General Disclaimer of Token Acquisition
Tokens are not intended to constitute a digital currency, commodity, security, financial instrument or any other form of investment in any jurisdiction. The terms, the whitepaper, and all other documents linked to the token offer, the acquisition, holding and/or use of tokens do not constitute a prospectus or offering document and are not a solicitation for investment and do not constitute an offer of securities to the public or a collective investment scheme. At the moment Malta law does not require the prior approval, notification, registration or licence of tokens or of the documents and therefore such documents have not been filed with or approved by any Malta government or other authority
Participation to the token offer and/or the acquisition and/or use of tokens as well as the use of the platform/s and/or website/s developed for the purpose of the project at any moment in time, carries with it a number of risks. The participants should consider such risks and are advised to consult with their own professional advisers including their financial, accounting, legal, tax, technical or other advisers and experts before deciding to obtain token. In addition, participants should be aware that the risks may combine and thus intensify one another.
In view that the regulatory status of tokens, initial token or coin offerings, token offer and distributed ledger technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory authorities may apply existing regulation with respect to such technology and its applications, including the token. It is likewise difficult to predict how or whether legislatures or regulatory agencies may implement regulatory actions or changes to law and regulation affecting distributed ledger technology and its applications, including the platform/s developed for the purpose of the project and the tokens.
Regulatory actions or changes to law and regulation could negatively impact the token in various ways, including, but not limited to a determination that the acquisition, holding and use or disposal and transfer of token constitutes a regulated instrument that require registration or licensing of those instruments or some or all of the parties involved in the acquisition, contribution, sale and delivery thereof. The company reserves the right to cease operations or interrupt the token offer in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable or no longer viable to obtain the necessary regulatory approval/s to operate in such jurisdiction.