Degen Whitepaper
  • Overview
  • Roadmap
  • Tokenomics
    • Tokenomics De-Inflation System Explanation
  • Project Information
  • In-Game Systems
  • Additional Future Features
  • Appendix
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Appendix

Risk Warning Statement

Purchasing $DGN tokens and acquiring NFTs involves inherent risks. Please consider the following risk warning statement before engaging in transactions:

  1. Market Volatility: $DGN token and NFT values can be highly volatile and subject to rapid fluctuations. Market conditions, sentiment, regulations, and other factors may impact prices.

  2. Regulatory Risks: Regulatory changes could affect token and NFT legality, use, and value. Bans, restrictions, or unfavorable legislation may impact availability and trading.

  3. Technological Risks: Blockchain technology is complex and vulnerable to bugs, cyberattacks, and disruptions. Despite security measures, hacking and asset loss are possible.

  4. Smart Contract Risks: Smart contract flaws or exploits could lead to financial losses. Coding errors and vulnerabilities may compromise functionality.

  5. Liquidity Risks: Market liquidity may vary, especially during stress or low activity periods. Limited liquidity may affect trading ability and prices.

  6. Loss of Private Keys: Safeguarding private keys is crucial. Loss or unauthorized access may result in irreversible asset loss.

  7. Investment Risks: Investing carries risks, including potential capital loss. Past performance is not indicative of future results, and no guarantees of profits exist.

By purchasing $DGN tokens and/or acquiring NFTs, you acknowledge and accept these risks. Conduct thorough research, seek advice, and assess risk tolerance before transactions. This risk warning statement is integral to Degen's documentation.

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Last updated 1 year ago