Legal Disclaimer

Introduction

By purchasing and/or holding the any MELD protocol digital assets including and limited to MELD token ($MELD), each potential purchaser and holder of the $MELD ("Purchaser") accepts and agrees that to the extent permitted by law, MELD LABS PTE LTD, disclaims all liability, damages, cost, loss or expense (including, without limitation, legal fees, costs and expenses) to it in respect of its purchase and/or holding of the $MELD.


Holder Considerations

Each Purchaser should carefully consider all factors involved in purchasing and/or holding the $MELD, including, but not limited to, those listed below and, to the extent necessary, consult an appropriate professional or other expert (including an expert in cryptographic tokens or blockchain-based software systems). If any of the following considerations are unacceptable to a Purchaser, that Purchaser should not purchase the $MELD. These considerations are not intended to be exhaustive and should be used as guidance only.

The $MELD are not intended to represent any formal or legally binding investment.

Cryptographic tokens that possess value in public markets, such as Ether and Bitcoin, have demonstrated extreme fluctuations in price over short periods of time on a regular basis. Purchasers should be prepared to expect similar fluctuations in the price of the $MELD and Purchasers may experience a complete and permanent loss of their initial purchase.

Cryptocurrency exchanges on which the $MELD may trade in the future may be relatively new and unregulated and may therefore be more exposed to fraud and failure than established regulated exchanges.

The use of the MELD Protocol could be affected by a number of factors, including slowing demand for its services, increasing competition, decreases in growth of the overall cryptocurrency market, or failure to capitalise on growth opportunities.

Hackers, individuals, other malicious groups or organisations may attempt to interfere with the MELD Protocol and the $MELD in a variety of ways such as cryptographic attacks, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing.

The regulatory status of cryptographic tokens, blockchain and distributed ledger technology as well as its applications are unclear or unsettled in many jurisdictions and it is difficult to predict how or whether governments or regulatory agencies may implement changes to law or apply existing regulation with respect to such technology and its applications, including the MELD Protocol and the $MELD.

The tax characterisations of the $MELD are unclear and uncertain in many jurisdictions. Purchasers must seek their own tax advice in connection with purchasing the $MELD, which may result in adverse tax consequences.


Certain Restrictions

The $MELD are not intended to be securities (or any other regulated instrument) under the laws of any jurisdiction where they are intended to be, or will be, purchased or sold and no action has been or will be taken in any jurisdiction by MELD LABS PTE LTD, or any of its affiliates that would permit a public offering, or any other offering under circumstances not permitted by applicable law of the $MELD, in any country or jurisdiction where action for that purpose is required. Accordingly, the $MELD may not be offered or sold, directly or indirectly, by any Purchaser, in or from any country or jurisdiction, except in circumstances which will result in compliance with all applicable rules and regulations of any such country or jurisdiction. In particular:


Singapore

The $MELD are not "securities" under the Securities and Futures Act (Cap. 289) of Singapore.