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Nimbus Token, LLC is closing. Continue reading for details on ETH being returned to those that purchased NIM.

It is with the deepest regrets that we are announcing the closure of Nimbus Token. We do not believe our business model is no longer sustainable, or even possible within the jurisdiction of America’s SEC and their new statement concerning cryptocurrencies. 

Our model depends on the tokenization of the presales of goods and services. For us. We continue to see a movement of SEC actions to see all cryptocurrency tokens as an asset. However much we disagree with a stance of all tokens being assets, we do not have the funds to prove our position in a court of law. Coindesk has a good article on the SEC’s November 16th Statement on Digital Asset Securities Issuance and Trading.

Starting on December 3rd, 2018, we will be returning all ETH back to our customers. To facilitate the return of your ETH, please fill out this form (link). At this time ETH can only be returned to the purchasing wallet. 

We believe the idea of Nimbus Token and the new type of token, the product token, are a really good idea. With that in mind Nimbus Token, LLC will be for sale. We hope someone else can take this idea and run with it.

The sale of Nimbus Token will include the following…

  • The brand name
  • The logo
  • The keystore for the NIM token itself.
  • All remaining NIM in the company wallet.
  • The code to build a product token node.*
  • The mobile wallet software.*
  • Our social media channels; Twitter (5400 followers), Telegram (1400 followers), Facebook (1900 likes), GitHub, Medium, Bitcoin Talk, Reddit)

To inquire about the purchase of the company, fill out our contact form on the bottom of the page.

*all software should be considered pre-alpha and unfinished.

The Nimbus Token Platform tokens are not intended to constitute securities in any jurisdiction. The whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an o er of securities or a solicitation for investment in securities in any jurisdiction.

No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of the Nimbus Token Platform tokens and no cryptocurrency or other form of payment is to be accepted on the basis of the whitepaper.

The information set below may not be exhaustive and does not imply any elements of a contractual relationship. While we make every effort to ensure that any material in the whitepaper is accurate and up to date, such material in no way constitutes the provision of professional advice. Nimbus Token Platform does not guarantee, and accepts no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, or completeness of any material contained in the whitepaper. Investors and potential Nimbus Token Platform token holders should seek appropriate independent professional advice prior to relying on, or entering into any commitment or transaction based on, material published in the whitepaper, which material is purely published for reference purposes alone.

Nimbus Token Platform does not provide any opinion on any advice to purchase, sell, or otherwise transact with Nimbus Token Platform tokens and the fact of presentation of the whitepaper shall not form the basis of, or be relied upon in connection with, any contract or investment decision.

You are not eligible and you are not to purchase any Nimbus Token Platform tokens if you are a citizen or resident (tax or otherwise) of Singapore, or other Singapore Person. “Singapore Person” is generally defined as a natural person, residing in the Singapore or any entity organized or incorporated under the laws of Singapore.

You are not eligible and you are not to purchase any Nimbus Token t Platform tokens if you are a citizen or resident (tax or otherwise) of the People‘s Republic of China (“PRC“), or other PRC Person. “PRC Person“ is generally defined as a natural person, residing in the People‘s Republic of China, or any entity organized or incorporated under the laws of the People‘s Republic of China.

Furthermore because of current regulatory uncertainty and before additional information is publicly released by the Platform on the matter, green card holders of the United States or citizens or residents (tax or otherwise) of the United States of America, Singapore or China, or other U.S., Singapore Person or PRC Person, are not eligible to register for the Token Sale. That limits the ability of U.S., Singapore, PRC persons to utilize Nimbus Token Platform tokens and participate in the future development of the platform as well as in the distribution of proceeds.

No information in the whitepaper should be considered to be business, legal, financial or tax advice regarding Nimbus Token, the NIM cryptocurrency, the Nimbus Token Platform, the Nimbus Token crowdsale, (each as referred to in the whitepaper). You should consult your own legal, financial, tax or other professional adviser regarding Nimbus Token Platform and their respective businesses and operations, the Nimbus Token NIM tokens, the Nimbus Token crowdsale, (each as referred to in the whitepaper). You should be aware that you may be required to bear the financial risk of any purchase of Nimbus Token Platform tokens for an indefinite period of time.

In no event shall Nimbus Token Platform, members of Nimbus Token Platform staff, contractors, founders, or volunteers be liable for:

Any lost profits, lost savings or incidental, indirect, special or consequential damages, arising out of your use or inability to use the services or products offered by Nimbus Token Platform or the breach of any of these Terms by any third party;

Any security risk such as hacker attacks, loss of password, loss of private key, or similar. Mistakes or errors in code, text, or images involved in the sale.

Any losses resulting from the volatility in pricing of NIM in any countries and cryptocurrency exchanges.

