Risks
Purchasing JetBolt or any other cryptocurrency or token involves risks and may lead to the loss of your entire purchase. Below is a non-exhaustive list of some of the risk factors that we consider significant in relation to the JetBolt token’s purchase, trading, and/or use. These risk considerations should be considered alongside all other information in the whitepaper. Prospective buyers are recommended to consult with their professional advisers, including their financial, accounting, legal, tax, or technical advisers or experts, before purchasing or using JetBolt tokens or any part of the JetBolt platform.
No expectation of financial profit:
We do not represent that our products may constitute a valuable purchase or that their value may increase with time once the pre-sale ends. Please do not buy any of our products/services with any expectation of profit. When purchasing our products, you accept and confirm that you do not expect profit. The products you buy from us are not investment contracts, and we disclaim any claim associated with any speculation you or other users may engage in connection with these products.
Taxation:
You are solely responsible if any taxes apply to your crypto items and transactions. We are not responsible for determining the taxes that may apply to you. We are not responsible for paying the taxes that may apply to you.
Coins storage:
We do not store or send your crypto items. Any transfer of crypto items occurs within the supporting blockchain. Buyers are solely responsible for the storage and safety of their tokens.
JetBolt wallet
JetBolt provides an interface for a non-custodial crypto wallet. We have implemented rigorous security measures to safeguard the assets stored within our wallet. This includes employing state-of-the-art encryption techniques and conducting comprehensive third-party security audits to ensure the integrity and security of our wallet technology. However, users should be aware that JetBolt’s wallet technology involves fundamentally new and evolving technologies that may present inherent risks. While we strive to maintain the highest standards of security, no technology can guarantee complete protection against all potential security breaches or failures. By using the JetBolt wallet, users acknowledge and accept the risk that their assets may be exposed to potential security vulnerabilities despite our best efforts. Furthermore, users should be aware that the loss of assets can occur due to factors beyond the control of JetBolt’s security measures, including but not limited to, technical flaws, hacking attempts, and the potential exploitation of undiscovered vulnerabilities within the blockchain infrastructure. We encourage all users to exercise caution and responsibility when managing their digital assets. This includes staying informed about the latest security practices and considering the use of additional safety measures to protect their account and assets. JetBolt disclaims any responsibility for the loss of assets due to the use of our wallet and cannot be held liable for any such losses that result from unforeseen security breaches or technical failures. Users should consider their risk tolerance and the experimental nature of blockchain technology when deciding to store assets within the JetBolt wallet. Risk of not listing or low/no liquidity:
Exchanges may be subject to unclear governmental control, and the Company makes no representations or warranties about listing or exchange service providers. Users, including the buyer, may be subject to fraud and failure in connection with those exchanges. There is no guarantee that an active secondary market for JetBolt tokens will develop or continue to develop.
Risk of uninsured losses:
Unlike bank accounts or accounts with government-backed financial organizations, JetBolt tokens are not covered unless the buyer buys private insurance, particularly for that purpose. There is no public insurer for the loss of JetBolt tokens.
Risk of price fluctuation:
The value of the JetBolt Token can be volatile, which poses a challenge for even experienced cryptocurrency traders to model and predict its future market behavior. Additionally, the value of native cryptocurrencies associated with the networks where JetBolt token is used can also fluctuate, directly or indirectly affecting the token's value in the market. It is essential for the buyer to fully understand the risks associated with the fluctuation of cryptocurrency prices and that external market forces usually drive these significant price changes beyond the control of the Company. The buyer should acknowledge that the value of their JetBoltToken may decrease and/or increase, and they may potentially lose some or all of the amount spent. In particular, several factors may affect the prices of crypto items, including (but not limited to) buyers’ interest, market fluctuation, technological changes, and the regulatory environment.
Only purchase what you can afford to lose.
Internet risks:
There are risks associated with using an Internet-based currency, including but not limited to the risk of hardware, software, and Internet connections, malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your wallet. You accept and acknowledge that we will not be responsible for any communication failures, disruptions, errors, distortions, or delays that you may experience when using our services or products, however caused, when utilizing
Regulatory risks:
The regulatory regime governing tokens and cryptocurrencies is uncertain, and new regulations or policies may adversely affect our services and products.
