• Privacy_Policy
  • terms_of_service

Privacy Policy

Last Updated: [ 2018.4.10 ]

 

This Privacy Policy explains our practices regarding the collection, use and disclosure of information that we receive through our Services. This Privacy Policy does not apply to any third-party websites, services or applications, even if they are accessible through our Services. Also, please note that, unless we define a term in this Privacy Policy, all capitalized terms used in this Privacy Policy have the same meanings as in our Terms of Service. So, please make sure that you have read and understand our Terms of Service.

 

1.                    Revisions to this Privacy Policy. Any information that is collected via our Services is covered by the Privacy Policy in effect at the time such information is collected. We may revise this Privacy Policy from time to time. If we make any material changes to this Privacy Policy, we’ll notify you of those changes by posting them on the Services or by sending you an email or other notification, and we’ll update the “Last Updated Date” above to indicate when those changes will become effective.

2.                    Information Collected or Received from You. Our primary goals in collecting information are to provide and improve our Services, to administer your use of the Services, and to enable you to enjoy and easily navigate our Services.

(a)                 Information Collected Using Cookies and other Web Technologies . Like many website owners and operators, we may use automated data collection tools such as Cookies and Web Beacons to collect certain information.

“ Cookies ” are small text files that are placed on your device by a web server when you access our Services. We may use both session Cookies and persistent Cookies to identify that you’ve logged in to the Services and to tell us how and when you interact with our Services. We may also use Cookies to monitor aggregate usage and web traffic routing on our Services and to customize and improve our Services. Unlike persistent Cookies, session Cookies are deleted when you log off from the Services and close your browser. Although most browsers automatically accept Cookies, you can change your browser options to stop automatically accepting Cookies or to prompt you before accepting Cookies. Please note, however, that if you don’t accept Cookies, you may not be able to access all portions or features of the Services. Some third-party services providers that we engage (including third-party advertisers) may also place their own Cookies on your device. Note that this Privacy Policy covers only our use of Cookies and does not include use of Cookies by such third parties.

 

“ Web Beacons ” (also known as web bugs, pixel tags or clear GIFs) are tiny graphics with a unique identifier that may be included on our Services for several purposes, including to deliver or communicate with Cookies, to track and measure the performance of our Services, to monitor how many visitors view our Services, and to monitor the effectiveness of our advertising. Unlike Cookies, which are stored on the device, Web Beacons are typically embedded invisibly on web pages (or in an e-mail).

 

“ Log Data ” means certain information about how a person uses our Services (each, a “ User ”). Log Data may include information such as a User’s Internet Protocol (IP) address, browser type, operating system, the web page that a User was visiting before accessing our Services, the pages or features of our Services to which a User browsed and the time spent on those pages or features, search terms, the links on our Services that a User clicked on and other statistics. We use Log Data to administer the Services and we analyze (and may engage third parties to analyze) Log Data to improve, customize and enhance our Services by expanding their features and functionality and tailoring them to our Users’ needs and preferences. We may use a person’s IP address to generate aggregate, non-identifying information about how our Services are used.

 

(b)                 Information Sent by Your Mobile Device . We collect certain information that your mobile device sends when you use our Services, like a device identifier, user settings and the operating system of your device, as well as information about your use of our Services.

3.                    Information that We Share with Third Parties. We will not share any PII that we have collected from or regarding you except as described below:

(a)                 Information Shared with Our Services Providers . We may engage third-party services providers to work with us to administer and provide the Services or to improve the Services.

(b)                 Information Shared with other Third Parties . We may share anonymized or aggregated data we collect from the use of the Services, such as de-identified demographic information, de-identified location information, information about the computer or device from which you access the Services, market trends and other analysis that we create based on the information we receive from you and other users.

(c)                  Information Shared with Web Analytics Services Providers .

Google. We may use Google Analytics, a service provided by Google, Inc. (“ Google ”), to gather information about how users engage with our Services. For more information about Google Analytics, please visit www.google.com/policies/privacy/partners/ . You can opt out of Google’s collection and processing of data generated by your use of the Services by going to http://tools.google.com/dlpage/gaoptout .

Umeng . We may use Umeng analytics tool in order to analyze and improve the Services. For more information about UMeng , please visit https://www.umeng.com/ .

(d)                 Information Disclosed in Connection with Business Transactions . Information that we collect from our users, including PII, is considered to be a business asset. Thus, if we are acquired by a third party as a result of a transaction such as a merger, acquisition or asset sale or if our assets are acquired by a third party in the event we go out of business or enter bankruptcy, some or all of our assets, including your PII, may be disclosed or transferred to a third party acquirer in connection with the transaction.

