Terms of Sale

Version: 16 September 2025 (updated 3 April 2026)

GAJUMARU MINING SOFTWARE LICENSE

TERMS OF SERVICE

Version: 16.09.2025

These Terms of Service (Terms) govern your purchase and use of Gajumaru Software Licenses from QPQ IaaS AG (QPQ). The Gajumaru Blockchain is an energy-efficient, proof-of-work distributed ledger network utilising Bitcoin Next-Generation technology, designed for broad participation without centralised control. The Software enables you to contribute computational capacity independently, with optional acquisition of mined Gajus (native coins).

IMPORTANT RISK DISCLOSURES: Blockchain technology and cryptocurrencies like Gajus are experimental and involve risks, including but not limited to: loss of value due to market volatility, technological failures, cyberattacks, regulatory changes, or network forks; no guarantees of performance, uptime, or outcomes; potential for loss of access to Software or Gajus due to hardware failure, internet issues, or license revocation; tax implications varying by jurisdiction.

REGULATORY DISCLAIMER: This offering is strictly a software license and does not constitute a security, financial instrument, or other regulated activity. The offering is outside the scope of the Swiss Financial Services Act (FinSA) as the Gaju coin is not a financial instrument under FinSA and the mining of Gaju coins does not constitute a financial service within the meaning of FinSA. In addition, the automatic creation of earnings from mining without the involvement of any party is generally not subject to the Swiss Anti-Money Laundering Act (AMLA). QPQ makes no representations in relation to compliance with other laws.

(a) UNITED STATES: This offering has not been registered with the Securities and Exchange Commission. We make no representation that participation is lawful in any U.S. state. U.S. persons participate at their own legal risk.
(b) UNITED KINGDOM: This is not a regulated financial promotion or investment under the Financial Services and Markets Act 2000 (FSMA) and UK Financial Conduct Authority (FCA) rules. UK consumers have no Financial Services Compensation Scheme or Financial Ombudsman Service protection.
(c) EUROPEAN UNION: This offering has not been approved under the European Union Markets in Crypto-Assets Regulation (MiCA), Regulation (EU) 2023/1114.
(d) OTHER JURISDICTIONS: Mining and cryptocurrency activities may be illegal in your jurisdiction. You must verify legality before participating.

If any of the activities outlined in these Terms are prohibited in your jurisdiction, do not proceed.

DEFINITIONS

Contribution Rate	The fixed, predefined daily computational contribution capacity associated with each License Tier.
Cuckoo Cycle	A memory-bound proof-of-work algorithm that is thousands of times more energy-efficient than CPU-bound mining algorithms.
Gaju or GAJU	The native cryptographic coin of the Gajumaru Blockchain with similar features and functionalities as Bitcoin, with a maximum supply of 1 trillion coins to be mined over 87.5 years.
Gajumaru Blockchain	A distributed-ledger-network based on a proof-of-work consensus mechanism developed by QPQ AG and using Bitcoin Next-Generation technology.
License Tier	The license tiers for the Software Licenses as set out in Section 4.
Mining Hive	The coordinated mining infrastructure operated by QPQ that distributes mining work to client miners and facilitates blockchain participation.
Mining Software	The downloadable mining software developed by QPQ that enables participation in the Gajumaru Blockchain, including executable programs, documentation, and instructional materials.
Protected Mining Period	The initial phase where mining access is limited to licensed Software users / License holders to ensure broad distribution before commercial mining operations join the network following the public launch on 31 March 2027 or such later date prior to 30 September 2027 as determined by QPQ.
Puck	The smallest subdivision of a Gaju, equivalent to 1e-18 (one quintillionth) of a Gaju.
Purchaser or User or you	The individual or entity purchasing and using Gajumaru Software Licenses.
QPQ or Owner or Development Company	QPQ IaaS AG, a Swiss Corporation with registration number CHE-242.519.378 and with registered office at Allmeindstrasse 17, 8840 Einsiedeln, Switzerland.
Software License	The software-as-a-service license providing non-exclusive, limited, and non-transferable rights to use the Mining Software.
Smart Contract	Automated blockchain protocols that verify mining participation and distribute rewards based on computational contributions.

2. LEGAL FRAMEWORK

1. Contract Parties

These Terms constitute a legally binding agreement between you (as the Purchaser and User) and QPQ (as the Owner and Development Company). These Terms govern your purchase, access to, and use of the Software License, any associated software, and any related services provided by QPQ.

2. Limited Offering

This offering is expressly limited to the provision of a non-exclusive, revocable Software License for the Mining Software, which permits the Purchaser to utilise their own computational resources to support the Gajumaru Blockchain on an independent, non-custodial basis. For the avoidance of doubt, this offering does not, under any circumstances or interpretation:

constitute or involve the offering, sale, or distribution of any financial products, securities (as defined under applicable laws, including but not limited to the Swiss Financial Instruments and Services Act (FinSA) or equivalent international regulations), investment contracts, derivatives, or similar instruments;
constitute a regulated financial promotion, invitation, or inducement under the United Kingdom Financial Services and Markets Act 2000 (FSMA) or Financial Conduct Authority (FCA) rules, and accordingly, United Kingdom residents or consumers shall have no recourse to the Financial Services Compensation Scheme (FSCS), the Financial Ombudsman Service (FOS), or any equivalent protections;
constitute an approved, registered, or authorised offering under any securities, financial services, or crypto-asset regulatory regime, including but not limited to the European Union Markets in Crypto-Assets Regulation (MiCA) (Regulation (EU) 2023/1114) or United States federal or state securities laws;
constitute or imply any form of investment, commercial, financial, tax, legal, or other professional advice, and the Purchaser acknowledges that they must seek independent advice from qualified professionals in their jurisdiction;
constitute or involve custodial services, safekeeping, or administration of digital assets, cryptocurrencies, or any other property on behalf of the Purchaser, as QPQ maintains no control, access, or responsibility over the Purchaser's assets or equipment;
constitute or involve banking, financial intermediation, payment processing, money transmission, or any related services regulated under applicable laws, such as the Swiss Banking Act or equivalent;
constitute or form part of any collective investment scheme, pooled fund, mutual fund, trust, or financial instrument as defined under relevant laws, including the Swiss Collective Investment Schemes Act (CISA) or international equivalents;
grant, confer, or imply any legal, equitable, or financial rights, claims, or entitlements to digital assets (including Gajus), tokens, income, dividends, royalties, or any form of economic benefit derived from the Gajumaru Blockchain or QPQ's operations;
represent, imply, or involve any investment in, equity stake in, or participation in QPQ, its affiliates, or any related entities, and no such relationship or expectation shall arise;
provide or imply any ownership rights, equity interests, profit-sharing entitlements, voting rights, or governance participation in QPQ, the Gajumaru Blockchain, or any associated technology or assets;
constitute or involve participation in any collective investment scheme, common enterprise, or joint venture, and the Purchaser's activities are solely independent and at their own risk; or
guarantee, promise, warrant, or represent any financial returns, asset appreciation, or performance outcomes, as all such elements depend entirely on the Purchaser's independent efforts, market conditions, and blockchain protocols beyond QPQ's control.

