Legal Disclaimer
This section illustrates legal and risk disclaimers concerning the Project, including the $EXO Tokens. Please read it carefully.
This section is not intended to be exhaustive and does not constitute investment or other advice. Prospective purchasers should make their own independent evaluation of all risk factors and should read the detailed information set out elsewhere in this Website. Other risks and uncertainties unknown to Exoverse Finance or considered insignificant at this time could equally have a material adverse effect on the business, operations, financial conditions, or prospects of Exoverse Finance.
1. Authorization by ExoFi Global
A. No person is authorized to provide any information or to make any representation not included in this Website, and any information or representation not contained herein must not be relied upon as having been authorized by ExoFi Global.
2. Lack of operating history of Exoverse Finance
A. Exoverse Finance is a newly formed entity and has a little operating history or track record that could be used (on its own) to evaluate its ability to deliver the Project. Exoverse Finance is NOT related to Exodus Wallet nor is it related to any of it's business sectors. Exoverse Finance is a different project and doesn't claim to be a part of Exodus Wallet.
3. No offer of securities or registration
A. The Website does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment, and no cryptocurrency or other forms of payment are to be accepted on the basis of the Website.
4. Incomplete information regarding the Project
A. You will not have full access to all of the information relevant to the Exoverse Finance Project. ExoFi Global is not required to update you on the progress of the Project.
5. Changes to the Project
A. Various features of the Project, including its terms and conditions, fees, structure, purpose, consensus protocol, algorithm, source codes, infrastructure design, and other technical specifications and parameters, may be updated and changed from time to time without notice.
B. Further, ExoFi Global may encounter difficulties during the development of the products, including financial, resourcing, and technical difficulties. These difficulties are unpredictable and may be unresolvable and compromise the overall development of the Project. Development of the Project may therefore fail, terminate, or be delayed at any time for any reason. Particular features of the Project may never be realized. Such failure, termination, or delay is likely to reduce and may completely obliterate any existing utility that Tokens may hold.
6. Potential for misuse of the Project
A. Services that may be banned, restricted in certain jurisdictions may potentially use the Project. As a result, governmental authorities or regulators may take action against the Project. This may deter users from using the Project or may involve the complete shutdown of the Project.
7. Possible migration of the $EXO Tokens
A. ExoFi Global reserves the right to migrate the $EXO Tokens to another protocol and to generate replacement Tokens on the new protocol in the future, should ExoFi Global determine, in its sole discretion, that doing so is necessary or useful to the operations of Exoverse Finance. Should ExoFi Global decide to migrate the $EXO Tokens, ExoFi Global may no longer provide support for the pre-existing tokens or any other operational matters, except with respect to the migration process.
8. No assets, property, governance, or security right underlying $EXO Tokens
A. In particular, the $EXO Tokens do not represent or constitute any intellectual property rights, ownership rights or stake, shares or security, membership right or equivalent rights nor any right to receive future revenues, shares, or any other form of participation or governance rights in or relating to Exoverse Finance. Nothing underpins the value of $EXO Tokens other than the prospect of the project's access, usage, and functionality.
B. Accordingly, subject to other written arrangements to the contrary, all decisions involving the project will be made by ExoFi Global, including decisions to discontinue the Project. These decisions could adversely affect the project and the utility of any $EXO Tokens that you hold.
C. Due to the no security right, $EXO Tokens are not to be construed, interpreted, classified, or treated as debentures, stocks or shares issued by any person or entity, rights, options or derivatives in respect of such debentures, stocks or shares, rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss, units in a collective investment scheme, structured products, units in a business trust, derivatives of units in a business trust.
9. Volatility of cryptocurrencies, other digital assets, and fiat currencies
A. ExoFi Global may hold the proceeds in cryptocurrencies, other digital assets or fiat currencies, or a combination of any of them. The value of these fiat currencies and digital assets may fluctuate significantly over a short period of time as a result of market dynamics, regulatory actions and changes, technical advancements, exchange availability, and broader economic and political factors. This volatility is likely to impact the funding that is available for developing the Project and may affect the utility of the $EXO Tokens.
