Research Disclaimer

Last updated 3 August 2026

General information

Proof of Analysis publishes independent research, market commentary and educational material concerning crypto-assets, blockchain networks, digital-asset infrastructure and related markets. The content reflects the information, analytical methods and judgment available at the stated publication date.

No personalised investment advice

Proof of Analysis does not provide personalised investment advice, portfolio management, brokerage services, legal advice, tax advice or accounting advice. No publication considers a reader’s financial circumstances, investment objectives, experience, risk tolerance, tax position or liquidity requirements.

A paid subscription provides access to research publications. It does not create an advisory, fiduciary, agency or client relationship.

Research opinions and recommendations

Publications may contain ratings, POA-100 scores, valuation ranges, portfolio frameworks, risk classifications and labels such as buy, hold, watch or sell. These represent general research opinions at the time of publication. Depending on their content and distribution, individual statements may qualify as general investment recommendations under applicable law.

Facts, estimates, assumptions and opinions are identified as clearly as reasonably possible. Valuation models depend on assumptions that may change rapidly. Readers should examine the methodology, sources, publication date, risk factors and stated conditions before relying on any conclusion.

Crypto-asset risk

Crypto-assets are highly volatile and may lose a substantial part or all of their value. Relevant risks include illiquidity, leverage, smart-contract failures, protocol exploits, validator or bridge failures, governance intervention, token dilution, unlocks, regulatory action, market manipulation, custody failures, exchange insolvency and changes in market structure.

Historical performance, protocol revenue, token burns, staking yields, user growth and previous valuation multiples do not guarantee future results.

Accuracy and updates

Proof of Analysis seeks to use reliable, current and independently verifiable sources. Complete accuracy, completeness and continued validity cannot be guaranteed. Data supplied by projects, exchanges, analytics providers and other third parties may contain errors, omissions or inconsistent definitions.

Research reflects a specific publication date. Proof of Analysis has no obligation to update every article after prices, fundamentals, regulations or market conditions change. Material updates may be published when considered appropriate.

Conflicts of interest

Authors, editors or persons associated with Proof of Analysis may hold positions in assets discussed in the research. Relevant holdings, commercial relationships, token allocations, sponsorships or other material conflicts are disclosed in the applicable publication whenever they exist.

Proof of Analysis does not accept undisclosed payment in exchange for favourable coverage. Sponsored content, if published, will be identified clearly.

Independent decisions

Readers remain responsible for their own research, custody arrangements, trading decisions and compliance with applicable laws. Before making a material financial decision, readers should consult appropriately authorised financial, legal and tax professionals in their jurisdiction.

Proof of Analysis and its contributors accept no liability, to the fullest extent permitted by law, for losses or damages arising from the use of its publications or from decisions based upon them.