White paper drafted under the European Markets in Crypto-Assets Regulation (EU) 2023/1114 for FFG 9791F79LM

The DGRX token is a utility token issued by DGRX Sales GmbH, serving as a medium of exchange in the issuer’s webshop. Only DGRX Sales GmbH operates the webshop and sells products (e.g., shop items), services (e.g., consulting), and offerings such as NFTs. The token is accessible to anyone wishing to shop in the webshop and supports the development of a conscious and climate-friendly community.

The issuance price is determined in euros, without a value stability guarantee, and is currently not publicly tradable. The issuer may, at its discretion, grant the token as a reward or incentive. A total of 950 million tokens are being offered, based on a private blockchain, with a migration planned for mid-2026. Risks: Liquidity constraints, technical failures, low adoption. Please refer to the risk disclosures in Part I – Information on risks.

The offered goods, services, and other offerings always comply with the quality standards of the respective category and the applicable legal requirements. This ensures both the protection of consumer rights and compliance with any regulatory requirements imposed by authorities for specific product categories. With regard to the available quantities, supply is driven by demand; however, there may also be products with limited availability. Information on quality and quantity is always clearly indicated in the webshop. The sale of the token is not possible as long as no secondary market has been established. A listing on a crypto-asset trading platform and the opening of the secondary market are planned once 380,000,000 tokens have been sold (and all regulatory requirements have been met).

The total supply amounts to 1,000,000,000 tokens (DGRX), of which 950,000,000 DGRX tokens are offered at an issuance price of EUR 0.39 per DGRX token, with possible discounts (e.g., based on the offering phase, promotional campaigns, or

purchase volume). Such discounts will be communicated on the issuer’s website. Different token packages are available, ranging from EUR 250 to EUR 100,000. The maximum purchase limit per buyer is EUR 1,000,000. There are no minimum or maximum subscription targets. No subscription fees are charged. Both natural persons and legal entities may acquire the tokens. The offering is open-ended and only limited by the maximum supply of 1,000,000,000 tokens.

Operation of a webshop for products, services, and offerings (e.g., NFTs) within the Desert Greener ecosystem; issuance of the DGRX token as a medium of exchange and as a reward/incentive to promote a conscious and climate-friendly community, as well as for marketing purposes.

Promotion and implementation of measures related to climate protection and education.

Not applicable.

At the time of drafting this Whitepaper, no complete financial registration statement is available, as the company was only founded on April 4, 2024. The share capital amounts to EUR 10,000, and there are no material liabilities that cannot be covered. Financing is provided through equity capital from the shareholder KLIMATES AG. According to the management, the business development is progressing as expected.

The DGRX token is a utility token that serves as a medium of exchange in the webshop of DGRX Sales GmbH. Only the issuer exchanges products (e.g., shop items), services (e.g., consulting, training, webinars, events), and other offerings for DGRX tokens, thereby promoting a conscious and climate-friendly community. To this end, Seawater Beteiligungsverwaltung GmbH (see below) employs a patented, climate-friendly technology that converts seawater into freshwater using nothing but solar energy – entirely without fossil fuels or chemical additives. At the heart of the process lies the use of highly precise parabolic mirrors that concentrate sunlight and convert it into thermal energy. This energy is used to gently evaporate the seawater; the resulting water vapor is then condensed and transformed into high-quality, pure freshwater. This resource-efficient technology was developed in close collaboration with leading research institutions. Further information can be found on the website of the Fraunhofer Institute: https://www.ibp.fraunhofer.de/en/projects/solar-desalination.html

The freshwater produced is used, among other things, for desert greening projects. In this way, barren land is transformed into green habitats that absorb CO₂, improve the local climate, and create new ecological and economic opportunities. Some of the products generated through this technology will also be made available to our climate-conscious community in the future. These include premium table water, natural sea salt, and small, modular desalination units for individual household use. These products will soon be available through our online shop (for the current offering, see below), enabling community members to actively support the vision of a sustainable lifestyle. By purchasing tokens, this sustainable value chain is strengthened – from the production of climate-friendly products to the active greening of desert regions. A detailed description of the currently available goods and services can be found in Section D.7 of this whitepaper. The issuance price is denominated in euros and has been calculated based on the technology valuation (valuation report) of Watertransformer GmbH (a subsidiary of Seawater Beteiligungsverwaltung GmbH). The DGRX token is issued without a value guarantee and is currently not publicly tradable. Future tradability following a migration to the public Ethereum blockchain in mid-2026 is intended but depends on technical and legal feasibility and is not guaranteed. The issuer may, at its discretion, use the token as a reward or incentive.

