Legal Disclosure Notice
AdValorem Market NFT Royalty Platform
This disclosure notice is intended to provide information to potential users of the AdValorem Market NFT Royalty Platform. The following information should be read carefully before using the platform or purchasing any tokens associated with it.
General Disclosures:
The AdValorem Market NFT Royalty Platform operates in the crypto/NFT space and is not currently regulated by any government or financial authority. The platform and the tokens associated with it are not considered securities, commodities, or any other type of financial instrument, and are not subject to the same laws and regulations as traditional financial products.
Unregulated Token: The tokens used on the Platform are unregulated, which means they are not subject to government oversight or regulation. This lack of regulation could result in increased volatility, decreased transparency, and increased risk of fraud.
Security Status: The Platform and its tokens may or may not be considered securities by the applicable regulatory authorities. Even if the Platform and its tokens are not considered securities, they may still be subject to regulations or restrictions. If the Platform and its tokens are considered securities, they may be subject to securities laws and regulations, which could result in significant restrictions on transfer and resale.
Value Retention: The Platform and its tokens may or may not retain value. The value of the tokens may fluctuate and there is no guarantee that the value of the tokens will increase. The tokens are not backed by any assets or guaranteed by any government or regulatory authority.
Decentralization: The Platform may or may not be properly decentralized to be considered a commodity. Decentralization is a key factor in determining the status of a token as a commodity or security. The Platform may change its decentralization status, which could result in a change in the regulatory treatment of the tokens.
Application Development: The Platform may or may not continue application development. Continued development of the Platform is important for its success, but there is no guarantee that development will continue. If development of the Platform stops, the tokens may become worthless.
Jurisdiction: The Platform may or may not be located in a crypto/nft friendly jurisdiction. If the Platform needs to be moved to a more favorable jurisdiction, there may be associated risks.
Buy at Your Own Risk: Investing in the Platform and its tokens is highly speculative and comes with many risks. You should carefully consider the risks before investing and only invest what you can afford to lose.
Project Survival: Most crypto/nft projects do not survive. The Platform is no exception and there is no guarantee that it will be successful.
Decentralization Goal: The goal of the Platform is to decentralize fully according to recent safe harbor guidelines, but that may not happen or it may happen and the regulatory framework will not be supportive. The Platform may face regulatory challenges that could result in significant restrictions on transfer and resale of the tokens.
Security or Commodity Status: The Platform and its tokens are not intended to be securities, but they might be considered securities anyway. The tokens are intended to be used only on AdValorem.io and should not be used for any other purpose.
Value Increase: You should not expect any value increase from the tokens. The value of the tokens may fluctuate and there is no guarantee that the value of the tokens will increase.
Risks Associated with Using an Unregulated Token:
Volatility: The value of the tokens associated with the AdValorem Market NFT Royalty Platform may be subject to significant fluctuations, and users may experience substantial losses if the value of their tokens decreases.
Lack of Liquidity: The market for the tokens associated with the AdValorem Market NFT Royalty Platform may be illiquid, meaning that it may be difficult to buy or sell the tokens in a timely and efficient manner.
Lack of Protections: Unlike traditional financial products, there are no protections in place to ensure that users' investments in the tokens associated with the AdValorem Market NFT Royalty Platform are safe.
Security Risks: The platform and the tokens associated with it may be subject to security risks, including hacking and other forms of theft.
Technology Risks: The technology underlying the AdValorem Market NFT Royalty Platform is still in its early stages of development, and there may be bugs or other issues that could negatively impact the platform's performance.
Regulatory Risks: The regulatory landscape for the crypto/NFT space is still evolving, and it is possible that new regulations could be introduced in the future that negatively impact the AdValorem Market NFT Royalty Platform or its users.
Risks Associated with the Tokens Being Considered a Security:
Regulatory Compliance: If the tokens associated with the AdValorem Market NFT Royalty Platform are considered a security, they may be subject to additional laws and regulations that could impact their tradeability and the overall functionality of the platform.
Restrictions on Trade: If the tokens associated with the AdValorem Market NFT Royalty Platform are considered a security, there may be restrictions on who can purchase or trade them, which could negatively impact their liquidity.
Risks Associated with the Tokens Not Retaining Value:
Value Fluctuations: The value of the tokens associated with the AdValorem Market NFT Royalty Platform may fluctuate rapidly and unpredictably.
Lack of Liquidity: There may not be a sufficient number of buyers and sellers of the tokens associated with the AdValorem Market NFT Royalty Platform, which could impact their liquidity and value.
Technical Risks: The technology behind the AdValorem Market NFT Royalty Platform and its associated tokens is complex and subject to ongoing development and upgrades. There is a risk that technical issues could arise that negatively impact the functionality of the platform or the value of its associated tokens.
Risks Associated with the Tokens Not Being Properly Decentralized:
Regulatory Risks: If the tokens associated with the AdValorem Market NFT Royalty Platform are not considered properly decentralized, they may be subject to additional regulations or restrictions, which could negatively impact their tradeability and overall functionality of the platform.
Lack of Liquidity: If the tokens associated with the AdValorem Market NFT Royalty Platform are not considered properly decentralized, there may be a lack of liquidity in the market for the tokens, which could negatively impact their value.
Technical Risks: If the decentralization of the AdValorem Market NFT Royalty Platform is not properly implemented, there may be technical issues that arise that negatively impact the functionality of the platform or the value of its associated tokens.
Risks Associated with the Tokens Being Properly Decentralized:
Volatility: The value of the tokens associated with the AdValorem Market NFT Royalty Platform may be subject to significant fluctuations, which could impact their value.
