These terms of sale (“the Terms”) govern your purchase of the GOAL tokens [GOAL] (“the Tokens”) during the Token sale period (“the Sale Period”) provided through the website goalbonanza.com (“the Website”). By accessing the Platform and the Website you acknowledge that you have read these Terms and that you agree to be bound by them. Any violation of these Terms may be enforced by Goal Bonanza to the fullest extent allowed by law. Goal Bonanza will secure the resources for the development and operation of the Platform by distributing the Tokens in accordance with the Terms. The Tokens shall be used as utility tokens - a predominant mean of payment on the Goal Bonanza Platform. Goal Bonanza reserves the right to change, modify, add or remove portions of these Terms at any time at its sole discretion. The changes to the Terms will be effective immediately upon posting on the Website. You should review these Terms periodically for changes. By accessing the Platform and/or the Website and/or by purchasing and/or using the Tokens, you agree to the then current Terms. None of the materials and documents, issued by Goal Bonanza, including but not limited to these Terms, the Whitepaper and the Website, constitutes an offer, solicitation or advice to sell or invest in shares or securities, nor does it constitute a public offering of equity or debt. The terms including but not limited to ICO, Initial Coin Offering, Crowdsale, Sale, Pre Sales and other similar terms are used solely to describe a token generating event. None of the information presented are intended to form the basis for any investment decision, and no specific recommendations are intended. Goal Bonanza expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in any materials and documents, issued by Goal Bonanza, any error, omission or inaccuracy in any such information or any action resulting therefrom, or acquisition or usage of the Tokens. Ownership of the Tokens carries no rights, express or implied, and they do not represent or confer any ownership right or stake, share or security or equivalent rights, any right to receive future revenue shares, any governance rights, intellectual property rights or any other form of participation in or relating to Goal Bonanza and its affiliates. The Tokens are not intended to be a security or any other form of an investment product. Goal Bonanza does not provide exchange services with other cryptographic tokens and/or fiat money, nor does it provide custodial, wallet or other token storage services. The Tokens are not consumer products. Its purchasers, possessors and users are not covered by the consumer protection regulations under any jurisdiction.
Tokens and Token Distribution
The Tokens are ERC20 compliant Ethereum tokens.
There will be 1.000.000.000 Tokens released. The Tokens shall be distributed in the following manner:
• 5% of the Tokens will be awarded to the Goal Bonanza advisors and ambassadors
• 5% of the Tokens is reserved for future partnerships
• 10% of the Tokens will be held by Goal Bonanza founders and the rest of the team
• 10% of the Tokens is intended for purchase in pre-sale round and bounty pool
• 70% of the Tokens is intended for purchase in ICO
ICO (Token Sale)
The Tokens in ICO can be purchased in exchange for Ether (ETH), Bitcoin (BTC) and Litecoin (LTC). The only official and authorized website for the Token purchase is the Website. Failure to follow the instructions on the Website may limit, delay, or prevent the purchasers from purchasing the Tokens. Goal Bonanza shall in no way be responsible for any funds lost due to the purchaser’s negligence, lack of diligence, or failure to follow any instructions issued by Goal Bonanza.
The ICO will start on 16.11.2017, 00:00h (UTC+8) and end on 15.12.2017, 23:59h (UTC+8), or when all available Tokens have been purchased, whichever is earlier.
Token Price in ICO
16/11/2017, 1 GOAL token = $0.0300
17/11/2017, 1 GOAL token = $0.0316
18/11/2017, 1 GOAL token = $0.0333
19/11/2017, 1 GOAL token = $0.0353
20/11/2017, 1 GOAL token = $0.0375
21/11/2017, 1 GOAL token = $0.0400
22/11/2017, 1 GOAL token = $0.0405
23/11/2017, 1 GOAL token = $0.0411
24/11/2017, 1 GOAL token = $0.0417
25/11/2017, 1 GOAL token = $0.0423
26/11/2017, 1 GOAL token = $0.0429
27/11/2017, 1 GOAL token = $0.0435
28/11/2017, 1 GOAL token = $0.0441
29/11/2017, 1 GOAL token = $0.0448
30/11/2017, 1 GOAL token = $0.0455
01/12/2017, 1 GOAL token = $0.0462
02/12/2017, 1 GOAL token = $0.0469
03/12/2017, 1 GOAL token = $0.0476
04/12/2017, 1 GOAL token = $0.0484
05/12/2017, 1 GOAL token = $0.0492
06/12/2017, 1 GOAL token = $0.0500
07/12/2017, 1 GOAL token = $0.0508
08/12/2017, 1 GOAL token = $0.0517
09/12/2017, 1 GOAL token = $0.0526
10/12/2017, 1 GOAL token = $0.0536
11/12/2017, 1 GOAL token = $0.0545
12/12/2017, 1 GOAL token = $0.0545
13/12/2017, 1 GOAL token = $0.0545
14/12/2017, 1 GOAL token = $0.0545
15/12/2017, 1 GOAL token = $0.0545
The purchase of Tokens is final. There are no refunds or cancellations except as may be required by applicable law or regulation. Goal Bonanza reserves the right to refuse or cancel Token purchase requests at any time at its sole discretion.
