Legal Notice & Disclaimer

Please read this entire section carefully. If you are in any doubt as to the action you should take, please consult your legal, financial, tax or other professional advisor(s).

Legal Statement

• This whitepaper (“Whitepaper”), in its current form, is circulated for general information purposes only in relation to the GEMMA project as presently conceived and is subject to review and revision. Please note that this Whitepaper is a work in progress and the information in this Whitepaper is current only as of the date on the cover hereof. Thereafter, the information, including information concerning their GEMMA business operations and financial conditions, may have changed. The company reserves the right to update the Whitepaper from time to time.

• No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of GEMMA Tokens and no payment is to be accepted on the basis of this Whitepaper. Any sale and purchase of GEMMA Tokens will be governed by a legally binding agreement, the details of which will be made available separately from this Whitepaper. In the event of any inconsistencies between the above mentioned agreement and this Whitepaper, the former shall prevail.

• GEMMA Token is not intended to constitute securities, units in a business trust, or units in a collective investment scheme, each as defined under the Securities its equivalent in any other jurisdiction. This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the issuer/ distributor/vendor of GEMMA Tokens to purchase any GEMMA Tokens 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.

• GEMMA tokens should not be understood, interpreted, classified, or treated as an opportunity for buyers to participate in relation to GEMMA services or to receive return/income/payment/profit on investment or part of the amount thereof.

• The token issuance method specified in this white paper cannot be disseminated in whole or in part, such as reproduction, distribution, etc., in a regulated or prohibited jurisdiction. If you wish to purchase any GEMMA Token, the GEMMA Token are not to be construed, interpreted, classified or treated as:

  • Any kind of currency other than cryptocurrency;

  • Debentures, stocks or shares issued by any entity;

  • Rights, derivatives in respect of such debentures, stocks or shares;

  • Rights under a contract for differences or under any other contract with the purpose or pretended purpose to secure a profit or avoid a loss; or

  • Units or derivatives in a collective investment scheme or business trust, or any other type of securities.

• The distribution or dissemination of this Whitepaper or any part thereof may be prohibited or restricted by the laws or regulatory requirements of any jurisdiction. In the case where restriction applies, you are to inform yourself about, to obtain legal and other relevant advice on, and to observe, any restrictions which are applicable to your possession of this Whitepaper or such part thereof (as the case may be) at your own expense and without liability to GEMMA Token or its representatives, agents, and related companies (“Affiliates”).

• Persons to whom a copy of this Whitepaper has been distributed or disseminated, provided access to or who otherwise have the Whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.

Disclaimer of Liability

• The GEMMA Token and related services provided by GEMMA and its Affiliates are provided on an “as is” and “as available” basis. GEMMA and its Affiliates do not grant any warranties or make any representation, express or implied or otherwise, as to the accessibility, quality, suitability, accuracy, adequacy, or completeness of the GEMMA Token or any related services provided by GEMMA and its Affiliates.

• GEMMA and its affiliates do not describe, guarantee, promise, or claim any authenticity, accuracy, or completeness in any form to any subject or individual, including the information contained in this white paper.

• To the maximum extent permitted by the applicable laws and regulations, GEMMA and its Affiliates shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you.

Cautionary Note on Forward-Looking Statements

• Certain information set forth in this Whitepaper includes forward-looking information regarding the future of the project, future events and projections. These statements are not statements of historical fact and may be identified by but not limited to words and phrases such as “will”, “estimate”, “believe”, “expect”, “project”, “anticipate”, or words of similar meaning. Such forward-looking statements are also included in other publicly available materials such as presentations, interviews, videos etc., information contained in this Whitepaper constitutes forward-looking statements including but not limited to future results, performance, or achievements of GEMMA or its Affiliates.

• The forward-looking statements involve a variety of risks and uncertainties. These statements are not guarantees of future performance and no undue reliance should be placed on them. Should any of these risks or uncertainties materialize, the actual performance and progress of GEMMA or its Affiliates might differ from expectations set by the forward-looking statements. GEMMA or its Affiliates undertake no obligation to update forward-looking statements should there be any change in circumstances. By acting upon forward looking information received from this Whitepaper, GEMMA or its Affiliates’ website and other materials produced by GEMMA or its Affiliates, you personally bear full responsibility in the event where the forward looking statements do not materialize.s of the date of this Whitepaper, the GEMMA service platform has not been completed and is not fully operational. Any description pertaining to and regarding the GEMMA service platform is made on the basis that the GEMMA service platform will be completed and be fully operational. However, this paragraph shall in no way be construed as providing any form of warranty that the GEMMA service platform will eventually be completed or be fully operational.

