T&Cs

TERMS AND CONDITIONS

Obchodní podmínky

  1. The company REVENTO PPS a.s. (hereinafter referred to as “Administrator”) is the author and operator of the REVENTO.CZ and GIVE-GET.COM internet platforms (hereinafter referred to as the “Project”) within the framework of which it offers entrepreneurs (hereinafter referred to as the “Client”) the acquisition of business opportunities through online marketing financed by funds obtained from investments from investors (hereinafter referred to as the “Investor”). These Terms and Conditions (hereinafter referred to as the “T&Cs”) set out the rules for cooperation between the Administrator and the Investor. More detailed information about the operation of the Project from the perspective of the Clients can be found at www.give-get.com/white-paper.
  2. The Agreement is created by the registration of the Investor on the portal operated by the Administrator on the website www.give-get.com (hereinafter referred to as the “Portal”) and the subsequent confirmation of the registration by the Administrator (hereinafter referred to as the “Agreement”). By registering, the Investor accepts the following T&Cs. The administrator is not obliged to confirm the registration – they are not obliged to enter into a contractual relationship with anyone who registers. Upon confirmation of registration, the Administrator will set up access to the client section of the portal for the Investor and provide the Investor with access data (login name and password). Investors are entitled to change their login details at any time and repeatedly.
  3. The Custodian is the issuer of its own digital asset – the GiveGet® token (hereinafter referred to as the “Token”), which is a proof of investment and contains information about its owner. More detailed information on how the token works can be found at www.give-get.com/white-paper.
  4. After the conclusion of the Agreement, the Investor is entitled to purchase tokens through orders placed on the portal, in its client section. In each order, the Investor indicates the volume of tokens they wish to purchase and the crypto wallet to which they wish to credit the purchased tokens, and the Administrator's system generates a confirmation of their order and payment details calculated according to the current price per token. The minimum order is CZK 2,000. The Investor is obliged to pay the Administrator, together with the price of the tokens, the cost of creating the tokens, which amounts to 10% of the price of the ordered tokens. The price of tokens and the cost of their creation is paid in Czech crowns, to the account of a bank with a banking license for the Czech Republic specified in the order confirmation. Unless otherwise stated in the confirmation, the price and cost of creating the tokens are payable within 3 calendar days of the confirmation.
  5. Upon confirmation of the order issued by the Administrator's system, the order becomes binding and legally enforceable for the Investor and cannot be withdrawn. In the event of delay by the Investor in payment of any part of the price, the Administrator is entitled to a contractual penalty of 0.05% of the amount due for each day of delay.
  6. The token can either be credited to the Investor's own crypto wallet indicated in their order, or it can be deposited in the Crypto Wallet of the Custodian.
  7. The token is not traded on a regulated market and its value changes continuously over time, depending on the current success of the Project. The current value of the token is always listed in the publicly accessible part of the portal. The Investor can find the current volume of tokens they own and the status of their individual orders in their client section.
  8. If the Investor has tokens stored in their own crypto wallet, they are freely tradable. When a token is transferred between Investors, it is a contractual relationship between them, the Administrator is not a party to it and, therefore does not intervene in the determination of the transfer price and is not liable for the obligations of the parties arising from the transfer. The Administrator is only responsible for the technical execution of the token transfer based on the command generated by the Project after the approval of the Administrator and the Investor. The client account is non-transferable.
  9. An investor may offer tokens to the Administrator for redemption, but the Administrator is not obligated to accept the offer. If the offer is accepted, the Investor will instruct the transfer of the tokens to the Administrator's crypto wallet and the Administrator will transfer the value of the tokens in fiat currency to the Investor's bank account within 30 calendar days of the approval of the token transfer. Until the payment for tokens is made, the Administrator is entitled to unilaterally withdraw from the Agreement without any conditions or penalties.
  10. Communication and negotiation between the parties in the implementation of the contractual relationship will be conducted either in writing or by e-mail (the e-mail address of the Administrator is listed on the portal, the e-mail address of the Investor will be provided when registering on the portal). However, the Agreement may only be amended and terminated in writing.
  11. The Administrator is also entitled to communicate and act towards the Investor by storing the relevant document in the Investor's client account on the Portal. In this case, the document shall be deemed to have been delivered on the 5th day from the date of deposit, regardless of whether the Investor logs into their section of the portal or not. The Administrator shall not be liable to the Investor for any damage caused by misuse of the Investor's login data to the Investor's section on the portal.
  12. The Investor acknowledges that although the Administrator and the business partners with whom it cooperates are making their best professional efforts in the implementation of the Project, the Investor is not guaranteed a profit or a return on the amounts paid by the Investor for the purchase of tokens, as success is dependent on circumstances beyond the control of the Administrator or its business partners. The investor acknowledges that tokens may be completely unsellable under adverse circumstances. Therefore, the Administrator shall not be liable to the Investor for any damages that may be incurred by the Investor in the performance of this Agreement, unless such damages are caused by the Administrator's wilful or gross negligence. The Administrator shall not be liable for lost profits on the part of the Investor under any circumstances. With respect to Investors who are consumers within the meaning of the relevant provisions of the Civil Code, the waiver of the claim for compensation shall only apply to the extent that it does not contradict Section 1814(a) of the Civil Code.
  13. Information provided by the Parties to each other during the term of the Agreement shall be considered confidential and the other Party shall not be entitled to use or exploit such information other than in the performance of the Project Agreements unless it is relieved of such confidentiality by the other Party. Each Party shall be responsible for compliance with this obligation and for third parties to whom it discloses confidential information in connection with the performance of this Agreement. This obligation shall survive the termination of this Agreement. This obligation shall not apply in the event of a dispute between the parties settled by a court or other competent authority.
  14. As the conditions for the lawfulness of the processing of personal data within the meaning of Article 6(1)(b), (c) of Regulation (EU) No. 2016/679 of the European Parliament and of the Council are met, the consent of the Investor or the members of their statutory body to the processing of their personal data is not necessary. Information on the rights of data subjects under the Regulation is published on the website www.revento.cz .
  15. When registering on the portal, the investor confirms that neither they nor the members of their statutory bodies are politically exposed persons or persons subject to international sanctions and that the funds intended for the implementation of this Agreement do not originate from criminal activities. Should any of these facts change in the course of the performance of this Agreement, the Investor shall immediately inform the Administrator thereof. Should it turn out that the Investor has not truthfully disclosed any of these facts to the Administrator, and in the event of the Investor's failure to notify the Administrator of a change in any of these circumstances, the Administrator shall be entitled to terminate this Agreement.
  16. On the basis of the relevant legal regulations, in particular Act No.253/2008 Coll. on Certain Measures Against the Legalization of the Proceeds of Crime and Terrorist Financing, the Administrator is obliged to carry out identification and control of persons subject to identification, to fulfil its information obligation and for this purpose to obtain and process data on persons subject to identification, which are the Investor and, in the case of the Investor – a legal entity, the members of its bodies and its beneficial owner as defined by law. For this purpose, the Administrator is entitled to request, and the Investor is obliged to provide to the Administrator, identification documents of such persons and other documents and information necessary for proper identification and control as required by law, i.e. in particular, but not exclusively, documents and information relating to the source of the Investor's funds.

