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WRT COIN & WRTw TOKEN SALE TERMS

Terms of Coins & Token Sales/Purchase

Introduction

These terms and conditions (hereinafter the “Terms”) describe information applicable to the use of the wrtcoin.com website and its services, which is owned and operated by WEIGRATE LTD. By using the Website or its related services and Token sale process, you expressly agree to be bound by all of the terms and conditions set forth.
In accepting this agreement, you acknowledge that you have read this agreement, understand it, and had an opportunity to seek independent legal advice prior to agreeing to it. You also warrant that you are at least 18 years old and have full capacity to contract under applicable law; only transacting on wrtcoin.com with legally-obtained funds that belong to you; not furthering, performing, undertaking, engaging in, aiding, or abetting any unlawful activity through your relationship with us or through your use of wrtcoin.com; and, comporting with and obeying all applicable laws.
At any point, if you do not agree to any portion of the current Terms, you should not proceed to use the Website or participate in the Token sale.

WEIGRATE TEAM has the right to review and amend the current agreement at any time without notice.

Terms and Definitions


In the present document, the following terms shall have the meaning specified below:
“Bitcoin” or “BTC” means the digital currency and payment system using peer-to-peer transactions verified by network nodes and recording in a public distributed ledger. “Blockchain” - a distributed database that maintains a continuously growing list of ordered records called blocks. By design, blockchains are inherently resistant to modification of the data once recorded, the data in a block cannot be altered retroactively. “GitHub” - is a development platform that provides hosting and reviewing code, managing projects, and building software alongside millions of other developers. The WEIGRATE coin source is available at https://github.com/weigrate/weigrate “Purchaser” (“User”) - a person participating in the coins & token sale for the purpose of joining a rewards program and benefits package. Once a Purchaser creates an account on the WEIGRATE Website and confirms his email, he becomes a “Registered Purchaser”.
“Purchaser” - legal or natural person participating in the Initial Coin Offering. “Service” (“System”) - WEIGRATE blockchain rewards platform.

“Token sale” (“Initial Coin Offering”, “ICO”) - a process of capital rising by which funds are raised for a new cryptocurrency venture. “Website” - the website on the Internet at wrtcoin.com. “Whitepaper” – an informational document issued by a WEIGRATE ltd highlighting the features of the Service, available https://www.weigrate.ltd.

Status of these Terms

• The purpose of these Terms is to explain the functionality Service and to notify the persons who intend to enter into the relations with Service about the risks connected with the use of Service.

• The list of risks specified in these Terms is not comprehensive, as well as it may not contain those risks which cannot be predicted at the present moment. If you are not sure that you can estimate the probability of occurrence of such risks by yourself, you are advised to contact an appropriate specialist (a lawyer, an auditor, an adviser or a programmer) before making a decision about entering into the relations with the Service.

• Reviewing these Terms does not substitute reviewing the Blockchain system. By transferring amount/value to the Service you confirm that you have read the Blockchain system instructions and fully and unconditionally agree with the conditions hereof.

• You may not take legal actions against the Service connected with using of Service, including, but not limited to claims based on the fact that you did not read nor did not understand the terms and conditions of the Blockchain system.

• These Terms might be amended and/or updated in the future. The relevant Terms are the ones showed on the Site. In order to obtain the most complete and current information regarding the Service you should periodically review this section.

Token sale

• The Purchaser understands that there may be serious risks connected with cryptocurrency, such as heavy fluctuations of virtual or actual currency values, which in turn may lead to loss of currency over short or long periods.

• The Purchaser understands and accepts that while the individuals and entities, including WEIGRATE , assigned to this task will make reasonable efforts to develop the WEIGRATE System, it is possible that such development may fail and purchaser’s WRT COIN & WRTW Tokens become useless and/or valueless due to technical, commercial, regulatory or any other reasons.

• By transferring Bitcoin (BTC) or other supported cryptocurrencies to the WEIGRATE address in exchange for WRT COIN & WRTW Tokens, the Purchaser confirms to understand and accept that he/she makes a contribution into a WEIGRATE System for the development of the project, as described in the WEIGRATE Whitepaper, available at the WEIGRATE website.

• In order to complete the Line of products WEIGRATE is Holding a Initial Coin Offering of WRT COIN & WRTW Tokens.

• The Purchaser acknowledges and understands that the Tokens have no warranty whatsoever, expressed or implied, to the extent permitted by Applicable Law and accordingly that Tokens are purchased on an "as is" basis.

• The Purchaser also understands that WEIGRATE will not provide any refund of the purchase price for Tokens under any circumstance.

• The Purchaser further agrees to accept sole and exclusive risk for the purchase of Coins & Tokens through the WEIGRATE Service. The Purchaser recognizes that the WEIGRATE Platform is currently being developed and may undergo significant changes before release.

