UNION 2.0 Introduction

Overview of UNION 2.0

Transcript

1. DeFy Risk
2. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. DeFi needs Insurance; No one wants it! UNN.Finance 2 $650mm Hacks • $3.8bn in cryptocurrency hacks occurred in 2022. • 2023 is on pace to surpass these numbers. • Euler Finance is among the latest in a long line of hacks to occur in 2023. Euler was exploited for $196 Million in March 2023. CeDeFi Failures • Since 2022, over $70bn lost across various CeDeFi network, protocol and business failings (e.g.: FTX, Celsius, Voyager, Terra). • Close to 90% having insurable circumstances. Importance • Robust protection products are required for continued retail growth and institutional adoption. • As measured by Coinmarketcap.com, the DeFi “Insurance” sector has a Market Cap of ~$600mm, compared to ~$49bn in TVL.
3. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. … because DeFi Protection Protocols Fail! UNN.Finance 3 • Policies are difficult to use and purchase; their value is difficult to understand. • Narrow scope of coverage and centralized teams who must manually assess risks for coverage. • Aggressively levered underwriting capital leads to insolvency. Further use of trading tokens for policy liquidity adds to additional hazards. • Inefficient pricing models. • Insufficient liquidity for demand. • Policy underwriters are trapped in positions for the duration of contracts. • Operational hazards of behaving like unlicensed insurers instead of decentralized match makers. DAOs are not sufficient operating protection for “insurance-lite” offerings. • They fail to pay because of unreliable governance and misaligned adjudication incentives. Issues with Protection Protocols Pricing & Liquidity Issues Operational Hazards & Governance Issues
4. UNION 2.0 is the Solution for Open, Inclusive, Decentralized Finance UNN.Finance PROTECTION YIELD GOVERNANCE EDUCATION ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 4 Alpha Growth Momentum Ascendance • Multi-chain platform built and market tested. • Hard lessons learned. • Core messaging. • Initial partners. • Improve user outreach and retention. • Improve capabilities. • Reinforce strategic partnerships. • Develop team and attract new talent. • Attract capital for underwriting policies. • Expand community through globally local engagement. • Grow user and staked capital base. • Embed functionality and direct partnerships with Layer 1 foundations and ecosystems for safer DeFi. • Deepen policy and industry engagement. • Market leadership. • Major provider to both DeFi and TradFi venues. • Public exit, strategic acquisition? UNION Today 2.0
5. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. • DeFi Lending Platform allows for the use of derivatives to increase borrowing power and manage risks of borrowers and lenders, alike. • Integrates with UNION protection offerings. • For-Crypto, By-Crypto Center of Excellence providing competence modeling, integration, and consulting for data, infrastructure, system, application, and team security. • Specialized social exposure assessment and smart contract audit. • The hUNNy Badger meets the challenges of DeFi head-on! Plays on “honey badger” meme, as a creature of strength, determination, toughness, and singular focus. • Draws engagement. A Deeper Look at Superior Assets UNN.Finance 5 • Contract-by-request pool provides risk reduction and increased loan-to-value for borrowers in lending environments. • Modeled as a standard, binomial-priced, American-style put option. • Event protection, premium-prepaid for term, protects buyers from risks including smart contract exploits, bridge failures, oracle manipulations, and rug pulls. • Policies can be whitelisted, tied to token ownership (for use with NFTs), deployed as souvenir pools, or discount pools (allowing for policy discounts for holding specific tokens). • Mimics behavior of standard models. UNN Collateral Optimization (C-OP) UNN Crypto Default Swaps (U-CDS)
