Ommyo Service Agreement

This Agreement is entered into between you (hereinafter referred to as “Member”) and Ommyo.net By accessing, downloading, using or clicking on “I agree” to accept any Services provided by OMMYO (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in this Agreement. This Agreement comprises this Service Agreement and incorporates by reference the attached Code of Conduct and Social Media Guidelines, all of which together comprise this Agreement (hereinafter referred to as “Agreement”). OMMYO has agreed to provide services to the Member on the terms and conditions set out in this Agreement, and Member considers that Ommyo has the proper and necessary qualifications, experience and abilities to provide services to Member. Therefore, in consideration of the matters described above, the receipt and sufficiency of which consideration is hereby acknowledged, the Member and Ommyo agree as follows:

Scope of Work

Ommyo is to provide the Member with the following services (the “Services”):

• Through the acquisition of a membership via the Member’s computer or Internet compatible devices for the Member’s personal/internal purposes, the Member shall be granted a membership which is revocable, limited, non-exclusive and non-transferable (other than as a result of the death of the member and any relevant will or probate processes in the member’s country).


• OMMYO’s Services herein are a membership, and the membership includes only education, membership rewards, and such optional products or services to which OMMYO may introduce to Member, as specified below.


• OMMYO will provide educational resources such as text, graphics, photos, audio and video files, virtual live training, and documents for the Member. The educational resources provided shall be subject to availability, and shall focus primarily on cryptocurrency and blockchain education, terminologies and concepts, and the Member is expressly prohibited to use these resources for resale or commercial purposes. Beginner education resources begin at the 150 OUSD membership level, Intermediate education resources begin at the 450 OUSD membership level, and Advanced education resources begin at the 1500 OUSD membership level.


• Provided that Member constantly complies with the express terms and conditions stated in this Agreement, Member shall receive rewards (hereinafter known as “OMMYO”) from Ommyo Platform on a periodic basis. The expected Rewards are estimated to be between 0.3% and 0.6% (as determined by OMMYO in its sole discretion) of the Member’s membership amount in OMMYO, equivalent to USDT, per 24-hour period, to commence the day following membership acquisition based on UAE Time. Memberships begin at a minimum of 150 OUSD, as exchanged from Member’s 150 USDT, and come in increments of 450, 900, 1500 and 2700 OUSD and multiples thereafter to 60,00 OUSD. As rewards are earned, they may be left on account, redeemed, or they may be used to obtain or extend membership of by contributing 60 OUSD, known as a “Rebuy” and available only from earned rewards. This will enable the Member to accumulate Rewards, acquire additional memberships at their discretion, or to redeem specified cryptocurrency tokens or vouchers through Ommyo’s platform, or other third-party platforms as may be designated by Ommyo in its sole discretion.


• A Member can decide to redeem rewards with Ommyo tokens through OMMYO’s platform, Member recognizes that with OMMYO is allowing Member to redeem rewards for designated tokens, and that OMMYO may determine which such tokens shall be available and how they may be offered to Members. The decision of which tokens and for how long they will be offered for redemption of OUSDT for tokens shall be at the sole discretion of OMMYO. Redemption of OMMYO rewards to tokens shall be based on the external market price recorded in Ommyo.Net, or OMMYO Metaverse system for that cryptocurrency compared to USDT. OMMYO and Member recognize that cryptocurrency tokens are subject to significant price fluctuations due to market unpredictability. Member recognizes that token prices may rise or fall from time of redemption to the Member’s own exchange of that token on the Member’s chosen external exchange. Ommyo.Net, or OMMYO Metaverse does not bear any liability or responsibility for the price fluctuation of the released tokens.


