The law and regulation of token offerings is in the process of development and review in most jurisdictions. This lack of clarity surrounding the law and regulation further increases the risk associated with the HOT™ Token purchase. As a potential purchaser it is assumed that you have familiarized yourself with the underlying technology and workings of token purchases, blockchain technology, digital wallets and cryptocurrency. It is assumed that you as a potential purchaser have knowledge and understanding of the foregoing and that you have familiarized yourself with the risks associated therewith.
Any agreement between you and HotNow and/or any distributor, in relation to the sale and purchase of the HOT™ Token will be governed by a separate Token Sale Agreement setting out the terms and conditions of such agreement. In the event of any inconsistencies between the Token Sale Agreement and this Whitepaper, the Token Sale Agreement shall prevail.