Group Menu

Group Activities Coming Soon!

Terms of Services

Welcome to Sanehood! Thank you for being a part of our community. All users of the "Services" (defined below) must agree to the following terms (the "Terms of Service"). Under these Terms of Service, "Sanehood", "we" and "us" refers to Sanehood Inc (dba Sanehood). and its subsidiaries, affiliates, officers, agents, employees, representatives, and agents, and our "website" includes any website under our control, including www.Sanehood.com.

Please read these Terms of Service. They include, among other provisions, disclaimers of warranties, limitations of liability, and binding arbitration. Please note that these Terms of Service may have changed since your last visit to our website. We may revise and update these Terms of Service from time to time in our sole discretion. In the event of a material change, we will notify you by posting the updated Terms of Service on this page, after which you must affirmatively accept the updated Terms of Service in order to continue using or accessing the Site or the Service.

Please note that your use of our Service is governed by our Data Processing Agreement, which is incorporated herein by reference. Please review this agreement to see how we process personal data on your behalf. Note that we operate as a "data processor" for purposes of the EU General Data Protection Regulation, and a "service provider" for the purpose of the California Consumer Privacy Act.

Data Processing Agreement

If you do not agree to these Terms of Service, you may not use or access the Site or the Service.

1. Purpose

The Services include an online security service (the "Sanehood Service") and a platform on which an individual ("meditator") can choose to perform tasks Sanehood itself posts to our website or the Sanehood Service, either directly on our website or by accessing the Sanehood Platform and/or performing tasks through or in connection with a third party entity and/or platform or service (each, an "Vendor").

2. Eligibility

By using or registering for our Services, you agree: you are at least 18 years of age; you have the authority to enter this agreement on behalf of yourself or the entity you represent, and will at all times remain in compliance with these Terms of Service and all Sanehood policies and guidelines referenced herein; and you will not abuse our website, misrepresent your identity to us, or use artificial intelligence to complete any portion of any task on Sanehood which requires human intelligence.

3. Customers and Requesters

If you are a Customer or Requester, you agree that the additional terms attached hereto as the Customer Appendix will apply and be incorporated by reference into these Terms of Service. If you are not a Customer or Requester, or cease to be a Customer or Requester, then the additional terms in the Customer Appendix will not apply nor will they be incorporated by reference into these Terms of Service.

4. Username and Password

Upon registration, you will be asked to disclose certain personal information about you ("Personal Information"), including your name, email address, and to create a username and password, all of which will be subject to our Privacy Policy, available on our website. You alone are responsible for monitoring, ensuring and maintaining the security of your account, passwords, and any authentication keys associated with your account, and you are responsible for any use of or action taken through use of that information on the Services.

You agree that you will not share your account or password with anyone.

You must notify Sanehood immediately if you suspect that your account information has been stolen or used by someone else, or any other breach of security.

You agree to provide us with true, accurate and complete information as requested in our registration process. You also agree to update such information promptly as necessary to keep it current and accurate.

5. Your Privacy, Your Data, and "Data For All"

You accept our Privacy Policy, which governs what we will do with any Personal Information you give to us.

In addition to Personal Information, you may also be required to provide (or it may be necessary for us to collect) other data so that we may provide the Services (collectively, "Customer Data"). We are not liable for any failure to perform Services that is caused by your delay or failure to provide Customer Data.

You hereby grant to us a worldwide, non-exclusive, sublicenseable, transferable, royalty-free, irrevocable license during the term of this Agreement to use, reproduce, electronically distribute, and publicly display any Customer Data solely for the purpose of providing the Services. You represent and warrant that you own sufficient right, title, and interest in and to your data in order to grant the license in this section.

We aggregate Customer Data with other data so that results are non-personally identifiable and we also collect de-identified technical logs and data regarding use of the Services ("Aggregate/De-identified Data"). Notwithstanding anything to the contrary herein, any such Aggregate/De-identified Data may be used by Sanehood for any business purpose during or after the term of this Agreement, including without limitations to develop and improve the Services and to create and distribute reports and other materials. Customer Data may also persist and be displayed in the system for a limited period of time not to exceed 180 days after a job is complete, for example as automatic calibration or validation data for Sanehood systems. For clarity, this Section 5 does not give us the right to identify you as the source of any Aggregate/De-identified Data without your prior written permission.

