Terms Of Use

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Table of Contents

Version 20210817

Standard Token Terms

Company overview  

Standard Technologies Limited – (herein after The Company) is incorporated in the Republic  of Seychelles. The company has designed, built, and deployed a state of the art web based  platform known as ‘The Standard Protocol’. The Standard protocol is a decentralized finance  (Defi) infrastructure project that enables users to generate stable cryptocurrencies by utilizing  asset-backed loans without intermediaries. The protocol focuses on physical and crypto assets as collateral and will be entirely managed by the community of Standard Token  holders. Users will receive Standard Tokens that will work along side the newly developed  ecosystem by the company.  

Standard Token(s) will be built using distributed ledger technology which contains  unchangeable code functions, leveraging software which will enable its users to own and  trade a specific type of Standard Token.  

As part of an international growth strategy, it is anticipated that Standard Token will provide  new and advanced features to its units which are designed to expanded its abilities.  Additionally, the company will enhance its administrative, technical and development  services to this blockchain technology network enabled by its users.  

In order to fund software development, promotion, marketing, legal compliance procedures,  and ecosystem building, Standard Token initiates this crowdfunding campaign to offer  software Standard Tokens for sale to users, charitable donors, and others interested in the  promotion of our offering.  

Overview of Network and Services  

The Standard is a totally revolutionary platform that uses elements of blockchain, AI, AR,  and Web Based Data transfer to enable users to interact with online data in a totally unique  way.  

The Standard Token will be built on the Ethereum blockchain technology and accessible  from most computer and mobile devices with a private wallet.  

The Standard Token and the The Standard Platform have been developed by some of the  most technological minded individuals in the crypto-industry backed by a team featured in  major publications across the globe.  



Your purchase of Standard Token (“Standard Tokens”) during the Standard Token sale period (“Sale Period”) from The Standard (“Company,” “we,” or “us”) or your acquiring and  using the Tokens at any point is subject to these Terms of Sale (“Terms”). Each of you and  Company is a “Party,” and together the “Parties.” For the avoidance of doubt these terms  shall apply at all times regardless of how you acquire Standard Tokens.  

By purchasing Standard Tokens from us during the Sale Period or using Standard Tokens at  any time 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 www.thestandard.oi  

Updates to the Terms and Conditions of the Standard Tokensale:  

Standard Token reserves the right, at its sole discretion, to change, modify, add, or remove  portions of the Terms at any time during the sale by posting the amended Terms on the  Standard Token website Any Purchaser will be deemed to have accepted  such changes by purchasing a unit, Standard Tokens, engaging with our website, using a unit  at any time or undertaking any action for the advancement of the project. These Terms may  not be otherwise amended except in a signed writing executed by both the user and The  Stanadrd. For purposes of this agreement, “writing” does not include an e-mail message and a  signature does not include an electronic signature. If at any point you do not agree to any  portion of the then-current version of the Terms, you should not purchase or use any Standard  Tokens at any point during the sale period or at any time after.  

You and Standard Token agree as follows:  

Purpose and Use of Standard Tokens in the Network  

The purpose of the Standard Token is to facilitate the unit and the network protocol being  created and released by Company which allows users engage with an online gaming  multiverse. ( the “Network”) (OVERVIEW OF COMPANY). (collectively, the “Services”).  These services, website, and software applications are designed to complement certain social  objectives aimed to promote social and general inclusion of all users.  

The Standard Tokens issued during the sale period are intended to facilitate the provision of  Services from Company through Company’s software applications, and product development  which serves as a user interface and development platform on the Network. Important  additional details regarding the Network, Services, and Company are provided in Exhibit A,  and other exhibits herein.  

The sale of Standard Tokens is not a solicitation for investment and in no way is intended as  an offering of securities in any jurisdiction. This includes tokens which are sold via any third  party or made available for trade such as on an exchange. This is a crowdfunding project and  

reward program where those who put in certain amounts of money will be rewarded with  Standard Tokens.  

Since the Standard Tokens are designed only for particular uses with respect to the Standard  Token ecosystem, it is not necessarily merchantable and does not necessarily have any other  use or value. Standard Token views our Standard Token(s) as a kind of consumable virtual  fuel or tool(s) without any specific outlook or expectation on its merchantability or market  price. 


Being a transfer mechanism to establish the level of participation by a user the to enable us to  develop the Standard Token Ecosystem, by its design The Standard Token Standard Token is  NOT and shall in NO case be understood, deemed, interpreted or construed as:  

(i) any kind of currency or money, whether fiat or not;  

(ii) equity interest, voting or nonvoting securities (or its like) in, or claims against, Standard  Token including its members, shareholders, consultants, directors or any other entity in any  jurisdiction;  

(iii) equity or debt investment of any kind in any venture; (iv) any securities having intrinsic  value or market price; (v) any form of financial derivatives; 

(vi) any commercial paper or negotiable instrument;  

(vii) any form of investment contract between the relevant holder and any other person; (viii)  any commodity or asset that any person is obliged to redeem or purchase; or  

(ix) any note, bond, warrant or other certificate that entitles the holder to interest, dividend or  any kind of return from any person.  

For more information about Standard Token , our Wallet, Services, the box, the website, or  the Standard Tokensale Event, please visit ( the “Site”), The Standard  Token Standard Token Sale Event or Terms of Services, or Terms of Standard Token Sale, or  the Whitepaper (“Whitepaper”).  


(i) Participation in the Standard Token sale is voluntary. No person will be deemed as  committed or obliged to participate in the Standard Token Sale Event or purchase any  Standard Tokens for visiting the site, registering himself/herself with the site, requesting or  reading any materials (such as this Disclaimers, or the Whitepaper) made available by  Standard Token website or communicating with The Standard in any manner. Only those  who sign a SAFT document are deemed to have committed themselves to purchase subject to  the terms contained within that contract and this document.  

Since Purchase of Standard Tokens during this Token Sale Event is made on a purely  voluntary basis, it should be understood that Purchase, holding, or use of any Standard  Tokens is not risk- free. See “Risk Factors” discussed below for details.  

(ii) Each person shall only participate in the Standard Token Sale Event (a “Purchaser”)  through the personal web account, registered on our website.  

(iii) Each Purchaser will, upon participating in the Standard Token Sale Event, be deemed as  having perused and comprehended these Disclaimers, the SAFT, the Whitepaper, and the  Terms of Standard Token Sale in full (inter alia, the risk factors set forth below) and having  voluntarily accepted all the warranties and disclaimers made and the risks disclosed within  each. 

(iv) Relevant Standard Tokens subscribed by any Purchaser will be sent by Standard Token to their address specified by the Purchaser during sign up.  

(v) Standard Token shall be entitled to take any action to identify any Purchaser at any time,  even after the close of the Payment Window (as defined in EXHIBIT A). If Standard Token conducts “know your customer” exercises or any other kind of customer due diligence to  verify the identities of all or part of the Purchasers, the Purchasers concerned shall timely  provide all such information and meet all such requests as may be sought or instructed by  Standard Token for that purpose.  

(vi) If Standard Token discovers the purchase of Standard Tokens by any Purchaser violating  any anti-money laundering, counter-terrorism financing or other regulatory requirements,  such purchase shall be invalid with retroactive effect and Standard Token shall be entitled to  immediately deny the relevant person’s admissibility to the Standard Token Sale Event, reject  delivery of any Standard Token and request return of any delivered Standard Tokens,  irrespective of any payment that could have been made by that Purchaser.  


You are responsible for implementing reasonable measures for securing the wallet, or other  storage mechanism you use to receive and hold Standard Tokens you purchase from us,  including any requisite private key(s) or other credentials necessary to access such storage  mechanism(s). If your private key(s) or other access credentials are lost, you may lose access  to your Standard Tokens. We are not responsible for any such losses.  


Purchases of Standard Tokens should be undertaken only by individuals, entities, or  companies that have significant experience with, and understanding of, the usage and  intricacies of cryptographic Standard Tokens, like Bitcoin(“BTC”), and blockchain based  software systems. Purchasers should have functional understanding of storage and  transmission mechanisms associated with other cryptographic Standard Tokens. While the  Standard Token Team will be available to assist Purchasers of Standard Tokens during and  after the sale, Standard Token will not be responsible for lost cryptocurrency, such as BTC,  ETH, or other resulting from actions taken by, or omitted by Purchasers. Note, in particular,  that our Standard Token Purchasers should take great care to write down their wallet  password and not lose it so as to be sure that they will be able to access their Standard Token when it becomes available during or after the initial sale. If you do not have such experience  or expertise, then you should not purchase Standard Tokens or participate in the pre-sale of  Standard Tokens.  


