Terms and Conditions
TERMS & CONDITIONS
These terms and conditions apply to all uses and purchases of ownex. The company ownex.io will make a sale of cryptographic tokens, which may include one or more private sales components and one or more public sale components, as described in more detail in this document. The cryptographic tokens that will be generated and sold are based on the BEP20 token standard established by the Binance Foundation and will be called “OWNEX”. These tokens will be referred to here as “OWN”. The “OWN” token is not a guarantee or a financial instrument within the meaning of the Markets in Financial Instruments. “OWN” tokens are not a guarantee of any kind, and do not represent any right to vote, manage or share the profits of any entity (Except “BIGGEST 500” expr. Whitepaper V1.0). “OWN” tokens do not represent the ownership of any physical asset and will not be refundable.
The OWN tokens have a future use expected only as a utility token for the does not contemplate that there is an economic return for the purchase of the “OWN”. Tokens, and you should not buy “OWN” for any speculative purposes.
The participation in the sale of the “OWN” token must not have any expectation of benefits, dividends, capital gains, financial performance or any other return, payment or income of any kind. The purchase of “OWN” tokens carries a substantial risk that could lead to a loss, including a total loss, of the value or utility of the “OWN” token. There is no guarantee that the objectives will be achieved, or that the “OWN” tokens will always have or maintain value within the ecosystem of the https://ownex.io/
The information contained in these terms does not constitute a recommendation or constitute advice on the advisability of participating in the sale of OWN tokens. The information contained in these terms does not necessarily identify, or intend to identify, all the risk factors associated with the sale of “OWN” tokens. Participants must conduct their own independent evaluation, after conducting the investigations they deem necessary, in the int and rely on their accountingerest of participating in the sale of “OWN” tokens. Participants should consult representatives, legal and tax advisors to assess the economic, legal and fiscal consequences of purchasing an “OWN” token.
Participants must also investigate for themselves with respect to regulations within the countries of their nationality, residence, ordinary residence or domicile with respect to participation in the sale of “OWN” tokens, including, among others, restrictions or regulations related to (1) participate in the Sale/Presale and/or Initial DEX Offering of cryptographic tokens; (2) purchase, maintain, market or dispose of cryptographic coins / tokens or virtual currencies in general; or (3) the exchange or exportation of its applicable currency. The company does not offer to sell Tokens and does not request participation in the sale of “OWN”
Token in any jurisdiction or to any person who finds it illegal to make such an offer or request in that jurisdiction. These terms are valid as of the date indicated above. The above terms may already be invalid. Ownex.io does not guarantee updating the information contained in these terms and is not responsible for events or circumstances subsequent to the date of the same.
PLEASE READ THE TERMS CAREFULLY BEFORE CONTINUING.
ONCE YOU BEGIN USING THE SERVICE OR BUYING THE TOKENS, YOU ARE OBLIGATED BY THESE TERMS.
In addition to the above terms and more detailed terms that are explained below, the following conditions apply:
– I confirm that I am over 18 years of age and that I am not subject to any restrictions to use the website and participate in the sale of “OWN” tokens or perform cryptocurrency operations according to applicable law.
– I confirm that I have never been involved in any illegal activity, including, but not limited to, money laundering and terrorist financing activities, and I will not use the website for any illegal activity.
– I confirm that I only control the address and/or the cryptocurrency purse used for the contribution in the sale of tokens and I do not act on behalf of any third party and I do not transfer control of the aforementioned address to third parties before receiving the “OWN” tokens or have moved them out of our wallet system.
– I confirm that I assume full responsibility for compliance with all local laws, rules and regulations.
1.1. Account: online account created by the user on the website.
1.2. Blockchain: type of ledger distributed, composed of immutable data and digitally recorded in packages called blocks.
1.3. OWN: virtual currency tokens created by the Company, called Ownex (OWN).
1.4. Cryptocurrency: is a digital asset designed to function as a means of exchange through the use of cryptography to secure transactions and control the creation of additional units of currency.
1.5. Services: any service provided by Ownex, including services available to registered users on the website.
1.6. Smart contract: means the intelligent contract of Binance.
1.7. Presale: the sale of something before it is completed or available.
1.8. Portfolio: any type of portfolio used for the storage of cryptocurrencies.
1.9. Whitepaper: the document located on the website that contains the information of the Ownex launch, and roadmap and the development.
2. SCOPE OF THE AGREEMENT
This Agreement establishes the terms and conditions for participation in the Sale/Presale and/or Initial DEX Offering and the use of the OWNs.
3. ACCEPTANCE AND CHANGES TO CONTRACT
3.1. Your access and use of the website and/or any service is subject exclusively to this Agreement.
3.2. This Agreement becomes effective at the time you register or purchase tokens on the website; Or if you continue to use the services or the website after accessing them.
3.3. Ownex.io may change, amend, delete or add to this Agreement any of the terms and conditions contained in the policies or rules governing the website and/or services at any time and at its sole discretion without prior notice. Any change of this type will become effective as of the publication of the revised Agreement or of those policies and rules on the website and you are solely responsible for reviewing said notice and the corresponding changes to the Agreement. Your continued use of the website and/or services after any revision of the
Agreement or such policies and rules will constitute your acceptance of such changes. If you do not agree to such changes, do not continue to use the website and/ or services.
3.4. Ownex.io may at any time change or delete (temporarily or permanently) the website, services and your website information without indicating the reasons for such change or deletion and you confirm that ownex.io will not be responsible before you for any change or elimination.
3.5. OWN is an unregulated virtual currency. If there are regulations imposed with respect to OWN and the virtual currencies, the cryptocurrencies, the terms and conditions of this Agreement and/or conditions related to the use of the OWN may be significantly modified by the Company to comply with said regulatory requirements.
