Terms and Condition
Ariinv
ARISTO
TOKEN SALE TERMS AND CONDITIONS
The
following Terms and Conditions ("Terms") govern your (“you” or the “Purchaser”)
purchase of cryptographic tokens (”ARISTO(ARII)“)
from Aristotle Investment in Commercial Enterprises & Management, (the “Company”).
Each of you and the Company is a “Party” and, together, the “Parties” to these Terms. This document is
not a solicitation for investment and does not pertain in any way to an
offering of securities in any jurisdiction. This document describes the ARISTO
token sale.
IF YOU
DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE ARISTO FROM THE COMPANY. BY
PURCHASING ARISTO FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS
INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS,
PLEASE CONTACT THE COMPANY AT ari@ariinv.com.
By purchasing Aristo, and to the extent permitted by law, you are
agreeing not to hold any of the the Company and its respective past, present
and future employees, officers, directors, contractors, consultants, equity
holders, suppliers, vendors, service providers, parent companies, subsidiaries,
affiliates, agents, representatives, predecessors, successors and assigns (the “Aristotle Team”)
liable for any losses or any special, incidental, or consequential damages
arising from, or in any way connected, to the sale of ARISTO, including losses
associated with the terms set forth below.
DO NOT PURCHASE ARISTO IF YOU ARE NOT AN EXPERT IN DEALING WITH
CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. PRIOR TO PURCHASING
ARISTO, YOU SHOULD CAREFULLY CONSIDER THE TERMS LISTED BELOW AND, TO THE EXTENT
NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. IF
ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT PURCHASE
ARISTO.
PURCHASES OF ARISTO SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS,
ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING
OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, INCLUDING ETHEREUM
TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. PURCHASERS SHOULD HAVE A
FUNCTIONAL UNDERSTANDING OF STORAGE AND TRANSMISSION MECHANISMS ASSOCIATED WITH
OTHER CRYPTOGRAPHIC TOKENS. WHILE THE COMPANY WILL BE AVAILABLE TO ASSIST
PURCHASERS OF ARISTO DURING THE SALE, THE COMPANY WILL NOT BE RESPONSIBLE IN
ANY WAY FOR LOSS OF BTC, ETH OR ARISTO RESULTING FROM ACTIONS TAKEN BY, OR
OMITTED BY PURCHASERS. IF YOU DO NOT HAVE SUCH EXPERIENCE OR EXPERTISE, THEN
YOU SHOULD NOT PURCHASE ARISTO OR PARTICIPATE IN THE SALE OF ARISTO. YOUR
PARTICIPATION IN ARSITO SALE IS DEEMED TO BE YOUR UNDERTAKING THAT YOU SATISFY
THE REQUIREMENTS MENTIONED IN THIS PARAGRAPH.
PURCHASER AGREES TO BUY, AND COMPANY AGREES TO SELL, THE ARISTO
TOKENS IN ACCORDANCE WITH THE FOLLOWING TERMS:
1. Conditions to ARISTO token sale
YOU MAY NOT MAKE A ACQUIRE AN ARISTO TOKEN IF YOU ARE A CITIZEN,
RESIDENT (TAX OR OTHERWISE) ANY COUNTRY THOSE BANNED OR PROHIBITED CRYPTOCURRENCIES.
