TERMS AND CONDITIONS
This document describes Scarlett’s current vision for providing opportunities to participate in the real estate maker, which Scarlett plans to diligently pursue and seeks to realize. As Scarlett’s vision depends upon many factors and is subject to many risks, including, without limitation, advances in technology and changes in applicable law, this Whitepaper is subject to the disclaimers contained here in, and Scarlett reserves the right to change, modify, add, or remove portions of this document at any time before, during, and after the sale of SE tokens.
Disclaimer of Liability
Scarlett does not make or purport to make, and hereby disclaims, any representation, warranty, or guarantee of any type or nature what or ever (including those that are implied) to any person or entity, including, without limitation, any representation, warranty, or guarantee arising out of or relating to the truth, accuracy, and precision of any information in this document and the Scarlett ecosystem, or Scarlett Platform, or Scarlett token. To the maximum extent permitted by applicable law, regulations, and rules, Scarlett will not be liable for any indirect, special, incidental, uential, or other losses of any kind, in tort, contract, or otherwise (including, without limitation, loss of revenue, income, or profits, and loss of use or data) arising out of or relating to any acceptance of or reliance on this document or any part thereof by you. This document does not obligate any party to enter into any contract or binding legal commitment or to accept any form of payment for any purpose. Any agreement with Scarlett for the sale and purchase of Scarlett tokens will be governed by the terms of conditions of that agreement, which will prevail over this document.
Not a Securities Offering
The Scarlett tokens are designed as functional utility tokens and are not intended to constitute securities in any jurisdiction. This document or any part of it does not constitute a prospectus or offer document of any type or nature and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. Scarlett intends for Scarlett token holders to use those tokens to participate in the developing of the Scarlett ecosystem and platform and receive the benefits of landlords in the residential real estate rental market without incurring the substantial investment of acquiring residential property. If the Scarlett ecosystem, Scarlett platform, and SE token are successfully developed, whether a Scarlett token holder successfully receives any returns as a landlord and the amount of those returns depends upon the decisions of the Scarlett token holder, including, without limitation, in proposing, obtaining information on, and voting on properties that Scarlett acquires, in proposing, obtaining information on, and voting on potential renters, in proposing, obtaining information on, and voting on rental contract terms and conditions, individually deciding whether and how to select, bid on, and stake tokens to obtain rents received from rental contracts for Scarlett residential real properties, providing feedback on the Scarlett ecosystem, Scarlett platform, rental properties, and deciding whether to participate in any of these activities at all. Scarlett token holders do not have any ownership or equity interest in Scarlett, are not entitled to the profits or losses or assets or liabilities of Scarlett, are not creditors or lenders of Scarlett, cannot claim in bankruptcy as equity interest holders or creditors of Scarlett, and are not entitled to any repayment from Scarlett. Scarlett token holders are provided with the opportunity to use their knowledge, time, and financial resources and improve the Scarlett ecosystem and Scarlett platform and pursue returns with SE Tokens as desired pursuant to their investment strategies.
Risks and Uncertainties
Prospective purchasers of Scarlett tokens should carefully consider and evaluate all risks and uncertainties associated with Scarlett, the Scarlett ecosystem, Scarlett platform, the SE token, the SE token generation event, and the terms and conditions of any agreement with Scarlett for the sale and purchase of SE tokens before purchasing and SE tokens. These risks and uncertainties may include, without limitation, the following risks relating to the value of the SE tokens because a market for SE tokens does not currently exist and because SE tokens do not provide any rights Scarlett for profits, assets, btcy claims, or repayment; risk relating to residential real estate rental markets and competitive conditions; risks relating to blockchain technology and software, including delays, interruptions, errors, losses, advances, and changes; security risks to your access and use of a digital wallet and blockchain applications; risk relating to platform development and implementation of business strategies, including, reliance on its personnel and third-party service providers; political or government risk, including changes to applicable laws, regulations, and rules, and enforcement actions. If any such risks and uncertainties arises, such events may materially and adversely affect Scarlett, and you may lose all or part of the value of the SE Tokens.
This document does not constitute any legal, tax, regulatory, financial, accounting, or other advice, and is not intended to provide the sole basis for any evaluation of Scarlett, SE tokens, the Scarlett ecosystem, or the Scarlett platform. Before acquiring SE tokens, a prospective purchaser should consult legal, investment, tax, accounting, and other advisors to determine the potential benefits, burdens, and other consequences of such transaction, Scarlett, SE tokens, the Scarlett ecosystem, and the Scarlett platform