Terms and Conditions

ICO POMT: Terms & Conditions (Terms of purchase of POMT cryptographic tokens)
TERMS OF SERVICE
These Terms and Conditions regulate the sale of PM cryptographic tokens (POMT) to participants of the initial sale and crowd sale (together referred to as the “Holders” and individually as the “Holder”). And together these terms explain the basic terms of using PodMiners platform.
This document describes the terms of the initial sale, where POMT is purchased. The initial sale of POMT isn’t an investment proposal and can’t be regarded as an offer to purchase securities in any jurisdiction. POMT are not monetary units or other means of payment in the understanding of the relevant legislation, and can be used for payment inside PodMiners ecosystem for subscriptions, rewarding listeners, host tips, access to application, and advertising that support transactions using POMT. Individuals, legal entities and other organizations should carefully assess the risks, costs and benefits of acquiring POMT at the beginning of the initial sale, compared to the expectation of acquiring POMT in open markets after the initial sale is completed.
IMPORTANT
Possession of POMT does not imply any explicit or implied rights for POMT ecosystem. PodMiners PM (the “Company”) with the head office in Estonia remains the sole and full right owner of the PM ecosystem. The term “PM ecosystem” should be understood as a set of organizational, technical, software, hardware, software and hardware resources and an auxiliary infrastructure combined to ensure the smooth operation of transactions using POMT within digital radio applications and services that support transactions in POMT and/or integrated with PM ecosystem. The holders should not expect to get a hold on the management of PM ecosystem and/or the Company. By participating in the sale of POMT, you clearly acknowledge and confirm that you have carefully studied these Terms, fully understand the risks, costs and benefits of acquiring POMT and agree to observe these Terms. In addition, you agree that PM ecosystem team (“Project Team”) will act as an authorized recipient and holder of the funds collected as a result of the Initial Sale, acting as an independent autonomous community of people united by the overall goal of developing PM ecosystem; the relevant information on them is available on the official website of the PM ecosystemhttps://www.podminers.com/terms-conditionSolely for the purposes of easier understanding of the contents of these Terms, the Company and the Project Team, when they are relevantly mentioned, within the general framework are together referred to as “we”or “our”. As indicated below, you confirm and warrant that, to the extent permitted by law, you have the necessary rights to purchase POMT in your respective jurisdiction, and have reached the statutory age for the purchase of POMT in order to be bound by these Terms, and will not hold liable the Project Team (as a whole or individual members of the Project Team), the Company, affiliated companies, subsidiaries, partner companies and related companies, employees, directors, employees and/or advisors of the Company for any damages, including special, incidental, direct, indirect or consequential damages of any kind (including legal and any other costs) arising from or related to the sale of POMT at present or in the future. NOTE: WE RECOMMEND THAT YOU DO NOT KEEP POMT IF YOU DO NOT HAVE EXPERT KNOWLEDGE IN THE FIELD OF INVESTMENT, CRYPTOGRAPHIC TOKENS AND SYSTEMS BASED ON THE SOFTWARE FUNCTIONING WITH THE SUPPORT OF BLOCKCHAIN TECHNOLOGY. Only individuals, legal entities and other organizations with significant experience in using and understanding of the operating environment of cryptographic tokens such as bitcoin (“BTC”) and software systems based on blockchain technology should carry out purchase of POMT. The holders should have a functional understanding of the mechanisms for storing tokens and performing transactions associated with other cryptographic tokens. The project team will be available to assist the Holders during and after the sale, but the Project Team will not be liable for lost cryptocurrencies Bitcoin (BTC), Ethereum (ETH) or POMT as a result of actions taken by the Holders, or as a result of the failure of the Holders to take the necessary action. Please note in particular that the Holders should exercise extra care in keeping the password to their wallet and not lose it. In order to be sure that the Holders will be able to access their POMT when they become available after the Initial Sale. If you do not have such experience or knowledge, you should withdraw from purchasing POMT and not participate in POMT initial sale. NOTE: CRYPTOGRAPHIC TOKENS ARE SUBJECT TO EXTREME COST VOLATILITY. POMT does not imply any formal or legally