The ICO is limited to the purchase of $25,000,000 worth of the Tokens. Goal Bonanza reserves the right to stop the sale of the Tokens, at its sole discretion, in situations including but not limited to a detection of a serious security issue, serious network performance issue and any type of attack on the Platform, Website or the Tokens.
Representations and Warranties
By purchasing the Tokens, you represent and warrant that:
(a) You have read and understand these Terms, you have sufficient understanding of the functionality, usage, storage, transmission mechanisms and other material characteristics of cryptographic tokens, token storage mechanisms, blockchain technology and blockchain-based software systems to understand these Terms and associated risks and implications of purchasing the Tokens, and you have obtained sufficient information to make an informed decision to purchase the Tokens;
(b) You are purchasing the Tokens on your own account as principal and not in anticipation of a further distribution of the Tokens to others, and that you are not purchasing the Tokens for any other uses or purposes, including but not limited to, any investment, speculative or other financial purposes;
(c) You are not a citizen or a resident of the Republic of Singapore nor you are not a citizen or a resident of the United States of America, its territories or possessions, any state of the United States of America or the District of Columbia, nor a corporation, partnership or other legal entity formed under the laws of the USA, nor an agency, branch or office located in the USA of a corporation, partnership or other legal entity that was formed under laws other than those of the USA, nor a trust of which any trustee is described in this paragraph, nor a legal entity the shares of which are not publicly traded on a securities exchange, and more than 45% of the shares of which are owned by or for the benefit of an individual or entity described in this paragraph, nor a member of any branch of the military of the USA, nor an agent or a fiduciary acting on behalf or for the benefit of an individual or entity described in this paragraph;
(d) Your purchase of the Tokens complies with applicable laws and regulations in your jurisdiction, including but not limited to legal capacity, the capacity to enter into a binding contract, and any other threshold requirements in your jurisdiction for purchasing and using the Tokens and agreeing to these Terms, any foreign exchange or regulatory restrictions applicable to such purchase, and any governmental or other consent that may need to be obtained, that you will comply with any applicable tax obligations in your jurisdiction arising from the purchase of the Tokens, and that you are not a citizen or a resident of a geographic area in which the purchase of Tokens and/or access to or use of the Platform, Website or Tokens is prohibited by applicable law, decree, regulation, treaty, or administrative act and you agree that if your citizenship, country of residence or other circumstances change in such way that this representation is no longer accurate, you will immediately cease using the Platform, Website or Tokens;
(e) If you are accessing and/or using the Platform and/or the Website and purchasing and/or using the Tokens on behalf of a legal entity, you represent and warrant that such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization, and you are duly authorized by such legal entity to act on its behalf (including but not limited to accepting these Terms).
By purchasing, holding and using the Tokens, you expressly acknowledge and assume the risks described in the following paragraphs. Goal Bonanza hereby expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind occurring in light of the aforementioned risks.
