Obligation of legal notice

  1. 1.
    This light paper aims to explain the "Baby Shark Universe" service and may be reviewed and modified according to the project schedule, progress, and other factors.
  2. 2.
    The version of this light paper was prepared as of the date indicated at the top of the document, and its content reflects only the business direction and progress up to that date, which may change after the date of writing.
  3. 3.
    The content of the version of this light paper can be changed and updated irregularly when modification is deemed necessary.
  4. 4.
    The light paper is not prepared for the purpose of raising or receiving funds; therefore, raising or receiving funds based on this light paper is not allowed, and the act of sending this light paper cannot be understood as a purchase offer.
  5. 5.
    The light paper was not prepared to propose investments, or recruit investors; therefore, this light paper cannot be understood as an investment proposal or investor recruitment by any geographical or environmental factors.
  6. 6.
    The distribution of coins in the light paper follows a separate process from that mentioned in the light paper, and the details of coin distribution are in accordance with the contract of coin distribution. If the contents of this light paper and the contents of the contract do not match or are in conflict with one another, the contents of the contract take precedence.
  7. 7.
    In countries and regions where the content of this light paper is illegal, the light paper must not be reproduced, modified, or distributed in whole or in part. In addition, if people in countries or regions where the content of this light paper is illegal make an investment with knowledge of the content, such investment is at their own risk and the foundation does not take any legal responsibility for it.
  8. 8.
    The coin defined by the light paper cannot be interpreted as a financial investment product, which includes bonds, stocks, securities, options, and derivatives, and one cannot claim their rights to any of the above under any circumstances. The coin in this light paper does not guarantee income and profit, such as financial interest, under any circumstances. In addition, the purchaser of coins should not interpret the act of purchasing the coins as an act for investment and profit creation under any circumstances, and no one should be understood or recognized as an entity that can obtain financial income such as investment profits and interest.
  9. 9.
    The coin of the light paper is considered to be fully functional at the moment of transaction.
  10. 10.
    The light paper does not guarantee the integrity of the business promoted by the coin of the light paper, and contract parties who want to use the coin provide the service of the coin to the extent possible. The light paper is not responsible for errors and schedule delays that may occur during the service provision and development process, and no one can be held liable for them.
  11. 11.
    The light paper includes future plans and is prepared based on the realization of the plans. However, the plans are not guaranteed, and the light paper does not guarantee the future integrity of the service after its development.
  12. 12.
    The content of this light paper should not be interpreted as legal, financial, accounting, or taxation-related advice, and while purchasing and using the coins, separate legal, financial, accounting, or taxation-related issues may occur under the policies and laws of each country and region. Purchasers and users may require separate advice, and we are not responsible for these matters.
  13. 13.
    The creation of the ecosystem may be delayed or other tangible and intangible losses may occur due to unintended reasons such as system attacks from third parties, natural disasters and force majeure.
  14. 14.
    We are not responsible for the risk caused by the purchaser’s mismanagement of their personal key due to loss or leakage.
  15. 15.
    The service is not free from all risks, including a drop in coin value, changes in the market environment, uncertainty, political risks, and market competition, which may cause development to stop or change the direction and plan of the service.
  16. 16.
    The technology is still under development, and the changes in technology during the development may have a negative impact.
  17. 17.
    All decisions, including the operation policy and suspension of the ecosystem operation, are not delegated or transferred to others, and all decisions are made at discretion.