Terms and Conditions for DAMT Investors

Effective Date: April 2026
Last Updated: April 2026

These Terms and Conditions (the “Agreement”) govern participation in the purchase, holding, and use of the DAMT utility token (the “Token” or “DAMT”) during the Initial Coin Offering (the “ICO”), any subsequent offering, and any use of the DAMT ecosystem operated by Fortune Gems, Digital Adamantine Pvt Ltd, and Fortune Arts & Jewels Pvt Ltd (collectively, the “Company,” “We,” “Our,” or “Us”). By purchasing, acquiring, holding, transferring, or otherwise using DAMT, you (the “Investor,” “Holder,” or “User”) agree to be bound by this Agreement.

Please read these Terms and Conditions carefully. If you do not agree with any part of this Agreement, you must refrain from participating in the DAMT token offering and from acquiring, holding, or transacting in DAMT.

Acceptance of Terms

By acquiring or holding DAMT tokens, you confirm that you have read, understood, and agreed to be bound by these Terms. You further confirm that you have read and accepted the DAMT Privacy Policy and that your participation complies with every law that applies to you. If you do not agree, you may not purchase or hold DAMT.

1. Definitions

1.1 DAMT Token: A BEP-20 utility token deployed on the BNB Smart Chain that provides access to discounts, staking, loyalty rewards, and other services within the Fortune Gems, Digital Adamantine, and Fortune Arts & Jewels ecosystems.

1.2 Investor / Holder: Any individual, company, or entity that purchases, acquires, holds, or uses DAMT through the ICO, the DAMT platform, or any secondary market.

1.3 ICO: The Initial Coin Offering and any subsequent sale rounds during which DAMT is distributed to the public.

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

1.5 DAMT Parties: The Parent Companies and their respective directors, officers, employees, advisors, agents, contractors, affiliates, licensors, successors, and assigns.

1.6 Restricted Jurisdiction: Any country, territory, or region in which the offer, sale, holding, or use of DAMT is prohibited, restricted, or requires a licence that has not been obtained.

2. Eligibility

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

  • Be at least 18 years of age or the age of majority in your jurisdiction;
  • Have the legal capacity to enter into a binding contract;
  • Not be a resident, citizen, or located in any Restricted Jurisdiction;
  • Not be a person or entity listed on any applicable sanctions, embargo, or restricted-persons list;
  • Comply with all applicable laws, regulations, and rules of every jurisdiction that applies to you, including anti-money-laundering (AML), counter-terrorism-financing (CTF), tax, securities, and consumer-protection laws.

2.2 We reserve the right to refuse, suspend, or terminate access to the ICO or the DAMT ecosystem at any time and for any reason, including for regulatory, sanctions, or compliance concerns.

3. Token Purchase and Allocation

3.1 Token Supply: The total fixed supply of DAMT is capped at 500,000,000 tokens. No additional DAMT will be minted beyond this cap.

3.2 Purchase Limits: The ICO may enforce per-buyer minimum and maximum purchase limits, per-round caps, and per-wallet caps, as disclosed on the official sale interface and in the white paper.

3.3 Payment: Accepted payment methods, on-chain acceptance tokens (such as BNB, USDT, USDC), pricing, slippage bounds, and round mechanics will be disclosed on the official DAMT sale interface. All payments are final once the underlying transaction is confirmed on-chain. Refunds are not provided unless expressly required by law or explicitly stated in writing by the Company.

3.4 Token Allocation: DAMT is allocated across the categories published in the DAMT white paper and yellow paper (including public sale, ecosystem reserves, team, advisors, marketing, and liquidity). The Company reserves the right to adjust unissued allocations, subject to the governance and multi-signature controls described in the technical documentation.

3.5 Vesting & Lockups: Where vesting schedules or lockups apply to specific allocations (such as team or advisor buckets), those schedules are enforced on-chain and described in the white paper and the verified smart-contract source on BscScan.

4. Token Utility

4.1 Use of Tokens: DAMT is a utility token within the Fortune Gems, Digital Adamantine, and Fortune Arts & Jewels ecosystems. Its utility includes:

  • Receiving eligible discounts on gemstones, jewellery, digital art, and software services;
  • Staking and earning protocol-defined rewards;
  • Access to loyalty programs, airdrops, and community events.

4.2 No Ownership Rights: The purchase or holding of DAMT does not confer equity, shareholding, voting rights, profit-sharing, dividends, or any ownership interest in any of the Parent Companies, their affiliates, or their assets.

4.3 No Guarantee of Value or Profit: DAMT is intended for ecosystem utility only. No DAMT Party guarantees any price, return, appreciation, liquidity, listing outcome, or financial gain of any kind. The market price of DAMT may rise or fall, and you may lose some or all of the value paid for your tokens.

4.4 Not a Security or Investment Product: DAMT is not marketed, offered, or sold as a security, investment contract, deposit, collective investment scheme, loan, e-money instrument, or regulated financial product, and should not be treated as such. Classification under your local law is your responsibility to determine.