6. UNN.Finance Introducing UNION 2.0 ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 6 • Expand use UNION Brand and hUNNy Badger character as an arbiter of web3 trust and improve engagement through, gamified educational content. • hUNNyBadgerGPT supports user learning and assists in tasks. • Improved multi-lingual experience for the better, informed purchase and easier redemption of policies. • New custom, no-code user policies with specialized trigger events and oracles. • Improved claims processing and adjudication. • Purchased policies and protection pool entitlements can be traded on liquid secondary exchange. • Improved multi-chain architecture and federated, multi-asset cross-chain underwriting pools. • Focus protocol decentralization and resilience. Education & Safety First New Technology & Improved Footprint Enhanced Protection Marketplace • Portfolio analytics and AI-driven recommendations for improving yield from combination of protection and lending products. • Integrations with AMMs to enhance liquidity with support for active and passive management strategies. • hUNNy Badger NFTs are used for trust, verification, credit, and behavior score proxies. • Protocol provides discounts in return for gamified education and skill-enhancing opportunities. • Improved incentives to support voting and consensus. • Simultaneous yield and governance behaviors. • Balanced liquidity across multiple chains. Integrated Yield Generation & Lending NFTs and Soulbound Identity Improved Tokenomics & Liquidity
7. UNN.Finance Retail Users Institutions & Businesses • Ease of hedging and deployment of capital for yield. • Protect against business-specific risk. • Ability to buy and sell risk. • Syndicate policies for commission. • Ease of Access to and Creation of custom Protection Policies and Lending Pools. • Education and discounts on basis of skills and mastery. • Ease of asset recovery. Treasury Managers Protocols, DApps, & L1s • Secure DAO Treasuries against volatility. • Manage and hedge protocol security and risks. • Support for social recovery and account abstraction. • Integrate assets for broader exposure. • Grow revenue using fees and syndicate policies for commissions. • Secure user funds against application failures and malicious actors. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 7 Meet Our Users
8. UNN.Finance UNION PROTOCOL GOVERNANCE TOKEN AUDIT (December 2020) C-OP Audit (March 2021) U-CDS Audit (May 2021) C-OP Audit (April 2021) U-CDS Audit (July 2021) Commitments to Community and Trust Bug Bounty (Since April 2021) 40+ Protection Pools deployed across the Ethereum, Avalanche, Polygon, BSC, Fantom, IOTEX, & Hedera Networks. 10 Whitepaper translated into Arabic, Chinese (Mandarin), French, Korean, Portuguese, Russian, Spanish, Turkish, & Vietnamese 25,000+ Multi-lingual Community Members Across Telegram, Twitter, and Medium 20+ Project Code Repositories 7+ Trading Venues, including Gate.io, Hotbit, LA Token, Uniswap, Balancer, Pangolin, and Dyfn 4,800+ Individual Wallets ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 8
9. 28% 3% 9% 11% 3% 6% 9% 3% 28% $UNN2 OFFERING & DISTRIBUTION UNN V1 Token Swap – 1bn UNN2 MOAR Token Swap – 100mm UNN2 Seed Round – 300mm UNN2 Private Sale 1 – 400mm UNN2 Private Sale 2 – 100mm UNN2 Public Round – 200mm UNN2 Network & Ecosystem – 300mm UNN2 Team & Advisors – 100mm UNN2 Supply Liquidity – 1bn UNN2 UNN.Finance UNION 1.0 • Introduced December 2020 as the first multi-token protection model, which allows token, policies, and pool entitlements to be both independenty held and traded. • Staked tokens allow users to participate in pool revenue. • Launched on Ethereum, bridged as a basic token contract on other chains without reward and voting functionaliy. • EIP-712 related issues complicate cross-chain use scenarios. • Inadequate supply for most cross-chain use and demands. UNION 2.0 • Token called UNION, ticker $UNN2. • Issuance 3.5bn $UNN2 Tokens. • $MOAR and $UNN tokens redeemed and burned upon launch of new protocol. • Better liquidity, rewards and voting to work everywhere bridged, with new participation incentives! • Liquid secondary markets for pUNN and uUNN tokens, with $UNN2-based transaction discounts. • Yield incentives from purchase of pUNN can be paid in a variety of tokens, without the need for staking the pUNN token. Emissions can be earned and cashed out at any time. UNN - UNION Protocol Governance Token is the primary token entitlement uUNN - Protection Policy Token received by purchasers of policies pUNN - Pool Participation Token received by parties staking liquidity to UNION protection pools rUNN - Reward Token provided for staking UNN token UNION 2.0 Improved Multi-Token Protocol ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 9
