<aside> ⚠️ Last Updated February 18, 2023
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Please read the entirety of this “Legal Disclaimer, Considerations and Risks” section carefully. If you have any doubts as to what actions you should take, we recommend that you consult with your legal, financial, tax or other professional advisor(s) or expert(s).
Kaira’s Terms of Use, Privacy Policy and other documents related to Kaira Services (“Kaira Documents’’) and Services are not subject to any legal system and are not governed by any law. No regulatory authority has examined or approved of any of the information set out in the Kaira Documents or Services and no such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction.
Kaira Documents and Services provide comprehensive information about Kaira Platform/Website, including NFT marketplace and other features such as the ecosystem, token economy etc. The publication, distribution or dissemination of the Kaira Documents do not imply that the applicable laws, regulatory requirements or rules have been complied with.
You don’t have the right and shouldn’t buy NFTs or Tokens if you are a citizen or resident (tax or otherwise) of any country or territory where transactions with digital tokens and/or digital currencies are prohibited or in any other manner restricted by applicable laws. (“Person” is generally defined as a natural person residing in the relevant state or any entity organized or incorporated under the laws of the relevant state).
This ‘’Legal Disclaimer, Considerations and Risks’’ section applies to the White Paper and any and all information available on the Kaira Platform/Website. The contents of this “Legal Disclaimer, Considerations and Risks” section outlines the terms and conditions applicable to you in connection with (i) your use of this White Paper and of any and all information available on the Website; and (ii) your participation in the NFTs or Tokens, 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 related legal documents on the Website (such terms hereinafter referred to as the “Terms”).
This “Legal Disclaimer, Considerations and Risks” section may be updated from time to time and will be published as part of the latest version of the White Paper which shall be available on the Website. You shall be obliged to read in full the latest available version of the White Paper available on the Website.
No part of the Kaira Documents are to be reproduced, distributed, or disseminated without including this “Disclaimer of Liability'' section. The sole purpose of the Kaira Document is to present Kaira Platform and NFTs or Tokens to potential NFT or token holders. The information is provided for informative purposes only. It may not be exhaustive and doesn’t imply any elements of a contractual relationship or obligations.
Despite the fact that Kaira makes every effort to ensure the accuracy, up-to-dateness, and relevance of any material in the Kaira Documents and the services on the Kaira Platform/Website this document and materials contained herein are not professional advice and in no way constitutes the provision of professional advice of any kind.
Further, Kaira reserves the right to modify or update the Kaira Documents and information contained herein, the Services on the Kaira Platform/Website at any moment and without notice. To the maximum extent permitted by any applicable laws, regulations and rules, Kaira doesn’t guarantee and doesn’t accept legal responsibility of any nature, for any 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, and loss of use or data), arising from or related to the accuracy, reliability, relevance or completeness of any material contained in Kaira Documents or in the Services on the Kaira Platform/Website.
Further, Kaira does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity, person, or authority, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in Kaira Documents or about the Services on the Kaira Platform/Website.
Citizens, nationals, residents (tax or otherwise) and/or green card holders of each of: (i) the United States of America; (ii) the People’s Republic of China; (iii) South Korea; (iv) Vietnam; and (v) any other jurisdiction which prohibits or requires any supervision, oversight, licensing, regulatory compliance and/or approval from any regulatory (or similar) authority or body or from any monetary or securities body or authority for: (a) the possession, dissemination or communication of the Available Information; and/or (b) the participation in the Token Sale or the purchase of Tokens and/or the offer for sale of the Tokens or any similar activity or product, (collectively the “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, trust, corporation, entity, government, state or agency of a state or any other incorporated or unincorporated body or association, association or partnership (whether or not having separate legal personality) that is established and/or lawfully existing under the laws of a Restricted Jurisdiction (including in the case of United States of America, under the federal laws of the United States of America or under the laws of any of its States).
The Tokens are not intended to constitute, and shall not constitute, equities or securities (of any nature whatsoever) in any jurisdiction. This White Paper does not constitute a prospectus or offer document of any sort and the Available Information is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. The Company does not provide any opinion or any advice to purchase, sell, or otherwise transact with 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
Kaira has used reasonable endeavors to approach the Services on the Kaira Platform/Website in a responsible and sensible manner. Given the legal uncertainty of distributed ledger technologies, businesses and activities as well as cryptocurrencies and cryptocurrency-related businesses and activities in a number of jurisdictions, Kaira has spent time and resources to consider its business approach and where it proposes to operate now and in the future.
Purchased NFTs or tokens cannot be offered or distributed as well as cannot be resold or otherwise alienated by their holders to mentioned persons. It is your sole responsibility to establish, by consulting (if necessary) your legal, tax, accounting or other professional advisors, what requirements and limitations, if any, apply to your particular jurisdiction, and ensure that you have observed and complied with all restrictions, at your own expense and without liability to Kaira NFTs or tokens are not and will not be intended to constitute securities, digital currency, commodity, or any other kind of financial instrument and have not been registered under relevant securities regulations, including the securities laws of any jurisdiction in which a potential token holder is a resident. You should be aware that you may be required to bear the financial risk of any purchase of Tokens for an indefinite period of time. You are strongly advised to take independent legal advice in respect of the legality in your jurisdiction of your participation in the Token Sale and purchase of Tokens.
The Kaira Documents are not a prospectus or a proposal, and their purposes are not to serve as a securities offer or request for investments in the form of securities in any jurisdiction. However, in spite of the above, legislation of certain jurisdictions may, now or in future, recognize Kaira NFTs or Tokens as securities. Kaira does not accept any liability for such recognition and\or any legal and other consequences of such recognition for potential owners of Kaira NFTs or tokens, nor provide any opinions or advice regarding the acquisition, sale or other operations with Kaira NFTs or tokens, and the fact of the provision of the Kaira Documents doesn’t form the basis or should not be relied upon in matters related to the conclusion of contracts or acceptance investment decisions. The Kaira Documents do not oblige anyone to enter into any contract, to take legal obligations with respect to the sale or purchase of Kaira NFTs or tokens, and to accept any cryptocurrency or other form of payment.
Potential owners of Kaira NFTs or Tokens are advised to contact relevant independent professional advisors, on the above matters. Certain statements, estimates and financial information contained herein constitute forward looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. Further, all examples of calculation of income and profits used in Kaira Documents were provided only for demonstration purposes or for demonstrating the industry’s averages.
For avoidance of doubt, nothing contained in the Kaira Documents and in the Services of Kaira Platform/Website is or may be relied upon as a guarantee, promise, representation or undertaking as to the future performance of Kaira and/or NFTs or tokens, and/or promise or guarantee of future profit resulting from purchase of NFTs or tokens. Kaira NFTs or Tokens cannot be used for any purposes other than as provided in the Kaira Documents, including but not limited to, any investment, speculative or other financial purposes. Kaira NFTs or Tokens confer no other rights in any form, including but not limited to any ownership, distribution (including, but not limited to, profit), redemption, liquidation, property (including all forms of intellectual property), or other financial or legal rights, other than those specifically set forth above.