3.6. The use of the website and/or services is limited to persons who are 18 years of age or older and who can legally enter into contracts in accordance with applicable law. If you are under 18, you must send us and prove a written consent from your guardians to use the website and/or services.
4. YOUR ACCOUNT
4.1. If you want to start using the website and/or services, you must register on the website.
Once you agree to be bound by this Agreement and complete the registration form, ownex.io will establish an account for you and provide you with the unique login ID and password. Ownex.io has the right to refuse to register without indicating the reasons.
4.2. For the purpose of identification, you may be asked to provide a copy of your passport or identification card, a bank statement, an extract of your credit card, an invoice for any tax or public service of the City Council or the tax authority of your country or an electricity, water, gas, telephone or Internet bill and any other information required by ownex.io. The particular documents that must be sent will be specified in the notification addressed to you. Ownex.io may also ask you to provide the necessary documents to perform your background check or verification of the information provided.
4.3. Ownex.io reserves the right to suspend the use of the account until its identity is completely verified.
4.4. You are solely responsible for maintaining the confidentiality of your account information, including unique login identifier and password, and its use. It is your responsibility to save your password. Sharing your password with a third party constitutes a violation of this Agreement.
We recommend that you never share or disclose your account information with anyone, create a complex and secure password, change your password from time to time, always close the session when you finish using the account. Any loss that occurs as a result of negligent security practices by you, will not be the responsibility of ownex.io, its partners, directors, associates or employees.
4.5. You confirm that in the register on the website you entered the correct data about you and that later, when you change or add other data to the account, you will only enter correct data.
The user will assume the losses that occur with respect to the sending of invalid/incorrect data.
You unconditionally guarantee that any information, data and/or content that you provide will be:
(i) correct, accurate and not misleading; ( ii ) will not infringe the intellectual property rights of ownex.io or third parties, such as copyrights, patents, trademarks, trade secrets or other
proprietary rights, publicity or privacy rights; ( iii ) will not violate any law, statute or regulation;
( iv ) will not be defamatory, and (v) will not create liability for ownex.io.
4.6. You must not use the website and/or services for any purpose that is illegal or prohibited by this Agreement and the legal requirements. Your registration on the website implies your acceptance and the guarantee that, when using the services, you will act honestly and, in a manner, satisfactory to your interests and those of the ownex.io Team. Ownex.io has the right to restrict your use of the website and/or services, without prior notice, if you use the website and/or the services in an illegal or other unaccepted manner.
5. REQUIREMENTS FOR PARTICIPATION
5.1. Before taking any action with respect to participation in the Sale/Presale and/or Initial DEX Offering, you should read and understand: (1) this Agreement and references (2) Whitepaper and other information published on the website by the Task ownex.io; (3) the terms and conditions indicated in this Agreement;
(4) the website; and (5) other relevant documents and information published by ownex.io. The documents identified above are incorporated as integral parts of this Agreement. You will refrain from purchasing any OWN until you understand and accept the documents identified above. By participating in the Sale/Presale and/or Initial DEX Offering, you acknowledge and expressly declare that you have carefully reviewed the aforementioned terms and conditions, that you fully understand the risks, costs and benefits associated with OWN and that you agree to be bound by these terms and conditions.
5.2. You must meet certain participation requirements established on the website to participate in the Sale/Presale and/or Initial DEX Offering. You will participate in the Sale/Presale and/or Initial DEX Offering only within the period and in the manner established on the website.
5.3. In addition to the participation requirements established on the website, you must represent, justify, acknowledge and accept that: (a) you are of sufficient age (minimum 18 years) to participate in the Sale/Presale and/or Initial DEX Offering and have full legal capacity in accordance with the laws of the jurisdiction where you are domiciled; (b) is legally permitted to participate in the Sale/Presale and/or Initial DEX Offering and is legally authorized to receive and maintain cryptocurrencies and tokens; (c) your participation in the Sale/Presale and/or Initial DEX Offering is voluntary and based on your own independent judgment without being coerced, solicited or deceived by anyone; (d) has sufficient knowledge about cryptocurrencies, cryptographic tokens, cryptographic protocol and blockchain technology ; (e) you do not intend to use OWN for any speculative, illegal or unethical purpose, including, but not limited
to, speculative investment; (f) does not intend to unduly use OWN for money laundering or any illegal activity; (g) you assume sole responsibility for the restrictions and risks associated with participation in the Sale/Presale and/or Initial DEX Offering, the receipt and maintenance of OWN, in accordance with the references of this Agreement, as well as the consequences of any other applicable law; (h) you participate in the Sale/Presale and/or Initial DEX Offering to facilitate the development, testing, implementation and operation of ownex.io products and services ; (i) the results proposed in the Whitepaper may not be achieved; (j) OWN may not provide the expected rewards; (k) participating in the Sale/Presale and/or Initial DEX Offering, receiving and maintaining OWN does not grant any ownership rights with respect to the token, nor does it provide the decision-making power, including the development, governance, rules of conduct or performance of Ownex; (l) will not pirate, interfere, interrupt, disable, overburden or impair the proper functioning of the website, will not violate or attempt to violate the security of the website; (m) will not access information or data to which you do not have authorization to access; (n) will promptly provide Ownex, any additional information that Ownex.io considers necessary to provide its services on the website; (o) will ensure that any information or content published, or allowed to be published on the website, will not be confidential or will not be your property unless expressly stated otherwise, and will not be offensive or illegal in any jurisdiction and will be responsible for all information or content; (q) your purchase of OWN is done on your own and is not made in anticipation of an additional distribution of OWN to others; (r) you are buying OWN to use the ownex.io services, not to speculate on their value; (s) by participating in the Sale/Presale and/or Initial DEX Offering or
by receiving and maintaining OWN, you acknowledge and agree that you fully understand that OWN may experience volatility in prices and liquidity, and that, to the extent permitted by applicable law, you agree that ownex.io and any of its affiliates cannot be responsible for any loss arising from its participation in the Sale/Presale and/or Initial DEX Offering; (u) all representations, warranties and acknowledgments set forth in this clause are true and accurate.