Technological risks:
Other risks are associated with purchasing crypto items, including but not limited to purchasing mislabelled assets, assets vulnerable to metadata decay, assets on smart contracts with bugs, and assets that may become non-transferable. Assets that you are buying may become inaccessible on our website. The SKALE network, on which JetBolt is deployed, may be temporarily or permanently unavailable.
Fraud risks:
You are also aware of fraud risks when buying crypto items, and you need to exercise great caution when accessing our links and websites. In particular, we are not responsible for any losses you may suffer resulting from your responding to third parties impersonating us or our websites or parties offering copies of our products/services. In particular, we are not responsible for any third party contacting you directly and for any losses you may suffer from answering such solicitation. We are also not responsible if you mistakenly buy from a website or a party that fraudulently impersonates us, our websites, or our services.
Loss of wallet private keys:
The risk of losing access to JetBolt Tokens due to the loss of private key(s), a custodial error, or a participation error is as follows.
A wallet is required to acquire, store, and dispose of JetJetBolt has implemented rigorous security measures to safeguard the assets stored within our wallet. This includes employing state-of-the-art encryption techniques and conducting comprehensive third-party security audits to ensure the integrity and security of our wallet technology.
JetBolt provides you with a non-custodial token wallet, which you operate from your telephone or computer. The seedphrase and credentials are stored on your device and are your sole responsibility.
The buyer acknowledges that he takes acceptable security measures to protect the wallet and wallet credentials. As a result, if the requisite private key(s) associated with the wallet holding JetBolt tokens are lost or compromised, the JetBolt tokens and any other cryptocurrencies and/or tokens held in that wallet will also be lost. Additionally, any third party that has access to such private key(s), including through the buyer’s wallet’s login credentials, may be able to misappropriate the buyer’s JetBolt Tokens. Any errors or malfunctions caused by or relating to the wallet used by the buyer to receive and hold JetBolt tokens, including the buyer's failure to properly maintain or use such a wallet or caused by the buyer’s choice of third-party provider for the wallet, may also result in the loss of JetBolt tokens.
Once JetBolt becomes tradable, you may transfer your tokens to another wallet if you prefer.
Note that we may, at our entire discretion, or if requested by the legal authorities, burn any of your JetBolt tokens if we believe that you have acquired control over them illegitimately.
Staking:
Staking, based on proof of attendance, is provided on our website. Please note that you remain in full control of your tokens when staking. Please also note that we do not guarantee the performance or continuity of staking.
Other risks:
Under no circumstances shall the inability to view or access your assets serve as grounds for a claim against us. Please note that we reserve the right to amend our offers, as described on this website, on our Discord server, on our Telegram channel, on our X (formerly Twitter) account, in our Whitepaper, and/or in other places where we may advertise our products. The buyer acknowledges and accepts the inherent risks connected with JetBolt tokens, including, but not limited to, risks associated with money laundering, fraud, exploitation for criminal purposes, and any other unanticipated dangers.
If any risks described in the terms are unacceptable to the buyer or if the buyer cannot comprehend them, the buyer should refrain from acquiring, holding, or using JetBolt Tokens or any part of the JetBolt platform.
By buying tokens in the JetBolt presale, you are agreeing to these terms and conditions and agree to waive your rights to pursue any recourse, claim, action, judgment, or remedy against JetBolt, JetBolt’s parent company, agents, employees, contractors, interns, and parent company shareholders and directors for any damage suffered, including total loss of the money you spent purchasing JetBolt tokens.
Furthermore, we strongly urge you not to buy any JetBolt Coin if you have any doubts or uncertainties about the content of the JetBolt whitepaper or JetBolt website or if you are not prepared to accept the risk of losing the money you spend on JetBolt Tokens. It is crucial to assess your purchasing decisions carefully and seek professional advice before buying tokens in the JetBolt presale.
Last updated