Terms and Conditions

for participants of Infleum ICO

 

Last modified: September 4,2018

 

 

1.     INTRODUCTION

These terms and conditions (hereinafter the “Terms”), Privacy Policy and any terms and

conditions published from time to time on the Website (being infleum.io, all subdomains and

all their respective pages) constitute the legal relationship and agreement between you, the

Token holder, and INFLEUM(“Company”), in respect of your participation in the ICO, receiving and holding Tokens,

and your use of the Website.

 

 

2.     DEFINITIONS

2.1.     “Ethereum” or “ETH” means an open-source, public, blockchain-based distributed

    computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.

2.2.     “Ethereum Smart Contracts” means the Ethereum blockchain platform based computer

    protocols that facilitate, verify, or enforce the negotiation or performance of a contract, or that make a contractual clause unnecessary.

2.3.     “Bitcoin” or “BTC” means a worldwide cryptocurrency and digital payment system called

    the first decentralized digital currency, since the system works without a central repository or single administrator.

2.4.     “Bitcoin Cash” or “BCH” means a hard fork of the cryptocurrency BTC.
2.5.     “Blockchain” means a digital ledger in which transactions made in cryptocurrency are recorded chronologically and publicly.
2.6.     “Agreement” means these Terms and all other operating rules, policies, and procedures that may be issued by Company and published

    from time to time on the Website.

2.7.     “Website” means that maintained by Company at infleum.io.

2.8.     “Company ICO Dashboard” or “ICO Dashboard” means the ICO web-interface at infleum.io.
2.9.     “Infleum Token”, “Token” means the ERC20 standard Ethereum token used in the Company ICO, it represents the proof of participation

    in the ICO and the opportunity to receive a part of company’s distributable profits, as described in the Token Whitepaper.

2.10.     “ICO” is the Infleum token-distribution process to raise fund from a large number of people.
2.11.     “Participant” means a people who participated in ICO.
2.12.     “Token holder” means a people who owns Infleum Tokens through ICO.
2.13.     “UTC” means Coordinated Universal Time.
2.14.     “Privacy Policy” means the document describing the methods how Company collects, uses and releases information collected

     from Token holders available on the Website at [INFLEUM-Privacy-Policy].

2.15.      “Token White Paper” means the document describing the Token, available on the Website at [INFLEUM_Whitepaper_eng_v.1.8].

 

 

3.     ICO

3.1.     ICO Dashboard will provide you with a unique intermediary address for ICO made in cryptocurrency,

   so you can confirm that your payment made using any cryptocurrency has been received.

3.2.     ICO Dashboard will provide you with a unique order identification combination which will serve as a reference

    ID for all the requests regarding created purchase requests for cryptocurrencies.

3.3.     Token holder will be able to check the status updates of his ICO at his ICO Dashboard account.
3.4.     Knowledge of the unique intermediary address or unique order identification combination does not constitute a

    purchase receipt or indicate in any way that any party possessing such knowledge has rights to or ownership of a Token.

    All complaints will be processed individually.

3.5.     Company will only do ICO via the Official Website or/and authorized third parties listed at the Official Website.

    Any third party website or service, not authorized third parties

    at the Website, are not supported, endorsed or sanctioned by any Company Party and have no relationship in any way with the Company.

3.6.     The only official and authorized ICO website URL operated by Company is infleum.io.

    You must ensure that the URL of your web browser indicates that it is using a hypertext transport protocol secure connection (“https”) and that the domain name is correct.

3.7.     The list of officially authorized third parties which are allowed to distribute the Infleum Token during the ICO is announced at the Website.

3.8.     By participating in the ICO or receiving and holding Tokens, you agree that no other party (including, without limitation any Company Party)

    may be held liable for any Loss arising out of, or in any way connected to your participation in the ICO or receiving and holding

    Tokens in any manner other than via the Website of authorized third parties.

 

 

4.     NO REFUND

The User understands and accepts that ICO of Company are final and may not be reversed.

