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Legal

Risks​

important

It’s important to understand that participation in the Sibe protocol has some risks, which in the worst case may be the reason you lose all of your funds invested in Sibe. Before starting, you need to acknowledge that there are the following risks:

  • Since distributed ledger technology is still not all settled in the legal field, the regulatory status of Sibe is unclear. There is no possibility to know for sure what kind of changes in law and regulations may appear in the future that can affect the legality of operations.

  • Sibe protocol is still growing and developing. Even though we will do our best to keep in touch about our updates, there still may appear to be information disclosure to be insufficient. To sum up, this documentation has the most current information about the project, but it still can be adjusted, and modified by the team in the future.

  • Considering the fact that the industry is getting more and more competitive, and the market of decentralized apps and networks is rapidly growing, there is a possibility that alternative networks are using the same or similar code and instruments to build their product.

  • Unfortunately, many different unpredictable aspects can have a bad influence on the future of the project. For example, unbearable technical difficulties or shortage of funds.

  • Not to forget, there is always a possibility that there may be an attempt to interfere with Sibe from external sources, which may lead to some safety issues.

  • To our regret, this list of risks is not exhaustive. More of those may appear as combinations of already mentioned ones or as unexpected variations.

Disclaimer​

caution

None of the following information is equal to legal, financial, business, or tax advice. Before starting any activity related to mentioned here, please, consult your professional advisors. None of the people who took part in the creation of Sibe are responsible for any kind of damage or loss that may occur due to using any of Sibe documentation or product.

Sibe doesn’t serve as a financial adviser and only acts as a third party in regards to token distribution. The source code will be developed and contributed by the company.

Sibe fully disclaims any liability to legal entities or individuals, representations, and warranties (including those relating to the completeness and accuracy of the information in this documentation or any other information that the company provides).

The documentation is a source of general information and does not act as a document or an offer to sell any product.

None of the information contained herein or in general relating to the Sibe has been verified or approved by any regulatory authority.Moreover, no such action is planned to be taken.Documentation or website does not imply that all laws and regulations have been followed.