Airdrop Terms

Airdrop Terms and Conditions General text These Airdrop Event Terms & Conditions (Terms) govern the participation in and receipt of rewards, which may include the Talisman’s native token, SEEK (Token) or other rewards (collectively, Rewards) through the airdrop event program (Airdrop Event) organized by Talisman Internet Company, or a subsidiary (Talisman, we or us). By participating in the Airdrop Event, you (Participant) agree to be bound by these Terms. These Terms are supplemental to, and incorporate by reference, our general Terms of Service available at https://docs.talisman.xyz/talisman/about/terms-of-use (General Terms). Defined terms used but not defined herein have the meaning set forth in the General Terms. The Airdrop Event, and your participation in it, is a Service as defined under the General Terms. These Terms govern your ability to use our Services in order to participate in the Airdrop Event. You must read these Terms and the General Terms carefully, as they include important information about your legal rights. By participating in the Airdrop Event, you are agreeing to these Terms and the General Terms. If you do not understand these Terms and the General Terms, you should not participate in the Airdrop Event. If you do not agree to these Terms and the Airdrop Terms, you may not participate in the Airdrop Event. 1. Preamble

1.1. General statement

(a) By participating in the Airdrop Event (including but not limited to connecting a Wallet, utilising Talisman Services, owning certain non-fungible tokens, or other activities determined from time to time by Talisman) pursuant to the terms and conditions described herein, the Participant acknowledges that they have read, understood and agree to these Airdrop Event terms and conditions in their entirety. The Participant is responsible for making its own decision in respect of participation in the Airdrop Event and any receipt of Tokens or other Rewards. Any participation in the Airdrop Event is solely at the Participant’s own risk. It is the Participant’s sole responsibility to seek appropriate professional, legal, tax and any other advice in respect of the Airdrop Event and any receipt of Tokens or other Rewards prior to participating in the Airdrop Event and prior to receiving any Tokens or other Rewards.

(b) By participating in the Airdrop Event, the Participant expressly acknowledges and assumes all risks related thereto, including (without limitation), the risks set out below. In no event shall Talisman or any representative of Talisman be held liable in connection with or for any claims, losses, damages or other liabilities, whether in contract, tort or otherwise, arising out of or in connection with the Airdrop Event or the receipt of any Tokens or other Rewards.

(c) Talisman does not take any responsibility for the participation by any Participant in the Airdrop Event. Talisman does not provide any recommendation or advice in respect of the Airdrop Event, Tokens, or any other Rewards. Each Participant participates in the Airdrop Event at their own risk and receives Tokens or other Rewards at their own risk. (d) The Airdrop event does not constitute a sale of virtual assets to the public.

  1. Participation

2.1. You represent and warrant that any information provided during the Airdrop Event process is true, accurate and complete.

2.2. You agree and acknowledge that:

a. solely you are responsible and liable for all taxes due in connection with your participation in the Airdrop Event; and

b. you should consult a tax advisor with respect to the tax treatment of Rewards in your jurisdiction.

2.3. You agree and acknowledge that you are responsible for complying with all applicable laws of the jurisdiction in which you reside or in which you are participating in the Airdrop Event and claiming Rewards.

2.4. You agree that you are not:

a. a person who would otherwise, by virtue of not being of legal age to participate in the Airdrop Event, sanctions or other applicable legislation in your jurisdiction, be prohibited from accessing the services (Prohibited Person);

b. directly or indirectly acting on behalf of a Prohibited Person; or

c. located in or accessing the Services from a Prohibited Jurisdiction (as defined below). You agree that you will not use a virtual private network (VPN) or similar tool to circumvent any geo-blocking and/or other restrictions that we have implemented in connection with the Airdrop Event. Any such deliberate circumvention, or attempted circumvention, of our controls may permanently disqualify you from participation in the Airdrop Event, as determined in our sole discretion.

