General Risk Disclosure

Digital Tokens

The offering of digital tokens in Spain is subject to the rules imposed by Circular 1/2022, dated 10 January, of the Comisión Nacional del Mercado de Valores (CNMV).
It is important to read and understand the risks associated with the use of digital tokens, which are explained in detail in this document.
This is a product of G4AL Entertainment SL.

Technology-related Risks

• Distributed ledger technologies are still at an early stage of maturity, and many networks have only been created recently, which means they may not be fully tested, and there could be significant operational or security flaws.
• Transaction recording in networks based on distributed ledger technologies works through consensus protocols, which could be vulnerable to attacks attempting to modify this ledger. In the event of a successful attack, there would be no alternative record to restore the transactions, which could result in the loss of all digital tokens.
• Security risks associated with the anonymity features of digital tokens can make them a target for cybercriminals. If credentials or private keys are stolen, digital tokens could be transferred to addresses that make recovery difficult or impossible.
• The safekeeping of digital tokens is the responsibility of the user. If private keys are lost or stolen, the entire balance of tokens may be lost. Users are responsible for the security of their electronic wallets and private keys.

Legal and Market Risks

The acceptance of digital tokens as a medium of exchange is still limited, and there is no legal obligation for parties to accept them as payment.