As of the date of publication of this ICO, Next Level Tokens have no known uses, and are not permitted to be sold or otherwise traded on thirdparty exchanges. This ICO does not constitute advice nor a recommendation by the NXL team, agents, advisors or consultants, or any other person to any recipient of this document on the merits of the participation in the Token Sale. Participation in the Token Sale carries substantial risk and may involve special risks that could lead to a loss of all or a substantial portion of such an investment. Do not participate in the Token Sale unless you are prepared to lose the entire amount you allocated to purchasing Next Level Tokens. Next Level Tokens should not be acquired for speculative or investment purposes with the expectation of making a profit or immediate re-sale. No promises of future performance or value are or will be made with respect to Next Level Tokens, including no promise of inherent value, no promise of continuing payments, and no guarantee that Next Level Tokens will hold any particular value. Unless prospective participants fully understand and accept the nature of Next Level Tokens and the potential risks inherent in Next Level Tokens, they should not participate in the Token Sale. Next Level Tokens are not being structured or sold as securities. Next Level Tokens are sold as a functional good and all proceeds received by Next Level may be spent freely by NXL, absent any conditions set out in this ICO. This ICO is not a prospectus or disclosure document and is not an offer to sell, nor the solicitation of any offer to buy any investment or financial instrument in any jurisdiction and should not be treated or relied upon as one. Written authorization is required for distribution of any or all parts contained herein. All information here that is forward looking is speculative in nature and may change in response to numerous outside forces, including technological innovations, regulatory factors, and/or currency fluctuations, including but not limited to the market value of cryptocurrencies. This ICO is for information purposes only and is subject to change. NXL cannot guarantee the accuracy of the statements made or conclusions reached in this document. NXL does not make and expressly disclaims all representations and warranties (whether express or implied by statute or otherwise) whatsoever, including but not limited to: – any representations or warranties relating to merchantability, fitness for a particular purpose, suitability, wage, title or noninfringement; – that the contents of this document are accurate and free from any errors; and – that such contents do not infringe any third party rights. NXL shall have no liability for damages of any kind arising out of the use, reference to or reliance on the contents of this document, even if advised of the possibility of such damages. This ICO may include references to third party data and industry publications. NXL believes that this industry data is accurate and that its estimates and assumptions are reasonable; however, there are no assurances as to the accuracy or completeness of this data. Third party sources generally state the information contained therein has been obtained from sources believed to be reliable; however, there are no assurances as to the accuracy or completeness of included information. Although the data is believed to be reliable, NXL has not independently verified any of the data from third party sources referred to in this ICO or ascertained the underlying assumptions relied upon by such sources. Please note that NXL is in the process of undertaking a legal and regulatory analysis of the functionality of this Next Level Token. Following the conclusion of this analysis, NXL may decide to amend the intended functionality of the Next Level Tokens in order to ensure compliance with any legal or regulatory requirements to which we are subject. In the event that NXL decides to amend the intended functionality of the Next Level Tokens, NXL will update the relevant contents of this ICO and upload the latest version of it to its website. Next Level Tokens could be impacted by regulatory action, including potential restrictions on the ownership, use, or possession of such tokens. Regulators or other circumstances may demand that the mechanics of the Next Level Tokens be altered, all or in part. NXL may revise mechanics to comply with regulatory requirements or other governmental or business obligations. Nevertheless, NXL believes they have taken all commercially reasonable steps to ensure that its planned mechanics are proper and in compliance with currently considered regulations. 26 April, 2021 CAUTION REGARDING FORWARD-LOOKING STATEMENTS This ICO contains forward-looking statements or information (collectively “forward-looking statements”) that relate to NXL’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the 3 negative of these terms, or other similar expressions intended to identify forward-looking statements. NXL has based these forwardlooking statements on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, financial needs, the results of the Token Sale or the value or price stability of the Next Level Tokens. In addition to statements relating to the matters set out here, this ICO contains forward-looking statements related to NXL’s proposed operating model. The model speaks to its objectives only, and is not a forecast, projection or prediction of future results of operations. Forward-looking statements are based on certain assumptions and analysis made by NXL in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. Although the forward-looking statements contained in this ICO are based upon what NXL believes are reasonable assumptions, these risks, uncertainties, assumptions, and other factors could cause NXL’s actual results, performance, achievements, and experience to differ materially from its expectations expressed, implied, or perceived in forward-looking statements. Given such risks, prospective participants in the Token Sale should not place undue reliance on these forward-looking statements. NXL undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this ICO. NXL’s business is subject to various laws and regulations in the countries where it operates or intends to operate. There is a risk that certain activities of NXL may be deemed in violation of any such law or regulation. Penalties for any such potential violation would be unknown. Additionally, changes in applicable laws or regulations or evolving interpretations of existing law could, in certain circumstances, result in increased compliance costs or capital expenditures, which could affect profitability, or impede NXL’s ability to carry on the business model and the Next Level Tokens model proposed in this ICO.