DHP (Dynamic HEXAGLOW Project) Participation Agreement

This Participation Agreement sets forth the conditions for joining the decentralized network-based Web3 multi-level marketing (MLM) business provided by DHP. 

By signing this agreement, the participant (hereinafter referred to as “the Member”) acknowledges and agrees to comply with all terms outlined herein.

 

Article 1: Understanding of Business

1. The Member understands that this business is an MLM utilizing blockchain technology, where token rewards are earned through product sales and referrals.

2. The Member acknowledges that all transactions are processed transparently and automatically through smart contracts, making them tamper-proof.

3. The Member understands that earnings are not guaranteed and will vary depending on individual efforts, sales activities, and network growth.

4. Due to the automated nature of calculations and payments, organizational changes or refunds after registration are not possible.

Article 2: Token Rewards and Web3 Economy

1. The Member agrees to the reward system utilizing the Company’s proprietary tokens (or affiliated cryptocurrencies).

2. The Member understands that rewards will only be paid if certain conditions (such as sales performance, referral activities, and execution of smart contracts) are met. If conditions are not met, no payment may be made.

3. The circulation and usage of tokens may be integrated into the decentralized finance (DeFi) ecosystem, allowing use in external decentralized exchanges (DEXs) and NFT marketplaces.

4. The Company reserves the right to modify the token reward plan as necessary based on market conditions and technological factors.

Article 3: Sales and Marketing Rules

1. The Member agrees to conduct the sales and marketing of the Company’s products, services, and tokens appropriately, without making false or exaggerated claims.

2. Statements such as “easy earnings” or “guaranteed profits” that may cause misunderstandings are strictly prohibited.

3. The Member pledges not to exploit the transparency of smart contracts for fraudulent transactions or abuse of the network.

4. If collaborating with Web3-related services such as NFTs, the Metaverse, or DAOs (Decentralized Autonomous Organizations), the Member must conduct promotions in compliance with the applicable regulations.

Article 4: Recruitment Activities Regulations

1. The Member pledges to follow a fair registration process through smart contracts and to refrain from fraudulent registrations when introducing new members.

2. During recruitment, the Member must comply with applicable laws, such as the Specified Commercial Transactions Act and the Financial Instruments and Exchange Act, as well as blockchain industry guidelines.

3. For NFT-related recruitment activities, the Member must review and comply with the terms of service of each platform to avoid violations.

Article 5: Compliance and Legal Adherence

1. The Member agrees to comply with relevant laws (e.g., the Specified Commercial Transactions Act, Consumer Protection Act, AML regulations) and acknowledges that any violation may result in account suspension or termination.

2. The Member pledges to adhere to Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations and to avoid involvement in illicit financial activities.

3. The Company reserves the right to disclose transaction information as required by regulatory authorities.

Article 6: Account Management and Termination

1. The Member is responsible for managing their account using their own wallet address and must properly safeguard their private key and passphrase.

2. If the private key is lost, the Company cannot guarantee asset recovery.

3. There is no formal withdrawal process; the Member is free to cease activities at any time.

4. No procedures are required to discontinue activities.

Article 7: Limitation of Liability

1. The Member agrees to take full responsibility for their own sales activities and token transactions and waives any claims against the Company.

2. The Company shall not be held liable for damages resulting from blockchain-related technical issues, such as network delays or hacking incidents.

Article 8: Agreement and Signature

By signing this agreement, the Member confirms that they fully understand and agree to all the terms and conditions outlined above.