The Hold

Risk disclosure

Crypto & Trading Risk

Crypto assets and blockchain transactions can produce rapid, irreversible, and total losses. Understand the risks before connecting a wallet, collecting an asset, entering a competition, or approving a swap.

1. Market risk

Crypto-asset prices can be extremely volatile. Prices may move sharply with little notice because of sentiment, news, concentrated ownership, technical events, manipulation, regulation, or changing demand. An asset can lose substantial or all value, and past performance does not predict future results.

2. Memecoin and long-tail token risk

Community, collectible, memecoin, and long-tail assets can be highly speculative and may have limited utility, disclosure, liquidity, or operating history. Teams or communities may abandon a project. Ownership or trading can be concentrated, promotional claims can be misleading, and an asset may become illiquid or worthless.

3. Liquidity, price impact, and slippage

A displayed or quoted market price is not a guarantee of the price available for your full order. Thin liquidity, routing changes, price movement, transaction size, token fees, and competition for execution can cause price impact, slippage, partial route availability, or failure. Your final received amount can be lower than an earlier estimate while remaining within the limit you authorized.

4. Blockchain and transaction risk

  • Solana or related infrastructure may experience congestion, degraded performance, outages, reorganizations, or failed confirmations.
  • Transactions can expire, fail, or incur network costs without producing the intended result.
  • Confirmed blockchain transactions are generally irreversible; The Hold cannot reverse them.
  • Public blockchain records can reveal activity and may persist indefinitely.

5. Program, protocol, and token risk

Third-party tokens, on-chain programs, pools, routers, and protocols may contain bugs, vulnerabilities, malicious logic, privileged controls, transfer restrictions, fees, freezes, or other behavior that causes loss or prevents trading. Wallet prompts, routing systems, audits, and interface warnings cannot guarantee safety.

6. Third-party infrastructure risk

The Hold depends on wallets, Solana, RPC and blockchain-data providers, price feeds, liquidity sources, routing services, hosting, and analytics or security infrastructure. These services may become unavailable, inaccurate, delayed, compromised, restricted, or incompatible. The Hold does not control them.

7. Price-data risk

Displayed prices can be delayed, unavailable, incorrect, or materially different from an executable market price. The Hold may decline to award XP when required price data is missing or stale. A price used for collection or XP logic is not a quote, valuation opinion, or promise that you can trade at that price.

8. Wallet, phishing, and user-error risk

A compromised device, malicious browser extension, fake website, exposed seed phrase, stolen private key, incorrect address, misunderstood prompt, excessive approval, or accidental transaction can cause permanent loss. The Hold cannot recover wallet credentials or reverse a transaction you authorized.

9. Regulatory and tax risk

Crypto, trading, competitions, and prizes may be regulated or taxed differently depending on location, asset, activity, and personal circumstances. Rules and interpretations can change, sometimes rapidly, and may restrict access, trading, prize eligibility, or asset use. You are responsible for obtaining appropriate legal and tax advice.

10. Contest and prize-value risk

Monthly contest participation and prize eligibility depend on The Hold rules, authoritative verification, and applicable law. Prize details and availability can vary by season. A prize with cash or market value can fluctuate before or after delivery and should not be treated as a guaranteed return or investment yield.

11. No investment advice

The Hold does not recommend buying, selling, or holding any asset and does not provide investment, financial, legal, or tax advice. Do your own research, verify transaction details, and seek qualified independent advice when appropriate.