Disclaimer

This document is not an offer of securities or advertising, invitation, or call to investment purposes. The terms of contribution are not a document on the offer of financial services or a prospectus of issue. All documents relating to the sale of $WB tokens as securities have been prepared separately in accordance with UK legislation.

This White Paper represents a small part of such documents. All necessary legal documents can be presented after receiving an official notification.

The offer of $WB tokens includes and is associated with the development and use of an experimental platform (software) and technologies that may not be implemented or achieve the goals specified in the White Paper. The purchase of $WB tokens represents a high risk for any contributor.

Most transactions are carried out through centralized digital payments, and without a bridge leading to decentralization, it is impossible to achieve mass adoption.

Before purchasing $WB tokens, we strongly recommend all participants to carefully read and understand the risks listed below to make an informed decision about participating in the White Basics project:

Market Risk: The cryptocurrency market is still new and uncertain. No one should invest funds in tokens or speculate on tokens that he or she is not ready to lose completely. Whether the market of one or several tokens will move up or down, whether a particular token will lose all or almost all of its value is unknown. Participants should be cautious about storing tokens.

Legal Risk: The legal status of $WB tokens may be uncertain. This may mean that the legality of their possession or trading is not always clear. It may also be unclear whether one or more cryptocurrencies are property, assets, or rights of any kind. Project participants are fully responsible for knowing and understanding how $WB tokens will be considered, regulated, and taxed in accordance with applicable law in their location.

Risks Associated with Financial Activities: When you finance the purchase or sale of cryptocurrencies, you risk losing the provided funding. Participants should know all the terms of any contracts they enter into, and how their trading strategies and other market and risk factors may affect their funding obligations.

Software Deficiency Risk: Participants understand and accept that software, technologies, and technical concepts and theories are at an early stage of development and are unproven, and there is no guarantee that the process of obtaining, using, and owning $WB tokens will be continuous or error-free, and there is an inherent risk that the software, tokens, and related technologies and theories may contain weaknesses, vulnerabilities, or errors causing, among other things, partial or complete: loss of tokens; inability to use tokens; and/or lack of token utility.

Risk of Loss of Credentials: Participants understand and accept that in case of loss or theft of wallet credentials, the received $WB tokens will be unrecoverable and permanently lost.

To manage and dispose of tokens stored in a wallet, a private key or combination of private keys is required. Accordingly, loss of the necessary private key(s) associated with the wallet will result in the loss of $WB tokens.

Moreover, any third party who gains access to such password(s), including by gaining access to login credentials of a hosting service that the wallet participants use, may be able to misappropriate your $WB tokens. Any errors or malfunctions caused by or otherwise related to the wallet chosen by the participant to receive and store $WB tokens, including the participant's own failure to properly maintain or use such wallet, may also result in the loss of $WB tokens.

Risk Associated with Cybercrime: The acquisition and management of cryptocurrencies and crypto-currencies are inherently subject to the risk of cybercrime, which is difficult to manage and mitigate. This can lead to coordinated and even successful attempts to hack White Basics and the sites, and software used to manage contributions received in relation to $WB tokens, and other software or technological components, and defraud participants and White Basics.

White Basics may be subject to unauthorized access, hacking, and/or theft of some of its cryptocurrency assets. White Basics is not obligated to insure all issued $WB tokens and does not intend to insure them. Any unauthorized access or cybercrime may result in theft, loss, or inability to access accounts, affecting the ability to issue $WB tokens, and White Basics bears no responsibility for such illegal actions.