(i) To participate in the Standard Token Sale Event, each Purchaser shall represent and  warrant that: 

(a) All the information submitted by him/her to Standard Token is true, complete, valid and  non- misleading;  

(b) He/she is not a citizen, tax resident or green card holder of the United States of America,  Singapore, South Korea, or China.  

(c) He/she is of sufficient age to participate in the Standard Token Sale Event and is a natural  person with full civil capacity of conduct under the laws of the jurisdiction where he/she is  domiciled or maintains citizenship;  

(d) He/she is a seasoned participant, backer, expert, technician and/or professional in the  fields of blockchain, distributed ledger technology and crypto-Standard Tokens,  cryptocurrency and financial market and is fully aware of the risks associated with the  development and use of the Standard Token (Wallet) and Ecosystem;  

(e) His/her participation in the Standard Token Sale Event is voluntary and based on his/her  own independent judgment without being coerced, solicited or misled by anyone else;  

(f) He/she is permitted by the laws of each jurisdiction to participate in the Standard Token Sale Event and is legally permitted to acquire, receive and hold crypto-Standard Tokens;  

(g) No consent, approval, order or authorization of, or registration, qualification, designation,  declaration or filing with, any governmental authority is required on his/her part in  connection with the participation in the Standard Token Sale Event;  

(h) He/she is experienced in and capable of maintaining and safekeeping the Bitcoin or  Ethereum private key(s) of the sending address out of which he/she makes any payment for  purchasing the Coin;  

(i) He/she only uses such crypto-Standard Tokens as lawfully acquired through mining and/or  trading to make payment in the Standard Token Sale Event and does not participate in the  Standard Token Sale Event for any money-laundering, terrorism financing or other illicit  purpose;  

(j) He/she aims to acquire Standard Tokens from Standard Token primarily for using the  designed functions of the Standard Token Ecosystem without expectation of any profit or  financial yield and does not contemplate to use Standard Token Standard Tokens for any  financial, speculative, illegal or unethical purpose; and  

(k) (Except having specifically communicated to and been permitted by Standard Token in  advance) he/she is participating in the Standard Token Sale Event for his/her own benefit and  is not acting as a nominee or agent for or on behalf of any third party.  

All the above representations and warranties made by a Purchaser shall be true, complete,  accurate and non-misleading on and from the date of that Purchaser making a payment  hereunder throughout the Standard Token Sale Event and onwards. Standard Token reserves  the right to reject and invalidate the payment by, and withhold the relevant Standard Token Standard Tokens from, any Purchaser who has made a false representation in the sole  judgment of Standard Token . 

We do not operate or maintain all aspects of the Network, and as such, we have no  responsibility or liability for the Network or any ability to control third parties’ use of the  Network.  

Ownership of Standard Tokens carries no rights, express or implied, other than the right to  use Standard Tokens as a means to enable usage of and interaction with the Network, if  successfully completed and deployed. In particular, you understand and accept that Standard  Tokens do not represent or confer any ownership right or stake, share or security or  equivalent rights, or any right to receive future revenue shares, intellectual property rights or  any other form of participation in or relating to the Network and/or Company and its  affiliates, other than rights relating to the provision and receipt of Services in the Network,  subject to limitations and conditions in these Terms and applicable Network Terms and  Policies (as defined below). You understand and accept that the Standard Tokens are not  intended to be a digital currency, security, commodity or any other kind of financial  instrument.  

Scope of Terms  

Unless otherwise stated herein, these Terms govern initially your purchase of Standard  Tokens from us during the Sale Period.  

Any use of Standard Tokens in connection with providing or receiving Services in the  Network will be governed additionally by other applicable terms and policies, which  currently include our Terms of Service available on our website, these Terms and Conditions  – Disclaimers our online and mobile Terms of Use and our Privacy Policy (collectively, the  “Terms and Policies”). As mentioned above, we may add new terms or policies to the  Network Terms and Policies in our sole discretion, and may update each of the Network  Terms and Policies from time to time according to modification procedures Standard Token may choose to implement.  

To the extent of any conflict with these Terms, the Network Terms and Policies shall control  with respect to any issues relating to the use of Standard Tokens in connection with providing  or receiving Services in the Network.  

Cancellation; Refusal of Purchase Requests  

Your purchase of Standard Tokens from us during the Sale Period is final, and there are no  refunds or cancellations except as may be required by applicable law or regulation. We  reserve the right to refuse or cancel Standard Token purchase requests at any time in our sole  discretion.  

Terms of Standard Token Sale: Procedures and Specifications  

Important information about the procedures and material specifications of our Standard  Token sale is provided in Exhibit B, including, but not limited to, details regarding the timing  and pricing of the Standard Token sale, the amount of Standard Tokens we will sell, and our  anticipated use of the Standard Token sale proceeds. By purchasing Standard Tokens, you  acknowledge that you understand and have no objection to these procedures and material  specifications. 

Acknowledgment and Assumption of Risks  

You acknowledge and agree that there are risks associated with purchasing Standard Tokens,  holding Standard Tokens, and using Standard Tokens for providing or receiving Services in  the Network, as disclosed and explained in Exhibit C. If you have any questions regarding  these risks, please contact us via our website. BY PURCHASING STANDARD TOKENS,  YOU EXPRESSLY ACKNOWLEDGE AND ASSUME THESE RISKS.  

Personal Information  

We may determine, in our sole discretion, that it is necessary to obtain certain information  about you in order to comply with applicable law or regulation in connection with selling  Standard Tokens to you. You agree to provide us such information promptly upon request,  and you acknowledge that we may refuse to sell Standard Tokens to you until you provide  such requested information and we have determined that it is permissible to sell you Standard  Tokens under applicable law or regulation.  


The purchase price that you pay for Standard Tokens is exclusive of all applicable taxes. You  are responsible for determining what, if any, taxes apply to your purchase of Standard  Tokens, including, for example, sales, use, value added, and similar taxes. It is also your  responsibility to withhold, collect, report and remit the correct taxes to the appropriate tax  authorities. We are not responsible for withholding, collecting, reporting, or remitting any  sales, use, value added, or similar tax arising from your purchase of Standard Tokens.  

Representations and Warranties  

By purchasing Standard Tokens, you represent and warrant that: You have read and  understand these Terms (including all Exhibits);  

You have sufficient understanding of the functionality, usage, storage, transmission  mechanisms and other material characteristics of cryptographic Standard Tokens, Standard  Tokenstorage mechanisms (such as Standard Tokenwallets), blockchain technology and  blockchain-based software systems to understand these Terms and to appreciate the risks and  implications of purchasing the Standard Tokens;  

You have obtained sufficient information about the Standard Tokens to make an informed  decision to purchase the Standard Tokens;  

You understand that the Standard Tokens confer only the right to provide and receive  Services in the Network and confer no other rights of any form with respect to the Network  or Company or its corporate affiliates, including, but not limited to, any voting, distribution,  redemption, liquidation, proprietary (including all forms of intellectual property), or other  financial or legal rights;  

You are purchasing Standard Tokens to provide or receive Services in the Network and to  support the development, testing, deployment and operation of the Network. You are not 

purchasing Standard Tokens for any other uses or purposes, including, but not limited to, any  investment, speculative or other financial purposes;  

Your purchase of Standard Tokens complies with applicable law and regulation in your  jurisdiction, including, but not limited to, 

(i) legal capacity and any other threshold requirements in your jurisdiction for purchasing the  The  

Standard Tokens, using the Standard Tokens in the Network, and entering into contracts with  us, (ii) any foreign exchange or regulatory restrictions applicable to such purchase, and (iii) any governmental or other consents that may need to be obtained;  

You will comply with any applicable tax obligations in your jurisdiction arising from your  purchase of Standard Tokens;  

If you are purchasing Standard Tokens on behalf of any entity, you are authorized to accept  these Terms on such entity’s behalf and that such entity will be responsible for breach of  these Terms by you or any other employee or agent of such entity (references to “you” in  these Terms refer to you and such entity, jointly);  

You are not a resident or domiciliary of The United States of America, China, or Singapore,  or purchasing Standard Tokens from a location in either of these jurisdictions; and You are not 

(i) a citizen or resident of a geographic area in which access to or use of the Services is  prohibited by applicable law, decree, regulation, treaty, or administrative act,  

(ii) a citizen or resident of, or located in, a geographic area that is subject to U.S. or other  sovereign country sanctions or embargoes, or (iii) an individual, or an individual employed  by or associated with an entity, identified on the U.S. Department of Commerce’s Denied  Persons or Entity List, the U.S. Department of Treasury’s Specially Designated Nationals or  Blocked Persons Lists, or the U.S. Department of State’s Debarred Parties List. You agree  that if your country of residence or other circumstances change such that the above  representations are no longer accurate, that you will immediately cease using the Services. If  you are registering to use the Services on behalf of a legal entity, you further represent and  warrant that (i) such legal entity is duly organized and validly existing under the applicable  laws of the jurisdiction of its organization, and (ii) you are duly authorized by such legal  entity to act on its behalf.  