The Purchaser expressly acknowledges and agrees that any perceived resemblance to prohibited activities shall not alter the software-only nature of this offering, and QPQ disclaims all liability for the Purchaser's misinterpretation or non-compliance with applicable laws. QPQ reserves the right to terminate the Software License immediately if, in its sole discretion, continued provision would expose QPQ to regulatory risk or liability.

3. Decentralised Network

The Gajumaru Blockchain employs a proof-of-work consensus mechanism that operates independently and without centralised issuance or control. For the avoidance of doubt, this mechanism is distinguished from any financial services or regulated activities in that:

mining rewards are generated automatically and exclusively by immutable blockchain protocols, without human intervention or discretionary distribution;
no natural person, legal entity, or centralised authority (including QPQ or its affiliates) acts as an issuer, creator, or guarantor of digital assets, as all asset generation occurs through decentralised, algorithmic processes;
computational contributions from users are recognised and rewarded directly by self-executing smart contracts embedded in the blockchain, with no involvement, oversight, or intermediation by QPQ; and
QPQ does not issue, mint, create, distribute, promise, guarantee, or otherwise endorse any financial returns, asset values, or economic benefits, as outcomes depend solely on the Purchaser's independent actions, equipment performance, and external market or network conditions beyond QPQ's control.

The Purchaser acknowledges that this structure ensures the Gajumaru Blockchain functions as a permissionless, decentralised network, and QPQ disclaims all liability for any claims alleging otherwise, including mischaracterisation as a financial service, security, or investment vehicle. QPQ reserves the right to terminate access if such mischaracterisation poses regulatory or legal risk to QPQ.

4. Regulatory Framework

The Gajumaru Blockchain is designed as a fully decentralised, permissionless network utilising a proof-of-work consensus mechanism, where no central authority—including QPQ—exercises control over asset issuance, transaction validation, or network governance. This inherent decentralisation ensures that the Gajumaru Blockchain and associated activities fall outside the scope of various regulatory frameworks typically applicable to centralised financial services or securities offerings. Specifically, Gajus are not issued, minted, or distributed by any natural person, legal entity, or intermediary such as QPQ. Instead, Gajus are generated solely through algorithmic blockchain protocols based on participants' independent computational contributions.

3. SOFTWARE LICENSE GRANT, DELIVERY AND SUPPORT

1. License Rights and Restrictions

a. Granted Rights

Upon successful payment, delivery, and activation of the Software License, you are granted a non-exclusive, non-transferable, revocable license to install and use the Mining Software on a single device solely for personal, non-commercial mining operations during the license term until the earlier of (a) twelve (12) months from the date of purchase or (b) the end of the Protected Mining Period, unless terminated earlier.

This license includes: (i) access to the Mining Software and all associated features, including executable programs, documentation, instructional videos, and/or other materials; (ii) performance optimisation services; (iii) technical support as specified in these Terms; and (iv) participation in the Mining Hive infrastructure and coordination services operated by QPQ to facilitate independent connection to the Gajumaru Blockchain.

b. Express License Limitations

The Software License does not grant, and you shall have no right to:

any ownership, title, or proprietary interest in the Mining Software, the Gajumaru Blockchain technology, or any related intellectual property, all of which remain exclusively with QPQ;
modify, adapt, reverse engineer, decompile, disassemble, or create derivative works based on the Mining Software or any part thereof;
distribute, sublicense, rent, lease, sell, resell, or otherwise commercially exploit the Mining Software;
any legal, financial, or equitable rights to digital assets (including Gajus), tokens, mining rewards, income, profits, or guaranteed returns, as all outcomes depend solely on your independent efforts and external factors beyond QPQ's control; or
use the Mining Software for any purpose other than the authorised mining activities described in these Terms, including but not limited to concurrent installations on multiple devices, pooling of resources with third parties, or any unlawful or unauthorised activities.

2. Protected Mining Period

Licensed users have exclusive mining access during the Protected Mining Period. Following the expiry of the Protected Mining Period, general mining access shall be open to all participants.

3. Software Delivery and Installation

a. Delivery Method

The Software is delivered through secure digital distribution including encrypted download packages with authentication verification. Access is provided through secure customer portal, with installation documentation and video tutorials included (technical specifications and system requirements are also provided).

b. Installation Requirements

Minimum system requirements for Software operation:

Compatible operating system (Windows 10+, macOS 10.15+, or modern Linux distribution);
RAM Requirements: Minimum 8GB RAM with a higher requirement for premium tiers as network contention increases. QPQ will publish updated hardware guidance on the website and community channels with 60-90 day advance notice to optimise performance;
Reliable broadband internet connection (minimum 1 Mbps);
At least 5GB available storage space for Software operation;
Modern processor with adequate computational capacity.

c. Activation Process

Software activation requires:

Valid License credentials provided after purchase Internet connectivity for initial authentication;
System verification to confirm single-machine installation;
Acceptance of final license terms during activation process;
License activation is required within specified timeframe to avoid expiry.

