The main goal of this system is to spread IDO allocations fairly between both $HYPE holders and WL winners.
It’s a temporary substitute for the Stardust system but also serves as an MVP game theory wise. More importantly, it is built to be: Accessible, Anti-whale, Easy to Use and Fun.

Allocations explained

To access IDO’s on Hypercent users must lock $HYPE tokens or win whitelist spots from project owners. The allocation size is relative to the number of tokens locked. To be able to differentiate between allocation sizes we are splitting the maximum allocation into smaller allocations awarded based on locked $HYPE amount.

Accessible.
To allow smaller players to join IDO’s we are also letting them buy chances of getting allocations through lottery tickets. So, they can’t afford enough $HYPE for a full allocation but they can afford less for the chance of getting one or multiple allocations.

Fun.
To make things more fun we’re letting people try their luck to get multiple allocations (or none) for the price of one guaranteed allocation. We’ve seen how well our lottery works during our IDO where even people with just 1 ticket won the right to participate. Basically, people can opt any combination of guaranteed allocations and lottery ticket to a maximum of 5 allocations and 7 tickets.

Anti-whale
Unfortunately, on most launchpads everything is controlled by 30–40 big players who make things very expensive for the rest. A good launchpad community has a strong and numerous middleclass and this is exactly how we want to do things.
Therefore, we have made each extra allocation and lottery ticket more expensive to avoid granting big players too much pie while keeping the maximum lockable $HYPE relatively low. Users can lock 9970 $HYPE for a total of 7 lottery tickets and 5 allocations.

Lottery tickets: 200/230/265/305/350/405/465
Allocations: 1000/1220/1490/1820/2220

Easy to use
We’ve built the $HYPE locking experience to be as close as possible to the cart/checkout flow you see on ecommerce marketplaces giving the user a familiar UX to feel comfortable.

The process looks like this:

1. Registration opens
2. Users join whitelist locking $HYPE for allocations and tickets.
3. Registration closed
4. We measure the number of allocations and tickets from the whitelist and calculate allocation size

For example, let’s take this project:

Total Raise: 850,000 USD
Total allocations after whitelist closed: 2000 (including wl spots offered by project owner)
Allocation size before lottery adjustment: 850,000/2000= 425$

This means that if there were no lottery each allocation would be worth 425$, However there is a lottery and considering 1 allocation costs exactly as much as 4 lottery tickets we can leave 25% of total amount for the lottery thus increasing the total number of allocations and decreasing the single allocation size.

One thing we need to mention is that WL winners from projects will have one allocation (won in contests) but can also opt to lock $HYPE for extra allocations.

The locked $Hype begins to unlock the second day after the sale ends. It unlocks 10% per day for a total of 10 days.

Rounds explained

The main goal when designing the rounds is to avoid a situation where there are unsold tokens left and people that want to buy them are unable to. Secondary, considering there is a lottery system the rounds should make sure that as many people as possible have a chance to participate.

1st Round Guaranteed Allocations: People who got allocations have access in the round. The round is designed like the 1st round in our IDO, it’s impossible for people to be left out as the round only closes if 100% of the people fully commit to their max allocations.

You will enter the first-round if:

• You won an allocation from the project owner
• You locked $HYPE to get allocations
• You locked $HYPE for lottery tickets and have atleast one winning ticket.

2d Round (Lucky Losers Round): whatever is left from first round is divided equally between losing tickets. So, if after the first round there are 100,000 USD left unsold and there are 1000 tickets who didn’t win the lottery, they will have equal allocations up to $100. This will make sure that people are not left with 0 tokens and will also encourage lottery participation for smaller holders and thus help our fairness system.

So, a user who had a ticket and didn’t win in the first round will have an allocation worth $100 while somebody with 4 losing tickets will have a $400 allocation. On the other hand, since the first round is designed to sell out, there’s no guarantee of how much is left for the second round so users need to balance things accordingly when choosing GA or Tickets.

3rd Round FCFS: Whatever is left after the 2nd round is accessible to anyone who registered to the sale and passed KYC.

We are Hypercent. This is our vision. This is the way.

| TWITTER | TELEGRAM | WEBSITE | DISCORD

Lock $HYPE and create your own tier was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

This being our first post-IDO article we firstly want to say a massive thank you to everyone who participated in our sale but also to everyone who supported us knowing they won't be able to participate due to the geographic restrictions of our KYC.

Why Kaddex V1?

1.Giving the people who missed the sale a chance to own $HYPE as soon as possible.
The most important reason to list $HYPE on Kaddex V1 and not wait for the audit to end on V2 lies with the very impressive metrics we have seen during our IDO. We are especially looking at the ratio between the people who wanted to buy $HYPE and the people who had the opportunity to do so.

As we previously announced we had 5200 people on our whitelist, out of which 3800 passed the KYC and 1617 closed the sale, but this is not the complete picture. How about the people who knew they couldn’t pass KYC due to regional restrictions or people who found out too late and didn’t believe in their chances to participate so they didn’t even bother joining the whitelist? I mean check out this organic website traffic we had during our IDO period:

Besides that, looking at our demographics report we can directly see 1k people who couldn’t participate:

2. $HYPE will have the spotlight as it kickstarts Kadena’s ecosystem.
Kaddex V1 has been around for some time now having only one pair: KDA/FLUX. In months like October or November it showed volumes of even $5 mil/month which is very impressive for a DEX with one pair on a blockchain that is yet to kickstart its ecosystem. All the users currently trading there will see a new pair: $KDA/$HYPE.

Besides that, Kaddex were nice enough to integrate X-Wallet into V1 even though V2 is just around the corner. Not only will Hypercent holders be able to import their wallet using the seed phrase, but the 10k users of X-Wallet will have the chance to use the wallet on Kaddex for the first time.
Shortly the whole Kadena ecosystem will have a first taste of swapping Kadena based tokens on a Dex using a chrome extension wallet.

3. When Kaddex V2 arrives, it's going to feel like a whole new listing

There are going to be multiple new features, new pairs, a new UX, Kadena based stablecoins, wrapped tokens from other blockchains and a lot of joint marketing push for the launch of V2 (from Hypercent, Kaddex, Kadena, etc). We will be up there in the featured section due to our partnership with Kaddex.

When listing?

The KDA/HYPE pair will start trading on Kaddex on April 15th at 15:00 CET

How to trade $HYPE on Kaddex?

1.Move HYPE to Chain 2

As Kaddex is running on Chain 2, please move all your HYPE from Chain 1 to Chain 2. For crosschain transactions please watch this video from the 2:50 timestamp.

After the crosschain transaction is finished and all your HYPE has been moved to chain 2 you now have two options of moving the funds to Kaddex:

• Import your Hypercent seed phrase when creating an X-Wallet Account
• Send all your HYPE to the X-Wallet address

This tutorial will cover the first and easiest method, as once the HYPE has been moved to Chain 2 the second option is self explanatory.

2. Download X-Wallet

Please make sure that you go to the correct link as you can see in the screenshot bellow.

Clicking the Download Wallet button will redirect you to the chrome extension page where you will actually download the extension.

3. Be mindful of Chrome Profiles

One thing to mention is that you cannot have multiple X-Wallet on the same chrome profile. That means that if you already have an X-Wallet account on your main chrome profile you won’t be able to import your Hyper Wallet via the seed phrase.

This has an easy fix. You can create a second chrome profile by clicking your profile button.

4. Import your Hypercent Seed Phrase

Now, you can share your Hyper Wallet with X-Wallet and they will act as one. Whatever you have in the Hyper Wallet will be available on the other side as well.

Click the extensions button, and open X-Wallet

Now you can copy the 12 words that have been generated as your secret phrase into and paste them in the Secret Recovery Phrase box.

Create a new password.

Congratulations, you have now connected your Hyper Wallet with X-Wallet!

5. Add HYPE token contract

Click on Add more tokens

Next, input the HYPE coin contract address.

Token Contract Address: hypercent.prod-hype-coin

Token Symbol: HYPE

Congratulations, you can now view your HYPE inside X-Wallet. Make sure that you are viewing Chain 2.

6. Connect X-Wallet to Kaddex

On the same Chrome Profile you will visit www.kaddex.com and click on launch app.

• In the top right corner you will see Connect Wallet.
• Click Connect Wallet and sign in with X-Wallet.

Congrats, you are now ready to start swapping HYPE on Kaddex!

Hypercent: | TWITTER | TELEGRAM | WEBSITE | DISCORD

$HYPE is listing on KADDEX V1 was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Fairness is subjective so this is a good opportunity to tell you what we think is fair and how this is reflected in our IDO process.

One sale with the same price and max cap for everyone.

Usually, projects raise money in private sales for lower prices than in the IDO and then spend most of it on marketing. In the end people who buy in the IDO have less opportunity because of this process.
Our strategy was to offer everyone the same price and max cap, and make this project such a great opportunity that people promote it just to have access to the sale, this is how the GA (guaranteed allocation) was born. This was the right call as word about our project has reached far beyond the Kadena ecosystem while our marketing cost is still 0.

Offering group owners and influencers access to our sale for themselves and some community members was a win-win situation. For them it would be a way to give value to their community, for ourselves it would be a good way to have HYPE holders in as many communities as possible. This would ensure that even after the sale ends people will keep spreading the word about our project. Usually, the IDO’s are the peak of communication for most projects and we wanted to avoid such a case.

Furthermore, we offered GA spots to our earliest or most active community members, creative members who created stickers or won meme contests. We never announced anything beforehand because it would create a situation would people would join early with multiple accounts or spam with bots to win GA. We just looked back and saw in Combot who was first, who was most active as we awarded initiative.

The most important rule for us was: nobody can own more than one GA

A lottery model that awards people who supported us from the early days.

Due to the way most sales are made people are used to rushing in as soon as possible to make sure they get to buy some tokens. We aren’t big fans of this approach and we think that as a launchpad that claims to build a lottery system, it’s only fair we use one for our own IDO as well.

Obviously due to selling HYPE in this sale, we couldn’t use it as a base for the lottery. To be fair we built a system where people who have been observing and supporting us from the early stages have more chances of participating in the sale.

Not only did they believe in us when we had less to show but they did so when there were less people in the community to get social proof from. Besides that, our growth was organic but accelerated exponentially, so the early people helped us a lot by helping new members understand better who we are and what we build. Some of these members are now our admins and they are paid for their work.

Participation in our sale is given by either GA (guaranteed allocation) or Lottery Tickets to win an allocation in one of the rounds. We have offered lottery tickets based on how early people have joined our telegram group so users could get either 8, 5, 3, 2 or 1 ticket.

More tickets mean a higher chance of participating in the sale, nobody can have more than 1 allocation in any sale. Basically, the lottery draws a list of people from 1 to 3800 (total KYC members) and lowers means better because you have a higher chance of joining a round.

Lottery and multiple sale rounds go hand in hand.

Before explaining how the rounds are different, we need to mention that the price and max allocation is equal in all rounds.

1.The FIRST ROUND is designed to offer GA to all round participants, so if you made it to round 1 there’s a 100% chance you can buy HYPE. To make sure this happens we have divided the total sale amount of 2m to the max allocation of 1500$ (worth of KDA) and the result is 1333 people.
Basically, the people from the first round have no way of closing the sale as the round wasn’t designed to be closed, but to protect the GA.

In reality not everyone will go for maximum allocation in the first round. Whatever is left from the first round will be available in the second round.

For example, if the average buy in the first round is $900, there are $800,300 worth of tokens left for the second round. This system will only work for the first round though, as if all rounds had this system, it would probably take more than 5 rounds to finish the sale.

