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THE EARTH DOLLAR
TERMS AND CONDITIONS

A CRYPTOGRAPHIC DIGITAL-FUEL TOKEN

TO POWER THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM)

FOR THE GLOBAL GREEN MOVEMENT,
SOCIAL ACTIVISTS,
THE OPEN SOURCE COMMUNITIES,
THE INDIGENOUS COMMUNITIES,
NON-PROFIT ORGANIZATIONS,

SUSTAINABLE BUSINESSES,
AND THE UNBANKED

THIS DOCUMENT PERTAINS TO THE PURCHASE OF CRYPTOGRAPHIC TOKENS CALL THE EARTH DOLLAR FOR USE AS DIGITAL DIGITAL-FUEL ON A DECENTRALIZED BLOCKCHAIN SOFTWARE APPLICATION FOR THE PURPOSE OF HEALING MOTHER EARTH, FIGHTING CLIMATE CHANGE AND ENDING GLOBAL POVERTY, CURRENTLY BEING DEVELOPED ON THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM). YOU CANNOT ACCESS THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) WITHOUT THE EARTH DOLLAR DIGITAL-FUEL AND BEING A MEMBER OF THE SWISS-BASED EARTH DOLLAR ASSOCIATION.

THIS DOCUMENT IS NOT A SOLICITATION FOR INVESTMENT AND DOES NOT PERTAIN IN ANY WAY TO AN OFFERING OF SECURITIES IN ANY JURISDICTION. PURCHASE OF THE EARTH DOLLAR TOKENS TO ACCESS AND TO USE THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) IS A PRIVILEGE, AND NOT A RIGHT; IT DOES NOT ENTITLE THE PURCHASER TO ANY INTEREST IN ANY PROFITS OR REVENUE IN ANY BUSINESS VENTURE OR COMPANY. THE EARTH DOLLAR ASSOCIATION IS A NON-PROFIT ORGANIZATION AND IS ENGAGED IN HUMANITARIAN WORK.

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THE UNIQUE FEATURES OF THE EARTH DOLLAR

Some unique features of the Earth Dollar (Token)are as follows; this will form the basis of the Terms and Conditions:

1. Digital cryptographic digital-fuel: The Mother Earth Network (Software Platform) require payments of a digital cryptographic token call the Earth Dollar (“ED”) to run every computational step, computer processing and storage operation on the Mother Earth Network (Software Platform). The Earth Dollar (Token) complementary currency is the used as like a digital cryptographic digital-fuel. The Mother Earth Network (Software Platform) uses an enhanced and modified clone of Ethereum, therefore all Smart Contracts that run on the Ethereum platform will also run on the Mother Earth Network (Software Platform). The only difference is instead of using Ethers, the Earth Dollar (Token) complementary currency is used as the digital cryptographic token to run the Smart Contracts. However, the Mother Earth Network (Software Platform) runs more than Smart Contracts; it is designed to run full applications like games, instant messenging, p2p websites and more.

2. The Earth Dollar (Token) Mitigates Climate Change: The Earth Dollar (Token) is the only cryptographic token on the market that takes direct action on climate change and through its usage, restores the ecosystems of our planet. The Earth Dollar (Token) supports the Paris Agreement (French: L’accord de Paris), an unprecedented treaty adopted by 195 countries on climate change. The Paris Agreement is expected to be signed by 195 countries on April 22, 2016. The Earth Dollar (Token) although is not related to the United Nations, is expected to become one of the most important tools for the United Nations to reach its SDG ‘Goal # 13: Take urgent action to combat climate change’. The Earth Dollar (Token) through its wide adoption will help countries and organizations meet the challenges of bringing climate justice and ecological restoration to our planet by 2030.

3.The Earth Dollar (Token) Does Medical Research: The Mother Earth Network (Software Platform) will be designed to do medical research and to find cures for on cancer, HIV/AIDs, malaria, Diabetes, TB, Parkinson’s disease, heart disease, stroke, and many other types of diseases. The Earth Dollar (Token) will be one of the first cryptographic tokens on the market that uses its computational step, computer processing and storage operation for medical research via MIT’s Bionic Program. The MIT’s Bionic Program attempts to finds cures through protein folding. All cures found through the Mother Earth Network (Software Platform) becomes an additional asset to back the Earth Dollar (Token) and any Surplus made from the production of medical drugs through the Mother Earth Network (Software Platform) is shared with the Earth Dollar (Token) users.

4. The Earth Dollar (Token) is Supported by Some Government Legislation: As a means of mitigating climate change and reaching the SDG goals by the year 2030, several indigenous nations and local governments have made the Earth Dollar (Token) a legal complementary currency in their jurisdictional territories. Furthermore, some governments have even gone further by mandating the Earth Dollar (Token) be accepted for payment of all products and services in their jurisdictional territories without having to convert it to their local currencies as a means of fighting climate change, to bring economic growth and prosperity to the impoverish.

5. The Earth Dollar (Token) Protects and Restores Natural Capital Assets: Natural capital refers to the planet’s stocks of water, land, air, and renewable and non-renewable resources (such as plant and animal species, forests, and minerals). The collective benefits provided by the resources and processes supplied by natural capital are known as ecosystem goods and services, or simply ecosystem services. These services are imperative for survival and well-being. They are also the basis for all economic activity. Since the natural capital is tied to the value of the Earth Dollar, if people destroy the natural capital assets backing the Earth Dollar, they destroy their own wealth. The only way to increase their wealth is by people collaborating to protect Mother Earth. The new economy of the world will be based on the well being of Mother Earth. The Earth Dollar (Token) Protects and Restores Natural Capital Assets that are vital to the survival of all species on our planet.

6. The Earth Dollar (Token) Uses Natural Capital Accounting (NCA): The Natural Capital Accounting System is a new accounting process of calculating the Natural Capital Assets, including total value of stocks and flows of natural resources and services in a given ecosystem or region. Accounting for such goods may occur in physical or monetary terms. The Natural Capital Accounting System is supported by numerous countries and institutions as a way to evaluate the value of nature, including calculating the value of trees, fresh water, rivers, animals, fish, and the live giving services they provide. The Natural Capital Accounting is expected to completely replace the old GAAP system by the year 2030. The Natural Capital Accounting System is already being used by organizations such as the TD Bank, the World Bank, Ducks Unlimited and numerous other organizations. The EarthDollar Parties are members of the “Natural Capital Coalition”, a association that sets the standards for evaluating Natural Capital Assets.

7. The Earth Dollar (Token) as a Spiritual Currency: The Earth Dollar (Token) on a spiritual level is a living current which represents the life energy of Mother Earth, since the Earth Dollar (Token) is tied to the wellness of Mother Earth. The Earth Dollar (Token) empowers the spiritual values of: love, life, unity, healing, peace, compassion, collaboration, sharing and gifting. With the Earth Dollar, we can accelerate funding solutions for sustainable projects: yes, we can end poverty; yes, we can respond to climate change; yes, we can provide fresh water to the thirsty, and much more. Without monetary circulation, the system as a whole will come to a grinding halt. The Earth Dollar (Token) frees up and unclogs the system by funding solutions for abundance, prosperity and the healing of Mother Earth. We call our system the “Living Economic System” because the flow of life energy of the Earth Dollar (Token) feeds and regenerates life on our planet.

8. The Earth Dollar (Token) Offers Insured Secured Accounts: The Earth Dollar (Token) system will provide insurance for Secured Accounts. Secured Accounts are verified accounts that act as savings accounts for Earth Dollar (Token) users. These Secured Accounts will be protected by a Deposit Insurance issued to a verified Earth Dollar (Token) user. The Secured Accounts and Deposit Insurance are unique features of the Earth Dollar (Token) system.

9. The Earth Dollar (Token) Debit Cards and Credit Cards: The Earth Dollar (Token) Secured Accounts will be linked to prepaid credit cards and debit cards. Using your cards, you will be able to pay for groceries, movies, and anything you want. Furthermore, for places that do not accept the Earth Dollar (Token) directly for payment, your cards will be able to instantly convert your Earth Dollars into any of the 200 currencies (Canadian dollars, Euros, USD, Yen…etc. ) worldwide at the point of sale (retailers).

