Legal Disclaimers
IMPORTANT NOTICE: PLEASE READ CAREFULLY BEFORE ENGAGING WITH THE PLATFORM
This Legal Disclaimer ("Disclaimer") governs your use of the BioFoundry website, platform, related software, smart contracts, informational materials, and interactions involving SMILE tokens ("SMILE Tokens"), collectively referred to as the "Platform." Your continued access to, interaction with, or use of the Platform constitutes your explicit acceptance of all terms, conditions, limitations, and disclaimers outlined herein.
General Information and Non-Solicitation
All information, content, documentation, and materials presented on or by the Platform are provided strictly for informational, educational, and general knowledge purposes. Nothing provided constitutes or should be interpreted as legal, financial, investment, regulatory, tax, medical, or professional advice. BioFoundry explicitly disclaims any intention to solicit investment or participation in any securities or regulated financial instruments, nor is BioFoundry registered as a securities broker, dealer, financial advisor, or medical provider.
Users should independently verify all information provided, and conduct their own thorough due diligence before making decisions or taking actions based on Platform content. BioFoundry explicitly disclaims any liability for decisions or actions taken by users based on information provided herein.
Legal Status and Limitations Regarding SMILE Tokens
The SMILE token is explicitly and exclusively designed as a utility and governance token to facilitate participation and interactions within the SMILE Foundation ecosystem and BioFoundry Platform. SMILE tokens explicitly do not represent, imply, or confer any of the following:
A security, financial instrument, or investment contract as defined under applicable securities regulations.
Equity, debt, ownership interests, shares, or rights in BioFoundry, SMILE Foundation, or any related legal entities.
A promise or guarantee of future profits, returns, or appreciation in token value.
An entitlement to dividends, distributions, or any other economic rights typically associated with equity securities.
SMILE tokens derive their value solely from platform utility, governance participation, and ecosystem interactions. Any potential change in token value, whether appreciation or depreciation, is not assured or implied by BioFoundry, SMILE Foundation, or their affiliates.
Regulatory Compliance and Jurisdictional Responsibilities
The Platform and SMILE token structure have been carefully developed considering applicable U.S. laws, regulations, and best practices, including those administered by the U.S. Securities and Exchange Commission (SEC) and the U.S. Food and Drug Administration (FDA). Nevertheless, the legal and regulatory landscape surrounding blockchain technology and digital assets is continually evolving and subject to significant uncertainty.
BioFoundry and SMILE Foundation make no guarantees, warranties, or representations concerning the legality or regulatory compliance of the Platform or SMILE tokens in any jurisdiction. Users explicitly acknowledge their responsibility to:
Obtain independent legal, financial, tax, and regulatory advice appropriate to their jurisdiction.
Ensure full compliance with applicable local, state, national, and international laws and regulations.
Recognize that regulatory changes may materially affect token functionality, availability, usability, or legality.
BioFoundry reserves the right, at its sole discretion, to restrict or deny platform access or token availability in specific jurisdictions at any time and without prior notice or liability.
Comprehensive Risk Disclosure
Engagement with blockchain-based technologies, digital assets, decentralized finance (DeFi), and token offerings involves significant risks, including but not limited to:
Substantial and unpredictable market volatility.
Risks inherent to blockchain protocols, software bugs, smart-contract vulnerabilities, and network disruptions.
Regulatory ambiguity, evolving legal frameworks, and potential adverse enforcement actions.
Complete and permanent loss of tokens or assets due to lost private keys, security breaches, or user error.
Market illiquidity, limited secondary markets, and limited token convertibility.
Cybersecurity risks, fraud, theft, and unauthorized access.
Economic risks arising from platform or third-party service disruptions or failures.
Users acknowledge and expressly accept all risks, and represent that they have the necessary knowledge, expertise, and financial means to withstand such risks. Users agree not to participate with funds they cannot afford to lose entirely.
Forward-Looking Statements and Projections
Platform documentation and communications may contain statements or projections concerning future development, capabilities, features, ecosystem growth, token utility, or outcomes. Such forward-looking statements involve substantial uncertainty, assumptions, and risks, and actual outcomes could differ materially from expressed expectations. BioFoundry and SMILE Foundation explicitly disclaim obligations to update or revise any forward-looking statements and do not guarantee future results or performance.
Medical and Therapeutic Claims Disclaimer
BioFoundry and SMILE Foundation expressly disclaim any medical or therapeutic claims regarding any project, product, service, token, or technology discussed or referenced. The Platform does not provide medical advice, diagnosis, treatment, or healthcare recommendations. Biological and mechanistic information is presented for informational purposes only, and users are advised always to consult qualified medical professionals regarding medical or health-related decisions.
Limitations of Liability, Warranty, and Indemnification
The Platform, software, smart contracts, and related technologies are provided strictly "AS IS" and "AS AVAILABLE," without warranties or representations of any kind, express, implied, or statutory, including but not limited to warranties of accuracy, merchantability, fitness for a particular purpose, reliability, security, uninterrupted operation, non-infringement, or error-free performance.
Users explicitly agree to hold harmless and indemnify BioFoundry, SMILE Foundation, and their respective affiliates, officers, directors, employees, contractors, advisors, agents, successors, and assigns from any claims, losses, damages, liabilities, and expenses arising out of or related to their use of the Platform, including but not limited to third-party claims, regulatory actions, or disputes.
In no event shall BioFoundry, SMILE Foundation, or their affiliates and agents be liable for any indirect, consequential, special, punitive, incidental, or exemplary damages, including loss of profits, revenue, data, or goodwill, arising from or related to use or inability to use the Platform, even if previously advised of the possibility of such damages.
Intellectual Property
All intellectual property rights related to the Platform, including but not limited to trademarks, copyrights, proprietary software, and content, are exclusively owned or licensed by BioFoundry and SMILE Foundation. Unauthorized use, reproduction, or distribution of any content or intellectual property is strictly prohibited.
By accessing or interacting with the Platform, you confirm that you have carefully read, fully understand, and explicitly agree to comply with and be bound by all terms and conditions set forth in this Legal Disclaimer.
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