binding investment. Cryptographic tokens that can be evaluated in public markets, such as BTC, can regularly show acute price fluctuations in short periods. The holder should be prepared to expect similar fluctuations with respect to POMT, both the value decrease and increase, expressed in BTC, ETH, or other currencies available in open markets in the respective jurisdictions. Such fluctuations are caused by the common factors of open markets operation and represent changes in the balance of supply and demand. The company cannot and does not guarantee the liquidity of the market for POMT, and therefore there may be periods of time in which POMT is difficult to buy. In addition, due to various regulatory requirements in different jurisdictions and the inability for citizens of some countries to open accounts on stock exchanges located anywhere in the world, the liquidity of POMT may vary significantly in different countries, and this is likely to affect the serious incongruity in the cost of POMT. By purchasing POMT, you clearly acknowledge and declare that you fully understand that POMT can show high cost volatility and that you will not try to bring the Project Team (as a whole or individual members of the Project Team), the Company, affiliated companies, subsidiaries, partners and related companies, employees, directors, employees and/or advisors of the Company to responsibility for any losses or special, incidental, direct, indirect or incidental damages of any kind arising or somehow connected with the sale of POMT. NOTE: BEFORE PURCHASING POMT, IT IS REASONABLE TO TAKE AN ASSESSMENT OF A RANGE OF RISKS. The purchase of POMT involves a number of risks. Before buying POMT, you should carefully consider the risks described below and, if necessary, consult the appropriate lawyer, accountant and/or tax specialist. If any of the subsequent risks are unacceptable for you, you should withdraw from purchasing POMT. By purchasing POMT and to the extent permitted by law, you accept that you will not hold the Project Team (as a whole or individual members of the Project Team), the Company, affiliated companies, subsidiaries, partners and related companies, employees, directors, employees and/or advisors of the Company responsible for any losses or special, incidental, direct, indirect or incidental damages of any kind arising or somehow connected with the sale of POMT. TERMS OF USE 1. A brief description of WRT initial sale:- The project team will conduct an event to sell a certain amount of POMT, called the initial sale, which will be carried out on the website (“Initial sale”). Holders in the Initial Sale will receive POMT in exchange for BTC, ETH cryptocurrencies and other fiat currencies, at the cost effective at the time of acquisition. POMT will be created in the Ethereum blockchain and will be stored on the Holder's wallet in a smart contract. The distribution of purchased POMT will be made on the relevant account of the Holder on the Website, giving each Holder control over it. The transaction for the purchase of POMT initiated by the Holder during the Initial Sale is deemed to be successfully completed provided that POMT is received and the Holder receives the appropriate amount of POMT. All funds collected as a result of the Initial Sale will be transferred to the wallets created by the Project Team to cover the costs associated with the development of POMT ecosystem. The project team will act as an authorized recipient and holder of funds. The company doesn’t become the owner of the funds collected as a result of the Initial Sale; it is not their recipient, keeper or disposer. At the same time, the Company, as the sole and full owner of POMT ecosystem, is the only beneficiary of all tangible and intangible values received as a result of spending the collected funds. 2. Emission (Release) of POMT The company will issue 200 Million POMT, some of which will be available for purchase by the Holders during the Initial Sale period. Issue of POMT will be limited, held only once and new POMT will never be released in the future. Any un-acquired POMT will go up after the completion of the Initial Sale. Conducting of Initial Sale The initial sale includes pre-ICO stage -the information on the exact time of the beginning and completion of which is available on the website. The Company reserves the right to change the start date of the Initial Sale and further reserves the right to extend or shorten the time of the Initial Sale at its sole discretion, including the inaccessibility of the Website or occurrence of any force major circumstances that may adversely affect the results of the Initial Sale. 3. Cost of POMT The initial sale is pre-ICO stage and, accordingly, the amount of accrued bonuses and discounts will be established depending on the current bonus or discount at the time POMT purchase order is placed. Complete information on the Initial Sale phase, POMT cost and available bonuses will be provided to the Holders in a timely manner during the Initial Sale and will be available on the Website at the time of purchase. 