BEFORE ATTENDING ANY PURCHASE OF TYT TOKENS PLEASE READ THIS DOCUMENT AND THE PROJECT LITEPAPER CAREFULLY. THIS DOCUMENT DOES NOT REPLACE THE EXPERT ADVICE OF A BANKER, LAWYER OR TAX ADVISOR REGARDING PURCHASE OF TYT TOKENS. NO REPRESENTATION OR WARRANTY IS MADE AS TO WHETHER, OR THE EXTENT TO WHICH, THE TYT TOKENS PURCHASE IS LEGAL FOR TOKEN RECIPIENTS FROM COUNTRIES WHERE THOSE ACTIVITIES ARE RESTRICTED.
BY ACCEPTING THESE TERMS OR RECEIVING ANY TYT TOKENS, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS AND ACKNOWLEDGE THAT YOU HAVE CAREFULLY REVIEWED THESE TERMS AND FULLY UNDERSTAND THE RISKS, COSTS, AND BENEFITS OF PURCHASING TYT TOKENS. IF YOU ARE IN ANY DOUBT AS TO THE NATURE OF THIS TOKEN ISSUANCE, THE RISKS INVOLVED OR THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL ADVISOR.
TYT TOKENS DO NOT CONSTITUTE SECURITIES PURSUANT TO LIECHTENSTEIN AND EUROPEAN UNION LAW. DEPENDING ON THE RESIDENCE OF THE TOKEN RECIPIENT, SUCH QUALIFICATION MAY BE ALTERED FUNDAMENTALLY. ANY TOKEN RECIPIENT IN PARTICULAR FROM OUTSIDE OF THE EUROPEAN UNION SHOULD CONSULT THEIR LEGAL ADVISORS REGARDING SUCH MATTERS PRIOR TO ANY TYT TOKENS PURCHASE.
THESE TERMS SHALL IN NO WAY BE CONSIDERED TO CONSTITUTE A PROSPECTUS, A SOLICITATION FOR INVESTMENTS IN TYT TOKENS OR INVESTMENT ADVICE BY ANY MEANS.
DUE TO THE LEGAL NATURE OF TOKENS IN GENERAL THERE ARE CERTAIN RISKS ASSOCIATED WITH TYT TOKENS WHICH ARE DESCRIBED HEREIN. BY ACCEPTING THESE TERMS AND CONDITIONS (HEREINAFTER “TERMS“), TOKEN RECIPIENTS AGREE TO BE PROPERLY INFORMED ABOUT ALL POSSIBLE RISKS ARISING FROM THIS TOKEN OFFERING. THESE TERMS MIGHT CONTAIN BINDING WAIVERS WHICH – IF APPLICABLE TO THE INDIVIDUAL TOKEN RECIPIENT MIGHT AFFECT HIS LEGAL RIGHTS. IF THE TOKEN RECIPIENT DOES NOT AGREE TO THESE TERMS AS STATED BELOW, HE SHALL NOT PARTICIPATE IN THE TOKEN OFFERING.
The following Terms constitute a binding agreement between LCX AG and the individual participant in the TYT Token sale (hereinafter “Token Sale“).
The offering of the TYT Token (“TYT Token” or “Token”) is carried out by LCX AG (“the Issuer”) on behalf and for account of Gamebop GmbH, a limited company incorporated in the Principality of Liechtenstein, registered with the Liechtenstein Commercial Register under registration Number FL-0002.647.739-6, with the seat and correspondence address at Immagass 4, 9490 Vaduz, Principality of Liechtenstein.
Subject of this Token Offering will be the transfer of tokens (hereinafter “TYT Token“) in the form of an ERC-20 token on the Ethereum Blockchain. The TYT Token will be transferred to the Token Holder (hereinafter “Token Holder” or “Token Recipient“) at LCX token sale online platform. Token Issuer and Token Recipient shall hereinafter be referred to as “Parties”.
