LEGAL CONSIDERATIONS, RISKS AND DISCLAIMER
YOU MAY LOSE ALL MONEY THAT YOU SPEND PURCHASING DOBUY (DBY) TOKENS. IN THE EVENT THAT YOU PURCHASE TOKENS, YOUR PURCHASE CANNOT BE REFUNDED.
THERE IS NO GUARANTEE THAT THE UTILITY OF THE DOBUY TOKENS WILL BE PERFORMED OR THAT THE DESIGN DESCRIBED IN THIS WHITE PAPER WILL BE FULLY IMPLEMENTED.
IF THE USEFULNESS OF THE DOBUY TOKENS (DBY) IS NOT CONFIRMED OR THE PROJECT DESIGN DESCRIBED IN THIS WHITE PAPER IS NOT FULLY ACHIEVED OR IS NOT PERFORMED, BY AGREEING TO THESE TERMS AND CONDITIONS AND BY PARTICIPATING INTO THE SALE OR PURCHASE OF THE DOBUY TOKEN, YOU WAIVE YOUR RIGHTS AND AGREE NOT TO JOIN ANY CLAIM, ACTION, JUDGMENT OR REMEDY AGAINST Dobuy.
IF YOU ARE UNSURE ABOUT ANYTHING IN THIS WHITE PAPER OR ARE NOT PREPARED FOR THE POSSIBILITY OF LOSE ALL THE MONEY YOU INVESTED WITH THE PURCHASE OF DOBUY TOKENS (DBY), WE FORMFORMLY INSIST THAT YOU DO NOT BUY ANY TOKEN DBY.
WE RECOMMEND THAT YOU CONSULT ATTORNEYS, FINANCIAL AND TAX ADVISERS, OR OTHER EXPERT PROFESSIONALS FOR FURTHER ADVICE PRIOR TO PARTICIPATE IN THE PURCHASE OR SALE OF THE TOKEN DOBUY DESCRIBED IN THIS WHITE PAPER.
WE STRONGLY RECOMMEND THAT YOU SEEK INDEPENDENT LEGAL ADVICE REGARDING LEGALITY IN YOUR JURISDICTION BEFORE MAKING A TOKEN DOBUY PURCHASE.
DBY TOKENS ARE DIGITAL ASSETS, ARE NOT SHARES OR SECURITIES OF ANY TYPE. THEY DO NOT ENTITLE YOU TO ANY OWNERSHIP OR OTHER INTEREST IN Dobuy. THEY ARE MERELY A MEANS BY WHICH YOU MAY BE ABLE TO UTILIZE CERTAIN SERVICES ON A PLATFORM THAT IS DEVELOPED.
PLEASE READ THE ENTIRETY OF THIS “LEGAL CONSIDERATIONS, RISKS AND DISCLAIMER” SECTION CAREFULLY.
You should read the following section “Legal Considerations, Risks and Disclaimer” in its entirety before: (i) making use of this White Paper and any and all information available on the website(s) of Dobuy (the “Company”) Located at dobuy.site (the “Site”); and (ii) participate in the purchase or sale of the Company’s token described in this White Paper (the “Token Sale”). This section “Legal Considerations, Risks and Disclaimers” applies to this White Paper and any and all information available on the Site. The contents of this section “Legal Considerations, Risks and Disclaimers” outlines the terms and conditions applicable to you in relation to (i) your use of this White Paper and any and all information available on the Site; and (ii) your participation in the Purchase or Sale of the dobuy Token, in each case, in addition to any other terms and conditions that we may publish from time to time relating to this White Paper, the website and the purchase and sale of Token (such terms hereinafter referred to as “Terms”). This section “Legal Considerations, Risks and Disclaimers” may be updated from time to time and will be published as part of the latest version of the White Paper, which will be available on the website. You will be required to read the most recent version of the White Paper available on the website in its entirety before participating in any purchase or sale of the dobuy Token.
The information presented in this section “Legal considerations, risks and disclaimer” may not be complete and does not imply any elements of a contractual relationship. Although we make every reasonable effort to ensure that all information: (i) in this White Paper; and (ii) available on the Site (the White Paper information and all information available on the Site hereinafter referred to as “Available Information”) is accurate and up-to-date, such material in no way constitutes any professional advice. Individuals intending to participate in the Dobuy Token Purchase and Sale should seek independent professional advice before acting on any of the Available Information.
