PLEASE READ THE ENTIRETY OF THIS "NOTICE AND DISCLAIMER" SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER SAFEX FOUNDATION, INC. (THE FOUNDATION), ANY OF THE PROJECT TEAM MEMBERS (THE SAFEX DEVELOPMENT TEAM) WHO HAVE WORKED ON THE SAFEX MARKETPLACE (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE SAFEX MARKETPLACE IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR/VENDOR OF SAFEX CASH OR SAFEX TOKEN (THE DISTRIBUTOR), NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THIS BLUE PAPER, THE WEBSITE AT HTTPS://SAFEX.ORG/ (THE WEBSITE) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE FOUNDATION.
Project purpose: You agree that you are acquiring Safex Cash and Safex Token to participate in the Safex Marketplace and to obtain services on the ecosystem thereon. The Foundation, the Distributor and their respective affiliates would develop and contribute to the open source repositories underlying the Safex Marketplace. The Foundation is acting solely as an arms’ length third party in relation to the Safex Cash and Safex Token distribution, and not in the capacity as a financial adviser or fiduciary of any person with regard to the distribution of Safex Cash or Safex Token.
Token Documentation: Nothing in the Blue Paper or the Website constitutes any offer by the Foundation, the Distributor or the Safex Development team to sell any Safex Cash or Safex Token (as defined herein) nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision. Nothing contained in the Blue Paper or the Website is or may be relied upon as a promise, representation or undertaking as to the future performance of the Safex Marketplace. The agreement between the Distributor (or any third party) and you, in relation to any distribution or transfer of Safex Cash or Safex Token, is to be governed only by the separate terms and conditions of such agreement.
The information set out in the Blue Paper and the Website is for community discussion only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition of Safex Cash or Safex Token, and no virtual currency or other form of payment is to be accepted on the basis of the Blue Paper or the Website. The agreement for distribution of Safex Cash or Safex Token, and/or continued holding of Safex Cash or Safex Token shall be governed by a separate set of Terms and Conditions or Token Distribution Agreement (as the case may be) setting out the terms of such distribution and/or continued holding of Safex Cash or Safex Token (the Terms and Conditions), which shall be separately provided to you or made available on the Website. The Terms and Conditions must be read together with the Blue Paper. In the event of any inconsistencies between the Terms and Conditions and the Blue Paper or the Website, the Terms and Conditions shall prevail.
Deemed Representations and Warranties: By accessing the Blue Paper or the Website (or any part thereof), you shall be deemed to represent and warrant to the Foundation, the Distributor, their respective affiliates, and the Safex Development team as follows: (a) in any decision to acquire any Safex Cash or Safex Token, you have shall not rely on any statement set out in the Blue Paper or the Website; (b) you will and shall at your own expense ensure compliance with all laws, regulatory requirements and restrictions applicable to you (as the case may be);(c) you acknowledge, understand and agree that Safex Cash and Safex Token may have no value, there is no guarantee or representation of value or liquidity for Safex Cash or Safex Token, and Safex Cash and Safex Token are not investment products nor are they intended for any speculative investment whatsoever; (d) none of the Foundation, the Distributor, their respective affiliates, and/or the Safex Development team members shall be responsible for or liable for the value of Safex Cash or Safex Token, the transferability and/or liquidity of Safex Cash or Safex Token, and/or the availability of any market for Safex Cash or Safex Token through third parties or otherwise; and (e) you acknowledge, understand and agree that you are not eligible to participate in the distribution of Safex Cash or Safex Token if you are a citizen, national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i) where it is likely that the distribution of Safex Cash or Safex Token would be construed as the sale of a security (howsoever named), financial service or investment product and/or (ii) where participation in token distributions is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation the United States of America, Canada, New Zealand, People's Republic of China (but not including the special administrative regions of Hong Kong and Macau, and the territory of Taiwan), Thailand, and the Socialist Republic of Vietnam); and to this effect you agree to provide all such identity verification document when requested in order for the relevant checks to be carried out.
The Foundation, the Distributor and the Safex Development team do not and do not purport to make, and hereby disclaims, all representations, warranties or undertaking to any entity or person (including without limitation warranties as to the accuracy, completeness, timeliness or reliability of the contents of the Blue Paper or the Website, or any other materials published by the Foundation or the Distributor). To the maximum extent permitted by law, the Foundation, the Distributor, their respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including, without limitation, any liability arising from default or negligence on the part of any of them, or any loss of revenue, income or profits, and loss of use or data) arising from the use of the Blue Paper or the Website, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same. Prospective acquirors of Safex Cash or Safex Token should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the Safex Cash or Safex Token distribution, the Foundation, the Distributor and the Safex Development team.
Informational purposes only: The information set out herein is only conceptual, and describes the future development goals for the Safex Marketplace developed. In particular, the project roadmap in the Blue Paper is being shared in order to outline some of the plans of the Safex Development team, and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in deciding whether to participate in the token distribution because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the Foundation, the Distributor or their respective affiliates, and is subject to change. Further, the Blue Paper or the Website may be amended or replaced from time to time. There are no obligations to update the Blue Paper or the Website, or to provide recipients with access to any information beyond what is provided herein.
Regulatory approval: No regulatory authority has examined or approved, whether formally or informally, of any of the information set out in the Blue Paper or the Website. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Blue Paper or the Website does not imply that the applicable laws, regulatory requirements or rules have been complied with.
Cautionary Note on forward‐looking statements: All statements contained herein, statements made in press releases or in any place accessible by the public and oral statements that may be made by the Foundation, the Distributor and/or the Safex Development team, may constitute forward‐looking statements (including statements regarding intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices). You are cautioned not to place undue reliance on these forward‐looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results to be materially different from that described by such forward‐looking statements, and no independent third party has reviewed the reasonableness of any such statements or assumptions. These forward‐looking statements are applicable only as of the date indicated in the Blue Paper, and the Foundation, the Distributor as well as the Safex Development team expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward‐looking statements to reflect events after such date.
References to companies and platforms: The use of any company and/or platform names or trademarks herein (save for those which relate to the Foundation, the Distributor or their respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Blue Paper or the Website to specific companies and platforms are for illustrative purposes only.
English language: The Blue Paper and the Website may be translated into a language other than English for reference purpose only and in the event of conflict or ambiguity between the English language version and translated versions of the Blue Paper or the Website, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Blue Paper and the Website.
No Distribution: No part of the Blue Paper or the Website is to be copied, reproduced, distributed or disseminated in any way without the prior written consent of the Foundation or the Distributor. By attending any presentation on this Blue Paper or by accepting any hard or soft copy of the Blue Paper, you agree to be bound by the foregoing limitations.