10. UNN.Finance Experienced professionals from the fields of finance, systems engineering, machine learning, and business strategy. Team members previously worked with and held executive roles at wealth management firms, hedge funds, fintech, and blockchain companies. Michael Beck Project Leader Andrew Matthews Business Dev Jarrod Perry Operations Toby Lewis Advisor David Namdar Advisor Manos Megagiannis CISO Dr. Michael Zargham Technical Advisorr Wan Li Zhu Advisor Mordi Klein Marketing The UNION Team ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 10 John E. Ortega Technical Advisor Blockchain & Cryptocurrency Wealth Management, Finance & Industry Academic Affiliations
11. UNN.Finance Some of Our Partners ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 11
12. UNN.Finance UNION completed a $3.9 Million private funding round in November 2020 via the sale of UNION PROTOCOL GOVERNANCE TOKENS Our Early Supporters ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 12
13. UNN.Finance Pool Transaction Fees. Sanctum Revenue Mattereum Joint Venture MOAR Licensing & Joint Ventures NFT Game Revenue & Transfers MachineFi Integrations REVENUE STREAMS Yield & Policy Origination Revenue Streams ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 13
14. 40% 17% 16% 4% 23% Development Market Activities Marketing, PR & Promotion Legal & Professional Fees Operations & Security UNN.Finance • ~$4 million USD over the next 24 months for the development, deployment, certification and validation of code for network expansion. • ~$1.7 million USD for market-related activities, exchange and protocol liquidity, and new exchange listing. • ~$1.6 million USD for marketing, promotion, and education. • ~$2.7 million USD for Operations, Security, And Legal & Professional Services UNION is seeking $10,000,000 USD for 24 Months of Development Funding, Marketing, and Platform Liquidity, with a pre-seed $1,000,000 note convertible into Seed Round token sale @ 15% Discount. The Ask ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 14
15. UNN.Finance Vision (Strategy) Market Forces (Competition) Pipeline (Demand) Value (Proposition) Objectives & Outcomes Referrals (Relationships) Approach (Execution) Economics (Price/Value) Timing (Bias for Action) Let’s Talk! ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 15
16. DeFy Risk Contact Us ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 16
17. Appendix ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 17
18. • A web3 native platform. • Vetted and audited assets spanning protection, lending, and cybersecurity. • Event risk and collateral value protection products using TradFi industry standard models. • Informed by robust incentives and a multi-token architecture that allows the creation of liquid secondary markets for trading risk. UNN.Finance • Trust we’ve garnered speaks for itself. • We maintain a community of the highest caliber and benefit from its strong endorsement. Why Us? ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 18 Superior Relationships • First to identify the conflict between holding governance and utility as a function of the same trading token. • First to understand the need for flexible sources of liquidity. • First to submit to community audit. • First to embrace multiple language communities. • First to establish gamification and learning resources. • We continue to set the standard! Superior Insight & Engagement Superior Assets • A well-recognized logo and name in DeFi Protection. • Token name U-N-N, derived from UNION’s NOT NEXUS, provides clear positioning in the marketplace. • hUNNy Badger character is relatable property we can build on into education, metaverse and beyond! Superior Brand Superior Capabilities • A composable and scalable architecture from which to build additional features and products. • Strong multi-functional development team and cybersecurity expertise. • Pedigree backgrounds in finance, wealth management, and insurance industries. • Integration with major Layer 1 venues. Superior Team • Team is engaged and ever-present in community and communications channels. • Professionals with demonstrated success in a number of industries, advised by respected industry thought leadership. • Delivered returns for community and stakeholders, with above average performance in peer group.
