The Purchaser agrees to rely only on this document in determining purchase decisions and understands that this document governs the sale of FIX and supersedes any public statements made by third parties or by the Finamatrix or individuals associated. This online version of the sales agreement is highly stringent. For a simplified, hard copy of our DIRECT PURCHASE AGREEMENT, please email BUY @ FINAMATRIX.COM
Readers of this material confirm to have read and understood the information below.
Finamatrix Investments Pte Ltd is an exempt private limited company in Singapore and provides this material only as a reference. Nothing in this material should be construed as advice. Prospective investors are advised to consult their professional advisors before making any decision. The contents of this material are based upon sources of information believed to be reliable, however, no guarantee, warranty or representation (express or implied) is given as to its accuracy or completeness and, Finamatrix Investments Pte Ltd and their directors, officers and employees do not accept any liability or responsibility in respect of the information herein. Further, information in this material may be subject to change without notice. Historical results of any investments do not necessarily indicate future performance. Without prior written express permission, this material is not to be altered or transmitted in any way, copied or distributed.
The Finamatrix token Sales ScheduleTo find out more about token schedule, please view: https://finamatrix.net/token-
The bonus program is a loyalty program based on quarterly audited reports of Finamatrix. The top 10% of all the owners of FIX tokens in terms of quantity will receive bonus FIX tokens as a form of reward. Finamatrix shares up to 50% of net increases in portfolio values per quarter. For eg. if portfolio value increases by 20% after one quarter, we can give up to half of 20% which is 10% in the form of FIX tokens to our token owners. Finamatrix uses its assets to provide liquidity and to support prices of FIX tokens.
Finamatrix is a Singapore company and according to the media release on Aug 1, 2017 digital tokens in Singapore may be regulated. If digital tokens are structured as forms of securities with guarantees of future income, they must issue a prospectus as part of the offer. Issuers may skip doing this if existing exemptions apply, such as if theirs are small offers, private placements or offers to accredited or institutional investors. For more information, please email KYC @ FINAMATRIX.COM
100% REFUND POLICY
Buyback Program: A 100% refund policy (principal-protected) that is based on quarterly audited financial reports of Finamatrix. At the end of each fiscal quarter of the firm, FIX token owners can apply to refund their tokens for Bitcoins (or their buy-in currency) at their cost price (at ICO directly from Finamatrix, please email INFO @ FINAMATRIX.COM to confirm) if the price of FIX token is lower than their cost price. Owners must apply to REFUND @ FINAMATRIX.COM for a refund and subject to verification will receive the refund. There may be bank handling fees of up to 2.5% (final decision remains with Finamatrix). Quarterly updates will be provided on FINAMATRIX.NET and social media, and will also be emailed to customers.
If digital tokens constitute products regulated under the Securities and Futures Act (Cap. 289) (SFA), they should be regulated; ICOs are vulnerable to money laundering and terrorist financing (ML/TF) risks due to the anonymous nature of the transactions; If digital tokens represent ownership or a security interest over an issuer’s assets or property. Such tokens may therefore be considered an offer of shares or units in a collective investment scheme under the SFA. Digital tokens may also represent a debt owed by an issuer and be considered a debenture under the SFA; Where digital tokens fall within the definition of securities in the SFA, issuers of such tokens would be required to lodge and register a prospectus with MAS prior to the offer of such tokens, unless exempted. Issuers or intermediaries of such tokens would also be subject to licensing requirements under the SFA and Financial Advisers Act (Cap. 110), unless exempted, and the applicable requirements on anti-money laundering and countering the financing of terrorism. In addition, platforms facilitating secondary trading of such tokens would also have to be approved or recognised by MAS as an approved exchange or recognised market operator respectively under the SFA.
Ownership of FIX during the ICO carries no rights express or implied. Purchasers should have no expectation of influence over governance of the platform. By participating in the sale of FIX, you expressly acknowledge and represent that you have carefully reviewed the Terms and fully understand the costs, and benefits of purchasing FIX and agree to be bound by these Terms.
As set forth below, you further represent and warrant that, to the extent permitted by law, you are authorized to purchase FIX in your relevant jurisdiction, are of a legal age to be bound by these Terms, and will not hold FIX, its parent and affiliates, and the officers, directors, agents, joint ventures, employees and suppliers of FIX or our parent or affiliates, now or in the future and any other member of the Finamatrix Team (collectively the “Finamatrix Team & Parties”) liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to the sale of FIX.
DO NOT PURCHASE FIX IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS.
Purchases of FIX should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of cryptographic tokens, like bitcoin (“BTC”), and blockchain based software systems. Purchasers should have functional understanding of storage and transmission mechanisms associated with other cryptographic tokens. While the Finamatrix Team will be available to assist Purchasers of FIX during the sale, the Finamatrix Team will not be responsible in any way for loss of BTC, FIX, fiat or other cryptocurrencies resulting from actions taken by, or omitted by Purchasers. If you do not have such experience or expertise, then you should not purchase FIX or participate in the sale of FIX.