(e)                 Information Disclosed for Our Protection and the Protection of Others . We cooperate with government and law enforcement officials or private parties to enforce and comply with the law. We may disclose any information about you to government or law enforcement officials or private parties as we, in our sole discretion, believe necessary or appropriate: (i) to respond to claims, legal process (including subpoenas); (ii) to protect our property, rights and safety and the property, rights and safety of a third party or the public in general; and (iii) to stop any activity that we consider illegal, unethical or legally actionable activity.

4.                    Your Choices. We offer you choices regarding the collection, use and sharing of your PII and we’ll respect the choices you make. Please note that if you decide not to provide us with the PII that we request, you may not be able to access all of the features of the Services.

(a)                 Opt-Out of our Mailings . We may periodically send you free newsletters and e-mails that directly promote our Services. When you receive such promotional communications from us, you will have the opportunity to “opt-out” (either through the App (if applicable) or by following the unsubscribe instructions provided in the e-mail you receive). We do need to send you certain communications regarding the Services and you will not be able to opt out of those communications – e.g., communications regarding updates to our Terms of Service or this Privacy Policy or information about billing.

(b)                 Opt-out of Ad Tracking . You can opt out of the collection and use of your information for ad targeting by going to http://www.aboutads.info/choices or http://www.youronlinechoices.eu/ to limit collection through the Services or by configuring the settings on your mobile device to limit ad tracking through the App.

(c)                  Modifying Your Information . Other than certain information that you may be able to modify using the App, the Services do not otherwise offer the ability to modify or delete your information.

5.                    The Security of Your Information. We take reasonable administrative, physical and electronic measures designed to protect the information that we collect from or about you (including your PII) from unauthorized access, use or disclosure. When you enter sensitive information on our forms, we encrypt this data using SSL or other technologies. Please be aware, however, that no method of transmitting information over the Internet or storing information is completely secure. Accordingly, we cannot guarantee the absolute security of any information.

6.                    Links to Other Sites Our Services may contain links to websites and services that are owned or operated by third parties (each, a “ Third-party Service ”). Any information that you provide on or to a Third-party Service or that is collected by a Third-party Service is provided directly to the owner or operator of the Third-party Service and is subject to the owner’s or operator’s privacy policy. We’re not responsible for the content, privacy or security practices and policies of any Third-party Service. To protect your information we recommend that you carefully review the privacy policies of all Third-party Services that you access.

7.                    International Transfer Your PII may be transferred to, and maintained on, computers located outside of your state, province, country or other governmental jurisdiction where the privacy laws may not be as protective as those in your jurisdiction. If you’re located outside the United States and choose to provide your PII to us, we may transfer your PII to the United States and process it there.

8.                    Our Policy toward People under 13. Our Services are not directed to people under 13 and we do not knowingly collect PII from people under 13. If we learn that we have collected PII of a person under 13 we will take steps to delete such information from our files as soon as possible.

9.                    Your California Privacy Rights. California residents may request and obtain from us, once a year, free of charge, a list of third parties, if any, to which we disclosed their PII for direct marketing purposes during the preceding calendar year and the categories of PII shared with those third parties. If you are a California resident and wish to obtain that information, please submit your request by sending us an e mail at [ email ] with “California Privacy Rights” in the subject line.

10.                Questions? Please contact us at nas.nano.co n [email protected] , if you have any questions about our Privacy Policy.

Terms of Service

Last Updated: [2018.4.10]

Please read Distribute The Future Inc. ’s (“ Company ”, “ we ”, “ us ” or “ our ”) Terms of Service (the “ Terms ”) and the Privacy Policy ([ link to privacy policy ]) (“ Privacy Polic y”) carefully because they govern your use of our mobile device application for the receipt and transfer of NASCoins (“ App ”). These Terms constitute a binding obligation between you and Company . To make these Terms easier to read, our services and App are collectively called the “ Services .” “ NASCoins ” means the native unit of value on the Nebulas protocol, which refers to the blockchain protocol initiated by the Nebulas Foundation.

  1. Agreement to Terms. By using our Services, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, do not use the Services. If you are accessing and using the Services on behalf of a company (such as your employer) or other legal entity, you represent and warrant that you have the authority to bind that company or other legal entity to these Terms. In that case, “you” and “your” will refer to that company or other legal entity.
  2. Privacy Policy. Please refer to our Privacy Policy for information on how we collect, use and disclose information from our users. You acknowledge and agree that your use of the Services is subject to our Privacy Policy.

