TERMS AND CONDITIONS (T&C) CONCERNING THE SALE OF TOKENS

PLEASE READ THESE TERMS AND CONDITIONS (T&C) CAREFULLY. WHEN MAKING AN INVESTMENT IN “SAURUS INVERSIONES SL” (FORWARD, SAURUS CROWD O THE COMPANY), BY PURCHASING SCRH TOKENS (“SCRHT”), DURING THE SALE OF TOKENS, YOU WILL BE BOUND BY THESE CONDITIONS AND ALL TERMS INCORPORATED HEREIN BY REFERENCE.

BY ACCEPTING THESE TERMS AND CONDITIONS YOU ARE ENTERING INTO A BINDING AGREEMENT WITH «SAURUS INVERSIONES SL». (SAURUS CROWD) THESE TERMS AND CONDITIONS CONTAIN LEGAL PROVISIONS THAT AFFECT YOUR STATUTORY RIGHTS. PLEASE NOTE THAT CLAUSE 20 CONTAINS AN ARBITRATION EXCLUSION CLAUSE. IF YOU DO NOT ACCEPT ANY PART OR ALL OF THESE TERMS AND CONDITIONS, WE ADVISE YOU NOT TO MAKE AN INVESTMENT FOR THE PURCHASE OF ANY OF THE SECURITIES IN THESE TERMS AND CONDITIONS. SCRHT, AND EXIT FROM THE COMPANY’S PLATFORM(S), AS DEFINED BELOW, AND ITS SMARTPHONE APPLICATION.

PROHIBITED JURISDICTIONS

Due to legal and regulatory uncertainty in the United States, Canada, the Republic of Korea, Japan, Hong Kong, and the People’s Republic of China. («Prohibited jurisdictions» o «Prohibited jurisdiction»), U.S. citizens AND green card holders, as well as any other person residing in any of the prohibited jurisdictions, are prohibited from making investments to the Company under the terms of this Agreement.

Persons from any of the Prohibited Jurisdictions who provide false or inaccurate information concerning their citizenship, residence and/or nationality shall be in breach of this Agreement and shall indemnify the Company in respect of any damages suffered as a result of such breach in accordance with the indemnity provisions set out in this Agreement.

In addition, all countries on our banned list as sanctioned or potentially sanctioned by Europe, the UK or the US are listed in this link. https://sauruscrowd.com/forbiddencountries/are excluded from the use of the company’s platforms and therefore also form part of the «prohibited jurisdictions» mentioned above.

 

THE PARTIES TO THESE T&C

SAURUS INVERSIONES SL is a company incorporated and registered in Spain NIF B93750032 and will be the creator of its own token known as SCRHT by virtue of these T&C. There may be other entities within the group «Saurus Inversiones SL» potentially included in the future of «Saurus Inversiones SL». (“Grupo Saurus Crowd”) who will develop, manage and/or operate the Saurus Crowd platform (as defined in clause 1 below) (or parts thereof) and references made in these T&C a “SAURUS CROWD” “Saurus Crowd”, “Company”, “Enterprise”, “about us”, “will be to SAURUS INVERSIONES SL,  Saurus Crowd Group and its respective successors and assigns.

The references in these T&C a “Investor”, “Investors”, “su”, “suyo” o “usted” are to the person/entity that accepts these T&C and agree to make an investment to the company set out in the terms of these Terms and Conditions. You and the company shall be referred to as “Parts” and references to a “Part” shall refer to the relevant one according to the context.

If you have any questions related to these terms and conditions please contact services@sauruscrowd.com

 

YOU AND THE COMPANY AGREE AS FOLLOWS:

 

  1. Company Platform

1.1 The company has developed a platform that aims to create a fundraising system that allows the sale of tokens created through the Ethereum system, or any other instruments in an automated way. (the “Company Platform”).

1.2 The company further proposes to fund the development and cost of the organisation and business of those companies or companies in which the company owns shares, by selling cryptographic tokens, known as SCRHT, which are intended to have certain functionalities on the company’s platform (as described in Annex 1 of these terms and conditions) and is seeking to raise funds through a rewards-based campaign. (“sale of tokens”) which will be implemented as described in clause 7.6 of these terms and conditions.

1.3 For a more detailed description of the company’s platform, please consult:

 (Collectively referred to as “Project Documentation”)

1.4 The information contained in the project documentation is of a descriptive nature only, is not binding and does not form part of these terms and conditions, except for the Company’s Investment agreement which forms part of these terms and conditions. T&C.

 

  1. Scope of the T&C

2.1 Unless otherwise stated, these T&Cs (including the terms incorporated herein by reference) only govern your investment in the Company for the purchase of SCRHT during the Investment Period (as defined in clause 3 below).

2.2 Any possible future use of SCRHT in connection with the provision or receipt of services in the “Company platform” (websites, smartphone applications, and other Company-branded products) shall be subject to and governed by other applicable terms, conditions and policies relating to the use of the Company’s platform that will be published from time to time.

 

  1. Investment period

3.1 Investments can be made for a defined period of time. («Investment period«) and may consist of one or both, a pre-sales campaign (>»Private sale») and a general public sale («Main sale»).

3.2 The number of SCRHT available for purchase during the pre-sale and main sale will be set out in the Securities Offering Document. («SCRHT available«). The Company reserves the right to change the amount of each future fundraising prior to the commencement of each future fundraising or future additional Investment Period(s).

3.3 Subject to clause 3.5, the private sale will commence and end on the dates set out in the Securities Offering Document.

3.4 Provided that all available SCRHs have not been purchased during the private sale and subject to the clause 3.5, the private sale will commence and end on the dates set out in the Securities Offering Document.

3.5 The Company reserves the right, at its absolute discretion and without restriction, and for any reason whatsoever, to change the date on which the Private Sale and/or the Main Sale will commence and to extend or shorten the duration of the Private Sale and/or the Main Sale.

 

  1. Precio de SCRHT

4.1 The price per SCRHT shall be denominated in Euros («EUR») and the price attributed to SCRHT in respect of any attribution made under these T&C shall be as set out in the Securities Offering Document.

4.2 Where any amount invested is made under the terms of this agreement in Ether («ETH»), Bitcoin («BTC»), USD Stable Currency («USDT»), British Pound Sterling («GBP») or US Dollars («USD»), Wookly Power («WOOP»), the value of such currency against the EUR shall be determined by the Company by reference to such exchange rates as the Company may decide in its sole and absolute discretion, using as a benchmark the lower of the exchange rate at the time of the creation of the investment and the exchange rate at the time of receipt of the transaction by the Company. (“The “conversión”) . The company shall not be liable for any losses that the investor may suffer as a result of the conversion, nor shall the company be liable for errors in the exchange rates published by any exchange or by the company.

