Disclaimer
General Information
The ThaneCoin does not have the legal qualification of a security, since it does not give any rights to dividends or interests. The sale of ThaneCoin is final and non-refundable. ThaneCoin are not shares and do not give any right to participate to the general meeting of Thane Property Investments Ltd.’s board of director. ThaneCoin cannot have a performance or a particular value outside the ThaneCoin Platform. ThaneCoin shall therefore not be used or purchased for speculative or investment purposes. The purchaser of ThaneCoin is aware that national securities laws, which ensure that investors are sold investments that include all the proper disclosures and are subject to regulatory scrutiny for the investors' protection, are not applicable. Anyone purchasing ThaneCoin expressly acknowledges and represents that she/he has carefully reviewed this white paper and fully understands the risks, costs and benefits associated with the purchase of ThaneCoin.
Knowledge Required
The purchaser of ThaneCoin undertakes that she/he understands and has significant experience of cryptocurrencies, Blockchain systems and services, and that she/he fully understands the risks associated with this as well as the mechanism related to the use of cryptocurrencies (incl. storage). ThaneCoin shall not be responsible for any loss of ThaneCoin or situations making it impossible to access ThaneCoin, which may result from any actions or omissions of the user or any person undertaking to acquire ThaneCoin as well as in case of hacker attacks.
Risks
Acquiring ThaneCoin and storing them involves various risks, in particular the risk that ThaneCoin may not be able to launch its operations and develop its Blockchain and provide the services promised. Therefore, and prior to acquiring ThaneCoin, any user should carefully consider the risks, costs and benefits of acquiring ThaneCoin in the context of this whitepaper and, if necessary, obtain any independent advice in this regard. Any interested person who is not in the position to accept or to understand the risks associated with the activity (incl. the risks related to the non-development of the ThaneCoin platform) or any other risks as indicated in this Terms & Conditions should not acquire ThaneCoin.
Important Disclaimer
This white paper shall not and cannot be considered as an invitation to enter into an investment. It does not constitute or relate in any way nor should it be considered as an offering of securities in any jurisdiction. This white paper does not include or contain any information or indication that might be considered as a recommendation or that might be used as a basis for any investment decision. ThaneCoin are just utility tokens which can be used only on the ThaneCoin platform and are not intended to be used as an investment.
The offering of ThaneCoin on a trading platform is done in order to allow the use of the ThaneCoin platform and not for speculative purposes. The offering of ThaneCoin tokens on a trading platform does not change the legal qualification of the tokens, which remain a simple means for the use of the ThaneCoin platform and are not a security. ThaneCoin is not to be considered as an advisor in any legal, tax or financial matters. Any information in the white paper is provided for general information purposes only and ThaneCoin does not provide any warranty as to the accuracy and completeness of this information. ThaneCoin is not a financial intermediary according to Swiss law and is not required to obtain any authorization for Anti Money Laundering purposes. Acquiring ThaneCoin shall not grant any right or influence over ThaneCoin’s organization and governance to the Purchasers. Regulatory authorities are carefully scrutinizing businesses and operations associated to cryptocurrencies in the world. In that respect, regulatory measures, investigations or actions may impact ThaneCoin’s business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire ThaneCoin must be aware of the ThaneCoin business model, the white paper or terms and conditions may change or need to be modified because of new regulatory and compliance requirements from any applicable laws in any jurisdictions. In such a case, purchasers and anyone undertaking to acquire ThaneCoin acknowledge and understand that neither ThaneCoin nor any of its affiliates shall be held liable for any direct or indirect loss or damage caused by such changes. ThaneCoin will do its utmost to launch its operations and develop the ThaneCoin platform. Anyone undertaking to acquire ThaneCoin acknowledges and understands that ThaneCoin does not provide any guarantee that it will manage to achieve it. They acknowledge and understand therefore that ThaneCoin (incl. its bodies and employees) assumes no liability or responsibility for any loss or damage that would result from or relate to the incapacity to use ThaneCoin, except in case of intentional misconduct or gross negligence.
Representation And Warranties
By participating, the purchaser agrees to the above and in particular, they represent and warrant that they:
Have read carefully the terms and conditions attached to the white paper; agree to their full contents and accept to be legally bound by them;
Are authorized and have full power to purchase ThaneCoin according to the laws that apply in their jurisdiction of domicile;
Live in a jurisdiction which allows ThaneCoin to sell ThaneCoin through a without requiring any local authorization;
Are familiar with all related regulations in the specific jurisdiction in which they are based and that purchasing cryptographic coins in that jurisdiction is not prohibited, restricted or subject to additional conditions of any kind;
Will not use ThaneCoin for any illegal activity, including but not limited to money laundering and the financing of terrorism;
Have sufficient knowledge about the nature of the cryptographic coins and have significant experience with, and functional understanding of, the usage and intricacies of dealing with cryptographic coins and currencies and Blockchain-based systems and services;
Purchase ThaneCoin because they wish to have access to the ThaneCoin platform;
Forward Looking Statements
All statements contained in this White paper, statements made in press releases or in any place accessible by the public and oral statements that may be made by ThaneCoin or their respective directors, advisors, executive officers or employees acting on behalf of ThaneCoin, 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 ThaneCoin financial position, business strategies, plans and prospects and the future prospects of the industry which ThaneCoin is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to ThaneCoin’s revenue and profitability, prospects, future plans, other expected industry trends and other matters discussed in this White Paper regarding ThaneCoin are matters that are not historic facts, but only predictions. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of ThaneCoin 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 political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in ThaneCoin conducts its respective operations;
The risk that ThaneCoin may be unable or execute or implement their respective 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 ThaneCoin;
Changes in the availability and fees payable to ThaneCoin in connection with their respective businesses and operations;
Changes in the availability and salaries of employees who are required by ThaneCoin to operate their respective businesses and operations;
Changes in preferences of participants of ThaneCoin;
changes in the future capital needs of ThaneCoin 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 that affect operations of ThaneCoin;
Other factors beyond the control of ThaneCoin; and
Any risk and uncertainties associated with ThaneCoin and its businesses and operations, including the tokens.
Last updated