Linework Privacy and Policies refers to the Privacy Policy of the main site of Linework, reachable onto the header menu.



PRIVACY POLICY

Linework Services shall not use, process, or transfer your personal data beyond the limits permitted by statute or defined by the stakeholder’s consent. Unless you select otherwise, the information provided to Linework Services will not be visible to the public or other community members.

Before participating in the ICO you have to provide certain personal information about yourself (this may include, but is not limited to, your name, contact details, date of birth, personal identification number, field of activity, residency, bank account information, source of funds, scanned copy of passport or similar personal documents, and any other details that may be required to meet legal requirements) to enable us to verify your identity.

Before using the Community Portal, you have to register with Linework as a community member and provide further personal information.

Linework Services performs KYC (“Know Your Customer”) and AML (“Anti-Money Laundering”) procedures. If you supply Linework Services with the personal information described above and any other personal data (including IP address), you agree that Linework Services will therefore process your information for AML purposes, and can provide your information to the state authorities in the countries Linework Services operates.

You hereby authorize Linework Services to, directly or through third parties, make any inquiries we consider necessary to verify your identity and/or protect against fraud, including to query identity information contained in public domains or reports, and to take any action we reasonably deem necessary based on the results of such inquiries or reports. You further authorize any and all third parties to whom such inquiries or requests may be directed to fully respond to such inquiries or requests.

 

Final Provisions

Compliance  Linework Services shall cooperate with all law enforcement inquiries, subpoenas, or requests provided they are fully supported and documented by the law in the relevant jurisdictions.

Amendments  Linework Services, after final approval of the Linework Board, reserves the right to change, modify, add, or remove portions of these Terms at any time during the ICO and afterward by posting the amended Terms on Lineworks website, as well as making a public announcement. The revised version will be effective at the time Linework Services posts it unless indicated otherwise. However, Linework Services will provide 10 working days’ notice of any substantial change. If you do not agree to be bound by the amended or modified Terms, you must cease accessing or using Linework.

Jurisdiction  These Terms shall be governed by and construed in accordance with the laws of the Isle of Man. Any dispute arising under these Terms shall be subject to the exclusive jurisdiction of the Isle of Man courts.

Acceptance of Terms  By the acquisition of Linework, the stakeholder confirms that, to the extent permitted by law, he/she is authorized to acquire Linework and to fully understand and to be bound by these Terms regarding his/her relevant jurisdiction. If you are not a registered user, but access or use Linework services, mobile applications, electronic platforms, the website located at www.linework.online, or any other associated website hosted by Linework Services, then you indicate that you agree to these Terms. If you do not agree to any of the specific terms or conditions herein you may not access or use any of the Linework services.

If you have any questions, please contact Linework by e-mail at sto@linework.online.


LEGAL DISCLAIMERS

This section illustrates legal and risk disclaimers concerning the Project, including the LWC. This section is not intended to be exhaustive and does not constitute investment or other advice. Prospective purchasers should make their own independent evaluation of all risk factors and should read the detailed information set out elsewhere in this whitepaper. Other risks and uncertainties unknown to Linework or considered insignificant at this time could equally have a material adverse effect on the business, operations, financial conditions, or prospects of Linework.

