Company: ORBS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023549
Chunk: 131

Company: Eightco Holdings Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 131
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ages or grid failures. If the Ethereum network is disrupted
or encounters any unanticipated difficulties, then the processing of transactions of Worldcoin may be disrupted, which in turn may prevent
us from depositing or withdrawing WLD from our accounts with our custodian or otherwise affecting WLD transactions. Any disruption of
the Ethereum network could materially impact the ability of the Company to transfer or sell WLD, and the price of WLD would likely decrease.

In
addition, if Worldcoin’s business objective were to be widely adopted, the reliance upon Worldcoin’s proof-of-personhood
model could create significant difficulties in many industries that rely upon the Worldcoin model if there were a power disruption. For
example, if Worldcoin’s model were to be incorporated in financial transactions, and the Ethereum network was disrupted, it is
possible that there could be difficulty for financial markets to operate generally. Users could theoretically lose access to the bank
balances or not be able to make financial transactions. Adverse developments tied to the inability to use the Worldcoin network could
result in a material reduction in the value of WLD, and could render WLD worthless, which would have a material, adverse impact on the
Company and the value of its common stock.

Risks
Related to Cryptocurrency

WLD
and other digital assets are novel assets, and are subject to significant legal, commercial, regulatory and technical uncertainty, which
could materially adversely affect the Company’s financial position, operations and prospects.

WLD
and other digital assets, as well as applications on blockchain networks such as Worldcoin, are relatively novel and are subject to significant
uncertainty, which could adversely impact their price. The application of state and federal securities laws and other laws and regulations
to digital assets and blockchain-based applications is unclear in certain respects, and it is possible that regulators in the United
States or foreign countries may interpret or apply existing laws and regulations in a manner that adversely affects the price of WLD
or other digital assets, or the ability of blockchain-based applications to operate.

The
U.S. federal government, states, regulatory agencies, and foreign countries may also enact new laws and regulations, or pursue regulatory,
legislative, enforcement or judicial actions, that could materially impact the price of WLD or the ability of individuals or institutions
such as us to own or transfer WLD and utilize blockchain-based applications on networks such as Worldcoin. For example, the U.S. executive
branch, the SEC, the European Union’s Markets