5.4. You will only participate in the Sale/Presale and/or Initial DEX Offering through the ownex.io Team.
5.5. If the purchase, sale and use of cryptocurrencies and/or tokens, participation in the Sale/Presale and/or Initial DEX Offering and/or other transactions indicated in this Agreement is not legal in your country (whether citizen, resident and/or tax resident of that country) and/or such transactions can be considered as securities, securities trading, initial public offering, crowdfunding or similar, is obliged not to participate in the Sale/Presale and/or Initial DEX Offering, not to use the website and not to use or buy OWN. Failure to comply with local laws may result in the loss of your account and any assets contained in it.
5.6. Ownex.io reserves the right to refuse the sale of OWN to any person who does not meet the criteria necessary for its purchase, as established in this Agreement, the website and the applicable law.
5.7. You understand and agree that the purchase and sale of cryptocurrencies and tokens of any kind (including OWN) involves a risk. Due to constant price fluctuations, you can increase or lose value in your assets at any time.
6. CONDITIONS OF THE INITIAL DEX OFFERING
6.1. Ownex.io is the company that owns the OWN token, and which will make an Sale/presale/Initial DEX Offering of tekens. The offer will be a utility token known as an OWN token. The funds raised by Ownex will be used for the development of the project in cooperation with other companies
6.2. After the Sale/Presale and/or Initial DEX Offering, ownex.io will issue tokens in the Binance Chain operated by an intelligent contract and following the BEB20 protocol.
6.3. The Sale/Presale and/or Initial DEX Offering may be be carried out in some phases: sale/Pre-Sale and ICO Sale.
6.4. Advance sales can be made before the sales phases.
6.5. The number of OWN tokens that a user can buy is not limited.
6.6. The conditions of the Sale/Presale and/or Initial DEX Offering are indicated in more detail on the website, which are an integral part of this Agreement and you agree to be bound by them. To the extent that the conditions of the Sale/Presale and/or Initial DEX Offering indicated in this chapter 6 of the Agreement conflict with the website, the website will prevail.
6.7. The OWN emission will be carried out through the ownex.io website. By participating in the Sale/Presale and/or Initial DEX Offering, you agree to be bound by all the terms and conditions established on the website. Failure to follow the Sale/Presale and/or Initial DEX Offering instructions on the website may limit, delay or prevent you from purchasing OWN.
6.8.OWN will be available for purchase only during the planned phases of the Sale/Presale and/or Initial DEX Offering as indicated in this Agreement, the Whitepaper and the website.
6.9.OWN will be available in the ownex.io portfolio. Ownex.io may, at any time, at its own discretion, decide to transfer the OWN storage to any other portfolio.
7. RIGHTS AND ATTRIBUTES OF OWN
7.1. OWN is not an investment value and the Sale/Presale and/or Initial DEX Offering will not imply the issuance of any fiduciary currency, securities (either equity or other securities), derivative financial instruments or any other type of investment certificate. OWN is not reimbursable, nor is it associated with financial performance, nor is it backed by any underlying asset or repurchase commitment and does not necessarily have market prices or peer-to-peer transactions. OWN does not represent any type of investment contract. You cannot participate in the Sale/Presale and/or Initial DEX Offering in order to invest or speculate, or to obtain any benefit. Under this Agreement, ownex.io does not provide, offer or exchange securities, investment contracts or any other type of financial instrument that the law may consider as a security.
7.2. OWNs are cryptographic tokens created, allow access to products, services and benefits associated with ownex.io. However, there are no guarantees that its use or future value can be zero.
7.3. You cannot expect OWN gains and you will have no expectation of profit for the future success of the ownex.io business and/or the efforts of ownex.io or other people. The value of OWN depends on your active participation in its use and promotion.
7.4. The Sale/Presale and/or Initial DEX Offering is not a crowdfunding, or an initial public offering and you cannot participate in the Sale/Presale and/or Initial DEX Offering with a view to crowdfunding or the initial public offering.
7.5. OWNs are not actions of ownex.io. OWN does not represent ownership interest or grant ownership, control and voting rights in ownex.io, nor does it grant any right to receive a portion of the ownex.io earnings.
7.6. OWN does not give you any intellectual property rights with respect to ownex.io and its products and services.
7.7. Ownex.io may, unilaterally, at its own discretion, make decisions about the expense, investment and use of the funds received during the Sale/Presale and/or Initial DEX Offering.
7.8. It is not required that ownex.io, consult or coordinate with you regarding your activities and/or decisions. It will have no influence on the development or governance of ownex.io.
7.9. OWN holders cannot request an audit of ownex.io and their business, or an investigation of the ownex.io activities.
7.10. OWN can be used for payments and other transactions associated with cryptocurrencies.
7.11. Ownex.io is not obligated to reimburse OWNs in any case.
8.1. You agree that you are solely responsible for determining the amount of any taxes you may owe as a result of this Agreement, the Sale/Presale and/or Initial DEX Offering, the OWN and the use of OWN, and you are solely responsible for collecting, reporting and remitting any tax that may be required of you. The law applicable to you. You must declare, bear and pay all taxes, fees and surcharges that may be imposed by the laws and regulations of any jurisdiction as a result of or in connection with the receipt, possession, use, purchase, appreciation or trade of OWN (it does not matter if it was acquired when participating in the Sale/ Presale and/or Initial DEX Offering or if it was acquired in another way). You acknowledge and accept that ownex.io has no responsibility to collect, report or remit applicable taxes in connection with this Agreement, the Sale/Presale and/or Initial DEX Offering and the use of OWN.
