Meme Bomber Responsible Risk Disclosure Policy

This document provides you with information about the risks associated with the assets in which you may invest through the services provided to you by Meme Bomber.

Meme Bomber is providing access to an out-of-the-box meme-related gaming concept, where chaos meets strategy, and every explosion creates value. It is a single player/multiplayer play-to-earn/play-to-burn game, where gamers play either against bots or battle up to three other gamers in action-packed arenas, strategically placing bombs to "detonate" the adversary. The player with the best score will emerge victorious.

As the last bomber standing, a player will gain a certain level of the power to influence which meme tokens get "bombed" (burned) in the real world, at the end of each week. Through our proprietary algorithmic burn mechanism, based on the results from the game, the most bombed meme token is purchased by the project on a weekly basis, and permanently removed from circulation, hence helping increase the scarcity and value of the said tokens.

Your use of the Meme Bomber platform involves various risks, including, but not limited to, losses while digital assets are being supplied to the platform and losses due to the fluctuation of prices of tokens whenever used in a trading pair. Before using the Meme Bomber, you should review the relevant documentation to make sure you understand how the Meme Bomber works. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but it does not have legal tender status. Cryptocurrencies are sometimes exchanged for FIAT currencies around the world, but they are not generally backed or supported by any government or central bank. Their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. The value of cryptocurrency may be derived from the continued willingness of market participants to exchange fiat currency for cryptocurrency, which may result in the potential for permanent and total loss of value of a particular cryptocurrency should the market for that cryptocurrency disappear.

Cryptocurrencies currently still face uncertain regulatory landscapes in many jurisdictions, even though The European Union has just passed the MiCA – Markets in Crypto-Assets regulation. In addition, many cryptocurrency derivatives are regulated by the provisions of national securities legislation; moreover, some state securities regulators have cautioned that many initial coin offerings are likely to fall within the definition of a security and subject to their respective securities laws. More and more jurisdictions will, in the future, adopt laws, regulations or directives that affect cryptocurrency networks and their users. Such laws, regulations or directives may impact the price of cryptocurrencies and their acceptance by users, merchants and service providers.

In the United States, cryptocurrency regulation has continued to evolve at both the federal and state levels since 2023. At the federal level:

• The Securities and Exchange Commission (SEC) has ramped up enforcement actions against cryptocurrency firms and projects that it deems to be unregistered securities offerings. However, there is still no overarching federal cryptocurrency regulation in place.
• In 2023, the SEC cracked down heavily on stablecoins and required major stablecoin issuers like Tether and USD Coin to register and comply with existing securities laws.
• Congress continues to debate potential cryptocurrency legislation, with competing bills proposed to either provide a comprehensive regulatory framework or take a more limited approach focused on areas like stablecoin regulation.
• The Commodity Futures Trading Commission (CFTC) has maintained its role in overseeing cryptocurrency derivatives markets.

At the state level:

• A growing number of states have implemented licensing requirements for cryptocurrency businesses operating within their jurisdictions. This includes money services business (MSB) and money transmitter licenses.
• Some states like New York have tough approval processes under regulations like the BitLicense, while others have aimed for lighter regulatory touches.
• State securities regulators coordinate through the North American Securities Administrators Association (NASAA) on policies related to cryptocurrencies deemed securities.

Overall, the U.S. still lacks a cohesive federal regulatory regime tailored for cryptocurrencies as of 2024. This regulatory uncertainty has challenged cryptocurrency firms and inhibited mainstream adoption to some degree. But policymakers are actively grappling with how to strike the right balance between consumer protection and supporting innovation.

Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency.

Purchasing cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. In addition, cryptocurrency markets and exchanges are not regulated with the same controls or customer protections available in equity, option, futures, or foreign exchange investing. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future.

Investors should conduct extensive research into the legitimacy of each individual cryptocurrency, including its platform, before investing. The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrency`'s blockchain or other underlying technology.

Cryptocurrency trading requires knowledge of cryptocurrency markets. In attempting to profit through cryptocurrency trading you must compete with traders worldwide. You should have appropriate knowledge and experience before engaging in substantial cryptocurrency trading.

Any individual cryptocurrency may change or otherwise cease to operate as expected due to changes made to its underlying technology, changes made using its underlying technology, or changes resulting from an attack. These changes may include, without limitation, a "fork," a "rollback," an "airdrop," or a "bootstrap." Such changes may dilute the value of an existing cryptocurrency position and/or distribute the value of an existing cryptocurrency position to another cryptocurrency.

