Disclaimer of Warranties and No Promise of Financial Gain

Disclaimer of Warranties and No Promise of Financial Gain

  1. General Disclaimer

1.1 The xEarn Dao Developer Union ("xEarn Dao") operates as a decentralized autonomous organization (DAO). Each member of xEarn Dao is considered an owner and participant, operating under the principles of a DAO. As such, members engage in collective decision-making, risk-taking, and reward-sharing, akin to owners, rather than traditional shareholders or investors.

1.2 The xEarn Dao provides its platform, services, and resources on an "as-is" and "as-available" basis. The xEarn Dao makes no warranties or representations, express or implied, regarding the accuracy, completeness, reliability, or availability of its platform, services, or any content provided therein.

1.3 The xEarn Dao disclaims all warranties, including but not limited to:

  • Implied Warranties: The xEarn Dao disclaims any implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

  • Functionality: The xEarn Dao does not guarantee that its platform will be uninterrupted, error-free, or secure.

  • Results: The xEarn Dao makes no promises or guarantees of financial gain, profitability, or success as a result of membership or participation in the xEarn Dao Developer Union.

  1. Financial and Investment Risks

2.1 Members and participants of the xEarn Dao should be aware of the inherent risks associated with cryptocurrency, blockchain, and Web3 development. These risks include but are not limited to:

  • Market Volatility: Cryptocurrency markets are highly volatile and subject to rapid fluctuations.

  • Loss of Funds: There is a risk of financial loss, including the loss of principal investment.

  • Regulatory Changes: Changes in legal and regulatory environments can impact cryptocurrency and blockchain activities.

  • Project Risks: Investment in or participation in blockchain projects carries the risk of project failure, fraud, or other unforeseen issues.

2.2 Members and participants should conduct their own research and due diligence before making any financial decisions or engaging in any activities related to the xEarn Dao or Web3 development.

  1. No Financial Advice

3.1 Information provided by the xEarn Dao, including content, discussions, and resources, should not be construed as financial or investment advice. The xEarn Dao does not provide financial, legal, or tax advice.

  1. Limitation of Liability

4.1 To the fullest extent permitted by law, the xEarn Dao shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from:

  • Use or inability to use the xEarn Dao platform or services.

  • Unauthorized access to or use of members' and participants' personal information.

  • Any conduct or content of third parties on the xEarn Dao platform.

4.2 This limitation of liability applies regardless of the legal theory upon which the claim is based, including contract, tort, negligence, strict liability, or any other basis.

  1. Indemnification

5.1 Members and participants agree to indemnify and hold harmless the xEarn Dao, its affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of their use of the xEarn Dao platform or services or their violation of these terms and conditions.

  1. Entire Agreement

6.1 This Disclaimer of Warranties and No Promise of Financial Gain constitutes the entire agreement between members, participants, and the xEarn Dao and supersedes all prior and contemporaneous agreements, representations, and understandings.

  1. Contact Us

7.1 For inquiries or concerns regarding this disclaimer, please contact us at [Contact Information].

By participating in the xEarn Dao Developer Union, members and participants acknowledge and agree to the terms of this Disclaimer of Warranties and No Promise of Financial Gain. The xEarn Dao prioritizes transparency and risk awareness while fostering a collaborative environment for Web3 development and innovation. Participants understand that they are not shareholders or investors but active owners contributing to the collective pursuit of opportunities and risks inherent to a decentralized autonomous organization (DAO). The xEarn Dao does not provide financial advice but encourages consultation and collaboration among members.

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