Legal Notices & Warnings

PLEASE READ THE ENTIRETY OF THIS “NOTICE AND 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 POOLS CHAIN STIFTUNG (POOLS MOBILITY FOUNDATION) (THE FOUNDATION), ANY OF THE PROJECT TEAM MEMBERS (THE POOLS CHAIN TEAM) WHO HAVE WORKED ON THE POOLS CHAIN (AS DEFINED HEREIN) OR PROJECT TO DEVELOP THE POOLS CHAIN IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR/VENDOR OF POOLS 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 THIS DOCUMENT, THE WEBSITE AT https://www.poolschain.org/ (THE WEBSITE) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE FOUNDATION.

No financial or investment advice

This whitepaper does not constitute any investment advice, financial advice, trading advice or recommendation by Pools Chain, its affiliates, or its respective officers, directors, managers, employees, agents, advisors, or consultants on the merits of purchasing any Pools-supported tokens or interacting with any protocols available via the Pools network nor should it be relied upon in connection with any other contract or purchasing decision.

Not a sale of security

This whitepaper does not constitute a prospectus or financial service offering document and is not an offer to sell or solicitation of an offer to buy any security, investment products, regulated products, or financial instruments in any jurisdiction.

No representations or warranties

No representations or warranties have been made to the recipient of this whitepaper or its advisers as to the accuracy or completeness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this whitepaper or any omission from this document or of any other written or oral information or opinions provided now or in the future to any interested party or their advisers. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects, including with respect to the functioning or development of the Pools network or any applications thereof, and nothing in this document is or should be relied upon as a promise or representation as to the future. To the fullest extent possible, all liability for any loss or damage of whatsoever kind (whether foreseeable or not and whether or not Pools Chain has been advised of the possibility of such loss or damage) which may arise from any person acting on any information and opinions contained in this whitepaper or any information which is made available in connection with any further enquiries, notwithstanding any negligence, default or lack of care, is disclaimed.

Third party data

This whitepaper may contain data and references obtained from third party sources. Whilst the management believes that these data are accurate and reliable, they have not been subject to independent audit, verification, or analysis by any professional legal, accounting, engineering, or financial advisors. There is no assurance as to the accuracy, reliability or completeness of the data.

Translations

This whitepaper and related materials are issued in English. Any translation is for reference purposes only and is not certified by any person. No assurance can be made as to the accuracy and completeness of any translations. If there is any inconsistency between a translation and the English version of this whitepaper, the English version shall prevail.

Views of Pools Chain

The views and opinions expressed in this whitepaper are those of Pools Chain and do not reflect the official policy or position of any government, quasi-government, authority or public body (including but not limited to any regulatory body or self-regulatory body) in any jurisdiction. This whitepaper has not been reviewed by any regulatory authority.

Third party references

References in this whitepaper to specific companies, networks, protocols, technologies, and/or potential use cases are for illustrative purposes only. The use of any company and/or platform names and trademarks does not imply any affiliation with, or recommendation or endorsement of/by, any of those parties. All references to ‘dollars’, USD or ‘$’ are references to the United States Dollars unless otherwise stated.

Graphics

All graphics included in this whitepaper are for illustrative purposes only. In particular, graphics with price references do not translate into actual pricing information.

Risk statements

Purchasing Pools-supported tokens or interacting with Pools-supported applications or protocols involves substantial risk and may lead to a loss of a substantial or entire amount of the money involved. Prior to purchasing Pools-supported tokens or interacting with Pools-supported applications or protocols, you should carefully assess and take into account the risks, including those listed in any other documentation. A purchaser should not purchase Pools-supported tokens for speculative or investment purposes. Purchasers should only purchase Pools-supported tokens if they fully understand the nature of the Pools-supported tokens and accept the risks inherent to such tokens, their relevant applications and protocols, and the Pools network itself.

Cryptographic

Tokens may be subject to expropriation and/or theft; hackers or other malicious groups or organizations may attempt to interfere with the Pools network or relevant applications or protocols in various ways, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing which may result in the loss of your cryptographic tokens or the loss of your ability to access or control your cryptographic tokens. In such event, there may be no remedy, and holders of cryptographic tokens are not guaranteed any remedy, refund, or compensation.

The regulatory status of cryptographic tokens and digital assets is currently unsettled, varies among jurisdictions and is subject to significant uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to cryptographic tokens, digital assets, blockchain technology, or blockchain applications may be implemented which may directly or indirectly affect or restrict cryptographic token holders’ right to acquire, own, hold, sell, convert, trade, or use cryptographic tokens.

The uncertainty in tax legislation relating to cryptographic tokens and digital assets may expose cryptographic token holders to tax consequences associated with the use or trading of cryptographic tokens.

Digital assets and related products and services carry significant risks. Potential purchasers should take into account all of the above and assess the nature of, and their own appetite for, relevant risks independently and consult their advisers before making any decisions.

Professional advice

You should consult a lawyer, accountant, tax professional and/or any other professional advisors as necessary prior to determining whether to purchase Pools-supported tokens or operate applications on top of the Pools network.

Caution Regarding Forward-Looking Statements

This whitepaper contains certain forward-looking statements regarding the business we operate that are based on the belief of Pools Chain as well as certain assumptions made by and information available to Pools Chain. We do not purport to make any statements with respect to the conduct or operations of any third parties whose actions (including commercial activity) may affect the Pools network. Forward-looking statements, by their nature, are subject to significant risks and uncertainties. Forward-looking statements may involve estimates and assumptions and are subject to risks, uncertainties and other factors beyond our control and prediction. Accordingly, these factors could cause actual results or outcomes that differ materially from those expressed in the forward-looking statements. Any forward-looking statement speaks only as of the date of which such statement is made, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events.