19. UNN.Finance • The hUNNy Badger NFTs (UNDER DEVELOPMENT) enhance engagement in the UNION Protocol. • hUNNy Badgers BREED, TRAIN, and BATTLE for rewards, with proceeds to the platform being split between NFT holders and UNION, where revenues are used for the repurchase $UNN in the open market. • hUNNy Badgers eat $FÜD (Fear, Uncertainty & Doubt) • Stake hUNNy Badgers to earn $KARMA. Sell $KARMA for $FÜD. Feed your hUNNy Badger to have them generate more $KARMA when staked. TRAIN hUNNy Badgers gain experience, strength, speed, skill, and intelligence points. Badgers with better rankings as result of training perform better in battles. Encourages and reinforces web3 and DeFi education! BREED Breed for a standard breeding fee, shared between the token holder and the platform. A portion of proceeds go to the repurchase of the $UNN token BATTLE Badgers battle for wagers and ownership. Wagers are split between the platform and other NFT collection holders. A portion of revenue collected by the platform go to the repurchase of the $UNN token. Engagement through Gamification ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 19
20. $5mm 10 MC MV/TVL $340mm 15 5 = High Adoption Low Differentiating Value High Adoption High Differentiating Value Low Adoption Low Differentiating Value Low Adoption High Differentiating Value UNN.Finance Our Superior Brand ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 20 In DeFi, the value of a protocol is often judged by its total value locked (TVL) in contracts. Generally Market Capitalization/TVL is very low, suggesting that there is little differentiating value in a protocol apart from the tokens pledged to its purpose. UNION has an abnormally large MC/TVL for a token with sub $1mm MC. We call this Brand Equity – a solid platform for building forward! Adoption Differentiating Value
21. UNN.Finance MOAR 1.0 • MOAR was initially developed as a test-harness within UNION, but released into the market as a next- generation lending platform. • MOAR hacked publicly through oracle manipulation and control reverted to UNION when project runway was given back to victims who had balances out to lend. • Standing commitment to relaunch has been postponed because of platform maintenance expense, uncertainty in launching DeFi Lending in period post failure of a number of CeDeFi yield properties, and lack of core integration. • Current commitments to launch on Ethereum, Glitch, Cellframe, Polygon, Metis, and IoTex UNION 2.0 • MOAR lending capacity integrated directly into UNION Protocol for purpose of increasing Protection Pool yield, as UNION Lend. • Improved portfolio accounting and analysis tools that leverage ML/AI incorporated into UNION tooling, for positions held on or off chain. • Support for tracking asset performance. • Integrations with AMMs for enhanced liquidity with support for flexible management strategies. • Balances of individual tokens or baskets automatically protected on platform using UNION Protection policies. • MOAR in current form available for licensing to generate revenue. MOAR DeFi to UNION Lend ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 21
22. UNN.Finance POWERED BY hUNNyBadgerGPT • Complexity terminology of blockchain, cryptocurrency, and, specifically, DeFi warrants a domain-specific model. • Proprietary large language model (LLM) specifically trained on a wide range of DeFi protocols to support a diverse set of natural language processing (NLP) tasks within the DeFi and cryptocurrency industry. • Expertise trained against cryptocurrency whitepapers, news journals, code repositories, crypto-twitter, and code audits unlocks new opportunity for users by marshalling the vast quantities of information that sit at the nexus of finance and cryptocurrency. • Powers the hUNNy Badger NFTs and advisory systems of the UNION 2.0 Platform, including protocol risk assessment and claim adjudication processes. • Direct access to hUNNy Badger NFT holders tiered to level of skill development and other soulbound attributes. Navigate DeFi with hUNNyBadgerGPT hUNNy Badgers NFTs can improve holder skills and abilities through activities that increase their value for breeding and brawling. These activities drive platform revenue and encourage participation in education and other Badger Badge earning opportunities, helping UNION users to become better and safer at performing DeFi-related activities. hUNNYBadgerGPT supports user learning and assists in tasks. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 22