Funds raised through the ICO are non-refundable. By participating in the ICO, the user

acknowledges that he has no right to request a refund for any reason, and that the User will

not receive money or other compensation for any Company that is not used or remains unused.

 

 

5.     THIRD-PARTY WEBSITES AND SERVICES

5.1.     The pages of the Website may contain links to third-party websites and services. Such links are provided for your convenience,

   but their presence does not mean that they are recommended by the Company management.

   In addition, the Company does not guarantee their safety and conformity with any User expectations.

5.2.     Furthermore, we are not responsible for maintaining any materials referenced from another site, and makes no warranties for that site or this service in such context.

5.3.     Company assumes no obligations in the event of any damage or loss, or any other impact, directly or indirectly resulting from

    the use of any content, goods or services available on or through any such third-party websites and resources.

 

 

6.     ACCEPTANCE OF ICO TERMS AND CONDITIONS

6.1.     By participating in the ICO, you expressly acknowledge and represent that you have

   carefully reviewed these terms and conditions, the Whitepaper, the Website and fully

   understand the risks, costs, and benefits associated with Tokens and you agree to be bound by these terms and conditions.

6.2.     By using the Website and participating in the ICO you represent and warrant that you:

(a) are legally permitted to participate in the ICO or receive and hold Tokens in your own jurisdiction;
(b) are of a sufficient age to legally participate in the ICO or receive and hold Tokens;
(c) are not participating in the ICO or receiving and holding Tokens, or exchanging any cryptocurrency for Tokens for the purpose of speculative investment;
(d) are not participating in the ICO or receiving and holding Tokens for an illegal purpose;
(e) have an understanding of the usage and intricacies of cryptocurrencies, cryptographic Tokens and blockchain based software systems.

6.3.     Further, by using the Website and participating in the ICO you acknowledge and agree that:

(a)   you take sole responsibility for any restrictions and risks associated with participating in the ICO,

or receiving and holding Tokens, whether referred to in these terms and conditions, arising under any applicable law or otherwise;

(b)   you waive the right to participate in any class action lawsuit or any class wide arbitration against any Company Party;
(c)   you are participating in the ICO, and receiving and holding Tokens to facilitate the development, testing, deployment and operation of Company;
(d)   the proposed outcomes discussed in the Whitepaper or Business Model may not be achieved;
(e)  Tokens may not provide the rewards envisaged;
(f)   Participating in the ICO, or receiving and holding Tokens do not grant any decision making power, including (without limitation)

in relation to development, governance or the role, conduct or performance of Company;

(g)   you will not hack into, interfere with, disrupt, disable, overburden or otherwise impair the proper working of the Website;
(h)   you will not violate or attempt to violate the security of the Website;
(i)   you will not access information or data which you are not authorised to access;
(j)   you will promptly provide to Company, upon request, any additional information

which Company may consider necessary in providing services on the Website; and

(k)   you will ensure that any information or content posted, or permitted or caused to be posted, on the Website,

shall be non-confidential or non-proprietary unless expressly indicated otherwise, and not offensive,

illegal under any applicable law, and that you will be responsible for all such information or content.

6.4.     By using the Website and participating in the ICO you further agree to the following statements:

6.4.1.     Represent that I am:

(a)   NOT an individual who is a resident of the United States of America, its territories or possessions,

any state of the United States of America or the District of Columbia (the “USA”);

(b)   NOT a corporation, partnership or other legal entity formed under the laws of the USA;
(c)   NOT an agency, branch or office located in the USA of a corporation, partnership or other legal entity that was formed under laws other than those of the USA;
(d)   NOT a trust of which any trustee is described in (a), (b) or (c) above;
(e)   NOT a legal entity (i) the shares of which are not publicly traded on a securities exchange, and (ii) more than 45% of the shares

of which are owned by or for the benefit of an individual or entity described in (a), (b), (c) or (d) above;

(f)   NOT a member of any branch of the military of the USA; and
(g)   NOT an agent or a fiduciary acting on behalf or for the benefit of an individual or entity described in (a), (b), (c), (d), (e) or (f) above.

