10. Legal Aspects

10. Legal Aspects

10.1 – Regulatory Compliance:

Strategies to ensure compliance with laws and regulations.

To ensure effective compliance with the laws and regulations applicable to our company, Battery Net App, we implement a series of strategies and measures in compliance with the main international and local regulations. These regulations include, but are not limited to, the following:

10.1.1 – Know Your Customer (KYC) y Anti-Money Laundering (AML):

• • Identity Verification Procedures: We implement procedures robust to verify the identity of our customers before establishing business relationships. This includes collecting and validating official identity documents and conducting background checks.
  • Monitoring and Reporting of Suspicious Activity: We establish mechanisms to monitor and analyze suspicious transactions that may be linked to money laundering or terrorist financing. Any unusual activity is reported to the appropriate authorities as required by AML laws.

 

10.1.2 – General Data Protection Regulation (GDPR):

• • Privacy Policy: We have developed and maintain a detailed privacy policy that complies with the requirements of the GDPR. This policy informs our users about the collection, use, storage and protection of their personal data.
  • Informed Consent: We ensure that users provide their explicit consent for the collection and processing of their personal data, and we offer clear options for them to revoke this consent at any time.
  • Data Subject Rights: We facilitate the exercise of users’ rights under the GDPR, such as access, rectification, deletion, and portability of their personal data.

 

10.1.3 – California Consumer Privacy Act (CCPA):

• • Consumer Privacy Rights: We implement mechanisms to that California residents may exercise their rights under the CCPA, including requesting access, deletion, and opting out of the sale of their personal data.
  • Transparency and Notice: We provide our users in California with clear and accessible notices about how their personal data is collected, used, and shared, and we maintain a privacy policy specific to complying with CCPA requirements.

 

10.1.4 – Additional Measures:

• Training and Awareness: We conduct regular trainings for our staff on relevant laws and regulations, ensuring that all employees are informed and comply with established policies and procedures.
• Audits and Reviews: We conduct internal audits and periodic reviews to ensure that our practices and procedures continue to comply with applicable laws. We also undergo external audits when necessary to ensure ongoing compliance.
• Legal Consulting: We work with legal advisors specialized in regulatory compliance to review and update our policies and procedures in accordance with changes in legislation and best practices.

 

At Battery Net App LLC, we are committed to full compliance with all applicable regulations to protect the integrity of our operations and the privacy of our customers.

10.2 – Terms and Conditions:

Legal policies and ICO terms.

Last updated: [1/September/2024]

10.2.1 – Introduction

These Terms and Conditions (the “Terms”) govern your participation in the Battery Net App LLC Initial Coin Offering (ICO) ( the “Company”, “we”, “our” or “us”). By participating in the ICO, you agree to abide by these Terms and our Privacy Policy.

 

10.2.2 – Definitions

• ICO: Initial Coin Offering in which digital tokens are issued.
• Token: Represents a unit of value issued by the Company under the ICO, referred to as BNA COIN.
• Participant: Person who acquires Tokens during the ICO.

 

10.2.3 – ICO Description

The ICO aims to issue BNA COIN to finance the second part of the project, which is detailed in the following points:

• 6.1.6.1 – ICO (Initial Coin Offering): Detail of the purpose of the ICO.
• 6.2 – Use of Funds: Plan for the use of the funds raised.
• 6.3 – ICO phases: Description of the different stages of the ICO.

 

The ICO will start on January 15, 2025, and end on April 15, 2025.

 

10.2.4 – Eligibility

To participate in the ICO, you must:

• Be of legal age in their jurisdiction.
• Not be a resident of the following countries where participation in ICOs is prohibited: Bangladesh, China, Algeria, Nepal, South Korea, Morocco, Ecuador, Bolivia.
• Comply with applicable laws and regulations in your jurisdiction.

 

10.2.5 – Participation Process

To participate in the ICO, you will need to:

• Complete the registration and identity verification process in accordance with our KYC (Know Your Customer) policies.
• Send funds to the address specified for the acquisition of Tokens.
• Accept these Terms and Conditions and our Privacy Policy.

 

10.2.6 – Token Price and Distribution

• Token Price: The price of BNA COIN during the ICO will be $0.10 per token.
• Distribution: Tokens will be distributed to cryptocurrency addresses provided by Participants once the ICO has been finalized and all transactions have been verified.

 

10.2.7 – Rights and Limitations

• No Guarantee of Return: The Company does not guarantee any return on investment. Tokens are provided “as is” and the value may fluctuate.
• Limitation of Liability: To the fullest extent permitted by law, the Company shall not be liable for any direct, indirect, incidental, special, or consequential damages resulting from your participation in the ICO.

 

10.2.8 – Regulatory Compliance

The Company is committed to complying with the following regulations:

• KYC (Know Your Customer) and AML (Anti-Money Laundering): We implement procedures to verify the identity of our Participants and prevent money laundering.
• GDPR (General Data Protection Regulation): We process personal data in accordance with the GDPR and ensure the protection of your data.
• California Consumer Privacy Act (CCPA): We comply with CCPA requirements to protect the privacy of California residents.

 

10.2.9 – Privacy Policy

The collection and use of your personal data is governed by our Privacy Policy, which can be found at [link to privacy policy].

 

10.2.10 – Modifications and Termination

We reserve the right to modify these Terms at any time. Any changes will be posted on [website link] and you will be deemed to have accepted the changes if you continue to participate in the ICO.

 

10.2.11 – Governing Law and Dispute Resolution

These Terms shall be governed by the laws of the State of Wyoming, United States. Any disputes arising in connection with the ICO will be resolved in the competent courts of Wyoming.

 

10.2.12 – Contact

For any ICO-related queries, you can contact us at:

• Dirección: Rainbow Te-ton Entrepreneur Center, Room 2H 116 4th Street Rawlins, WY 82301, EEUU
• Email: ico@batterynetapp.net
• Phone: +34 631 199 051