USER TERMS CROWNY’S WEBSITE AND APP

By using the website https://crowny.io/ (the “Website”) and/or Crowny’s mobile (smartphone) application (the “App”) for the use of Crowny’s applications and/or services, you hereby agree (i) to become a party to this agreement (the/this “Agreement”) and (ii) that your counterparty is QMS B.V., a private company incorporated under the laws of the Netherlands (besloten vennootschap met beperkte aansprakelijkheid), having its statutory seat in the municipality of Haarlemmermeer, the Netherlands, and registered offices in (2153 PL) Nieuw-Vennep, the Netherlands, at the address of Schillingweg 50, registered with the Dutch Chamber of Commerce (Kamer van Koophandel) under number 81100736 (“Crowny”).

WHAT THESE USER TERMS COVER

This Agreement applies to all visits to and use(s) of the Website and the App, and to all information, recommendations and services that Crowny provides to you via the Website and/or the App (the “Content”). The Content is made (technically) available to and accessible by you, by Crowny via her blockchain network and adjacent platform which is accessible via the Website and the App (the “Platform”).THE CONTENT AND OBLIGATIONS By using the Website and/or the App, Crowny will provide the Content and the use of the Platform to you via the Website and/or the App. This will be done for your own use, in an orderly manner and according to the standards of reasonableness and fairness.You realise that using the Content and/or the Platform via the Website and/or the App and (therefore) entering into this Agreement does not give you any rights and/or does not oblige Crowny to (do) anything, except for the actions expressed in this Agreement. More specifically and for the avoidance of doubt: using the Website and/or the App and (therefore) entering into this Agreement does not give you the right and/or does not oblige Crowny to enter into any further agreement whatsoever and/or to obtain (future) tokens in any form whatsoever.

TERMS OF USE

By entering into this Agreement, you hereby confirm and warrant to Crowny that you will use and interact with the Content and the Platform via the Website and/or the App:exclusively for yourself and not (also) for and/or on behalf of anybody else; at your own risk and expense; in an orderly manner and according to the standards of reasonableness and fairness; only if you are over 18 (eighteen) years old; only if you are legally permitted under the laws and regulations applicable to you and applicable to this Agreement to do so; via your personal account on the Website and/or the App - you are only allowed to have 1 (one) personal account, the contents of which are strictly personal and (therefore) not to be shared and/or used by anyone else; in a legal and non-fraudulent manner - more specifically: you will only use and/or interact with the Content and the Platform via your personal account on the Website and/or the App. You will not circumvent your personal account, the Website and/or the App and also not use the Content and/or the Platform via screen-scraping and/or via any other irregular and/or fraudulent way; and not directly via an API, unless approved by Crowny in writing and beforehand and/or via (parts of) an API which is made publicly available for use by Crowny. In the event that you breach any of the aforementioned confirmations and/or warranties, Crowny is legally entitled, without giving you prior notice thereof, to close down your personal account permanently and (thus) exclude you from using and interacting with the Website, the App, the Content and the Platform.It is envisaged that Crowny will implement a KYC (know your customer) and/or AML (anti money laundering) procedure and accompanying checks applied by her and/or a third party designated thereto by Crowny in the future. This will result in Crowny formally requesting you to complete said KYC and/or AML procedure(s) in order to be allowed to use and interact with the Content and the Platform. Crowny will inform you thereof in due time and grant you ample opportunity to complete said procedure(s). However, should you fail to successfully complete said procedure(s) - which is to be determined at the sole discretion of Crowny and/or a third party designated by Crowny - Crowny is legally entitled to close down your personal account permanently and (thus) exclude you from using and interacting with the Website, the App, the Content and the Platform.

