Risk Disclosure Statement
Effective Date: May 26, 2026 | Last Updated: May 26, 2026
IMPORTANT: THIS DOCUMENT CONTAINS MATERIAL RISK DISCLOSURES. PLEASE READ IN FULL BEFORE USING ANY FINANCIAL OR TRADING FEATURES OF THE OMNIBAZAAR PLATFORM. PARTICIPATION IN DIGITAL ASSET TRADING, DECENTRALIZED EXCHANGE, YIELD PRODUCTS, AND PREDICTION MARKETS INVOLVES SUBSTANTIAL RISK OF LOSS, INCLUDING THE POSSIBLE LOSS OF YOUR ENTIRE INVESTMENT.
This Risk Disclosure Statement ("Disclosure") is provided by Omni Administration Ltd. and its affiliated organization Omni Development DAO (collectively, "OMNI," "we," "us," or "our") to inform users of the OmniBazaar platform ("Platform") of the material risks associated with using the Platform's financial, trading, and marketplace features. This Disclosure is incorporated by reference into the OmniBazaar Terms of Service and should be read in conjunction with that document and the OmniBazaar Privacy Policy.
OmniBazaar is a noncustodial, decentralized peer-to-peer platform. OMNI does not provide investment advice, financial advice, legal advice, or tax advice. Nothing in this Disclosure or elsewhere on the Platform constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any financial instrument, digital asset, or security. You are solely responsible for your own financial decisions.
1.General Platform Risks
1.1Software Risk
OmniBazaar is a software platform in active development. All software contains the possibility of bugs, errors, vulnerabilities, and unintended behavior. While OMNI takes reasonable steps to test and secure the Platform, we cannot guarantee that the Platform will operate without interruption, error, or vulnerability at all times. Software defects could, in certain circumstances, result in loss of access, failed transactions, or unintended outcomes. Users should not interact with the Platform using funds they cannot afford to lose.
1.2Noncustodial Risk
OmniBazaar is a fully noncustodial platform. OMNI does not hold, manage, or control your funds, private keys, or wallet credentials at any time. If you lose access to your wallet, private key, or seed phrase, your funds may be permanently and irrecoverably lost. OMNI has no ability to recover lost credentials, reverse on-chain transactions, or restore lost assets under any circumstances. You bear sole responsibility for the security and backup of your wallet credentials.
1.3Regulatory and Legal Risk
The legal and regulatory landscape for decentralized applications, digital assets, and peer-to-peer commerce is evolving rapidly and varies significantly by jurisdiction. Features that are legally permissible today in a given jurisdiction may become restricted or prohibited by future regulatory action. Users are solely responsible for ensuring that their use of the Platform complies with all applicable laws and regulations in their jurisdiction at all times. Regulatory changes could materially affect the availability of Platform features, the value of digital assets, or your ability to access funds.
1.4Smart Contract Risk
Certain Platform features interact with smart contracts deployed on public blockchains. Smart contracts, once deployed, are generally immutable and may contain bugs, vulnerabilities, or logic errors that cannot be corrected after deployment. Exploitation of a smart contract vulnerability could result in partial or total loss of funds without recourse. OMNI does not guarantee the security, correctness, or continued functionality of any smart contract, including those it has developed or audited.
1.5Network and Infrastructure Risk
The Platform depends on third-party infrastructure, including public blockchain networks, internet connectivity, node operators, RPC providers, and IPFS gateways. Network congestion, outages, forks, protocol upgrades, or failures on underlying blockchain networks -- including the OmniCoin blockchain and any other supported chains -- may result in transaction delays, failures, or losses. OMNI has no control over third-party network infrastructure and accepts no liability for disruptions, losses, or adverse outcomes caused thereby.
1.6Platform Discontinuation Risk
OMNI does not guarantee the indefinite availability or continued operation of the Platform or any feature thereof. The Platform may be modified, suspended, or discontinued at any time for any reason, including regulatory requirements, technical constraints, or business decisions. Because the Platform is noncustodial, discontinuation of the Platform does not affect your ownership of digital assets held in your personal wallet; however, your ability to use Platform features to trade, earn yield, or access certain services would cease.
