This White Paper has been issued by Bancc (the “Company”) on June the 6th, 2022. This White Paper describes the Company’s business objectives and the generation by the Company of Bancc tokens, and may not be complete or final.The purpose of this White Paper is to provide prospective purchasers with the information on the Company’s project to allow the prospective purchasers to make their own decision as to whether or not it wishes to proceed with the purchase of Bancc coins. This White Paper is not intended to be an offer to sell, or a solicitation of an offer to buy, any security or other financial instruments. The offering of Bancc coin has not been registered, qualified, or approved under any securities, futures, financial instruments, capital markets, or exchange control legislation, regulation, or ordinance of any jurisdiction. The Company has taken reasonable care to ensure that, as at the date of this White Paper, the information contained herein is accurate to the best of its knowledge. The information contained in this White Paper may be subject to modification, supplementation, and amendment at any time and from time to time. The Company does not make any representation or warranty as to the accuracy or completeness of the information contained in this White Paper and the Company has no obligation to update or keep current any information or projections contained herein.The publication of this White Paper and the offering of Bancc coins may be restricted in certain jurisdictions. It is the responsibility of any person in possession of this White Paper and any persons wishing to make an application for Bancc Tokens to inform themselves of, and to observe, any and all laws and regulations that may be applicable to them.
This White Paper does not contain all material information regarding the risks associated with the purchase of digital tokens. The buying of digital tokens, like the Bancc coins, is speculative and involves risks, which you should understand prior to making your decision to buy. Prospective purchasers should only purchase Bancc coins if they can afford a complete loss. Unless prospective purchasers fully understand and accept the nature of and the potential risks inherent in the purchase of Bancc coins they should not purchase Bancc tokens. Prospective purchasers should conduct independent investigations and analysis regarding the Company, the Bancc tokens and all other market and economic factors as they deem appropriate to fully evaluate the merits and risks of their purchase. Prospective purchasers should consult with their own legal, regulatory, tax, business, financial and accounting professional advisors to the extent that they deem it necessary. Prospective purchasers must determine based on its own independent review and such professional advice as it deems necessary, if the purchase of the Bancc coins is appropriate and suitable for it, notwithstanding the clear and substantial risks inherent with the purchase of Bancc tokens.The purchase of Bancc coins is only possible after the prospective purchaser has read, understood and accepted the terms for the Bancc coin sale (available upon request to the Company). Each prospective purchaser will be required to acknowledge that it made an independent decision to purchase the Bancc coins and that it is not relying, in any manner whatsoever, on the Company, its board of directors or any other person or entity (other than such purchaser’s own advisers).The Company and its board of directors do not accept any responsibility or liability for any use of this White Paper by any person which is in breach of any local regulatory requirements with regard to the distribution of this White Paper or any applicable rules pertaining to the offer of Bancc coins.