2024-01-01 2024-12-31

Mirai Research Limited MiCAR White Paper

IN ACCORDANCE WITH

TITLE II OF REGULATION (EU) 2023/1114

Table of Contents

  1. Information about the Person Seeking Admission to Trading
    1. A.1 Name
    2. A.2 Legal Form
    3. A.3 Registered address
    4. A.4 Head office
    5. A.5 Registration Date
    6. A.6 Legal entity identifier
    7. A.7 Another identifier required pursuant to applicable national law
    8. A.8 Contact telephone number
    9. A.9 E-mail address
    10. A.10 Response Time (Days)
    11. A.11 Parent Company
    12. A.12 Members of the Management body
    13. A.13 Business Activity
    14. A.14 Parent Company Business Activity
    15. A.15 Newly Established
    16. A.17 Financial condition since registration
  2. Information about the issuer, if different from the offeror or person seeking admission to trading
    1. B.1 Issuer Information
    2. B.2 Name
    3. B.3 Legal Form
    4. B.4 Registered address
    5. B.5 Head office
    6. B.6 Registration Date
    7. B.7 Legal entity identifier
    8. B.8 Another identifier required pursuant to applicable national law
    9. B.9 Parent Company
    10. B.10 Members of the Management Body
    11. B.11 Business Activity
    12. B.12 Parent Company Business Activity
  3. Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
    1. C.1 Name
    2. C.2 Legal Form
    3. C.3 Registered address
    4. C.4 Head office
    5. C.5 Registration Date
    6. C.6 Legal entity identifier of the operator of the trading platform
    7. C.7 Another identifier required pursuant to applicable national law
    8. C.8 Parent Company
    9. C.9 Reason for Crypto-Asset White Paper Preparation
    10. C.10 Members of the Management body
    11. C.11 Operator Business Activity
    12. C.12 Parent Company Business Activity
    13. C.13 Other persons drawing up the crypto- asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
    14. C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114
  4. Information about the Crypto-Asset Project
    1. D.1 Crypto-asset project name
    2. D.2 Crypto-assets name
    3. D.3 Abbreviation
    4. D.4 Crypto-asset project description
    5. D.5 Details of all natural or legal persons involved in the implementation of the crypto-asset project
    6. D.6 Utility Token Classification
    7. D.7 Key Features of Goods/Services for Utility Token Projects
    8. D.8 Plans for the token
    9. D.9 Resource Allocation
    10. D.10 Planned Use of Collected Funds or Crypto-Assets
  5. Information about the Admission to Trading
    1. E.1 Public Offering or Admission to trading
    2. E.2 Reasons for Public Offer or Admission to trading
    3. E.3 Fundraising Target
    4. E.4 Minimum Subscription Goals
    5. E.5 Maximum Subscription Goal
    6. E.6 Oversubscription Acceptance
    7. E.7 Oversubscription Allocation
    8. E.8 Issue Price
    9. E.9 Official currency or any other crypto- assets determining the issue price
    10. E.10 Subscription fee
    11. E.11 Offer Price Determination Method
    12. E.12 Total Number of Offered/Traded Crypto- Assets
    13. E.13 Targeted Holders
    14. E.14 Holder restrictions
    15. E.16 Refund Mechanism
    16. E.17 Refund Timeline
    17. E.18 Offer Phases
    18. E.19 Early Purchase Discount
    19. E.20 Time-limited offer
    20. E.21 Subscription period beginning
    21. E.22 Subscription period end
    22. E.23 Safeguarding Arrangements for Offered Funds/Crypto-Assets
    23. E.24 Payment Methods for Crypto-Asset Purchase
    24. E.25 Value Transfer Methods for Reimbursement
    25. E.26 Right of Withdrawal
    26. E.27 Transfer of Purchased Crypto-Assets
    27. E.28 Transfer Time Schedule
    28. E.29 Purchaser's Technical Requirements
    29. E.30 Crypto-asset service provider (CASP) name
    30. E.31 CASP identifier
    31. E.32 Placement form
    32. E.33 Trading Platforms name
    33. E.34 Trading Platforms Market Identifier Code (MIC)
    34. E.35 Trading Platforms Access
    35. E.36 Involved costs
    36. E.37 Offer Expenses
    37. E.38 Conflicts of Interest
    38. E.39 Applicable law
    39. E.40 Competent court
  6. Information about the Crypto-Assets
    1. F.1 Crypto-Asset Type
    2. F.2 Crypto-Asset Functionality
    3. F.3 Planned Application of Functionalities
    4. F.4 Type of white paper
    5. F.5 The type of submission
    6. F.6 Crypto-Asset Characteristics
    7. F.7 Commercial name or trading name
    8. F.8 Website of the issuer
    9. F.9 Starting date of offer to the public or admission to trading
    10. F.10 Publication date
    11. F.11 Any other services provided by the issuer
    12. F.12 Language or languages of the white paper
    13. F .13 Digital Token Identifier Code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available
    14. F.14 Functionally Fungible Group Digital Token Identifier, where available
    15. F.15 Voluntary data flag
    16. F.16 Personal data flag
    17. F.17 LEI eligibility
    18. F.18 Home Member State
    19. F.19 Host Member States
  7. Information on the rights and obligations attached to the crypto-assets
    1. G.1 Purchaser Rights and Obligations
    2. G.2 Exercise of Rights and obligations
    3. G.3 Conditions for modifications of rights and obligations
    4. G.4 Future Public Offers
    5. G.5 Issuer Retained Crypto-Assets
    6. G.6 Utility Token Classification
    7. G.7 Key Features of Goods/Services of Utility Tokens
    8. G.8 Utility Tokens Redemption
    9. G.9 Non-Trading request
    10. G.10 Crypto-Assets purchase or sale modalities
    11. G.11 Crypto-Assets Transfer Restrictions
    12. G.12 Supply Adjustment Protocols
    13. G.13 Supply Adjustment Mechanisms
    14. G.14 Token Value Protection Schemes
    15. G.15 Token Value Protection Schemes Description
    16. G.16 Compensation Schemes
    17. G.17 Compensation Schemes Description
    18. G.18 Applicable law
    19. G.19 Competent court
  8. Information on the Underlying Technology
    1. H.1 Distributed ledger technology
    2. H.2 Protocols and technical standards
    3. H.3 Technology Used
    4. H.4 Consensus Mechanism
    5. H.5 Incentive Mechanisms and Applicable Fees
    6. H.6 Use of Distributed Ledger Technology
    7. H.7 DLT Functionality Description
    8. H.8 Audit
    9. H.9 Audit outcome
  9. Information on Risks
    1. I.1 Offer-Related Risks
    2. I.2 Issuer-Related Risks
    3. I.3 Crypto-Assets-related Risks
    4. I.4 Project Implementation-Related Risks
    5. I.5 Technology-Related Risks
    6. I.6 Mitigation measures
  10. Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts
    1. S.1 Name
    2. S.2 Relevant legal entity identifier
    3. S.3 Name of the crypto-asset
    4. S.4 Consensus Mechanism
    5. S.5 Incentive Mechanisms and Applicable Fees
    6. S.6 Beginning of the period to which the disclosure relates
    7. S.7 End of the period to which the disclosure relates
    8. S.8 Energy consumption
    9. S.9 Energy consumption sources and methodologies
01. Date of Notification: 2025-11-05

