# Disclaimers and Notices

**Language:** [Русский](../ru/DISCLAIMERS.md) | [English](DISCLAIMERS.md)

**Navigation:** [← Contents](https://github.com/VC-HB3-Accelerator) · [FAQ](FAQ.md) · [Glossary](GLOSSARY.md) · [Contacts](CONTACTS.md)

---

## 1. General

Documents in this repository are provided for informational purposes only. They are not:

- investment advice, financial consultation, or a recommendation to buy, sell, or hold tokens, securities, or other financial instruments;
- an offer to sell or a solicitation to buy securities, tokens, or other financial instruments in any jurisdiction where such an offer would be unlawful.

Documents are provided “as is” without any warranties — express or implied. VC HB3 Accelerator does not guarantee the accuracy, completeness, or currency of the information they contain.

---

## 2. Financial projections

All financial projections, return estimates, and quantitative figures in the documents are based on assumptions and modeling. They reflect possible development scenarios, not guaranteed results.

Please note:

- actual results may differ materially from projections — both downward and upward;
- documents include conservative and optimistic scenarios; when making decisions, the conservative scenario is recommended as a reference;
- past results are not an indicator of future returns;
- investments involve risks, including possible total loss of invested funds.

---

## 3. Risks

### Regulatory risks

- VC HB3 Accelerator governance tokens may be classified as securities in some jurisdictions (Howey test, MiCA, and other criteria).
- The legal status of tokens differs across countries; in some jurisdictions they may be prohibited or subject to licensing.
- Regulatory requirements may change.

### Fund status

- VC HB3 Accelerator is in the process of registration in special economic zones.
- Registration is not complete at the time of publication. It may be delayed, changed, or rejected.
- Investments are possible only after registration is completed and all regulatory requirements are met.

### Technology risks

The Digital Legal Entity (DLE) operating system and related technologies are subject to risks, including smart-contract vulnerabilities, scaling issues, dependence on external components, and cyberattacks.

Risk-mitigation measures: security audits, source code available for review and audit by license-token holders, on-premises deployment. Complete elimination of risks is impossible.

### Business risks

VC HB3 Accelerator does not guarantee achievement of planned targets, successful registration in target jurisdictions, attraction of the planned number of participants, successful exits from portfolio companies, or any specific return.

---

## 4. Jurisdictional restrictions

Participation in the project and acquisition of tokens may be restricted or prohibited in some jurisdictions. Before participating, ensure it is lawful in your jurisdiction and consult counsel if needed.

---

## 5. Changes to documents

VC HB3 Accelerator reserves the right to change information in the documents, update projections and plans, and adjust the business model and strategy without prior notice. Information is current as of the last update date.

---

## 6. Limitation of liability

VC HB3 Accelerator, its founders, employees, partners, and affiliates are not liable for losses incurred as a result of using information from the documents, decisions made on that basis, changes in legislation, technology failures, or actions of third parties.

To the maximum extent permitted by applicable law, the aggregate liability of VC HB3 Accelerator is limited to the amount actually paid for governance tokens (if applicable).

These disclaimers do not limit rights provided by applicable law.

---

## 7. Recommendation

Before making investment or other decisions, it is recommended to conduct your own analysis (due diligence), consult a financial and legal advisor in your jurisdiction, and invest only funds you can afford to lose.

---

**Contacts:** [CONTACTS.md](CONTACTS.md)

**Last updated:** 2026-02-19