Blockwave

ADVICE DISCLAIMER!!!
Blockwave Limited,hereby declares that we are not a financial service provider and that We are not providers of securities services.

All members including proxy members who represent entities on Blockwave , hereby agree that by accessing and registering on the Blockwave website and/or by the act of using any Blockwave services that they have read, understand and agreed to and will abide by the terms of this Advice Disclaimer.

Nature of Our Business
Blockwave is an internet based mining service provider which performs its business through the website Blockwave and its official office in USA.

Blockwave does not offer financial advices to its members and also does not portray or attempt to portray itself as a registered or authorised financial services provider or render financial services in respect of financial products as defined in the Financial Advisory and Intermediary Services Act 2002 (“the FAIS Act “) and, Blockwave does not portray or attempt to portray itself as registered or authorised to render security services as those terms are defined in the Securities Services Act, 2004 (“the SS Act “).


Performance
Per the Blockwave Terms and Conditions and per the Blockwave General Policies and per the Blockwave Advice Disclaimer, Blockwave does not guarantee or warrant any returns or specific growth, rates or outcomes.

Blockwave members and proxy members utilise the services of Blockwave and any related services entirely at their own risk, without any liability to Blockwave

SECTION: 2
Blockwave
GENERAL TERMS AND CONDITIONS
Introduction
This document covers the full set of terms and conditions at Blockwave investment Ltd, (hereinafter referred to as Blockwave) Terms and Conditions which any member or proxy of any entity agrees to and agrees to abide by through their action of registering on the Blockwave website and/or makes use of any Blockwave services. All such members are required to make themselves familiar with these Terms and Conditions.

Terms and Conditions
Your access to and use of this website (and any and all related software utilized to support this website) shall be governed by the following terms and conditions of Blockwave Limited (hereinafter referred to as “Blockwave”).

By yourself accessing and using the Blockwave website and/or yourself making use of any services offered by Blockwave, or yourself making use of any services offered through using a proxy, you agree to comply with and be irrevocably bound by the terms and conditions herein below, in order to utilize this website and engage in the services of Blockwave and or its service providers.

This website provides all necessary information with regards to operating the Member Account Dashboard, as well as details of the Blockwave Bonus Plan for the additional Referrals Option.

To make use of Blockwave services, you will need to register and open your account on this website.

You will be required to fund your account with a recommended amount $500 (Five hundred USD) value in bitcoin within seven (7) days from the date and time of your registration. Failure to do so will result in your account being deleted. You will be permitted to re-register again at a later stage but will then be allocated a different position.

By opening an account on this website, you confirm that you irrevocably agree to and are bound by the terms and conditions of Blockwave as set out herein below.

Account Eligibility
You must:

While using our Service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you ("Personal Data"). Personally identifiable information may include, but is not limited to:

As an individual, be at least 18 (EIGHTEEN) years of age and capable of entering a legally binding contract and, you must have a valid email address.

If you are a minor:

You may not be a member of Blockwave unless you have reached the legal age your country prescribes in order to enter into a legal contract and act without the assistance of your legal guardian. In USA that age is 18 and may differ from country to country. Your legal registration with Blockwave will be governed by the laws of your applicable country under which authority you reside.

If you are under the age of 18 (EIGHTEEN) your legal guardian may open an account in your personal name and as your legal guardian manage your account on your behalf. Your legal guardian will be liable for and bound by the terms and conditions of Blockwave in their representing capacity as legal guardian.

The legal guardian must ensure that the minor do not access the account without the presence and assistance of the legal guardian who will have full account control and access rights until the minor becomes of age. When the minor become of age, he/she may apply to Blockwave in order to provide him/her with full access to his/her account by submitting the necessary proof as required by Blockwave. The newly qualified member will then be bound by the terms and conditions in his/her personal capacity. If using a proxy, your proxy must be at least 18 (EIGHTEEN) years of age and capable of entering a legally binding contract and have a duly signed proxy not older than 3 months.

Agree that if you are a registered company, trust, partnership or any other legal entity which is duly registered under the applicable laws of the country in which the aforesaid entity conducts business, and/or is domiciled, and the person opening the account on behalf of the legal entity confirms their proxy by written declaration/resolution/letter of authority from the entity, that he/she is the duly authorised representative for and on behalf of the legal entity. Through registering on the Blockwave website, accessing and making use of services offered, that person or proxy will legally bind the represented entity to the Blockwave terms and conditions as set out herein. Any dispute regarding such authority to represent, shall have no effect on the legality or existence of the contractual relationship between Blockwave and the entity. Blockwave reserves the right to request the relevant resolution or Letter of Authority at any time. If the required documentation cannot be presented on request within a reasonable time, Blockwave reserves the right to suspend the members account until the required documents is presented.

Be sponsored by an existing Blockwave member (“sponsor”).

Be responsible for your own taxes on any proceeds and the declaration thereof with your relevant tax authority. Blockwave does not deduct or withhold any taxes on your behalf, nor will any reporting tax related responsibilities vest in Blockwave.