• At the sole discretion of Ommyo, Ommyo may introduce to the Member access to additional services beyond the education and membership rewards offered by OMMYO, including other products and services of Ommyo.Net, or OMMYO Metaverse or other third-party platforms which may include discounted pricing, for Educational, offer preferential rates, and non-discounted access to other platforms. Members understand and agrees that these optional services are not a part of the membership, other than the membership includes awareness of such optional services. Members agree that OMMYO in this respect is merely providing introductions, and OMMYO is not recommending any or all such optional products or services. Members understand and agree that Member’s decision to proceed with such products and services is Member’s own discretionary decision and Member should have acquired independent professional advice in relation to the same. OMMYO’s introduction of these optional products or services to the Member is conditional upon Member satisfying all terms and conditions of those third parties, and OMMYO makes no guarantee that Member can qualify. There is no guarantee that this type of introduction by Ommyo will be automatically supplied to the Member, and Member acknowledges that such services may require additional KYC, disclosures, applications and other requirements, and also may not be available in all countries. Member also agrees that one member’s acceptance or rejection for additional services is not an affirmation or indication that Member may likewise be accepted.

Terms of Service

Subject to the terms of this Agreement, these terms and conditions will remain in full force and effect until the completion of the Services.

• Acquiring a Membership
  The Member shall acquire cryptocurrency on their own exchange or wallet and transfer the said cryptocurrency to the Member's own cryptocurrency wallet address inside Ommyo.Net, or OMMYO Metaverse back office as provided by Ommyo for the purpose of exchanging it for OUSD. The cryptocurrency shall be chosen by OMMYO in its sole discretion, and as of December 2021 it is USDT (Tether) and may be changed from time to time. OMMYO is not in the exchange or wallet business nor in the business of providing financial guidance or advice in any way, nor is OMMYO in the business of providing specific training or support regarding specific exchanges or wallets the Member may use to acquire their own cryptocurrency in their country.


• Member Services
  - OMMYO shall make available the education and instructional content for Members to understand and execute operations as required to accomplish the Member's aims from the membership.
  - OMMYO shall issue a receipt based on the membership acquired by the Member. Receipt shall be sent to the Member’s email address of record.
  - OMMYO shall generate Rewards for the Member in the amount of OUSD from 3x (as determined by OMMYO in its sole discretion) of the Membership level acquired by the Member, depending on the membership package the Member acquires and the amount of OUSD acquired by the Member.

Limits of Membership

Member understands that the cryptocurrency exchanged for OUSD is the exclusive property of Ommyo, and Member is only entitled to the membership and has no further entitlement to the original cryptocurrency exchanged for OUSD.

OMMYO’s Best Efforts

The Membership is on a best effort basis and, like any project, there is a risk of loss of all funds and rewards. The world of cryptocurrencies is highly volatile, can involve risk of loss, and may not be suitable for all persons. Risks include but are not limited to: market risks, system risks, cybersecurity, transaction processing risks, regulatory risks, trading risks, risks or mistakes made by yourself, business failure, and others. Opinions, market data and recommendations are subject to change without notice. Past results are not indicative nor a guarantee of future performance. OMMYO seeks to mitigate risk by exclusively accepting USDT (Tether) as payment for membership. USDT (Tether) is considered a “stable coin” and historically has not been subject to the market volatility found with other cryptocurrencies. There is no recommendation by OMMYO to acquire any membership, product or service. Members make their own decisions, based on Member's own due diligence. OMMYO recommends each Member seek the advice of a suitably qualified professional before deciding, if Member is unsure.

Eligibility

By registering to use a Ommyo.Net, or OMMYO Metaverse Account, Member represents and warrants that (i) as an individual, Member is at least 18 or is of legal age to form a binding contract under applicable laws; (ii) as an individual, or legal person, Member has full legal capacity and sufficient authorizations to enter into these Terms; (iii) Member takes responsibility and has determined that the acquisition of this membership is lawful in the country or territory in which the Member resides, and holds OMMYO harmless for its decision to acquire this membership; (iv) Member has not been previously suspended or removed by OMMYO for cause; (v) Member’s use of OMMYO’s Services will not violate any and all laws and regulations applicable to Member; (vi) Member warrants that they have not and will not accept fiat currency for the purpose of providing USDT to someone else’s membership account; (vii) if at any time OMMYO discovers that Member is in violation of AML/CTF or other applicable laws, access to membership Rewards account may be restricted or blocked indefinitely or terminated, and Member may be reported for both criminal and civil penalties.

