OTC MEME CORP. PLATFORM TERMS AND CONDITIONS
By accessing or using theย OTC Meme Corp. platformย ("Platform"), website located atย https://otc.meme, or any related services (collectively, the "Services"), you agree to be bound by:
- ๐ These Terms and Conditions ("Terms")
- ๐ Our Privacy Policy
- โ๏ธ All applicable laws and regulations
โ ๏ธ IMPORTANT: If you do not agree with any of these terms,
you are PROHIBITED from using or accessing the Services.
๐ข Company Information
๐ข OTC Meme Corp.
๐ A Florida Corporation
240 Vaughn Dr, Ste 8
Alpharetta, GA 30009
๐ง Email: support@otc.meme
2. ๐ DESCRIPTION OF SERVICES
2.1 ๐ Platform Overview
OTC Meme Corp. operates aย blockchain-based platformย that enables the tokenization of OTC micro-cap securities as meme tokens on theย Solana blockchain.
Our Services Include:
- ๐ช Tokenization of company shares through preferred share structures
- ๐ Creation of 1:1 backed tokens representing shares held at Empire Stock Transfer Inc.
- ๐ Facilitating trading of tokenized securities through bonding curves and liquidity pools
- ๐๏ธ Providing market infrastructure for previously illiquid OTC securities
2.2 ๐ซ Not Investment Advice
โ ๏ธ CRITICAL DISCLAIMER:
THE PLATFORM DOES NOT PROVIDE INVESTMENT, TAX, LEGAL, OR ACCOUNTING ADVICE.
All content on the Platform is for informational purposes only.
You should:
- ๐ Conduct your own research
- ๐งโ๐ผ Consult with qualified professionals
- ๐ก Make informed investment decisions independently
3. ๐ค ELIGIBILITY AND REGISTRATION
3.1 โ Eligibility Requirements
To use the Services, you must:
- ๐ Be at leastย 18 years of age
- โ๏ธ Have the legal capacity to enter into binding contracts
- ๐ซ Not be prohibited from using the Services under applicable laws
- ๐ Complete all requiredย KYC and AMLย verification procedures
3.2 ๐ Account Registration
You must provide accurate, current, and complete informationย during registration and maintain the accuracy of such information.
You are responsible for:
- ๐ Safeguarding your account credentials
- ๐ค All activities that occur under your account
- ๐จ Immediately notifying us of any unauthorized use
4. ๐ช TOKENIZATION PROCESS
4.1 ๐ข Company Tokenization
Companies seeking to tokenize their securities must:
๐ TOKENIZATION REQUIREMENTS:
โ
Create Series "M" Preferred Shares (or equivalent) as specified
โ
Execute a tripartite agreement with OTC Meme Corp. and Empire Stock Transfer Inc.
โ
Irrevocably deposit 1,000,000,000 preferred shares with Empire Stock Transfer
โ
Pre-fund and purchase 40-60% of minted tokens immediately upon tokenization
โ
Acknowledge that deposited shares cannot be reclaimed
4.2 ๐ Token Characteristics
All tokens created through our Platform:
- ๐ฆ Are backedย 1:1ย by preferred shares held at Empire Stock Transfer
- ๐ Cannot exceed the number of shares held in custody
- ๐ฐ Are subject to aย 0.04% total transaction feeย (0.03% to OTC Meme Corp., 0.01% to Empire Stock Transfer)
- ๐ Trade according to bonding curve mechanics until reaching graduation thresholds
4.3 ๐ซ Company Restrictions
Companies that tokenize their shares:
โ PERMANENT RESTRICTIONS:
โข CANNOT redeem tokens for their deposited preferred shares
โข Cannot manipulate token supply or backing ratios
โข Must comply with all disclosure requirements
โข Are permanently restricted from accessing their deposited shares
5. ๐ฐ TRADING AND FEES
5.1 ๐ธ Fee Structure
All token transactions are subject to the following fees:
// Fee Structure:
๐ During Bonding Curve Phase:
โข 1.1% total (1.0% to Platform, 0.1% to Empire Stock Transfer)
๐ After Graduation:
โข 0.4% total (0.3% to Platform, 0.1% to Empire Stock Transfer)
โ ๏ธ Fees are:
โข Automatically deducted from each transaction
โข Permanent and coded into smart contracts
5.2 ๐ Trading Mechanics
- ๐ย Initial tradingย occurs through bonding curves for price discovery
- ๐ย Tokens graduateย to full DEX trading upon reaching $50,000 in liquidity
- โ ย All trades are finalย and irreversible once confirmed on blockchain
