STMI TOKEN SALE TERMS AND CONDITIONS
These terms and conditions of use govern and apply to the STMI product, marketed by the company Stakemine Solutions in Ore Tokenization Sociedade Anônima de Capital Variável, NIT 0614-210223-102-4, established at Rua Cuscatlán, 83 – Avenida Sur – Casa 4312 – Colonia Escalon, in the city of San Salvador, in the Republic of El Salvador.
By accepting these terms, the user agrees with all the terms and conditions of use described below, being aware that, when signing up, all their rights and obligations will be bound, making such rules and conditions of use essential for contracting the any services.
Thus, before accepting, make sure that you have understood and agreed with the entire content of these terms and conditions of use.
This document is not an investment solicitation and in no way refers to an offer of securities in any jurisdiction. This document describes the sale of STMI Token through the Platform called STMI.
STMI reserves the right to change the terms and conditions at any time and such changes will take effect immediately after being published on the website. By continuing to use the Website, the user accepts such changes. If the user does not agree with these terms and conditions, he must refrain from using the site and acquiring STMI Tokens.
By acquiring the STMI Token, to the extent permitted by law, you agree that none of the employees, directors, directors, contractors, consultants, shareholders, suppliers, service providers and their respective past, present and future employees, parent companies, subsidiaries , affiliates, agents, representatives, predecessors, successors and assigns are liable for any special, incidental or consequential damages or losses arising out of or in any way connected with the sale of STMI Token, including losses associated with the terms set forth below.
The user declares to have sufficient knowledge to operate with STMI, with no doubt or fact that could characterize their hyposufficiency in relation to it, having full and total enjoyment of their civil capacity, as well as being able to practice any and all necessary acts the validity of operations. The user should have sufficient understanding of the functionality, usage, storage, transmission mechanisms and complexities associated with cryptographic tokens such as Bitcoin and Ether, as well as Blockchain-based software systems in general. If any of the following terms are unacceptable to the user, the user must not purchase STMI Token.
STMI is not responsible for any direct or indirect loss of profits, loss of data or damage resulting from technical errors, failures, interrupted internet connection or the like.
The user declares that he is aware that STMI is not an investment consultant, but only a Token commercialization warehouse, having no responsibility for the use and investments made by the Users.
BUYER AGREES TO PURCHASE, AND COMPANY AGREES TO SELL, STMI TOKENS IN ACCORDANCE WITH THE FOLLOWING TERMS:
“Bitcoin” or “BTC” means digital currency and payment system using peer to peer transactions verified by network nodes and recording on a public distributed ledger called blockchain.
“User” is any natural or legal person adhering to this Term and who uses the Site to acquire STMI Token, as well as other services and information offered by STMI.
“Digital Currency” or “Cryptocurrency” is a digital currency or digital commodity that uses the principle of decentralization based on Blockchain network technology traded on the website.
“Blockchain” is a public and shared Ledger where all operations with cryptocurrencies are confirmed and registered.
“Loss” means damages, claims, claims, losses, injuries, delays, accidents, costs, business interruption, expenses (including, without limitation, attorneys’ or legal fees or the costs of any claim or proceeding), any incidental, direct, , indirect. general, special, punitive, exemplary, special or consequential damages, any loss of goodwill, profits or revenue or any other economic loss, any loss of cryptocurrency or digital assets, any work stoppage, loss of data, failure or malfunction of the computer, or any other commercial or other loss.
“Smart Contract” means the smart contract made for STMI located at: https://bscscan.com/token/0x4f824cc50b545cda8dd75b10163699e7bb0209bf and is the mechanism for distributing Payments to Token Holders as described in the Token White Paper.
“Token White Paper” means the document describing the Token, available on the website at https://stmi.io/.
“Services” means services for the sale of STMI Tokens.
“Site” means all subdomains and all their respective pages.
1.1 STMI reserves the right, at its sole and absolute discretion and without prior notice, to change, modify, add or remove features, or change any content on the website, block or restrict access to, or terminate, withdraw or suspend the use of the website or any part of the website. You will be deemed to have accepted and agreed to any change if you access or use the site after the change has been posted. The STMI company will not be liable for any loss that may be incurred as a result of such action.
1.2. STMI does not provide services in some locations, including the United States of America, Afghanistan, Bangladesh, Bolivia, Burma, Burundi, Central African Republic, China, Democratic Republic of Congo, Cuba, Ecuador, Eritrea, Guinea, Guinea-Bissau, Hong Kong, Iran, Iraq, North Korea, Kyrgyzstan, Lebanon, Liberia, Libya, Mali, Namibia, Nepal, Somalia, Sudan, Syria, Venezuela, Yemen and Zimbabwe.
1.3. The website may contain hyperlinks to websites that are not maintained or controlled by STMI. All hyperlinks to these sites are provided as a convenience to you. Your use of hyperlinks and access to these sites is entirely at your own risk. STMIs Company disclaims all responsibility and liability for any third party content contained on websites linked to the Site and shall not be liable for any loss arising from your accessing or using such websites.
1.4 The inclusion of any hyperlink does not imply endorsement by STMI of such sites. Under no circumstances will STMI be considered associated or affiliated in any way with any trademark or service mark, logos, insignia or other devices used or appearing on websites to which the Site is linked.
Conditions for Sale of the STMI Token
2.1. STMI is a token that allows its holders to diversify into investments aimed at the production and sale of commodities, a promising and ultra profitable market. Part of the token values will be directly invested in expansion and production in mining farms.
2.2. STMI tokens can be purchased, redeemed and transferred through the STMI Platform. STMI tokens are issued on a public Blockchain, so they can be transacted using third-party wallets.
2.3. The STMI token aims to bring any common person closer to entering the field of commodities (precious metals) without bureaucracy through the Tokenization process.
2.4. As token adoption and third-party wallet support increases, STMI tokens will be used in everyday activities such as paying bills, sending remittances, prepaying bank cards, and the future possibilities are endless.
2.5. The user will provide STMI with all the information and documentation necessary to allow acceptance of their STMI purchase on the Platform. The user declares himself fully responsible for the information inserted on the STMI Website, through the Registration, Account, Permissions, Passwords and mode of use. STMI, under no circumstances, will be responsible for the content (information, passwords, etc.) provided by the user.
2.6. The User undertakes civil and criminal obligations for providing all of his/her data (in an updated and complete form). The User is also aware that providing false information or undue use of data from third parties in one’s own name constitutes a crime, and the User is solely and exclusively responsible for responding to the competent authorities and any damage caused, exempting STMI from any and any liability whatsoever.
2.7. STMI may, at its sole discretion, request additional documents and information from Users for the purposes of register maintenance and that may be reasonably necessary for STMI to comply with its legal, regulatory and contractual obligations, including, but not limited to, , any obligation against money laundering.
2.8. The user declares to be old enough (if an individual) to legally obtain the STMI Token, as well as being aware of any other legal reason that prevents him from obtaining it.
2.9. When acquiring STMI Token, the user is aware that he is not making a regulated investment, as this term can be interpreted by the regulator in his jurisdiction.
2.10. The user declares not to obtain or use the STMI Token for any illegal purpose.
2.11. The user waives any right that he may have or obtain to participate in a class action or a wide arbitration against any entity or individual involved with the sale of STMI Token.
2.12. The acquisition of STMI Token does not involve the purchase or receipt of shares, property or any equivalent in any company, company or other public or private entity, existing or future, in any jurisdiction.
2.13. To the extent permitted by law, the STMI Company makes no guarantees, express or implied, regarding the future success of the STMI Token.
2.14. The user is responsible for all fiscal, tax and legal obligations arising from his operations and use of STMI services. Under no circumstances will STMI be liable for any taxes or obligations of the User.