4. Technical Support and Assistance

Your Software License includes:

Step-by-step online guidance for Software installation and initial configuration, including any support from referring parties who have financial incentive to ensure successful activation;
Basic Troubleshooting: Help with common technical issues and software problems;
Documentation Access: Comprehensive user guides, FAQs, and technical documentation;
Software Updates: Regular updates and patches delivered automatically; and
Community Participation: Access to Gajumaru community channels, events, and discussion groups dedicated to advancing economic participation through decentralised technology.

5. Software Updates and Maintenance

a. Update Capabilities

The Software includes comprehensive update capabilities:

Security patches applied automatically for system protection;
Performance optimisations deployed regularly for efficiency improvements;
Protocol updates to maintain Gajumaru Blockchain compatibility;
Feature enhancements and user interface improvements;
Critical security vulnerability remediation;
Regulatory compliance and legal requirement changes;
Network protocol compatibility maintenance;
Mining Hive synchronisation and coordination.

b. Support Scope and Procedure

Technical support under these Terms is limited to matters relating to the operation of the Mining Software that are materially impacting upon mining operations.

Before contacting QPQ support, you should first seek assistance from (i) the person who introduced you to the Gajumaru Mining programme, and (ii) the community forums and support channels provided in your welcome communications.

QPQ support is available for issues that cannot be resolved through the channels described above and is provided by email only.

6. Support Limitations and Exclusions

Technical support does NOT include:

Hardware Support: Support for computer hardware, operating system, or network issues;
Third-Party Software: Support for third-party software, antivirus, or system utilities;
Performance Consulting: Consulting on hardware upgrades or system optimisation beyond basic guidance;
Mining Strategy: Advice on mining strategies, profitability analysis, or investment decisions.

4. SOFTWARE LICENSE PURCHASE AND LICENSE TIERS

1. License Tiers

Bundle	Price (CHF)	Licences	Max Gaju / Day
Gaju Samurai (100 × Shinjin + 10 free)	10,000	110	11,000
Gaju Sensei (50 × Shinjin + 5 free)	5,000	55	5,500
Gaju Jounin (25 × Shinjin + 2 free)	2,500	27	2,700
Gaju Chunin (10 × Shinjin + 1 free)	1,000	11	1,100
Gaju Genin (5 × Shinjin)	500	5	500
Gaju Shinjin (base licence)	100	1	100

2. Payment

a. Payment Methods

We accept payments through:

bank transfers in CHF and major currencies;
Bitcoin, Ethereum, and other approved cryptocurrencies; and
credit and debit card payment services, where available.

b. Denomination and Additional Fees

Payments shall be in CHF (Swiss Francs) and include all applicable taxes, tariffs, VAT, sales tax and government fees. Applicable fees will be calculated and applied during the payment process once the customer has registered and confirmed their email address or WhatsApp number.

3. Referral Commission

a. Commission Rate

Eligible licence holders may earn a referral commission of 33% of the list price (not any discounted price) on each licence sale made through their referral link. Commission accrues upon the buyer's activation of the Mining Software (i.e. first successful connection to the Mining Hive), not upon purchase.

b. Eligibility

To earn referral commissions, you must hold at least one activated Shinjin licence or token. Referral activities must comply with applicable advertising and marketing laws and must not involve the making of misleading claims about the Software or mining.

c. Payment Terms

Commissions become payable 30 days after the buyer's activation. Commission payments are made on the 25th day of the calendar month following the month in which payment is requested (or the next Swiss banking day if the 25th is not a Swiss banking day). The minimum draw-down is CHF 1,000. Commissions are tracked and paid in Swiss Francs, less any third-party charges and fees. Payments are subject to completion of any applicable KYC requirements.

d. Dashboard and Draw-Down

Accrued commissions are displayed in the Gaju Mining dashboard. You may request a draw-down from the dashboard once the minimum threshold is met.

e. Bespoke Referral Codes

You may create bespoke referral codes in the Gaju Mining dashboard that pass some or all of your 33% commission to the buyer as a discount. Bespoke codes may be configured with time and usage limits.

f. Commission Conversion to Licences

Upon the buyer's activation (when the commission first appears in your account), you may elect to convert accrued commissions into additional licences at a combined discount of 38% off the list price (being the 5% QPQ discount plus your 33% commission on the face value).

g. Non-Contractual Benefits

From time to time, QPQ may in its sole discretion offer free licences, promotional incentives, recognition awards, leaderboard prizes, or other benefits to licence holders or prospective purchasers. Any such benefits are discretionary gifts from QPQ and carry no contractual force whatsoever unless and until QPQ has expressly confirmed in writing that a specific benefit has been enacted and is binding. No announcement, plan, programme description, or communication by QPQ regarding intended or planned benefits shall give rise to any contractual right, entitlement, or legitimate expectation on the part of any licence holder or other person. QPQ may withdraw, modify, or discontinue any such benefit at any time without notice or liability.

h. Variation

QPQ reserves the right to modify the commission rate, payment terms, or any other aspect of the referral programme at any time by giving not less than 30 days' notice, which may be given by any reasonable means including website announcement or newsletter.

5. USAGE RESTRICTIONS

1. Restrictions

a. Authorised Usage

Software is for personal use and may only be used for mining operations on up to ten devices per License in authorised Mining Hive operations and to provide computational support to Gajumaru Blockchain network. Total mining capacity remains capped at the licensed tier level regardless of the number of devices used.

b. Multi-Device Installation

Each License permits installation on up to ten devices for redundancy purposes. Total mining capacity remains capped at the licensed tier level regardless of the number of devices used. License restrictions are enforced through technical controls and monitoring. Accordingly, violations shall result in immediate and permanent license revocation.

c. Prohibited Technical Activities

You are expressly prohibited from bypassing technical limitations or security measures, decompiling, disassembling, or reverse engineering Software code or altering, modifying, or creating derivative works from the Software.

d. Distribution

Distributing, sharing, or making Software available to third parties is prohibited.

e. Commercial Use

Using Software for commercial purposes beyond authorised mining is prohibited.

f. Unauthorised Use

You may not use the Software or any License for any illegal, fraudulent, criminal, abusive, exploitative, harmful, harassing or threatening means or motives.

g. Anti-Gaming and System Integrity

You are prohibited from deploying dummy miners, simulated work, or any other attempts to game, cheat or circumvent the mining verification system. QPQ monitors mining productivity and reserves the right to investigate non-productive licenses. Any deliberate attempt to cheat or game the smart contract system, as determined by QPQ in its sole discretion, will result in license termination after a thirty-day warning period, except in cases of serious violations which may result in immediate termination without notice.

