General terms and conditions of the platform

This adhesion contract expresses the General Terms and Conditions of the Platform (hereinafter, the "Terms and Conditions") which are applicable to the use of the services of purchase, sale and transfer of the stablecoin called PXO (hereinafter, the "Services") offered by PXO Token Company LTD [*] (hereinafter, "PXO Token Company"), within its website https://pxotoken.com/ (hereinafter, the "Platform").

Any person who wishes to access the Platform (hereinafter, the "Customer") may do so subject to the Terms and Conditions, so when entering and/or registering in the Platform, the Customer must accept the Terms and Conditions, creating a legal relationship with PXO Token Company. Likewise, any Customer who does not agree with the Terms and Conditions expressed herein, which are mandatory and binding, may not make use of the Services provided by PXO Token Company through the Platform.

Whenever the Customer is bound by the terms hereof, it is his responsibility to read, understand and accept the content of this document. By entering and/or registering in the Platform, the Customer understands and accepts all the conditions established in the Terms and Conditions, as well as in the other documents incorporated herein by reference.

1.- WHAT IS PXO?

PXO Token Company informs the Customer that PXO is a stablecoin whose value is represented by the Mexican peso (hereinafter, "MXN") whose objective is to provide a network that facilitates shipments, reception and redemption through fully open and audited protocols that are developed through various blockchains such as Binance Smart Chain, Ethereum, and Polygon Network. PXO is a stablecoin that combines the credibility, relevance and functionality of the MXN with the technological advantages of cryptoassets.

PXOs are created at the time of purchase by verified Customers in the PXO Token Company platform, who in turn can sell them to PXO Token Company in exchange for MXN and then be withdrawn from circulation. The total value of the issued PXOs will be backed by one or more trusts audited quarterly in order to make transparent and ensure that the tokens issued by PXO Token Company can always be repurchased at a value of 1 (one) MXN.

PXO Token Company does not offer PXOs in bulk through initial coin offering models. PXOs may only be purchased from PXO Token Company by verified Customers who comply with the anti-money laundering and anti-terrorist financing policies established by PXO Token Company. Likewise, PXO Token Company informs the Customer that neither PXO grants any corporate or economic rights over PXO Token Company or its subsidiaries. In addition, the PXOs are not MXN, nor are they backed by the Mexican Government. PXOs are digital assets whose price is equivalent 1:1 with the MXN, and therefore do not have an intrinsic speculative nature.

The Customer recognizes that the PXOs are not legal tender in Mexico nor fiat money, therefore, is a cryptoasset offered through one unregulated market by Mexican financial authorities, nor specifically audited, being its responsibility, to assume the risk for carrying out operations with this type of cryptoassets. Likewise, the Customer declares that by accepting these Terms and Conditions manifest to have the necessary technical expertise and the ability to make use of the Platform, as well as having the knowledge, understanding, and have professional advice, and the necessary information to carry out operations with PXOs, prior to making decisions related to operations. Similarly, the Customer acknowledges that the Platform does not in any form monstrance MXN or any other type of fiat currency.

2.- RESTRICTION OF USE BY PROHIBITED JURISDICTION AND/OR AML/ATF.

Customers who are in any of the cases referred to in this section must refrain from using or carrying out purchase, sale and transfer operations (hereinafter, "Operations") in the Platform, due to the policies of prevention of money laundering and combating the financing of terrorism established by PXO Token Company:

  • If you do not have sufficient legal capacity to comply with these Terms and Conditions.
  • If you have been included, directly or indirectly, on any sanctions list, national or international, related to money laundering operations or terrorist financing.
  • If you participate or have participated directly or indirectly, with 10% (ten percent) or more, of the share capital of legal entities that have been included in any sanctions list, related to money laundering operations or financing of terrorism.
  • If you act on behalf of governments, governmental entities or government officials that are indicated herein as prohibited jurisdiction.
  • If in your jurisdiction the operation with cryptoassets is subject to any authorization.
  • If you are a resident or citizen of any country designated as a prohibited jurisdiction.
  • If you are in any case of prohibition indicated in these Terms and Conditions.

