T&Cs

THE WGMI MOVEMENT LTD – TERMS AND CONDITIONS

1. INFORMATION ABOUT US AND HOW TO CONTACT US

1.1 Who we are. We are THE WGMI MOVEMENT LTD a company registered in England and Wales, with registered address at 7 Savoy Court, London, WC2R 0EX (we, us, our). We operate [thewgmimovement.com] (our website). WGMI is a social token that allows holders to participate in the community, take part in certain events, unlock rewards and experiences and more. “You” refers to anyone who is the holder of a WGMI token.

1.2 How to contact us and how we may contact you. You can contact us by writing to us at [kitty@thewgmimovement.com]. If we have to contact you, we will do so using the contact details you have provided.

2. WHAT THESE TERMS COVER AND WHY YOU SHOULD READ THEM

2.1 These terms and conditions tell you who we are, and they provide information on how the WGMI social token works, including how we will provide related products to you and your use of our tokens. These terms and conditions apply to anyone who is the holder of a WGMI token. You may already hold a legacy WGMI token from a previous launch which was unconnected with us, in which case you can convert that existing token for the new WGMI token. We explain how this is done in more detail below.

2.2 BY ACQUIRING AND/OR OTHERWISE USING A WGMI TOKEN OR USING OUR WEBSITE, YOU CONFIRM THAT YOU ACCEPT AND ARE BOUND BY THESE TERMS. YOU MAY NOT ACQUIRE AND/OR OTHERWISE USE A WGMI TOKEN AND/OR OUR WEBSITE IF YOU: (I) DO NOT AGREE TO THESE TERMS AND CONDITIONS; (II) ARE UNDER THE AGE OF 18; OR (III) ARE PROHIBITED FROM ACCESSING OR USING OUR WEBSITE OR ANY OF ITS CONTENTS, PRODUCTS OR SERVICES (INCLUDING ACQUIRING OR REDEEMING WGMI TOKENS) BY APPLICABLE LAW.

2.3 We may update and change the rules which govern how WGMI tokens can be acquired and used, these terms and conditions, or our website from time to time. If we do, we will try to give you reasonable notice of any major changes.

3. HOW IT WORKS

3.1 Introduction

3.1.1 As explained above, WGMI is a social token which gives unlockable utility allowing holders to participate in the community, take part in certain events, unlock rewards and experiences and more.

3.2 How do I get WGMI tokens?

3.2.1 Holders of legacy WGMI tokens: You may already hold a legacy WGMI token from a previous launch (which was unconnected with us), in which case you can convert that existing token for the new WGMI token.If you hold legacy WGMI tokens and would like to convert them, you can do so by visiting our website here: [app.thewgmimovement.com] and following the instructions. As part of this process, you will be required to sign into the wallet which holds your legacy WGMI tokens.

3.2.2 If you want to convert your legacy WGMI token to a new WGMI token, you must do this within sixty (60) days of 28 April 2022 (the Claim Period). For every one (1) legacy token claimed during the Claim Period, you will receive 0.00075 new WGMI tokens. After the expiry of the Claim Period. If you fail to convert your legacy tokens within the Claim Period and still wish to convert your legacy tokens into WGMI tokens, please contact us on [i] – we may, at our sole discretion, be able to assist you.

3.2.3 Acquiring new WGMI tokens: New WGMI tokens can be acquired through our website or through the Uniswap exchange, here: [app.uniswap.org].

3.3 What are WGMI tokens used for?

3.3.1 Token holders will have opportunities to enter into challenges, activities and competitions, through which they will get access to various rewards, such as NFTs, cryptocurrency prizes, and real-world experiences. We reserve the right to add, remove or change the rewards that you can receive from time to time. Entry may be conditional on you holding a WGMI token. Such challenges, activities and competitions may be subject to additional terms and conditions.

3.3.2 From time to time we may offer one-off redeemable rewards to WGMI token holders. These will be redeemed through our website. We will ask you to sign into your wallet and prove ownership of your tokens and confirm which rewards you want to redeem. We will then collect your digital signature and some personal details in order to complete the redemption. Depending on what the reward is, we may then get in touch with you to make arrangements for you to receive your reward. For some rewards, we may also need to verify your ID before you receive them. For more information on how we process your personal data, please see our privacy notice: [LINK].

3.3.3 Where rewards are based on real-life events (for example, scheduled events), there may be a time limit associated with the redemption of that reward. If the reward is not redeemed within the time limit, we may not be able to substitute your reward for another, unless we agree to do so at our sole discretion.

4.1 Acquiring new WGMI tokens

4.1.1 To hold WGMI tokens, you will need an electronic wallet capable of storing Ethereum-based tokens. To acquire WGMI tokens, you will need sufficient Ethereum currency in your wallet to pay the cost of the token and any applicable fees (including but not limited to any third-party platform/transaction fees, which you are solely responsible for paying).

4.1.2 You are solely responsible for paying all sales, use, value-added and other taxes, duties, and assessments (except taxes on our net income) now or hereafter claimed or imposed by any authority (“Taxes”) associated with your use of our website and/or WGMI tokens. Except for income taxes levied from us, you will: (a) pay or reimburse us for all taxes and assessments of any jurisdiction, including value added taxes and taxes as required by international tax treaties, customs or other import or export taxes, and amounts levied in lieu thereof based on charges set, services performed or payments made under these terms, as are now or may in the future be imposed under the authority or taxing jurisdiction; and (b) not be entitled to deduct the amount of any such taxes, duties or assessments from payments (including but not limited to applicable fees such as third party platform/transaction fees) made to us in accordance with these terms.

4.1.3 You are responsible for the security of your electronic wallet(s). Transactions that take place on our website are managed and confirmed via the Ethereum blockchain. Whenever you engage in a transaction on our website, your Ethereum blockchain public address will be made publicly visible.

4.1.4 Any payments or financial transactions that you engage in via our website will be conducted through the Ethereum blockchain. We have no control over these payments or transactions, nor do we have the ability to reverse any payments or transactions. We have no liability to you or to any third party for any claims or damages that may arise as a result of any payments or transactions that you engage in via our website, or any other payment or transactions that you conduct via the Ethereum blockchain. We do not provide refunds for any purchases of WGMI tokens.

4.2 Purchasing tokens outside of our website

4.2.1 All transactions of WGMI tokens which take place outside of our website are entirely at your own risk.

4.2.2 We strongly encourage you not to purchase, sell or trade WGMI tokens outside of a reputable marketplace/exchange. We expressly exclude all liability for any losses you may incur by acquiring, transacting, or facilitating transactions of WGMI tokens outside of our website.

4.3.1 As some of our tokens may be sold on third party marketplaces/sites, we cannot guarantee that the descriptions on such marketplaces will always be accurate, and we will not be responsible for any inaccuracies or misleading information provided by third parties. When purchasing WGMI tokens via any third party, you are solely responsible for making sure that you know what you are getting.

5. YOUR RIGHTS IN RESPECT OF YOUR WGMI TOKENS

5.1 Right to swap, sell or gift: WGMI tokens acquired through our website, or through the ‘convert’ mechanism described above, will appear in your electronic wallet once the transaction is complete. Because blockchain transactions cannot be reversed, you accept that you will not have a right to change your mind about the purchase (or conversion) and request a refund. You have the right to hold, swap, sell, or give away your token, subject to your compliance with these terms and conditions.

6. PROHIBITED ACTIVITIES

6.1 You must not do any of the following, nor cause, enable or permit anybody else to do it:

6.1.1 create or impersonate another person by automated means or under false or fraudulent pretences;

6.1.2 use, employ, operate or create bots or other computer programs to simulate the human behaviour of a user, including but not limited to the use of bots or other similar forms of automation to engage in any activity or transaction in relation to WGMI tokens;

6.1.3 acquire WGMI tokens through inappropriate or illegal means (including using a payment mechanism that you do not have the right to use, or purchasing WGMI tokens and then attempting to charge the cost back to your payment method while still maintaining control of the WGMI tokens); or

6.1.4 do anything which otherwise involves or results in the wrongful seizure or receipt of any WGMI tokens or other digital assets.