2.15. STMI may, at its sole discretion, refuse any request for Registration and/or suspend/cancel an existing Registration, especially in the event of: (a) disobedience or violation of any provision contained in this Term; (b) impossibility of verification, incompatibility or inconsistency in the User’s identity data or verification of falsehood in any of the information provided; (c) practice by the User of fraudulent, intentional acts or the adoption of any behavior that, at STMI’s discretion, is incompatible with the objectives of the Site; (d) other situations that are at the discretion of STMI.
STMI Token Sale Overview
3.1. The STMI Token is a BEP20 standard BNB SMART CHAIN network decentralized smart contract.
3.2. Tokens acquired during the private sale can be claimed by holders for their external wallets.
3.3. STMI may impose fees on purchases or redemptions if it deems it necessary to cover trading costs and prevent token devaluation. The fee schedule will always be published on the STMI website.
3.4. STMI is a public token and therefore can be freely used by its holders and third parties. People and institutions such as exchanges, trading platforms and wallets can transact using the token.
3.5. STMI is not responsible for any issues arising from third-party transactions, as these occur outside its control.
4. Private Sale
4.1. The private sale will start on September 5, 2022.
4.2. During the private sale, willing investors will be able to purchase STMI tokens on the STMI platform, taking advantage of lower minimums, referral rewards and discounted fees.
4.3. Tokens acquired in private sale cannot be sent to brokers. This will only be possible after the official launch of the token.
5.1. The launch is scheduled for when the STMI token reaches the value of 1 US$, where the tokens will be released to all investors.
5.2. The value of the token on the official launch date will start at 1 US$ and will change in real time according to supply and demand.
6. STMI Token Sale Term
6.1. The private sale of the STMI Token starts on September 05, 2022.
6.2. STMI reserves the right to change sale dates or extend the duration of the private sale for any reason, including website unavailability or other unforeseen security or procedural issues.
6.3. The general public will be able to see the total number of STMI tokens sold on the STMI Platform. In the spirit of openness, STMI will constantly update the number of tokens sold on the website.
Taxation of the STMI Token
7.1. Each user is responsible for all fiscal, tax and legal obligations arising from their operations on the STMI Platform. Under no circumstances can the company be held responsible for any taxes or obligations held by the User.
9.1. The User declares that he is aware that he must take the necessary measures to carry out operations as safely as possible.
9.2. The User must use an e-mail from a reliable and secure server, with a strong, reliable password and of his exclusive knowledge, avoiding using the same password for other operations carried out on the internet.
9.3. Furthermore, any third party gaining access to such private keys, including gaining access to Platform login credentials, may be able to misappropriate your STMI tokens. Any errors or defects caused by or otherwise related to the digital wallet or vault you choose to receive and store STMI, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your Tokens.
9.4. Preferably, it is recommended that users have a unique email address for using the STMI Platform.
9.5. STMI, in turn, uses the most modern security measures in order to guarantee the protection of its data and that of its Users.
9.6. Each user is responsible for storing their password/PIN. In case of loss, in order to recover it, the user will need to indicate the e-mail registered in the system, as well as forwarding the documentation requested by the company, in a timely manner.
9.7. STMI may suspend services in whole or in part without prior notice to registered users in the event of theft of assets by hackers and other methods, as well as in cases of force majeure. If STMI, for its convenience, decides to suspend the provision of this service, it will notify registered users in advance.
9.8. Hackers or other malicious groups or organizations may attempt to interfere with the STMI Platform 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, as the platform is based on open source software, there is a risk that a third party or a member of the Company’s staff could, intentionally or unintentionally, introduce weaknesses in the platform’s core infrastructure, which could adversely affect the Platform. and STMI Token, including its utilities.
