1. General
These Blockchain Affiliate Partner Program Terms and conditions (the “BAPP Terms”) govern the Affiliate Program (the “BAPP Program”) that is made available and offered by CU Ltd within Cryptounity services, operating www.cryptounity.org. (“Cryptounity”, “we” or “us”). These Terms and Conditions represent the whole agreement and arrangement of the relationship between Cryptounity and the individual or entity who participates in the BAPP Program (the “BAPP Partner” or “you”). The BAPP Terms are a sub-part of the General Terms and Conditions, Privacy policy and Cookies Policy.
Please read these BAPP Terms carefully as it represents a legally binding agreement between you and Cryptounity.
By submitting your application and by your use of the Affiliate Program, you agree to comply with all of the terms and conditions set out in this BAPP Terms. Cryptounity may terminate your BAPP Account at any time, with or without notice, including (but not limited to) for conduct that is in breach of this Affiliate Terms, for conduct that Cryptounity believes is harmful to its business, or for conduct where the use of the BAPP Program is harmful to any other party.
2. Process of becoming an affiliate partner
Every new affiliate partner will have to submit the “BAPP application form” via the website link: https://cryptounity.org/affiliate.
Every new BAPP partner can be a natural person, a company or an individual entrepreneur.
BAPP Partners will fill the form with the following data:
– name and surname,
– email and password,
– Metamask wallet address.
The profile of the BAPP partner will be created once all the necessary data shall be filed and once the BA
PP partner confirms an agreement with these BAPP Terms.
Every BAPP partner will be able to generate his individual BAPP code and an affiliate link, which he will be using as an BAPP partner to promote Cryptounity project.
Upon entering the correct BAPP code or making a purchase via affiliate link, within this BAPP program for the presale of CUT tokens, the buyer (user of a BAPP code or an affiliate link) will receive a 5% purchase bonus payable in CUT tokens.
For example: if a buyer uses BAPP code and an affiliate link and buys 100 CUT at a price of 1 EUR/CUT, he will receive 105 CUT (5% bonus).
The BAPP partner receives a 5% commission from the initial purchase of a buyer (user of a BAPP code and an affiliate link).
3. Affiliate Transaction Tracking
Each BAPP partner has an affiliate dashboard account to link to transactions performed by the referral partner’s buyer.
Each BAPP partner will be able to track commissions on the dashboard of his/her profile. The dashboard will show the sum of his/her earnings.
All commissions are automatically updated during the pre-sale and updates are shown on the BAPP partner dashboard, as soon as the CUT token purchase is completed by the buyer and Cryptounity receives the payment.
Note: If Cryptounity does not receive the payment, an affiliate partner is not eligible to receive a bonus.
There is no maximum amount of commission earnings within this program.
A BAPP partner is not authorized to modify or alter the affiliate transactions in any way. The BAPP partner’s account remains active and in good standing at all times.
4. Affiliate Fees and Payouts
A BAPP partner will become eligible for payout at the end of the presale stage of the CUT tokens if it meets all of these criteria:
– the referred new buyer makes a purchase of a new CUT token using a BAPP code or an affiliate link of an affiliate partner,
– the buyer completes the transaction by paying for the purchased tokens,
– the payment is made by: bank transfer, PayPal or in the following cryptocurrencies ETH, BUSD and BNB (payments with other methods of payment or with cryptocurrencies not stated here, are not acceptable)
– Cryptounity receives value for the purchased tokens.
Failure to meet any of these criteria will disqualify the BAPP partner and buyer from any potential BAPP payouts.
Once the buyer makes a CUT purchase with the BAPP code or an affiliate link, using a bank transfer, PayPal or payment with the above stated cryptocurrencies, the BAPP partner shall receive an affiliate commission in the form of a cryptocurrency of his choice.
The payout can be made in ETH, BNB, BUSD or CUT tokens. Only one cryptocurrency can be chosen as a means of payout. If the BAPP partner chooses to receive a payout in the form of a CUT token, he receives an additional 5% of the commission (10% in total). The commission payout in the form of CUT is made at the pre-sale price. The commission payout in the form of other cryptocurrencies is made at the market price of the tokens at the time of the payout.
The BAPP partners will receive a payout of an affiliate commission within 15 working days after the end of the CUT pre-sale.
A BAPP partner is entitled to a payout only after it is confirmed that the funds for the purchase of CUT tokens from buyers is received.
All payouts shall be payable in tokens only, no fiat payouts are possible.
Payouts are made only to the provided Metamask wallet address of the BAPP partner.
The BAPP partner is responsible for providing Cryptounity with the full and accurate details that are required to make the BAPP payouts, and each partner is solely responsible for any delays in payment resulting from its failure to do so. Cryptounity is not responsible for the damage if the partner provides a wrong address or third-party address if his/her address is hacked or stolen and his/her funds are stolen from the address.
A payout will become void and any unpaid affiliate payouts will be forfeited after 12 calendar months, if the reason for the delayed payout is on the side of a BAPP partner.
In the event of any activity of an BAPP partner deemed suspicious or detrimental to Cryptounity, the latter may delay the payment of affiliate payouts by up to 6 months to verify the relevant transactions. Cryptounity reserves the right to recalculate, void, or disqualify any referrals or affiliate payouts in the event of any fraudulent, deceptive or otherwise illegal activity made by an affiliate partner.
Referrals for purchases not made through BAPP code or an affiliate link are not eligible for payout. Only referrals of Cryptounity CUT tokens in the pre-sale phase as described above, are eligible for affiliate program.
5. Rules on Advertisements
Every Bapp partner agrees to the following rules:
1. Prior to any advertisement, it is required that a disclaimer be included stating that the information presented is not intended as financial advice and that individuals should conduct their own due diligence before investing.
