Status of Tokens. The Purchaser understands and expressly accepts that the Tokens will be created and delivered to the Purchaser at the sole risk of the Purchaser on an “AS IS” and “UNDER DEVELOPMENT” basis. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THE PURCHASER ASSUMES ALL RISK AND LIABILITY FOR THE RESULTS OBTAINED BY THE USE OF ANY TOKENS AND REGARDLESS OF ANY ORAL OR WRITTEN STATEMENTS MADE BY THE COMPANY, BY WAY OF TECHNICAL ADVICE OR OTHERWISE, RELATED TO THE USE OF THE TOKENS
Status of Tokens a. The Tokens are intended exclusively for the following purposes:
Status of Tokens i. Buyers are allowed to use the tokens only for the following purposes:
a. To participate in the profit distribution of the SwapZilla platform. The detailed plan is described in Appendix 1 of the Agreement.
ii. The Buyer hereby acknowledges and agrees that:
a. bears sole responsibility for determining the legality or illegality of the acquisition of tokens by him in the jurisdiction applicable to him;
b. does not acquire tokens for purposes other than those specified in clause 3.i;
c. the Company has no obligations to the Buyer, except for those defined in this Agreement.
iii. Ownership of tokens does not contain any rights other than those specified in clause 3.i.
