REGULATIONS for ICO Honestis.Network
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Terms and Conditions
These  Terms  and  Conditions  is  a  contract  between  the  user  and
and  applies  to  your  use  of  the  HONESTIS.NETWORK    website
(https://Honestis.Network    )  and  any  services  provided  in  conjunction  with  the
website and association with HONESTIS.NETWORK .
In these Terms and Conditions:
- Terms and Conditions also referred as Agreement
- The user also referred as you, user or your
- Honestis.Network   is also referred as Honestis.Network  , HONESTIS.NETWORK ,  
HNT, we, us or our
- Honestis.Network  website (https://Honestis.Network  ) is also referred as website.
When using this Website or Services, the user shall be deemed to  have accepted and
agreed to be bound by the terms and conditions of  this Agreement, and our Privacy
Policy. Website and Services usage includes viewing, transmitting, caching or storing
any  part  of  the  website  or  using  any  functions,  materials  or  content  offered  by
HONESTIS.NETWORK  in or on the website. In addition, when using the website and
the  services,  user  agrees  to  any  posted  guidelines  or  rules  applicable  to  a  particular
service. HONESTIS.NETWORK  reserves the right to post and modify any part of this
agreement at any time.
Please do not use this website or any HONESTIS.NETWORK  ís services if you do not
accept any of these terms and conditions or the privacy policy. By proceeding to use
this service, you also agree that any disputes between you and HONESTIS.NETWORK  
will be resolved by binding, individual arbitration and any of the rights to participate in
a class action lawsuit or class arbitration are waived by you.
Honestis.Network   reserves the right, at its sole and absolute discretion and without
giving prior notice, to vary, modify, add or remove features, or amend any content on
the website and its service or any of the terms or conditions of this Agreement under
which the Services are offered, form time to time. Any such change will be notified on
the Website. User shall be deemed to have accepted and agreed to any such change if
you access or use the Website after the change was notified on the Website.
Honestis.Network   reserves the right, at its sole and absolute discretion and without
giving prior notice to block or restrict access to, or terminate, withdraw, suspend, this
Agreement or your use of the Website.
Honestis.Network  shall not be liable for any loss, liability or damage, which may be
incurred as a result. We reserve the right to terminate user access to Honestis.Network   
website  or  its  services  for  any  reason,  including  but  not  limited  to  breaches  of  our
Terms and Conditions, at our sole and absolute discretion.
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1.  Undertaking by user:
You undertake:
1.1 to ensure that any information you post, or permit or cause to  be posted, on the
Website,  shall  be  non-confidential  or  non-proprietary  unless  you  expressly  indicate
otherwise,  and  not  offensive,  illegal  under  any  applicable  law,  and  that  you  shall  be
responsible for the contents therein;
1.2 to promptly provide to us, upon request, any additional information, which we may
consider necessary in providing services on the Website;
1.3  not  to  use  the  Website  for  any  illegal  purpose  (such  as  money  laundering  or
terrorism  financing  activities)  or  in  any  other  banner  inconsistent  with  these  Terms
and Conditions;
1.4 not to access information or data, which you are not authorized to access;
1.5 not to violate or attempt to violate the security of the Website; and
1.6 not to hack into, interfere with, disrupt, disable, overburden  or otherwise impair
the proper working of the Website or other Honestis.Network  ís services;
1.7 to indemnify Honestis.Network  , and its directors, officers, employees, agents, and
representatives  from  and  against  all  losses,  claims,  damages,  payments,  liabilities,
costs, fines, taxes, penalties and expenses (including the amount paid in settlement of
any  claim,  action,  suit  or  proceeding  and  the  fees  and  expenses  of  counsel  incurred
obtaining advice in respect of, or in defending or settling, any such
claim,  action,  suit  or  proceeding)  of  whatsoever  nature  or  kind  to  which  they  may
become subject or otherwise involved by reason of or in any what is arising out of the
course of business.