This website and the Nimbus Token Platform tokens are provided on an “as is” basis and without any warranties of any kind, either expressed or implied. You assume all responsibility and risk with respect to your use of the website and purchasing of any amount of the Nimbus Token Platform tokens and their use. If applicable law does not allow all or any part of the above limitation of liability to apply to you, the limitations will apply to you only to the extent permitted by applicable law.

By acquiring Nimbus Token Platform’s Token and to the extent permitted by applicable law, the buyer agrees not to hold Nimbus Token Platform or any employee or contractor of Nimbus Token Platform liable for any losses or damages arising out of or in any way connected to the buyer’s failure to properly secure the private key to the wallet containing their NIM: hacker’s attacks, stolen devices, loss of passwords, etc.

Nimbus Token Platform does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in the whitepaper.

By accessing and/or accepting possession of any information in the whitepaper or such part thereof (as the case may be), you represent and warrant to Nimbus Token as follows:

(a) you agree and acknowledge that the Nimbus Token Platform tokens do not constitute securities in any form in any jurisdiction;

(b) you agree and acknowledge that the whitepaper does not constitute a prospectus or o er document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of the whitepaper;

(c) you agree and acknowledge that no regulatory authority has examined or approved of the information set out in the whitepaper, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of the whitepaper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with;

(d) you agree and acknowledge that the whitepaper, the undertaking and/or the completion of the Nimbus Token Platform crowdsale, or future trading of the Nimbus Token Platform tokens on any cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of the Nimbus Token Platform, the Nimbus Token Platform tokens, the Nimbus Token crowdsale (each as referred to in the whitepaper);

(e) the distribution or dissemination of the whitepaper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to Nimbus Token Platform;

(f ) you agree and acknowledge that in the case where you wish to purchase any Nimbus Token Platform tokens, the Nimbus Token Platform tokens are not to be construed, interpreted, classified or treated as:

(i) any kind of currency other than cryptocurrency;

(ii) debentures, stocks or shares issued by any person or entity.

(iii) rights, options or derivatives in respect of such debentures, stocks or shares;

(iv) rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss;

(v) units in a collective investment scheme;

(vi) units in a business trust;

(vii) derivatives of units in a business trust; or

(viii) any other security or class of securities.

(g) you are fully aware of and understand that you are not eligible to purchase any Nimbus Token Platform tokens if you are a citizen, resident (tax or otherwise) or green card holder of the United States of America or a citizen or resident of the Republic of Singapore or a citizen or resident of People‘s republic of China;

(h) you have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology;

(i) you are fully aware and understand that in the case where you wish to purchase any Nimbus Token Platform tokens, there are risks associated with Nimbus Token Platform and their respective business and operations, the Nimbus Token Platform tokens, the Nimbus Token crowdsale, (as referred to in the whitepaper);

(j) you agree and acknowledge that neither Nimbus Token Platform is liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on the whitepaper or any part thereof by you; and

(k) all of the above representations and warranties are true, complete, accurate and non-misleading from the time of your access to and/or acceptance of possession the whitepaper or such part thereof (as the case may be).

All statements contained in the whitepaper, statements made in press releases or in any place accessible by the public and oral statements that may be made by Nimbus Token Platform or their respective directors, executive officers or employees acting on behalf of Nimbus Token Platform, that are not statements of historical fact, constitute “forward- looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms.

However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding Nimbus Token Platform’s financial position, business strategies, plans and prospects and the future prospects of the industry which Nimbus Token Platform is in are forward-looking statements. These forward-looking statements, including but not limited to statements as to Nimbus Token Platform’s revenue and profitability, prospects, future plans, other expected industry trends and other matters discussed in the whitepaper regarding Nimbus Token Platform are matters that are not historical facts, but only predictions.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of Nimbus Token Platform to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements. These factors include, amongst others:

(a) changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which Nimbus Token Platform conducts its respective businesses and operations;

(b) the risk that Nimbus Token Platform may be unable or execute or implement their respective business strategies and future plans;

(c) changes in interest rates and exchange rates of at currencies and cryptocurrencies;

(d) changes in the anticipated growth strategies and expected internal growth of Nimbus Token Platform;

(e) changes in the availability and fees payable to Nimbus Token Platform in connection with their respective businesses and operations;

(f ) changes in the availability and salaries of employees who are required by Nimbus Token Platform to operate their respective businesses and operations;

(g) changes in preferences of customers of Nimbus Token Platform;

(h) changes in competitive conditions under which Nimbus Token Platform operate, and the ability of Nimbus Token Platform to compete under such conditions;

(i) changes in the future capital needs of Nimbus Token Platform and the availability of financing and capital to fund such needs;

(j) war or acts of international or domestic terrorism;

(k) occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of Nimbus Token Platform;

(l) other factors beyond the control of Nimbus Token Platform; and

(m) any risk and uncertainties associated with Nimbus Token and their businesses and operations, the Nimbus Token Platform tokens, the Nimbus Token Platform crowdsale (each as referred to in the whitepaper).

