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No, the TWO token is not a security, nor does it require the 2Tokens foundation to register with the Dutch Central Bank (DNB), or acquire an e-money license. The 2Tokens foundation is the only issuer and vendor of the token, and it can only be used as a discount voucher for 2Tokens materials and events.

Yes, because this is an experiment, the token will expire at some point. The current date is 31/12/2020. This gives all participants ample time to spend their tokens on the 2Tokens Conference Summit in November, the upcoming masterclasses, foundation memberships, and a myriad of other products.

Should external factors (COVID-19, other) reduce the ability to effectively spend the token, we may extend the expiration date or otherwise do our best to take care that nobody’s money is lost.

Because the token is simply a discounted method of acquiring 2Tokens products, the proceeds of the sale are put towards delivering those products. We expect the token sale to give us insight into attendance and interest in certain events and materials, allowing us to make safer budgetary decisions around things like event locations. This way, the 10% discount benefits you, as well as us, by giving us timely insight into the community’s desires.

In case you have a question that is not mentioned here, please send an email to ferry@2tokens.org. Your question will be answered as soon as possible.