10. The Earth Dollar (Token) Uses Blockchain: A blockchain (or block chain) is a decentralized distributed database based on the bitcoin protocol that maintains a continuously growing list of data records hardened against tampering and revision, even by its operators. The initial application of block chain technology is the public ledger of transactions for bitcoin, which has been the inspiration for similar implementations often known as altchains, such as the Earth Dollar (Token) blockchain. The Earth Dollar (Token) blockchain uses an enhanced and modified clone of Ethereum. In the future, the Earth Dollar (Token) blockchain is designed to interact with other blockchains and may even merge with other blockchains., as well as sidechains

11. The Earth Dollar System Provides Ecological Footprint Mitigation (Carbon Footprint Mitigation): By using the Earth Dollar system, you are automatically reducing your negative impact on the environment, including reducing your carbon footprint (greenhouse gases – GHGs). Tied to each Earth Dollar (tokens) will be a sponsorship certificate to sponsor the ecological restoration of the environment and in addition attached to each Earth Dollar (token) will be a Micro-Living-Carbon-Credit that is rewarded each time you use the Earth Dollar (tokens). This allows you to reduce your carbon footprint and to restore our planet. The more you use the Earth Dollar (tokens), the more trees we can planet, the more lands we can reforest, the more deserts we can re-green, the more lakes and rivers we can clean up, the more wildlife and marine sanctuaries we can create, and the more massive ecological restoration projects we can fund. This goes far beyond just Carbon Footprint Mitigation. We reward you with Micro-Living-Carbon-Credits base on your Earth Dollar transaction volume. By measuring the Micro-Living-Carbon-Credits collected in real-time, you can find out how well you are doing in reducing your daily ecological footprint. Mitigation is a public good; effective ecological restoration and climate change mitigation will not be achieved if each agent (individual, institution or country) acts independently in its own selfish interest. The Earth Dollar system provides a global mechanism for tracking and mitigating people’s Ecological Footprint in real-time.

TERMS AND CONDITIONS

This Earth Dollar Terms and Conditions (the “Terms”) contains the terms and conditions that govern your purchase, sale, acquisition, use, exchange, trading, and holding of the of ED, including but not limited to during the time of the ED Early Bird Sale (the “ED Token Sale”) and is an agreement between Earth Dollar Association, (“Earth Dollar”, “we”, “us”, or “our”) and you or the entity you represent (“you” or “Purchaser”) and takes effect when you (i) click an “I Accept” button or check box presented with these terms or, if earlier, you expressly acknowledge and represent that: you have carefully reviewed these Terms, fully understand the risks, costs, and benefits of purchasing ED Token and agree to be bound by these Terms; (ii) you are authorized to purchase ED Token in your relevant jurisdiction; you are of a legal age to be bound by these Terms but in any event not less than eighteen {18) years old, or you have received permission from a legal guardian who has reviewed and agreed to these Terms and all other instructions relating to the ED Token Sale of the ED; (iii) you are buying ED Token in order to use them on the Mother Earth Network (Software Platform); or (iv) to support the development, testing, deployment, and operation of the Mother Earth Network (Software Platform), and not for the purpose of speculative investment; (v) you have an understanding of the usage and intricacies of cryptographic tokens and blockchain-based software systems and (vi) take sole responsibility for any restrictions and risks associated with the purchase, sale, possession and use of the ED, including without limitation those set forth below; and to the extent permitted by law, (vii) you will not hold the Earth Dollar Association, our affiliates, including its founders and other team members, or the officers, directors, agents, joint ventures, employees and suppliers or their parent, affiliates, or subsidiaries , now or in the future, or any other member of the group of developers and other personnel that is now, or will be, employed by, or contracted with, or their affiliates (individually and collectively “EarthDollar Parties”), liable for any losses or for any indirect, special, incidental, or consequential damages arising out of, or in any way connected to, your purchase of the ED. (viii) when we receive payment in full pursuant to date of confirmation of the receipt of the payment (the “Effective Date”). If you are entering into these Terms for an entity, such as the company you work for, you represent to us that you have legal authority to bind that entity. You holding, and/or your usage of the ED Token is one of the proof of your acceptance of these Terms.

By purchasing or by using the Earth Dollar (ED) Token or by acessing any of the EarthDollar Network or by acessing any of the Mother Earth Nwtwork, the Purchaser acknowldeges they have read, expressly understands, and agrees with all of the terms and conditions and policies set forth in the accompanying agreements below, including in all of the terms and conditions in this agreement:

Earth Dollar (Token) Product Purchase Agreement (the “Agreement”),
The Earth Dollar Terms of Service (the “Terms”),
Earth Dollar (Token) Product Purchase Agreement,
Disclaimer,
Privacy Policy,
Network Terms and Conditions, and
Copyright Agreement.
(individually and collective the “ED Agreements”)

The abovesaid agreements are an integral and indivisible part of these Terms and is incorporated by reference herein.

The following Terms and Conditions (“Terms”) govern the ED Token Sale of a complementary currency call the Earth Dollar (“ED”) Token built on a modified and enhanced clone of Ethereum. The ED Token itself is a decentralized asset backed complementary currency based on nature and functions on natural law, designed to provide rewards to Heal Our Mother Earth (H.O.M.E.), including mitigating climate change and alleviating global poverty.

The Earth Dollar platform is the only blockchain tool that can provide “Real Time Measurement of the Ecological Footprint Mitigation” of people and organizations; this can become an important tool during the next 15 years in bringing climate justice and ecological restoration to our planet, as part of the international Paris Agreement (French: L’accord de Paris). The Paris Agreement is expected to be adopted and signed by 195 countries on April 22, 2016.

The Earth Dollar (Token) complementary currency fuels the environmental movements, the social activists, the open source communities, the indigenous communities, non-profit organizations, sustainable businesses and the unbanked. The Earth Dollar (Token) rewards people through the “Earth Dollar Environmental Restoration Reward Program (ERRP)” for being sustainable and contributing to healing our planet.
“Today, there is no greater threat to our planet than climate change. No challenge poses a greater threat to future generations than climate change. It is indeed one of the biggest threats facing our planet today. Climate change is the threat multiplier. If another country threatened to wipe out an American town, we’d do everything in our power to protect ourselves. Climate change poses the same threat right now. And years from now, I want to be able to look our children and grandchildren in the eye and tell them we did everything we could to protect them”, President Obama.

The Earth Dollar (Token) hopes to fund solutions to resolve some of the greatest threats facing our planet and facing humanity. The widespread acceptance and usage of the Earth Dollar (Token) reward system will help restore our planet and revitalize our global economy. We hope you will support us on our efforts.

MORE FEATURES

12. Two Way Asset Backing System: The value of the Earth Dollar (Token) is protected and backed by a basket of assets with intrinsic value. The majority of the assets pledge on the Earth Dollar blockchain to back the Earth Dollar (Token) is called Natural Capital Assets. Some of our Natural Capital Asset includes but not limited to fresh water, trees, mineral rights, airwave rights, and hydro power rights. Additional assets assets pledge to back the Earth Dollar includes pledge instruments.

Furthermore, any types of assets can be used in the future to back the Earth Dollar, including intellectual assets, other currencies, treasury bills, and physical assets like real estate, cars, art…etc.

The assets backing the Earth Dollar (Token) from our World Heritage Sanctuaries gives an intrinsic value to the currency and funds the reward program; in turn the Earth Dollar (Token) backs the protection and restoration of the Natural Capital Assets in our World Heritage Sanctuaries. In the event the value of the Earth Dollar (Token) depreciates significantly, our automated Smart Contract system can use some of the renewable assets to recover the value of the Earth Dollar. These renewable assets can also be used to produce multiple streams of revenue, and the Surplus can be shared with existing Earth Dollar (Token) stakeholders. If for example fresh water is sold, a portion of the Surplus can go back to the Earth Dollar (Token) stakeholders as a Mother Earth’s Surplus via Smart Contracts on our blockchain reward system; these rewards are automatically redistributed to the Earth Dollar (Token) users’ digital wallets by Smart Contracts. You are not holding onto a static currency. but rather a dynamic Living Currency that pays out a rewards to you for healing our planet. The system is very different from Bitcoin.

The Earth Dollar (Token) in turn backs the Natural Capital Assets under a global commons. If people destroy the forests and fresh water backing the Earth Dollar, the value of the Earth Dollar (Token) will go down. If we collectively take care of the Natural Capital Assets, like forests and water backing the Earth Dollar (Token) the value of the Earth Dollar (Token) will go up. Earth Dollar (Token) stakeholders are rewarded in various ways for protecting the Natural Capital Assets.

