# Disclaimers

&#x20;$Captain is neither a licensed nor exempted financial or payment service in any jurisdiction. Terms utilized in this whitepaper or on the associated website are used descriptively, without binding legal implications as they might have in regulated financial environments.  $Captain operates solely as a utility token without recognition as a security or any regulated token form across jurisdictions. This whitepaper, in isolation, doesn't represent a contractual commitment or offer of any kind, nor is it a solicitation or invitation to invest in  $Captain or to procure or use its  $Captain tokens with anticipations of any profit.


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