2.Digital Asset and OmniCoin (XOM) Risks
2.1Price Volatility
Digital assets, including OmniCoin (XOM) and all other tokens supported on the Platform, are highly volatile. The value of any digital asset may increase or decrease dramatically over short periods of time, including to zero. Past performance of any digital asset is not indicative of future results. You should never hold, trade, or otherwise interact with digital assets using funds you cannot afford to lose entirely.
2.2No Guarantee of Value
OMNI makes no representation, warranty, or guarantee regarding the future value, utility, liquidity, or market acceptance of XOM or any other digital asset. The target launch price of XOM is an internal planning figure only and is not a promise, guarantee, or commitment regarding market performance. Actual market prices following launch will be determined by market forces, demand, liquidity, and a wide range of factors outside OMNI's control.
2.3Liquidity Risk
Digital assets, particularly those in early stages of market development, may have limited liquidity. You may not be able to sell or exchange your XOM or other digital assets at a time or price of your choosing. Thin markets and low trading volume can result in significant price impact when buying or selling, and market conditions can change rapidly.
2.4Token Supply and Tokenomics
OmniCoin has a maximum lifetime supply of approximately 16.6 billion XOM, reflecting the permanent burn of approximately 8.4 billion tokens from an original supply of 25 billion. Approximately 4.1 billion XOM was issued through the legacy platform and is currently in circulation, with the remaining approximately 12.5 billion to be issued over time through block rewards. Changes to burn rates, issuance schedules, staking parameters, reward structures, or other tokenomic variables may affect the value and utility of XOM. OMNI reserves the right to adjust these parameters in the ordinary course of platform development, subject to applicable disclosure obligations.
2.5Blockchain Migration and Protocol Risk
The OmniCoin blockchain is subject to ongoing development, protocol upgrades, and potential migration. A blockchain migration or protocol change may result in temporary unavailability of XOM, changes to wallet compatibility, changes to transaction mechanics, or other disruptions. OMNI will endeavor to communicate clearly about any planned migration well in advance, but cannot guarantee uninterrupted service during such events.
2.6No Securities Representation
XOM is a utility token intended for use within the OmniBazaar ecosystem. OMNI makes no representation that XOM does or does not constitute a security, investment contract, commodity, or any other regulated financial instrument under the laws of any jurisdiction. The legal and regulatory classification of XOM may vary by jurisdiction and may change over time as regulatory frameworks evolve. Users are solely responsible for determining the applicable legal classification of XOM and any other digital asset in their jurisdiction and for complying with all relevant laws.
2.7Counterparty and Exchange Risk
If you hold XOM or other digital assets on any third-party exchange, wallet service, or custodial platform, you are subject to the risks of that third party, including insolvency, fraud, hacking, regulatory action, or withdrawal restrictions. OMNI has no control over and accepts no responsibility for the practices or solvency of any third-party service holding your assets.
3.Decentralized Exchange (DEX) Risks
3.1General Trading Risk
Trading digital assets on OmniBazaar's decentralized exchange -- including spot trading, token swaps, and cross-chain bridging -- involves substantial financial risk. Digital asset prices can move rapidly and unpredictably. You may lose part or all of the value of assets traded. Trading is not appropriate for users who cannot sustain financial loss.
3.2Perpetual Futures Risk
Perpetual futures trading may not be available at all times or in all jurisdictions; where it is offered, access is subject to the restrictions described in Section 3.7. The following risks apply wherever the perpetual futures feature is available. Perpetual futures contracts are leveraged derivative instruments that carry a significantly elevated level of risk compared to spot trading. Leveraged positions amplify both potential gains and potential losses. A position may be liquidated -- resulting in total loss of your margin -- if the market moves against your position beyond your liquidation threshold. Perpetual futures carry additional complexity through funding rate mechanisms, which may result in ongoing costs to maintain a position. These products are not appropriate for inexperienced traders or those who cannot afford to sustain total loss of the amount committed. You should thoroughly understand the mechanics of perpetual futures, including leverage, margin, funding rates, and liquidation, before engaging with these products.