Regulatory Disclosures

02. Statement in accordance with Article 6(3) of Regulation (EU) 2023/1114:
This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The person seeking admission to trading of the crypto-asset is solely responsible for the content of this crypto-asset white paper.
03. Compliance statement in accordance with Article 6(6) of Regulation (EU) 2023/1114
This crypto-asset white paper complies with Title II of Regulation (EU) 2023/1114 and, to the best of the knowledge of the management body of Mirai Research Limited, the information presented in the crypto-asset white paper is fair, clear and not misleading and the crypto-asset white paper makes no omission likely to affect its import.
04. Statement in accordance with Article 6(5), points (a), (b), (c):
The crypto-asset referred to in this white paper may lose its value in part or in full, may not always be transferable and may not be liquid.
05. Statement in accordance with Article 6(5), point (d):
The utility token referred to in this white paper may not be exchangeable against the good or service promised in the crypto-asset white paper, especially in the case of a failure or discontinuation of the crypto-asset project.
06. Statement in accordance with Article 6(5), points (e) and (f):
The crypto-asset referred to in this white paper is not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council. The crypto-asset referred to in this white paper is not covered by the deposit guarantee schemes under Directive 2014/49/EU of the European Parliament and of the Council.

Summary

07. Warning:
This summary should be read as an introduction to the crypto-asset white paper. The prospective holder should base any decision to purchase this crypto-asset on the content of the crypto-asset white paper as a whole and not on the summary alone. The offer to the public of this crypto-asset does not constitute an offer or solicitation to purchase financial instruments and any such offer or solicitation can be made only by means of a prospectus or other offer documents pursuant to the applicable national law. This crypto-asset white paper does not constitute a prospectus as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council (36) or any other offer document pursuant to Union or national law.
08. Characteristics of the Crypto-Asset Holders of the OLAXBT token acquire the right to access and use various features within the OlaXBT ecosystem, including AI agent services, proprietary Data Layer insights, and the Model Context Protocol (MCP) for creating custom agents. The token is designed for utility and does not grant holders any ownership, voting rights, dividends, or financial claims against the issuer. To exercise these rights, users must hold the token in a compatible wallet and interact with the platform's interfaces, while complying with its terms of service and jurisdictional requirements. These rights and obligations may be modified through protocol updates, smart contract upgrades, or changes to the terms of service, particularly in response to legal, regulatory, or security needs.
09. Utility Token Summary The OLAXBT ($AIO) utility token grants access to services within the OlaXBT decentralized AI trading ecosystem, a platform providing AI-powered market intelligence. With a total supply of 1 billion tokens, its primary utilities include: (i) AI Agent Services, which provide real-time alpha and actionable trading insights, and (ii) the Model Context Protocol (MCP) ecosystem, enabling users to access servers, toolkits, and a no-code interface to build custom agents. While the token is generally transferable, transferability is restricted for users in specific jurisdictions (Belarus, Cuba, Iran, North Korea, Russia, Syria), and tokens allocated to the team and investors are subject to vesting-based transfer restrictions.
10. Key Information About the Admission to Trading No public offer of OLAXBT (AIO) tokens is being made for fundraising purposes. This disclosure relates to the token's admission to trading, and as such, there is no subscription period, issue price, or fundraising target. The primary reason for seeking admission to trading is to enhance the token's accessibility and liquidity in regulated markets, making it available to a wider European user base and supporting the growth of the OlaXBT ecosystem. Admission to trading is being sought on the Kraken trading platform. No crypto-asset service provider has been appointed to place the token.

A. Information about the Person Seeking Admission to Trading

A.1 Name: Mirai Research Limited
A.2 Legal Form: 6EH6
A.3 Registered address: Asia Leading Chambers, Road Town, VG1110, VG
A.4 Head office: Asia Leading Chambers, Road Town, VG1110, VG
A.5 Registration Date: 2024-05-08
A.6 Legal entity identifier: N/A
A.7 Another identifier required pursuant to applicable national law: 2148065
A.8 Contact telephone number: 63390063
A.9 E-mail address: hello@olaxbt.xyz
A.10 Response Time (Days): 1
A.11 Parent Company: Ola Protocol Limited
A.12 Members of the Management body:
Name Business Function Business Address
Chan Kin Kwan Director 8/F, United Centre, 95 Queensway Admiralty, HK
A.13 Business Activity: The offeror's business activity is centered around an innovative, MCP-driven marketplace known as OlaXBT. This platform empowers cryptocurrency traders by providing an AI agent, powered by reinforcement learning, that enhances trading with real-time alpha and actionable insights. The core of the business is the "MCP Space," a user-centric environment where users can design, customize, and deploy their own trading agents without needing coding expertise, using a simple drag-and-drop interface. These agents leverage various modules, such as wallet analytics, KOL sentiment analysis, and market trend tracking, to deliver personalized trading plans and automated strategies. Additionally, the offeror is developing an open-source AI Market Maker system aimed at simulating cryptocurrency market-making to provide liquidity and optimize bid-ask spreads for crypto assets.
A.14 Parent Company Business Activity: Customise and sell the AI solution to companies with localisation and deployment services.
A.15 Newly Established: false
A.17 Financial condition since registration:

Summary of Financial Condition: Since registration on May 8, 2024, Mirai Research Limited has focused on development, strategic partnerships, and community building, culminating in the $AIO token’s Token Generation Event (TGE) and listing on August 2, 2025. The company raised $3.38 million through a seed round completed on July 4, 2025, via Simple Agreements for Future Tokens (SAFTs). Year-to-date (YTD) revenue from Agent Core NFT membership sales totals 115 BNB (~$74,750 at $650/BNB). Expenditures are allocated as 40% to listing preparations, 35% to R&D, and 25% to community engagement, with a treasury holding of approximately $1 million. The financial position is positive, ensuring more than 24-month runway at a burn rate of ~$25,000/month.

Historical Financial Data:

  • Financial Statements: No annual financial statements are available due to the short operating history (registered May 8, 2024). Interim financial data (May 2024–October 2025) is summarized below, based on internal records (detailed reports available upon request).

  • Interim Financial Data (May 2024–October 2025):

    • Revenue:

      • YTD 2025: 115 BNB (~115,000 USD) from Agent Core NFT membership sales (1,015 passes sold, June 2025, phase 1).

