TERMS OF USE

Last updated: 20.05.2025
Version: 2.0
Previous Version

Terms Statement

These Terms of Use (the “Terms,”) govern the user’s (“user,” “you,” and “your”) access to and use of the website located at https://www.opendelta.com is a website-hosted user interface (the “Website”), Materials, and Communication Channels, whether accessed via computer, mobile device, or otherwise, which are published, owned, and operated by OPEN DELTA DAO LLC, a legal person registered under the laws of the Republic of Marshall Islands (“Company,” “we,” “us,” and “our”).

​​By accessing and using the Website, engaging with Communication Channels or reviewing the Materials, you acknowledge that You have read, understood and agreed to be bound by all the terms and conditions stipulated in these Terms without modifications and reservations, as well as our Privacy Policy.

In case you have any questions relating to these Terms or the Website, please contact us using the following email address: info@opendelta.com.

1. Conditions of Use

As a condition to accessing or using the Website, Communication Channels, or Materials, you represent and warrant that:

  • If you are an individual, then you are of legal age in the jurisdiction in which you reside, and you have the legal capacity to enter into these Terms and be bound by them.

  • If you are an entity, then you must have the legal authority to accept these Terms on that entity's behalf, in which case "you" (except as used in this paragraph) will mean that entity.

  • You are not a resident, national, or agent of any country to which the Republic of Marshall Islands, United States, the United Kingdom, or the European Union embargoes goods or imposes similar sanctions (the “Restricted Person”).

  • You are not subject to economic or trade sanctions administered or enforced by any governmental authority; or otherwise, you are not a member of any sanctions list or equivalent maintained by the Republic of Marshall Islands government, the United States government, the United Kingdom government, the European Union, or the United Nations, including without limitation the U.S. Office of Foreign Asset Control Specifically Designated Nationals and Blocked Person List (the “Sanctioned Person”).

  • You do not intend to transact with any Restricted Person or Sanctioned Person.

  • Your access is not (a) prohibited by and does not otherwise violate or assist you in violating any domestic or foreign law, rule, statute, regulation, by-law, order, protocol, code, decree, letter, or another directive, requirement, guidance, or guideline, published or in force that applies to or is otherwise intended to govern or regulate any person, property, transaction, activity, event or other matter, including any rule, letter, order, judgment, directive or other requirements, guidance, or guideline issued by any domestic or foreign federal, provincial or state, municipal, local or other governmental, regulatory, judicial or administrative authority having jurisdiction over us or you as otherwise duly enacted, enforceable by law, the common law or equity (the “Applicable Laws”); or (b) contribute to or facilitate any illegal activity.

  • You understand that buying, selling, holding, or using Virtual Assets involves significant risks, as their prices can change rapidly. The legal status of Virtual Assets is uncertain, and activities involving them may violate laws or regulations of your jurisdiction. You should seek appropriate professional advice before making any decisions regarding Virtual Assets or related transactions.

As a condition to accessing or using the Website, you acknowledge, understand, and agree to the following:

  • From time to time, the Website may be inaccessible or inoperable for any reason, including: (a) equipment malfunctions; (b) periodic maintenance procedures or repairs that we or any of our suppliers or contractors may undertake from time to time; (c) causes beyond our control or that we could not reasonably foresee; (d) disruptions and temporary or permanent unavailability of underlying blockchain infrastructure; or (e) unavailability of third-party service providers or external partners for any reason.

  • We reserve the right to disable or modify access to the Website (such as restricting features of the Website) at any time in the event of any breach of these Terms, including, if we reasonably believe any of your representations and warranties may be untrue or inaccurate, and we will not be liable to you for any losses or damages you may suffer as a result of or in connection with the Website being inaccessible to you at any time or for any reason.

  • The Website may evolve, which means we may apply changes, replace, or discontinue (temporarily or permanently) the Website at any time at our sole discretion.

  • The pricing information and other data provided on the Website do not represent an offer, a solicitation of an offer, or a recommendation to enter into a transaction with us.

