Terms
MC² Ventures FZCO
Entity
MC² Ventures FZCO, registered in Dubai Silicon Oasis, Dubai, United Arab Emirates.
(named as MC² Ventures, or MC²)
Services
MC² offers consulting services for projects in the area of business, marketing, strategy and partnerships.
Independence
Nothing herein shall be construed to create an employer-employee relationship between the Client and MC². MC² is an independent contractor and not an employee of the Client or any of its subsidiaries or affiliates. The consideration set forth in Section 2 shall be the sole consideration due MC² for the services rendered hereunder. It is understood that the Client will not withhold any amounts for payment of taxes from the compensation of MC² hereunder. MC² will not represent to be or hold herself out as an employee of the Client.
Term
If not otherwise noted in the offer document, the maximum time for delivering services from MC² is 2 months after signing. After the maximum delivery time any work not rendered is considered done. The Client has no right to request a refund or to request these services to be delivered on a later time. MC² can, out of goodwill, accept an extension of the delivery time. this has to be done in writing, and stating the offer document in question.
The maximum delivery time can also be called “delivery spread” or “expected delivery spread”.
Confidentiality
In the course of performing its Services, the parties recognize that MC² may come in contact with or become familiar with information which the Client or its subsidiaries or affiliates may consider confidential. This information may include information witch may be of value to a competitor. MC² agrees to keep all such information confidential and not to discuss or divulge it to anyone outside the project parties.
The Client agrees to keep all parts of the contract, including deliveries and especially pricing private and will not communicate this outside the project. The Client notes that knowledge and information gathered or developed for the project by MC² can be used by MC² also outside of the special project, without stating its source.
Liability
MC² accepts no responsibility for any damage, loss, injury (other than liability for personal injury or death as a result of negligence) or disappointment of any kind suffered by the Client in working with MC², including as a result of any Client being successful or unsuccessful except for any liability which cannot be excluded by law. In particular, MC² shall have no liability for loss of profits, business, goodwill, sales or other opportunities.
Intelectual Property Rights
The Client grants MC² a non-exclusive, royalty-free, recovable license of any intellectual property rights in its name and logo to be used in accordance with the terms of the Agreement.
The MC² grants the Client a non-exclusive, royalty-free, recovable license of any intellectual property rights in its name and logo to be used in accordance with the terms of the Agreement.
Restrictive covenants
For the project and for a period of one (1) year immediately thereafter, the Client shall not solicit any employee or independent contractor of MC².
Publicity and Promotion
The Client agrees that completed projects can be promoted on social media and the own websites of MC², without stating details about said project. This includes the Logo of the client to be included in the “featured” sections.
If the Client wishes to use the Logo of MC², or its Team members in form of Advisory on its Website, Pitch Decks etc, it has to seek an independent OK from MC² first.
The Client as well as MC² can anytime revoke the given rights to be named on promotional material in a written form.
Future Token Value (FTV)
In the case, MC² offers partially to be paid in “Future Token Values”, these additional terms apply:
* the delivered products and services stay in the ownership of MC² until also the FTV is delivered to MC².
* the FTV can be delivered in NFTs or in Tokens that are distributed by the Client
* these have to be part of a public mint or ITO, where the price is independently verified by external parties participating in the sale.
* in the case of NFTs, the FTV value will be calculated from the cheapest pre-mint, whitelabel list or private sale that was conducted with the NFT collection. In case of a asset backed NFT, the Asset will not be taken into consideration of the price and deducted.
* in the case of Tokens, the price will be calculated from the current price of tokens for external parties (e.g. investment round). If there was no round involving tokens, it will be taken from the cheapest allocation for tokens available (e.g. the first token round price).
* the FTV has to be delivered 1 week after the minting of the assets.
* the FTV includes a 50% premium to cover additional risks.
e.g. If the FTV in Fiat value is $5.000, the FTV in Token is $7.500 equivalent. If the token price is $0,1, then the total amount of tokens would be 75.000
* in case the Client will discontinue its service, the FTV will not have to be paid. In this case, all IP, rendered work, products and services produced by MC² stay in the sole ownership of MC².
* If in any case, the Clients Company, or its successors will release an NFT or Token collection based on the work of MC², the FTV has to be paid.
No Legal Advice
MC² recommends all Clients to seek independed legal advice for any matter regarding contracts, tokens, NFT and company setup. MC² cannot make legal advice and all suggestions made as part of the consultancy are examples of other companie’s setup and directions for your own research, without being a direct recommendation to the Client.
MC² takes regulations very seriously and does not recommend to circumvent any regulatory requirements.
No Financial Advice
MC² Ventures FZCO, registered in Dubai Silicon Oasis, Dubai, United Arab Emirates.
(named as MC² Ventures, or MC²)
Services
MC² offers consulting services for projects in the area of business, marketing, strategy and partnerships.
Independence
Nothing herein shall be construed to create an employer-employee relationship between the Client and MC². MC² is an independent contractor and not an employee of the Client or any of its subsidiaries or affiliates. The consideration set forth in Section 2 shall be the sole consideration due MC² for the services rendered hereunder. It is understood that the Client will not withhold any amounts for payment of taxes from the compensation of MC² hereunder. MC² will not represent to be or hold herself out as an employee of the Client.