    • Expenses: $2.38 million total, allocated as:

      • 40% (~$1,500,000): Listing preparations

      • 35% ($833,000): R&D (e.g., GPU usage from GCP for model training, Data Layer enhancements).

      • 25% ($595,000): Community building (e.g., conferences, side events)

    • Cash Flow:

      • Inflows: $3.38 million from seed round SAFTs (completed July 4, 2025); 115 BNB from NFT sales.

      • Outflows: $2.38 million

      • Net Cash Flow: ~$1 million

    • Assets: Treasury holding of ~$1 million USD equivalent assets (such as USDC, USDT, BNB, etc)

    • Liabilities: None (no debt or long-term obligations).

Fair Review of Business Development, Performance, and Financial Position:

  • Development Highlights: Since registration, Mirai Research Limited launched the Telegram beta (January 2025) with 58,000 monthly active users (MAU) and 500,000 API calls by Q3 2025, completed a $3.38 million seed round (July 4, 2025), achieved TGE/listing (August 2, 2025) with 23.03% circulating supply (230.3M $AIO), and secured investments (e.g., Amber Group, XDC Foundation, HKAI Labs). Community initiatives, including HK Investment School collaboration, target $5M monthly trading volume.

  • Performance: The company operates at a controlled loss, typical for a post-TGE startup scaling utilities. YTD revenue from 115 BNB Agent Core NFT sales supports community rewards. Expenditures ($2.38M) align with strategic goals, with a low burn rate ($25,000/month) for marketing and R&D, reflecting efficient resource use.

  • Financial Position: Positive, with a treasury holding of ~$1 million USD, providing more than 24-month runway at a $25,000/month burn rate. Material changes stem from the seed round (July 4, 2025) and TGE (August 2, 2025), enabling listing and community efforts. No extraordinary events or restructuring occurred.

  • Key Performance Indicators (KPIs):

    • Financial KPIs: Fundraising ($3.38M raised); Treasury (~$1M); Burn rate ($25,000/month); Revenue 115 BNB

    • Non-Financial KPIs: User growth (90,000 Users on dApp); Community engagement (40,000 X followers); Partnerships (20+ active partnerships from AI, Layer 1, CEX, etc); Development (Live and functional OLAXBT dAPP, 50+ MCP servers and marketplace).

B. Information about the issuer, if different from the offeror or person seeking admission to trading

B.1 Issuer Information: false, the offeror and entity are the same, so this section is not applicable
B.2 Name: N/A
B.3 Legal Form: N/A
B.4 Registered address: N/A
B.5 Head office: N/A
B.6 Registration Date: N/A
B.7 Legal entity identifier: N/A
B.8 Another identifier required pursuant to applicable national law: N/A
B.9 Parent Company: N/A
B.10 Members of the Management Body: N/A
B.11 Business Activity: N/A
B.12 Parent Company Business Activity: N/A

C. Information about the operator of the trading platform in cases where it draws up the crypto-asset white paper and information about other persons drawing the crypto-asset white paper pursuant to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114

C.1 Name: N/A, This section is not applicable, as neither the operator of a trading platform nor any other person, apart from the issuer, has drawn up or contributed to the preparation of the crypto-asset white paper.
C.2 Legal Form: N/A
C.3 Registered address: N/A
C.4 Head office: N/A
C.5 Registration Date: N/A
C.6 Legal entity identifier of the operator of the trading platform: N/A
C.7 Another identifier required pursuant to applicable national law: N/A
C.8 Parent Company: N/A
C.9 Reason for Crypto-Asset White Paper Preparation: N/A
C.10 Members of the Management body: N/A
C.11 Operator Business Activity: N/A
C.12 Parent Company Business Activity: N/A
C.13 Other persons drawing up the crypto- asset white paper according to Article 6(1), second subparagraph, of Regulation (EU) 2023/1114: N/A
C.14 Reason for drawing the white paper by persons referred to in Article 6(1), second subparagraph, of Regulation (EU) 2023/1114: N/A

D. Information about the Crypto-Asset Project

D.1 Crypto-asset project name: OLAXBT
D.2 Crypto-assets name: OLAXBT
D.3 Abbreviation: AIO
D.4 Crypto-asset project description: OlaXBT is an innovative, MCP-driven marketplace where an AI agent, powered by reinforcement learning, enhances crypto trading by providing real-time alpha and actionable insights. The platform enables users to track Key Opinion Leader (KOL) sentiment, identify emerging trends, access high-potential tokens early, trade via automated vaults, and mint their own agents with on-chain precision. The core of the platform is MCP Space, a user-centric environment where individuals can design and deploy personalized trading agents using a simple drag-and-drop interface, without needing coding expertise. This is facilitated by the Model Context Protocol (MCP), a modular framework of plug-and-play APIs representing specific data sources or trading modules. These agents continuously learn and adapt to user behaviour and market conditions, delivering tailored trading plans and strategies. Additionally, OlaXBT offers an open-source AI Market Maker to simulate a cryptocurrency market-making system using AI agents, aiming to provide liquidity and optimize bid-ask spreads for crypto assets.
D.5 Details of all natural or legal persons involved in the implementation of the crypto-asset project:
Name Business Function Business Address
Chan Kin Kwan CEO & AI Product Architect 8/f United Centre 95 Queensway Admiralty Central District HK
Chan Kwong Hing CTO & AI Systems Lead 8/f United Centre 95 Queensway Admiralty Central District HK
Chan Ching Hei CFO & Capital Formation Lead 8/f United Centre 95 Queensway Admiralty Central District HK
Chow Hoi Pan Chief Growth Officer 8/f United Centre 95 Queensway Admiralty Central District HK
D.6 Utility Token Classification: true
D.7 Key Features of Goods/Services for Utility Token Projects:

OlaXBT is a Web3 AI-powered market intelligence platform on BNB Smart Chain, leveraging reinforced learning (RL) and the MCP marketplace to deliver real-time trading signals, a series of agent-managed vaults (e.g., USDC, DeFi, Memes), and KOL sentiment analysis.

  • Personalized Trading Insights: AI agents use reinforcement learning to deliver tailored trading tips, helping users seize opportunities with confidence.

  • USDC Staking Vault: A secure, high-return vault for stablecoin investors, designed for simplicity and growth.

  • MCP Marketplace: A vibrant platform where users access pre-built AI agents, build their own as valuable, monetizable assets, and sell them to others, creating a profitable sharing economy.

  • Cross-Chain Flexibility: Seamless agent deployment across BNB Smart Chain, SUI, and more, offering unmatched versatility.

  • User-Owned AI Agents: Custom agents are assets users can trade, enhancing their investment portfolio and earning potential.

