Crypto-assets are high risk. You should be prepared to lose all money you commit. This disclosure is not exhaustive and does not replace independent legal, tax or financial advice.

1. Total-loss risk

ENK or any crypto-asset may lose some or all of its value. Participation should not be made with funds you cannot afford to lose.

2. Volatility

Crypto-asset prices may move rapidly and unpredictably because of market conditions, liquidity, sentiment, regulation, technology or macroeconomic events.

3. Liquidity and listing

There is no guarantee that ENK will be admitted to trading, remain listed, have market makers, maintain liquidity or be transferable at a desired price.

4. Regulatory classification

A regulator or court may classify a token, activity or service differently from current expectations, creating licensing, disclosure, marketing, tax or operating restrictions.

5. Financial-promotion restrictions

Promotional availability can be limited by jurisdiction. UK consumer promotions are subject to specific legal routes and conduct requirements.

6. MiCA / EEA offer risk

EU/EEA offering activity may require MiCA white-paper, notification, publication and marketing compliance unless a valid exemption applies.

7. Technology and smart-contract risk

Bugs, vulnerabilities, upgrade failures, chain reorganisations, bridge failures, oracle failures, dependency compromise or cryptographic weaknesses may result in loss or disruption.

8. Cybersecurity

Phishing, malware, SIM swapping, credential theft, social engineering, API compromise, supply-chain attacks and infrastructure attacks may affect users or the ecosystem.

9. Wallet and key risk

Loss or compromise of private keys, seed phrases, recovery credentials or device access can cause irreversible loss. TVK Labs cannot restore third-party self-custody keys.

10. Blockchain finality

Transactions may be irreversible. Sending to the wrong address, network or asset contract can result in permanent loss.

11. Custody / counterparty risk

Third-party exchanges, custodians, payment processors, identity providers, RPC providers and other vendors may fail, be hacked, become insolvent or suspend services.

12. Development and execution risk

Planned functionality, mainnet, integrations, products or modules may be delayed, redesigned or discontinued.

13. Governance risk

Governance processes, multisig controls, upgrades and stakeholder decisions may change protocol behaviour or economic assumptions.

14. Token utility risk

Planned token utilities may be subject to technical, legal, commercial or regulatory gates and may not become available as expected.

15. Vesting and transfer restrictions

Allocated tokens may be subject to cliffs, vesting, compliance holds, technical release schedules or legal restrictions.

16. Tax risk

Tax treatment is uncertain and may change. Participants are responsible for obtaining advice and meeting their own reporting obligations.

17. Sanctions / AML risk

Transactions may be delayed, rejected, frozen or reported where required by sanctions, AML/CFT, fraud or law-enforcement obligations.

18. Data/privacy risk

KYC and investor processes involve sensitive personal information. Although security measures are applied, no processing environment is risk-free.

19. Third-party information risk

Media coverage, ratings, exchange communications and third-party listings may be incomplete, inaccurate, withdrawn or outside TVK Labs' control.

20. Forward-looking statements

Roadmaps, projections, launch dates and anticipated partnerships are not guarantees of future performance or completion.

21. Force majeure

War, sanctions, natural disasters, internet outages, cloud failures, power disruption, governmental action or other events beyond reasonable control can affect operations.

22. No statutory protection assumption

Do not assume that crypto-asset losses are covered by deposit insurance, the UK Financial Services Compensation Scheme, the Financial Ombudsman Service or an equivalent compensation mechanism. Availability of protections depends on the regulated activity, provider, jurisdiction and facts.

23. Risk acknowledgement

Where required, participants may be asked to acknowledge this risk disclosure, complete appropriateness or eligibility assessments, or observe a cooling-off period before transaction functionality is enabled.

Comprehensive Risk Disclosure