By accessing The Coop Network website (thecoopnetwork.io), you are agreeing to be bound by the website’s Terms and Conditions and agree that you are responsible for compliance with any and all applicable local laws. You agree and represent that you have read and understood all of the provisions set forth herein and that you entirely agree to them. If you do not agree with any of these terms, you are prohibited from using or accessing this website. You must not use this website if you disagree with our Terms and Conditions and our Privacy Policy.
Geoma DAO Coop is a Cooperative registered in the EU under the following EUID : C32/4/2020 and is subject to LAW nr. 1/2005 regarding the organization and functioning of co-operations. The Coop Network is the blockchain project that allows the Cooperative to be securely, effectively and transparently managed on the blockchain, while transcending physical and geographical boundaries.
The „Token Sale Terms & Conditions” is hereby concluded between Geoma DAO Coop, organized under the Laws of Romania, having its headquarters in Sibiu, Str. Badea Cartan 12 , Romania, (hereinafter “Coop”, “us”, “we”), and any person or entity that fulfills the criteria set out in these T&Cs and that accepts the terms provided herein (hereinafter “Participant”, “Token Holder”, “you”). Parties to the T&Cs are herein referred to individually as a “Party” and collectively as the “Parties”.
The Participant provides payments to the Geoma Dao Coop in connection with the Token Sale (“Token Sale”) of cryptographic tokens existent on the blockchain that can enable usage of and interactions with certain services (“Services”) to be implemented by The Geoma Dao Coop on the website after having closed the Token Sale. The cryptographic tokens are hereinafter referred to as “COOP-s” as a Security Token or GMD as a “Utility Token”. To avoid any doubt, this document does not represent an offering of any kind, or any other contractual form of capital investment product, and is not a solicitation for investment.
People under 16 years old are not allowed to use our website.
We do not provide legal or financial advice or recommendations to buy or sell any utility or security, product, service or investment. The information provided on this site or in any communication containing a link to this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Geoma Dao Coop or its affiliates to any registration requirement within such jurisdiction or country. Geoma Dao Coop makes no guarantee or promise as to any results that may be obtained from using The Coop Network. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Getting involved in cryptocurrency and blockchain projects can be risky. To the maximum extent permitted by applicable law, nothing in this document will:
(a) are subject to the preceding paragraph;
(b) will govern all liabilities arising under the disclaimer or in relation to the subject matter of this disclaimer.
The information presented on or through the website is made available solely for general purposes. Any reliance you place on such information is strictly at your own risk.
The Coop Network website may link to other crypto and blockchain projects. Some of the sites we may link to are undoing (or have undergone) IFOs (Token Sales) etc. It is the responsibility of those third-party sites to ensure they meet any regulations imposed on them based on the product, service or token they are offering the public. Geoma DAO Coop has no control over these products or tokens.
If the Website contains links to other sites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them.
If you decide to access any of the third-party websites linked to this Website, you do so entirely at your own risk and subject to the terms and conditions of use for such websites. We reserve the right to withdraw linking permission without notice.
Geoma DAO Coop owns all the intellectual property rights and materials contained in this website. You are granted a limited license only for purposes of viewing the material contained on this website and participate in our Token Sale.
You are specifically restricted from all of the following:
Any user ID and password you may have for this website are confidential and you must maintain confidentiality as well.
This website is provided “as is,” with all foreseeable faults, and Coop expresses no representations or warranties, of any kind, related to this website or the materials contained on this website. Also, nothing contained on this website shall be interpreted as advice.
In no event shall the Coop, nor any of its officers, directors and employees, be held liable for anything arising out of or in any way connected with your use of this website whether such liability is under contract.
Geoma DAO Coop, including its officers, directors and employees shall not be held liable for any indirect, consequential or special liability arising out of or in any way related to your use of this website.
You hereby indemnify Geoma DAO Coop, to the fullest extent, from and against any and/or all liabilities, costs, demands, causes of action, damages and expenses arising in any way related to your breach of any of the provisions of these Terms.