When you purchase, or otherwise receive, an ARISTO token, you may
only do so by accepting the following conditions and, by doing so, you warrant
and represent that the following are a true and accurate reflection of the
basis on which you are acquiring the ARISTO tokens:
neither the Company nor any of the ARISTO Team has provided you with
any advice regarding whether ARISTO is a suitable investment for you; you have
sufficient understanding of the functionality, usage, storage, transmission
mechanisms and intricacies associated with cryptographic tokens, such as
Bitcoin and Ether, as well as blockchain-based software systems generally; you
are legally permitted to receive and hold and make use of ARISTO in your and
any other relevant jurisdiction; you will supply us with all information,
documentation or copy documentation that we require in order to allow us to
accept your purchase of ARISTO and allocate ARISTO to you; you have not
supplied us with information relating to your acquisition of ARISTO or otherwise
which is inaccurate or misleading; you will provide us with any additional
information which may be reasonably required in order that we can fulfill our
legal, regulatory and contractual obligations, including but not limited to any
anti-money laundering obligation;
you will notify us promptly of any change to the information
supplied by you to us; you are of a sufficient age (if an individual) to
legally obtain ARISTO, and you are not aware of any other legal reason to
prevent you from obtaining ARISTO; you take sole responsibility for any
restrictions and risks associated with receiving and holding ARISTO, including
but not limited to these set out in Annex A; by acquiring ARISTO, you are not
making a regulated investment, as this term may be interpreted by the regulator
in your jurisdiction; you are not obtaining or using ARISTO for any illegal
purpose, and will not use ARISTO for any illegal purpose; you waive any right
you may have / obtain to participate in a class action lawsuit or a class wide
arbitration against any entity or individual involved with the sale of ARISTO;
your acquisition of ARISTO not involve your purchase or receipt of shares,
ownership or any equivalent in any existing or future public or private
company, corporation or other entity in any jurisdiction; to the extent
permitted by law and provided we act in good faith, the Company makes no
warranty whatsoever, either expressed or implied, regarding the future success
of ARISTO and/or the Ethereum Network;
you accept that ARISTO is created and you obtain ARISTO on an “as is” and “under
development” basis. Therefore, provided the Company acts in good faith, you
accept that the Company is providing ARISTO without being able to provide any
warranties in relation to ARISTO, including, but not limited to, title,
merchantability or fitness for a particular purpose;
you accept that you bear sole responsibility for determining if (i)
the acquisition, the allocation, use or ownership of ARISTO (ii) the potential
appreciation or depreciation in the value of ARISTO over time, if any, (iii)
the sale and purchase of ARISTO; and/or (iv) any other action or transaction
related to ARISTO has tax implications.
2. Overview of ARISTO sale
ARISTO is required for proper operation and comprehensive utilization
of ARISTO (as defined in the white paper (the “White Paper”) provided at
www.ariinv.com (the “Website”) as of the date the Purchaser acquires ARISTO
token). After the ARISTO sale, each ARISTO is backed by the purchase of the
underlying assets, as described in the White Paper. To the extent they do not
contradict these Terms, the rights connected to ARISTO are subject to the
limitations set out in the White Paper, but this should in no case create
obligations for the Company in addition to the ones contained in these Terms.
The Company reserves the right to circumvent the algorithm used to select the
underlying assets if it believes, in its sole discretion, that such selected
underlying assets could adversely affect the Company or ARISTO from a regulatory
or legal perspective. The Company shall have the right to sell any such
underlying assets (if already part of ARISTO portfolio) and block their
acquisition.
The maximum total amount of ARISTOs to be issued is 4,200,000,000.
ARISTOs are generated as Purchasers buy them and the total supply of ARISTOs
will be fixed after the end of the ARISTO sale. No more ARISTOs will be issued
after the end of the ARISTO sale, as described in the preceding paragraph.
Ownership of ARISTO during the ARISTO token sale carries no rights express or
implied. Purchases of ARISTO are non-refundable.
The anticipated distribution of the ARISTO tokens is as follows:
20.0% Aristotle Team
5.0% Operations
5.0% Marketing
20.0% Platform Development
10.0% Bounty program and Airdrops
40% Token Sale Participants
3. ARISTO Price
Purchasers in the ARISTO token sale will be allocated their ARISTO
tokens in exchange for USDT at the following rate:
The first 420,000,000 ARISTO tokens: starts from USDT 0.000000316
per ARISTO token; after the first 420,000,000 or until expiration time since
the start of ARISTO token private sale, the ARISTO price may reach to : USDT 0.0932131
per ARISTO token; during the period between the expiration of Pre-Sale hours
since the start of ARISTO token sale price may reach to : USDT 0.6633978 and
until the end of public ARISTO token sale ARISTO may hit : USDT 4.30219022
per ARISTO token.
Purchaser must have an Ethereum wallet that supports the ERC-20
token standard in order to receive any ARISTO purchased from the Company.
4. Timing of ARISTO Token Sale
The ARISTO sale begins at Ethereum block number 12,858,429 which is
expected to be achieved on the 19th July - The ARISTO VIP-Sale will run for 90
calendar days and or when the ARISTO sale cap is reached. The Company reserves
the right to change the sale dates or extend the sale duration for any reason,
including the unavailability of the Website or other unforeseen security or
procedural issues.
The general public will be able to see the total number of ARISTO
tokens currently sold, as well as the distribution of all ARISTO tokens between
the participating Ethereum accounts. In the spirit of openness, the Company
will constantly update on the Website the number of tokens sold as well as the
share of ARISTO tokens allocated to the shareholders of Company. Furthermore,
the Ethereum accounts used to store ETH during the ARISTO sale duration will
publicly available and their balances will also be made available on the
Website.
5. After the ARISTO Token Sale
The Purchasers should have no expectation of influence over
governance of the Company.
Upon the conclusion of a successful ARISTO sale, the digital assets
backing each ARISTO token will be transparently purchased.
The Company will provide you with an official and regular audit
conducted on the existence of the digital assets backing each ARISTO token.
Through this audit, you can track and confirm that the digital assets backing
your ARISTO have been received and acquired. Access to the audit results does
not constitute an ARISTO purchase receipt or indicate in any way that the party
possessing such access has rights to or ownership of the purchased ARISTO
tokens.
Prior to a Purchaser selling ARISTO after the ARISTO token sale
completion, such Purchaser shall ensure that the buyer of any such ARISTO
undertakes to comply with all the provisions of these Terms as if such person
were a Purchaser in the ARISTO token sale.
6. The Company Will Not Purchase ARISTO During the ARISTO Sale
The Company warrants that neither it nor its shareholders will
purchase ARISTO during the ARISTO sale. Furthermore, the Company warrants that
neither it nor its shareholders will purchase ARISTO from any third party during
the period of the ARISTO sale.
7. All purchases of ARISTO are final
ALL PURCHASES OF ARISTO ARE FINAL. PURCHASES OF ARISTO ARE
NON-REFUNDABLE. BY PURCHASING ARISTO, THE PURCHASER ACKNOWLEDGES THAT NEITHER
THE COMPANY NOR ANY OF ITS AFFILIATES, DIRECTORS OR SHAREHOLDERS ARE REQUIRED
TO PROVIDE A REFUND FOR ANY REASON.
IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY
INDIVIDUALS OR ENTITIES OWNING ARISTO CREATES MATERIAL REGULATORY OR OTHER
LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND/OR ARISTO, THE COMPANY
RESERVES THE RIGHT TO: (A) BUY ALL ARISTO FROM SUCH ARISTO OWNERS AT THE
THEN-EXISTING MARKET PRICE AND/OR (B) SELL ALL CRYPTOCURRENCY ASSETS OF THE
COMPANY.
8. Taxation of ARISTO and Taxation Related to the Token Sale
The Purchaser bears the sole responsibility to determine if the
purchase of ARISTO with BTC, LTC, ETH, USDT
or the potential appreciation or depreciation in the value of ARISTO
over time has tax implications for the Purchaser in the Purchaser's home
jurisdiction. By purchasing ARISTO, and to the extent permitted by law, the
Purchaser agrees not to hold any of the Company, its affiliates, shareholders,
director, or advisors liable for any tax liability associated with or arising
from the purchase of ARISTO.
