Terms And Conditions

Please read these terms of token sale carefully. If you do not agree to these terms of sale, do not contribute to the token sale. Your purchase of Dettapay Tokens (“ DETTA ”) during the DETTA sale period (“Sale Period ”) from distx.com (“dettapay.com” “ Dettapay,” “ we,” or “ us ”) is subject to these Terms of Sale (“Terms”). You and Dettapay are each a “Party ” and together with the “ Parties.” Restrictions: Participants cannot purchase DETTA if there are applicable legal restrictions in their country of residence. Participants must agree that they can participate in the token sale in their region by their laws and regulations. The DistX Website and DETTA are only intended for sale to Participants who may lawfully offer DETTA for sale. Dettapay will ask all prospective participants to agree that they are not residents of our Restricted Jurisdiction via the DistX platform. By purchasing DETTA during the Sale Period and/or using DETTA in connection with the Platform (as defined below), you are bound by these Terms and all terms incorporated by reference. If you have any questions regarding these Terms, please contact us at [email protected] You and Dettapay agree as follows:

Purpose and Use of DETTA tokens Dettapay is intended to be a decentralized platform allowing DETTA tokens to be exchanged for access to services within the platform or held in various amounts to unlock tools of the Dettapay platform. DETTA tokens may also be sent to other users via the Dettapay app or any compatible ERC20 wallet.

1. General Terms

1.1  The terms of this TTS (the “Terms”) set forth the general rules and procedure of the Token Sale by Dettapay, as well as their purchase by Participants.

1.2. These Terms, including any Annex to this TTS, constitute a binding agreement between Dettapay and Participants accessing the Website and/or providing payments to Dettapay connected with the Token Sale. The contents of the Website and

websites accessible from hyperlinks on the Website do not form an integral part of these Terms unless stated explicitly.

1.3. These Terms should be read carefully by each Participant. Each Participant must understand, irrevocably accept, and comply with these Terms at all times.

1.4. The cryptographic tokens referred to in these Terms are DETTA. DETTA are tokens existent on the Ethereum blockchain to enable usage of and interactions with Dettapay and the Project.

1.5. These Terms provide certain information with regards to purchasing and using DETTA.

1.6. These Terms do not purport to contain all information relating to DETTA. In particular, they are not deemed to provide (and must not be held as such) any advice relating to your decision to purchase DETTA and must not be considered as providing complete information about such a decision. Using the distx website and/or purchasing DETTA, you agree to these terms in their entirety. It is understood and presumed that by the facts of use of the website and purchase of DETTA, the respective participant has fully read, understood, and irrevocably accepted these terms. If any participant does not agree with these terms in general or any part of it, such a user should entirely withhold using the website and/or purchasing DETTA. If you do not agree to all of these terms, please do not participate in the token sale. Your transfer of cryptocurrencies to Dettapay or your access to and use of the website constitutes your acceptance of an agreement to abide by each and every rule and provision of these terms, including our privacy policy that is hereby incorporated in these terms by reference. If you are using the website on behalf of your organization, that organization accepts these terms. Note that any regulator, competent authority has not yet approved these terms, or authorized person in general, and specifically not within the meaning of a competent authority according to law. Therefore, relying on this document to purchase DETTA may expose you to a significant risk of losing all assets. Only risk capital that you can afford to risk.

2 Representations and Warranties

2.1 By purchasing DETTA, the contributor represents and warrants that he/she:

  • >  understands that Token Sale shall take place on the DistX Website; has read and understood the terms of this TTS (including the risk factors set out in Annex A of this TTS and any accompanying Dettapay documents);
  • >  understands that the Whitepaper’s content, the Website, including blogs, social media, and any press release or article regarding Dettapay or DETTA or public statements, are non-binding and are subject to change by Dettapay at its sole discretion. They are not part of these Terms and must not be held as modifying or amending them in any way;
  • >  understands and accepts that the development and execution of the Project is solely and exclusively of the competence of Dettapay, and Dettapay shall be free to decide on the way of its development and execution at its sole discretion;
  • >  understands and accepts that the scope of the development DETTA will be dependent on, and triggered by, the amount contributed and raised in the Token Sale;
  • >  understands and acknowledges that the Project is in development and may need to go through substantial development works; so the Project may have to undergo conceptual, technical, legal, and commercial changes before release at the sole discretion of Dettapay;
  • >  has the necessary authority and consent to accept this Agreement, to enter into a binding agreement with Dettapay, and to perform the obligations set out herein;
  • >  understands that the purchase of DETTA is not in any way purchase of equity, asset, bond, security, derivative, or debt from Dettapay or any other associated entities;
  • >  acknowledges that DETTA is not a financial or securities instrument and that it is made for mere participatory access and involvement on the Dettapay Platform;
  • >  has an understanding of the functionality, usage, storage, transmission mechanisms, and intricacies of cryptographic tokens, digital token wallets, and blockchain-based software systems;
  • >  has obtained sufficient understanding about the future use and functionality of Dettapay and DETTA to make an informed decision to purchase DETTA according to this TTS;
  • >  is not prevented by legislation and/or regulations from purchasing, and is otherwise legally permitted to purchase, DETTA in the contributor’s jurisdiction;
  • >  is of sufficient age to purchase DETTA legally in whichever jurisdiction he/she is domiciled; if he/she purchases DETTA for or on behalf of an entity or person, he/she is authorized to accept this TTS and enter into a binding agreement with Dettapay on such entity’s or person’s behalf;
  • >  if he/she makes a purchase of DETTA 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 and is legally permitted to purchase DETTA in that jurisdiction;
  • >  will have to take full responsibility for any restrictions and risks associated with the purchase of DETTA as set out more fully in Annex A of this TTS;
  • >  is not purchasing DETTA for speculative investment and will only risk the amount of capital they can afford to lose if Dettapay or DETTA is exposed negatively to any of the risks outlined in Annex A.

