☯️ Disclaimer

Risk and Warning:

This whitepaper provides a general description of the project for the purpose of soliciting investor feedback. The directors, advisors, and legal consultants of CoinPays reserve the right to review and revise this document. No part of this document, including the Risk and Warning section, should be copied or distributed without inclusion. This whitepaper does not establish a legal relationship between CoinPays and its recipient, nor does it create any legal obligation that could be the basis of a legal claim against CoinPays. Updates may be published at any time.

It is important to understand and accept the various risks involved in purchasing, holding, and using CPY tokens. These risks include:

1. Uncertain Regulations and Sanctions: The regulation of CPY tokens and distributed ledger technology remains unclear or unresolved in many regions. The regulation of virtual currencies has become a significant global issue. Regulatory bodies may decide to enforce existing regulations or introduce new regulations specific to this technology and its applications. Regulatory actions could negatively impact CPY tokens and CoinPays.

2. Insufficient Information Sharing: As CoinPays is in development, design concepts, algorithms, and other technical details may be continuously updated and modified. Although this whitepaper contains the most current information about CoinPays, it is not comprehensive and may be adjusted and updated over time.

3. Competition: Various types of decentralized applications are rapidly emerging, making the industry increasingly competitive. Alternative platforms with similar code and protocols could emerge and negatively affect CoinPays' competitive advantage.

4. Incomplete Development: There is a risk that CoinPays may not be implemented or developed as planned. This could arise for many reasons, including declines in digital asset prices, technical difficulties, or a lack of funding.

5. Security Vulnerabilities: Malicious groups may try to compromise CPY tokens and CoinPays through cyber attacks, fraud, malicious software, and other means. Additionally, they could cause deliberate or inadvertent security vulnerabilities in the underlying technology. Future developments in cryptography and security are unpredictable and could negatively affect CPY tokens or CoinPays.

Other potential risks may exist. It is recommended to thoroughly review the CoinPays ecosystem and its development team before purchasing CPY tokens.