ICO Terms

These ICO Terms (the “Terms”) constitute a legal agreement between you and Synthia Group LLC governing the use of our Initial Coin Offering.

  1. ABOUT US
    1. We are Synthia Group LLC of 1111b South Governors Avenue Ste 6711 - Dover - Delaware - 19904, Delaware, USA (“Synthia Group”, “we”, “us”, or “our”).
    2. We operate www.konnektvpn.com (our “website”) and KonnektVPN our iOS and Android mobile application (our “App”), the KNKT Token System (the “KNKT Token System”) including KNKT (our “Token”).
    3. To contact us, please use info@synthia.group, or use our Contact Form.
    4. These Terms were last updated on Sunday, October 26th 2023, and are the current and valid version.
    5. The following additional terms apply to your use of our Services and form part of these Terms:
      1. Our Privacy Policy (website and/or App);
      2. Our Terms and Conditions, if you are using our website;
      3. Our Terms of Service, if you are using our VPN service;
      4. Our Terms of Sale, if you are purchasing our devices;;
      5. Our Affiliate Terms, if you are using our referral services;
      6. Our Terms of Use, if you are using our iOS and Android mobile application;
    6. The name KonnektVPN as well as related names, marks, emblems and images are registered trademarks and copyright of Synthia Group LLC.
  2. TERMS OF USE
    1. The provisions set out in these Terms govern your access to and your use of our Initial Coin Offering and shall constitute a legally binding agreement between you and us. We may change such terms from time to time and shall notify you accordingly if we do. If you do not agree to such terms, you must not use our Initial Coin Offering.
    2. Subject to you agreeing to abide by these Terms, we hereby grant to you a revocable, non-exclusive and non-transferable license to use our Initial Coin Offering on these Terms.
  3. TOKEN SALE AND RISK DISCLOSURE
    1. By transferring supported crypto currencies to the Synthia Group address in exchange for KNKT, the Purchaser confirms to understand and accept that he/she makes a contribution into the KNKT Token System for the development of the project.
    2. The Purchaser understands and accepts that while the individuals and entities, including Synthia Group, assigned to this task will make reasonable efforts to develop the KNKT Token System, it is possible that such development may fail or become useless, and purchaser’s KNKT become useless and/or valueless due to technical, commercial, regulatory or any other reasons.
    3. The Purchaser understands that there are serious risks connected with buying cryptocurrency, such as heavy fluctuations of virtual or actual currency values, which in turn may lead to total loss of currency over short or long periods.
    4. The Purchaser acknowledges and understands that the Tokens have no warranty whatsoever, expressed or implied, to the extent permitted by Applicable Law and accordingly that Tokens are purchased on an "as is" basis.
    5. The Purchaser also understands that Synthia Group will not provide any refund of the purchase price for Tokens under any circumstance.
    6. The Purchaser further agrees to accept sole and exclusive risk for the purchase of Tokens through the KNKT Token System. The Purchaser recognizes that the KNKT Token System is currently being developed and may undergo significant technical and functional changes before release.
    7. In order to reduce the possibility of fraud, phishing attempts and other schemes perpetrated by malicious third parties, the Purchaser agrees not to respond directly to any inquiry regarding its purchase of Tokens, including but not limited to email requests purportedly coming from Synthia Group.
    8. The Purchaser understands that Synthia Group may send the Purchaser emails from time-to-time, but these email notices will never ask for information or require a response from the Purchaser.
    9. The Purchaser recognizes that Synthia Group does not warrant the period of time for which the KNKT Token System will be operational. Synthia Group for a number of reasons, including a lack of interest from the public, a lack of funding or competing service providers that seek to develop similar products, may abandon the KNKT Token System and use competitor’s services built on the same underlying protocol and open source technology.
    10. The Purchaser understands that between the time of purchase of Tokens by means of the Token sale and the inception of the KNKT Token System, Tokens will be tradable in the Purchaser's discretion and shall be therefore be a liquid asset class.
