Section I.
Information pursuant to Section 312d (2) BGB in conjunction with Art. 246b EGBGB for contracts concluded away from business premises and for distance contracts for financial services
1. Identity of the company:
The provider of the Mirum token is Credipto GmbH & Co. KG, Rüsselsheim am Main, registered in the commercial register of Darmstadt Local Court under HRA 87533 (“Credipto”).
2. Main business activity of the company and the supervisory authority responsible for its authorization:
[Corporate purpose of Credipto in accordance with the articles of association]
Credipto's activities do not require a license or authorization.
3. Summonable address and powers of representation of the company:
Amorbacher Str. 72, 65428 Rüsselsheim; Credipto is represented by its general partner, Credipto Beteiligungs GmbH, Rüsselsheim am Main, entered in the commercial register of Darmstadt Local Court under HRB 105960. Credipto Beteiligungs GmbH is represented by its managing director, Mr. Hakan Tunali.
4. Key features of the financial service; conclusion of contract:
By acquiring the utility token (“Mirum token”) issued by Credipto, the investor makes a financial contribution to the final development of the blockchain-based multi-asset platform TerraMirum, which is also being developed by Credipto. Once completed, this platform will offer various assets (including real estate investments, crypto assets, precious metals) and services (including the use of fitness studios, time-share offers and the like), for the use of which holders of Mirum tokens will receive discounts in individual cases and which they can pay for in individual cases with Mirum tokens. Mirum token holders also receive discounts on the fees due for using the platform. As the platform has not yet been completed, none of these services are currently available. There is no interest or participation in any profits of the platform. Mirum tokens can only be used within the Credipto ecosystem.
Credipto's public offer to purchase Mirum tokens is merely an invitation to submit an offer by the investor. The investor submits a legally binding offer to purchase Mirum tokens by submitting the corresponding online subscription form on the Credipto website (credipto.com). The purchase agreement becomes binding when Credipto accepts the investor's purchase offer by sending a corresponding purchase confirmation.
A prerequisite for Credipto's acceptance is a completed money laundering identification of the investor. The information required for this is requested when the online subscription form is completed. Credipto is entitled to request further documents from the acquirer that are required to complete the money laundering identification.
5. Total price, including taxes paid by the entrepreneur:
The total price is based on the number of Mirum Tokens purchased.
The price for a Mirum token depends on the time of purchase. Several sales rounds (first round to third round) are carried out, with the purchase price increasing from sales round to sales round. For details on the sales rounds, see section 8 below.
First Round (14.10.2024): EUR 0.0040
Second Round (02.11.2024): EUR 0.0072
Third Round (30.11.2024): EUR 0.0120
There are no other price components.
6. Additional costs incurred; taxes not paid by the entrepreneur:
There are no additional costs.
Profits from the sale of crypto assets may be subject to income tax. Investors are advised to seek their own tax advice. Any advisory costs incurred in this connection must be borne by the investor in addition to the aforementioned total price.
7. Risks:
Investing in crypto projects with financial resources is associated with risks. There is the possibility of a total loss of the investment in the event that the project fails. This may be the case, for example, if new legal regulations thwart the blockchain project or make its further development significantly more difficult or cost-intensive, or if general interest in the crypto ecosystem declines. There is no entitlement to redemption of Mirum tokens and repayment of the money paid.
Credipto does not currently intend to list Mirum tokens on a trading venue. It is therefore uncertain whether purchasers of Mirum tokens will be able to sell their tokens to third parties.
There may be further individual risks (e.g. in the case of external financing of the token purchase).
Credipto does not assess whether the token acquisition is in line with the investor's investment objectives or whether the investor can fully understand and assess the investment risks arising from the token acquisition.
Past returns are not an indicator of future returns.
8. Limitation of the offer:
The initial public offering for the purchase of Mirum tokens (“ICO”) is expected to end on December 30, 2024 (“End of Offering”).
The ICO consists of the following sale periods
First Round: 14.10.2024 - 01.11.2024
Second Round: 02.11.2024 - 29.11.2024
Third Round: 30.11.2024 - 30.12.2024
9. Payment and fulfillment:
The purchase price shall be paid after conclusion of the contract, at the investor's discretion, by payment using a legal tender or in cryptocurrencies to the account or Credipto wallet specified in the purchase confirmation. Mirum tokens are delivered once a valid purchase agreement has been concluded, the required anti-money laundering check has been completed and the purchase price has been paid.
