CONUT Tokens Private Sale FAQ

CONUT Tokens Private Sale FAQ

I. CONUT TOKEN FAQ

COCONUT is a new NFT Marketplace platform where people can trade short form NFTs. Imagine that you can use a very interesting video social network similar to TikTok but also monetize your content easily without waiting for advertising money. Introducing COCONUT - A blockchain decentralized streaming social network including an NFT marketplace that allows you to enjoy interesting video content and monetize in a variety of ways.

CONUT: the utility and governance token of COCONUT. CONUT allows the most active creators and viewers/collectors on COCONUT to vote for any platform upgrades decision and join in curation and moderation. Our token will be issued and distributed as a BEP20 token on the Binance Smart Chain blockchain. Besides, CONUT token also has many valuable features.

COCONUT users can enjoy maximum convenience and profit by holding a specific amount of CONUT tokens. Users without CONUT tokens will not be able to access unlimited features.

**Used for trading NFT items. Users can also use BUSD, BNB**

COCONUT users can use CONUT tokens for trading NFT items on our platform, and for maximizing the convenience of trading on COCONUT, we also allow users to trade by BUSD or BNB.

***Voting on system upgrades and Moderation***

If our community want a new feature or a platform improvement? Don't worry; when our community votes, we execute!

    Holders of CONUT can submit and vote on proposals about:
  • +COCONUT's trading fee
  • +New COCONUT features to be developed or implemented by our team
  • +The use of CONUT to further decentralize the governance and development of COCONUT **Donation** **to Creator/Owner**
Creating a convenient way for viewers/fans to support their favorite creator/NFT owner when they can't afford to buy short form NFTs. Viewers/Fans can send CONUT to donate to the creator/owner to show their love and support when the creator/owner is streaming or even off-line.

**Receive/ Increase Royalty Payment Limit**

Holding CONUT will allow you to set a higher percentage of royalty payment than users who don't hold CONUT **Expose NFT more on Trending section** Holding CONUT helps your NFTs exposed more frequently on the trending section beside the NFTs with high engagement than users who don’t hold CONUT.

**Expose your Profile more on COCONUT Explore site**

Holding CONUT helps your Profile be exposed more frequently on the COCONUT Explore site next to those with high engagement than users who don’t hold CONUT.

The CONUT Token Private Sale is an unadvertised sale of CONUT Token (Crypto Asset) for early investors. This Private Sale is negotiated between a buyer and COCONUT directly (No intermediate stages). The sale is made voluntarily between the parties. The purpose is to help early investors who want to invest in the COCONUT project in the first place can buy CONUT Token at a better price than other investors.

You will have to create an account on http://conut.coconut.global/ by your e-mail and enable 2FA process, then you can join in buying CONUT Tokens Private Sale. Check for the Instructions for registering an account and activating the 2FA process for buying CONUT Tokens Private Sale’s details here.

You can buy directly from our site http://conut.coconut.global/ and trade it with other people anytime you want or you can buy from other buyers using our Transfer tool between accounts on http://conut.coconut.global/. Check for the Transfer tool’s details here.

Your Private Sale CONUT Tokens will be locked up for 16 months then released linear in 24 months. However, you can trade CONUT Tokens with other people by using our Transfer tool between accounts on http://conut.coconut.global/.

You can transfer your CONUT tokens to other people using our Transfer tool between accounts on http://conut.coconut.global/. Check for the Transfer tool’s details here.

C2C is standing for Customer to Customer. We support this feature to help CONUT Tokens Buyers easily communicate and exchange CONUT Tokens with each other. Any agreement is voluntary between the two parties.

** This function is just only for our user’s convenience when transferring CONUT.

We do not recommend C2C Trading and do not take responsibility for any losses you may experience when trading CONUT Token by the C2C method.

All CONUT Tokens allocated to Early Investors & Advisors will be locked up for the first year. After the locked up time, the holders of this allocated CONUT Tokens can then sell CONUT Tokens on crypto exchanges. Or you can sell CONUT Tokens for other buyers without delay by using our Transfer tool between accounts on http://conut.coconut.global/.

** This function is just only for our user’s convenience when transferring CONUT.

We do not recommend C2C Trading and do not take responsibility for any losses you may experience when trading CONUT Token by the C2C method.

Please check the table below

II. CONUT Token Private Sale Account

Creating an account on http://conut.coconut.global/ helps users can easily buy early and manage CONUT Tokens.