At the beginning of the project, the goods and services offered in the issuer’s webshop include the following categories:

- Tickets and services: Tickets for the company’s events

- Merchandise: Various merchandise items for corporate identification or representation

- NFTs: Different rights within the community (e.g., VIP pass) or rights to airdrops or similar incentives

The issuer reserves the right and intends to gradually expand the range of goods and services but does not provide any guarantees in this regard.

Project Milestones

- Q2 2023: Letter of Intent (LoI) and contractual preparations with Seawater GmbH

- April 2024: Kick-off event in Vienna

- February 2025: Launch of the DGRX wallet and first redemption of vouchers into the utility token wallet

- April 2025: Launch of the web shop, where the DGRX Utility Token can be used as a means of exchange for products and services

- Q4 2025: Expansion of the web shop to include NFT functionality

Future milestones:

Mid-2026: Migration to the public Ethereum blockchain.

Listing on a crypto exchange once 380,000,000 tokens have been sold or alternativly 38.000.000 EUR in token sale turnover has been reached and all applicable regulatory requirements have been fulfilled.

The development and operation of the token are financed through the company’s own funds as well as ongoing revenues from operational business activities and token sales. No external debt financing is planned.

Internal resources in the areas of IT, compliance, and administration are available for development, maintenance, and operations. In addition, specialized external service providers are engaged for accounting and tax matters, technical infrastructure, and legal issues.

The revenues generated from the sale of DGRX tokens will be used to achieve the project objectives. This primarily includes the acquisition of equity interests in Seawater Beteiligungsverwaltung GmbH. Additionally, the funds will be used to cover ongoing operational costs and to invest in marketing and communication measures to support the introduction of the DGRX token. Particularly in the initial phase of the issuance, a significant portion of the funds will be allocated to business operations and marketing activities.

Further funds will gradually be used for investments in the planned project developments. Updates on project progress will be published regularly on the DGRX token website. The successful completion of the overall project depends on the availability of the necessary funds through the token sale. If only a portion of the tokens is sold, only a corresponding portion of the project can be realized.

The public offering is conducted to enable users to acquire the token at an early stage, as it can be used as a medium of exchange in the issuer’s webshop. Additionally, the public offering aims to achieve a broad distribution of the token, creating incentives for network participation and promoting the adoption of the Desert Greener project. Furthermore, the offering supports the development of a community around the Desert Greener initiative and its associated efforts in seawater desalination for freshwater production.

Not applicable.

The issuance price is denominated in euros and has been determined by the issuer based on the technology valuation (valuation report) of Watertransformer GmbH (a subsidiary of Seawater Beteiligungsverwaltungs GmbH). The offering price is adjusted at least once per year, based on a newly conducted valuation report, which serves as the basis for the price adjustment.

There are no issuer-imposed restrictions on participation in the token sale beyond legal prohibitions. The sale is only excluded for individuals who are prohibited from participating due to legal requirements or regulatory measures. This particularly applies to persons in jurisdictions where the acquisition or trading of crypto-assets is prohibited, as well as individuals subject to sanctions or in violation of applicable legal regulations.

To exercise the right of refund, eligible individuals may contact info@desertgreener.io (or alternatively, by mail to the issuer’s address) and declare their withdrawal without providing any

reason. The withdrawal request will be processed within 48 business hours, during which the corresponding status will be updated in the back-office system (CRM), and the refund will be initiated by the responsible case handler as a payment of the same amount as the original purchase via online banking. By the following business day at the latest, the payment will be approved by a second person. The buyer will be informed about the acceptance of the withdrawal, the initiation of the refund, and the expected maximum duration of the crediting process. This information will be provided through the same communication channel used for the withdrawal request. Additionally, the customer can view the withdrawal/cancellation status in the back-office system (CRM). The refund will be processed exclusively using the same payment method originally used by the retail investor. There is neither a minimum subscription target for DGRX nor a subscription period.