5. Use of Funds

5.1 Funds raised through the DAMT ICO will be used in line with the allocation published in the DAMT white paper, including (without limitation):

  • Acquisition of rare gemstones, jewellery, and curated artwork backing the ecosystem;
  • Development and audit of smart contracts, dApps, and platform infrastructure;
  • Liquidity provisioning, market-making, and exchange onboarding;
  • Marketing, partnerships, and community growth;
  • Legal, regulatory, tax, and operational expenses.

5.2 Any material change to the allocation will be communicated transparently through the official channels.

6. Risks and Disclaimers

6.1 Market Risk: Digital-asset markets are highly volatile. The value of DAMT may fluctuate substantially, and you may lose some or all of your investment.

6.2 Technology Risk: Blockchain and smart-contract systems are novel and may suffer from bugs, exploits, forks, network congestion, oracle failures, validator collusion, or protocol-level changes that affect the availability or usability of DAMT.

6.3 Custody Risk: You are solely responsible for the security of your wallet, seed phrase, and private keys. DAMT Parties cannot recover lost keys, reverse signed transactions, or restore access.

6.4 Regulatory Risk: The regulatory treatment of digital assets varies by jurisdiction and is rapidly evolving. New laws or regulatory actions may affect the legality, taxation, listing, or transferability of DAMT in your jurisdiction.

6.5 Liquidity & Listing Risk: There is no guarantee that DAMT will be listed on any particular exchange, or that an active secondary market will exist or continue to exist.

6.6 Counterparty Risk: Third-party wallets, bridges, exchanges, custodians, or payment providers used in connection with DAMT are independent of the DAMT Parties and carry their own risks.

6.7 Force Majeure & No Liability for Loss: DAMT Parties are not responsible for any loss, delay, or failure resulting from events beyond their reasonable control, including cyberattacks, chain outages, acts of God, war, pandemic, sanctions, or governmental action.

7. Security and Wallet Responsibility

7.1 Wallet: You must use a self-custodial blockchain wallet that you alone control to receive, hold, and transact DAMT.

7.2 Security: You are solely responsible for securing your device, recovery phrase, passwords, and private keys. DAMT Parties will never ask for your seed phrase or private key.

7.3 Fraud & Phishing: You must remain vigilant against phishing sites, impersonators, fake airdrops, fake support accounts, and social-engineering attempts. Always verify URLs, contract addresses, and communication channels against the official DAMT website.

7.4 Transfers: Once DAMT is distributed to your wallet, you are free to transfer, hold, or use it in accordance with this Agreement and all applicable laws.

8. Legal and Regulatory Compliance

8.1 KYC / AML / CFT: You may be required to complete Know-Your-Customer, Anti-Money-Laundering, and Counter-Terrorism-Financing checks, including identity verification, address verification, source-of-funds and source-of-wealth declarations, sanctions screening, and politically-exposed-person screening, before purchasing or claiming DAMT.

8.2 Sanctions: You represent that you are not subject to, and are not acting on behalf of any person subject to, any sanctions or restrictions administered by the United Nations, the United States (OFAC), the European Union, the United Kingdom (OFSI), or any other applicable authority.

8.3 Local Law: It is your sole responsibility to ensure that your participation complies with the laws of every jurisdiction that applies to you. DAMT may not be offered, sold, held, or used in any Restricted Jurisdiction.

8.4 Tax: You are solely responsible for determining, reporting, withholding, and paying any taxes, duties, levies, or charges arising from your acquisition, holding, transfer, staking, or sale of DAMT.

9. No Warranty

9.1 As-Is Basis: DAMT, the DAMT platform, and any related services are provided on an “as-is” and “as-available” basis, without warranties, guarantees, or representations of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose, non-infringement, availability, security, accuracy, or uninterrupted operation.

9.2 No Advice: Nothing in this Agreement, the white paper, the yellow paper, or any DAMT communication constitutes financial, investment, legal, tax, or accounting advice. You should consult your own qualified, independent advisors before participating.

10. Limitation of Liability

10.1 To the maximum extent permitted by law, no DAMT Party shall be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or opportunity, arising out of or in connection with your use of, or inability to use, DAMT.

10.2 The aggregate liability of all DAMT Parties, across all claims arising from or related to this Agreement, shall not exceed the total amount you actually paid to the Company for the DAMT that is the subject of the claim.

11. Termination

11.1 We reserve the right to suspend, restrict, or terminate your access to the DAMT ecosystem, platform, or any related services at any time, including for violation of these Terms, violation of applicable law, suspected fraud, sanctions exposure, or regulatory requirement.

11.2 Termination does not affect any rights, liabilities, or obligations that, by their nature, are intended to survive termination, including limitation of liability, indemnification, governing law, and dispute resolution.

12. Tax Obligations

12.1 You are solely responsible for understanding and fulfilling all tax obligations related to the purchase, holding, staking, transfer, or sale of DAMT, including income tax, capital-gains tax, goods-and-services tax, value-added tax, and any reporting, withholding, or remittance requirement imposed by any competent authority.

