Terms & Conditions
Last updated
Last updated
Last Updated: May 16, 2025
Version: 1.1
Application. These Terms govern your access to and use of the Products provided by the Company.
Acceptance. By accessing or using the Products, reviewing or relying on the Materials, or by clicking the button “I accept” or respective check box referencing to these Terms, you acknowledge that you have read, accept without modifications and agree to be bound by these Terms and all terms incorporated herein by reference, which form a legally binding agreement between you and us. If you do not accept or agree to these Terms, you are not allowed to access or use any Product, and must immediately discontinue any use thereof. If you are acting for or on behalf of an entity, you hereby represent and warrant that you are authorised to accept these Terms and enter into a binding agreement with us on such entity’s behalf, and you accept these Terms both on behalf of such entity and on your own behalf.
Personal Data. Your personal data is processed in accordance with the .
Definitions. Definitions of capitalised terms used herein are provided in Section 17 below.
Important. Please read these Terms carefully as they affect your obligations and legal rights. Note that Sections 13 and 14 contain provisions governing the choice of law, dispute resolution terms, and class action waiver. Please read and review Sections 6, 7, 9, and 10 carefully before accepting these Terms, as they provide for the limitation of liability, your obligations to indemnify the Company Parties, and contain a disclaimer of warranties as well as other important disclaimers with regard to the Products.
Eligibility Requirements. To be eligible to access and use the Products, you must: (a) be able to form a legally binding agreement with us on the terms herein set forth; (b) neither be a Prohibited Person nor use the Products for the benefit of a Prohibited Person; (c) if individual, be at least 18 (eighteen) years of age, or of such higher age required to enter into a binding agreement with us on the terms set out herein according to the laws of the jurisdiction where you reside; (d) if an individual who is acting for or on behalf of an entity, (i) be duly authorised by such entity to act on its behalf for the purpose of entering into these Terms; and (ii) represent and warrant that the entity is duly registered and validly existing under the laws of the jurisdiction where it is established; and (e) comply with these Terms.
Failure to Comply with the Eligibility Requirements. If you determine that you do not meet any of the aforementioned eligibility requirements, you must immediately suspend your access to and use of the Products until the respective restricting circumstances cease to exist.
Ownership. You do not receive any rights, title, or interest in or to the Intellectual Property, other than rights expressly granted to you under the Licence and/or applicable FOSS Licences. We and the respective rights holders reserve the right to prohibit any use of the applicable Intellectual Property at any time. You may not obscure, remove, or alter any marks or notices used within or in connection with the Products. Any rights not expressly granted to you under the Licence and/or applicable FOSS Licences are reserved by us, respective Affiliates, and/or relevant rights holders.
Licence. Subject to your compliance with these Terms, we hereby grant you the Licence, which will remain effective until any expiration or termination of these Terms.
FOSS Licence. To the extent that certain items or components of the Products are being distributed under a FOSS Licence, such items and components will not be covered by the Licence granted hereunder and will be provided to you under the terms and conditions of the applicable FOSS Licence.
Compliance. Your access and use of the Products shall not violate the terms of the Licence and/or FOSS Licences, if and as applicable.
Feedback. By providing Feedback in relation to the Products, you grant us a non-exclusive, irrevocable, royalty-free, perpetual, fully paid up, worldwide licence (right) to use, copy, edit, reproduce, translate, publicly display and perform, distribute, commercialise, create derivative works from your Feedback and the right to assign these rights to third parties in whole or in part. We may use, reproduce, disclose, make publicly available, and otherwise exploit any of your Feedback at our sole discretion, without restrictions or any obligations to you.
Testnet. The Testnet serves as a test environment designed for experimental and testing purposes only. You hereby acknowledge that the Testnet is currently at its development stage and there is no warranty or guarantee of any kind, whether express or implied, that it will work as expected or as represented. The Testnet may be incomplete or could contain errors, bugs, or inaccuracies. The performance of the Testnet may differ and not accurately reflect the performance of the live blockchain main network. The Testnet does not involve real Virtual Assets, and in order to use the Testnet, you will have to use test assets that have no value and utility other than within the Testnet, and in order to assess its functionality. The test assets distributed to you shall not be deemed your property and shall be destroyed or revoked at any time. You further shall not use the Testnet for any transactions involving real Virtual Assets and value, in a commercial operating environment, and we assume no responsibility or liability in connection with any such use. If you use any real Virtual Assets or other funds within the Testnet, they may be permanently and irretrievably lost. You expressly acknowledge and agree that any use of the Testnet is done entirely at your own risk.