    If the government authorities block the Administrator's accounts or the Administrator's Portal, suspend the Administrator's activities or investigate the Administrator due to an Investor who has provided false information, the Investor is obliged to pay the Administrator and all other Investors for the damage caused to them, including the costs of legal, accounting and other professional services.
  17. The Investor is obliged to notify the Administrator without delay of any change concerning its identification data, as well as any change concerning facts that may affect the performance of this Agreement. Failure to do so may result in financial loss to the Investor, including possible seizure of the account in which the tokens are deposited.
  18. Section 558(2) of the Civil Code shall not apply to this Agreement insofar as it provides that commercial custom shall prevail over a provision of the law which has no coercive effect, and the following provisions of the CC: § 1740(3), § 1748, § 1765-1766, § 1793-1795, § 1799, § 1800, § 1899, § 1971, § 1987(2), and § 2050. The Administrator and the Investor declare that they do not feel themselves to be the weaker party to the Agreement. No rights or claims arising under this Agreement may be assigned by the Investor without the prior written consent of the Administrator. The Administrator is entitled to assign the Agreement or parts thereof, rights, obligations and claims against the Investor arising from this Agreement to a third party and the Investor expressly agree to this.
  19. In other cases, the relations of the parties shall be governed by generally binding legal regulations applicable in the Czech Republic. The Parties agree that any disputes between the Parties arising out of or relating to this Agreement which cannot be resolved amicably shall be heard and determined by a general court of the Administrator as provided by the procedural rules of the Czech Republic. In the event of a dispute, an Investor who is a consumer within the meaning of the relevant provisions of the Civil Code may contact the Czech Trade Inspection Authority, which is the competent body for out-of-court settlement of consumer disputes, the website of this authorized body is www.coi.cz.
  20. The Administrator is entitled to unilaterally change these T&Cs. The Administrator will notify the Investor of the change by delivering the change to the Investor's e-mail address. The Investor has the right to reject the changes and terminate this Agreement for this reason with 14 calendar days' notice.
  21. These T&Cs are effective from January 15, 2022.
Top