Terms and Conditions for LGEMZ (the "Token")

Effective Date: October 11, 2025

These Terms and Conditions ("Terms") govern your acquisition, holding, or interaction with the LoveGemz token (the "Token") on the Solana blockchain. By acquiring, holding, or interacting with the Token, you ("Purchaser" or "Holder") irrevocably accept and agree to be bound by these Terms. If you do not agree to these Terms, do not acquire, hold, or interact with the Token.

1. Nature of the Token

a. Entertainment Purpose Only: The Token is created and intended solely for entertainment, social interaction, and cultural purposes. It is conceived as a digital collectible or cultural token with no intrinsic value or expectation of profit.

b. Not a Security or Investment: The Token is expressly not a security, investment contract, or any form of financial instrument. It is not intended to be, and shall not be construed as, an investment opportunity, investment vehicle, or security under the laws of any jurisdiction.

c. No Expectation of Profit: By acquiring the Token, you acknowledge and agree that you have no expectation of profit or financial return from its ownership. You understand that no person, entity, or group involved in the creation, distribution, or promotion of the Token intends to make efforts to ensure you profit or receive a return.

d. No Functionality or Utility: The Token may have limited or no inherent functionality or utility within any application, platform, or ecosystem. Any future potential functionality is speculative and not guaranteed.

2. Risks Associated with the Token

a. Risk of Total Loss: You acknowledge and understand that acquiring, holding, or interacting with the Token involves substantial risks, including the risk of total and irreversible loss of all amounts paid. The value of the Token, if any, is extremely volatile and unpredictable.

b. No Guarantees of Value or Liquidity: There is no guarantee that the Token will maintain any specific value, or any value at all. There is no guarantee of liquidity or a market for the Token, and you may be unable to sell your Tokens when desired.

c. Market Volatility: The price of the Token can be subject to extreme fluctuations due to various factors, including market sentiment, regulatory changes, technological advancements, or changes in the broader cryptocurrency market.

d. Technological Risks: The Token exists on the Solana blockchain, which is subject to its own inherent risks, including network congestion, smart contract vulnerabilities, bugs, hacks, or cessation of operation. Transactions on the Solana blockchain are irreversible.

e. Regulatory Risks: The regulatory environment for cryptocurrencies, and particularly meme coins, is uncertain and constantly evolving. New regulations or governmental actions could negatively impact the Token and your ability to acquire, hold, or dispose of it.

f. Lack of Central Authority: The Token operates on a decentralized blockchain. There is no central authority, company, or team solely responsible for its maintenance, development, or support. While some individuals or groups may contribute, there is no guarantee of ongoing efforts.

g. "Rug Pull" Risk: You acknowledge the risk that individuals or groups involved in the Token's initial distribution or liquidity provision may withdraw liquidity ("rug pull"), leading to a drastic loss of value.

h. No Rights Conferred: Holding the Token does not grant you any rights, express or implied, including but not limited to, voting rights, governance rights, equity interests, or rights to receive future dividends or distributions from any entity or individual.

3. Eligibility and Representations

a. Legal Capacity: By acquiring the Token, you represent and warrant that you are of legal age in your jurisdiction and have the full legal capacity to enter into these Terms and perform all your obligations hereunder.

b. Compliance with Laws: You represent and warrant that your acquisition, holding, and interaction with the Token complies with all applicable laws and regulations in your jurisdiction, including but not limited to anti-money laundering (AML) and know-your-customer (KYC) requirements, if applicable.

c. Understanding of Risks: You represent and warrant that you have a sophisticated understanding of cryptocurrencies, blockchain technology, the Solana network, and the significant risks associated with the Token, as outlined in these Terms. You are acquiring the Token with full knowledge and acceptance of these risks.

d. No Reliance: You acknowledge that you have not relied on any statements, representations, or warranties, whether written or oral, made by anyone regarding the Token, its potential value, future prospects, or any other matter, except as expressly set forth in these Terms.

4. Indemnification

You agree to indemnify, defend, and hold harmless LGEMZ Token, its creators, contributors, developers, or any associated individuals or entities from and against any and all claims, demands, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with:

a. Your acquisition, holding, or interaction with the LGEMZ Token;
b. Your breach of these Terms;
c. Your violation of any applicable laws or regulations; or
d. Any misrepresentation made by you.

5. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL LGEMZ, ITS CREATORS, CONTRIBUTORS, DEVELOPERS, OR ANY ASSOCIATED INDIVIDUALS OR ENTITIES BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES) ARISING OUT OF OR IN CONNECTION WITH YOUR ACQUISITION, HOLDING, OR INTERACTION WITH THE TOKEN, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

6. No Class Action Waiver

You and LGEMZ (and its creators/associated entities) agree that any claims or disputes relating to these Terms or the Token shall be brought solely on an individual basis and not as a plaintiff or class member in any purported class, collective, or representative proceeding. This waiver of class actions is an essential term of these Terms, and if found unenforceable, then this entire Section 6 shall be unenforceable.

7. Miscellaneous

a. Governing Law: These Terms shall be governed by and construed in accordance with the laws of Lake County, Illinois, USA 

b. Dispute Resolution: Lake County, Illinois, USA - Any dispute arising out of or relating to these Terms shall be submitted to binding arbitration in Lake County, Illinois, USA in accordance with the rules of the Lake County Illinois Judicial Court.

c. Severability: If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that these Terms shall otherwise remain in full force and effect and enforceable.

d. Entire Agreement: These Terms constitute the entire agreement between you and LGEMZ Token (and its creators/associated entities) concerning your acquisition, holding, or interaction with the Token and supersede all prior or contemporaneous understandings and agreements, whether oral or written.

e. No Waiver: No waiver of any term or condition of these Terms shall be deemed a further or continuing waiver of such term or any other term, and the failure of LGEMZ Token to assert any right or provision under these Terms shall not constitute a waiver of such right or provision.

BY ACQUIRING, HOLDING, OR INTERACTING WITH THE LGEMZ TOKEN, YOU EXPRESSLY ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO THESE TERMS AND CONDITIONS.