Welcome to iVOBS LICENSE & DIASPORA COIN LABS UAB (referred to as “iVOBS” or “we” or “us”). These Terms and Conditions (referred to as “Terms”) govern your access to and use of our online marketplace platform, website, and associated services (collectively referred to as the “Service”). By accessing or using our Service, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the Service.
To use our Service, you must be at least 18 years old and able to enter into legally binding contracts. You are solely responsible for complying with all applicable laws, regulations, and rules regarding your use of the Service.
Our Service is available only to independent businesses and service providers who have purchased a valid iVOBS license. By purchasing a license, you agree to pay all fees associated with the license, including any recurring fees, and to comply with all terms and conditions associated with the license.
You agree to use our Service only for lawful purposes and in accordance with these Terms. You agree not to:
All content and materials available on the Service, including but not limited to text, graphics, logos, button icons, images, audio clips, data compilations, and software, are the property of iVOBS or its licensors and are protected by United States and international copyright laws. You agree not to copy, reproduce, distribute, transmit, display, perform, publish, or create derivative works of any content or materials without the express prior written consent of iVOBS.
THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. WE EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL MEET YOUR REQUIREMENTS, BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR THAT DEFECTS IN THE SERVICE WILL BE CORRECTED.
To the maximum extent permitted by applicable law, iVOBS LICENSE & DIASPORA COIN LABS UAB, its affiliates, directors, officers, employees, agents, suppliers, licensors, and service providers shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation damages for loss of profits, revenue, data, use, goodwill, or other intangible losses arising out of or in connection with your use of the iVOBS platform, whether based on contract, tort, strict liability, or any other legal theory, even if iVOBS LICENSE & DIASPORA COIN LABS UAB has been advised of the possibility of such damages, and even if any remedy fails of its essential purpose. In no event shall iVOBS LICENSE & DIASPORA COIN LABS UAB’s aggregate liability for any and all claims relating to the iVOBS platform exceed the total amount paid by you, if any, to iVOBS LICENSE & DIASPORA COIN LABS UAB during the 12-month period preceding the event giving rise to the claim.
If any part of this limitation of liability is found to be invalid or unenforceable for any reason, then the aggregate liability of iVOBS LICENSE & DIASPORA COIN LABS UAB under such circumstances for liabilities that otherwise would have been limited shall not exceed one hundred United States dollars (USD 100.00).
Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitation or exclusion may not apply to you.
The Diaspora [$DSP] token does not meet the legal qualification of a security as it does not give its holder any rights to dividends or interest payments. The sale of Diaspora [$DSP] tokens is final; therefore, tokens sold at the initial coin offering are non-refundable.
The Diaspora [$DSP] token is not a share in the iVOBS LICENSE & DIASPORA COIN LABS UAB. Furthermore, the Diaspora [$DSP] token does not grant its owner or holder the right to participate in general meetings of the iVOBS LICENSE & DIASPORA COIN LABS UAB.
Anyone purchasing Diaspora [$DSP] does so, understanding that the token holds no value outside of the iVOBS License marketplace, exchange, and wallet. The purchaser of the Diaspora [$DSP] token recognises that participation in the initial coin offering means that they have significant experience and knowledge about cryptocurrencies, blockchain technology, and the eCommerce and ePayments space. Participants in the initial coin offering do so, understanding the risks of investing in cryptocurrencies.
iVOBS LICENSE & DIASPORA COIN LABS UAB will not be responsible for any loss of Diaspora [$DSP] tokens or any situation which makes these tokens impossible to access. This includes any and all actions, or lack thereof, that involves acquiring, storing, and transferring the Diaspora [$DSP].
iVOBS LICENSE & DIASPORA COIN LABS UAB is not responsible for any monetary loss the investor may incur when participating in the Diaspora [$DSP] initial coin offering.
Anyone participating in the initial coin offering expressly acknowledges that they have carefully read this whitepaper in full and thoroughly understands the risks, costs, and benefits associated with purchasing Diaspora [$DSP].
By participating in the initial coin offering, the purchaser agrees that they represent and warrant the following:
Any dispute arising before, during, or after the initial coin offering will be resolved by arbitration following the Rules of International Arbitration of the Chamber of Commerce. The arbitration panel shall consist of only one arbitrator.
The seat of the arbitration shall be in the Republic of Lithuania.
The arbitral proceedings will be conducted in English.
