Back
0
0

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:

  • AI-Powered Investment Platform (A2A Architecture): At the heart of BUILDon is an intelligent investment platform built on an Agent-to-Agent (A2A) architecture. This AI-driven system automates the entire research and investment cycle by analyzing on-chain data, evaluating assets, and generating personalized strategies for users.
  • USD1 Stablecoin Integration: BUILDon is heavily focused on USD1, a BNB Chain native stablecoin. The project creates and operates USD1 trading pairs (notably B/USD1) to boost liquidity and utility for the stablecoin.
  • AI and Community Ecosystem: Staying true to its identity as an “AI mascot”, BUILDon offers various AI-powered tools and community services. These include an AI Chatbot for engaging, human-like conversations and support (leveraging NLP/ML for dynamic responses), AI-driven analytics for user insights, and plans for AI-generated content in gaming and creative prompts.
  • Token Utility 

    B is the project’s utility token and provides the following features to token holders:

  • Platform Access & Services: Holding $B unlocks access to various platform features and upcoming services. For example, $B is required for participating in trading competitions, accessing the AI investment platform’s premium features, and getting allocation or priority in the upcoming launchpad offerings.
  • Rewards and Incentives: The token is used as a reward and incentive medium for the community. Active participants in USD1 ecosystem events, liquidity provision, or referral programs can earn $B as rewards.
  • 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:

  • B operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent 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: 

  • The creation, governance, usage, and design of B, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of B.
  • Any marketing materials put forward by the B social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with B, including any code defects, security breaches and other threats concerning B and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with B, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of B.
  • Similar Assets

    Trust in transparency

    The transparency you need - gain insights into fees, have your questions answered and feel secure with our lawful dedication. 

    Insightful FAQ section

    Navigate seamlessly with our detailed answers to frequently asked questions.

    Your money is 100% reserved

    With reserves exceeding 100%, your funds are ready for withdrawal anytime.

    No surprises, no hidden costs

    Transparent service fees.

    Compliance and security

    We are seriously dedicated to compliance and transparency.

    We are here to help

    Instant support, assistance and answers to your questions.

    Join Uphold today