Warranty Disclaimer & Disclosures
THE SERVICE MAY CONTAIN CONTENTS OF THE COMPANY’S PARTNERS, VENDORS, GAME DEVELOPERS, ETC. AND/OR LINKS TO THIRD-PARTY WEBSITES AND SERVICES. SUCH SERVICES AND/OR LINKS ARE PROVIDED FOR USERS’ CONVENIENCE, AND THE COMPANY DOES NOT GUARANTEE, SUGGEST OR IMPLY THE SAFETY OF ANY THIRD-PARTY WEBSITE OR THE LEGALITY OR CONFORMITY OF ANY SUCH THIRD-PARTY SERVICE. THE COMPANY IS NOT RESPONSIBLE FOR MAINTAINING ANY MATERIALS REFERENCED FROM ANOTHER SITE, AND MAKES NO WARRANTIES, NOR ENDORSEMENT FOR THAT SITE OR RESPECTIVE SERVICE. THE COMPANY ASSUMES NO OBLIGATIONS IN THE EVENT OF ANY DAMAGE OR LOSS, OR ANY OTHER IMPACT, DIRECTLY OR INDIRECTLY RESULTING FROM THE USE OF ANY CONTENT, GOODS OR SERVICES AVAILABLE ON OR THROUGH ANY SUCH THIRD-PARTY SERVICES AND RESOURCES. PLEASE ALSO NOTE THAT THESE SERVICES MAY HAVE THEIR OWN POLICIES. YOU WOULD HAVE AGREED TO THOSE POLICIES UPON ACCESSING, USING OR SIGNING UP TO THOSE SITES AND/OR SERVICES, AND WE ARE NOT RESPONSIBLE NOR LIABLE IN ANY WAY TO YOU OR ANY THIRD PARTY IN RESPECT OF THOSE POLICIES.
YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND AGREE THAT WE HAVE NO LIABILITY OR RESPONSIBILITY FOR ANY BREACH OF SECURITY UNLESS IT IS DUE TO OUR GROSS NEGLIGENCE.
WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSSES YOU INCUR AS THE RESULT OF YOUR USE OF THE ETHEREUM NETWORK, POLYGON NETWORK, THE METAMASK ELECTRONIC WALLET, AND LUXON ELECTRONIC WALLET, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM:
(A) USER ERROR, SUCH AS FORGOTTEN PASSWORDS OR INCORRECTLY CONSTRUED SMART CONTRACTS OR OTHER TRANSACTIONS;
(B) SERVER FAILURE OR DATA LOSS;
(C) CORRUPTED WALLET FILES;
(D) UNAUTHORIZED ACCESS OR ACTIVITIES BY THIRD PARTIES, INCLUDING BUT NOT LIMITED TO THE USE OF VIRUSES, PHISHING, BRUTE FORCING OR OTHER MEANS OF ATTACK AGAINST THE APP, ETHEREUM NETWORK, POLYGON NETWORK OR THE METAMASK ELECTRONIC WALLET.
LUXON IS NOT RESPONSIBLE FOR LOSSES DUE TO BLOCKCHAINS OR ANY OTHER FEATURES OF THE ETHEREUM NETWORK, THE METAMASK ELECTRONIC WALLET, INCLUDING BUT NOT LIMITED TO LATE REPORT BY DEVELOPERS OR REPRESENTATIVES (OR NO REPORT AT ALL) OF ANY ISSUES WITH THE BLOCKCHAIN SUPPORTING THE ETHEREUM NETWORK, POLYGON NETWORK, INCLUDING FORKS, TECHNICAL NODE ISSUES, OR ANY OTHER ISSUES HAVING FUND LOSSES AS A RESULT.
The Company uses reasonable efforts to maintain operations of the LUXON Service. However, the Company shall not be held liable for any disruption or discontinuation of the Service due to natural disasters or other force majeure events.
- Market Risk:
The value of Digital Assets are derived from supply and demand in the global marketplace, which can rise or fall independent of any government currency. Holding Digital Assets carries exchange rate and other types of risk. The value of Digital Assets may be derived from the continued willingness of market participants to exchange traditional government currency for digital rewards, which may result in the potential for permanent and total loss of value of a particular digital reward should the market disappear. The volatility and unpredictability of the price and value of Digital Assets, relative to government currency, may result in significant loss over a short period of time. LUXON cannot guarantee or warrant the value of any Digital Asset, and explicitly warns the User that there is no reason to believe that any Digital Asset will increase in value, and that they may hold no value, decrease in value, or entirely lose value.
- Regulatory Risk:
Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of Digital Assets. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact the Services in various ways, including, for example, through a determination that any of the above are regulated financial instruments that require membership. LUXON may cease any distribution of any of the above, the development of the Services or cease operations in a jurisdiction in the event that governmental actions make it unlawful or commercially undesirable to continue to do so. The industry in which LUXON operates is new, and may be subject to heightened oversight and scrutiny, including investigations or enforcement actions. There can be no assurance that governmental, quasi-governmental, regulatory or other similar types of (including banking) authorities will not examine the operations of LUXON and/or pursue enforcement actions against LUXON. Such governmental activities may or may not be the result of targeting LUXON in particular. All of this may subject LUXON to judgments, settlements, fines or penalties, or cause LUXON to restructure its operations and activities or to cease offering certain products or services, all of which could harm LUXON’s reputation or lead to higher operational costs, which may in turn have a material adverse effect on the Services.
- Technology Risk:
Digital Assets transactions may be irreversible and losses due to fraudulent or accidental transactions may not be recoverable. Some virtual transactions are deemed to be made when recorded on a public ledger, which may not necessarily be the date or time the user initiated the transaction. The nature of such virtual transactions may lead to an increased risk of fraud or cyber-attacks.
- User Data:
We will maintain certain data that you transmit to the Site and the Smart Contracts for the purpose of managing the performance of the Site and the Smart Contracts, as well as data relating to your use of the Site and the Smart Contracts, in order to upgrade and provide personalized service in LUXON platform.