LEGAL CONSIDERATIONS, RISKS AND DISCLAIMER
The Company has made reasonable efforts to approach the Sale of Token Dobuy responsibly and sensibly. Given the legal uncertainty of distributed proportion technologies, businesses and activities, as well as crypto assets and cryptocurrency-related businesses and activities in a number of jurisdictions, the Company has spent time and resources considering its business approach and where it proposes to operate now and in future. The company has worked on legal matters and has NOT requested any other legal advice in any other jurisdiction. As such, it is possible that the Company’s dobuy (DBY) Tokens described in this White Paper and which are the subject of the Token Sale (the “Tokens”) may not include security in your jurisdiction or the Company’s offer for sale of the tokens in your jurisdiction may be an unregulated or prohibited activity and, in any such case, the Company cannot be held responsible for it. The Company does not accept any responsibility or liability to you in these or any other circumstances. You are strongly encouraged to seek independent legal advice on legality in your jurisdiction prior to engaging in purchases or sales of dobuy tokens.
The Company will use reasonable strategic and commercial efforts to comply with all regulations and, to the extent practicable, the regulations of other jurisdictions as possible. However, due to the current uncertain state of regulation in relation to Distributed Reason Technology and Token Sales worldwide, the Company cannot guarantee the legality of the Token Sales or the business platform developed, as per Available Information, or the capacity to develop, structure and license any other future functionality of the dobuy Token in all jurisdictions, but the Company will use reasonable strategic and commercial efforts to be responsive to and comply with any regulatory investigation.
Dobuy tokens are functional utility tokens designed for use only on the Company’s devised and developed business platform. Tokens are not titles. In case you purchase dobuy Tokens, your purchase cannot be refunded. The Company does not recommend the purchase of Tokens for speculative investment purposes. The tokens do not entitle you to any equity, governance, voting or similar rights or rights in the Company or any of its affiliated companies. Tokens are sold as digital products, similar to downloadable software, digital music, and the like. The Company does not recommend that you purchase Dobuy Tokens unless you have some knowledge or experience with crypto tokens, Blockchain-based software and Distributed Ledger Technology (DLT), and most importantly, you have consulted a lawyer and/or an independent expert.
The Company may choose to make Available Information available in a number of different languages. In the event of a conflict between the English version of the Available Information and any foreign language version, the English version will prevail.
Citizens, nationals, residents (legal or otherwise) and/or green card holders of each of: (i) United States of America; (ii) People’s Republic of China; (iii) South Korea; (iv) Vietnam; and (v) any other jurisdiction that prohibits the possession, dissemination or communication of the Available Information and/or prohibits participation in the Sale of Tokens or the purchase of Tokens or the offer to sell Tokens or any similar activity or product (collectively, ” Restricted Jurisdictions”) or any other Restricted Persons are not permitted to participate in the Token Sale. The term “Restricted Persons” refers to any firm, company, partnership, consortium, corporation, entity, government, state or agency of a state or any other body or association, association or partnership constituted or not constituted (whether or not separate legal entity) that is established and/or legally existing under the laws of a Restricted Jurisdiction (including in the case of the United States of America, the federal laws of the United States of America, or the laws of any of its States).
Dobuy Tokens are not intended to and must not constitute securities in any jurisdiction. This White Paper does not constitute a prospectus or offering document of any kind and the Available Information is not intended to constitute an offer of securities or a solicitation to invest in securities in any jurisdiction. The Company does not provide any opinion or any advice to buy, sell or otherwise deal in dobuy Tokens and the presentation, publication or communication of all or any part of the Available Information shall not form the basis of, or be relied upon in connection with, any contract or investment decision.
No part of the Available Information should be considered as commercial, legal, financial or tax advice regarding the Company, the Buy Tokens, the Sale of Buy Tokens or any of the matters to which all or any part of the Available Information relates. You should consult your own legal, financial, tax or other professional advisor regarding the Available Information. You should be aware that you may be required to bear the financial risk of any purchase of dobuy Tokens for an indefinite period of time.
LIMITATION OF LIABILITY
In no event shall the Company or any current or former employees, officers, directors, partners, trustees, representatives, agents, consultants, contractors or volunteers of the Company (hereinafter the “Company Representatives”) be responsible or liable for in any way, in any way, by any purchaser of dobuy Tokens for any loss of profits or otherwise or for any lost savings or for any direct or indirect special or consequential incidental damages or in any cases arising out of or in connection with:
any failure by the Company or any of its affiliated companies to deliver or carry out all or part of the project or the platform or member network or the features of the dobuy Token described or provided for in the Available Information;
your use or inability to use at any time the services or products or the platform or member network or Tokens offered by the Company;
the violation of any of these Terms by the Company or Company Representatives or by you or a third party;
any security risk or security breach or security threat or security attack or any theft or loss of data, including but not limited to hacker attacks, lost password, lost private keys or anything similar;
errors or errors in the code, text or images involved in the Token Sale or any of the Available Information; or
any information contained in or omitted from the Available Information;
any representation of a promise of expectation or guarantee arising from (or allegedly arising from) the Available Information;
the volatility in the pricing of dobuy Tokens in any country and/or on any exchange or market (regulated, unregulated, primary, secondary or otherwise);
the purchase, sale, resale, redemption or not of dobuy Tokens; or
user’s failure to adequately protect any private key for a wallet containing dobuy Tokens (collectively, the “Excluded Liability Matters”).
