Risks and Tips

Nature of the white paper:

The white paper and website are for general information purposes only and do not constitute a prospectus, offer document, offer of securities, investment solicitation or an offer to sell any product, project or asset, whether digital or otherwise. The information herein may not It is not exhaustive nor does it imply any element of a contractual relationship. The accuracy or completeness of such information is not guaranteed and no representation, warranty or undertaking is given or purported to be given as to the accuracy or completeness of such information. To the extent the whitepaper or website contains information obtained from third-party sources, the Foundation, Distributors, their respective affiliates and/or teams have not independently verified the accuracy or completeness of such information. Furthermore, you acknowledge that circumstances may change and therefore the white paper or website may become out of date; neither the Foundation nor the Distributor undertakes an obligation to update or correct this document in connection therewith.

Token file:

Nothing in the White Paper or the Website constitutes any offer by the Foundation, Distributor or Team to sell any Tokens (as defined herein), nor does it or any part thereof, or the fact of its representation, constitute, or rely upon, any contract or investment decisions. Nothing in the white paper or website shall or may be deemed to be a promise, representation or promise of the future performance of the SFT protocol. Any protocol between the Reseller (or any third party) and you with respect to any sale, purchase or other distribution or transfer of Tokens is governed solely by the separate terms and conditions of such protocol.

The information listed in the white paper and website is for community discussion only and is not legally binding. No one is required to enter into any contracts or binding legal commitments to purchase tokens, and no virtual currency or other forms of payment will be accepted on the basis of the white paper or website. The sale and purchase protocol for Tokens and/or the continued holding of Tokens shall be governed by a separate set of terms and conditions or a Token Purchase protocol (as the case may be) setting out the terms of such purchase and/or continued holding terms and conditions), which shall be provided to you separately or on the website. The terms and conditions document must be read in conjunction with the white paper.

DEEMED REPRESENTATIONS AND WARRANTIES:

By accessing the Whitepaper or the Website (or any part thereof), you shall be deemed to represent and warrant to the Foundation, Distributors, their respective affiliates and teams as follows:

(a) in any decision to purchase any Tokens, you shall not rely on any statement set out in the White Paper or the Website;

(b) you will, at your own expense, ensure compliance with all laws, regulatory requirements and restrictions that apply to you (as the case may be);

(c) You acknowledge, understand and agree that Tokens may have no value, do not guarantee or represent the value or liquidity of Tokens, and that Tokens are not investment products, including any speculative investment;

(d) Neither the Foundation, the Distributors, their respective affiliates and/or team members are responsible or liable for the value of the Tokens, the transferability and/or liquidity of the Tokens and/or the availability of any market through third party or other means

(e) You acknowledge, understand and agree that you are not eligible to purchase any Tokens if you are a citizen, national, resident (tax or otherwise), domicile and/or green card holder of a geographic area or country(i ) the sale of tokens is likely to be construed as a sale of securities (however named), financial services or investment products and/or (ii) where participation in token sales is prohibited by applicable law, statute, regulation, treaty, or administrative conduct (including, but not limited to, the United States of America, Canada, New Zealand, the People's Republic of China (but excluding Hong Kong, Macau Special Administrative Region and Taiwan), Thailand, and Vietnam, the People's Republic of China); for this purpose, you agree to provide all such Identity verification documents for relevant checks. The Foundation, Distributors and Teams do not and do not claim to make all representations, warranties or undertakings (including but not limited to warranties as to accuracy, completeness, timeliness or reliability) to any entity or person, and hereby disclaim that the White Paper or website content, or any other material published by the Foundation or Distributors).To the maximum extent permitted by law, the Foundation, Distributors, their respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other damages of any kind, tort, contract or otherwise (including without limitation, any liability arising out of the default or negligence of any of the parties, or any loss of income, income or profits, arising from the use or omission) or otherwise related to loss of use or data). Potential purchasers of Tokens should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the Token Sale, Foundation, Distributor and Team.

