CarbonlandDAO LLC (“We” or “CarbonlandDAO” ) exists to establish and operate nature preserves. CarbonlandDAO plans to utilize blockchain and DLT technology for organizational management to automate and improve transparency around certain aspects of organizational governance of the club’s business, commonly known as a “decentralized autonomous organization” or a “DAO.”
We are offering for sale two types of digital goods: a “Membership NFTs(that come in Levels)” and “Governance Tokens (CDAO)” on or about April 1st, 2022. The purchase of CDAO Token or a Membership NFT or is a transaction in goods and not a promise to provide, or a guarantee of receipt of, future services from CarbonlandDAO, although we will make reasonable efforts to ensure that the DAO stays in existence which allows you to the functionality associated with CDAO and the Membership NFTs. Your rights in the Nature Preserves will be subject to club rules, the terms of which will be determined if and when the club comes into possession of properties owned by the DAO.
You understand and agree that the sale of CDAO and Membership NFTs grants you no rights and carries with it no guarantee of future performance or returns of any kind by CarbonlandDAO LLC. You are not entitled, as a holder of CDAO or any Membership NFT, to receive dividends or profits or be deemed the holder of equity of CarbonlandDAO LLC or any other person by virtue of your ownership of CDAO or a Membership NFT, nor will anything contained herein be construed to construe on you have any of the rights of a shareholder, partner, joint venture, etc. or any right to vote for the election of managers or directors or upon any matter submitted to shareholders at any meeting thereof, or to give or withhold consent to any corporate action or to receive notice of meetings, or to receive subscription rights to purchase such equity of CarbonlandDAO LLC.
You understand that the development of CarbonlandDAO’s business is a risky venture and you acknowledge and assume the risk that CarbonlandDAO may not be able to complete, substantially or in part, the acquisition of properties or any other aspect of its operations and furthermore that a significant proportion of the funds generated by CDAO and the Membership NFTs are expected to be retained by CarbonlandDAO LLC for any lawful business purpose, and that a significant proportion of the funds generated by CDAO sales are expected to be used by CarbonlandDAO LLC for purchasing real estate that will be perpetually conserved. Your purchase of CDAO or an NFT could lead to the complete loss of your money, and no payments will be returned. CDAO and Membership NFTs will be created and delivered to any purchaser at the sole risk of the purchaser and on an “as-is” basis. Purchaser has not relied on any representations or warranties made by CarbonlandDAO LLC or any other person outside of the context of these Terms of Sale, including but not limited to conversations of any kind, including but not limited to whether such statements are made through oral or electronic communication, or any White Paper, social media post or website.
The sale of CDAO and the Membership NFTs is governed by, and these Terms of Sale and will be construed in accordance with, Wyoming law, without regard to conflict of laws principles. All disputes with CarbonlandDAO by you or your successors or assigns directly or indirectly arising under or in relation to these Terms of Sale for CDAO and the NFTs shall be brought and resolved solely and exclusively in final and binding arbitration in the State of Wyoming, in Sheridan, and under the Rules of Arbitration of the American Arbitration Association.
CLASS ACTION WAIVER: TO THE EXTENT PERMISSIBLE BY LAW, ALL CLAIMS MUST BE BROUGHT IN A PARTY’S INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS OR ENGAGE IN ANY CLASS ARBITRATION. YOU ACKNOWLEDGE THAT, BY AGREEING TO THESE TERMS, YOU AND CARBONLANDDAO ARE EACH WAIVING THE RIGHT TO A TRIAL BY A JUDGE OR A JURY IN A PUBLIC FORUM AND THE RIGHT TO PARTICIPATE IN A CLASS ACTION.
Without prejudice to any other provision of these Terms of Sale, you acknowledge and agree that, except in the case of Carbonland DAO’s fraud or willful default, and except as otherwise required by any non-waivable provision of applicable law, CarbonlandDAO LLC shall not be liable in any manner whatsoever to you or any other person for losses or damages of any kind, whether arising in contract, tort, or otherwise, arising from the sale of CDAO or Membership NFTs to any person.
All purchases of any CDAO and Membership NFT are final and nonrefundable.
If you have any questions please contact CarbonlandDAO LLC. at support@carbonlanddao.com