Let’s Forkin Launch
Terms of Use for Community Sale
*Updated: February 2025*
Please read these Terms of Use (the “Terms”), our Privacy Policy (available at https://www.tanssi.foundation/privacy-policy) (“Privacy Policy”), and our Tanssi Network Terms of Use (available at https://www.tanssi.foundation/terms-of-use) carefully, as they govern your access to and use of the products and services on our website https://www.tanssi.foundation/lfl-community-sale (the “Site”).
For the purposes of these Terms, the term “Services” encompasses all services, websites, and applications provided by Tanssi Foundation, a BVI Foundation (“Tanssi Foundation”), as further detailed below. This includes the community sale of $TANSSI, the native token of Tanssi (“Tokens”), and all related tools and resources accessible via the Site (the “Community Sale”), offered by Tanssi Foundation.
To simplify references, the Site and the Community Sale are collectively referred to as the “Sale.” By participating in this Sale, you acknowledge and agree to comply with these Terms. By purchasing or otherwise acquiring the Tokens, you (the “Buyer” or “Token Recipient”) confirm that you have read, understood, and agree to be bound by these Terms in their entirety. If you do not agree to these Terms, you must not participate in the Community Sale.
NOTICE ON PROHIBITED USE – RESTRICTED PERSONS: THE COMMUNITY SALE MAY NOT AVAILABLE IN ALL JURISDICTIONS, AND ARE NOT OFFERED TO AND MAY NOT BE USED BY PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN ANY RESTRICTED TERRITORY, AS DEFINED BELOW (EACH SUCH PERSON OR ENTITY FROM A RESTRICTED TERRITORY, A “RESTRICTED PERSON”).
WE DO NOT MAKE EXCEPTIONS. THEREFORE, IF YOU ARE A RESTRICTED PERSON, DO NOT ATTEMPT TO USE THE SERVICES. USE OF A VIRTUAL PRIVATE NETWORK (“VPN”) OR ANY OTHER SIMILAR MEANS INTENDED TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED.
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Agreement to Terms. By using our Services, you agree to be bound by these Terms. If you do not agree to be bound by these Terms, you are not authorized to use the Services. If you are accessing and using the Services on behalf of a company (such as your employer) or other legal entity, you represent and warrant that you have the authority to bind that entity to these Terms. In that case, “you” and “your” will refer to that entity. IF YOU DON’T AGREE TO BE BOUND BY THESE TERMS, YOU ARE PROHIBITED FROM USING THE SERVICES. By using the Services, you represent that you have all necessary rights and consents to provide any information related to any third party that you provide to us. In addition, you acknowledge and agree that even though you may provide us with representations, warranties, or other information about you in order to access or use a Service, you may be required to provide the same representations, warranties, or other information in order to be able to use other Services and are responsible for compliance with any such requirements.
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Privacy Policy. Please review our Privacy Policy, which also governs your use of the Services, for information on how we collect, use and share your information.
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Changes to these Terms or the Services. We may update the Terms from time to time in our sole discretion. If we do, we will let you know by posting the updated Terms on the Site and/or may also send other communications. It is important that you review the Terms whenever we update them or you use the Services. If you continue to use the Services after we have posted updated Terms, it means that you accept and agree to the changes. If you do not agree to be bound by the changes, you may not use the Services anymore. Because our Services are evolving over time, we may change or discontinue all or any part of the Services, at any time, and without notice, at our sole discretion.
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Who May Use the Services?
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(a) Eligibility. You may use the Services only if you are at least 18 years old, capable of forming a binding contract with the Tanssi Foundation, and not otherwise barred from using the Services under applicable law. It is your responsibility to ensure compliance with local legal and regulatory requirements prior to participating in the Community Sale. You represent and warrant that you are fully authorized to purchase tokens and, if applicable, that you qualify as a “qualified investor” under the laws of your local jurisdiction. You further represent that your interest in the Tanssi project is based on your own initiative as a “reverse solicitation”, and not as a result of any solicitation by the Tanssi Foundation. You are solely responsible for ensuring that your participation in the Community Sale complies with all applicable laws, regulations, and requirements in your jurisdiction. You represent and warrant that you fully understand the nature of the Tokens, blockchain technology, and the applicable legal and regulatory framework governing the Community Sale.
