The DAO Hackathon is an online competition hosted by Milkomeda Foundation. Projects will be evaluated by judges on their technological merits without consideration of legal viability. Participants in the Hackathon will create software solely for purposes of evaluation by judges as part of a competition and not for commercial deployment or release as part of the Hackathon. All participants must comply with applicable laws and regulations when releasing any software that they develop as part of the Hackathon.

The Hackathon ideas and developer resources that Milkomeda Foundation (“MF”) provides are for educational and inspirational purposes only. MF does not encourage, induce or sanction the deployment of any such applications in violation of applicable laws or regulations. MF does not encourage, induce or sanction the deployment, integration or use of any such applications (including the code comprising any relevant blockchain protocol) in violation of applicable laws or regulations and hereby prohibits any such deployment, integration or use. This includes use of any such applications by the reader (a) in violation of export control or sanctions laws of the United States or any other applicable jurisdiction, (b) if the reader is located in or ordinarily resident in a country or territory subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control (OFAC), (c) if the reader is or is working on behalf of a Specially Designated National (SDN) or a person subject to similar blocking or denied party prohibitions, or (d) in violation of the Commodities and Exchange Act.

The reader should be aware that U.S. export control and sanctions laws prohibit U.S. persons (and other persons that are subject to such laws) from transacting with persons in certain countries and territories or that are on the SDN list. As a project based primarily on open-source software, it is possible that such sanctioned persons may nevertheless bypass prohibitions, obtain the code comprising a blockchain protocol (or other project code or applications) and deploy, integrate, or otherwise use it. Accordingly, there is a risk to individuals that other persons using the blockchain protocol may be sanctioned persons and that transactions with such persons would be a violation of U.S. export controls and sanctions law. This risk applies to individuals, organizations, and other ecosystem participants that deploy, integrate, or use the blockchain protocol code directly (e.g., as a node operator), and individuals that transact on the blockchain through light clients, third party interfaces, and/or wallet software.

MF further represents that any monetary prizes awarded are awarded within the sole discretion of MF. Such a monetary prize is not an endorsement of the recipient nor the legality of the recipient’s code. All Hackathon participants understand and warrant that they are participating on a voluntary basis and that there is no expectation of monetary compensation for their participation in the Hackathon.