Risk Disclosure

Digital assets can experience extreme and unpredictable price movements.

An asset may lose a substantial proportion of its value within a very short period and may become effectively worthless.

Past performance, trading activity, popularity, market capitalisation, liquidity, social attention or association with another asset does not indicate future performance.

You should not acquire or trade a digital asset solely because it appears on SCOOP.

You should be prepared for the possibility of losing 100% of the value you commit to a digital asset or transaction.

Losses may result from price movements, insufficient liquidity, smart-contract failures, malicious activity, user error, blockchain problems, third-party failures or circumstances that neither you nor SCOOP can predict or control.

Do not use money or digital assets that you cannot afford to lose.

SCOOP may allow independent users to deploy tokens and create markets through the SCOOP Protocol.

A token being created through SCOOP does not mean that Scoop Tech Ltd has:

• issued the token;
• approved the token;
• endorsed the token;
• verified its creator;
• assessed its value;
• assessed its legality in every jurisdiction;
• reviewed it as an investment;
• guaranteed its liquidity; or
• guaranteed that information provided by its creator is accurate.

User-created tokens may have little or no fundamental value.

A creator may abandon a project, stop communicating, sell their holdings, act against the interests of other holders or provide inaccurate or misleading information.

You are responsible for carrying out your own assessment before interacting with a token.

Newly launched digital assets are particularly risky.

They may have:

• limited trading history;
• low liquidity;
• highly concentrated ownership;
• significant price volatility;
• limited information about their creator;
• rapidly changing market conditions; and
• prices that are particularly sensitive to relatively small trades.

Early trading activity should not be interpreted as evidence that a market is stable, legitimate or likely to retain its value.

The ability to buy an asset does not guarantee that you will later be able to sell it.

Liquidity may increase or disappear rapidly.

Low liquidity can result in:

• significant slippage;
• poor execution prices;
• inability to sell the desired quantity;
• unusually large price movements; and
• substantial losses.

Liquidity may also be concentrated within particular price ranges or depend on mechanisms established when a market is created.

You should understand the liquidity conditions of a market before trading.

Markets accessible through SCOOP may use automated market makers ("AMMs"), including decentralised liquidity infrastructure.

AMMs operate differently from traditional order-book exchanges.

Prices are determined through smart-contract mechanisms and available liquidity rather than through a conventional broker or centralised exchange.

Transactions can materially affect the market price, particularly where liquidity is limited.

Displayed prices may change between the time you view a transaction and the time it is executed.

The price you ultimately receive may differ from the price displayed when you initiate a transaction.

This can occur because of:

• market movements;
• other transactions being processed before yours;
• liquidity conditions;
• transaction ordering;
• network congestion;
• slippage settings; or
• smart-contract behaviour.

Transactions may fail while still incurring blockchain network costs.

SCOOP does not guarantee execution at a particular price.

SCOOP may allow a launched token to be paired with an eligible blockchain-based quote asset.

Some quote assets may be associated with, reference, track or provide economic exposure to publicly traded stocks, exchange-traded funds or other financial instruments.

Unless expressly stated otherwise, a SCOOP-launched token:

• does not represent shares in the associated company;
• does not provide ownership of that company;
• does not provide shareholder or voting rights;
• does not provide rights to dividends;
• is not issued by the associated company;
• is not sponsored or endorsed by the associated company; and
• is not designed merely by virtue of the pairing to track the company's share price.

The two assets in a trading pair are separate assets.

For example, the fact that a token trades against an asset associated with a particular stock does not transform the launched token into that stock or into a security representing that stock.

A stock token or other quote asset may itself introduce additional risks.

Depending on the asset, these may include:

• issuer risk;
• counterparty risk;
• custody risk;
• collateral risk;
• redemption restrictions;
• tracking differences;
• market-hours differences;
• price-feed dependencies;
• regulatory restrictions;
• geographic restrictions; and
• the possibility that the asset becomes unavailable or loses its intended relationship with an underlying instrument.

SCOOP does not control the terms, backing, redemption mechanism or legal structure of independently issued quote assets.

You should review the issuer's documentation and understand the relevant asset before using it.

Trading two assets as a pair does not guarantee that either asset will maintain a particular relationship with the other.

A launched token may rise or fall independently of its paired quote asset.

Similarly, a token paired with a stock-related asset may perform entirely differently from the associated stock.

Pairing should therefore not be interpreted as a prediction, hedge, correlation guarantee or representation that the assets will move together.

Markets created through the SCOOP Protocol may contain fees and economic parameters established at launch.

Depending on the functionality available, these may include protocol fees, creator allocations, deployer fees, holder rewards or other permitted fee structures.

These mechanisms can materially affect the economics of buying, selling or holding an asset.

