In order to participate in the Token Sale, the Customer must have completed Registration, Iron Eagle must have confirmed their Registration and the Customer must be logged in at Iron Eagle’s website.
Persons and entities as per section 1 are excluded from participation in the Token Sale, even if the respective reason for exclusion has occurred only after Registration or after confirmation of Registration.
A prerequisite for the transferal of NCDTs is that the Customer is the owner of an ERC-20 compatible crypto wallet (i.e. the owner of the corresponding private key) and has provided the address of that crypto wallet in the registered area of the Iron Eagle website. Iron Eagle is not obliged to offer compatible crypto wallets itself. In any case, the Customer is solely responsible for the compatibility of the crypto wallet used and for the safekeeping of the transferred Tokens.
Registration and the confirmation of the Registration entitles the Customer neither to the actual implementation of the Token Sale nor to their participation in the implemented Token Sale.
For the purchase of NCDTs, a minimum order value of EUR 100 applies to natural persons and a minimum order value of EUR 1,000 applies to legal entities. The Customer submits a binding order for the purchase of NCDTs by clicking on the button "Order with obligation to pay" at the end of the online subscription process. The Customer waives any claim to receiving a declaration of receipt regarding its request to purchase NCDTs.
The Token Sale is scheduled to start on 23 May 2019 and is expected to end on 30 June 2020. NCDTs are offered with the following price escalation:
- 23 May 2019 – 31 July 2019: EUR 0.08 per NCDT;
- 1 August 2019 – 30 September 2019: EUR 0.16 per NCDT;
- 1 October 2019 – 31 December 2019: EUR 0.32 per NCDT;
- 1 January 2019 – 31 March 2020: EUR 0.64 per NCDT;
- 1 April 2020 – 30 June 2020: EUR 1.28 per NCDT.
Until the actual start of the Token Sale Iron Eagle may adjust the dates contained in sections 8.6. without giving a reason. After the start of the Token Sale, Iron Eagle may pause the Token Sale at any time without giving reasons; during a pause, no NCDTs will be sold. The period of the Token Sale and the price conditions in accordance to Section 8.6 shall be adjusted accordingly. The adaption is in the sole and free discretion of Iron Eagle. Customers whose registration has been confirmed will be informed about such adjustment of the dates and about the beginning and ending of a pause via email. The adjustment of the dates as well as pausing the Token Sale shall not give rise to any claim for damages.
NCDTs can be retrieved from the website https://nuco.cloud after registration. The Customer is able to retrieve the NCDTs at the earliest after expiration of any revocation period and at the latest 30 days after the receipt of payment by Iron Eagle.
Iron Eagle is entitled to terminate the Token Sale at any time (before the planned end of the Token Sale). In this case, Customers have neither a claim for reversal (repayment) nor a claim for damages.