If any provision of these Terms is found to be invalid under any applicable law, such provisions shall be deleted without affecting the remaining provisions herein.
Geoma DAO Coop is permitted to revise these Terms at any time as it sees fit and by using this website you are expected to review these Terms on a regular basis. We may update the content on this website from time to time, yet its content is not necessarily complete or up-to-date.
If you have found content on our site that you feel is potentially harmful to other site visitors (eg. SCAMS, hateful comments etc) please contact us immediately and we will investigate all claims. If you are a seller or advertiser on our website and your listing or other content has been reported to us we reserve the right to remove all content associated with your project without notice and without a refund.
Please note that we deal with violation reports on a case-by-case basis.
Geoma Dao Coop is allowed to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification. However, you are not allowed to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.
Geoma Dao Coop is the administrator. To contact the administrator please send an email to contact@thecoopnetwork.io.
Geoma Dao Coop shall process the personal data, including biometric data, of a purchaser for the purpose of transferring COOP-s to the purchaser including performance of know-your-customer and other anti-money-laundering procedures in respect of the purchaser. The basis for said processing are articles 6(1)(a), 6(1)(b), and 9(2)(a), and recital 51 of the General Data Protection Regulation.
Geoma Dao Coop requires explicit consent, including biometric data, for the performance of KYC/AML procedures. The personal data provided by the purchaser as part of the purchase of Coop under these Terms shall be provided only to the seller, KYC/AML 3rd party company, wallet company, Token Sale hosting site company, and bank as applicable as well as to providers of servers and network-services. Geoma Dao Coop shall store the personal data provided by the purchaser as part of the purchase of Coop under these Terms for a period of 5 years.
Failure to provide personal data requested when purchasing Coop pursuant to these Terms will result in the seller’s inability to transfer Coop to the purchaser (even though performance of know-your-customer and other anti-money-laundering procedures in respect of the purchaser might not be requested by law, market practice requires it (among other things, financial institutions are unwilling to transact with sellers of tokens who have not performed such procedures in respect of purchasers).
When purchasing GMD from us, you represent and warrant us that:
You have read and understand these T&Cs (including all eventual Annexes and Accompanying Documents);
You agree and acknowledge that GMD do not constitute securities in any form or any other form of capital investment product in any jurisdiction;
You agree and acknowledge that these T&Cs and any Accompanying Documents do not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or any other form of capital investment product in any jurisdiction or a solicitation for investment in securities and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment have to be accepted on the basis of these T&Cs and any Accompanying Documents;
You acknowledge and agree that there are risks associated with purchasing Tokens, owning Tokens, and using Tokens for the provision or receipt of Services including (but not necessarily limited to) the risks described in the Annex 1;
You have sufficient understanding of technical, financial and business matters (including those that relate to the Services and Ecosystem), cryptographic tokens, token storage mechanisms (such as token wallets), and blockchain technology to understand these T&Cs and any Accompanying Documents and to appreciate the risks and implications of purchasing Tokens;
You understand the restrictions and risks associated with the creation of Tokens as set forth herein and in the Accompanying Documents, and acknowledge and assume all such risks; You have obtained sufficient information about the Tokens, the Services and the Ecosystem to make an informed decision to purchase Tokens;
You understand that the Tokens confer only the right to provide and receive Services on the Ecosystem (and potentially contribute to the technical development of the Ecosystem), and confer no other rights of any form with respect to the Ecosystem or Coop, including, but not limited to, any ownership, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights, except as stated in these T&Cs;
You are purchasing GMD solely for the purpose of receiving Services, and supporting the development, testing, deployment and operation of the Ecosystem, being aware of the commercial risks associated with GMD and the Ecosystem. You are not purchasing Tokens for any other purposes, including, but not limited to, any investment, speculative or financial purpose;
