White Paper Report


			..
	White paper for crypto-assets other than asset-referenced tokens or e-money tokens

	Digital Token Identifier:	337X3JGX0
	Offeror or person seeking admission to trading:	98450028A8870637V290 - Future Energy Global AG
	Type of submission:	New

Table of content
General information
SUMMARY
Part A - Information about offeror or person seeking admission to trading
Part B - Information about issuer, if different from offeror or person seeking admission to trading
Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
Part D - Information about other token project
Part E - Information about offer to public of other tokens or their admission to trading
Part F - Information about other tokens
Part G - Information on rights and obligations attached to other tokens
Part H – Information on underlying technology
Part I - Information on risks
Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts




[Table 2] Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens

Template for white papers for crypto-assets other than asset-referenced tokens or e-money tokens [abstract]
General information
00 Table of content	boolean true	true
01 Date of notification	date	2026-01-26
02 Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114	boolean true	This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper.
03 Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114	boolean true	This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 of the European Parliament and of the Council and, to the best of the knowledge of the management body, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.
04 Statement in accordance with Article 6(5), points (a), (b), (c), of Regulation (EU) 2023/1114	boolean true	The crypto-asset referred to in this crypto-asset white paper may lose its value in part or in full, may not always be transferable and may not be liquid
05 Statement in accordance with Article 6(5), point (d), of Regulation (EU) 2023/1114	boolean true	The utility token referred to in this white paper may not be exchangeable against the good or service promised in this white paper, especially in the case of a failure or discontinuation of the crypto-asset project.
06 Statement in accordance with Article 6(5), points (e) and (f), of Regulation (EU) 2023/1114	boolean true	The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council or the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.
SUMMARY
07 Warning in accordance with Article 6(7), second subparagraph, of Regulation (EU) 2023/1114	boolean true	Warning This summary should be read as an introduction to the crypto-asset white paper. The prospective holder should base any decision to purchase this crypto –asset on the content of the crypto-asset white paper as a whole and not on the summary alone. The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law. This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council or any other offer document pursuant to Union or national law.
08 Characteristics of the crypto-asset	textBlock	The GROW Token (GROW) is designed to provide holders digital access to a decentralized ecosystem of sustainable infrastructure services. Its primary purpose is to be consumed for services within the GROW ecosystem, including renewable energy access, solar panel installations and ongoing maintenance and repair services, electric vehicle (EV) charging, and taxi services. The token holders get access to these services and can participate in the ecosystem's governance of the GROW ecosystem with the GROW token. The token is freely transferable, subject to applicable laws and trading platform rules. The GROW token does not represent equity or ownership rights, nor does it provide any guaranteed return on entitlement. Instead, it is used to access services, incentives participation, and enable governance within the GROW ecosystem.
09 Further information about utility tokens	textBlock	The GROW token provides access to a network of services with operational capacity, including 225 MW of solar electricity, solar panel installations and ongoing maintenance and repair services, over 50 EV charging stations, and access to taxi services. The quality of these services is ensured through partnerships with established and vetted service providers.
10 Key information about the offer to the public or admission to trading	textBlock	Total offer amount: CHF 25,000,000 Total number of tokens to be offered to the public: 50,000,000 GROW tokens (Total Supply: 1,000,000,000 GROW) Subscription period: 12 February 2026 to 12 August 2026 Minimum and maximum subscription amount: Minimum: CHF 10,000,000 (20,000,000 tokens) / Maximum: CHF 25,000,000 (50,000,000 tokens) Issue price: CHF 0.50 per GROW token Subscription fees (if any): None Target holders of tokens: Both retail and professional investors in the European Union and EEA Description of offer phases: Single phase public offering Form of placement: Without a firm commitment basis Admission to trading: To be defined.
Part A - Information about offeror or person seeking admission to trading
A.1 Name	text	Future Energy Global AG
A.2 Legal form	text	Swiss Stock Corporation according to art. 620 Swiss Code of Obligations
A.3 Registered address
Registered addess	text	Roosstrasse 53, 8832 Wollerau
Country	enumeration	Switzerland
Sub-division	text
A.4 Head office
Head office	text	Roosstrasse 53, 8832 Wollerau
Country	enumeration	Switzerland
Sub-division	text
A.5 Registration date	date	2023-03-09
A.6 Legal entity identifier	LEI	98450028A8870637V290
A.7 Another identifier required pursuant to applicable national law	text	Swiss Company Number: CH-130.3.032.129-6
A.8 Contact telephone number	text	+41 76 434 83 26
A.9 E-mail address	text	token@growtokens.io
A.10 Response time (days)	integer	10
A.11 Parent company	text	Future Energy Global AG is an independent entity and is not a subsidiary of any parent company.