Available Information (including the Site and White Paper) and dobuy Tokens are provided “as is” and without any representations or warranties of any kind, express or implied. You assume all responsibility and risk with respect to the use of the Available Information and the purchase of any quantity of dobuy Tokens and their use. If applicable law does not allow all or part of the above limitation of liability to apply to you, the limitations will apply to you only to the fullest extent permitted by applicable law.
To the fullest extent permitted by applicable law, you irrevocably and unconditionally waive: (i) any and all claims (whether real or contingent and whether as an employee, office holder, administrator, agent, director or in any other capacity whatsoever or in any way arising) including, without limitation, claims or in connection with the Excluded Liability Matters, any payment or refund of money, indemnity or otherwise that you may have against the Company or against any of the Company’s Representatives; and (ii) release and release the Company and all Company Representatives from any and all liability (of whatever nature or in any way) that she or they may have to you.
If for any reason hereafter you bring or initiate any legal action or proceeding with respect to any claim allegedly released and discharged pursuant to this paragraph or these Terms, or otherwise attempt to proceed with any claim against the Company or any Representative of the Company, then you hereby irrevocably and unconditionally undertake to indemnify and maintain indemnified the Company and all Company Representatives fully upon demand of and against:
all liabilities or losses incurred by the Company or any Company Representative; and
all reasonable costs, reasonable charges and expenses (including, without limitation, reasonable legal costs and expenses) reasonably and properly incurred by the Company or any Company Representative, in each case by reason of or in connection with the filing or initiation of such action or pursuit of such statement by you.
If any provision or partial provision of this section “Legal Considerations, Risks and Disclaimer” is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part of the provision will be considered deleted. Any modification or deletion of a clause or partial clause under this section “Legal Considerations, Risks and Disclaimer” will not affect the validity and enforceability of the remainder of this section of “Legal Considerations, Risks and Disclaimer”.
NO REPRESENTATION AND WARRANTIES
Notwithstanding any other provision of these Terms or any statement made expressly or implicitly in the Available Information, the Company does not or intend to do and hereby, disclaims any representation warranty or covenant commitment in any way to any entity or person, including any representation, warranty, commitment or agreement regarding the truthfulness, accuracy and completeness of any of the information set forth in the Available Information.
REPRESENTATION AND WARRANTIES BY YOU
By accessing and/or accepting possession or communication of all or any part of the Available Information, you represent and warrant (and will be deemed represented and warranted) to the Company on the date of such access or on the last date on which you had possession of all or any part of the Available Information as follows:
you are over 18 (eighteen) years old;
you agree and acknowledge that dobuy Tokens do not constitute stocks or bonds or securities or financial instruments or investments of any kind in any jurisdiction;
you agree and acknowledge that the Available Information (including the White Paper and the Website) does not constitute a prospectus or offering document of any kind and is not intended to constitute an offer of securities in any jurisdiction or a solicitation to invest in securities and you are not obligated to enter into any legally binding contract or undertaking and no cryptocurrency or other form of payment should be accepted on the basis of the Available Information;
you agree and acknowledge that no regulatory authority has examined or approved the Available Information, no action has been or will be taken in accordance with the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of all or any part of the Information Available to you do not imply that applicable laws, regulatory requirements or rules have been complied with;
you agree and acknowledge that the Available Information, the making and/or completion of the Dobuy Token Sale, or future trading of dobuy Tokens on any exchange or market (regulated, unregulated, primary, secondary or otherwise), shall not be construed , interpreted or considered by you as an indication of the merits of the Company, the Tokens, the Sale of dobuy Tokens or the Available Information;
the distribution or dissemination of the Available Information in any part or copy thereof, or acceptance thereof by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions on possession apply, you have observed and complied with all such restrictions at your own expense and without liability to the Company;
you agree and acknowledge that, in the event that you wish to purchase any dobuy Tokens, the Tokens shall not be interpreted, classified or treated as:
any type of currency or merchandise;
Debentures, shares or shares issued by any person or entity (whether the Company or another);
Rights, options or derivatives with respect to such debentures, shares or shares;
Rights under a contract for differences or under any other contract for the purpose or intended purpose of which is to secure profit or prevent loss;
Units in a collective investment scheme;
Units in a business fund;
Derivatives of units in a business fund;
Any other security or class of securities; or
Any type of investment;
You are fully aware and understand that you are not eligible to purchase any Tokens or access the Available Information if you are a citizen, national, resident (Legal or otherwise) and/or green card holder of a Restricted Jurisdiction or if you are a Restricted Person;
You have a basic degree of understanding of the operation, functionality, use, storage, transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology, and smart contract;
You are fully aware and understand that, in the event that you wish to purchase any dobuy Tokens, there are risks associated with: (A) the Company and its business and operations; (B) Tokens; (C) the Token Sale; and (D) rely on all or any part of the Available Information;
