Disclaimers/Warranties: Both parties agree, warrant and acknowledge the risks involved with purchasing non-fungible tokens and/or cryptocurrency. Both non-fungible tokens and cryptocurrency involve a high degree of risk and only those who can bear the loss should entertain such purchases.
Buyer agrees, warrants and acknowledges the following without any limitation:
1. PURCHASES OF EITHER NON-FUNGIBLE TOKENS AND/OR CRYPTOCURRENCY INVOLVES A HIGH DEGREE OF RISK, IS ILLIQUID AND SPECULATIVE AND IS SUITABLE ONLY FOR PERSONS OF SUBSTANTIAL MEANS WHO HAVE NO NEED FOR IMMEDIATE LIQUIDITY IN THEIR PURCHASE AND WHO ARE PREPARED TO BEAR THE ECONOMIC RISK OF SUCH PURCHASE FOR AN INDEFINITE PERIOD OF TIME AND THE LOSS OF THEIR ENTIRE PURCHASE.
2. There have been no assurances or promises made by Seller that the non-fungible tokens and cryptocurrency will carry or carry any specific value.
3. Buyer agrees, warrants and acknowledges he has or has had an opportunity to seek his own independent financial or professional advice regarding this Agreement.
4. BUYER HAS SOUGHT OUT SELLER FOR THIS TRANSACTION.
5. Buyer hereby agrees to RELEASE, WAIVE, DISCHARGE, COVENANT NOT TO SUE, SAVE, PROTECT, INDEMNIFY, AND HOLD HARMLESS 3FAMS LLC, VIRTUALCONS LLC, any of their related companies, their officers, members, partners, agents, contractors and employees (hereinafter referred to as RELEASEES) from any and all liability, claims, demands, actions and causes of action(s) whatsoever arising out of or related to any loss, damage, or injury, including death, that may be sustained by Buyer, or to any property belonging to Buyer, with regard to this Agreement and the transactions contained herein.