# Introduction

Gotchi - the first Web 3.0 Work Marketplace based on a work-to-earn concept.

Gotchi Work Marketplace is a decentralized platform built around one of the most important areas of human life - work. Gotchi is the first project to bring the work-to-earn concept based on Web 3.0 to life.

Work, earn and earn.

Users get Gotchi Avatars and by working, completing various tasks and participating in challenges, increase their karma and performance of their Gotchi, thus increasing the level of earned $GON tokens, which can be used within the platform or cashed out for profit.

Work-2-earn (W2E) is a new term for Work Marketplace and Freelance Exchanges, where users can earn cryptocurrencies and NFT tokens from their work activity in addition to their main income. The Work-2-earn mechanism is used for the first time in the Gotchi Work Marketplace.

Gotchi aims to solve the main problems of centralized freelance platforms to create the next generation WEB3 marketplace, giving people more opportunities to earn, by applying game elements to the work process, ensuring full transparency and security of all processes, completely eliminating discrimination and by giving users the right to decide the fate of platform development.


# Mission

​​To encourage self-improvement and well-being of its users Gotchi Work Marketplace has decided to start with the fundamental component of any human being's life - work. Work is not just a money-making activity, but a tool of self-expression, an opportunity to do amazing things, to reach incredible heights, to leave behind a legacy and to make the world a little better.

The pandemic has shown humanity how fast things can change and that the world will no longer be the same. Most people are moving to telecommuting, technology is replacing old professions, and an arsenal of new professions is emerging that the market demands. In the current situation, we developed following steps to change the situation:

* **Decentralization of processes.** All existing platforms have a clear structure with a small group of people, directors and managers, making decisions partly without knowing the needs of the market and being guided by their selfish interests. Only the decentralization of such platforms can boost the development, tremendous growth and trust on the part of customers and performers.
* **A new approach to job searching.** Classical education systems and job search platforms fail to keep pace with the market, are time consuming and do not necessarily respond correctly to such demands, fail to provide an opportunity to find specialists in new and in-demand fields. We focus on the development of modern and relevant professions that are relevant today and will be in demand in the future.
* **Decent pay for performers.** Companies and corporations charge a lot of money for their services, leaving only a small portion to the actual performers, namely their full-time employees. We suggest removing that layer and giving people a chance to organize themselves and to work in pools to do large-scale projects.
* **Full transparency of processes.** Classic job or employment sites operate like ordinary web- sites, without the use of blockchain and Web 3.0. As a consequence, any information can be replaced with at any given time suiting the needs of the beneficiary, be it a company or a private contractor. By hiding and deleting comments and reviews from real people, it is difficult to determine person's actual qualifications and honesty. By creating a blockchain-based platform, we bring full transparency to all work processes.

**Decentralized Gotchi Work Marketplace platform is the best solution.**

To tackle these issues, Gotchi Work Marketplace creates a decentralized job search and employment platform, and provide:

* **Transaction’s security on a smart contract.** All transactions made on the platform are made on the basis of a smart contract, which provides full security in payment and confirmation of terms without a mediator. Any disputes arising between the customer and the contractor are resolved by a consortium of community members without the involvement of the administration and any third party, ensuring full transparency and fairness of the decisions made. Any decision can be appealed to the appeal board, whose members are users with a higher karma level.
* **Extra Earnings.** Each performer can pump up his Gotchi avatar and get $GON token from each completed order, participating in challenges and completing tasks.
* **Registration on the portal through wallet** without the need for verification via phone number and without passport confirmation. (In countries where local legislation requires platforms to collect personal data such as phone number, we will be forced to collect and securely store it)
* **Teamwork.** An option that allows performers to join teams and accept large orders that they are not able to implement on their own. This system is a direct competitor to large companies, where people come together and organize to solve problems and receive income that is fairly divided among the participants.
* **Confirmation of performers' qualifications by passing special tests.** Scammers often disguise themselves as experts, stealing their work and passing it off as their own, often without basic knowledge. Performers will be able to take tests to confirm their qualifications in different areas. Such data is stored in a blockchain and is completely transparent, allowing customers to clearly understand the skill level of the contractor.
* **AI algorithms for contractor and customer matching.** By placing an order or service offer, we use artificial intelligence algorithms to best match the customer to the contractor and vice versa, thereby reducing search time and helping to deliver the project even better.
* **Customer and community support for top performers.** Every customer has the possibility to nominate a top performer to the top-performers-rating, where the whole community votes for performers and the top performers get the bonuses collected by the whole community.
* **Brand-new and advanced areas of work.** Gotchi Work Marketplace and its community are responsive to market demands and changes, publishing and educating new specialists in newly emerging professions.
* **Rapid response to user requests for the implementation of new functionality.** The community, implementers and customers can submit individual and collective requests for platform improvement so that Gotchi Work Marketplace developers can implement exactly what the community needs.
* **Community directly influences the development of platform.** The Gotchi Work Marketplace community directly influences the further development of the platform by making suggestions and actively participating in the development of the system.

Gotchi Work Marketplace is the ultimate open, technological and secure job search platform.


# Getting Started

To get started, users have to register at Gotchi Work Marketplace.

Registration is available through your wallet Metamask or via email. When registering through a wallet, users can add their account with an email and get access to the personal account from any device.

After registration users can supplement their account with information about themselves and confirm their qualification by taking a test in an appropriate work area.

To earn $GON tokens users have to deposit a minimum of 500 MATIC to their wallet and buy 1 Gotchi of his working sphere.

Users can use basic features of Gotchi Work Marketplace platform to work without buying a Gotchi Avatar, yet without being able to earn tokens, all attributes, gems, participation in championships and without other platform bonuses.

Users can also buy an egg for 250 MATIC. One of 10 Gotchi of any class and rarity-degree and any working sphere can fall out of the egg.


