Token Terms & Conditions

Token Terms & Conditions

Token Terms & Conditions

Effective Date: 01 May 2025
Token Issuer: Schwarzott Capital Partners AG
Token Name: ARAS Utility Token ($ARAS)
Jurisdiction: Zurich, Switzerland
Contact: law@schwarzott-global.com

1. General Provisions

These Token Terms & Conditions (“Terms”) govern the use, acquisition, holding, and interaction with the $ARAS Token, a utility token based on the ERC-20 standard, issued and managed by Schwarzott Capital Partners AG, a Swiss corporation domiciled in Zurich.

By interacting with the token smart contract, holding, transferring, or using the $ARAS Token in any manner, you acknowledge and agree to be bound by these Terms. These Terms form a binding agreement between you and the token issuer.

2. Legal Classification

The $ARAS Token is classified as a pure utility token under Swiss FINMA and EU MiCA regulatory frameworks. It is not intended to constitute a security, financial instrument, payment token, or e-money under applicable laws.

The $ARAS Token does not confer equity, profit-sharing, governance rights, or claims to revenue. Its sole purpose is to enable access to features, automation modules, and services within the ARAS AI software ecosystem.

3. Token Utility and Functionality

The $ARAS Token may be used exclusively within the ARAS AI ecosystem to:

  • Activate advanced AI modules or unlock premium features

  • Access automation workflows and integrations

  • Participate in future DAO governance frameworks (non-binding)

  • Redeem AI resource credits or service time quotas

The token is not designed for investment purposes or speculative trading, and it has no intrinsic or guaranteed value outside the ARAS platform.

4. Token Distribution

Tokens may be distributed via private allocation, strategic partnerships, utility-based rewards, or limited community engagement campaigns. There will be no public ICO, IDO, or crowd sale. Schwarzott Capital Partners AG reserves the right to adjust the distribution mechanisms at any time.

All distributed tokens are governed by lock-up schedules, usage limitations, or smart contract-enforced conditions when applicable.

5. Secondary Markets and Volatility

You may trade the $ARAS Token on third-party decentralized or centralized platforms at your own risk. The issuer does not guarantee liquidity, availability, price development, or compatibility with exchanges.

The issuer is not responsible for any damages or losses resulting from token volatility, smart contract issues, or third-party platforms. You assume full responsibility for your holdings and transactions.

6. Compliance and User Obligations

By using or acquiring $ARAS Tokens, you confirm that you:

  • Are at least 18 years old and legally capable

  • Are not a resident of a sanctioned country

  • Will not use tokens for unlawful purposes (incl. money laundering or terrorism financing)

  • Understand the technological and financial risks associated with blockchain assets

In specific cases, the issuer reserves the right to conduct KYC/AML verification before enabling token access or certain features.

7. Smart Contract Disclaimer

The $ARAS Token operates on the Ethereum-compatible Arbitrum One network via a deployed ERC-20 smart contract. The smart contract is immutable and operates independently of the issuer. Schwarzott Capital Partners AG does not control the token once deployed and disclaims all liability related to contract bugs, gas costs, failed transactions, or blockchain failures.

8. No Guarantees or Warranties

The issuer provides no guarantees regarding the token’s:

  • Market performance or usability

  • Technical compatibility across wallets or systems

  • Regulatory treatment in your jurisdiction

  • Future token-related services or value

You accept full responsibility for assessing risks and legal implications prior to interacting with the token.

9. Taxation

You are solely responsible for determining and fulfilling your tax obligations related to the acquisition, holding, or disposal of $ARAS Tokens. Schwarzott Capital Partners AG does not provide tax advice and assumes no liability in this regard.

10. Amendments and Termination

These Terms may be updated at any time. Continued use of the $ARAS Token after notification of changes constitutes acceptance of the revised version. If you disagree with the amendments, you must cease all interactions with the token.

11. Governing Law and Jurisdiction

These Terms shall be governed by the laws of Switzerland, excluding its conflict of law provisions. The exclusive place of jurisdiction is Zurich, Switzerland.

Contact for Legal Inquiries:
Schwarzott Capital Partners AG
E-Mail: law@schwarzott-global.com
Last Updated: 01 May 2025