 

  1. Right to request information

5.1 Before you may make an investment in the Company or at any time after making an investment, we may (in our sole and absolute discretion):

a) Request you to provide certain information and documentation to comply with any Know Your Client (KYC) and Anti-Money Laundering (AML) or similar obligations to which we may be subject.; y / o

b) Determine that it is necessary to obtain certain other information to comply with applicable laws and regulations in connection with the creation, issue or sale of SCRHT.

 

5.2 You agree that you will promptly, upon request by the Company, provide such information and documentation as we may reasonably request in accordance with clause 5.1 to enable us to:

a) To carry out, to our satisfaction, all the necessary requirements of «Know Your Client» (KYC) y «Anti-Money Laundering” (AML), together hereinafter also referred to as «Know your Customer» and other similar controls that we may be required to act; and

b) Ensure, to our satisfaction, that we have complied with all applicable laws and regulations in connection with the creation, issue and sale of SCRHT as contemplated in these T&C.

5.3  You are aware and agree that, until you provide all information and documentation that we may request under this clause 5 and we have determined that we can create and issue you SCRHTs under compliance with the law, in particular under the applicable Spanish Law 10/2010, 28 April, on the prevention of money laundering and terrorist financing and your application for amendments to the Company, you will promptly provide such information and documentation as we may reasonably request in accordance with clause 5.1 so that we can:

a) To carry out, to our satisfaction, all the necessary requirements «Know your client «Know your client» (KYC) y «Anti-Money Laundering» (AML), together hereinafter also referred to as «Know you client» and other similar controls that we may be obliged to act upon; and

b) Ensure, to our satisfaction, that we have complied with all applicable laws and regulations with respect to the creation, issuance and sale of SCRHT as set forth herein T&C.

 

  1. Investment methods and terms

 

6.1 Investments may only be made in the Company during the Token Sale in the manner described in this clause 6.

6.2 Investments made in Ether (ETH) must be sent from an Ethereum wallet (ERC20) against which its private wallet address («private key») can be identified. Your private key and a potentially unique code provided by the Company shall verify your ETH investment to the Company and enable you to issue SCRHT through the Smart Contract System (as described in clause 7).

6.3 Investments made in Bitcoin (BTC) must be sent from a Bitcoin bwallet against which your private wallet address («private key») can be identified. Your private key and a potentially unique code by the Company shall verify your ETH investment to the Company and allow you to issue SCRHT through the Smart Contract System (as described in clause 7).

6.4 Investments made in USD Stable Coin (USDT) must be sent from a wallet connected to the ERC20 network with which you can identify your private key. Your private key and potentially a unique code provided by the Company shall verify your USDT investment to the Company and to enable you to issue SCRHT through the Smart Contract System (as described in more detail in clause 7).

6.5 Investments made in fiat currency must be sent from a bank account in your name to a bank account held or provided by the Company (the «Company Bank Account»), details of which will be provided to each Investor upon request. In accordance with this clause, your IBAN bank account and potentially a unique code provided by the Company as subject shall verify your investment to the Company and enable you to issue SCRHT through the Smart Contract System.

 

If the transaction is made to an incorrect wallet or on a network not accepted by the wallet provided, the Investor runs the risk of losing his entire investment and the Company shall not be liable to recover or return such investments to the Investor, nor shall the Company be liable for any losses incurred by the Investor in this respect.

6.6 The Smart Contract address to which investments will be sent during the Token Sale will be specified on the Company’s website and/or the Company’s smartphone application.

Any third party website, service or Smart Contract that facilitates the allocation, transfer of SCRHT or the receipt of investment for investment in SCRHT, which is not expressly included in these T&Cs, is not authorised by the Company and under no circumstances nor do they have any legal or commercial relationship with the Company, the Company Platform or SCRHT.

6.7 Investments made:

  1. a) In any cryptocurrency other than ETH, BTC, USDT, WOOP; or in fiat by bank transfer or in a manner that does not conform to the investment methods described in these T&C; o
  2. b) to any third party website, wallet address, bank account, service or smart contract offered by SCRHT in the manner described in clause 6.6;

You risk losing all of your investment and the Company shall not be liable to recover or return such investments to the Investor, nor shall the Company be liable for any losses incurred by the Investor in this respect.

6.8 The agreement will be duly executed when executed via the web or application, by clicking on the «INVEST» button, or the equivalent word in English or any other language, provided that the investor has clicked on the tick box, stating that he/she has accepted the Terms and Conditions and the «Token Subscription Agreement» in the online version.

 

  1. Creation and issuance of SCHRTs through the smart contract system

 

7.1 The Company has implemented a Smart Contract system. (The «Smart Contract System») on the Ethereum (ETH) public platform in order to create their own tokens, SCRHT or any future new tokens as published in the T&C updated or on the Company’s website or the Company’s smartphone application. SCRHT will be based on the standard ETH token and is intended to have the functionality set out in Annex 1.

7.2 The Company shall keep a record of all investments received by the Investor’s wallets or bank accounts, including but not limited to details of the time the investment was received, the IP address from which the investment was made online, the amount of the investment and the wallet or bank account from which the investment was sent and any personal information provided by the Investor, not limited to any KYC and AML information («Investment Records»).

7.3 After the end of the Investment Period, the Company will carry out a verification procedure based on the Investment Records and such other information as we may request in accordance with clause 5 above. Provided that the Company is able to successfully verify your investment.

7.4 The token issued will be created on the Ethereum (ETH) public platform and will be held by the Company initially, issuing a certificate of ownership to the investor signed by the sole shareholder of the company and upon request will be provided with the wallet address where they are held.

 

  1. Refunds, Rejections, Suspension and Termination of Investments

 

8.1 The Company has imposed a minimum investment target of EUR 100,000 (one hundred thousand Euros) («Minimum Target»). If at the end of the Investment Period, the aggregate sum of all investments received by the Company is less than the Minimum Target, the Company shall, within a reasonable period of time, use reasonable endeavours to procure that the investments are returned to the Investors.

8.2 We reserve the right to reject any investment made at any time in our sole and absolute discretion. To the extent that we reject an investment, we will make all reasonable efforts to ensure that the investment is returned to the Investor, however, we do not warrant, represent or offer any guarantee that we will be able to recover and/or successfully return such investments.

