This Agreement is made between you and Huobi Global Limited (hereinafter referred to as “We”) regarding your application to become our “Recommendation Organization” for the proposed project on Huobi Autonomous Digital Asset Exchange platform (hereinafter referred to as “HADAX Platform” at www.hadax.com) for recommendation and voting.
- Please read carefully and fully understand the contents of the terms of this Agreement, in particular the corresponding terms of restrictions and disclaimers of liability, as well as the separate agreement or special terms for opening or using a service, and choose to accept or not. The restrictions and disclaimers terms may remind you of them in bold form.
- You agree that you have the obligation to keep confidential the contents concerning the parties, this Agreement and the confidentiality required for this cooperation. This confidentiality obligation shall not be terminated by the termination of the Agreement. If you violate your confidentiality obligation and bring us any losses, you shall be liable for full compensation.
- If we make any change to this Agreement, we will inform you through website announcement, email, WeChat, etc. Unless you clearly express to us that you do not accept the change in writing within five days, the change will take effect from the date of issuance. If you do not accept the change, we have the right to refuse to continue to provide this Service to you.
- This Agreement may be written in more than one languages, including Chinese version and English version. In case of any inconsistency or conflict among versions in different languages, the Chinese version shall prevail.
- In order to use this Service, you must apply for qualification certification of your platform account. You will not be eligible to use this Service until you have completed your qualification certification, otherwise we have the right to refuse to provide this Service to you.
- In order to complete the qualification certification, you need to submit the qualification certification materials according to the requirements of this Agreement or the requirements that we may revise from time to time. If you fail to submit relevant materials and information according to the above requirements or the submitted materials and information are incomplete, we have the right to request you to continue to provide or complete. If you still refuse to provide or supplement, you will not be able to complete the qualification certification of the Platform Account.
- We have the right to review the registration materials and information submitted by you and decide whether to approve it according to our own judgment. After approval, you will obtain the special platform account of recommendation organizations and have the right to use this Service.
- After we have completed reviewing the registration materials and information submitted by you, you have the right to apply to open a voting account dedicated to the recommending organizations, which holds the deposit you submitted to us.
- The deposit is the only proof of your eligibility to apply to become a recommendation organization, and it is also your sincere guarantee to participate in the HADAX Platform for Project Recommendation and Voting.
- Voting accounts cannot be traded and can only be used for voting.
- You can recharge the voting account with a minimum of 500,000 (500 thousand) Huobi Token (Huobi Token，hereinafter referred to as HT for short) as the deposit. Otherwise, you cannot become a recommendation organization.
Project Recommendation and Voting
- After becoming a recommendation organization, you have the right to recommend all projects that apply to be launched on HADAX Platform, but you can recommend up to two projects per round.
- After becoming a recommendation organization,you have the right to vote on HADAX Platform.
- After one or more votes, if your deposit is less than 100,000 HT, we will suspend your voting eligibility until you make up the deposit to not less than 500,000 HT.
- Before each vote, you have the right to evaluate the projects recommended by other recommendation organizations.
- We have the right to determine our ratings for you and other recommendation organizations based on the results of your mutual evaluation of the projects recommended by you and other recommendation organizations.
- We have the right to publish the rating results of you and other recommendation organizations.
- You authorize us to display your name, logo, profile and the like on the project recommendation and voting page.
- This Agreement is valid for six months, counting from the date when you meet the standards of the aforesaid recommendation organization.
- We have the right to decide whether to terminate or renew this Agreement with you based on your rating results.
- Within three working days from the date of termination of the Agreement, we can help you to recover all your remaining deposit.
- If you violate laws and regulations, or violate the Agreement, we have the right to terminate this Agreement in advance and investigate your liability for breach of contract.
- If you wish to terminate this Agreement in advance, we can permit it, but you shall continue to assume independent and irrevocable responsibility for the recommendation and voting during the validity period of this Agreement.
- Any dispute arising from or in connection with this Agreement shall be settled through friendly negotiation between you and us. If the negotiation fails, you and we both agree to submit it to the Hong Kong International Arbitration Center for arbitration and agree to arbitrate according to the arbitration rules in effect at that time.
- You and we have chosen to be bound by Hong Kong law and interpret this Agreement in accordance with Hong Kong law.
- The final interpretation of this Agreement shall be owned by us.