Object of the Company. SKYGATE Network Holding GmbH is the project initiator and issuer of the "SKYGATE TOKEN." SKYGATE Network Holding GmbH is a non-publicly traded company. By acquiring the "SKYGATE TOKEN," token buyers are intended to invest in the planned services of an innovative and expansion-oriented company. The business purpose of SKYGATE is the development of digital technologies for aviation, airlines, airports, flight schools, as well as aviation enthusiasts and passengers. The establishment and operation of a globally unique competence center for technologies and developments in the training of operational flight personnel is intended to serve as the foundation for worldwide expansion. The funds provided by the token buyers (purchase price of the "SKYGATE TOKEN") are to be used to realize the SKYGATE project described in the "Whitepaper" and related investments, as well as to cover the ongoing operational costs incurred during the project phase. The goal of the offering is to increase the wealth and enhance the corporate value of the company, to expand and develop the SKYGATE business, and to continually broaden the range of services offered, thereby serving the demand for the "SKYGATE TOKEN." At the time of drafting the General Terms and Conditions/Website/Whitepaper, as well as at the project start with the possibility of acquiring tokens, only minor investments had been made in the planned project. However, a long- standing successful model operation exists, the shares of which are to be fully acquired by SKYGATE Network Holding GmbH in an advanced project phase, provided that a sufficient number of SKYGATE TOKENS have been sold.
