If you want to support Prosume Energy Foundation (a non-profit organisation established and based in Zug – Switzerland, hereinafter “Prosume” or the “Foundation”) and its project (as highlighted in the whitepaper available at the link http://prosume.io/wp-content/uploads/2017/09/white-paper_v2-2017.pdf, the “Whitepaper”), you can contribute by following the procedure set out herein, having agreed in advance to the terms of Prosume’s Token Generation Event (the “Token Generation Event”) herein indicated (the “Terms” or “Token Generation Terms”). These Terms are no solicitation for investment and no offering of securities in any jurisdiction, but rather describe the Token Generation Event.
Please take note of the following principles which apply to the Token Generation Event: by participating in the Token Generation Event and obtaining your ERC20 PEF Token (the “PEF Token”) in the course of the latter, you acquire no rights whatsoever, neither express nor implied related to Prosume. In particular, you will have no influence over the governance of Prosume, and no control over Prosume’s distribution, allocation and use of your contribution, which may include covering costs incurred before the Token Generation Event, and awards for beneficiaries who in Prosume’s view significantly contributed to its project. It is thus in Prosume’s sole discretion how and to whom your contribution will be given in the context of Prosume’s project; it will do so as it deems fit. Your contribution is non-refundable. By your participation in the Token Generation Event, you expressly acknowledge and represent that you have carefully reviewed the Terms as well as the Whitepaper and fully understand the risks, costs, and benefits of receiving PEF Tokens, and agree to be bound by these Terms. You further represent and warrant that, to the extent permitted by law, you are authorized to obtain PEF Tokens in your relevant jurisdiction, are of a legal age to be bound by these Terms, and will not hold Prosume, its affiliates, officers, directors, agents, joint ventures, employees, advisors and suppliers, now or in the future, liable for any losses, costs or any direct, special, incidental, or consequential damages arising out of, or in any way connected to, the Token Generation Event or Prosume (please see also the relevant information included in the Whitepaper’s disclaimer).
You should only participate in the Token Generation Event if you have significant experience with, and understanding of, the usage and intricacies of cryptographic tokens and blockchain-based software systems. Moreover, if you participate in the Token Generation Event, you need to be aware that your entire contribution to Prosume may be lost for whatever reason, in particular due to the fact that Prosume and its project are still under development, and no warranties can be given that it will be successfully completed. As a consequence, the PEF Token may have no value after all. You also need to understand that Prosume may cancel the Token Generation Event for whatever reason and in its sole discretion.
Furthermore, you should only participate in the Token Generation Event if you have carefully considered these Terms as well as the Whitepaper and, to the extent necessary, have consulted an appropriate lawyer, accountant, or tax professional. You should only participate if – after having done so – the Whitepaper and the Terms are acceptable for you.
STEP 0: PREPARE WHAT YOU NEED FOR YOUR CONTRIBUTION
Visit https://prosume.io/participate get prepared with your computer, a web browser, your email client and your Ethereum wallet. If you want to contribute with Bitcoin (BTC) or Litecoin (LTC), please prepare your BTC or LTC wallet as well. Click “Contribute and get PEF Token” and go ahead with the following steps.
STEP 1: READ AND AGREE TO PROSUME’S WHITEPAPER AND TOKEN GENERATION TERMS
Before participating in Prosume’s Token Generation Event, you must read and consent to the entire Whitepaper (including the relevant disclaimers) as well as these Token Generation Event Terms, and accept the vision, mission and values of Prosume.
STEP 2: ENTER YOUR PUBLIC ETHEREUM AND EMAIL ADDRESS
Provide an Ethereum address using a wallet that is ERC20 compliant to receive your PEF Tokens. This can be a different wallet than the one you send your contribution from. You will be given the following coin options for your preferred method of contributing: BTC, ETH, or LTC.
DO NOT USE AN EXCHANGE WALLET, as you will not be able to receive your PEF Tokens.
Provide the appropriate address (BTC wallet address, ETH wallet address or LTC wallet address) of the wallet you want to send the contribution from. This will be used to check the contribution validity and amount.
You must have access to the private keys of all your wallets. You must also provide an email address to be used to communicate important notices to you, such as to inform you of the next important steps related to Prosume’s Token Generation Event and further initiatives. When you’re transferring the wallet addresses, use the cut and paste function to make sure you transcribe the addresses correctly.
