DISCLAIMER
Nothing herein constitutes legal, financial, business, investment or tax advise and you should consult your own legal, financial, business investment, tax or other professional advisor(s) before engaging in any activity in connection herewith. Nektar, Nektar UG (operating under Coinanalyst UG) or the Nektar IBC (hereafter and together referred to as Nektar), the World Sports Alliance (Alliance), the International Innovation Agency (Agency) and any appointed persons, developers, service providers or any third party, in any capacity whatsoever who has worked on this document or the Nektar ecosystem shall be liable for any kind of direct or indirect damage or loss whatsoever from any direct or indirect party in connection with accessing this document, the www.nek-tar.ch , www.nek-tar.com, www.wsaigo.org, www.iinnovation.agency websites (Websites) or any other websites or materials published by Nektar, the Alliance or the Agency.
NEW TECHNOLOGIES
The Nektar ecosystem is new and the technologies comprising the Nektar ecosystem, including the Nektar token and Nektar ID, are experimental in nature. There is therefore no guarantee that the Nektar ecosystem will operate as planned. While technologies being used have been extensively tested, the systems and softwares used for the Nektar ecosystem are still relatively new and could have bugs or security vulnerabilities. Further, the systems and softwares are still under development and may undergo significant changes over time that may not meet users’ expectations.
Crypto products are generally highly risky and their regulatory treatment is unsettled in many jurisdictions. There may be no regulatory recourse for any loss from transactions in Nektar tokens. There is currently no market for the Nektar token and one may never develop. It may be difficult or even impossible for token holders to sell the Nektar token. Resale of the Nektar token will require the availability of a market. In addition, holding, buying, or selling Nektar tokens may not be permitted where you live and it is your responsibility to comply with all applicable laws. Any value ascribed to Nektar tokens may change quickly and may be lost in its entirety.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The Light Paper as well as any documents and statements made in press releases or in any place accessible by the public and oral statements contains projections and forward-looking statements related to Nektar, the Alliance and the Agency that are subject to known and unknown risks, uncertainties and other important factors. These projections and forward-looking statements (including statements regarding intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices) reflect managements’ current views and estimates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. You are cautioned not to place undue reliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results to be materially different from that described by such forward-looking statements.
Nektar, the Alliance and the Agency strategic plans, future results or operational structure may vary materially from the strategic plans, operational structure or results expressed in, or implied by, the plans, structure, projections and forward-looking statements contained in this document. Potential risks and uncertainties include, in particular, factors such as general economic conditions and foreign exchange, clients’ needs, supplemental terms and interest rate fluctuations as well as legal, social, political and regulatory developments. Nektar has no obligations to update or alter its forward-looking statements based on new information, future events or other factors.
This presentation and the information contained herein are provided solely for information purposes, and are not to be construed as a solicitation of an offer to buy or sell any securities, product, item or asset (whether digital or otherwise) or other financial instruments in any jurisdiction, in particular Switzerland and the United States. No investment decision relating to securities or financial instruments relating to Nektar, the Alliance or the Agency, its affiliates or parent organizations should be made on the basis of this document. No representation or warranty is made or implied concerning the information contained herein, and Nektar assumes no responsibility for the accuracy, completeness, reliability or comparability thereof. Information relating to third parties is based solely on available information which is considered to be reliable. Nektar undertakes no obligation to update or revise its forward-looking statements if circumstances or the managements’ estimates or opinions should change except as required by applicable German and Swiss laws or regulations or by internal regulations adopted by the General Assembly, the Board of Director or the Board of Governors of the Alliance, the Agency or Nektar, as the case may be.
REGULATORY APPROVAL
Nektar is solely responsible for the content of this document. In preparing this document and its strategy or by making designation or reference to a particular territory, or geographic area in its documents, Nektar has not deem to have intended to make any judgment as to the legal, regulatory or other status of any territory or area. This document and the Light Paper have not been examined, reviewed or approved by any competent authority in any Member-State of the European Union, the Alliance or the Agency. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction unless German and Swiss laws and regulations or the internal regulations adopted by the General Assembly, the Board of Director or the Board of Governors of the Alliance, the Agency or Nektar, as the case may be, require so. The publication, distribution or dissemination of the document or the Websites do not imply that applicable laws, regulatory requirements or rules have been complied with.
PROJECT ROADMAP
The project roadmap in the Light Paper is being shared in order to outline the current status of Nektar as well as some of the plans of the Nektar Ecosystem and is provided solely for informational purposes and does not constitute any binding commitment. Please do not rely on this information in making decisions that relates to the Nektar ecosystem because ultimately, further development, release, and timing of any products, features or functionality remains at the sole discretion of Nektar or their respective affiliates, and is subject to change. Further, the Light Paper or the Websites may be amended or replaced from time to time. There are no obligations to update the Light Paper or the Websites, or to provide recipients with access to any information beyond what is provided herein.
TOKEN FEATURES
The native utility token of the Nektar ecosystem is the Nektar token. It is designed and intended to be used solely as the primary utility token of the ecosystem. The Nektar ID is designed and intended to be used solely as the future governance token of the Nektar ecosystem. Nektar tokens may only be utilized on the Nektar ecosystem. Ownership of Nektar tokens carry no rights, express or implied, other than the right to use Nektar tokens as a mean to consume and access Nektar systems and services. The purpose of the Nektar token is to provide a convenient and secure mode of payment to consume systems and services provided by Nektar. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by Nektar.
DISCLAIMERS ABOUT THE NEKTAR TOKEN
The Nektar token is classified as a utility token in accordance with BaFin, the financial regulatory authority for Germany (Bundesanstalt für Finanzdienstleistungsaufsicht). To the best of the knowledge of the management, the information presented in this document complies with Title II of Regulation (EU) 2023/1114), are fair, clear and not misleading and this Light Paper makes no omission likely to affect its import.
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The Nektar token does not have any intrinsic value. It may lose its value in part or in full;
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The Nektar token is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme or any other kind of financial instrument or investment. Nektar tokens are not intended to constitute securities in any relevant jurisdiction. They may also not be exchangeable against the good or service described herein, especially in case of failure or discontinuation of the Nektar systems ;
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The Nektar token is non-refundable and cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any payment obligation by Nektar or any of its respective affiliates. It may also may not always be transferrable or liquid. As such, Nektar will not refund the purchase price or earned price of the Nektar token ;
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Nektar tokens are not intended for speculation and hold no claim to intellectual or other property or cash flows. Their entire value derives from the multi-services provided by Nektar. They grant no claim in decision making over the Nektar assets or strategy. There is no promise of value beyond usage value, nor any claim on assets or revenue associated with Nektar ;
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The Nektar token is not a loan to Nektar or any of its respective affiliates, it is not intended to represent a debt owed by Nektar or any of its respective affiliates, and there is no expectation of profit. Holding Nektar tokens does not provide the token holder with any ownership or other interest in Nektar or any of its respective affiliates nor does it entitle token holders to any promise of fees, dividends, revenue, profits or investment returns. Nektar tokens are not intended to constitute securities in any relevant jurisdiction;
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In addition, holding a Nektar token does not entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in any relevant jurisdiction, nor does the Nektar token intend to represent or confer on the token holder any right of any form with respect to Nektar or any of its respective affiliates, or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or license rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the Nektar Terminal, portal and/or their service providers.
The document and Websites may be translated into a language other than English for reference purpose only. In the event of conflict or ambiguity between the English and translated version, the English version shall prevail.
IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) AND SHOULD NOT USE THE NEKTAR SYSTEMS
Nektar : 5.5.2025
For more information : legal1@nek-tar.ch
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