Token Features: Emphasis

(a) has no tangible or physical manifestation and has no intrinsic value (nor any representation or promise of value by anyone);

(b) non-refundable and not exchangeable for cash (or the equivalent value in any other virtual currency) or any payment obligations of the Foundation, Distributor or any of their affiliates;

(c) does not represent or confer on token holders any rights of any kind with respect to the Foundation, the Distributor (or any of its affiliates) or its income or assets, including but not limited to any right to receive future dividends, income, Shares, ownership or shares, shares or securities, any voting, distribution, redemption, liquidation, proprietary rights (including all forms of intellectual property or licensing rights), rights to receive accounts, financial statements or other financial data, claims or participating shareholders General meetings, rights to nominate directors or other financial or legal rights or equivalent rights, intellectual property or any other form of participation in or with protocols, foundations, distributors and/or their service providers;

(d) is not intended to represent any rights under a CFD or any other contract whose intended or pretended purpose is to secure profit or avoid loss;

(e) is not intended to represent money (including electronic money), securities, commodities, bonds, debt instruments, units in a collective investment scheme or any other kind of financial instrument or investment;

(f) is not a loan to, nor represents a debt owed by, the Foundation, Distributor, or any of their affiliates, and does not expect to make a profit; and

(g) not conferring any title or other interest in the Foundation, the Distributor or any of its affiliates to Token Holders.

Contributions in the Token Sale will be held by the Distributors (or their respective affiliates) after the Token Sale, and Contributors will have no economic or legal rights or beneficial interests in those Contributions or the assets of that entity after the Token Sale.

If a secondary market or exchange for token trading does develop, it will operate and operate completely independently of foundations, distributors, token sales and protocols. Neither the Foundation nor the Distributor will create such a secondary market, nor will it act as an exchange for the Tokens.

for reference only:

The information listed here is conceptual only and describes future development goals for the protocol to be developed. In particular, the project roadmap shared in the white paper is intended to outline some of the team's plans for informational purposes only and does not constitute any binding commitment. Please do not rely on this information in making a purchasing decision, as ultimately the development, release and timing of any products, features or functionality is at the sole discretion of the Foundation, Resellers or their respective affiliates and is subject to change. In addition, white papers or websites may be modified or replaced from time to time. There is no obligation to update the white paper or website .

Regulatory Approvals:

None of the information listed in the white paper or website has been reviewed or approved by any regulatory authority, formally or informally. No such action or warranty has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. Publishing, distribution or dissemination of a white paper or website does not imply that applicable laws, regulatory requirements or rules have been complied with.

Cautionary note on forward-looking statements:

All statements contained herein, statements in press releases or anywhere publicly accessible, and oral statements that may be made by the Foundation, Distributors and/or Teams, may constitute forward-looking statements (including statements regarding intent, statements about the market position, business strategy and plans, financial condition, specific regulations and risk management practices, beliefs or current expectations). You are cautioned not to place undue reliance on these forward-looking statements, because these statements involve known and unknown risks, uncertainties and other factors that could cause actual future results to differ materially from those described by such forward-looking statements, and have not been independently The reasonableness of any such statements or assumptions has been reviewed by third parties.

References to companies and platforms:

Use of any company and/or platform names or trademarks herein (other than in connection with the Foundation, Distributors or their respective affiliates) does not imply any affiliation with or endorsement by any third party. Whitepaper or References to specific companies and platforms on the website are for illustrative purposes only.

English:

The Whitepaper and website may be translated into languages other than English for informational purposes only, and in the event of conflict or ambiguity between the English version and the translated version of the Whitepaper or website, the English version shall prevail. You acknowledge that you have read and understood the Whitepaper and English version of the website.

Prohibited from distributing:

No part of the white paper or website may be reproduced, reproduced, distributed or transmitted in any way without the prior written consent of the Foundation or the distributor. By participating in any presentation of this white paper or accepting any hard or soft copy of this white paper, you agree to be bound by the foregoing limitations.

Contract risk :

Contract risk is the highest priority where the SFT protocol is deployed. Before using the SFT protocol, users should investigate its risks.

DAO key management risks :

All SFT multi-sign contracts and DAO contract management adopt the threshold signature scheme. Although the threshold signature is currently the safest method, there is still a non-zero failure probability. Funds may be locked if at least (n-m+1) signers lose their key shares, get hacked, or defect. If m or more key shares are compromised, funds can be stolen (after the transfer is unlocked)

Last updated