Risks
$PGM can lose some or all of its value. Do not spend more than you can afford to lose.
$PGM is an in-game utility token. Its only function is the 20% Diamond bonus in the in-game shop. It is not an investment, and nothing in this whitepaper is a promise of price, value, or returns.
Known Risks
A non-exhaustive list:
- Market risk. Tokens launched on pump.fun are highly volatile. The price of $PGM can move sharply in either direction, including to zero.
- Project risk. Game development can be delayed, changed, or fail. Dates in the Roadmap are plans, not guarantees.
- Fake tokens and scams. Copycat tokens and fake contract addresses are common. Only trust the address published on penguminer.com and @PenguMiner_com.
- Smart contract and platform risk. Smart contracts, pump.fun, DEXs and wallets may contain bugs or fail.
- Chain risk. Solana could halt, malfunction, or change. PenguMiner already had to move once when Abstract Chain shut down.
- PENGU risk. In-game rewards are paid in PENGU. The value of PENGU can change, and something could happen to the token itself.
- Regulatory risk. Legal treatment of tokens differs by jurisdiction and can change, including retroactively.
- Key risk. Loss of your own wallet keys means loss of access. Nobody can restore it for you.
PenguMiner is an independent fan project and is not affiliated with Pudgy Penguins, Igloo Inc., or the PENGU token team. This is not financial advice.