PLEASE READ THE ENTIRETY OF THIS "LEGAL DISCLAIMER" SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER YOOLDO LTD (THE COMPANY), ANY OF THE PROJECT TEAM MEMBERS (THE YOOLDO TEAM) WHO HAVE WORKED ON THE YOOLDO PLATFORM (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE YOOLDO PLATFORM IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR/VENDOR OF $YOOL TOKENS (THE DISTRIBUTOR), NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THE PAPER, DECK OR MATERIAL RELATING TO $YOOL (THE TOKEN DOCUMENTATION) AVAILABLE ON THE WEBSITE AT HTTPS://CYBERGALZNFT.COM/ (THE WEBSITE, INCLUDING ANY SUB-DOMAINS THEREON) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY.
This whitepaper is intended to provide information about business models, technologies and teams to those interested in the Yooldo platform and its tokens YOOL (collectively, "Yooldo Tokens")]. This whitepaper is based on the status at the time of the writing (As-is) and whether that the Yooldo team is correct or appropriate for any content, including the conclusion, schedule, and performance of the project as it appears in the roadmap for the future is not guaranteed. This whitepaper may change under the policies and decisions of the Yooldo team, and the final version shall take precedence over any changes.
The information or analysis in this whitepaper does not contain any recommendations to encourage you to participate in this project. This whitepaper is not an investment advisory nor a document to recommend an investment in securities or financial products. In addition to the information contained in this whitepaper, we recommend that you seek a specialist's advice to ascertain any risk assessment, application of applicable laws or taxation.
You are solely responsible for any damages, losses, and expenses resulting from the decisions you make in references to or use this whitepaper. The Yooldo team does not assume any responsibility for such decisions or actions.
This whitepaper contains information about third parties and publications. The Yooldo team makes no warranty as to the accuracy or completeness of such information and assumes no obligation to update, modify, or alter this whitepaper, even if such information changes.
This whitepaper is not reviewed or approved by regulatory authorities, nor does the publication, distribution, or dissemination of this whitepaper signify that this whitepaper complies with all applicable laws and regulations. In some cases, the publication, distribution, and dissemination of this whitepaper may be prohibited or restricted by applicable laws and regulations. Moreover, regulatory authorities may restrict the sale, possession, use, and retention of Yooldo Tokens, and these regulatory actions may affect the sale and use of Yooldo Tokens.
Yooldo Tokens have no other purposes other than their use in the Yooldo platform outlined in this whitepaper, and their value and functionality are not guaranteed. Yooldo Tokens are not securities or investment products. The ownership of Yooldo Tokens is not to be constructed as a right to claim any distribution or repayment of profits, etc., to the Yooldo team, nor shall it be constructed as having any intellectual property rights. $YOOL are designed to be utilised, and that is the goal of the $YOOL distribution. In particular, it is highlighted that $YOOL: (a) does not have any tangible or physical manifestation, and does not have any intrinsic value (nor does any person make any representation or give any commitment as to its value); (b) is non-refundable and cannot be exchanged for cash (or its equivalent value in any other digital asset) or any payment obligation by the Company, the Distributor or any of their respective affiliates; (c) does not represent or confer on the token holder any right of any form with respect to the Company, the Distributor (or any of their respective affiliates), or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or licence rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the Yooldo platform, the Company, the Distributor and/or their service providers; (d) is not intended to represent any 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; (e) is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme or any other kind of financial instrument or investment; (f) is not a loan to the Company, the Distributor or any of their respective affiliates, is not intended to represent a debt owed by the Company, the Distributor or any of their respective affiliates, and there is no expectation of profit; and (g) does not provide the token holder with any ownership or other interest in the Company, the Distributor or any of their respective affiliates.
Notwithstanding the $YOOL distribution, users have no economic or legal right over or beneficial interest in the assets of the Company, the Distributor, or any of their affiliates after the token distribution.
To the extent a secondary market or exchange for trading $YOOL does develop, it would be run and operated wholly independently of the Company, the Distributor, the distribution of $YOOL and the Yooldo platform. Neither the Company nor the Distributor will create such secondary markets nor will either entity act as an exchange for $YOOL.
Purchasing tokens involves significant risk. You may lose all or a substantial portion of the funds used to purchase the tokens, and the Yooldo team makes no warranties regarding the purchase price or the value of the Yooldo Tokens. When you refer to this whitepaper to purchase Yooldo Tokens, be sure to understand and accept these risks.
