Scope

These General Conditions of Use and Sale (the “General Conditions”) are concluded between:

Resonance Labs (BVI) Ltd., with company registration number 2139669 a company duly incorporated in the British Virgin Islands whose head office is located at 2nd Floor, Ellen L. Skelton Building, Fishers Lane, Road Town, Tortola, British Virgin Islands, VG 1110.  Hereinafter referred to as the “Company” or “SONAR” or “PING”;

and

The beneficiaries of the initial $PING token sale, hereinafter referred to as the “Beneficiaries” or the “Beneficiary”.

Together referred to as the “Parties” and separately as “Party”.

These General Conditions constitute the sole basis of the commercial relationship between the Parties and are intended to set the conditions and terms of sale by the Company of $PING tokens from the Website, as well as to define the rights and obligations of the Parties.

SONAR is offering for sale to the public a token (“$PING”) from the SONAR website (https://www.sonarplatform.io/ico) as part of an initial coin offering (“ICO”).