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Disclaimer

By engaging with the Kapital DAO, the Kapitalist Gaming Community, or affiliated entities, you acknowledge that you have read and understood the below disclaimers. Please review the terms carefully.
The information set forth in the White Paper or these Legal Notices (“Legal Notices”) may not be exhaustive and should not be construed to create a contract between you and Kapital DAO. While we make every reasonable effort to ensure that all information: (i) in the White Paper; (ii) available on the Kapital DAO website https://kapital.gg/, (iii) available on its Twitter account (@KapitalDAO), (iv) its Discord Channel, or (v) any other available information moderated by Kapital DAO (collectively, the “Sites”) (all the information in the White Paper and all information available on the Sites hereinafter referred to as the “Current Information”) is accurate and up to date, such material in no way constitutes professional advice. Individuals intending to purchase the KAP token (each a “Token Purchase”) should seek independent professional advice prior to acting on any of the Current Information.
NO REPRESENTATION & WARRANTIES
Notwithstanding any other provision of these Legal Notices or any statement made expressly or impliedly in the Current Information, Kapital DAO does not make or purport to make, and hereby disclaims, any representation warranty undertaking or covenant in any form whatsoever to any entity or person, including any representation warranty undertaking or covenant in relation to the truth, accuracy and completeness of any of the information set out in the Current Information.
REPRESENTATION & WARRANTIES BY YOU
By accessing the Current Information or engaging in a Token Purchase, you represent and warrant to Kapital DAO:
  • you are over 18 (eighteen) years of age;
  • you agree, accept, and acknowledge that the Tokens do not constitute shares or equities or securities or financial instruments or investments in any form in any jurisdiction for any purpose;
  • you agree and acknowledge that the Current Information does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities;
  • you agree and acknowledge that no regulatory authority has examined or approved of the Current Information, and presently there is no plan for the Current Information to be so reviewed;
  • the distribution or dissemination of the Current Information any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to Kapital DAO;
  • you will not make any representation to any person regarding the Tokens that conflict with these Legal Notices;
  • you agree and acknowledge that in the case where you wish to purchase any Tokens, the Tokens are not to be construed, interpreted, classified or treated as:
    • debentures, stocks or shares issued by any person or entity (whether Kapital DAO or otherwise);
    • rights, options or derivatives in respect of such debentures, stocks or shares;
    • rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss;
    • units in a collective investment scheme;
    • units in a business trust;
    • derivatives of units in a business trust;
    • any other security or class of securities; or
    • any type of investment
  • you are fully aware of and understand that you are not eligible to purchase any Tokens or access the Current Information if you are a citizen, national, resident (tax or otherwise) of an internationally sanctioned country.
  • you have a basic degree of understanding of the operation, functionality, usage, 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 technology;
  • you are fully aware and understand, there are risks associated with: (A) Kapital DAO and its business and operations; (B) the Tokens; (C) the Token Purchase; (D) storage of the Tokens, and (E) relying or acting on all or any part of the Current Information;
  • you agree and acknowledge that Kapital DAO is not liable for any direct, indirect, special, incidental, consequential, or other losses of any kind in tort contract or otherwise (including but not limited to loss of revenue income or profits or loss of use or data or loss of reputation or loss of any economic or other opportunity of whatsoever nature or howsoever arising) arising out of or in connection with any acceptance of or reliance on the Current Information, Token Purchase, or any part thereof by you; and
  • all of the above representations and warranties are true, complete, accurate and not misleading from the time of your last access to and/or possession of (as the case may be) the Current Information.
RESTRICTED PARTICIPATION
Participating as a tokenholder or as a contributor in the initial Balancer Pool event of the DAO is expressly forbidden for individuals who are citizens or residents of the United States of America. IP geoblocking will be instituted across the token pool interfaces as well as any component of any app offered by the Kapital DAO that permits users to claim or earn KAP tokens.
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
All statements contained in the Current Information, statements made in any press releases or in any place accessible by the public and oral statements that may be made by Kapital DAO or Kapital DAO representatives (as the case may be), that are not statements of historical fact, constitute “forward looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “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 regarding Kapital DAO's financial position, business strategies, plans and prospects and the future prospects of the industry which Kapital DAO is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to Kapital DAO's revenue profitability and growth, expected revenue profitability and growth, prospects, future plans, network plans, other expected industry trends and other matters discussed in the Current Information regarding Kapital DAO are matters that are not historic facts, but only estimations and predictions.
Kapital DAO makes no representation or warranty on having made any predictions or estimates or expectations on the basis of any formula, any mathematical or scientific modelling or forecast, or having made any due and proper enquiries or having undertaken any independent research or studies or otherwise. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of Kapital DAO to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others:
  • changes in legal, political, social, economic, and stock or cryptocurrency market conditions and the regulatory environment in the countries in which Kapital DAO conducts its business and/or its operations or where you engage in a Token Purchase;
  • the risk that Kapital DAO may be unable or execute or implement its business strategies and future plans;
  • changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;
  • changes in the anticipated growth strategies and expected internal growth of Kapital DAO;
  • changes in the availability and fees payable to Kapital DAO in connection with its business and operations;
  • changes in the availability and salaries of employees who are required by Kapital DAO to operate its business and operations;
  • changes in preferences of customers of Kapital DAO;
  • changes in competitive conditions under which Kapital DAO operates, and the ability of Kapital DAO to compete under such conditions;
  • changes in the future capital needs of Kapital DAO and the availability of financing and capital to fund such needs;
  • war or acts of international or domestic terrorism;
  • occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of Kapital DAO;
  • other factors beyond the control of Kapital DAO; and
  • any risk and uncertainties associated with Kapital DAO and its business and operations, the Tokens, the Token Purchase and reliance on all or any part of the Current Information.
All forward-looking statements made by or attributable to Kapital DAO or Kapital DAO representatives are expressly qualified in their entirety by such factors. Given that risks and uncertainties that may cause the actual future results, performance or achievements of Kapital DAO to be materially different from that expected, expressed or implied by the forward-looking statements in the Current Information, undue reliance must not be placed on these statements.
These forward-looking statements are applicable only as of the later of the date of publication of the White Paper and the latest date that the Sites have been updated. Neither Kapital DAO nor Kapital DAO representatives nor any other person represents, warrants and/or undertakes that the actual future results, performance or achievements of Kapital DAO will be as discussed in those forward-looking statements. The actual results, performance or achievements of Kapital DAO may differ materially from those anticipated in these forward-looking statements.
Nothing contained in the Current Information is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of Kapital DAO. Further, Kapital DAO disclaims any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.