When you purchase, or otherwise receive, a ALLY token, you may only do so by accepting the following conditions and, by doing so, you warrant and represent that the following are a true and accurate reflection of the basis on which you are acquiring the ALLY tokens:
Neither the Company nor any of the ALLY NETWORK TEAM has provided you with any advice regarding whether ALLY is a suitable investment for you; you have sufficient understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, such as Bitcoin and Ether, as well as blockchain-based software systems generally;
You are legally permitted to receive and hold and make use of ALLY in your and any other relevant jurisdiction;you are of a sufficient age (if an individual) to legally obtain ALLY, and you are not aware of any other legal reason to prevent you from obtaining ALLY;
You take sole responsibility for any restrictions and risks associated with receiving and holding ALLY, including but not limited to these set out in Annex ;
by acquiring ALLY, you are not making a regulated investment, as this term may be interpreted by the regulator in your jurisdiction; you are not obtaining or using ALLY for any illegal purpose, and will not use ALLY for any illegal purpose;
You waive any right you may have / obtain to participate in a class action lawsuit or a class wide arbitration against any entity or individual involved with the sale of ALLY;
AcquisitionYour acquisition of ALLY not involve your purchase or receipt of shares, ownership or any equivalent in any existing or future public or private company, corporation or other entity in any jurisdiction; to the extent permitted by law and provided we act in good faith, the Company makes no warranty whatsoever, either expressed or implied, regarding the future success of ALLY and/or the Ethereum Network; you accept that ALLY is created and you obtain ALLY on an “as is” and “under development” basis.
Therefore, provided the Company acts in good faith, you accept that the Company is providing ALLY without being able to provide any warranties in relation to ALLY, including, but not limited to, title, merchantability or fitness for a particular purpose; you accept that you bear sole responsibility for determining if:
- i: The acquisition, the allocation, use or ownership of ALLY
- ii: The potential appreciation or depreciation in the value of ALLY over time, if any,
- iii: The sale and purchase of ALLY; and/or
- iv: Any other action or transaction related to ALLY has tax implications.