Legal notices
With a focus on transparency and communication, Ribus, through this document, informs and alerts the following:
This whitepaper was prepared by Ribus Tecnologia Ltda., herein called Ribus, based on some information obtained from third party sources, public or not, published or not, which is subject to change. Ribus assumes no duty or obligation to update such information.
Ribus makes no warranty, express or otherwise, that the information contained in this whitepaper and/or provided to recipients at any time by Ribus or by representatives of Ribus, in writing or otherwise, is complete, accurate and audited. The information contained in this whitepaper is for informational purposes only, and is not and cannot be interpreted and/or used for legal, tax, investment advice, nor as an incentive to buy and sell Ribus' interest.
Reproduction of this whitepaper is prohibited, otherwise the offender will pay compensation for damages.
All statements in this whitepaper represent Ribus' beliefs and opinions as of the present date, cannot be relied upon as statements of fact, and may establish forward-looking statements that are not historical facts. These forward-looking statements, expressed or implied, regarding current expectations are not accurate, as they are only Ribus' estimates, projections, opinions and beliefs, as well as the assumptions on which those statements are based. Words such as "believes", "expects", "endeavours", "anticipates", "intends", "plans", "estimates", "projects", "should" and "objectives" are variations of these and similar words. that identify forward-looking statements. Such statements are forward-looking in nature and involve a number of known and unknown risks, uncertainties and other factors, including those described in this whitepaper. Therefore, actual results may vary materially.
Ribtoken is a digital, encrypted product, which resembles a โvoucherโ or โticketโ for accessing a real estate marketplace platform with real estate services and products, framed in the Utility Token modality. The marketplace is a digital environment, in which people and companies will freely make agreements and business with each other, exploring the real estate utilities of Ribtoken. The marketplace platform is at the beginning of its structuring, therefore, it will undergo updates and modifications over time.
Ribtokens must not be purchased for the purpose of profit or for the purpose of enhancing their own value.
Ribtokens are not payment tokens, they do not represent an investment contract, they are not a form of investment, collective or otherwise, and do not have or offer any redemption rights, in any capacity.
Ribtokens do not grant the right of ownership of assets to their holder, do not provide any right to claim ownership, do not grant corporate rights.
Ribtokens are not linked to any movable or immovable property, and do not provide any type of guarantee, in any capacity.
Ribtokens do not guarantee any return to token holders. Ribus informs does not guarantee the liquidity of Ribus Tokens!
The process of repurchasing and burning Ribtokens is discretionary, that is, Ribus decides, at its own discretion, whether or not to repurchase the tokens, and, if so, under what conditions to repurchase. Ribus has no obligation to the holder of Ribtokens. The purchase of Ribtokens by users, as there is no guarantee, is considered risky and holders run the risk of total and permanent loss.
Given the volatility inherent in the digital asset market, Ribus does not guarantee a minimum or maximum value of the Ribtoken, and the market value of the Ribtoken may rise, remain balanced or fall.
Ribus, aiming at the maintenance and health of its ecosystem, will create and implement limits, "locks", for the transfer of Ribtokens to exchanges, private wallets or internal operations on the platform whenever it deems necessary. Limits may be imposed through Ribtoken percentages or express amounts of Ribtokens. Therefore, users should be aware that there is no guarantee that the Ribtokens will be transferred in their entirety to a private wallet (wallets) or exchanges, that is, users must not buy Ribtokens with the intention of liquidation, but with the intention of enjoying the marketplace and participating in the Ribus ecosystem focused on the real estate market.
The Bonus Program(s), eventually implemented by Ribus, strengthens Ribus' positioning as a utility token, bringing special benefits to tokenists to use the marketplace, obviously, under no circumstances, should, or can be confused, with the so-called โSecurity tokenโ.
The blockchain network brings autonomous responsibilities to the user, therefore, the storage of tokens is the sole responsibility of the holder. Ribus does not recommend storage on exchanges as they are third-party platforms, which are only suitable for trading tokens. Ribus recommends that the custody be done in private wallets for this purpose or by trusted custodians and if possible devices with 2FA (two factor authentication). Ribus recommends that you understand the risks and that you make a backup of your passwords, as it is not possible to recover them in case of loss. Ribus is not responsible for lost wallet passwords.
This whitepaper is not a recommendation to purchase Ribtokens, the entire decision-making process must be operated by the interested acquirer, and Ribus strongly advises that each potential holder do their own research prior to purchasing Ribtokens, read, understand and accept all materials made available by Ribus, especially the Terms of Use, Whitepaper, Litepaper and Privacy Policies.
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