BOTTO Risk

Botto (BOTTO)
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DESCRIPTION

BOTTO is the native utility token of the Botto platform, a decentralised and community-driven art generation network. The BOTTO token is integral to the ecosystem, enabling users to participate in the creation, curation, and governance of AI-generated art. BOTTO holders can vote on art submissions, contribute to the platform’s development, and earn rewards based on their engagement and contributions.In the Botto ecosystem, BOTTO tokens are used for various functions including governance voting, rewarding participants, and supporting the platform's economic model. The token plays a key role in facilitating the collaborative and decentralised nature of the network, where users influence the direction and growth of the platform through their contributions and voting power.

Botto (BOTTO) Whitepaper: https://docs.botto.com/

‍RISKS OF BOTTO
Investing in cryptocurrency and digital assets, such as Botto (BOTTO), carries inherent risks, including but not limited to: (i) Volatility risk and liquidity risk
(ii) Regulatory risk
(iii) Security risk
(iv) Market risk
(v) Smart contract risk
(vi) Governance risk
(vii) Technological riskFor additional information on risks associated with cryptocurrency and digital assets, you may refer to the Satstreet Inc Services Risk Statement. Please note that these risks and the associated summaries or overviews provided for each herein are not intended to be a complete overview of all such risks, and there may be other risks associated with exposure to BOTTO. We encourage all users to perform their own due diligence to assess the risks associated with BOTTO and to determine whether this level of risk is acceptable to them. Neither BOTTO nor Satstreet guarantees the value of BOTTO, and holders of BOTTO will not have any recourse to BOTTO or Satstreet if the value of BOTTO declines for any reason whatsoever.

‍SATSTREET EVALUATION OF BOTTO
Satstreet Inc. has reviewed and assessed BOTTO prior to making it available through our services and has concluded that BOTTO is not a security or derivative under Canadian securities legislation; however, there is a risk that this conclusion could change in the future and that, in such event, Satstreet will be required to halt, suspend, and then remove BOTTO from its platform as described in the Satstreet Inc. Services Risk Statement.Further, as indicated above, no Canadian securities regulatory authority has expressed an opinion about BOTTO, including an opinion that BOTTO is not itself a security and/or derivative. Based on publicly available information Satstreet has reviewed BOTTO, including, but not limited to, a review of the following: The creation, governance, usage, and design of BOTTO, including the source code, security, and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that created BOTTO. The supply, demand, maturity, utility, and liquidity of BOTTO. Material technical risks associated with BOTTO, including any code defects, security breaches and other threats concerning BOTTO and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them. Legal and regulatory risks associated with BOTTO, including (i) any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of BOTTO, and (ii) statements made by any securities regulatory authorities in Canada, other regulators in IOSCO-member jurisdictions, or the regulator with the most significant connection to BOTTO about whether BOTTO, or generally about whether the type of crypto asset, is a security and/or derivative.
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Last Updated: August 2024

Risk Statements

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