1. Nature of the Acquisition: Consumptive Software Utility
You are acquiring $WRTH solely for its immediate and future functional utility within the Weritas Protocol ecosystem. $WRTH is a “Work Token” or “Protocol Credit” required to:
- Identity Minting: Pay the cryptographic gas fees required to mint, update, or verify a Pulse Score™️ Verifiable Credential (VC).
- Network Access: Access the Decentralized Web Node (DWN) infrastructure for identity-linked data queries.
- Decentralized Governance: Exercise technical voting rights within the Weritas DAO to steer protocol parameters.
Acquirer Affirmation: I am purchasing $WRTH as a technical tool. I am not purchasing $WRTH with the expectation of profit derived from the managerial or entrepreneurial efforts of the Weritas Council or any affiliated third party.
2. Explicit Non-Security & Non-Financial Representation
$WRTH is not a financial instrument. By agreeing to these terms, you acknowledge that $WRTH:
- No Ownership: Does not represent equity, shares, or any ownership interest in Weritas Protocol Limited or the Weritas Council.
- No Debt/Claims: Does not represent a debt obligation or a claim on the future earnings of any entity.
- No Dividends: Does not grant any right to passive income, profit-sharing, or dividends.
- Autonomous Value: Any value $WRTH may possess is derived strictly from its programmatic necessity within the decentralized architecture of the protocol.
3. Jurisdictional Restrictions & VPN Policy
Prohibited Jurisdictions: Access to $WRTH is strictly prohibited for residents of, or persons located in, the United States, Canada, and any jurisdictions sanctioned by the BVI, UK, or UN.
Authorized Use: Acquisition by persons in restricted regions is permitted only where such persons are qualified institutional partners acquiring $WRTH for immediate, documented consumptive use within an operational environment.
Anti-Circumvention: The use of VPNs or proxies to bypass geofencing is a material breach of contract. We reserve the right to void the utility of tokens acquired via deceptive location practices.
4. Risk of Decentralized Systems
- Software Vulnerability: $WRTH operates on EVM Compatible Chains and uses Web5 protocols. You assume the risk of smart contract bugs, “governance attacks,” or blockchain-level failures.
- Regulatory Fluidity: You acknowledge that the legal classification of digital assets is evolving. Future regulatory changes may restrict your ability to use or transfer $WRTH.
- Non-Refundable: All acquisitions of $WRTH are final. There are no refunds or exchanges.
5. The “No-Reliance” Clause
You represent that you have sufficient technical expertise to understand the functionality of the Weritas Protocol. You are not relying on any marketing materials, social media projections, or “roadmaps” as a guarantee of future value. Your acquisition is based solely on the current and imminent technical utility of the $WRTH credits.
6. Anti-Money Laundering (AML) & KYC
We reserve the right to require “Know Your Customer” (KYC) verification at any time. Any user found to be engaging in suspicious activity or failing to provide requested identification may have their protocol access restricted.
7. Governing Law & Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands. Any dispute, controversy, or claim arising out of this acquisition shall be settled by final and binding arbitration in the BVI.