{ "docId": "019de514-bafb-771e-ad99-56913eda2878", "docSlug": "f430eabf4ea22d02094d9abc5518cf30", "documentTitle": "Celsius Network | Investor Presentation Deck | 15 slides", "authorId": "celsius-network", "authorName": "Celsius Network", "documentKindSlug": "regulatory-filing", "documentKindLabel": "Regulatory filing", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2022-12-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 12, "pageCount": 15, "prevPage": 11, "nextPage": 13, "slideType": "regulatory-filing", "function": "establish_context", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de514-bafb-771e-ad99-56913eda2878/12", "deckHref": "/decks/019de514-bafb-771e-ad99-56913eda2878", "deckJsonHref": "/decks/019de514-bafb-771e-ad99-56913eda2878.json", "deckAnchorHref": "/decks/019de514-bafb-771e-ad99-56913eda2878#slide-12", "components": [ { "bbox": { "h": 0.04, "w": 0.09, "x": 0.86, "y": 0.06 }, "kind": "image", "text": "Celsius", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "10543393-9f90-4af1-aee8-be04c700bbf3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.17, "w": 0.906, "x": 0.058, "y": 0.509 }, "kind": "list", "text": "Terms of Use Version 2 and 3 [Consent to Celsius' Use of Your Digital Assets]\n\"In consideration for the rewards earned on your Account and the use of our Services, you grant Celsius the right, subject to applicable law, without further notice to you, to hold the Digital Assets available in your account in Celsius' name or in another name, and to pledge, re-pledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such Digital Assets, separately or together with other property, with all attendant rights of ownership, and for any period of time, and without retaining in Celsius' possession and/or control a like amount of Digital Assets or any other monies or assets, and to use or invest such Digital Assets at Celsius' own risk.\"", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0175de91-0ef9-4246-bc51-5d2ca67c16e8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.906, "x": 0.058, "y": 0.342 }, "kind": "list", "text": "Terms of Use Version 1 [Representations and Warranties]\n\"(c) User represents and warrants that is understands that Celsius may, for its own account, pledge and repledge from time to time, without notice to the User, either separately or in common with other such cryptocurrency, any or all of the Digital Currency that comprises the Deposited Amount held by Celsius for the benefit of User and that Celsius may do so without retaining in its possession or control for delivery, a like amount of similar cryptocurrency.\"", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8c12d95b-1c09-4219-b800-1e81ef91c1c2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.17, "w": 0.906, "x": 0.058, "y": 0.69 }, "kind": "list", "text": "Terms of Use Version 4 [Consent to Celsius' Use of Your Digital Assets]\n\"In consideration for the rewards earned on your Account and the use of our Services, you grant Celsius the right, subject to applicable law, without further notice to you, to hold the Digital Assets available in your account in Celsius' name or in another name, and to pledge, re-pledge, hypothecate, rehypothecate, sell, lend, or otherwise transfer or use any amount of such Digital Assets, separately or together with other property, with all attendant rights of ownership, and for any period of time, and without retaining in Celsius' possession and/or control a like amount of Digital Assets or any other monies or assets, and to use or invest such Digital Assets.\"", "attrs": {}, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ccb3ab07-68a0-43a5-9d19-bcdaaefd0f03", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.139, "w": 0.906, "x": 0.058, "y": 0.17 }, "kind": "paragraph", "text": "Every version of the Terms of Use clearly grants the Debtors the right to \"pledge and repledge from time to time” assets transferred to them.\nTerms of Use Version 2 and onward explicitly state that the Debtors had \"all attendant rights of ownership\" to such assets.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4283e4f8-6cf7-4140-b46c-ae2309e1dab6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.018, "x": 0.935, "y": 0.954 }, "kind": "source-note", "text": "12", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "8f771173-1030-43ad-a632-21136c3e5d45", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.046, "w": 0.74, "x": 0.058, "y": 0.056 }, "kind": "title", "text": "Terms of Use: Unambiguous Celsius Ownership", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d22365e6-be21-4eb1-b331-97deb2db2e60", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Audience Definition", "slug": "audience-definition", "agent": "Storyteller", "layer": "slide", "matchId": "aec6ca28-ebbc-4f6a-9b6d-aa6f57bfb458", "evidence": "Terms of Use Version 2 and 3 [Consent to Celsius' Use of Your Digital Assets]", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 15, "from": 12, "beatId": "8c41f67b-0518-44a6-bb05-54dbe4110e28", "arcName": "The Consultant's Gambit", "arcSlug": "consultants-gambit", "beatName": "Impact & Next Steps", "beatSlug": "consultants-gambit-impact-next-steps", "evidence": "The deck addresses regulatory risks, ownership, and bankruptcy risk, outlining the company's approach to risk management.", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [ { "to": 13, "from": 3, "name": "Golden Circle", "slug": "11-golden-circle", "bestFor": "Visionary leadership, brand positioning, mission statements", "matchId": "f35abb01-4071-45db-8706-8401bb832a65", "evidence": "The deck uses a clear and structured approach to address regulatory risks and ownership.", "position": 0, "objective": "To demonstrate regulatory compliance and risk management", "structure": "The Why (Belief) -> The How (Process) -> The What (Result)", "confidence": 0.7, "description": "Invert the typical pitch by starting with why you exist, rather than what you do" }, { "to": 15, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a626b5c0-5a2b-4b75-81b5-265c5b7a6c2b", "evidence": "The deck shows the evolution of the Terms of Use interface and provides examples of regulatory filings.", "position": 1, "objective": "To highlight the importance of regulatory compliance", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }