Terms of Serivce

The following Terms and Conditions govern your purchase of cryptographic tokens ("OZ") from the Ozone website, an exempted company registered in RUSSIA. Each of you and the Company is a "Party​" and, together, the "Parties​" to these Terms. This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the $OZ token sale.

IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE OZ FROM THE COMPANY. BY PURCHASING OZ FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, don't hesitate to get in touch with THE COMPANY AT INFO@O.ZONE

By purchasing OZ, and to the extent permitted by law, you are agreeing not to hold any of the Company and its respective past, present, and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, and successors liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of $OZ, including losses associated with the terms set forth below.

Do not purchase $OZ if you are not an expert in dealing with cryptographic tokens and blockchain-based software systems. Before purchasing $OZ, you should carefully consider the terms listed below and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following terms are unacceptable to you, you should not purchase $OZ.

Purchases of $OZ should be undertaken only by individuals, entities, or companies with significant experience with and understanding of the usage and intricacies of cryptographic tokens, including ethereum tokens and blockchain-based software systems. Purchasers should have a functional understanding of storage and transmission mechanisms associated with other cryptographic tokens. While the Company will be available to assist purchasers of $OZ during the sale, the Company will not be responsible in any way for loss of BTC, eth, or $OZ resulting from actions taken by or omitted by purchasers. If you do not have such experience or expertise, you should not purchase $OZ or participate in selling $OZ. Your participation in the $OZ sale is deemed your undertaking that you satisfy the requirements mentioned in this paragraph.

You may not acquire a $OZ token if you are a citizen, resident (tax or otherwise), or green card holder of the united states of America, or a citizen or resident of the Republic of South Africa, Iran, Afghanistan, Syria, Iraq, Libya or the cayman islands.

1. Conditions to Token sale

When you purchase or otherwise receive a $OZ token, you may only do so by accepting the following conditions and, by doing so, you warrant and represent that the following are a true and accurate reflection of the basis on which you are acquiring the $OZ tokens:

  • · Neither the Company nor any of the Ozone Team has provided you with any advice regarding whether $OZ is a suitable investment for you;
  • · You have a sufficient understanding of the functionality, usage, storage, transmission mechanisms, and intricacies associated with cryptographic tokens, such as Bitcoin and Ether, as well as blockchain-based software systems generally;
  • · You are legally permitted to receive and hold and make use of $OZ in your and any other relevant jurisdiction.
  • · You will supply us with all information, documentation, or copy documentation that we require to allow us to accept your purchase of $OZ and allocate $OZ to you;
  • · You have not supplied us with information relating to your acquisition of $OZ or otherwise which is inaccurate or misleading;
  • · You will provide us with any additional information which may be reasonably required so that we can fulfill our legal, regulatory, and contractual obligations, including but not limited to any anti-money laundering obligation;
  • · You will notify us promptly of any change to the information supplied by you to us;
  • · You are of a sufficient age (if an individual) to legally obtain $OZ, and you are not aware of any other legal reason to prevent you from obtaining $OZ;
  • · You take sole responsibility for any restrictions and risks associated with receiving and holding $OZ, including but not limited to these set out in Annex A;
  • · By acquiring $OZ, you are not making a regulated investment, as the regulator may interpret this term in your jurisdiction;
  • · You are not obtaining or using $OZ for any illegal purpose and will not use $OZ for any unlawful purpose;
  • · You waive any right you may have/obtain to participate in a class-action lawsuit or class-wide arbitration against any entity or individual involved with the sale of $OZ;
  • · Your acquisition of $OZ does not include your purchase or receipt of shares, ownership, or any equivalent in any existing or future public or private company, corporation, or other entity in any jurisdiction;
  • · To the extent permitted by law and provided we act in good faith, the Company makes no warranty whatsoever, either expressed or implied, regarding the future success of $OZ and/or the Ethereum Network;
  • · You accept that $OZ is created, and you obtain $OZ on an "as is" and "under development" basis. Therefore, provided the Company acts in good faith, you accept that the Company is providing $OZ without being able to give any warranties in relation to $OZ, including, but not limited to, title, merchantability or fitness for a particular purpose;
  • · You accept that you bear sole responsibility for determining if (i) the acquisition, the allocation, use, or ownership of $OZ (ii) the potential appreciation or depreciation in the value of $OZ over time if any, (iii) the sale and purchase of $OZ; and/or (iv) any other action or transaction related to $OZ has tax implications.

