⚠️Risk warning and disclaimer

Risk Warning

There are various risks involved in the development, maintenance and operation of ArenaPlay, many of which are beyond the control of the ArenaPlay developers. In addition to the other elements described in this white paper, participants are asked to be fully aware of, and agree to accept, the following risks.

Market Risk

The price of APC is inextricably linked to the overall digital currency market situation. If the overall market situation is depressed or there are other uncontrollable factors, ArenaPlay itself may remain undervalued for a long time even though it has a good outlook.

Regulatory Risks

Due to the early stage of blockchain development, there are no global regulatory documents related to the front-end requirements, transaction requirements, disclosure requirements, lock-up requirements, etc. in the fundraising process. These factors may have an uncertain impact on the development and liquidity of the project. Blockchain technology has become the primary target of regulation in major countries around the world, and ArenaPlay may be affected by regulatory entities that intervene or exert influence, such as laws that restrict its use, and ArenaPlay may be restricted, hindered or even terminated outright.

Competition Risk

There are many projects in the blockchain field, and the competition is very fierce, and there is strong market competition and project operation pressure. whether ArenaPlay can stand out among many outstanding projects and be widely recognized depends on its own team ability and strategic planning, as well as the influence of many competitors and even oligarchs in the market, and there is a possibility of vicious competition.

Risk of Brain Drain

ArenaPlay has gathered a team of dynamic and strong talents, attracting veteran blockchain practitioners and technical developers with extensive operations. In the future, we do not rule out the possibility of core personnel leaving or conflicts within the team that could negatively affect ArenaPlay as a whole. Project Technical Risks The accelerated development of cryptography or technological developments such as quantum computers may bring the risk of cracking to the ArenaPlay platform, which may result in the loss of ArenaPlay data. Vulnerabilities may arise during project updates and will be fixed as they are discovered, but there is no guarantee that they will not have any impact. Other risks not currently known In addition to the risks mentioned in this whitepaper, there are also risks that the founding team has not yet mentioned or not yet anticipated. In addition, other risks may arise unexpectedly or as a combination of the risks already mentioned. Participants are urged to fully understand the team's background and the overall framework and thinking of the project before making a decision to participate.

Disclaimers

This document is for informational purposes only and its contents are for informational purposes only and do not constitute any recommendation, solicitation or offer to buy or sell shares or securities in ArenaPlay or its related companies. This document does not constitute nor is it understood to provide any offer to buy or sell, nor is it a contract or promise of any kind. In light of unforeseen circumstances, the objectives set forth in this white paper are subject to change. While the team will make every effort to achieve all of the goals of this white paper, all purchases of ArenaPlay by individuals and groups will be made at their own risk. The content of the document may be adjusted accordingly in new versions of the white paper as the project progresses, and the team will make updates available to the public by posting announcements on the website or in new versions of the white paper. This document is intended for the sole purpose of communicating information to specific audiences who have volunteered information about the program and does not constitute any future investment guidance, nor is it a contract or promise of any kind. ArenaPlay expressly disclaims liability for direct or indirect losses incurred by participants including.

a. By participating in the ArenaPlay distribution program, participants understand and accept the risks of the program and are willing to personally assume all consequences thereof. The program team expressly disclaims any promise of reward or liability for any direct or indirect losses resulting from the program.

b. ArenaPlay is a virtual numeric code used in the transaction and does not represent an equity, revenue or control interest in the project.

c. Due to the uncertainty of digital currencies (including but not limited to: the general environment of the regulation of digital currencies in different countries, the incentive competition of the industry, the technical vulnerability of digital currencies themselves), we cannot guarantee the success of the project, and there is a certain risk of failure of the project, and the ArenaPlay of the project also has the risk of going to zero.

d. Although the team will try to solve the problems that may be encountered in the process of project promotion, there are still policy uncertainties in the future, so you must understand all aspects of blockchain before supporting it and participate rationally with a full understanding of the risks.

The team will strive to achieve the goals mentioned in the documentation, but based on the existence of force majeure, the team cannot make a full commitment. To the maximum extent permitted by applicable law, the team will not be liable for damages and risks arising from participation, including but not limited to direct or indirect personal damages, loss of business profits, loss of business information or any other economic loss.