What Is Apiary Fund Coin (AFC)?
Financial and operating risks confronting startups are significant and Issuer is not immune to these. Apiary Fund Coin Startups often experience unexpected problems in the areas of product development, marketing, financing, and general management, among others, which frequently cannot be solved. It is possible that, due to any number of reasons, including, but not limited to, an unfavorable fluctuation in the value of cryptographic and fiat currencies, the failure of commercial relationships, or intellectual property ownership challenges, Issuer may no longer be viable to operate and may dissolve or take actions that result in a dissolution of Issuer.
The tax characterization of the Sales and the Tokens is uncertain, and each Buyer must seek his /her/its own tax advice in connection with an investment in the Tokens. An investment pursuant to the Sales and the purchase of Tokens pursuant thereto may result in adverse tax consequences to Buyer, including withholding taxes, income taxes and tax reporting requirements. Each Buyer should consult with and must rely upon the advice of his/her/its own professional tax advisors with respect tax treatment of an investment in the Tokens pursuant to the Sales.
Apiary Fund Coin Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Apiary Fund Coin |
| Short Name | AFC |
| Circulating Supply | N/A |
| Total Supply | 200,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Market for Tokens
Prior to some of the Token Distributions, there may be no public market for the Tokens. In the event that the Tokens are traded on a cryptocurrency exchange, there is no assurance that an active or liquid trading market for the Tokens will develop or if developed, be sustained after the Tokens have been made available for trading on such cryptocurrency exchange. There is also no assurance that the market price of the Tokens will not decline below the Purchase Consideration.
The Purchase Consideration may not be indicative of the market price of the Tokens after they have been made available for trading on a cryptocurrency exchange. A Token is not a currency issued by any central bank or national, supra-national or quasi- national organization, nor is it backed by any hard assets or other credit. Issuer is not responsible for nor do it pursue the circulation and trading of Tokens on the market.
Trading of Tokens merely depends on the consensus on its value between the relevant market participants, and no one is obliged to purchase any Token from any holder of the Token, including the purchasers, nor does anyone guarantee the liquidity or market price of Tokens to any extent at any time. Apiary Fund Coin Issuer cannot ensure that there will be any demand or market for Tokens, or that the Purchase Consideration is indicative of the market price of Tokens after they have been made available for trading on a cryptocurrency exchange.
Future sales of the Tokens could materially and adversely affect the market price of Tokens
Any future sale of the Tokens (which were not available for sale in the Token Distribution) would increase the supply of Tokens in the market and this may result in a downward price pressure on the Token. Apiary Fund Coin sale or distribution of a significant number of Tokens outside of the Token Distribution, or the perception that such further sales or issuance may occur, could adversely affect the trading price of the Tokens.
There is no assurance of any success of Apiary Fund Coin Ecosystem
The value of, and demand for, the Tokens hinges heavily on the performance of Chemix Ecosystem. There is no assurance that Chemix Ecosystem will gain traction after its launch and achieve any commercial success. Apiary Fund Coin Ecosystem has not been fully developed, finalized and integrated and is subject to further changes, updates and adjustments prior to its launch. Such changes may result in unexpected and unforeseen effects on its projected appeal to users, and hence impact its success.
While the development team has made every effort to provide a realistic estimate, there is also no assurance that the cryptocurrencies raised in the Token Distribution will be sufficient for the development and integration of Chemix Ecosystem. For the foregoing or any other reason, the development and integration of Chemix Ecosystem may not be completed. As such, distributed Tokens may hold little worth or value, and this would impact its trading price.