10. Legal status of $EXO Tokens and Project is untested
A. The laws of various jurisdictions may apply to $EXO Tokens and the Project. The application of these laws and regulations to $EXO Tokens and the Project is, in many cases, largely untested, and is subject to change without notice. In particular, any current governmental or regulatory tolerance of cryptographic tokens or cryptocurrencies can change rapidly, and $EXO Tokens may at any time be deemed to be a security, investment, asset, or money by governmental authorities or regulators.
B. ExoFi Global may receive formal or informal queries, notices, requests, or warnings by governmental authorities and regulators. Action may be taken by governmental authorities and regulators against ExoFi Global or the Exoverse Finance project.
11. Tax treatment and accounting
A. Exoverse Finance, purchaser, and transactions in relation to the $EXO Tokens and/or the Project may be subject to the tax laws and regulations in any applicable jurisdictions. The tax treatment and accounting of transactions in relation to the $EXO Tokens and/or the Project are uncertain and a largely untested area of law and practice that is subject to prospective and retroactive changes without notice. Tax treatment of cryptographic tokens and cryptocurrencies may vary amongst jurisdictions.
B. Purchasing $EXO Tokens or the use of the Project as a result of or in connection with any purchase, grant, delivery, exercise, vesting, distribution, activation, holding, use, appreciation, conversion, sale, exchange, redemption, assignment, transfer, disposal, may attract certain tax implications either now or in the future. ExoFi Global may receive formal or informal queries, notices, requests, or summons from tax authorities and, as a result, ExoFi Global may be required to furnish certain information about the $EXO Token sale and/or the Project. You must seek independent professional advice on the tax implications in relation to $EXO Tokens, use of the Project and/or any other transactions for your particular situation.
12. Reliance on the Internet
A. $EXO Tokens and the Project rely heavily on the internet. However, the public nature of the internet means that either parts of the internet or the entire internet may be unreliable or unavailable at any given time. Further, interruption, delay, corruption, loss of data, or the loss of confidentiality in the transmission of data, may occur when transmitting data via the internet.
13. Reliance on Blockchain Platform
A. The $EXO Token Holder needs to have a sufficient understanding of the functionality, usage, storage, transmission mechanisms, and other material properties of cryptographic assets, wallets, and other token/asset storage mechanisms, public and private key administration, blockchain technology, and blockchain-based software systems. $EXO Token Holders understand, recognize and acknowledge that such understanding allows the $EXO Token Holder to appreciate the implications and risks of purchasing $EXO Tokens.
B. The $EXO Token Holder understands and accepts the risk that the smart contract system concept, the underlying software application, the software platform, and ecosystem architecture are at an early developmental stage and yet to be proven. There are no warranties or guarantees that the process for creating $EXO Token will be uninterrupted or error-free and there is an inherent risk that the software could hold weaknesses, vulnerabilities, or bugs causing, inter alia, the complete loss of the contributed value and/or $EXO Token.
C. The $EXO Token Holder understands and accepts that blockchain technology allows new forms of interaction. There is a possibility that certain jurisdictions will apply existing regulations, or introduce new laws addressing blockchain-based applications, which may be contrary to the current setup of the terms and conditions of $EXO Tokens and $EXO Tokens themselves and which may, inter alia, result in principal alterations of the smart contract system and/or the protocol, including its termination and the loss of $EXO Tokens for the $EXO Token Holder.
14. Blockchain technology is experimental and risks arising from this reliance include (but are not limited to):
A. the existence of technical flaws in such a blockchain platform;
B. targeting of such a blockchain platform by malicious persons;
C. changes in such a blockchain platform’s consensus protocol or algorithms;
D. decreased community or miner support for such a blockchain platform;
E. the existence or development of competing networks and platforms;
F. the existence or development of forked versions of such a blockchain platform;
G. flaws in the Solidity scripting language;
H. disputes between such blockchain platform developers, miners and/or users; and
I. regulatory action against such blockchain platform developers, miners and/or
users.
15. Source code changes and flaws
A. The various source codes used in the $EXO Token and the project are subject to change and may at any time contain one or more defects, weaknesses, inconsistencies, errors, or bugs.