However, if the investor fails to comply with any of these T&C and any documents or terms referred to therein, such as the «Token Subscription Agreement», the Company shall have no obligation to return any amount, as the amount of the investment is considered part of the damages for non-compliance.

 

8.3 Subject to clauses 8.1 and 8.2 and except to the extent required by applicable law, all investments received by the Company under these T&C or under the «Token Subscription Agreement» are final and the Investors shall not be entitled to claim any refund or return of the Company’s investments.

8.4 At any time prior to the end of the Investment Period, the Company may temporarily suspend or permanently cancel the Token Sale for security reasons. Any suspension or cancellation of the Token Sale shall be deemed to commence from the time the Company publishes a notice to that effect on the Company’s website.

8.5 During any period of suspension or in the event that the Investment Period is cancelled, we may not receive or accept investments, create SCRHT and/or issue SCRHT to Investors. Investors who submit investments to us during any period of suspension risk losing their entire investment and we shall not be responsible for recovering or returning such investments to the Investor nor shall we be liable for any losses incurred by the Investor in this respect.

8.6 In the case where clauses 8.1 and/or 8.2 apply, the company should, within a reasonable period of time, make reasonable efforts to ensure that:

a) Investments are returned to the address of the portfolio or bank account from which the investment was made; and

b) The same amount that was invested is returned to the Investor (less any mining fees, public platform transfer fees, exchange fees and other administrative expenses incurred by us in returning the investment to the Investor).

 

  1. Token functionality

 

9.1 Ownership of SCRHT does not carry with it any right, whether express or implied, to be a potential future right or expectation to use and interact with the Company Platform (as more fully described in Schedule 1), to the extent that the Company Platform is successfully developed and implemented. Any potential future right or expectation relating to the provision and receipt of services on the SCRH Platform shall be subject to the restrictions and limitations set out in these Terms and Conditions and/or the Platform Terms (as applicable).

9.2 You acknowledge and agree that SCRHT does not represent or constitute:

a) Any ownership right or interest, shares, stock, equity, security, commodity, bond, or any other financial instrument or investment having equivalent rights, other than the specific rights disclosed to purchasers of SCRHT in the prospectus published or made public by the company, if applicable.

b) Any rights to receive future income, shares or any other form of participation, as it relates to the Company and/or the Company Platform, other than the specific rights communicated to SCRHT purchasers in the prospectus published or made public by the company, if any.

c) Any form of money or currency that is legal tender in any jurisdiction, does not constitute any representation of money (including electronic money); or

d) The provision of goods and / or services on the date on which these T&C form a binding agreement between the Parties.

9.3 The protections afforded by applicable law in connection with the acquisition, storage, sale and/or transfer of the instruments and/or investments referred to in clause 9.2 shall not apply to any investment made under these instruments and/or investments referred to in clause 9.2. T&C for the acquisition of SCRHT or for their storage, sale and/or transfer of SCRHT.

9.4 The Company makes no warranties or representations and gives no assurances (in each case, whether express or implied) that SCRHT will grant actual and/or exercisable rights of use, functionality, features, purpose or attributes in connection with the Company’s Platform.

 

10. Investor Representations and Warranties

 

10.1 By participating in the Token Sale and submitting an investment to the Company, you represent and warrant that:

a) You have read and understood these T&C (including all Annexes).;

b) You are of legal age and have the necessary authority and consent to accept these T&C, to enter into a binding agreement with the Company and to perform the obligations set out in this document;

c) Acceptance of these T&C and entry into a binding agreement with the Company shall not result in any default, conflict or constitute a material breach under: (I) any provision of the constitutional or organisational documents of the Investor (in the case of a corporate entity including, without limitation, any company or partnership); (II) any provision of any judgment, decree or order imposed on the Investor by any court or governmental or regulatory authority; and/or (III)) any material agreement, obligation, duty or undertaking to which the Investor is a party or by which the Investor is bound; (III) any material agreement, obligation, duty or undertaking to which the Investor is a party or by which the Investor is bound; (IV) any agreement, obligation, duty or undertaking to which the Investor is a party or by which the Investor is bound;

d) has sufficient knowledge of the functionality, usage, storage, transmission mechanisms and complexities associated with cryptographic tokens (such as ETH), token storage facilities (including Digital Wallets), token-based software systems;

e) You have obtained sufficient information about the potential future use and functionality of SCRHT to make an informed decision to participate in the Sale of Tokens in accordance with these T&C;

f) You understand that SCRHT confers only a limited potential future right or expectation to use and interact with the Company’s Platform (as more particularly described in Appendix 1) and that SCRHT confers no other rights of any kind with respect to the Company and/or the Platform, including, without limitation, any voting rights of any kind, distribution, redemption, liquidation, ownership (including all forms of intellectual property rights or copy rights) or other financial or legal rights; other than the specific rights communicated to purchasers of SCRHT in the prospectus published or made public by the company.

g) You are at least 18 years of age and have sufficient legal capacity to accept these T&C and enter into a binding agreement with the Company on the terms set out in this document;

h) You are making an investment for the acquisition of SCRHT for or on behalf of an entity, such entity is duly incorporated, registered and validly existing under the applicable laws of the jurisdiction in which the entity is established, excluding entities in «prohibited jurisdictions» which cannot invest;

i) You are making an investment for the purchase of SCRHT for or on behalf of an entity or person, you are authorised to accept these T&C and to enter into a binding agreement with the Company on behalf of such entity or person (and in such circumstances, references in these terms and conditions to «Investor», «your» or «you» shall be a reference also to the entity or person on whose behalf you are authorised to make an investment);

j) You are making an investment for the purchase of SCRHT to support the development, testing, deployment and operation of the Company Platform and to be able to use and interact with the Company Platform at a future point in time. You are not making an investment under these T&C for any other use or purpose, including, without limitation, any investment, speculative purposes or other purposes of financial gain;

k) Any investment you make for the purchase of SCRHT is not derived from or related to illegal activities, including but not limited to money laundering or terrorist financing activities;

l) You will not use SCRHT to finance, participate in or support illegal activities;

m) The investment shall be transferred to the Company from an Ethereum, BTC or USDT wallet or bank account that: (i) is registered in your name or in the name of a person duly authorised by you to send an investment to the Company; and (ii) is not located in or registered in the name of a person located or resident in Prohibited Jurisdictions, or in any country or territory that has been designated by the Financial Action Task Force or any Western government as a «non-cooperative country or territory»;