2. Overview of $OZ sale

$OZ is required for proper operation and comprehensive utilization of the OZONE framework (as defined in the white paper provided at HTTP:// o.zone as of the date the Purchaser acquires the $OZ token). After the $OZ sale, each $OZ is backed by purchasing the underlying assets, as described in the White Paper. To the extent, they do not contradict these Terms, the rights connected to $OZ are subject to the limitations set out in the White Paper, but this should in no case create obligations for the Company in addition to the ones contained in these Terms. The Company reserves the right to circumvent the algorithm used to select the underlying assets if it believes, in its sole discretion, that such selected underlying assets could adversely affect the Company or $OZ from a regulatory or legal perspective. The Company shall have the right to sell any underlying assets (if already part of the $OZ portfolio) and block their acquisition.

The maximum total amount of $OZs to be issued is 100,000,000. $OZs are generated as Purchasers buy them, and the total supply of $OZs will be fixed after the end of the $OZ sale. Ownership of $OZ during the $OZ token sale carries no rights express or implied. Purchases of $OZ are non-refundable.

The anticipated distribution of the $OZ tokens is as follows:

  • o 15% Ozone Team
  • o 15% Seed investors
  • o 15% Airdrop and marketing
  • o 15% Staking and rewards
  • o 10% Public sale
  • o 10% Liquidity pool(s)
  • o 10% Foundation
  • o 5% Charity and donations
  • o 5% Partnerships
3. $OZ price

Participants in the public sale will be able to buy a maximum amount of [$200,000] worth of $OZ tokens. The valuation of each $OZ token will be [$0.01]

The US Dollars to ETH or BTC exchange rate is used to dynamically set the ETH or BTC to OZ rate.

The Purchaser must have a wallet that supports the [ERC-20] token standard to receive any $OZ purchased from the Company.

4. After the public sale

The Purchasers should have no expectation of influence over governance of the Company.

Before a Purchaser selling $OZ after the $OZ token sale completion, such Purchaser shall ensure that the buyer of any such $OZ undertakes to comply with all the provisions of these Terms as if such person were a Purchaser in the $OZ token sale.

5. All purchases are final

All purchases of $OZ are final. Purchases of $OZ are non-refundable. By purchasing $OZ, the Purchaser acknowledges that neither the Company nor any of its affiliates, directors or shareholders are required to provide a refund for any reason.

If the Company believes, in its sole discretion, that any individuals or entities owning $OZ create material regulatory or other legal risks or adverse effects for the Company and/or $OZ, the Company reserves the right to (a) buy all $OZ from such $OZ owners at the then-existing market price and/or (b) sell all cryptocurrency assets of the Company.

6. Privacy

The Purchasers may be contacted by email by the Company. Such emails will be informational only. The Company will not request any information from Purchasers in an email. See our Privacy Policy available on the Website for additional information

7. Disclaimer of Warranties

The Purchaser expressly agrees that he/she is purchasing $OZ at the his/her sole risk and that $OZ is provided on an "as is" basis without warranties of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties, merchantability or fitness for a particular purpose (except only to the extent prohibited under applicable law with any legally required warranty period to the shorter of thirty days from first use or the minimum period required). Without limiting the preceding, none of the Ozone team warrants that the process for purchasing $OZ will be uninterrupted or error-free.

8. Limitations Waiver of Liability

the Purchaser acknowledges and agrees that, to the fullest extent permitted by any applicable law, the disclaimers of liability contained herein apply to any damages or injury whatsoever caused by or related to (i) use of, or inability to use, $OZ or (ii) the Ozone team under any cause of action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that none of the Ozone team shall be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data, in any way whatsoever arising out of the use of, or inability to use, or purchase of, or inability to purchase, $OZ, or arising out of any interaction with the smart contract implemented in relation to $OZ. The Purchaser further acknowledges explicitly that the Ozone team is not liable for the conduct of third parties, including other purchasers of $OZ, and that the risk of purchasing and using $OZ rests entirely with the Purchaser. to the extent permissible under applicable laws, under no circumstances will any of the Ozoneteam be liable to any purchaser for more than the amount the Purchaser has paid to the Company for the purchase of $OZ. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for certain types of damages. Therefore, some of the above limitations in this section and elsewhere in the terms may not apply to a purchaser. in particular, nothing in these terms shall affect the statutory rights of any purchaser or exclude injury arising from any wilful misconduct or fraud of the Ozone team.

9. Complete Agreement

These Terms set forth the entire understanding between the Purchaser and the Company concerning the purchase and sale of $OZ. For facts relating to the sale and purchase, the Purchaser agrees to rely only on the Terms in determining purchase decisions and understands that the Terms govern the sale of $OZ and supersede any public statements about the $OZ token sale made by third parties or by the OZONE Team or individuals associated with any of the OZONETeam, past, and present and during the $OZ token sale.