The Earth Dollar (Token) goes further than that and actually restores damages ecosystems backing the Earth Dollar (Token) because by improving the value of the Natural Capital Assets backing the Earth Dollar, the currency becomes more valuable. Again the Earth Dollar (Token) stakeholders are rewarded in various ways for restoring the damaged ecosystems. That is how we hope to restore our planet.

13. Coinbase: The Earth Dollar (Token) coinbase is structured differently from all other blockchains; we do not mint currency out of thin air. The Earth Dollar (Token) can only mint a limited number of Earth Dollar (Token) units based on the value of the physical assets backing the Earth Dollar. Our goal is to have the maximum number of Earth Dollar (Token) that can ever be in existence be no more than ten percent (10%) of the value of the physical assets backing the Earth Dollar. Therefore, there will approximately 10x more physical assets with intrinsic value backing each Earth Dollar. This gives the Earth Dollar (Token) tremendous stability and resilience.

14. Tradeability: The Earth Dollar (Token) in the future will be directly convertible into some of the physical assets backing the Earth Dollar, such as Carbon Credits, bottled water and mineral rights such as “gold” from our World Heritage Sanctuaries.

15. Dynamic Reserve: The Earth Dollar’s platform is called the Mother Earth Network (Software Platform). For added stability, the Mother Earth Network (Software Platform) contains a automated dynamic reserve that holds additional unused assets in a reserve, and it can automatically kick to further back the Earth Dollar (Token) way beyond the 10x asset value in the event that the Earth Dollar’s value depreciates significantly.

16. Set User Base: The Earth Dollar (Token) already has millions of people that are ready to use the Earth Dollar. Several government organizations and communities have signed agreements to use the Earth Dollar (Token) in their territories, with the potential number of users in the millions of people. Therefore, at the get go, the Earth Dollar (Token) will have a captured user base in the millions.

17. Carbon Credit Rewards & Real-Time Measurement of Ecological Footprint: The Earth Dollar (Token) provides real-time measurement of Ecological Footprint Mitigation and carbon sequestering. Businesses and people are rewarded Micro-Living-Carbon-Credits based on their transaction volume using the Earth Dollar. By measuring the flow of Earth Dollar (Token) through a person’s digital wallet, we can calculate in real-time how well they are doing in healing Our Mother Earth; this is done by measuring a person’s ecological footprint in real time. Businesses and governments using the Earth Dollar (Token) can measure in real-time how well they are doing in fighting climate change and in meeting the United Nations SDG ‘Goal # 13: Take urgent action to combat climate change’. The Earth Dollar (Token) system provides one of the most accurate mechanism for measuring real-time carbon sequestration. Meeting the United Nations SDG ‘Goal # 13’ is now quantifiable and easy to measure.

18. Running Full Applications: The Earth Dollar (Token) will act as digital-fuel (“ED”) to run full applications on a distributed computer platform known as the Mother Earth Network (Software Platform). The Mother Earth Network (Software Platform) is a open sourced distributed world computer platform that is designed to be able to run games, full applications, smart contracts, apps, peer-to-peer messenging, banking and more. The Mother Earth Network (Software Platform) is a modified version of the Ethereum open source software platform (“Ethereum Platform”) with expanded capabilities, therefore all Ethereum smart contracts can also run on the Mother Earth Network (Software Platform). We do not compete with Ethereum, but work hand-in-hand with them as brother and sisters for furthering blockchain technology.

ABOUT US

19. The Earth Dollar Association: The Earth Dollar Association is a Switzerland based non-profit association that is conducting the ED Token Sale. The Earth Dollar Association facilitate transactions between members, share ideas and resolve disputes between Earth Dollar (Token) users. Every member that downloads a wallet or uses the Earth Dollar (Token) is automatically inscribed into the Earth Dollar Association. The Earth Dollar Association works with various third parties to make the sale of the ED Token Sale possible.

SOME AFFILIATES

20. The Affiliate Mother Earth Trust (Wildlife Sanctuaries) (“Mother Earth Trust”): Mother Earth Trust is an affiliate of the Earth Dollar Association, a California non-profit organization that manages the World Heritage Sanctuaries, as well as operate the ecological restoration programs.

21. Volunteers: Socially conscious volunteers give their time, knowledge and talent to build the Mother Earth Network (Software Platform). The Earth Dollar volunteers may receive some ED Token as appreciation and reward for helping build the Mother Earth Network (Software Platform) and the Environmental Reward Program. Some volunteers may have formal contractual agreements for the development of the Earth Dollar system.

22. Relationship of Volunteers: The group of volunteers that is now, or will be, employed by, or contracted with, EarthDollar Parties is called the “Earth Dollar Team”. The Earth Dollar Team shall continue the development and marketing of the Mother Earth Network (Software Platform) well into the future.

EARTH DOLLAR TOKEN USAGE

23. No solicitation: These Terms are not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This is not an investment vehicle, but just a product offering for use on the Mother Earth Network (Software Platform).

24. Digital-fuel: As further described in these Terms, the Mother Earth Network (Software Platform) require payments of a digital-fuel token call the Earth Dollar (“ED”) Token to run every computational step, computer processing and storage operation on the Mother Earth Network (Software Platform). The Earth Dollar (Token) complementary currency is the digital-fuel token.

25. Why is the digital-fuel necessary?: If there is no digital-fuel requirement for payment of operations, the Mother Earth Network (Software Platform) would be vulnerable to attack; also it would not be viable, and would grind to a halt. How is works is that owners of computational resources (farmers) get paid in the form of block rewards, transaction/computation fees and surplus for securing the Mother Earth Network (Software Platform)’s network, for transmitting transactions and for processing computations required by distributed software applications.

26. Gold and Silver ED Coin Medallions: Besides the digital-fuel token (ED), the ED Token Sale will include limited edition physical Metal Gold and Silver Earth Dollar Coin Medallions. The Metal Gold and Silver Earth Dollar Coin Medallions can be tradeable into digital-fuel token (ED) based on its numeric denomination of the coin. For example if a silver Earth Dollar Medallions has a face value of 200 Earth Dollars, then it can be tradeable into 200 digital-fuel token (ED) from the EarthDollar Parties. Furthermore, a Metal Gold and Silver Earth Dollar Coin Medallions with a face value of 200 Earth Dollars has an equivalent asset backing of 200 digital-fuel token (ED); the equivalent digital asset value is stored in a digital wallet that is never used until the Metal Gold and Silver Earth Dollar Coin Medallions are redeemed, allowing the ED Token coinbase ratio to be maintained.

27. Digital ED: The ED Token Sale of digital ED (the digital-fuel token) is:

(a) for organizations and individuals that are interested in using the Mother Earth Network (Software Platform) to Mitigate Ecological Footprint Mitigation (Carbon Footprint Mitigation) and to sequester their carbon footprint in real-time. This allows good citizens of our planet to fight climate change and to restore the health of our planet,

(b) for organizations and individuals interested in using the Mother Earth Network (Software Platform) to end global poverty in our lifetime,

(c) for organizations and individuals interested in using the Mother Earth Network (Software Platform) to restore damaged ecosystems,

(d) for organizations and individuals interested in using the Mother Earth Network (Software Platform) to help indigenous peoples to bring ecological and social justice to communities,

(e) for organizations and individuals interested in using the Mother Earth Network (Software Platform) to support and in fund sustainable businesses,

(f) for organizations and individuals interested in in using the Mother Earth Network (Software Platform) to support non-profit organizations,

(g) for organizations and individuals interested in purchasing ED (the digital-fuel token) to build and power coming computer applications, and to pay for coming distributed application services on the Mother Earth Network (Software Platform).

28. Ownership: Ownership of ED Token is a privilege and carries no rights express or implied. Purchases of ED Token are non-refundable. The ED Token units have no expressed value and there is no guarantee of any expressed or implied value. Purchasers should have no expectation of influence over governance of the platform.
UNDERSTANDINGS

29. What is the Mother Earth Network (Software Platform)?: The Mother Earth Network (Software Platform) is a open sourced distributed peer-to-peer world computer platform with a next-generation blockchain architecture that is designed to deliver a decentralized consensus-based, full-stack platform for developing, offering and using distributed application services. The Mother Earth Network (Software Platform) is being designed to be able to run games, full applications, smart contracts, apps, peer-to-peer messenging, banking and more. The Mother Earth Network (Software Platform) is a modified version of the Ethereum open source software platform (“Ethereum Platform”) with expanded capabilities, therefore all Ethereum Smart Contracts can also run on the Mother Earth Network (Software Platform).