Know Your Customer (KYC) Requirements

At the exclusive discretion of Ommyo, Members may be required to provide KYC information to Ommyo including but not limited to passport or national identity, photograph, date of birth, or other forms of identification. Members may also be required to provide information related to the source of the cryptocurrency used to exchange for the OUSD used to acquire the membership. Members also understand that optional services may and often do include separate KYC information and additional details.

Recourse

The acquisition of a membership from Ommyo shall be with full acknowledgement that OMMYO’s activities are on a best-efforts basis and past performance is not a guarantee of future performance. Members understand that OMMYO’s blockchain activities include multiple sources of revenue, historically generating in excess of the minimum of 0.3% per day per membership Rewards expected by Member. In the event that such activities by Ommyo fail to produce the minimum of 0.3% per day per membership Rewards expected by Member, Ommyo will ensure membership Rewards expectations are met by liquidating digital portfolios of Ommyo in excess of 100,000,000 USD as and when OMMYO deems it necessary to meet such shortfall.

Independent Member

Each party is acting independently under this Agreement. There is no employer / employee relationship. The parties agree that this Agreement does not create a joint venture or a partnership between them.

Notice

All OMMYO notices or updates or requests pertinent to the terms of this Agreement, including any required revisions, and/or enforcement action will be given in writing and delivered to the Member electronically via email address registered with OMMYO or in the back office of Ommyo’s membership site, or both, at OMMYO’s discretion. A general notice in Ommyo’s back office as provided to each member is considered as a personal notice to the Member. All of Member’s notices or requests or responses to Ommyo will be given in writing in English, and delivered to OMMYO at support@Ommyo.Net

Time is of the Essence

No extension or variation of this Agreement will operate as a waiver of this provision. Time is of the essence in this Agreement.

Non-Refundable

Members understand that once cryptocurrency has been sent to their Member wallet address provided by OMMYO, and exchanged for OUSD, no refund is possible. Membership Rewards will be earned in accordance with this Agreement. Deposit of USDT to Member’s wallet address provided by OMMYO is acknowledgement of the nonreversible nature of that exchange and cannot be reversed.

Integration

This Agreement contains the entire Agreement and understanding by and between the Member and Ommyo and no representations, warranties, promises, agreements or understandings, written or oral, not herein contained shall be of any force or effect

Choice of Law

This Agreement and the performance under this Agreement and all suits and special proceedings under this Agreement, shall be held and construed in accordance with and governed by the laws of the United Arab Emirates and Seychelles.

Assignability and Severability

OMMYO may revise its corporate structure from time to time, and at its own sole and exclusive discretion assign the performance and fulfillment of some or all of the Services under this Agreement to another company under this group, whether education, rewards or otherwise. If Member is unhappy with such changes, Member may simply cease doing any rebuys and cease to be a member following the receipt of its last membership reward under this Agreement.

The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability of any one or more of the provisions hereof shall not affect the validity and enforceability of the other provisions hereof.

CODE OF CONDUCT

This Code of Conduct is an integral part of this Service Agreement, and Members understand that any breach of this Code of Conduct is considered as a breach of this Service Agreement and can result in disciplinary action or even termination.

As a member of Ommyo Community and as a user of Ommyo.Net or OMMYO Metaverse membership platform who is sharing the benefits of Ommyo’s growth, there are some standards that the Member must uphold as a member of the platform and community. OMMYO has a commitment to innovate the blockchain industry, build great products and services, and attract loyal users. Respect for our users, for the opportunity, and for each other are foundational components to our success, and this is something we need to support every day.

