SAE is a functional multi-utility token which will be used as the medium of exchange between participants on Summoners Arena in a decentralised manner. The goal of introducing SAE is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Summoners Arena without any intermediaries such as centralised third-party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. SAE does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, the Affiliates, or any other company, enterprise or undertaking, nor will SAE entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in the British Virgin Islands, Singapore or any relevant jurisdiction. SAE may only be utilised on Summoners Arena, and ownership of the same carries no rights, express or implied, other than the right to use SAE as a means to enable usage of and interaction within Summoners Arena. The secondary market pricing of SAE is not dependent on the effort of the Summoners Arena team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.