Executor's Checklist
β
HEXBOX EXECUTOR RISK CHECKLIST
π‘ 1οΈβ£ Legal and Compliance
β Have you verified that your project does not qualify as a security, investment contract, or regulated financial product in your jurisdiction? β Have you reviewed applicable local, national, and international laws (including tax, consumer protection, and advertising laws)? β Are you prepared to document your legal compliance if Hexbox or regulators request it?
π° 2οΈβ£ Fund Use and Management
β Have you mapped exactly how raised funds will be used and ensured no misuse or misallocation? β Do you have a dedicated business account or internal system for managing funds after disbursement? β Have you accounted for blockchain gas fees and possible fluctuations that could reduce net disbursed amounts?
π 3οΈβ£ Investor Commitments
β Are all your project promises, timelines, and deliverables realistic and achievable? β Have you written clear, detailed refund, cancellation, and delivery policies for your investors? β Do you have a customer support or dispute resolution process in place for after finalization, since Hexbox wonβt handle this?
π₯ 4οΈβ£ Technical Readiness
β Have you tested the platform features and understood how NFTs, tickets, and smart contract finalization work? β Are you storing wallet private keys and NFT access credentials securely and redundantly? β Do you have an assigned person or system to monitor blockchain transactions and smart contract events?
π 5οΈβ£ Liability and Indemnification
β Do you understand that you fully indemnify Hexbox β meaning if you cause legal trouble, you must cover their costs? β Are you financially and legally prepared to handle third-party claims (e.g., IP disputes, regulatory inquiries)? β Have you reviewed the limitation of Hexboxβs liability β they are not responsible for platform failures or blockchain issues?
β 6οΈβ£ Dispute Resolution Readiness
β Are you aware that any dispute must go to ICC arbitration in Istanbul, under U.S. law? β Do you have access to legal counsel experienced with international arbitration if needed?
π 7οΈβ£ Public and Permanent Record Awareness
β Do you understand that all blockchain transactions are permanent and public, even if you take down the campaign? β Are you ready to stand behind all on-chain activity with full accountability?
Last updated