Disclaimer
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This disclaimer ("Disclaimer") outlines the risks and legal aspects of participating in the Initial Coin Offering ("ICO") of Huione Chain ("Huione," "we," "us," or "our"). By participating in the ICO, you ("Participant") acknowledge and agree to the terms outlined below.
1. General Information
The purpose of this ICO is to distribute HC coins, which will serve as the native cryptocurrency within the Huione Chain ecosystem.
Phase 1 ICO Allocation: 300 million HC (representing 30% of the 10% allocated for investment).
ICO Start Date: September 28, 2024. 18:18:18(UTC+8)
ICO End Date: October 17, 2024. 18:18:18(UTC+8)
Phase 1 Price: 1 HC = 0.05 USDH.
Unit Purchase Amount: 10,000 USDT/USDH per unit.
Maximum Individual Purchase Limit: 10 units.
The information provided in this disclaimer or related marketing materials is for informational purposes only and does not constitute legal, financial, investment, or professional advice.
Important: Participation in the ICO and ownership of HC coins does not entitle you to any ownership, equity, or interest in Huione Chain or its associated entities.
2. No Investment Advice
Participation in this ICO is purely voluntary and at the discretion of the Participant. Huione Chain does not provide investment advice. Any decisions made based on the information provided are solely at your risk. You should consult your own financial, legal, and tax advisors before making any investment decision regarding the ICO.
3. Risk Acknowledgment
By participating in the ICO, you understand and accept the inherent risks associated with the purchase of cryptocurrencies, including but not limited to:
Market Volatility: Cryptocurrencies, including HC coins, are subject to significant fluctuations in value and may lose all value.
Regulatory Risks: The legal status of cryptocurrencies, ICOs, and blockchain technologies is uncertain in many jurisdictions. Regulatory actions or changes in laws and regulations may adversely impact the Huione Chain project and the value of HC coins.
Security Risks: Despite our best efforts, Huione Chain is not immune to hacking, phishing, malware, or other malicious attacks that could result in a loss of funds.
Project Risks: The development of Huione Chain may be delayed or face technical or operational difficulties, including changes to planned features or milestones.
Technology Risks: Blockchain technology is subject to security vulnerabilities and technical failures. Huione Chain makes no guarantees about the functionality of the network or HC coins.
You accept full responsibility for any losses or damages arising from participation in the ICO or holding HC coins.
4. Legal Status of HC Coins
HC coins are a form of utility coin intended for use within the Huione Chain ecosystem. They are not securities, investment contracts, or any form of regulated financial instrument. HC coins provide access to platform functionalities such as transaction fees, staking, governance, and rewards within the Huione Chain.
Ownership of HC coins does not provide any ownership rights, profit shares, or control over the governance or operations of Huione Chain. The coins cannot be considered as legal tender or currency in any jurisdiction.
5. Regulatory Compliance
Huione Chain strives to comply with relevant regulations where applicable. However, Participants are responsible for ensuring that their participation in the ICO complies with local laws and regulations in their respective jurisdictions. It is the Participant's responsibility to ensure they are legally eligible to purchase HC coins under the laws of their country of residence.
Participants from jurisdictions where participation in ICOs is restricted or prohibited (including but not limited to the United States and China) are strictly prohibited from participating in this ICO.
6. No Guarantee of Profit
Huione Chain makes no guarantees regarding the future value of HC coins. The value of HC coins is highly speculative, and there is no promise of financial return or profit from participation in the ICO or holding HC coins. Participants should fully understand that cryptocurrency investments involve substantial risk and that there is a possibility of losing all invested capital.
7. Taxation
The tax implications of purchasing, holding, or using HC coins are complex and may vary across jurisdictions. Participants are solely responsible for determining and complying with their tax obligations arising from the purchase, holding, or use of HC coins. Huione Chain assumes no liability for any tax consequences or obligations related to the ICO or HC coin transactions.
8. Forward-Looking Statements
The whitepaper and related marketing materials may contain forward-looking statements, including, but not limited to, future plans, project timelines, anticipated technical features, and market expectations. These statements are subject to risks and uncertainties, and actual results may differ materially from what is stated.
Huione Chain does not guarantee the completion or success of the Huione Chain project, nor does it guarantee the delivery of any specific functionality within a given timeframe.
9. Limitation of Liability
To the fullest extent permitted by applicable law, Huione Chain, its founders, developers, employees, and affiliates will not be liable for any direct, indirect, incidental, consequential, or other damages (including loss of profits, goodwill, or data) arising from:
Participation in the ICO.
Purchase or use of HC coins.
Any reliance on the information provided in the whitepaper, website, or other marketing materials.
Participants acknowledge that they are fully aware of the risks involved and participate in the ICO at their own risk.
10. No Refund Policy
Contributions to the ICO are non-refundable. Once HC coins are issued, they cannot be returned, exchanged, or refunded. Participants are advised to thoroughly consider their participation before making any contributions.Huione will take voluntary individual refund application measures when the following force majeure factors occur:
A. Serious bugs appear in the program code;
B. Natural disasters cause service interruptions.
11. Amendments
Huione Chain reserves the right to modify or update this Disclaimer at any time. Participants will be notified of any changes via the official Huione Chain website. It is the responsibility of the Participant to regularly check the website for updates.
12. Contact Information
For any questions or concerns related to this Disclaimer or the ICO, please contact us at support@huione.org .
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