Legal

Terms of Sale

Last updated: 12 June 2026 · Version 1.0 (template)

Template notice Drafting template only — not legal advice. Finalise with qualified counsel for each jurisdiction (EEA: MiCA / ESMA; Germany: BaFin white paper notification; Türkiye: CASP rules).

1. The offering

These Terms of Sale govern participation in the SOVRA Protocol Early Investor Round and any subsequent presale stage (the "Round"). The Round is an application-based, KYC-gated private allocation. Submitting an application is an offer to participate which SOVRA may accept or reject at its sole discretion.

2. Eligibility

You are at least 18 years old and have legal capacity to contract.
You are not a resident, citizen, or located in a restricted jurisdiction.
You are not a sanctioned person and are not acting for any sanctioned person.
You complete KYC/AML verification and provide accurate information.

3. Allocation and pricing

Allocations are subject to minimum and maximum amounts, availability, and approval. Prices are set per stage and may change between stages. Allocation is recorded against your account under the applicable release schedule. Any future transferable distribution or claim mechanism requires separate implementation, independent security/legal review and official disclosure before activation.

4. Payment

USDT · USDC · ETH · BTC

Successful verified KYC/AML is the investor approval event; no separate team approval follows it. Exact chain-specific payment instructions are then provided only in the authenticated dashboard for operationally ready payment rails. Applicants should never send funds based only on a social-media post or public wallet list.

5. Vesting and future distribution

Standard sale-round release terms are: Stage 1 — 10% at the common distribution activation event and 90% monthly over 18 months; Stage 2 — 15% and 85% monthly over 12 months; Stage 3 — 15% and 85% monthly over 12 months; Stage 4 — 20% and 10% monthly for eight months. Purchase date does not create a separate vesting clock. The current Ethereum genesis reference contract is permanently non-transferable and has no unlock mechanism. Any future transferable token distribution, migration or claim contract requires a separately reviewed implementation and public disclosure.

6. Compliance and termination

SOVRA may suspend, reject, or unwind any participation that fails KYC/AML, originates from a restricted jurisdiction, or that SOVRA reasonably believes involves unlawful activity.

7. No advice; risk

Nothing here is investment, legal, or tax advice. Participation is high risk; see the Risk Disclosure. SOVRA, save for liability that cannot be excluded by law, gives no warranties and excludes liability for loss of profits, tokens, or data.

8. Governing law

These Terms are governed by the laws of the jurisdiction specified in the Token Purchase Agreement, with disputes subject to the courts/arbitration named therein. (Confirm with counsel.)