Private Sale
Terms & Conditions

1. Introduction

This document outlines the Terms and Conditions (T&C) for participating in the private sale of PowShares (XPS), a cryptocurrency project. By participating in this private sale, the purchaser agrees to be bound by these T&C.

2. Purchase of XPS

  • The purchaser will receive an amount of XPS (PowShares) equivalent to the amount pledged in the private sale.
  • The exchange rate of the pledged amount to XPS will be defined and communicated by the PowShares project team prior to the sale.

3. No Control in Project

  • The purchase of XPS in this private sale does not grant the purchaser any significant control, decision-making power, or governance rights in the PowShares project.
  • The role of the purchaser is limited to that of an investor or supporter and does not involve any managerial or operational responsibilities.

4. Risk Acknowledgement

  • The purchaser acknowledges that investing in cryptocurrencies, including XPS, is inherently high risk.
  • The value of XPS can fluctuate significantly, and there is a risk of substantial loss.
  • The PowShares project team, its founders, employees, or any associated parties are not responsible for any losses or damages resulting from the investment.
  • The purchaser is responsible for understanding and accepting the risks involved and is advised to consult with financial and legal advisors.

5. No Guarantee of Profit

  • The PowShares project team makes no representations or guarantees about the future value or profitability of XPS.
  • The purchaser acknowledges that the investment in XPS should not be made with an expectation of financial profit.

6. Compliance with Laws

  • The purchaser is responsible for ensuring that their participation in the private sale complies with local laws and regulations concerning cryptocurrency investments.
  • The purchaser declares that the funds used for the purchase of XPS are not derived from illegal activities.

7. Amendment of Terms

The PowShares project team reserves the right to amend these T&C at any time. Any changes will be communicated to the purchasers.

8. Acceptance of Terms

Participation in the private sale constitutes the purchaser’s acceptance of these T&C.