Terms & Conditions

Legal Disclaimer

 

Nothing herein constitutes legal, financial, business, or tax advice, and you are strongly advised to consult your own legal, financial, tax, and/or other professional advisors before you engage in any activity in connection herewith. Neither YEET LTD. (“the Company”), nor any of the project’s early contributors (“the YEET Early Contributors”) who have worked on the YEET ecosystem, nor any distributor and/or vendor of YEET tokens (or such other renamed or successor ticker code or name of such tokens) (“the Distributor”), nor any service provider, shall be liable for any kind of direct or indirect damage or loss whatsoever which you may suffer in connection with accessing the paper, deck, or material relating to YEET (the “Token Documentation”) available on the website (the “Website”, including any sub-domains associated therewith), or any other website or materials published or communicated by the Company or its representatives from time to time.

Project Purpose: 

You acknowledge and agree that you are acquiring YEET tokens primarily to participate in the YEET ecosystem and to utilize services offered within that ecosystem. The Company, the Distributor, and their respective affiliates are committed to developing and contributing to the underlying source code for the YEET ecosystem. It is important to note that the Company is acting solely as an independent third party in relation to the distribution of YEET tokens and not in the capacity of a financial advisor or fiduciary for any party in connection with the distribution of YEET.

Token Utility: 

The native, cryptographically-secure, fungible tokens of the YEET ecosystem (ticker symbol: YEET) serve as a transferable representation of attributed functions specified in the ecosystem’s protocol/code. These tokens are designed to function solely as interoperable utility tokens within the ecosystem. It is important to understand that these tokens possess no intrinsic value. Furthermore, the team, community, or any associated parties do not guarantee or promise any developments for YEET beyond its role as a meme coin within the ecosystem.

Token Limitations: 

YEET tokens do not represent any form of shareholding, participation, right, title, or interest in the YEET Meme Token project, the Distributor, their respective affiliates, or any other company, enterprise, or undertaking. Ownership of YEET tokens does not entitle holders to any form of fees, dividends, revenue, profits, or investment returns. Furthermore, YEET tokens are not intended to constitute securities in the United States, Canada, Singapore, or any relevant jurisdiction.

The sole utility of YEET tokens is within the YEET ecosystem. Ownership conveys no rights, whether express or implied, beyond the ability to use YEET tokens as a means to enable usage of and interaction within the YEET ecosystem. The pricing of YEET tokens in any secondary market is not influenced by the efforts of the YEET early contributors, nor is there any functionality or scheme within the token designed to control or manipulate such secondary market pricing.

YEET tokens are intended for use solely within the YEET ecosystem and are not recognized as a payment method or medium of exchange by the general public (or any segment thereof) for goods or services outside of the YEET ecosystem, nor for the discharge of any debt. The tokens are not designed or intended to be used in exchange for any goods or services not exclusively provided by the issuer.

It is important for potential participants to understand that YEET tokens do not offer any economic incentives for users to contribute to or participate in the YEET ecosystem. The ecosystem does not distribute rewards or incentives to encourage user efforts towards contribution and participation. Contributors to the YEET ecosystem engage solely based on their belief in the project and its potential value. It is expressly understood that contributors do not expect any form of return, compensation, or reward for their contributions.

Nature of the Token Documentation: 

The Token Documentation, commonly referred to as the “Litepaper,” is a conceptual document that outlines key design principles and ideas behind the creation of the digital token known as YEET. The purpose of both the Token Documentation and the associated website is to provide general information only. These resources do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, or an offer to sell any product, item, or asset (digital or otherwise). Furthermore, they should not be construed as an invitation or proposal to engage in any form of business with any external individual or entity.

 

The information presented in the Token Documentation and on the website may not cover all relevant aspects and should not be considered as forming any part of a legally binding or contractual relationship. No guarantee is made regarding the accuracy or completeness of the information provided, and no representations, warranties, or undertakings are given concerning the preciseness or fullness of such information.

 

It is important to note that some information included in the Token Documentation or on the website may be derived from third-party sources. Neither the Company, the Distributor, their respective affiliates, nor the YEET early contributors have independently verified the accuracy or completeness of information from such third-party sources.

Additionally, you should be aware that the project development roadmap and network functionality are subject to change. As a result, the Token Documentation and website content may become outdated. Neither the Company nor the Distributor is obligated to update, revise, or correct the Token Documentation in response to such changes.

Validity of Token Documentation and Website:

The content presented in the Token Documentation and on the website does not constitute an offer by the Company, the Distributor, or the YEET early contributors to sell YEET tokens, nor should it or any part of it, or the fact of its presentation, be considered as forming the basis of, or as being relied upon in connection with, any contract or investment decision.

Information contained within the Token Documentation and on the website should not be interpreted as a promise, representation, or undertaking regarding the future performance of the YEET ecosystem. It is important to understand that any agreement to distribute or transfer YEET tokens between the Distributor (or any third party) and you will be governed exclusively by the separate terms and conditions of such agreement.

Risks:

The YEET ecosystem is in its initial stages of development, subjecting it to a wide array of unforeseen and unpredictable risks. By engaging with the ecosystem—whether by acquiring, holding, or using YEET tokens for participation—you acknowledge and agree to the inherent risks involved. In the most adverse scenarios, these risks could lead to the complete loss of YEET tokens held.

Should you decide to acquire YEET tokens or participate in the ecosystem, you do so with the full understanding and acceptance of these risks. It is crucial that you carefully consider and personally assess each of the following risks before making any decisions related to the YEET ecosystem:

Deemed Representations and Warranties

By accessing the Token Documentation or the website (or any part thereof) related to YEET Token, you are deemed to represent and warrant to the Company, the Distributors, their respective affiliates, and the YEET early contributors as follows:

(A) In any decision to acquire YEET tokens, you confirm that you have not relied on, nor will you rely on, any statement, representation, warranty, or understanding other than those expressly stated in this document or on the official YEET website.