As described above. The refund will be processed no later than 14 days after receipt of the withdrawal declaration.

Not applicable.

Before the public offering, a discounted sale of DGRX tokens took place during the initial project phase.

Not applicable.

The offered payment methods include both bank transfer and instant transfer. In the future, the integration of credit card payments and/or PayPal is also planned. Additionally, purchases can be made using EU-approved stablecoins as well as Solana, Ethereum, and Bitcoin.

The transfer of value in the event of a refund to eligible recipients follows the payment method chosen at the time of purchase. The refund will be processed using the same payment method.

In accordance with Article 13 of Regulation (EU) 2023/1114, retail investors who acquire crypto-assets other than asset-referenced tokens and electronic money tokens directly from a provider are entitled to a right of withdrawal. Retail investors have a period of 14 calendar days to withdraw their consent to

the purchase of crypto-assets other than asset-referenced tokens and electronic money tokens free of charge and without providing any reason. The withdrawal period begins on the day the retail investor gives consent to the purchase of these crypto-assets.

Upon completion of the purchase, the buyer initially acquires a voucher for the DGRX token. In the next step, the buyer must create a personal wallet at wallet.desertgreener.io. This process takes place outside the issuer's systems and back-office environment. Depending on the selected registration method, additional verification of the email address may be required. By opening the wallet, the buyer receives a unique wallet address in Ethereum format. This address must be entered and saved in the issuer’s back-office system (CRM) under the buyer’s account. Once the wallet address has been recorded and the withdrawal period has expired, the buyer can initiate the transfer of DGRX tokens to the registered wallet address. This is done by pressing the "Transfer tokens to wallet address" button. At that moment, the back-office system (CRM) sends the tokens to the registered wallet address, and the token voucher is deleted. The process is then completed, and the buyer has received the tokens in their wallet.

The buyer must create a wallet at wallet.desertgreener.io.

The issuer is also involved in the operation of the platform within which the token is exclusively used. This dual role may give rise to potential conflicts of interest, in particular in connection with the further development, modification, or restriction of the token’s functionalities or of the underlying platform.

The issuer is entitled to unilaterally modify technical, functional, or organizational parameters of the token and its associated infrastructure. Such modifications may potentially result in conflicts of interest between the interests of the issuer and those of token holders.

The issuer, as well as affiliated companies or persons, including members of management, hold tokens or may acquire tokens in the course of their activities. This may give rise to potential conflicts of interest.

External service providers may act for the issuer in multiple capacities simultaneously. The issuer has implemented organizational and internal procedures to identify, monitor, and appropriately manage potential conflicts of interest.

Where a material conflict of interest is identified, an independent third party (e.g., legal counsel, a consulting firm, or a notary) may be engaged to provide an independent professional assessment.

Austrian law applies to the public offering of this crypto-asset.

The general place of jurisdiction for the issuer is the District Court or Regional Court of Feldkirch. Depending on the specific circumstances of the individual case, a different court may have jurisdiction.

Medium of exchange in the webshop for products (e.g., tickets), services (e.g., events), and NFTs. Currently not tradable; tradability is planned after the migration in 2026.

The exchange function in the webshop is, in principle, immediately effective in the sense of being technically available. However, for each individual customer, the exchange option becomes available after 17 days (withdrawal period + 3 additional days). Tradability is planned after the migration in 2026.

The DGRX token is a utility token that serves as a medium of exchange in the issuer’s webshop. The token is accessible to anyone wishing to shop in the webshop and supports the development of a conscious and climate-friendly community. The issuance price is determined in euros, without a value stability guarantee, and is currently not publicly tradable. The issuer may, at its discretion, grant the token as a reward or incentive. A total of 950 million tokens are being offered, based on a private Ethereum blockchain (migration planned for mid-2026).