30. What is the MotherEarthBrowser?: The Mother Earth Network (Software Platform) will also have a MotherEarthBrowser, which is a consumer-facing application, that integrates the front and back ends to create an environment in which developers of varying degrees of sophistication can relatively easily and relatively rapidly build secure, scalable and interoperable decentralized applications.

31. Creation and Sale of ED: ED token will be created through three processes: (1) a minting process base on 10% of the asset value added to the asset blockchain via Smart Contracts to back the value of the Earth Dollar, at the instant the system becomes operational, that will create and place a sum of ED Token in the Genesis Block of the blockchain used for the Mother Earth Network (Software Platform). This includes fulfilling the requirements for its Static Reserve, Dynamic Reserve, and any other reserves. and (2) for adding additional assets a minting process base on 10% of new asset value added to the existing asset blockchain via Smart Contracts to further back and to give more intrinsic value to the Earth Dollar, and (3) the ongoing farming process which secures the Earth Dollar blockchain. The ED Token Sale is directly related only to the first process.

32. Distribution of ED: The exact amount required by EarthDollar Parties to fulfill all ED Token Sale commitments will come from one of the reserves for allocation to ED Token Sale to Purchasers of ED (the “ED Token Sale Quantity of ED”). In addition to fulfilling the ED Token Sale Quantity of ED, the reserves will also be used for the payment of the asset owners that have pledged their assets to back the Earth Dollar, for protecting the World Heritage Sanctuaries, for the World Basic Income Program, and for paying early contributors who have worked to develop the ideas, implementations, and supporting structures of the Earth Dollar. The size of the total reserves is 10% of the value of the physical assets backing the Earth Dollar.

33. Growth Rate of ED Mimics Natural Law: The growth rate of the ED Token is dependent on three factors: (a) on the amount of new assets accepted to further back the ED, (b) also on the value of the growth in value of the existing assets, (c) dependent on the global cost of living, (d) possibly on the Earth Index, once it becomes operational, and (e) supply and demand of ED for use on the Mother Earth Network (Software Platform).

34. New Earth Dollar (Token) Creation: Once the Earth Dollar blockchain is operational, no new ED Token will be created out of thin air. The only way of creating more Earth Dollars is through the minting process of placing additional assets of the blockchain to further back the value of the Earth Dollar. In adding additional assets, additional ED Token is minted base on more then 10% of new asset value added to the existing asset blockchain via Smart Contracts to further back and to give more intrinsic value to the Earth Dollar. In the future, there will be a demographic voting process built into the digital wallets to add or to not add the particular asset to the blockchain. Any additional ED Token created is automatically distributed to all the reserves in a predetermined manner.

35. Changes: Although EarthDollar Parties intends to have a low annual growth rate in adding additional assets to created new ED, for technical reasons EarthDollar Parties may need to change the annual rate of new creation to a value that stabilizes the value of the Earth Dollar (Token) on the public market by changing to the Earth Dollar (Token) farming algorithm or minting process or to address other issues that may arise. There is no guarantee that this percentage will be accurate or that this rate will continue at the same level.

PURCHASES

36. Overview of ED Token Sale of the Earth Dollar: The Mother Earth Network (Software Platform) requires for proper operation, and extensive usage, a cryptographic digital-fuel called the Earth Dollar (“ED”) Token. EarthDollar Parties will produce and market a quantity of ED tokens and also Metal Gold and Silver Earth Dollar Coin Medallions in a series of ED Token Sale events, including during the Early Bird Sale, to be conducted on its web site at https://www.earthdollar.org and via selected dealers (“the ED Token Sale “). Purchasers in the ED Token Sale will acquire ED tokens and Metal Gold and Silver Earth Dollar Coin Medallions in exchange for BTC and other currencies at predefinED Token Sale prices over a period of specified in Appendix A or until while supplies last.

37. Timing of Sale: The ED Token Sales:

Early Bird Sale: 2:28 EST on Earth Day, Friday April 22, 2016;

Public Pre-sale: Summer 2016 (TBA);

Public Launch: Fall 2016 (TBA);

EarthDollar Parties reserves the right to change the dates of the ED Token will begin and further reserves the right to extend the sale duration for any reason, including the unavailability of the website https://www.earthdollar.org or other unforeseen security or procedural issues. Though it does not currently anticipate doing so, EarthDollar Parties also reserves the right to shorten the sale duration for any reason.

38. Pricing and Initial Discount on Price of Earth Dollar: The Pricing and Initial Discount on Price of ED Token Sale of the Earth Dollar (Token) appears in Appendix A.

39. Receipts: Purchasers of ED tokens and Metal Gold and Silver Earth Dollar Coin Medallions in the ED Token Sale will be awarded cryptographic receipts in the form of a downloaded “wallet” that will enable them to claim their purchase once the product has been developed and is ready for delivery.

40. Delivery of Digital Tokens: All digital ED tokens sold in this manner will be delivered to Purchasers in the Mother Earth Network (Software Platform)’s blockchain — which is expected to be created during the Fall of 2016, although there are no guarantees that this will occur according to such a time-frame or at all. Purchasers may claim their ED Token at any point after such time by taking control of their assigned Earth Dollar (Token) account which holds the ED tokens.

41. Delivery of Metal Gold and Silver Earth Dollar Coin Medallions: The Metal Gold and Silver Earth Dollar Coin Medallions sold in this manner will be delivered to Purchasers around the Winter of 2016 – Summer 2017 depending on how much time is required to complete the sale of the Metal Gold and Silver Earth Dollar Coin Medallions and to get it into production, although there are no guarantees that this will occur according to such a time-frame due to need for the creation of metal molds and working with different artists’ time frames. Metal Gold and Silver Earth Dollar Coin Medallions will be delivered directly to the Purchasers by courier.

42. Disclosure of Purchases: For disclosure and to keep a spirit of openness, EarthDollar Parties has developed an ED token purchase mechanism that enables purchases to be tracked on the Earth Dollar. EarthDollar Parties will make all purchases publicly visible on the Earth Dollar blockchain at a multisignature address to be announced on the ED Token Sale website.

43. Purchase of Earth Dollar (Token) from the Earth Dollar Store on the EarthDollar.org Website:

EarthDollar Parties will maintain a store interface, which can be used to purchase ED. The store interface will be available on the Earth Dollar website (https://www.EarthDollar.org). Instructions for purchasing ED token with BTC and other currencies using the store interface will be available for review on the Earth Dollar website during the duration of the ED Token Sale. Failure to follow these instructions may limit, delay, or prevent a Purchaser from obtaining ED. Any questions about these instructions should be directed to helpdesk@EarthDollar.org.

44. Obligation to Determine If Purchaser Can Purchase ED token in Purchaser’s Jurisdiction: The ED Token Sale constitutes the sale of a legal software product under Swiss law. This product sale is conducted by EarthDollar Parties, via a Swiss association, namely the Earth Dollar Association, operating under Swiss law. It is the responsibility of each potential Purchaser of ED token to determine if the Purchaser can legally purchase ED token in the Purchaser’s jurisdiction.

45. Acceptance of Terms and Conditions of the ED Token Sale: As a first step in the purchase process, EarthDollar Parties will present the Purchaser with these Terms, and associated Agreements, along with a checkbox. By clicking the checkbox, the Purchaser:

consents and agrees to the Terms and the Earth Dollar (Token) Product Purchase Agreement;

represents and warrants that the Purchaser is legally permitted to purchase ED token in the Purchaser’s jurisdiction and is legally permitted to receive products of Swiss origin;

represents and warrants that the Purchaser is of a sufficient age to legally purchase ED token or has received permission from a legal guardian who has reviewed and agreed to these Terms;

represents and warrants that the Purchaser will take sole responsibility for any restrictions and risks associated with the purchase of ED token as set forth below;

represents and warrants that Purchaser is not exchanging bitcoin (BTC) or any other currency for ED token for the purpose of speculative investment;

represents and warrants that the Purchaser is acquiring ED token for the use of decentralized application services or the purchase of tokens specific to forthcoming decentralized applications on the Mother Earth Network (Software Platform), or to facilitate development, testing, deployment and operation of decentralized applications on the Mother Earth Network (Software Platform); and

represents and warrants that the Purchaser has an understanding of the usage and intricacies of cryptographic tokens, like BTC, Earth Dollar (Token) and blockchain-based software systems.

