1.1 Please read the following IronBlock Pre-ICO General Terms (the Terms) carefully. The Terms govern your (“you” or the “Purchaser”) purchase and ownership of IronBlock tokens (the IRB), and your rights and obligations as a participant of the IronBlock Pre-ICO.
1.2. By ticking the “I accept the Terms and Conditions” box you give your express agreement to the Terms. Do not participate in the IronBlock Pre-ICO if you do not agree to these Terms.
1.3. In addition to the above, you also acknowledge that you have been warned of and understand the following risks, associated with the Purchase, Use and Disposal of IRB.
1.4. The Terms are only available in Russian and English. If you lack the required knowledge to fully understand the information, please refer to a professional translator.
2. General Conditions
2.1. When you create an account on our official Website www.ironblock.io (the Website), or purchase IRB, you hereby fully accept the Terms, IronBlock Whitepaper.
2.2. We reserve the right, at any time in our sole discretion, to change, modify, add or remove portions of the Terms, with or without notice, such changes effective immediately upon release on the Website. By using the Website and participating in the IronBlock Pre-ICO, you hereby agree to the changes, and require no additional notice of the changes made.
2.3. If you do not agree with the Terms, then you may not participate in the IronBlock Pre-ICO. You shall not purchase IRB if you do not agree to the Terms
3. IRB Tokens
3.1. During the IronBlock Pre-ICO, no more than 8 333 334 IRB will be sold.
3.2. To participate in the IronBlock Pre-ICO you must create an account on the Website stating your email address. Please refrain from creating an account if you do not agree to the Terms
3.3. You guarantee to provide true, relevant and credible personal information in your account. You shall also update IronBlock on any changes to your personal information that would otherwise make your personal information become irrelevant, incomplete or wrong.
3.4. After creating an account, you receive access to IronBlock smart contract on the Ethereum blockchain.
3.5. You pay the set purchase price in ETH for the desired amount of IRB to the Smart Contract address found in your personal account on the Website. The IRB purchase is not guaranteed until the corresponding amount of ETH reaches IronBlock.
3.6. You have the right to purchase any amount of IRB within the supply limitations set by the Terms of the IronBlock Pre-ICO.
3.7. Not acting upon these instructions for participating in the IronBlock Pre-ICO may prevent you from purchasing IRB. In this case IronBlock is not responsible for any losses, costs or expenses arising for you or any other party.
3.8. The IRB you buy will be sent to you according to the IronBlock Smart Contract within 24 hours of the purchase, after IronBlock receives the corresponding amount of ETH for your IRB purchase.
3.9. You can check your IRB purchase status in your personal account on the Website.
3.10. If by the end of the IronBlock Pre-ICO the total IRB bought will be worth less than 1125 ETH, the IronBlock Pre-ICO will be considered void in which case every Purchaser has the right to return his funds.
4. Representations, warranties and legal implications
4.1. IRB Token is not a security or investment, and does not make its holder an investor or a security owner. IRB Token is not registered under the U.S. federal securities law.
4.2. IRB Token does not confer rights in any form to any ownership, distribution (including but not limited to profit), subscription, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, or any other rights to IronBlock.
4.3. IRB Token confers no creditor or lender status, nor is it binding IronBlock and IronBlock affiliates with obligations of return of funds raised by the IronBlock Pre-ICO.
4.4. IRB Token holders should consider the risks and keep an eye on legislation changes in the countries they reside in.
4.5. We notify residents of the following countries: USA, Canada, South Korea, China and Singapore, that IRB Token fails the Howey test:
- IRB Token holders are not paid dividends;
- IRB Token is not a security and IronBlock is not a security issuer and does not pay the holders any loan interest;
- IRB token holders are given opportunities to benefit, nevertheless, it takes efforts and labor to earn any, so there is no guaranteed income.
4.6. By participation in the IronBlock Pre-ICO you imply your full understanding of legal opinion and position of IronBlock, and act on your own account.
4.7. IronBlock takes no responsibility for possible claims from inspecting and regulatory bodies of USA, Canada, South Korea, China, Singapore, and in any other case of change in IRB Token status interpretation.
4.8. Your undertaking to purchase IRB in relation to the token sale should ensure that you understand and have significant experience of cryptocurrencies, blockchain systems and services, and that you fully understand the risks associated with the token sale as well as the mechanism related to the use of cryptocurrencies (incl. storage).
4.9. You fully understand that IRB purchase and ownership may have tax consequences. You take full personal responsibility for your compliance with the tax legislation of the country you are subject to.
4.10. You guarantee full compliance with the applicable law, including anti-money laundering laws and regulations, and will not engage in the financing of terrorism.
5. Miscellaneous terms
5.1. You agree that if any portion of the 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.
5.2. These Terms and Conditions are subject to and governed by the law of the jurisdiction of the Republic of Estonia.
5.3. The Terms hereof shall prevail over any information presented on the Website or in the Whitepaper which is contrary to the terms hereof.