Representation and Warranties

By accessing this whitepaper or any aspect thereof, you represent and warrant to DefiBids and the DefiBids team as follows:

» have carefully and thoroughly read the terms and conditions of this project and the token sale, and agree to be legally bound by them;

» are authorized and have complete power to purchase BIDs according to the laws that apply in their jurisdiction of domicile;

» live in a jurisdiction which allows DefiBids to sell BIDs through a token sale without the need for any local authorization;

» are familiar with all relevant regulations in the specific jurisdiction they reside and that purchasing cryptocurrencies in their jurisdiction is not restricted, prohibited, or subject to extra conditions of any sort;

» will not use the token sale for any illegal activity, including money laundering and the financing of terrorism;

» have adequate knowledge about the nature of the cryptocurrencies and have significant experience with, and practical understanding of, the use and intricacies of dealing with cryptocurrencies, blockchain, and blockchain-based services;

» purchase BIDs because they wish to have access to the DefiBids platform;

» are not purchasing BIDs for the purpose of speculative investment or usage.

» you acknowledge, understand, and agree that BIDs may have no value, there is no guarantee, warranty, or representation of value or liquidity for BIDs, and BIDs is not for speculative investment;

» in any decision to purchase any BIDs, you have not relied solely on any statement made in this whitepaper; and you shall, at your sole expense, comply with all applicable laws, regulations, and restrictions.

All statements in this whitepaper, press releases, or in any place accessible by the public and oral statements that may be made by DefiBids and/or the DefiBids team may constitute forwardlooking statements (including without limitation to statements concerning the intent, belief, or current expectations concerning market conditions, business strategies and plans, financial conditions, specific provisions, and risk management practices). You are advised not to place any reliance on these forward-looking statements as these statements entail known and unknown risks, uncertainties, and other issues that may make the actual future results materially differ from what is described by such forward-looking statements. The forward-looking statements apply only as of the date of this whitepaper, and DefiBids and the DefiBids team expressly disclaims any responsibility (express or implied) to issue any revisions to the forward-looking statements for any reason.

This whitepaper may be translated into any language aside from English. In the event of any conflict or ambiguity between the English language version and any translated version of this whitepaper, the English language version shall over-rule. You accept that you have carefully read and understood the English language version of this whitepaper.