You understand and acknowledge that title to, and risk of loss of, Standard Tokens you  receive from the Smart Contract System (as defined and explained in Exhibit A).  


To the fullest extent permitted by applicable law, you will indemnify, defend and hold  harmless Company and our respective past, present and future employees, officers, directors,  contractors, consultants, equity holders, suppliers, vendors, service providers, parent  companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and  assigns (the “Company Parties”) from and against all claims, demands, actions, damages,  losses, costs and expenses (including attorneys’ fees) that arise from or relate to: 

(i) your purchase or use of Standard Tokens,(ii) your responsibilities or obligations under  these Terms, 

(iii) your violation of these Terms, or (iv) your violation of any rights of any other person or  entity.  

Company reserves the right to exercise sole control over the defense, at your expense, of any  claim subject to indemnification under the applicable sections of the agreement herein. This  indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written  agreement between you and Company.  



Some jurisdictions do not allow the exclusion of certain warranties or disclaimer of implied  terms in contracts with consumers, so some or all of the exclusions of warranties and  disclaimers in this section may not apply to you.  

Limitation of Liability  




Some jurisdictions do not allow the limitation or exclusion of liability for incidental or  consequential damages. Accordingly, some of the limitations of this section may not apply to  you.  


To the fullest extent permitted by applicable law, you release Company and the other  Company Parties from responsibility, liability, claims, demands and/or damages (actual and  consequential) of every kind  

and nature, known and unknown (including, but not limited to, claims of negligence), arising  out of or related to disputes between users and the acts or omissions of third parties. You  expressly waive any rights you may have under principles that would otherwise limit the  coverage of this release to include only those claims which you may know or suspect to exist  in your favor at the time of agreeing to this release.  

Total waiver of Liability 

You hereby warrant and agree that the Company, its directors, members, shareholders or any  other party associated with Standard Token shall not be liable for any losses associated with  the use of, creation, development, obtaining, transfer, holding, or your general participation in  the Standard Tokeneven or possession of the Standard Tokens.  

You further warrant and agree that you hereby hold the company, its members, directors, or  shareholders harmless for any non-development of software features or project development  associated with the Standard Token project. Any forecasts, figures, suggestions, designs, or  ideas are subject to change, compliance, regulations, and development fees. In the event that  Standard Token does not create, develop, or deploy any of its ideas or suggestions provided  

on its website, white paper, or in any press release. The company, directors, members,  shareholders shall not be liable for any losses or breach of this agreement.  


Except for any disputes, claims, suits, actions, causes of action, demands or proceedings  (collectively, “Disputes”) in which either Party seeks injunctive or other equitable relief for  the alleged unlawful use of intellectual property, including, without limitation, copyrights,  trademarks, trade names, logos, trade secrets or patents, you and Company (i) waive your and  Company’s respective rights to have any and all Disputes arising from or related to these  Terms resolved in a court, and (ii) waive your and Company’s respective rights to a jury trial.  Instead, you and Company will arbitrate Disputes through binding arbitration (which is the  referral of a Dispute to one or more persons charged with reviewing the Dispute and making 

a final and binding determination to resolve it instead of having the Dispute decided by a  judge or jury in court).  

No Class Arbitrations, Class Actions or Representative Actions.  

Any Dispute arising out of or related to these Terms is personal to you and Company and will  be resolved solely through individual arbitration and will not be brought as a class arbitration,  class action or any other type of representative proceeding. There will be no class arbitration  or arbitration in which an individual attempts to resolve a Dispute as a representative of  another individual or group of individuals. Further, a Dispute cannot be brought as a class or  other type of representative action, whether within or outside of arbitration, or on behalf of  any other individual or group of individuals.  


Arbitration will be conducted confidentially. Any Dispute shall be referred to and finally resolved by arbitration administered by the Republic of Seychelles applying the laws of the Republic of Seychelles, which rules are deemed to be incorporated by reference in this clause. The seat of the arbitration shall be  the Republic of Seychelles. The Tribunal shall consist of one (1) or three (3) arbitrator(s).  The language of the arbitration shall be English. The Republic of Seychelles legal system will  have exclusive jurisdiction over any appeals and the enforcement of an arbitration award. All  costs of Arbitration will be born and maintained by you.  

Authority of Arbitrator(s)  

As limited by these Terms and the applicable LCIA rules, the arbitrator(s) will have (i) the  exclusive authority and jurisdiction to make all procedural and substantive decisions  regarding a Dispute, including the determination of whether a Dispute is arbitrable, and (ii)  the authority to grant any remedy that would otherwise be available in court; provided,  however, that the arbitrator does not have the authority to conduct a class arbitration or a  representative action, which is prohibited by these Terms. The arbitrator(s) may only conduct  an individual arbitration and may not consolidate more than one individual’s claims, preside  over any type of class or representative proceeding or preside over any proceeding involving  more than one individual.  

Severability of Dispute Resolution and Arbitration Provisions.  

If any term, clause or provision of this Section is held invalid or unenforceable, it will be so  held to the minimum extent required by law, and all other terms, clauses and provisions of  this Section will remain valid and enforceable. Further, the waivers set forth in this Section  are severable from the other provisions of these Terms and will remain valid and enforceable,  except as prohibited by applicable law.  

Governing Law and Venue  

These Terms will be governed by and construed and enforced in accordance with the laws of  the United Kingdom (Specifically the The Republic of Seychelles) without regard to conflict 

of law rules or principles that would cause the application of the laws of any other  jurisdiction. Any Dispute between the Parties arising out or relating to these Terms or its  subject matter or formation (including non-contractual Disputes of claims) that is not subject  to arbitration will be resolved in the courts of The Republic of Seychelles applying the laws  of the The Republic of Seychelles.  


If any term, clause or provision of these Terms is held unlawful, void or unenforceable, then  that term, clause or provision will be severable from these Terms and will not affect the  validity or enforceability of any remaining part of that term, clause or provision, or any other  term, clause or provision of these Terms.  


These Terms constitute the entire agreement between you and us relating to your purchase of  Standard Tokens from us. We may make changes to these Terms from time to time as  reasonably required to comply with applicable law or regulation. If we make changes, we will  post the amended Terms at our website and update the “Last Updated” date above. The  amended Terms will be effective immediately. We may assign our rights and obligations  under these Terms. Our failure to exercise or  

enforce any right or provision of these Terms will not operate as a waiver of such right or  provision. 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.  

Purchasing Standard Tokens from us does not create any form of partnership, joint venture or  any other similar relationship between you and us. Except as otherwise provided 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. 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.  


The parties hereto agree to a uniform waiver of any and all claims in equity, contract, or  criminal, against one another weather known, unknown, or anticipated.  


The user may not assign this agreement under any circumstances. Standard Token may assign  it to a third party or other corporation by providing written notice to the other party.  

* ****  

Exhibit A 


These additional Terms of Service and Use (Hereinafter ” Exhibit A Terms” or “Terms of  Service”) are made between you (Hereinafter the “User” or “you”) and Standard  Technologies Limited (“The Standard”, “we”, “us” or “The Company”) (Hereinafter 

collectively called “The Parties”). By engaging with or using the (the  “Site”), purchasing Standard Tokens, or utilizing any of Standard Token services, you are  deemed to have accepted these Terms of Service. If you do not agree with these Terms of  Service or any of the clauses contained within, you should no longer continue using the  

Standard Token website.  


Standard Token provides an online feature known as the Wallet ( Hereinafter the “Wallet”)  which allows Users to transfer the ownership of digital assets, or other cryptographically  secured Standard Tokens ( Hereinafter “Standard Tokens”) over blockchain or distributed  ledger technology (“DLT”) – For the avoidance of doubt these are sometimes colloquially  referred to as “cryptocurrencies.” The User wishes to use the Wallet, change ownership of  Standard Tokens, or use any of the other services provided by Standard Token (Hereinafter  “the Services”). In doing so the User agrees to be bound to these Terms of Service. This  agreement is made in good faith between the parties.  

In order for the User to access or use any of the services provided by The Standard, it is  required that You first accept and comply with these Terms. For the avoidance of doubt these  Terms of Service apply to all visitors, users and any other party who accesses or uses either  any of our Services or the Website. They govern the relationship between you and Standard  Token and you should take time to read them carefully.  

All references to the term Standard Token or Company also include its directors, members,  shareholders, officers, agents, employees, or contractors working on their behalf.  

By accessing or using the Service you agree to be bound by these Terms. If you disagree with  any part of the terms then you may not access the Service.  

