Token launches carry real financial risk. Read and understand the following before participating.
Market Risk
Token prices can drop to near zero; locked liquidity does not protect you from loss if demand disappears.
Project Risk
Even with fair launch mechanics, teams can still ship late, fail, or abandon a project.
Concentration Risk
Per-wallet limits help, but a few large actors can still buy many tickets across multiple wallets.
Smart-Contract Risk
On-chain systems can have bugs or unforeseen edge cases, even if audited and battle-tested.
Regulatory and Tax Risk
Rules can change in your country, and you are responsible for your own reporting and compliance.