1. Introduction Welcome to the SHK ERC20 token purchase platform. By purchasing, using, or holding SHK tokens, you agree to be legally bound by these Terms of Use (hereinafter referred to as "Terms").
2. Acknowledgment of the Whitepaper By purchasing SHK tokens, you hereby acknowledge: a) That you have read, understood, and accepted the information outlined in our whitepaper.
b) If, at the moment of purchase, you have not read our whitepaper, you acknowledge its availability for review online at [ishook.io] (http://ishook.io).
c) That you are aware that any updates or modifications to our whitepaper will also be made available on the aforementioned website.
3. Nature of SHK Token
a) Utility Token: SHK is a utility token and is intended for use as a medium within our platform and any affiliated platforms or services. Its primary purpose is not for speculative investment.
b) Not a Security: You acknowledge and agree that SHK tokens are not securities, commodities, or swaps on either securities or commodities or any other kind of financial instruments. SHK tokens are not intended to represent any form of share ownership, or rights, including, without limitation, any right to receive future revenue shares, dividends, or any other form of participation in or relating to the platform.
c) Value Proposition: The value of SHK tokens is determined by their use and utility within our platform, as outlined in our marketing strategy and whitepaper. It is not pegged to any tangible asset, currency, or commodity and does not promise any future profits or gains.
4. Your Representations and Warranties By purchasing SHK tokens, you represent and warrant that: a) You are of a legal age to form a binding contract (at least 18 years old in most jurisdictions).
b) You are not under any restrictions to purchase SHK tokens based on your jurisdiction’s regulations.
c) The funds you use to purchase SHK tokens are not derived from illegal or unethical sources.
d) You understand the risks associated with purchasing, holding, and using SHK tokens, including the potential loss of all funds.
5. Limitation of Liability Under no circumstances shall the creators or affiliates of SHK tokens be liable for any lost profits, lost sales, or business, or for any consequential, direct, indirect, incidental, special, exemplary, or punitive damages whether from breach of contract, tort (including negligence), or any other cause of action, arising out of, or related to, the purchase, sale, or use of SHK tokens.
6. Governing Law and Jurisdiction These Terms shall be governed by and construed in accordance with the laws of Joseon. Any disputes arising out of or in connection with the purchase, use, or sale of SHK tokens will be exclusively settled under the jurisdiction of [your jurisdiction's] courts.