4. Disclosure of sales information The project team strives to ensure transparency and openness of information on the Initial Sale. In order to allow the Holders to have as much information for decision-making as possible, the Project Team will disclose the total amount collected during the Initial Sale in real time to provide the Holder with a full understanding of the existing funding pool during the purchase of POMT. 5. Purchase of POMT on the website The project team will support the Website interface, which can be used to purchase and store POMT, both during the Initial Sale and after, in order to ensure a comfortable and safe ownership of POMT. Instructions for purchase of POMT using the Website interface will be available for viewing on the Website during the Initial Sale period. Non-observance of these instructions may limit, delay or impede the Holder’s purchase of POMT Holder. Any questions about these instructions shall be sent to support@podminers.com. 6. Determination of the sufficiency of the rights of the Holder for the purchase of POMT in the jurisdiction of the holder The initial sale is the sale of a legal software product and the sale of this product is accomplished in accordance with the legislation of the European Union. POMT tokens are a part of the payment infrastructure of POMT ecosystem, possession of which grants their owners the right to use POMT in any permitted way, not prohibited by applicable law and POMT ecosystem documents, and according to the generally accepted classification of cryptographic tokens corresponds to the “utility token” type. Each potential Holder is responsible for determining whether the jurisdiction of the Holder permits the purchase of POMT. In case if, during the Initial Sale period, a reliable evidence of the Insufficiency of the Holder’s rights for the purchase of POMT and/or the Holder’s violation of the requirements of these Terms (including the Holder’s Non-compliance with restrictions and prohibitions on the purchase of cryptocurrencies established by the legislation of the Holder's jurisdiction) are revealed, the Company, as the sole and full owner of PM ecosystem, acting for the development of PM ecosystem and in full compliance with the requirements of the applicable legislation of the relevant jurisdiction, will provide the possibility of access and use of POMT by such a Holder only after Holder’s confirmation of the existence of sufficient rights and his elimination of the circumstances that resulted in violation of the requirements of these Terms. If the Holder refuses to remedy the failures and/or comply with all of the Company's requirements within a reasonable time, at its sole discretion, the Companies belonging to such POMT Holder will be kept by the Company without limit of time, but no longer than the period established by applicable law, after which the ownership right for POMT will pass to the Company. Please note that POMT, held on the balance of the Holders, is not cash in the understanding established by the applicable law and no interest is charged on them. For the entire period of storage of POMT, to the extent permitted by applicable law, the Holder agrees not to bring the Project Team (as a whole or individual members of the Project Team), the Company, affiliated companies, subsidiaries, partners and related companies, employees, directors, employees and/or advisors of the Company to responsibility for any losses or special, incidental, direct, indirect or incidental damages of any kind arising or somehow connected with the sale of POMT. 7. Acceptance of the POMT terms of use The Project Team will provide the Holder with these Terms and related information materials as a first step in the process of purchase. By placing an order for the acquisition of POMT, the Holder:
(i) Accepts and agrees to these Terms.
(ii) Confirms and warrants that the holder is legally authorized to purchase POMT in the jurisdiction of the Holder.
(iii) Confirms and warrants that the holder is of sufficient age established by law in the jurisdiction of the holder to acquire POMT, or has obtained permission from a legal guardian who has reviewed and accepted these Terms.
(iv) Confirms and warrants that the holder will be solely responsible for any restrictions and risks associated with the acquisition of POMT, as set forth below;
(v) Confirms and warrants that the holder has experience of using and understanding the operating environment of cryptographic tokens such as bitcoin ("BTC") and software systems based on blockchain technology.
