# Is SOBY a security?

No. Holding $SOBYTO tokens does not give an expectation of profits.

**IMPORTANT NOTICE**

PLEASE CAREFULLY READ THIS SECTION AND THE FOLLOWING SECTIONS:

* DISCLAIMER OF LIABILITY
* NO REPRESENTATIONS AND WARRANTIES
* REPRESENTATIONS AND WARRANTIES BY YOU
* CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS
* MARKET AND INDUSTRY INFORMATION
* NO CONSENT OF OTHER PERSONS
* NO ADVICE
* NO FURTHER INFORMATION OR UPDATE
* RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION
* NO OFFER OF SECURITIES OR REGISTRATION
* RISKS AND UNCERTAINTIES
* GOVERNING LAW

If you have any doubts about the action you should take, it is strongly advised that you consult with your legal, financial, tax, or other professional advisors.

**DISCLAIMER**

The tokens used in our games and applications ("the Tokens") are not intended to be recognized as securities or financial instruments in any jurisdiction.

This disclaimer ("the Disclaimer") is not to be considered a prospectus or an offer document of any kind, nor is it intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction.

Furthermore, this Disclaimer should not be interpreted as providing any advice on the sale, nor should it solicit any offer by the token seller ("the Token Provider") to purchase any Tokens. It should neither form the basis of nor be relied upon in connection with any contract or investment decision. No individual is obligated to enter into any contract or binding legal commitment regarding the sale and purchase of the Tokens based solely on this Disclaimer.

Any agreement between the Token Provider and you, the purchaser, concerning the sale and purchase of the Tokens ("the Token Offering"), will be governed exclusively by a separate document detailing the terms and conditions (the "T\&Cs") of such agreement. Should there be any discrepancies between the T\&Cs and this Disclaimer, the T\&Cs will take precedence.

Individuals who are citizens, residents (tax or otherwise), or green card holders of the United States of America, Canada, the People's Republic of China, or citizens or residents of the Republic of Singapore, the Socialist Republic of Vietnam, or residents of countries where U.S. embargoes and sanctions are enforced (namely Iran, North Korea, Syria, Sudan, or Cuba) are ineligible and prohibited from participating in the Token Offering.

No regulatory authority has reviewed or approved the information presented in this Disclaimer. No such action is planned under the laws, regulatory requirements, or rules of any jurisdiction. The publication, distribution, or dissemination of this Disclaimer does not imply compliance with the applicable laws, regulatory requirements, or rules. There are risks and uncertainties associated with the Tokens and the various elements of the Token Ecosystem, along with their respective services, businesses, and operations, as described in this Disclaimer. This Disclaimer, or any part thereof, must not be transmitted to any country where its distribution or dissemination is prohibited or restricted. Reproducing, distributing, or disseminating any part of this Disclaimer without including this section and the subsequent sections titled Disclaimer of Liability, No Representations and Warranties, Representations and Warranties By You, Cautionary Note On Forward-Looking Statements, Market and Industry Information, and No Consent of Other Persons, No Advice, No Further Information or Update, Restrictions On Distribution and Dissemination, No Offer of Securities Or Registration, and Risks and Uncertainties, is strictly prohibited.

**DISCLAIMER OF LIABILITY**

To the fullest extent allowed by applicable laws, regulations, and rules, neither the Token nor any individual or entity associated with the Token Ecosystem will bear liability for any indirect, special, incidental, consequential, or any other forms of losses or damages, whether in tort, contract, or otherwise. This includes, but is not limited to, loss of revenue, income, profits, as well as loss of data or use, stemming from or in any way connected to your acceptance of or reliance upon this Disclaimer or any portion of it.

**NO REPRESENTATIONS AND WARRANTIES**

Neither we nor any individuals or entities involved in the Token Ecosystem make, claim to make, or are liable for any representations, warranties, or undertakings of any kind to anyone regarding the accuracy, reliability, or completeness of the information presented in this Disclaimer.

**REPRESENTATIONS AND WARRANTIES BY YOU**

By accessing and/or taking possession of any information in this Disclaimer, you affirm to the Token and any associated entities or individuals that:

a) You recognize that the Token is not considered a security in any jurisdiction.

b) You understand that this Disclaimer is neither a prospectus nor an offer document, does not constitute an offer of securities or a solicitation for investment, and does not obligate you to any contract or commitment.

c) You are aware that no regulatory authority has approved the information in this Disclaimer, and no legal or regulatory actions are implied by its distribution to you.

d) You acknowledge that this Disclaimer and any activities related to the Token do not represent an endorsement of the Token's value or potential.

e) You confirm that receiving, distributing, or using this Disclaimer is not restricted by law in your jurisdiction, and you've complied with any such laws at your expense.