A.12 Members of the management body
Member #1	id	1
Identity	text	Fabian Stroehle
Business address	text	Roosstrasse 53, 8832 Wollerau, Switzerland
Function	text	Chief Executive Officer (CEO)
Member #2	id	2
Identity	text	Richard Appleyard
Business address	text	Roosstrasse 53, 8832 Wollerau, Switzerland
Function	text	Chief Financial Officer (CFO)
Member #3	id	3
Identity	text	Hugh Macmillen
Business address	text	Roosstrasse 53, 8832 Wollerau, Switzerland
Function	text	Chief Information Officer (CIO)
A.13 Business activity	textBlock	The purpose of Future Energy Global AG is the development and implementation of infrastructure projects in the field of renewable energies as well as provision of series in the field of information technology, in particular the development of software and the sale of related products. Furthermore, the business activity of Future Energy Global AG is the issuance of the GROW token and the development, maintenance and promotion of the decentralised GROW ecosystem and its associated sustainable infrastructure services.
A.14 Parent company business activity	textBlock	Not applicable.
A.15 Newly established	boolean	false
A.16 Financial condition for the past three years	textBlock	As Future Energy Global AG was established on 9 March 2023, it has not been in operation for three years. A financial review covering the period since establishment is provided below.
A.17 Financial condition since registration	textBlock	Future Energy Global AG has experienced fluctuations in financial performance in the past. While Future Energy Global AG was starting to break even, it still made a loss in 2023 and 2024. However, Future Energy Global AG is currently financially stable. Looking ahead to 2026 the Future Energy Global AG anticipates positive financial development, supported by the issuance of the GROW token. Future Energy Global AG has no material outstanding liabilities, debts or financial commitments and does not face any financial risks or uncertainties impacting its long-term sustainability.
Part B - Information about issuer, if different from offeror or person seeking admission to trading
B.1 Issuer different from offerror or person seeking admission to trading	boolean	false
B.2 Name	N/A		.
B.3 Legal form	N/A		.
B.4 Registered address
Registered addess	N/A		.
Country	N/A		.
Sub-division	N/A		.
B.5 Head office
Head office	N/A		.
Country	N/A		.
Sub-division	N/A		.
B.6 Registration date	N/A		.
B.7 Legal entity identifier	N/A		.
B.8 Another identifier required pursuant to applicable national law	N/A		.
B.9 Parent company	N/A		.
B.10 Members of the management body
Member #1	N/A		.
Identity	N/A		.
Business address	N/A		.
Function	N/A		.
B.11 Business activity	N/A		.
B.12 Parent company business activity	N/A		.
Part C - Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
C.1 Name	N/A		.
C.2 Legal form	N/A		.
C.3 Registered address
Registered address	N/A		.
Country	N/A		.
Sub-division	N/A		.
C.4 Head office
Head office	N/A		.
Country	N/A		.
Sub-division	N/A		.
C.5 Registration date	N/A		.
C.6 Legal entity identifier	N/A		.
C.7 Another identifier required pursuant to applicable national law	N/A		.
C.8 Parent company	N/A		.
C.9 Reason for crypto-asset white paper preparation	N/A		.
C.10 Members of the management body
Member #1	N/A		.
Identity	N/A		.
Business address	N/A		.
Function	N/A		.
C.11 Operator business activity	N/A		.
C.12 Parent company business activity	N/A		.
C.13 Other persons drawing up the crypto-asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114	N/A		.
C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114	N/A		.
Part D - Information about other token project
D.1 Crypto-asset project name	text	Global Renewable Onchain Wealth (GROW)
D.2 Crypto-asset name	text	GROW Token
D.3 Abbreviation	text	GROW
D.4 Crypto-asset project description	textBlock	The GROW token purpose is to confer digital access rights to sustainable infrastructure applications and services ("ecosystem services") within the GROW ecosystem. All GROW tokens will be immediately usable upon issuance for accessing ecosystem services. The GROW token can be used within the sustainable infrastructure of the GROW ecosystem, focusing on immediate consumptive utility across solar energy services, vehicle charging, electricity purchases. In addition, GROW token holders may participate in the governance of the underlying blockchain protocol of GROW tokens. Future Energy Global AG will operate a platform for the GROW token designed to facilitate access to sustainable infrastructure services, such as electricity, electric vehicles charging and related applications ("GROW network"). The participants on the platform are service providers who offer ecosystem services within the GROW ecosystem and the customers, who consume and buy the ecosystem services within the GROW ecosystem.
D.5 Details of all natural or legal persons involved in implementation of crypto-asset project
Person #1	id	1
Type of person	enumeration	Development team
Name of person	text	Fabian Stroehle
Business address of person	text	Roosstrasse 53, 8832 Wollerau
Domicile of company	enumeration	Switzerland
Person #2	id	2
Type of person	enumeration	Development team
Name of person	text	Richard Appleyard
Business address of person	text	Roosstrasse 53, 8832 Wollerau
Domicile of company	enumeration	Switzerland
Person #3	id	3
Type of person	enumeration	Development team
Name of person	text	Hugh Macmillan
Business address of person	text	Roosstrasse 53, 8832 Wollerau
Domicile of company	enumeration	Switzerland
D.6 Utility token classification	boolean	true
D.7 Key features of goods or services for utility token projects	text	The GROW token provides access to the following key services within the GROW ecosystem: renewable energy access, EV charging, solar panel installations (including maintenance and repair services), taxi services and governance participation.