You agree and acknowledge that the Company is not responsible for any consequential special incidental indirect losses or other losses of any kind in tort or otherwise (including but not limited to loss of revenue or profits or loss of use or data or loss of reputation or loss of any economic or other opportunity of any nature or otherwise resulting) arising out of or in connection with any acceptance or reliance on the Available Information or any part thereof by you; and all above representations and warranties are true, complete, accurate and not misleading as of your last access and/or possession (as applicable) of the Available Information
CAUTION NOTE ON FORWARD-LOOKING STATEMENTS
All statements contained in the Available Information, statements made in any press releases or anywhere publicly accessible, and oral statements that may be made by the Company or Company Representatives (as applicable), which are not historical statements of fact, constitute “forward-looking statements”. Some of these statements may be identified by forward-looking terms such as “objective”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may” , “plans”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements relating to the Company’s financial position, business strategies, plans and prospects and the future market prospects in which the Company operates are forward-looking statements. These forward-looking statements, including but not limited to statements as to the Company’s profitability and revenue growth, profitability and expected revenue growth, prospects, future plans, other expected market trends and other matters discussed in the Company’s Available Information are questions that are not historical facts, but only estimates and predictions. The Company makes no representations or warranties that it has made any predictions or estimates or expectations based on any formula, any mathematical or scientific modeling or prediction, or has made any due and appropriate inquiries or has performed any independent or other research or studies. form. These forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the Company’s actual future results, performance or achievements to be materially different from any future results, performance or achievements expected, expressed or implied by such statements. These factors include, among others:
changes in the legal, political, social, economic and stock or cryptocurrency market conditions and/or regulatory environment in the countries in which the Company conducts its token sale, its business and/or its operations;
the risk that the Company will be unable to execute or implement its business strategies and future plans;
changes in interest rates and exchange rates for fiat currencies and cryptocurrencies;
changes in the Company’s anticipated growth and expected internal growth strategies;
changes in availability and fees payable to the Company in connection with its business and operations;
changes in the availability and salaries of the Company’s employees required to operate its business and activities;
changes in the preferences of the Company’s customers;
changes in the competitive conditions under which the Company operates, and the Company’s ability to compete under such conditions;
changes in the Company’s future capital needs and the availability of financing and capital to fund those needs;
international or domestic war or acts of terrorism;
occurrences of catastrophic events, natural disasters, pandemics and fortuitous events that affect the Company’s business and/or operations;
other factors beyond the Company’s control; and
any risks and uncertainties associated with the Company and its business and operations, the Tokens, the Sale of Tokens and reliance on all or any part of the Available Information.
All forward-looking statements made or attributable to the Company or Company Representatives are expressly qualified in their entirety by such factors. Given the risks and uncertainties that could cause the Company’s actual future results, performance or achievements to differ materially from those expected, expressed or implied by the forward-looking statements in the Available Information, you should not unduly rely on these statements.
These forward-looking statements are applicable only as of the date of publication of the White Paper and the last date the site was updated. Neither the Company, nor the Company Representatives, nor any other person represents, warrants and/or assumes that the actual future results, performance or achievements of the Company will be fully satisfactory as discussed in these forward-looking statements. The Company’s actual results, performance or achievements could differ materially from those anticipated in these forward-looking statements.
Nothing contained in the Available Information is or can be considered a promise, representation or commitment regarding future performance or Company policies. In addition, the Company disclaims any responsibility to update any such forward-looking statements or publicly announce any revisions to these forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.
You must carefully consider and evaluate each of the following risk factors and all other information contained in these Terms before deciding to participate in the Purchase or Sale of the dobuy Token. To the best of the Company’s knowledge and credibility, all risk factors that are relevant to you when making an informed analysis or judgment to participate in the Purchase or Sale of Token dobuy have been set out below. If any of the following material considerations, uncertainties or risks develop in actual events, the Company’s business, financial position and/or results of operations and the maintenance and level of usability of the dobuy Tokens could be materially and adversely affected. In such cases, the trading price of the Tokens (in the case where they are listed on an exchange or market (regulated, unregulated, primary, secondary or otherwise) may decrease due to any of these material considerations, uncertainties or risks, and you you may lose all or part of your dobuy tokens or their economic value.
RISKS RELATED TO PARTICIPATION IN TOKEN SALES
There is no market and past history for the Dobuy Tokens and the Dobuy Token Sale may not result in an active or liquid market for the Tokens.
Before token sales, there was no public market for tokens. In the event that the Company decides to seek approval for the availability of the Tokens for trading on an exchange or cryptocurrency market, there is no guarantee that such approval will be obtained.