6.4.2.     My decision to subscribe for Infleum Tokens was:

(a)   NOT based, at least in part, on information I received or communications I exchanged while I,

or the person providing the information or with whom the communication was exchanged, was within the USA;

(b)   NOT made inside the USA; and
(c)   NOT communicated to Company from a source within the USA.

6.4.3.     My Infleum Tokens is:

(a)   made for my own account as principal;

(b)   NOT made in anticipation of a further distribution of the Infleum Tokens to others;

6.5.     By using the Website and participating in the ICO you further agree to the following statements:

6.5.1.     Represent that I am:

(a)   NOT an individual who is a resident of the Cayman Islands, its territories or possessions, any state of the Cayman Islands ;
(b)   NOT a corporation, partnership or other legal entity formed under the laws of the Cayman Islands ;
(c)   NOT an agency, branch or office located in the Cayman Islands of a corporation, partnership or

other legal entity that was formed under laws other than those of the Cayman Islands ;
(d)  NOT a trust of which any trustee is described in (a), (b) or (c) above;
(e)   NOT a member of any branch of the military of the Cayman Islands ; and
(f)   NOT an agent or a fiduciary acting on behalf or for the benefit of an individual or entity described in (a), (b), (c), (d) or (e) above.

6.5.2.     My decision to subscribe for Infleum Tokens was:

(a)   NOT based, at least in part, on information I received or communications I exchanged while I,

or the person providing the information or with whom the communication was exchanged, was within the Cayman Islands ;

(b)   NOT made inside the Cayman Islands
(c)   NOT communicated to Company from a source within the Cayman Islands.

6.6.     By using the Website and participating in the ICO you further agree to the following statements:

6.6.1.     Represent that I am:

(a)   NOT an individual who is a resident of the other restricted countries and territories, its territories or possessions, any state of the other restricted countries and territories ;
(b)   NOT a corporation, partnership or other legal entity formed under the laws of the other restricted countries and territories ;
(c)   NOT an agency, branch or office located in the other restricted countries and territories of a corporation, partnership or other legal entity that was

formed under laws other than those of the other restricted countries and territories ;

(d)   NOT a trust of which any trustee is described in (a), (b) or (c) above;
(e)   NOT a member of any branch of the military of the other restricted countries and territories ; and
(f)   NOT an agent or a fiduciary acting on behalf or for the benefit of an individual or entity described in (a), (b), (c), (d) or (e) above.

6.6.2.     My decision to subscribe for Infleum Tokens was:

(a)   NOT based, at least in part, on information I received or communications I exchanged while I,

or the person providing the information or with whom the communication was exchanged, was within the other restricted countries and territories ;

(b)   NOT made inside the other restricted countries and territories ; and
(c)   NOT communicated to Company from a source within the other restricted countries and territories.

 

 

7.     CONDUCT AND OBLIGATIONS

7.1.     In connection with your use of the Website, you will not:

(a)   Violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory

or similar organization of which you are required to be a member through your use of the Website;

(b)   Provide false, inaccurate or misleading information;
(c)   Infringe upon Company Website or any third party’s copyright, patent, trademark, or intellectual property rights;
(d)   Distribute unsolicited or unauthorized advertising or promotional material, any junk mail, spam, or chain letters;
(e)   Reverse engineer or disassemble any aspect of the Website in an effort to access any source code, underlying ideas and concepts, and algorithms;
(f)   Take any action that imposes an unreasonable or disproportionately large load on our infrastructure,

or detrimentally interfere with, intercept, or expropriate any system, data, or information;

(g)   Transmit or upload any material to the Website that contains viruses, Trojan horses,

worms, or any other harmful or deleterious programs;

(h)   Otherwise attempt to gain unauthorized access to the website, other Company systems, computer systems or networks connected

to the Website, through password mining or any other means;

(i)   or Transfer any rights granted to you under these Terms.

