ShopNEXT.io, including but not limited to the overall project, website, smart contracts, and software app (“ShopNEXT”) as presented in this conceptual paper is not currently an active licensed or exempted financial or payment service of any kind and in any jurisdiction, although it might be in the future, subject to appropriate requirements and approval. Any financial or payment services terminology used in this whitepaper, on the ShopNEXT website, or within the app is intended only as a basic reference, without any effective or legal meaning of the same terms in a regulated and/or traditional financial environment. The NEXT token and STE tokens are strict utility tokens in any jurisdiction and can not be considered as a security or otherwise, a regulated token of any kind. It is not in any way e-money and/or fiat or asset-backed stable-coin, whether global or limited in scope. This whitepaper is not a contract or a contractual agreement of any kind, it is not an invitation or offer to invest in NEXT or STE or acquire or use these tokens in any way with any expectation of profit. Any user of ShopNEXT declares to have received appropriate technical, administrative, and legal advice before and after reading this whitepaper, the ShopNEXT Website, and using any part of the ShopNEXT App (including its tokens). The user accepts that there is an inherently high risk in acquiring or using any kind of blockchain and/or token, platform, software, interface and acknowledges with a full disclaimer for any of the persons or entities mentioned within this whitepaper, that there can be any kind of damage suffered, including total loss.