16. No anonymity
A. Holding and transfer of $EXO Tokens and use of the Project (if and when developed) will not be anonymous. Your address and such participation will be recorded on the blockchain.
17. Loss of private key is permanent and irreversible
A. You alone are responsible for securing your private key. Losing control of your private key will permanently and irreversibly deny you access to your $EXO Tokens. Neither ExoFi Global nor any other person will be able to retrieve or protect your $EXO Tokens. Once lost, you will not be able to transfer your $EXO Tokens to any other address or wallet. You will not be able to realize any value or utility that the Token may hold now or in the future.
18. Targeting of $EXO Tokens, the Project, and ExoFi Global by malicious persons
A. $EXO Tokens, the Project, and ExoFi Global may be targeted by malicious persons who may attempt to steal $EXO Tokens or the proceeds, or otherwise intervene in the $EXO Token sale, the Project, or ExoFi Global. $EXO Tokens and the Project may also be vulnerable to exploitation of vulnerabilities in smart contracts and other code, as well as to human error. This could result in significant loss and/or other impacts that may materially affect your interests.
19. Targeting of You by malicious persons
A. Malicious entities may target you in an attempt to steal any $EXO Tokens or cryptocurrencies that you may hold or to claim any $EXO Tokens that you may have purchased. This may involve unauthorized access to your digital wallet, your private keys, your cryptocurrency addresses, your email or social media accounts, as well as unauthorized access to your computer, smartphone, and any other devices that you may use.
20. No liabilities
A. ExoFi Global or any of the ExoFi Global team is not liable for any indirect, special, incidental, consequential, or other losses of any kind, in tort, contract, or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Website or any part there of by you.
21. Market and industry information
A. The Website may include market and industry information and forecasts that have been obtained from internal surveys, reports, and studies, where appropriate, as well as market research, publicly available information, and industry publications. Such surveys, reports, studies, market research, publicly available information, and publications generally state that the information that they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information.
22. No third party consent
A. Save for ExoFi Global and its respective directors, executive officers, and employees, no person has provided his or her consent to the inclusion of his or her name and/or other information attributed or perceived to be attributed to such person in connection therewith in this Website and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information by such person and such persons shall not be obliged to provide any updates on the same.
23. No advice
A. No information in the Website will or should be considered to be business, legal, financial, or tax advice regarding Exoverse Finance and $EXO Tokens or any possible future token sales.
24. Restrictions on distribution and dissemination
A. The distribution or dissemination of the Website or such part thereof (as the case may be) may be prohibited or restricted by the laws, regulatory requirements, and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of the Website or such part thereof (as the case may be) at your own expense and without liability to ExoFi Global or any of its affiliated entities or any member of the Exofi Global team.
25. Compliance with laws
A. Exoverse Finance is open to being audited for compliance and providing transactions open for the public including wallet addresses. The users on Exoverse Finance will need to comply with applicable laws and regulations, including but not limited to certain anti-money laundering and terrorist financing measures.
26. General comment on risks
A. Purchasing $EXO Tokens involve inherent risks, some of which are set out in this Section of the Website.
These risks, and additional risks arising either now or in the future, could result in the failure of the $EXO Token transfers, the destruction of $EXO Tokens or the utility of $EXO Tokens, and/or the termination of the development of Exoverse Finance.
B. There is a possibility that the purchase amount may be unrecoverable and/or that the $EXO Tokens may cease to have inherent intrinsic value. You must therefore consider carefully whether the risks set out below, as well as all other applicable risks, are acceptable to you prior to deciding whether to purchase $EXO Tokens.
C. Many factors, most of which are beyond ExoFi Global's control, will influence the value of $EXO Tokens and the price, if any, at which market participants may be willing to purchase or sell $EXO Tokens in the secondary market. Accordingly, if an $EXO Token Holder sells its $EXO Tokens in the secondary market, it may not be able to obtain a price equal to the principal amount of $EXO Tokens or a price equal to the price that it paid for $EXO Tokens. An investment in $EXO Tokens involves the risk that subsequent changes in relative market performance may adversely affect the value of $EXO Tokens.