IMPORTANT NOTICE REGARDING ARBITRATION: FOR RESIDENTS OUTSIDE OF THE PEOPLE’S REPUBLIC OF CHINA , WHEN YOU AGREE TO THESE TERMS YOU ARE AGREEING (WITH LIMITED EXCEPTION) TO RESOLVE ANY DISPUTE BETWEEN YOU AND COMPANY THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. PLEASE REVIEW CAREFULLY SECTION 18 “ DISPUTE RESOLUTION FOR NON-PRC RESIDENTS ” BELOW FOR DETAILS REGARDING ARBITRATION (INCLUDING THE PROCEDURE TO OPT OUT OF ARBITRATION).

  1. Changes to Terms or Services. We may update the Terms at any time, in our sole discretion. If we do so, we’ll deliver a notice either by posting the updated Terms on the App or through other communications. It’s important that you review the Terms whenever we update them or you use the Services. If you continue to use the Services after we have posted updated Terms, you are agreeing to be bound by the updated Terms. If you don’t agree to be bound by the updated Terms, then, except as otherwise provided in Section 18(a)(viii) (“Modification of Dispute Resolution Section”), you may not use the Services anymore. Because our Services are evolving over time we may change or discontinue all or any part of the Services, at any time and without notice, at our sole discretion.
  2. Who May Use the Services? You may use the Services only if you are 13 years or older and are not barred from using the Services under applicable law. If you are between 13 and 18, you must have permission from your legal guardian before you are permitted to use the Services.
  3. Wallet Registration.

(a)                 If you wish to access the Services, you must create a wallet with Company (“ Wallet ”) for that purpose. When you create a Wallet, you agree to take the following precautions, because failure to do so may result in loss of access to, and/or control over, your Wallet: (a) create a strong password that you do not use for any other website or online service; (b) provide accurate and truthful information; (c) maintain and promptly update your Wallet information; (d) maintain the security of your Wallet by protecting your Wallet password and access to your computer and your Wallet; (e) promptly notify us if you discover or otherwise suspect any security breaches related to your Wallet; and (f) use the backup functionality provided by the Wallet and safeguard your backup files as you would safeguard your most important personal information.

(b)                 When you create a Wallet, we will assign you an identifier that you must retain to access your Wallet.

(c)                  You hereby accept and acknowledge that you take responsibility for all activities that occur under your Wallet and accept all risks of any authorized or unauthorized access to your Wallet, to the maximum extent permitted by law.

  1. Wallet Services .

(a)                 Wallet Address and Private Key and Backup Phrase . When you create a Wallet, the Services generate and store a cryptographic private and public key pair that you may use to send and receive any NASCoins via the relevant NASCoins network. The private key uniquely matches the Wallet address and must be used in connection with the Wallet address transfer NASCoins from that Wallet address. YOU ARE SOLELY RESPONSIBLE FOR MAINTAINING THE SECURITY OF YOUR PRIVATE KEY AND ANY BACKUP PHRASE ASSOCIATED WITH YOUR WALLET. YOU MUST KEEP YOUR WALLET ADDRESS, BACKUP PHRASE AND PRIVATE KEY ACCESS INFORMATION SECURE. FAILURE TO DO SO MAY RESULT IN THE LOSS OF CONTROL OF NASCOINS ASSOCIATED WITH THE WALLET.

(b)                 No Retrieval of Password or Private Keys . Company does not receive or store your Wallet password, backup phrase, or the unencrypted keys and addresses. Therefore, we cannot assist you with the retrieval of Wallet password or the keys or addresses. Our Services provide you with tools to help you remember or recover your password, including by allowing you to set password hints and use backup phrases, but the Services cannot generate a new password for your Wallet. You are solely responsible for remembering your Wallet password. If you have not safely stored a backup of any Wallet addresses and private key pairs maintained in your Wallet, you accept and acknowledge that any NASCoins you have associated with such Wallet addresses will become inaccessible if you do not have your Wallet password.

(c)                  Transactions . In order to be completed, all proposed NASCoins transactions must be confirmed and recorded in the NASCoins public ledger associated with the relevant NASCoins network. Such networks are decentralized, peer-to-peer networks supported by independent third-parties, which are not owned, controlled or operated by Company . Company has no control over any NASCoins network and therefore cannot and does not ensure that any transaction details you submit via the Services will be confirmed via the relevant NASCoins network. You acknowledge and agree that the transaction details you submit via the Services may not be completed, or may be substantially delayed, by the NASCoins network used to process the transaction and Company has no liability to you in this regard.