# Avatars


# Gotchi

#### **Gotchi**

Gotchi are creatures that are users' avatars. By upgrading their Gotchi, gaining, earning and acquiring additional skills, the user increases the possibilities for their passive income, the development of their personal working skills and the development of their character. Users develop along with their Gotchi avatar.

#### **Gotchi Types**

The total number of Gotchi is 10 unique avatars. Each can be a specialist in any of the 5 working areas. A Gotchi of each type gives users an opportunity to earn $GON token when completing tasks in the corresponding work area. Users don’t earn $GON Token by performing work and tasks from another sphere that does not match corresponding Gotchi. *For example: a user has a Gotchi Designer and his main activity is design, thus he earns a $GON token for the work he does, but if he performs tasks from the programming sphere, the user will not get a $GON token, he needs Gotchi Programmer for that.* \
Gotchi Boss is a particular category of Gotchi avatars that applies only to customers.

10 Characters. Each can be of any category.

1. Gotchi Designer
2. Gotchi Programmer
3. Gotchi Musician
4. Gotchi Animator
5. Gotchi Marketer
6. Gotchi Boss

#### **Gotchi Attributes**

* **Luck.** Indicator of luck determines the frequency of falling out of the chests and their quality. Also, luck affects the Lottery (coming soon) and in the Random Performer system (coming soon).
* **Slots.** Number of slots for the current gems.
* **Experience.** Indicator of the Gotchi development and activity. By filling the experience scale, the Gotchi moves to a new level.
* **Energy.** Energy is spent when the user makes the proposal.
* **Level.** Level is an indicator of Gotchi evolution.
* **Efficiency.** Parameter that affects the $GON token earning.

#### **Gotchi Rarity**

There are five degrees of Gotchi rarity. Each degree of rarity is lined up sequentially on a scale of minimum and maximum Gotchi levels. All five degrees of Gotchi rarity range from level 1 to 30. While minting a higher rarity Gotchi, the lowest rarity Gotchi should be on the max level. [*See more about Gotchi Minting*](/avatars/gotchi-mint)*.*

<table><thead><tr><th width="207.93768545994067">Rarity</th><th width="249.33333333333331" align="center">Range lvl</th></tr></thead><tbody><tr><td>Common</td><td align="center">1-5</td></tr><tr><td>Rare</td><td align="center">6-10</td></tr><tr><td>Mythical</td><td align="center">11-15</td></tr><tr><td>Epic</td><td align="center">16-20</td></tr><tr><td>Legendary</td><td align="center">21-30</td></tr></tbody></table>

When minting a new Gotchi, the value of each attribute will be chosen randomly between the minimum and maximum values according to the degree of Gotchi's rarity. Thus, Gotchi of the same rarity degree can have completely different attribute distributions. [See more about Gotchi Minting](/avatars/gotchi-mint).

Allocation of points to attributes. With each new level, the user receives a specified number of points to develop Gotchi attributes. Points can be distributed across attributes in any ratio.

#### Gotchi Level

Level is a Gotchi\`s attribute and is tied only to Gotchi.

Gotchi level increases with completion of tasks, challenges, bonus gems, and by burning the $GON token.

After reaching each level, users receive from 2 to 10 additional points to improve Gotchi attribute scores of their choice.

Gotchi levels increase as the experience bar fills up.

**Additional bonuses unlockable upon reaching these level milestones:**

| Gotchi Level | Unlock                                                |
| ------------ | ----------------------------------------------------- |
| Lvl 5        | Gem slot unlock / Possibility to mint                 |
| Lvl 10       | Ability to participate in contests /  Gem slot unlock |
| Lvl 15       | Gem slot unlock                                       |
| Lvl 20       | Ability to rent out Gotchi                            |
| Lvl 25       | Gem slot unlock                                       |
| Lvl 30       | Increased earning                                     |

#### **Gotchi Energy**

Energy is an attribute of Gotchi avatar and is tied only to Gotchi.&#x20;

The maximum amount of collected energy for 1 Gotchi can reach 300.&#x20;

Users receive 10 auto-replenishment energies per 24 hours. Users can increase their Gotchi Energy attribute and increase the daily amount of energy it receives.&#x20;

Energy can be obtained by natural growth, purchase on the marketplace and in chests. The amount of energy can be increased by bonus gems. Energy cannot be transferred, sold or given as a gift to other users. The energy parameter does not apply to Gotchi Boss.&#x20;

When purchasing and receiving Gotchi, users receive 100 energies.

The cost of 1 application:

|               | Energy amount |
| ------------- | ------------- |
| <100$         | 2 energies    |
| 100$-500$     | 5 energies    |
| 500$-5000$    | 10 energies   |
| $5000-$50,000 | 25 energies   |
| >50.000$      | 50 energies   |

The energy scale starts at 100 with the rarity level Common, and can reach 300 when you reach the rarity rating of Legendary.

| Rarity     | Max energy |
| ---------- | ---------- |
| Common     | 100        |
| Rare       | 150        |
| Epic       | 200        |
| Super Epic | 250        |
| Legendary  | 300        |

#### **Items**

Each Gotchi can carry 6 built-in items.

Items are not bought or sold separately, but are part of the NFT and determine the rarity of Gotchi NFT, his level, karma increase and bonuses to his attributes.

6 categories of items:

* Headpiece
* Hand Item
* Clothes
* Shoes
* Backpack
* Accessory / Glasses / Mask

#### **Workspace**

One work area equals 1 Gotchi. The more Gotchi, the more work areas users will have. By agreeing to a job, the user chooses a specific Gotchi for that job and the Gotchi becomes “busy” and cannot agree to a new job until the current one is finished.


