No guarantee of price stability

Digitalis Uncia (DU) does not guarantee that the value of one will always equal one (or its equivalent) ounce of gold across all platforms. Due to a variety of factors outside of DU’s control, the value of DOZ can fluctuate above or below one ounce of gold.

DU cannot control how third parties value DOZ, and DU is not responsible for any losses or other issues that may result from fluctuations in the value of DOZ. The risk of loss in holding or trading DOZ may be substantial and losses may occur over a short period of time.

The value of DOZ may be derived from or influenced by the continued willingness of market participants to subscribe for DOZ in exchange of fiat currencies, which may result in the potential for permanent and total loss of value of DOZ should the market for DOZ disappear.

You should also take into account the potential risk of loss in respect of buying and selling FDD for the fiat currency which the FDD is denominated in, arising from fluctuations in currency exchange rates. Currency exchange rates can be very volatile and can change quickly and unpredictably.

Third-party platforms

DOZ is based on open source software and blockchain. This means that third parties can elect to support DOZ on their platforms without any authorization or approval by DU or anyone else. As a result, DOZ support on any third-party platform (including digital assets exchange platforms) does not imply any endorsement by DU that such third-party services are valid, legal, stable, or otherwise appropriate. We do not own or control the blockchain that DOZ runs on and are not responsible for the operation of the blockchain network and make no guarantees regarding the network’s security, functionality, or availability. DU is not responsible for any losses or other issues you might encounter using DOZ on non-DOZ platforms. Users accept all consequences from the holding and transfer of DOZ. DOZ transactions are not reversible. Once you send DOZ to an address, you accept the risk that you may lose access to, and any claim on, that DOZ indefinitely or permanently. For example, (i) an address may have been entered incorrectly and the true owner of the address may never be discovered, (ii) you may not have (or subsequently lose) the private key associated with such address, (iii) an address may belong to an entity that will not return the DOZ, (iv) an address belongs to an entity that may return the DOZ but first requires action on your part, such as verification of your identity.

Software protocols and operational challenges

You are aware of and accept the risk of operational challenges. DU may experience sophisticated cyber-attacks, unexpected surges in activity, or other operational or technical difficulties that may cause interruptions to the DOZ Services. You understand that the DOZ Services may experience operational issues that lead to delays, including delays in redeeming DOZ. You agree to accept the risk of transaction failure resulting from unanticipated or heightened technical difficulties, including those resulting from sophisticated attacks. You agree not to hold DU accountable for any related losses.

Compliance

You are responsible for complying with applicable law. You agree that DU is not responsible for determining whether or which laws may apply to your transactions, including tax laws. You are solely responsible for reporting and paying any taxes arising from your use of the DOZ Services, including any accurate reporting of the tax or legal status of DOZ in your jurisdiction.

Legislative and regulatory changes

Legislative and regulatory changes or actions in the jurisdictions where we conduct business may adversely affect the tokenization of fiat currency into DOZ, and the use, transfer, redemption, and/or value of DOZ.

Legal treatment of DOZ transfers

The regulatory status of DOZ and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to DOZ, blockchain technology, and its applications. Accordingly, it is not possible to determine whether an DOZ transfer would be recognized under applicable law by a court or regulator.

On-chain transactions irreversible

When DOZ is sent out of your DOZ Account to a third-party DOZ address, such transaction is completed on the blockchain. This means that such transaction is irreversible and DU does not have the ability to reverse or recall any transaction once initiated. You bear all responsibility for any losses that might be incurred as a result of sending DOZ to an incorrect or unintended DOZ address.