👹Risk Disclaimer
Overall Risks
Below is a non-exhaustive list of the primary risk factors that the Company considers to be significant in relation to the token’s trading and/or use. These risk considerations should be taken into consideration alongside all other information provided in the Whitepaper and participants are recommended to check with their professional advisers (including their financial, accounting, legal, tax, or technical advisers or experts).
The risk of losing access to DOSHIBA Tokens due to the loss of private key(s), a custodial error, or a participation error is as follows:
A wallet is required for the acquisition, storage, and disposal of DOSHIBA Tokens. The participant acknowledges that he is responsible for establishing the Wallet with a third-party provider to retain DOSHIBA Tokens and for taking acceptable security measures to protect the wallet. As a result, if the requisite private key(s) associated with the Wallet holding DOSHIBA Tokens are lost, the DOSHIBA Tokens and any other cryptocurrencies and/or tokens will be lost as well.
Additionally, any third party that has access to such private key(s), including through the Participant’s Wallet’s login credentials, may be able to misappropriate the Participant’s DOSHIBA Token. Any errors or malfunctions caused by or relating to the Wallet used by the Participant to receive and hold DOSHIBA Tokens, including the Participant’s own failure to properly maintain or use such Wallet, or caused by the Participant’s choice of third-party provider for the Wallet, may also result in the loss of DOSHIBA Tokens.
Hacking risk and security flaws:
Denial of service attacks, Sybil attacks, spoofing, smurfing, virus attacks and any other similar events that could have an influence on DOSHIBA Tokens and the services the Company may offer from time to time may be attempted by hackers or groups of hackers.
The risk of security flaw in the Smart Contract, the Website, or the source code of the DOSHIBA Tokens, or in any associated software and/or infrastructure:
There is a possibility that the Smart Contract, the Website, or the DOSHIBA Tokens may have inadvertent flaws or vulnerabilities in the source code, preventing users from using or losing DOSHIBA Tokens. Updates and modifications may have unwanted or unforeseen consequences for DOSHIBA Tokens.
Risk of not listing or low/no liquidity:
Exchanges may be subject to unclear governmental control, and the Company makes no representations or warranties about exchange service providers. Users, including the participant, may be subject to fraud and failure in connection with those exchanges. There is no guarantee that an active secondary market for DOSHIBA Tokens will develop or continue to develop.
Risk of uninsured losses:
Unlike bank accounts or accounts with financial organizations, DOSHIBA Tokens are not covered unless the participant buys private insurance particularly for that purpose. There is no public insurer for the loss of DOSHIBA Tokens.
Internet transmission risks:
There are threats connected with the use of DOSHIBA Tokens, including the failure of hardware, software, and Internet connections, as well as other technologies on which DOSHIBA Tokens rely. These failures may cause communication breakdowns, mistakes, distortions, or delays when utilizing DOSHIBA Tokens or the Website.
The DOSHIBA tokens, and the use, holding, and trading of the DOSHIBA tokens confer no rights, express or implied, other than the ability to trade on DLT exchanges following the DOSHIBA Token’s admission to such trading.
The Issuer’s DOSHIBA Tokens do not constitute or confer any ownership, share, security, or comparable rights, intellectual property rights, or any other kind of participation in the Issuer. The holder of a DOSHIBA token does not have any rights to acquire any such interest or entitlement in the Issuer. Furthermore, the Issuer is not obligated to repay any investment made as a result of this Whitepaper and website in any form.
This Whitepaper and website does not imply that the information included in it is correct and complete after its publication date, or that any information provided in conjunction with it is totally accurate at any time after the date on which it is provided.
The information and content on this website or Whitepaper are based on current practices and legal considerations at the time the Whitepaper was written, and are subject to change as a result of any possibly applicable external regulatory factors.
Payments and/or incentives delivered in the form of DOSHIBA Tokens (“$DOSHIBA”), which are cryptocurrencies subject to a high degree of risk and volatility, and which may be illiquid and difficult to value, may be available or may become available in the future on the Foundation [1] website (https://doshibainu.com/).
You understand, admit, agree, covenant, represent, and warrant to the DOSHIBA the following as a condition prior to your participation in any of the DOSHIBA Programs:
(A) You must conduct your own investigations and evaluations of any digital cryptocurrencies/tokens (i.e. DOSHIBA Token) that will be distributed in accordance with the Foundation Programs’ relevant terms and conditions;
(B) You must be aware of the legal and regulatory obligations that apply to you in connection with the acquisition, holding, trading, and disposition of DOSHIBA Token Incentives after delivery, as well as the income and other tax consequences of such acquisition, holding, trading, and disposition;
(C) notwithstanding anything contained herein to the contrary, you specifically acknowledge and agree that trading and/or transaction in/ with DOSHIBA Tokens may be prohibited in certain jurisdictions including, without limitation: UNITED STATES OF AMERICA AND ITS TERRITORIES, CANADA, DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA (NORTH KOREA), CUBA, SYRIA, IRAN, SUDAN, CRIMEA REGION OF UKRAINE, PEOPLE’S REPUBLIC OF CHINA (“Excluded Jurisdictions”);
THE DOSHIBA TOKENS’ UTILITY OR THE PROJECT DESCRIBED IN THIS WHITE PAPER ARE NOT GUARANTEEED TO BE DELIVERED.
BY AGREEING TO THESE TERMS AND CONDITIONS AND PARTICIPATING IN THE DOSHIBA LIMITED, YOU ARE WAIVING YOUR RIGHTS. YOU AGREE TO HAVE NO RECOURSE, CLAIM, ACTION, JUDGMENT, OR REMEDY AGAINST DOSHIBA LIMITED IF THE UTILITY OF THE DOSHIBA TOKENS OR THE PROJECT DESCRIBED IN THIS WHITE PAPER IS NOT DELIVERED OR REALISED BY PARTICIPATING IN THE DOSHIBA LIMITED TOKEN SALE.
WE STRONGLY URGE YOU NOT TO PURCHASE ANY DOSHIBA TOKENS IF YOU ARE UNCERTAIN ABOUT ANYTHING IN THIS WHITE PAPER OR IF YOU ARE NOT PREPARED TO LOSE THE MONEY YOU SPENT PURCHASING DOSHIBA TOKENS.
BEFORE PARTICIPATING IN THE DOSHIBA LIMITED TOKEN SALE OUTLINED IN THIS WHITE PAPER, WE RECOMMEND THAT YOU CONSULT LEGAL, FINANCIAL, TAX, AND OTHER PROFESSIONAL ADVISORS OR EXPERTS FOR FURTHER GUIDANCE. YOU ARE STRONGLY ADVISED TO SEEK INDEPENDENT LEGAL ADVICE ON THE LEGALITY OF YOUR PARTICIPATION IN THE TOKEN SALE IN YOUR JURISDICTION.
DOSHIBA TOKENS ARE NOT IN ANY WAY SHARES OR SECURITIES. YOU ARE NOT ENTITLED TO ANY OWNERSHIP OR OTHER INTEREST IN DOSHIBA LIMITED AS A RESULT OF THEM. THEY ARE SIMPLY A METHOD BY WHICH YOU MAY BE ABLE TO USE CERTAIN SERVICES ON A YET-TO-BE-DEVELOPED PLATFORM. THEREFORE, THERE IS NO GUARANTEE THAT THE PLATFORM WILL BE DEVELOPED AT ALL.
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