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TERMS & CONDITIONS OF MVON TOKEN SALE

Last Updated: October 21, 2026

PLEASE READ THESE TERMS & CONDITIONS (“TERMS”) CAREFULLY BEFORE PARTICIPATING IN THE SALE OF MVON TOKENS (“MVON” OR “TOKENS”). BY PURCHASING MVON TOKENS, CONNECTING A CRYPTOGRAPHIC WALLET, OR CLICKING “I AGREE” ON THIS WEBSITE, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL TERMS INCORPORATED BY REFERENCE.

IF YOU DO NOT AGREE TO THESE TERMS, DO NOT CONNECT YOUR WALLET, INTERACT WITH THE SMART CONTRACTS, OR PURCHASE MVON TOKENS.

1. GENERAL PROVISIONS & PURE UTILITY CLASSIFICATION

1.1. Company: The token sale is conducted by MovitOn Ltd., a company incorporated under the BVI Business Companies Act of the British Virgin Islands (the “Company”, “we”, “us”, or “our”).

1.2. Ecosystem: Refers to the MovitOn decentralized peer-to-peer logistics network, hardware/software infrastructure, and associated technology stack.

1.3. Pure Utility Token Classification: MVON is a native, non-custodial utility token designed exclusively to facilitate operations, unlock premium platform features, enable courier collateral/staking, and power decentralized workflow orchestration within the MovitOn ecosystem.

1.4. Statutory Non-Security Representation: MVON tokens do NOT constitute:

  • Securities, shares, debentures, or equity units under the BVI Securities and Investment Business Act (SIBA) or any equivalent foreign legislation;
  • Financial instruments, collective investment scheme interests, or debt obligations;
  • Any entitlement to dividends, revenue sharing, voting rights in the corporate structure of the Company, or liquidation proceeds.

2. TOKEN SALE PARAMETERS, TGE, CLAIM & DATES

2.1. Public Sale Price: The token sale price per 1 MVON is set for each sale round and is displayed on the official sale platform at the time of purchase.

2.2. Accepted Assets: Payments may be made via USDT and USDC on the supported networks, the native coin of the supported network (ETH, BNB or POL), or bank transfer, as integrated into the official sale platform and smart contract.

2.3. Token Generation Event (TGE): The formal minting, deployment, and smart contract initialization of MVON on the Ethereum blockchain as an ERC-20 token shall constitute the Token Generation Event (“TGE”).

2.4. Public Announcement & Long-Stop Date:

  • The exact dates, block numbers, and distribution schedules for the TGE will be publicly announced by the Company in advance via its official website and official communication channels.
  • Long-Stop Provision: In the event TGE does not occur on or before December 31, 2026 (“Long-Stop Date”), the Company reserves the absolute right to restructure the sale terms, extend the schedule, or refund unallocated net proceeds at its sole discretion.

2.5. Token Claim Mechanics:

  • Prior to TGE, any purchase execution on the portal represents a contractual entitlement to claim MVON tokens upon TGE execution.
  • Following TGE, buyers shall claim or receive their allocated MVON tokens directly into their designated non-custodial Web3 wallet (e.g., MetaMask, MyEtherWallet (MEW), Trust Wallet, or equivalent EVM-compatible wallets).

2.6. Self-Custody & Key Management: Buyers maintain 100% responsibility for wallet security. The Company shall not be liable for loss of tokens resulting from lost seed phrases, compromised private keys, phishing attacks, or incorrect destination addresses provided by the buyer.

3. JURISDICTIONAL RESTRICTIONS, SANCTIONS & ELIGIBILITY

3.1. Capacity & Authority: You warrant that you are of legal age under your local jurisdiction (at least 18 years old) and possess full legal capacity to enter into binding agreements.

3.2. Excluded Persons & Restricted Jurisdictions: You explicitly represent and warrant that you are NOT a citizen, national, resident, tax resident, or green card holder of, nor located in:

  • The United States of America (including its territories and possessions);
  • The Democratic People’s Republic of Korea (North Korea), Iran, Cuba, Syria, Crimea, Donetsk, or Luhansk regions;
  • Any country or territory subject to comprehensive sanctions by the BVI Government, UK OFSI, OFAC, the United Nations Security Council, or the European Union;
  • Any jurisdiction where token acquisition, holding, or cryptographic software usage is strictly prohibited by applicable law.

