Risk Statement

Purchasing cryptographic tokens involves substantial risk and may lead to a loss of a substantial portion or the entire amount of the purchase price. Before purchasing any crypto tokens, prospective purchasers should carefully assess and take into account the risks, including those listed in any other documentation. No person should purchase cryptographic tokens for speculative purposes. Prospective purchasers should only purchase tokens if they fully understand the nature of these tokens.

The regulatory status of cryptographic tokens and digital assets is currently unsettled, varies among jurisdictions, and is subject to significant uncertainty. It is possible that, in the future, certain laws, regulations, policies, or rules relating to cryptographic tokens, digital assets, blockchain technology, or blockchain applications may be implemented which may directly or indirectly affect or restrict cryptographic token holders’ right to acquire, own, hold, sell, convert, trade, or use cryptographic tokens.

The uncertainty in tax legislation relating to cryptographic tokens and digital assets may expose cryptographic token holders to tax consequences associated with the acquisition, disposal, conversion, use, or trading of cryptographic tokens. Digital assets and related products and services carry significant risks. Potential purchasers should take into account all of the above and assess the nature of, and their appetite for, relevant risks independently and consult their advisers before making any decisions. You should consult a lawyer, accountant, tax professional, and/or other professional advisors before determining whether to purchase cryptographic tokens.