4.3 Rights and Obligations of the Fexse Platform
a) Token and NFT Offering Authorization
The Fexse platform has the unilateral authority to determine the number of FEXSE Tokens and NFT Tokens, which are representative of the tokenized assets, the number of supply, pricing principles and terms of sale.
The price of NFT Tokens to be offered for sale is determined based on the current market value of the relevant asset and the reports of authorized valuation experts.
The market supply of tokens, the supply schedule and conditions are defined by the NFT Contract, Yellow Paper, and technical documents specific to the asset.
b) User's Token and NFT Terms of Sale
The User has the right to sell and transfer FEXSE Tokens and NFT Tokens purchased through the Fexse platform only in accordance with the terms set forth in the NFT Contract, Smart Contract and Technical Documentation.
The User may sell or exchange FEXSE Tokens and NFT Tokens on the Fexse platform or, if specified in the relevant technical documentation, on decentralized exchanges such as Uniswap (DeFi) or on centralized exchanges that may be listed in the future.
Sale conditions and limitations are detailed in the NFT Contract and Yellow Paper documents depending on the type of asset.
c) Transparency and Disclosure Obligations of the Platform
The Fexse platform has an obligation to provide transparent information to its users about the token supply and sales processes.
The Platform will keep the following information available and up to date at all times:
Total amount of FEXSE Token and NFT Token issued,
Token supply prices and valuation principles,
Authorized valuation reports,
Ownership and title documents of the tokenized assets offered for sale (in accordance with confidentiality principles),
All technical details regarding the sale will be included separately in the NFT Contract and Yellow Paper.
d) Powers of the Platform and Right of Amendment
Fexse reserves the right to change the token supply, sales conditions and pricing principles on the platform when deemed necessary.
Changes become effective upon prior notification to users via the platform and the NFT Contract and Yellow Paper are updated.
The DAO mechanism is authorized to vote on updating the terms of sale according to the relevant asset type.
e) Intellectual Property Rights
It belongs to the Fexse platform:
All intellectual and industrial rights, including software codes, website, interfaces, designs, databases, contents, trademarks, algorithms and copyrights are owned by Fexse.
The user can access content or software components on the platform:
It may not copy, reproduce, disseminate, reverse engineer.
Fexse reserves the right to take legal action if such violations are detected.
f) Breach of Contract and Account Closure Authorization
In case the User violates the Terms and Conditions of this agreement, Fexse:
It has the authority to suspend, stop, permanently close and restrict the user's account.
Fexse, in breach:
Blocking the user's assets on the platform,
Blocking the transfer of tokens until the damage assessment and legal process is finalized,
The User has the right to deduct the damages arising from the violation from its own account.
g) Malicious Use and Security Breaches
Fexse has the right to suspend the relevant accounts, cancel transactions and take necessary legal measures in case of detection of the following behavior:
Unlawful or malicious transactions,
Installing malware that damages the platform,
Providing unauthorized access to the database,
Carrying out transactions that constitute market manipulation,
Placing buy and sell orders on the platform at unrealistic prices.
h) Transfer of Rights and Obligations
• Fexse may transfer its rights and obligations, debts and receivables arising from this Agreement to third parties without the consent of any User.
• Fexse has the right to carry out transactions in accordance with corporate law, such as share transfers, mergers, public offerings or asset sales.
i) Process Security and Intervention Authorization
Fexse has the necessary supervision and intervention authority to ensure that transactions on the platform are fair, secure and free from manipulation.
Fexse has the right to cancel, reverse or suspend transactions in the following cases:
Orders placed for the purpose of market manipulation,
Abnormal price fluctuations on DeFi platforms like Uniswap,
Trading transactions at unrealistic prices,
Blockchain network congestion or technical glitches,
Unauthorized access or suspicious wallet movements.
Fexse is not liable for any damages and losses that may arise as a result of these interventions. The User agrees that the platform has the necessary authorizations to ensure market stability.
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