Slate Entertainment Group

Coin Sale Terms and Conditions

Company overview

Slate Entertainment Group, Inc. (“SEG” or “Company”), exists under the laws of the Province of Ontario, with registration number 002611494. The Company has designed and is in the process of building a blockchain-based entertainment utility protocol powered by a cryptographically secure multilayered network. The protocol works by a distributed ledger, a digitally recorded ecosystem of data in packages called “blocks” built on a specially designed blockchain (“SlateChain”). In order to fund software development, business development, platform promotion, platform marketing, legal and regulatory affairs, and the complete development of the ecosystem, SEG will initiate a coin sale.

The purchase of Slate coins (“Coins”) during the sale period (“Sale Period”) is subject to the terms of sale contained herein (“Terms”). By purchasing Coins from SEG during the Sale Period, purchasers (“Purchaser”) will be bound by these Terms and all terms incorporated by reference. If you have any questions regarding these Terms, please contact us at: support.slate.io

Purchaser and Slate Entertainment Group agree to the following: Purpose and use of Coins in the Slate Ecosystem/Network The sale of Coins is intended to capitalize the development of the Slate ecosystem. This is not a solicitation for investment and in no way is intended as an offering of securities in any jurisdiction. Since the Coins are designed only for a particular use with respect to the SEG ecosystem, they are not necessarily merchantable and do not necessarily have any other use or value. SEG views the Coins as utility tools without any specific outlook or expectation on their merchantability or market price.

NON-FINANCIAL NATURE OF COINS

Purchasers of Coins acknowledge that if the Slate network is successfully completed, deployed and fully operational, Coin holders may be able to earn Coins as rewards through operating staking wallets and/or Slate masternodes or service nodes, and that the operation of masternodes or service nodes is conditional upon meeting network-defined parameters. Purchasers of Coins also acknowledge that if the Slate network is successfully completed, deployed and fully operational, access to network services including the distributed recording and transmission of data may be achieved by transacting Coins within the network itself. The Coin is not and shall in no case be understood, deemed, interpreted, or construed as: any kind of currency or money, whether fiat or not; equity interest, voting or non-voting securities (or like) in, or claims against, SEG including its officers, directors, advisors, members, shareholders, consultants, or any other entity in any jurisdiction; equity or debt investment of any kind in any venture; any securities having intrinsic value or market price; any form of financial derivative; a security; any commercial paper or negotiable instrument; any form of investment contract between the relevant holder and any other person; any pledge, promise, or contract on the part of SEG to provide market value to the Coin, or to create the conditions of market value; any commodity or asset that any person is obliged to redeem or purchase; or any note, bond, warrant or other certificate that entitles the holder to interest, dividend or any kind of return from any person. Purchaser is responsible for implementing reasonable measures for securing their Slate wallet, or other storage mechanism used to receive and hold Coins purchased during the Sale Period, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If private key(s) or other access credentials are lost, Purchasers may lose access to their Coins. SEG is not responsible for any such losses.

WARNING:

DO NOT PURCHASE COINS IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC COINS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. Purchases of Coins should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of cryptographic coins, like bitcoin (“BTC”), and blockchain based software systems. Purchasers should have functional understanding of storage and transmission mechanisms associated with other cryptographic coins. While the Company will be available to assist purchasers of Coins during and after the Sale Period, SEG will not be responsible for lost cryptocurrency, such as BTC, ETH, or other resulting from actions taken by, or omitted by Purchasers. Purchasers should take great care to record their wallet password and maintain such written recording in a secure location so that Purchaser may access their Coins when they become available during or after the Sale Period. Purchasers without such experience or expertise should not purchase Coins or participate in any sale of Slate Coins.

Representations and Warranties

To participate in any sale of Slate Coins, Purchaser shall represent and warrant that:

  • All information submitted by Purchaser to SEG is true, complete, valid and non-misleading;
  • Purchaser is not a citizen, tax resident, or green card holder of the United States of America, Canada, China, Iran, North Korea, Syria, or Sudan;
  • Purchaser is of sufficient age to purchase Coins with full civil capacity of conduct under the laws of the jurisdiction in which Purchaser is domiciled or maintains citizenship;
  • Purchaser is an accredited investor under the laws of the jurisdiction in which Purchaser is domiciled or maintains citizenship;
  • Purchaser is an experienced participant, backer, expert, technician, and/or professional in the fields of blockchain, distributed ledger technology, cryptocurrency, and financial markets and is fully aware of the risks associated with the purchase of Coins and has carefully read the Token Sale Disclosure provided on this website or the Risk Factors section of the Company’s Whitepaper (available for download on this website);
  • Purchases of Coin by Purchaser is voluntary and based on their own independent judgment without being coerced, solicited, or misled by anyone person or entity;
  • Purchaser is permitted by the laws of their jurisdiction to purchase Coins and is legally permitted to acquire, receive, and hold cryptocurrency;
  • No consent, approval, order, or authorization of, or registration, qualification, designation, declaration, or filing with, any governmental authority is required on Purchaser’s part in connection with the purchase of Coins;
  • Purchaser is experienced in and capable of maintaining and safekeeping the Bitcoin (BTC), Ether (ETH), or Litecoin (LTC) private key(s) of the sending address out of which they make any payment for purchasing the Coin;
  • Purchaser only uses such cryptocurrency as lawfully acquired to make payment for their purchase of Coin and does not participate in any Coin sale event for the purpose of money-laundering, terrorism financing, or any other illicit purpose;
  • Purchaser aims to acquire Coins from SEG primarily for use within the Slate entertainment ecosystem without expectation of any profit or financial yield and does not contemplate the use of Coins for any financial, speculative, illegal, or unethical purpose; and
  • Except having specifically communicated to and having been permitted by the Company in advance, Purchaser is purchasing Coins for their own benefit and is not acting as a nominee or agent for or on behalf of any third party.
  • All the above representations and warranties made by Purchaser shall be true, complete, accurate and non-misleading on and from the date of that Purchaser making a payment hereunder throughout the Coin Sale Period and onwards. SEG reserves the right to reject and invalidate the payment by, and withhold the relevant Coins from, any Purchaser who has made a false representation in the sole judgment of SEG.