‍For the avoidance of doubt, the following paragraph applies exclusively to Customers using our annotation services, and not to use of our Services as an Vendor. If you are a Customer of our annotation services and have selected the "Data For All" option as part of your use of the Services, then you grant to Sanehood and all users of the Services a worldwide, non-exclusive, sublicenseable, transferable, royalty-free, irrevocable license to fully exploit all Customer Data, including all related intellectual property rights. If you do select the "Data for All" option, you represent and warrant that you own sufficient right, title, and interest in and to your data in order to grant the license in this section.

If your data contain potentially explicit or offensive content, we require you to mark them "EXPLICIT CONTENT" to serve as fair warning to anyone who sees your data. You may not without a separate written agreement with Sanehood include tasks that violate our policies, including, but not limited to, (a) tasks that directly or indirectly promote another website or service, (b) tasks that violate a third party website's terms and conditions, (c) tasks asking Contributors to solicit third parties, (d) tasks that ask Contributors to take action to manipulate a website's behavior or results, (e) tasks that violate the intellectual property rights of third parties, and (f) tasks that require Contributors to download software or files.

6. Acceptable Behavior

You are encouraged to interact with other users anywhere on our website, Forum, messaging, chat, and other social media channels controlled by Sanehood, but if you do so you must comply with all terms of service and use on our site and all relevant laws.

7. Misuse, Abuse, and Misrepresentation

Any access or use of the Services other than pursuant to these Terms of Services and any instructions we provide is strictly prohibited. In particular, you WILL NOT:

register for more than one account with us without written authorization;

perform any task with the use of Internet bots, web robots, bots, scripts, or any other form of artificial intelligence or otherwise attempt to obtain rewards from Sanehood or any Requester or Vendor without completing tasks as they are described;

provide any false information while using this website (including without limitation impersonating any other person or organization in your account, or falsely stating or otherwise misrepresenting yourself or your affiliation with any other person or organization in your account;

access or attempt to access our website through any proxy web server or other device designed to obfuscate your true location or identity or by any means other than the interface provided;

use the website for any illegal activity, or for any purpose other than the purpose for which it was made available; engage in activity that interferes with or disrupts the functioning of the site;

insert, upload, or attach malicious or unknown external links or files, or upload any content that contains a virus, Trojan horse, worm, time bomb, or other harmful computer code;

Upload any content subject to copyright that is not your original work, unless you have permission from the rightful owner to post such content and to grant Sanehood all of the licensed rights granted herein;

engage in spamming or post any kind of publicity, attempt to get referrals, mass communication, money offers or requests, solicitation of services, advertising, marketing, nonsense messages, duplicated topics, illegal content, social website links, e-mail addresses, or instant messenger IDs unless required by the task;

insert external links that offer goods or services;

otherwise engage in any malicious or fraudulent activity.

8. Verifying your Identity

Sanehood may verify your identity. This may include comparing your personal information against third party databases or official legal documents. You authorize us to make any inquiries necessary to confirm your identity, your ownership of your email address, and your ownership of your financial accounts. You agree to provide information about you to assist us in verifying your identity.

9. Compliance with the Law

You alone are responsible for complying with federal, state, provincial, and local laws in connection with your use of the Services. You agree to indemnify and hold us harmless for any claims against us because you failed to comply with any law or violated any third party rights, including without limitation contractual, intellectual property, or privacy rights. ‍

10. Taxes

You alone are responsible for payment of any estimated or other federal, state, or local income taxes, social security, FICA, and workers' compensation owed as a result of use of our website, as well as sSanehoodlar taxes or charges in non-U.S. jurisdictions. You agree to indemnify and hold us harmless for any assessments against us because you failed to comply with any tax laws.