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(b) Compliance. By registering for and participating in the CommunitySale, you agree to provide accurate and complete information regarding your identity, residence, and the source of funds. Such information will be handled in accordance with the Tanssi’s Privacy Policy, which is hereby incorporated by reference. The Services are only available to users in certain jurisdictions who can use the Services as permitted under applicable law. You certify that you will comply with all applicable laws (e.g., local, state, federal and other laws) when using the Services. You are solely responsible for ensuring that your access and use of the Services in the country, territory, or jurisdiction where you reside does not violate any applicable laws. You must not use any software or networking techniques, including use of a Virtual Private Network (VPN) to modify your internet protocol address or otherwise circumvent or attempt to circumvent this prohibition. We reserve the right, but have no obligation, to monitor the locations from which our Services are accessed. Furthermore, we reserve the right, at any time, in our sole discretion, to block access to the Services, in whole or in part, from any geographic location, IP addresses, and unique device identifiers, or to any user who we believe is in breach of these Terms. In order to protect the integrity of the Services, we reserve the right, at any time, in our sole discretion, to block access to the Services from certain IP addresses and unique device identifiers. For the purposes of the Terms, “Restricted Territory” refers to any country that, as directed by Tanssi Foundation, has restricted the sale, issuances, or utilization of digital currency in such country, and, shall include without limitation the United States of America and its territories, Canada, North Korea, Cuba, Syria, Iran, Russia, people from the following regions of Ukraine: Crimea, Donetsk and Luhansk or any other country to which the United States embargoes goods or imposes similar sanctions. Tanssi Foundation reserves the right to include or exclude digital wallets from an approved list for purposes including, but not limited to, regulatory compliance and the protection of the Tokens ecosystem’s integrity.
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About the Services.
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(a) You may participate in the Services by linking your digital wallet(s) on supported bridge extensions, which allows you to purchase, store, and engage in transactions using supported digital assets. Before purchasing a unique digital asset, we will ask you to download a supported electronic wallet extension and connect and unlock your digital wallets with that extension. Once you submit an order to purchase a unique digital asset, your order is passed on to the applicable extension, which completes the transaction on your behalf. The Tokens are designed as utility tokens to provide access to a technological infrastructure within the Tanssi ecosystem. You acknowledge that the Tokens are intended for use solely within the Tanssi ecosystem and that any further functionality is subject to the ongoing development of the ecosystem. You confirm that you are acquiring the Tokens for your own account and not on behalf of any third party. You acknowledge that Tokens may be subject to a vesting schedule which includes a cliff period and a vesting period according to the information provided. Participation in the Community Sale requires registration on the designated platform, account verification, fund deposit, and subsequent purchase of Tokens via a third-party platform. Your purchase of Tokens is final and may not be canceled, except as provided herein or as required by applicable law. The Tanssi Foundation reserves the right to reject any Token purchase, in whole or in part, without providing any reason for such rejection.
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(b) THE TANSSI FOUNDATION IS NOT A BROKER, FINANCIAL INSTITUTION, OR CREDITOR. THE TANSSI FOUNDATION PROVIDES AN ADMINISTRATIVE PLATFORM ONLY. YOUR ACQUISITION OF TOKENS DOES NOT GRANT YOU ANY VOTING RIGHTS, DIVIDEND RIGHTS, OR ANY EQUITY INTEREST IN TANSSI FOUNDATION. THE TOKENS ARE PURELY FOR UTILITY PURPOSES WITHIN THE TANSSI ECOSYSTEM. SPECIFIC CLAIM PERIODS AND PURCHASE LIMITS MAY BE IMPOSED DURING THE INITIAL DISTRIBUTION PHASES AS DETERMINED BY TANSSI. THE TANSSI FOUNDATION FACILITATES TRANSACTIONS BETWEEN A BUYER AND SELLER BUT IS NOT A PARTY TO ANY AGREEMENT BETWEEN THE BUYER AND SELLER OF DIGITAL ASSETS.