Since blockchain is an independent public peer-to peer network and is not controlled in any way or manner by Meme Bomber, and we shall not be responsible for any failure and/or mistake and/or error and/or breach which shall occur in the blockchain Ecosystem or in any other networks in which the Meme Bomber Token may be used and/or traded. You will be bound and subject to any change and/or amendments in the blockchain system and subject to any applicable law which may apply to the blockchain. We make no representation or warranty of any kind, express or implied, statutory or otherwise, regarding the blockchain functionality nor for any breach of security in the blockchain.

The relatively new and rapidly evolving technology underlying cryptocurrencies introduces unique risks. For example, a unique private key is required to access, use or transfer a cryptocurrency on a blockchain or distributed ledger. The loss, theft or destruction of a private key may result in an irreversible loss of cryptocurrency associated with this private key. The ability to participate in forks could also have implications for investors. For example, a market participant holding a cryptocurrency position through a cryptocurrency exchange may be adversely impacted if the exchange does not allow its customers to participate in a fork that creates a new product.

The security of the Meme Bomber Ecosystem, and associated core components, is a top priority for Meme Bomber. Our Ecosystem is secured by the blockchain technology and provides valuable services for business or private use. Our mission is to become a layer of trust for store of value and transactions at internet scale, and the highest level of security is a mandatory prerequisite.

The security researcher community regularly makes valuable contributions to the security of organizations and the broader Internet, and Meme Bomber recognizes that fostering a close relationship with the community will help improve the security of the Meme Bomber Ecosystem. So, if you have information about a vulnerability in the Meme Bomber Ecosystem and associated components, we want to hear from you.

The cybersecurity risks of cryptocurrencies and related "wallets" or spot exchanges include hacking vulnerabilities and a risk that publicly distributed ledgers may not be immutable. A cybersecurity event could result in a substantial, immediate and irreversible loss for market participants that trade cryptocurrencies. Even a minor cybersecurity event in a cryptocurrency is likely to result in downward price pressure on that product and potentially other cryptocurrencies.

There are a series of inherent risks with the use of the mobile and/or web-based trading technology such as latency in the prices provided, and other issues that are a result of connectivity (including, without limitation, the use of mobile networks). Prices displayed on the Trading Platform are solely an indication of the executable rates and may not reflect the actual executed or executable price of an order.

The Platform may utilize public communication network circuits for the transmission of messages. Meme Bomber shall not be liable for any and all circumstances in which you experience a delay in price quotation or an inability to trade caused by network transmission problems or restrictions or any other problems outside our direct control, which include but are not limited to the strength of the mobile signal, network latency, or any other issues that may arise between you and any internet service provider, phone service provider or any other service provider. Please note further that some of the features available on the Trading Platform may not be available on any mobile application.

Future Meme Bomber applications may require Users to download and install updates to the application or to their device's operating system as such updates are made available. Failure to do so might lead to certain parts of the Services (including trading functions) becoming inaccessible to Members until such update has been successfully downloaded and installed. Performance issues and security risks may arise if Meme Bomber mobile applications are used on devices with customized or otherwise non-standard operating software or as a result of other software installed on such devices.

AS DESCRIBED IN THE MEME BOMBER DOCUMENTATION, THE MEME BOMBER PLATFORM AND SERVICES ARE PROVIDED "AS IS", AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND. Although the founding members have developed much of the initial code for the Meme Bomber, they ds not provide, own, or control the Meme Bomber Ecosystem, which is run by smart contracts deployed on the Blockchain. Upgrades and modifications to the protocol are managed in a community-driven way by holders of the native token. No developer or entity involved in creating the Meme Bomber will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Meme Bomber, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.

Loss of Private Key(s), Custodial Error or Personal Error: A private key, or a combination of private keys, is necessary to control and dispose of Meme Bomber stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing Meme Bomber will result in loss of such Meme Bomber. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet service you use, may be able to misappropriate your Meme Bomber. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store Meme Bomber, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your Meme Bomber. Additionally, your failure to precisely follow the procedures set forth for buying and receiving Meme Bomber, including, for instance, if you provide an incorrect Meme Bomber Receipt Address, or provide an address that is not Bep-20 compatible, may result in the loss of your Meme Bomber.

As with other decentralized cryptographic tokens, $MEMBO tokens are susceptible to attacks in the course of validating Token transactions on the network, including, but not limited to, double-spend attacks, majority power attacks, and selfish attacks. Any successful attacks present a risk to the Ecosystem and the Tokens, including, but not limited to, accurate execution and recording of transactions involving Tokens.