3.3Slippage and Execution Risk
In decentralized exchange environments, the execution price of a trade may differ from the quoted price at the time of submission due to market movement between submission and confirmation, liquidity conditions, or transaction processing time on the relevant blockchain. This difference, known as slippage, is inherent to decentralized trading and may result in less favorable execution than anticipated. OMNI does not guarantee any particular execution price.
3.4MEV, Front-Running, and Sandwich Attack Risk
Maximal Extractable Value (MEV) exploitation is a significant and well-documented risk in decentralized exchange trading. MEV refers to profit extracted by third-party bots and actors who monitor the public blockchain mempool for pending transactions and insert their own transactions to profit at the expense of the original user. The most common form affecting DEX users is the sandwich attack: a bot detects a user's pending trade, buys the asset first to inflate the price, allows the user's trade to execute at a worse price, then immediately sells -- capturing the price difference as profit. MEV bots operate autonomously and continuously. OMNI has no ability to prevent, detect, or compensate users for MEV losses. The risk of MEV exploitation is inherent to trading on public blockchains and cannot be fully eliminated. Users may reduce their exposure by: setting conservative slippage tolerances; using MEV-protection tools or private RPC endpoints where available; avoiding large trades in low-liquidity pools; and splitting large orders into smaller tranches. OMNI accepts no liability for losses arising from MEV exploitation, front-running, sandwich attacks, or related blockchain execution risks under any circumstances.
3.5Liquidity Provider and Impermanent Loss Risk
Users who contribute liquidity to trading pairs on the OmniBazaar DEX are subject to impermanent loss -- a reduction in the value of their deposited assets relative to simply holding those assets outside the pool, arising from price divergence between paired assets. Impermanent loss can be significant and, in certain market conditions, may exceed any fees earned from providing liquidity. Liquidity provision is not a risk-free activity and should be undertaken only with a full understanding of the mechanics and risks involved.
3.6Bridge and Cross-Chain Risk
Bridging digital assets between blockchain networks involves additional layers of smart contract risk, potential custodial risk on certain bridge protocols, and the possibility of transaction failure, delay, or asset loss. Cross-chain bridge protocols have historically been among the most frequently exploited targets in the digital asset ecosystem. OMNI does not control third-party bridge infrastructure and accepts no liability for losses arising from bridge failures, exploits, or delays.
3.7Regulatory Risk Specific to DEX Activity
Decentralized exchange activity, including token swaps, bridging, and derivatives trading, may be subject to regulation by financial authorities in various jurisdictions, including but not limited to the U.S. Commodity Futures Trading Commission (CFTC), the U.S. Securities and Exchange Commission (SEC), the European Securities and Markets Authority (ESMA), the UK Financial Conduct Authority (FCA), and equivalent bodies in other countries. The UK has enacted a comprehensive statutory framework for cryptoasset regulation -- the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026, enacted February 4, 2026 -- covering activities including staking, lending, borrowing, and DeFi platforms where a controlling entity can be identified. The FCA's detailed implementing rules are expected to be finalized during 2026, with the regime coming into force on October 25, 2027. UK users should be aware that access to DEX and financial features may be subject to FCA regulation or restriction. The regulatory classification of DEX and financial platform activity is evolving rapidly across all major jurisdictions and may change significantly in the near term. Users are solely responsible for determining whether and to what extent their trading activity is subject to applicable regulation in their jurisdiction and for complying accordingly.
4.Yield and Staking Risks
4.1Yield Is Not Guaranteed
Yield rates displayed on the Platform -- including those for liquid staking, lending, liquidity provision, restaking, and real estate or treasury yield products -- are historical, estimated, or projected figures and are not guaranteed. Actual yield may be materially lower than displayed, may fluctuate significantly, or may cease entirely depending on market conditions, protocol changes, governance decisions, or other factors. The display of a yield rate on the Platform does not constitute a promise or guarantee of that return. Displayed APR figures are estimates based on current conditions at the time of display and may not reflect actual returns. Past displayed rates are not indicative of future rates. Any specific yield percentage shown on the Platform -- including the targeted staking APR for OmniCoin (XOM) -- is a projection only and carries no guarantee of achievement.