Take responsibility for maintaining and protecting the confidentiality and safekeeping of your login details, which consist of your email address and password. Blockwave takes no responsibility for any unauthorized access to or use of your account. In the event of a security breach on Blockwave end, Blockwave will notify you as soon as practically possible, in line with the provisions of the Federal Act on Consumer Information of October 5, 1990 (SR 944.0) of USA

Disclaimer of Warranties
You understand and acknowledge that:

Neither Blockwave nor its business partners is responsible for any loss or damage of whatever nature and cannot be held liable for the website being temporarily unavailable due to technical issues and or maintenance beyond Blockwave’s reasonable control.
Blockwave cannot provide any guarantees as to the performance, accuracy, timeliness, completeness or suitability of the information (which may contain outdated information, inaccuracies or errors) and services found or offered on this website for any particular purpose, and Blockwave expressly excludes any liability for such to the fullest extent permissible by law.
Information provided by Blockwave, including but not limited to statements, trade results and advertisements, are purely for informational purposes and by no means intended to serve as financial or investment advice, or forecasts of future performance.
Your use of any information or services on this website is entirely at your own risk, for which Blockwave or its business partners cannot be held liable in any manner.
You are responsible for ensuring that any product, services or information available through this website meet your specific needs and requirements.
This website may include links to other third-party websites which are not controlled by Blockwave, which
Blockwave and its officers cannot be held liable in any manner for any consequential damages that you may occur as a member or that may be incurred by the the entity that you represent as a proxy.
Copyright
You acknowledge and agree that the Blockwave website contains confidential information that is protected by COPYRIGHT ©️ and a range of intellectual property laws in Switzerland and world-wide.  Blockwave reserves all copyright rights worldwide.

Blockwave Exclusive Rights
You are permitted to use the Blockwave website provided that you do not (and do not allow any third party to):
Copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, meta-data, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in this website in any manner or form;
Use modified versions of this website, including (without limitation) for the purpose of obtaining unauthorized access to the website; or
Access the website by any means, other than through the interface that is provided by Blockwave for use in accessing the website.
You authorize Blockwave to use your name, photograph, personal story and/or likeness in advertising or promotional materials and waive all claims for remuneration for such use. Should you wish to opt-out of marketing-specific communications, you will be provided with a link to exercise such option in the relevant communications.
You permit Blockwave to contact you via email or text messaging for reasons including, but not limited to, Blockwave announcements, bonus programs and promotions, changes in policy, etc.
Blockwave reserves the right to manage the referral bonus of any account with a balance of less than $1000 (one Thousand USD) worth of bitcoin in value.
Blockwave reserves the right, for security reasons and for the protection of the website and its members, to block withdrawals from a members account for a period of seven (7) calendar days should any password, email address, 2FA or Bitcoin Withdrawal Address be changed.
Blockwave reserves the right to withhold, deduct or collect from any portion of your or any accomplices bitcoins any amounts received or qualified for through the misuse or abuse of the Bonus Plan by means of schemes or unethical  behaviour conducted by yourself or with the assistance or collusion of other parties..

Member and customer lists and names are owned by Blockwave and may never be used for any commercial or business purpose without the prior written consent of Blockwave, its directors and officers.
Indemnity
You indemnify and release Blockwave from and against all claims, suits, demands, actions, liabilities, costs and expenses (including reasonable legal costs and expenses awarded by any competent court or tribunal) resulting from your access to and/or use of this website, or breach of any terms and conditions you agree to; prior to accessing this website, in the proportion that represents the extent to which the claim, suit, demand, action, liability, cost or expense is caused by your negligent or wrongful acts or omissions.
You understand that failure to comply with the above Blockwave terms and conditions and policies and procedures herein may result in the termination of the agreement, which could result in Blockwave suspending your member status.
You understand that any payments due to you may be delayed until final resolution has been achieved.
You acknowledge that in the event of your violation of this agreement and/or Blockwave’s terms and conditions and/or policies and procedures, your member rights may be terminated without further bonuses or payments of any kind, which will be forfeited to Blockwave.
You agree that you indemnify and hold Blockwave, its directors, officers or employees harmless from any and all claims, damages or expenses (including legal fees) that may arise from your actions or conduct in violation or contravention of this agreement.
You acknowledge Blockwave’s Bonus Program is based on current products and is subject to change without prior notice, especially given fluctuating markets and trades beyond the control of Blockwave


Regulatory and Policy
Blockwave requires of all members that they will act in a manner that is in line with and abides by all regulatory, policy and legal requirements.
Should any member become aware of or receive any form of regulatory or policy or legal communication in any communication medium, the information should be forwarded directly to the Blockwave support and clearly marked for the personal attention of the support team.
Should clause 8.2 above occur, no member should circulate or send such information or communications in their possesion to any other members other than to the Blockwave support team, as required by clause 8.2.
Transgression of this term and condition of Blockwave membership can result in Blockwave cancelling a members membership, after which Blockwave would zero the members Blockwave account and send the members Bitcoin to the member.
Should clause 8.4 occur and a members membership be terminated, that person will not be able to join Blockwave again.
Limitation of liability
Neither party is liable to the other for any consequential or indirect loss including, but not limited to, loss of profit, loss of data, lost opportunity cost, loss of enjoyment.

Transferring your Account
No account shall be ceded or assigned to any third party, due to the risk of cybercrimes. Despite any other terms and conditions contained herein, Blockwave reserves the right, in exceptional circumstances, to change the account holder detail.