2. The SECOND ROUND is designed to offer Projected GA

To avoid going for so many rounds we will use the data from the first round to select the correct number of people for the second round. Basically, when we calculate the participants in the second round, we look at the average buy and split what’s left in the second round.

Example: In the above example we have $800,300 left for the second round, if we were to calculate like the first round, we would divide that to 1500$ and we would get 533 people who have 100% GA. Instead, we divide that to the average buy in the first round as the second round is built to close. In this case 889 people join the second round because that's the theoretical number of people needed to close the round if the average buy equals the one in the first round.

This means that the second round is a combination between the lottery GA and a FCFS system. It is designed that everyone who participates in the round to have a 90% chance of allocation. So yes, some people might end up not getting allocation even if they join the round, but the chances are slim.
There’s still a chance that the sale isn’t closed in the second round, in this case the second-round process would repeat for the 3rd round.

To read before the IDO:

1. Price: 1 $KDA =12.5 $HYPE (price of Kadena was set for $6.25)
2. Min/Max allocation: 40/240 $KDA
3. Before transferring $KDA to your Hypercent wallet make sure you have the mnemonic to access the wallet. The password is stored locally and we don’t store the mnemonic so you can be left out of our wallet.
4. If you make it into a round you only have one chance to swap, once you swap you won't be able to participate in any other rounds. Even if you don’t swap and the round passes you still won't be able to participate in any other round.
5. If you haven’t made it into round 1, wait for the round 2 lottery. Avoid engaging with people who want to sell you a GA in our IDO as this is impossible without being scammed. Even if someone gives you access to their wallet you cannot change the mnemonic so they would also have access to that wallet. If you see people promoting this, please send us proof on telegram so we can remove them from the sale and give way to fair people.
6. The IDO takes place on CHAIN 1, please see this tutorial to understand how to move KDA between chains with the cross-chain function: Hypercent — Crosschain Tutorial — YouTube
7. All the other details regarding tokenomics, price, team or token usecase can be found on our platform.
8. Once the rounds start you will see a swap screen like the one in the article cover.

Schedule:
Round 1 :21.03.2022 (16:00 CET) -22.03.2022 (16:00 CET)
Round 2 Lottery winners: 23.03.2022 10:00 CET
Round 2: 24.03.2022 (16:00 CET) - 25.03.2022 (16:00 CET)
Round 3: TBA if necessary
TGE: 28.03.2022 you will see $HYPE in your wallet, untransferable until KADDEX Launch (Q1 2022 as per their roadmap)

Some stats about our IDO le so far:

We are Hypercent. This is our IDO. This is the way.

Hypercent: | TWITTER | TELEGRAM | WEBSITE | DISCORD

Hypercent Fairlaunch was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

This Data Protection Policy (DPP), together with our Terms of Use, governs Hypercent’s collection, processing, and use of your Personal Data. As used in this Data Protection Policy, “Hypercent” refers to the company Hypercent, including, without limitation, its owners, directors, investors, employees, or other related parties. Depending upon the context, “Hypercent” may also refer to the services, products, website, content, or other materials (collectively, “Hypercent Services,” “Service,” and/or “Hypercent ecosystem”) provided by Hypercent.

We did our best to make our Data Protection Policy short, easy to access, easy to understand, and in clear and plain language.

We developed this policy having in mind your rights and our obligations under the GDPR and other privacy regulations.

We want you to read our entire Data Protection Policy and all the other documents that govern the relationship between us and you, and we want you to do it before creating an account, in order to have a good understanding of what, how, and more importantly why we are doing things as we do.

We acknowledge that you trust us with your Personal Data and that is a huge responsibility for us. We promise you that we do our best to keep your and our data safe, to process your and our data only for the purpose(s) for which it has been provided, and never abuse your data and your trust.

Summary

This summary presents important elements of the Data Protection Policy (DPP), but it does not replace the DPP and you have to read it and accepted:

OK! We process Personal Data to provide our service.

OK! We do our best to process only adequate and relevant data and to keep them securely.

OK! We are processing data lawfully, fairly, and in a transparent manner for specified, explicit, and legitimate purposes.

OK! We apply the highest standard of data protection to all our users regardless of their jurisdiction.

X! We DO NOT SELL your Personal Data!

X! We DO NOT PROFILE USERS!

X! We DO NOT MAKE AUTOMATED DECISIONS about you!

! In short, you have the right to access, rectify, and/or erasure your data. In addition, you have the right to obtain a restriction of the processing. You can exercise your rights by contacting

Definitions

A few definitions of the terms used in this Data Protection Policy.

Personal Data or Personal Information means any information relating to an identified or identifiable natural person (‘data subject’); an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person.

Processing means any operation or set of operations that are performed on personal data or on sets of personal data, whether or not by automated means, such as collection, recording, organization, structuring, storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure or destruction;

Restriction of processing means the marking of stored personal data to limit their processing in the future;

Profiling means any form of automated processing of personal data consisting of the use of personal data to evaluate certain personal aspects relating to a natural person, in particular, to analyze or predict aspects concerning that natural person’s performance at work, economic situation, health, personal preferences, interests, reliability, behavior, location or movements;

Controller means the natural or legal person, public authority, agency, or other body which, alone or jointly with others, determines the purposes and means of the processing of personal data;

Processor means a natural or legal person, public authority, agency, or other body which processes personal data on behalf of the controller;

Recipient means a natural or legal person, public authority, agency, or another body, to which the personal data are disclosed, whether a third party or not. However, public authorities which may receive personal data in the framework of a particular inquiry in accordance with applicable laws shall not be regarded as recipients; the processing of those data by those public authorities shall comply with the applicable data protection rules according to the purposes of the processing;

Third-party means a natural or legal person, public authority, agency or body other than the data subject, controller, processor and persons who, under the direct authority of the controller or processor, are authorized to process personal data;

Consent of The Data Subject means any freely given, specific, informed, and unambiguous indication of the data subject’s wishes by which he or she, by a statement or by clear affirmative action, signifies agreement to the processing of personal data relating to them;

Personal Data Breach means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to, personal data transmitted, stored, or otherwise processed;

Your Rights!

Your rights are important to us, and we want to inform you about your rights before anything else.

OK! You have the right to know if we are processing your personal data.

OK! You have the right to know what personal data we are processing and the purposes of the processing.

OK! You have the right to request from us access to your personal data.

OK! You have the right to obtain from us the rectification of inaccurate personal data.

OK! You have the right to obtain from us the erasure of your personal data.

OK! You have the right to obtain from us restrictions on the processing of your personal data.

OK! You have the right to object at any time to the processing of your personal data.

OK! You have the right not to be subject to a decision based solely on automated processing, including profiling.

OK! You have the right to receive your personal data and to transmit that data to another controller (data portability right).

OK! You have the right to be informed through email about a data breach in 72 hours after the Company has become aware of it.

Hypercent will respond to your request only where this is not inconsistent with our Terms of Use and other legal and regulatory obligations. Within 30 days of receipt of your written request, we will provide you with your Personal Data, including the purposes for which it was used and to whom it was disclosed in accordance with your Subject Access Request rights under the applicable regulation.

Any requests regarding your rights should be made in writing to our Data Protection Officer (DPO) — email: dpo@ilinmurgu.com

Access to Your Personal Information

You may access the Personal Information collected by Hypercent.io by contacting us at support@Hypercent.io.

We will give you access to your Personal Information in the manner requested if that is possible and within a reasonable period. If we refuse your request or cannot give you access in the manner you have requested, we will do what we can to meet your requirements by other means. We may not be required to give you access to your Personal Information in certain circumstances which are set out in the APPs including where it may have an unreasonable impact on other individuals’ privacy. If we refuse access for such reasons, we will advise you in writing of the refusal and our reasons and the complaint mechanisms available to you.

What We Do!

We have created Hypercent to help projects launch on the Kadena blockchain. In order to achieve our goals and to provide you with better services, we are relying on the data that you share with us. For example, you share with us personal data when you are creating your account, but also, when you just use the platform even though you do not post (e.g. the type of device you are using, the IP address of your device, etc). Learn more about data collected in the section Collection and Use of Personal Data of this Data Protection Policy.

What We Don’t Do

X! We DO NOT SELL your personal data!

X! We DO NOT collect any “Special categories” of personal data (sensitive personal data) related to racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, genetic data, biometric data, data concerning health, or data concerning a natural person’s sex life or sexual orientation.

X! We DO NOT provide services to children, therefore Hypercent does NOT process the personal data of children.

Collection and Use of Personal Data

A. Personal Data We Collect

You may choose to deal with us on an anonymous basis or to use a pseudonym unless it is not practicable for us to deal with individuals who we cannot identify or we are required by law to only deal with identified individuals. Also, if you do not provide Hypercent.io with the Personal Information we request, we may be unable to process your request to become a User, provide you with our services or respond to your inquiry or complaint.

We collect the Personal Data you provide directly to us when you open a Hypercent Account, perform any transactions on the Hypercent Wallet, or use the Hypercent ecosystem.

This may include:

• Contact information, such as name, home address, and email address;
• Account information;
• Identity verification information, such as images of your government-issued ID, passport, national ID card, or driving license;

We also automatically collect certain computer, device, and browsing information when you access the Hypercent website, account, and/or other components of the Hypercent ecosystem. This information is aggregated to provide statistical data about our users’ browsing actions and patterns, and does not personally identify individuals. This information may include:

• Computer or mobile device information, including IP address, operating system, browser type.
• Website usage information.

B. Use of Cookies and Similar Technology

The Hypercent website is using cookies. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

Cookies are typically stored on your computer’s hard drive. Information collected from cookies is used by us to evaluate the effectiveness of our Site, analyse trends, and administer the Hypercent ecosystem. The information collected from cookies allows us to determine such things as which parts of our Site are most visited and difficulties our visitors may experience in accessing our Site. With this knowledge, we can improve the quality of your experience in the Hypercent ecosystem by recognising and delivering more of the most desired features and information, as well as by resolving access difficulties. We also use cookies and/or a technology known as web bugs or clear gifs, which are typically stored in emails to help us confirm your receipt of, and response to, our emails and to provide you with a more personalised experience when using our Site.

We use a third-party service provider(s), to assist us in better understanding the use of our Site. Our service provider(s) will place cookies on the hard drive of your computer and will receive information that we select that will educate us on such things as how visitors navigate around our site, what products are browsed, and general Transaction information. Our service provider(s) analyses this information and provides us with aggregate reports. The information and analysis provided by our service provider(s) will be used to assist us in better understanding our visitors’ interests in our Site and how to better serve those interests. The information collected by our service provider(s) may be linked to and combined with information that we collect about you while you are using the Hypercent ecosystem. Our service provider(s) is/are contractually restricted from using information they receive from our Site other than to assist us.

C. How we use your Personal Data​

Your information will be used for the following purposes:

• Creating and managing your account;
• Complying with applicable regulations;
• Process your Hypercent transactions;
• We will process your Personal Data only for the purpose(s) for which it has been provided to us;
• Providing operational information;
• Personalise your Hypercent experience;
• Analyze Hypercent website usage, and improve our website and website offerings.
• Help us respond to your customer service requests and support needs.
• Verify your identity in accordance with the Money Laundering applicable Regulations
• Preventing and detecting crime
• Carrying out research and statistical analysis
• The data will not be used to make automated decisions.
• Contact you about Hypercent services. The information you provide may be used to communicate information and updates related to your use of the Hypercent services. We may also occasionally communicate company news, updates, promotions, and related information relating to similar products and services provided by Hypercent.
• Promoting our services. Administer a contest, promotion, survey, or other site features as will be more explained on the website.

We do not perform behavioural tracking of a customer’s activities on our Website or across different Websites, nor do we allow third-party data collection through our Service.

What Is Our Legal Basis for Processing Your Personal Data?

