Secure Ledger Identity (“SILC” or the “Company”) is a new company. The Company is not registered with the United States Securities and Exchange Commission, or any other regulatory agency. The Company is not subject to any public reporting or filing, has no operating history for purchasers of SILC Tokens to review.

RISKS

SILC Token Generation Event Risk Factors

You should carefully consider and evaluate each of the following risk factors and all other information contained in the Terms before deciding to participate in the SILC Token Generation Event (the “TGE”). To the best of Secure Ledger Identity Corporation, a Delaware corporation (the “Company”) knowledge and belief, all risk factors which are material to you in making an informed judgment to participate in the TGE have been set out below. If any of the following considerations, uncertainties or material risks develops into actual events, the business, financial position and/or results of operations of the Company and the maintenance and level of usage of the MySecureLedgerSM platform and the SILC Tokens could be materially and adversely affected. In such cases, the potential value of SILC Tokens could decline due to any of these considerations, uncertainties or material risks.

1. RISKS RELATING TO PARTICIPATION IN THE TOKEN GENERATION EVENT

There is no prior market for SILC Tokens and the Token Generating Event (TGE) may not result in an active or liquid market for the SILC Tokens

Prior to the TGE, there has been no public market for the SILC Tokens. The SILC Tokens are not listed on any cryptocurrency exchange and no public market exists for SILC Tokens. There is no assurance that an active or liquid trading market for the SILC Tokens will develop, or if developed, will be sustained. There is also no assurance that the market price of the SILC Tokens will not decline below the original purchase price (the “Purchase Price”). The Purchase Price may not be indicative of the market price of the SILC Tokens.

A SILC Token is not a currency issued by any central bank or national, supra-national or quasi-national organization, nor is it backed by any hard assets or other credit. The Company is not responsible for, nor does it pursue, the circulation and trading of SILC Tokens on the market. Trading of SILC Tokens will merely depend on the consensus on its value between the relevant market participants. No one is obliged to purchase any SILC Token from any holder of the SILC Token, including the purchasers, nor does anyone guarantee the liquidity or market price of SILC Tokens to any extent at any time.

Furthermore, SILC Tokens may not be resold to purchasers who are citizens or permanent residents of Singapore, China, or any other jurisdiction where the purchase of SILC Tokens may be in violation of applicable laws. Accordingly, the Company cannot ensure that there will be any demand or market for SILC Tokens, or that the Purchase Price is indicative of the market price of SILC Tokens.

Future sales or issuance of the SILC Tokens could materially and adversely affect the market price of SILC Tokens.

Any future sale or issuance of the SILC Tokens would increase the supply of SILC Tokens in the market and this may result in a downward price pressure on the SILC Token. The sale or distribution of a significant number of SILC Tokens outside of the TGE (including but not limited to the sales of SILC Tokens undertaken after the completion of the initial crowdsale, issuance of SILC Tokens to persons other than purchasers for purposes of community initiatives, business development, academic research, education and market expansion and issuance of SILC Tokens as a reward to users of the MySecureLedgerSM platform), or the perception that such further sales or issuance may occur, could adversely affect the trading price of the SILC Tokens.

Negative publicity may materially and adversely affect the price of the SILC Tokens

Negative publicity involving the Company, the MySecureLedgerSM platform, the SILC Tokens or any of the key personnel of the Company, and/or regulation of cryptocurrencies in the US or worldwide, may materially and adversely affect the market perception or market price of the SILC Tokens, whether or not it is justified.

We may not be able to pay any anticipated rewards in the future

There is no assurance that there will be sufficient engagement in the MySecureLedgerSM platform such that you will receive any rewards anticipated to be distributed to active users of the MySecureLedgerSM platform. Further, even in the event there is substantial engagement and interactions among the users and the MySecureLedgerSM platform, there is no assurance you personally will receive any part of the rewards. This is because the ability of the Company to pay any reward to you will depend on the future results of operations and the future business and financial condition of the Company, and there is no assurance of the future results of operations and the future business and financial condition of the Company or MySecureLedgerSM.