2. Any breach of the CryptoUnity project’s advertising guidelines is strictly prohibited.
3. Any deviations from the established guidelines must be approved by the CryptoUnity project in advance.
4. It is strictly forbidden to advertise that CUT is a security token.
5. The advertiser assumes full responsibility for any violations of the rules and guidelines.
6. The CryptoUnity project reserves the right to withhold commission payments if the rules and guidelines are not followed.
The BAPP partner will be solely responsible for its own marketing activities. All marketing activities must be professional and fully compliant with all applicable laws, all Cryptounity’s Terms and Conditions, these BAPP Terms and good business practices.
BAPP partners take full responsibility for the damage caused to the third parties (buyers) by their own marketing activities for the purpose of participation in this BAPP program, including deception of buyers, promotions of CUT tokens as financial instruments, illegal advertising, etc.
BAPP partners are not allowed to receive any kind of payments in the name or on behalf of its buyers. The buyers shall pay the purchase price for CUT tokens solely to the Cryptounity and shall receive a payout solely to the provided individual Metamask wallet addresses.
Cryptounity hereby grants the BAPP partner a non-exclusive, non-transferable, limited license to use the Cryptounity logos for the sole purpose of promoting our service within the context of this affiliate program. This license will expire upon termination of the affiliate’s participation in the BAPP program.
The BAPP partner may only display advertisements that contain Cryptounity’s name or logos or service marks in good taste without smearing its reputation and goodwill. The BAPP partner may not use Cryptounity’s logos or service marks in a manner that, in Cryptounity’s sole discretion, portrays Cryptounity in a negative light.
Cryptounity may, without prior notice, require the Affiliate partner to remove or modify any advertisements in Cryptounity’s sole discretion.
6. Termination of an Affiliate Program
The Affiliate partner may terminate participation in the Affiliate Program at any time by giving written notice of termination to the other party, termination of the Affiliate Account, deletion of the Account or by sending a request to an e-mail: info@cryptounity.org. It is in sole discretion of a BAPP partner to reject the payout at any time. BAPP Partners are solely responsible, if applicable by the national law, for filing an income tax return for the tokens paid by Cryptounity within this BAPP Program.
Cryptounity reserves the right to terminate the BAPP Partner’s participation in this BAPP Program at any time for conduct that is in material breach of these BAPP Terms or for conduct that Cryptounity, in its sole discretion, deems to be harmful to its business or any third party.
Cryptounity shall pay all due partner its affiliate payouts earned to the date of termination to the BAPP partner, within 15 days after the termination. Upon termination, the BAPP partner will lose access to its Affiliate Dashboard and at the same time the right to get paid any further fees from recommended new clients.
7. Relationship of Parties
Cryptounity and the BAPP partner are independent contractors. Nothing in these BAPP Terms creates any partnership, employment, representative, agency, or joint venture relationship between the parties. The BAPP partner has no authority to act on Cryptounity’s behalf.
8. Limitation of Liability
This BAPP Program is provided on an “as is” and “as available” basis and the use of the BAPP Program is at the Affiliate’s own risk. Cryptounity makes no representations or warranties, either expressed or implied, with respect to the BAPP Program, or any service or information provided through the BAPP Program.
Cryptounity is not responsible for any damages, injury or economic loss arising from the use of BAPP Program towards the BAPP partner or third persons. If any part of the BAPP Program causes the Partner any damage, inconvenience, exceeds or expenses, the BAPP partner shall be fully responsible for the damage, costs, taxes, penalties or similar expenses incurred.
Furthermore, BAPP partners take full responsibility for the damages caused to the third parties by partners’ marketing activities for the purpose of participation in this BAPP program.
The BAPP partner will indemnify and hold harmless Cryptounity, its directors, officers, employees, agents, subsidiaries, and third parties from and against any losses, damages, liabilities, claims, judgments, settlements, fines, costs and expenses (including reasonable related expenses, legal fees, costs of investigation) arising out of or relating to the BAPP partner’s or any third party’s operations or use of the BAPP Program.
9. Modification
Cryptounity may, in its sole discretion, change or modify these BAPP Terms at any time. Such changes or modifications shall be made effective for all BAPP partners upon posting of the modified BAPP Terms to this web address: https://cryptounity.org/affiliate. The BAPP partner is responsible for reading this document from time to time to ensure that its use of the BAPP Program remains in compliance with these BAPP Terms.
If any modification is unacceptable to the BAPP partner, its sole recourse shall be to terminate the relationship with Cryptounity and stop using this partnership program. If a partner continues to use and participate in the program after changing these terms, he means that he agrees to the changes to the conditions and the modified Affiliate terms are binding.
10. Miscellaneous
The BAPP partner warrants and represents that it is over the age of 18 and is qualified to enter into these BAPP Terms.
The BAPP partner warrants and represents that its actions and its participation in the BAPP Program is in compliance with all applicable laws, rules, regulations, and any requirements of governmental authority at all times. Cryptounity reserves the right to terminate the BAPP partner’s participation in the BAPP Program if Cryptounity determines, in its sole discretion, that the BAPP partner’s actions or its participation in the BAPP Program is in violation of any laws, rules, regulations, or any requirements of governmental authority.
These BAPP Terms constitute the entire understanding and a binding contract between Cryptounity and the BAPP partner. These BAPP Terms supersedes any other contracts or understandings between the parties hereto regarding the same subject (BAPP program) and neither party shall be bound by any statements or representations that are not embodied in these Terms.
Any dispute arising in relation to these BAPP Terms shall be exclusively resolved in the Courts of Slovenia, and the Slovenian law shall apply.
Last update: 8.12.2022