TERMS AND CONDITIONS


 

TERMS AND CONDITIONS

TERMS AND CONDITIONS

I AGREE TO JOIN THE EARTH DOLLAR ASSOCIATION
AND ABIDE BY THE TERMS AND CONDITIONS AS A MEMBER.
BASIC MEMBERSHIP IS FREE AND ANYONE CAN JOIN.

INTRODUCTION TO TERMS

 

The EarthDollar Community Currency, the Earth Dollar and the Smart Asset Token (individually and collectively “Tokens”) are only for members of the Earth Dollar Association. Basic membership into the Earth Dollar Association is FREE and anyone can join.

 

This Earth Dollar Terms and Conditions (the “Terms”) contains the terms and conditions that govern your purchase, sale, acquisition, use, exchange, trading, and holding of the of Earth Dollar (Community Currency), including but not limited to during the time of the Earth Dollar Community Currency Sale (the “Earth Dollar Community Currency Sale”) and is an agreement between Earth Dollar Association, a Self-Regulating Organization (S-DAO) (“Earth Dollar”, “we”, “us”, or “our”) and you or the entity you represent (“you” or “Association Member” or “Purchaser”) and takes effect when you:

  1. click an “I Accept” button or check box presented with these terms or, if earlier, you expressly acknowledged and represented that: you have carefully reviewed these Terms, fully understood the risks, costs, and benefits of purchasing Earth Dollar (Community Currency) and agreed to be bound by these Terms;
  2. you agree to join and become a full Basic Member of the Earth Dollar Association;
  3. you are authorized to purchase Earth Dollar (Community Currency) Token in your relevant jurisdiction; you are of a legal age to be bound by these Terms, but in any event not less than eighteen {18) years old, or you have received permission from a legal guardian who has reviewed and agreed to these Terms and all other instructions relating to the Earth Dollar Community Currency Sale of the Earth Dollar (Community Currency);
  4. you are buying Earth Dollar (Community Currency) to use them on the Mother Earth Network Blockchain (Software Platform), to support the Earth Dollar project for humanitarian purposes, and for donation to support the Earth Dollar project; or
  5. to support the development, testing, deployment, and operation of the Mother Earth Network Blockchain (Software Platform), and not for speculative investment;
  6. you understand the usage and intricacies of Tokens and blockchain-based software systems and
  7. take sole responsibility for any restrictions and risks associated with the purchase, sale, possession and use of the Earth Dollar (Community Currency), including without limitation those set forth below; and to the extent permitted by law,
  8. you as a full Basic Member will not hold the Self-regulating Earth Dollar Association, the Parties, our affiliates, including its founders and other team members, or the officers, directors, agents, joint ventures, employees and suppliers or their parent, affiliates, or subsidiaries, now or in the future, or any other member of the group of developers and other personnel that is now, or will be, employed by, or contracted with, or their affiliates (individually and collectively “EarthDollar Alliance”), liable for any losses or for any indirect, special, incidental, or consequential damages arising out of, or in any way connected to, your purchase of the Earth Dollar (Community Currency).
  9. when we receive payment in full pursuant to date of confirmation of the receipt of the payment (the “Effective Date”). If you enter these Terms for an entity, such as the company you work for, you represent to us that you have legal authority to bind that entity. Your holding, and/or your usage of the Earth Dollar (Community Currency) is proof of your acceptance of these Terms.

By purchasing or by using the Earth Dollar (Community Currency) or by accessing any of the Living Economic System or by accessing any of the Mother Earth Network, the Association Member acknowledges they have read, expressly understands, and agrees with all the terms and conditions and policies set forth in the accompanying agreements below, including all of the terms and conditions in this agreement:

(individually and collective the “ED Agreements”)

 

The above said agreements are an integral and indivisible part of these Terms and are incorporated by reference herein. By Click on the “I Accept” button or check box presented is equivalent to your electronic signature on these documents above and therefore you have accepted and have electronically signed all these documents. Your Earth Dollar Wallet address is equivalent to a secondary electronic signature.

 

The following Terms and Conditions (“Terms”) govern the ED Community Currency Sale. The Earth Dollar (Community Currency) itself is a decentralized asset backed and/or community currency based on nature and functions of natural law, designed to provide rewards to Heal Our Mother Earth (H.O.M.E.), including mitigating climate change and alleviating global poverty.

 

ABOUT THE EARTH DOLLAR

 

The Tokens also represent the alternative and/or community currencies of several Indigenous Nations, and act as digital fuel to power a new alternative decentralized economic system on a blockchain called the “Living Economic System”.

 

The Tokens are created under the United Nations Declaration of Rights of Indigenous Peoples (UNDRIP), which was adopted by all the countries on September 13, 2007 states: in Article 4 that ” Indigenous peoples, in exercising their right to self-determination, have the right to autonomy or self-government in matters relating to their internal and local affairs, as well as ways and means for financing their autonomous functions.” This means that Indigenous Peoples have the right to use the Tokens as a means of financing their autonomous functions.

 

The Earth Dollar platform is the only blockchain tool that can provide “Real Time Measurement of the Ecological Footprint Mitigation” of people and organizations; this can become an important tool during the next 15 years in bringing climate justice and ecological restoration to our planet.

 

The Earth Dollar (Community Currency) and/or community currency fuels environmental movements, social activists, open source communities, indigenous communities, non-profit organizations, sustainable businesses and the unbanked. The Earth Dollar (Community Currency) plans to reward people through the “World Basic Income” program for being sustainable and contributing to healing our planet. “Today, there is no greater threat to our planet than climate change and the ecological destruction of our living giving resources. No challenge poses a greater threat to future generations. It is indeed one of the biggest threats facing our planet today.

 

The Earth Dollar (Community Currency) hopes to fund solutions to resolve some of the greatest threats facing our planet and facing humanity. The widespread acceptance and usage of the Earth Dollar (Community Currency) will help restore our planet and revitalize our global economy. We hope you will support us on our efforts.

 

PREAMBLE

THE CREATION OF THE LIVING ECONOMIC SYSTEM IS IN THE EARLY STAGE OF DEVELOPMENT AND IS AN ONGOING PROCESS. WE ENVISION BUILDING OTHER ORGANIZATIONS IN THE FUTURE TO SUPPORT THE SPECIFIC FUNCTIONS AND OPERATIONS OF THE LIVING ECONOMIC SYSTEM INCLUDING BUT NOT LIMITED TO THE FOLLOWING ORGANIZATIONS AS PART OF THE LIVING ECONOMIC SYSTEM: (A) EARTH DOLLAR ASSOCIATION, (B) MOTHER EARTH TRUST (WILDLIFE SANCTUARIES), (C) EARTH DOLLAR LTD. AND (D) ALL FUTURE ASSOCIATED ENTITIES THAT WILL BE PART OF THE LIVING ECONOMIC SYSTEM (HEREINAFTER INDIVIDUALLY OR COLLECTIVELY “EARTHDOLLAR ALLIANCE”).

 

THIS DOCUMENT PERTAINS TO THE PURCHASE OF TOKENS FOR USE AS DIGITAL DIGITAL-FUEL ON THE LIVING ECONOMIC SYSTEM, A DECENTRALIZED BLOCKCHAIN SOFTWARE APPLICATION FOR HEALING MOTHER EARTH, FIGHTING CLIMATE CHANGE AND ENDING GLOBAL POVERTY, CURRENTLY BEING DEVELOPED ON THE SELF-REGULATION MOTHER EARTH NETWORK (SOFTWARE PLATFORM). YOU CANNOT ACCESS THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) WITHOUT THE EARTH DOLLAR DIGITAL-FUEL AND BEING A MEMBER OF THE EARTH DOLLAR ASSOCIATION.

 

THIS DOCUMENT IS NOT A SOLICITATION FOR INVESTMENT AND DOES NOT PERTAIN IN ANY WAY TO AN OFFERING OF SECURITIES IN ANY JURISDICTION. PURCHASE OF THE TOKENS TO ACCESS AND TO USE THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) IS A PRIVILEGE, AND NOT A RIGHT; IT DOES NOT ENTITLE THE ASSOCIATION MEMBER TO ANY INTEREST IN ANY PROFITS OR REVENUE IN ANY BUSINESS VENTURE OR COMPANY.

 

THE EARTH DOLLAR ASSOCIATION IS ESTABLISHED AND RECOGNIZED AS A SELF-REGULATING ASSOCIATION AND SHALL OPERATE AS A SELF-REGULATING ENTITY IN ACCORDANCE WITH ITS CONSTITUTION.

 

AS PART OF THE UNITED NATIONS DECLARATION OF RIGHTS OF INDIGENOUS PEOPLES (UNDRIP), NO ENTITY MAY INTERFERE WITH THE FUNCTIONING OF THE TOKENS, THE SELF-REGULATION’S OPERATIONS, STRUCTURE, FINANCIAL MATTERS, AND ITS MISSION.

 

Note: In these legal documents and all legal terms on the website, the “Earth Dollar” shall mean all the property related to the Tokens. The term “Mother Earth” is defined in the Universal Declaration of the Rights of Mother.

