Terms and Conditions for Damage Token Sales
Effective Date: July 29, 2024
1. Introduction
Welcome to Damage Token’s sales terms and conditions. These terms govern the purchase of
Damage Tokens (“Tokens”) from DamageBDD (“Company”) via Lightning payments.
By purchasing Tokens, you agree to these terms. Please read them carefully.
2. Definitions
- "Damage Token" refers to the digital asset issued by DamageBDD as outlined in the DamageBDD whitepaper.
- "Lightning Payments" refers to transactions conducted through the Bitcoin Lightning Network.
- "Purchaser" refers to an individual or entity buying Tokens from DamageBDD.
3. Token Sales
- Sale Period: The Token sales commence on July 2024 and continue until the allocated Tokens are sold out.
- Purchase Method: Tokens can be purchased using Lightning Payments through the provided payment gateway.
- Minimum Purchase: The minimum amount of Tokens that can be purchased is 1000.
4. Pricing
- Token Price: The Token price will match the current market price of DAMAGE as listed on Coinstore.
This ensures fair and transparent pricing based on live exchange rates.
- Payment Confirmation: Payments must be confirmed through the Bitcoin Lightning Network.
The Company reserves the right to cancel or reverse transactions in the event of payment issues or disputes.
5. Token Distribution
- Distribution Schedule: Tokens will be distributed to Purchasers' wallets upon successful confirmation of payment. Please allow a few minutes for processing.
- Wallet Requirement: Purchasers must provide a compatible Lightning Network wallet address for Token delivery.
6. Refunds and Cancellations
- Refund Policy: All sales are final. Tokens purchased via Lightning payments are non-refundable and non-cancellable.
- Exception: Refunds may be granted if the Company fails to deliver Tokens due to technical issues or other reasons within 48 hours.
7. Risk Disclosure
- Investment Risks: Purchasing Tokens involves risks, including but not limited to market risk, technological risk, and regulatory risk. The value of Tokens may fluctuate.
- No Guarantees: The Company makes no guarantees regarding the future value or performance of the Tokens.
8. Compliance and Legalities
- Legal Compliance: Purchasers must comply with all applicable laws and regulations related to Token purchases in their jurisdiction.
- Eligibility: By purchasing Tokens, Purchasers confirm they are not prohibited by any local, state, or national laws.
9. Intellectual Property
DamageBDD retains all intellectual property rights related to Damage Token and the DamageBDD platform.
10. Liability and Disclaimers
- Limitation of Liability: The Company shall not be liable for any direct, indirect, incidental, or consequential damages arising from the purchase or use of Tokens.
- Disclaimer: The Company disclaims all warranties, express or implied, related to the Token sales process.
11. Changes to Terms
The Company reserves the right to modify these terms at any time.
Changes will be effective upon posting on the DamageBDD website.
12. Contact Information
For any questions or concerns regarding these terms, please contact us through
our social channels.