(d)                 No Storage or Transmission of NASCoins . A NASCoin is an intangible, digital asset. They exist only by virtue of the ownership record maintained in the underlying NASCoins network. Any transfer of title that might occur in any NASCoins occurs on the decentralized ledger within the NASCoins network and not within the Services. We do not guarantee that the Services can affect the transfer of title or right in any NASCoins.

(e)                 Accuracy of Information . You represent and warrant that any information you provide via the Services is accurate and complete. You accept and acknowledge that Company is not responsible for any errors or omissions that you make in connection with any NASCoins transaction initiated via the Services, for instance, if you mistype a Wallet address or otherwise provide incorrect information. You agree to review your transaction details carefully before completing them via the Services.

(f)                   No Cancellations or Modifications . Once transaction details have been submitted to the NASCoins network via the Services, the Services cannot assist you to cancel or otherwise modify your transaction details. Company has no control over any NASCoins network and does not have the ability to facilitate any cancellation or modification requests.

(g)                  Taxes . It is your responsibility to determine what, if any, taxes apply to the transactions you for which you have submitted transaction details via the Services, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that Company is not responsible for determining whether taxes apply to your NASCoins transactions or for collecting, reporting, withholding or remitting any taxes arising from any NASCoins transactions.

  1. Wallet Fees .

(a)                 Creation of a Wallet . Creating a Wallet is free. Company does not currently charge fees for any Services, however we reserve the right to do so in future, and in such case any applicable fees will be displayed prior to you using any Service to which a fee applies

(b)                 Validation Fees. A NASCoins network is a network of computers operated by individuals or entities who voluntarily participate in the process of validating transactions on the network. You agree to pay any validation fees that apply with respect to a transfer of your NASCoins.

(c)                  No Ability to Cancel . You will not be able to change your mind once you have confirmed that you wish to proceed with a transaction.

  1. Feedback. We welcome feedback, comments and suggestions for improvements to the Services (“ Feedback ”). You can submit Feedback by emailing us at [email protected] . You grant to us a non-exclusive, transferable, worldwide, perpetual, irrevocable, fully-paid, royalty-free license, with the right to sublicense, under any and all intellectual property rights that you own or control to use, copy, modify, create derivative works based upon and otherwise exploit the Feedback for any purpose.
  2. Content Ownership, Responsibility and Removal.

(a)                 Definitions . For purposes of these Terms: (i)   “ Content ” means text, graphics, images, music, software, audio, video, works of authorship of any kind, and information or other materials that are posted, generated, provided or otherwise made available through the Services; and (ii)   “ User Content ” means any Content that you provide to be made available through the Services .

(b)                 Our Content Ownership . Company does not claim any ownership rights in any User Content and nothing in these Terms will be deemed to restrict any rights that you may have to use and exploit your User Content. Subject to the foregoing, Company and its licensors exclusively own all right, title and interest in and to the Services and Content, including all associated intellectual property rights. You acknowledge that the Services and Content are protected by copyright, trademark, and other laws of the United States and foreign countries. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Services or Content.

(c)                  Rights in User Content Granted by You . By making any User Content available through the Services you hereby grant to Company a non-exclusive, irrevocable, perpetual, transferable, worldwide, royalty-free license, with the right to sublicense, to use, copy, modify, distribute, publicly display and publicly perform your User Content in connection with operating and providing the Services to you and to other users of the Services.

(d)                 Your Responsibility for User Content . You are solely responsible for all your User Content. You represent and warrant that you own all your User Content or you have all rights that are necessary to grant us the license rights in your User Content under these Terms. You also represent and warrant that neither your User Content, nor your use and provision of your User Content to be made available through the Services, nor any use of your User Content by Company on or through the Services will infringe, misappropriate or violate a third party’s intellectual property rights, or rights of publicity or privacy, or result in the violation of any applicable law or regulation.

(e)                 Removal of User Content . You can remove your User Content by specifically deleting it. However, in certain instances, some of your User Content (such as posts or comments you make) may not be completely removed and copies of your User Content may continue to exist on the Services. We are not responsible or liable for the removal or deletion of (or the failure to remove or delete) any of your User Content.

(f)                   Rights in Content Granted by Company . Subject to your compliance with these Terms, Company grants to you a limited, non-exclusive, non-transferable license, with no right to sublicense, to access and view the Content solely in connection with your permitted use of the Services and solely for your personal and non-commercial purposes.

  1. Copyright Policy. Company respects copyright law and expects its users to do the same. It is Company’s policy to terminate in appropriate circumstances Account holders who repeatedly infringe or are believed to be repeatedly infringing the rights of copyright holders. Please see Company’s Copyright Policy at [ insert link ], for further information
  2. Rights and Terms for Apps.

