Introductory remark

This website does not constitute an offer or an invitation to sell shares, securities or rights belonging to Aurei Association or any related or associated entity.

 

Aurei Association

The AUREI token (ARE) is a crypto-currency designed by Aurei Association located in Switzerland. As described more in detail in section 6.1 of the white paper, an ARE is not a security. It is a crypto-currency that qualifies as a payment token as defined by the FINMA it its guidelines for enquiries regarding the regulatory framework for initial coin offerings, as published on 16 February 2018.

The Aurei Association does not act as a derivative provider within the meaning of Article 3 paragraph 3 of the Stock Exchange Ordinance (Ordonnance sur les bourses et le commerce des valeurs mobilières – OBVM, 2 December 1996).

The AUREI system is not a market within the meaning of the Financial Market Infrastructure Act -FMIA (Loi fédérale sur les infrastructures des marchés financiers et le comportement sur le marché en matière de négociation de valeurs mobilières et de dérivés – LMIA, 19 June 2015).

None of the information or analyses described in this website is intended to provide a basis for an investment decision, and no specific investment recommendation is made. Accordingly, this website does not constitute investment advice or an invitation to invest in any security or financial instrument of any nature whatsoever.

 

Aurei Project

The AUREI Token (ARE) was founded with a view to foster the AUREI project and gathers the developers and the financial sponsors of the project, relying on a lean management structure. The AUREI token (ARE) architecture relies on certain intellectual property features that were initially designed and protected by the developers.

The Aurei Association enjoys access to the underlying intellectual property in the form of a perpetual, non-assignable and non-transferable license granted by the developers. In exchange, the developers shall benefit from the rights listed in section 3.1 of the white paper.

The developers have, and this in total agreement with Aurei Association as well as the financial sponsors, the full rights to use at their convenience their own concept and everything developed by them or with their assistance before or during the inception of the AUREI project, for other projects in which they could be involved either during or after the AUREI project.

All legal and technical steps initiated for the inception of the AUREI project were supported by the Aurei Association.

Initially, 50,000 AUREI tokens (ARE) will be issued and kept in reserve by Aurei Association. Neither the financial sponsors, nor the developers have any right on these tokens or the result of their sales which will stay inside the Aurei Association. These tokens will be gradually and slowly offered for sale on exchanges. In the case of termination/liquidation of the Aurei Association, any assets in the Aurei Association would be used to buy back AREs (and eventually other cryptocurrencies) on the markets. The Aurei Association would then burn all and any tokens in its possession (as a gift to the crypto community) just prior its own liquidation, increasing AREs scarcity to the benefit of its holders.  

Neither the developers nor the Aurei Association, nor any of its members, directors, stakeholders, consultants, agents or professional advisers shall have any liability whatsoever towards holders of AREs.

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