2.  Exclusion of Liability
Honestis.Network      shall  in  no  event  be  liable  (whether  in  an  action  in  negligence,
contract or  tort based on a warranty or otherwise) for any damage, loss, expense or
costs  of  any  kind  (including  loss  of  profits,  revenue,  or  loss  or  inaccuracy  of  data),
whether  direct  or  indirect,  incidental,  punitive,  special,  consequential  or  economic,
even if Honestis.Network   or its representatives are advised of the possibility of such
damages, howsoever caused as a result, directly or indirectly, of or arising form or in
connection with:
- any access, the use or inability to access or use of the Website, the Desktop Client or
any of the Services;
- your reliance on or use or inability to use the content and information of the Website
or any linked website;
- any failure of performance, error, omission, interruption, defect, delay in operation
or transmission, computer virus or line or system failure of the Website or any linked
- the cost of procurement of substitute goods and services  resulting from any goods,
data,  information  or  services  purchased  or  obtained  or  messages  received  or
transactions entered into through or from the Website;
- unauthorized access to or alteration of your transmissions or data;
- statements or conduct of any third party on the Website; or
- any other matter relating to the Website
3.  Confidentiality and Security
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Users  are  responsible  for  maintaining  the  confidentiality  and  Security  of  his/her
private  keys,  and  accept  responsibility  for  all  activities  that  occur  under  his/her
account. You must notify us immediately if the security of your login or password has
been breached or compromised.
4.  Intellectual Prosperity
Unless  otherwise  stated,  the  content  and  information  on  this  Website  aren  the
property  of  Honestis.Network      and/or  other  parties.  You  may  not  download,
reproduce,  or  retransmit  any  information,  other  than  for  noncommercial  individual
use.  This  Website  is  to  be  used  by  Users  only.  Users  aren  granted  a  limited,
nontransferable, revocable license to view and copy the information solely for internal
use only, subject to the restrictions below. All intellectual property rights comprised in
the information, text, graphics, logos, images, video and audio clips, data compilations,
scripts,  software,  technology,  sound  or  any  other  materials  or  Works  found  in  the
Website  shall  vest  in  and  remain  with  Honestis.Network  .  You  aren  permitted  to
download and print such materials from the website for personal and noncommercial
use  provided  that  you  do  not  breach  these  Terms  and  Conditions.  You  are  not
permitted  to  copy,  transfer,  distribute,  reverse  compile,  adapt,  modify,  reproduce,
republish, display, broadcast, hyperlink or transmit in any manner or by any means or
store  in  any  information  retrieval  system,  any  part  of the  Website  without the  prior
written permission of Honestis.Network   
5.  Links to the Other Websites
The  Website  may  contain  hyperlinks  to  websites  which  are  not  maintained  nor
controlled  by  Honestis.Network    .  All  hyperlinks  to  such  websites  are  Provider  as  a
convenience to you. Use of the hyperlinks and access to suche websites are entirely at
your own risk. Honestis.Network   disclaims all responsibility and liability for any third
party content contained in websites linked to this Website and shall not be liable for
any damages or loss arising from your access to or use of such websites. The inclusion
of any hyperlink does not imply endorsement by Honestis.Network   of such websites.
Under  no  circumstances  shall  Honestis.Network      be  considered  to  be  associated  or
affiliated in whatever manner with any trade or service marks, logos, insignia or other
devices used or appearing on websites to which the Website is linked.
6.  Disclaimers
The contents of the Website and system are provided on an as is and as available basis
without warranties of any kind and are made available for your general information
only. No warranty of any kind, express, implied or statutory, is given in conjunction
with  the  contents  of  the  Website  and  the  tools  contained  in  the  Website  in  general.
While every effort is made to ensure that all information contained in the Website is
correct,  Honestis.Network      does  not  warrant  the  accuracy,  adequacy,  correctness,
completeness, reliability, timeliness, non-infringement, title, merchantability or fitness
for  any  purpose  of  the  information  on  the  Website  or  any  website  linked  to  the
Website, or that the information available on the Website, or associated therewith, will
be uninterrupted or error-free or that defects will be corrected or that this Website will
be free from viruses, virus attacks or other harmful elements, and expressly disclaims
liability for the same and any errors or omissions.
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Honestis.Network      does  not  guarantee  the  confidentiality  or  privacy  of  any
communication  or  information  transmitted  on  the  Website  or  any  site  linked  to  the
Website.  We  will  not  be  liable  for  the  privacy  or  Security  of  information,  email
addresses,  registration  and  identification  information,  disk  space,  communications,
confidential  or  proprietary  information,  or  any  other  content  transmitted  over
networks accessed by the site, or otherwise connected with your use of the Website.
