Commerce Coin presents a solution to the lack of liquidity & useability of cryptocurrency in traditional markets. The COM-Blockchain is specifically tailored for commerce, and can handle higher volumes of transactions per second than most of the existing blockchains. We are currently building the gateway between mainstream commerce and COM.
COM-Blockchain leverages BitMatrix, a Blockchain as a Service solution focused on maximum transactional scalability & efficiency.
Due to BitMatrix's distributed Node architecture, AES256 bit encryption, rapid blockchain block validation and confirmation algorithm, The COM-Blockchain promises an incredibly secure and stable platform.
With a core focus on commerce, there is a fundamental necessity for scalability. COM-Blockchain is being built to handle high-volume of transactions.
Decentralized Applications (dApps) developed on the platform will utilize COM as a primary method of payment. Whether its for buying products or services online, or traditional in-store purchasing, COM-Blockchain can facilitate all stages of the supply chain.
COM Payment Gateway allows online stores to accept COM as a currency for purchasing online.
Point of Sales System
COM POS (Point of Sales System) provides brick-and-mortar stores the ability to accept COM seamlessly.
Public, Team, Partners and Rewards
TOTAL SUPPLY: 20 000 000 (million) COM
CROWDSALE ALLICATION: 12 000 000 (million) COM
Current phase: Presale
Rate: 1500 COM to 1 ETH
Tokens remaining: ~999 000
We are in partnership with PreICO.io for Community Sale phase; please signup at https://preico.io to get your hands on COM.
PLEASE READ THE PURCHASE AGREEMENT, AND CONFIRM THE FACTS IN THE CHECKBOXES BELOW IN ORDER TO PROCEED.
Last Updated: September 6, 2017
This Commerce Coin (COM) Token Purchase Agreement (this “Agreement”) contains the terms and conditions that govern your use of the Commerce Coin (COM) distribution smart contract (the “COM Distribution Contract”); use of the related ERC-20 COM token smart contact (the “COM Token Contract”); and purchase of the related ERC-20 compatible tokens distributed on the Ethereum blockchain (the “COM Tokens”) and is an agreement between you or the entity that you represent (“Buyer” or “you”) and Commerce Coin (“Commerce Coin,” together with its parent company, subsidiaries and affiliates, “Company”). Buyer, Commerce Coin and Company are herein referred to individually as a “Party” and collectively, as the “Parties”.
NOW, THEREFORE, in consideration of the mutual representations, warranties and agreements contained in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Company and Buyer hereby agree as follows:
IMPORTANT INFORMATION: PLEASE READ THIS AGREEMENT CAREFULLY AND IN ITS ENTIRETY.
Buyer acknowledges, understands and agrees to the following:
MATTERS RELATING TO COMMERCECOIN.COM, COM-BLOCKCHAIN SOLUTION AND COM PLATFORM:
Commerce Coin is developing the COM-Blockchain solution (the “COM-Blockchain Solution”) as further described on the CommerceCoin.com website (as it may be amended from time to time); at the end of its development stage, Commerce Coin will be releasing the COM-Blockchain Solution it has developed.
NO U.S. OR CHINESE BUYERS: COM Tokens are not being offered or distributed to U.S. persons (as defined below) or Chinese persons (as defined below). If you are citizen, resident of, or a person located or domiciled in, the United States of America including its states, territories or the District of Columbia or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of the United States of America, any state or territory thereof or the District of Columbia (a “U.S. person”), or if you are citizen, resident of, or a person located or domiciled in, or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of the People’s Republic of China, do not purchase or attempt to purchase COM Tokens (a “Chinese person”).
NOT A PURCHASE OF COM-BLOCKCHAIN PLATFORM TOKENS. COM Tokens purchased under this Agreement are not tokens on the COM Platform. Buyer acknowledges, understands and agrees that Buyer should not expect and there is no guarantee or representation made by Company that Buyer will receive any other product, service, rights, attributes, functionalities, features or assets of any kind whatsoever, including, without limitation, any cryptographic tokens or digital assets now or in the future whether through receipt, exchange, conversion, redemption or otherwise.
PURCHASE OF COM TOKENS ARE NON-REFUNDABLE AND PURCHASES CANNOT BE CANCELLED.