4.2Third-Party Protocol Risk
Yield products available on the Platform are aggregated from third-party DeFi protocols. OMNI does not operate these underlying protocols and has no control over their governance, security, or continued operation. Each underlying protocol carries its own smart contract risk, governance risk, oracle risk, and liquidity risk. A failure, exploit, or adverse governance decision in an underlying protocol could result in partial or total loss of assets deposited into that protocol. Users should independently research any protocol before depositing assets. Additionally, staking and lending activities may be subject to regulatory oversight in certain jurisdictions -- including under the UK's enacted cryptoasset statutory framework (the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026), which explicitly extends to staking and lending intermediaries where a controlling entity exists, with detailed FCA implementing rules expected in 2026 and the regime coming into force October 25, 2027. Users in the UK and EU should determine whether their participation in yield products is subject to applicable financial regulation before proceeding.
4.3XOM Staking
Staking XOM for platform yield is subject to the continued operation and development of the OmniCoin blockchain and the OmniBazaar platform. Staking rewards are targets, not guarantees, and may change based on platform conditions, participation rates, and tokenomic parameters. Staked assets may be subject to lock-up periods or unstaking delays during which they cannot be accessed or traded. Changes to staking parameters may affect the effective yield and terms of participation.
4.4Real Estate and Treasury Yield Products
Yield products tied to real estate or treasury instruments involve exposure to real-world asset markets and carry interest rate risk, credit risk, counterparty risk, and regulatory risk in addition to the digital asset risks described elsewhere in this Disclosure. These products are not insured by any government deposit insurance program, are not bank deposits, and carry risk of partial or total principal loss. Performance depends on the underlying real-world assets and the protocols that tokenize and manage them, none of which are controlled by OMNI.
4.5DeFi Aggregator Risk
OmniBazaar's yield feature aggregates across hundreds of DeFi protocols and positions. The breadth of this aggregation means that users may have exposure to protocols, chains, or asset types they have not individually reviewed or consented to. Users are responsible for understanding the composition and risk profile of any yield position they enter through the Platform.
5.Tokenized Assets and Real-World Assets (RWAs)
OmniBazaar provides access to a broad and changing universe of tokenized real-world assets (RWAs), including tokenized stocks, bonds, commodities, ETFs, real estate, and carbon credits. Users should be aware of the following risks specific to tokenized assets:
- Tokenized assets are not the same as direct ownership of the underlying asset. They may not carry the same legal rights, dividend entitlements, voting rights, redemption rights, or regulatory protections as direct ownership of the underlying asset.
- The value of a tokenized asset is derived from the underlying asset, which is subject to market risk, credit risk, liquidity risk, currency risk, and regulatory risk. Declines in the value of the underlying asset will generally be reflected in the value of the tokenized instrument.
- Tokenized securities may be subject to securities regulation in your jurisdiction. Access to certain tokenized assets may be restricted based on your country of residence, investor classification, or applicable regulatory requirements. Users located in the United States should be aware that tokenized securities may be subject to regulation by the U.S. Securities and Exchange Commission (SEC). Users in the European Union should be aware of applicable requirements under the Markets in Crypto-Assets (MiCA) regulation and related instruments. Users are solely responsible for determining whether access to and trading of any tokenized asset is lawful in their jurisdiction.
- The issuers of underlying assets and the protocols that tokenize them are third parties over which OMNI has no control. OMNI does not guarantee the accuracy of tokenization, the creditworthiness of issuers, or the continued availability of any tokenized asset on the Platform.
- Carbon credit markets are subject to evolving regulatory standards, verification methodologies, and market integrity concerns that could materially affect the value, tradability, or recognition of carbon credit instruments.
- Tokenized assets may have limited liquidity, and secondary markets for certain tokenized instruments may be thin or nonexistent. You may be unable to sell or redeem a tokenized asset at a time or price of your choosing.
