Nandi Whitepaper
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DISCLAIMER

In consideration of Nandi, legal ADA Marketplace Inc, (the “Company”) providing this Whitepaper to the recipient, the recipient acknowledges that the contents of this Whitepaper are confidential to the Company and the recipient agrees not to disclose, distribute or permit to be communicated verbally, directly or indirectly or otherwise, or to otherwise publish the contents of this Whitepaper except with the prior written consent of the Company. For the purposes of this acknowledgement “recipient” includes, without limitation, any principal, employee or agent of the recipient.
This Whitepaper, and any offers made within it, is solely for Participants. This Whitepaper provides a summary of the main features of the Company. It contains general advice only and has been prepared without taking into account any participant’s objectives, financial situation or needs. Participants should read the Whitepaper carefully and assess whether the information is appropriate for them in respect of their objectives, financial situation and needs.
This Whitepaper does not purport to contain all the information that a prospective participant may require. In all cases, interested parties should conduct their own investigation and analysis of the Company and the data contained in this Whitepaper.
The Company does not make any representation or warranty as to the accuracy or completeness of the information contained in this Whitepaper. Furthermore, the Company shall not have any liability to the recipient or any person resulting from the reliance upon this Whitepaper in determining to make an application to apply for shares in the Company.
The Company considers that the financial and non-financial information contained in this Whitepaper has been prepared to the best of its reasonable knowledge and ability. However, recipients must rely on their own investigation of all financial information and no representations or warranties are or will be made by the Company as to the accuracy or completeness of such information. The Company makes no representation about the underlying value of the tokens on offer. Prospective participants must make their own assessment about whether the price of the tokens being offered represents fair value.
Risk
You acknowledge and agree that there are numerous risks associated with purchasing $NANDI, holding $NANDI. and using $NANDI for participation in the Nandi Market and Ecosystem. In worst scenario, this could lead to the loss of all or part of the $NANDI which had been purchased. IF YOU DECIDE TO PURCHASE $NANDI, YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE FOLLOWING RISKS:
Uncertain Regulations and Enforcement Actions
The regulatory status of $NANDI is unclear or unsettled in many jurisdictions. The regulation of virtual currencies has become a primary target of regulation in all major countries in the world. It is impossible to predict how, when or whether regulatory agencies may apply existing regulations or create new regulations with respect to such technology and its applications, including $NANDI and/or Nandi. Regulatory actions could negatively impact $NANDI and/or Nandi in various ways. The Company, the Distributor (or their respective affiliates) may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.
Inadequate disclosure of information
As at the date hereof, Nandi is still under development and its design concepts, consensus mechanisms, algorithms, codes, and other technical details and parameters may be constantly and frequently updated and changed. Although this paper contains the most current information relating to Nandi, it is not absolutely complete and may still be adjusted and updated by the Nandi team from time to time. The Nandi team has no ability and obligation to keep holders of $NANDI informed of every detail (including development progress and expected milestones) regarding the project to develop Nandi, hence insufficient information disclosure is inevitable and reasonable.
Competitors
Various types of decentralized applications and networks are emerging at a rapid rate, and the industry is increasingly competitive. It is possible that alternative networks could be established that utilize the same or similar code and protocol underlying $NANDI and/or Nandi and attempt to re-create similar facilities. Nandi may be required to compete with these alternative networks, which could negatively impact $NANDI and/or Nandi.
Loss of Talent
The development of Nandi greatly depends on the continued cooperation of the existing technical team and expert consultants, who are highly knowledgeable and experienced in their respective sectors. The loss of any member may adversely affect Nandi or its future development. Further, stability and cohesion within the team is critical to the overall development of Nandi. There is the possibility that conflict within the team and/or departure of core personnel may occur, resulting in negative influence on the project in the future.
Failure to Develop
There is the risk that the development of Nandi will not be executed or implemented as planned, for a variety of reasons, including without limitation the event of a decline in the prices of any digital asset. virtual currency or $NANDI, unforeseen technical difficulties, and shortage of development funds for activities.
Security Weaknesses
Hackers or other malicious groups or organizations may attempt to interfere with $NANDI and/or Nandi in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, smurfing and spoofing. Furthermore, there is a risk that a third party or a member of the Company, the Distributor or their respective affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of $NANDI and/or Nandi, which could negatively affect $NANDI and/or Nandi. Further, the future of cryptography and security innovations are highly unpredictable and advances in cryptography, or technical advances (including without limitation development of quantum computing), could present unknown risks to $NANDI and/or Nandi by rendering ineffective the cryptographic consensus mechanism that underpins that blockchain protocol.
Value Risks
Tokens issued by Nandi may drop substantially in value or may remain illiquid for long periods of time or indefinitely. Nandi cannot guarantee an active secondary market for the exchange of tokens purchased in the token sale. Not all disclosures or statements are being made in this disclaimer section. Participants should review the token sale agreement in its entirety and seek the professional advice of legal counsel and investment professionals. $NANDI may change in value based on a number of factors that are outside our control. There is no guarantee or expectation that $NANDI will increase in value, provide a return, or have sufficient adoption and liquidity on exchanges. Owning these tokens does not constitute a share of equity or ownership in the company. The token economy is new and exciting. Regulatory circumstances may require that token mechanics be changed or altered. $NANDI do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the Fayre platform. Company does not guarantee and is not representing in any way to the buyer that the Fayre tokens have any rights, uses, purpose, attributes, functionalities, or features. $NANDI may have no value. The company reserves the right to refuse or cancel $NANDI purchase requests at any time at its sole discretion.
Participant Warning
Participation in a token sale carries high risks. It is highly speculative and before participating in any project about which information is given, prospective participants are strongly advised to seek appropriate professional advice; the information contained in this Whitepaper has been prepared by or on behalf of the Company. Fayre has not undertaken an independent review of the information contained in this Whitepaper.
Prominent Statements
The information contained in this Whitepaper about the proposed business opportunity is not intended to be the only information on which a decision is to be made and is not a substitute for a disclosure document, or any other notice that may be required under law. Detailed information may be needed to make a token participation decision; prospective participants should be aware that no established market exists for the trading of any tokens that may be offered.
Future Statements
Except for historical information, there may be matters in this Whitepaper that are forward- looking statements. Such statements are only predictions and are subject to inherent risks and uncertainty. Forward-looking statements, which are based on assumptions and estimates and describe the Company’s future plans, strategies, and expectations are generally identifiable by the use of the words ‘anticipate’, ‘will’, ‘believe’, ‘estimate’, ‘plan’, ‘expect’, ‘intend’, ‘seek’, or similar expressions. Participants are cautioned not to place undue reliance on forward-looking statements.
By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties both general and specific that contribute to the possibility that predictions, forecasts, projections and other forward-looking statements will not occur. Those risks and uncertainties include factors and risks specific to the industry in which the Company operates as well as general economic conditions. Actual performance or events may be materially different from those expressed or implied in those statements.
All forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by the cautionary statements in this section. Except as expressly required by law, the Company undertakes no obligation to publicly update or revise any forward-looking statements provided in this Whitepaper whether as a result of new information, future events or otherwise, or the risks affecting this information.
None of the Company, its officers or any person named in this Whitepaper with their consent, or any person involved in the preparation of this Whitepaper, makes any representation or warranty (express or implied) as to the accuracy or likelihood of fulfilment of any forward-looking statement except to the extent required by law. The forward-looking statements reflect the views held only as at the date of this Whitepaper.
Other Risks
In addition, the potential risks briefly mentioned above are not exhaustive and there are other risks (as more particularly set out in the Terms and Conditions) associated with your purchase, holding and use of $NANDI. including those that the Company or the Distributor cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the aforementioned risks. You should conduct full due diligence on the Company, the Distributor, their respective affiliates, and the Nandi team, as well as understand the overall framework, mission, and vision for Nandi prior to purchasing $NANDI.
Nandi recommends and encourages that for any cryptocurrency held, bought, or sold, a financial advisor should first be consulted. Please ensure that you perform your own due diligence.
Do not invest without being 100% certain of what you are investing in.
With your purchase of Nandi, you are aware that you are not purchasing a security or investment. You also agree to hold all members of the development team harmless and not liable for any losses or taxes you may incur. You also agree that the team is presenting the token “as is” and is not required to provide any support or services.
Last modified 10mo ago