D.8 Plans for the token
Description of past milestones	textBlock	Project conception, company structuring, successful token audit, onboarding of initial service providers.
Description of future milestones	textBlock	Public offering (Q1 2026) EV Network expansion (Q2 2026), launch of governance portal (Q3 2026) expansion into new EU member states (2027)
D.9 Resource allocation	text	The funds raised from the public offering will be allocated to the following key areas: 40% Ecosystem development 30% Service provider onboarding 15% Marketing and community building 10% Legal and operational 5% Contingency fund
D.10 Planned use of collected funds or other tokens	text	The collected funds will be used exclusively for the purposes outlined in the Resource Allocation (D.9) to ensure the growth and sustainability of the GROW ecosystem.
Part E - Information about offer to public of other tokens or their admission to trading
E.1 Public offering or admission to trading	enumeration	Offer to public
E.2 Reasons for public offer or admission to trading	textBlock	The primary reasons for the public offer are to fund the continued development and expansion of the GROW ecosystem to decentralise the holding of the token and to foster a wide and engaged user base from the outset.
E.3 Fundraising target
Target expressed in currency	monetary	25000000	CHF
Target expressed in units	decimal	5000000
Target expressed in digital token identifier	text
E.4 Minimum subscription goals
Goals expressed in currency	monetary	10000000	CHF
Goals expressed in units	decimal	20000000
Goals expressed in digital token identifier	text
E.5 Maximum subscription goals
Goasl expressed in currency	monetary	25000000	CHF
Goals expressed in units	decimal	50000000
Goals expressed in digital token identifier	text
E.6 Oversubscription acceptance	boolean	false
E.7 Oversubscription allocation	text	Not applicable.
Issue price details
E.8 Issue price	decimal	0.50
E.9 Official currency determining issue price	enumeration	Swiss Franc
E.9 Any other tokens determining issue price	text
E.10 Subscription fee
Fee expressed in currency	monetary		EUR
Fee expressed in units	decimal
Fee expressed in digital token identifier	text
E.11 Offer price determination method	text	The offer price was determined by the management body based on the project's funding requirements and a competitive analysis of similar utility token offerings.
E.12 Total number of offered or traded other tokens	integer	50000000
E.13 Targeted holders	enumeration	All types of investors
E.14 Holder restrictions	text	This offer is not available to persons in jurisdictions where such offers are prohibited by law, including the United States of America.
E.15 Reimbursement notice	boolean true	In the event the minimum subscription goal of CHF 10,000,000 is not reached, purchasers will be notified via email and public announcement on the official website within 3 business days of the offer's closing date.
E.16 Refund mechanism	textBlock	Refunds will be processed in the same currency as the original payment. For crypto-asset payments, the equivalent amount of crypto-assets will be returned to the purchaser's wallet.
E.17 Refund timeline	text	Within 20 business days of the offer's cancellation
E.18 Offer phases	textBlock	The public offer will be conducted in a single phase from 12 February 2026 to 12 August 2026. The Offeror reserves the right, at its sole discretion, to close the subscription period at any time prior to the scheduled subscription end date.
E.19 Early purchase discount	textBlock	Not applicable.
E.20 Time-limited offer	boolean	true
E.21 Subscription period beginning	date	2026-02-12
E.22 Subscription period end	date	2026-08-12
E.23 Safeguarding arrangements for offered funds or other tokens	textBlock	All funds and crypto-assets collected during the subscription period will be held in custody authorised credit institution (to be defined).
E.24 Payment methods for other token purchase	textBlock	Purchasers can subscribe to the GROW token using the following payment methods: • Swiss Franc (CHF) • Euro (EUR) • Ethereum (ETH) • Bitcoin (BTC) Crypto-asset payments will be converted to the CHF equivalent at the time of the transaction.
E.25 Value transfer methods for reimbursement	textBlock	Reimbursements will be processed using the same payment method as the original subscription.
E.26 Right of withdrawal	textBlock	Purchasers have the right to withdraw their subscription within 14 calendar days of the subscription. Notifications must be sent to token@growtokens.io.
E.27 Transfer of purchased other tokens	textBlock	Purchased GROW tokens will be transferred to the purchaser's IOTA-compatible wallet address.
E.28 Transfer time schedule	text	Within 48 hours after the successful completion of the subscription period.