OMNI does not make any representation regarding the legal status of any tokenized asset in any jurisdiction. Users are solely responsible for their own legal and regulatory compliance with respect to tokenized asset activity.
6.NFT and AI-Generated Digital Art Risks
OmniBazaar provides a marketplace for non-fungible tokens (NFTs) and AI-generated digital artwork. Users who mint, list, buy, or sell NFTs or AI-generated art on the Platform should be aware of the following risks:
5A.1NFT Volatility and Value Risk
NFTs are speculative digital assets whose value is determined entirely by market demand. NFT markets have historically been subject to extreme volatility, rapid price collapse, and extended periods of near-zero liquidity. The value of any NFT listed or purchased on the Platform may decline to zero without warning. Past trading prices are not indicative of future value. Users should not purchase NFTs with funds they cannot afford to lose entirely.
5A.2Provenance, Authenticity, and Copyright Risk
OMNI does not verify the authenticity, originality, provenance, or intellectual property status of any NFT or digital artwork listed on the Platform. A listing may misrepresent the creator, rights holder, or uniqueness of the underlying work. Users who mint or list NFTs are solely responsible for ensuring they own or have licensed all rights in the underlying content and that listing or selling the work does not infringe third-party intellectual property rights. OMNI accepts no liability for losses arising from copyright infringement claims related to NFTs listed on the Platform.
5A.3AI-Generated Content and Copyright Uncertainty
The copyright status of AI-generated content is legally unsettled across most jurisdictions. In many countries, AI-generated works may not qualify for copyright protection because they lack a human author. The rights of persons who prompted, curated, or refined AI-generated works are not clearly established under current law. Users who list, sell, or purchase AI-generated art accept the legal uncertainty associated with ownership and copyright of such content. OMNI makes no representation regarding the copyright status of any AI-generated work listed on the Platform.
5A.4Smart Contract and Royalty Risk
NFTs are created and transferred via smart contracts that may include royalty provisions enforceable on-chain. OMNI makes no representation regarding the enforceability of any royalty structure on any supported blockchain or in any jurisdiction. Smart contract bugs or vulnerabilities in NFT contracts could result in unexpected behavior, loss of access, or loss of funds. Users interact with NFT smart contracts at their own risk.
7.Node Operator Risks
5B.1Nature of Node Operation
OmniBazaar allows users to operate listing nodes, validator nodes, and other network infrastructure on behalf of the Platform. Node Operators are independent participants and are not employees, contractors, or agents of OMNI. Node operation involves technical, financial, and regulatory risks that users should understand fully before participating. Node Operators earn rewards in accordance with the Platform's Proof of Participation (PoP) reward and reputation framework and reward distribution structure, but such rewards are not guaranteed and are subject to change.
5B.2Technical and Operational Risk
Node operation requires ongoing technical maintenance, adequate hardware and bandwidth, and uninterrupted connectivity. Node downtime, misconfiguration, hardware failure, or network disruption may result in reduced or forfeited rewards. OMNI reserves the right to modify node participation requirements, reward structures, and technical specifications at any time. Such changes may affect the economics of node operation materially. Node Operators bear sole responsibility for ensuring their infrastructure meets current requirements and for all costs associated with operating and maintaining their nodes.
5B.3Reward Risk
Node rewards are distributed in OmniCoin (XOM) and are subject to all digital asset risks described in Section 2 of this Disclosure, including price volatility, liquidity risk, and the risk of total loss. Reward rates are determined by the Platform's Proof of Participation reward and reputation framework and may fluctuate based on overall network participation, transaction volume, and protocol parameters. OMNI does not guarantee any minimum reward level. Changes to tokenomic parameters, reward schedules, or platform activity levels could materially reduce or eliminate node rewards.
5B.4Regulatory Risk
The regulatory classification of node operation activity varies by jurisdiction and is evolving. In some jurisdictions, operating network infrastructure that processes or validates transactions may be subject to financial services licensing requirements, money transmission regulations, or other regulatory obligations. Node Operators are solely responsible for determining whether their participation is lawful in their jurisdiction and for obtaining any required licenses or registrations. OMNI makes no representation that node operation is legally permissible in any particular jurisdiction. Regulatory changes could require Node Operators to cease operations, restructure their participation, or comply with new requirements, any of which could affect the viability or economics of node operation.