# Gotchi Mint

Gotchi-Minting is an event when a user uses 2 of his Gotchi of the same degree of rarity and the same level to create a new Gotchi of a higher degree of rarity.

This minting process (hatching a new Gotchi from the egg) takes 48 hours.

Both original Gotchi are burned after the mint is completed.

Only Gotchi of the single highest level of their degree of rarity are allowed in a mint. \
Any type of Gotchi, of any working class, may be used in a mint.

Users receive their rarer Gotchi immediately after the egg is broken.

The cost of a mint is paid with a $GON token.


# W2E System

Users earn a $GON token after each completed order, given they have at least 1 Gotchi. When receiving an order, user must select one of their Gotchi and after the task is completed, comes the calculation of earnings token $GON.

Earnings limit from 1 order: \
Users start earning $GON Token with a maximum of 10 tokens and can increase their $GON earnings up to 300 tokens per order by increasing their Gotchi level.

Factors affecting $GON earnings:

* karma value
* value of Gotchi level
* Gotchi efficiency
* order amount
* order duration
* user activity
* active gems and boosters
* number of Gotchi owned
* configurable value


# Working areas

Gotchi Work Marketplace is a platform for working and earning passive income. The main areas of work to which Gotchi avatars will be attached will be the following areas:

* Programming & Tech
* Music & Audio
* Video & Animation
* Graphics & Design
* Digital Marketing


# Karma

Karma is an attribute of the user's account and is tied only to the account. Karma cannot be sold, bought, given or transferred. Karma is the main indicator of the platform, affecting all of the user's performance.

#### **Karma can rise and fall:**

* Increases from completed orders and their price;
* Increases/decreases from a customer's likes/dislikes;
* decreases as a result of inactivity of the user.

#### **General parameters of karma:**

* The maximum level of karma depends on the number of Gotchi and their progression;
* The karma level is an attribute of the account.

#### What does karma do?

* Affects the annual percentage when Staking;
* Is the overall rating of the account;
* Influences the account's AI output when searching for performers;
* Influences the amount of $GON Token earnings.

Each user receives 1.000 karma upon registration.


# Gems, Chests and Sockets

#### **Gems**

There are 5 types of gems, where each gem is assigned a different attribute:

* Red: Karma&#x20;
* Yellow: Energy&#x20;
* Green: Luck&#x20;
* Blue: Experience&#x20;
* Pink: Contests

All gems are divided into 5 categories of rarity:

* Common&#x20;
* Rare&#x20;
* Mythical&#x20;
* Epic&#x20;
* Legendary

There are also Temporary and Permanent gems:

#### **Temporary**

* Bonus to karma for the next order
* Additional amount of energy
* Discount on cost of feedback&#x20;
* Free contest pass&#x20;
* Increase in any of Gotchi attributes
* Discount on energy recovery cost

#### **Permanent**

* Increase in any of Gotchi attributes&#x20;
* Discount on the cost of feedback&#x20;
* Bonus to order proceeds
* Accelerated Karma Gain

All gems are dropped in chests after performing actions or can be bought in the marketplace.

#### **Chiests**

Chests are loot boxes that can fall randomly to a user at the time of the task and appear to the user when increasing the level of karma, raising the level of Gotchi, completing tasks.&#x20;

The chest carries 5 items that can be used immediately, put in the basket or sold on the marketplace. Each chest has a certain amount of time to open, after the time has expired, if the chest was not opened, it disappears from the user.

**Sockets**

Each Gotchi avatar has 5 slots, marked by color, relating to the corresponding type of gems. Only 1 gem can be inserted into one slot at a time. At Gotchi level 0, all slots are locked and 1 slot is unlocked when Gotchi levels 5, 10, 15, 20 and 25 are reached. When unlocking a slot, the user can choose which slot to unlock.


# Challenges (TBA)

Coming Soon


# Achievement (TBA)

Coming Soon


# Security & Technologies


# Decentralization and security

The platform adheres to the basic principles of decentralization for the best development and to avoid stagnation in development.&#x20;

Each user can apply for changes in the platform's operation and other users can support or reject this application. All applications are open for discussion and revision.&#x20;

All disputes within the platform are resolved through user arbitration, without a centralized management system.&#x20;

All transactions are made through a smart contract, which ensures complete security for both parties to the transaction.


# AI Matching Algorithms (TBA)

The platform uses the latest approaches to finding work (job) in all areas, one of which is the direct search for performers and customers. Customers do not have to spend a plenty of time searching for necessary performers. The algorithm of matching based on Artificial Intelligence will do it for them: select the best performer for the task and offer a choice from the list of performers, saving the customer's time and taking the search of freelancers to a new level.


# Confirmation of qualifications

Confirmation of qualifications is an optional method of skills-conformation. After registration, all users receive an account without the right to add their portfolio, for the sake of full openness of the platform and transparency of actions. Users can raise their level of qualification by taking specialized tests, showing their skills and abilities to customers.


# Inventory

Gotchi Work Marketplace Inventory has two different areas:

* Gotch NFT takes up one slot. Users have a total of 128 Gotch slots
* Gotch, chests and eggs take up one slot each. Users have a total of 500 Gotch slots


# Future


# Staking (TBA)

Staking Rewards are a powerful tool in the crypto currency space (and sovereign currency space in the form of bonds) to drive buy-side interest in the token.&#x20;

A healthy token is not just its price stable and growing, but also there needs to be a liquid market.


# Healthy schedule (TBA)

Gotchi Work Marketplace takes care of your health.&#x20;

Healthy Graph is a system for tracking user activity that reads the user's work schedule for different periods of time. By performing work in the same time range every day, users get additional bonuses and karma increases. If a healthy and stable work schedule is disrupted, bonuses and karma increases are minimized, encouraging users to maintain a healthy lifestyle and a stable work and sleep schedule.


# Team Work (TBA)

Coming Soon


# Customers and performers

Gotchi Work Marketplace cares about its users, both customers and performers. We provide performers with a wide range of opportunities to earn extra money and get involved in the work process, but we also create a customer-friendly platform where customers no longer have to waste time searching for the right performer, doubt their trustworthiness, worry about payment security and can get cashback on every order.

#### **What we provide for customers:**

* Low service fees
* Easier to choose a performer
* Good quality work
* Verified portfolio
* Work process tracking
* Smart Contract secure payments
* No work overload
* Cashback


# Roadmap

![](/files/GLNH8PYHz9nDHevpNlDs)


# Tokenomics

![](/files/u326AYahk22yP4HvGrq9)

**Ticker: $GON** \
**Max Supply: 1,000,000,000**

$GON holders are meant to influence the future of Gotchi Work Marketplace by signaling their support for upgrades to the ecosystem and acquiring rewards on staking. $GON holders do not gain control/ownership of the company Gotchi Work Marketplace or acquire a stake/part/share of the company Gotchi Work Marketplace.

#### **Fees:**

* Marketplace Trading Fee 2%&#x20;
* Transaction for tasks 3%&#x20;
* Mint Gotchi 4%


# Conclusion

Over the next 5 years, our experienced and dedicated team will create a unique platform where you can work to earn and make money, on the first working Web 3.0 Work Marketplace.


# Community

Website - [www.gotchi.co](https://gotchi.co)\
Email - <gotchi@gotchi.co>\
Twitter - <https://twitter.com/GOTCHIofficial>\
Telegram - <https://t.me/GOTCHIofficial>\
Discord - TBA&#x20;


# Disclaimer

The information in this whitepaper is subject to change or update. Therefore, it should not be construed as a commitment, promise or guarantee by Gotchi or any other individual or organization mentioned in this whitepaper regarding the future availability of services, the use of the tokens and their future performance or value.

The document does not constitute an offer or solicitation to sell shares or securities. It does not constitute or form part of and should not be construed as any offer for sale or subscription of or any invitation to buy or subscribe for any securities not should it or any part of it form the basis of or be relied upon in any connection with any contract or commitment whatsoever. Gotchi expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in the whitepaper, any error, omission or inaccuracy in any such information or any action resulting therefrom.

This is not a recommendation to buy or financial advice, but rather strictly informational. Do not trade or invest in any tokens, companies or entities based solely upon this information. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. Investors should conduct independent due diligence, with assistance from professional financial, legal and tax experts, on topics discussed in this document and develop a standalone judgment of the relevant markets prior to making any investment decision.

The information contained in this document may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. No representations or warranties are made as to the accuracy of such forward-looking statements. Any projections, forecasts and estimates contained in this document are necessarily speculative in nature and are based upon certain assumptions. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, most of which are beyond control. It can be expected that some or all of such forward-looking assumptions will not materialize or will vary significantly from actual results.

United States of America and its Territories

Transfer and sale of the tokens in the territory of the United States and/or by residents or citizens of the United States and/or when representing the interests of beneficiaries who are residents or citizens of the United States is not permitted. The Tokens have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may be offered and sold only outside the United States of America to Non-U.S. Persons (and/or residents) in Offshore Transactions in reliance on Regulation S under the Securities Act. No transfer or sale of the tokens in the territory of United States is permitted. No transfer or sale of the tokens by residents and citizens of the United States is permitted.

The Tokens have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States or its possessions or to, or for the account or benefit of, U.S. persons except in accordance with Regulation S under the Securities Act ("Regulation S") or pursuant to an exemption from the registration requirements of the Securities Act. Terms used in this paragraph have the meanings given to them by Regulation S. Each of the Managers has represented and agreed that, except in accordance with Rule 903 of Regulation S, it will not offer or sell the Tokens within the United States or to, or for the account or benefit of, U.S. persons (i) as part of its distribution at any time, or (ii) otherwise until 40 days after the later of the commencement of the offering or the closing date, and it will have sent to each Manager to which it sells Tokens during the 40-day restricted period a confirmation or other notice setting forth the restrictions on offers and sales of the Tokens within the United States or to, or for the account or benefit of, U.S. persons. Terms used in this paragraph have the meanings given to them by Regulation S. The Tokens may not be purchased by or transferred to any employee benefit plan subject to Title I of the U.S. Employee Retirement Income Security Act of 1974, as amended, any plan or arrangement subject to Section 4975 of the U.S. Internal Revenue Code of 1986, as amended, or any entity whose underlying assets include the assets of any such employee benefit plans, plans or arrangements.


# Terms of Use

The following Terms and Conditions (“Terms”) govern your (“you” or the “Purchaser”) purchase of cryptographic tokens (“$GON”) from Blockchain RC Ltd., an exempted company registered in British Virgin Islands (the “Company”). Each of you and the Company is a “Party” and, together, the “Parties” to these Terms. This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the $GON token sale.&#x20;

IF YOU DO NOT AGREE TO THESE TERMS, DO NOT PURCHASE $GON FROM THE COMPANY. BY PURCHASING $GON FROM THE COMPANY, YOU WILL BE BOUND BY THESE TERMS AND ANY TERMS INCORPORATED BY REFERENCE. IF YOU HAVE ANY QUESTIONS REGARDING THESE TERMS, PLEASE CONTACT THE COMPANY VIA <https://t.me/gotchico>. By purchasing $GON, and to the extent permitted by law, you are agreeing not to hold any of the the Company and its respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (the “Gotchi Team”) liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected, to the sale of $GON, including losses associated with the terms set forth below.&#x20;