8.2. You will be solely responsible for all fines, claims, penalties, liabilities or taxes related to taxes arising from your failure to pay, improper payment or late payment of any applicable taxes.
Ownex.io does not provide advice or take responsibility for the tax implications of any jurisdiction.
9.1. No refunds will be made with respect to the purchase and use of OWN for any reason, including, but not limited to, the loss of your OWN due to technical reasons, errors, portfolio malfunction, transaction failures, etc. All OWN are and are sold without any guarantee.
9.2. By participating in the Sale/Presale and/or Initial DEX Offering, you confirm that you have read and understand our no refunds policy and that all purchases are final and non-refundable, and that ownex.io is not required to provide a refund for any reason and you will not receive any money nor any other compensation.
10. KYC AND AML POLICY
10.1. Ownex.io reserves the right to carry out the procedure of “knowing your customer” and any other type of due diligence at any time (even after the closing of the Sale/Presale and/or Initial DEX Offering). If ownex.io discovers that your purchase of OWN violates this Agreement against money laundering, anti-terrorism financing or other regulatory requirements, your purchase of OWN under the Sale/Presale and/or Initial DEX Offering will be invalid retroactively and ownex.io will have the right to immediately terminate his contract, deny his access to the Sale/Presale and/or Initial DEX Offering, refuse the delivery of any OWN and request the return of any OWN delivered, regardless ofany payment he may have made.
10.2. You may be asked to provide certain personal information to ownex.io, including your name, address, telephone number, email address, date of birth, identification document, passport, utility bills, Proof of the source of funds, etc. Ownex.io may also require you to
answer certain questions or take certain steps to verify your identity or comply with applicable law. By submitting this personal information, you verify that the information is accurate and authentic, and agree to update it if the information changes. You hereby authorize ownex.io to directly carry out any consultation that we consider necessary to verify your identity and/or information of your account.
10.3. The use of OWN is subject to international export controls and economic sanctions requirements. By purchasing OWN, you represent and warrant that your purchase corresponds to the use of the item and that it will meet those requirements. Without limiting the foregoing, you may not acquire OWN if you are on a sanctions list or if you intend to use OWN in association with any person or entity that is on the sanctions list.
11.1. Before deciding to participate in the Sale/Presale and/or Initial DEX Offering, you must read, understand and carefully consider or seek legal advice on the risks described below, in addition to all the information indicated in this Agreement, the Whitepaper, the website or any other place. Participation in the Sale/Presale and/or Initial DEX Offering implies that you have accepted all the risks described in this Agreement.
11.2. The price of OWN can experience extreme volatility. The cryptographic tokens or cryptographic currencies have shown extreme price fluctuations over short periods of time on a regular basis. You must be prepared to accept similar fluctuations in the value of OWN. These
fluctuations are due to market forces and represent changes in the balance of supply and demand. Ownex.io cannot and does not guarantee any market liquidity for OWN. In addition, due to different regulatory requirements in different jurisdictions, the liquidity of OWN can be markedly different in different jurisdictions.
11.3. Although some of the cryptographic tokens or cryptocurrencies may have been relatively stable, their values may decrease significantly in the future, which may deprive ownex.io of enough resources to continue operating.
11.4. The cryptocurrencies are being, or may be, scrutinized by the regulatory authorities of several jurisdictions. The ownex.io Team may receive inquiries, warnings, requests or judgments from one or more regulatory authorities from time to time, or may even be ordered to suspend or interrupt any action in relation to its activities, and maybe affected for one or more regulatory inquiries or regulatory actions , which could impede or limit the ability of the ownex.io Team to conduct business. The development, marketing and/or promotion ownex.io can be seriously affected, hindered or terminated.
11.5. Advances in cryptography, code deciphering or technical advances and the development of quantum computers could present risks for all cryptocurrencies, including OWN. This could conclude with the OWN, loss, disappearance, destruction or devaluation of OWN. It is impossible to predict the future of cryptography or the future of security innovations in a way that allows ownex.io to guide accurately the development of OWN considering these unpredictable changes in the domains of cryptography or security.
11.6. ownex.io cannot guarantee that the software used by ownex.io is free of errors. It may contain certain faults, errors and defects, which may disable some features for users, expose the information of users or others. Such failure would compromise the usability and/or security of OWN and, therefore, would have an adverse impact on the OWN value.
11.7. Binance Chain is an open source project supported by the community. Ownex.io does not lead the development, commercialization, or operations of Binance. Anyone You can develop a patch or update the BEB20 source code without prior authorization from anyone else. The temporary or permanent existence of bifurcated blockchains could adversely affect the operation and market value of OWN and, in the worst case, could ruin the sustainability of OWN.
11.8. The BEB20 source code and the software used by ownex.io could be updated, modified from time to time by the developers and/or the Binance community. No one can anticipate or guarantee the exact result of such update, change, alteration or modification. As a result, any update, modification, alteration could lead to an unexpected or undesired result that adversely affects the operation or the market value of OWN.
11.9. The blockchain is based on open source software. Regardless of the effort of ownex.io to keep the blockchain secure, anyone can, intentionally or unintentionally, introduce weaknesses or errors in the central infrastructural elements of ownex.io. Therefore, this could result in the loss of OWN that you have.
11.10. The loss or destruction of a private key required to access the OWN wallet may be irreversible.
You need to protect private keys related to your own OWN portfolios. To the extent that such a private key is lost, destroyed or compromised in some other way, neither ownex.io nor anyone else can access related OWN.
