16) Please confirm that the following info which was gathered is correct
You agree to the following points of The Token Stimulus Project key elements:
It is a token on the Ethereum blockchain, this ensures transparency and trust in the system.
Each qualifying participant is issued tokens in the amount of face value up to 3 months of revenue. Participants can choose to request less tokens.
All tokens function as a voucher (coupon) for a one-time purchase of products and services where a face value is given equal to the United States Dollar (USD).
All participants agree to accept this token voucher for all their products and services as a partial payment for at least 50% of the products or service price or invoice. It is possible to compensate employees with TSP if a company is able to negotiate an agreement with employees.
All affiliate companies agree to accept TSP and agree to allow online and on site purchases for at least 50% of the products or service price or invoice and not to discriminate in any way against the usage of TSP as payment with additional fees or terms, included but not limited to: product availability, speed of delivery, adding fees for TSP payments, offering discounts excluding TSP payments or limiting in any way TSP payments). Indeed, affiliates are encouraged to offer additional discounts only available to clients using TSP as at least partial payment.
After a TSP (coupon) is used, it becomes a used TSP, thus TSPU, which is offered at token exchange for repurchase.
Starting November 1, 2020, all participants agree to repurchase TSPU from an open exchange. In an equal monthly USD amount of 1/10 of the amount of TSP face value that they requested and allocated to them. (Only companies which are in good standing will be included in TSPU buybacks, others forfeit any right to participate.)
All companies have to continue the TSPU buyback, even after a 10-month period (until August 1, 2021) and continue thereafter until 85% of all TSPU are bought from the market.
A fair exchange safeguards that all buybacks are done in proportion to each affiliated company's holdings in TSPU in relation to their original TSP allocation (e.g., If Company-A has only a 100 TSP allocated to them but ends up with having 200 TSPU and Company-B has 1000 TSP allocated and holds 300 TSPU, Company A is prioritized in the exchange until it has the same ratio of TSPU/TSP. In the case of this example, Company-A has priority over Company-B until Company-A could be reimbursed for the value of 170 TSPU.) Thus companies accepting TSP and not requesting any TSP will be the ones that get paid first.
The buyback is only valid for TSPU and companies cannot exchange their own TSP to TSPU. This is only possible if the token exchanged ownership from one associated company to another directly or over a middleman, which can be an employee or someone who bought the TSP on a token exchange from an employee.
Only employees getting compensated are allowed to sell their TSP on token exchanges. Enterprises and institutions are not allowed. (control through chainBLXleger technology already available)
ChainBLX collects your personal information only to the extent necessary to fulfil a precise purpose related to our tasks as an opinion based self-accreditation entity.
We do not reuse the information for another purpose that is different to the one stated;
We put in place measures to guarantee that your data is kept up-to-date and processed securely;
Under certain conditions outlined in law, we may disclose your information to third parties, (such as the European Anti-Fraud Office, the Court of Auditors, or law enforcement authorities) if it is necessary and proportionate for lawful, specific purposes;
We will never divulge your personal data for direct marketing purposes;
You have the right to access your personal information, and you can correct it any time.
We do not keep your personal information for longer than necessary for the purposes for which we collected it.
However, we may keep your information for a longer period for historical, statistical or scientific purposes or for the opinion based self-accreditation with the appropriate safeguards in place.
Cookies are short text files stored on a user’s device (such as a computer, tablet or phone) by a website.
Cookies are used for the technical functioning of a website or for gathering statistics.
Cookies are also typically used to provide a more personalized experience for a user for example, when an online service remembers your user profile without you having to login.
When you visit our website, we may collect some data on your browsing experience such as your IP address, the ChainBLX page you visited, when you visited and the website page you were redirected from.
This information is used to gather aggregated and anonymous statistics with a view to improving our services and to enhance your user experience as well as for security and protection of our community.
When you visit the ChainBlx website, we will keep the browser history of your visit for a maximum of 13 months. This information will then be deleted.
We use social media to present our work through widely used and contemporary channels.
Our use of social media is highlighted on this website.
For instance, you can watch ChainBLX videos, which we upload to our YouTube page and follow links from our website to Twitter and LinkedIn.
Cookies are not set by our display of social media buttons to connect to those services when our website pages are loaded on your computer (or other devices) or from components from those services embedded in our web pages.
Each social media channel has their own policy on the way they process your personal data when you access their sites. For example, if you choose to watch one of our videos on YouTube, you will be asked for explicit consent to accept YouTube cookies; if you look at our Twitter activity on Twitter, you will be asked for explicit consent to accept Twitter cookies; the same applies for LinkedIn.
If you have any concerns or questions about their use of your personal data, you should read their privacy policies carefully before using them.
Complaint handling by ChainBLX
What is the purpose of the processing?
To investigate complaints submitted to ChainBLX in line with Regulation (EC) No 45/2001 (OJ L 8/1, 12.01.2001, the Regulation). Complaints against Europol will be investigated in line with Regulation (EU) 2016/794. We will only use your personal data for the investigation of the complaint submitted.
Which kinds of personal data does the ChainBLX process?
We process the personal data submitted by complainants, and members. This will include names, contact details as well as the content of the allegations (insofar as the latter qualify as personal data).
What are my rights?
You are entitled to access the personal data ChainBLX holds about you and to have them rectified where necessary. In certain cases, you also have the right to have your data blocked or erased or to object to their processing. To exercise any of these rights, please contact us using our contact form. We will reply within three months.