Risk Warning

The Ark App does not act as your broker, intermediary, agent, or advisor. We do not provide investment or consulting advice. Decisions to buy, sell, or hold Digital Assets are your responsibility. Conduct due diligence and consult financial advisors as needed.

By using The Ark App, you acknowledge that you have read, understood, and accepted this Risk Disclosure Statement. If you do not agree with any part of this statement, please refrain from using the app. For any questions or concerns, please contact our support team at [Contact Information].

Technology/Security Risk

As a mobile platform, The Ark App is subject to various technological risks. Software bugs can disrupt functionality, causing unexpected behavior or crashes that hinder user experience. Hardware failures, whether on user devices or our servers, can result in data loss or temporary unavailability of the app.Despite robust security measures, The Ark App is not immune to hacking, phishing, or other unauthorized access attempts, which could compromise user data and privacy. Users are advised to take additional precautions, such as enabling two-factor authentication and using strong passwords, to protect their accounts. Users are also responsible for safeguarding their account credentials. The app may undergo updates or changes that could impact its functionality. Users should stay informed about any modifications that might affect their experience.

The app may also experience service interruptions due to maintenance, network issues, or unforeseen technical problems. These risks are inherent in any digital platform and may impact the reliability and security of The Ark App.

Social Interaction Risks

While The Ark App strive to maintain a respectful and supportive community for Christians, there is a risk of encountering inappropriate or harmful content because of the human nature. Users may face cyberbullying or harassment from other community members. This also encompasses the risk of users exploiting and probing into other users' shared privileged information for malicious purposes. We encourage reporting any such incidents to our support team and reframing from publishing sensitive information especially in any of our community platforms.

Operational Risk

The Ark App may undergo updates or changes that could impact its functionality. Users should stay informed about any modifications that might affect their experience. The Ark App wallet may also experience service interruptions due to maintenance, network issues, or unforeseen technical problems. These interruptions can affect users' ability to access or transact using their digital assets. However, users will be informed about maintenance and unforeseen technical problems as soon as they are discovered.

Use of Third-Party Services

The Ark App may integrate with third-party services for the effective running and servicing of our users. We do not control these services and are not responsible for their actions or content. Users should review the terms and risks associated with these third-party services. We will, however, try to ensure to the best of our ability that these third-party service providers minimize their risk.

Fraud and Scams

Users should be vigilant against fraud and scams, including phishing attempts and fraudulent schemes. Always verify the authenticity of communications and transactions to avoid potential losses. The Ark App will try to inform our users promptly of any security breaches that we are aware of to protect our users.

Limitation of Liability

The Ark App is provided "as is" without any warranties of any kind, express or implied. We do not guarantee the accuracy, reliability, or suitability of the wallet for any purpose. To the fullest extent permitted by law, The Ark App and its affiliates will not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from the use of our app.

Privacy and Data Security

Despite our best efforts to protect your personal information, there is a risk of data breaches or unauthorized access to user data. Personal and sensitive data, including religious preferences and social interactions, may be collected and processed. Users should understand how their data is used and stored.

Social Interaction Risks

While we strive to maintain a respectful and supportive community, there is a risk of encountering inappropriate or harmful content. Users may face cyberbullying or harassment from other community members. We encourage reporting any such incidents to our support team.

User Responsibility

Users are responsible for understanding the risks associated with using The Ark App and making informed decisions regarding their participation. The Ark App and our personnel will not be held liable for any of these decisions. Users must comply with all applicable laws and regulations when using the app.

Blockchain/Wallet-Specific Risks

Volatility: Blockchain technology and associated digital assets can be highly volatile. The value of digital assets may fluctuate significantly and lead to potential financial loss. The Ark App’s digital assets are stored in the wallet, which is subject to volatility, and their value may fluctuate significantly, leading to potential financial loss. Blockchain and cryptocurrency regulations are evolving. Changes in regulations may affect the functionality or availability of certain features within The Ark App.

Transactions conducted through the wallet are irreversible. Users should verify the accuracy of transaction details before proceeding, as errors cannot be corrected once a transaction is completed. Digital assets stored in the wallet can be highly volatile. Their value may fluctuate significantly, leading to potential financial loss. Transactions conducted through the wallet are irreversible. Users should verify the accuracy of transaction details before proceeding, as errors cannot be corrected once a transaction is completed.

The Ark App offers in-app swap and transfer, which may be susceptible to fraudulent schemes and scams. Users should be aware of the potential financial risks associated with purchasing digital goods or services. Be cautious of fraudulent schemes or scams that may occur within the app and always verify the legitimacy of any transaction or interaction.