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Risk Disclosure

Effective Date:9.03.2024

 

Introduction

 

Investing in cryptocurrency-related projects, such as Poliada World UAB's game with a crypto economy, involves significant risks. Before making any investment, you should carefully consider the following risk factors and consult with a financial advisor if necessary.

 

1. Market Volatility

 

Cryptocurrency markets are highly volatile. The value of cryptocurrencies and tokens can fluctuate dramatically over short periods, and prices may be affected by unpredictable events, including regulatory actions or market sentiment. You may lose all or a substantial portion of your investment.

 

2. Regulatory Risks

 

Cryptocurrencies and blockchain technologies are subject to varying degrees of regulatory oversight worldwide. Changes in laws, regulations, or governmental policies may adversely affect the use, transfer, exchange, and value of cryptocurrencies. Such changes may include restrictions, bans, or taxation.

 

3. Technology and Security Risks

 

  • Technical Failures: The technology underlying cryptocurrencies is new and evolving. There may be flaws, bugs, or vulnerabilities that could result in the loss of funds.
  • Cybersecurity Threats: Cryptocurrency networks are subject to cybersecurity risks, including hacking, malware, and fraud. Unauthorized access to your digital wallet or private keys can lead to irreversible loss of your assets.
  • Blockchain Delays and Failures: Transactions may be delayed or not processed due to network congestion, technical issues, or attacks on the blockchain networks.

 

4. Liquidity Risks

 

Cryptocurrencies and tokens may have limited liquidity, making it difficult to buy or sell them at desired prices or within a reasonable timeframe. Market conditions can exacerbate liquidity issues, leading to significant price slippage or inability to exit a position.

 

5. Operational Risks

 

  • Platform Reliability: Our platform may experience system failures, interruptions, or outages that could prevent you from accessing your account or executing transactions.
  • Third-Party Dependencies: We may rely on third-party service providers for certain functions. Failures or disruptions in these services can impact our operations and your investments.

 

6. Legal and Compliance Risks

 

  • Jurisdictional Restrictions: Your ability to invest may be limited by laws and regulations in your country of residence. You are responsible for understanding and complying with all applicable laws.
  • Tax Obligations: Cryptocurrency transactions may have tax implications, including income tax, capital gains tax, or other taxes. It is your responsibility to consult with tax professionals and comply with tax laws.

 

7. No Guarantee of Returns

 

There is no assurance that your investment will be profitable. Past performance is not indicative of future results. You may lose all or part of your initial investment.

 

8. Risk of Loss of Access

 

Loss of your private keys, passwords, or other security credentials may result in the permanent loss of your cryptocurrencies. We are not responsible for such losses.

 

9. Lack of Insurance

 

Unlike funds held in bank accounts or some traditional financial institutions, cryptocurrency assets are generally not insured. In the event of loss or theft, there is no guarantee that you will be able to recover your funds.

 

10. Market Manipulation and Fraud

 

Cryptocurrency markets may be susceptible to manipulation by individuals or groups. Fraudulent schemes, misinformation, and deceptive practices can lead to significant losses.