Pieta Coin Terms and Conditions
You should only purchase pieta tokens if you have significant experience with, and enderstanding of, the usage and intricacies of crypto tokens and blockchain based software systems. Purchasers should have functional understanding of storage and transmission mechanisms associated with other cryptographic tokens. Neither pieta nor its owners will be responsible for lost cryptocurrency, such as BTC, ETH, or other, resulting from actions taken by, or omitted by you. If you do not have such experience or expertise, then you should not purchase coins or participate in the PRE-Sale of coins.
Terms and Conditions of Token Sale
Last Updated: 5/1/2019
Please read these terms and conditions of token sale carefully. If you do not agree to or understand these terms and conditions of token sale, please do not purchase pieta token. By using the services, you represent and warrant that you meet all of the eligibility requirements in these terms and conditions.
Your purchase of PIETA Coin Tokens (“PITC”) from (“PIETA,” “we,” or “us”) is subject to these Terms and Conditions of Token Sale (“Terms”). Each of you and PIETA coin is a “Party,” and together with the “Parties.” By purchasing PITC from us and/or using PITC in connection with the Services (as defined below), you will be bound by these Terms and all terms incorporated by reference. If you have any questions regarding these Terms, please contact us at [email protected]
You and Company agree as follows:
1. Purpose and Use of PITC
We aim to shape the regulatory environment and enhance business opportunities for solar power in worldwide and also, to ensure that more energy is generated by solar than any other energy source and to lead our investors, supporters, members and partners to make solar the core of a smart, sustainable and inclusive energy system.
Although, our driving motivation is to secure the livelihood of present and future generations and protect our natural resources. So, we are seeking to hold a leading role internationally in the field of renewable energy systems and technologies. Through Pieta coin and its funding’s from pre-sale and ICO, it will enable us to contribute significantly to creating a sustainable, economical, secure and socially just energy supply worldwide, paving the way for an energy supply based exclusively on renewable energy sources.
Together Pieta coin with NGOs, partnerships, and companies, we transform original ideas into innovations that benefit society and strengthen both the world economy and renewable energy.
In fulfilling our vision and value, we are aware of our responsibility to society and the natural environment. We orient ourselves on the principles of sustainable development. These make up an integral part of our Pieta coin as we use algorithm X20 which help to reduce electricity while obtaining the optimal security needed and this happen through reducing electricity by cutting 50% power of the mining process and as a consequence of reducing energy we solved the security issue by balancing and also by using X20 algorithm and by that we managed to reduce electricity and having high level of security (untraceable) and fast transactions. In addition to targeting solar energy platforms, Pieta coin decided to invest and fully fund solar projects to make our planet eco-environment for the sake of next generations. By using the Services, you acknowledge that:
• PITC does not own any rights, express or implied, other than as a means to access the Services. In particular, you understand and accept that PITC does not represent or grant any right of ownership, shares, shares, security or similar rights in any jurisdiction, any right to receive shares of future revenue, intellectual property rights or any other form of participation in Egypt In respect of the Company and its subsidiaries or properties, other than the rights relating to the receipt of the Services, taking into account the limitations and conditions contained in these Terms and the applicable PIETA Terms and Policies (as set out below).
• PITC is by no means understandable, considered, interpreted, or interpreted as any kind of financial instrument including, but not limited to, (i) any kind of currency or money, whether or not. (Ii) Royalty, voting or non-voting securities (or similar) in or against PITC, including its members, shareholders, consultants, and directors. (Iii) investment in shares or debts of any kind in any enterprise; (iv) any securities having intrinsic value or market price; (5) any form of financial derivatives; (vi) any negotiable paper or instrument; (I) any form of investment contract between the owner and any other person; (8) any commodity or asset to which any person is obliged to recover or buy; (9) any note, deed, certificate or other certificate conferring interest, Type of return from anyone.
• We make no warranty (express or implied) that PITC may trade on any known Exchange, or hold any interest outside the Services or may be exchanged for goods, currencies or services.
