Section 1 Disclaimer and indemnity
The purchaser shall, when purchasing a cryptomall token and a cryptomall coin, carefully examine the risks and expenses of purchase and any other disadvantages, and purchase cryptomall token and cryptomall coin based on his/her own investment decision.
This document is for informational purposes only and is not intended as an invitation to sell shares or securities of the company or its affiliates. The information and analysis presented in this document include forward-looking statements to help understand the plans, beliefs, and ideas on the future of cryptomall.. Neither of these statements shall be a basis for making investment decisions. Therefore, the description of this document does not guarantee future performances.
The forward-looking statements contained in this document contain known and unknown risks that may affect cryptomall and are subject to uncertainty.
Without limiting the foregoing, the company and the affiliates do not warrant that the purchasing process of cryptomall tokens and cryptomall coins is consistent or free of obstacles.
The information contained in this document is subject to change without notice.Section 2 Matters concerning restrictions on purchasers.
Citizens of a country or state residents prohibited from purchasing cryptomall tokens, cryptomall coins or similar tokens, or participating in token sale and other purchases under applicable law, cannot purchase cryptomall tokens and cryptomall coins.,Section 3 Privacy.
The purchaser of cryptomall coin or cryptomall token shall provide the company with necessary information needed for processing the purchase such as "name" and "e-mail address" (hereinafter called “personal information”). The company shall not disclose publicly such personal information without prior written consent of the purchaser.
Article 1 Collection and use of personal information
Article 2 Provision of personal information to third parties
The company shall not disclose or provide personal information to third parties except in the following cases:
In cases where it is necessary to outsource business processing to company's subcontractors
When the purchaser has agreed in advance
However, there may be exceptional cases where the company may have to disclose personal information to third parties based on legitimate reasons such as laws. (eg when requested by public institutions such as court or police)
Article 3 Management of personal information
The company will endeavor to prevent the leakage, loss, damage, etc. of personal information, and will properly manage personal information so that personal information is kept accurate and up to date.
Article 4. Management of subcontractors
When outsourcing business processing works that handle personal information to subcontractors, the company shall conduct appropriate management and guidance to avoid leak or secondary use of information.
Article 5 Disclosure, Correction and Deletion of Information Content
In the case where the purchaser requests to disclose, correct or delete personal information, the company shall promptly respond to such requests to the reasonable extent after confirming the identity of the person who made such request.Section 5 Disclosure of Risk.
Purchasing cryptomall tokens and cryptomall coins involves risks. The purchaser shall carefully evaluate the risks listed below, or consult attorneys, accountants, tax accountants, and other experts, to the extent necessary when there are matters the purchaser cannot understand.
Note that this document does not provide advices on economic, legal or tax aspects. Any other information the company provides should not be interpreted as economic, legal or tax advices.
Article 1 Uncertain risk on regulation.
Blockchain and cryptocurrency-related technologies are supervised and controlled by various regulatory bodies around the world. States opposing to the expansion of the use of crypto-currencies in commerce in their own country may issue regulations on the use of crypto-currencies. This may cause to limit the issuance, distribution and exchange of cryptomall tokens and cryptomall coins.
Article 2. Risks associated with the use of networks
Use of cryptomall and purchase of cryptomall tokens or cryptomall coins are recommended to be made only by individuals, entities or companies with ample experiences on use and full knowledge on complexity as regards to tokens and software systems based on the blockchain technology.
If the purchaser does not have required experience or expertise, it is recommended that he/she hires legal, economic and tax adviser(s) as regard to the purchase of cryptomall tokens and cryptomall coins.
Although the company will make best efforts to create liquidity for cryptomall tokens and cryptomall coins, the company cannot guarantee it. Even if the system developer constructs a system that can fulfill the service using global crypto-currencies, its value may be limited due to insufficient users, small amount of transactions, or various other factors .
Article 3 Risks Related to Legal Binding Power
cryptomall tokens and cryptomall coins are not publicly or legally binding investments of any kind. Therefore, the sale of cryptomall token and cryptomall coins has not been reported to the security supervisory authorities.
However, as official guidelines for blockchains and crypto-currencies are in the process of change, supervisory authorities may seek to expand the regulatory coverage on these sales.
Article 4 Tax Risks
The company does not provide any tax advice on the purchase of cryptomall token and cryptomall coins. Due to the uncertainty concerning the tax on crypto-currency transactions, they may be subject to income tax, value added tax, capital gains tax, other forms of taxes, or may not.
Article 5. Risk of capital regulation
Many legal jurisdictions impose restrictions on the outflow of capital across national borders. Even if the purchase of cryptomall token and cryptomall coins is not prohibited or restricted by laws and regulations in the purchaser's region at this time, it may become subject to capital control in the future.
If it becomes illegal to transfer tokens from domestic legal jurisdiction to overseas exchanges, the purchaser may be subject to fines or regulatory sanctions at his/her expenses.
Article 6 Rules on money laundering and terrorist financing.
The purchaser shall not conduct any illegal activities involving cryptomall tokens and cryptomall coins, including money laundering and terrorist financing.
