Introduction

These terms and conditions ("Terms") govern your participation in the Initial Coin Offering ("ICO") of Octoblock tokens ("OCTO"). By participating in the ICO, you agree to be bound by these Terms, which constitute a legally binding agreement between you and Octoblock

1. Eligibility

By participating in the ICO, you represent and warrant that you are of legal age and have the legal capacity to enter into a contract under the laws applicable to you.

2. Token Sale

The Issuer will offer and sell Tokens to participants in the ICO in accordance with the terms specified in the ICO whitepaper and associated documents.

3. Purchase Agreement

By participating in the ICO, you agree to purchase Tokens from the Issuer in exchange for the consideration specified in the ICO whitepaper and associated documents.

4. Rights and Responsibilities

The Issuer reserves the right to alter the terms of the ICO, including but not limited to the sale period, pricing, and allocation of Tokens. The Issuer also reserves the right to refuse or cancel Token purchases at its sole discretion.

5. Distribution of Tokens

The Issuer will distribute the Tokens to participants after the conclusion of the ICO in accordance with the terms specified in the ICO whitepaper and associated documents.

6. Disclaimers

The Tokens are not securities and are not registered with any securities regulatory authority. By participating in the ICO, you expressly acknowledge and agree that the Tokens are not intended to constitute securities in any jurisdiction.

7. Limitation of Liability

To the fullest extent permitted by law, the Issuer disclaims all liability for any direct, indirect, incidental, special, consequential, or exemplary damages, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses resulting from the purchase or use of the Tokens.

8. Indemnification

By participating in the ICO, you agree to indemnify and hold the Issuer, its affiliates, and their respective officers, directors, employees, and agents harmless from and against any and all claims, liabilities, damages, losses, and expenses arising out of or in connection with your participation in the ICO or use of the Tokens.

9. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of Monaco.

10. Miscellaneous

These Terms constitute the entire agreement between you and the Issuer regarding your participation in the ICO and supersede all prior or contemporaneous understandings and agreements, whether written or oral.

Additional Statements

In addition to the existing terms and conditions, the following statements are hereby incorporated:

1. Intended Use of Tokens

The Tokens are intended solely for the purpose of passing governance votes and are not to be used for price speculation. Participants in the ICO expressly acknowledge and agree that the Tokens are designed for governance purposes within the ecosystem and are not intended for speculative investment.

2. Dividends and Value Guarantee

The Issuer does not promise any dividends or guarantee an increase in the value of the Tokens. Participants acknowledge that the Issuer relies on third-party decentralized finance platforms to generate yield farming returns for token holders, and the value of the Tokens may fluctuate based on various market factors.

3. Common Enterprise Disclaimer

The Issuer is not part of a common enterprise, as the project itself is managed and developed by contributors. Participants understand and agree that the success of the project and the value of the Tokens are subject to various external factors, including market demand, adoption, and the execution of the project's suggested development roadmap laid out or set forward by project contributors.

By participating in the ICO, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you should not participate in the ICO.