TERMS & CONDITIONS

TWLV Platform

Governing Law: United Arab Emirates (UAE)

Last updated: December 31, 2025

1. Acceptance of Terms

By accessing, registering on, or participating in any activity related to the TWLV platform ("Platform"), including preorder participation, token reservation, or platform usage, you ("User") confirm that you have read, understood, and agreed to be bound by these Terms and Conditions ("Terms").

If you do not agree to these Terms, you must immediately discontinue use of the Platform.

2. Nature of the TWLV Token

TWLV is a utility token intended solely for access to and use within the TWLV ecosystem.

The TWLV token:

  • is not a security under UAE law
  • is not a financial instrument
  • does not represent ownership, equity, partnership, or shares
  • does not grant rights to profits, dividends, or revenues
  • carries no guarantee of value, liquidity, or appreciation

TWLV is designed for functional use within the Platform and not for speculative or investment purposes.

3. No Investment Offering

Participation in the Platform, including any preorder process, does not constitute:

  • an investment offering
  • a public offering of securities
  • a collective investment scheme
  • a regulated financial activity under UAE law

No regulatory approval from the Securities and Commodities Authority (SCA), ADGM, DIFC, or any UAE authority has been sought or obtained, as such approval is not required for utility-based access tokens.

4. Preorder Participation

4.1 Preorder Description

The preorder process represents a privileged reservation of utility tokens intended for future use within the TWLV ecosystem.

Preorder participation:

  • does not create an expectation of profit
  • does not constitute an investment
  • does not grant legal or financial claims

4.2 Manual Review & Approval

All preorder requests are subject to manual review and discretionary approval.

The Platform reserves the right to:

  • approve or reject any preorder request
  • limit token quantities per participant
  • modify, suspend, or terminate preorder phases
  • issue refunds in accordance with Section 10

4.3 Ownership Limit

To promote decentralization and prevent concentration:

  • Maximum allocation per participant is limited to 1.2% of total TWLV supply
  • Circumvention via multiple accounts or wallets may result in cancellation without compensation

5. Off-Chain Allocation & On-Chain Claim

5.1 Off-Chain Recordkeeping

During preorder phases, TWLV allocations are recorded off-chain within internal Platform systems.

These records:

  • represent a reservation only
  • do not constitute ownership
  • may be adjusted or revoked under these Terms

5.2 Token Claim

TWLV tokens will be delivered during a designated claim phase, at which point Users may receive tokens on-chain to a wallet address they control.

The Platform:

  • does not guarantee a specific claim date
  • is not responsible for incorrect wallet addresses
  • bears no liability for user wallet mismanagement

6. Platform Use & Marketplace

TWLV tokens may be used within the Platform for:

  • accessing curated content and listings
  • purchasing eligible physical assets
  • participating in community features

All marketplace transactions are subject to:

  • availability
  • verification and compliance checks
  • fulfillment terms disclosed at the time of purchase

7. Governance & Community Participation

Any governance or voting features provided are:

  • non-financial
  • advisory in nature
  • non-binding

Participation does not confer legal rights, ownership, or financial entitlements.

8. Humanitarian Allocation

A portion of the TWLV token supply is allocated for humanitarian initiatives.

Users acknowledge that:

  • allocation decisions are discretionary
  • outcomes are not guaranteed
  • participation does not create enforceable obligations

9. User Obligations

Users agree to:

  • provide accurate and truthful information
  • comply with applicable UAE and international laws
  • refrain from unlawful or misleading conduct
  • use the Platform responsibly

The Platform is not liable for:

  • loss of access due to user error
  • loss of private keys
  • third-party wallet or service failures

10. Refunds & Cancellations

The Platform may issue refunds at its sole discretion, including but not limited to cases involving:

  • preorder cancellation
  • technical impossibility
  • regulatory considerations

Refunds:

  • may be full or partial
  • may exclude transaction fees
  • are not guaranteed in all circumstances

11. Risk Disclosure

Users acknowledge the inherent risks associated with:

  • blockchain technology
  • digital assets
  • regulatory changes
  • technological failures

Participation is entirely at the User's own risk.

12. Limitation of Liability

To the maximum extent permitted under UAE law, the Platform and its operators shall not be liable for:

  • indirect or consequential losses
  • loss of funds or opportunity
  • token value fluctuations
  • platform downtime

13. No Advice Disclaimer

Nothing on the Platform constitutes financial, investment, legal, or tax advice.

Users are solely responsible for their decisions and actions.

14. Modifications

The Platform reserves the right to amend these Terms at any time.

Continued use of the Platform constitutes acceptance of any updated Terms.

15. Governing Law & Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the United Arab Emirates.

Any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the United Arab Emirates.

16. Contact

For inquiries regarding these Terms, Users may contact the Platform through official communication channels listed on the website.