Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 157

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 157
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 even if unrelated to our business, industry or operations,
may lead to increased scrutiny of technology companies, including us, and may cause government agencies to enact additional regulatory
requirements, or to modify their enforcement or investigation activities, which may increase our costs and risks. Any of the foregoing
could materially and adversely affect our business, financial condition and results of operations.

Online applications are subject to various
laws and regulations relating to children’s privacy and protection, which if violated, could subject us to an increased risk of
litigation and regulatory actions.

A variety of laws and regulations have been adopted
in recent years aimed at protecting children using the internet such as the COPPA and Article 8 of the GDPR. We implement certain precautions
to ensure that we do not knowingly collect personal information from children under the age of 13 through the application. Despite our
efforts, no assurances can be given that such measures will be sufficient to completely avoid allegations of COPPA violations, any of
which could expose us to significant liability, penalties, reputational harm and loss of revenue, among other things. 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