Terms of service

Introduction:
This document serves as a legal disclaimer for SORAI, referred to as "the Coin" hereafter. Its primary aim is to outline the distinctive characteristics of the Coin, elucidate associated risks, and set limitations on the liability of its creators and affiliates.

Nature of the Coin:
The Coin is meticulously designed as a digital asset solely for entertainment and novelty, with no association to physical assets, commodities, or tangible value. The development team explicitly disclaims any intention to pursue significant projects, upgrades, or developments. Importantly, it should be noted that the Coin is not intended to be considered as a financial instrument, security, or investment in any form.

No Investment Guidance:
Information provided about the Coin, whether on https://sorainetwork.com or through other channels, does not constitute financial advice. Creators and affiliates do not endorse or recommend the purchase, sale, or retention of the Coin as an investment. Users are encouraged to use their judgment and bear the associated risks.

Risk Acknowledgment:
Purchasers of the Coin acknowledge and understand the financial risks, including the potential loss of all invested capital. The volatile and speculative nature of cryptocurrencies, including the Coin, is acknowledged, with its value susceptible to significant fluctuations resulting in potential losses.

No Representation or Warranty:
The creators and affiliates do not provide any representations or warranties, express or implied, regarding the Coin. All information is provided on an "as is" and "as available" basis, without any guarantee of functionality, security, or availability of the Coin.

Limitation of Liability:
Under no circumstances shall the creators, affiliates, or any associated parties of the Coin be liable for any damages resulting from the use, acquisition, or trade of the Coin. This includes but is not limited to direct, indirect, incidental, special, consequential, or punitive damages, even if the possibility of such damages is communicated.

Indemnification:
Users of the Coin agree to indemnify, defend, and hold harmless the creators, affiliates, and associated parties from any claims, damages, losses, liabilities, and expenses related to the use of the Coin.

Compliance with Laws:
Users of the Coin are solely responsible for ensuring that their activities involving the Coin comply with applicable local, national, and international laws and regulations.

Changes to Disclaimer:
This disclaimer may be updated without prior notice, and users are responsible for reviewing it periodically for changes.

Agreement:
By purchasing, holding, or using the Coin, users acknowledge that they have read, understood, and agreed to the terms outlined in this disclaimer.