For the purposes of these Terms and Conditions, the following shall be considered as prohibited jurisdictions: Democratic People's Republic of Korea, Iran, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Malta, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Uganda, Yemen and Zimbabwe.

PXO Token Company reserves the right to include at any time countries or jurisdictions to the aforementioned list, so in the event that a Customer after registration is in any of the prohibited jurisdictions must stop using the Platform. Likewise, in the event that currently or in the future the operations with cryptoassets are considered prohibited, restricted or subject to any authorization, in any other country not mentioned above, of origin or residence of the Customer will be understood as considered as prohibited jurisdiction.

At the time of registration, it will be the sole and exclusive obligation of the Customer, to declare if he is, for reasons of nationality or residence, in any prohibited jurisdiction or has been included in any list of sanctions related to money laundering operations or financing of terrorism, in which case he must refrain from using the Platform. Otherwise, you accept and undertake from this precise moment to release from any liability that may arise from the improper or illicit use of the Platform to PXO Token Company, its subsidiaries, shareholders, directors and officers, as well as to indemnify them for any damage or harm caused.

3.- ABILITY TO SUSCRIBE THIS ADHESION CONTRACT.

The Services offered in the Platform are only available to persons who: i) are of legal age and have the legal capacity to contract; ii) not be in any case of prohibition; and iii) comply with the registration and verification procedure in the Platform; therefore, people who do not comply with these characteristics may not use the Services. Likewise, the Customer agrees that PXO Token Company will only directly sell tokens to Customers who meet any of the following conditions:

  • Wholesale buyer. Natural or legal person who acquires a minimum amount of 2 (two) million PXOs.
  • Liquidity provider. Intermediaries who act in the market in order to satisfy the needs of buying, selling and commercial speculations.
  • Cryptoexchanges. Cryptoassets exchanges that list PXOs within their platform to be sold to the end user.

The Customer understands that, in case of acting on behalf of another natural or legal person, he must have legal representation to contract on behalf of such person and be legitimized with sufficient powers to do so, therefore, PXO Token Company understands that the acts that are carried out in the Platform are attributable to the person represented.

The marking of acceptance of the Terms and Conditions in the corresponding box in the registration and verification process, as well as the fact of following all the steps of this process, implies the express acceptance of the Terms and Conditions by the Customer, having the same validity as the face-to-face signature. In this way, the Customer acknowledges being a person with sufficient capacity to assume the obligations derived from his actions through the Platform, and that he has previously read and understands the content of these Terms and Conditions.

4.- REGISTRATION IN THE PLATFORM.

PXO Token Company informs you that simple navigation in the Platform does not require registration, however, the Customer must be bound by the Terms and Conditions without exception. If the Customer wishes to make use of the Services offered by PXO Token Company, he must create a personal account (hereinafter, the "Account") in the Platform, which he will access by entering his email and the password chosen for this purpose. Access to the registration process is completely free, without there being any additional associated costs apart from those derived from the provision of connection to Internet by the Customer.

The following is a detail of the general procedure to be followed by the Customers when creating an Account in the Platform. However, they will not be able to carry out any type of Operation until the identification and verification process in the field of prevention of money laundering and combating the financing of terrorism is completed:

  • The Customer enters the PXO Token Company Platform, accessible through the website https://pxotoken.com/
  • The Customer indicates from which jurisdiction it is carrying out the process of opening the Account. If it is a prohibited jurisdiction, the PXO Token Company Platform will display a notification informing the customer that their jurisdiction is not available.
  • The Customer selects whether he wants to open a natural or legal person account.
  • In case of choosing the option of natural person:
    • i.He will be asked for the following information: full name, date of birth, country of residence, email, telephone number; and he will be prompted to create a password.
    • ii.Upon completion of the information, an activation code will be sent to his email, or via SMS message to confirm the Account.
    • iii.Once the activation code has been entered, the procedure for creating the Account will be complete.
    • iv.If the Customer does not provide all the requested information, or does not enter the activation code sent, PXO Token Company will not allow the creation of the Account in the Platform.
  • In case of choosing the option of legal person:
    • i.He will be asked for the following information: business name, business or commercial activity, country of incorporation and registration, email, telephone number; and you he will be prompted to create a password.
    • ii.Upon completion of the information, an activation code will be sent to his email to confirm the Account.
    • iii.Once the activation code has been entered, the procedure for creating the Account will be complete.
    • iv.If the Customer does not provide all the requested information, or does not enter the activation code sent, PXO Token Company will not allow the creation of the Account in the Platform.