DO NOT PURCHASE $GON IF YOU ARE NOT AN EXPERT IN DEALING WITH CRYPTOGRAPHIC TOKENS AND BLOCKCHAIN-BASED SOFTWARE SYSTEMS. PRIOR TO PURCHASING $GON, YOU SHOULD CAREFULLY CONSIDER THE TERMS LISTED BELOW AND, TO THE EXTENT NECESSARY, CONSULT AN APPROPRIATE LAWYER, ACCOUNTANT, OR TAX PROFESSIONAL. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT PURCHASE GON.&#x20;

PURCHASES OF $GON SHOULD BE UNDERTAKEN ONLY BY INDIVIDUALS, ENTITIES, OR COMPANIES THAT HAVE SIGNIFICANT EXPERIENCE WITH, AND UNDERSTANDING OF, THE USAGE AND INTRICACIES OF CRYPTOGRAPHIC TOKENS, INCLUDING BSC TOKENS, AND BLOCKCHAIN BASED SOFTWARE SYSTEMS. PURCHASERS SHOULD HAVE A FUNCTIONAL UNDERSTANDING OF STORAGE AND TRANSMISSION MECHANISMS ASSOCIATED WITH OTHER CRYPTOGRAPHIC TOKENS. WHILE THE COMPANY WILL BE AVAILABLE TO ASSIST PURCHASERS OF $GON DURING THE SALE, THE COMPANY WILL NOT BE RESPONSIBLE IN ANY WAY FOR LOSS OF BNB, ETH OR $GON RESULTING FROM ACTIONS TAKEN BY, OR OMITTED BY PURCHASERS. IF YOU DO NOT HAVE SUCH EXPERIENCE OR EXPERTISE, THEN YOU SHOULD NOT PURCHASE $GON OR PARTICIPATE IN THE SALE OF $GON. YOUR PARTICIPATION IN $GON SALE IS DEEMED TO BE YOUR UNDERTAKING THAT YOU SATISFY THE REQUIREMENTS MENTIONED IN THIS PARAGRAPH.&#x20;

OUR SITE AND SALES OF $GON TOKEN IS NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN THE UNITED STATES OF AMERICA OR ANY RESTRICTED TERRITORY, AS DEFINED BELOW (ANY SUCH PERSON OR ENTITY, A “RESTRICTED PERSON”). WE DO NOT MAKE EXCEPTIONS. IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO ACCESS OR USE THE SITE. USE OF A VIRTUAL PRIVATE NETWORK (E.G., A VPN) OR OTHER MEANS BY RESTRICTED PERSONS TO ACCESS OR USE THE SITE IS PROHIBITED.

**1. Conditions to $GON token sale**&#x20;

YOU MAY NOT ACQUIRE $GON TOKENS IF YOU ARE A CITIZEN, RESIDENT (TAX OR OTHERWISE) OF ANY OF THE FOLLOWING COUNTRIES:&#x20;

Afghanistan, Albania, Burundi, Central African Republic, Cote d’Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Liechtenstein, Myanmar (Burma), North Korea, North Macedonia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, United States of America, Venezuela, Yemen, and Zimbabwe.&#x20;

When you purchase, or otherwise receive, a $GON token, you may only do so by accepting the following conditions and, by doing so, you warrant and represent that the following are a true and accurate reflection of the basis on which you are acquiring the $GON tokens:&#x20;

* neither the Company nor any of the Gotchi Team has provided you with any advice regarding whether $GON is a suitable investment for you;&#x20;
* you have sufficient understanding of the functionality, usage, storage, transmission mechanisms and intricacies associated with cryptographic tokens, such as BNB and Ether, as well as blockchain-based software systems generally;&#x20;
* you are legally permitted to receive and hold and make use of $GON in your and any other relevant jurisdiction;&#x20;
* you will supply us with all information, documentation or copy documentation that we require in order to allow us to accept your purchase of $GON and allocate $GON to you;&#x20;
* you have not supplied us with information relating to your acquisition of $GON or otherwise which is inaccurate or misleading;&#x20;
* you will provide us with any additional information which may be reasonably required in order that we can fulfil our legal, regulatory and contractual obligations, including but not limited to any anti-money laundering obligation;&#x20;
* you will notify us promptly of any change to the information supplied by you to us;&#x20;
* you are of a sufficient age (if an individual) to legally obtain $GON, and you are not aware of any other legal reason to prevent you from obtaining $GON;&#x20;
* you take sole responsibility for any restrictions and risks associated with receiving and holding $GON, including but not limited to these set out in Annex A;&#x20;
* you do not buy shares, stocks, bonds, or other securities of the company;&#x20;
* tokens $GON are not, under any circumstances or jurisdiction, securities and cannot be treated as such;&#x20;
* by purchasing $GON tokens, you support the Gotchi project for further development. After selling the tokens $GON, the Company does not owe you anything in any way.&#x20;
* by acquiring $GON, you are not making a regulated investment, as this term may be interpreted by the regulator in your jurisdiction;&#x20;
* you are not obtaining or using $GON for any illegal purpose, and will not use $GON for any illegal purpose;&#x20;
* you waive any right you may have / obtain to participate in a class action lawsuit or a class wide arbitration against any entity or individual involved with the sale of $GON;&#x20;
* your acquisition of $GON not involve your purchase or receipt of shares, ownership or any equivalent in any existing or future public or private company, corporation or other entity in any jurisdiction;&#x20;
* to the extent permitted by law and provided we act in good faith, the Company makes no warranty whatsoever, either expressed or implied, regarding the future success of $GON and/or the Binance Smart Chain Network;&#x20;
* you accept that $GON is created and you obtain $GON on an “as is” and “under development” basis. Therefore, provided the Company acts in good faith, you accept that the Company is providing $GON without being able to provide any warranties in relation to $GON, including, but not limited to, title, merchantability or fitness for a particular purpose;&#x20;
* you accept that you bear sole responsibility for determining if (i) the acquisition, the allocation, use or ownership of $GON (ii) the potential appreciation or depreciation in the value of $GON over time, if any, (iii) the sale and purchase of $GON; and/or (iv) any other action or transaction related to $GON has tax implications.&#x20;