D.8 Plans for the token:
Description of Past Achievements
  • Since its inception, OlaXBT has built a reputation in decentralized AI trading, blending technical innovation with industry recognition and rapid ecosystem growth.​​
  • Strategic Funding and Growth: In mid-2025, OlaXBT completed a $3.38 million seed round, equipping the project with the resources for continued R&D and community expansion.​
  • Accelerator Participation and Industry Recognition: In February 2025, OlaXBT was admitted to the Amber.ac accelerator, marking a key institutional endorsement of its vision, underlying technology, and team capability. The project’s innovative agent infrastructure has won top awards, including the Grand Award (Top 3) at the DeAI Hackathon 2024 and Third Place at the Arbitrum x Apechain Hackathon 2024, validating its status among leading AI and Web3 ventures.
  • Mainnet Launch and Protocol Standards: The AIO utility token was deployed on BNB Smart Chain (BSC), adhering to the BEP-20 standard for compatibility, security, and transparency in asset flows.​
  • AI-Driven Product Development: Release of the proprietary Model Context Protocol (MCP) marketplace, delivering reinforcement learning-based trading agents that aggregate real-time analytics, KOL sentiment, and whale movement tracking to enable advanced strategy deployment.
  • Agent Core NFT Membership: Launch of the Agent Core NFT membership program, distributing $AIO token rewards for active ecosystem usage and granting exclusive access to AI agent services and unique Data Layer insights.​
  • Comprehensive Security Audits: Blocksec and independent experts have audited all core smart contracts, confirming BEP‑20 and protocol compliance and providing strong security assurance pre-launch.​
  • Native Wallet Integrations: OlaXBT achieved direct, native integration with Binance Web3 Wallet, Bitget Wallet, and Gate Wallet, enabling frictionless onboarding, seamless interaction with the dApp. These integrations have accelerated user growth and deepened engagement by making core platform functionalities instantly available to a global user base through trusted wallet interfaces.​
  • Community Building and Adoption: Through ecosystem airdrops, targeted trading competitions, accelerator-based outreach, and active collaboration with wallet partners and analytics providers, OlaXBT has catalyzed rapid user acquisition and retention, particularly in Asia and key global markets.​ OlaXBT’s track record reflects both technological advancement and sustained momentum in user adoption, institutional validation, and security-first DeFi engineering—providing a robust foundation for the next stages of its ecosystem roadmap.

Description of Future Plans and Milestones
  • OlaXBT’s roadmap for the next twelve to twenty-four months is focused on deepening its technological stack, expanding user engagement, and scaling globally to become the reference platform for decentralized AI-driven trading.​​
  • Marketplace Expansion: The MCP marketplace will introduce new agent templates and specialized analytics modules, supporting multi-asset coverage. Next-generation agents and builder tools will enable users to create and monetize sophisticated trading agents and quant strategies.
  • No-Code Solutions: Further development and rollout of a no-code agent constructor and conversational AI chatbot builder (with Langflow-style usability) will empower users and devs from non-technical backgrounds to deploy agents and strategies rapidly.
  • Cross-Chain and Modular Infrastructure: OlaXBT plans to expand support from the BNB Smart Chain to additional layer 1 and layer 2 chains, launching cross-chain analytics, agent deployment, and liquidity integrations. This adds resilience, reach, and composability to the agent-based trading ecosystem.​
  • Institutional Business Initiatives (B2B2C):
    • Integration Partnerships: Dedicated technical and business development resources are allocated for native integrations with licensed crypto exchanges, brokerages, structured product desk operators, and regulated wallet providers. These partnerships will allow institutions to leverage the MCP's agent infrastructure for client-facing products, including automated copy-trading, quant vaults, and AI-powered portfolio automation.​
    • White-Label Solutions and API Suites: OlaXBT is developing institutional-grade agent and data APIs, supporting white-label deployment for business partners. Licensed venues and brokerage platforms will be able to offer secure, compliant AI trading and analytics within their own branded environments, leveraging OlaXBT’s proprietary Data Layer and agent builder modules.​​
    • KYC/AML and Compliance Automation: The roadmap includes integration of regulatory toolkit modules for B2B2C partners, enabling seamless KYC/AML onboarding and risk controls tailored to institutional standards, aligning with MiCAR, GDPR, and local legal frameworks.​
  • AI Model and Data Layer Upgrades: Next-generation reinforcement learning agent modules and risk management analytics are in active development, designed for adaptive cross-market operation and robust risk mitigation in volatile regimes.​
  • Community and Governance: On-chain voting mechanisms for AIO holders will debut, allowing both retail users and institutional clients to participate in roadmap governance, incentive distribution, and strategic prioritization.​
  • Security and Regulatory Commitment: Continued external audits, compliance reporting, and risk disclosures will ensure security and trust for enterprise and individual users alike, maintaining the highest regulatory standards as OlaXBT expands across global markets.​​
OlaXBT’s forward-looking strategy will establish the project as the center of AI-driven trading innovation—empowering both retail and institutional audiences to automate, scale, and optimize financial strategies both on-chain and in regulated brokerage environments.
D.9 Resource Allocation:

The OlaXBT project is supported by a multidisciplinary team composed of experienced data scientists, strategists, engineers, and quantitative traders. Team members bring expertise from leading financial and technology organizations, including Binance, Kucoin, JPMorgan, IBM, and Goldman Sachs, providing a strong foundation of industry knowledge and technical skill. Core technical resources have been developed, centered around the proprietary Model Context Protocol (MCP) framework and a suite of AI agents designed for specialized market analysis, including sentiment analysis, technical analysis, and risk management. Key components of the AI Market Maker have also been made available as an open-source repository to foster transparency and community collaboration.

  • Human Resources: The OlaXBT team comprises data scientists, strategists, engineers, and quant traders with extensive experience at leading organizations like Binance, Prenetics, Kucoin and JPMorgan, alongside AI researchers and blockchain architects who have driven innovation at firms such as IBM and Goldman Sachs, equipping OlaXBT to redefine the crypto trading landscape with cutting-edge expertise. Apart from the management team, a total number of 7 engineers,

  • Technical Resources: Multi-cloud (Google, AWS) and on-premise A100 Nvidia GPU are deployed for AI agent development, deployment and signal generation, Blocksec-audited smart contracts, HKAI Labs GPU credits for training, and open-source repository with 50+ agent prototypes.

  • Financial Resources: $3.38M raised via seed round SAFTs (July 4, 2025); treasury holding ~$1M ; 24-month runway at $25,000/month burn rate for salaries, marketing, and R&D.

  • Partnership Resources: 20+ collaborations from layer1 foundation, ecosystem partners, partner projects that exchange resources and help

D.10 Planned Use of Collected Funds or Crypto-Assets: As the token is not being offered in a public fundraising event at the time of this whitepaper, there is no formal plan for the use of newly collected funds. However, the project's resources, as outlined in the token allocation model, are designated for specific strategic purposes to ensure long-term growth and sustainability.

Key areas of resource allocation include:

• Ecosystem Development and Rewards: The primary allocation is directed toward incentivizing user participation, rewarding community engagement, and funding the ongoing development of the AI agent framework, the MCP Space, and core platform functionalities.

• Liquidity Provision: A substantial portion is allocated to ensure robust and stable liquidity on trading venues upon the token generation event.

• Treasury: A strategic reserve is maintained in the treasury to support long-term operational stability, cover future development costs, manage legal and compliance requirements, and pursue strategic growth opportunities.

• Marketing and Operations: A dedicated allocation supports marketing campaigns aimed at increasing platform adoption and community expansion, alongside covering the general administrative and operational costs necessary for the project's daily functions.

E. Information about the Admission to Trading

E.1 Public Offering or Admission to trading: ATTR
E.2 Reasons for Public Offer or Admission to trading: The primary reasons for the public offer and seeking admission to trading of the OLAXBT token are to enhance accessibility and liquidity within regulated digital asset markets. This initiative aims to make the OLAXBT token more readily available to a wider European user base, thereby increasing its trading volume and contributing to more efficient price discovery and reliable trade execution on secondary markets.

Furthermore, the public offer is crucial for fostering the growth and development of the OlaXBT decentralized AI trading ecosystem. The token serves as the driving force behind the platform, enabling users to access AI agent services, Data Layer insights, and the Model Context Protocol (MCP) ecosystem, which allows for the creation of personalized AI trading agents. Broader distribution of the token will empower greater community engagement and participation in shaping the future of the OlaXBT platform, aligning with principles of Web3 transparency and user sovereignty.

The planned use of the crypto-assets obtained through this process is strategically allocated to ensure the long-term sustainability and expansion of the OlaXBT ecosystem:

• Liquidity Provision: A significant portion of tokens is dedicated to ensuring robust liquidity, thereby supporting healthy trading environments and market stability for the OLAXBT token.

• AI Agent and Ecosystem Rewards: Tokens are allocated to incentivize user engagement within the ecosystem, including rewards for Agent Core NFT membership and access to AI agent services and MCP toolkits, directly supporting the core functionality and growth of the platform.

• Marketing and Operations: Funds will be utilized for ongoing marketing campaigns, community building initiatives, and general operational expenses to expand the project's reach and sustain its activities.

• Treasury: A portion of the tokens will be held in treasury, providing strategic reserves for future development, unforeseen expenses, and ensuring the long-term resilience and innovation of the OlaXBT project.
E.3 Fundraising Target: N/A
E.4 Minimum Subscription Goals: N/A
E.5 Maximum Subscription Goal: N/A
E.6 Oversubscription Acceptance: N/A
E.7 Oversubscription Allocation: N/A
E.8 Issue Price: N/A
E.9 Official currency or any other crypto- assets determining the issue price: N/A
E.10 Subscription fee: N/A
E.11 Offer Price Determination Method: N/A
E.12 Total Number of Offered/Traded Crypto- Assets: 1000000000
E.13 Targeted Holders: ALL
E.14 Holder restrictions: Yes. The token will be freely transferable for the public, except for users in restricted jurisdictions (currently: Belarus, Cuba, Iran, North Korea, Russia, Syria). Additionally, certain vesting-based transfer restrictions apply to team and investor allocations per the tokenomics schedule.
E.16 Refund Mechanism: N/A
E.17 Refund Timeline: N/A
E.18 Offer Phases: N/A
E.19 Early Purchase Discount: N/A
E.20 Time-limited offer: N/A
E.21 Subscription period beginning: N/A
E.22 Subscription period end: N/A
E.23 Safeguarding Arrangements for Offered Funds/Crypto-Assets: N/A
E.24 Payment Methods for Crypto-Asset Purchase: Crypto-assets can be purchased using widely accepted cryptocurrencies such as USDT, USDC, and ETH. Depending on the platform or launch method, on-ramp payments via fiat (via integrated partners) may also be supported.
E.25 Value Transfer Methods for Reimbursement: Once users buy / receive the OLAXBT token they are not entitled for reimbursement.
E.26 Right of Withdrawal: N/A
E.27 Transfer of Purchased Crypto-Assets: Tokens are transferred to their CEX account or their crypto wallet.
E.28 Transfer Time Schedule: N/A
E.29 Purchaser's Technical Requirements: Users must have a compatible crypto wallet or CEX account (where we are listed, as applicable).
E.30 Crypto-asset service provider (CASP) name: N/A
E.31 CASP identifier: N/A
E.32 Placement form: N/A
E.33 Trading Platforms name: Kraken
E.34 Trading Platforms Market Identifier Code (MIC): PGSL
E.35 Trading Platforms Access: By registering on supported CEXs or DEXs.
E.36 Involved costs: There are no specific fees to access the trading platform. However, trading fees, gas/network fees (if applicable), and withdrawal fees may apply, depending on the user’s method of interaction.
E.37 Offer Expenses: N/A
E.38 Conflicts of Interest: No known conflicts of interest exist between the issuer, offeror, and trading platforms.
E.39 Applicable law: Laws of the British Virgin Islands, and applicable international AML/KYC and securities regulations in relevant jurisdictions.
E.40 Competent court: The competent court will be the courts of the British Virgin Islands (BVI), unless otherwise required by applicable law.

F. Information about the Crypto-Assets

F.1 Crypto-Asset Type: The crypto-asset is a utility token, serving as the driving force of OlaXBT’s decentralized AI trading ecosystem. It is built on the BNB Smart Chain and has a total supply of 1 billion tokens. Consistent with Regulation (EU) 2023/1114, this crypto-asset is categorised as an Other Crypto-Asset, distinct from E-money Tokens (EMTs) and Asset-Referenced Tokens (ARTs).
F.2 Crypto-Asset Functionality:

The utility token is the driving force of OlaXBT’s decentralized AI trading ecosystem. Built on the BNB Smart Chain, it is designed to empower users and foster innovation by providing a streamlined set of functionalities that enhance trading efficiency and reward engagement. The token's primary utilities include: 1. AI Agent Access: Holding the token grants users access to AI agent services and Data Layer insights. 2. MCP Ecosystem Access: Users can use the token to access MCP servers, toolkits, and agents, which are built using a no-code interface powered by reinforcement learning (RL) and proprietary technology.

F.3 Planned Application of Functionalities:

The core functionalities of the OLAXBT token, including AI Agent Access, and comprehensive MCP Ecosystem Access (encompassing servers, toolkits, and agents creatable via a no-code interface), are intrinsic to its utility and are already active within the ecosystem. Furthermore, several features designed to build initial traction, such as Chart Chats, Whale Watch, and Market Mood Chat, are currently operational.