We are processing your personal data because is necessary for:

• Compliance with legal obligations such as fiscal laws, regulations concerning anti-money laundering and counter-terrorism financing;
• The performance of the contract with you;

In addition to the above cases, we are processing your personal data when you consented, in an unequivocally way. For example, we need your free and express consent for promoting our services.

• If you give your consent, you have the right to withdraw your consent at any time.
• If you do not give us your consent on a specific case, we will not use your personal data for that specific case.
• If you withdraw your consent or if you do not consent that will not affect your access to our services.

However, we do not need your consent when processing your personal data is necessary for compliance with a legal obligation and for the performance of the contract with you.

Disclosing and Transferring Personal Data

We may disclose your Personal Data to third parties and legal and regulatory authorities, and transfer your Personal Data outside your jurisdiction, as described below.

A. Disclosures to Third Parties

In processing your transactions, we may share some of your Personal Data with third-party service providers who help with our business operations.

Your information will not be sold or exchanged.

Your information will not be shared with any third parties without your consent, except to provide Hypercent Services or as required by law. By using our Services and accepting our Terms of Service, you consent to the disclosure of your Personal Data as described in this Data Protection Policy.

Non-personally identifiable visitor information may or may not be provided to third parties for marketing, advertising, or other uses.

Hypercent’s third-party service providers are contractually bound to protect and use such information only for the purposes for which it was disclosed, except as otherwise required or permitted by law. We ensure that such third parties will be bound by terms no less protective than those described in this Data Protection Policy, or those we are subject to under applicable data protection laws.

B. Disclosures to Legal Authorities

We may share your Personal Data with law enforcement, data protection authorities, government officials, and other authorities when:

• Compelled by subpoena, court order, or other legal procedure.
• We believe that disclosure is necessary to prevent physical harm or financial loss.
• Disclosure is necessary to report suspected illegal activity.
• Disclosure is necessary to investigate violations of this Data Protection Policy or our Terms of Service.

However, if we have to reveal your personal data, we will inform you when the personal data is first disclosed to the recipient.

External Websites

Occasionally, the Hypercent website may provide references or links to other websites (“External Websites”). We do not control these External Websites’ third-party sites or any of the content contained therein. You agree that we are in no way responsible or liable for External Websites referenced or linked from the Hypercent website, including, but not limited to, website content, policies, failures, promotions, products, services or actions and/or any damages, losses, failures or problems caused by, related to, or arising from those sites.

External Websites have separate and independent privacy policies. We encourage you to review the policies, rules, terms, and regulations of each site that you visit. We seek to protect the integrity of our site and welcome any feedback about External Website information provided on the Hypercent website.

Security of Personal Data

You acknowledge that no data transmission over the Internet is totally secure. Accordingly, Hypercent.io does not warrant the security of any information which you transmit to it. Any information which you transmit to Hypercent.io is transmitted at your own risk. However, once Hypercent.io receives your transmission, Hypercent.io will take reasonable steps to protect your Personal Information from misuse, loss, and unauthorised access, modification, and disclosure

We use a variety of security measures to ensure the confidentiality of your Personal Data, and to protect your Personal Data from loss, theft, unauthorised access, misuse, alteration, or destruction. These security measures include, but are not limited to:

• Randomly created passwords protect accounts, directories, and databases.
• Encrypted and processed on secure infrastructure Secure Sockets Layer (SSL) technology to ensure that your information is fully encrypted and sent across the Internet securely.
• PCI Scanning to actively protect our servers from hackers and other vulnerabilities.
• A very limited number of trained personnel have access to sensitive data

Personal data that you provide during payments and transactions are governed by the payment processor’s privacy/data policy, and not by this Data Protection Policy.

Hypercent.io’s employees, agents, and contractors are required to maintain the confidentiality of Your Personal Information.

The information posted on bulletin boards or communicated within a social media environment (for example, Facebook, Twitter, Chat Rooms) becomes public information. Hypercent.io cannot guarantee the security of this type of disclosed information.

We take seriously the responsibility to exclude children from access to our services. We will not accept their information for the purposes of accessing or using the Service. It is, however, ultimately the responsibility of parents or guardians to monitor their children’s Internet activities including where appropriate by using Internet screening software.

Remember to always log out of your account when you have completed your time on the website. This is particularly important if you share a computer with another person. You are responsible for the security of and access to your own computer, mobile device, or any other handset used to access the website.

Ultimately, you are solely responsible for maintaining the secrecy of your username, password, and any account information. Please be careful whenever using the Internet and our website.

Retention of Personal Data

We retain Personal Data for as long as necessary to fulfill purposes described in this Data Protection Policy, subject to our own legal and regulatory obligations. In accordance with our record-keeping obligations, we will retain Account and other Personal Data for at least five years after an Account is closed.

Updates to this Data Protection Policy

This Data Protection Policy may be revised, modified, updated, and/or supplemented at any time, without prior notice, at the sole discretion of Hypercent. When we make changes to this Data Protection Policy, we will notify all users on our website, and make the amended Data Protection Policy available on our website.

We will publish our current Data Protection Policy on our website at www.Hypercent.io and the changes will take effect at the time of publishing. You should review this privacy policy regularly and remain familiar with its terms.

If you are unhappy with how your personal data has been processed you may in the first instance contact us at dpo@ilinmurgu.com

If you remain dissatisfied then you have the right to apply directly to the Supervisory Authority for a decision, which can be contacted at:

Romanian National Supervisory Authority for Personal Data Processing

Address:

28–30 G-ral Gheorghe Magheru Bld.

District 1, postcode 010336

Bucharest, Romania

http://www.dataprotection.ro/

We would be glad to help

If you still have questions or comments about our Data Protection Policy, please, send us a message at dpo@ilimurgu.com and we would be glad to help.

Hypercent Data Protection Policy was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

These Terms and Conditions govern the legal relationship between WONDER DEGREE(referred to herein as “Hypercent,” “the Company,” “us,” or “we”) which owns and operates the website on the Internet and the Service at www.Hypercent.io (the “Service”) and You (a person as defined in the Definition section of this Terms (hereinafter referred to as “Terms”).

You represent that you are acting on your own behalf, you are an individual resident of an eligible jurisdiction, you are at least of the age of legal majority where you live (which is currently 18 years old, in most cases), and the information you have provided to us is correct and complete. If any of the foregoing is not true, you are not eligible to use any Services, and doing so will be unauthorised and a breach of this Agreement.

IF YOU DO NOT AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS AGREEMENT OR IF ANY OF THE REPRESENTATIONS AND WARRANTIES SET FORTH IN THIS AGREEMENT IS INACCURATE AS APPLIED TO YOU, DO NOT ACCESS HYPERCENT.IO WEBSITE, AND/OR ANY PRODUCTS AND SERVICES.

NO SIGNATURE OF EITHER PARTY IS REQUIRED FOR THIS AGREEMENT TO BE LEGALLY BINDING AGAINST EACH PARTY.

Definitions

Terms used in this Agreement with their initial letters capitalised have the meanings ascribed to them in this section or where they are elsewhere defined in this Agreement. Any term defined in the singular will have the corresponding definition in the plural (and vice versa). As used in this Agreement:

“Account” — means your account with Hypercent as described and governed by this Agreement.

“Affiliate” — means, with respect to any entity, any other entity that, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with, such entity. The term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, whether through the ownership of voting securities, by contract, or otherwise.

“Agreement” — means these Terms of Service and all Attachments.

“Confidential Information” — means all non-public information disclosed by one party to the other in connection with this Agreement that the disclosing party marks as confidential or which the receiving party should reasonably know to be the confidential information of the other party.

“Eligible jurisdiction” — means any jurisdiction that is not prohibited. (See Prohibited jurisdictions)

“HYPE” — means digital utility token issued by Hypercent with a fixed supply of 10.000.000,00 (ten million) tokens.

“Hypercent Launchpad” — means the platform developed by Hypercent to help projects launch on the Kadena blockchain.

Hypercent Wallet — means a digital wallet developed by Hypercent that includes a Chainweb Account (Kadena’s Blockchain.

“Kadena” — means a public blockchain and it is a braided, parallelised proof-of-work consensus mechanism https://docs.kadena.io/basics/whitepapers/overview

“KDA” — means a digital currency that is used to pay for compute on the Kadena public chain. (https://docs.kadena.io/basics/kda/what-is-kda)

“IDO” or “Initial Dex Offering” is a crowdfunding form in the crypto world.

“Party” — means you or us, as applicable, and “Parties” means you and us collectively.

“Person” — means any individual, organisation, business, partnership, entity, corporation, or government.

“Prohibited jurisdiction” — means the United States, Afghanistan, Belarus, Bosnia and Herzegovina, British Virgin Islands, Burma (Myanmar), Central African Republic, Côte D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Democratic People’s Republic of Korea (North Korea), Eritrea, Ethiopia, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Russia, Somalia, South Sudan, Sudan, Syria, Uganda, Vanuatu, Venezuela, Yemen, and Zimbabwe.

“STARDUST” — is a non-tradeable digital token that can be earned and is the fuel of our platform, and it is the asset that will allow owners to make decisions.

“TIME” — means digital tokens resulted as burning or staking Stardust

“You” — means an individual resident of an eligible jurisdiction, at least of the age of legal majority in your jurisdiction

Your Hypercent Account

REGISTRATION AND QUALIFICATIONS

To use certain Services, you may be asked to have or to create an account (“Account”). When you create an Account, you provide information about yourself. In order to comply with regulation requirements, we may ask for information that will allow us to reasonably identify you, requiring you to take steps to confirm your information against third-party databases or through other sources. In addition, we may also ask you for identifying documents to help us validate your identity.

The information we request and you have to provide may include, without limitation, personally identifiable information such as network address, name, email, address, telephone number, date of birth, taxpayer identification, official government-issued photo identification, wallet address, or other information we may reasonably deem helpful in satisfying our risk management or legal obligations.

You must be qualified and receive approval from Hypercent to use any service. Whether you are qualified and whether any use of any Service is approved is determined by Hypercent at its sole discretion. Without limiting the foregoing, Hypercent may make such determinations when you request to open an account, when you request an additional Service when you attempt to make a purchase, and/or at any other time that Hypercent deems to be appropriate. Hypercent may close, suspend, restrict, or limit your account and/or your use of or ability to transact in connection with any Service in Hypercent’s sole discretion at any time for any reason without notice to you.

Hypercent reserves the right to close, suspend, or limit access to your Account in the event we are unable to obtain or verify this information.

AGREEMENT TO PROVIDE ACCURATE INFORMATION

You agree that when you provide information to Hypercent, you will only and at all times provide true, accurate, current, non-misleading, and complete information, and you agree not to misrepresent your identity or any of your account information or related details. You further agree to keep your account information up to date and accurate to update your information promptly but in no event later than 14 days following any change in your information. Failure to provide information or update it promptly may result in Services or funds being unavailable to you.

YOUR SUBMITTED DATA

You are wholly responsible for any data you transmit to Hypercent (“Submitted Data”), whether such data consists of pictures, artwork, text, or other data types, such as audio, video, or multimedia. It is illegal to reproduce or distribute copyrighted material without the permission of the copyright owner or to use trademarks without the permission of the trademark owner. You are responsible for ensuring that no Submitted Data you transmit to Hypercent violates any copyright or trademark right and that it complies with these Terms. Before transmitting Submitted Data to Hypercent, you should ensure that such Submitted Data is in the public domain and therefore not subject to copyright protection, or that you have the consent of the copyright or trademark owner to use the material. By uploading Submitted Data to Hypercent, or integration into any Hypercent service or product, for processing, sharing, storage, or fulfilment: (i) you grant us a limited, royalty-free, and non-exclusive license to use, adapt, transmit, transfer, store, copy and display the Submitted Data solely in connection with our providing products and/or services to you; and (ii) you represent and warrant to us that the Submitted Data is in the public domain; or that you have all right, title and interest in and to all copyrights in the Submitted Data, or that you have the express permission to copy and use such Submitted Data for all purposes related to the products you order through the Site. You further represent that the Submitted Data does not violate or infringe upon the proprietary rights (including privacy, moral or publicity rights) of others.