Furthermore, even if such approval is granted by a cryptocurrency exchange, there is no guarantee that an active or liquid trading market for the dobuy tokens will develop, or if developed, will be sustained after the dobuy tokens have been made available for trading on such a market. There is also no guarantee that the market price of dobuy Tokens will not fall below the original purchase or issue price (the “Purchase Price”). The Buy Price may not be indicative of the market price of dobuy Tokens after they have been made available for trading in a market.
A Token is not a currency issued by any central bank or national, supranational or quasi-national organization, nor is it backed by any real assets or other credit, nor is it a commodity in the traditional sense of the word. The Company is not responsible for the circulation, transaction and trading of dobuy Tokens in any market. The trading of dobuy tokens will only depend on the consensus about their usefulness and their value among the relevant participants of the crypto market. No one is obligated to purchase any Token from any Token holder, including Buyers, nor does it guarantee the liquidity or market price of the Tokens to any extent and at any time. In addition, Tokens may not be resold to buyers who are citizens, nationals, residents (tax or otherwise) and/or green card holders of Restricted Jurisdictions or to Restricted Persons or to buyers in any other jurisdiction where the purchase of Tokens may be a violation of applicable laws. Consequently, the Company cannot guarantee that there will be any demand or market for the dobuy tokens, or that the purchase price is indicative of the market price of the dobuy tokens after they have been made available for trading on any exchange or cryptocurrency market.
Future sales or issuance of Tokens may materially and adversely affect the market price of dobuy Tokens. Any future sale or issuance of Tokens would increase the supply of Tokens in the market and this could result in downward pressure on the Token dobuy price. The sale or distribution of a significant number of Tokens outside of the Token Sale (including, but not limited to, Token sales made after completion of the initial crowdsale, issuance of Tokens to non-buyers for the purposes of community initiatives, development business, academic research, education and market expansion and issuance of dobuy Tokens as a reward to users of the Company’s business platform that is developed or not), or the perception that such additional sales or issuance may occur, may adversely affect the trading price of dobuy Tokens.
Negative publicity may materially and adversely affect the price of dobuy Tokens. Negative publicity involving the Company, its key executives, the business structure that is yet to be developed, the dobuy Tokens or any of the Company’s employees or representatives and/or the Distributed Ledger Technology (DLT) regulation, cryptocurrencies and/or token crowdsales in any jurisdiction, may materially and adversely affect the market perception or market price of dobuy Tokens, whether warranted or not.
The Company may not be able to pay any anticipated rewards in the future. There is no guarantee that there will be sufficient involvement and movement in the developed business platform such that you will receive any rewards anticipated to be distributed to active users of the business platform. Furthermore, even in the event that there is substantial involvement and interactions between users of the Company’s developed business platform, there is no guarantee that you will receive any rewards. This is because the Company’s ability to pay any reward to you will depend on the results of future operations and future business and the financial condition of the Company, and there is no guarantee of the results of future operations and future business and financial condition and capacity from the company.
There is no guarantee of any success in the Sale of the dobuy Token or the business platform developed by the Company as provided for in the Available Information. The value and demand of dobuy Tokens strongly depend on the sales performance, adoption of the usability and services of the business platform, the active and continuous involvement of its users and the success of the contemplated business segments. There is no guarantee that the sale of the dobuy Token will be successful or that the developed business platform will gain performance and continue to be heavily used. While the Company makes every effort to provide a realistic estimate, there is also no guarantee that the cryptocurrencies sold will be sufficient for the development of the dobuy business ecosystem. For the foregoing or for any other reason, the development of the dobuy business platform and the launch of new features and services may not be completed and there is no guarantee that they will be implemented and made available. As such, distributed dobuy tokens may have little or no value and this would affect any trade price and/or usage of dobuy tokens.
The trading price of dobuy tokens may fluctuate after the token is sold. Prices of crypto tokens in general tend to be relatively volatile and can fluctuate significantly over short periods of time. Demand and the corresponding market price for dobuy Tokens may fluctuate significantly and rapidly in response to, among others, the following factors, some of which are beyond the Company’s control and reach:
new technical innovations;
speculations, recommendations, perceptions or estimates of analysis of the market price of the Token dobuy or the financial and commercial performance of the Company;
changes in the market valuations and prices of tokens of entities operating in business similar to the Company’s, which may be listed on the same exchanges or cryptocurrency markets as the dobuy Tokens;
Company announcements of representative events, for example, partnerships, sponsorships or development of new products and services;
fluctuations in market prices and trading volume of cryptocurrencies on exchanges or cryptocurrency markets;
additions or departures of key Company executives;
success or failure of the Company’s management in implementing business and growth strategies; and/or changes in conditions affecting the blockchain or financial technology industry; general economic conditions or market sentiments, or various other events and factors.
