Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 44

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 44
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 transaction volumes, spam attacks, and validator coordination     
 failures. For example, the network experienced significant liveness disruptions in 2021 and    
 2022. Although upgrades have been implemented to address congestion, there can be no assurance 
 that future issues will not occur. Any disruption, outage, or period of significant congestion 
 could prevent us from staking, unstaking, or transacting our SOL, directly impairing our       
 ability to execute our strategy and potentially eroding the value of our holdings.             |

| ● | Concentration                                                                               
 and Reliance on Third-Party Software: The Solana validator set is relatively concentrated   
 compared to other networks. Furthermore, a high percentage of validators rely on software   
 provided by Jito Labs, a third party unaffiliated with Solana Labs. If Jito Labs were to    
 discontinue support or if its software contained critical bugs, it could compromise network 
 security and stability, increase the impact of spam transactions, and adversely affect the  
 value of SOL.                                                                               |

| ● | Technological                                                                                   
 Obsolescence and Competition: The digital asset ecosystem is characterized by rapid             
 innovation and intense competition. New protocols (e.g., Aptos, Sui, Ethereum Layer 2s like     
 Base) or advancements, including the integration of artificial intelligence, may offer superior 
 technology or attract developer activity away from Solana. If the Solana ecosystem fails        
 to evolve, compete, or maintain its relevance, the utility and value of SOL could decline       
 materially.                                                                                     |

| ● | Lifecycle                                                                                 
 and Economic Mechanics of SOL: The value of SOL is influenced by its specific tokenomics: |

| o | Inflationary and Deflationary                                                                
 Pressures: New SOL is created through an inflationary protocol issuance, which began         
 at 8% annually and decreases by 15% year-over-year to a terminal rate of 1.5%. Counteracting 
 this is a deflationary mechanism where a portion of transaction fees is burned (permanently  
 removed from circulation). The net effect on the SOL supply (inflationary or deflationary)   
 depends on network usage and is uncertain.                                                   |

| o | Bonding and Unbonding Periods: Staking                                                         
 SOL involves a “warmup” period before rewards are earned and a “cooldown”                      
 or unbonding period of several days when unstaking. Typical bonding period requires one full   
 epoch, and unbonding periods requires 2 to 4 days and one full epoch