ELEMENTAL STORY WORLD Terms of Service (For Users)
Article 1. Purpose
These Terms of Use (these “Terms”) set out the conditions for use of “ELEMENTAL STORYWORLD,” a blockchain game operated and provided by EPOCH FACTORY PTE. LTD. (the“Company”) and services associated therewith, and also set out the relationship of rights andobligations between users and the Company.
Article 2. Definitions
Definitions of terms used in these Terms shall be as follows:(1) “NFT” refers to a non-fungible token or similar digital item that is generated on theblockchain.
(2) “Wallet” refers to the system for managing private keys to transfer crypto-assets and NFTs
that are traded using blockchain technology.
(3) “User” refers to a person who has agreed to this Agreement as a user of this service.
(4) “Intellectual property rights” refers to copyrights, patents, utility model rights, trademarks,
design rights, portrait rights, publicity rights and other intellectual property rights (including
rights to acquire such rights or to apply for registration of such rights).
(5) “Anti-social force” refers to any of the following person, entity, or organization:(i)
An organized crime group, member of an organized crime group, a person who
ceased to be a member of an organized crime group less than five years ago, aquasi-member of an organized crime group, an organized crime group relatedcompany, a corporate racketeer (sokaiya), a blackmailer advocating social cause, aspecial intelligence organized crime group, or a member of other organized crimegroup similar to any of the foregoing;(ii) An entity or corporation in whose management an anti-social force is substantiallyinvolved ;(iii) A person having such relationship with an organized crime group that shows relianceon the organized crime group for the purpose of unfairly benefiting itself or third
parties, or of damaging third parties; or(iv) A person having such relationship with a member of an organized crime group thatshows provision of funds, benefits or services from the person to the member of theorganized crime group.
(6) “ELEMENTAL STORY WORLD NFT” refers to the NFT the Company issues for theService.
(7) “Agreement” refers to the contract between the Company and a User for the use of theService in accordance with the terms and conditions of these Terms.
(8) “Service” refers to “ELEMENTAL STORY WORLD” and services associated therewith.
(9) “Service Website” refers to the website the Company operates for the Service.
(10)“Product” refers to all data the Company sells to Users in the Service (including but notlimited to ELEMENTAL STORY WORLD NFTs).
(11)“Product Purchaser” refers to any User who purchases a Product through the Service.
(12)“User Page” refers to the web page established within the Service Website for Users tomanage their own registration information, and to view and manage the Product they havepurchased.
(13)“PGT” refers to a governance token the Company issues, which can be used on the Service.
(14)“UXE” refers to a utility token the Company issues, which can be used on the Service.
(15)“Marketplace” refers to the place where ELEMENTAL STORY WORLD NFTs are tradedon the Service the Company operates.
Article 3. Purpose and Scope of these Terms
1. These Terms shall apply to any and all relationships between Users and the Company
concerning the use of the Service.
2. The terms and conditions regarding the use of the Service that are separately specified by1the Company in addition to these Terms, and any other policies, rules and guidelines, etc.
that the Company may publish from time to time regarding the use of the Service (the“Additional Policies”) shall form and constitute a part of these Terms, regardless of thename thereof. In the event of any inconsistency between these Terms and the Additional
Policies, the Additional Policies shall take precedence.
Article 4. Account Registration by User
1. Upon agreeing to these Terms, a User may apply for an account registration for the use of
the Service by providing the Company with necessary account registration information
specified by the Company (the “Registration Information”) in accordance with theprocedures established by the Company.
2. When applying for an account registration, a User must provide true, correct and complete
Registration Information, and make amendments to ensure it is always up-to-date.
3. The Company may refuse an application by a User for account registration if:(1) the Registration Information the User provided to the Company contains inaccurate
or false information;(2) the User is a minor, adult ward, a person under curatorship, or a person underassistance who has not obtained the approval, etc. of his/her legal representative,
guardian, curator, or assistant;(3) the Company has suspended the User from using the Service for a violation of theseTerms or otherwise;(4) the User has committed or the Company determines that the User may be likely tocommit, an act that hinders or interferes with the Company’s operation or provisionof the Service, or the use of the Service by other Users;(5) the User falls under the category of Anti-social forces;(6) the User violates or the Company determines that the User is likely to violate any of
the representations and warranties in Article 13;(7) the Company determines that the User may use the Service for fraudulent or othercriminal acts;(8) the Company determines that the User may use the Service in any manner that
violates this Agreement; or(9) the Company otherwise reasonably determines that it is inappropriate to register theaccount.
4. Users shall promptly notify the Company of any change to their Registration Information in
the manner specified by the Company. The Company shall not be liable for any
disadvantage incurred by the Users as a result of the failure to notify the Company of suchchange. Even if a User subsequently notifies the Company of any change to his/her
Registration Information, the Company may rely on the information which does not reflect
the change thereto notified by the User to process transactions or procedures the User
completed before having notified the Company of the change.
Article 5. Account Management
1. Once a User has registered for an account, the User shall strictly control and store theinformation, etc. to log into his/her account (the “Account Information”), and shall notallow a third party to use, or lend, assign, transfer or sell the Account Information. The User
shall be responsible for any damage caused by inadequate management, error in use or use
by a third party of the Account Information, and the Company shall not be liable for any
such loss or damage.