SUBMITTED DATA CONTENT POLICY AND ACKNOWLEDGEMENT

You may not upload to the Website any material, whether text, images, or otherwise, that (a) infringes any copyright, trademark, right of privacy, right of publicity, or any other right of a third party, including without limitation, images of celebrities, actors, musicians, sports figures, politicians, cartoon characters or public figures of any kind; (b) is unlawful, threatening, abusive, libellous, defamatory, obscene, pornographic, profane or offensive to the community or to any reasonable segment thereof, or © phone numbers, addresses, account numbers, personalised identification numbers or URL addresses (collectively, “Inappropriate Content”). The content of the Submitted Data you submit is governed by applicable laws (including laws that prohibit infringement of copyrights and trademarks, obscenity, pornography, child pornography, or child abuse). We have no obligation to monitor the Submitted Data. However, we (and our licensees, suppliers, fulfillers, or otherwise any of our Third-Party associates) reserve the right at all times to review the Submitted Data, to disclose the Submitted Data as necessary to satisfy any laws, regulations, or governmental requests, and to report any potential violations of law to law enforcement authorities, to refuse to post or transmit the Submitted Data, to remove the Submitted Data, and to refuse to perform any orders for processing or fulfilment for Submitted Data that are, in our sole judgment and discretion, (or in the sole judgment and discretion of any of the entities described above), objectionable or in violation of these Terms. Any such violation may be considered by Hypercent in its sole discretion as sufficient grounds to suspend or delete your Account.

SUBMITTED DATA GUIDELINES

Hypercent reserves the right to determine at its sole discretion, whether Submitted Data will be accepted for incorporation into any product or services. If Hypercent does not approve the Submitted Data, we will notify you by email that your submission has been rejected. At such time you may submit another image for consideration in a subsequent order. In the event that the Submitted Data can be supported in multimedia formats, please consider that image files can be in .JPEG, .GIF, or .PNG formats; small images will reproduce poorly when printed, increasing the scale of your image may cause it to print poorly, the bigger the image you choose, the longer it will take to upload, and the time your image takes to upload depends on your own internet connection speed.

Access to your account

You are responsible for maintaining the secrecy of the login credentials to your Hypercent Account. You agree to establish reasonable security procedures and controls to limit access to your password or other identifying information to authorised individuals, which includes choosing passwords and other credentials in a manner that will protect the security of your information. Your credentials include your username and password to your Hypercent Account and to any third-party account you have used to log in to your Hypercent Account.

Please notify us immediately of the loss, theft, or possible unauthorized use of your account at support@hypercent.io

If you permit any person to use your account information, login, or other details with the authorization to obtain credit on your account, you will be liable for all transactions made by that person including transactions for which you may not have intended to be liable. Further, you acknowledge and agree that you will not hold Hypercent responsible for, and will indemnify Hypercent from, any liability arising from the actions or inactions of this third party in connection with the permissions you grant. Authorized users of this account may have the same access to information about the account and its users as the account holders. Notice to any of you will be considered notice to all of you. We do not advise you to share your account details with other users, but we will consider someone to be an authorized user on your account if you: (1) notify us in writing that you want someone (such as a trustee, executor, or spouse) added to your account as an authorized user; (2) lend or otherwise intentionally give your account access details to another; or (3) take any other action in which you would be legally considered to have allowed another to use your account or to be legally prevented from denying that you did so. You must think carefully before you allow anyone to become an authorized user. By doing so, you authorize the person to use your account to the same extent you can, including but not limited to making any purchases and allowing others to use your account. Your account does not permit you to limit the nature or amount of authority you give to any authorized user and you will not attempt to do so. An authorized user’s authority will continue until you both notify us that you are terminating the authority and you create new access details (i.e. login and/or password).

USE OF YOUR ACCOUNT AND THE SERVICES

You will spend your own crypto. You may not use or permit your account to be used to make any illegal transaction.

You may not sell, assign or transfer any of your rights or duties under this Agreement or your account. If your account is closed, you must stop using it. You must still pay the full amount you owe and this Agreement will remain in effect until you do.

SUSPENSION OR CLOSURE OF YOUR ACCOUNT

We reserve the right to suspend or terminate your Account if you provide inaccurate, untrue, or incomplete information, or if you fail to comply with the Account registration requirements or these Terms.

We may suspend or terminate your access to and use of the Site or Services at any time, for any reason, in our sole and absolute discretion, without incurring liability of any kind to you as a result of such suspension or termination.

You acknowledge and understand that, in certain circumstances, such as if you lose or forget your password for your Wallet, you will need to use a recovery phrase to access any cryptocurrency stored in your wallet (the “ Recovery Phrase “). You are solely responsible for the retention and security of your Recovery Phrase. Your Recovery Phrase is the only way to restore access to the cryptocurrency stored in your Wallet if you lose access to your Wallet. Anyone who knows your Recovery Phrase can access, transfer or spend your cryptocurrency. If you lose your Recovery Phrase, you may not be able to access, transfer or spend your cryptocurrency. You acknowledge and agree that Hypercent does not store and is not responsible in any way for the security of your Recovery Phrase and you agree to hold Hypercent, its affiliates, representatives, agents, and personnel harmless and that no such party shall be liable in any way in the event you lose your Recovery Phrase and cannot access, transfer or spend your cryptocurrency. You bear sole responsibility for any loss of your cryptocurrency due to failure to retain and/or secure your Recovery Phrase.

Hypercent rights and obligations

Hypercent develops, operates, and maintains the Hypercent ecosystem, including the Hypercent Launchpad to help projects to be launched.

Hypercent creates a pool of 4.000.000,00 (four million) HYPE that has a hard cap at 2.000.000,00 (two million) USD expressed in KDA.

Hypercent allows a maximum allocation of 1.500,00 USD (in KDA) for each participant account.

Hypercent grants You a non-exclusive, personal, non-transferable right to access and use the Hypercent Account end/or Hypercent ecosystem on your personal computer or other devices that access the Internet in order to access and use the services available and described on the Hypercent.io website, subject to the terms and conditions contained herein.

The Hypercent Account end/or Hypercent ecosystem is not for use by (i) minors and individuals under the age of 18 years, (ii) individuals who can be considered minors or under the age of majority adulthood in their specific jurisdiction(s) (iii) individuals accessing or using the Hypercent Account end/or Hypercent ecosystem from any jurisdiction in which it is illegal to do so. You are entirely responsible to determine whether or not the use of the Service is lawful in your jurisdiction.

Hypercent and its licensors are the sole holders of all rights in and to the Hypercent ecosystem and code, technology, organization and structure, architecture, including copyright, trade secrets, intellectual property, and other rights. You may not: (a) copy, create derivative works, distribute, publish, reverse engineer, decompile, disassemble, modify, or translate the Hypercent website or the Hypercent ecosystem; or (b) use the Hypercent Account and/or any component of the Hypercent ecosystem that in any way is prohibited by applicable laws or regulations.

Hypercent reserves any and all rights implied or otherwise, which are not expressly granted to You hereunder and retain all rights, title, and interest in and to the Hypercent ecosystem. You agree that you will be solely liable for any damage, costs, or expenses arising out of or in connection with the commission by you of any Unauthorised Use. You shall notify Hypercent immediately upon becoming aware of the commission by any person of any Unauthorised Use and shall provide Hypercent with reasonable assistance with any investigations it conducts in light of the information provided by you in this respect.

The term “Hypercent”, its domain names, and any other trademarks, or service marks Hypercent. In addition, all content on the website, including, but not limited to, the images, pictures, graphics, photographs, animations, videos, music, audio, and text (the “Site Content”) belongs to Hypercent and is protected by copyright and/or other intellectual property or other rights. You hereby acknowledge that by using the Service, you obtain no rights in the Site Content and/or the Trade Marks, or any part thereof. Under no circumstances may you use the Site Content and/or the Trade Marks without Hypercent’s prior written consent. Additionally, you agree not to do anything that will harm or potentially harm the rights, including the intellectual property rights of Hypercent.

You agree to:

Use the Services only if it is not prohibited by applicable law, you are at all times compliant with applicable law, including but not limited to regulations on anti-money laundering (AML), anti-corruption and anti-bribery, and counter-terrorist financing (“CTF”);

Use only your tokens, including but not limited to KDA, HYPE, STARDUST, and TIME and not any token owned by any other third party.

Lockup tokens for the required period. You understand and agree that you will be able to unlock and withdraw the staked tokens only after the staking period has ended. To be very clear, you will not be able to withdraw the tokens before the lockup period ends.

YOU ARE SOLELY RESPONSIBLE FOR MAINTAINING THE SECURITY OF YOUR ACCOUNT, MNEMONIC KEY, AND ANY OTHER INFORMATION AT ALL TIMES.

You are expected to have knowledge and understanding of blockchain technology, tokens, accounts, key, KADENA, KDA, HYPE, STARDUST, TIME, and any other relevant information.

You are expected to have conducted your own thorough investigation of the Hypercent IDO, Hypercent ecosystem, and other matters considered in this Agreement in determining to participate in the IDO.

IT IS STRICTLY FORBIDDEN FOR YOU TO DISCLOSE THE DEPOSIT ADDRESS OF YOUR TOKENS TO ANY THIRD PARTY, NOR TO INDUCE THIRD PARTIES TO USE THE HYPERCENT ECOSYSTEM DIRECTLY OR INDIRECTLY.

Upon the termination of this Agreement, provided that You are not in material breach of this Agreement, you will be able to claim your deposited tokens.

Availability

The Hypercent ecosystem is available through the Internet, and You acknowledge that access to the Hypercent ecosystem depends on numerous factors, technologies, and systems, all of which are beyond the authority and control of Hypercent.

You acknowledge and agree that Hypercent shall not be liable or responsible for any inability to access or use the Hypercent ecosystem due to blockchain and/or computer network issues.

You acknowledge and agrees that Hypercent may employ, delegate, engage, associate, or contract with one or more affiliates, agents, or service providers as the Hypercent may deem necessary or desirable to assist it in providing access to the Account and/or Hypercent ecosystem or discharging its other obligations under this Agreement; provided, however, that the Company shall be as responsible to You for the acts and omissions of any such affiliates, agents or service providers as it is for its own acts and omissions under this Agreement.

Access and Restrictions on Use

Access

Access and use of the Hypercent ecosystem are limited to the owners of Hypercent Accounts.

You shall not permit any other entity or person to use your Hypercent Account and/or Hypercent ecosystem and You shall immediately notify the Company of any unauthorized use of your Hypercent Account and/or Hypercent ecosystem.

Certain Restrictions and Limitations

You are solely responsible for all information and the usage that You make available via the Hypercent ecosystem.

You agree that you shall not use the Service:

• in a manner that negatively affects other users or interferes with or disrupts the Hypercent ecosystem.
• in any manner that intentionally or unintentionally violates any applicable law, regulation, or sanctions.

Prohibited Uses

Prior to your use of the Hypercent Account and/or Hypercent ecosystem and on an ongoing basis you represent, warrant, covenant, and agree that:

The Hypercent Account and/or Hypercent ecosystem is intended solely for your personal use. You are the only one allowed to use the Hypercent Account and/or Hypercent ecosystem for personal use, and may not create multiple accounts, including for the purpose of collusion and/or abuse of service.