  • We do not act as an agent for you or any other user of the Website.

  • We do not provide any legal, financial, and/or investment advice.

  • We owe no fiduciary duties or liabilities to you or any other party, and to the extent any such duties or liabilities may exist at law or in equity, you hereby irrevocably disclaim, waive, and eliminate those duties and liabilities.

  • You are solely responsible for reporting and paying any taxes applicable to your use of the Website, if any.

  • We have no control over, or liability for, the delivery, quality, safety, legality, or any other aspect of the blockchain networks or any Virtual Assets.

By using the Website, you agree that you will not:

  • Use the Website in any manner that could damage, disable, overburden, or impair the Website or interfere with any other party’s use of the Website.

  • Attempt to gain unauthorized access to any Website account or computer systems or networks associated with the Company or the Website.

  • Obtain or attempt to obtain any materials or information through the Website by any means not intentionally made available or provided by the Company.

  • Use any robot, spider, or other automatic device, process or means to access the Website for any purpose, including monitoring or copying any of the material on the Website.

  • Introduce any virus, Trojan horse, worm, logic bomb, or other material which is malicious or technologically harmful.

  • Attack the Website via a denial-of-service attack or a distributed denial-of-service attack.

  • Impersonate or attempt to impersonate the Company, a Company employee, an Affiliate of the Company, or another user or any other person or entity (including, without limitation, by using email addresses associated with any of the foregoing).

  • License, sell, rent, lease, transfer, assign, distribute, host, or otherwise commercially exploit the Website, whether in whole or in part, or any content displayed on or provided by the Website.

  • Modify, make derivative works of, disassemble, reverse compile or reverse engineer any part of the Website.

  • Access the Website in order to build a similar or competitive website, product, or service.

  • Misrepresent, with omission or otherwise, the truthfulness, sourcing or reliability of any content on the Website.

  • Violate any Applicable Laws including any relevant and applicable anti-money laundering and anti-terrorist financing laws and sanctions programs.

  • Use or access the Website to transmit or exchange Virtual Assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion.

  • Attempt to circumvent any content-filtering techniques, security measures or access controls of the Website, including through the use of a VPN.

  • Encourage or induce any third party to engage in any of the activities prohibited under these Terms.

  • Engage in fraudulent activities, including providing false, inaccurate, or misleading information to unlawfully obtain Virtual Assets, funds, or property.

  • Act unfairly and contrary to the principle of good faith, or carry out any other activities that violate any applicable regulations, rules, orders, etc.

2. Website

The Website may display third-party information, including information related to blockchain networks, Virtual Assets and related technology, such as blockchain transactions, statistics, and price information. The Materials and information on the Website are for informational purposes only and we do not guarantee their accuracy, completeness, or usefulness. You are solely responsible for any actions you take based on such information. We reserve the right to modify, suspend, or discontinue the availability of this data at any time, without notice or liability to you.

We and the Website are not a part of any transaction on the blockchain networks, and do not have possession, custody, or control over any Virtual Assets appearing on the Website. Further, the Website does not store, send, or receive any Virtual Assets.

3. License

Each user, subject to their eligibility, acceptance, and adherence to these Terms, is hereby granted a personal, revocable, non-exclusive, non-transferable, non-sublicensable license to view, access, and use the Website in accordance with these Terms.

4. No Partnership, Advice or Fiduciary Duties

Nothing herein constitutes legal, financial, business, or tax advice, and you are strongly advised to consult an advisor(s) before engaging in any activity in connection herewith. All information provided by the Website is for informational purposes only and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained on the Website or any other information that we make available at any time, including, without limitation, blog posts, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. The Terms are not intended to, and do not, create or impose any fiduciary duties on us. Nothing in these Terms is intended to, or shall be interpreted as, establishing any partnership, joint venture, agency, or employment relationship.

5. Proprietary Intellectual Property Rights

We or the respective right holder reserve all rights, names, logos, and other marks used on the Website or Materials, including, without limitation, any copyrights in and to any content, code, data, or other materials that you may access or use on or through the Website or Materials.

