Regulatory Risks

Since blockchain is still in the nascent stage of development, the regulatory status of BIDs and/or the DefiBids platform and blockchain generally is pretty uncertain or unsettled in a number of jurisdictions. At any time, any regulatory agency may apply current regulations or make new regulations regarding blockchain technology and its diverse applications, including BIDs and/or the DefiBids platform. In addition, it is still unclear as to how the current policies will be executed. All these may lead to uncertainty around project investment and liquidity. Blockchain technology and applications have become the main target of discussion and supervision in a number of countries. Any regulatory action could have a negative impact on the BIDs and/or the DefiBids platform in numerous ways. For instance, if there is a legal limitation on the usage and sale of tokens, BIDs may suffer restriction and obstruction. The development of the DefiBids Platform and BIDs may be directly paused or terminated.