logo
en
en
enes
logo
en
en
enes

Risk Disclosure

Effective Date: 9.03.2024

 

Introduction

 

Poliada Ecosystem is a platform providing a utility token called PADA, along with tools such as an SDK and API to allow other games to integrate and offer their in-game resources for purchase using PADA, the main ecosystem token. We also offer a title game, Poliada: Tactics, built on the Poliada Ecosystem to showcase how these integrations work in practice. Within this ecosystem, players can earn PADA tokens, buy in-game resources, and purchase PADA for fiat or other cryptocurrencies to make in-game purchases.

Investing in cryptocurrency-related projects, including those within the Poliada Ecosystem, involves significant risks. Before making any investment, you should carefully consider the following risk factors and consult a financial advisor if necessary.

 

1. Market Volatility

 

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

 

2. Regulatory Risks

 

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

 

3. Technology and Security Risks

 

  • Technical Failures: The technology underpinning cryptocurrencies is new and evolving. There may be flaws, bugs, or vulnerabilities that could result in the loss of funds.
  • Cybersecurity Threats: Cryptocurrency networks and related platforms are subject to hacking, malware, and fraudulent activities. Unauthorized access to your digital wallet or private keys can result in irreversible loss of your assets.
  • Blockchain Delays and Failures: Transactions may be delayed or fail to process 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 at your desired price or within a reasonable timeframe. Market conditions can exacerbate liquidity issues, leading to significant price slippage or the inability to exit a position.

 

5. Operational Risks

 

  • Platform Reliability: Platforms (including exchanges, wallets, and the Poliada Ecosystem itself) may experience system failures, interruptions, or outages that could prevent you from accessing your account or executing transactions.
  • Third-Party Dependencies: Poliada Ecosystem and its users may rely on third-party service providers for certain functions. Failures or disruptions in these services could affect operations and your investments.

 

6. Legal and Compliance Risks

 

  • Jurisdictional Restrictions: Your ability to invest, trade, or participate in the Poliada Ecosystem may be limited by the 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 obligations. It is your responsibility to consult with tax professionals and comply with all relevant tax laws.

 

7. No Guarantee of Returns

 

There is no guarantee that your participation in Poliada Ecosystem projects or any associated cryptocurrency investment will be profitable. Past performance is not indicative of future results. You could lose all or part of your initial investment.

 

8. Risk of Loss of Access

 

Losing your private keys, passwords, or other security credentials may result in the permanent loss of your cryptocurrencies, including PADA. 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 you will be able to recover your funds.

 

10. Market Manipulation and Fraud

 

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