Important Disclaimer

This whitepaper shall not be deemed as any invitation to enter into any sort of investment. It does not in any manner constitute, nor should it be deemed as an offering of securities in any jurisdiction. This whitepaper does not include any information or indication that might be regarded as any form of recommendation or used for any investment decision. BIDs are just utility tokens, which can be used only on the DefiBids platform and are not intended or designed to be seen or used as any form of investment.

The offering of BIDs is made to allow the use of the DefiBids platform and not for speculative purposes. The offering of BIDs does not in any way change the tokens’ legal qualification, which remains a simple means for using the DefiBids platform and is not a security.

DefiBids is not to be considered as an advisor in any legal, tax, or financial matters. Any information in the whitepaper is provided for general information purposes only, and DefiBids does not give any sort of warranty or assurance regarding the accuracy and completeness of this information. Acquiring BIDs shall not grant any right or influence over DefiBids organization and governance to the Purchasers. Regulatory authorities seem to be scrutinizing various businesses and operations in the cryptocurrency industry. In light of this, regulatory measures, actions, or investigations may affect DefiBids’ business and restrict or prevent us from developing our future operations.

Any person willing to acquire BIDs must be aware of the DefiBids business model. It is important to note that the whitepaper or terms and conditions may be changed due to new compliance and regulatory demands from any relevant laws in any jurisdictions. In such cases, purchasers and anyone willing to acquire BIDs acknowledge and understand that neither DefiBids nor any of our affiliates shall be held liable for any sort of loss or damage caused by such changes.

DefiBids will do its utmost to launch its operations and develop the DefiBids platform. Anyone willing to acquire BIDs acknowledges and understands that DefiBids does not provide any guarantee that it will manage to achieve it. Therefore, they recognize and understand that DefiBids (including its staff and affiliates) assumes no form of liability or responsibility for any damage or damage that would result from the incapacity to use BIDs, except in the event of intentional misconduct or gross negligence.