📃
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 Poor Reception or User Shortage

First of all, BIDs shall not be purchased for any speculative investment or other financial purposes. There is no guarantee that the BIDs will have any value. Even if the BIDs may have some form of value after a while, such value can be minimal if the DefiBids platform is not accepted by the market and is therefore short of users. Due to any possible reasons, including failure in business relations or marketing strategy, the DefiBids platform and all the future marketing efforts supported by the raised fund may fail to achieve success. In such a case, there will likely be few or no follow-up supporters for the DefiBids platform. This will be pretty unfavorable to this project.

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Last updated 1 year ago