You must have NO expectation of profit from the work of others. Like at all!
There is no common enterprise or entrepreneurial effort by anyone for anyone to expect promotion of this project or any third party involvement.
Users generate their own keys, no one else has keys to give them. For PulseDogecoin, claims don't actually take anyone else's database values, they just add or subtract more or less database values based on the system's Merkle claim verification as specified in the open source smart contract code. Same can be said about PulseDogecoin to ASIC Token transformation function. PulseBitcoin's smart contract "mining" functionality is specified to "burn" but operate such that it "stores" the ASIC Token(s) (locks for 30, 24-hour days). User's will receive back their submitted ASIC Token(s) which will only become available after the 31st day from when the miner began, minus the specified mining fee, paid in ASIC Token (which is sent to a burn address that cannot be accessed by anyone). The ASIC Token Miner (ATM) functionality (only available for the first 30 days) allows user's to submit various ERC-20 Tokens in exchange for points. These points do not have real world value outside the PulseBitcoin/ASIC Token ecosystem unless users create it by their own doing. These points can then be redeemed after the first 30 days for ASIC Token(s), which may or may not have value. All Token/Coin values are subject to free market valuations and should not be expected to have ANY value, similar to Bitcoin. These are not financial securities. PulseBitcoin, ASIC Token, PulseDogecoin, or anything else created by the founder are NOT companies, corporations, or securities. There shall be NO expectations of work or profit from others!
The design and launch of these tokens are, to the best of my ability and knowledge, not done so in any illegal or unlawful way. If at any point in time these Token(s) are deemed securities by specifically the United States Securities and Exchange Commission (SEC) expect full cooperation and compliance in order to abide by all United States laws.
Again, though these projects are designed to be decentralized and not dependent upon any single individual, company, corporation, or otherwise it is highly important for all individuals voluntary participating or marketing to follow and abide by the the securities laws of the United States and it's government legislation around financial securities enforcement and operation.
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If you can, learn to code; or have the smartest coder or computer scientist you can find read over the code you plan to execute.
Blockchains, Smart contracts, Meme coins, and Cryptocurrencies, are all cutting edge technologies, and as such, there is always risk, however small, of TOTAL failure. Software is HARD. Computers are HARD. Distributed software on distributed computers is even HARDER. It's a miracle this stuff works at all. Strong cryptography seems unlikely to be broken, but if it is, everything digital accessible to the internet will probably be broken as well.
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The Howey Test ( https://www.google.info/search?q=Howey+test)
The Howey test defines what U.S. federal securities laws apply to, which the SEC administers. Wherever possible you agree there is no investment of money. Wherever possible you agree there is no common enterprise.
Cryptocurrencies are extremely volatile.
- Bitcoin went from a ~$0.01 to $32, then it crashed 94%.
- Bitcoin then went from $2 to $270 then crashed 81%.
- Bitcoin then went from $51 to $1200 then crashed 86%.
- Bitcoin then went from $164 to $20,000, then crashed 84%.
- Bitcoin then went from $3150 to $14,000 and crashed 72%.
- Bitcoin then went from $3,900 to $68,900 and has crashed so far 77%.
And that's the most liquid, oldest cryptocurrency in the world. Nearly every crypto currency drops 85% to 95%+ at some point.
Some get back up and make new all time highs while other don't.
This is important to understand because just like the value of Pokémon cards, Gold, or Real Estate it fluctuates based on free market demand for the item.
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Website Terms, Conditions, and Disclaimer:
1. Terms
By accessing this website, accessible from https://pulsedogecoin.com, https://pulsedoge.com, https://pulsedoge.info, https://pulsedogecoin.app, https://pulsebitcoin.com, https://pulsebitcoin.app or https://pulsebitcoin.com, https://ASICToken.com, or any other ULR shared by the founder or linked by any of the websites named, you are agreeing to be bound by these Website Terms and Conditions of Use and agree that you are responsible for the agreement with any applicable local laws.
If you disagree with any of these terms, you are prohibited from accessing this site. The materials contained in this Website are not protected by copyright and trade mark law.
2. Use License
Permission is granted to temporarily download one copy of the materials on PulseBitcoin's Website for personal, non-commercial transitory viewing only.
This is the grant of a license, not a transfer of title, and under this license you may not: modify or copy the materials; use the materials for any commercial purpose or for any public display; attempt to reverse engineer any software contained on PulseBitcoin's Website; remove any copyright or other proprietary notations from the materials; or transferring the materials to another person or "mirror" the materials on any other server. This will let PulseBitcoin.com to terminate upon violations of any of these restrictions. Upon termination, your viewing right will also be terminated, and you should destroy any downloaded materials in your possession whether it is printed or electronic format.
3. Disclaimer
All the materials on PulseBitcoin's Website are provided "as is". PulseBitcoin makes NO warranties, may it be expressed or implied, therefore negates all other warranties. Furthermore, PulseBitcoin does NOT make any representations concerning the accuracy or reliability of the use of the materials on its Website or otherwise relating to such materials or any sites linked to this Website.
