Disclaimer

Please read this Disclaimer and the entire Whitepaper carefully. Do not invest in the private sale of Web3Chain native tokens or purchase Web3 Coins without doing so.

The founders do not warrant or assume any legal liability arising out of or in connection with the accuracy, reliability or completeness of any material contained in or relating to this Whitepaper or presented elsewhere. To the fullest extent permitted by applicable laws, regulations and rules, Web3Coin does not warrant or assume any legal liability of any kind, whether indirect, special, incidental, consequential, punitive, or otherwise, whether in contract or otherwise, for any loss of profits, revenue, income, or other loss (including, but not limited to loss of use or data) arising out of or in connection with the accuracy, reliability, relevance or completeness of any material contained in the Whitepaper.

Web3Coin does not make, or intend to make, and hereby disclaims and negates all representations, warranties or undertakings of any kind to any entity, person or authority, including any representations, warranties or undertakings as to the truthfulness, accuracy or completeness of any information contained in the Whitepaper.

Although Web3Coin will use its best efforts to ensure the accuracy, timeliness and relevance of any material contained in the Whitepaper, the document and the material contained therein do not constitute professional advice.

Web3Coin does not encourage you to purchase Web3Coin. We are simply outlining our plans for our system, and we offer anyone who shares and understands our vision and wants to be part of Web3Coin.

You should not purchase tokens if you are a citizen or resident (tax or otherwise) of a country or territory where transactions in digital tokens and/or digital currencies are prohibited or otherwise restricted by applicable law.

Purchasing Web3Coin involves an element of risk and may result in the loss of a significant portion or all of the principal amount invested. Before purchasing Web3Coin, you should carefully and thoroughly assess and consider the risks identified in this Whitepaper and other risks not covered or foreseen in this document. You should only purchase Web3Coin if you are fully aware of the tokenomics of Web3Coin supply and issuance and the economics of Web3Coin. The value of cryptocurrencies can decrease as well as increase in value, so take this into account before buying Web3Coin. The price of Web3Coin is affected by many factors over which Web3Coin has no control. Consequently, Web3Coin does not assume any liability for losses resulting from changes in the value of Web3Coin.

Cryptoassets may be subject to expropriation and/or theft. Computer hackers or other malicious groups or entities may attempt to disrupt the Web3Chain platform in a number of different ways - these may include malicious attacks, distributed denial of service attacks and consensus-based exploits such as the 51% attack, which can result in the loss of Web3 Coin or the loss of the ability to access Web3 Coin. Due to the immutable nature of blockchain transactions, it may not be possible to remediate in the event of a successful attack by malicious actors against the Web3Chain platform. Web3Coin will take all possible steps to prevent cyber-attacks on the system, but will not be liable for or refund any amounts resulting from attacks on the system.

Cryptoassets may not be regulated as a financial instrument and there may not be any reimbursement or compensation available from regulators in your jurisdiction. The regulatory status of cryptoassets remains in flux and varies from jurisdiction to jurisdiction, creating a degree of legal uncertainty for cryptoasset owners. It is possible that in the future certain laws, regulations, directives or rules relating to cryptoassets, blockchain technology or decentralized applications may be enacted that affect or restrict the ability of token holders to acquire, own and use cryptoassets, such as Web3 Coin.

Due to the uncertainties surrounding the tax laws relating to cryptoassets, token holders may be subject to unforeseen consequences, such as retroactive or future taxable events. All prospective Web3 Coin purchasers should consider their own individual risk appetite and should consider consulting an independent financial advisor before making any decisions. Readers of this Whitepaper may also need to consult a tax advisor, accountant, lawyer or other professional to fully ascertain any outstanding issues relating to the design and operation of the Web3Chain platform before deciding whether the purchase of Web3 Coin is appropriate for their risk profile. In view of the unregulated nature of the taxation of crypto assets, Web3Coin does not assume any tax liability in connection with Web3Coin purchases, transactions and other operations.