Legal Disclaimer
This param Litepaper, provided for informational purposes only, should not be interpreted as investment advice, financial advice, trading advice, or any other kind of advice. The information contained within this document is subject to change at the sole discretion of Param and its affiliated entities, including Victory Vault Limited.
The $PARAM token, designed for use within the Param ecosystem, aims to provide various levels of utility to its users including token holders and other stakeholders. It is important to note that ownership of $PARAM token does not equate to an economic interest in `param or any of its affiliated entities.
Param and its affiliates, including Victory Vault Limited, do not grant any rights, either expressly or impliedly, beyond the right to use $PARAM token within the Param ecosystem. Specifically, Param and its affiliates explicitly deny any suggestion that $PARAM tokens represent or confer any form of ownership right, stake, share, security, or equivalent rights, nor any right to future revenue sharing, intellectual property rights, or any other form of participation in connection with any param product or the Param entity itself and its corporate affiliates.
Param and its affiliates, including Victory Vault Limited, reserve the right to limit or prohibit the use of $PARAM tokens within the Param ecosystem. Param disclaims any responsibility for direct consequential loss or damage of any kind arising from (i) reliance on information provided in this Litepaper, (ii) any errors, omissions, or inaccuracies in this information, or (iii) actions taken based on this information.
Except as otherwise expressly stated in writing by Param, $PARAM tokens are provided on an “as is” and “as available” basis without warranties of any kind, and Param specifically disclaims all implied warranties regarding the $PARAM token.
Nothing in this Litepaper constitutes a prospectus or an offer document of any sort, nor does it intend to offer securities or solicit investments in securities. Participation in the Param ecosystem, including receipt of $PARAM token through mechanisms like airdrops, does not represent an exchange of value for any securities or shares in any project or entity.
The Litepaper and any part thereof, as well as any copies, must not be transmitted to any country where distribution of this document and its information is restricted or prohibited. `no regulatory authority has reviewed or approved any of the information set out in this document. `the publication of this Litepaper does not imply compliance with applicable laws, regulatory requirements, or rules.
To the fullest extent permitted by applicable laws, regulations, and rules, Param its founders, team members, including but not limited to Victory Vault Limited, and any third parties involved in the project, including but not limited to Victory Vault Limited, shall not be liable for any type of loss or damage arising out of or in connection with the acceptance or reliance on information in this Litepaper.
All statements in this Litepaper and public statements made by Param and its affiliates, including Victory Vault Limited, that are not historical facts are “forward-looking statements”. This Litepaper should not be considered as advice regarding participation in the Param ecosystem. Param disclaims all representations, warranties, or undertakings in any form in relation to the accuracy and completeness of the information in this Litepaper.
Token holders are responsible for securing their wallets or storage mechanisms for $PARAM token, including any necessary private keys or credentials. Loss of access credentials may result in the loss of $PARAM token. Param, including Victory Vault Limited, is not responsible for any losses related to lost access credentials. All transactions involving $PARAM token, whether on the Ethereum blockchain or any other platform, are the sole responsibility of the token holder.
Param reserves the right to launch the $PARAM token on a blockchain of its choice and is not obligated to use the Ethereum blockchain or any other specific blockchain.
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