The Hypercent Account and/or Hypercent ecosystem is provided AS IS, and any exploitation of the Service or errors in program logic and/or code (bugs) constitutes a Prohibited Use and a material breach of this Agreement. Any funds the user may misappropriate in this manner pursuant to this clause shall be considered void and the immediate property of Hypercent, without limit.

Persons located in or residents of the ”Prohibited Jurisdictions” are not permitted to make use of the Hypercent Account and/or Hypercent ecosystem. For the avoidance of doubt, the foregoing restrictions on Hypercent Account and/or Hypercent ecosystem from Prohibited Jurisdictions apply equally to residents and citizens of other nations while located in a Prohibited Jurisdiction. Any attempt to circumvent the restrictions on usage by any persons located in a Prohibited Jurisdiction or Restricted Jurisdiction is a breach of this Agreement. An attempt at circumvention includes, but is not limited to, manipulating the information used by Hypercent to identify your location and providing Hypercent with false or misleading information regarding your location or place of residence.

You shall not:

1) Reverse engineer, decompile, disassemble, or otherwise attempt to discern the source code or interface protocols of the Hypercent Account and/or any other component of the Hypercent ecosystem;

2) Modify, adapt, or translate the Hypercent Account and/or any other component of the Hypercent ecosystem;

3) Make any copies of the Hypercent Account and/or any other component of the Hypercent ecosystem;

4) Resell, distribute, or sublicense the Hypercent Account and/or any other component of the Hypercent ecosystem;

5) Remove or modify any proprietary marking or restrictive legends placed on the Hypercent Account and/or any other component of the Hypercent ecosystem;

6) Use the Hypercent Account and/or any other component of the Hypercent ecosystem (A) in violation of any law or regulation, (B) to build a competitive product or service, or © for any purpose other than to perform this Agreement;

7) Introduce, post, upload, transmit, or otherwise make available to or from the Hypercent Account and/or any other component of the Hypercent ecosystem any Prohibited Content;

8) Send or store malicious code in connection with the Hypercent Account and/or any other component of the Hypercent ecosystem or otherwise interfere with or disrupt the performance of the Hypercent Account and/or any other component of the Hypercent ecosystem;

9) Use the Services to transmit any data or send or upload any material that contains viruses, Trojan horses, worms, time-bombs, keystroke loggers, spyware, adware, or any other harmful programs or computer code designed to adversely affect the operation of any computer software or hardware;

10) Use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy, monitor, replicate or bypass the Site or the Services;

11) Make any back-up or archival copies of the Site or any part thereof, including disassembling or de-compilation of the Site;

12) Reverse look-up, track, or seek to track any information of any other Users or visitors of the Site or Services;

13) Use manual or automated tools to scan or probe the Hypercent Account and/or any other component of the Hypercent ecosystem in order to determine vulnerabilities;

14) Attempt to gain access to the Hypercent Account and/or any other component of the Hypercent ecosystem or its related systems or networks in a manner inconsistent with the permitted use of the Hypercent Account and/or any other component of the Hypercent ecosystem;

15) Forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to Hypercent or the Site.

You shall not authorize, permit, or encourage any third party to:

• Reverse engineer, decompile, disassemble, or otherwise attempt to discern the source code or interface protocols of the Hypercent Account and/or any other component of the Hypercent ecosystem;
• Modify, adapt, or translate the Hypercent Account and/or any other component of the Hypercent ecosystem;
• Make any copies of the Hypercent Account and/or any other component of the Hypercent ecosystem;
• Resell, distribute, or sublicense the Hypercent Account and/or any other component of the Hypercent ecosystem;
• Remove or modify any proprietary marking or restrictive legends placed on the Hypercent Account and/or any other component of the Hypercent ecosystem;
• Use the Hypercent Account and/or any other component of the Hypercent ecosystem (A) in violation of any law or regulation, (B) to build a competitive product or service, or © for any purpose other than to perform this Agreement;
• Introduce, post, upload, transmit, or otherwise make available to or from the Hypercent Account and/or any other component of the Hypercent ecosystem any Prohibited Content;
• You shall bear the risk of loss for, and assume all liability arising from, any unauthorized or fraudulent usage of the Hypercent Account and/or any other component of the Hypercent ecosystem;

Hypercent reserves the right but is not required, to take any and all action it deems appropriate, including, without limitation, blocking access to geographic areas or suspending access to Hypercent Account and/or any other component of the Hypercent ecosystem in order to prevent or terminate any fraud, abuse or illegal use of or activities in connection with the Hypercent Account and/or any other component of the Hypercent ecosystem or any other breach of this section, provided, however, that any such action by Hypercent shall be consistent with applicable laws, rules, and regulations.

By accessing the Services, you agree that we have the right to investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions under relevant regulations without your consent or prior notice.

Commitments

Hypercent has made no commitments or promises orally or in writing with respect to delivery of any future features or functions of the Hypercent Account and/or any other component of the Hypercent ecosystem.

In relation to any future features or functions, all presentations, request for proposal responses, and/or product roadmap documents, information, or discussions, either prior to or following the entering into of this Agreement, are for informational purposes only, and Hypercent shall have no obligation to provide any future releases or upgrades or any features, enhancements or functions unless specifically agreed to in writing by both parties.

You acknowledge that You did not make any decisions based upon any future features or functions of the Hypercent Account and/or any other component of the Hypercent ecosystem.

Discontinuation

Hypercent reserves the right to discontinue the Hypercent Account and/or any other component of the Hypercent ecosystem, or any part of it at any time for any or no reason. If the Company decides to discontinue the Hypercent Account and/or any other component of the Hypercent ecosystem, or any part of it, we will publically announce our intention to do so providing a minimum of 30 days’ notice using public channels including our website, blog, and Telegram group.

Termination

Either party may terminate this agreement at any time for any or no reason.

Upon termination of this Agreement, all licenses to access and use the Hypercent Account and/or any other component of the Hypercent ecosystem will likewise terminate, and You will immediately thereafter discontinue all such access and use.

Any obligations and duties that by their nature extend beyond the expiration or termination of this Agreement will survive the expiration or termination of this Agreement including, without limitation, deposits, rewards, confidentiality obligations, warranty disclaimers, indemnification, and limitations of liability.

Intellectual Property

The company owns and shall retain all rights, title, and interest in and to the Hypercent Account and/or any other component of the Hypercent ecosystem, all components thereof, including without limitation all related applications, all application programming interfaces, user interface designs, software, and source code, and any and all intellectual property rights therein, including, without limitation all registered or unregistered (a) copyright, (b) trademarks, © service marks, (d) trade secret, (e) trade name, (f) data or database rights, (g) design rights, (h) moral rights, (i) inventions, whether or not capable of protection by patent or registration, (j) rights in commercial information or technical information, including know-how, research and development data and manufacturing methods, (k) patent and (l) other intellectual property and ownership rights, including applications for the grant of any of the same, in or to the Hypercent Account and/or any other component of the Hypercent ecosystem and all other related proprietary rights of Hypercent (together, with any and all enhancements, corrections, bug fixes, updates and other modifications to any of the foregoing and any and all data or information of any kind transmitted by means of any of the foregoing, the “Proprietary Information”).

You acknowledge and agree that You shall not reverse engineer, copy, bug fix, correct, update, transfer, reproduce, republish, broadcast, create derivative works based on, or otherwise modify, in any manner, all or any part of the Hypercent Account and/or any other component of the Hypercent ecosystem, or the Proprietary Information.

You further agree to keep, the Proprietary Information confidential and not to transfer, rent, lease, loan, sell or distribute, directly or indirectly, all or any portion of the Hypercent Account and/or any other component of the Hypercent ecosystem, or any Proprietary Information to any third party without the prior written consent of Hypercent.

Confidentiality

All information provided under this Agreement by a party (the “Disclosing Party”) to the other party (the “Receiving Party”) regarding the Disclosing Party’s business and operations, including without limitation the terms of this Agreement, shall be treated as confidential (“Confidential Information”).

All confidential information provided under this Agreement by Disclosing Party shall be used, including disclosure to third parties, by the Receiving Party or its agents or service providers, solely for the purpose of performing or receiving the Service and discharging the Receiving Party’s other obligations under this Agreement or managing the business of the Receiving Party and its affiliates, including financial and operational management and reporting, risk management, legal and regulatory compliance, and client service management. However, information is not confidential to the extent (i) it is or becomes publicly available other than through a breach of this Agreement, (ii) it is independently derived by the Receiving Party without the use of any information provided by the Disclosing Party in connection with this Agreement, (iii) it is disclosed to comply with any legal or regulatory proceeding, investigation, audit, examination, subpoena, civil investigative demand or other similar processes, (iv) it is disclosed as required by operation of law or regulation, or (v) where the party seeking to disclose has received the prior written consent of the party providing the information, which consent shall not be unreasonably withheld.

Data Privacy

All data is used according to the Hypercent Data Privacy Policy and the GDPR.

Representations and Warranties

Mutual Representations and Warranties

Each party represents and warrants to the other party that it has the requisite power and authority to enter into this Agreement and to carry out all activities and transactions contemplated hereunder.

Your Representation and Warranties

In addition to the representations and warranties set forth in the Mutual Representations and Warranties section, You represent and warrant to the Company that You have all rights, title, and interest in and to the tokens that you deposit if you are using your Wallet (Account).

The execution, delivery, and performance of this Agreement by You (i) do and will not conflict with or violate any Law, and (ii) are not in violation or breach of, and will not conflict with or constitute a default under, any contract, agreement, or commitment binding upon You.

You are not entering into this Agreement or for the purpose of making an investment with respect to the Company, but instead, and only, to receive access to the Hypercent ecosystem.

To the extent applicable to You, You warrants to the Company that:

Knowledge & expertise: You have in full and that You understand and agree with this Agreement, the information provided regarding Hypercent ecosystem, and You have adequate knowledge and expertise of distributed ledger/blockchain technologies, tokens, accounts, keys.

Due diligence: You have conducted your own, independent, thorough, and positive due diligence on the Hypercent ecosystem, and other matters considered in this Agreement in determining to use the Hypercent ecosystem.

Risks: You understand and agree that being a Party of this Agreement may be subject to material underlying risks, such as liquidity risks (e.g. locking periods), market risks, credit/counter party risks, slashing risks, blockchain risks, and/or other operational risks.

Own account: You are acting on your behalf, using your own account and you made your decision to enter into this Agreement independently and as to whether this Agreement is appropriate or proper for the Licensee based upon your own judgment and upon advice from such advisers as You have deemed necessary.

Sanctions & embargoes: You are not on the US OFAC, United Nations, European Union sanctions/embargo.

Company’s Limited Warranty

HYPERCENT AND ITS AFFILIATES MAKE NO COMMITMENTS OR WARRANTIES ABOUT THE CONTENT, RELIABILITY, OR AVAILABILITY OF THE SERVICES OR FOR ANY BREACH OF SECURITY ASSOCIATED WITH THE TRANSMISSION OF SENSITIVE INFORMATION THROUGH THE SERVICES. HYPERCENT AND ITS AFFILIATES DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF ANY KIND WITH RESPECT TO THE SERVICES, INCLUDING ANY WARRANTY REGARDING NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. HYPERCENT AND ITS AFFILIATES SHALL NOT BE RESPONSIBLE FOR ANY SERVICE INTERRUPTIONS, INCLUDING, BUT NOT LIMITED TO, SYSTEM FAILURES OR OTHER INTERRUPTIONS THAT MAY AFFECT THE RECEIPT, PROCESSING, ACCEPTANCE, COMPLETION, OR SETTLEMENT OF PAYMENT TRANSACTIONS OR THE SERVICES.