These acts will not only hurt the reputation of cryptomall, but may also impair the distribution and transfer of tokens and lead to lose the purchaser’s own cryptomall tokens and cryptomall coins.
Article 7 Risks Based on External Factors
Hackers and other malicious individuals and organizations may interfere with the availability of contracts or tokens in various ways, including malware attacks, denial of service attacks, consent-based attacks, spoofing, or smurfing.
Technological innovations such as advancement in cryptography or development of quantum computer may pose dangers to blockchains and encrypted communications. These risks may also cause theft and loss of cryptomall tokens and cryptomall coins. .
Article 8 Risks in using new technology
Blockchain and crypto-currencies are new technologies. The company may face unexpected risks due to technical defects that are not currently discovered.
If the risks described in this document or any unexpected risks arise, not only will the value of cryptomall tokens and cryptomall coins be affected, there could be a case some or all of the token be lost.
Although blockchain is a valuable technology today, there is a possibility that advances in technology may affect cryptomall token and cryptomall coins and the value of the assets of the company’s project.
Article 9 Theft / Loss Risk
Unlike bank accounts of financial institutions, cryptomall tokens and cryptomall coins are not covered by insurance.
Therefore, even if a theft or a technical problem is discovered and the value of cryptomall tokens and cryptomall coins is lost, it will not be recovered at all. Relief, refund, compensation by a public insurance company like private insurance companies are not available either.
Article 10 Business Risk
In order to implement the business plan described in this document, sufficient funds are required. Depending on the level of fund needs, the company may sell cryptomall tokens and cryptomall coins or close the company’s project itself.
Blockchain and crypto-currency industry is new. Surveillance and supervision such as investigation and enforcement measures may be strengthened. As a result, if the company becomes subject to various public measures or if the company is required to rebuild the business, there is a possibility that the service may be suspended and it may cause a serious negative effect on the development of the projectSection 6 Representation by Purchaser
On purchasing cryptomall token and cryptomall coin, the purchaser shall express and warrant to the company the following:
Article1 Purchaser's authority and ability
The purchaser does not fall under the clause of "Restrictions on Purchaser” in Chapter 16, Section 2 and has the legitimate right and power to purchase cryptomall tokens and cryptomall coins.
Article 2 Understanding of purchase risk
The purchaser fully understands that there are risks mentioned in “Risk Disclosure" in Chapter 16 Section 5 and other risks and disadvantages not mentioned in this document and that the decision for the purchase of cryptomall token and cryptomall coin is based on his/her own responsibility.
Article 3 Proxy purchase not allowed
Purchase of cryptomall token and cryptomall coin is allowed by principals only and purchase is prohibited by third party's agents.
Article 4 Understanding the positioning
The purchaser confirms and agrees that cryptomall token and cryptomall coin do not fall under any form of securities in the purchaser's jurisdiction.
The purchaser acknowledges and agrees that the company’s promotion of cryptomall tokens and cryptomall coins is not intended to constitute solicitation of securities in the purchaser's area.
Article 5 Understanding of laws and regulations
The purchaser verifies and understands that purchase of cryptomall token and cryptomall coins is not prohibited or restricted by laws in the purchaser's area.
If the purchase or possession of cryptomall tokens and cryptomall coins is restricted, the purchaser will comply with all restrictions on his/her own expenses.
The company disclaims any responsibility for any damages or liabilities arising in connection with the Representation by Purchaser and any other risks and demerits, regardless of the reason. The purchaser is responsible for dealing with any disputes by themselves.Section 7 Cancellation, return and refund
Article 1 Cancellation is not accepted
The purchaser cannot cancel the purchase of “cryptomall token”. Return or request for refund of “cryptomall token” due to the reasons of the purchaser will not be accepted in whatever cases.
Article 2 Regulations on illegal financing.
After purchaser’s purchasing of “cryptomall token” or “cryptomall coin”, if the Company judges that there was certain illegality (money laundering, terroristic funding, etc.) in the intention of purchasing, the Company shall refund the full amount and shall not accept any purchase of “cryptomall token” or “cryptomall coin”.Section 8 About “cryptomall token”
Article 1 How will “cryptomall token” be sent?
We will send “cryptomall token” to those who have completed all the token-receipt procedures.
“cryptomall token” shall be sent in one shot after the token sales end.
The address to send “cryptomall token” shall be the wallet address specified by the purchaser of “cryptomall token”.Section 9 About lockup (freezing)
Article 1 What is lock-up (freezing)
"Lockup (freeze)" is a system that makes it is not allowed to sell or transfer distributed tokens for a certain period of time after listing.
“cryptomall token” shall be "locked up (frozen)" for a certain period of time after listing so that it will not be traded or transferred during that period. “Lock up release (freeze release)" shall be carried out during the period determined by the Company.
Article 2 About “Lock up release (freeze release)"
It is planed that the “lock up release (freeze release)" of “cryptomall token” shall take place during the 12 months after listing.
The portion of “cryptomall token” that are “lock up released (freeze released)" can be freely traded or transferred.