Amendments and variations to terms and conditions
Blockwave may amend these terms and conditions from time to time, if and when necessary without prior notice and at Blockwave’s sole discretion.
Updated terms will appear on this website and it is your responsibility to ensure that you remain abreast of any amended terms or conditions, as applicable.
Your continued use of the web site shall be construed as an unequivocal acceptance of the terms and conditions, as amended.
If you do not agree to comply and be bound by the terms and conditions, as amended from time to time, you must immediately cease using this website, withdraw your bitcoin and proceeds and notify both Blockwave support and your referrer.
You will remain bound by these terms and conditions for a period of 36 months after cancellation of your membership and will refrain from any conduct that will, may or could cause Blockwave any reputational damage.
Jurisdiction
This agreement and the relationship between the member and Blockwave shall be governed by the Federal consumer/investor Act of USA and the member agrees to the jurisdiction of the High judicial Court of USA (any division) in terms of any legal actions actioned by either the member or Blockwave.

Waiver and Severability of Terms
Any failure on the part of Blockwave to exercise or enforce any rights or provisions of this agreement shall not constitute a waiver of such rights or provisions.
Blockwave reserves the right to exercise such rights or provisions within 3 years from date of the contravention of the terms and conditions or the time Blockwave becomes aware of same, whichever occurred last in time.
If any provision of this agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavour to give effect to the parties’ intentions as reflected in the provision, alternatively such provision shall be severed from the remainder of this agreement and the remaining provisions of this agreement shall remain in full force and effect and binding on the parties.


Survivorship
All rights in and to your account or information within your account terminate upon your death or winding-up of your estate.
Blockwave will upon receipt of a request from your executor/liquidator/trustee supported by a formal letter of authority and a copy of a death certificate or notice of winding up, freeze your account and provide your executor/liquidator/trustee with a statement of account. Blockwave will act on the instructions of your executor/liquidator/trustee and either liquidate your funds and pay same over to your executor/liquidator/trustee or replace you with your nominated beneficiary after receiving his/her directions.
A position can only be transferred to one beneficiary being a natural person or a duly registered legal entity and Blockwave will not split the position amongst multiple beneficiaries.


Declaration
By accepting herein below, I confirm that I have carefully read, understood, and I agree to comply with Blockwave’s Terms and Conditions and Policies and Procedures.
I further agree to and understand that Blockwave’s Policies and Procedures are binding on myself or myself and the entity that I represent if I am a proxy and form part of this agreement.
I understand that I must be in good standing and must not be in violation of any of the terms of the general policies and terms and conditions of Blockwave in order for myself or the entity that I represent as proxy to be eligible and to receive to any bonuses or payments from Blockwave.
The continuation of my CIL membership, use of the Blockwave website services and my acceptance of bonuses or payments shall constitute my acceptance of the general policies and procedures and terms and conditions and any and all amendments pertaining to both of the aforesaid.
It is required of you as a member of Blockwave to understand and to wholly abide by the laws of your country in relation to whichever of your country’s laws may have an effect on your membership and use of Blockwave.

SECTION: 3
Blockwave INVESTMENT LTD (Blockwave)
GENERAL POLICIES


Throughout these policies and procedures, when the term “agreement” is used, it collectively refers to the Blockwave Referral Application, the Blockwave Policies and Procedures, the Blockwave Bonuses, together with the terms and conditions in part A hereof.
Notwithstanding anything stated in the aforementioned, it remains the responsibility of each member to read, understand, adhere to, and ensure that he or she is aware of, and operates under the most current version of these policies and procedures. It also remains the sole responsibility of the member to ensure that all their downline referrals are aware of any amendments.
When enrolling a new Member, it is the responsibility of the sponsor to provide the most current version of these policies and procedures, the Blockwave’s terms and conditions and the Referral and Bonus Plan to the applicant, prior to his or her execution of the Referral Agreement.

