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18:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Tokens only confer governance rights regarding certain matters related to the Etherchain Protocol and are subject to limitations. They provide no governance rights with respect to Etherchain itself or its affiliates. Etherchain is not required to implement any proposal that poses an unreasonable risk of violating legal requirements or security risks, as defined in the Etherchain's bylaws or community guidelines."}]
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1a:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Tokens are solely for governance of the Etherchain Protocol. Token holders have no economic or other rights concerning the Protocol or the Etherchain. Accordingly, you should have no expectation of profit from the success or failure of ETHAI, the Etherchain Protocol, or the Etherchain. Economic benefits from the Protocol are expected to accrue to the Etherchain, platform users, service providers, or others. Purchasing the Tokens should be based solely on a desire to participate in governance, not on any specific rights or features."}]
1b:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Insufficient Participation in Governance"}]
1c:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Token holder governance requires a minimum quorum of 1% of the total votable Token supply for proposals to be effective. Insufficient participation may render proposals ineffective, even if enacted. The Token Sale does not require a minimum number of Tokens to be purchased."}]
1d:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Declining Interest in Governance"}]
1e:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Interest in participating in governance through the Tokens may decline over time due to limited participation, dissatisfaction with governance decisions, or other reasons. Your decision to purchase the Tokens should not be based on expectations of increasing value or sustained interest."}]
1f:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Changes to Governance Rights"}]
20:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Token holder proposals may lead to changes in the governance rights of the Etherchain Protocol. The Etherchain is not responsible for such changes."}]
21:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Larger Holders Influencing Governance Decisions"}]
22:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"All ETHAI have equal voting power, but no wallet may vote more than 1% of the total Token supply. Despite these restrictions, coordinated efforts by holders may exceed the threshold. This could lead to larger stakeholders exerting undue influence on governance decisions."}]
23:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Dependence on Third Parties for Governance Functionality"}]
24:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Participation in governance requires access to third-party services, such as forums and voting platforms. If these services become unavailable, your ability to participate in governance may be limited or interrupted."}]
25:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risks and Uncertainty of Classification of Digital Assets"}]
26:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Regulation of tokens, cryptocurrencies, blockchain technologies, and exchanges is rapidly evolving and uncertain. Future laws or regulations may adversely impact ETHAI and the Etherchain Protocol. If ETHAI were deemed securities, additional restrictions may apply, affecting their use and resale."}]
27:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risks from Taxation"}]
28:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The tax treatment of ETHAI is uncertain. You should seek professional tax advice regarding acquisition, storage, transfer, and use of ETHAI, as adverse tax consequences may apply."}]
29:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"\"As-Is\" Status of Tokens and Protocol Proceeds"}]
2a:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Etherchain Governance Platform is offered \"as-is\" without further development. Proceeds from the Token Sale will be allocated to operational expenses and contingent obligations, not to developing or enhancing the governance functionality."}]
2b:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Malfunction or Security Weaknesses"}]
2c:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Etherchain Protocol may experience malfunctions or vulnerabilities, including service attacks or bugs. Such issues could result in loss of Tokens or inability to participate in governance."}]
2d:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Advancements in Cryptography"}]
2e:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Breakthroughs in cryptography, such as quantum computing, could render the Ethereum blockchain or ETHAI's cryptographic mechanisms ineffective, potentially compromising Token security and utility."}]
2f:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"ETHAI Are Nontransferable"}]
30:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"ETHAI are non transferable and cannot be resold. Do not purchase ETHAI as an investment or with the expectation of resale or profit, ETHAI may be traded and sold on exchanges once the presale has concluded."}]
31:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Additional Token Issuances"}]
32:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Etherchain reserves the right to issue other tokens in the future with different features or functionality, which may affect the utility or governance of ETHAI."}]
33:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Unknowable or Unfavorable Regulatory Development"}]
34:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Future regulatory developments could adversely affect the adoption and utility of ETHAI and the Etherchain Protocol. This includes domestic or international actions that impose additional restrictions on token functionality or governance."}]
35:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Security Weaknesses in Core Infrastructure"}]
36:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Etherchain Protocol relies on open-source and proprietary software, which may contain vulnerabilities. Such vulnerabilities could harm the Protocol's reputation, reduce user activity, or lead to significant disruptions."}]
37:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risks Associated with Data Privacy Laws"}]
38:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"Data protection laws may affect the Etherchain Protocol's operations. Breaches in data security could harm the Protocol's reputation, leading to reduced user confidence and utility."}]
39:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risks of Indemnity Obligations"}]
3a:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The Etherchain's indemnity obligations may adversely impact its financial stability. The governing documents of the Etherchain limit liability for directors and officers but require indemnification under certain circumstances."}]
3b:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Risk of Loss of Key Personnel"}]
3c:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"The success of the Etherchain Protocol depends on key individuals. Loss of these individuals could negatively impact operations, governance, and the Protocol's overall success."}]
3d:["$","h4",null,{"className":"text-xl font-semibold text-white mb-8","children":"Unanticipated Risks"}]
3e:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-8","children":"As cryptographic tokens are a nascent technology, unforeseen risks may emerge, including combinations of known risks or entirely new threats."}]
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40:["$","h4",null,{"className":"text-xl font-semibold text-white mb-4","children":"Disclosures About Risks Related to the Etherchain Protocol"}]
41:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-4","children":"You should not purchase Tokens based on expectations about the success, features, or functionality of the Etherchain Protocol. If these expectations motivate your decision, you should refrain from purchasing Tokens."}]
42:["$","p",null,{"className":"text-gray-300 leading-relaxed mb-4","children":"The Etherchain Protocol's features are subject to change, and unforeseen circumstances may arise. The Etherchain will determine the scope and implementation of changes to the Protocol's functionality and governance. Third-party dependencies and regulatory uncertainties may impact the Protocol's success."}]
43:["$","p",null,{"className":"text-gray-300 leading-relaxed","children":["The Protocol's long-term viability is not guaranteed, and potential risks include operational challenges, reputational harm, and regulatory constraints. ",["$","strong",null,{"className":"text-ethai","children":"Your purchase of ETHAI should reflect a desire to participate in governance without expectation of financial gain."}]]}]
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