2. Operational Compliance Requirements

You are responsible for:

Maintaining current and secure operating system installations;
Regular installation of critical security updates and patches;
Proper care and maintenance of mining hardware equipment;
Secure internet connections and protection against malware.

3. License Enforcement

Violation of License consequences include but are not limited to:

automatic and irreversible deactivation of Software access and functionality;
suspension of user account and platform access;
potential legal action;
no refunds payable;
no right to license restoration or replacement;
loss of all accumulated mining opportunities and benefits.

6. MINING OPERATIONS FRAMEWORK

1. Mining Hive System

The Mining Software operates through a coordinated Hive system with the following features:

QPQ-Operated Mining Hives: QPQ operates Mining Hives that coordinate client miners;
Distributed Work Assignment: Mining Hives distribute mining puzzles to all connected participants;
Solution Coordination: Mining solutions are submitted through Mining Hives to the Gajumaru Blockchain;
Automated Reward Distribution: Smart contracts distribute rewards to verified active participants.

2. Hive Competition Structure

As the mining network develops, several Mining Hives compete for mining rewards based on computational capacity and QPQ may authorise additional Hive operators to prevent centralisation. Hive performance is monitored to maintain fair competitive balance. This structure prevents domination by large commercial mining operations.

3. Limited QPQ Control

QPQ has no control over the Gajumaru Blockchain itself meaning that QPQ:

cannot modify blockchain protocols, consensus rules, or core functionality;
cannot prevent, reverse, or modify blockchain transactions;
cannot control transfer, holding, or use of Gaju tokens.

4. Computational Contribution System

a. Fixed Contribution Rates

Each License includes a predetermined contribution capacity whereby contribution rate is fixed at time of License purchase and remains constant throughout the entire term of the License. Maximum daily contribution varies by License Tier, system uptime and software activation. Rates may not be subject to modification or adjustment.

b. Contribution Calculation Factors

Your actual mining participation depends on various factors including:

System Uptime: The amount of time your machine is online and running the mining software in every 24-hour period;
Hardware Capability: Your machine's ability to meet the requirements for your License Tier as published by QPQ; and
Participation: Your fulfilment of the participation verification requirements set out in 7.1(c) below.

7. GAJU MINING REWARDS AND DISTRIBUTIONS

1. Blockchain-Based Reward System

a. Smart Contract Reward Distribution

Mining rewards are distributed through automated blockchain Smart Contracts. All rewards originate directly from Gajumaru Blockchain mining protocols and contracts automatically verify active mining participation. Reward distribution is entirely automated and algorithmic. QPQ does not issue, create, distribute, or guarantee any rewards.

b. Gajus

Users receive Gajus automatically based on their computational contributions as verified by the Gajumaru Blockchain. QPQ does NOT intermediate, control, custody, or handle any Gajus.

c. Participation Verification Requirements

To qualify for Smart Contract reward distribution:

the Software must be online and responsive during mining periods;
you must provide contracted computational capacity and meet all technical and operational requirements; and
the system must acknowledge and respond to mining work requests.

d. Reward Distribution Process

Smart Contract confirms successful mining puzzle solution and identifies all active contributors to the solution, distributing rewards based on verified contributions automatically without human intervention.

2. Software License Scope

The Software License fee paid to QPQ is exclusively for the right to use the Mining Software, technical support and updates through the end of the Protected Mining Period, access to the Mining Hive coordination infrastructure, and participation in the Protected Mining Period. The Software License fee is not payment for Gajus or any other digital assets, any right to receive specific mining rewards, any guaranteed mining outcomes, or any investment or financial return.

3. Mining Reward Factors

Your actual mining rewards depend entirely on your computational contribution to successful block mining, the total network hash rate and mining difficulty, system uptime and consistent operation, blockchain protocol rules and smart contract logic, and proper configuration and operation of the Software.

4. No QPQ Control Over Rewards

QPQ cannot guarantee that any mining rewards will be received, cannot control the amount or timing of rewards, cannot reverse, modify, or redirect blockchain distributions, does not promise any specific return on your license purchase, and has no obligation to ensure mining profitability.

5. Tax Treatment of Mining Rewards

Tax treatment of mining activities and rewards varies by jurisdiction. You are solely responsible for determining your tax obligations in consultation with qualified tax professionals. QPQ provides no tax advice and makes no representations regarding tax treatment.

8. TECHNICAL REQUIREMENTS AND PERFORMANCE

1. Minimum Hardware Specifications

a. Operating System Requirements

Windows 10 (64-bit) or newer;
macOS 10.15 (Catalina) or newer;
Modern Linux distribution (Ubuntu 18.04+, CentOS 7+, or equivalent).

b. Hardware Requirements

RAM: Minimum 8GB, with higher requirements for premium tiers based on network contention (see Section 3.3(b)(ii));
Processor: Modern multi-core CPU with 64-bit support;
Storage: Minimum 5GB available disk space (SSD recommended but not necessary);
Network: Reliable broadband internet connection (minimum 1 Mbps sustained).

2. Recommended Specifications for Optimal Performance

RAM: 64GB DDR5 or more for Premium tier licenses;
Processor: High-performance multi-core CPU optimised for memory-bound operations;
Storage: Fast SSD with 5GB+ available space;
Network: High-speed fiber internet connection (1+ Mbps); and
Power Supply: Uninterruptible Power Supply (UPS) for continuous operation.

3. Software Compatibility and Dependencies

Software operation requires:

Network Connectivity: Unrestricted internet access for Hive communication;
Firewall Configuration: Proper firewall settings allowing Software network access;
Administrator Rights: Installation and operation privileges on target system; and
Security Software: Compatible antivirus/security software that doesn't interfere with mining operations.

