, it may not be liquid.
Therefore, Investors may not be able to sell their Tokens easily
or at prices that will provide them with a yield comparable to
similar investments that have a developed secondary market.
This is particularly the case for Tokens that are especially
sensitive to interest rate, currency or market risks, are
designed for specific investment objectives or strategies or
have been structured to meet the investment requirements of
limited categories of Investors. These types of Tokens
generally would have a more limited secondary market and
more price volatility than conventional debt securities. Illiquidity
may have a severely adverse effect on the market value of
Tokens.
Credit ratings may not reflect all risks - One or more
independent credit rating agencies may assign credit ratings to
an issue of Tokens. The ratings may not reflect the potential
impact of all risks related to structure, market, additional
factors discussed above, and other factors that may affect the
value of the Tokens. A credit rating is not a recommendation to
buy, sell or hold securities and may be revised or withdrawn by
the rating agency at any time.
All renders , des igns , m as ter plan ar e f or illus trati v e purpos es only, and s ubj ec t to c hanges or am ends by the developer.
Legal investment considerations may restrict certain
investments - The investment activities of certain Investors
are subject to legal investment laws and regulations, or review
or regulation by certain authorities.
Each potential Investor should consult its legal advisers to
determine whether and to what extent (1) Tokens are legal
investments for it, (2) Tokens can be used as collateral for
various types of borrowing and (3) other restrictions apply to
its purchase or pledge of any Tokens. Financial institutions
should consult their legal advisers or the appropriate regulator.
CAUTIONARY NOTE ON FORWARD LOOKING
STATEMENTS
These risk disclaimers in this Whitepaper may contain forward-
looking statements including, but not limited to, statements as
to future operating results and plans that involve risks and
uncertainties. The words such as “expects”, “anticipates”,
“believes”, “estimates”, the negative of these terms and similar
expressions to identify forward-looking statements.
Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Tokens to
differ materially from any future results, performance or
achievements expressed or implied by those projected in the
forward-looking statements for any reason.
42
AWACOIN.IO
 AWA WELLNESS DEVELOPMENTS

Edificio Vallarino, Floor 3, Office 3B

52th Street and Elvira Méndez
Bella Vista, Financial District
Panama City, Republic of Panama
+507 66 111 333
info@awakecaribbean.com
www.awakecaribbean.com

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