..

White paper for crypto-assets other than asset-referenced tokens or e-money tokens


Digital Token Identifier:   LTQ1VLH1X

Offeror or person seeking admission to trading:   254900QNKFR44L9DVD52 - Fabric Protocol Ltd.

Type of submission:   Modify


Table of content

General information

SUMMARY

Part A - Information about offeror or person seeking admission to trading

Part B - Information about issuer, if different from offeror or person seeking admission to trading

Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114

Part D - Information about other token project

Part E - Information about offer to public of other tokens or their admission to trading

Part F - Information about other tokens

Part G - Information on rights and obligations attached to other tokens

Part H – Information on underlying technology

Part I - Information on risks

Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts





[Table 2] Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens


Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens [abstract]

General information



00 Table of content
boolean true true

01 Date of notification
date 2026-02-12

02 Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114
boolean true This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.

03 Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114
boolean true This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.

04 Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114
boolean true The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid

05 Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114
boolean true Not applicable

06 Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114
boolean true The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.

SUMMARY



07 Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114
boolean true Warning

This summary should be read as an introduction to the crypto-asset white paper.

The prospective holder should base any decision to purchase this crypto –asset on the content of the crypto-asset white paper as a whole and not on the summary alone.

The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law.

This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.


08 Characteristics of the crypto-asset
textBlock The ROBO token (the 'Token') will be launched to serve as the native token of the Fabric Protocol (the 'Protocol'), a blockchain-based protocol to coordinate robotics and AI workloads across devices and services. The Token will be deployed as an ERC-20 token on the Ethereum blockchain ('Ethereum').

Token holders will be entitled to a varied set of rights within the Protocol. For instance, Token holders may lock their Tokens for a pre-defined period to obtain veROBO, which represents their voting power within the Protocol governance and allows them to vote on proposals.

The Token will also allow users to access the Protocol's services, such as data exchange, compute tasks, and API calls, by paying the corresponding fees with the Token. While transaction fees may be paid with stablecoins, they will all be settled in the Token.

The Protocol will rely on a set of validators for monitoring and dispute resolutions. Validators will be required to deposit the Token through a high-value bond to participate in the Protocol. In exchange, they will be compensated with the Token, sourced from transaction fees and challenge bounties for successful fraud detection.

Those who provide verified contributions to the Protocol, such as task completion, data provision, and validation work, will be rewarded with the Token. Additionally, Token holders will be able to deposit their Tokens in crowdsourced robot deployment, giving them priority access to Protocol services.

Lastly, robot operators will have to deposit the Token through refundable work bonds as a guarantee of their robots' behaviour. If their robots misbehave, the deposited Tokens will be subject to slashing penalties. Token holders will be able to delegate their Tokens to robot operators, increasing their bonds, which allows them to expand their capacity and accept higher-value tasks.

Any modifications to the Token's characteristics, rights, or obligations are currently managed by the Foundation and its development team. Those changes will be communicated through the Foundation's official channels and documentation.


09 Further information about utility tokens
textBlock Not applicable

10 Key information about the offer to the public or admission to trading
textBlock Fabric Protocol Ltd (the "Person Seeking Admission to Trading") is seeking admission to trading of the Token across multiple trading platforms within the European Union, which have been outlined in greater detail within E.33 of this whitepaper. This approach is structured around second market facilitation rather than primary issuance. No public offering will accompany the trading platform admissions. The focus is rather on promoting market liquidity and price discovery mechanisms for the Token.

Part A - Information about offeror or person seeking admission to trading



A.1 Name
text Fabric Protocol Ltd.

A.2 Legal form
text Company Limited by Shares (en) 6EH6

A.3 Registered address



Registered addess
text Leeward (BVI) Limited, Suite 5, Oleander Building, Port Purcell, VG1110, Tortola, British Virgin Islands

Country
enumeration
Virgin Islands (British)


Sub-division
text Tortola

A.4 Head office



Head office
text Leeward (BVI) Limited, Suite 5, Oleander Building, Port Purcell, VG1110, Tortola, British Virgin Islands

Country
enumeration
Virgin Islands (British)


Sub-division
text Tortola

A.5 Registration date
date 2025-08-29

A.6 Legal entity identifier
LEI 254900QNKFR44L9DVD52

A.7 Another identifier required pursuant to applicable national law
text 2185817

A.8 Contact telephone number
text +852 6063 5639

A.9 E-mail address
text hanjie@fabric.foundation

A.10 Response time (days)
integer 30

A.11 Parent company
text Fabric Foundation

A.12 Members of the management body



Member #1
id 1

Identity
text Hanjie Chen

Business address
text Rough Point, P.O. Box 4203, Mount Healthy, Tortola, VG1110, British Virgin Islands

Function
text Director of the Fabric Foundation which is the sole director of the person seeking admission to trading

Member #2
id 2

Identity
text Shivani Phull

Business address
text Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Function
text Director of the Fabric Foundation which is the sole director of the person seeking admission to trading

A.13 Business activity
textBlock Fabric Protocol Ltd. is responsible for managing all the OpenMind token-related operations. Its core activities include managing token issuance as well as entering into exchange, OTC and market-making agreements.

A.14 Parent company business activity
textBlock The Fabric Foundation serves as the ecosystem's non-profit governance and treasury vehicle. It is responsible for overseeing the long-term development and sustainability of the Project, including the administration of community, ecosystem, and any grant programs.

A.15 Newly established
boolean true

A.16 Financial condition for the past three years
textBlock Not applicable

A.17 Financial condition since registration
textBlock The issuer of ROBO was established towards the end of 2025. Due to its recent establishment, the issuer does not yet have historical financial statements or financial performance data spanning the past three years. At this stage, the issuer has not experienced any significant liquidity challenges, insolvency proceedings, bankruptcy filings, or material adverse events affecting its financial stability or operational solvency.

The issuer has primarily been funded through a revolving loan facility, providing adequate financial resources to support its initial operational expenses, ongoing technological development, and project implementation.

As the issuer advances and becomes operationally mature, relevant financial statements and financial performance data will be prepared and disclosed in accordance with applicable regulatory and compliance standards.


Part B - Information about issuer, if different from offeror or person seeking admission to trading



B.1 Issuer different from offerror or person seeking admission to trading
boolean false

B.2 Name
N/A
.

B.3 Legal form
N/A .

B.4 Registered address

Registered addess
N/A .

Country
N/A .

Sub-division
N/A .

B.5 Head office

Head office
N/A .

Country
N/A .

Sub-division
N/A .

B.6 Registration date
N/A .

B.7 Legal entity identifier
N/A .

B.8 Another identifier required pursuant to applicable national law
N/A .

B.9 Parent company
N/A .

B.10 Members of the management body

Member #1
N/A .

Identity
N/A .