 

 

8.     OBLIGATION TO COMPLY THE LAWS OF PARTICIPANT’S JURISDICTION

It is the responsibility of each potential Participant to determine if the Participant can legally participate in the ICO,

and receive and hold Tokens in the Participant’s jurisdiction. Company will not be held liable in case of any Participant’s failure to meet this condition.

 

 

9.     EXCLUSION OF LIABILITY

9.1.     No Company Party will be liable (whether in an action in negligence, contract or tort based on a warranty or otherwise)

   for any Loss even if Company or its representatives, or any Company Party are advised of the possibility of such Loss,

   howsoever caused as a result, directly or indirectly, of or arising from or in connection with:

(a)   your participation in the ICO, receiving and holding Tokens;
(b)   any access, the use of, or inability to access or use, the Website;
(c)   your reliance on or use of or inability to use the content and information of the Website or any linked website;
(d)   any failure of performance, error, omission, interruption, defect, delay in operation or transmission,

computer virus or line or system failure of the Website or any linked website;

(e)   unauthorised access to or alteration of your transmissions or data;
(f)   statements or conduct of any third party on the Website; or
(g)   any other matter relating to the Website.

9.2.     You hereby expressly agree that, to the maximum extent permitted by the applicable law,

   Company does not accept any liability for any damage or loss, including loss of business, revenue, or profits,

   or loss of or damage to data, equipment, or software(direct, indirect, punitive, actual, consequential, incidental,

   special, exemplary or otherwise), resulting from any use of, or inability to use, this Website or the material,

   information, software, facilities, services or content on this Website,from the ICO, regardless of the basis,

   upon which the liability is claimed and even if Website has been advised of the possibility of such loss or damage.

9.3.     You understand and agree that Company shall not be held liable to and shall not accept any liability,

   obligation or responsibility whatsoever for any change of the value of the Infleum Tokens. To the extent allowable

   pursuant to applicable law of regulation, the ICO is final, and thus there are no refunds and/or cancellations.

   You understand and expressly agrees that Company shall not guarantee in any way that the Infleum Tokens might be transferred during or after ICO.

9.4.     If applicable law does not allow all or any part of the above limitation of liability to apply to you,

   the limitations will apply to you only to the extent permitted by applicable law. You understand and agree

   that it is your obligation to ensure compliance with any legislation relevant to your country of domicile concerning

   use of this website and use and holding the Infleum Tokens, and that Company should not accept any liability for any

   illegal or unauthorized use of this Website and use and holding the Infleum Tokens. You agree to be solely responsible

   for any applicable taxes imposed on tokens hereunder.

 

 

10.     INDEMNITY

10.1.     You will indemnify Company Parties, from and against all Loss in any way arising out of your participation in the ICO,

     or receiving and holding Tokens, or your use of the Website.

10.2.     To the extent allowable pursuant to applicable law, the Participants shall indemnify, defend,

      and hold the Company and/or its subsidiaries, affiliates, directors, officers, employees, agents, successors,

      and permitted assignees harmless from and against any and all claims, damages, losses, suits, actions, demands

      proceedings, expenses, and/or liabilities (including but not limited to reasonable attorneys’ fees incurred

      and/or those necessary to successfully establish the right to indemnification) filed/incurred by any third party

      against the Company arising out of a breach of any warranty, representation, or obligation hereunder.

10.3.     You expressly waive any rights you may have under the applicable law as well as any other statute or common

     law principles that would otherwise limit the coverage of this release to include only those claims which you may

     know or suspect to exist in your favor at the time of agreeing to this indemnification.

10.4.     Company cannot and does not guarantee any market liquidity for Tokens.

 

 

11.     ACKNOWLEDGEMENT

Usage and receiving Tokens may carry financial risk. You acknowledge and agree that

in no event shall any Company Party be liable or responsible for any Loss in any way arising

out of your participation in the ICO, receiving and holding Tokens, or use of the Website

and all Company Parties are hereby released by the Participant from liability for any and all such Loss.