The issuer provides services under the commercial license for "direct sales" outside the scope of MiCAR and is therefore subject, in this respect, to the Austrian Trade Act 1994 (Gewerbeordnung 1994, BGBl. No. 194/1994), as amended.

Buyers are entitled to use the DGRX token as a medium of exchange in the webshop of DGRX Sales GmbH for products, services, and offerings (e.g., NFTs). In the event of the listing of the DGRX token, buyers are entitled to trade it. Buyers are obligated to pay the purchase price.

To complete an exchange using DGRX in the webshop, the buyer must first select the desired product, service, or other offering (e.g., NFT). Depending on the category, multiple units (items) can be purchased, allowing the buyer to customize their shopping cart as desired. All offers are described and comply with legal labeling requirements. Once the desired items have been added to the shopping cart, the buyer can review the cart's contents. The overview displays information about the items, quantity, price, and VAT. To proceed with the exchange, the buyer selects DGRX tokens as the medium of exchange and initiates a transaction from their wallet. The buyer must open their wallet and approve the transaction.

Before the transaction is finalized, the VAT due is calculated and charged in euros (FIAT). This payment must be made using the payment methods provided by the issuer. Once the exchange is complete, the buyer receives a payment and invoice receipt, which can be accessed at any time in the back-office system (CRM).

The issuer may adjust rights and obligations in the event of legal or economic changes, insofar as this is permitted under applicable legal provisions (e.g., consumer protection regulations). This does not apply in cases where a significant new factor, material mistake, or material inaccuracy arises that may affect the assessment of the crypto-assets within the meaning of Article 12 MiCAR.

At the time of drafting this Whitepaper, no future public offerings are planned.

At the beginning of the project, the goods and services offered

in the issuer’s webshop include the following categories:

- Tickets and services: Tickets for the company’s events

- Merchandise: Various merchandise items for corporate identification or representation

- NFTs: Different rights within the community (e.g., VIP pass) or rights to airdrops or similar incentives

The issuer reserves the right and intends to gradually expand the range of goods and services but does not provide any guarantees in this regard.

To complete an exchange using DGRX in the webshop, the buyer must first select the desired product, service, or other offering (e.g., NFT). Depending on the category, multiple units (items) can be purchased, allowing the buyer to customize their shopping cart as desired. All offers are described and comply with legal labeling requirements. Once the desired items have been added to the shopping cart, the buyer can review the cart's contents. The overview displays information about the items, quantity, price, and VAT. To proceed with the exchange, the buyer selects DGRX tokens as the medium of exchange and initiates a transaction from their wallet. The buyer must open their wallet and approve the transaction. Before the transaction is finalized, the VAT due is calculated and charged in euros (FIAT). This payment must be made using the payment methods provided by the issuer. Once the exchange is complete, the buyer receives a payment and invoice receipt, which can be accessed at any time in the back-office system (CRM).

The purchase is possible directly from the issuer throughout the entire public offering. Only after successful admission to trading on a crypto-asset trading platform will regulated buying and selling be possible.

Transfer restrictions arise from the fact that the DGRX token has not yet been listed on a crypto-asset trading platform. Furthermore, the commercial resale of DGRX tokens is prohibited under the General Terms and Conditions. Once the DGRX token becomes tradable on its first crypto-asset trading platform, a transfer restriction for stabilization purposes will take effect: Token holders may sell only 10% of the tokens acquired prior to listing per month on the crypto-asset trading platform. A full sale will thus be possible no later than 10 months after listing.

Not applicable.

Austrian Law.

The general place of jurisdiction for the issuer is the District Court or Regional Court of Feldkirch. Depending on the specific circumstances of the individual case, a different court may have jurisdiction.

The crypto-asset in scope is implemented on a private, EVM-compatible blockchain based on the Aura (Proof-of-Authority) consensus mechanism, following Ethereum standards, and is operated by qiibee AG.

The system is based on a private, EVM-compatible blockchain using the OpenEthereum Aura (Proof-of-Authority) protocol. Standard Ethereum interfaces and Solidity-based smart contracts are used. Communication with external systems (e.g., issuer webshop) is secured via HTTPS/SSL. All transactions are immutably recorded on-chain, ensuring a transparent and auditable data trail. Access to the network is restricted to authorized participants only; however, transaction data can be exported and independently verified for audit purposes.

