Terms and Conditions
To the maximum extent permitted by the applicable laws, regulations and rules, our community shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you.
No representations and warranties
Our community does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this Whitepaper.
Representations and warranties by you
By accessing and/or accepting possession of any information in this Whitepaper or such part thereof (as the case may be), you represent and warrant to our community as follows: you agree and acknowledge that our tokens do not constitute securities, units in a collective investment scheme, or other capital markets products each as defined under the SFA, or its equivalent or any other regulated products in any jurisdiction; you agree and acknowledge that this Whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities, units in a collective investment scheme, or other capital markets products each as defined under the SFA, or its equivalent or any other regulated products in any jurisdiction or a recommendation or solicitation for investment and you are not bound to enter into any contract or binding legal commitment and no digital token or other form of payment is to be set forth.
The Whitepaper
Shall not be construed, interpreted, classified or treated as enabling, or according any opportunity to, recipients or purchasers to participate in, or receive profits, income, or other payments or returns arising from or in connection with our community tokens or community, or to receive sums paid out of such profits, income, or other payments or returns; you agree and acknowledge that this Whitepaper, the undertaking and/or the completion of listing of our community tokens, or future trading of tokens on digital token exchanges, shall not be construed, interpreted or deemed by you as an indication of the merits of our tokens or the digital token exchanges; the distribution or dissemination of this Whitepaper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to our community; you are fully aware of and understand that you are not eligible to purchase any of our community if you are a person from any restricted locations as set forth in the Terms of Service (or equivalent document) of the digital token exchanges where our tokens are listed; you have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of digital tokens, blockchain- based software systems, blockchain technology and smart contract technology; you are fully aware and understand that in the case where you wish to purchase any of our tokens, there are risks associated with digital token exchanges and their business and operations; you agree and acknowledge that our community will not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you, including in relation to: any failure by our community to deliver or realise all or any part of the features described in this Whitepaper; any failure by our community to list our tokens on digital token exchanges; your use or inability to use at any time the services or the products of the community Blockchain Chain platform or community tokens; any security risk or security breach or security threat or security attack or any theft or loss of data including but not limited to hacker attacks and losses of passwords or private keys; your failure to properly secure any private key to a wallet containing digital tokens; and all of the above representations and warranties are true, complete, accurate and not misleading from the time of your access to and/or acceptance of possession of this Whitepaper or such part thereof (as the case may be). Nothing contained in this Whitepaper is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of our community.Further, our community disclaims any responsibility to update any forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future. Please note that this Whitepaper is also only a work in progress and the information in this Whitepaper is current only as of the date on the cover hereof. Our community reserves the right to update the Whitepaper from time to time.
No advice
No information in this Whitepaper should be considered to be business, legal, financial or tax advice regarding our community. You should consult your own legal, financial, tax or other professional adviser regarding our community and their businesses and operations, and our tokens. You should be aware that you may be required to bear the financial risk of any purchase of our tokens for an indefinite period of time.Persons who have been provided access to this Whitepaper or to whom a copy of this Whitepaper has been distributed or disseminated or who otherwise have the Whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.
Risks and uncertainties
Prospective purchasers of our tokens should carefully consider and evaluate all risks and uncertainties associated with our community, and its businesses and operations, and all information set out in this Whitepaper and the T&Cs, prior to any purchase of our tokens. You should not transact in our tokens if you are not familiar with virtual currencies of this nature. Transacting in virtual currencies may not be suitable for you if you are not familiar with the technology in which our community services will be provided.You should be aware that the value of our tokens may fluctuate greatly. You should buy our tokens only if you are prepared to accept the risk of losing all the money you put into our tokens.As previously indicated, participating dApps will receive allocations of our tokens that are to be distributed to dApp users. Subject to dApp’s respective distribution policies, dApps may from time to time, either directly or indirectly, make large distributions of tokens to users, which could have the effect of increasing the overall supply of our tokens that is traded on relevant trading platforms. It is possible that such distributions could have a negative impact on the market price of our tokens, particularly if a large number of recipients of our tokens engage in sales of our tokens on relevant trading platforms in a short period of time. Please note that a specific way of each dApp’s distributions of our tokens may vary depending upon each dApp’s jurisdiction or country of registration to fully comply with applicable regulations.
THERE IS NO GUARANTEE THAT THE FUNCTIONALITIES OF OUR COMMUNITY, OR THAT THE TOKEN ECONOMY INFRASTRUCTURE, WILL BE DELIVERED OR REALISED. IF ANY OF SUCH RISKS AND UNCERTAINTIES DEVELOPS INTO ACTUAL EVENTS, THE BUSINESS, FINANCIAL CONDITION, RESULTS OF OPERATIONS AND PROSPECTS OF LTP COULD BE MATERIALLY AND ADVERSELY AFFECTED. IN SUCH CASES, YOU MAY LOSE ALL OR PART OF THE VALUE OF LINK. IN THE EVENT THAT YOU HAVE PURCHASED OUR TOKENS, YOUR PURCHASE CANNOT BE REFUNDED OR EXCHANGED.
IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S).
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