LCX AG is offering (hereinafter the “Offering” or “Token Offering“) up to a maximum of 2,200,000 (two million and two hundred thousand) TYT Tokens via private and public sale to the market. The total supply of TYT tokens is 48,000,000 (forty eight million).
BY ACCEPTING THESE TERMS OR RECEIVING ANY TYT Tokens, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS AND ACKNOWLEDGE THAT YOU HAVE CAREFULLY REVIEWED THESE TERMS AND FULLY UNDERSTAND THE RISKS, COSTS, AND BENEFITS OF PURCHASING TYT TOKENS. IF YOU ARE IN ANY DOUBT AS TO THE NATURE OF THIS TOKEN OFFERING, THE RISKS INVOLVED OR THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR ADVISORS. IF YOU HAVE NOT READ OR DO NOT AGREE WITH THE TERMS STATED IN THIS DOCUMENT, DO NOT PURCHASE TYT Tokens.
The Basic Information according to Art. 33 of Tokens and TT Service Provider Act (“TVTG”) can be accessed online at(Basic Information) Add Link
The TYT Token official website and litepaper can be accessed here:
In case questions arise regarding these Terms respectively the Token Offering in general, feel free to contact the Token Issuer anytime by eMail at:
Potential purchase of TYT Tokens should be conducted by individuals or legal entities that have profound experience with, and understanding of the usage and intricacies of distributed ledger technology, blockchain-based software systems and applications, including and in particular the Ethereum Blockchain and tokens.
Even though LCX AG will do its best to assist its customers where it will be necessary and asked for, it is not liable for any losses of tokens due to actions exclusively performed by the Token Recipient. It is therefore up to the sole discretion of the Token Recipients to assess their capability to be able to perform all steps necessary to receive the TYT Tokens. By accepting these Terms, the Token Recipient acknowledges to satisfy the aforementioned requirements.
As further described herein and permitted by Liechtenstein law, by participation in the TYT Token Offering by purchasing the TYT Tokens, the Token Recipient agrees to not hold the Token Issuer or its respective past, present, and future employees, officers, directors, contractors, consultants and/or equity holders liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to the Token Offering.
Table of Content
Considering the recitals above, the Parties agree as follows:
These Terms become effective by the time the Token Recipient checks the respective boxes concerning the acceptance of these Terms and by clicking the accept button next to “I have read the Basic Information and accept the Terms of Token Sale.” on the token sale page at https://accounts.LCX.com/token-sale.
This document contains relevant terms and conditions that govern the purchase and usage of TYT Tokens. These Tokens are unique ERC-20 tokens programmed using smart contract systems and compatible with the Ethereum blockchain.
Issuer of the TYT Tokens is LCX AG, a Liechtenstein registered company by shares that holds all relevant registrations required by Liechtenstein law, particularly the Liechtenstein act on Tokens and Trustworthy Technologies (hereinafter the “Liechtenstein Blockchain Act” or “TVTG”). The offering of the TYT Token is carried out by LCX AG on behalf and for account of the Bounty Temple platform and brand (hereinafter “Orasis Studio LLC”). a company incorporated in Jalan Setia Perdana BC U13/BC, Setia Alam, 40170 Shah Alam, Selangor, Malaysia (“Bounty Temple” or “Orasis Studio”).
The Bounty Temple Litepaper concerning Bounty Temple and TYT Token is publicly available at https://bountytemple.gitbook.io/whitepaper-v1
Expressed reference is made to the Basic Information according to Art. 33 TVTG being an integrated part of the Terms, which has been published here and submitted to the Financial Market Authority Liechtenstein with respective notification:
Basic Information Sheet – Click Here
Bounty Temple will be the first blockchain game to revolutionise the GameFi ecosystem with a new model: P2EE (Play-to-Earn Evolution).
Bounty Temple’s development team, the P2EE model is the world’s first solution to the issues presented by the existing P2E model. The P2EE model is designed to address the current issues surrounding blockchain gaming, thus providing a long-term and sustainable gameplay experience.