Explorer. The Explorer is essentially an analytical tool allowing users to keep track of Virtual Assets, smart-contracts, Wallet balances, and access certain data about blockchain transactions. The Explorer derives information about blockchain transactions, blocks, smart-contracts, address balances, and other data from the blockchain network(s) and related software in an automated manner, which means that such information is not verified or checked manually. In each case, you should solely evaluate whether to use or rely on any information made available through or in relation to the Explorer. You shall always do your own thorough research before making any decision.
Blockchain-Based Infrastructure. While using the Products, you may interact with the Blockchain-Based Infrastructure. The Blockchain-Based Infrastructure and its components are deployed on blockchain network(s) that are, normally, under no control and operate autonomously. The components of the Blockchain-Based Infrastructure may be open-sourced and, consequently, may be reviewed, verified, used, copied, modified, and distributed by anyone (subject to the terms of the applicable FOSS Licence). As a result, any malfunction, breakdown, or abandonment of the underlying blockchain may have a material adverse effect on the Products or respective transactions involving Virtual Assets. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Products, Virtual Assets, and related blockchain software by rendering ineffective the cryptographic consensus mechanism that underpins the blockchains. The blockchain concept and the underlying software are still in an early development stage and unproven. You should always do your own thorough research before interacting with the Products and their Blockchain-Based Infrastructure, and any use thereof shall always be at your own risk.
General. All Materials shall be subject to these Terms and are provided for informational purposes only. Nothing contained in the Materials constitutes a promise, warranty, or representation. Reliance on the Materials, either wholly or partially, and any use thereof is at your own discretion and risk, and you are solely responsible for any possible damages or losses arising from such use. Always make sure to verify that the information that you believe is provided by us is posted or communicated by our authorised representatives.
Third-Party Data and Industry Publications. The Materials may include references to third-party data and industry publications. Although we believe that such data is accurate and reasonable, there are no assurances as to the accuracy or completeness thereof. We have not independently verified any of the data from third-party sources referred to in the Materials or ascertained the underlying assumptions relied upon by such sources. Any reference to such third-party data and industry publications does not imply our endorsement thereof. Before reliance on any third-party data and industry publications referred to in the Materials, either wholly or partially, and any use thereof, you should always conduct your own independent research and thorough investigation.
Forward-Looking Statements. The Materials may contain the Forward-Looking Statements, which are based on current expectations and involve risks and uncertainties. There is no assurance that any Forward-Looking Statement will prove to have been correct. Actual events, results, or outcomes could differ materially from what is stated in a Forward-Looking Statement, and you should not place any undue reliance thereon. These risks and uncertainties include the effects of the economy, competition, technicality, and other factors affecting the Company, Affiliates, and/or the Products.
Updates. The Materials may be updated from time to time with or without notice, depending on various circumstances, including market conditions, applicable regulations, and governments’ actions.
By entering into these Terms, you expressly represent and warrant to us that:
(a) you have read and understand these Terms, including all documents and items incorporated herein by reference;
(b) you have the necessary authority to accept these Terms, enter into a binding agreement with us, and perform the obligations set out herein;
(c) the acceptance of these Terms shall not result in any breach of, be in conflict with, or constitute a breach or default under: (i) any provision of any judgement, decree or order imposed on you by any court or governmental or regulatory authority; and/or (ii) any material agreement, obligation, duty or commitment to which you are a party or by which you are bound;
(d) if you are acting for or on behalf of an entity, (i) such entity is duly incorporated, registered, validly existing and in good standing under the applicable laws of the jurisdiction in which the entity is established, and in each jurisdiction where it conducts business, (ii) such entity shall be responsible for a breach of these Terms by you or any other employee or agent of such entity, unless you or any other employee or agent of such entity are responsible under the applicable law, and (iii) the acceptance of these Terms shall not result in any breach of, be in conflict with, or constitute a breach or default under any provision of your statutory or organisational documents;
(e) you have sufficient understanding of the functionality, usage, storage, transmission mechanisms, and intricacies associated with Virtual Assets, Virtual Asset storage facilities, including Wallets, and distributed ledger technology (blockchain) in general;
(f) any Wallet used by you in connection with the Products is either owned by you, or that you are validly authorised to carry out actions using such Wallet;
(g) any funds or Virtual Assets used by you in connection with the Products are from legitimate sources and were lawfully acquired;
(h) you shall be solely responsible for all and any operations and transactions with Virtual Assets and other funds carried out in connection with the Products;
(i) you are not a Prohibited Person nor use the Products for the benefit of a Prohibited Person;
(j) you acknowledge and agree that we do not act as your agent or fiduciary, and that we do not have control or custody of your Virtual Assets or other funds in any manner;
(k) accessing and/or using the Products is not unlawful or prohibited under the laws of your jurisdiction or under the laws of any other jurisdiction to which you may be subject, and your access to and use of the Products shall be in full compliance with all applicable laws;
(l) you will comply with and bear sole responsibility for any tax obligations applicable to you and arising in connection with your use of the Products, as well as any transactions made in connection therewith;
(m) you acknowledge that the use of the Products may not be profitable, fit for a particular purpose, or be suitable for you;
(n) you will carefully evaluate, check, and verify any Third-Party Content before you use it or rely upon it in any manner;
(o) your use of the Materials is at your own risk, and you shall not make any decisions based solely on the Materials, and shall conduct your own substantial research and analysis before making any decision; and
(p) all of the above representations and warranties are true, complete, accurate, and non-misleading from the time when you accept these Terms, and for the whole period of your use of the Products.