The solution operates on a private blockchain infrastructure leveraging Aura consensus with a limited set of validator nodes. The network supports Solidity smart contracts and follows the Ethereum Virtual Machine (EVM) standard, ensuring compatibility with established tooling and ERC standards.

The network uses the Aura Proof-of-Authority (PoA) consensus mechanism, which is specifically designed for permissioned blockchain environments. A predefined and trusted set of validators is responsible for block production. Validators take turns in a deterministic round-robin sequence, resulting in predictable and fast block times (approximately 1–4 seconds) and low computational overhead.

Within the current private network, no economic incentive or transaction fee mechanism is implemented, as validators are permissioned entities operating under predefined governance arrangements. Consequently, transactions can be processed without gas fees.

The distributed ledger is operated and maintained by qiibee AG as a permissioned, private EVM-compatible blockchain. The network consists of a limited number of authorized validator nodes using the Aura (Proof-of-Authority) consensus mechanism. Smart contracts (Solidity) govern the issuance and transfer of the crypto-asset. Transactions are validated by authorized nodes, recorded immutably on-chain, and can be accessed for audit and verification purposes.

Not applicable, as no comprehensive audit of the technology used has been conducted or can be confirmed.

I.1 General risks associated with the offering

The public offering of crypto assets involves inherent risks arising from the nature of crypto assets, technological innovations, and changing regulatory frameworks. The crypto asset may lose some or all of its value, may not be transferable, and may be illiquid. Potential holders should carefully consider all of the risks described in this section before purchasing the token.

The purchase of the token does not constitute an investment in financial instruments, and no assurances can be given regarding liquidity, transferability, or continued usability.

In addition, there is market uncertainty: demand for the crypto assets offered depends on external factors such as the general market situation, technological developments, and investor confidence. There is a risk that the expected funds will not be raised in full, which may have an impact on the implementation of the project.

I.2 Market and demand-related risks

Demand for the token depends on the acceptance and use of the issuer's products and services within the ecosystem. There is no guarantee that sufficient acceptance will be achieved or that a sustainable level of demand will be reached.

Market conditions, technological developments, regulatory changes, or shifts in user preferences may have a negative impact on demand and thus on the practical usability of the token. Low usage of the token could result in the issuer's business model becoming unsustainable. If the token is not used sufficiently within the closed network, this could jeopardize the economic viability of the project. A low number of users or a lack of interest in the services offered could lead to the failure of the project in the long term.

I.3 Risks of dependence on a closed loop

The token is designed as a utility token for exclusive use within a closed ecosystem operated by the issuer. Its usability therefore depends entirely on the continued operation, availability, and acceptance of this ecosystem.

If the issuer discontinues or significantly restricts its platform, products, or services, or if the ecosystem does not gain sufficient acceptance, the token may lose some or all of its practical usability. The token is primarily intended for use within the project. Whether a liquid secondary market will develop depends on external factors and cannot be guaranteed.

I.4 Issuer-related and operational risks

The issuer is a newly founded company with a specific business model based on the operation of a closed ecosystem. Unforeseen financial bottlenecks, operational challenges, or strategic changes can have a negative impact on business operations.

Operational risks include, among other things, personnel risks, dependence on key service providers (e.g., qiibee AG for blockchain development, PULIT GmbH for web shop and CRM), internal process failures, or external events that disrupt normal operations. Such circumstances could impair the issuer's ability to maintain or further develop the token ecosystem. Insolvency, failures, or contractual disputes involving these third-party providers could disrupt token operations, e.g., during migration or wallet management. The operation of crypto-asset platforms and services may be affected by technical problems, management errors, or other operational challenges.

I.5 Governance and control-related risks

The issuer retains significant control over the token ecosystem, including technical parameters, usage rules, functionality, and platform development. The issuer is entitled to unilaterally change these parameters to the extent permitted by law.