There is no assurance of any success of MySecureLedgerSM Platform or any Future Business Line

The value of, and demand for, the SILC Tokens hinges heavily on the performance of the MySecureLedgerSM platform and the continuous active engagement of its users and success of its contemplated business lines. There is no assurance that the MySecureLedgerSM platform will gain traction after its launch and achieve any commercial success. Furthermore, there is no assurance that any of the business lines contemplated by the Company will be launched and generate sufficient customer traction. Although the Company has performed several market studies testing the demand for the MySecureLedgerSM platform with relatively positive results, the MySecureLedgerSM platform has not been fully developed and finalized and is subject to further changes, updates, and adjustments prior to its launch. Such changes may result in unexpected and unforeseen effects on its projected appeal to users, possibly due to the failure to meet users’ preconceived expectations based on the beta version, and hence, impact its success. While the Company has made every effort to provide a realistic estimate, there is also no assurance that the cryptocurrencies raised in the TGE will be sufficient for the development of the MySecureLedgerSM platform and/or for the proper structuring and licensing of the Company business lines. For the foregoing or any other reason, the development of the MySecureLedgerSM platform may not be completed as contemplated and there is no assurance that it will be fully launched. As such, distributed SILC Tokens may hold little worth or value.

The funds raised in the Token Generation Event are exposed to risks of theft

The Company will make every effort to ensure that the funds received from the TGE will be securely held in an escrow wallet, which is a multi-signature address with access thereto by private keys held by reputable and trusted parties and that currency in a U.S. bank. Further, upon receipt of the funds, the Company will make every effort to ensure that the funds received by it will be securely held through the implementation of security measures. Notwithstanding such security measures, there is no assurance that there will be no theft of the cryptocurrencies as a result of hacks, sophisticated cyber-attacks, distributed denials of service or errors, vulnerabilities or defects on the TGE website, in the smart contract(s) on which the escrow wallet and the TGE relies, on any other blockchain, or otherwise.

Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. In such event, even if the TGE is completed, the Company may not be able to receive the cryptocurrencies raised and may not be able to use such funds for the development of the MySecureLedgerSM platform. In such case, the launch of the MySecureLedgerSM platform and the structuring and licensing of any future business lines might be temporarily or permanently curtailed. As such, distributed SILC Tokens may hold little worth or value.

2. RISKS RELATING TO THE ESCROW WALLET

The private keys to the escrow wallet may be compromised and the cryptocurrencies may not be able to be disbursed

The escrow wallet is designed to be secure. Each of the holders of the private keys to the escrow wallet will use all reasonable efforts to safeguard their respective keys, but in the unlikely event that any [two (2) of the three (3) keys] to the escrow wallet are, for any reason whatsoever, lost, destroyed or otherwise compromised, the funds held by the escrow wallet may not be able to be retrieved and disbursed, and may be permanently unrecoverable. In such event, even if the TGE is successful, the Company will not be able to receive the funds raised and MySecureLedgerSM will not be able to use such funds for the development of the MySecureLedgerSM platform. As such, distributed SILC Tokens may hold little worth or value.

3. RISKS RELATING TO PLATFORM

The MySecureLedgerSM platform is developed, operated, and maintained by the Company Any events or circumstances which adversely affect the Company or any of its successor operating entities (collectively referred to herein as “SILC Company”) may have a corresponding adverse effect on the MySecureLedgerSM platform and any future business line. Such adverse effects would correspondingly have an impact on the utility, liquidity, and the trading price of the SILC Tokens.

The Company may be materially and adversely affected if it fails to effectively manage its operations as its business develops and evolves, which would have a direct impact on its ability to maintain the MySecureLedgerSM platform and/or launch any future business lines.

The financial technology and cryptocurrency industries in which SILC competes have grown rapidly over the past several years and continue to evolve in response to new technological advances, changing business models, shifting regulations and other factors. As a result of this constantly changing environment, the Company may face operational difficulties in adjusting to the changes, and the sustainability of SILC will depend on its ability to manage its operations, ensure that it hires qualified and competent employees, and provides proper training for its personnel. As its business evolves, SILC must also expand and adapt its operational infrastructure. SILC’s business relies on its blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology. All of these systems, tools, and skillsets represent complex, costly, and rapidly changing technical infrastructure. In order to demonstrate continued ability to effectively manage technical support infrastructure for the MySecureLedgerSM platform, the Company will need to continue to upgrade and improve its data systems and other operational systems, procedures, and controls. [These upgrades and improvements will require a dedication of resources and are likely to be complex may increasingly rely on hosted computer services from third parties that SILC does not control.] If the Company is unable to adapt its systems and organization in a timely, efficient, and cost-effective manner to accommodate changing circumstances, its business, financial condition and results of operations may be adversely affected. If the third parties whom SILC relies on are subject to a security breach or otherwise suffer disruptions that impact the services SILC uses, the integrity and availability of its internal information could be compromised, which may consequently cause the loss of confidential or proprietary information and economic loss. The loss of financial, labor or other resources, and any other adverse effect on the Company’s business, financial condition and operations, would have a direct adverse effect on its ability to maintain the MySecureLedgerSM platform. Any adverse effects affecting the Company’s business or technology are likely to also adversely impact the utility, liquidity, and value of the SILC Tokens.

