Disclaimer

1. Purpose

This Disclaimer outlines the risks associated with using Simplytao Inc. Services within the Bittensor ecosystem. It should be read in conjunction with the Terms of Service and Privacy Policy. You are responsible for understanding these risks before engaging with the Services.

2. No Personal Advice

Simplytao Inc. does not provide investment, financial, tax, or legal advice. Any information provided about transactions, risks, or procedures is factual and not tailored to your personal circumstances. You are solely responsible for determining the suitability of any transaction or investment strategy based on your objectives, financial situation, and risk tolerance.

3. No Fiduciary Duty

Simplytao Inc. is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you. We do not monitor your use of the Services to ensure alignment with your financial goals or risk appetite.

4. Tax and Regulatory Compliance

4.1. The tax treatment of digital assets, including subnet tokens, is uncertain and varies by jurisdiction. You are responsible for determining and reporting any tax obligations arising from your use of the Services.

4.2. Simplytao Inc. may report transaction information to tax or regulatory authorities as required by applicable law, including Panama's Law No. 23 of 2015. We may also withhold taxes where required.

4.3. You may be required to provide additional tax-related information or documentation. Failure to comply may result in tax withholding or account restrictions.

4.4. Consult a qualified tax or legal professional regarding your obligations.

5. Market and Liquidity Risks

5.1. Market Risk: Subnet token trading is subject to high volatility, and prices may fluctuate significantly without warning. Past performance is not indicative of future results, and you may lose your entire investment.

5.2. Liquidity Risk: Subnet tokens may have limited liquidity, making it difficult or impossible to sell or exit positions at desired times.

6. Technological Risks

6.1. Subnet token transactions are subject to risks inherent to blockchain technology, including:

• Faults, hacks, exploits, or protocol failures in the Bittensor network or related technologies.
• Irreversible transactions, where losses due to fraud or errors may not be recoverable.
• Obsolescence due to technological advancements.
• Delays in transaction settlement.
• Attacks such as distributed denial of service, phishing, or consensus-based attacks.

6.2. Simplytao Inc. does not control the Bittensor blockchain and is not liable for its performance or security.

7. Security Risks

7.1. You are responsible for securing your account credentials, including passwords and private keys. Simplytao Inc. is not liable for losses due to unauthorized access or compromised credentials.

7.2. Blockchain transactions are irreversible, and losses from fraudulent or unauthorized transactions may not be recoverable.

8. Availability Risks

8.1. The Services may experience unplanned outages, network congestion, or maintenance periods, which may prevent you from trading, transferring, or accessing subnet tokens.

8.2. Simplytao Inc. does not guarantee continuous availability of the Services.

9. Third-Party Risks

9.1. The Services may involve third-party providers (e.g., custodians, payment processors). You may be subject to their terms and conditions, and Simplytao Inc. is not liable for their actions or failures.

9.2. Third-party services may introduce additional risks, including delays, errors, or security breaches.

10. Regulatory and Legal Risks

10.1. Changes in laws or regulations in Panama or other jurisdictions may adversely affect the use, transfer, or value of subnet tokens.

10.2. Simplytao Inc. may suspend or terminate Services in response to regulatory requirements or investigations.

11. Fees and Costs

Fees are outlined at https://simplytao.ai/fees and may be updated at our discretion. You are responsible for understanding how fees impact your returns.

12. Currency Fluctuations

Currency exchange rate fluctuations may affect the value of your subnet tokens or transaction outcomes.

13. Communication Risks

Electronic communications (e.g., email, platform notifications) may be delayed, insecure, or fail to reach their destination. Simplytao Inc. is not liable for communication failures.