Disclaimers and Limitations of Liability
To the fullest extent permissible by applicable law, Krown Technologies, the issuer of KROWN Coin, along with its subsidiaries, affiliates, licensors, and their respective employees, agents, and contractors, make no express warranties and disclaim all implied warranties. This includes, without limitation, warranties related to any crypto tokens, smart contracts, or related technologies, including implied warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, or reliability. Krown Technologies provides no warranties regarding third-party services, such as wallets or marketplaces, that you may use to access KROWN Coin. You acknowledge and accept the inherent security risks of providing information and dealing online over the internet.
Krown Technologies is not responsible or liable for any losses you may incur through your use of any blockchain network or digital wallet, including, but not limited to, losses arising from user error, forgotten passwords, incorrect transactions, server failure, data loss, corrupted wallet files, or unauthorized access by third parties (including but not limited to viruses, phishing, or brute force attacks). Crypto tokens like KROWN Coin are intangible digital assets that exist only by virtue of the ownership record maintained on the blockchain. All smart contracts are executed on decentralized blockchain technology, which is in early stages of development and considered experimental. Krown Technologies makes no guarantees or promises regarding the functionality of smart contracts and is not responsible for any losses related to the blockchain or associated digital wallets.
Neither Krown Technologies, nor its subsidiaries, affiliates, licensors, employees, agents, or contractors, will be liable for any indirect, incidental, special, consequential, or exemplary damages, including loss of profits, goodwill, business reputation, data, or costs of substitute goods or services, even if advised of the possibility of such damages. You agree that the total, aggregate liability of Krown Technologies for any claims related to KROWN Coin is limited to the amount you actually paid to Krown Technologies in the 12-month period preceding the claim. These disclaimers and limitations of liability represent a fair allocation of risk, forming an essential part of the agreement. Certain jurisdictions may not permit the exclusion or limitation of certain damages, so these limitations may not apply to personal injury claims.
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