“As Is” and “As Available” Basis. The Products and all Materials are provided on an “as is” and “as available” basis. You are solely responsible for determining whether to use the Products and any Materials, as well as for the use thereof and any losses, damages, and other consequences arising from such use. We make no warranty of any kind, express or implied, including, but not limited to, the implied warranties of title, non-infringement, integration, merchantability, fitness for a particular purpose or any warranties implied by any course of performance or usage of trade, with respect to the Products and Materials, all of which are expressly disclaimed and denied.
Disclaimer of Warranties. In particular, we do not warrant, whether expressly or impliedly, and hereby expressly disclaim any warranty and/or representation that:
(a) any Product will work as expected or represented, or will perform at all;
(b) any Materials with respect to the Products will be timely, accurate, error-free, sufficient, reliable, true or correct, and you expressly acknowledge and agree that we will be under no obligation to update or fix such Materials;
(c) any information derived from the blockchain network(s) and related software, and made available via the Explorer is correct, complete, up-to-date, accurate, or sufficient;
(d) the Products will be secure, uninterrupted, or available at any particular time or place, or will continue working, operating, or functioning for any period of time;
(e) any Product will meet your expectations and/or fit for a particular purpose, or that use of any Product will be profitable, beneficial, or suitable for you;
(f) any defects, flaws, bugs, or errors in the Products will be corrected or fixed;
(g) any particular Virtual Assets or blockchain networks will be supported within the Products, or will be available at any particular time or place, or available at all;
(h) any Product will be supported, further developed, operated, and not abandoned; or
(i) the Products and/or related software will be free of viruses, bugs, trojan horses, defects, flaws, malfunctions, or other harmful components, or properly protected from hackers, malware, or other attacks, unauthorised access, or third-party hostile interferences.
No Custody. We do not provide, nor intend to provide, any custodial or similar services, custodial solutions or software, do not act as your agent or representative, and do not control, manage, or custody any of your Virtual Assets or Wallets.
No Offer or Solicitation. These Terms, Products and any Materials do not constitute and are not intended to constitute an offer of securities, financial instruments, Virtual Assets, or a solicitation for investment in or purchase of securities, financial instruments, or Virtual Assets in any jurisdiction, nor is it intended to constitute a prospectus or offer document of any type. Nothing contained herein or in the Materials shall be construed as a recommendation, endorsement, or solicitation to access, interact with, and use any Product or third-party services or products that may be mentioned or referred to in the Materials, or carry out any transaction involving the Virtual Assets. Any access or use of the Products or third-party services or products that may be mentioned or referred to in the Materials, shall always be at your own risk and discretion.
No Fiduciary Relationship. The Products and these Terms are not intended to create or impose any fiduciary duty on us with respect to you. Notwithstanding anything to the contrary contained in these Terms, to the maximum extent permitted by the applicable law, we shall owe no fiduciary duties to you, provided, however, that we shall have the duty to act in accordance with these Terms and the implied contractual covenant of good faith and fair dealing to the extent required by the law.
No Broker or Fund Manager Relationship. We are not your broker, fund manager, or any intermediary to any broker or fund manager. Nothing contained in these Terms shall be considered as a broker, financial advisory, and/or fund management services, or any intermediation services thereto.
