The CRYPTONITY (XNY) Token buyer understands and agrees that SAS DIGITAL TRADING is not intended to substitute the buyer for the knowledge he or she requires for his or her purchases in the crypto-asset market.
Thus, the buyer of CRYPTONITY tokens commits himself and recognizes to understand the field of crypto-assets, systems developed by SAS DIGITAL TRADING as well as the mechanism of Blockchain and crypto-currencies. It understands the risks associated with the ICO as well as the mechanism related to the use of crypto-assets and, more specifically, CRYPTONITY tokens (including storage).
DIGITAL TRADING WILL NOT BE LIABLE FOR LOSS OF CRYPTONITY TOKEN, PIRACY, AND / OR SITUATIONS INVOLVING THE IMPOSSIBILITY FOR THE PURCHASER TO ACCESS CRYPTONITY TOKENS THAT MAY RESULT FROM ANY ACTIONS OR OMISSIONS OF THE CRYPTONITY PICKER BUYER AND THE USER OF THE SERVICES OFFERED BY DIGITAL TRADING. WHITEPAPER DOES NOT IN ANY CASE CONSTITUTE A PROSPECTUS OR A BID DOCUMENT. IT IS NOT INTENDED TO CONSTITUTE AN OFFER TO SELL OR AN INVITATION TO AN OFFER TO BUY AND / OR SUBSCRIBE. THIS WHITEPAPER IS NOT INTENDED TO CONSTITUTE A SOLICITATION TO INVEST IN TITLES OR ANY OTHER FORM OF INVESTMENT PRODUCTS. WHITEPAPER, IN WHOLE OR IN PART, AND THE COPY OF IT, SHOULD NOT BE TAKEN OR TRANSMITTED TO ANY COUNTRY WHERE THE DISTRIBUTION AND DISSEMINATION OF WHITEPAPERS IS PROHIBITED OR RESTRICTED.
The XNY token will be required for transactions in the Cryptonity platform as outlined in the Cryptonity white paper. The rights connected to the XNY token are as outlined in the white paper, but should not contravene the Terms and Conditions stipulated in this document. The rights will also not create extra obligations to the Company outside of what is stipulated in the Terms and Conditions. The company retains the sole right to control the purchase or sale of underlying assets. The Company has the right to make changes to the underlying asset in such a case where the company could be adversely affected or when it makes sense from a legal or regulatory perspective.
|Soft & Hard Cap||Soft Cap 500.000 $||Hard Cap 20.120.000 $|
|Public Sale Phase 1||10 MM tokens + 50 % bonus = 15 MM tokens Token Price: 0.23 $ Total sale Phase 1: 2.300.000 $|
|Public Sale Phase 2||20 MM tokens + 30 % bonus = 26 MM tokens Token Price: 0.34 $ Total sale Phase 2: 6.800.000 $||Public Sale Phase 3||19 MM tokens + 0 % bonus = 19 MM tokens Token Price: 0.58 $ Total sale Phase 3: 11.020.000 $|
|Airdrop & Bounty||10.000.000 Tokens|
|Total Token Supply (100%)||100.000.000 Tokens|
|Public Sale Phase 1||1/11/2018 to 30/11/2018 (50% Bonus)|
|Public Sale Phase 2||1/12/2018 to 15/12/2018 (30% Bonus)|
|Public Sale Phase 3||15/12/2018 to 31/12/2018|
Development and support (60%)
Marketing and Promotional (20%)
Emergency reserve insurance. (10%)
Team Advisors and Partners (10%)
The CRYPTONITY token will not be legally considered as a security as it does not give any dividend, interest, profit sharing or other remuneration. Also, CRYPTONITY tokens will not be considered shares because they do not give access to ordinary or extraordinary general meetings of SAS DIGITAL TRADING. Sale of CRYPTONITY Tokens is final and non-refundable if the Soft Cap is achieved. The CRYPTONITY Token Buyer understands that CRYPTONITY Tokens issued by DIGITAL TRADING operate in a decentralized and unregulated market. The information delivered by DIGITAL TRADING, ICO and CRYPTONITY tokens, and the purchaser of such tokens understands that no specific European regulatory framework regulates this activity. As a result, the buyer is aware that, when buying CRYPTONITY tokens, he does not benefit from legal and / or regulatory protection. Anyone purchasing CRYPTONITY Tokens understands, accepts and acknowledges that he / she has carefully reviewed this whitepaper and fully understands the risks, costs and benefits associated with the purchase of CRYPTONITY Tokens as well as the services offered by DIGITAL TRADING.