(vi) Confirms and warrants that the Holder is not a citizen of India, United States or Singapore, and is not a citizen, resident and is not located in the territory of the state (autonomous territories) in which activities related to ICO and operations with cryptocurrencies are prohibited or require special authorizations. 8. Independent confirmation of the POMT purchase During the process of POMT purchasing on the Website, the Project Team will provide the Holders with a unique intermediate crypto-address. Using this address, the Holders may monitor and confirm that the Holder's crypto currency was received at this address. Knowledge of a unique intermediate address is not a receipt for purchase and/or does not indicate in any way that any party with such knowledge has ownership or possession rights for purchased POMT. 9. Email for the purchase of POMT The Holder shall provide an email address (“Email”) to make an order as part of the process of purchasing POMT. The email specified by the Holder will be used to send notification on the creation of the Holder’s account on the website. By POMT purchasing, to the extent permitted by applicable law, the Holder agrees not to bring the Project Team (as a whole or individual members of the Project Team), the company, affiliated companies, subsidiaries, partners and related companies, employees, directors, employees and/or advisors of the Company to responsibility for any losses or special, incidental, direct, indirect or incidental damages of any kind arising or somehow connected with the inability of the Holder to secure his account. 10. Purchase of POMT during the initial sale is available exclusively through the website The purchase of POMT is available only through the website, available at the web address ico.podminers.com. If any third party website or service offers to purchase POMT at the time of the Initial Sale, ensures the sale or transfer of the POMT in any way during the Initial Sale, we inform you that we have not permitted such third-party websites or services to perform similar operations and they have nothing to do with the initial sale, the PM ecosystem, the team and the company. We prohibit the use of these third-party websites or services to purchase POMT prior to the completion of the original sale. 11. Fraudulent attempts of double-spending The project team will monitor all potential transactions to prevent fraudulent attempts of double-spending. Any revealed double-spending will result in a situation where POMT is not sent to the appropriate Holder. 12. The project team and the Company will not purchase POMT during the Initial Sales Period The project team and the Company guarantee that they will not purchase POMT in their own sale during the Initial Sale period. In addition, the Project Team and the Company ensure that they will not purchase POMT from any third party or in any way acquire rights for future POMT control during the Initial Sale period. 13. Certain risks associated with the purchase of POMT The purchase of POMT carries significant risks. Before purchasing POMT, the Holder should carefully consider the risks listed below and, if necessary, consult a lawyer, an accountant and/or tax specialists before determining whether to purchase POMT.
I. It is possible that the value of the crypto-currencies collected during the Initial Sale period will significantly decrease in the future, depriving sufficient resources to continue working on the development of the PM ecosystem.
II. It is possible that the value of the cryptocurrencies collected during the Initial Sale period will significantly increase in the future. In this case, the Holders confirm their consent for remission of a claim for obtaining of positive difference in the value of the cryptocurrencies collected during the Initial Sale period, expressed in equivalent fiat currencies or in any other way, and recognize the right of the Project Team and/or the Company to use the additional funds received in the sole interest of the POMT ecosystem development.
III. POMT will be stored in the wallet that can only be accessed using the password selected by the Holder. Holders must safely store their password and secret recovery information in one or more backup locations separately from the primary storage location of the password. If the Holder does not keep their password and secret recovery information responsibly in order to prevent their loss and/or his compromise, this can lead to the loss of POMT.
IV. Any third party that has access to the E-mail can access the information sent to the Holder, which may include important information about the ownership of POMT. The holder must take care not to respond to any inquiries related to the purchase of POMT, including but not limited to letters and inquiries allegedly received by email from a Web site or similar domain.
V. Crypto-currencies remain subject to regulatory control by various regulatory bodies around the world. One or more regulatory requirements or regulations that may interfere with or limit the ability to continue development of PM ecosystem can influence the PM ecosystem, the Project Team and/or the Company.
VI. It is possible that not a large number of Holders will use POMT as the domestic currency of the PM ecosystem, and that there will be limited public interest in using the capabilities of the PM ecosystem. This lack of interest can affect the development of the PM ecosystem. The project team cannot predict the success of their marketing efforts or the efforts of other third parties. There are no guarantees of income or profit received as a result of the marketing activities of the Project Team and the development of the ecosystem in accordance with the approved road map.
VII. The holder acknowledges that the PM ecosystem is currently in development and may undergo significant changes in the future. The Holder acknowledges that any expectations regarding the form and functionality of the PM ecosystem may not be justified for a number of reasons, including a change in the development strategy and priorities for the development of the PM ecosystem.
VIII. The Holder understands that even though the Project Team will make reasonable efforts to develop the PM ecosystem, it is possible that the PM ecosystem will jump ship, and perhaps all or part of the comics, applications and services supporting transactions using POMT will no longer be available to the Holders.
