Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.
Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform. Read our risk summary for qualifying crypto assets.
B Describes Itself As
BUILDon is a cryptocurrency project on BNB Chain that began as a meme-inspired initiative but evolved into a builder-focused ecosystem with an AI-driven investment platform and stablecoin infrastructure mission. It positions itself as the “AI mascot” of BNB Chain, symbolized by a lion, representing innovation and “building” in the DeFi space. The core purpose of BUILDon is to drive adoption of the USD1 stablecoin by developing real use cases and deep on-chain liquidity for USD1 across multiple blockchains.
Project Function
Key products/services include:
Token Utility
B is the project’s utility token and provides the following features to token holders:
About The Founders
Yin Shiyuan is the founder of BUILDon and previously worked at King Tower Asset Management, identifying real estate and renewable energy investment opportunities. Yin has also head a founder role at Inspria Energy, advising solar projects in Vietnam as well as business development roles in Sungrow Power Supply, a Vietnam-based sustainable energy firm.
Risks of B
Like an investment in other crypto assets, there are some general risks to investing in B. These include: (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.
In addition to these general risks, an investment in B is subject to the following specific risks:
We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with B. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.
The B community and BUILDon founding team are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of B have no recourse to the B community, BUILDon founding team, or Uphold if B declines in value for any reason.
Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.
Uphold’s Evaluation Process
Prior to listing B on the Uphold Platform, Uphold performed due diligence on B and determined that B is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following:
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