Legal Notice & Disclaimers
LEGAL NOTICE & DISCLAIMERS
IMPORTANT LEGAL NOTICE: PLEASE READ CAREFULLY
THIS DOCUMENT CONTAINS IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES, AND OBLIGATIONS. BY ACCESSING, READING, OR UTILIZING THE XRP TUNDRA WHITEPAPER, WEBSITE, SOFTWARE, TOKENS, OR RELATED SERVICES (COLLECTIVELY, THE “PLATFORM”), YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE LEGALLY BOUND BY THE TERMS SET FORTH HEREIN.
1. NON-INVESTMENT STATUS OF TOKENS
1.1 TUNDRA tokens (hereinafter “TUNDRA” or “Tokens”) are solely utility tokens designed for functional use within the XRP Tundra ecosystem and do not constitute securities, investment contracts, commodities, currencies, or financial instruments of any kind under any jurisdiction.
1.2 The acquisition of TUNDRA does not represent an investment in a common enterprise with the expectation of profits derived primarily from the efforts of others. No representation or warranty is made regarding the future value, utility, or liquidity of TUNDRA.
1.3 Any rewards, yields, or benefits described in connection with TUNDRA are strictly functional in nature and shall not be construed as financial returns, dividends, interest, or investment income of any kind.
2. COMPREHENSIVE RISK ASSUMPTION AND LIABILITY LIMITATION
2.1 Participation in the XRP Tundra ecosystem is undertaken at the User’s sole and absolute risk. The XRP Tundra team, its affiliates, directors, officers, employees, contractors, developers, and agents (collectively, the “Released Parties”) hereby expressly disclaim, to the maximum extent permitted by applicable law, any and all liability for:
(a) Financial losses of any kind, including but not limited to capital loss, inability to liquidate tokens, market volatility, or devaluation;
(b) Technical failures or security incidents related to the Platform, the XRP Ledger, or any connected infrastructure;
© Any third-party actions, omissions, or failures, including but not limited to exchange operators, wallet providers, or other service integrations;
(d) Any indirect, incidental, special, consequential, or punitive damages whatsoever.
2.2 In jurisdictions where the exclusion of implied warranties is not legally permitted, the Platform is provided on an “AS IS” and “AS AVAILABLE” basis to the maximum extent permissible.
3. ABSENCE OF PROPRIETARY RIGHTS
3.1 The acquisition or possession of TUNDRA Tokens does not confer upon the holder any ownership, equity, shareholder rights, profit-sharing arrangements, intellectual property rights, governance authority, voting rights, or decision-making capacity with respect to the XRP Tundra project or any legal entity associated therewith, except as explicitly documented in future governance documentation, should such documentation be implemented.
3.2 TUNDRA holders are granted a limited, non-exclusive, non-transferable license to utilize the functional aspects of the Tokens within the parameters of the Platform’s designated use cases.
4. NON-BINDING NATURE OF PROJECTIONS AND ROADMAP
4.1 All statements, estimates, projections, and technical outlines regarding future developments, features, timelines, or functionality contained in this whitepaper or related materials are forward-looking statements that represent current intentions which remain subject to change at the sole discretion of the development team.
4.2 Such forward-looking statements shall not constitute legally binding obligations, representations, or warranties. No liability shall attach to the Released Parties for failure to achieve any outlined milestones, implement any features, or maintain any existing functionality.
5. ABSENCE OF PROFESSIONAL ADVICE
5.1 The information contained in this whitepaper and all related materials does not constitute financial, legal, tax, regulatory, or other professional advice. Each potential participant must conduct their own due diligence and consult with appropriate professional advisors to determine the legal, financial, tax, and other implications of participation in the XRP Tundra ecosystem within their jurisdiction and personal circumstances.
5.2 No communication from the XRP Tundra team shall be construed as investment advice, recommendation, or endorsement of any participation decision.
6. TECHNICAL PROFICIENCY REQUIREMENTS
6.1 Users acknowledge and represent that they possess sufficient understanding of the technical and operational aspects of blockchain technology, cryptographic tokens, digital wallets, and distributed ledger technology to competently interact with the Platform.
6.2 Users assume full and exclusive responsibility for securing private keys, executing transactions correctly, and maintaining appropriate security measures for their digital assets. The Released Parties shall bear no responsibility for user error, negligence, or failure to implement adequate security protocols.