    11. By purchasing KNKT, the Purchaser confirms that he/she:
      1. Is legally permitted to purchase Tokens in the Purchaser’s jurisdiction;
      2. Is of a sufficient age to legally purchase Tokens or has received permission from a legal guardian who has reviewed and agreed to these Terms and the Sale Agreement;
      3. Will take sole responsibility for any restrictions and risks associated with the purchase of Tokens as set in the Terms;
      4. Is not exchanging supported crypto currencies for Tokens for the purpose of speculative investment;
      5. Has a full and complete understanding of the usage and intricacies of Blockchain-based assets, and Blockchain-based software systems.
      6. Is not a citizen of the United States of America and India.
    12. After purchasing KNKT, the Purchaser becomes a Token Holder. Every Token Holder becomes part of the funding system organized by the KNKT Token System and is entitled to:
      1. Trade KNKT with other Users.
      2. Opt out of fundings at any time by giving back the tokens to Synthia Group.
  4. PROHIBITED USES
    1. You may use KNKT and the KNKT Token System only for lawful purposes. You may not use KNKT and the KNKT Token System:
      1. in any way that breaches any applicable local or international laws or regulations;
      2. in any way that is unlawful or fraudulent, or has any unlawful or fraudulent purpose or effect;
      3. to send, knowingly receive, upload, download, use or re-use any material which does not comply with our content standards as set out in our prevailing terms and conditions as amended from time to time; and
      4. to knowingly transmit any data, send or upload any material that contains viruses, Trojan horses, worms, time-bombs, keystroke loggers, spyware, adware or any other harmful programs or similar computer code designed to adversely affect the operation of any computer software or hardware.
    2. You also agree:
      1. not to reproduce, duplicate, copy or re-sell any part of KNKT and the KNKT Token System in contravention of the provisions of our Terms; and
      2. not to access without authority, interfere with, damage or disrupt:
      3. any part of KNKT and the KNKT Token System;
      4. any equipment or network on which KNKT and the KNKT Token System is stored;
      5. any software used in the provision of KNKT and the KNKT Token System; or
      6. any equipment or network or software owned or used by any third party.
  5. INTELLECTUAL PROPERTY RIGHTS
    1. You acknowledge that all intellectual property rights in KNKT and the KNKT Token System anywhere in the world belong to us, that rights in KNKT and the KNKT Token System are licensed (not sold) to you, and that you have no rights in, or to, KNKT and the KNKT Token System other than the right to use them in accordance with these Terms.
    2. Any intellectual property rights in content uploaded by you to KNKT and the KNKT Token System shall continue to belong to you or their respective owners. You agree that you grant us a royalty-free and non-exclusive license to use, reproduce, publish and display such intellectual property rights for the purposes of performing the Services, promotional purposes, internal administrative purposes and any other purposes set out in these Terms, including for the purpose of improving the Services and our responses to users of the Platform.
    3. You acknowledge that you have no right to have access to KNKT and the KNKT Token System in source code form.
    4. Save for internal distribution amongst your employees and persons authorized by you for your internal business purposes and any other purposes contemplated under these Terms or the Platform, you must not modify the paper or digital copies of any materials you have printed off or downloaded from KNKT and the KNKT Token System in any way and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.
    5. Our status (and that of any identified contributors) as the authors of content on KNKT and the KNKT Token System must always be acknowledged.
    6. You must not use any part of the content on KNKT and the KNKT Token System for commercial purposes not specified on KNKT and the KNKT Token System without obtaining a license to do so from us or our licensors.
  6. PRIVACY
    1. For the purposes of applicable data protection legislation, Synthia Group will process any personal data you have provided to us in accordance with our Privacy Policy available on the Synthia Group website or on request from Synthia Group.
    2. You agree that, if you have provided Synthia Group with personal data relating to a third party (1) you have in place all necessary appropriate consents and notices to enable lawful transfer such personal data to Synthia Group and (2) that you have brought to the attention of any such third party the Privacy Policy available on the Synthia Group’s website or otherwise provided a copy of it to the third party.
    3. You agree to indemnify Synthia Group in relation to all and any liabilities, penalties, fines, awards or costs arising from your non-compliance with these requirements.
