Risk Disclaimer

Last updated: 17 January 2024

1. Notice of Risk

1.1. General Risk

Purchasing cryptocurrencies and digital tokens involves a high level of risk and may not be suitable for all buyers. Before deciding to purchase CLICK Tokens (“CLICK”) through clickbit.cash (the “Portal”) provided by CLICKBIT CHAIN (also “CLICKBIT CHAIN”, “we”, “our” or “us”), you should carefully consider your purchase objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial purchase and therefore you should not use funds that you cannot afford to lose. You should be aware of all the risks associated with digital asset, and seek advice from an independent advisor before committing to any action set out in the Portal.

1.2. Technology Risks

Cryptocurrencies and blockchain technologies are subject to risks associated with technological failures, such as malicious software attacks, consensus failures, protocol changes by developers, and hardware failures among others. While CLICKBIT CHAIN takes precautions to mitigate these risks, they cannot be fully eliminated.

1.3. Legal Risks

The legal status of cryptocurrencies may vary from one jurisdiction to another and may be undefined or untested in many jurisdictions. This may expose users of the Portal to unforeseen legal risks, including but not limited to, uncertain tax implications and penalties.

1.4. Third-Party Risks

CLICKBIT CHAIN may rely on third-party resources and software to provide the technology necessary to support CLICK and the Portal. Any failure of the technology provided by third parties may prevent you from accessing or using your CLICK.

2. No Advice

The content available on the Portal is not and should not be taken as a prospectus of any kind or an invitation, recommendation, offer or solicitation to invest in securities. CLICKBIT CHAIN does not present the information as an offer to sell or a solicitation of an offer to buy securities, nor should it be interpreted as a financial promotion, investment advertisement, or any form of personalized investment advice. The information on the Portal is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Prospective purchasers of CLICK are strongly advised to make their own independent analysis of the risks and merits associated with such purchase and to seek independent professional advice tailored to their specific preferences.

3. Accuracy of Information

CLICKBIT CHAIN makes every effort to ensure that the information provided on its Portal, including but not limited to information about CLICK and related services, is accurate and up-to-date. However, CLICKBIT CHAIN does not warrant or guarantee the completeness, correctness, timeliness, or usefulness of any information available on the Portal. The information is provided on an "as is" and “as available” basis without warranty of any kind, either express or implied.

Users of the Portal acknowledge and agree that the information accessed through the Portal is subject to change without prior notice. CLICKBIT CHAIN shall not be liable for any errors, inaccuracies, or omissions in the content provided, nor for any actions taken in reliance thereon. Users are responsible for verifying any information before relying on it. If anyone chooses to rely upon any part of information on the Portal, it does so at its own risk an in its sole responsibility.

4. Market Volatility

The value of CLICK can fluctuate, and consequently, the value of your purchase may fluctuate significantly. The cryptocurrency market is subject to high volatility and occasional arbitrary movements. CLICKBIT CHAIN does not guarantee any specific outcomes from the purchase of CLICK.

5. Uncertainty

Certain statements, estimates, and financial information contained on the Portal constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. The Portal can be modified to provide more detailed information.

No warranty or guarantee is given on the statements on the Portal because they are based on current beliefs, expectations and assumptions, about which there can be no assurance due to various anticipated and unanticipated events that may occur. Distributed-ledger technology, cryptocurrencies and blockchain technologies used for the ClickBit ecosystem and CLICK are in their infancy and will be subject to many challenges, competition and a changing environment.

The regulatory status of cryptocurrencies and blockchain technologies is uncertain and subject to rapid change. Changes in regulations or the imposition of new regulations could negatively affect the value of CLICK and the ability of CLICKBIT CHAIN to operate the Portal.

6. Utility Token

CLICK is a utility token whose primary purpose is to facilitate digital access to applications or services within the ClickBit blockchain ecosystem, aligning with the criteria set forth by the Eidgenössische Finanzmarktaufsicht FINMA (Swiss Financial Market Supervisory Authority). It is clearly distinct from asset tokens (securities), which are intended to represent assets such as corporate participations or dividend entitlements, or from payment tokens, which are intended to be used as a means of payment for acquiring goods or services or as a means of money or value transfer. CLICK is intended solely for use within the ClickBit ecosystem.

7. Limitation of Liability

To the fullest extent permitted by applicable law, CLICKBIT CHAIN, its affiliates, directors, officers, employees and associates, agents, contractors, principals, suppliers licensors, any other representatives or anyone involved with the Portal or the sale of CLICK shall not be liable to any person for any direct, indirect, incidental, special, punitive, cover or consequential damages (including, without limitation, damages for lost profits, revenue, sales, goodwill, use of content, impact on business, business interruption, loss of anticipated savings, loss of business opportunity) however caused, under any theory of liability, including, without limitation, contract, tort, warranty, breach of statutory duty, negligence or otherwise, even if CLICKBIT CHAIN has been advised as to the possibility of such damages or could have foreseen such damages.

By using the Portal and participating in CLICK purchases, buyers acknowledge this Risk Disclaimer and accept the risks associated with their investment decisions. We reserve the right to modify this Risk Disclaimer at any time at our sole discretion. In this case, we will provide notice by changing the “last update” date at the top of this page.

For further information on the use of the Portal, please see our Terms of Use (https://clickbit.cash/terms-of-use), Privacy Policy (https://clickbit.cash/privacy-policy), and AML Policy (https://clickbit.cash/aml-policy).

Adopted in Zug, Switzerland, by the governance authority of CLICKBIT CHAIN.