PLEASE READ THIS SECTION OF THE DOCUMENT CAREFULLY. CONSULT LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISORS; IF YOU ARE IN ANY DOUBT ABOUT THE ACTION YOU SHOULD TAKE. THIS DOCUMENT’S INFORMATION MAY NOT BE EXHAUSTIVE AND DOES NOT IMPLY ANY ELEMENTS OF A CONTRACTUAL RELATIONSHIP OR OBLIGATION. WHILE EVERY EFFORT HAS BEEN MADE TO ENSURE THE INFORMATION IN THIS WHITEPAPER IS ACCURATE, AND UP TO DATE, THIS DOCUMENT SHOULD IN NO WAY BE CONSIDERED INVESTMENT ADVICE. WE DO NOT GUARANTEE NOR ACCEPT ANY LEGAL LIABILITY ARISING FROM THE ACCURACY, RELIABILITY, CURRENCY, OR COMPLETENESS OF ANY MATERIAL CONTAINED IN THIS DOCUMENT. NO PART OF THIS DOCUMENT IS LEGALLY BINDING OR ENFORCEABLE, NOR IS IT MEANT TO BE.
This whitepaper is not an invitation to enter into an investment and should not be considered under any circumstances to be an invitation. Furthermore, this whitepaper does not constitute or relate to in any way the sale of a security in any jurisdiction. The whitepaper does not include any information that may be considered investment advice. iVOBS LICENSE & DIASPORA COIN LABS UAB is not to be considered your legal advisor in any legal, tax, or financial matters and bears no liability. According to the Republic of Lithuania law, iVOBS LICENSE & DIASPORA COIN LABS UAB is not a financial intermediatory and, hence, does not require authorisation for anti-money laundering (AML) in its country of operation. The information in this whitepaper is provided for general information purposes only, and iVOBS cannot guarantee the accuracy or completeness of this information.
Diaspora [$DSP] token is a utility token that can only be used on the iVOBS platform. Acquiring Diaspora [$DSP] shall not grant any rights or influence over iVOBS LICENSE & DIASPORA COIN LABS UAB’s organisation or governance. The Diaspora [$DSP] token is, therefore, not a security. Should Diaspora [$DSP] be listed on a trading platform, irrespective of whether that platform is a centralised or decentralised exchange, this will not change the legal definition of this utility token. In other words, listing Diaspora [$DSP] on any trading platform will not turn it from a utility token into a security. Regulatory authorities are carefully scrutinising businesses and operations associated with cryptocurrencies worldwide. In that respect, regulatory measures, investigations or actions may affect iVOBS LICENSE & DIASPORA COIN LABS UAB’s business and even limit or prevent it from developing its operations in the future. Any person undertaking to acquire Diaspora [$DSP] tokens must be aware of the iVOBS LICENSE & DIASPORA COIN LABS UAB business model and the risks involved with this model.
This whitepaper relies on several assumptions and forecasts. As such, this model is only as good as those assumptions and forecasts are. Any significant deviation would subsequently impact any outcomes mentioned in this document or inferred by its reader. This whitepaper aims to provide a fair token price valuation based on the merits of the business behind it (as far as those merits are known/estimated at the point of the whitepaper’s creation). It can, therefore, not account for any possible speculative action, changes in the economic climate, market manipulation by any party, or irrational market behaviour. Furthermore, the whitepaper or the terms and conditions may change or need to be modified because of new regulatory and compliance requirements with applicable laws in any jurisdiction. In such a case, purchasers and anyone undertaking to acquire Diaspora [$DSP] tokens acknowledge and understand that neither iVOBS LICENSE & DIASPORA COIN LABS UAB nor any of its affiliates shall be held liable nor responsible for any direct or indirect loss or damage caused by such changes.
iVOBS LICENSE & DIASPORA COIN LABS UAB will do all it can to launch its operations and develop the platform.
However, purchasers of the Diaspora [$DSP] token understand and acknowledge that iVOBS LICENSE & DIASPORA COIN LABS UAB cannot guarantee that it will manage to achieve it. Therefore, iVOBS LICENSE & DIASPORA COIN LABS UAB (including all its affiliates, bodies, and employees) assume no liability or responsibility for any loss or damage that would result or relate to the incapacity to use Diaspora [$DSP] tokens – except in the case of intentional misconduct or gross negligence on the part of iVOBS LICENSE & DIASPORA COIN LABS UAB employees.
EACH BUYER IS STRONGLY ADVISED TO CARRY OUT A LEGAL AND TAX ANALYSIS CONCERNING THE PURCHASE AND OWNERSHIP OF CRYPTOCURRENCY AND TOKENS ACCORDING TO THEIR NATIONALITY AND PLACE OF RESIDENCE. EVERYTHING IN THIS DOCUMENT IS THE AUTHOR’S OWN WORK, WITH EXTERNAL SOURCES AND REFERENCES PROVIDED WHERE APPROPRIATE. NONE OF THE INFORMATION OR ANALYSES IN THIS DOCUMENT IS INTENDED TO PROVIDE A BASIS FOR AN INVESTMENT DECISION, AND NO SPECIFIC INVESTMENT RECOMMENDATION IS MADE. THIS DOCUMENT DOES NOT CONSTITUTE INVESTMENT ADVICE OR AN INVITATION TO INVEST IN ANY SECURITY OR FINANCIAL INSTRUMENT.
English White Paper