PLEASE READ THIS SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S).
The MV tokens are not intended to constitute securities in any jurisdiction. This Whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.
This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the distributor/vendor of the MV tokens to purchase any MV tokens nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision.
The purpose of this Whitepaper is to present Gensokishi Online, its technology, business model and the MV token to potential token holders in connection with the proposed token sale. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of acquiring MV tokens.
Neither the U.S. Securities and Exchange Commission, nor the Japanese Financial Services Agency, nor the Financial Supervisory Commission (FSC) of Taiwan, R.O.C nor any other foreign regulatory authority has approved an investment in the tokens.
The following countries - including their citizens and residents - are not allowed to participate in the Initial Token Sale ? U.S., China, Algeria, Bolivia, Vietnam, Indonesia, Kyrgyzstan, Lebanon, Morocco, Namibia, Nepal, Pakistan, Ecuador, Myanmar, Ivory Coast, Cuba, Iran, North Korea, Sudan, Syria, and Crimea. Also, in order to comply with the global anti-money laundering norms, citizens and residents of the Non-Cooperative Countries and Territories (NCCT) shall not participate in the Initial Token Sale ? North Korea, include Bosnia and Herzegovina, Ethiopia, Syria, Iran, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu and Yemen.
Certain statements, estimates and financial information contained herein constitute forward-looking statements or information. Such forward-looking statements or information concern known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. This English-language Whitepaper is the primary official source of information about the MV token. The information contained herein may be translated into other languages from time to time or may be used in the course of written or verbal communications with existing and prospective community members, partners, etc. In the course of a translation or communication like this, some of the information contained in this paper may be lost, corrupted or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and communications and this official English-language Whitepaper, the provisions of the original English-language document shall prevail.
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TAXATION
Any Gensokishi Online party makes no representations concerning the tax implications of participating in the crowdsale, making donations, or receiving and holding Tokens. You bear the sole responsibility for determining or assessing the tax implications of your participation in the Scale App World Initial Token Sale. By participating in the Gensokishi Online Initial Token Sale, you agree that no other party (including, without limitation to any Gensokishi Online party) may be held liable for any loss arising out of, or in any way connected to.
REPRESENTATIONS AND WARRANTIES BY YOU By accessing and/or accepting possession of any information in this Whitepaper or such part thereof (as the case may be), you represent and warrant to Gensokishi Online and/or the Distributor as follows:
(a) you agree and acknowledge that the MV tokens do not constitute securities in any form in any jurisdiction;
(b) You are prohibited to participate in this Gensokishi Online token Pre-sale and Initial Token Sale to purchase any MV tokens if you are a US citizen or resident (taxpayer or related party) or US green card holder or China residents or citizens.
(c) You agree and acknowledge that no regulator has reviewed or approved any information on the whitepaper. We have not followed any rules or regulations in any jurisdictions. The publishing, distribution or dissemination of this whitepaper does not mean the whitepaper has complied with the applicable laws and relevant regulations. There are certain operational and business risks in MV tokens, the crowdsale of MV tokens, and the MV token distributors.
(d) You agree and acknowledge that business operations involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of Gensokishi Online to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others:
(i) Changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;
(ii) (ii) Changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment;
(iii) (iii) The risk that Gensokishi Online may be unable or execute or implement its respective business strategies and future plans;
(iv) (iv) Changes in the availability and salaries of employees who are required by Gensokishi Online to operate its respective businesses and operations;