BeWhale Risk Disclaimer
Last updated: 9 August 2026
This notice is issued by BeWhale and forms part of the Terms of Use.
1. BeWhale is not an adviser
BeWhale is a gamified information and entertainment platform. Nothing on BeWhale is investment advice, financial advice, trading advice, or a recommendation of any kind. We are not a broker, dealer, exchange, custodian, portfolio manager, or investment adviser. We are not authorised or regulated as a financial services firm in any jurisdiction. No content on BeWhale should be understood as a personal recommendation, or as an invitation or inducement to buy, sell, or hold any cryptoasset, security, or other instrument.
2. AI-generated content can be wrong
Content produced by Wavy and by AI personas is generated by artificial-intelligence systems. It can be incomplete, outdated, or simply incorrect, may mis-state prices, facts, or events, and does not account for your personal circumstances — even when it references your connected portfolio. AI personas are fictional characters; their views are generated output, not the views of any real person, and imply no endorsement by any real person. Never make a financial decision on the basis of AI output alone.
3. Market and data risks
- Volatility. Cryptoasset prices are extremely volatile. You can lose the entire value of any cryptoasset you hold. Cryptoassets are largely unprotected by compensation or deposit-guarantee schemes.
- Past performance is not a reliable indicator of future results. Historical portfolio performance, whale-portfolio data, backtests, and leaderboard results do not predict anything.
- Data accuracy. Market data, prices, valuations, and analytics shown on BeWhale come from third-party sources and public blockchains and may be delayed, estimated, incomplete, or wrong. Portfolio valuations are indicative only.
- Third-party portfolios. “Whale” and institutional (13F) holdings data reflects historical regulatory filings and public on-chain activity. It is inherently backward-looking, may be materially out of date, and copying it carries its own risks.
4. Blockchain risks
On-chain transactions are irreversible. You are solely responsible for your wallet, private keys, and seed phrase — we will never ask for them. Payments you make in cryptoassets are sent from your own wallet on the network you choose; a transfer to a wrong address or on the wrong network cannot be recovered by us. NFTs and other digital collectibles may lose some or all of their value and may be illiquid. Third-party marketplaces operate under their own terms and risks.
5. Games and virtual items are entertainment
Cards, packs, boosters, coins, and O2 are entertainment features, not investments. Virtual items have no monetary value outside BeWhale and cannot be cashed out. Where an item can be minted as an NFT and traded on a third-party marketplace, any resale value is set by that market, not by us, and may be zero. Spend only what you are comfortable spending on entertainment.
6. Do your own research
Before making any investment decision, do your own research and consider taking advice from a licensed financial adviser in your jurisdiction. You are solely responsible for your investment decisions and their outcomes.
Issued by BeWhale.