23. UNN.Finance Protection Seeker Yield Seeker • Deploy capital into protection and lending pools. • Stake passive capital for lending on platform in return for yield and incentives. • Trade risk. • Manage portfolio risk and positions. • Browse multichain Protection Marketplace. • Define a custom Protection Policy. • Claim protection benefits. • Earn revenue shares. Governance Participant Education Seeker • Vote on Protocol direction and proposed outcomes. • Earn revenue through sustained engagement in voting and adjudication of claims. • Recover on-chain accounts. • Develop broader crypto-awareness • Develop reputation in the basis of skills and mastery. • Earn badges that provide discounts on policies, enhanced interest rate benefits, and more… ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 23 UNION 2.0: Primary Use Cases
24. UNN.Finance • Introduction of non-custodial community vaults built around ERC-4626, allow for management of multi-asset Protection Policies and Yield Generation Strategies, without rebase inflation. • Vaults can be permissioned or permissionless for differing requirements for institutions and individuals. • Vault creators set a management and performance fee when establishing vaults. • Any conceivable complex yield strategy can be represented by ERC-4626 vault token and brought back to the platform for portfolio-level protection. • Enables multiple in-house, partner protocol, or community strategies. • Ability to federate cross-chain liquidity. • All chains hosted in a single instance. Multi-Token Vaults ERC-4626 Multi-chain from Ground Up UNION 2.0 Technical Underpinnings ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 24
25. UNN.Finance • Addresses requirements for social recovery of wallets • Removes non-custodial address concerns by giving users a choice of how or who they desire to control their tokens. • Allows for creation of accounts via email. • Users can change their signing keys flexibly without the need to transfer tokens between addresses. • Facilitates prepaid transactions. Account Abstraction ERC-4337 Enhanced NFTs • ERC-4906 NFT Rental • ERC-4973 Account-bound Tokens • ERC-5023 Shareable NFTs • ERC-5192 Minimal Soulbound NFTs • ERC-5604 NFT Lien • ERC-5606 Multiverse NFTs • ERC-5625 NFT Metadata JSON Storage • ERC-5773 Context-Dependent Multi-Asset Tokens • ERC-6150 Hierarchical NFTs • ERC-6454 Minimal Non-Transferable NFTs UNION 2.0 Technical Underpinnings ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 25
26. UNN.Finance UNION 1.0: How We Work ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 26 CEX/DEX Purchase / Trade Receive UNN Rewards and Governance Stake UNN / Vote Receive rUNN Protection Marketplace Buy Cover Receive uUNN Claim Submit Claim Receive Benefit Stake Liquidity Receive pUNN Vote UNN / rUNN Receive Incentive Protection Seeker Yield Seeker Governance Participant • Protection Seekers purchase coverage denominated in stable or floating currencies. Receive uUNN tokens in return. • Yield Seekers underwrite protection policies by staking liquidity using stable or floating currencies. Receive pUNN tokens in return. • Governance Participants acquire our token through secondary exchange and stake our token for rUNN. • Governance Participants vote using UNN or rUNN. • rUNN entitles Governance Participants to receive shares of policy revenue.
27. UNN.Finance Improved Coverage & Underwriting ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 27 • Protection Seekers receive $uUNN tokens that represent their coverages. • $uUNN tokens may be tradeable or require protocol interaction to facilitate transfer. • Users may be allowed to purchase on basis of KYC or ownership of a specific NFT. • Discounts eligible for hUNNy Badger NFT holders. • Automated notifications and roll-overs to prevent coverage gaps. Protection Marketplace Buy Cover Receive uUNN Stake Liquidity Receive pUNN Protection Seeker Yield Seeker • Yield Seekers receive $pUNN tokens that represent the policy liquidity they underwrite. • $pUNN tokens may be tradeable to help remove leverage from risky positions, even while liquidity is deployed and locked in protection policies. • Staking may be limited on basis of KYC or ownership of a specific NFT, depending on characteristics of the pool. • Improved yield through integrated pool and partner incentives. • Use of on/off platform yield opportunities.
