1.5. Associated challenges and risks

It is the responsibility of all REPL buyers to inform themselves, comply with and comply with all applicable laws and regulations in all relevant jurisdictions. Potential buyers of all REPL should be expected to take into account the risks identified in this section. The realization of one of the presented risks could negatively affect the issuer's financial and operational performance and could prevent the issuer from fulfilling its obligations under this white paper.

The challenges and risks are identified by the issuer management board as of the date of registration in this white paper. This does not preclude the possibility of other risk threats, and buyers should be aware that a combination of multiple simultaneous risks can increase the impact on the issuer.

One of the key challenges in this project is the rate at which asset exchanges are initiated in the artist and creator communities, which will be a key point in generating REPL demand. By providing tools to create NFT ART that focus on problem solving or solving community needs, we focus on developing powerful multi-platform products that can spread across large scale. Therefore, we are developing strong communities in other areas of the world, especially in Asia. In Asia, the ratio of recruitment and learning is expected to be even more steep. Project success rates depend on consumer priorities and preferences, and the ability to quickly predict, identify, and leverage them.

Issuers operate in emerging and disruptive industries under rapid and dynamic development. This includes, but is not limited to, advances, underlying technologies, regulatory and legal implications related to the business itself. Specifically, these distributed ledger technologies, smart contracts, and other innovative technology agreements are limited to the date of enrollment in this white paper. The risks posed by this may not yet be fully understood and new additional risks may arise in the future.

Because the issuer's business relies on the continuous and appropriate functionality of the technology infrastructure, the issuer must take various risks associated with the proper maintenance of the technology infrastructure. These risks include cyber-attacks, data theft, or other unauthorized use of data, and other malicious interference. Certain parts of the infrastructure can be outsourced to third parties. In such cases, the issuer relies on a technology arrangement developed by such a third party to carry out the business and is exposed to the risk of failure of such a technology arrangement.

The issuer is subject to various laws (laws and rules accordingly, etc.) and is at risk in relation to changes in the law and the timing and effectiveness of each change. This includes changes in interpretation that the issuer cannot predict.

The growth of issuers and their businesses is partly due to the efforts and capabilities of management and other key personnel, especially management. If one or more of your team members are unable or unwilling to continue their current position, the issuer may not be able to replace them in a short period of time, which may have a significant adverse impact on the issuer's business.