Disclaimer
The MetaEXP platform is currently in the initial development stages and there are a variety of unforeseeable risks. You acknowledge and agree that there are numerous risks associated with acquiring $MEXP, holding $MEXP, and using $MEXP for participation in the MetaEXP platform. In the worst scenario, this could lead to the loss of all or part of $MEXP held. IF YOU DECIDE TO ACQUIRE $MEXP OR PARTICIPATE IN THE MetaEXP PLATFORM, YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE FOLLOWING RISKS:
The regulatory status of the MetaEXP platform, $MEXP and distributed ledger technology is unclear or unsettled in many jurisdictions. The regulation of digital assets has become a primary target of regulation in all major countries in the world. It is impossible to predict how, when or whether regulatory agencies may apply existing regulations or create new regulations with respect to such technology and its applications, including $MEXP and/or the MetaEXP platform. Regulatory actions could negatively impact $MEXP and/or the MetaEXP platform in various ways. The Company, the Distributor (or their respective affiliates) may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.
As at the date hereof, the MetaEXP platform is still under development and its design concepts, consensus mechanisms, algorithms, codes, and other technical details and parameters may be constantly and frequently updated and changed. Although this Litepaper contains the most current information relating to the MetaEXP platform, it is not absolutely complete and may still be adjusted and updated by the MetaEXP team from time to time. The MetaEXP team has neither the ability nor obligation to keep holders of $MEXP informed of every detail (including development progress and expected milestones) regarding the project to develop the MetaEXP platform, hence insufficient information disclosure is inevitable and reasonable.
Various types of decentralized applications and networks are emerging at a rapid rate, and the industry is increasingly competitive. It is possible that alternative networks could be established that utilize the same or similar code and protocol underlying $MEXP and/or the MetaEXP platform and attempt to re-create similar facilities. The MetaEXP platform may be required to compete with these alternative networks, which could negatively impact $MEXP and/or the MetaEXP platform.
There is the risk that the development of the MetaEXP platform will not be executed or implemented as planned, for a variety of reasons, including without limitation the event of a decline in the prices of any digital asset, virtual currency or $MEXP, unforeseen technical difficulties, and shortage of development funds for activities.
Hackers or other malicious groups or organizations may attempt to interfere with $MEXP and/or the MetaEXP platform in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Furthermore, there is a risk that a third party or a member of the Company, the Distributor or their respective affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of $MEXP and/or the MetaEXP platform, which could negatively affect $MEXP and/or the MetaEXP platform. Further, the future of cryptography and security innovations are highly unpredictable and advances in cryptography, or technical advances (including without limitation development of quantum computing), could present unknown risks to $MEXP and/or the MetaEXP platform by rendering ineffective the cryptographic consensus mechanism that underpins that blockchain protocol.
In addition, the potential risks briefly mentioned above are not exhaustive and there are other risks (as more particularly set out in the Terms and Conditions) associated with your participation in the MetaEXP platform, as well as acquisition of, holding and use of $MEXP, including those that the Company or the Distributor cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the aforementioned risks. You should conduct full due diligence on the Company, the Distributor, their respective affiliates, and the MetaEXP team, as well as understand the overall framework, mission and vision for the MetaEXP platform prior to participating in the same and/or acquiring $MEXP.
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