Donation Agreement
Effective Date: Follows the page content update date.
These Terms and Conditions (“T&C”) apply to the donation program of Xone Chain (“Xone,” “we,” or “our”). By participating in this donation, you (“Participant”) agree to comply with these terms and conditions.
1. Introduction
Xone Chain is a leading behavior-value-incentivized public blockchain (BVI). In Xone Chain, every interaction creates value, and every contribution deserves encouragement. Xone Chain is a decentralized blockchain platform that utilizes the native XOC token for transaction fees, decentralized governance, and rewards within the Xone ecosystem. The donation program aims to build consensus around Xone.
2. Eligibility
To participate in the donation, participants must:
- Be at least 18 years old;
- Not be residents or citizens of countries where participation in donations is prohibited or restricted (e.g., the United States, China);
- Understand and accept the risks associated with cryptocurrency and blockchain-related projects.
3. XOC Coin
XOC Coin is the native cryptocurrency of Xone Chain. It will be used in the Xone ecosystem for transaction fees, staking, governance voting, and rewards. XOC Coin does not represent any ownership, control, or security interest in Xone Chain.
4. General Donation Program
- During the donation period, payments can be made using supported cryptocurrencies, specifically USDH;
- Each participant may donate in 10 increments, each valued at 100.00 USDH, and receive 666 XOC in return;
- Total donation allocation: 45,000,000.00 XOC (representing 4.5% of the total allocation).
5. Knight Donation Program
Each knight may donate one increment valued at 10,000.00 USDH and receive 9 exclusive benefits:
- Access to exclusive Xone platform NFTs;
- Eligibility to recommend high-quality projects;
- Honorary certificate issued by the Foundation;
- Subsidies for community member referrals;
- Node mining income as a member of the Xone organization;
- Priority in investment opportunities;
- Eligibility to participate in global events hosted by Xone Chain;
- Priority access to airdrop benefits within the Xone ecosystem;
- On-site access to the Foundation's headquarters, providing insight into the Xone ecosystem as well as blockchain and Web3 training.
6. Tokenomics
Total Supply: 10 billion XOC
Distribution Plan:
- BVI Nodes: 50% (5 billion) – Distributed based on contributions within the BVI system;
- Staking Rewards: 10% (1 billion tokens) – Released based on staking weights and governance;
- Donation Plan: 10% (1 billion tokens) – 5% released upon launch, with the remainder released over two years; excess tokens may be burned;
- Team Allocation: 10% (1 billion tokens) – Released over three years;
- Ecosystem Fund: 10% (1 billion tokens) – Used for exchange listings and ecosystem governance;
- DAO and Airdrop: 10% (1 billion tokens) – Released through DAO and airdrop activities.
7. Fund Usage
Funds raised during the donation period will be used for:
- Continuing Xone Chain development;
- Marketing and community engagement;
- Expanding network infrastructure and support systems;
- Building strategic partnerships with DApp developers and enterprises.
8. Risks
Participants acknowledge that participating in donations involves risks, including but not limited to:
- Volatility in cryptocurrency markets;
- Regulatory changes that could affect the legality or functionality of Xone Chain;
- Potential delays or technical issues during Xone Chain development;
- Loss of funds due to hacking or system vulnerabilities.
9. No Guarantee of Future Value
XOC Coin does not represent any promise of future performance or value. The market value of XOC Coin may fluctuate, and Xone makes no representations or guarantees regarding its future value.
10. Refund Policy
Once a donation is made and XOC Coin is received, withdrawal from the donation program is not permitted. Participants should carefully consider before participating.
11. Regulatory Compliance
Participants agree to comply with all applicable local laws and regulations related to purchasing XOC and using the Xone Chain platform. Xone will adhere to relevant laws, including anti-money laundering (AML) and know your customer (KYC) procedures (where applicable).
12. Taxes
Participants are responsible for determining any tax liabilities associated with holding or trading XOC Coin. Xone is not responsible for any tax obligations or reporting related to donations or token transactions.
13. Intellectual Property
All intellectual property related to Xone Chain, including code, branding, logos, and documentation, is owned by Xone and protected under applicable intellectual property laws.
14. Governing Law and Dispute Resolution
This T&C is governed by the laws of the operating jurisdiction. Any disputes related to this T&C shall be resolved through arbitration in accordance with the rules of the International Chamber of Commerce (ICC) at the location of operation.
15. Amendments
Xone reserves the right to modify this T&C at any time, with notification to participants provided via the Xone Chain official website.
16. Contact Information
For any questions or concerns regarding this T&C or the donation program, please contact us at [email protected].