©2024 Degen Fund Token • Disclosure Statement
This document provides disclosure pertaining to the investment strategy, mechanisms of operation, and inherent risks associated with the Degen Fund (hereafter "the Fund"). The Fund employs a tokenized framework, issuing a total of 100 tokens, each available for an initial purchase price of $1,000.
The core investment strategy of the Fund involves the diversified allocation of capital across a portfolio of ten (10) distinct cryptographic assets. These assets are selected due to their long-term growth potential and substantial influence within the blockchain ecosystem. Each purchased token corresponds to a 1% ownership stake in the total portfolio.
When the Fund closes, all invested assets will be sold, and the resulting profits will be distributed among the token holders in accordance with their respective stakes. Please note, however, that returns on investments are not guaranteed, as the value of cryptographic assets is subject to market volatility.
If the portfolio ends in profit, a 4% management fee will be applied at the time of fund closure. In addition to this, any transaction fees incurred throughout the lifecycle of the Fund will be deducted from the final distribution.
Investing in cryptographic assets and tokens is associated with a high level of risk, and the possibility of losing the entire principal exists. Prices and values of cryptographic assets can rapidly fluctuate, potentially dropping to zero. Market prices can be extremely volatile, influenced by factors such as regulatory news, technological advancements, market sentiment, and macroeconomic conditions.
The Fund's operations are decentralized, providing benefits such as enhanced transparency, but also posing additional risks including, but not limited to, vulnerabilities in smart contracts and possible network instability.
Before purchasing tokens, potential investors should fully understand and accept the associated risks. The Fund may not be a suitable investment for those who cannot afford a total loss of investment. Consultation with a financial advisor, tax consultant, or legal counsel prior to making an investment is highly recommended.
By purchasing tokens, you acknowledge that you understand and accept these risks. This document does not provide investment advice. Prospective investors should seek independent advice prior to making any investment decisions.
This disclosure statement does not cover all potential risks associated with an investment in the Fund. Investors should conduct independent research and comprehend all aspects of the Fund and its associated risks before investing.