Ethics
Blockwave conducts business in an ethical and credible manner based on Blockwave’s core value of Integrity, which requires that every member deal ethically with their customers, with each other and with Blockwave.
Blockwave permits no unethical or illegal activity, nor shall it be held liable for set actions or behaviour.
Blockwave will intercede when such behaviour is brought to the attention of Blockwave, as such Blockwave reserves the right exercise its best judgment in deciding whether certain member activities are unethical. The decision of Blockwave is final.
Furthermore, Blockwave may use its own discretion in determining the appropriate course of action, unless the transgression requires legal action.
If Blockwave determines that unethical activities may exist, it reserves the right to suspend or terminate member status, including but not limited to, all bonuses and payments of any kind.
Under no circumstances is a member, whose membership is terminated for unethical or illegal activity, entitled to sell or transfer their position.
Examples of unethical behaviour include, but are not limited to, the following:
making any false or misleading remarks, statements, innuendos or spreading rumours that may disparage Blockwave, its products or services, its bonus plan, its employees, its founders or other Blockwave Members or business partners.
making any claim regarding Blockwave’s products that are not found on Blockwave’s current websites or official referral material.
making unapproved income claims or revealing the amount of income you are or have received through Blockwave without prior consent from the Blockwave Governing Body.
using any of the information in your back office or activity report in a manner to influence another Blockwave member to alter their relationship with Blockwave in any manner whatsoever.
using the information in your back office or activity report to compete with Blockwave in any manner whatsoever, either directly or indirectly, personally or through an agent or third party.
providing, selling or revealing any customer lists and/or their contact information that appears in your activity report or downline report to a third party.  This includes the customer lists and/or their contact information that belongs to Blockwave or appears in any other member’s activity report or downline report.
directly or indirectly disclosing the password or other access code to your back office or activity report.
forging any signature, including electronic signatures on any document.
making any unauthorized use of the Blockwave ’s name, logos, photos, videos, trademarks or copyrighted material in any way or fashion OR deviating from the content thereof in any form or manner.
violation of any government laws or regulations.
competing with the Blockwave’s products or services directly or indirectly through association with another business or through your own personal efforts which includes efforts to try and recruit Blockwave members to other platforms in competition with Blockwave whether directly or indirectly.
behaving aggressively or using abusive language, mistreatment, or any other inappropriate behaviour toward any Blockwave employee, founder or another Blockwave member.
publishing of any confidential information, including personal account statements, growth margins or profit guarantees on any social media platform or any other public platform.
engaging, promote or encourage any activity, behaviour, scheme, abuse or conduct in order to obtain an undue financial benefit through the compensation plan or the bonus plan.
Key Words, Phrases, Expressions and Acronyms not permitted by Blockwave
Members may under no circumstances use any of the following or similar words Key Words, Phrases, Expressions and Acronyms when communicating in any manner, on any topic, through any communication medium including verbal with any other person about Blockwave:
Print Money
Printing Money
Pyramid
Pyramid-Scheme
Get Rich making system
Get Rich Quickly
Fast Money
Money Machine
Use of such Key Words, Phrases, Expressions and Acronyms Members is seen in a serious light by Blockwave and can result in a member being suspended and the member’s account being closed.
Recruiting
Crossline recruiting is not permitted. Crossline Recruiting definition: the "recruiting/approaching of a “Blockwave” member who is not your own “Blockwave” personal direct" into/for another opportunity.
A member may not solicit an individual or entity that has previously been sponsored by another Blockwave member (or who is considering joining Blockwave and being sponsored by another member) to join their Blockwave business in such member’s bonus line.
A member may not register and fund a potential new member without their consent/authorisation in an attempt to lock them in their organization.
Territorial Rights/Conducting business across International Borders
Members may refer and sponsor new members in any country where Blockwave conducts business, without exclusivity.
Members conducting business in foreign countries must adhere to the Blockwave terms and conditions and policies and procedures governing activities in such countries.
Members are responsible for knowing and adhering to all laws and accepted business practices within the countries in which they choose to refer. This includes, but is not limited to, customs and immigration laws and accepted marketing practices and competition laws.


Qualification Requirements for Payment
Blockwave offers a variety of different options which enable the member to earn income through its Bonus Plan.
Some of these payment plans require that the Member must be qualified.
Qualification requirements are defined in the Bonus Plan.
it is the responsibility of the member to continually check and to ensure that they are qualified for each individual bonus plan which may require qualifications.
Blockwave will not be obligated, nor held liable, to pay for any bonus plan where a member may fall out of qualification.
Referral commission payments are paid to referrers within seven (7) days from a referee depositing his/her bitcoin in Blockwave and the payment has been confirmed.
Blockwave reserves the right to void and recover the referral bonus in full or part thereof should any irregularities occur within an eight (8) week period; this measure is implemented to protect the integrity of the Compensation Plan, The Bonus Plan and the administration of Blockwave.


General Rules
Always introduce and refer to yourself as an Blockwave member.
You should never give the impression that you represent Blockwave in any way as an employee or an official agent.
The use of Blockwave’s logos, trademarks, trade names or service marks are strictly prohibited without prior, written approval from the Blockwave Governing body.
Make sure that when you design any marketing or communication material, that it clearly shows that it is coming from you as a member and is not produced by Blockwave in any way, shape or form.
You may use Blockwave’s written information that is commonly found in current referral materials; you may not do so word for word (“ad verbatim”), without prior, written approval from the Blockwave Governing body, noting that Blockwave’s materials are protected by copyright laws and trademarks.
You may never make any promises of income, or forecasts of any nature of set growth percentages.
Blockwave will not and cannot be held liable for any losses of whatsoever nature due to unfulfilled promises to prospective members or third parties by any other existing members.
Trademarks and Copyrights Blockwave will not allow the use of its trade names, trademarks, designs, photos, videos, audio recordings or symbols by any person, including any Blockwave member, without its prior, written permission of the Blockwave Governing Body.
Members may not produce, for sale or distribution, any recorded Blockwave events and speeches without written permission from the Blockwave Governing Body, nor may members reproduce, for sale or for personal use, any recording of Blockwave-produced audio or videotape presentations.
Events
Blockwave supports the practice of Regional and Local Training Events, "Personal Business Opportunity Meetings” and Private Business Receptions, as they are valuable educational platforms when conducted properly with both professionalism and integrity.
Remuneration of Fees for Action taken by Blockwave
Blockwave reserves the right to pursue the remuneration of any legal or operational fees or the recovery for any damages as a result of any policy violation by any Blockwave member.
Blockwave further reserves the right to recoup such costs from future bonuses or other payments of such defaulting member.