11. Violation of These Terms of Service

We may suspend or cancel your access to the Services at any time for any reason, including because: (a) we believe you have violated these Terms of Service (including other related policies); (b) we believe you have violated our rights or the rights of any third party; (c) we are unable to verify or authenticate information you have provided to us; or (d) we believe your actions may create liabilities for you, us, or a third party. For the avoidance of doubt, we reserve the right to prevent or suspend payment to you if we reasonably believe that any of the foregoing applies to such payment.

If we suspend or terminate your account, you will no longer have access to any parts of the website, including data, crypto tokens, NFTs, messages, files, and other material you keep on the site. You may NOT continue to use our website under a different or new account name. Violations of these Terms of Service may be prosecuted to the fullest extent of the law and may result in additional penalties and sanctions.

12. Our Use of Information

By performing tasks on our website, you authorize the collection, use, and disclosure of your personal information in accordance with our Privacy Policy.

13. Intellectual Property and Proprietary Rights

Sanehood owns all rights, including intellectual property rights, in the source code, object code or underlying structure, ideas or algorithms, API, and any additional software, documentation or data related to the Services ("Software"). You will not, directly or indirectly, via a third party or otherwise: (a) reverse engineer, decompile, disassemble, or otherwise attempt to discover the Software; (b) modify, translate, or create derivative works based on any Software; (c) copy, rent, lease, distribute, pledge, assign, or otherwise transfer or encumber rights to any Software; (d) use any Software for timesharing, service bureau purposes, or otherwise for the benefit of a third party; or (e) remove any proprietary notices or labels.

If you are a Contributor, Sanehood, and not you, has proprietary rights in any work you produce as part of completing any task. By accepting the terms of this Agreement you agree to (and hereby do) transfer possession, ownership, and title (including all intellectual property rights existing throughout the world) in and to your work to us. To ensure that we are able to acquire, perfect, and use such rights, you further agree to (i) sign any documents to assist in the documentation, perfection and enforcement of our rights; and (ii) provide reasonable access to information for recording, perfecting, securing, defending, and enforcing such proprietary rights in any and all countries. Your obligations under this section will continue even after you deregister from or cease use of the Services. You appoint us as your attorney-in-fact to execute documents on your behalf for the purposes set forth in this section.

14. Copyright and TakeDown

Sanehood respects the intellectual property of others and we reserve the right to remove from our site any material that we believe may violate the intellectual rights of any third party. If you believe that your own work has been copied in a way that constitutes copyright infringement on this website, please contact Sanehood customer support.

15. Indemnification

You agree to indemnify, defend, and hold us harmless from any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees and costs), arising from or relating to your performance of tasks or your use of our website.

16. Disputes with Other Users; Release

Sanehood is not a party to any dispute between you and any another user of the Services. You release Sanehood and its affiliates from any and all claims, demands, and damages of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or connected with any dispute between you and another user.

17. Confidential Information You Receive

Confidential information is any information that is marked as confidential or proprietary, or which should reasonably be understood by the receiving party to be confidential or proprietary. This does not include any information that is (1) publicly available, (2) already in the possession of, developed independently by, or already known to the receiving party, or (3) has been disclosed by court order or as otherwise required by law.

If you are provided with confidential information from anyone on the Services, you agree to protect the secrecy of the confidential information with the same degree of care you use to protect your own confidential information, but in no event with less than due care. You may not disclose or publish any such confidential or proprietary information, except as may be necessary for performance of a task. All information within a task on the Sanehood Platform should be considered as confidential even if the information is not expressly designated as confidential.

If and when you no longer need the confidential information you received, you must promptly return or destroy (as requested by whoever disclosed the information) all copies of the information that exist on the premises, systems, or other equipment you control.

Because disclosing confidential information may cause irreparable harm, the disclosing party is entitled to seek injunctive relief for any breach or threatened breach of this term.

18. Website Modifications

We may improve or modify our website without notice to you.

19. Third-Party Websites

Our website may contain links to third-party websites. We do not control, investigate, monitor, or check such websites. We are not responsible for nor do we endorse the computer programs, content, or opinions contained on such websites. If you decide to leave our website and access any third-party website, you do so at your own risk.

