📜Terms & Conditions

Terms & Conditions for the SCI Token

1. Introduction

These Terms & Conditions ("Terms") govern your participation in the SCI token sale ("Token Sale") offered by PoSciDonDAO. By participating in the Token Sale, you agree to be bound by these Terms. If you do not agree to these Terms, you must not participate.

2. Eligibility

2.1. The SCI token is not available to persons within the United States or to “U.S. persons” as defined under relevant U.S. laws and regulations. This restriction ensures compliance with applicable laws.

2.2. No entity, person, or corporate body deemed a “Prohibited Person” may own, buy, or sell the token. A Prohibited Person includes any individual or entity (government, political subdivision, agency, or instrumentality) that is:

• (i) A national or resident of, or entity formed under the laws of, any U.S. embargoed or restricted country;

• (ii) A national or resident of, or entity formed under the laws of, Cuba, North Korea, Iran, Libya, South Sudan, Sudan, Syria, or Crimea;

• (iii) Listed on the U.S. Commerce Department’s Denied Persons List, Entities List, or Unverified List; the Treasury’s Specially Designated Nationals and Blocked Persons List, or related lists;

• (iv) Restricted from business transactions by any U.S. Governmental Authority;

• (v) Subject to economic sanctions enforced by the UN, EU, or UK.

3. Token Characteristics

3.1. Participation in the Token Sale does not constitute the exchange of cryptocurrencies for securities, investment units, or ordinary shares in any project, platform, company, or entity.

3.2. The tokens issued are not intended to be securities or collective investment units. Token holders do not receive dividends, revenue rights, or any profit-sharing benefits.

3.3. Tokens are solely for personal use and participants are prohibited from reselling or distributing them as nominees or agents.

4. Participant Representations

By participating in the Token Sale, you represent and warrant that: 4.1. You are legally permitted to participate in the Token Sale under the laws of your jurisdiction.

4.2. You have sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of participation. You are capable of bearing a total loss without impairing your financial condition.

4.3. You understand the risks involved, including but not limited to:

• Failure of the token or network to function as intended.

• Incomplete or canceled token launch.

• Insufficient user interest or governmental investigation.

4.4. You have obtained sufficient information about PoSciDonDAO and the Token Sale to make an informed decision. You possess technical knowledge of cryptographic tokens, smart contracts, token storage, and distributed networks.

5. Legal Compliance

5.1. You are responsible for ensuring compliance with any legal requirements, foreign exchange restrictions, consents, and applicable tax obligations in your jurisdiction.

5.2. PoSciDonDAO is not responsible for any violations of law or regulation resulting from your participation in the Token Sale.

6. Risk Disclosure

6.1. Tokens are provided on an “as is” basis with no guarantees regarding functionality or market value.

6.2. Participation in the Token Sale involves significant risks, including but not limited to:

• Loss of funds.

• Regulatory changes affecting the token’s legality or value.

• Technological failures or vulnerabilities.

7. Participant Acknowledgments

By participating in the Token Sale, you acknowledge and confirm that: 7.1. You have consulted with your legal, financial, tax, and investment advisors regarding your participation.

7.2. You agree to bear all risks associated with the Token Sale and waive any claims against PoSciDonDAO for losses or damages.

8. Amendments

PoSciDonDAO reserves the right to amend these Terms at any time. Continued participation in the Token Sale constitutes acceptance of the amended Terms.

9. Governing Law

These Terms are governed by the laws of Panama. Any disputes arising out of or relating to these Terms will be resolved exclusively in the courts of Panama.

10. Agreement to Terms

By participating in the Token Sale, you acknowledge that you have read, understood, and agreed to these Terms & Conditions.