The distribution (the “Token Distribution”)of the “Pilot Lab Tokens” or “PTD” (the “Tokens”), to be used by users (“Users”) on Pilot Protocol (“Project”)and other participants of the Project to be developed by Pilot Lab, as detailed in this whitepaper (“Whitepaper”) is only intended for, made to or directed at, persons who are not Excluded Persons (as defined herein), and may be acted upon only by such persons. Moreover, this Whitepaper is not, is not intended to be and should not be construed to be, a prospectus or offer document of any sort and is not intended to and should not be construed to constitute an offer of shares or securities of any form, units in a business trust, units in a collective investment scheme or any other form of invest mentor regulated product, or a solicitation for any form of investment or regulated product in any jurisdiction. No regulatory authority has examined or approved of any of the information set out in this Whitepaper. This Whitepaper has not been registered with any regulatory authority in any jurisdiction. The focus of this Whitepaper is on the Project and the Pilot Token Distribution. You may have received, been in possession of or perused this Whitepaper, which contains additional important (related) information about the Pilot Protocol project (or, the “Project”), including the Project, the Tokens and their respective functions. This Whitepaper and such other documents as may be published by the Project team in relation to the Project, each as may be amended, modified, or supplemented from time to time (hereinafter collectively referred to as the “Project Documents”) are intended to be read in conjunction with one another for the purpose of any proposed purchase or use of Tokens.