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10. General Disclaimer

This Section 10 constitutes the General Disclaimer of BetsWave and forms an integral part of this document. It should be read in conjunction with the Important Notices page at the front of this document.

10.1. Nature of This Document

This whitepaper is published by BetsWave for informational and technical description purposes only. It is not a prospectus, offering memorandum, offering circular, investment advertisement, or solicitation in connection with any investment, financial product, or regulated offering of any kind, in any jurisdiction. No regulatory authority in any jurisdiction has reviewed, approved, or endorsed the contents of this document, and no such approval should be implied.

Recipients of this document who are considering any form of participation in the BetsWave platform or any acquisition of WAVE Tokens or ORCA NFTs are strongly encouraged to seek independent legal, financial, and tax advice from qualified advisors in their respective jurisdictions before making any such decision.

10.2. Utility Token and Digital Asset Disclaimer

WAVE Tokens and ORCA NFTs are utility instruments issued for functional use within the BetsWave platform ecosystem only. They are not, and are not intended to constitute, securities, equity instruments, shares, bonds, debentures, notes, investment contracts, profit-participation rights, or any other form of regulated financial instrument or security in any jurisdiction whatsoever.

The acquisition, holding, or use of WAVE Tokens or ORCA NFTs does not, and is not intended to, create or confer any ownership interest, equity stake, profit entitlement, dividend right, revenue-sharing right, management right, or any other financial right in or against BetsWave or any affiliated, associated, or related entity.

Participants should not acquire WAVE Tokens or ORCA NFTs with any expectation of financial profit or return derived primarily from the efforts of BetsWave or any other person. BetsWave makes no representation regarding the future value, liquidity, market availability, or exchangeability of WAVE Tokens or ORCA NFTs.

10.3. Jurisdictional Disclaimer and User Responsibility

BetsWave is operated from Costa Rica. This document is published from Costa Rica. The platform and this document may be accessed by persons in jurisdictions other than Costa Rica. Persons accessing this document or the platform from any other jurisdiction do so voluntarily, at their own election, and at their own risk.

Such persons are solely and exclusively responsible for determining whether: (a) their access to and use of the platform is lawful under the laws, regulations, and rules applicable in their jurisdiction (b) the acquisition, holding, or disposal of WAVE Tokens or ORCA NFTs is lawful in their jurisdiction (c) any tax, reporting, or other legal obligation arises from their participation

BetsWave makes no representation, warranty, or assurance that access to the platform is lawful in any jurisdiction outside Costa Rica, and expressly disclaims any responsibility for the legal compliance of any user's participation.

10.4. Forward-Looking Statements

This document contains forward-looking statements, estimates, projections, and assumptions regarding future events, market conditions, platform development milestones, tokenomics outcomes, and ecosystem growth. These statements reflect the current expectations and assumptions of BetsWave's management, which are believed to be reasonable at the time of publication, but are inherently uncertain and subject to significant risks.

Words and phrases such as 'expects,' 'intends,' 'plans,' 'projects,' 'estimates,' 'anticipates,' 'believes,' 'may,' 'will,' 'should,' and similar expressions are intended to identify forward-looking statements.

Actual results, developments, and outcomes may differ materially from any projections or estimates expressed or implied in this document. Factors that could cause material differences include, without limitation: changes in applicable law or regulatory requirements; market volatility or adverse conditions in digital asset markets; technological failures or security incidents; competitive developments; changes in user adoption rates; failure to achieve projected partnerships or integrations; resource constraints; macroeconomic conditions; and force majeure events.

BetsWave undertakes no obligation to update, revise, or reaffirm any forward-looking statement to reflect events, information, or circumstances arising after the date of publication of this document.

10.5. Limitation of Liability

To the maximum extent permitted by applicable law, BetsWave and each of its officers, directors, employees, contractors, agents, affiliates, subsidiaries, successors, and assigns (collectively, 'BetsWave Parties') shall not be liable to any person or entity for any loss, damage, liability, cost, or expense of any kind — whether direct, indirect, incidental, special, consequential, exemplary, or punitive — arising from or in connection with:

(a) the acquisition, holding, disposal, or attempted transfer of WAVE Tokens or ORCA NFTs by any person (b) participation in any service activity on the platform (c) smart contract execution errors, logic failures, vulnerabilities, or exploits of any nature (d) inaccuracies, failures, interruptions, or manipulation of third-party data feeds, oracle systems, or third-party data providers (e) unauthorized access to, or loss or compromise of, user wallets, private keys, credentials, or funds by any means (f) platform service interruptions, downtime, maintenance periods, or network outages of any duration (g) regulatory actions, investigations, enforcement proceedings, or changes in law affecting the platform or associated digital instruments in any jurisdiction (h) reliance by any person on any statement, projection, estimate, or representation contained in this document or on the platform (i) any other matter related to participation in or access to the platform

The BetsWave Parties' aggregate liability, if any is established notwithstanding the foregoing, shall be limited to the Service Processing Fees paid by the claimant to BetsWave in the thirty (30) days immediately preceding the event giving rise to the claim.

