Below are our Terms of Service which outline a lot of legal goodies. Our priority is always our customers. We will always aim to put your needs first and continually strive to improve your experience.
(1) PayAccept B.V., a public limited liability company, incorporated and
registered in the Netherlands;
(2) You, agree to represent yourself in whole, herein referred to as the Customer,
The Supplier offers a platform for listing and trading of unregulated commodities (TOKENS) between identified
The Client wishes to use the Services for its business operations.
IT IS AGREED as follows:
Clause, schedule and paragraph headings shall not affect the interpretation of this Agreement.
A person includes an individual, corporate or unincorporated body (whether or not having separate legal
personality) [and that person's legal and personal representatives, successors or permitted assigns].
A reference to a company shall include any company, corporation or other body corporate, wherever and however
incorporated or established.
A TOKEN (or COIN) is a 34 character digital sequence (containing characters A-F, 0-9) that represents a uniquely
identifiable asset in holding within the platform. This token has redeemable value (where applicable) within the
Supplier's service defined during the purchase process.
ICO is the name given to a period allotted as the preliminary release, or issuance, of TOKENS at a predefined
price. During this period, the TOKEN value does not change and only transactions involving the Client and End
Recipient are allowed. An ICO usually lasts for one calendar month (30 days).
AIRDROP TOKENS are tokens which you get for free. No investment should be required to apply for an AIRDROP.
These tokens are tradable, but their withdrawal can be blocked or limited.
KYC or "Know Your Customer" is a process or set of procedures designed to ascertain a true identity using
government supplied identification and visual verification of likeness to the document of standing.
AML or "Anti-Money Laundering" is a set of procedures, laws and regulations designed to stop the practice of
generating income through illegal actions.
This agreement covers the service provided remotely via the "Website" at payaccept.net (or other such indicated
services). Parts of this document make refer to an Application (or App installed on a mobile device) where
By accessing or using the Services, you confirm your agreement to be bound by these Terms. If you do not agree
to these Terms, you may not access or use these Services. These Terms expressly supersede prior agreements or
arrangements with you. PayAccept may immediately terminate these Terms or any Services with respect to you, or
generally cease offering or deny access to the Services or any portion thereof, at any time for any reason.
PayAccept grants you a non-exclusive, non-transferable license to use the software provided, as-is, to access,
maintain, add or administer the service on behalf of an organisation that you duly represent or have been given
permission to act on behalf of.
PayAccept may terminate your access at any time, without cause, explanation or reason if it is discovered, or
believed that a breach in the terms and conditions has occurred/will occur by the users actions (intended or
You agree to represent yourself in whole. You agree NOT to use the service on behalf of another person.
You may not reverse compile (in part or whole), hack, degrade, cause offence (by intention or neglect) or bring
the service into a state of disrepute. Doing so will automatically be interpreted as a breach of these
The service utilizes a unique session cookie (also on the website) that is used to maintain information
regarding the state of the service. Usage of this service requires an active internet connection. Any costs
associated with the usage of this application are the Clients responsibility and PayAccept will not be held responsible
for any incurred costs.
PayAccept does not permit the usage of Copyright materials. In the event that you believe your content or that a
violation of your mark has taken place, please notify PayAccept by email at [email protected].
Note that icons for twitter, facebook, google etc. are provided for artistic reference and do not imply
representation or association with the aforementioned (and included) services. PayAccept provisions such artistic
representations for assistance purposes only.
PayAccept makes use of Secure Socket Layering (SSL) and Transport Layer Encryption (TLS) to assist in securing its
services. At no time will service be provided without a secured connection.
PayAccept will undertake a number of checks to verify and validate the enrolment process for all clients and
subsequently invite or decline the consideration to be included. Failure in any one of these processes (checks)
will result in automatic declination of the consideration process.
The Client is required to service a number of details (requested during the application process) that assist in
the preliminary screening of businesses to be considered.
The Client may not offer a TOKEN (or COIN) that enables a profit-share (or similar) component. Doing so will
automatically invalidate the consideration process.
The Client may not have raised a cumulative amount of more than 1m euros (gross) via funding or revenue
processes. Doing so will automatically invalidate the consideration process.
The Client may not engage in a similar process in raising funding via its own platform or via a third party. The
Client also agrees not to engage in the services of a third party platform (or build their own) for raising
capital subsequent to any successful consideration for the lifetime of this and any subsequent contract of
The Client agrees to accept all TOKENS presented and, unless duly with cause, to redeem the value in form of
service, so indicated at presentation to the barer.
The Client may not attempt to bypass the platform or provide alternate payment services to the barer of any
TOKEN or COIN whatsoever.
The Client may not substitute the TOKEN (or COIN) in part or whole for a cash equivalent outside of the
The Client licenses the Supplier full rights, privileges (required or otherwise needed) to create, sell and
trade TOKENS (or COINS) on its behalf during the Sunrise period in an automated fashion. These rights include
the ability to sublicense (to specific trusted third parties), market on behalf of Supplier, advertise and
perform such actions to assist in the purchase process.
The Client, during the consideration process, announces the maximum volume (or quantity of TOKENS or COINS) to
be issued and the price of each token.
The Supplier makes no warrant or statement (implied or otherwise) that any or all tokens will be purchased via
the use of the Suppliers services.