n) Making an investment and receiving SCRHT under these T&C is not unlawful or prohibited by the laws of your jurisdiction or the laws of any other jurisdiction to which you may be subject, and any investment will be made in accordance with applicable laws (including, without limitation, compliance with any tax obligations to which you may be subject in any relevant jurisdiction);

o) Is not a citizen or resident or domiciled in a Prohibited Jurisdiction or making an investment for the purchase of SCRHT from a place in a Prohibited Jurisdiction or is not an entity (including, but not limited to, a company or partnership) incorporated, established or registered in or under the laws of a Prohibited Jurisdiction or making an investment for the purchase of SCRHT for or on behalf of such a person or entity;

p) Is not subject to any sanction administered or imposed by any country, government or international authority, nor is it resident or established (in the case of a corporate entity) in a country or territory that is the subject of a country-wide or territory-wide sanction imposed by any country or government or international authority;

q) Comply with the tax obligations applicable in its jurisdiction arising from its acquisition, storage, sale or transfer of SCRHT;

r) You agree that the Company will provide you with an Ethereum wallet that supports the ETH token standard (i.e. technically supports the receipt, storage, and transfer of tokens such as SCRHT) in order to receive SCRHT by simply providing us with the email address with which you will create your Company wallet account;

s) You understand and accept the risks of investing in early stage start-ups and acknowledge that these risks are substantial. You further warrant and represent that your investment does not represent a significant or substantial proportion of your net wealth or net assets, and that you are willing to accept the full and complete risk of loss associated with the investment made under these T&C;

t) You understand that SCRHT are solely rights to access and use services and products on the Company’s Platform, and do not provide the holder with any proprietary, creditor or similar rights. SCRHT should be considered an investment for the purchase of shares in Rewire Holding LTD and the Investor should not expect any gain of any kind from acquiring SCRHT, but may provide a return through the assets acquired by the Company.

u) Acknowledges that it fully understands the contents of the Project Documentation provided by the Company and is participating in the Token Sale with the intention to fully accept the risk of failure of the Company’s Platform or the purpose of the Token Sale funding;

v) is making an investment primarily to support the development, testing, deployment and operation of the Company’s Platform or any other funding at the Company’s sole discretion, taking into account the risks associated therewith (as described in Annex 2 to these T&C), and are not investing in the Company for speculative, investment or other financial purposes;

w) waive the right to participate in a class action or class arbitration against the Company, its shareholders, founders and team members or any entity or individual involved in the development or operation of the Company’s Platform;

x) You understand that you have no rights against the Company, the shareholders, the founders and team members or any other party to seek a refund of your investment provided during the Token Sale.;

y) You understand that you have sole responsibility for determining whether your investment in and procurement of SCRHT, the use of SCRHT and the possible appreciation or depreciation in the value of SCRHT over time, the sale and purchase of SCRHT and/or any other actions or transactions relating to SCRHT, the Company or the Company’s Platform have tax implications for you; y

z) All of the foregoing representations and warranties are true, complete, accurate and not misleading from the time you access and/or accept possession of these T&C or from the time you purchase any SCRHT or register on any Company website or the Company’s Smartphone application (which includes, but is not limited to the Company’s wallet/server).

 

11. Risks

 

Acknowledges and agrees that submitting an investment to the Company, the creation and issuance of SCRHT and the development and deployment of the Company’s Platform entails significant financial, regulatory and reputational risks, including but not limited to those set out in Schedule 2 of these T&C.

BY MAKING AN INVESTMENT TO THE COMPANY AND ACCEPTING THESE TERMS AND CONDITIONS, YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE RISKS EXPRESSED IN THE PROGRAMME. 2.

 

  1. Smart Contract Audit

12.1 The company shall use reasonable efforts to procure that the Smart Contract System is audited and approved by technical experts with respect to the accuracy and security of the underlying code.

12.2 Notwithstanding clause 12.1, the Smart Contract technology is still at an early stage of development and its implementation is currently experimental in nature, which carries significant operational, technological, financial, regulatory, reputational and technical risks. Accordingly, should any future audit potentially address the level of security and accuracy of the Smart Contract System, you acknowledge, understand and agree that the audit does not constitute any form of warranty, representation or assurance (in each case whether express or implied) that the Smart Contract System and SCRHT are fit for a particular purpose or that they are free from defects, weaknesses, vulnerabilities, viruses or bugs that could cause, among other things, the complete loss of your investment and/or SCRHT.

 

  1. Security

You are responsible for implementing all reasonable and appropriate measures to secure the access keys to your investment panel where your investment and related certificates of title are registered. You are responsible for implementing all reasonable and appropriate measures to secure the Wallet, vault or other storage mechanism you use to submit an investment to the Company and to receive and store SCRH issued to you by the Smart Contract System, including the necessary private key(s), passwords, two or three factor authentication or other credentials required to access such storage mechanisms. If your private key(s) or other access credentials are lost, you may lose access to your SCRHT. The Company shall not be responsible for any security measures relating to your receipt, possession, storage, transfer or possible future use of SCRHT nor shall we be obliged to recover or return any SCRHT and we hereby exclude (to the maximum extent permitted by applicable law) any liability for security breaches or other acts or omissions resulting in your loss of (including your loss of access to) SCRHT issued during the token sale and at any time after the token sale.

 

  1. Intellectual Property

14.1 In this clause 14, the «Company’s Intellectual Property Rights» means in relation to the Company, SCRHT, the Sale of Tokens, the Company’s platform and the Company’s website, the Company’s Smartphone Applications, all rights in: (i) patents, inventions, designs, copyright and related rights, database rights, know-how and confidential information, trademarks and related goodwill, trade names, logos (whether registered or not) and rights to apply for registration; (ii) all other rights of a similar nature or having equivalent effect anywhere in the world now existing or recognised in the future; and (iii) all applications, extensions and renewals in relation to such rights.

 

14.2 Except as expressly set out in these T&C, you are not entitled, for any purpose, in relation to any Intellectual Property Rights of the Company. We shall at all times retain ownership, including all right, title and interest in the Company’s Intellectual Property Rights and you understand and agree that in making an investment for the purchase of SCRHT pursuant to these T&C you shall not:

a) Acquiring or being entitled to intellectual property rights of the company;

b) Make claims in respect of the Company’s IP Rights or any other equivalent rights; or

c) Use, attempt to use, copy, imitate or modify (whether in whole or in part) the Company’s Intellectual Property Rights, except with our prior written and signed consent.

