That is true. We all have to assess the risk with Kingdom and enter what we feel comfortable with.
I am sure they are not signing up things they know to be scams but they are still offering a service to the project teams to utilize.
It is up to us to decide what we think about the individual projects for ourselves.
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Yup, they chose these first kingdoms very carefully. But Khal was considering adding some risky but very rewarding (temporarily at least) kingdoms at some point, with proper disclaimers.
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