8.Prediction Markets
6.1Nature of the Feature
OmniBazaar's Predictions feature aggregates and displays data from third-party prediction market platforms, connects users to those platforms, and routes financial transactions in connection with prediction market activity. OmniBazaar does not create, operate, or influence prediction market contracts and is not the counterparty to any prediction market trade. OMNI does not control or affect the outcomes, terms, or resolution of any prediction market displayed on the Platform. OMNI earns revenue in connection with the Predictions feature through its role as a transaction router and connector to third-party platforms. This revenue relationship does not make OMNI an operator of those markets, a guarantor of their outcomes, or a regulated financial intermediary with respect to the underlying prediction contracts.
6.2Risk of Total Loss
Prediction market contracts are binary or categorical instruments. The full amount staked on an incorrect outcome may be lost. There is no partial recovery -- users who take a position on an outcome that does not occur lose their entire stake in that contract. Prediction markets are speculative instruments and should be engaged with only using funds the user can afford to lose entirely.
6.3Outcome and Resolution Risk
Prediction market outcomes are determined by the resolution of real-world events, which may be subject to dispute, ambiguity, delay, or unexpected results. Resolution decisions are made by the third-party platform hosting the relevant market and are outside OMNI's control. OMNI does not create, verify, or guarantee the accuracy of prediction market questions, terms, or resolutions. Disputes regarding market resolution must be addressed directly with the relevant third-party platform.
6.4Regulatory and Legal Risk
Participation in prediction markets is among the most legally variable activities in the digital asset and online commerce space. Regulatory treatment varies widely by jurisdiction and by the subject matter of the market:
- In the United States, event contracts may be subject to regulation by the Commodity Futures Trading Commission (CFTC) under the Commodity Exchange Act (CEA). Certain prediction market activity may also implicate state gambling laws, securities laws, or other regulatory frameworks. Users in the United States should be aware that the legal status of prediction market participation is actively litigated and subject to rapid change at both the federal and state level.
- Outside the United States, prediction market participation may be classified as gambling, financial trading, or an unregulated activity depending on the jurisdiction. Some jurisdictions may prohibit or significantly restrict participation in prediction markets.
- No jurisdiction has yet implemented a comprehensive, bespoke regulatory framework for prediction markets. The regulatory environment is evolving, and activities that are permissible today in a given jurisdiction may be restricted or prohibited in the future.
- Users who participate in prediction markets involving political events, sporting outcomes, or financial instruments may be subject to additional legal considerations specific to those subject matters in their jurisdiction.
6.5Jurisdictional Self-Responsibility
Users are solely responsible for determining whether accessing, interacting with, or staking assets in prediction markets through the Platform is lawful in their jurisdiction. Users located in jurisdictions where prediction market participation is prohibited or restricted must not use the Predictions feature. By using the Predictions feature, you represent and warrant that doing so is fully lawful in your jurisdiction.
6.6No OMNI Liability
OMNI bears no responsibility whatsoever for the outcome of any prediction market position, the resolution of any event contract, the accuracy of any market data displayed, the solvency or regulatory compliance of any third-party prediction market platform, or any loss suffered by a user in connection with prediction market activity. OMNI's involvement in the Predictions feature does not make it a party to any trade, a guarantor of any outcome, or a regulated financial intermediary with respect to prediction market activity.
9.Marketplace and Commerce Risks
7.1Counterparty Risk
OmniBazaar is a peer-to-peer marketplace. OMNI does not verify the identity, credentials, reliability, or financial standing of buyers or sellers. Users transact directly with counterparties who are unknown to OMNI. There is an inherent risk that a counterparty may fail to deliver goods, provide substandard or misrepresented products or services, or engage in fraudulent conduct. OMNI has no ability to compel performance by any user and is not responsible for the conduct of marketplace participants.
