In short
- You must be at least 18 and pass identity verification (KYC) before investing.
- Your tokens represent securities of private companies; they are held in your name and can only be transferred to verified investors.
- The fee schedule is to be published; any fee is shown before you confirm a subscription.
- You may lose all the capital you invest. Coin District does not give investment advice.
1.Purpose and acceptance
These Terms of Service (the “Terms”) govern access to and use of the Coin District website and applications (the “Platform”), published by Coin District, [Legal form] with share capital of [Share capital], registered under [RCS number], whose registered office is at [Registered office address].
By creating an account, you confirm that you have read, understood and accepted these Terms, our Privacy Policy and our Risk Disclosure. Specific conditions may apply to certain services (for example the CNDT Airdrop Terms); in case of conflict, the specific conditions prevail.
2.Definitions
- Issuer
- A private company whose securities are offered on the Platform.
- Token
- A digital representation of a security issued by an Issuer, recorded on a blockchain using a permissioned standard (ERC-3643).
- Offering
- A primary fundraising by an Issuer, presented on the Launchpad for a limited period and with a funding target.
- CNDT
- The Coin District ecosystem token, distributed through the airdrop. It cannot be used on the Platform yet.
3.Eligibility and account opening
To open an account you must be a natural person aged 18 or over with full legal capacity, or a legal entity duly represented, resident in a country where the services are offered. The following steps are required before you can invest:
- identity verification (KYC) and, for legal entities, verification of beneficial owners (KYB);
- completion of the investor qualification questionnaire, which assesses your knowledge and experience;
- where applicable, a simulation of your capacity to bear losses, based on your declared net worth.
You must keep your information accurate and up to date. Coin District may request additional documents at any time in accordance with its anti-money laundering obligations.
4.Our services
Depending on your qualification and country of residence, the Platform gives you access to:
- Launchpad — subscription to Offerings of private companies, paid by card;
- Account and verification — account opening, identity verification (KYC) and the investor qualification questionnaire;
- Wallet — binding a wallet to your account, to which your Tokens are issued.
Other modules announced on the Platform (secondary market, tokenized funds, syndicates, Fundraising Board, lending, governance and Academy) are not open. Their conditions will be published before they open.
Coin District does not provide investment advice or personalized recommendations. Information published about Issuers is provided by them under their own responsibility.
5.Subscriptions and orders
A subscription to an Offering becomes binding once you confirm payment. You benefit from a reflection period of [Reflection period] during which you may withdraw your subscription at no cost. If an Offering does not reach its minimum target: [Treatment of subscriptions].
You can follow your subscriptions in your dashboard.
6.Fees
Any fee is shown before you confirm a subscription.
| Service | Fee | Charged when |
|---|---|---|
| Primary subscription (Launchpad) | To be published | [When charged] |
| Account opening | To be published | — |
7.Tokens and wallets
Tokens are recorded in your name on a blockchain register. They use a permissioned standard: they can only be held by, and transferred to, investors whose identity has been verified. Transfers that do not meet these rules are automatically rejected.
Your Tokens are issued to the wallet bound to your account. You are responsible for the security of that wallet and of its private key.
8.CNDT rewards
CNDT is distributed through the airdrop, under the CNDT Airdrop Terms. No other CNDT reward program is open, and CNDT cannot be used on the Platform yet.
CNDT does not represent a share of capital, a debt or a right to profits of Coin District. It has no guaranteed monetary value.
9.Your obligations
You agree to:
- keep your login details confidential;
- invest only funds of lawful origin, in your own name and on your own account;
- not manipulate prices, create multiple accounts or use automated tools to interact with the Platform;
- comply with the tax rules applicable to you and declare your gains where required.
10.Liability
Coin District is bound by an obligation of means in operating the Platform. It is not liable for the performance of Issuers, for changes in the value of Tokens, or for losses resulting from market conditions, blockchain network incidents outside its control, or your failure to keep your access credentials secure.
Nothing in these Terms limits liability that cannot be limited under applicable law, including liability for gross negligence or willful misconduct.
11.Suspension and termination
You can close your account at any time by contacting our team from the contact form. Tokens you hold remain yours: [Treatment of Tokens held when an account is closed].
Coin District may suspend or close an account in the event of a breach of these Terms, suspicion of fraud, or at the request of a competent authority. Except in urgent cases, you will be informed in advance by email.
12.Changes to these terms
We may update these Terms to reflect changes in our services or in the law. You will be notified [Notice period] before any material change takes effect. If you do not accept the new Terms, you may close your account free of charge before they apply.
13.Governing law and disputes
These Terms are governed by [Governing law]. Before any legal action, we encourage you to use our complaints process and, if needed, to refer the matter to the mediator free of charge.
Failing an amicable settlement, any dispute will be brought before [Competent courts], without prejudice to the mandatory rules protecting consumers.
Questions about this document?
Write to us from the contact form.