(a)                 Rights in App Granted by Company . Subject to your compliance with these Terms, Company grants to you a limited non-exclusive, non-transferable license, with no right to sublicense, to download and install a copy of the App on a mobile device or computer that you own or control and to run such copy of the App solely for your own personal purposes. You may not copy the App, except for making a reasonable number of copies for backup or archival purposes. Except as expressly permitted in these Terms, you may not: (i)   copy, modify or create derivative works based on the App; (ii)   distribute, transfer, sublicense, lease, lend or rent the App to any third party; (iii)   reverse engineer, decompile or disassemble the App; or (iv)   make the functionality of the App available to multiple users through any means. Company reserves all rights in and to the App not expressly granted to you under these Terms.

(b)                 Accessing App from App Store . The following terms apply to any App accessed through or downloaded from any app store or distribution platform (like the Apple App Store or Google Play) where the App may now or in the future be made available (each an “ App Provider ”). You acknowledge and agree that:

          These Terms are concluded between you and Company , and not with the App Provider, and Company (not the App Provider), is solely responsible for the App.

          The App Provider has no obligation to furnish any maintenance and support services with respect to the App.

          In the event of any failure of the App to conform to any applicable warranty, you may notify the App Provider, and the App Provider will refund the purchase price for the App to you (if applicable) and, to the maximum extent permitted by applicable law, the App Provider will have no other warranty obligation whatsoever with respect to the App. Any other claims, losses, liabilities, damages, costs or expenses attributable to any failure to conform to any warranty will be the sole responsibility of Company .

          The App Provider is not responsible for addressing any claims you have or any claims of any third party relating to the App or your possession and use of the App, including, but not limited to: (i)   product liability claims; (ii) any claim that the App fails to conform to any applicable legal or regulatory requirement; and (iii) claims arising under consumer protection or similar legislation.

          In the event of any third party claim that the App or your possession and use of that App infringes that third party’s intellectual property rights, Company will be solely responsible for the investigation, defense, settlement and discharge of any such intellectual property infringement claim to the extent required by these Terms.

          The App Provider, and its subsidiaries, are third-party beneficiaries of these Terms as related to your license to the App, and that, upon your acceptance of the Terms, the App Provider will have the right (and will be deemed to have accepted the right) to enforce these Terms as related to your license of the App against you as a third-party beneficiary thereof.

          You represent and warrant that (i) you are not located in a country that is subject to a U.S. Government embargo, or that has been designated by the U.S. Government as a terrorist-supporting country; and (ii) you are not listed on any U.S. Government list of prohibited or restricted parties.

          You must also comply with all applicable third party terms of service when using the App.

  1. General Prohibitions and Company’s Enforcement Rights . You agree not to do any of the following:

(a)                 Post, upload, publish, submit or transmit any User Content that: (i)   infringes, misappropriates or violates a third party’s patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii)   violates, or encourages any conduct that would violate, any applicable law or regulation or would give rise to civil liability; (iii)   is fraudulent, false, misleading or deceptive; (iv) is defamatory, obscene, pornographic, vulgar or offensive; (v)   promotes discrimination, bigotry, racism, hatred, harassment or harm against any individual or group; (vi)   is violent or threatening or promotes violence or actions that are threatening to any person or entity; or (vii)   promotes illegal or harmful activities or substances;

(b)                 Use, display, mirror or frame the Services or any individual element within the Services, Company’s name, any Company trademark, logo or other proprietary information, or the layout and design of any page or form contained on a page, without Company’s express written consent;

(c)                  Access, tamper with, or use non-public areas of the Services, Company’s computer systems, or the technical delivery systems of Company’s providers;

(d)                 Attempt to probe, scan or test the vulnerability of any Company system or network or breach any security or authentication measures;

(e)                 Avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by Company or any of Company’s providers or any other third party (including another user) to protect the Services or Content;

(f)                   Attempt to access or search the Services or Content or download Content from the Services through the use of any engine, software, tool, agent, device or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by Company or other generally available third-party web browsers;

(g)                  Send any unsolicited or unauthorized advertising, promotional materials, email, junk mail, spam, chain letters or other form of solicitation;

(h)                 Use any meta tags or other hidden text or metadata utilizing a Company trademark, logo URL or product name without Company’s express written consent;

(i)                   Use the Services, or any portion thereof, for any commercial purpose or for the benefit of any third party or in any manner not permitted by these Terms;

(j)                   Forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Services to send altered, deceptive or false source-identifying information;

(k)                  Attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Services;

(l)                   Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Services;

(m)               Collect or store any personally identifiable information from the Services from other users of the Services without their express permission;

(n)                 Impersonate or misrepresent your affiliation with any person or entity;

(o)                 Violate any applicable law or regulation; or

(p)                 Encourage or enable any other individual to do any of the foregoing.