A higher trading fee may mean that the price of an asset must move further in your favour before a transaction becomes profitable.

You should review the applicable fee structure before trading.

The existence of creator, deployer or holder rewards does not guarantee that those rewards will exceed trading losses, transaction costs, taxes or other expenses.

People involved in creating or promoting a token may have economic interests that differ from yours.

Creators, deployers, reward recipients or other participants may receive fees or other economic benefits from activity involving a market.

This can create incentives to encourage trading or attention.

The fact that someone receives creator or deployer rewards does not mean they owe you a fiduciary duty or are acting in your interests.

Consider these incentives when evaluating a market.

Certain markets may include mechanisms that distribute rewards to eligible token holders.

Rewards are not guaranteed.

Their availability or value may depend on factors including:

• trading volume;
• applicable fees;
• smart-contract functionality;
• eligibility rules;
• wallet holdings;
• timing;
• available assets; and
• technical operation of the relevant system.

Potential rewards should not be treated as guaranteed yield, interest or investment return.

Rewards may be worth less than expected or nothing at all.

SCOOP and third-party protocols may rely on smart contracts.

Smart contracts can contain bugs, vulnerabilities, unexpected behaviour or design limitations.

Even audited or extensively tested software cannot be guaranteed to be free from defects.

A smart-contract failure could result in:

• loss of assets;
• inaccessible assets;
• incorrect fee distributions;
• failed transactions;
• unexpected market behaviour; or
• permanent loss.

Some smart contracts may be immutable or difficult to modify after deployment.

SCOOP may interact with independent decentralised protocols and blockchain infrastructure, including liquidity, routing and wallet systems.

A failure or vulnerability in one of these systems could affect transactions initiated through SCOOP even if the SCOOP interface itself is operating normally.

Scoop Tech Ltd does not control independent third-party protocols merely because SCOOP integrates with them.

Blockchain networks may experience:

• congestion;
• outages;
• reorganisations;
• forks;
• validator or sequencer failures;
• delayed transactions;
• unexpected fee increases;
• protocol upgrades; or
• other technical problems.

Changes to an underlying network may affect SCOOP, a digital asset or a market.

We cannot guarantee the continued availability or operation of any blockchain network.

Certain SCOOP functionality may depend on external price feeds or oracle systems.

Price information may be delayed, unavailable, inaccurate or manipulated.

An oracle may stop updating or behave unexpectedly during unusual market conditions.

If a smart contract depends on an incorrect or stale price, transactions or market behaviour may produce unexpected outcomes.

The presence of an oracle does not guarantee that a displayed or calculated price is accurate.

You are responsible for your blockchain wallet.

If you lose access to your wallet or private keys, your assets may be permanently inaccessible.

If another person obtains your private key, seed phrase or sufficient control over your wallet, they may be able to transfer your assets without your permission.

Scoop Tech Ltd cannot recover a lost private key or reverse an unauthorised blockchain transaction.

Never share your private key or seed phrase with SCOOP or anyone claiming to represent SCOOP.

Blockchain transactions are generally irreversible.

Sending assets to the wrong address, purchasing the wrong token, approving an unintended transaction or interacting with an incorrect contract may result in permanent loss.

SCOOP may not be able to cancel, refund or reverse a transaction once it has been submitted to a blockchain.

Always review transaction details before signing.

Open blockchain ecosystems may contain scams, impersonators and malicious assets.

A token may intentionally use a name, ticker, image or narrative resembling another company, project or asset.

A familiar name or ticker does not prove authenticity.

Social-media accounts can also be compromised, impersonated or used to promote fraudulent assets.

You should independently verify contract addresses and other important information.

Digital-asset markets, particularly markets with limited liquidity, may be susceptible to manipulation.

Examples may include:

• coordinated buying or selling;
• wash trading;
• misleading promotion;
• artificial volume;
• concentrated wallet activity;
• front-running or transaction-ordering strategies;
• pump-and-dump activity; and
• manipulation of public sentiment.

SCOOP cannot guarantee that market activity represents genuine independent demand.

A significant proportion of a token's supply may be held by a small number of wallets.

Large holders may be able to materially influence price or liquidity by buying, selling or transferring their holdings.

Wallet addresses that appear independent may also be controlled by the same person or entity.

Holder information should therefore be interpreted cautiously.

SCOOP may surface financial, company, stock and market-related news from third-party sources.

News may be:

• inaccurate;
• incomplete;
• delayed;
• subsequently corrected;
• based on unverified information; or
• interpreted differently by market participants.

A news story being displayed prominently by SCOOP does not mean the information is guaranteed to be accurate or that an associated asset will move in a particular direction.

SCOOP may use artificial intelligence or other automated systems to identify, rank, classify, summarise or associate news and market information.

Automated systems can make mistakes.

