> For the complete documentation index, see [llms.txt](https://whitepaper.silencio.network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.silencio.network/disclaimer/risks-and-important-information.md).

# Risks and Important Information

## It Is Expressly Highlighted That The $SLC Token:

* Does not have any tangible or physical manifestation, does not have any intrinsic value (nor does any person make any representation or give any commitment as to its value), and may lose its value in part or in full;
* Is non-refundable and cannot be exchanged for cash (or its equivalent value in any other virtual currency) or any payment obligation by Silencio, the BlockSound Foundation, the Distributor, or any of their respective affiliates, and may not always be transferrable or liquid;
* Does not represent or confer on the token holder any right of any form concerning Silencio, the BlockSound Foundation, the Distributor (or any of their respective affiliates), or its revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or license rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to the Silencio Platform, Silencio, the BlockSound Foundation, the Distributor and their service providers;
* Does not entitle token holders to any promise of fees, dividends, revenue, profits, or investment returns and are not intended to constitute securities in any relevant jurisdiction;
* Is not intended to represent any rights under a contract for differences or under any other contract, the purpose or pretended purpose of which is to secure a profit or avoid a loss;
* May not be exchangeable against the good or service described herein, especially in case of failure or discontinuation of the Silencio project;
* Is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme, or any other kind of financial instrument or investment;
* Is not a loan to Silencio, the BlockSound Foundation, the Distributor, or any of their respective affiliates, is not intended to represent a debt owed by Silencio, the BlockSound Foundation, the Distributor, or any of their respective affiliates, and there is no expectation of profit; and
* Does not provide the token holder with any ownership or other interest in Silencio, the BlockSound Foundation, the Distributor, or any of their respective affiliates.


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