Terms of Use

Effective date: September 08, 2018

PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. 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).

This Web site (bitcab.io) describes the anticipated plans of BitCab Development LLC (the “Foundation”) and its affiliates (together, “BitCab”) for developing a ride-sharing platform ecosystem enabled by tokenization (the “Platform”). Two classes of tokens (together, the “Tokens”) will be used on the Platform, as described in detail further herein.

Certain information set forth in this Web site, to the extent that it does not relate strictly to historical or current facts, constitutes “forward-looking statements”. These statements can be identified by the words “may”, “will”, “could”, “should”, “would”, “believe”, “expect”, “anticipate”, “estimate”, “intend”, “plan”, or other words or expressions of similar meaning. Although such forward-looking statements are based upon what BitCab believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as known and unknown risks and uncertainties may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Thus, such statements are not guarantees of future performance and undue reliance should not be placed on them. Nothing in this Web site should be treated or read as a guarantee or promise of how BitCab business, the Platform or the Tokens will develop, or of the utility or value of the Platform or the Tokens. This Web site outlines current plans of BitCab, which could change at its discretion, and the success of which will depend on many factors outside BitCab’s control, including factors within the cryptocurrency industry.

This Web site has been created for informative purposes only. BitCab makes no representations or warranties (whether express or implied), and disclaims all liability arising from any information stated herein. No regulatory authority has examined or approved of any of the information set out in this Web site. The publication, distribution or dissemination of this Web Site does not imply compliance with any applicable laws, regulatory requirements or rules. The Platform ecosystem includes a wide range of participants executing different roles. Given current regulatory uncertainty, BitCab shall not be held liable for execution by the participants of any roles in the Platform ecosystem. The participants shall take full responsibility for the compliance with statutory requirements applicable to them, and shall hold BitCab harmless against any losses, damages or costs any participant suffers or incurs arising out of, relating to, or in connection with possible breach by such participant of applicable laws or requirements while executing any role on the Platform.

Purchasing the Tokens or any related instrument is subject to many potential risks. We do not recommend purchasing the Tokens for speculative investment purposes. The Tokens are not equated with participation in the Foundation and the Token holders have no equity, governance, or any other rights in the Foundation. We do not recommend purchasing the Tokens unless you have prior experience with cryptographic tokens and blockchain-based software. Purchasers of the Tokens and related instruments could lose all or some of the value of the funds used for their purchases.