Electronic Acceptance  

Pursuant to the Electronic Signature laws you are deemed to accept these terms with your  continued use of our website and any of our Services.  

We will provide notice of any amendment to these Terms by posting any revised terms to the  site and updating the “Last updated” field above accordingly or by any other method we  deem appropriate. We are not obligated to provide notice in any other method beyond these.  Any change to these Terms will be effective immediately upon such notice and apply to any  ongoing or subsequent use of the Site, Services, or Wallet.  


At no time are these Terms of Service designed to create a Partnership. The User and  Standard Token are entering into this agreement and at no time does it constitute the creation  of a partnership, agency, or other business relationship in which the Parties can legally bind  each other.  

Qualifications of User in order to use the site 

The User represents and warrants they are at least eighteen (18) years of age, are legally  entitled to use the internet and services like those provided by Standard Token (according to  the laws of any relevant jurisdiction in which you reside), and have not had your right to use  our service previously suspended or revoked by us.  

Illegal and Prohibited Use  

The User represents and warrants that they will not use the Site, Coin, Network or Wallet for  any criminal, illegal, or otherwise prohibited use, including (but not limited to) activities  related to money laundering, drugs trafficking, human trafficking, weapon trafficking,  terrorism, securities fraud, or tax evasion.  

The User further represents and warrants that they will not use the Standard Token Services  or Wallet to assist any other party in activities which are not compatible with their domestic  or international civil or criminal laws.  

From time to time as required by various Money Laundering regulations and regulatory  bodies the User may be required to provide identification documents associated with them in  order to prove identification or ownership of banking facilities. In the event that Standard  Token is required to examine personal information relating to a User, Standard Token reserves the right to suspend or pause the User account until such time as they have  reasonably identified themselves or ownership of banking facility.  

During such suspension time the User will not be able to access any Standard Tokens or  Funds already deposited in their account or Wallet.  

Identification documents that are accepted include government issued ID and Certified  Banking Documentation provided by your banking or financial institution.  

At all times the User agrees to indemnify and hold harmless Standard Token for any claims  or causes of action arising from or out of any investigation or enquiries made from any  government or extra-governmental body responsible for financial regulatory conduct that  holds jurisdiction over the User.  

The User represents and warrants that they will in no way use the Wallet or Services to:  distribute spam, junk communications or chain letters; reverse engineer or otherwise  improperly access any of the Site’s or the Wallet’s underlying code or technical mechanisms;  cause damage to the Site or Standard Token through any means, including, but not limited to,  through the use of hacking, malware, viruses, illegitimate credentials, phishing, brute force  attacks, SQL exploits, or any other method of detrimentally intercepting, interrupting, or  damaging any information or functionality related to the Site. You also agree not to transfer  access to your Account (as defined below) or any other rights granted to you by these Terms.  

Registration and Account  

In order to use our Services you are first required to create an account with Standard Token (“Account”). 

During the registration process you may be asked questions about yourself. This information  is used in order to determine if you are eligible for an Account. You warrant and agree that  all information provided when creating an Account is current, complete, and accurate.  

The User will promptly notify Standard Token of any changes to any information that would  cause the information provided upon your Account’s creation to no longer be current,  complete or accurate.  

The User also expressly agrees that no Account will be created until such time as they have  successfully confirmed their identity and satisfied Standard Token that they are who they  claim to be during registration. This includes all personal and contact information such as  email address and contact number.  

You agree that you exclusively will access and use your Account, and may not transfer the  right of its use or disclose any log-in credentials to a third party without our written consent.  You agree to take full responsibility for any activity that occurs through the use of your  account, and cannot transfer this obligation to any third party. You agree to notify Standard  Token in the event that you discover or  

suspect any security breaches or vulnerabilities related to the Site, Services or Wallet.  

Each User is responsible for their own account, They are not to share passwords or  identifying information with any other party.  

No accounts are to be created by Agents acting on behalf of another party. Each User is only  to have one account.  


Limitation of Liability  

The User hereby warrants and agrees that Standard Token is not responsible whatsoever for  any damages caused by the interception, loss or alteration to any information sent over the  internet.  

While Standard Token will take reasonable steps to ensure the security and privacy of any  information transmitted during your use of our Services, in no event will any such  information be considered “confidential” or will its disclosure to a third party, accidental or  otherwise, cause liability against Standard Token , even if it occurs as a result of our  negligence.  

The use of Standard Token Services is undertaken “at risk” meaning that Standard Token will  hold no responsibility toward the User, or any third party, for any actual or anticipated loss  resulting from the use of Services. Standard Token takes every reasonable precaution to  prevent and mitigate attacks. However, these problems still may occur from time to time for  reasons that are out of our control.  

If Standard Token believes a Standard Token active in the Wallet has been compromised or is  under attack, Standard Token reserves the right to immediately stop all Services related to 

such Coin. If it is determined that such an attack caused an associated Standard Token to  rapidly lose value or otherwise cause or threaten to cause damage to the Wallet, the Site, or  other users, Standard Token may immediately discontinue all activity regarding such  Standard Token entirely at its discretion.  

Resolution concerning deposits, withdrawals, account balances, services or other disputes  related to an attacked Standard Token will be determined on a case-by-case basis.  

Standard Token makes no representation and does not warrant the safety of the Wallet and is  not liable for any lost value or stolen property, regardless of whether Standard Token was  negligent in providing appropriate security.  

Standard Token , its members, freelancers, or anyone working on their behalf hold no  liability to the client for any actual or anticipatory damages from breach of this contract.  

Mutual Release  

By this Agreement each party hereto releases the other party hereto from all claims, demands,  damages, rights, liabilities, and causes of action of any nature whatsoever, whether at law or  equity, known or  

unknown, suspected or unsuspected, which are related or in any manner incidental to the  Lease and which first arise out of transactions and occurrences from and after the  Termination Date. Each party waives and relinquishes any right or benefit which it has or  may have under applicable law regarding waiver of unknown claims to the full extent that it  may lawfully waive such rights and benefits. In connection with such waiver and  relinquishment, each party acknowledges that it is aware that it or its lawyers or accountants  may hereafter discover facts in addition to or different from those which it now knows or  believes to exist with respect to the subject matter of this Agreement or the other party hereto  but that is such parties intention hereby fully, finally, and forever to settle and release all of  the claims, disputes, and differences, known or unknown, suspected or unsuspected, which  now exist or may exist hereafter between each party.  

Nothing contained in this section will remove the right of Standard Token to recover unpaid  sums due for their performance under this contract and any costs associated with the recovery  of that sums owed to them by the User.  

Standard Token Does Not Provide Legal, Financial or Investing Advice  

At no time does Standard Token provide any legal, financial, investing advice and any  publicised, provided, or referred to information or publications should not be  considered as such.  

Standard Token ‘s documents, site or services are not any other kind of specialized or  expert advice on which the User might detrimentally depend, causing liability against  Standard Token . In using the Wallet, you represent and warrant that you have sought  any legal, financial, investment or otherwise specialized advice from an expert qualified  to provide such counsel, or else you have the sufficient knowledge and sophistication to  evaluate the risks and merits associated with Blockchain and/or Standard Token management and offerings and to competently use our Services. We give no warranty 

regarding the suitability of any Standard Tokens or other assets acquired using our  Wallet and assume no fiduciary duties to you.  

The User represents and warrants the understanding that any recommendations or  commentary made by Standard Token or its employees or other users should be  considered generalised in nature, and you should use your own judgement or seek the  advice of an expert before taking any action regardless of such statement. We give no  assurance as to the accuracy or completeness of any such statement.  

At all times the User agrees to undertake their own due diligence regarding the use of  online digital Wallets and Standard Tokens before engaging in any of the Services  provided by Standard Token .  

Purchase of Standard Tokens  

The User can transfer BTC, ETH, and other permitted cryptocurrencies to our Wallet to  purchase Standard Tokens listed on the Site.  

Funds will appear in your Account depending on the processing time of the transaction, the  User understands that this is out of Standard Token ’ control.  

Once the transferred funds are posted to your Account in a form of online receipt, Standard  Token 

warrants to record the purchase of the Standard Token at the first day of the Standard Token sale Event based on the market price of the Cryptocurrency of your deposit. Additionally, if  your deposit of funds happened during the official pre-sale period, your total Standard Token 

number will include the bonus Standard Token amount based on your deposit date applicable  to a specified bonus amount.  

Standard Tokens can only be purchased during the official Standard Token sale period by  accepting the respective Terms of Standard Token Sale. No withdrawals are allowed during  the Standard Token Sale event, including pre-sale period. For any inquiries please contact  support team at via our website.  

