Terms and Conditions
1. Principles
By transferring Ether (“ETH”) to the Smart Contract System and distributing Wealthman Tokens (“AWM”), the User understands and accepts that the User makes a contribution into a Smart Contract System for the development of the Wealthman value-creating tools (“Contribution”), further described in the Wealthman Whitepaper. For the Whitepaper and/or further information on Wealthman, visit: https://wealthman.io. The information contained in the Whitepaper and on the website, are of descriptive nature only, are not binding and do – unless explicitly referred to herein – not form part of the Terms as set forth below.

The User understands and accepts that while the individuals and entities, including Mera-Capital Wealth Management (from here on in referred as Wealthman LLC), assigned to this task will make reasonable efforts to develop and complete the Wealthman service, it is possible that such development may fail and User’s AWM become useless and/or valueless due to technical, commercial, regulatory or any other reasons (see also section 5 regarding Risks).

The User is also aware of the risk that even if all or parts of the Wealthman service are successfully developed and released in full or in parts, due to a lack of public interest, the Wealthman service could be fully or partially abandoned, remain commercially unsuccessful or shut down for lack of interest, regulatory or other reasons. The User therefore understands and accepts that the transfer of ETH to the Smart Contract System and the distribution of AWM by the Smart Contract System carry significant financial, regulatory and/or reputational risks (including the complete loss of value of created AWM if any, and attributed features of the Wealthman service).

By transferring ETH to the Smart Contract System, the User expressly agrees to all of the terms and conditions set forth in Smart Contract System Code existing on the Ethereum blockchain and in this document (together the “Terms”), which is incorporated by reference herein. This document does not constitute a prospectus of any sort, is not a solicitation for investment and does not pertain in any way to an initial public offering or a share/equity offering and does not pertain in any way to an offering of securities in any jurisdiction. It is a description of the functionality of a Smart Contract System.

By transferring ETH to the Smart Contract System and receiving AWM, no form of partnership, joint venture or any similar relationship between the Users and Wealthman LLC and/or other individuals or entities involved with the deployment of the Smart Contract System and the setting up of the Wealthman service is created.

The Contribution into the Smart Contract System will not involve any fiat currencies and will strictly be done in cryptocurrencies (ETH).

2. AWM Creation Function
2.1 Usage License; No Ownership, Revenue or Governance Rights
Usage License: Ownership of AWM carries no rights express or implied other than a limited right (license) to participate in a profit of the Wealthman service (“Wealthman”), if and to the extent the Wealthman service has been successfully completed and launched.

No Ownership, Revenue or Governance Rights: In particular, User understands and accepts that AWM do not represent or constitute any ownership right or stake, share or security or equivalent rights nor any right to receive future revenues, shares or any other form of participation or governance right in or relating to the Wealthman service or the Wealthman LLC.

2.2 Contribution
Contribution Cap: The total amount of Contributions will be hard-capped to 2 000 ETH. Contributions (pending or transacted) exceeding the respective maximum number of tokens (from here on in referred as Hard Cap), will not be accepted as Contributions (in total, not just the exceeding part). Once the Hard Cap has been reached, the Contribution Period ends.

Token Pool: At the end of the Private Investment Period, an amount of max. 4 500 000 AWM is planned to be distributed by the Smart Contract System, all of equal value and functionality.

Smart Contract System addresses: 0x173fc908b21b861facf54c65c10002b1e2f9c323 - for public contribution of Eth, 0x39CAf6150Dfda83802cdBe69Dfa8293827dbFaf1 - for private contribution of other than Eth publicly traded cryptocurrency.

Creation Rate: The Smart Contract System will allocate 2 250 AWM for every Contribution of 1 ETH.

Minimum Purchase Requirements: Minimum Purchase range is not specified but we recommend you to purchase 4 500 000 AWM at once, just for 2 000 ETH.

Contribution Period: The Contribution Period starts on August 17th 2017 (9:00 p.m. GMT) and ends on March 30th 2018 (9:00 p.m. GMT) or when the Hard Cap is reached — whichever is earlier.

Creation and Allocation of AWM: The creation and allocation of AWM is initiated by the User sending an amount of ETH to the Smart Contract System, located on the Ethereum blockchain at the address set forth, which triggers a smart contract operation. After the confirmation of the transaction, the Smart Contract System creates and allocates the corresponding AWM to the User’s wallet address, from where the ETH was sent from. User must assure to make his contribution using an ETH address to which they hold the according private key (e.g. not an address of a currency exchange or wallets that doesn’t support Wealthman tokens yet). Issuance of AWM (meaning that respective entries of the Public Key (PUK) of User) are made by the Smart Contract System on the blockchain according to the allocation information in the Smart Contract System.

