Risk Disclosures
HyperSPAC3 acknowledges the potential risks associated with operating in the blockchain space, including regulatory changes and market volatility. The project provides clear disclosures to investors and participants to ensure informed decision-making.
Key Risk Acknowledgments:
No Guarantees: Participants understand that the value of $SPAC3 is subject to market conditions and is not guaranteed. Token holders are not entitled to passive profits, and token ownership does not equate to ownership of HyperSPAC3’s assets or revenues.
Regulatory Compliance: HyperSPAC3’s compliance is based on current regulations, which may evolve over time. The project will make reasonable efforts to adapt to changing regulatory requirements, but cannot guarantee compliance in all jurisdictions as laws develop.
Token Classification – Not a Security:
The $SPAC3 token is not classified as a security, as it does not meet the criteria outlined in the Howey Test:
Investment of Money: While participants purchase tokens, the primary purpose is to gain governance rights, not an expectation of profits.
Common Enterprise: $SPAC3 holders participate in decentralized governance, not a centralized profit-generating enterprise.
Expectation of Profits: Any potential increase in the value of $SPAC3 is speculative and based on the collective success of the community-driven project, rather than guarantees of passive income or dividends.
Efforts of Others: Token holders actively participate in the protocol’s governance and success, making decisions through a decentralized and transparent process.
Compliance Limitations: While HyperSPAC3 has been structured to minimize regulatory risks, unforeseen regulatory developments could impact the project's operations or token utility.
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