Certain statements contained in this white paper, including, without limitation, statements containing the words “potential,” “estimated,” “believes,” “plans,” “expects,” “anticipates,” “hopes,” “targets,” “goals,” and words of similar import, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of BlockSafe Technologies, Inc. (“BlockSafe” or the “Company”) to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: general economic and business conditions in those areas in which the Company operates; demographic changes; competition; fluctuations in market interest rates; changes in credit quality; and the Company’s ability to successfully market its products. Given these uncertainties, undue reliance should not be placed on such forward- looking statements. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments except as required by law.
The white paper does not carry any right of publication or disclosure to any other party. No person may treat this white paper as constituting either an offer to sell, or a solicitation of an offer to buy, any interest in the investment. Any offering of securities may be made only pursuant to written offering documents, in compliance with federal and applicable state securities laws. The investment is available only to qualified individuals or entities, and potential investors should perform their own due diligence regarding the investments and tax treatment of such investments. This white paper may not contain all the details and information necessary for you to decide or evaluate. The Company does not take responsibility for the accuracy or the completeness of the information contained herein or makes any assurances for such information. This white paper is not and does not purport to be an appraisal of the assets, stock or business referenced herein. Neither this white paper nor any of its contents may be used for any other purpose without the prior written consent of BlockSafe.
Investment in the BSAFE™ tokens discussed herein involves a high degree of risk and any Investor may lose part or all their investment. Accordingly, prospective investors should consider carefully the following risk factors, which represent only a limited number of selected risk factors in addition to the other information concerning the Company and its business contained in this White Paper, there are other risk factors associated with BSAFE™ tokens. The Company undertakes no obligation to update the information provided herein.
Blockchain technologies are subject to supervision and control by various regulatory bodies around the world. BlockSafe securities may fall under one or more requests or actions on their part, including but not limited to restrictions imposed on the use or possession of digital tokens, which may slow or limit the functionality or repurchase of tokens in the future. Blockchain technology, including but not limited to the issue of BSAFE tokens, may be a new concept in some jurisdictions, which may then apply existing laws or introduce new regulations regarding Blockchain technology-based applications, and such regulations may conflict with the current BSAFE™ token concept. This may result in the need to make substantial modifications to the BSAFE™ token, including but not limited to its termination, the loss of BSAFE™ tokens, and the suspension or termination of all BSAFE™ token functions. As of the date of this White Paper, the Securities and Exchange Commission has not determined that any token based regulatory filings (specifically, registration statements on Form A-1 and Form S-1) is effective and has not approved any token only exchange for the purchase and sale of tokens, although derivative exchanges which incorporate tokens have been approved as Alternative Markets.
BSAFE™ token holders may be required to pay taxes associated with the transactions contemplated herein, whether in the United States or in their home countries. It will be a sole responsibility of BSAFE™ token holders to comply with the tax laws of the United States and other jurisdictions applicable to them and pay all relevant taxes.
Once purchased, the value of BSAFE™ token may significantly fluctuate due to various reasons. BlockSafe does not guarantee any specific value of the BSAFE™ token over any specific period. BlockSafe shall not be held responsible for any change in the value of BSAFE™ token.
BSAFE™ tokens are not official or legally binding investments of any kind. In case of unforeseen circumstances, the objectives stated in this document may be changed. Despite the fact that we intend to reach all goals described in this document, all persons and parties involved in the purchase of BSAFE™ tokens do so at their own risk.
The number of new BSAFE™ tokens available for exchange may vary due to multiple factors such as the amount of funds received by BlockSafe through the sale of its BSAFE™ tokens, the total number of BSAFE™ tokens sold, market conditions, legal regulations, and other risks. BlockSafe does not guarantee any specific number of new BSAFE™ tokens available for exchange for a BSAFE™ token at any given time.
Technical innovations, like the development of quantum computers, may pose a danger to cryptocurrencies, including BSAFE™ tokens.
BSAFE™ tokens are a new and relatively untested technology. In addition to the risks mentioned in this document, there are certain additional risks that the team of the BSAFE™ platform cannot foresee. These risks may manifest themselves in other forms of risk than those specified herein.
BlockSafe’s performance may be interrupted, suspended or delayed due to force majeure circumstances. For the purposes of this White Paper, force majeure shall mean extraordinary events and circumstances which could not be prevented by BlockSafe and shall include: acts of nature, wars, armed conflicts, mass civil disorders, industrial actions, epidemics, lockouts, slowdowns, prolonged shortage or other failures of energy supplies or communication service, acts of municipal, state or federal governmental agencies, other circumstances beyond BlockSafe’s control, which were not in existence at the time of White Paper release.
Personal information received from BSAFE™ token holders, the information about the number of tokens owned, the wallet addresses used, and any other relevant information may be disclosed to law enforcement, government officials, and other third parties when BlockSafe is required to disclose such information by law, subpoena, or court order. BlockSafe shall at no time be held responsible for such information disclosure.
All information contained within this Whitepaper is provided for general information purposes only and is intended to present a guide to the decentralized services which may be provided by BlockSafe in the future. Nothing published in this document is intended to be (i) legal, financial, professional, tax or other advice; (ii) a recommendation to undertake (or to cease undertaking) any action whatsoever; (iii) an advertisement, solicitation or legal offer; (iv) an offer or a call to buy or sell stocks or securities, or that of any other related or associated company, (v) a promise of any voting or ownership rights of BlockSafe (vi) or a promise of receiving any passive income, any return on investment or any profit; and should not be construed as any of the foregoing.
Assumptions with respect to the foregoing involve, among other things, judgments about the future economic, competitive and market conditions and business decisions, most of which are beyond the control of the BlockSafe team and therefore difficult or impossible to accurately predict. Although the BlockSafe team believes that its assumptions underlying its forward-looking statements are reasonable, any of these may prove to be inaccurate. As a result, the BlockSafe team can offer no assurances that the forward-looking statements contained in this White Paper will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements contained herein, the inclusion of such information may not be interpreted as a warranty on the part of BlockSafe or any other entity that the objectives and plans of the BlockSafe project will be successfully achieved. BlockSafe undertakes no obligation to update this White Paper. Please note that the BlockSafe project may be subject to other risks not foreseen by its team at this time.
BlockSafe strongly recommends that all contributors seek their own legal advice as compliance may vary, depending on their own status, nationality, the country they are resident/tax resident in, etc.