Hackers or other malicious groups or organizations may attempt to interfere with the Ecosystem or the Tokens in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, smurfing and spoofing. Furthermore, because the Ecosystem is based on open-source software, there is a risk that a third party or a member of the Meme Bomber team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the Ecosystem, which could negatively affect the Ecosystem and the Tokens, including the utility of the Tokens for obtaining Services.

Meme Bomber will make every effort to ensure that the cryptocurrency funds receive d from the Token Launch will be securely held in the Escrow Wallet. Notwithstanding such security measures, there is no assurance that there will be no theft of the cryptocurrencies as a result of hacks, sophisticated cyber-attacks, distributed denials of service or errors, vulnerabilities or defects on the Website, in the smart contracts on which the Escrow Wallet and the Token Launch rely, on the native network or any other blockchain, or otherwise. Such events may include, for example, flaws in programming or source code leading to exploitation or abuse thereof. In such event, even if the Token Launch is completed, Meme Bomber may not be able to receive the cryptocurrencies raised and may not be able to utilize such funds for the development of the Ecosystem. As such, distributed Meme Bomber may hold little worth or value, and this would impact its trading price.

The Tokens are intended to be used solely within the Ecosystem and Meme Bomber will not support or otherwise facilitate any secondary trading or external valuation of Tokens. This restricts the contemplated avenues for using Tokens to the provision or receipt of Services, and could therefore create illiquidity risk with respect to any Tokens you own. Even if secondary trading of Tokens is facilitated by third-party exchanges, such exchanges may be relatively new and subject to little or no regulatory oversight, making them more susceptible to fraud or manipulation. Furthermore, to the extent that third parties do ascribe an external exchange value to Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely volatile and diminish to zero.

Future sales or issuance of $MEMBO could materially and adversely affect the market price of the token. Any future sale or issuance of $MEMBO would increase the supply of the token in the market and this may result in a downward price pressure on the Ecosystem. The sale or distribution of a significant number of $MEMBO tokens outside of the Token Launch (including but not limited to the sales of $MEMBO undertaken after the Token Launch, issuance of $MEMBO to persons other than participants for purposes of community initiatives, project development, education and market expansion and issuance of $MEMBO as a reward to users of the Ecosystem), or the perception that such further sales or issuance may occur, could adversely affect the trading price of the Tokens.

Unlike bank accounts or accounts at some other financial institutions, Tokens are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer, or any private insurance arranged by Meme Bomber, to offer recourse to you.

The tax characterization of Tokens is uncertain. You must seek your own tax advice in connection with purchasing Tokens, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.

It is possible that alternative Ecosystems could be established that utilize similar protocols underlying the Ecosystem and attempt to facilitate services that are materially similar to the Services. The Ecosystem may compete with these alternatives, which could negatively impact the Ecosystem and Tokens, including the utility of the Tokens for obtaining Services.

It is possible that the Ecosystem will not be used by a large number of individuals, companies and other entities or that there will be limited public interest in the creation and development of distributed Ecosystems (such as the Ecosystem) more generally. Such a lack of use or interest could negatively impact the development of the Ecosystem and therefore the potential utility of the Tokens, including the utility of the Tokens for obtaining Services.

The Ecosystem is still under development and may undergo significant changes over time. Although we intend for the Tokens and Ecosystem to function as described in the Whitepaper and intend to take commercially reasonable steps toward those ends, we may have to make changes to any timelines announced in the Whitepaper, on the Website or any other official channel of Meme Bomber, or the specifications of the Tokens or Ecosystem for any number of legitimate reasons. This could create the risk that the Tokens or Ecosystem, as further developed and maintained, may not meet your expectations at the time of purchase.

It is possible that, due to any number of reasons, including, but not limited to, an unfavorable fluctuation in the value of BTC, ETH (or other cryptographic and fiat currencies), decrease in the Tokens utility (including their utility for obtaining Services), the failure of commercial relationships, intellectual property ownership challenges, insolvency, or the liquidation of Meme Bomber, the Ecosystem may no longer be viable to operate. The Participants may lose parts or all of their $MEMBO purchasing price.

Because Tokens confer governance rights with respect to the Ecosystem or Meme Bomber, all decisions involving Meme Bomber products or services within the Ecosystem or Meme Bomber itself will be made by the voting community, including, but not limited to, decisions to discontinue its products or services, to create and sell more Tokens for use on the Ecosystem, or to sell or liquidate Meme Bomber. These decisions could adversely affect the Ecosystem and the utility of the Tokens you own, including their utility for obtaining Services.