No Advice or Recommendation. No part of these Terms or Materials is intended to be, or should be considered, or construed as business, legal, financial, investment, trading, or any other sort of advice, or advice of a broker regarding any matters to which all or any part of such information relates. Before making the decision to use the Products, and carry out any transactions, you should consult your own legal, financial, tax, or other professional advisors regarding any such information, including whether purchasing, selling, holding, or carrying out any other transactions with respect to any Virtual Assets or other funds is suitable for you.
Wallets and Security. All Wallets used by you in relation to the Products constitute the Third-Party Services, and we are not responsible for, do not endorse, shall not be held liable or responsible in connection therewith. When using Wallets, you should review applicable terms and policies that govern your use thereof. We never receive access to or control over your Wallets or Virtual Assets held in such Wallets. You will be solely responsible for securing and use of your Wallets and credentials thereto, as well as their confidentiality. You should not allow any third person to access your Wallets, as well as disclose any credentials thereto to any third person. You remain solely responsible for all transactions carried out via your Wallets or using credentials thereto.
Legal Uncertainty. According to the laws of the jurisdiction where you are located, it may become illegal to use the Products or transact in any Virtual Assets. Penalties for any such potential violation would be unknown. No Company Party shall be responsible for, and you should always independently investigate the legal consequences applicable to you in connection with any transactions related to the Products or involving any Virtual Assets.
Third-Party Content and Services. When using the Products, you may view or interact with the Third-Party Content and Third-Party Services. We do not endorse, recommend, or solicit the use of any such Third-Party Content or Third-Party Services, as well as any information, materials, content, services, or tools on or available through them. You hereby affirm and acknowledge that your use of Third-Party Content or Third-Party Services, and your interactions with third parties that are linked to or from the Products, are at your own risk.
Insufficient Interest in the Products. There is no assurance that there will be a public interest in any Products, and that any Product will be used by a significant number of users, or will be used at all. Such a lack of use or interest could negatively impact the development of the Products and the Company’s and/or Affiliates’ business activities.
Virtual Assets in General. In general, Virtual Assets are not backed by any physical assets and do not have any intrinsic value. There may be no liquidity or market for Virtual Assets at all, and it is possible that they will become useless or abandoned. You hereby acknowledge and agree that the Virtual Assets may not: (a) meet your expectations or work as intended, (b) have the intended functionality, (c) have a market, or (d) have any specific price or hold any particular value, or have any value at all. The volatility and unpredictability of the value of virtual assets relative to fiat currency, meaning the government-issued currency that is designated as legal tender through government decree, regulation, or law, may result in significant or complete losses over a short period of time. Any receipt, storage, use, and disposition of the Virtual Assets shall always be at your own risk.
You agree that you shall not conduct or participate in any of the following activities when accessing or using the Products, or in connection with such access or use:
(a) disrupting, interfering with, or inhibiting other users from using the Products, Third-Party Services, or carrying out activities that could disable, impair, or harm the functioning of the Products, Third-Party Services, servers, or underlying software;
(b) using the Products for any illegal purposes, or any purpose that is harmful or detrimental to us, Affiliates, the Products, Third-Party Services, or other users of the Products or Third-Party Services;
(c) without prejudice to the terms of the FOSS Licences, circumventing or attempting to circumvent any access or functionality restrictions or limitations with respect to the Products using malware, harmful code or software, undertaking hacker attacks or similar activities;
(d) taking advantage of any technical glitch, malfunction, failure, delay, default, or security breach on or of the Products;
(e) uploading or transmitting any viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Products, Third-Party Services, servers, or underlying software;
(f) violating any rights of any third person, including trademark or intellectual property rights;
(g) subject and without prejudice to the terms of the applicable FOSS Licences, copying, reproducing, or cloning any Product as a whole, or duplicating its essential elements without our prior written consent; or
(h) carrying out any other unlawful activities, or activities that violate any applicable regulations, rules, orders, etc.
