Disclaimer MYSO Protocol
1. Scope
Please read this disclaimer ("Disclaimer") carefully before accessing, interacting with, or using the set of blockchain-based smart contracts that together constitute the MYSO Protocol, the MYSO token, and any related technology (the "MYSO Protocol"). This Disclaimer relates to the use of the MYSO Protocol. The use of services offered by MYSO Association is distinctly separate from the use of the MYSO Protocol and is governed by the General Terms of Service.
ALL FUNCTIONALITIES OF THE MYSO PROTOCOL ARE OF A PURELY TECHNICAL NATURE, ARE NOT ASSOCIATED WITH, AND DO NOT CONVEY ANY LEGAL CLAIM TOWARD ANY ENTITY, INDIVIDUAL, OR GROUP OF INDIVIDUALS, INCLUDING BUT NOT LIMITED TO MYSO ASSOCIATION, ANY INDIVIDUAL OR GROUP OF MYSO PROJECT TEAM MEMBERS, CONTRIBUTORS, MYSO TOKEN HOLDERS OR ANY OTHER THIRD-PARTY.
BY ACCESSING OR USING THE MYSO PROTOCOL, YOU HEREBY REPRESENT AND WARRANT THAT YOU ARE NOT ACCESSING THE MYSO PROTOCOL FROM A PROHIBITED JURISDICTION (AS DEFINED UNDER SECTION 3 OF THE GENERAL TERMS OF SERVICE). DO NOT ATTEMPT TO ACCESS OR USE THE MYSO PROTOCOL IF YOU ARE IN ANY WAY RESTRICTED FROM ACCESSING OR USING. DO NOT USE A VPN OR ANY SIMILAR METHOD, DEVICE, OR TECHNOLOGY TO CIRCUMVENT ANY RESTRICTION.
2. No legal or factual relationship
The MYSO Protocol has been deployed and runs in a decentralized and autonomous manner on the Ethereum network. Neither MYSO Association nor any individual or group of MYSO project team members, contributors, MYSO token holders, or any other third-party is responsible for the operation, running, or functioning of the MYSO Protocol and/or any of the interactions, collaborations, or factual relationships between users and the smart contracts of the MYSO Protocol or between susers themselves. Any use of the terms 'we', 'our' etc., is for semantic purposes only and not to be understood as an assumption of ownership or control of the MYSO Protocol.
Users understand, acknowledge, and agree that:
- No Control: MYSO Association has neither access to nor any other possibility to control and/or influence any transactions, deposits, and/or allocations made by users using the MYSO Protocol. Any assets potentially placed with the smart contracts of the MYSO Protocol are in the sole control of the respective smart contracts and cannot be accessed by MYSO Association or any other third party. There is no operational dependency of the MYSO Protocol on the MYSO Association.
- No liability: MYSO ASSOCIATION HAS NOT AND WILL NOT ENTER INTO ANY LEGAL OR FACTUAL RELATIONSHIP WITH ANY USER OF THE MYSO PROTOCOL. MYSO ASSOCIATION IS, THEREFORE, NOT LIABLE TO ANY USER FOR DAMAGES, INCLUDING ANY GENERAL, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING OUT OF THE USE, IN CONNECTION WITH THE USE OR INABILITY TO USE THE MYSO PROTOCOL (INCLUDING BUT NOT LIMITED TO LOSS OF MYSO TOKEN OR ANY OTHER DIGITAL ASSET OR TOKEN, GOVERNANCE DECISIONS TAKEN BY HOLDERS OF THE MYSO TOKEN, LOSS OF DATA, BUSINESS INTERRUPTION, DATA BEING RENDERED INACCURATE OR OTHER LOSSES SUSTAINED BY A USER OR THIRD-PARTIES RELATED TO THE MYSO PROTOCOL).
- Decentralized governance: Decisions regarding the MYSO Protocol are governed by a dispersed group of supporters, contributors, and participants through the technical governance. You might participate in the governance process in accordance with the respective technical functionalities and parameters.
- No partnership: Users do not agree to and do not state their will to enter into or create a simple partnership, joint venture, or similar sort of legal or factual partnership by accessing or using the MYSO Protocol, by holding the MYSO token, by participating in the MYSO governance and/or interacting with the MYSO Protocol in any other way.
- Release of claims: By accessing or using the MYSO Protocol, you hereby, to the maximum extent permissible under applicable law, release all present and future claims against the MYSO Association, and against any individual or group of MYSO project team members, contributors, or MYSO token holders related to your use of the MYSO Protocol, the MYSO token, the MYSO governance mechanism, and any other facet of the MYSO Protocol.
- Open source license: The MYSO Protocol has been developed and published under an open-source license, which forms an integral part of this Disclaimer.
3. Assumption of risks
The user understands and acknowledges that MYSO Protocol, in particular, and smart contracts, blockchains, cryptographic tokens, and related systems and software, in general, are nascent, experimental, inherently risky, and subject to change. In order to understand the risks associated with using the MYSO Protocol, as well as any other blockchain-based technology, users are strongly encouraged to get acquainted with the underlying protocols as much as possible: DO YOUR OWN RESEARCH.
The following list contains some of the risks associated with the use of the MYSO Protocol, without being exhaustive:
- THE MYSO PROTOCOL IS DEPLOYED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT.