3.3. Specific Notice Regarding the United Arab Emirates (UAE):

  • No Active Target Marketing: The Company does NOT actively market, advertise, solicit, or offer MVON tokens to retail investors within the United Arab Emirates (including UAE Onshore, DIFC, and ADGM). The Token Sale website and associated portal materials are distributed on a global, decentralized basis and are not directed at the UAE market.
  • Reverse Solicitation Acknowledgements: Any participation by individuals or entities residing in or accessing the Platform from the UAE is executed strictly upon the buyer’s own exclusive initiative (“Reverse Solicitation”). By connecting a wallet and purchasing MVON, any UAE-based buyer explicitly confirms and warrants that: (a) They accessed the sale portal independently without being targeted by localized promotional campaigns, direct marketing, or incentivized solicitations within the UAE; (b) They voluntarily seek to acquire MVON tokens for software utility purposes within the MovitOn ecosystem; and (c) They comply with all applicable local tax and regulatory requirements within their jurisdiction.

3.4. Anti-Money Laundering (AML) & OFAC Screening: You warrant that the funds used to purchase MVON are not derived from illegal activities, money laundering, or terrorist financing, and that your wallet address has not interacted with privacy mixers (e.g., Tornado Cash) or OFAC SDN-listed entities.

4. KYC/AML COMPLIANCE, CARF & TAX REPORTING

4.1. Compliance Verification: The Company reserves the right to enforce identity verification (KYC), sanctions screening, and Source of Funds (SoF) verification at any point prior to or following TGE.

4.2. Tax Reporting & CARF Consent: You acknowledge and consent that the Company may be subject to regulatory obligations under the Crypto-Asset Reporting Framework (CARF), Automatic Exchange of Information (AEOI), or Common Reporting Standard (CRS), and may disclose transaction details to relevant tax authorities as required by BVI law.

4.3. Non-Compliance: Failure to provide satisfactory KYC/AML verification or requested tax documentation within fourteen (14) days will result in the immediate forfeiture of token distribution rights without entitlement to a refund.

5. SMART CONTRACT INTERACTION & TECHNICAL RISKS

5.1. Execution via Smart Contracts: You acknowledge that purchases are processed autonomously via decentralized smart contracts. The Company does not guarantee uninterrupted operation of underlying Layer-2 networks or public RPC nodes.

5.2. Assumption of Risk: By interacting with the sale interface, you expressly assume all risks associated with cryptographic software, including gas fee spikes, blockchain reorganizations, network latency, and undiscovered smart contract vulnerabilities beyond the Company’s reasonable technical control.

6. NO REPRESENTATIONS, WARRANTIES, OR REFUNDS

6.1. As-Is Basis: MVON tokens are sold strictly on an “AS IS” and “AS AVAILABLE” basis without warranties of any kind, express or implied.

6.2. No Refunds: All payments made toward MVON tokens are final, non-refundable, and non-cancellable, except as expressly provided in Section 2.4 of these Terms or required by applicable law. You expressly waive any statutory right of cancellation or rescission once the transaction is validated on the blockchain.

7. GOVERNING LAW & INTERNATIONAL ARBITRATION

7.1. Governing Law: These Terms, their interpretation, and any non-contractual claims arising out of or in connection with them shall be governed by, and construed exclusively in accordance with, the substantive laws of the British Virgin Islands (BVI).

7.2. Binding BVI IAC Arbitration: Any dispute, controversy, or claim arising out of, relating to, or in connection with these Terms, including their formation, validity, breach, or termination, shall be referred to and finally resolved by binding arbitration administered by the BVI International Arbitration Centre (BVI IAC) under its Arbitration Rules in effect at the time of claim filing:

  • Seat / Legal Place of Arbitration: Road Town, Tortola, British Virgin Islands.
  • Language of Proceedings: English.
  • Number of Arbitrators: One (1) Sole Arbitrator.

7.3. Class Action Waiver: All claims must be brought solely on an individual basis. You explicitly waive any right to initiate, join, or participate as a plaintiff or class member in any class action, collective lawsuit, or representative arbitration against the Company or its officers.

8. MISCELLANEOUS

8.1. Severability: If any provision of these Terms is deemed unlawful, void, or unenforceable, that provision shall be deemed severable and shall not affect the validity and enforceability of the remaining provisions.

8.2. Entire Agreement: These Terms constitute the entire legal agreement between you and MovitOn Ltd. regarding the purchase of MVON tokens.

8.3. Amendments: The Company reserves the right to modify these Terms at any time by updating this webpage. Continued interaction with the token sale interface constitutes acceptance of the modified Terms.