Disclaimer

PLEASE READ THE ENTIRETY OF THIS "DISCLAIMER" SECTION CAREFULLY. THIS DOCUMENT DESCRIBED THE ART CONSORTIUM PROTOCOL WHICH HAS BEEN DEVELOPED AND CONTINUES TO BE REVIEWED, REVISED AND UPDATED. NOTHING HERE IN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER NOR ANY OF THE PROJECT TEAM MEMBERS (THE AC TEAM), NOR ANY SERVICE PROVIDERS WHO HAVE WORKED ON THE MATTERS DISCUSSED IN THIS WHITEPAPER IN ANY WAY WHATSOEVER, SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS, INCLUDING CONSEQUENCIAL LOSSES,WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THIS WHITEPAPER, THE WEBSITE AT www.artconsortium.io (THE WEBSITE) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE ART CONSORTIUM.

1. Nature of the Whitepaper

The Whitepaper and the Website are intended for general informational purposes only and relates to a developed Art Consortium Protocol and a project still underdevelopment and as such do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, or any offer to sell any product, item or asset (whether digital or otherwise). The information herein may not be exhaustive and does not imply any element of a contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information. Where the Whitepaper or the Website includes information that has been obtained from third party sources, the Art Consortium and/or the AC team have not independently verified the accuracy or completion of such information. Further, you acknowledge that circumstances may change and that the Whitepaper or the Website may become outdated as a result; and neither the ArtConsortium is under any obligation to update or correct this document in connection therewith.

2. Token Documentation

Nothing in the Whitepaper or the Website constitutes any offer by the ArtConsortium or the AC team to sell any asset, security or item related to the contenthere of 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. Nothing contained in the Whitepaper or the Website is or may be relied upon as a promise, representation or undertaking as to the future performance of the AC protocol. An agreement, if any is executed between the AC (or any third party) and you, in relation to any sale, purchase, or other distribution or transfer of [assets] is to be governed only by the separate terms and conditions of such agreement.

The information set out in the Whitepaper and the Website is for community discussion only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition of [assets described herein], and no virtual currency or other form of payment is to be accepted on the basis of the Whitepaper or the Website.

The agreement for sale and purchase of assets described herein, and/or continued holding of such assets shall be governed by a separate set of Terms and Conditions or Token Purchase Agreement (as the case may be) setting out the terms of such purchase and/or continued holding of assets (the Terms and Conditions), which shall be separately provided to you or made available on the Website. The Terms andConditions Documentation must be read together with the Whitepaper. In the event of any inconsistencies between the Terms and Conditions and the Whitepaper or theWebsite, the Terms and Conditions shall prevail.

3. Deemed Representations and Warranties

By accessing the Whitepaper or the Website (or any part thereof), you shall be deemed to represent and warrant to the Art Consortium and the AC team as follows:

  • • In any decision to purchase any asset referred to in this Whitepaper, you have shall not rely on any statement set out in the Whitepaper or the Website
  • You will and shall at your own expense ensure compliance with all laws,regulatory requirements and restrictions applicable to you (as the case maybe)
  • You acknowledge, understand and agree that any asset referred to in this Whitepaper may have no value, there is no guarantee or representation of value or liquidity for any asset referred to in this Whitepaper, and any asset referred to in this Whitepaper is not an investment product including for any speculative investment
  • None of the Art Consortium and the AC team shall be responsible for or liable for the value of any asset referred to in this Whitepaper, the transferability and/or liquidity of any asset referred to in this Whitepaper and/or the availability of any market for any asset referred to in this Whitepaper through third parties or otherwise
  • You acknowledge, understand and agree that you are not eligible to purchaseany any asset referred to in this Whitepaper if you are a citizen, national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i) where it is likely that the sale of any asset referred to in this Whitepaper would be construed as the sale of a security(howsoever named), financial service or investment product and/or (ii)where participation in token sales is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation theUnited States of America, Canada, New Zealand, People's Republic of China(but not including the special administrative regions of Hong Kong andMacau, and the territory of Taiwan), Thailand, and the Socialist Republic ofVietnam); and to this effect you agree to provide all such identity verification document when requested in order for the relevant checks to be carried out.

The Art Consortium and the AC Team do not and do not purport to make, and hereby disclaims, all representations, warranties or undertaking to any entity or person (including without limitation warranties as to the accuracy, completeness, timeliness or reliability of the contents of the Whitepaper or the Website, or any other materials published by the Art Consortium). To the maximum extent permitted by law, the Art Consortium, its respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, intort, contract or otherwise (including, without limitation, any liability arising from default or negligence on the part of any of them, or any loss of revenue, income or profits, and loss of use or data) arising from the use of the Whitepaper or theWebsite, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same.Prospective purchasers of any asset referred to in this Whitepaper should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the any asset referred to in this Whitepaper token sale, the Art Consortium and the AC team.

4. Informational purposes only

The information set out herein is a combination of a developed protocol and conceptual descriptions under development, and describes the future development goals for the AC protocol’s continued evolution. In particular, the project roadmap in the Whitepaper is being shared in order to outline some of the plans of the AC team, and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in making purchasing decisions because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the ArtConsortium and is subject to change. Further, the Whitepaper or the Website may be amended or replaced from time to time. There are no obligations to update the Whitepaper or the Website, or to provide recipients with access to any information beyond what is provided herein.

5. Regulatory approval

No regulatory authority has examined or approved, whether formally or informally, of any of the information set out in the Whitepaper or the Website. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Whitepaper or the Website does not imply that the applicable laws, regulatory requirements or rules have been complied with.

6. Cautionary Note on forward-looking statements

All statements contained herein, statements made in press releases or in any place accessible by the public and oral statements that may be made by the ArtConsortium and/or the AC team, may constitute forward-looking statements(including statements regarding intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices). You are cautioned not to place unduereliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actualfuture results to be materially different from that described by such forward-looking statements, and no independent third party has reviewed the reasonableness of any such statements or assumptions. These forward-looking statements are applicable only as of the date indicated in the Whitepaper, and the Art Consortium well as theAC team expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward-looking statements to reflect events after such date.

7. References to companies and platforms

The Whitepaper and the Website may be translated into a language other thanEnglish for reference purpose only and in the event of conflict or ambiguity between the English language version and translated versions of the Whitepaper or theWebsite, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Whitepaper and theWebsite

9. No Distribution

No part of the Whitepaper or the Website is to be copied, reproduced, distributed or disseminated in any way without the prior written consent of the Art Consortium. By attending any presentation on this Whitepaper or by accepting any hard or soft copy of the Whitepaper, you agree to be bound by the foregoing limitations