Although we’re not obligated to monitor access to or use of the Services or to review or edit any Content, we have the right to do so for the purpose of operating the Services, to ensure compliance with these Terms and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any Content (including without limitation User Content), at any time and without notice, including, but not limited to, if we, at our sole discretion, consider any Content to be objectionable or in violation of these Terms. We have the right to investigate violations of these Terms or conduct that affects the Services. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law.

  1. Links to Third Party Websites or Resources. The Services (including the App) may make available to you content provided by third parties, including links to third-party websites or resources such as cryptocurrency information and news websites (collectively, “ Third Party Content ”). We do not control, endorse or adopt any Third-Party Content and will have no responsibility for Third Party Content including, without limitation, material that may be misleading, incomplete, erroneous, offensive, indecent or otherwise objectionable . You acknowledge that w e provide the Third Party Content to you only as a convenience and are not responsible for the content, products or services on or available from those websites or resources or links displayed on such websites. You further acknowledge sole responsibility for and assume all risk arising from, your use of any third-party websites or resources and all your interactions with such third-party websites or resources.
  2. Cancellation, Suspension or Termination of Services.

(a)                 We may suspend or terminate your access to and use of the Services, at our sole discretion, at any time and without notice to you, and we may delete or deactivate your Wallet and all related information and files, if you breach any terms of this Agreement.

(b)                 We may terminate your access to and use of the Services, at any time, due to insolvency, bankruptcy , or termination or removal of the App by the App Provider .

(c)                  We may, in our sole discretion and without cost to you, with or without prior notice and at any time, modify or terminate, temporarily or permanently, any portion of our Services. You are solely responsible for storing, outside of the Services, a backup of any Wallet a ddress and private key pair that you maintain in your Wallet.

(d)                 Upon any cancellation, suspension or termination of the Services, your access to your NASCoins will depend on your access to your backup of your Wallet data including your Wallet address and private key. If you do not maintain a backup of your Wallet data outside of the Services, you acknowledge and agree that you may not be able to access the NASCoins associated with any Wallet a ddress maintained in your Wallet in the event of such cancellation, suspension or termination.

(e)                 Upon any cancellation, suspension or termination of the Services, the following Sections of this Agreement will survive: 8 to 12 , 13(d) , 13(e) , 14 to 19 .

  1. D isclaimers.

(a)                 YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED WALLET SERVICE INCLUDING, BUT NOT LIMITED TO, THE RISK OF FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTIONS, THE RISK OF MALICIOUS SOFTWARE INTRODUCTION, AND THE RISK THAT THIRD PARTIES MAY OBTAIN UNAUTHORIZED ACCESS TO INFORMATION STORED WITHIN YOUR WALLET, INCLUDING, BUT NOT LIMITED TO YOUR WALLET ADDRESS AND PRIVATE KEY. YOU ACCEPT AND ACKNOWLEDGE THAT COMPANY WILL NOT BE RESPONSIBLE FOR ANY COMMUNICATION FAILURES, DISRUPTIONS, ERRORS, DISTORTIONS OR DELAYS YOU MAY EXPERIENCE WHEN USING THE SERVICES, HOWEVER CAUSED.

(b)                 YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH UTILIZING ANY CRYPTOCURRENCY NETWORK, INCLUDING, BUT NOT LIMITED TO, THE RISK OF UNKNOWN VULNERABILITIES IN OR UNANTICIPATED CHANGES TO THE NETWORK PROTOCOL. YOU ACKNOWLEDGE AND ACCEPT THAT COMPANY HAS NO CONTROL OVER ANY CRYPTOCURRENCY NETWORK AND WILL NOT BE RESPONSIBLE FOR ANY HARM OCCURRING AS A RESULT OF SUCH RISKS.

(c)                  WE WILL USE REASONABLE EFFORTS TO VERIFY THE ACCURACY OF ANY INFORMATION PROVIDED BY THE SERVICES BUT WE MAKE NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, REGARDING THE CONTENTS OF THE SERVICES, INFORMATION AND FUNCTIONS MADE ACCESSIBLE THROUGH THE SERVICES, ANY HYPERLINKS TO THIRD PARTY WEBSITES, OR THE SECURITY ASSOCIATED WITH THE TRANSMISSION OF INFORMATION THROUGH THE SERVICES.

