Sales Terms & Conditions

Effective Date: March 2025

1. Parties

These Terms and Conditions ("Terms") constitute a legally binding agreement between Levolution AG, a "Aktiengesellschaft" - organized under the laws of Switzerland ("Company," "we," "us," or "our"), and you, the purchaser ("Purchaser," "you," or "your"), governing your purchase of LEVLX tokens ("Tokens") through the Company's token sale platform ("Platform") located at portal.levolution.io.

2. Eligibility and Representations

By participating in this token sale and purchasing Tokens, you represent and warrant that:

  • (a) Capacity: You are of legal age and have the full legal capacity to enter into these Terms and to purchase Tokens in your jurisdiction.
  • (b) Residency: You are not a citizen, resident (tax or otherwise), or green card holder of any jurisdiction where participation in token sales or the purchase, holding, or use of Tokens is prohibited, restricted, or unauthorized by applicable law, decree, regulation, treaty, or administrative act (collectively, "Prohibited Jurisdictions"). Prohibited Jurisdictions include, but are not limited to, the United States of America, the People's Republic of China,North Korea, Iran, Syria, many countries that are on the FATF black list or grey list.
  • (c) Compliance: Your purchase and use of Tokens will comply with all applicable laws and regulations in your jurisdiction, including, but not limited to, anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
  • (d) Source of Funds: The funds you use to purchase Tokens are not derived from or related to any illegal activities, including but not limited to money laundering or terrorist financing.
  • (e) Non-Reliance: You are not relying on any representations or warranties made by the Company or its affiliates other than those expressly set forth in these Terms.
  • (f) Sophistication and Risk Understanding: You have sufficient knowledge and understanding of blockchain technology, cryptographic tokens, and digital assets, and the risks associated with purchasing and holding Tokens, including the risk of complete loss of value. You are solely responsible for evaluating the merits and risks of purchasing Tokens.
  • (g) KYC/AML: You will provide all information and documentation requested by the Company for Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance purposes. The Company reserves the right to refuse to sell Tokens to you if you fail to provide such information or if the Company determines, in its sole discretion, that you do not meet its KYC/AML requirements.

3. Token Sale Process

  • (a) Purchase Procedure: To purchase Tokens, you must follow the two-step process on the Platform:
    • Step 1: Specify the desired quantity of Tokens or the equivalent amount in the displayed FIAT currency.
    • Step 2: Review the order summary, select a payment method, review payment details, and complete the checkout process.
  • (b) Payment Methods: We accept the following payment methods: e.g., "Cryptocurrency (Bitcoin, Ethereum), Credit Card (Visa, Mastercard), Sepa Bank Transfer". You will find a list of available payment methods in the order check out process. Once you have selected a payment method you will find specific instructions for each payment method.
  • (c) Token Delivery:
    • Automatic Delivery: For certain payment methods (e.g., wallet- and blockchain  cryptocurrency payments), Tokens will be automatically transferred to your designated wallet within the Platform ("Portal Wallet") upon confirmation of your payment was processed.
    • Manual Delivery: For other payment methods (e.g., bank transfers), Tokens will be transferred to your Portal Wallet after the Company has verified and confirmed receipt of your payment. This may take up to 3 business days after your payment was processed.
  • (d) Order Confirmation: Upon successful completion of your order and confirmation of payment, you will receive an order confirmation for each state via [e.g., email, on-screen notification within the Platform].
  • (e) Order Cancellation: You may only cancel your order to the extent permitted by mandatory laws. In all other aspects, orders are irrevocable, and all sales are final. There are no refunds except as expressly provided in these Terms or as required by applicable law.

4. Token Utility and Rights

  • (a) Utility Token: The Tokens are utility tokens designed for use within the Levolution ecosystem. LEVLX token is included in all projects, for fees, rewards, etc. in order to be able to increase and cover the needs as the ecosystem grows. LEVLX tokens grant access to specific features when setting up a campaign, allow users to e.g, join Levolution Academy and are required for using special features within the platform. They are not intended to be used as a form of currency or investment.
  • (b) No Ownership Rights: The Tokens do not represent or confer any ownership right, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights, or any other form of participation in or relating to the Company or its affiliates.
  • (c) No Voting Rights: The Tokens do not grant any voting rights in the Company or its affiliates.
  • (d) Transferability: The Tokens are transferable within the Portal Wallet. Transferring tokens outside of the plattform is restricted to user identification status. If you want to transfer Tokens outside the Portal following user state is minimum needed: KYC Identification is done and 2FA (2-Factor-Authentication) is activated.
  • (e) The company can burn or mint tokens at its sole discretion.

