Annex C – Restricted Jurisdictions
This Annex defines jurisdictional restrictions applicable to access and use of the 1of10k Platform infrastructure, including the acquisition of platform credits, receipt of project NFTs, and any voluntary NFT activation mechanisms that may generate participation unit identifiers for campaign allocation procedures.
The purpose of these provisions is to support compliance with international sanctions regimes, financial crime prevention standards, and applicable regulatory requirements.
Where inconsistencies arise between this Annex and the Core Terms, the provisions of this Annex shall prevail for Users located in restricted jurisdictions.
1. Sanctioned Jurisdictions
Access to the Platform is prohibited for individuals or entities located in jurisdictions subject to comprehensive international sanctions programs.
These jurisdictions may include, but are not limited to:
- North Korea
- Iran
- Syria
- Cuba
- Crimea, Donetsk, and Luhansk regions of Ukraine
The Platform may update this list in response to changes in international sanctions frameworks issued by authorities including OFAC, the European Union, the United Nations, or other relevant regulatory bodies.
2. High-Risk Jurisdictions
The Platform may restrict, monitor, or apply enhanced compliance procedures to Users located in jurisdictions identified as presenting elevated risk related to financial crime, regulatory uncertainty, or sanctions exposure.
Such jurisdictions may include countries identified by organizations including:
- Financial Action Task Force (FATF)
- European Commission high-risk jurisdiction lists
- other international regulatory bodies
Access from such jurisdictions may be subject to additional verification requirements, transaction monitoring, or functional limitations, including restrictions on the acquisition of platform credits, receipt of project NFTs, or the activation of NFTs for campaign allocation procedures.
3. Sanctions Screening
The Platform and its service providers may perform sanctions screening procedures to ensure compliance with international regulatory obligations.
Users may be screened against sanctions lists including, but not limited to:
- OFAC Specially Designated Nationals (SDN) List
- EU Consolidated Sanctions List
- United Nations Security Council Sanctions Lists
Users identified on such lists may be denied access to the Platform or have existing access suspended.
4. Geolocation and Access Controls
The Platform may implement technical measures designed to restrict access from prohibited jurisdictions.
Such measures may include:
- IP-based geolocation controls
- transaction monitoring systems
- jurisdiction verification procedures
- payment provider location screening
These measures are implemented to support legal compliance and risk mitigation.
The Platform may implement geolocation controls, compliance screening procedures, and technical access restrictions to enforce jurisdictional limitations and regulatory requirements.
5. User Representations
By accessing or using the Platform, Users represent and warrant that they:
- are not located in a restricted jurisdiction
- are not subject to international sanctions
- are not acting on behalf of sanctioned individuals, entities, or organizations
Users providing inaccurate or misleading information regarding jurisdictional status may have their access restricted, suspended, or terminated.
6. Platform Rights and Compliance Actions
The Platform reserves the right to take compliance actions where required by regulatory obligations or risk management considerations.
Such actions may include:
- restricting access from specific jurisdictions
- suspending accounts pending verification
- blocking transactions
- terminating participation where necessary to maintain compliance
These actions may occur without prior notice where required by law or regulatory obligations.
7. Dynamic Compliance Framework
Global sanctions regimes and regulatory requirements may evolve over time.
The Platform maintains a dynamic compliance framework and may update jurisdictional restrictions, monitoring procedures, and compliance measures accordingly.
Users remain responsible for ensuring that their use of the Platform infrastructure, including the acquisition of platform credits, holding of project NFTs, or activation of NFTs within campaigns, complies with the laws applicable in their jurisdiction.
End of Annex C – Restricted Jurisdictions