Presale Participation Terms

1. About the Presale

webai3.app is conducting a public token presale for AIC, an ERC-20 utility and governance token deployed on the Ethereum network. AIC is used within the WebAI3 platform to pay for AI inference, receive fee discounts, and participate in on-chain governance.

The Presale is structured in seven sequential phases with escalating prices ranging from $0.010 to $0.070 per AIC. A total of 500,000,000 AIC tokens are allocated to the Presale. The Presale hard cap is $7,000,000 USD. Phase transitions occur automatically when the cumulative raise target for the active phase is reached on-chain.

Proceeds are allocated as follows: 70% to protocol liquidity, 15% to development runway, 10% to the team, and 5% to marketing. These allocations may be adjusted at webai3's discretion as circumstances require.

2. Eligibility

To participate in the Presale you must satisfy all of the following requirements:

• You are at least 18 years of age, or the age of legal majority in your jurisdiction if that is higher.
• You are not a resident, citizen, or national of, and are not located in, any jurisdiction where participation in token presales is prohibited or restricted, including but not limited to: the United States of America and its territories, the People's Republic of China, the Democratic People's Republic of Korea, Iran, Cuba, Syria, Russia, Belarus, and any other jurisdiction subject to comprehensive sanctions by the United Nations Security Council, the European Union, the United Kingdom, or the United States Treasury Office of Foreign Assets Control (OFAC).
• You are not acting on behalf of, and the funds you use to participate do not derive from, any sanctioned person, entity, or jurisdiction.
• You have the full legal capacity to enter into a binding agreement under the laws of your jurisdiction.
• You are purchasing AIC for your own account, for use or investment purposes, and not with the intention of reselling AIC immediately after purchase or to circumvent any applicable regulation.

By participating you represent and warrant that each of the above is true and will remain true throughout your participation. webai3 reserves the right to refuse, suspend, or cancel any participation, or to withhold or cancel any token allocation, if we have reasonable grounds to believe any eligibility condition is not met.

3. Not investment advice; no guarantees

Nothing published by webai3 — on this website, in project documentation, on social media, or elsewhere — constitutes investment advice, financial advice, legal advice, tax advice, or any recommendation to purchase AIC tokens. All information is provided for informational purposes only.

webai3 makes no representation or warranty, express or implied, that:

• AIC tokens will appreciate in value or maintain any particular price;
• AIC tokens will be listed on any centralised or decentralised exchange;
• the WebAI3 platform will be completed, commercially successful, or achieve any particular technical objective; or
• the Presale will reach its hard cap or any individual phase's raise target.

You are solely responsible for evaluating the merits and risks of participating. You should seek independent professional advice before making any financial decision.

4. Risk factors

Participating in the Presale involves substantial risk of loss. Key risks include, but are not limited to:

• Market risk. The market price of AIC tokens may be highly volatile and may decline significantly or fall to zero after the Presale.
• Liquidity risk. There is no guarantee that a secondary market for AIC will develop, or that you will be able to sell or transfer your tokens at any particular time or price.
• Technology risk. Smart contracts may contain bugs or vulnerabilities. Blockchain networks may experience congestion, forks, or outages. These events could result in partial or total loss of funds.
• Regulatory risk. The legal and regulatory status of digital tokens is uncertain and rapidly evolving. Future legislation or regulation may restrict or prohibit the trading, holding, or use of AIC tokens in your jurisdiction, including retroactively.
• Project risk. webai3 may fail to develop or maintain the WebAI3 platform. Funds raised may be exhausted before the platform is complete. Key personnel may depart.
• Custody risk. Loss of access to your private keys or wallet results in permanent, unrecoverable loss of your AIC tokens. webai3 cannot recover lost tokens.
• Transaction finality. Confirmed on-chain transactions are irreversible. Sending funds to an incorrect address results in permanent loss.

This is not an exhaustive list. A plain-language overview of key risks is available at webai3.app/risk.

5. Purchases are final; no refunds

All Presale purchases are settled on the Ethereum blockchain and are final and non-refundable once confirmed on-chain, except as required by applicable mandatory consumer protection law. By submitting a purchase transaction you acknowledge that you have reviewed and accepted the token price, quantity, and wallet address, and that you will not seek a chargeback or reversal through any payment intermediary.

webai3 does not process or handle fiat currency. All payments are made in USDC (USD Coin) on the Ethereum network. You are responsible for all gas fees associated with your transactions.

6. On-chain transactions and wallet security

Before signing any transaction through this site, you are responsible for verifying:

• the network (Ethereum Mainnet);
• the presale contract address;
• the USDC contract address;
• the token amount and USDC amount; and
• the receiving wallet or contract address.

webai3 will never ask you to send funds to a wallet address communicated through social media, direct messages, or unofficial channels. Always verify contract addresses against those published on this website. webai3 is not liable for losses resulting from interaction with counterfeit or phishing contracts.

