Before deciding to use an Btcopyright (ABTC), it is imperative to consider all of the risk factors listed below, as well as all of the information contained in the Terms of Use.
To the best of Cyber Security Group LLC's ("Company," "us" or "we") knowledge, all material risk factors that may affect your informed decision to use an Btcopyright ABTC Coin are set forth below. If any of the following considerations, uncertainties or material risks develops into actual events, the business, financial position and/or results of operations of the Company and the maintenance and level of usage of the Btcopyright ABTC Coin could be materially and adversely affected.
In such cases, the price or market value of the Btcopyright ABTC Coin (in the case where they are listed on a cryptocurrency exchange or a crypto-to-crypto exchange) may decline due to any of these considerations, uncertainties or material risks, and you may lose all or part of your Btcopyright ABTC Coin.
The Btcopyright ABTC Coin ("ABTC Coin") refers to a general purpose cryptocurrency implemented on the own blockchain made with forked Bitcoin public blockchain. The coin is intended for use on decentralized cryptocurrency exchanges, custodial and non-custodial wallets, and other services supporting the Btcopyright blockchain.
ABTC Coin is not a currency issued by any national, supra-national or central bank or organization.
The ABTC Coin is backed by bank guarantees in the amount of approximately $80,000,000. The lowest price of the coin is also pegged and backed by the Company to the price of gold, with 0.1 ounce of gold representing the equivalent initial price of one (1) ABTC Coin. The price of gold may fluctuate, which may decrease or increase the minimum supported price of the ABTC Coin. However, the potential coin price will be determined by market demand.
There is no preliminary market for ABTC Coin, and neither professional adjustment of its minimum value level by the coin's team, nor the increased number of cryptocurrency exchanges supporting it, may not result in either an active or a liquid market for ABTC Coin.
ABTC Coin will be priced according to the cost of 0.1 ounce of gold at the time of purchase. The minimum price of the ABTC Coin will be largely determined by the value of gold, and the maximum price level will be determined by external factors and market forces that are beyond the control and competence of Cyber Security Group LLC. It is possible that due to possible demand, or a lack of demand, the price of the ABTC Coin may increase the cost of 0.1 ounce of gold.
There is no guarantee that ABTC Coin will be approved/accepted for trading on third-party cryptocurrency exchanges.
No assurance is given that ABTC Coin will be tradeable for other crypto assets.
In the case of a successful listing of ABTC Coin (obtaining permission to trade ABTC Coin) on any third-party cryptocurrency exchange, there is no guarantee that an active or liquid market for ABTC Coin will emerge, and if it does, there is no guarantee that this market will be sustainable.
Trading of ABTC Coin will depend on the consensus of its value between market participants but is planned to not be lower than the market price range for 0.1 ounce of gold.
No one is obligated to purchase any ABTC Coin from any holder of ABTC Coin.
There is no guarantee of liquidity or market price of ABTC Coin in any volume and at any time.
At any given time in transacting in ABTC Coin, there may be limited or no liquidity in the ability to buy and/or sell ABTC Coin to effectuate transactions. The Company bears no responsibility for this lack of liquidity in ABTC Coin nor in maintaining a support (floor) and resistance (ceiling) price for ABTC Coin at any moment of time.
Liquidity refers to the extent to which a market allows assets to be bought and sold at stable prices. Lower liquidity tends to result in a more volatile market (especially when large orders are placed), and it causes prices to change more drastically; whereas higher liquidity creates a less volatile market, and prices do not fluctuate as significantly.
There is no assurance that the market price of ABTC Coin will not decline below its original purchase price (Purchase Price). However, the Company will maintain the minimum coin price at the current price of 0.1 ounces of gold.
The purchase price is not an indication of the market price of ABTC Coin after it becomes available for trading on any third-party cryptocurrency exchange.
ABTC Coin may not be resold to any jurisdiction where the purchase/sale of ABTC Coin may be in violation of applicable laws (including but not limited to laws regulating controlled substances such as cannabis, alcohol, and other narcotics, and securities regulations).
The Company cannot ensure that there will be any demand or market for ABTC Coin, or that the Purchase Price is indicative of the market price of 0.1 ounces of gold, and ABTC Coin, after they have been made available for trading on a cryptocurrency or crypto-to-crypto exchange.
Any future sale of the ABTC Coin would increase the supply of ABTC Coin in the market and this may result in downward price pressure on the ABTC Coin.
Negative publicity or unfavorable press or media coverage may materially and adversely affect the price of the ABTC Coin.
Negative publicity involving the Company Cyber Security Group LLC, ABTC Coin or btcopyright.com website or any of the key personnel of the Company, may materially and adversely affect the price of the ABTC Coin.
