Legal

Risk Disclosure

Last updated July 2026

Draft — pending legal counsel review. This document is a structural starting point prepared for PENOLD and has not yet been reviewed or approved by qualified legal counsel. Do not rely on it as a final or binding legal agreement.

Capital is at risk

Participating in PENOLD's Pod programme involves committing capital to real estate development cycles. Returns are targets, not guarantees. It is possible to lose some or all of the capital contributed. Past performance of any project, plan, or cohort is not indicative of future results.

Your capital is locked

Pods are subject to a structured lock period (currently 36 months for both the Core and Annual plans), preceded by a 7 working-day incubation window before a position activates. Capital committed to a Pod is not available for withdrawal during this period. Only wallet balances not yet committed to a Pod may be withdrawn, subject to identity verification.

Real estate and execution risk

  • Market risk — property values and demand can decline due to macroeconomic conditions.
  • Construction and delivery risk — developments may be delayed, altered, or not completed as planned.
  • Regulatory risk — zoning, tax, and real estate regulation can change and affect project economics.
  • Liquidity risk — there is no secondary market for Pods; positions cannot be sold to another party before maturity.
  • Concentration risk — a portfolio may be concentrated in a small number of projects or geographies at any given time.

Partnership and commission programme

PENOLD operates a multi-level referral commission structure (currently 5%/3%/2% across three levels) and a tiered leadership incentive programme. Participation in this programme does not guarantee income, and commissions are paid only on qualifying Pod purchases by referred members — not for recruitment activity alone. Members should evaluate the partnership programme independently of the underlying real estate investment.

Platform and counterparty risk

PENOLD relies on third-party infrastructure (including cloud hosting, database, and payment processing providers) to operate the platform. While reasonable security practices are followed, no online platform can guarantee against all forms of service disruption, data loss, or cyber risk. Deposits made via cryptocurrency are also subject to blockchain network risk and price volatility between initiation and confirmation of payment.

No investment advice

Nothing on this platform constitutes financial, legal, or tax advice. Prospective and current members should seek independent professional advice before committing capital.