Legal Disclaimer
for PowShares
Information published on PowShares
The website https://powshares.com (hereinafter, referred to as the “Website”) provides information and material of a general nature. You are not authorized and nor should you rely on the Website for legal advice, business advice, or advice of any kind. You act at your own risk in reliance on the contents of the Website. Should you make a decision to act or not act you should contact a licensed attorney in the relevant jurisdiction in which you want or need help. In no way are the owners of, or contributors to, the Website responsible for the actions, decisions, or other behavior taken or not taken by you in reliance upon the Website.
Translations
The Website may contain translations of the English version of the content available on the Website. These translations are provided only as a convenience. In the event of any conflict between the English language version and the translated version, the English language version shall take precedence. If you notice any inconsistency, please report them on GitHub.
Risks related to the use of PowShares
The Website will not be responsible for any losses, damages or claims arising from events falling within the scope of the following five categories:
Mistakes made by the user of any PowShares-related software or service, e.g., forgotten passwords, payments sent to wrong PowShares addresses, and accidental deletion of wallets.
Software problems of the Website and/or any PowShares-related software or service, e.g., corrupted wallet file, incorrectly constructed transactions, unsafe cryptographic libraries, malware affecting the Website and/or any PowShares-related software or service.
Technical failures in the hardware of the user of any PowShares-related software or service, e.g., data loss due to a faulty or damaged storage device.
Security problems experienced by the user of any PowShares-related software or service, e.g.,unauthorized access to users’ wallets and/or accounts.
Actions or inactions of third parties and/or events experienced by third parties, e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties.
Cookies
Suggested text: If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. These are for your convenience so that you do not have to fill in your details again when you leave another comment. These cookies will last for one year.
If you visit our login page, we will set a temporary cookie to determine if your browser accepts cookies. This cookie contains no personal data and is discarded when you close your browser. When you log in, we will also set up several cookies to save your login information and your screen display choices. Login cookies last for two days, and screen options cookies last for a year. If you select “Remember Me”, your login will persist for two weeks.
If you log out of your account, the login cookies will be removed.
If you edit or publish an article, an additional cookie will be saved in your browser. This cookie includes no personal data and simply indicates the post ID of the article you just edited. It expires after 1 day.
Sponsored Content and Advertisements
This Website features sponsored content and advertisements that are served based on metrics such as device type and visitor location to better tailor products and services that may be of interest to visitors. This content is marked with (■ or AD) as an indication that the visitor is viewing sponsored content where applicable.
Investment risks
The investment in PowShares can lead to loss of money over short or even long periods. The investors in PowShares should expect prices to have large range fluctuations. The information published on the Website cannot guarantee that the investors in PowShares would not lose money.
Compliance with tax obligations
The users of the Website are solely responsible to determinate what, if any, taxes apply to their PowShares transactions. The owners of, or contributors to, the Website are NOT responsible for determining the taxes that apply to PowShares transactions.
The Website does not store, send, or receive PowShares
The Website does not store, send or receive PowShares. This is because PowShares exist only by virtue of the ownership record maintained in the PowShares network. Any transfer of title in PowShares occurs within a decentralized PowShares network, and not on the Website.
No warranties
The Website is provided on an “as is” basis without any warranties of any kind regarding the Website and/or any content, data, materials and/or services provided on the Website.
Limitation of liability
Unless otherwise required by law, in no event shall the owners of, or contributors to, the Website be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website.
Arbitration
The user of the Website agrees to arbitrate any dispute arising from or in connection with the Website or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.
No Refund Policy
Private Sales and Presale Transactions
All transactions made during the private sale and presale periods are final. PowShares does not offer refunds for any purchases made during these periods.
We reserve the right to delay the launch in case the presale does not fill out as per our expectations. This does not constitute grounds for a refund request.
By making a purchase during these periods, you acknowledge that you have read, understood, and agree to be bound by this no refund policy. If you do not agree with this policy, or if you have any questions, we encourage you to contact us before making a purchase.
We urge you to make sure that you have thoroughly considered all relevant factors and potential risks before participating in the private sale or presale.
Remember, your purchase is non-refundable once made.
Thank you for your understanding and support.
Last Amendment
This disclaimer was amended for the last time on December 19, 2023.