Limitation of Liability. To the maximum extent permitted under the applicable law, in no event shall:
(a) the Company Parties be liable or responsible for any indirect, punitive, exemplary, incidental, or consequential damages of any kind, nor shall they be liable for the loss of goodwill, loss of profits (including expected), loss of data, diminution of value, and business interruption arising out of or in connection with (i) these Terms or their violation, (ii) the use or inability to use the Products, and/or (iii) the failure of the Products to perform as represented or expected, whether based upon breach of warranty or contract, negligence, strict liability, tort, or any other legal theory, regardless of whether any Company Party has been advised of the possibility of such damages or losses;
(b) the Company’s or Affiliates’ respective officers, directors, employees, consultants and shareholders be held personally liable in connection with (i) these Terms or their violation, (ii) the use or inability to use the Products, and/or (iii) the failure of the Products to perform as represented or expected, provided that this item “b” shall not limit our liability as an entity;
(c) the Company Parties be responsible or held liable for any direct, indirect, punitive, exemplary, incidental, or consequential damages of any kind, nor shall they be liable for the loss of goodwill, loss of profits (including expected), loss of data, diminution of value, and business interruption arising out of or in connection with any inaccuracy, error, delay in, or omission of any Materials, or your reliance on or use of the information provided in the Materials, whether based upon breach of warranty or contract, negligence, strict liability, tort, or any other legal theory, regardless of whether any Company Party has been advised of the possibility of such damages or losses; and
(d) the aggregate liability of the Company Parties to you for all damages and losses whatsoever arising out of or in connection with these Terms, their undue performance or violation, the Products, and any use or inability to use thereof, exceed US $100 (one hundred U.S. dollars) or equivalent.
Exclusion of Liability. To the maximum extent permitted under the applicable law, in no event shall the Company Parties be liable for any losses or damages, including direct, consequential, incidental, or indirect, in each case, whether based upon breach of warranty or contract, negligence, strict liability, tort, or any other legal theory, and regardless of whether any Company Party has been advised of the possibility of such damages or losses, arising from:
(a) the underlying blockchain network(s) of the Products, Blockchain-Based Infrastructure and Virtual Assets, as well as any failure thereof to perform as represented or expected;
(b) your use of, interaction with, or reliance on Third-Party Services, Third-Party Content, or any products, services, software, or technical infrastructure which we do not control, manage, or operate;
(c) unauthorised use of your Wallets or any credentials thereto, or if you failed to ensure the confidentiality of such credentials;
(d) a hacker attack, phishing attack, malware attack, viruses, or trojan horses, whether affecting or transmitted via the Products or otherwise, or any other unauthorised third-party intervention in the operation thereof;
(e) your use or reliance on any information derived from the blockchain network(s) and related software, and made available to you through the Explorer, as well as any consequences of your decisions made by using or relying thereon, including possible losses and damages; and
(f) the Force Majeure Circumstances.
Waiver. You shall not, and to the maximum extent permitted under the law, hereby waive any right to, seek to recover the damages listed above in this Section 9 from the Company Parties and/or persons specified above.
Exceptions. Inasmuch as some jurisdictions do not allow the exclusions or limitations as set forth herein, the above exclusions and limitations shall apply to the maximum extent permitted by the applicable law. Notwithstanding anything to the contrary contained therein, these Terms do not limit our liability for fraud, intentional misconduct, gross negligence, death, or personal injury arising from negligence.
To the fullest extent permitted under the applicable law, you shall indemnify, defend, and hold harmless the Company Parties from and against any and all claims, demands, actions, damages, losses, costs, and expenses (including reasonable professional and legal fees) that arise from or relate to (a) your violation of these Terms, including making untrue or false representations or warranties, (b) your access to or use of the Products, (c) exercising, enforcing, or preserving our rights, powers or remedies (or considering doing so) with respect to you in connection with these Terms, and (d) your obligation to pay the applicable Taxes, if any. We reserve the right to exercise sole control over the defence, at your sole cost and expense, of any claim subject to an indemnity set out in this Section 10. The indemnity set out in this Section 10 is in addition to, and not in lieu of, any other remedies that may be available to us under the applicable law.
Updates and Modifications. We may from time to time and without prior notice make certain updates, improvements, or modifications to the Products, including, but not limited to, updates to the underlying software, infrastructure, security protocols, technical configurations, functionality, financial structure, or service features, and we shall not be in any case held liable with respect to any such update.
Availability. The Products may be inaccessible or inoperable from time to time for any reason, including, for example, equipment malfunctions, maintenance procedures or repairs, Force Majeure Circumstances, disruptions, sophisticated hacker or malware attacks, and temporary or permanent unavailability of the underlying software or blockchain infrastructure, and/or unavailability of the respective Third-Party Services. In the aforementioned cases, the access or use of the Products or any of their components may be prevented, limited, discontinued, or terminated without notice and any liability whatsoever, including the obligation to pay or compensate any damages or losses.
