Comment on page
This Litepaper does not constitute any investment advice, financial advice, trading advice, or recommendation made by the issuer, nor by its affiliates, executives, agents, advisors, or consultants, nor should it be relied upon in connection with any contract, holding or purchasing decision.
WE DO NOT OFFER ANY INVESTMENT OR FINANCIAL ADVICE. ANY REFERENCE DISPLAYED IN THIS LITEPAPER IS MENTIONED ONLY FOR INFORMATIVE PURPOSES.
Any approximation, value or estimation available in this Litepaper is purely made for informative or explanation purposes and does not constitute a promise or guarantee.
As a rule of thumb, the digital products presented herein are available to and must be accessed only by persons who are in full civil capacity according to their national regulation.
Considering that all the information mentioned in this Litepaper are part of an innovative project, we cannot and do not guarantee the success of achieving to develop any of the services or features thereby presented, their accuracy, applicability, reliability, integrity, performance, or appropriateness. Furthermore, we shall not be liable for any loss or damage that may be caused directly or indirectly by your use of these contents.
All readers are recommended to exercise a high level of prudence and responsibly assume decisions within their own capabilities, on their own risk.
Not a sale of security
This Litepaper does not constitute a prospectus or financial service offering document and is not an offer to sell or a solicitation of an offer to buy any security, investment products, regulated products, or financial instruments in any jurisdiction.
The $BFY token is not being structured or sold as securities. Furthermore, owners of these digital assets are not entitled to any rights in connection to the issuer company or any of its affiliates, including any equity, shares, units, profit, returns, or direct income, nor or any other company, intellectual property or ownership in that connection.
In the long way, the main purpose of the $BFY token is to create stimulating possibilities for users to adequately interact with a specific Web 3.0 digital environment. These fungible tokens are therefore intended to offer access to digital and digitally connected products and services which can be released by means of the relevant ecosystem, and thus made available to engage therewith on the dedicated blockchain(s).
Furthermore, the issuer aims to create utility tokens based on a blockchain model, that gives holders access chiefly to non-financial intrinsic services and products, meant to pave the way of providing burning services for cryptocurrencies within the MultiversX ecosystem in a manner which would fit the trends of the future.
None of these digital items do not offer direct access to any shareholding structure, nor similar rights, obligations or benefits.
The functionalities of the $BFY token can be adapted or extended, depending on the evolution of the relevant ecosystem, in all cases without making concessions as to their exclusive utility character.
Furthermore, the $BFY tokens are not covered by the investor compensation schemes under Directive 97/9/EC of the European Parliament and of the Council, nor by the deposit guarantee schemes under Directive 2014/49/EU.
No representations or warranties have been made to the recipient of this Litepaper or its advisers as to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this Litepaper or any omission from this document or of any other written or oral information or opinions provided now or in the future to any interested party or their advisers. The $BFY token as envisaged in this Litepaper is under development and they are being constantly updated, including but not limited to key functional and technical features.
If and when the $BFY token and its corresponding features would be deemed completed, they may differ significantly from the description set out in this Litepaper.
Purchasing or making use of any kind of digital items entails some risks and may lead to a loss of the money involved. Prior to purchasing, selling, holding, using or making use of any $BFY tokens you should carefully assess and take into account the risks, including those listed in any other relevant documentation. A purchaser should not acquire any $BFY tokens based on speculative or investment purposes. Purchasers should only purchase any cryptocurrencies referred to herein if they fully understand the nature thereof. Hence, a purchaser shall always priorly accept the inherent risks associated with any damage or loss which may thereby occur, including as to the use of digital procedures, applications and/or assets used in order implement a purchase decision.
You shall always consider that this project was conceived as futuristic at the publishing date of this Litepaper, being based on emerging and specialized or niche technologies. Most of these technologies and features have still not been tested enough so that reliable lessons could be clearly drawn from practice, and at the same time the relevant ecosystem promotes even more innovative use cases for such digital assets. Challenges accordingly assumed, we do not promise nor guarantee any results, but merely advise you to exercise a high degree of caution, proper research and risk assumption whenever you desire, plan or intend to access platforms, to acquire or, depending on the case, receive digital assets (including $BFY tokens) and/or use any services related to the project presented throughout this Litepaper.
Please note that the $BFY tokens or other cryptocurrencies referred to herein may not always be transferable or may not be liquid. Furthermore, they may not be exchangeable against the good or service promised in this Litepaper, especially in the case of a failure or discontinuation of the project contemplated herein.
PLEASE TAKE INTO CONSIDERATION THAT THE VALUE OF ANY FUNGIBLE OR NON-FUNGIBLE TOKEN, AS WELL AS OF ANY CRYPTOCURRENCY ON THE OPEN MARKET MAY CHANGE BY +/- 100% EVERY SECOND BY REFERENCE TO THE ACQUISITION PRICE OR BY REFERENCE TO ANY PREVIOUS VALUE.