11.11. OWN is not a currency issued by any individual, entity, central bank or national or supranational organization. The circulation and commercialization of OWN in the market depends on the consensus on its value among the relevant market participants. No one is obligated to exchange or buy any OWN from any user or owner of OWN. Nor does anyone guarantee the liquidity or market price of OWN in any way. Ownex.io has no control over OWN’s market price or liquidity once it starts trading in the market.
11.12. It is possible that ownex.io products or services or OWN are not used by many people, companies and other organizations, and that there is a limited public interest in the creation and development of their functionalities. Such lack of interest could affect the development of the ownex.io business.
11.13. The company, as it is developed, may not meet your expectations. You acknowledge that ownex.io is currently in development and may undergo significant changes before its release. It also recognizes that any expectation regarding the form and functionality of ownex.io may have for you may not be fulfilled at its launch for any reason, including a modification in the design and implementation plans and implementation of ownex.io.
11.14. You understand and agree that hackers or other groups or organizations may attempt to steal OWN or interrupt or otherwise cease the business or the use of OWN by the company.
11.15 Except for historical information, there may be matters in this Agreement, the website, the Whitepaper or in any other place that are forward-looking statements. Such statements are only predictions and are subject to inherent risks and uncertainty. Forward-looking statements, which are based on assumptions and estimates and describe the plans, strategies and future expectations of ownex.io are generally identifiable by using the words ‘anticipate’, ‘believe’, ‘estimate’, ‘plan’ ‘,’ wait ‘,’ try ‘,’ search ‘, or similar expressions. You are cautioned not to place undue reliance on forward-looking statements. By its nature, forward-looking information implies numerous assumptions, inherent risks and both general and specific uncertainties that contribute to the possibility that such predictions and forecasts will not occur. These risks and uncertainties include factors and risks specific to the industry in which ownex.io operates, as well as general economic conditions and current exchange rates and interest rates. The performance or actual events may be substantially different from those expressed or implied in those statements. All forward-looking statements attributable to ownex.io or persons acting on behalf of ownex.io are expressly qualified in their entirety by the warning statements in this section. Except as expressly required by applicable law, ownex.io assumes no obligation to update or publicly review any forward-looking statements provided in this publication, whether as a result of new information, future events or otherwise, or risks that affect this information. Neither ownex.io, nor its employees or any person named in this Agreement, the website, the White Paper, or any person involved in the
preparation of this Agreement, the website or the White Paper, makes any representation or warranty (express or implied ) regarding the accuracy or probability of compliance with any forward-looking statement, except to the extent required by law.
11.16. The Internet industry is composed of several participants and is subject to rapid changes and the competition facing ownex.io with other organizations, some of which may have greater financial, technical and marketing resources. Increased competition could result in underutilization of employees, reduction of operating margins and loss of market share. Any of these situations could negatively affect the business, operating results and financial situation of ownex.io. There is a possibility that the fundamental business model does not achieve any traction due to a new competitor or the emergence of a similar solution or that the general public does not see it as part of its future.
The objectives and the business valuation inherent in the website, the technical document or any other place are based on the personal experience of the company ownex.io. It cannot be guaranteed that they reflect the real reality of the opportunity or that they can compete successfully against current or future competitors. You are advised to seek professional advice when evaluating the understanding of ownex.io business model metrics and projected returns and values as presented by the directors in this Agreement, the website, the Whitepaper or elsewhere.
11.17. You acknowledge and agree that under no circumstances ownex.io will be responsible for any loss arising from your participation in the Sale/Presale and/or Initial DEX Offering,
receipt and possession of OWNs , or use of the website and ownex.io will be released by you from liability for any loss.
12. PROHIBITED ACTIVITIES
12.1. You are prohibited from violating any law, statute, ordinance or regulation in our registered jurisdiction, as well as in your country or residence.
12.2. You cannot use your OWN to participate in the following categories of prohibited activities and confirm that you will not use OWN to perform any of the following actions:
12.2.1. Participate in a transaction that involves any illegal activity;
12.2.2. Defrauding or attempting to defraud ownex.io;
12.2.3. Provide false, inaccurate or misleading information;
12.2.4. Infringe the intellectual property rights, patents, trademarks or intellectual property of ownex.io or of third parties;
12.2.5. Carry out any action that imposes an unreasonable or disproportionately large load on the ownex.io infrastructure, or negatively interfere with, intercept or expropriate any system, data or information;
12.2.6. Transmit or upload any material to the website that contains viruses, trojans, worms, malware or any other harmful or harmful program;
12.2.7. Attempt to obtain unauthorized access to the website, computer systems or networks connected to the website, by extracting passwords or any other means;
12.3. Ownex.io always reserves the right to monitor, review, retain and/or disclose any information that is necessary to satisfy any applicable law, regulation, legal process or governmental request. Ownex.io reserves the right to cancel and/or suspend your account and the use of OWN immediately and without prior notice if we determine, in our sole discretion, that your account and the use of OWN are associated with prohibited use and/or a prohibited business and/or illegal activity under applicable law.
13. LIABILITY AND INDEMNITY
13.1. You are responsible for the actions taken when participating in the Sale/Presale and/or Initial DEX Offering, using the website and the OWN.
13.2. You acknowledge that participating in the Sale/Presale and/or Initial DEX Offering, purchasing OWN and using OWN involves risks and will not hold ownex.io responsible for the profits or losses incurred as a result.
13.3. By participating in the Sale/Presale and/or Initial DEX Offering or receiving and retaining OWN, to the extent permitted by applicable law, you agree that ownex.io and other parties (including, among others, managers, employees, consultants) may not be responsible for any loss (including, without limitation, indirect, special, incidental, consequential, damages or loss of benefits) arising from your participation in the Sale/Presale and/or Initial DEX Offering or from which you own and maintain OWN.
