ToRDAO - Token Sale Terms & Conditions
Effective Date: March 12, 2025
NOTICE: These terms are
available to U.S. persons and international individuals participating from outside the United States.
The tokens have been registered U.S. and other authority and
may be offered or sold in the United States.
1. Introduction & Legal Agreement
By purchasing $TORDAO Tokens from ToRDAO (“Company,” “we,” or “us”) during the Token Sale (“Sale Period”),
you agree to these legally binding Terms & Conditions (“Terms”). These Terms govern your purchase and use of $TORDAO solely for governance purposes.
If you do not agree to these Terms, do not purchase the Tokens. For inquiries, contact contact AT tordao.org.
2. Purpose & Utility of Tokens
- Governance Only: Holding $TORDAO gives you the right to propose and vote on ToRDAO Protocol governance matters, such as marketing, functionality, and policy changes.
- No Financial Rights: $TORDAO is not an investment and does not grant ownership, dividends, revenue shares, or intellectual property rights in ToRDAO or its affiliates.
3. Eligibility & Compliance
To participate in the Token Sale, you must:
- ✅ Pass KYC & AML verification conducted by ToRDAO or its agents.
- ✅ Have a compatible Solana wallet that supports Solana-based tokens.
- ✅ Be legally permitted to buy $TORDAO in your jurisdiction.
❌ Restricted Jurisdictions: Residents of
Afghanistan, Cuba, Iran, North Korea, Syria, and other sanctioned regions are strictly prohibited from participating.
4. Token Sale Terms
To participate in the Token Sale, you must:
- Total Supply: 1 billion $TORDAO tokens, with ~40% available for purchase during the Sale Period.
- Voting Cap: No individual/entity can vote with more than 5% of total votable supply.
- Pricing & Payment: $TORDAO may be purchased using SOL, USDC, or USDT at a fixed USD-equivalent rate.
- No Refunds: All purchases are final and non-refundable.
5. Risks & Disclaimers
Purchasing $TORDAO involves significant risks, including but not limited to:
- ⚠️ Loss of Access: Losing your private key means losing access to your $TORDAO permanently.
- ⚠️ Regulatory Uncertainty: Laws governing digital assets are evolving and could affect the usability of $TORDAO.
- ⚠️ No Resale or Liquidity: $TORDAO cannot be resold or exchanged for fiat or other assets.
- ⚠️ Security Risks: Smart contract vulnerabilities, hacking attempts, and blockchain failures could result in loss of tokens.
By purchasing, you acknowledge and accept all risks outlined in the Risk Disclosures (Schedule 1).
6. Security & Personal Data
- You are responsible for securing your wallet and private keys.
- ToRDAO may collect and verify certain personal information for compliance purposes but will not share it without legal obligation.
7. Indemnification & Liability Limitations
- You indemnify ToRDAO against any claims, losses, or legal issues arising from your participation in the Token Sale.
- No Warranties: ToRDAO provides $TORDAO “as is” with no guarantees regarding security, functionality, or regulatory status.
- Limited Liability: ToRDAO is not responsible for lost tokens, exchange rate fluctuations, or legal changes affecting $TORDAO.
8. Dispute Resolution & Governing Law
- Mandatory Arbitration: Any disputes will be settled via binding arbitration in New York, USA.
- No Class Actions: You waive the right to participate in class action lawsuits against ToRDAO.
- Governing Law: These Terms are governed by the laws of Delaware, USA.
9. Final Provisions
- These Terms may be updated periodically. Continued participation in governance implies acceptance of new terms.
- If any part of these Terms is found unenforceable, the remainder shall still apply.
🔹 For the full
Risk Disclosures (Schedule 1), email:
contact AT tordao.org.
By purchasing $TORDAO, you acknowledge that you have read, understood, and agreed to these Terms & Conditions.
🚀 Welcome to the future of decentralized governance with ToRDAO! 🚀