2. The Company may deem any activity conducted using a User’s Account Information as theUser's own activity, in which case the User shall assume any and all responsibility resulting
from such activity.
3. If a User discovers that the Account Information is stolen or divulged, or is used by a third
party, the User shall immediately notify the Company thereof and follow the Company’s
instructions. If the Company or any third party suffers any damage due to theft or leakage
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of, or unauthorized use of or access to the User’s Account Information by a third party, theUser shall compensate the Company and a relevant third party for such damage, unlesscaused by wilful misconduct or gross negligence on the part of the Company.
4. Even if a User suffers any damage, including theft, loss or unavailability of crypto-assets or
NFTs (including ELEMENTAL STORY WORLD NFTs) in his/her own-managed wallet
due to failure or loss of, or malware, spyware, virus, hacking, clacking or other attack by athird party to, the User’s communication device(s), or inadequate management, error in use
or use by a third party of the Account Information, etc., the Company shall not be liable inany way unless there is wilful misconduct or gross negligence on the part of the Company.
5. When a User changes his/her communication device in which his/her account is used,in-game points and other data can be migrated to a new communication device by following
the migration procedures as described in the game. If a User fails to follow the migration
procedures described in the game, data cannot be mitigated.
6. Users must understand and accept in advance that if they fail to follow the migration
procedures mentioned in the preceding paragraph, any and all data such as in-game points
they have purchased or earned while playing the game might be extinguished without priornotice to them
7. Users shall not register multiple accounts to use the Service. If the Company confirms thatthe user has registered multiple accounts to use the Service, the Company will suspend all
the accounts registered by the user without any notice to the user. The user shall be
responsible for any damages caused by the suspension of such accounts, and the Company
shall not be liable for any such damages..
8. Users shall not use the Service by logging in with multiple devices at the same time under asingle account. If a user wishes to use an account on more than one device, the user mustterminate the use of the Service on the other device before logging into the account on adifferent device.
9. The Company may remove a User’s account without prior notice to the User if one year or
more has passed since the last access to the account.
10. All Users’ rights of use in relation to the Service will be extinguished once their account isremoved for any reason whatsoever. Even if a User removes his/her own account by
mistake, the account cannot be restored.
Article 6. User Page
1. All the information to be posted by a User on the User Page in the Service (the“User-Posted Information”) shall be posted with the full understanding that it will beaccessed and viewed by an unspecified majority of Users of the Service. The User who has
posted the User-Posted Information shall be fully responsible for the same.
2. Users are not allowed to post any information that:(1) is illegal, wrongful or harmful;(2) is in violation of these Terms;(3) is contrary to public order or morals;(4) damages the reputation or credibility of other people;(5) infringes privacy, intellectual property or other rights of other people;(6) is threatening, abusive, harassing, slanderous, defamatory, brutal, violent, obscene or
pornographic;(7) is false or fraudulent;(8) is misleading;(9) is discriminatory or prejudicial; or(10) the Company otherwise determines inappropriate.
3. If any User-Posted Information violates these Terms or the Company otherwise determines
it inappropriate, the Company may delete the User-Posted Information, restrict the Userfrom posting information, or suspend the display of the User Page of the User without priornotice to the User. The Company has no obligation to respond to the User regarding any ofsuch measures. The Company shall not be liable for any damage incurred by the User or any
3third party as a result of such measures.
Article 7. Sale of Products by the Company and Purchase of Products by Users, etc.
1. When selling Products, the Company shall post information about the Products, including
their price and sales period, on the Service Website, and sell them to Users in the manner
specified by the Company.
2. The User who wishes to purchase a Product must understand and agree to the Company’s
terms of sale, and enter the prescribed information required to purchase the Product. To
purchase the Product, the User needs to manage his/her own-managed wallet that can beused on the Service, connect such own-managed wallet to the Service, and also comply with
the Company’s terms of sale.
3. After meeting the Company’s terms of sale pursuant to the preceding paragraph andentering the prescribed information, the User shall send the entered information to theCompany by the method specified by the Company. At the time of receipt of the sent
information by the Company, a sale purchase agreement for the Product shall be formed
between the Company and the User.
4. The User shall pay the price under the sale purchase agreement concluded in the preceding
paragraph in the manner specified by the Company as set out in paragraph 1.
5. After a sale purchase agreement for the Product is concluded pursuant to paragraph 3 above,
the Company shall register, in the account of the Product Purchaser, the fact that such
Product Purchaser is the owner of the Product and indicate such fact on his/her User Page,
upon which the Company shall be deemed to have completed the delivery of the Product tohim/her. However, if the Product is a ELEMENTAL STORY WORLD NFT, the Company
may complete the delivery of such ELEMENTAL STORY WORLD NFT by sending it to
the purchaser’s own-managed wallet.
