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  • Silencio Network Introduction
    • The Problem
    • Our Mission
    • How We Capture Value
    • How We Deliver Value
      • Venue Noise Levels
      • Street Noise Levels
      • Noise Complaints
      • In-App Monetization
    • Our Honest Data Approach
    • How To Get Started
  • Technical Overview
    • Why Blockchain? Why peaq?
    • Architecture Overview
    • Self-Custodial Wallet
    • Measurement Processor
    • Data Quality and Integrity
      • Anomaly Detection Engine
      • Fraud Detection Consequences
    • Datapoints Database
    • Silencio Explorer
    • Hot & Cold Storage Strategy
    • Data Privacy
    • Database Backups and Encryption
    • Security and Scalability
  • Tokenomics
    • Token Distribution
    • Utility of the $SLC Token
    • Beta Airdrop
    • Ecosytem Development Treasury
    • CEX & DEX Liquidity
    • Investors
    • Initial Community Campaigns
    • Core Contributors
    • The Silencio Reward Economy
      • Gamification Features
    • Monthly Community Raffle
    • Inviting a Friend to Silencio
    • Future Community Rewards
    • Staking
    • Data Monetization and Value Accrual
    • On-Chain Activity
  • Core Contributors
    • Early Contributors
    • Scientific Team
    • Extended Core Contributors
    • Introducing our Power User, Sam!
  • Disclaimer
    • Crypto Products
    • Nature of the White Paper
    • Token Features
    • Deemed Representations and Warranties
    • Risks and Important Information
    • Informational Purposes Only
    • Regulatory Approval
    • Cautionary Note on Forward-Looking Statements
    • English Language
    • Beware of Scam Airdrops
    • Risks & Important information
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  1. Disclaimer

Risks & Important information

PreviousBeware of Scam Airdrops

Last updated 5 months ago

The Risks Associated with using the Silencio Network and its SLC Tokens are Outlined as Follows:

  1. Experimental Nature: The Silencio Network and $SLC tokens are experimental and under continuous development. There is significant uncertainty about their functionality and utility at scale.

  2. No Guarantees: The project may never achieve widespread adoption or the necessary scale for sustained operation. The features may not perform as expected or could cease functioning altogether.

  3. Value of $SLC Tokens: $SLC tokens are volatile and could lose their value entirely. They do not represent ownership rights in Silencio or any entity and are not investment products.

  4. Security Risks: The loss or compromise of private keys can permanently lose $SLC tokens. Users are responsible for securing their tokens.

  5. Regulatory Risks: The legal and regulatory landscape is uncertain and could negatively impact the project or lead to its termination.

  6. Technological Risks: The protocol may have flaws or be vulnerable to attacks, affecting its functionality and security.

  7. Third-Party Dependence: The project relies on third-party service providers for software development and other operations. Any disruption in these services could impact the project.

  8. Data Privacy: Breaches in security or improper access to user data could disrupt or terminate the project.

  9. Operational Challenges: The project's success depends on the app's ongoing operation and user onboarding, which may face challenges in various jurisdictions.

  10. Tax Uncertainty: The tax treatment of $SLC tokens is unclear, which could result in adverse consequences for users.

For a full summary of the project’s risks, you can also view our Risks and Important Information page at . The document emphasizes that potential users should thoroughly understand these risks and be prepared for potential losses before engaging with the Silencio Network.

www.silencio.network/risks