Disclaimer for the Eco Lodge Project and INGWE Token
Acceptance of Terms
By accessing, purchasing, holding, or using INGWE tokens or Eco Lodge Project Non-Fungible Tokens (NFTs), you explicitly acknowledge and agree to the terms set forth in this disclaimer. If at any point you do not agree to any part of these terms, you are instructed not to purchase, hold, or use the INGWE tokens or NFTs.
Nature and Purpose of Digital Assets
The INGWE tokens and Eco Lodge Project NFTs are issued as digital assets representing utility within the Eco Lodge Project ecosystem. They are categorically not to be considered as securities, investments, or any form of financial instrument that could be construed as a share or stake in any physical or legal entity. They offer no inherent financial or monetary value and are not underpinned by any form of underlying asset, currency, or commodity. The INGWE token and any Eco Lodge Project NFTs are not and should not be considered as currency, legal tender, or any type of asset related to a currency, in any jurisdiction. They are not issued by any central bank or national, supranational, or quas-national organization, nor do they possess any of the characteristics or legal status of a currency. They do not represent a claim on a central bank or government, and are not designed or intended to perform the functions of a currency. The INGWE tokens and Eco Lodge Project NFTs are digital assets within their ecosystem, serving as tokens of utility for the purposes of engagement and participation in the associated platform and services, and should not be used or purchased as a substitute for currency.
No Implied Ownership or Rights
Ownership of INGWE tokens or Eco Lodge Project NFTs does not confer any legal rights to the holder to claim ownership, control, or stake in any physical assets, intellectual property, or equity of the eco lodge or any related legal entity. The tokens and NFTs are designed for utility within the project’s ecosystem and do not embody any form of investment or equity instrument.
Clarification on Revenue Share Concept
The concept of revenue sharing mentioned in any communications or whitepapers related to the Eco Lodge Project is purely illustrative and does not create a binding commitment or legal claim to any form of profit sharing or financial distribution from the eco lodge’s operations or any other business activities. The use of the term “revenue share” is not to be interpreted as an entitlement to lodge earnings and is subject to change based on the actual performance and discretion of the project’s management.
Absence of Financial Value Guarantee
The Eco Lodge Project expressly disclaims any promise or guarantee of potential future profits, revenue sharing, or appreciation in value of INGWE tokens or NFTs. Any statements to the contrary are unauthorized and not supported by the project. The project does not, in any form, provide investment advice or guarantee any financial returns.
Limitation of Liability
The Eco Lodge Project, its creators, team members, affiliates, or any associated parties shall not be held liable for any potential losses or damages arising out of or in connection with the purchase, possession, or use of INGWE tokens or NFTs. This includes, but is not limited to, losses related to investment risks, market volatility, regulatory changes, or technology failures.
Seeking Independent Advice
All participants are advised to consult with legal, financial, tax, or other professional advisors regarding the acquisition or use of INGWE tokens or NFTs. The responsibility to conduct a risk assessment related to purchasing or holding digital assets falls solely upon the user, and it is recommended that users do not engage in transactions beyond their financial means or understandingIt is the sole responsibility of the purchaser, holder, or user of INGWE tokens or Eco Lodge Project NFTs to assess and fulfill any tax obligations applicable to them under the laws of their jurisdiction(s) as a result of acquiring, holding, transferring, or utilizing these digital assets. The Eco Lodge Project, including its founders, team members, partners, affiliates, or any associated entities, shall not be held liable for any tax liability incurred by participants in the project. This includes, but is not limited to, income tax, capital gains tax, VAT, sales tax, and any other form of tax or duty levied by governmental or local authorities. Participants must seek independent professional advice to ensure compliance with their tax obligations.
By utilizing any part of the Eco Lodge Project ecosystem, you confirm that you have read, understood, and unreservedly accepted all parts of this disclaimer. The terms outlined herein are binding, and you acknowledge that the Eco Lodge Project has provided full disclosure of the legal standing and implications of your participation in the project.
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