The Customer assumes responsibility for the registration described and must provide PXO Token Company with truthful and lawful information. At any time, PXO Token Company reserves the right, but not the obligation, to take any measure it deems appropriate for the proper functioning of the Platform or the provision of the Services, specifically the decision to warn, suspend or block access, in whole or in part, thereof to the Customer, when it is presumed that the latter has incurred in any violation of these Terms and Conditions. Additionally, PXO Token Company may exercise the legal actions that are conducive against the Customer.

5.- IDENTIFICATION AND VERIFICATION OF CUSTOMERS FOR AML/ATF PURPOSES.

The Customer accepts that once he has created his Account in the Platform of PXO Token Company, to carry out any type of Operation within it, it will be an indispensable requirement to verify his Account for issues of prevention of money laundering and fight against the financing of terrorism, performing the following steps:

  • The Customer must provide their information, through the identification form available in the Platform, and upload their complete documentation in PDF or JPG format, in accordance with the requirements that are applicable to them, if they are a natural person or legal entity, which will be informed by PXO Token Company through the Platform. In this regard, PXO Token Company informs you that you can consult the personal data that will be collected and the details of its use, treatment and protection in our Privacy Notice available in the Platform.
  • In the event that the Customer declares in the Platform the existence of a Beneficiary Owner, he must also provide the information and identification documentation that is required.
  • The Customer accepts the Terms and Conditions, as well as the Privacy Notice of the Platform, through the corresponding boxes.
  • PXO Token Company will verify the information and documentation provided by the Company within a maximum period of 48 (forty-eight) hours.
  • In the event that PXO Token Company determines that the data and documents provided by the Customer are valid and complete, it will notify the Customer that the verification procedure was approved and that, therefore, from that moment the Customer can perform Operations in the Platform.
  • In the event that PXO Token Company determines that it is necessary to corroborate any data in the identification of the Customer or the Beneficiary Owner, or with respect to any Politically Exposed Person, it may send an email to the Customer, requesting additional information or documentation to verify the identity of the aforementioned persons.
  • The Customer will have a maximum period of 48 (forty-eight) hours to provide via email the information or additional documentation requested by PXO Token Company.
  • PXO Token Company will again review the information and documentation provided by the Customer, within a maximum period of 48 (forty-eight) hours.
  • In the event that PXO Token Company determines that the data and documents provided by the Customer are valid and complete, it will notify the Customer that the verification procedure was approved and that, therefore, from that moment the Customer can perform Operations in the Platform.
  • In the other hand, in the event that PXO Token Company determines that the information and documentation provided by the Customer is still incomplete or does not comply with the security standards of PXO Token Company, it will terminate the identification process with the Customer and, therefore, the Account will be inactive and will not be able to perform any type of Operation in the Platform.

6.- OPERATIONS IN THE PLATFORM.

The Customer agrees that once the process of identification and verification of his Account has been completed, the Platform will provide him with the Services, allowing him to perform Operations. The services offered by PXO Token Company are described in the Platform and in these Terms and Conditions, not being understood to include any issues that have not been expressly indicated.

In this way, the Customer undertakes to make appropriate use of the Services of PXO Token Company, and with an enunciative but not limiting character, not to use them to: i) incur in illicit, illegal or contrary to good faith and public order activities; (ii) disseminate content of a racist, xenophobic nature, advocating terrorism or violating human rights; (iii) cause damage to the physical and logical systems of PXO Token Company or third parties participating in the Platform; (iv) introduce or spread computer viruses or any other physical or logical systems likely to cause the above-mentioned damage; and v) attempt to access and, where applicable, use the email accounts of other Customers and modify or manipulate their use of other Customers' email accounts.