Business address
N/A .

Function
N/A .

B.11 Business activity
N/A .

B.12 Parent company business activity
N/A .

Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114

C.1 Name
N/A .

C.2 Legal form
N/A .

C.3 Registered address

Registered address
N/A .

Country
N/A .

Sub-division
N/A .

C.4 Head office

Head office
N/A .

Country
N/A .

Sub-division
N/A .

C.5 Registration date
N/A .

C.6 Legal entity identifier
N/A .

C.7 Another identifier required pursuant to applicable national law
N/A .

C.8 Parent company
N/A .

C.9 Reason for crypto-asset white paper preparation
N/A .

C.10 Members of the management body

Member #1
N/A .

Identity
N/A .

Business address
N/A .

Function
N/A .

C.11 Operator business activity
N/A .

C.12 Parent company business activity
N/A .

C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
N/A .

C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
N/A .

Part D - Information about other token project



D.1 Crypto-asset project name
text Fabric Protocol

D.2 Crypto-asset name
text Robo Token

D.3 Abbreviation
text ROBO

D.4 Crypto-asset project description
textBlock The Protocol is an open network designed to coordinate robotics and AI workloads across devices and different services. Its main goal is to turn robotics into a shared public infrastructure, where intelligence and skills are open, accountable, and collectively owned. Therefore, the Protocol is designed to coordinate data, computation, and oversight by relying on blockchain technology, while it allows anyone to contribute and be rewarded. The Protocol will be initially launched on Ethereum. However, the long-term vision is to transition to its own L1 blockchain.

The Protocol will involve the following actors:

- Validators: Validators will be in charge of two tasks: routine monitoring, consisting of automated availability and quality checks, and dispute resolutions, consisting of investigating challenges and fraud allegations within the Protocol. To participate as validators, users will have to deposit a certain number of Tokens through a high-value bond. In return, they will be compensated with the Token, sourced from transaction fees and challenge bounties for successful fraud detection. Validators who misbehave, by failing to perform or attempting to manipulate data, will face slashing penalties.
- Robot Operators: They can be both humans and autonomous robots themselves. They will use Tokens to pay for coordination services. For instance, when a robot needs data from another robot or verification of another machine's credentials, it will have to pay for it with the Tokens. Operators will also have to deposit a certain number of Tokens as collateral, through refundable work bonds, for their robot's behaviour. If a robot misbehaves by failing in a task delivery or providing false location data, the operator's deposited Tokens will get slashed.
- Users: They are the ones interacting with the Protocol. Users will need the Token to access the Protocol's services. Additionally, users will be able to deposit the Token in crowdsourced robot deployment, giving them priority access to Protocol services.

The Protocol will rely on a decentralised governance centred on the Token holders. To participate, they will have to lock their Tokens to obtain veROBO, which will represent their voting power. When users lock their Tokens, a voting power multiplier will be applied, with longer locking periods granting greater voting power. Governance proposals may consist of protocol parameter adjustments, quality threshold changes, verification and slashing rule modifications, or protocol upgrades. This means that governance rights are limited to protocol operations and do not extend to control over the Foundation, treasury management beyond protocol-specified rules, or distribution of assets.


D.5 Details of all natural or legal persons involved in implementation of crypto-asset project



Person #1
id 1

Type of person
enumeration
Other person involved in implementation


Name of person
text Hanjie Chen

Business address of person
text Rough Point, P.O. Box 4203, Mount Healthy, Tortola, VG1110

Domicile of company
enumeration
Virgin Islands (British)


Person #2
id 2

Type of person
enumeration
Other person involved in implementation


Name of person
text Shivani Phull

Business address of person
text Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, United Arab Emirates

Domicile of company
enumeration
United Arab Emirates


D.6 Utility token classification
boolean false

D.7 Key features of goods or services for utility token projects
text Not applicable

D.8 Plans for the token



Description of past milestones
textBlock Not applicable

Description of future milestones
textBlock The Token will be launched as an ERC-20 token on Ethereum with a total supply of 10,000,000,000 tokens. The Token will rely on a burning mechanism, designed to burn the Tokens collected from slashing events and part of the Protocol's fees.

The Protocol's development is structured in three phases:

- Prototyping: The Protocol will be deployed on Ethereum. This phase's focus will be on data collection to improve models and developing software to prioritise human-machine alignment and coordination. Where it is possible, the Protocol will reuse existing open-source components.
- Testnet Launch: All needed functionality must have an open-source alternative to increase the stack's resilience. During this phase, the L1 specification must be completed, and the testnet will be launched. Early contributors will be rewarded during this phase.
- L1 Mainnet: The L1 mainnet goes live, with the goal of achieving sustainable operations through L1 gas fees, robot tasking, and service revenue.

The Protocol's 2026 roadmap includes the following quarterly milestones:

- Q1 2026: Deploy the initial components of the Protocol to support robot identity, task settlement, and structured data collection. Begin collecting real-world operational data from active robot usage.
- Q2 2026: Introduce contribution-based incentives tied to verified task execution and data submission. Expand data collection across additional robot platforms and broaden App Store participation among developers.
- Q3 2026: Extend incentives to support more complex tasks and sustained usage. Scale data pipelines to improve coverage and quality. Support multi-robot workflows in selected real-world scenarios.
- Q4 2026: Refine incentive mechanisms and data systems based on performance feedback. Improve reliability, throughput, and operational stability. Prepare the Protocol for larger-scale deployments.
- Beyond 2026: Progress toward a machine-native L1 informed by accumulated data and real-world usage. Support continued expansion of autonomous coordination across robots, data, and skills.

Additionally, the Protocol will execute Token buybacks. Initially, 20% of the Protocol's revenue will be used to acquire the Token in the open market.


D.9 Resource allocation
text ROBO has secured appropriate financial and operational resources to facilitate successful platform development, implementation, and ongoing growth. Adequate funding has been obtained through a revolving loan facility, ensuring robust financial reserves to support initial and future operational expenses.

The ROBO project is supported by a dedicated and multidisciplinary team of specialists, including experts in robotics development, blockchain engineering, decentralised infrastructure integration, cybersecurity, compliance, legal advisory, and strategic marketing.

Technical infrastructure resources, encompassing decentralised infrastructure, cloud computing environments, robotics inference and training resources, and strategic partnerships, have been established to underpin the platform's operational efficiency, scalability, and continued expansion.

These allocated resources position ROBO effectively to achieve the technological and strategic objectives outlined within this crypto-asset whitepaper, ensuring strong project foundations and sustainable future development.


D.10 Planned use of collected funds or other tokens
text The funding has been allocated towards:
- Legal and regulatory structuring for token issuance and exchange listings.
- Development and deployment of the token smart contracts.
- Market maker engagement and exchange listing fees.