E.29 Purchaser's technical requirements	textBlock	A compatible IOTA wallet (e.g. Firefly, Tangle Pay) and access to the internet. Purchasers should also have technical means to safeguard private keys kinked to their wallets.
Other token services provider characteristics
E.30 Other token service provider (CASP) name	text	Not applicable. The offer is conducted directly by the issuer.
E.31 CASP identifier	LEI
E.32 Placement form	enumeration
Trading platforms characteristics
E.33 Trading platforms name	text	Not applicable
E.34 Trading platforms market identifier code (MIC)	text	Not applicable
E.35 Trading platforms access	text	Not applicable
E.36 Involved costs	textBlock	Purchasers will not be charged for any expenses by the issuer. Network transaction fees may apply.
E.37 Offer expenses	textBlock	The issuer will bear all administrative, legal and marketing expenses related to the public offering.
E.38 Conflicts of interest	textBlock	To the best of our knowledge, there are no potential conflicts of interest concerning the persons involved in the public offer.
E.39 Applicable law	textBlock	Any dispute arising out of or in connection with the crypto-asset white paper shall be governed exclusively by Swiss law without regards to conflict of law rules or principles.
E.40 Competent court	textBlock	Subject to mandatory applicable law, any dispute out of or in connection with this crypto-asset white paper or the GROW token shall be exclusively subject to the jurisdiction of the courts of the Canton of Schwyz, Switzerland
Part F - Information about other tokens
F.1 Crypto-asset type	text	Utility Token
F.2 Other token functionality	textBlock	The GROW token is designed to provide holders digital access to a decentralised ecosystem of sustainable infrastructure services. Its primary purpose is to be used for services within the GROW ecosystem, including the following: • Renewable energy access • Solar panel installations • Ongoing maintenance and repair services regarding solar panels • Electric vehicle charging • Taxi services Furthermore, the GROW token holders can participate in the ecosystem's governance, which can involve any protocol related decisions such as voting for proposals to change the technical parameters of the protocol (e.g. service parameters etc.) or for operational ecosystem decisions. The decisions will be purely on chain and directly executed in a fully automated manner without any intermediary. The token is freely transferable subject to applicable laws and trading platform rules. Holders of GROW tokens have no power of disposal over any assets (including tokens) nor can they allocate any assets (including tokens) to themselves using the governance. The GROW token does not represent equity or ownership rights, nor does it provide any guaranteed return on entitlement. Instead, it is used to access services, incentivise participation and enable governance within the GROW ecosystem.
F.3 Planned application of functionalities	textBlock	All core functionalities of the GROW token will be active and available immediately upon the token's distribution to holders.
A description of the characteristics of the other token, including the data necessary for classification of the crypto-asset white paper in the register referred to in Article 109 of Regulation (EU) 2023/1114, as specified in accordance with paragraph 8 of that Article
F.4 Type of crypto-asset white paper	enumeration	Other crypto-asset token white paper
F.5 Type of submission	enumeration	New
F.6 Other token characteristics	textBlock	The GROW tokens are issued on the IOTA Blockchain and provide access to services, is only accepted by the issuer and its partner service providers, and does not purport to maintain a stable value. GROW token does not confer ownership or enforceable rights.
F.7 Commercial name or trading name	text	GROW Token
F.8 Website of the issuer	text	www.growtokens.io
F.9 Starting date of offer to the public or admission to trading	date	2026-02-12
F.10 Publication date	date	2026-02-12
F.11 Any other services provided by the issuer	textBlock	Future Energy Global AG is solely focused on the development of the GROW ecosystem and does not provide any other services.
F.12 Language or languages of white paper	text	English
F.13 Digital token identifier code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available	text	337X3JGX0
F.14 Functionally fungible group digital token identifier, where available	text	8C81T2SC1
F.15 Voluntary data flag	boolean	false
F.16 Personal data flag	boolean	false
F.17 LEI eligibility	boolean	true
F.18 Home member state	enumeration	Ireland
F.19 Host member states #1	enumerationSet	Austria
F.19 Host member states #2	enumerationSet	Belgium
F.19 Host member states #3	enumerationSet	Bulgaria
F.19 Host member states #4	enumerationSet	Croatia
F.19 Host member states #5	enumerationSet	Cyprus
F.19 Host member states #6	enumerationSet	Czechia
F.19 Host member states #7	enumerationSet	Denmark
F.19 Host member states #8	enumerationSet	Estonia
F.19 Host member states #9	enumerationSet	Finland
F.19 Host member states #10	enumerationSet	France
F.19 Host member states #11	enumerationSet	Germany
F.19 Host member states #12	enumerationSet	Greece
F.19 Host member states #13	enumerationSet	Hungary
F.19 Host member states #14	enumerationSet	Iceland
F.19 Host member states #15	enumerationSet	Italy
F.19 Host member states #16	enumerationSet	Latvia
F.19 Host member states #17	enumerationSet	Liechtenstein
F.19 Host member states #18	enumerationSet	Lithuania
F.19 Host member states #19	enumerationSet	Luxembourg
F.19 Host member states #20	enumerationSet	Malta
F.19 Host member states #21	enumerationSet	Netherlands
F.19 Host member states #22	enumerationSet	Norway
F.19 Host member states #23	enumerationSet	Poland
F.19 Host member states #24	enumerationSet	Portugal
F.19 Host member states #25	enumerationSet	Romania
F.19 Host member states #26	enumerationSet	Slovakia
F.19 Host member states #27	enumerationSet	Slovenia
F.19 Host member states #28	enumerationSet	Spain
F.19 Host member states #29	enumerationSet	Sweden
Part G - Information on rights and obligations attached to other tokens
G.1 Purchaser rights and obligations	textBlock	Purchasers or holders of GROW tokens do not acquire any specific contractual rights or legal claims against an issuer or anyone else by holding the token. GROW token is a decentralised network token, not a share or debt instrument, therefore, owning GROW token grants no governance rights in a legal entity, no entitlement to dividends, profits or any form of interest and no claim on any underlying assets or collateral. The utility of the GROW token is limited to the use of the GROW token within the GROW ecosystem, including functionalities such as transfer, participation in governance mechanisms and access to the services of the service providers within the GROW ecosystem.