Article 8. Intellectual Property Rights in and Licenses for the Product1. Intellectual property rights in the Product or other works posted on the Service shall belong
to the Company or third party licensors of the Company, in accordance with the Copyright
Act and other applicable laws and regulations, and shall not be transferred to any Product
Purchasers. In addition, except as set out in the following paragraph, Product Purchasers
shall not reproduce, distribute, reprint, transfer, publicly transmit, modify, adapt, orotherwise make secondary use of the relevant Product.
2. The Company shall grant Product Purchasers a non-exclusive license to use (including but
not limited to the right to reproduce, transfer, modify, or publicly transmit) the Product freeof charge to the extent necessary for the following acts:(1) act of accessing and viewing the Product on the Service and using the Product in themanner contemplated for the Service;(2) act of selling ELEMENTAL STORY WORLD NFTs to other Users on the conditions
and in the manner specified by the Company on the Service; and(3) act of using the Product in accordance with the license terms described within theService Website for the individual Product.
3. Product Purchasers may use the Product they actually own within the scope set out in thepreceding paragraph.
4. Users shall permit the Company to use and modify the content contained in their User Pages
free of charge (including text written by Users and the User Pages themselves) in themanner deemed appropriate by the Company for purposes including promotion of theCompany's service.
5. The provisions of the preceding paragraph shall survive the termination of this Agreement.
Article 9. Suspension of the Service, etc.
1. In any of the following circumstances, the Company may temporarily suspend all or part ofthe provision of the Service without prior notice to Users. In such cases, the Company shallnot be liable for any damage incurred by the User, unless there is wilful misconduct or gross4

negligence on the part of the Company. If any of the following circumstances are anticipatedin advance, the Company will inform Users in the manner deemed appropriate by theCompany.
(1) When maintenance, inspection, repair or modification of the system (including
servers, communication lines and power supplies, and the buildings that house them)is performed on a regular or urgent basis:(2) If the provision of the Service becomes impossible due to a failure or malfunction of
the server, communication lines or other equipment or some other cause;(3) If the Company's assets are stolen by hacking or other methods;(4) When it is necessary to investigate unauthorized use of the account, etc.;(5) If malfunction occurs to a system necessary for the provision of the Service;(6) If there is a problem handling ELEMENTAL STORY WORLD NFTs due to a hardfork or for other reasons;(7) If the provision of the Service becomes impossible due to an earthquake, lightning
strike, fire, windstorm and flood, power outage, riot, turmoil, labor dispute or othersimilar event;(8) When a war, natural disaster, incident, or other emergency occurs or is likely to occur.
(9) When the provision of the Service becomes impossible due to laws and regulations ormeasures thereunder; or(10) In any other cases where the Company reasonably determines that temporary
suspension of the Service is necessary for operational or technical reasons.
Article 10. Third Party Services
1. Use of the service requires the use of services or systems provided by entities other than the
Company designated by the Company. The Company assumes no responsibility for theservices or systems provided by entities other than the Company.
2. Before using services (including those related to the blockchain) associated with theprovision of the Service, Users must understand that they need to comply with the terms ofservice and other conditions applicable between the Users and the relevant service providers
and agree to such terms of service and other conditions. The Company reserves the right totake all measures against any User who violates or allegedly violates these terms of service
and other conditions, including suspension of the account of the User.
3. Users shall prepare their own-managed wallet that can be used on the Service at their own
risk to use it on the Service. Users shall not share or transfer their own-managed wallets
connected to the Service to any third party.
Article 11. Prohibited Acts
1. Users shall not engage in any of the following acts:(1) Acts that violate law, regulation, court judgment, decision or order, or legally binding
administrative measures;(2) Acts that are contrary to public order or morals, criminal acts, the acts that encourage,
aid, abet or announce such acts, or acts that are likely to constitute any of theforegoing;(3) Acts that infringe or restrict, or are likely to infringe or restrict, the proprietary,privacy or other rights of the Company, a telecommunications company, or a third
party;(4) Acts that circumvent or invalidate the technical measures taken by the Company toprotect data, such as unauthorized use of IDs or passwords;(5) Acts that violate or are likely to violate these Terms;(6) Acts that discriminate against or slander other people, or damage their reputation or
credibility;(7) Acts that lead or are likely to lead to fraud or other crimes;(8) Acts of displaying or transmitting material or information that is obscene, childpornography, or child abuse;
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(9)
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Acts of displaying or transmitting material or information that may have an adverse
effect on or interfere with the health development of minors;
Acts of inducing other people to visit porn or other harmful websites (including
affiliate advertising);
Acts of establishing or soliciting to establish a pyramid scheme;
Acts of inviting participation in a religious activity or religious group;
Acts of impersonating another user, or trading or attempting to trade using a fictitious
name, another person's name, or any other name other than the User's own name;Acts of improperly collecting, disclosing or providing personal information,
Registration Information, use history information, etc. of a third party;
Acts of attempting to gain unauthorized access to computers or other equipment
installed by the Company or third parties;
Acts of overburdening the server or network system beyond the range of normal use,
facilitating such acts, fraudulently manipulating the Service by using bots, cheat tools
or other technical measures, deliberately using failures of the Company’s systems(including repeating the same acts beyond what is necessary), and making
