Terms and conditions
1. General terms and conditions
Please read the following rules carefully before signing in.
1.1. You agree to be of legal age in your country to partake in this program, and in all the cases your minimal age must be 18 years.
1.2. The conducted transactions are insured solely by the deliberately created ethereum smart-contract, based on the Ethereum network technology. No cyber liability insurance is implied. We are also not a licensed bank or a security firm.
1.3. You agree that all information, communications, materials coming from xEther are unsolicited and must be kept private, confidential and protected from any disclosure. Moreover, the information, communications and materials contained herein are not to be regarded as an offer, nor a solicitation for investments.
1.4. All the data given by a member to xEther will be only privately used and not disclosed to any third parties.
1.5. You are investing at your own risk and you agree that a past performance is not an explicit guarantee for the same future performance. You agree that all information, communications and materials you will find on this site are intended to be regarded as an informational and educational matter and not an investment advice.
1.6. We reserve the right to change the rules, commissions and rates of the program at any time and at our sole discretion without notice, especially in order to respect the integrity and security of the members' interests. You agree that it is your sole responsibility to review the current terms.
1.7. xEther is not responsible or liable for any damages, losses and costs resulting from any violation of the conditions and terms and/or use of our website by a member. You guarantee to xEther that you will not use this site in any illegal way and you agree to respect your local, national and international laws.
1.8. We will not tolerate SPAM or any type of UCE in this program. SPAM violators will be immediately and permanently removed from the program.
1.9. If you do not agree with the above disclaimer, please do not go any further.
Multiplier - is a number from 2 to 10. Which is how many times your deposit amount is multiplied.
Deposit - the sum of ether, that you transfer to the investment address and receive back later, multiplied by x times.
Investment - the sum of ether, that is added to the project’s guarantee fund and grants you the proportional share in the fee income.
Guarantee fund - a sum of ether, that feeds the payouts. The balance of the fund can be checked in the bottom of the website or in the smart-contract.
Iteration - a period of time, that starts when the guarantee fund is filled and ends when it runs out. Is made up of 3 stages.
Stage - a comprising part of the iteration. 1st and 2nd stages are 24 hours each, while the 3rd one lasts till the guarantee fund runs out and the iteration ends.
Jackpot- a prize, made of the deductions from commission fees.
Bonus numbers - specific values of payout periods that guarantee multiplier values of 4 and above.
Member - a user, that has made a deposit of more than 0.02 ETH or 0.5 ETC and gets a payout.
Investor - a user, that has made an investment of more than 10 ETH or 250 ETC and gets dividends.
3. Project’s concept
You transfer a certain amount of ether to the designated address. And the smart contract generates two individual values for your transaction - a payout period (4-72 hours) and the multiplier (x2 - x10). When the payout period runs out, the smart contract carries out the reverse transaction - by transferring the deposit back, multiplied by x times, to the wallet address it came from. The transactional fee of 20% is charged.
4. Types of participants
There are two types of participants - regular members and investors.
4.1. For regular members minimum deposit sum is set to 0.02 ETH for Ethereum and 0.5 ETC for Ethereum Classic. The multiplication rate may vary from 2 to 10 times and is assigned automatically by a system. The period your deposit is paid back is within 4 to 72 hours. This parameter is also set automatically and individually per every deposit.
4.2. For investors the minimum deposit sum is 10 ETH for Ethereum and 250 ETC for Ethereum Classic. Their deposits are not multiplied and paid back. They are added to the fund instead and become equity stakes. Thus entitling the investors to the corresponding share in the total fee income. This right lasts until a new iteration starts. The project accepts max 7 investors.
5. Project’s lifecycle
5.1. The whole project is a sequence of iterations. The iteration ends when the guarantee fund is depleted. As soon as the fund’s balance is refilled, a new iteration starts.
5.2. The iteration comprises of 3 stages. The 1nd and 2nd stages are 24 hours each, while the 3rd lasts until the end of the iteration. Each stage has its own rules regarding the payout periods.
6. Making a deposit
6.1. We accept deposits and investments in ETH and ETC. The sum lesser than 0.02 ETH or 0.5 ETC (a minimum amount) will be considered as a donation and added to the guarantee fund.
6.2. Please, use only the investment address displayed on the main page to make your deposit. The number of deposits you can make is unlimited. Each will have its individual period and multiplication rate.
6.3. Your transaction will eventually be displayed on a table on the website’s main page as soon as a payment is confirmed by the contract.
7. Getting a payout
7.1. The payout is conducted in a period, set by the smart-contract for your transaction individually.
7.2. The payout cannot be conducted if the guarantee fund has insufficient amount in it.
7.3. The payout is subject to 20% fee, which is deducted from the payout amount.
8. Getting bonuses
8.1. Jackpot. Our members have a chance to get an extra reward (a jackpot), which is 10% of all the commission fees we get. When a payout for a deposit is generated via the smart-contract, it gets a random 7-digits combination. If this combination matches the jackpot number (7777777), you win. Only deposits from 0.1 ETH for Ethereum and 2.5 ETC for Ethereum Classic take part in the jackpot draw.
8.2. Lesser payout period for next deposits. If you have one active deposit, and make another one, than you get a bonus: -1% off the 2nd deposit’s payout period, -2% off the 3rd, and so on. Up to 10% off.
8.3. Bonus numbers. The multiplier default values are 2 and 3. Unless you get the lucky payout period. 8 hours - x10, 12 hours - x9, 25 hours - x8, 37 hours - x7, 42 hours - x6, 51 hours - x5, 63/65/67 hours - x4.
9.1. We guarantee all payments made in time and under the terms stipulated in this Terms and Conditions agreement.
9.2. xEther is not associated with any cryptocurrency payment system and not liable for any problems in their performance.