Legal Disclaimer
DEFINITIONS
“Company” means Zine Group LLC, a Georgia Limited Liability Company.
"NOVO" refers to the native token of the Novopangea ecosystem.
“Novopangea Platform” means the blockchain-based game or story platform developed by Novopangea.
“User” means any individual and/or entity using the Novopangea Platform.
LEGAL DISCLAIMER
(a) General Information. Company intends to authorize utility tokens referred to as NOVO or NOVO Tokens (“Tokens”) allowing for non-solicited, non-mandatory input into game play within the Player’s Hub and on the Novopangea platform.
These Terms apply to you in respect of your purchase, Ownership and sale of any Token. If you do not agree with these Terms, you should not seek to purchase, Own or sell (and should take no further action in respect of) our Tokens. Please take all necessary legal, financial and technical advice before proceeding.
The parameters, use, or function of the Novopangea platform is subject to change, alteration, or discontinuance at any time subject to the discretion of Zine Group, LLC. As such, THERE IS NO GUARANTEE THAT THE UTILITY OF THE NOVO TOKENS WILL EXIST IN THEIR CURRENT OR PLANNED FORM AT THE TIME OF PURCHASE OR CONTINUE FOR ANY PERIOD OF TIME.
(b) Sale or Purchase of Tokens. Tokens will be made available for purchase from the Company at specific periods of time and may likewise be available for purchase on third-party platforms. Company makes no assurances as to the timing, availability, or cost of Tokens sold by Company. Any third-party trades, purchase, or sale of security by third-parties or on third-party platforms are not subject to the control of Company.
Company is not responsible for any third-party website you may use or access in connection with your purchase, Ownership or sale of a Token. We do not make any warranties or representations regarding the quality, accuracy, merchantability or fitness for purpose of any material on any third-party websites, whether or not linked to from our website. You understand and agree that your use of any third-party website is subject to the terms of use of that website which you should review and clarify as necessary. We will not be responsible for the acts or omissions of any third party, nor will we be responsible for any damage or loss suffered or caused as a result of your use of any third-party website.
Please note that nothing in these Terms (and nothing related or connected in any other manner with any Token) amounts to legal, financial or technical advice, a solicitation or invitation to
invest, or an offer or invitation in respect of shares or securities in any jurisdiction. We are not authorized or regulated by United States or other Securities Laws.
(c) Token platform. The Tokens are built on the WAX blockchain using smart contracts. You will need a compatible digital wallet in order to buy, Own and sell Tokens (if you do not already have a suitable wallet, you can create one as described on our website and herein).
(d) Utility Nature. Our Tokens are not a governance token. They are for utility or game play within the Player’s Hub and Novopangea platform. As stated herein, no purchase or Ownership of any Token grants you or any third party any right, title or interest (whether dividend, distribution, benefit, control, ownership or otherwise) in or to us, our business or our website. These Tokens are NOT securities and should not be considered a store of value except to the extent that they are of value to the holder as components of game play within the Player’s Hub and Novopangea platform.
Except as otherwise expressly set forth herein, the purchase of Tokens: (a) does not provide Purchaser with rights of any form with respect to the Company or its revenues or assets, including, without limitation, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property) or other financial or legal rights; (b) is not a loan to Company; and (c) does not provide Purchaser with any ownership, equity, or other interest in the Company. The function of the Token is related strictly to facilitation of game play with the Player’s Hub.
(e) Purchasing Procedures. The Company has provided specific procedures on how individuals seeking to purchase NOVO Tokens for use within the Novo Platform may seek to purchase Tokens through the Purchasing Site. By purchasing Tokens, the purchaser acknowledges, agrees to, and has no objection to such procedures and specifications. Any purchaser further acknowledges and agrees that failure to properly use the Purchasing Site and follow such procedures, including the submission of all required documentation.
(f) Price of Tokens. The price of tokens is set by Company at the time of issuance. Company reserves the right to change, modify or increase the price of any Token sold or issued by Company at any time before we first sell it. You are responsible for monitoring any changes in price which are made before purchase of a Token. You are also responsible for all gas fees, other transaction fees and taxes associated with your purchase, Ownership and sale of a Token and you must make sure you have sufficient funds in your digital wallet.
(g) Tax Compliance You are responsible for calculating and paying any taxes applicable to your purchase, Ownership and sale of a Token and for communicating and cooperating with all appropriate tax authorities. Where we are required to collect, withhold or remit any applicable taxes, you will pay us as a debt on demand all costs incurred by us (including all taxes, penalties and interest) levied by any competent tax authority including where this is due to your failure to pay any such taxes, penalties or interest.
