Risk Disclosure relating to MechaSharks Services
Effective: May 18, 2022
To serve as additional information to the user, MechaSharks is presenting information about the risks associated with MechaSharks service procedures. Please read carefully and be aware of such information.
Terms and Limitations of Service
About Blockchain usage:
MechaSharks uses blockchain technology, so this includes tokens, NFT-shaped characters, cryptocurrencies, “smart contract” services, consensus algorithms. The Site will use services and tools where technology will be decentralized, where the peer-to-peer (“P2P”) concept will also be used, which is where the network works both as a client and as a server for making purchases.
It is important that the User is aware and in agreement that such technologies are new, experimental and that even with current laws, risks may occur.
The Waves network will be the technology used throughout the Site and this is referred to in various actions and activities related to MechaSharks. Blockchain Waves is not under the control of MechaSharks, so there may be risks and uncertainties as it is a public network.
The player's account is of exclusive interest and responsibility of the user and regarding the security of the private key it must be well protected by the same. The address related to the blockchain wallet will be used to enter the site and also make purchases, so if the user loses his private key, he will be prevented from recovering his account on MechaSharks.
It is the user's responsibility to know that fiat currency related prices and the value on public markets of crypto assets such as Waves fluctuate and are highly volatile. As these are relatively new products and technologies, there are investors and speculators who seek to profit from cryptocurrencies in the short or long term, bringing great demand in the market.
The cost and speed of transactions will be paid through Waves currency or MechaSharks' own token, MARO, there may be changes in value or in another digital asset unexpectedly at any time.
We will not be responsible for any loss and will not be liable for any use of digital asset that will result in loss of user. Any loss or damage from user error such as forgetting your password, incorrect transactions with wrong addresses, third party activities, use of viruses, phishing and loss of data will result in the sole responsibility of the user.
Disclaimer: MechaSharks does not provide any guarantee of profitability; All information on the page is based on estimates with no guarantee of return. That said, we are not responsible for any loss or damage.