📣Disclaimer
DISCLAIMERS
PLEASE READ THE ENTIRETY OF THIS "DISCLAIMER" SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER THE COMPANY ISSUING THE $LRD TOKENS (“COMPANY”), ANY OF THE TEAMS OR CONTRIBUTORS WHO HAVE WORKED ON BLOCKLORDS TO DEVELOP $LRD AND/OR BLOCKLORDS IN ANY WAY WHATSOEVER, ANY CONTRIBUTORS OR CONTRACTOR OF $LRD TOKENS, NOR ANY SERVICE PROVIDER (COLLECTIVELY, “CONTRIBUTORS”) SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THE MATERIALS, THE WEBSITE AT (“WEBSITE”) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY (COLLECTIVELY, “MATERIALS”).
Nature of the Materials: The Materials are intended for general informational purposes only and do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, or any offer to sell any product, item, or asset (whether digital or otherwise). The information herein may not be exhaustive and does not imply any element of a contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information. Any information provided in the gitbook , whitepaper or litepaper and in the Materials or Website will be updated and changed from time to time with or without notification. Where the Materials or the Website includes information that has been obtained from third party sources, the Company, the Contributors and/or their respective affiliates have not independently verified the accuracy or completeness of such information. Neither of the Company or any of the Contributors and/or their respective affiliates are acting in the capacity as a financial advisor or fiduciary of any person with regard to the distribution of $LRDS. Further, you acknowledge that circumstances may change and that the Materials or the Website may become outdated as a result; and neither the Company nor the Contributors is under any obligation to update or correct the Materials in connection therewith.
Token Documentation: Nothing in the Materials or the Website constitutes any offer by the Company or the Contributors to sell any $LRDS nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision. Nothing contained in the Materials or the Website is or may be relied upon as a promise, representation or undertaking as to the future performance of BLOCKLORDS. The agreement between the Contributors (or any third party) and you, in relation to any distribution or transfer of $LRDS, is to be governed only by the separate terms and conditions of such agreement.
The information set out in the Materials and the Website is for information only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition of $LRDS, and no digital asset or other form of payment is to be accepted on the basis of the Materials or the Website. The agreement for distribution of $LRDS and/or continued holding of $LRDS shall be governed by a separate set of terms and conditions (the “Terms and Conditions”) or definitive agreement(s) (as the case may be) setting out the terms of such distribution and/or continued holding of $LRDS, which may be separately provided to you or made available on the Website as appropriate and applicable. The Terms and Conditions or definitive agreement(s) must be read together with the Materials. In the event of any inconsistencies between the Terms and Conditions, definitive agreement(s) and the Materials or the Website, the Terms and Conditions and the definitive agreement(s) shall prevail.
Deemed Representations and Warranties: By accessing the Materials or the Website (or any part thereof), you shall be deemed to represent and warrant to the Company, the Contributors, their respective affiliates, as follows:
(a) in any decision to acquire any $LRDS, you have shall not rely on any statement set out in the Materials or the Website;
(b) you will and shall at your own expense ensure compliance with all laws, regulatory requirements and restrictions applicable to you (as the case may be);
(c) you acknowledge, understand and agree that there is no guarantee or representation of value or liquidity for $LRDS, and $LRDS is not to be considered as an investment product nor is it intended for any speculative investment whatsoever;
(d) none of the Company, the Contributors and/or their respective affiliates shall be responsible for or liable for the value of $LRDS, the transferability and/or liquidity of $LRDS and/or the availability of any market for $LRDS through third parties or otherwise; and
(e) you acknowledge, understand and agree that you are not eligible to participate in the distribution of $LRDS if you are a citizen, national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i) where it is likely that the distribution of $LRDS would be construed as the sale of a security (howsoever named), financial service or investment product and/or (ii) where participation in token distributions is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation the United States of America and the People's Republic of China); and to this effect you agree to provide all such identity verification document when requested in order for the relevant checks to be carried out.
The Company and the Contributors do not and do not purport to make, and hereby disclaims, all representations, warranties or undertaking to any entity or person (including without limitation warranties as to the accuracy, completeness, timeliness, or reliability of the contents of the Materials or the Website, or any other materials published by the Company or the Contributors). To the maximum extent permitted by law, the Company, the Contributors, their respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including, without limitation, any liability arising from default or negligence on the part of any of them, or any loss of revenue, income or profits, and loss of use or data) arising from the use of the Materials or the Website, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same. Prospective acquirors of $LRD should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the distribution of $LRD, the Company and/or the Contributors.
$LRD Token: $LRD are designed to be utilised, and that is the goal of the $LRD distribution. In fact, the project to develop BLOCKLORDS would fail if all $LRD holders simply held onto their $LRD and did nothing with it. In particular, it is highlighted that $LRD:
(a) does not have any tangible or physical manifestation, and does not have any intrinsic value (nor does any person make any representation or give any commitment as to its value);
(b) is non-refundable and cannot be exchanged for cash (or its equivalent value in any other digital asset) or any payment obligation by the Company, the Contributors or any of their respective affiliates;
(c) does not represent or confer on the token holder any right of any form with respect to the Company, the Contributors (or any of their respective affiliates), or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or licence rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to BLOCKLORDS, the Company, the Contributors and/or their service providers;
(d) is not intended to represent any 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;
(e) is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme or any other kind of financial instrument or investment;
(f) is not a loan to the Company, the Contributors or any of their respective affiliates, is not intended to represent a debt owed by the Company, the Contributors or any of their respective affiliates, and there is no expectation of profit; and
(g) does not provide the token holder with any ownership or other interest in the Company, the Contributors or any of their respective affiliates.
Notwithstanding the $LRD distribution, users have no economic or legal right over or beneficial interest in the assets of the Company, the Contributors, or any of their affiliates after the token distribution.
Informational purposes only: The information set out herein is only conceptual, and describes the future development goals for BLOCKLORDS to be developed without any binding commitment. Please do not rely on this information in deciding whether to participate in the token distribution because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the Company, the Contributors or their respective affiliates, and is subject to change. Further, the Materials or the Website may be amended or replaced from time to time. There are no obligations to update the Materials or the Website, or to provide recipients with access to any information beyond what is provided herein.
Regulatory approval: No regulatory authority has examined or approved, whether formally or informally, any of the information set out in the Materials or the Website. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Materials or the Website does not imply that the applicable laws, regulatory requirements or rules have been complied with.
Cautionary Note on forward-looking statements: All statements contained herein, statements made in press releases or in any place accessible by the public and oral statements that may be made by the Company and/or the Contributors, may constitute forward-looking statements (including statements regarding the intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices). You are cautioned not to place undue reliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results to be materially different from that described by such forward-looking statements, and no independent third party has reviewed the reasonableness of any such statements or assumptions. These forward-looking statements are applicable only as of the date indicated in the Materials, and the Company and the Contributors expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward-looking statements to reflect events after such date.
References to companies and platforms: The use of any company and/or platform names or trademarks herein (save for those which relate to the Company, the Contributors or their respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Materials or the Website to specific companies and platforms are for illustrative purposes only.
English language: The Materials and the Website may be translated into a language other than English for reference purpose only and in the event of conflict or ambiguity between the English language version and translated versions of the Materials or the Website, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Materials and the Website.
No Distribution: No part of the Materials or the Website is to be copied, reproduced, distributed or disseminated in any way without the prior written consent of the Company or the Contributors. By attending any presentation on the Materials or by accepting any hard or soft copy of the Materials, you agree to be bound by the foregoing limitations.
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