Part E - Information about offer to public of other tokens or their admission to trading



E.1 Public offering or admission to trading
enumeration
Admission to trading


E.2 Reasons for public offer or admission to trading
textBlock Fabric Protocol Ltd. is seeking admission to trading of the Token across multiple trading platforms within the European Union, which have been outlined in greater detail within E.33 of this whitepaper. This approach is structured around second market facilitation rather than primary issuance. The focus is rather on promoting market liquidity and price discovery mechanisms for the Token.

E.3 Fundraising target



Target expressed in currency
monetary
EUR

Target expressed in units
decimal


Target expressed in digital token identifier
text


E.4 Minimum subscription goals



Goals expressed in currency
monetary
EUR

Goals expressed in units
decimal


Goals expressed in digital token identifier
text


E.5 Maximum subscription goals



Goasl expressed in currency
monetary
EUR

Goals expressed in units
decimal


Goals expressed in digital token identifier
text


E.6 Oversubscription acceptance
boolean false

E.7 Oversubscription allocation
text Not applicable

Issue price details



E.8 Issue price
decimal


E.9 Official currency determining issue price
enumeration


E.9 Any other tokens determining issue price
text Not applicable

E.10 Subscription fee



Fee expressed in currency
monetary
EUR

Fee expressed in units
decimal


Fee expressed in digital token identifier
text Not applicable

E.11 Offer price determination method
text Not applicable

E.12 Total number of offered or traded other tokens
integer 10000000000

E.13 Targeted holders
enumeration
All types of investors


E.14 Holder restrictions
text The purchase of the Token from EU-regulated Exchanges will be available to all users of such Exchanges. Most trading and exchange services offered by Exchanges are open to retail holders and may be subject to the compliance requirements of the respective Exchange. The Exchanges may impose restrictions on holders of Tokens on their respective Exchanges, in accordance with applicable laws and internal policies.

E.15 Reimbursement notice
boolean true


E.16 Refund mechanism
textBlock Not applicable

E.17 Refund timeline
text Not applicable

E.18 Offer phases
textBlock Not applicable

E.19 Early purchase discount
textBlock Not applicable

E.20 Time-limited offer
boolean false

E.21 Subscription period beginning
date


E.22 Subscription period end
date


E.23 Safeguarding arrangements for offered funds or other tokens
textBlock Not applicable

E.24 Payment methods for other token purchase
textBlock Not applicable

E.25 Value transfer methods for reimbursement
textBlock Not applicable

E.26 Right of withdrawal
textBlock Not applicable

E.27 Transfer of purchased other tokens
textBlock Not applicable

E.28 Transfer time schedule
text Not applicable

E.29 Purchaser's technical requirements
textBlock Technical requirements will be specified by the CASP and may include the following:

- A compatible digital wallet or account on supported exchange;
- Internet access;
- A device (computer or mobile) to manage digital wallet/private key and/or account on exchange to carry out transactions


Other token services provider characteristics



E.30 Other token service provider (CASP) name
text Not applicable

E.31 CASP identifier
LEI


E.32 Placement form
enumeration
Not applicable


Trading platforms characteristics



E.33 Trading platforms name
text Fabric Protocol Ltd. is seeking admission to trading of the Token on several Exchanges, which include but are not limited to the following:

- Binance
- Bybit
- Bitget
- Bitumb
- Bitvavo
- Bitstamp
- Bitpanda
- Coinbase
- Crypto.com
- Gate.io
- Gemini
- Kraken
- Kucoin
- Mexc
- OKX
- Revolut
- Upbit


E.34 Trading platforms market identifier code (MIC)
text Not applicable

E.35 Trading platforms access
text The Exchanges are accessible via their respective websites.

E.36 Involved costs
textBlock The use of services offered by Exchanges may involve costs, including transaction fees, withdrawal fees, and other charges. These costs are determined and set by the respective Exchanges and are not controlled, influenced, or governed by the Person Seeking Admission to Trading. Consequently, any changes to fee structures or the introduction of new costs are solely at the discretion of these platforms.

E.37 Offer expenses
textBlock Not applicable

E.38 Conflicts of interest
textBlock Not applicable

E.39 Applicable law
textBlock Laws of England and Wales

E.40 Competent court
textBlock Arbitration as per the rules of the International Chamber of Commerce

Part F - Information about other tokens



F.1 Crypto-asset type
text The Token is classified as a "crypto-asset other than asset-referenced token or e-money token" under Title II of the Markets in Crypto-Assets Regulation (EU) 2023/1114.

F.2 Other token functionality
textBlock According to the article 3(1)(5) of MiCA, a crypto-asset is a digital representation of a value or of a right that is able to be transferred and stored electronically using distributed ledger technology or similar technology. As reminded by the European Banking Authority ("EBA"), the term 'right' should be interpreted broadly in accordance with recital (2) of MiCA.

The Token qualifies as a crypto-asset within the meaning of MiCA, as it a digital representation of the right to access the Protocol and participate in the Protocol's governance. The Token can be transferred and stored using the distributed ledger technology ("DLT").

The Token facilitates Token holders' interaction with the Protocol by displaying the following functionalities:

- Governance: Token holders will be able to lock their Tokens to obtain veROBO, which represents their voting power, and cast their vote on governance proposals.
- Staking: To participate as validators, it will be required to stake a certain number of Tokens through a high-value bond.
- Payments: Validators will be compensated with the Token in exchange for securing the Protocol. The Token will be used to pay for the Protocol transaction fees for services like data exchange, compute tasks, and API calls. While users will be able to pay transaction fees with stablecoins, they will be settled/converted to the Token through on-chain oracles.
- Rewards: The Token will be used to reward users who provide verified contributions to the Protocol, such as task completion, data provision, and validation work.
- Deposits: Robot operators will have to deposit the Token, through refundable bonds, as a guarantee of their robots' behaviour, subject to slashing penalties if robots misbehave. Moreover, Token holders will be able to deposit their Tokens to crowdsource robots to the network.
- Delegations: Token holders will be able to delegate their tokens to increase operators' bonds, allowing them to increase their capacity to accept high-value tasks.
- Access: Those who participate in robot crowdsourcing will have priority access to Protocol services.


F.3 Planned application of functionalities
textBlock Governance, rewards, and deposits functionalities will be implemented following the Token launch. Staking, payments, delegations, and access will be introduced later.

A description of the characteristics of the other token, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article



F.4 Type of crypto-asset white paper
enumeration
Other crypto-asset token white paper


F.5 Type of submission
enumeration
Modify


F.6 Other token characteristics
textBlock The Token will be launched to serve as the native token of the Protocol, a blockchain-based protocol to coordinate robotics and AI workloads across devices and services. The Token will be deployed as an ERC-20 token on the Ethereum blockchain.