46. Independent Confirmation of Purchases: During the purchase process on the https://www.EarthDollar.org website, EarthDollar Parties will provide Purchasers with a unique intermediary Payservices account address. Using this address, Purchasers can track and confirm that the Purchaser’s BTC or other form of payment has been received at that address and has been subsequently and automatically sent to the genesis address. Additionally, EarthDollar Parties will lodge a small coded transaction into the Payservices account to serve as an additional purchase confirmation. Knowledge of the unique intermediary Payservices account address does not constitute a purchase receipt or indicate in any way that any party possessing such knowledge has rights to or ownership of the purchased ED.

47. Purchaser’s Loss of the Purchase Password Will Cause the Loss of the Purchased ED: As part of the purchase process, and in order to purchase ED, the Purchaser will need to provide a password (the “Purchase Password”). The Purchase Password will be used to load the unique address and private key to the Purchaser’s Earth Dollar account (which will store the purchased ED) into a wallet in the MotherEarthBrowser when the system is operational.

48. Password Storage: Purchaser must keep the Purchase Password safe and not share it in any way or with anybody. The Purchase Password is essential for accessing the Purchaser’s ED. Purchaser’s loss of the Purchase Password will cause the loss of the purchased ED. Unauthorized access by any party to a Purchaser’s Purchase Password along with access to the downloaded wallet, will enable that unauthorized party to access the purchased ED token and the ED token will be lost.

49. Responsibility: By purchasing ED, and to the extent permitted by applicable law, the Purchaser agrees not to hold any of the EarthDollar Parties liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Purchaser’s failure to properly secure and keep private the Purchase Password.

50 Receipt of ED token and the Purchase Email: As part of the purchase process, and in order to purchase ED, a Purchaser will need to provide an email address (the “Purchase Email”). The Purchase Email will be used to email the Purchaser a wallet file containing a unique address and private key to the Purchaser’s Earth Dollar account, which will store the purchased ED.

51. Wallet by Email: Upon receipt of a Purchase Email, the Purchaser agrees to save the Earth Dollar wallet file to their computer’s file system (an example of a saved wallet is shown below), store the applicable wallet file and backup copies of the wallet in a secure location on that computer as well as on some other device, and then delete the Purchase Email from the Purchaser’s email system.

52. Liability Notice: By purchasing ED, and to the extent permitted by applicable law, the Purchaser agrees not to hold any of the EarthDollar Parties liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Purchaser’s failure to properly secure the Earth Dollar wallet file or delete the Purchase Email.

53. Purchaser’s Loss of the Purchase Wallet Will Cause the Loss of the Purchased ED: As part of the purchase process, the Purchaser will need to receive and store a Purchase Wallet. The Purchaser must download the Purchase Wallet in the web browser during the purchase process and/or download or extract the wallet from the Purchase Email. The Purchase Wallet will be used to load the unique address and private key to the Purchaser’s Earth Dollar (Token) (which will store the purchased ED) into a wallet in the MotherEarthBrowser when the system is operational.

54. Sharing Notice: Purchaser must keep the Purchase Wallet safe and not share it in any way or with anybody. Purchaser must make copies of the Purchase Wallet and securely store backup copies of the Purchase wallet in multiple locations. The Purchase Wallet is essential for accessing the Purchaser’s ED. Purchaser’s loss of the Purchase Wallet will cause the loss of the purchased ED. Unauthorized access by any party to a Purchaser’s Purchase Wallet along with access to the Purchase Password, will enable that unauthorized party to access the purchased ED token and the ED token will be lost.

55. Storage Notice: By purchasing ED, and to the extent permitted by applicable law, the Purchaser agrees not to hold any of the EarthDollar Parties liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to, Purchaser’s failure to properly store, secure and keep private the Purchase Wallet.

56. Earth Dollar (Token) Will Only Be Available For Sale on the Earth Dollar Website: EarthDollar Parties will only sell ED token through the Earth Dollar Website, available at https://www.EarthDollar.org. To the extent that any third-party website or service offers ED token for sale during the ED Token Sale or facilitates the sale or transfer of ED token in any way during the ED Token Sale or at any time up to the release of the Genesis Block, such third-party websites or services are not sanctioned by EarthDollar Parties or its parents and affiliates and have no relationship in any way with the EarthDollar Parties. As a result, EarthDollar Parties prohibits the use of these third-party websites or services for the purchase of ED token prior to the end of the ED Token Sale.

57. URL: Purchasers should take great care that the site used to purchase ED token has the following universal resource locator (“URL”)/ Please ensure that the URL of your web browser indicates that it is using a hypertext transport protocol secure connection (“https”) and that the domain name is correct.

The only official and authorized ED Token Sale website URL is https://www.EarthDollar.org

58. Purchase Liability: By purchasing ED, and to the extent permitted by applicable law, the Purchaser agrees not hold any of the EarthDollar Parties liable for losses incurred by any person, entity, corporation, or group individuals or groups who uses a third party service to purchase ED.

59. Limitations on the Purchase of Earth Dollar: In the interest of fairness and inclusiveness, EarthDollar Parties will apply certain limitations on the sale of ED. In order to give as many interested parties as possible the opportunity to purchase ED token in the ED Token Sale , EarthDollar Parties will restrict any single entity, person, corporation, or group from controlling more than 12.5% of the total ED token sold by the end of the ED Token Sale . The purpose of this limitation is to ensure broad, global participation in the ED Token Sale .

60. Large Sales: Any individual, group, corporation, company, entity, or groups of legally connected entities (e.g., multiple entities with the same owner, or multiple entities in which one owns one or more of the others, or multiple entities who have entered into a joint venture) wishing to purchase more than 5,000,000 ED token must contact EarthDollar Parties directly at corpsales@EarthDollar.org to clear the purchase. When using the ED Token Sale web site for purchasing ED, each Purchaser agrees that, to the best of the Purchaser’s knowledge, and after all necessary inquiries, the Purchaser will not cause any entity, person, group, company, corporation, or group of associated entities to control more than 5,000,000 ED.

61. Fraudulent Attempts to Double Spend BTC and other currencies: EarthDollar Parties will monitor all potential transactions for fraudulent attempts to double spend BTC and other currencies. Any detected double spend of BTC and other currencies will result in no ED token being generated in the Genesis Block for the associated wallet address.

62. Private Sales: EarthDollar Parties reserves the right to conduct private sales before and after the public ED Token Sales , in order to pay for marketing, legal, administrative and promotional cost in conducting the ED Token Sales .

63. All Purchases of Earth Dollar (Token) Are Non-Refundable: ALL PURCHASES OF ED TOKEN ARE FINAL. PURCHASES OF ED TOKEN ARE NON-REFUNDABLE. BY PURCHASING ED, THE PURCHASER ACKNOWLEDGES THAT NEITHER EARTDOLLAR PARTIES NOR ANY OTHER OF THE RELATED AFFILIATES ARE REQUIRED TO PROVIDE A REFUND FOR ANY REASON, AND THAT THE PURCHASER WILL NOT RECEIVE MONEY OR OTHER COMPENSATION FOR ANY ED TOKEN THAT IS NOT USED AS DIGITAL-FUEL OR REMAINS UNUSED.

64. Taxation of Earth Dollar (Token) and Taxation Related to the ED Token Sale: EarthDollar Parties makes no representations concerning the tax implications of the sale of ED token or the possession or use of ED. The Purchaser bears the sole responsibility to determine if the purchase of ED token with BTC and other currencies or the potential appreciation or depreciation in the value of ED token over time has tax implications for the Purchaser in the Purchaser’s home jurisdiction.

In purchasing ED, and to the extent permitted by law, the Purchaser agrees not hold any of the EarthDollar Parties liable for any tax liability associated with or arising from the purchase of ED.

RISKS

65. WARNING: DO NOT PURCHASE ED TOKEN IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. THE PURCHASE OF ED TOKEN HAS A NUMBER OF RISKS

66. Risks: Organizations, individuals, and businesses should carefully weigh the risks, costs, and benefits of acquiring the digital-fuel call the Earth Dollar token early in the ED Token Sale versus waiting to purchase ED token on open, third-party exchanges once the system is operational and when they or their businesses actually require the Earth Dollar (Token) to operate.

67. Expertise: Purchases of ED, the Mother Earth Network (Software Platform)’s digital-fuel, should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of cryptographic tokens, like bitcoin (BTC), and blockchain-based software systems. By buying ED tokens you acknowledge that you are an expert in cryptographic tokens. If you do not have such experience or expertise, then you should not purchase ED token or participate in the ED Token Sale . By participating in the ED Token Sale you acknowledge that you are an expert in cryptographic tokens and blockchain-based software.

