Terms &Conditions

These Terms and Conditions ("Terms") constitute a legally binding agreement between you and COBA Token ("Company," "we," "us," or "our") regarding your use of our website, platform, and services related to COBA tokens.

By accessing or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree with any part of these Terms, you must not use our services.

We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting to our website. Your continued use of our services after any such changes constitutes acceptance of the new Terms.

• "COBA Token" or "COBA": The ERC-20 token issued by our company, backed by physical gold reserves
• "Platform": Our website, applications, and related services
• "User" or "You": Any individual or entity using our services
• "Services": All services provided by COBA Token, including token sales, trading, and related activities
• "Gold Reserves": Physical gold held in certified vaults to back COBA tokens
• "KYC": Know Your Customer verification procedures
• "AML": Anti-Money Laundering compliance requirements

Eligibility Requirements

To use our services, you must:

• Be at least 18 years old (or the age of majority in your jurisdiction)
• Have the legal capacity to enter into binding agreements
• Not be a resident of any jurisdiction where our services are prohibited
• Comply with all applicable laws and regulations
• Complete our KYC/AML verification process

Account Registration

When creating an account, you agree to:

• Provide accurate, complete, and current information
• Maintain the confidentiality of your account credentials
• Notify us immediately of any unauthorized account access
• Accept responsibility for all activities under your account

Token Characteristics

• COBA is an ERC-20 token on the Ethereum blockchain
• Each token is backed by 9.6 grams of gold
• Tokens have 3 decimal places with KOH as the smallest unit
• Total supply is capped at 33 billion tokens
• Annual emission rate is 9 billion tokens per year (subject to gold backing)

Gold Backing

• Physical gold reserves are stored in certified, insured vaults
• Independent audits are conducted monthly
• Audit reports are published quarterly
• Gold reserves may only be used to back issued tokens

Token Redemption

• Qualified users may redeem tokens for physical gold
• Minimum redemption amounts and fees apply
• Redemption requests are subject to verification and approval
• Processing time may vary based on location and amount

IMPORTANT: Cryptocurrency investments carry significant risks. You should carefully consider these risks before purchasing COBA tokens:

Market Risks

• Token value may fluctuate significantly
• Gold prices are subject to market volatility
• Liquidity may be limited in certain market conditions
• Trading may be suspended during extreme market events

Technology Risks

• Blockchain technology is relatively new and evolving
• Smart contracts may contain bugs or vulnerabilities
• Network congestion may affect transaction processing
• Private key loss may result in permanent token loss

Regulatory Risks

• Cryptocurrency regulations are evolving globally
• Future regulatory changes may affect token utility
• Some jurisdictions may prohibit cryptocurrency activities
• Compliance requirements may change over time

Operational Risks

• Gold storage and custody risks
• Third-party service provider risks
• Cybersecurity threats and attacks
• Business continuity and operational disruptions

You agree not to engage in any of the following prohibited activities:

• Money laundering, terrorist financing, or other illegal activities
• Market manipulation, fraud, or deceptive practices
• Hacking, phishing, or unauthorized access attempts
• Creating multiple accounts to circumvent limits or restrictions
• Using our services in jurisdictions where prohibited
• Violating any applicable laws, regulations, or third-party rights
• Attempting to reverse engineer or compromise our systems
• Distributing malware, viruses, or harmful code
• Engaging in activities that could harm our reputation or operations

All content, trademarks, service marks, logos, and intellectual property on our platform are owned by or licensed to COBA Token. You may not use, reproduce, or distribute any such content without our express written permission.

You retain ownership of any content you submit to our platform, but grant us a non-exclusive, worldwide, royalty-free license to use such content for our business purposes.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, COBA TOKEN SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR USE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Our total liability to you for all claims arising from or relating to these Terms or our services shall not exceed the amount you paid to us in the twelve months preceding the claim.

Any disputes arising from these Terms or our services shall be resolved through binding arbitration in accordance with the rules of [Arbitration Organization]. The arbitration shall be conducted in English and located in [Jurisdiction].

You waive your right to participate in class action lawsuits or class-wide arbitration against COBA Token.

We may terminate or suspend your account and access to our services at any time, with or without cause, and with or without notice. Upon termination, your right to use our services will cease immediately.

You may terminate your account at any time by following the account closure process on our platform. Termination does not relieve you of any obligations incurred prior to termination.

These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflict of law principles. Any legal action or proceeding arising under these Terms shall be brought exclusively in the courts of [Jurisdiction].

If you have questions about these Terms, please contact us:

• Email: legal@cobagold.com
• Address: 123 Blockchain Avenue, Suite 456, Crypto City, CC 12345
• Phone: +1 (555) 123-COBA