BKP, including but not limited to the overall project, token, website, smart contracts and any apps (“BKP”) as presented in this conceptual paper is not a licensed, unlicensed or exempted financial or payment service of any kind and in any jurisdiction. Any terminology used in this Whitepaper, on the Website or within the app is intended only as a basic reference, without any corrective or legal meaning of the same terms in a regulated and/or financial environment.

BKP is decentralized and community driven project and does not have owners, shareholders, promoters, marketers, managers, directors or other figures or entities exerting any form of governance. The BKP smart contracts are open-source, security audited, permanent and non-modifiable in any way. The BKP 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. BKP 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 BKP or acquire or use BKP tokens in any way and with any expectation of profit therefrom. Any user of BKP 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 BKP (including the BKP token).

The user hereby acknowledges and accepts that there is an inherent high risk in accessing, acquiring or using any kind of blockchain and/or crypto system, token, platform, software or interface, including BKP, and further disavows any claim of any kind against any community member directly or indirectly involved with BKP, for any damage occurred, including total loss.