7.  Limitations
Use of  Honestis.Network    and HNT TOKENS may carry financial risk,  and is to  be
used as an experimental software product only. You acknowledge that purchasing HNT
TOKENS (or any other digital tokens offered by Honestis.Network  ) involves risk and
in no event shall Honestis.Network   be liable or responsible for any damages, claims,
applications,  losses,  injuries,  delays,  accidents,  costs,  business  interruption  costs,  or
other expenses (including, without limitation, attorneys fees or the costs of any claim
or suit), nor for any incidental, direct, indirect, general, special, punitive, exemplary, or
consequential damages, loss of goodwill or business profits, loss of cryptocurrency or
digital assets, work stoppage, data loss, computer failure or malfunction, or any other
commercial or other losses directly or indirectly arising out of or related to: our Terms;
the Privacy and Transparency Statement; any service of Honestis.Network  ; the Sue of
Honestis.Network    ;  any  use  of  your  digital  assets  or  cryptocurrency  on
Honestis.Network    by  any  other  party  not  authorized  by  you  (collectively,  all  of  the
foregoing  items  shall  be  referred  to  herein  as  Losses).  Honestis.Network      is  hereby
released  by  you  from  liability  for  any  and  all  Losses.  We  disclaim  any  and  all
warranties or guarantees, including any warranty of merchantability and warranty of
fitness  for  any  particular  purpose.  The  foregoing  limitations  of  liability  shall  apply
whether the alleged liability or Losses are based on contract, negligence, tort, stricte
liability, or any other basis, even if Honestis.Network   has been advised of or should
have known of the possibility of such losses and damages, and without regard to the
success or effectiveness of other remedies.
8.  Prohibited Jurisdictions/Selling Restrictions
It is prohibited to use or access Honestis.Network   if you are a citizen or entity that
falls under the list as provided by the United Nations Security Council of Designated
Individuals and Entities By accessing this site or any services therein, you represent
and warrant that you are not physically located in these prohibited jurisdictions.
9.  Taxation Considerations
Each User shall declare, bear and pay all such taxes, duties, imposts, levies, tariffs and
surcharges that might be imposed by the laws and regulations of any jurisdiction as a
result  of  or  in  connection  with  the  receipt,  holding,  use,  purchase,  appreciation,
trading or divestment of HNT TOKENS. Each User shall be solely liable for all such
penalties,  claims,  fines,  punishments,  liabilities  or  otherwise  arising  form  his/her
underpayment,  undue  payment  or  belated  payment  of  any  applicable  tax.
Honestis.Network      provide  no  advice  and  make  no  representation  as  to  taxi
implications of any jurisdiction.
10. Privacy policy and transparency Statement
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Honestis.Network  respects the privacy of its Users by not requesting any information
that is unnecessary for the use of the service or to Comfort with our obligations under
applicable law. Honestis.Network   also does not in any way obscure the information
that  it  does  request  or  obtain.  Due  to  the  inherent  transparency  of  blockchains,
transactions to and from Honestis.Network  are public and easily correlated. Utilizing
Honestis.Network      to  obscura  transactions  or  assets  in  any  way  is  pointless  and
stupid. Law enforcement has full access to blockchain information that goes in or out
of  Honestis.Network    ís  system.  You  accept  that  Honestis.Network      will  comply
willingly with all legal requests for information from it. We reserve the right to provide
information to law enforcement personnel and other third partie to answer inquiries;
to respond to legal process; to respond to the order of a court of competent jurisdiction
and those exercising the courts authority; and, to protect Honestis.Network   and our
users. If you have any questions or feedback relating to your Personal Information or
our Regulations or would like to withdraw your consent to the use of your Personal
Information, please contact us immediately at This email address is being protected from spambots. You need JavaScript enabled to view it.
