Token Disclaimer
This Token Disclaimer Policy applies to the $CREDIT token and is intended to clearly describe its purpose, limitations, and associated risks. By acquiring, holding, or using $CREDIT, you acknowledge and agree to the terms set forth below.
Utility Purpose Only
The $CREDIT token is a utility token designed solely to enable access, coordination, and participation within the Localcredit network.
$CREDIT is used to:
pay for access to Localcredit Scores and oracle services
participate in protocol coordination
align incentives for contributors and users within the network
While $CREDIT might be used to reward users it does not represent equity, ownership, profit rights, revenue share, dividends, or any claim on assets or future cash flows of Localcredit or any affiliated entity.
No Expectation of Profit
$CREDIT is not intended to be purchased or held for speculative or investment purposes.
There is no promise, guarantee, or expectation that:
the value of $CREDIT will increase
a secondary market will exist or remain liquid
$CREDIT will appreciate in price
holding $CREDIT will result in financial gain
Any references to potential future utility, adoption, or ecosystem growth are forward-looking and speculative. Token value may fluctuate significantly or decline to zero.
No “Moon” or Price-Based Representations
Localcredit does not promote, endorse, or encourage price speculation, “moon” narratives, or investment-driven purchasing of $CREDIT.
No statements made by Localcredit, its contributors, community members, or third parties should be interpreted as:
price predictions
investment advice
promises of returns
assurances of market performance
Any such interpretations are made solely at the purchaser’s own risk.
Network Adoption Is Not Guaranteed
The usefulness of $CREDIT depends on the adoption of the Localcredit protocol by users, developers, and applications.
Localcredit makes no representations or warranties that:
applications will integrate the protocol
usage will increase over time
the network will achieve critical mass
the protocol will remain competitive or relevant
Failure of adoption may materially impact the utility and value of $CREDIT.
Regulatory Uncertainty
The regulatory treatment of digital tokens varies by jurisdiction and may change over time. $CREDIT may be subject to regulatory actions, restrictions, or classifications that impact its use, transferability, or value. Localcredit does not guarantee that $CREDIT will be treated favorably or consistently across jurisdictions. Users are solely responsible for understanding and complying with applicable laws.
No Responsibility for Secondary Markets
Localcredit does not guarantee any secondary market, exchange listing, or liquidity venue for $CREDIT. Trading of $CREDIT on secondary markets is conducted independently of Localcredit and at the user’s own risk. Price volatility, illiquidity, and market manipulation are possible.
Acknowledgment of Risk
By acquiring or using $CREDIT, you acknowledge that:
you may lose all or part of your funds
the token may have limited or no utility
the protocol may change, fork, or be discontinued
smart contract or technical failures may occur
You should not acquire $CREDIT unless you can afford to lose the entire amount.
No Fiduciary Relationship
Holding or using $CREDIT does not create any fiduciary, advisory, partnership, or agency relationship between you and Localcredit. Localcredit owes no duty to maximize token value or market price.
Acceptance
By participating in the $CREDIT token generation event (TGE), acquiring $CREDIT, or using it within the Localcredit network, you acknowledge that you have read, understood, and accepted this Token Disclaimer Policy.
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