Who Must Follow Our Code?

All members of Ommyo Community who have either acquired an initial membership or a rebuy must follow this Code of Conduct.

Integrity

Our reputation as a company that people can trust is by far our most valuable asset. It is up to the community and our team to ensure that we continually earn that trust. If there is any suspicion of wrongdoing amongst our community members such as poaching members, defamation, fraud or deception, money laundering, stacking of memberships to capture accelerated rewards to the detriment of the sponsor tree, abuse or other acts that violate laws or violation of best practices in the community toward our members and corporate team, we call upon the community members to inform Ommyo to help us uphold the highest integrity. If any such wrongdoing exists, and the Member has failed to maintain integrity, Members may have their account restricted until such activity is investigated and rectified.

Competition

For those who are building a community or inviting other members to the opportunity, it is absolutely forbidden to pose as Ommyo or to use any of Ommyo’s trademarked or copyrighted marketing materials, logos, or support channels to promote other businesses or to use any of Ommyo’s trademarked or copyrighted marketing materials or logos in unapproved marketing efforts without express permission from OMMYO. Members understand and agree that it will never use Ommyo.Net, or OMMYO Metaverse Trademark or copyrighted materials, logos or other materials.

Anyone found in violation of the above will receive one warning and any subsequent offenses may result in a permanent ban from Ommyo’s support channels and membership and/or appropriate legal action, depending on the severity of the offense.

Abuse or Misuse of the Referral Rewards Plan / Multiple Personal Accounts

For those who are building a community and seeking to rise in the ranks of OMMYO, it must be clearly understood that the ranks of OMMYO Pool are accelerated rewards for building the Community. It is an abuse of the rewards plan to use your own multiple accounts to qualify for any of these ranks from Ommyo. Such use of your own accounts clearly is not building the Community, and Members can have no legitimate expectation of receiving Community building rewards for activity that is not actually community-building. It is also a clear standard in the networking community that if a member stacks multiple accounts beneath that member that are only theirs, they are earning rewards on themselves and they are depriving those above their original position of rewards that should be going to those uplines as accelerated rewards. It must be understood that anyone abusing the rewards plan with multiple accounts, either for the purpose of qualifying for rank in whole or in part, or stacking multiple memberships under their original membership, is violating this Code of Conduct and Service Agreement and any additional financial benefits should be returned to Ommyo. Also, multiple positions will be collapsed into a single original position owned by Members.

Defamation

Our community members who are actively benefiting from Ommyo.Net, or OMMYO Metaverse platform are to uphold the Code of Conduct and are forbidden from publicly sharing any misleading or defamatory remarks about OMMYO, OMMYO Community, or any other companies/platforms. This constitutes fair warning to all of our active and paid members.

Anyone found in violation of the above will receive one warning and a temporary account suspension for 1 week. A repeat offense will result in account termination without warning.

Anti-money Laundering and Counter-terrorism Financing (AML/CTF)

By entering into the Privacy Policy and Service Agreement, Member undertakes that Member will not knowingly do anything to put OMMYO in breach of any law in relation to Anti-Money Laundering and Counter-Terrorism Financing (“AML/CTF Laws”), including, but not limited to: acting as a money broker or related criminal activities, fake deposits, taking “fees” for helping prospective members become a member, or accepting fiat currency from individuals with whom you have no prior relationship. In no case should you accept fiat currency in exchange for USDT or other cryptocurrency, even for someone with whom you have a close family or personal relationship, in excess of the equivalent of 1,000 USDT without getting specific approval in advance from Ommyo.Net, or OMMYO MetaverseOffice of Compliance, which will not approve the same without full KYC and proof of source of funds. Member undertakes to notify OMMYO if you are aware of anything that would put OMMYO or Member in breach of the AML/CTF Laws. Likewise, if a Member has been asked by a sponsoring member to make payments to that sponsoring member, that person should be reported to OMMYO , or OMMYO Metaverse Officer of Compliance. Additionally, from time to time, OMMYO may require further information and/or documentation to assist with this process.

