DAMT

Terms and Conditions for DAMT Investors

Effective Date: April,2025
Last Updated: April,2025

These Terms and Conditions (the “Agreement”) govern the participation in the purchase and use of DAMT tokens (the “Tokens”) during the Initial Coin Offering (“ICO”) or any subsequent offering by Fortune Gems, Digital Adamantine Pvt Ltd, and Fortune Arts & Jewels Pvt Ltd (the “Company” or “We”). By purchasing DAMT tokens, you (“Investor” or “User”) agree to be bound by this Agreement.

Please read these Terms and Conditions carefully. If you do not agree to any part of this Agreement, you should refrain from participating in the DAMT token offering.

These Terms and Conditions (“Agreement”) govern your purchase, ownership, and use of the DAMT utility tokens (“DAMT” or the “Tokens”). By participating in the DAMT Initial Coin Offering (ICO) or secondary markets, you agree to these terms and any applicable laws and regulations.

Acceptance of Terms

By acquiring or holding DAMT tokens, you confirm that you have read, understood, and agreed to be bound by these terms. If you do not agree, you may not purchase or hold DAMT tokens.

  1. Definitions

1.1 DAMT Token: A utility token created on a blockchain platform, enabling access to discounts, staking, and other services within the Fortune Gems, Digital Adamantine, and Fortune Arts ecosystems.

1.2 Investor: Any individual, company, or entity that purchases DAMT tokens through the ICO or any other means.

1.3 ICO: The Initial Coin Offering where DAMT tokens will be sold to the public.

1.4 Parent Companies: Refers collectively to Fortune Gems, Digital Adamantine Pvt Ltd, and Fortune Arts & Jewels Pvt Ltd.

  1. Eligibility

2.1 To participate in the DAMT token offering, you must:

  • Be at least 18 years of age or the age of majority in your jurisdiction;
  • Comply with all applicable laws and regulations in your country of residence;
  • Not be a resident of any country where participation in token offerings is restricted or prohibited by law.

2.2 We reserve the right to refuse or restrict access to the ICO for any reason, including but not limited to regulatory compliance concerns.

  1. Token Purchase and Allocation

3.1 Token Supply: The total supply of DAMT tokens is capped at 500 million.

3.2 Purchase Limitations: There may be minimum and maximum purchase limits during the ICO, as disclosed in the offering documentation.

3.3 Payment: Accepted payment methods for token purchases will be provided on the official token sale platform. All payments are final, and refunds are not provided unless explicitly stated otherwise.

3.4 Token Allocation:

  • 60% of the total token supply will be available for public sale.
  • The Company reserves the right to adjust token allocations based on market demand and operational requirements.
  1. Token Utility

4.1 Use of Tokens: DAMT tokens serve as a utility within the ecosystems of Fortune Gems, Digital Adamantine, and Fortune Arts. They can be used for:

  • Receiving a 10% discount on eligible purchases of gemstones, art, and software services;
  • Staking and earning rewards;
  • Gaining access to loyalty programs and community events.

4.2 No Ownership Rights: The purchase of DAMT tokens does not grant you any equity, voting rights, or ownership in any of the Parent Companies or their assets.

  • The tokens provide access to exclusive discounts, services, and loyalty rewards. Ownership of DAMT does not constitute ownership or equity in any company or entity.

4.3 No Guarantee of Profit: DAMT tokens are intended for use within the ecosystem, and there is no guarantee of financial gain, appreciation, or value.

No Guarantees or Financial Advice

  • DAMT tokens are utility tokens and do not represent investments, securities, or loans. No financial returns or profits are guaranteed.
  • The purchase of DAMT tokens should not be considered as financial advice. You are responsible for conducting your own research and seeking independent advice.
  1. Use of Funds

5.1 The funds raised through the DAMT token sale will be used as outlined in the white paper, including but not limited to:

  • Acquisition of rare gemstones and valuable artwork;
  • Development of blockchain technology and platform improvements;
  • Marketing, legal compliance, and operational expenses.
  • Platform development and marketing
  • Regulatory compliance and operational costs
    Any adjustments to the allocation will be communicated transparently.
  1. Risks and Disclaimers

6.1 Market Risks:
The cryptocurrency market is highly volatile. The value of DAMT tokens may fluctuate significantly and could result in the partial or total loss of your investment.

