NOT AN OFFER TO SOLICIT SECURITIES AND RISKS ASSOCIATED WITH WEBC AND THE
This document is strictly for informational purposes and does not constitute an offer or solicitation to sell shares or securities in Gamblica. None of the information or analyses are intended to form the basis for any investment decision, and no specific recommendations are intended. Ultimately, this document does not constitute investment advice or counsel or solicitation for investment in any security.
This document does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. Gamblica avidly disclaims any and all responsibility for any direct or consequential loss or damage of any kind, arising directly or indirectly from:
- reliance on any information contained in this document.
- any error, omission or inaccuracy in any such information.
- any action resulting therefrom.
Gamblica Token, or “WEBC”, is a cryptographic token used by the Gamblica network.
WEBC is NOT an investment
There is no guarantee that the WEBC you purchase will increase in value. It may – and could possibly at some point – decrease in value.
WEBC is NOT ownership
Controlling WEBC does not grant its controller ownership or equity in Gamblica, or the Gamblica network. WEBC does not give any right to aid in the control the direction or decision-making of Gamblica or the Gamblica Network.
Risks of the Ethereum Protocol
WEBC tokens and the Gamblica network are based upon the Ethereum protocol. As such, any malfunction, unintended function, or unexpected functioning of the Ethereum protocol, may cause the Gamblica network or WEBC tokens to malfunction or function in an unexpected or unintended manner. Moreover, Ether, the native token of Ethereum and WEBC tokens may similarly decrease in value. More information about the Ethereum protocol is available at ethereum.org
Risk of Unfavorable Regulatory Action in Jurisdictions
Blockchain technologies have been the critical focus of many regulatory bodies worldwide.The functioning of the Gamblica network and WEBC could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions on the use or possession of digital tokens like GM.
Risk of Theft and Hacking
Hackers or other groups or organizations may attempt to interfere with the Gamblica network or the availability of WEBC in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus based attacks.
Risk of Security Weaknesses in the WEBC network
There is a risk that the Gamblica team, or other third parties may intentionally or unintentionally introduce weaknesses or bugs into the core infrastructural elements of the Gamblica network interfering with the use of or causing the loss of WEBC.
Risk of Weaknesses or Exploitable Breakthroughs in the Field of Cryptography
Advances in cryptography, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the Gamblica network, which could result in the theft or loss of WEBC.
Risk of Uninsured Losses
Unlike bank accounts or accounts at some other financial institutions, funds held using the Gamblica or Ethereum network are generally uninsured. In the event of loss or loss of value, there is no public insurer.
Risk of Dissolution of the Gamblica Project
It is possible that, due to any circumstances, including without limitation an unfavorable fluctuation in the value of Crypto-Currencies, unfavorable fluctuation in the value of WEBC, the failure of business relationships, or competing intellectual property claims, the Gamblica project may no longer be a viable business and could dissolve or fail to launch.
Crypto-currency and cryptographic tokens are a new and untested technology. In addition to the risks set forth here, there are risks that the Gamblica team cannot anticipate. Risks may further present themselves, as unanticipated combinations or variations of the risks set forth here.