Risk Disclosure Statement
This Risk Disclosure Statement ("Statement") is provided by Pixpel FZ-LLC, incorporated in the RAK Free Trade Zone, Ras Al Khaimah, United Arab Emirates ("Pixpel," "we," "our," or "us").The purpose of this Statement is to inform users of the risks associated with the purchase, holding, or use of the PIXP token ("PIXP") and participation in the Pixpel platform, including the NFT marketplace, Launchpad, decentralized exchange (DEX), and Token Creator (collectively, the "Platform").This Statement does not list all possible risks. By participating, you acknowledge and accept that you understand these risks and that you are solely responsible for your decisions.
General Risks
- Volatility: The value of PIXP and other digital assets can fluctuate significantly and may become worthless.
- Liquidity: Markets for PIXP or other tokens may be illiquid or disappear entirely.
- Technology: Blockchains and smart contracts are experimental and may contain bugs, vulnerabilities, or errors that could result in loss of funds.
- Regulatory: Laws governing digital assets are evolving. Regulatory changes may negatively impact the availability, legality, or value of PIXP or the Platform.
- No Guarantees: Participation in the Platform or holding PIXP offers no guarantee of profit, returns, or performance.
Risks Specific to the Platform
- Launchpad: Projects raising funds via the Platform are not vetted or guaranteed by Pixpel. Contributions are at your own risk and may result in total loss.
- NFT Marketplace: NFTs may have no market value, may be illiquid, or may infringe third-party intellectual property.
- DEX: Swaps executed via smart contracts are irreversible and may fail due to technical errors or insufficient liquidity.
- Token Creator: Tokens created using the Platform are the responsibility of the user. Pixpel does not endorse or review user-created tokens.
Custody and Wallet Risks
- Pixpel does not provide custodial services. All assets are held in non-custodial wallets controlled by you.
- Loss of private keys or wallet access will result in permanent loss of assets.
- Pixpel never has access to or control of your private keys.
Jurisdictional Risks
- The Platform is not available to residents or nationals of the European Union, United States, United Kingdom, or any country subject to UN, EU, OFAC, or other sanctions.
- If you access the Platform from a prohibited jurisdiction, you do so at your own risk and in violation of these Terms.
No Advice
- Nothing on the Platform or in relation to PIXP constitutes financial, investment, legal, or tax advice.
- You should consult with your own professional advisors before making decisions related to digital assets.
Acceptance
By using the Platform or acquiring PIXP, you confirm that you have read and understood this Risk Disclosure Statement and that you assume all risks associated with participation.
Contact
By using the Platform or acquiring PIXP, you confirm that you have read and understood this Risk Disclosure Statement and that you assume all risks associated with participation.