It is your responsibility to check carefully and confirm that the information you provided is correct for your Ethereum address, email address and the selected coin for payment. This is very important as typo errors are remarkably common. If you have specified an incorrect address and this results in the loss of your PEF Tokens or any other loss or damage, Prosume will not issue any refunds and not indemnify you in any other way.
STEP 3: SEND THE DESIRED AMOUNT TO THE CONTRIBUTION ADDRESS
Use the BTC, ETH or LTC address you will get from the webpage, BEWARE, the address has been signed with the Prosume PGP key DF6367FE (the “Prosume Key”), so please go to http://pgp.mit.edu, search for “firstname.lastname@example.org” key, use Prosume Key to check the signature provided on the webpage (the “Check Procedure”). At the end of the Check Procedure the BTC, ETH or LTC address you will get from the webpage should be considered as a verified address (the “Checked Address”).
If you fail to comply with the Check Procedure and this results in the loss of your contribution or PEF Tokens, or any other loss or damage, you will be the sole responsible for such losses and damages and, in any case, Prosume will not issue any refund and not indemnify you in any other way.
Go to your wallet or exchange and send the desired contribution amount to the Checked Address.
Depending on the BTC, ETH or LTC network status, you may expect delays in the confirmation of the transaction.
Your PEF Tokens will be transferred to the provided Ethereum wallet address as soon as the transaction is confirmed and checked by Prosume, this will happen up to 4 (four) weeks after the Token Generation Event ends.
By transferring BTC, ETH, or LTC to the relevant Checked Address, you expressly agree and confirm to have carefully reviewed, understood and agreed with the provisions provided by the Whitepaper and these Token Generation Event Terms.
By transferring BTC, ETH, or LTC to the relevant Checked Address and/or receiving PEF Token, no form of partnership, joint venture, agency or any similar relationship is intended or hereby created between you and the Foundation and/or other individuals or entities involved with the deployment of Prosume’s project.
The contribution into PEF Token will not involve any Fiat currencies and will strictly be done in cryptocurrencies (BTC, ETH, or LTC only).
Your contribution into PEF Token is final, legally binding and irrevocable, and there are no refunds or cancellations. Should Prosume be required due to applicable mandatory law or regulation to refund your contribution, then BTC, ETH or LTC sent by you to contribute to Prosume and obtain PEF Tokens may be returned to the extent still available, and the contribution will be considered not made. Prosume reserves the right to refuse or cancel your contribution at any time in its sole discretion.
Prosume will provide you web-based support only, which may include email, web forums, and knowledge base support. Prosume will not provide telephone or live support.
If you acquire BTC, ETH, or LTC using a third party payment processor (e.g., ShapeShift, YUNBI, Gatecoin), that payment processor is your agent, not Prosume, for the purpose of the payment. You, not Prosume, are responsible for ensuring that Prosume actually receives the appropriate amount of BTC, ETH or LTC. Prosume is not responsible for any loss of funds due to the use of a third party payment processor. If you obtain PEF Tokens using a third party payment processor, that payment processor is your agent, not Prosume, for this purpose. You, not Prosume, are responsible for ensuring that Prosume actually receives the appropriate amount of BTC, ETH or LTC. Prosume is not responsible for any loss of funds related to the use of a third party payment processor.
FRAUDULENT ATTEMPTS TO DOUBLE SPEND BTC, ETH OR LTC
Prosume will monitor all potential transactions to detect fraudulent attempts to double spending BTC, ETH or LTC. Any fraudulent activity, including potential double spending of any cryptocurrency, will result in no PEF Token being delivered to you and may result in you being excluded from Prosume’s Token Generation Event.
AFTER CONTRIBUTION – EMAIL CONFIRMATION
If you do not receive an email, don’t panic! Prosume will provide an online tool to allow you to self-check your PEF Tokens. The tool shows all information included in the email.
GIVE MORE CONTRIBUTION TO THE FOUNDATION
If you desire to give more contribution to the Foundation (and, therefore, obtain more PEF Tokens) you are able to, but be sure to go through the website steps again and follow the procedure set out herein (as described above). If you send another contribution to the Checked Address you will not receive a confirmation and will have to wait until Prosume can add it to the system manually. In this scenario, the website tool will not show the second transaction.
RECEIVE PEF TOKENS
PEF Tokens will be distributed up to 4 (four) weeks after the Token Generation Event ends. Prosume will send you an email notification when PEF Tokens have been distributed. All deliveries of PEF Tokens will be made electronically. Deliveries will be made directly to the account, address or wallet indicated by you as per the contribution and the consequent receipt of PEF Tokens.