**2. Overview of $GON sale**

$GON is required for proper operation and comprehensive utilization of Gotchi (as defined in the white paper (the “White Paper”) provided at <https://gotchi.co> (the “Website”) as of the date the Purchaser acquires $GON token). To the extent they do not contradict these Terms, the rights connected to $GON are subject to the limitations set out in the White Paper, but this should in no case create obligations for the Company in addition to the ones contained in these Terms.&#x20;

**3. All purchases of $GON are final**

ALL PURCHASES OF $GON ARE FINAL. PURCHASES OF $GON ARE NON-REFUNDABLE. BY PURCHASING $GON, THE PURCHASER ACKNOWLEDGES THAT NEITHER THE COMPANY NOR ANY OF ITS AFFILIATES, DIRECTORS OR SHAREHODELRS ARE REQUIRED TO PROVIDE A REFUND FOR ANY REASON.&#x20;

IF THE COMPANY BELIEVES, IN ITS SOLE DISCRETION, THAT ANY INDIVIDUALS OR ENTITIES OWNING $GON CREATES MATERIAL REGULATORY OR OTHER LEGAL RISKS OR ADVERSE EFFECTS FOR THE COMPANY AND/OR $GON, THE COMPANY RESERVES THE RIGHT TO: (A) BUY ALL $GON FROM SUCH $GON OWNERS AT THE THEN-EXISTING MARKET PRICE AND/OR (B) SELL ALL CRYPTOCURRENCY ASSETS OF THE COMPANY.&#x20;

**4. Taxation of $GON and Taxation Related to the Token Sale**&#x20;

The Purchaser bears the sole responsibility to determine if the purchase of $GON with BNB or the potential appreciation or depreciation in the value of $GON over time has tax implications for the Purchaser in the Purchaser’s home jurisdiction. By purchasing $GON, and to the extent permitted by law, the Purchaser agrees not to hold any of the Company, its affiliates, shareholders, director, or advisors liable for any tax liability associated with or arising from the purchase of $GON.&#x20;

**5. Privacy**

The Purchasers may be contacted by email by the Company. Such emails will be informational only. The Company will not request any information from Purchasers in an email. See our Privacy Policy available on the Website for additional information&#x20;

**6. Force Majeure**

The Gotchi Team is not liable for failure to perform solely caused by:&#x20;

* unavoidable casualty,
* delays in delivery of materials,
* embargoes,
* government orders,
* acts of civil or military authorities,
* acts by common carriers,
* emergency conditions (including weather conditions),
* security issues arising from the technology used,

or any similar unforeseen event that renders performance commercially implausible. If an event of force majeure occurs, the party injured by the other’s inability to perform may elect to suspend the Terms, in whole or part, for the duration of the force majeure circumstances. The party experiencing the force majeure circumstances shall cooperate with and assist the injured party in all reasonable ways to minimize the impact of force majeure on the injured party.&#x20;

**7. Disclaimer of Warranties**

THE PURCHASER EXPRESSLY AGREES THAT THE PURCHASER IS PURCHASING $GON AT THE PURCHASER’S SOLE RISK AND THAT $GON IS PROVIDED ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF TITLE OR IMPLIED WARRANTIES, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE (EXCEPT ONLY TO THE EXTENT PROHIBITED UNDER APPLICABLE LAW WITH ANY LEGALLY REQUIRED WARRANTY PERIOD TO THE SHORTER OF THIRTY DAYS FROM FIRST USE OR THE MINIMUM PERIOD REQUIRED). WITHOUT LIMITING THE FOREGOING, NONE OF THE  GOTCHI TEAM WARRANTS THAT THE PROCESS FOR PURCHASING $GON WILL BE UNINTERRUPTED OR ERROR-FREE.&#x20;

**8. Limitations Waiver of Liability**

THE PURCHASER ACKNOWLEDGES AND AGREES THAT, TO THE FULLEST EXTENT PERMITTED BY ANY APPLICABLE LAW, THE DISCLAIMERS OF LIABILITY CONTAINED HEREIN APPLY TO ANY AND ALL DAMAGES OR INJURY WHATSOEVER CAUSED BY OR RELATED TO (i) USE OF, OR INABILITY TO USE, $GON OR (ii) THE GOTCHI TEAM UNDER ANY CAUSE OR ACTION WHATSOEVER OF ANY KIND IN ANY JURISDICTION, INCLUDING, WITHOUT LIMITATION, ACTIONS FOR BREACH OF WARRANTY, BREACH OF CONTRACT OR TORT (INCLUDING NEGLIGENCE) AND THAT NONE OF THE GOTCHI TEAM SHALL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, INCLUDING FOR LOSS OF PROFITS, GOODWILL OR DATA, IN ANY WAY WHATSOEVER ARISING OUT OF THE USE OF, OR INABILITY TO USE, OR PURCHASE OF, OR INABILITY TO PURCHASE, $GON, OR ARISING OUT OF ANY INTERACTION WITH THE SMART CONTRACT IMPLEMENTED IN RELATION TO $GON. THE PURCHASER FURTHER SPECIFICALLY ACKNOWLEDGES THAT THE GOTCHI TEAM IS NOT LIABLE FOR THE CONDUCT OF THIRD PARTIES, INCLUDING OTHER PURCHASERS OF $GON, AND THAT THE RISK OF PURCHASING AND USING $GON RESTS ENTIRELY WITH THE PURCHASER. TO THE EXTENT PERMISSIBLE UNDER APPLICABLE LAWS, UNDER NO CIRCUMSTANCES WILL ANY OF THE GOTCHI TEAM BE LIABLE TO ANY PURCHASER FOR MORE THAN THE AMOUNT THE PURCHASER HAVE PAID TO THE COMPANY FOR THE PURCHASE OF $GON. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN TYPES OF DAMAGES. THEREFORE, SOME OF THE ABOVE LIMITATIONS IN THIS SECTION AND ELSEWHERE IN THE TERMS MAY NOT APPLY TO A PURCHASER. IN PARTICULAR, NOTHING IN THESE TERMS SHALL AFFECT THE STATUTORY RIGHTS OF ANY PURCHASER OR EXCLUDE INJURY ARISING FROM ANY WILFUL MISCONDUCT OR FRAUD OF THE GOTCHI TEAM.&#x20;

