Terms of Use for iDegen
1. General Terms
1.1 Introduction
This Privacy Policy and Terms of Use (“Terms”) govern your participation in the iDegen ICO, access to our services, and interactions within our community. By using our services or participating in the ICO, you agree to be bound by these Terms. If you do not agree, you must cease all use of our services.
1.2 Governing Law
These Terms are governed by the laws of Saint Vincent and the Grenadines (SVG) and comply with the Virtual Assets Business Act (VABA), enacted in May 2022. Any disputes arising from these Terms will be subject to the exclusive jurisdiction of the courts of Saint Vincent and the Grenadines.
2. Token Presale and Listing Terms
2.1 Presale Terms
The Token Generation Event (TGE) presale price and listing date are subject to change without prior notice. Such changes may occur due to market conditions or requirements agreed with centralised exchange (“CEX”) partners and marketing activity of the token. We disclaim all liability for changes in listing price, date, or time.
2.2 Listing Details
This is subject to revision based on market conditions and future contractual agreements with third party listing agents.
3. Auction Process
3.1 Dynamic Pricing Model
- Unchanged Price: If at least one purchase occurs within a 5-minute interval, the price remains unchanged for the next interval.
- Price Increase: If purchases occur in two consecutive intervals, the price increases by 5% for the next interval.
- Price Decrease: If no purchases occur within a 5-minute interval, the price decreases by 5%.
3.2 AI-Controlled Pricing
These pricing adjustments are automated and cannot be manually altered. Participants should carefully review this model before engaging in the auction.
4. Data Privacy
4.1 User Data
We do not collect or store any personal user data. As such, we cannot directly contact users regarding their investment or project updates.
4.2 Responsibility for Staying Informed
It is the sole responsibility of users to stay informed by monitoring our official communication channels on the X platform (formerly Twitter) and Telegram. We strongly recommend checking these platforms regularly for updates.
4.3 Compliance with AML/KYC Regulations
As part of our commitment to compliance, we reserve the right to implement Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures for participants. Users may be required to verify their identity before participating in the iDegen ICO.
5. Community Guidelines
5.1 Code of Conduct
All participants in the iDegen community must adhere to respectful communication. Offensive language, harassment, or disruptive behaviour is strictly prohibited.
5.2 Rights of Moderation
We reserve the right to ban users from our official social channels, including Telegram and the X platform, for violating community standards or engaging in harmful behaviour.
5.3 AI Interaction
While interacting with the AI, you understand that we hold no liability for offensive or inappropriate content generated by the AI in response to community prompts. Additionally, we accept no responsibility if the X platform imposes restrictions or bans on the AI’s account.
6. Ownership and Intellectual Property
6.1 Intellectual Property Rights
All rights to the iDegen name, logo, branding, and other intellectual property (“IP”) belong exclusively to us. No part of this IP may be reproduced, used, or misrepresented without prior written consent.
6.2 Prohibited Uses
Impersonation of iDegen or misuse of its IP for fraudulent or misleading purposes is a breach of these Terms and may result in legal action.
7. Investment Risks
7.1 Risk Disclaimer
Cryptocurrency investments carry extreme risks. Users may experience total loss of invested funds due to market volatility, technical failures, or other factors. Virtual currencies are high-risk investments. Do not invest more than you can afford to lose. Digital assets can be highly volatile and risky. You should seek independent professional advice before making any investment decisions. Past performance does not guarantee future results.
7.2 Regulatory Changes
We disclaim liability for any adverse impacts resulting from regulatory changes in your country of residence that may affect the success or release of the iDegen project.
7.3 No Financial Advice
The information provided on our platform does not constitute financial, investment, or legal advice. Users are encouraged to consult with qualified professionals before making any investment decisions.
12. Contact Information
12.1 Official Communication Channels
12.2 Support Contact
For further inquiries, please contact us at:
Email: contact@idegen.ai
Website Live Chat: idegen.ai
