Risk Disclosure
Last update: August 25th, 2025
IMPORTANT – READ CAREFULLY
The LongBoat NFT Node License (“NFT”) is a digital collectible and access credential to the LongBoat network. IT IS NOT, AND IS NOT INTENDED TO BE, A SECURITY, INVESTMENT CONTRACT, EQUITY INTEREST, OR FINANCIAL PRODUCT OF ANY KIND.
By acquiring, holding, or using a LongBoat NFT or participating in the LongBoat Decentralized, Synchronized Ledger Node (“DSLN”) network, you acknowledge and agree to the following important terms, disclaimers, and risks.
Definitions – LongBoat NFTs
For the purposes of these Terms, the expressions “LongBoat Digital Licence,” “LongBoat NFT,” and “LongBoat Collectible” are used interchangeably and shall have the same meaning. Each refers to the blockchain-based digital item issued by LongBoat Digital Ltd that may be freely transferred or sold on secondary marketplaces, and which grants the current holder the right to access and participate in the LongBoat network as described herein.
1. NO SECURITIES – NO INVESTMENT OFFER
LongBoat NFTs do not represent or confer any right to ownership of shipping containers, equity in any LongBoat entity, a share of profits, or any form of financial return.
The NFTs are non-investment digital collectibles and do not provide, imply, or guarantee returns, income, or dividends.
No LongBoat entity solicits or accepts investments or deposits from the public.
2. REWARDS ARE NOT GUARANTEED AND NOT PASSIVE
Rewards may be offered to NFT holders as discretionary, variable service incentives for performing active “Monitoring Actions” (such as verifying container GPS data).
All rewards are:
Conditional on user participation,
Discretionary (decided entirely by LongBoat Digital Ltd),
Variable in amount and frequency, and
Subject to operational, market, and network performance.
There is NO GUARANTEE of receiving any reward or of any reward’s value. Past distributions do not promise future rewards.
Failure to perform required actions may mean no rewards or higher fees.
3. NO OWNERSHIP OR CREDITOR RIGHTS
LongBoat NFTs DO NOT provide any creditor, shareholder, partnership, or voting rights in LongBoat Operations Ltd, LongBoat Digital Ltd, LongBoat Holdings Ltd, or any affiliate.
In the very unlikely event of liquidation of both operational entities, holders may have a contingent right to a pro rata share of net liquidation proceeds (see Section 6). This is a sole and limited remedy—NFTs do not otherwise create entitlement to company assets.
4. MARKET, TECHNOLOGY, & REGULATORY RISKS
The NFT and its related rewards are subject to market risk, technology risk, and regulatory risk.
Laws and regulations governing digital assets and decentralized networks are evolving and may change, which could impact the operation, legality, or functionality of LongBoat services or NFTs in your jurisdiction.
Users are solely responsible for complying with all applicable laws and regulations in their country of residence.
5. RESTRICTED JURISDICTIONS
LongBoat NFTs are not available to residents, citizens, or green card holders of the United States, China, or any jurisdiction subject to international sanctions (OFAC, EU, UN, etc.).
By acquiring a LongBoat NFT, you represent and warrant that you are not a prohibited person under these rules.
6. NO INVESTMENT ADVICE
Nothing in these Terms, the LongBoat website, or related materials constitutes investment advice, financial promotion, or solicitation.
If you are seeking an investment, looking for guaranteed returns, or are uncertain about applicable risks on digital assets, DO NOT acquire a LongBoat NFT.
By continuing, you confirm that you have read, understand, and accept the above and all referenced Terms. Please consult a qualified legal advisor if you have any concerns about your rights or obligations.
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