IX. Hackers, other groups or organizations may attempt to steal funds collected during the Initial Sale period, which could potentially affect the ability of the Project Team and the Company to develop the PM ecosystem. From the perspective of this risk, the Project Team and the Company accept and will continue to take comprehensive precautions to protect funds collected from the sale of POMT. Multifactor security measures will be taken to protect the collected funds and POMT, including, among other things, physical elements, keys with multi-signatures, divided storage of funds, separation into “hot”/“cold” wallets and diversification. Moreover, security checks of “hot” and “cold” wallets and the necessary measures to reduce risks will be conducted on a regular basis.
X. Current advances in code hacking techniques and technological advances, such as the development of quantum computers, can pose risks to the POMT crypto-currency and ecosystems, which can lead to theft or loss of POMT. To the extent possible, the Project Team and the Company intend to take the necessary measures to protect the code behind the POMT ecosystem, taking into account the available advances in cryptography and the implementation of additional security measures, but cannot guarantee the success of any future security updates. The loss or destruction of important POMT ecosystem data resulting from the hacking of the code behind the PM ecosystem may be irreversible, which can adversely affect the cost of POMT.
XI. As in the case of other crypto-currencies, the blockchain used in the operation of the PM ecosystem is susceptible to attacks. Any successful attacks pose a threat to the PM ecosystem and the correctness of conducting transactions with payments.
XII. PM is a new product, the level of interest of Holders and the public to may affect the cost of PMC in open markets. Factors affecting the further development of the digital assets industry, as well as the POMT ecosystem, include: a. continued worldwide growth in the introduction and use of POMT and other digital assets;
b. state and quasi-public regulation of POMT and other digital assets, their use or prohibition of use, regulation of access to software products supporting transactions using POMT, or their operation;
c. support and development of POMT ecosystem software;
d. changes in consumer demography, general trends and preferences;
e. availability and popularity of similar competitors’ products, and;
f. general economic conditions and regulatory environment that affect the PM ecosystem and digital assets.
XIII. Claims related to intellectual property rights may adversely affect the operation of the PM ecosystem. Third parties may push claims in the field of intellectual property rights related to the storage and transfer of digital assets and their source code. Regardless of the importance evaluation of any intellectual property or the requirements of the presented legal actions, any threatening act that reduces the credibility of the long-term liveness of the PM ecosystem or the ability of the Holders to access their POMT, store and use it may adversely affect the cost of POMT. In addition, claims for intellectual property rights may prevent the Holders from gaining access to the PM ecosystem or the ability of the Holders to retain access to their POMT, store and use it.
XIV. Crypto-exchange services on which POMT can be traded can be relatively new and rather unregulated and therefore may be more susceptible to fraud and malfunction than the long-running and regulated crypto-exchange services. To the extent that crypto currency exchange services that provide a significant part of the POMT trading volume are fraudulent or have security problems or other operational problems, such interruptions in the operation of crypto currency exchange services can lead to lower prices and a negative impact on the cost of POMT. The lack of stability in the operation of crypto-currency exchange services, the closing or suspension of the exchange of crypto currency services due to fraud, operation failure, hacker or malicious programs interference, or government-sanctioned regulation may reduce the credibility of the PM ecosystem and lead to greater POMT price volatility.
XV. Political or economic crises can lead to the sale of large amounts of POMT, which can lead to lower prices and a negative impact on the cost of POMT. Digital assets, such as POMT, which are relatively new, are subject to increased supply and demand effects based on the popularity of alternative investments, speculative expectations, the demand for decentralized funds for payments within comics, animation, applications and services supporting transactions using POMT, and it is not known, how geopolitical events will influence such proposals and demand for them. Sales of large volumes of POMT will lead to a decrease in the cost of POMT.
XVI. It is possible that a digital asset other than POMT may have properties that make it more desirable to purchase, which leads to a decrease in the demand for POMT, which could adversely affect utilization capacity and the price of POMT. There is a possibility that the compared product can become significantly more popular due to the supposed or disclosed shortcomings of the PM ecosystem that cannot be eliminated by the reasonable efforts of the Project Team and/or the Company at the desired time, or it was decided not to eliminate the shortcomings. If the compared product receives a significant market share, this could have a negative impact on the demand and price of POMT.
