Token QIA Terms and Conditions

ACCEPTANCE
In this document (hereinafter referred to as the "document"), the terms and conditions of the implementation of the 'QIA' token by Quantia Trading SAS (hereinafter, 'Quantia') are established. By logging into the platform, the user agrees to the terms and conditions set forth in this document. Quantia reserves the right to update this document whenever it deems necessary. It is the user's responsibility to stay informed of any changes.

INTRODUCTION
As previously communicated to all our clients, the events with FTX have harmed Quantia, among many other companies worldwide. FTX was one of the most prestigious exchanges in the world and had commercial relationships with the leading companies in the crypto ecosystem. This prestige and the company's track record were decisive factors for Quantia to invest part of its funds in FTX, after having completed all the appropriate due diligence procedures according to applicable international standards. What happened with FTX is part of the inherent risk in the entire financial industry and particularly in cryptocurrencies, as detailed in the current terms and conditions on the platform.

TOKENIZATION
The QIA token (hereinafter 'QIA', 'QIAs') is a digital asset that exclusively represents Quantia's will and effort to help its clients recover from the harm caused by the events with FTX. The QIA token is not a security and is not subject to the regulations governing securities. The total number of QIA tokens issued will be equal to the amount of funds affected in FTX.

ALLOCATION
The affected funds will be distributed proportionally among all users in an effort to reflect as accurately as possible what Quantia considers would happen if the company were to enter bankruptcy and its assets were distributed among its creditors. Affected percentage: 36.51% A snapshot of each account and the balances in each currency of each user will be taken at the end of the last day on which withdrawals were processed from the platform. Snapshot Date: Monday, November 7th at 23:59:59 (UTC-0). All shareholders, directors, and employees of the company, as well as any other user, are subject to the same terms in the allocation, and there will be no exceptions.

TOKEN ALLOCATION
The corresponding QIA tokens will be assigned to each user's account. Each client will receive as many QIA tokens as the equivalent in dollars that were affected.

PRICES
For the allocation, prices at the close of Monday, December 12th at 23:59:59 will be taken into account.

QIA REPURCHASE
Quantia will repurchase the QIA from the client's portfolio at nominal value of 1.00 USDT over the next three years. It is estimated to begin repurchasing tokens in the first quarter of 2023. The repurchased tokens will be permanently destroyed (i.e., "burned") and will have no further utility or value. [Link to terms and conditions: https://quantia.io/terms-and-conditions/qia]