These Terms affect your legal rights and obligations.
If you do not agree to be bound by these Terms, do not access or use the Services.
The Company reserves the right to change or modify the terms and conditions contained in these Terms, including but not limited to any policy or guideline of the Site, at any time and at its sole discretion without to provide any notice.
Any changes or modifications will be effective immediately upon posting the revisions to the Site or at the instant that The Company transmits the information to the users (e.g. via email). These changes will apply at that instant to all then current and subsequent uses of the Site. You waive any right you may have to receive specific notice of such changes or modifications. Your continued use of this Site acts as acceptance of such changes or modifications. If you do not agree to the Terms in effect when you access or use the Site, you must stop using the Site or services.
In any case, by using the website and/or Services of The Company, or anything that connected to The Company, we have no obligations to you and no personal or company liability.
You will be responsible to any use of The Company website or services, or anything that connected to The Company.
DESCRIPTION OF SERVICES
The Company provides a cryptocurrency that was created to support Global Humanitarian Development Projects, and Global Trade/Business activities
(the “Platform”).
1. ELIGIBILITY
You represent and warrant that you will not use the Site or any services of The Company if the laws of your country prohibit you from doing so in accordance with these Terms.
You represent and warrant that you will not be using this site or any services of The Company for any illegal activity, including but not limited to money laundering and the financing of terrorism.
2. REGISTRATION AND ACCOUNT
In order to access and use the Services, you have to download a digital wallet (an “Account”).
You agree to:
(a) provide accurate, current and complete information when creating the account.
(b) maintain and promptly update your Account information to keep it accurate, complete, and current. (c) maintain the security and confidentiality of your login credentials and restrict access to your Account and your device.
(d) promptly notify The Company if you discover or otherwise suspect any security breaches related to the Site.
(e) take responsibility for all activities that occur under your Account and accept all risks of unauthorized access.
This service is provide by a third party and we don't have any control of it.
3. RELATIONSHIP
The Company is a limited liability company for all purposes, and is not your agent, trustee or financial advisor, The Company is not responsible for any lose or damage that may occur by using The Company Services or Third Party Services.
4. ACCURACY OF INFORMATION
You represent and warrant that any information you provide via the Services is accurate and complete. You acknowledge and agree that The Company is not responsible for any errors or omissions that you make in connection with any digital transaction initiated via the Services. For instance, if you mistype a wallet address or otherwise provide incorrect information in connection with any transaction request to send funds via the Service, the funds will be sent to whatever wallet address or information you provide.
We strongly encourage you to review your transaction request details carefully before completing any transaction requests via the Services.
5. PRIVACY POLICY
We only will share your information with third parties only if we required to do so by law enforcement, court order, or in compliance with legal reporting obligations.
The Company may aims to reasonably identify each user by cross-checking user data against third party identity verification and authentication services.
If a user or a user’s transaction is flagged as suspicious, The Company may require additional proof of identification from the user and has the right to not permit any deposits, and/or withdrawals until additional and verifiable proof of identity is received.
By agreeing to our Terms, you acknowledge and understand that The Company maintains verification levels which require user participation and verification in order to obtain, with leveled permissions based on user-supplied information, our ability to verify it, and our internal policies. You accept that you may not be able to achieve a desired level of verification, and The Company reserves the right to determine, at its sole discretion, the appropriate Verification Level for any user, as well as the right to block users without prior notice.
The Company may, from time to time, implement policies restricting Verification Levels by nationality, country of residence, or any other factor. This may affect your ability to send or withdraw funds in your account and you indemnify The Company against any losses associated with an inability to deposit and/or withdraw funds based on your verification level.
6. CONFIDENTIALITY OF THE TRANSMISSION OF INFORMATION OVER THE INTERNET
The transmission of data or information (including communications by e-mail) over the Internet or other publicly accessible networks is not 100% secure, and is subject to possible loss, interception, or alteration while in transit. Accordingly, The Company does not assume any liability, without limitation, for any damage you may experience or costs you may incur as a result of any transmissions over the Internet or other publicly accessible networks, including but not limited to transmissions involving the Platform or e-mail with The Company containing your personal information.
While The Company will take commercially reasonable efforts to safeguard the privacy of the information you provide to The Company and will treat such information in accordance with The Company's Privacy Policy, in no event will the information you provide to The Company be deemed to be confidential, create any fiduciary obligations for The Company, or result in any liability for The Company in the event that such information is negligently released by The Company or accessed by third parties without The Company's permission.
