Risk Disclosure Statement
WARNING: CRYPTO-ASSETS ARE HIGH RISK. The value of your crypto-assets may go down as well as up. You may lose all the money you spend.
1. General Risk Warning (ESMA/MiCA)
Crypto-assets are not regulated as financial instruments in many jurisdictions, but under the Markets in Crypto-Assets (MiCA) regulation, specific disclosures are required.
- No Consumer Protection: Crypto-assets are generally not covered by investor compensation schemes or deposit guarantee schemes.
- Volatility: The market for crypto-assets is immature and highly volatile. Prices can react violently to news, regulatory changes, or technical issues.
2. Liquidity Risk
There is no guarantee that there will be an active market for the NFTs you purchase. You may not be able to sell your assets effectively or at all. The Platform does not guarantee to buy back any assets.
3. Technical & Protocol Risks
- Blockchain Risks: The Platform runs on the Solana blockchain. We are not responsible for Mainnet congestion, block reorgs, or consensus failures.
- Smart Contract Risks: While reviewed, smart contracts may contain undiscovered bugs or vulnerabilities.
- Wallet Security: You are solely responsible for the custody of your private keys. Loss of keys results in permanent loss of assets.
4. Regulatory & Legal Risks
The regulatory landscape for crypto-assets is evolving. New laws (including tax laws) in your jurisdiction or internationally could negatively impact the use, transferability, or value of your assets.
5. Project Specific Risks
- Development Risk: The Platform is in active development. Features described in the roadmap may change or be delayed.
- Competition: Other platforms may emerge that offer superior features, reducing the demand for assets on this Platform.
BY PURCHASING ASSETS ON THIS PLATFORM, YOU CONFIRM THAT YOU HAVE READ, UNDERSTOOD, AND ACCEPTED THESE RISKS.