YOUNOW INC.
PRIVACY POLICY
Last Updated: 9/13/2017
This privacy policy (“Policy”) describes how YouNow Inc. and its related companies (“Company”) collect, use and share personal information of consumer users of this website, www.propsproject.com (the “Site”). This Policy also applies to any of our other websites that post this Policy. This Policy does not apply to websites that post different statements.
WHAT WE COLLECT
We get information about you in a range of ways.
USE OF PERSONAL INFORMATION
We use your personal information as follows:
SHARING OF PERSONAL INFORMATION
We may share personal information as follows:
We may also share aggregated and/or anonymized data with others for their own uses.
INFORMATION CHOICES AND CHANGES
Our marketing emails tell you how to “opt-out.” If you opt out, we may still send you non-marketing emails. Non-marketing emails include emails about your accounts and our business dealings with you.
You may send requests about personal information to our Contact Information below. You can request to change contact choices, opt-out of our sharing with others, and update your personal information.
You can typically remove and reject cookies from our Site with your browser settings. Many browsers are set to accept cookies until you change your settings. If you remove or reject our cookies, it could affect how our Site works for you.
CONTACT INFORMATION. We welcome your comments or questions about this privacy policy. You may also contact us at our address:
YouNow Inc.
575 7th Avenue
14th Floor
New York, New York 10018
support@propsfoundation.com
CHANGES TO THIS PRIVACY POLICY. We may change this privacy policy. If we make any changes, we will change the Last Updated date above.
Legal Disclaimer: The Securities and Exchange Commission (SEC) has qualified the offering statement that we have filed with the SEC. The information in that offering statement is more complete than the information we are providing now, and could differ in important ways. You must read the documents filed with the SEC before investing. The offering is being made only by means of its offering statement. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. An indication of interest involves no obligation or commitment of any kind. Any person interested in investing in any offering of Props Tokens should review our disclosures and the publicly filed offering statement and the final offering circular that is part of that offering statement at http://offeringcircular.propsproject.com. YouNow is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.
Forward-looking statements: This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements about our plans for developing the platform and future utility for the Props Token, our Reg A+ offering and launch of our network, and collaborations and partnerships. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion & Analysis” sections of our offering statement on Form 1-A. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.
1 Some modifications to an app may be needed in order to ensure Props are fully functional.
2 Transactions of Props Tokens require the payment of transaction fees in order to be effected on the Ethereum blockchain. YouNow may not pay these transaction fees and you may be responsible for these payments.
3 Users of an app that integrates Props may be able to receive Props upon their review and acceptance of the terms and conditions for use of the app and the completion of certain other administrative steps. A "financial stake in the network" means the ability to participate in an increase in the value of Props if the use of our platform increases and results in an increase in the demand for, and therefore the value of, Props. Holders of Props will not receive an interest in the profits or losses of any Open Props Inc. YouNow, Inc., YouNow App, any other App deploying Props, Props PBC, or any other Props affiliate, any rights to distributions from Open Props Inc., Props PBC, or any other affiliate, or any legal or contractual right to exercise control over the operations or continued development of Open Props Inc. Props Project, any Props App, Props PBC, or any legal or contractual right to exercise control over the operations or continued development of any Props affiliate.
2 There are currently no national securities exchanges or exchanges that have been approved by the Financial Industry Regulatory Authority or registered under Form ATS with the Securities and Exchange Commission to support the trading of Props on the secondary market. As a result, holders should be prepared to hold Props indefinitely, as there is no guarantee that holders will be able to sell or exchange their Props or realize any financial profit from their Props.
4 Some, but not all, of these features will be available upon qualification. Features that are not available upon qualification are coming soon.
Our comment in the video to YouNow’s sales of over $50 Million in virtual goods refers to sales during the calendar years 2016 through 2018.