Neither Wifi Dabba Inc (the ‘”Company”) nor any of its affiliates (together with the Company, the “Group”) makes any warranty whatsoever (express or implied) with respect to the Dabba network, any Dabba hardware devices, or any Dabba Token, including, without limitation, any:
(i) warranty that any Dabba Token will be issued,
(ii) warranty of merchantability;
(iii) warranty of fitness for a particular purpose;
(iv) warranty of title; or
(v) warranty against infringement of intellectual property rights of a third party, whether arising by operation of law, course of dealing, course of performance, usage of trade, or otherwise except as expressly set forth in writing between the Company and any recipient of Dabba Token, it is a condition of you receiving and retaining this White Paper that you warrant to the Group, its managers, directors, affiliates and its officers that you have not relied upon any warranty made by the Group, or any party within the Group, or any other person on the Group’s behalf.
The information in this White Paper is subject to change or update and should not be construed as a commitment, promise or guarantee by the Company, the Group or any other individual or organization mentioned in this White Paper relating to the future availability of services related to the Dabba network or the use of DBT Token or their respective future performance or value. The Group expressly disclaims any and all responsibility for any loss or damage of any kind whatsoever, including but not limited to direct or consequential damages, arising directly or indirectly from reliance on any information contained in this White Paper, any error, omission or inaccuracy in any such information or any action resulting therefrom.
ANTI-MONEY LAUNDERING AND KNOW-YOUR-CUSTOMER REQUIREMENTS
Any recipients of Dabba Token may be required to comply with the Company’s anti-money laundering and know-your-customer requirements.
IMPORTANT INFORMATION: DISCLAIMERS AND CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This White Paper is being furnished solely for informational purposes. This White Paper does not constitute an offer to sell, or solicitation of an offer to buy, securities of any kind nor is it any way to be construed that Dabba Token may be deemed to be securities. This White Paper includes certain forward-looking statements and projections, which involve substantial risks and uncertainties. Forward-looking statements and projections may be identified by statements of a future date or the words “may,” “will,” “would,” “potential,” “expect,” “intend,” “ anticipate,” “believe,” “go-to-market,” “objective,” “seek,” “project” or similar expressions, words and phrases, including the negatives of these terms, or other variations of these terms, that denote future events. Forward-looking statements in this White Paper may include, without limitation, statements about the strategy, future operations, prospects and plans of the Company and the Dabba network, the size of the markets in which the Company or Dabba network operates or will operate, the potential future capabilities and scale of the Dabba network and its related technologies, monetization models, payments and rewards programs and Dabba network infrastructure. No representations or warranties are made by the Company or any of its affiliates or advisors as to the accuracy of any such statements or projections or with respect to any other materials contained herein. Whether or not any such forward-looking statements or projections are in fact achieved will depend upon future events and are subject to significant business, economic and competitive risks, many of which are not within the control of the Company and no assurances are being made with respect thereto. Such risks include, without limitation,
(i) the risk that there are no guarantees that Dabba Token will have any value, retain any value, increase in value, or receive any distributions, nor does anyone guarantee the liquidity or market price of Dabba Token to any extent at any time; in fact, it is expected that Dabba Token will not have any cash value
(ii) purchasers or recipients of Dabba Token may not be able to obtain all of the information they want regarding Dabba Token, the Dabba network or the Company, on a timely basis or at all;
(iii) holders of Dabba Token will not have any voting rights in respect of the Dabba network or the Company;
(iv) regulation of digital assets (including tokens) and offerings of digital assets are currently undeveloped and likely to rapidly evolve, and vary significantly among non-U.S. and U.S. federal, state and local jurisdictions and are subject to significant uncertainty and could have a material adverse effect on the Company and the Dabba network;
(v) the Company, the Dabba network and third parties on which the Dabba network relies are operating in a regulated sphere, and as the Dabba network expands, additional regulatory approvals may be required. To the extent these are not able to be obtained, or any regulatory approvals that are obtained are then revoked or limited, this could impact the services provided by the Dabba network and have a material adverse effect on the Company and the Dabba network;
(vi) the Company and the Dabba network are developing technology in a highly competitive industry; it is possible that competitive networks could be established or developed that attempt to implement services that are materially similar to or otherwise in competition with those offered by the Company and the Dabba network may be forced to compete with these competitive networks, which could adversely impact the Company and the Dabba network;
(vii) any breach of data security that exposes or compromises the security of the Dabba network could have a material adverse effect on the Dabba;
(viii) network outages or service or product failures that could lead end users to use competitors’ services and products;
(ix) the ability of the Company to develop, test and validate its technology and the network infrastructure for the Dabba network;
(x) investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings;
(xi) and the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date the statement was made. Actual results may vary from the anticipated results and such variations may be material. The Company and its affiliates expressly disclaim any obligation to update or alter any forward-looking statements, whether as a result of new information or otherwise, except as required by laws. Statements contained herein describing documents and agreements are summaries only and such summaries are qualified in their entirety by reference to such documents and agreements.
In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this White Paper, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and you are cautioned not to unduly rely upon these statements.