The Company may experience system failures, unplanned interruptions in its network or services, hardware or software defects, security breaches or other causes that could adversely affect its infrastructure network, and / or the MySecureLedgerSM platform

The Company is not able to anticipate when there would be occurrences of hacks, cyber-attacks, distributed denials of service or errors, vulnerabilities or defects in the MySecureLedgerSM platform, the smart contracts on which the Company, or the MySecureLedgerSM platform relies or on any other blockchain. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. The Company may not be able to detect such hacks, cyber-attacks, distributed denials of service errors vulnerabilities or defects in a timely manner, and may not have sufficient resources to efficiently cope with multiple service incidents happening simultaneously or in rapid succession.

The Company’s network or services, which would include the MySecureLedgerSM platform, could be disrupted by numerous events, including natural disasters, equipment breakdown, network connectivity downtime, power losses, or even intentional disruptions of its services, such as disruptions caused by software viruses or attacks by unauthorized users, some of which are beyond SILC’s control. Although SILC has taken steps against malicious attacks on its appliances or its infrastructure, which are critical for the maintenance of the MySecureLedgerSM platform, there can be no assurance that cyber-attacks, such as distributed denials of service, will not be attempted in the future, that SILC’s enhanced security measures will be effective. The Company may be prone to attacks on its infrastructure intended to steal information about its technology, financial data or user information or take other actions that would be damaging to MySecureLedgerSM and/or holders of the SILC Tokens. Any significant breach of SILC’s security measures or other disruptions resulting in a compromise of the usability, stability, and security of the MySecureLedgerSM platform may adversely affect the utility, liquidity and/or trading price of the SILC Tokens.

The Company’s current infrastructure network is in part established through servers which it owns and houses at the location facilities of third parties, and servers that it rents at data center facilities of third parties. If the Company is unable to renew its data facility lease on commercially reasonable terms or at all, the Company may be required to transfer its servers to a new data center facility, and may incur significant costs and possible service interruption in connection with the relocation. These facilities are also vulnerable to damage or interruption from, among others, natural disasters, arson, terrorist attacks, power losses, and telecommunication failures. Additionally, the third-party providers of such facilities may suffer a breach of security as a result of third-party action, employee error, malfeasance or otherwise, and a third party may obtain unauthorized access to the data in such servers. Inc. and the providers of such facilities may be unable to anticipate these techniques or to implement adequate preventive measures.

General global market and economic conditions may have an adverse impact on SILC’s operating performance, results of operations, and cash flows

The Company has been and could continue to be affected by general global economic and market conditions. Challenging economic conditions worldwide have from time to time, contributed, and may continue to contribute, to slowdowns in the information technology industry at large. Weakness in the economy could have a negative effect on SILC’s business, operations and financial condition, including decreases in revenue and operating cash flows, and inability to attract future equity and/or debt financing on commercially reasonable terms. Additionally, in a down-cycle economic environment, SILC may experience the negative effects of a slowdown in trading and usage of the MySecureLedgerSM platform. Suppliers on which SILC relies for servers, bandwidth, location and other services could also be negatively impacted by economic conditions that, in turn, could have a negative impact on SILC’s operations or expenses. There can be no assurance, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a significant, adverse impact on SILC’s business, financial condition and results of operations, and hence, the MySecureLedgerSM platform. Any such circumstances would then correspondingly negatively impact the utility, liquidity, and/or trading price of the SILC Tokens.