Token holders will be entitled to a varied set of rights within the Protocol. For instance, Token holders may lock their Tokens for a pre-defined period to obtain veROBO, which represents their voting power within the Protocol governance and allows them to vote on proposals.

The Token will also allow users to access the Protocol's services, such as data exchange, compute tasks, and API calls, by paying the corresponding fees with the Token. While transaction fees may be paid with stablecoins, they will all be settled in the Token.

The Protocol will rely on a set of validators for monitoring and dispute resolutions. Validators will be required to deposit the Token through a high-value bond to participate in the Protocol. In exchange, they will be compensated with the Token, sourced from transaction fees and challenge bounties for successful fraud detection.

Those who provide verified contributions to the Protocol, such as task completion, data provision, and validation work, will be rewarded with the Token. Additionally, Token holders will be able to deposit their Tokens in crowdsourced robot deployment, giving them priority access to Protocol services.

Lastly, robot operators will have to deposit the Token through refundable work bonds as a guarantee of their robots' behaviour. If their robots misbehave, the deposited Tokens will be subject to slashing penalties. Token holders will be able to delegate their Tokens to robot operators, increasing their bonds, which allows them to expand their capacity and accept higher-value tasks.

Any modifications to the Token's characteristics, rights, or obligations are currently managed by the Foundation and its development team. Those changes will be communicated through the Foundation's official channels and documentation.


F.7 Commercial name or trading name
text ROBO

F.8 Website of the issuer
text https://fabric.foundation/

F.9 Starting date of offer to the public or admission to trading
date 2026-02-24

F.10 Publication date
date 2026-02-23

F.11 Any other services provided by the issuer
textBlock Not applicable

F.12 Language or languages of white paper
text English

F.13 Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available
text LTQ1VLH1X

F.14 Functionally fungible group digital token identifier, where available
text Not applicable

F.15 Voluntary data flag
boolean false

F.16 Personal data flag
boolean true

F.17 LEI eligibility
boolean true

F.18 Home member state
enumeration
Malta


F.19 Host member states #1
enumerationSet
Austria


F.19 Host member states #2
enumerationSet
Belgium


F.19 Host member states #3
enumerationSet
Bulgaria


F.19 Host member states #4
enumerationSet
Croatia


F.19 Host member states #5
enumerationSet
Cyprus


F.19 Host member states #6
enumerationSet
Czechia


F.19 Host member states #7
enumerationSet
Denmark


F.19 Host member states #8
enumerationSet
Estonia


F.19 Host member states #9
enumerationSet
Finland


F.19 Host member states #10
enumerationSet
France


F.19 Host member states #11
enumerationSet
Germany


F.19 Host member states #12
enumerationSet
Greece


F.19 Host member states #13
enumerationSet
Hungary


F.19 Host member states #14
enumerationSet
Iceland


F.19 Host member states #15
enumerationSet
Ireland


F.19 Host member states #16
enumerationSet
Italy


F.19 Host member states #17
enumerationSet
Latvia


F.19 Host member states #18
enumerationSet
Liechtenstein


F.19 Host member states #19
enumerationSet
Lithuania


F.19 Host member states #20
enumerationSet
Luxembourg


F.19 Host member states #21
enumerationSet
Netherlands


F.19 Host member states #22
enumerationSet
Norway


F.19 Host member states #23
enumerationSet
Poland


F.19 Host member states #24
enumerationSet
Portugal


F.19 Host member states #25
enumerationSet
Romania


F.19 Host member states #26
enumerationSet
Slovakia


F.19 Host member states #27
enumerationSet
Slovenia


F.19 Host member states #28
enumerationSet
Spain


F.19 Host member states #29
enumerationSet
Sweden


Part G - Information on rights and obligations attached to other tokens



G.1 Purchaser rights and obligations
textBlock The Token gives its holders the following rights (and has the following features):

- Governance: Token holders will be able to lock their Tokens to obtain veROBO, which represents their voting power, and cast their vote on governance proposals.

- Payments: The Token will be used to pay for the Protocol transaction fees for services like data exchange, compute tasks, and API calls. While users will be able to pay transaction fees with stablecoins, they will be settled/converted to the Token through on-chain oracles.

- Staking: To participate as validators, users will be required to stake a certain number of Tokens through a high-value bond. Validators will be compensated with the Token in exchange for securing the Protocol.

- Rewards: The Token will be used to reward users who provide verified contributions to the Protocol, such as task completion, data provision, and validation work.

- Deposits: Robot operators will have to deposit the Token through refundable bonds as a guarantee of their robots' behaviour, subject to slashing penalties if robots misbehave. Additionally, Token holders will be able to deposit their Tokens to crowdsource robots to the network.

- Delegations: Token holders will be able to delegate their Tokens to increase operators' bonds, allowing operators to expand their capacity and accept higher-value tasks.

- Access: Those who participate in robot crowdsourcing will have priority access to Protocol services.


G.2 Exercise of rights and obligations
textBlock The rights outlined in Section G.1 may be exercised through the following actions:

- Governance: To exercise their right to participate in the Protocol's governance, Token holders must lock their Tokens for a pre-defined period to obtain veROBO. Then, they will be able to cast their vote on governance proposals.

- Payments: To exercise their right to pay for Protocol transaction fees, Token holders must interact with the Protocol's services, such as data exchange, compute tasks, and API calls. Users may also pay transaction fees with stablecoins, which will be settled/converted to the Token through on-chain oracles.

- Staking: To exercise their right to participate as validators, Token holders must deposit a certain number of Tokens through a high-value bond and perform validation tasks.

- Compensation: To be compensated with the Token, validators will have to correctly and timely perform validation tasks.

- Rewards: To exercise their right to receive Token rewards, users must provide verified contributions to the Protocol, such as completing tasks, providing data, or performing validation work.

- Deposits: To exercise their right to deposit the Token as collateral, Token holders must be robot operators and deposit the Token through refundable work bonds as a guarantee of their robots' behaviour. Additionally, to exercise their right to crowdsource robots, Token holders must deposit their Tokens in crowdsourced robot deployment.

- Delegations: To exercise their right to delegate Tokens, Token holders must select robot operators and delegate their Tokens to increase those operators' bonds.

- Access: To exercise their right to priority access to Protocol services, Token holders must participate in robot crowdsourcing by depositing Tokens in crowdsourced robot deployment.


G.3 Conditions for modifications of rights and obligations
textBlock Any modifications to the Token's characteristics, rights, or obligations are currently managed by the Foundation and its development team. Those changes will be communicated through the Foundation's official channels and documentation.