 

 

12.     FORCE MAJEURE

No Company Party is liable in any way for failure to perform due to any Force Majeure Event.

By participating in the ICO, or receiving and holding Tokens, to the extent permitted by applicable law,

you agree that no other party (including, without limitation any Company Party) may be held liable

for any Loss arising out of, or in any way connected to, any Force Majeure Event.

 

 

13.     COMPLETE AGREEMENT

13.1.     These terms and conditions together with any terms and conditions published from time to time on the Website,

     set out the entire understanding between each Participant and Company and any other Company Party

     in relation to your participation in the ICO, or receiving and holding Tokens.

13.2.     To the extent this document conflicts with the Website or any other document, including but not limited to the Whitepaper, this document prevails.
13.3.     To the extent that these terms and conditions, any terms and conditions published from time to time on the Website,

     the Whitepaper conflict with translated copies, the English version prevails.

 

 

14.     SEVERABILITY

If any provision of these terms and conditions 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 determinatio

n of invalidity or unenforceability without affecting the validity or enforceability

thereof in any other manner or jurisdiction and without affecting the remaining provisions, which shall continue in full force and effect.

 

 

15.     NO WAIVER

The failure of Company to require or enforce strict performance of any provision of these terms and conditions

or Company’ failure to exercise any right under these terms and conditions shall not be construed as a waiver

or relinquishment of Company’ right to assert or rely upon any such provision

or right (or any other provision and/or right contained this document in its entirety, as the case may be) in that or any other instance.

The express waiver by Company of any provision, condition, or requirement of these terms and conditions shall not constitute a waiver

of any future obligation to comply with such provision, condition or requirement.

Except as expressly and specifically set out in these terms and conditions, no representations, statements, consents, waivers,

or other acts or omissions by Company shall be deemed a modification of these terms and conditions or be legally binding.

 

 

16.     INTELLECTUAL PROPERTY

16.1.     Unless otherwise stated, the content and information on the Website are the property of Company Parties

     or other parties. You may not download, reproduce, or retransmit any information, other than for noncommercial individual use.

     This Website is to be used by the Participant only. You, the Participant are granted a limited, nontransferable, revocable license

     to view and copy the information solely for personal use only, subject to clause

16.2.     All intellectual property rights comprised in the information, text, graphics, logos, images, audio clips, data compilations,

     scripts, software, technology, sound or any other materials or works found in the Website shall vest in and remain property of Company.

     You are permitted to download and print such materials from the Website for personal and noncommercial use provided that you do not breach these terms and conditions.

16.3.     You acknowledge and agree that any materials, including but not limited to questions, comments, feedback, suggestions, ideas, plans, notes, drawings, original

     or creative materials or other information, regarding Company or the Website (collectively,”Feedback”) that are provided by you,

     whether by email, posting through the Website or otherwise, are non-confidential and will become the sole property of Company.

16.4.     Company will own exclusive rights, including all intellectual property rights, and will be entitled to the unrestricted use and dissemination

     of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you.

 

 

17.     WARNING

17.1.     Do not participate in this ICO if you are not familiar with or do not understand cryptocurrencies,

    cryptographic tokens, and blockchain based software systems.

17.1.1.     Only participants having significant experience with, or an understanding of, the use and intricacies

        of cryptocurrencies, cryptographic tokens, and blockchain based software systems should participate in the ICO.

17.1.2.     While Company will provide general guidelines in relation to use and storage of Tokens, you should have a functional understanding

of storage and transmission mechanisms associated with cryptocurrencies, cryptographic tokens, and blockchain based software systems.

While Company will be available to assist you during and after the ICO, no Company Party will be liable for any Loss arising out of,

or in any way connected to any actions taken by, or any omissions by any Participant.