Regulation of cryptocurrencies in the US or worldwide may materially and adversely affect the market perception or market price of the ABTC Coin, whether or not it is.
We may not be able to credit customer accounts for loyalty points generated and/or reward programs in the future.
There are no guarantees for the success of the ABTC Coin or that any future business lines planned by Cyber Security Group LLC will be launched and will generate enough customers.
The value and demand for the ABTC Coin depends on the market demand for gold, and also depends significantly on the constant and active participation of its users in affecting price and determining it independently.
Notwithstanding implemented and to-be implemented security measures, there is no assurance that there will be no theft of the cryptocurrencies as a result of hacks, sophisticated cyber-attacks, distributed denials of service or errors, vulnerabilities or defectsof wallets. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof.
The financial technology, precious and industrial metals, and cryptocurrency industries, in which Cyber Security Group LLC compete in have grown rapidly over the past ten years and continue to evolve in response to new technological advances, changing business models, shifting regulations and other factors. As a result of this constantly changing environment, Cyber Security Group LLC may face operational difficulties in adjusting to the changes, and the sustainability of business will depend on its ability to manage its operations, and ensure that it hires qualified and competent employees, and provides proper training for its.
As the business grows, Cyber Security Group LLC. will need to expand and adapt its operational infrastructure by relying on its blockchain-based software systems, cloud network, cryptocurrency wallets or other relevant coin storage mechanisms and blockchain technology.
All of these systems, tools and skills represent a complex, expensive and rapidly changing technical infrastructure. To demonstrate its ability to effectively manage its ABTC Coin technical support infrastructure, Cyber Security Group LLC will continue to upgrade and improve its data systems, technical expertise and other operating systems, procedures and controls, and may increasingly rely on hosted third-party computer services that the Company may not control.
In order to demonstrate continued innovation, Cyber Security Group LLC will need to continue to upgrade and improve its operations, procedures and controls. These upgrades and enhancements will require resources and will likely be complex. If the company fails to adapt its systems and organization to changing circumstances in a timely, efficient and cost-effective manner, its business, financial condition and results of operations could be adversely affected.
If third parties that Cyber Security Group LLC relies on experience a security breach or otherwise suffer a disruption that affects the services used by Cyber Security Group LLC, the integrity and availability of its internal information may be compromised, which could subsequently result in the loss of confidential or proprietary information as well as economic consequences.
Loss of financial, labor or other resources, or any other adverse impact on Cyber Security Group LLC's business, financial condition and operations will have a direct negative impact on Cyber Security Group LLC's ability to maintain the ABTC Coin and/or structure and license the intended future business lines of Cyber Security Group LLC. Any adverse effects affecting Cyber Security Group LLC's business or technology are also likely to adversely affect the usefulness, liquidity and trading price of the ABTC Coin.
The btcopyright.com website may experience system failures, unplanned interruptions to their network or services, hardware or software defects, security breaches or other causes that may adversely affect the infrastructure of Cyber Security Group LLC and/or ABTC Coin.
Cyber Security Group LLC cannot predict when hacks, cyberattacks, distributed denials of service or errors, vulnerabilities or defects in the ABTC Coin, btcopyright.com website on which Cyber Security Group LLC rely will occur.
Such events may include, for example, flaws in the programming or source code leading to their exploitation or misuse. Cyber Security Group LLC may not be able to detect such hacks, cyber-attacks, distributed denial of service vulnerabilities or defects in a timely manner, and may not have sufficient resources to effectively handle multiple service incidents occurring simultaneously or quickly.
The operation of btcopyright.com and/or Cyber Security Group LLC may be disrupted by numerous events, including natural disasters, equipment failure, network connectivity disruption, loss of power, or even intentional disruption of its services, such as failures caused by software viruses or attacks by unauthorized users, some of which are beyond the control of Cyber Security Group LLC.
Cyber Security Group LLC, the btcopyright.com website may be susceptible to attacks on its infrastructure to steal its technology, financial data or user information, or to take other actions that could harm Cyber Security Group LLC and/or ABTC Coin holders. Any significant breach of the security measures of Cyber Security Group LLC and/or the btcopyright.com website, or other breaches resulting in the usability, stability and security of btcopyright.com and the ABTC Coin may adversely affect the usefulness, liquidity and/or trading price of the ABTC Coin.
Cyber Security Group LLC depends in part on the location of third-party data centers. Cyber Security Group LLC's current infrastructure network is built in part by servers we own, but are hosted at third-party facilities, as well as servers we lease from third-party data centers.