13.4. You understand and agree that ownex.io will not be responsible and will not accept any liability or obligation, for any change in the value of OWN. You understand and expressly
accept that ownex.io will not guarantee in any way that OWN can be sold or transferred during or after the Sale/Presale and/or Initial DEX Offering.
13.5. OWNs are provided “as is” and without any warranty of any kind, either express or implied. You assume all responsibility and risk with respect to your participation in the Sale/Presale and/or Initial DEX Offering and the use of the website and the purchase of any amount of OWN and its use.
13.6. You understand and acknowledge that the services are provided to you “as is” and “as available” without warranty of any kind and specifically waive any and all warranties, express or implied, including, but not limited to, the implied warranties of warranty marketing or suitability for a particular purpose. Ownex.io does not guarantee continuous, uninterrupted, error-free or secure access to any part of the Sale/Presale and/or Initial DEX Offering, the website or our services.
13.7. To the extent permitted by applicable law, you must indemnify and defend ownex.io or any of the subsidiaries, affiliates, partners, directors, employees, agents, advisors, service providers, vendors, distributors, licensors, authorized successors and assigns of and against any claim, damages, losses, judgments, actions, demands, procedures, payments, responsibilities, costs, fines, taxes, including the amount paid in the liquidation of any claim, action, demand or procedure and the fees and expenses incurred by attorneys to obtain advice with respect to, or in defense or resolution, any claim, action, suit or proceeding of any kind or nature.
13.8. In the event that ownex.io or its subsidiaries, affiliates, directors, employees, agents, advisors, service providers, vendors, distributors, licensors, successors and authorized assigns face legal action as a result of your actions, you agree to cover any damage, including legal fees, incurred by ownex.io.
13.9. You hereby expressly agree that, to the maximum extent permitted by applicable law, ownex.io assumes no liability for any damage or loss, including loss of business, income or profits, or loss or damage of data. , equipment or software (direct, indirect, punitive, real, consequential, incidental, special, exemplary or otherwise), resulting from any use or impossibility of using the website and/or OWN, or material, information, software, facilities, services or content of the website, from the purchase of the tokens or their use by the user, regardless of the basis on which the responsibility is claimed and even if ownex.io has been informed of the possibility of such loss or damage.
13.10. You understand and accept that it is your obligation to ensure compliance with any legislation relevant to your country of residence with respect to participation in the Sale/Presale and/or Initial DEX Offering, use of the website and use and purchase of OWN and that ownex.io should not accept any responsibility for the illegal or unauthorized use of the website and the use and purchase of OWN.
13.11. The content and services provided by ownex.io are for informational purposes and are not intended to provide legal, financial, tax, accounting or investment advice. We assume no responsibility for the information provided by our employees, directors or affiliates, regardless
of their accuracy. Any action you take is your decision, and you exempt ownex.io from any liability for any outcome that may occur.
13.12. The website, the Whitepaper and other documents may include forward-looking statements. Often, but not always, forward-looking statements can be identified by using words like “believe,” “wait,” “do not wait,” “expect,” “objectives,” “prospects,” “plans,” , “Programmed”, “estimated”, “forecast”, “pretends”, “anticipates” or “does not anticipate”. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of ownex.io. They are substantially different from any future results, performance or achievements expressed or implied in the forward-looking statements. You must not place undue reliance on such forward-looking information. By its nature, prospective information implies numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that predictions, forecasts and other forward-looking statements may not occur. By participating in the Presale and/or Initial DEX Offering, receiving and maintaining OWN, or using the website, you acknowledge and agree that you understand and accept the risks of this clause 13.12, and to the extent permitted by applicable law, you agree that FlowCom is not responsible for any loss arising from your participation in the Sale/Presale and/or Initial DEX Offering, that you receive or possess OWN or use of the website, or that is related in any way to it.
14. FORCE MAJEURE
Ownex.io will not be responsible in any way for delays and failures in the performance or interruption of the service that result directly or indirectly from any cause or condition beyond our reasonable control, which includes, among others, any delay or failure due to any act of force majeure, actions of civil or military authorities, terrorism, civil unrest, war, strike or other labor conflict, fire, interruption in telecommunications of Internet services or network provider, equipment failures and/or software, another type of catastrophe or any other event that is beyond our reasonable control and will not affect the validity of the enforceability of the remaining provisions.
15. DISCLAIMERS AND EXEMPTIONS
15.1. You must accept the website and the Sale/Presale and/or Initial DEX Offering “as is” with defects if any and without any representation or warranty, express or implied, including without limitation any implied warranty of accuracy, integrity, quality, marketability, suitability for a certain purpose or non-infringement.
15.2. The website and the technical document are not intended to contain all the information you may need. In all cases, you must carry out your own investigation and analysis of ownex.io and your business, and of the data contained in the website and the technical document.
15.3. Ownex.io makes no representations or warranties as to the accuracy or completeness of the information contained on the website and the technical document. In addition, ownex.io will have no responsibility with the recipient or any person as a result of the trust in the
website and the technical document to determine their participation in the Sale/Presale and/or Initial DEX Offering and the use of OWN.
15.4. You must rely on your own investigation of all information indicated on the website and in the Whitepaper, and ownex.io will not grant or make any statement or provide any guarantee as to the accuracy or completeness of such information.
15.5. Ownex.io makes no representation about the underlying value of OWN.
15.6. The website and the technical document are prepared only for your general information. It is not intended as a recommendation to participate in the Sale/Presale and/or Initial DEX Offering and/or its use.
16.1. You are responsible for maintaining the confidentiality and security of your account identifier and password and accept responsibility for all activities that occur with your account or password. You must notify ownex.io immediately if your username or password has been violated or compromised.
