AIREY Token Disclaimer

1. Introduction

This Token Disclaimer ("Disclaimer") applies to the AIREY token (ticker: AIREY) and any related tokens, non-fungible tokens (NFTs), or digital assets (collectively, "Tokens") issued, distributed, or made available by or in connection with the AIREY Protocol ("Protocol").

This Disclaimer is intended to provide important information regarding the risks, limitations, and legal considerations associated with the Tokens. By acquiring, holding, or using the Tokens, you acknowledge that you have read, understood, and agree to the terms of this Disclaimer.

2. Not an Offer of Securities

The Tokens are utility tokens designed to facilitate participation in the Protocol and are not intended to be investment products, securities, commodities, swaps on either securities or commodities, or financial instruments of any kind. This Disclaimer and any other documents published in association with it, including the Whitepaper, Technical Litepaper, or Terms and Conditions, do not constitute a prospectus or offering document and are not an offer to sell, nor the solicitation of an offer to buy any investment or financial instrument in any jurisdiction.

The Tokens should not be acquired for speculative or investment purposes with the expectation of making a profit or immediate resale. They do not represent or confer any ownership right, stake, share, security, or equivalent rights, intellectual property rights, or any other form of participation relating to the Protocol.

3. Regulatory Uncertainty

The regulatory status of tokens, digital assets, blockchain technology, and cryptocurrency exchanges is unclear or unsettled in many jurisdictions. Changes in laws, regulations, policies, or rules in any jurisdiction could adversely affect the Tokens, the Protocol, and the ability of users to access, acquire, hold, or use the Tokens.

The Protocol makes no representations regarding the legality of the Tokens or the Protocol in any jurisdiction. You are responsible for determining whether the acquisition, holding, use, or disposal of Tokens is legal in your jurisdiction.

4. No Representations or Warranties

The Protocol makes no representations or warranties, express or implied, including any warranties of title, non-infringement, merchantability, or fitness for a particular purpose with respect to the Tokens or the Protocol.

Without limiting the foregoing, the Protocol does not represent or warrant that:

• The Tokens or the Protocol will be uninterrupted, error-free, or meet your requirements or expectations
• The Tokens will retain their value or liquidity
• The Protocol will continue to operate, exist, or be supported
• Any particular features, functionalities, or characteristics of the Tokens will be implemented, maintained, or achieved

The Protocol is provided on an "as is" and "as available" basis. You expressly acknowledge and agree that your use of the Protocol and any tokens is at your sole risk.

5. Risks Related to the Tokens

5.1 Market and Liquidity Risks

The value of the Tokens may be influenced by factors beyond the Protocol's control, such as market dynamics, trading volume, regulatory changes, global economic conditions, and technological advancements. The Tokens may experience extreme price volatility or lack of liquidity, making it difficult to sell or transfer them at a desired price or at all.

5.2 Technical and Operational Risks

The Tokens rely on blockchain technology, smart contracts, and other emerging technologies that may be vulnerable to attacks, bugs, malfunctions, or unexpected operations. These technical issues could result in the loss of Tokens, inability to transfer Tokens, or other adverse effects.

5.3 Protocol Risks

The Protocol may undergo significant changes, experience security vulnerabilities, or cease to operate due to various factors, including technical challenges, regulatory actions, market conditions, or governance decisions. Such events could negatively impact the functionality, utility, or value of the Tokens.

5.4 Wallet and Private Key Risks

You are responsible for maintaining the security of your wallet and private keys. Loss of private keys, access to wallets, or exposure to phishing attacks could result in the permanent loss of Tokens. The Protocol cannot recover lost private keys or restore lost Tokens.

5.5 Smart Contract Risks

The smart contracts underlying the Tokens may contain bugs, vulnerabilities, or other issues that could lead to technical failures, security breaches, or loss of Tokens. While the Protocol endeavors to ensure the security of smart contracts, no assurance can be provided regarding their security or proper functioning.

5.6 Regulatory Risks

Future regulations or legal actions could adversely affect the Tokens, including by limiting or restricting their use, acquisition, or transfer. Regulatory changes could also impact the Protocol's ability to operate or maintain the Tokens as intended.

6. No Liability for Losses

To the maximum extent permitted by applicable law, the Protocol, its affiliates, and their respective officers, directors, employees, and agents shall not be liable for any damages or losses of any kind, including direct, indirect, special, incidental, consequential, or punitive damages, arising out of or in connection with the acquisition, holding, use, or disposal of the Tokens.

You expressly understand and agree that you are using the Protocol at your own risk. You are solely responsible for:

• Any losses, damages, or claims arising from your use of the Protocol or its tokens
• Securing your private keys, wallet, and credentials
• Verifying all transaction details before confirming any transaction
• Understanding the technical and financial risks of using DeFi protocols and tokens
• Conducting your own research and due diligence before acquiring or using the Tokens

NO REFUNDS: Due to the nature of blockchain technology, all transactions involving the Tokens are final and irreversible. The Protocol does not offer refunds for any transactions, fees, losses, or other costs incurred in connection with the Tokens.

7. Taxation

The tax treatment of the Tokens is uncertain, and you should consult with your tax advisors regarding the tax consequences of acquiring, holding, using, or disposing of the Tokens. The Protocol makes no representations concerning the tax implications of the Tokens.

You are solely responsible for determining what taxes, if any, apply to your Token-related transactions and for reporting and remitting the correct tax to the appropriate tax authority.

8. Forward-Looking Statements

Any statements, information, or projections in the Whitepaper, Technical Litepaper, website, or other materials that are forward-looking in nature may be subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those described.

Forward-looking statements often include words such as "anticipate," "expect," "intend," "plan," "believe," "project," "estimate," "may," "should," "will," "would," "goal," "target," and similar expressions. These statements are based on assumptions that may not prove accurate. You should not place undue reliance on any forward-looking statements.

9. Suitability and Sophistication

Acquiring, holding, or using the Tokens involves significant risks and may not be suitable for all individuals. You should carefully consider the risks, costs, and benefits of acquiring Tokens before proceeding.

By acquiring Tokens, you represent and warrant that you have sufficient understanding of blockchain technology, cryptographic tokens, digital assets, and other related technologies to evaluate the risks and merits of the Tokens and the Protocol.

You further represent and warrant that:

• You understand that the value of the Tokens may fluctuate significantly and could potentially become worthless
• You are not acquiring the Tokens for speculative purposes or with the expectation of profit based solely on the efforts of others
• You have sufficient financial resources to bear the risk of loss associated with the Tokens
• You understand that the Protocol's developers and team members cannot recover lost tokens, reverse transactions, or provide technical support for wallet-related issues

10. Updates to this Disclaimer

This Disclaimer may be updated from time to time. The most current version will be posted on the Protocol's website. By continuing to hold or use the Tokens after any modifications, you accept and agree to the updated Disclaimer.

11. Governing Law and Jurisdiction

This Disclaimer shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to its conflict of law provisions. Any dispute arising out of or in connection with this Disclaimer shall be resolved in accordance with the dispute resolution provisions set forth in the Terms and Conditions.

12. Severability

If any provision of this Disclaimer is found to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision of this Disclaimer or invalidate or render unenforceable such provision in any other jurisdiction.

13. Contact Information

If you have any questions regarding this Disclaimer, please contact us.