(h) Limitations on Purchase of Tokens. You must not purchase, Own or sell Tokens for any of the following purposes, and you must not do (or permit any third party to do) any of the following at any time in connection with Tokens:
· engaging in speculative investment;
· conducting or engaging in illegal activity, or hiding or disguising the proceeds of illegal activity;
· engaging in deceptive, fraudulent or malicious activity (including distributing malware or seeking to access any digital wallet other than your own or steal Tokens from us or any third party);
· modifying or altering an Image in any way or incorporating it into any new token;
· wrapping a Token or any associated smart contract for resale on a different blockchain, or otherwise attempting to circumvent or avoid the original secondary sale royalties associated with a Token;
· reverse-engineering, decompiling, disabling, or disassembling Tokens or our website;
· using the Image to advertise, market, or sell any third party product or service;
· commercializing the Image in any way or otherwise using the Image except as expressly permitted in these Terms;
· infringing our intellectual property rights or the intellectual property rights of any third party;
· claiming intellectual property rights in or to the Image (including applying to register the Image as a trade mark);
· using the Image in any way that might reasonably be deemed to jeopardize our reputation, standing or goodwill, or the rights of third parties;
· breaching these Terms in any manner.
(i) Limitation of Liability. Nothing shall cause the Company to be, and the Company shall not be, responsible or liable for any losses resulting directly or indirectly from: (i) any act or omission of a holder of Tokens or agent of a holder of Tokens or any error, negligence, or misconduct of a holder of Tokens; (ii) failure of transmission or communication facilities; (iii) any other cause or causes beyond the Company’s control, including, without limitation, for reasons such as acts of God, fire, flood, strikes, work stoppages, acts of terrorism, governmental or regulatory action, delays of suppliers or subcontractors, war or civil disturbance, self-regulatory organization actions, telecommunication line or computer hardware failures and any other telecommunication failures; (iv) the Company’s reliance on any instructions, notices, or communications that it believes to be from an individual authorized to act on behalf of a holder of Tokens, and each holder of Tokens hereby waives any and all defenses that any such individual was not authorized to act on behalf of such holder; (v) government restrictions; exchange, regulatory, or market rulings; suspension of trading; military operations; terrorist activity; strikes, or any other condition beyond the Company’s control, including without limitation extreme market volatility or trading volume; or (vi) any action taken by Company to comply with applicable laws or the terms of the Tokens. The Company is not responsible, and shall have no liability, for any destroyed, lost and stolen Tokens.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAWS AND RULES, NONE OF THE TERMS OF THE TOKENS SHALL CAUSE THE COMPANY TO BE, AND THE COMPANY, ITS AFFILIATES, AND ITS CONTROLLING PERSONS, SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS WILL NOT BE, RESPONSIBLE FOR ANY LOSS IN UTILITY OR VALUE OF TOKENS. IN NO EVENT SHALL THE COMPANY, ITS AFFILIATES, CONTROLLING PERSONS, SHAREHOLDERS, DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS BE LIABLE TO A HOLDER OF TOKENS OR ANY THIRD PARTY FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR DAMAGES OF ANY KIND FOR LOST VALUE, INCLUDING TRADING LOSSES, EVEN IF ADVISED OF THE POSSIBILITY OF ANY SUCH DAMAGES AND REGARDLESS OF WHETHER SUCH LIABILITY IS ASSERTED ON THE BASIS OF CONTRACT, TORT OR OTHERWISE. FOR THE AVOIDANCE OF DOUBT, THIS PROVISION DOES NOT ACT AS A WAIVER OF ANY RIGHTS OF A PURCHASER UNDER THE FEDERAL SECURITIES LAWS, INCLUDING ANY RIGHTS UNDER THE SECURITIES ACT OF 1933, TO THE EXTENT SUCH A WAIVER IS AGAINST PUBLIC POLICY AS EXPRESSED IN THE ACT OR IS OTHERWISE UNENFORCEABLE.
EXCEPT AS EXPRESS SET FORTH HERIN, THE COMPANY AND ITS AFFILIATES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO RIGHTS OF TOKENS, INCLUDING THE COMPANY’S WEBSITE, OR THE RESULTS TO BE ACHIEVED BY THE USE THEREOF. THE COMPANY AND ITS AFFILIATES DISCLAIM ALL EXPRESS, IMPLIED AND STATUTORY WARRANTIES INCLUDING, WITHOUT LIMITATION, INCLUDING WARRANTIES OF QUALITY, PERFORMANCE, NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, NOR ARE THERE ANY WARRANTIES CREATED BY COURSE OF DEALING, COURSE OF PERFORMANCE OR TRADE USAGE. THE COMPANY AND AFFILIATES DO NOT GUARANTEE THE ACCURACY, QUALITY, SEQUENCE, TIMELINESS, RELIABILITY, PERFORMANCE, COMPLETENESS, CONTINUED AVAILABILITY, TITLE OR NON-INFRINGEMENT OF ANY DATA OR THIRD PARTY PROVIDER SERVICES USED IN RELATION TO THE TOKENS AND EACH DISCLAIMS ANY EXPRESS OR IMPLIED WARRANTIES. THE SERVICES TO BE PROVIDED BY THE COMPANY IN CONNECTION WITH THE TOKENS (INCLUDING THE WEBSITE) ARE PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAWS AND RULES
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