7. JURISDICTIONAL COMPLIANCE OBLIGATIONS
7.1 The regulatory status of cryptographic tokens, digital assets, and blockchain technology is unclear or unsettled in many jurisdictions. The legality, availability, and appropriateness of the XRP Tundra ecosystem may be restricted or prohibited in certain territories.
7.2 Users are solely and exclusively responsible for determining whether their participation complies with all applicable laws, regulations, tax obligations, and regulatory requirements in their jurisdiction of residence, citizenship, or domicile.
7.3 The XRP Tundra team hereby expressly prohibits individuals and entities located in, incorporated in, or residents of restricted jurisdictions from participating in the ecosystem. “Restricted jurisdictions” shall include, but are not limited to, any jurisdiction where such participation would be contrary to applicable laws.
8. INDEPENDENT PROJECT DECLARATION
8.1 XRP Tundra is an independent, community-driven project with no affiliation, partnership, joint venture, employment relationship, agency relationship, or endorsement from Ripple Labs, Inc., the XRP Ledger Foundation, or any official entity associated with the XRP cryptocurrency or ecosystem.
8.2 Any references to the XRP Ledger, XRP cryptocurrency, or related technologies are made solely for the purpose of technical compatibility and do not imply any sponsorship, endorsement, or relationship with said entities.
9. ABSENCE OF LIQUIDITY ASSURANCES
9.1 No representation, warranty, or guarantee is made regarding the future tradability, liquidity, listing status, or market value of TUNDRA Tokens.
9.2 There is no assurance that TUNDRA will be listed on any cryptocurrency exchange, that any market for TUNDRA will develop or be sustained, or that TUNDRA will maintain any particular value relative to other cryptographic or fiat currencies.
9.3 Users acknowledge that TUNDRA may become illiquid or valueless, and such outcome shall not give rise to any claim against the Released Parties.
10. FORCE MAJEURE PROVISIONS
10.1 The Released Parties shall not be liable for any delay, interruption, or failure to perform arising from causes beyond their reasonable control, including but not limited to:
(a) Acts of God, natural disasters, or extreme weather events;
(b) Pandemic, epidemic, or public health emergency;
© War, armed conflict, terrorism, civil unrest, or social instability;
(d) Acts of government, regulatory actions, sanctions, or changes in laws or regulations;
(e) Infrastructure failures, cyberattacks, network congestion, or technical vulnerabilities;
(f) Market disruptions, extreme volatility, or economic instability.
10.2 The occurrence of such events shall not constitute a breach of any obligation owed to users or token holders.
11. NON-CUSTODIAL OPERATIONAL MODEL
11.1 The XRP Tundra ecosystem operates on a strictly non-custodial basis. At no point does the XRP Tundra team take possession, custody, control, or ownership of users’ XRP, TUNDRA, or other digital assets.
11.2 Users maintain exclusive control over their digital assets at all times through their own private keys and wallets. This fundamental design principle places full responsibility for asset security and management on the individual user.
12. TECHNICAL INFRASTRUCTURE RISK ACKNOWLEDGMENT
12.1 The XRP Tundra ecosystem relies upon the XRP Ledger, its consensus protocol, and associated technologies, none of which are owned, controlled, or maintained by the XRP Tundra team.
12.2 Users expressly acknowledge that no blockchain technology, protocol, or network is immune from technical vulnerabilities, consensus failures, 51% attacks, or other technical shortcomings.
12.3 The Released Parties shall not be liable for any losses, disruptions, or failures arising from issues, bugs, exploits, or security vulnerabilities in the underlying blockchain infrastructure, consensus mechanisms, or connected protocols.
13. DISCRETIONARY DEVELOPMENT RESERVATION
13.1 All future development of the XRP Tundra ecosystem shall be undertaken at the sole and absolute discretion of the development team. There exists no contractual obligation, legal duty, or binding commitment to deliver any specific feature, maintain any existing functionality, or continue development for any specified period.
13.2 The development team reserves the right to modify, replace, or discontinue any aspect of the Platform without prior notice and without incurring any liability to users or token holders.
14. ACCESS RESTRICTION RIGHTS
14.1 The XRP Tundra team reserves the right, in its sole discretion, to restrict, suspend, limit, or terminate access to the Platform for any user engaging in activities that are deemed, in the team’s sole judgment, to be:
(a) Fraudulent, deceptive, or misleading;
(b) In violation of these terms or applicable law;
© Harmful to the Platform, the community, or other users;
(d) An attempt to exploit, manipulate, or abuse the system.
