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Risk Disclosure

RISK DISCLOSURE REGARDING DRACARDS SERVICES

Effective: november 22, 2021

Dracards provides the following disclosure to all users for additional information about aspects and risks associated to procedure of the services offered by us.

TERMS AND SERVICE LIMITATIONS

Use of Blockchain techonlogy:

  1. Dracards utilizes experimental crypto technology and blockchain technology, including tokens, crypto coins, “intelligent contracts”, consensus algorythm, network and systems distributed and descentralized point-to-point in purchase execution. Each user recognizes and agrees that those mentioned techologies are recent and experimental, and so there’s significant uncertainty linked to its operation, effects and risks and also legal implications.
  2. The techonology utilized for purchase delivery depends on same-level public networks that are not under Dracards’ control or influence and are prone to risks and uncertainty. These Technologies include Cardano blockchain “mainnet”, whose capacity to be modified by Dracards is limited or even null. Users are have the sole responsibility to guarding their private key linked to the blockchain address used to partake in purchases. In the chance of a user being blocked out of using their cards because of theft or loss of their private, their rights to previously owned Dracards’ products are not available.
  3. Prices and values referred to by Fiat on public assets market like ADA have been historically subjected to dramatic fluctuations and are extremely volatile. Like any relatively recente products and thechnologies, blockchain based assets are not widely accepted as form of payment for goods and services. A good part of demand for these assets is generated by speculation and investors looking for asset ownership short and long term. Any user recognizes and agrees that cost and transaction speed with crypto systems based on blockchain, such as Cardano, are variable and can vary substancially on value at any given time.
  4. DRACARDS IS NOT RESPONSIBLE FOR YOUR PROPERTY, ANY LOSS AND DOES NOT TAKE RESPONSIBILITY FOR YOU OR ANY USE OF CRYPTO ASSETS, INCLUDING, BUT NOT LIMITED TO, LOSS, DAMAGE OR COMPLAINTS ABOUT (A) HUMAN ERROR, LIKE FORGOTTEN PASSWORDS, INCORRECT TRANSACTIONS AND WRONG ADDRESSES; (B) SERVER FAIL OR LOSSES AND DAMAGE; (C) UNAUTHORIZED ACCESS TO APPS; (D) ANY UNAUTHORIZED THIRD PARTY ACTIVITY, INCLUDING, BUT NOT LIMITED TO, VIRUS, PHISHING, BRUTEFORCING OR ANY OTHER METHODS OF ATTACK AGAINST CRYPTO ASSETS.