Refund: The User understands and accepts that all Contributions for AWM are final and may not be reversed, except in case Contributions have surpassed the Hard Cap or in case Contributions do not exceed the Soft Cap. User therefore shall assure to make his Contribution using an ETH address to which they hold the according private key. Contributions will be refunded in case the total amount of private placement contributions will be less than the Soft Cap set at 660 ETH.

Assure to use the original Smart Contracts: Only the Smart Contract(s) existing at the address set forth will issue AWM during the Contribution Period. User shall examine Smart Contract program code at https://github.com/wealthman/PresaleToken. To the extent that any third-party website, service or smart-contract offers AWM during the Contribution Period and/or facilitates the allocation or transfer of AWM in any way during the Contribution Period, such third-party websites or services are not authorized by Wealthman LLC and have no relationship in any way with Wealthman LLC.

Early Termination of the Contribution Period: During the Contribution Period, Wealthman LLC may at any time stop the contribution function at its own discretion and thereby end the Contribution procedure, in particular for security reasons.

2.3 AWM Functionality
AWM are only for use in connection with the Wealthman service under the terms of the Smart Contract System and only constitute a transferable representation of attributed functions specified in the Smart Contract System.

AWM represents the right to participate in a profit of Wealthman. 60 % of platform’s income goes to Buying back tokens and then burning them.

User understands and accepts that subject to a decision of the AWM holders based on a governance mechanism, an inflation mechanism (e.g. for staking rewards etc.) may be implemented in the future.

Ownership of AWM carries no rights express or implied other than the right to use AWM as a mean to participate in a profit of Wealthman service, if successfully completed and deployed. Beyond this, ownership of AWM carries no rights express or implied. In particular, User understands and accepts that he has no right to claim as holder of AWM any intellectual property rights, equity or equivalent rights or any other form of participation in or relating to the Wealthman service, Wealthman service and/or Wealthman LLC.

2.4 Representation and Warranties of User
By transferring ETH to the Smart Contract System and creating AWM, the User represents and warrants that:

the User is not a citizen or resident of a country, whose legislation conflicts with the present allocation of AWM and/or the Wealthman service in general;

the User has a deep understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, like bitcoin (BTC) and Ether (ETH), and blockchain-based software systems;

the User understands and accepts that there is no warranty or assurance that the network of miners will allocate the AWM to the Users as proposed by these Terms. The User understands and accepts that the consensus mechanism securing the Ethereum Network may change in the future, and the stakeholders who are in control of the Network may also change as a result.

the User has carefully reviewed the code of the Smart Contract System located on the Ethereum blockchain and fully understands and accepts the functions implemented therein;

the User is legally permitted to transfer ETH to the Smart Contract System, create and obtain AWM in the User’s jurisdiction;

User will contribute ETH from a wallet respectively within a wallet or wallet service provider that technically supports the AWM. User understands and accepts, that failure to assure this may have the result that User will not gain access to his AWM;

User understands and accepts, that if he exceeds with his Contribution the Hard Cap as described within section 2.2., the total amount of his Contribution will not be accepted by the Smart Contract System.

User further understands and accepts, that in such case the Gas necessary for the transaction will be lost.

the User is legally permitted to receive software and contributing to the Smart Contract System for the development of the Wealthman service;

the User is of a sufficient age to legally create and obtain AWM;

the User will take sole responsibility for any restrictions and risks associated with the creation of AWM by the Smart Contract System as set forth below;

the User is not submitting ETH to the Smart Contract System to obtain AWM for the purpose of speculative investment;

the User is not obtaining or using AWM for any illegal purposes;

the User is purchasing the functionality of the AWM issued by the Smart Contract System primarily to support the development, testing, deployment and operation of the Wealthman service, being aware of the commercial risks associated with the Wealthman service;

the User waives the right to participate in a class action lawsuit or a class wide arbitration against Wealthman LLC or any individual involved with the creation of AWM;

the User understands the creation of AWM does not involve the purchase of shares or any equivalent in any existing or future public or private company, corporation or other entity in any jurisdiction;

the User understands that the transfer of ETH to the Smart Contract System, the creation of AWM and the development of the Wealthman service carries significant financial, regulatory and reputational risks as further set forth in the Terms;