 

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THE UNIQUE FEATURES OF THE EARTH DOLLAR

 

Some unique features of the Earth Dollar (Community Currency) are as follows and will form the basis of the Terms and Conditions:

 

  1. Digital-fuel: The Living Economic System that will be built on the Mother Earth Network Blockchain (Software Platform) requires the Earth Dollar (“ED”) to run every computational step, computer processing and storage operation on the Mother Earth Network Blockchain (Software Platform). The Earth Dollar (Community Currency) acts as digital-fuel powers the Mother Earth Network Blockchain (Software Platform), and Smart Contracts. We will be developing the Mother Earth Network Blockchain (Software Platform) in the future to run full applications like games, instant messaging, p2p websites and more.

 

  1. The Earth Dollar (Community Currency) Mitigates Climate Change: The Earth Dollar (Community Currency) is the only Token on the market that takes direct action on climate change and through its usage, restores the ecosystems of our planet. The Earth Dollar (Community Currency) supports the Paris Agreement (French: L’accord de Paris), an unprecedented treaty adopted by 195 countries on climate change in December 2015 and entered into force on 4 November 2016. The Earth Dollar (Community Currency) although is not related to the United Nations, is expected to become one of the most important tools for the United Nations to reach its SDG ‘Goal # 13: Take urgent action to combat climate change’. The Earth Dollar (Community Currency) through its wide adoption will help countries and organizations meet the challenges of bringing climate justice and ecological restoration to our planet by 2030.

 

  1. The Earth Dollar (Community Currency): As a means of mitigating climate change and reaching the UN’s Sustainable Development Goals by the year 2030, several indigenous nations and local governments will make the Earth Dollar (Community Currency) an alternative community currency in their jurisdictional territories.

 

  1. The Earth Dollar (Community Currency) Protects and Restores Natural Capital Assets: Natural capital refers to the planet’s stocks of water, land, air, and renewable and non-renewable resources (such as plant and animal species, forests, and minerals). The collective benefits provided by the resources and processes supplied by natural capital are known as ecosystem goods and services, or simply ecosystem services. These services are imperative for survival and well-being. They are also the basis for all economic activity. Since the natural capital is tied to the value of the Earth Dollar, if people destroy the natural capital assets backing the Earth Dollar, they destroy their own wealth. The only way to increase their wealth is by people collaborating to protect Mother Earth. The new economy of the world will be based on the well-being of Mother Earth. The Earth Dollar (Community Currency) Protects and Restores Natural Capital Assets that is vital to the survival of all species on our planet.

 

  1. The Earth Dollar (Community Currency) Uses Natural Capital Accounting (NCA): The Natural Capital Accounting System is a new accounting process of calculating the Natural Capital Assets, including total value of stocks and flows of natural resources and services in a given ecosystem or region. Accounting for such goods may occur in physical or monetary terms. The Natural Capital Accounting System is supported by numerous countries and institutions to evaluate the value of nature, including calculating the value of trees, fresh water, rivers, animals, fish, and the live giving services they provide. The Natural Capital Accounting is expected to completely replace the old GAAP system by the year 2030. The Natural Capital Accounting System is already being used by organizations such as the TD Bank, the World Bank, and numerous countries. The EarthDollar Alliance are members of the “Natural Capital Coalition”, an association that sets the standards for evaluating Natural Capital Assets.

 

  1. The Earth Dollar (Community Currency) as a Spiritual Currency: The Earth Dollar (Community Currency) on a spiritual level is a living current which represents the life energy of Mother Earth, since the Earth Dollar (Community Currency) is tied to the wellness of Mother Earth. The Earth Dollar (Community Currency) empowers the spiritual values of: love, life, unity, healing, peace, compassion, collaboration, sharing and gifting. The Earth Dollar (Community Currency) frees up and unclogs the system by funding solutions for abundance, prosperity and the healing of Mother Earth. We call our system the “Living Economic System” because the flow of life energy of the Earth Dollar (Community Currency) feeds and regenerates life on our planet.

 

  1. The Earth Dollar (Community Currency) Insured Secured Accounts: The Earth Dollar (Community Currency) system is expected to provide insurance for Secured Accounts. Secured Accounts are verified accounts that act as savings accounts for Earth Dollar (Community Currency) users. We plan for the Secured Accounts to be protected by a Deposit Insurance issued to a verified Earth Dollar (Community Currency) user. The Secured Accounts and Deposit Insurance are unique features of the Earth Dollar (Community Currency) system.

 

  1. The Earth Dollar (Community Currency) Debit Cards and Credit Cards: The Earth Dollar (Community Currency) Secured Accounts is expected to be linked to prepaid credit cards and debit cards. Using your cards, we are designing the system to allow members to pay for groceries, movies, etc. Furthermore, for places that do not accept the Earth Dollar (Community Currency) directly for payment, your cards will be able to instantly convert your Earth Dollars into any of the 200 currencies (Canadian dollars, Euros, USD, Yen…etc.) worldwide at point of sale (retailers).

 

  1. The Earth Dollar (Community Currency) Uses Blockchain: A blockchain (or block chain) is a decentralized distributed database based on the bitcoin protocol that maintains a continuously growing list of data records hardened against tampering and revision, even by its operators. The initial application of block chain technology is the public ledger of transactions for bitcoin, which has been the inspiration for similar implementations often known as altchains, such as the Earth Dollar (Community Currency) blockchain. The Earth Dollar (Community Currency) blockchain uses an enhanced and modified clone of Ethereum Classic. In the future, the Earth Dollar (Community Currency) blockchain is designed to interact with other blockchains and may even merge with other blockchains, as well as sidechains.

 

  1. The Earth Dollar System Provides Ecological Footprint Mitigation (Carbon Footprint Mitigation): By using the Earth Dollar system, you are automatically reducing your negative impact on the environment, including reducing your carbon footprint (greenhouse gases – GHGs). Tied to each Earth Dollar (tokens) we expect to have a sponsorship certificate to sponsor the ecological restoration of the environment and in addition attached to each Earth Dollar (Community Currency) will be a Micro-Living-Carbon-Credit that is rewarded each time you use the Earth Dollar (tokens). This allows you to reduce your carbon footprint and to restore our planet. The more you use the Earth Dollar (tokens), the more trees we can planet, the more lands we can reforest, the more deserts we can re-green, the more lakes and rivers we can clean up, the more wildlife and marine sanctuaries we can create, and the more massive ecological restoration projects we can fund. This goes far beyond just Carbon Footprint Mitigation. We reward you with Micro-Living-Carbon-Credits base on your Earth Dollar transaction volume. By measuring the Micro-Living-Carbon-Credits collected in real-time, you can find out how well you are doing in reducing your daily ecological footprint. Mitigation is a public good; effective ecological restoration and climate change mitigation will not be achieved if each agent (individual, institution or country) acts independently in its own selfish interest. The Earth Dollar system provides a global mechanism for tracking and mitigating people’s Ecological Footprint in real-time.

 

MORE FEATURES

 

  1. Two Way Asset Backing System: The value of the Earth Dollar (Community Currency) is protected and backed by a basket of assets with intrinsic value. The majority of the assets pledge on the Earth Dollar blockchain to back the Earth Dollar (Community Currency) is called Natural Capital Assets. Some of our Natural Capital Asset includes but not limited to fresh water, trees, mineral rights, airwave rights, and hydropower rights.

 

The assets backing the Earth Dollar (Community Currency) from our World Heritage Sanctuaries give an intrinsic value to the currency; in turn the Earth Dollar (Community Currency) backs the protection and restoration of the Natural Capital Assets in our World Heritage Sanctuaries. In the event the value of the Earth Dollar (Community Currency) depreciates significantly, our automated Smart Contract system can use some of the renewable assets to recover the value of the Earth Dollar. These renewable assets can also be used to produce multiple streams of revenue, and the Surplus can be shared with existing Earth Dollar (Community Currency) stakeholders as rewards via micro-Tokens. If for example fresh water is sold, a portion of the Surplus can go back to the Earth Dollar (Community Currency) stakeholders as micro-Tokens via Smart Contracts on our blockchain reward system; these rewards are automatically redistributed to the Earth Dollar (Community Currency) users’ digital wallets by Smart Contracts. You are not holding onto a static currency, but rather a dynamic Living Currency that pays out rewards to you for healing our planet. The system is very different from Bitcoin.

 

The Earth Dollar (Community Currency) in turn backs the Natural Capital Assets under a global commons. If people destroy the forests and fresh water backing the Earth Dollar, the value of the Earth Dollar (Community Currency) can go down. If we collectively take care of the Natural Capital Assets, like forests and water backing the Earth Dollar (Community Currency) the value of the Earth Dollar (Community Currency) can go up. Earth Dollar (Community Currency) stakeholders are rewarded in various ways for protecting the Natural Capital Assets.

 

The Earth Dollar (Community Currency) goes further than that and actually restores damages ecosystems backing the Earth Dollar (Community Currency) because by improving the value of the Natural Capital Assets backing the Earth Dollar, the currency can become more valuable. Again, the Earth Dollar (Community Currency) stakeholders can be rewarded in various ways for restoring the damaged ecosystems. That is how we hope to restore our planet.