PXO Token Company reserves the right to cancel or terminate the services offered when these maybe considered, restricted, limited, subject to authorization or regulation in the Customer's jurisdiction, so in those cases it must notify the Customers of such situation within 5 (five) business days after PXO Token Company becomes aware of it of that situation.

6.1.- PURCHASE OF PXOs.

PXO Token Company informs the Customer that in order to buy PXOs, he will have to enter the Platform, in it, he will indicate the amount of PXOs he wishes to acquire. Subsequently, the Platform will describe to the Customer the cost of the issuance, the commission (premium) and the transfer value of PXOs in MXN (this is the actual price it will cost the Customer to acquire their desired number of PXOs). Finally, the buyer deposits this amount in the bank account that PXO Token Company communicates to him through the Platform itself, so that PXO Token Company proceeds to issue and transfer the tokens purchased by the Customer to the wallet designated by him.

The Operation is formalized through the signing of a purchase contract and the creation of an option to sell order, documents that will be signed by the Customer using Digital Autograph Signature. In addition, the Customer will receive a confirmation email about the Transaction, which will consist of a summary of it. In this email the characteristics of the Service contracted by the Customer will be described, serving this document as accreditation for any type of claim. In case of not receiving such email, the Customer must check his "junk mail" or "spam" tray and, if it is not found in that section, he must communicate it to PXO Token Company, through the contact details included in these Terms and Conditions, so that in the shortest possible time PXO Token Company proceeds to solve the problem.

6.2.- SALE OF PXOs.

On the other hand, when a Customer who owns PXOs, wishes to sell their PXOs to PXO Token Company, they must also enter the Platform and must indicate the PXOs they wish to sell. Next, the Platform will describe the costs of the sale and the final price of the PXOs in MXN (this is the actual price that the Customer will receive at the time of sale the PXOs indicated). Finally, the Customer will transfer his PXOs to the wallet that is notified to him by PXO Token Company.

Once the PXOs have been received, PXO Token Company will receive the corresponding MXN from the treasury to be delivered to the selling Customer to the bank account designated by the latter. Once the sale process is complete, PXO Token Company will burn the received PXOs to maintain a harmony between the existing tokens and PXO Token Company's ability to buy them back.

The Operation is formalized through the signature of the execution of the offer order that will be signed by the Customer using Digital Autograph Signature. In addition, the Customer will receive a confirmation email about the Transaction, which will consist of a summary of it. In this email the characteristics of the Service contracted by the Customer will be described, serving this document as accreditation for any type of claim. In case of not receiving such email, the Customer must check his "junk mail" or "spam" tray and, if it is not found in that section, he must communicate it to PXO Token Company, through the contact details included in these Terms and Conditions, so that in the shortest possible time PXO Token Company proceeds to solve the problem.

6.3.- TRANSFER OF PXOs.

The Customer accepts that transactions with cryptoassets are not reversible, so that if he sends his PXOs to the wrong address, PXO Token Company will not be allowed to recover it. We recommend extreme precautions when transferring PXOs, during buying and selling Operations. PXO Token Company actively advises the Customer to verify to which address he requests the transfers of his PXOs are made. Derived from the above, the Customer acknowledges that he is absolutely responsible for: i) correctly designating the wallet to which his PXOs will be transferred at the time of purchase in the Platform; and ii) verifying, at the time of the sale of his PXOs, that he is making the transfer to the wallet effectively designated by PXO Token Company. In this way, from this moment the Customer assumes responsibility for any error that is attributable to him.

7.- COMMISSIONS.

The Customer acknowledges that the current commission of the Services will be the one indicated at all times denominated in MXN, through the section called "Commissions" within the Platform next to its description, this information being publicly accessible and can be viewed at any time. In any case, these amounts will be shown to the Customer in a disaggregated form during the process of contracting the Services. PXO Token Company reserves the right to modify commissions at any time, without prior notice. However, the Customer will be charged the commissions shown in the Platform at the time when the Operation has been confirmed by him.

8.- PAYMENT.