Your use of or access to the Website or Materials does not grant you any ownership or other rights therein, the Website or Materials may not be copied, reproduced, modified, published, uploaded, posted, transmitted, performed, or distributed in any way, and you agree not to modify, rent, lease, loan, sell, distribute, transmit, broadcast, or create derivatives without our express written consent.

We may use and share your comments, bug reports, ideas, or other feedback that you may provide, including suggestions about how we might improve. You agree that we are free to use or not use any feedback we receive from you as we see fit, including copying and sharing such feedback with third parties, without any obligation to you.

6. Third-Party Content and Services

We may place third-party content on the Website. You agree that this content is not rendered or owned by us and your use of websites and services mentioned in this content is subject to separate terms and conditions between you and the relevant service provider. We are not responsible for third-party websites or services (“Third-Party Services”), including, but not limited to their accuracy, security, availability or performance. You acknowledge that in any case, you will hold us harmless against any claim, arising out of any damages or losses incurred by or in connection with the utilization of Third-Party Services.

7. Disclosures and Disclaimers

We are the operator of the Website. We do not operate or control blockchain networks and technology. You are responsible for complying with all Applicable Laws that govern your use of Virtual Assets, protocols, and blockchain networks.

The Website and Materials are provided on an “AS IS” and “AS AVAILABLE” basis, and we expressly disclaim, and you hereby waive, any representations, conditions, or warranties of any kind, whether express or implied, legal, statutory or otherwise, or arising from statute, otherwise in law, course of dealing, or usage of trade, and whether or not known or discoverable, including the implied or legal warranties and conditions of merchantability, merchantable quality, quality or fitness for a particular purpose, title, security, availability, reliability, accuracy, quiet enjoyment and non-infringement of third party rights. Without limiting the foregoing, we do not represent or warrant that the Website (including any data relating thereto) will be uninterrupted, available at any particular time, or error-free. Further, we do not warrant that errors in the Website are correctable or will be correctable.

You acknowledge that data you provide while accessing or using the Website may become irretrievably lost or corrupted or temporarily unavailable due to a variety of causes, and agree that, to the maximum extent permitted under Applicable Law, we will not be liable for any loss or damage caused by denial-of-service attacks, software failures, viruses or other technologically harmful materials (including those which may infect your computer equipment), protocol changes by third-party providers, Internet outages, force majeure events or other disasters, scheduled or unscheduled maintenance, or other causes either within or outside of our control.

8. Risks

By accessing or using the Website, you understand and agree to the risks set out in the Risk Disclosure Statement, which are not exhaustive nor presented in any specific order of priority. You understand that any of these risks may result in damages or the complete loss of your Virtual Assets, and you are solely responsible for that. You must not access or use the Website or Materials, or carry out any transactions if you cannot accept these risks.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL THE COMPANY (OR OUR AFFILIATES) BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY FINANCIAL LOSS, LOST PROFITS, LOST DATA, COSTS OF PROCUREMENT OF SUBSTITUTE PRODUCTS, OR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES ARISING FROM OR RELATING TO THESE TERMS OR YOUR USE OF, OR INABILITY TO USE, THE WEBSITE, COMMUNICATION CHANNELS, MATERIALS, CONTENT OR INFORMATION ACCESSED VIA THE WEBSITE, OR ANY DISRUPTION OR DELAY IN THE PERFORMANCE OF THE WEBSITE, OR THE SERVICE EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. ACCESS TO, AND USE OF, THE WEBSITE, COMMUNICATION CHANNELS, OR MATERIALS IS AT YOUR OWN DISCRETION AND RISK, AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOU. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

10. Indemnification

You will defend, indemnify, and hold harmless us, our affiliates, members, managers, employees, attorneys, representatives, suppliers, and contractors from any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, cost or expense, including without limitation reasonable attorneys' fees, arising out of or relating to (a) your use of or conduct in connection with the Website, Communication Channels or Materials; (b) your violation of these Terms; (c) your misuse of the Website; (d) your violation of any laws, rules, regulations, codes, statutes, ordinances, or orders of any governmental authorities; (e) your violation of the rights of any third party, including any intellectual property right, publicity, confidentiality, property, or privacy right; (f) your use of a third-party product, service, and/or website; and (g) any misrepresentation made by you.

