$REIGN — Token Disclosure

Read this before you buy, hold or use $REIGN.

What $REIGN is

$REIGN is a community token on Robinhood Chain and the token of REIGN, our game. It is access, utility and support for building the game. Inside REIGN it has two uses:

• Hold it. A wallet linked to your REIGN account that holds at least 100,000 $REIGN makes you a member of the Royal Court for as long as it holds them (the members-only lands and dungeons, the members’ looks), shows the holders’ looks, puts you first in line when the servers are full, and opens private betas. The balance is checked when you play and regularly.
• Pay with it. The membership, looks and hero slots can be paid in $REIGN: a transfer from your linked wallet to REIGN’s wallet, at the price shown in the game. Tokens paid this way are not burned: they belong to us, and we may keep them or sell them on the open market to fund servers and development.

These are in-game features, not a financial return. The amounts and perks can change.

What $REIGN is not

• It is not a share, security, loan, deposit or claim on WEVIUM, its revenue or its assets. It pays no dividends, interest or revenue share.
• REIGN never pays out $REIGN or any other token for playing, and nothing in the game can be turned into $REIGN.
• We make no promise that $REIGN will have any value or market, and nothing we publish is investment, financial or tax advice.

Risks

Memecoins are extremely volatile and you can lose everything you put in. Markets can be thin, manipulated, or disappear. Smart contracts, launchpads, bridges and wallets can fail or be exploited. Transactions on a blockchain are irreversible. Only use money you can afford to lose, and check the laws of your country — the token may not be available where you live.

Fees

Every trade of $REIGN pays 2%: the launchpad's 1% fee (of which 0.7% of the trade goes to the token's creator) plus a 1% creator tax. In total the creator, WEVIUM, receives 1.7% of every trade, including after the coin moves to its Uniswap pool. This income and the $REIGN paid in REIGN fund the game’s servers, development and team. All of it is visible on-chain.

Independence

Robinhood Chain and the launchpad are operated by third parties. WEVIUM and REIGN are not affiliated with, sponsored or endorsed by Robinhood Markets, Inc. or the launchpad operator.