Privacy of Personal Information
Blockwave has a strong commitment to protecting the privacy of its customers and members and their personal information.
Unauthorized disclosure or access of personal information by any member or proxy, including but not limited to, account information or personal identification number, is a violation of Blockwave privacy policy, and is strictly prohibited.
Further Limitations
Blockwave reserves the right to limit or disallow any marketing activities that cast negative aspersions on the integrity, truthfulness, and/or reputation of Blockwave or its members.
Members will adhere to the advertising and representative guideline set forth by the Blockwave Governing Body.
Members may not interfere with the trading activities or decisions of Blockwave under any circumstances and will direct any query relating to trading, to the Blockwave Support Team.
If any query is related to a financial or accounting nature, the Blockwave Member will be able to communicate and interact with the Tier2 and Tier3 Support in respect thereof.
Members may not place any trading orders nor instruct Blockwave or the Governing Body in respect of the trading activities or otherwise interfere with the trading pool activities.
Conclusion
The rules and regulations outlined in this document are intended to protect the Blockwave opportunity for and the interests of all involved which includes the owners, directors, officers and employees and every member of Blockwave and members are implored to adhere to the terms and conditions, as well as the policies and procedures, as set forth herein to ensure that you are in compliance.
Please note that any infraction of these rules and regulations may result in suspension or immediate deactivation/termination of your membership.
Declaration
By accepting herein below, I confirm that I have carefully read, understood, and I agree to comply with Blockwave’s Terms and Conditions and Policies and Procedures.
I further agree and understand that Blockwave’s Policies and Procedures are binding and form part of this agreement.
I understand that I must be in good standing and not in violation of any of the terms of this agreement in order to be eligible to receive any bonuses or payments from Blockwave.
The continuation of my Blockwave membership or my acceptance of bonuses or payments shall constitute my acceptance of the terms and conditions, the policies and procedures and any and all amendments pertaining to both of the aforesaid.

SECTION: 4
Blockwave INVESTMENT LTD (Blockwave)
CORE VALUES (ALSO KNOWN AS BRAND VALUES)

Introduction
Blockwave takes great pride in its Core / Brand Values and expects its leadership, staff and members to abide by these values in their dealings with one another and others not part of the Blockwave family.
Blockwave Core / Brand Values
Family – "The love of family and the admiration of friends is much more important than wealth and privilege." ~ Charles Kuralt
Passion – we take pride in everything we do.
Fairness – we are objective and impartial in all our dealings.
Caring – we communicate honestly and respectfully.
Integrity – we are honest, transparent and committed to doing what is best for our members and our company.
Excellence – we strive to be the best in all we do.
Partnership and Collaboration – we rely on each other to learn and grow.
Compassion – "Compassion is the greatest form of love humans have to offer." ~ Rachael Joy Scott


SECTION: 5
Blockwave
CODE OF CONDUCT

Your Conduct - What you cannot do:
You agree not to:

Use the Blockwave website or cause it to be used for any unlawful purposes.
Use any information obtained from this website to transmit or authorize the transmission of junk mail, chain letters, or unsolicited emails or social media publications.
Interfere with, disrupt, or create an undue burden on Blockwave’s operation of its website or administration in general.
Use any robot, spider, or other device or process to retrieve, index, or in any other way reproduce, modify or circumvent the navigational structure, security or presentation of this website, or cause it to happen.
Make any false, misleading or disparaging statements about Blockwave, its employees or Founders, the Blockwave Bonus Plan, or any registered members, previous and/or current or their positions or the Blockwave mission and vision.
Display of any trading results or bonuses without prior consent from the Blockwave governing body and affected member/s,
The making of income projections and use of income testimonials to the public, which is strictly prohibited.
Your Conduct – What you can and are encouraged to do
You will conduct yourself as a member in a courteous, fair and ethical manner. In the case of juristic, legal or entities other than individuals, these terms and conditions shall apply mutatis mutandis to all persons involved in and representative of such entities.
You are responsible for supervising and supporting the members you refer to Blockwave and in your commissionable downline; this responsibility lies with you to ensure that the referred members have acquainted themselves with the terms and conditions of Blockwave. You acknowledge that you are not a Financial Advisor (if not registered as one by the competent authority) and that you are not entitled, qualified or allowed to provide financial or investment advice to any person or entity.
You agree and undertake to maintain monthly communication and support to these members in your commissionable downline by way of any of the following or combination thereof: Personal contact, telephone communication, written communication and attendance at member meetings.
You will not promote, take part or assist any other person/s in any activity to destabilize the binary system or Bonus Plan or to obtain any undue financial gain through activities such as rolling deposits and/or other similar types of unethical financial behaviour.
You undertake to keep any and all Blockwave statements private and confidential. You agree that you will not publish any statements, profits and the like on social media or any other platform, web site or search engine which is subject to public consumption. You further agree that you shall not produce, or cause to be produced, any form of other media for public consumption, relating to statements, Blockwave returns or profits, be it print or digital.
Non Compliance – Consequence
You understand that if you fail to comply with the terms of this agreement or policies and procedures of Blockwave, or any part of this agreement, Blockwave, at its discretion, may terminate your membership or impose upon you other disciplinary action, including, but not limited to the forfeiture of bonuses, loss of all or part of your downline referral organization, irrespective of the pending or allocated status of such bonuses.
If you are in breach, default or violation of the agreement at termination, you will not be entitled to receive any further bonuses.
If this agreement is terminated for any reason, you will forever lose your rights as a member, including rights to your downline referral organization, and rights to Bonus pursuant to Blockwave’s Bonus Plan.

