Skip to main content

Legal Documentation and Disclaimer

MAINSTREAM TOKEN ($MAIN) AND MTL PROTOCOL
Last Updated: January 3, 2025

PLEASE READ THIS ENTIRE LEGAL DOCUMENTATION ("DOCUMENTATION") CAREFULLY BEFORE ACCESSING OR USING MAINSTREAM TOKEN ("$MAIN"), THE MTL PROTOCOL ("PROTOCOL"), OR THE MAINSTREAMTOKEN.COM WEBSITE ("WEBSITE"). BY ACCESSING OR USING THE WEBSITE, HOLDING OR INTERACTING WITH $MAIN, OR ENGAGING WITH THE PROTOCOL, YOU ("USER" OR "YOU") HEREBY EXPRESSLY ACKNOWLEDGE AND AGREE TO BE LEGALLY BOUND BY ALL TERMS AND CONDITIONS SET FORTH IN THIS DOCUMENTATION, TO THE FULLEST EXTENT PERMITTED BY LAW. IF YOU DO NOT AGREE, DO NOT USE OR CONTINUE TO USE THE WEBSITE, $MAIN, OR THE PROTOCOL.

1. BINDING AGREEMENT

1.1 Acceptance of Terms

By accessing, using, or attempting to use the Website, the Protocol, or any associated services—including holding or otherwise interacting with $MAIN—You affirm that You are of legal age in Your jurisdiction and that You agree to be bound by this Documentation. If You do not agree with any part of this Documentation, You must immediately discontinue all use.

1.2 Entire Agreement

This Documentation constitutes the entire agreement between You and the Protocol (including its creators, contributors, developers, and affiliated parties) concerning the use of the Website, the Protocol, and $MAIN. It supersedes all prior understandings, whether written, oral, implied, or otherwise.

2. EXPERIMENTAL NATURE OF PROTOCOL AND TOKEN

2.1 Experimental Status

  • $MAIN and the MTL Protocol are highly experimental.
  • No guarantees are made regarding functionality, stability, security, availability, fitness for any particular purpose, or market value.
  • The Protocol or $MAIN may fail, cease to function, or be discontinued at any time, without notice.

2.2 Non-Financial Intent

  • $MAIN is not designed or intended to serve as an investment, security, or commodity.
  • $MAIN confers no ownership rights, no governance rights, no economic entitlements, and no future rights to any asset or revenue.
  • Any perceived or secondary market value is purely incidental and is not endorsed or intended by the creators or contributors.

2.3 Token Mechanics

  • Total Supply: 1,000,000,000 $MAIN tokens, with no further minting.
  • Blockchain: Deployed on Solana.
  • Volatility: Price and liquidity may be subject to extreme fluctuations, especially given the bonding curve mechanism and decentralized exchange listings.

3. USER ACKNOWLEDGMENTS

3.1 Assumption of Risk

By using the Protocol, holding $MAIN, or accessing the Website, You acknowledge and agree that:

  • You may lose any or all $MAIN tokens or their value.
  • Blockchain transactions are irreversible and may be subject to errors, security breaches, or other unforeseen risks.
  • The Protocol is experimental; it may fail for reasons including, but not limited to, code errors, community disputes, regulatory intervention, or security compromises.
  • No remedy, recourse, or restitution shall be available in the event of any failure, loss, or damage relating to $MAIN or the Protocol.

You represent that using the Protocol and $MAIN, as well as participating in any associated activity, does not violate the laws or regulations in Your jurisdiction. You are solely responsible for any obligations related to taxes, licenses, or legal compliance that apply to You.

3.3 No Reliance on Future Statements

You shall not rely on any forward-looking statements, projections, or information about potential functionality or market value. Any statements made by the Protocol's creators, contributors, or community members do not constitute a guarantee of future performance or results.

4. VERIFICATION AND USAGE REQUIREMENTS

4.1 License Parameters

To maintain certain usage rights within the MTL Protocol, You may be required to meet certain token thresholds or other verification criteria. Records may be stored on or off a public ledger, and there is no guarantee of accuracy, permanence, or security.

4.2 Revocation of Access

Failure to meet any required verification criteria, maintain sufficient token holdings, or comply with parameters may result in automatic revocation or suspension of any and all rights, without prior notice.