Term
If not otherwise noted in the offer document, the maximum time for delivering services from MC² is 2 months after signing. After the maximum delivery time any work not rendered is considered done. The Client has no right to request a refund or to request these services to be delivered on a later time. MC² can, out of goodwill, accept an extension of the delivery time. this has to be done in writing, and stating the offer document in question.
The maximum delivery time can also be called “delivery spread” or “expected delivery spread”.
Confidentiality
In the course of performing its Services, the parties recognize that MC² may come in contact with or become familiar with information which the Client or its subsidiaries or affiliates may consider confidential. This information may include information witch may be of value to a competitor. MC² agrees to keep all such information confidential and not to discuss or divulge it to anyone outside the project parties.
The Client agrees to keep all parts of the contract, including deliveries and especially pricing private and will not communicate this outside the project. The Client notes that knowledge and information gathered or developed for the project by MC² can be used by MC² also outside of the special project, without stating its source.
Liability
MC² accepts no responsibility for any damage, loss, injury (other than liability for personal injury or death as a result of negligence) or disappointment of any kind suffered by the Client in working with MC², including as a result of any Client being successful or unsuccessful except for any liability which cannot be excluded by law. In particular, MC² shall have no liability for loss of profits, business, goodwill, sales or other opportunities.
Intelectual Property Rights
The Client grants MC² a non-exclusive, royalty-free, recovable license of any intellectual property rights in its name and logo to be used in accordance with the terms of the Agreement.
The MC² grants the Client a non-exclusive, royalty-free, recovable license of any intellectual property rights in its name and logo to be used in accordance with the terms of the Agreement.
Restrictive covenants
For the project and for a period of one (1) year immediately thereafter, the Client shall not solicit any employee or independent contractor of MC².
Publicity and Promotion
The Client agrees that completed projects can be promoted on social media and the own websites of MC², without stating details about said project. This includes the Logo of the client to be included in the “featured” sections.
If the Client wishes to use the Logo of MC², or its Team members in form of Advisory on its Website, Pitch Decks etc, it has to seek an independent OK from MC² first.
The Client as well as MC² can anytime revoke the given rights to be named on promotional material in a written form.
Future Token Value (FTV)
In the case, MC² offers partially to be paid in “Future Token Values”, these additional terms apply:
* the delivered products and services stay in the ownership of MC² until also the FTV is delivered to MC².
* the FTV can be delivered in NFTs or in Tokens that are distributed by the Client
* these have to be part of a public mint or ITO, where the price is independently verified by external parties participating in the sale.
* in the case of NFTs, the FTV value will be calculated from the cheapest pre-mint, whitelabel list or private sale that was conducted with the NFT collection. In case of a asset backed NFT, the Asset will not be taken into consideration of the price and deducted.
* in the case of Tokens, the price will be calculated from the current price of tokens for external parties (e.g. investment round). If there was no round involving tokens, it will be taken from the cheapest allocation for tokens available (e.g. the first token round price).
* the FTV has to be delivered 1 week after the minting of the assets.
* the FTV includes a 50% premium to cover additional risks.
e.g. If the FTV in Fiat value is $5.000, the FTV in Token is $7.500 equivalent. If the token price is $0,1, then the total amount of tokens would be 75.000
* in case the Client will discontinue its service, the FTV will not have to be paid. In this case, all IP, rendered work, products and services produced by MC² stay in the sole ownership of MC².
* If in any case, the Clients Company, or its successors will release an NFT or Token collection based on the work of MC², the FTV has to be paid.
No Legal Advice
MC² recommends all Clients to seek independed legal advice for any matter regarding contracts, tokens, NFT and company setup. MC² cannot make legal advice and all suggestions made as part of the consultancy are examples of other companie’s setup and directions for your own research, without being a direct recommendation to the Client.
MC² takes regulations very seriously and does not recommend to circumvent any regulatory requirements.
MC² has not and does not render legal advise or offer legal assistance.
No Financial Advice
MC² supports and empowers amazing web3 projects.
But any project can have a different trajectory and status therefore these projects are not endorsed for investments by MC² or its team and advisors.
MC² is not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. We are not regulated by the Financial Services Authority.
But any project can have a different trajectory and status therefore these projects are not endorsed for investments by MC² or its team and advisors.
MC² is not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. We are not regulated by the Financial Services Authority.
Do Your Own Research
Our content is intended to be used for information and education purposes only. It is very important to do your own analysis before making any legal or investment decisions. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website, through our workshops or our social media accounts. This also includes workshops, direct calls & mentoring sessions.
Our content is intended to be used for information and education purposes only. It is very important to do your own analysis before making any legal or investment decisions. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website, through our workshops or our social media accounts. This also includes workshops, direct calls & mentoring sessions.
No Reliance
Accordingly, we will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information. Any arrangements between you and any third party introduced via MC² are at your sole risk.
Investment Warnings
We would like to draw your attention to the following important investment warnings.
Accordingly, we will not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damage, expense or other loss you may suffer arising out of such information or any reliance you may place upon such information. Any arrangements between you and any third party introduced via MC² are at your sole risk.
Investment Warnings
We would like to draw your attention to the following important investment warnings.
- The value of shares and investments and the income derived from them can go down as well as up;
- Investors may not get back the amount they invested - losing one's shirt is a real risk;
- Past performance is not a guide to future performance.
MC² VENTURES