You accept and acknowledge that you are aware of the following risks.
Purchasing 1Kiss or any other cryptocurrency or token involves risks and may lead to the loss of your entire purchase. Below is a non-exhaustive list of some of the risk factors that we consider significant in relation to the 1Kiss token’s purchase, trading, and/or use.
These risk considerations should be taken into consideration alongside all other information provided in the whitepaper, and participants are recommended to consult with their professional advisers, including their financial, accounting, legal, tax, or technical advisers or experts, before purchasing or using 1Kiss tokens or any part of the 1Kiss platform.
No expectation of financial profit:
We do not represent that our products may constitute a valuable purchase or that their value may increase with time once pre-sale ends. Please do not buy any of our products/services with any expectation of profit. When purchasing any of our products, you accept and confirm that you have no expectation of profit. The products you buy from us are not investment contracts, and we disclaim any claim associated with any speculation you or other users may engage in connection with these products.
Taxation:
You are solely responsible if any taxes apply to your crypto items and transactions. We are not responsible for determining the taxes that may apply to you.
Coins storage:
We do not store or send your crypto items. Any transfer of crypto items occurs within the supporting blockchain Binance Smart Chain (BSC). BEP-20.
Risk of not listing or low/no liquidity:
Exchanges may be subject to unclear governmental control, and the Company makes no representations or warranties about exchange service providers. Users, including the participant, may be subject to fraud and failure in connection with those exchanges. There is no guarantee that an active secondary market for 1Kiss Tokens will develop or continue to develop.
Risk of uninsured losses:
Unlike bank accounts or accounts with government-backed financial organizations, 1Kiss Tokens are not covered unless the participant buys private insurance, particularly for that purpose. There is no public insurer for the loss of 1Kiss Tokens.
Risk of price fluctuation:
The value of the 1Kiss Token can be volatile, which poses a challenge for even experienced cryptocurrency traders to model and predict its future market behavior. Additionally, the value of native cryptocurrencies associated with the networks where 1Kiss Token is used can also fluctuate, directly or indirectly affecting the token’s value in the market. It is important for the participant to fully understand the risks associated with the fluctuation of cryptocurrency prices and that external market forces usually drive these significant price changes beyond the control of the Company. The participant should acknowledge that the value of their 1Kiss Token may decrease and increase, and they may potentially lose some or all of their amount spent. In particular, several factors may affect the prices of crypto items, including (but not limited to) buyers’ interest, market fluctuation, technological changes, and the regulatory environment.
Internet risks:
There are risks associated with using an Internet-based currency, including but not limited to the risk of hardware, software, and Internet connections, malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your wallet. You accept and acknowledge that we will not be responsible for any communication failures, disruptions, errors, distortions, or delays that you may experience when using our services or products, however caused, when utilizing 1Kiss Token, the 1Kiss Smart Contract, 1Kiss staking platform and/or interface, or the 1Kiss website.
Regulatory risks:
The regulatory regime governing tokens and cryptocurrencies is uncertain, and new regulations or policies may adversely affect our services and products.
Technological risks:
Other risks are associated with purchasing crypto items, including but not limited to the risk of purchasing mislabelled assets, assets that are vulnerable to metadata decay, assets on smart contracts with bugs, and assets that may become non-transferable. Assets that your purchase may become inaccessible on our website.
Fraud risks:
You are also aware of fraud risks in buying crypto items, and you need to exercise great caution when accessing our links and websites. In particular, we are not responsible for any losses that you may suffer resulting from you responding to third parties impersonating us or our websites or from parties offering copies of our products/services. In particular, we are not responsible for any third party contacting you with a direct message on our Discord server and/or via Telegram, and for any losses you may suffer due to you answering such solicitation. We are also not responsible if you mistakenly buy from a website or a party that fraudulently impersonates us, our websites, or our services.
Risk of losing access to 1Kiss Tokens due to the loss of private key(s), a custodial error, or a participation error is as follows:
A wallet is required to acquire, store, and dispose of 1Kiss Tokens. The participant acknowledges that he is responsible for establishing the wallet with a third-party provider to retain 1Kiss Tokens and for taking acceptable security measures to protect the wallet and wallet credentials. As a result, if the requisite private key(s) associated with the wallet holding 1Kiss Tokens are lost or compromised, the 1Kiss Tokens and any other cryptocurrencies and/or tokens held in that wallet will be lost as well. Additionally, any third party that has access to such private key(s), including through the participant’s wallet’s login credentials, may be able to misappropriate the participant’s 1Kiss Tokens. Any errors or malfunctions caused by or relating to the wallet used by the Participant to receive and hold 1Kiss Tokens, including the participant’s own failure to properly maintain or use such a wallet, or caused by the participant’s choice of third-party provider for the wallet, may also result in the loss of 1Kiss Tokens.
We may, at our entire discretion, burn any of your 1Kiss tokens if we believe that you have acquired control over them illegitimately.
Other risks:
Under no circumstances shall the inability to view or access your assets serve as grounds for a claim against us Please note that we reserve the right to amend our offers, as described on this website, in our discord server, Telegram channel, tweets, white paper, and/or other places where we advertise our products.
The Participant acknowledges and accepts the inherent risks connected with 1Kiss Tokens, including, but not limited to, risks associated with money laundering, fraud, exploitation for criminal purposes, and any other unanticipated dangers. If any of the risks described in the terms are unacceptable to the Participant and the Participant cannot comprehend them, the Participant should refrain from acquiring, holding, or using 1Kiss Tokens or any part of the 1Kiss platform.
By participating in the 1Kiss presale, you are agreeing to these terms and conditions and agree to waive your rights to pursue any recourse, claim, action, judgment, or remedy against 1Kiss, 1Kiss’s parent company, agents, employees, and parent company shareholders and directors for any damage suffered, including total loss of the money you spent purchasing 1Kiss Tokens.
Furthermore, we strongly urge you not to purchase any 1Kiss Coin if you have any doubts or uncertainties about the content of the 1Kiss whitepaper or 1Kiss website or if you are not prepared to accept the risk of losing the money you spend on 1Kiss Tokens. It is crucial to assess your purchasing decisions carefully and seek professional advice before participating in the 1Kiss presale.