Disclaimers & Risks
PLEASE READ THIS SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S).
This litepaper is not a recommendation to buy or financial advice, It is strictly informational. Do not trade or invest in any token (non fungible tokens or otherwise), or entity based solely upon this information. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity. Investors should conduct independent due diligence, with assistance from professional financial, legal and tax experts, on topics discussed in this document and develop a stand-alone judgment of the relevant markets prior to making any investment decision.
The information set forth below may not be exhaustive and does not imply any element of a contractual relationship.
BOLT Token or any NFTs referred to in this litepaper (“NFTs”) is not intended to constitute a ‘security’ in any jurisdiction. This litepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.
We expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in the litepaper, any error, omission or inaccuracy in any such information or any action resulting therefrom.
We do not guarantee the accuracy of or the conclusions reached in this litepaper, and this litepaper is provided “as is”. This litepaper does not make and expressly disclaims all representations and warranties, express, implied, statutory or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title or non-infringement; (ii) that the contents of this litepaper are free from error; and (iii) that such contents will not infringe third-party rights.
All market prices, data and other information are not warranted as to completeness or accuracy, are based upon selected public market data, reflect prevailing conditions, and our view as of this date, all of which are accordingly subject to change without notice. The graphs, charts and other visual aids are provided for informational purposes only.
Please note that contents of this litepaper may be altered or updated at any time in future by the project’s management team. This means that we are not bound by any representations of future performance. The actual results and the performance of the BOLT Token or NFTs may differ materially from those set out in this litepaper.
Statements which includes the words ''expects'', ''intends'', ''plans'', ''believes'', ''projects'', ''anticipates'', ''will'', ''targets'', ''aims'', ''may'', ''would'', ''could'', ''continue'' and similar statements are of a future or forward-looking nature. The information contained in this document may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. No representations or warranties are made as to the accuracy of such forward-looking statements. Any projections, forecasts and estimates contained in this document are necessarily speculative in nature and are based upon certain assumptions. These forward-looking statements may turn out to be incorrect and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, most of which may be beyond our control. It can be expected that some or all of such forward-looking assumptions will not materialize or will vary significantly from actual results.
There is a risk that the development of the Legends of Ludo may not be executed or implemented as planned, for a variety of reasons, including without limitation the event of a decline in the prices of any digital asset, unforeseen regulatory difficulties, unforeseen technical difficulties, etc.
The BOLT Token or NFTs referred to in this litepaper has not been registered, approved, or disapproved by any other regulatory authority nor have any authorities examined or approved the characteristics or the economic realities of any potential token sale or the accuracy or the adequacy of the information contained in this litepaper under the securities laws of any other jurisdiction.
It is the responsibility of any purchaser or acquirer of BOLT Token or NFTs to inform themselves of, and to observe and comply with, all applicable laws and regulations of any relevant jurisdiction.
The challenges and risks are identified by us as of the date of this litepaper. Prospective purchasers/acquirers of any BOLT Token/NFTs are expected to consider the risk factors identified in this litepaper. If any of the indicated risks were to materialize, then they could have a negative impact on our finances and operational performance which can hinder our ability to fulfill our obligations under this litepaper.
The information in this litepaper is subject to change or update and should not be construed as a commitment, promise or guarantee by us relating to the future availability of services related to the use of the tokens or to their future performance or value. We operate in an emerging and disruptive industry that is under rapid and dynamic development. Specifically, in relation to public knowledge and understanding of emerging technologies, such distributed ledger technologies, smart contracts and other innovative technology arrangements, are still limited as at the date of registration of this litepaper. The legal and regulatory risks arising out of such may not be fully comprehended as of yet and new additional risks may arise in the future.
Some of the risks include, but are not limited to, cyber-attacks, or other unauthorized use of data, and other malicious interferences. Certain parts of the infrastructure may be outsourced to third parties. In such cases, we may be reliant on technology arrangements developed by such third parties for the running of our undertaking, and are exposed to the risk of failures in such technology arrangements.
We are subject to various laws, and are at risk in relation to changes in the laws and the timing and effects of changes in the respective legislation. This includes changes in the interpretation thereof which cannot be predicted by us.
It may become impossible or difficult to trade BOLT Token/NFTs or trading may need to occur at an extremely adverse price due to token market trends or trading volumes.
BOLT Token uses the Polygon blockchain. The number of transactions on the Polygon network is growing daily, and therefore, an increase in the number of BOLT Token transactions/NFTs beyond Polygon’s processing capacity could cause delays in the network and possible disadvantages for users.
The value or utility of BOLT Token/NFTs is not guaranteed and could fluctuate greatly depending on restrictions under applicable laws and regulations, token market trends, political and geographical factors, technological factors, natural disasters, wars, and various other factors. Furthermore, BOLT Token holders/NFTs do not retain the right to receive dividends or the right to receive a distribution of profits. Besides that, BOLT Token holders have no right or title to claim repayment of the funds transferred in connection with any potential private or public BOLT Token offering.
There is no guarantee that the BOLT Token/NFTs will meet the expectations of the BOLT Token/NFTs holders. In addition, as orders or notifications issued by regulatory authorities or other official bodies relating to new functions could be received, it may not be possible to receive the registration or approval required by applicable laws and regulations, or other unforeseen events may also occur. This could mean a change in the service relating to the execution of new functions or other processes.
Restrictions on the BOLT Token/NFTs, restrictions on its ownership or trading, or increased taxation due to any changes in restrictions under the relevant country’s laws and regulations, tax system, or other policies could cause BOLT Token/NFTs purchasers/acquirers unforeseen losses.
Citizens, residents, nationals, domiciliary, green card holders of a geographic area or country are not eligible to participate in the distribution/acquisition of BOLT Token through any means, (i) where it is likely that the distribution of BOLT Token/NFTs would be construed as the sale of a security (howsoever named), financial service or investment product and/or (ii) where participation in token distributions is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation the People's Republic of China) and/or (iii), where such geographic area comprises of the United States of America, Canada, U.S. Virgin Islands, North Korea, Afghanistan, Pakistan, Iran, United Arab Emirates, Sudan, Syria, Yemen, Panama, Puerto Rico, Nicaragua, Iraq, American Samoa, Libya.