9.9. STMI assumes no responsibility for damages caused to registered users based on the Terms specified herein.
10. Force Majeure
10.1. Refers to Force Majeure events that occur beyond capabilities that may affect the execution of transactions, including, but not limited to: (a) Earthquakes, hurricanes, floods, landslides, volcanic eruptions and other natural catastrophes; (b) War, demonstrations, riot, terrorism, sabotage, embargo, and a general strike; (c) The economic policy of the Government directly affecting; (d) Over the years, STMI has been carrying out its obligations in accordance with the laws and regulations that apply with regard to the occurrence of Force Majeure, so the company will not indemnify or be liable in any way to any user or any other party for any risk, liability and any claim that may arise in connection with the delay and cannot be implemented due to Force Majeure obligations.
Disclaimer of Warranties
11.1. The user agrees and acknowledges that STMI or any member of the STMI team are not liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including, without limitation, loss of income ), income or profits, and loss of use or data, arising out of or in connection with any acceptance or reliance on either the White Paper, these Terms and Conditions or any part thereof by you.
Limitations Disclaimer of Liability
12.1. STMI does not make or intend to make, and hereby disclaims, any representation, warranty or commitment in any form to any entity or person, including any representation, warranty or commitment regarding the truth, accuracy and completeness of any information contained in the White Paper and these Terms and Conditions.
13.1. You and Company agree that if any part of these Terms is held to be illegal or unenforceable, in whole or in part, then such provision will, in relation to such jurisdiction, be ineffective only to the extent of such determination of invalidity or unenforceability without affecting the its validity or enforceability in any other form or jurisdiction and without affecting the remaining provisions of the Terms, which will continue to be in full force and effect.
Website access issues and restrictions
14.1. The services provided by STMI will be available exclusively through the Internet, and it is up to the User to use the necessary and appropriate equipment, such as computers, tablets and smartphones with duly licensed programs and applications (including antivirus).
14.2. Access to the Site is subject to drops, interruptions, delays and problems inherent to the use of the Internet, including when maintaining it (temporary unavailability, which will be previously informed on the Site).
14.3. STMI will not be responsible for any such interruptions, or for any User access problems, such as limitation of equipment or navigation software. In the same way, STMI will not be responsible for any virus that may attack Users’ equipment.
15.1. Cryptocurrency trading is a high-risk activity where prices can change significantly over time. Relative to price fluctuations, the asset value can be significantly increased or decreased at any time. All currencies, virtual or otherwise, have the potential to drastically change their value or even become meaningless/valueless. There is a high risk of loss as a result of buying, selling or trading in any market. STMI is not responsible for changes in the exchange variation of the value of cryptocurrencies.
15.2. To the maximum extent permitted by applicable laws, regulations and rules, STMI is not responsible for any indirect, special, incidental, consequential or other losses of any kind, whether in tort, contract or otherwise (including, but not limited to , loss of revenue, profit or profits, and loss of use or damages), arising out of or in connection with any acceptance or reliance on these Terms and Conditions.
15.3. As with other decentralized cryptographic tokens, STMI is susceptible to attacks by miners in the course of validating STMI transactions on the Blockchain, including but not limited to double-spend attacks, majority mining power attacks, and selfish mining attacks. . Any successful attack poses a risk to the STMI Platform and the STMI Token, including but not limited to the accurate execution and recording of transactions involving the STMI.
15.4. The regulatory status of the distributed ledger technology STMI Token is unclear or unstable in many jurisdictions. It is difficult to predict how or if regulatory agencies might enforce existing regulation regarding this technology and its applications, including the STMI Platform and STMI Token. Likewise, it is difficult to predict how or if legislatures or regulatory agencies might implement changes in law and regulation that affect distributed ledger technology and its applications, including the Platform and STMI Token. Regulatory actions may negatively impact the Platform and the STMI Token in several ways, including, for illustration purposes only, through the determination that the purchase, sale and delivery of STMI constitutes illegal activity or even that the STMI Token may become a regulated instrument requiring 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 in 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.
