Risks of Core Protocols

Currently, the DefiBids platform is developed on Pulse Chain. In the event of any defect, attack, or unexpected malfunction to the Pulse Chain system, the DefiBids token or the DefiBids platform may undergo a stop or loss of function in a manner hard to expect. Given that the BIDs and the DefiBids platform are on the Pulse Chain architecture, any abandonment, malfunction, or breakdown of the Pulse Chain architecture may have a material adverse effect on the DefiBids token and/or the DefiBids platform. Also, advances in cryptography or technical advances could present unknown risks to BIDs and/or the DefiBids platform by making ineffective the cryptographic consensus mechanism supporting the Pulse Chain architecture.