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(c) YOU ACKNOWLEDGE AND AGREE THAT OUR SERVICES ALLOW USERS, INCLUDING THIRD-PARTY USERS, TO BUILD DECENTRALIZED APPLICATIONS OR POST OTHER CONTENT AND THAT YOU MAY INTERACT WITH SUCH THIRD PARTY DECENTRALIZED APPLICATIONS OR CONTENT VIA THE SERVICES, WHICH THE TANSSI FOUNDATION DOES NOT ENDORSE, PROVIDE, OR PROMOTE. YOU BEAR FULL RESPONSIBILITY FOR VERIFYING THE LEGITIMACY AND AUTHENTICITY OF ASSETS YOU PURCHASE OR INTERACT WITH THROUGH THE PLATFORM. NOTWITHSTANDING INDICATORS AND MESSAGES THAT SUGGEST VERIFICATION, THE TANSSI FOUNDATION MAKES NO CLAIMS ABOUT THE LEGITIMACY OR AUTHENTICITY OF ASSETS ON THE SITE AND/OR APPCHAIN SOLUTION.
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(d) Transactions Are Conducted on the Blockchain. The Tanssi Foundation does not buy, sell, or take custody or possession of any digital assets, nor does it act as an agent or custodian for any user of the Services. If you elect to buy any digital asset, any transactions that you engage in will be conducted solely through the blockchain network governing the digital asset. You will be required to make or receive payments exclusively through the digital wallet that you have connected to the Services. We will have no insight into or control over these payments, nor do we have the ability to reverse any payments or transactions. Accordingly, we will have no liability to you or to any third party for any claims or damages that may arise as a result of any transactions that you engage in via the Services.
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(e) Fees. You agree to pay any applicable fees, including Gas Fees and hosting fees as applicable, in connection with transactions on the Site. “Gas Fees” mean the fees that fund the network of computers that run the decentralized blockchain network, meaning that you will need to pay a Gas Fee for each transaction that occurs via the blockchain network.
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(f) Taxes. You are solely responsible for all costs incurred by you in using the Services, and for determining, collecting, reporting, and paying all applicable Taxes that you may be required by law to collect and remit to any governmental or regulatory agencies. As used herein, “Taxes” means the taxes, duties, levies, tariffs, and other charges imposed by any federal, state, multinational or local governmental or regulatory authority. You are solely responsible for maintaining all relevant Tax records and complying with any reporting requirements you may have as related to our Services. You are further solely responsible for independently maintaining the accuracy of any record submitted to any tax authority including any information derived from the Services. We reserve the right to report any activity occurring using the Services to relevant tax authorities as required under applicable law.
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(g) Suspension or Termination. We may suspend or terminate your access to the Services at any time in connection with any transaction as required by applicable law, any governmental authority, or if we, in our sole and reasonable discretion, determine you are violating these Terms or the terms of any third-party service provider. Such suspension or termination shall not constitute a breach of these Terms by the Tanssi Foundation. In accordance with its anti-money laundering, anti-terrorism, anti-fraud, and other compliance policies and practices, the Tanssi Foundation may impose reasonable limitations and controls on the ability of you or any beneficiary to utilize the Services. Such limitations may include, where good cause exists, rejecting transaction requests, freezing funds, or otherwise restricting you from using the Services. No tokens shall be offered, distributed, sold, or held by any Restricted Persons. If someone is a Restricted Person and attempts to purchase tokens from the Tanssi Foundation, Tanssi Foundation shall not be liable in any way whatsoever to purchaser and reserves the right to take all necessary actions to avoid any liability as a result of purchaser's attempted purchase, including terminating the agreement, if any.
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Feedback. We appreciate feedback, comments, ideas, proposals and suggestions for improvements to the Services (“Feedback”). If you choose to submit Feedback, you agree that we are free to use it without any restriction or compensation to you.
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Your Content.
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(a) Posting Content. Our Services may allow you to store or share content such as text (in posts or communications with others), files, documents, graphics, images, music, software, audio and video. Anything (other than Feedback) that you post or otherwise make available through the Services is referred to as “User Content”. The Tanssi Foundation does not claim any ownership rights in any User Content and nothing in these Terms will be deemed to restrict any rights that you may have to your User Content.