2.5. You agree and acknowledge that your participation in the Airdrop Event does not violate any applicable laws, including without limitation applicable economic and trade sanctions and export control laws and regulations, such as those administered and enforced by the EU, OFSI, OFAC, the U.S. Department of State, the UN Security Council, the UK (including as extended to the Cayman Islands by statutory instrument), the Cayman Islands, and other relevant authorities to you and/or your activities.

2.6. You agree and acknowledge that Talisman reserves the right to require additional information from you and to enter, use, or share such information into or with a Screening Service Provider (as defined below), and its systems, tools, or functionalities, as Talisman deems appropriate in its sole discretion, including to reduce the risks of money laundering, terrorist financing, proliferation financing, sanctions violations, or other potentially illicit activity, or as otherwise necessary to address laws and regulations that may be relevant to the Airdrop Event or the Rewards. You agree to provide complete and accurate information in response to any such requests. You agree and acknowledge that Talisman is not responsible and cannot be held liable for any losses, expenses, or delays resulting from inaccurate or incomplete information, and you agree to assume full responsibility for any and all risks associated therewith.

2.7. You agree and acknowledge that your participation in the Airdrop Event and claim of Rewards does not require or involve any form of purchase, payment, or tangible consideration from or to us, nor otherwise require or involve any acceptance of value by us from you. You agree and acknowledge that you:

a. lawfully may receive tokens, including SEEK, for free via the Airdrop Event (other than gas fees or applicable taxes, if any, that may be due to third parties);

b. were not promised the Rewards or any tokens (whether via the Airdrop Event or otherwise); and

c. took no action in anticipation of, or in reliance on, receiving the Rewards or any tokens, the occurrence of an Airdrop Event, or potential participation in any Airdrop Event.

2.8. Your eligibility to receive Rewards, or participate in the Airdrop Event is subject to our sole discretion. The Airdrop Event shall be conducted during a specified period, as determined by Talisman in its sole discretion (the Airdrop Event Period) and Participants must claim their Rewards and accept the Terms (Redemption Submission) between the commencement of the Airdrop Event Period and the date specified by Talisman for Redemption Submission within the Airdrop Event Period (Redemption Submission Period). Rewards will be distributed to eligible Participants who made a Redemption Submission during the Redemption Submission Period.

2.9. You agree and acknowledge that you are not entitled to receive Rewards and/or to participate in the Airdrop Event based on any documentation, commentary, calculators, metrics, and/or points systems published or otherwise made known by third parties monitoring activities or providing third-party applications or services relating thereto (Third-Party Publications and Services). You have no claim to Rewards based on such Third-Party Publications and Services. Talisman does not review, control, monitor, or confirm the accuracy of information that may be provided through Third-Party Publications or Services. You agree and acknowledge that you have not engaged, and will not engage, in any activities designed to obtain Rewards, including on the basis of, or in reliance on, Third-Party Publications and Services.

2.10. You agree that you are the legal owner of the Airdrop Event Address (as defined below) that you will use to access or participate in the Airdrop Event and the Services and you will not sell, assign, or transfer control of such address or any Rewards to third parties to circumvent any lock-up period or to knowingly redistribute Rewards to a person, IP Address (as defined below), or Airdrop Event Address (as defined below) that would violate these Terms if claimed directly by such person, IP Address, or Airdrop Event Address.

2.11. To participant in the Airdrop Event, you must connect an eligible Airdrop Event Address (as defined below) and/or connect a compatible third-party digital wallet (Wallet). Failure to provide and connect an eligible Wallet may result in the forfeiture of Rewards. There may be technical limitations, delays, and/or transaction fees due or payable to third parties to receive and/or claim Rewards through your Wallet.