9. Privacy
The Purchasers may be contacted by email by the Company. Such emails
will be informational only. The Company will not request any information from
Purchasers in an email. See our Privacy Policy available on the Website for
additional information
10. Force Majeure
The Company is not liable for failure to perform solely caused by:
Unavoidable casualty, Delays in delivery of materials, Embargoes,
Government orders, Acts of civil or military authorities, Acts by common
carriers, Emergency conditions (including weather conditions), Security issues
arising from the technology used, or any similar unforeseen event that renders
performance commercially implausible. If an event of force majeure occurs, the
party injured by the other's inability to perform may elect to suspend the
Terms, in whole or part, for the duration of the force majeure circumstances.
The party experiencing the force majeure circumstances shall cooperate with and
assist the injured party in all reasonable ways to minimize the impact of force
majeure on the injured party.
11. Disclaimer of Warranties
THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING
ARISTO AT THE PURCHASER'S SOLE RISK AND THAT ARISTO IS PROVIDED ON AN "AS
IS" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED,
INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES,
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT
PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO
THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED).
WITHOUT LIMITING THE FOREGOING, NONE OF THE ARISTOTLE TEAM WARRANTS THAT THE
PROCESS FOR PURCHASING ARISTO WILL BE UNINTERRUPTED OR ERROR-FREE.
12. Limitations Waiver of Liability
THE PURCHASER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT
PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN
APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO (i)
USE OF, OR INABILITY TO USE, ARISTO OR (ii) THE COMPANY TEAM 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 NONE OF THE COMPANY TEAM SHALL 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 INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO
PURCHASE, ARISTO, OR ARISING OUT OF ANY INTERACTION WITH THE SMART CONTRACT
IMPLEMENTED IN RELATION TO ARISTO. THE PURCHASER FURTHER SPECIFICALLY
ACKNOWLEDGES THAT THE COMPANY TEAM IS
NOT LIABLE FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER PURCHASERS OF
ARISTO, AND THAT THE RISK OF PURCHASING AND USING ARISTO RESTS ENTIRELY WITH
THE PURCHASER. TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO
CIRCUMSTANCES WILL ANY OF THE COMPANY TEAM BE LIABLE TO ANY PURCHASER FOR MORE
THAN THE AMOUNT THE PURCHASER HAVE PAID TO THE COMPANY FOR THE PURCHASE OF
ARISTO. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR
THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES.
THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS
MAY NOT APPLY TO A PURCHASER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL
AFFECT THE STATUTORY RIGHTS OF ANY PURCHASER OR EXCLUDE INJURY ARISING FROM ANY
WILFUL MISCONDUCT OR FRAUD OF THE COMPANY TEAM.
13. Complete Agreement
These Terms set forth the entire understanding between the Purchaser
and the Company with respect to the purchase and sale of ARISTO. For facts
relating to the sale and purchase, the Purchaser agrees to rely only on the
Terms in determining purchase decisions and understands that the Terms govern
the sale of ARISTO and supersede any public statements about the ARISTO token
sale made by third parties or by the Company or individuals associated with any
of the ARISTO team, past and present and during the ARISTO token sale.
14. Severability
The Purchaser and the Company agree 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.
15. No Waiver
The failure of the Company to require or enforce strict performance
by the Purchaser of any provision of these Terms or the Company’s failure to
exercise any right under these Terms shall not be construed as a waiver or
relinquishment of the Company's right to assert or rely upon any such provision
or right in that or any other instance. The express waiver by the Company of
any provision, condition, or requirement of these Terms shall not constitute a
waiver of any future obligation to comply with such provision, condition or
requirement. Except as expressly and specifically set forth in these Terms, no
representations, statements, consents, waivers, or other acts or omissions by
the Company shall be deemed a modification of these Terms nor be legally
binding.
16. Updates to the Terms
The Company reserves the right, at its sole discretion, to change,
modify, add, or remove portions of the Terms at any time during the sale by
posting the amended Terms on the Website. Any Purchaser will be deemed to have
accepted such changes by purchasing ARISTO. The Terms may not be otherwise
amended except by express consent of both the Purchaser and the Company.
17. Cooperation with Legal Authorities
The Company will cooperate with all law enforcement enquiries,
subpoenas, or requests provided they are fully supported and documented by the
law in the relevant jurisdictions.
