Risks & Disclaimers

The SKY token is not an investment contract, financial instrument, or security. It does not represent equity, ownership, or a claim on profits of Skycastle or any related entity. Instead, SKY functions as a membership and coordination token—a way to access, participate in, and align with the Skycastle network of builders, partners, and council members.

Holding SKY should be understood as holding a seat within a network, not as an expectation of financial return. The design of SKY focuses on aligning contributors, curating deal flow, and coordinating incubation efforts. It is a token associated with a network of builders and projects.

Key Understandings

  • SKY is a utility and membership token, intended for network participation and alignment.

  • There is no expectation of profit solely from the efforts of others.

  • Contributions of ETH for Partner or Council seats are network participation commitments, not investments in a security.

  • Skycastle makes no representations or warranties about future value, liquidity, or success.

Key Risks

  • Market Volatility: The price of SKY may fluctuate significantly due to market forces outside Skycastle’s control.

  • Liquidity: SKY may be thinly traded; holders may not be able to exit their position easily.

  • Project Risk: Incubated builders may fail, deliver below expectations, or abandon projects, reducing NAV.

  • Operational Risk: Skycastle’s treasury and incubation engine may face technical failures, mismanagement, or unforeseen disruptions.

  • No Guaranteed Buybacks: While the network intends to use NAV-based buyback mechanisms, execution and outcomes are not guaranteed.

  • Forward-Looking Statements: Any roadmap or projection in this document is speculative and may not occur as described.

Participants should engage only if they understand and accept these risks, and only if they wish to actively contribute to the Skycastle ecosystem of builders.

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