Tokenova
Risk Disclosure
Updated:
Draft. This document is a working version and has not been reviewed by counsel. It does not replace the terms of any individual deal and may change.
The short version
Taking part in deals through Tokenova carries the risk of losing part or all of the amount you invest. Only commit money you can afford to lose. Past performance neither guarantees nor forecasts future results.
Market risk
Property values can fall as well as rise. Local market conditions, demand, regulatory and currency factors can reduce the value of a share and the rental income it produces — down to none at all.
Liquidity risk
A share in a property is not an exchange-traded instrument. Exiting depends on finding a buyer: a sale can take a long time, may require a discount, or may not be possible at the moment you want it.
Technology risk
Smart contracts can contain vulnerabilities. The TON network can experience outages, delays, or protocol changes. On-chain transactions are irreversible: a wrong address or a lost wallet means lost funds with no way to recover them.
Legal and structural risk
How a digital share relates to rights over the physical property depends on the structure of each deal and on the law of the country where the property sits. Changes to real-estate, tax, or digital-asset regulation can affect your rights and your ability to dispose of a share.
Counterparty risk
Deals involve third parties: sellers, agencies, banks, managing companies, notaries. Their actions, delays, or failure to perform can affect the timing and the outcome of a deal.
Platform risk
The service operates in beta. Bugs, downtime, and changes in functionality are possible. An early-stage project carries operational risk, including the risk that it ceases to operate.
Not advice
This document is not investment, legal, or tax advice and does not account for your personal circumstances. Consult independent professionals before taking part in a deal. Questions: our Telegram community (link in the footer).