Based on the ERC-20 standard, ALK token's primary function for network governance and economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation. in the ecosystem on the Alkemi Network, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. ALK is an integral and indispensable part of the Alkemi Network, because without ALK, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the Alkemi Network. Given that additional ALK will be awarded to a user based only on its actual usage, activity and efforts made on the Alkemi Network and/or proportionate to the frequency and volume of transactions, users of the Alkemi Network and/or holders of ALK which did not actively participate will not receive any ALK incentives. ALK does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will ALK entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Canada, Singapore or any relevant jurisdiction. ALK may only be utilised on the Alkemi Network, and ownership of ALK carries no rights, express or implied, other than the right to use ALK as a means to enable usage of and interaction within the Alkemi Network.