Terms and Definitions in the Bitbon System


Contributor is a Bitbon System User[i] who, based on the obtained Projectbon[i] accounting units, participates in the selected business project in order to receive a certain amount of benefit from its implementation.

The number of projects in which the Bitbon System User can participate is unlimited. However, he/she will be a Contributor for each project separately.

Having declared his/her participation in a particular business project by exchanging Bitbon[i] accounting units for Projectbon accounting units of the selected project and/or by obtaining Projectbon accounting units in a manner not contradicting the Projectbon Protocol[i] of a specific project, the Bitbon System User obtains the status of a Contributor.

The Contributor, at his/her sole discretion, decides to participate in a business project based on personal interest.

In general, the Contributor’s activity is aimed at receiving an additional benefit of the Bitbon System User[i], which is determined in direct proportion to his/her Projectbon accounting units and automatically distributed among the Contributors of this project under the terms and conditions of the Projectbon Protocol.

The Projectbon Protocol of a specific business project defines additional rights and duties of the Contributor as one of its parties.