17.2.     Token price may experience extreme volatility

17.2.1.     Cryptographic Tokens or cryptocurrencies that possess value in public markets, such as BTC, have demonstrated extreme fluctuations

in price over short periods of time on a regular basis. You must be prepared to accept similar fluctuations in Token value. Such fluctuations are due to

market forces and represent changes in the balance of supply and demand. Company cannot and does not guarantee any market liquidity for Tokens.

Additionally, due to different regulatory requirements in different jurisdictions, and the inability of citizens of certain countries to open accounts

at exchanges located anywhere in the world, the liquidity of Tokens may be markedly different in different jurisdictions.

17.2.2.     By participating in the ICO, or receiving and holding Tokens, you acknowledge and agree that you fully understand that Tokens may experience volatility

in pricing and liquidity, and that, to the extent permitted by applicable law, you agree that no other party (including, without limitation any Company Party)

may be held liable for any Loss arising out of, or in any way connected your participation in the ICO, or receiving and holding Tokens.

17.3.     Receiving Tokens has a number of risks

17.3.1.     Tokens carry risks.

Prior to receiving Tokens, you should carefully consider such risk and, to the extent necessary, consult with an appropriately qualified advisor.

If any of the following risks are unacceptable to you, you should not accept Tokens. By participating in the ICO, or receiving and holding Tokens,

you acknowledge and agree that you understand the risks described below and that, to the extent permitted by applicable law,

you agree that no other party (including, without limitation any Company Party) may be held liable for any Loss arising out of,

or in any way connected with your participation in the ICO, or receiving and holding Tokens or such risk.

17.3.2.     Dissolution of Company due to a diminishment in the value of other cryptocurrencies, cryptographic tokens,

and blockchain based software systems. While some of these may have been relatively stable, it is possible that their values may drop significantly

in the future, which may deprive Company of sufficient resources to continue to operate.

17.3.3.     Regulatory action in one or more jurisdictions.

Cryptocurrencies, cryptographic tokens, and blockchain based software systems have been the subject of regulatory scrutiny by various regulatory bodies

in numerous jurisdictions. Company and Tokens could be impacted by one or more regulatory inquiries or regulatory actions, which could impede

or limit the ability of Company to develop Company.

17.3.4.     Insufficient interest in Company and Infleum tokens.

It is possible that Company or Infleum tokens will not be used by a large number of individuals, businesses and other organisations and that there will be limited public interest

in the creation and development of its functionalities. Such a lack of interest could impact the development of Company. Company will contract with developers

to help build Company, and is working with third-party developers around the world to create an interest in Company. However, Company cannot predict the success

of these development efforts or the efforts of other third parties.

17.3.5.     Theft.

Hackers or other groups or organisations may attempt to steal Tokens.

17.3.6.     Ethereum mining attacks.

The Participant understands and accepts that, as with other cryptocurrencies, cryptographic tokens, and blockchain based software systems,

the Ethereum blockchain used for Company ICO campaign is susceptible to mining attacks, including but not limited to double spend attacks,

majority mining power attacks, “selfishmining” attacks, and race condition attacks. Any successful attacks present a risk to Company ICO campaign,

expected proper execution and sequencing of Token transactions, and expected proper execution and sequencing of contract computations.

 

 

18.     TAXATION

18.1.     Company makes no representations concerning the tax implications of participating in the ICO, or receiving and holding Tokens.

18.2.     You bear the sole responsibility for determining or assessing the tax implications of your participation in the ICO,

     or receiving and holding Tokens in all respects and in any relevant jurisdiction.

18.3.     By participating in the ICO or receiving and holding Tokens, to the extent permitted by applicable law,

     you agree that no other party (including, without limitation any Company Party) may be held liable for any Loss arising out of,

     or in any way connected to, any tax liability you may incur in connection with your participation in the ICO to Company, or receiving and holding Tokens.

