Cronos ID
  • Welcome to Cronos ID
  • What is Cronos ID?
    • Cronos ID Domains
    • Cronos ID Notifications
      • How Cronos ID Notifications Work?
      • Partner with Cronos ID Notifications
      • Terms & Conditions
    • Cronos ID Messaging
  • Core Utility Modules
  • Tokenomics
  • Domains Pricing Model
  • Roadmap
  • Release Notes
  • Our Partners
  • Get Involved
  • User Guides
    • Getting Started
      • Tokens Needed
      • Bridging Funds to Cronos
      • Connecting Wallet
    • Cronos ID Domains
      • Checking domain availability
      • Checking domain user profile
      • Minting domain
      • Managing domain profile
        • Editing domain profile
        • Adding cryptocurrency addresses
        • Transferring your domain
      • Adding domains to "My Favourite"
      • Claiming domains from direct transfer/NFT marketplace
      • Setting Default Domain
      • Renewing Domain
      • Sub-domain
        • Creating sub-domain
        • Editing controller of sub-domain
        • Managing sub-domain
      • FAQ
    • $CROID Staking Vaults
      • Staking $CROID into Vault
      • Claiming Vault Rewards
      • Staking Additional $CROID into Vaults
      • Upgrading Vaults
      • Unstaking $CROID from Vault
      • FAQ
  • Using Cronos ID on Crypto.com Onchain
    • Crypto.com Onchain Integration
    • For Crypto.com Onchain mobile app users
      • Setting wallet name
      • Sending token
      • Receiving token
      • Sending NFT
      • Receiving NFT
    • For Crypto.com Onchain Extension (Chrome) users
      • Setting wallet name
      • Sending token
      • Receiving token
    • FAQ
  • Fundamentals
    • Team Wallets
    • Tokens Supported
    • Smart Contracts
    • Security
  • Developers Resources
    • Github
    • Domain Integration
      • Use Cases
      • Integrating using ethers.js
      • Integrating using our SDK
    • Notification Integration
      • Submit Your DApp Info
      • Send notifications via our API
      • Integrating using our SDK
    • Metadata Service Guide
  • Extras
    • Protected Domains Policy
    • Community Guidelines
    • Cronos Labs Incubation
    • Risk Disclosure
  • Community Links
    • Twitter
    • Discord
    • Medium
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  1. Extras

Risk Disclosure

The Cronos ID (“Protocol”) is a set of smart contracts made available by Cronos ID on a voluntary, “as-is” and “as-available” basis. It is not a service of any kind and you should not rely on Cronos ID to assist you to evaluate the Protocol, assess its fitness for any purpose or comply with any requirements. You assume all risks arising from interactions with the Protocol. Cronos ID is not liable for any claim, damages or other liability, whether in contract, tort or under any other theory of liability, arising from, out of or in connection with the Protocol.

There are several risks when using the Protocol. These risks include inherent risks associated with the use of a virtual platform, the decentralized nature of the platform, and participating in virtual asset transactions. Risks include, without limitation:

  • Partial or total loss of virtual assets;

  • Collapse in liquidity with respect to virtual assets; changes incompatibility of a virtual asset with the Protocol, changes in the smart contracts;

  • Regulatory uncertainty and government action against virtual assets;

  • Extreme volatility;

  • Possibility of market misconduct by participants including for example market manipulation, trading on the basis of non-public information, and front running;

  • Delays in or complete failure of virtual asset transactions being confirmed;

  • Counterparty risk;

  • Faults, defects, hacks, exploits, errors, or unforeseen circumstances occurring in respect of the platform or the technologies that the platform depends on;

  • Loss of private keys;

  • and Attacks on the platform or the technologies that the platform depends on including for example distributed denial of service, sybil attacks, phishing, social engineering, hacking, smurfing, malware, double spending, majority-mining, consensus-based or other mining attacks, misinformation campaigns, forks, and spoofing.

This list of potential risks is not exhaustive and is not intended to capture the extent of all possible risks. In the event of any of the above occurring, you may lose your virtual assets entirely. Participants should consider all of the above and assess the nature of, and their own appetite for relevant risks independently and consult their advisers before making any decisions in participating in the Protocol. USERS WILL BE RESPONSIBLE FOR THEIR OWN RISK.

PreviousCronos Labs Incubation

Last updated 2 years ago