Participation in the platform and acquisition of any platform-associated digital instruments is entirely at each participant's own risk.

10.6. Tax Disclosure

Participation in the BetsWave platform — including the submission of service requests, receipt of service outputs, receipt of staking pool distributions, and the acquisition, disposal, or exchange of WAVE Tokens or ORCA NFTs — may give rise to tax liabilities and regulatory reporting obligations under the laws of participants' respective jurisdictions.

These may include, without limitation: income tax or equivalent on platform earnings and staking distributions; capital gains tax or equivalent on the disposal or exchange of WAVE Tokens or ORCA NFTs; value-added tax, goods and services tax, or equivalent consumption taxes; withholding tax on distributions in certain jurisdictions; and financial transaction or digital asset reporting obligations under applicable AML, securities, or exchange control legislation.

The tax treatment of digital assets, platform service activities, and blockchain-based transactions is uncertain and rapidly evolving in many jurisdictions. BetsWave does not provide tax advice of any kind. Nothing in this document, on the platform, or in any communication from BetsWave constitutes tax guidance or advice.

Each participant is solely and exclusively responsible for determining their applicable tax and regulatory reporting obligations, for maintaining adequate records, and for complying with all payment and reporting requirements imposed by relevant tax and regulatory authorities. Independent tax advice from a qualified tax advisor in the participant's jurisdiction is strongly recommended before and during platform participation.

10.7. AML, KYC, and Regulatory Compliance

BetsWave operates anti-money laundering and know-your-customer compliance measures in accordance with applicable legal requirements in its jurisdiction of operation. The platform may require users to provide verified identifying information as a condition of access or as a condition of processing certain transactions. Users who fail to satisfy applicable verification requirements may have their access to the platform restricted or terminated.

Full details of the platform's AML/KYC framework, including applicable thresholds and verification requirements, are set out in the Platform Terms of Service.

Users are responsible for independently determining and complying with any AML, KYC, sanctions, or regulatory compliance obligations applicable to their participation in the platform under the laws of their own jurisdiction.

10.8. Data Privacy Reference

The collection, processing, storage, and use of personal data provided by or collected from platform users is governed by the BetsWave Privacy Policy, available at www.betswave.io. The Privacy Policy sets out the categories of personal data collected, the purposes of processing, the legal bases for processing, third-party processors engaged, and the rights available to data subjects under applicable data protection law, including the General Data Protection Regulation (GDPR) for persons in the European Economic Area, the UK GDPR for persons in the United Kingdom, and the California Consumer Privacy Act (CCPA) for persons in California.

Users are additionally advised that all transaction data recorded on the Hedera Hashgraph distributed ledger is publicly visible, permanently immutable, and cannot be deleted or modified by BetsWave. The Privacy Policy does not govern on-chain data, which is an inherent characteristic of blockchain infrastructure.

10.9. Platform Compliance Reference

BetsWave's responsible usage commitments, eligibility verification requirements, and platform access controls are set out in full in Section 7 of this document and in the Platform Terms of Service. By accessing the platform, users confirm that they meet the applicable eligibility requirements, that they are not accessing from an excluded territory, and that they agree to be bound by the platform's responsible usage policy as set out in the Platform Terms of Service.

BetsWave has engaged independent legal counsel to advise on matters relating to the characterization of WAVE Tokens and ORCA NFTs and the platform's compliance framework. The engagement of legal counsel reflects the company's commitment to regulatory diligence and good-faith compliance. Recipients of this document should nonetheless seek their own independent legal advice and should not rely on any advice obtained by BetsWave for their own purposes.

10.11. No Advice

Nothing in this document constitutes or should be construed as legal advice, financial advice, investment advice, tax advice, accounting advice, or any other form of regulated professional advice. BetsWave is not a law firm, financial advisor, investment advisor, tax advisor, or regulated professional of any kind. All participants make their own independent decisions regarding platform participation and bear sole responsibility for those decisions and their consequences.