F.4 Type of white paper: OTHR
F.5 The type of submission: NEWT
F.6 Crypto-Asset Characteristics:

The AIO token is a crypto-asset classified as a 'utility token' under MiCAR, and is therefore considered a crypto-asset other than an asset-referenced token or an e-money token. The token is built on the BNB Smart Chain and has a total supply of 1 billion tokens. AIO tokens are fungible and transferable, designed to be the driving force of the OlaXBT decentralized AI trading ecosystem. The primary utility of the token is to empower users and foster innovation within the platform. Specifically, holders of AIO tokens will be able to: - Gain access to AI agent services and Data Layer insights. - Access the Model Context Protocol (MCP) ecosystem, including servers, toolkits, and the ability to build custom agents. The AIO token is intended solely to facilitate interactions and access within the OlaXBT platform. It does not grant holders any ownership rights, profit-sharing entitlements, or claims against the assets of the issuer.

F.7 Commercial name or trading name: OLAXBT
F.8 Website of the issuer: www.olaxbt.xyz
F.9 Starting date of offer to the public or admission to trading: 2025-12-04
F.10 Publication date: 2025-12-04
F.11 Any other services provided by the issuer:

Not applicable

F.12 Language or languages of the white paper: English
F.13 Digital Token Identifier Code used to uniquely identify the crypto-asset or each of the several crypto assets to which the white paper relates, where available: N/A
F.14 Functionally Fungible Group Digital Token Identifier, where available: NA
F.15 Voluntary data flag: false
F.16 Personal data flag: false
F.17 LEI eligibility: true
F.18 Home Member State: IE
F.19 Host Member States: IE, AT, BE, BG, HR, CY, CZ, DK, EE, FI, FR, DE, GR, HU, IT, LV, LT, LU, MT, NL, PL, RO, PT, SK, SI, NO, ES, SE, IS, LI

G. Information on the rights and obligations attached to the crypto-assets

G.1 Purchaser Rights and Obligations: Holders of the OLAXBT token acquire rights to access and utilize various features within the OlaXBT ecosystem. These rights include:

1. AI Agent and Data Access: Holding the token grants users access to AI agent services and proprietary Data Layer insights.

2. MCP Ecosystem Access: The token is required to access the Model Context Protocol (MCP) servers, toolkits, and the no-code agent creation interface.

The token is a utility token designed for functional use on the platform and does not grant holders any ownership, equity, or financial interest in any legal entity associated with the OlaXBT project.

Consequently, holding the token does not confer any voting rights in a corporate sense, entitlement to dividends or profit-sharing, or any claim on the assets or revenues of the issuer. There are no specific contractual obligations imposed on the purchasers or holders of the token.
G.2 Exercise of Rights and obligations: Users may exercise their rights by holding the token in a compatible wallet and interacting with the issuer’s platform through approved interfaces (e.g., web app, mobile app, or smart contracts). Conditions may include compliance with the platform's terms, technical compatibility with required blockchain standards, and avoidance of sanctioned or restricted jurisdictions.
G.3 Conditions for modifications of rights and obligations: Rights and obligations may be modified through updates to the token protocol, smart contract upgrades, or changes to the issuer's terms of service. Changes may also be necessary due to legal, regulatory, or security requirements.
G.4 Future Public Offers: There are no planned future public offerings of OLAXBT tokens by the issuer. The tokens will be introduced into circulation according to the predefined allocation and unlock schedule, which includes vesting periods for investors, the team, marketing and operations, AI agent and ecosystem rewards, and treasury, following the Token Generation Event (TGE).
G.5 Issuer Retained Crypto-Assets: 200000000
G.6 Utility Token Classification: true
G.7 Key Features of Goods/Services of Utility Tokens: The OLAXBT utility token ($AIO) serves as the core access mechanism within the OlaXBT decentralized AI trading ecosystem. Holding $AIO grants users direct access to a suite of essential services and infrastructure: AI Agent Services: Provides users with entry to advanced AI agent functionalities designed to enhance crypto trading with real-time alpha and actionable insights. MCP Ecosystem Access: Enables users to interact with and utilize the Model Context Protocol (MCP) ecosystem, including MCP servers, comprehensive toolkits, and custom-built agents. These agents are developed via a no-code interface, leveraging reinforcement learning (RL) and proprietary technology to offer personalized trading plans and strategies.
G.8 Utility Tokens Redemption: The $AIO utility token provides access to various services within the OlaXBT decentralized AI trading ecosystem. Holders of $AIO gain access to AI agent services and Data Layer insights, as well as to MCP servers, toolkits, and agents built through a no-code interface powered by reinforcement learning and proprietary technology.
G.9 Non-Trading request: true
G.10 Crypto-Assets purchase or sale modalities: The OLAXBT utility token, which underpins the OlaXBT decentralized AI trading ecosystem, is built on the BNB Smart Chain. Following the Token Generation Event (TGE), 15% of the total token supply is allocated for liquidity and will be fully unlocked. This provision of liquidity will enable the purchase and sale of OLAXBT tokens primarily through decentralized exchanges operating on the BNB Smart Chain.
G.11 Crypto-Assets Transfer Restrictions:

  • No Public Transfer Restrictions: $AIO tokens purchased via IDO or secondary markets (e.g., Kraken) are freely transferable, subject to local laws and platform KYC/AML requirements.

  • Vesting Restrictions: Team (15%, 150M tokens) and Investor (14%, 140M tokens) allocations are locked (0% and 5% at TGE, respectively, with 3-month cliff, 12-month vesting). Treasury (20%, 200M tokens) has a 12-month cliff, 24-month vesting.

  • Compliance: Transfers must comply with BNB Smart Chain protocols and exchange regulations.

G.12 Supply Adjustment Protocols: false
G.13 Supply Adjustment Mechanisms: N/A
G.14 Token Value Protection Schemes: false
G.15 Token Value Protection Schemes Description: N/A
G.16 Compensation Schemes: false
G.17 Compensation Schemes Description: N/A
G.18 Applicable law:

Laws of the British Virgin Islands, and applicable international AML/KYC and securities regulations in relevant jurisdictions.

G.19 Competent court: The competent court is the High Court of the British Virgin Islands.

H. Information on the Underlying Technology

H.1 Distributed ledger technology:

The OLAXBT AIO token is a BEP-20 utility token deployed on the BNB Smart Chain (BSC), a public, permissionless distributed ledger in the Binance ecosystem. BSC enables secure, transparent, and verifiable token issuance, transfer, and agent interactions..

H.2 Protocols and technical standards:

BEP20. The BNB Chain is a blockchain network that uses a Proof-of-Staked-Authority consensus mechanism to validate transactions. The BNB Chain ecosystem is made up of three main parts that work together:

  1. BNB Smart Chain (BSC): This is the main platform where smart contracts run. It is fully compatible with Ethereum, which makes it easy for developers to build apps (called decentralized applications or dApps).;
  2. opBNB: This functions as a layer-2 scaling solution to the BNB Chain which helps to process more transactions at lower transaction costs, while still relying on the security of the BSC;
  3. BNB Greenfield: This is a decentralized storage infrastructure which enables data management solutions and integrates with traditional Web2 applications. BEP-20 is the token standard on BSC. It allows developers to launch a variety of tokens and introduces features like blacklisting, minting and pausing.

