ES platform will follow the best practice, policies, and procedures intended to ensure legal and regulatory compliance in all jurisdictions within which it operates. All ES members will be required to comply with the Know Your Customer (KYC), Anti-Money Laundering (AML), and Combating Financing of Terrorism (CFT) norms with respect to the global standards.
The Whitepaper, prepared by Era Swap Token (“ES”). It’s purpose is solely to provide prospective community members with information about the ES project, and it is not an offer or solicitation to buy or sell securities of any kind, or to invest in any financial instruments.
Please refer whitepaper of Era Swap Token (“ES”) here
There will be a Token Generation Event (“TGE”) where community members can buy ES, an ERC 20 Token, generated on the Ethereum platform. The ownership of this token gives the ES community member access to the ES ecosystem.
The ES tokens are not intended to constitute securities in any jurisdiction. The Whitepaper is NOT a prospectus and should not be relied upon to make any financial decisions. No person is bound to enter into any contract or binding legal commitment in relation to ES’s services. Any agreements reached between the ES distributor and prospective purchaser regarding the sale of the ES Token is governed by a separate document that sets out the terms and conditions (the "T&Cs") of the agreement. In the event of any inconsistencies between the T&Cs and this Whitepaper, the T&Cs shall prevail.
Era Swap (ES) is a decentralized peer to peer utility token. KMPARDS is the entity which created ES, however It does not own or lead ES, but rather supports and develops multiple platforms under Era Swap Ecosystem (ESE) for ES utility. The disclaimers contained therein multiple use cases (ESE), apply including that they are provided "AS IS", "WITH ALL FAULTS" and "AT YOUR OWN RISK". KMPARDS will not be liable for any liability or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Era Swap Ecosystem, including any direct, indirect, incidental, special, Era Swap (ES) is a decentralized peer to peer utility token. KMPARDS is the entity which created ES, however It does not own or lead ES, but rather supports and develops multiple platforms under Era Swap Ecosystem (ESE) for ES utility. The disclaimers contained therein multiple use cases (ESE), apply including that they are provided "AS IS", "WITH ALL FAULTS" and "AT YOUR OWN RISK". KMPARDS will not be liable for any liability or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Era Swap Ecosystem, including any direct, indirect, incidental, special,
You acknowledge that the current version of the Era Swap Ecosystem (ESE) platforms is beta version and as such has not been fully-tested and may not perform as designed. Era Swap (ES) may be used respectively for staking on multiple platforms of Era Swap Ecosystem (ESE), and in the future, other tokens or cryptocurrencies may be used. While you should always be thoughtful about the ES or other tokens/cryptocurrencies, you stake and trade (and can lose) through the Era Swap Ecosystem (ESE), the concerns regarding loss of these tokens or cryptocurrencies is particularly acute with beta software that may not perform as designed, including that the beta version of multiple platforms may not accurately reflect the intent of multiple components of the ecosystem. Your use of the Era Swap Ecosystem (ESE) involves various risks, including, but not limited to losing tokens/cryptocurrencies due to invalidation. Careful due diligence should be undertaken as to the amount of Era Swap (ES) or other tokens/cryptocurrencies you stake and trade using the Era Swap Ecosystem (ESE) in beta format with full understanding that any staking and trading of these tokens/cryptocurrencies could be subject to total loss. You assume any and all risk associated with your use of the Era Swap (ES).
KMPARDS is aware of the fact that ES might have been listed on certain exchanges and in the future, it may be delisted on these exchanges and/or listed on others. KMPARDS disavows any obligation with respect to the listing of Era Swap (ES) on exchanges and it disavows any responsibility with respect to the value or trading of Era Swap (ES) on exchanges. Persons trading Era Swap (ES) or otherwise engaged in activities involving Era Swap (ES) on exchanges assume any and all risk, including that of total loss, associated with such activities.
You are solely responsible for compliance with all laws that may apply to your particular use of the Era Swap Ecosystem (ESE). Cryptocurrencies and blockchain technologies have been the subject of scrutiny by various regulatory bodies around the world. Era Swap Ecosystem (ESE) makes no representation regarding the application of any laws, including but by no means limited to those relating to multiple use cases, to your use of the Era Swap Ecosystem (ESE). Indeed, depending on the jurisdiction and the contemplated use of the Era Swap Ecosystem (whether yours or another’s), that use may be considered illegal. You agree that Era Swap Ecosystem (ESE) is not responsible for determining whether or which laws may apply to your use of the Era Swap Ecosystem.
The profile of all the members on the platform shall be explicitly confidential and not disclosed to any other member of the platform unless an express consent is sought by the member. Data will be held in a distributed fashion. This is important to avoid the user data breaches that befall centralized databases.
The use of KYC (know your customer) is always a balance between the freedom of anonymous use of cryptocurrencies and the ability to interact with other businesses, banking institutions and all countries. We have made the decision to use KYC on all purchase of tokens for the good and long-term success of the ERA SWAP community.
Binding Arbitration. Except for any disputes, claims, suits, actions, causes of action, demands or proceedings (collectively, “Disputes”) in which either Party seeks to bring an individual action in small claims court or seeks injunctive or other equitable relief for the alleged unlawful use of intellectual property, including, without limitation, copyrights, trademarks, trade names, logos, trade secrets or patents, both you and us shall (i) waive our respective rights to have Disputes arising from or related to these Terms resolved in a court, and (ii) waive our respective rights to a jury trial. Instead, we will arbitrate Disputes through binding arbitration (which is the referral of a Dispute to one or more persons charged with reviewing the Dispute and making a final and binding determination to resolve it instead of having the Dispute decided by a judge or jury in court).
No Class Arbitrations, Class Actions or Representative Actions. Any Dispute arising out of or related to these Terms is personal to you and us will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. There will be no class arbitration or arbitration in which an individual attempt to resolve a Dispute as a representative of another individual or group of individuals. Further, a Dispute cannot be brought as a class or other type of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.
We hope it would never come to this and will take every effort to be a company worthy of your trust.
International legal terms shall govern some elements of this White Paper. The ERA SWAP Legal team diligently follows industry best practices, policies, and procedures intended to ensure legal and regulatory compliance. Every member has to comply with AML and KYC norms with respect to the global standards.
ERA SWAP is committed to maintaining compliance with laws, regulation, and licensing with governing bodies to achieve a sustainable growth. Our platform will enforce the rules and regulation related to donations and money transfer, user protection act, data security and deceptive business practices and other procedure intended to legal and regulatory compliance in the countries where our platform is operational. We desire to act with the highest standards of honesty, integrity, , and accountability.
The ERA SWAP platform currently does not support membership for citizens and tax residents from the following countries:
CHINA, NEPAL, AFGHANISTAN, BANGLADESH, SINGAPORE, SOUTH KOREA, SYRIA, BOLIVIA, PAKISTAN, IRAN, IRAQ, YEMEN, NORTH KOREA, LEBANON, ICELAND, CANADA, U.S.A.