7. NO INVESTING ADVICE
We are a software-only service and do not advise on the merits of any particular transactions or their taxation consequences.
In entering into any transaction on the Platform, you represent that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of the transaction. You represent that you have sufficient knowledge, market sophistication, professional advice and experience to make your own evaluation of the merits and risks of any transaction. We give you no warranty as to the suitability of the digital wallet or digital transfer
under these Terms and assume no fiduciary duty in our relations with you.
If at any point The Company or its representatives do provide
any financial information or any general information, the act of doing so is incidental to your relationship with us and imposes no obligation of truth or due diligence on behalf of The Company or its representatives. We give no representation, warranty, or guarantee as to the accuracy or completeness of any such information or as to the tax consequences of any transaction.
8. DIGITAL TRANSACTIONS
As part of the services in connection with The Company, The Company may send you or receive a Cryptocurrency via the Digital Wallet.
You may initiate a digital transaction by going to The Company website, or third party website, choosing to send or receive a Cryptocurrency and entering the requisite information regarding the sender or recipient and the amount of funds you wish to transfer or receive.
A transaction is not complete while it is in a pending state.
A Cryptocurrency associated with transactions that are in a pending state will be designated accordingly, and will not be included in your Wallet balance or be available to conduct transactions.
The Company reserves the right to refuse to process or to cancel any pending Transaction as required by law or in response to a subpoena, court order, or other binding government order.
The Company has no control over, or liability for, the delivery, quality, safety, legality or any other aspect of any goods or services that you may purchase or sell to or from a third party.
The Company is not responsible for ensuring that a buyer or a seller you are dealing with will actually complete the transaction or is authorized to do so. If you experience a problem with any goods or services purchased from, or sold to, a third party in connection with digital transferred using The Company, or if you have a dispute with such third party, you must handle it directly with that third party.
Any digital Transaction conducted using The Company is final regardless of any defects in or non-delivery of any goods or services in connection with such digital Transaction, or any other aspect of your transaction or relationship with the relevant third party.
If you believe a third party has behaved in a fraudulent, misleading, or inappropriate manner, of if you cannot adequately resolve a dispute with a third party, you may notify The Company so that we may consider whether to take any action.
The Company process digital Transaction according to the instructions received from its users and we do not guarantee the identity of any user, receiver, requestee or other party.
You should verify all transaction information prior to using The Company services or the digital wallet.
Submitting a digital transfer may not be cancelled or reversed once initiated.
The Company cannot confirm that a digital wallet number belongs to the intended recipient.
The risk of loss in sending or holding a Cryptocurrency can be substantial. You should therefore carefully consider whether holding Cryptocurrency is suitable for you in light of your financial condition. In considering whether to transfer or hold Cryptocurrency, you should be aware that the price or value of a Cryptocurrency can change rapidly, increase, decrease, and potentially even fall to zero.
9. NO CANCELLATIONS OR MODIFICATIONS
Once a transaction request has been submitted, the Verification Network will automatically complete or reject the request and you will not be able to cancel or otherwise modify your transaction request. All transaction requests initiated via the Services are irreversible.
10. LIMITED USE
The Company give you the option subject to these Terms, to access and use the Services, and the content, materials, information and functionality available in connection therewith (collectively, the “Content”) solely for information, transactional, or other approved purposes as permitted by The Company from time to time. Any other use of the Services or Content is expressly prohibited. All other rights in the Platform or Content are reserved by us. You will not otherwise copy, transmit, distribute, sell, resell, license, de-compile, reverse engineer, disassemble, modify, publish, participate in the transfer or sale of, create derivative works from, perform, display, incorporate into another website, or in any other way exploit any of the Content or any other part of the Services or any derivative works thereof, in whole or in part for commercial or non-commercial purposes. Without limiting the foregoing, you will not frame or display the Site or Content (or any portion thereof) as part of any other web site or any other work of authorship without the prior written permission of The Company. If you violate any portion of these Terms, your permission to access and use the Services may be terminated pursuant to these Terms. In addition, we reserve the right to all remedies available at law and in equity for any such violation.
11. CYBER ATTACK
If The Company is able to confirm that a digital active on the Platform has been compromised or is under attack, The Company may immediately halt transfers, and withdrawals. Resolutions concerning deposits, withdrawals, and user balances will be determined on a case-by-case basis.
The Company makes no representation and does not warrant the safety of the Platform and is not liable for any lost value or stolen Cryptocurrency, whether or not The Company was negligent in providing the proper security.