XVII. Crypto-currency transactions cannot be reversible, from an administrative point of view, reversible without the consent and active participation of the recipient of the transaction or, theoretically, monitored or agreed upon by the majority of computing power in the ecosystem blockchain. Operations with POMT are irrevocable and, accordingly, stolen or incorrectly translated POMT may be irretrievably lost. After the transaction has been confirmed and recorded in the block it is added to the block account, the operation with incorrect POMT transfer or POMT theft will not be reversible and there can be no compensation for such transfer or theft. Such losses can adversely affect the cost of POMT.
XVIII. POMT tokens will be released on Ethereum blockchain. Thus, any malfunction or unforeseen operation of the Ethereum protocol can affect the ability of the Holder to transfer or safely store POMT. Such an impact can adversely affect the cost of POMT.
XIX. It is possible that for a score of reasons, including, but not limited to, the deterioration of business relationships or marketing strategies, the PM ecosystem and all subsequent marketing may not succeed because of the shortage of funds collected from the sale of POMT. 14. Prohibition on participation in the Initial Sale Some jurisdictions prohibit or restrict the conduct of Initial coin offering (other similar fund-raising models) and/or cryptocurrency transactions. In the interests of stable development of the PM ecosystem, we decided to forbid certain categories of individuals to purchase POMT during the Initial Sale period. We prohibit the purchase of POMT by persons who are citizens, residents of the United States or Singapore or are within their territory at the time of initiation of the transaction for the purchase of POMT. We prohibit the purchase of POMT by persons who are citizens, residents or are within the territories of states (autonomous territories) where activities related to participation in the Initial coin offering (other similar fund-raising models) and/or operations with crypto-currencies are interdicted or require special permits. 15. All purchased POMT are non-refundable All completed purchases of POMT are final and do not allow the right of return of the funds. By the purchase of POMT, the holder confirms that he is aware of the absence of the right of refund for any reasons that the project team, the company and any other parties have no obligations towards the holder for refund for any reason,and that the holder will not receive money or any compensation in any other kind, if POMT cannot be used or remain unused. 16. Taxation of POMT and taxation of income received in the period of initial sale The project team and the company do not provide any professional advice on the tax consequences of purchasing, owning or using POMT. Depending on the requirements of the applicable legislation, the jurisdiction of the holder, transactions related to the purchase, ownership or use of POMT may result in the occurrence of tax liabilities for the holder at the time of POMT purchase in the future. The holder is fully responsible for determining whether the purchase, ownership and use of POMT, the potential increase or decrease in the value of POMT over time have tax consequences within the jurisdiction of the holder. By purchasing POMT and to the extent permitted by law, the holder agrees not to hold the project team (all or certain members of the project team) and/or the company liable for any tax dues of the holder related to the purchase, ownership and use of POMT. 17. Privacy In spite of the fact that the holder's email address is required, the project team and the company shall not publish any identifying information related to the purchase of POMT without the prior written consent of the holder. Holders can receive messages on the current issues of the PM ecosystem operation and the maintenance of POMT holders to Email. 18. AML/KYC policies If at any time we decide that a separate holder or all holders shall provide additional information about themselves and the transactions that are being made, in order to comply with current applicable laws, regulations or recommendations in any jurisdiction, we are entitled to request from the holder’s information about suspicious settlement transactions. We may also require holders to provide additional information as required by legislation in any jurisdictions, including but not limited to suspicious transactions equivalent to $ 2,000 or more. We adhere to the policy of KYC (Know Your Customer) and AML (Anti Money Laundering) to comply with documentation requirements. We aspire, in necessary cases and reasonable limits, to identify each holder by cross verification of the holder's data according to government observatory lists,including the possibility of using third-party verification and authentication services. If the proposed transaction for the purchase of POMT requires additional verification, we may require additional evidence of identification from the holder, and we are entitled not to authorize any holders’ purchases of POMT until the holder provides an additional verifiable identity authentication for our check. Based on the results of verification, we at our discretion approve the transaction for the purchase of POMT, or we refuse the approval.