PXO Token Company informs the Customer that it will only be able to make payments in the Platform, corresponding to the PXOs that it purchases, through electronic transfer to the bank account that PXO Token Company notifies the Customer through the Platform. Likewise, if the Customer wishes to sell his PXOs to PXO Token Company, it may only deliver the corresponding value in MXN, through electronic transfer to the bank account that the Customer designates, which must be open in his name.

PXO Token Company does not have, with respect to the banks that participate in the electronic transfers referred to in the previous paragraph, a relationship other than the acceptance of the payment method and therefore it cannot be understood that between them there is a company, association, common business objective, or any other similar or analogous relationship. Any controversy, disagreement or dispute that the Customer may have with said banks due to their use as a means of payment will be alien to PXO Token Company and will have to resolve it directly with them.

9.- TAX OBLIGATIONS.

Any Operation made in the Platform that generates the payment of any tax in terms of the applicable legislation, must be covered directly by the Customer, so from this moment the Customer releases PXO Token Company from any contingency of a fiscal nature that may arise from the celebration of Operations in the Platform, being the Customer solely responsible for the fulfillment of any tax or any other obligation before the competent authorities in its jurisdiction.

10.- PROMOTIONS.

Occasionally, there may be various promotions available to the Customer on the Services offered by PXO Token Company in the Platform. The Operations derived from said promotions, as well as the validity thereof, will always be subject to what is described in the Terms and Conditions of the Promotion issued by PXO Token Company for each specific case, which will be made available to the Customer in the Platform. To make particular inquiries about the Terms and Conditions of the Promotion, the Customer may contact the PXO Token Company Customer Service Center, whose contact details are detailed below within these Terms and Conditions.

11.- AML/ATF COMPLIANCE.

The Customer declares, under protest of telling the truth, that the resources that make up his patrimony and particularly those that will be destined to fulfill the obligations derived from the Terms and Conditions, as well as from the Operations concluded with PXO Token Company, are of lawful origin and do not come from any criminal activity.

The Customer acknowledges that PXO Token Company will strictly comply with the provisions of prevention of money laundering and combating the financing of terrorism applicable to the Operations, as well as with the requirements formulated by any competent authority, by which there may be additional requirements to those established in these Terms and Conditions that are applicable to the performance of Operation in the Platform, which must be fully complied with by the Customer in order to use and/or continue to use the Services.

If PXO Token Company suspects that the Customer does not comply with the provisions of prevention of money laundering and combating the financing of terrorism, whether national or international, applicable in its jurisdiction, the Customer agrees that PXO Token Company will require any information or documentation it deems necessary, including the origin and destination of the resources involved in the Operations, as well as for PXO Token Company to inform the corresponding authorities of this situation.

Likewise, the Customer accepts that, in compliance with the policies of prevention of money laundering and combating the financing of terrorism of PXO Token Company, it may report and/or notify Operations to the competent authorities on the Operations carried out in the Platform, when: i) the applicable threshold in the corresponding jurisdiction is exceeded; or ii) PXO Token Company considers that it is a suspicious operation that could be related to the aforementioned illicit activities, according to its own criteria. Such reports and/or notices will be delivered in the formats and deadlines provided by the applicable regulatory framework, including all the information required by the competent authorities, so the Customer accepts that these reports and/or notices will not be considered a violation of the confidentiality obligations contractually assumed by PXO Token Company.

12.- RISK NOTICE.

The risks described below are not, and are not intended to be, a complete or exhaustive list of risk factors. Nothing in these Terms and Conditions relieves the Customer of the responsibility to know and understand the technological, economic and legal nature of cryptoassets and to carefully manage such risks in accordance with accordance with his own understanding.

At the time of becoming a Customer, you expressly acknowledge, accept and assume the following risks and the Customer acknowledges that PXO Token Company shall not be liable in any way for any loss or damage of any kind arising directly or indirectly from the actualization, in whole or in part, of any of the following risk events:

  • Account security risk. Unauthorized access by third parties to the Customer's credentials to access his Account, including through carelessness or forgetfulness of the Customer.
  • Risk of software weaknesses. Since the Services are blockchain-based, any malfunction, breakdown or abandonment of any blockchain may have an adverse material effect on the Services. Additionally, advances in cryptography, or technical may present risks to the Services, making ineffective the cryptographic consensus or other mechanisms of technological components that support the blockchain and tokens.
  • Regulatory risk. Blockchain technology enables new forms of interaction, and it is possible that certain jurisdictions will apply existing regulations or introduce new regulations on applications based on blockchain technology, and that such regulations may result in substantial modifications to the Services, including their termination. In addition, PXO Token Company may cease to operate in a jurisdiction in the event that, due to regulatory actions, it becomes illegal to operate in that jurisdiction, or it is commercially undesirable to obtain the necessary authorizations to operate in that jurisdiction.
  • Tax risk. The tax treatment of cryptoassets is not yet defined in most jurisdictions. The Customer shall seek his own tax advice in connection with the use of the Platform, which could result in adverse tax consequences for him, including, without limitation, being subject to withholding taxes, transfer taxes, value added taxes, income taxes and fees, duties or other similar tax reporting charges and requirements.
  • Unanticipated risks. Cryptoassets and blockchain technology are new technologies. In addition to the risks described in these Terms and Conditions, other risks associated with the use of the Platform may arise.

In consequence the Customers irrevocably and from this moment, releases to PXO Token Company of any type of civil, criminal, commercial, administrative or any other type of liability, present or future, initiated against PXO Token Company, and its respective shareholders, directors, officers, employees, agents, or representatives related to any of the risks described in these Terms and Conditions.

13.- PERSONAL DATA.

For the use of the Services offered in the Platform it is mandatory for the Customer to provide PXO Token Company with true, valid and complete personal data, so the Customer must provide their personal information in an accurate, precise and truthful manner, assuming in any case, the obligation to update the personal data provided as necessary. The Customer accepts and understands that the processing of their personal data will comply with the provisions of the Privacy Notice, which may be consulted in the Platform.

The Customer guarantees and is responsible, in any case, for the legality, veracity, accuracy, validity and authenticity of the personal data provided to PXO Token Company, and it reserves the right to request any document and/or additional data in order to corroborate the personal data of the Customer, as well as to suspend the contractual relationship temporarily or definitively with that Customer whose data could not have been confirmed.

14.- GEOLOCATION CONSENT.

The Customer accepts and grants his consent for PXO Token Company to collect, manage, process and store data related to the geolocation of his electronic devices through which he has access to the Platform. This authorization includes geolocation at each of the different moments in which the Customer enters in the Platform.

15.- RESPONSIBILITY IN THE USE OF THE PLATFORM.

The Customer undertakes to maintain confidentiality about his password, he also accepts and understands that his Account is unique and non-transferable, so he will be solely responsible for the use of his Account and/or password as indicated in this document, as well as for any damage or harm derived from the improper use of them. The Customer undertakes to notify to PXO Token Company Customer Service Center, any unauthorized use of his Account, as well as the entry by unauthorized third parties to it. It is clarified that the sale, assignment or transfer of the Account under any title is prohibited.

The Customer acknowledges and accepts that the use of the Platform is the sole responsibility of the he, so he undertakes to remove in peace and safety PXO Token Company and its respective shareholders, directors, officers, employees, agents, or representatives with respect to any complaint, fine, demand and/or action by any authority or third party, derived from the negligent or improper use of the Platform.

16.- LOSS OR FORGETTING OF PASSWORD.

In the event that the Customer loses or forgets the password of his Account, he must select the option "Forgot your password?" in the Platform, where he will be asked for the email with which he has registered his Account to initiate the recovery procedure, which will be carried out through the Customer’s email. The Customer accepts that PXO Token Company shall have no responsibility whatsoever for the acts performed on his Account prior to the notification of the loss or forgetting of his password.

17.- MAINTENANCE AND AVAILABILITY OF THE PLATFORM.

PXO Token Company undertakes to make its best efforts to maintain the Platform in service, as well as to give due maintenance in an ordinary way to it, in order to grant the Customer a fast, safe and simple navigation. Therefore, it will make its best efforts so that the maintenance services required by the Platform are carried out at times that cause the least possible impact on navigation; in case the maintenance is scheduled, PXO Token Company undertakes to notify the Customer in advance through the Platform; however, in the event that the maintenance must be carried out in a manner extraordinary, the Customer acknowledges that PXO Token Company will not be responsible for interruptions to access that are generated in the Platform.

