Risk Disclosure Statement

Description

JOBTOKEN RISK DISСLOSURE STATEMENT

(Release 1)


Effective Date – September 19th, 2025
Issuer:  YOUR SERVICE LLC – FZCO ("YourService", "we", "our")


This Risk Disclosure Statement (the "Statement") is published pursuant to the Dubai Virtual Assets Regulatory Authority ("VARA") Virtual Asset Issuance Rulebook Part III “C” and related Regulations. Although Jobtoken qualifies as an Exempt Virtual Asset (VA) – Redeemable Closed‑Loop Virtual Asset and is not legally required to have a Risk Disclosure Statement, YourService provides this Statement voluntarily to help users make informed decisions.


VARA has not reviewed, approved, or endorsed Jobtoken and "makes no representations and provides no warranties regarding any Issuer or Virtual Asset".


This Statement describes the features of Jobtoken in its current configuration as of Effective Date. Any future changes to Jobtoken’s functionality will be reflected in an updated version of this Statement.

1. Purpose of Jobtoken (Release 1)

1.1. Jobtoken is a non‑transferable, closed‑loop digital reward that may only be granted during time‑limited promotional campaigns ("Promotions") when you create and verify an account on the YourService platform.
1.2. For the purposes of this Statement, the term “Release 1” refers solely to the initial set of permitted uses and restrictions that apply to Jobtoken; it does not represent a separate tranche, batch or issuance of tokens.
1.3. Under Release 1, Jobtoken cannot be sold, transferred, pledged, redeemed or exchanged for any goods, services, fiat currency or other virtual assets.

2. Key Definitions

2.1. Platform – The YourService marketplace available at https://yourservice.ae and through our mobile apps.
2.2. User / you – A natural or legal person who registers an account on the Platform.
2.3. Promotion – A limited‑duration marketing campaign under which Jobtokens may be allocated; current rules are published on the Promotions Page.
2.4 Jobtoken Balance – An off‑chain record of the Jobtokens allocated to your account.

3. Regulatory Status

3.1. Jobtoken is classified by YourService as an Exempt VA – Redeemable Closed Loop VA under Schedule 2 of the VA Issuance Rulebook.
3.2. As an Exempt VA, Jobtoken does not require prior VARA approval or a Whitepaper before issuance; however, all general rules in Part II of the VA Issuance Rulebook still apply.
3.3. Jobtoken is not: a security, e-money, a deposit, a derivative, a collective investment scheme, nor legal tender in any jurisdiction.
3.4. Should Jobtoken be re-categorised or new use cases enabled, YourService will comply with the variation-notification requirements under Part III “C” of the VA Issuance Rulebook and will publish an updated Risk Disclosure Statement.

4. Material Risks

4.1. No Monetary Value & No Market Jobtoken has no intrinsic or guaranteed monetary value. There is no public or secondary market on which you can sell or trade Jobtokens, and none is planned for Release 1.
4.2. PromotionDependent Allocation Receipt of Jobtokens is contingent on an active Promotion. YourService may start, modify, suspend or terminate Promotions at its sole discretion. If no Promotion is active, no Jobtokens will be granted.
4.3. No Redemption Functionality Redemption, burn or exchange features are not available in Release 1. Future activation is uncertain and may be postponed or cancelled.
4.4. Regulatory Change Changes in UAE or foreign regulations, or new VARA guidance, may require YourService to amend the Jobtoken programme, restrict its functionality or terminate it altogether.
4.5. Technology & Blockchain Risks Jobtoken is issued on the TON ProofofStake blockchain. Potential vulnerabilities – including smartcontract bugs, network forks or validator attacks – could result in loss or inaccessibility of Jobtokens.
4.6. Cyber & Account Security Unauthorised access to your Platform account, phishing, malware or device compromise could lead to loss of Jobtokens. You are responsible for maintaining strong credentials and device security.
4.7. Expiry & Forfeiture Jobtokens may expire 24 months after allocation or upon account closure, as set out in Section 11 of the. Platform Terms of Use.
4.8. Taxation The receipt of Jobtokens may be taxable in your jurisdiction. You are solely responsible for assessing and fulfilling any tax obligations arising from holding Jobtokens.
4.9. Environmental Impact TON uses ProofofStake, which significantly reduces energy consumption compared to ProofofWork systems. Nevertheless, all blockchain operations consume energy and have an environmental footprint.

5. Limitation of Liability

5.1. Jobtokens are provided “as is” without warranties of any kind.
5.2. To the maximum extent permitted by law, YourService and its affiliates shall not be liable for any direct, indirect, incidental or consequential losses arising out of – or in connection with – your acquisition, possession or use of Jobtokens, including loss of value, data, profits or opportunity.

6. Updates to this Statement

6.1. This Statement will be reviewed and updated whenever necessary to remain accurate. The most current version is always available at https://yourservice.ae/legal/jobtoken-risk-disclosure.
6.2. Archive of previous versions. All prior versions of this Statement are retained for a minimum period of 8 years from their respective effective dates and can be accessed at https://yourservice.ae/legal/jobtoken-risk-disclosure/archive. Each archived version is identified by effective date and is provided for reference purposes only.
6.3. If you are unable to access a particular version through the Archive, you may request a copy by emailing support@yourservice.com with (i) the version number or effective date you require and (ii) proof of your relationship with the Platform. We reserve the right to charge a reasonable administrative fee for physical copies.
6.4. The version that was in force at the time of the relevant transaction, interaction or event shall govern that transaction, interaction or event.

Contact Information

Legal & Compliance: support@yourservice.com
Registered Address: DSO‑IFZA Property FZCO, Building A1, Dubai Digital Park, Dubai Silicon Oasis, UAE.

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