7.2Product and Service Risk
OMNI does not inspect, verify, test, or certify any product or service listed on the Platform. Users should conduct their own due diligence before completing any transaction. OMNI makes no warranty, express or implied, regarding the quality, safety, legality, fitness for purpose, or authenticity of any listed item. The presence of a listing on the Platform does not constitute any endorsement or verification by OMNI.
7.3No Recourse Through OMNI
In the event of a dispute between a buyer and seller, OMNI has no obligation to intervene and limited practical ability to do so. OMNI is not a mediator, arbitrator, or escrow provider. Users who wish to have dispute protection are encouraged to use a mutually agreed escrow arrangement through the Platform's community escrow service. OMNI is not responsible for failed, disputed, or fraudulent transactions and will not compensate users for losses arising therefrom.
7.4Shipping, Delivery, and Import Risk
Physical goods transactions involve logistics risks including non-delivery, damage in transit, customs seizure, import prohibition, and carrier failure. Cross-border shipments may be subject to import duties, tariffs, licensing requirements, and regulatory restrictions that vary by jurisdiction. OMNI is not responsible for any aspect of the physical delivery of goods and makes no representation regarding the customs or import status of any listed item in any jurisdiction. Users bear sole responsibility for compliance with all applicable import, export, and customs requirements.
7.5Import Listing Risk
OmniBazaar allows users to import listings from third-party platforms. Imported listings are not reviewed, verified, or updated by OMNI. Users should not assume that the accuracy, availability, pricing, or legality of imported listings has been confirmed. Sellers are responsible for ensuring that imported listings comply with OmniBazaar's Terms of Service and all applicable laws.
7.6Cash and Non-Cryptocurrency Payment Risk
Where and when such functionality is made available, the Platform may support cash, credit card, and other non-cryptocurrency payment methods. Users who transact using non-cryptocurrency payments should be aware that: (a) traditional payment methods such as credit cards are subject to chargeback and reversal by the payment processor or card network, which may occur after a transaction has been confirmed on the platform; sellers who have already shipped goods or rendered services in reliance on a payment that is subsequently reversed bear the loss; (b) payment processor holds, account freezes, or network outages may delay or prevent the settlement of non-cryptocurrency payments; (c) the escrow system applied by default on the Platform interacts differently with non-cryptocurrency payments than with on-chain transactions -- on-chain transactions are irreversible once confirmed, while traditional payments may be reversed through external channels regardless of platform escrow status; (d) OMNI is not responsible for the conduct of any third-party payment processor, card network, or financial institution involved in processing non-cryptocurrency payments.
7.7Off-Platform Transaction Risk
Any transaction arranged through the Platform but conducted outside of it -- including payment, communication, or delivery arranged via external channels -- is undertaken entirely at the user's own risk. OMNI has no visibility into, and accepts no responsibility for, off-platform transactions. Users are strongly advised to conduct all aspects of transactions through the Platform's built-in infrastructure.
10.Cybersecurity and Fraud Risks
8.1Phishing and Social Engineering
Users of digital asset platforms are frequently targeted by phishing attacks, social engineering schemes, and impersonation fraud. Bad actors may create websites, social media accounts, or communications that impersonate OmniBazaar or OMNI in order to steal credentials or funds. OMNI will never ask for your private key, seed phrase, or password through any communication channel. Users should verify that they are accessing the Platform through the official URL (app.omnibazaar.com) and should treat unsolicited communications claiming to be from OMNI with caution.
8.2Wallet and Credential Security
The security of your funds on a noncustodial platform depends entirely on the security of your private key, seed phrase, and wallet access. Users are responsible for using secure, reputable wallet software; storing seed phrases securely and offline; enabling all available security features on their devices and accounts; and never sharing wallet credentials with any third party under any circumstances.
8.3Third-Party Exploit Risk
The broader digital asset ecosystem -- including bridges, DEX protocols, yield platforms, and prediction market operators whose services are accessible through the Platform -- has been subject to significant security exploits and losses. Interaction with any third-party protocol, even through the OmniBazaar interface, carries the security risk profile of that third-party protocol. OMNI is not responsible for losses arising from exploits of third-party platforms or protocols.
