Public offer to conclude an agreement to buy/sell a virtual asset

General Provisions

UAB “Globopay” (Seller) is a legal entity registered in Lithuania, registration number 305996882 , having its registered office at Vilnius, J. Savickio Str. 4-7. "Buyer" - any individual or legal entity that has expressed a desire to accept the offer. This document is a public offer and if the conditions set out in the offer are accepted, the person concludes an agreement to buy / sell a virtual asset. The offer includes a list of virtual assets and all essential conditions for concluding a buy / sell agreement. Acceptance of an offer means payment for an asset by the proposed method within the time interval of the current value of the asset. The offer is published on the Internet at: https://globopay.eu/.

Subject of the contract

The Seller undertakes to make a transaction (make a record in the blockchain network) of virtual assets to the address specified by the Buyer. And the Buyer undertakes to pay for the virtual asset at the cost specified in the offer, in accordance with the selected number of units of goods and in the specified way. Transaction means the transfer of the specified amount of a virtual asset from the Seller's blockchain address to the Buyer's blockchain address. The record of the transition of the rights of a virtual asset from one address to another address in the blockchain is confirmed by several independent witnesses and is publicly available by a special public identifier "txid". Confirmation records is a paid operation, therefore the Buyer chooses who will pay for this service, either he or the Seller.

Price of a virtual asset

The price per unit of each asset is specified in the offer, the same for anyone who wants to conclude a contract. The value of the asset is subject to strong volatility depending on supply and demand in the market, therefore its constancy for anyone who wishes is fixed for a certain period of time in which it is necessary to accept the offer. If the Buyer does not meet this time period, then the offer with these conditions is withdrawn and the buyer is offered new conditions for concluding the contract.

Accounts for the transfer of rights under the contract

The recording of the transfer of rights under the agreement to buy / sell a virtual asset is made by creating a record in the blockchain network corresponding to each name of the asset (transaction record). Each entry in the network is assigned a unique txid number, which is displayed to both the buyer and the seller. This number is a link to view the record of the transfer of rights and proof of the transaction, indicating the date and time. A record of confirmation of payment under the agreement is reflected in the statements of financial institutions through which payment is made. These records are also available to two parties. The transfer and receipt of rights to a virtual asset is displayed in the accounts of the Seller and the buyer in the relevant programs that provide access to the blockchain.

Place of conclusion of the contract to buy/sell and its legal regulation

The place of conclusion of the agreement and all agreements based on it and (or) related to it by the parties is the Seller's trading platform located on the Internet at: https://globopay.eu/. The legal regulation of the purchase and sale agreement, as well as the protection of the rights and interests of the Seller and the Buyer, is carried out on the basis of the legislation of Lithuania. Protection of the rights and interests of the parties is carried out in the territory of the Seller's registration. Seller: UAB “Globopay”.