> For the complete documentation index, see [llms.txt](https://d-war.gitbook.io/d-war-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://d-war.gitbook.io/d-war-docs/disclaimer-and-risk-notice.md).

# Disclaimer & Risks

This Whitepaper provides information about the purpose, functionality, and ecosystem structure of the D-WAR project and the DWAR token. It is not a prospectus, securities offering document, or contract, and does not constitute an investment recommendation or an offer or solicitation to buy or sell DWAR or any financial instrument. Nothing in this Whitepaper should be interpreted as investment, legal, or tax advice.

DWAR is designed as a utility token for accessing content and services, participating in projects and community activities, and receiving utility rewards within the D-WAR ecosystem. Acquiring or holding DWAR does not confer shares, equity, ownership interests, creditor rights, or dividend rights in the project or any associated entity. It does not confer any entitlement to distributions of business revenue, profits, or assets.

{% hint style="warning" %}
**Participation conditions and variable rewards**

Holding DWAR alone does not create an entitlement to interest, dividends, or rewards. Utility rewards are calculated for users who satisfy the applicable project participation conditions, under project-specific criteria relating to participation activities, contribution shares, and on-chain performance. The Reserve Pool is a token allocation structure used to administer user participation rewards, rather than a vehicle for managing investment funds or distributing business profits. Reward availability, amounts, and timing may vary according to applicable conditions and project operating outcomes and are neither fixed nor guaranteed.
{% endhint %}

Token appreciation, capital protection, redemption, exchange listings, and continued tradability are not guaranteed. Crypto-assets involve risks including significant price volatility, limited liquidity, smart contract vulnerabilities, network failures, hacking, loss of private keys, and regulatory changes. DWAR may lose all of its value or become impossible to sell, and users may lose some or all of the funds used to acquire it.

Roadmaps, service launch schedules, projected outcomes, and future plans reflect expectations as of the date of publication. They are not guarantees of results or binding commitments to deliver. They may change or fail to materialize due to development progress, technical constraints, operating conditions, or applicable laws. Charts, examples, and simulations are illustrative and do not guarantee actual performance or future rewards.

Users should review the latest official materials, project-specific terms, and relevant risks and make independent decisions. Service availability and eligibility to participate may vary according to jurisdiction and applicable conditions. Independent legal, tax, or financial advice should be sought where appropriate.


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