20. Disclaimer of Warranty THE SERVICES ARE PROVIDED ON AN "AS IS" BASIS. WE MAKE NO REPRESENTATIONS OR WARRANTIES, IMPLIED OR EXPRESS, WITH REGARD TO ACCESSIBILITY, FITNESS, LAWFULNESS, AVAILABILITY, OR FUNCTIONALITY OF THE SERVICES, ANY RELATED SOFTWARE OR MATERIALS, THE TASKS, OR ANY ACTIVITIES OR ITEMS RELATED TO THIS AGREEMENT. TO THE MAXIMUM EXTENT PERMITTED BY LAW, Sanehood DISCLAIMS ALL EXPRESS OR IMPLIED CONDITIONS, REPRESENTATIONS AND WARRANTIES INCLUDING, BUT NOT LSanehoodTED TO, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. YOUR SOLE AND EXCLUSIVE REMEDY AGAINST Sanehood WITH RESPECT TO ANY DEFECTS, NON-CONFORMANCES, OR DISSATISFACTION IS TO CEASE USE OF THE SERVICES We will have no responsibility for any harm to your computer system, loss or corruption of data, or other harm that results from your access to or use of the website or Sanehood Platform. Scheduled and unscheduled interruptions may occur, and we do not warrant uninterrupted availability of our website.

21. Limitation of Liability

IN NO EVENT WILL WE BE LIABLE FOR ANY SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY OR INDIRECT COSTS OR DAMAGES, LITIGATION COSTS, INSTALLATION AND REMOVAL COSTS, OR LOSS OF DATA, PRODUCTION OR PROFIT. THE LIABILITY OF Sanehood FOR ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT SHALL NOT EXCEED THE GREATER OF: (A) U.S. $2,500; AND (B) ANY FEES RETAINED BY Sanehood WITH RESPECT TO SERVICES PURCHASED BY YOU. THESE LIMITATIONS SHALL APPLY TO ANY LIABILITY ARISING FROM ANY CAUSE OF ACTION WHATSOEVER, WHETHER IN CONTRACT, TORT INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH COSTS OR DAMAGES AND EVEN IF THE LSanehoodTED REMEDIES PROVIDED HEREIN FAIL OF THEIR ESSENTIAL PURPOSE.

22. Contributor Dispute Resolution

If you are a Contributor, you agree to the following arbitration clause and class action waiver:

Alternative Dispute Resolution Required.

You agree that for any dispute that arises out of or relates to your use of the Services, including any dispute that may have arisen from the time that you began performing tasks for Sanehood, and specifically including any claim related to whether or not you classify as an independent contractor, you will first notify Sanehood of your claim against it. You and Sanehood will then attempt to resolve the issue through either direct negotiation or mediation. We will split equally the cost of mediation and agree that mediation shall be conducted through telephonic or other electronic means. If a claim remains unresolved following informal negotiations or mediation, you agree that you and Sanehood will use final and binding arbitration to resolve the dispute. This clause governs all claims retroactively from the time you began using our website, whether based on tort, contract, statute, including, but not lSanehoodted to, any claims of discrSanehoodnation and harassment, whether they be based on the California Fair Employment and Housing Act, Title VII of the Civil Rights Act of 1964, as amended, or any other state or federal law or regulation, equitable law, or otherwise.

Arbitration Procedure.

All arbitration under this agreement will be conducted under the rules of the American Arbitration Association or by a mutually agreed upon arbitration service. The arbitrator will be a U.S. arbitrator selected from a list of no less than seven (7) names through alternative strikes. In arbitration, each party will have the right to conduct adequate civil discovery, bring dispositive motions, and present witnesses and evidence as needed to present their cases and defenses, and any disputes in this regard shall be resolved by the arbitrator. Resolution of the dispute shall be based solely upon the law governing the claims and defenses pleaded, and the arbitrator may not invoke any basis other than such controlling law. The arbitrator shall have the immunity of a judicial officer from civil liability when acting in the capacity of an arbitrator, which immunity supplements any other existing immunity. Awards must include the arbitrator's written reasoned opinion. You give up your right to trial by jury of any claim you may have against Sanehood or that Sanehood may have against you. Any claim under this clause must be brought within the applicable statute of lSanehoodtations period. The United States Federal Arbitration Act governs this clause, and you acknowledge that this Agreement evidences a transaction in commerce.