unreasonable inquiries or requests to the Company (including repeating the samequestions beyond what is necessary), and other acts of interfering with or impeding
the operation or provision of the Service or other Users’ use of the Service;
Acts of decoding the source code, including by reverse engineering, disassembling or
any other means;
Acts of transmitting the same or similar messages to a large, indefinite number ofUsers or third parties (except for those approved by the Company), or other acts that
the Company deems as spamming;
Acts or suspected acts of using the service by any method other than using theinterface provided by the Company;
Acts of transmitting computer viruses, computer code, files or programs that interfere
with, destroy or limit the functionality of computer resources;
Acts of transmitting false or misleading information or facts (including, but notlimited to, information or facts about third parties):
Acts of falsifying or deleting information that can be used by the Service;
Acts of obtaining the Products by wrongful means or obtaining or using the Products
knowingly that they were obtained by wrongful means;
Acts of exchanging the Products for cash, property or other economic benefits otherthan in the manner specified by the Company;
Acts of engaging in wash trading or other deceptive or manipulative trading
activities;
Acts of listing products on the Marketplace when there is no genuine intention to sellthem;Acts of listing illegal products on the Marketplace;Acts of providing false information about the content or nature of the products listedon the Marketplace;Acts of providing too limited information about the products listed on theMarketplace to understand the content or nature of such products;
Acts of listing products on the Marketplace for purposes of concluding a salepurchase agreement with particular Users only;
Acts of attempting to list or purchase products on the Marketplace in a manner that
violates laws, regulations or these Terms or is contrary to public order or morals;
Acts of listing on the Marketplace any products other than those approved by theCompany;
Following acts committed for the purpose of fluctuating the price of PGT,UXE or
ELEMENTAL STORY WORLD NFTs:● Disseminating to an unspecified number of persons of facts without reasonablebasis that the User has no direct experience or knowledge of;
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Engaging in fraudulent acts through deceptive means, or behaving in a mannerthat will arouse the gambling spirit of other people; orUsing violence or threat;●
Acts of making false or misleading representations about matters related to thepurchase or sale of PGT, UXE or ELEMENTAL STORY WORLD NFTs or othermaterial matters;
Acts of using PGT, UXE, or ELEMENTAL STORY WORLD NFTs in wagering or
gambling;
Acts of using ELEMENTAL STORY WORLD NFTs to pay for products or services;
Acts conducted for the purpose of promotion, advertisement, solicitation ormarketing or for other commercial purposes, for the purpose of sexual conduct orobscene acts, or for the purpose of meeting or dating with a third party;
Acts of lending, transferring, selling or otherwise trading the account or data used in
the Service to a third party outside of the Service.
Act of connecting a wallet whose private key is shared with a third party to theService or sharing the private key to a wallet connected to the Service with a third
party.
Acts that constitute a double transfer of PGT, UXE or ELEMENTAL STORYWORLD NFTs or attempts of such acts;
Spam listings for the purpose of causing a listing to appear at the top of the search
results;
Acts of using the Service for purposes other than those reasonably intended by theCompany;
Acts of registering multiple accounts for the purpose of committing any of theforegoing acts;
Acts that interfere with the operation of the Service; or
Any other acts that the Company deems inappropriate.

Article 12. Elimination of Anti-social Forces
The Company prohibits the use of the Service by Anti-social forces, etc., persons having close
relationships (including the provision of funds and other benefits) with Anti-social forces, andpersons similar to them. If the Company determines that a User falls within any of those listed
above, the Company may suspend provision of the Service without prior notice to the User. The
Company shall not be liable for any damage or disadvantage incurred by the User as a result of suchsuspension.
Article 13. Representation and Warranty
When using the Service, Users represent and warrant to the Company that their access to and use of
the Service is lawful in the jurisdiction in which they reside.
Article 14. Restrictions on Use and Termination, etc.
1. If a User falls or the Company reasonably determines that a User is likely to fall, under anyof the following circumstances, the Company may, at its reasonable discretion and without
prior notice or demand, terminate this Agreement, delete all or part of the information sentby such User, restrict the use of all or part of the Service, suspend the use of the account,deregister the account, remove User Pages, delist ELEMENTAL STORY WORLD NFTs
listed by the User, restrict access to the data relating to ELEMENTAL STORY WORLD
NFTs owned or listed by the User, or take any other necessary measures:(1) If a User has violated these Terms;(2) If all or part of the Registration Information is false, erroneous, or omitted;(3) If a User has defaulted on a monetary obligation;(4) If a User suspends payments or becomes insolvent;(5) If a petition for seizure, provisional seizure, provisional disposition or othercompulsory execution or collection of delinquent taxes is filed against a User;7

(6)If a petition for commencement of bankruptcy proceedings, civil rehabilitation
proceedings or other similar proceedings is filed;(7) If a User is deceased;(8) If there is any other significant change in the User's credit conditions;(9) If the Company reasonably determines that a User is involved, or suspected of being
involved, in money laundering or terrorist financing;(10) If it is found that a User is or a User is suspected of being, impersonating anotherUser;(11) If the Company is unable to contact a User for a certain period of time, such as if aUser fails to respond to the Company correspondence;(12) If a User has not used the Service for a certain period of time since last use;(13) If a User does not agree to any changes to these Terms;(14) If a User has been restricted by the Company from using the Service or other services
before;(15) If the Company determines that there are circumstances similar to any of thosedescribed in the preceding items; or(16) If the Company reasonably determines that it is difficult to continue the agreementwith the User.