 

  1. Indemnification

 

15.1 To the fullest extent permitted by law, you will indemnify, defend and hold harmless the Company and our respective employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parents, subsidiaries, past, present and future. (the «Company Companies») from and against any and all claims, demands, actions, damages, losses, costs and expenses (including reasonable professional and legal fees) arising out of or relating to:

a) Your acquisition or use of SCRHT under these T&C;

b) The performance or non-performance of your responsibilities or obligations under these T&C;

c) Your breach of any of the terms and conditions set out in these T&C; or

d) Your failure to comply with any rights of any other person or entity.

 

15.2 The Company reserves the right to exercise sole control over the defence, at its sole cost and expense, of any claim subject to indemnification set out in clause 15.1.

15.3 The indemnity set forth in this clause 15 is in addition to and not in lieu of any other remedy that may be available to the Company under applicable law.

 

  1. Resignations

 

16.1 To the fullest extent permitted by applicable law and unless otherwise specified by us in writing:

a) SCRHT is sold «as is» and «as available», without warranties or representations of any kind, and we expressly disclaim all warranties and representations relating to SCRHT (whether express or implied), including, without limitation, implied warranties of merchantability, fitness for a particular purpose, title and non-infringement;

b) We do not represent or warrant that SCRHT is reliable, current or free from defects, will conform to your requirements or that any defects will be corrected; and

16.2 These T&Cs do not constitute a prospectus or offering document, an offer to sell, or the solicitation of an offer to buy any investment or financial instrument in any jurisdiction. SCRHT should not be purchased for speculative or investment purposes with the expectation of gain on immediate resale.

16.3 No regulatory authority has reviewed or approved any of the information set out in these T&C and/or the Project Documentation.

 

  1. Limitation of liability

 

17.1 To the fullest extent permitted by law, it shall in no case:

a) The Company or any of the Company Parties shall be liable for any direct, indirect, special, incidental or consequential loss of any kind (including, without limitation, loss of revenue, business or profits, loss of contract or goodwill, loss of savings, loss of use or data, or damages for business interruption or any similar loss) arising out of or in any way connected with the acquisition, storage, transfer or use of SCRHT or otherwise in connection with these T& C, regardless of the cause of action, whether based in contract, tort (including negligence), breach of statutory duty, restitution or any other legal or equitable basis (even if the Company or any of the Company Parties have been advised of the possibility of such losses and regardless of whether such losses were foreseeable); and

b) The Company’s and the Company Parties’ (collectively) liability shall not exceed the minimum amount of 100 euros concerning your investment, whether arising from contract, tort (including negligence), breach of legal duty, restitution, or any other legal or equitable basis, arising from or related to these Terms and Conditions or the use or inability to use SCRHT.

17.2 The limitations and exclusions of liability set out in clause 17.1 shall not limit or exclude liability for the gross negligence, fraud or wilful or reckless misconduct of the Company, nor shall they limit or exclude losses for which, under applicable law, it would be unlawful to limit or exclude liability.

 

  1. Taxation

 

18.1 You are solely responsible for determining whether your investment in the Company for the purpose described in clause 7.6 of these T&C or, the creation, ownership, use, sale, transfer or liquidation of SCRHT, the possible appreciation or depreciation in value of SCRH (if applicable), the allocation of SCRHT and/or any other action or transaction contemplated by these T&C or related to the Company’s Platform will give rise to any tax implications on your part.

18.2 You are also solely responsible for withholding, collecting, reporting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which you may be liable to pay taxes. The Company shall not be responsible for withholding, collecting, collecting, reporting, reporting, paying, settling and/or remitting taxes (including, without limitation, income, capital gains, sales, value added or similar taxes) which may arise from your investment in and acquisition of SCRHT under or in connection with these T&C.

18.3 You agree not to hold the Company or any of the Company Parties, shareholders, officers, executives, employees or subcontractors of the Company liable for any tax liability associated with or arising out of the creation, ownership, use or liquidation of SCRHT or any other action or transaction relating to the subject matter as described in clause 7.6 hereof, these T&C or the Token Sale.

 

  1. Data protection

 

19.1 If we make a request for information under clause 5, we may ask you to provide information and documents relating to (without limitation):

a) their identity;

b) your address and/or fiscal address;

c) the source of their income;

d) the provenance of the funds used to purchase SCRHT; and/or

e) any other document or piece of information from which it can be identified,

f) or any other information that is relevant, such as whether he or she is a «politically exposed person», any information related to «know you client» and / our «anti Money laundering» y / our » financiación antiterrorista”. (Your «personal data» Together”).

19.2 We will not disclose your Personal Data except as expressly permitted under these T&C and otherwise only with your prior consent. However, we may be required to disclose your Personal Data and/or certain other information about you to the extent required by law or by an order of a court or competent governmental or regulatory authority. By accepting these T&C, you expressly consent to the disclosure of your Personal Data to (i) third parties to any extent required to comply with the law and (ii) in particular, you consent to the Company disclosing your Personal Data to (i) third parties to the extent required to comply with the law and (ii) in particular, you consent to the Company disclosing your Personal Data to the Company.

19.3 We will process your Personal Data in accordance with the General Data Protection Regulation (EU) 2016/679 and any amendments thereto and you agree that, as a data controller, we may process directly or through our service providers or agents or subcontractors your Personal Data for one or more of the following purposes:

a) the purchase of SCRHT and the processing of transactions in connection with the Sale of Tokens in accordance with these T&C and, in particular, in accordance with clause 7.6 of these T&C;

b) provide you with information about us and our range of services;

c) compliance with any requirement imposed by law or by an order of a court or competent governmental or regulatory authority;

d) handling of queries and complaints;

e) open, maintain or operate a bank account in the name of the Company;

f) subject to clause 20, resolving any dispute with you;

g) produce summary information for statistical, regulatory and auditing purposes; and / or

h) any other reasonable purpose in accordance with applicable law.

19.4 Under the GDPR, you have the right to request access to your Personal Data held by us, and it is your responsibility to inform us of any changes to your Personal Data to ensure that it remains accurate. You also have the right to object to your Personal Data being processed for direct marketing purposes. You agree to send us a written email request if you wish to enforce these rights.

19.5 You agree that we may, for the purposes set out in clause 19.3, permit the transfer of your Personal Data to any jurisdiction, whether within the European Economic Area or not, and that by accepting these Terms and Conditions, you expressly consent and consent to the processing of your Personal Data by us, our agents and/or our service providers, provided that where your Personal Data is processed by entities other than us, our agents or our service providers, we will seek your prior written consent in respect of such processing, excluding the third party company referred to in clause 7. 6 of this document and these T&C that you expressly consent to us sharing your Personal Data by agreeing to these terms and conditions at the time of purchasing SCRHT.

