SPN COIN — SOURCE-AVAILABLE LICENSE Version 1.0 — 2026 Copyright (c) 2026 SPN Coin Project. All Rights Reserved. ================================================================================ SOURCE-AVAILABLE — NOT OPEN SOURCE ================================================================================ This source code is made publicly VISIBLE so that anyone can read, study, and audit it, and so that users, miners, and exchanges can verify how the SPN Coin software works. Publishing the source does NOT place it in the public domain and does NOT grant open-source rights. The SPN Coin Project (the "Owner") retains all copyright and all rights not expressly granted below. This is a "source-available" license. It is deliberately NOT an OSI-approved open-source license, because it restricts one specific thing: using this code to launch a competing blockchain or token. 1. DEFINITIONS "Software" means this source code, its documentation, and all associated files in this repository. "Official Network" means the canonical SPN Coin blockchain network operated and recognized by the Owner. "You" means any person or entity that accesses the Software. 2. RIGHTS GRANTED (what you MAY do) The Owner grants You a worldwide, royalty-free, non-exclusive license to: (a) view, read, study, and audit the Software's source code; (b) download and run the Software to operate a node on, mine on, or otherwise participate in the Official Network; (c) use the Software for personal, educational, testing, and security-research purposes; (d) submit fixes or contributions back to the Owner's official repository. 3. RESTRICTIONS (what you MAY NOT do) Except with the Owner's prior explicit written permission, You may NOT: (a) use the Software, in whole or in part, modified or unmodified, to create, launch, operate, host, or promote any separate, alternative, forked, derivative, or competing blockchain, cryptocurrency, coin, token, or network distinct from the Official Network; (b) redistribute, publish, sublicense, sell, rent, lease, or offer the Software (or any derivative of it) to third parties for the purpose described in (a); (c) remove, alter, or obscure any copyright, trademark, license, or proprietary notice contained in the Software; (d) use the names "SPN Coin", "Sepanta", any associated logo, or any confusingly similar mark to identify a product not authorized by the Owner (trademark rights are reserved separately from this license). 4. CONTRIBUTIONS By submitting a contribution to the Owner's official repository, You grant the Owner a perpetual, worldwide, royalty-free license to use, modify, and distribute that contribution as part of the Software. 5. NO WARRANTY THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT. THE SOFTWARE IS EXPERIMENTAL. SPN COIN HAS NO GUARANTEED MONETARY VALUE AND IS NOT AN INVESTMENT PRODUCT. 6. LIMITATION OF LIABILITY IN NO EVENT SHALL THE OWNER BE LIABLE FOR ANY CLAIM, DAMAGES, OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT, OR OTHERWISE, ARISING FROM, OUT OF, OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE. 7. TERMINATION Any breach of Section 3 automatically terminates the rights granted to You under Section 2. Upon termination You must cease all use of the Software. 8. THIRD-PARTY COMPONENTS The Software bundles third-party open-source packages, each under its own license. See the NOTICE file. This license applies only to the Owner's own code, not to those third-party components, which keep their original licenses. ================================================================================ For permissions beyond this license (including any commercial or competing use), contact the SPN Coin Project. This document is provided for practical clarity and is not legal advice; the Owner should have counsel review it before relying on it. ================================================================================