NFT Disclaimer
Important information about Digital Corals NFTs, their nature, limitations, and risks.
1. Nature of Digital Corals NFTs
A Digital Corals NFT may represent or be associated with: a coral record, a coral image, a coral update, a coral node, a coral ownership or custody record, or a record of participation in the Digital Corals ecosystem. NFTs are digital blockchain records. They do not automatically guarantee legal ownership of a physical coral unless expressly stated.
2. No Guaranteed Value
Digital Corals NFTs are not sold or provided as guaranteed investments. Digital Corals does not guarantee future resale value, marketplace liquidity, token value, investment return, buyer demand, rarity value, or long-term commercial value. Users participate at their own discretion.
3. Metadata and Permanence
NFT metadata may include images, descriptions, coral records, update records, or other data. Some NFT metadata may be public, permanent, immutable, or difficult to alter once published. Users should carefully check all submitted information before minting, updating, or publishing NFT-related records.
4. NFT Updates and Old Record Burning
Digital Corals may allow users to create updated records or updated NFTs linked to previous coral records. When an update is created, the previous NFT may remain in the user's wallet unless it is burned, retired, or otherwise managed. Unless Digital Corals expressly provides an automated burn process, the user is responsible for managing or burning obsolete NFTs after an update.
Digital Corals may require users to acknowledge this before placing an update order.
5. Blockchain and Wallet Risk
NFT use involves blockchain risks, including: transaction errors, wallet compromise, lost private keys, network congestion, metadata errors, marketplace disputes, smart contract or infrastructure risk, and irreversible transfers. Users are responsible for understanding these risks.