By scrolling down this page, you as purchaser acknowledge that you have read the notices below and consider the risks applicable and represented to us that this is not your first token purchase. As purchaser, you will receive fettered digital right subscribing to ERC20 Tokens for Ether (ETH) towards future services. By purchasing 'Deposit Offer' Tokens or "DO", purchaser IRREVOCABLY AGREE that we are not obliged to complete said projects and may even cancel at our discretion and under THE AUSTRALIAN CONSUMER LAW, SCHEDULE 2 OF THE COMPETITION AND CONSUMER ACT 2010 (CTH), we have limited our MAXIMUM LIABILITY for all provable losses, damages and claims arising out or in connection with or the provision of 'Deposit Offer' Tokens, including liability for breach, in negligence or in Tort or for any other COMMON LAW OR STATUTORY ACTION IS LIMITED TO THE SUM OF AUD $100 (ONE HUNDRED ONLY) IN TOTAL FOR EACH CLAIMANT.
is already in beta testing and is accessible by its URL. You acknowledged that Deposit Offer is a patented method under US PATENT 7376612
, future services as described in our WHITE PAPER PDF
will complement said patented invention and include PROJECT TASK 1 IS TO DESIGN A WAGERING SYSTEM TO PREDICT THE INTEREST RATE OF FIAT AND CRYPTO-CURRENCIES USING AI IN PARTICULAR LSTM DEEP LEARNING, PROJECT TASK 2 IS TO USE THESE DATA CURATED FOR INSTITUTIONS AND DEPOSIT-SYNDICATION. For example, purchasers will be able to use their 'DO' Tokens to invite institutions to bid for their deposits fundamentally shifting from being a interest rate taker to giver, further strengthening their positions by syndicating deposits collectively. For example, being decentralised crypto-currencies have no "central bank" to decide on its interest rate which is fundamental to the "Casper" proposal as ETH are basically locked up with rates expected to be in range of 5% PA. This patented system will provide the means to determine the 'market' rate for fiat and crypto as opposed to the policy rate decided by "central" Ethereum.Org or Central Banks. It will also allow institutions to radically improve their offering by including option to swap or exchange with non-cash. At all times, purchaser's right is contractual by an irrevocable acceptance and in full compliance to the terms (as amended from time to time) seen in https://depositoffer.com and in said White Paper which is incorporated herein by reference. In the event where there is a conflict between our terms here, the terms here shall prevail to the extent of the conflict. Here is a video explaination in case you require more information before proceeding.
PLEASE STOP HERE IF YOU ARE NOT AGREEABLE. BY PROCEEDING YOU AS PURCHASER GIVES YOUR CONSENT AND AGREEMENT TO PURCHASE DIGITAL TOKENS "DO" THAT ARE POTENTIALLY VALUELESS AND BE EXPOSED TO COMPLETE LOSSES.
NOTICE TO RESIDENTS OF THE UNITED STATES
The Offer and Sale of this Digital Token has not been registered under the US Securities Act of 1933, as amended (The Act), or under the Securities laws of certain States. In the unlikely event, it is construed as a Security, the purchased tokens may be offered, sold or otherwise transferred, pledged or hypothecated except as permitted under The Act and applicable State Securities laws pursuant to an effective registration sttament or an exemption therefrom. As the case may be not being a citizen of the Unites States of America, you understand by making this purchase you undertake this financial and regulatory risk.
NOTICE TO RESIDENTS OF AUSTRALIA
By executing the digital contract, Purchaser irrevocably indemnifies KHAI KWAN (including all parties connected with this depositoffer.com project) and must keep each party wholly indemnified against any and all liability, damages, claims and losses directly or indirectly arising from, and all costs, charges and expenses arising in connection with this Token Offer or any claim that KHAI KWAN has incurred or will incur, any liability under the Corporations Act, any Corporations Regulations or any other law (including, but not limited to, the Competition and Consumer Act 2010 (Cth)) in relation to or the disclosure or promotion of this Token sale; or any review or investigation undertaken by the Australian Securities & Investments Commission or any other regulatory authority as a result of an alleged or actual failure to comply with the conditions and requirements the Corporations Act, any Corporations Regulations or any other law (including, but not limited to, the Competition and Consumer Act 2010 (Cth) and the proposedamendment to Anti-Money Laundering and Counter-Terrorism Financing Act announced recently in relation to or the disclosure or promotion of this Token Offer.
NOTICE TO RESIDENTS OF HONG KONG
The Purchaser acknowledges, represents, warrants and/or agrees (as relevant):
(i) that it is a person deemed to be a "professional investor" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that ordinance; or
(ii) in circumstances where the Purchaser does not meet the criteria in paragraph (i) immediately above, then the Purchaser will not participate in any transaction requiring a "prospectus" as defined in the Companies Ordinance (Cap. 32) of Hong Kong or constituting an offer to the public within the meaning of that Ordinance; and
(iii) the contents of the depositoffer.com and its White paper have not been reviewed by any regulatory authority in Hong Kong.
NOTICE TO RESIDENTS OF SINGAPORE
The Purchaser acknowledges that Monetary Authority of Singapore (MAS) has recently issued a WARNING against Initial Coin Offering (http://www.mas.gov.sg/News-and-Publications/Media-Releases/2017/MAS-clarifies-regulatory-position-on-the-offer-of-digital-tokens-in-Singapore.aspx)
In particular, Purchaser must take note that MAS had stated that 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. Purchaser acknowledge that depositoffer.com and its Whitepaper has not been registered as a memorandum (as defined in the Securities and Futures Act ("SFA") with the Monetary Authority of Singapore.
To avoid any doubt or conflict with MAS (should they make any inquiry),Purchaser represents, warrants and/or agrees he or she is any one or more of: an institutional investor (as defined in the SFA); (ii) an accredited investor (as defined in the SFA); or (iii) a person pursuant to an offer that is made on terms that the tokens are acquired at a consideration of not less than SGD $200,000 (or its equivalent in a foreign currency) for each transaction, whether such amount is to be paid for digital currencies or that an offer is otherwise made to you pursuant to, and in accordance with the conditions of, any other applicable exemption of the SFA.
NOTICE TO RESIDENTS OF PEOPLE'S REPUBLIC OF CHINA (EXCLUDING HONG KONG & MACAU SARS, TAIWAN)
NO Digital Token are being offered or sold and may not be offered or sold, directly or indirectly, within the People¯s Republic of China except as permitted by the Securities and other laws and regulations. A committee led by China’s central bank had on the 4 Sept 2017 announced an immediate ban on ICO funding, which has “seriously disrupted the economic and financial order". This means no residents in People's Republic of China are permitted to purchase and we are not permitted to sale to any. See https://techcrunch.com/2017/09/04/chinas-central-bank-has-banned-icos/
NOTICE TO RESIDENTS OF THE UNITED KINGDOM
THERE IS NO COOLING OFF PERIOD AND BY SENDING YOUR ETHERS TO THE CONTRACT ADDRESS BELOW,
YOU HAVE EXECUTED UNDER YOUR HAND AN IRREVERSIBLE DIGITAL CONTRACT ON THE ETHEREUM NETWORK UNDER THE TERMS AND CONDITIONS FOR CONSIDERATION AND SHALL RECEIVE YOUR TOKENS "DO". NOTE- DO NOT SEND OR USE AN EXCHANGE ACCOUNT TO SEND ETHER.