The whitepaper is only for informational purposes. It does not constitute a prospectus, advice, an offer document, an offer of securities, a solicitation for investment, or any offer to sell any product, item, or asset. It does not provide all information about the Project, and its terms and conditions may be updated and changed from time to time without notice. The whitepaper contains forward-looking statements or information (“forward-looking statements”) that relate to Linework’s current expectations and views of future events. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause Project’s actual situation and results to differ materially from those indicated in these statements. Linework may encounter difficulties during the development of the products, including financial, resourcing, and technical difficulties. Development of the Project may therefore fail, terminate, or be delayed at any time for any reason. Such failure, termination, or delay is likely to reduce and may completely obliterate any existing utility that LWC may hold. Linework does not authorize anyone to make any representation not included in the Whitepaper,  no assets, property, or security rights underlying LWC. Accordingly, all decisions involving the Project will be made by Linework. In particular, the LWC does not represent or constitute any intellectual property rights, ownership rights or stake, shares or security, membership right or equivalent rights nor any right to receive future revenues, shares, or any other form of participation or governance rights in or relating to Linework. Nothing underpins the value of LWC other than the prospect of the Project’s access, usage, and functionality. Linework reserves the right to migrate the LWC to another protocol and generate replacement tokens on the new protocol in the future. In this case, Linework may no longer provide support for the pre-existing tokens or any other operational matters, except concerning the migration process. The LWC and the Project rely heavily on the internet. Linework takes no responsibility for risks arising from reliance on the Internet (interruption, delay, corruption or loss of data, or the loss of confidentiality in the transmission of data, etc.) and on the blockchain technology (scripting language flaws, targeting of the platform or you by malicious persons, the existence or development of competing networks and platforms, source code changes, etc.).The LWC holders need to have a sufficient understanding of the functionality, usage, storage, transmission mechanisms, and other material properties of cryptographic assets, wallets and other tokens/asset storage mechanisms, public and private key administration, and blockchain technology. Holding and transfer of LWC and use of the Project (if and when developed) will not be anonymous. Your address and such participation will be recorded on a permission-less blockchain. The users of the Project will need to comply with applicable laws and regulations, including but not limited to certain anti-money laundering and terrorist financing measures. Furthermore, to comply with Anti-Money Laundering (AML) regulations and by our privacy statements, the disclosure will be made to relevant authorities and regulators upon request. You alone are responsible for securing your private key. Losing control of your private key will permanently and irreversibly deny you access to your LWC. Neither Linework nor any other person will be able to retrieve or protect your LWC. Linework is not liable for any indirect, special, incidental, consequential, or other losses of any kind, in tort, contract, or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on the whitepaper or any part thereof by you. The linework is open to being audited for compliance and providing transactions open for the public including wallet addresses. The users on Linework will need to comply with applicable laws and regulations, including but not limited to certain anti-money laundering and terrorist financing measures.

 

RISK DISCLAIMERS

Purchasing LWC involves inherent risks, some of which are set out in this Section of the whitepaper. These risks, and additional risks arising either now or in the future, could result in the failure of the LWC transfers, the destruction of LWC or the utility of LWC, and/or the termination of the development of LWC or of the Project. There is a possibility that the purchase amount may be unrecoverable and/or that the LWC may cease to have inherent intrinsic value. You must therefore consider carefully whether the risks set out below, as well as all other applicable risks, are acceptable to you prior to deciding whether to purchase LWC. Many factors, most of which are beyond Linework’s control, will influence the value of LWC and the price, if any, at which market participants may be willing to purchase or sell LWC in the secondary market. Accordingly, if an LWC Holder sells its LWC in the secondary market, it may not be able to obtain a price equal to the principal amount of LWC or a price equal to the price that it paid for LWC. You must seek professional advice (legal, taxation, financial, technical. or otherwise) regarding your particular situation before purchasing LWC, holding LWC, or using the Project.

 

POTENTIAL RISKS

• Blockchain-related risks: the underlying software application and software platform are still in an early development stage and un-proven so there is no guarantee that the process for creating LWC will be uninterrupted or error-free. There is an inherent risk of weaknesses, vulnerabilities, or bugs in the software causing the complete loss of LWC and the Project.

• Abandonment/lack of success: Linework may abandon the creation of LWC and the development of the Project for various reasons, including lack of interest from the public, lack of funding, lack of commercial success or prospects (e.g. caused by competing projects) and legal, tax or regulatory considerations.

• Regulatory risks: certain jurisdictions might apply already existing laws and regulations to blockchain technology-based projects or introduce new laws or regulations for this purpose. Newly introduced regulations may differ from the existing setup of the platform. This may cause, inter alia, substantial modifications of the Project or bring to the termination and/or the loss of LWC. Linework may receive formal or informal queries, notices, requests, or warnings by governmental authorities and regulators (including Tax treatment and accounting statutes).