By accepting these Terms and Conditions, the holders acknowledge and agree that:
I. We maintain a level of verification that requires the participation of Holders and the verification of the possibility of obtaining our permission to purchase POMT on the basis of information provided by the Holders, our ability to verify the Holders and compliance with our internal policies;
II. The holder may not be able to achieve the desired level of verification and approval for the purchase of POMT;
III. We reserve the right, in our sole discretion, to determine the appropriate level of verification for each holder, as well as the right to refuse the approval of the purchase of POMT at our own discretion and without giving reasons;
IV. We may from time to time adhere to policies that limit the levels of verification by nationality, country of residence or any other factor that may affect the right of the Holder to purchase POMT;
V. The holders shall not hold the Project Team (the whole or individual members of the Project Team), the Company, affiliated companies, subsidiaries, partner companies and related companies, directors, employees and/or advisors of the Company liable for any damages, including special, incidental, direct, indirect or related damages of any kind (including legal and any other costs) arising from or related to verification results (arising from a refusal to approve the purchase of POMT, or the approval of the purchase of POMT) now or in the future.
VI. We reserve the right to reject payment for the purpose of the POMT purchasing from any potential holder if the holder does not meet the AML/KYC requirements that we set or the holder is unable to fulfil the terms of any verification and screening procedures; and
VII. We may cooperate with law enforcement agencies and, among other things, take the appropriate measures permitted by law for any suspicion of the holders’ using of POMT or participating in the sale of POMT for any criminal purpose, including money laundering. To prevent the use of the POMT or the PM ecosystem for any criminal purpose, including money laundering and/or financing of terrorism, we may require the holders to provide at least the following information:
a) Name and surname of the holder;
b) A photograph of a passport or other equivalent document for the identification of the holder;
c) Documents confirming the address of residence/registration of the Holder;
d) Proof of holder's ownership of the e-mail address;
e) Contact number of the holder; and/or
f) Documents proving the holder’s sufficient level of professional knowledge in the field of investment, cryptographic tokens and/or systems based on blockchain supported software.
We may request both fully and partially specified information and documents, as well as require the provision of additional information at our own discretion. 19. Disclaimer of Warranties The holder clearly agrees that the holder purchases POMT at his own risk and that POMT is given on the terms “as is” without any guarantee, neither express nor implied, including, but not limited to, guarantees of operatively or implied guarantees, of commercial value or fitness for a particular purpose (except only if the applicable law sets by the warranty period, but not more than thirty days from the day of a purchase of POMT or the minimum compulsory period). Without limitation of the above, the project team and the company does not guarantee that the POMT purchase process will not be interrupted or goes without errors. 20. Limitations and exclusion of liability The holder exactly acknowledges and agrees that permitted by any applicable law, exclusion of liability contained herein apply to any damages or losses, which were caused by or are related to the use of or inability to use POMT or PM ecosystem for any reason or circumstance, in any kind in any jurisdiction, including, without limitation, breach of warranties, violation of the contract and violation of no contractual obligations (including negligence), and that the project and the team will not be liable for any special, incidental, direct, indirect, or consequential damages, including profit losses, damage to goodwill or loss of data, caused in any form in connection with the use or inability to use, purchase or the inability to purchase POMT. The holder further expressly admits that the project team and the company will not be liable for the behaviour of third parties, including other POMT holders, and that the POMT purchase risks fully remain on the holder, in the extent permitted under applicable law, in no event shall the project team and the company have any liability towards any holder for the amount more than that paid by the holder to purchase POMT. Some jurisdictions do not allow the removal of certain warranties, limitations, or exclusion of liability for some damages. Therefore, some of the above limitations in this section and the elements under conditions cannot be applied to the holder. In particular, these terms are not applied if wilful misconduct or fraud violate the rights of any holder or if a limitation of liability for such damages set for applicable law cannot be applied. 21. Settlement of disputes
a) The project team, the company and the holder (the “Parties”) agree to make due efforts to resolve any disputes, claims or demands arising between them in respect of the Initial Sale and their respective rights and obligations under these terms (“Dispute”).