• The PIETA COIN reserves the right to refuse your offer to purchase PITC for any reason while and request your KYC as verification for your payment, banning U.S.A and South Korea from purchasing PITC, at its absolute and unrestricted discretion.
2. Buy PITC
Under these terms, the PIETA coin agreements for sale to you, and you agree to purchase the PIETA currency, a certain number of PITC at a price quoted by PIETA on its website and the Pieta White Paper as part of the initial value of the currency offer or pre-primary currency offer.
By purchasing a PIETA coin, you acknowledge that you have read and understood these terms and the entire white paper. You understand that PIETA Coin is not responsible and will not refund any purchased PITC funds except as described in Section 4 below. You acknowledge and understand that the purchase of PITC involves a level of risk that you agree to adequately and fully implement, including, but not limited to, the following risks: (1) PITC-related technology will not work as intended; (Iii) any offer of the underlying currency will not fail to attract sufficient attention; (4) PIETA or any of the services may be subject to investigation and punitive action by government authorities.
3. Cancellation; refunds; rejection of purchase orders
The purchase of PITC is final, and there are no refunds or cancellations except for (i) as required by applicable law or regulations, or (ii) as determined by us at our sole discretion prior to the completion of the PITC distribution after the completion of the primary currency. We reserve the right to refuse or cancel PITC orders at any time in our sole discretion.
4. Procedures for selling PITC and specifications
Important information about the technical procedures and specifications for sale is provided in Table 2, including, but not limited to, the details of the timing of the sale of PITC and the amount of PITC that we will sell. By purchasing PITC, you acknowledge that you understand and have no objection to these procedures and material specifications.
5. Acknowledgments and Risks
You acknowledge and agree that there are risks associated with the purchase of PITC, the holding of PITC, and the use of PITC in respect of the Services, including but not limited to those disclosed and explained in Table 3. Risks must carefully weigh the costs and benefits of obtaining PITC Before doing so. If you are not in a position to accept or understand the risks associated with purchasing the symbol, you should not get the token.
Digital symbols are new and untested technology. In addition to the risks identified in these terms, there are risks we can not expect. If you have any questions regarding these risks, please contact us at [email protected] Through PITC, expressly acknowledges and fulfills these risks.
You are responsible for carrying out reasonable procedures to secure the Wallet, Treasury or other storage mechanisms you use to receive and purchase PITC, including any special keys (s) required or other credentials necessary to access this storage mechanism (s). We will not be responsible for your loss of PITC after being transferred to you, including because of your failure to keep an accurate record of your password or other credentials. If you lose your key (s) or other access credentials, you may lose access to your PITC. We are not responsible for any of these losses. If your password protection is weak, cracked, stolen, or otherwise obtained by a third party, it may also cause PITC loss. As a result, passwords must be stored safely in one or more backup sites that are well separated from the primary site.
7. personal information
8. Assurances and guarantees
By purchasing PITC from us, you acknowledge and warrant that:
10.1 I have read and understood these terms (including all tables);
10.2 You have sufficient understanding of the functions, usage, storage, transmission mechanisms and other physical features of encryption codes such as Bitcoin and Ether, token storage mechanisms, blockchain technology, and blockchain-based software systems to understand the risks and implications of the PITC;
10.3 I’ve got information about PITC to make an informed decision to buy PITC;
10.4 You understand the limitations and risks associated with the creation of PITC as described here (and as described in the White Paper) and acknowledge and bear all such risks;
10.5 You acknowledge, acknowledge and assume the risks associated with the purchase, possession, and use of PITC with respect to the Services, as described and disclosed in these Terms;
10.6 You acknowledge that PITC grants only the right to access the Services and does not grant any other rights of any form, but not limited to, any distribution, distribution, retrieval, liquidation, ownership
(Including all forms of intellectual property), or other financial or legal rights;
10.7 Your purchase of PITC complies with applicable laws and regulations within your jurisdiction, including but not limited to (i) legal capacity and any other legal requirements applicable under your jurisdiction to purchase PITC, using PITC, and the conclusion of contracts with us, (Ii) any foreign restrictions or regulatory restrictions applicable to such purchases, and (iii) any governmental or other approvals that may need to be obtained;
10.8 You will comply with any applicable tax obligations within your jurisdiction, including your purchase of PITC;
10.9 If you buy PITC on behalf of any entity, you are authorized to accept these terms on behalf of that entity and that entity will be responsible for breaching these Terms by You or any other employee or agent of this entity (the reference to “You” in these Terms refers to you and this entity, jointly);
10.10 You agree that if you change your country of residence or other circumstances so that the representations above are no longer accurate, you will immediately determine your ownership of the PITC and/or the use of the Services and notify the Company. If you purchase PITC or register to use the Services on behalf of a legal entity, you further
acknowledge and warrant that (i) this legal entity is duly organized and properly available under the laws in the jurisdiction of its organization, and (ii) you are duly authorized by This legal entity to act on its behalf.