2.12. By using a Wallet, you agree that you are using the Wallet in accordance with any terms and conditions of an applicable third-party provider of such Wallet. Not all Wallets are maintained or supported by, or associated or affiliated with, Talisman. When you interact with the Airdrop Event or other Services, as between Talisman and you, you retain control over your digital assets at all times. We do not control digital assets, including the Rewards, in your Wallet, and we accept no responsibility or liability to you in connection with your use of a Wallet. We make no representations or warranties regarding how the Airdrop Event or other Services will operate with, or be compatible with, any specific Wallet. The private keys necessary to access and/or transfer the digital assets held in a Wallet are not known or held by Talisman. Any third party that may gain access to a Participant’s login credential, private key, or third-party cloud or storage mechanism for such information may be able to misappropriate Rewards and/or other digital assets held by a Participant. Talisman has no ability to help you access or recover your private key and/or seed phrase for your Wallet. As between you and Talisman, solely you are responsible for maintaining the confidentiality of your private key, and solely you are responsible for any transaction signed with your private key. Talisman is not responsible for any loss associated with the Participant’s private key, digital wallet, vault, or other storage mechanism.

2.13. You agree and acknowledge that if you are unable to receive Rewards due to technical bugs, gas fees, wallet incompatibilities, loss of access to a wallet or the key thereto, or for any other reason, you will have no recourse or claim against Talisman or any Talisman related party. In any such cases, neither Talisman nor any Talisman-related party will bear any liability.

2.14. You agree and acknowledge that participation in the Airdrop Event may require interaction with, reliance on, or an integration with third-party products or services (e.g., a wallet or a network) that we do not control. In the event that you are unable to access such products, services, or integrations, or if they fail for any reason, and you are unable to participate in the Airdrop Event or receive Rewards as a result, you will have no recourse or claim against us or any Talisman Person, and neither we nor any Talisman Person bear(s) any responsibility or liability to you.

2.15. You agree and acknowledge that your participation in the Airdrop Event is at your own risk. You agree and acknowledge that you have carefully reviewed, read, and understood the Risk Factors below.

2.16. Without limiting any terms in the General Terms you agree that you shall defend, indemnify, and hold Talisman and Talisman Persons harmless from and against any and all claims, actions, proceedings, investigations, demands, suits, costs, damages, losses, liabilities and expenses (including attorneys’ fees and costs, and fines or penalties imposed by any regulatory authority) incurred by Talisman or Talisman Persons arising out of or in connection with:

a. your use of, or conduct in connection with, the Airdrop Event;

b. your breach or our enforcement of these Terms; or

c. your violation of any applicable law, regulation, or rights of any third party.

If you are obligated to indemnify Talisman or any Talisman related party hereunder, then you agree that Talisman (or, at its discretion, the applicable Talisman related party) will have the right, in its sole discretion, to control any action or proceeding and to determine whether Talisman wishes to settle, and if so, on what terms, and you agree to fully cooperate with Talisman in the defence or settlement of such claim. Your obligations under this indemnification provision will continue even after these Terms have expired or been terminated.

2.17. Any Talisman related party not being a party to these Terms and the General Terms, may enforce any rights granted to it pursuant to these Terms, and/or the General Terms, in its own right as if it were a party to those Terms and General Terms. Except as expressly provided in this paragraph, a person who is not a party to the Terms and the General Terms shall not have any rights under the Contracts (Rights of Third Parties) Act (as amended) to enforce any term of these Terms and/or the General Terms. Notwithstanding any term of these Terms and/or the General Terms, the consent of or notice to any person who is not a party to the Terms and the General Terms shall not be required for any termination, rescission or agreement to any variation, waiver, release or settlement under the Terms and General Terms at any time.

  1. Eligibility

3.1. Talisman, in its sole discretion, shall determine the eligibility criteria for participation in the Airdrop Event, including the amount of Rewards to be distributed to eligible Participants that satisfy certain criteria. Different eligible Participants may receive different amounts of Rewards in any particular distribution of Rewards, depending on the criteria set forth by Talisman for such distribution. Talisman shall have no obligation to notify actual or potential Airdrop Event participants of the eligibility criteria for the Airdrop Event prior to, during, or after participation is opened for such Airdrop Event.

