Disclaimer

This Whitepaper and any other documents published in association with this Whitepaper relate to the intended development and use of the Fruits Eco-Blockchain Project (the “FRUITS Platform”). They are for information purposes only and may be subject to change. Please do not replicate or distribute any part of this Whitepaper without this Disclaimer and the Risks and Disclosures at the end in accompaniment.

This Whitepaper Describes A Future Project

This Whitepaper is a draft and subject to further legal and regulatory advice. It contains forward-looking statements that are based on the beliefs of FRUITS WORLD FOUNDATION PTE. LTD., a company incorporated and existing under the laws of Singapore (the “Company”), as well as certain assumptions made by and information available to the Company.

The FRUITS Platform, as envisaged in this Whitepaper is under development and is being updated continuously, including but not limited to essential governance and technical features. FRTS (the “Coin”) involve and relate to the development and use of experimental software and technologies that may not come to fruition or achieve the objectives specified in this Whitepaper.

If and when the FRUITS Platform is completed, it may differ significantly from the network set out in this Whitepaper. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future. No part of this Whitepaper is intended to create legal relations between a recipient of this Whitepaper and the Company or to be legally binding or enforceable by such recipient against the Company.

Regulatory licenses and/or approvals in respect of the FRUITS Platform are likely to be required in some relevant jurisdictions in which the Company intends to operate. It is not possible to guarantee, and the Company does not make any assurances, that any such licenses or approvals will be obtained within a particular timeframe or at all. This means that the platform may not be available in certain markets, or at all. This could require a fundamental restructuring of the Fruits Platform and/or its unavailability. The Company intends to operate in full compliance with applicable laws and regulations and obtain the necessary licenses and approvals in key markets.

Disclaimer Of Liability

To the maximum extent permitted by all applicable laws, regulations, and rules, the Company or any of its affiliates shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you or any person to whom you transmit any part of the Whitepaper to (whether authorized or unauthorized by the Company or any of its affiliates).

No Representations And Warranties

None of the Company or its affiliates makes or purports to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in this Whitepaper.

No Offer Of Regulated Products Or Registration

The Coins or any other coins that operate on the FRUITS Platform are not intended to represent a security or any other regulated product in any jurisdiction. This document does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase are not intended to be a financial service offering document or a prospectus of any sort. The Coins do not represent equity, shares, units, royalties or rights to capital, profit, returns or income in the platform or software or any company or intellectual property associated with the FRUITS Platform or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction.

No regulatory authority has examined or approved of any of the information set out in this Whitepaper. The publication, distribution or dissemination of this Whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with.

This Whitepaper Is Not Advice

No information in this Whitepaper should be considered business, legal, financial or tax advice regarding the Company and/or its affiliates, the Coins, and/or the FRUITS Platform. You should consult your own legal, financial, tax or other professional advisers regarding the Company and/or its affiliates and their respective business and operations, the Coins, and the FRUITS Platform before determining whether to purchase the Coins or otherwise participate in the FRUITS Platform. You should be aware that you may be required to bear the financial risk of any purchase of the Coins for an indefinite period. None of the advisors engaged by us has made or purports to make any statement in the Whitepaper or any statement upon which a statement in the Whitepaper is based, and each of them makes no representation regarding any statement in the Whitepaper and to the maximum extent permitted by law, expressly disclaims and takes no responsibility for any liability to any person which is based on, or arises out of, any statement, information or opinions in, or omission from, the Whitepaper.

Restrictions On Distribution And Dissemination

The distribution or dissemination of this Whitepaper or any part thereof may be prohibited or restricted by the laws, regulatory requirements, and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about and to observe, any restrictions which apply to your possession of this Whitepaper or such part thereof (as the case may be) at your own expense and without liability to the Company and/or its affiliates. Persons to whom a copy of this Whitepaper has been distributed or disseminated, provided access to or who otherwise have the Whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute this Whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.

Risk Warning

Prospective purchasers of the Coins should carefully consider and evaluate all risks and uncertainties associated with the Company and/or its affiliates and their respective business and operations, the Coins, and the FRUITS Platform, all information set out in this Whitepaper and the coins sale terms before any purchase of the Coins. Further details of the risk factors are set out in the following section entitled “Risks and Disclosures.” If any of such risks and uncertainties develop into actual events, the business, financial condition, results of operations and prospects of the Company and/or its affiliates could be materially and adversely affected. In such cases, you may lose all or part of the value of the Coins.