4. Performance Dependencies and Limitations

Mining performance depends on hardware quality, internet connection, power supply and system maintenance.

Mining effectiveness is influenced by overall network mining difficulty and competition levels, performance and efficiency of Mining Hive infrastructure, Gajumaru Blockchain network traffic and processing capacity and network latency and connection quality to Hive servers.

5. User Responsibility for Performance

You are solely responsible for choosing appropriate hardware for desired performance levels, optimising system configuration for mining operations, regular maintenance and monitoring to ensure optimal performance.

9. INTELLECTUAL PROPERTY RIGHTS

1. QPQ Intellectual Property Ownership

All intellectual property rights in and to the following remain exclusively owned by QPQ:

Mining Software source code, algorithms, and executable programs;
Gajumaru Blockchain protocol and consensus mechanism implementations;
Cuckoo Cycle mining algorithm optimisations and enhancements;
Mining Hive coordination and management systems;
Technical documentation, user guides, and instructional materials;
Educational content, tutorials, and training resource;
Marketing materials, presentations, and promotional content;
Research, development notes, and technical specifications;
Gajumaru name, logo, and associated trademarks;
QPQ corporate identity and branding elements;
Product names, service marks, and commercial identifications; and
Visual design elements, user interface designs, and graphical assets.

2. No Transfer of Ownership Rights

Your software license does NOT provide:

ownership rights in Software or related intellectual property;
the right to use or exploit any intellectual property belonging to QPQ beyond Software operation;
the right to sublicense, sell, or transfer any intellectual property rights or associated rights of QPQ;
the right to commercially exploit or monetise QPQ intellectual property;
the right to download, archive, reproduce, distribute, copy, modify, display, publish, create derivative works from the Software (except as expressly permitted);
the right to use or distribute the Software in any way or to any country or jurisdiction where doing so would be contrary to any laws or regulations or subject us to any registration or compliance requirements.

3. Confidentiality and Trade Secrets

You acknowledge that certain Software components constitute trade secrets and accordingly you shall handle subject to strict confidentiality requirements.

You shall not use QPQ's confidential information for any purpose other than for strictly abiding by your obligations under these Terms. Accordingly, you agree to keep information concerning the business, affairs, finances, contracts, customers, clients, personnel or suppliers of QPQ strictly confidential except when it's necessary to disclose it pursuant law, regulation or a court of competent jurisdiction or other regulatory authority.

4. What you grant to QPQ

You grant us a fully paid-up, worldwide, perpetual, non-exclusive, royalty-free, transferable licence to use, copy and modify the data and materials you provide to us for the term of the License for the purpose of providing the License to you.

10. WARRANTIES AND REPRESENTATIONS

1. QPQ

a. AS IS DISCLAIMER

THE SOFTWARE, SERVICES, AND ALL ASSOCIATED MATERIALS ARE PROVIDED STRICTLY "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES WHATSOEVER.

b. Authority to Make Representations

No employee, agent, or representative of QPQ has authority to make any representation or warranty. Any statement not explicitly in these Terms is unauthorised and should be disregarded.

c. Specific Warranty Disclaimers

QPQ specifically disclaims all warranties (express of implied) including but not limited to:

Merchantability: No warranty that Software is suitable for commercial purposes, will function or achieve any results;
Fitness for Purpose: No warranty that Software meets your specific requirements or expectations;
Non-Infringement: No warranty against intellectual property infringement claims;
Accuracy: No warranty regarding accuracy of information, data, or mining calculations;
Security: No warranty regarding security, accuracy or reliability;
Uninterrupted Service: No warranty of continuous, uninterrupted, or error-free operation or that defects will be corrected.

d. NO PERFORMANCE GUARANTEES

QPQ specifically disclaim warranties regarding:

Mining efficiency, speed, or computational performance;
Amount, timing, or value of mining rewards or Gaju acquisition;
Gajumaru Blockchain performance, availability, or transaction processing;
Profitability: Mining profitability, return on investment, or economic outcomes;
Compatibility with all hardware configurations or operating environments;
Cryptocurrency market conditions, price movements, or trading activities;
Payment processors, internet service providers, or other third-party services; and
Regulatory changes, government actions, or legal developments.

2. User

a. Capacity and Authority Representations

You represent and warrant that:

You are at least 18 years of age;
You have full legal capacity and authority to enter into these Terms;
You have obtained all necessary consents, certifications, approvals, and authorisations to agree to these terms, purchase a License and conduct mining activities;
You are not subject to legal, regulatory, judicial or contractual restrictions preventing participation in mining activities.

b. Compliance and Accuracy Warranties

You warrant that:

All information provided to QPQ is accurate, truthful, complete, and current;
You will comply with all applicable laws, rules, regulations, and legal requirements or requests (including those of any court or regulatory authority);
You will use Software only for lawful and legitimate mining purposes;
You will comply with these Terms.

c. Technical and Operational Representations

You represent that you:

Possess adequate technical knowledge to install and operate Software;
Have appropriate hardware and network infrastructure for Software operation;
Can maintain and secure your mining system according to requirements;
Understand the risks outlined in paragraph 11.

d. Acknowledgement

You acknowledge that:

This is experimental, untested technology that may not function;
No testing or validation can ensure proper operation;
Complete failure is possible and should be expected;
No remedy exists of the Software fails to function.

