The following Terms and Conditions (“Terms”) govern your (“you” or the “Purchaser”) purchase of cryptographic tokens (“CON“) from Conshiptrack, an exempted company registered in the Cayman Islands (the “Company”). Each of you and the Company is a “Party” and, together, the “Parties” to these Terms. This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the CON token sale.
IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE CON FROM THE COMPANY.
BY PURCHASING CON FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, PLEASE CONTACT THE COMPANY AT email@example.com
By purchasing CON, and to the extent permitted by law, you are agreeing not to hold any of the the Company and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “CON Team”) liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of CON, including losses associated with the terms set forth below.
DO NOT PURCHASE CON IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. PRIOR TO PURCHASING CON, YOU SHOULD CAREFULLY CONSIDER THE TERMS LISTED BELOW AND, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT PURCHASE CON.
PURCHASES OF CON SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS, ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, INCLUDING BINANCE TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. PURCHASERS SHOULD HAVE A FUNCTIONAL UNDERSTANDING OF STORAGE AND TRANSMISSION MECHANISMS ASSOCIATED WITH OTHER CRYPTOGRAPHIC TOKENS. WHILE THE COMPANY WILL BE AVAILABLE TO ASSIST PURCHASERS OF CON DURING THE SALE, THE COMPANY WILL NOT BE RESPONSIBLE IN ANY WAY FOR LOSS OF BTC, ETH OR CON RESULTING FROM ACTIONS TAKEN BY, OR OMITTED BY PURCHASERS. IF YOU DO NOT HAVE SUCH EXPERIENCE OR EXPERTISE, THEN YOU SHOULD NOT PURCHASE CON OR PARTICIPATE IN THE SALE OF CON. YOUR PARTICIPATION IN CON SALE IS DEEMED TO BE YOUR UNDERTAKING THAT YOU SATISFY THE REQUIREMENTS MENTIONED IN THIS PARAGRAPH.
PURCHASER AGREES TO BUY, AND COMPANY AGREES TO SELL, THE CON TOKENS IN ACCORDANCE WITH THE FOLLOWING TERMS:
Overview of CON sale
CON is required for proper operation and comprehensive utilization of Conshiptrack . After the CON sale, each CON is backed by etherscan. To the extent they do not contradict these Terms. The Company reserves the right to circumvent the algorithm used to select the underlying assets if it believes, in its sole discretion, that such selected underlying assets could adversely affect the Company or CON from a regulatory or legal perspective. The Company shall have the right to sell any such underlying assets (if already part of CON portfolio) and block their acquisition.
The maximum total amount of CON to be issued is 500,000,000. CON
No more CON will be issued after the end of the CON sale, as described in the preceding paragraph. Ownership of CON during the CON token sale carries no rights express or implied. Purchases of CON are non-refundable.
Purchasers in the CON token sale will be allocated their CON tokens in exchange for BNB at the following rate:
the first 1,00,000 CON tokens: US$ 0.02 per CON token;
Purchaser must have an Metamask wallet that supports the BEP-20 token standard in order to receive any CON purchased from the Company.
After the CON Token Sale
The Purchasers should have no expectation of influence over governance of the Company.
Upon the conclusion of a successful CON sale, the digital assets backing each CON token will be transparently purchased.
The Company will provide you with an official and regular audit conducted on the existence of the digital assets backing each CON token. Through this audit, you can track and confirm that the digital assets backing your CON have been received and acquired. Access to the audit results does not constitute a CON purchase receipt or indicate in any way that the party possessing such access has rights to or ownership of the purchased CON tokens.
Prior to a Purchaser selling CON after the CON token sale completion, such Purchaser shall ensure that the buyer of any such CON undertakes to comply with all the provisions of these Terms as if such person were a Purchaser in the CON token sale.
All purchases of CON are final
ALL PURCHASES OF CON ARE FINAL. PURCHASES OF CON ARE NON-REFUNDABLE. BY PURCHASING CON, THE PURCHASER ACKNOWLEDGES THAT NEITHER THE COMPANY NOR ANY OF ITS AFFILIATES, DIRECTORS OR SHAREHODELRS ARE REQUIRED TO PROVIDE A REFUND FOR ANY REASON.
IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY INDIVIDUALS OR ENTITIES OWNING CON CREATES MATERIAL REGULATORY OR OTHER LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND/OR CON, THE COMPANY RESERVES THE RIGHT TO: (A) BUY ALL CON FROM SUCH CON OWNERS AT THE THEN-EXISTING MARKET PRICE AND/OR (B) SELL ALL CRYPTOCURRENCY ASSETS OF THE COMPANY.
Taxation of CON and Taxation Related to the Token Sale
The Purchaser bears the sole responsibility to determine if the purchase of CON with BTC, LTC, ETH or the potential appreciation or depreciation in the value of CON over time has tax implications for the Purchaser in the Purchaser’s home jurisdiction. By purchasing CON, and to the extent permitted by law, the Purchaser agrees not to hold any of the Company, its affiliates, shareholders, director, or advisors liable for any tax liability associated with or arising from the purchase of CON.
Disclaimer of Warranties
THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING CON AT THE PURCHASER’S SOLE RISK AND THAT CON IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE CONSHIPTRACK TEAM WARRANTS THAT THE PROCESS FOR PURCHASING CON WILL BE UNINTERRUPTED OR ERROR-FREE.
These Terms set forth the entire understanding between the Purchaser and the Compan with respect to the purchase and sale of CON. For facts relating to the sale and purchase, the Purchaser agrees to rely only on the Terms in determining purchase decisions and understands that the Terms govern the sale of CON and supersede any public statements about the CON token sale made by third parties or by the Conshiptrack Team or individuals associated with any of the Conshiptrackf Team, past and present and during the CON token sale.
The Purchaser and the Company agree that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.
The failure of the Company to require or enforce strict performance by the Purchaser of any provision of these Terms or the Company’s failure to exercise any right under these Terms shall not be construed as a waiver or relinquishment of the Company’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by the Company of any provision, condition, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in these Terms, no representations, statements, consents, waivers, or other acts or omissions by the Conshiptrack Team shall be deemed a modification of these Terms nor be legally binding.
To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless the Conshiptrack Team from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise from or relate to: (i) your purchase or use of CON; (ii) your responsibilities or obligations under these Terms; (iii) your violation of these Terms; or (iv) your violation of any rights of any other person or entity. The Company reserves the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this Section 18. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and the Company.
You are responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism you use to receive and hold CON purchased from the Company, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If your private key(s) or other access credentials are lost, you may lose access to your Tokens. The Company is not responsible for any losses, costs or expenses relating to lost access credentials.
Currently, only English versions of any Conshiptrack communications is considered official. The English version shall prevail in case of differences in translation.
The Terms, the arbitration clause contained in them, and all non-contractual obligations arising in any way whatsoever out of or in connection with these Terms are governed by, construed, and take effect in accordance with English law.
Any dispute or difference arising out of or in connection with these Terms or the legal relationships established by these Terms, including any question regarding its existence, validity or termination (“Dispute”), shall be referred to and finally resolved by arbitration under Confict ->Terms and Conditions.
A dispute arising out of or related to these Terms is personal to you and the Company and will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual attempts to resolve a Dispute as a representative of another individual or group of individuals. Further, a Dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.