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(b) Permissions to Your User Content. By making any User Content available through the Services you hereby grant to the Tanssi Foundation a non-exclusive, transferable, worldwide, royalty-free license, with the right to sublicense, to use, copy, modify, create derivative works based upon, distribute, publicly display, and publicly perform your User Content in connection with operating and providing the Services.
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(c) Your Responsibility for User Content. You are solely responsible for all your User Content. You represent and warrant that you have (and will have) all rights that are necessary to grant us the license rights in your User Content under these Terms. You represent and warrant that neither your User Content, nor your use and provision of your User Content to be made available through the Services, nor any use of your User Content by the Tanssi Foundation on or through the Services will infringe, misappropriate or violate a third party’s intellectual property rights, or rights of publicity or privacy, or result in the violation of any applicable law or regulation.
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(d) Removal of User Content. You can remove your User Content by specifically deleting it. You should know that in certain instances, some of your User Content (such as posts or comments you make) may not be completely removed and copies of your User Content may continue to exist on the Services. To the maximum extent permitted by law, we are not responsible or liable for the removal or deletion of (or the failure to remove or delete) any of your User Content.
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(e) The Tanssi Foundation’s Intellectual Property. We may make available through the Services content that is subject to intellectual property rights. We or our licensors, or the third parties who otherwise own the intellectual property rights, retain all rights to that content. All intellectual property rights, including inventions, ideas, concepts, and software related to the Tanssi project, remain the exclusive property of Tanssi Foundation or its licensors. Purchasing Tokens does not grant you any rights, title, or interest in or to Tanssi’s intellectual property.
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General Prohibitions and the Tanssi Foundation’s Enforcement Rights. You agree not to do any of the following:
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(a) Post, upload, publish, submit or transmit any User Content that: (i) infringes, misappropriates or violates a third party’s patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii) violates, or encourages any conduct that would violate, any applicable law or regulation or would give rise to civil liability; (iii) is fraudulent, false, misleading or deceptive; (iv) is defamatory, obscene, pornographic, vulgar or offensive; (v) promotes discrimination, bigotry, racism, hatred, harassment or harm against any individual or group; (vi) is violent or threatening or promotes violence or actions that are threatening to any person or entity; or (vii) promotes illegal or harmful activities or substances;
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(b) Use, display, mirror or frame the Services or any individual element within the Services, the Tanssi Foundation’s name, any trademark, logo, or other proprietary information of the Tanssi Foundation, or the layout and design of any page or form contained on a page, without the Tanssi Foundation’s express written consent;
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(c) Access, tamper with, or use non-public areas of the Services, the Tanssi Foundation’s computer systems, or the technical delivery systems of the Tanssi Foundation’s providers;
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(d) Attempt to probe, scan, or test the vulnerability of any the Tanssi Foundation system or network or breach any security or authentication measures;
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(e) Avoid, bypass, remove, deactivate, impair, descramble, or otherwise circumvent any technological measure implemented by the Tanssi Foundation or any of the Tanssi Foundation’s providers or any other third party (including another user) to protect the Services;
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(f) Attempt to access or search the Services or download content from the Services using any engine, software, tool, agent, device, or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by the Tanssi Foundation or other generally available third-party web browsers;
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(g) Send any unsolicited or unauthorized advertising, promotional materials, email, junk mail, spam, chain letters or other form of solicitation;
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(h) Use the Services, or any portion thereof, for any commercial purpose or for the benefit of any third party or in any manner not permitted by these Terms;
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(i) Forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Services to send altered, deceptive, or false source-identifying information;
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(j) Attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Services;
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(k) Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Services;
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(l) Collect or store any personally identifiable information from the Services from other users of the Services without their express permission;
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(m) Impersonate or misrepresent your affiliation with any person or entity;
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(n) Engage or assist in any activity that violates any law, statute, ordinance, regulation, or sanctions program, including but not limited to the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or that involves proceeds of any unlawful activity (including but not limited to money laundering, terrorist financing, or deliberately engaging in activities designed to adversely affect the performance of the Services);
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(o) Engage in wash trading or other deceptive or manipulative trading activities;
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(p) Use the Services to participate in fundraising for a business, protocol, or platform, including but not limited to creating, listing, or buying assets that are redeemable for financial instruments, assets that give owners the rights to participate in an ICO or any securities offering, or assets that entitle owners to financial rewards, including but not limited to, DeFi (or decentralized finance) yield bonuses, staking bonuses, and burn discounts;
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(q) Fabricate in any way any transaction or process related thereto;
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(r) Disguise or interfere in any way with the IP address of the computer you are using to access or use the Services, or that otherwise prevents us from correctly identifying the IP address and geographic location of the computer you are using to access the Services;
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(s) Transmit, exchange, or otherwise support the direct or indirect proceeds of criminal or fraudulent activity;
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(t) Violate any applicable law or regulation; or
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(u) Encourage or enable any other individual to do any of the foregoing.
