Risk Disclosures
Risk Disclosures and Disclaimers
Last Updated: 23 March 2026
By using the Platform, you acknowledge you have read and accepted these disclosures. Read this in its entirety before using the Platform.
1. General Risks
1.1 No Investment Advice
The Company is not a broker, intermediary, agent, advisor, or fiduciary. No communication constitutes advice. You are solely responsible for your financial decisions.
1.2 Volatility and Loss
Digital Asset values can fluctuate significantly. You may lose your entire investment. Past performance is not indicative of future results.
1.3 Regulatory Uncertainty
Digital assets, prediction markets, and token launch platforms operate in rapidly evolving regulatory environments. Regulatory changes could materially affect the Platform, Services, or Digital Asset values. You are solely responsible for determining compliance with Applicable Laws in your jurisdiction.
1.4 Tax Liability
You are solely responsible for all tax obligations. The Company does not provide tax advice.
2. Blockchain and Smart Contract Risks
2.1 Smart Contract Vulnerabilities
Smart contracts may contain bugs, vulnerabilities, or exploitable flaws that could result in loss of funds. Code is immutable once deployed. The Company engages in security audits but cannot guarantee the absence of vulnerabilities.
2.2 Transaction Irreversibility
Blockchain transactions are irreversible. Errors cannot be corrected by the Company.
2.3 Network Risks
Networks may experience congestion, delays, forks, reorganisations, 51% attacks, or other disruptions. Gas fees fluctuate. The Company does not control blockchain networks.
2.4 MEV and Front-Running
Transactions may be visible in the mempool, exposing them to MEV attacks, front-running, and sandwich attacks. The Protocol does not include built-in MEV protection at the smart contract level. Slippage tolerance parameters are optional and user-configured.
2.5 Wallet Security
You are solely responsible for Wallet security. Loss of private keys means permanent loss of all assets in that Wallet.
3. Prediction Market Risks
3.1 Binary Outcome Risk
Contract positions are binary. You lose your entire position if the outcome resolves against you. No partial payouts for losing positions.
3.2 Resolution Risk
Contracts are resolved by the Market Owner, a Company-controlled Gnosis Safe multi-signature address. There is no decentralised oracle system. Resolution depends on the Market Owner correctly and timely calling the resolve function. Delays or errors may occur. The Market Owner key is secured via a Gnosis Safe multi-signature arrangement requiring 2 of 3 authorisations.
3.3 Emergency Refund
If a market is not resolved within 30 days of expiration, the Emergency Refund allows pro-rata collateral reclaim. May not result in full recovery.
3.4 AMM and Liquidity Risk
The CPMM determines pricing algorithmically. Low liquidity markets may have significant slippage. No guarantee of liquidity at any price level.
3.5 Self-Dealing Risk
The architecture permits the same address to create a market, hold positions, and resolve it. The Terms prohibit this, but smart contracts do not technically prevent it on-chain. Exercise appropriate caution.
3.6 Collateral Segregation
Each prediction market Contract holds its own collateral in a separate smart contract. There is no commingling of collateral across markets. However, all markets use the same factory contract for deployment, meaning a vulnerability in the factory could theoretically affect multiple markets.
4. Token Launchpad and Bonding Curve Token Risks
4.1 No Intrinsic Value
Bonding Curve Tokens have no intrinsic value. They are not backed by any asset, revenue stream, or enterprise. Tokens do not represent equity, ownership, governance rights, dividends, or revenue entitlement.
4.2 Asymmetric Fee Structure
Sell-side transactions incur a 1% Creator Fee. Breaking even on a round-trip trade requires the price to increase by at least the fee amount.
4.3 Graduation Risk
Post-graduation pricing differs fundamentally from bonding curve dynamics. You may experience sharp price declines, reduced liquidity, or inability to sell at expected prices.
4.4 Creator Risk
Token creators may abandon projects, rug-pull, misrepresent economics, or manipulate markets. The Company does not vet or endorse any token or creator. Conduct your own due diligence.
4.5 Market Manipulation
Token markets may be subject to pump-and-dump schemes, wash trading, and coordinated manipulation. Smart contracts do not prevent this on-chain. Small-cap tokens are particularly vulnerable.
5. Securities Law Notice
THIS SECTION CONTAINS IMPORTANT INFORMATION ABOUT THE REGULATORY STATUS OF BONDING CURVE TOKENS AND THE PLATFORM. READ IT CAREFULLY.
5.1 Potential Securities Classification
Bonding Curve Tokens created via the Token Launchpad may constitute securities or regulated financial instruments in certain jurisdictions. The Company makes no determination regarding the legal classification of any token.
5.2 US Law (Howey Test)
Under the test established in SEC v. W.J. Howey Co. (1946) and subsequent case law, an "investment contract" (and therefore a security) exists where there is (1) an investment of money, (2) in a common enterprise, (3) with an expectation of profits, (4) derived from the efforts of others. Bonding Curve Tokens may satisfy these criteria: users invest money to acquire tokens on a shared bonding curve (common enterprise) with the expectation that early entry and price appreciation will generate returns (expectation of profit), and the graduation mechanism, platform infrastructure, and creator activity may constitute the "efforts of others." The SEC has brought enforcement actions on substantially similar facts.
The Platform has not registered with the US Securities and Exchange Commission (SEC) as a securities exchange, broker-dealer, or alternative trading system (ATS). No token launched on the Platform has been registered under the US Securities Act of 1933. The United States is a Prohibited Jurisdiction.