- ๐ย Trading is available 24/7ย subject to blockchain availability
6. โ๏ธ REGULATORY COMPLIANCE
6.1 ๐ Securities Law Compliance
You acknowledge that:
- ๐ Tokenized securities may be subject to federal and state securities laws
- ๐ค You are responsible for complying with all applicable regulations
- ๐ Certain tokens may be restricted based on your jurisdiction
- ๐ก๏ธ The Platform implements the "Howey Shield" framework for compliance
6.2 ๐ KYC/AML Requirements
All users must:
- ๐ Complete identity verification procedures
- ๐ Provide required documentation
- โ Consent to ongoing transaction monitoring
- ๐จ Report any suspicious activities
6.3 ๐ซ Restricted Jurisdictions
The Services are NOT available in certain jurisdictions, including:
- ๐ดโโ ๏ธ Countries subject to U.S. sanctions
- ๐ซ Jurisdictions where cryptocurrency trading is prohibited
- โ๏ธ Any location where our Services would violate local law
7. โ ๏ธ RISK DISCLOSURES
7.1 ๐ Investment Risks
๐จ YOU ACKNOWLEDGE AND ACCEPT THE FOLLOWING RISKS:
- ๐ธย Complete loss of invested capital
- ๐ขย Extreme price volatility
- ๐๏ธย Limited or no liquidityย for certain tokens
- ๐งย Technology failures or exploits
- ๐ย Regulatory changesย affecting token value
- ๐ย Company bankruptcy or fraud
7.2 ๐ซ No Guarantees
โ ๏ธ WE DO NOT GUARANTEE:
- ๐ Token price appreciation
- ๐ฅ๏ธ Continued platform operation
- ๐ง Liquidity availability
- โ Regulatory approval
- ๐ข Company success or viability
7.3 ๐ซ๏ธ Grey Market Securities
Many tokenized securities represent companies in the grey market that:
- ๐ Have limited or no current financial reporting
- ๐ May have ceased operations
- โ ๏ธ Face significant business challenges
- ๐ Have no traditional market makers
8. ๐จ INTELLECTUAL PROPERTY
8.1 ๐ข Platform IP
All Platform content, features, and functionality areย owned by OTC Meme Corp.ย and are protected by:
- ยฉ๏ธ International copyright laws
- โข๏ธ Trademark laws
- ๐ Patent laws
- ๐ Trade secret laws
- โ๏ธ Other intellectual property laws
8.2 ๐ User Content
By submitting content to the Platform, you grant us aย worldwide, non-exclusive, royalty-free licenseย to use, reproduce, and distribute such content in connection with the Services.
9. ๐ซ PROHIBITED ACTIVITIES
You may NOT:
โ PROHIBITED ACTIVITIES:
โข Violate any laws or regulations
โข Engage in market manipulation or wash trading
โข Use the Platform for money laundering or terrorist financing
โข Attempt to hack, disrupt, or damage the Platform
โข Impersonate others or provide false information
โข Create multiple accounts to circumvent restrictions
โข Use automated systems without authorization
10. โ ๏ธ DISCLAIMER OF WARRANTIES
๐จ CRITICAL DISCLAIMER:
THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE"
WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED.
WE SPECIFICALLY DISCLAIM ALL WARRANTIES INCLUDING:
- ๐ย MERCHANTABILITY
- ๐ฏย FITNESS FOR A PARTICULAR PURPOSE
- โ๏ธย NON-INFRINGEMENT
- โ ย ACCURACY OR RELIABILITY OF INFORMATION
11. ๐ก๏ธ LIMITATION OF LIABILITY
โ ๏ธ TO THE MAXIMUM EXTENT PERMITTED BY LAW:
๐ซ No Liability For:
- OTC MEME CORP. SHALL NOT BE LIABLEย for any indirect, incidental, special, consequential, or punitive damages
๐ฐ Maximum Liability:
- OUR TOTAL LIABILITY SHALL NOT EXCEEDย the fees paid by you in the twelve months preceding the claim
๐ External Factors:
- WE ARE NOT LIABLEย for losses arising from third-party actions, blockchain failures, or force majeure events
12. ๐ก๏ธ INDEMNIFICATION
You agree to indemnify, defend, and hold harmlessย OTC Meme Corp., its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses arising from:
๐ INDEMNIFICATION COVERS:
โข Your use of the Services
โข Your violation of these Terms
โข Your violation of any third-party rights
โข Any content you submit to the Platform
13. โ๏ธ DISPUTE RESOLUTION
13.1 ๐๏ธ Arbitration Agreement
Any disputes arising from these Terms or your use of the Services shall be resolved throughย binding arbitrationย in accordance with theย American Arbitration Association rules.
