Lemniscate
Token Purchase Agreement
Version 1.0 · Effective 13 October 2026
Lemniscate
Version 1.0 · Effective 13 October 2026
Important notice: the LMNS coin is a digital asset. Depending on your jurisdiction it may be subject to financial-markets regulation. LMNS has not been registered with the U.S. Securities and Exchange Commission or with any EU/EEA or UK authority. Purchasing LMNS involves significant risk, up to and including total loss. Read this Agreement together with the Risk Disclosure, the Whitepaper and the Terms of Service before you buy.
Issuer / Company: Lemniscate Labs LLC, a Wyoming limited liability company (Filing ID 2026-002104366), 30 N Gould St Ste R, Sheridan, WY 82801, USA (“Company”, “we”).
Purchaser: any natural person or entity that completes a purchase of LMNS through the Platform after meeting the eligibility and verification requirements of this Agreement (“you”).
“LMNS” means the native coin of the Lemniscate Chain (LRC-20 network) operated in connection with the Lemniscate messenger. “Platform” means the Lemniscate applications and the websites lemniscate.network and app.lemniscate.network. “Presale” means the sale of LMNS before the first exchange listing. “Whitepaper” means the document published at lemniscate.network/whitepaper, as amended from time to time. “Purchase Price” means the price displayed to you on the Platform at the time of your purchase.
LMNS is intended as a utility coin for use inside the Lemniscate ecosystem: paying for Premium and Business plans, creator subscriptions, gifts and tips, advertising bookings and other in-app services.
LMNS confers no profit participation, dividend, interest, revenue share, equity, membership interest, governance or voting right of any kind, and no claim against the Company other than as expressly stated in this Agreement. Nothing in this Agreement or in any Platform communication promises an increase in value.
4.1 Presale period. The Presale is currently expected to run until 1 February 2027. The Company may extend, shorten, pause or terminate the Presale at any time at its sole discretion.
4.2 Pricing. Prices are displayed on the Platform (see lemniscate.network/buy) at the time of purchase. Published prices and any phase schedules are indicative only and may change at any time without notice. A confirmed purchase is settled at the price confirmed to you at checkout.
4.3 Payment. Accepted payment methods are those shown to you at the time of purchase (for example USDC/USDT on supported networks inside the app). Confirmed payments are final.
4.4 No refunds. All purchases are final and non-refundable. The only exception is a reversal by the Company where your purchase is found ineligible under Section 5; in that case the Company refunds the Purchase Price less unavoidable third-party costs.
4.5 Presale transfer limitations. Until the first exchange listing, swapping LMNS into other assets and withdrawing LMNS to external venues are disabled for all customers. In-app uses of LMNS remain available.
5.1 All purchasers must be at least 18 years old, must hold a registered Platform account, must not be located or resident in a Restricted Jurisdiction (Section 6) and must not be subject to any sanctions list. The Company may require identity verification (KYC/AML) before or after a purchase and may withhold delivery until verification is complete.
5.2 U.S. persons. To the extent a sale to a U.S. person is treated as an offering of securities, it is made only in reliance on available exemptions. The Company may require a U.S. purchaser to verify accredited-investor status and may decline any purchase.
5.3 Non-U.S. persons must confirm that they are not purchasing for the account or benefit of a U.S. person.
LMNS is not offered to persons located or resident in: the European Union / EEA, the United Kingdom, China, North Korea, Iran, Russia, Belarus, Syria, Cuba, Venezuela, Myanmar, any jurisdiction on the FATF high-risk list, or any jurisdiction where the offer would require a registration, prospectus or licence the Company does not hold. The Company may amend this list at any time. Circumventing restrictions (for example via VPN) is prohibited and voids eligibility.
Purchased LMNS is credited to the built-in Lemniscate wallet of your account. The wallet is self-custodial: the keys are derived on your device and the Company does not hold them. You are solely responsible for your recovery phrase; lost keys mean the permanent loss of the assets. Where delivery to an external address is offered, the Company is not liable for errors in addresses you provide.
You may not transfer LMNS to persons in Restricted Jurisdictions. To the extent a sale was made under a securities exemption, statutory holding periods may apply before a transfer to or for the benefit of a U.S. person. The Company may implement technical measures that enforce transfer restrictions during the Presale.
You acknowledge that: digital assets can lose their entire value; there is no guaranteed liquidity, listing, return or price; the regulatory treatment of LMNS may change, including reclassification as a security in some jurisdictions; blockchain networks and smart contracts carry technical risk; you alone are responsible for your taxes; LMNS is not a bank deposit and is not insured by any deposit-protection scheme. The detailed risk factors are set out in the Risk Disclosure, which forms part of this Agreement.
You represent that you are 18 or older, not located in a Restricted Jurisdiction, that your verification data is accurate, that you have read the Whitepaper and the Risk Disclosure, that you purchase for your own account, and that you do not rely on any statement outside the official documents on lemniscate.network.
Nothing on the Platform, in the Whitepaper or in any Company communication is investment, legal, accounting or tax advice. The Company is not a registered investment adviser or broker-dealer.
The Platform and LMNS are provided “as is” and “as available”. To the maximum extent permitted by law, the Company excludes liability for indirect, incidental, special or consequential damages, and the Company’s aggregate liability under this Agreement is limited to the Purchase Price you paid.
Purchases are subject to KYC/AML and sanctions screening. The Company may suspend, freeze or reverse purchases, may refuse delivery where screening fails, and may report suspicious activity to the competent authorities. You warrant that you are not on any sanctions list and not located in a sanctioned region; false statements lead to termination and may lead to forfeiture to the extent permitted by law.
This Agreement is governed by the laws of the State of Wyoming, USA, without regard to conflict-of-laws rules. The courts of Sheridan County, Wyoming have exclusive jurisdiction; the Company may seek injunctive relief in any competent court.
This Agreement, the Risk Disclosure, the Whitepaper and the Terms of Service form the entire agreement for LMNS purchases; in case of conflict regarding a purchase, this Agreement controls. The Company may amend this Agreement by publishing an updated version at lemniscate.network/token-purchase-agreement; purchases made after publication are governed by the updated version.
If a provision of this Agreement is held unenforceable, the remaining provisions remain in full force.
LMNS is not offered under the EU Markets in Crypto-Assets Regulation (MiCA); the Company is not an authorised CASP and has not filed a crypto-asset white paper with any EU authority. The Company is not authorised by the UK FCA; UK financial-services compensation and ombudsman schemes do not apply. Residents of the EU/EEA and the UK are not eligible to purchase.
Lemniscate Labs LLC · 30 N Gould St Ste R, Sheridan, WY 82801, USA
E-mail: [email protected] · Web: lemniscate.network
Confirming the required checkboxes in the purchase flow constitutes your binding acceptance of this Agreement, equivalent to a written signature. The Platform records account, timestamp, quantity, confirmed price and, where applicable, delivery address.