14.2 Such determination may be made without prior notice, formal process, or right of appeal.
15. CONSENT AND ACCEPTANCE OF RISK
15.1 By participating in the XRP Tundra ecosystem in any capacity whatsoever, including but not limited to accessing the website, reviewing the whitepaper, acquiring TUNDRA, staking XRP, or utilizing any associated service, users expressly and irrevocably acknowledge that they:
(a) Have read, understood, and agree to be legally bound by all terms and disclaimers contained herein;
(b) Accept all risks associated with blockchain technology, cryptocurrency tokens, and digital assets generally;
© Assume full responsibility for their participation decisions;
(d) Waive any right to hold the Released Parties liable for any losses, damages, or negative outcomes.
15.2 If any user does not agree to these terms in their entirety, they should refrain from participating in the XRP Tundra ecosystem in any capacity.
16. SEVERABILITY AND SURVIVAL
16.1 If any provision of these disclaimers is found to be unenforceable under applicable law, such provision shall be modified to the minimum extent necessary to make it enforceable while preserving its intent, or if that is not possible, severed from these disclaimers, and the remaining provisions shall continue in full force and effect.
16.2 All disclaimers, limitations of liability, indemnities, and waivers contained herein shall survive any termination or expiration of a user’s participation in the Platform.
17. GOVERNING LAW AND DISPUTE RESOLUTION
17.1 These disclaimers and any disputes arising out of or related to the XRP Tundra ecosystem shall be governed by and construed in accordance with the laws of Malta, without regard to conflict of law principles.
17.2 Any dispute, controversy, or claim arising out of or relating to the Platform, these disclaimers, or the breach, termination, or validity thereof shall be finally settled by arbitration in accordance with the rules of Malta Arbitration Centre, by one or more arbitrators appointed in accordance with said rules.
PRICING MECHANICS CLARIFICATION
18.1 The XRP Tundra ecosystem implements a specific pricing structure as part of its token distribution mechanics, namely: (a) A presale allocation price of $0.01 per TUNDRA token; and (b) An initial listing price of $2.50 per TUNDRA token.
18.2 These pricing mechanics represent factual elements of the token distribution process only and do not constitute, suggest, imply, or guarantee: (a) Any form of investment return, profit, gain, or financial benefit; (b) Any guaranteed future value, price appreciation, or price stability; © Any ability of presale participants to realize the differential between allocation and listing prices.
18.3 Multiple restrictive factors inherently prevent participants from realizing the theoretical price differential, including but not limited to: (a) Mandatory vesting schedules and lockup periods as detailed in the Token Distribution section; (b) Limited liquidity conditions during initial trading periods; © Market volatility inherent to all cryptocurrency assets; (d) Sell pressure generated by multiple market participants; (e) Variable exchange listing procedures and pricing mechanisms; (f) Transaction fees, slippage, and order book depth limitations.
18.4 Users expressly acknowledge that: (a) No guaranteed price floor, minimum value, or price support mechanisms exist for TUNDRA tokens; (b) The market price of TUNDRA may fall below both the initial listing price and the presale allocation price; © Substantial or complete loss of value remains a possible outcome; (d) The Released Parties make no representations regarding future price performance; (e) Users bear sole responsibility for any financial decisions regarding TUNDRA tokens.
18.5 Any reference to the presale allocation price and initial listing price in marketing materials, the whitepaper, or other communications shall be construed strictly as factual information regarding the token distribution mechanics and not as: (a) A promise of returns or profits; (b) An inducement to participate based on financial gain expectations; © A representation of future value or performance; (d) A guarantee that presale participants will realize any specific value.
18.6 The price differential between presale allocation and initial listing is a mechanical aspect of the launch process only and shall not constitute a basis for any claim against the Released Parties should a participant be unable to realize any specific value from their TUNDRA tokens.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES SHALL THE RELEASED PARTIES BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES OF ANY KIND, INCLUDING BUT NOT LIMITED TO LOSS OF REVENUE, INCOME, PROFITS, OR CRYPTOCURRENCY VALUE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF OR INABILITY TO USE THE PLATFORM, REGARDLESS OF THE FORM OF ACTION, WHETHER BASED IN CONTRACT, TORT (INCLUDING, BUT NOT LIMITED TO, SIMPLE NEGLIGENCE, WHETHER ACTIVE, PASSIVE, OR IMPUTED), OR ANY OTHER LEGAL OR EQUITABLE THEORY, EVEN IF THE RELEASED PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Last updated