Policy | Staking-CHAIN

Zentachain LLC

Friedrichstrasse 171, 10117 Berlin, Germany
Commercial Register: HRB 242677 B
VAT ID: DE363535928
Managing Director: Harun Kacemer, CEO & Founder

Last updated: 15th Feb 2024

1. Content

The author reserves the right not to be responsible for the topicality, correctness, completeness or quality of the information provided. Liability claims regarding damage caused by the use of any information provided, including any kind of information which is incomplete or incorrect, will therefore be rejected.

Before you proceed with the acquisition of CHAIN tokens, it is crucial that you understand the terms under which this offering is made. The CHAIN token is the proprietary digital asset of the Zentachain software network, designed to facilitate operations and governance within our ecosystem.

2. German Law:

In accordance with German financial and consumer protection laws, this policy outlines the framework of our CHAIN token trade. Our offering complies with the legal requirements set forth for digital assets, ensuring transparency, security, and fairness for all participants.

3. Token Nature and Usage:

The CHAIN token is a utility token within the Zentachain ecosystem. It is not a financial instrument, security, or investment product. The token's primary purpose is to enable participation in the Zentachain network, including but not limited to governance, transactions, and access to services.

4. No Refund Policy:

Participants acknowledge that all purchases of CHAIN tokens are final. Refunds are not available under any circumstances. This policy is in place to ensure the stability and security of the token sale process and is in compliance with German regulations concerning digital asset transactions.

5. Allocation of Funds:

Funds raised from the CHAIN token sale will be allocated to various strategic areas essential for the growth and development of the Zentachain ecosystem. These include marketing efforts to enhance community engagement, continuous development to expand network functionalities, and listings on centralized exchanges to ensure token liquidity and accessibility.

6. Risks and Acknowledgment:

By participating in the CHAIN token trade, contributors confirm their understanding of the risks associated with digital asset transactions. Contributors also agree to abide by the terms set forth in this policy, acknowledging the non-investment nature of the CHAIN token and its role within the Zentachain ecosystem.

7. Transparency and Compliance:

Zentachain is committed to operating in a transparent and compliant manner. We adhere to the highest standards set by German law for digital asset offerings, ensuring that our community is well-informed and protected. By engaging in the CHAIN token trade, you signify your acceptance of this policy and your commitment to uphold the principles and regulations governing this transaction. We thank you for your support and look forward to your active participation in the Zentachain community.

8. Data Collection

Zentachain collects data related to interactions with the CHAIN token's smart contracts and wallet transactions within our ecosystem. This includes, but is not limited to, wallet addresses, transaction histories, and interactions with our smart contracts. This information is vital for the distribution of CHAIN tokens, as well as for identifying and addressing bugs, and enhancing the functionality and security of our network.

The data collected serves multiple purposes:

Token DistributionTo accurately distribute CHAIN tokens to participants within the ecosystem.

System OptimizationTo identify, diagnose, and fix bugs, and to make necessary updates and improvements to our code and infrastructure.

Security to ensure the integrity and security of transactions within the Zentachain ecosystem.

9. Data Management and Security

All funds associated with CHAIN token transactions are transferred to a secure, encrypted multisig wallet. This wallet is public, ensuring transparency and security for all participants in the ecosystem. Our commitment to data security and privacy is paramount, and we employ advanced encryption and security practices to protect all collected data.

10. User Rights and Data Removal

In compliance with German data protection laws and regulations, including the General Data Protection Regulation (GDPR), participants have the right to request the removal of their personal data from our analysis software and databases. Zentachain respects the privacy and data rights of all our users. If you wish to exercise this right, please contact us through the designated channels provided on our platform.

11. Transparency and Compliance

Zentachain is dedicated to maintaining the highest standards of transparency and legal compliance, particularly in relation to data collection, use, and protection. Our policies are designed to comply with German law and international data protection standards, ensuring that our participants' information is handled responsibly and ethically.

12. Liability for Links

Our site contains links to external websites, for which we are not responsible. We do not have control over the content and practices of these sites. Zentachain reserves the right to update the Trade Policy at any time without prior notice. By participating in the CHAIN token trade, you agree to be bound by any such revisions and should therefore periodically visit this page to review the current Trade Policy to which you are bound.

Data Protection

For questions about data protection, contact Maja Smoltczyk at Datenschutz-Berlin.

EU Dispute Resolution

Consumers can submit complaints to the European Commission's online dispute resolution platform. We are not obliged to participate in dispute settlement procedures before a consumer arbitration board. Visit EU Dispute Resolution Platform.

Contact Information

For more information or support, please visit our Contact Page.

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