Issued by: Afrail Inc.
Effective Date: May 26, 2025
This document outlines the terms, conditions, and risks governing the AFRX Security Token issued by Afrail Inc.
1.Introduction
These Terms of Service ("Terms") govern your access to and use of the AFRX.io website and the purchase, use, and ownership of the AFRX Security Token ("Token"). By accessing this site or purchasing AFRX Tokens, you agree to be bound by these Terms. If you do not agree, do not use the site or purchase AFRX Tokens.
2. Eligibility
You must be at least 18 years old and have the legal capacity to enter into a binding agreement. By using this Platform, you confirm that you meet these criteria.
Participation in the AFRX Token offering is limited to accredited investors and other qualified purchasers in accordance with applicable securities laws. You represent and warrant that you meet these eligibility requirements.
3. Token Description
The AFRX Token is a digital security token issued by Afrail Inc., a Delaware corporation, representing an ownership interest in the AFRX infrastructure network and its underlying assets.
4. Regulatory Compliance
The AFRX Security Token is issued under Regulation D Rule 506(c) and Regulation S of the U.S. Securities Act of 1933. Access is restricted to accredited U.S. investors and eligible non-U.S. investors in compliance with applicable laws.
The AFRX Token is a security under applicable laws. All purchases and transfers of the token are subject to compliance with securities regulations including Know Your Customer (KYC) and Anti-Money Laundering (AML) laws.
5. Intellectual Property
All content, trademarks, and proprietary technologies on this Platform are the intellectual property of Afrail Inc. or its affiliates. You may not copy, distribute, or modify content without written consent.
6. User Conduct
7. No Investment Advice
Nothing presented constitutes financial, investment, legal, or tax advice. You are solely responsible for consulting professionals before making investment decisions.
8. Token Offering Terms
The AFRX Token is a digital security. Participation requires KYC/AML clearance, as well as agreement to the PPM, Token Purchase Agreement, and Subscription Agreement.
9. Risks
Investing in AFRX tokens involves risk, including loss of capital. Tokens may be subject to lock-up periods, transfer limitations, and lack liquidity. They are not FDIC or government insured. You acknowledge and accept the risks associated with investing in early-stage infrastructure and digital assets.
10. Limitation of Liability
Afrail Inc. shall not be liable for indirect, incidental, consequential, or punitive damages arising out of use or inability to use the Platform or participation in the Token offering. Afrail Inc. does not guarantee any specific return, appreciation in value, or liquidity for the AFRX Token. Past performance is not indicative of future results. To the maximum extent permitted by law, Afrail Inc. shall not be liable for any indirect, incidental, or consequential damages arising from the use or inability to use the AFRX Token or the AFRX.io platform.
11. Use of Proceeds
Funds raised through the sale of AFRX Tokens will be used to develop, construct, and expand the AFRX infrastructure network and related initiatives. Detailed use of proceeds will be disclosed in the offering memorandum and Form D filed with the US Securities and Exchange Commission.
12. Taxes
You are solely responsible for any taxes associated with your purchase, ownership, or transfer of AFRX Tokens. Afrail Inc. does not provide tax advice.
13. Privacy
Use of this Platform is subject to our Privacy Policy, which details how we collect and manage user data.
14. Changes to Terms
Afrail Inc. may modify revise these Terms at any time. Changes will be posted on this page, and your continued use of the Platform constitutes acceptance of the updated Terms.
15. Termination
Afrail Inc. reserves the right to suspend or terminate your access to the Platform or services at any time without notice if you violate these Terms, engage in unlawful behavior, or as required by law or regulatory authorities.
16. Indemnification
You agree to indemnify, defend, and hold harmless Afrail Inc., its officers, directors, and affiliates from any claims, losses, or damages arising from your use of the Platform, violation of these Terms, or infringement of any third-party rights.
17. Token Transfer Restrictions
AFRX Tokens may only be transferred in accordance with applicable securities laws and the restrictions outlined in the Token Purchase Agreement. You may not sell or otherwise transfer your tokens to U.S. persons unless the recipient is an accredited investor and meets the requirements under Rule 144 or another applicable exemption.
18. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States of America, without regard to conflict of law principles.
19. Dispute Resolution
In the event of any dispute arising out of or relating to these Terms, the parties agree to first attempt resolution through good-faith negotiation. If unresolved, the dispute shall be submitted to binding arbitration in Atlanta, Georgia, under the rules of the American Arbitration Association. Judgment on the arbitration award may be entered in any court having jurisdiction.
20. Accessibility
The Platform is designed with accessibility in mind. Please contact us at for any questions or accessibility assistance.21. Contact Information
Legal and Compliance Dept.
Afrail Inc.
101 Marietta Street NW
Atlanta, GA 30303
USA
Email: legal@afrx.io
Website: afrx.io
GitHub Repository: github.com/afrail-inc/afrx-security-token