The Slate ecosystem, including the distributed ledger underlying the Coins, is decentralized, and therefore, Slate Entertainment Group does not operate or maintain all aspects of the network. As such, SEG has no responsibility or liability for the network nor does it have any ability to control third parties’ use of the network.

Ownership of Coins carries no rights, expressed or implied, other than the right to use Coins as a means to enable usage of and interaction with the ecosystem, if successfully completed and deployed. Purchaser understands, acknowledges and accepts that Coins do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights, or any other form of participation in or relating to the Slate ecosystem, network and/or the Company and its affiliates, other than rights relating to the provision and receipt of services in the network, subject to limitations and conditions in these Terms and applicable network terms and policies (as defined below). Purchaser understands and accepts that Coins are not intended to be a digital currency, security, commodity, or any other kind of financial instrument.

Limitation of Liability

While SEG will take reasonable steps to ensure the security and privacy of any information transmitted during Purchasers use of our services (the “Service” or “Services”), in no event will any such information be considered “confidential,” nor will its disclosure to a third party, accidental or otherwise, cause liability against SEG, even if it occurs as a result of our negligence. Purchaser hereby warrants and agrees that SEG is not responsible whatsoever for any damages caused by the interception, loss, or alteration to any information sent over the internet.

In order to enforce compliance with the terms of service herein and international law, SEG subcontracts Purchaser verification services to a third party. By proceeding with the purchase and agreeing with the terms of service, the purchaser absolves SEG of any liability related to the management of information by the third-party provider.

The use of the SEG Services is undertaken “at risk” which for greater clarity means that the Company assumes and will hold no responsibility for any actual or anticipated loss by Purchaser, or any third-party, resulting from the use of the Services. SEG will take every reasonable precaution to prevent and mitigate attacks, however, these problems may nevertheless occur from time to time for reasons that are beyond the control of the Company.

Resolution concerning deposits, withdrawals, account balances, services, or other disputes related to an attacked Coin will be determined on a case-by-case basis.

SEG makes no representation and or warranties in connection with the safety of the Slate wallet and is not liable for any lost value or stolen property, regardless of whether SEG was negligent in providing appropriate security.

SEG, will hold no liability to Purchaser for any actual or anticipatory damages from breach of this contract.

SEG Does Not Provide Legal, Financial or Investment Advice. At no time does the Company provide any legal, financial or investment advice and any publicized, provided, or referred to information or publications should not be considered as such.

INVESTMENT NOTICE

AT NO TIME IS THE PURCHASE OF COINS AN INVESTMENT. SEG IS NOT REGULATED BY ANY FINANCIAL BODY AND DOES NOT PROVIDE INVESTMENT OPPORTUNITIES, ADVICE, OR OPTIONS.

Email Communications

The Company, through its, or that of a sub-contracted third-party, operates an email newsletter program used to inform subscribers about products and services supplied by SEG. Users of this email service (“Subscribers”) can subscribe through an online automated process should they wish to do so but do so at their own discretion. Some subscriptions may be manually processed through prior written agreement with the user.

All personal details relating to Subscriber information are held securely and in accordance with the Data Protection Act 1998. No personal details are passed on to third parties nor shared with companies/people outside of SEG, or the company that operates this website.

Under the Data Protection Act, Subscribers may request a copy of personal information held by this website's email newsletter program. A small fee may be payable. Subscribers who wish to receive a copy of their information held by the website may communicate such request using the contact details contained on this website.

Email marketing campaigns published by this website or its owners may contain tracking facilities within the actual email. Subscriber activity is tracked and stored in a database for future analysis and evaluation. Such tracked activity may include; the opening of emails, forwarding of emails, the clicking of links within the email content, times, dates and frequency of activity. This is not a comprehensive list of possible activities.

This information is used to refine future email campaigns and supply the Subscriber with more relevant content based around their activity.

In compliance with international spam and privacy laws, Subscribers are given the opportunity to unsubscribe at any time through an automated system. This process is detailed at the footer of each email campaign. If an automated un-subscription system is unavailable clear instructions on how to un-subscribe will by detailed instead.

Copyright of Communications in Connection with our Services

Purchaser or Subscribers agree that any materials, information, or communications transmitted between Subscriber and SEG in any form, or between Purchaser and SEG via the Slate wallet, are non-confidential and will become the sole, exclusive property of SEG.

SEG will own all intellectual property rights to such communications or materials and may use or disseminate such communications without restriction for any legal purpose, commercial or otherwise, without notifying or compensating Purchasers or Subscribers. Purchasers and Subscribers hereby waive any right to litigation or recovery for perceived damages caused by the use of this information as is permissible by law.

PRIOR TO ANY PURCHASE OF COINS, INTERESTED PARTIES ARE REQUIRED TO READ THE RISK FACTORS SECTION OF THE COMPANY’S WHITEPAPER (AVAILABLE FOR DOWNLOAD ON THIS WEBSITE), OR THE TOKEN SALE DISCLOSURE LINK ON THIS WEBSITE.

Contact Us

If you have any questions about these Terms or the disclaimers as set forth herein, please contact us at: [email protected]