Choto Revenue Partnership Program Terms
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Updated: September 10, 2025
These Terms of Participation (“Terms”) govern your involvement in the Choto Revenue Partnership Program, operated by Galactic Renewables PBC, trading as Choto Energy (“Choto”, “we”, “our”, or “us”). Participation in this program constitutes acceptance of these Terms.
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1. Overview
Choto allows eligible participants (“Partners” or “Asset Owners”) to co-own rentable powerbanks and share in the revenue they generate through our digital rental platform. Partners may either purchase powerbanks directly through Choto or contribute their own eligible devices into the system.
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2. Eligibility
Partners must:
Be 18 years or older.
Complete the onboarding process, including digital identity verification.
Pay the eligible joining fee (if applicable).
Agree to the revenue share terms outlined below.
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3. Revenue Share Model
Powerbanks
Asset Ownership Options:
Choto-Supplied Units: Partners may acquire powerbanks through Choto at the current program cost.
Partner-Supplied Units: Partners may contribute their own powerbanks into the Choto system, subject to vetting and acceptance by Choto.
Rental Price to Public: Set and adjusted at Choto’s discretion in response to market conditions.
Depreciation Term:
Choto-supplied units: 3 years.
Partner-supplied units: 2 years minimum operational guarantee.
Revenue Distribution:
A portion of income generated from all assets will be pooled into a Revenue Pool, shared among all active asset owners.
A separate portion will be allocated directly to individual asset owners based on how frequently their specific asset is swapped.
Percentages are not fixed. Choto may adjust the distribution structure from time to time at its sole discretion.
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4. Terms for Partner-Supplied Powerbanks
Custody: Partners who contribute their own powerbanks retain economic ownership, but physical custody of the device is transferred to Choto for operational deployment.
Vetting: All partner-supplied powerbanks must pass Choto’s technical and quality vetting process before acceptance into the system.
Replacement Guarantee: If an accepted powerbank is lost, stolen, or becomes non-functional before the completion of its 2-year depreciation period, Choto will replace it with an equivalent operational unit at no cost to the partner.
Post-Depreciation: After the 2-year period, the asset owner may:
Contribute another powerbank (subject to vetting).
Purchase a new unit through Choto.
Exit the program by withdrawing from participation.
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5. Payment Terms
Payouts are made monthly.
Minimum withdrawal threshold: $10.
Payments are sent via mobile money or linked bank accounts.
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6. Ownership and Duration
Upon registration, the partner will be issued an Asset ID for each asset they own.
Each asset can be tracked in the Choto app through the partner dashboard.
Ownership duration aligns with the asset depreciation period (3 years for Choto-supplied units, 2 years for partner-supplied units).
After depreciation, Choto may retire, recycle, or replace the asset, depending on the program pathway chosen by the partner.
7. Asset Tracking
Partners will be able to:
View active assets.
Track accumulated income in an asset wallet.
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8. Risk and Market Disclaimer
INCOME IS NOT GUARANTEED. Revenue is subject to:
Daily rental activity.
Market demand.
Operational uptime.
Service or maintenance costs.
While projections are based on real market testing, actual income depends on usage and program adjustments.
9. Warranties and Disclaimers
The Choto Revenue Partnership Program is provided on an “AS IS” and “AS AVAILABLE” basis. Galactic Renewables / Choto makes no guarantees about revenue, uptime, or operational performance. All benefits, revenue distributions, and estimates are subject to revision without notice.
Choto shall not be liable for any indirect, incidental, special, or consequential damages, including but not limited to lost profits, loss of data, or business interruption resulting from participation in the program.
We disclaim any warranties of merchantability, fitness for a particular purpose, or non-infringement. You agree to participate in this program at your own risk.
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10. Limitation of Liability
UNDER NO CIRCUMSTANCES WILL GALACTIC RENEWABLES PBC, ITS OFFICERS, DIRECTORS, SHAREHOLDERS, OR AFFILIATES BE LIABLE TO ANY PARTICIPANT FOR ANY CONSEQUENTIAL, INDIRECT, SPECIAL, PUNITIVE, OR INCIDENTAL DAMAGES, WHETHER FORESEEABLE OR UNFORESEEABLE, ARISING OUT OF PARTICIPATION IN THIS PROGRAM.
11. Termination
Choto may terminate or modify this program or your participation at any time, including in cases of:
Misuse or abuse of the platform.
Fraudulent activity.
Regulatory obligations.
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12. Confidentiality
Any non-public information you receive from Choto must be kept confidential unless disclosure is required by law.
13. Governing Law
These Terms shall be governed by the laws of Zimbabwe. Any disputes arising out of or in connection with these Terms shall be resolved by arbitration or mediation as appropriate.
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14. Severability
If any part of these Terms is held unenforceable or invalid, the remainder shall continue in full force and effect.
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15. Contact
For questions or clarifications, please contact:
Choto Energy (Galactic Renewables PBC)
Email: choto.energy@gmail.com / admin@chotoenergy.co.zw
Phone: +263 714 999 333
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16. Signing
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To participate in our partner program you are required to print a copy of these terms, initialise each page and sign on the line below
After signing take a picture and send the copy to the email or whatsapp number above.
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Partner Name ____________________________________________________Signature ______________________________________
Date_________________________________________
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Galactic Renewables Representative Name _____________________________________Signature____________________________