YOU ACKNOWLEDGE AND AGREE THAT EXCEPT AS SET FORTH IN THE PREVIOUS SECTION, THE SERVICE, INCLUDING, WITHOUT LIMITATION, THE BLOCKCHAIN DATA AND THE INFORMATION CONTAINED THEREIN, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. HYPERCENT MAKES NO REPRESENTATION OR WARRANTY THAT THE SERVICE WILL COMPLY WITH ANY OBLIGATIONS THAT YOU MAY HAVE UNDER ANY APPLICABLE LAWS, RULES, REGULATIONS, OR SIMILAR OBLIGATIONS, AND HYPERCENT SHALL NOT HAVE ANY LIABILITY OR BE RESPONSIBLE FOR ANY DAMAGES, LIABILITIES, SLASHING PENALTIES, LOSSES, COSTS, OUT-OF-POCKET COSTS OR EXPENSES (INCLUDING ATTORNEYS’ FEES), WHETHER DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, PUNITIVE OR OTHERWISE OF ANY KIND ARISING OUT OF, IN CONNECTION WITH OR RELATING TO YOUR COMPLIANCE WITH ANY OBLIGATIONS UNDER ANY APPLICABLE LAWS, RULES, REGULATIONS, OR SIMILAR OBLIGATIONS. WITHOUT LIMITING THE FOREGOING, HYPERCENT DOES NOT REPRESENT OR WARRANT THAT (I) THE SERVICE WILL BE ERROR-FREE, UNINTERRUPTED, OR AVAILABLE AT ALL TIMES; (II) THAT THE SERVICE WILL REMAIN COMPATIBLE WITH, OR OPERATE WITHOUT INTERRUPTION ON, ANY EQUIPMENT PROVIDED BY YOU. (III) YOU ACKNOWLEDGE AND AGREE THAT TECHNICAL PROBLEMS MAY PREVENT HYPERCENT FROM PROVIDING ALL OR ANY PART OF THE SERVICE AND (IV) EXCEPT AS SET FORTH IN THE FIRST SENTENCE OF THIS SECTION, HYPERCENT MAKES NO WARRANTIES AND YOU RECEIVE NO WARRANTIES, WHETHER EXPRESS, IMPLIED, OR STATUTORY, REGARDING OR RELATING TO THE SERVICE AND HYPERCENT HEREBY SPECIFICALLY DISCLAIMS, OVERRIDES AND EXCLUDES. TO THE FULLEST EXTENT PERMITTED BY LAW, ALL IMPLIED WARRANTIES OF MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE AND ALL OTHER WARRANTIES, CONDITIONS, OTHER CONTRACTUAL TERMS, REPRESENTATIONS, INDEMNITIES, AND GUARANTEES WITH RESPECT TO THE SERVICE, WHETHER EXPRESS, IMPLIED, OR STATUTORY, ARISING BY LAW, CUSTOM, PRIOR ORAL OR WRITTEN STATEMENTS BY HYPERCENT OR ANY OF ITS AGENTS OR AFFILIATES OR OTHERWISE (INCLUDING BUT NOT LIMITED TO, AS TO TITLE, SATISFACTORY QUALITY, ACCURACY, COMPLETENESS, UNINTERRUPTED USE, NON-INFRINGEMENT, TIMELINESS, TRUTHFULNESS, SEQUENCE, AND ANY IMPLIED WARRANTIES, CONDITIONS AND OTHER CONTRACTUAL TERMS ARISING FROM TRANSACTION USAGE, COURSE OF DEALING OR COURSE OF PERFORMANCE). NOTWITHSTANDING ANY OTHER PROVISION OF THIS AGREEMENT, HYPERCENT WILL NOT BE LIABLE FOR ANY INDIRECT, SPECIAL, AND / OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT. SPECIFICALLY, HYPERCENT WILL NOT BE LIABLE FOR YOUR LOSSES ARISING FROM SLASHING PENALTIES. IN NO EVENT WILL HYPERCENT S AGGREGATE LIABILITY UNDER THIS AGREEMENT, WHETHER BASED IN CONTRACT, EQUITY, NEGLIGENCE, TORT, OR OTHERWISE EXCEED THE NET REWARDS PAID TO YOU HEREUNDER DURING THE PERIOD SIX (6) MONTHS PRIOR TO THE EVENT GIVING RISE TO THE CLAIM.

Warranty for Third-Party

Hypercent will not be held liable for any Defects of the source codes and software which are used to provide access or use the Hypercent Account and/or any other component of the Hypercent ecosystem but are not proprietary of Hypercent, such as open-source codes.

Warranty for Blockchain Technology

Hypercent shall not be held liable for any and all damages caused by the blockchain technologies, for any cause including, but not limited to forks, network congestions, bugs, actions whatsoever of any kinds in any jurisdictions, actions for breach of contract or tort, provided that Hypercent did not act with intent or gross negligence. In particular, Hypercent shall not be liable for any indirect, incidental, special, exemplary, or consequential damages, including for loss of profits, goodwill, or data loss, arising out of this Agreement.

Risk Disclaimer

Risks of Legal Uncertainty. Blockchain, cryptocurrency, and crypto assets have been subject to the regulatory burden in different countries. Some decisions of the countries may cause the malfunctioning of the Company or Token, including but not limited to, prohibitions and limits on the ownership or use of crypto tokens like Token.

Risk of Losing Access to Token Due to Loss of Credentials. Your Token may be associated with your account until Token is distributed to you. Your account can only be accessed with login credentials opted for by you. The loss of such credentials may result in the loss of Token. It is recommended to store these credentials in a safe place, preferably, with an opportunity to back-up such credentials.

Risks Related to Your Credentials. Any third party that gains access to your login credentials or private keys may dispose of your Token. To avoid such risks, you shall take appropriate security and technical measures.

Risk that the Company Will Change Its Plans and Strategy. The Company undertakes the Sale which depends on many factors and third-party decisions. Your expectancy with regard to the Token or the Company may differ from the reality for a number of reasons including, but not limited to, the Company’s views with regard to the performance of its strategy or plans.

Risk of Insufficient Interest in the Company or its projects. There is a probability that the Company will not be interested by a number of individuals and legal entities. Such a lack of interest could cause the Company, value of Token or other projects of the Company.

Risk of Malfunction in the Company. There is a risk of the Company’s malfunction causing the loss or decrease of Token.

Risk of an Illiquid Market for Token. At the time of publication of this document, Token may not be traded on exchanges. Upon being present on an exchange Token may cause fraud, experience security failures, or other similar issues. These events may cause a reduction in the value or liquidity of Token.

Risk of Dissolution of the Token. There is a risk of unfavorable decreases of the value of Token. This may result in the impossibility to undertake Company’s business and may dissolve Token or to fail to launch Token.

Risk of Cryptography. The development of cryptography or other technical means may cause risks to cryptocurrencies, the Company’s services, and Token.

Risk of Security. No company in the world can guarantee 100% security of its platforms and services. There may be mistakes intentionally or unintentionally left which may cause insecurity of the Token.

Risk of Theft and Hacking. Thieves, hackers, other groups, or criminal organizations may interfere with the Company or Token in various ways, including, but not limited to, DOS or DDoS attacks, man-in-the-middle attack, smurfing, spoofing, malware attacks, or other attacks which may cause the interference to the Company’s activity, Sale, or Token.

Other Unexpected Risks. Cryptocurrency and tokens are fresh and new technology. Countries may impose regulatory and legal burdens, and other changes in cryptocurrency and tokens may happen. We naturally cannot predict them. That is why the Company cannot foresee them.

Indemnification

You (in such capacity, the “Indemnifying Party“) hereby warrant, guarantee, and irrevocably undertake to indemnify and hold harmless the Company, the Company, and its affiliates or subsidiaries, and their respective officers, directors, employees, and agents (together, the “Indemnified Party“) against all costs, expenses, fines, penalties, losses, judgments, damages, liabilities and other amounts (including without prejudice to the generality of the foregoing, lawyers’, actuaries’, accountants’ and experts’ fees and settlement amounts) arising out of any suit, claim or proceeding in connection with this Agreement and resulting from (Í) any failure of the Intermediary to comply with any or all of the terms of this Agreement; (ii) any breach of any representation or warranty by the Intermediary or (iii) any act or omission by the Intermediary, any affiliate or subsidiary, or any officer, director, employer, or agent of each of the foregoing.

Indemnified Party in connection with any third-party (including governmental) action, claim, proceeding, or any other damage, cost or liability (each, a “Claim“) arising from or in connection with the Indemnifying Party’s breach or non-performance of its covenants and representations and warranties under this Agreement; provided that the foregoing obligations shall be subject to the Indemnified Party providing the Indemnifying Party, at the expense of the Indemnifying Party, with reasonable cooperation in the defense of the Claim. For clarity, the Indemnified Party shall be entitled to maintain sole control over the defense and negotiations of the Claim for a settlement or other resolution, and the same shall not waive or reduce the obligations of the Indemnifying Party hereunder.

Limitation of Liability

You acknowledge and agree that we shall not have any liability in or be responsible for any damages, liabilities, losses, costs, out of pocket costs, or expenses (including attorneys’ fees), whether direct, indirect, special, incidental, consequential, punitive, or otherwise of any kind (including, without limitation, any loss of revenue, loss of actual or anticipated profits, loss of contracts, loss of the use of money, loss of anticipated savings, loss of business, loss of opportunity, loss of goodwill, loss of reputation or loss of, damage to or corruption of data), in each case arising under or related to claims of breach of contract, tort, including negligence, strict liability, negligent misrepresentation, restitution, breach of statutory duty or any other cause of action whatsoever with respect to this Agreement, the Hypercent Account and/or any other component of the Hypercent ecosystem or any other matters or services contemplated hereby.

Notwithstanding anything to the contrary herein and without limiting the foregoing, You acknowledge and agree, that the Company shall not be liable for: the failure of any Transaction or Transfer through the Hypercent Account and/or any other component of the Hypercent ecosystem to perform its settlement or other obligations under such Transaction or (ii) the failure of the Hypercent Account and/or any other component of the Hypercent ecosystem to deliver, display or transmit orders, messages or other data entered by You. As a consequence, the Company shall not be held liable for: any loss or theft of digital assets including, but not limited to private keys; transaction errors done by You; late execution or settlement of any transaction whatsoever, in particular, if the system is down or if the blockchain is down or congested; the incorrect booking of transactions or the presence of an error in ordering the booking of transactions in a blockchain; any security breach or weakness, bug, of any kind for a digital asset; any security breach or weakness, bug, of any kind in the technology stacks used including but not limited to programming languages and open-source libraries; any configuration or installation errors by You.

By using Hypercent Account and/or any other component of the Hypercent ecosystem, acquiring and using tokens, and participating in IDO and/or any other event, you agree to not hold the Company or its affiliates, representations, agencies, managers, directors, employees, entities, owners, founders liable for any loss or damages, whether incidental or consequential, arising from, or connected to the Hypercent Account and/or any other component of the Hypercent ecosystem, and/or product or service.

You expressly acknowledge that you have fully understood all the potential risks, uncertainty, costs, benefits of the Hypercent Account and/or any other component of the Hypercent ecosystem, and/or product or service.

