For the sake of clarity, these terms include only male pronouns in their forms. This includes both sexes
The following terms and conditions ("Terms") govern the initial MOM token sale. The MOM token is a cryptographic token implemented in the Ethereum Blockchain. The MOM team develops the technology of the project with selected specialists. The management of the project is subject exclusively to the MOM team. The MOM token is used to "mine" with unused energy resources. The proceeds from the token sale will be used for project development and project financing. On our ICO website you will find a detailed breakdown of the investments made. The whitepaper provides more information about MOM, the vision, and all the important data about the project. MOM will release 356 million tokens for sale. MOM carries out 3 sales phases. You will receive 30% more tokens in the first sale phase and a total of 83,066,667 tokens will be released for sale. In the second sale phase, you get 15% more tokens and you get a total of 100,866,667 Token released. In the main sale phase, you will receive the regular token price of $ 0.02 per token and the remaining 172,066,667 tokens will be released. If only the softcap is reached, the other MOM tokens will be reserved for a possible future ICO.
Note: The buyer is responsible for having the legal approval to purchase MOM tokens under the law.
You represent that you are not a citizen, permanent resident, agent or representative of a legal entity, the purchase, possession, transfer, use or other transaction with any amount of MOM tokens or the access of the reference to the Site, its use or any other use is illegal or restricted under applicable law.
You declare that your funds are in no way from illegal or unethical sources, that you are not using proceeds from any criminal or illegal activity, and that you are not using MOM token transactions to facilitate criminal or illegal activity. You agree to indemnify and protect MOM, affiliates, officers, employees, agents, successors, advisers and accredited assignees against all claims, damages, losses, actions, claims, procedures, expenses, fines, penalties, Liabilities or other negative effects.
Note: Buying a MOM token can involve several risks
By purchasing the MOM Token, you agree not to hold any of the MOM parties liable for any loss or damage arising out of or relating to the MOM Token Sale, including any losses associated with the risks listed below.
Note: Purchases carry no rights and are non-refundable
Ownership of a MOM Token does not include any rights (express or implied) for MOM parties, the MOM project, the MOM platform, and any MOM product. In other words, owners of MOM Token do not own any proprietary rights to the MOM platform and therefore have no control over the above subareas. MOM Tokens owners have no contractual rights against the MOM platform and therefore have no claims against the MOM parties, the MOM project, the MOM platform and any MOM product. All purchases of MOM tokens are non-refundable. By purchasing a MOM Token, the buyer of MOM Token acknowledges that neither MOM nor any of the other MOM parties must, for any reason, make a refund.
Note: Do not buy MOM tokens unless you have expert knowledge of cryptocurrency and blockchain based systems.
The acquisition of a MOM Token may only be made by individuals or companies that have experience and understanding of cryptocurrencies and their intricacies. Buyers must have a functional understanding of the storage and transfer mechanisms associated with other cryptocurrencies. MOM is not responsible for lost or lost ethers (ETH) resulting from buyer actions.
Note: Buyers of MOM Tokens should take special care of their Wallet password and keep it in a safe place to ensure that they can access their MOM tokens.
By participating in the sales phases, you expressly acknowledge that you understand that MOM tokens may have volatility in pricing. In addition, you represent and warrant that you will not attempt to hold any of the MOM parties or members responsible for any loss or damage arising out of or in connection with the sale of MOM tokens to you during the MOM sales phases. All MOM parties and affiliates expressly disclaim any liability for loss or damage resulting from the loss of value of MOM tokens. The MOM parties expressly refrain from providing any predictions or guidance on the value of the MOM token over time. Potential buyers should consider these uncertainties when buying MOM tokens.
Note: Whether the MOM token has a value may depend on the continuation and possible completion of the MOM project.
The buyer understands that the MOM team will ensure that all reasonable efforts are made to complete the MOM project. There is no guarantee that this project will be commercialized or profitable. If the MOM project does not hit the market or does not gain market acceptance, it is very likely that the MOM token will lose all value and the project will be discontinued.