ACCEPTANCE OF AGREEMENT AND PURCHASE OF COM TOKENS
1.1. This Agreement shall be effective and binding on the Parties when Buyer: (a) clicks the check box on the official https://CommerceCoin.io or https://CommerceCoin.com/ website (the “Website”) to indicate that Buyer has read, understands and agrees to the terms of this Agreement; or, if earlier (b) upon Company’s receipt of payment from Buyer. Buyer agrees to be bound on this basis, and confirms that Buyer has read in full and understands this Agreement and the terms on which Buyer is bound.
Company’s Use of Proceeds.
Buyer acknowledges and understands that the proceeds from the sale of the COM Tokens will be utilized by Company in its sole discretion.
COM TOKEN DISTRIBUTION
2.1. Allocation and Distribution of COM Tokens. Commerce Coin intends to allocate and distribute COM Tokens (the “COM Token Distribution”) in accordance with the material specifications as set forth in Exhibit A to this Agreement which includes details regarding the timing (the “COM Distribution Period”) and pricing of the COM Token Distribution and the amount of COM Tokens that will be distributed. During the COM Distribution Period, Commerce Coin will provide specific procedures on how Buyer should purchase COM Tokens through the official Website. By purchasing COM Tokens, Buyer acknowledges and understands and has no objection to such procedures and material specifications. Failure to use the official Website and follow such procedures may result in Buyer not receiving any COM Tokens. The access or use of the COM Distribution Contract, access or use of the COM Token Contract and/or the receipt or purchase of COM through any other means other than the official Website, or representative websites, are not sanctioned or agreed to in any way by the Commerce Coin Parties. Buyer should take great care that the website used to purchase COM Tokens has the following universal resource locator (URL): https://CommerceCoin.com/.
2.2. No U.S. or Chinese Buyers.
The COM Tokens are not being offered to U.S. persons or Chinese persons. U.S. persons and Chinese persons are strictly prohibited and restricted from using the COM Distribution Contract, using the COM Token Contact and/or purchasing COM Tokens and Company is not soliciting purchases by U.S. persons or Chinese persons in any way. If a U.S. person or a Chinese person uses the COM Distribution Contract, uses the COM Token Contract and/or purchases COM Tokens, such person has done so and entered into this Agreement on an unlawful, unauthorized and fraudulent basis and this Agreement is null and void. Company is not bound by this Agreement if this Agreement has been entered into by a U.S. person or a Chinese person as Buyer or Buyer has entered into this Agreement or has purchased COM Tokens on behalf of a U.S. person or a Chinese person, and Company may take all necessary and appropriate actions, in its sole discretion, to invalidate this Agreement, including referral of information to the appropriate authorities. Any U.S. person or Chinese person who uses the COM Distribution Contract, uses the COM Token Contract and/or purchases COM Tokens or enters this Agreement on an unlawful, unauthorized or fraudulent basis shall be solely liable for, and shall indemnify, defend and hold harmless Commerce Coin and Commerce Coin’s respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (collectively, the “Commerce Coin Parties”) from any damages, losses, liabilities, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive or special and including, without limitation, any loss of business, revenues, profits, data, use, goodwill or other intangible losses (collectively, the “Damages”) incurred by a Commerce Coin Party that arises from or is a result of such U.S. person’s or Chinese person’s unlawful, unauthorized or fraudulent use of the COM Distribution Contract, unauthorized use of the COM Token Contract and/or the receipt or purchase of COM Tokens.
TOTAL SUPPLY: 20 000 000
PUBLIC TOKEN DISTIRBUTION - 60% - 12 000 000
BOUNTIES & AIRDROPS/REWARDS - 10% - 2 000 000
PARTNERS & ADVISORS - 10% - 2 000 000
TEAM & COMPANY - 20%- 4 000 000
COM TOKEN DISTRIBUTION
12 Million (12,000,000) COM Tokens will be distributed according to the schedule below:
1,000,000 COM Tokens (5% of the total amount of COM Token) will be distributed during a private Community Sale, until completion, at an 80% bonus.
4,000,000 COM tokens (20% of the total amount of COM tokens) will be distributed post Stage 1, until completion, at a 60% bonus.
2,000,000 COM tokens (10% of the total amount of COM tokens) will be distributed post Stage 2, until completion, at a 40% bonus.
2,000,000 COM tokens (10% of the total amount of COM tokens) will be distributed post Stage 3, until completion, at a 20% bonus.
The remaining 3,000,000 COM tokens will be distributed at a bonus of 20%, until the end of the token distribution.