2.2 The contributor understands, acknowledges, and agrees that:

  1. to the fullest extent permitted by law, Dettapay provides no warranties hereunder, of whatsoever nature, whether express or implied, and that DETTA are purchased on an “as is” basis;
  1. he/she accepts sole risk for the purchase of DETTA, the creation and issue of DETTA and the development and deployment of the Dettapay Platform carries financial, regulatory and reputational risks, including but not limited to those set out in Annex A of this TTS, and that he/she accepts and assumes the sole risk for the purchase of DETTA;
  1. the Dettapay online services, solutions, and Websites including, but not limited to, the Project, are currently being developed and may undergo significant changes before the final release or may not have a final release;
  1. while Dettapay will make reasonable efforts to continue developing its software features, there may never be an operational and completed Project with the desired features. It is also possible that even if Dettapay releases a desired version of the Project, due to a lack of public interest in decentralized applications, the Dettapay Platform could be suspended/terminated.
  1. Disclaimers

3.1. Risk of Hacking and Security Weaknesses

Hackers or other malicious groups or organizations may attempt to interfere with the Platform or DETTA in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, smurfing, and spoofing. Furthermore, because the Platform is based on open-source software, there is a risk that a third party or a member of the Dettapay.com team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the Platform, which could negatively affect the Dettapay and DETTA, including DETTA’s utility for obtaining Services.

3.2 Risk of Mining Attacks

As with other decentralized cryptographic tokens based on the Ethereum protocol, DETTA is susceptible to attacks by miners in the course of validating DETTA transactions 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 Dettapay Platform and DETTA, including, but not limited to, accurate execution and recording of transactions involving DETTA.

3.3 Risks Associated with the Ethereum Protocol

Because DETTA and the Dettapay Platform are based on the Ethereum protocol, any malfunction, breakdown, or abandonment of the Ethereum protocol may have a material adverse effect on the Platform or DETTA. Moreover, advances in cryptography, or technical advances such as quantum computing, could present risks to DETTA and the Dettapay Platform, including DETTA’s utility for obtaining Services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.

3.4. Risks Arising from Taxation

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

3.5. Risks Associated with Uncertain Regulations and Enforcement Actions

The regulatory status of DETTA 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 concerning such technology and its applications. Regulatory actions could negatively impact the Dettapay Platform and DETTA in various ways, including, for purposes of illustration only, through a determination that DETTA is a regulated financial instrument that requires registration or licensing.

3.6. Risk of Losing Access to DETTA Due to Loss of Private Key(s), Custodial Error, or contributor Error

A private key, or a combination of private keys, is necessary to control and dispose of DETTA stored in your digital wallet. Accordingly, loss of requisite private key(s) associated with your digital wallet storing DETTA will result in loss of such DETTA. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a digital wallet you use, may be able to misappropriate your DETTA. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store DETTA, including your own failure to maintain or use such a digital wallet properly, may also result in the loss of your DETTA.

3.7. Risks Associated with the Development and Maintenance of the Platform

It is possible that the Platform will not be used by a big number of people, companies, and other entities or that there will be a limited public interest in the creation and development of distributed platforms (such as the Dettapay Platform) more generally. Such a lack of use or interest could negatively impact the development of the Platform and the potential utility of DETTA, including its utility for obtaining Services.

3.8. Risk of Insufficient Interest in the Platform or Applications

It is possible that the Platform will not be used by a big number of people, companies, and other entities or that there will be a limited public interest in the creation and development of distributed platforms (such as the Dettapay Platform) more generally. Such a lack of use or interest could negatively impact the development of the Platform and the potential utility of DETTA, including its utility for obtaining Services.

3.9. Risks Associated with Markets for DETTA

DETTA are intended to be used solely on the Platform. This restricts the contemplated avenues for using DETTA to obtain Services or access the Platform and could create illiquidity risk concerning DETTA you hold. Even if third-party exchanges facilitate DETTA’s secondary trading, such exchanges may be relatively new and subject to little or no regulatory oversight, making them more susceptible to market-related risks.

3.10.Risk of Dissolution

It is possible, due to any number of reasons, including, but not limited to, an unfavorable fluctuation in the value of Ethereum (or other cryptocurrencies), decrease in DETTA’s utility (including its utility for obtaining Services), the failure of commercial relationships, or intellectual property ownership challenges, the Platform may no longer be viable to operate.