(d)                 WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKE NO RESPONSIBILITY FOR AND WILL NOT BE LIABLE TO YOU FOR ANY USE OF OUR SERVICES, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (A) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED ADDRESSES; (B) SERVER FAILURE; (C) CORRUPTED WALLET FILES; (D) UNAUTHORIZED ACCESS TO APPLICATIONS; OR (E) ANY UNAUTHORIZED THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTE FORCING OR OTHER MEANS OF ATTACK AGAINST THE SERVICES.

(e)                 WE MAKE NO WARRANTY THAT THE SERVICES INCLUDING THE SERVER THAT MAKES THE SERVICES AVAILABLE, ARE FREE OF VIRUSES OR ERRORS, THAT ITS CONTENT IS ACCURATE, THAT IT WILL BE UNINTERRUPTED, OR THAT DEFECTS WILL BE CORRECTED. WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS OF ANY KIND, FROM ACTION TAKEN, OR TAKEN IN RELIANCE ON MATERIAL, OR INFORMATION, CONTAINED OR MADE AVAILABLE THROUGH THE SERVICES.

(f)                   THE SERVICES ARE PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WE EXPLICITLY DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. We make no warranty that the Services will meet your requirements or be available on an uninterrupted, secure, or error-free basis. We make no warranty regarding the quality, accuracy, timeliness, truthfulness, completeness or reliability of any Content.

  1. Indemnity. You will indemnify and hold harmless Company and its officers, directors, employees and agents, from and against any claims, disputes, demands, liabilities, damages, losses, and costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (i) your access to or use of the Services, (ii) your User Content, or (iii) your violation of these Terms.
  2. Limitation of Liability.

(a)                 NEITHER COMPANY NOR ANY OTHER PARTY INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT COMPANY OR ANY OTHER PARTY HAS BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU.

(b)                 IN NO EVENT WILL COMPANY’S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED ONE HUNDRED DOLLARS ($100).

(c)                  THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN COMPANY AND YOU.

  1. Governing Law and Forum Choice.

(a)                 If you are domiciled in and/or access, download and use our Services in the People’s Republic of China (the “ PRC Residents ”), the Terms and any action related thereto will be governed by and construed in accordance with laws of the People’s Republic of China.

(b)                 For users of our Services who are not PRC Residents (the “ Non-PRC Residents ”), these Terms and any action related thereto will be governed by the Federal Arbitration Act, federal arbitration law, and the laws of the State of California, without regard to its conflict of laws provisions. Except as otherwise expressly set forth in Section 18 , “Dispute Resolution for Non-PRC Residents,” for Non-PRC Residents, the exclusive jurisdiction for all Disputes (defined below) that you and Company are not required to arbitrate will be the state and federal courts located in the Northern District of California, and you and Company each waive any objection to jurisdiction and venue in such courts.

  1. D ispute Resolution for Non-PRC Residents. Company believes that most disagreements can be resolved informally and efficiently by contacting Company’s customer support. If you are a Non-PRC Resident and the dispute is not resolved through Company customer support, you and Company agree that any such dispute, claim or controversy arising out of or relating in any way to the Services or this Agreement (each, a “ Claim ”), shall be determined by binding arbitration or small claims court, instead of in courts of general jurisdiction, in accordance with the following ( including the procedure to opt out of arbitration) :  

(a)                 Arbitration : Arbitration is more informal than a lawsuit in court.   Arbitration uses a neutral arbitrator instead of a judge or jury, allows for more limited discovery than in court, and is subject to very limited review by courts. Arbitrators can award the same damages and relief that a court can award.   You agree that, by agreeing to th ese Terms , the U.S. Federal Arbitration Act governs the interpretation and enforcement of this arbitration provision, and that you and Company are each waiving the right to a trial by jury or to participate in a class action.   This arbitration provision shall survive termination of th ese Terms .

(i)                   Opt-out . Y ou may right to opt out of arbitration entirely and litigate any Claim if you provide us with written notice of your desire to do so by email at [email protected] within thirty (30) days following the date you first agree to these Terms .

(ii)                  Notice of Claim : If you elect to seek arbitration, you must first send to Company , by certified mail, a written Notice of your Claim (" Notice of Claim ").   The Notice of Claim to Company should be sent by email at [email protected] and should be prominently captioned “NOTICE OF CLAIM”.   The Notice of Claim should include both the mailing address and email address you would like Company to use to contact you. If Company elects to seek arbitration, it will send, by certified mail, a written Notice of Claim to your billing address on file. A Notice of Claim, whether sent by you or by Company , must (a) describe the nature and basis of the claim or dispute; (b) set forth the specific amount of damages or other relief sought (" Demand "); and (c) whether you reject any subsequent modification of the Dispute Resolution section by Company (see Section 18(a)(viii) ).  

