Legal Policy & Compliance
1) Company Information
This website (the “Website”) is operated by Elysium Enterprise Ltd., incorporated in Seychelles (the “Company”, “we”, “us”, “our”).
Official contact for legal & compliance communications: info@investingyachts.com
2) Binding Terms — Acceptance by Use and Token Activity
By accessing or using this Website (including any content, links, forms, or features) and/or by purchasing, acquiring, holding, transferring, locking, staking, or otherwise using any token associated with our ecosystem (including “$YATE”, the “Token”), you confirm that you have read, understood, and agree to be legally bound by this Legal & Compliance section and any additional terms, notices, and policies published on this Website (collectively, the “Terms”).
If you do not agree to these Terms, you must not use this Website and must not acquire or use the Token.
3) No Offer, No Prospectus, No Regulated Activity
The Website and its content are provided for information purposes only. Nothing on this Website constitutes, or should be construed as, an offer to sell or a solicitation of an offer to buy any securities, shares, financial instruments, investment products, or regulated services in any jurisdiction.
This Website is not a prospectus or offering memorandum and has not been reviewed, registered, or approved by any regulator or authority. You acknowledge that you may not have the same protections that would apply to regulated financial products.
4) No Advice — Independent Verification Required
Nothing on this Website constitutes legal, tax, financial, investment, or other professional advice. You must seek independent professional advice and conduct your own due diligence before making any decision related to digital assets, blockchain technology, or tokens. You should not rely on the Website as the basis for any decision.
5) High-Risk Warning — Volatility, Illiquidity, Total Loss
Digital assets are highly speculative and extremely volatile. The Token’s price can fluctuate materially and may become illiquid. You can lose some or all of the money you spend acquiring the Token, including a total loss.
Acquiring or holding the Token may not be suitable for you. Only participate if you fully understand the risks and can afford to lose your entire contribution.
6) No Guarantee of Utility, Returns, Distributions, or Listings
The Token and the ecosystem may be experimental and may not achieve any intended functionality. Any references to benefits, incentives, rewards, distributions, profit-sharing, yields, “buyback & burn”, “NAV floors”, asset-related narratives, or similar concepts are not guaranteed and may be changed, delayed, suspended, or discontinued at any time.
There is no guarantee that the Token will be listed or remain listed on any exchange (centralized or decentralized), that any market will exist, or that liquidity will be available.
7) Not a Share; No Ownership; No Dividends; No Claims
Unless explicitly set out in binding legal documentation signed by the Company, the Token does not:
- represent equity, ownership, or shares in the Company or any affiliated entity;
- grant voting rights, dividends, interest, or any legal entitlement to profits;
- create any debt, claim, lien, or right to any assets (including yachts) or revenues; or
- provide any guaranteed redemption or repurchase right.
You should not acquire the Token with an expectation of profit solely from the efforts of others.
8) Restricted Persons and Jurisdictional Restrictions
The Website and Token-related activities may be restricted or prohibited in certain jurisdictions. You are solely responsible for ensuring compliance with laws applicable to you.
We may use geoblocking, wallet screening, and other controls. Any attempt to bypass restrictions (including via VPNs, proxies, or nominee arrangements) is prohibited.
9) KYC/AML, Sanctions Screening, and Compliance Measures
We may implement risk-based compliance controls, including identity verification (KYC), AML/CTF checks, sanctions screening, wallet/address checks, and transaction monitoring. We may request documentation at any time and may delay, suspend, refuse, or terminate access to certain features or Token-related activities until verification is completed to our satisfaction.
We may freeze, block, or restrict access, addresses, or transactions when required by law, requested by competent authorities, or reasonably suspected to involve fraud, theft, illicit activity, money laundering, or sanctions evasion.
10) Governance, Controls, and Insurance
As part of its governance and risk management framework, the Company intends to implement internal policies and controls appropriate for operating a real-world charter business and a token ecosystem. These may include measures designed to reduce fraud, manage conflicts of interest, strengthen operational resilience, and support compliance where applicable.
The Company maintains Directors & Officers (D&O) liability insurance, intended to protect directors, officers, and certain key executives against certain claims arising from alleged wrongful acts in the performance of managerial duties, subject to policy terms, limits, conditions, and exclusions. Coverage may include the advancement or reimbursement of defense costs and certain settlements or civil liabilities, to the extent permitted by law.
11) Technology, Smart Contract, and Cybersecurity Risks
Blockchain technology involves material risks, including smart contract bugs, exploits, chain reorganizations, network congestion, oracle failures, validator attacks, and failures of third-party infrastructure (exchanges, bridges, custodians, nodes, hosting providers). Private key compromise, phishing, malware, and user error can result in irreversible loss of tokens or funds.
You are solely responsible for maintaining the security of your wallets, private keys, and credentials.
12) Forward-Looking Statements
The Website may contain forward-looking statements and projections. These are subject to risks and uncertainties and may change without notice. Actual results may differ materially. We undertake no obligation to update statements except as required by law.
13) Taxes
Tax treatment of tokens varies significantly by jurisdiction and circumstances. You are solely responsible for determining whether taxes apply to you and for reporting and paying any taxes related to acquiring, holding, transferring, staking/locking, claiming rewards, or receiving any distributions.
14) Intellectual Property
All Website content, trademarks, logos, and materials are owned by the Company or its licensors. No license is granted except as explicitly stated in writing by the Company. Unauthorized use is prohibited.
15) Limitation of Liability
To the maximum extent permitted by law, the Company and its directors, officers, employees, advisors, affiliates, and service providers shall not be liable for any direct or indirect loss, including loss of profits, loss of data, loss of goodwill, or consequential damages arising out of or related to:
- the Website or its content;
- Token acquisition, holding, transfer, staking/locking, or use;
- price volatility, illiquidity, delisting, or market disruptions;
- smart contract, blockchain, cybersecurity, or third-party failures; or
- any suspension, modification, or discontinuation of features.
Some jurisdictions do not allow certain limitations; in those cases, liability will be limited to the maximum extent permitted.
16) Indemnity
You agree to indemnify and hold harmless the Company, its directors, officers, employees, advisors, affiliates, and service providers from and against any claims, liabilities, damages, losses, and expenses arising out of or related to your use of the Website, your breach of these Terms, or your violation of any law or third-party rights.
17) Changes, Severability, Entire Agreement
We may update these Terms at any time by posting an updated version on the Website. Your continued use constitutes acceptance of the updated Terms.
If any provision is found invalid or unenforceable, the remaining provisions remain in full force and effect.
These Terms constitute the entire agreement regarding your use of the Website and supersede any prior communications on the subject.
18) Governing Law and Dispute Resolution
Unless otherwise required by mandatory laws applicable to you, these Terms shall be governed by the laws of Seychelles, and disputes shall be subject to the competent courts of Seychelles.
19) Contact
For legal, compliance, or official communications: info@investingyachts.com