Access to the Products. If technically possible, we may limit, suspend or restrict access to the Products or any of their components with immediate effect and without notification and liability, regardless of reason, including if we, acting at our sole discretion, determine that (a) you have violated or may likely violate these Terms, applicable laws or regulations; (b) you or your actions create or may create legal exposure for us, Affiliates, or the Products; or (c) you are or likely to be a Prohibited Person or act on behalf of a Prohibited Person. You hereby agree to comply with such limitations and not to circumvent or bypass them in any way. You hereby agree that we may install and utilise certain software, solutions and/or tools (for example, geo-blocking solutions) allowing us to identify users from the Prohibited Jurisdictions or certain restricted jurisdictions, or those who have violated these Terms or the laws, and restrict their access to and use of the Products.
Fees. We reserve the right to introduce and charge certain fees for access to and use of the Products. In this case, the applicable fees will be disclosed to you within the respective Product.
Third-Party Costs. When you conduct certain transactions through or in relation to the Products, certain Third-Party Costs may arise. You shall solely bear all such Third-party Costs, and we are not responsible for nor are we in any way liable in connection with any such Third-party Costs.
Taxes. The tax status of Virtual Assets is uncertain and highly depends on the laws and regulations of the respective jurisdiction where you reside. You are solely responsible for determining what, if any, Taxes apply to your activities and any transactions carried out on or in relation to the Products. It is also your responsibility to withhold, collect, report, and remit all applicable Taxes to the appropriate tax authorities, and we are not responsible for withholding, collecting, reporting, or remitting such Taxes, as well as any tax consequences to you associated with or arising from any transactions carried out on or in relation to the Products.
Without prejudice the mandatory provisions of the applicable law, these Terms, as well as any relationship between you and us relating to the Products or any transaction contemplated in these Terms shall be governed by and construed and enforced in accordance with the laws of England and Wales, without regard to conflict of law rules or principles that would cause the application of the laws of any other jurisdiction. The United Nations Convention on Contracts for the International Sale of Goods shall not apply to these Terms.
Waiver of Court Proceedings and Jury Trial. Except for any Disputes in which either we or you seek injunctive or other equitable relief for the alleged unlawful use of Intellectual Property, you and we hereby waive your and our respective rights (a) to have any Dispute arising from or related to these Terms and the Products resolved in a court, and (b) to a jury trial.
Binding Arbitration. Unless otherwise expressly outlined in these Terms, any Disputes arising out of or in connection with these Terms and the Products, including any question regarding the existence, validity, or termination of these Terms, shall be referred to and finally resolved by the binding arbitration under the London Court of International Arbitration Rules, which Rules are deemed to be incorporated by reference herein. Any arbitration will occur in London, UK. The number of arbitrators shall be one (1). The language to be used in the arbitral proceedings shall be English. Any and all notices, requests, demands, and other communications that are required or may be given in connection with the arbitration shall be sent in electronic form, either via email or other electronic means, including via any electronic filing system operated by the London Court of International Arbitration. Any notices, requests, demands, and other communications sent by electronic means shall be treated as having been received by a recipient on the day it is transmitted (such time to be determined by reference to the recipient’s time zone). You will not and hereby waive your rights to object to the arbitration prescribed herein.
Confidentiality. Unless otherwise required by the applicable law, and to the maximum extent permitted and possible, you, we, and the arbitrators shall maintain the confidentiality of any arbitration proceedings, judgments and awards, including, but not limited to, all information gathered, prepared and presented for purposes of the arbitration or related to the Disputes. Unless prohibited under the law, the arbitrator will have the authority to make appropriate rulings to safeguard confidentiality.
No Class Arbitrations. Any Dispute arising out of or related to these Terms and/or the Products is personal to you and us and will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action, or any other type of representative proceeding in any circumstances. There will be no class or other type of representative action, whether within or outside of arbitration, where an individual attempts to resolve a Dispute as a representative of another individual or group of individuals.
Statutes of Limitation. To the maximum extent permitted under the law, you and we hereby agree that any claim arising out of or related to these Terms and/or the Products shall be filed within one (1) year after the ground for such claim arose; if the claim is not filed within this term, such claim shall be permanently barred, which means that neither you nor we will have the right to assert such claim.
Communication Channels. You agree and consent to receive electronically all Communications that we provide in connection with these Terms and the Products. You agree that we may provide Communications to you through any of the Communication Channels, provided that only those postings shall be deemed to constitute Communications that are expressly marked as relating to these Terms. If you provide us with your email address, we may (but will not be obliged to) send Communications to you by email. All Communications specified in this paragraph shall be deemed in writing, valid, and of full legal force, and delivered to you on the day following the day when they are published or transmitted, as the case may be.