28. UNN.Finance Improved Adjudication & Governance ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 28 CEX/DEX Purchase / Trade Receive UNN Rewards and Governance Stake UNN Receive rUNN / Vote Claim Vote rUNN Receive Incentive Governance Participant • Governance Participants acquire $UNN via secondary exchange. • Acquired $UNN must be staked on platform and $rUNN is received. • $rUNN must be staked for all voting and claims incentives. $UNN yield calculations as a function of protocol buyback remain the same. • Only $rUNN staked prior to the origination of a protection policy may be used to vote on the adjudication of claims. • Staked $rUNN can be used to vote across multiple claims at the same time. • $rUNN staked for over 1 year receives an improved weighting in the consideration of votes (i.e.: 1.2 vs 1.0 per $rUNN). • Governance Participants who vote with the prevailing judgement receive a Governance Share of revenue. Parties who develop arbitrary reputations may get slashed after several contrary votes. • $rUNN staked for over 1 year receives an improved weighting (i.e.: 1.2 vs 1.0) in Governance Share participation. • $rUNN balances are paid in the underlying currency of the policies users participate in voting on. • Voting can occur cross chain. Mediation still available through third party services.
29. UNN.Finance What is C-OP? ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. • The UNION Collateral Optimization Policy (C-OP) is a mechanism for establishing price protection for a token. • It is modeled expressly as a binomially-priced, American style put option, written as a DeFi Option Vault. Coverage up to 30 days. • Supported by underwriting in multiple tokens, including $WBTC, $WETH, and $USDC. • Secures balances used as collateral in lending environments, improving loan to value for borrowers, while improving the origination of loans and flexibility of liquidation for lenders. • Preserves value of NFTs and other tokens by establishing price protection should a token’s value drop below a pre- determined price. • 10% of policy premium reverts to the UNION Platform. Additional markups, commissions, and discounts can be applied for affiliates and sponsors. Price Profit Value Protection Profit Max Loss Strike
30. UNN.Finance What is U-CDS? ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. • The UNION Crypto Default Swap (U-CDS) is a mechanism for capturing the value and risk of an event on-chain. • It is modeled expressly using same math that supports the $30tn USD Credit Default Swap market, today. • The U-CDS can be used to issue protections that work in DeFi and TradFi, alike. For terms up to 180 days. • Supported by underwriting in multiple tokens, including $WBTC, $WETH, and $USDC. • Discount factors are calculated from evaluation and audit, and applied over an integral of regular time periods that model either exponential or linear increasing/decreasing, stepped, and constant risk over the life of the protection. • Composable underwriting pools allow for shared, seed liquidity among multiple policies. • 10% of policy premium reverts to the UNION Platform. Additional markups, commissions, and discounts can be applied for affiliates and sponsors. t r(t) t r(t) t r(t) t r(t) t r(t) t r(t) Flexible Risk Models Decreasing Exponential Increasing Exponential Constant Increasing Linear Decreasing Linear Stepped
31. UNN.Finance SANCTUM FC;BC @ Your Command ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. - Infrastructure Support - Smart Contract Audits - SecDevOps Consulting - 3rd Party Risk Exposure - Wallet Recovery - Dark Web/Social Network Surveillance - Penetration Testing - Physical Assessments - Security Audits - Network Assessments - Breach Assessments and After-Action Support Project Support Perimeter Control Readiness Enabling strong operational and information security as a driver for project success.
