# 9. Disclaimer

1. &#x20;This document is intended to explain the PemChain project. The information provided in this document does not guarantee the completeness of the proposed project. Individuals bear full responsibility for decisions made based on its content, and no other party can be held accountable for these decisions. Please read this document carefully to understand the proposed business content, risk factors, and uncertainties, and be prepared.

   <br>

   2\. This document is not intended to solicit investors or offer investment advice. Therefore, the content of this document cannot be interpreted as investment advice or an investment solicitation.

   <br>

   3\. The information provided in this document does not constitute a contractual obligation. The words or terms used in this document do not have legal effect or binding force.

   <br>

   4\. The business progress and timelines introduced in this document may be updated from time to time without notice to third parties when modifications are needed. The PEM Foundation is under no obligation to disclose all details to PEM token holders on a regular basis.

   <br>

   5\. The distribution of PEM tokens is carried out through a separate contract different from this document, and in the event of any inconsistency between the contract content and the content of this document, the terms and conditions stipulated in the contract shall prevail.

   <br>

   6\. Under no circumstances shall the content of this document be interpreted as legal, financial, accounting, or tax advice, etc. If necessary, users should obtain advice separately, and the PEM Foundation assumes no responsibility for these matters.

   <br>

   7\. The PEM tokens mentioned in this document cannot be interpreted as financial investment instruments, such as bonds, stocks, options, securities, and derivatives, and do not confer any rights under any circumstances. The PEM Foundation does not guarantee income or profit, such as economic interest, under any circumstances, and does not recommend investment. In addition, PEM tokens do not grant token holders any rights to dividends or interest.

   <br>

   8\. The inherent characteristics of blockchain technology come with potential security vulnerabilities and technical defects related to currency, which may cause damage or loss. The PEM Foundation and its partners are not responsible for risks, such as capital losses caused by the loss or leakage of personal keys by PEM token holders, or any other issues related to blockchain technology.

   <br>

   9\. If unforeseen events occur, such as system attacks by third parties, natural disasters, and other force majeure events or similar unavoidable circumstances, the creation of the ecosystem may be delayed or interrupted, or tangible or intangible losses may occur. The PEM Foundation assumes no responsibility for this.

   <br>

   10\. PemChain is not without all risks, including the devaluation of PEM tokens, changes in the market environment, uncertainties, policy risks, and the emergence of competitors, which may change or suspend the direction and roadmap of the PemChain ecosystem. Individuals must carefully consider and understand these risks, and the PEM Foundation and its partners do not assume any liability for any financial or non-financial losses arising from such risks.

   <br>

   11\. This document is based on laws and regulations as of the date shown on the first page. If forward-looking modifications are made due to changes in relevant laws or regulatory measures affecting the business operations of the PEM Foundation, they may be made. If the business operations become illegal or commercially impractical in a specific jurisdiction due to potential changes in laws and regulations, the business operations in that jurisdiction may be terminated. All participants are responsible for reviewing whether the coin sale in a specific country is restricted in accordance with their respective laws and regulations. The PEM Foundation and its partners assume no responsibility for any direct or indirect losses or damages and any subsequent consequences arising from your awareness of this information.

   <br>

   12\. PemChain may operate in various countries, and individuals must comply with the laws of their respective countries. Please note that some countries/regions  may restrict or prohibit the purchase, ownership, use, and sale of PEM tokens. Individuals are solely responsible for legally reviewing the laws and regulations related to token sale restrictions or similar matters within their jurisdiction.

   <br>

   13\. The information contained in this document has not been reviewed, inspected, or approved by regulatory authorities and does not guarantee that this document complies with all regulations of the countries where it is published and distributed.

   <br>

   14\. By referencing or using this document, individuals acknowledge this disclaimer and assume full responsibility for any legal liability and risks that may arise from the project.

   <br>

   15\. The version of this document is written according to the specific date shown on the front page, and its content reflects the progress of the project as of that date. The content may be changed at any time according to the progress of the project.

   <br>

   16\. The information and content included in this document belong to the intellectual property of the PEM Foundation and may not be copied, disseminated, distributed, disclosed, displayed, or used in any other way without the prior written approval of the PEM Foundation.
