Risks associated

Last Updated: October 17, 2024

Using Civitia involves certain inherent risks that users should be aware of. While we strive to provide a secure and enjoyable gaming experience, it is essential to understand the following risks associated with our decentralized gaming application.

1. Smart contract risks

Civitia operates on smart contracts, which are self-executing contracts with the terms directly written into code. While smart contracts are designed to be secure, they are not immune to bugs or vulnerabilities. Issues in the code could lead to unintended consequences, including loss of assets or disruption of services. Users should understand that any interactions with smart contracts carry a risk of failure.

2. Security vulnerabilities

As a decentralized application, Civitia may be exposed to various security vulnerabilities, including but not limited to:

  • Hacks and Exploits: Cyberattacks targeting decentralized applications can lead to unauthorized access, theft of assets, or manipulation of game mechanics.

  • Phishing Attacks: Users may be susceptible to phishing attempts designed to steal wallet information or private keys. It is crucial for users to remain vigilant and only interact with official Civitia channels.

3. Market risks

While Civitia focuses on in-game utility items rather than financial investments, users should be aware that the value of NFTs and in-game assets may fluctuate based on market demand and supply dynamics. This volatility can affect the desirability and usability of in-game items.

4. Regulatory risks

The regulatory landscape surrounding blockchain technology and gaming is constantly evolving. Changes in regulations could impact how Civitia operates or restrict access to certain features. Users should remain informed about applicable laws and regulations in their jurisdictions.

5. User responsibility

Users are responsible for safeguarding their web wallets (e.g., MetaMask, Keplr, Phantom, Initia Wallet) used to access Civitia. This includes:

  • Private Key Security: Users must ensure that their private keys and recovery phrases are kept secure and confidential. Sharing or exposing this information can lead to unauthorized access and loss of assets.

  • Wallet Management: Users should regularly monitor their wallet activity and transactions for any unauthorized actions. It is essential to use wallets from reputable sources and ensure they are updated to the latest versions.

  • Caution with Links: Users should exercise caution when clicking on links or interacting with third-party services related to Civitia. Always verify that you are using official channels to avoid phishing scams.

6. Limited recourse

In the event of a loss due to smart contract failure, hacking, or other unforeseen circumstances, users may have limited recourse for recovering lost assets. Unlike traditional financial systems, decentralized applications operate without centralized authorities that can intervene in disputes or recover lost funds.

By using Civitia, you acknowledge and accept these risks associated with decentralized gaming applications. We encourage users to exercise caution and conduct their own research before engaging with our platform.

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