- THE MYSO PROTOCOL IS HIGHLY EXPERIMENTAL, AND ANY DIGITAL ASSETS OR TOKENS (INCLUDING, BUT NOT LIMITED TO, THE MYSO TOKEN) USED IN CONNECTION WITH THE MYSO PROTOCOL ARE AT RISK OF BEING LOST INDEFINITELY, WITHOUT ANY KIND OF CONSIDERATION.
- Although the MYSO Protocol has been security-audited prior to its deployment, THERE IS A HIGH RISK THAT MYSO PROTOCOL MAY CONTAIN BUGS, DEFECTS, OR ERRORS THAT MATERIALLY AND ADVERSELY AFFECT THE USE, FUNCTIONALITY, OR PERFORMANCE OF THE MYSO PROTOCOL OR ANY OTHER PROTOCOL, APPLICATION, OR SERVICE CONTAINING OR USED IN CONNECTION WITH THE MYSO PROTOCOL OR THAT THE MYSO PROTOCOL MAY BE HACKED BY THIRD-PARTIES, POTENTIALLY LEADING TO THE INDEFINITE LOSS OF ANY DIGITAL ASSETS OR TOKENS PLACED WITH THE MYSO PROTOCOL OR NEGATIVELY AFFECTING THE MARKET VALUE (IF ANY) OF THE MYSO TOKEN.
- The MYSO Protocol is built on the Ethereum network (and potentially others) and may make use of other DeFi applications or services. As such, the proper functioning of the MYSO Protocol is dependent on the proper functioning of the underlying and/or incorporated protocols.
- Any transaction done on the MYSO Protocol requires the user to pay gas fees on the Ethereum network (and potentially others). The cost of transactions on the underlying network is variable and may increase or decrease at any time causing impact to any activities taking place on the underlying network.
- Placing transactions on the MYSO Protocol may carry substantial financial risks. Tokens, and any transactions done with tokens, are by nature highly experimental, risky, complex and challenging to understand, and volatile. Transactions entered in connection with the MYSO Protocol are irreversible, final and there are no refunds. Any user understands, acknowledges, and agrees that any transactions entered in connection with the MYSO Protocol are unsolicited and solely initiated, and their outcome is solely born by the user. The risk of loss in transactions with tokens in connection with the MYSO Protocol may be substantial, up to a complete loss. Any user should, therefore, carefully consider whether entering into such transactions is suitable in light of their circumstances, financial background, and financial resources. Any user entering into a transaction in connection with the MYSO Protocol represents and warrants that they have been, are, and will be solely responsible for marking their independent appraisal, investigations, and research into the risks of any given transaction and that they have sufficient knowledge, market sophistication, access and use of professional advice, and overall experience to make a thorough evaluation of the merits and risks involved. Nobody is responsible or liable for any financial loss or injury sustained from entering into any transactions in connection with the MYSO Protocol.
- There are many risks associated with purchasing, owning, using, and transacting with digital assets or cryptographic tokens. Such risks include but are not limited to, adoption, speculation, technology, and security risks.
- The user understands, acknowledges, and agrees that the MYSO tokens (i) do not confer or represent any right of any form, including but not limited to any equity or ownership, voting, distribution, redemption, liquidation, intellectual property, participation, or any sort of right to future capital flows (e.g., rights to receive future revenues, profit shares, or similar), (ii) do not create or confer any enforceable contractual or other legal obligations against any person or entity (including but not limited to MYSO Association, any individual or group of MYSO project members, contributors or MYT holders), (iii) are not any kind of loan, investment, security or other form of participation in the MYSO Protocol, the MYSO project or MYSO Association; and (iv) cannot (on the MYSO Protocol or else) and are not intended to be used as a means of payment or similar.
- The MYSO Protocol is non-custodial. The user is solely responsible for implementing reasonable measures to secure access to the wallet solution (i.e., private key(s) or other credentials) used to interact with MYSO Protocol or receive, hold, send, and use MYSO tokens.
- The MYSO Protocol could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the availability of the MYSO Protocol and your continued use of the MYSO Protocol. The MYSO Protocol has not been reviewed, registered, approved, or licensed by any regulatory agency or authority.
- Further risks associated with the use of the MYSO Protocol may include but are not limited to, risks of software weakness (of the underlying blockchain infrastructure or any protocol or any other software), risks associated with uncertain laws and regulations, risk of abandonment, lack of success or business failure, speculation risk, risks associated with other applications, risks associated with markets for the cryptographic tokens, risk of losing access to cryptographic tokens due to loss of private key(s), custodial errors or errors of the user, risks of hacking, theft and vulnerabilities, risks of mining or validation attacks, risks of incompatible wallet services, risks of hard forks, risk of uninsured losses, risks arising from taxation, risks of an unfavorable fluctuation of currency value, risk of dissolution of the network, risk arising from lack of legal rights, risk associated with third-parties, jurisdiction related risks and/or any unanticipated risks. Any and all of these risks could disrupt the underlying technologies and result in a total loss of cryptographic assets, their market value, or any digital funds. The user is solely responsible for the safekeeping of the private key or other credentials associated with the blockchain address used to interact with the MYSO Protocol. ANY USER THAT IS NOT COMFORTABLE ASSUMING ANY AND ALL RISKS RELATED TO THE ACCESS AND USE OF THE MYSO PROTOCOL OR ENGAGING IN TRANSACTIONS THAT RELY ON SMART CONTRACTS, DIGITAL ASSETS AND CRYPTOGRAPHIC TOKENS, AND OTHER EXPERIMENTAL TECHNOLOGY SHOULD NOT DO SO.