H.3 Technology Used:

Operational security is maintained using multi-signature wallets for treasury management and critical updates, reducing single-point-of-failure risk. AI and MCP agent functions are deployed across multi-cloud (AWS and GCP) and on-premise NVIDIA GPU clusters, enabling robust scalability for training, backtesting, and production execution of complex trading agents. The project incorporates secure APIs and redundancy measures for high-availability service.

H.4 Consensus Mechanism:

The BNB Chain operates using a consensus mechanism known as Proof-of-Staked Authority (PoSA), which combines elements of both Proof-of-Stake (PoS) and Proof-of-Authority (PoA). Under this model, a limited number of validators are selected to produce blocks based on the amount of BNB they have staked as well as their reputation within the network. Typically, 21 validators are active at any given time, and they take turns validating transactions and creating new blocks. The set of active validators is rotated periodically, and their performance is continuously monitored to ensure the security and reliability of the network.

H.5 Incentive Mechanisms and Applicable Fees:

Validators are incentivized with transaction fees derived from the blocks of transactions they validate. Unlike other protocols, there is no block subsidy of freshly-minted BNB as BNB is not inflationary. Fees for on-chain actions are limited to BSC gas charges and agent execution costs, transparently disclosed in platform documentation. The token has no inflationary issuance; all rewards and allocations are executed as pre-defined in the public tokenomics schedule.

H.6 Use of Distributed Ledger Technology: false
H.7 DLT Functionality Description: N/A
H.8 Audit: true
H.9 Audit outcome:

Smart contracts and security architecture have been audited by independent third-party security firms. The audit concluded that no critical vulnerabilities were found, and all identified issues were remediated.
You can find the audit here: https://github.com/olaxbt/olaxbt-contract-audit

I. Information on Risks

I.1 Offer-Related Risks: Prospective purchasers should carefully consider the risks described below, in addition to the other information contained in this whitepaper, before making an investment decision. The occurrence of any of the following risks could have a material adverse effect on the business, financial condition, and results of operations of the issuer, and could cause the value of the crypto-assets to decline significantly.

Market and Liquidity Risks The OLAXBT AIO token may experience extreme price volatility, particularly around major events such as the Token Generation Event (TGE), when a significant portion of ecosystem and agent reward allocations unlock. This could lead to substantial selling pressure and sudden declines in market price. Although 15% of the total supply is dedicated to liquidity and unlocked at TGE, there is no guarantee that trading platforms will always provide adequate liquidity for stable pricing. Market stress could result in an inability to sell tokens at a fair price, or at all, causing potential losses for investors.

Technology and Smart Contract Risks OLAXBT relies on audited smart contracts deployed on the BNB Smart Chain, but even audited code may contain vulnerabilities. Notable risks include flaws in vesting logic that could permanently lock tokens if allocation caps are not perfectly divisible, or functions that could unintentionally exceed allocation caps and inflate supply, thereby diluting the value of all holders. Centralization of contract control—where the 'admin' wallet manages token distribution—introduces the possibility that compromised or lost admin keys, delayed action, or malicious behavior could prevent beneficiaries from receiving their tokens, jeopardizing project integrity.

Project Execution and Operational Risks The project’s success is dependent on timely delivery of its roadmap features, such as Quant Vault and GTM Agent. Delays, strategic pivots, or operational challenges—including changes to the team or unforeseen setbacks—could erode user confidence and impact token utility. The effectiveness of OLAXBT’s AI-driven trading intelligence is critical to platform value. There is an inherent risk that AI agents or the Model Context Protocol might generate inaccurate insights, fail to adapt to market conditions, or otherwise underperform, thereby diminishing the platform’s utility and appeal.

Legal and Regulatory Risks MIRAI Research Ltd, the issuer, is incorporated in the British Virgin Islands, and the regulatory framework may differ significantly from an investor’s home jurisdiction. Legal recourse in case of dispute may be limited, and enforcement of judgments may be challenging. Evolving crypto-specific laws worldwide could restrict the utility, transferability, or legal status of the token, impacting project operations or investor outcomes.
I.2 Issuer-Related Risks: The issuer of the tokens is MIRAI Research Ltd, a company incorporated and operating under the laws of the British Virgin Islands (BVI). Token holders should be aware of several risks specifically associated with the issuer, its jurisdiction, and its governance structure.

1. Jurisdictional and Legal Risks:
MIRAI Research Ltd is a BVI Business Company, making it subject to the legal and regulatory framework of the British Virgin Islands. This offshore jurisdiction presents specific risks:

• Regulatory Uncertainty: The legal framework for crypto-assets in the BVI is still evolving. Future legislative or regulatory changes could adversely affect the issuer's operations, imposing new compliance obligations, restrictions, or costs that could impact the project's viability and the value of the tokens.

• Limited Legal Recourse: In the event of a dispute, token holders may find it challenging and costly to pursue legal action against the issuer. Proceedings would likely need to be brought before the courts of the BVI, and the enforcement of foreign judgments may be difficult, potentially limiting the legal protections available to token holders compared to those in other jurisdictions.

2. Operational Risks Associated with a Newly Incorporated Entity:
MIRAI Research Ltd was incorporated on 8 May 2024. As a recently established entity, it has a limited operational history. This presents several risks:

• Lack of Proven Track Record: The issuer's ability to successfully manage the project's finances, execute the business plan, and navigate market challenges over the long term is unproven. There is a risk that the management team may not be able to effectively scale operations or respond to unforeseen difficulties.

• Dependence on Key Personnel: The success of the project is highly dependent on the current management and development team. The loss of key individuals could disrupt strategic direction, technical development, and overall operational continuity, thereby jeopardising the project's future.

3. Centralization and Governance Risks:
The project's technical and corporate structures exhibit significant centralization, which introduces risks for token holders:

• Smart Contract Centralization: A security audit of the project's smart contracts highlighted a notable centralization risk related to a privileged 'admin' account. This admin has the exclusive authority to execute sensitive functions, including the release of vested tokens. This dependency creates a single point of failure. The compromise, loss, or misuse of the admin's private keys could lead to a halt in token distributions, financial loss, or other disruptions, placing token holders' assets at risk.

• Concentrated Corporate Power: As per the issuer's Articles of Association, the Board of Directors holds substantial authority over the company's affairs, including the power to appoint directors and determine their own remuneration. While this is standard for BVI companies, it concentrates decision-making power, creating a risk that the Board's interests may not always align with those of the token holders.

