This Risk Disclosure (the “Disclosure”) applies to your access to and use of the website located at reitdao.app (the “Site”) and any interaction with REIT DAO, its governance processes, and related blockchain-based mechanisms.

By accessing the Site or participating in any governance-related activity, you acknowledge that you have read, understood, and accepted the risks described below.

1. General Risk Statement

REIT DAO operates as a decentralized, non-incorporated governance association utilizing blockchain technology and smart contracts.

Participation in blockchain-based systems involves significant risk. There is no guarantee of economic benefit, token issuance, liquidity, or asset acquisition.

You may lose some or all digital assets transferred in connection with DAO-related activities.

2. No Investment Relationship

REIT DAO is not an investment fund, asset manager, or financial institution.

Participation in governance processes or contribution of digital assets does not create:

  • an investment contract;
  • a partnership;
  • a joint venture;
  • a fiduciary relationship;
  • any right to guaranteed return or profit distribution.

Any economic models described on the Site are illustrative only.

3. Blockchain and Smart Contract Risks

Blockchain technologies are experimental and subject to risks including but not limited to:

  • software vulnerabilities;
  • smart contract bugs;
  • network congestion;
  • protocol upgrades or forks;
  • validator failures;
  • cyberattacks.

Transactions recorded on blockchain networks are irreversible and publicly visible.

4. Treasury and Governance Risks

Digital assets may be transferred directly by Users to an on-chain multisignature wallet (the “Treasury”).

Risks include:

  • irreversible transfers;
  • governance disagreements;
  • delayed execution of decisions;
  • errors in governance processes;
  • improper execution of multisignature procedures;
  • loss of private keys by participants.

Governance outcomes are not guaranteed and may change over time.

5. Regulatory and Legal Risks

Blockchain-based governance and digital asset activities may be subject to evolving or unclear regulatory frameworks.

Risks include:

  • regulatory restrictions;
  • reclassification of tokens;
  • limitations on digital asset transfers;
  • legal uncertainty in various jurisdictions.

You are solely responsible for compliance with the laws applicable in your jurisdiction.

6. Token-Related Risks (REPU)

Any reference to REPU describes a governance utility concept.

Risks include:

  • token may never be issued;
  • token may have no liquidity;
  • token may have no market value;
  • token may be restricted or non-transferable;
  • token may be subject to regulatory scrutiny.

REPU does not represent equity, ownership of assets, or entitlement to profit.

7. Market and Liquidity Risks

Digital asset markets are volatile and unpredictable.

There may be:

  • no secondary market;
  • insufficient liquidity;
  • extreme price fluctuations;
  • inability to exit positions.

8. Operational Risks

Risks may arise from:

  • technical failures;
  • service interruptions;
  • third-party provider failures;
  • identity verification errors;
  • data processing errors.

REIT DAO does not guarantee uninterrupted access to the Site or related services.

9. Cybersecurity Risks

Digital assets and blockchain systems may be targeted by:

  • hacking attempts;
  • phishing attacks;
  • malware;
  • key compromise.

Loss of access credentials or private keys may result in permanent loss of digital assets.

10. No Guarantee of Asset Acquisition

Participation in governance or digital asset transfers does not guarantee:

  • acquisition of real estate;
  • establishment of SPV structures;
  • execution of any specific investment;
  • implementation of proposed governance initiatives.

All strategic decisions are subject to governance processes and may not materialize.

11. Irreversibility of Transactions

Blockchain transactions are generally irreversible.

If you transfer digital assets to an incorrect address, select the wrong network, or make an operational error, such assets may be permanently lost.

REIT DAO has no obligation or technical ability to reverse such transactions.

12. Tax Risks

You are solely responsible for determining and fulfilling your tax obligations related to:

  • digital asset transfers;
  • token receipts;
  • governance participation;
  • any related activities.

Tax treatment may vary by jurisdiction and may change over time.

13. Independent Decision-Making

You confirm that:

  • You are acting voluntarily;
  • You understand the risks described herein;
  • You are not relying on representations outside official documentation;
  • You have conducted your own independent assessment.

14. Acknowledgment

By using the Site or interacting with REIT DAO governance processes, you acknowledge and accept the risks outlined in this Disclosure.

If you do not understand or accept these risks, you should not participate.