Bounty Temple will be the pilot project featuring the P2EE model, with up to 100 games in the pipeline ready to adopt this new model. With its success, we envision that P2EE will change the landscape of GameFi forever.
VISION AND MISSION
To revolutionise the GameFi industry via the visionary Play-to-Earn Evolution (P2EE) model, thus improving sustainability of P2E games and creating a healthier ecosystem where players can earn a viable income while enjoying their favourite games.
We aim to utilise proprietary algorithms to improve and regulate the economy of Bounty Temple, which is our pilot project featuring the P2EE model. Players will be incentivised to enter and stay in the ecosystem, due to the potential of earning assets that retain their value over time.
Too often, P2E players are only in it for the profits, spending hours a day grinding mindlessly to collect a meagre paycheck at the end of the month. We plan to eradicate that culture by creating an enjoyable and easy-to-pick-up game that allows players to earn in as little as 15 minutes a day – and actually enjoy the time they spend playing it.
Symbiotic scholar-manager relationships are ubiquitous in the GameFi world. However, they are often unregulated, leading to problems that may harm the overall player experience and discourage newcomers from entering the space. By creating a centralised and automated scholar ecosystem, we take the hassle and risk out of the interactions, allowing stakeholders to simply sit back and enjoy the benefits.
By registration and participation in this Token Offering, the Token Recipient warrants to provide accurate, current and complete information about his identity, residence, source of funds and further information that is or might become relevant. The Token Issuer may demand additional information during the course of the Token Recipients ownership of TYT Tokens.
In order to validate the information provided by the Token Recipient, LCX AG may submit inquiries including but not limited to commercial databases, population registers or other data provided by governmental agencies or accredited data vendors.
Any data provided by the Token Recipient during or as part of the Token Offering will be processed and stored in accordance with the applicable Liechtenstein data protection laws. Any personal data will not be processed in a way that is incompatible with these laws. The provisions of Article 30 of the Data Protection Act and Article 15 General Data Protection Regulation (“GDPR”) apply to the right to information.
$TYT is the utility token that powers the Bounty Temple ecosystem. The $TYT
token can be used within the Bounty Temple ecosystem to provide users with discounts on trading fees, staking rewards, access to new NFTs launches, and the ability to vote on decisions concerning the developments of Bounty Temple
$TYT is used in crafting BTMs, which are required to play Bounty Temple.
Put your $TYT to good use by staking them, thus compounding your earnings using the proof-of-stake model. $TYT is also the currency used for trading, both in-game and on the open market.
When governance is introduced, $TYT will allow users to vote on future developments of Bounty Temple, thus providing $TYT owners equity in the project.
TOKEN RELEASE STRUCTURE
Private sale participants are divided into two different vesting schedules depending on their entry point and price:
Private sale has the following vesting structure:
The public sale has the following vesting structure:
Listing means “the listing day of the $TYT token on LCX Exchange.”
Any of these parameters may be changed any time at the sole discretion of the Project Team to the extent allowed by Liechtenstein law by up-dating information in the Litepaper and at the Project homepage: https://bountytemple.com/
Purchase price will be accepted in BTC, ETH, USDC or EUR.
All purchases of TYT Tokens are final. Respective purchases are non-refundable. By accepting the Terms, the potential Token Recipient acknowledges that the Token Issuer and Bounty Temple are not required to provide a refund for any reason besides the ones stated by Liechtenstein law.
Reference is made to the general terms of service (https://www.lcx.com/terms-of-service/), in particular with regard to the right of withdrawal.
Tokens are provided on an “as is” basis: Tokens will be provided on an “as is” basis. The Token Issuer and each of their respective directors, officers, employees, equity holders and affiliates make no representations or warranties of any kind. Digital assets are part of a new and rapidly evolving industry, and the value of TYT depends on the development and acceptance of this industry. Extreme volatility in the future could have a material adverse effect on the value of TYT and TYT could lose all or substantially all of its value.
In order to participate in the Token Sale the Token Recipient must comply with the following requirements:
Generally, every person complying with the list mentioned above is eligible to participate in the Token Sale and purchase TYT Tokens.