 

  1. Coinbase: The Earth Dollar (Community Currency) Coinbase is structured differently from all other blockchains; we do not mint currency out of thin air. The Earth Dollar (Community Currency) can only mint a limited number of Earth Dollar (Community Currency) units based on the value of the physical assets backing the Earth Dollar. Our goal is to have the maximum number of Earth Dollar (Community Currency) that can ever be in existence will be designed to be no more than ten percent (10%) of the value of the physical assets backing the Earth Dollar. Therefore, there will approximately 10x more physical assets with intrinsic value backing each Earth Dollar. This gives the Earth Dollar (Community Currency) tremendous stability and resilience.

 

  1. Tradability: The Smart Asset Tokens in the future will be directly convertible into some of the physical assets backing the Earth Dollar, such as Carbon Credits, and bottled water from our World Heritage Sanctuaries.

 

  1. Dynamic Reserves:  For added stability, the Mother Earth Network Blockchain (Software Platform) contains an automated dynamic “Asset Reserve” and a dynamic “Currency Reserve”. These reserves are linked to Artificial Intelligence (AI) with high-speed trading algorithms that can regulate the value of the Earth Dollar (Community Currency) on the currency exchanges to give it a stable value.

 

  1. Large User Base:  Several government organizations and communities have signed agreements to use the Earth Dollar (Community Currency) in their territories, with the potential number of users in the millions of people.

 

  1. Carbon Credit Rewards & Real-Time Measurement of Ecological Footprint: The Earth Dollar (Community Currency) will be designed for real-time measurement of Ecological Footprint Mitigation and carbon sequestering. Businesses and people are rewarded Micro-Living-Carbon-Credits based on their transaction volume using the Earth Dollar. By measuring the flow of Earth Dollar (Community Currency) through a person’s digital wallet, we can calculate in real-time how well they are doing in healing Our Mother Earth; this is done by measuring a person’s ecological footprint in real time. Businesses and governments using the Earth Dollar (Community Currency) can measure in real-time how well they are doing in fighting climate change and in meeting the United Nations SDG ‘Goal # 13: Take urgent action to combat climate change’. The Earth Dollar (Community Currency) system provides one of the most accurate mechanisms for measuring real-time carbon sequestration. Meeting the United Nations SDG ‘Goal # 13’ is now quantifiable and easy to measure.

 

  1. Running Full Applications: In the future, the Earth Dollar (Community Currency) can act as digital-fuel (“ED”) to run full applications on the Mother Earth Network Blockchain (Software Platform). We envision the Mother Earth Network Blockchain (Software Platform) will be an open sourced distributed world computer platform that is designed to be able to run games, full applications, smart contracts, apps, peer-to-peer messaging, banking and more.

 

ABOUT US

 

  1. The Earth Dollar Association: The Earth Dollar Association is established and recognized as a Self-regulating Organization (S-DAO) forming an association or confederation of people, nations and organizations and shall operate as a self-regulating entity in accordance with its constitution. The Earth Dollar Association is Swiss based and is conducting the Earth Dollar Community Currency Sale. The Earth Dollar Association facilitate transactions between members, share ideas and resolve disputes between Earth Dollar (Community Currency) users. Every member that downloads a wallet or uses the Earth Dollar (Community Currency) is automatically inscribed into the Earth Dollar Association.

 

  1. Volunteers: Socially conscious volunteers give their time, knowledge and talent to build the Mother Earth Network Blockchain (Software Platform). The Earth Dollar volunteers may receive some Earth Dollar (Community Currency) as appreciation and reward for helping build, develop and to promote the Mother Earth Network Blockchain (Software Platform).

 

  1. Relationship of Volunteers: The group of volunteers that is now, or will be contracted with, EarthDollar Alliance is called the “Earth Dollar Team” as independent contractors. The Earth Dollar Team shall continue the development and marketing of the Mother Earth Network Blockchain (Software Platform) well into the future.

 

EARTH DOLLAR TOKEN USAGE

 

  1. No solicitation: These Terms are not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This is not an investment vehicle, but just a product offering for use on the Mother Earth Network Blockchain (Software Platform).

 

  1. Digital-fuel: As further described in these Terms, the Mother Earth Network Blockchain (Software Platform) require payments of a digital-fuel token call the Earth Dollar (Community Currency) to run every computational step, computer processing and storage operation on the Mother Earth Network Blockchain (Software Platform). The Earth Dollar (Community Currency) complementary currency is the digital-fuel token.

 

  1. Why is the digital-fuel necessary? If there is no digital-fuel requirement for payment of operations, the Mother Earth Network Blockchain (Software Platform) would be vulnerable to attack; also it would not be viable, and would grind to a halt. How it works, owners of computational resources (farmers) get paid in the form of block rewards, transaction/computation fees and surplus for securing the Mother Earth Network Blockchain (Software Platform)’s network, for transmitting transactions and for processing computations required by distributed software applications.

 

  1. Limited Edition Gold and Silver ED Coin Medallions: Besides the digital-fuel token (ED), the Earth Dollar Community Currency Sale may include limited edition physical Metal Gold and Silver Earth Dollar Coin Medallions. The Metal Gold and Silver Earth Dollar Coin Medallions can be tradable into digital-fuel token (ED) based on its numeric denomination of the coin. For example if a silver Earth Dollar Medallions has a face value of 200 Earth Dollars, then it can be tradable into 200 digital-fuel token (ED) from the EarthDollar Alliance. Furthermore, a Metal Gold and Silver Earth Dollar Coin Medallions with a face value of 200 Earth Dollars has an equivalent asset backing of 200 digital-fuel token (ED); the equivalent digital asset value is stored in a digital wallet that is never used until the Metal Gold and Silver Earth Dollar Coin Medallions are redeemed, allowing the Earth Dollar (Community Currency) Coinbase ratio to be maintained.

 

  1. Digital ED: The Earth Dollar Community Currency Sale of digital Earth Dollar (Community Currency) is:
  • for organizations and individuals that are interested in using the Mother Earth Network Blockchain (Software Platform) to Mitigate Ecological Footprint Mitigation (Carbon Footprint Mitigation) and to sequester their carbon footprint in real-time. This allows citizens of our planet to fight climate change and to restore the health of our planet,

 

  • for organizations and individuals interested in using the Mother Earth Network Blockchain (Software Platform) to end global poverty in our lifetime,

 

  • for organizations and individuals interested in using the Mother Earth Network Blockchain (Software Platform) to restore damaged ecosystems,

 

  • for organizations and individuals interested in using the Mother Earth Network Blockchain (Software Platform) to help indigenous peoples to bring ecological and social justice to communities,

 

  • for organizations and individuals interested in using the Mother Earth Network Blockchain (Software Platform) to support and fund sustainable businesses,

 

  • for organizations and individuals interested in using the Mother Earth Network Blockchain (Software Platform) to support non-profit organizations,

 

  • for organizations and individuals interested in purchasing Earth Dollar (Community Currency) to build and power future computer applications, and to pay for future distributed application services on the Mother Earth Network Blockchain (Software Platform).

 

  1. Ownership: Ownership of Earth Dollar (Community Currency) is a privilege and carries no rights express or implied. The Earth Dollar (Community Currency) units have no expressed value and there is no guarantee of any expressed or implied value. Association Members should have no expectation of influence over governance of the platform.

 

UNDERSTANDINGS

 

  1. What is the Mother Earth Network Blockchain (Software Platform)? The Mother Earth Network Blockchain (Software Platform) is designed to be an open sourced distributed peer-to-peer world computer platform with a next-generation blockchain architecture that is designed to deliver a decentralized consensus-based, full-stack platform for developing, offering and using distributed application services. The Mother Earth Network Blockchain (Software Platform) is being designed to be able to run games, full applications, smart contracts, apps, peer-to-peer messaging, banking and more. The Mother Earth Network Blockchain (Software Platform) is currently a modified version of the Ethereum open source software platform (“Ethereum Platform”) with expanded capabilities, therefore all Ethereum Smart Contracts can also run on the Mother Earth Network Blockchain (Software Platform).

 

  1. What is the MotherEarthBrowser? The Mother Earth Network Blockchain (Software Platform) is expected to be a MotherEarthBrowser, which is a consumer-facing application, that integrates the front and back ends to create an environment in which developers of varying degrees of sophistication can relatively easily and relatively rapidly build secure, scalable and interoperable decentralized applications.

 

  1. Creation and Sale of Earth Dollar (Community Currency): Earth Dollar (Community Currency) will be created through three processes: (1) a minting process base on 10% of the asset value added to the asset blockchain via Smart Contracts to back the value of the Earth Dollar, at the instant the system becomes operational, that will create and place a sum of Earth Dollar (Community Currency) in the Genesis Block of the blockchain used for the Mother Earth Network Blockchain (Software Platform). This includes fulfilling the requirements for its Static Reserve, Dynamic Reserve, and any other reserves, and (2) for adding additional assets a minting process base on 10% of new asset value added to the existing asset blockchain via Smart Contracts to further back and to give more intrinsic value to the Earth Dollar, and (3) the ongoing farming process, which secures the Earth Dollar Blockchain. The Earth Dollar Community Currency Sale is directly related only to the first process.

