Acceptance of Terms

The Service is subject to acceptance of all of the terms contained in these Terms of Use, and procedures that may be published on the website by Bestay Platform, each of which is incorporated by reference and each of which may be updated by us from time to time without notice to you or liability for such change. You need to regularly review the official website for any changes and contact Bestay Platform or your legal advisor with any questions. If there is a conflict between different versions of the Terms of Use that you directly or indirectly have agreed on, the more recent version takes precedence unless it is expressly stated otherwise.

Change or Termination

We reserve the right, at our sole discretion and without prior notice, to modify these Terms of Use, applications or services, or change, improve or correct the information, materials, and descriptions on the Website at any time for any reason. We may permanently or temporarily terminate or suspend your access to our services without notice or liability, for any reason that we see fit, including if in our sole determination you violate any provision of these Terms of Use. You are solely responsible for checking the Terms of Use periodically for changes. Your continued use of the Service following the posting of any changes to the Terms of Use constitutes acceptance of those changes. Upon termination of these Terms of Use or your access to the Site for any reason or no reason, you will continue to be bound by these Terms of Use which, by their nature, should survive termination. The information and materials on the Site may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and Bestay Platform does not undertake any obligation or responsibility to update or amend any such information. You agree that Bestay Platform and its subsidiaries and affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance.

Registration

You may browse the site generally without registering on the site, but you must complete the registration process by providing us with current, complete and accurate information. You are solely responsible for updating any and all relevant registration information. Failure to do counts as a breach of the Terms of Use, which may result in immediate termination of your Profile. You will also choose a password and a username. Bestay Platform reserves the right in its sole discretion to refuse registration of or cancel a user account. You are solely responsible for maintaining the confidentiality of your password and Profile. You agree to notify Bestay Platform immediately in writing of any unauthorized use of your profile or any other breach of security. You will not share your password, let anyone else access your profile, or do anything else that might endanger the security of your profile. You will not transfer your profile to anyone, you acknowledge and agree that you are liable for any damages or losses to Bestay Platform and other Users by any use of your profile, either authorized or unauthorized.

Restricted Locations

The Bestay Platform team is deeply sorry to announce, for being in compliance with financial and legal regulatory in Singapoer and also international regulatory, participating in Bestay Platform Pre-Sale at this time is prohibited for the people who are the residents of the following countries:

  • United States of America

  • Canada

  • Bosnia and Herzegovina

  • Republic of Colombia

  • Syrian Arab Republic

  • Republic of Iraq

  • Democratic People's Republic of Korea

  • Republic of Yemen

  • Islamic Republic of Iran

  • Federal Republic of Nigeria

  • Islamic Republic of Afghanistan

  • Anguilla

  • Republic of Uganda

  • Republic of Tajikistan

  • Antigua and Barbuda

  • Commonwealth of Dominica

  • Republic of Vanuatu

  • Cayman Islands

  • Lao People's Democratic Republic

  • Saint Vincent and the Grenadines

  • Saint Kitts and Nevis

  • Republic of Seychelles

  • Turks and Caicos Islands


We hope this would be understood that this decision is not our desire and it is only to be in compliance with legal requirements.
We are looking forward to seeing all people around the world benefit from Bestay Platform network features and capabilities far from any legal limitations.

Eligibility for Use of the Services

The Service is only available to individuals who are at least eighteen years old. You represent and warrant that if you are an individual that you are fully able and competent to enter into the terms and conditions set forth in this and other agreements on the Site, and that all registration information you submit is truthful, accurate and complete.

Cancellation; Refusal of Purchase Requests

We reserve the right to refuse or cancel Bestay Platform tokens purchase requests at any time in our sole discretion. Your purchase of Bestay Platform tokens from us during the Sale Period is final, and there are no refunds or cancellations.

Acknowledgment and Assumption of Risks

You acknowledge and agree that there are risks associated with purchasing BSY (Bestay’s tokens), holding them, and using them in connection with the services and the platform. Also the user recognizes that we do not warrant the period of time for which the BSY token will be operational. BSY may be dropped by the company for a number of reasons, including a lack of funding or competing services that seek to develop similar products, a lack of interest from the public or any other reason. The user understands that the company will not provide any refund of the purchase price for BSY under any circumstances and/or any conditions. If you have any questions regarding these risks, please contact us. The user also understands and accepts that while the individuals and entities, including the company, continue on the development of this project and try to make it a success, there is a chance that the project fails and the BSY tokens become useless due to commercial, financial, regulatory or any other reasons.
Risk of Ethereum Mining Attacks: The User understands and accepts that, as with other cryptocurrencies, the blockchain used for the Smart Contract System is susceptible to attacks, including but not limited to denial of service attacks, exploits of consensus nodes, and byzantine attacks on the consensus nodes. Any successful attacks present a risk to the Smart Contract System, expected proper execution and sequencing of BSY tokens transactions, and expected proper execution and sequencing of contract computations.
Risk of Incompatible Wallet Service: The user understands and accepts that the wallet used for the contribution has to be technically compatible with the BSY tokens. The failure to assure this may have the result that user will not gain access to his/her BSY tokens.

Unanticipated Risks

Cryptographic tokens such as BSY are a new and untested technology. In addition to the mentioned risks, there are other risks associated with your purchase, holding and use of BSY tokens, including those that we cannot anticipate. Such risks may further materialize as unanticipated.
BY PURCHASING BSY TOKENS, YOU EXPRESSLY ACKNOWLEDGE AND UNDERSTAND THESE RISKS.

Security

You are responsible for implementing reasonable measures for securing your wallet, vault or other storage mechanisms you use to receive and hold BSY. If your private key(s) or other access credentials are lost, you may lose access to your BSY tokens. We are not responsible for any such losses.

Personal Information

We may determine it is necessary to obtain some information about you in order to comply with applicable law or regulation in connection with selling BSY tokens to you. You agree to provide us this information promptly whenever needed, and you acknowledge that we have the right to refuse to sell you BSY tokens until you provide requested information, or use this information to contact you.

Taxation

The Users have full responsibility for proper, correct calculation and payment of all taxes due in accordance with the legislation applicable to the Users. All Users' factual and potential tax obligations are the users' concern and we are not in any case and under no circumstances bound to compensate for the user tax obligation or giving the user any advice related to tax issues.

Public Contribution Period

The Public Contribution starts on the 24th July 2019 till 31th July 2019 or until the maximum contribution amount, as defined below, has been reached, whichever occurs earlier.

Accepted Funds

Contribution into the smart contract system during the crowd contribution will only be possible in ETH. Contributions on FIAT currencies will not be possible.

Maximum Contribution Amount

The maximum contribution amount for the Crowd Contribution (“Maximum Contribution Amount” or “Hard Cap”) will be the equivalent of 300000 ETH. The User understands that if contributions are received after the Hard Cap was reached, the ETH will be refunded to the ETH address which it was sent from.

Total Supply

The total supply of BSY tokens will be 1,000,000,000 BSY. No additional BSY tokens will be created.

Personal Minimum Contribution Limits

The minimum transfer amount of ETH into the smart contract system is 0.1 (“Minimum Transfer Amount”). If anyone makes a transfer that is less than the minimum transfer amount, it will be recorded as a donation and the relevant transfer may neither claim the allocation of BSY tokens, nor a refund of the transfer.

Refund: The User understands and accepts that in general all contributions are final and may not be reversed. The user acknowledges that he/she has no right to request a refund for any reason, and that he/she might not receive money or other compensation for any ETH that is not used or remains unused.