RISK DISCLOSURE

Before using [INSERT NAME OF PLATFORM] (the “Platform”), it is essential that you carefully consider the potential risks associated with cryptocurrency (the “cryptocurrency”, “virtual currency”, “digital currency”, “digital asset”). The volatile nature of the market and the unique characteristics of digital assets expose users to various risks. By proceeding to use our platform, you acknowledge and accept the risks mentioned in this document.

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central authority. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.

PURPOSE

The primary aim of this document is to outline and explain the risks that you, as a trader or investor, may face when engaging in cryptocurrency transactions. Our goal is to ensure that you are fully informed and prepared for the volatility and complexities of the cryptocurrency market. We strongly encourage you to read this Risk Disclosure Statement carefully. Understanding the risks involved in cryptocurrency trading is crucial for making informed decisions. This document will provide you with a comprehensive overview of the various risks, enabling you to assess your willingness and capacity to bear such risks.

By using the services offered through the Platform, you acknowledge that you have read, understood, and accepted the terms and risks outlined in this document. It is important to consider your financial circumstances, investment objectives, and risk tolerance before engaging in cryptocurrency investment or trading. If you have any doubts or require clarification, we recommend seeking advice from financial or legal experts.

1. MARKET VOLATILITY
   1. Cryptocurrency prices are notoriously volatile, subject to abrupt and unpredictable fluctuations. Influences such as market sentiment, regulatory developments, macroeconomic factors, and external events can significantly impact the value of digital assets. Cryptocurrency can offer significant profit opportunities due to market volatility. However, this same volatility can lead to substantial losses. It's important to understand that the value of cryptocurrencies can reduce to zero.
2. RISK OF LOSING ACCESS TO CRYPTOCURRENCY DUE TO LOSS OF PRIVATE KEY(S), CUSTODIAL ERROR OR PURCHASER ERROR
   1. A private key, or a combination of private keys, is necessary to control and dispose of cryptocurrency stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing cryptocurrency will result in loss of such cryptocurrency. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a digital wallet or vault service you use, may be able to misappropriate your cryptocurrency. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store cryptocurrency, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your cryptocurrency. Additionally, your failure to follow precisely the procedures for buying and receiving cryptocurrency, including, for instance, if you provide the wrong address for receiving cryptocurrency, may result in the loss of your cryptocurrency.
3. TECHNOLOGICAL AND PERFORMANCE RISK
   1. Cryptocurrency rely on blockchain technology, which carries inherent risks. These include vulnerabilities to mining attacks, cyber-attacks, software bugs, and disruptions due to internet connectivity issues. As the Cryptocurrency or Digital Asset ecosystem involves various blockchain networks and technologies, there is a risk associated with the interoperability between these different systems. Technical difficulties in cross-chain transactions or integrations can occur. Technological failures can lead to financial losses. Many Cryptocurrency transactions rely on third-party platforms or service providers. Operational failures, security breaches, or disruptions in these third parties can adversely affect investments.  The performance of digital assets can deviate from expectations due to technical issues, changes in consensus algorithms, or variations in network activity.
4. RISK OF HACKING AND SECURITY WEAKNESSES
   1. Hackers or other malicious groups or organizations may attempt to interfere with the Platform or Cryptocurrency in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing.
5. SMART CONTRACT EXECUTION RISK
   1. For digital assets utilizing smart contracts, risks are associated with the execution and functioning of these contracts. Flaws, bugs, or vulnerabilities in smart contracts can result in the loss or theft of assets.
6. ENVIRONMENTAL RISK
   1. Some digital assets, particularly those using proof-of-work consensus mechanisms, carry high energy consumption and environmental impact. This poses regulatory and social risks.
7. RISKS ASSOCIATED WITH UNCERTAIN REGULATIONS AND ENFORCEMENT ACTIONS
   1. The regulatory status of Cryptocurrency is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to such technology and its applications. It is likewise difficult to predict how or whether legislatures or regulatory agencies may implement changes to law and regulation affecting distributed ledger technology and its applications. Regulatory actions could negatively impact the Platform and Cryptocurrency in various ways. Platform may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction. Users may need to comply with changing regulatory requirements, including know-your-customer (KYC) and anti-money laundering (AML) protocols. 
8. RISKS ARISING FROM TAXATION
   1. The tax characterization of Cryptocurrency is uncertain. You must seek your own tax advice in connection with purchasing Cryptocurrency, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.
9. RISKS ASSOCIATED WITH THE DEVELOPMENT AND MAINTENANCE OF THE PLATFORM
   1. The Platform may undergo significant changes over time. Although we intend to follow the specifications set forth in Whitepaper, and will take commercially reasonable steps toward those ends, we may have to make changes to the specifications of Platform for any number of legitimate reasons. This could create the risk that the Platform, as further developed and maintained, may not meet your expectations at the time of purchasing Cryptocurrency. Furthermore, despite our good faith efforts to develop and maintain the Platform, it is still possible that the Platform will experience malfunctions or otherwise fail to be adequately developed or maintained, which may negatively impact the Platform and the potential utility of Cryptocurrency.
10. RISK OF DISSOLUTION OF THE COMPANY
    1. It is possible that, due to any number of reasons, such as the failure of commercial relationships, or intellectual property ownership challenges, the Platform may no longer be viable to operate and the Company may dissolve.
11. UNANTICIPATED RISKS
    1. Cryptographic currencies are a new and untested technology. In addition to the risks included in this document, there are other risks associated with your purchase, holding and use of Cryptocurrency. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this document.
12. CONTACT US
    1. Our support team is available to assist with any issues or concerns that users may encounter. You can contact us at [INSERT THE EMAIL ID/ADDRESS OF THE PLATFORM] .