| Be Informed Before You Begin

Before you begin to dive into using The Pecu Novus Network there are a few key things that you really need to know. Pecu Novus is a layer-1 blockchain network, its an infrastructure that can be integrated into a number of different systems. The Pecu Novus Network just happens to also have a native digital asset layered on top of the network called PECU.

Network stakeholders anywhere in the world have the ability to transfer digital assets of various types securely, swiftly and seamlessly on a peer to peer basis. In most peer to peer cases it is at a zero cost transactional basis. Any transfers made out of network may carry their own fees.

The Pecu Novus Mobile Wallet should be viewed similar to a bank vault, the same care and security that you would place with a bank vault should be placed with your Pecu Wallet.

Protecting your digital assets is key as they hold value, whether it is a digital document, NFT, token or other digital assets. With that said you should make it a priority to be well informed and protect your Pecu wallet and your private key(s). The Pecu Terminal is only accessible through an encrypted connection via your Pecu wallet, this is a security feature that is protecting your digital assets on the network.

Neglecting to be well informed is at your own peril, so it is highly advised to become familiar with all the protective measures in place on the network to protect your digital assets on The Pecu Novus Network.

| Securing your Pecu Novus Mobile Wallet

Ease of use of The Pecu Novus Network makes digital transfers globally quick, efficient, transparent and secure, this is part of what makes the network a great resource for global business. But lets put security at the forefront, if you had value in a bank vault then you would protect that access at all cost and expect the bank to do the same. Well you need to protect your Pecu Novus Mobile Wallet, Private Key and Pecu Terminal access in the same manner. The network does its part to protect your digital assets but you also need action to protect your digital assets.

The Pecu Novus Network and Pecu Terminal can provide high levels of encrypted security if and only if it is used correctly, so please make sure to protect your Private Keys, your Mobile Wallet and Pecu Terminal passwords, usernames and pin codes and be very careful who you share your information with. Lost network access or private keys cannot be retrieved by the Pecu Novus Network or anyone, so protect your private keys and associated access information. Protect Your Digital Assets!

| Pecu Novus Transactions are Irreversible

Be aware that any digital transfer performed on The Pecu Novus Network or Pecu Terminal cannot be reversed, its irreversible once a digital transfer completes from Sender to a Receiver. The Pecu Novus Network features the escrow system which is proprietary MVault platform that is integrated in the Pecu Novus Network for the benefit of the network members, it allows for various digital assets to be put in escrow with a release date. The release date can be from one day to three years with an early release and cancellation option, it all depends on the needs of the member. Pecu Novus 2.0 will have enhanced escrow features including a smart contract development tool.

Once the digital asset is released from escrow then the transfer is complete and irreversible. The only thing that can reverse a final transfer is if the Receiver willingly returns the PECU or digital asset to the Sender.

The Pecu Escrow System allows for contractual notes to be added to the digital transfer and in Pecu Novus 2.0 actual digital agreements will be able to be added to a digital transfer. This is all in place on the network to prevent any potential issues or fraud. Also be aware that The Pecu Novus Network detects typos and has protocols in place to prevent digital transfers from being sent to a wrong public key or multiple public keys at the same time.

Additional security functions will be added to Pecu Novus 2.0 and it will be an ongoing mission to continue to enhance the security for the benefit of network members.

| Government Taxes and Regulations

PECU, tokens or NFT’s created on the Pecu Novus Network can be considered a store of value, so more and more governments globally will require holders to pay income, sales, payroll, and capital gains taxes on anything that has value such as digital assets. So it is the responsibility of the member/holder to make sure that they adhere to government regulations, laws, and tax requirements that directly impact them.

| Pecu Novus is Not Anonymous

As with all layer-1 blockchain networks the public ledger is just that, Public. Each and every digital transfer is stored on that public ledger and is permanently in place within the mainnet. So your public key and transfer amounts can be viewed publicly on the mainnet and Pecuscan,  so its your responsibility to do your best to protect yourself by changing your Pecu Novus Public Key following a transfer, this can be easily done in the Pecu Terminal. Your public key is revealed during a digital transfer, so definitely adopt good practices with the Pecu Novus Network to protect your digital assets. Even though permissioned based systems are not public, it is always recommended to adopt good practices and treat it as it were permissionless as a layer of self protection.

| PECU Pricing May Become Volatile

Be aware that any digital token created on the network and PECU itself may at times have volatile pricing fluctuations due to supply & demand as well as it being a young economy. Although the Pecu Novus Network has a true and scalable utility, PECU the digital asset can be seen as a store of value and a true asset, its never recommended that you put all your eggs in one basket, so to speak.

The high risk nature of any young economy should be taken into account. There may be a growing list of service providers, such as cryptocurrency exchanges, that may be able to convert PECU and tokens created on the network into other digital assets or fiat currency, just make sure they are secure and verified as a legitimate service provider before moving your digital assets out of network, remember all digital transfers not in escrow are irreversible.

| What Happens If Your Private Key is Lost?

Private keys are just that Private, no one has access to that information other than the Pecu Novus Mobile Wallet holder or who they share it with. So in the event that the wallet holder transfers their PECU or other digital tokens out of network to an outside wallet or cryptocurrency exchange and they should lose their private key or information, then there is nothing that the Pecu Novus Network can do to help in this case. Those digital assets, if not recovered by the PECU holder or the organization who owns the outside digital wallet or cryptocurrency exchange, could possibly be lost forever.   The digital assets not recovered will become dormant after a time due to the fact that those digital assets cannot be accessed to use, not even by the Pecu Novus Network. The Pecu Novus Network has safeguards to prevent this from happening on the network itself by wallet holders having other information associated with their Pecu Novus Mobile Wallet and Pecu Terminal. This keeps the digital assets on the network safe and sound. It is always a wise idea if you do decide to hold your PECU or other digital assets on a cryptocurrency exchange or outside digital wallet to save your private key information somewhere safe, as there is no way to help to recover lost private keys.