Risk Disclosure Statement
General Risks
You understand that
www.memeplustoken.com (the "Website", "we", "our", "us", OR "MemePlus") cannot control all the risks associated with your purchase of the MemePlus Token ("Token" or "MEME+"). Tokens, blockchain technology, Ethereum blockchain, BNB Chain, and other associated and related technologies are new and untested and are outside of MemePlus's exclusive control. Adverse changes in market forces or the technology, broadly construed, may prevent or compromise our performance under the Terms and Conditions.
Purchasing, trading and/or investing in cryptocurrencies, tokens, and digital assets, including MEME+, is speculative and complex in nature, and associated with various financial risks. Using our WEBSITE and any related networks and protocols also involves cyber risks. You should only use, buy, trade and/or invest in MEME+ if you are willing to assume such risks. As with any asset, the value of MEME+ can increase or decrease at any moment, and there can be a risk that you lose money buying, selling, holding or investing in MEME+. It is your duty to learn about all the risks involved with MEME+ and any related protocols and networks. You should consult with your financial, legal, or tax advisors regarding your specific circumstance and financial condition and carefully consider whether trading or holding MEME+, or your usage of our products and services is suitable for you.
MemePlus does not provide any investment, legal, tax, or any other sort of advice and you should not treat any of the content on the WEBSITE or social media platforms as such. You are solely responsible for deciding whether any investment, trade, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance.
This statement is not meant to be an exhaustive list of risks associated with buying, using, trading or investing in MEME+, or our products and services. There may be additional risks that we have not foreseen or identified as part of this statement. This Risk Disclosure Statement forms part of our
Terms and Conditions, which describes the terms under which you interact with our Website and use our services. This Risk Disclosure Statement should therefore be read in conjunction with those terms.
Legal Risks
There is a risk of unfavorable regulatory action in one or more jurisdictions. Blockchain technologies have been the subject of scrutiny by various regulatory bodies around the world. MEME+ could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions on the use or possession of MEME+, which could impede or limit their existence, permissibility of their use and possession, and their value.
Risk of Malfunction of Blockchain
The Tokens are based on the BNB Smart Chain. As such, any malfunction, unintended function or unexpected functioning of the BNB Smart Chain may cause the Tokens to malfunction or function in an unexpected or unintended manner.
Cryptography Risks
You acknowledge that there are risks associated with cryptography, such as code cracking or technical advances such as attacks using computational power sufficient to overwhelm the normal operation of a blockchain or other underlying technology. This could result in the theft, loss, disappearance, destruction or devaluation of MEME+. It is impossible to predict the future of cryptography or the future of security innovations to an extent that would permit MemePlus to accurately guide the development of MemePlus to take into account such unforeseeable changes in the domains of cryptography or security.
Risk of Theft and Hacking
Hackers or other groups or organizations may attempt to interfere with your third-party wallet, the Website or the availability of MEME+ in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks.
Risk of Security Weaknesses
There is a risk that the software or infrastructure underlying the Website, protocol and the Tokens may unintentionally include weaknesses or bugs in the source code interfering with the use of, distribution of, or causing the loss of Tokens.
Risk of Low or No Liquidity
MemePlus gives no warranty and/or guarantee that the Tokens can be or will be listed or made available for exchange for other cryptocurrencies, tokens, digital assets and/or fiat money on any platform, exchange, or website, and no guarantee is given whatsoever with regards to the liquidity or compatibility of such platform, exchange or website.
Risk of Loss of Value and Uninsured Losses
Value of MEME+ may fluctuate and you may suffer loss in value of such acquired MEME+. In addition to loss of value risk, MEME+ are entirely uninsured and are unlike bank accounts or accounts at some other financial institutions.
Internet Transmission Risks
You acknowledge that there are risks associated with utilizing
web-based digital assets, cryptocurrencies, and tokens including, but not limited to, the failure of
hardware, software, and internet connections. You acknowledge that MemePlus shall not be
responsible for any communication failures, disruptions, errors, distortions or delays you may
experience when using our services, Website, platform, or MEME+ howsoever caused.
Insufficient Interest in the Project and Tokens
It is possible that the project or Tokens will not be used by a large number of individuals, businesses and other organizations and that there will be limited public interest in the creation and development of its functionalities. Such a lack of interest in MEME+ could negatively impact the development of the project and usage and value of Tokens.
Project and Tokens May Not Meet Your Expectations
The project and Tokens are currently under development and may undergo significant changes before release. Your expectations regarding the form and functionality of MEME+ may not be met upon release of MEME+ including a change in the design and implementation plans and execution of the implementation of the Tokens.
Unanticipated Risks
Given the nature of cryptography and digital assets, risks may exist that you should consider prior to buying, using, trading or investing in MEME+ or any products and services available on the Website. This Risk Disclosures Agreement is not exhaustive nor comprehensive of the risks associated with cryptocurrencies, tokens, and digital assets, and such risks may change as cryptography evolves. You are encouraged to undertake your own additional research prior to buying, using, trading or investing in any Tokens, products, or other services available on our Website.
Effective as of September 27, 2024
Last Updated: November 30, 2024