Legal Disclaimer and Risk Disclosure
Effective Date: 12. Januar 2026
1. No Offer, Solicitation, or Advice
Nothing contained in any communication, documentation, whitepaper, website, or other materials relating to Bitcoin Everlight (hereinafter “the Project”) or its native token BTCL shall be construed, interpreted, or deemed to constitute an offer, solicitation, invitation, or recommendation to buy, sell, subscribe for, or otherwise acquire any tokens, securities, or financial instruments, nor shall it be construed as investment advice, legal advice, tax advice, or any other form of professional advice. The Parties expressly disclaim any and all liability for any direct or indirect loss or damage of any kind arising from reliance on such information. No representations or warranties, express or implied, including but not limited to merchantability, fitness for a particular purpose, non-infringement, or accuracy, are made with respect to the Project or BTCL. Any participation in the Project or acquisition of BTCL is undertaken solely at the participant’s own risk and discretion.
2. Experimental and Early-Stage Nature
The Project is experimental, nascent, and under continuous development. There is no assurance, representation, or warranty, express or implied, that the Project will ever be completed, successfully deployed, or operate as intended. The Project may be delayed indefinitely, materially modified, suspended, or abandoned at any time without liability or prior notice. Users acknowledge and accept that the Project’s underlying technology, protocols, and infrastructure are subject to ongoing change, refinement, and potential failure.
3. No Guarantees or Commitments
The creators, contributors, developers, operators, affiliates, assigns, successors, and any related parties (collectively, “the Parties”) expressly disclaim and exclude any and all guarantees, commitments, warranties, or obligations, whether express or implied, statutory or otherwise, including but not limited to any guarantees regarding functionality, usability, performance, timelines, delivery, roadmap adherence, network launch, or any other aspect of the Project. The Parties shall have no liability or responsibility for any failure, delay, modification, or discontinuation of the Project or any of its components.
4. Token Disclaimer
BTCL is a utility token intended solely for use within the Project’s ecosystem and does not constitute a security, equity interest, debt instrument, or any other form of financial instrument. BTCL confers no rights, claims, or entitlements of any kind, including but not limited to voting rights, dividends, profit sharing, governance participation, or ownership interests. BTCL may have no intrinsic or extrinsic value, may become valueless, and may never be transferable, tradable, or usable for any purpose. The Parties make no representations or warranties regarding the value, liquidity, utility, or transferability of BTCL.
5. Forward-Looking Statements
Any statements, projections, forecasts, or communications regarding future events, plans, or expectations concerning the Project or BTCL constitute forward-looking statements that are inherently speculative. No reliance should be placed on such statements, and the Parties disclaim any duty or obligation to update, revise, or reaffirm any forward-looking information. Actual results may differ materially due to risks, uncertainties, and assumptions beyond the control of the Parties.
6. Regulatory and Legal Risk
The regulatory and legal framework governing blockchain technologies, tokens, and related activities is evolving, uncertain, and subject to change. The Project and BTCL may be subject to regulatory scrutiny, restrictions, prohibitions, or enforcement actions in various jurisdictions. The Parties do not warrant or guarantee compliance with any applicable laws, regulations, or directives and disclaim any liability arising from such regulatory developments, including but not limited to reclassification of BTCL, bans, sanctions, or penalties. Users bear sole responsibility for ensuring compliance with all applicable laws and regulations in their respective jurisdictions.
7. Technology and Security Risks
The Project’s technology, including but not limited to smart contracts, blockchain protocols, cryptographic algorithms, and network infrastructure, may contain bugs, defects, vulnerabilities, or security flaws. The Parties disclaim all liability for any damages, losses, or failures arising from technical malfunctions, exploits, hacks, consensus failures, network attacks, data breaches, or loss of data. Users acknowledge that participation involves inherent technical risks, including the potential for partial or total loss of tokens, funds, or access.
8. Third-Party Dependencies
The Project relies on third-party services, infrastructure, and providers, including but not limited to blockchains, wallets, exchanges, oracles, custodians, and other intermediaries. The Parties disclaim any and all liability for failures, disruptions, delays, or losses caused by such third parties. Users assume all risks associated with third-party dependencies, including loss of access, funds, or service interruptions.
9. Assumption of Risk
By accessing, interacting with, or using the Project or BTCL in any manner, users expressly acknowledge and assume all risks, whether known or unknown, foreseeable or unforeseeable, inherent or incidental, including but not limited to economic, technical, legal, regulatory, operational, and security risks. Users accept full responsibility for any losses, damages, or liabilities incurred as a result of their participation.
10. Limitation of Liability
To the maximum extent permitted by applicable law, the Parties shall not be liable for any direct, indirect, incidental, consequential, special, punitive, exemplary, or any other damages whatsoever, including but not limited to loss of profits, loss of revenue, loss of data, loss of goodwill, or economic loss, arising out of or in connection with the Project, BTCL, or any related activities, regardless of the cause or legal theory of liability, even if the Parties have been advised of the possibility of such damages. This limitation applies without regard to negligence, breach of contract, strict liability, or any other legal or equitable theory.
11. No Fiduciary Duty
No fiduciary, advisory, agency, partnership, joint venture, or employment relationship is created between the Parties and any user, participant, or token holder. The Parties owe no duty of care, loyalty, or any other fiduciary obligation to users or token holders.
12. Jurisdictional Uncertainty
The Parties make no representations or warranties regarding the legality, permissibility, or suitability of the Project or BTCL in any jurisdiction. Users are solely responsible for determining whether their participation complies with all applicable laws, rules, and regulations, including but not limited to securities laws, tax laws, and anti-money laundering regulations.
13. Force Majeure
The Parties shall not be liable or responsible for any failure or delay in performance resulting from causes beyond their reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, civil unrest, labor disputes, governmental actions, pandemics, or any other force majeure events.
14. Indemnification
Users agree to indemnify, defend, and hold harmless the Parties and their respective officers, directors, employees, agents, affiliates, successors, and assigns from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to their use of the Project or BTCL, violation of these terms, or infringement of any rights of a third party.
15. Acceptance of Terms
By accessing, interacting with, or using the Project or BTCL in any manner, users acknowledge that they have read, understood, and unconditionally accept this Legal Disclaimer and Risk Disclosure in its entirety. Users expressly agree to assume all risks and waive any claims against the Parties to the maximum extent permitted by law.