68. Storage: While the Earth Dollar Team will provide general guidelines for user usage and storage of ED token before the Mother Earth Network (Software Platform) becomes operational, Purchasers should have functional understanding of storage and transmission mechanisms associated with other cryptographic tokens. While the Earth Dollar Team will be available to assist Purchasers of ED token during and after the sale, EarthDollar Parties will not be responsible for lost BTC or ED token or any other currencies or digital tokens or Metal Gold and Silver Earth Dollar Coins resulting from actions taken by, or omitted by Purchasers. Note, in particular, that ED token Purchasers should take great care to write down their wallet password and not lose it so as to be sure that they will be able to access their ED token when it becomes available after the ED Token Sale . We note that wallet password are non-recoverable and therefore extra precaution need to be taken to write down the password and to keep it in a safe place.

69. Pricing Stability: The ED token has two major mechanisms that theoretically stabilizes the ED tokens, however there is no guarantee that there will not be any volatility in pricing. (a) The first mechanism is the assets backing each ED token will have a steady value and, (b) the Mother Earth Network (Software Platform) has a built in Automated Earth Dollar Dynamic Reserve that theoretically stabilizes the ED tokens, however there is no guarantee that there will not be any volatility in pricing. WARNING: CRYPTOGRAPHIC TOKENS OF VALUE MAY EXPERIENCE EXTREME VOLATILITY IN PRICING

70. Pricing Volatility: Any cryptographic tokens that possess value in public markets, such as BTC, have demonstrated extreme fluctuations in price over short periods of time on a regular basis. A Purchaser of ED token should be prepared to expect similar fluctuations, both down and up, in the price of ED token denominated in BTC or United States dollars (“USD”) or other fiat money of other jurisdictions. Such fluctuations are due to market forces and represent changes in the balance of supply and demand. EarthDollar Parties cannot and does not guarantee market liquidity for ED token and therefore there may be periods of time in which ED token is difficult to buy or sell. Additionally, due to different regulatory dictates in different jurisdictions and the inability of citizens of certain countries to open accounts at exchanges located anywhere in the world, the liquidity of ED token may be markedly different in different countries and this would likely be reflected in significant price discrepancies.

71. You Understand Pricing Volatility: By you purchasing ED, you expressly acknowledge and represent that you fully understand that ED token may experience volatility in pricing and will not seek to hold any and of the EarthDollar Parties liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to the sale of ED. Your further fully indemnify EarthDollar Parties from any liability for any losses or any special, incidental, or consequential damages arising from, or in any way connected to the sale of ED.

72. Consultation: The purchase of ED token carries with it a number of risks. Prior to purchasing ED, you should carefully consider the risks listed below and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. If any of the following risks are unacceptable to you, you should not purchase ED. By purchasing ED, and to the extent permitted by law, you are agreeing not to hold any of the EarthDollar Parties liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of ED, including losses associated with the risks set forth below. Your further fully indemnify EarthDollar Parties from any liability for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of ED, including losses associated with the risks set forth below.

73. Certain Risks Associated with the Purchase of Earth Dollar: The purchase of ED token carries with it significant risk. Prior to purchasing ED, the Purchaser should carefully consider the below risks and, to the extent necessary, consult a lawyer, accountant, and/or tax professionals prior to determining whether to purchase ED.

73.1 Risk of Dissolution of The Earth Dollar Project Due To a Diminishment in the Value of the BTC and Other Currencies Sale Revenue: All Purchasers are paying BTC and other currencies to purchase ED. It is possible that the value of BTC and other currencies will drop significantly in the future, depriving EarthDollar Parties of sufficient resources to continue to operate. In order to guard against this risk, EarthDollar Parties intends to periodically convert proceeds from the sale of ED token into fiat currencies ad other liquid assets instead of BTC.

73.2 Risk of Losing Access to Earth Dollar (Token) Due to Loss of a Wallet File or Password: As noted above, ED token will be stored in a wallet, which can only be accessed with a password selected by the Purchaser. If a Purchaser of ED token does not maintain an accurate record of the Purchaser’s password or losses the wallet file sent by EarthDollar Parties in the Purchase Email, this will lead to the loss of ED.

As a result, Purchasers must safely store their password and the wallet file sent in the Purchase Email each in one or more backup locations that are well separated from the primary location. Additionally the password and the wallet should never be stored together.

In order to access one’s ED, both the wallet file provided by the sale application and the password that the Purchaser entered are required; loss of either, or leakage/theft of both, will lead to the loss of a Purchaser’s ED.

73.3 Risk of Unauthorized Access to a Downloaded Wallet: Any third party that gains access to the Purchaser’s Purchase Email will be able to download the wallet file and potentially access the wallet by deciphering or cracking the Purchaser’s password. To guard against any improper access to the wallet, the Purchaser should: (i) select a highly secure Purchase Password for the Purchaser’s ED token wallet; and (ii) promptly delete the Purchase Email shortly after receipt, as expressly required by these Terms.

Purchaser must take care not to respond to any inquiry regarding their purchase of ED, including but not limited to, email requests purportedly coming from the EarthDollar.org or similar looking domain.

73.4 Risk of Regulatory Action in One or More Jurisdictions: Cryptocurrencies have been the subject of regulatory scrutiny by various regulatory bodies around the globe. The Mother Earth Network (Software Platform) and ED token could be impacted by one or more regulatory inquiries or regulatory action, which could impede or limit the ability of EarthDollar Parties to continue to develop the Mother Earth Network (Software Platform).

73.5 Risk of Alternative, Unofficial Earth Dollar Networks: Following the ED Token Sale , and the development of the initial version of the Earth Dollar Protocol and User Clients (i.e., version 1.0), it is possible that alternative unofficial Earth Dollar based networks could be established, which utilize the same open source source code and open source protocol underlying The Mother Earth Network (Software Platform). The official Earth Dollar network may compete with these alternative, unofficial Earth Dollar based networks, which could potentially negatively impact the Mother Earth Network (Software Platform) and ED.

EarthDollar Parties may gain a competitive advantage being the party that developed the Mother Earth Network (Software Platform), but such advantages are far from absolute.

73.6 Risk of Insufficient Interest in the Mother Earth Network (Software Platform) or Distributed Applications: It is possible that the Mother Earth Network (Software Platform) will not be used by a large number of external businesses, individuals, and other organizations and that there will be limited public interest in the creation and development of distributed applications. Such a lack of interest could impact the development of the Mother Earth Network (Software Platform) and potential uses of ED. EarthDollar Parties has contracted with developers to help build the Mother Earth Network (Software Platform) and is working with other third-party developers around the world to create an interest in the Mother Earth Network (Software Platform). However, it cannot predict the success of its own development efforts or the efforts of other third parties.

73.7 Risk Associated With the Development of Other Platforms For Decentralized Applications: EarthDollar Parties is one of several organizations, companies, and groups, attempting to build a platform which would facilitate the creation and deployment of decentralized applications. It is possible that different technical paradigms than the ones being used in the current the Mother Earth Network (Software Platform) implementation are optimal.

While EarthDollar Parties anticipates being a leader in the development of this technology, competition from these alternative platforms for decentralized applications may impact success of the Earth Dollar Project and the ability of EarthDollar Parties to operate and sell ED token in the future.

73.8 Risk that the Mother Earth Network (Software Platform), As Developed, Will Not Meet the Expectations of Purchaser: The Purchaser recognizes that the Mother Earth Network (Software Platform) is presently under development and may undergo significant changes before release. Purchaser acknowledges that any expectations regarding the form and functionality of the Mother Earth Network (Software Platform) held by the Purchaser may not be met upon release of the Mother Earth Network (Software Platform), for any number of reasons including a change in the design and implementation plans and execution of the implementation of the Mother Earth Network (Software Platform).

73.9 Risk that the Mother Earth Network (Software Platform) May Never be Completed or Released: Purchaser understands, that while the Earth Dollar Team will make reasonable efforts to complete the Earth Dollar software, it is possible that an official completed version of the Mother Earth Network (Software Platform) may not be released and there may never be an operational the Mother Earth Network (Software Platform).

73.10 Risk of Theft: Hackers or other groups or organizations may attempt to steal the BTC and other currencies revenue from the ED Token Sale , thus potentially impacting the ability of EarthDollar Parties to develop the Mother Earth Network (Software Platform) and operate EarthDollar Parties. To account for this risk, EarthDollar Parties has and will continue to implement comprehensive security precautions to safeguard the BTC and other currencies obtained from the sale of ED.