18. Indemnification
To the fullest extent permitted by applicable law, you will
indemnify, defend and hold harmless the Company from and against all claims,
demands, actions, damages, losses, costs and expenses (including attorneys’ fees)
that arise from or relate to: (i) your purchase or use of ARISTO; (ii) your
responsibilities or obligations under these Terms; (iii) your violation of
these Terms; or (iv) your violation of any rights of any other person or
entity.
The Company reserves the right to exercise sole control over the
defense, at your expense, of any claim subject to indemnification under this
Section 18. This indemnity is in addition to, and not in lieu of, any other
indemnities set forth in a written agreement between you and the Company.
19. Security
You are responsible for implementing reasonable measures for
securing the wallet, vault or other storage mechanism you use to receive and
hold ARISTO purchased from the Company, including any requisite private key(s)
or other credentials necessary to access such storage mechanism(s). If your
private key(s) or other access credentials are lost, you may lose access to
your Tokens. The Company is not responsible for any losses, costs or expenses
relating to lost access credentials.
20. Language
Currently, only English versions of communications is considered
official. The English version shall prevail in case of differences in
translation.
21. Governing Law
The Terms, the arbitration clause contained in them, and all
non-contractual obligations arising in any way whatsoever out of or in
connection with these Terms are governed by, construed, and take effect in
accordance with English law.
22. Arbitration
Any dispute or difference arising out of or in connection with these
Terms or the legal relationships established by these Terms, including any
question regarding its existence, validity or termination (“Dispute”), shall
be referred to and finally resolved by arbitration under the LCIA Rules which
will be deemed to be incorporated by reference into this clause, save for any
waiver of any rights the parties would otherwise have to any form of appeal or
recourse to a court of law or other judicial authority, which rights are
expressly reserved. The number of arbitrators shall be three. The seat of the
arbitration shall be New York. The language of the arbitration shall be
English.
A dispute arising out of or related to these Terms is personal to
you and the Company and will be resolved solely through individual arbitration
and will not be brought as a class arbitration, class action or any other type
of representative proceeding. There will be no class arbitration or arbitration
in which an individual attempts to resolve a Dispute as a representative of
another individual or group of individuals. Further, a Dispute cannot be
brought as a class or other type of representative action, whether within or
outside of arbitration, or on behalf of any other individual or group of
individuals.
ANNEX A
ARISTO Risks
By purchasing, owning, and using ARISTO, you expressly acknowledge
and assume the following risks:
1. Risk of Losing Access to ARISTO token
Due to Loss of Private Key(s), Custodial Error or Purchaser
Error
A private key, or a combination of private keys, is necessary to
control and dispose of ARISTO stored in your digital wallet or vault.
Accordingly, loss of requisite private key(s) associated with your digital
wallet or vault storing ARISTO will result in loss of such ARISTO. Moreover,
any third party that gains access to such private key(s), including by gaining
access to login credentials of a hosted wallet service you use, may be able to
misappropriate your ARISTO. Any errors or malfunctions caused by or otherwise
related to the digital wallet or vault you choose to receive and store ARISTO
in, including your own failure to properly maintain or use such digital wallet
or vault, may also result in the loss of your ARISTO. Additionally, your
failure to follow precisely the procedures set forth in for buying and
receiving Tokens, including, for instance, if you provide the wrong address for
the receiving ARISTO, or provides an address that is not ERC-20 compatible, may
result in the loss of your Tokens.
2. Risks Associated with the Ethereum Protocol
Because ARISTO and the Company platform are based on the Ethereum
protocol, any malfunction, breakdown or abandonment of the Ethereum protocol
may have a material adverse effect on the platform or ARISTO. Moreover,
advances in cryptography, or technical advances such as the development of
quantum computing, could present risks to the ARISTO and the platform,
including the utility of the ARISTO for obtaining services, by rendering
ineffective the cryptographic consensus mechanism that underpins the Ethereum
protocol.
