This campaign or advertisement has not been reviewed or endorsed by the Monetary Authority of Singapore and does not constitute a regulated service or promotion under the Payment Services Act. In Singapore, Eqonex Capital Pte. Ltd. has been granted an exemption from holding a licence under the Payment Services Act for the specific payment services for a specified period until the licence is granted.
This campaign or advertisement does not constitute a solicitation or an offer to acquire, maintain, sell or buy any security, investment product, or financial instrument. EQO tokens are not securities in EQONEX Group, nor do they convey any ownership or any voting rights in relation to any of the entities in the EQONEX Group or any of its products.
This campaign or advertisement should not be relied upon for decisions relating to the purchase or sale of EQO tokens, nor does it constitute financial, trading, or investment advice or recommendations by the EQONEX Group, its affiliates, officers, directors, managers, employees, agents, advisors, or consultants.
Any statements of the regulatory position of EQO are subject to change, whether due to changes in law, in the opinions of relevant regulators, or because jurisdictions choose to apply existing regulations on, or introduce new regulations addressing inter alia blockchain technology, which affect EQO.
EQO tokens do not guarantee any fixed or floating returns. Purchasing EQO tokens involves substantial risk which may lead to a loss of capital. In the event that any party would like to purchase such tokens, the said party should take into account the risks, including those listed in any other documentation. The purchaser should not purchase the tokens for speculative or investment purposes, and should only do so if they fully understand the nature of the tokens and accept the risks inherent to them.
Any party who wishes to purchase and/or hold EQO tokens must ensure that appropriate precautions are taken to secure their funds. As with other technological solutions, tokens may be a prime target subject to exploitation, expropriation and/or theft. Hackers or other malicious groups or organisations may attempt to interfere with our systems or the Ethereum network in various ways, including malware, consensus, sybil, phishing, smurfing, and/or denial-of-service (DDoS) attacks. There may also be attempts to remove the party’s access or control over their cryptographic functions via spoofing and smurfing hacks. Should such an event occur, the entities in the EQONEX Group do not guarantee a remedy, and holders of EQO tokens are not guaranteed any remedy, refund, or compensation.
Any party who purchases and/or hold EQO tokens are responsible for their adherence to their local and foreign laws. The entities in the EQONEX Group shall not be held responsible for any loss or damages in the event that any such parties violate such laws.
EQO token holders have no rights to require the issuer to redeem their tokens at any value or at any time. The value of the token will fluctuate, perhaps significantly over short periods of time, in accordance to various market forces and parameters, technical advancements, and economic and political factors, and is not guaranteed by the entities in the EQONEX Group in any way.
The tax treatment and accounting of EQO is uncertain and may vary amongst jurisdictions. Holders of EQO must seek independent tax advice in connection with EQO, which may result in adverse tax consequences.
Cryptographic tokens such as EQO are a new and relatively untested technology. In addition to the risks noted above, there are other risks associated with EQO that the entities in the EQONEX Group cannot anticipate. Such risks may further materialise as unanticipated variations or combinations of the risks set out herein.
EQO relies on the public Ethereum blockchain, which is still in a relatively early development stage and is unproven for this purpose. Any malfunction, flaws, breakdown or abandonment of the Ethereum blockchain may have a material adverse effect on EQO. Furthermore, developments in cryptographic technologies and techniques or changes in consensus protocol or algorithms could present risks to EQO. There are a variety of possible cryptographic consensus mechanisms, such as “proof of work” and “proof of stake” which may be used either now or in the future, and risks which may arise if there is any improper implementation of such consensus mechanisms, and unanticipated adverse effects may arise from these such consensus mechanisms.