Cryptographic tokens that have value in public markets, such as bitcoins, can regularly experience extreme price volatility over short periods of time. Such fluctuations are based on market forces and represent changes in the supply and demand relationship. It is possible that the value of ETH could drop significantly in the future, which could have a negative impact on the MOM token, which in turn could lead to that the MOM parties do not have sufficient resources to continue their work.
Cryptocurrencies have been explored as a new technology by various regulatory agencies around the world. There is a risk that cryptocurrencies may be declared illegal or that cryptocurrency trading may be regulated. In both cases, this can affect the value of the MOM token. In addition, the MOM platform could be affected by one or more regulatory inquiries or actions that could affect the ability of the MOM parties to further develop the MOM project.
It is possible that the public interest in the MOM token is generally limited. Such a lack of interest could affect the development of the MOM project. The MOM parties expressly refrain from statements on the probability of success of the MOM project and the MOM token.
The buyer is aware that while the MOM parties ensure that all reasonable efforts are made to realize the MOM project, the full vision of the MOM project may never be published. There is no certainty that this project can be successfully developed over time. In addition, it is uncertain whether this project will be commercialized or profitable.
Cryptocurrencies are not official currencies and are not issued by any nation state. The taxation of cryptocurrencies is uncertain in many jurisdictions. However, it is likely that most jurisdictions require a normal tax payment. There are also some tax exemptions and exemptions that might otherwise not be possible due to the use of cryptocurrencies. Buyer has sole responsibility for determining whether the purchase of MOM tokens with ether had any tax implications in its area of responsibility The MOM parties make no statements as to the tax implications of the sale of MOM tokens or the possession or use of MOM tokens in the respective countries. The buyer acknowledges that he / she will not hold any of the MOM parties responsible for any tax liability associated with or arising from the purchase or subsequent transfer of MOM tokens.
Buyer disclaims any right or action against MOM parties of any kind in any jurisdiction that would cause any MOM party any damage whatsoever. Each MOM party will not be liable to the buyer for any damages, even if and to the extent that a MOM party has been advised of the possibility of such damages. The Buyer agrees not to require any refund, compensation or reimbursement from any MOM Party, regardless of the reason stated in this Agreement.
Under no circumstances will the aggregate liability of the MOM parties, whether under a contract, guarantee, tort or other theory, for damage to the purchaser under this Agreement be greater than the amount the Company has received from the purchaser
To the extent permitted by law, the buyer releases the MOM parties from the responsibility, liability, claims, claims and / or damages (actual and consequential damages) of any kind and nature, known and unknown (including but not limited to claims of negligence) arising from or related to disputes between the buyer and acts or omissions of third parties.
Any dispute arising out of or in connection with this Agreement is personal to the Buyer and MOM and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration in which an individual attempts to settle a dispute as a representative of another individual or a group of individuals. In addition, a dispute may not be conducted as a class or other type of representative act, either inside or outside the arbitration, or on behalf of any other person or group of individuals
MOM parties are not liable to the extent that the fulfillment of their respective obligations is prevented by events beyond their control due to force majeure (such as emergency conditions such as weather events such as floods, fires, blackout terrorist attacks, government regulations, civil or military files) military authorities, embargoes, actions of transport companies, etc.) If an event of force majeure occurs, the injured party may decide to suspend the sale process in whole or in part for the duration of the circumstances of force majeure. The party suffering in circumstances of force majeure must cooperate with and assist the injured party in any reasonable way to minimize the effects of force majeure on the injured party.
The Buyer and MOM agree that if any part of these Terms and Conditions shall be deemed to be, in whole or in part, unlawful or unenforceable, that provision in respect of such jurisdiction shall be invalidated only to the extent that such invalidity or unenforceability shall be determined without to affect its validity or its enforceability in any other way or jurisdiction and without affecting the remaining provisions of the conditions, which remain in full force and effect.