If you have any issues relating to your contribution, please email email@example.com.
You are responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism you use to receive and hold PEF Tokens, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If your private key(s) or other access credentials are lost, you may lose access to your PEF Tokens. Prosume is not responsible for any such losses. You will implement reasonable and appropriate measures designed to secure access to (i) any device connected with the email address associated with your account, (ii) private key(s) required to access any relevant Ethereum address or your PEF Tokens, and (iii) your username, password and any other login or identifying credentials.
ADDITIONAL / PERSONAL INFORMATION
You shall provide to Prosume, immediately upon its request, information that Prosume, in its sole discretion, deems to be required to maintain compliance with any federal, state, local, domestic or foreign law, regulation or policy. You agree to provide Prosume such information promptly upon request, and you acknowledge that Prosume may refuse to distribute PEF Tokens to you until you provide such requested information.
If you would like any further information about Prosume’s privacy policies or practices, please contact us at firstname.lastname@example.org
Prosume agrees not to publish any identifying information related to your contribution without your prior written consent. Prosume may contact you by email in relation to your contribution during the Token Generation Event. Such emails will be informational only.
PROSUME WILL NOT OBTAIN PEF TOKEN DURING THE TOKEN GENERATION EVENT
Prosume warrants that it will not get PEF Tokens in its own Token Generation Event. Furthermore, Prosume warrants that it will not get PEF Tokens from any third party, or get PEF Tokens in any other manner. This does not apply to Prosume’s affiliates, officers, directors, agents, joint ventures, employees, contractors, advisors, or suppliers that may contribute to the Foundation and, therefore, obtain PEF Tokens, provided their contributions are made during the Token Generation Event through Prosume’s website.
To the fullest extent permitted by law, you release Prosume and its respective predecessors, successors and assigns from all claims, demands, actions, damages, losses, costs and expenses of every kind and nature, known and unknown (including, but not limited to, claims of negligence, actions for breach of warranty, breach of contract, tort), arising out of or otherwise in connection with: (a) your contribution to Prosume; (b) your participation to Prosume’s Token Generation Event; (c) your rights, responsibilities or obligations under these Token Generation Terms; (d) your violation of these Token Generation Terms; or (e) your violation of any rights of any other person or entity, including in relation to or arising out of disputes between Prosume and you or between you and other participants in the Token Generation Event, and the acts or omissions of third parties, or (f) your envisaged future use of the PEF Token.
To the fullest extent permitted by law, you will indemnify, defend and hold harmless Prosume and its respective predecessors, successors and assigns from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise out of or are otherwise connected with:
(a) your contribution to the Foundation;
(b) your participation in Prosume Token Generation Event;
(c) your rights, responsibilities or obligations under these Token Generation Terms;
(d) your violation of these Token Generation Terms; or (e) your violation of any rights of any other person or entity.
Prosume reserves the right to exercise sole control over the defence, at your expense, of any claim subject to indemnification under this section. This indemnity is in addition to, and not in lieu of, any other indemnity implied into or set forth in any written agreement between you and Prosume or provided by any applicable laws.
DISCLAIMER OF WARRANTIES
You expressly agree that you obtain PEF Token at your own risk and that the PEF Token is provided on an “as is” basis without warranties of any kind, either express or implied, including without limitation warranties of title or implied warranties, merchantability or fitness for a particular purpose. Without limiting the foregoing, no warranty is given that the Token Generation Event will be uninterrupted or error-free.
GOVERNING LAW AND DISPUTE RESOLUTION
These Token Generation Terms will be governed by and interpreted and construed in accordance with the substantive laws of Switzerland, without giving effect to its conflict of laws principles.
Any claim or dispute arising out of these Token Generation Terms may be submitted only to the exclusive jurisdiction of the competent courts in ZUG – Switzerland, and you hereby submit irrevocably to the jurisdiction of such courts with the exclusion of any other jurisdiction and formally waive any and all claims with respect thereto including any claim of forum non conveniens.
Join Prosume Telegram Group here: https://t.me/ProsumeEnergy/
And Prosume Slack group here: https://prosumeenergy.slack.com/
Follow Prosume on Twitter: https://twitter.com/ProsumeEnergy
Lastly, read about Prosume on BitcoinTalk: https://bitcointalk.org/index.php?topic=2201613.msg22147334#msg22147334
Please use the hashtag #PEFtoken or #PROSUME when sharing to social media.