Disclaimer 📑

Last updated on Oct 2024

This White Paper is subject to amendments without prior notice. It is provided for general information purposes only and does not have comprehensive or legal validity. OWL project or any related entities, shall not be held liable for any reliance placed on this Whitepaper, and they do not guarantee its accuracy or completeness. The development, distribution, and ownership of $OWL tokens are solely managed by OWL project. The risks and additional risks outlined below can have a significant negative impact on the commercial viability of OWL token, potentially leading to the ongoing development or discontinuation of the OWL token in Weverse platform.

1. Interruption or delays in OWL project for Weverse platform services may occur due to various factors, such as insufficient funding for service development, lack of commercial success or prospects, or insufficient use by advertisers or users.

2. While the OWL project will implement reasonable security measures to protect tokens, there is a risk of corporate affiliates losing access to private keys, data leakage, or data loss.

3. The development of the complex OWL project is a challenging task, and although efforts will be made to complete it within the specified roadmap and Whitepaper timeframe, completion may be delayed depending on the development team and market conditions.

4. Third-party wallets accessing private keys associated with your wallet are susceptible to access. The loss or destruction of these private keys is irreversible.

5. OWL project supports Weverse platform through $OWL tokens, but if the token's price decreases significantly, support may be discontinued.

6. Cryptocurrencies are likely to face government and regulatory scrutiny worldwide, and legal actions by OWL project, OWL project-related companies, or corporate affiliates could have a negative impact on the tokens.

7. $OWL tokens are initially created as BSC network tokens on the BSC blockchain, but they may be transferred to other blockchain ecosystems as the Weverse platforms develop. If the chosen blockchain ecosystem is incomplete and adversely affects $OWL tokens, a transition to another blockchain or development of a mainnet may be considered.

8. The irreversible nature of cryptocurrencies can be vulnerable to technological advancements such as code cracking or the development of quantum computing, potentially leading to theft or loss of $OWL tokens and affecting OWL project corporations or corporate affiliates.

9. In the event of a large-scale token theft due to code cracking and hacking, the company may consider a block rollback and token quantity recovery using a snapshot taken before the incident.