Risks associated with unfavorable regulatory actions. The regulatory status of the blockchain technology and cryptocurrencies is unclear or unregulated in many jurisdictions, which is why it is impossible to predict possible regulatory actions, which could negatively impact the use of the Platform and Website and the possession, use and value of the Tokens. There is a risk that in some jurisdictions the Tokens might now or in the future be considered securities. Goal Bonanza does not warrant or guarantee that the Tokens are not considered securities in all jurisdictions. It is your sole responsibility to determine if the purchase and possession of the Tokens is legal in your jurisdiction. If you establish that the purchase and possession of the Tokens is not legal in your jurisdiction, you should not purchase them. Purchasing and possessing Tokens may also result in unfavorable tax consequences. You are solely responsible for seeking adequate tax advice regarding the tax status of the Tokens in your jurisdiction. Risks associated with the Ethereum Platform. The Tokens are issued on the Ethereum Platform, therefore any malfunction, breakdown or abandonment of the Ethereum Platform may have a material adverse effect on, cause malfunctioning of or prevent access to or the loss of the Platform, Website or the Tokens. Risks associated with security weaknesses, theft, hacking and mining attacks. The Platform, Website and Tokens may unintentionally include weaknesses or bugs in the source code interfering with the use of or causing the loss of the Tokens. Hackers or other groups or organizations may attempt to interfere with the Platform, Website, Tokens and/or your third-party wallet in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus - based attacks. The Ethereum Platform and other blockchain networks are susceptible to mining attacks, including but not limited to double-spend attacks, majority mining power attacks, selfish-mining attacks, and race-condition attacks, that present a risk to the Tokens.
Risks associated with liquidity. Third party exchanges that offer trading of cryptographic tokens are currently unregulated in many jurisdictions, which makes them more susceptible to unfavorable regulatory actions, fraud or manipulation. Goal Bonanza offers no guarantees that the Tokens will be listed or made available for exchange with other cryptographic tokens and/or fiat money, no guarantees with regards to the volume of such potential exchange and no warranties with regards to any exchange service providers. Risks associated with the loss of value. Value of the Tokens may fluctuate and you may suffer loss in value of such acquired Tokens. Additionally, the loss of value of the ETH may impact the value of the Tokens. Risks associated with uninsured losses. The Tokens are entirely uninsured. Goal Bonanza does not offer any indemnity in case of any losses in relation to the Tokens. Risks associated with the insufficient interest in the Platform. It is possible that the Platform will not be used by a large number of individuals and other entities, which could negatively impact the development of the Platform and consequently the potential utility of the Tokens. Risks associated with the inadequacy and/or incompletion of the Platform. The Platform is under development and may undergo significant changes, which means it may not meet your expectations regarding its form and functionality. Some of the features may never be developed, released or fully functional. Goal Bonanza does not offer any guarantees with respect to the features and functionalities of the Platform. Goal Bonanza may, at its sole discretion, due to any number of reasons, suspend the operations of the Platform and dissolve. Unanticipated risks. The blockchain and cryptocurrencies are new and untested technology. In addition to the aforementioned risks, there are risks associated with the use of the Platform and the Website, and the purchase and possession of the Tokens, that are currently unforeseeable and can further materialize as unanticipated.
You are solely responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanisms you use to receive and hold the Tokens, including any private keys or other credentials required to access such storage mechanisms. Goal Bonanza is in no way responsible for any security breach to your storage mechanisms and for any subsequent loss of the Tokens.
Goal Bonanza may determine at its sole discretion, the personal information it needs to collect in order to comply with applicable laws, regulations and policies, to determine your eligibility to purchase Tokens and to execute its sale. You agree to provide such information promptly upon Goal Bonanza’s request and acknowledge that your use of the Platform, the Website and the sale and/or use of Tokens may be suspended until such information is taken under advisement and eligibility to purchase and/or use Tokens is determined.
The purchase price you pay for the Tokens is exclusive of all applicable taxes. You are solely responsible for all your factual and potential tax obligations. Goal Bonanza is under no conditions bound to withhold, collect, report or remit any tax arising from your purchase of the Tokens and/or to compensate you for your tax obligations.
