This Token Sale Terms & Conditions was last updated on 01 February 2023.

These Terms govern your access to and use of doublejack.world. See also the Privacy Policy and Disclaimer.

The following Terms and Conditions (“Terms“) govern your (“you” or the “Purchaser”) purchase of cryptographic tokens (“DJCK”) from doublejack.world Ltd., a company registered in BVI (the “Company”). Each of you and the Company is a “Party” and, together, the “Parties” to these Terms. This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the DJCK token sale.

IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE DJCK FROM THE COMPANY. BY PURCHASING DJCK FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, PLEASE CONTACT THE COMPANY AT info@doublejack.world. By purchasing DJCK, and to the extent permitted by law, you are agreeing not to hold any of the the Company and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “djw Team”) liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of DJCK, including losses associated with the terms set forth below.

DO NOT PURCHASE DJCK IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. PRIOR TO PURCHASING DJCK, YOU SHOULD CAREFULLY CONSIDER THE TERMS LISTED BELOW AND, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT PURCHASE DJCK.

PURCHASES OF DJCK SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS, ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. PURCHASERS SHOULD HAVE A FUNCTIONAL UNDERSTANDING OF STORAGE AND TRANSMISSION MECHANISMS ASSOCIATED WITH OTHER CRYPTOGRAPHIC TOKENS. WHILE THE COMPANY WILL BE AVAILABLE TO ASSIST PURCHASERS OF DJCK DURING THE SALE, THE COMPANY WILL NOT BE RESPONSIBLE IN ANY WAY FOR LOSS OF DJCK RESULTING FROM ACTIONS TAKEN BY, OR OMITTED BY PURCHASERS. IF YOU DO NOT HAVE SUCH EXPERIENCE OR EXPERTISE, THEN YOU SHOULD NOT PURCHASE DJCK OR PARTICIPATE IN THE SALE OF DJCK. YOUR PARTICIPATION IN DJCK SALE IS DEEMED TO BE YOUR UNDERTAKING THAT YOU SATISFY THE REQUIREMENTS MENTIONED IN THIS PARAGRAPH.

PURCHASER AGREES TO BUY, AND COMPANY AGREES TO SELL, THE DJCK TOKENS IN ACCORDANCE WITH THE FOLLOWING TERMS:

1. Conditions to DJCK Token Sale

YOU MAY NOT MAKE A ACQUIRE A DJCK TOKEN IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OR GREEN CARD HOLDER OF ANY COUNTRY/JURISDICTION THAT IS ON HIGH RISK WATCH LIST AS SUPPLIED BY SHUFTIPRO.
When you purchase, or otherwise receive, a DJCK token, you may only do so by accepting the following conditions and, by doing so, you warrant and represent that the following are a true and accurate reflection of the basis on which you are acquiring the DJCK tokens:

  • neither the Company nor any of the doublejack Team or companies has provided you with any advice regarding whether DJCK is a suitable investment for you;
  • you have sufficient understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, as well as blockchain-based software systems generally;
  • you are legally permitted to receive and hold and make use of DJCK in your and any other relevant jurisdiction;
  • you will supply us with all information, documentation or copy documentation that we require in order to allow us to accept your purchase of DJCK and allocate DJCK to you;
  • you have not supplied us with information relating to your acquisition of DJCK or otherwise which is inaccurate or misleading;
  • you will provide us with any additional information which may be reasonably required in order that we can fulfil our legal, regulatory and contractual obligations, including but not limited to any anti-money laundering obligation;
  • you will notify us promptly of any change to the information supplied by you to us;
  • you are of a sufficient age (if an individual) to legally obtain DJCK, and you are not aware of any other legal reason to prevent you from obtaining DJCK;
  • you take sole responsibility for any restrictions and risks associated with receiving and holding DJCK;
  • by acquiring DJCK, you are not making a regulated investment, as this term may be interpreted by the regulator in your jurisdiction;
  • you are not obtaining or using DJCK for any illegal purpose, and will not use DJCK for any illegal purpose;
  • you waive any right you may have / obtain to participate in a class action lawsuit or a class wide arbitration against any entity or individual involved with the sale of DJCK;
  • your acquisition of DJCK not involve your purchase or receipt of shares, ownership or any equivalent in any existing or future public or private company, corporation or other entity in any jurisdiction;
  • to the extent permitted by law and provided we act in good faith, the Company makes no warranty whatsoever, either expressed or implied, regarding the future success of DJCK and/or the Stellar Network;
  • you accept that DJCK is created and you obtain DJCK on an “as is” and “under development” basis. Therefore, provided the Company acts in good faith, you accept that the Company is providing DJCK without being able to provide any warranties in relation to DJCK, including, but not limited to, title, merchantability or fitness for a particular purpose;
  • you accept that you bear sole responsibility for determining if (i) the acquisition, the allocation, use or ownership of DJCK (ii) the potential appreciation or depreciation in the value of DJCK over time, if any, (iii) the sale and purchase of DJCK; and/or (iv) any other action or transaction related to DJCK has tax implications.