10.11 You are of legal age to form a binding contract with PIETA coin and meet all eligibility requirements in these terms.
10.12 You are legally entitled to purchase PITC and assume responsibility for complying with applicable laws and regulations.
11. Transfer of ownership; risk of loss
You acknowledge and agree that the transfer of title to PITC, and the related risk of loss, will be transferred from one company to another based on the PITC credit to the portfolio you specify.
To the maximum extent permitted by applicable law, you will replace, promote, protect and protect the company, in no event to employees, officers, directors, contractors, consultants, shareholders, suppliers, suppliers, service providers, main companies, subsidiaries, subsidiaries, agents, representatives, (1) the purchase or use of PITC, (ii) the use or use of the Software, Your liability or obligations Under these Terms, (iii) your breach of these Terms, or
(iv) your violation of any rights of any other person or entity. The Company reserves the right to exercise full control over the defense, at your own expense, from any claim subject to compensation under this Section 12. This compensation is in addition to, and not a substitute for, any other compensation provided in the written agreement between you and PIETA Currency.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EXCEPT AS SPECIFIED IN WRITING BY THE UNITED STATES, (a) PITC is sent on an “as is” and “as available” basis without warranties of any kind (whether express or INCLUDING, WITHOUT LIMITATION, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND NONINFRINGEMENT; (b) WE DO NOT REPRESENT OR REPRESENT OR IMPLIED WARRANTIES OF MERCHANTABILITY, We ensure that PITC is reliable, current, error-free, or that your requirements are met or defects in PITC will be corrected; and (c) we can not guarantee or guarantee that PITC Or delivery mechanism for PITC free from viruses or other harmful components. Some jurisdictions do not allow the exclusion of certain warranties or disclaimers from the implied terms of contracts with consumers. Therefore, some or all exceptions to warranties and disclaimers may not apply to you in this section.
14. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW: (I) IN NO EVENT WILL ANY COMPANY OR ANY REPRESENTATIVE OF THE COMPANY BE LIABLE FOR ANY INDIRECT OR SPECIAL, INCIDENTAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES OF ANY KIND (INCLUDING WITHOUT
LIMITATION) INCLUDING LOSS OF REVENUE, INCOME OR PROFITS, LOSS OF USE OR DATA, OR DAMAGES ARISING FROM BUSINESS INTERRUPTION (ARISING OUT OF OR IN CONNECTION WITH ANY WAY) Sell, use or use of PITC or otherwise in connection with the Services or these Terms, regardless of the working format, whether in contract (including, but not limited to, simple
negligence, whether active or not, or any effect) Or other legal or accumulative theory (even if the Party is notified of the probability of such occurrence) (Ii) In no event shall the overall liability of PIETA COIN and representatives of PIETA COIN (,), whether in the contract, warranty (including negligence, whether or not) Active or not, etc.), or other theories arising out of or relating to these terms or the use or inability to use PITC exceeds the amount you pay to the United States for PITC.