Blockwave also offers members an opportunity to earn an OPTIONAL and additional income. The undermentioned income streams are subject to the qualification requirements as set out herein and must be read together with the Terms and Conditions published on the Blockwave Website.


 




SECTION: 6
Blockwave (Blockwave)
SPONSOR

Any club member can become a Sponsoring member on the condition that:
The member accepted the Terms and Conditions as set out in this Blockwave agreement, the qualification criteria for the 5% Referral Bonus Plan,
In case the Sponsor member do not click the acceptance of the terms and conditions in the back office, the member will not be able to send referral links or invite new members to Blockwave. This member will then only be qualified to partake in the daily trading activities of Blockwave.
The sponsoring must be active and compliant member in order retain Sponsor status and qualify for all the bonus plans.
Should a member be investigated due to any misconduct will Blockwave suspend/disable the sponsoring member’s access to the back office and will the sponsoring member not be able to refer any new members until finalization of the investigation by Blockwave.

Blockwave reserves the right, to reject a Sponsor application without stating reasons.
In case of breach of the obligations listed in the General Terms and Conditions or this Agreement shall Blockwave be entitled to terminate the Sponsor Agreement without prior notification and with immediate effect.
Furthermore, in case of immediate termination, Blockwave expressly reserves the right to claim compensation from the default member my means of legal action or by setting off any loss Blockwave may have suffered by:
Deducting the amount from any bonus due and pending to the member, or;
Should the debt not be satisfied in full through the implementation of paragraph 3 (V) a. then Blockwave reserves the right to seize and freeze the member’s capital amount pending legal action.