Modification. We may modify, supplement, or update these Terms from time to time at our sole and absolute discretion. If we make changes to these Terms, we will notify you of such changes by updating these Terms and the “Last Updated” date at the top of this document. We may further provide you with an additional notification of the amendment via one of the Communication Channels. Unless otherwise notified by us, updated Terms shall be effective immediately, and your continued use of the Products will confirm the acceptance of such updated Terms. If you do not agree to any amended Terms, you must immediately discontinue any access to or use of the Products.
No Waiver. No failure or delay by us to exercise any right or remedy provided under these Terms or by law shall constitute a waiver of that or any other right or remedy, nor shall it preclude or restrict the further exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall preclude or restrict the further exercise of that or any other right or remedy.
Entire Agreement. These Terms, together with any documents incorporated herein by reference, contain the entire agreement between you and us, and supersede all prior and contemporaneous understandings, writings, letters, statements, or promises between you and us regarding the subject matters hereof. Unless otherwise expressly provided herein, there shall be no third-party beneficiaries hereto.
Survival. Sections 6, 7, 9, 10, and 12-17 shall survive any expiration or termination of your access to or use of the Products, regardless of reason.
Language. Currently, only the English version of the Products’ interface, Materials, and any Communications are considered official. The English version shall prevail in case of differences in translation of any Materials, Communications, or other content.
Assignability. You shall not assign or transfer any rights or obligations under these Terms without our prior written consent. We may transfer or assign these Terms, including any rights and obligations hereunder, at any time, and no such transfer or assignment shall require your additional consent or approval.
Validity and Enforceability. The invalidity or unenforceability of any provision or part-provision of these Terms shall not affect the validity or enforceability of any other provisions of these Terms, all of which shall remain in full force and effect.
Definitions. In these Terms, unless the context requires otherwise, the capitalised terms shall have the following meaning:
“Affiliate” means a person controlling, controlled by, or under the same control as the Company.
“Blockchain-Based Infrastructure” means certain blockchain infrastructures and blockchain-based software, including, for example, protocols, modules, and smart-contracts, the Products rely on and/or interact with.
“Communications” means any communications, agreements, documents, receipts, notices, and disclosures related to these Terms.
“Communication Channels” means the Website, our X (Twitter) account, Telegram channels, Discord server, as well as other Communication Channels linked to on the Website.
“Company”, “we”, “us”, “our” means Units Network Limited, a company established under the laws of the British Virgin Islands.
“Company Parties” means the Company, its Affiliates, their respective shareholders, directors, officers, employees, agents, advisors, contractors, and assignees.
“Dispute” means any dispute, claim, suit, action, cause of action, demand, or proceeding.
“Explorer” means the Testnet explorer and Unit Zero mainnet explorer, which is operated by us and as further described in the Materials. This does not include blockchain explorers, including those based on the technology that is the same or similar to the Explorer, that are operated by third parties.
“Feedback” means any comments, suggestions, recommendations, or other feedback provided by you in connection with or relating to the Products.
“Forward-Looking Statements” means certain opinions, forecasts, projections, future plans, or other statements, other than that of historical fact, including, but not limited to, any development plans and projections, the future functionality and projected performance of the Company and any Product, as well as prospects and future events related to any industry.
“FOSS Licence” means a free and open-source software licence that allows for editing, modifying, or reusing software’s source code.
“Force Majeure Circumstances” means any circumstances that are out of our control interfering the performance hereof, which include, without limitation, (a) fire, flood, hostility, pandemic, the act of God, explosion, strike, (b) war, undeclared war, civil war, revolution, riot, act of terrorism, military actions and operations, (c) epidemic, insurrection, riot, labour dispute, accident, (d) sanctions, government actions, embargoes, (e) injunctions, cease and desist orders, restraining or similar orders, other actions of a court, governmental or other authorities, (f) weaknesses, vulnerabilities and bugs in the software, blockchain networks, smart-contracts, other technologies used in connection with the Products, 51% attacks or similar attacks on Virtual Assets’ underlying blockchain networks; (g) loss or theft of Virtual Assets or other funds, including as a result of a hacker, malware, or other attack or third-party hostile interference; (h) actions, failures to act or inactions of Third-Party Service providers or other third parties; (i) system interference and/or destruction by any malicious programs; and (j) power failure, equipment or software malfunction or error.
