📃Legal Disclaimer

The SCI token is not available to and should not be purchased by persons within the United States or to “U.S. persons” as defined under relevant U.S. laws and regulations. This restriction is in place to ensure compliance with relevant laws and regulations.

Additionally, no entity, person, or corporate body, nor any affiliates or beneficial owners thereof, deemed a Prohibited Person, may own, buy, or sell the token. A “Prohibited Person” includes any individual or entity (government, political subdivision, agency, or instrumentality) that is: (i) a national or resident of, or entity formed under the laws of any U.S. embargoed or restricted country, including but not limited to those included in the U.S. State Department and the Office of Foreign Assets Controls’ Economic Sanctions Programs; (ii) a national or resident of, or entity formed under the laws of Cuba, North Korea, Iran, Libya, South Sudan, Sudan, Syria, or Crimea; (iii) listed on the U.S. Commerce Department’s Denied Persons List, Entities List, or Unverified List; the Treasury’s Specially Designated Nationals and Blocked Persons List, Specially Designated Narcotics Traffickers or Specially Designated Terrorists, or the Annex to Executive Order No. 13224; the State Department’s Debarred List; or under UN Sanctions; (iv) restricted from business transactions by any U.S. Governmental Authority; or (v) subject to any economic sanctions enforced by the UN, EU, or UK.

Participant acknowledges and accepts that Participant shall undergo certain Know Your Customer (“KYC”) or Anti-Money Laundering (“AML”) checks conducted by a third-party provider in order to receive any SCI tokens. PoscidonDAO reserves the right to prohibit participation in the token sale if Participant fails to satisfy any KYC or AML checks.

PLEASE CONSULT YOUR LEGAL TAX AND FINANCIAL ADVISORS BEFORE CONSIDERING PARTICIPATION IN THE TOKEN SALE.

Participant understands and acknowledges that: (i) SCI tokens do not have any intrinsic value and the SCI tokens may never recover any cash, cryptocurrency or other assets which are used directly or indirectly to acquire SCI tokens; (ii) there may be no market-standard valuation process to determine the value of the SCI tokens at any time; (iii) PoscidonDAO gives no guarantee whatsoever on the value of the SCI tokens which may be highly volatile and could reduce to zero; and (iv) the possibility that SCI tokens may increase in value is not a consideration in its decision to purchase the Tokens and its decision is based solely on its planned use of the SCI tokens in the network.

Participation in the token sale does not equate to the exchange of cryptocurrencies for securities, investment units, or ordinary shares in any project, platform, company, or entity. The tokens issued, purchased and distributed are not intended to be securities or collective investment units in any entity. Token holders do not receive dividends, revenue rights, nor any other sort of rights to PoscidonDAO’s assets and do not participate in any profit-sharing scheme.

Participants engage for their own account, not as nominees or agents, without the intention of reselling or distributing the tokens.

Participant has sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of participation. Participant acknowledges and understands that Participant can incur a partial or total loss of funds without impairing their financial condition and can bear the economic risk for an indefinite period. Further, Participant is responsible for implementing reasonable measures for securing, if applicable, the wallet, vault or other storage mechanism used to receive and hold Tokens purchased, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If the private key(s) or other access credentials are lost, Participant may lose access to the SCI tokens. PoscidonDAO is not responsible for any such losses.

Participants affirm compliance with their jurisdiction’s laws concerning token sale participation, including legal requirements, foreign exchange restrictions, necessary consents, and relevant tax consequences.

Participation and token holding must comply with applicable laws in the participant’s jurisdiction. Participant will not use the Tokens in connection with any activity that violates applicable laws in any relevant jurisdiction, including, but not limited to, use of the SCI tokens in connection with transactions that violate U.S. federal or state securities or commodity laws.

Participants understand the significant risks involved, including potential failure of the network or tokens to function as intended, incomplete token launch or auction, insufficient user interest, and possible governmental investigation or punitive actions. Participants are financially sophisticated, capable of evaluating and bearing the risks, and have acquired sufficient information about PoSciDonDAO to make an informed decision. Participants possess adequate technical understanding of cryptographic tokens, network protocols, smart contracts, token storage mechanisms, and distributed networks to appreciate the risks and implications.

THE PARTICIPANT ACKNOWLEDGES THAT THE INFORMATION PROVIDED IS SUFFICIENT FOR AN INFORMED DECISION AND CONFIRMS CONSULTATION WITH THEIR ATTORNEY, ACCOUNTANT, TAX ADVISOR, AND INVESTMENT ADVISOR.