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The Tanssi Foundation is not obligated to monitor access to or use of the Services or to review or edit any Services content. However, we have the right to do so for the purpose of operating the Services, to ensure compliance with these Terms and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any content, including User Content, at any time and without notice, including, but not limited to, if we, at our sole discretion, consider it objectionable or in violation of these Terms. We have the right to investigate violations of these Terms or conduct that affects the Services. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law.
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Links to Third Party Websites or Resources. The Services may allow you to access third-party websites or other resources, including without limitation dApps created through or deployed on the Services. We provide access only as a convenience and are not responsible for the content, products, or services on or available from those resources or links displayed on such websites. You acknowledge that you have sole responsibility for, and assume all risk arising from, your use of any third-party resources.
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Termination. We may suspend or terminate your access to and use of the Services at our sole discretion, at any time and without notice to you. You acknowledge and agree that we shall have no liability or obligation to you in such an event and that you will not be entitled to a refund of any amounts that you have already paid to us or any third party, to the fullest extent permitted by applicable law. Upon any termination, discontinuation or cancellation of the Services, the following Sections will survive: 5(f), 6, 7(b), 7(c), 7(e), 8, 10, 11, 12, 13, 14, 15, 16, and 17.
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Warranty Disclaimers. THE SERVICES, ANY CONTENT CONTAINED THEREIN, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. ALSO, THE TOKENS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY—EXPRESS OR IMPLIED—REGARDING THEIR FUNCTIONALITY, QUALITY, OR UNINTERRUPTED OPERATION. NO GUARANTEE IS MADE REGARDING THE PERFORMANCE OF THE TOKENS OR THE UNDERLYING TECHNOLOGICAL INFRASTRUCTURE. THE PROJECT MAY BE DISCONTINUED OR ALTERED WITHOUT PRIOR NOTICE. NEITHER TANSSI FOUNDATION NOR ITS AFFILIATES SHALL BE LIABLE FOR ANY LOSSES, DAMAGES, OR CLAIMS ARISING FROM THE USE, TRADING, OR OTHER ACTIVITIES INVOLVING THE TOKENS. THE TANSSI FOUNDATION (AND ITS SUPPLIERS) MAKE NO WARRANTY THAT THE SERVICES (INCLUDING ANY MATERIAL, INFORMATION, OR CONTENT THEREIN): (I) WILL MEET YOUR REQUIREMENTS; (II) WILL BE AVAILABLE ON AN UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE BASIS; (III) WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS: OR (IV) WILL BE ACCURATE, RELIABLE, COMPLETE, LEGAL, OR SAFE. THE TANSSI FOUNDATION DISCLAIMS ALL OTHER WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT, TITLE OR NON-INFRINGEMENT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AS TO THE SERVICES, ANY MATERIAL, INFORMATION, OR CONTENT CONTAINED THEREIN. WE FURTHER EXPRESSLY DISCLAIM ALL LIABILITY OR RESPONSIBILITY IN CONNECTION WITH THIRD PARTY SERVICES. NOTHING HEREIN NOR ANY USE OF OUR SERVICES IN CONNECTION WITH THIRD PARTY SERVICES CONSTITUTES OUR ENDORSEMENT, RECOMMENDATION, OR ANY OTHER AFFILIATION OF OR WITH ANY THIRD PARTY SERVICES.
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THE TANSSI FOUNDATION CANNOT GUARANTEE THE SECURITY OF ANY DATA THAT YOU DISCLOSE ONLINE. YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND WILL NOT HOLD US RESPONSIBLE FOR ANY BREACH OF SECURITY.
