Litepaper Legal Disclaimer
Please read the entirety of this “litepaper 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. Reference in this Litepaper Legal Disclaimer will be made to the “Website”, being the SolStreet website and any sub-domains thereon (available at https://solstreet.finance/ but excluding the “Docs” page). Reference herein will also be made to the Token Documentation, being the litepaper, roadmap, FAQ and tutorials (available at https://docs.solstreet.finance/solstreet/ but excluding the section under “Legal”) and any other websites or materials published by the Company.
Neither SolStreet Inc (the Company), any of the project team members (the SolStreet team) who have worked on SolStreet (as defined herein) or in any way whatsoever, any distributor/vendor of STRT tokens and Wolfies (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 Website or the Token Documentation.
Project purpose: You agree that you are acquiring STRT and Wolfies to participate in SolStreet and to obtain services on the ecosystem thereon. The Company, the Distributor, their respective affiliates and third-party contributors would develop and contribute to the underlying source code for SolStreet. The Company is acting solely as an arms’ length third party in relation to the distribution of STRT and Wolfies, and not in the capacity as a financial advisor or fiduciary of any person with regard to the distribution of STRT and Wolfies.
Nature of the Token Documentation: The Token Documentation is a conceptual paper that articulates some of the main design principles and ideas for the SolStreet protocol, as well as for the creation of digital tokens to be known as STRT and Wolfies. The Token Documentation and the Website are intended for general informational purposes only and do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, any offer to sell any product, item, or asset (whether digital or otherwise), or any offer to engage in business with any external individual or entity provided in said documentation. The information herein may not be exhaustive and does not imply any element of, or solicit in any way, a contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information. Where the Token Documentation or the Website includes information that has been obtained from third-party sources, the Company, the Distributor, their respective affiliates and/or the SolStreet team have not independently verified the accuracy or completeness of such information. Further, you acknowledge that circumstances may change and that the Token Documentation or the Website may become outdated as a result; and neither the Company nor the Distributor is under any obligation to update or correct this document in connection therewith.
Token Documentation: Nothing in the Token Documentation or the Website constitutes any offer by the Company, the Distributor, or the SolStreet team to sell any STRT and/or Wolfies. Nothing contained in the Token Documentation or the Website is or may be relied upon as a promise, representation or undertaking as to the future performance of SolStreet.
The information set out in the Token Documentation, and the Website is for community discussion only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition of STRT and Wolfies, and no digital asset or other form of payment is to be accepted on the basis of the Token Documentation or the Website.
The terms and conditions for STRT and Wolfies Tokens acquired from the Company, or as subsequently acquired from third parties, (as the case may be) are set out in a separate set of Token Sale Agreement (in cases where the holder acquired the STRT in question by means of a private sale agreement - mentioning the holder of the relevant STRT by name), alternatively in a document called the Token Terms and Conditions (in all other cases, including but not limited to where STRT or Wolfies are acquired from third parties) published at https://docs.solstreet.finance/solstreet/. The Token Sale Agreement and the Token Terms and Conditions (as the case may be) must be read together with the Token Documentation. In the event of any inconsistencies between the Token Documentation (on the one hand), and the Token Sale Agreement or the Token Terms and Conditions (on the other hand), the Token Sale Agreement and the Token Terms and Conditions (as the case may be) shall prevail.
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 SolStreet team as follows:
(a) in any decision to acquire any STRT and/or Wolfies, 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 STRT and/or Wolfies may have no value, there is no guarantee or representation of value or liquidity for STRT and/or Wolfies, and STRT and/or Wolfies 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 SolStreet team members shall be responsible for or liable for the value of STRT and/or Wolfies, the transferability and/or liquidity of STRT and/or Wolfies and/or the availability of any market for STRT and/or Wolfies through third parties or otherwise; and
(e) you acknowledge, understand and agree that you are not eligible to participate in the distribution of STRT and/or Wolfies 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 STRT and/or Wolfies 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 documents when requested in order for the relevant checks to be carried out.
The Company, the Distributor and the SolStreet team 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 STRT and/or Wolfies should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the distribution of STRT and/or Wolfies, the Company, the Distributor and the SolStreet team.
STRT Token: STRT and/or Wolfies are designed to be utilised, and that is the goal of the STRT and/or Wolfies distribution. In particular, it is highlighted that STRT and/or Wolfies:
(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 their 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 SolStreet, 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 STRT and/or Wolfies 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 STRT and/or Wolfies does develop, it would be run and operated wholly independently of the Company, the Distributor, the distribution of STRT and/or Wolfies and SolStreet. Neither the Company nor the Distributor will create such secondary markets nor will either entity act as an exchange for STRT and/or Wolfies.
Informational purposes only: The information set out in the Token Documentation and Website is only conceptual, and describes the future development goals for SolStreet to be developed. In particular, the project roadmap in the Token Documentation is being shared in order to outline some of the plans of the SolStreet team, and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in deciding whether to participate in the token distribution because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the Company, the Distributor or their respective affiliates, and is subject to change. Further, the Token Documentation or the Website may be amended or replaced from time to time. There are no obligations to update the Token Documentation or the Website, or to provide recipients with access to any information beyond what is provided herein.
Regulatory approval: No regulatory authority has examined or approved, whether formally or informally, any of the information set out in the Token Documentation or the Website. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Token Documentation or the Website does not imply that the applicable laws, regulatory requirements or rules have been complied with.
Cautionary Note on forward-looking statements: All statements contained herein, statements made in press releases or in any place accessible by the public and oral statements that may be made by the Company, the Distributor and/or the SolStreet team, may constitute forward-looking statements (including statements regarding the intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices). You are cautioned not to place undue reliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results to be materially different from that described by such forward-looking statements, and no independent third party has reviewed the reasonableness of any such statements or assumptions. These forward-looking statements are applicable only as of the date indicated in the Token Documentation, and the Company, the Distributor, as well as the SolStreet team, expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward-looking statements to reflect events after such date.
References to companies and platforms: The use of any company and/or platform names or trademarks herein (save for those which relate to the Company, the Distributor or their respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Token Documentation or the Website to specific companies and platforms are for illustrative purposes only.
English language: The Token Documentation and the Website may be translated into a language other than English for reference purpose only and, in the event of conflict or ambiguity between the English language version and translated versions of the Token Documentation or the Website, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Token Documentation and the Website.
No Distribution: No part of the Token Documentation or the Website is to be copied, reproduced, distributed or disseminated in any way without the prior written consent of the Company or the Distributor. By attending any presentation on this Token Documentation or by accepting any hard or soft copy of the Token Documentation, you agree to be bound by the foregoing limitations.