Quantum ($Q) Coin Private Sale Terms
Issuer: Quantum Chain Pte Ltd
Offer: Private Sale of Quantum ($Q) Coins
Effective Date: 1st July 2024
Overview: This term sheet summarizes the terms by which investors will purchase Quantum ($Q) coins via SAFT during the private sale period prior to the public offering. This document is intended to provide a summary of the key terms and is not a legally binding agreement.
1. Offer Terms
Coin Offered: Quantum ($Q)
Price per Coin: Tiered pricing beginning at $0.0001 SGD — Price may be subject to adjustments based on the investment size and strategic value.
Minimum Subscription: Tiered minimum beginning atn$25,000 SGD
Maximum Subscription: No Maximum, subject to availability
Sale Period: 1st July 2024 until max cap reached or exchange listing
Payment Method: BTC, ETH, USDT
2. Use of Proceeds
Proceeds from the Quantum ($Q) Coin private sale will be utilized to fund the ongoing development of the Quantum Chain platform, Quantum Foundation Partnership Program, marketing efforts, and operational costs.
3. Investor Qualifications
Relevant participants must be accredited investors as defined under the applicable laws of their jurisdictions.
4. Negotiable Arrangements
Depending on the investment size, special conditions such as discounts and rewards may be negotiated on a case-by-case basis to align investor interests with the long-term success of Quantum Chain.
5. Vesting Period
To ensure alignment with the project’s long-term goals, Quantum ($Q) Coins purchased under SAFT (Simple Agreement of Future Tokens) during this private sale will be subject to a negotiable vesting period of 4-10 months from the date of sale closure.
6. Risks
Investors acknowledge the risks associated with blockchain investments, including but not limited to market volatility and technology risks.
7. Token Distribution
Quantum ($Q) coin purchase will be agreed via SAFT (Simple Agreement of Future Tokens). The purchaser will then transfer the agreed amount of BTC, ETH or USDT equivalent to the amount of $Q desired to an EVM compatible wallet address provided by the Quantum Chain Team. Tokens will be distributed to the consumers Q Wallet within 30 days of the launch of Quantum ($Q) coin. Q Wallet set up instructions will be provided.
8. Refund Policy
Contributions made during the private sale are generally non-refundable except as may be required by applicable law.
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9. Governing Law
This agreement is governed by the laws of Singapore.
10. Additional Terms
Investors agree to adhere to all regulatory compliance requirements pertinent to their jurisdictions.
Acceptance:
By purchasing $Q Coins ​during the private sale, investors agree to the terms outlined in this term sheet.
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