Notice and Disclaimer

Please read it carefully

Please read the entirety of this "notice and disclaimer" section carefully. Nothing herein constitutes legal, financial, business, or tax advice or solicitation for investment. You should consult your own legal, financial, tax, or another professional advisor (s) before engaging in any activity in connection herewith. Neither www.navctoken.com (NavC Platform) nor any of the project team members (the “team”) who have worked on the NavC Platform (as defined herein) or project to develop the NavC Token in any way whatsoever, any vendor of NavC tokens (The Distributor), nor any service provider shall be liable for any kind of direct or indirect damage or loss whatsoever which you may suffer in connection with accessing this NavC Platform or any other websites or materials published by the NavC Platform. NavC Platform sometimes provides factual information or updates/information about transaction procedures, potential risks. You are solely responsible for determining whether any investment, investment strategy or related transaction is appropriate for you according to your personal investment objectives, financial circumstances, and risk tolerance. The decision to use products or services is made by you. Information provided on our websites is done in good faith and its use or reliance is solely at your own risk.

Restrictions:

Restrictions due to compliance regulations for different jurisdictions apply such as the United States, Australia, and Republic of China are blocked geographically for participation in the ICO.
Many other regions of the world restrict the earning of tokens or trading thereof. Neither NavC Platform, nor any of the project team members (the team) who have worked on the NavC Platform (as defined herein) or project to develop the NavC Token in any way whatsoever, any vendor of NavC tokens (The Distributor), nor any service provider bear legal responsibility in the event that individuals refuse to comply with international laws applicable to their respective jurisdiction. Kindly consider the law governing your region for the most accurate information.

Project purpose:

You agree that you are acquiring NavC Token to participate in the NavC Platform and to obtain services on the ecosystem thereon. NavC Platform and its respective affiliates would develop and contribute to the underlying source code for the NavExM. The NavC Platform is acting solely as an arms’ length the third party in relation to the NavC Token distribution, and not in the capacity as a financial advisor or fiduciary of any person regarding the distribution of NavC Token.

Nature of the Information on the Website:

The information published on the Website is intended for general informational purposes only. We make no representation, warranty or undertaking on the accuracy, adequacy, reliability, or completeness 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 NavC Platform nor its affiliates are under any obligation to update or correct this document in connection therewith. Statements made herein are as of the publication date and not relied upon as of any subsequent date. Further, the data on-site may be updated from time to time, the company or its affiliates are under no obligation to update these changes to investors.

Token Documentation:

The agreement for distribution of NavC Token and/or continued holding of NavC Token shall be governed by a separate set of Terms and Conditions setting out the terms of such distribution and/or continued holding of NavC Token which shall be made available on the Website. These Terms and Conditions must be read together with the Whitepaper. In the event of any inconsistencies between the Terms and Conditions and the Whitepaper or the Website, the Terms and Conditions shall prevail.

NavC Token:

NavC Token is a non-refundable functional utility token which will be used as the medium of exchange between participants on the NavC Platform in a decentralized manner. The goal of introducing NavC Token is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the NavExM , and it is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. NavC Platform does not in any way represent any shareholding, participation, right, title, or interest in the NavC Platform, NavC Token, its respective affiliates, or any other company, enterprise or undertaking, nor will NavC Platform entitle NavC token holders to any promise of fees, dividends, revenue, profits, or investment returns, and are not intended to constitute securities in Australia or any relevant jurisdiction. NavC Token may only be utilized on the NavExM , and ownership of NavC Token carries no rights, express or implied, other than the right to use NavC Token as a means to enable usage of and interaction within the NavExM .

Investment is subject to substantial risk, substantial loss including but not limited to:

  • hacks, faults, defects, errors, protocol failures, exploits or unforeseen circumstances occurring in respect of a Digital Asset or the technologies or economic systems on which the Digital Asset rely.
  • transactions in Digital Assets are irreversible, consequently, losses due to fraudulent or accidental transactions may not be recoverable.
  • technological development leading to the obsolescence of Digital Asset.
  • delays causing transactions not to be settled on the scheduled delivery date; and attacks on the protocol or technologies on which a Digital Asset depends, including, but not limited to I. distributed denial of service; ii. sybil attacks; iii. phishing; iv. social engineering; v. hacking; vi. smurfing; vii. malware; viii. double spending; ix. majority-mining, consensus-based or other mining attacks; x. misinformation campaigns; xi. forks; and xii. spoofing.

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 NavC Platform or its respective affiliates, and the NavC Platform team as follows:

  • as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws.
  • being an individual, artificial juridic person, or other legal entity / organization, you have full legal capacity and sufficient authorizations to transact in the product offered by NavC Platform.
  • you or your affiliates have not been previously suspended or removed from using the any Financial Services.
  • in any decision to acquire any NavC Token, 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 may be);
  • you acknowledge, understand, and agree that NavC Token may have no value, there is no guarantee or representation of value or liquidity for NavC Token, and NavC Token is not an investment product, nor is it intended for any speculative investment whatsoever.
  • none of the NavC Platform or its respective affiliates, and/or the NavExM team members shall be responsible for or liable for the value of NavC Token, the transferability and/or liquidity of NavC Token and/or the availability of any market for NavC Token through third parties or otherwise; and
  • you acknowledge, understand and agree that you are not eligible to participate in the distribution of NavC Token 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 distribution of NavC Token would be construed as the sale of a security (howsoever named), financial service or investment product and/or (ii) where participation in token distributions is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation the United States of America, Australia and the People's Republic of China); 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 NavC Platform, or its respective affiliates and the NavExM team 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 Company or its respective affiliates). To the maximum extent permitted by law, the NavC Platform or its respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, 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 the Website, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same. Prospective acquirers of NavC Token should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the distribution of NavC Token, the NavC Platform or its respective affiliates and the NavExM team.

Informational purposes only:

The information set out herein is only conceptual and describes the future development goals for the NavC Token to be developed. In particular, the project roadmap in the Whitepaper is being shared in order to outline some of the plans of the NavExM team and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in deciding whether to participate in the token distribution because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the NavC Platform or its respective affiliates and is subject to change.

Regulatory approval:

No regulatory authority has examined or approved, whether formally or informally, 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.

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 NavC Platform and/or the NavExM team, may constitute forward-looking statements (including statements regarding the 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 undue reliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future 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 NavC Platform or its respective affiliates as well as the NavExM team expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward-looking statements to reflect events after such date.

References to companies and s:

The use of any company and/or names or Trademarks herein (save for those which relate to the Company or its respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Whitepaper or the Website to specific companies and s are for illustrative purposes only.

English language:

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

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 Company or its respective affiliates. 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.