Node Disclaimer
PLEASE CAREFULLY REVIEW THE ENTIRETY OF THIS "LEGAL DISCLAIMER" SECTION. THE INFORMATION PROVIDED HERE DOES NOT CONSTITUTE LEGAL, FINANCIAL, BUSINESS, OR TAX ADVICE. IT IS STRONGLY RECOMMENDED THAT YOU SEEK GUIDANCE FROM YOUR OWN LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISORS BEFORE ENGAGING IN ANY RELATED ACTIVITIES. NEITHER OPENPAD (THE COMPANY), ANY CONTRIBUTORS TO THE OPENPAD PROJECT, ANY DISTRIBUTORS OR VENDORS OF NODE LICENSES (OR ANY RENAMED OR SUCCESSOR TOKENS), NOR ANY SERVICE PROVIDERS SHALL BE RESPONSIBLE FOR ANY DIRECT OR INDIRECT DAMAGES OR LOSSES YOU MAY INCUR IN CONNECTION WITH ACCESSING THIS DOCUMENT, ANY RELATED MATERIALS, OR THE INFORMATION AVAILABLE ON THE WEBSITE AT HTTPS://OPENPAD.IO/ (INCLUDING ANY SUBDOMAINS) OR ANY OTHER COMMUNICATIONS FROM THE COMPANY OR ITS REPRESENTATIVES.
Project Purpose: You acknowledge that you are acquiring a Node License NFT to participate in OpenPad and to access the services within its ecosystem. The Company, the Distributor, and their respective affiliates will develop and contribute to the underlying source code for OpenPad. The Company is acting solely as an independent third party in relation to the distribution of the Node License NFT and is not serving as a financial advisor or fiduciary for anyone regarding this distribution.
Eligibility: To be eligible to use the Website (including its services) or participate in the Node License NFT distribution, you must be at least eighteen (18) years old. The Website, its interface, and services are strictly NOT offered to individuals or entities that reside in, are citizens of, are incorporated in, or have a registered office in any Restricted Territory, as defined below (any such individual or entity from a Restricted Territory shall be referred to as a Restricted Person). If you are a Restricted Person, do not attempt to access or use the Website. The use of a virtual private network (VPN) or other methods by Restricted Persons to access the Website, interface, or services is prohibited. For the purposes of these Terms, Restricted Territory includes the United States, China, North Korea, Pakistan, Russia, Ukraine, Serbia, Tunisia, Uganda, Turkey, Iran, Iraq, Liberia, Libya, Syrian Arab Republic, Tajikistan, Uzbekistan, Yemen, Sri Lanka, Belarus, Venezuela, or any other state, country, or region subject to sanctions enforced by the United States, the United Kingdom, or the European Union.
Validity of Token Documentation and Website: Nothing in the Token Documentation or on the Website constitutes an offer by the Company, the Distributor, or the OpenPad team to sell any Node License NFT (as defined herein). Additionally, no part of it, nor its presentation, should be relied upon in connection with any contract or investment decision. The information contained in the Token Documentation or the Website does not represent a promise or guarantee regarding the future performance of OpenPad. Any agreement between the Distributor (or any third party) and you regarding the distribution or transfer of Node License NFT will be governed solely by the specific terms and conditions of that agreement.
Deemed Representations and Warranties: By accessing the Token Documentation or the Website (or any part thereof), you are deemed to represent and warrant to the Company, the Distributor, their affiliates, and the OpenPad team as follows:
In any decision to acquire a Node License NFT, you have not relied and will not rely on any statements made in the Token Documentation or on the Website.
You will, at your own expense, ensure compliance with all applicable laws, regulations, and restrictions.
You acknowledge and agree that Node License NFTs may have no value, that there are no guarantees or representations regarding their value or liquidity, and that Node License NFTs are not investment products and are not intended for speculative investment.
Neither the Company, the Distributor, their affiliates, nor the OpenPad team will be responsible for or liable for the value of Node License NFTs, their transferability or liquidity, or the availability of any market for them through third parties or otherwise.
The Company, the Distributor, and the OpenPad team do not make, nor do they claim to make, any representations, warranties, or commitments to any individual or entity, including, but not limited to, warranties regarding the accuracy, completeness, timeliness, or reliability of the contents of the Token Documentation or the Website, or any other materials published by the Company or the Distributor. To the fullest extent permitted by law, the Company, the Distributor, their affiliates, and service providers will not be liable for any indirect, special, incidental, consequential, or other losses of any kind, whether in tort, contract, or otherwise (including any liability arising from default or negligence, or any loss of revenue, income, profits, or data) that arise from the use of the Token Documentation or the Website, or any materials published, or from their contents (including any errors or omissions). Prospective purchasers of Node License NFTs should carefully assess and evaluate all risks and uncertainties (including financial and legal risks) associated with the distribution of Node License NFTs, the Company, the Distributor, and the OpenPad team.
Node License NFT: Node License NFTs are intended for utilization, which is the primary objective of their distribution. Specifically, it is important to note that Node License NFTs:
Do not have any tangible or physical form and lack intrinsic value or pricing, with no representations or commitments made regarding their value.
Are non-refundable, cannot be redeemed for any assets from any entity or organization, and cannot be exchanged for cash or equivalent value in any other digital asset, nor are there any payment obligations from the Company, the Distributor, or their affiliates.
Do not grant the token holder any rights regarding the Company, the Distributor, or their affiliates, including rights to revenue, assets, future dividends, shares, voting rights, financial statements, or participation in meetings or decision-making.
Are not intended to represent any rights under contracts for differences or any agreements aimed at securing profits or avoiding losses.
Do not represent money (including electronic money), payment instruments, securities, commodities, bonds, debt instruments, or any other kind of financial instrument or investment.
Are not loans to the Company, the Distributor, or their affiliates, nor do they represent any debt owed by these entities, and there are no expectations of profit or interest payments.
Do not provide token holders with any ownership or interest in the Company, the Distributor, or their affiliates.
Regardless of the Node License NFT distribution, users have no economic or legal rights or beneficial interests in the assets of the Company, the Distributor, or any of their affiliates after the distribution of tokens.
If a secondary market or exchange for trading Node License NFTs develops, it will operate independently from the Company, the Distributor, and the distribution of Node License NFTs. Neither the Company nor the Distributor will create such secondary markets or act as an exchange for Node License NFTs.
English Language: The Token Documentation and the Website may be translated into languages other than English for reference purposes only. In the event of any conflict or ambiguity between the English version and translated versions, the English version will take precedence. You acknowledge that you have read and understood the English version of the Token Documentation and the Website.
No Distribution: No part of the Token Documentation or the Website may be copied, reproduced, distributed, or disseminated in any form without the prior written consent of the Company or the Distributor. By attending any presentation related to this Token Documentation or by accepting any hard or soft copy of it, you agree to adhere to these restrictions.
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