We're pleased to announce updates to the Token Sale Terms of Service. The update includes changes to: - Clarify the definition of "Associates"; - Add new definitions for "Bitfinex Account" and "Token Sales Account"; - Add restrictions on the use of Token Sale Services for persons present in the United States of America, such a participating in any token sale occurring using the Bitfinex Token Sale platform; - Clarify and update the description of Risks and Limitation of Liability; - Clarify the treatment of user feedback and suggestions; - Update the jurisdictions which may be subject to enhanced due diligence; - Clarify and refine the representations and warranties you make to us; - Clarify and refine the limitations of liability, indemnities and releases you provide to us; - Confirm that balances reflected on our platform are not subject to the protections or insurance of any government; - Clarify the third party rights provisions; and - Clarify and refine various other provisions in the Terms of Service. Corresponding edits have been made to the documents incorporated into the Token Sale Terms of Service. The above summary description is for convenience purposes only. The updated Token Sale Terms of Service can be found here. If there are any differences between the description above and the Token Sale Terms of Service, the Token Sale Terms of Service will govern. Please read the updated Token Sale Terms of Service carefully to ensure you understand and agree to them. The token sales platform is provided by Bitfinex Token Sales Inc. References to "we" or "us" in this post are references to Bitfinex Token Sales Inc.