f) You agree that the Token should not be considered as any form of currency, security, or investment as traditionally defined, including but not limited to currency other than cryptocurrency, debentures, stocks, shares, rights, options, derivatives, units in collective investment schemes, units in business trusts, or derivatives of such units.

g) You are not eligible to purchase any Tokens if you are a resident or citizen of jurisdictions where purchase is prohibited, specifically mentioning the United States of America, the People's Republic of China, and the Republic of Singapore among others.

h) You possess a basic understanding of cryptocurrency, blockchain technology, and smart contract technology, including their operations and risks.

i) You acknowledge the risks associated with the Token and the Token Ecosystem, understanding that investment could lead to losses for which the Token and its ecosystem cannot be held liable.

j) You accept that no liability will be assumed by the Token or its associates for losses incurred through reliance on this Disclaimer.

k) All representations and warranties you make by engaging with this Disclaimer are true, accurate, and non-misleading as of the time you access or take possession of this information.

**CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS**

All statements contained in this Disclaimer, statements made in press releases, or in any place accessible by the public, and oral statements that may be made by the Token and/or any entity or person being a part of the Token Ecosystem, including their respective directors, executive officers, or employees acting on their behalf, that are not statements of historical fact, constitute forward-looking statements. Some of these statements can be identified by forward-looking terms such as "aim," "target," "anticipate," "believe," "could," "estimate," "expect," "if," "intend," "may," "plan," "possible," "probable," "project," "should," "would," "will," or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding the Token's financial position, business strategies, plans, and prospects, and the future prospects of the industry in which the Tokens and/or any other entity or person being a part of the Token Ecosystem operates, are forward-looking statements. These forward-looking statements, including but not limited to statements as to the Token's or the Token Ecosystem's revenue and profitability, prospects, future plans, other expected industry trends, and other matters discussed in this Disclaimer, are matters that are not historical facts but only predictions. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual future results, performance, or achievements of the Token and the Token Ecosystem 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:

(a) changes in political, social, economic, and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which the Token and/or any other entity being a part of the Token Ecosystem conducts its respective businesses and operations;

(b) the risk that the Token and/or any other entity being a part of the Token Ecosystem may be unable to execute or implement their respective business strategies and future plans;

(c) changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;

(d) changes in the anticipated growth strategies and expected internal growth of the Token and/or any other entity being a part of the Token Ecosystem;

(e) changes in the availability and fees of the Token and/or any other entity being a part of the Token Ecosystem in connection with their respective businesses and operations;

(f) changes in the availability and salaries of employees who are required by the Token and/or any other entity being a part of the Token Ecosystem to operate their respective businesses and operations;

(g) changes in preferences of customers of the Token and/or any other entity being a part of the Token Ecosystem;

(h) changes in competitive conditions under which the Token and/or any other entity being a part of the Token Ecosystem operate, and the ability of the Token and/or any other entity being a part of the Token Ecosystem to compete under such conditions;

(i) changes in the future capital needs of the Token and/or any other entity being a part of the Token Ecosystem and the availability of financing and capital to fund such needs;

(j) war or acts of international or domestic terrorism;

(k) occurrences of catastrophic events, natural disasters, and acts of God that affect the businesses and/or operations of the Token and/or any other entity being a part of the Token Ecosystem;

(l) other factors beyond the control of the Token and/or any other entity being a part of the Token Ecosystem; and

(m) any risk and uncertainties associated with the Token and/or any other entity being a part of the Token Ecosystem and their businesses and operations, the Token, the Token Offering, and the Token eWallet (each as referred to in this Disclaimer).

All forward-looking statements made by or attributable to the Token and/or any other entity being a part of the Token Ecosystem or persons acting on behalf of the Token and/or any other entity being a part of the Token Ecosystem are expressly qualified in their entirety by such factors. Given that risks and uncertainties may cause the actual future results, performance, or achievements of the Token and/or any other entity being a part of the Token Ecosystem to be materially different from those expected, expressed, or implied by the forward-looking statements in this Disclaimer, undue reliance must not be placed on these statements. These forward-looking statements are applicable only as of the date of this Disclaimer. Neither the Token and/or any other entity being a part of the Token Ecosystem nor any other person represents, warrants, and/or undertakes that the actual future results, performance, or achievements of the Token and/or any other entity being a part of the Token Ecosystem will be as discussed in those forward-looking statements. The actual results, performance,

or achievements of the Token and/or any other entity being a part of the Token Ecosystem may differ materially from those anticipated in these forward-looking statements. Nothing contained in this Disclaimer is or may be relied upon as a promise, representation, or undertaking as to the future performance or policies of the Token and/or any other entity being a part of the Token Ecosystem. Further, the Token and/or any other entity being a part of the Token Ecosystem disclaim any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events, or circumstances, even if new information becomes available or other events occur in the future.

