No Representations and Warranties
ABOAT ENTERTAINMENT makes no representations, warranties or commitments of any kind to any entity or person, including any representations, warranties or commitments as to the correctness, accuracy and completeness of the information contained in this whitepaper.
Representations and Warranties of Purchasers
By participating in the ABOAT Token Sale, Buyers represent and warrant to ABOAT ENTERTAINMENT that:
(a) You are authorized and have full authority to acquire ABOAT in accordance with the laws applicable in your country of residence;
(b) You are solely responsible for determining whether purchasing ABOAT is appropriate for you;
(c) you are not acting as an agent on behalf of any other person or entity that wishes to purchase ABOAT or participate in its token sale;
(d) You have carefully considered the risks, costs and other disadvantages of acquiring ABOAT and understand the risks, costs and other disadvantages associated with ABOAT and the Token Sale;
(e) you are not trading for speculative investment purposes;
(f) you agree and acknowledge that ABOAT is not a security of any kind in your jurisdiction;
(g) You agree and acknowledge that this White Paper is not a prospectus or offering document of any kind and is not intended as an offering of securities in your jurisdiction or a solicitation of an investment in securities;
(h) You agree and acknowledge that no regulatory authority has reviewed or approved the information contained in this Whitepaper, that no such action has been or will be taken under any law, regulatory requirement or regulation of any jurisdiction and that the publication, distribution or distribution of this white paper to you does not imply compliance with any applicable law, regulatory requirement or regulation;
(i) You agree and acknowledge that this White Paper, the conduct and/or completion of the ABOAT Token Sale, or future trading of ABOAT on any cryptocurrency exchange is not to be taken by you as an indication of the merits of ABOAT ENTERTAINMENT or ABOAT may be construed, interpreted or contemplated;
(j) the distribution or dissemination of this White Paper, any portion or copy thereof, or your acceptance thereof is not prohibited or restricted by any applicable law, ordinance or regulation in your jurisdiction and you, to the extent restrictions on possession apply , have observed and complied with all such restrictions at your own expense and without liability to ABOAT ENTERTAINMENT;
(k) You agree and acknowledge that, in the event that you wish to purchase ABOAT, ABOAT ENTERTAINMENT shall not be construed, interpreted, classified or treated as any other currency:
(i) any type of currency other than cryptocurrencies;
(ii) debentures, stocks or shares issued by ABOAT ENTERTAINMENT
(iii) any right, option or derivative relating to such debentures, stocks or units;
(iv) rights under a contract for differences or any other contract the purpose or purported purpose of which is to obtain a profit or avoid a loss;
(v) units in a collective investment scheme;
(vi) interests in a business trust;
(vii) derivatives of interests in a business trust; or
(viii) any other security or class of security.
(l) You have a good understanding of the workings, functionality, use, storage, transfer mechanisms and other essential features of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology;
(m) you are fully aware and understand that in the event you wish to purchase ABOAT, there are risks associated with ABOAT ENTERTAINMENT and its businesses and operations;
(n) You agree and acknowledge that ABOAT ENTERTAINMENT shall not be liable for any indirect, special, incidental, consequential or other loss of any kind, whether in tort, contract or otherwise (including but not limited to , loss of income or profits, or loss of use or data) arising out of or in connection with your acceptance of this whitepaper or any part thereof;
(o) you will not use the token sale for any illegal activity, including but not limited to money laundering and terrorist financing; and
(p) all of the above representations and warranties are true, complete, accurate and not misleading as of the date you access or accept this white paper or any part thereof (as the case may be).
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