<aside> 💡 PLEASE READ THIS ENTIRE SECTION AND DO NOT TAKE ANY ACTIONS UNTIL YOU FINISH IT.
</aside>
Readers must be aware that the Whitepaper and/or Litepaper were developed by founders and advisors on the basis of their respective best knowledge of the current state of blockchain technology that's developing at high speed, and by its nature will evolve rapidly and continue to present new challenges and risks. Therefore, it may be changed and modified discretionary from time to time. The Whitepaper could be updated from time to time, the latest version is available on the official website.
This Whitepaper does not constitute a prospectus, an offer or invitation to sell shares, securities, or rights belonging to the Company or any related or associated company.
Accordingly, this Whitepaper and/or Litepaper does not constitute investment advice nor an invitation to invest in any security or financial instrument of any nature whatsoever. In particular, it's not in accordance with or subject to laws or regulations of any jurisdiction that prohibits or restricts digital token transactions. Therefore, it's the responsibility of each potential token holder to determine whether the token LINGO is in the relevant jurisdiction and the same applies to the use of token functionality or to any transaction with or the token.
No investment, legal, tax, regulatory, financial, accounting, or other advice is offered nor is the intent to provide the sole basis for any assessment of participation in the token generation event.
To the extent that a person wishes to participate in the LINGO token from the perspective of an investor or saver, the assumption in this Whitepaper and its future versions is at any time that such person has previously sought legal, investment, tax, accounting, and other advice, assuming full risk for any consequences thereof. In addition, it is, at all times, the sole responsibility of such person to ensure that participating in the token generation event is compliant with the laws to which such persons is subject to.
Since the nature of a token and its legal qualification are still under development from a global perspective and may also differ considerably from one jurisdiction to another, not all individuals from all jurisdictions are expected to be allowed to participate.
The Company does this to prevent these individuals from inadvertently making non-compliant transactions with respect to the LINGO Tokens. Please note that such exclusion does not imply that the Company assumes that such a transaction would be inconsistent with laws applicable in such jurisdiction. However, the Company uses its discretion to invest resources wisely and limit potential risk for token holders.
No financial information contained in these Whitepaper and Litepaper has been audited. The financial statements, estimates, and details contained in the Whitepaper and Litepaper constitute, in part, future-oriented statements or information that involve known or unknown risks and uncertainties based in part on assumptions, which, in whole or in part may be erroneous and may give rise to substantially different developments in the financial statements, estimates and financial details referred to in this Whitepaper and Litepaper and their future versions.
We aim to use English to disseminate additional information about the LINGO token and further developments. From time to time, information may be translated into other languages. Readers of the Whitepaper and Litepaper should be aware that some of the information may be inadvertently omitted or misinterpreted, leading to errors and misinterpretation. The accuracy of such alternative communications cannot be guaranteed. In the event of a conflict or inconsistency between the translation(s) and the original language, the English language provisions of the document shall prevail.
PURCHASER SHOULD CAREFULLY CONSIDER AND EVALUATE EACH OF THE FOLLOWING RISK FACTORS BEFORE DECIDING TO PARTICIPATE IN THE TOKEN CROWDSALE. THEY SHOULD ASSESS THE MERITS AND RELEVANCE OF AN INVESTMENT.
THE FOLLOWING DOES NOT PURPORT TO BE A COMPLETE SUMMARY OF ALL OF THE RISKS ASSOCIATED WITH AN INVESTMENT IN THE TOKEN. POTENTIAL INVESTORS SHOULD DISCUSS AN EVENTUAL INVESTMENT WITH THEIR PROFESSIONAL ADVISORS.
NO ONE WHO IS NOT PREPARED TO LOSE ITS ENTIRE INVESTMENT SHOULD PURCHASE A TOKEN. CAPITALIZED TERMS USED BUT NOT DEFINED HEREIN SHALL HAVE THE MEANING ASSIGNED IN THE PRESENT DOCUMENT. BY PURCHASING, HOLDING, AND USING TOKENS, THE PURCHASER EXPRESSLY ACKNOWLEDGES UNDERSTAND AND ASSUME THE FOLLOWING RISKS:
Cryptocurrency transactions are highly speculative and present the risk of total loss of the invested capital. In addition, the fact that there is a certain opacity in the cryptocurrency market and regulations to date are very limited, if not non-existent, means that there are certain risks of manipulation with insider trading.