6.2 If you engage in any of the above, or otherwise breach these terms and conditions, we may, at our sole discretion, without notice or liability to you, and without limiting any of our other rights or remedies, and/or otherwise suspend your right to use our services, participate in WGMI community events and/or interact with the WGMI community.

7. ONWARD SALES, GIFTING AND TRADING

7.1 As explained above, when you acquire a WGMI token, you have the right to swap, sell, or give it away. When you do this, the person you are swapping, selling or gifting it to will also be bound by these terms and conditions and you undertake to bring these terms and conditions to that person’s attention and inform them that they are bound by them.

8. RISK

8.1 You accept and acknowledge that:

8.1.1 The prices of social tokens, cryptocurrencies and other blockchain assets – including WGMI tokens – can be extremely volatile. Fluctuations in the price of other digital assets could also materially and adversely affect the value of your WGMI tokens. WGMI tokens may not maintain their value or go up in value, and they could end up being worth less than what you paid for them;

8.1.2 we reserve the right to modify the pre-sale prices of WGMI tokens and/or change the quantities of WGMI tokens that are available. We can do all of the above at any time at our sole discretion, without notice to you;

8.1.3 each WGMI token is sold “as is” without any express or implied warranties;

8.1.4 you are solely responsible for determining what, if any, taxes apply to your transactions;

8.1.5 the regulatory regimes governing social tokens, cryptocurrencies and other blockchain assets are still uncertain in many places. New laws, regulations or policies which are introduced may materially adversely affect the development of the ecosystem, the potential utility or value of WGMI tokens, your ability to hold or use them, and your obligations in respect of them; and

8.1.6 upgrades to the Ethereum blockchain, changes in how transactions are confirmed on the Ethereum blockchain or a hard fork in the Ethereum blockchain may have unintended and adverse effects on all tokens that rely on it, including WGMI tokens. This could adversely affect your ability to buy, sell or trade tokens and their value.

9. USE OF OUR WEBSITE

9.1 We do not guarantee that our website, or any content on it, will always be available or be uninterrupted. We may suspend or withdraw or restrict the availability of all or any part of our site for business and operational reasons. We will try to give you reasonable notice of any suspension or withdrawal. You are also responsible for ensuring that all persons who access our site through your internet connection are aware of these terms of use and other applicable terms and conditions, and that they comply with them.

9.2 We are the owner or the licensee of all intellectual property rights in our website, and in the material published on it. Those works are protected by copyright laws and treaties around the world. All such rights are reserved. You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text. Our status (and that of any identified contributors) as the authors of content on our website must always be acknowledged. You must not use any part of the content on our website for commercial purposes without obtaining a licence to do so.

9.3 The content on our website is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our website. Although we make reasonable efforts to update the information on our website, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date.

9.4 Where our website contains links to other websites and resources provided by third parties (including, but not limited to, links to marketplaces). We have no control or responsibility over the contents of those sites or resources. If you follow a link to any of these websites and/or services, please note that they may have their own terms of use and privacy notices to which you may be subject. Please make sure you read and understand these before you use those websites or services.

9.5 We do not guarantee that our website or services will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programmes and platform to access our site. You should use your own virus protection software.

10. ENDING THIS AGREEMENT

10.1 You can end your agreement with us by no longer owning or using any WGMI tokens, in which case these terms and conditions will no longer be in effect. We may end this agreement at any time if you breach any of these terms and conditions. If we do, you may no longer be able to redeem rewards using your WGMI tokens or use them to participate in challenges, activities and competitions, or in any way interact with the WGMI community.

