ICO and AIQ™ Token Terms and Conditions
We keep our terms and conditions agreement contained herein in relation to Artificial Intelligence Quotient (“AIQ”) token generation and the ICO campaign under regular review. This agreement was last updated on November 30th, 2018.
1.2. This agreement covers ONLY all web sites, products and services OWNED by Mindzilla Limited (Mindzilla), including https://mindzilla.com, https://portal.mindzilla.com, https://aiq.org and https://scicasts.com. This agreement does not cover other (i.e. Third Party) web sites linked to Mindzilla web sites, including any web sites that may indicate a special relationship or partnership with Mindzilla (such as, but not limited to, online exchanges and ICO rating sites). Please Note that such linked web sites may collect personal information from you. Mindzilla CANNOT offer any information or reassurance about the level of privacy protection offered from or by those linked web sites, which are NOT controlled or maintained by Mindzilla. We strongly Advise you to locate and read carefully the privacy statements, as well as terms and conditions of use, displayed on any third party web sites you visit.
1.3. Mindzilla reserves the right to make changes to this agreement immediately by posting the changed terms in this location without any prior notice. For this reason we strongly advise you to review these terms and conditions REGULARLY!
2. PARTIES AND DEFINITIONS
2.1. This agreement describes how Mindzilla Limited (“Mindzilla Ltd.”, “Mindzilla”, “Company”, “we”, or “us”) – a UK-based company which is a limited liability company incorporated under the laws of England – operates the sale and generation of AIQ tokens, as well as the operation of ICO campaigns in relation to AIQ Tokens.
2.2. This agreement applies when you (“you”, “User” “Participant”, “Contributor”, “Visitor”, “Organisation”, “Legal Entity”, “Member”, “Subscriber” or “Customer”) access, visit, participate in, purchase or use any portion of the AIQ token and/or ICO services (collectively “Service”).
3. AIQ Token Sale and ICO
3.1. The sale of AIQ tokens is conducted and managed through our UK-based company (Mindzilla Ltd.) under the laws of England.
3.2. The official Whitepaper of AIQ Token’s ICO campaign is NOT an offer document for investment and it DOES NOT contain any advice to invest. In case of misunderstanding and/or contradiction of different translations and/or interpretations of our whitepaper, the English version will prevail in any local legislation.
3.3. Any Participant purchasing our AIQ tokens undertakes that they are aware of the business model described in the Whitepaper and on the Company’s websites, including AIQ.org, Mindzilla.com and Portal.Mindzilla.com and the company’s and AIQ’s social channels.
3.4. Any Participant participating in our ICO acknowledges and understands that the Company (including its personnel and partners) does not provide any commitment in terms of achieving the targets described in the Whitepaper. ALL participants acknowledge and understand that the Company (including its personnel and partners) assumes no liability or responsibility for any failure or downfall of the project, except in case of intentional misconduct or gross negligence.
3.5. The Company reserves the right to update, make changes and amendments to the Whitepaper immediately when it deems necessary at its own discretion and as required by the relevant legislation, compliance regulations, as well as in accordance by the progress of the ICO and the project modifications. ALL token holders acknowledge that the Company (including its personnel and partners) shall not be liable for any direct or indirect loss or damage caused by such changes. The Company will take reasonable steps to update its community and users of such changes through its websites and social channels.
3.6. ALL buyers of our AIQ tokens understand the risks associated with the token sale, as well as the use and storage of the crypto tokens. The Company is not responsible for any loss of tokens or situations where it will be hard or impossible to access the tokens as a result of legal or illegal actions, such as, but not limited to, a hacker/cyber attack. ALL token holders acknowledge that the Company (including its personnel and partners) shall not be liable for any direct or indirect loss or damage caused by such events.
4. AIQ Token are NOT intended to constitute any securities under any local legislation
4.1. ALL buyers of AIQ tokens and ALL ICO Participants confirm that they fully acknowledge and understand the following statements:
4.1.1. The AIQ Token is NOT a share – AIQ Tokens do not give any right to participate in the governance of the Company, they are not intended as a leverage to influence the decision-making process inside the Company, they do not give any right to dividends or interests;
4.1.2. The AIQ Token is NOT a ﬁnancial instrument – they are not registered under the securities laws of any country, including the U.K. where the Company is registered as a resident;
4.1.3. The AIQ Token is NOT a currency or a commodity;
4.1.4. The AIQ Token is NOT intended to be purchased or used for speculative or investment purposes.
5. Governing Law and Jurisdiction
5.1. AIQ Token services and its related ICO campaign is maintained by Mindzilla from its office in England, United Kingdom (UK). These terms and conditions shall be governed by the Laws of England and you agree to submit to the exclusive jurisdiction of the English Courts.
5.2. Mindzilla makes no representation that materials on the aiq.org web site are appropriate or available for use in other locations. Users who choose to access AIQ-related services (including ICO participation) from other locations do so on their own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable. The Service is not intended to subject Mindzilla to the laws or jurisdiction of any country or territory other than England, UK.
Mindzilla Ltd. Registered in England No. 8003815. Registered Office: TechHub 101, Finsbury Pavement, London, EC2A 1RS, United Kingdom. VAT Registration Number: GB 132 1752 46.