IMPORTANT NOTICE: THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT, FINANCIAL, LEGAL, OR TAX ADVICE. FVC TOKENS HAVE NOT BEEN REGISTERED AS SECURITIES WITH THE SEC, FCA, OR ANY OTHER REGULATORY AUTHORITY. PURCHASING FVC TOKENS IS HIGHLY SPECULATIVE AND INVOLVES A HIGH DEGREE OF RISK. YOU MAY LOSE ALL OF YOUR MONEY. DO NOT PURCHASE FVC TOKENS UNLESS YOU CAN AFFORD A COMPLETE AND TOTAL LOSS OF YOUR ENTIRE PURCHASE AMOUNT.
You hereby acknowledge and agree that your access to and utilization of our Services is undertaken entirely at your own risk. Prior to using the Services or acquiring any tokens, you should independently assess your financial position, objectives, and circumstances and determine whether such participation is suitable for you. You acknowledge the possibility of complete and irreversible loss of your financial assets and accept that recovery from such loss may be difficult or impossible.
You expressly acknowledge that engaging with cryptocurrencies involves significant and speculative risks. Cryptocurrencies are subject to extreme price volatility, rapid market fluctuations, and limited or inconsistent liquidity, and you may incur substantial or total losses within a short period of time. Transactions involving cryptocurrencies may be irreversible, and losses resulting from fraudulent activity, accidental transfers, technical errors, or third-party actions may be impossible to recover. In certain circumstances, a cryptocurrency or related market may cease to exist entirely due to regulatory intervention, lack of adoption, or market failure, resulting in irreversible loss of all funds contributed.
You acknowledge and agree that FVC tokens are utility tokens designed solely to provide access to the FVC protocol’s grant funding and ecosystem mechanisms. FVC tokens do not represent or confer any equity, shares, ownership interest, debt, loan, profit-sharing right, revenue entitlement, dividend right, governance or voting right, or any claim against FVC Digital Ltd, any affiliated entity, or any startups funded through the protocol. FVC tokens do not guarantee any future value, return, or liquidity. The acquisition of FVC tokens does not create any contractual, fiduciary, partnership, joint venture, or agency relationship between you and any funded startup or any other third party.
You further acknowledge that the Services, protocol, and any associated network are subject to development, operational, and execution risks. The successful development, completion, and functionality of the Services depend on multiple factors, including technical challenges, software defects, security vulnerabilities, regulatory developments, availability of funding, and the continued involvement of developers, service providers, and partners. Any aspect of the Services may be modified, delayed, suspended, discontinued, or fail to function as intended, and there is no assurance that the Services will be completed, adopted, or commercially successful.
You acknowledge that the stability and availability of the Services and any underlying network may be affected by factors beyond our control, including hacking attempts, cybersecurity breaches, distributed denial-of-service attacks, insufficient funding, fluctuations in the value of funds received, loss of key personnel, recruitment difficulties, lack of public adoption, competitive pressures, or the failure of third-party infrastructure or service providers. There is no guarantee that the Services will be uninterrupted, timely, secure, or error-free.
You recognize the inherent risks associated with blockchain technology and smart contracts, including bugs, flaws, or vulnerabilities that may be exploited by malicious actors. You acknowledge that you are solely responsible for maintaining the security of your login credentials, private keys, passwords, passphrases, identifiers, backup data, and any other access information associated with your use of the Services, including those linked to third-party applications or service providers. Any loss, compromise, or misuse of such credentials may result in irreversible loss of tokens or assets, for which we assume no responsibility.
You further acknowledge that the protocol’s funding and revenue-related mechanisms depend on third-party startups generating revenue and accurately reporting such revenue. Funded startups may fail, underperform, misreport revenue, or cease operations entirely, and token holders have no legal or contractual claims against such startups. You also acknowledge that FVC’s interest-free and Shariah-compliant structure is based on current religious and scholarly interpretations, which may be challenged, revised, or revoked by relevant authorities, potentially affecting market perception, token utility, or demand. There is no guarantee that FVC tokens will be listed on any exchange or that any secondary market liquidity will develop or be sustained.
If you acquire FVC tokens during a presale or early distribution phase, you acknowledge that additional risks apply, including lock-up or vesting periods, delays or cancellation of token generation events, changes to token economics, and the possibility that tokens may never be listed on any exchange or achieve secondary market liquidity. You acknowledge that any future token price may be lower than the price paid or that no listing may occur at all, and you should only participate if you are prepared to hold tokens indefinitely with no ability to sell or transfer them.
You acknowledge that the use, transferability, value, and availability of tokens and cryptocurrencies are subject to applicable laws and regulations, which may change at any time. FVC tokens are not offered, sold, or distributed to, and may not be purchased by, any person who is a citizen, resident, or located in the United States of America or any jurisdiction where such offer or sale would be unlawful or require registration or licensing. You represent and warrant that you are not located in, a resident of, or acting on behalf of any restricted jurisdiction, and that you will not transfer tokens to any prohibited person. We reserve the right to restrict or terminate access for any user who misrepresents their jurisdiction.
To the maximum extent permitted by applicable law, FVC Digital Ltd, its directors, officers, employees, agents, advisors, and affiliates shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages arising out of or relating to your acquisition, holding, use, or inability to use FVC tokens or the Services, regardless of the cause of action or theory of liability. In no event shall the aggregate liability of FVC Digital Ltd exceed the amount actually paid by you for FVC tokens.
You expressly acknowledge and agree that you have no recourse, claim, or right of action against FVC Digital Ltd or any related parties for any loss arising from fluctuations in token value, technical failures, security breaches, protocol changes, regulatory actions, startup underperformance, loss of Shariah-compliant status, exchange delistings, loss of liquidity, or any other cause whatsoever. This waiver is irrevocable and shall survive termination of any agreement or use of the Services.
You further acknowledge that you are solely responsible for determining and fulfilling any tax obligations arising from your acquisition, holding, use, or disposal of FVC tokens in your jurisdiction. FVC Digital Ltd does not provide tax advice and makes no representations regarding the tax treatment of FVC tokens. You should consult an independent tax professional regarding your specific circumstances.