14.1 The limitations set forth in Section 13.1 shall not limit or exclude liability for gross negligence, fraud, or offender, unwanted or not in the Company. (C) Some jurisdictions do not allow the identification or exclusion of liability for incidental or consequential damages. However, some of this section’s restrictions may not apply to you.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, PIETA COIN AND OTHER PIETA COIN REPRESENTATIVES RESPECT THE ESPONSIBILITY, LIABILITY, CLAIMS, CLAIMS AND / OR DAMAGES (ACTUAL AND EXEMPLARY) OF ANY KIND AND NATURE, KNOWN AND UNDERSTANDED (INCLUDING, Limitation (to claims of negligence) arising out of or relating to disputes between users and acts or omissions of third parties. You express waiver of any rights you may have under the principles of law or
public law that would limit the coverage of this release to only those claims that you may know or suspect exist in your favor at the time of approval of this release.
16. Conflict resolution – deliberation
Binding Arbitration (Collectively, “disputes”) In which one party seeks judicial or other redress for the alleged unlawful use of intellectual property, including, for example, any dispute, litigation, suit, suit, cause, action, You, PIETA COIN (i) waive your rights to PIETA COIN in obtaining any and all disputes arising out of or relating to these
Terms shall be resolved in Court, and (ii) waive your relative rights to PIETA COIN in a court proceeding Jurors. Instead, you and PIETA COIN will arbitrate disputes through binding arbitration (referring the dispute to one or more persons charged with reviewing the dispute and making a final and binding decision to resolve it rather than the dispute being determined by the judge or jury in court).
16.1 No class arbitration, class actions or representational actions
Any dispute arising out of or relating to these terms or your purchase of PITC is personal to you and PIETA COIN and will be resolved only through individual arbitration and will not be submitted as a class arbitration, collective action or any other type of representation. There will be no class arbitration or arbitration in which the individual tries to resolve the dispute as a representative of another individual or group of individuals. Furthermore, the dispute cannot be brought as a student or any other type of representation, both within and outside the arbitration, or on behalf of any other individual or group of individuals.
If any provision, provision or provision of these Terms is deemed to be unlawful, void or unenforceable, this term, clause or provision shall be indivisible from these Terms and shall not affect the validity or enforceability of any remaining part of that term, condition or Condition, or any other clause, condition or condition of these Conditions.
18.1 These terms and conditions (and where applicable, the terms and policies of PIETA COIN) determine the entire agreement between you and us with respect to your purchase of PITC. We may make changes to these Terms from time to time as reasonably required to comply with applicable law or regulations. If we make changes, we will post the revised terms on our website and update the “Last updated” date above. The revised terms will apply immediately.
18.2 We may assign our rights and obligations under these Terms. Our failure to exercise or enforce any right or condition of these Terms shall not act as a waiver of this right or provision.
18.3 We will not be liable for any delay or failure to perform any obligation under these Terms where the delay or failure results from any cause beyond our reasonable control.
18.4 Purchasing PITC from us does not create any form of partnership, joint venture or any other similar relationship between you and us.
18.5 Except as otherwise provided in herein, these Terms are intended solely for the benefit of you and us and are not intended to confer third-party beneficiary rights upon any other person or entity.
18.6 You agree and acknowledge that all agreements, notices, disclosures, and other communications that we provide to you, including these Terms, will be provided in electronic form.
Description of PIETA COIN, and PITC:
1. Overview of PIETA COIN
Allow us to introduce to you the latest addition to the cryptocurrency world, The Pieta Coin, a new revolutionary decentralized eco-friendly cryptocurrency that uses solar energy and X20 algorithm blockchain providing an easy interface at a low cost per token with token bonus offers with every purchase.
The Pieta Coin seeks customers, merchants, and the cryptocurrency ecosystem best interest, ultimately seeking equality among all parties with fair winning opportunities for all and also we Pieta aim to shape the regulatory environment and enhance business opportunities for solar power in worldwide and also, to ensure that more energy is generated by solar than any other energy source and to lead our investors, supporters, members and partners to make solar the core of a smart, sustainable and inclusive energy system.
