β³Terms and Conditions for CratD2C Initial Coin Offering (ICO)
Please ensure you thoroughly review our Terms and Conditions and Disclaimer for complete understanding and compliance.
1. Introduction
Welcome to the CratD2C ICO. This document outlines the Terms and Conditions (T&C) governing your participation in our Pre-ICO and ICO. By participating in the CratD2C Pre-ICO and ICO, you agree to be bound by these terms.
2. Coin Swap Participants of the Pre-ICO will be eligible for a 3:1 swap ratio from CRAT Token to CratD2C Native Coin upon the launch of our Blockchain Mainnet.
Participants of the ICO will be eligible for a 1:1 swap ratio from CratD2C-Pre to CratD2C Native Coin upon the launch of our Blockchain Mainnet.
3. Cliff Period
The Cliff Period for CratD2C Decentralized Autonomous Smart Chain begins on the first day of CratD2C Coinβs listing on a centralized exchange and lasts three months. Pre-ICO and ICO Rounds participants cannot trade their acquired coins during this period. This is to ensure market stability and a fair distribution of native coins.
4. Vesting Period
Tokens purchased in the pre-ICO and ICO phases are fully allocated to you immediately after completing the transaction. However, the conversion of these tokens into the blockchain's native cryptocurrency, CratD2C Coins, will be conducted at a rate of 25% per quarter following the completion of the specified cliff period.
5. Acknowledgment
By participating in the CratD2C Pre-ICO and ICO, you acknowledge and agree to these terms and conditions. You also affirm that you are not a resident or citizen of any ICO-restricted territories.
6. Disclaimer
Participants are responsible for adhering to their jurisdictions' Initial Coin Offerings (ICO) regulations. It is incumbent upon each participant to ensure compliance with local laws and regulations related to ICO participation.
Furthermore, CratD2C retains the authority to review these terms at any given moment. It is the duty of each participant to stay informed of any modifications to these terms, as ongoing participation in the ICO implies acceptance of such changes.
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