Decisions made by the issuer may affect the usability, availability, or terms of use of the token and may not always be in line with the expectations or interests of individual token holders.

I.6 Risks associated with the token

The token does not grant any ownership rights, profit sharing, repayment claims, or governance rights in relation to the issuer. There is no guarantee that the token can always be exchanged for certain goods or services, especially in the event of operational disruptions or project termination.

The token is not initially freely tradable. Even if trading becomes technically possible at a later date, there is no guarantee that a liquid secondary market will develop. Even if the DGRX token is not traded on exchanges, demand for it may fluctuate significantly due to market sentiment, economic developments, and regulatory changes. Risks associated with payments in crypto assets (e.g., Ethereum, Bitcoin) include volatility during the transaction or network fees that could affect the effective price.

I.7 Liquidity and transferability risks

The transferability of the token may be restricted for technical, regulatory, or operational reasons. Listing on a crypto-asset trading platform is not guaranteed and may be delayed or not occur at all.

Restrictions on transferability or insufficient market demand may significantly limit liquidity and potentially prevent token holders from transferring or selling their tokens. Since the DGRX token is not freely tradable in the first phase and there is no provision for redemption in fiat currencies, this could lead to liquidity risks. If there is insufficient demand or trading platforms refuse or withdraw approval, liquidity may be severely restricted.

I.8 Risks in project implementation and development

The implementation of the project is subject to execution risks. Planned milestones, product enhancements, or technological developments may be delayed, changed, or not completed as intended.

If the technological, economic, or operational foundations of the project do not progress as planned, this may affect the long-term usability or attractiveness of the token. The planned project associated with the crypto asset may fall behind schedule or fail altogether. Lack of development or innovation: If the technological or economic basis of the project does not evolve, the long-term use or attractiveness of the token could decline. Capital and financing risks: If the project is not adequately financed, this could lead to insolvency or abandonment, causing the token to lose value.

I.9 Technological risks

The token is based on distributed ledger technology and smart contracts, which may be susceptible to vulnerabilities, errors, or security incidents. Exploitation of such vulnerabilities could lead to disruptions, data loss, or functional limitations.

The issuer initially operates the token on a private blockchain infrastructure, with a migration to a public blockchain planned. Both infrastructures are subject to risks such as network failures, performance limitations, or security issues. Faulty or insecure smart contracts can be exploited and lead to financial losses. Overloads or security issues in the underlying distributed ledger network may cause transaction delays or failures. Advances in technology may render existing protocols and systems obsolete, which could cause the project or token to lose relevance. In addition, there are cyber risks such as hacking attacks on wallet systems, phishing attempts, or data leaks, which could lead to the loss of tokens or personal data. The private blockchain is vulnerable to internal security breaches, and after migration to the public Ethereum blockchain, network-wide attacks (e.g., 51% attacks) could occur.

I.10 Migration risks

The planned migration from a private blockchain infrastructure to a public blockchain involves technical, legal, and operational risks. Delays, increased costs, incompatibilities, or regulatory restrictions may affect the schedule, feasibility, or outcome of the migration.

There is no guarantee that the migration will be successfully completed or that the functionality of the token will remain unchanged after such a migration. Unexpected events at the external service provider qiibee AG (before a migration) or the public Ethereum blockchain (after a migration) may have a negative impact on the token.

I.11 Regulatory and legal risks

The regulatory treatment of crypto assets is subject to ongoing development and interpretation. Changes in applicable laws, regulations, or supervisory practices at the national or European level may affect the issuance, use, transferability, or legal classification of the token.

Future regulatory requirements may impose additional obligations on the issuer or restrict certain aspects of the token ecosystem. The legal status of crypto assets varies from country to country and may change at any time due to regulatory changes. New laws or regulations may affect the use, trading, or approval of the token.

I.12 Lack of protection and compensation systems

The token is not covered by investor compensation schemes or deposit guarantee schemes. In the event of the issuer's insolvency, operational failure, or project interruption, token holders may suffer a partial or total loss of their purchased tokens.