 

  1. Distribution of Earth Dollar (Community Currency): The exact amount required by EarthDollar Alliance to fulfill all Earth Dollar Community Currency Sale commitments will come from one of the reserves for allocation to Earth Dollar Community Currency Sale to Association Members of Earth Dollar (Community Currency) (the “Earth Dollar Community Currency Sale Quantity of Earth Dollar (Community Currency)”). In addition to fulfilling the Earth Dollar Community Currency Sale Quantity of Earth Dollar (Community Currency), the reserves will also be used for the payment of the asset owners that have pledged their assets to back the Earth Dollar, for protecting the World Heritage Sanctuaries, for the World Basic Income Program, and for paying early contributors who have worked to develop the ideas, implementations, and supporting structures of the Earth Dollar. The size of the total reserves is 10% of the value of the physical assets backing the Earth Dollar.

 

  1. Growth Rate of Earth Dollar (Community Currency) Mimics Natural Law: The growth rate of the Earth Dollar (Community Currency) is dependent on three factors: (a) on the amount of new assets accepted to further back the ED, (b) also on the value of the growth in value of the existing assets, (c) dependent on the global cost of living, (d) possibly on the Earth Index, once it becomes operational, and (e) supply and demand of Earth Dollar (Community Currency) for use on the Mother Earth Network Blockchain (Software Platform).

 

  1. New Earth Dollar (Community Currency) Creation: Once the Earth Dollar Blockchain is operational, no new Earth Dollar (Community Currency) will be created out of thin air. The only way of creating more Earth Dollars is through the minting process of placing additional assets of the blockchain to further back the value of the Earth Dollar. In adding additional assets, additional Earth Dollar (Community Currency) is minted base on not less than 10% of new asset value added to the existing asset blockchain via Smart Contracts to further back and to give more intrinsic value to the Earth Dollar. Any additional Earth Dollar (Community Currency) created is automatically distributed to all the reserves in a predetermined manner.

 

  1. Changes: Although EarthDollar Alliance intends to have a low annual growth rate in adding additional assets to created new ED, for technical reasons EarthDollar Alliance may need to change the annual rate of new creation to a value that stabilizes the value of the Earth Dollar (Community Currency) on the public market by changing to the Earth Dollar (Community Currency) farming algorithm or minting process or to address other issues that may arise. There is no guarantee that this percentage will be accurate or that this rate will continue at the same level.

 

PURCHASES

 

  1. Overview of Earth Dollar Community Currency Sale: the Earth Dollar (Community Currency) is required for proper operation and usage of the Mother Earth Network Blockchain (Software Platform). The EarthDollar Alliance will produce and market a quantity of Earth Dollar (Community Currency) and also Metal Gold and Silver Earth Dollar Coin Medallions in a series of Community Currency Sale events to be conducted on its web site at https://www.earthdollar.org and via selected dealers (“the Earth Dollar Community Currency Sale “). Association Members can acquire Earth Dollar (Community Currency), Metal Gold and Silver Earth Dollar Coin Medallions in exchange for BTC and other currencies at predefined prices.

 

  1. Timing of Sale: The Earth Dollar Community Currency Sales:

See website http://earthdollar.org

 

EarthDollar Alliance reserves the right to change the dates of the Earth Dollar (Community Currency) will begin and further reserves the right to extend the sale duration for any reason, including the unavailability of the website https://www.earthdollar.org or other unforeseen security or procedural issues. EarthDollar Alliance also reserves the right to shorten the sale duration for any reason.

 

  1. Pricing and Initial Bonus: The Pricing and Initial Bonus on the Earth Dollar Community Currency Sale can be found on the website at http://earthdollar.org.

 

  1. Receipts: Association Members of Earth Dollar (Community Currency) and Medallions will receive receipts in the form of a downloaded “wallet” that will enable them to claim their purchase once the product has been developed and is ready for delivery.

 

  1. Delivery of Digital Tokens: All digital Earth Dollar (Community Currency) sold in this manner will be delivered to Association Members in the Mother Earth Network Blockchain (Software Platform)’s blockchain — on a date to be announced, although there are no guarantees that this will occur according to such a time-frame or at all. Association Members may claim their Earth Dollar (Community Currency) at any point after such time by taking control of their assigned accounts, which holds the Earth Dollar (Community Currency).

 

  1. Delivery of Metal Gold and Silver Earth Dollar Coin Medallions: The Metal Gold and Silver Earth Dollar Coin Medallions sold in this manner will be delivered to Association Members on a date to be announced depending on how much time is required to complete the sale of the Metal Gold and Silver Earth Dollar Coin Medallions and to get it into production, although there are no guarantees that this will occur according to such a time-frame due to need for the creation of metal moulds and working with different artists’ time frames. Metal Gold and Silver Earth Dollar Coin Medallions will be delivered directly to the Association Members by courier.

 

  1. Disclosure of Purchases: For disclosure and to keep a spirit of openness, EarthDollar Alliance has developed an Earth Dollar (Community Currency) purchase mechanism that enables purchases to be tracked on the blockchain. EarthDollar Alliance will make all purchases publicly visible on the Earth Dollar blockchain at a multi-signature address to be announced on the Earth Dollar Community Currency Sale website.

 

  1. Purchase of Earth Dollar (Community Currency) from the Earth Dollar Store on the EarthDollar.org Website:

 

EarthDollar Alliance will maintain a store interface, which can be used to purchase Earth Dollar (Community Currency). The store interface will be available on the Earth Dollar website (https://www.EarthDollar.org). Instructions for purchasing Earth Dollar (Community Currency) with BTC and other currencies using the store interface will be available for review on the Earth Dollar website during the duration of the Earth Dollar Community Currency Sale. Failure to follow these instructions may limit, delay, or prevent an Association Member from obtaining ED. Any questions about these instructions should be directed to helpdesk@EarthDollar.org.

 

  1. Obligation to Determine if Association Member Can Purchase Earth Dollar (Community Currency) in Association Member’s Jurisdiction: The Earth Dollar Community Currency Sale constitutes the sale of a legal software product under Gibraltar law. It is the responsibility of each potential Association Member of Earth Dollar (Community Currency) to determine if the Association Member can legally purchase Earth Dollar (Community Currency) in the Association Member’s jurisdiction.

 

  1. Acceptance of Terms and Conditions of the Earth Dollar Community Currency Sale: As a first step in the purchase process, EarthDollar Alliance will present the Association Member with these Terms, and associated Agreements, along with a checkbox. By clicking the checkbox, the Association Member:

 

  • consents and agrees to the Terms and the Earth Dollar (Community Currency) Product Purchase Agreement;

 

  • represents and warrants that the Association Member is legally permitted to purchase Earth Dollar (Community Currency) in the Association Member’s jurisdiction and is legally permitted to receive products of Gibraltar origin;

 

  • represents and warrants that the Association Member is of a sufficient age to legally purchase Earth Dollar (Community Currency) or has received permission from a legal guardian who has reviewed and agreed to these Terms;

 

  • represents and warrants that the Association Member will take sole responsibility for any restrictions and risks associated with the purchase of Earth Dollar (Community Currency) as set forth below;

 

  • represents and warrants that Association Member is not exchanging bitcoin (BTC) or any other currency for Earth Dollar (Community Currency) for the purpose of speculative investment;

 

  • represents and warrants that the Association Member is acquiring Earth Dollar (Community Currency) for the use of decentralized application services or the purchase of tokens specific to forthcoming decentralized applications on the Mother Earth Network Blockchain (Software Platform), or to facilitate development, testing, deployment and operation of decentralized applications on the Mother Earth Network Blockchain (Software Platform); and

 

  • represents and warrants that the Association Member has an understanding of the usage and intricacies of Tokens, like BTC, Earth Dollar (Community Currency) and blockchain-based software systems.

 

  1. Independent Confirmation of Purchases: During the purchase process on the https://www.EarthDollar.org website, EarthDollar Alliance will provide Association Members with a unique intermediary account address. Using this address, Association Members can track and confirm that the Association Member’s BTC or other form of payment has been received at that address and has been subsequently and automatically sent to the genesis address. Additionally, EarthDollar Alliance will lodge a small coded transaction into the account to serve as an additional purchase confirmation. Knowledge of the unique intermediary account address does not constitute a purchase receipt or indicate in any way that any party possessing such knowledge has rights to or ownership of the purchased Earth Dollar (Community Currency).

 

  1. Association Member’s Loss of the Purchase Password Will Cause the Loss of the Purchased ED: As part of the purchase process, and in order to purchase Earth Dollar (Community Currency), the Association Member will need to provide a password (the “Purchase Password”). The Purchase Password will be used to load the unique address and private key to the Association Member’s Earth Dollar account (which will store the purchased Earth Dollar (Community Currency) into a wallet in the MotherEarthBrowser when the system is operational.

 

  1. Password Storage: Association Member must keep the Purchase Password safe and not share it in any way or with anybody. The Purchase Password is essential for accessing the Earth Dollar (Community Currency). Association Member’s loss of the Purchase Password will cause the loss of the purchased Earth Dollar (Community Currency). Unauthorized access by any party to an Association Member’s Purchase Password along with access to the downloaded wallet will enable that unauthorized party to access the purchased Earth Dollar (Community Currency) and the Earth Dollar (Community Currency) will be lost.