2. The Company shall not be liable for any damage incurred by a User as a result of themeasures taken by the Company pursuant to this Article, unless caused by wilful
misconduct or negligence on the part of the Company.
Article 15. Cancellation by User
1. If a User wishes to cancel the Service, the User may do so by following the procedure
specified by the Company, unless the User has outstanding obligations to the Company.
2. If a User cancels the Service, the Company shall not be obligated to store the Registration
Information or any other data about the User. In addition, the Company may deem that theUser’s cancellation constitutes a waiver of the Products, prepaid payment instruments andpoints owned by the User on the Service.
3. This Agreement shall terminate when a User completes the cancellation procedure specified
by the Company.
Article 16. Disclaimer, etc.
1. The Company shall not be liable for any of the following damages, whether arising frombreach of contract, tort or any other legal cause of action, unless there is wilful misconduct
or gross negligence on the part of the Company:(1) Damage caused by any natural disaster, incident, or other emergency;(2) Damage caused by the User's connection environment, such as failure of the User's
equipment environment or Internet connection service;(3) Damage caused by the performance value of the Internet connection service, such as
response time from the facilities for the Service;(4) Damage caused by unauthorized access or attack by a third party to the facilities for
the Service that cannot be prevented with the care of a good manager, or interception
on the communication route;(5) Damage caused by disruption of distribution of goods due to a cyber-attack or otherincident;(6) Damage resulting from a User's failure to comply with the procedures, security
measures, etc. specified by the Company;(7) Damage resulting from a User’s failure to enter correct information or conduct
necessary reviews;(8) Damage incurred by Users as a result of suspension of all or part of the features orcancellation, of their accounts;(9) Damage caused by incorrect information provided by the Service to Users;(10) Damage caused by defect, malfunction or failure of servers, software, communication8

lines or other equipment;
Damage caused by or in connection with mandatory dispositions pursuant to law or
court order;(12) Damage caused by the establishment, revision, abolition, or change in interpretationof laws, regulations, orders, etc. of supervisory authorities, self-regulatory rules, orother rules and regulations that the Company shall comply with (including cases
where the effects of such changes apply retroactively) relating to the Service;(13) Damage caused by third party websites or services;(14) Loss due to blockchain network fee spikes, hard forks or other blockchain-related
events and loss of assets caused by the Company’s delay in responding to or reporting(or the Company’s failure to report) such events;(15) Loss due to vulnerability, failure or abnormal operation of the blockchain, wallet andother software, or other crypto-asset-related functions and loss of assets caused by theCompany’s delay in responding to or reporting (or the Company’s failure to report)such events;(16) Corruption of wallet files; or(17) Damage caused by reasons not attributable to the Company, in addition to thedamages described in the preceding items.
A User shall, at his/her own expense and responsibility, resolve any dispute related to theService or arising from the use of the Service between the User and any other User, holder
of intellectual property rights in relation to the Service or other third party (including any
problem that may arise under the assumption that a User will use the Service in the future),
and the Company shall not be responsible for such dispute.
In the event that the Company suffers any damages (including attorney's fees) as a result of
the dispute specified in the preceding paragraph, the parties thereto shall jointly andseverally compensate for the damages.
With respect to any dispute between a User and any other User or other third party, theCompany may, at its reasonable discretion without consent of the User, provide information
about the dispute and other assistance to the third party.
Notwithstanding paragraph 1, if the Company is liable to a User for damages arising frombreach of contract or tort caused by the Company's negligence (excluding gross negligence),
the amount of the Company’s liability shall be limited to direct and ordinary damages
actually incurred by the User, and shall not exceed the higher of the total price paid by theUser to purchase the Products or [JPY10,000].
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Article 17. No warranty
1. The Company makes no warranties, express or implied, that the Service, PGT, UXE,ELEMENTAL STORY WORLD NFTs, subject data, or the blockchain are free from actualor legal defects (including defects regarding safety, reliability, accuracy, completeness,
effectiveness, fitness for a particular purpose or security, communication failure,inaccessibility, error or bug, computer virus or other harmful program, infringement and lossof data created by a User).
2. The Company does not warrant that nothing invalidates, cancels or terminates the concluded
sale purchase agreement for Products or otherwise disturb the conclusion or validity of thesale purchase agreement for Products.
3. Users shall investigate, at their own responsibility and expense, whether or not their use of
the Service violates any laws, regulations, or internal rules of any industry organization
applicable to them, and the Company does not warrant that the use of the Service by Users
is compliant with those laws, regulations, or rules.
4. The Company does not warrant that there will be no future enactments or changes in laws
and regulations or related tax policies for NFTs and crypto-assets. Users must understandand acknowledge that the regulatory regime and policies for blockchain technology is
uncertain and that new regulations or policies may have a significant impact on thedevelopment of the Service and the practical utility of ELEMENTAL STORY WORLD
9NFTs. In the event of any change in law or regulation, the Company may, as necessary, takemeasures such as implementing access restrictions on the subject data or making it private.
