TERMS OF USE

DISCLAIMER

The following disclaimer is to be read contextually and applies to the entirety of these terms of use (the “Terms of Use”). You are therefore required to read this disclaimer carefully before reading, accessing, or making any other use of these Terms of Use or taking any action based on them. By accessing these Terms of Use, you agree to be bound by the following terms and conditions, including any modifications made to them from time to time.


Any decision to purchase SoCo Tokens should be based on the full consideration of the Whitepaper, which is supplemented by these Terms of Use. SoccerCoin PTE LTD (the “Company”) reserves the right to (i) make changes to these Terms of Use, the Whitepaper, and any documents linked to the SoCo Token, as well as the holding and use of the SoCo Token, to ensure compliance with applicable regulatory requirements in Singapore, provided that such changes are carried out in accordance with applicable law; and (ii) take any necessary measures to comply with regulatory requirements, including but not limited to, interrupting, suspending, or terminating the operation or trading of the SoCo Token if deemed necessary at the Company’s sole discretion, provided that such measures are taken in accordance with Singaporean law.

LEGAL CLASSIFICATION OF THE SOCO TOKEN

The SoCo Token does not possess the necessary characteristics to be considered electronic money, a virtual token, transferable security, money market instrument, a share in a collective investment scheme, commodity, security, or any other form of financial instrument as defined under the Securities and Futures Act (Chapter 289) or the Payment Services Act (Chapter 222) of Singapore. Furthermore, these Terms of Use and the Whitepaper do not constitute a prospectus and do not constitute an offer to sell financial instruments and/or securities to the public or any offer connected to a collective investment scheme.

LEGAL AND REGULATORY DISCLAIMER

The SoCo Token and the SoccerCoin platform may be subject to regulatory review in various jurisdictions, including Singapore. It is the responsibility of users to ensure that they comply with the legal requirements in their respective country or jurisdiction before acquiring or using SoCo Tokens or trading on the platform. The Company is not liable for any breaches of local laws by users, including the provisions of the Payment Services Act (PSA) and the Securities and Futures Act (SFA) in Singapore. Users based in or accessing the platform from Singapore must ensure that all transactions comply with local legal requirements.

DATA PROTECTION AND PROCESSING

The processing of your personal data is carried out in accordance with the Personal Data Protection Act (PDPA) of Singapore. The Company has implemented appropriate measures to ensure the confidentiality and protection of your personal data. For more information, please refer to our Privacy Policy, which complies with the requirements of the PDPA.

INDEMNITY

Users agree to indemnify, defend, and hold harmless the Company and its subsidiaries, partners, directors, employees, and advisors from any claims, damages, losses, lawsuits, proceedings, liabilities, and costs arising from the breach of these Terms of Use or applicable laws, including the provisions of the PDPA, PSA, and SFA.

INTELLECTUAL PROPERTY

These Terms of Use do not grant users any rights to intellectual property, including the use of information, logos, trademarks, trade names, domain names, or copyrights related to the Company. No implied licenses are granted under these Terms of Use, and all rights not expressly granted are reserved by the Company.

LIMITATION OF LIABILITY AND INDEMNITY

To the maximum extent permitted under Singaporean law:

GOVERNING LAW AND JURISDICTION

These Terms of Use, the Whitepaper, and all agreements arising therefrom are governed by the laws of Singapore, unless otherwise expressly stated. Any person acquiring SoCo Tokens pursuant to these Terms of Use and the Whitepaper submits to the exclusive jurisdiction of the courts of Singapore. This is without prejudice to the Company's right to take action in other competent jurisdictions.