GENERAL TERMS AND CONDITIONS OF CWT TOKEN SALES

The present General Terms and Conditions of Sale (hereinafter referred to as “T&Cs” or “Terms”) apply to the buyer of the CWT token (hereinafter referred to as “CWT Token” or “CWT”) and future user of the platforms set up by Coinwave. They constitute a binding agreement between Coinwave (hereinafter referred to as the “Issuer” or “Coinwave”) and any person (individual or legal entity) wishing to purchase CWT tokens.

ARTICLE 1 – ISSUER

ARTICLE 2 – OFFER

ARTICLE 3 – NATURE OF THE CWT TOKEN

The CWT token is a digital asset (utility token) linked to a smart contract and distributed on the Hyperledger Fabric blockchain. It represents, in dematerialized form, one or more rights that can be:

  1. issued,
  2. recorded,
  3. stored, and
  4. transferred

via an electronic system enabling the identification, directly or indirectly, of the owner of said asset.

This type of token is referred to as a “utility token.” It is designed to provide access to features, services, or benefits offered by Coinwave on its platforms.

ARTICLE 4 – BUYERS

The CWT token purchase offer is addressed to:

Restrictions:

Risk Disclaimer:

KYC Procedure:

ARTICLE 5 – LEGAL FRAMEWORK FOR CWT SALES BY COINWAVE

The CWT token is the subject of a definitive transfer contract between the Issuer, Coinwave, and the buyer.

ARTICLE 6 – PAYMENT

ARTICLE 7 – PERSONAL DATA

The data collected (as part of the KYC procedure or during any operation related to the purchase of tokens) is intended for:

  1. of the purchase of CWT tokens,
  2. combating money laundering and terrorist financing,
  3. compliance with applicable legal and regulatory obligations in Europe.

Confidentiality: Coinwave undertakes to process this data strictly confidentially and to share it only with providers and partners involved in:

In case of data loss or theft, Coinwave will promptly inform the concerned individual.

In accordance with the French Data Protection Act (No. 78-17 of January 6, 1978) and the General Data Protection Regulation (GDPR – EU 2016/679), the buyer has the right to access, rectify, delete, limit, and port their data. To exercise these rights, they can contact: contact@coinwave.bet

The buyer may also contact the CNIL (in France) or any competent supervisory authority if they wish to file a complaint.

ARTICLE 8 – RISKS INHERENT TO PURCHASING THE CWT TOKEN

  1. Capital Loss Risk
    The success of the Coinwave project depends on its ability to develop and market its solutions. There is a risk of total or partial loss of the invested amount.
  2. Access Loss Risk (loss of credentials)
    The CWT token is associated with an account or secure wallet. Losing access information (identifiers, passwords, private keys) results in the permanent loss of tokens.
  3. Risk Related to Hyperledger Fabric Blockchain
    The CWT tokens rely on the Hyperledger Fabric blockchain. Any flaw or malfunction in the protocol could affect the operation or value of the CWT tokens.
  4. Risk Associated with Security of Identification Information
    Anyone who accesses a user’s identifiers or private keys can transfer or spend their CWT tokens. It is essential to secure storage spaces (wallets, passwords, etc.).
  5. Legislative and Regulatory Risk
    The purchase and use of CWT tokens may be challenged by legislative or regulatory changes. Each buyer is encouraged to inquire about the tax and legal status of tokens based on their country of residence and nationality.
  6. Alternative Network Risks
    Forks or alternative versions (different networks) may exist in the blockchain ecosystem. Coinwave cannot control the use of its CWT tokens outside its own platforms and cannot be held responsible for their use on other sites or third-party services.

ARTICLE 9 – APPLICABLE LAW

This contract is subject to French law.

In the event of a dispute, the parties will seek an amicable solution. Failing this, jurisdiction is assigned to the courts of Aix-en-Provence, even in the event of multiple defendants or third-party appeals, unless otherwise required by procedural rules.

ANNEX 1 – LIST OF AUTHORIZED COUNTRIES OF RESIDENCE

ANNEX 2 – LIST OF EXCLUDED NATIONALITIES