# 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.