“Intellectual Property” means any names of services and products, logos, trademarks, and other marks, copyrighted content, trade secrets, patents, designs, drawings, pictures, etc., which may be demonstrated within the Products, contained in the Materials, or otherwise provided by us or on our behalf.
“Licence” means a limited, temporary, non-transferable, non-exclusive, revocable, non-sublicensable licence (right) to access and use the Products for their intended purposes on the terms set forth herein.
“Notice” means a written notice of your claim to any of the Company Parties.
“Materials” means any information, statements, announcements, data, content, and other materials with respect to the Products provided by us or on our behalf, whether through the Communications Channels or otherwise.
“Products” means the Website, Explorer, Testnet, and other products developed by us, as may be introduced in the Materials from time to time.
“Prohibited Jurisdiction” means any of the following jurisdictions and territories: Bolivarian Republic of Venezuela, Democratic People’s Republic of North Korea, Islamic Republic of Iran, Republic of Cuba, Syrian Arab Republic, Myanmar, Sevastopol and the Crimea Region of Ukraine, Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine, Russian Federation, Republic of Belarus, and any jurisdiction or territory, in which the use of the Products is prohibited by applicable laws or regulations, or which is subject to a country-wide or territory-wide sanction imposed by any country, government, or international authority.
“Prohibited Person” means any citizen or resident of, or person subject to jurisdiction of, any Prohibited Jurisdiction, or person subject to any sanctions administered or enforced by any country, government, or international authority.
“Taxes” means any income, earnings, capital gains, sales, use, value-added, or similar tax, arising from your transactions carried out on or in relation to the Products.
“Terms” means these Units.Network Terms & Conditions.
“Testnet” means, as may be updated from time to time, a Layer 2 blockchain test network named “Unit Zero Testnet”, operating on top of the Waves blockchain, as further described in the Materials.
“Third-Party Content” means any content, information, materials and items provided by any third person, other than the Company, including (a) the description of, links to or elements of the Third-Party Services, (b) third-party websites and resources, as well as links thereto, and (c) any information produced or derived from Third-Party Services or other third-party sources.
“Third-Party Costs” mean any costs, fees, or expenses that are charged by third parties or third-party technologies, including, for example, blockchain gas costs, commissions, and fees related to or charged by Third-Party Services.
“Third-Party Services” means any third-party websites, applications, software, services, items, and solutions that are not provided by us, such as, for example, Virtual Assets, Wallets, software or hardware wallets, etc.
“Virtual Assets” means cryptocurrencies and other cryptographic tokens implemented on blockchain, such as, for example, Ether (ETH), USD Tether (USDT), etc.
“Wallet” means a pair of public and private cryptographic keys, having a unique blockchain address, that can be used to track ownership of, receive or spend Virtual Assets on a blockchain network.
“Website” means the Units.Network website available at https://units.network, including any of its subdomains.
“you”, “your” means the person who accepts these Terms; if you are acting on behalf of an entity, “your” and “you” shall refer to both you as an individual using the Products, and the entity on whose behalf you are acting.
Interpretation. Unless the context otherwise requires, a reference to one gender shall include a reference to the other genders; words in the singular shall include the plural and in the plural shall include the singular; any words following the terms including, include, in particular, for example or any similar expression shall be construed as illustrative and shall not limit the sense of the words, description, definition, phrase or term preceding those terms; Section headings do not affect the interpretation of these Terms. You hereby agree that a rule of construction does not apply to our disadvantage because we were responsible for the preparation of these Terms.
Informal Dispute Resolution. For any Dispute that you have against us or relating in any way to these Terms or the Products, you shall first contact us and attempt to resolve the Dispute informally by sending a Notice to us via email at . The Notice must include your name, residence address, email address, and telephone number, describe the nature and basis of the Dispute, and set forth the specific relief sought. If we and you cannot reach an agreement to resolve the Dispute within thirty (30) days after such Notice is received, then either, you or we, without prejudice to the mandatory provisions of the applicable law, may submit the dispute to the binding arbitration in accordance with the terms set forth in this Section 14. Binding arbitration is the referral of a Dispute to a qualified person(s) who will review the Dispute and make a final and binding determination, by making an order, to resolve the Dispute.
Contact Details. You may electronically communicate with us by sending Communications to the following email address . We may require you to provide additional data or documents that will allow us to identify you.