🤫Disclaimer
This whitepaper is not intended to provide advice on whether you should join Quota Digi Co., Ltd. or purchase any QUOTA coins, nor should it be referenced for any contractual agreements or purchasing actions. This document does not constitute an offer for sale or the solicitation of an offer to buy, nor does it constitute any form of contract or commitment.
QUOTA Coin is not planned to constitute securities or any other regulated products in any country or jurisdiction. This whitepaper is not a prospectus or any other securities offering document, nor is it intended to be used for the issue or solicitation of securities or any other regulated products in any country or jurisdiction. This whitepaper has not been reviewed by any regulatory authority in any country or jurisdiction.
QUOTA-QTC Does Not Possess the Following Features:
Represents the equity, control, or obligations of Quota Digi or any other entity within any jurisdiction, or the right to participate in, control, or influence the decision-making processes of the aforementioned entities.
Represents any type of investment
Represents any security that has intrinsic value or market price
Represents goods or assets that someone is obligated to redeem or purchase.
This white paper makes no declarations or warranties to ensure that the information, statements, opinions, or other matters described or conveyed related to this project are correct or complete. It also does not make any declarations or warranties regarding the outcomes or rationality of any forward-looking or conceptual statements, and this lack of declarations and warranties is not limited to the aforementioned matters. Nothing in this white paper should be construed or viewed as any commitment or declaration regarding the future.
To the fullest extent permitted by applicable law, we shall not be liable or responsible for any loss or damage incurred or related to any actions taken in accordance with this whitepaper, whether due to negligence, default, or lack of care.
Tokens are often described as highly sophisticated technical language. Understanding their inherent risks requires a comprehensive understanding of cryptography and computer science.
Some nodes on the internet may be malicious, attempting to exploit the system without contributing anything. Moreover, if penalties are limited, such hackers might try to damage the operating system. Therefore, we need robust safeguards to protect the network from malicious attacks and ensure the security of transactions and the continued existence of the operating system.
Below are listed and discussed potential attacks that threaten the operation of blockchain networks:
Sybil Attack
Malicious nodes may create multiple Sybil identities in an effort to gain more benefits or deceive the target network. Generally speaking, defense mechanisms should establish barriers to prevent Sybil attacks, but it cannot be guaranteed that such barriers will always be effective in stopping Sybil attacks.
Out-of-Work Attack
Although hackers can control many nodes, these nodes can also be used to disrupt a shared computing network. Nodes that are subject to malicious attacks can be called "zombies." The attack methods may involve causing the zombie node to stop working or go on strike once.
Outsourcing Attack
Malicious nodes may outsource their commands to other nodes, which might allow them to reap their intended benefits more easily without using the corresponding computational power.
Quota Digi hereby declares that it is not responsible for any loss or damage (including but not limited to: operational aspects of specific blockchain networks, transactional losses, or uncontrollable factors) arising from or related to the use of our services. Similarly, Quota Digi also disclaims any responsibility for losses or damages related to network attacks or related issues (including but not limited to: theft of personal information), significant fluctuations in transaction volumes, any interruption or termination of the service, and other technical difficulties associated with the service.
Security of Trading Platforms
You acknowledge that information stored or transmitted through Quota Digi's services may be lost, damaged or temporarily inaccessible due to computer software malfunctions, changes in agreements with third-party service providers, network failures, and force majeure events. Force majeure events include, but are not limited to, distributed denial-of-service attacks from third parties, scheduled or unscheduled maintenance, or other reasons within or beyond Quota Digi's control. You bear full responsibility for backing up the aforementioned information.
Issuance of Non
Using and purchasing tokens issued by Quota Digi involves a high degree of financial risk. Quota Digi explicitly states that transactions conducted on the Quota Digi platform do not constitute the issuance of securities under any jurisdictional laws; any documents published on Quota Digi do not constitute solicitation of investment funds.
Regulatory Measures
Cryptocurrencies may be subject to the supervision of one or more regulatory authorities in the current or future jurisdictions. Quota Digi may, at an uncertain point in time, receive letters of inquiry, notifications, warnings, demands, or administrative sanctions from one or more regulatory authorities; it might even be ordered by regulatory authorities to suspend or cease any activities related to its website services. The future development of this service website is highly uncertain and may face severe impediments or even be forced to terminate its services.
Low Liquidity and Price Volatility
Disclaimer on QUOTA Token Market Liquidity and Price Volatility
There exists a potential scenario in which QUOTA tokens might become hard to liquidate or impossible to convert into cash, indicating a future lack of market demand for QUOTA tokens. Quota Digi disclaims any responsibility for the circulation and trading of QUOTA tokens in the market. Tokens similar to QUOTA tokens often endure extreme price volatility within trading markets. Sharp price fluctuations over short periods are common (herein, "price" may refer to valuation in Bitcoin, Ethereum, US dollars, or other fiat currencies). Such volatility may stem from market momentum (including speculative activities), regulatory changes, technological innovations, availability of alternative trading methods, and other objective factors, thereby closely reflecting changes in the supply and demand for QUOTA tokens.
Quota Digi explicitly disclaims any liability for transactions occurring in the secondary market for QUOTA tokens; Quota Digi also disclaims any obligation or intention to intervene or control any price fluctuations of QUOTA tokens. You should proceed with careful due diligence and fully understand that the tokens you acquire might ultimately become unusable or result in a total loss. Quota Digi makes no express or implied warranties regarding the liquidity or value of the tokens. You acknowledge and accept that any QUOTA tokens you hold come with no guaranteed value or warranty.
Compliance with Laws and Regulations
You understand and agree that Quota Digi is not responsible for the choice of governing law for buyer transactions, which may include, but is not limited to, any anti-money laundering laws, securities trading laws, and tax laws. You understand and agree to take responsibility for complying with all applicable laws that may apply to your transactions. Without affecting the foregoing, you understand and agree that you bear full responsibility for any tax liabilities arising from the use of this service; similarly, the buyer understands and agrees that Quota Digi does not directly or indirectly bear any tax liabilities generated by this service.
Compliance with Laws and Regulations
You understand and agree that Quota Digi's records and preservation of customer information may change in accordance with regulatory changes or the latest practical changes, and Quota Digi is not obliged to notify you in advance of such changes. Regulatory orders or administrative actions may require Quota Digi to freeze and/or suspend account changes or transaction activities at the request of government agencies, or to obtain account information. If Quota Digi is compelled to obtain account-related information, you agree that Quota Digi will provide the relevant information to the regulatory authorities. Quota Digi will endeavor to notify you in advance under circumstances consistent with transaction norms, but Quota Digi does not guarantee advance notice.
*Quota Digi reserves the right to amend and change the contents of this whitepaper at any time
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