Disclaimer

IMPORTANT DISCLOSURE ON RISK

E-Sports Ventures, Inc. an entity organized under the laws of the State of Delaware (the “Company”) is proposing to sell at varying price certain Non-Fungible Tokens (the “NFTs”) through a Token Generation Event (the “NFT Sale”). The number of NFTs to be sold, the purchase price per NFT and the other terms and conditions of the NFT Sale will be determined by discussions between the Company and prospective purchasers.

The NFTs offered for sale in the NFT Sale are speculative and involve a high degree of risk of loss of the purchase price. The NFTs have not been registered with or approved or disapproved by any securities or commodities regulator in any jurisdiction, nor has any regulatory authority passed on the accuracy or adequacy of the content of this White Paper. The Company expressly disclaims any representations to the contrary and have not authorized any third party to make in-kind representations.

This White Paper, does not constitute an offer to sell to, or solicit from, any individual or entity residing in any jurisdiction where such an offer or solicitation of cryptographic NFTs or other digital currencies are unlawful. The NFT Sale is not being offered to any entities and nations listed on the United States’ Office of Foreign Asset Control’s Specially Designated Nationals and Blocked Persons List. Each prospective purchaser must comply with all laws and regulations applicable to it, and in force, in any jurisdiction in which the Company offers to the sell the NFTs in the NFT Sale, and such individuals must obtain any necessary consent, approval or permission required to be obtained to participate in the NFT Sale where, under applicable law, it is so mandated. The Company shall bear no responsibility for any purchaser’s failure to adhere to all laws and regulations applicable to it and in force, during the NFT Sale.

The Company’s outside advisors have opined as to the applicability of prevailing securities laws with respect to the NFT Sale. In the event the NFTs being sold in the NFT Sale are deemed to be “securities,” the effect thereof may impair the rights, privileges and value of the NFTs. Likewise, the application of such laws may restrict the scope of the NFT Sale and enervate the Company’s ability to complete the NFT Sale. The applicability of securities laws in any jurisdiction may also restrict the transferability and right of resale of the NFTs. Moreover, changes in current laws and regulations in the jurisdictions where the NFT Sale is occurring may further diminish the value of the NFTs offered for sale in the NFT Sale. The Company has not received any assurances or opinions regarding the future impact of changes in current laws and regulations.

Nothing contained in this White Paper shall be interpreted as a promise or representation by the Company as to the past or future performance of the Company or the value of the NFTs. The White Paper is not intended to be all-inclusive or contain all the information that one may reasonably rely upon when making an informed decision to purchase the NFTs offered in the NFT Sale. Each recipient of this White Paper is responsible for conducting their own due diligence and retaining such professionals necessary to assess the relative risks associated with the NFT Sale as well as the applicability of all laws and regulations which may concern the NFT Sale. The contents of the White Paper does not constitute investment, legal or tax advice.

The information contained in the White Paper is predicated upon certain assumptions of the Company, which are forward-looking in nature and thus are inherently uncertain. Moreover, the White Paper includes information obtained from trade and other publications which has not been independently verified as to its accuracy. The Company maintains no obligation to update, alter or amend this White Paper. Thus, unforeseen risks, uncertainties or other factors may cause actual results to vary wildly from anticipated results or the expected results of any prospective purchaser.