π§ΎTerms of Service
TL;DR
Pursuant to the governance framework and operational protocols established by BitSwap, all members affiliated with BitSwap, inclusive of but not limited to its stakeholders, team members, and the broader community engaged in activities concerning the $BITS token, are hereby mandated to adhere to the strategic vision, policies, and implementation roadmap collectively delineated and ratified by the aforementioned entities. The shareholders of BitSwap, encompassing primarily the core team among others, shall conform to and execute their roles and responsibilities in alignment with the overarching guidelines, objectives, and operational strategies as defined by BitSwap's collective governance structure. Nothing included in the BitSwap documents involves legal, financial, business or tax advice.
Disclaimer:
Please ensure to read the complete "Legal disclaimer" area conscientiously. Nothing included in the BitSwap documents involves legal, financial, business or tax advice. It is strongly advised to show diligence when involving yourself or others in this project. No one involved in BitSwap including, BitSwap itself, BitSwap team members, contributors or vendors bear direct or indirect liability of any means surrounding the damage or loss which may incur while interacting with $BITS including any and all media that is communicated by the project (including sub-domains and token documentation).
Project Purpose:
You as the consumers agree when purchasing $BITS to involve yourself in the services BitSwap provides. You agree that the project, distributor and affiliates develop the platform that you use. BitSwap is acting solely as a party that distributes their product, and do not deem themselves as a financial advisor to any parties involved.
Token Documentation:
The documentation provided by BitSwap is a piece of intellectual media created to communicate the inauguration and future of $BITS and BitSwap as a whole. BitSwap and its team created BitSwap.it and the token documentation being read now for informational purposes only, no where in this document does it impose an offer to purchase a product or asset (digital or physical). The information included in no way implies or solicits a legally binding contract contractual agreement with the consumer. Thus, you acknowledge that the roadmap, platform and functionality are subject to change and may become outdated or unusable. Neither the company nor distributors have any obligation to update or correct this document if these events may occur.
Rationality of documents:
Nowhere in the documentation provided by BitSwap includes financial advice from any party involved with BitSwap. Nothing contained in the documents is to be seen as a promise of the performance of $BITS. The agreement between distributor or any third party and the consumer to distribute or transfer $BITS is governed by separate terms and conditions to the ones included in BitSwaps documentation.
Information included in $BITS documentation and website is provided solely to inform the community, it is in no way legally binding. No person is to be bound in a legal agreement or committed in relation to acquiring $BITS, and no digital payment or asset is to be acquired surrounding the documentation or BitSwap.it website. The terms and conditions provided separately in relation to acquiring $BITS are in no way related to the BitSwap team and they will not take responsibility, however the terms and conditions provided by the distributor should be read in tandem with the BitSwap legal disclaimer. In any event involving $BITS the consumer is asked to refer to the legal disclaimer as it takes omnipotence in all events surrounding BitSwap and $BITS.
$BITS Token:
When purchasing $BITS it is to be underlined that receiving $BITS
(a) does not have a tangible manifestation, nor an inherent value or price that can be created by any party; (b) Is not refundable, or redeemable in regards to any asset, organisation or cash and cash equivalents, does not include payment obligation by BitSwap, the distributor or any affiliates to the company; (c) does not offer the token holder any form of connection to the company, distributor, revenue or assets, including but not limited to dividends, revenue, shares of the company, holding $BITS does not give the consumers rights to ask for financial statements or documents surrounding BitSwap and itβs finances; (d) does not intend to involve any right or obligations under contract to ensure profit or avoid loss; does not imply a sum of money digital or otherwise, does not create debt owed by the company towards the consumer, $BITS does not act as a financial instrument or investment; (e) does not provide the token holder with any equity within the business nor any partners or distributors business.
To ensure transparency the company and partners avoid buying or selling any virtual asset or payment token including $BITS. Any sale or distribution of tokens by the company itself would be enacted upon in a restricted period solely for obtaining project developmental funds, raising market awareness and to increase community or social engagement surrounding the token.
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