Exceptions.

Disputes that may not be subject to predispute arbitration agreement as provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111-203) are excluded from this

Administrative Exhaustion.

You may bring any claim arising out of your use of this website to an administrative agency but only to the extent applicable law permits access to such an agency notwithstanding the existence of an agreement to arbitrate. Such administrative claims include without limitation claims or charges brought before the Equal Employment Opportunity Commission, the U.S. Department of Labor, and the National Labor Relations Board. Nothing in this clause shall be deemed to preclude or excuse you from bringing an administrative claim before any agency in order to fulfill your obligation to exhaust administrative remedies before making a claim in arbitration, however, you waive the right to any monetary award through this such agency proceedings.

Location of Arbitration.

Any arbitration proceeding under this section will take place by default within the State of California, unless you reside outside the United States, in which case the arbitration will take place entirely electronically or telephonically. The arbitration may take place at any other location if agreed to by every party in writing. Regardless of its location, any party may opt to appear at the arbitration via live video or teleconference.

Class Action Waiver.

You waive any right you have for any dispute to be brought, heard, or arbitrated as a class, collective, or representative action. Notwithstanding any other clause contained in this agreement, the preceding sentence shall not be severable from this agreement in any case. Any claim that all or part of this waiver is unenforceable, unconscionable, void or voidable may be determined only by a court of competent jurisdiction and not by an arbitrator. You will not be retaliated against or prevented from completing tasks on our website as a result of your exercising your rights under Section 7 of the National Labor Relations Act, or by the filing of or participation in a class, collective or representative action in any forum, but we may lawfully seek enforcement of this class action waiver, and seek dismissal of such class, collective or representative actions or claims.

Costs and Fees.

The parties shall each bear their respective costs for legal representation at any such arbitration, except to the extent that attorney's fees are explicitly provided for by law. The parties will split any initial administrative fee charged by the arbitrator, up to a maximum cost to you of two hundred fifty dollars (US$250.00). The cost of the arbitrator and court reporter, if any, shall initially be borne by us; however, the arbitrator shall have the discretion to award appropriate costs to the prevailing party, as provided by law, and/or to require the parties to split the costs associated with the arbitrator and/or court reporter.

Severability.

Except for the Class Action Waiver, if any term or provision, or portion of this arbitration clause is declared void or unenforceable it will be severed and the remainder of the arbitration clause will be enforceable.

23. Applicable Law

The laws of the State of California govern these Terms of Service and any controversy, dispute, or claim arising from them.

24. Termination

You may choose at any time to cease using our website, provided that you must abide by all applicable Sanehood policies. We may, in our sole discretion, terminate this agreement, suspend access to our website, or remove any services immediately without notice for any reason.

25. General Terms

Entire Agreement. These Terms of Service and any policies, procedures, or terms referenced in this agreement constitute the entire agreement of the parties with respect to the subject matter, and supersede and cancel all prior and contemporaneous related agreements, claims, representations, and understandings of the parties.

No Waiver. We will not be considered to have waived any portion of our rights or remedies unless the waiver is in writing and signed by us. If we delay enforcing or fail to enforce our rights under any provision of this agreement, that will not constitute a waiver of our right to subsequently enforce such provision or any part of this agreement.

Assignability. You may not assign these Terms of Service without our prior written consent. We may assign these Terms of Service at any time, without notice. Subject to the foregoing, these Terms of Service will be binding on each party's successors and permitted assigns.

Severability. If any provision of these Terms of Service is found invalid or unenforceable for any reason, it will not affect the validity and enforceability of any remaining provisions.

Notice. All notices related to these Terms of Service will be sent by e-mail or posted on our website. You must send notices to us at support@imachines.com. E-mail notices are deemed written notices for all purposes for which written notices may be required. E-mail notices are deemed received the business day after transmission of properly addressed to the intended recipient.

