THETA Risk

Theta Network (THETA)
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DESCRIPTION

Theta Network (THETA) is the native utility token of the Theta platform, a decentralised video delivery network designed to improve streaming efficiency and content delivery. The THETA token is integral to the Theta ecosystem, enabling various functions within the network, such as staking, governance, and incentivizing participation. THETA holders can use their tokens to participate in the platform's governance by voting on proposals and protocol changes, as well as staking their tokens to support the network's operations and earn rewards.In the Theta Network, THETA tokens are used to power the decentralised content delivery network, ensuring efficient streaming and content distribution across the platform. The tokens also provide access to network features, such as content creation and streaming services. By staking THETA, users help maintain the network’s integrity and can earn rewards in return. Additionally, THETA serves as a means of payment within the ecosystem, facilitating transactions and incentivizing contributions.

Theta Network (THETA) Whitepaper: https://docs.thetatoken.org/docs/whitepapers

‍RISKS OF THETA NETWORK
Investing in cryptocurrency and digital assets, such as Theta Network (THETA), 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 THETA. We encourage all users to perform their own due diligence to assess the risks associated with THETA and to determine whether this level of risk is acceptable to them. Neither THETA nor Satstreet guarantees the value of THETA, and holders of THETA will not have any recourse to THETA or Satstreet if the value of THETA declines for any reason whatsoever.

‍SATSTREET EVALUATION OF THETA
Satstreet Inc. has reviewed and assessed THETA prior to making it available through our services and has concluded that THETA 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 THETA 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 THETA, including an opinion that THETA is not itself a security and/or derivative. Based on publicly available information Satstreet has reviewed THETA, including, but not limited to, a review of the following: The creation, governance, usage, and design of THETA, including the source code, security, and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that created THETA. The supply, demand, maturity, utility, and liquidity of THETA. Material technical risks associated with THETA, including any code defects, security breaches and other threats concerning THETA 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 THETA, including (i) any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of THETA, 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 THETA about whether THETA, 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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