13. No Ownership Rights

  • DAMT does not represent equity, debt, voting rights, dividends, profit-sharing, or any ownership interest in any Parent Company or their assets.
  • Holders have no right to direct, vote on, or influence the management, strategy, or operations of any DAMT Party.

14. Amendments to the Terms

14.1 These Terms may be updated periodically to reflect changes in law, regulation, security practice, or project development. The revised Terms take effect when posted on the official DAMT website. Your continued use of DAMT after the revised Terms are posted constitutes acceptance of the revised Terms.

14.2 Material changes will be communicated through the official website and, where practicable, through other official channels.

15. User Responsibility & Jurisdictional Compliance

This section is central to this Agreement. It sets out that the acquisition, holding, and use of DAMT is solely and exclusively your responsibility, and that the DAMT Parties accept no responsibility for your compliance with the laws, rules, or regulations that apply to you.

15.1 Sole Responsibility of the Holder. You acknowledge and agree that it is your individual responsibility to determine whether you may lawfully acquire, hold, transfer, stake, sell, or otherwise transact in DAMT, and to comply with all laws, rules, regulations, licensing requirements, disclosure requirements, tax obligations, reporting obligations, and sanctions regimes of every jurisdiction that applies to you, including the jurisdiction of your citizenship, residence, domicile, tax residency, and the place from which you access the DAMT platform. You are responsible for conducting your own independent legal, tax, and financial due diligence before acquiring or transacting in DAMT.

15.2 Restricted Jurisdictions. You represent and warrant that you are not a resident, citizen, tax resident, or physically located in any Restricted Jurisdiction, and that you are not accessing the DAMT platform through any tool (including VPNs, proxies, or Tor) intended to conceal or misrepresent your jurisdiction. If the law of your jurisdiction changes such that your continued holding or use of DAMT becomes unlawful, you agree to cease holding and transacting in DAMT and to take all necessary steps under local law.

15.3 No Responsibility of the DAMT Parties. The DAMT Parties do not accept, and expressly disclaim, any responsibility or liability for:

  • your compliance (or non-compliance) with any law, regulation, or rule of any jurisdiction;
  • any tax, fine, penalty, confiscation, forfeiture, sanction, enforcement action, licence condition, or civil or criminal consequence you incur in connection with acquiring, holding, or transacting in DAMT;
  • any restriction, block, freeze, or seizure imposed on your wallet, bank account, or DAMT by any governmental authority, exchange, custodian, or third party;
  • any decision you make to buy, hold, stake, transfer, or sell DAMT;
  • any loss arising from regulatory change, sanctions designation, or your jurisdiction becoming a Restricted Jurisdiction.

15.4 No Financial, Legal, or Tax Advice. Nothing published by the DAMT Parties, including this Agreement, the white paper, the yellow paper, the website, social media, or support communications, constitutes financial, investment, legal, accounting, or tax advice. You must obtain your own independent professional advice before acquiring, holding, or transacting in DAMT.

15.5 Your Representations. Each time you acquire, hold, or transact in DAMT, you represent and warrant to the DAMT Parties that:

  • you have full legal capacity and authority to enter into this Agreement;
  • your participation does not violate any law, regulation, contract, or court order applicable to you;
  • you are not located in, organised under, or a resident of any Restricted Jurisdiction;
  • you are not on any sanctions, embargo, or restricted-persons list;
  • the funds you use to purchase DAMT are lawfully obtained and are not the proceeds of crime, corruption, tax evasion, or terrorism;
  • you understand the technological, market, liquidity, and regulatory risks described in this Agreement and in the DAMT white paper and yellow paper.

15.6 Indemnification. You agree to defend, indemnify, and hold harmless each of the DAMT Parties from and against any and all claims, demands, actions, proceedings, losses, damages, liabilities, fines, penalties, taxes, costs, and expenses (including reasonable legal fees) arising out of or related to: (a) your acquisition, holding, or use of DAMT; (b) your breach of this Agreement; (c) your violation of any law, regulation, or third-party right; or (d) any misrepresentation made by you under Section 15.5.

16. Governing Law and Dispute Resolution

16.1 This Agreement and any non-contractual obligation arising out of or in connection with it shall be governed by and construed in accordance with the laws of Singapore, without regard to its conflict-of-laws principles.

16.2 Any dispute, controversy, or claim arising out of or in connection with this Agreement shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre (SIAC) in accordance with the SIAC Arbitration Rules in force at the time. The seat of arbitration shall be Singapore, the tribunal shall consist of one arbitrator, and the language of the arbitration shall be English. The award shall be final and binding on the parties.

16.3 Nothing in this clause prevents any DAMT Party from seeking urgent injunctive or equitable relief from a court of competent jurisdiction to protect its rights or assets.

17. Contact Information

For questions, notices, or compliance enquiries, please contact:

Parent Companies:

By proceeding with the purchase, holding, or use of DAMT, you confirm that you have read, understood, and agreed to these Terms and Conditions, and you expressly acknowledge that the acquisition, holding, and use of DAMT is your individual responsibility and that you must comply with all applicable laws and rules of every jurisdiction that applies to you.