📕Legal

Disclaimers and Risk Factors for Investment

In relation to any and all information specified in this Whitepaper, you hereby unconditionally and irrevocably accept and agree to the following:

You fully acknowledge that BoomLand is not authorized to provide services in jurisdictions whose laws restrict or prohibit participation in processes collectively and commonly referred to as Initial Coin Offering (ICO) or classify the token distribution process solely as an issue of financial instruments or derivatives of financial instruments within the meaning of applicable national laws.

Moreover, you fully understand and agree that unless permitted by applicable laws and regulations, any offerings of the tokens mentioned in this Whitepaper (the “Tokens”) shall not be made directly or indirectly, where participating in such offering is prohibited. Making use of the services available in the BoomLand ecosystem, requires familiarization with the content of the documents provided by BoomLand, i.e. the Whitepaper, Terms of Service and its attachments (if any). If you decide to purchase the Tokens you confirm that you are familiar with the above documentation, and fully understand and accept their contents. You declare that you have familiarized yourself with the distribution process of the Tokens, its mechanism, as well as the scope of services provided by BoomLand, and have obtained all necessary information and data that you consider sufficient to make a decision, as well as to participate the distribution process of the Tokens, and that you have extensive knowledge of the operation, use or usability of software based on blockchain technology. Authors of this Whitepaper, the issuer of the Tokens, their affiliates, officers, directors, employees, advisors and agents shall not be liable or responsible for any person who accessed this Whitepaper from any jurisdiction which prohibits or limits access to this Whitepaper.

Information Only

Content of this Whitepaper is provided for information purposes only without any kind of warranties including the following. All substantive content presented in this Whitepaper is not guaranteed in its accuracy, validity or completeness and no representations and warranties whether express or implied are made. This Whitepaper is provided for information only and shall not be legally binding in any case. Any information, opinions and prospective information including reports, estimates, if contained herein, including but not limited to the expected results, roadmaps, development and anticipated conditions and performances of the relevant entities, are subject to update, expansion, revision, independent verification, audit and amendment.

All information contained in this Whitepaper is not intended for information for an offer or solicitation of investment in any form and shall not be treated as a proposal or an offer to solicit to purchase, subscribe for or underwrite any form of investment or securities or other financial instruments, nor shall it or any part of it form the basis of, or be relied upon, in any way in connection with, any contract or investment decision in any jurisdiction relating to the same.

Other Disclaimers

BoomLand additionally stipulates that it does not guarantee any benefits or profits in connection with the acquisition of Tokens, and the very process of distribution of these Tokens takes place in an automated manner through the blockchain network. All content and information included in the BoomLand ecosystem and the documents made available therein are not and cannot be viewed as "investment advice" or "investment recommendation" or as an intermediary in such activities. Furthermore, you acknowledge and fully accept that the activities of BoomLand in no way refers to the activities of investment, banking, insurance or reinsurance.

The activity of BoomLand in no way refers to investments as investment funds. The phrase "investment" or "investment" in the scope of the information posted through the BoomLand ecosystem should be defined exclusively as making a purchase of Tokens or seeking to make such a purchase. The activities of BoomLand shall not be regarded as investment advice, investment recommendation or brokering of such advice or recommendation or management of any assets in relation to Tokens.

Tokens are not: a document registered in name, to order or issued to bearer, as well as a financial instrument and a unit or investment certificate within the meaning of the relevant national laws at the place of establishment of BoomLand; a retail collective investment product within the meaning of Article 4. of Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) and is not subject to state-guaranteed regulation.

The process of distributing Tokens is not a public offering, an alternative investment fund management activity or an activity carried out by an investment fund, and that BoomLand's activities are not a banking activities or an insurance or reinsurance activities within the meaning of the relevant national laws in BoomLand's place of business;

BoomLand does not guarantee you that the Token distribution process, as well as the acquisition of Tokens itself, will bring the you the results, outcomes, or economic or financial benefits expected by you; You fully acknowledge that by proceeding with the process of acquiring Tokens or using any other services within the BoomLand ecosystem, you do not in any way join the company of BoomLand, do not form a partnership with BoomLand, nor do you acquire corporate rights in the company of BoomLand and do not enter into a legal relationship with BoomLand of a similar nature, including, for example, a joint venture. All projects related to the new technology industry, including but not limited to FinTech, are associated with investment risk. By risk is meant in particular: -technical difficulties in project implementation; -exchange rate fluctuations -lack of acceptance of cryptocurrencies as a common way of payment and exchange -lack of certainty and any kind of guarantee when implementing the project. The technology that BoomLand uses is new technology and may involve certain market and technical risks. Thus, the responsibility for the acquisition and use of Tokens and the services associated with those Tokens is at your own risk. Therefore, you fully understand and agree that there is a high risk associated with operating in financial markets or markets related to virtual currencies (cryptocurrencies), in particular in terms of rapid price volatility in these markets, which may result in loss of all invested capital. Any relevant blockchain system or virtual assets may become no longer commercially viable or operable where there may be changes in political, societal, economic, or stock or virtual asset market conditions, or where the market value of, or the demand for, virtual assets or the relevant blockchain systems may go down or become obsolete.

It is at your own risk and responsibility with respect to any investment decisions in virtual assets, and any and all possible losses and damages (including, but not limited to, direct, indirect, special or consequential loss, actual or conclusive loss and damages, and collectively hereinafter referred as “damage”) that arise as a result of any use, error, omission, reference, dependence, reliance of any information contained in this Whitepaper, will be borne solely by you.

In view of the above, you are required to confirm that the acquisition of Tokens is based on your sole will, which is preceded by an independently performed analysis of the project in question. You hereby fully acknowledge and agree that you are encouraged to independently consult with professional consultants. You are obliged to determine in what manner and according to what law taxation will occur, in connection with your acquisition of Tokens, and you are also obliged to pay this tax to the appropriate tax authorities. BoomLand shall in no way be liable for incorrect tax settlement, due to your acquisition of Tokens. No warranties whatsoever with respect to the Tokens or their values are made or secured by any government, BoomLand or any third party. All warranties are hereby expressly disclaimed. This Whitepaper is not prepared pursuant to any judicial jurisdiction, regulation or act of any specific country, and no regulatory authority or government entity has examined or approved this Whitepaper. This Whitepaper does not constitute any legal, financial, tax or other advice. You must conduct your own due diligence and shall comply with all local laws relating to virtual assets, taxes, securities and other regulations of the respective jurisdiction. This Whitepaper may be modified or amended, and the latest version hereof will be distributed through the representative website. No notification will be provided in each and all modification or amendment to the Whitepaper.