Risk Disclosure
Effective Date: March 31, 2026 · Toii Social LLC · [email protected]
Important: This Risk Disclosure is an integral part of the Gaokey Terms of Service. By using Gaokey, you acknowledge that you have read, understood, and accepted all risks described herein.
1. General Risk Statement
Blockchain technology, cryptographic assets, and decentralized identity systems involve substantial risks. These risks can result in the permanent, total, and irreversible loss of your assets. You should not use Gaokey unless you fully understand and accept these risks.
Toii Social LLC is a software company. We are not a financial institution, investment advisor, broker-dealer, or fiduciary. Nothing in Gaokey or its documentation constitutes financial, investment, tax, or legal advice.
2. Non-Custodial Risk
Gaokey is non-custodial. This means:
- You are solely responsible for your private keys. If you lose your private keys or seed phrase, your wallet and all associated assets are permanently and irrecoverably lost. There is no account recovery, no password reset, and no customer support escalation that can restore access.
- Toii Social LLC cannot help you recover a lost wallet. This is not a limitation of our support capacity — it is a fundamental property of non-custodial cryptographic systems.
- Backup is your responsibility. You must securely back up your seed phrase offline and in a location only you can access. Failure to do so creates a single point of failure.
3. Transaction Risk
- Transactions are irreversible. Once a transaction is broadcast to a blockchain network, it cannot be reversed, cancelled, or modified by any party, including Toii Social LLC.
- Sending to the wrong address is permanent. Cryptocurrency sent to an incorrect address is unrecoverable. Always verify recipient addresses before confirming any transaction.
- Network fees are non-refundable. Gas fees are paid to the network, not to Toii Social LLC, and are non-refundable regardless of transaction outcome.
- Smart contract risk. Interactions with smart contracts carry additional risk including contract bugs, exploits, and unexpected behavior. Toii Social LLC does not audit or endorse any smart contract.
4. Pre-Mainnet Software Risk
Gaokey is currently pre-mainnet software:
- The application has not been independently audited by a third-party security firm at the time of this disclosure.
- Software bugs, logic errors, or cryptographic vulnerabilities may exist and may not yet be known.
- Do not use Gaokey with real funds, assets of material value, or production-critical identity operations until an independent security audit has been completed and results published.
- Use on testnets and with test assets only.
An external security audit is planned prior to mainnet release. Audit completion and results will be announced publicly.
5. Key Management Risk
- Device loss. If you lose your device without a backup of your seed phrase, your wallet is permanently lost.
- Device compromise. If your device is compromised by malware, a bad actor with physical access, or a zero-day exploit, your keys may be at risk. Gaokey uses device-native secure storage (Secure Enclave on iOS, Android Keystore on Android), which provides strong but not unconditional protection.
- Passkey risk. Passkeys (FIDO2/WebAuthn) are device-bound. Loss of access to your registered device without a registered backup authenticator may result in loss of access to Passkey-protected resources.
6. Blockchain Network Risk
- Network outages. Blockchain networks may experience downtime, forks, or congestion that delays or prevents transactions.
- Protocol changes. Blockchain protocols are subject to change (hard forks, upgrades). These changes may affect the functionality of Gaokey or the assets held in your wallet.
- The Company does not own, control, or operate any blockchain network. We are not responsible for the availability, performance, or continuity of any blockchain network.
7. Regulatory Risk
- Cryptocurrency regulation is rapidly evolving. Laws governing the use, ownership, and transfer of cryptographic assets vary significantly by jurisdiction and are subject to change.
- Regulatory changes may affect your ability to use Gaokey or access your assets in certain jurisdictions.
- It is your responsibility to understand and comply with all applicable laws and regulations in your jurisdiction.
- Gaokey is not available to users located in jurisdictions subject to comprehensive U.S. government sanctions.
8. Market and Volatility Risk
- The value of cryptographic assets is highly volatile and may decrease substantially or go to zero.
- Past performance of any cryptographic asset is not indicative of future results.
- Toii Social LLC makes no representations regarding the value, stability, or future performance of any asset.
9. DID and Identity Risk
- Decentralized identifiers (DIDs) and associated identity credentials are controlled by the cryptographic keys on your device. Loss of keys results in loss of the associated DID.
- DID standards (W3C DID Core, related specifications) are evolving. Future changes to DID methods or resolver infrastructure may affect DID functionality.
- Toii Social LLC does not guarantee interoperability with all DID-compatible services.
10. x402 Payment Protocol Risk
- The x402 payment protocol is experimental and has not been independently audited at the time of this disclosure.
- Do not use x402 payment functionality with real funds until the protocol is independently audited and declared production-ready.
11. Limitation of Liability
To the maximum extent permitted by law, Toii Social LLC shall not be liable for any loss, damage, or claim arising from any risk described in this disclosure. Your use of Gaokey constitutes your unconditional acceptance of all risks described herein.
12. Updates to This Disclosure
This Risk Disclosure may be updated as the product evolves. Material updates will be communicated via in-app notification or an update to this page with a revised Effective Date.
Contact
Toii Social LLC — A Delaware Limited Liability Company
[email protected]