 

  1. Responsibility: By purchasing Earth Dollar (Community Currency), and to the extent permitted by applicable law, the Association Member agrees not to hold any of the EarthDollar Alliance liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Association Member’s failure to properly secure and keep private the Purchase Password.

 

  1. Receipt of Earth Dollar (Community Currency) and the Purchase Email: As part of the purchase process, and in order to purchase Earth Dollar (Community Currency), a Association Member will need to provide an email address (the “Purchase Email”). The Purchase Email will be used to email the Association Member a wallet file containing a unique address and private key to the Association Member’s Earth Dollar account, which will store the purchased Earth Dollar (Community Currency).

 

  1. Wallet by Email: Upon receipt of a Purchase Email, the Association Member agrees to save the Earth Dollar wallet file to their computer’s file system (an example of a saved wallet is shown below), store the applicable wallet file and backup copies of the wallet in a secure location on that computer as well as on some other device, and then delete the Purchase Email from the Association Member’s email system.

 

  1. Liability Notice: By purchasing Earth Dollar (Community Currency), and to the extent permitted by applicable law, the Association Member agrees not to hold any of the EarthDollar Alliance liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Association Member’s failure to properly secure the Earth Dollar wallet file or delete the Purchase Email.

 

  1. Association Member’s Loss of the Purchase Wallet Will Cause the Loss of the Purchased Earth Dollar (Community Currency): As part of the purchase process, the Association Member will need to receive and store a Purchase Wallet. The Association Member must download the Purchase Wallet in the web browser during the purchase process and/or download or extract the wallet from the Purchase Email. The Purchase Wallet will be used to load the unique address and private key to the Association Member’s Earth Dollar (Community Currency) (which will store the purchased Earth Dollar (Community Currency) into a digital wallet when the system is operational.

 

  1. Sharing Notice: Association Member must keep the Purchase Wallet safe and not share it in any way or with anybody. Association Member must make copies of the Purchase Wallet and securely store backup copies of the Purchase wallet in multiple locations. The Purchase Wallet is essential for accessing the Association Member’s Earth Dollar (Community Currency). Association Member’s loss of the Purchase Wallet will cause the loss of the purchased Earth Dollar (Community Currency). Unauthorized access by any party to an Association Member’s Purchase Wallet along with access to the Purchase Password will enable that unauthorized party to access the purchased Earth Dollar (Community Currency) and the Earth Dollar (Community Currency) will be lost.

 

  1. Storage Notice: By purchasing Earth Dollar (Community Currency), and to the extent permitted by applicable law, the Association Member agrees not to hold any of the EarthDollar Alliance liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Association Member’s failure to properly store, secure and keep private the Purchase Wallet.

 

  1. Earth Dollar (Community Currency) Will Only Be Available For Sale on the Earth Dollar Website: EarthDollar Alliance will only sell Earth Dollar (Community Currency) through the Earth Dollar Website, available at https://www.EarthDollar.org. To the extent that any third-party website or service offers Earth Dollar (Community Currency) for sale during the Earth Dollar Community Currency Sale or facilitates the sale or transfer of Earth Dollar (Community Currency) in any way during the Earth Dollar Community Currency Sale or at any time up to the release of the Genesis Block, such third-party websites or services are not sanctioned by EarthDollar Alliance or its parents and affiliates and have no relationship in any way with the EarthDollar Alliance. As a result, EarthDollar Alliance prohibits the use of these third-party websites or services for the purchase of Earth Dollar (Community Currency) prior to the end of the Earth Dollar Community Currency Sale.

 

  1. URL: Association Members should take great care that the site used to purchase Earth Dollar (Community Currency) has the following universal resource locator (“URL”). Please ensure that the URL of your web browser indicates that it is using a hypertext transport protocol secure connection (“https”) and that the domain name is correct.

 

The only official and authorized Earth Dollar Community Currency Sale website URL is https://www.EarthDollar.org

 

  1. Purchase Liability: By purchasing Earth Dollar (Community Currency), and to the extent permitted by applicable law, the Association Member agrees not hold any of the EarthDollar Alliance liable for losses incurred by any person, entity, corporation, or group individuals or groups who uses a third party service to purchase Earth Dollar (Community Currency).

 

  1. Limitations on the Purchase of Earth Dollar (Community Currency): In the interest of fairness and inclusiveness, EarthDollar Alliance will apply certain limitations on the sale of Earth Dollar (Community Currency). In order to give as many interested parties as possible the opportunity to purchase Earth Dollar (Community Currency) in the Earth Dollar Community Currency Sale. The EarthDollar Alliance may restrict any single entity, person, corporation, or group from controlling more than 5% of the total Earth Dollar (Community Currency) sold by the end of the Earth Dollar Community Currency Sale. The purpose of this limitation is to ensure broad, global participation in the Earth Dollar Community Currency Sale.

 

  1. Large Sales: Any individual, group, corporation, company, entity, or groups of legally connected entities (e.g., multiple entities with the same owner, or multiple entities in which one owns one or more of the others, or multiple entities who have entered into a joint venture) wishing to purchase more than 5,000,000 Earth Dollar (Community Currency) must contact EarthDollar Alliance directly at tokens@EarthDollar.org to clear the purchase. When using the Earth Dollar Community Currency Sale web site for purchasing Earth Dollar (Community Currency), each Association Member agrees that, to the best of the Association Member’s knowledge, and after all necessary inquiries, the Association Member will not cause any entity, person, group, company, corporation, or group of associated entities to control more than 5%.

 

  1. Fraudulent Attempts to Double Spend BTC and other currencies: EarthDollar Alliance will monitor all potential transactions for fraudulent attempts to double spend BTC and other currencies. Any detected double spend of BTC and other currencies will result in no Earth Dollar (Community Currency) being generated in the Genesis Block for the associated wallet address.

 

  1. Private Sales: EarthDollar Alliance reserves the right to conduct private sales before and after the public Earth Dollar Community Currency Sales, in order to pay for marketing, legal, administrative and promotional cost in conducting the Earth Dollar Community Currency Sales.

 

  1. Taxation of Earth Dollar (Community Currency): EarthDollar Alliance makes no representations concerning the tax implications of the sale of Earth Dollar (Community Currency) or the possession or use of Earth Dollar (Community Currency). The Association Member bears the sole responsibility to determine if the purchase of Earth Dollar (Community Currency) with BTC and other currencies or the potential appreciation or depreciation in the value of Earth Dollar (Community Currency) over time has tax implications for the Association Member in the Association Member’s home jurisdiction.

 

In purchasing Earth Dollar (Community Currency), and to the extent permitted by law, the Association Member agrees not hold any of the EarthDollar Alliance liable for any tax liability associated with or arising from the purchase of Earth Dollar (Community Currency).

 

RISKS

 

  1. WARNING: DO NOT PURCHASE EARTH DOLLAR (COMMUNITY CURRENCY) IF YOU ARE NOT AN EXPERT IN DEALING WITH TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. THE PURCHASE OF EARTH DOLLAR (COMMUNITY CURRENCY) HAS A NUMBER OF RISKS

 

  1. Risks: Organizations, individuals, and businesses should carefully weigh the risks, costs, and benefits of acquiring the digital-fuel call the Earth Dollar token early in the Earth Dollar Community Currency Sale versus waiting to purchase Earth Dollar (Community Currency) on open, third-party exchanges once the system is operational and when they or their businesses actually require the Earth Dollar (Community Currency) to operate.

 

  1. Expertise: Purchases of Earth Dollar (Community Currency), the Mother Earth Network Blockchain (Software Platform)’s digital-fuel, should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of Tokens, like bitcoin (BTC), and blockchain-based software systems. By buying Earth Dollar (Community Currency) you acknowledge that you are an expert in Tokens. If you do not have such experience or expertise, then you should not purchase Earth Dollar (Community Currency) or participate in the Earth Dollar Community Currency Sale. By participating in the Earth Dollar Community Currency Sale you acknowledge that you are an expert in Tokens and blockchain-based software.

 

  1. Storage: While the Earth Dollar Team will provide general guidelines for user usage and storage of Earth Dollar (Community Currency) before the Mother Earth Network Blockchain (Software Platform) becomes operational, Association Members should have functional understanding of storage and transmission mechanisms associated with other Tokens. While the Earth Dollar Team will be available to assist Association Members of Earth Dollar (Community Currency) during and after the sale, EarthDollar Alliance will not be responsible for lost BTC or Earth Dollar (Community Currency) or any other currencies or digital tokens or Metal Gold and Silver Earth Dollar Coins resulting from actions taken by, or omitted by Association Members. Note, in particular, that Earth Dollar (Community Currency) Association Members should take great care to write down their wallet password and not lose it so as to be sure that they will be able to access their Earth Dollar (Community Currency) when it becomes available after the Earth Dollar Community Currency Sale. We note that wallet password is non-recoverable and therefore extra precaution need to be taken to write down the password and to keep it in a safe place.

