DISCLAIMER BlockChain-Platform INTEGROO
This document is a warning about risks and conditions of practical use of BlockChain Platform INTEGROO (hereinafter referred to as Platform), its services and information placed on them.
This document is intended to protect you from losses and/or receipt of services and services that you don't need.
By accessing the Platform and its services and performing any transactions using the Platform, You acknowledge that You are familiar with this document, are aware of the risks and assume them in full.
Hereinafter in this document, you also refer to yourself as the "User".
I. POSSIBLE RISKS
1.1 The Platform and the Platform Information Products are not financial, investment or business advice. It is up to each User, who isgranted electronic access to the Platform, to decide which actions to perform on the Platform and how to use the information, products or services obtained on the Platform.
1.2 Use of the Platform does not guarantee any economic, financial or business benefit for you, and does not guarantee profit.
1.3 The Platform is decentralized, and as such, the INTEGROO decentralized autonomous organization community, including the website administration, is not responsible for its functioning.
1.4 The decision to use the Platform, including the decision to actively work on the Platform, must be made by the User.
If the User has made such a decision, the User assumes the following risks:
A. Risks of operations with cryptocurrency, tokens
In most countries, there is no legal regulation of operations with cryptocurrency, tokens. Cryptocurrency, tokens are not guaranteed and secured by banks, both national and private.
Due to sharp exchange rate fluctuations, operations with cryptocurrencies, tokens carry high risks in carrying out exchange transactions. Due to volatility and incorrect behavior of the Cryptocurrency/Tokens User, financial losses (losses) can occur.
DeFi tokens (including ROO tokens) are volatile, i.e. their price is constantly changing. The price of DeFi tokens is automatically recalculated after each transaction and depends on the number of DeFi tokens and the number of USDT in the liquidity pool. No one can guarantee the price of a DeFi token The LP token is also volatile. This means that the amount of assets spent to get it does not equal the amount of assets received when it is burned. If the User wants to get his assets back, the system burns his LP-tokens and returns his assets to the User at the ratio of the current exchange rate. No one can guarantee the price of LP-tokens. Stacking remuneration is not guaranteed, as this remuneration depends on the operation of the service, the number of transactions carried out using the service, the total number of LP-tokens.
ROO tokens and LP tokens are not securities, bonds or obligations, are not guaranteed in any way and are not materially backed up.
Individuals or legal entities cannot make any representations or warranties related to the circulation of cryptocurrency tokens. If you have received such guarantees from anyone, you should not trust them.
Any transactions with tokens/cryptocurrency should not be regarded as an investment for profit or as a financial instrument. Each User conducts operations with tokens at their own risk.
B. Technological risks
There are also technological risks in the circulation of cryptocurrencies, tokens, and rights fixing risks. For example, loss of access to a crypto wallet, failure to pass verification, transfer to third parties or loss of crypto wallet passwords, etc. can lead to financial losses and inability to protect the cryptocurrency or token owner's rights in case of a breach.
Loss of password and SEED phrase for access to cryptocurrency wallet entails loss of User's cryptoassets. In such case, as a rule, no one will be able to restore User's access to his crypto-purse.
We notify you, as a User, of the necessity to keep logins, passwords, seed phrases for access to the crypto-purse confidential, as well as of the necessity to follow the recommendations of services storing crypto-assets. Note. The platform does not provide services for storage of crypto-assets (these services are provided by third-party services).
Technological risks also include the inability to cancel the transactions in the blockchain. The record of transactions in the blockchain is unchanged. This means that once you approve a transaction, you will not be able to cancel it, i.e. no refunds are possible.
ะก. Legal Risks
We warn you that the use of cryptocurrency, tokens and transactions with them may be subject to certain legal restrictions. The User, in the case of transactions with tokens, cryptocurrency in conditions of restriction or prohibition of cryptocurrencies, crypto exchanges, etc. in the jurisdiction of the country where the User is located, assumes all responsibility for any damages resulting from the violation of such prohibition or non-compliance with the relevant requirements.
None of the Users, Platform developers, INTEGROO's decentralized autonomous community, Site Administration shall be liable to the individual User for any financial losses incurred by the User as a result of new or amended legal regulations coming into effect. The legal risk also includes the possibility of the User's financial losses due to the absence or ambiguity of regulatory and legal acts directly or indirectly regulating cryptocurrencies, tokens and exchange operations with them.
Before starting work on the Platform, any User is obliged to independently make sure that transactions with tokens and cryptocurrencies are not prohibited in his country of residence, if regulated - not contrary to the law, and to regularly monitor changes in the legislation.
Before starting work on the Platform, Users who plan to sell their goods and/or services on the Platform must independently verify that their country of residence does not prohibit operations with tokens and cryptocurrencies in the sale of goods and services, including the use of cryptocurrency as a means of payment, and, if regulated, is not against the law, as well as regularly monitor legislative amendments.
D. Lack of Experience Risk
The User will need to gain experience over a sufficiently long period of time to minimize the possibility of losses. Be careful and cautious when making transactions with tokens/cryptocurrencies, follow the recommendations of crypto exchanges, exchanges, and wallets. Due to the lack of experience, no one guarantees that the use of the Platform and its services will bring the User a profit.
E. Risks of fraudulent actions on P2P services.
Please be aware that the cryptocurrency market, cryptocurrency exchangers and similar services can be subject to fraudulent actions of third parties. If you have any doubts regarding the correctness and legality of the actions of P2P service participants, you should refrain from committing any acts.
F. Force Majeure
None of the Users, Platform developers, INTEGROO Autonomous Decentralized Autonomous Organization community, including the Site Administration shall be liable for damages, incurred by the User as a result of force majeure circumstances, which include among others, warfare, terrorist acts, natural disasters, currency interventions, decisions of governmental and regulatory authorities.
II. Changes
The decentralized autonomous organization INTEGROO reserves the right to revise the terms and conditions of the site at any time by updating them. Any such modifications shall apply to the Users.
III. Responsibilities
None of the Users, Platform developers, INTEGROO Decentralized Autonomous Organization community, Administration of the site shall bear any responsibility for any damages, arising from the use of materials, information on the site, consequences of any actions or decisions, taken as a result of accessing or using the site.
While the INTEGROO Decentralized Autonomous Organization community takes reasonable measures to ensure that the content is accurate and up-to-date, it assumes no responsibility for the actions of persons or entities, directly or otherwise, based on information available on or obtained through the Site.
The Platform and its services are provided on an "as is" basis, without warranties of any kind, express or implied, and none of the Users, Platform developers, INTEGRO's Decentralized Autonomous Organization community, Site Administration makes any representation or warranty with respect to the Site and its contents, including without limitation, (i) the timeliness, currency, accuracy, completeness, reliability, availability or relevancy for any particular purpose of the Site and its contents, (ii) the fact that none of INTEGRO's users, contributors, or contributors to the Site
INTEGROO Decentralized Autonomous Organization, Site Administration disclaims any representations or warranties that may otherwise be implied, and disclaims all liability with respect to the site, its content and use.
The information, materials on http://integroo.group/ represent the opinions and experiences of Users, INTEGROO decentralized autonomous organization community, they do not provide financial or legal advice. Access to the Platform and the use of its services and service content is at the sole discretion of the User.
IV. Consent to the terms and conditions
By using the Platform, you agree to the terms and conditions set forth herein.
This DISCLAIMER is published on
http://integroo.group/ on May 31, 2022
Last updated