Revised General Terms & Conditions for the Purchase of Gajumaru Software Bundles

Updated: 6th June 2025

Preamble: Objectives and Legal Framework

QPQ IaaS AG provides software bundles under these Terms and Conditions to enable users to independently contribute computational capacity to the Gajumaru blockchain. This offering is strictly limited to the sale and support of software licenses and does not constitute the offering of financial products, securities, investment contracts, or custodial services.

These Terms and Conditions are structured to:

  • Clearly define the software license as a standalone commercial product;

  • Prevent any implication of pooled mining, reward distribution, or token issuance;

  • Establish that users acquire Gajus voluntarily and optionally at a price per Gaju related to QPQ IaaS AG ‘Hive’ operational costs, without income attribution;

  • Avoid inappropriate regulatory triggers under Swiss, EU, U.S., and international law (including VASP, MiCA, MiFID, SEC tests);

  • Ensure compliance and tax clarity by framing Gajus as capital assets, not rewards;

  • Maintain user independence and avoid any fiduciary or custodial obligations by QPQ IaaS AG;

  • Apply KYC measures only if and when lawfully required by a competent authority.

These provisions are intended to protect the legal and operational integrity of both QPQ IaaS AG and its users, while ensuring transparent and compliant access to Gajumaru blockchain participation.

1. Purpose

These General Terms & Conditions (“GTCs”) govern the purchase of Gajumaru software and supporting service bundles (“Bundle(s)”) by the purchaser (“Purchaser”) from QPQ IaaS AG (“Owner”), a Swiss Corporation, CHE-242.519.378, Industriestrasse 47, 6300 Zug, Switzerland. QPQ IaaS AG provides downloadable mining software with integrated performance optimisation and support, enabling participation in the Gajumaru blockchain. This license does not grant any legal or financial rights to digital assets, tokens, or income.

2. Software License and Delivery

Purchaser is granted a non-exclusive, limited, and non-transferable license to use the Software associated with the Bundle. Software includes executable programs and documentation. The license is supported with performance optimisation and technical support by QPQ IaaS AG through December 31, 2026.

3. Independent Operation and Non-Custodial Design

The Software operates independently on Purchaser’s equipment. It facilitates connection to a network node (Mint Leader) on the Gajumaru blockchain. QPQ IaaS AG does not pool computational resources, distribute mining rewards, or hold digital assets on behalf of Purchaser. Users independently contribute work and may have the opportunity to purchase digital assets through a predefined protocol.

4. Intellectual Property

Ownership of all intellectual property rights remains with Owner. No transfer of ownership is implied or granted. The license is limited to intended use only.

5. Usage Restrictions

Software is limited to installation on a single machine. Modification, reverse-engineering, resale, or concurrent multiple installations are prohibited.

6. Revocation of License

Failure to comply with these GTCs will result in automatic revocation of the license and may disable access to the Software.

7. Fees and Payment

The license fee is exclusively for the use of the Software and associated services. It shall not be construed as an investment in, or entitlement to, any financial interest, equity, revenue, or digital assets. The purchase of the Software does not represent a contribution to a common enterprise or pooled effort, and no profits or returns are promised or expected from the efforts of QPQ IaaS AG or any other party.

8. Disclaimers and Limitation of Liability

The Software is provided “as is” with no guarantees. Liability is limited to the amount paid for the license. No claim for lost profit or indirect damage is accepted.

9. Cancellation and Refund Policy

The Purchaser has the right to cancel the Purchase within 14 days of making the Purchase without giving any reason for doing so, provided that the Software has not been installed and activated. In order to exercise the right of cancellation, the Purchaser must inform the Owner of the decision by means of a clear statement by email to: info@gajumaru.com.

Upon receipt, and provided that the Software has not been activated, the Owner will reimburse the Purchaser within 14 days. Reimbursement will be made using the same payment method used for the original transaction. Any fees incurred by the Purchaser from their own financial institution for receiving the reimbursement are the responsibility of the Purchaser.

10. Fixed Contribution Rate and Monthly Purchase Opportunity

Each license tier includes a fixed, predefined daily computational contribution rate (e.g., number of Gajus per day). This rate is determined at the time of purchase and does not change over the duration of the software license term. Users may contribute continuously, and their opportunity to purchase Gajus each month is derived from:

  • The fixed contribution rate of their license;
  • Their system uptime and software activation;
  • The number of days in each calendar month.

11. Purchase Price of Gajus Coins

The price per Gaju is determined by reference to the advised cost of QPQ IaaS AG Hive operations, divided by the number of Gajus the Hive mined in the period with assistance from drone miners, guided to be in the region of CHF 0.00001 per Gaju for the duration of the Program. Users may exercise their opportunity to purchase through a designated smart contract within a limited period following each month. No automatic distribution of Gajus will occur.

12. Expiry of Purchase Opportunity

The opportunity to acquire Gajus under each monthly contribution period expires 60 days following the close of that month. If not exercised by the Purchaser within that period, the opportunity is deemed forfeited and QPQ IaaS AG may reclaim or reassign the relevant Gajus at its sole discretion. No compensation or carryover applies.

13. Tax and Legal Responsibility

Purchasers are solely responsible for any tax obligations arising from their activities. QPQ IaaS AG provides no tax, legal, or financial advice and assumes no liability for user compliance. Gajus acquired under the Program are considered capital assets acquired via purchase.

14. Equipment and Performance Requirements

Performance and outcomes depend on Purchaser’s equipment and internet connectivity. No guarantee is made regarding the ability to qualify for the purchase of Gajus coins. Contribution is logged based on actual uptime and throughput.

15. Warranties and Representations

Owner warrants it holds necessary rights to license the Software. No warranties are made as to outcomes, earnings, or system performance.

16. Term and Termination

These GTCs apply from the date of purchase until the end of software support or revocation of license. Termination occurs upon breach, non-compliance, or voluntary discontinuation.

17. KYC/AML Compliance

Purchaser agrees to submit legally required identification documentation only where such documentation is explicitly required by a lawful order, ruling, or binding request issued by a competent Swiss authority, such as a court or regulatory body. Compliance with any such lawful requirement shall be to the satisfaction of the competent third party, not QPQ IaaS AG. The Purchaser understands and agrees that the Owner is not imposing this requirement voluntarily but solely to comply with legal obligations imposed by competent authorities.

18. Changes to GTCs

Owner reserves the right to modify these GTCs. Updated versions will apply from the moment of notification or publication.

19. Severability

If any provision is held unenforceable, the remaining provisions shall remain in full force and effect.