Funds raised in the Token Sale are exposed to risks of cyber theft or other formats. The Company makes every effort to ensure that funds received from the Dobuy Token Sale are held securely in a secure deposit wallet, which is an address with multiple access signatures through private keys maintained by trusted entities and from good reputation. In addition, the Company can make every effort to ensure that the funds it receives from the sale of Tokens are kept securely through the implementation of advanced security measures. Nevertheless, even with the adoption of such security measures, there is still no guarantee that there will be no theft of cryptocurrencies as a result of hacking actions, sophisticated cyber attacks, distributed denials of service or errors, vulnerabilities or defects in the Token Sales platform , in the smart contract in which the deposit portfolio and Token Sale are operationalized and processed, in the Ethereum or BSC Scan blockchain or any other blockchain, or in any other unpredictable way. Such events can include, for example, faults in programming or source code that allow exploitation and access to the system. In these cases, even if the Token Sale is completed, the Company may not receive the traded cryptocurrencies and/or the Company may not be able to use these funds for the development of the business platform and the dobuy ecosystem, in such a way that, depending on the situation, the operation of the dobuy trading platform may be temporarily or permanently interrupted. As such, distributed tokens can lose value and this would abruptly affect trade prices.
RISKS RELATING TO THE ESCROW WALLET
Escrow wallet private keys may be compromised and cryptocurrencies may not be paid. The custody wallet is designed to be extremely secure. Each of the holders of the private keys to access the custody portfolio will make every possible effort to safeguard their respective keys, but in the unlikely event that any of the keys for accessing the custody portfolio are, for any reason, lost, destroyed or If damaged in any way, funds held in the custody portfolio may not be recovered and disbursed and may be permanently unrecoverable. In this case, even if the Token Sale is successful, the Company will not be able to receive the funds raised and the Company will not be able to use the funds for the development of the business platform and the dobuy ecosystem. As such, distributed dobuy tokens can lose value and this would abruptly affect your trades price.
RISKS RELATED TO THE COMPANY
Any events or circumstances that adversely affect the Company or any of its successors or affiliated operating entities may have an adverse and direct effect on the developed business platform and the dobuy ecosystem, including but not limited to the development, structuring and launch of new ones services and features of the dobuy platform. These adverse effects would have a material impact on the utility, liquidity and trading price of dobuy Tokens.
The Company may be materially and adversely affected if it fails to manage its operations with good governance, efficiency and rigidity as the business develops and evolves, which may directly impact the market potential and the ability to expand, develop, maintain or operate the dobuy business platform and/or develop, structure and perform any new service, product or functionality of the dobuy Token.
The technology, financial services and cryptocurrency sectors in which the company competes have grown rapidly in recent years and continue to evolve in response to new technological advances, changes in business models, changes in regulations and other factors. As a result of this constantly changing environment, the Company may face operational difficulties in adjusting to the changes and the Company’s sustainability will depend on its ability to manage its operations, ensure the hiring of qualified and competent employees, and provide adequate training for the team. As its business evolves, the Company must also expand and adapt its technological and operational infrastructure. The Company’s business will depend in part on its blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain and smart contract technologies. All of these systems, tools, and skill and knowledge sets represent a complex, expensive, and rapidly evolving technical infrastructure. In order to demonstrate continued ability to effectively manage the infrastructure and technical support for the developed dobuy business platform and develop the Tokens ecosystem, services and future functionality, the Company will need to continually update and improve its data systems and other systems. operational procedures, procedures and controls. These updates and enhancements will require a dedication of resources and are likely to be complex and will increasingly rely on connectivity and services hosted at third-party resorts that the Company does not or will not control. If the Company is unable to efficiently and cost-effectively adapt its systems and organization to accommodate changing circumstances, its business, financial condition and/or results of operations may be adversely affected. If the contracted third parties on which the Company depends are subject to a security breach or suffer interruptions that affect the services that the Company uses, the integrity and availability of its internal information and operational activities may be compromised, and, consequently, cause the loss of confidential or proprietary information and/or economic loss. The loss of financial, human or other resources, and any other adverse effect on the Company’s business, financial condition and/or operations, would have a direct adverse effect on the Company’s ability to develop, maintain or operate the dobuy business platform and / or develop, structure and / or perform project activities and features provided for the Token dobuy. Any adverse effects affecting the Company’s business or technology will likely also adversely affect the usability, liquidity and trading price of the dobuy Tokens.
The Company may experience system failures, unplanned interruptions in its network or services, hardware or software defects, security breaches or other causes that may adversely affect the Company’s infrastructure network and/or the developed business platform.