All forward-looking statements made by or attributable to Nimbus Token Platform or persons acting on behalf of Nimbus Token Platform are expressly qualified in their entirety by such factors. Given that risks and uncertainties that may cause the actual future results, performance or achievements of Nimbus Token Platform to be materially different from that expected, expressed or implied by the forward-looking statements in the whitepaper, undue reliance must not be placed on these statements. These forward-looking statements are applicable only as of the date of the whitepaper. Neither Nimbus Token Platform nor any other person represents, warrants and/or undertakes that the actual future results, performance or achievements of Nimbus Token Platform will be as discussed in those forward-looking statements. The actual results, performance or achievements of Nimbus Token Platform may differ materially from those anticipated in these forward-looking statements.

Nothing contained in the whitepaper is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of Nimbus Token Platform.

Further, Nimbus Token Platform disclaim any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.

By purchasing Nimbus Tokens, you agree to your personal data, i.e. e-mail address and/or name, being processed by Nimbus Token Platform for its business purposes or the purposes of building, promoting, and communicating (about) the Nimbus Token Platform system and the Nimbus Tokens.

Nimbus Token Platform agrees to keep your email address and other personal data private and not share it with the public, e.g. by including it on any external lists or selling to any third parties.

The presentation of the whitepaper is with the solely for informational purpose.

The participants interested in buying Nimbus Token Platform tokens during the crowdsale should demand and consider the various risks prior to making any kind of investment decision in the crowdsale and pre-crowdsale as well.

The whitepaper does not comprise any advice by company, the directors, the investment manager or any other person, or recommendation to any receiver, by the virtues of participation in the Nimbus Token Platform crowdsale.

Nimbus Token Platform’s whitepaper does not necessarily identify, or claim to identify, all the risk factors connected with company.

All the participants must make their own independent evaluation, after making such investigations as they consider essential, of the merits of participating in the crowdsale.

The token buyer should check with and rely upon their own investment, accounting, legal and tax representatives and consultants as such matters concerning company and to assess separately the financial risks, consequences and appropriateness of a participation in a crowdsale, or if in any doubt about the facts of this presentation.

Participation in the Nimbus Token Platform crowdsale holds considerable risk and might involve extraordinary risks that may perhaps lead to a loss of all or a significant portion of such participation, unless the participants completely understand, be aware of and accept the characteristics of the company and the possible risks inbuilt in company, they should not participate in crowdsale.

Each of the participants are completely in charge for ensuring that all characteristics of crowdsale are satisfactory to them.

There can be no guarantee that company’s business purpose will be achieved and crowdsale participation consequences may differ considerably over time.

Participation in the crowdsale is not planned to be a total cryptocurrency program for any participant.

All the participants with awareness should think about whether a token purchase is suitable for them, their circumstances and financial resources.

The distribution or dissemination of the whitepaper or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of the whitepaper or such part thereof (as the case may be) at your own expense and without liability to Nimbus Token Platform.

Persons to whom a copy of the whitepaper has been distributed or disseminated, provided access to or who otherwise have the whitepaper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute the whitepaper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.

The whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of the whitepaper. Any agreement in relation to any sale and purchase of Nimbus Token Platform tokens (as referred to in the whitepaper) is to be governed by only the T&Cs of such agreement and no other document. In the event of any inconsistencies between the T&Cs and the whitepaper, the former shall prevail.

You are not eligible to purchase any Nimbus Token Platform tokens in the Nimbus Token Platform crowdsale (as referred to in the whitepaper) if you are a citizen, resident (tax or otherwise) or green card holder of the United States of America or a citizen or resident of the Republic of Singapore or a citizen or resident of People‘s republic of China.

No regulatory authority has examined or approved of any of the information set out in the whitepaper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with.

  • John McAfee was a compensated promoter of Nimbus Token.
  • His total compensation was over 7.7 million NIM plus 21.85401694 ETH
  • He mentioned a contract in place between Nimbus Token and CompAir. He was in error. There only existed a Memorandum of Understanding (MoU).
  • He also inferred that Nimbus Token had cash flow from customers. This too was in error. There was no cash flow.
  • Nimbus Token was never allowed to see or comment on tweets or other forms of promotion from John McAfee.
  • John McAfee never advised on any topic with Nimbus Token as promised.
  • John McAfee never gave any advice, action or direction to place Nimbus Token on an exchange.

Contact us to purchase Nimbus Token, LLC

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