Token Terms and Conditions.
These Cryptaine Token Terms and Conditions apply to Cryptaine GmbH, hereinafter referred to as “Cryptaine”. They outline the rights, obligations and benefits in which users and holders of the Cryptaine Token (“CRY”) may participate from time to time. These Token Terms and Conditions should be read in conjunction with the Cryptaine White Paper and the Cryptaine Policies (including the Terms and Conditions for Products and Services, Risk Disclaimer, Terms of Use, Privacy Policy and Cookie Policy). You must familiarise yourself with all policies and procedures before participating in Cryptaine products and services or using the Cryptaine platform or CRY. Cryptaine is the trading name of Cryptaine GmbH, a blockchain development company incorporated and registered in Germany under company number: XXX. Cryptaine GmbH applied for registration on XXX, with full registration completed on XXX. Cryptaine provides technology designed to mitigate risk, increase transparency and enable use cases for blockchain and cryptocurrency. The native Cryptaine token (“CRY”) was issued in Germany, and can be obtained from exchanges in low or medium risk jurisdictions that do not ban or prohibit cryptocurrency. Full details of the Cryptaine team and the advisors’ details and profiles can be found on the Cryptaine team website.
Cryptaine Risk Disclaimer
Capital Risk
Capital at risk. Please seek independent professional advice before purchasing any products or services.
No guarantee
There is no guarantee that the purchase of products or services will be profitable and you may lose more than your initial investment. Past performance is not a guide to current or future results.
Past performance
Past performance is not a guide to current or future results.
Volatility risks
Cryptocurrencies carry inherent unpredictable extreme market volatility risks, which means that many values fluctuate unexpectedly and erratically.
Commitment
You must understand what products and services you are purchasing before making any commitment to purchase or be involved with any Cryptaine products and services.
Applicable Taxes
Participants acknowledge that there may be tax consequences to holding, disposing of and transferring the CRY and assume full responsibility for complying with applicable tax and regulatory laws in their respective jurisdictions. Cryptaine will not be liable for any tax or liability implications arising from Users’ failure to comply with such applicable laws.
Cryptaine Project
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Cryptaine Token Rationale
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Cryptaine Token Rights
Holders of CRY will be entitled to certain rights and benefits once the Cryptaine blockchain is fully launched and will be able to access and use Cryptaine’s products and services, which may be added and modified from time to time, by virtue of holding and/or redeeming CRY. Holders of the Cryptaine token will have the right to use the platform, products and services. Only holders of CRYmay use the Platform, in particular because the Platform requires CRY to fund the Gas Fee. It is not intended that the CRYwill be used anywhere other than on the Cryptaine Platform and in relation to Cryptaine products and services. The CRY is freely transferable between consenting users, can be exchanged on qualified exchanges and can be freely used on the Cryptaine platform to enable and benefit from the products and services. The CRY therefore has multiple uses on the platform, including being used to pay gas fees (for transactions or use of the Cryptaine products and services, sending transactions, using the network and staking the token to contribute to the network). The only restriction to the freely transferable nature of the CRYon the Cryptaine platform is when the CRY is temporarily staked; in such a case, the CRY is locked for defined periods of time as determined by the user/holder of the CRY in exchange for a staking reward.