11. Forward Looking Statement
This document includes forward looking statements. Most of the time, forward looking
statements can be identified by the use of  words such  as believes, expects,  does not
expect,  is  expected,  targets,  outlook,  plans,,  eta,  scheduled,  estimates,  forecasts,
intends, anticipates or does not anticipate or variations of such words and phrases or
statements that certain actions, events or results may, could, would, might or will be
taken, occur or be achieved. Forward looking Statement involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance
or  achievements  of  Honestis.Network      to  be  materially  different  from  any  future
results,  performance  or  achievements  expressed  or  implied  by  the  forward  looking
statements. Although Honestis.Network   believes it has a reasonable basis for making
these forward looking statements, readers are cautioned not to place undue reliance on
such forward looking information. By its nature, forward looking information involves
numerous  assumptions,  inherent  risks  and  uncertainties,  both  general  and  specific,
which  contribute  to  the  possibility  that  the  predictions,  forecasts  and  other  forward
looking statements will not occur.
Final Risk Disclaimer:
Use of Honestis.Network   and purchasing of the HNT TOKENS may carry Financial
risk,  and is to be used as an  experimental software sale only. You acknowledge that
purchasing HNT TOKENS (or any other digital tokens offered by Honestis.Network  )
involves risk and in no event shall, be liable or responsible for any damages, claims,
applications,  losses,  injuries,  delays,  accidents,  costs,  business  interruption  costs,  or
other expenses (including, without limitation, attorneys fees or the costs of any claim
or suit), nor for any incidental, direct, indirect, general, special, punitive, exemplary, or
consequential damages, loss of goodwill or business profits, loss of cryptocurrency or
digital assets, work stoppage, data loss, computer failure or malfunction, or any other
commercial or other losses directly or indirectly arising out of or related to: our Terms;
any  service  of  Honestis.Network    ;  the  use  of  Honestis.Network    ;  any  use  of  your
digital  assets  or  cryptocurrency  on  Honestis.Network      by  any  other  party  not
authorized by you (collectively, all of the foregoing items shall be referred to herein as
Losses). Honestis.Network   and its controlled entities are hereby released by you from
liability  for  any  and  all  Losses.  We  disclaim  any  and  all  warranties  or  guarantees,
including any warranty of merchantability and  warranty of fitness for any particular
purpose. The foregoing limitations of liability shall apply whether the alleged liability
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or  Losses  are  based  on  contract,  negligence,  tort,  strict  liability,  or  any  other  basis,
even if Honestis.Network   has been advised of or should have known of the possibility
of such losses and damages, and without regard to the success or effectiveness of other
By sending founds to provided in email addresses, you confirm that you have read the
terms which were sent you via email and conditions, that you understand them and
that you agree to be bound by them.
12.  Risks and changes of form of project
12.1  )We  may  change  business  entity  or  law  region  influence  change  for  token  to
whatever orgnizator will like as functional and guaranteed effects are kept intact.
We can make new editions at worst conditions for new users as separate tokens edition
but integrated inside our infrastructure especially for chains infrastructure, and to not
spoil PoS benefits of first edition.
This document is for informational purposes only and does not constitute an offer or
solicitation or auction to sell shares or securities in Honestis.Network   or any related
or associated company. Such offer will be made only by means of the terms of all laws
and regulations related to securities or similar and lawful in region.
None  of  the  presented  in  this  document  or  through  project  website  information  or
analyses are intended to be the base for any investment decision.
None  of  the  presented  in  this  document  or  through  project  website  information  or
analyses are not to be recommendations intended.  
This  document  does  not  solicitation,  nor    investment  advice  nor  counselor  for
investment in any security.  
This document does not constitute or form part of, and should not be construed as, any
offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any
securities,  nor  should  it  or  any  part  of  it  form  the  basis  of,  or  be  relied  on  in  any
connection with, any contract or commitment whatsoever.  
Honestis.Network      expressly  disclaims  any  and  all  responsibility  for  any  direct  or
consequential  loss  or  damage  of  any  kind  whatsoever  arising  directly  or  indirectly
from: reliance on any information contained in this document, any error, omission or
inaccuracy in any such information or  any action resulting therefore.  
 Honestis.Network      Token,  or  “HNT  TOKEN”,is  a  cryptographic  token  used  to
represent tokens in Ethereum blockchain and used in future development blockchain
system  .  
HNT TOKEN is kind of cryptocurrency  
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At the present time HNT TOKEN  cannot be exchanged for goods or services, has no
known  uses  outside  the  Honestis.Network    ,  and  cannot  be  traded  on  any  known
[ At moment of the crowdfunding. ]
HNT TOKEN is not an investment.  