WARNING: PURCHASERS OF FIX MUST BE MADE AWARE OF CERTAIN FACTORS. Prior to purchasing FIX, you should carefully consider the terms listed below and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following terms are unacceptable to you, you should not purchase FIX. By purchasing FIX, and to the extent permitted by law, you are agreeing not to hold any of the The Finamatrix Team & Parties liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of FIX, including losses associated with the terms set forth herein.
Taxation of FIX and Taxation Related to the ICO. The Purchaser bears the sole responsibility to determine if the purchase of FIX or the potential appreciation or depreciation in the value of FIX over time has tax implications for the Purchaser in the Purchaser’s home jurisdiction. By purchasing FIX, and to the extent permitted by law, the Purchaser agrees not to hold any of the The Finamatrix Team & Parties liable for any tax liability associated with or arising from the purchase of FIX.
Privacy. The ICO uses the Waves Platform and requires users to provide proof of identity for AML and KYC purposes, the Finamatrix Team will not publish any identifying information related to a FIX purchase, without the prior written consent of the Purchaser. Purchasers may be contacted by email by the Finamatrix Team or the Waves Platform regarding a purchase. Such emails will be informational only. The Finamatrix Team & Parties will not request any information from Purchasers in an email.
Disclaimer of Warranties. THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING FIX AT THE PURCHASER’S SOLE RISK AND THAT FIX IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE FINAMATRIX TEAM & PARTIES WARRANT THAT THE PROCESS FOR PURCHASING FIX WILL BE UNINTERRUPTED OR ERROR-FREE.
Waiver of Liability. THE PURCHASER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO USE OF, OR INABILITY TO USE, FIX OR THE FINAMATRIX TEAM & PARTIES UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NONE OF THE FINAMATRIX PARTIES SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, FIX. THE PURCHASER FURTHER SPECIFICALLY ACKNOWLEDGES THAT THE FINAMATRIX TEAM & PARTIES ARE NOT LIABLE FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER PURCHASERS OF FIX, AND THAT THE RISK OF PURCHASING AND USING FIX RESTS ENTIRELY WITH THE PURCHASER. TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL ANY OF THE THE FINAMATRIX TEAM & PARTIES BE LIABLE TO ANY PURCHASER FOR MORE THAN THE AMOUNT THE PURCHASER HAS PAID TO FINAMATRIX FOR THE PURCHASE OF FIX. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO A PURCHASER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY PURCHASER OR EXCLUDE INJURY ARISING FROM ANY WILFUL MISCONDUCT OR FRAUD OF THE FINAMATRIX TEAM.
Force Majeure. The Finamatrix Team is not liable for failure to perform solely caused by: unavoidable casualty, delays in delivery of materials, embargoes, government orders, acts of civil or military authorities, acts by common carriers, emergency conditions (including weather conditions), or any similar unforeseen event that renders performance commercially implausible. If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the Agreement, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.
Complete Agreement. These Terms set forth the entire understanding between each Purchaser and The Finamatrix Team with respect to the purchase and sale of FIX. For facts relating to the sale and purchase, the Purchaser agrees to rely only on these documents in determining purchase decisions and understands that these documents govern the sale of FIX and supersede any public statements about the ICO made by third parties or by the Finamatrix Team or individuals associated with any of the Finamatrix Team & Parties, past and present and during the ICO.
Severability. The Purchaser and the Finamatrix Team agree that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.
No Waiver. The failure of the Finamatrix Team to require or enforce strict performance by the Purchaser of any provision of these Terms or the Finamatrix Team’s failure to exercise any right under these agreements shall not be construed as a waiver or relinquishment of the Finamatrix Team’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by the Finamatrix Team of any provision, condition, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in this these Terms, no representations, statements, consents, waivers, or other acts or omissions by the Finamatrix Team shall be deemed a modification of these Terms nor be legally binding.
Updates to the Terms and Conditions of the Finamatrix ICO. The Finamatrix Team reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms at any time during the sale by posting the amended Terms on the Finamatrix website. Any Purchaser will be deemed to have accepted such changes by purchasing FIX. The Terms may not be otherwise amended except in a signed writing executed by both the Purchaser and the Finamatrix Team. For purposes of this agreement, “writing” does not include an e-mail message and a signature does not include an electronic signature. If at any point you do not agree to any portion of the then-current version of the Terms, you should not purchase FIX.
Cooperation with Legal Authorities. The Finamatrix Team will cooperate with all law enforcement enquiries, subpoenas, or requests provided they are fully supported and documented by the law in the relevant jurisdictions. In accord with one of the core principles of the Finamatrix project — transparency — the Finamatrix Team will endeavor to publish any legal enquiries upon receipt.
Further Information. For further information regarding the FIX sale, please contact ICO@finamatrix.com.