5.3 EU Law (MiCA and Prospectus Regulation)
Under the EU Markets in Crypto-Assets Regulation (MiCA), the Token Launchpad may constitute a crypto-asset service (specifically, operation of a trading platform for crypto-assets or reception and transmission of orders). An offering of Bonding Curve Tokens to the public may require a crypto-asset white paper under MiCA Article 4. The Company is not authorised as a Crypto-Asset Service Provider (CASP) under MiCA. Key EU member states are listed as Prohibited Jurisdictions. EU users should not access or use the Platform for trading purposes.
Under the Digital Operational Resilience Act (DORA), entities providing crypto-asset services may be subject to ICT risk management, incident reporting, and operational resilience requirements. The Company monitors regulatory developments and will adapt its compliance posture as required.
5.4 UK Law (FCA Framework)
The FCA's cryptoasset classification framework distinguishes between security tokens, e-money tokens, and unregulated tokens. Bonding Curve Tokens with speculative characteristics and creator fee structures may be classified as security tokens or specified investments requiring FCA authorisation. The Company is not authorised by or registered with the FCA. The United Kingdom is a Prohibited Jurisdiction.
5.5 Law
Under applicable securities legislation, tokens may meet the definition of securities and trigger registration or licensing requirements. Regulatory guidance on token classification continues to evolve. The Company monitors regulatory developments across relevant jurisdictions.
5.6 No Offer or Solicitation
NOTHING ON THIS PLATFORM CONSTITUTES AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY SECURITY, FINANCIAL INSTRUMENT, OR INVESTMENT PRODUCT IN ANY JURISDICTION. NO REGULATORY AUTHORITY HAS EXAMINED, APPROVED, OR ENDORSED THESE TERMS, ANY DIGITAL ASSET, OR ANY TOKEN LAUNCHED ON THE PLATFORM.
5.7 Platform vs. Issuer Liability
The Company provides the technology platform. It is not an issuer, underwriter, distributor, or promoter of any Bonding Curve Token. Token creators bear sole and exclusive responsibility for compliance with securities laws, prospectus requirements, and investor protection obligations.
5.8 Secondary Market Activity
If a Bonding Curve Token graduates and trades on third-party DEXs, this constitutes secondary market activity that may trigger additional regulatory obligations. The Company does not control post-graduation secondary markets.
6. Custody Model Disclosure
Classification: Smart-contract custodied assets with Company-controlled resolution authority.
6.1 User Wallet Control
Users retain sole control of their private keys and Wallets at all times. The Company does not have access to, and cannot recover, user private keys.
6.2 Smart Contract Collateral
When users deposit collateral into prediction market Contracts or purchase Bonding Curve Tokens, the applicable smart contract holds the deposited assets. Each prediction market Contract is deployed as a separate smart contract with its own collateral; there is no commingling of collateral across markets. Bonding Curve Token reserves are held in the respective bonding curve smart contract.
6.3 Market Owner Resolution Authority
For Company-created prediction markets, the Market Owner is a Company-controlled Gnosis Safe multi-signature address requiring 2 of 3 authorisations. The resolution function can only be called by the Market Owner address. This authority constitutes operational control over the timing and outcome-based distribution of deposited collateral. It is not traditional custody (the Company does not hold, commingle, or have unrestricted access to user assets), but it represents a limited form of control that users should understand.
The Market Owner key is secured via a Gnosis Safe multi-signature arrangement requiring 2 of 3 authorisations. No single individual can unilaterally resolve a market.
6.4 Regulatory Classification
This custody arrangement may be classified differently under various regulatory frameworks. Under MiCA, the resolution authority may constitute "control" of crypto-assets triggering CASP authorisation requirements. Under US FinCEN guidance, the ability to trigger value transfer may constitute money transmission. Under FCA guidance, it may constitute custodial activity. The Company's Prohibited Jurisdiction designations are intended to limit exposure, but regulatory risk remains. The Company monitors regulatory developments and will adapt its custody model as required, including potential migration to decentralised oracle-based resolution.
7. Platform and Operational Risks
7.1 Geographic Restrictions
Geographic restrictions are enforced at the Interface level. Smart contracts have no geographic restrictions. Enforceability depends on Interface-level controls and contractual prohibitions.
7.2 Interface Risk
The Interface may experience downtime, bugs, or display errors. Prices displayed are estimates. The Company is not liable for Interface errors.
7.3 Third-Party Dependencies
The Platform relies on blockchain networks, wallet providers, RPC nodes, and other third-party infrastructure. Failures may affect your ability to use the Platform.
7.4 Hacking and Cyberattack Risk
The Platform may be targeted by hacking, phishing, DDoS, or other attacks. No system is immune. You are responsible for your own device security.
8. Third-Party and Cross-Platform Risks
8.1 Casino and Gaming Services
The Platform may link to affiliated gaming services (including ), governed by their own terms and gaming licences. The Company makes no representations about the safety, legality, or availability of these services. Use is at your own risk.
8.2 Linked Third-Party Services
The Company does not control, endorse, or guarantee any third-party service.
9. Acknowledgment
BY USING THE PLATFORM, YOU ACKNOWLEDGE AND AGREE THAT:
You have read and understood these Risk Disclosures in their entirety;
You are solely responsible for your actions, decisions, and use of the Platform;
You have conducted your own research, due diligence, and risk assessment;
The Platform, smart contracts, and Digital Assets are experimental and involve significant risk including total loss;
Token prices are speculative and volatile;
The Company does not provide legal, financial, tax, or investment advice;
You assume full responsibility for all risks;
You are responsible for ensuring compliance with Applicable Laws;
Bonding Curve Tokens may constitute securities in certain jurisdictions;
The Platform has not been approved by any securities regulator or financial authority.
IF YOUR USE OF THE PLATFORM IS PROHIBITED OR RESTRICTED BY APPLICABLE LAW, YOU MUST NOT ACCESS OR USE THE PLATFORM.