5. The Company makes no warranties as to the value, stability or legality of PGT, UXE or
ELEMENTAL STORY WORLD NFTs.
6. If the Company's website contains links to other websites, the Company makes nowarranties as to the websites other than the Company’s website or the information obtained
from them.
7. The Company does not warrant that ELEMENTAL STORY WORLD and services
associated therewith will continue to function in the future. Before using the Service, Users
must acknowledge and agree that they may not be able to access all Products, including
ELEMENTAL STORY WORLD NFTs and tokens purchased through the Service, in whichcase they do not receive any compensation from the Company.
Article 18. Change to or Discontinuation of the Service
1. The Company may change, add, or discontinue all or part of the contents of the Service
without prior notice to Users, and User must agree to such change, addition or
discontinuation in advance. In the event of any changeor discontinuation, the Company will
endeavor to inform Users in advance to the extent operationally possible, in the manner theCompany deems appropriate. In this case, Users must understand and agree in advance that
the Products or the subject data related thereto may disappear or these data may beinaccessible.
2. The Company may update or reset parameters or change specifications to balance thegameplay and the game operations. Users must understand and agree in advance that these
updates or resets may affect their Products, in-game characters or items, game balance andother aspects.
3. Any change or discontinuance pursuant to paragraph 1 or 2 of this Article shall notconstitute a breach of contract or tort by the Company, and the Company shall not be liable
for any damage incurred by Users as a result of the change or discontinuation. Even
supposing that the Company is held liable, the amount of such liability shall not exceed theamount specified in Article 16, paragraph 5.
Article 19. Confidentiality
1. Unless otherwise specified in these Terms, the Company and any User shall not divulge,
disclose, or provide to a third party any information obtained in connection with thisAgreement, or any other information proprietary to the other party, without the prior consent
of the other party, whether during the term or after termination of this Agreement. For the
purpose of this Agreement, a person who has disclosed or is in a position to disclose
confidential information to the other party is referred to as the “Disclosing Party,” and aperson who has received or is in a position to receive confidential information from theother party is referred to as the “Receiving Party.”
2. Notwithstanding the preceding paragraph, confidential information shall not include any
information that:(1) is already public knowledge at the time of disclosure;(2) becomes public knowledge through no fault of the Receiving Party after disclosure;(3) is already in the possession of the Receiving Party before disclosure;(4) is independently developed by the Receiving Party after disclosure without access tothe confidential information; or(5) is lawfully obtained by the Receiving Party of any kind from a third party who has
the right to disclose it without restriction on disclosure.
3. Notwithstanding paragraph 1, the Company may disclose or exchange information about
Users to or with a government agency or any third party with which it has concluded aconfidentiality agreement, if required by law or requested by the government agency or if
the Company deems it necessary.

10Article 20. Notice
1. Unless otherwise specified in these Terms, the Company shall provide notice to Users bysending e-mail, posting on the Service Website or a social networking site (SNS), or by anyother method that Company deems appropriate according to the nature of the notice.
2. If the Company provides notice to Users by posting on the Service Website or a SNS
pursuant to the preceding paragraph, said notice shall be deemed to have reached Users at
the time it is posted on the Service Website or the SNS.
Article 21. Changes to these Terms
1. The Company may change the Terms to the extent permitted by law or regulation if(1) a change to these Terms conforms to the general interest of Users; or(2) a change to these Terms does not contradict the purpose of these Terms and isreasonable in light of the necessity of the change, the appropriateness of the revised
Terms, the content of the change and other circumstances relating to the change.
2. The Company shall inform the terms to be changed pursuant to the preceding paragraph andthe effective date thereof by posting on the Service Website or by other appropriate means.
Such changes shall apply after the expiry of a reasonable period of time specified by theCompany when informing them.
Article 22. Handling of Personal information
The Company will appropriately handle Users’ personal information in accordance with the “Privacy
Policy” separately established by the Company, to which Users must agree.
Article 23. Taxes and Other Public Charges
Users shall be responsible for any taxes and public charges imposed on them. Users shall also be
responsible to confirm the type and amount of taxes and public charges imposed on them.
Article 24. Intellectual Property Rights
Intellectual property rights and all other proprietary rights in relation to the Service or thecomponents of the Service Website (such as applications, software, codes, data, images, texts,
demos, and other designs, works and know-how) are the property of Company or its third party
licensors, and will not be transferred or licensed to any User beyond what is stipulated in theseTerms as a result of the execution of this Agreement. All software used in the Service contains
proprietary rights and trade secrets protected by intellectual property laws and regulations.
Article 25. Prohibition on Assignment of Rights and Obligations
1. Users may not transfer or assign to a third party, encumber or otherwise dispose of theirrights and obligations under these Terms and contractual status, unless otherwise specified
in these Terms or with prior written consent of the Company.
2. If the Company transfers its business relating to the Service to another company, theCompany may transfer to the transferee of the business its rights and obligations under theseTerms and Registration Information and other information about Users as a result of suchbusiness transfer, and Users must agree to such transfer in advance by agreeing to theseTerms. The business transfer referred to in this paragraph shall include company splits andall other cases where the business relating to the Service is transferred.