We reserve the right to assume, at your expense, the exclusive defense, and control of any matter subject to indemnification by you. You agree to cooperate with our defense of any claim. You will not, in any event, settle any claim without our prior written consent.

11. Governing Law

The interpretation and enforcement of these Terms, and any dispute related to these Terms or the Website, shall be governed by and construed and enforced under the laws of England and Wales.

12. Dispute Resolution; Arbitration Agreement; Class Action Waiver

If you have any dispute or claim arising out of or relating in any way to the Website, Communication Channels, Materials, or these Terms, you must send an email to the address mentioned in the Terms Statement to resolve the matter via an informal, good faith negotiation process.

If that dispute or claim is not resolved within 60 days of sending such an email, then you agree that any dispute arising out of or in connection with this Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause.

The arbitration shall be held before a single arbitrator and shall be conducted in London, in the English language on a confidential basis. The governing law of the contract shall be the substantive law of England and Wales. Any award made by the arbitrator may be entered in any court of competent jurisdiction as necessary. This section shall survive termination of these Terms, the Website, or any connection you may have to the Materials or information you obtained from the Website.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE THAT ANY PROCEEDING TO RESOLVE ANY DISPUTE, CLAIM, OR CONTROVERSY WILL BE BROUGHT AND CONDUCTED ONLY IN THE RESPECTIVE PARTY’S INDIVIDUAL CAPACITY AND NOT AS PART OF ANY CLASS (OR PURPORTED CLASS), CONSOLIDATED, MULTIPLE-PLAINTIFF, OR REPRESENTATIVE ACTION OR PROCEEDING (“CLASS ACTION”). YOU AGREE TO WAIVE THE RIGHT TO PARTICIPATE AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS ACTION. YOU EXPRESSLY WAIVE ANY ABILITY TO MAINTAIN A CLASS ACTION IN ANY FORUM. IF THE DISPUTE IS SUBJECT TO ARBITRATION, THE ARBITRATOR WILL NOT HAVE THE AUTHORITY TO COMBINE OR AGGREGATE CLAIMS, CONDUCT A CLASS ACTION, OR MAKE AN AWARD TO ANY PERSON OR ENTITY NOT A PARTY TO THE ARBITRATION. FURTHER, YOU AGREE THAT THE ARBITRATOR MAY NOT CONSOLIDATE PROCEEDINGS FOR MORE THAN ONE PERSON’S CLAIMS, AND IT MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A CLASS ACTION.

To the fullest extent permitted by law, you and we agree that any claim arising from or related to these Terms, the Website, Communication Channel, or Materials must be filed within one (1) year of the event giving rise to the claim. Claims not filed within this period will be permanently barred, meaning neither you nor we can pursue such claims.

13. General Information

Please refer to our Privacy Notice for information about how we collect, use, share, and otherwise process information about you.

We may revise these Terms from time to time. We will notify you by updating the date at the top of these Terms and maintaining a current version. All modifications will be effective when they are posted. By continuing to access or use the Website after those revisions become effective, you agree to be bound by the revised Terms.

Any our right or remedy set forth in these Terms is in addition to, and not in lieu of, any other right or remedy whether described in these Terms, under Applicable Law, at law, or in equity. Our failure or delay in exercising any right, power, or privilege under these Terms shall not operate as a waiver thereof.

The invalidity or unenforceability of any of these Terms shall not affect the validity or enforceability of any other of these Terms, all of which shall remain in full force and effect.