  7. WARRANTIES
    1. While we make all efforts to maintain the accuracy of the information on KNKT and the KNKT Token System, we provide the Services, Platform and all related content on an “as is” and “as available” basis, unless otherwise specified in writing. We make no representations or warranties of any kind, express or implied, as to the operation of any of the foregoing, unless otherwise specified in writing.
    2. To the full extent permissible by law, we disclaim all warranties, express or implied, relating to KNKT and the KNKT Token System or any Services, including but not limited to implied warranties of merchantability and fitness for a particular purpose. We do not warrant that the Services, KNKT and the KNKT Token System, the related content, or electronic communications sent by us are free of viruses or other harmful components.
  8. LIMITATION OF LIABILITY
    1. We are not liable for the completeness, accuracy or correctness of any information on the Services and KNKT and the KNKT Token System and any related content. You expressly agree that your use of the Services and KNKT and the KNKT Token System is at your sole risk.
    2. You agree not to use the Services, KNKT and the KNKT Token System and the related content for any resale purposes, and we have no liability to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, arising under or in connection with these Terms (including but not limited to the use of, or inability to use, the Services, KNKT and the KNKT Token System or any other website or software) for:
      1. loss of profits, sales, business, or revenue;
      2. business interruption;
      3. loss of anticipated savings;
      4. loss or corruption of data or information;
      5. loss of business opportunity, goodwill or reputation; or
      6. any other indirect or consequential loss or damage.
    3. Nothing in these Terms shall limit or exclude our liability for:
      1. death or personal injury resulting from our negligence;
      2. fraud; and/or
      3. any other matter in respect of which we are prohibited under applicable law from limiting or excluding our liability.
    4. Except as expressly stated in these Terms, there are no conditions, warranties, representations, or other terms, express or implied, that are binding on us. Any condition, warranty, representation, or other term concerning the supply of the Services and KNKT and the KNKT Token System which might otherwise be implied into, or incorporated in, these Terms whether by statute, common law or otherwise, is excluded to the fullest extent permitted by law.
  9. INDEMNITY

    10. You agree to indemnify and hold us, our related corporations, and our respective directors, officers, employees, agents and representatives, independent contractors, licensees, successors and assigns harmless from and against all claims, losses, expenses, damages and costs (including but not limited to direct, incidental, consequential, exemplary and indirect damages), and reasonable legal fees, resulting from or arising out of your act, default or omission, whether in your use of KNKT and the KNKT Token System, Services, and/or any websites or software in relation thereto or otherwise, and whether in respect of your breach of these Terms or any laws or regulations or otherwise.

  10. OTHER IMPORTANT TERMS
    1. We may transfer our rights and obligations under a Contract to another organization, but this will not affect your rights or our obligations under these Terms. We will always notify you by posting on this webpage if this happens.
    2. You may only transfer your rights or your obligations under these Terms to another person if we agree in writing.
    3. This contract is between you and us. No other person shall have any rights to enforce any of its terms.
    4. Each of the paragraphs of these Terms operates separately. If any court or relevant authority decides that any of them are unlawful or unenforceable, the remaining paragraphs will remain in full force and effect.
    5. If we fail to insist that you perform any of your obligations under these Terms, or if we do not enforce our rights against you, or if we delay in doing so, that will not mean that we have waived our rights against you and will not mean that you do not have to comply with those obligations. If we do waive a default by you, we will only do so in writing, and that will not mean that we will automatically waive any later default by you.
    6. No joint venture, partnership or agency or employment relationship has arisen by reason of these Terms.
    7. These Terms and any document expressly referred to in it constitutes the entire agreement between us regarding their subject matter, and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations and understandings between us, whether written or oral, relating to that subject matter. You agree that you shall have no remedies in respect of any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in these Terms or any document expressly referred to in it. You agree that you shall have no claim for innocent or negligent misrepresentation or negligent misstatement based on any statement in these Terms or any document expressly referred to in it.
    8. Each of the conditions of these Terms operates separately. If any court or competent authority decides that any of them are unlawful or unenforceable, the remaining conditions will remain in full force and effect.
    9. These terms and conditions and the relationship between you and us shall be governed by and construed in accordance with the Law of the State of the State of Delaware, and you agree to submit to the exclusive jurisdiction of the courts of the State of Delaware.