Disclaimer
General Disclaimer This white paper and any associated documents are provided for informational purposes only and do not constitute financial, investment, legal, or other professional advice. Skills Labs makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the information provided. By accessing or using the Skills Labs ecosystem, you acknowledge that you have read, understood, and agree to this disclaimer in its entirety.
Accuracy of Information While every effort is made to ensure that the information provided in this white paper is accurate and up to date, Skills Labs assumes no responsibility for any errors, omissions, or inaccuracies. The information contained herein may be subject to change without notice, and Skills Labs is under no obligation to update or correct any information provided.
Token Disclaimer SKILL tokens are utility tokens intended to provide access to specific features of the Skills Labs ecosystem. They are not, and should not be considered, financial products, securities, or investments. The purchase, holding, and use of SKILL tokens do not entitle you to any ownership, control, or other rights in Skills Labs or any of its affiliates.
Bridge Disclaimer Please be aware that manual bridge transaction times may vary, and the market price of SKILL tokens may fluctuate during the bridging process. The cost of using the bridge will be deducted from your bridged amount. If the bridged amount is less than the required fee, your assets may be permanently lost. Bridged transactions are handled manually by the Skills Labs team and may experience longer-than-normal processing times. Skills Labs, its affiliates, and contributors are not responsible or liable for any loss or damage that may arise from delays, market fluctuations, or other factors associated with the bridging process. Use the bridge service at your own risk and discretion.
Financial Interests Skills Labs, its affiliates, and contributors may have financial interests in SKILL tokens and other related assets. These parties may engage in transactions that could impact the market price of these tokens. You acknowledge and accept that such financial interests exist and that they may influence the decisions or actions of Skills Labs and its affiliates.
Liability Limitation To the fullest extent permitted by law, Skills Labs, its affiliates, and contributors shall not be liable for any direct, indirect, incidental, consequential, or any other form of loss or damage arising from your reliance on the information contained herein or your participation in the Skills Labs ecosystem. This includes, but is not limited to, losses resulting from inaccuracies, omissions, delays, or interruptions in the services provided.
Intellectual Property Rights All intellectual property rights related to the Skills Labs ecosystem, including but not limited to trademarks, logos, content, software, and technology, are the exclusive property of Skills Labs or its licensors. Unauthorized use, reproduction, or distribution of any intellectual property is strictly prohibited.
Jurisdiction and Compliance It is your responsibility to comply with all local laws and regulations applicable to your participation in the Skills Labs ecosystem. Skills Labs does not provide legal advice, and you should consult with your own legal advisors to ensure that your activities within the ecosystem are compliant with applicable laws.
No Guarantees of Profit Skills Labs does not guarantee any level of profit or return on investment in connection with the purchase, holding, or use of SKILL tokens. Participation in the Skills Labs ecosystem is inherently risky, and you should only participate if you are prepared to lose your entire investment.
Independent Research We strongly advise you to conduct your own independent research and consult with professional advisors before making any financial decisions related to SKILL tokens or the Skills Labs ecosystem. The information provided in this white paper is not intended to serve as a substitute for such research or professional advice.
Risks Associated with Decentralized Finance (DeFi) Participation in decentralized finance (DeFi) involves significant risks, including but not limited to market volatility, smart contract vulnerabilities, regulatory changes, and potential loss of funds. By participating in the Skills Labs ecosystem, you acknowledge and accept these risks.
No Responsibility for Third-Party Services Skills Labs may integrate with or utilize third-party services, platforms, or technologies. Skills Labs assumes no responsibility or liability for any issues, losses, or damages arising from your use of these third-party services. You are solely responsible for understanding and accepting the terms and conditions of any third-party services you use in connection with the Skills Labs ecosystem.
Changes to the Ecosystem Skills Labs reserves the right to modify, update, or discontinue any aspect of the ecosystem, including but not limited to tokenomics, incentives, and governance structures, at any time without prior notice. Such changes may impact the value, utility, or function of SKILL tokens.
Tax and Legal Obligations You are solely responsible for determining and fulfilling any tax or legal obligations that arise from your participation in the Skills Labs ecosystem. Skills Labs does not provide tax or legal advice and assumes no responsibility for any tax or legal liabilities you may incur.
Force Majeure Skills Labs shall not be liable for any delay, failure, or interruption in the provision of services resulting from events beyond its reasonable control, including but not limited to natural disasters, acts of war, cyber-attacks, regulatory changes, or other unforeseeable events.
Governing Law and Dispute Resolution This disclaimer, and any disputes arising from your participation in the Skills Labs ecosystem, shall be governed by and construed in accordance with the laws of the applicable jurisdiction. Any disputes shall be resolved through binding arbitration in the jurisdiction specified by Skills Labs.
Severability If any provision of this disclaimer is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect.
No Waiver The failure of Skills Labs to enforce any provision of this disclaimer shall not be deemed a waiver of its right to enforce that or any other provision in the future.
Third-Party Beneficiaries This disclaimer does not create any third-party beneficiary rights. It is intended solely for the benefit of Skills Labs and its participants.
No Fiduciary Duties Skills Labs does not owe any fiduciary duties to participants in the ecosystem. Your participation is voluntary, and you are responsible for your own decisions and actions within the ecosystem.
Indemnification You agree to indemnify and hold harmless Skills Labs, its affiliates, and contributors from any claims, losses, damages, or expenses arising out of your participation in the Skills Labs ecosystem or your breach of this disclaimer.
Forward-Looking Statements This white paper may contain forward-looking statements that reflect Skills Labs' current expectations regarding future events or developments. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Skills Labs undertakes no obligation to update or revise any forward-looking statements.
Token Utility and Non-Investment Nature SKILL tokens are intended solely as a utility token within the Skills Labs ecosystem. They do not confer any rights of ownership, investment returns, or profit-sharing. Participants should not expect to profit from the acquisition, holding, or use of SKILL tokens.
No Guarantees on Value The value of SKILL tokens may fluctuate based on market conditions and other factors beyond Skills Labs' control. Skills Labs makes no guarantees regarding the future value or performance of SKILL tokens.
Changes to the White Paper Skills Labs reserves the right to modify or update this white paper at any time without prior notice. It is your responsibility to review the most current version of the white paper before making any decisions related to the Skills Labs ecosystem.
No Right to Refunds All transactions involving SKILL tokens are final and non-reversible. Skills Labs does not offer refunds or compensation for any tokens purchased, held, or used within the ecosystem.
Confidentiality and Privacy Skills Labs is committed to respecting your privacy. We do not request or collect any personal, self-identifying information. However, please note that blockchain transactions are inherently transparent, and Skills Labs has no control over the privacy of such transactions.
Community and Governance Skills Labs is committed to fostering a vibrant and active community. While community-driven proposals and governance are encouraged, they are advisory in nature and not binding on Skills Labs or its affiliates.
Jurisdiction and Governing Law This disclaimer and any disputes arising from your participation in the Skills Labs ecosystem shall be governed by and construed in accordance with the laws of the applicable jurisdiction. Any disputes shall be resolved through binding arbitration in the jurisdiction specified by Skills Labs.
Entire Agreement This disclaimer constitutes the entire agreement between you and Skills Labs regarding your participation in the ecosystem and supersedes any prior agreements, representations, or understandings.
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