**MARKET AND INDUSTRY INFORMATION AND NO CONSENT OF OTHER PERSONS**

This Disclaimer includes market and industry information and forecasts obtained from internal surveys, reports, and studies, where appropriate, as well as from market research, publicly available information, and industry publications. Such sources are generally considered reliable, but there can be no guarantee regarding the accuracy or completeness of the information contained within them. Except for the Token and/or any entity being a part of the Token Ecosystem and their respective directors, executive officers, and employees, no individual has consented to the inclusion of their name or any information attributed to or perceived to be attributed to them in connection with this whitepaper. Furthermore, no representation, warranty, or undertaking regarding the accuracy or completeness of such information is purported to be provided by such individuals, nor shall they be obliged to offer any updates on the same.

While the Token and/or any other entity being a part of the Token Ecosystem have taken reasonable steps to ensure that the information is extracted accurately and presented in its proper context, they have not conducted any independent review of the information obtained from third-party sources, verified the accuracy or completeness of such information, or ascertained the underlying economic assumptions relied upon. Consequently, neither the Token and/or any other entity being a part of the Token Ecosystem nor their respective directors, executive officers, and employees acting on their behalf make any representation or warranty as to the accuracy or completeness of such information and are not obligated to provide any updates on the same.

**TERMS USED**

To aid in understanding the Token offered for purchase and the operations of the Token and/or any other entity within the Token Ecosystem, this Disclaimer employs specific technical terms, abbreviations, and, in some instances, their descriptions. These provided descriptions and meanings are not definitive and may not align with standard industry interpretations. Where applicable, singular terms include their plural forms and vice versa; masculine terms include the feminine and neuter genders and vice versa. The term "persons" here includes corporations.

**NO ADVICE**

The information in this Disclaimer is not intended as business, legal, financial, or tax advice concerning the Token, the Token Ecosystem, the Token Offering, or the Token eWallet. You should consult your legal, financial, tax, or other professional advisors regarding these matters. Be aware that purchasing the Token may involve a financial risk for an indefinite period.

**NO FURTHER INFORMATION OR UPDATE**

No individual is authorized to provide information or representations not contained in this Disclaimer related to the Token, the Token Ecosystem, the Token Offering, or the Token eWallet. Information or representations not specifically included here should not be considered endorsed or approved by the Token or any associated entities. The information in this Disclaimer does not constitute a continuous representation nor imply any changes or developments in the Token or the Token Ecosystem since the date of this document.

**RESTRICTIONS ON DISTRIBUTION AND DISSEMINATION**

The distribution or dissemination of this Disclaimer, or parts thereof, may be subject to legal restrictions in certain jurisdictions. You are responsible for informing yourself about and complying with any such restrictions at your expense and without liability to the Token or any entity within the Token Ecosystem. This Disclaimer should not be circulated further, reproduced, or distributed for any purpose, nor should any such actions be permitted.

**NO OFFER OF SECURITIES OR REGISTRATION**

This Disclaimer is neither a prospectus nor an offer document and is not intended as an offer of securities or a solicitation for investment in any jurisdiction. No obligation to enter into any contract or legal commitment arises from this Disclaimer, and no cryptocurrency or other payment should be made based on it. Any sale and purchase agreement of the Token will be governed exclusively by the terms and conditions (T\&Cs) of such an agreement. In case of any inconsistency between the T\&Cs and this Disclaimer, the T\&Cs will prevail. Citizens, residents, or green card holders of certain jurisdictions, including the United States of America, the People's Republic of China, the Republic of Singapore, the Socialist Republic of Vietnam, or residents of countries where U.S. embargoes and sanctions are enforced (namely Iran, North Korea, Syria, Sudan, or Cuba) are not eligible to purchase the Token. No regulatory authority has endorsed the information in this Disclaimer, and no compliance with laws, regulatory requirements, or rules is implied by its publication, distribution, or dissemination.

**RISKS AND UNCERTAINTIES**

Prospective purchasers should thoroughly assess all risks and uncertainties associated with the Token, the Token Ecosystem, and their operations, as detailed in this Disclaimer and the T\&Cs, before acquiring the Token. The realization of any of these risks could materially and adversely affect the Token and the Token Ecosystem's business, financial condition, operational results, and prospects, potentially leading to a total loss of value of the Token.

**GOVERNING LAW**

The Token Coin Offering, any related material and especially the content of this Disclaimer, the Disclaimer itself and any associated documents and material and any conflict arising from it or in relation to it shall be exclusively governed by the law in force in Curaçao.