3.2. Talisman reserves the sole and absolute right to disqualify any Participant or potential Participant it deems ineligible for participation in the Airdrop Event (be it under these Terms or by having determined that Participant engaged in any conduct that Talisman considers harmful, unlawful, inappropriate, or unacceptable). Such disqualification may be appropriate if Talisman determines, in its sole discretion, for example, that a Participant may have used multiple addresses to obscure its identity or location or to attempt to game, cheat, or hack the Airdrop Event or Rewards.

3.3. Participant has full legal capacity and authority to bind and agree to the Terms. Participant is at least 18 years of age. If Participant is acting as an employee or agent of a legal entity, and enters into the Terms on behalf of the entity, Participant represents and warrants that Participant has all necessary rights and authorizations to do so.

3.4. Talisman may deny, in its sole discretion, any person, internet-protocol address (IP Address), or digital-asset or protocol address (Airdrop Event Address) access to the website located at [insert website address] (the Website) (or otherwise exclude such person, IP Address, or Airdrop Event Address from participating in the Airdrop Event) based on data from Talisman’s Screening Service Provider when such data indicates such person, IP Address, or Airdrop Event Address may present heightened risks. In addition, Talisman uses VPN and proxy detection tools to identify and block attempts to access our Services from restricted jurisdictions using such technologies. If you attempt to participate in the Airdrop Event while using a VPN, proxy, or similar tool to circumvent our geo-blocking controls, your access may be denied, and your participation in the Airdrop Event may be permanently disqualified at our sole discretion.

3.5. By using the Services and participating in any Airdrop Event:

a. you agree and acknowledge that your Airdrop Event Address may be screened and excluded from participation in the Airdrop Event, at our sole discretion, if we detect threshold transactions between your Airdrop Event Address and another digital-asset, smart-contract, or protocol address associated with certain risk-exposure categories established by a Screening Service Provider.

b. you agree and acknowledge that your IP Address will be screened and excluded from participation in the Airdrop Event if our geo-location controls detect that you may be located in a

i. Sanctioned Jurisdiction;

ii. jurisdiction subject to heightened sanctions risks identified or enforced by certain countries, governments, or international authorities; or

iii. jurisdiction otherwise considered high risk with respect to the Airdrop Event or otherwise, including, but not limited to the United States, Cuba, Iran, Democratic People’s Republic of Korea, Syria, and certain Russian-occupied regions of Ukraine (collectively, Prohibited Jurisdictions).

You agree and understand that the Prohibited Jurisdictions are subject to change at our sole discretion without notice. 4. User Interface Disclaimer

4.1. There is only one website for participating in the Airdrop Event, which is the Website.

4.2. Use of the Website for participating in the Airdrop Event is at the risk of the user. The Services are provided on an “as is” and “as available” basis. Talisman expressly disclaims all warranties of any kind, whether express, implied, or statutory, including the implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

4.3. Talisman makes no warranty that the Airdrop Event or the Services will meet your requirements or be uninterrupted, timely, secure, or error-free. Talisman makes no warranty that the results that may be obtained from access to or the use of Services will be accurate or reliable or that the quality of any products, services, applications, information, or other material accessed or obtained by you through the Services will meet your expectations.

4.4. By participating in the Airdrop Event or accessing the Services, you represent and warrant that you:

a. understand the risks inherently associated with using cryptographic and blockchain-based systems; and

b. have a working knowledge of the usage, storage, and intricacies of digital assets.

You further represent that you understand that markets for digital assets are highly volatile due to various factors, including adoption, speculation, technology, security, and regulation. You acknowledge and accept that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase or decrease dramatically at any time. You understand that anyone can create a token, including fake versions of existing tokens and tokens that falsely claim to represent certain projects, entities, or people, and you acknowledge and accept the risk that you or others may mistakenly seek to receive or trade those or other tokens. You acknowledge that Talisman is not responsible for any of these variables or risks and cannot be held liable for any resulting losses that you experience, including losses while accessing or using the Airdrop Event or the Services. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Airdrop Event and the Services. 4.5. You expressly understand and agree that Talisman will not be liable for any indirect, incidental, special, consequential, exemplary damages, or damages for loss of profits, including damages for loss of goodwill, use, or data or other intangible losses, whether based on contract, tort, negligence, strict liability, or otherwise, resulting from:

