Insight Labs ("Insight Labs," "we," "us," or "our"), the operator of the Naomi Platform ("Naomi" or the "Platform"), is committed to transparency regarding the risks associated with using our non-custodial AI-powered DeFi services, including AI agent development, on-chain intelligence, trading insights, and integrations with blockchains like Solana and Hyperliquid. This Risk Disclosure Statement ("Statement") provides an overview of key risks involved in interacting with the Platform, virtual assets (VAs), AI tools, and related features. It is not exhaustive and does not constitute financial, legal, or investment advice.
By accessing or using the Platform, you acknowledge and agree that you have read, understood, and accept these risks. Participation in cryptocurrency, DeFi, AI agent activities, or blockchain interactions involves substantial risks, including the potential for complete loss of capital. You should only use the Platform if you are willing to bear these risks and have the financial means to do so without undue hardship. We strongly recommend consulting qualified professionals (e.g., financial advisors, lawyers, tax experts) familiar with your jurisdiction before engaging.
Key Risks
1. Market and Volatility Risks
• Virtual assets, including cryptocurrencies, tokens, and perpetual/spot derivatives on platforms like Hyperliquid, are highly volatile. Prices can fluctuate dramatically due to market forces, news, speculation, or manipulation, leading to significant gains or losses in short periods. • Liquidity risks may arise, where assets cannot be sold or swapped quickly without impacting price, especially during high volatility or low-volume periods. • Past performance of any AI-driven insights, trading strategies, or on-chain data analysis is not indicative of future results. Simulated or historical data does not guarantee real-world outcomes.
2. Technological and Smart Contract Risks
• Blockchain networks (e.g., Solana, Hyperliquid) and smart contracts are subject to bugs, vulnerabilities, hacks, or failures. While we strive for secure integrations, no system is immune — exploits could result in loss of funds, data corruption, or service disruptions. • As a non-custodial Platform, you retain control of your private keys and assets via tools like Privy wallets. Errors in key management (e.g., loss, theft) are your sole responsibility; we cannot recover lost assets. • AI agents and tools may produce inaccurate outputs due to model limitations, incomplete data, or adversarial inputs. Reliance on AI for decisions (e.g., trade signals) could lead to errors or losses.
3. Regulatory and Compliance Risks • Laws governing VAs, DeFi, AI, and blockchain activities vary widely and evolve rapidly. Changes in regulations (e.g., in the UAE, EU, US, or your jurisdiction) could impact Platform access, asset usability, or tax obligations.
• As licensed by RAK DAO, we comply with applicable UAE rules, but you are responsible for ensuring your use aligns with local laws (e.g., AML/KYC, sanctions). Prohibited jurisdictions (e.g., US, sanctioned countries) may face restrictions.
• Integrations with third parties (e.g., Hyperliquid for trades, TradingView for charts) expose you to their regulatory risks; we earn referral fees (10 bps on perpetuals, 100 bps on spots via Hyperliquid) but do not guarantee compliance.
4. Operational and Third-Party Risks • Service interruptions, downtime, or errors may occur due to network congestion, API failures, or maintenance. Integrations with Privy (wallets) or TradingView (charts) depend on their availability. • Cybersecurity threats, including phishing, malware, or unauthorized access, are prevalent. Protect your credentials and devices; we use industry-standard security but cannot eliminate all risks. • Counterparty risks in DeFi protocols or swaps could lead to losses if underlying mechanisms fail.
5. AI and Data-Specific Risks • AI-generated content (e.g., insights, agent behaviours) relies on public/third-party data, which may be incomplete, biased, or outdated. Outputs are probabilistic and not error-free. • On-chain intelligence analyses public blockchain data but cannot predict off-chain events or hidden manipulations.
6. Economic and Other Risks • Inflation, geopolitical events, or macroeconomic factors can adversely affect VA values. • Tax implications vary; transactions may trigger reporting obligations—we do not provide tax advice.
Mitigation and User Responsibilities To mitigate risks: • Use secure practices: Enable 2FA, store keys offline, verify sources. • Diversify: Do not invest more than you can afford to lose. • Stay informed: Monitor updates from us and regulators.
You assume all risks of loss or damage arising from Platform use. Insight Labs disclaims liability to the fullest extent permitted by law. This Statement may be updated; continued use constitutes acceptance. For questions, contact support@insightlabs.me. Governing Law: Laws of RAK DAO, UAE