32. UNN.Finance Mattereum represents a superior approach to linking physical assets to the blockchain using structured metadata and NFTs. With our partner, UNION: - Has demonstrated the ability to create NFT-specific protection pools. - Has specified opportunities for both principal and agent risk that can be addressed uniquely through use of decentralized protection pools. IOTEX is an innovative Layer 1 chain that promises to revolutionize the MachineFi and GameFi industries. With our partner, UNION has: - Been awarded grant funds in excess of $50k. - Released its C-OP and U-CDS policies to the IOTEX Chain - Specified integration with the IOTEX Pebble to enable the automated triggering and payment of UNION protections given IOT inputs. Hedera and its HBAR Foundation bring the promise of a high-volume transaction processing network that is environmentally sustainable to reality. With our partner, UNION has: - Been awarded grant funds in excess of $150K - Released its C-OP and U-CDS policies to the Hedera Chain. - TBD collaborate with HBAR to establish an DeFi Hygiene Fund to be administered using UNION technology. Case Studies – UNION in Action ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 32
33. This Slide Deck, and any sale of Tokens referred to in this Slide Deck, will be subject to and governed by any terms and conditions of purchase of such Tokens. Such terms and conditions of purchase will be delivered by the Company to the prospective Purchaser after its receipt of a completed application form, and the completion of the Company’s AML and KYC procedures (defined below). Where there is any inconsistency between such terms and conditions of purchase and this Slide Deck, the terms and conditions of purchase shall prevail and govern. IMPORTANT NOTICES No regulatory authority has examined or approved any of the information set out in this Slide Deck. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this Slide Deck does not imply that any such applicable laws, regulatory requirements or rules have been complied with. Any person or entity, including anyone acting on its behalf, being based, being a citizen or resident, domiciled, located or incorporated where applicable laws prohibit or restrict distribution or dissemination of the Company’s materials, acquiring Tokens including, but not limited to, the United States of America and any of its lands, The Republic of Panama, the Cayman Islands, New Zealand, Canada, People’s Republic of China, Singapore, Republic of Korea or any other country that prohibits the sale of Tokens shall not acquire Tokens, otherwise such person assumes all the responsibility arising from the continued use of the Tokens. Existing laws on the circulation of securities in certain countries, such as the United States of America, People’s Republic of China, South Korea, Canada and Singapore, may prohibit the sale of the Tokens to the residents of those countries. LEGAL DISCLAIMER LEGAL DISCLAIMER PLEASE READ THIS SECTION (AND THIS SLIDE DECK GENERALLY) CAREFULLY. YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, AND OTHER PROFESSIONAL ADVISOR(S) BEFORE TAKING ANY ACTION IN CONNECTION WITH THIS SLIDE DECK. The information contained in this Slide Deck is not intended to be exhaustive and the statements included in this Slide Deck are not intended to be relied upon or create or form part of a contractual relationship (unless the context otherwise requires). Nothing in this Slide Deck shall be deemed to constitute a prospectus of any sort, a solicitation for investment or investment advice nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This Slide Deck is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors. To the maximum amount permitted by applicable law, each of the Company (collectively, the “Associated Parties” and each an “Associated Party”) expressly disclaim and shall not be liable for any and all responsibility for any direct or any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with (i) the Purchaser’s acceptance of or reliance on any information contained in this Slide Deck, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom. All statements, estimates and financial information contained in this Slide Deck, made in any press releases or in any place accessible by the public and oral statements that may be made by the Company or any Associated Party that are not statements of historical fact, constitute “forward-looking statements”. Nothing contained in this Slide Deck is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of the Company. Further, the Company disclaims any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future. ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 33
34. This Slide Deck does not constitute an offer of the Tokens to the members of the Public in the United States of America and in the Republic of Panama. “Public” for these purposes does not include a sophisticated person, a high net worth person, a company, partnership or trust of which the shareholders, unit holders or limited partners are each a sophisticated person, a high net worth person any exempted or ordinary non-resident company registered under the Companies Law (2020 Revision) or a foreign company registered pursuant to Part IX of the Companies Law (2020 Revision) or any such company acting as general partner of a partnership registered pursuant to the provisions of the Exempted Limited Partnership Law (2018 Revision) or any director or officer of the same acting in such capacity or the Trustee of any trust registered or capable of registering pursuant to the provisions of the Trusts Law (as Revised). DISCLOSURES REGARDING THIS SLIDE DECK Accuracy of Information, No Consent of Parties Referenced in Slide Deck. This Slide Deck includes market and industry information and forecasts that have been obtained from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Such surveys, reports, studies, market research, publicly available information and publications generally state that the information that they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. The Company may provide hyperlinks to websites of entities mentioned in this Slide Deck, but the inclusion of a link does not imply that the Company endorses, recommends or approves any material on the linked page or accessible from it. Such linked websites are accessed entirely at the prospective Purchaser’s own risk. The Company accepts no responsibility