a. the participation in or the inability to participate in the Airdrop Event, or to access the Services;

b. the cost of procurement of substitute goods and services resulting from any goods, data, information, or services accessed or obtained or messages received or transactions entered into in connection with the Airdrop Event or the Services;

c. unauthorized access to or alteration of your transmissions or data;

d. statements or conduct of any third party in relation to the Services;

e. interruption or cessation of function related to any interface we provide, including the Website;

f. bugs, viruses, trojan horses, or the like that may be transmitted to or through any interface we provide, or the Website;

g. errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through any interface we provide, or the Website; or

h. any other matter relating to the Airdrop Event or the Services. 5. No Professional Advice and no Fiduciary Duties

5.1. All information provided on the Website or through the Airdrop Event or the Services, or otherwise provided by Talisman, is for informational purposes only and is not and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained on the Website or obtained through the Airdrop Event or the Services. Before you make any financial, legal, tax, or other decisions with respect to the Airdrop Event or the Services, you should seek independent, professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.

5.2. These Terms are not intended to, and do not, create or impose any fiduciary duties or obligations on Talisman or any associated entities. You acknowledge and agree that, to the fullest extent permitted by law, neither Talisman nor any Talisman Person, owe any fiduciary duties to you. Any duties that may otherwise exist at law or in equity are expressly disclaimed and waived.

  1. Limitation of Liability and Indemnification

6.1. You have reviewed with your professional legal, tax and other advisors as you deem necessary, and agree with the disclaimers, limitations of liability, and indemnification provisions in these Terms and the General Terms.

  1. Entire Agreement

7.1. These Terms and the General Terms contain the entire agreement between you and Talisman regarding the Airdrop Event and supersede all prior and contemporaneous understandings between the parties regarding the Airdrop Event. We may modify these Terms or the General Terms from time to time in which case we will update the “Last Revised” date at the top of the applicable Terms. The updated Terms will be effective as of the time of posting, or such later date as may be specified in the updated Terms. Your continued participation in the Airdrop Event after the modifications have become effective will be deemed your acceptance of the modified Terms.

  1. Severability

8.1. If any term, clause, or provision of these Terms is held to be illegal, invalid, void, or unenforceable (in whole or in part), then such term, clause, or provision shall be severable from the Terms without affecting the validity or enforceability of any remaining part of that term, clause, or provision, or any other term, clause, or provision in the Terms, which will otherwise remain in full force and effect. Any invalid or unenforceable provisions will be interpreted to affect the intent of the original provisions. If such construction is not possible, the invalid or unenforceable provision will be severed from the Terms, but the rest of the Terms will remain in full force and effect.

  1. Risk Factors

9.1. Receiving, using, transacting in, holding, purchasing and/or selling the Token involves a high degree of risk, including unforeseen risks that may not be included below. You should consult with your legal, tax, and financial advisors and carefully consider the risks and uncertainties described below, together with all of the other information in these Terms, before deciding whether to receive, use, transact in, hold, purchase, or sell the Token. If any of the following risks were to occur, the Token could be materially and adversely affected.

9.2. Risk relating to the Token:

a. No Market for the Token. There is currently no public market for the Token. A public market may not develop or be sustainable, and you may not be able to sell any Tokens received in connection with the Airdrop Event. Furthermore, Talisman cannot control how Token holders or third-party exchanges or platforms may support the Token, if at all. Even if a public market for the Token develops, such a market may be relatively new and subject to little or no regulatory oversight, making it more susceptible to fraud or manipulation.

b. Extreme Illiquidity. The depth and volume in any market for SEEK may be insufficient for you to sell without substantial price concessions.

c. Governance and Talisman: Over time, governance of Talisman is intended to transition to the broader community of the users, who may make governance decisions which could affect the value or functionality of the Tokens.