However, if any person features criteria mentioned below, he/she will be excluded from participation:
The participation process looks as follows:
Withdrawals of TYT Token will be initially blocked and vesting may occur depending on vesting schedule and locking scheme.
The participation process may be amended pursuant to Section XVI. of these Terms upon obtained experience from previously conducted auctions due to for instance network congestion or other technical challenges.
The Token Issuer will not sell any Tokens where potential buyers are citizens or residents of restricted jurisdictions as determined by the Token Issuer. In particular, restricted jurisdictions are the United States of America, further any US persons are prohibited from participating. The following Jurisdictions are defined as prohibited countries according to Issuers AML framework in general: Afghanistan, Angola, Bahamas, Barbados, Bangladesh, Bosnia and Herzegovina, Botswana, Burkina Faso, BVI, Cambodia, Cayman Islands, China, Colombia, Cook Islands, Crimea Region, Cuba, Ecuador, Eritrea, Ethiopia, Ghana, Guyana, Iran, Iraq, Jamaica, Kenya, Kosovo, Laos, Lebanon, Libya, Mauritius, Montserrat, Morocco, Myanmar (Burma), Nauru, Nicaragua, North Korea, Pakistan, Palestinian Territory and Gaza Strip, Panama, Papua New Guinea, Samoa, Sao Tome and Principe, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tonga, Trinidad and Tobago, Tunisia, Uganda, Vanuatu, Venezuela, Yemen, Zimbabwe.
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR CHINA OR OTHERWISE THAN TO PERSONS TO WHOM IT CAN LAWFULLY BE DISTRIBUTED – THIS TOKEN OFFERING IS AVAILABLE ONLY TO ADDRESSES OUTSIDE OF THE UNITED STATES, CHINA OR OTHER RESTRICTED JURISDICTIONS.
The Token Issuer has the right to amend the lists of restricted countries at any time and at its sole discretion. Depending on the Token Recipient’s country of residence, the legal assessment of the TYT Token may be changed fundamentally upon respective amendments of domestic legislation. It is up to the Token Recipient to keep track of such changes. The Token Issuer is not liable for any mutations in the legal assessment of the Token arising from any developments in domestic legislations within the countries of the above-mentioned list.
Countries which are stated in the above-mentioned lists are restricted countries. The Token Issuer is not liable for any changes in the legal assessment pursuant to a certain national legislation of a restricted country that turned applicable due to the Token Recipient’s relocation. In such cases, the Token Recipient must keep track of the above-mentioned list of non-restricted countries.
The Token Recipient shall not participate in the Token Offering if there are applicable legal restrictions in his country of residence or domicile. It is his sole responsibility to ensure that the participation in the Token Offering is not prohibited under the applicable legal restrictions in his country of residence or domicile.
The purchase of Tokens during the Token Auction is final. Purchases cannot be cancelled and purchases cannot be refunded, except as provided in these Terms or as may be required by applicable law.
The Token Issuer has the right to reject the Token Recipient’s offer to purchase TYT Tokens, in whole or in part, without giving a reason for the rejection. Under those circumstances, the cryptocurrency, fiat or other payment submitted will be returned in the manner they were received.
The Token Recipient acknowledges and agrees that, to the fullest extent permitted by Liechtenstein law, the disclaimers of liability contained herein apply to all damages or injury whatsoever caused by or related to:
LCX AG cannot be held liable for any misinformation provided by the Token Recipient. In particular, the Token Issuer may not be held liable for any loss of TYT Tokens due to:
The Token Issuer’s aggregate liability in tort, contract or otherwise, arising out of or in connection with the use, receipt or holding of TYT Tokens is limited to the amount paid by the Token Holder for the receipt of the Token.