Your purchase of Tokens complies with applicable laws and regulations in your jurisdiction, including, but not limited to, (i) legal capacity and any other threshold requirements in your jurisdiction for the purchase of the Tokens and entering into contracts with Coop, (ii) any foreign exchange or regulatory restrictions applicable to such purchase, and (iii) any governmental or other consents that may need to be obtained;
You will comply with any applicable tax obligations in your jurisdiction arising from your purchase of Tokens; If you are purchasing Tokens on behalf of any entity, you are authorized to accept these T&Cs on such entity’s behalf and that such entity will be responsible for breach of these T&Cs by you or any other employee or agent of such entity (references to “you” in these T&Cs refer to you and such entity, jointly);
To the fullest extent permitted by applicable law (i) in no event will Coop or any of the company parties be liable for any indirect, special, incidental, consequential, or exemplary damages of any kind (including, but not limited to, where related to loss of revenue, income or profits, loss of use or data, or damages for business interruption) arising out of or in any way related to the sale or use of GMD or otherwise related to these terms, regardless of the form of action, whether based in contract, tort (including, but not limited to, simple negligence, whether active, passive or imputed), or any other legal or equitable theory (even if the party has been advised of the possibility of such damages and regardless of whether such damages were foreseeable), and (ii) in no event will the aggregate liability of Coop and the company parties (jointly), whether in contract, warranty, tort (including negligence, whether active, passive or imputed), or other theory, arising out of or relating to these terms or the use of or inability to use GMD, exceed the amount you pay to us for GMD.
The limitations set forth in these terms, in particular, in the previous paragraph will not limit or exclude the liability for the gross negligence, fraud or intentional, wilful or reckless misconduct of the company or its representatives, nor the liability for damage from breaches of fundamental contractual obligation, injury to life, body or health by intention or negligence of the company or its representatives.
Geoma DAO Coop does not intend to constitute securities, financial instruments or any other form of capital investment product in any jurisdiction. These T&Cs and any Accompanying Documents do not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or any other form of capital investment product or a solicitation for investment in securities or any other form of capital investment product in any jurisdiction.
These T&Cs and any Accompanying Documents do not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the seller of GMD to purchase any GMD nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision.
No person is bound to enter into any contract or binding legal commitment in relation to the sale and purchase of GMD and no cryptocurrency or other form of GMD is to be accepted on the basis of these T&Cs. In the event of any inconsistencies between these T&Cs and the White paper or any other Accompanying Documents, the White paper shall prevail. No regulatory authority has examined or approved of any of the information set out in these T&Cs. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction.
The publication, distribution or dissemination of these T&Cs and any Accompanying Documents do not imply that the applicable laws, regulatory requirements or rules have been complied with. There are risks and uncertainties associated with Coop and its respective businesses and operations, the Coop, the Token Sale and the Services (each as referred to in these T&Cs and any Accompanying Documents).
These T&Cs and any Accompanying Documents, any part thereof and any copy thereof must not be taken or transmitted to any country where distribution or dissemination of these T&Cs and any Accompanying Documents is prohibited or restricted. No representations and warranties by Coop.
Geoma DAO Coop does not make or intend to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in these T&Cs and any Accompanying Documents.
All statements contained in these T&Cs and any Accompanying Documents, statements made in press releases or in any place accessible by the public and oral statements that may be made by Geoma DAO Coop or their respective directors, executive officers or employees acting on behalf of Coop (as the case may be), that are not statements of historical fact, constitute “forward-looking statements”.
Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding Geoma DAO Coop’s financial position, business strategies, plans and prospects and the future prospects of the industries in which the Coop activates, are forward-looking statements. These forward-looking statements, including but not limited to statements as to Coop’s revenue and profitability, prospects, future plans, other expected industry trends and other matters discussed in these T&Cs and any Accompanying Documents regarding Coop are matters that are not historical facts, but only predictions.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or achievements of Coop to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements.