The Customer acknowledges that PXO Token Company shall not be liable for any damage, injury or loss caused by failures in the system, server or Internet connection. PXO Token Company will not be responsible for any virus, malware, malicious code, malicious software that could affect, damage, unset, delete any type of information or software, among others and/or infect the Customer’s computer as a result of access, use or navigation in the Platform.

The Customer may not attribute any responsibility to PXO Token Company or demand payment for damages, resulting from technical difficulties or failures in the systems or on the Internet. PXO Token Company cannot guarantee the continued or uninterrupted access and use of the Platform, which may eventually be unavailable due to technical difficulties or Internet failures, or for any other circumstance beyond the control of PXO Token Company; in such cases PXO Token Company will try to restore it as quickly as possible without being able to attribute any type of responsibility.

18.- LINKS TO EXTERNAL INTERNET PAGES.

PXO Token Company may offer links to other Internet pages operated by third parties, which has no control over such Internet pages. Such links are provided for reference only. The inclusion of links does not imply any sponsorship, affiliation or approval of the material published on such Internet pages. PXO Token Company makes no warranties regarding the quality, content, nature, security, suitability or reliability of external Internet pages.

Some parts of the Platform may lead to a third-party website. Their relations or communications, carried out through links to external Internet pages, are exclusively between the Customer and said third party. Any query, complaint or claim that the Customer may have about the content presented by third parties must be sent directly to said third party.

19.- USE OF TRACKING TECHNOLOGIES.

PXO Token Company uses cookies, web beacons and other technologies through which it is possible to monitor your behavior as a Customer, provide you with a better service and experience when browsing our Platform, as well as offer you new Services based on your preferences. The Customer may accept or reject the use of these tracking technologies by entering the Platform or by adjusting the settings of his Internet browser.

20.- INTELLECTUAL PROPERTY.

The Customer accepts and acknowledges that the source code, programs, databases, files and, in general, all those functionalities that integrate the Platform are protected by intellectual property rights whose owner is PXO Token Company, therefore, it is fully empowered to request that those persons who:

  • Make partial or total copies of the Platform without the corresponding authorization or license.
  • Create derivative versions of the Platform.
  • Translate the content of the Platform into another language.
  • Use the Platform to develop any software or other materials based on it.
  • Engage in conduct sanctioned by the national and international provisions on intellectual property.

In the same way, the unauthorized exploitation of registered trademarks or in the process of registration, commercial notices, domain names and other legal institutions related to intellectual property that appear in the Platform owned by PXO Token Company is prohibited. PXO Token Company has exclusive rights to the trademarks displayed in the Platform. Likewise, PXO Token Company has the authorization to reproduce the brands of third parties that are included in the Platform for promotional or informative purposes. The Customer agrees that no license by PXO Token Company for the use of its intellectual property or any third party has been granted in the Terms and Conditions.

Any person who is caught performing conduct that violates the intellectual property rights of PXO Token Company will be sanctioned in terms of the legislation on the matter, without prejudice to the actions that proceed through criminal or civil proceedings.

21.- NOTIFICATIONS.

The Customer accepts that all the notifications that PXO Token Company must make to him, derived from the Terms and Conditions, will be sent in writing to the email with which the Customer registers his Account, in the same way, said notifications may be made through the platform , by telephone and/or through instant messaging applications according to the contact details provided by the Customer at the time of registration.

22.- CUSTOMER SERVICE CENTER.

The Customer may contact PXO Token Company, to resolve any query or request related to these Terms and Conditions, by email sent to the address [email protected], or at its address located at Craigmuir Chambers, VG 1110 Road Town, Tortola, British Virgin Islands .

23.- MODIFICATIONS TO THE TERMS AND CONDITIONS.

PXO Token Company may modify the Terms and Conditions at any time, notifying the Customer of the modifications 5 (five) business days before they enter into force. Likewise, within 5 (five) business days following the entry into force of the modifications introduced, the Customer may communicate to the Customer Service Center if he does not accept them; in that case, the contractual link will be dissolved, and his Account in the Platform will be disabled. Once this period has expired without making any statement, the Customer will be deemed to accept the new Terms and Conditions of PXO Token Company.