We will have no responsibility or liability for any failure or delay in the performance of the Website, or any loss or damage that you may incur, due to any circumstance or event beyond our control, including without limitation any flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications, power failure, or equipment or software malfunction.

You may not assign or transfer any right to use the Website, or any of your rights or obligations under these Terms, without our express prior written consent, including by operation of law or in connection with any change of control. We may assign or transfer any or all of our rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.

14. Definitions

Unless the context requires otherwise, references to one gender include all genders; singular includes plural and vice versa; terms like “including”, “in particular”, or “for example” are illustrative and shall not limit the sense of the following words; Section headings do not affect interpretation hereof; these Terms will not be construed to our disadvantage for preparing them; investment and financial terms like “investment”, “invest”, “investor”, “yield” or “returns” that may be used on the Website or in the Materials are analogies for smart-contract operations, not literal references to legal agreements or traditional transactions. When using smart-contracts, there are no legal agreements, promises of payment, or courts of law, and therefore there are no investments or other traditional transactions involved.

The capitalised terms used in these Terms and rules of interpretation are defined below. Certain terms may be defined throughout the text.

Communication Channels” means the Website, our X (Twitter) account, and other communication channels belonging to us or our affiliates, as may be linked to on the Website from time to time.

Forward-Looking Statements” means certain opinions, forecasts, projections, future plans, or other statements that are not historical facts, including development plans, performance projections, future functionality of the Website, Virtual Assets, or other products and services, as well as prospects and future events related to an industry.

Materials” means any information, statements, announcements, data, content, and other materials provided via the Website, Communication Channels, or otherwise communicated by us or on our behalf in relation to the Website or other services and products provided or offered by us, explicitly including the information available at https://docs.opendelta.com.

Project” means the Open Delta project described on the Website and Materials, as may be updated from time to time.

Risk Disclosure Statement” means the disclosure of risks attached to these Terms as Schedule 1, constituting an integral part hereof.

Virtual Assets” means cryptographic digital tokens implemented on a public blockchain network.

Website” means the website indicated at the beginning of these Terms, including any of its subdomains. This term shall also include the Materials where they are available on the Website, including at https://docs.opendelta.com.

Schedule 1

Risk Disclosure Statement

1. General Blockchain Risks

Please note that transactions on a public blockchain are irreversible. No one can control or influence transactions with Virtual Assets on public blockchain networks, and, therefore, they may not be cancelled, reversed, blocked, or frozen. You must independently assess risks and make informed decisions before carrying out any transactions. There is no warranty that transactions will be executed with the gas fees you expect, or that they will be executed at all.

Blockchain-based infrastructure operates autonomously and is typically beyond anyone’s control. Any malfunction, breakdown, or abandonment of the underlying blockchain could significantly impact the Virtual Assets or any transactions involving Virtual Assets.

Blockchain data is publicly accessible and traceable by third parties, meaning transactions in Virtual Assets may expose certain information about you, though it is unlikely to directly reveal your identity. However, when combined with other personal information, it may allow third parties to infer your financial standing. Once recorded, blockchain data cannot be altered or deleted, making the decision to transact entirely your responsibility.

A hard fork in the underlying blockchain network of the Virtual Assets, or any of its components, could require major changes. These changes might make the smart-contracts incompatible, dysfunctional, impractical, or more expensive to use. This could disrupt the execution and interaction of smart-contracts critical to the Virtual Assets. Adapting to a hard fork or changes in consensus rules may require significant time and resources, which might not be available or cost-effective. Consequently, the continued operation of Virtual Assets cannot be guaranteed.

Advances in cryptography and technology, particularly quantum computing, could threaten blockchain systems by weakening or breaking the cryptographic consensus mechanisms that underpin them. As quantum computing evolves, algorithms once considered secure may become obsolete, leaving systems that rely on traditional cryptographic methods vulnerable. This could allow intruders to bypass existing security measures, compromise data integrity, as well as disrupt consensus mechanisms on blockchain networks.