D. You must seek professional advice (legal, taxation, financial, technical. or otherwise) regarding your particular situation before purchasing $EXO Tokens, holding the $EXO Tokens, or using the Project.
27. Potential risks:
A. blockchain-related risks: the underlying software applications and blockchain technology platforms are still in an early development stage and unproven so there is no guarantee that the process for creating $EXO Tokens will be uninterrupted or error-free. There is an inherent risk of weaknesses, vulnerabilities, or bugs of the software causing the complete loss of $EXO Tokens and of the Project;
B. abandonment/lack of success: ExoFi Global may abandon the creation of the $EXO Tokens and the development of the Project for various reasons, including lack of interest from the public, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects) and legal, tax or regulatory considerations;
C. regulatory risks: certain jurisdictions might apply already existing laws and regulations to blockchain technology-based projects or introduce new laws or regulations for this purpose. Newly introduced regulations may differ from the existing setup of the platform. This may cause, inter alia, substantial modifications of the Project or bring to the termination and/or the loss of $EXO Tokens;
D. jurisdiction-related risks: residents, tax residents, or persons having a relevant connection with certain jurisdictions are excluded from the $EXO Token sale. Changes in your place of domicile or the applicable law may result in you violating any legal or regulatory requirements of your applicable jurisdiction. You are responsible for ensuring that the delivery, holding, use, or exchange of $EXO Tokens is, and remains lawful despite changes to applicable laws, your residence, and circumstances.
General Disclaimer
This Website is not a Prospectus.
PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND MAY BE SUBJECT TO CHANGE.
This Website contains forward-looking statements or information (“forward-looking statements”) that relate to Exoverse Finance´s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause project’s actual situation and results to differ materially from those indicated in these statements.
Therefore, we reserve any potential further comment or consideration arising from new case law, regulation or facts which may impact the project as represented in this white paper as well as the evolution of applicable laws and regulations and of the market.
The information set forth in this Website may not be exhaustive and does not imply any elements of a contractual relationship. While ExoFi Global makes every effort to ensure that any material in this Website is accurate and up to date, such material in no way constitutes the provision of professional advice. ExoFi Global does not guarantee, and accepts no legal liability whatsoever arising from, or connected to, the accuracy, reliability, currency, or completeness of any material contained in this Website. Potential $EXO Token holders should seek appropriate independent professional advice prior to relying on or entering into any commitment or transaction based on material published in this Website, which material is purely published for reference purposes alone.
$EXO Tokens and any other token mentioned in this Website are not to be intended to constitute securities in any jurisdiction. $EXO Tokens and any other token mentioned in this Website do not confer direct or indirect right to Exoverse Finance’s capital, income or assets, nor do they confer any governance right within ExoFi Global and associated companies. This Website does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.
ExoFi Global does not provide any opinion on any advice to purchase, sell, or otherwise transact with $EXO Tokens and any other token mentioned in this Website and the fact of presentation of this Website will not form the basis of, or be relied upon in connection with, any contract or purchase decision. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of $EXO Tokens and any other token mentioned in this Website, and no cryptocurrency or other forms of payment is to be accepted on the basis of this Website.
ExoFi Global does not guarantee the accuracy of the statements made or conclusions reached in this Website. ExoFi Global does not make and expressly disclaims all representations and warranties (whether expressed or implied) whatsoever, including but not limited to:
- any representations or warranties relating to merchantability, fitness for a particular purpose, description, suitability or non-infringement;
- that such contents do not infringe any third party rights.
No information in this Website is to be considered as legal, financial, business or tax advice and you should consult your own legal, financial, tax or other professional adviser before entering in any activity. To the extent legally permissible, any liability of ExoFi Global, employees of such, any parent, subsidiary and/or affiliate company of ExoFi Global and/or any third-party service provider for any direct or indirect damages or losses which you may suffer or incur in connection with this White Paper and the reliance on any information provided herein are excluded.
IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND MAY BE SUBJECT TO CHANGE.
Please make sure to read all of the information in this section to make sure you educate yourself about our terms of service!