Mining for the Pieta Coin is unprecedented and incomparable to any other coin in the cryptocurrency world at a low energy consumption facilitating an easy mining process, in addition to rewarding miners as an incentive for positive network growth.
Furthermore, the dynamic nature of the trading world doesn’t only require fast pace transaction, but easy and highly secure transactions as well which the Pieta Coin guarantees at a lower fee of the total amount of the transaction.
The Pieta Coin wallet application and website provides the user with an easy journey from the point of account creation to using acquired pieta coins for daily online transactions.
Last but not least granting access to the point of sale network of merchants who accept Pieta Coin transactions to facilitate the ease of coin exchange on a daily basis.
The Pieta Coin comes with substantial features and benefits that can vitally influence your day to day business operations if your esteemed board members are interested in supporting the first eco-friendly cryptocurrency.
Schedule 2 Token Sale Specifications
1. Total Number of PITC to be Created and Sold
2,000,000 to be created at most (the Hard Cap).
1,800,000 to be sold at most through Pre-ICO and ICO.
2. Commencement and Duration of Token Sale
To be announced via the website: https://pieta.network/
Any payment received by the PIETA COIN after the end of the sale period will be accepted only if it was originated during the Sale Period. PIETA COIN may request to provide evidence of payment from a purchaser of PITC. No payment will be accepted when the Hard Cap specified is reached. Certain bonuses or offers may be offered by the PIETA COIN during certain periods. The number of purchased PITC shall be determined based on the total amount received by PIETA COIN subject to applicable bonuses available to you at the time of receipt of your payment. Schedule 3 Risks Relating to Purchase, Sale, and Use of TCO Important Note: As noted elsewhere in these Terms, PITC tokens are not being structured or sold as securities or any other form of investment product. Accordingly, none of the information presented in this Schedule is intended to form the basis for any investment decision, and no specific recommendations are intended. The PITC expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this Schedule, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting from such information. Prior to purchasing PITC, you should carefully consider the risks listed below and, to the extent necessary, consult a lawyer, accountant, and/or tax professional prior to determining whether to purchase PITC. By purchasing, holding and using PITC, you expressly acknowledge and assume the following risks:
Hackers or other malicious groups or organizations may attempt to interfere with PITC in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing, which may result in loss or corruption of PITC.
The Pre-ICO and ICO may not reach the target sale amount, and so the Company may not have the sufficient funds to execute on its business plan. There is no guarantee the PIETA COIN will be able to execute its business plan. If the PIETA COIN is successful in implementing its business plan, you will not benefit or participate in the PIETA COIN’s growth by virtue of your ownership of PITC.
3. Token Value
Digital currencies are extremely volatile, and PITC may suffer from said volatility. PIETA COIN does not guarantee any specific value of PITC over any period of time. PITC may be significantly influenced by digital currency market trends, and PITC value may be severely depreciated due to non-PITC related events in the digital currency markets.
4. Loss of Private Key(s), Custodial Error or Purchaser Error
A private key, or a combination of private keys, is necessary to control and dispose of PITC stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing PITC will result in loss of such PITC. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a digital wallet or vault service you use, may be able to misappropriate your PITC. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store PITC, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your PITC.
It is possible that alternative platforms and solutions could be established that utilize the same or similar protocols underlying PIETA COIN and attempt to facilitate services that are materially similar to the Services. Such competition could negatively impact PIETA COIN.
It is possible that PIETA COIN will not be used by a large number of individuals, companies and other entities. Such a lack of use or interest could negatively impact the development of PIETA COIN and the potential utility of PITC, including its utility for obtaining Services.
We have no control over your participation, correspondence, or business dealings with any third party found on or accessed through the Services, including without limitation with respect to any payment for or delivery of related goods or services, and any other terms, conditions, warranties, or representations associated with such dealings, are solely between you and such third party.
8. Unanticipated Risks
Cryptocurrencies tokens such as PITC are new. In addition to the risks included in this Schedule 3, there are other risks associated with your purchase, holding and use of PITC, including those that the PIETA COIN cannot anticipate.