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10. Legal Aspects – Summary

10. Legal Aspects – Summary Version

10.1 – Regulatory Compliance:

Strategies to ensure compliance with laws and regulations.

To ensure Battery Net App’s legal and regulatory compliance, we have implemented a robust framework that encompasses various international and local regulations. This approach ensures that our operations are secure, transparent, and respect users’ rights and applicable laws.

Legal Aspects - Image depicting the legal aspects of the Battery Net App project_compressed

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

  • Identity Verification: We implement comprehensive identity verification procedures for all ICO participants, collecting and validating documentsInfographic showing the KYC compliance process Know Your Customer and AML Anti-Money Launderings official.
  • Activity Monitoring: Our system monitors transactions to identify potential illicit activity, and we report any suspicious behavior to the appropriate authorities.

 

10.1.2 – General Data Protection Regulation (GDPR):

  • Privacy Policy: We comply with the GDPR, they sayInfographic depicting the layers of data protection according to the GDPR - General Data Protection Regulationpersonal data is managed in a transparent and secure manner.
  • Consent and Rights of Users: We request explicit consent for the processing of data and guarantee the rights of access, rectification and deletion.

 

10.1.3 – California Consumer Privacy Act (CCPA):

  • Privacy Rights: We comply with the CCPA, offering California residents the right toInfographic visualizing the legal framework under the California Consumer Privacy Act CCPAs about your personal data, including access, deletion and non-sale of your personal data.
  • Transparency: We provide clear and accessible information about how we handle the personal data of California residents.

 

10.1.4 – Additional Measures:

  • Staff Training: We offer regular trainings on relevant regulations, such as KYC, AML, GDPR, and CCPA.
  • Audits and Legal Consulting: We carry out internal and external audits to ensure compliance and adjust our policies with the advice of specialized legal consultants.

 

10.2 – Terms and Conditions:

These Terms govern participation in the ICO of Battery Net App LLC. By participating, users agree to abide by these terms and our Privacy Policy.

Infographic illustrating the terms and conditions of a blockchain-based ICO. The image should show key concepts of BNA

10.2.1 – Introduction

By participating in the Battery Net App ICO, users agree to the terms set forth herein and the Privacy Policy posted on our website.

10.2.2 – Definitions

  • ICO: Initial Coin Offering.
  • Token: BNA COIN, issued by the company as part of the ICO.
  • Participant: A person who acquires tokens during the ICO.

 

10.2.3 – ICO Description

The ICO will fund the expansion of the Battery Net App project, with a total supply of tokens distributed among investors and the project team.

10.2.4 – Eligibility

  • Age Requirements: Participants must be of legal age in their jurisdictions.
  • Excluded Jurisdictions: The ICO is not available to residents of certain countries where ICOs are prohibited.

 

10.2.5 – Participation Process

  • Registration and Verification: Participants must complete the KYC process.
  • Token Acquisition: Funds will be sent to the address designated for the purchase of BNA COIN.

 

10.2.6 – Token Price and Distribution

  • Price: $0.10 for each BNA COIN during the ICO.
  • Distribution: Tokens will be distributed after the completion of the ICO and verification of transactions.

 

10.2.7 – Rights and Limitations

  • No Money Back Guarantee: Battery Net App does not guarantee a return on investment.
  • Limitation of Liability: We do not assume liability for damages resulting from participation in the ICO.

 

10.2.8 – Regulatory Compliance

  • KYC and AML: We implement robust policies to prevent money laundering and ensure transparency.
  • GDPR and CCPA: We protect personal data in accordance with GDPR and CCPA regulations.

 

10.2.9 – Privacy Policy

The use of personal data is governed by our Privacy Policy, available on our website.

10.2.10 – Modifications and Termination

We reserve the right to modify these terms at any time by notifying participants through our website.

10.2.11 – Governing Law and Dispute Resolution

These terms are governed by the laws of the State of Wyoming, U.S.A., and any dispute will be resolved in the competent courts of Wyoming.

10.2.12 – Contact

Any inquiries about the ICO can be directed to:

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

This framework ensures that the Battery Net App operates within a robust legal and regulatory environment, ensuring the protection of both users and the project itself.

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