G.4 Future public offers
textBlock Not applicable

G.5 Issuer retained other token
integer 0

G.6 Utility token classification
boolean false

G.7 Key features of goods or services utility tokens
text Not applicable

G.8 Utility tokens redemption
text Not applicable

G.9 Non-trading request
boolean true

G.10 Other tokens purchase or sale modalities
text Not applicable

G.11 Other tokens transfer restrictions
text Not applicable

G.12 Supply adjustment protocols
boolean false

G.13 Supply adjustment mechanisms
text Not applicable

Other token schemes details



G.14 Token value protection schemes
boolean false

G.15 Token value protection schemes description
textBlock Not applicable

G.16 Compensation schemes
boolean false

G.17 Compensation schemes description
textBlock Not applicable

G.18 Applicable law
textBlock Laws of England and Wales

G.19 Competent court
textBlock Arbitration as per the rules of the International Chamber of Commerce

Part H – Information on underlying technology



H.1 Distributed ledger technology (DTL)
text The Token will be launched on Ethereum under the ERC-20 standard.

H.2 Protocols and technical standards
text The Token will be launched on Ethereum under the ERC-20 standard guaranteeing industry-standard compatibility.

H.3 Technology used
textBlock As an ERC-20 token, the Token will be deployed as a smart contract on Ethereum. Users will be able to manage the Token through their own non-custodial EVM-compatible wallet software provided by third parties or by directly interacting with the Token's smart contract through a third-party API.

H.4 Consensus mechanism
text The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.

H.5 Incentive mechanisms and applicable fees
text The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.

H.6 Use of distributed ledger technology
boolean false

H.7 DLT functionality description
textBlock Not applicable

Other token audit details



H.8 Audit
boolean true

H.9 Audit outcome
textBlock A security audit of the token project was conducted by Fuzzland, whose primary objective was to identify and mitigate potential security vulnerabilities, risks, and coding issues to enhance the project's robustness and reliability. Fuzzland only identified one low severity issue that has since been resolved.

Part I - Information on risks



I.1 Offer-related risks
textBlock The Person Seeking Admission to Trading neither operates, controls, oversees, nor manages the functioning of the Exchanges where the Token will be admitted to trading. The risks outlined below represent a non-exhaustive list of risks inherent to crypto-asset when listed on an Exchange.

- Regulatory Compliance Risks: Although the Token is designed to comply with existing regulations (such as MiCA), evolving regulatory landscapes could impact its classification, trading status, or market/ community acceptance. Changes in regulatory requirements may necessitate modifications to its operation, structure, or governance. Token holders must ensure compliance with local laws, as regulatory treatment of crypto-assets varies across jurisdictions.

- Market Volatility: The Token is subject to extreme price fluctuations, influenced by market speculation, investor sentiment, and broader industry trends. External factors, such as regulatory announcements or technological developments, may further contribute to volatility, potentially leading to financial losses for holders.

- Liquidity Risks: The ability to buy, sell or otherwise transact Tokens depends on activity on decentralised exchanges ("DEXs") and centralised exchanges ("CEXs"). Limited liquidity may result in difficulties executing large trades without significant price impact, increasing the risk of loss.

- Risk of Trading Platforms: When Token holders trade on Exchanges, the Person Seeking Admission to Trading does not act as a contractual party to these transactions. All legal relationships regarding these trading platforms are subject to their respective terms and conditions, with no responsibility assumed by the Person Seeking Admission to Trading for their operations, services, or outcomes.

- Risk of Delisting: There is no guarantee that the Token will remain listed on any exchange. Delisting could significantly hinder the ability to trade Tokens, reducing liquidity and market value.

- Risk of Bankruptcy: The Exchanges where the Token is listed may become insolvent or cease operations, potentially resulting in a loss of access to funds or Tokens.

- Legal Risks: Uncertainties in legal frameworks, regulatory changes, potential lawsuits, or adverse legal rulings could pose significant risks, affecting the legality, usability, or value of the Token.

- Reputational Risks: Negative publicity – whether due to operational failures, security breaches, or associations with illicit activities – could damage the Token issuers' reputation and, by extension, impact the value and acceptance of the Token.

- Investor Vesting Risks: While Tokens allocated to the team and other stakeholders may be subject to a vesting schedule to prevent "rug pulls" and conflicts of interest, the unlocking of Tokens over time could affect supply and demand trends and liquidity.

- Unanticipated Risks: There may be additional risks that cannot be foreseen. Some risks may materialise as unexpected variations or combinations of the factors discussed in this section.


I.2 Issuer-related risks
textBlock N/A - The Issuer is the same as the Person Seeking Admission of the Token to Trading

I.3 Other tokens-related risks
textBlock The risks below represent a non-exhaustive list of risk relating to crypto-assets:

- Market Volatility Risks: The Token's value is highly volatile and may fluctuate due to market speculation, investor sentiment, regulatory developments, and technological advancements. External factors, such as shifting trends in the crypto industry, changing demand for blockchain services, or macroeconomic conditions, could contribute to extreme price fluctuations, potentially leading to total depreciation.

- Speculative Nature: No assurances of future value, performance, or rewards are made regarding the Token. Other than as stated herein within this whitepaper regarding its rights and functions, the Token has no inherent or guaranteed utility beyond its role in the Project, and its valuation depends entirely on user adoption, demand, and community engagement. If adoption of the Project fails to grow as expected, the Token's value may be significantly impacted.

- Liquidity Risks: The ability to trade the Token depends on the level of activity on DEXs and CEXs. Low trading volume may result in difficulties executing large transactions without significant price impact. Limited demand for the Token or the underlying protocol may further reduce liquidity, making it difficult to acquire, sell or otherwise transact with the Token.
Adoption and Network Demand Risks: The long-term success of the Token is dependent on widespread adoption of the Project. Adoption is influenced by various external factors, including user demand, competitive economic conditions, and organic community-driven expansion. The Person Seeking Admission to Trading has no control over the pace of adoption, and there is no guarantee that the Project will gain sufficient traction to sustain its economic model. If demand is too low, obtaining services through the Project may be difficult, while an inadequate supply may lead to delays in accessing services.

- Blockchain Dependency Risks: The Token operates exclusively on its underlying blockchain network. Any disruptions, such as network congestion, downtime, or security vulnerabilities, could impact the ability to transfer, store, or trade the Token. Changes to blockchain infrastructure, governance, or transaction fees may also influence the Token's usability and cost-effectiveness.

- Transaction Costs: While blockchain fees are generally low, network congestion, high demand, or changes in blockchain fee structures may increase transaction costs, potentially reducing the economic viability of using the Token within the Project.

