1. Introduction
1.1. These Terms and Conditions (hereinafter referred to as “T&C”) govern your participation in the Future Now $HCI Token Event and HCI NFT Sale (hereinafter referred to as the “Token Event” and “NFT Sale”). By participating in the Token Event and NFT Sale, you (hereinafter referred to as the “Participant”) agree to be bound by these T&C.
1.2. The Token Event and NFT Sale are conducted by Future Now (hereinafter referred to as the “Company” or “we”). The $HCI token (hereinafter referred to as the “Token”) is being offered during the Token Event, and HCI-branded non-fungible tokens (hereinafter referred to as “HCI NFTs”) are being offered during the NFT Sale.
1.3. These T&C constitute a legally binding agreement between the Participant and the Company. It is important that the Participant carefully reads and understands these T&C before participating in the Token Event and NFT Sale. If the Participant does not agree with any part of these T&C, they should not participate in the Token Event and NFT Sale.
2. Risk Disclosure
2.1. The Participant acknowledges and understands that participating in the Token Event and NFT Sale involves various risks, including but not limited to the following:
2.1.1. Successful Deployment of the $HCI Token Platform:
There is a risk that the development and deployment of the $HCI Token platform may not be successful for various reasons, including technical issues, lack of funding, or regulatory obstacles.
2.1.2. Key Personnel:
The success of the $HCI Token platform may depend on key personnel within the Company. There is a risk that these key personnel may leave the Company, which could impact the success of the project.
2.1.3. Regulatory Risk:
Cryptocurrency and blockchain-related projects are subject to regulatory scrutiny in various jurisdictions. There is a risk that regulatory changes or restrictions may affect the legality and operation of the Token Event and NFT Sale.
2.1.4. Tax Risks:
The tax treatment of cryptocurrency transactions and NFT ownership varies by jurisdiction and may change over time. Participants are responsible for complying with their tax obligations.
2.1.5. Risks Associated with Blockchain Technology:
Blockchain technology, on which the $HCI Token platform is based, is subject to security vulnerabilities, software bugs, and other technical risks.
2.2. The Participant acknowledges that the above risks are not exhaustive, and there may be other risks associated with participating in the Token Event and NFT Sale. The Participant should carefully consider these risks before participating.
3. Token Event Information
3.1. The Token Event will commence on September 1, 2023, and will be conducted in accordance with the rules and procedures outlined by the Company.
3.2. The Token will be offered for purchase during the Token Event, and the Participant may acquire Tokens in exchange for the specified purchase amount.
4. HCI NFT Sale Information
4.1. The HCI NFT Sale will run concurrently with the Token Event and will be conducted in accordance with the rules and procedures outlined by the Company.
4.2. HCI NFTs will be offered for purchase during the NFT Sale, and the Participant may acquire HCI NFTs in exchange for the specified purchase amount.
5. Eligibility
5.1. Participation in the Token Event and NFT Sale is open to individuals and entities who meet the eligibility criteria set forth by the Company. The Company may, at its discretion, impose additional eligibility requirements.
5.2. Participants are required to provide accurate and complete information during the registration and participation process for both the Token Event and NFT Sale. Any false or misleading information may result in disqualification from both events.
6. Purchase of Tokens and HCI NFTs
6.1. Participants may purchase Tokens during the Token Event and HCI NFTs during the NFT Sale by following the specified procedures and instructions provided by the Company.
6.2. The purchase of Tokens and HCI NFTs may require payment in cryptocurrency or other accepted forms of payment as specified by the Company.
6.3. Participants are responsible for ensuring the accuracy of their payment details and transaction information for both the Token Event and NFT Sale.
6.4. The Company reserves the right to reject or cancel any purchase of Tokens or HCI NFTs if it suspects fraudulent activity or violation of these T&C.
7. Token and HCI NFT Ownership and Use
7.1. Participants acknowledge that ownership of Tokens and HCI NFTs does not confer any ownership rights, equity, or stake in the Company or the $HCI Token platform.
7.2. The Tokens are intended to be used within the $HCI Token platform for specified purposes, as described in official Company documentation.
7.3. HCI NFTs represent unique digital collectibles and may confer certain limited rights as described in official Company documentation.
7.4. Participants understand that the Tokens and HCI NFTs do not represent securities or financial instruments and are intended solely for utility within the platform or as collectible digital assets.
8. Transfer of Tokens and HCI NFTs and Assignment
8.1. Participants may not purchase Tokens or HCI NFTs on behalf of third parties.
8.2. Participants may not transfer legal rights over the Tokens or HCI NFTs to third parties before the Token Generation Event (TGE) or NFT Sale completion.
8.3. Token and HCI NFT transfers to third parties may only occur following the TGE or NFT Sale completion, as applicable.
8.4. Any obligations or covenants in these T&C are solely between the Participant and the Company and may not transfer with the Tokens or HCI NFTs.
8.5. The Company reserves the right to assign, delegate, or transfer its rights and obligations under these T&C to related entities or in the event of corporate changes.
9. Taxes
9.1. Participants are responsible for their own tax affairs, including any tax liabilities arising from the purchase and use of Tokens and HCI NFTs. This includes calculating, collecting, declaring, and paying all applicable taxes as required by their local jurisdiction.
9.2. The Company is not responsible for collecting, reporting, or remitting taxes on behalf of Participants.
9.3. Participants must provide accurate and complete tax-related information as requested by the Company.
9.4. Participants agree to indemnify and hold the Company harmless from any tax-related claims or liabilities.
10. Representations and Warranties
10.1. Each Party represents and warrants to the other:
Full power and capacity to enter into these T&C.
Valid existence under applicable laws.
These T&C constitute legal, valid, and binding obligations.
10.2. Participants acknowledge:
The risk of project failure at any stage of development.
The early stage of development of the $HCI Token platform.
Tokens and HCI NFTs do not represent securities or financial investments.
10.3. Neither Party provides warranties, express or implied, except as expressly provided in these T&C.
10.4. Participants must promptly update the Company if any provided information becomes inaccurate or incomplete.
11. Limitation of Liability
11.1. The Company’s liability is limited to the extent allowed by applicable law and is limited to foreseeable, typically occurring damages for breach of principal contractual duties.
12. Data Protection
12.1. The Company collects and processes Participant data in compliance with applicable data protection laws.
13. Intellectual Property Rights
13.1. All intellectual property rights related to the $HCI Token platform, Tokens, HCI NFTs, and other related assets belong to the Company and third-party proprietors as applicable.
