Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 25

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 25
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. Additionally, new
regulations are being considered in various jurisdictions to require the monitoring of user content or the verification of users’
identities and age. Such new regulations, or changes to existing regulations, could increase the cost of our operations.

We may not be successful in our metaverse
strategy and investments, which could adversely affect our business, reputation, or financial results.

We believe the metaverse, an embodied internet
where people have immersive experiences beyond two-dimensional screens, is the next evolution in social technology. In 2023, we launched
Habytat, a mobile based social metaverse. Our development of Habytat involved the development of new and emerging technologies and collaboration
with other companies, developers, partners, and other participants. However, the metaverse may not develop in accordance with our expectations,
and market acceptance of features, products, or services we built for Habytat is uncertain. In addition, we have limited experience with
virtual and augmented reality technology, which may enable other companies to compete more effectively than us. We may be unsuccessful
in our research and product development efforts, including if we are unable to develop relationships with key participants in the metaverse
or develop products that operate effectively with metaverse technologies, products, systems, networks, or standards. Our metaverse efforts
divertrf resources and management attention from other areas of our business. We ceased our development of the Habytat platform and are
evaluating ways to utilize the technology developed.

15

In addition, we may be subject to a variety of
existing or new laws and regulations in the United States and international jurisdictions, including in the areas of privacy, safety,
competition, content regulation, consumer protection, and e-commerce, which may delay or impede the development of our products and services,
increase our operating costs, require significant management time and attention, or otherwise harm our business. As a result of these
or other factors, our metaverse strategy and investments may not be successful in the foreseeable future, or at all, which could adversely
affect our business, reputation, or financial results.

Myseum is currently under development and
no assurance can be given that it will be accepted by others or generate sufficient interest.

Myseum, our new platform, is being designed to
allow for the preservation and sharing of pictures, video, and documents in a secured network utilizing our recently patented technology
that enabled us with the preservation of data, including storage, sharing, and secure control of data on social