DEXG tokens are not intended to constitute securities in any jurisdiction. The white paper and official website do not constitute a prospectus or offer document of any sort, and is not intended to constitute an offer of securities or a solicitation for investments in securities in any jurisdiction.
The Flowchain Foundation Limited ("Company") disclaims any and all responsibility and liability to any person for any loss or damage whatsoever arising directly or indirectly from (1) reliance on any information contained in this white paper, (2) any error, omission or inaccuracy in any such information, or (3) any action resulting therefrom.
The value of DEXG tokens is currently very volatile. The Company does not have any means of stabilizing the token value, please buy at your own risk. Unlike bank accounts or accounts at some other financial institutions, DEXG are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you. Because DEXG are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the platform or DEXG. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the DEXG and the platform, including the utility of the DEXG for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.
As stated above, the DEXG token is not intended for investment, and it is a functional token of the DEXG ecosystem. Therefore, when the purchasers or sellers ("Investors") purchased DEXG from the secondary market, they became a DEXG holder and a DEXG ecosystem user.
Furthermore, the DEXG has reached the fair token distribution and targeted supply of 55,000 DEXG. With this milestone reached, the Company has removed the minter and owner role from the DEXG token smart contract. As the company has no more control over the DEXG smart contract, the DEXG token is now under extensive community control. Every transaction is decided by themselves, where the company has no right to interfere. Additionally, DEXG's initial offering and the fair token distribution did not hold fundraising of any kind forms including the public sale, private sale, or ICO. Therefore, these token holders' benefits or risks have no connection with the company's success. And the mere presence of a speculative motive on the part of Investors does not evidence the existence of an "investment contract" within the meaning of the securities acts. Accordingly, in a sense, anyone who buys or sells a horse or an automobile hopes to realize a profitable "investment."
In reality, the general market for the DEXG token will be composed of two significant kinds of purchasers. The purchaser only intends to use DEXG as a utility to make transactions in the DEXG ecosystem, and some will purchase the tokens for further secondary market appreciation. In other words, the fact that a holder might purchase DEXG solely in order to sell it in the secondary market for profit does not constitute the expectations for profits from the efforts of "others."
Information provided on official website is provided “as is” without warranty of any kind, either express or implied, including without limitation warranties of merchantability, fitness for a particular purpose, or noninfringement. DEXToken Protocol periodically adds, changes, improves, updates or removes information and documents on its website without notice, and assumes no liability or responsibility for any errors or omissions in the contents of this website. YOUR USE OF THE OFFICIAL WEBSITE AND SERVICES IS AT YOUR OWN RISK.
The external websites and community's content, which is beyond our control, belongs to the author's remarks or opinions and does not represent the company's official position. Moreover, the company does not imply any suggestions or endorsement of the remarks' position and content regarding these websites and the community's content. That content is informal information, and the company reserves the right to refuse to express any views on any or all informal remarks or opinions.
Unaffiliated/unofficial/unsanctioned/fan accounts are those that have been created without the knowledge, consent or prior approval from Company. We retains the right to request that unofficial accounts clearly indicate in their bio that they are not affiliated with the Company. Subsequently, there are no official community channels, please be careful if you read any posts from a different channel having the same DEXG name.
The company reserves the right of final interpretation for the content hereinabove.