Next we'll talk about disclosures, legal stuff and disclaimers. So, generally wise to have a legal disclaimer to talk about what the offering consists of and what it doesn't even want to disclose relevant information. You want to have a privacy policy, which would be a separate form. You want to talk about data usage. And, you know, any competitive advantages you have with respect to the legal landscape, this would be wise to mention that stuff. Going further and illegal.

We can talk about the Saft, which is the basically the contract for future tokens. If that relates to your project, you'd want to mention it. For example, if you have a security the sap can work. If you have a utility, it's kind of like it was a stab at defining a future token as not as you know, not being a security. That's probably not we You want to do, if you are indeed a utility, you want to make some a section where you describe how it is utility angle in it toward that direction. Always consider your jurisdiction and the USA.

Most Icos will be considered security. So it's important to note that sure your understanding of the legal landscape if you do and if you don't, you can get some help. You want to reference information that's relevant to your product with respect to jurisdiction locale whether it's a an investment, whether it's not enough, it's not an investment, it's only platform use. If you need some help, it's good to understand that they are big firms like double blind Clinton and white and case that have done a lot of work in this area. You can see from the links I'll have some good information for you. Um, some Icos skip this section in the white paper, and they have separate documents.

I recommend you have a combination of both if you want Have a broad disclaimer, some risks and then have separate private policy and separate maybe forward looking statements. And going further, you want to discuss the risks in terms of investment if you're security, you want forward looking statements to kind of outline the legal ramifications with respect to your company. Is there a parent company is this where's this company Incorporated, and you want to discuss those things and talk about how they relate to the product. Now, most people put this legal disclaimer in the legal information at the end, because it's kind of, you know, secondary, hey, I want to get you excited about my offering my product, my platform, and then, you know, talk about disclaimers and, but there are examples of it at the top and we'll take a look at some of both. So let's first look at co vesting.

It's a trading platform so they're gonna be into some interesting territory here. So, you know, they start with a disclaimer that this is not an offer for security. That's very safe, you definitely want to do that if it's related to an investment platform, and they advise you to do your own due diligence, that's something you really want to highlight and invite the investor to do his own due diligence. And as you go, this is page four. So they pretty much start here with the legal disclaimer talking about risks, legal considerations, and that you that warning the investor that they need to consult their own professional advisors, as well as legal advisors. And so you have a broad disclaimer about risk about what tokens are any art and also about the included and excluded jurisdictions.

So that's one so let's take a look at Brent Berry, red berry has a legal disclaimer section at the end. And you see clearly legal disclaimer. And it says that they, you know, their utility with no use outside of the platform, so it's pretty clear you can read through this yourself, but it's important to note that they mentioned this as speculative investment in nature, and that's important to put in your paper. Um, they talk about potential action. And then here you go, just caution regarding forward looking statements. So you looking at what you aim to do, what it is what it isn't using the right terminology.

And of course, you may need an attorney, you may be able to at some point, you're gonna need an attorney. But at this point in the beginning, you may be able to figure this out on your own. With the right disclaimers. They talk about the business where it's located. Let's take a look at another and so protocol here has legal note here. So it spans a few pages, but it talks about sharing data.

What happens in the event of change of control, like selling the company so what happens with the data, legal requests, forward looking statements would be allowing tends to looking at the 10 of the company. So this is how they do it. It's about two or three pages at the end. And so looking at med token information Critical chain, they have a legal and crowd sale section within at the end of the paper. So this is a very good example here and I'll attach this one, they have general information. So talking about what they want in the sale, the risks to disclaimer, general knowledge what they undertook as starting a cryptocurrency, you know, the company medical chain as a, um, here you go go down here there's more about not being a financial intermediary considering that they're not an advisor, any legal tax or financial matters, no direct indirect, right?

So you're going to talk about rights. And it's good to know this stuff. Even if you have an attorney, you do want to know what you're agreeing to, um, you know, going forward and then they talk about representations and warranties. And so, basically, they talk about the tax terms and conditions which is something you also want to do is have your own separate terms and conditions. You can navigate this stuff yourself, or you can have an attorney from the beginning, governing law with arbitration. And so this gives you a pretty good idea of the legal and disclaimer section, you can take a look at the examples.

And don't feel Don't be ashamed to get help, because a lot of people don't understand this. And one more looking at Medi block, they have a section. And it's called legal legal disclaimer and legal considerations of it. So they talk about infringement. They talk about the use of data, and how this is very important here that the tokens convey no right or interest in the equity of the company. And so if you don't have an equity token, you want to be clear about that.

And they talk about risk here. Participation in token sale carries substantial risk and could lead to losing all your money. Caution before looking statements. Now you have so there's a few clear examples, a lot of ways of doing it. A lot of ways of doing it. Do your research and understand what you're getting into and feel free to ask for help.