- Security Risks:
- Smart Contract Vulnerabilities: Despite security best practices, unforeseen vulnerabilities in smart contracts could lead to security breaches, impacting Token security or functionality.
- Private Key Management: Token holders are solely responsible for safeguarding their private keys and recovery phrases. Loss of wallet credentials will result in the permanent loss of Tokens, as blockchain transactions are irreversible.
- Scam and Fraud Risks: Token holders are exposed to risks associated with scams, phishing attacks, fake giveaways, impersonation of the Token issuer/offeror or its team, counterfeit Tokens, and fraudulent airdrops. Engaging with unverified third-party platforms or unofficial communications increases the risk of fraud.
- Community and Narrative Risks: The Token's success is closely tied to community interest and the broader crypto narrative. Macroeconomic trends, emerging competitors, or declining community engagement may negatively impact the Token's perceived value and adoption.

- Regulatory and Compliance Risks:
- Evolving Legal Frameworks: Regulations governing crypto-assets differ across jurisdictions and are subject to change. New legal requirements may impact the Token's classification, availability, or functionality.
- Jurisdictional Restrictions: Some jurisdictions may impose restrictions or prohibitions on the trading or use of the Token, limiting its accessibility for certain users.
- Regulatory Harmonisation Risks: A lack of global regulatory alignment may create uncertainty, with some authorities potentially classifying the Token as a security or financial instrument, leading to increased compliance costs and legal obligations.
- Regulatory Enforcement Risks: Government agencies may take enforcement actions against the Token issuer f the Token is deemed an unregistered security or if other financial laws are found to have been violated. Such actions could negatively impact the Token's availability, appeal, and value.

- Anti-Money Laundering ("AML") & Counter-Terrorism Financing ("CTF") Risks: Crypto transactions may be scrutinised for potential links to illicit activities. Authorities may take action against wallets or platforms suspected of facilitating money laundering or terrorist financing, affecting the ability of Token holders to use or trade their assets.

- Taxation Risks: The tax treatment of the Token varies by jurisdiction, and Token holders are solely responsible for understanding and complying with applicable tax laws. Any appreciation, conversion, or sale of the Token may trigger tax obligations that differ depending on the regulatory environment.

-Team Vesting and Token Release Risks: Tokens allocated to the team and other stakeholders may be subject to a vesting and unlock schedule. When these Tokens are vested, unlocked, and released into circulation, they may affect demand trends and liquidity

. Technological Obsolescence Risks: The blockchain and crypto industries evolve rapidly. The emergence of new technologies, changes in market demand, or advancements in competing protocols could render the Token or its underlying blockchain infrastructure less competitive, reducing adoption and utility.

- Software Weakness Risks: The Token's infrastructure relies on relatively new blockchain technologies, which may contain undiscovered bugs, vulnerabilities, or inefficiencies. There is no guarantee that the process of transacting, storing, or interacting with the Token will be uninterrupted or error-free.

- Unanticipated Risks: Beyond the risks outlined above, additional unforeseen risks may emerge due to changes in regulatory, technological, or macroeconomic conditions, potentially affecting the Token's security, functionality, or value.


I.4 Project implementation-related risks
textBlock The Person Seeking Admission to Trading neither operates, controls, oversees, nor manages the technology underlying the Network. While efforts are made to ensure security and stability, blockchain-based technologies are still evolving, and various risks exist. Additionally, the success and sustainability of the project rely on various external factors, including macroeconomic conditions, regulatory developments, and technological advancements.

- Technical Development Risks:
- Smart Contract Issues: Despite robust security measures, unforeseen vulnerabilities or bugs in the smart contracts could disrupt Token distribution, refunds, or vesting mechanisms.
- Blockchain Dependency: The Token operates exclusively on its underlying blockchain. Any network congestion, downtime, or security breaches could impact the project's implementation and functionality.
- Risk of Security Weaknesses in Core Infrastructure: The project relies on open-source software, which may be modified by third parties not directly affiliated with the Issuer. Weaknesses or bugs introduced into the core infrastructure could compromise security and lead to the loss of digital assets. Furthermore, malfunctions or inadequate maintenance of the Network may negatively impact the Token's usability.
- Bugs in Core Blockchain Code: Even with rigorous testing, unknown bugs may exist in the blockchain protocol, potentially leading to disruptions, incorrect transaction processing, or security vulnerabilities.

- Regulatory and Compliance Risks:
- Regulatory Actions in One or More Jurisdictions: The Token and the underlying Project could be impacted by regulatory inquiries or actions, which may restrict further development, implementation, or usage.
- Evolving Laws and Regulations: New and changing laws related to financial securities, consumer protection, data privacy, cybersecurity, and intellectual property could impact the project. Compliance with these laws may require significant resources and could impose additional operational constraints.
- Governance Risk: Decision-making mechanisms in blockchain governance may be inefficient, slow, or disproportionately influenced by specific stakeholders, leading to potential centralisation or unfavourable network changes.

- Operational Risks:
- Resource Allocation: The project's success depends on the issuer of the Token and its core team allocating sufficient resources (both financial and non-financial) to ensure timely development and deployment. Poor resource management could lead to delays or failure to achieve key milestones.
- Team Vesting Risks: While the team's Tokens may be subject to a vesting and unlock schedule to align interests with the community, the eventual vesting and unlocking of these Tokens may impact market stability or long-term commitment from team members.

- Market Adoption Risks:
- Competitive Environment: The crypto industry is highly competitive and trend-driven. There is a risk that the Token may fail to capture sufficient interest, limiting its adoption.
- Community Engagement Risks: The success of the Token depends heavily on community-driven sentiment and engagement. Failure to build or sustain an active community could hinder growth and long-term tradability

- Timeline and Milestone Risks:
- Delayed Milestones: Key deliverables such as Token distribution and liquidity access may face delays due to technical, operational, or funding challenges.
- CEX Listing Risks: Listings on centralised exchanges depend on securing the necessary funding for listing fees and meeting platform-specific requirements. Delays or insufficient resources could postpone broader market/ community access.

- Ecosystem Risks:
- Dependence on External Partners: The project relies on partnerships with infrastructure providers, liquidity providers/ market makers, exchanges and other third-party service providers. Any failure or delay from these partners could disrupt implementation plans.
- Risk of Withdrawing Partners: The Token holder understands that the feasibility of the project depends strongly on the collaboration of service providers and other key stakeholders. A loss of critical partnerships could impact project sustainability.

- Technology and Software Risks:
- Risk of Software Weakness: The Token holder acknowledges that blockchain and smart contract technologies are still evolving. There is no guarantee that Token usage will be uninterrupted or error-free. Vulnerabilities in the underlying blockchain, smart contracts, or supporting technologies could lead to the complete loss of Tokens or their functionality.
- Dependency on Underlying Technology: The Network relies on blockchain infrastructure, hardware, and network connectivity, all of which may be subject to failures, outages, or vulnerabilities.
- Risk of Technological Disruption: The emergence of new technology, such as quantum computing, could undermine the security of blockchain encryption and compromise the integrity of digital assets.

