Terms and Definitions in the Bitbon System

Bitbon System Public Contract

Bitbon System Public Contract is a social contract of constitutive (statutory) nature between SIMCORD LLC (EDRPOU 37657823), the Bitbon System founder and the first Bitbon System Operator[i], and all Bitbon System Participants[i]. The Bitbon System Public Contract sets forth the rights and duties of all Participants arising from the management of the Bitbon System[i], as well as stipulates the capabilities of its Users. All the Bitbon System community shall observe the Bitbon System Public Contract.

The Bitbon System Public Contract identifies tasks and objectives of the Bitbon System, determines and establishes the basis for its development, ensures the Bitbon Protocol[i] execution, as well as stipulates a set of basic terms and conditions for the creation and use of digital assets of the Bitbon System[i], fulfillment of which is mandatory for all Bitbon System Users[i].

The Bitbon System Public Contract consists of Clauses and separate Appendices. The structure of the Bitbon System Public Contract includes references and links to Appendices, which are its integral part.

The Bitbon System Public Contract has been created based on the decision of SIMCORD LLC to create the Bitbon[i] access token[i] and to organize the Bitbon System Decentralized Autonomous Community[i].

Additional comment:
The Bitbon System Public Contract is available at the following link: https://www.bitbon.space/en/bitbon-system-public-contract