16.2. It is also responsible for maintaining the proper security and control of each and every one of the identification numbers, private keys or any other code that you use to access the website and/or use OWN.
16.3. You agree not to hold OWN responsible for any loss arising from, or in any way related to, your lack of security and confidentiality of your account information, email address,
password, private codes and any other number / identification code used in relation to participation in the Sale/Presale and/or Initial DEX Offering and the use of OWN.
16.4. Ownex.io will not assume any liability whatsoever for any damage or interruption caused by computer viruses, spyware, scareware, Trojans, worms or other malicious programs that may affect your computer or other equipment, or any phishing attack (phishing), or any other type of attack.
16.5. Keeping secure to access your account(s) is your responsibility: The personal email is used to backup your account. This email is unique and should be kept secret because it is the key to access and spend your digital token. Do not take a screenshot of this email address. We made you write it down on physical paper. Do not store this email on your computer. Save a backup in multiple places. Never share the phrase with anyone. Be careful of phishing! Ownex.io will never spontaneously ask for your email. If you are not going to use your account and have saved your email, remove it from your browser so that it does not remain open. This will prevent someone accessing your computer from entering your account.
17.1. To participate in the SalePresale and/or Initial DEX Offering and use OWN, you must provide the personal data required in the Account registration or in any other form determined only by ownex.io.
17.2. Personal data refers to any information, about a person who can be identified from that information; or from that information and other information that we have or may have access to, including information in our records that may be updated from time to time, and any other information related to any person who has provided it to us from time to time in your interaction with us.
17.3. Your personal data will be used to identify you as the owner of OWN and to execute this Agreement. Ownex.io is committed to protecting your personal data and disclosing them only when necessary to execute this Agreement or when required by the Agreement or applicable law. You expressly authorize ownex.io to store, process, use and transmit to third parties the information required to execute this Agreement.
17.4. You confirm that you have entered correct data about you in each required form and that, when you change or add data to the website, you will enter only the correct data. You must bear the losses that occur in relation to the sending of invalid/incorrect data.
17.5. Ownex.io can use your personal data for direct marketing purposes if you give your consent in the registration form. You can withdraw the previous consent at any time.
18. INTELLECTUAL PROPERTY
18.1. The https://ownex.io.io/ URL and all logos related to our services described on our website are the intellectual property of ownex.io and are trademarks of ownex.io. In addition, all page headers, custom graphics, design, button icons, scripts, source code and content are copyrighted by ownex.io. You cannot copy, imitate, modify or use them without our prior written consent. All the content indicated on the website, the technical document and any content thereof is the exclusive property of ownex.io. You may not download, reproduce or retransmit any information that is not for individual, non-commercial use.
18.2. All intellectual property rights included in the information, text, graphics, logos, images, audio clips, patents, trademarks, trademark registrations, trade names, data compilations, scripts, software, computer code, design, technology, sound or any other material or the works found on the website are ownex.io. You are allowed to download and print such materials from the website for your personal, non-commercial use, provided you do not violate this Agreement.
18.3. You are not allowed to copy, transfer, distribute, reverse, compile, adapt, modify, reproduce, republish, display, or transmit in any way or by any methods, or store with any information retrieval system, any part of the site web without the prior written approval of ownex.io.
19. USE OF THE WEBSITE
19.1. You agree not to copy any materials from the website without our permission, with the exception of information for your personal, non-commercial use.
19.2. The pages of the website may contain links to websites and third-party services. These links are provided for your convenience, but their presence does not mean that ownex.io recommends visiting them. In addition, ownex.io does not guarantee your safety and compliance with the expectations of users. In addition, ownex.io is not responsible for maintaining any material that is referenced from another site and does not grant any guarantee for that site or this service in that context. Links to such third-party material do not imply endorsement by ownex.io of said third party material or of the content, products or services available from said third party material. You acknowledge that you are merely responsible for and assume all risks arising from your use of any third-party material.
19.3. The contents of the website are provided “as is” and “as available” without warranties of any kind and are available only for your general information. No guarantee of any kind is given, expressed, implied or legal, along with the content of the website, the tools contained on the website or the website in general.
19.4. Ownex.io does not guarantee the accuracy, adequacy, correctness, integrity, reliability, punctuality, non-infringement, title, marketing or suitability for any purpose of the information on the website or on any website linked to the website, or that the information available on the website, or associated with it or other harmful elements, and expressly waives
liability for the same and any error or omission. Ownex.io will not be responsible for the availability of the website at all times, in all countries and/or in all geographical locations.
19.5. The information contained on the website may not always be completely accurate, complete or current, and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with the most complete and accurate information possible, the information may be changed or updated from time to time without notice, including, without limitation, information about our policies, products and services. Accordingly, you must verify all information before relying on it, and all decisions based on the information contained in the website are your sole responsibility and we will not be responsible for such decisions.
19.6. Ownex.io reserves the right, in its sole and absolute discretion and without prior notice, to modify, add or delete functions, or modify any content of the website. You will be deemed to have accepted any such change if you access or use the website after the change has been posted on the website. Ownex.io also reserves the right to block or restrict access, or terminate, withdraw or suspend the use of the website or any part of the website. Ownex.io will not be responsible for any loss that may be incurred as a result of such action.
19.7. Ownex.io reserves the right to disable any link that, in its opinion, contains information, images, representations or other material of an inappropriate, defamatory, obscene, indecent or illegal nature, or that violates any law, privacy, intellectual property or another property right; or has not been authorized by us.
20. INTELLECTUAL PROPERTY
20.1. The https://ownex.io/ URL and all logos related to our services described on our website are the intellectual property of ownex.io and are trademarks of ownex.io. In addition, all page headers, custom graphics, design, button icons, scripts, source code and content are copyrighted by ownex.io. You cannot copy, imitate, modify or use them without our prior written consent. All the content indicated on the website, the technical document and any content thereof is the exclusive property of ownex.io. You may not download, reproduce or retransmit any information that is not for individual, non-commercial use.