the User understands and expressly accepts that there is no warranty whatsoever on AWM, the Smart Contract System and/or the success of the Wealthman service, expressed or implied, to the extent permitted by law, and that the Smart Contract System is used and AWM are created and obtained at the sole risk of the User on an “as is” and “under development” basis and without, to the extent permitted by law, any warranties of any kind, including, but not limited to, warranties of title or implied warranties, merchantability or fitness for a particular purpose;

the User understands that the User has no right against any other party to request any refund of the ETH submitted to the Smart Contract System for the creation of the AWM under any circumstance;

the User understands with regard to AWM no market liquidity may be guaranteed and that the value of AWM over time may experience extreme volatility or depreciate in full;

the User understands that the User bears the sole responsibility to determine if the User’s contribution to the Smart Contract System for the development of the Wealthman service, the transfer of ETH to the Smart Contract System, the creation, ownership or use of AWM, the potential appreciation or depreciation in the value of AWM over time (if any), the allocation of AWM and/or any other action or transaction related to the Wealthman service have tax implications for him; by creating, holding or using AWM, and to the extent permitted by law, the User agrees not to hold any third party (including developers, auditors, contractors or founders) liable for any tax liability associated with or arising from the creation, ownership or use of AWM or any other action or transaction related to the Wealthman service.

As part of the contribution process the User will use own account (address) on the Ethereum network, with a private key associated to this address and password. The password is used to encrypt the User’s private key. Following the creation of AWM by the Smart Contract System, the AWM will be transferred to the User’s address by the Smart Contract System. The User understands that the User must keep his password and private key safe and that the User may not share them with anybody. The User further understands that if his private key and/or password is lost or stolen, the User will not be able to generate a new password or recover his private key, and if the User also loses his private keys and password, the AWM associated with the User’s account (address) will be unrecoverable and will be permanently lost. Furthermore, the User understands that there is no recovery mechanism for lost keys and passwords, so no one will be able to help the User retrieve or reconstruct a lost password and private keys and provide the User with access to any lost AWM.

3. Wealthman service Development
The User understands and accepts that the development and execution of the Wealthman service will be assigned to a third-party contractor, Wealthman LLC, by releasing the amount of contributed ETH by the Smart Contract System to the wallet of Wealthman LLC. Wealthman LLC has the right to engage subcontractors to perform the entire or partial development and execution of the Wealthman service. The scope of the development work will be triggered by the amount of Contributions received during the Contribution Period. Wealthman LLC shall further have the right to assign the Wealthman service including the Contributions received for its development to a third party.

The User understands and accepts that for the purpose of the development and execution of the Wealthman service, Wealthman LLC receives the full amount of ETH transferred to the Smart Contract System during the Contribution Period. This amount covers expenses, charges and other costs that may arise by Wealthman LLC and/or its subcontractors as part of the development and execution of the Wealthman service. Wealthman LLC has the right to support and/or acquire other companies for the benefit of successfully developing the Wealthman service. It remains at Wealthman LLC’s sole discretion to decide how to allocate the funds in order to develop and execute the Wealthman service.

The User understands and accepts that the User may not have any expectation of influence over governance on the Wealthman service.

The User understands and accepts that the Wealthman service will need to go through substantial development works as part of which it may become subject of significant conceptual, technical and commercial changes before release. User understands and accepts that as part of the development, an upgrade of the AWM may be required (hard-fork of AWM) and that, if User decides not to participate in such upgrade, he may no longer use his AWM and that non-upgraded AWM may lose their functionality in full.

4. Audit of the Smart Contract System
The Smart Contract System has been, on a reasonable effort basis, audited and approved by technical experts. The technical experts have confirmed that the Smart Contract System has, with regard to both accuracy and security, been programmed according to the current state of the art.

However, the User understands and accepts that smart contract technology is still in an early development stage and its application of experimental nature which carries significant operational, technological, financial, regulatory and reputational risks. Accordingly, while the audit conducted raises the level of security and accuracy, the User understands and accepts that the audit does not amount to any form of warranty, including direct or indirect warranties that the Smart Contract System and the AWM are fit for a particular purpose or do not contain any weaknesses, vulnerabilities or bugs which could cause, inter alia, the complete loss of ETH and/or AWM.

5. Risks
The User understands and accepts the risks in connection with transferring ETH to the Smart Contract System and creating AWM as exemplary set forth above and hereinafter. In particular, but not concluding, the User understands the inherent risks listed hereinafter:

Risk of software weaknesses: The User understands and accepts that the Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum blockchain) is still in an early development stage and unproven, why there is no warranty that the process for creating AWM will be uninterrupted or error-free and why there is an inherent risk that the software could contain weaknesses, vulnerabilities or bugs causing, inter alia, the complete loss of ETH and/or AWM.

