Disclaimer
Disclaimer
LEGAL DISCLAIMER
Please read this entire “Legal Disclaimer” carefully. Nothing contained herein constitutes legal, financial, business, or tax advice. You are advised to consult your own professional advisors (legal, financial, tax, or otherwise) before taking part in any activities related to DegenCast or the $CAST digital token. Neither the DegenCast Research Team (the “Team”), its partners, any member of the DegenCast Team, nor any distributor, vendor of $CAST, or service provider shall be liable for any direct or indirect damages or losses you may incur in connection with viewing this Whitepaper, visiting the website at https://DegenCast.ai (the “Website”), or any other materials published by the Team.
Project Purpose
DegenCast is a fully autonomous artificial intelligence system designed to post, interact on social media, and engage with users independently. It also issues a digital token called “$CAST,” developed on the Base blockchain and bridged to Solana. By interacting with the DegenCast system, the $CAST token, or any NFTs issued or endorsed by DegenCast, you agree to the terms outlined in this disclaimer.
Nature of the Whitepaper
This Whitepaper and the Website are for general informational purposes only. They are not a prospectus, investment solicitation, or offer to sell any product, securities, or other assets—digital or otherwise. The information provided is not exhaustive and does not establish any contractual relationship. Accuracy and completeness are not guaranteed, and no representation, warranty, or undertaking is made in that regard. Any information derived from external sources has not been independently verified by the Team, a distributor, their affiliates, or the DegenCast Team. You acknowledge that circumstances may change and that this Whitepaper or the Website may become outdated. Neither the Team nor a distributor is obligated to update or correct these materials.
Token Documentation
Nothing in this Whitepaper or on the Website constitutes an offer by the Team, any distributor, or the DegenCast Team to sell $CAST. Nothing here should form the basis of or be relied upon in any contract or investment decision. Additionally, no statement in this Whitepaper or on the Website should be considered a promise or guarantee of future performance by the Team or the DegenCast Team. Any agreement regarding the distribution or transfer of $CAST between you and a distributor (or a third party) is governed solely by the terms and conditions of such agreement.
The information presented is for community discussion only and is not legally binding. No one is required to enter a contractual relationship to acquire $CAST, and no digital asset or other form of payment should be accepted on the basis of this Whitepaper or the Website.
Deemed Representations and Warranties
By accessing the Whitepaper or the Website, you are deemed to represent and warrant the following to the Team, any distributor, their respective affiliates, and the DegenCast Team:
Investment Decision: In any decision to acquire $CAST, you will not rely on any statement made in the Whitepaper or the Website.
Regulatory Compliance: You will, at your own expense, comply with all laws, regulations, and restrictions applicable to you.
No Guaranteed Value: You acknowledge that $CAST may hold no inherent value, nor is there any guarantee or representation of value or liquidity. It is not intended to be an investment product, nor is it meant for speculative trading.
No Liability: None of the Team, the distributor, their affiliates, or DegenCast Team members are liable for the value, transferability, liquidity, or potential trading market for $CAST.
Eligibility: You understand that you may be ineligible to participate in the distribution of $CAST if you are a citizen, national, resident, domiciliary, or green card holder of a geographic area or country where such token distributions are considered the sale of a security or otherwise prohibited by law (including, without limitation, the United States, Canada, and the People’s Republic of China). You agree to provide necessary identity verification documents when requested for compliance checks.
Neither the Team, a distributor, nor the DegenCast Team makes or implies any representations, warranties, or undertakings to any party (including, without limitation, warranties regarding the accuracy, completeness, or timeliness of the Whitepaper, the Website, or other materials). To the fullest extent permitted by law, the Team, a distributor, their affiliates, and service providers disclaim liability for any indirect, special, incidental, consequential, or similar damages—whether arising in contract, tort, or otherwise. Potential acquirers of $CAST should carefully evaluate all related risks, including financial and legal uncertainties, before proceeding.
$CAST
No Tangible Form: $CAST has no physical existence and no intrinsic value. No representation or commitment is made regarding its value.
Non-Refundable: $CAST is non-refundable and cannot be exchanged for cash (or its equivalent) or any payment obligation by the Team, a distributor, or their affiliates.
No Ownership Rights: Holding $CAST does not grant any rights—whether to the Team, a distributor, their affiliates, or their assets. This includes no entitlement to dividends, revenue, shares, ownership, voting rights, or any other financial or legal privileges.
No Security or Contract for Differences: $CAST is not a contract for differences or any form of security.
Not an Investment: $CAST is not meant to represent money, securities, commodities, bonds, debt instruments, or units in a collective investment scheme.
No Loan Obligation: $CAST does not represent a loan or debt owed by the Team, a distributor, or their affiliates. No profit expectation should be associated with it.
No Ownership Interest: Holding $CAST does not provide ownership or other interests in the Team, a distributor, or their affiliates.
Informational Purposes Only
All information provided is strictly conceptual, reflecting the future goals and development milestones of $CAST and the Team. Any roadmap or plan is offered for reference only and does not represent a binding commitment. Do not use it as a basis for deciding whether to acquire $CAST. All features, products, or functionalities remain at the discretion of the Team, a distributor, or their affiliates, and are subject to change. The Whitepaper or the Website may be updated or replaced periodically with no obligation to provide additional information beyond what is included here.
Regulatory Approval
No regulatory body has reviewed or approved any information in the Whitepaper or on the Website, whether formally or informally. The publication or distribution of these materials does not imply compliance with any legal or regulatory standards.
Forward-Looking Statements
All statements in these materials, on social media, in public domains, or made verbally by the Team, a distributor, and/or the $CAST team may be forward-looking. Such statements often involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ significantly. No independent third party has confirmed the viability of any forward-looking statements or assumptions unless explicitly stated by the Team or the $CAST Team. These statements are valid only as of the date indicated, and neither the Team, a distributor, nor the $CAST team are obligated to update any forward-looking statements to reflect subsequent events.
RISK WARNING
$CAST is in an early stage of development, and unforeseen risks are possible. By acquiring, holding, or using $CAST, you accept and assume the following risks:
Regulatory Uncertainty: The legal and regulatory status of $CAST and blockchain technology remains uncertain in many jurisdictions. Regulatory developments may negatively impact $CAST.
Inadequate Disclosure: Because $CAST is under active development, details like design concepts, consensus mechanisms, and technical specifications may change. This Whitepaper may not reflect every update.
Potential Failure to Develop: The $CAST Project’s planned roadmap may not be carried out as envisioned, due to market conditions, technical issues, funding shortages, or other factors.
Security Vulnerabilities: $CAST may be exposed to risks such as hacking, malware, denial of service, or exploitation of code vulnerabilities, which could impact $CAST’s performance or value.
Other Unforeseen Risks: Additional risks, not exhaustively listed here, may arise. Such scenarios may materialize unexpectedly, and you should conduct thorough due diligence on the Team, distributor, their affiliates, and the DegenCast Team before acquiring $CAST.
By participating in the Project or acquiring $CAST, you acknowledge that you have fully reviewed and accept all potential risks.
Last updated
Was this helpful?