G.2 Exercise of rights and obligations	textBlock	Holding, transfer or using the GROW tokens within the GROW ecosystem require no special procedures beyond having a compatible wallet.
G.3 Conditions for modifications of rights and obligations	textBlock	Rights and obligations may only be modified through the decentralised governance process, requiring a majority vote of the token holders.
G.4 Future public offers	textBlock	Not applicable
G.5 Issuer retained other token	integer	550000000
G.6 Utility token classification	boolean	true
G.7 Key features of goods or services utility tokens	text	The GROW token provides access to the following services within the GROW ecosystem: • renewable energy access • solar panel installations • ongoing maintenance and repair services regarding solar panels • electric vehicle charging • taxi services • governance
G.8 Utility tokens redemption	text	The GROW token does not provide a redemption right towards the issuer.
G.9 Non-trading request	boolean	true
G.10 Other tokens purchase or sale modalities	text	After the public offer, GROW tokens can be bought and sold on secondary markets (trading platforms).
G.11 Other tokens transfer restrictions	text	There are no restrictions on the transferability of GROW tokens, other than those that may be imposed by law.
G.12 Supply adjustment protocols	boolean	true
G.13 Supply adjustment mechanisms	text	Not applicable
Other token schemes details
G.14 Token value protection schemes	boolean	false
G.15 Token value protection schemes description	textBlock	Not applicable
G.16 Compensation schemes	boolean	false
G.17 Compensation schemes description	textBlock	Not applicable
G.18 Applicable law	textBlock	Any dispute arising out of or in connection with the crypto-asset white paper shall be governed exclusively by Swiss law, excluding its conflict of law rules or principles.
G.19 Competent court	textBlock	Subject to mandatory applicable law, any dispute out of or in connection with this crypto-asset white paper or the GROW token shall be exclusively subject to the jurisdiction of the courts of the Canton of Schwyz, Switzerland.
Part H – Information on underlying technology
H.1 Distributed ledger technology (DTL)	text	The IOTA (Internet of Things Application) network is a distributed ledger technology that differs from traditional blockchains. Instead of a linear chain of blocks, IOTA uses a directed acyclic graph (DAG) structure called the Tangle, where each new transaction confirms two previous ones. This eliminates the need for conventional mining and associated transaction fees, resulting in a system where transactions are essentially free. Due to the architecture IOTA is particularly well suited for micropayments and applications, offering fast, scalable and cost-efficient transactions without the limitations of traditional blockchain systems. The native currency is MIOTA.
H.2 Protocols and technical standards	text	IOTA protocol, IOTA Native Token Standard
H.3 Technology used	textBlock	distributed ledger technology
H.4 Consensus mechanism	text	Tangle (Directed Acyclic Graph - DAG). Please refer to part H.1
H.5 Incentive mechanisms and applicable fees	text	The IOTA network is feeless for value transfers. However, smart contract execution may require the payment of fees to node operators.
H.6 Use of distributed ledger technology	boolean	true
H.7 DLT functionality description	textBlock	The IOTA Tangle is operated by a decentralised network of nodes.