11. RISK DISCLOSURE AND DISCLAIMERS

1. Risk Acknowledgement

You acknowledge and accept that participation in blockchain mining involves significant inherent risks including but not limited to:

Potential software vulnerabilities, bugs, or system failures affecting operation;
Blockchain network congestion causing transaction delays or failures;
Changes to Gajumaru Blockchain protocols affecting compatibility or performance;
Hacking attempts, malware, or other cybersecurity vulnerabilities;
Potential loss of mining data, wallet information, or operational records;
Computer hardware failures, overheating, or component degradation;
Electrical outages, power surges, or inadequate power supply capacity;
Network outages, connection instability, or bandwidth limitations;
Temperature, humidity, or physical environmental impacts on equipment;
No guarantee of mining rewards, profitability, or positive returns;
Mining difficulty increases requiring more computational power over time;
Need for hardware upgrades to maintain competitive mining capability;
Increasing competition from other miners affecting reward distribution;
Variations in blockchain network performance affecting mining effectiveness;
Electricity, cooling, maintenance, and other ongoing operational expenses;
Cryptocurrency values being subject to extreme and unpredictable price fluctuations;
Potential lack of market liquidity affecting ability to exchange or trade assets;
General economic conditions affecting cryptocurrency markets and adoption;
Risk of loss in purchasing power due to inflation or currency devaluation;
Potential market manipulation by large holders or coordinated groups;
Rapidly evolving laws and regulations regarding cryptocurrencies and mining;
Possible prohibition or restriction of mining activities in certain jurisdictions;
Complex and changing tax treatment of mining activities and rewards;
Legal complications arising from international nature of blockchain networks;
Potential government enforcement actions against cryptocurrency activities;
Possible penalties or sanctions for non-compliance with applicable regulations; and
Lack of clear legal precedents for blockchain technology and mining activities.

2. Jurisdictional Risks

Some jurisdictions may prohibit or restrict mining activities. You are responsible for compliance with laws in your jurisdiction and will consult with local legal and tax professionals for jurisdiction-specific guidance.

3. Financial and Investment Risk Disclaimers

Nothing provided through Software, services, or communications constitutes investment, professional, commercial or financial advice, recommendations guidance or predictions. QPQ does not guarantee returns, profit projections, or performance predictions and you acknowledge that capital may be at risk, and you may not have any possibility of compensation or suitable insurance coverage.

4. Assumption of Risks

By purchasing Software license(s) and participating in mining activities, you expressly assume all risks associated therewith.

5. Independent Decision-Making Requirements

You acknowledge and agree that you are making independent decisions based on your own analysis and that you have conducted appropriate due diligence and risk assessment. You confirm that you fully understand the risks and potential consequences of participation and accordingly are not relying on QPQ representations.

12. LIMITATION OF LIABILITY

1. Liability Cap

To the maximum extent permitted by applicable law, QPQ's total aggregate liability to you for any and all claims, damages, losses, or causes of action arising from or relating to these Terms, the Software license, your use of Software or mining services, any breach of contract or warranty claims or any negligence or other tort claims shall not exceed the total amount you have actually paid to QPQ for Software licenses in the twelve (12) months immediately preceding the claim.

2. Time Limitations on Claims

All claims must be commenced within one (1) year after the date the cause of action accrued.

3. Excluded Liability Categories

To the maximum extent permitted by law, QPQ shall not be liable for any indirect, consequential or special damages including but not limited to the following:

Lost profits, revenue, or business opportunities;
Loss of business goodwill or reputation;
Loss of anticipated savings or expected benefits;
Cost of substitute services or replacement equipment;
Incidental damages arising from software use or mining activities;
Special damages unique to your particular circumstances;
Punitive, exemplary, or enhanced damages;
Reliance damages from dependence on our statements or services;
Loss of potential mining rewards or opportunities;
Fluctuations in Gaju or cryptocurrency values;
Losses due to mining competition or network difficulty changes;
Costs of hardware upgrades, replacements, or improvements;
Electricity, cooling, maintenance, or other operational costs.

4. Independent Contractor Relationship

Nothing in these Terms shall create an employment, partnership or joint venture relationship. You operate as independent contractor and not employee or agent of QPQ and you shall have no authority to bind QPQ or its representatives.

13. INDEMNIFICATION

You agree to indemnify, defend, and hold harmless QPQ, its affiliates, subsidiaries, parent companies, officers, directors, employees, agents, contractors, licensors, and representatives (collectively, the "Indemnified Parties") from and against any and all legal proceedings, costs, claims, expenses, damages and losses (including but not limited to any direct, special, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other professional costs and expenses) arising out of or in connection with:

Misuse or unauthorised use, modification, or distribution of Software;
Breach of these Terms;
Violation of intellectual property restrictions or License limitations;
Use of Software for illegal, fraudulent, harmful, criminal, nefarious or prohibited purposes;
Violation of applicable laws, regulations, sanctions, tax obligations or government requirements;
Infringement of third-party intellectual property rights.

14. COMPLIANCE AND REGULATORY REQUIREMENTS

1. Identification and Verification Requirements

You agree to promptly provide and submit any identification documentation, personal information, or other compliance materials lawfully required by QPQ or its authorised third-party verification providers in accordance with applicable anti-money laundering (AML), know-your-customer (KYC), or counter-terrorism financing (CTF) regulations. QPQ reserves the right to monitor, update, or amend its compliance policies at any time to align with evolving legal standards, and you shall comply fully and truthfully with all such requests. Failure to do so may result in immediate suspension or termination of your Software License without refund or liability to QPQ.

2. Sanctions and Export Control Compliance

You represent, warrant, and covenant that you are not, and will not become during the term of these Terms, (i) listed on any sanctions or restricted party lists maintained by the Swiss State Secretariat for Economic Affairs (SECO), the European Union (EU Common Foreign and Security Policy lists), the United States Office of Foreign Assets Control (OFAC), the United Nations Security Council, or equivalent authorities; (ii) located, organised, or resident in any sanctioned jurisdiction (e.g., Crimea, Cuba, Iran, North Korea, Syria, or regions of Ukraine under Russian control); or (iii) engaged in any transactions, activities, or dealings prohibited under applicable sanctions regimes. Furthermore, you warrant that you will not export, re-export, transfer, or otherwise make available the Software or any related technology to prohibited countries, entities, or individuals in violation of export control laws or Swiss export controls. Any breach of this section shall constitute a material default, entitling QPQ to immediate termination and potential reporting to authorities, with no liability to QPQ.

3. Tax Compliance and Reporting Obligations

You are solely responsible for identifying, calculating, reporting, and fulfilling all tax obligations arising from your purchase, use of the Software License, participation in mining activities, or receipt of any Gajus or rewards, including but not limited to income tax, capital gains tax, value-added tax (VAT), or goods and services tax (GST) in your jurisdiction. QPQ provides no tax advice, calculations, or reporting assistance, and you acknowledge that tax treatment may vary (e.g., Gajus as capital assets in Switzerland or income in the U.S.). You should consult independent tax professionals. QPQ disclaims all liability for your tax non-compliance or any resulting penalties.

