QuarkChain has completed its sale of QKC ERC-20 Tokens (the “ERC20 Tokens”) in an offering conducted in compliance with Regulation S (“Regulation S”) of the Securities Act of 1933, as amended (the “Securities Act”). The offering was open only to non-U.S. persons (as defined in Regulation S) who also completed our AML and KYC process and the ERC20 Tokens have not been registered under the Securities Act. QKC Tokens may not be offered or sold in the United States or to any U.S. persons unless it is registered under the Securities Act or an exemption from registration is available. In addition, any U.S. person who holds QKC Tokens will not be eligible for the token swap upon mainnet launch.
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