YUM is a digital token launched on XRPL (XRP Ledger). YUM has no functions, no utility and no intrinsic value, no promise or expectation of any financial return, profit, interest or dividend.
There is no roadmap or timeline and there is no promise or expectation that any ecosystem will even be developed for YUM.
To exclude any doubt, and without limiting the generality of the above, YUM is not, and is 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;
be designed or intended to be used by any person as payment for any goods or services, whether through the Lingon Valley or otherwise;
entitle holders to exchange YUM for goods or services;
be a representation of money (including e-money);
be a digital representation of a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;
be a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;
represent any shareholding, participation, right (including but not limited to voting rights), title, stake or interest in, or right to participate in business operations of any entity, enterprise or undertaking (including without limitation any member of the Lingon Valley);
represent any entitlement to any voting rights in respect of the YUM token ecosystem as described on the websites, yum.run and any webpages hosted thereon (“Websites”) as a whole;
represent any entitlement to fees, dividends, revenue, profits or investment returns;
represent any rights under a contract for differences or under any other contract the purpose or purported purpose of which is to secure a profit or avoid a loss;
be refundable or exchangeable for cash (or its equivalent value in any other digital asset); and/or
represent any indebtedness.
Do note, there is no guarantee and no commitment to list YUM on any exchange.
This document, referred to as the Whitepaper, and the associated Websites are intended purely for informational purposes. They do not constitute a prospectus, an offer document, or an offer of securities, digital payment tokens, or any capital markets products. They are not solicitations for investments or any offer to sell a product, instrument, or asset, whether digital or otherwise. The information provided is not exhaustive and does not form a contractual relationship. There is no guarantee provided about the accuracy or completeness of this information, and no representation, warranty, or claim is made or implied regarding its accuracy or completeness.
Nothing in this Whitepaper or the associated Websites constitutes an offer from Lingon Valley, its affiliates, or related entities to sell YUM tokens, nor shall it or any part of it nor fact or form of its presentation create the basis of, or be relied upon in relation to any contract or investment decision.
Nothing contained in the Whitepaper or the Websites is or may be relied upon as a promise, representation or undertaking as to the future performance of the Lingon Valley.
The information set out in the Whitepaper and the Websites is for community discussion only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition or receipt of YUM, and no digital asset or other form of payment is to be accepted on the basis of the Whitepaper or the Websites. The agreement for distribution of YUM and/or continued holding of YUM shall be governed by a separate set of terms and conditions setting out the terms of such distribution and/or continued holding of YUM which shall be separately provided to you or made available on the Websites in due course.
No regulatory authority has examined or approved, whether formally or informally, any of the information set out in the Whitepaper or the Websites. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Whitepaper or the Websites does not imply that the applicable laws, regulatory requirements or rules have been complied with.
The information in this Whitepaper is accurate only as of the document version stated on the cover. Information or details about any token sale, YUM functions, information in regards to business operations, financial conditions and future planning of Lingon Valley may change over time and the information contained in this Whitepaper or the Websites may become outdated as a result and none of the members of Lingon Valley is under no obligation to update or correct this document.
This Whitepaper is not a binding commitment. Please do not rely on the information herein when deciding whether to purchase YUM tokens. The development, release, and timing of any products, features or functionality are solely at Lingon Valley' discretion and is subject to change. The Whitepaper and associated websites may be amended or replaced periodically. There are no obligations to update the Whitepaper or the Websites, or to provide recipients with access to any information beyond what is included here.