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THE SERVICES MAY NOT BE AVAILABLE DUE TO ANY NUMBER OF FACTORS INCLUDING, BUT NOT LIMITED TO, PERIODIC SYSTEM MAINTENANCE, SCHEDULED OR UNSCHEDULED, ACTS OF GOD, UNAUTHORIZED ACCESS, VIRUSES, DENIAL OF SERVICE OR OTHER ATTACKS, TECHNICAL FAILURE OF THE SERVICES AND/OR TELECOMMUNICATIONS INFRASTRUCTURE OR DISRUPTION, AND THEREFORE WE EXPRESSLY DISCLAIM ANY EXPRESS OR IMPLIED WARRANTY REGARDING THE USE AND/OR AVAILABILITY, ACCESSIBILITY, SECURITY, OR PERFORMANCE OF THE SERVICES CAUSED BY SUCH FACTORS. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES AGAINST THE POSSIBILITY OF DELETION, MISDELIVERY, OR FAILURE TO STORE COMMUNICATIONS, PERSONALIZED SETTINGS OR OTHER DATA.
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THE TANSSI FOUNDATION WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKES NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR ANY LOSSES, DAMAGES, OR CLAIMS ARISING FROM: (I) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED WALLET ADDRESSES; (II) SERVER FAILURE OR DATA LOSS; (III) BLOCKCHAIN NETWORKS, DIGITAL WALLETS, OR CORRUPT FILES; (IV) UNAUTHORIZED ACCESS TO SERVICES; OR (V) ANY THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES. ACCORDINGLY, SOME OF THE ABOVE DISCLAIMERS OF WARRANTIES MAY NOT APPLY TO YOU.
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Assumption of Risk. You accept, acknowledge, and assume the following risks:
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(a) You are solely responsible for determining what, if any, Taxes and Gas Fees apply to your transactions through the Services. Neither the Tanssi Foundation nor any of the Tanssi Foundation’s affiliates are responsible for determining the Taxes that apply to such transactions.
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(b) Our Services do not store, send, or receive digital assets. Any transfer of digital assets occurs within the supporting blockchain and not on the Services. Transactions in digital assets may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Some transactions in digital assets shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that you initiated the transaction.
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(c) The regulatory regime governing blockchain technologies, digital assets, and tokens is uncertain, and new regulations or policies may materially adversely affect the development of the Services.
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(d) There are risks associated with using Internet based digital assets, including but not limited to, the risk of hardware, software, and Internet connection and service issues, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within your digital wallet. You expressly assume all risks associated with the purchase, holding, and use of Tokens, including those arising from the inherent volatility of cryptoassets and tokens, potential technical issues, and the nature of tokens. The Tanssi Foundation will not be responsible for any communication failures, disruptions, errors, distortions, or delays you may experience when effecting transactions involving supported digital assets, however caused, including Gas Fees paid or payable in connection therewith. You acknowledge that the value of the Tokens may fluctuate and that you may incur partial or total loss of your investment. You understand that investments in cryptoassets and tokens are highly speculative and involve significant risks.
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(e) A lack of use or public interest in the creation and development of distributed ecosystems could negatively impact the development of those ecosystems and related applications and could therefore also negatively impact the potential utility or value of any digital assets.
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(f) The Services may rely on third-party platforms to perform transactions with respect to any digital assets. If we are unable to maintain a good relationship with such platform providers; if the terms and conditions or pricing of such platform providers change; if we violate or cannot comply with the terms and conditions of such platforms; or if any of such platforms loses market share or falls out of favor or is unavailable for a prolonged period of time, access to and use of the Services will suffer.
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(g) By accessing and using the Services, you represent that you understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of digital assets. Such systems may have vulnerabilities or other failures, or experience other abnormal behavior. The Tanssi Foundation is not responsible for any issues with the blockchains, including forks, technical node issues, or any other issues that may result in fund losses. You acknowledge that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase at any time. You further acknowledge the risk that your digital assets may lose some or all of their value while they are supplied to or from the Services. You further acknowledge that we are not responsible for any of these variables or risks and cannot be held liable for any resulting losses that you experience while accessing the Services. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using and interacting with the Services.
