Legal
The notices below apply to everything published on npkn.com, including the White Paper v6.0 and every page of this site. Please read them in full.
No offer, no solicitation.
This website and all materials on it, including the $NPKN White Paper, are provided for informational purposes only. Nothing on this website constitutes an offer to sell, or a solicitation of an offer to buy, any security, token, or other financial instrument in any jurisdiction.
Any offer of $NPKN will be made solely by means of an approved prospectus, an offering memorandum, or another applicable exemption from registration or prospectus requirements, and only in jurisdictions where such an offer is lawful. No purchase decision should be made on the basis of this website.
This website contains forward-looking statements, including financial projections, acquisition targets, and descriptions of intended future products such as RSX. That involve known and unknown risks and uncertainties. Actual results may differ materially, and no representation or warranty is made as to their achievement.
Nothing on this website constitutes investment, legal, accounting, or tax advice. Prospective participants should consult their own professional advisors before making any decision. Napkin Group AG undertakes no obligation to update the materials on this website.
Read before relying.
$NPKN is a security and is treated as one. The token is designed as the digital form of a registered common share, issued under securities law rather than around it. It is described throughout this site on that basis.
Distribution lanes are subject to approvals. The intended distribution framework. An EU prospectus, a British Columbia offering memorandum, US private placements under Regulation D Rule 506(c), and offshore distribution under Regulation S: describes intent, not completed approvals. Each lane is subject to the review, approval, or qualification of the relevant regulators and may change in scope, sequence, or availability.
Nothing on this site is marketing of a specific offer. Pages describing the token, the Engine, the roadmap, or RSX are descriptions of a program under development. Where a lawful offer is later made, it will be made through its own approved offering documents, and those documents alone will govern.
RSX is future tense. The Revenue Share Exchange is an intended future product. It is not offered, priced, or promised, and no $NPKN purchase decision should be based on it.
Defined terms.
Key defined terms used across this website and the White Paper (Appendix C):
| Term | Meaning |
|---|---|
| NPKN | Tokenized common share of Napkin 2.0 (NewCo), the company that owns the machine |
| RSX | Future Revenue Share Exchange protocol and its working token |
| The Engine | Capital-return policy: hard-coded FCF split into cancellations, tenders, dividends |
| Attested NAV | Net asset value per share verified by ISAE 3000 attestation, published on-chain |
| Terminal Supply | Published burn target of 500,000,000 NPKN |
| sNPKN | ERC-4626 staked NPKN; yield paid in stablecoins from the Engine |
| ERC-3643 | Permissioned security-token standard (T-REX) with ERC-20 interface |
| TVTG | Liechtenstein Blockchain Act; makes the token the legal carrier of the right |
| OM Exemption | NI 45-106 s.2.9(1); BC's uncapped offering-memorandum retail exemption |
| PRIIPs KID | EU Key Information Document required for retail investment products |
| DLT TSS | Licensed DLT Trading & Settlement System under the EU DLT Pilot (e.g. 21X) |
| MAR | EU Market Abuse Regulation; applies to Napkin via the Vienna bond listing |