b) If the Parties or their authorized representatives cannot resolve the dispute within thirty (30) calendar days after referring this matter to them, the Parties will resolve the Dispute in accordance with clause “c” of this section. The claim procedure for settling disputes under these Terms is not mandatory for the project team and the company.
c) All disputes arising in connection with these terms or related to them, which the Parties cannot resolve through negotiations, shall be resolved through arbitration via the American Arbitration Association (AAA) and the International Centre for Dispute Resolution (ICDR). 22. Force majeure circumstances The project team and the company are not liable for failure to fulfil their obligations solely because of:  Inevitable accident,  Delays in delivery of materials,  Embargo,  State orders,  Acts of civil or military authorities,  Actions of conventional carriers,  Extreme conditions (including weather conditions) or  Any similar unforeseen event that makes the work commercially unjustified. In case of force majeure circumstances, the party affected by the inability of the other party to fulfil its obligations may decide to suspend these Terms in full or in part during the period of validity of force majeure circumstances. The Party facing force majeure circumstances shall cooperate with the injured party and assist it in all reasonable ways to minimize the impact of force majeure on the victim. 23. Full agreement These Terms and Conditions establish full understanding between each holder on the one hand, the project team and the company on the other hand, with respect to the sale and purchase of POMT. In evidence and facts related to the purchase of POMT,the holder agrees to rely only on these terms when determining purchase decisions and understands that this document regulates the sale of POMT, replacing any public Initial Sale statements made by third parties or the project team, or Company, or persons associated with the project team and/or the company, in the past, now, and in the initial sales period. The holder acknowledges that there are no warranties, statements, conditions or agreements, expressed or implied, between the parties, other than those expressly provided in these terms. In case of any discrepancy between any translated versions of these Terms, the version of these Terms and Conditions in India shall prevail. 24. Changes The project team and the company reserves the right, at their sole discretion, to modify, alter, add or delete parts of these terms at any time during the initial sale by publishing the amended terms on the website. Any holder will be deemed to have accepted such changes to the terms by purchasing an POMT. If at any time the potential holder disagrees with any part of the current version of the terms, he (the potential holder) shall not purchase POMT. 25. Separability The Holder agrees that if any part of these Terms is found to be illegal or invalid, in whole or in part, such provision shall be invalid in respect of such jurisdiction solely to the extent that such determination of invalidity or unenforceability, without affecting the validity or enforcement of any other method or jurisdiction and does not affect the remaining provisions of the Terms, which will continue to be in full force and will remain valid. 26. Waiver of rights The inability of the project team and/or the company to require or enforce strict compliance of any provision of these terms by the holder or failure of the project team and/or the company to exercise any right under these conditions shall not be considered as a waiver of the right of the project team and/or company to any such provision or right in this or any other case. The expressed refusal of the project team and/or the company from any provision, condition or requirement of these terms is not a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and in particular set in these conditions, no claims, approvals, agreements, waivers or other acts or missions by the project team and/or the company shall be deemed to be a modification of these terms, nor shall they have legal effect, if they are not documented in a physical letter by the Holder in person and a diligently appointed official, representative or agent of the project team and/or the company. 27. Cooperation on legal requirements The project team and the company will cooperate in all investigations, take part in litigation and provide answers to legal requests, provided that they are fully justified and legality is confirmed by legislation in the relevant jurisdictions. The project team and the company will aspire to consider all received legal requests publicly. 28. Detailed information For more information on purchase of POMT, please send us a message to support@podminers.com

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United States and Indian citizens are restricted from engaging. The Crowdsale of the PodMiners Token isn’t the deal of security. PodMiners will use the revenue of the Crowdsale for advancement purposes outlined in the white paper. Digital currency is not authorized tender and isn’t backed by the council, and value balances are not subject to consumer protections. Investment advises or any offer or invests in securities-related information isn’t constituted in this e-mail. Users buying the PodMiners Tokens are requested not to expect any future profits or the value of POMT will increase based on PodMiners ecosystem and platform.