(B) You will, at your own expense, ensure compliance with all laws, regulatory requirements, and restrictions applicable to you, in any jurisdiction in which you might choose to acquire, hold, transfer, or use YEET tokens.

(C) You acknowledge, understand, and agree that YEET tokens may have no value, there is no guarantee or representation of value or liquidity for YEET tokens, and they are not to be considered as an investment product nor intended for any speculative investment whatsoever.

(D) None of the Company, the Distributor, their respective affiliates, and/or the YEET early contributors shall be held responsible or liable for the value of YEET tokens, their transferability and/or liquidity, or for the availability of any market for YEET tokens through third parties or otherwise.

(E) You acknowledge, understand, and agree that you are not eligible to participate in the distribution of YEET tokens if you are a citizen, national, resident (tax or otherwise), domiciliary, or green card holder of a geographic area or country where:

  • (I) the distribution of YEET tokens could be construed as the sale of a security (however named), financial service, or investment product, or
  • (II) participation in the token distribution is prohibited by applicable law, decree, regulation, treaty, or administrative act, including but not limited to the United States of America, Canada, and the People’s Republic of China.

To this effect, you agree to provide all such identity verification documents as may be required for the relevant checks to be conducted.

Disclaimer of Representations and Warranties:

The Company, the Distributor, and the YEET early contributors expressly disclaim all representations, warranties, or undertakings to any entity or person, including without limitation any warranties as to the accuracy, completeness, timeliness, or reliability of the contents of the Token Documentation, the YEET website, or any other materials published by either the Company or the Distributor.

To the maximum extent permitted by applicable law, the Company, the Distributor, their respective affiliates, and service providers shall not be liable for any indirect, special, incidental, consequential, or other losses of any kind, whether in tort, contract, or otherwise. This includes, without limitation, any liability arising from default or negligence on the part of any of them, loss of revenue, income, profits, or loss of user data, arising from or related to the use of the Token Documentation, the YEET website, or any errors, omissions, or inaccuracies contained therein, or otherwise related to the same.

Prospective acquirers of YEET tokens are urged to carefully consider and evaluate all risks and uncertainties associated with YEET, the Company, the Distributor, and the YEET early contributors, including all financial and legal risks and uncertainties.

YEET Token Characteristics and Limitations

YEET tokens are digital assets created with the primary purpose of utilization within the YEET ecosystem. It is essential for all participants to understand the nature and limitations of YEET tokens as outlined below:

 

(A) YEET tokens are digital entities without any tangible or physical manifestation. They do not possess any intrinsic value, and no representations or commitments regarding their value are made by any party.

 

(B) YEET tokens are non-refundable and cannot be exchanged for cash or any other form of monetary value. They do not constitute a payment obligation by the Company, the Distributor, or any of their respective affiliates.

 

(C) Ownership of YEET tokens does not confer upon the holder any rights associated with the Company, the Distributor, or their affiliates. This includes, but is not limited to, rights to future dividends, shares, ownership stakes, voting rights, distribution, redemption, liquidation rights, proprietary rights (including intellectual property), or any form of participation in the financial or legal affairs of the YEET ecosystem, the Company, or the Distributor.

 

(D) YEET tokens are not designed to represent any rights under contracts for differences or any other contracts aimed at securing profit or avoiding loss.

 

(E) YEET tokens should not be considered as money (including electronic money), a security, commodity, bond, debt instrument, unit in a collective investment scheme, or any form of financial instrument.

 

(F) Acquiring YEET tokens does not constitute a loan to the Company, the Distributor, or any of their affiliates, nor does it represent a debt obligation. There is no expectation of profit derived from the efforts of others.

 

(G) YEET tokens do not grant the holder any form of ownership or stake in the Company, the Distributor, or any of their affiliates.

Notwithstanding the distribution of YEET tokens, it is important to clarify that users or token holders shall not acquire any economic or legal rights over, or a beneficial interest in, the assets of the Company, the Distributor, or any of their affiliates as a result of obtaining YEET tokens. The distribution of YEET tokens does not grant participants any claim to the profits, assets, equity, or any form of financial or legal interest in these entities or their operations.

 

Secondary Market and Exchange Disclaimer:

In the event that a secondary market or exchange platform for trading YEET tokens is established, it must be understood that such a platform would operate entirely independently of the Company, the Distributor, and the YEET ecosystem. The Company and the Distributor expressly disclaim any intention to create, endorse, or maintain any such secondary markets or to function as an exchange platform for YEET tokens. The existence and operation of any secondary market would be the sole responsibility of third-party entities, separate from the Company and the Distributor.

 

Informational Purposes Only:

The content provided in this document, including the description of the YEET ecosystem’s future development goals and the project roadmap, is intended solely for informational purposes. This information is designed to convey the intentions and plans of the YEET early contributors and does not constitute a binding commitment. Prospective participants are cautioned not to base their decision to engage in the token distribution on this information alone, as the development, release, and timing of any features or functionalities of the YEET ecosystem are subject to the sole discretion of the Company, the Distributor, and their respective affiliates, and may undergo

 

changes.

Furthermore, the token documentation and the content presented on the YEET website are subject to amendment or replacement at any time without notice. The Company and the Distributor are under no obligation to update the documentation, the website, or to provide recipients with further access to any underlying or additional information.

Contact us

In order to resolve a complaint regarding the platform or to receive further information regarding use of the platform, please contact us at: [email protected].