The FactR token does not have the legal qualification of a security, since it does not give any rights to dividends or interests. The sale of FactR tokens is final and non-refundable. FactR tokens are not shares and do not give any right to participate to the general meeting of [FactR Co]. FactR tokens cannot have a performance or a particular value outside the FactR Protocol and RoadLaunch Platform. FACTR TOKENS SHALL THEREFORE NOT BE USED OR PURCHASED FOR SPECULATIVE OR INVESTMENT PURPOSES. The purchaser of FactR tokens is aware that national securities laws, which ensure that investors are sold investments that include all the proper disclosures and are subject to regulatory scrutiny for the investors' protection, are not applicable. Anyone purchasing FactR tokens expressly acknowledges and represents that she/he has carefully reviewed this white paper and fully understands the risks, costs and benefits associated with the purchase of FactR tokens.
The purchaser of FactR tokens undertakes that she/he understands and has significant experience of cryptocurrencies, blockchain systems and services, and that she/he fully understands the risks associated with the crowdsale as well as the mechanism related to the use of cryptocurrencies (incl. storage). [FactR Co] shall not be responsible for any loss of FactR tokens or situations making it impossible to access FactR tokens, which may result from any actions or omissions of the user or any person undertaking to acquire FactR tokens, as well as in case of hacker attacks.
Acquiring FactR tokens and storing them involves various risks, in particular the risk that [FactR Co] may not be able to launch its operations and develop its blockchain and provide the services promised. Therefore, and prior to acquiring FactR tokens, any user should carefully consider the risks, costs and benefits of acquiring FactR tokens in the context of the crowdsale and, if necessary, obtain any independent professional advice in this regard.
Any interested person who is not in the position to accept or to understand the risks associated with the activity (including the risks related to the non-development of the FactR platform) or any other risks as indicated in the Terms & Conditions of the crowdsale should not acquire FactR tokens.
This white paper shall not and cannot be considered as an invitation to enter into an investment. It does not constitute or relate in any way nor should it be considered as an offering of securities in any jurisdiction. This white paper does not include or contain any information or indication that might be considered as a recommendation or that might be used as a basis for any investment decision. FactR tokens are just utility tokens which can be used only on the FactR platform and are not intended to be used as an investment. The offering of FactR tokens on a trading platform is done in order to allow the use of the FactR platform and not for speculative purposes. The offering of FactR tokens on a trading platform does not change the legal qualification of the tokens, which remain a simple means for the use of the FactR platform and are not a security. [FactR Co] is not to be considered as an advisor in any legal, tax or financial matters. Any information in the white paper is provided for general information purposes only and [FactR Co.] does not provide any warranty as to the accuracy and completeness of this information. [FactR Co.] is not a financial intermediary and is not required to obtain any authorization for Anti Money Laundering purposes.
Acquiring FactR tokens shall not grant any right or influence over [FactR Co.]’s organization and governance to the Purchasers.
Regulatory authorities are carefully scrutinizing businesses and operations associated to cryptocurrencies in the world. In that respect, regulatory measures, investigations or actions may impact [FactR Co]’s business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire FactR tokens must be aware of the [FactR Co] business model, the white paper or terms and conditions may change or need to be modified because of new regulatory and compliance requirements from any applicable laws in any jurisdictions. In such a case, purchasers and anyone undertaking to acquire FactR tokens acknowledge and understand that neither [FactR Co.] nor any of its affiliates shall be held liable for any direct or indirect loss or damage caused by such changes.
[FactR Co.] will do its utmost to launch its operations and develop the FactR Protocol. Anyone undertaking to acquire FactR tokens acknowledges and understands that [FactR Co] does not provide any guarantee that it will manage to achieve it. They acknowledge and understand therefore that [FactR Co.] (including its bodies and employees) assumes no liability or responsibility for any loss or damage that would result from or relate to the incapacity to use FactR tokens, except in case of intentional misconduct or gross negligence.
By participating in the Crowdsale, the purchaser agrees to the above and in particular, they represent and warrant that they:
No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained in the Whitepaper.
This Whitepaper is published with the intent to demonstrate the market needs, alignment to vision and to support growing trends within the logistics and freight industry.
The leadership team, in conjunction with its partners, do not propose that the material presented in this draft article contains all the needed information for a complete solution nor does it state that all details are listed as part of a complete solution.
This document is in draft form and has not been independently verified. It has been prepared in good faith, with the intent of alignment in solving global process, technical, and industry issues and to open the idea for continued collaboration and discussion with existing or new partners.
FactR token is a utility token. This product is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident.
FactR token cannot be used for any purposes other than those provided in the White Paper, including but not limited to, any investment, speculative or other financial purposes. FactR token is not intended for sale or use in any jurisdiction where sale or use of digital tokens may be prohibited.
FactR token confers no other rights in any form, including but not limited to any ownership, distribution (including but not limited to profit), redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, other than those specifically described in the White Paper. Certain statements, estimates and financial information contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. White Paper can be modified to provide more detailed information, for correction purposes and continued refinement.
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