No. Clover10X is not a security or regulated financial product. It’s a rewards-based platform that converts real-world consumer activity into digital earnings. While Clover10X involves digital assets and payouts, participation does not constitute an investment in a financial scheme. It’s a platform for shared economic value, backed by real revenue streams:

• Voucher Fees

• Mini-games

• Sale of NFTs

• Functional Perks (See Q4)

Powered by AI + Web3, Clover10X turns everyday consumer activity into real monthly income, designed for 100M+ Gen Zs and Millennials across ASEAN. It aims to deliver Universal Passive Income (UPI) at scale and not speculative gains.

Your funds fuel growth — not payouts. This model is about scaling real usage — not financial recycling. All fund allocations are transparently tracked and subject to audit and we reinvest proceeds to expand the ecosystem:

• High-volume merchant voucher campaigns

• Gamified mini-games with PlaysOut

• Onboarding merchants + AI-powered loyalty programs

• Activating 169M telco users across Indonesia and the Philippines.

Each GEN001 NFT is eligible for monthly rewards, up to 30% depending on ecosystem activity and performance. There is no guaranteed return, and actual payouts may vary. Once you’ve received cumulative payouts equal to your original value, you’re “in the money.” Thereafter, you can:

• Continue earning (up to a 10X cap), or

• Sell your NFT on the Clover Marketplace

Only 1,000 GEN001 NFTs exist. As usage grows, market interest may increase — enabling organic price discovery. Many may choose to hold to maturity, driving scarcity and potentially, resale value.

Yes — NFT utilities add real-world value. These include:

• Access Utilities: Special access to mini-games, merchant deals, early NFT drops.

• Loyalty Enhancers: Cashback, bonus CLV rewards, status upgrades.

• Gamified Incentives: Extra earnings tied to referrals and ecosystem engagement

These perks don’t offer fiat payouts, but enhance your experience, status, and earning potential.

We chose not to offer one — and here’s why:

• We value transparency & stay compliant

• We avoid Ponzi-style recycling of funds

• We focus on value from real participation

Instead, you get potential upside (up to 10X) and ways to hedge.

Yes — through our Affiliate Program. Here’s how it works:

• Tier 1: Earn 10% from direct referrals

• Tier 2: Earn 5% from referrals of your referrals

• Valid for 5 years from your first NFT purchase

• Payouts halve each year: 10% → 5% → 2.5% → 1.25% → 0.625%

• Paid in fiat and to your CLV Wallet

Example:

Refer 4 friends → earn S$400
They each refer 3 others (12 total) → earn S$600

In the above illustration, you would have recovered your S$1,000 even before monthly payouts begin. Actual earnings depend on your referrals making valid purchases. Earnings are not guaranteed.

Yes, through our Impact Allocation Option. GEN001 holders may choose to donate 10% to 50% of their monthly payouts to vetted climate and social impact organizations.

Currently available Recipients:

• World Vision – for youth, health, education, and poverty alleviation https://www.worldvision.org

• World Resources Institute (WRI) – for climate action and global sustainability https://www.wri.org

How Clover executes donations:

• Deduct your nominated amount monthly

• Aggregate and donate to the recipient(s)

• Act as the official donor (you remain anonymous unless otherwise stated)

You can update your preferences anytime. Donations are made quarterly and reports will be made available online. Future NFT series may embed giving directly into the smart contract for transparent, programmable philanthropy.

Clover10X is not classified as a regulated financial product under current Singapore law. Singapore’s Monetary Authority (MAS) does not currently regulate NFTs, as they are:

• Non-fungible (i.e., unique and not interchangeable like cryptocurrencies)

• Not generally accepted as a medium of exchange, unlike digital payment tokens

Clover10X NFTs are structured as rewards-based digital assets — backed by real commerce (vouchers, mini-games, affiliate activity), not pooled capital or speculative investments.

Here’s how Singapore’s legal landscape applies:

✅ Not covered by the Payment Services Act (PSA) — since NFTs are not digital payment tokens

✅ Recognized as property — the Singapore High Court affirms NFTs are digital assets with proprietary rights

✅ Smart contract terms apply — every NFT’s rights and rewards are governed by clear smart contracts

✅ No guaranteed returns — participation does not involve promises or interest-bearing instruments

✅ Taxation may apply — any income earned
(e.g., from resale or referral commissions) may be subject to local tax obligations

Clover10X is proactively aligned with MAS principles on fairness, transparency, and auditability and we continue to consult legal advisors as the regulatory landscape evolves. Future-ready and community-first. This is how Clover10X builds responsibly in Web3.

No — Clover10X does not function as an exchange or trading platform as defined under Singapore’s Financial Services and Markets (FSM) Act.

While NFTs may be resold by their holders, Clover10X:

• Does not provide or operate a marketplace for secondary trading of financial products.

• Does not offer liquidity guarantees, order matching, or market-making services.

• Does not facilitate exchange of NFTs as payment tokens or securities.

NFT holders may choose to resell their Clover10X NFTs peer-to-peer through willing buyer–willing seller arrangements, similar to digital collectibles or membership passes.

The primary value proposition of Clover10X NFTs is to reward participation from real-world commercial activity (voucher fees, mini-games, ecosystem engagement), not speculative trading or asset exchange. This structure ensures Clover10X remains outside the regulatory definitions of:

• Digital Payment Token (DPT) services under the Payment Services Act (PSA).

• Financial exchange platforms under the FSM Act.

Clover continuously aligns with MAS principles of transparency and fair-dealing. Legal advisors are engaged to ensure regulatory clarity as the ecosystem scales.

Future NFTs will launch at S$100 or even S$50 to make Universal Passive Income (UPI) accessible to more people and usher in a future of democratized wealth. We aim to empower 100 million Gen Z and Millennials across Southeast Asia by 2050.