By agreeing to these Terms and accessing the Service, you agree, to the fullest extent permitted by applicable law, to indemnify, defend, and hold harmless LCX, and our respective past, present, and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors, and assigns (individually and collectively, the “LCX Parties”), from and against all actual or alleged claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys’ fees and expenses), and costs (including, without limitation, court costs, costs of settlement, and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract, or otherwise (collectively, “Claims”), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Service, content, NFTs, or content linked to or associated with any NFTs (b) any Feedback you provide, (c) your violation or breach of any term of these Terms or applicable law, and (d) your violation of the rights of or obligations to a third party, including another user or third-party, and (e) your negligence or wilful misconduct. You agree to promptly notify LCX of any Claims and cooperate with the LCX Parties in defending such Claims. You further agree that the LCX Parties shall have control of the defense or settlement of any Claims.
Tokens are non-refundable: The Issuer is not obliged to provide Token Recipients with a refund for any reason and Token holders cannot request an exchange/redemption of the monetary value vis-à-vis LCX AG or vis-à-vis Bounty Temple (Gamebop GmbH) to the extent possible under Liechtenstein law.
Furthermore, in any of the cases set forth in Section X. of these Terms, Token purchase price refunds are foreclosed. All cases under this part of the Terms constitute circumstances that are due to the fault of the Token Recipient. The Token Recipient must ensure that it has the necessary assets and provides the Token Issuer with the correct information.
These Terms constitute the entire agreement between the Token Recipient and the Token Issuer relating to the purchase and sale of Tokens. This agreement replaces all formerly closed agreements (disregarding of oral or written) relating to the Token Offering.
The failure of the Token Issuer to enforce or to exercise any rights or claims under these Terms shall not be construed as a waiver of such rights. The Token Issuer’s express waiver of any rights or claims under these Terms shall not be deemed to be a waiver of any future obligation to comply with such provisions unless such waiver was expressly stated by the Token Issuer. Additionally, any such waiver, representations, statements, consents or other acts (may they be orally or in written) shall have the effect of a modification of these Terms
The Token Recipient represents and warrants to the Token Issuer that:
These Terms are exclusively in force between the Token Issuer and the Token Recipient. Any assignment or transfer of rights, claims or obligations pursuant to these Terms in violation of this section shall be deemed to be void. The Token Issuer may transfer and/or assign rights, claims, obligations or others to an affiliated entity at any time at its sole discretion without the prior consent of the Token Holder. If any transfers take place in violation of this section, they shall neither have any effect or impose any obligation vis-à-vis the Parties to these Terms.
The Token Issuer reserves its right to amend these Terms anytime and in its sole discretion to the extent necessary to comply with applicable domestic or European Union law or regulations. Such amendments will be disclosed to all Token Holders through publication on the Token Issuer’s homepage.
By the time of publication, each Token Recipients will have the possibility to deny the application of the amendments to these Terms within the course of 10 days. If no objection was brought to the Token Issuer, such amendments will be deemed to be accepted by the Token Holders. The amendment’s effect will turn into force on the 11th day following its publication. Other than that, changes to these Terms may merely be conducted by particular written consent of both parties.
LCX AG’s intellectual property includes inventions, ideas, concepts, software-codes by any means (written as well as electronic) as well as the software involved in general, information and data whether or not patentable, copyrightable or protectable in trademark and any trademarks, copyright or patents based thereon. You may not use any of the above-mentioned Token Issuer’s intellectual property for any reason without its prior written consent.
In case a Liechtenstein court finds these Terms respectively a portion thereof invalid, unenforceable or illegal, the Terms remain in force merely to the extent of such determination of invalidity, unenforceability or illegality without affecting the validity, enforceability and legality of the other part. The remaining part of these Terms shall continue to be in full force and effect. In case of a request of the Token Issuer, such invalid, unenforceable and/or illegal provisions shall be construed by the court in a way that most closely reflects the effect and intent of its original wording.
These Terms shall be governed by, and construed in accordance with the laws of Liechtenstein. The Parties exclude the application of any international treaty or convention.
LCX AG is a company founded in 2018 and registered in Liechtenstein No. FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider.
LCX AG Herrengasse 69490 VaduzLiechtenstein
LCX AG © 2018-2024. All Rights Reserved