Whitepaper for Potential Owners/Members

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This site and the materials made available through it do not constitute an offer or solicitation in any state or other jurisdiction in which such an offer or solicitation is not authorized. The equity tokens described in the materials have not been registered under the U.S. Securities Act of 1933 (the “Securities Act”), as amended, or the securities laws of any U.S. state or any non-U.S. jurisdiction. The equity tokens are being offered and sold in reliance upon the exemption from the registration requirements of the Securities Act, set forth in Rule 506(c) of Regulation D, and other applicable laws. Each purchaser of the tokens must be (1) an “accredited investor” as defined in Rule 501 under the Securities Act; and (2)(a) an investor permitted under applicable laws; or (b) a U.S. investor. The equity tokens have not been approved or disapproved by the U.S. Securities and Exchange Commission or other regulatory authorities of any country, state or any other relevant jurisdiction, nor have any such authorities passed upon the merits of the equity tokens. A prospective investor must rely on his/her own examination of Fan-Owned Sail Team, LLC (the “Company”), the terms of the offering, including the merits and risks of an investment. Neither the Company nor its representatives is making any representation to any offeree or purchaser of the equity tokens regarding the advisability or legality of an investment under any applicable laws or regulations governing investments. The Company may withdraw or revoke the offering or decline to accept any subscription at any time before a notice of acceptance is provided by the Company to a prospective investor.