YOU ARE USING THE PLATFORM AND THE WEBSITE AND PURCHASING AND/OR USING THE TOKENS AT YOUR OWN RISK. NOTWITHSTANDING ANYTHING TO THE CONTRARY AND TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, GOAL BONANZA PROVIDES THE PLATFORM, WEBSITE AND TOKENS “AS-IS” AND “AS AVAILABLE” AND DISCLAIMS AND EXCLUDES ALL REPRESENTATIONS, WARRANTIES, CONDITIONS AND TERMS, WHETHER STATUTORY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT, ACCURACY, AND NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, EXCEPT FOR, AND ONLY TO THE EXTENT THAT, ANY SUCH REPRESENTATION, WARRANTY, CONDITION OR TERM MAY NOT BE EXCLUDED OR LIMITED BY APPLICABLE LAW. GOAL BONANZA DOES NOT GUARANTEE ANY SPECIFIC RESULTS FROM THE USE OF THE PLATFORM AND THE WEBSITE AND THE PURCHASE AND/OR USE OF THE TOKENS. GOAL BONANZA MAKES NO WARRANTY THAT THE PLATFORM, WEBSITE AND TOKENS WILL BE UNINTERRUPTED, FREE OF VIRUSES OR OTHER HARMFUL CODE, TIMELY, SECURE, OR ERROR-FREE. RENDERING OF ANY SUPPORT SERVICES OR TECHNICAL OR OTHER ADVICE OR SERVICE BY GOAL BONANZA OR ANY THIRD PARTY, SHALL NOT CREATE A WARRANTY OR IN ANY WAY INCREASE THE SCOPE OF THIS WARRANTY AND YOU MAY NOT RELY UPON SUCH SERVICE, INFORMATION OR ADVICE.
LIMITATION OF LIABILITY
IN NO EVENT SHALL GOAL BONANZA, ITS PAST, PRESENT, OR FUTURE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, CONSULTANTS, PREDECESSORS, SUCCESSORS, EQUITY HOLDERS, ASSIGNS, AFFILLIATES, PARENT COMPANIES, SUBSIDIARIES, VENDORS, DISTRIBUTORS, SUPPLIERS, CONTRACTORS AND SERVICE PROVIDERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES OF ANY KIND, (INCLUDING BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATA, REVENUE, INCOME OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER CAUSED AND BASED ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT OR TORT (INCLUDING NEGLIGENCE AND STRICT LIABILITY) ARISING OUT OF OR IN ANY WAY RELATED TO THE USE OF THE PLATFORM AND/OR THE WEBSITE, SALE AND/OR USE OF THE TOKENS OR OTHERWISE RELATED TO THESE TERMS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE AND REGARDLESS OF WHETHER SUCH DAMAGE WAS FORSEEABLE.
TO THE FULL EXTENT ALLOWED BY LAW, YOU WILL INDEMNIFY, DEFEND AND HOLD HARMLESS GOAL BONANZA, ITS PAST, PRESENT, OR FUTURE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, CONSULTANTS, PREDECESSORS, SUCCESSORS, EQUITY HOLDERS, ASSIGNS, AFFILLIATES, PARENT COMPANIES, SUBSIDIARIES, VENDORS, DISTRIBUTORS, SUPPLIERS, CONTRACTORS AND SERVICE PROVIDERS FROM AND AGAINST ANY RESPONSIBILITY, LIABILITY, CLAIMS, DEMANDS, ACTIONS, INCIDENTAL, CONSEQUENTIAL, INDIRECT, SPECIAL, OR PUNITIVE DAMAGES OF ANY KIND, LOSSES (INCLUDING BUT NOT LIMITED TO LOSS OF REVENUE, INCOME OR PROFITS, LOSS OF BUSINESS, LOSS OF INFORMATION OR DATA), COSTS AND EXPENSES ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE PLATFORM AND/OR THE WEBSITE, SALE AND/OR USE OF THE TOKENS OR OTHERWISE RELATED TO THESE TERMS, EVEN IF GOAL BONANZA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. GOAL BONANZA LIMITS ITS AGGREGATE LIABILITY TO THE PURCHASE PRICE YOU PAID FOR THE TOKENS, AT GOAL BONANZA’S OPTION. GOAL BONANZA RESERVES THE RIGHT TO EXERCISE SOLE CONTROL OVER THE DEFENSE, AT YOUR EXPENSE, OF ANY CLAIM SUBJECT TO IDEMNIFICATION HEREIN. THIS DISCLAIMER OF LIABILITY FOR DAMAGES WILL NOT BE AFFECTED IF ANY REMEDY PROVIDED HEREIN FAILS ITS ESSENTIAL PURPOSE.
Goal Bonanza may send notices to you via postings on or within the Platform, the Website, or other reasonable means now known or hereafter developed. Notices posted on the Platform or the Website will be effective upon posting. Notices to Goal Bonanza shall be sent to email@example.com. All communications and notices to be made or given pursuant to these Terms must be made in the English language.