d. Inflation. Due to the nature and operation of blockchain protocols, the total amount of circulating SEEK could increase through inflationary staking rewards or a network upgrade. An increase in the quantity of SEEK, or inflation, could adversely impact you as a holder of SEEK.

e. Adverse Activities in Secondary Markets. Secondary market activities that are beyond the control of Talisman could develop that are adverse to your ability to use SEEK.

f. Experimental Features and Uses. SEEK may be upgradeable to have experimental features and uses. Future features and uses may prove not to be valuable, usable, or viable, and contributors may fail to adequately research and develop any such upgrades. Under current plans, and over time, Talisman may not have the ability to effectuate upgrades to implement new features and use cases.

9.3. Risks relating to Legal and Regulatory

a. Risks of New & Evolving Laws and Regulations: There is significant risk surrounding the ongoing development of regulatory frameworks governing blockchain technology all over the world, and as the blockchain, crypto, and web3 industry continues to grow, Talisman expects regulatory scrutiny to increase across jurisdictions. Any restrictive or prohibitive legislation or regulation on blockchains or digital assets could impair the adoption of the Talisman Services and/or the use of SEEK and adversely affect market sentiment surrounding the Talisman Services and/or SEEK.

b. Risks of SEEK Being Deemed Securities. The U.S. Securities and Exchange Commission (SEC) and its staff have taken the position that certain tokens and/or certain transactions involving tokens fall within the definition of a “security” under the U.S. federal securities laws. In addition, in recent months, the SEC has brought enforcement actions against centralized crypto exchanges offering staking arrangements, often called staking-as-a-service, that it contends constitute securities. The legal test for determining whether any given token or transaction is a security is a highly complex, fact-driven analysis that evolves with U.S. case law and developments over time, and the outcome(s) or conclusion(s) of any such legal analysis may be uncertain or evolve in ways that are difficult to predict. The SEC generally does not provide advance guidance on or confirmation of whether any particular token or transaction is or may be a security. Furthermore, the SEC’s views in this area have evolved over time and it is difficult to predict the direction or timing of any continuing evolution. It is also possible that legislative or judicial developments or a change in the governing administration or the appointment of new SEC commissioners could substantially impact the views of the SEC and its staff. Further, certain tokens or transactions may be deemed to be other types of regulated financial instruments or transactions in the U.S.; or securities or other regulated financial instruments or transactions in other jurisdictions. As a result, certain tokens or transactions may be deemed to be “securities” or other regulated financial instruments or transactions under the laws of some jurisdictions but not others. This regulatory uncertainty is, in part, why the U.S. is a Prohibited Jurisdiction under these Terms and the General Terms. Various foreign jurisdictions may, in the future, adopt additional laws, regulations, or directives that affect the characterization of certain tokens or transactions as “securities” or other regulated financial instruments. The classification of a token or transaction as a security or regulated financial instrument under applicable law has wide-ranging implications for the regulatory obligations that could be imparted on Talisman, the Talisman Services, the Service users, or holders of SEEK, including obligations that could make the Talisman Services not viable to continue to operate or negatively impact the development, growth, and utilization of the Talisman Services and liquidity and market sentiment around SEEK.

c. Risk of Third-Party Illegal Activity. The Talisman Services and Token may be exploited to facilitate illegal activity including fraud, money laundering, gambling, tax evasion, sanctions evasion, and scams. If any third party uses the Talisman Services or SEEK to further such illegal activities, the legal and regulatory consequences of those activities could negatively impact the development, growth, and utilization of the Talisman Services and/or SEEK.

d. Risk of Sanctions Violations: Sanctions regimes are constantly evolving, and new laws and regulations may materially adversely affect the potential utility or value of Rewards. Abuses of the Talisman Services and failures or alleged failures to comply with these laws and regulations may expose the Talisman Services, Service users, Talisman, Talisman Persons and/or SEEK holders to reputational harm as well as significant penalties.