When acquiring tokens and participating in the IDO you shall consider and accept the following:

• It is and it shall not be treated as an offer for investment and it does not constitute a proposal of securities in any country or state;
• Upon being informed of the fact that a person is a citizen or resident of a Prohibited Jurisdiction, the Company will treat such an acquisition as void and no Token shall be acquired by the citizen or resident of the Prohibited Jurisdiction. — Neither Token nor Company’s assets shall be considered fiat money.
• All acquisitions of tokens shall be final and non-refundable unless the Company states or provides otherwise. By acquiring tokens you agree that the Company shall not give refunds for any reason and you shall not receive any refund for any token even if the token is unusable, lost, or unavailable.
• You as an acquirer shall take appropriate technical and security steps to protect and maintain your blockchain wallet’s security or similar means for possessing tokens. The same level of protection and maintenance shall be provided by you to your private details and account details, without which you cannot access your accounts/wallets or similar means for possessing tokens.
• By acquiring tokens you agree that the Company shall not be required to give you a refund, account reset or other access to tokens and the Company shall not be liable to you for any damage or loss in the context of your inability to access tokens.
• The Company disclaims any responsibility for any consequential or direct damage or loss of any kind arising from: (i) reliance on information published in this document, Company’s website, third-parties websites, and any applications, (ii) any error, omission, or inaccuracy of such information or (ii) any action or omission arising therefrom. You shall bear in mind that tokens are not an investment.
• We do not guarantee or predict anything regarding the value of the tokens. You acknowledge that tokens may increase or decrease in value from time to time. There is a list of risks that may occur. Please read and understand it. This list is not exhaustive and may be added by the Company at any time.

Notices

Any notice required or permitted to be given in connection with this Agreement will be deemed to be delivered if it is personally delivered or sent by electronic mail (email), certified or registered mail or overnight courier, postage prepaid with return receipt requested, and addressed to the relevant party thereto at the address specified on the signature pages hereto or at such other address as such party may specify to the other party in writing from time to time.

Assignment

You shall not assign or otherwise transfer any of its rights or obligations under this Agreement.

Any assignment or other transfer in violation of the above will be null and void.

The Company may assign or transfer this Agreement or any rights or obligations hereunder to any affiliate of the Company without prior written consent from you.

This Agreement shall be binding upon and inure to the benefit of the parties hereto, their respective successors, and permitted assigns.

Governing Law and Disputes

Governing Law. This Agreement shall be governed by and construed in all respects in accordance with the laws of the British Virgin Islands.

If You wish to make a complaint, please contact Hypercent’s customer service team at Support@Hypercent.io

The Parties have agreed that any disagreement regarding the validity of the Agreement or resulting from its interpretation, execution, or termination shall be settled amicably by their representatives.

If after 15 days from the beginning of these unofficial negotiations the Parties fail to resolve the dispute amicably, the dispute will be awarded for final settlement by arbitration.

Exclusive Forum. If any claim, dispute, or controversy occurs between the Parties relating to the interpretation or implementation of any of the provisions of this Agreement is not solved, such dispute shall be resolved by private, confidential, and binding arbitration. Such arbitration shall be conducted by a single arbitrator. The arbitrator shall be appointed by agreement of the Parties or, in the absence of an agreement, such arbitrator shall be appointed by a judge upon the application of either Party. The Arbitration shall be held in the British Virgin Islands.

No Class Action. Without limiting the foregoing, You may only make a claim or proceeding against the Company in your individual capacity and shall not as a plaintiff or class member in any purported class or representative action or proceeding.

The legal successors of the Parties are subrogated to the rights and obligations established by the Contract.

Force Majeure and Fortuitous Event

Neither Party shall be liable for the non-execution on time — in whole or in part — or the defective execution of any of its obligations under this Agreement if the non-execution or defective execution of that obligation was caused by a force majeure event.

Force majeure events are considered: war, natural disasters, legal restrictions, and any unpredictable event, unavoidable and completely out of the control of the Parties.

The Party invoking force majeure is obliged to notify the other Party, within 5 days, of the occurrence of the event and to take all measures in order to limit or eliminate its consequences. Within 10 days of the occurrence of the event, the Party invoking force majeure must submit documents issued by the competent authorities certifying the occurrence, nature, and duration of force majeure. If within 30 days from the occurrence, the force majeure event does not cease, the Parties have the right to notify the full termination of this Agreement, without claiming damages that would result from the force majeure event.

Force majeure shall not relieve either Party of the obligations and liabilities resulting from this Agreement, assumed prior to its occurrence.

A fortuitous event is an event that cannot be foreseen by the Parties or prevented by the Party that would be called to answer if the event had not occurred. The fortuitous case removes the responsibility even if it does not present the characteristics of force majeure.

Severability

If any provision of this Agreement is found invalid or unenforceable by a court of competent jurisdiction, that provision shall be amended to achieve as nearly as possible the same economic effect as the original provision, and the remainder of this Agreement shall remain in full force and effect. Any provision of this Agreement, which is unenforceable in any jurisdiction, shall be ineffective only as to that jurisdiction, and only to the extent of such unenforceability, without invalidating the remaining provisions hereof.

Entire Agreement

This Agreement constitutes the final and complete agreement between the Parties regarding the subject matter hereof and supersedes any prior or contemporaneous communications, representations, or agreements between the Parties, whether oral or written.

Hypercent Terms & Conditions was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

One of our core values is to massively improve the UX quality of blockchain and Kadena is the perfect place to start doing that.

In the process of building a Launchpad we have identified that there are multiple components that need to work together for a seamless experience:

1. Web Wallet
2. Swap Contract
3. Lottery / Queue System (for a qualitative experience)
4. Node Support (to handle all requests effortlessly)
5. Gas Station (to minimise user interaction with blockchain)

We have decided to build all of this into a single dashboard and create a seamless Launchpad experience from start to finish.

Let’s learn how to use the Wallet and get HYPE. Without any further ado, let’s get straight into it.

As you can see from the screenshot above there are 2 steps where you can use our wallet. We will cover each part separately with clear examples and use cases.

Login / Recover / Import Wallet

When you click the Connect Wallet button you will get the option to either Log In if you already have an account, to Create a New Wallet or to Recover Wallet / Import Wallet with Secret Recovery Phrase.

Creating a New Wallet

Most of you will be creating a New Wallet. The process is very simple. You will generate a Password. After that a mnemonic key will be handed to you.

Important: You are the only person that will have access to that mnemonic keyset and if you should lose your password, you can only reset it with that mnemonic key.

Please make sure that you keep it safe and you double back it up, a failure to do so will result in a permanent loss of your funds.

Importing or Recovering an existing account

If you would like to import an existing wallet like Chainweaver or Zelcore you can import your mnemonic key, and create a new password.

Using the Hypercent Dashboard as a Wallet and beyond

The Hypercent Dashboard has multi-functionality. It can be used as a wallet to send or receive KDA. It is also the Dashboard where all the IDOs are conducted. Let’s have a look at some of the features.

Our Wallet pulls data from Telegram API

By logging in with Telegram, we can use data to reward users and take an extra step based on meritocracy to ensure that rewards can translate into Chainweb data.

We can grant Guaranteed Allocation for Round 1 or issue a bigger number of Tickets to increase that user’s chances, so logging in with Telegram is recommended.

When you first log in to the dashboard you will get this page. Please complete the Telegram Log In before going any further.

You can safely deposit KDA from all chains

By clicking on your asset, in this case KDA you can access the Deposit / Withdraw function. By default it will be set to Deposit. There you will be able to scan your address using QR code or copy to clipboard.

Your address is reserved on all chains so you can transfer safely regarding what chain you find yourself on.

You can securely withdraw your assets anywhere

Withdrawing assets has never been easier. By clicking the Withdraw Tab you can securely withdraw assets in just 2 simple steps as you will see in this next example.

Once you send your transaction you will go through the following steps. A loading screen with a Request ID that you can copy, after which it will take you to a success screen. This transaction will also be available in Transaction History but we will get there in a bit.

How to get HYPE

By completing these steps you have achieved two things:

1. You already know how to top up your wallet with KDA and get ready for the sale
2. If you logged in with Telegram you can already see the status of your tickets / guaranteed allocation for Round 1.

The 5 IDO Stage and how to navigate them.

If you’ve payed attention you have already spotted the Hypercent IDO button at the bottom of the Dashboard. By click that button you will reach the following screen and thus the first stage called:

Upcoming phase (1/5)

This is where the project is announced and is publicly displayed in the website / dashboard. This page has a countdown that announces when the Whitelist Stage will begin.

2. Whitelist Phase (2/5)

This is the stage when the whitelist process starts and you can join the whitelist by clicking Join Whitelist button, present both in the website and in the dashboard.

By doing so you will allocate all your tickets (or guaranteed allocation) for the upcoming lottery and will be sent to Stage 3.

3. Lottery Phase (3/5)

This is the stage where winning tickets are found. Our lottery system is fully on chain and is deployed via our gas station.

How do the rounds work?

Each round is designed to theoretically sell out all the IDO allocation, but since it is mathematically improbable that everybody will purchase maximum allocation, it is very likely that Round 2 will be issued.

That’s why during Lottery Phase you will see one of the following screens.

If screen 1 is displayed, you will have to wait for Round 2 to see if you have a winning ticket there. Otherwise, if you have a winning ticket (or guaranteed allocation) you can proceed further to the next stage.

4. Sale Phase (4/5)

This stage has a comfortable time limit and before the clock runs out investors must complete the KYC process and finish the swap within the time limit.

The KYC process

Because Hypercent is 100% compliant and follows the regulation, the KYC Process will be restrictive regarding countries that are on the OFAC sanctions list, and the United States which deems the process of selling digital currency to its citizens illegal.

For the rest of investors, the KYC process should take between 15 minutes and 6 hours. In most cases KYC will be okay, but sometimes certain pictures will be declined so during this stage you will see one of the following screens.

The Normal Round Swap

If your KYC application has been successful (screen 1) you can move forward and complete the swap. Otherwise, you are welcome to re-apply for another KYC application.

Because we have a dashboard with a wallet component we can now automatically swap your assets by accessing our swap smart contract instantly. You just say how much you want to swap and then you can consider it done.

The Queueing Round Swap

Okay, so we’ve mentioned Round 1 and Round 2. But what happens if there is more allocation after Round 2 and another round needs to be issued?

For such a scenario, we have implemented The Queueing Round. Everything acts as normal, including the lottery and the KYC before the round starts.

The formula of the lottery winners will be this: [Number of maximum allocations left] x 5 = [Lottery Wining Tickets] that will be declared winners.

Every winning ticket has a Queueing Number attached. The round will then start with Winning Lottery Ticket #1 and it will move down the line until all IDO Pool is depleted.

A timer will tell you exactly when your turn starts, so that you don’t have to wait in front of a screen. The time limit per winning ticket is 10 minutes.

If your turn is up before the IDO Pool is depleted you will be transported back to the previous page and you can finish the swap.

Meanwhile, the Queueing Round dashboard will be this.

5. Vesting / Redeem Phase (5/5)

Once our IDO will be completed, as per our vesting schedule, we will be realising 33% of the swap value immediately. However for the remainder of the tokens you will be able to manually withdraw them once they are released.

The amount of tokens available versus tokens to be redeemed will always be shown both in the main view as well as the Stage 5 IDO Process. Thus, the IDO will be considered officially closed only after the vesting period has ended.

Bonus Dashboard Features

1. Transaction History

This will show you all previous transactions made and it will let you access Chainweb.

2. Network Selection

This feature allows you to select which Chainweb Network is displayed, between Testnet and Mainnet.

You will also be able to choose which node you want to handle your transactions. The options are that you go through Chainweb’s nodes or you go through Hypercent’s nodes.

Hypercent nodes are a sequence of distributed nodes that will handle all your data 100% private and secure, but it will also make sure that the load is handled to ensure a smooth process without any hiccups.

We always recommend you use Hypercent’s node, but the option to revert back to Chainweb is yours.

3. Chain View

This allows you to view your account on all available KDA chains from Chain 0 to Chain 1.

Select the range from the left and then select your chain to switch from the right as seen in the screen below.