3. Risk of Mining Attacks
As with other decentralized cryptographic tokens based on the
Ethereum protocol, ARISTO are susceptible to attacks by miners in the course of
validating ARISTO transactions on the Ethereum blockchain, including, but not
limited, to double-spend attacks, majority mining power attacks, and
selfish-mining attacks. Any successful attacks present a risk to the platform
and ARISTO token, including, but not limited to, accurate execution and
recording of transactions involving ARISTO token.
4. Risk of Hacking and Security Weaknesses
Hackers or other malicious groups or organizations may attempt to
interfere with the platform or ARISTO token in a variety of ways, including,
but not limited to, malware attacks, denial of service attacks, consensus-based
attacks, Sybil attacks, smurfing, and spoofing. Furthermore, because the
platform is based on open-source software, there is a risk that a third party
or a member of the Company team may intentionally or unintentionally introduce
weaknesses into the core infrastructure of the platform, which could negatively
affect the platform and ARISTO token , including the utility of the Company for
obtaining services.
5. Risks Associated with Markets for ARISTO
token
If secondary trading of Tokens is facilitated by third party
exchanges, such exchanges may be relatively new and subject to little or no
regulatory oversight, making them more susceptible to fraud or manipulation.
Furthermore, to the extent that third-parties do ascribe an external exchange
value to ARISTO (e.g., as denominated in a digital or fiat currency), such
value may be extremely volatile.
6. Risk of Uninsured Losses
Unlike bank accounts or accounts at some other financial
institutions, ARISTO are uninsured unless you specifically obtain private
insurance to insure them. Thus, in the event of loss or loss of utility value,
there is no public insurer or private insurance arranged by Company, to offer
recourse to you.
7. Risks Associated with Uncertain Regulations and Enforcement Actions
The regulatory status of ARISTO and distributed ledger technology is
unclear or unsettled in many jurisdictions. It is difficult to predict how or
whether regulatory agencies may apply existing regulation with respect to such
technology and its applications, including the Company platform and ARISTO
token. It is likewise difficult to predict how or whether legislatures or
regulatory agencies may implement changes to law and regulation affecting
distributed ledger technology and its applications, including the platform and
ARISTO token. Regulatory actions could negatively impact the platform and
ARISTO token in various ways, including, for purposes of illustration only,
through a determination that the purchase, sale and delivery of ARISTO
constitutes unlawful activity or that ARISTO are a regulated instrument that
require registration or licensing of those instruments or some or all of the
parties involved in the purchase, sale and delivery thereof. The Company may
cease operations in a jurisdiction in the event that regulatory actions, or
changes to law or regulation, make it illegal to operate in such jurisdiction,
or commercially undesirable to obtain the necessary regulatory approval(s) to
operate in such jurisdiction.
8. Risks Arising from Taxation
The tax characterization of ARISTO token is uncertain. You must seek
your own tax advice in connection with purchasing ARISTO token, which may
result in adverse tax consequences to you, including withholding taxes, income
taxes and tax reporting requirements.
9. Risk of Competing platforms
It is possible that alternative platforms could be established that
utilize the same open source code and protocol underlying the platform and
attempt to facilitate services that are materially similar to the Company
services.
10. Risks Arising from Lack of Governance Rights
Because ARISTO token confers no governance rights of any kind with
respect to the Company platform , all decisions involving the Company’s
products or services within the platform or the Company itself will be made by
the Company at its sole discretion. These decisions could adversely affect the
platform and the utility of any ARISTO token you own, including their utility
for obtaining services.
11. Unanticipated Risks
Cryptographic tokens such as ARISTO are a new and untested
technology. In addition to the risks included in this Annex A of these Terms,
there are other risks associated with your purchase, possession and use of
ARISTO token, including unanticipated risks. Such risks may further materialize
as unanticipated variations or combinations of the risks discussed in this
Annex A of these Terms.
Further Information
For further information regarding the ARISTO sale, please contact ari@ariinv.com