Terms

Token Purchase Commitment: By agreeing to these terms, you commit to locking a specified amount of collateral until the Token Generation Event (TGE). This locked amount will be used to purchase a predetermined quantity of tokens or points equivalent to Y tokens at the TGE.

Seller's Obligation: The seller is required to deliver Y tokens (or the equivalent in points worth of tokens) to buyer within 24 hours following the TGE. Failure to do so grants buyer the right to seize Y amount of the seller's collateral.

Market Void and Collateral Refund: In the event that the points do not convert to tokens at the initially agreed ratio, the agreement will be considered void. Consequently, the collateral will be refunded to both parties involved.