Disclaimer
Version v1.0 — Effective from 2026-06-06
⚠ READ CAREFULLY BEFORE USING SERPENCOIN.
By accessing or using the Platform, you acknowledge and accept all risks and limitations described in this Disclaimer.
1. Entertainment Purpose Only
SerpenCoin is a free-to-play entertainment game. It is designed for recreational purposes. Any monetary contributions made by users are entirely voluntary and serve to:
- Accelerate in-game progression
- Acquire premium in-game items (rigs, miners)
- Support the project's continued development
The Platform is not an investment vehicle, financial product, or trading platform.
2. SC Has No Real-World Value Guarantee
SerpenCoin (SC) is a virtual in-game currency. While it is pegged to $1 USD for accounting purposes within the game, this peg is not legally binding or guaranteed. The Platform reserves the right to:
- Modify SC valuation at any time
- Adjust conversion rates or limits
- Suspend or terminate the SC system entirely
SC cannot be sold, transferred between users, or exchanged outside the Platform. SC is not a security, commodity, or recognized cryptocurrency.
3. No Financial Advice
Nothing on this Platform constitutes:
- Investment advice
- Financial planning recommendations
- Tax advice
- Legal counsel
- Solicitation to buy, sell, or hold any asset
We are not registered as financial advisors, brokers, dealers, or any regulated financial entity in any jurisdiction. Before making any financial decision related to cryptocurrencies, consult a licensed professional in your jurisdiction.
4. Cryptocurrency Risks
Cryptocurrencies, including Solana (SOL), involve significant risks. By using the Platform, you acknowledge:
- Volatility: Cryptocurrency prices can fluctuate dramatically. The value of your contribution may decrease significantly in a short period.
- Irreversibility: Blockchain transactions cannot be reversed. Sending to the wrong address or wrong network results in permanent loss.
- Regulatory uncertainty: Cryptocurrency regulations vary by jurisdiction and may change. You are responsible for compliance in your location.
- Technical risks: Bugs, exploits, network attacks, or platform failures may result in fund loss.
- Total loss possible: You may lose 100% of any amount contributed. Never contribute more than you can afford to lose.
5. Platform Availability
The Platform is provided "AS IS" and "AS AVAILABLE". We do not guarantee:
- Uninterrupted availability or accessibility
- Absence of bugs, errors, or vulnerabilities
- Compatibility with all devices, browsers, or networks
- Data preservation in the event of catastrophic failure
- Continued operation indefinitely
We may temporarily or permanently suspend the Platform at any time for maintenance, upgrades, regulatory compliance, or any other reason.
6. Third-Party Dependencies
The Platform relies on third-party services and infrastructure:
- Solana blockchain: we have no control over Solana network performance, fees, or availability
- RPC providers (Helius, public nodes): may experience downtime
- Price feeds (CoinGecko or similar): may report inaccurate or delayed prices
- Wallet providers (Phantom, Solflare, etc.): independent of SerpenCoin
We are not liable for damages arising from third-party service failures, outages, or errors.
7. Mining Rewards Are Variable
In-game mining rewards depend on multiple factors:
- Player's hash power and active equipment
- Total network hash power (more players = lower individual share)
- Pool reserves and daily caps
- Platform economic adjustments
Past performance does not guarantee future results. Mining rewards may decrease significantly as the player base grows. We reserve the right to modify reward formulas, block intervals, daily caps, and other economic parameters at any time without prior notice.
8. Withdrawal Limitations
- Withdrawals require manual administrative approval and may take up to 48 business hours
- The Platform may impose temporary or permanent withdrawal restrictions during launch phases, economic recalibrations, or for security reasons
- Suspicious activity may delay or prevent withdrawals while investigations are conducted
- Withdrawal availability is not guaranteed at any specific time
9. No Refunds
All contributions are final and non-refundable. Once SC is generated from SOL conversion or in-game items are purchased, there is no refund mechanism. This includes:
- Accidental purchases
- Price changes after purchase
- Loss of interest in the game
- Account banning for terms violations
10. User Responsibility
You are solely responsible for:
- Verifying that the Platform is legal in your jurisdiction
- Complying with all applicable laws (tax reporting, securities regulations, etc.)
- Safeguarding your account credentials and wallet private keys
- Verifying transaction details before submission (addresses, amounts, networks)
- Understanding the risks of cryptocurrency and blockchain technology
- Conducting your own due diligence before any contribution
11. Force Majeure
We are not liable for any failure or delay caused by events beyond our reasonable control, including but not limited to: natural disasters, war, terrorism, government actions, regulatory changes, internet outages, blockchain network failures, exchange hacks affecting third parties, or pandemics.
12. Aggregated Acknowledgment
By using the Platform, you confirm that:
- You have read and understood this Disclaimer in its entirety
- You accept all risks described herein
- You will not hold the Platform or its operators liable for losses
- You will seek independent professional advice as needed
- Your participation is voluntary and recreational
13. Contact
For questions about this Disclaimer, contact support@serpencoin.com.
SerpenCoin — Operated by SerpenCoin Team. Last updated: 2026-06-06.