2. Financial and Market Risks

Transacting with Virtual Assets involves the risk of monetary or other losses. These risks can arise from various factors, including market volatility, vulnerabilities in smart-contracts, cybersecurity threats such as hacking or phishing attacks, technical failures, regulatory changes, etc. Unforeseen events, including economic downturns, changes in market sentiment, etc, could also have a material adverse effect on your assets.

There are no representations or warranties, express or implied, regarding the Virtual Assets, including implied warranties of merchantability, fitness for a particular purpose, or non-infringement, all of which are expressly disclaimed. You acknowledge and agree that Virtual Assets may not: (i) meet your expectations or function as intended, (ii) possess the intended functionality, (iii) have a market, or (iv) have any specific price or hold any particular value, or have any value at all. Receiving, storing, using, or disposing of Virtual Assets is entirely at your own risk.

Purchasing, using, or holding Virtual Assets involves significant risks. The crypto market is highly volatile, and prices can change drastically in short periods, potentially leading to substantial or total loss of your funds. Due to the nature and operation of blockchain protocols, the total amount of Virtual Assets in circulation could increase through, inter alia, the adoption of a new patch, upgrade of the source code, or additional mint. You bear a sole responsibility for any damages or losses that you may incur as a result of or in connection with the change in the composition, supply, value or price of any Virtual Assets. Only allocate funds to Virtual Assets that you can afford to lose.

There is no assurance that an active market will exist now or in the future for buying or selling Virtual Assets. Their price and liquidity cannot be assured, and it is possible that there may be no market or liquidity for Virtual Assets at all. In some cases, they may become useless or abandoned entirely.

3. Risks Associated With Project

The design, details, and description of the Project and related products or services may be changed at any time. There is no guarantee that the Project will be developed, maintained, or operated for any specific time period, or at all. The Project may also be modified or pivoted at any time. Nothing in these Terms or Materials creates an obligation to develop, launch, promote, or operate the Project, or related products or services.

Public interest in the Project is not warranted, and low user engagement may negatively impact its development and associated business activities.

There is always a risk of competing teams or alternative projects, including those cloning the Project. You may also be targeted by fraudulent activities, such as fake websites, emails, text messages, or social media accounts impersonating us. They may aim to deceive you, steal your Virtual Assets, or profit unlawfully. Be extremely cautious when interacting with websites, messages, or accounts directing you to non-official sources or asking you to connect your wallet. Always verify the authenticity of any communication claiming to represent us.

4. Technological Risks

The Website and associated technical infrastructure are provided “as is” and may experience system failures, downtimes, unplanned interruptions in their underlying network or functionality, hardware or software defects, security breaches, or other causes that could adversely affect the Website or your access to it. We are not obligated to address these issues and do not warrant that any updates will resolve existing bugs or vulnerabilities, or avoid creating new, unanticipated issues.

The software behind the Website, Virtual Assets, and associated smart contracts, as well as the logic of blockchain networks, may have flaws, bugs, vulnerabilities, or defects. These issues could cause the software or smart contracts to malfunction or behave unpredictably, leading to transactions being executed incorrectly or against your intentions. Such issues may result in the partial or complete loss of Virtual Assets involved in a transaction, or other negative consequences.

The software underlying the Website or Virtual Assets, including smart contracts, may have errors or vulnerabilities that are not immediately apparent. Fixing these issues can be difficult and may not always work. Many smart contracts are also immutable, meaning they cannot be changed once deployed. Attempts to fix flaws or vulnerabilities in blockchain software can be complex, risky, expensive, and time-consuming. There is no guarantee that these efforts will prevent negative outcomes, such as the complete or significant loss of your Virtual Assets.

The Website-related services, products, or their components may occasionally become inaccessible or inoperable for various reasons, including maintenance, updates, technical disruptions, or third-party interference. Such occurrences may lead to downtime or a lack of access to them.

There is no warranty that the software, including any associated smart-contracts, will be updated quickly enough to address new threats, vulnerabilities, or required changes, or can be updated at all. Delays in updates can leave you exposed to risks such as errors, failed transactions, inability to execute time-sensitive operations, or the loss of Virtual Assets.