Article 26. Surviving Provisions
Provisions of Articles 2 (Definitions), 11 (Prohibited Acts), 16 (Disclaimer, etc.), 17 (No Warranty),
18 (Change to or Discontinuation of the Service), 19 (Confidentiality), 22 (Handling of Personal
Information), 23 (Taxes and Other Public Charges) and 27 (Miscellaneous Provisions) and otherprovisions specified by the Company shall survive the termination of this Agreement and remain in
full force between the Company and relevant Users.
Article 27. Miscellaneous111. Even if any provision of these Terms is held under the applicable law or regulation to beinvalid or unenforceable in whole or in part, the remaining portions of such provision shallcontinue to be in full force and effect.
2. In the event of any question concerning the interpretation of this Agreement or any matter
not provided for in this Agreement, or any dispute arising in connection with thisAgreement, a User and the Company shall consult with each other in good faith to resolve
such question or dispute.
3. This Agreement shall be governed by the laws of Japan, and any dispute arising out of or inconnection with this Agreement shall be subject to the exclusive jurisdiction of the Tokyo
District Court in the first instance.
Supplementary Provisions
Enacted on December 21, 2022
Revised on January 8, 2024
Revised on April 11, 2024
ELEMENTAL STORY WORLD Marketplace, In-Game Points Terms and Conditions
Article 1 (Application of Terms and Conditions)
1. These terms and conditions are set forth as an attachment to the "ELEMENTAL STORY WORLD
Terms of Service (For Users)," (hereinafter referred to as the “Original Terms ofService"), set forth by EPOCH FACTORY PTE. (hereinafter referred to as the“Company”).
2. These Terms of Use are subordinate to the Original Terms of Service, and Users agree
to accept these Terms of Service in addition to the Original Terms of Service when upon
ELEMENTAL STORY WORLD.
3. In the event of any conflict between this Agreement and the Original Terms andConditions, the provisions of this Agreement shall take precedence.
4. For terms not defined in these Terms and Conditions, the definitions in the OriginalTerms of Service shall apply.
Article 2 (Definition)
The definitions of terms used in this Agreement are as follows:(1) “PG-Coin" means in-game points issued by the Company on the Service in accordancewith Article 5, which can be used within the Service.
(2) “PU-Coin" means in-game points issued by the Company on the Service in accordancewith Article 6, which can be used within the Service.
Article 3 (Secondary Listing of NFT in this Marketplace)
1. A user who owns the NFT may apply for the sale of the NFT on the Marketplace inaccordance with the method prescribed by the Company (Such application shallhereinafter be referred to as "Secondary Listing," and the user who makes theSecondary Listing shall be referred to as the "Secondary Seller"). The NFTs that havebeen placed in the secondary auction will be locked in the system so that they cannot be
used or transferred during the secondary auction.
2. When a purchase agreement pertaining to a secondary NFT has been concluded
between a purchasing user and the Company pursuant to Paragraph 2 of the following
Article, the Company shall notify the Secondary Seller of such fact, and upon such
notification, a purchase agreement pertaining to such NFT shall be concluded between
the Secondary Seller and the Company. In such case, payment of the price to such
Secondary Seller by the Company under such sales contract shall be made in PG-Coin,and the amount of such payment shall be the balance of the price paid to the Company
12

by the secondary buyer under Clause 2 of the following Article, less any administrative
fees, etc. prescribed by the Company.
3. When a sales contract for the secondary NFT is concluded pursuant to the preceding
paragraph, the Secondary Seller shall immediately deliver the NFT to us in accordancewith the method prescribed by us. Upon completion of delivery of the NFT concerned,
the Company shall make the payment set forth in the preceding paragraph to theSecondary Seller in accordance with the method prescribed by the Company.
4. Users may not list NFTs or other digital items, etc. on the Marketplace for which we do
not permit secondary listings on the Marketplace.
5. Secondary sellers represent and warrant that they have all necessary authority to sell the
NFT they are secondary selling and that their act of secondary selling does not infringeon the rights of any third party.
6. In the event that a secondary seller violates these Terms and Conditions or otherwise
deems a secondary listing inappropriate, the Company may suspend, cancel, or
invalidate such secondary listing without prior notice to the secondary seller. The
Company shall not be liable for any loss or damage incurred by a Secondary Seller or a
Secondary Buyer (defined in paragraph 1 of the following article) as a result of theabove, except in the case of willful misconduct or gross negligence on the part of theCompany.
Article 4 (Purchase, etc. of NFTs listed on the secondary market by the User)
1. When a user who wishes to purchase an NFT listed in a secondary auction selects the
NFT he/she wishes to purchase and notifies us that he/she has performed theoperation prescribed by us to purchase such NFT from us, a sales contract for such
NFT will be formed between us and such user(Hereinafter referred to as "Secondary
Purchaser".).may purchase Market Money via credit card or PG-coin from the User Page.
