10. Risk Factors and Mitigation
Last updated
Last updated
Given that Elluminex operates within the crypto and blockchain space, it faces various risks inherent to this rapidly evolving industry.
Below are key risk factors and the strategies we plan to employ to mitigate them:
Security Risks: Security is paramount in the crypto space, as platforms can be targets for hacks and other malicious activities. Elluminex will incorporate multi-layer security measures, including smart contract audits, multi-signature wallets, and regular security reviews, to safeguard user funds and maintain the platform's integrity.
Market Risks: The cryptocurrency market is known for its high volatility, which can affect the value of assets and the overall ecosystem.