After delivery, Mirum tokens are initially subject to a lock-up period during which investors cannot dispose of their tokens. The duration of the lock-up period depends on the time of purchase. After the lock-up period has expired, a certain number of Mirum tokens are released at monthly intervals:
Time of acquisition Time of first activation and amount of monthly activation (in basis points of the originally acquired number of tokens)
First round: 8 months after ICO expiry (2000 base points per month)
Second Round: 6 months after ICO expiry (1000 base points per month)
Third Round: 3 months after ICO expiry (1000 base points per month)
Early activation of Mirum tokens is possible against payment of a fee of 5% of the purchase price for the prematurely activated tokens.
10. Right of withdrawal:
The investor has a right of withdrawal. For further information, please refer to the withdrawal policy in Section II below.
11. Applicable law in pre-contractual relationships:
The law of the Federal Republic of Germany applies to all pre-contractual relationships.
12. Applicable law and place of jurisdiction:
The law of the Federal Republic of Germany shall apply to the contractual relationship.
The exclusive place of jurisdiction for all legal disputes is Frankfurt am Main.
13. Language of communication:
The language of communication, i.e. the language of the contractual terms and conditions and all related matters, is German. Any English versions are not binding.
14. Out-of-court complaint and redress procedure:
For disputes arising from the application of the provisions of the German Civil Code concerning distance selling contracts and financial services, there is an arbitration board at the Deutsche Bundesbank, Postfach 10 06 02, 60006 Frankfurt am Main, which can be called upon by the parties involved.
There is no general out-of-court complaint and appeal procedure.
Section II.
Cancellation policy
Section 1
Right of withdrawal
You can revoke your contractual declaration within 14 days without giving reasons by means of a clear declaration. The period begins after conclusion of the contract and after you have received the contractual provisions including the General Terms and Conditions and all the information listed below in Section 2 on a durable medium (e.g. letter, fax, e-mail). Timely dispatch of the revocation is sufficient to comply with the revocation period if the declaration is made on a durable medium. The revocation is to be sent to:
Credipto GmbH & Co. KG
[email protected]
Section 2
Information required for the start of the withdrawal period
The information within the meaning of Section 1 sentence 2 includes the following details:
1. The identity of the trader; the public business register in which the legal entity is registered and the associated register number or equivalent identifier must also be provided;
2. the main business activity of the entrepreneur and the supervisory authority responsible for its authorization
3. the entrepreneur's summonable address and any other address relevant to the business relationship between the entrepreneur and the consumer; in the case of legal persons, associations of persons or groups of persons, also the name of the authorized representative;
4. the essential characteristics of the financial service and information on how the contract is concluded
5. the total price of the financial service, including all related price components and all taxes paid via the trader or, if no exact price can be given, its basis of calculation, which enables the consumer to check the price;
6. any additional costs incurred and an indication of any other taxes or costs that are not paid or charged by the trader;
7. a statement that the financial service relates to financial instruments which, due to their specific characteristics or the transactions to be carried out, are subject to special risks or whose price is subject to fluctuations on the financial market over which the trader has no control, and that past returns are not an indicator of future returns;
8. a time limit on the period of validity of the information provided, for example the period of validity of time-limited offers, in particular with regard to the price;
9. details regarding payment and performance
10. the existence or non-existence of a right of withdrawal as well as the conditions, details of the exercise, in particular the name and address of the person to whom the withdrawal is to be declared, and the legal consequences of the withdrawal, including information on the amount that the consumer must pay for the service provided in the event of withdrawal, insofar as he is obliged to pay compensation (underlying provision: Section 357b of the German Civil Code);
11. the Member States of the European Union whose law the trader uses as a basis for entering into relations with the consumer before concluding the contract;
12. a contractual clause on the law applicable to the contract or on the competent court;
13. the languages in which the contractual terms and conditions and the prior information referred to in this withdrawal policy are communicated, as well as the languages in which the trader undertakes to communicate during the term of this contract with the consumer's consent;
14. whether the consumer can make use of an out-of-court complaint and redress procedure to which the trader is subject and, if so, the conditions for accessing it.
Section 3
Consequences of withdrawal
In the event of effective withdrawal, the services received by both parties must be returned. You are obliged to pay compensation for the value of the service provided up to the time of revocation if you were informed of this legal consequence before submitting your contractual declaration and have expressly agreed that the performance of the service in return can begin before the end of the revocation period. If there is an obligation to pay compensation, this may mean that you still have to fulfill the contractual payment obligations for the period up to the revocation. Your right of withdrawal expires prematurely if the contract has been completely fulfilled by both parties at your express request before you have exercised your right of withdrawal. Obligations to reimburse payments must be fulfilled within 30 days. This period begins for you when you send your declaration of revocation and for us when we receive it.
End of the withdrawal policy