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Indemnity. You will indemnify, defend (at the Tanssi Foundation’s option), and hold The Tanssi Foundation and its affiliates and their respective officers, directors, employees, and agents, harmless from and against any claims, disputes, demands, liabilities, damages, losses, and costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (a) your access to or use of the Services, (b) your User Content, or (c) your violation of these Terms. You may not settle or otherwise compromise any claim subject to this Section without the Tanssi Foundation’s prior written approval. Regarding the Token, you agree to indemnify, defend, and hold harmless the Tanssi Foundation, its affiliates, and their respective officers, directors, employees, and agents from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to: (a) your use of the Tokens or the Services; (b) your breach of these Terms; and (c) any violation of the rights of any third party by you.
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Limitation of Liability.
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(a) TANSSI FOUNDATION SHALL NOT BE LIABLE FOR ANY DELAYS OR FAILURES IN PERFORMANCE DUE TO EVENTS BEYOND ITS CONTROL, INCLUDING BUT NOT LIMITED TO REGULATORY ACTIONS, NATURAL DISASTERS, OR GOVERNMENTAL INTERVENTIONS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER THE TANSSI FOUNDATION NOR ITS SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE, OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE TANSSI FOUNDATION OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.
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(b) TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL THE AGGREGATE TOTAL LIABILITY OF THE TANSSI FOUNDATION AND ITS AGENTS, REPRESENTATIVES, AND AFFILIATES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS, OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, EXCEED THE AMOUNTS YOU HAVE PAID OR ARE PAYABLE BY YOU TO THE TANSSI FOUNDATION FOR USE OF THE SERVICES OR ONE HUNDRED U.S. DOLLARS ($100), IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATIONS TO THE TANSSI FOUNDATION, AS APPLICABLE.
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(c) THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN THE TANSSI FOUNDATION AND YOU.
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Governing Law and Forum Choice. These Terms and any action related thereto will be governed by the arbitration laws of the British Virgin Islands and the laws of the British Virgin Islands, without regard to its conflict of laws provisions. Except as otherwise expressly set forth in Section 16 “Dispute Resolution,” the exclusive jurisdiction for all Disputes (defined below) that you and the Tanssi Foundation are not required to arbitrate will be the courts located in the British Virgin Islands, and you and the Tanssi Foundation each waive any objection to jurisdiction and venue in such courts.
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Dispute Resolution.
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(a) Mandatory Arbitration of Disputes. We each agree that any dispute, claim or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation or validity thereof or the use of the Services (collectively, “Disputes”) will be resolved solely by binding, individual arbitration and not in a class, representative or consolidated action or proceeding. You and the Tanssi Foundation agree that the Arbitration Act (as amended) of the British Virgin Islands governs the interpretation and enforcement of these Terms, and that you and the Tanssi Foundation are each waiving the right to a trial by jury or to participate in a class action. This arbitration provision shall survive termination of these Terms.
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(b) Exceptions. As a limited exception to Section 16(a) above, we each retain the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of our intellectual property rights.
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(c) Conducting Arbitration and Arbitration Rules. The arbitration will be conducted by the American Arbitration Association (the AAA) in accordance with its rules.
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(d) Any arbitration hearings will take place in the county (or parish) where you live, unless we both agree to a different location. The parties agree that the arbitrator shall have exclusive authority to decide all issues relating to the interpretation, applicability, enforceability and scope of this arbitration agreement.
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(e) Arbitration Costs. Payment of all filing, administration and arbitrator fees will be governed by the AAA, and we won’t seek to recover the administration and arbitrator fees we are responsible for paying, unless the arbitrator finds your dispute frivolous. If we prevail in arbitration we’ll pay all of our attorneys’ fees and costs and won’t seek to recover them from you. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses to the extent provided under applicable law.