**9. Complete Agreement**

These Terms set forth the entire understanding between the Purchaser and the Company with respect to the purchase and sale of $GON. For facts relating to the sale and purchase, the Purchaser agrees to rely only on the Terms in determining purchase decisions and understands that the Terms govern the sale of $GON and supersede any public statements about the $GON token sale made by third parties or by the Gotchi Team or individuals associated with any of the Gotchi Team, past and present and during the $GON token sale.&#x20;

**10. Severability**

The Purchaser and the Company agree that if any portion of these Terms is found illegal or unenforceable, in whole or in part, such provision shall, as to such jurisdiction, be ineffective solely to the extent of such determination of invalidity or unenforceability without affecting the validity or enforceability thereof in any other manner or jurisdiction and without affecting the remaining provisions of the Terms, which shall continue to be in full force and effect.&#x20;

**11. No Waiver**

The failure of the Company to require or enforce strict performance by the Purchaser of any provision of these Terms or the Company’s failure to exercise any right under these Terms shall not be construed as a waiver or relinquishment of the Company’s right to assert or rely upon any such provision or right in that or any other instance. The express waiver by the Company of any provision, condition, or requirement of these Terms shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. Except as expressly and specifically set forth in these Terms, no representations, statements, consents, waivers, or other acts or omissions by the Gotchi Team shall be deemed a modification of these Terms nor be legally binding.&#x20;

**12. Updates to the Terms**

The Company reserves the right, at its sole discretion, to change, modify, add, or remove portions of the Terms at any time during the sale by posting the amended Terms on the Website. Any Purchaser will be deemed to have accepted such changes by purchasing $GON.&#x20;

**13. Cooperation with Legal Authorities**

The Company will cooperate with all law enforcement enquiries, subpoenas, or requests provided they are fully supported and documented by the law in the relevant jurisdictions.&#x20;

**14. Indemnification**

To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless the Gotchi Team from and against all claims, demands, actions, damages, losses, costs and expenses (including attorneys’ fees) that arise from or relate to: (i) your purchase or use of $GON; (ii) your responsibilities or obligations under these Terms; (iii) your violation of these Terms; or (iv) your violation of any rights of any other person or entity.&#x20;

The Company reserves the right to exercise sole control over the defense, at your expense, of any claim subject to indemnification under this Section 14. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and the Company.&#x20;

**15. Security**

You are responsible for implementing reasonable measures for securing the wallet, vault or other storage mechanism you use to receive and hold $GON purchased from the Company, including any requisite private key(s) or other credentials necessary to access such storage mechanism(s). If your private key(s) or other access credentials are lost, you may lose access to your Tokens. The Company is not responsible for any losses, costs or expenses relating to lost access credentials.&#x20;

**16. Language**

Currently, only English versions of any Gotchi’s communications is considered official. The English version shall prevail in case of differences in translation.&#x20;

**17. Governing Law and Arbitration**

Except for disputes in which either party seeks to bring an individual action in small claims court or seeks injunctive or other equitable relief for the alleged unlawful use of copyrights, trademarks, trade names, logos, trade secrets or patents, you and the Company (a) waive the right to have any and all disputes or claims arising from these Terms, your use or access to the Site or any other disputes with the Company (collectively, “Disputes”) resolved in a court; and (b) waive any right to a jury trial. Instead, you and the Company agree to arbitrate Disputes that are not resolved informally (as described below) through binding arbitration (i.e. the referral of a Dispute to one or more persons charged with reviewing the Dispute and making a final and binding determination to resolve it) instead of having the Dispute decided by a judge or jury in court)&#x20;

No Class Arbitrations, Class Actions or Representative Actions. You and the Company agree that any dispute is personal to you and the Company and that any such dispute will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. Neither party agrees to class arbitration or to an arbitration in which an individual attempt to resolve a dispute as a representative of another individual or group of individuals. Further, you and the Company agree that a dispute cannot be brought as a class, or other types of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.&#x20;

Process. You and the Company agree that each will notify the other, in writing, of any Dispute within thirty (30) days of when it arises so that the parties can attempt, in good faith, to resolve the Dispute informally. Notice to the Company shall be provided by sending an email to <legal@gotchi.co>. Your notice must include (1) your name, postal address, and email address; (2) a description of the nature or basis of the Dispute; and (3) the specific action that you are seeking. If you and the Company cannot resolve the Dispute within thirty (30) days of the Company receiving the notice, either you or Company may, as appropriate pursuant to this Section 17, commence an arbitration proceeding. You and the Company agree that any arbitration or claim must be commenced or filed within one (1) year after the Dispute arose; otherwise, you and the Company agree that the claim is permanently barred (which means that you will no longer have the right to assert a claim regarding the Dispute).&#x20;

