The information in this White Paper is subject to change or update, and should not be construed as a commitment, promise, or guarantee by The Battle Infinity or any other individual or organization mentioned in this White Paper regarding the future availability of token-related services, or their future performance or value. Battle Infinity, including the whole project, token, website, smart contracts, and any apps ("IBAT") as stated in this conceptual paper, is not licensed nor regulated, and is not a financial or investment service, nor payment or electronic money service in any country or jurisdiction. Any terminology used in this Whitepaper, on the Website, or inside the app is a descriptive guideline only, and does not constitute regulated, investment or financial services activity. The Battle Infinity smart contracts are open-source, security audited, permanent, and non-modifiable in any way. The IBAT token is strictly a utility token in all jurisdictions and is not and cannot be considered to be a “security” or otherwise regulated token of any kind. IBAT is not in any way e-money and/or fiat money, or an asset-backed stable coin, whether global or limited in scope. This Whitepaper taken by itself is not a contract or a contractual agreement of any kind, nor is it an invitation, solicitation, or offer to invest in Battle Infinity or acquire or use IBAT tokens in any way and with any expectation of profit therefrom. Any user of Battle Infinity represents and warrants that such user has received appropriate technical, administrative, regulatory, and legal advice before and after accessing and/or reading this Whitepaper or the Website, and/or using any portion or element of Battle Infinity (including the IBAT token). The user hereby acknowledges and accepts that there is an inherently high risk in accessing, acquiring, or using any kind of blockchain and/or crypto system, token, platform, software, or interface, including IBAT, and further disavows any claim of any kind against any community member directly or indirectly involved with Battle Infinity, for any damage suffered, including total loss. Battle Infinity is built on Binance smart chain with extremely fast 5-second block times and cheaper gas fees than Ethereum.
Cryptocurrency is unregulated in several jurisdictions. The value of cryptocurrencies may go down as well as up. Any profits may be subject to capital gains tax.