Account Suspension and Termination

For the avoidance of doubt, if an account is suspended, it will mean

that the Member will not be able to withdraw or to make rebuys Under the current plan.

If an account is terminated, it will mean that the Member’s conduct has breached this Agreement, and all un-accrued benefits of membership, including any remaining payment of membership rewards, will be forfeited by the Member.

Conclusion: We at Ommyo.Net, or OMMYO Metaverse rely on our Community’s and our corporate team’s good judgment to uphold a high standard of integrity for ourselves and for Ommyo. We expect all of our corporate team and our Community members to follow the Code of Conduct to the letter. We do understand that sometimes, doing the right thing is not an easy call, so if you are unsure of what to do or need some guidance, please do not hesitate to consult our Community members or the management team for more clarity. The Compliance Office is also available for advice and questions.

SOCIAL MEDIA GUIDELINES FOR COMMUNITY BUILDERS:

These Social Media Guidelines are an integral part of this Service Agreement, and Member understands that any breach of these Social Media Guidelines is considered a breach of this Service Agreement and can result in disciplinary action or even termination.

We at Ommyo.Net, or OMMYO Metaverse are committed to ensuring our community builders are successful and providing the resources they need. When joining our community as a community builder, it is absolutely imperative to ensure that everything you are saying on social media is accurate and properly represents Ommyo.Net, or OMMYO Metaverse.

To that effect, we have created these simple guidelines for everyone to help you and every member to grow the community effectively and in a compliant manner.

DO:

-Share your referral link or company-provided website with your social media contacts in private messages ONLY;

-Refer to our official channels for message guidance;

-Invite your social media contacts privately to our approved Corporate Presentations;

-Answer legitimate questions (provided you know the answer) using the correct terminology for Ommyo.Net.

-Utilize your referrer or an Expert or above rank in your line of referral in Ommyo.Net, to answer questions.

-Refer to official guidance if you are in any way unsure;

-Direct people to official OMMYO Community channels, presentations and FAQs if required.

-Study Ommyo’s official presentations and use official materials and the precise language approved by Ommyo to describe Ommyo and the associated companies of the Group.

DO NOT:

-Make any public presentations without first being approved by the Office of Compliance of OMMYO, and only by using OMMYO’s pre-approved Standard Presentation materials.

-Impersonate Ommyo.Net, its Affiliates or Clients trademark, name, logo or other official representations;

-Share unofficial marketing materials or posts on social media outside of the official Facebook and Telegram Groups (without explicit written permission from OMMYO);

-Use Ommyo’s brand or logo in profile imagery (without explicit written permission from OMMYO);

-Use Ommyo’s brand, name or logo on personal social media accounts, personal web domains, OR hosted group chats (without explicit written permission from OMMYO);

-Post or make income claims of any kind;

-Allow abusive or defamatory comments on your posts;

-Post misleading or inaccurate information;

-Post defamatory comments about Ommyo.Net, or OMMYO Metaverse or its Affiliates

-Promote products from a rival organization to known affiliate partners;

Please take action as soon as possible if necessary.

The publication of this Agreement constitutes fair warning to all OMMYO Community/Ommyo.Net or OMMYO Metaverse Community Builders who are in current violation of these guidelines. Members must take immediate action to rectify any shortcomings or violations.

Anyone found in violation of these rules relating to Social Media by our Compliance team or other affiliates may be subject to warning and subsequent termination or blacklist upon repeat violations.

Now that you know what to do and what not to do, it’s time to get out there and use social media in a clean and effective way to help us build the world’s strongest blockchain community.

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All of the above Service Agreement, Code of Conduct, and Social Media Guidelines comprise the Agreement, effective as stated.