📊Market Risks
Last updated
Last updated
Policy Risk: Some countries explicitly prohibit direct trading between virtual currencies and fiat currencies. Financial institutions, payment institutions, and any so-called token trading platforms are not allowed to engage in currency exchange between fiat currency and virtual currency. Investors and players on the platform need to be aware of this.
Trading Volatility Risk: The stability of the chain game ecosystem itself depends on the stability of the virtual currency market. However, the virtual currency market is a highly volatile speculative market, with 24-hour trading without limits on price fluctuations. Price volatility is common, and once the value of the virtual currency market falls sharply, the entire value system of the chain game will be difficult to maintain.
Industry Risk: The current development of chain games can be described as barbaric growth, with many so-called chain game projects rushed to launch, with rough quality and no value. Essentially, it is about early entrants making money from later entrants. Once the number of players is insufficient, it will lead to a stampede-style sell-off, and even some project parties will continue to hype the chain game slogan, then take the money from investors and players and run away.