When you participating in a “ICO promotion” on cryptosocialnetwork.net (CSN) you understand that :
Nothing on the CSN website is a solicitation to buy, sell or hold coins (tokens) and we are not involved with any ICO publisher or ICO platform. You will also not be able to buy coin, tokens or any related cryptocurrency product or services on our platform.
You should be mindful of the potential risks involved in token sales and any arrangements involving digital tokens. As these arrangements and the parties involved operate online and may not be regulated, you may be exposed to heightened risks of fraud, insufficient liquidity or volatile and opaque pricing. You should fully understand the features of any products or business projects you intend to fund, and carefully weigh the risks against the return before making a purchase.
The use of any data or information about token sales, including user comments and any linked content, provided through cryptosocialnetwork.com website (“Information”), does not and cannot guarantee that you will make profits or will not incur losses. You must use your own judgment or consult a professional for advice on such matters.
Despite our efforts to maintain the functionality of our ICO listing and promotion is offered “As IS” and “AS AVAILABLE” basis without any warranties of any kind. Crypto Social Network does not guarantee the availability of the use of the ICO list or the ICO information.
None of token sales is recommended or advised by CSN.
Crypto Social Network including its owners, officers, employees, directors, or agents, is not affiliated with and does not endorse or sponsor any of the token sales. CSN may receive a fee for advertising certain token sales, in which case such listing will be designated accordingly.
The token sales listed and discussed on the CSN website have not been reviewed by any regulatory authority.
Since ICOs may constitute securities pursuant to applicable security laws, the ICO publisher is responsible for complying with legal requirements to perform this practice on our platform.
Tokens may not be appropriate for, or offered to, investors residing in the United States. The Securities and Exchange Commission (SEC) has warned investors residing in the United States that token sales may constitute securities, and by investing in tokens, investors may be purchasing unregistered securities offerings. US investors who invest may be unable to recover any losses sustained in the event of fraud or theft.
For more information on the position of the SEC and other regulatory authorities, please read the following statements :
- https://www.sec.gov/oiea/investor-alerts-and-bulletins/ia_icorelatedclaims (USA)
- https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11 (USA)
- https://www.sec.gov/news/public-statement/statement-potentially-unlawful-promotion-icos (USA)
- https://www.fca.org.uk/news/statements/initial-coin-offerings (UK)
- http://www.osc.gov.on.ca/documents/en/Securities-Category4/csa_20170824_cryptocurrency-offerings.pdf (Canada)
- http://www.nifa.org.cn/nifa/2955675/2955761/2967610/index.html (China)
CSN is not providing investment advice and is not taking your personal circumstances into consideration when posting information about token sales.
If we suspect that your ICOs may be a scam, we will immediately delete your account. However, we may first download a copy of all your information to respond to any legal claim from the authorities.
ICO publishers are responsible for having their own registry. CSN does not provide any type of record on the participation of users, including the number of clicks of a specific ICO, countries of origin, etc.
Any information related to an ICO, if it exists, is only accessible from the user’s account and will be available as long as the ICO post is active, once the ICO post is deleted any information will be lost. CSN saves a copy of the site every 24 hours as backup, including post ICOs if exist at that moment, this time will be reduced as more activity occurs on our site. Once a new copy is made, the previous copy is deleted.
The ICO publisher is responsible for keeping users informed and updated of any changes, CSN will not mediate any dispute between you and the ICO publisher.
Dispute resolution agreement – Binding arbitration and class action waiver
If you live in the United States, any controversy or claim arising out of or relating to this agreement, or the breach thereof, shall be finally resolved exclusively through binding arbitration administered by the American Arbitration Association (“AAA”), through a single mutually agreed upon an arbitrator, in accordance with the provisions of the AAA’s Consumer Arbitration Rules, available at www.adr.org or by calling the AAA at 1.800.778.7879, and shall be governed by the laws of the State of Florida. Judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. YOU AND CRYPTO SOCIAL NETWORK LLC HEREBY EXPRESSLY WAIVE THE RIGHT TO A TRIAL BY JURY OR JUDGE. YOU AND WE FURTHER AGREE THAT ANY CLAIMS MAY ONLY BE BROUGHT IN OUR INDIVIDUAL CAPACITIES AND NOT ON BEHALF OF, OR AS PART OF, A CLASS ACTION OR OTHER REPRESENTATIVE ACTION. THE PARTIES EXPRESSLY WAIVE THEIR RIGHT TO FILE A CLASS ACTION OR SEEK RELIEF ON A CLASS BASIS. Unless you and we both agree in writing, the arbitrator may not consolidate proceedings or more than one person’s claims, and may not otherwise preside over any form of representative or class proceeding.
Go back to Rules and policies.