Risk
You accept and acknowledge each of the following:
A. The prices of Blockchain assets are extremely volatile. Fluctuations in the price of other digital assets could materially and adversely affect the value of your GaliXCity assets, which may also be subject to significant price volatility. We cannot guarantee that any purchasers of GaliXCity assets will not lose money.
B. You are solely responsible for determining what, if any, taxes apply to your GaliXCity -related transactions. GaliXCity is not responsible for determining the taxes that apply to your transactions on the App, the Site, or the Smart Contracts.
C. The App does not store, send, or receive GaliXCity assets. This is because GaliXCity assets exist only by virtue of the ownership record maintained on the App’s supporting Blockchain on the Avalanche Network. Any transfer of GaliXCity assets occurs only on the Avalanche Network.
D. There are risks associated with using an Internet-based currency, including, but not limited to, the risk of hardware, software and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your wallet. You accept and acknowledge that GaliXCity will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using the Avalanche Network, however caused.
E. A lack of use or public interest in the creation and development of distributed ecosystems could negatively impact the development of the GaliXCity ecosystem, and therefore the potential utility or value of GaliXCity assets.
F. The regulatory regime governing Blockchain technologies, cryptocurrencies, and tokens is uncertain, and new regulations or policies may materially adversely affect the development of the GaliXCity ecosystem, and therefore the potential utility or value of GaliXCity assets.
Last modified 2mo ago
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