If Cyber Security Group LLC is unable to renew its data facility lease on commercially reasonable terms or at all, Cyber Security Group LLC may be required to transfer its servers to a new data center facility, and may incur significant costs and possible service interruption in connection with the relocation.
These facilities are also vulnerable to damage or interruption from, among others, natural disasters, arson, terrorist attacks, power losses, and telecommunication failures. Additionally, the third-party providers of such facilities may suffer a breach of security as a result of third-party action, employee error, malfeasance or otherwise, and a third party may obtain unauthorized access to the data in such servers.
As techniques used to obtain unauthorized access to, or to sabotage systems change frequently and generally are not recognized until launched against a target, Cyber Security Group LLC and the providers of such facilities may be unable to anticipate these techniques or to implement adequate preventive measures. Any such security breaches or damages which occur which impact upon Cyber Security Group LLC infrastructure network may adversely impact the utility, liquidity, and/or trading price of the ABTC Coin.
The general global market, market prices of gold, and economic conditions may have an adverse impact on ABTC Coin price. General weaknesses in the economy may have a negative effect on Cyber Security Group LLC business, operations and financial condition, including decreases in revenue and operating cash flows, and inability to attract future equity and/or debt financing on commercially reasonable terms. Additionally, in a down-cycle economic environment, ABTC Coin may experience the negative effects of a slowdown in trading and may delay or cancel the structuring, licensing, and launch of the anticipated ABTC Coin Future Business Lines.
Suppliers on which Cyber Security Group LLC rely for servers, bandwidth, location, and other services could also be negatively impacted by economic conditions that, in turn, could have a negative impact on Cyber Security Group LLC operations or expenses. There can be no assurance, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a significant adverse impact on Cyber Security Group LLC business, financial condition and results of operations and/or ability to structure, license and launch the ABTC Coin Future Business Lines. Any such circumstances would then correspondingly negatively impact the utility, liquidity, and/or trading price of the ABTC Coin. Cyber Security Group LLC or the ABTC Coin may be affected by newly implemented.
Cryptocurrency trading (especially a currency tied to the price of a gram of gold) is generally unregulated worldwide and highly uncertain, while numerous regulatory authorities across jurisdictions have considered implementing regulatory regimes which govern cryptocurrency or cryptocurrency markets. Any such regulations could then negatively impact the security, utilization, liquidity, and/or trading price of the ABTC Coin.
Cyber Security Group LLC or the ABTC Coin may be affected by newly implemented regulations relating to the crypto industry, including having to take measures to comply with such regulations, or having to deal with queries, notices, requests or enforcement actions by regulatory authorities, which may come at a substantial cost and may also require substantial modifications to the ABTC Coin and/or the anticipated ABTC Coin Future Business Lines. This may affect the attractiveness of ABTC Coin and lead to a decrease in its usage.
Should the costs (financial or otherwise) of complying with such newly implemented regulations exceed a certain threshold, maintaining the ABTC Coin and structuring, licensing, and launching the ABTC Coin Future Business Lines may no longer be commercially viable and Cyber Security Group LLC may decide to cease supporting the ABTC Coin and its prospective future business lines.
It is difficult to predict how or whether governments or regulatory authorities may implement any changes to laws and regulations affecting distributed ledger technology and its applications, including the ABTC Coin and its anticipated future business lines.
Cyber Security Group LLC may also have to cease operations in a jurisdiction that makes it illegal to operate in such jurisdiction, or make it commercially unviable or undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction. In scenarios such as the foregoing, the utility, liquidity, and/or trading price of ABTC Coin will be adversely affected or ABTC Coin may cease to be traded.
There may be unforeseen risks arising from cryptographic tokens, such as the ABTC Coin, that are part of a relatively new and dynamic technology. In addition to the risks included in the above discussion of Risk Factors, there are other risks associated with the purchase, storage and use of ABTC Coin, including those that Cyber Security Group LLC cannot anticipate. Such risks may manifest as unforeseen variations or combinations of the risks discussed.
Risks relating to the US federal and state laws affecting the legal crypto industry and certain activities involving cryptocurrencies remaining illegal under certain US state laws. Such activities include but are not limited to: (a) transferring of cryptocurrencies to minors, (b) using cryptocurrencies for the purchase of certain substances such as tobacco and alcohol, (c) sending large sums of cryptocurrency abroad, and (d) other criminal activity or violence associated with the sale/sending and purchasing/receival of cryptocurrencies.
If Cyber Security Group LLC fail to prevent certain users from using ABTC Coin in violation of U.S. federal law, this could result in civil and/or criminal liability for Cyber Security Group LLC, as well as negatively impact the utility, liquidity and/or trading price of ABTC Coin, which could even cause ABTC Coin to cease to exist.
