This subscription agreement (the "Agreement") is made and entered into as of [Date] by and between [Subscriber's Full Name], an individual or legal entity (the "Subscriber"), and Netizen3, a Swiss entity acting as the operating entity for the funding of the WikiDeal project ("Netizen3").
WikiDeal is an open, non-speculative platform project supervised by the Ynternet.org Foundation (the "Foundation"). Netizen3 is the entity that receives and administers the funds raised for the WikiDeal project, under the full oversight of the Foundation. Netizen3 operates under WikiDeal's Real Cost Commission model: all commissions and operating costs are charged at real cost, with no profit objective and no hidden costs. The Subscriber wishes to support the development of WikiDeal through a financial subscription, in exchange for Subscription Tokens as defined below.
"Subscription" — the financial contribution made by the Subscriber to Netizen3 under this Agreement.
"Subscription Tokens" — conditional rights to a share of future platform subscription revenue, granted to the Subscriber in proportion to the Subscription, out of a total package of 50,000,000 (fifty million) Subscription Tokens. Subscription Tokens are not shares, not debt instruments, and carry no guarantee of return.
"Real Cost Commission" — WikiDeal's commission model whereby all fees and operating costs are charged strictly at real cost, as documented on the WikiDeal platform.
"Foundation" — the Ynternet.org Foundation, supervising authority of the WikiDeal project and of Netizen3.
"Steering Committee" — the WikiDeal steering committee appointed by the Foundation.
"Project" — the conceptualization and development of WikiDeal's Prototype 1, as described in Appendix A.
The object of this Agreement is (a) the Subscription made by the Subscriber to Netizen3 to finance the real costs of the Project, and (b) the grant to the Subscriber of Subscription Tokens under the conditions set out herein. This is a subscription agreement: it is not a donation, and no donation is made under this Agreement.
The Subscriber agrees to make a financial subscription of the chosen and paid amount (the "Subscription") to Netizen3 to support the Project. This Subscription is part of a limited fundraising call capped at a total of 1,000,000 CHF. Netizen3 shall allocate 100% of the funds received to the real costs of the WikiDeal project, in accordance with the deliverables set forth in Appendix A, with no profit margin and no hidden costs.
In consideration of the Subscription, the Subscriber is granted Subscription Tokens in proportion to the Subscription, out of the total package of 50,000,000 Subscription Tokens. Subscription Tokens are conditional rights to a share of future subscription revenue of the WikiDeal platform. They are governed by the redistribution framework published on the WikiDeal platform, which may evolve over time; they are community redistribution algorithms, not contractual promises of return.
Redistribution mechanism: a minimum of 25% — and up to 50% — of the gross revenue of each subscription paid by a platform user is automatically reallocated to Subscription Token holders through the redistribution algorithm. Early supporters benefit from the guaranteed minimum rate of 25% of gross subscription revenue.
Illustrative projection (not a commitment): based on the projections published on the WikiDeal wiki, the entire tokenized amount may theoretically be recovered in cash over a period of 3 to 7 years. This projection is provided for illustration only, is sourced from the WikiDeal wiki, and does not constitute any contractual commitment, promise or guarantee by Netizen3.
The Subscriber acknowledges and accepts that Subscription Tokens carry no guarantee of return. There is no absolute guarantee of financial return, cash-out, or success of the Project. The Project involves inherent technical, commercial and operational risks. The Subscription is made at the Subscriber's own risk, without right of termination or ordinary legal recourse. While Netizen3 has a clear intention that Subscription Tokens be paid out based on future platform subscriptions, such payouts depend entirely on the actual subscription revenue generated by the platform.
The cash-out path for Subscription Tokens is the following: inactive token → active token (activated through subscription revenue as per Clause 4) → stablecoin → cash.
Netizen3 proposes one or more external partners offering a simplified "one-click convert" service for the conversion of activated tokens. However, the Subscriber expressly acknowledges that Netizen3 is not an exchange and does not itself provide the final conversion into fiat currency: providing such conversion would subject Netizen3 to Swiss financial-market regulation (FINMA). The final conversion is performed exclusively by external, independent partners, under the Subscriber's sole responsibility.
The Subscriber is solely responsible for declaring any income derived from Subscription Tokens to the competent tax authorities.
Netizen3 irrevocably commits to:
Netizen3's contractual commitments toward the Subscriber are limited to: (a) pursuing the deliverables set forth in Appendix A with best efforts; (b) actively stimulating platform subscriptions; and (c) providing access to the arbitration mechanism described in Clause 10. No other commitment, express or implied, is made.
Netizen3 operates under the supervision of the Ynternet.org Foundation. The Foundation appoints the WikiDeal Steering Committee, whose decisions are binding on Netizen3. The Foundation holds full financial audit rights over Netizen3. The real-cost pricing rules applicable to Netizen3's operating costs are defined by the Foundation. The Subscriber acknowledges this governance structure and accepts that strategic decisions concerning the Project are made within this framework.
The Subscriber declares having read and understood the risk information published on the WikiDeal platform, and acknowledges in particular that: (a) the Project may fail in whole or in part; (b) Subscription Tokens may never generate any payout; (c) the value and convertibility of stablecoins and the availability of external conversion partners are outside Netizen3's control; (d) the regulatory environment may evolve; and (e) the Subscription may result in a total loss. The Subscriber confirms that the Subscription does not represent an amount whose loss would endanger their financial situation.
Netizen3 shall not be liable for any losses or damages arising directly or indirectly from the Subscription or the development of the Project, except in cases of willful misconduct or gross negligence. This Agreement constitutes the entire agreement between the parties and supersedes any prior donation-related document. The Subscriber expressly waives their right to ordinary jurisdiction in favor of the simplified arbitration process, as described and under construction on the WikiDeal platform (Arbitration).
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
[Subscriber's Full Name] — Subscriber
Netizen3 — By: [Authorized Signatory]
The deliverables referenced above are living documents, maintained publicly on the WikiDeal site. The versions applicable to this Agreement are those published at the date of signature. At each signature, a dated snapshot of these pages is produced and stored in the versions folder. The link to that snapshot is handed to the Subscriber together with their certificate.