5. DISCLAIMERS AND NO WARRANTIES

5.1 "As Is" and "As Available"

The Protocol, the Website, and $MAIN are provided "AS IS" and "AS AVAILABLE" with no warranties—express, implied, or statutory—regarding quality, performance, non-infringement, or fitness for a particular purpose. The Protocol and its contributors disclaim any and all responsibility for:

  • Service interruptions, errors, bugs, or vulnerabilities in the code.
  • The accuracy, reliability, or timeliness of any data or information on the Website or related sites.
  • Any user errors, including incorrect wallet addresses, transactions, or other mistaken actions.

5.2 No Advice

Nothing in this Documentation or the Website constitutes legal, tax, or financial advice. Consult qualified professionals before engaging in cryptocurrency transactions or relying on digital asset holdings.

5.3 No Guarantees on Market Value

$MAIN does not represent any form of legal tender, nor does it guarantee any inherent, redeemable, or real-world value. The market value (if any) is determined by third-party market dynamics outside of the Protocol's control.

6. LIMITATION OF LIABILITY

6.1 Maximum Extent Permitted by Law

To the fullest extent permitted by applicable law, in no event shall the Protocol, its creators, contributors, affiliates, officers, employees, or agents be liable for any:

  • Direct, indirect, incidental, special, consequential, or punitive damages;
  • Damages for loss of profits, revenue, opportunity, or data;
  • Damages arising from unauthorized access, hacking, or other third-party interventions;
  • Personal injury or property damage of any nature arising from Your access to or use of the Protocol or $MAIN;
  • Other losses of any kind, whether based in contract, tort, or any other legal theory.

6.2 Aggregate Liability Cap

If any liability is found despite these disclaimers, the aggregate liability of the Protocol and its affiliates shall not exceed the lesser of (i) USD $100 or (ii) the amount You originally paid to acquire $MAIN tokens, if any.

7. NO REMEDIES; NO GUARANTEES

7.1 Experimental Protocol Failures

Should the Protocol or $MAIN experience total or partial failure, You agree no remedies are provided or guaranteed. You bear all risks associated with participation.

7.2 Third-Party Acts

You acknowledge that no entity associated with the Protocol assumes liability for the acts or omissions of third parties (including fraud, hacks, or malicious code injections).

8. DISPUTE RESOLUTION

The Protocol is decentralized and does not consent to any particular jurisdiction. You acknowledge and agree that courts or regulators may attempt to assert jurisdiction over the Protocol, but the Protocol, as a decentralized project, makes no submission to any specific forum or governing law.

8.2 Voluntary Arbitration

At the sole discretion of the Protocol or its representatives, a voluntary, non-binding arbitration process may be offered to resolve disputes. Such arbitration shall not constitute a waiver of this Documentation's disclaimers, liability limitations, or jurisdictional independence.

8.3 User Waivers

You waive, to the fullest extent permissible by law, any right to bring legal claims in a court of law under any class action, consolidated action, or representative action procedures. If a court of competent jurisdiction deems this waiver unenforceable, the entirety of this dispute resolution clause may be severed from this Documentation at the Protocol's discretion.

9. SEVERABILITY

If any provision of this Documentation is held invalid or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to achieve the initial intent of the parties as closely as possible while remaining lawful and enforceable.

10. MODIFICATIONS AND UPDATES

10.1 Right to Modify

This Documentation may be modified, updated, or replaced at any time without notice. Any such modification becomes effective immediately upon posting. Your continued use of the Protocol, the Website, or $MAIN after a modification indicates Your acceptance of the updated terms.

10.2 User Obligation to Review

It is Your responsibility to periodically review this Documentation for changes. The current version is accessible at: https://mainstreamtoken.com/legal

11. CONTACT INFORMATION

Website: https://mainstreamtoken.com/
GitHub Discussions: https://github.com/mainstreamorganization/mainstreamtoken/discussions
Last Updated: January 3, 2025

YOU HEREBY ACKNOWLEDGE THAT YOU HAVE READ THIS DOCUMENTATION, UNDERSTAND ITS CONTENT, AND AGREE TO BE BOUND BY ITS TERMS. YOU FURTHER AGREE THAT THIS DOCUMENTATION CONSTITUTES THE COMPLETE AND EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN THE PARTIES, AND SUPERSEDES ALL PRIOR PROPOSALS, UNDERSTANDINGS, OR REPRESENTATIONS, WHETHER ORAL OR WRITTEN.

DISCLAIMER: This Documentation is provided for informational purposes only and does not constitute specific legal advice. You should consult a qualified attorney familiar with cryptocurrency, blockchain technology, and the laws of your jurisdiction to ensure full compliance and the enforceability of these terms in your specific circumstances.