 

  1. Pricing Stability: The Earth Dollar (Community Currency) has two major mechanisms that theoretically stabilize the Earth Dollar (Community Currency), however there is no guarantee that there will not be any volatility in pricing. (a) The first mechanism is the assets backing each Earth Dollar (Community Currency) will have a steady value and, (b) the Mother Earth Network Blockchain (Software Platform) has a built in Automated Earth Dollar Dynamic Reserve that theoretically stabilizes the Earth Dollar (Community Currency), however there is no guarantee that there will not be any volatility in pricing. WARNING: TOKENS OF VALUE MAY EXPERIENCE EXTREME VOLATILITY IN PRICING

 

  1. Pricing Volatility: Any Tokens that possess value in public markets, such as BTC, have demonstrated extreme fluctuations in price over short periods of time on a regular basis. An Association Member of Earth Dollar (Community Currency) should be prepared to expect similar fluctuations, both down and up, in the price of Earth Dollar (Community Currency) denominated in BTC or United States dollars (“USD”) or other fiat money of other jurisdictions. Such fluctuations are due to market forces and represent changes in the balance of supply and demand. EarthDollar Alliance cannot and does not guarantee market liquidity for Earth Dollar (Community Currency) and therefore there may be periods of time in which Earth Dollar (Community Currency) is difficult to buy or sell. Additionally, due to different regulatory dictates in different jurisdictions and the inability of citizens of certain countries to open accounts at exchanges located anywhere in the world, the liquidity of Earth Dollar (Community Currency) may be markedly different in different countries and this would likely be reflected in significant price discrepancies.

 

  1. You Understand Pricing Volatility: By you purchasing Earth Dollar (Community Currency), you expressly acknowledge and represent that you fully understand that Earth Dollar (Community Currency) may experience volatility in pricing and will not seek to hold any and of the EarthDollar Alliance liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to the sale of Earth Dollar (Community Currency). Your further fully indemnify EarthDollar Alliance from any liability for any losses or any special, incidental, or consequential damages arising from, or in any way connected to the sale of Earth Dollar (Community Currency).

 

  1. Consultation: The purchase of Earth Dollar (Community Currency) carries with it a number of risks. Prior to purchasing Earth Dollar (Community Currency), you should carefully consider the risks listed below and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following risks are unacceptable to you, you should not purchase Earth Dollar (Community Currency). By purchasing Earth Dollar (Community Currency), and to the extent permitted by law, you are agreeing not to hold any of the EarthDollar Alliance liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of Earth Dollar (Community Currency), including losses associated with the risks set forth below. Your further fully indemnify EarthDollar Alliance from any liability for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of Earth Dollar (Community Currency), including losses associated with the risks set forth below.

 

  1. Certain Risks Associated with the Purchase of Earth Dollar: The purchase of Earth Dollar (Community Currency) carries with it significant risk. Prior to purchasing Earth Dollar (Community Currency), the Association Member should carefully consider the below risks and, to the extent necessary, consult a lawyer, accountant, and/or tax professionals prior to determining whether to purchase Earth Dollar (Community Currency).

 

    1. Risk of Dissolution of The Earth Dollar Project Due To a Diminishment in the Value of the BTC and Other Currencies Sale Revenue: All Association Members are paying BTC and other currencies to purchase Earth Dollar (Community Currency). It is possible that the value of BTC and other currencies will drop significantly in the future, depriving EarthDollar Alliance of sufficient resources to continue to operate. In order to guard against this risk, EarthDollar Alliance intends to periodically convert proceeds from the sale of Earth Dollar (Community Currency) into fiat currencies and other liquid assets instead of BTC.

 

    1. Risk of Losing Access to Earth Dollar (Community Currency) Due to Loss of a Wallet File or Password: As noted above, Earth Dollar (Community Currency) will be stored in a wallet, which can only be accessed with a password selected by the Association Member. If an Association Member of Earth Dollar (Community Currency) does not maintain an accurate record of the Association Member’s password or losses the wallet file sent by EarthDollar Alliance in the Purchase Email, this will lead to the loss of Earth Dollar (Community Currency).

 

As a result, Association Members must safely store their password and the wallet file sent in the Purchase Email each in one or more backup locations that are well separated from the primary location. Additionally the password and the wallet should never be stored together.

 

In order to access one’s Earth Dollar (Community Currency), both the wallet file provided by the sale application and the password that the Association Member entered are required; loss of either, or leakage/theft of both, will lead to the loss of a Association Member’s Earth Dollar (Community Currency).

 

    1. Risk of Unauthorized Access to a Downloaded Wallet: Any third party that gains access to the Association Member’s Purchase Email will be able to download the wallet file and potentially access the wallet by deciphering or cracking the Association Member’s password. To guard against any improper access to the wallet, the Association Member should: (i) select a highly secure Purchase Password for the Association Member’s Earth Dollar (Community Currency) wallet; and (ii) promptly delete the Purchase Email shortly after receipt, as expressly required by these Terms.

 

Association Member must take care not to respond to any inquiry regarding their purchase of Earth Dollar (Community Currency), including but not limited to, email requests purportedly coming from the EarthDollar.org or similar looking domain.

 

    1. Risk of Regulatory Action in One or More Jurisdictions: Cryptocurrencies have been the subject of regulatory scrutiny by various regulatory bodies around the globe. The Mother Earth Network Blockchain (Software Platform) and Earth Dollar (Community Currency) could be impacted by one or more regulatory inquiries or regulatory action, which could impede or limit the ability of EarthDollar Alliance to continue to develop the Mother Earth Network Blockchain (Software Platform).

 

    1. Risk of Alternative, Unofficial Earth Dollar Networks: Following the Earth Dollar Community Currency Sale, and the development of the initial version of the Earth Dollar Protocol and User Clients (i.e., version 1.0), it is possible that alternative unofficial Earth Dollar based networks could be established, which utilize the same open source code and open source protocol underlying the Mother Earth Network Blockchain (Software Platform). The official Earth Dollar network may compete with these alternatives, unofficial Earth Dollar based networks, which could potentially negatively impact the Mother Earth Network Blockchain (Software Platform) and Earth Dollar (Community Currency). EarthDollar Alliance may gain a competitive advantage being the party that developed the Mother Earth Network Blockchain (Software Platform), but such advantages are far from absolute.

 

    1. Risk of Insufficient Interest in the Mother Earth Network Blockchain (Software Platform) or Distributed Applications: It is possible that the Mother Earth Network Blockchain (Software Platform) will not be used by a large number of external businesses, individuals, and other organizations and that there will be limited public interest in the creation and development of distributed applications. Such a lack of interest could impact the development of the Mother Earth Network Blockchain (Software Platform) and potential uses of Earth Dollar (Community Currency). EarthDollar Alliance has contracted with developers to help build the Mother Earth Network Blockchain (Software Platform) and is working with other third-party developers around the world to create an interest in the Mother Earth Network Blockchain (Software Platform). However, it cannot predict the success of its own development efforts or the efforts of other third parties.

 

    1. Risk Associated With the Development of Other Platforms For Decentralized Applications: EarthDollar Alliance is one of several organizations, companies, and groups, attempting to build a platform which would facilitate the creation and deployment of decentralized applications. It is possible that different technical paradigms than the ones being used in the current the Mother Earth Network Blockchain (Software Platform) implementation are optimal. While EarthDollar Alliance anticipates being a leader in the development of this technology, competition from these alternative platforms for decentralized applications may impact success of the Earth Dollar Project and the ability of EarthDollar Alliance to operate and sell Earth Dollar (Community Currency) in the future.

 

    1. Risk that the Mother Earth Network Blockchain (Software Platform), As Developed, Will Not Meet the Expectations of Association Member: The Association Member recognizes that the Mother Earth Network Blockchain (Software Platform) is presently under development and may undergo significant changes before release. Association Member acknowledges that any expectations regarding the form and functionality of the Mother Earth Network Blockchain (Software Platform) held by the Association Member may not be met upon release of the Mother Earth Network Blockchain (Software Platform), for any number of reasons including a change in the design and implementation plans and execution of the implementation of the Mother Earth Network Blockchain (Software Platform).

 

    1. Risk that the Mother Earth Network Blockchain (Software Platform) May Never be Completed or Released: Association Member understands, that while the Earth Dollar Team will make reasonable efforts to complete the Earth Dollar software, it is possible that an official completed version of the Mother Earth Network Blockchain (Software Platform) may not be released and there may never be an operational the Mother Earth Network Blockchain (Software Platform).

 

    1. Risk of Theft: Hackers or other groups or organizations may attempt to steal the BTC and other currencies revenue from the Earth Dollar Community Currency Sale, thus potentially impacting the ability of EarthDollar Alliance to develop the Mother Earth Network Blockchain (Software Platform) and operate EarthDollar Alliance. To account for this risk, EarthDollar Alliance has and will continue to implement comprehensive security precautions to safeguard the BTC and other currencies obtained from the sale of Earth Dollar (Community Currency). Multi-factor security measures will be taken to protect BTC, other currencies and Earth Dollar (Community Currency) including physical elements, digital security, splitting of funds, hot/cold wallet partitioning and diversification. Moreover, regular security audits of hot and cold wallets will be conducted by internal and external teams.