Multi-factor security measures will be taken to protect BTC, other currencies and ED token including physical elements, digital security, splitting of funds, hot/cold wallet partitioning and diversification. Moreover, regular security audits of hot and cold wallets will be conducted by internal and external teams.

73.11 Security Weaknesses in the Mother Earth Network (Software Platform) Core Infrastructure Software: The Mother Earth Network (Software Platform) rests on open-source software, and there is a risk that the Earth Dollar Team, or other third parties not directly affiliated with the EarthDollar Parties, may introduce weaknesses or bugs into the core infrastructural elements of the Mother Earth Network (Software Platform) causing the system to lose ED token stored in one or more Purchaser accounts or other accounts or lose sums of other valued tokens issued on the Mother Earth Network (Software Platform).

EarthDollar Parties has taken steps to build, maintain, and secure the infrastructure of the Mother Earth Network (Software Platform), and will continue to do so after the ED Token Sale . For example, EarthDollar Parties intends to hire external consultants on a periodic basis to assess and audit the security of the Mother Earth Network (Software Platform) and will work with cryptography and security experts to develop and employ best practices to audit the Platform.

73.12 Risk of Weaknesses or Exploitable Breakthroughs in the Field of Cryptography: Cryptography is an art, not a science. And the state of the art can advance over time Advances in code cracking, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the Mother Earth Network (Software Platform), which could result in theft or loss of ED. To the extent possible, EarthDollar Parties intends to update the protocol underlying the Mother Earth Network (Software Platform) to account for any advances in cryptography and to incorporate additional security measures, but cannot it cannot predict the future of cryptography or the success of any future security updates.

73.13 Risk of Earth Dollar (Token) Farming Attacks: As with other cryptocurrencies, the blockchain used for the Mother Earth Network (Software Platform) is susceptible to farming attacks, including but not limited to double-spend attacks, majority farming power attacks, “selfish-farming” attacks, and race condition attacks. Any successful attacks present a risk to the Mother Earth Network (Software Platform), expected proper execution and sequencing of ED token transactions, and expected proper execution and sequencing of contract computations. EarthDollar Parties intends to limit the risk of farming attacks by creating a blockchain proof- of-work security algorithm using a unique implementation of a GHOST-like protocol and possibly an implementation of hybrid proof-of-stake that could reduce the risk of farming attacks. Despite the efforts of the Earth Dollar Team, known or novel farming attacks may be successful.

73.14 Risk of Rapid Adoption and Increased Demand for ED: If the Mother Earth Network (Software Platform) is rapidly adopted, the demand for ED token could rise dramatically and at a pace that exceeds the rate with which ED token miners can create new ED tokens. Under such a scenario, the entire the Mother Earth Network (Software Platform) could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Earth Dollar Project and ED.

Instability in the demand for ED token leading to oscillations and instability in the price of ED token as denominated in currencies that Earth Dollar based businesses use to pay operating costs could result in Earth Dollar based businesses being unable to continue to operate economically. This would represent losses to businesses or worst case, cause business to cease operations.

73.15 Risk of Rapid Adoption and Insufficiency of Computational Application Processing Power on the Earth Dollar Network: If the Mother Earth Network (Software Platform) is rapidly adopted, the demand for transaction processing and distributed application computations could rise dramatically and at a pace that exceeds the rate with which ED token farmers can bring online additional farming power. Under such a scenario, the entire the Mother Earth Network (Software Platform) could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the Earth Dollar Project and ED.

Insufficiency of computational resources and an associated rise in the price of ED token could result in businesses being unable to acquire scarce computational resources to run their distributed applications. This would represent revenue losses to businesses or worst case, cause businesses to cease operations because such operations have become uneconomical due to distortions in the crypto-economy.

MISC

74. Privacy: Although EarthDollar Parties requires that Purchasers provide an email address, EarthDollar Parties will not publish any identifying information related to an ED token purchase, without the prior written consent of the Purchaser.

Purchasers may be contacted by email by EarthDollar Parties regarding a purchase. Such emails will be informational only. EarthDollar Parties will not request any information from Purchasers in an email.

75. Indemnification: As set forth further below, you further represent and warrant that, to the extent permitted by law, you are authorized to purchase ED token in your relevant jurisdiction, are of a legal age to be bound by these Terms, and will not hold and further indemnify the EarthDollar Parties, including but not limited to the Earth Dollar Association, its parent and affiliates, and the officers, directors, agents, joint ventures, employees and suppliers of the EarthDollar Parties or our parent or affiliates, now or in the future and any other member of the Earth Dollar Team liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to the sale or use of ED.

76. Disclaimer of Warranties: THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING ED TOKEN AT THE PURCHASER’S SOLE RISK AND THAT ED TOKEN IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED).

WITHOUT LIMITING THE FOREGOING, NONE OF THE EARTHDOLLAR PARTIES WARRANT THAT THE PROCESS FOR PURCHASING ED TOKEN WILL BE UNINTERRUPTED OR ERROR-FREE.

77. Limitations Waiver of Liability: THE PURCHASER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO USE OF, OR INABILITY TO USE, ED TOKEN OR THE MOTHER EARTH NETWORK (SOFTWARE PLATFORM) UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NONE OF THE EARTHDOLLAR PARTIES SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, ED.

THE PURCHASER FURTHER SPECIFICALLY ACKNOWLEDGES THAT EARTHDOLLAR PARTIES PARTIES ARE NOT LIABLE, AND THE PURCHASER AGREES NOT TO SEEK TO HOLD ANY OF THE EARTHDOLLAR PARTIES PARTIES LIABLE, FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER PURCHASERS OF ED, AND THAT THE RISK OF PURCHASING AND USING ED TOKEN RESTS ENTIRELY WITH THE PURCHASER .

TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL ANY OF THE EARTHDOLLAR PARTIES PARTIES BE LIABLE TO ANY PURCHASER FOR MORE THAN THE AMOUNT THE PURCHASER HAVE PAID TO EARTHDOLLAR PARTIES FOR THE PURCHASE OF ED.

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO A PURCHASER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY PURCHASER OR EXCLUDE INJURY ARISING FROM ANY WILLFUL MISCONDUCT OR FRAUD OF EARTHDOLLAR PARTIES.

78. Jurisdiction. These Terms shall be construed by and governed in accordance with the laws of Switzerland and each party irrevocably agrees to the jurisdiction of the arbitrators and courts of Switzerland. The legal entity conducting the ED Token Sale, Earth Dollar Association is organized under the laws of Switzerland.

79. Disputes Resolution by Binding Arbitration. Jury Trial Waiver; Class Action Waiver; Limitation of Time. For any and all controversies, disputes, demands, claims, or causes of action between you and us (including the interpretation and scope of this Section and the arbitrability of the controversy, dispute, demand, claim, or cause of action) relating to ED token or these Terms or EarthDollar Parties’s sale of ED token or use of the Mother Earth Network (Software Platform) (as well as any related or prior agreement that you may have had with us), you and we agree to resolve any such controversy, dispute, demand, claim, or cause of action exclusively through binding and confidential arbitration, settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with said Rules. All claims between the parties relating to these Terms that are capable of being resolved by arbitration, whether sounding in contract, tort, or otherwise, shall be submitted to ICC arbitration.

Prior to commencing arbitration, the parties have a duty to negotiate in good faith and attempt to resolve their dispute in a manner other than by submission to ICC arbitration.

The arbitration panel shall consist of one arbitrator only, unless the ICC Court of Arbitration determines that the dispute is such as to warrant three arbitrators. If the Court determines that one arbitrator is sufficient, then such arbitrator shall be selected from Switzerland. If the Court determines that three arbitrators are necessary, then each party shall have 30 days to nominate an arbitrator of its choice — in the case of the Claimant, measured from receipt of notification of the ICC Court’s decision to have three arbitrators; in the case of Respondent, measured from receipt of notification of Claimant’s nomination. All nominations must be from Switzerland. If a party fails to nominate an arbitrator, the Court will do so. The Court shall also appoint the chairman.

All arbitrators shall be and remain “independent” of the parties involved in the arbitration. The place of arbitration shall be fixed by the ICC Court, but the arbitral tribunal may conduct hearings, meetings, and deliberations at any location it considers appropriate. The language of the arbitration shall be English. In deciding the merits of the dispute, the tribunal shall apply the laws of Switzerland and any discovery shall be limited and shall not involve any depositions or any other examinations outside of a formal hearing. The tribunal shall not assume the powers of amiable compositeur or decide the case ex aqueqo et bono.