• In order to reduce the possibility of fraud, phishing attempts and other schemes perpetrated by malicious third parties, the Purchaser agrees not to respond directly to any inquiry regarding its purchase of Coins & Tokens, including but not limited to email requests purportedly coming from WEIGRATE . The Purchaser understands that WEIGRATE may send the Purchaser emails from time-to-time, but these email notices will never ask for information or require a response from the Purchaser.

• The Purchaser recognizes that WEIGRATE does not warrant the period of time for which the WEIGRATE Service will be operational. The WEIGRATE Service may be abandoned by WEIGRATE for a number of reasons, including a lack of interest from the public, a lack of funding to develop similar products, and competing non-affiliates built on the same underlying protocol and open source technology.

• The Purchaser understands that between the time of purchase of Coins & Tokens by means of the Coins & Token sale and the inception of the WEIGRATE Service, Coins & Tokens will be usable in the Purchaser's discretion and shall be therefore be a considered an asset class.

• By purchasing the WRT COIN & WRTw, the Purchaser confirms that he/she: Is legally permitted to purchase Coins & Tokens in the Purchaser’s jurisdiction;
Is of a sufficient age to legally purchase Coins & Tokens or has received permission from a legal guardian who has reviewed and agreed to these Terms and the Sale Agreement;

• Will take sole responsibility for any restrictions and risks associated with the purchase of Coins & Tokens as set in the Terms;

• Is not exchanging Bitcoin for Coins & Tokens for the purpose of speculative investment;

• Has a full and complete understanding of the usage and intricacies of Blockchain-based assets, like Coins & Tokens, Bitcoins and Blockchain-based software systems.

• After purchasing WRT COIN & WRTw Tokens, the Purchaser becomes a Coins or Token Holder. Holders are enrolled in the Rewards program to earn rewards and obtain benefits. Holders by no means own any securities or interest in WEIGRATE

• WRT COIN & WRTW Tokens are classified as utility tokens and are equivalent to program points redeemable on the WEIGRATE platform.

• The price of one WRT COIN & WRTW Token is set at
WRT coin – 0.01USD
WRTw token - 0.01USD

Prices can be change according to yobit.net platform trade index.

All unsold Tokens will be holded for additional / secondary ICO campaign while new features integration.

Taxation

Users bear full responsibility for timely and correct calculation and payment of all taxes due in accordance with the legislation applicable to the Users. The Service is not a tax agent of the User, as well as it does not advise the User on the order of calculation and/or the payment of taxes.

No Forward-Looking Statements

• Nothing in the Service, in the Terms or in any statements or information contained on the Site at any moment, or in any means of communication of the Service (including but not limited to the publications in social media, as well as the statements or declarations made by inter alia the representatives of the Service, notwithstanding whether they had been made personally or on behalf of the Service), notwithstanding the time of their occurrence, shall be construed as the guarantee of gaining profit or benefit in any other form. The Purchasers understand that participating in Token Sale may result in financial losses.

• The Purchaser understands and accepts that while the individuals and entities assigned to provide certain tasks to develop Service make reasonable efforts to develop, complete these tasks as well as operating the Services under any regulatory scheme, it is possible that such development may fail and Tokens become useless or valueless due to technical, commercial, regulatory or any other reasons.

• Hence, User therefore understands and accepts that the transfer of BTC to the Service may result in a total loss and that Purchaser shall not have any claim whatsoever to reclaim any BTC lost.

No Liability

• The Purchaser acknowledges and agrees that, to the fullest extent permitted by any applicable law, the Purchaser will not hold any developers, auditors, contractors or founders of the Service, the Blockchain System liable for any and all damages or injury whatsoever caused by or related to the use of, or the inability to use, Tokens, Services or Blockchain system under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that developers, auditors, contractors or founders of the Blockchain System and/or the Services shall not be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data, in any way whatsoever arising out of the use of, or the inability to use of the Blockchain System and/or Services.

• The Service does not guarantee the permanent and uninterruptible operation of the Site and does not take any responsibility for direct, indirect, accidental, special, circumstantial or punitive damages, including but not limited to the losses in the form of lost profit for the mistakes and/or technical issues in operation of the Site, or restriction of the access to the Site on the territory of any jurisdiction.

Miscellaneous

• The User agrees that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

• The Terms govern the creation, transfer and holding of the Coin & Tokens and supersede any public statements about the launch of Coins & Tokens by anyone in the past, present and future.

• The applicable law is United Kingdom law. Any dispute arising out of or in connection with the creation of the Coins & Tokens and the development of Services shall be finally settled by the ordinary courts of the registered domicile of the defendant.