Lack of Central Authority: The decentralization of the AdValorem Market NFT Royalty Platform means that there is no central authority controlling or regulating the platform, which could impact its overall stability and security.
Risks Associated with Continued Application Development:
Technical Risks: The technology behind the AdValorem Market NFT Royalty Platform is complex and subject to ongoing development and upgrades. There is a risk that technical issues could arise during these developments that negatively impact the functionality of the platform or the value of its associated tokens.
Lack of Continued Development: If the development of the AdValorem Market NFT Royalty Platform is not continued, the platform may become outdated or obsolete, which could negatively impact its overall functionality and the value of its associated tokens.
Risks Associated with Discontinued Application Development:
Lack of Functionality: If development of the AdValorem Market NFT Royalty Platform is discontinued, its overall functionality may be negatively impacted, which could impact the tradeability and value of its associated tokens.
Security Risks: If development of the AdValorem Market NFT Royalty Platform is discontinued, the platform may become vulnerable to security risks that could impact the value of its associated tokens.
Risks Associated with Jurisdiction:
Regulatory Risks: The laws and regulations of the jurisdiction in which the AdValorem Market NFT Royalty Platform is located may impact its overall functionality and the value of its associated tokens. Changes in these laws and regulations could negatively impact the platform or the value of its associated tokens.
Relocation Risks: If the AdValorem Market NFT Royalty Platform is required to be relocated to a different jurisdiction, there may be associated risks, including but not limited to, loss of value, security risks, and increased costs associated with relocation.
Buy at Your Own Risk:
It is important to note that the value of tokens associated with the AdValorem Market NFT Royalty Platform may fluctuate and there can be no assurance that the value of such tokens will be maintained. Investing in tokens associated with the AdValorem Market NFT Royalty Platform carries a high degree of risk and you should carefully consider the risks before investing. Buying NFTs or VLR tokens on AdValorem Market is highly speculative and risky. You can lose all your money. Buy at your own risk.
AdValorem Market does NOT vet or qualify it’s users and redemption guarantees. While fraud will not be tolerated on our application after we are notified of it, users may still be caught buying NFTs from sellers who may not be genuine. It’s the buyers responsibility to understand what they are buying, from whom, for what purpose and under what circumstances can they redeem value from the NFT in the form of service or product from the creator. We are not responsible for any misleading staments, fraud or dishonesty purported by suspicious users. DYOR.
Risk of Project Failure:
It is important to note that a majority of crypto/NFT projects do not survive. This is due to a variety of reasons, including but not limited to, changes in market conditions, lack of adoption, and technical challenges. The AdValorem Market NFT Royalty Platform may be subject to these risks and there can be no assurance that it will be successful.
Risk of Decentralization:
The goal of the AdValorem Market NFT Royalty Platform is to decentralize according to recent safe harbor guidelines. However, there can be no assurance that this goal will be fully achieved, or if achieved, that the regulatory framework in place will be supportive. Decentralization is a complex process and may be subject to technical, regulatory, and market risks.
Intentional Classification as a Security:
The AdValorem Market NFT Royalty Platform and its associated tokens are not intended to be a security. However, there can be no assurance that it will not be considered a security under the laws and regulations of the jurisdiction in which it is located or any other jurisdiction. The classification of the platform and its tokens as a security may impact the overall functionality and value of the platform.
Intended Use:
The AdValorem Market NFT Royalty Platform and its associated tokens are intended to be used only on advalorem.io. Using the platform or tokens for any other purpose may result in unintended consequences, including but not limited to, decreased functionality and value.
Neither the NFTs nor the VLR tokens offered on the AdValorem Market NFT Royalty Platform are not intended to be securities, and we do not make any representations to that effect. However, it is possible that regulatory authorities may consider NFTs as securities in the future. This would be beyond our control and could impact the availability of the NFTs on the platform.
It is important to understand that the value of NFTs can be highly volatile and may not retain value. There is no guarantee that the NFTs will retain value or increase in value over time. Investing in NFTs is a highly speculative activity and carries a significant degree of risk.
AdValorem Market NFT Royalty Platform is intended to be fully decentralized and operate according to the recent safe harbor guidelines. However, there is no guarantee that the platform will be able to achieve full decentralization, or that regulatory authorities will be supportive of the platform if it does.
The AdValorem Market NFT Royalty Platform is not intended to generate passive income or provide staking opportunities. The royalty pool is not a staking fund and funds are not commingled.
It is important to note that the goal of AdValorem Market NFT Royalty Platform is to be used only on AdValorem.io, and it may not be used for any other purpose. Additionally, it is important to understand that most crypto/NFT projects do not survive and there is no guarantee that AdValorem Market NFT Royalty Platform will be successful.
By using the AdValorem Market NFT Royalty Platform or purchasing any tokens associated with it, you acknowledge and agree that you understand and accept these risks. You should carefully consider these risks before making any investment in the platform or its associated tokens.
This disclosure notice is not intended to be a comprehensive review of the AdValorem Market NFT Royalty Platform or the risks associated with using it, and should not be relied upon as investment, legal, tax, or any other type of advice. This legal disclosure notice is not exhaustive and does not cover all possible risks associated with investing in NFTs or using the AdValorem Market NFT Royalty Platform. By using the AdValorem Market NFT Royalty Platform, you acknowledge that you have read and understood this legal disclosure notice and agree to assume all risks associated with your investment. Users are encouraged to consult with their own professional advisors before making any investment in the platform or its associated tokens.