Potential Risk

1) It is recommended that you read the following carefully and thoroughly analyze and understand the relevant factors and risks before deciding to purchase and participate in NOVA.

Risks include, but are not limited to the following.

2) Restriction of access to NOVA due to loss of identification information, risk of purchaser negligenc e related to storage such as loss of essential private key related to digital wallet storing NOVA, risk of change in value after NOVA issuance due to global market and economic conditions, NOVA may not be able to fund the development of the NOVA ecosystem or sustain the NOVA ecosystem in the intended direction due to these uncertainties in the value of NOVA.

3) Changes in the political, social and economic environment, changes in the stock or cryptocurrency market environment, changes in the regulatory environment of countries in which NOVA and affiliates operate business, and in this environment, risks related to changes in the ability of NOVA and affiliates to survive or compete may apply existing/new regulations related to blockchain technology unfavorably to NOVAs in certain jurisdictions, as a result, significant changes may occur to the NOVA ecosystem and projects, such as abolition/loss of NOVA.

4) Changes in future capital needs of NOVA and affiliates, and risks associated with changes in the availability of financing to meet this. Lack of funding may affect the development of the NOVA protocol platform and the use and potential value of NOVA.

5) NOVA activities may be suspended, disbanded, or launch plans may be suspended due to various reasons, such as adverse fluctuations in the value of NOVA, failure of business relationships, and claims of intellectual property rights of competitors during development / operation, and this may have a negative impact on the NOVA protocol ecosystem, the NOVA, and the potential use of NOVA.