 

    1. Security Weaknesses in the Mother Earth Network Blockchain (Software Platform) Core Infrastructure Software: The Mother Earth Network Blockchain (Software Platform) rests on open-source software, and there is a risk that the Earth Dollar Team, or other third parties not directly affiliated with the EarthDollar Alliance, may introduce weaknesses or bugs into the core infrastructural elements of the Mother Earth Network Blockchain (Software Platform) causing the system to lose Earth Dollar (Community Currency) stored in one or more Association Member accounts or other accounts or lose sums of other valued tokens issued on the Mother Earth Network Blockchain (Software Platform). EarthDollar Alliance has taken steps to build, maintain, and secure the infrastructure of the Mother Earth Network Blockchain (Software Platform), and will continue to do so after the Earth Dollar Community Currency Sale. For example, EarthDollar Alliance intends to hire external consultants on a periodic basis to assess and audit the security of the Mother Earth Network Blockchain (Software Platform) and will work with cryptography and security experts to develop and employ best practices to audit the Platform.

 

    1. Risk of Weaknesses or Exploitable Breakthroughs in the Field of Cryptography: Cryptography is an art, not a science. And the state of the art can advance over time Advances in code cracking, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the Mother Earth Network Blockchain (Software Platform), which could result in theft or loss of Earth Dollar (Community Currency). To the extent possible, EarthDollar Alliance intends to update the protocol underlying the Mother Earth Network Blockchain (Software Platform) to account for any advances in cryptography and to incorporate additional security measures, but cannot it cannot predict the future of cryptography or the success of any future security updates.

 

    1. Risk of Earth Dollar (Community Currency) Farming Attacks: As with other cryptocurrencies, the blockchain used for the Mother Earth Network Blockchain (Software Platform) is susceptible to farming attacks, including but not limited to double-spend attacks, majority farming power attacks, “selfish-farming” attacks, and race condition attacks. Any successful attacks present a risk to the Mother Earth Network Blockchain (Software Platform), expected proper execution and sequencing of Earth Dollar (Community Currency) transactions, and expected proper execution and sequencing of contract computations. EarthDollar Alliance intends to limit the risk of farming attacks by creating a blockchain proof- of-work security algorithm using a unique implementation of a GHOST-like protocol and possibly an implementation of hybrid proof-of-stake that could reduce the risk of farming attacks. Despite the efforts of the Earth Dollar Team, known or novel farming attacks may be successful.

 

    1. Risk of Rapid Adoption and Increased Demand for Earth Dollar (Community Currency): If the Mother Earth Network Blockchain (Software Platform) is rapidly adopted, the demand for Earth Dollar (Community Currency) could rise dramatically and at a pace that exceeds the rate with which Earth Dollar (Community Currency) farmers can create new Earth Dollar (Community Currency). Under such a scenario, the entire the Mother Earth Network Blockchain (Software Platform) could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Earth Dollar Project and Earth Dollar (Community Currency). Instability in the demand for Earth Dollar (Community Currency) leading to oscillations and instability in the price of Earth Dollar (Community Currency) as denominated in currencies that Earth Dollar based businesses use to pay operating costs could result in Earth Dollar based businesses being unable to continue to operate economically. This would represent losses to businesses or worst case, cause business to cease operations.

 

    1. Risk of Rapid Adoption and Insufficiency of Computational Application Processing Power on the Earth Dollar Network: If the Mother Earth Network Blockchain (Software Platform) is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which Earth Dollar (Community Currency) farmers can bring online additional farming power. Under such a scenario, the entire the Mother Earth Network Blockchain (Software Platform) could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Earth Dollar Project and ED. Insufficiency of computational resources and an associated rise in the price of Earth Dollar (Community Currency) could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.

 

MISC

 

  1. Privacy: Although EarthDollar Alliance requires that Association Members provide an email address; EarthDollar Alliance will not publish any identifying information related to an Earth Dollar (Community Currency) purchase, without the prior written consent of the Association Member. Association Members may be contacted by email by EarthDollar Alliance regarding a purchase. Such emails will be informational only. EarthDollar Alliance will not request any information from Association Members in an email.

 

  1. Indemnification: As set forth further below, you further represent and warrant that, to the extent permitted by law, you are authorized to purchase Earth Dollar (Community Currency) in your relevant jurisdiction, are of a legal age to be bound by these Terms, and will not hold and further indemnify the EarthDollar Alliance, including but not limited to the Earth Dollar Association, its parent, affiliates and allies, and the officers, directors, agents, joint ventures, employees and suppliers of the EarthDollar Alliance or our parent or affiliates, now or in the future and any other member of the Earth Dollar Team liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to the sale or use of Earth Dollar (Community Currency).

 

  1. Disclaimer of Warranties: THE ASSOCIATION MEMBER EXPRESSLY AGREES THAT THE ASSOCIATION MEMBER IS PURCHASING EARTH DOLLAR (COMMUNITY CURRENCY) AT THE ASSOCIATION MEMBER’S SOLE RISK AND THAT EARTH DOLLAR (COMMUNITY CURRENCY) IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED).

 

WITHOUT LIMITING THE FOREGOING, NONE OF THE EARTHDOLLAR ALLIANCE WARRANTS THAT THE PROCESS FOR PURCHASING EARTH DOLLAR (COMMUNITY CURRENCY) WILL BE UNINTERRUPTED OR ERROR-FREE.

 

  1. Limitations Waiver of Liability: THE ASSOCIATION MEMBER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO USE OF, OR INABILITY TO USE, EARTH DOLLAR (COMMUNITY CURRENCY) OR THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NONE OF THE EARTHDOLLAR ALLIANCE SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, EARTH DOLLAR (COMMUNITY CURRENCY).

 

THE ASSOCIATION MEMBER FURTHER SPECIFICALLY ACKNOWLEDGES THAT EARTHDOLLAR ALLIANCE PARTIES ARE NOT LIABLE, AND THE ASSOCIATION MEMBER AGREES NOT TO SEEK TO HOLD ANY OF THE EARTHDOLLAR ALLIANCE PARTIES LIABLE, FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER ASSOCIATION MEMBERS OF EARTH DOLLAR (COMMUNITY CURRENCY), AND THAT THE RISK OF PURCHASING AND USING EARTH DOLLAR (COMMUNITY CURRENCY) RESTS ENTIRELY WITH THE ASSOCIATION MEMBER.

 

TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL ANY OF THE EARTHDOLLAR ALLIANCE PARTIES BE LIABLE TO ANY ASSOCIATION MEMBER FOR MORE THAN THE AMOUNT THE ASSOCIATION MEMBER HAVE PAID TO EARTHDOLLAR ALLIANCE FOR THE PURCHASE OF EARTH DOLLAR (COMMUNITY CURRENCY).

 

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO AN ASSOCIATION MEMBER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY ASSOCIATION MEMBER OR EXCLUDE INJURY ARISING FROM ANY WILLFUL MISCONDUCT OR FRAUD OF EARTHDOLLAR ALLIANCE.

 

  1. Slander and defamation. You agree not to engage in any defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, negative comment, or inaccuracy against the EarthDollar Alliance, our associates, the Copyright Holder, our affiliates, and our directors, officers, employees, contractor, and our agents. You agree to assume full responsibility and liability for such actions, including facing prosecution and fines. You agree to immediately pay the $50,000 EARTH DOLLAR Contractual Breach Fee per claim to each of the EarthDollar Alliance and/or the Copyright Holder and/or our associates and/or our affiliates, and/or our directors, officers and/or employees and/or shareholders and/or contractors and/or our agents to help with the costs of any claims and/ or by a third party; furthermore, you agree and guarantee full payment of all: loss, liabilities, claims, expenses, damages, and costs, including attorneys’ fee of any nature whatsoever. You further agree to indemnify, defend and hold harmless the EarthDollar Alliance, our associates or others, the Copyright Holder, our affiliates, and our directors, officers, employees, contractor, and our agents from and against any and all claims of any nature whatsoever.

 

  1. Jurisdiction. The EDA Constitution shall supersede all other laws, domestic and international. These Terms shall be construed by and governed in accordance with the self-regulating laws of the Earth Dollar Association and each party irrevocably agrees to the jurisdiction of the arbitrators of the Earth Tribunal. The Earth Dollar Association may direct certain cases to the courts of Gibraltar if the Earth Tribunal is unable to make ruling on the case.

 

  1. Disputes Resolution by Binding Arbitration. Jury Trial Waiver; Class Action Waiver; Limitation of Time. For any and all controversies, disputes, demands, claims, or causes of action between you and us (including the interpretation and scope of this Section and the arbitrability of the controversy, dispute, demand, claim, or cause of action) relating to Earth Dollar (Community Currency) or this Agreement or EarthDollar Alliance’s sale of Earth Dollar (Community Currency) or use of the Mother Earth Network (Software Platform) (as well as any related or prior agreement that you may have had with us), you and we agree to resolve any such controversy, dispute, demand, claim, or cause of action exclusively through binding and confidential arbitration at the Earth Tribunal, settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with said Rules. All claims between the parties relating to these terms that are capable of being resolved by arbitration, whether sounding in contract, tort, or otherwise, shall be submitted to the Earth Tribunal using the rules of the ICC arbitration.

 

Prior to commencing arbitration, the parties have a duty to negotiate in good faith and attempt to resolve their dispute in a manner other than by submission to the Earth Tribunal using the rules ICC arbitration.