19.6 You acknowledge, agree and understand that these T&C, insofar as they relate to the control and processing of your Personal Data by the Company, our agents and/or service providers, are only relevant to the processing of your Personal Data for the purposes set out in clause 19.3. In order to access the Company Platform and provide or receive services on it or otherwise use and interact with the Company Platform, you must agree to the Platform Terms which will also set out the terms and conditions under which your Personal Data is collected, stored and processed (as well as your individual rights under applicable data protection laws) in relation to your use of the Company Platform.

 

  1. Dispute resolution by arbitration

 

READ THE FOLLOWING CLAUSE CAREFULLY BECAUSE IT CONTAINS CERTAIN PROVISIONS, SUCH AS A BINDING ARBITRATION CLAUSE AND A WAIVER OF ACTION, THAT AFFECT YOUR LEGAL RIGHTS. THIS CLAUSE REQUIRES YOU TO ARBITRATE CERTAIN DISPUTES AND CLAIMS WITH THE COMPANY AND LIMITS THE MANNER IN WHICH YOU MAY SEEK REDRESS FROM THE COMPANY. YOU EXPRESSLY WAIVE ANY RIGHT TO ARBITRATION BY ACCEPTING THESE T&Cs AND/OR BY ACTING TO ACQUIRE ANY SCRHT YOU AGREE TO ACCEPT THESE T&Cs.

20.1 Arbitration. By agreeing to these T&CS, you waive any right to arbitration of any kind in any jurisdiction.

20.2 You waive any class, collective or representative actions. Any dispute arising out of or relating to these T&C is personal between you and the Company, and shall be resolved solely by individual arbitration and shall not be brought as a class action, or any other type of representative proceeding. There shall be no class action or class arbitration in which an individual attempts to resolve a dispute as a representative of another individual or group of individuals. No action shall be brought as a class or other representative action, whether in or out of arbitration or any other form or action, or on behalf of any other individual or group of individuals.

 

  1. Miscellaneous

 

21.1 We may amend these T& C from time to time as we see fit, including when there are changes to the intended functionality of SCRHT or as required by law or regulatory requirements to which we are subject or any other change to any provision or content of these T& C in our sole discretion without prior notice to you. If we make any changes to these T&C, we may post a notice in our sole discretion along with the updated T&C on our website and we will change the «Last Updated» date at the top of these T&C. Any changes to the terms and conditions will be effective immediately upon posting of the updated terms and conditions on our website. It is your responsibility to check our website regularly for any updated notices or T&C.

21.2 The Investor understands and accepts that the network of miners will eventually control the Smart Contract System and that most of these miners could agree at any time to make changes to the official Smart Contract System and run a new version of the Smart Contract System. Such a scenario could lead to SCRHT losing intrinsic value.

21.3 If any term, clause or provision of these T&C is determined to be unlawful, void or unenforceable (in whole or in part), then such term, clause or provision shall be severable from these T&C without affecting the validity or enforceability of any part of the remainder of that term, clause or provision, or any other term, clause or provision of these T& C, which shall remain in full force and effect. By accepting these T & C or by purchasing any SCRHT, you agree that any term, clause or provision of these T & C that is held to be unlawful, void or unenforceable will be replaced by a new, valid or enforceable term, clause or provision of these T & C with the same original meaning or intent.

21.4 These T&Cs constitute the entire agreement between the Parties relating to the subject matter. These T&C supersede and extinguish any and all prior agreements, draft agreements, arrangements, warranties, declarations, assurances, representations and undertakings of any nature whatsoever made by or on behalf of the Parties, whether oral or written, public or private, in relation to that subject matter.

21.5 You acknowledge that in accepting these T&C, you have not relied upon any oral or written statements or warranties, assurances, representations or undertakings which were or could have been made or given on behalf of the Company in connection with the subject matter of these T&C at any time prior to your acceptance («Precontractual Representations»), other than those set forth in these T&C. You hereby waive any and all rights and remedies that might otherwise be available in connection with such Pre-contractual Representations.

21.6 Nothing in these T&Cs shall be deemed to create a form of partnership, joint venture or any other similar relationship between you and the Company and/or any other persons or entities involved in these T&Cs.

21.7 Subject to clause 20, these T&Cs and any dispute or claim arising out of or in connection with their subject matter or formation (including contractual or non-contractual disputes and claims) shall be governed by and construed in accordance with Spanish law.

21.8 The Parties irrevocably agree that the courts of Malaga, Spain shall have exclusive jurisdiction to settle any dispute or claim arising out of these T&C or its subject matter or formation (including contractual or non-contractual disputes and claims).

21.9 Content and opinions expressed through unofficial channels that are not the exclusive property of Rewire Holding LTD, also known as «saurus or saurus.com» (e.g., among others, the Youtube channel called «Mr. Santos» https://youtube.com/channel/UCo3hRG_jF6lAVzOUh_UM5Sg or Saurus Inversiones SL, also known as «Saurus Crowd or sauruscrowd.com» or others from the same individual owner, such as https://www.instagram.com/mrsantoscoach/ https://m.facebook.com/mrsantoscoach/  etc.) are the sole and exclusive opinion and responsibility of the author/owner, and may differ from those of Rewire Holding LTD (Saurus) and, therefore, no liability of any kind is attributable to Rewire Holding LTD.

Saurus Inversiones SL is an investment vehicle which has no corporate relationship with Rewire Holding Ltd, other than the «Share Purchase Agreement» and therefore no obligation of any kind shall be attributable to Rewie Holding LTD, its employees or owners.

 

ANNEX 1

  PLANNED FUTURE FUNCTIONALITY OF SCRHT ON THE COMPANY’S PLATFORM

As explained in section 7.4 above, SCRHT will initially be held by the Company, and in the future, if the Company deems it appropriate, will be passed on to the holders of the tokens and allow them to interact with the tokens on the Platform where SCRHT will be an essential utility for users, as it will be considered the main driver of the Company’s ecosystem. If deemed appropriate by the Company in the future, SCRHT will effectively operate as an «in-app currency», the sole purpose of which is to enable users to participate in the Company’s Platform.