To register an account on [http://conut.coconut.global/](http://conut.coconut.global/), members please follow the instructions below:

  • **Step 1:** Visit [http://conut.coconut.global/](http://conut.coconut.global/) and select Register in the upper right corner
  • **Step 2:** Please fill in the required information and click on the "I'm not a robot" box -> select Send Verification Email
  • **Step 3:** Access Email and click confirm account registration
  • **Step 4:** Enter Password and Confirm Password in the request box -> select "Complete”
After completing these above steps, you have successfully registered an account on [http://conut.coconut.global/](http://conut.coconut.global/)

Note: After logging in to your account, for security reasons, please enable 2-factor verification (Google 2FA)

See also: **Instructions for activating OTP (2FA)**

After logging in to your account, for security reasons, please enable 2-factor verification (Google 2FA) according to the following instructions:

  • **Step 1:** Log in to your account → select User → select Security → press Setup 2FA
  • **Step 2:** Use a mobile phone with the Google Authenticator app installed to scan the QR and get the 6-digit code → Enter the code in the Code box and click "Verify and Activate”
**Note:** The code is valid within 30 seconds, please quickly enter the code in the request box.

After entering 2FA, the system will say "active OTP successfully" which means you have completed activating 2-factor verification.

If you have problems or need support please contact us at email: support@coconut.global

If you do not remember your account login password on [http://conut.coconut.global/](http://conut.coconut.global/) please follow the instructions below:

  • **Step 1:** Visit [http://conut.coconut.global/](http://conut.coconut.global/), enter your Email and click "I'm not a robot", then click "here" in the last line to confirm forgot password
  • **Step 2:** Enter Email and click "I'm not a robot" then click Submit
  • **Step 3:** Access Email and click Confirm Reset Password
  • **Step 4:** Continue to enter the Password in the request box (2 times) then click "Reset Password”
  • **Step 5:** The interface returns to the login page. Enter Email, New Password and click "Let me in”
Then enter the required 2FA code to complete the login.

If you have problems during the login process, please contact us at email: support@coconut.global

In case of losing OTP, please send an email to support@coconut.global

Make sure to write your name, email address, the number of CONUT Tokens you have, and your phone number. After receiving your email, the person in charge will verify your identity through phone calls and send you an OTP re-issuance URL.

CONUT members can register a new OTP after entering the OTP in your re-issuance URL.

Thank you.

III. GENERAL FAQ

The Transfer function is supported by [http://conut.coconut.global/](http://conut.coconut.global/), making it easy for CONUT token holders to transfer/trade CONUT with other people on [http://conut.coconut.global/](http://conut.coconut.global/) during the locked-up time. OTC stands for Over-the-counter, meaning the trading of assets between two counterparties executed outside of formal exchanges and without the supervision of an exchange regulator. OTC trading is done in over-the-counter markets (a decentralized place with no physical location), through dealer networks. [http://conut.coconut.global/](http://conut.coconut.global/) just developed the Transfer function to help CONUT Token buyers easily communicate and trade CONUT Tokens with each other during the locked-up time. We at [http://conut.coconut.global/](http://conut.coconut.global/) , do not monitor and will not be responsible for any losses you may have when trading OTC with other CONUT Tokens buyers.

** This function is just only for our user’s convenience when transferring CONUT.

We do not recommend C2C Trading and do not take responsibility for any losses you may experience when trading CONUT Token by the C2C method.

To quickly transfer CONUT Tokens between members on the site, please follow these instructions:

  • **Step 1:** Log in to [http://conut.coconut.global/](http://conut.coconut.global/) then select C2C in the upper right corner.
  • **Step 2:** Enter the recipient's email address in the request box, then click "Check mail".
  • **Step 3:** Please re-check the recipient's name, email -> enter the number of CONUT Tokens you want to transfer and enter the required OTP code -> Click "Send CONUT" to proceed.

So the CONUT Token Transfer is complete.

** This function is just only for our user’s convenience when transferring CONUT.

We do not recommend C2C Trading and do not take responsibility for any losses you may experience when trading CONUT Token by the C2C method.

coconut.global will never ask for your personal information, credentials or withdrawal information by phone, email or text under any circumstances.

Please check the instructions below and follow them safely.
**Information security tips!**
**1. Never tell anyone your personal information**

Under no circumstances will coconut.global ask for your personal information or credentials, including by agencies such as cybercriminals, the prosecutor's office, and the IRS. If you are asked to authenticate or declare your personal information, password, verification number, verification data, deposit... by phone, email or text message, it is most likely a scam.