11. OUR RESPONSIBILITY FOR LOSS OR DAMAGE SUFFERED BY YOU

11.1 We do not exclude or limit in any way our liability to you where it would be unlawful to do so. This includes liability for death or personal injury caused by our negligence or the negligence of our employees, agents or subcontractors; for fraud or fraudulent misrepresentation. This clause does not affect your statutory consumer rights.

11.2 When we are not liable to you. We provide our website and WGMI tokens for private, non-commercial use only. We will have no liability and will not be responsible to you whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for any loss of profit, loss of business, business interruption, or depletion of goodwill and/or similar losses or for any special, indirect or consequential loss. We will not be liable or responsible to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, including, but not limited to, those arising under or in connection with your:

11.2.1 use of, or inability to use, our website, the WGMI tokens, the Ethereum network, your electronic wallet or any marketplace; or

11.2.2 use of or reliance on any content displayed on our website, the WGMI tokens, the Ethereum network, your electronic wallet or any marketplace; and

11.2.3 except as expressly stated in these terms and conditions, we do not make any representations or warranties and explicitly disclaim all other representations and warranties, whether express, implied, written, oral or statutory.

11.3 We have no liability and will not be responsible to you under these terms and conditions if we are prevented from or delayed in performing our obligations under these terms and conditions, or from carrying on our business, by acts, events, omissions or accidents beyond our reasonable control, including strikes, lock-outs or other industrial disputes (whether involving our workforce or any other party), failure of a utility service or transport or telecommunications network, act of God, war, riot, civil commotion, malicious damage, compliance with any law or governmental order, rule, regulation or direction, accident, breakdown of plant or machinery, fire, flood, storm or default of suppliers or sub-contractors, provided that you are notified of such an event and its expected duration.

11.4 Subject to clause 11.1, 11.2 and 11.3 above, our total aggregate liability in contract, tort (including negligence or breach of statutory duty), misrepresentation, restitution or otherwise, arising in connection with these terms and conditions shall be limited to the price of the new WGMI tokens you hold as at the date and time of their launch.

12. YOUR RESPONSIBILITY FOR LOSS OR DAMAGE SUFFERED BY US

12.1 You agree that you will be responsible for your use of our website, our services and the WGMI tokens, and you agree to defend and indemnify (i.e. fully compensate) us and our officers, directors, employees, consultants, affiliates, subsidiaries and agents from and against any and all claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees and costs, arising out of or in any way connected with: (i) your access to, use of, or alleged use of our website and the WGMI tokens; or (ii) any disputes or issues between you and any third party in relation to use of our website and the WGMI tokens. We reserve the right, at our own expense, to assume the exclusive defence and control of any matter otherwise subject to indemnification (i.e. full compensation) by you (and without limiting your indemnification obligations with respect to such matter), and in such case, you agree to cooperate with our defence of such claim.

13. HOW WE MAY USE YOUR PERSONAL INFORMATION

13.1 How we may use your personal information. We will only use your personal information as set out in our privacy notice[LINK].

14. OTHER IMPORTANT TERMS

14.1 We may transfer this agreement to someone else. We may transfer our rights and obligations under these terms and conditions to another person or organisation. We will contact you to let you know if we plan to do this. If you are unhappy with the transfer, you may exercise your right under clause 10.

14.2 Nobody else has any rights under this contract. This contract is between you – the user of our website and/or our services, or a holder of a WGMI token – and us. No other person shall have any rights to enforce any of its terms.

14.3 If a court finds part of this agreement illegal, the rest will continue in force. Each of the paragraphs of these terms and conditions operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.

14.4 Even if we delay in enforcing this agreement, we can still enforce it later. If we do not insist immediately that you do anything you are required to do under these terms and conditions, or if we delay in taking steps against you in respect of your breaking this contract, that will not mean that you do not have to do those things and it will not prevent us taking steps against you at a later date.

14.5 Which laws apply to this contract and where you or we may bring legal proceedings. These terms are governed by English law and the English courts will have exclusive jurisdiction over any dispute arising out of or in connection with them.

Last updated