Choice of Law. These Terms are governed by and will be construed under the laws of the British Virgin Islands, without regard to principles of conflict of laws, govern the Terms and any Dispute between you and us. Any Dispute under this Terms shall be finally settled by Binding Arbitration (as defined below). Any unresolved Dispute arising out of or in connection with these Terms shall be referred to and finally resolved by arbitration under the rules of the London Court of International Arbitration (LCIA), which rules are deemed to be incorporated by reference into this Section 17 to the extent they are consistent with it. Any dispute arising from or relating to the subject matter of these Terms shall be finally settled in London, United Kingdom, in English, in accordance with the LCIA Arbitration Rules. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction, to the extent a court therein would be deemed to be a court of competent jurisdiction other than any court located in the United States of America (In no event and under no circumstances may disputes between parties be brought in the courts of the United States of America).&#x20;

Authority of Arbitrator. As limited by these Terms and applicable arbitration rules, the arbitrator will have: (a) the exclusive authority and jurisdiction to make all procedural and substantive decisions regarding a Dispute; and (b) the authority to grant any remedy that would otherwise be available in court. The arbitrator may only conduct an individual arbitration and may not consolidate more than one individual s claims, preside over any type of class or representative proceeding or preside over any proceeding involving more than one individual.&#x20;

**ANNEX A**

**$GON Risks**

By purchasing, owning, and using $GON, you expressly acknowledge and assume the following risks:&#x20;

**1. Risk of Losing Access to $GON Due to Loss of Private Key(s), Custodial Error or Purchaser Error**&#x20;

A private key, or a combination of private keys, is necessary to control and dispose of $GON stored in your digital wallet or vault. Accordingly, loss of requisite private key(s) associated with your digital wallet or vault storing $GON will result in loss of such $GON. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a hosted wallet service you use, may be able to misappropriate your $GON. Any errors or malfunctions caused by or otherwise related to the digital wallet or vault you choose to receive and store $GON in, including your own failure to properly maintain or use such digital wallet or vault, may also result in the loss of your $GON. Additionally, your failure to follow precisely the procedures set forth in for buying and receiving Tokens, including, for instance, if you provide the wrong address for the receiving $GON, or provides an address that is not BEP-20 compatible, may result in the loss of your Tokens.&#x20;

**2. Risks Associated with the Polygon Network**

Because $GON and the Gotchi platform are based on the Polygon Network protocol, any malfunction, breakdown or abandonment of the Polygon Network protocol may have a material adverse effect on the platform or $GON. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the $GON and the platform, including the utility of the $GON for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the BSC protocol.&#x20;

**3. Risk of Mining Attacks**

As with other decentralized cryptographic tokens based on the Polygon Network protocol, $GON are susceptible to attacks by miners in the course of validating $GON transactions on the Polygon blockchain, including, but not limited, to double-spend attacks, majority mining power attacks, and selfish-mining attacks. Any successful attacks present a risk to the platform and $GON, including, but not limited to, accurate execution and recording of transactions involving $GON.&#x20;

**4. Risk of Hacking and Security Weaknesses**

Hackers or other malicious groups or organizations may attempt to interfere with the platform or $GON in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing, and spoofing. Furthermore, because the platform is based on open-source software, there is a risk that a third party or a member of the Company team may intentionally or unintentionally introduce weaknesses into the core infrastructure of the platform, which could negatively affect the platform and $GON, including the utility of $GON for obtaining services.&#x20;

**5. Risks Associated with Markets for $GON**

If secondary trading of Tokens is facilitated by third party exchanges, such exchanges may be relatively new and subject to little or no regulatory oversight, making them more susceptible to fraud or manipulation. Furthermore, to the extent that third-parties do ascribe an external exchange value to $GON (e.g., as denominated in a digital or fiat currency), such value may be extremely volatile.&#x20;

**6. Risk of Uninsured Losses**

Unlike bank accounts or accounts at some other financial institutions, $GON are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you.&#x20;

**7. Risks Associated with Uncertain Regulations and Enforcement Actions**&#x20;

The regulatory status of $GON and distributed ledger technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply existing regulation with respect to such technology and its applications, including the Gotchi platform and $GON. It is likewise difficult to predict how or whether legislatures or regulatory agencies may implement changes to law and regulation affecting distributed ledger technology and its applications, including the platform and $GON. Regulatory actions could negatively impact the platform and $GON in various ways, including, for purposes of illustration only, through a determination that the purchase, sale and delivery of $GON constitutes unlawful activity or that $GON are a regulated instrument that require registration or licensing of those instruments or some or all of the parties involved in the purchase, sale and delivery thereof. The Company may cease operations in a jurisdiction in the event that regulatory actions, or changes to law or regulation, make it illegal to operate in such jurisdiction, or commercially undesirable to obtain the necessary regulatory approval(s) to operate in such jurisdiction.&#x20;

**8. Risks Arising from Taxation**

The tax characterization of $GON is uncertain. You must seek your own tax advice in connection with purchasing $GON, which may result in adverse tax consequences to you, including withholding taxes, income taxes and tax reporting requirements.&#x20;

**9. Risk of Competing platforms**

It is possible that alternative platforms could be established that utilize the same open source code and protocol underlying the platform and attempt to facilitate services that are materially similar to the Gotchi services.&#x20;

**10. Risks Arising from Lack of Governance Rights**

Because $GON confer no governance rights of any kind with respect to the Gotchi platform or the Company, all decisions involving the Company’s products or services within the platform or the Company itself will be made by the Company at its sole discretion. These decisions could adversely affect the platform and the utility of any $GON you own, including their utility for obtaining services.&#x20;

**11. Unanticipated Risks**

Cryptographic tokens such as $GON are a new and untested technology. In addition to the risks included in this Annex A of these Terms, there are other risks associated with your purchase, possession and use of $GON, including unanticipated risks. Such risks may further materialize as unanticipated variations or combinations of the risks discussed in this Annex A of these Terms.&#x20;

Further Information

For further information regarding the $GON sale, please contact via <https://t.me/gotchico>


