LAST UPDATE 04/19/2022

The Terms and Conditions apply to the potential buyer of the $SOULx token (“You”, “Purchasers”, and each a “Purchaser”) and future user of the SuspendedSoul.com platform (“The Platform”) and constitute an agreement between The Platform and you. Please read these terms carefully before moving onto the token pre-sale and sale. The Terms and Conditions affects your obligations and legal rights, including but not limited to, waiver of rights and limitation of liability. If you do not agree to these terms of sale, do not participate in the sale of the $SOULx token.

By purchasing the $SOULx token during the token pre-sale, crowdsale period or acquiring them on an airdrop, you will be bound by this Terms and Conditions. Purchasers and holders of $SOULx tokens are aware that The Platform may change this Terms and Conditions at any time, on our sole discretion, without any prior notice to them. Any changes will be effective immediately upon posting on The Platform.

The $SOULx tokens are proprietary cryptographic tokens issued by the token vendor to function as the native utility token to be used on The Platform, as the means for holders of tokens who are users of The Platform to participate in decision-making relating to the modification, upgrading and improvement of the Platform among other uses.

1. Utility Token. Not a sale of a security Token

$SOULx token is a utility token and therefore it hasn’t been registered under any country´s securities laws. $SOULx tokens are not being structured or sold as securities of any form, units in a business trusts, units in a collective investment scheme or any other form of regulated investment or investment product in any jurisdiction. Owners of $SOULx Tokens are not entitled to any equity, shares, units, royalties to capital, profit, returns or income in The Platform.

2. Risk Statements

$SOULx tokens do not guarantee any fixed or floating returns. Purchasing $SOULx tokens involves substantial risk and may lead to a loss of capital. Prior to purchasing $SOULx tokens, you should carefully assess and take into account the risks, including those listed in any other documentation.

A Purchaser should not purchase $SOULx tokens for speculative or investment purposes. Purchasers should only purchase $SOULx tokens if they fully understand the nature of the $SOULx tokens and accept the risks inherent to the $SOULx tokens.

Purchaser has such knowledge and experience in financial and business matters that the Purchaser is capable of evaluating the merits and risks of such purchase, is able to incur in a complete loss of all amounts paid without impairing the Purchaser´s financial condition and is able to bear the economic risk of such purchase for an indefinite period of time.

Cryptographic tokens may be subject to expropriation and/or theft; hackers or other malicious groups or organizations may attempt to interfere with our system/network in various ways, including malware attacks, denial of service attacks, consensus-based attacks, sybil attacks, smurfing, and spoofing which may result in the loss of your cryptographic tokens or the loss of your ability to access or control your cryptographic tokens. In such event, there may be no remedy, and holders of cryptographic tokens are not guaranteed any remedy, refund or compensation.

The regulatory status of cryptographic tokens and digital assets is currently unsettled, varies among jurisdictions and subject to significant uncertainty. It is possible that in the future, certain laws, regulations, policies or rules relating to cryptographic tokens, digital assets, blockchain technology, or blockchain applications may be implemented which may directly or indirectly affect or restrict cryptographic token holders right to acquire, own, hold, sell, convert, trade, or use cryptographic tokens.

The tax treatment and accounting of $SOULx token is uncertain and may vary amongst jurisdictions. As said, uncertainty in tax legislation relating to cryptographic tokens and digital assets may expose cryptographic token holders to tax consequences associated with the use of trading or cryptographic token.

$SOULx token relies on the public Ethereum blockchain, which is still in a relatively early development stage and is unproven for this purpose. Any malfunction, flaws, breakdown, or abandonment of the Ethereum blockchain may have a material adverse effect on $SOULx token. Furthermore, developments in cryptographic technologies and techniques or changes in consensus protocol or algorithms could present risks to $SOULx token.

Digital assets and related products and services carry significant risks. Potential Purchasers should take into account all of the above and assess the nature of, and their own appetite for, relevant risks independently and consult their advisers before making any decisions.

You acknowledge, agree and warrant that you have been warned of the potential risks involved by buying $SOULx tokens and using other relevant technologies mentioned herein as well as that there may be other risks involved, which are not specified herein and that you fully accept such risks.

3. Security and Data Privacy

The Purchaser shall take best efforts to implement reasonable and appropriate measures designed to: (i) secure access to any device associated with Purchaser and utilized in connection with Purchaser´s purchase of $SOULx token; (ii) private keys to Purchaser´s wallet. In the event that Purchaser is no longer in possession of Purchaser´s private keys or any identifying credentials, Purchaser may lose all of Purchaser´s $SOULx tokens. The Platform is under no obligation to recover any $SOULx tokens and Purchaser acknowledges, understands and agrees that all purchases of $SOULx tokens are non-refundable, and Purchaser will not receive money or other compensation for any SOULx tokens purchased.

4. Professional advise