Especially at the start, Meme Bomber relies on business partners to provide certain Services, especially for Services that require licenses as financial service institutions. While we have legally-binding agreements with business partners and are already in talks with further potential partners, we cannot guarantee that business partners won't terminate their cooperation for whatever reason or that we can close new agreements with potential partners. The provision of certain Services might therefore be interrupted, delayed or cannot be offered at all.

Meme Bomber's infrastructure is established through servers that it rents at data center facilities of third parties. If Meme Bomber is unable to renew its data facility lease under commercially reasonable terms or at all, Meme Bomber may be required to transfer its servers to a new data center facility, and may incur significant costs and possible service interruption in connection with the relocation. These facilities are also vulnerable to damage or interruption from, among others, natural disasters, arson, terrorist attacks, power losses, and telecommunication failures. Additionally, the third-party providers of such facilities may suffer a breach of security as a result of third-party action, employee error, malfeasance or otherwise, and a third party may obtain unauthorized access to the data in such servers. As techniques used to obtain unauthorized access to, or to sabotage systems change frequently and generally are not recognized until launched against a target, Meme Bomber and the providers of such facilities may be unable to anticipate these techniques or to implement adequate preventive measures. Any such security breaches or damages which occur which impact upon Meme Bomber's infrastructure network and/or the Ecosystem may adversely impact the price of Meme Bomber.

Meme Bomber has been and could continue to be affected by general global economic and market conditions. Challenging economic conditions worldwide have from time to time, contributed, and may continue to contribute, to slowdowns in the information technology industry at large. Weakness in the economy could have a negative effect on Meme Bomber's business, operations and financial condition, including decreases in revenue and operating cash flows. Additionally, in a down-cycle economic environment, Meme Bomber may experience the negative effects of increased competitive pricing pressure and a slowdown in commerce and usage of the Ecosystem. Suppliers on which Meme Bomber relies for servers, bandwidth, location and other services could also be negatively impacted by economic conditions that, in turn, could have a negative impact on Meme Bomber operations or expenses. There can be no assurance, therefore, that current economic conditions or worsening economic conditions or a prolonged or recurring recession will not have a significant adverse impact on Meme Bomber' business, financial condition and results of operations and hence the Ecosystem, which would correspondingly impact the trading price of Meme Bomber.

Cryptographic tokens such as Meme Bomber are a new and untested technology. In addition to the risks included here there are other risks associated with your purchase, possession, and use of the Tokens, including unanticipated risks. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this document.

In case of any security issue is identified, you are required to send us an email to: office@memebomber.com

What to include:

• Well-written reports in English will have a higher chance of being accepted
• Reports that include proof of concept code will be more likely to be accepted
• Reports that include only crash dumps or another automated tool output will most likely not be accepted
• Reports that include products & services that are out of scope (see the Scope section below) will not be considered
• Include how you found the bug, the impact, and any potential remediation
• Any plans for public disclosure

What you can expect from us:

• A timely response to your email (within 2 business days).
• An open dialog to discuss issues.
• Credit after the vulnerability has been validated and fixed.

We ask security researchers to keep vulnerabilities and communications around vulnerability submissions private and confidential until a patch is developed to protect the Meme Bomber Token and its users.

Please do:

• Allow the Meme Bomber team a reasonable amount of time address security vulnerabilities
• Avoid exploiting any vulnerabilities that you discover
• Demonstrate good faith by not disrupting or degrading Meme Bomber services, products & data

Meme Bomber pledges not to initiate legal action against researchers as long as they adhere to this policy.

1. Once a security report is received, the Meme Bomber team verifies the issue and establishes the potential threat
2. Patches to address the issues will be prepared and tested
3. We update the token technology right away

• Scam & phishing attempts involving Meme Bomber services
• Lost or compromised secret phrases, keystore files or private keys
• Physical vulnerabilities
• Social Engineering attacks
• Functional, UI, and UX bugs such as spelling mistakes
• Descriptive error messages
• HTTP error codes/pages

Get in touch with us, whether you want to submit an issue, a recommendation or have security related topics to bring up, we're happy to hear from you.

In order to protect the Meme Bomber Ecosystem, we request that you not post or share any information about a potential vulnerability in any public setting until we have researched, responded to, and addressed the reported vulnerability and informed partners if needed.