Distribution of Standard Tokens  

Standard Tokens purchased by the User will be issued according to the respective Terms of  Standard Token Sale ( and further detailed in Exhibit B). Once issued by the seller of the  Standard Tokens, Standard Token will distribute them to your Account.  

Standard Tokens will be available in your Account until you transfer them outside of the  Wallet. You shall be responsible for implementing reasonable measures for securing the  wallet, or other storage mechanism you decide to use to receive and hold Standard Tokens  outside of your Account, including any requisite private key(s) or other credentials necessary  to access such storage mechanism(s).  

If your private key(s) or other access credentials are lost, you may lose access to the  purchased Standard Tokens. Standard Token shall not be responsible for any such losses. 





We grant you a limited, nonexclusive, nontransferable license (“License”) to access our  network and use our Wallet, box, Site and Services.  

This License is subject to these Terms. Any other use of the Services not expressly permitted  by these Terms is prohibited. All other rights in the Wallet are reserved by Standard Token and our licensors, including that to any content or functionality as presented on the Site or the  Wallet. “Standard Token ,” and all logos related to Services or displayed on the Site are  registered marks of Standard Token or its affiliates.  

You will not redistribute, claim ownership, license, deconstruct, reverse engineer, alter,  incorporate  

into any other works or websites, or otherwise exploit any such content or functionality  without prior express written consent of Standard Token .  


We may terminate or suspend your License to use our Services without prior notice or  liability for any reason whatsoever, including (but not limited to) breaching of these Terms.  Nothing in these terms or in any other communication or action by Standard Token or our  employees, agents or representatives should be taken as a waiver of any legal remedies  available for any event causing termination.  

All provisions of the Terms which by their nature should survive termination shall survive  termination, including (but not limited to) ownership provisions, disclaimers or limitations of  obligations or liability, and indemnity.  


Standard Token reserves the right to assign this agreement or any part hereto to a third party  without the written consent of the User.  

Any assignment will be notified to the User by email prior to the assignment of these Terms  of Service.  

Links to other Web Sites  

Standard Token or other users may provide links to third-party web sites or services that are  not owned or controlled by Standard Token . Standard Token has no control over, and 

assumes no responsibility for, the content, privacy policies, or practices of any third party  web sites or services.  

You further acknowledge and agree that Standard Token shall not be responsible or liable,  directly or indirectly, for any damage or loss caused or alleged to be caused by or in  connection with use of or detrimental reliance on any information, content, goods or services  available on or through any such web sites or services. Standard Token is not liable for any  loss or damage incurred as a result of interacting with any third party content on our Site.  

The owners of this website and the company cannot guarantee or verify the contents of any  externally linked website despite their best efforts. Users should therefore note they click on  external links at their own risk and this website and its owners cannot be held liable for any  damages or implications caused by visiting any external links mentioned.  

This website may contain sponsored links and adverts. These will typically be served through  our advertising partners, to whom may have detailed privacy policies relating directly to the  adverts they serve.  

Clicking on any such adverts will send you to the advertisers website through a referral  program which may use cookies and will track the number of referrals sent from this website.  This may include the use of cookies which may in turn be saved on your computer’s hard  drive. Users should therefore note they click on sponsored external links at their own risk and  this website and its owners cannot be held liable for any damages or implications caused by  visiting any external links mentioned.  

The owners of this website and the company cannot guarantee or verify the contents of any  externally linked website despite their best efforts. Users should therefore note they click on  external links at their own risk and this website and its owners cannot be held liable for any  damages or implications caused by visiting any external links mentioned.  

Use of Cookies  

This website uses cookies to better the users experience while visiting the website. Where  applicable this website uses a cookie control system allowing the user on their first visit to the  website to allow or disallow the use of cookies on their computer / device. This complies  with recent legislation requirements for websites to obtain explicit consent from users before  leaving behind or reading files such as cookies on a user’s computer / device.  

Cookies are small files saved to the user’s computer’s hard drive that track, save and store  information about the user’s interactions and usage of the website. This allows the website,  through its server to provide the users with a tailored experience within this website.  

Users are advised that if they wish to deny the use and saving of cookies from this website  onto their computers hard drive they should take necessary steps within their web browsers  security settings to block all cookies from this website and its external serving vendors.  

This website uses tracking software to monitor its visitors to better understand how they use  it. The software will save a cookie to your computer’s hard drive in order to track and monitor  your engagement and usage of the website, but will not store, save or collect personal  information. You can read our privacy policy on our website for further information. 

Other cookies may be stored to your computer’s hard drive by external vendors when this  website uses referral programs, sponsored links or adverts. Such cookies are used for  conversion and referral tracking and typically expire after 30 days, though some may take  longer. No personal information is stored, saved or collected.  

Contact and Communication  

Users contacting this website and/ or The Company do so at their own discretion and provide  any such personal details requested at their own risk.  

Your personal information is kept private and stored securely until a time it is no longer  required or has no use, as detailed in the Data Protection Act. Every effort has been made to  ensure a safe and secure form to email submission process but advise users using such form  to email processes that they do so at their own risk.  

This website and its owners use any information submitted to provide you with further  information about the products / services they offer or to assist you in answering any  questions or queries you may have submitted.  

This includes using your details to subscribe you to any email newsletter program the website  operates but only if this was made clear to you and your express permission was granted  when submitting any form to email process. Or whereby you the consumer have previously  purchased from or enquired  

about purchasing from the company a product or service that the email newsletter relates to.  This is by no means an entire list of your user rights in regard to receiving email marketing  material. Your details are not passed on to any third parties.  

In sending the company or the website your personal information you are consenting to allow  the company to contact you subject to the above conditions. Any data held by the company  relating to individuals will be stored and destroyed once a period of 12 months of no  communication has occurred between The User and The Company.  

The company will never knowingly or willingly pass information it holds on Users (For  clarity this includes: clients, prospects, or website users) onto a third party without the  consent of the said user.  

Email Communications  

From time to time The Company operates an email newsletter program, used to inform  subscribers about products and services supplied by this website. Users can subscribe through  an online automated process should they wish to do so but do so at their own discretion.  Some subscriptions may be manually processed through prior written agreement with the  user.  

All personal details relating to subscriptions are held securely and in accordance with the  Data Protection Act 1998. No personal details are passed on to third parties nor shared with  companies / people outside of the company that operates this website. 

Under the Data Protection Act you may request a copy of personal information held about  you by this website’s email newsletter program. A small fee will be payable. If you would  like a copy of the information held on you please write to us using the contact details  contained on the website.  

Email marketing campaigns published by this website or its owners may contain tracking  facilities within the actual email. Subscriber activity is tracked and stored in a database for  future analysis and evaluation. Such tracked activity may include; the opening of emails,  forwarding of emails, the clicking of links within the email content, times, dates and  frequency of activity [this is by no far a comprehensive list].  

This information is used to refine future email campaigns and supply the user with more  relevant content based around their activity.  

In compliance with international spam Laws and the Privacy and the European Electronic  Communications Regulations 2003 subscribers are given the opportunity to un-subscribe at  any time through an automated system. This process is detailed at the footer of each email  campaign. If an automated un-subscription system is unavailable clear instructions on how to  un-subscribe will by detailed instead.  

Copyright of Communications In Connection With Our Services  

You agree that any materials, information or communications transmitted between the User  and Standard Token in any form, or between the User and any other Standard Token user via  our Wallet, are non-confidential and will become the sole, exclusive property of Standard  Token .  

Standard Token will own all intellectual property rights to such communications or materials,  and  

can use or disseminate them in a completely unrestricted fashion for any legal purpose,  commercial or otherwise, without notifying or compensating you. You hereby waive any  right to litigation or recovery for perceived damages caused by the use of this information as  is permissible by law.  

Social Media Platforms  

Communication, engagement and actions taken through external social media platforms that  this website, the company, and its owners participate on are custom to the terms and  conditions as well as the privacy policies held with each social media platform respectively.  

Users are advised to use social media platforms wisely and communicate / engage upon them  with due care and caution in regard to their own privacy and personal details. This website  nor its owners will ever ask for personal or sensitive information through social media  platforms and encourage users wishing to discuss sensitive details to contact them through  primary communication channels such as by telephone or email.  

This website may use social sharing buttons which help share web content directly from web  pages to the social media platform in question. Users are advised before using such social  sharing buttons that they do so at their own discretion and note that the social media platform 

may track and save your request to share a web page respectively through your social media  platform account.  

The Company holds responsibility for any and all comments, posts or any other action taken  on social media belonging to the company. Social media can easily be identified as belonging  to the company by the name of the account on the relevant social media platform. Any and all  comments and actions made on social media are not intended to cause offense or serve as a  defamatory action. Each and every posting will be checked for accuracy.  

If you believe your intellectual property rights, personal rights, or any other rights have been  infringed by any action on social media you are to notify the company as soon as possible so  that the company has an opportunity to rectify and/or remove the post.  


The User shall do nothing to bring Standard Token , its members, directors, shareholders, or  any part belonging thereto into disrepute or dispute.  

At all times the User shall be an ambassador of Standard Token and act within its best  interests. They shall do nothing to harm the Company, its members, shareholders, or anyone  associated with it.  

The User shall report and notify Standard Token of any unwanted, unreasonable, bad, or  negative outcomes as to their use of the Website or Services.  


You agree to indemnify, exculpate and hold Standard Token , its representatives, affiliates,  employees and service providers harmless from any claim or demand permissible by law  arising out of or related to the use of these Services, including any breach by you of these  Terms or violation of any law, rule, or rights of a third party. You agree to pay for any legal  fees or other costs that incurred Standard Token or any other indemnified parties as a result of  your actions.  

Disclaimer of Warrants and Guarantees  

Standard Token does not guarantee any level of performance or the continued, uninterrupted  availability of our Services. We do not guarantee the accuracy of any information provided  on the Site. We hereby disclaim all warrants and guarantees that not expressly made in these  Terms.  

Applicable Law and Venue  

The validity, interpretation, construction and performance of these Terms, and all acts and  transactions pursuant hereto and the rights and obligations of the parties hereto shall be  governed, construed and interpreted in accordance with the laws of the Republic of  Seychelles, without giving effect to principles of conflicts of law.  

The laws of The Republic of Seychelles shall apply to this contract and the courts of The  Republic of Seychelles shall hold exclusive jurisdiction over any dispute arising from them. 


As set forth elsewhere among these Terms and Conditions, the parties agree to binding  arbitration. Except for any disputes, claims, suits, actions, causes of action, demands or  proceedings (collectively, “Disputes”) in which either Party seeks to bring an individual  action in small claims tribunals or seeks injunctive or other equitable relief for the alleged  unlawful use of intellectual property, including, without limitation, copyrights, trademarks,  trade names, logos, trade secrets or patents, you and the Company  

(i) waive your and the Company’s respective rights to have any and all Disputes arising from  or related to these Terms resolved in a court, and  

(ii) waive your and the Company’s respective rights to a jury trial. Instead, you and the  Company will arbitrate Disputes through binding arbitration (which is the referral of a  Dispute to one or more persons charged with reviewing the Dispute and making a final and  binding determination to resolve it instead of having the Dispute decided by a judge or jury in  court).  

No Class Arbitration, Class Action or Representative Actions  

Any Dispute arising out of or related to this Agreement is personal to you and the Company  and will be resolved solely through individual arbitration and will not be brought as a class  arbitration, class action or any other type of representative proceeding. There will be no class  arbitration or arbitration in which an individual attempts to resolve a Dispute as a  representative of another individual or group of individuals. Further, a Dispute cannot be  brought as a class or other type of representative action, whether within or outside of  arbitration, or on behalf of any other individual or group of individuals.  

As agreed throughout these Terms, any Dispute shall be referred to and finally resolved by  arbitration administered by the Republic of Seychelles applying the laws of the Republic of Seychelles for the time being in force, which rules are deemed to be incorporated by  reference in this clause. The seat of the arbitration shall be The Republic of Seychelles as  held in English. The Tribunal shall consist of either one (1) or three (3) arbitrator(s). The  language of the arbitration shall be English applying the laws of the Republic of Seychelles.  


Any notices relating to these Terms of Service are to be sent to the company via email found  on our website.  

Survival and Severability  

Any portion of these Terms that reasonably should survive the termination of your License or  any other agreement is hereby agreed to do so. If any provision of these terms is deemed  illegal, invalid or otherwise invalid for any reason, then that provision will be severed and the  rest of these Terms will remain intact and enforceable. 


Our failure to exercise or enforce any rights or provisions of these Terms does not constitute  a waiver of those rights or provisions. These Terms represent the entire and complete  agreement between the User and Standard Token , including any future modification of these  Terms, superseding any prior agreements or communications between you and us. Any  ambiguities in these Terms shall be construed in the light most favourable to Standard Token.  

Act of God  

Standard Token ‘ performance under these Terms shall be excused if the failure of such  performance is caused by forces beyond its reasonable control. This includes (but is not  limited to) acts of God, acts of any government, war or civil unrest, severe weather, fire,  

natural disasters, political embargoes, terrorism, power or equipment failure, industrial or  labor disputes or controversies, acts of any third party, or blockchain failures. Thus Standard  Token is not liable for failure to perform solely caused by unavoidable force majeure  casualty, acts by common carriers, emergency conditions, or any similar unforeseen event  that renders performance commercially implausible.  

If such an event of force majeure occurs, the party injured by the other’s inability to perform  may elect to suspend the Agreement, in whole or part, for the duration of the force majeure  circumstances. The party experiencing the force majeure circumstances shall cooperate with  and assist the injured party in all reasonable ways to minimize the impact of force majeure on  the injured party.  

Exhibit B  

TERMS OF Standard Token SALE Standard Token Sale Procedures  and Specification  

Standard Token Supply  

The company total Standard Token supply is (NUMBER) from which (NUMBER) will be  offered to the public in exchange for contributions as set forth below. Undistributed The  Standard  

Tokens will be retained in inventory to be utilized as a Development Fund.  

Standard Token Price  

The price per Standard Token is set at the USD/ETH market price as posted on The Website  at the start of Standard Token sale or as per any amount as indicated on The Website,  whichever price is higher at the time of Standard Token sale. The number of Standard Tokens  which may be acquired per BTC is set per respective rate of ETH/BTC/USDC or other at the 

same time and date. The Company will only accept contributions made those  cryptocurrencies as listed on The Website, the assets that Company will accept as the  exchangeable values for Standard Tokens. Company reserves the right to lower or increase  the price per Coin, at its sole discretion, during the Sale Period.  

Standard Tokens to be Sold  

The Company anticipates distributing approximately the number of tokens as allocated on the  White Paper during the entire Sale Period. The Standard Tokens to be sold to the public  during the Sale Period will be from a pool of Company-owned Standard Tokens transferred  from the Company Custodial Wallet to the Smart Contract System. All Standard Tokens will  be of equal value and functionality.  

It is the objective of the company is to raise the amount as listed in the White Paper during  the duration of the Standard Token sale event.  

Commencement, Duration and Completion of The Standard Token Sale  

The Company will conduct a Standard Token sale (the “Sale Period”), which will begin as  posted on The Website (the “Launch Date”) and end at the time as listed on The Website  (“The End Date”).  

Procedures for Buying and Receiving Standard Tokens  

To receive Standard Tokens during the Sale Period, you must have certain Standard Token wallets established and operational. Specifically, you must have: (i) either an Ethereum wallet  if you wish to purchase Standard Tokens using Ether or a Bitcoin wallet if you wish to  purchase Standard Tokens using Bitcoin, and (ii) an Ethereum wallet that supports the  ERC20 Standard Token standard in order to receive Standard Tokens that you purchase from  the Company. Company reserves the right to prescribe additional guidance regarding specific  wallet requirements.  

At the Launch Date, Company will make available a web application to facilitate your  purchase and receipt of Standard Tokens. If you wish to purchase Standard Tokens, you must  first send Bitcoins either from your Bitcoin address (if you wish to purchase Standard Tokens  using Bitcoin) or your Ethereum address (if you wish to purchase Standard Tokens using  Ether) to either Bitcoin or Ethereum blockchain address. Second, you will need to provide an  Ethereum ERC20 compatible wallet address for the delivery of Standard Tokens you  purchase via the Smart Contract System in user Profile section of the wallet. Company may  also request certain optional information, such as an email address, through the web interface.  

The web application will then provide you with a unique deposit address for Bitcoin(if you  wish to use Bitcoin contribution) or Ether (if you wish you use Ether). Once the unique  deposit address has received Bitcoin or Ether from you, Company will authorize the Smart  Contract System to deliver Standard Tokens to the Ethereum ERC20 wallet address that you  provided to Company for delivery of the Standard Tokens after the end of the Standard 

Token sale period. The Smart Contract System is deployed by Company from the The  Republic of Seychelles , and is programmed so that all transactions it executes will be  executed in The The Republic of Seychelles. As such, title to, and risk of loss of, Standard  Tokens delivered by the Smart Contract System passes from Company to purchasers in the  The Republic of Seychelles.  

The Company anticipates that delivery of Standard Tokens from the Smart Contract System  to purchasers will occur within three weeks after the Sale Period concludes, but reserves the  right to delay delivery up to four weeks after the conclusion of the Sale Period. Although the  

Company does not anticipate any security issues arising from the sale of Standard Tokens,  this four week time frame is intended as a precautionary buffer period for Company to  conduct audit procedures and to resolve any such security issues.  