12. TAXES
It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions associated with your receipt or transfer of Cryptocurrency, and/or to the Cryptocurrency Transactions you conduct through The Company, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities.
13. PLATFORM FEES
Access to the wallet is free, but the Platform may charge fees for additional Services. Any applicable fees will be displayed in each Service.
14. THIRD PARTY CONTENT
The Company and its users may provide third party content on the Site and may provide links to web pages and content that are not owned or controlled by The Company (collectively the "Third Party Content") as a service to those interested in this information. The Company does not control, endorse, or adopt any Third Party Content and makes no representation or warranties of any kind regarding the Third Party Content, including but not limited to its accuracy or completeness. You acknowledge and agree that The Company is not responsible or liable in any manner for any Third Party Content and undertakes no responsibility to update or review any Third Party Content. You acknowledge that your use of such Third Party Content is at your own risk.
Your business dealings or correspondence with, or participation in promotions of, any third parties, and any terms, conditions, warranties, or representations associated with such dealings or promotions, are solely between you and such third parties. The Company is not responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or promotions or as the result of the presence of such Third Party Content on the Site.
15. COPYRIGHT OF FEEDBACK MATERIALS
You acknowledge and agree that any materials, including but not limited to questions, comments, feedback, suggestions, ideas, plans, notes, drawings, original or creative materials or other information, regarding The Company or the Services (collectively, "Feedback") that are provided by you, whether by email, posting to the Site or otherwise, are non-confidential and will become the sole property of The Company.
The Company will own exclusive rights, including all intellectual property rights, and will be entitled to the unrestricted use and dissemination of such Feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to you.
16. USER CONDUCT AND OBLIGATIONS
In connection with your use of the Services, you will not:
(a) Violate or assist any party in violating any law, statute, ordinance, regulation or any rule of any self-regulatory or similar organization of which you are or are required to be a member through your use of the Services.
(b) Provide false, inaccurate or misleading information.
(c) Infringe upon The Company’s or any third party’s copyright, patent, trademark, or intellectual property rights.
(d) Distribute unsolicited or unauthorized advertising or promotional material, any junk mail, spam, or chain letters.
(e) Reverse engineer or disassemble any aspect of the Site or Services in an effort to access any source code, underlying ideas and concepts, and algorithms.
(f) Take any action that imposes an unreasonable or disproportionately large load on our infrastructure, or detrimentally interfere with, intercept, or expropriate any system, data, or information.
(g) Transmit or upload any material to the Site that contains viruses, Trojan horses, worms, or any other harmful or deleterious programs.
(h) Otherwise attempt to gain unauthorized access to the Site, computer systems or networks connected to the Site, through password mining or any other means.
(i) Transfer any rights granted to you under these Terms.
17. TRANSFERABILITY
While the Account and the Services provided to a user are not transferable under any circumstance and shall be used only by the user, The Company shall have the right to transfer, assign, or sell all the rights, benefits, or obligations to any person and these Terms shall continue to be in force and effect for the benefit of the successors and assigns of The Company.
18. ELECTRONIC TRANSFERRING TERMS
A transaction on the Platform may fail for several reasons, or unanticipated technical difficulties. We make no representation or warrant that any transaction will be executed properly.
The Company is under no circumstances liable for any loss or injury suffered by a failure of a transaction to complete properly.
Further, The Company is in no way responsible for notifying you of a transaction failure. The User has full responsibility to determine and inquire into the failure of any transaction the User initiates.
In the event that you receive any data, information or software other than that which you are entitled to receive pursuant to these Terms, you will immediately notify us and will not use, in any way whatsoever, such data, information or software. If you request a withdrawal of funds from your Account and we cannot comply with it without closing some part of your open positions, we will not comply with the request until you have closed sufficient positions to allow you to make the withdrawal.
We shall be entitled to act for you upon instructions given by or purporting to be given by you or any person authorized on your behalf without further inquiry as to the genuineness, authority, or identity of the person giving or purporting to give such instructions, provided such instruction is accompanied by correct information about your Account.
19. PERMANENT WITHDRAWAL OF SERVICE
The Company may suspend or terminate your access to the Services, and/or deactivate or cancel your Account as required by a valid subpoena or court order, or if The Company reasonably suspects you of using your Account in furtherance of illegal activity.
