Participation in the Silkecoin (SILKE) token sale, secondary market trading, or use of the Silkecoin platform involves significant risks. Prospective purchasers and users must carefully consider and accept the following risk factors before engaging with SILKE tokens:
No Investment Guarantee:
Silkecoin (SILKE) is a utility token designed to enable specific functionalities within the Silkecoin ecosystem, such as pizza order tracking, loyalty rewards, and governance participation. SILKE is not a financial instrument, security, equity, or investment contract. There is no assurance, promise, or guarantee that SILKE will appreciate in value or generate any financial returns.Market Volatility and Liquidity Risks:
Cryptocurrency markets are inherently volatile. The market value of SILKE tokens may experience significant fluctuations due to external market dynamics, demand shifts, technological developments, or broader economic factors. Additionally, liquidity is not guaranteed—exchanges may delist SILKE, and holders might face challenges converting tokens into fiat currency or other cryptocurrencies.Regulatory and Legal Risks:
The regulatory environment governing cryptocurrencies and utility tokens is continuously evolving worldwide. Changes in laws, regulations, or governmental policies may impact the legality, transferability, or functionality of SILKE tokens or the Silkecoin platform. Compliance with applicable AML/KYC and other regulations is continuously monitored, but future regulatory developments remain uncertain.Operational Risks:
The success of Silkecoin depends on effective execution of its business plan, including partnerships with pizzerias, platform development, user adoption, and regulatory compliance. Any failure or delay in these areas may adversely affect the project’s progress and token utility.Technical and Security Risks:
Silkecoin tokens operate on blockchain technology and smart contracts, which, despite rigorous audits and security measures, may still be vulnerable to software bugs, cyber-attacks, network failures, or other technical issues. These risks could potentially lead to loss or compromise of tokens or platform functionality.User Responsibility:
Token holders are solely responsible for the security of their private keys, wallets, and transaction credentials. Silkecoin and its team cannot recover lost or stolen tokens due to user negligence, loss of keys, or phishing attacks.No Warranty or Liability:
Silkecoin and its team make no warranties, representations, or guarantees regarding the future success, profitability, or safety of SILKE tokens or the Silkecoin ecosystem. All participation is at the user’s own risk.
By acquiring SILKE tokens or using Silkecoin services, you expressly acknowledge that you have read, understood, and accepted these risks. You should conduct your own thorough due diligence and consult qualified legal, financial, and tax advisors prior to any involvement.