Risk Disclosure Policy

Last updated: August 24, 2024

This Risk Disclosure Policy outlines the key risks associated with using, holding, trading, or otherwise interacting with the SNGLL token and related blockchain services provided by American Sub N Grill LLC ("We", "Us", or "Our"). By accessing or using our platform or engaging with SNGLL, You ("User", "You", "Your") acknowledge and accept the inherent risks involved.

1. General Disclaimer

Cryptocurrency and blockchain technologies involve significant risk and are not suitable for all individuals. The value of digital assets may fluctuate widely and can result in partial or total loss of capital. You should not invest or participate unless you fully understand the risks and have the financial capability to bear potential losses.

2. No Financial Advice

Nothing on our Website, platform, or communication channels constitutes legal, financial, investment, or tax advice. You are solely responsible for evaluating the risks and merits before making any decisions involving SNGLL or related services.

3. Token Volatility

The price and liquidity of SNGLL and other digital assets are highly volatile and subject to large fluctuations due to market forces, speculation, and external events. You may lose some or all of your investment. We do not guarantee any return on your use or acquisition of SNGLL.

4. Blockchain Risks

Transactions using SNGLL are recorded on a decentralized blockchain (e.g., Ethereum or other chains), which we do not control. Blockchain operations may be delayed, congested, or irreversibly altered due to network issues, forks, or protocol bugs. Once a transaction is confirmed, it is immutable and cannot be reversed. Ensure accuracy before initiating any transfers.

5. Smart Contract Risks

SNGLL and related platform features may rely on smart contracts. These are immutable and self-executing code deployed on a blockchain. Smart contracts may contain bugs or vulnerabilities that could result in unintended outcomes, including loss of tokens or protocol malfunctions. We make reasonable efforts to audit and secure our contracts, but we cannot guarantee complete safety.

6. Regulatory Uncertainty

The legal status of cryptocurrencies and tokens varies by jurisdiction and is subject to change. Regulatory developments may impact the availability, legality, or functionality of SNGLL or our services. You are solely responsible for understanding and complying with local laws and regulations applicable to your use of SNGLL.

7. Security Risks

You are responsible for securing your private keys, wallets, and devices used to access SNGLL. Loss of access credentials may result in permanent loss of tokens, and we cannot restore access or reverse transactions. Third-party tools (e.g., MetaMask, hardware wallets) are used at your own risk. We are not responsible for any loss or malfunction caused by these tools.

8. Third-Party Integrations

Our platform may include links or integrations with third-party services, such as DEXs, wallets, or data providers. We do not control these entities and are not liable for their performance, accuracy, or security.

9. Liquidity Risks

There may be limited or no liquidity for the SNGLL token at times. It may be difficult to buy or sell tokens at desired prices or quantities. We do not guarantee the availability of a secondary market.

10. Taxation Risks

Your use of SNGLL may have tax implications depending on your country of residence. You are solely responsible for understanding, reporting, and paying any applicable taxes resulting from your activity with SNGLL.

11. No Guarantee of Utility or Value

The SNGLL token is not a security or investment product. Its utility, function, or value may change or cease over time. We do not promise or guarantee any specific use case, future features, or market value.

12. Force Majeure

We are not liable for any failure or delay in performance due to circumstances beyond our control, including but not limited to acts of God, cyberattacks, changes in laws or regulations, or blockchain disruptions.

13. User Acknowledgment

By using our services or interacting with SNGLL, You acknowledge that You:

  • Understand the nature of blockchain-based assets and their associated risks.
  • Accept full responsibility for your decisions and interactions involving SNGLL.
  • Release American Sub N Grill LLC from any liability associated with the loss or damages arising from your participation.

14. Contact Us

If you have any questions regarding this Risk Policy, please contact us:

Email: compliance@subngrilltoken.com

Website: https://subngrilltoken.com/contact