These factors include, amongst others:
(a) changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which Coop conducts its businesses and operations;
(b) the risk that Coop may be unable or execute or implement its business strategies and future plans;
(c) changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;
(d) changes in the anticipated growth strategies and expected internal growth of Coop;
(e) changes in the availability and fees of Coop in connection with their respective businesses and operations;
(f) changes in the availability and salaries of employees who are required by Coop to operate its businesses and operations;
(g) changes in preferences of customers of Coop;
(h) changes in competitive conditions under which Coop operate, and the ability of Coop to compete under such conditions;
(i) changes in the future capital needs of Coop and the availability of financing and capital to fund such needs;
(j) war or acts of international or domestic terrorism;
(k) occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of Coop;
(l) other factors beyond the control of Coop; and
(m) any risk and uncertainties associated with Coop and its businesses and operations, the Coop and the Token Sale (each as referred to in the T&Cs and any Accompanying Documents).
All forward-looking statements made by or attributable to Geoma DAO Coop or persons acting on behalf of the Coop are expressly qualified in their entirety by such factors. Given that risks and uncertainties that may cause the actual future results, performance or achievements of the Coop to be materially different from that expected, expressed or implied by the forward-looking statements in these T&Cs and any Accompanying Documents, undue reliance must not be placed on these statements. These forward- looking statements are applicable only as of the date they are expressed at.
Neither the Coop nor any other person represents, warrants and/or undertakes that the actual future results, performance or achievements of the Coop will be as discussed in those forward-looking statements. The actual results, performance or achievements of the Coop may differ materially from those anticipated in these forward-looking statements. Nothing contained in these T&Cs and any Accompanying Documents is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of the Coop.
Further, Geoma DAO Coop disclaims any responsibility to update any of those forward- looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.
Market and industry information and no consent of other persons These T&Cs and any Accompanying Documents includes market and industry information and forecasts that have been obtained from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications.
Such surveys, reports, studies, market research, publicly available information and publications generally state that the information that they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. Save for the Coop and its respective directors, executive officers and employees, no person has provided his or her consent to the inclusion of his or her name and/or other information attributed or perceived to be attributed to such person in connection therewith in this document and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information by such person and such persons shall not be obliged to provide any updates on the same.
While Geoma DAO Coop has taken reasonable actions to ensure that the information is extracted accurately and in its proper context, it has not conducted any independent review of the information extracted from third party sources, verified the accuracy or completeness of such information or ascertained the underlying economic assumptions relied upon therein. Consequently, neither the Coop nor its respective directors, executive officers and employees acting on their behalf makes any representation or warranty as to the accuracy or completeness of such information and shall not be obliged to provide any updates on the same.
To facilitate a better understanding of GMD being offered for purchase by Geoma DAO Coop, and the businesses and operations of the Coop, certain technical terms and abbreviations, as well as, in certain instances, their descriptions, have been used in these T&Cs and any Accompanying Documents. These descriptions and assigned meanings should not be treated as being definitive of their meanings and may not correspond to standard industry meanings or usage.
Words importing the singular shall, where applicable, include the plural and vice versa and words importing the masculine gender shall, where applicable, include the feminine and neuter genders and vice versa. References to persons shall include corporations.
No information in these T&Cs and any Accompanying Documents should be considered to be business, legal, financial or tax advice regarding Coop, the GMD tokens, the Coop Token Sale and the Coop Wallet (each as referred to in the T&Cs and any Accompanying Documents).
You should consult your own legal, financial, tax or other professional adviser regarding Coop and its respective businesses and operations. You should be aware that you may be required to bear the financial risk of any purchase of GMD tokens for an indefinite period of time. No further information or update.
No person has been or is authorized to give any information or representation not contained in these T&Cs and any Accompanying Documents in connection with the Coop and its respective businesses and operations, the COOP as well as the Token Sale and, if given, such information or representation must not be relied upon as having been authorized by or on behalf of Coop. The Token Sale shall not, under any circumstances, constitute a continuing representation or create any suggestion or implication that there has been no change, or development reasonably likely to involve a material change in the affairs, conditions and prospects of Coop or in any statement of fact or information contained in these T&Cs and any Accompanying Documents since the date hereof.