The Company can predict when or if there will be occurrences of hackers, cyber attacks, distributed denials of service or errors, vulnerabilities or defects in the developed business platform, in the smart contracts on which the Company and the business platform depend, or on Ethereum or on BSC Scan or any other blockchain. Such events can include, for example, flaws in programming or source code that lead to their exploitation or hijacking. The company may not be able to detect such hacks, cyber attacks, vulnerabilities or distributed denial of service errors in a timely manner and may not have sufficient resources to deal with the occurrence of multiple incidents of service simultaneously or in succession
The Company’s network or services, which include the Company’s successfully developed, structured and launched business platform and dobuy Token functionalities, may be disrupted by various events, including natural disasters, equipment failure, network connectivity downtime , power losses or even intentional interruptions to its services, such as outages caused by software viruses or attacks from unauthorized users, some of which may be beyond the Company’s reach and control. There can be no guarantee that cyber attacks, such as distributed denials of service, will not occur or will be attempted in the future, or that all of the Company’s security measures will be fully effective. The Company may be subject to attacks on its technological infrastructure with the aim of stealing information, financial data or information from users of the platform or other actions that may be harmful to the Company and/or the holders of dobuy Tokens. Any significant breach of the Company’s security measures or other disruptions resulting in a compromise of the usability, stability and security of the dobuy trading platform and its ecosystem may adversely affect the usefulness, liquidity and/or trading price of the dobuy Tokens.
The Company relies in part on leasing data center facilities from third-party companies.
The Company’s infrastructure network may be established, in whole or in part, through its own servers and/or through hosting in premises leased from third parties, with servers and data center leased from third parties. If the Company is unable, for any reason, to renew the leases of the facilities and data infrastructure on commercially satisfactory terms, the Company may be required to transfer its servers to a new facility and data center, which may incur significant costs, in addition to possibility of interruption of connection services with the new integration. These facilities and infrastructures, even in highly capable and reputable companies, are also vulnerable to damage or interruptions such as natural disasters, arson, terrorist attacks, energy losses and telecommunications failures, among others.
In addition, third party service providers of such facilities and infrastructure may suffer a security breach as a result of third party action, employee error, intentional or otherwise, or a third party obtaining unauthorized access to the data and codes of the leased servers. The Company and the suppliers of such facilities and infrastructure may not be able to predict these technical occurrences or implement safer and more adequate preventive measures.
Global market and economic conditions may have an adverse impact on the Company’s operating performance, results of operations and/or cash flows.
Challenging economic conditions around the world have, from time to time, contributed, and may continue to contribute, to downturns in the information technology industry generally. Economic instability may have an adverse effect on the Company’s business, operations and financial condition, including decreases in operating income and cash flows, and the ability to attract future capital and/or debt financing on commercially reasonable terms. Furthermore, in a low-cycle economic environment, the Company may experience the negative effects of a slowdown in the commercialization and usability of the business platform, in the structuring, in the development of new products, services and features of the Token dobuy.
The technology and infrastructure service providers on which the Company depends for the use of servers, bandwidth, leasing and other services may also be adversely affected by economic conditions which, in turn, may have a negative impact on the Company’s operations or expenses. We cannot guarantee, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a material adverse impact on the business, financial condition and results of operations and, therefore, on the business platform developed and / or the ability to develop, structure, license and / or release any new functionality of the dobuy Token. Any of these circumstances could have a negative impact on the usefulness, liquidity and/or trading price of dobuy Tokens.
The Company or Tokens may be affected by newly implemented regulations.
Distributed Ledger Technologies (DLT), cryptocurrency or cryptocurrency related business and activities are generally unregulated throughout the world, but various regulatory authorities in jurisdictions have been vocal about considering implementing regulatory regimes governing Distributed Ledger Technologies, businesses and activities with cryptocurrencies or related to cryptocurrencies. The Company or dobuy Tokens may be affected by newly implemented regulations relating to Distributed Ledger Technologies, cryptocurrency business and activities or cryptocurrency related business and activities, including the need to take steps to comply with such regulations, or having to deal with inquiries, notifications, requests or enforcement actions by regulatory authorities, which may be costly and may also require substantial modifications to the developed business platform and/or functionality of the dobuy Token. This can impact the usability or usefulness or functionality of the dobuy business platform and/or the dobuy token functionalities for users and result in decreased usage and demand for the business platform and dobuy tokens. In addition, if the costs (financial or otherwise) of complying with such newly implemented regulations exceed a certain threshold, maintaining the business platform and/or developing, structuring, licensing and/or releasing new functionality of the dobuy Token may no longer be commercially available. viable, and the Company may choose to discontinue the business platform or even the functionality of the Token dobuy. In addition, it is difficult to predict how or whether governments or regulatory authorities may implement any changes in laws and regulations that will affect Distributed Ledger Technologies, cryptocurrency or related cryptocurrency businesses and activities, including the business platform and the dobuy ecosystem and/or the dobuy Token functionality.
