Disclaimer

Introduction:

The content of the website https://www.elongate.cc/, any references made within it as well as any accompanying documentation (together the “Website”) are of purely informational nature. In particular, none of the information on this website should be construed as providing legal or financial advice by the ELONGATE project team (any private individual or legal entity involved in the ELONGATE project, in particular the team members mentioned on the Website itself, together the “ELONGATE Project Team”), nor does the ELONGATE Project Team warrant the actuality and accuracy of the information on the Website.

The ELONGATE Project Team is not the operator of the ELONGATE Application. Therefore, any use of 'we', 'our' etc. within the Website or the accompanying documentation is referring to the ELONGATE Application, the ELONGATE Project as well as the ELONGATE Community and not to the ELONGATE Project Team respectively its members. The same applies in cases where there is no pronoun.

The ELONGATE Application is a decentralized application which runs on the Binance Smart Chain and therefore can easily be integrated into third-party projects and/or applications (such as DeFi applications, exchanges etc.). The same applies to the ELONGATE token. Any reference to such an integration or use-case within the Website is of informational purpose only. The ELONGATE team is not involved, does not support, audit, monitor nor is otherwise connected to any such third-party project or application. Accordingly, the ELONGATE Project Team does not make any statement regarding technical functionality and/or the trustworthiness of any third-party project whether mentioned on the Website or elsewhere. There is no official cooperation, and the use of any third-party project is made by any user at its own risk. To assess the trustworthiness of third-party projects lies in the sole responsibility of such users and must be made carefully.

Legal and Taxation Liability:

Cryptocurrencies are extremely speculative and are subject to powerful market forces and fluctuations outside of the control of ELONGATE. These include but are not limited to macroeconomic trends and governmental regulations. Therefore, by purchasing ELONGATE tokens, users expressly acknowledge that they fully understand that the token may experience volatility in pricing, liquidity, technical malfunctions, data breaches, changes in regulation and will not seek to hold ELONGATE liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of ELONGATE token. Users are also responsible for doing their due diligence regarding tax reporting and payment, levies or similar dues to tax authorities of their respective jurisdiction.

Cryptographic tokens may also be subject to expropriation and/or theft, hackers or other malicious groups who may attempt to interfere in various way including malware attacks, denial of surfing attacks, phishing emails, smurfing, spoofing and by using fake websites and links. This may result in the loss of your tokens or the ability to access them. In such an event, ELONGATE will not be held responsible for any remedy or compensation. Users must protect their own tokens by taking the necessary security precautions and beware of scams.

It is also important to note that the regulatory status of crypto currency is currently unsettled and varies amongst different jurisdictions. It is possible that new laws may be implemented which may affect or restrict a user’s right to acquire, own, hold, buy or sell cryptographic tokens.

Do conduct your own due diligence and consult your financial advisor before making any investment decision.

This website disclaimer shall be governed, construed and interpreted in accordance with the laws of California and British Virgin Islands, excluding conflicts of law rules.

Any dispute, controversy or claim arising out of, or in relation to, this website disclaimer, including the validity, invalidity, breach, or termination thereof, shall be resolved by arbitration in accordance with the BVI IAC Rules of Arbitration.


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