Customer service email: contact@coconut.global
**2. Every time you connect to [https://www.coconut.global/](https://www.coconut.global/) make sure it's the correct URL**
[https://www.coconut.global/](https://www.coconut.global/) is a certified secure website.
Please make sure that the lock icon is displayed on the left side of your web browser's address bar.
**3. Use anti-virus program as well as install and use the latest updates of Windows, Mobile phone operating system**
If you use a device with security holes, it's like opening a door where hackers and malware can freely infiltrate your PC, smartphone and tablet. More than simply leaking information, hackers can penetrate and arbitrarily manipulate your devices and create many serious errors, so we recommend you to install and use the latest updates on your PC operating system as well as your smartphone or tablet.
**4. Periodically reset your password**
You should reset your password every 3-6 months and we recommend that you do not use the password on other websites.
In addition to the above cases, if someone deposits money into an account, submitting registration and confirmation data, it is very likely that they are involved in electronic financial crimes.
If you suspect a similar situation, please report it to us without delay.
COCONUT will always do our best to protect your valuable information and personal property.

Thank you.

IV. DISCLAIMER

1. 1. Except as expressly provided to the contrary in writing by COCONUT, the service, content contained therein, and crypto assets listed therein are provided on an “as is” and “as available” basis without warranties or conditions of any kind, either express or implied. COCONUT makes no warranty that the service(s): (a) will meet your requirements; (b) will be available on an uninterrupted, timely, secure, or error-free basis; or (c) will be accurate, reliable, complete, legal, or safe. COCONUT disclaims all other warranties or conditions, express or implied, including, without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, title, and non-infringement as to the service(s), content contained therein. We will not be liable for any loss of any kind from any action taken or taken in reliance on material or information, contained on the platform. While COCONUT attempts to make your access to and use of the service(s) and content safe, COCONUT cannot and does not represent or warrant that the service(s), content, any crypto assets listed on our service or our servers are free of viruses or other harmful components. We cannot guarantee the security of any data that you disclose online. You accept the inherent security risks of providing information and dealing online over the internet and will not hold us responsible for any breach of security unless it is due to our gross negligence.

2. Given that the platform is operating in a decentralized manner, there will be minimum interference from COCONUT in the operation of the platform. Once a transaction has been initiated by a user that results in a broadcast to the network, it will not be possible nor would it be COCONUT’s responsibility to halt any transaction should the user subsequently discover that the transaction has been made to an incorrect wallet address. It is your responsibility to check all details of the transaction prior to proceeding

3. You accept responsibilities for all your activities and contents on the platform including transactions. You further acknowledge that COCONUT does not act as your broker, intermediary, agent, advisor, or creditor with respect to any transaction you make or propose to make on the platform and owes you no fiduciary duty (except for the COCONUT helper service). Any communication by COCONUT to you shall not be construed under any circumstances as legal, tax, accounting, or financial advice.

4. COCONUT only provides a platform to facilitate transactions between the buyer and seller but is not a party to any transaction or agreement between the buyer and seller of crypto assets or between any users. You bear full responsibility for verifying the identity, legitimacy, and authenticity of crypto assets you purchase on the platform. Notwithstanding indicators and messages that suggest verification including knowing your customer (KYC), COCONUT makes no claims about the identity, legitimacy, or authenticity of crypto assets on the platform.

5. We will not be responsible or liable to you for any loss and take no responsibility for, and will not be liable to you for any use of crypto assets, including but not limited to any losses, damages, or claims arising from:

  • 5.1. User errors such as forgotten passwords, incorrectly constructed transactions, or mistyped addresses;
  • 5.2. Server failure or data loss;
  • 5.3. Corrupted wallet files;
  • 5.4. Unauthorized access to your account; or
  • 5.5. Any unauthorized third-party activities, including without limitation the use of viruses, phishing, brute-forcing, or other means of attack against the service or crypto assets.

6. Crypto assets are intangible digital assets. They exist only by virtue of the ownership record maintained in the network. Any transfer of title that might occur in any unique digital asset occurs on the decentralized ledger within the network. We do not guarantee that COCONUT or any COCONUT party can affect the transfer of title or right in any crypto assets.

7. COCONUT is not responsible for losses arising out of or relating to vulnerability or any kind of failure, abnormal behavior of software (e.g., wallet, smart contract), blockchains, or any other features of the crypto assets. COCONUT is not responsible for losses arising out of or relating to late reports by developers or representatives (or no report at all) of any issues with the blockchain supporting crypto assets including forks, technical node issues, or any other issues having fund losses as a result.

8. The characteristics of the crypto assets created through the service on our platform shall be determined by the creator. COCONUT has no involvement or responsibility in the design of the crypto asset.