Standard Tokens Allocation  

The Company anticipates the following Standard Token allocation among the contributors.  

  1. Early Backers 
  2. Bonuses for users 4. Main Backers 
  3. Team 
  4. Advisors 
  5. Partners 
  6. Development Fund  

Standard Tokens not sold during the Sale Period will be retained by the Company (the  “Retained Standard Tokens”) and allocated to the Development Fund. The Standard Token amount in a Development Fund will not exceed 10% from the total Standard Token supply.  In the case unsold Standard Tokens exceed the 10% threshold, Standard Token will reduce  the total supply of Standard Tokens authorized and outstanding to correspond to the Standard  Tokenallocation percentages set forth in the distribution schedule below.  

The Company currently anticipates using the Standard Tokens from Development Fund to  distribute to new users, compensate employees (including salaries and non-salary  compensation), to fund future development of the Network, provide grants to (or purchase  equity stakes in) third-parties working on projects in the Standard Token ecosystem, donate  Standard Tokens to non-profit entities, and support general development of the Standard  Token ecosystem. These anticipated purposes are listed for illustration only, and Company  reserves the right to use Development Fund Standard Tokens for these purposes (or others) at  its sole discretion.  

Standard Tokens or Sale Proceeds Retained by Founders  and Existing Early Backers 

Except to the extent paid as compensation for work performed for the Company, neither the  founders  

nor the existing backers, supporters, and certain users of the Company and it’s network,  services and products will receive Retained Standard Tokens from Company or any amount  of the Ether or Bitcoin that is used to purchase Standard Tokens from Company during the 

Sale Period other than the percentages listed as part of the breakdown contained in the Terms  of Sale.  

Pre-Sales of Standard Tokens  

The Company has committed to sell a certain portion of Standard Tokens before the Launch  Date (“Standard Token Pre-Sales”). Under such Standard Token Pre-Sale arrangements, by  agreeing to pay Company for Standard Tokens before the Launch Date, a Standard Token Pre- Sale purchaser purchased Standard Tokens at a discounted rate. Standard Token Pre-Sale  purchasers, and others such as contractors or other service providers, must acknowledge and  agree to be bound by these Terms, and receive Standard Tokens pursuant to the procedures  for receiving Standard Tokens set forth in this Exhibit B, but must consent to receiving  Standard Tokens in a time-locked smart contract that will not permit further disposition of the Standard Tokens for a certain period of time thereafter (which is generally in the range of 3 to  4 months after receipt). The discounts and time-lock periods under Standard Token Pre-Sale  arrangements generally depended on the amount of Standard Tokens that the Pre-Sale  purchaser agreed to purchase or the services for which contractors have provided.  

Use of Proceeds from Standard TokenSale  

The Bitcoin and Ether proceeds from Company’s sale of Standard Tokens will be used to  compensate technical and non-technical staff, cover marketing costs and operating expenses,  and develop technical infrastructure, among other purposes as summarized in the breakdown  set forth in the Terms of Sale.  

Currently, we envision that our development of technical infrastructure will focus on two  primary areas. The first area of development involves strengthening and enhancement of our  existing Network, Services and related infrastructure, offering technology and services for  cross-border lending, remittances, merchant payments, and currency exchange as described in  the Site and accompanying documents.  

The second area of development involves our anticipated initiatives for creating new tools,  capabilities and functions for the Services and Network expansion on an international basis.  These initiatives are currently anticipated to include (i) business development involving  integration with 3rd- party gateways to provide content on the network; (ii) developing a  variety of software business tools that are useful to the broader ecosystem, including the first  fully turnkey, easily deploy-able, customizable ICO offering; (iii) financing external teams  working on applications leveraging the network; (iv) developing and contribute to industry or  regulatory standards for ICO’s built on Ethereum blockchain technology and accessible from  mobile devices; (v) creating ancillary technology related to the network and its objectives;  and (vi) developing integrations via partnerships. Some of these anticipated initiatives are  described in more detail in our Whitepaper.  

At a more detailed level, the following is an overview of how the Company currently  anticipates using the Bitcoin and Ether proceeds from the sale of Standard Tokens:  

*System Development, IT: 

*Marketing and Business Development: *Operations, Legal, Customer Support : *Working  Capital for Cryptocash Exchangers:  

  • System, Technical Development and Staff, IT (estimated 30% of proceeds): The  Company aims to grow anticipating it will need to attract and assign engineers with a  variety of skillsets, in order to fully staff its different development teams. These  include dedicated teams working on tools, upgrades to the distributed systems,  infrastructure and network stability, smart contracts and other novel technologies and  general research.  
  • Lending Capital, Loan Porfolio ( estimated 25% of proceeds): Cash asset working  capital will be used for loan distribution over different markets and will be converted  from cryptocurrency to local legal tender or other fiat currency for transactions.  
  • Marketing and Business Development (estimated 25% of proceeds): Through its  marketing staff, Company will undertake a variety of marketing-related projects and  initiatives, including in-person events, press outreach, advertisements, and  promotional content, analytics and customer management tools. This will entail a  dedicated sales team that will manage the sales process for small/medium enterprises  and undertake project management to coordinate with engineering teams. Company  will also build out a dedicated marketing team, which will drive awareness and  adoption of the Network, plan and execute the marketing initiatives discussed above,  and develop documentation and tutorials with the goal of encouraging adoption.  Furthermore, Company will have a dedicated support and customer success team that  is community-led and will also contribute to the development of documentation and  tutorials relating to the Standard Token Network.  
  • Operations, Legal and Customer Support (estimated 10% of proceeds): Company’s  anticipated infrastructure expenses will focus on establishing and maintaining  geographically- redundant bridge servers, co-locating critical infrastructure, and  acquiring and maintaining physical hardware (as necessary). Company’s other  operating expenses are currently anticipated to include (i) rent for its physical  premises in international locations, (ii) outside legal and advisory expenses, including  a reserve for potential future professional services, and (iii) office furniture and  computers. Finally, a back office team will be built, with a generalist staff that  handles human resources, bookkeeping and logistics, and with an office manager for  each physical location.  
  • Other Operating and Working Capital for Cryptocash Exchangers (estimated 10% of  proceeds).  

The envisioned expenditures and areas of development described above are provided  for illustrative purposes only, and Company reserves the right to allocate its resources,  including proceeds from the sale of Standard Tokens toward such areas of  development at its sole discretion.  

Exhibit C 


Certain Risk Factors Relating to Purchase, Sale and Use of Standard Tokens  

Important Note: As noted elsewhere in these Terms, the Standard Tokens are not being structured 

or sold as securities or any other form of investment product. Accordingly, none of the  information presented in this Exhibit C is intended to form the basis for any investment  decision, and no specific recommendations are intended. Company 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 Exhibit C,  (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting  from such information.  

By purchasing, holding and using Standard Tokens, you expressly acknowledge and assume  the following risks:  

Risk of Losing Access to Standard Tokens Due to Loss of Private Key(s)  

A private key, or a combination of private keys, is necessary to control and dispose of  Standard Tokens stored in your digital wallet. Accordingly, loss of requisite private key(s)  associated with your digital wallet storing Standard Tokens will result in loss of such  Standard Tokens. Moreover, any third party that gains access to such private key(s),  including by gaining access to login credentials of a hosted wallet service you use, may be  able to misappropriate your Standard Tokens.  

Risks Associated with the Ethereum Protocol  

Because Standard Tokens and the Network are based on the Ethereum protocol, any  malfunction, breakdown or abandonment of the Ethereum protocol may have a material  adverse effect on the Network or Standard Tokens. Moreover, advances in cryptography, or  technical advances such as the development of quantum computing, could present risks to the  Standard Tokens and the Network by rendering ineffective the cryptographic consensus  mechanism that underpins the Ethereum protocol.  

Risk of Mining Attacks 

As with other decentralized cryptographic Standard Tokens based on the Ethereum protocol,  the Standard Tokens are susceptible to attacks by miners in the course of validating Standard  Tokentransactions on the Ethereum blockchain, including, but not limited, to double-spend  attacks, majority mining power attacks, and selfish-mining attacks. Any successful attacks  present a risk to the Network and the Standard Tokens, including, but not limited to, accurate  execution and recording of transactions involving Standard Tokens.  

Risk of Hacking and Security Weaknesses  

Hackers or other malicious groups or organizations may attempt to interfere with the  Network or the Standard Tokens in a variety of ways, including, but not limited to, treasury  vulnerability, malware attacks, denial of service 

attacks, consensus-based attacks, man in the middle, Sybil attacks, smurfing and spoofing.  Furthermore, because the Network is based on open-source software, there is a risk that a  third party or a member of the Company team may intentionally or unintentionally introduce  weaknesses into the core infrastructure of the Network, which could negatively affect the  Network and the Standard Tokens. 