The distribution or dissemination of these T&Cs and any Accompanying Documents or any part thereof may be prohibited or restricted by the laws, regulatory requirements and rules of any jurisdiction. In the case where any restriction applies, you are to inform yourself about, and to observe, any restrictions which are applicable to your possession of these T&Cs and any Accompanying Documents or such part thereof (as the case may be) at your own expense and without liability to the Coop. Persons to whom a copy of these T&Cs and any Accompanying Documents has been distributed or disseminated, provided access to or who otherwise have the T&Cs and any Accompanying Documents in their possession shall not circulate it to any other persons, reproduce or other-wise distribute these T&Cs and any Accompanying Documents or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.
These T&Cs and any Accompanying Documents do not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or any other form of investment product or a solicitation for investment in securities or any other form of investment product in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of these T&Cs and any Accompanying Documents.
No regulatory authority has examined or approved of any of the information set out in these T&Cs and any Accompanying Documents. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of these T&Cs and any Accompanying Documents does not imply that the applicable laws, regulatory requirements or rules have been complied with.
Prospective purchasers of COOP-s should carefully consider and evaluate all risks and uncertainties associated with the Coop and its respective businesses and operations, the COOP and the ITS, all information set out in these T&Cs and any Accompanying Documents and the T&Cs prior to any purchase of COOP-s.
If any of such risks and uncertainties develop into actual events, the business, financial condition, results of operations and prospects of the Coop could be materially and adversely affected. In such cases, you may lose all or part of the value of the COOP-s.
All disputes arising in connection with this contract or its validity shall be finally settled in accordance with the Romanian and European Arbitration Rules, without recourse to the ordinary courts of law.
Any Dispute arising out of or related to these T&Cs is personal to you and Coop and will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual’s attempts to resolve a Dispute as a representative of another individual or group of individuals.
Further, a Dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.
Each Party will notify the other Party in writing of any arbitrable Dispute within thirty (30) days of the date it arises, so that the Parties can attempt in good faith to resolve the Dispute informally. Notice to Geoma DAO Coop shall be sent by email.
Notice to you shall be by email to the email address you provide to us. Your notice must include (i) your name, postal address, email address and telephone number, (ii) a description in reasonable detail of the nature or basis of the Dispute, and (iii) the specific relief that you are seeking. If you and Coop cannot agree how to resolve the Dispute within thirty (30) days after the date notice is received by the applicable Party or the Parties do not observe the notification period, then either you or Coop may, as appropriate and in accordance with this section, commence an arbitration proceeding.
We may modify, change, supplement or update these T&Cs and any Accompanying Documents in our sole discretion at any time without advance notice. We suggest that you visit the Website regularly and subscribe to our newsletter to keep up to date with any changes. Your continued use of the website and the Coop will confirm your acceptance of these T&Cs and Accompanying Documents as modified, changed, supplemented or updated by us. If you do not agree to such revised T&Cs you must stop using this Website and any information, links or content contained on this website.
These Terms will be governed by and construed and enforced in accordance with the laws of Romania.
If any term, clause or provision of these T&Cs is held unlawful, void or unenforceable, then that term, clause or provision will be severable from these T&Cs and will not affect the validity or enforceability of any remaining part of that term, clause or provision, or any other term, clause or provision of these T&Cs. In the case of a clause not being valid or in the case that a regulation has not been included therein, this gap shall be replaced by a valid clause that the Parties would have agreed upon if they would have known the gap.
The failure of Coop to enforce any of the provisions of these T&Cs or any Accompanying Document or any rights with respect thereto shall in no way be considered as a waiver of such provisions or rights or in any way affect the validity of these T&Cs.