- Network Security Risks:
- Network Attacks and Cybersecurity Threats: Blockchain networks can be vulnerable to cyberattacks such as 51% attacks, Sybil attacks, or distributed denial-of-service ("DDoS") attacks. These threats could disrupt network operations and compromise security.
- Blockchain Network Attacks: The Network may be subject to validation attacks, including double-spend attacks, reorganisations, majority mining power attacks, "vampire" attacks and work race condition attacks. Successful attacks could compromise the proper execution of transactions and smart contracts.

- Privacy and Anonymity Risks:
- Public Ledger Transparency: Blockchain transactions are recorded on a public ledger, which may expose transaction history and financial activity. Certain transactions could be linked to specific wallet addresses, making users vulnerable to fraud, phishing attacks, or targeted scams.

- Economic and Governance Risks:
- Consensus Failures or Forks: Errors in the consensus mechanism could lead to forks, where multiple versions of the ledger coexist, or network halts, reducing trust in the network.
- Economic Self-Sufficiency: The long-term sustainability of the Token ecosystem depends on sufficient transaction volume to generate fees to support rewards for validators, which in turn maintain network security. A lack of adoption could lead to governance-driven changes to monetary policy, fee structures, or consensus mechanisms.
- Incentive Model Risks: Changes to block rewards, staking incentives, or governance models may be required to maintain network participation. Governance decisions could result in modifications that impact Token holders, including inflationary adjustments, transaction fees, or redistribution of rewards.

- Software Weakness Risks:
- Unforeseen Bugs and Security Vulnerabilities: The Token and its supporting infrastructure rely on blockchain technologies that may still be evolving. There is no guarantee that Token transactions will be uninterrupted or error-free. Software vulnerabilities, weaknesses in smart contracts, or infrastructure issues may result in loss of assets, security breaches, or unexpected network failures.

– Unanticipated Risks:
- Unforeseen Regulatory, Technological, or Economic Challenges: In addition to the risks identified, new threats may emerge due to changes in legal, technological, or economic conditions. Developments such as regulatory crackdowns, unforeseen vulnerabilities, or disruptive innovations could impact the usability, security, or value of the Token in ways not currently foreseeable.


I.5 Technology-related risks
textBlock The Person Seeking Admission to Trading neither operates, controls, oversees, nor manages the technology underlying the Network. While efforts are made to ensure security and stability, blockchain-based technologies are still evolving, and various risks exist.

- Blockchain Dependency Risks:
- Network Downtime and Congestion: The Token relies entirely on its underlying blockchain network, which may experience outages, congestion, or downtime. Such events could disrupt Token transfers, trading, or other functionalities.
- Scalability Challenges: As transaction volume grows, the blockchain network may face scaling limitations. Increased congestion could lead to slower transaction processing times and higher fees, reducing efficiency and usability.
- Settlement and Transaction Finality Risks: Blockchain transactions are designed to be irreversible; however, under exceptional circumstances such as network forks or consensus failures, there remains a theoretical risk that transactions could be reversed, or multiple competing ledger versions could persist. Transactions sent to an incorrect address are not recoverable, leading to permanent loss of assets.

- Smart Contract Risks:
- Vulnerabilities: While smart contracts are developed with security measures, undiscovered vulnerabilities or exploits may impact Token security, distribution, or access. Bugs in the contract code may lead to unintended loss of Tokens, unauthorised transactions, or exposure to external attacks.
Immutability Risks: Once deployed, some smart contracts cannot be altered. Errors or security flaws in the code could result in operational failures without the possibility of corrections.
- Security Exploits: Bugs or vulnerabilities in smart contracts may expose the Token ecosystem to potential hacks, allowing attackers to manipulate transactions, drain liquidity, or disrupt contract execution.

- Network Security Risks:
- Risk of Attacks and Forks: The blockchain may be susceptible to consensus-related attacks, such as double-spend attacks, majority validation power takeovers, censorship attacks, or forks. These risks could affect Token transactions, balance integrity, and overall network security.
- Cybercrime and Theft Risks: Despite security efforts, blockchain-based assets and services may be exposed to cyberattacks, including hacking, phishing, or malware threats. Compromised wallets, exchanges, or smart contracts could lead to asset theft, loss of funds, or disruptions in Token functionality.
- Data Corruption Risks: The reliability of blockchain data could be compromised due to software bugs, human error, or deliberate tampering. Such incidents may affect transaction records, network integrity, and user confidence in the system.

Wallet and Storage Risks:
- Private Key Management: Token holders are solely responsible for securing their private keys and recovery phrases. The loss of private keys results in irreversible loss of Tokens, as blockchain transactions are final and cannot be undone.
- Compatibility Issues: The Token is supported only by blockchain-compatible wallets. Incompatibility with specific wallet software, network malfunctions, or wallet provider shutdowns may affect access to and usability of the Token.

- Ecosystem Dependency Risks:
- DEX and CEX Integration Issues: The Token's availability depends on integration with DEXs and CEXs. Technical failures, security breaches, or delisting from these platforms could limit liquidity, disrupt trading, and reduce Network accessibility.
- Reliance on Third-Party Services: Many blockchain services, including wallets, bridges, and oracles, depend on third-party providers. Failures, security breaches, or regulatory actions against these services could negatively affect the functionality of the Token.
- Centralisation Concerns: Although blockchain networks are designed to be decentralised, a small number of validators or node operators could introduce centralisation risks. This may lead to potential censorship, control over transactions, or increased vulnerability to governance attacks.

- Software and Protocol Risks:
- Bugs in Core Blockchain Code: Despite rigorous testing, undiscovered bugs in the core blockchain protocol could lead to network failures, incorrect transaction processing, or security vulnerabilities. A failure to address such issues promptly could result in loss of user confidence and network instability.
- Risk of Technological Disruption: Emerging technologies, such as quantum computing, could potentially compromise blockchain encryption, making networks vulnerable to attacks that could compromise data integrity or enable unauthorised asset transfers.
- Dependency on Underlying Technology: The stability of the Token ecosystem relies on underlying technical infrastructures, including internet connectivity, computing hardware, and cryptographic algorithms. Disruptions in these foundational technologies may impact network security and operational efficiency.

- Privacy and Anonymity Risks:
- Public Ledger Transparency: Blockchain transactions are recorded on a publicly accessible ledger, which may expose sensitive transaction data. While addresses do not directly reveal identities, sophisticated data analysis could potentially link certain transactions to specific individuals or entities.
- Exposure to Fraud and Targeted Attacks: Increased transparency may lead to risks such as phishing, fraud, or unauthorised tracking of user activity by malicious actors. Individuals with significant Token holdings may be targeted for scams or social engineering attacks.

