Disclaimer
This whitepaper is prepared solely for informational purposes and does not constitute an offer to sell or a solicitation to purchase Punkvism tokens (PVT). The information contained herein is not legal, financial, business, or tax advice, may not be complete, and does not include elements of any contractual relationship.
Legal Notice
Punkvism tokens (PVT) are not securities or collective investment products and are not registered as securities in any jurisdiction. This whitepaper is neither an investment prospectus nor a public offering document and does not constitute an offer or sale of securities, business trust units, or collective investment products in any jurisdiction. Purchasers of PVT are not granted ownership, equity, shares, royalties, or similar rights in Punkvism or related entities in any form, nor are they entitled to dividends, profit distributions, voting rights, redemption rights, liquidation rights, or any other explicit or implicit rights. PVT holds value solely as a utility token providing access and usage rights to specific services and functions within the Punkvism ecosystem.
Risk Disclosure and Investment Decisions
Cryptocurrencies and digital tokens are subject to high price volatility and inherently carry significant risks. You may lose some or all of your investment principle, and digital asset investments should only be considered by those with the financial capacity to bear such risks. Potential purchasers considering PVT should not base their decisions solely on the information in this whitepaper and must conduct independent research and analysis. Punkvism does not guarantee the accuracy or completeness of the information herein and assumes no liability for outcomes resulting from reliance on it. Each investor must make independent judgments based on their investment objectives, financial situation, and risk tolerance.
Project Risk Factors Disclosure
Punkvism transparently discloses the following key risk factors associated with the project:
Technical Risks: Potential blockchain network failures, delays in PUNK Chain development, smart contract vulnerabilities, cross-chain bridge security issues, oracle system malfunctions, software vulnerabilities, and hardware or infrastructure failures. While the Punkvism team acknowledges and mitigates these risks, not all technical risks can be fully eliminated.
Market Risks: Intensified competition in the RWA market, PVT token price volatility, insufficient liquidity for RWA tokens, uncertainty in market acceptance of the multi-domain approach, and global economic fluctuations. These external economic factors are beyond Punkvism’s control.
Operational Risks: Departure of key team members, failure of strategic partnerships, fund management issues, delays in governance decisions, roadmap delays, and reliance on third parties. The Punkvism ecosystem depends on various third-party service providers, partners, external developers, and oracle providers, whose performance failures, service interruptions, bankruptcy, or termination of collaboration could significantly impact the ecosystem.
Legal/Regulatory Risks: Possibility of PVT being classified as a security, varying regulatory environments across jurisdictions, risks of non-compliance with anti-money laundering (AML) regulations, intellectual property disputes related to IP, privacy regulation compliance issues, and tax or accounting risks. Regulatory landscapes in key regions such as Asia (Korea, Indonesia, Vietnam), Europe (MiCA), and North America (SEC, CFTC) are continually evolving, and new regulations could materially affect the project. Punkvism does not provide tax advice, and investors should seek independent tax counsel.
RWA-Specific Risks: Challenges in valuing real-world assets, ensuring legal ownership linkage with tokens, mismatches between liquid tokens and illiquid physical assets, physical asset management issues, difficulties in enforcing smart contract conditions in the real world, and potential loss of physical assets due to natural disasters or accidents. The linkage between real-world assets and digital tokens is inherently complex and subject to unforeseen issues.
Personal Security Risks: Access and management of PVT and related tokens rely on private keys, the secure storage of which is entirely the user’s responsibility. Loss, theft, or unauthorized access to private keys may result in permanent token loss, with no recovery mechanisms provided by Punkvism. Punkvism also bears no liability for losses due to the use of unapproved third-party wallets or services. Users are responsible for securing their accounts, devices, and networks.
Caution Regarding Forward-Looking Statements
Forward-looking statements in this whitepaper are subject to various risks and uncertainties. Such statements may be identified by terms like "goal," "expect," "intend," "plan," "seek," "believe," "potential," "predict," "outlook," or similar expressions. All forward-looking statements are based on assumptions, and actual results may differ significantly from these assumptions or statements. Punkvism does not guarantee the accuracy or achievability of such statements under any circumstances.
Force Majeure
Punkvism is not liable for failure or delay in contract fulfillment due to unforeseeable and unavoidable events beyond reasonable control, such as natural disasters, wars, armed conflicts, terrorism, national emergencies, pandemics, lockdowns, labor disputes, internet or public network failures, power outages, hacking or cyberattacks, critical infrastructure or service breakdowns, or changes in laws or regulations. Such force majeure events may significantly and adversely impact the Punkvism ecosystem, PVT token value, or related services.
Limitation of Liability
To the fullest extent permitted by law, Punkvism and related parties bear no liability—whether in contract, tort, or otherwise—for any direct, indirect, special, incidental, consequential, or other losses, damages, or costs arising from the use of this whitepaper, reference to its contents, or related actions. All users are strongly encouraged to seek independent legal, financial, tax, or other professional advice before making decisions based on the information herein.
Special Notice Regarding Metaverse and Future Development
Plans for the metaverse and other future technological developments mentioned in this whitepaper reflect current intentions and vision but may change due to technical constraints, market conditions, regulatory environments, or other factors. Punkvism does not guarantee that these plans will be realized as scheduled or described, and specific implementation methods and timelines may be adjusted based on various internal and external factors.
Disclaimer Updates
This disclaimer may be updated periodically without prior notice, with the latest version provided through official channels. All users of this whitepaper are responsible for regularly reviewing the most current version of the disclaimer.
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