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Terms and Conditions

SAVE Token

 

SAVE Token ICO starting 23-02-2017, until sold out or till end of ICO period.

  • Pre-sale: 23 February – 23 March 2018   10% bonus tokens
  • Public phase 1st week: 10 June – 23 June 2018  5% bonus tokens
  • Public phase 2nd week: 24 June – 7 July 2018  4% bonus tokens
  • Public phase 3rd week: 8 July – 21 July 2018    3% bonus tokens
  • Public phase 4th week: 22 July – 30 July 2018  no bonus tokens

 

Token Name: SAVE

Fixed Price: 6000 SAVE per ETH

Issuing Entity: CMD Venture Technology S.R.L.

Jurisdiction of Issuance: Romania

 

SAVE TOKEN is a cryptocurrency token controlled by CMD Venture Technology S.R.L.
In order to purchase SAVE TOKEN during the ICO held on this website, you must read, understand and accept the terms of sale and the terms and conditions available on the website.

1. You may purchase SAVE in our website during the ICO and afterwards on different exchanges.

2. The sale of SAVE token starts on the 23rd of February 2018 and ends on the 25th of May 2018. The sale periods will be as follows:

'SAVE' TOKENS ALLOCATION TABLE

Allocated
Phase
Duration
Price €
Tokens
%Free
Bonus Tokens
Total Tokens
%
Pre-Sale
1
4 weeks
0.1
50.000.000
10%
5.000.000
55.000.000
15.7%
Public
2
1 week
0.15
50.000.000
5%
2.500.000
52.500.000
15.0%
Public
3
2 week
0.15
50.000.000
4%
2.000.000
52.000.000
14.9%
Public
4
3 week
0.15
50.000.000
3%
1.500.000
51.500.000
14.7%
Public
5
4 week
0.15
50.000.000
-
0
50.000.000
14.3%
Reserve Fund
-
-
-
89.000.000
-
-
89.000.000
25.4%
TOTAL
-
-
-
339.000.000
-
11.000.000
350.000.000
100%

*Any unsold tokens in the private and public phases will remain in the reserve fund and will be locked for a period of time.

3. Any potential buyer must register on the website with email and password.

4. Besides email and password, any user who wants to take part in the sale of SAVE must provide us with the required information for Know Your Customer purposes. These include name, surname, address, passport/ID/ driving license.

5. SAVE TOKEN, during the ICO periods, can only be bought from our website. For this you are required to register an account with us and provide us with all the documentation we require.

6. In order to buy SAVE Token we give you a number of options:

  • ETH transfer: in order to use ETHEREUM for payment you must own a ETHER ERC 20 compatible Wallet – MyEtherWallet is recommended. The Smart Contract will automatically handle the minting and the allocation of the SAVE Token according to the amount of ETH sent.
  • Wire Transfer: wire transfer will function will be available for our customers to purchase SAVE token. If you choose this option, you will be given a randomly generated code that you must write, on its own, without any additions or modifications, in the detail section of the wire transfer. Failure to do so will impede us to link the transfer to you and this will lead to delays and possible the return of the money to you leading to losses in terms of bank transfer commissions. Following the confirmation of the payment, we will manually transfer the SAVE tokens to you.
  • CREDIT / DEBIT Card: to use the credit or debit card option you will be transferred in browser to our ecommerce partner, Mistertango. They will handle all the necessary steps to collect the funds. Following the confirmation of the payment we will manually transfer the SAVE token to you, the customer.

 

Disclaimer: The customer must ensure that they send the correct ETH Wallet address. Sending the wrong address for receiving the SAVE Tokens or sending an address that does not accept ERC20 tokens, will lead to the irreversible mistaken transfer of the tokens to the wrong address. As such, it is the customer’s responsibility to ensure that they send us a correct address. We will not be responsible if the tokens do not reach the intended customer because of an error made by him.

7. Know Your Customer (KYC) – CMD Venture Technology S.R.L. is committed to provide the most ethical service possible. As a result, we will require the aforementioned information (point 4) in order to verify that our customers are ethical people with legal and ethical sources of funding. We most definitely do not want to encourage any illegal or unethical activity.

8. Anti-Money Laundering (AML) – Our AML practices include thorough verifications of our customers before being allowed to take part in the Sale of SAVE. As a further measure, we will red flag any transaction higher than 3000€ in order to further investigate. These transactions will be stored securely for possible future checks by official institutions.

9. Users must ensure that they are not residing in an area with restrictions towards trading cryptocurrency. They must ensure they are of the legal age in their jurisdictions. We condemn any terrorist activity and we do not accept any funding from people related to terrorism. Furthermore, we will not accept any funding from people associated with corruption, illicit activities, tax scandals, and any other bad practices.

10. In case we, CMD Venture Technology S.R.L.., discover that you, the customer, are involved in any illicit activity or you are committing a felony by purchasing cryptocurrency from us (see points 7, 8, 9), we reserve the right to terminate your account and immediately contact the competent authorities.

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