15.5. 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 assign an external exchange value to the STMI (eg, as denominated in a fiat or digital currency), that value can be extremely volatile.
15.6. Cryptographic tokens such as STMI are a new and untested technology. In addition to the risks included in these Terms, there are other risks associated with your purchase, possession and use of the token, including unpredictable risks. Such risks may further materialize as unforeseen variations or combinations of the risks discussed in these Terms.
Cooperation with legal authorities
16.1. The Company cooperates with all requests, subpoenas or requests by law, provided they are fully supported and documented by law in the relevant jurisdictions.
17.1. To the fullest extent permitted by applicable law, you will indemnify, defend and hold STMI harmless against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) arising out of or relating to: (a) your purchase and use of STMI Token; (b) your responsibilities or obligations under these Terms; (c) your breach of these Terms; or (d) your violation of any rights of any other person or entity.
17.2. The Company reserves the right to exercise exclusive control over the defense, at its 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 the user and the Company.
18.1. Currently, only English versions of any STMI communication are considered authoritative. The English version will prevail in case of differences in translation.
19.1. The Terms, the arbitration clause contained therein and all non-contractual obligations arising in any way arising out of or in connection with these Terms are governed, interpreted and enforced in accordance with the Laws of the Republic of El Salvador.
20.1. Any dispute or difference arising out of or relating to these Terms or the legal relationships established by these Terms, including any matter relating to their existence, validity or termination (“Dispute”), will be submitted to and finally resolved by the Jurisdiction of the Judgments of El Salvador (department from San Salvador).
User technical support
21.1. Technical support to the User will be provided via e-mail, which may be obtained through the STMI Platform Site.
22.1. In the event of non-compliance by the User with any provision of this “Terms and Conditions of Use”, STMI may declare it resolved in relation to the User, regardless of any interpellation, notice, notification or other formality, immediately interrupting the User’s access to the Site and its operations, without prejudice to any other rights granted to STMI, either by law or by this “Terms and Conditions of Use”.
22.2. The user declares and acknowledges that the services provided by the STMI Platform have been sufficiently described in the “White Paper” and in this “Terms and Conditions of Use”, as well as that STMI has duly fulfilled its duty to provide information.
22.3. This “Terms and Conditions of Use” does not imply the assignment or transfer to the User of any rights relating to the Site, or to any part of its content or characteristics. STMI reserves the right to demand, at any time, any and all documentation from the User necessary in order to safeguard the operations carried out by the Site, whereby the User, from now on, agrees to provide any and all documents when requested by STMI .
22.4. STMI is not responsible for the lack of declaration of operations to the competent authorities, mainly regarding the information that must be provided by the User in the Income Tax Declaration. In the same way, STMI is not responsible for any collection of taxes, fees and/or contributions that may be incurred in operations, as well as possible assessments/sanctions that the User may suffer from the competent authorities.
22.5. The User is aware that it is his sole and exclusive responsibility to declare his assets, profits and/or losses, as well as the consequences arising from these.
22.6. The User declares himself responsible, civilly and criminally, for all information and documents involving the operations on the Platform, further declaring that the money used for purchases of STMI Tokens, have a legal and declared origin, being strictly prohibited the use of Platform for committing crimes such as money laundering and currency evasion, the User being able to respond civilly and criminally not only before the authorities, but also before STMI for any damages and/or damages caused, including to the Company’s image.
22.7. The user acknowledges that the STMI Token must not be interpreted, treated or classified as: any type of currency other than cryptocurrency; debentures, shares or shares issued by any person or entity; rights, options or derivatives relating to such debentures, shares or shares; rights under a contract for differences or under any other contract the purpose or intended purpose of which is to secure a profit or avoid a loss; units in a collective investment scheme; units in a corporate trust; derivatives of units in a corporate trust; any other title or class of securities.22.8. It is prohibited for Users to modify or attempt to modify any functionality of the Platform, produce any derivatives of the Site or even access