SCRHT has several purposes within the Company Platform, depending on the role the user chooses to assume. Primarily, SCRHT will have the following functionality within the Company Platform:

  • SCRHT is intended to be potentially listed on a private or public token exchange in the future, if the Company believes there is sufficient liquidity, at the Company’s sole discretion.
  • SCRHT does not have any functionality or utility outside of the Company’s Platform. The functionality and utility of SCRHT will therefore be limited to interacting with users/content within the boundaries of the Platform.
  • SCRHT is not intended to have any functionality or utility outside of the Company Platform. Therefore, the Company Platform will be structured as a «closed system» with respect to the use of SCRHT. While it is possible that a secondary market for the trading of SCRHT may develop, the Company will not operate such secondary markets or act as an exchange for SCRHT. To the extent that a secondary market or exchange is developed for trading, SCRHT will be executed and operated wholly and independently of – the Company, – the Token Sale and – the Company’s Platform.

POSSIBILITY TO SWITCH TO THE INTENDED SCRHT FUNCTIONALITY

PLEASE NOTE THAT WE ARE IN THE PROCESS OF CONDUCTING A LEGAL AND REGULATORY ANALYSIS OF THE SCRHT FUNCTIONALITY. FOLLOWING THE CONCLUSION OF THIS REVIEW, WE MAY DECIDE TO AMEND THE INTENDED FUNCTIONALITY OF SCRHT TO ENSURE COMPLIANCE WITH ANY LEGAL OR REGULATORY REQUIREMENTS TO WHICH WE ARE SUBJECT. WE WILL POST A NOTICE ON OUR WEBSITE (www.sauruscrowd.com) OF ANY CHANGES WE DECIDE TO MAKE TO THE SCRHT FUNCTIONALITY AND IT IS YOUR RESPONSIBILITY TO REGULARLY CHECK OUR WEBSITE FOR SUCH NOTICES. AT THE CONCLUSION OF THIS REVIEW, WE WILL DECIDE WHETHER OR NOT TO CHANGE THE SCRHT FUNCTIONALITY.

 

ANNEX 2

RISK FACTORS

  1. Risk of software weaknesses: because SCRHT, the Smart Contract System and the Company’s Platform are based on the Ethereum protocol, any malfunction, failure or abandonment of the Ethereum protocol can have a material adverse effect on SCRHT, the Smart Contract System and/or the Company’s Platform.

In addition, advances in cryptography, or any other technical advances such as the development of quantum computing, among others, could present risks to SCRHT (including SCRHT’s utility to obtain services), the Smart Contract System and/or the Platform, by rendering ineffective the cryptographic consensus mechanism underpinning the Ethereum protocol. The Smart Contract System concept, the underlying software application and the software platform (i.e. the Ethereum public platform or the Company’s portfolio of smartphone applications) is still at an early stage of development and is untested. There is no guarantee or assurance that the process for creating and using SCRH or the Company’s smartphone application wallet/server will be seamless or error free and there is an inherent risk that the software may contain defects, weaknesses, vulnerabilities, viruses or bugs causing, among others, the complete loss of investments and/or SCRHT.

  1. Regulatory risk: blockchain technology («public platform») enables new forms of interaction and it is possible that certain jurisdictions will apply existing regulations or introduce new regulations addressing applications based on public platform technology, which may be contrary to the current configuration of the Smart Contract System and/or the Company’s smartphone application wallet/server and which may, among other things, result in substantial modifications to the Smart Contract System and/or the Company’s Platform, including its termination and the loss of SCRHT for the Investor.

In addition, the regulation of the proposed Company Platform activities is currently uncertain. It is not known under which regulatory framework the proposed Company Platform and associated activities will be caught, the nature and obligations that will be imposed on the Company Platform to comply with such regulatory framework or when/if the Company Platform will even be able to apply to be regulated or successfully obtain the necessary licences to enable it to lawfully carry out its proposed business activities.

  1. Risks associated with uncertain regulations and enforcement actions: the regulatory status of SCRHT and the Company’s distributed accounting technology and the Company’s portfolio/smartphone application server or the Company’s Platform is unclear or unsettled in many jurisdictions. It is difficult or impossible to predict how or whether regulatory authorities may enforce existing regulation with respect to such technology and its applications, including the Company’s Platform and SCRHT. It is also difficult to predict how or whether legislative or regulatory authorities may implement changes to law and regulation affecting distributed accounting technology and its applications, including the Company’s Platform and SCRHT. Regulatory actions could negatively impact the Company’s Platform and SCRHT in a number of ways, including, for illustrative purposes only, through a determination that SCRHT is a regulated financial instrument requiring registration or licensing. The Company may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it unlawful to operate in such jurisdiction, or commercially undesirable to obtain regulatory approvals necessary to operate in such jurisdiction.

 

  1. Risk of abandonment / lack of success: the creation and issue of SCRHT and the development of the Company Platform or the third party company subject to these T&C may in the future be abandoned or cease to exist for various reasons, including lack of public interest, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects). There is no guarantee that, even if the Company’s Platform is partially or fully developed and launched, it will receive the benefits through SCRHT that it holds.

 

  1. Risk associated with other applications: the Company’s Platform may give rise to other alternative projects, promoted by unaffiliated third parties, under which SCRHT will have no intrinsic value or the assets held by the Company and third parties subject to clause 7.6. of these T&C may have no intrinsic value.

 

  1. Risks associated with SCRHT markets: We may not enable or otherwise facilitate any secondary trading or external valuation of SCRHT. This may restrict the contemplated avenues for using SCRHT and could therefore create a risk of illiquidity in respect of any SCRHT held. Although potentially in the future secondary trading of SCRHT will be 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.

In addition, to the extent that a third party attaches an external exchange value to SCRHT (for example, as denominated in a crypto or fiat currency), such value may be extremely volatile and decrease to zero. If you are purchasing SCRHT as a form of speculative investment or otherwise, or for a financial purpose, with the expectation or desire that its inherent, intrinsic or cash equivalent value may increase over time, you assume all risks associated with such speculation or actions, and any errors associated therewith, and agree that SCRHT is not offered by the Company or our affiliates on an investment basis. You further acknowledge that any investment you make under these T&C will not be protected, guaranteed or reimbursed by any governmental, regulatory or other entity, and will not be guaranteed, for example, by any Deposit Guarantee Scheme, by any Investor Compensation Scheme, and is unlikely to be protected by an equivalent scheme in a jurisdiction outside Spain.

 

  1. Risk of losing access to tokens due to loss of private key(s), custody error or your error: SCRHT can only be accessed using an Ethereum wallet provided by the Company with a combination of the Investor’s account information (address), private key and password. The private key is encrypted with a password. You acknowledge, understand and agree that if your private key or password is lost or stolen, the obtained SCRHT associated with your Ethereum wallet address may be unrecoverable and permanently lost. In addition, any third party who gains access to your private key, including by gaining access to the login credentials associated with your Ethereum wallet provided by the Company, may misappropriate your SCRHT. Any error or malfunction caused by or related to the Company-provided digital wallet in which you will receive and store SCRHT, including your own failure to maintain or use such digital wallet, may also result in the loss of your SCRHT.