- Economic and Network Viability Risks:
- Economic Self-Sufficiency: The long-term sustainability of the Token ecosystem depends on maintaining sufficient transaction volume to generate rewards for incentivising validators to ensure network security. If network adoption remains low, there is a risk of reduced validator participation, increased transaction costs, or a need for governance-driven changes to monetary policy, fee structures, or consensus mechanisms.
- Incentive Model Risks: Changes to block rewards, staking incentives, or governance models may be required to ensure ongoing network security and sustainability. Governance proposals may introduce modifications that impact Token holders, including inflation adjustments, transaction fees, or redistribution of rewards.

- Software Weakness Risks:
- Unforeseen Bugs and Security Vulnerabilities: The Token and its supporting infrastructure rely on blockchain technologies that may still be evolving. There is no guarantee that Token transactions will be uninterrupted or error-free. Software vulnerabilities, weaknesses in smart contracts, or infrastructure issues may result in loss of assets, security breaches, or unexpected network failures.

- Unanticipated Risks:
- Unforeseen Regulatory, Technological, or Economic Challenges: In addition to the risks identified, new threats may emerge due to changes in legal, technological, or economic conditions. Developments such as regulatory crackdowns, unforeseen Network vulnerabilities, or disruptive innovations could impact the usability, security, or value of the Token in ways not currently foreseeable.


I.6 Mitigation measures
textBlock Not applicable

Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts



J.1 Adverse impacts on climate and other environment-related adverse impacts
textBlock The crypto-asset operates on the Ethereum blockchain, which uses a Proof-of-Stake (PoS) consensus mechanism following The Merge in 2022. PoS replaces energy-intensive mining with validator staking, significantly reducing energy consumption while maintaining network security through economic incentives and penalties.

For the period 24 January 2026 to 24 January 2027, the estimated annual energy consumption attributable to the crypto-asset is 174.23931 kWh, calculated using a conservative bottom-up methodology that allocates a proportion of Ethereum's network energy use based on expected transaction activity. The estimated energy intensity per transaction is 0.00006 kWh.

The estimated share of renewable energy used in network operations is 31.81%, based on node location analysis and publicly available global energy datasets. Scope 1 GHG emissions are negligible, while Scope 2 emissions are estimated at 0.05799 tCO₂e per year, resulting in a GHG intensity of 0.00002 kgCO₂e per transaction.

Overall, the use of Proof-of-Stake materially limits adverse climate and environmental impacts compared to proof-of-work systems. Conservative assumptions have been applied to avoid underestimating potential environmental impacts.


Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism



General information about adverse impacts



S.1 Name
text Fabric Protocol Ltd.

S.2 Relevant legal entity identifier
text 254900QNKFR44L9DVD52

S.3 Name of the crypto-asset
text ROBO

S.4 Consensus mechanism
text The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.

S.5 Incentive mechanisms and applicable fees
text The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.

S.6 Beginning of period to which disclosed information relates
date 2026-01-24

S.7 End of period to which disclosed information relates
date 2027-01-24

Mandatory key indicator



S.8 Energy consumption
energy (kWh)  174.23931

Sources and methodologies



S.9 Energy consumption sources and methodologies
textBlock Since the crypto-asset is not yet been fully implemented at the time of writing the white paper, conservative estimates regarding the expected activity have been made. For the calculation of energy consumptions of the underlying networks, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. To determine the energy consumption of a token, the energy consumption of the networks Ethereum is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the (expected) activity of the crypto-asset within the network. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.

Supplementary information on principal adverse impacts on climate and other environment-related adverse impacts of consensus mechanism



Supplementary key indicators



S.10 Renewable energy consumption
percent 31.8059441814%

S.11 Energy intensity
energy (kWh) 0.00006

S.12 Scope 1 DLT GHG emissions - controlled
GHG emissions (tCO2e) 0.00000

S.13 Scope 2 DLT GHG emissions - purchased
GHG emissions (tCO2e) 0.05799

S.14 GHG intensity
GHG emissions (tCO2e) 0.00002

Sources and methodologies



S.15 Key energy sources and methodologies
textBlock To determine the proportion of renewable energy usage, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal energy cost wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. "Share of electricity generated by renewables - Ember and Energy Institute" [dataset]. Ember, "Yearly Electricity Data Europe"; Ember, "Yearly Electricity Data"; Energy Institute, "Statistical Review of World Energy" [original data]. Retrieved from https://ourworldindata.org/grapher/share-electricity-renewables.

S.16 Key GHG sources and methodologies
textBlock To determine the GHG Emissions, the locations of the nodes are to be determined using public information sites, open-source crawlers and crawlers developed in-house. If no information is available on the geographic distribution of the nodes, reference networks are used which are comparable in terms of their incentivization structure and consensus mechanism. This geo-information is merged with public information from Our World in Data, see citation. The intensity is calculated as the marginal emission wrt. one more transaction. Ember (2025); Energy Institute - Statistical Review of World Energy (2024) - with major processing by Our World in Data. "Carbon intensity of electricity generation - Ember and Energy Institute" [dataset]. Ember, "Yearly Electricity Data Europe"; Ember, "Yearly Electricity Data"; Energy Institute, "Statistical Review of World Energy" [original data]. Retrieved from https://ourworldindata.org/grapher/carbon-intensity-electricity Licenced under CC BY 4.0.

Optional information on principal adverse impacts on the climate and on other environment-related adverse impacts of the consensus mechanism



Optional indicators



S. 17 Energy mix
percent


S.18 Energy use reduction



Energy use reduction target (absolute value)
energy (kWh)


Energy use reduction target (percentage)
percent


S.19 Carbon intensity (kgCO2e/kWh)
decimal


S.20 Scope 3 DLT GHG emissions - value chain
GHG emissions (tCO2e)


S.21 GHG emissions reduction targets or commitments
textBlock


S.22 Generation of waste electrical and electronic equipment (WEEE)
mass (tonnes)


S.23 Non-recycled WEEE ratio
percent


S.24 Generation of hazardous waste
mass (tonnes)


S.25 Generation of waste (all types)
mass (tonnes)


S.26 Non-recycled waste ratio (all types)
percent


S.27 Waste intensity (all types)
mass (tonnes)


S.28 Waste reduction targets or commitments (all types)
textBlock


S.29 Impact of use of equipment on natural resources
textBlock


S.30 Natural resources use reduction targets or commitments
textBlock


S.31 Water use
volume (m3)


S.32 Non recycled water ratio
percent


Sources and methodologies



S.33 Other energy sources and methodologies
textBlock


S.34 Other GHG sources and methodologies
textBlock


S.35 Waste sources and methodologies
textBlock


S.36 Natural resources sources and methodologies
textBlock

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