LEGAL DISCLAIMER AND IMPORTANT NOTICE

This white paper (”White Paper”) has been prepared by the KALP Foundation (”Foundation”) solely for informational purposes regarding the Gini token (”Gini”) and its utility within the KALP ecosystem. Readers are advised to carefully review this notice before proceeding.

Utility Token Classification

Gini is designed, intended, and implemented exclusively as a utility token for use within the KALP ecosystem. It is not structured or marketed as an investment product, financial instrument, or security. Gini is specifically designed to be used for accessing services on the Kalp ecosystem, such uses are transaction fees, staking mechanisms and accessing platform specific features to name a few.

Functionality

As of the publication date of this White Paper, the KALP ecosystem is fully functional, and Gini tokens are in circulation. Gini tokens serve as the means to access and utilize specific goods, services, and functionalities within the KALP ecosystem.

No Investment Solicitation

This White Paper does not constitute a prospectus, offering document, or solicitation for investment. The Foundation does not promote or endorse the acquisition of Gini tokens for speculative or investment purposes.

Value Proposition

Any potential appreciation in Gini’s value should be interpreted solely as a result of increased utility and adoption of the KALP ecosystem, not as investment returns or profits. Such appreciation is not promoted or controlled by the Kalp Foundation.

No Equity or Ownership Rights

Gini tokens do not represent or confer any ownership stake, equity, creditor rights, or any form of investment contract. Token holders have no entitlement to profits, dividends, or financial returns, nor do they hold rights to any assets upon liquidation of the Foundation. The sole purpose of Gini tokens is to facilitate interaction within the KALP ecosystem, without any association to profit-sharing or capital gains.”

Secondary Market Disclaimer

The Foundation neither endorses nor promotes secondary market trading of Gini tokens. Gini tokens are intended strictly for use within the KALP ecosystem as utility tokens, and any secondary market trading should not be viewed as an investment opportunity. Such activities are undertaken at the sole discretion and risk of participants, and the Foundation disclaims any responsibility for speculative trading or price fluctuations in secondary markets.

Regulatory Considerations

The regulatory landscape for digital assets, including utility tokens, is evolving. Future regulatory actions or changes may impact the status, functionality, or permissible uses of Gini tokens.

Risk Acknowledgment

Acquisition and utilization of Gini tokens carry inherent risks. Prospective acquirers should conduct their own due diligence and carefully evaluate their specific use case within the KALP ecosystem before obtaining Gini tokens.

No Guarantees

The Foundation makes no representations or warranties, express or implied, regarding the future performance, value, or utility of Gini tokens beyond their current functionality within the KALP ecosystem.

By proceeding to read this White Paper, you acknowledge that you have read, understood, and agree to the terms set forth in this disclaimer. The Foundation reserves the right to update, modify, or revise this disclaimer at any time without prior notice.