Please review the following information before using LaborCoin, participating in governance, or interacting with any associated smart contracts.
Participation in LaborCoin is voluntary. By using the LaborCoin ecosystem, users acknowledge that blockchain systems involve risks and that participation decisions are made at their own discretion.
LaborCoin is designed as a non-custodial system.
Users retain control of their own wallets, private keys, recovery phrases, and digital assets at all times.
LaborCoin does not take custody of user funds, maintain user accounts, hold user passwords, or control participant wallets.
Transactions are authorized directly by users through their own wallets and are executed on public blockchain infrastructure.
Because users maintain custody of their own assets, they are responsible for securing their wallets, protecting their recovery phrases, and reviewing transactions before approval.
LaborCoin is intended to operate as decentralized public infrastructure rather than a creator-controlled project.
Upon completion of deployment and launch, ownership, governance authority, treasury authority, and all operational control are intended to be transferred to the LaborCoin DAO and its verified participants.
The LaborCoin Creator does not intend to retain administrative control over the DAO, treasury, governance process, token distribution mechanisms, or smart contract systems after launch.
Smart contracts are designed to operate according to immutable on-chain rules and transparent governance procedures.
The LaborCoin Creator intends to remove themselves from DAO administration and governance privileges following launch, leaving decision-making authority to the community through the governance process.
The LaborCoin Creator does not intend to retain undistributed token allocations, founder allocations, privileged reserves, or special ownership rights following launch.
All remaining undistributed LABR intended for public circulation is intended to be transferred to the LaborCoin Exchange for public distribution according to the rules of the system.
The long-term objective is for LaborCoin to operate through transparent smart contracts and community governance rather than ongoing control by any individual, organization, or central authority.
LABR is a utility token used within the LaborCoin ecosystem.
LaborCoin does not guarantee profits, appreciation, income, dividends, yields, returns, or any other financial outcome.
No statement on this website should be interpreted as investment advice, financial advice, or a promise of future performance.
LaborCoin governance decisions are made through decentralized participation by eligible users.
Proposal outcomes, voting results, treasury decisions, and governance actions cannot be guaranteed.
Users may disagree with governance outcomes and should understand that participation does not guarantee any particular decision or result.
LaborCoin operates using blockchain infrastructure and smart contracts.
While transparency and security are important goals, all blockchain systems involve risk.
Risks may include:
No software system can be guaranteed to be completely free of defects or security risks.
Laws and regulations concerning digital assets, blockchain technology, and decentralized systems continue to evolve.
Regulatory requirements may change over time and may differ between jurisdictions.
Users are responsible for understanding and complying with the laws applicable within their own jurisdiction.
Users are solely responsible for the security and management of their own wallets and blockchain activity.
This includes:
Lost recovery phrases, lost private keys, or unauthorized transactions may not be recoverable.
Participation in LaborCoin does not create an employment relationship, partnership, agency relationship, fiduciary relationship, joint venture, or similar legal relationship between participants.
Participation is voluntary and users act independently when interacting with the LaborCoin ecosystem.
LaborCoin smart contracts operate on public blockchain infrastructure.
Transactions, governance actions, and treasury activity are publicly visible and independently verifiable on-chain.
Users are encouraged to review publicly available information and conduct their own research before participating.
LaborCoin is designed around public smart contracts, transparent rules, decentralized governance, and voluntary participation.
Users should participate only after understanding both the opportunities and the risks associated with blockchain-based systems.