Crypto assets are generally not protected by public insurance or deposit guarantee schemes. A total loss of the purchase price is possible. In the event of insolvency of the issuer or affiliated companies (e.g., KLIMATES AG or Seawater Beteiligungsverwaltung GmbH), token holders may not be entitled to repayment, as tokens do not constitute debt securities. There is no segregation of assets as with regulated financial products.

I.13 Risk mitigation measures

The issuer endeavors to mitigate identified risks by selecting established service providers, using widely accepted technological standards, and implementing internal organizational controls. However, risk mitigation measures cannot exclude all of the risks described in this section.

Qiibee AG was deliberately selected as an established service provider with proven references, including for large-scale projects. The planned migration to the established Ethereum blockchain, which is currently the subject of considerable public attention, suggests that the project will continue to run smoothly in the future. In addition, external auditing is planned in order to minimize potential vulnerabilities. Additional environmental risks, including adverse impacts on the climate due to the consensus mechanism, are detailed in Part J.

The network uses the Aura Proof-of-Authority (PoA) consensus mechanism, which is specifically designed for permissioned blockchain environments. A predefined and trusted set of validators is responsible for block production. Validators take turns in a deterministic round-robin sequence, resulting in predictable and fast block times (approximately 1–4 seconds) and low computational overhead.

Within the current private network, no economic incentive or transaction fee mechanism is implemented, as validators are permissioned entities operating under predefined governance arrangements. Consequently, transactions can be processed without gas fees.

The energy consumption associated with this crypto-asset is primarily driven by the operation of a private, permissioned blockchain network operated by qiibee AG, as well as the execution of token-specific smart contract operations.

Unlike public blockchain networks, the underlying infrastructure consists of a limited and predefined set of validator nodes (e.g., three nodes) operating under a Proof-of-Authority (Aura) consensus mechanism. As a result, energy consumption is significantly lower and more predictable compared to permissionless networks. There is no competitive mining or staking process; block production is deterministically assigned among authorized validators.

Given the current private setup, no direct on-chain measurement of energy consumption is available. Therefore, the figures provided represent a forward-looking estimate based on the expected operation of the network, including assumptions on node infrastructure, validator distribution, and transaction activity levels.

Energy consumption attributable to the crypto-asset is estimated based on its expected usage within the network (e.g., transaction volume and smart contract interactions), relative to the overall activity on the private blockchain.

Where assumptions are required (e.g., hardware specifications, uptime, and node operation), these are based on reasonable and conservative estimates. In line with the precautionary principle, estimates are calibrated to avoid underestimation of potential environmental impact.

Given that the underlying blockchain is a private, permissioned network operated by qiibee AG with a limited and predefined set of validator nodes, no geolocation analysis of nodes is performed. The infrastructure is centrally coordinated, and node deployment is known internally but not publicly disclosed.

As a result, the proportion of renewable energy usage cannot be determined based on public geographic data or external datasets. Instead, any assessment is based on high-level assumptions regarding standard data center energy mixes and typical cloud or enterprise infrastructure setups.

Unlike public blockchain networks, no reliance is placed on open-source crawlers, external node discovery, or proxy reference networks, as these approaches are not applicable in a permissioned environment with restricted access.

The energy intensity of the system is therefore estimated based on the marginal infrastructure usage per transaction within a controlled validator environment, taking into account the limited number of nodes.

To determine the GHG emissions associated with the crypto-asset, no geolocation-based analysis of validator nodes is performed. The underlying blockchain is a private, permissioned network operated by qiibee AG with a limited and predefined set of validator nodes, whose infrastructure is centrally managed and not publicly disclosed.

As a result, public data sources, open-source crawlers, or reference networks are not used to infer node distribution. Instead, GHG emissions are estimated based on standard assumptions regarding data center energy consumption and average carbon intensity factors for electricity.

The emissions attributable to the crypto-asset are calculated based on its expected share of network activity (e.g., transactions and smart contract execution), within a controlled validator environment.

The emission intensity is estimated as the marginal emissions associated with an additional transaction, taking into account the limited number of nodes and the energy-efficient Proof-of-Authority consensus mechanism.

Where assumptions are required, conservative estimates are applied in line with the precautionary principle to avoid underestimating potential environmental impact.