The Company or the SILC Tokens may be affected by newly implemented regulations

Cryptocurrency trading is generally unregulated worldwide, but numerous regulatory authorities across jurisdictions have been outspoken about considering the implementation of regulatory regimes which govern cryptocurrency or cryptocurrency markets. The Company or the SILC Tokens may be affected by newly implemented regulations relating to cryptocurrencies or cryptocurrency markets, including having to take measures to comply with such regulations, or having to deal with queries, notices, requests or enforcement actions by regulatory authorities, which may come at a substantial cost and may also require substantial modifications to the MySecureLedgerSM platform. This may impact the appeal of the MySecureLedgerSM platform and result in decreased usage of the MySecureLedgerSM platform and the SILC Tokens. Further, should the costs (financial or otherwise) of complying with such newly implemented regulations exceed a certain threshold, maintaining the MySecureLedgerSM platform may no longer be commercially viable, and the Company may opt to discontinue the MySecureLedgerSM platform, and/or the SILC Tokens. Further, it is difficult to predict how or whether governments or regulatory authorities may implement any changes to laws and regulations affecting distributed ledger technology and its applications, including the MySecureLedgerSM and the SILC Tokens.

The Company may also have to cease operations in a jurisdiction that makes it illegal to operate in such jurisdiction, or make it commercially unviable or undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction. In scenarios such as the foregoing, the utility, liquidity, and/or value of SILC Tokens will be adversely affected or SILC Tokens may cease to be traded.

There may be unanticipated risks arising from the SILC Tokens

Cryptographic tokens such as the SILC Tokens are a relatively new and dynamic technology. In addition to the risks included in the above discussion of risk factors, there are other risks associated with your purchase, holding, and use of the SILC Tokens, including those that the Company cannot anticipate. Such risks may further appear as unanticipated variations or combinations of the risks discussed above.

4. RISKS RELATING TO HIGHLY SPECULATIVE INVESTMENTS

The valuation of the SILC may not be transparent, and is highly speculative. The SILC Tokens do not hold any ownership rights to SILC, MySecureLedgerSM or the Company’s assets. The SILC Tokens will not be backed by any tangible asset. SILC Tokens are designed for use on the MySecureLedgerSM platform and therefore are speculative as an investment. If a market develops, traded price can fluctuate greatly within a short period of time. There is a high risk that you could lose your entire investment amount. In the worst case scenario, the SILC Tokens could be rendered worthless.

5. RISKS OF MONEY LAUNDERING AND TERRORIST FINANCING

Although SILC believes the fact that it maintains its own blockchain and requires a user authentication process renders the SILC Tokens unlikely to be misused for illegal activities such as money laundering or funding terrorism, you would be adversely affected if law enforcement agencies investigate any alleged illicit activities related to the SILC Token.

WHAT DOES SECURE IDENTITY LEDGER CORPORATION (“SILC”) DO WITH YOUR PERSONAL INFORMATION/ USER DATA? WHAT ARE YOUR OBLIGATIONS?
This Notice describes how we collect, share, and protect your personal information including user data. Please read this notice carefully to understand what we do. When required by law, we will notify you of any changes to this Privacy Policy.

The types of user data we (or our vendors acting on our behalf) collect may include:

-Name (including Username) -Passwords
-Addresses – Email address, Cryptocurrency address, Mailing Address
-Financial Information – the full bank account and routing numbers and/or credit card numbers that you link to your account when you use MySecureLedger.
-Other personal information you choose to provide

Additionally, SILC may de-identify certain user data and, although it will always remain confidential to the public, once de-identified it belongs to SILC. Such user data may include:

-User ID picture
-private blockchain data

When you are no longer our customer, we continue to share your information as described in this notice.

We need to share certain customers' user data to run SILC’s everyday business. When you use MySecureLedger or other services available through SILC’s website, we automatically collect information from your devices. SILC also reserves the right and by purchasing SILC tokens, you have authorized SILC to verify users data or information, as required in accordance with any U.S. or foreign anti-money laundering or similar statutes, and to cooperate with the proper authorities if illegal activity is suspected by a SILC user.

We reserve the right to request certain information and user data from you in connection with your access and use of the MySecureLedger platform, in order to comply all applicable U.S. or foreign laws, or requests from a regulator. This includes the right to request you to unlock your ID picture or other similar identifying information for any reason while using MySecureLedger. As a user of MySecureLedger you must comply with such requests. Failure to comply with such requests will result in your account being locked, access denied.

Any misuse of the MySecureLedger for fraudulent or illegal activities will result in your account being locked, access denied.