8.4Market Manipulation Risk
Digital asset markets, particularly for assets with lower trading volume or market capitalization, may be susceptible to market manipulation, including wash trading, pump-and-dump schemes, and coordinated price manipulation. OMNI does not guarantee the integrity of prices displayed on the Platform and is not responsible for losses arising from market manipulation by third parties.
8.5Community Forum and Public Content Risk
The Platform includes community forums and public discussion spaces where users may post content visible to all Platform participants. Users who post in community spaces should be aware that: (a) content posted in public community spaces is visible to all users and may be indexed or cached by third parties; once posted, public content may be difficult or impossible to fully remove from the internet; (b) community content is not verified or endorsed by OMNI; users should exercise independent judgment before relying on any information, advice, or representation made by other users in community forums; (c) community forums may expose users to unsolicited contact, scam attempts, or social engineering from malicious actors; users should never share private keys, seed phrases, or sensitive personal information in community spaces; (d) automated moderation systems may remove content based on community reporting thresholds; users who believe their content was incorrectly removed may request review through support channels.
11.Tax and Reporting Risks
Digital asset transactions -- including trading, staking, yield receipt, NFT sales, and prediction market activity -- may have tax consequences in your jurisdiction. The tax treatment of digital asset activity varies significantly by country and is evolving rapidly. In many jurisdictions, each on-chain transaction may be a taxable event, including swaps between digital assets. Failure to properly report digital asset activity to relevant tax authorities may result in penalties, interest, or legal liability.
OMNI does not provide tax advice and makes no representation regarding the tax treatment of any activity conducted through the Platform. Users are solely responsible for determining their tax obligations arising from Platform activity and for complying with all applicable reporting and payment requirements. Users are strongly encouraged to consult a qualified tax professional with experience in digital asset taxation in their jurisdiction. OMNI reserves the right to comply with any applicable tax reporting or information sharing obligations imposed by law.
12.No Investment, Financial, or Legal Advice
Nothing on the OmniBazaar Platform, in this Disclosure, in the Terms of Service, or in any communication from OMNI constitutes investment advice, financial advice, trading advice, legal advice, or tax advice. OMNI is a software development entity, not a registered investment advisor, broker-dealer, financial institution, licensed exchange, or legal or tax services provider.
Before using any financial feature of the Platform, you should independently assess your financial situation, investment objectives, risk tolerance, and applicable legal obligations. You should strongly consider consulting a qualified financial advisor, legal counsel, and tax professional before engaging with digital asset trading, yield products, tokenized assets, or prediction markets.
13.User Acknowledgment
By creating an account on the OmniBazaar Platform or by checking the agreement box presented at registration or login, you expressly acknowledge and agree that you have read this Risk Disclosure Statement in full and that:
- You have read and understood this Risk Disclosure Statement in its entirety
- You understand that the activities described herein carry substantial financial risk, up to and including the total and permanent loss of all funds committed
- You are participating voluntarily and solely at your own risk
- You have independently assessed your own financial situation, investment objectives, and risk tolerance and have determined that participation is appropriate for you given those factors
- You understand that OMNI does not provide investment, financial, legal, or tax advice, and that nothing on the Platform constitutes such advice
- You will not hold OMNI, Omni Administration Ltd., Omni Development DAO, or their respective principals, employees, contractors, or affiliates liable for any losses arising from your use of financial or marketplace features of the Platform
- You are solely responsible for compliance with all laws and regulations applicable to your use of the Platform in your jurisdiction, including but not limited to securities law, commodities law, gambling law, AML/KYC obligations, and tax reporting requirements
- You understand that regulatory frameworks applicable to the Platform's features are evolving and that the legal status of certain activities may change, and you accept the risk arising from that uncertainty
This document is published in multiple languages for your convenience. The English-language version is the sole official and legally binding version. In the event of any conflict, ambiguity, or inconsistency between a translated version and the English version, the English version shall prevail and govern.