HNT TOKEN value may rise or drop in value There is no guarantee –HNT TOKEN        
increase in value HNT TOKEN
HNT TOKEN is not evidence of ownership or right to control.  
Holding    HNT  TOKEN  does  not  grant  its  controller  ownership  or  equity  in
Honestis.Network    ,  or  the  Honestis.Network      network  and  market  created.  HNT
TOKEN  does  grant  any  rights  to  participate  in  the  direct  control  the  direction  or
decision-making of Honestis.Network   or the Honestis.Network.   After team deliver
last milestone from whitepaper corresponding to raised cap Honestis.Network will be
controlled  by  Honestis.Network  DAO  in  most  aspects,  which  will  be  specified  and
customized towards laws ruling tangled to initial business entity.
12.2)  Risk  of  Losing  Access  to  HNT  TOKEN  Due  to  Loss  of  Credentials  in  form  of
private keys or others
. The Ethereum address / account can only be accessed with login credentials owned
by the purchaser. The loss of these credentials will result in the loss of HNT TOKEN.  
12.3) Risks Associated with Purchaser Credentials  
Any third party that gains access to the purchaser’s login credentials or private keys
may  be  able  to  dispose  of  the  purchaser’s  HNT  TOKEN.  To  minimize  this  risk,  the
purchaser should guard  against unauthorized access to their electronic devices paper
wallets and or other form of stored logins and keys.
12.4) Risks Associated with Misunderstanding of use or careless usage of tokens
The  purchaser  may  lose  HNT  TOKEN  by  sending  tokens  to  wrong  addresses  not
controlled by him or issuer.    
12.5) Risk of Competition to Honestis.Network   
Following  the  presale  and  the  deployment  Honestis.Network    ,  it  is  possible  that
alternative  farms  will  be  ,  which  could  potentially  negatively  impact  the
Honestis.Network trading platforms network  and HNT TOKEN.  
12.6) Risk of Insufficient Interest in the Mining crypto currencies in future.  
12.7) It is possible that the Honestis.Network   will not be used by a large number of
businesses, individuals, and other organizations. Such a lack of interest could impact
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the development of the Honestis.Network trading platforms for licenses provided by
Honestis.Network   and therefore the potential uses cases and  value of HNT TOKEN.  
12.8) Risk of Unfavorable Regulatory Action in One or More Jurisdictions  
Blockchain technologies have been the subject of scrutiny by various regulatory bodies
around the world. The functioning of the  Honestis.Network    and  Honestis.Network   
Market and network and HNT TOKEN could be impacted by one or more regulatory
inquiries or actions, including but not limited to restrictions on the use or possession
of digital tokens like HNT TOKEN, which could impede or limit the development of the
Honestis.Network  trading  platforms  and  network.  Honestis.Network      Token  issuer
will  do  try  to  avoid  any  harm  from  changes  of  regulations  in  place  of  operation  of
Honestis.Network  . Honestis.Network   Token Issuer reserve right to change business
entity managing Tokens as long as practical effects for users of Tokens will be kept the
12.9)  Risk  that  the  Honestis.Network      ASICs  as  Developed,  Will  Not  Meet  the
Expectations  of Purchasers and future possible clients.  
12.10) Risk of Theft and Hacking  
Hackers  or  other  groups  or  organizations  may  attempt  to  interfere  with  the
Honestis.Network trading platforms or Ethereum network or the availability of HNT
TOKEN in any number of ways, including without limitation denial of service attacks,
Sybil  attacks,  spoofing,  smurfing,  malware  attacks,  or  consensus  based  attacks  on
Ethereum network. You also might be robed and your electronic wallet easy stolen or
hacked if in phone.
12.11) Risk of Security Weaknesses in the HNT TOKEN market and Software used for
The  Honestis.Network  trading  platforms  will  be  tangled  also  to  Ethereum  network
which  is  itself  on  open  source      software.  There  is  a  risk  that  the  Honestis.Network   
team,  or  other  third  parties  may  intentionally  or          unintentionally  introduce
weaknesses  or  bugs  into  network  structure  or  software  of  the  Ethereum  network  or
Honestis.Network trading platforms connections to it or Honestis.Network   software
itself  which  may  lead  to  interfering  with  the  usage  of  Honestis.Network  Tokens  or
causing the loss of HNT TOKEN.  