[More Info Regarding Chains coming soon]

How to get HYPE was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hypercent X KADDEXofficial

Teaming up on an epic Kadena Quest — to destroy gas fees forever

We are Kadenians

Our teams have been part of the Kadena community since the very early days and witnessed Kadena’s way of doing things. No matter how much people pushed for aggressive marketing tactics and PR, we saw Kadena doing what they do best: develop the core technology of a revolutionary blockchain that solves the scaling trilemma.

We’re no longer just members of the Kadena community, we are pioneers of its ecosystem. It's our duty to spread Kadena’s vision and values into what is being built on its blockchain, thus helping the growth of a healthy ecosystem.

To make Kadena the True Home of DeFI we need to build revolutionary tech on its blockchain. Projects that would be impossible to build on ETH due to the gas fees and on Solana due to Rust not being as powerful as Pact.

That’s why we will be working together with Kaddex to make Kadena the birthplace of DeFi 3.0, a place where users can enjoy Decentralised Finance without being hampered by the lack of UX caused by gas fees.

What does that mean for you if you have a project ready to launch?

It means that you now have access to an entire funnel that will kickstart your journey from inception starting with Hypercent all the way down to the incubation process as a joint venture with Kaddex right in the heart of Kadena in a seamless and frictionless experience.

Some of the partnership benefits that we will provide:

1. Incubation process

We know that Pact is a scarce resource, but luckily a co-team of experienced Pact developers are here to help you come home, on the true home of DeFi.

This will grant you access to our own network of highly experienced advisors as well as support from both Kaddex and Hypercent regarding technical implementation, code auditing, marketing strategy, planning and many more.

2. Favoured listing

Projects that have been vested and incubated by our joint ventured will benefit from favoured listing on Kaddex, which will guarantee a prime position for your tokens that will grant you the most visibility.

To kickstart out partnership the HYPE/KDA pair will benefit from favoured listing, thus being in the top pairs available on Kaddex.

3. Marketing promotion

Through our social channels, your projects will benefit from our social media support, which will grant your project visibility in the oldest and most experienced community of Kadena. Our communities are formed of true believers and exhibit true passion and technical understanding in supporting Kadena. Community support has been an instrumental part of Kadena’s success

It is time for our community to see the ecosystem they believe in come to fruition and unravel before their eyes.

4. Pair incentivization with strong rewards

When your project gets listed through Hypercent Launchpad, the Kaddex DAO will define parameters for KDX LP incentives and get its pool the notice that it deserves.

5. Staking & farming pools

This Kaddex/Hypercent feature will offer incentivized LPs for your project on KDX pairing and it will allow you the possibility of implementing Yield Farming for your project on Kaddex.

As a Kaddex & Hypercent exclusive we are also announcing the following:

a. Hypercent will provide $HYPE liquidity in specific pools coupled with KDX LP rewards.

b. HYPE pairs (HYPE/KDA) will be a featured listing at launch with a DAO determined reward structure.

c. X-Wallet will be integrated into the Hypercent Platform

We aim to create a world’s first DeFi Committee where DeFi can flourish

Our main focus is to make sure that Kadena gets the ecosystem we all have been waiting for. Our vision is to migrate everything into a DAO ecosystem where both Kaddex and Hypercent will be able to add governance to our own functionality and in each other’s platform as we move forward.

This will showcase one of our most ambitious plans yet, and most likely the world’s first DeFi Ecosystem Committee which would act as a Council for new projects.

Founding members of new projects will be invited to join the council and thus, we hope to create a unique mindset for the Kadena Ecosystem under which everyone can flourish and benefit together.

Our first act together as part of the Committee is building Pact Academy

Pact Academy will help ideas turn into projects

Both teams are aware that the Kadena ecosystem will only grow as fast as the number of Pact developers, this is why we have teamed up to take the Pact Academy to the next level.

How will we do this?

By refining a complete CI/CD pipeline of enterprise level for Pact & Typescript stack applications, developers will be able to focus on actual development.

With the help of our identified partners, we will be building a web 3.0 solution that will allow developers to deploy secure and verified PACT smart contracts and modules via JavaScript in minutes, thus speeding up the process of adoption for the Pact language.

In addition to public content, we will also create educational materials and applied lessons that will allow any developer to build their smart contracts with utmost knowledge.

Our vision for Kadena

An ecosystem is built by those who have the willingness to take responsibility, a vision that can push development forward with a clear goal in mind, and the resources to apply all of the above.

Hypercent and Kaddex have found this vision together and we will be working hard to achieve these goals for the benefit of the entire Kadena Community!

We are very excited to partner up with Kaddex and we are fully committed to bringing as many quality dApps on the True Home of DeFi!

With love,
Hypercent X Kaddex

Hypercent: | TWITTER | TELEGRAM | WEBSITE | DISCORD

KADDEX: | TWITTER | WEBSITE | DISCORD|

Hypercent X Kaddex was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.

Where Verified Projects Launch on Kadena, The True Home of DeFi.

Started as Kadena ambassadors and now we’re here

Well that's not entirely true, we started in the crypto space in late 2016 so we’ve seen a lot of stuff blooming and booming while working both during the bull and the bear market.

We found out about Kadena in January 2021 and immediately saw it as a disruptive force, the only scalable POW blockchain and the only real competitor to all the POS chains. We knew our marketing experience could make Kadena more appealing to the blockchain community and as a result more projects would start building on it.

The fastest way to directly communicate with the Kadena team was to apply for the Ambassadors Program and we did so. After becoming ambassadors, we met the team and made numerous branding and website improvement suggestions. Our proposals were met with enthusiasm but everyone decided they were too radical for a big operation like Kadena.

We decided the best way to bring projects to Kadena is to build a launchpad and start bringing projects in, and this is how Hypercent was born.

Hypercent helps verified projects launch on Kadena

The opportunity to launch on a blockchain that recently gained traction is huge, but so are the challenges. Our job as a launchpad is to bring projects on Kadena by decreasing the challenge to build while increasing the opportunity to launch.

1. Helping projects build

Kadena is not only revolutionary because of its blockchain concept, but also because of its proprietary smart contract language: Pact. The biggest challenge in a revolution is getting people to join, and for that you need very good reasons and a clear way of communicating them.

For this reason, the number of Pact developers is still extremely scarce, moreover the total amount of open-source code available to piggyback from is also very scarce. So even after developers learn Pact, they become pioneers in almost anything they build.

We make no exception to this, so our job is to document everything and make it easier for everyone else. We will offer developers a blueprint project that makes it easy to build and deploy full-stack Typescript apps, using NextJS and NestJS, specifically crafted with Kadena interaction in mind. Our blueprint adheres to best practices and standards- like linting, formatting and testing — and has a focus on developer experience (DX), to make coding fun, while having the confidence that the codebase says organised, typed and sane. We are also developing an SDK that makes interacting with Kadena more friendly, and a CLI app that makes scaffolding, testing, managing and deploying common use-case contracts a breeze. Think of it like a build on pact academy.

When there are no Pact devs around, you make Pact devs

2. Helping projects launch

There are many projects that have good ideas and good developers but no capacity to sell their tokens because a good community is hard to grow. Our job is to put good projects in front of a good community and give them an easy and fair way to swap tokens.

A good community is built with organic growth in mind, as the secret lies in the quality more than quantity. People in a launchpad community should have a good understanding of the crypto space and the funds to buy tokens in IDOs. We’ve been asked why we don’t do an airdrop and the answer is pretty simple: people who join your community for free tokens don’t necessarily have the best interest at heart to invest in IDO’s. Besides that, we would rather have people joining us because they share our vision and goals.

Since our first public announcement one month ago we got approached by multiple communities from all over the crypto space: VC’s, Private Funds, Influencers, IDO groups and so on. They are part of our community and will help us move forward. Any project that launches on Hypercent will have access to them to gain the same advantage. Whatever we do, that will become a blueprint for projects we help launch.

An easy way to swap tokens
We believe Kadena is the only blockchain that can massively improve the UX and take crypto to mass adoption through gas stations, security and the most powerful programming language created to-date.

That is why our purpose is to take PACT’s core functionality to the next level and compete with the biggest players in the market today.

Through our upcoming Hypercent Wallet we will make the IDO process both fun and engaging with a seamless experience. We call it a one-click IDO. With Kadena’s security and modular design you can call on any contract with the gas already covered for you.

That means that if you want to participate in an IDO all you have to do is click Swap using our Wallet and without paying any gas you will be calling the IDO contract and receive your tokens instantly. The Hypercent Wallet will be part of our platform’s front-end and will also be released as a standalone chrome extension for the community to enjoy it.

A fair way to get allocation
Projects launching IDO’s on launchpads usually have low raise amounts so the supply is lower than the demand, meaning that a lot of people are fighting to get allocation.

After years of IDO’s going through different models, the best approach so far seems to be the lottery system. Unfortunately, this is not without flaws either. The trouble is that the prices for allocation tickets are controlled in a centralized manner and not through supply and demand. The ticket price has been set by the project very early when their token had a low price, and after the token appreciated in value, it no longer makes economic sense.

For instance, on one platform the guaranteed allocation cost is $10.000USDT worth of tokens while the maximul allocation is $500. This is problematic because it doesn’t make much sense to spend so much for such a little allocation. Although the price can be changed, in the crypto space this would not go unanswered.

To avoid this problem, we are creating an economy that is truly alive, where everything is controlled by supply and demand through DeFi protocols.

{HYPE} powers the first multi-token DeFi protocol of the Kadena ecosystem

With a fixed total supply of 10.000.000 tokens, {HYPE} is the engine that powers our economy. In short, we made an economic model that uses {HYPE} staking as a way to create a fair model of allocation in IDO’s.

In order to build a stable and healthy environment for projects to grow, you will be using a secondary token: {Stardust}. This is a non-tradable asset earned through staking {HYPE} on our platform. While {HYPE} is creating a healthy coin lock value for our ecosystem, {Stardust} is the key to unlocking platform rewards.

Use {Stardust} and bootstrap yourself to an economy that’s truly alive

You can burn Stardust {STRDST} to receive allocation tickets for IDOs launching on Hypercent or mine our IDO Vault to receive tokens from all projects launching on Hypercent. The cost for tickets and vault rewards are variable as they are handled by DeFi protocols based on supply and demand in relation to the variable supply of {STRDST}.

So imagine that a hot IDO comes on Hypercent and a lot of people start burning Stardust to get allocation tickets, the price of the ticket would increase but because a lot of people are burning Stardust to get tickets, the IDO vault rewards would also increase because they are calculated based on the supply of Stardust (which would be lower due to burning to getting tickets). So even if it wouldn’t make sense to get tickets because of the price, people would be incentivized to move their Stardust to mine the IDO vault due to the high rewards.

Regardless of Hype’s market price, the prices and rewards will always be adjusted by the market.

Most likely you are now wondering where the tokens from the IDO vault come from and that's alright. As a cost of launching on Hypercent, all projects submit a share of their token supply to our IDO Vault. A big percentage of the tokens are shared with the users who use their {STRDST} to mine the vault.

The IDO Vault is the easiest way to pipeline yourself to Kadena’s ecosystem

Lastly the time has come to talk about our third token. Cosmic Time {TIME} is the third token of our multi-token economy. {TIME} is generated when you use {STRDST}, be it for tickets or in the IDO vault. The {TIME} token shows your involvement in the platform and that helps us put the decision in the right hands when the governance is implemented.

We are Hypercent. This is our vision. This is the way.

JOIN US: | TWITTER | TELEGRAM | WEBSITE | TEAM |

Meet Hypercent Launchpad was originally published in Hypercent on Medium, where people are continuing the conversation by highlighting and responding to this story.