Disclaimer
This whitepaper is not a recommendation to purchase any Fitcoin, nor is it a document that should be referenced for any contract or purchase decision. This whitepaper does not constitute an offer or commitment of any kind. Fitcoin is not planned to constitute a security or any other regulated product in any country or jurisdiction.
This whitepaper is not the basis for any prospectus or other securities issuance document and is not intended to be issued or solicited in any country or jurisdiction. This whitepaper has not been reviewed by any regulatory agency in any country or jurisdiction.
You acknowledge and agree that Fitcoin does not have the following features:
Representation of equity, control, or obligations of the team or any other organisation in any jurisdiction, or the right to participate in or control the decision-making of such organisations;
Representation of any type of investment;
Representation of any security with intrinsic value or market price;
Representation of any obligation to redeem or purchase any goods or assets.
By participating in this plan, the participant represents that he or she has confirmed the understanding and acceptance of the terms and conditions described in the rules, and accepts the potential risks and consequences.
Market risk: If the overall value of the cryptocurrency market is overestimated, the investment risk will increase, and participants may have high expectations for the price growth of the project, but these high expectations may not be realised.
Systemic risk: refers to force majeure factors, including but not limited to natural disasters, political movements, etc.
Regulatory risk: The trading of cryptocurrencies is highly uncertain. Due to the lack of strong supervision in the field of cryptocurrencies trading, cryptocurrencies are at risk of skyrocketing and falling. If individual participants lack experience after entering the market, it may be difficult to resist the asset shock and psychological pressure brought about by market instability.
Project risk: The team will spare no effort to achieve the goals mentioned in the white paper. There is already a relatively mature business model. However, due to the unpredictable overall development trend of the industry, the existing business model may not be well in line with market demand, making it difficult to achieve profitability. . At the same time, since this white paper may be updated as the details of the project are implemented, if the updated details of the project are not obtained by the participants of the plan in time, the participants will have insufficient knowledge due to information asymmetry, which will affect the subsequent development of the project.
Technical risk: This project is based on cryptographic algorithms, and the rapid development of cryptography also brings potential risks of being cracked; technologies such as blockchain and distributed storage support core business development, and the team cannot fully guarantee the implementation of the technology; the project update process In the software, there may be loopholes found, which can be remedied by releasing updates, but the degree of impact caused by the loopholes cannot be guaranteed.
Hacker attack and crime risk: In terms of security, electronic tokens are characterised by anonymity and difficulty of traceability, so they may be attacked by hackers or used by criminals, or may be involved in criminal acts such as illegal asset transfer.
Policy risk: At present, the international regulatory policy for blockchain projects and financing with virtual currencies is still unclear, and there is a certain possibility of loss to participants due to policy reasons.
Unknown risks: With the continuous development of blockchain technology, there may be some currently unforeseen risks.
This whitepaper does not make any statement or warranty that the information, statements, opinions or other matters described or conveyed in relation to the project in this whitepaper are accurate or complete, and makes no statement or warranty of any kind regarding any forward-looking statements or the likelihood of achieving any results or outcomes described in this whitepaper. Any such matters should not be relied upon as being indicative of future performance or results. To the fullest extent permitted by applicable law, we shall not be liable for any loss or damage arising out of or in connection with any act or decision made by any person in reliance on this whitepaper or any part thereof.
Please participate after fully understanding the background of the team and the overall framework.
The team reserves the right to modify and change the content of this whitepaper at any time.
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