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This constitution is a multi-party contract entered into by the Members by virture of their use of this blockchain. | ||
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# Article I | ||
No user of this blockchain shall make knowingly false or misleading statements, nor statements that constitute discrimination or harassment, nor profit thereby. | ||
Members shall not initiate violence or the threat of violence against another Member. | ||
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# Article II | ||
The rights of contract and of private property shall be inviolable, therefore no property shall change hands except with the consent of the owner or by a lawful Arbitrator’s order. | ||
No Member of this blockchain shall make knowingly make false or misleading attestations nor profit thereby nor thereby cause loss to others. | ||
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# Article III | ||
Each Member agrees to resolve disputes through the blockchain’s default arbitration process, or any other process that the parties to a transaction may mutually agree to in advance. | ||
The Members grant the right of contract and of private property to each other, therefore no property shall change hands except with the consent of the owner, by a lawful Arbitrator’s order, or community referendum. | ||
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# Article IV | ||
No Member shall offer nor accept anything of value in exchange for a vote of any type, including for Block Producer candidates, Amendments or Worker Proposals, nor shall any Member unduly influence the vote of another. | ||
The Members agree to resolve disputes through the blockchain’s arbitration process, or any other process that the parties to a transaction may mutually agree. | ||
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# Article V | ||
This Enumivo Blockchain has no owner, manager or fiduciary. It is governed exclusively under the terms of this Constitution. | ||
No Member shall offer nor accept anything of value in exchange for a vote of any type, nor shall any Member unduly influence the vote of another. | ||
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# Article VI | ||
No Member nor any Beneficial Interest shall own more than 20% of issued tokens. | ||
No Member nor ENU token holder shall have fiduciary responsability to support the value of the ENU token. The Members do not authorize anyone to hold assets, borrow, nor contract on behalf of ENU token holders collectively. This blockchain has no owners, managers or fiduciaries; therefore, no Member shall have beneficial interest in more than 20% of the ENU token supply. | ||
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# Article VII | ||
Each Member agrees that penalties for violations may include, but are not limited to, fines, account freezing, and reversal of transactions. | ||
Each Member agrees that penalties for violations may include, but are not limited to, fines, account freezing, and restitution. | ||
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# Article VIII | ||
No Member shall serve as a Block Producer who has not agreed in advance to the Block Producer Agreement provided by the Members of this blockchain. | ||
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# Article IX | ||
No Arbitrator shall serve except within an Arbitration Forum. | ||
Each Member who makes available a smart contract on this blockchain shall be a Developer. Each Developer shall offer their smart contracts via an free and open source license, and each smart contract shall be documented with a Ricardian Contract stating the intent of all parties and naming the Arbitration Forum that will resolve disputes arising from that contract. | ||
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# Article X | ||
No Member shall serve as an Arbitrator who has not | ||
* Agreed in advance to the Arbitrator Agreement provided by the Members, | ||
* Been nominated by at least two other Members, and | ||
* Completed the course of study of, been certified by, and be in good standing with their Forum. | ||
Multi-lingual contracts must specify one prevailing language in case of dispute and the author is liable for losses due to ambiguity of translation. | ||
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# Article XI | ||
Each Member who makes available a smart contract on this blockchain shall be a Developer. Each Developer shall offer their smart contracts via a license, and each smart contract shall be documented with a Ricardian Contract stating the intent of all parties and naming the Arbitration Forum that will resolve disputes arising from that contract. | ||
This Constitution creates no positive rights for or between any Members. | ||
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# Article XII | ||
Multi-lingual contracts must specify the prevailing language in case of dispute. | ||
All disputes arising out of or in connection with this constitution shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with the said Rules. | ||
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# Article XIII | ||
As Developers are able to offer services and provide interaction with the blockchain to non Members via their applications, the Developer assumes all responsibility for guaranteeing that non-Member interaction conforms to this Constitution. | ||
This Constitution and its subordinate documents shall not be amended except by a vote of the Token Holders with no less than 15% vote participation among tokens and no fewer than 10% more Yes than No votes, sustained for 30 continuous days within a 120 day period. | ||
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# Article XIV | ||
This Constitution creates no positive rights for or between any Members. | ||
# Article XV | ||
All disputes arising from this Constitution or its related governing documents shall be resolved using the Enumivo Core Arbitration Forum. | ||
# Article XVI | ||
This Constitution and its subordinate documents the Block Producer Agreement and Arbitrator Agreement shall not be amended except by a vote of the Token Holders with no less than 15% vote participation among eligible tokens and no fewer than 10% more Yes than No vote power, sustained for 30 continuous days within a 120 day period. | ||
# Article XVII | ||
Choice of law for disputes shall be, in order of precedence, this Constitution, and the Maxims of Equity. | ||
Choice of law for disputes shall be, in order of precedence, this Constitution and the Maxims of Equity. |
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