Amendments. No modification or amendment to these Terms of Service by anyone other than Sanehood shall be binding upon Sanehood unless in a written instrument signed by a duly authorized representative of Sanehood.

Prevailing Language. The English language version of these Terms of Service will control in all respects and will prevail in case of any inconsistencies with translated versions, if any.

Voluntary Agreement. All parties to these Terms of Service represent and agree that each has reviewed all aspects of this agreement, has carefully read and fully understands all its provisions, and is voluntarily entering into this agreement.

If you do not agree with all of the terms and conditions of these Terms of Service, do not (and you may not) use or access the Site or the Services.‍

If you do not agree to these Terms of Service, you may not use or access the Site or the Service.

Tokens Appendix to the Master Terms of Service

The holding of Sanehood’s Coin (“Tokens”) and use of the Sanehood platform (“Platform”) (when developed) involve some risks, some of which are set out below.

These risks, and additional risks arising either now or in the future, could result in the destruction of Tokens or the utility of Tokens, and/or the termination of the development of the Platform.

You must consider carefully whether the risks set out below, as well as all other applicable risks, are acceptable to you prior to using the Platform.You must seek professional advice (legal, taxation, financial, technical or otherwise) regarding your particular situation before holding the Token or using the Platform. These risks, and additional risks arising either now or in the future, could result in the destruction of Tokens or the utility of Tokens, and/or the termination of the development of the Platform. You must consider carefully whether the risks set out below, as well as all other applicable risks, are acceptable to you prior to using the Platform.You must seek professional advice (legal, taxation, financial, technical or otherwise) regarding your particular situation before holding the Token or using the Platform.


Changes to the Platform

At the date, the Platform has specific functionality and utility. However, the Platform may undergo significant changes over time. Various features of the Platform, including its terms and conditions, fees, structure, purpose, consensus protocol, algorithm, source codes, infrastructure design and other technical specifications and parameters, may be updated and changed frequently without notice.

Further, the Platform may encounter difficulties during development, including financial, resourcing and technical difficulties. Particular features of the Platform may never be realised. Further, the Platform may encounter difficulties during development, including financial, resourcing and technical difficulties. Particular features of the Platform may never be realised.


Incomplete Information Regarding the Platform

You will not have full access to all the information relevant to the Company and/or the Platform. The Company is not required to update you on the progress of the Platform. The Company is not obligated to send you tokens.


Lack of Operating History of the Company

The Company is a newly formed entity, and has no operating history or track record that could be used (on its own) to evaluate its ability to deliver the Platform.


No Governance Rights Attached to Tokens

Tokens confers no governance rights of any kind with respect to the Platform or the Company. Accordingly, subject to other written arrangements to the contrary, all decisions involving the Platform will be made by the Company, including decisions to discontinue the Platform. These decisions could adversely affect the Platform and the utility of any Tokens that you hold.


No Assets or Property Underlying Tokens

Tokens confer no ownership interest in any assets or property. Nothing underpins the value of Tokens other than the prospect of Platform access.


Replication, Modification or Enhancement Arising from Open Source Nature of Platform

The Platform is mostly open-source in nature. This could allow anyone to replicate, modify or enhance the technologies that underlie the Platform, and readily create competitors for the Platform. These competitors may be more successful than the Platform.


The Potential for Misuse of the Platform

Services which may be banned, restricted or deemed immoral in certain jurisdictions may potentially use the Platform. As a result, governmental authorities or regulators may take action against the Platform. This may deter users from using the Platform, or may involve the complete shutdown of the Platform.


Reliance on Third-party Contractors

Development of the Platform, will require third-party contractors with particular expertise in Binance and blockchain technology. The availability of such contractors is limited. There may not be sufficient (or any) such contractors available on terms deemed acceptable by the Company. The costs associated with any such contractors may be significantly greater than currently estimated. Further, the quality, reliability and timely delivery of services by such contractors may vary significantly.


The Utility of Tokens Depends on the Platform

The utility of Tokens depends on the success of the Platform. The Platform may not be popular or widely used after Launch. In the long term, the Platform may fail to attract a critical mass of users. The Platform may be merged with other projects. Various circumstances, including technical advancement and competitors, may render the Platform obsolete.