Regulatory risk: The User understands and accepts that the blockchain technology allows new forms of interaction and that it is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing, blockchain technology based applications, which may be contrary to the current setup of the Smart Contract System and which may, inter alia, result in substantial modifications of the Smart Contract System and/or the Wealthman service, including its termination and the loss of AWM for the User.

Risk of abandonment / lack of success: The User understands and accepts that the creation of the AWM and the development of the Wealthman service may be abandoned for a number of reasons, including lack of interest from the public, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects). The User therefore understands that there is no assurance that, even if the Wealthman service is partially or fully developed and launched, the User will receive any benefits through the AWM held by him.

Risk associated with other applications: The User understands and accepts that the Wealthman service may give rise to other, alternative projects, promoted by unaffiliated third parties, under which AWM will have no intrinsic value.

Risk of loss of private key: AWM can only be accessed by using an Ethereum wallet with a combination of User’s account information (address), private key and password. The private key is encrypted with a password. The User understands and accepts that if his private key file or password respectively got lost or stolen, the obtained AWM associated with the User’s account (address) or password will be unrecoverable and will be permanently lost.

Risk of theft: The User understands and accepts that the Smart Contract System concept, the underlying software application and software platform (i.e. the Ethereum blockchain) may be exposed to attacks by hackers or other individuals that could result in theft or loss of AWM and/or ETH, impacting the ability to develop the Wealthman service.

Risk of Ethereum mining attacks: The User understands and accepts that, as with other cryptocurrencies, the blockchain used for the Smart Contract System is susceptible to mining attacks, including but not limited to double-spend attacks, majority mining power attacks, “selfish-mining” attacks, and race condition attacks. Any successful attacks present a risk to the Smart Contract System, expected proper execution and sequencing of AWM transactions, and expected proper execution and sequencing of contract computations.

Risk of governance attacks and failure: The Contributor understands and accepts that the Wealthman service may use an in-built decentralized governance system (“Governance System”). For these reasons, it is possible that the Governance System adopts proposals that have an adverse effect on the useful functioning of the Wealthman service and/or the value of AWM. If the Governance System is attacked, or becomes controlled either directly or indirectly by some party who makes unwise decisions, or the community generally makes unwise decisions, the value of AWM held by a Contributor might be greatly reduced or even permanently lost.

Risk of incompatible Wallet service: The User understands and accepts, that the wallet or wallet service provider used for the contribution, has to be technically compatible with the AWM. The failure to assure this may have the result that User will not gain access to his AWM.

6. Taxation
The User bears the sole responsibility to determine if his contribution into the Smart Contract System for the development of the Wealthman service, the transfer of ETH, the creation, ownership or use of AWM, the potential appreciation or depreciation in the value of AWM over time (if any), the allocation of AWM and/or any other action or transaction related to the Wealthman service have tax implications for him.

By creating, holding or using AWM, and to the extent permitted by law, the User agrees not to hold any third party (including developers, auditors, contractors or founders) liable for any tax liability associated with or arising from the creation, ownership or use of AWM or any other action or transaction related to the Wealthman service.

7. No Liability
The User acknowledges and agrees that, to the fullest extent permitted by any applicable law, the User will not hold any developers, auditors, contractors or founders of the AWM, the Smart Contract System and/or Wealthman LLC liable for any and all damages or injury whatsoever caused by or related to the use of, or the inability to use, AWM or the Smart Contract System under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that developers, auditors contractors or founders of the Smart Contract System, the AWM and/or the Wealthman service shall not be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data, in any way whatsoever arising out of the use of, or the inability to use of the Smart Contract System, the Wealthman service and/or AWM.

The User further specifically acknowledges that developers, auditors, contractors or founders of the AWM, Smart Contract System and/or the Wealthman service are not liable, and the User agrees not to seek to hold them liable, for the conduct of third parties, including other creators of AWM, and that the risk of creating, holding and using AWM rests entirely with the User.

By creating, holding or using AWM, and to the extent permitted by law, the User agrees not to hold any third party (including developers, auditors, contractors or founders) liable for any regulatory implications or liability associated with or arising from the creation, ownership or use of AWM or any other action or transaction related to the Wealthman service.

8. Miscellaneous
The User agrees that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

The Terms govern the creation, ownership and use of AWM and supersede any public statements about the launch of AWM and/or the Smart Contract System made by anyone in the past, present and future.

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