Disclaimer
It's important to note that the estimates regarding the market size and growth rate of the blockchain gaming industry are based on assumptions and secondary sources, which may not be completely accurate. Due to the market's vulnerability to regulatory changes, technological advancements, user adoption rates, and competition, it's essential to conduct primary research and analysis to validate current market trends and potential.
The quotation of the NET Token can fluctuate presenting a challenge to model and estimate the future market behaviour even for seasoned cryptocurrency traders. Native cryptocurrencies associated with the internal working of the networks to which the NET Token is deployed are also subject to fluctuations that directly and indirectly could impact the token's value in the market.
The Participant must comprehensively acknowledge price fluctuation risks of the cryptocurrency market and that still cryptocurrencies are traditionally subject to these significant price fluctuations that are beyond the control of the Company and driven mostly by exterior or market forces.
The Participant also recognises their NET Token value can go down as well as up and they could lose some or all their purchase value. The Participant acknowledges and accepts the inherent risks connected with NET Tokens, including, but not limited to, risks associated with money laundering, fraud, exploitation for criminal purposes and any other unanticipated dangers. If any of the risks described in the terms are unacceptable to the Participant and the Participant is unable to comprehend them, the Participant should refrain from acquiring, holding, or using NET Tokens.
By agreeing to these terms and conditions and participating in the NetBorn presale, you are waiving your rights. you agree to have no recourse, claim, action, judgment, or remedy against NetBorn. We strongly urge you not to purchase any NetBorn coin if you are uncertain about anything in this white paper or if you are not prepared to lose the money you spent purchasing NetBorn tokens.
Below is a non-exhaustive list of the primary risk factors that the Company considers to be significant to the token's trading and/or use. These risk considerations should be taken into consideration alongside all other information provided in the Whitepaper and participants are recommended to check with their professional advisers (including their financial, accounting, legal, tax, or technical advisers or experts).
The risk of losing access to NET Tokens due to the loss of private key(s), a custodial error, or a participation error is as follows:
A wallet is required for the acquisition, storage, and disposal of NET Tokens. The participant acknowledges that he is responsible for establishing the Wallet with a third-party provider to retain NET Tokens and for taking acceptable security measures to protect the wallet. As a result, if the requisite private key(s) associated with the Wallet holding NET Tokens are lost, the NET Tokens and any other cryptocurrencies and/or tokens will be lost as well. Additionally, any third party that has access to such private key(s), including through the Participant's Wallet's login credentials, may be able to misappropriate the Participant's NET Token. Any errors or malfunctions caused by or relating to the Wallet used by the Participant to receive and hold NET Tokens, including the Participant's own failure to properly maintain or use such Wallet, or caused by the Participant's choice of third-party provider for the Wallet, may also result in the loss of NET Tokens.
Hacking risk and security flaws:
Denial of service attacks, Sybil attacks, spoofing, smurfing, virus attacks and any other similar events that could have an influence on NET Tokens and the services the Company may offer from time to time may be attempted by hackers or groups of hackers.
The risk of security flaws in the Smart Contract, the Website, or the source code of the NET Tokens, or in any associated software and/or infrastructure:
There is a possibility that the Smart Contract, the Website, or the NET Tokens may have inadvertent flaws or vulnerabilities in the source code, preventing users from using or losing NET Tokens. Updates and modifications may have unwanted or unforeseen consequences for NET Tokens.
Risk of not listing or low/no liquidity:
Exchanges may be subject to unclear governmental control, and the Company makes no representations or warranties about exchange service providers. Users, including the participant may be subject to fraud and failure in connection with those exchanges. There is no guarantee that an active secondary market for NET Tokens will develop or continue to develop.
Risk of uninsured losses:
Unlike bank accounts or accounts with financial organisations, NET Tokens are not covered unless the participant buys private insurance, particularly for that purpose. There is no public insurer for the loss of NET Tokens.
Internet transmission risks:
There are threats connected with the use of NET Tokens, including the failure of hardware, software, and Internet connections, as well as other technologies on which NET Tokens rely. These failures may cause communication breakdowns, mistakes, distortions, or delays when utilising NET Tokens or the Website.
Purchasing NetBorn Coin involves an element of risk and may lead to the loss of a substantial part or the entirety of the principal deposit advance. Before purchasing NetBorn Coin, diligently and thoroughly assess and consider the risks identified in this whitepaper, as well as other risks not included or anticipated in this document. This Whitepaper does not constitute a prospectus and does not constitute an offer of financial instruments and/or securities to the public or any offer in any way connected to a collective investment scheme.
This whitepaper, the NetBorn Coin and the use, holding and trading of the NetBorn Coin carry no rights, whether express or implied, NetBorn Coin do not represent or confer any ownership rights, shares, securities or equivalent rights, intellectual property rights or any other form of participation relating to the Issuer.
This Whitepaper does not infer that the information it contains is accurate and complete subsequent to its date of publication or that any information supplied in connection with this whitepaper is completely accurate at any time subsequent to the date on which it is supplied.
Crypto assets are not regulated as financial instruments and there is no refund or compensation available from any regulatory bodies. NetBorn Coin does not give the holder thereof any entitlement to acquire any such interest or entitlement in respect of the Issuer. Furthermore, the Issuer shall not be obliged in any way to return any purchases made in virtue of this Whitepaper.
Crypto assets can be subject to expropriation and/or theft. Computer hackers or other malicious groups or organisations may attempt to interfere with the NetBorn Coin platform in a number of different ways. Because of the nature of blockchain transactions, there may be no remedy if a successful attack by malicious actors were to take place against the Ethereum Chain that the NetBorn platform is built on.
There is a possibility that in the future, certain laws, regulations, policies or rules relating to crypto assets, blockchain technology or decentralised applications may be implemented that affect or restrict token holders' acquisition, ownership rights, and ability to buy, sell, convert or use crypto assets such as the NetBorn Coin. The Netborn Coin Utility or the project described in this white paper are not guaranteed to be delivered.
Notwithstanding anything contained herein to the contrary, you specifically acknowledge and agree that trading and/or transaction in/ with NET Tokens may be prohibited in certain jurisdictions including, without limitation United States of America and its territories, Canada, Democratic People's Republic of Korea (North Korea), Cuba, Syria, Iran, Sudan, Crimea region of Ukraine, people's Republic of China ("Excluded Jurisdictions").
Last updated