24.- MISCELLANEOUS.

  • Non-assignment of rights and obligations. The rights and obligations generated by virtue of the use of the Services and the acceptance of the Terms and Conditions may not be assigned in part or in full by the Customer. In the event that PXO Token Company makes any assignment to third parties, it shall notify the Customer in writing no later than 5 (five) business days after such assignment.
  • Fortuitous event or force majeure. PXO Token Company is not responsible for any failure or delay in the performance of its obligations under the Terms and Conditions, when such failure or delay arises from fortuitous event or force majeure. Fortuitous event refers to any event of nature, not attributable to PXO Token Company and beyond its will, which cannot be foreseen, or which, even foreseeing it, cannot be avoided and which creates an impediment to the fulfillment of any of the obligations derived from the Terms and Conditions. Force majeure refers to any fact of man, not imputable PXO Token Company and outside the domain of his will, which cannot be foreseen, or that, foreseeing it, cannot be avoided, which creates an impediment to the fulfillment of any of the obligations of this adhesion contract.
  • Divisibility. If any provision of the Terms and Conditions is declared null and void by a final decision issued by a competent authority, the remaining provisions of these Terms and Conditions will remain in force, without being affected by said declaration of nullity.
  • Titles. The titles and subtitles contained in these Terms and Conditions are for convenience only and shall not be deemed to control or affect the meaning or construction of any provision thereof.
  • Non-resign. The fact that PXO Token Company at any time does not require the Customer to comply with any provision of these Terms and Conditions, will not affect its right to request compliance at any time thereafter.
  • Language. PXO Token Company may endeavor to provide these Terms and Conditions in languages other than English, so they will apply in different languages and will have the same legal force. In the event of a conflict between the provisions of the Terms and Conditions drawn up in different languages, the respective provision in the English language shall prevail.

25.- ELECTRONIC SIGNATURE.

The Customer and PXO Token Company agree that, for the purposes of these Terms and Conditions and the Operations held in the Platform, the Customer will express his consent through electronic means, having the same effects that the autograph signature.

26.- APPLICABLE LAW AND JURISDICTION.

or purposes of interpretation, as well as to resolve any legal dispute that may arise from the use of the Services and these Terms and Conditions, the parties expressly agree, by mutual agreement and without reservation, to resolve any dispute or claim that may arise in connection with these terms and conditions or the use of the products or services provided by PXO Token Company by binding individual arbitration.

Accordingly, Customer and PXO Token Company waive the right to resolve any dispute arising between them through a court or tribunal, or class arbitration, class action or any other type of representative proceeding.

If for any reason, a claim must be heard in court instead of arbitration, both parties waive any right they may have to a jury trial where applicable under applicable law. If the law of any jurisdiction, country or court prevents the application of the limitation contemplated herein to a claim or dispute, then this and only this claim or dispute must be resolved in a court of law. PXO Token Company may appeal the latter decision if appropriate under applicable law. Remaining claims shall continue to be resolved by arbitration.

This Agreement shall be governed by, construed and interpreted in accordance with the UNIDROIT Principles of International Commercial Contracts (2016) and with respect to matters not covered by such Principles by the Laws of the British Virgin Islands.

In the event of any dispute arising out of or in connection with this contract, the parties shall first refer the dispute to proceedings under the ICC Mediation Rules. If the dispute has not been resolved in accordance with such Rules within 30 days after the filing of a Request for Mediation or within such period as the parties may agree in writing, such dispute shall be finally settled in accordance with the Rules of Arbitration of the International Chamber of Commerce by an arbitrator appointed in accordance with such Rules of Arbitration. The place of arbitration shall be Mexico City.

27.- CUSTOMER CONSENT.

Once the Terms and Conditions have been read and understood, the Customer declares that he has understood the legal scope of his rights and obligations and, consequently, gives his consent for the corresponding Operations to be regulated under these Terms and Conditions.

LAST UPDATED: MARCH 19, 2022.