Terms of Sale
1. Eligible Purchasers
Participation in the ABTU Token Generation Event (“TGE”) is strictly limited to persons and entities who are legally permitted to purchase utility tokens under the laws of their jurisdiction. By participating, the purchaser warrants they are not prohibited from acquiring utility tokens and have conducted their own legal due diligence regarding the permissibility of such activities in their country of residence.
2. Restricted Jurisdictions
ABTU tokens may not be sold, distributed, or transferred directly or indirectly to:
- U.S. Persons (as defined under Regulation S of the U.S. Securities Act of 1933), unless qualified as “accredited investors” under SEC regulations and expressly approved by the Issuer.
- Residents, citizens, or entities located in the People’s Republic of China.
- Residents or citizens of jurisdictions subject to sanctions by the United Nations, European Union, United States, United Kingdom, or Switzerland.
- Any other jurisdiction where participation in token offerings is prohibited or subject to regulatory approval not obtained by the issuer.
Participation via intermediaries, VPNs, or nominee structures for the purpose of circumventing these restrictions is expressly prohibited.
3. Nature of ABTU Tokens
ABTU tokens are strictly utility tokens. They provide access to Abatis licences, products, and services, including cybersecurity solutions, hardware devices, digital custodianship, and platform integrations.
- ABTU tokens do not represent or confer any rights to equity, debt, profit-sharing, dividends, management, voting, governance, or ownership interests of Abatis Security Innovations and Technologies GmbH or any affiliates.
- ABTU tokens shall not be construed as securities, investment contracts, or financial instruments in any jurisdiction.
4. Vesting, Lock-Up, and Redemption
- Private Placement and Early Rounds: Tokens issued under private placement and early sales are subject to a 12-month lock-up period, followed by 18 months of linear vesting as outlined in sale documentation and detailed in the ABTU Whitepaper.
- Public Sale: Tokens offered in the public round (targeted March 2026) will be fully liquid upon listing, unless otherwise specified.
- Redemption: ABTU tokens are redeemable for Abatis licences and products, with preferential discount redemption rights tapering over the first 36 months post-TGE (see Whitepaper for details).
5. Transfer & Resale Restrictions
Purchasers agree not to resell, assign, or transfer ABTU tokens in any manner that violates applicable laws, regulations, sanctions, or the limitations set out herein and in sale documentation.
Secondary sales may be subject to further restrictions and requirements imposed by exchanges, regulators, or local law.
6. KYC/AML Requirements
All purchasers must complete satisfactory Know Your Customer (“KYC”) and Anti-Money Laundering (“AML”) verification in accordance with Swiss law and applicable EU/UK standards.
- The issuer reserves the right to reject, suspend, or cancel any subscription for tokens where KYC/AML requirements are not fully satisfied.
7. Data Protection & Privacy
- Personal data submitted for KYC/AML or transaction purposes will be processed in compliance with Swiss and EU General Data Protection Regulation (GDPR) standards.
- See the [Issuer’s Privacy Policy] for details on data collection, processing, retention, and subject rights.
8. No Circumvention
Purchasers may not use intermediaries, VPNs, nominee structures, or other mechanisms to evade eligibility, jurisdiction, or regulatory limitations. Any attempt to circumvent these restrictions will result in immediate cancellation of purchase, nullification of ABTU allocation, and potential reporting to authorities.
9. No Offer, Investment Advice, or Guarantee
- Participation in the ABTU TGE does not constitute investment advice, solicitation, or recommendation.
- ABTU tokens are not intended for investment purposes.
- The issuer makes no guarantee, representation, or assurance regarding future listing, price, liquidity, resale, or market value of ABTU tokens.
- Purchasers should consult their own legal, tax, accounting, and financial advisors regarding participation.
10. Risks
Purchasers acknowledge and accept all risks associated with the acquisition and use of ABTU tokens, including but not limited to:
- Regulatory risks: Laws and regulations evolving globally may prohibit, restrict, or otherwise impact participation or token operations.
- Adoption, competition, and liquidity risks: Market and technological factors may affect ABTU adoption, trading volumes, and demand.
- Technology, operational, and smart contract risks: Technical defects, bugs, or security vulnerabilities may adversely affect redemption, vesting, or use.
- Cyber and insider risks: Despite core preventative capabilities, no system is immune from misuse or attack.
For a complete risk assessment, purchasers are advised to review Section 14 (“Risk Disclosures”) of the ABTU Whitepaper.
11. Governing Law & Jurisdiction
These Terms of Sale, and all purchases, transfers, and uses of ABTU tokens, are governed by and construed in accordance with the laws of Switzerland.
- Disputes arising in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of Zurich, Switzerland.
12. Amendment and Updates
The issuer reserves the right to amend these Terms from time to time to reflect changes in law, regulation, or operational requirements.
- All material updates will be disclosed via the official Abatis website and/or directly to purchasers, as appropriate.
By participating in the ABTU Token Generation Event, purchasers expressly acknowledge and agree to these Terms of Sale.
Purchaser Acknowledgements and Representations
By participating in the ABTU Token Generation Event, each purchaser represents and warrants that they:
• Have sufficient knowledge and experience in financial and business matters to evaluate the merits and risks of purchasing ABTU tokens;
• Are able to bear the entire risk of a loss of their purchase;
• Are acquiring ABTU tokens for their intended utility use and not for speculative investment or financial gain;
• Understand that ABTU tokens do not represent equity, debt, or ownership rights in the Issuer or any affiliated entity.
Tax Liability
Each purchaser is solely responsible for determining and complying with any tax obligations arising from the acquisition, holding, or use of ABTU tokens. The Issuer makes no representations regarding tax treatment and accepts no liability for any taxes, duties, or similar assessments incurred by purchasers.
Limitation of Liability and Force Majeure
To the maximum extent permitted by law, the Issuer shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits, arising out of, or relating to the purchase or use of ABTU tokens. In no event shall the Issuer’s aggregate liability exceed the amount paid by the purchaser for ABTU tokens. The Issuer shall not be liable for any failure or delay in performance caused by circumstances beyond its reasonable control, including acts of God, natural disasters, cyberattacks, labour disputes, regulatory changes, or failures of exchanges or third-party service providers.
Dispute Resolution
Any dispute, controversy, or claim arising out of or relating to these Terms of Sale, including the validity, invalidity, breach, or termination thereof, shall be subject to the exclusive jurisdiction of the courts of Zurich, Switzerland. At the Issuer’s sole discretion, disputes may alternatively be referred to and finally resolved by arbitration under the Swiss Chambers’ Arbitration Institution, in accordance with its rules in effect at the time of the dispute.
Token Functionality Disclaimer
The functionality, features, and availability of ABTU tokens are subject to ongoing development and technical integration. The Issuer makes no guarantees that all planned functionalities will be available at the time of the Token Generation Event or thereafter, and delays, modifications, or changes to token functionality shall not give rise to any claim for damages or refunds.