 

The arbitration panel shall consist of one arbitrator only, unless the Earth Tribunal determines that the dispute is such as to warrant three arbitrators. If the Earth Tribunal determines that one arbitrator is sufficient, then such arbitrator shall be selected from the Earth Tribunal in Gibraltar. If the Earth Tribunal is not available, then such arbitrator shall be selected from the Gibraltar Arbitration Association. If the Earth Tribunal determines that three arbitrators are necessary, then each party shall have 30 days to nominate an arbitrator of its choice — in the case of the Claimant, measured from receipt of notification of the Earth Tribunal’s decision to have three arbitrators; in the case of Respondent, measured from receipt of notification of Claimant’s nomination. All nominations must be from Gibraltar. If a party fails to nominate an arbitrator, the Earth Tribunal will do so. The Earth Tribunal shall also appoint the chairman.

 

All arbitrators shall be and remain “independent” of the parties involved in the arbitration. The place of arbitration shall be fixed by the Earth Tribunal, but the arbitrate tribunal may conduct hearings, meetings, and deliberations at any location it considers appropriate. The language of the arbitration shall be English. In deciding the merits of the dispute, the tribunal shall apply the laws the Earth Tribunal in Gibraltar and any discovery shall be limited and shall not involve any depositions or any other examinations outside of a formal hearing. The tribunal shall not assume the powers of amiable compositeur or decide the case ex aqueqo et bono.

 

In the final award, the tribunal shall fix the costs of the arbitration and decide which of the parties shall bear such costs in what proportion. Every award shall be binding on the parties. The parties undertake to carry out the award without delay and waive their right to any form of recourse against the award in so far as such waiver can validly be made.

 

You should review this provision carefully. To the extent permitted by applicable law, you are GIVING UP YOUR RIGHT TO GO TO COURT to assert or defend your rights. Additionally, notwithstanding this agreement to arbitrate, claims of defamation, and infringement or misappropriation of the other party’s patent, copyright, trademark, or trade secret shall not be subject to this arbitration agreement. Such claims shall be exclusively brought in the courts located in the Earth Tribunal in Gibraltar. Additionally, notwithstanding this agreement to arbitrate, you or we may seek emergency equitable relief before the courts of the Earth Tribunal located in Gibraltar in order to maintain the status quo pending arbitration and hereby agree to submit to the exclusive personal jurisdiction of the courts of the Earth Tribunal located within Gibraltar for such purpose. If the Earth Tribunal is not available, then the courts of Gibraltar shall be used for such purpose. A request for interim measures shall not be deemed a waiver of the right to arbitrate.

 

Your rights will be determined by a NEUTRAL ARBITRATOR and NOT a judge or jury. You are entitled to a FAIR HEARING, BUT the arbitration procedures may be SIMPLER AND MORE LIMITED THAN RULES APPLICABLE IN COURT. Arbitrators’ decisions are as enforceable as any court order and are subject to VERY LIMITED REVIEW BY THE EARTH TRIBUNAL.

 

You and we must abide by the following rules: (a) ANY CLAIMS BROUGHT BY YOU OR US MUST BE BROUGHT IN THE PARTY’S INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING; (b) THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING, AND MAY NOT AWARD CLASS-WIDE RELIEF; (c) in the event that you are able to demonstrate that the costs of arbitration will be prohibitive as compared to the costs of litigation, we will pay as much of your filing and hearing fees in connection with the arbitration as the arbitrator deems necessary to prevent the arbitration from being cost-prohibitive as compared to the cost of litigation, (d) we also reserve the right, in our sole and exclusive discretion, to assume responsibility for any or all of the costs of the arbitration; (e) the arbitrator will honour claims of privilege and privacy recognized at law; (f) the arbitration will be confidential, and neither you nor we may disclose the existence, content, or results of any arbitration, except as may be required by applicable law or for purposes of enforcement of the arbitration award; (g) subject to the limitation of liability provisions of these terms, the arbitrator may award any individual relief or individual remedies that are expressly permitted by applicable law; and (h) you and we will pay our respective attorneys’ fees and expenses, unless there is a statutory provision that requires the prevailing party to be paid its fees and litigation expenses and the arbitrator awards such attorneys’ fees and expenses to the prevailing party, and, in such instance, the fees and costs awarded will be determined by the applicable law.

 

This Section will survive termination of your account and this Agreement as well as any voluntary payment of any debt in full by you or any bankruptcy by you or us. With the exception of subparts (a) and (b) above of this Section (prohibiting arbitration on a class or collective basis), if any part of this arbitration provision is deemed to be invalid, unenforceable, or illegal, or otherwise conflicts with the Rules and Procedures, then the balance of this arbitration provision will remain in effect and will be construed in accordance with its terms as if the invalid, unenforceable, illegal or conflicting part was not contained herein. If, however, either subpart (a) or (b) above of this Section is found to be invalid, unenforceable, or illegal, then the entirety of this arbitration provision will be null and void, and neither you nor we will be entitled to arbitration. If for any reason a claim proceeds in court rather than in arbitration, the dispute shall be exclusively brought in courts of the Earth Tribunal located in Gibraltar and if the Earth Tribunal is not available, then the courts of Gibraltar.

 

YOU AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS MUST BE FILED WITHIN ONE (1) YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION AROSE OR IT WILL BE FOREVER BARRED.

 

  1. Force Majeure: EarthDollar Alliance is not liable for failure to perform solely caused by: unavoidable casualty, delays in delivery of materials, embargoes, government orders, acts of civil or military authorities, acts by common carriers, emergency conditions (including weather conditions) incompatible with safety or good quality workmanship, or any similar unforeseen event that renders performance commercially implausible.

 

If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the Agreement, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.

 

  1. Complete Agreement: These Terms along with the Earth Dollar (Community Currency) Product Purchase Agreement sets forth the entire understanding between each Association Member and EarthDollar Alliance with respect to the purchase and sale of Earth Dollar (Community Currency). For facts relating to the sale and purchase, the Association Member agrees to rely only on these two Agreements in determining purchase decisions and understands that these Agreements govern the sale of Earth Dollar (Community Currency) and supersede any public statements about the Earth Dollar Community Currency Sale made by third parties or by Earth Dollar (Community Currency) Team or individuals associated with any EarthDollar Alliance, past and present and during the Earth Dollar Community Currency Sale.

 

  1. Severability: The Association Member and EarthDollar Alliance agree that if any portion of these Terms or the Earth Dollar (Community Currency) Product Purchase Agreement is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

 

  1. No Waiver: The failure of EarthDollar Alliance to require or enforce strict performance by the Association Member of any provision of these Terms or the Earth Dollar (Community Currency) Product Purchase Agreement or EarthDollar Alliance’s failure to exercise any right under these agreements shall not be construed as a waiver or relinquishment of EarthDollar Alliance’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by EarthDollar Alliance of any provision, condition, or requirement of these Terms or the Earth Dollar (Community Currency) Product Purchase Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in this these Terms, no representations, statements, consents, waivers, or other acts or omissions by EarthDollar Alliance shall be deemed a modification of these Terms nor be legally binding, unless Agreed in physical writing, hand signed by the Association Member and a duly appointed officer of EarthDollar Alliance.

 

  1. Updates to the Terms and Conditions of the Earth Dollar Community Currency Sale: EarthDollar Alliance reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms and Earth Dollar (Community Currency) Product Purchase Agreement, at any time during the sale by posting the amended Terms on the Earth Dollar Website (https://www.EarthDollar.org). Any Association Member will be deemed to have accepted such changes by purchasing or continue using Earth Dollar (Community Currency). The Terms may not be otherwise amended except in a signed writing executed by both the Association Member and EarthDollar Alliance. For purposes of this agreement, “writing” does not include an e-mail message and a signature does not include an electronic signature. If at any point you do not agree to any portion of then-current version of the Terms, you should not purchase Earth Dollar (Community Currency). To the extent the Terms conflict with the Earth Dollar (Community Currency) Product Purchase Agreement, the Terms shall govern.

 

  1. Cooperation with Legal Authorities: EarthDollar Alliance is expected to cooperate with all law enforcement inquiries, subpoenas, or requests provided they are fully supported and Agreed by the law in the relevant jurisdictions. In accord with one of the core principles of the Earth Dollar project — transparency — EarthDollar Alliance may endeavour to publish any legal inquiries upon receipt.

 

  1. Further Information: For further information regarding the Earth Dollar (Community Currency) sale, please contact helpdesk@EarthDollar.org.

 

  1. Language: All communications and notices to be made or given pursuant to these Terms must be in the English language. If we provide a translation of the English language version of these Terms, the English language version of the Agreement will control if there is any conflict.

 

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Appendix A

 

The baseline retail price (the “Retail Price”) of Earth Dollar (Community Currency) will be set by EarthDollar Alliance at:

 

http://earthdollar.org

 

EarthDollar Alliance will not place a cap on the number of Earth Dollar (Community Currency) that can be purchased by the community. EarthDollar Alliance reserves the right to change the duration of any affected discounting period for any reason, including the unavailability of the website https://www.EarthDollar.org or other unforeseen procedural or security issues.