7. Token delivery and vesting

AIC tokens purchased during the Presale are subject to the following vesting schedule, applied at Token Generation Event (TGE):

• 30% unlocked at TGE;
• 35% unlocked at TGE + 3 months; and
• 35% unlocked at TGE + 6 months.

Vesting is enforced on-chain by a smart contract. Tokens subject to vesting cannot be transferred before the applicable unlock date. webai3 will publish the TGE date at least 14 days in advance through official channels.

webai3 reserves the right to adjust the TGE date and delivery timeline due to technical, legal, or regulatory requirements. Material changes will be communicated through official channels as early as practicable. Delayed delivery does not constitute grounds for a refund.

8. Presale phases and pricing

The Presale consists of seven phases. Phase transitions are triggered automatically on-chain when the cumulative raise target for the active phase is reached. The price you pay is determined by the active phase at the block in which your transaction is confirmed. webai3 does not guarantee that any particular phase will remain open for any minimum duration.

A minimum purchase of $25 USD applies to all phases. Per-transaction and per-wallet maximum amounts apply in certain phases and are displayed in the purchase interface at the time of purchase. webai3 reserves the right to modify phase parameters, including caps and durations, by publishing an updated configuration on-chain.

9. Anti-money laundering and know-your-customer

webai3 is committed to compliance with applicable anti-money laundering (AML) and counter-terrorism financing (CTF) requirements. We reserve the right to implement know-your-customer (KYC) identity verification procedures at any time, including after a purchase is made, and to withhold or cancel token allocations pending satisfactory completion of such procedures.

You agree to provide accurate, complete, and current information if requested in connection with any KYC process. webai3 may share information with relevant authorities where required by law. Failure or refusal to complete required verification may result in forfeiture of your token allocation without refund.

10. Intellectual property

All content on this website — including text, graphics, logos, user interface elements, and software — is owned by or licensed to webai3 and is protected by applicable intellectual property laws. No content may be reproduced, distributed, or used for commercial purposes without our prior written consent.

Purchase of AIC tokens does not grant you any intellectual property rights in webai3's platform, brand, or technology beyond the on-chain utility rights described in the AIC token documentation.

11. Limitation of liability

To the maximum extent permitted by applicable law, webai3 and its officers, directors, employees, contractors, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages — including loss of profits, loss of data, or loss of tokens — arising out of or in connection with your participation in the Presale or your holding or use of AIC tokens.

In all cases, webai3's aggregate liability to you shall not exceed the total amount you paid to participate in the Presale. Some jurisdictions do not permit exclusion or limitation of certain types of liability; in those jurisdictions the above limitations apply to the fullest extent permitted by law, and nothing in these Terms limits any rights you may have under mandatory local consumer protection law.

12. Indemnification

You agree to indemnify, defend, and hold harmless webai3 and its affiliates, officers, directors, employees, and contractors from and against any claims, proceedings, liabilities, damages, losses, and costs (including reasonable legal fees) arising out of or connected to: (a) your participation in the Presale; (b) your breach of these Terms or any representation made herein; (c) your violation of any applicable law or regulation; or (d) your violation of the rights of any third party.

13. Amendments to these Terms

webai3 may update these Terms at any time. If we make material changes, we will publish the updated Terms on this page and announce the change through official communication channels at least 7 days before the updated Terms take effect, except where an immediate change is required by law or to address a security risk.

The date at the top of this page reflects the most recent update. Continued participation in the Presale after the effective date of any updated Terms constitutes your acceptance of the revised Terms.

14. Governing law and dispute resolution

These Terms are governed by and construed in accordance with the laws of the Republic of Chile, without regard to its conflict of law principles.

Any dispute, controversy, or claim arising out of or in connection with these Terms, or the breach, termination, or invalidity thereof, shall first be submitted to good-faith negotiation between the parties. If the dispute is not resolved within 30 calendar days of written notice, it shall be finally settled by binding arbitration conducted in Santiago, Chile, in accordance with the arbitration rules of the Centro de Arbitraje y Mediación de Santiago (CAM Santiago). Proceedings shall be conducted in Spanish or English, as agreed by the parties. The arbitral award shall be final and binding.

Nothing in this clause prevents either party from seeking urgent injunctive or other interim relief from a court of competent jurisdiction to prevent irreparable harm pending arbitration.

15. Miscellaneous

Severability. If any provision of these Terms is found to be invalid, illegal, or unenforceable, that provision shall be modified to the minimum extent necessary to make it enforceable, or severed if modification is not possible, and the remaining provisions shall continue in full force and effect.

Entire agreement. These Terms, together with the Risk Disclosure and Privacy Policy, constitute the entire agreement between you and webai3 with respect to the Presale, and supersede all prior communications and representations on the same subject matter.

No waiver. webai3's failure to enforce any provision of these Terms does not constitute a waiver of our right to enforce it in the future.

Language. These Terms are written in English. Any translation is provided for convenience only; the English version governs in the event of any conflict.

16. Contact

For questions or notices relating to these Terms, contact the webai3 team through the official support channels listed at webai3.app.