Other token audit details
H.8 Audit	boolean	false
H.9 Audit outcome	textBlock	Not applicable
Part I - Information on risks
I.1 Offer-related risks	textBlock	- Market Risk: The price of crypto-assets can be highly volatile. The value of GROW tokens may fluctuate significantly after the public offer due to market sentiment, trading activity, and broader economic factors. There is no guarantee that the issue price will be maintained. - Liquidity Risk: There is no guarantee that a liquid secondary market for GROW tokens will develop or be sustained. A lack of liquidity could make it difficult for holders to sell their tokens at a fair market price or at all. Regulatory changes may impact trading conditions, exchange availability, or compliance requirements, potentially restricting access to GROW tokens in certain jurisdictions or imposing additional obligations on holders. - Security Risk: The risk of exploitation, hacking or security vulnerabilities of the underlying protocol and/or smart contracts of the token leading to a loss. - Abandonment / Lack of Success Risk: This is the risk that the activities of the Future Energy Global AG must be abandoned for several reasons including, but not limited to, lack of interest from the public, lack of funding, incapacitation of key developers and project members, force majeure (including pandemics and wars) or lack of commercial success or prospects. - Project Change Risk: The project of the Future Energy Global AG may evolve over time. This could involve pivoting from its original vision, or modifying how that vision is is executed. Such changes may be driven by market conditions, regulatory developments, technological advancements, or strategic decisions by the project's team.
I.2 Issuer-related risks	textBlock	- Operational Risk: Future Energy Global AG faces operational risks, including management challenges, legal and compliance burdens, and the potential for human error, which could impact its ability to effectively develop and manage the ecosystem. - Regulatory Risk: The regulatory landscape for crypto-assets is evolving. Future regulations in the EU or other jurisdictions could adversely affect the Future Energy Global AG's operations, the token's utility, or its legal classification. Changes in law or regulations may negatively impact the value, legality, or functionality of the GROW token. Non-compliance can result in investigations, enforcement actions, penalties, fines, sanctions, or the prohibition of trading the GROW token impacting viability and market acceptance. Future Energy Global AG could also be subject to private litigation. - Financial Risk: Future Energy Global AG's ability to continue operations is dependent on the successful management of its funds. Financial mismanagement or unforeseen expenses could affect the project's longevity. - Industry Risk: Future Energy Global AG is and will be subject to all the risks and uncertainties associated with any new venture, visionary projects, including the risk that the Future Energy Global AG will not be able to realize its purpose or vision and the project. Other projects may have the same or a similar vision as Future Energy Global AG.
I.3 Other tokens-related risks	textBlock	- Market Risk: Crypto-assets, including GROW tokens, are highly volatile and can experience significant price swings in short periods, increasing the risk of sudden and substantial losses. Such valuation risk arises as the market value of a crypto-asset may not always reflect its underlying utility or fundamentals and is subject to subjective assessment. GROW token holders are thus exposed to potential for losses due to the GROW token's potential fluctuations in value, driven by various factors such as supply and demand dynamics, investor sentiment, and broader market trends, incl. changes in interest rates, general movements in local and international markets, technological advancements, regulatory changes, and media coverage. Notably, momentum pricing of crypto-assets has previously resulted, and may continue to result, in speculation regarding future appreciation or depreciation in the value of such assets, further contributing to volatility and potentially inflating prices at any given time. Liquidity risk, where a lack of depth in secondary markets – if any – or limited trading volumes can hinder the ability to execute trades at favourable prices, which could lead to significant losses, especially in fast-moving market conditions. As a result, holders of GROW tokens may experience challenges in managing their holdings, with the value of the asset subject to unpredictable fluctuations and potential depreciation. - Loss of Private Keys: The loss of the private keys to a wallet holding GROW tokens will result in the irreversible loss of those tokens. The holder is solely responsible for the security of their wallet. - Custodial Risk: The method chosen to store GROW tokens, like any crypto-asset, carries inherent risks related to the security and management of the storage solution. The chosen storage method - whether hot or cold wallets, or centralised custody - can significantly impact the safety, liquidity, and accessibility of GROW tokens, with direct consequences for the holder's ability to access, trade, or retain their assets. - Blockchain and Transactions Risks: GROW tokens are issued on the IOTA Blockchain, making it subject to network congestions and potential disruptions, which may impact settlement times. Transactions recorded on the IOTA Blockchain are irreversible. An incorrect or fraudulent transaction cannot be undone. - Legal and Regulatory Risk: There is a lack of regulatory harmonization and cohesion globally, which