 

  1. Risk of theft: The Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum public platform or the Company’s wallet/smartphone application server or the Company Platform) may be exposed to attacks by hackers or others, including but not limited to malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and phishing. Any such successful attacks could result in the theft or loss of investments or SCRHT, negatively impacting the ability to develop the Company’s Platform and derive any use or functionality from SCRHT. In addition, because the Company Platform is based on open source software and third party software, there is a risk that a third party or a member of the Company Team could intentionally or unintentionally introduce weaknesses or defects into the core infrastructure of the Company Platform, which could negatively impact the Company Platform and SCRHT.

 

  1. Risk of mining attacks: as with any token in any wallet (including the Company’s wallet/smartphone application server or the Company’s Platform), public platforms, the blockchain used for the Smart Contract System is susceptible to mining or any other attacks, including but not limited to double-spending attacks, wholesale mining attacks, «mine your own» attacks and rare condition attacks. Any successful attack presents a risk to the Smart Contract System, the expected execution and sequencing of token transactions and the expected execution and sequencing of contract calculations. You therefore understand and accept that the network of extractors will ultimately be in control of the delivery of SCRHT through the Smart Contract System, and that most extractors could agree at any time to make changes, updates, modifications or deletions to or destruction of the Smart Contract System, and that such a scenario could lead to SCRHT losing intrinsic value and/or functionality.

 

  1. Incompatible wallet service risk: the wallet or wallet service provided by the Company used to receive SCRHT is intended to comply with the ETH token standard to be technically compliant with SCRHT. There is a possibility that a software upgrade of the Company’s wallet / server could cause a failure to ensure such compliance and may result in the Investor not gaining access to their SCRHT.

 

  1. Hard-fork risk: the Company’s smartphone application portfolio/server and/or the Company’s Platform will require significant development work as part of which may be subject to significant conceptual, technical and commercial changes prior to launch. As part of the development, an upgrade to SCRHT (i.e. a hard-fork of SCRHT or other major change) may be required and, if you choose not to participate in such upgrade, you may no longer be able to use your SCRHT and any SCRHT not upgraded may lose its functionality altogether.

 

  1. Risk of uninsured losses: unlike bank accounts or accounts in other financial institutions, SCRHT has no insurance unless you obtain private insurance specifically to insure them yourself. Therefore, in the event of loss or loss of value of utilities, there is no public insurer or private insurance arranged by us to offer you recourse.

 

  1. Tax Risks: The tax characterisation of SCRHT is uncertain. You should seek your own tax advice in connection with the acquisition, storage, transfer and use of SCRHT, which may have adverse tax consequences to you, including, without limitation, withholding taxes, transfer taxes, value added taxes, income and similar taxes, levies, duties or other charges and tax reporting requirements in any applicable jurisdiction.

 

  1. Risk of unfavourable fluctuation of crypto/fiduciary currencies and other currency value: the Company tends to use the investments received as defined in clause 7.6 of these Terms and Conditions. Investments received will be denominated in EUR and may be converted into other crypto and fiat currencies. If the value of any cryptocurrency or other currencies fluctuates unfavourably during or after the Investment Period, the Company will not be able to fund the subject matter as described in clause 7.6 herein, these T&C, or will not be able to maintain, the Company Platform in the manner it intended.

 

  1. Risk of dissolution of the Company or the network: it is possible that, due to any number of reasons, including, but not limited to, an unfavourable fluctuation in the value of ETH (or other crypto and fiat currencies), SCRHT’s profit decreases due to negative adoption of the Company’s Platform, failure of business relationships, or intellectual property challenges, or lack of funding or any other reason that causes the Company or the company referred to in clause 7. 6 herein, these T&C may no longer be viable as a business or makes a voluntary/involuntary liquidation or enters into bankruptcy protection or bankruptcies, or the Company may simply no longer be viable to operate and the Company Platform may be dissolved.

 

  1. Risks arising from lack of governance rights: because SCRHT does not confer governance rights of any kind with respect to the Company or the Company Platform, all decisions involving the Company Platform or the Company will be made acting in your sole and absolute discretion, including, without limitation: decisions to discontinue the Company Platform, create and issue further SCRHT, or sell or liquidate the Company. These decisions could adversely affect the Company Platform and/or SCRHTs that you own.

 

  1. Risks associated with the development and maintenance of the Company Platform: the Company Platform is still under development and may undergo significant changes over time. While we intend that SCRHT and the Company Platform (including the Company’s or third party smartphone application server/portfolio) will operate as described in Annex 1, and we intend to take commercially reasonable steps to those ends, we may need to make changes to the specifications of SCRHT or the Company Platform. We may need to make changes to the specifications of SCRHT or the Company’s platform (including the Company’s or third party smartphone application wallet/app wallet) for any number of legitimate technical or commercial reasons or otherwise. In addition, we have no control over how other participants will use the Company Platform (including the Company’s or third parties’ smartphone application wallet / server), what products or services will be offered through the Company Platform by third parties, or how third party products and The Company Platform, such as its development and maintenance, may not meet your expectations at the time of purchase. In addition, despite our good faith efforts to develop and participate in the Company Platform, it is still possible that the Company Platform may experience a malfunction or may not be properly developed or maintained, which may adversely affect the Company Platform and SCRHT, and the potential utility of SCRHT, including the utility of SCRHT to obtain services and/or be used in the manner intended at the time of the Token Sale or thereafter.

 

  1. Competing Platform Risk: it is possible that alternative platforms may be established that use the same open source code and/or third party software (i.e., wallet/server) used by the Company and/or protocol underlying the Company Platform and attempt to facilitate services that are materially similar to the services offered by or within the Company Platform. The Company Platform may compete with these alternatives, which could adversely affect the Company Platform and SCRHT, including SCRHT’s ability to obtain services offered by or within the Company Platform.

 

  1. Unanticipated Risks: Cryptographic tokens such as SCRHT are a new and as yet untested or insufficiently tested technology. In addition to the risks set out in this Appendix 2, there are other risks associated with your acquisition, storage, transfer and use of SCRHT, including those that the Company cannot anticipate or lose. Such risks may further materialise as unforeseen variations or combinations of the risks set out in Schedule 2..

 

Información de contacto

Email: inversion@sauruscrowd.com

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