e. Risk of Entering into a General Partnership. It could be alleged that by holding SEEK or using SEEK to vote on governance proposals in relation to the Talisman Services, the holders of SEEK have entered into a general partnership, unincorporated association, or some other form of legal entity or association with other SEEK holders or a group of such holders. At least one court in the United States has found that certain holders of a governance token constituted an unincorporated association. If this were to be found or alleged with respect to the Talisman Services, holders of SEEK could be held responsible for the actions of the other members of the unincorporated association or general partnership, or the Talisman Services itself, and subject to up to unlimited liability with respect to those actions. Additionally, such an allegation could negatively impact market sentiment around the Talisman Services or SEEK and discourage participation in the Talisman Services or utilization of SEEK.

f. Risks Associated with the Tax Treatment of Digital Assets. Due to the new and evolving nature of digital assets and the absence of comprehensive legal guidance with respect to digital asset transactions, the taxation of digital assets is uncertain, and it is unclear what guidance may be issued in the future on the treatment of digital asset transactions for tax purposes. Guidance under, or changes in, the tax laws applicable to digital assets, including SEEK, or Talisman and/or its activities and transactions, either directly or through subsidiaries, could adversely impact the value of SEEK or your ability to use or engage in certain types of transactions with SEEK. Talisman or its subsidiaries may also have tax reporting obligations in various jurisdictions with respect to Rewards. You should consult a tax advisor with respect to the tax treatment of Rewards in your jurisdiction.

9.4. Operational Risks

a. Risks of Competition. The Talisman Services and the Token compete against a variety of existing products and platforms as well as likely new entrants into the market. Some of these current or future competing protocols and products may be subject to different regulatory regimes than Talisman, the Talisman Services, or SEEK that may facilitate broader or faster adoption such that they can outcompete the Talisman Services. Alternatively, other competitors may exercise different amounts of control over the protocol they design that allow for faster or broader adoption. Additionally, competitors may develop more successful protocols, applications, or tokens for a variety of other reasons, including but not limited to designing a more friendly user experience, offering more compelling incentives, attracting more developers and users to the protocol, creating a more sustainable token economic design, or taking a more permissive view of applicable law.

b. Risks of Security Weaknesses or Attacks. Cyberattacks and security breaches impacting Talisman Services, SEEK, or the Service users or third parties such as decentralized applications or crypto wallets that interact with the Talisman Services or SEEK, could cause you to lose SEEK, or adversely impact the Talisman Services or SEEK. The Talisman Services could be vulnerable in a variety of ways, including but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing, governance attacks, exploitable code, or any number of other currently known or novel methods of exploit. Additionally, as mentioned above, upgrades or changes to the Talisman Services or SEEK, which may be proposed, coded, and/or implemented by parties other than Talisman, could introduce new vulnerabilities to the Talisman Services or SEEK or otherwise have unintended or malicious adverse effects on the Talisman Services and/or SEEK.

c. Risk of Decentralized Operations. Coordinating operations and implementation of feature updates, new product launches, or community initiatives amongst a distributed community can result in inefficiencies and delays. Such inefficiencies and delays could create stagnation around new developments and improvements to the Talisman Services and could allow more centralized competitors to act more efficiently and outcompete the Talisman Services, resulting in decreased usage or negative sentiment around the Talisman Services and SEEK.

d. Unanticipated Risks. Cryptographic tokens and blockchain-based protocols are relatively new and untested technologies. SEEK, as well as the Talisman Services and its design concepts, algorithms, codes, and other technical details and parameters may be updated and changed. In addition to these risks, there may be other risks associated with your receiving, using, buying, transacting in, and/or holding SEEK, including those which we cannot anticipate or have not specifically enumerated here. Such risks may further materialize as unanticipated variations or combinations of the risks discussed. Further, new risks may be created as the Talisman Services and SEEK are developed (including by parties other than us) or third parties integrate SEEK or the Talisman Services into their products. No person, including Talisman has an ability or obligation to keep Participants informed of details related to development of the Talisman Services or SEEK. Lack of available information may create risk for you.

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