20.2. All intellectual property rights included in the information, text, graphics, logos, images, audio clips, patents, trademarks, trademark registrations, trade names, data compilations, scripts, software, computer code, design, technology, sound or any other material or the works found on the website are ownex.io. You are allowed to download and print such materials from the website for your personal, non-commercial use, provided you do not violate this Agreement.
20.3. You are not allowed to copy, transfer, distribute, reverse, compile, adapt, modify, reproduce, republish, display, or transmit in any way or by any means, or store with any information retrieval system, any part of the site web without the prior written permission of ownex.io.
21. REPRESENTATIONS AND WARRANTIES
21.1. You declare that you are not a criminal, are not associated with any criminal activity and that all funds you use in connection with the Sale/Presale and/or Initial DEX Offering and the purchase of OWN are free from any criminal association, are not the proceeds of crime and do not derive from no criminal activity.
21.2. By participating in the Sale/Presale and/or Initial DEX Offering and by purchasing OWN, you represent and warrant that your funds do not come from illegal or unethical sources, that you are not using any proceeds of criminal or illegal activity, and that you are not using any transaction related to OWN for facilitate any criminal or illegal activity.
21.3. You hereby certify that the funds used by you in connection with participation in the Sale/Presale and/or Initial DEX Offering are owned by you or that you are authorized to carry out transactions with those funds.
21.4. You declare and guarantee that you possess the knowledge and experience in financial and business matters that allow you to evaluate the merits and risks involved in the purchase of cryptocurrencies and the economic risk of the total loss of said purchase.
22. JURISDICTION, APPLICABLE LAW AND RESOLUTION OF CONFLICTS
22.1. Ownex.io reserves the right to change the jurisdiction of ownex and this Agreement at any time at its discretion, as well as to use any parent company, subsidiary and/or other affiliated companies for the execution of this Agreement, the products and services of
ownex.io and other activities related to the business of Sale/Presale and Initial DEX Offering and ownex.io.
22.2. Any disagreement or dispute between the User and ownex.io, arising from this Agreement, will be resolved through negotiations between the User and ownex.io. In case of failure to reach an agreement, any dispute, disagreement or claim arising from this Agreement or related to it, its breach, dissolution or validity, which has not been resolved by the User and ownex.io, will be resolved in the competent court of Turkey.
22.3. Any user who violates any law in their jurisdiction of residence or nationality through the use of OWN or any service provided by ownex.io will be responsible for the damages incurred by ownex.io.
23. DIVERSE PROVISIONS
23.1. You confirm that you have read this Agreement, that you have understood its terms, conditions and consequences.
23.2. If a court of competent jurisdiction considers that any term, provision, agreement or restriction of this Agreement is invalid, illegal, void or unenforceable, the rest of the The terms, provisions, conventions and restrictions set forth in this document shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the Parties shall make reasonable efforts to find and employe an alternative means to achieve the same or substantially the same. same result as the one contemplated in said term, provision, agreement or restriction.
It is hereby stipulated and declared the intention of the Parties to execute the remaining terms, provisions, conventions and restrictions without including any that may be declared hereinafter as invalid, illegal, void or unenforceable.
23.3. All notices, consents and other communications from the parties related to this Agreement will be sent by email or postal mail or certified mail if ownex.io requests such delivery.
23.4. Ownex.io has the right to revoke this Agreement if it does not comply with the Agreement, acts in a fraudulent or illegal manner, or participates in the unauthorized transmission and use of personal data.
23.5. This Agreement is personal to you and cannot be transferred, assigned or delegated to anyone. Any attempt on your part to assign, transfer or delegate this Agreement and the rights and/or obligations stipulated in this Agreement will be null and void. Ownex.io can freely assign this Agreement and/or delegate its functions without consent or notification.
23.6. This Agreement, together with the Whitepaper and the terms and conditions published periodically on the website, constitutes the entire agreement between the Parties with respect to the subject matter of this document. Nothing in the Agreement shall be deemed revoked unless such waiver is in writing and signed by the Party that benefits from the application of that provision. However, no waiver of any provision of the Agreement will be considered a waiver of a subsequent breach of that provision or a waiver of a similar provision. In addition, the waiver
of any breach or inability to enforce any term or condition of the Agreement will not affect, Limit or revoke in any way the rights of a Party in this document at any time to strictly enforce compliance with each term and condition of this agreement.
23.7. You agree to refrain from making negative, damaging or unfavorable statements regarding Ownex.io, Own, its subsidiaries or affiliates, your respective business or business activities, products or product history, or their respective directors, agents, distributors or consultants, which can have the effect of diminishing their reputation.
24. TERMINATION (LIMITATION) OF THE AGREEMENT
24.1. The term of this Agreement is for a period that begins when you successfully register with the Account until this Agreement ends for any reason. The cancellation of the account will mean the termination of the Agreement.
24.2. At any time, ownex.io may terminate or suspend this Agreement with just cause and in such case, your access to the Sale/Presale and/or Initial DEX Offering and/or the Website, to your Account and may stop any transaction and/or pending fund and/or OWN pending at any time without notice to you. Ownex.io will have no responsibility or liability for the termination of this Agreement.
24.3. In the event of termination or suspension of this Agreement for any reason, you will not be reimbursed any amount of OWN.
24.4. This Agreement is not intended to create, and in no way should be construed as the creation of a joint venture, partnership or any other similar relationship between you and ownex.io.
24.5. To the extent that the Agreement, the Whitepaper, the terms and conditions published periodically on the website conflict with the translated copies, the English version shall prevail.