TXA PTE. LTD. and its affiliates (“Project TXA”, “We”, or “Us”) reserve the right to do any of the following, at any time, without notice: (1) to modify, suspend, or terminate operation of or access to the website, or any portion of the website, for any reason; (2) to modify or change the website, or any portion of the website, and any applicable terms; and (3) to interrupt the operation of the website, or any portion of the website, as necessary to perform routine or non-routine maintenance, error correction, or make any other changes.
You acknowledge and agree that there are numerous risks associated with acquiring Digital Assets, holding Digital Assets, and using Digital Assets for participating in the TXA decentralized settlement layer and related technology (“TXA DSL”). In the worst scenario, this could lead to the loss of all or part of any Digital Assets held by you or others. IF YOU DECIDE TO ACQUIRE DIGITAL ASSETS, YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE FOLLOWING RISKS:
The regulatory status of Digital Assets and distributed ledger technology is unclear or unsettled in many jurisdictions. The regulation of virtual currencies has become a primary target of regulation in all major countries in the world. It is impossible to predict how, when or whether regulatory agencies may apply existing regulations or create new regulations with respect to such technology and its applications, including to Digital Assets. Regulatory actions could negatively affect Digital Assets in various ways. The issuer or the distributor(s) (or their respective affiliates) may alter or cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal or commercially undesirable to operate in such jurisdiction. Therefore, the distribution strategy of TXA, TXAD, or any other Digital Asset may be altered at any time in order to avoid relevant legal risks.
The TXA DSL is still under development and its design concepts, consensus mechanisms, algorithms, codes, and other technical details and parameters may be constantly and frequently updated and changed. Although this website and our information pertaining to the TXA DSL contains current information, it is not absolutely complete and may still be adjusted and updated from time to time. Project TXA has no ability or obligation to keep holders of Digital Assets informed of every detail (including development progress and expected milestones) regarding the development of the TXA DSL. Thus, Project TXA makes no representations or warranties as to the accurateness or completeness of any information related to the TXA DSL.
Various types of decentralized applications and networks are emerging at a rapid rate, and the industry is increasingly competitive. It is possible that alternative networks could be established that utilize the same or similar code and protocol underlying the TXA DSL and attempt to recreate similar facilities. Project TXA and the TXA DSL may be required to compete with these alternative networks, which could adversely affect Digital Assets.
The development of the TXA DSL greatly depends on the continued cooperation of the existing technical team and expert consultants, who are highly knowledgeable and experienced in their respective sectors. The loss of any member may adversely affect the TXA DSL or its future development. Further, stability and cohesion within the team is critical to the overall development of the TXA DSL. There is the possibility that conflict within the team and/or departure of core personnel may occur, which could adversely affect the project at any time.
There is the risk that the development of the TXA DSL will not be executed or implemented as planned, for a variety of reasons, including without limitation the event of a decline in the prices of any Digital Asset, unforeseen technical difficulties, and shortage of development funds for activities.
Hackers or other malicious groups or organizations may attempt to interfere with the TXA DSL in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Furthermore, there is a risk that a third party or a member of the issuer, the distributor(s) or their respective affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of the TXA DSL, which could negatively affect Digital Assets. Further, the future of cryptography and security innovations are highly unpredictable and advances in cryptography, or technical advances (including without limitation development of quantum computing), could present unknown risks to Digital Assets by rendering ineffective the cryptographic consensus mechanism or other mechanisms that underpin the TXA DSL and the blockchain protocol.
In addition, the potential risks briefly mentioned above are not exhaustive and there are other risks that Project TXA, the issuer, its affiliates or parent, or the distributor(s) cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the aforementioned risks. You should conduct full due diligence on the issuer, its affiliates or parent, the distributor(s), and the Project TXA team, as well as understand the overall framework, mission and vision for the TXA DSL prior to acquiring TXA, TXAD, or any other Digital Asset.
By agreeing to stake your TXA until the unlock date, you understand that you will not be able to withdraw your TXA until the unlock date.
To the fullest extent permitted by law, in no event shall We, our affiliates, or any of our directors, employees, contractors, service providers, or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense, or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of the TXA DSL, Digital Assets, the website or any information provided therein.