Internset DAO LLC ("we," "us," or "our") operates platforms such as InternsetDAO.com, Stipent.com, and other services within its ecosystem. This Risk Disclaimer & Liability Policy outlines the risks associated with using our platforms, interacting with decentralized applications (DApps), and participating in token-based governance systems. By using our services, you acknowledge these risks and agree to the terms outlined in this policy.
1. General Disclaimer
- Informational Purpose Only:
- All content provided on our platforms is for informational purposes only and does not constitute legal, financial, investment, or professional advice.
- No Guarantee of Results:
- We do not guarantee platform availability, token performance, or the outcome of transactions conducted through our ecosystem. Use of our platforms is at your own risk.
2. Blockchain-Related Risks
Due to the nature of blockchain technology, users should be aware of the following risks:
A. Immutability of Transactions
- Blockchain transactions cannot be reversed, modified, or canceled once processed. Users must ensure transaction details are accurate before submission.
B. Smart Contract Limitations
- We use smart contracts to power token distributions, governance voting, and treasury management.
- No Warranty: Smart contracts are immutable and automated, and we do not guarantee error-free functionality. Bugs or vulnerabilities may exist despite extensive testing.
C. Token Value Fluctuation
- Tokens associated with Internset DAO (e.g., Stipent tokens - STPN) may experience market volatility due to external market conditions and network dynamics.
- No Investment Guarantee: We do not guarantee any increase in token value, platform success, or future performance.
3. Legal & Regulatory Risks
- Jurisdictional Restrictions:
- Access to our platforms may be restricted by law in certain regions. Users are responsible for ensuring legal compliance in their jurisdictions.
- Regulatory Changes:
- Global regulations related to blockchain, tokens, and decentralized finance (DeFi) may change, potentially affecting platform availability or services offered.
4. Security Risks
A. Platform Security Limitations
- We implement security protocols such as encryption, multi-factor authentication, and regular audits. However:
- No Absolute Guarantee: Data breaches, hacks, or platform failures may still occur due to the evolving nature of cybersecurity threats.
B. User Responsibility for Account Security
- Users are solely responsible for securing wallet credentials, private keys, and passwords. We cannot recover funds lost due to compromised wallets or forgotten credentials.
5. Platform Availability & Service Interruptions
- We do not guarantee continuous access to our platforms, as services may experience interruptions, maintenance outages, or unexpected downtimes.
- No Compensation Policy: We are not liable for any losses or damages resulting from service interruptions.
6. Third-Party Services
- Integration Disclaimer:
- Some features on our platforms may depend on third-party services (such as wallet providers, analytics tools, and identity verifiers).
- No Control: We do not control or guarantee performance for these third-party services.
- User Discretion: Users engage with third-party tools at their own discretion.
7. Limitation of Liability
To the fullest extent permitted by law:
- We are not liable for direct, indirect, incidental, consequential, or special damages arising from platform use, including:
- Loss of Funds, Tokens, or Digital Assets
- Data Loss or Breaches
- Platform Malfunctions or Errors
- Service Interruptions or Third-Party Failures
- Aggregate Liability Cap: In any event, our total liability shall not exceed the amount paid by the user (if any) in connection with the specific platform service involved.
8. Indemnification Clause
Users agree to indemnify and hold harmless Internset DAO LLC, its members, developers, contributors, and partners from any claims, damages, or expenses arising from:
- Violation of This Policy
- Misuse of Our Services
- Breaches of Laws or Regulations in the user’s jurisdiction.
9. Amendments to This Policy
We reserve the right to update this policy at any time. Updates will be posted on our platforms, and the effective date will be clearly indicated. Continued use of our platforms after policy updates constitutes acceptance of the revised terms.