2. Overview of DJCK Sale

DJCK is required for proper operation and comprehensive utilization of djw (as defined in the white paper (the “White Paper”) provided at www.doublejack.world (the “Website”) as of the date the Purchaser acquires DJCK token). After the DJCK sale, each DJCK is backed by the purchase of the underlying assets, as described in the White Paper. To the extent they do not contradict these Terms, the rights connected to DJCK are subject to the limitations set out in the White Paper, but this should in no case create obligations for the Company in addition to the ones contained in these Terms. The Company reserves the right to circumvent the algorithm used to select the underlying assets if it believes, in its sole discretion, that such selected underlying assets could adversely affect the Company or DJCK from a regulatory or legal perspective. The Company shall have the right to sell any such underlying assets (if already part of DJCK portfolio) and block their acquisition.

The maximum total amount of DJCK to be issued is 10,000,000,000. DJCK are generated as Purchasers buy them and the total supply of DJCK will be fixed after the end of the DJCK sale. No more DJCK will be issued after the end of the DJCK sale, as described in the preceding paragraph. Ownership of DJCK during the DJCK token sale carries no rights express or implied. Purchases of DJCK are non-refundable.

The anticipated distribution of the DJCK tokens is outlined in detail on the Tokenomics page which can be found here https://doublejack.world/tokenomics/.

3. DJCK Price

Purchasers in the DJCK token sale will be allocated their DJCK tokens in exchange for any token on the Stellar Network at the following rate:

  • During the IDO (Initial Dex Offering) in quarter 1 of 2023, the price per token will be $0.08 (USDC/XLM Pair).
  • This price is in effect for the first 80,000,000 tokens which is offered as a private sale.
  • The price will be adjusted automatically based on the revenue model outlined in the whitepaper.

The US Dollars to XLM exchange rate is used to dynamically set the XLM to DJCK rate. As a result, for the duration of the DJCK sale, the price to purchase a DJCK will be set as an amount in XLM/USDC Pair.

Purchaser would be required to register an account on doublejack.world when the token sale starts and will receive their tokens distributed to their XLM wallet on doublejack.world with the appropriate vesting period applied.

4. Timing of DJCK Token Sale

The DJCK sale begins on 15 February 2023 and ends when the supply has been sold out. The Company reserves the right to change the sale dates or extend the sale duration for any reason, including the unavailability of the Website or other unforeseen security or procedural issues. The general public will be able to see the total number of DJCK tokens currently sold, as well as the distribution of all DJCK tokens between the participating accounts. In the spirit of openness, the Company will constantly update on the Website the number of tokens sold as well as the share of DJCK tokens allocated to the shareholders of Company. Furthermore, the accounts used to store XLM during the DJCK sale duration will be publically available and their balances will also be made available on the Website.

5. After the DJCK Token Sale

The Purchasers should have no expectation of influence over governance of the Company. The Company will provide you with an official and regular audit conducted on token sale. Through this audit, you can track and confirm the amount raised by the token holders. Access to the audit results does not constitute a DJCK purchase receipt or indicate in any way that the party possessing such access has rights to or ownership of the purchased DJCK tokens.

Prior to a Purchaser selling DJCK after the DJCK token sale completion, such Purchaser shall ensure that the buyer of any such DJCK undertakes to comply with all the provisions of these Terms as if such person were a Purchaser in the DJCK token sale.

6. All purchases of DJCK are final

ALL PURCHASES OF DJCK ARE FINAL. PURCHASES OF DJCK ARE NON-REFUNDABLE. BY PURCHASING DJCK, THE PURCHASER ACKNOWLEDGES THAT NEITHER THE COMPANY NOR ANY OF ITS AFFILIATES, DIRECTORS OR SHAREHOLDERS ARE REQUIRED TO PROVIDE A REFUND FOR ANY REASON.

IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY INDIVIDUALS OR ENTITIES OWNING DJCK CREATES MATERIAL REGULATORY OR OTHER LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND/OR DJCK, THE COMPANY RESERVES THE RIGHT TO: (A) BUY ALL DJCK FROM SUCH DJCK OWNERS AT THE THEN-EXISTING MARKET PRICE AND/OR (B) SELL ALL CRYPTOCURRENCY ASSETS OF THE COMPANY.

7. Taxation of DJCK and Taxation Related to the Token Sale

The Purchaser bears the sole responsibility to determine if the purchase of DJCK with XLM and USDC or the potential appreciation or depreciation in the value of DJCK over time has tax implications for the Purchaser in the Purchaser’s home jurisdiction. By purchasing DJCK, and to the extent permitted by law, the Purchaser agrees not to hold any of the Company, its affiliates, shareholders, director, or advisors liable for any tax liability associated with or arising from the purchase of DJCK.