results in diverging regulatory frameworks and possible further regulatory evolutions in the future. These could negatively impact the value, utility, and overall viability of GROW tokens and, in extreme cases, force Future Energy Global AG to cease operations. Notably, while GROW tokens do not create or confer any contractual or other obligations against any party, certain non-EU regulators may nevertheless classify them as securities, financial instruments, or payment instruments under their respective legal frameworks. Such classifications could impose specific regulatory constraints, leading to significant changes in how GROW tokens are structured, issued, purchased, or traded. Evolving regulations could substantially increase Future Energy Global AG's compliance costs. New or restrictive regulations could result in the GROW tokens losing functionality, depreciating in value, or even becoming illegal or impossible to use, buy, or sell in certain jurisdictions. Regulators could take enforcement action against Future Energy Global AG if they determine that the GROW tokens constitute a regulated instrument or that Future Energy Global AG's activities violate existing laws. Such actions could expose of Future Energy Global AG, its affiliates, directors, and officers to legal and financial penalties, including civil and criminal liability. - Adoption and Ecosystem Risk: The utility of GROW tokens depend on user adoption and platform growth. If demand for the GROW ecosystem does not scale as expected, GROW token's use case may be lower than anticipated. - Scam Risk: This is the risk of loss resulting from a scam or fraud suffered by GROW token holders from other malicious actors. These scams include – but are not limited to – phishing on social networks or by email, fake giveaways, identity theft of Future Energy Global AG or its management body, creation of fake GROW tokens, offering fake GROW token airdrops, among others. - Anti-Money Laundering/Counter-Terrorism Financing Risk: This is the risk that crypto-asset wallets holding GROW token or transactions in GROW token may be used for money laundering or terrorist financing purposes or identified to a person known to have committed such offenses. There is thus a risk that a public address holding GROW tokens could be flagged in relation to Anti-Money Laundering or Counter-Terrorism Financing efforts. In such cases, receiving GROW tokens could result in the holder's address being flagged by relevant authorities, trading platforms, or other service providers, which may lead to restrictions on transactions or the freezing of assets. Consequently, holders of GROW tokens may face legal or regulatory challenges if their address becomes associated with illicit activities, impacting their ability to freely access, trade, or transfer their tokens. - Taxation Risk: The taxation regime that applies to the trading of GROW tokens by either individual holders or legal entities will depend on each GROW token holder's jurisdiction. Future Energy Global AG E238cannot guarantee that the holding of GROW tokens, the reception of the GROW token, conversions of fiat currency against GROW tokens, or conversions of other crypto-assets against GROW tokens, will not incur tax consequences. It is the GROW token holder's sole responsibility to comply with all applicable tax laws, including, but not limited to, the reporting and payment of income tax, wealth tax or similar taxes arising in connection with the appreciation and depreciation of the GROW token. - Market Abuse Risk: The market for crypto-assets is rapidly evolving, spanning local, national, and international platforms with an expanding range of assets and participants. Any market abuse, along with a potential loss of confidence among holders, could adversely impact the value and stability of GROW tokens. Notably significant trading activity may take place on systems and platforms with limited oversight and predictability. Sudden and rapid changes in the supply or demand of a crypto-asset, particularly those with low market capitalization or low unit prices, can result in extreme price volatility. Additionally, the inherent characteristics of crypto-assets and their underlying infrastructure may be exploited by certain market participants to engage in abusive trading practices such as front-running, spoofing, pump-and-dump schemes, and fraud across different platforms, systems, or jurisdictions.
I.4 Project implementation-related risks	textBlock	- Adoption Risk: The success of the GROW project depends on the widespread adoption of its services by both users and service providers. There is no guarantee that the ecosystem will achieve the necessary network effect to be self-sustaining. - Competition Risk: The GROW project may face competition from both traditional and other blockchain-based solutions that could hinder its growth. - Service Delivery Risk: The ability to use GROW tokens is dependent on the continued operation and expansion of the service ecosystem. Any disruption to these services, or failure to grow the network, could impact the token's utility and demand. - Third-Party Integration Risk: Future Energy Global AG collaborates with exchanges, blockchain infrastructure providers, space technology companies, and other third parties. Any delays, technical failures, or security breaches in these third-party services could affect the availability or functionality of the GROW token. - Wallet Compatibility Risk: The ability to securely store and transfer GROW token depends on using wallets compatible with the IOTA blockchain. Using unsupported or misconfigured wallets may result in loss of access to tokens or failed transactions.
