Props will initially be available only on the YouNow app. Other apps are in the process of integrating Props at the moment, and we anticipate that they will launch it in the coming months. 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 YouNow, Props PBC, or any other YouNow affiliate, any rights to distributions from YouNow, Props PBC, or any other YouNow affiliate, or any legal or contractual right to exercise control over the operations or continued development of YouNow, Props PBC, or any legal or contractual right to exercise control over the operations or continued development of any YouNow affiliate.

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.

Some modifications to an app may be needed in order to ensure Props are fully functional.

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.

Props will initially be available only on the YouNow app. Other apps are in the process of integrating Props at the moment, and we anticipate that they will launch it in the coming months.

Users can buy virtual items for other users on YouNow, and some users can benefit from a revenue sharing system when they receive virtual items.

Applies to Props holders above a certain level, please see terms and conditions or Offering Circular for more details.