• Conflicts of Interest: The Articles of Association permit a director who is interested in a transaction with the company to vote on the matter. While disclosure is required, this provision increases the risk of potential conflicts of interest that could be detrimental to the company and its token holders.
I.3 Crypto-Assets-related Risks: The following risks are associated with the AIO token:

Smart Contract and Technology Risks
Despite independent security audits, the Token and Vesting contracts may still harbor latent vulnerabilities: undiscovered bugs could be exploited, leading to theft, permanent token lockup, or unintended inflation. AI-reliant features—such as agent intelligence and Model Context Protocol—are experimental. These may not function as promised, could be manipulated via social or market data attacks, and might prove unreliable under abnormal conditions, reducing demand for OLAXBT.

Underlying Blockchain Dependency
As a BEP-20 asset on BNB Smart Chain, OLAXBT is exposed to risks from potential network congestions, attacks (e.g. 51%), downtime, or adverse protocol changes, all of which may impair accessibility, transfer, or value.

Governance and Centralization Risks
The vesting and token release functions are centrally controlled. This centralization exposes holders to risks if the admin wallet is lost, compromised, or controlled by bad actors, possibly resulting in unrecoverable losses, blocked distribution, or manipulation of contract logic.

Market and Economic Risks
Crypto-markets are volatile: OLAXBT’s price may rapidly change due to sentiment, speculative trading, and macroeconomic factors. No assurance exists for future value and investors must be prepared for the total loss of their investment. Liquidity shortages—potentially compounded after vesting schedules unlock—may make selling difficult or force transactions at unfavorable prices.

Legal and Regulatory Risks
The BVI issuer status and changing law globally mean future restrictions, new obligations, and reclassifications are possible. OLAXBT may be deemed a security or financial instrument in certain jurisdictions, creating compliance burdens, delisting risk, and diminished value or utility if requirements cannot be met.
I.4 Project Implementation-Related Risks:

The implementation of the OLAXBT project is subject to several categories of risks inherent in the development and deployment of complex blockchain-based and AI-driven systems. These risks span smart contract vulnerabilities, architectural design choices, and the execution of the project roadmap.

Smart Contract and Code-Level Risks
Even after audit remediation, the complex release and allocation logic in contracts could fail under rare conditions, leading to locked tokens or unintended inflation. Minor errors—such as code typos or mismatches—if not carefully managed, may grow into more severe bugs in future upgrades.

Technological Complexity and AI Performance Risks
The utility and value proposition rest heavily on experimental AI trading agents and the Model Context Protocol. These may deliver suboptimal results in real-world conditions, exhibit unpredictable behaviors, or fail under market stress, leading to diminished platform utility. System integration, using both on-chain and off-chain data, introduces further challenges; bugs or failures could propagate across modules, causing downtime or erroneous output.

Roadmap Execution and Delivery Risks
OLAXBT’s ambitious feature roadmap faces risks of delay, failure, or insufficient market adoption for new features like Quant Vaults and GTM Agents. Such outcomes could undermine community confidence and token value.

I.5 Technology-Related Risks:

Smart Contract Vulnerabilities
Despite audit, risks remain for logic and implementation flaws, such as vesting or minting errors. Common blockchain exploits—including reentrancy, DoS, integer overflow, and poor access controls—remain a live risk as the protocol evolves.

Artificial Intelligence and Data Risks
AI models and reinforcement learning agents depend on accurate input and robust algorithms. They may fail to adapt, produce unreliable trading signals, or be attacked through data spoofing. The opacity of AI ('black box') makes it difficult to audit or predict unexpected outcomes.

Systemic, Centralization, and Third-Party Risks
Operational security and multisig wallets reduce but do not eliminate risk: loss of keys or admin privileges could result in system failure. Dependence on platforms like Telegram and third-party APIs means outages, policy changes, or attacks could disrupt or degrade service to users. Open-source status of components enables both community review and adversarial analysis by attackers.

I.6 Mitigation measures: Smart Contract Audit and Remediation
All core contracts undergo thorough external audit; logic issues affecting vesting or minting are resolved prior to release. Ongoing review, both manual and automated, helps maintain security and compliance with best practices. Remaining codebase issues are fixed and documented to improve future maintainability.

Decentralization and Admin Controls
Centralized admin risk is mitigated by implementing multi-signature wallets, distributing authority among independent keyholders. Long-term plans involve progressive transition towards greater decentralization, empowering the user and community to govern critical functions.

AI-Powered and Platform-Integrated Risk Management
A dedicated risk management agent uses real-time analytics to improve trading safety, including stop-loss, take-profit, and dynamic position sizing. Transparency is enhanced via open-source components and planned proactive user risk alerts (“Risk Sentinel”) to increase community oversight and informed decision-making.

J. Information on the sustainability indicators in relation to adverse impact on the climate and other environment-related adverse impacts

S.1 Name: Mirai Research Limited
S.2 Relevant legal entity identifier: N/A
S.3 Name of the crypto-asset: OLAXBT
S.4 Consensus Mechanism:

The utility token is built on the BNB Smart Chain, which operates using a consensus mechanism known as Proof-of-Staked Authority (PoSA). This mechanism combines features of both Proof-of-Stake (PoS) and Proof-of-Authority (PoA). In the PoSA model, a specific set of validators is chosen to secure the network and validate transactions. These validators are selected based on the amount of BNB they have staked, which serves as collateral, as well as their established reputation within the ecosystem.

S.5 Incentive Mechanisms and Applicable Fees:

Incentive Mechanisms:

  • Agent Core Membership Rewards: Users purchasing Agent Core Memberships will be rewarded for $AIO tokens for ecosystem engagement, airdropped to BEP-20 wallets.

  • AI Agent Access: $AIO holders unlock trading signals and KOL sentiment analysis, incentivizing platform usage

  • MCP Ecosystem Access: $AIO enables no-code agent creation, rewarding developers with ecosystem participation.

Applicable Fees:

  • Applicable fees include transaction gas fees and smart contract execution fees.

S.6 Beginning of the period to which the disclosure relates: 2025-06-17
S.7 End of the period to which the disclosure relates: 2025-10-25
S.8 Energy consumption: 578 kWh
S.9 Energy consumption sources and methodologies:

  • Content: Calculation covers OLAXBT-specific transactions on BSC (e.g., $AIO token transfers, Agent Core NFT rewards, MCP marketplace interactions) from June 18, 2025, to October 26, 2025, excluding general BSC activity.

  • Methodology: Estimated using BSC’s PoSA consensus energy per transaction (0.0003 kWh, derived from ~50W validator node power draw for 21 nodes, scaled to 687,540 OLAXBT transactions). Total energy = transactions × energy per tx, annualized by multiplying by 365/130 to align with a full year.

  • References: BNB Chain 2025 Partial Report; Opentaps BSC Energy Impact Analysis ( https://opentaps.org/2022/03/24/estimating-the-energy-impact-of-the-binance-smart-chain/ , adjusted for 2025); Digiconomist PoS benchmarks ( https://digiconomist.net/bitcoin-energy-consumption/ , adapted for PoSA).