6.2 Technological Risks:
Blockchain systems are susceptible to malfunctions, bugs, and network issues, which may impact token transactions or usability.

6.3 Regulatory Risks:
Cryptocurrency regulations vary by jurisdiction and may change over time. Regulatory developments may affect your ability to hold or use DAMT tokens.

6.4 Force Majeure- No Liability for Loss:
Fortune Gems, Digital Adamantine Pvt Ltd, and Fortune Arts & Jewels Pvt Ltd are not responsible for any loss or failure due to factors beyond their reasonable control, including cyberattacks, acts of God, or government regulations.

  1. Security and Wallet Responsibility

7.1 Investor Wallet: Investors must provide a compatible blockchain wallet address to receive DAMT tokens.

7.2 Wallet Security: You are solely responsible for securing your private keys, passwords, and wallet. We are not liable for any loss of tokens due to unauthorized access, loss of credentials, or negligence.

7.3 Token Transfers: Once tokens are distributed, you are free to transfer, sell, or use them in accordance with the terms of this Agreement and applicable laws.

Security and Fraud Prevention

  • Investors must ensure the security of their wallets and private keys. The companies involved are not liable for any loss resulting from unauthorized access or user errors.
  • DAMT transactions are secured through blockchain technology, but participants must remain vigilant against phishing and fraud.
  1. Legal and Regulatory Compliance

8.1 AML/KYC Requirements: Investors may be required to undergo anti-money laundering (AML) and know-your-customer (KYC) including identity verification and source-of-funds checks before purchasing DAMT tokens.

8.2 Legal Restrictions: It is your responsibility to ensure that your participation in the DAMT token offering complies with local laws and regulations. DAMT tokens may not be sold or distributed to individuals or entities in jurisdictions where cryptocurrency offerings are prohibited.

8.3 Indemnification: You agree to indemnify and hold the Company harmless from any legal claims, liabilities, or damages arising from your participation in the ICO.

  1. No Warranty

9.1 As-Is Basis: DAMT tokens are provided on an “as-is” and “as-available” basis, without any warranties, guarantees, or representations of any kind.

9.2 No Financial Advice: The Company does not provide financial, investment, or legal advice. You are encouraged to consult your own advisors before investing in DAMT tokens.

  1. Limitation of Liability: To the maximum extent permitted by law, the Company is not liable for any indirect, incidental, or consequential damages arising from your use or inability to use DAMT tokens.
  2. Termination

11.1 We reserve the right to terminate this Agreement and restrict your access to the DAMT ecosystem if you violate any terms or conditions.

11.2 Upon termination, you will no longer have access to certain token utilities, but you

  1. Tax Obligations

Investors are responsible for understanding and fulfilling their local tax obligations related to the purchase, sale, or holding of DAMT tokens.

  1. No Ownership Rights
  • DAMT tokens do not represent any ownership, voting rights, or profit-sharing entitlement in any of the parent companies.
  • Token holders do not have any right to influence company decisions or operations.
  1. Limitation of Liability

To the fullest extent permitted by law:

  • The companies involved in the DAMT token project shall not be liable for any indirect, incidental, special, or consequential damages arising from token purchases or use.
  • Total liability for any claims shall be limited to the amount paid for the tokens.
  1. Amendments to the Terms

These terms may be updated periodically to reflect changes in laws, regulations, or project development. Changes will be communicated via the official website or platform announcements.

  1. Termination

The companies reserve the right to terminate or restrict access to the DAMT ecosystem for users found to be in violation of these terms or applicable laws.

  1. Governing Law and Dispute Resolution
  • This agreement is governed by the laws of Singapore International Arbitration Centre (SIAC) in accordance with the Arbitration Rules of the SIAC.
  • Disputes shall be resolved through arbitration or mediation, as specified in the platform’s dispute resolution policy.
  1. Contact Information

For any questions or concerns, please contact:

ICO site: https://damt.io

Parent Companies

Or contact our support team via email at  support@damt.io

By proceeding with the purchase or use of DAMT tokens, you confirm that you have read and understood these Terms and Conditions.