Is it legal to invest in this ITO?
Yes, it is legal provided that you belong to an authorized country. Please be aware however that is an unregulated fundraising operation. It poses several risks to buyers, in particular, that of losing all amounts traded for TERM tokens.
Participating in an ITO is a high-risk activity. This ITO in particular is only aimed at experienced professionals who are used to blockchain technology and cryptocurrency trading. By participating in this ITO, the purchaser is aware and accepts the risks related to security, the potential lack of technical and economic results and the total or partial loss of its capital.
Finally, the purchaser declares being aware of the legal uncertainty of this type of transaction and to have conducted his own legal guidance according to the applicable law to which he subscribes. A table is available in the appendix containing the warnings from the main regulators around the world.
Are there some risks to invest in an ITO?
Yes, every investment is having associated risks. By purchasing TERM tokens, you expressly acknowledge and assume these risks. You acknowledge that TERM token is not a security, will not give dividends, and will not give the same privileges as shares in the company.
Only people who are fully aware of these risks should participate in the ITO. Note also that the ITO excludes certain groups of people such as:
— “U.S. person” (within the meaning of “Regulation S” of the Securities Act 1933 under U.S. law);
— Private individuals acting on a non-professional basis as a simple consumer (within the meaning of EU Directive 2011/83/ EU of the European parliament and of the Council of 25th October 2011 on consumer rights);
— Individuals residing in the following countries: North Korea, Iran, Iraq, Lybia, Syria, South Sudan, Cuba, Pakistan;
— Individuals residing in People's Republic of China;
I have other questions regarding the legal aspects of this ITO, where can I get the answers?
Please refer to the Terms & Conditions for complete legal details of this ITO. When you invest in this ITO you are acknowledging that you agree with the Terms & Conditions.