In the final award, the tribunal shall fix the costs of the arbitration and decide which of the parties shall bear such costs in what proportion. Every award shall be binding on the parties. The parties undertake to carry out the award without delay and waive their right to any form of recourse against the award in so far as such waiver can validly be made.

You should review this provision carefully. To the extent permitted by applicable law, you are GIVING UP YOUR RIGHT TO GO TO COURT to assert or defend your rights. Additionally, notwithstanding this agreement to arbitrate, claims of defamation, and infringement or misappropriation of the other party’s patent, copyright, trademark, or trade secret shall not be subject to this arbitration agreement. Such claims shall be exclusively brought in the courts located in Switzerland. Additionally, notwithstanding this agreement to arbitrate, you or we may seek emergency equitable relief before the courts located in Switzerland in order to maintain the status quo pending arbitration and hereby agree to submit to the exclusive personal jurisdiction of the courts located within Switzerland for such purpose. A request for interim measures shall not be deemed a waiver of the right to arbitrate.

Your rights will be determined by a NEUTRAL ARBITRATOR and NOT a judge or jury. You are entitled to a FAIR HEARING, BUT the arbitration procedures may be SIMPLER AND MORE LIMITED THAN RULES APPLICABLE IN COURT. Arbitrators’ decisions are as enforceable as any court order and are subject to VERY LIMITED REVIEW BY A COURT.

You and we must abide by the following rules: (a) ANY CLAIMS BROUGHT BY YOU OR US MUST BE BROUGHT IN THE PARTY’S INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING; (b) THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING, AND MAY NOT AWARD CLASS-WIDE RELIEF; (c) in the event that you are able to demonstrate that the costs of arbitration will be prohibitive as compared to the costs of litigation, we will pay as much of your filing and hearing fees in connection with the arbitration as the arbitrator deems necessary to prevent the arbitration from being cost-prohibitive as compared to the cost of litigation, (d) we also reserve the right, in our sole and exclusive discretion, to assume responsibility for any or all of the costs of the arbitration; (e) the arbitrator will honor claims of privilege and privacy recognized at law; (f) the arbitration will be confidential, and neither you nor we may disclose the existence, content, or results of any arbitration, except as may be required by applicable law or for purposes of enforcement of the arbitration award; (g) subject to the limitation of liability provisions of these terms, the arbitrator may award any individual relief or individual remedies that are expressly permitted by applicable law; and (h) you and we will pay our respective attorneys’ fees and expenses, unless there is a statutory provision that requires the prevailing party to be paid its fees and litigation expenses and the arbitrator awards such attorneys’ fees and expenses to the prevailing party, and, in such instance, the fees and costs awarded will be determined by the applicable law.

This Section will survive termination of your account and these Terms as well as any voluntary payment of any debt in full by you or any bankruptcy by you or us. With the exception of subparts (a) and (b) above of this Section (prohibiting arbitration on a class or collective basis), if any part of this arbitration provision is deemed to be invalid, unenforceable, or illegal, or otherwise conflicts with the Rules and Procedures, then the balance of this arbitration provision will remain in effect and will be construed in accordance with its terms as if the invalid, unenforceable, illegal or conflicting part was not contained herein. If, however, either subpart (a) or (b) above of this Section is found to be invalid, unenforceable, or illegal, then the entirety of this arbitration provision will be null and void, and neither you nor we will be entitled to arbitration. If for any reason a claim proceeds in court rather than in arbitration, the dispute shall be exclusively brought in courts located in Switzerland.

YOU AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS MUST BE FILED WITHIN ONE (1) YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION AROSE OR IT WILL BE FOREVER BARRED.

80. Force Majeure: EarthDollar Parties is not liable for failure to perform solely caused by: unavoidable casualty, delays in delivery of materials, embargoes,

government orders, acts of civil or military authorities, acts by common carriers, emergency conditions (including weather conditions) incompatible with safety or good quality workmanship, or any similar unforeseen event that renders performance commercially implausible.

If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the Agreement, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.

81. Complete Agreement: These Terms along with the Earth Dollar (Token) Product Purchase Agreement, sets forth the entire understanding between each Purchaser and EarthDollar Parties with respect to the purchase and sale of ED.

For facts relating to the sale and purchase, the Purchaser agrees to rely only on these two Agreements in determining purchase decisions and understands that these Agreements govern the sale of ED token and supercede any public statements about the ED Token Sale made by third parties or by Earth Dollar (Token) Team or individuals associated with any EarthDollar Parties, past and present and during the ED Token Sale .

82. Severability: The Purchaser and EarthDollar Parties agree that if any portion of these Terms or the Earth Dollar (Token) Product Purchase Agreement is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms or Earth Dollar (Token) Product Purchase Agreement, which shall continue to be in full force and effect.

83. No Waiver: The failure of EarthDollar Parties to require or enforce strict performance by the Purchaser of any provision of these Terms or the Earth Dollar (Token) Product Purchase Agreement or EarthDollar Parties’s failure to exercise any right under these agreements shall not be construed as a waiver or relinquishment of EarthDollar Parties’s right to assert or rely upon any such provision or right in that or any other instance.

The express waiver by EarthDollar Parties of any provision, condition, or requirement of these Terms or the Earth Dollar (Token) Product Purchase Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement.

Except as expressly and specifically set forth in this these Terms, no representations, statements, consents, waivers, or other acts or omissions by EarthDollar Parties shall be deemed a modification of these Terms nor be legally binding, unless Agreed in physical writing, hand signed by the Purchaser and a duly appointed officer of EarthDollar Parties.

84. Updates to the Terms and Conditions of the ED Token Sale: EarthDollar Parties reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms and Earth Dollar (Token) Product Purchase Agreement, at any time during the sale by posting the amended Terms on the Earth Dollar Website (https://www.EarthDollar.org). Any Purchaser will be deemed to have accepted such changes by purchasing ED.

The Terms may not be otherwise amended except in a signed writing executed by both the Purchaser and EarthDollar Parties. For purposes of this agreement, “writing” does not include an e-mail message and a signature does not include an electronic signature.

If at any point you do not agree to any portion of then-current version of the Terms, you should not purchase ED.

To the extent the Terms conflict with the Earth Dollar (Token) Product Purchase Agreement, the Terms shall govern.

85. Cooperation with Legal Authorities: EarthDollar Parties will cooperate with all law enforcement inquiries, subpoenas, or requests provided they are fully supported and Agreed by the law in the relevant jurisdictions. In accord with one of the core principles of the Earth Dollar project — transparency — EarthDollar Parties will endeavor to publish any legal inquiries upon receipt.

86. Further Information: For further information regarding the Earth Dollar (Token) sale, please contact helpdesk@EarthDollar.org.

87. Language: All communications and notices to be made or given pursuant to these Terms must be in the English language. If we provide a translation of the English language version of these Terms, the English language version of the Agreement will control if there is any conflict.

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Appendix A

The baseline retail price (the “Retail Price”) of ED token will be set by EarthDollar Parties at:

Timeframe

BTC Euros Discount from Full Value of Assets
Day 1 to 15 (1 BTC = $778 ED) 0.001350 BTC 0.50 95.00%
Day 16 to 30 0.001750 BTC 0.66 93.40%
Day 31 to 60 0.002280 BTC 0.88 91.20%
Day 61 to 90 0.003100 BTC 1.19 88.10%
Day 91-120 0.005800 BTC 2.23 77.70%
After Day 120 0.005800 BTC 2.24 77.60%
Full launch (Fall 2016) – estimated price 0.012888 BTC 5.00 50.00%
Full value ($10.00 USD of assets backing each $1 ED) 0.025888 BTC 10.00 0%

EarthDollar Parties will not place a cap on the number of ED token that can be purchased by the community. EarthDollar Parties reserves the right to change the duration of any affected discounting period for any reason, including the unavailability of the website https://www.EarthDollar.org or other unforeseen procedural or security issues.

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Version 2.7, April 26, 2016

  • Living Economy

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    The Earth Dollar Team is looking for content contributors and collaborators. The Living Economy is a reference of ideas, concepts, examples, and up-to-date news on information regarding the a global economic system aligned to the values of inclusion, transparency, thrive-ability, sustainability, community and ecology with the people and the planet.

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