Legal
Please be advised that there are certain legal implications that players of Cyverse should be aware of. By acquiring $CREDZ tokens and/or participating in Cyverse, it shall be deemed that the player understands and accepts to be solely responsible for their decisions and acts regarding their $CREDZ tokens and related assets and for the related risks, known or unknown, including but not limited to:
1. Uncertain Legal Status and Implications:
Laws and regulations related to the distributed ledger technology underlying $CREDZ tokens and Cyverse are not settled and subject to change, which could negatively impact $CREDZ tokens and Cyverse and we may decide to cease our operation.
2. Changes to Our Policies:
The market of blockchain-related video games such as Cyverse is especially fast-paced and businesses should adapt to new developments on a very regular basis. As such we shall reserve the rights to amend, update, change, and decide on all policies related to Cyverse, including but not limited to the white paper, and $CREDZ tokens and shall not be able to control nor held responsible for any effect that may take place on relevant stakeholders.
3. Impossibility of Absolutely Complete Disclosure:
This Whitepaper seeks to provide the most updated and most important information relating to Cyverse and $CREDZ tokens as of the date hereof, however, it could not be absolutely complete in any circumstances and shall need to be updated from time to time. Cyverse is still under development and thus its technical details are subject to constant changes. Insufficient information disclosure is inevitable and the Cyverse team is not able and not obliged to inform relevant stakeholders of every detail of Cyverse.
4. Market Forces:
The blockchain industries are increasingly competitive. Market competition and changes such as a decline or increase in the prices of any digital asset could negatively impact Cyverse, $CREDZ tokens outside the control of the Cyverse team. Furthermore, unforeseen technical difficulties, shortage of development funds for activities, or any changes of other economic factors may hinder the development of Cyverse as planned and cause unexpected effects to $CREDZ token holders.
5. Human Capital Loss:
People are the most important resources of Cyverse. Despite the effort to retain talent and build a good working environment, the parting of any team member is not under our control. In-cohesion within the team and departure may affect $CREDZ tokens, Cyverse, and $CREDZ token holders.
6. Security Risks:
Digital assets have been targeted by hackers and malicious groups. Many attempts to interfere with digital asset platforms similar to Cyverse have been reported, including but not limited to malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing, and causing great losses to relevant stakeholders. Stakeholders should be aware of the risks of thefts and appropriation of $CREDZ tokens by criminals, and Cyverse shall not be expected to be totally shielded from such offenses. Furthermore, the development of technology is highly unpredictable and could pose unknown security risks to $CREDZ tokens and/or Cyverse.
7. Other Risks and Uncertainties:
It should be noted that the risks mentioned above are not exhaustive. Other risks and uncertainties in connection with Cyverse and $CREDZ tokens may materialize and still stay unknown. By using Cyverse services and related products, the player accepts to undertake the mentioned risks and shall be solely responsible for their own acts and decisions. The player is expected to conduct full due diligence on the overall and detailed information related to Cyverse, $CREDZ tokens, and the Cyverse team before participating in any related activities.
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