Terms & Conditions

Legal information for Moneynet

Terms of Use
The following terms and conditions govern the token sale between MNCY PTE. LTD. (the
“Company”) and you, for your intended purchase of the tokens from the Company during
the sale period. Each of you and the Company shall hereinafter be referred to as a “Party”,
and collectively, you and the Company shall hereinafter be referred to as the “Parties”.
Please read the terms set out herein carefully. The Tokens are not intended to constitute
securities of any form, units in a business trust, units in a collective investment scheme
or any other form of regulated investment or investment product in any jurisdiction.
This document and these Terms do not constitute a prospectus or offer document of any
sort and are not intended to constitute an offer of securities of any form, units in a
business trust, units in a collective investment scheme or any other form of regulated
investment or investment product, or a solicitation for any form of regulated investment
or investment product in any jurisdiction. No regulatory authority has examined or
approved of these Terms. No such action has been or will be taken by the Company to
obtain such approval under the laws, regulatory requirements or rules of any
jurisdiction. The provision of these Terms to you does not imply that the applicable
laws, regulatory requirements or rules have been complied with.
The Company may modify the Terms of Use from time to time. All changes will be
effective immediately. You can find out when the modification was made. You agree to
be bound by the modification after it has been informed. We may change, suspend,
restrict access to or discontinue the website at any time.
Please note that you are not eligible and you are not to purchase any tokens in the token
sale if you are:
a) a citizen, domiciled in, or resident of the United States of America or the People’s
Republic of China (which for the purpose of these terms, shall exclude the Hong
Kong Special Administrative Region of the People's Republic of China, the
Macau Special Administrative Region of the People’s Republic of China, and the
Republic of China) (“PRC”);
b) located in the United States of America or the PRC at the time of your
Whitelisting for an intended purchase or purchase of tokens in the token Sale;
c) located in a jurisdiction where the token sale is prohibited, restricted or
unauthorized in any form or manner whether in full or in part under the laws,
regulatory requirements or rules in such jurisdiction; or
d) a person who is otherwise prohibited or ineligible in any way, whether in full or
in part, from participating in any part of the transactions contemplated in these
Terms.
By accepting these terms and purchasing tokens, you agree to be legally bound by these
terms (including the Annex hereto) and you expressly acknowledge and represent that you
have carefully reviewed these terms and fully understand the risks, costs, and benefits of
purchasing tokens.
IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU
SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER
PROFESSIONAL ADVISOR(S). IF YOU DO NOT AGREE TO THESE TERMS,
PLEASE DO NOT ACCEPT THESE TERMS OR PURCHASE ANY TOKENS.
The Parties HEREBY AGREE as follows:
1. Eligibility
You shall not participate the token sale if there are any legal restrictions in your
country of residence. It is your responsibility to ensure that your participation is not
prohibited, restricted, hindered or adversely affected by applicable laws in your
country of residence.
Again, you are not eligible to participate in token sale and purchase any tokens if:
a) a citizen, domiciled in, or resident of the United States of America or the
People’s Republic of China (which for the purpose of these terms, shall
exclude the Hong Kong Special Administrative Region of the People's
Republic of China, the Macau Special Administrative Region of the People’s
Republic of China, and the Republic of China) (“PRC”);
b) located in the United States of America or the PRC at the time of your
Whitelisting for an intended purchase or purchase of tokens in the token Sale;
c) located in a jurisdiction where the token sale is prohibited, restricted or
unauthorized in any form or manner whether in full or in part under the laws,
regulatory requirements or rules in such jurisdiction; or
d) a person who is otherwise prohibited or ineligible in any way, whether in full
or in part, from participating in any part of the transactions contemplated in
these Terms.
2. Token Sale Detail
Token Sale Period
The token sale will be held during the following period:
Commencement: 20 Aug, 2018
End: 13 Oct, 2018 or when Hard cap(12,593 ETH) is reached
Closure of the token sale will be announced by the Company through various
channels. If Hard Cap is reached at any time prior to the end date, the token sale will
be closed by the Company. The Company has the sole and absolute discretion to
change the period of Token Sale if needed.
In the event that you attempt to make a purchase of Tokens after the end of Token
Sale and you have made any transfers of ETH and WTC for such attempted purchase
of Tokens, you acknowledge and agree that:

a) the Company has its sole and absolute discretion, provide a refund of such
transfer in full or in part without interest and net of all administrative and/or
third party charges and/or other transaction fees (if any) that may be incurred
in connection with such refund, in which case such administrative and/or third
party charges and/or other transaction fees (if any) incurred in connection with
such refund shall be borne by you;
b) the Company shall have no obligations in any form or manner whatsoever to
you in respect of such attempted purchase; and
c) you hereby waive all rights, claims and/or causes of action (present or future)
under law (including any tortious claims) or contract against the Company and
the Indemnified Persons in connection with or arising from such attempted
purchase, and shall further hold harmless the Company and the Indemnified
Persons from and against any and all losses, damages, taxes, liabilities and
expenses that may be incurred by you in connection with or arising from such
attempted purchase.
Accepted cryptocurrencies, Purchase procedure, Minimum amount and Distribution
You should only purchase MNC token in the token sale through the official website. If
you purchase tokens through any other website or place, then you acknowledge and
agree:

a) the Company shall have no obligation to deliver any tokens and you shall have
no right to receive;
b) the Company shall have no obligation to provide the refund and you shall have
no right to receive;
Accepted cryptocurrencies
The Company shall accept ETH and WTC (Waltonchain coin) for payment.
Minimum purchase amount
The minimum purchase amount for each purchase is 0.1 ETH. If you attempt to
purchase tokens of amount less than the minimum purchase amount, you
acknowledge and agree that:
a) the Company has its sole and absolute discretion, provide a refund of such
transfer in full or in part without interest and net of all administrative and/or
third party charges and/or other transaction fees (if any) that may be incurred
in connection with such refund, in which case such administrative and/or third
party charges and/or other transaction fees (if any) incurred in connection with
such refund shall be borne by you;
b) you hereby waive all rights, claims and/or causes of action (present or future)
under law (including any tortious claims) or contract against the Company and
the Indemnified Persons in connection with or arising from such attempted
purchase, and shall further hold harmless the Company and the Indemnified
Persons from and against any and all losses, damages, taxes, liabilities and
expenses that may be incurred by you in connection with or arising from such
attempted purchase.
Double spend and violation of laws
If any attempt to double spend and violation of laws, regulations and rules is found,
you acknowledge and agree that the attempted purchase of tokens will be regarded as
invalid and/or void regardless of such transfers are reflected as verified and validated
on Ethereum Blockchain(or applicable blockchain) and:
a) the Company has its sole and absolute discretion, provide a refund of such
transfer in full or in part without interest and net of all administrative and/or
third party charges and/or other transaction fees (if any) that may be incurred
in connection with such refund, in which case such administrative and/or third
party charges and/or other transaction fees (if any) incurred in connection with
such refund shall be borne by you;
b) the Company shall have no obligations in any form or manner whatsoever to
you in respect of such attempted purchase; and
c) you hereby waive all rights, claims and/or causes of action (present or future)
under law (including any tortious claims) or contract against the Company and
the Indemnified Persons in connection with or arising from such attempted
purchase, and shall further hold harmless the Company and the Indemnified
Persons from and against any and all losses, damages, taxes, liabilities and
expenses that may be incurred by you in connection with or arising from such
attempted purchase.
3. Cryptocurrency wallet and address
Before participating in the token sale, you shall have the sole responsibility to create
and maintain cryptocurrency wallet and address that can support ERC20 token
Standard.
You shall provide the address of wallet to the Company through the website for the
purpose of receiving tokens or refunds. In case of any loss, hack or theft of
cryptocurrencies, you acknowledge and agree that the Company shall have no
responsibility to solve such problems and you shall have no right, claim or causes of
action in any way against the Company.
In the case that the Company is unable to provide you with any refund or deliver any
tokens to you under these terms due to problems with your wallet, the Company shall
have the sole and absolute discretion to hold such tokens and refund in escrow.
4. Token distribution
The Company shall deliver the confirmed tokens within 7 days from the end of token
sale to the designated address that was provided to the Company in accordance with
these terms. You are required to maintain your wallet in the secure and valid condition
in order to receive the tokens.
If your account and wallet are established and maintained with centralized exchanges,
you acknowledge and agree that:
a) the Company shall not have any responsibility and obligation to ensure that
tokens are successfully delivered;
b) you hereby waive all rights, claims and/or causes of action (present or future)
under law (including any tortious claims) or contract against the Company and
the Indemnified Persons in connection with or arising from such attempted
purchase, and shall further hold harmless the Company and the Indemnified
Persons from and against any and all losses, damages, taxes, liabilities and
expenses that may be incurred by you in connection with or arising from such
attempted purchase.
5. Withdrawal/Cancellation/Rejection of purchase
The Company shall have its sole and absolute discretion to reject/withdraw any
purchases of tokens at any time and prior to the distribution of tokens. The Company
also reserves the right to treat the token sale and any purchase of tokens as being
invalid in case where there is any change in applicable laws, regulation or rule that
restricts, prohibits, hinders or adversely affects the token sale.
The Company shall have its sole and absolute discretion to reject any purchases of
tokens at any time in case where you are not successfully whitelisted to the Company.
6. Refund