12.12) Risk of Weaknesses or Exploitable Breakthroughs in the Field of Cryptography  
Advances in cryptography, or technical advances such as the development of quantum
computers, could present risks to cryptocurrencies and the Honestis.Network trading
platforms,  which  could  result  in  the  theft  or  loss  of  HNT  TOKEN.  Collapse  every
blockchain based on Proof of Work and much more unpredictable outcomes.
12.13) Risk of Lack of Adoption or  Stop crypto-currencies mining and use of the  any
ASICs in future  
While  HNT  TOKEN  should  not  be viewed  as  an  investment,  it  may  have  value  over
12.14) Risk of Mining Attacks  
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As with other decentralized cryptographic tokens and cryptocurrencies, the blockchain
used  for the tokens is Ethereum network where mining attacks are possible , including
but  not  limited  to    majority  mining  power  attacks,  double­spend  attacks,
“selfish­mining” attacks, and race condition attacks. Any successful attacks present a
risk  to  the  Honestis.Network      Token  distributed  on  Ethereum  network  blockchain,
expected  proper  execution  and  sequencing  of  Honestis.Network  trading  platformss,
and expected proper execution and   sequencing of Ethereum contract computations.
Despite  the  efforts  of  the  Ethereum  Foundation  Team,  the  risk  of  known  or  novel
mining attacks exists.
12.15) Risk of Uninsured Losses  
Unlike bank accounts or accounts at some other financial institutions, funds held using
the Honestis.Network   software or Ethereum network are generally uninsured. In the
event of loss or loss of value, there is no insurer, to offer recourse to the purchaser.
Some hardware and some of IP will be insured by HONESTIS.NETWORK .
 12.16) Risk of Dissolution of the Honestis.Network   Project  
It  is  possible  that,  due  to  any  number  of  reasons,  including  without  limitation  an
unfavorable fluctuation in the value of Bitcoin, unfavorable fluctuation in the value of
HNT  TOKEN,  the  terrorist  attack  or  kidnapping  all  team  members,  world  war,  or
natural  disaster,  the  failure  of  business  relationships,  or  competing  intellectual
property  claims  real  or  fake  just  in  scope  of  such  called  patent  wars,  the
Honestis.Network   project may no longer be a viable business and may dissolve or fail
to launch.  
12.17) Risk of an Illiquid Market for HNT TOKEN  
There  are  currently  no  exchanges  upon  which  HNT  TOKEN  might  trade.  If  ever
exchanges  do  develop,  they  will  likely  be  relatively  new  and  subject  to  poorly
understood  regulatory  oversight.  They  may  therefore  be  more  exposed  to  fraud  and
failure than established, regulated exchanges for other products. To the extent that the
exchanges  representing  a  substantial  portion  of the  volume  in  HNT  TOKEN  trading
are involved in fraud or experience security failures or other operational issues, such
exchanges’ failures may result in a reduction in the value or liquidity of HNT TOKEN.  
12.18) Risk of Malfunction in the Honestis.Network trading platforms
It  is  possible  that  the  Honestis.Network  trading  platforms  malfunctions  in  an
unfavorable  way,  including  but  not  limited  to  one  that  results  in  the  loss  of  HNT
TOKEN, or information concerning a market.  
12.19) Risks Associated with the Ethereum Protocol  
HNT  TOKEN  and  the  Honestis.Network  trading  platforms  and  network  are  based
upon  the  Ethereum  protocol.  As  such,  any  malfunction,  unintended  function  or
unexpected  functioning  of  the  Ethereum  protocol  may  cause  the  Honestis.Network   
network  or  HNT  TOKEN  or  market  to  malfunction  or  function  in  an  unexpected  or  
unintended manner. Ether, the native unit of account of the Ethereum Protocol may
itself  lose  value  in  ways  similar  to  HNT  TOKEN,  and  also  other  ways.  More
information about the Ethereum protocol is available at  
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12.20) Unanticipated Risks  
Cryptocurrency  and  cryptographic  tokens  are  a  new  and  untested  technology.  In
addition to the risks set forth here, there are risks that the  Honestis.Network   team
cannot  anticipate.  Risks  may  further  materialize  as  unanticipated  combinations  or
variations of the risks set forth here.