The buyer acknowledges and understands that crypto-asset markets are decentralized and unregulated markets. The CRYPTONITY tokens issued and the services offered by DIGITAL TRADING therefore relate to unregulated markets that are not governed by any specific European framework. In other words, and in contrast to "traditional" financial assets, the Central Bank cannot take corrective measures that could protect the value of crypto-assets in a crisis or issue more assets on the markets. Crypto-asset markets are determined by supply and demand. These markets are dynamic markets and the corresponding prices are often extremely unpredictable and volatile. Crypto-asset prices are generally not transparent, highly speculative and likely to be manipulated by the market. In the worst case, the asset may be reduced to zero. Also, the buyer of CRYPTONITY tokens and the user of the services offered by DIGITAL TRADING acknowledges that crypto-assets, because of their lack of regulation, are likely to be misused for illegal activities because of the anonymity of the transactions. Law enforcement agencies and financial market regulators are therefore likely to investigate alleged illegal activities which could be detrimental to the buyer and / or the user. As a result, crypto-assets must be considered as an extremely high risk asset and the buyer will always have to buy with the awareness and understanding that he may lose these funds. The purchase of crypto-assets is not suitable for everyone. The buyer therefore understands that he must not buy CRYPTONITY tokens unless he has the necessary knowledge and expertise, to understand the characteristics of the token, the ICO, the whitepaper and his exposure to risk. The buyer of the CRYPTONITY tokens and the user of the services offered by DIGITAL TRADING understands and accepts that DIGITAL TRADING and this whitepaper are not intended to substitute the buyer and the user for the knowledge that they must have. for the purchase of CRYPTONITY tokens. Indeed, the buyer recognizes that the risk of loss in the purchase of crypto-assets can be considerable. It must therefore carefully consider whether the purchase on this type of market is appropriate in view of its situation and its financial resources. The buyer understands that a total loss of chips is possible.
Blockchain is an independent public peer-to-peer network emancipated from any European legislation or regulation. Buyer understands that errors, faults and / or violations may occur in the Blockchain and may result in the loss of purchased CRYPTONITY Tokens. Also, the purchaser understands that he is bound and subject to any change and / or modification in the Blockchain system and is subject to any applicable law that may apply to the Blockchain. If DIGITAL TRADING can provide information regarding legislative and regulatory changes that may occur, DIGITAL TRADING is not intended to inform on the subject and gives no warranty, express or implied, statutory or otherwise, concerning the features, legislation in force and / or security in the Blockchain.
The acquisition and storage of CRYPTONITY tokens involves various risks. Among these, DIGITAL TRADING, may not be able to launch its operations or projects including the development of its platform or the services promised in this Whitepaper. As a result, and prior to acquiring CRYPTONITY Tokens, any user acknowledges that they have fully considered the risks, costs and benefits of acquiring CRYPTONITY Tokens, the ICO Context and, if necessary, obtaining the advice of a professional specialist on this subject. Any interested person not being able to accept or understand the risks associated with the activity (including the risks related to the non-development of the platform by DIGITAL TRADING) or any other risk as indicated in Article 2.1 above).
