Legal aspects of ICO
ZNGL tokens are issued on the Ethereum platform on the base of ERC20. The team intends to use tokens to provide P2P-interaction within the platform between its participants (owners of real estate and lessees).
ZNGL does not give token holders an ownership right or share in the business of the team, does not give the right to advisory participation in the business processes and activities of the project, management, and does not provide any other direct or indirect rights, except for the opportunity to receive rewards described and stipulated by conditions of this White Paper.
ZNGL tokens do not possess the features of a security, are not securities and cannot be considered as them.
Tokens were not registered and will not be registered under the United States Securities Act of 1933 as amended (the "Securities Act") and may not be offered or sold in the US or in the interests of US residents (as defined in Regulation S in accordance with the Securities Act), unless they are properly registered or subject to registration requirements under the Securities Act.
Tokens are not offered to residents or citizens of the US.
The cost of the tokens are not refundable. Potential holders of tokens should make an informed decision to acquire tokens, independently assess and independently bear all the risks associated with this decision. The dates specified in this White Paper are exemplary, there is no guarantee that the project will be put into operation within a certain period of time.
However, the ZANGLL team will make every effort to launch our project as soon as possible.
We wish to become an international player in the real estate rental market, so we will conduct KYC, Anti-Money Laundering if required in accordance with current legislation, and other procedures.
We will carefully inspect the legal aspects of our activities in all markets (in all countries) in which our project will be implemented.
Data protection
In some cases, performing an operation with tokens within the ICO and further activity of the Project may require from the user to provide data that may be personal. The team guarantees protection of all data received from users by any means in accordance with the Terms of Use.
By participating in the ICO, as well as in the cases prescribed by law, users agree not to hold ZANGLL and the Project Team liable for any losses arising from or in connection with failure of the users to properly store and keep their e-mail addresses, any passwords and keys used in connection with ICO and holding and using ZNGL tokens.
Disclaimer
→ The project team does not provide any investment advice or recommendations for making investment decisions. All decisions about their activity at the ICO users make independently, based on information available from public sources.
→ The user takes sole responsibility regarding any decisions he makes that have signs of investment activity. The team, team members, agents or team representatives are not responsible for the actions of the ZNGL token holders.
→ Each potential user or holder of ZNGL tokens is required to determine whether he can legally participate in the ICO, receive and own tokens in the user's jurisdiction. ZNGL and the Project Team under no circumstances will bear the responsibility if the user or the ZNGL token holder fails to fulfil this condition.
→ Participation in the ICO, purchase, receipt and use of tokens may involve a financial risk. Users or holders of ZNGL tokens agree that they participate in the ICO, receive and own tokens at their own risk, and that the tokens are provided "as is" without warranty of any kind, direct or indirect, including but not limited to title guarantees or implied warranties, commercial use or fitness for a particular purpose (except where prohibited under applicable law).
→ Users or holders of ZNGL tokens acknowledge and agree that under no circumstances ZANGLL nor any of the Project Team is liable for any losses incurred by users or holders of ZNGL tokens in any way in connection with participation in the ICO, receipt and possession of tokens, and ZANGLL, as well as the Project Team, are hereby released by users or holders of ZNGL tokens from liability for any and all possible losses.
→ The team is not responsible for technical failures related to smart contracts or other technical failures caused by third parties, including those resulting in loss of funds. The team guarantees the uninterrupted control of technical aspects of the project and the fastest elimination of any technical failures.
→ ZANGLL is not liable for any claims that the tax authorities of your country of residence may have against you due to the purchase, possession and use of the ZANGLL token. Representations and warranties
→ Using the platform and participating in the ICO, users or holders of ZNGL tokens represent and warrant that they:
a) have legal capacity to participate in ICO, purchase or hold tokens in relevant jurisdiction;
b) are eligible by age to participate in ICO, purchase or hold tokens;
c) do not participate in the ICO with any unlawful purpose;
d) have a notion about the use and the complexities of crypto-currencies, cryptographic tokens and blockchain systems.
→ Using the platform and participating in the ICO, users or holders of ZNGL tokens confirm and concur that:
a) they take sole responsibility for any restrictions and risks associated with participation in ICO, receiving and holding of tokens, whether or not they are mentioned in this White Paper or arise in accordance with any applicable law or otherwise;
b) they waive the right to participate in legal actions of any kind or in arbitration proceedings of any kind against ZANGLL or the Project Team;
c) the expected results reported in the White Paper may not be achieved;
d) tokens may not bring in the expected revenue;
e) participation in the ICO, receiving and holding tokens does not confer any decision authority, including but not limited to the decisions regarding the development, management, exercise of authority, conduction of activities in the ZNGL;
f) they will not hack or disturb the work, disconnect, overload or otherwise interfere with the operation of the platform or the security of the platform, nor will they obtain or attempt to access information or data that they do not have access to or to which access is denied;
g) they will provide any additional information and data on the request of ZNGL;
h) any information or data placed or permitted to be placed or sent to the platform must be non-confidential or non-proprietary, except as otherwise expressly stated, and shall not cause harm, be illegal in accordance with any applicable law, and they are responsible for any such information or data.
→ Using the platform and participating in the ICO, users or holders of ZNGL tokens confirm and concur that:
a) they are not residents of the United States of America or its territories, of any state of the United States of America or the District of Columbia of the United States of America;
b) they are not a corporation, partnership or other legal entity established in accordance with the US law;
c) they are not an agency, branch or representative office located in the United States of a corporation, partnership or any other legal entity established in accordance with US law;
d) they are not a trust organization, the manager of which is described in paragraphs (a), (b) or (c) above;
e) they are not a legal entity (i) whose shares are not traded publicly on a stock exchange, and (ii) more than 45% of the shares of which belong or are held in favour of the individual or entity described in (a), (b), (c) or (d) above;
f) they are not an agent acting on behalf of or in the interest of the individual or entity described in paragraphs (a), (b), (c), (d), (e) above.
→ The decision of users or holders of ZNGL tokens on using the platform and participating in ICO:
a) was not based, at least in part, on the information they received or the messages they exchanged when they, or the person providing the information or with whom the messages were exchanged, were within the United States;
b) was not made within the territory of the United States;
c) was not communicated to ZANGLL or the Project Team by a source in the United States.
→ Acquisition and holding of ZNGL tokens by users:
a) is carried out at their own expense and to their own account;
b) does not precede and will not be followed by any attempts to create or determine market conditions for ZNGL tokens in the US;
c) is not carried out with the intention of further distribution of ZNGL tokens.