STATUS OF THE SPONSOR MEMBER AS AN ENTREPRENEUR AND OBLIGATIONS OF THE SPONSOR MEMBER
The sponsor member acts independent from Blockwave .
The sponsor member is not an employee, commercial representative or agent of Blockwave.
The sponsor member bears all risks connected to their business activity, including bearing all business costs in relation to their referral activities and has now claim against Blockwave for any such costs.
During its activity the sponsor member may not harm third parties’ rights, may not bother third parties and may not violate effective laws applicable in its country.
In case of sending electronic marketing materials, no unwanted electronic advertisements may be sent, marketing faxes, text messages or marketing phone calls can be made (even using automated call centres).
No irregular or illegal activity may be performed, e.g. unauthorized or incorrect marketing activity. Especially, the sponsor member may not communicate false or deceiving data with regard to Blockwave and its services.
Sponsor members is not entitled to sell the products and services of other companies to other members of Blockwave by using the Blockwave members list as a source of prospecting.
The sponsor member is obliged to keep the business secrets and structure of Blockwave confidential.
Blockwave provides marketing and sale-documentation controlled from all aspects for all countries that are located in the website of the Blockwave back office. It is forbidden to use, produce and market own brochures, own product brochures or other individually created press and marketing materials, without the prior written approval of Blockwave. This approval may be withdrawn at any time. The services of Blockwave through the Internet may only be marketed with the use of the marketing devices and marketing communication material provided. The sponsor member may not publish data regarding this. In case the sponsor member advertises the services of Blockwave on other Internet media.
The sponsor member may not sell or otherwise propagate their own marketing and/or written documentation or multimedia productions to other Blockwave members, furthermore they may not publish those in any way.
During its business activity the sponsor member may not convey an impression that he is acting as an agent or representative of Blockwave and may not convey an impression, that he depends on Blockwave and follows its orders.
The sponsor member may not take money representing Blockwave, furthermore is not entitled to make any declaration or undertake any obligations as if representing Blockwave.
During the marketing activity, the sponsor member has to abstain from fraudulent commercial practices. The sponsor member is expressly obliged to introduce himself as an independent and individual commercial member of Blockwave.
The Internet sites, letter-papers, business cards, furthermore advertisements, marketing material and such shall indicate the sponsor member as individually liable, and these materials have to contain the “individual business member of Blockwave” text.
The sponsor member is not allowed to take up a loan, pay costs, undertake obligations, open a bank account, conclude other contracts or make a declaration containing obligations using the name of Blockwave.
During its business activity the sponsor member may not mention negatively, detractingly or otherwise illegally the brand names of the competition, may not evaluate other companies negatively or detractingly, furthermore may not apply negative, despising or other illegal evaluation in order to recruit members of other companies.
All presentations, marketing, educational and film material provided in the back office (including photos) is under the intellectual property protection of Blockwave. These materials may not be either partly or totally multiplied, spread or published without the express written consent of Blockwave.
The use of the name, trade name, titles and business names (hereinafter referred to as: ’distinguishing marks’) is also only allowed with the prior written approval of Blockwave. The same is applicable to the registration of such domain names and e-mail addresses that contain a characteristic of Blockwave in any form. Blockwave may request, that those Internet domain names or e-mail addresses, that contain some kind of Blockwave characteristic, and the use of which were not approved by Blockwave in writing, should be deleted, furthermore in case of Internet domain these should be transferred to Blockwave. In case of transfer, Blockwave undertakes to compensate the costs of the transfer of the Internet domain.
Bonus manipulations are forbidden including but not limited to rolling deposits. It is forbidden among others to sponsor new members, who actually does not perform business activity connected to Blockwave (so-called strawman), furthermore either open or hidden multiplied registrations. It is forbidden to use the name of spouses, relatives, business names, legal entities and third parties, in order to evade this provision.
Any sponsor member who wishes to continue their sponsor member activity on another sponsor line can request the deletion of their position in Blockwave in writing. This request must clearly state the reason why you want to move to another line, confirmation that your sponsor is aware of the request and reasons for the request. Blockwave will then consider the request and provide the member with the outcome.
The sponsor member cannot answer questions of the press in connection with Blockwave, its services, the Compensation Plan of Blockwave or other services offered by Blockwave. The sponsor member is obliged to forward all questions from the press immediately to Blockwave.
The sponsor member shall be obliged to support and train its downline members. For example the sponsor is obliged – including but not limited to – provide training to its personally sponsored and spill-over members regarding the terms and conditions, the compensation plan, security of their passwords and emails, 2FA registration, and the use of back office. The sponsor receives no compensation for this activity, since they receive bonuses on the volume of their down line.
In the course of their activities, the sponsor member cannot communicate via any means, may not propagate in any way any content regarding their own or others’ gender, racial identity, colour, nationality, belonging to a national or ethnic minority, mother tongue, disability, health status, religious or world views, political or other opinion, family status, sexual preferences, gender identity, age, social origin, economic status, belonging to any trade associations, this includes audio and video recordings, images, texts, computer files and codes, websites, social media sites, hidden implications etc.
The sponsor member must conduct business in an ethical and credible manner and requires its downline members to deal ethically with their customers, with each other and with Blockwave.
If Blockwave determines that unethical activities may exist on the part of the referring/sponsor member, it reserves the right to warn, suspend or terminate the member status, including but not limited to, all bonuses and payments of any kind.
Under no circumstances is a sponsor member, whose membership is terminated for unethical or illegal activity, entitled to sell or transfer their position.
Not take part in the planning, executing, forming, or creating a group of self-owned causally linked positions for the purpose of gaining additional profits, commonly known as “Stacking”. This formation is strictly prohibited.
Examples of unethical behaviour include, but are not limited to, the following: -
Making unapproved income claims or revealing the amount of income you are or have received through Blockwave without prior consent from the Blockwave Governing Body.
Use any of the information in your back office or activity report in a manner to influence another Blockwave member to alter their relationship with Blockwave in any manner whatsoever.
Use the information in your back office or activity report to compete with Blockwave in any manner whatsoever, either directly or indirectly, personally or through an agent or third party.
Providing, selling or revealing any customer lists and/or their contact information that appears in your activity report or downline report to a third party. This includes the customer lists and/or their contact information that belongs to Blockwave or appears in any other member’s activity report or downline report.
Directly or indirectly disclose the password or other access code to your or your referrals back office or activity reports.
Forging any signature, including electronic signatures on any document.
Competing with the Blockwave’s services directly or indirectly through association with another business or through your own personal efforts.
Aggressive or abusive language, behaviour or treatment or any inappropriate behaviour toward any Blockwave employee, founder or another Blockwave member.
Engage, promote or encourage any activity, behaviour, scheme, abuse or conduct in order to obtain an undue financial benefit through the compensation plan or the bonus plan.
Sponsor members will in the course of recruiting not make themselves guilty of:
Crossline recruiting is not permitted. Crossline Recruiting is the recruiting/approaching of any current Blockwave member/s who is already referred and signed up in the Blockwave structure.
A member may not solicit an individual or entity that has previously been sponsored by another Blockwave member (or who is considering joining Blockwave and being sponsored by another member) to join their Blockwave business in such member’s bonus line.
A member may not register and fund a potential new member without their consent/authorisation in an attempt to lock them in their organization.
PROTECTION OF THE SPONSOR, EXCLUSION OF TERRITORIAL PROTECTION, SPECIAL RIGHTS
A newly referred member will be linked to the organization of the sponsor who referred that person for the first time to Blockwave (sponsor protection). The funding of the account BY the new member shall be the indicating factor of determining the sponsor. In case two sponsor member, intend to indicate the same new member as sponsored, then Blockwave will only take the sponsor indicated at the first account deposit.
The observance of the sponsor lines is the basic principle of Blockwave that is necessary for the protection of all sponsor members.
In case a member tries to register himself several times through a strawman, spouse, other relative/s, trade name, or legal entity at Blockwave in order to change binary legs, or by giving false data create such a new sponsor member relationship, it may cause the immediate termination of the member status without warning.
Blockwave is entitled to delete the name and addresses of the sponsor member from the system, in case mails are sent back with the following signs: ’invalid e mail address’, or similar and the member does not correct the false data within a 7 working days period.
Members may refer and sponsor new members in any country where Blockwave conducts business, without exclusivity.
Members conducting business in foreign countries must adhere to the Blockwave terms and conditions and policies and procedures governing activities in such countries.
Members and sponsors are responsible for knowing and adhering to all laws and accepted business practices within the countries in which they choose to refer. This includes marketing practices and competition laws.
PAYMENT CONDITIONS, PAYMENT METHODS OF THE BONUSSES, TRANSFER PROHIBITION
Blockwave offers a variety of different options which allows the member to earn income through its Bonus Plan.
Some of these payment plans require the member and sponsor to be qualified. Qualification requirements are defined in the Bonus Plan. It is the responsibility of the member and sponsor to continually check and to ensure that they are qualified for each individual bonus plan which may require qualifications. Blockwave will not be obligated compensate a member who may fall out of qualification.
Referral bonus payments are paid to referrers from a referee depositing his/her bitcoin in Blockwave if his/her payment has been confirmed. Blockwave reserves the right to void and recover the referral bonus in full or part thereof should any irregularities occur within an eight (8) week period. This measure protects the integrity of the Compensation Plan, The Bonus Plan and the administration of Blockwave.
The payment of bonuses of the sponsor member shall take place in the back office.
The possibilities and qualifications for receiving bonuses are published in the Compensation plan.
The sponsor member may not assign or offer as security its rights resulting from the Compensation Plan.
The Agreement may not be encumbered with the rights of third parties.
If a members referrer withdraws his or her bitcoin deposit within 7(SEVEN) days from the date of deposit the sponsor will forfeit the 5% referral bonus.