2. When a purchase agreement is concluded pursuant to the preceding paragraph, thesecondary purchaser shall pay for the relevant NFT by using Market Money inaccordance with the method prescribed by the Company. Upon receipt of suchpayment, the Company shall provide such NFT in accordance with a method separately
determined by the Company. However, due to technical reasons on this service, it may
take a certain amount of time to provide such NFT.

Article 5 (PG-Coin)
1. Users can earn PG-Coins in one of the following ways
(1) Purchase by credit card on the Service (PG-Coin earned through this process ishereinafter referred to as "Credit Card Purchased PG-Coin")(2) Purchase of PG-Coins on the user's account by sending PGT held in the user's selfmanaged wallet to the Company's designated wallet. (PG-Coin earned through thisprocess is hereinafter referred to as "PGT Purchased PG-Coin")(3) A method of acquiring PG-coins as compensation when a sales contract is concluded regarding
this NFT that was secondly exhibited (PG-coins acquired through this method are hereinafterreferred to as “PG-coins acquired upon sale”).
2. PG-Coins purchased with a credit card and PG-Coins purchased through PGT are valid
for 180 days (including the date of purchase), and such PG-Coin shall expire after the
expiration date.
3. Of the PG-coins that users own, only the PG-coins obtained when selling can be converted into
PGT. The converted PGT will be transferred to the wallet registered on the user page, and the13Company will not manage the user's PGT.
4. PG-Coin held by Users are managed internally in the game as follows, and the number of
PG-Coin held by each can be viewed on the User Page.
(1) Credit Card Purchased PG-Coin(2) PGT Purchased PG-Coin(3) PG-coin earned when selling
5. PG-Coin may be used only for the purposes specified in the game, such as opening NFTBOX.
6. When PG-Coin is used, it is automatically consumed in the following order:(1) Credit Card Purchased PG-Coin(2) PGT Purchased PG-Coin

7. Users may not transfer PG-Coin to third parties, including other users.
Article 6 (PU-Coin)
1. Users can earn PG-Coins in one of the following ways
(1) Purchase by credit card on the Service (PU-Coin earned through this process ishereinafter referred to as "Credit Card Purchased PU-Coin")(2) Purchase of PU-Coins on the user's account by sending UXE held in the user's selfmanaged wallet to the Company's designated wallet. (PU-Coin earned through thisprocess is hereinafter referred to as "UXE Purchased PU-Coin")(3) Purchase from the In-Game Store (PU-Coin purchased from the AppStore are
hereinafter referred to as "Store-Paid PU-Coin (AppStore)" and PU-Coin purchasedfrom the Google Play Store are hereinafter referred to as "Store-Paid PU-Coin(Google Play Store))(4) Users holding NFTs earn as rewards for game play using the NFTs they hold (UCoin earned through this process is referred to below as "Game Earn PU-Coin")(5) Other PU-Coin will be distributed free of charge by the Company at events, etc. (PUCoin acquired through such distribution will hereinafter be referred to as "Free PUCoin").
2. PU-Coins purchased with a credit card and PU-Coins purchased through UXE are valid
for 180 days (including the date of purchase), and such PU-Coin shall expire after the
expiration date.
3. PU-Coins other than Credit Card Purchased PU-Coins and UXE Purchased PU-Coins do
not expire.
4. Among the PU-Coin held by the Users, only the Game Earn PU-Coin can be converted to
UXE on the User Page. The converted UXE is immediately transferred to the wallet
registered on the User Page, and we do not control the user's UXE.
5. The PU-Coin held by users is internally managed within the game and the amount canbe viewed on the User Page.
(1) Credit Card Purchased PU-Coin(2) UXE Purchased PU-Coin
14

(3) Store-Paid PU-Coin (AppStore)(4) Store-Paid PU-Coin (Google Play Store)(5) Game Earn PU-Coin(6) Free PU-Coin.
6. PU-COIN may be used only for the purposes specified in the game, such as NFT
character training and only towards our company.
7. When using PU-COIN, it is automatically consumed in the following order:(1) Free PU-Coin(2) Credit Card Purchased PU-Coin(3) UXE Purchased PU-Coin(4) Store-Paid PU-Coin (AppStore)(5) Store-Paid PU-Coin (Google Play Store)(6) Game Earn PU-Coin
8. Users may not use Store-Paid PU-Coin (Google Play Store) when using the Service froma device that uses iOS as its operating system.
9. Users may not use Store-Paid PU-Coin (AppStore) when using the Service from a device
that uses Android as its operating system.
10. Users may not use Store-Paid PU-Coin (Google Play Store) and Store-Paid PU-Coin(AppStore) when using the Service from a PC or from the User Page.
11. Users may not exchange PU-Coins for crypto assets, except for the conversion of Game
Earn PU-Coins to UXE as provided in Section 4. In addition, the Company will notrefund PU-Coin.
12. Users may not transfer PU-Coin to third parties, including other users.
Article 8 (Exceptions to PU-COIN Acquisition)
When the Users who do not own the NFT play the game or Users who own the NFT plays
the game without using the NFT they own, they cannot earn the Game Earn PU-Coin.
Supplementary Provisions
Enacted on January 8, 2024
Revised on April 11, 202415