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Last Updated: September 4, 2017
This SPADE Token SAFT (the “SAFT”) states the terms and conditions that govern the contractual agreement between the individuals or their representatives, hereinafter referred to as the Donor and SP8DE (hereinafter the Beneficiary or «SP8DE» Ltd (BVI) with registration number 1968602).
WHEREAS, the Beneficiary owns SPX Tokens (as defined below); and
WHEREAS, the Beneficiary desires to distribute SPX Tokens to the Donor and the Donor agrees to acquire the SPX Tokens, from the Beneficiary subject to the terms and conditions herein; and
WHEREAS, the Beneficiary conducts SPX Token Smart Contract
This SPX Token Purchase Agreement (this “Agreement”) contains the terms and conditions that govern your use of the SPX distribution smart contract (the “SPX Distribution Contract”); use of the related ERC-20 token smart contact (the “SPX Token Contract”); and purchase of the related ERC-20 compatible tokens
WHEREAS, the Beneficiary is a LLC duly registered under the laws of Russian Federation (registration number 7728879848, situated at: 117342, Moscow, Butlerova street, 17B - XI, Russian Federation)
NOW, THEREFORE, in consideration of the mutual covenants and promises made by the Donor and the Beneficiary (individually, each a “Party” and collectively, the “Parties”) covenant and agree as follows.
Terms and Definitions
Whitepaper - reference material about the Spade Protocol, situated at: https://www.sp8de.com
Spade Protocol - blockchain-based platform capable of supplying unbiased public randomness for developing and running distributed applications
SPX - in-game currency of Spade Protocol
ETH - Ethereum
1. General provisions on the public offer
1.1. This offer is a public offer in accordance with paragraph 2 of Art. 4З7 of the Civil Code of the Russian Federation (hereinafter the Code).
1.2. The acceptance of this offer is the transfer by the Donor of ETH to the SP8DE address as a voluntary donation for the development of the Spade Protocol. Acceptance of this offer by the donor means that the last fully competent person has read and agrees with all the terms of this Voluntary Donation Agreement.
1.3. The offer comes into force from the date of its publication on the official website of the Beneficiary - https://www.sp8de.com/ hereinafter referred to as the "Website".
1.4. The text of this offer can be changed by the Beneficiary without prior notification, the changes are effective from the day following the day of its publishing on the Website.
1.5. The offer is perpetual. The beneficiary has the right to cancel the Offer at any time.
1.6. Invalidity of one or more conditions does not cancel all other conditions of the Offer.
1.7. Accepting the terms of this agreement, the donor confirms the voluntary and non-refundable nature of the donation.
2. Subject matter of the agreement
2.1. Under the contract, the Donor transfers ETH (hereinafter the Donation) as a voluntary donation, and the Beneficiary accepts the donation and uses it for the purposes indicated in the Whitepaper. The fact of the transfer of donations indicates the full consent of the Donor to the terms of this contract.
2.2. The Donor's performance of actions under this agreement is a donation, however, such donation is qualified as a gift in accordance with Art. 572 of the Code.
2.3. The Donor donates to the Beneficiary a donation in the amount determined by the Donor (subject to the conditions specified in the Whitepaper), for the implementation of the goals indicated in the Whitepaper.
2.4 As a confirmation of the transfer of the ETH, the Donor receives from the Beneficiary in accordance with the procedure and conditions specified in the Whitepaper the in-game currency of the Spade Protocol system (hereinafter referred to as «SPX»).
2.4.1 THE BENEFICIARY MAKES NO WARRANTY WHATSOEVER WITH RESPECT TO THE SPX, INCLUDING ANY WARRANTY OF MERCHANTABILITY; WARRANTY OF FITNESS FOR A PARTICULAR PURPOSE; WARRANTY OF TITLE; OR WARRANTY AGAINST INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS OF A THIRD PARTY; WHETHER ARISING BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE, OR OTHERWISE. EXCEPT AS EXPRESSLY SET FORTH HEREIN, RECIPIENT ACKNOWLEDGES THAT IT HAS NOT RELIED UPON ANY REPRESENTATION OR WARRANTY MADE BY THE BENIFICIARY, OR ANY OTHER PERSON ON THE BENEFICIARY’S BEHALF.
2.5 The parties agree that SPX is not the token is not the subject of a paid transaction, does not grant the right to receive dividends, does not grant the right to vote or participate in any possible way in the management of the Beneficiary.
2.6 The parties agree that SPX is not a currency or any means of payment in the territory of the Russian Federation and others.
2.7 The parties agree that SPX is not an equity or a security.
3. Activities of the Beneficiary
3.1. The beneficiary is the developer of the Spade Protocol, as stated in Whitepaper.
4.1. The Donor independently determines the amount of the voluntary donation (subject to the conditions specified in the Whitepaper) and contributes it by transferring the ETH to the address indicated on the website https://www.sp8de.com on the terms of this Agreement.
