Terms of Coin Sale

These Terms of Coin Sale (the “Terms”) govern your participation in the sale of QuizAI Tokens (“QAI Tokens” or “Tokens”) by QuizAI (“we,” “our,” or “the Company”). By purchasing QAI Tokens during the Coin Sale, you agree to comply with these Terms and conditions.

1. Overview

QuizAI is conducting a sale of its QAI Tokens, which will be used within the QuizAI ecosystem. QAI Tokens may be used for in-game purchases, rewards, NFT transactions, and staking. The sale will take place during a specified period, and by participating, you acknowledge that you have read and understood these Terms.

2. Eligibility

To participate in the Coin Sale, you must:

Be at least 18 years of age or the legal age in your jurisdiction to participate in a sale of digital tokens.
Be a resident of a jurisdiction where participation in token sales is not prohibited by law.
Complete the Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, if required.
Agree that you will not use any funds derived from illegal activities to purchase Tokens.

3. Coin Sale Details

Sale Dates: The Coin Sale will begin on [Start Date] and end on [End Date] or when the token supply is exhausted.
Token Price: Each QAI Token will be sold for [Price] USD or equivalent in cryptocurrency.
Accepted Currencies: We will accept payments in [list accepted currencies such as ETH, BTC, USDT, etc.].
Minimum Purchase: The minimum purchase amount is [Insert amount].
Total Tokens for Sale: A total of [Insert total amount] QAI Tokens will be made available during the Coin Sale.
Hard Cap: The maximum amount to be raised during the Coin Sale is [Insert Hard Cap] USD or equivalent in cryptocurrency.

4. Use of Funds

The funds raised from the Coin Sale will be used for:

Platform Development: Building and enhancing the QuizAI ecosystem.
Marketing & Community Growth: Expanding the QuizAI community, including influencer partnerships, social media campaigns, and educational content.
Legal & Compliance: Ensuring full compliance with regulations, including legal fees.
Team & Operations: Supporting the QuizAI team and maintaining operations.

5. Token Distribution

QAI Tokens will be distributed to participants after the Coin Sale is complete and all relevant checks are conducted. The distribution schedule is as follows:

Token Allocation:
- Coin Sale Participants: [Insert percentage]%
- Team & Advisors: [Insert percentage]%
- Partnerships & Ecosystem: [Insert percentage]%
- Reserve Fund: [Insert percentage]%
Distribution Timeline: Tokens will be distributed within [Insert number of days] days after the end of the Coin Sale.

6. Risks

By participating in the Coin Sale, you acknowledge and accept the following risks:

Market Risk: The value of QAI Tokens may fluctuate significantly based on market conditions and demand.
Regulatory Risk: Changes in laws or regulations could impact the sale or the use of QAI Tokens.
Security Risk: Although we take significant precautions, no method of digital transactions is completely secure. There is a risk of cyberattacks, hacks, or other security breaches.

You should only participate in the Coin Sale if you understand these risks and can afford the potential loss of your investment.

7. No Investment Advice

The Coin Sale and QAI Tokens are not intended to be investments. By purchasing QAI Tokens, you do not acquire any ownership, equity, or shareholder rights in the QuizAI platform or any other entity. We do not provide financial advice, and you should consult with a financial advisor before participating in the Coin Sale.

8. Refund Policy

All sales are final. Once QAI Tokens are purchased, they cannot be refunded except in cases where the Coin Sale is canceled or suspended by QuizAI. In such cases, all funds will be returned to participants.

9. Restrictions on Transfer

You acknowledge that QAI Tokens may not be tradable on any exchange or marketplace until the platform’s launch, and the transfer of tokens may be restricted for a period of time after the Coin Sale. These restrictions will be outlined at the time of the sale and may change.

10. Compliance with Laws

Participants must comply with all applicable local laws and regulations regarding the purchase, holding, and use of QAI Tokens. You must ensure that you are not violating any regulations in your jurisdiction by participating in the Coin Sale.

11. Limitation of Liability

To the maximum extent permitted by law, QuizAI will not be liable for any loss or damages, including indirect, incidental, or consequential damages, arising from or related to your participation in the Coin Sale or the use of QAI Tokens.

12. Changes to the Coin Sale

QuizAI reserves the right to modify or cancel the Coin Sale at any time. If there are any significant changes, we will notify participants via email or other channels.

13. Contact Information

If you have any questions about the Coin Sale or need further information, please contact us at:

Email: team@quizai.space
Website: www.quizai.space
Social Media: https://x.com/quizaispace