Legal Disclaimer
Legal Disclaimer
Important Notice
Before engaging in any activity related to Purps, please read this legal disclaimer in its entirety. This document does not constitute legal, financial, business, or tax advice. You should consult with your own professional advisors before making any decisions regarding Purps or its ecosystem.
Neither Purps Exchange LLC (“the Company”), its project contributors (“Purps Project Contributors”), token distributors or vendors (“the Distributor”), nor any affiliated service providers shall be liable for any direct or indirect damages, losses, or liabilities that may arise from accessing or utilizing information found on the Purps website (https://www.purps.xyz) or any related materials, including but not limited to whitepapers, documentation, or announcements.
Purpose of Purps
The Purps token is intended solely for participation within the Purps ecosystem and the services it provides. It is not designed as an investment or financial instrument. The Company and its affiliates contribute to the development and maintenance of Purps but do not serve as financial advisors or fiduciaries in relation to the distribution of Purps tokens.
Informational Nature of Documents
All materials published by Purps, including whitepapers, website content, and marketing materials, are for informational purposes only. They do not constitute an offering, solicitation, or financial commitment of any kind.
• The whitepaper outlines the conceptual framework and development goals of Purps but is not legally binding.
• Any third-party information referenced within Purps’ materials has not been independently verified.
• The project roadmap, ecosystem functionality, and platform features are subject to change, and Purps is under no obligation to update or revise its documentation.
By accessing Purps materials, you acknowledge that you are not relying on these materials for financial or investment decisions.
Legal and Regulatory Considerations
Purps does not constitute an offer to sell, trade, or distribute securities, commodities, or investment contracts in any jurisdiction. Participation in Purps’ ecosystem is voluntary and subject to compliance with local laws and regulations.
• If you reside in a country where participation in token distributions is restricted by law (e.g., the United States, Canada, or China), you may not acquire Purps tokens.
• Purps and its affiliates do not guarantee compliance with any regulatory authority, nor do they offer warranties regarding the future legality or status of the Purps token in any jurisdiction.
Purps reserves the right to request identity verification documents to comply with applicable regulations.
Understanding Purps Token
Purps tokens are designed for use within the Purps ecosystem and carry no intrinsic or financial value. Specifically:
• Purps tokens are not physical assets and do not represent ownership, shares, dividends, or voting rights in any entity.
• They are non-refundable and cannot be exchanged for fiat currency, digital assets, or other forms of financial compensation.
• Holding Purps does not entitle users to revenue, profits, or any legal claims against Purps Exchange LLC or its affiliates.
• Purps tokens are not loans, bonds, or debt instruments, and there is no expectation of profit from holding them.
Any potential secondary market for Purps tokens will operate independently of the Company. Purps Exchange LLC does not create or manage secondary markets and will not act as an exchange.
Risk Acknowledgment
By interacting with Purps, you acknowledge and accept the risks associated with digital assets, including but not limited to:
• Market volatility and the potential loss of value.
• Regulatory changes that may impact the use or legality of Purps tokens.
• Security risks, including hacking, fraud, or loss of private keys.
Purps Exchange LLC, its contributors, and affiliates disclaim all liability for losses, damages, or disruptions related to the Purps ecosystem.
Final Provisions
• No regulatory body has reviewed or approved Purps’ materials or operations.
• Purps materials may be updated at any time without prior notice.
• The English version of this disclaimer is the authoritative version; translated versions are for reference only.
By accessing Purps’ website, whitepaper, or services, you agree to these terms and acknowledge that your participation is at your own risk.
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