Disclaimer

Last Updated: March 1, 2025

1. General Disclaimer

The information provided on the Parlay Playground platform and associated services (collectively, the "Platform") is for general informational purposes only. All information on the Platform is provided in good faith; however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Platform.

UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE PLATFORM OR RELIANCE ON ANY INFORMATION PROVIDED ON THE PLATFORM. YOUR USE OF THE PLATFORM AND YOUR RELIANCE ON ANY INFORMATION ON THE PLATFORM IS SOLELY AT YOUR OWN RISK.

2. Not Financial Advice

The content provided on the Platform, including but not limited to text, graphics, images, videos, and information obtained from third-party sources, is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other type of advice. All content on the Platform is for informational and educational purposes only.

You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on the Platform without undertaking independent due diligence and consultation with a professional financial advisor. You acknowledge that:

  • Trading and investing in digital assets, including cryptocurrencies and tokens, involves substantial risk of loss and is not suitable for every investor;
  • The value of digital assets can be highly volatile, and you could lose part or all of your investment;
  • Past performance is not indicative of future results;
  • The technical and fundamental analysis presented on the Platform is for reference only and should not be used as the sole basis for your investment decisions.

3. No Offer of Securities

PPLAY tokens and other digital assets offered on the Platform are not intended to constitute securities in any jurisdiction. This Disclaimer does not constitute a prospectus or offering document, and is not an offer to sell, a solicitation to buy, or a recommendation for any digital asset or financial instrument, nor should any information presented on the Platform be construed as investment advice.

The PPLAY token is a utility token designed to be used solely within the Parlay Playground ecosystem. Ownership of PPLAY tokens confers no ownership or equity interest in Parlay Playground, no entitlement to dividends or other revenue from the operations of Parlay Playground, and no right to participate in the decision-making of Parlay Playground.

4. Forward-Looking Statements

The Platform may contain certain forward-looking statements, including but not limited to statements about future events, future financial performance, plans, strategies, and expectations. Forward-looking statements are generally identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "will," "would," "could," "should," "continue," and similar expressions.

These forward-looking statements are based on current expectations, estimates, projections, and assumptions, which involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to:

  • Changes in the regulatory landscape affecting blockchain technology, cryptocurrencies, and digital assets;
  • Technical limitations and innovations in blockchain technology;
  • Market conditions and competitive dynamics;
  • Cybersecurity risks and vulnerabilities;
  • Global economic and market conditions;
  • Changes in Parlay Playground's business strategies and development plans.

You should not place undue reliance on forward-looking statements as they speak only as of the date they are made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they were made.

5. Third-Party Links and Content

The Platform may contain links to third-party websites, services, or content that are not owned or controlled by Parlay Playground. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites or services. We do not warrant the offerings of any of these entities/individuals or their websites.

By using the Platform, you acknowledge and agree that Parlay Playground shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any third-party websites or services. We strongly advise you to read the terms and conditions and privacy policies of any third-party websites or services that you visit or interact with.

6. Technical and Operational Risks

The use of blockchain technology, smart contracts, and digital assets involves significant technical and operational risks. These risks include, but are not limited to:

  • Software Vulnerabilities: The Platform and its underlying smart contracts may contain bugs, errors, or vulnerabilities that could result in loss of funds or other negative consequences;
  • Network Failures: The blockchain networks on which the Platform operates may experience congestion, delays, halts, or other operational issues that could affect your transactions;
  • Wallet Compatibility: Issues with digital wallet compatibility may lead to inability to access your digital assets;
  • Private Key Security: Loss or theft of private keys could result in permanent loss of access to your digital assets;
  • Forks: Blockchain forks could result in duplicate or lost assets;
  • Oracle Failures: Data feed inaccuracies or failures could lead to incorrect contract executions;
  • Smart Contract Limitations: Smart contracts may not perform as intended due to technical limitations or unforeseen circumstances.

We do not warrant that the Platform will be uninterrupted, timely, secure, or error-free. You understand and acknowledge that you use the Platform at your own risk.

7. Regulatory Risks and Compliance

The regulatory landscape for blockchain technology, cryptocurrencies, and digital assets is evolving rapidly and varies significantly across different jurisdictions. Changes in laws, regulations, or policies in any relevant jurisdiction could adversely affect the use, transfer, exchange, or value of digital assets.

You are solely responsible for:

  • Determining whether the acquisition, holding, use, or disposal of PPLAY tokens or other digital assets is legal under the laws of your jurisdiction;
  • Complying with all applicable laws and regulations, including but not limited to tax laws, anti-money laundering regulations, and sanctions programs;
  • Obtaining any necessary governmental approvals, consents, licenses, or registrations in connection with your use of the Platform and digital assets.

We may restrict access to the Platform from certain jurisdictions due to regulatory requirements or other factors. It is your responsibility to ensure that you are legally entitled to access and use the Platform from your location.

8. Market and Volatility Risks

The markets for digital assets, including PPLAY tokens, are highly volatile and unpredictable. The value of digital assets can fluctuate significantly over short periods of time, and these fluctuations may be difficult or impossible to predict or anticipate.

Factors that may affect the value of digital assets include, but are not limited to:

  • Market sentiment and investor perceptions;
  • Changes in the regulatory environment;
  • Technological innovations and limitations;
  • Security breaches or other incidents affecting the broader blockchain ecosystem;
  • Macroeconomic factors and global events;
  • Changes in platform functionality or utility;
  • Activities of large holders or "whales" that may significantly impact market prices;
  • Liquidity constraints in the digital asset markets.

You should carefully consider these risks before engaging with the Platform or acquiring PPLAY tokens or any other digital assets.

9. Professional Advice

The information provided on the Platform is not a substitute for professional advice. You should consult with qualified professionals in relevant fields before making any financial, legal, technical, tax, or other decisions related to the Platform or digital assets.

Specifically, we recommend consulting with:

  • Financial advisors regarding investment decisions;
  • Legal counsel regarding compliance with applicable laws and regulations;
  • Tax professionals regarding tax implications of transactions involving digital assets;
  • Cybersecurity experts regarding security best practices for digital asset storage and management.

10. Limitations of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL PARLAY PLAYGROUND, ITS AFFILIATES, DIRECTORS, EMPLOYEES, AGENTS, PARTNERS, OR SUPPLIERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM:

  • YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE PLATFORM;
  • ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE PLATFORM;
  • ANY CONTENT OBTAINED FROM THE PLATFORM;
  • UNAUTHORIZED ACCESS, USE, OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT;
  • BUGS, ERRORS, OR INACCURACIES IN THE PLATFORM;
  • PERSONAL INJURY OR PROPERTY DAMAGE RESULTING FROM YOUR ACCESS TO AND USE OF THE PLATFORM;
  • ANY INTERRUPTION OR CESSATION OF TRANSMISSION TO OR FROM THE PLATFORM;
  • ANY VIRUSES, TROJAN HORSES, OR OTHER HARMFUL MATERIALS THAT MAY BE TRANSMITTED BY OR THROUGH THE PLATFORM.

11. Modification of Disclaimer

We reserve the right to modify this Disclaimer at any time, effective upon posting the updated version on the Platform. Your continued use of the Platform after any such changes constitutes your acceptance of the revised Disclaimer.

12. Contact Us

If you have any questions about this Disclaimer, please contact us through our website contact form.