5. Risks

Purchasing and holding Tokens involves significant risks, including but not limited to:

  • (a) Risk of Loss: The value of Tokens may fluctuate significantly and could drop to zero. You could lose all of the funds you use to purchase Tokens.
  • (b) Regulatory Risk: The regulatory landscape surrounding cryptocurrencies and token sales is evolving rapidly. Changes in laws and regulations could materially impact the value and utility of Tokens.
  • (c) Technology Risk: The Platform and the Tokens rely on Sonic blockchain technology, which is subject to potential vulnerabilities, hacking attacks, and other technical issues.
  • (d) Platform Risk: The Platform may be subject to downtime, maintenance, or other disruptions.
  • (e) Liquidity Risk: There is no guarantee that an active trading market for the Tokens will develop or be maintained.
  • (f) Tax Risk: The tax treatment of tokens is uncertain and may vary depending on your jurisdiction. You are solely responsible for determining and complying with your tax obligations.

6. Limitation of Liability

  • (a) Disclaimer of Warranties: The Tokens and the Platform are provided "as is" and "as available," without any warranties of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, non-infringement, or accuracy.
  • (b) Limitation of Liability: To the fullest extent permitted by applicable law, the Company and its affiliates, directors, officers, employees, agents, and representatives shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Tokens or the Platform; (ii) any conduct or content of any third party on the Platform; (iii) any content obtained from the Platform; or (iv) unauthorized access, use, or alteration of your transmissions or content.
  • (c) Maximum Liability: In no event shall the aggregate liability of the Company and its affiliates, directors, officers, employees, agents, and representatives for all claims arising out of or relating to these Terms or the purchase or use of Tokens exceed the amount you paid to the Company for the Tokens.
  • (d) Force Majeure. The Company shall not be liable for failing or delaying performance of its obligations resulting from any condition beyond its reasonable control, including but not limited to, governmental action, acts of terrorism, natural disasters, acts of God, labor conditions, power failures, and Internet disturbances.

7. Indemnification

You agree to indemnify, defend, and hold harmless the Company and its affiliates, directors, officers, employees, agents, and representatives from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to (i) your breach of these Terms; (ii) your violation of any applicable law or regulation; (iii) your use of the Tokens or the Platform; or (iv) your negligence or willful misconduct.

8. Dispute Resolution

  • (a) Governing Law: These Terms shall be governed by and construed in accordance with the laws of Switzerland, without regard to its conflict of laws principles.
  • (b) Arbitration: Any dispute, controversy, or claim arising out of or relating to these Terms, or the breach, termination, or invalidity thereof, shall be settled by binding arbitration in accordance with the Swiss Rules of International Arbitration - The seat of arbitration shall be Zug, Switzerland. The language of the arbitration shall be English.
  • (c) Class Action Waiver: You agree that any arbitration or court proceeding shall be conducted only on an individual basis and not in a class, consolidated, or representative action.

9. Miscellaneous

  • (a) Entire Agreement: These Terms constitute the entire agreement between you and the Company relating to the subject matter hereof and supersede all prior or contemporaneous communications and proposals, whether oral or written.
  • (b) Severability: If any provision of these Terms is held to be invalid or unenforceable, such provision shall be struck and the remaining provisions shall remain in full force and effect.
  • (c) Waiver: No waiver of any provision of these Terms shall be deemed a further or continuing waiver of such provision or any other provision.
  • (d) Assignment: You may not assign these Terms or any of your rights or obligations hereunder without the prior written consent of the Company. The Company may assign these Terms without your consent.
  • (e) Amendments: The Company may amend these Terms at any time by posting the revised Terms on the Platform. Your continued use of the Platform or purchase of Tokens after such posting constitutes your acceptance of the amended Terms.
  • (f) Notices: All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered in person, upon the first business day following deposit in the mail, postage prepaid, certified or registered, return receipt requested, addressed as follows:
    • If to the Company: Levolution AG, Bahnhofstr. 7, 6300 Zug, Switzerland
    • If to you: The email address or physical address you provide during the registration or purchase process.
  • (g) Survival. Sections 2, 4, 5, 6, 7, 8, and 9 shall survive the termination of these token sale terms.

10. Contact Information

If you have any questions about these Terms, please contact us at:contact@levolution.io

BY CLICKING "I AGREE" OR PROCEEDING WITH THE TOKEN PURCHASE, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS.