You acknowledge and agree that there are numerous risks associated with purchasing Las Vegas Metaverse, holding Las Vegas Metaverse, and usingLas Vegas Metaverse for participation in the Las Vegas Metaverse Platform. In the worst scenario, this could lead to the loss of all or part of the Las Vegas Metaverse which had been purchased.
1. Uncertain Regulations and Enforcement Actions
The regulatory status of Las Vegas Metaverse and distributed ledger technology is unclear or unsettled
in many jurisdictions. The regulation of virtual currencies 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 concerning such technology and its applications, including Las Vegas Metaverse and/or the Las Vegas Metaverse Platform.
Regulatory actions could negatively impact Las Vegas Metaverse and/or the Las Vegas Metaverse platform in various ways. The Foundation (or its affiliates) may cease operations in a jurisdiction if
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.
After consulting with a wide range of legal advisors and continuous analysis of the development and legal structure of virtual currencies, the Foundation will apply a cautious approach towards the sale of Las Vegas Metaverse. Therefore, for the token sale, the Foundation may constantly adjust the sale strategy to avoid relevant legal risks as much as possible.
2. Inadequate disclosure of information
As of the date hereof, the Las Vegas Metaverse 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 white paper contains the most current information relating to the Las Vegas Metaverse Platform, it is not complete and may still be adjusted and updated by the Las Vegas Metaverse team from time to time. The Las Vegas Metaverse team has no ability and obligation to keep holders of Las Vegas Metaverse informed of every detail (including development progress and expected milestones) regarding the project to develop the Las Vegas Metaverse Platform, hence insufficient information disclosure is inevitable and reasonable.
3. Loss of Talent
The development of the Las Vegas Metaverse Platform depends on the continued, of the existing technical team and expert consultants, who are highly knowledgeable and experienced in their respective sectors. The loss of any member may adversely affect the Las Vegas Metaverse Platform or its future development. Further, stability and cohesion within the team are critical to the overall development of the Las Vegas Metaverse Platform. There is the possibility that conflict within the team and/or the departure of core personnel may occur.
4. Failure to develop
There is the risk that the development of the Las Vegas Metaverse 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 Las Vegas Metaverse, unforeseen technical difficulties, and shortage of development funds for activities.
5. Security weaknesses
Hackers or other malicious groups or organizations may attempt to interfere with Las Vegas Metaverse and/or the Las Vegas Metaverse 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 Foundation or its affiliates may intentionally or unintentionally introduce weaknesses into the core infrastructure of Las Vegas Metaverse and/or the Las Vegas Metaverse Platform, which could negatively affect Las Vegas Metaverse and/or the Las Vegas Metaverse 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 Las Vegas Metaverse and/or the Las Vegas Metaverse Platform by rendering ineffective the cryptographic consensus mechanism that underpins that blockchain protocol.
6. Other risks
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 purchase, holding, and use of Las Vegas Metaverse, including those that the Foundation cannot anticipate. Such risks may further materialize as unanticipated variations or combinations of the aforementioned risks. You should conduct full due diligence on the Foundation, its affiliates, and the Las Vegas Metaverse