This Whitepaper should not be considered as an invitation to invest. It does not constitute or relate in any way to an offering of securities. This whitepaper does not include or provide any information or indication that could be considered by the buyer as a recommendation or incentive to invest. CRYPTONITY tokens are just utility chips and therefore can only be used on the platform (s) developed by DIGITAL TRADING and are not intended for investment. In addition, DIGITAL TRADING should not be considered as a legal, tax or financial advisor. All information provided in this whitepaper is for general information only and DIGITAL TRADING makes no warranty as to the accuracy and completeness of this information. The acquisition of CRYPTONITY Tokens does not confer any rights on the activities of DIGITAL TRADING. CRYPTONITY Token Buyer understands and accepts that national regulators can scrutinize companies and operations associated with crypto-assets around the world. As a result, regulatory measures, investigations and actions may affect the business of DIGITAL TRADING and even limit or prevent its development. The buyer understands the economic model of DIGITAL TRADING and that, in the future, the whitepaper and the economic terms may change due to new regulatory requirements. In this case, the CRYPTONITY Token Buyer acknowledges and understands that DIGITAL TRADING cannot be held responsible for any loss or damage, direct or indirect, as a result of such changes. These factors of change include, among others:
DIGITAL TRADING will do its utmost to launch its operations and develop its platform. The CRYPTONITY Token Buyer understands that SAS DIGITAL TRADING does not provide any warranty on the purposes it wishes to achieve. Consequently, SAS DIGITAL TRADING, its organs and its employees are not responsible for any loss or damage resulting from the inability to use the CRYPTONITY tokens, except in case of willful misconduct or negligence on the part of DIGITAL TRADING. Thus, the buyer understands and agrees that nothing in this whitepaper is or can be considered a promise or commitment to the performance or future policies of DIGITAL TRADING.
By participating in the ICO, the buyer understands and accepts the foregoing and in particular, he guarantees:
IN CASE OF DOUBT REGARDING THE PURCHASE OF CRYPTONITY TOKENS, YOU MUST CONSULT A LEGAL, FINANCIAL, TAX ADVICE OR ANY OTHER COMPETENT PROFESSIONAL.
Should any part of this document lose validity or become unenforceable, it will be severed from this document to the extent that it does not affect the remaining part of the document. Consequently, the remaining parts of this document will remain as is and will continue to be enforced.
The right to make amendments on this document during the sale of the token rests solely on the company. The company may from time to time post updates on the website when such amendments are made. By buying the XNY token, it will be assumed that the buyer agrees to all the Terms and Conditions. However, once the purchase has been made, this agreement cannot be altered without the mutual consent of the buyer and the company.
The Company reserves the right to conduct a thorough Know Your Customer (KYC) on any user before, during and after the ICO. The company is also mandated to conduct due diligence on any user in case of suspicious activity. In case a user is found to be involved in any money laundering, counter terrorism financing or any other such activity, the Company will be at liberty to terminate the user’s account and withdraw all the Cryptonity services being enjoyed by this user. This is together with other actions that may be taken by the Company against the user. The company is subject to international economic sanction requirements. You will not be able to participate in the XNY token sale in case you are on the sanction list or intend to use the XNY token in association with anyone listed on the sanctions list.
The company has all intentions to fully cooperate with all law enforcement subpoenas or demands to produce your personal information, as long as they can prove authenticity and are relevant to the jurisdiction.
The buyer agrees to fully indemnify the Company from claims, losses, damages and fees occasioned by the purchase and use of the XNY token, unless otherwise specified by law. The company shall also exercise the right to indemnify itself under any such circumstances. This indemnity is in addition to any other indemnities laid out in the written agreement between the company and the buyer of the XNY token.
You are fully responsible for the storage and security of your wallets, cryptographic keys or any other gateway through which your XNY tokens may be accessed. When a breach occurs, you shall be fully responsible for any losses or damages and the company will not be liable for any losses resulting from this.
The website is currently available in English, French and Chinese. Official communication will be available in English and in case of any translation differences, the English translation will override.
By purchasing the XNY token you will be exposed to certain risks outlined below, and some others not mentioned here. By making this purchase you will be consenting to undertaking the following risks if and when they occur:
For further information please contact us at [email protected] We welcome questions, comments and suggestions from our esteemed customers.