The Company may also have to discontinue activities in a particular jurisdiction that make the dobuy operation illegal, or make it commercially impracticable or undesirable to obtain the necessary regulatory approvals to operate in such jurisdiction. In these scenarios the utility, liquidity and/or trading price of dobuy Tokens will be adversely affected and the Tokens may no longer be traded.
There may be unforeseen risks arising from the Tokens.
Encrypted tokens like dobuy tokens are a relatively new and dynamic technology. In addition to the risks included in the discussion of risk factors, there are other risks associated with the purchase, possession and usability of Tokens, including those that the Company cannot anticipate.
These risks may even appear as unforeseen variations or combinations of the risks mentioned above.
By purchasing dobuy Tokens, you agree that your personal data, (ie your email address, full name, address and other personal information) will be processed by the Company for commercial purposes and/or for purposes of construction, promotion and communication (on) the developed business platform and the dobuy Tokens. The Company agrees to keep your email address and other personal data private and not share them with the public (for example, including them on external lists or selling them to third parties).
The presentation of the Available Information is for informational purposes only. Anyone interested in purchasing dobuy Tokens (DBY) and/or participating in the Sale of Dobuy Tokens (DBY) should consider the various risks before making any kind of decision regarding the Purchase or Sale of Tokens. The Available Information does not include any advice from the Company or Company Representatives, or any recommendation to any recipient of the Available Information, by virtue of any participation in the Purchase or Sale of Tokens or otherwise. The Available Information does not necessarily identify, or claim to identify, all risk factors related to the Company, the developed business platform, the dobuy Tokens, the Sale of Tokens, or any future functionality of the Token or new Information Available. All participants must make their own independent assessment, after making such investigations as they deem essential and necessary, of the benefits of participating in the Purchase or Sale of dobuy Tokens, and in particular after seeking independent professional advice and advice. Any participant in the Purchase or Sale of Token dobuy must verify and trust their judgment and analysis, their investment, accounting, their legal and tax representatives, consultants and experts in relation to such matters and risks, as well as information related to the Company , developed business platform, Dobuy Tokens, Buying and Selling Tokens, any future Dobuy Token Functionality and the Available Information and separately assessing the financial risks, consequences and appropriateness of buying dobuy Tokens or in case of doubt about the facts described in the Available Information. A purchase of Tokens involves considerable risk and may involve extraordinary risks that could lead to the loss of all or a significant portion of the money or monetary value used to purchase the Tokens. Participants in the Purchase or Sale of Tokens must fully understand, be aware of and accept the characteristics and activities of the company and the business, the trading platform, the tokens and any future functionality of the dobuy token and/or new Available Information. If you are not prepared to accept any or all of these Terms or the risks defined and explained in these Terms, WE STRONGLY ENCOURAGE AND RECOMMEND YOU NOT TO PARTICIPATE IN THE PURCHASE OF TOKEN. No guarantee is given by the Company or the Company Representatives that the proposals, objectives and/or results of the dobuy project set forth in the Available Information will be achieved in whole or in part. You are encouraged to consider whether participation in the dobuy Purchase is suitable for you, taking into account your personal and financial circumstances and your financial resources.
RESTRICTIONS ON DISTRIBUTION AND DISCLOSURE OF AVAILABLE INFORMATION
The distribution or dissemination of all or any portion of the Available Information may be prohibited or restricted by the laws, regulatory requirements and rules of certain jurisdictions. In the event that any restriction applies, you are responsible for informing yourself of it and for observing any restrictions that apply to your possession and/or the dissemination of all or any part of the Available Information at your own expense and without any responsibility to the Company.
Persons to whom a copy of all or any part of the Available Information has been distributed or disseminated, provided access to or who otherwise have all or any part of the Available Information in their possession must not circulate it to other persons, reproduce it or otherwise. otherwise distribute any information contained in this document for any purpose, nor permit or cause the same to occur.
NO OFFER OF SECURITIES OR REGISTRATION
This White Paper does not constitute a prospectus or offering document of any kind and is not intended to constitute an offer of securities or a solicitation of investment in securities in any jurisdiction. No person is obligated to enter into any legally binding contract or commitment and no cryptocurrency or other form of payment shall be accepted on the basis of all or part of the Available Information. Any agreement regarding any sale and purchase of Tokens shall be governed by the terms and conditions of such agreement and no other documents. In the event of inconsistencies between the terms and conditions of this agreement and the Available Information, these terms and conditions will prevail. You are not eligible to purchase any Tokens if you are a citizen, resident (legal or otherwise) or green card holder of a Restricted Jurisdiction or if you are a Restricted Person. No regulatory authority has reviewed or approved any of the Available Information. No such action has been or will be taken in accordance with the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of Available Information does not imply compliance with applicable laws, regulatory requirements or rules.