4. Prohibited Persons and Jurisdictions

You represent and warrant that you are not: (i) located in or a resident of a jurisdiction where cryptocurrency mining, blockchain participation, or related activities are prohibited or restricted (e.g., China, Algeria, or certain U.S. states with energy consumption bans); (ii) subject to any sanctions, asset freezes, or financial restrictions; (iii) under 18 years of age or lacking full legal capacity to contract; or (iv) acting on behalf of any prohibited person or entity. If any such prohibition applies, you must not purchase or use the Software, and QPQ may terminate your access immediately upon discovery, without notice or refund.

5. Compliance Acknowledgments

You acknowledge and agree that: (i) QPQ has not sought or obtained any regulatory approvals, licenses, or exemptions for this offering beyond Swiss compliance requirements; (ii) regulatory authorities in any jurisdiction may deem your participation or this offering to violate applicable laws, potentially exposing you to civil, administrative, or criminal penalties; (iii) QPQ will fully cooperate with any regulatory inquiries, investigations, or subpoenas, including disclosure of your identity, transaction details, or other information as required by law; and (iv) QPQ assumes no responsibility for ensuring the legality of your participation in your jurisdiction.

6. Jurisdiction-Specific Disclaimers

Switzerland

This offering falls outside the scope the Financial Services Act (FinSA), the Financial Institutions Act (FinIA), and Anti-Money Laundering Act (AMLA), as it is framed as a pure software license without financial intermediation, custody, or investment elements. QPQ is not a licensed financial institution under the Swiss Banking Act or FINMA oversight, and no FINMA approval has been sought. You acknowledge that Swiss authorities (e.g., FINMA) may reclassify activities, and QPQ disclaims liability for any such determinations.

European Union

This offering is not regulated under the Markets in Crypto-Assets Regulation (MiCA) (Regulation (EU) 2023/1114), as QPQ does not qualify as a Crypto-Asset Service Provider (CASP) and provides no issuance, custody, trading, or advisory services for crypto-assets. No MiCA whitepaper has been published or approved by any competent authority (e.g., ESMA or national regulators like BaFin or AMF). You have no MiCA protections, and additional national rules (e.g., gold-plating in Germany or France) may impose restrictions. If you are an EU resident, you participate at your own risk, and QPQ disclaims all liability.

United Kingdom

This is not a regulated activity under the Financial Services and Markets Act 2000 (FSMA) or Financial Conduct Authority (FCA) rules, including as a financial promotion (section 21 FSMA) or cryptoasset service. No FCA authorisation or approval has been obtained, and UK consumers have no recourse to the Financial Ombudsman Service (FOS) or Financial Services Compensation Scheme (FSCS).

United States

This offering is not registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933 or Securities Exchange Act of 1934 and does not constitute an "investment contract" under the Howey test (SEC v. W.J. Howey Co., 328 U.S. 293 (1946)), as there is no common enterprise, no expectation of profits from QPQ's efforts, and outcomes depend solely on your independent actions. If you are a U.S. person, you warrant you are not relying on QPQ for profits and acknowledge potential SEC scrutiny or state-level restrictions. No CFTC commodity rules apply, as no derivatives or leveraged products are involved. QPQ disclaims all liability, and U.S. users participate at their own risk.

15. CANCELLATION AND REFUND POLICY

1. Consumer Right of Withdrawal

You have the legal right to cancel your License purchase within 14 calendar days of purchase completion without providing any specific reason. This right applies only if Software has NOT been installed and activated and you must provide clear written statement of cancellation intent to info@gajumaru.com including the order number, account details, and purchase information. Subject to compliance with the foregoing, you will be reimbursed within 14 days of such valid request being received. Reimbursement will be made using the same payment method used for the original transaction. Any fees incurred by QPQ from their own financial institution for receiving the reimbursement are your responsibility.

2. No Refunds or partial refunds after Software Activation

Definition of "Software Activation" is when any of the following occurs:

Successful installation of Software on user device;
Initial use of License credentials to access Software functionality;
Beginning of mining operations or Hive connectivity;
Registration of Software installation with Gajumaru network infrastructure.

You acknowledge that Software Activation constitutes complete and irrevocable waiver of refund rights.

You acknowledge that upon Software Activation, the License becomes permanent and non-refundable.

3. Cryptocurrency Payment Refund Exclusion

Notwithstanding any other provision in these Terms, any Software License purchase made using cryptocurrency payment methods (including but not limited to Bitcoin, Ethereum, or any other digital assets) shall be ineligible for any refund, partial refund or cancellation under any circumstances.

4. Force Majeure

QPQ shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, pandemic, strikes, or shortages of transportation, facilities, fuel, energy, labor, or materials.

16. TERM, TERMINATION AND LICENSE REVOCATION

1. License Term and Duration

All Licenses are valid and effective from date of successful License activation and software installation until the earlier of (a) twelve (12) months from the date of purchase or (b) the end of the Protected Mining Period, unless terminated earlier in accordance with this clause. There shall be no automatic renewal or extension beyond the specified term.

2. Voluntary Termination by You

You may voluntarily terminate your License or request closure of your user account and/or cessation of services at any time by providing written notice to us.

Your License remains technically valid until the end of the Protected Mining Period, but access to technical support and other services shall be terminated.

3. Termination and License Revocation by QPQ

a. Immediate Termination for Cause

QPQ may immediately terminate licenses and revoke Software access without prior notice upon:

Your violation of single-device installation restriction or other usage limitations;
Your unauthorised modification, reverse engineering, or circumvention of Software protections;
Your fraudulent, unlawful or negligent representations, document forgery, or deceptive practices in transactions;
Your payment-related violations;
Your failure to provide required verification documents or false information;
Your breach of applicable laws, rules, sanctions or regulatory requirements.

b. Termination with Notice

QPQ may terminate Licenses with thirty (30) days' written notice.

