Risks

By purchasing, holding, and utilizing Enviro-NFTs, Enviro-Yield & CANOPY tokens (collectively hereinafter referred to as the “tokens”) for participation on our platform, you acknowledge and accept the existence of various associated risks. You acknowledge that there is a risk of losing some or all of the tokens you acquire, and you accept full responsibility for this risk. Before making a decision to purchase these tokens, it's essential to carefully consider and accept the following risks:

Regulatory Ambiguity and Inconsistent Enforcement Measures

The regulatory status of tokens and distributed ledger technology remains uncertain or unresolved in numerous jurisdictions. The rise of virtual currencies, such as tokens and the MetaCanopy platform, has prompted regulatory bodies worldwide to take a closer look at this technology and its potential impacts. Anticipating the timing, scope, and nature of regulatory actions is difficult, but possible measures could significantly affect the tokens and platform. In response to changing regulations, the Company, Distributor, or affiliates may decide to halt operations in affected regions if regulatory approvals become too burdensome or legally restrictive.

Incomplete or Unsatisfactory Information Disclosure

The MetaCanopy platform is still in development, and its various components, including design concepts, consensus mechanisms, algorithms, codes, and technical specifications, are subject to change and improvement. This whitepaper offers the most recent information available, but it may not cover all aspects of the project, and the MetaCanopy team reserves the right to make adjustments and updates as needed. The team is not obligated to provide holders of the tokens with exhaustive details, including development progress and expected milestones, pertaining to the project's advancement of the MetaCanopy platform. Consequently, it is reasonable to expect some limitations in information disclosure.

Competitors

Numerous decentralized applications and networks are quickly appearing, creating a fiercely competitive field. It is conceivable that new networks may be formed, using comparable code and protocols to those that support the tokens and/or the MetaCanopy platform, in an effort to mimic similar capabilities. This could result in the MetaCanopy platform having to vie with these alternative networks, potentially impacting the future outlook of the tokens and/or the MetaCanopy platform negatively.

Meeting Development Milestones

There is a potential risk that the development of the MetaCanopy platform may deviate from the planned execution or implementation due to various factors. These factors include, but are not limited to, a decline in the prices of digital assets, virtual currencies, or the tokens, unforeseen technical challenges, and a shortage of development funds for necessary activities.

Security Deficiencies

The MetaCanopy platform and its tokens are susceptible to various types of cyber threats, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing, which could compromise their security and integrity.

Furthermore, there is a possibility that a third party or an affiliate of the Company, the Distributor, or their respective affiliates may deliberately or inadvertently compromise the integrity of the tokens' core infrastructure and/or the MetaCanopy platform, resulting in adverse consequences. The development of cryptography and security innovations is unpredictable, and advancements in cryptography or technological breakthroughs, such as quantum computing, may introduce unforeseen risks by weakening the cryptographic consensus mechanism that underlies the blockchain protocol used for the tokens and/or the MetaCanopy platform.

Further Risks and Uncertainties

Moreover, it is important to recognize that the risks mentioned earlier are not exhaustive and there are additional risks associated with the purchase, holding, and use of the tokens, as outlined in greater detail in the Terms and Conditions. These risks may arise as unexpected variations or combinations of the previously mentioned risks. It is crucial to conduct thorough research on the Company, the Distributor, their respective affiliates, and the MetaCanopy team. Before making a purchase of the tokens, it is essential to understand the overall framework, mission, and vision of the MetaCanopy platform.