Terms and Condition
The purpose of this White Paper is to present AMMUT and its business model to potential token holders in connection with the proposed Token Launch. The information set forth herein may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of acquiring AMMUT (XAMM) tokens.
This document is not composed in accordance with and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors. Certain statements, estimates and financial information contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties or the results implied or expressed in such forward-looking statements. Nothing in this White Paper shall be deemed to constitute a prospectus of any sort about the AMMUT Token Launch.
The information contained herein may from time to time be translated into other languages or used in the course of written or verbal communications to existing and prospective customers, partners, etc. In the course of such translation or communication, some of the information contained herein may be lost, corrupted, or misrepresented. The accuracy of such alternative communications cannot be guaranteed. This section of this white paper provides prospective investors insight into some risks involved with an ICO crowdsale.
The risk of failure to fund the project is present. The AMMUT Token (XAMM) may be influenced by market trends once listed on the exchanges. The value of XAMM may be influenced by events out of control of the cryptosphere, including fraud, legislative changes, tax treatment changes, new disruptive technologies, and organized crime. XAMM may not ever be tradable on the exchanges. The Tokens could also face the risk of limited or no liquidity in the market. Should this happen, you will not be able to sell your tokens on the exchanges. There are no guarantees that the Tokens will increase in value; volatility in the crypto exchanges means that the price of this Token might, at some point in the future, come down. AMMUT performance may be interrupted, suspended or delayed due to force majeure circumstances.
For the purposes of this White Paper, force majeure shall mean extraordinary events and circumstances which could not be prevented by AMMUT and shall include: acts of nature, wars, armed conflicts, mass civil disorders, industrial actions, epidemics, lockouts, slowdowns, prolonged shortage or other failures of energy supplies or communication service, acts of municipal, state or federal governmental agencies, other circumstances beyond AMMUT’s control, which were not in existence at the time of Token Launch.
Cryptocurrencies make use of Blockchain technology, which is based on cryptographic encryption. Because it is a relatively new technology, the risk that one or more Blockchains will be defective is considerable. That can lead to malfunctioning and/or security breaches, and that, in turn, could result in a loss or the loss of value of the cryptocurrencies that make use of that Blockchain
AMMUT will do business with several counterparties, and the inability of these counterparties to meet their obligations (financial or otherwise) could have an adverse effect on its operational results and the value and/or output of the token. The tax consequences of a token and the output of a token, depending on personal circumstances and may be subject to changes in the future. Potential token holders are advised to seek legal and tax advice before acquiring tokens.
Additional risks and uncertainties not known at present to AMMUT, or that AMMUT currently believes to be immaterial could also have a material impact on its business operations, the token and/or the output of the token.
Users located in the following countries are forbidden from participating in the Ammut ICO: Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Mainland China, Malaysia, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, United States of America (USA), Venezuela, Yemen, Zimbabwe