Not a Stable Asset: LAX is not designed, marketed, or intended as a “stablecoin.” Its supply is adaptive, and its value is not guaranteed to remain fixed.

No ICO or Token Sale: LAX was not issued through an initial coin offering (ICO), token sale, or securities offering. No fundraising from the public was conducted.

Jurisdictional Restrictions: #

LAX is not available to residents or citizens of countries where cryptocurrency is illegal.

LAX is restricted from use by residents or citizens of the United States and the European Union due to regulatory uncertainty.

Compliance Responsibility: Users are responsible for ensuring compliance with their local laws before acquiring or using LAX.