whatsoever for any such material, or for consequences of its use. Save for the Company and its respective directors, executive officers and employees, no person has provided his or her consent to the inclusion of his or her name and/or other information attributed or perceived to be attributed to such person in connection therewith in this Slide Deck and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information by such person and such persons shall not be obliged to provide any updates on the same. Neither the Company nor any of the Associated Parties has conducted any independent review of the information extracted from third party sources, verified the accuracy or completeness of such information or ascertained the underlying economic assumptions relied upon therein. Consequently, neither the Company nor its directors, executive officers and employees acting on its behalf makes any representation or warranty as to the accuracy or completeness of such information and shall not be obliged to provide any updates on the same. Terms Used To facilitate a better understanding of the Tokens being offered by the Company for purchase, and the businesses and operations of the Company, certain technical terms and abbreviations, as well as, in certain instances, their descriptions, have been used in this Slide Deck. These descriptions and assigned meanings should not be treated as being definitive of their meanings and may not correspond to standard industry meanings or usage. In this Slide Deck, words importing the singular shall, where applicable, include the plural and vice versa and words importing the masculine gender shall, where applicable, include the feminine and neuter genders and vice versa. References to persons shall include corporations. References to any law or regulation shall include references to any statutory modification or re-enactment thereof. LEGAL DISCLAIMER ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 34
35. Forward Looking Statements All statements, estimates and financial information contained in this Slide Deck, made in any press releases or in any place accessible by the public and oral statements that may be made by the Company or any Associated Party that are not statements of historical fact, constitute “forward-looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding the Company’s financial position, business strategies, plans and prospects and the future prospects of the industry which the Company is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to the Company’s revenue and profitability, prospects, future plans, other expected industry trends and other matters discussed in this Slide Deck regarding the Company are matters that are not historic facts, but only predictions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual events or results, performance or achievements to differ materially from the estimates or the results implied or expressed in such forward-looking statements. These factors include, amongst others: • changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which the Company conducts its respective businesses and operations; • the risk that the Company may be unable to execute or implement its business strategies and future plans; • changes in interest rates and exchange rates of fiat currencies and cryptocurrencies; • changes in the anticipated growth strategies and expected internal growth of the Company; • changes in the availability and fees payable to the Company in connection with its respective businesses and operations; • changes in the availability and salaries of employees who are required by the Company to operate the respective businesses and operations; • changes in preferences of the customers of the Company; • changes in competitive conditions under which the Company operates, and the ability of the Company to compete under such conditions; • changes in the future capital needs of the Company and the availability of financing and capital to fund such needs; • war or acts of international or domestic terrorism; • occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of the Company; • other factors beyond the control of the Company; and • any risks or uncertainties associated with the Company and its business and operations, the Tokens, the Token Launch, and the underlying assets (each as referred to in this Slide Deck). Nothing contained in this Slide Deck is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of the Company. Further, the Company disclaims any responsibility to update any of those forward- looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future. LEGAL DISCLAIMER ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 35
36. No further information or update. No person has been or is authorized to give any information or representation not contained in this Slide Deck in connection with the Company and its business and operations, the Tokens, the Token Launch and the underlying assets (each as referred to in the Slide Deck) and, if given, such information or representation must not be relied upon as having been authorized by or on behalf of the Company. The Token Launch (as referred to in this Slide Deck) shall not, under any circumstances, constitute a continuing representation or create any suggestion or implication that there has been no change, or development reasonably likely to involve a material change in the affairs, conditions and prospects of the Company or in any statement of fact or information contained in this Slide Deck since the date hereof. Restrictions on Distribution and Dissemination of Slide Deck. The distribution or dissemination of this Slide Deck or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of this Slide Deck or such part thereof (as the case may be) at your own expense and without liability to the Company or the Associated Persons. Persons to whom a copy of this Slide Deck has been distributed or disseminated, provided access to or who otherwise have the Slide Deck in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Slide Deck or any information contained herein for any purpose whatsoever nor permit or cause the same to occur. Language of Slide Deck. This Slide Deck may have been prepared in multiple languages. In the event of any inconsistencies between one version and another, the English language version shall prevail. LEGAL DISCLAIMER ©2023 UNION PROTOCOL LABS. Proprietary & Confidential. All Rights Reserved. 36