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Public Respect (PR / PRP) – Terms and Conditions

 

Please Read Carefully

These Terms and Conditions (“Terms”) constitute a legally binding agreement between you (“you”, “your”, or “user”) and Public Respect (“Public Respect”, “PR”, “PRP”, “we”, “our”, or “us”).

These Terms govern your access to and use of the Public Respect website (https://publicrespect.com), the Public Respect application (https://publicrespect.app), and your purchase, use, withdrawal or interaction with PR tokens and the Public Respect Protocol (PRP).

By accessing the website, using the application, participating in the PR token sale, or interacting with PR tokens, you acknowledge that you have read, understood, and agreed to these Terms, including any documents incorporated by reference (such as the Public Respect Whitepaper), as updated from time to time.

If you do not agree with these Terms in full, do not access or use the platform or purchase PR tokens.

1. Nature and Purpose of Public Respect (PR / PRP)

1.1 Utility Token Status

Public Respect (PR) is a utility-based digital token designed to be used exclusively within the Public Respect ecosystem, including but not limited to:

  • Accessing platform features
     
  • Participating in reputation-based governance
     
  • Initiating withdrawals
     
  • Platform-level economic interactions
     

PR represents functional access and participation, not ownership or profit rights.

1.2 Non-Investment / Non-Security Declaration

PR is not:

  • An equity interest
     
  • A share, stock, or ownership right
     
  • A debt instrument
     
  • A security, derivative, or investment product
     

Purchasing PR does not grant you:

  • Ownership in Public Respect
     
  • Voting rights in the company
     
  • Rights to profits, dividends, or revenue
     
  • Any form of financial return guarantee
     

Disclaimer: PR is a utility token intended solely for use within the Public Respect Protocol. It does not represent an investment in Public Respect or any affiliated entity.

1.3 Purpose of Token Distribution

The distribution of PR tokens is conducted to:

  • Bootstrap platform usage
     
  • Enable ecosystem participation
     
  • Support protocol infrastructure and development
     
  • Facilitate decentralized reputation mechanics
     

All proceeds are allocated toward platform sustainability, development, security, and ecosystem growth.

2. PR Token Purchase Details

2.1 Token Information

  • Token Name: Public Respect
     
  • Symbol: PR
     
  • Network: Polygon Mainnet
     
  • Standard: ERC-20
     

2.2 Pricing and Accepted Currency

  • The initial price of PR is 5 POL per 1 PR.
     
  • Pricing may be adjusted at the sole discretion of the Public Respect team prior to decentralized exchange (DEX) liquidity deployment.
     
  • POL (Polygon’s native token) is the primary on-chain payment currency.
     
  • Fiat purchases may be supported through approved payment gateways where applicable.
     

2.3 Buyer-Paid Minting / Purchase Model

Public Respect operates under a buyer-paid purchase and distribution model:

  • Users initiate purchases by interacting with the designated smart contract function.
     
  • POL is sent by the buyer in exchange for PR.
     
  • PR tokens are transferred to the buyer’s wallet.
     
  • Buyers are responsible for all applicable network fees (gas fees).
     

This model ensures:

  • Transparent issuance
     
  • No hidden minting
     
  • On-chain accountability
     

2.4 Purchase Execution

  • Purchases must be executed using the official PR smart contract.
     
  • Any excess POL sent beyond the required amount will be automatically refunded (where applicable).
     
  • All transactions are final and irreversible.
     

2.5 Reference Documentation

For full technical, economic, and protocol details, users should review the Public Respect Whitepaper, published for transparency and auditability.

3. Risk Disclosure & Limitation of Liability

3.1 General Risk Warning

Public Respect and PR tokens are part of an experimental Web3 protocol. Digital assets are inherently volatile and subject to:

  • Market fluctuations
     
  • Regulatory uncertainty
     
  • Technical risks
     

You may lose some or all value associated with PR tokens.

3.2 No Financial Advice

Public Respect does not provide:

  • Investment advice
     
  • Financial advice
     
  • Legal or tax advice
     

You are solely responsible for conducting your own research and consulting professional advisors where appropriate.

3.3 No Fiduciary Relationship

Your participation does not establish any fiduciary, advisory, agency, or trustee relationship between you and Public Respect.

3.4 No Refund Policy

Due to the immutable nature of blockchain transactions:

  • All PR token purchases are final
     
  • No refunds will be issued under any circumstances
     

3.5 Limitation of Liability

To the maximum extent permitted by law, Public Respect’s total liability shall not exceed the lesser of:

  1. The total amount paid by you for PR tokens, or
     
  2. The market value of PR tokens held by you at the time of the claim
     

This limitation applies to all claims, including negligence, contract, tort, or statutory claims.

4. Eligibility & Legal Compliance

4.1 Eligibility

By using Public Respect or purchasing PR, you confirm that:

  • You are legally capable of entering binding agreements
     
  • You are at least the legal age required in your jurisdiction
     

4.2 Jurisdictional Restrictions

You must not use the platform or purchase PR if doing so would violate any applicable law in your jurisdiction.

Public Respect reserves the right to restrict access where required by law.

4.3 Compliance Measures

  • AML/KYC checks may apply for fiat-based interactions
     
  • On-chain activity remains publicly verifiable
     
  • Users must comply with all applicable regulations
     

5. Platform Usage & Conduct

Users agree not to:

  • Abuse platform mechanisms
     
  • Engage in fraudulent activity
     
  • Manipulate voting or reputation systems
     
  • Circumvent safeguards or restrictions
     

Public Respect reserves the right to restrict, suspend, or ban accounts violating platform rules.

6. Modifications to Terms

Public Respect may update these Terms at any time. Continued use of the platform constitutes acceptance of updated Terms.

7. Governing Law

These Terms shall be governed by and interpreted in accordance with applicable laws, without regard to conflict-of-law principles.

8. Contact Information

📧 Email: info@publicrespect.com

🌐 Website: https://publicrespect.com


Final Disclaimer

Public Respect (PR) is a utility-driven, community-governed protocol. Participation is voluntary and carries risk. Users should only engage if they fully understand the nature of decentralized systems and digital assets.

Copyright © 2025 - Public Respect - All Rights Reserved.

Disclaimer: Public Respect (PR) is a native token within the Public Respect ecosystem. It is not an investment contract with the company, and launch-sales are conducted to bootstrap ecosystem's liquidity, public utility and technological expansion. Please read terms and conditions before buying the tokens.

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