4. Consequences and Effects of Termination

a. No Refunds

In no circumstance does termination or revocation of software licenses entitle you to any refund, partial refund or pro-rata refund.

b. Data Retention

Data may be retained as required by applicable law, regulation, or legitimate business needs.

c. Automatic License deactivation

Software Licenses will be automatically deactivated upon termination, user account may be suspended and Mining Hive access and coordination services shall terminate.

d. Surviving Obligations and Rights

Termination or expiry shall not affect any of the rights, remedies, obligations or liabilities of QPQ that have accrued up to the date of termination or expiry, including the right to claim damages in respect of any breach of the Terms which existed at or before the date of termination or expiry.

17. DISPUTE RESOLUTION

1. Governing Law and Jurisdiction

These Terms and all disputes arising out of or in connection therewith are governed by and construed in accordance with the laws of Switzerland, which applies without regard to Swiss conflict of law principles that might otherwise apply.

Any disputes, controversies, claims, or legal proceedings arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the competent courts of the Canton of Schwyz, Switzerland.

By accepting these Terms, you irrevocably submit to the personal and subject matter jurisdiction of Swiss courts and waive any objections to jurisdiction or venue in Schwyz, Switzerland.

2. Mandatory Preliminary Dispute Resolution

Before initiating any formal legal proceedings, both Parties must attempt to resolve disputes through good faith negotiations.

3. Alternative Dispute Resolution

Either Party may propose mediation as alternative to litigation. Mediation shall take place through Swiss Chambers' Arbitration Institution (SCAI) or similar recognised institution and be subject to the Swiss Rules of International Arbitration. The number of arbitrators shall be three and the language of proceedings shall be in English.

18. GENERAL LEGAL PROVISIONS

1. Entire Agreement

These Terms, together with any additional documents expressly incorporated by reference (including Privacy Policy and technical specifications), constitute the entire and exclusive agreement between you and QPQ regarding software license purchases and related services and supersede and replace all prior or contemporaneous oral or written negotiations, discussions, communications (including marketing materials), arrangements, understandings or agreements relating thereto.

2. No Reliance Declaration

You expressly acknowledge and agree that You are relying solely on the representations, warranties, and agreements expressly set forth in these Terms and you are not relying on any external representations, promises, or inducements not contained herein. Furthermore, marketing materials and promotional communications are for informational purposes only and do not modify these Terms.

3. Amendment and Modification Procedures

QPQ reserves the right to modify these Terms at any time.

Your continued use of Software after modifications to the Terms constitutes acceptance of the revised Terms.

4. Severability

If any provision of these Terms is determined by a court of competent jurisdiction to be invalid, illegal, or unenforceable all remaining provisions remain in full force and effect. Accordingly, invalid provisions shall be deemed severed from Terms without affecting the remainder, and such remaining terms shall be interpreted to preserve original intent and commercial purpose.

5. Assignment and Transfer Rights

a. Your Assignment Restrictions

You may not assign, transfer, delegate, or otherwise dispose of these Terms or any rights or obligations hereunder.
Any assignment requires QPQ's prior written consent, which may be withheld in sole discretion.
Unauthorised assignments are void and of no effect and shall constitute a material breach of these Terms.

b. QPQ Assignment Rights

QPQ may freely assign or transfer these Terms and all rights and obligations to any affiliate, subsidiary, or parent company of QPQ; successors in business operations or asset purchases; entities involved in merger, consolidation, or acquisition transactions; and third parties in connection with sale of business or assets.

6. Waiver and Reservation of Rights

a. No Waiver

QPQ's failure to exercise or enforce any right or provision of these Terms does not constitute waiver. Waivers effective only when made in writing and signed by QPQ authorised representative. Each waiver applies only to specific instance and does not waive future or other violations.

b. Reservation of Rights

QPQ reserves all rights not expressly waived in writing. All rights and remedies available to QPQ are cumulative and may be exercised concurrently or separately. Exercise of one remedy does not preclude exercise of other available remedies. QPQ may seek both legal damages and equitable relief simultaneously. Exercise of rights under Terms does not waive other contractual or legal rights. Rights may be exercised repeatedly and successively as circumstances warrant.

c. Equitable Relief Authorisation

You acknowledge that any actual or threatened breach of these Terms may cause irreparable harm to QPQ for which monetary damages are inadequate. Accordingly, QPQ is entitled to seek injunctive relief and specific performance without proving damages in addition to all other legal remedies.

7. Notices and Communications

Any notice given to a Party under or in connection with these Terms shall be in writing in the English language and shall be delivered by:

e-mail (at an address reasonably agreed or used between the Parties), which shall be deemed to have been received at the time of transmission;
hand, which shall be deemed to have been received on signature of a delivery receipt or at the time the notice is left at the proper address;
by pre-paid first-class post or other next working day delivery service at the registered office of a Party, which shall be deemed to have been received at 9.00 am on the second business day after posting or at the time recorded by the delivery service.

8. Language and Translation

a. Authoritative Language

These Terms are originally prepared, negotiated, and executed in English language which is the authoritative and controlling language for all purposes. Any translations provided are for convenience only and have no independent legal effect or binding authority.

b. User Language Acknowledgment

By accepting these Terms, you acknowledge that you have adequate English language comprehension to understand these Terms and have obtained professional translation assistance if needed.

CONTACT INFORMATION

Corporate and Legal Information: QPQ IaaS AG, Registration Number: CHE-242.519.378, Registered Office: Allmeindstrasse 17, 8840 Einsiedeln, Switzerland

Referrals:referrals@gajumining.com

Website:https://qpq.swiss

ACKNOWLEDGMENT AND ACCEPTANCE

By purchasing a License, installing the Software, or using any related services, you acknowledge that:

You have carefully read and fully understand these Terms in their entirety;
You agree to be legally bound by all provisions, restrictions, and obligations contained herein;
You understand and accept all risks associated with blockchain mining and cryptocurrency activities;
You are making independent decisions based on your own analysis and risk assessment;
You have full legal authority and capacity to enter into this binding agreement;
You will comply with all applicable laws, rules and regulations in your jurisdiction;
You are not relying on any representations, warranties, or agreements beyond those expressly stated in these Terms.

These Terms are effective as of your first software License purchase, installation, or activation, whichever occurs first.