13.Risk Assessment

13.1 Technical Risks

Risk	Probability	Impact	Mitigation
Smart contract vulnerability	Low	Critical	Multiple audits, bug bounty
Validator centralization	Medium	High	Geographic requirements, mission alignment
IBC security issue	Low	High	Conservative connection policy
Upgrade failure	Low	Medium	Testnet verification, rollback plans

13.2 Economic Risks

Risk	Probability	Impact	Mitigation
Low adoption	Medium	High	Pilot proof of concept, partnerships
Token volatility	Medium	Medium	Non-speculative design, utility focus
Competition	Low	Medium	First-mover, unique architecture
Pricing resistance	Medium	Low	Geographic tiers, governance adjustment

13.3 Operational Risks

Risk	Probability	Impact	Mitigation
Key person dependency	Medium	Medium	Documentation, team expansion
Regulatory change	Medium	Medium	Legal counsel, jurisdiction selection
Validator dropout	Low	Medium	Incentive alignment, backup validators
Content quality	Medium	Medium	Curation standards, quality control

13.4 Governance Risks

Risk	Probability	Impact	Mitigation
Voter apathy	Medium	Medium	Incentives, delegation
Council capture	Low	High	Multi-stakeholder design, veto rights
Constitutional violation	Low	Critical	On-chain enforcement
Foundation overreach	Low	Medium	Sunset schedule, transparency