YOUR PERSONAL ACCOUNT

As stated before, you are only allowed to have 1 (one) personal account on the Website and/or App. This account is strictly personal and may only be used by you - not (also) on behalf of anybody else.You are yourself responsible for any and all information that you have entered and/or included into your personal account. It is your own responsibility to keep all information in your personal account up to date. You realise that this is of essential importance in order for you to use and access your personal account but also, and more importantly, to enable Crowny to contact you in case of an emergency, changes to the Website, the App, the Content, and/or the Platform, this Agreement, et cetera.If you wish to close down your personal account, you can request Crowny to do so by sending an e-mail message with an instruction thereto to the following e-mail address: [email protected] In the event that your personal account on the Website and/or the App is inactive for a consecutive period of 3 (three) months, Crowny will give you a formal notice that your personal account will be closed down. Following said notice, if you do not interact with your personal account within the following 1 (one) month, Crowny is legally entitled to close down your personal account permanently and (thus) exclude you from using and interacting with the Website, the App, the Content and the Platform.

LIABILITY

Crowny, its directors, employees and/or any other (third) party involved with the creation of the Content and the Platform as well as with the execution of this Agreement, are not liable for any damage, however named, resulting from the incorrect, wrongful, reckless and/or unlawful use of your personal account, the Website, the App, the Content and/or the Platform. Crowny, its directors, employees and/or any other (third) party involved with the creation of the Content and the Platform as well as with the execution of this Agreement, are also not liable for any for any damage, however named, resulting from hacks, soft- and/or hardware malfunctioning, (hardware) system down times, blockchain down times and/or any other soft- and/or hardware related malfunctioning that affects (the functioning of) the Website, the App, the Content and/or the Platform.Through (the use of) the Content and/or the Platform via your personal account on the Website and/or the App you may receive $CRWNY tokens and loyalty points. Crowny, its directors, employees and/or any other (third) party involved with the creation of the Content and the Platform as well as with the execution of this Agreement, are not liable for any damage, however named, resulting from the non-existence or loss of the value of the $CRWNY tokens and/or loyalty points due to, amongst other things but not limited thereto, exchange rate changes, (changed) market conditions, (amended) legislation, and/or (changed) points of view on the part of the regulators.

LINKED SITES AND PRIVACY

The Website and the App provide links to external internet sites, such as social media internet sites. Crowny is not liable for the use or content of external sites that link to or from the Website and/or the App. Crowny’s privacy policy, which is available on the Website and the App, does not apply to the collection and processing of your personal data on or via those external sites - said privacy policy is only applicable to the information that is directly provided by you to Crowny.

INTELLECTUAL PROPERTY RIGHTS

Unless otherwise indicated, Crowny is the exclusive owner all rights related to the Website, the App, the Content and the Platform, including copyrights and other intellectual property rights. Nothing in (the execution of) this Agreement shall be construed as granting any rights under any patent, copyright and/or other intellectual property right of Crowny.

INVALIDITY

If terms in this Agreement are or become partially invalid, you and Crowny will continue to be bound to the remaining terms. The invalid terms shall be considered as being replaced by terms that are valid and achieve so far as possible the intended effect of the invalid terms, taking into account the content and purpose of this Agreement.

FINAL PROVISIONS

Notwithstanding the provisions in this Agreement, you hereby waive your rights to annul and/or dissolve this Agreement, or cause it to be annulled or dissolved, on any grounds whatsoever, including, but not limited to, pursuant to section 6:265 to section 6:272, and section 6:228 of the Dutch Civil Code (Burgerlijk Wetboek) that relate to the annulment or dissolving of this Agreement on account of an error or to apply to a court of law to annul or dissolve this Agreement. Furthermore, you waive your right to demand this Agreement to be amended on any grounds whatsoever including, but not limited to, pursuant to section 6:230(2) or section 6:258 of the Dutch Civil Code.This Agreement, the execution thereof, and any non-contractual obligations arising out of or in connection with this Agreement are exclusively governed by and shall be construed in accordance with the laws of the Netherlands.Any disputes arising out of or in connection with this Agreement, including regarding the existence or validity of this Agreement, the execution thereof, and any non-contractual obligations arising out of or in connection with this Agreement, are subject to the exclusive jurisdiction of the competent court in Amsterdam, the Netherlands.