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Participation in a Token Sale Event is a high-risk activity, albeit this Token Sale Event is aimed at experienced professionals who are familiar with blockchain technology, cryptocurrency trading, and trading other market instruments such as stocks, derivatives, and forex markets.
By participating in this Token Sale Event, the purchaser acknowledges and accepts the risks to security and the potential lack of economic results. The purchaser declares being aware of the legal uncertainty of this type of transaction and has conducted their own legal guidance according to the applicable law to which they subscribe. Any buyer purchasing SKAI tokens acknowledges the technological and economic uncertainty of the project presented in the pitch deck.
Therefore, purchasers are aware of the absence of any legal action against the company in case of failure, non-performance, or no implementation of the project, as well as in the case of the SKAI token losing part or even the totality of its value. Purchase of SKAI tokens confers the ability to use the upcoming SkillfulAI.io platform services. No other rights are transferred upon the Token Sale Event.
Specifically, the company's only obligation is to distribute the $SKAI token under the conditions defined in the Pitch Deck. During the Token Sale Event, the company may not be held liable for any of the following:
Warning about the token according to the European regulation, the SKAI token is a cryptographic utility token usable on the Ethereum and BNB Blockchains and allowing, in the long term, access to the functionalities of the SkillfulAI.io platform.
The SKAI token is not a security or a financial instrument within the meaning of the Markets in Financial Instruments Directive (MiFID II) of the European Parliament (2014/66/EU) or within the meaning of Article L211-1. Participating in a Token Sale Event is a high-risk activity. This Token Sale Event is only aimed at experienced professionals who are familiar with blockchain technology, cryptocurrency trading, and trading other market instruments. By participating in this Token Sale Event, the purchaser acknowledges and accepts the risks related to security, the potential lack of technical and economic results, and the total or partial loss of their capital. Finally, the purchaser declares being aware of the legal uncertainty of this type of transaction and has conducted their own legal guidance according to the applicable law to which they subscribe. The tokens grant no financial (income, capital, or dividend) or voting rights in the company. The token is a crypto asset issued by SkillfulAI.io through the Token Sale Event and used by the members of the SkillfulAI.io platform and community.
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