 

 

19.     FORWARD LOOKING STATEMENTS

The Website, the Whitepaper, and the Business Model may include forward looking statements. Often, but not always,

forward looking statements can be identified by the use of words such as “believes,” “expects,” “does not expect,” “is expected,”

“targets,” “outlook,” “plans,”, “ETA”, “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not

anticipate” or variations of such words and phrases or statements that certain actions, events or results “may,” “could,” “would,” “might”

or “will” be taken, occur or be achieved. Forward looking statements involve known and unknown risks, uncertainties and other factors

which may cause the actual results, performance or achievements of Company to be materially different from any future results, performance

or achievements expressed or implied by the forward looking statements. Although Company believes it has a reasonable basis for making these forward looking statements,

you must not place undue reliance on such forward looking information. By its nature, forward looking information involves numerous assumptions,

inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predictions, forecasts and other forward looking statements will not occur.

 

 

20.     TERMINATION AND SUSPENSION

Notwithstanding anything contained in these Terms, we reserve the right, without notice and at our sole discretion,

to terminate these Terms or suspend your right to access the Website. You may terminate these Terms without notice by discontinuing use

of the Website. All rights and licenses granted to you under these Terms will immediately be revoked upon our termination

of these Terms or our suspension of your access to the Website under these Terms.

 

 

21.     JURISDICTION AND DISPUTE RESOLUTION

21.1.     All questions concerning the construction, validity, enforcement and interpretation of these Terms shall be governed

    by and construed and enforced in accordance with the laws of the Republic of Korea.

21.2.     To resolve any Dispute, controversy or claim between the Parties arising out of or relating to these Terms, or the breach thereof,

     the Parties agree first to negotiate in good faith following written notification of such controversy or claim to the other Party.

     Notice to Company shall be sent by e-mail to Company at support@infleum.io. Notice to you shall be by email to the then-current email address in your notice.

     Your notice must include (a) your name, postal address, email address and telephone number, (b) a description in reasonable detail of the nature or basis of the Dispute, and
(c) the specific relief that you are seeking. If you and Company cannot agree how to resolve the Dispute after the date notice is received by the applicable Party, then

     either you or Company may, as appropriate and in accordance with this Section 21, commence a lawsuit proceeding, file a claim in court in the Republic of Korea.

21.3.     Any Dispute arising out of or related to these Terms is personal to you and Company and will be resolved solely through individual lawsuit and will not be brought as a class lawsuit,

     class action or any other type of representative proceeding. A Dispute cannot be brought as a class or other type of representative action, whether within or outside of lawsuit,

     or on behalf of any other individual or group of individuals as well as to resolve a Dispute as a representative of another individual or group of individuals.

21.4.     The lawsuit hearing and all proceedings in connection therewith including all other operating rules, policies, and procedures that may be issued by Company and published

     from time to time on the Website and any questions its existence, validity or termination shall take place in binding lawsuit in the Republic of Korea.

     The governing law of these Terms (including all other operating rules, policies, and procedures that may be issued by Company and published from time to time

     on the Website) shall be the substantive law of the Republic of Korea, without regard to conflict of law rules or principles (whether of the Republic of Korea or any other jurisdiction)

     that would cause the application of the laws of any other jurisdiction.

21.5.     If any term, clause or provision of this Section 21 is held invalid or unenforceable, it will be so held to the minimum extent required by law,

     and all other terms, clauses and provisions of this Section 21 will remain valid and enforceable.

 

 

The Tokens have not been and will not be registered under the United States Securities Act of 1933(the “Securities Act”) and the Securities Exchange Act of 1934(“Exchange Act”), and may not be offered or sold in the United States or to or for the benet of US persons (as dened in Regulation S under the Securities Act) unless they are so registered, or an exemption from the registration requirements of the Securities Act is available. One such exemption allows the resale of Tokens purchased for their own account and for investment purposes only by investors who (i) are not otherwise affiliated with the Company, (ii) have been exposed for some time to the economic risks that ownership of Tokens entails, and (iii) are not part of the distribution of the Tokens.

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