Volatility of Tokens

The circulation of Tokens is not the responsibility of the Company, and the Company does not presently intend to support or otherwise facilitate the secondary trading of Tokens. As a result, Tokens may not circulate freely or widely, and may not be listed on any secondary markets. Even if Tokens do circulate on secondary markets, the value of Tokens may be highly volatile. Factors such as perceptions of the Company, delays in the development of the Platform, fluctuations in comparable projects, market dynamics, regulatory actions and changes, technical advancements, as well as broader economic and political factors, may cause the value of Tokens to change significantly over a short period of time. In addition, there may be insufficient liquidity to support an active market in Tokens, or the market in Tokens may become susceptible to market manipulation.


Concentration of Token Ownership

At any point in time, one or more persons may directly or indirectly control significant portions of the total supply of Tokens. Acting individually or in concert, these holders may have significant influence over the Platform. They may make decisions that are not in your best interest as a holder of Tokens.


Reliance on the Internet

Tokens and the Platform rely heavily on the internet. However, the public nature of the internet means that either parts of the internet, or the entire internet, may be unreliable or unavailable at any given time. Further, interruption, delay, corruption or loss of data, or the loss of confidentiality in the transmission of data, may occur when transmitting data via the internet.


Reliance on Binance

Tokens and the Platform rely on Binance. Binance is open-source software that is built upon experimental technology, namely blockchain. Risks arising from this reliance include (but are not limited to):


Cryptographic Advancements

Developments in cryptographic technologies and techniques, including the advancement of artificial intelligence and/or quantum computing, pose security risks to all cryptography-based systems including Tokens and the Platform. Applying these technologies and techniques to Tokens and/or the Platform may result in theft, loss, disappearance, destruction, devaluation or other compromises of Tokens, the Platform or your data.


Source Code Changes and Flaws

The various source codes used in the Platform (when developed) are subject to change and may, at any time, contain one or more defects, weaknesses, inconsistencies, errors or bugs. There’s No Anonymity When Using Binance Your holding and transfer of Tokens and/or use of the Platform (when developed) will not be anonymous. Your address and such actions will be recorded on an unpermissioned blockchain, namely Binance. It is possible to match addresses to identities.


Inadequate Computing Resources

The Platform will require intensive computing resources. The demand for these resources may exceed the Company’s estimates. Ultimately, the Company’s resources may prove inadequate to develop the Platform, which may affect the delivery and/or utility of Tokens. The Loss of a Private Key Is Permanent and Irreversible You alone are responsible for securing your private key. Losing control of your private key will permanently and irreversibly deny you access to your Tokens. Neither the Company nor any other person will be able to retrieve or protect your Tokens. Once lost, you will not be able to transfer your Tokens to any other address or wallet. You will not be able to realise any value or utility that the Token may hold now or in the future.


The Targeting of Tokens, the Platform and the Company by Malicious Persons

Tokens and the Platform (when developed) and the Company may be targeted by malicious persons who may attempt to steal Tokens or otherwise intervene in the functioning of the Platform or the Company. This includes (but is not limited to) interventions by way of: Tokens and the Platform may also be vulnerable to exploitation of vulnerabilities in smart contracts and other code, as well as to human error. This could result in significant loss and/or other impacts that may materially affect your interests.


The Targeting of the User by Malicious Persons

Malicious entities may target you in an attempt to steal any Tokens or cryptocurrencies that you may hold, or to claim any Tokens that you may have purchased. This may involve unauthorised access to your Digital Wallet, your private keys, your cryptocurrency addresses, your email or social media accounts, as well as unauthorised access to your computer, smartphone and any other devices that you may use. You alone are responsible for protecting yourself against such actions.


Jurisdiction Related Risks

Changes in your place of domicile or the applicable law may result in you violating any legal or regulatory requirements of your applicable jurisdiction. You are responsible for ensuring that the delivery, holding, use or exchange of Tokens is, and remains lawful despite changes to applicable laws, your residence and circumstances.