RISK DISCLAIMER
Updated 04.07.2023
Please carefully consider the following risk factors before using any part of our Quakecore platform, as well as before purchasing and/or trading Quakecore tokens or any other cryptographic token offered through our platform. The value of tokens and your ability to access and transfer them can be materially and adversely affected if any of these risk factors materialize. By purchasing tokens, you expose yourself to considerable risk and potential financial losses.
Please note that this Risk Disclaimer is not exhaustive. It is advisable to conduct further research and seek professional advice to determine whether purchasing and/or trading tokens is suitable for your specific financial situation and risk tolerance.
Price Volatility
The price of tokens is subject to dramatic fluctuations and high volatility due to various factors, including but not limited to:
Market trends
Changes in the cryptocurrency industry
Technological advancements
General economic and political conditions
Regulatory measures
Adoption rates
Hacking and security breaches
Due to price volatility, tokens may lose all value and become worthless. We disclaim any responsibility for losses incurred as a result of the inherent price volatility of tokens.
Cryptographic Wallets
Tokens are stored in cryptographic wallets, and access to these wallets is typically secured by private keys or passphrases. Losing access to your private keys may result in the permanent loss of your tokens.
You are solely responsible for implementing appropriate measures to secure access to your private keys and wallets. We do not hold copies of your private keys and will not be responsible for any losses resulting from your inability to access your wallet and/or private keys.
Protocols
Tokens are recorded on distributed ledgers governed by certain rules known as protocols. However, we want to clarify that Quakecore has no control over these protocols. Therefore, we will not be held responsible for any loss arising from or in connection with the protocols.
Laws and Regulations
The legal and regulatory framework surrounding tokens and distributed ledger technology is uncertain and varies across jurisdictions. New regulations could be introduced that may interfere with or limit your ability to hold or dispose of tokens, potentially resulting in financial losses.
We are not responsible for any losses you may suffer due to newly introduced legal and regulatory frameworks.
Taxation
The tax treatment of tokens is complex and uncertain. Failure to comply with your tax obligations related to purchasing, holding, transferring, or utilizing tokens may result in severe fines and penalties.
We are not responsible for any losses or liabilities arising from your failure to comply with applicable tax laws.
Unanticipated Risks
In addition to the risks mentioned above, there may be unforeseen risks associated with the purchase, holding, trading, and use of tokens. These risks may arise as unanticipated variations or combinations of the risks discussed in this disclaimer.
This Risk Disclaimer is not exhaustive and does not cover all risks involved in the purchase, holding, trading, and use of tokens. Subject to the terms of the End User License Agreement (EULA), we disclaim responsibility or liability for any losses suffered as a result of unanticipated risks.
By using our Quakecore platform and engaging in token transactions, you acknowledge and accept these risks. It is recommended that you seek independent advice and conduct thorough research before engaging in any activities related to tokens.
If you do not agree with this Risk Disclaimer, you should refrain from using our Quakecore platform and participating in token transactions.
The information provided on the Quakecore website is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.
Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website, you may be able to link to other websites that are not under the control of Quakecore. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, Quakecore takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
The content and materials on the Quakecore website are subject to change without notice.