5.4 Risk assessment and decision-making
As an innovative technology, blockchain is not only a disruptive breakthrough in the core computer technology, but also an innovation in the industry field. Therefore, the importance of the risk management system is self-evident. The Foundation specializes in building a risk-oriented and sustainable blockchain community. The foundation will conduct ongoing risk management of its operations. Including the establishment of the risk system, risk assessment, risk response and a series of activities. For major risks, the strategic decision-making committee of the foundation shall discuss and make a decision.
The foundation will make decisions according to the characteristics of the event, such as the degree and extent of the event, the amount and probability of the influence, and make decisions according to the priority. For the event with the highest priority, it will organize the relevant committees of the foundation to make decisions as soon as possible.
This document is only used to convey the purpose of the data, and does not constitute a trading opinion, and the above data or analysis does not constitute an investment decision, or specific advice. This document is not constituted or understood to provide any sale, or any invitation to buy or sell in any form, nor any contract or commitment in any form.
RPC clearly indicates that the relevant interested users clearly understand the risks of RPC. Once the investors participate in the investment, they understand and accept the risks of the project, and are willing to bear all the corresponding results or consequences personally. RPC clearly states that it will not bear any direct or indirect losses resulting from participation in RPC projects, including: any error, negligence or inaccurate data resulting from the reliability of all data; or any resulting conduct.
To participate in the RPC project, please read the white paper carefully, have a comprehensive understanding of the technical characteristics of the RPC, the risk-return characteristics of the pre-sale, and know that the RPC project will not provide the return or cash withdrawal of the exchanged digital assets under any circumstances. The RPC team will use the digital assets raised in the pre-sale reasonably and regularly disclose the information disclosed in the white paper. However, no matter how careful it are, there will always be risks. The risks predicted at present include possible policy risks, trading risks, pooling risks, information security risks and so on.
Systemic risk: refers to the possible change in the return due to the overall common factor bow I, which affects the return of all securities in the same way. In the market risk, if the overall value of the digital asset market is overvalued, then the investment risk will increase, and participants may expect the Token public offering project to grow too high, but these high expectations may not be met. At the same time, systemic risk also includes a series of force majeure factors, including but not limited to natural disasters, massive computer network failures worldwide, and political unrest.
Regulatory shortage risk: digital assets, including RPC trading has extremely high uncertainty, due to the digital assets trading field is still lack of strong regulation, so electronic tokens have plunged, the risk of the banker manipulation, and so on and so forth, individual participants in the market if the lack of experience, may be difficult to resist the market instability brought about by the asset impact and psychological pressure. Although academic experts and official media have sometimes given suggestions for prudent participation, there are no written regulatory methods and provisions, so it is difficult to effectively avoid such risks at present.
Regulatory risks: There is no denying that in the foreseeable future, there will be regulatory regulations around the world to restrain and regulate the field of blockchain and electronic tokens. If the regulatory body regulates the field, the tokens purchased during the Token public offering period may be affected, including but not limited to fluctuations or restrictions in price and affordability.
Inter-team risks: At present, there are many teams and projects in the field of blockchain technology, and the competition is very fierce. There is strong market competition and project operation pressure. Whether RPC can break through in many excellent projects and be widely recognized is not only linked to its own team ability, vision planning and other aspects, but also affected by many competitors and even oligarchs in the market, during which there is the possibility of vicious competition.
Within-team risk: The token team issued by RPC gathers a team of both energetic and powerful talents, attracting senior practitioners and experienced technology developers in the blockchain field. As a leading role in the field of blockchain technology, the stability and cohesion within the team are crucial to the overall development of the tokens issued by the RPC. In the future development, the possibility that the whole project will be negatively affected due to the departure of core personnel and the conflict of the team.
Project planning and marketing risks: The founding team will spare no effort to achieve the development goals set out in the white paper and extend the growth space of the project.
At present, RPC agreement has a very mature business model analysis. However, in view of the unforeseen factors in the overall development trend of the industry, the existing business model and overall ideas cannot be well consistent with the market demand, which leads to considerable profits. At the same time, as this white paper may be adjusted with the update of the project details, the public may not know the latest progress of the project, and the participants or the public have a lack of knowledge of the project due to information asymmetry, which will affect the subsequent development of the project.
Technical risk of the project: firstly, the project is constructed based on cryptography algorithm, and the rapid development of cryptography will bring the risk of blockchain, distributed ledger, decentralization, tampering and other technologies support the development of the core business, and the token team issued by RPC cannot fully guarantee the implementation of the technology; again, during the process of project update and adjustment, vulnerabilities may be found by issuing patches, but the impact of vulnerability cannot be guaranteed.
Hacking and criminal risk: In terms of security, the amount of a single supporter is small, but the total number is large, which also puts forward high requirements for the security of the project. Electronic tokens are characterized by anonymity, difficult traceability, easy to be used by criminals, or attacked by hackers, or may involve illegal asset transfer and other criminal acts.
Other unknown risks: As the blockchain technology and the overall situation of the industry continue to develop, the tokens issued by RPC may face some unanticipated risks. Participants are requested to fully understand the team background, know the overall framework and thinking of the project, reasonably adjust their vision, and rationally participate in token crowdfunding before making participation decisions.
The information provided in this white paper is intended for community discussion only and is not legally binding. No one may enter into any contract or binding legal commitment regarding the acquisition of RPC and cannot accept virtual currency or other forms of payment on the basis of this white paper.
Please note not to rely excessively on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that may cause future actual results to differ materially from those described in such forward-looking statements, and because no independent third party reviews the reasonableness of any such statements or assumptions. This document does not constitute and shall not be understood to provide any sale or any invitation to buy or sell any form of securities, nor is it any contract or commitment.
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