You acknowledge, agree and confirm that there shall be no refund of any purchases
you have made in any form or manner. All risks in relation to any refund shall be
borne by you and the Company shall have no responsibility for such risks.
In case where the Company approves any refund in accordance to these terms for any
intended purchase, the Company shall transfer such amount of currencies as may be
equivalent to the amount refundable to the address of such wallets as may be provided
by you to the Company.
In case where the Company approves any refund in accordance to these terms for any
intended purchase, however if your account and wallet are established and maintained
with centralized exchanges, you acknowledge and agree that:
a) the Company shall not have any responsibility and obligation to ensure that
the refund process is successfully executed;
b) the Company shall not have any responsibility and obligation to ensure that
your receipt of any refund;
c) you hereby waive all rights, claims and/or causes of action (present or future)
under law (including any tortious claims) or contract against the Company and
the Indemnified Persons in connection with or arising from such attempted
purchase, and shall further hold harmless the Company and the Indemnified
Persons from and against any and all losses, damages, taxes, liabilities and
expenses that may be incurred by you in connection with or arising from such
attempted purchase.
7. Representations and warranties
You represent and warrant to the Company that:
a) You acknowledge and agree that the tokens are not intended to constitute
securities of any form, units in a business trust, units in a collective investment
scheme or any other form of regulated investment or investment product in
any jurisdiction;
b) You represent and warrant that any cryptocurrency transfer that you make is
legal in your jurisdiction.
c) You acknowledge and agree that the Company will not be held liable for any
loss or damages due to non-compliance.
d) You acknowledge and agree that your use of services and reliance upon any
materials of the Company is solely at your own risk.
e) You acknowledge and agree that all transfers are made voluntarily and at your
sole discretion and you are fully aware of all risks related to cryptocurrency
and blockchain technology.
f) You acknowledge and agree that you shall not use materials provided by the
Company for any unlawful and prohibited purpose. You may not attempt to
gain unauthorized access. The Company shall have its sole and absolute
discretion to monitor all use of the website and remove user’s content at any
time.
g) You acknowledge and agree that no regulatory authority has examined or
approved these terms, no such action has been or will be taken under the laws,
regulatory requirements or rules of any jurisdiction. The provision of these
terms to you does not mean that any applicable laws, regulations and rules
have been complied with;
8. Intellectual Property(IP) rights
These terms do not entitle you to any intellectual property rights and not authorize
you to make use of any materials provided by the Company. This includes the rights
in relation to the use of any information, text, graphic, logos, button icons, images,
audio clips, digital downloads, user interface, trademarks, trade names, internet
domain names or copyright. The Company reserves all intellectual property rights.
9. Disclaimers
All information available is provided on “as is” and “as available” basis and to the
maximum extent permissible pursuant to all applicable laws, regulations and rules.
The Company disclaims any warranties of any kind, either expressed or implied. You
assume all responsibility and risk with respect to your use of the website and
purchasing tokens.
The Company does not accept any liability for any loss, damage or risks including
loss of business, profits or revenue, or loss of data, software or equipment, resulting
from any use of the website and materials provided by the Company.
You acknowledge and agree that the Company shall not be held liable and shall not
accept any obligation and responsibility for any change of the value of the tokens. The
Company shall not guarantee in any way that the tokens might be sold or transferred
during or after the token sale.
You acknowledge and agree that the token, blockchain technology and other related
technologies may be adversely affected by the market condition, regulatory laws and
regulations, which are outside the control of the Company.
The Company shall not represent or warrant that the website or application will be
free of errors, viruses and defects and this may adversely affect the operation of the
Company.
10. Miscellaneous
Entire Agreement. This Agreement is intended to fully reflect the terms of the
original agreement between Parties. The Company reserves all rights not expressly
granted by this Agreement. If the Company finds that you have engaged in abusive
and unfair activities and usage, the Company reserves the right to take appropriate
actions to protect the Company from damages and losses.
Assignment. You shall not transfer, assign or delegate any of your obligations, rights
or privileges to anyone without the written consent of the Company. The Company
shall have its sole and absolute discretion to do so at any time.
Contact. You can send any questions regarding this Agreement via email to
info@moneynet.io.