Potential Risks

• Please carefully read every piece of information, understand and analyze the risks and related factors before deciding to participate and purchase the GEMMA. The risks include, but are not limited to:

  • Risk of losing access to GEMMA Token due to loss of identification information, loss of requisite private key(s) associated with the digital wallet storing the GEMMA Token or any other kind of custodial or purchaser errors;

  • Fluctuations in the value of GEMMA Token post-issuance due to the general global market and economic conditions. Such volatility in the value of the GEMMA Token may lead to GEMMA Token not being able to fund the development of the GEMMA service platform, or may not be able to maintain the GEMMA service platform in the manner intended;

  • Changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which GEMMA or its Affiliates conduct their businesses and operations, and the ability of GEMMA or its Affiliates to survive or compete under such conditions. It is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing, blockchain technology, which may be contrary to the GEMMA Token and/or the GEMMA service platform which may, inter alia, result in substantial modifications of the GEMMA service platform and the GEMMA service project, including termination and loss of GEMMA Token;

  • Changes in the future capital needs of GEMMA or its Affiliates and the availability of financing and capital to fund such needs. A lack of funding could impact the development of the GEMMA service platform and the uses or potential value of the GEMMA Token;

  • For a number of reasons including, but not limited to, an unfavorable fluctuation in the value of GEMMA Token, the failure of business relationships or competing intellectual property claims during development or operation, the GEMMA service platform may no longer be a viable activity and may be dissolved or simply not launched, negatively impacting the GEMMA service platform, the GEMMA Token and the potential utility of the GEMMA Token;

  • The lack of interest from a large number of companies, individuals and other organizations for the GEMMA service platform and services and that there may be limited public interest in the creation and development of distributed applications. Such a lack of interest could lead to a lack of funding and also impact the development of the GEMMA service platform and the uses or potential value of the GEMMA Token;

  • Significant changes made to the features or specifications of the GEMMA Token or the GEMMA service platform before the release or implementation of the GEMMA service project and/or the GEMMA service platform. While GEMMA intends for the GEMMA Token and the GEMMA service platform to function as described in the Whitepaper, GEMMA may nevertheless make such changes.

  • Competition from alternative platforms that may have been established, which could potentially adversely impact the GEMMA Token and the GEMMA service platform (e.g. lack of commercial success or prospects caused by competing projects);

  • Interference with the use of GEMMA Token and the infrastructure of the GEMMA service platform due to any weaknesses or malware that may be intentionally or unintentionally introduced into the software of the GEMMA service platform, whether or not by a third party. The blockchain used for the platform is also vulnerable to attacks which pose a risk to the platform and the performance of related services;

  • Occurrences of catastrophic events, natural disasters and acts of God that affect the businesses or operations of GEMMA or its Affiliates and other factors beyond the control of GEMMA or its Affiliates. This includes mining attacks, attacks by hackers or other individuals that could result in theft or loss of proceeds of the GEMMA Token sale, or the GEMMA Token and impacting the ability to develop the GEMMA service platform.

  • GEMMA Token and other cryptocurrency is a new, untested technology and constantly developing. The full functionality of the GEMMA Token is not yet complete and no warranty can be provided of such completion. As technology matures, developments in cryptographic technologies and techniques or changes in consensus protocol or algorithms could present risks to the GEMMA Token, the GEMMA Token sale, the GEMMA service platform including the utility of the GEMMA Token.

  • The tax and accounting methods of GEMMA tokens are uncertain and may vary from jurisdiction to jurisdiction. The purchase of GEMMA Tokens can negatively affect tax processing, and it is recommended to seek independent tax advice. In addition to these stated risks, there are other risks that GEMMA and affiliates cannot predict. In addition, risks of unexpected combinations and transformation may emerge

• If the above risks and uncertainties develop into a real situation, the business, financial status, operational results, and prospects of GEMMA and affiliates may be affected substantially and negatively. In this case, you may lose a part or all of your GEMMA Token value.

Additional information and updates

GEMMA Tokens, GEMMA NETWORK PTE LTD, and related businesses and operations are not authorized to provide information / explanations other than those contained in this paper, and even if such information / explanations are provided, they should not be considered representative. No information in this white paper is considered business, law, finance, or tax advice for GEMMA Tokens, GEMMA NETWORK PTE LTD, or its affiliates. It is recommended to seek advice from other experts such as law, finance, and tax on GEMMA Tokens, GEMMA NETWORK PTE LTD, and related businesses and operations. The financial risk of purchasing GEMMA Tokens can be applied indefinitely.