4.3. The date of acceptance of the Offer and, accordingly, the date of conclusion of the Agreement is: the date of receipt of the donation of the Donor to the address of the Beneficiary.
5. Rights and obligations of the parties
5.1. The beneficiary undertakes to use the ETH received from the Donor under this agreement strictly in accordance with the purposes indicated in the Whitepaper.
5.2. The Donor gives the Consent to the Beneficiary to processing the personal data provided by the Donor during the voluntary donation (name, address, residence, e-mail address, bank details), including to third parties (on the basis of a contract with the Beneficiary), for the purposes of this agreement, including the following actions: collection, recording, systematization, accumulation, storage, clarification (updating, modification), extraction, use, transfer (distribution, provision, access), depersonalization, blocking, deletion, destruction of personal data. In all other cases, the Beneficiary undertakes not to disclose to third parties the personal information of the Donor without his written consent. The exception is the requirements of this information by state bodies having the authority to request such information. Consent to the processing of personal data is valid until the donor does not withdraw it in writing.
45.3. The beneficiary does not bear any obligations to the donor other than the obligations specified in this Agreement.
6. Other conditions
6.1. In case of disputes and disagreements between the Parties under this agreement, they will be resolved as far as possible by negotiation. If it is not possible to resolve the dispute through negotiations, disputes and disagreements can be resolved in accordance with the current legislation of the Russian Federation in the courts at the location of the Beneficiary.
6.2 The Benificiary shall not be liable or responsible to the Donor, nor be deemed to have defaulted under or breached this SAFT, for any failure or delay in fulfilling or performing any term of this SAFT, including without limitation, launching the Spade Protocol or consummating the Spade Protocol launch, when and to the extent such failure or delay is caused by or results from acts beyond the affected party's reasonable control, including, without limitation: (a) acts of God; (b) flood, fire, earthquake or explosion; (c) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, or other civil unrest; (d) Law; or (e) action by any Governmental Authority.
7. Governing law
7.1. The governing law of this contract is the legislation of the Russian Federation.
The amount of SPX received for one ETH falls after each Sale round and in this way SPX is the cheapest during the Pre-Sale.
The amount of SPX distributed during each sale increases steadily after the Pre-Sale. The Jackpot amounts also increase in similar fashion but at much greater rate.
Each token being sold has a specific factor attached to it, the jackpot factor. The likelihood to win a lot is proportional to this factor.
Mind, that jackpot factors are ordered: even within one sale round, earlier contribution is rewarded with more ‘powerful’ tokens. The distribution of these factors for every round is shown in the table above.
Participants in the earlier jackpot rounds have small chance of winning large lot, while those participating later have higher chance of winning, but are rewarded with smaller lots.
In addition, earlier contributors participate in more jackpot rounds. This shouldn’t discourage late participation: the largest combined pool of prize tokens is played during the fourth jackpot round.
CEO and Co-founder
IT Mining Engineer
graduate the Moscow State Mining University
MBA program of Mining Nitu "MISiS"
Adviser to the General Director
of NP "Miners of Russia" and an
adviser to the Russian Academy
of Natural Sciences,
in the association
an assistant to the president.
CIO & Co-founder
ex Ceo of Man & Machine
A robotics research Company
Champion in Online Poker and Chess
Member of the AI Research Association
And just a cool guy.
the development of multiple
across Europe and US.
His knowledge of
the academic literature
on market microstructure
and its applications
to liquidity provision are integral
to Sp8de’s token market availability
his mastery of financial
essential to the technical
in financial engineering and
in devising complex
algorithms are now
fundamental to the technical
design of the Sp8de
protocol. Having raised funds
in US and Europe, he is also
an experienced entrepreneur
and passionate speaker and is
now strengthening the
business relations for Sp8de.
Konstantin has over
a decade of experience in
and entrepreneurship, as well
as 2 years of productive work
with blockchain- related infrastructure.
He is currently involved in marketing
and promoting the world’s largest
blockchain lottery platform,
World An active investor & platform
builder for over 20 years.
Built and sold companies
in over 20 countries including
NetplayTV (Playtech), TelecomsTV (Oxygen8),
HollywoodTV (Golden Race) and WHO Studios.
Co-Founder of CryptoPad and founder
of RealCasino and TheRedBox.
user interface and visual
and visual style for
web and mobile applications.
Visual design and
head of design department, „Yodiz“ studio.
Has experience of staging
in several projects
C(SONM, Humaniq, etc).
CEO of the Russian Media
8 years' experience
in Internet marketing
and creating web services.
Norman Chou is a blockchain
expert who brings over 20 years of
experience from the IT industry
in Silicon Valley developing business
partnerships globally. Not only has he
surpassed his goals in enterprise
sales year over year, but he is
also a thought leader in Blockchain
technologies. He has several engineering
accreditations in addition to specializing
in business marketing and communications.
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