They may:

• misunderstand a story;
• associate content with the wrong company or asset;
• omit important context;
• generate inaccurate summaries;
• overstate or understate relevance; or
• fail to identify important information.

You should independently verify information before making a financial decision.

SCOOP may enable relevant stories or market events to inspire or become associated with user-created tokens or markets.

Similarly, SCOOP surfacing a story as relevant or making market-creation functionality available alongside it does not constitute:

• an investment recommendation;
• a prediction that the story will affect a particular price;
• an endorsement of a token created from the story; or
• a representation that a market is suitable for you.

Narrative-driven markets can be particularly speculative and volatile.

SCOOP may display information such as prices, charts, trades, holders, market capitalisation, volume, creator earnings or other analytics.

Such information may be calculated from blockchain or third-party data and may be delayed, incomplete or inaccurate.

Different services may calculate the same metric differently.

You should not rely exclusively on SCOOP analytics when making a transaction.

The legal and regulatory treatment of digital assets, decentralised protocols, tokenised assets and related technologies continues to develop.

Laws, regulations, regulatory interpretations or enforcement approaches may change.

Such changes could affect:

• your ability to use SCOOP;
• the availability of particular assets;
• token launches;
• trading;
• creator rewards;
• quote assets;
• blockchain networks; or
• the operation of SCOOP itself.

A feature being technically available does not necessarily mean that using it is lawful for every person in every jurisdiction.

You are responsible for understanding the laws applicable to you.

Buying, selling, receiving, creating or otherwise interacting with digital assets may have tax consequences.

Creator rewards, deployer fees, holder rewards and other distributions may also create tax liabilities.

Tax treatment varies by jurisdiction and individual circumstances.

SCOOP does not provide tax advice.

You should obtain independent professional advice where necessary.

SCOOP may depend on third-party services such as:

• wallet providers;
• blockchain infrastructure;
• RPC providers;
• decentralised exchanges;
• data providers;
• oracle providers;
• social-media platforms;
• authentication providers;
• hosting infrastructure; and
• other technology providers.

These services may become unavailable, change their terms, experience security incidents or cease operating.

This could temporarily or permanently affect parts of SCOOP.

The scoop.fun website or interface may become unavailable because of maintenance, technical failure, cyberattack, third-party outages or other circumstances.

Scoop Tech Ltd does not guarantee continuous access to the interface.

Where smart contracts are deployed on a public blockchain, they may continue operating independently of the SCOOP website.

Conversely, the existence of a smart contract does not guarantee that an accessible user interface will always be available.

Digital-asset users are frequent targets of phishing, malware, fake websites, malicious wallet approvals and social engineering.

Attackers may impersonate SCOOP, its team or other users.

Always verify that you are using the correct website and carefully inspect wallet requests before signing.

SCOOP cannot protect you from every form of malicious activity occurring outside systems we control.

Owning a digital token does not necessarily provide contractual, ownership, governance or other legal rights.

The rights associated with an asset depend on its design, issuer and applicable law.

Do not assume that purchasing a token gives you rights against Scoop Tech Ltd, a token creator, a company referenced by the token or the issuer of a paired asset unless those rights are expressly established.

Digital assets used through SCOOP should not be assumed to have the protections associated with money held in a bank account.

Unless expressly stated and legally applicable, assets are not protected by deposit-guarantee arrangements merely because you interact with them through SCOOP.

You should not assume that compensation will be available if an asset loses value or a decentralised protocol fails.

You are responsible for deciding whether to interact with SCOOP, a token, a market or a blockchain transaction.

Before transacting, you should consider:

• what asset you are acquiring;
• who created or issued it;
• what rights, if any, it provides;
• the applicable fee structure;
• available liquidity;
• ownership concentration;
• the nature of its paired asset;
• smart-contract and blockchain risks;
• whether you can afford a complete loss; and
• whether the activity is lawful for you.

Do not sign a transaction that you do not understand.

Scoop Tech Ltd does not guarantee:

• the value of any digital asset;
• the success of any launch;
• future liquidity;
• the availability of buyers or sellers;
• the accuracy of third-party information;
• any particular investment return;
• creator or holder reward amounts;
• the performance of a paired stock or quote asset;
• the security of third-party protocols; or
• that you will recover assets lost through blockchain activity.

By using SCOOP and authorising blockchain transactions, you acknowledge that you understand that digital assets and decentralised markets involve significant risks.

You accept responsibility for evaluating those risks before proceeding.

If you do not understand the risks associated with a transaction, do not sign it.

Questions about this Risk Disclosure can be sent to:

Scoop Tech Ltd
Trading as SCOOP
Email: hi@scoop.fun

This Risk Disclosure should be read together with SCOOP's Terms of Use, Privacy Policy and Disclaimer.