5. Security Risks

The blockchain networks can be attacked which may result in downtime, consensus split, long reorganisation of the chain, 51% attack or other adverse outcomes. There is no warranty that there will be no theft or loss of Virtual Assets due to attacks, hacks, software flaws, or blockchain vulnerabilities, which could result in partial or complete loss of the Virtual Assets. Even when using our official resources, remain vigilant for pop-ups or unusual program behaviour, as these could result from hacks or malicious code.

Bugs, flaws in logic, and other vulnerabilities are not part of the intended operation of the Website-related software. However, intruders may exploit these weaknesses or flaws, potentially causing financial losses, data breaches, or system malfunctions. The exploitation of bugs, flaws, or vulnerabilities in smart-contracts or associated software is strictly prohibited, regardless of the purpose or circumstances. Such acts, especially those that harm others, may be considered criminal or other offences under applicable laws and could result in severe consequences for those involved.

If a third party gains access to your wallet or associated credentials, they may control and use your Virtual Assets held in your wallet. To reduce this risk, secure your electronic devices or systems (both hardware and software) used in relation to the Project, as well as associated credentials against unauthorised access. We encourage you to properly back up all credentials associated with your wallets.

6. Risks Related To Materials

There is no assurance that Materials will be true, accurate, complete, timely or non-misleading, and you expressly acknowledge and agree that we will be under no obligation to update or fix them. You shall solely evaluate all information provided by us or on our behalf.

Always verify that any information you believe to be from us is posted or communicated by our authorised representatives. Be cautious of impersonation risks, including fake websites, counterfeit tokens resembling the original Virtual Assets, and fraudulent social media accounts or communications. Always ensure you are interacting with legitimate and verified sources. Verify information independently before acting.

The Materials may include Forward-Looking Statements based on current expectations, which involve various risks and uncertainties. These risks include factors such as economic, competitive, and technical influences on us and our operations, as well as developments in science, technology, industry trends, competition, regulatory changes, government actions, market dynamics, and other business conditions. There are no guarantees regarding the accuracy of any Forward-Looking Statements. Actual events, results, or outcomes may differ significantly from those expressed or implied, and you should not rely on these statements.

The Materials may be updated from time to time with or without notice depending on various circumstances, including market conditions, applicable regulation, and governments’ actions.

7. Third-Party Interaction Risks

You should always be diligent when dealing with third parties regarding Virtual Assets. Such third parties may include, without limitation, exchanges, custodians, wallet operators, service providers, fiat gateways, banks, or payment systems. Interactions with third parties carry risks, including fraud, insolvency, contract breaches, or security failures, which could result in the loss of your Virtual Assets.

8. Regulatory and Compliance Risks

Our activities may be subject to various laws and regulations, including requirements to obtain licenses or other permits as directed by applicable laws. Changes to these laws or evolving interpretations could lead to higher compliance costs or operational challenges, potentially impacting our operation. In extreme cases, some jurisdictions may ban or heavily restrict any Project-related activities. The legal status of certain Virtual Assets and related transactions is uncertain, and some regions may prohibit owning or transacting with them entirely, which could affect you. The penalties for violating such laws, if any, are unclear. You are responsible for researching and understanding the legal and tax implications of interacting with Virtual Assets in your jurisdiction.

​​Any acquisition, use, holding, or disposal of Virtual Assets, as well as related transactions, may have tax implications as imposed by state or government authorities. Tax laws for Virtual Assets may be unclear or not well-defined in your region. Additionally, these laws and their interpretations can change and may even be applied retroactively. You are solely responsible for understanding and meeting your tax obligations. Failure to properly report, collect, or pay taxes could result in penalties, fines, or other legal consequences.

9. Unanticipated Risks

In addition to the risks set forth herein, there are unanticipated risks. Further risks may materialise as unanticipated combinations or variations of the discussed risks or the emergence of new risks.