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description: This Whitepaper is not a Prospectus
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# Disclaimer

PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). THIS WHITEPAPER IS FOR INFORMATION PURPOSES ONLY AND MAY BE SUBJECT TO CHANGE.

This Whitepaper contains forward-looking statements or information (“forward-looking statements”) that relate to PapaExchange’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause Project’s actual situation and results to differ materially from those indicated in these statements.

Therefore, we reserve any potential further comment or consideration arising from new case law, regulation or facts which may impact the Project as represented in this white paper as well as the evolution of applicable laws and regulations and of the market.

The information set forth in this Whitepaper may not be exhaustive and does not imply any elements of a contractual relationship. While PapaExchange makes every effort to ensure that any material in this Whitepaper is accurate and up to date, such material in no way constitutes the provision of professional advice. PapaExchange does not guarantee, and accepts no legal liability whatsoever arising from, or connected to, the accuracy, reliability, currency, or completeness of any material contained in this Whitepaper. Potential Papa Token holders should seek appropriate independent professional advice prior to relying on or entering into any commitment or transaction based on material published in this Whitepaper, which material is purely published for reference purposes alone.

Papa Tokens and any other token mentioned in this Whitepaper are not to be intended to constitute securities in any jurisdiction. Papa Tokens and any other token mentioned in this Whitepaper do not confer direct or indirect right to PapaExchange capital, income or assets, nor do they confer any governance right within PapaExchange and associated companies. This Whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.

PapaExchange does not provide any opinion on any advice to purchase, sell, or otherwise transact with Papa Tokens and any other token mentioned in this Whitepaper and the fact of presentation of this Whitepaper will not form the basis of, or be relied upon in connection with, any contract or purchase decision. No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of PAPA Tokens and any other token mentioned in this Whitepaper, and no cryptocurrency or other forms of payment is to be accepted on the basis of this Whitepaper.

PapaExchange does not guarantee the accuracy of the statements made or conclusions reached in this Whitepaper. PapaExchange does not make and expressly disclaims all representations and warranties (whether expressed or implied) whatsoever, including but not limited to:

* any representations or warranties relating to merchantability, fitness for a particular purpose, description, suitability or non-infringement;&#x20;
* that such contents do not infringe any third party rights.&#x20;

No information in this White Paper is to be considered as legal, financial, business or tax advice and you should consult your own legal, financial, tax or other professional adviser before entering in any activity. To the extent legally permissible, any liability of the PapaExchange, employees of such, any parent, subsidiary and/or affiliate company of the PapaExchange and/or any third-party service provider for any direct or indirect damages or losses which you may suffer or incur in connection with this White Paper and the reliance on any information provided herein are excluded.&#x20;

IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). THIS WHITEPAPER IS FOR INFORMATION PURPOSES ONLY AND MAY BE SUBJECT TO CHANGE.