Hackers or other groups or organizations may attempt to steal the ETH or BTC revenue from  the initial sale, thus potentially impacting the ability of Standard Token to develop the  Standard Token 

Platform and operate the Network. To account for this risk, Standard Token has and will  continue to implement comprehensive security precautions to safeguard the proceeds  obtained from the sale of Standard Tokens. Multi-factor security measures will be taken to  protect ETH, BTC and all currencies and proceeds including physical elements, algorithms,  multisignature keys, anti-spear- phishing procedures, splitting of funds, hot/cold wallet  partitioning and diversification. Moreover, regular security audits of hot and cold wallets will  be conducted by internal and external teams. As acknowledged, there is always a risk that the  Standard Token Team, or other third parties not directly affiliated with the Parties, may  intentionally or unintentionally introduce weaknesses or bugs into the core infrastructural  elements of the Standard Token Platform causing the system to lose Standard Tokens stored  in one or more Purchaser accounts or other accounts or lose sums of other valued Standard  Tokens issued on the Standard Token Platform. Standard Token has taken steps to build,  maintain, and secure the infrastructure of the Standard Token Platform, and will continue to  do so after the initial sale. For example, Standard Token intends to hire external consultants  on a periodic basis to assess and audit the security of the Standard Token Platform and will  work with cryptography and security experts to develop and employ best practices to audit  the Platform. As acknowledged by both parties, advances in code cracking, or technical  advances such as the development of quantum computers, could present risks to  cryptocurrencies and the Standard Token Platform, which could result in the theft or loss of  Standard Tokens or other valuable assets. To the extent possible, Standard Tokens intends to  update the protocol underlying the Standard Token Platform to account for any advances in  cryptography and to incorporate additional security measures, but it cannot predict the future  of cryptography or the success of any future security updates. As with other cryptocurrencies,  the blockchain used for the Standard Token Platform is susceptible to mining attacks, among  others. Any successful attacks present a risk to the Ethereum Platform generally, and the  Standard Token network specifically, effecting expected proper execution and sequencing of  Standard Tokens transactions, and expected proper execution and sequencing of contract  computations, as well as other potential losses identified here as risk factors, in addition to  those unidentified or unexpected. The purchase of Standard Tokens carries with these  significant risks. Prior to purchasing Standard Tokens, the Purchaser should carefully  consider the risks herein identified, and, to the extent necessary, consult experts of your  choosing ( cryptographic and cyber security specialists, lawyers, accountants, and/or other  professionals) prior to determining whether to purchase Standard Tokens.  

Risks Associated with Markets for Standard Tokens  

The Standard Tokens are intended to be used solely within the Network, and Company will  not support or otherwise facilitate any secondary trading or external valuation of Standard  Tokens. This restricts the contemplated avenues for using Standard Tokens to the provision  or receipt of Services, and could therefore create illiquidity risk with respect to the Standard  Tokens you hold. Even if secondary trading of Standard Tokens is facilitated by third party  exchanges, such exchanges may be relatively new and subject to little or no regulatory  oversight, making them more susceptible to fraud or manipulation. 

Furthermore, to the extent that third parties do ascribe an external exchange value to Standard  Tokens (e.g., as denominated in a digital or fiat currency), such value may be extremely  volatile and diminish to zero.  

Risk of Uninsured Losses  

Unlike bank accounts or accounts at some other financial institutions, Standard Tokens are  uninsured unless you specifically obtain private insurance to insure them. Thus, in the event  of loss or  

loss of utility value, there is no public insurer, such as the Federal Deposit Insurance  Corporation, or private insurance arranged by us, to offer recourse to you.  

Risks Associated with Uncertain Regulations and Enforcement Actions  

The regulatory status of the Standard Tokens and distributed ledger technology is unclear or  unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies  may apply existing regulation with respect to such technology and its applications, including  the Network and the Standard Tokens. It is likewise difficult to predict how or whether  legislatures or regulatory agencies may implement changes to law and regulation affecting  distributed ledger technology and its applications, including the Network and the Standard  Tokens. Regulatory actions could negatively impact the Network and the Standard Tokens in  various ways, including, for purposes of illustration only, through a determination that  Standard Tokens are a regulated financial instrument that require registration or licensing.  Company may cease operations in a jurisdiction in the event that regulatory actions, or  changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially  undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.  

Risks Arising from Taxation  

The tax characterization of Standard Tokens is uncertain. You must seek your own tax advice  in connection with purchasing Standard Tokens, which may result in adverse tax  consequences to you, including withholding taxes, income taxes and tax reporting  requirements.  

Risk of Alternative Networks  

It is possible that alternative networks could be established that utilize the same open source  code and protocol underlying the Network and attempt to facilitate services that are  materially similar to the Services. The Network may compete with these alternative networks,  which could negatively impact the Network and Standard Tokens.  

Risk of Insufficient Interest in the Network or Distributed Applications  

It is possible that the Network will not be used by a large number of individuals, companies  and other entities or that there will be limited public interest in the creation and development  of distributed ecosystems (such as the Network) more generally. Such a lack of use or interest  could negatively impact the development of the Network and therefore the potential utility of  Standard Tokens. 

Risks Associated with the Development and Maintenance of the Network  

The Network is still under development and may undergo significant changes over time.  Although we intend for the Standard Tokens and Network to follow the specifications set  forth in our Terms and Conditions, and throughout or site, and intend to take commercially  reasonable steps toward those ends, we may have to make changes to the specifications of the  Standard Tokens or Network for any number of legitimate reasons.  

This could create the risk that the Standard Tokens or Network, as further developed and  maintained, may not meet your expectations at the time of purchase. Furthermore, despite our  good faith efforts to develop and maintain the Network, it is still possible that the Network  will experience malfunctions or otherwise fail to be adequately developed or maintained,  which may negatively impact the Network and Standard Tokens.  

Risk of an Unfavorable Fluctuation of Ether and Other Currency Value  

The Company team intends to use the proceeds from selling Standard Tokens to fund the  maintenance and development of the Network, as described further in the Terms of Sale. The  proceeds of the Standard Token sale will be denominated in Ether or Bitcoin, and converted  into other cryptographic and fiat currencies. In addition, some pre-sales of the Standard  Tokens may also be denominated in fiat currencies. If the value of Ether or other currencies  fluctuates unfavorably during or after the Sale Period, the Company team may not be able to  fund development, or may not be able to develop or maintain the Network in the manner that  it intended.  

Risk of Dissolution of the Company or Network  

It is possible that, due to any number of reasons, including, but not limited to, an unfavorable  fluctuation in the value of Ether (or other cryptographic and fiat currencies), decrease in the  Standard Tokens’ utility, the failure of commercial relationships, or intellectual property  ownership challenges, the Network may no longer be viable to operate and the Company may  dissolve.  

Risks Arising from Lack of Governance Rights  

Because Standard Tokens confer no governance rights of any kind with respect to the  Network or Company or its corporate affiliates, all decisions involving the Network or  Company will be made by Company at its sole discretion, including, but not limited to,  decisions to discontinue the Network, to create and sell more Standard Tokens for use in the  Network, or to sell or liquidate the Company. These decisions could adversely affect the  Network and the Standard Tokens you hold.  

Risks Involving Cloud Storage  

As the Company provides services to individual and institutional clients, including users and  applications which involves data storage to some extent, the Services are susceptible to a  number of risks related to the storage of data in the cloud. While the Company does not have  access to the contents of the data stored through the Services, the Services may involve the  storage of large amounts of sensitive and/or proprietary information, which may be  compromised in the event of a cyber- attack or other malicious activity. Similarly, the 

Services may be interrupted and files may become temporarily unavailable in the event of  such an attack or malicious activity. Because users can use a variety of hardware and  software that may interface with the Network, there is the risk that the Services may become  unavailable or interrupted based on a failure of interoperability or an inability to integrate  these third-party systems and devices that the Company does not control with the Company’s  Services. The risk that the Services may face increasing interruptions and the Network may  face additional security vulnerabilities could adversely affect the Network and therefore the  future utility of any Standard Tokens that you hold.  

Unanticipated Risks  

Cryptographic Standard Tokens such as Standard Token are a new and untested technology.  In addition to the risks included in this Exhibit C, there are other risks associated with your  purchase, holding and use of Standard Tokens, including those that the Company cannot  anticipate. Such risks may further materialize as unanticipated variations or combinations of  the risks discussed in this Exhibit C.  

Contact Us  

If you have any questions about these Terms or the Conditions and Disclaimers as set forth  herein and in the attached Exhibits, please contact us at our website  

Disclaimer: All information contained herein is accurate at the time of publishing. 

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