Deemed Representations and Warranties
By accessing the Token Documentation or the Website (or any part thereof), you shall be deemed to represent and warrant to the Company, the Distributor, their respective affiliates, and the Yooldo team as follows: (a) in any decision to acquire any $YOOL, you have not relied on and shall not rely on any statement set out in the Token Documentation or the Website; (b) you will and shall at your own expense ensure compliance with all laws, regulatory requirements and restrictions applicable to you (as the case may be); (c) you acknowledge, understand and agree that $YOOL may have no value, there is no guarantee or representation of value or liquidity for $YOOL, and $YOOL is not an investment product nor is it intended for any speculative investment whatsoever; (d) none of the Company, the Distributor, their respective affiliates, and/or the Yooldo team members shall be responsible for or liable for the value of $YOOL, the transferability and/or liquidity of $YOOL and/or the availability of any market for $YOOL through third parties or otherwise; and (e) you acknowledge, understand and agree that you are not eligible to participate in the distribution of $YOOL if you are a citizen, national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i) where it is likely that the distribution of $YOOL 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 United States of America, Canada, and the People's Republic of China); and to this effect you agree to provide all such identity verification document when requested in order for the relevant checks to be carried out.
The Company, the Distributor and the Yooldo team do not and do not purport to make, and hereby disclaims, all representations, warranties or undertaking to any entity or person (including without limitation warranties as to the accuracy, completeness, timeliness, or reliability of the contents of the Token Documentation or the Website, or any other materials published by the Company or the Distributor). To the maximum extent permitted by law, the Company, the Distributor, their respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including, without limitation, any liability arising from default or negligence on the part of any of them, or any loss of revenue, income or profits, and loss of use or data) arising from the use of the Token Documentation or the Website, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same. Prospective acquirors of $YOOL should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the distribution of $YOOL, the Company, the Distributor and the Yooldo team.
Exclusion of Liability
The information in this whitepaper may be translated into other languages from time to time or used in the communication process with multiple participants. We acknowledge that there may be changes or misinterpretations in the course of such translation or communication. Since the Korean whitepaper on the homepage has the highest overriding effect, it is your responsibility to verify the whitepaper with the highest priority.
The Yooldo team notices and explains the risks as follows. The Yooldo team does not make any representations or warranties concerning any of the following risks described by the Yooldo team. The risks below are entirely bone by Yooldo Token buyers and participants in the Yooldo platform.
Warnings about Future-forecasting Statements
This whitepaper contains information about plans and practices ("Future Plans") at this time. These plans are expressed with words and phrases such as "can", "will do", "expect", "anticipate", "goal", "predictions", "intend", "plan", "look for", "believe", "potential", "continue", "it will be there", and these words were used based on the assumptions and analysis that are considered reasonable in light of the Yooldo team's experience, current situation, the anticipation of future developments and other factors. However, there are risks and uncertainties in the contest, and the actual results and outcomes of the Yooldo project may be different from plans.
Before deciding to purchase and participate in Yooldo Tokens, we strongly encourage you to carefully read and understand the elements and risks involved. Risks include but are not limited to: Tokens or coins are closely scrutinised by various regulatory agencies around the world, including the SEC, and Yooldo Tokens may be considered as securities in many countries, including the United States. In this case, the terms of the securities law may limit the possession of more than a certain amount of Yooldo Tokens, transfer of Yooldo Tokens may be restricted, certain conditions may be added for selling Yooldo Tokens and other related Business that facilitate exchange or transfer may be restricted.
You may lose your Yooldo Tokens due to the loss of your private key to your digital wallet. If access to the private key is not possible due to loss, destruction or damage of the private key, the holder may not have access to the blockchain-based digital assets, such as the Yooldo Token, and the Yooldo team cannot restore it.
Smart contract technology is still in its early stages of development, and its application involves significant risks associated with operational, technical, regulatory, and financial factors. A smart contract may not be suitable for the original purpose, and deficiencies, vulnerabilities, or other issues that may be inherent in the smart contract may cause technical problems or loss of Yooldo tokens.
Potential participants, such as individuals and companies, may choose not to participate in Yooldos or use Yooldo Tokens after launch. Their awareness of such coins/tokens and their potential use may not be high. Also, Yooldos may not be operational. In such cases, the value of Yooldo Tokens, etc., can be significantly reduced or lost.
The Yooldo function includes the storage and transmission of personal information of participants, and it is exposed to the risk of leakage of personal information due to security problems caused by various methods, such as cyber terrorism. Although the Yooldo team will take various security measures, like preventing unauthorised access to the database, privacy violations could still occur for several reasons. This can result in legal and financial loss, loss of confidence, such as a decline in the reputation of Yooldo Tokens and may have a negative impact on Yooldo project.
The risk of government regulation on blockchain-related industries is increasing. Depending on whether the government is regulating the blockchain industry and the level of government regulation, the Business of these companies may be significantly affected, directly or indirectly. The Yooldo team strives to comply with relevant laws and regulations and ensure stable operation within limits permitted by law to ensure the sound development of blockchain technology.