You will be permitted to transfer Cryptocurrency associated with your Account for 30 (30) days after Account deactivation or cancellation unless such transfer is otherwise prohibited under the law, or by a valid subpoena or court order. If any transaction is in a pending state at the time your Account is cancelled or suspended, such transaction may be cancelled and/or refunded as appropriate. You may not cancel your Account to evade an investigation or avoid paying any amounts otherwise due to The Company. Upon cancellation of your Account, you authorize The Company to cancel or suspend pending transactions and, after providing written notice to you, return the funds associated with such transactions to your wallet address. In the event that you or The Company terminates this agreement or your access to the Services, or deactivates or cancels your Account, you will remain liable for all amounts due hereunder. In the event that a technical problem causes system outage or account errors, The Company may temporarily suspend access to your Account until the issue is resolved.
20. OWNERSHIP OF FUNDS
You hereby certify to us that any funds used by you in connection with the Platform are either owned by you or that you are validly authorized to carry out transactions using such funds, and that all transactions initiated with your Account are for your own account and not on behalf of any other person or entity.
21. TRANSACTIONS WITH THE COMPANY
When buying or transferring a Cryptocurrency through The Company, you are buying from The Company directly.
The Company does not act as an intermediary or marketplace between other buyers and sellers of Cryptocurrency.
22. EXCHANGE RATE
The Global Development Coin Token exchange rate is determined by the global Blockchain/Cryptocurrency market. We may adjust the price of The Global Development Coin Token to the Euro, Pound, Dollar or other currency.
You agree to accept this Exchange Rate as the sole conversion metric.
23. DEVELOPMENT PROJECTS
Every Development Project owner/manager or Trade/Business activity owner/manager that will accept The Global Development Coin Token as a payment method is bound by these Terms of Service.
24. REFUND POLICY
Given the irreversibility of Cryptocurrency transactions, we cannot provide refund or return on any transaction.
25. INDEMNIFICATION
You agree to indemnify, defend and hold The Company, its affiliates and service providers, and each of their respective officers, directors, agents, joint venturers, employees, and representatives, harmless from any claim or demand (including attorneys’ fees and costs and any fines, fees or penalties imposed by any regulatory authority) arising out of or related to (i) your breach of these Terms, (ii) your use of Services, or (iii) your violation of any law, rule, or regulation, or the rights of any third party.
26. DISCLAIMER OF WARRANTEES
THE COMPANY PROVIDES NO GUARANTEE AS TO THE PERFORMANCE OR THE UNINTERRUPTED AVAILABILITY OF THE SERVICES. THE SERVICES ARE PROVIDED ON AN "AS IS," "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED.
THE COMPANY DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT WITH RESPECT TO THE SERVICES.
THE COMPANY DOES NOT REPRESENT OR WARRANT THAT THE SERVICES AND THE INFORMATION CONTAINED THEREIN ARE ACCURATE, COMPLETE, RELIABLE, CURRENT OR ERROR-FREE.
THE COMPANY WILL MAKE REASONABLE EFFORTS TO ENSURE THAT TRANSACTIONS ON THE PLATFORM ARE PROCESSED IN A TIMELY FASHION, BUT MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE AMOUNT OF TIME NEEDED TO PROCESS SUCH TRANSACTIONS. BECAUSE THE COMPANY TRANSFERS ON AND OFF THE PLATFORM ARE DEPENDENT UPON MANY FACTORS OUTSIDE OF OUR CONTROL, THE COMPANY MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE SUCCESS OF, OR THE AMOUNT OF TIME NEEDED FOR THE COMPANY TOKENS TRANSACTIONS.
27. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL HAVE NO LIABILITY FOR ANY DAMAGES OF ANY KIND (INCLUDING WITHOUT LIMITATION INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR TORT DAMAGES, OR LOST PROFITS) IN CONNECTION WITH YOUR USE OF THE SERVICES, EVEN IF THE COMPANY HAS BEEN ADVISED OR IS AWARE OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL THE COMPANY'S LIABILITY FOR MONEY DAMAGES UNDER THESE TERMS EXCEED THE AMOUNT OF FEES RECEIVED FROM YOU DURING THE PRECEDING ONE (1) WEEK PERIOD.
28. APPLICABLE LAW AND VENUE
These Terms and your use of the Services will be governed by and construed in accordance with the laws of the state of Hong Kong.
without resort to its conflict of law provisions. You agree that any action at law or in equity arising out of or relating to these Terms not subject to arbitration, and will be filed only in the court of Hong Kong.