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(f) Injunctive and Declaratory Relief. Except as provided in Section 16(b) above, the arbitrator shall determine all issues of liability on the merits of any claim asserted by either party and may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim. To the extent that you or we prevail on a claim and seek public injunctive relief (that is, injunctive relief that has the primary purpose and effect of prohibiting unlawful acts that threaten future injury to the public), the entitlement to and extent of such relief must be litigated in a civil court of competent jurisdiction and not in arbitration. The parties agree that litigation of any issues of public injunctive relief shall be stayed pending the outcome of the merits of any individual claims in arbitration.
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(g) Class Action Waiver. YOU AND THE TANSSI FOUNDATION AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, if the parties’ Dispute is resolved through arbitration, the arbitrator may not consolidate another person’s claims with your claims and may not otherwise preside over any form of a representative or class proceeding. If this specific provision is found to be unenforceable, then the entirety of this Dispute Resolution section shall be null and void.
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(h) Severability. With the exception of any of the provisions in Section 16(f) of these Terms (“Class Action Waiver”), if an arbitrator or court of competent jurisdiction decides that any part of these Terms is invalid or unenforceable, the other parts of these Terms will still apply.
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Representations.
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(a) Investment Experience. By accepting these Terms of Use, you confirm that you have provided accurate information regarding your investment experience, including but not limited to the number of years of experience, prior participation in crypto asset investments, and previous involvement in token sales. Furthermore, you acknowledge and agree that, based on the information provided, you possess professional experience in the financial sector sufficient to understand the risks associated with investing in crypto assets and tokens.
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(b) Investment Objectives. You acknowledge and agree that the token offered in the Sale is a utility token designed solely to provide access to a specific technological infrastructure and related services, and confirm that you understand this distinction and accept the nature of the token as such.
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(c) Knowledge and Understanding. You represent that have provided truthful and accurate responses regarding your understanding of blockchain technology, sources of investment information, and awareness of the technological infrastructure associated with the token. You further acknowledge that the token is not intended as a financial investment and that its primary utility lies in accessing the platform's services. Additionally, you affirm that you are investing on your own initiative and not due to a general public offering. You also acknowledge that the Sale is directed specifically at them as a qualified investor and does not constitute a broader distribution. By participating in this community sale, you declare that you meet the definition of a "qualified investor" as per the applicable legislation in their jurisdiction.
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(d) Risk Tolerance Assessment. You acknowledge and understand that investing in crypto assets and tokens implies a high level of risk tolerance. You confirm awareness of the potential risks associated with such investments, including but not limited to price volatility and lack of guaranteed financial returns. You also acknowledge that you have received and understood all necessary information about the token and its associated technological infrastructure. Additionally, you confirm that the purchase of this utility token does not constitute a financial investment and is not covered by investor compensation schemes or deposit guarantees in any jurisdiction.
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(e) Regulatory Awareness. You affirm that you are aware of the legal requirements applicable to crypto token sales in your jurisdiction. Furthermore, you agree to comply with all Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations during the sale process.
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General Terms.
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(a) Reservation of Rights. The Tanssi Foundation and its licensors exclusively own all right, title and interest in and to the Services, including all associated intellectual property rights. You acknowledge that the Services are protected by copyright, trademark, and other laws of the United States and foreign countries. You agree not to remove, alter, or obscure any copyright, trademark, service mark, or other proprietary rights notices incorporated in or accompanying the Services.
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(b) Entire Agreement. These Terms constitute the entire and exclusive understanding and agreement between the Tanssi Foundation and you regarding the Services, and these Terms supersede and replace all prior oral or written understandings or agreements between the Tanssi Foundation and you regarding the Services. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible, and the other provisions of these Terms will remain in full force and effect. Except where provided by applicable law in your jurisdiction, you may not assign or transfer these Terms, by operation of law or otherwise, without the Tanssi Foundation’s prior written consent. Any attempt by you to assign or transfer these Terms absent our consent or your statutory right, without such consent, will be null and void in its entirety. The Tanssi Foundation may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors, and permitted assigns.
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(c) Notices. Any notices or other communications provided by the Tanssi Foundation under these Terms will be given: (i) via email; or (ii) by posting to the Services. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted.
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(d) Waiver of Rights. The Tanssi Foundation’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of the Tanssi Foundation. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.
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Contact Information. If you have any questions about these Terms or the Services, please contact the Tanssi Foundation at community@tanssi.foundation.