📃
Whitepaper
  • Abstract
  • Introduction
    • Blockchain Technology
    • Cryptocurrency
    • Decentralized Finance
    • Auction
  • The DefiBids Platform
  • Marketing Plan
    • Viral Marketing
    • Online & Social Media Marketing
    • Influencer Marketing
    • Email Marketing
    • Press release
    • Referral program
  • Tokenomics
    • Staking Rewards
    • Transaction Rewards
    • Deflationary Model
  • Conclusion
  • Legal Notice
    • Knowledge Required
    • Important Disclaimer
    • Representation and Warranties
  • Risks
    • Regulatory Risks
    • Competition Risks
    • Risk of Talent Loss
    • Risk of Development Failure as a Result of Fund Shortage
    • Risk of Private Key Loss
    • Risk of Hacking or Theft
    • Risk of Absence of Loss Insurance
    • Risks of Core Protocols
    • System Risk
    • Risks as a Result of Bugs or Cryptography Development
    • Risks of Insufficient Interest
    • Risk of Poor Reception or User Shortage
    • Risk of Platform Defect
    • Other Unpredictable Risks
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  1. Risks

Risk of Development Failure as a Result of Fund Shortage

In case of any adverse downturn in the virtual currency market (resulting in low prices for BIDs and other virtual currency raised by DefiBids) or where there is prolonged development time, the DefiBids team may face a shortage of development funds and possibly even suffer a subsequent severe shortage of fund for all activities. There may be a risk that DefiBids platform may not be developed as intended in such a case.

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Last updated 1 year ago