SECTION 7

Compliance on Early Stage Token Investing

All accredited and Unaccredited Investors are expected to do a KYC.

Both Accredited and Unaccredited Investors must notify if they are investing as an individual or Jointly.

If you are investing Jointly in the early stage Token you must clearly notify and you will be given a due process to follow. If for any reasons this option is violated and we notice, this will lead to a penalty on the defaulted account.

All Accredited Investors must provide Supporting documentation that you are an accredited investor with one of the three options below:

$1m net worth, not including primary residence, by providing brokerage statement AND full credit report

Written confirmation from lawyer, CPA, RIA or broker dealer attesting that you are an accredited investor

If you are FINRA licensed individual with Series 7, 65 or 82, please provide your CRD number

DISABLING/SUSPENSION OF SPONSOR MEMBER
Irrespective of the reasons for disabling/suspending mentioned in the General Terms and Conditions and this Agreement Blockwave reserves the right to disable/suspend the sponsor member due to serious reasons.
Blockwave expressly reserves the right to disable/suspend the online access of the sponsor member to the system without deadline, in case the sponsor member breaches the obligations mentioned in the terms and conditions and this agreement or breaches other legal provisions or there is other serious reason, and the sponsor member fails to terminate the breach at the notification of Blockwave within the deadline determined by Blockwave.

TERMINATION OF THE AGREEMENT, CONSEQUENCES OF TERMINATION, DEATH OF THE SPONSOR MEMBER
This Sponsor member Agreement terminates due to the following:
Upon the death, liquidation or sequestration of the sponsor member, or
When the sponsor member is removed from the system due to misconduct of any nature, or:
If the member registration is terminated by either the member or Blockwave .
The agreement may be inherited by observing the legal conditions in the General Terms and Conditions under Survivorship.
Following the termination of the Agreement is it forbidden to use such Internet domain or e-mail addresses that contain the Blockwave name, or any Blockwave brand name, trade name or title.
In the case of Internet domains the sponsor member has to hand these over to Blockwave, and Blockwave pay the transfer costs should Blockwave have provided the sponsor with prior permission to use same. If prior permission were not granted then the sponsor will be liable for the transfer cost.
Following the termination of the agreement by the sponsor member other than for misconduct, the sponsor may only re-register with Blockwave after the 1 month have passed.
The sponsor member may send a request to the e-mail address block-wave.live to ask for permission re-register within one month after termination with the indication of his future sponsor. Blockwave will inform the sponsor member via a message sent to the sponsor member registered e-mail address about the acceptance or denial of the request.
The sponsor member may conclude a new registration without special written consent 6 months after the termination of the first agreement.
Following the termination of the agreement the sponsor member shall not be entitled to receive bonuses from its downline structure and forfeits any right thereto due to the cancellation of the agreement for any reason.

TRANSFER OF THE SPONSORED STRUCTURE TO THIRD PARTIES
No account shall be ceded or assigned to any third party, due to the risk of cybercrimes. Despite any other terms and conditions contained herein, Blockwave reserves the right, in exceptional circumstances, to change the account holder detail.
HANDLING OF WRITTEN QUERIES
The lead time of the investigation providing the basis for the assessment of questions, requests or occurring complaints received by Blockwave in writing is 7 days.
The support section of Blockwave will deal with all queries related to the back office and queries submitted to block-wave.live. This email address will also be the only forum wherein queries and requests will be entertained.
Social media requests to management of Blockwave is not allowed or permitted.

CLOSING PROVISIONS, ESCAPE CLAUSE
Blockwave shall be entitled to modify this General Terms and Conditions for sponsor members from time to time. The modifications are published by Blockwave in the official Blockwave website www.Blockwave
The modifications and amendments of this Agreement are valid exclusively in writing.
In case any provision of this Agreement for sponsors becomes invalid or is incomplete, it does not result in the invalidity of the whole Agreement, but the invalid or incomplete provision shall be substituted with a provision that is closest to the invalid or incomplete provision from an economic point of view. The same applies to the termination of shortcomings demanding valid regulation.