I.5 Technology-related risks	textBlock	- DLT Risks: The IOTA Blockchain, like any public DLT, is subject to technological risks, including network instability, software bugs, and potential security vulnerabilities that could disrupt the network's operation. Additionally, vulnerabilities or failures in the consensus mechanism, attacks on the network, or protocol-level bugs could impact the operation and availability of GROW token. - Cybersecurity Risk: The GROW token holders acknowledge that, despite best efforts to enhance security, the technological components supporting the GROW token - including its blockchain infrastructure, smart contracts - may be vulnerable to cyberattacks. Malicious actors may exploit software vulnerabilities, attack consensus mechanisms, or compromise private keys to gain unauthorised access to GROW tokens. Risks include hacking attempts on the IOTA blockchain, smart contract exploits, phishing attacks, malware infections, and other forms of cybercrime that could result in the theft, loss, or unauthorized transfer of GROW tokens. Since digital assets exist entirely in a technological environment, they are inherently exposed to evolving cyber threats, some of which may be undetectable or irreparable until after significant damage has occurred. - Scalability Risk: While IOTA is designed for scalability, unforeseen limitations could arise as the network of users and services grows, potentially impacting transaction speed and user experience. - Smart Contract Vulnerabilities: GROW tokens rely on IOTA smart contracts. Any bugs, exploits, or coding errors could lead to security breaches, unintended losses, or unauthorized access. - Smart Contract-Level Risk: The issuance and transfers of GROW tokens rely on smart contracts deployed on a blockchain network, which introduce specific technical and security risks. Smart contracts are self-executing, meaning any vulnerabilities, coding errors, or unforeseen logic flaws in the issuance contract could result in unintended consequences, such as the incorrect distribution of tokens, loss of funds, or permanent locking of tokens. Additionally, smart contracts are exposed to potential exploits, including hacking attempts, reentrancy attacks, and other forms of malicious activity that could compromise the security of the issuance process. Once deployed, the smart contract governing the issuance of GROW tokens cannot be easily altered or corrected. Governing any discovered vulnerabilities may be difficult or impossible to fix without significant coordination, community approval, or even a network fork. Furthermore, changes to the underlying blockchain network – such as updates to consensus mechanisms, transaction processing rules, or gas fee structures – could affect the functionality or cost-efficiency of the issuance smart contract. These risks could lead to disruptions in token issuance, security breaches, or a loss of confidence in the GROW ecosystem, potentially impacting the GROW token's value and usability. - Future Blockchain Migrations: GROW tokens will be issued on the IOTA Blockchain. It may be extended to other blockchains in the future. Technical migration risks, interoperability issues, or unforeseen complications may arise.
I.6 Mitigation measures	textBlock	Future Energy Global AG has implemented various measures to mitigate the risks outlined in this crypto-asset white paper. These include comprehensive disclosures, technology testing (security audits), and careful selection of personnel, management, and third-party partners. Many of these risks, however, are inherent to the broader underlying blockchain protocol, making complete elimination impossible. To further reduce exposure to such risks, prospective GROW token holders should adopt appropriate safeguards based on their chosen custodial methods and remain vigilant by actively monitoring publicly available new and market signals, enabling them to respond swiftly to developments which may result in the materialization of specific risks.
Part J - Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
J.1 Adverse impacts on climate and other environment-related adverse impacts	textBlock	The IOTA Tangle consensus mechanism is designed to be highly energy-efficient. Unlike traditional proof-of-work blockchains, IOTA does not require energy-intensive mining. The energy consumption of the IOTA network is minimal and is comparable to that of traditional centralized systems.
Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
General information about adverse impacts
S.1 Name	text	n/a
S.2 Relevant legal entity identifier	text
S.3 Name of the crypto-asset	text
S.4 Consensus mechanism	text
S.5 Incentive mechanisms and applicable fees	text
S.6 Beginning of period to which disclosed information relates	date
S.7 End of period to which disclosed information relates	date
Mandatory key indicator
S.8 Energy consumption	energy (kWh)
Sources and methodologies
S.9 Energy consumption sources and methodologies	textBlock
Supplementary information on principal adverse impacts on climate and other environment-related adverse impacts of consensus mechanism
Supplementary key indicators
S.10 Renewable energy consumption	percent
S.11 Energy intensity	energy (kWh)
S.12 Scope 1 DLT GHG emissions - controlled	GHG emissions (tCO2e)
S.13 Scope 2 DLT GHG emissions - purchased	GHG emissions (tCO2e)
S.14 GHG intensity	GHG emissions (tCO2e)
Sources and methodologies
S.15 Key energy sources and methodologies	textBlock
S.16 Key GHG sources and methodologies	textBlock
Optional information on principal adverse impacts on the climate and on other environment-related adverse impacts of the consensus mechanism
Optional indicators
S. 17 Energy mix	percent
S.18 Energy use reduction
Energy use reduction target (absolute value)	energy (kWh)
Energy use reduction target (percentage)	percent
S.19 Carbon intensity (kgCO2e/kWh)	decimal
S.20 Scope 3 DLT GHG emissions - value chain	GHG emissions (tCO2e)
S.21 GHG emissions reduction targets or commitments	textBlock
S.22 Generation of waste electrical and electronic equipment (WEEE)	mass (tonnes)
S.23 Non-recycled WEEE ratio	percent
S.24 Generation of hazardous waste	mass (tonnes)
S.25 Generation of waste (all types)	mass (tonnes)
S.26 Non-recycled waste ratio (all types)	percent
S.27 Waste intensity (all types)	mass (tonnes)
S.28 Waste reduction targets or commitments (all types)	textBlock
S.29 Impact of use of equipment on natural resources	textBlock
S.30 Natural resources use reduction targets or commitments	textBlock
S.31 Water use	volume (m3)
S.32 Non recycled water ratio	percent
Sources and methodologies
S.33 Other energy sources and methodologies	textBlock
S.34 Other GHG sources and methodologies	textBlock
S.35 Waste sources and methodologies	textBlock
S.36 Natural resources sources and methodologies	textBlock