13.2 ๐ฅ Class Action Waiver
You waive any right to participate in:
- ๐ฅ Class action lawsuits
- ๐๏ธ Class-wide arbitration
13.3 ๐ Governing Law
These Terms are governed by theย laws of the State of Florida, without regard to conflict of law principles.
14. ๐ MODIFICATIONS
๐ Amendment Rights
We reserve the right to modify these Terms at any time.
Notification Process:
- ๐ง We will notify users of material changes via email or Platform announcement
- โ Continued use after changes constitutes acceptance of modified Terms
15. โ TERMINATION
15.1 ๐ค User Termination
You may terminateย your account at any time, subject to completing any open transactions.
15.2 ๐ข Platform Termination
We may terminate or suspend your access immediately, without prior notice, for:
โ ๏ธ TERMINATION REASONS:
โข Violation of these Terms
โข Suspected fraudulent or illegal activity
โข Extended period of inactivity
โข Any other reason at our discretion
15.3 ๐ Effect of Termination
Upon termination:
- โ Your access to the Platform will cease
- ๐ฐ You remain liable for all transactions prior to termination
- ๐ช Tokens you own remain on the blockchain
- ๐ Certain provisions of these Terms survive termination
16. ๐ PRIVACY AND DATA PROTECTION
16.1 ๐ Privacy Policy
Your use of the Services is subject to ourย Privacy Policy, which is incorporated by reference.
16.2 ๐ก๏ธ Data Security
While we implement reasonable security measures,ย no system is completely secure. You acknowledge the inherent risks of providing information online.
17. ๐ค THIRD-PARTY SERVICES
17.1 ๐ฆ Empire Stock Transfer
Custody servicesย are provided byย Empire Stock Transfer Inc., a SEC-registered transfer agent. Their services are subject to separate terms and conditions.
17.2 โ๏ธ Blockchain Networks
The Platform operates onย Solana blockchain. Network operations are outside our control and subject to network rules and conditions.
18. ๐ MISCELLANEOUS
18.1 ๐ Entire Agreement
These Terms constitute theย entire agreementย between you and OTC Meme Corp. regarding the Services.
18.2 ๐ง Severability
If any provision is found unenforceable, theย remaining provisions shall continueย in full effect.
18.3 ๐ Assignment
You may NOT assignย your rights under these Terms without our prior written consent.
18.4 โ Waiver
No waiverย of any term shall be deemed a further or continuing waiver of such term or any other term.
19. ๐ข SPECIAL PROVISIONS FOR TOKENIZED COMPANIES
19.1 ๐ Permanent Commitment
Companies acknowledge that preferred share deposits areย PERMANENT and IRREVOCABLE.
19.2 ๐ฐ Token Purchase Obligation
Companiesย must purchase 40-60%ย of their minted tokens immediately upon tokenization at the initial bonding curve price.
19.3 ๐ซ No Redemption Rights
Companiesย CANNOT redeem tokensย for their deposited shares underย any circumstances.
20. ๐ CONTACT INFORMATION
For questions about these Terms:
๐ข OTC Meme Corp.
๐ 240 Vaughn Dr, Ste 8
Alpharetta, GA 30009
๐ง Email: legal@otc.meme
๐ Phone: 1-404-734-3277
โ FINAL ACKNOWLEDGMENT
๐จ BY USING THE OTC MEME CORP. PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE
READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS.
โ๏ธย Legal Complianceย - These terms are designed to protect both users and the platform while ensuring regulatory compliance across all supported jurisdictions.