4. Limitations
PulseBitcoin or its suppliers will NOT be held accountable for any damages that may arise with the use or inability to use the materials on PulseDogecoin, ASIC Token, or PulseBitcoin's Website, even if PulseBitcoin or an authorize representative of this Website has been notified, orally or written, of the possibility of such damage. Some jurisdiction does not allow limitations on implied warranties or limitations of liability for incidental damages, these limitations may not apply to you.
5. Revisions and Errata
The materials appearing on PulseDogecoin's or PulseBitcoin's, or ASIC Token's websites may include technical, typographical, or photographic errors. PulseBitcoin will not promise that any of the materials in this Website are accurate, complete, or current. PulseBitcoin may change the materials contained on its Website at any time without notice. PulseBitcoin does not make any commitment to update the materials.
6. Links
PulseBitcoin has not reviewed all of the sites linked to its website(s) and is NOT responsible for the contents of any such linked site. The presence of any link does not imply endorsement by PulseBitcoin of the site. The use of any linked website is at the user’s own risk.
7. Site Terms of Use Modifications
PulseBitcoin, or any other founder controlled website may revise these Terms of Use for its Website at any time without prior notice. By using this Website, you are agreeing to be bound by the current version of these Terms and Conditions of Use.
8. Your Privacy
Please read our Privacy Policy.
9. Governing Law
Any claim related to PulseBitcoin's Website shall be governed by the laws of Pa without regards to its conflict of law provisions.
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*LEGAL DISCLAIMER*
1. Risks related to the use of PulseBitcoin's "User Chosen Software Assister"
PulseBitcoin, or anyone related to the open source project will NOT be responsible for any losses, damages or claims arising from events falling within the scope of the following five categories:
Mistakes made by the user of any cryptocurrency-related software or service, e.g., forgotten passwords, payments sent to wrong coin addresses, and accidental deletion of PulseBitcoin "User Chosen Software Assister's. Software problems of the PulseBitcoin "User Chosen Software Assister" and/or any cryptocurrency-related software or service, e.g., corrupted PulseBitcoin "User Chosen Software Assister" file, incorrectly constructed transactions, unsafe cryptographic libraries, malware affecting the PulseBitcoin "User Chosen Software Assister" and/or any cryptocurrency-related software or service. Technical failures in the hardware of the user of any cryptocurrency-related software or service, e.g., data loss due to a faulty or damaged storage device. Security problems experienced by the user of any cryptocurrency-related software or service, e.g., unauthorized access to users' PulseBitcoin "User Chosen Software Assister's and/or accounts. Actions or inactions of third parties and/or events experienced by third parties, e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties.
2. Trading and Investment risks
There is considerable exposure to risk in any crypto-currency exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing economic conditions that may substantially affect the price or liquidity of a currency. Investments in crypto-currency exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
3. Electronic Trading Risks
Before you engage in transactions using an electronic system, you should carefully review the rules and regulations of the exchanges offering the system and/or listing the instruments you intend to trade. Online trading has inherent risk due to system response and access times that may vary due to market conditions, system performance, and other factors. You should understand these and additional risks before trading.
4. Compliance with tax obligations
The users of the PulseBitcoin "User Chosen Software Assister" are solely responsible to determinate what, if any, taxes apply to their crypto-currency transactions. The owners of, or contributors to, the PulseBitcoin "User Chosen Software Assister" are NOT responsible for determining the taxes that apply to crypto-currency transactions.
ALWAYS pay the taxes required/owed to your local and/or regional governments.
5. No warranties
The PulseBitcoin "User Chosen Software Assister" is provided on an "as is" basis without any warranties of any kind regarding the PulseBitcoin "User Chosen Software Assister" and/or any content, data, materials and/or services provided on the PulseBitcoin "User Chosen Software Assister"
6. Limitation of liability
Unless otherwise required by law, in no event shall the owners of, or contributors to, the PulseBitcoin "User Chosen Software Assister" be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the PulseBitcoin "User Chosen Software Assister" In no way are the owners of, or contributors to, the PulseBitcoin "User Chosen Software Assister" responsible for the actions, decisions, or other behavior taken or not taken by you in reliance upon the PulseBitcoin "User Chosen Software Assister"
7. Arbitration
The user of the PulseBitcoin "User Chosen Software Assister" agrees to arbitrate any dispute arising from or in connection with the PulseBitcoin "User Chosen Software Assister" or this disclaimer, except for disputes related to copyrights, logos, trademarks, trade names, trade secrets or patents.
8. Last amendment
This disclaimer was amended for the last time on September 20th, 2022. The Privacy Policy for PulseBitcoin can be found at PulseBitcoin's website, accessible from https://PulseBitcoin.com or any subdomain/redirect by the same domain owner of PulseBitcoin.com.
Credit for much of these Terms, Conditions, and Disclaimer information comes from HEX.COM's & PulseChain.com's included Terms, Conditions, and Disclaimer Policy. Thank you!
Copyright © 2022 PulseBitcoin - All Rights Reserved.