8. Privacy

The Purchasers may be contacted by email by the Company. Such emails will be informational only. The Company will not request any information from Purchasers in an email. See our Privacy Policy available on the Website for additional information

9. Force Majeure

The djw Team or the companies are not liable for failure to perform solely caused by:

  • unavoidable casualty,
  • delays in delivery of materials,
  • embargoes,
  • government orders,
  • acts of civil or military authorities,
  • acts by common carriers,
  • emergency conditions (including weather conditions),
  • security issues arising from the technology used,

or any similar unforeseen event that renders performance commercially implausible. If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the Terms, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.

10. Disclaimer of Warranties

THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING DJCK AT THE PURCHASER’S SOLE RISK AND THAT DJCK IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE DJW TEAM OR COMPANIES WARRANTS THAT THE PROCESS FOR PURCHASING DJCK WILL BE UNINTERRUPTED OR ERROR-FREE.

11. Limitations Waiver of Liability

THE PURCHASER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO (i) USE OF, OR INABILITY TO USE, DJCK OR (ii) THE DJW TEAM OR COMPANIES UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NONE OF THE DJW TEAM OR COMPANIES SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, DJCK, OR ARISING OUT OF ANY INTERACTION WITH THE SMART CONTRACT IMPLEMENTED IN RELATION TO DJCK. THE PURCHASER FURTHER SPECIFICALLY ACKNOWLEDGES THAT THE DJW TEAM OR COMPANIES ARE NOT LIABLE FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER PURCHASERS OF DJCK, AND THAT THE RISK OF PURCHASING AND USING DJCK RESTS ENTIRELY WITH THE PURCHASER. TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL ANY OF THE DJW TEAM OR COMPANIES BE LIABLE TO ANY PURCHASER FOR MORE THAN THE AMOUNT THE PURCHASER HAVE PAID TO THE COMPANY FOR THE PURCHASE OF DJCK. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO A PURCHASER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY PURCHASER OR EXCLUDE INJURY ARISING FROM ANY WILFUL MISCONDUCT OR FRAUD OF THE DJW TEAM OR COMPANIES.

12. Complete Agreement

These Terms set forth the entire understanding between the Purchaser and the Company with respect to the purchase and sale of DJCK. For facts relating to the sale and purchase, the Purchaser agrees to rely only on the Terms in determining purchase decisions and understands that the Terms govern the sale of DJCK and supersede any public statements about the DJCK token sale made by third parties or by the djw Team or individuals associated with any of the djw Team, past and present and during the DJCK token sale.

13. Severability

The Purchaser and the Company agree that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.

14. No Waiver

The failure of the Company to require or enforce strict performance by the Purchaser of any provision of these Terms or the Company’s failure to exercise any right under these Terms shall not be construed as a waiver or relinquishment of the Company’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by the Company of any provision, condition, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in these Terms, no representations, statements, consents, waivers, or other acts or omissions by the djw Team or companies shall be deemed a modification of these Terms nor be legally binding.

15. Updates to the Terms

The Company reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms at any time during the sale by posting the amended Terms on the Website. Any Purchaser will be deemed to have accepted such changes by purchasing DJCK. The Terms may not be otherwise amended except by express consent of both the Purchaser and the Company.

16. Cooperation with Legal Authorities

The Company will cooperate with all law enforcement enquiries, subpoenas, or requests provided they are fully supported and documented by the law in the relevant jurisdictions.

17. Indemnification

To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless the djw Team or companies from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise from or relate to: (i) your purchase or use of DJCK; (ii) your responsibilities or obligations under these Terms; (iii) your violation of these Terms; or (iv) your violation of any rights of any other person or entity.
The Company reserves the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this Section 18. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and the Company.

18. Security

You are responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism you use to receive and hold DJCK purchased from the Company, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If your private key(s) or other access credentials are lost, you may lose access to your Tokens. The Company is not responsible for any losses, costs or expenses relating to lost access credentials.

19. Language

Currently, only English versions of any djw communications is considered official. The English version shall prevail in case of differences in translation.

20. Governing Law

The Terms, the arbitration clause contained in them, and all non-contractual obligations arising in any way whatsoever out of or in connection with these Terms are governed by, construed, and take effect in accordance with the law at the company’s location.

21. Arbitration

Any dispute or difference arising out of or in connection with these Terms or the legal relationships established by these Terms, including any question regarding its existence, validity or termination (“Dispute”), shall be referred to and finally resolved by arbitration under the LCIA Rules which will be deemed to be incorporated by reference into this clause, save for any waiver of any rights the parties would otherwise have to any form of appeal or recourse to a court of law or other judicial authority, which rights are expressly reserved. The number of arbitrators shall be three. The seat of the arbitration shall be Road Town, BVI. The language of the arbitration shall be English.

A dispute arising out of or related to these Terms is personal to you and the Company and 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 attempts 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.