(iii)                Arbitration Proceedings : If you and Company do not reach an agreement to resolve the claim within thirty (30) days after the Notice of Claim is received, you or Company may commence an arbitration proceeding (or, alternatively, file a claim in small claims court).   You may download or copy a form of notice and a form to initiate arbitration at www.adr.org .   The arbitration will be governed by the Consumer or Commercial Arbitration Rules, as appropriate, of the American Arbitration Association (" AAA ") (collectively, the " AAA Rules "), as modified by th ese Terms , and will be administered by the AAA.   The AAA Rules and Forms are available online at www.adr.org .   The arbitrator is bound by the terms of this Agreement.   All issues are for the arbitrator to decide, including issues relating to the scope and enforceability of this arbitration provision .  

(iv)               Unless Company and you agree otherwise, any arbitration hearings will take place in the county (or parish) of either your residence or of the mailing address you provided in your Notice of Claim.   If your claim is for U.S. $10,000 or less, Company agrees that you may choose whether the arbitration will be conducted solely on the basis of documents submitted to the arbitrator, through a telephonic hearing, or by an in-person hearing as established by the AAA Rules.   If your claim exceeds U.S. $10,000, the right to a hearing will be determined by the AAA Rules.   Regardless of the manner in which the arbitration is conducted, the arbitrator shall issue a reasoned written decision sufficient to explain the essential findings and conclusions on which the award is based .

(v)                  Injunctive and Declaratory Relief : Except as set forth in Section 18(b) , the arbitrator shall determine all issues of liability on the merits of any claim asserted by you or Company , and may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party's individual claim. To the extent that you or Company prevail on a claim and seek public injunctive relief (that is, injunctive relief that has the primary purpose and effect of prohibiting unlawful acts that threaten future injury to the general public), the entitlement to and extent of such relief must be litigated in a civil court of competent jurisdiction and not in arbitration. The parties agree that litigation of any issues of public injunctive relief shall be stayed pending the outcome of the merits of any individual claims in arbitration.

(vi)                Arbitration Fees : If your claim for damages does not exceed $10,000, Company will pay all fees imposed by the AAA to conduct the arbitration, including reimbursement of your initial filing fee, unless the arbitrator finds that either the substance of your claim or the relief sought in your Demand for Arbitration was frivolous or was brought for an improper purpose (as measured by the standards set forth in Federal Rule of Civil Procedure 11(b)). If your claim for damages exceeds $10,000, standard AAA Rules will govern the payment of all AAA fees, including filing, administration and arbitrator fees.

(vii)              Class Action Waiver : YOU AND COMPANY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.   Further, if you have elected arbitration, unless both you and Company agree otherwise, the arbitrator may not consolidate more than one person's claims with your claims, and may not otherwise preside over any form of a representative or class proceeding.   If this specific provision is found to be unenforceable, then the entirety of this Dispute Resolution section shall be null and void.

(viii)             Modification of Dispute Resolution Section : Notwithstanding Section 3 , if Company changes this “Dispute Resolution for Non-PRC Residents” section after the date you first accepted this Agreement, and you have not otherwise affirmatively agreed to such changes, you may reject any such change by so stating within your Notice of Claim. By failing to reject any changes to this “Dispute Resolution for Non-PRC Residents” section in your Notice of Claim, you agree to resolve any Claim between you and Company in accordance with the terms of the Dispute Resolution section in effect as of the date of your Notice of Claim.

(ix)                Severability :   With the exception of any of the provisions in Section 18(a)(vii) of this Agreement (Class Action Waiver), if an arbitrator or court of competent jurisdiction decides that any part of this Agreement is invalid or unenforceable, the other parts of this Agreement shall still apply.

(b)                 Small Claims Court : Notwithstanding Section 18(a) , you may elect to litigate your Claim in small claims court if all the requirements of the small claims court are satisfied, including any limitations on jurisdiction and the amount at issue in the dispute. You agree to bring a Claim in small claims court in your county of residence.

 

  1. General Terms.

(a)                 Entire Agreement . These Terms constitute the entire and exclusive understanding and agreement between Company and you regarding the Services, and these Terms supersede and replace any and all prior oral or written understandings or agreements between Company and you regarding the Services. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. You may not assign or transfer these Terms, by operation of law or otherwise, without Company’s prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null. Company may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.

(b)                 Notices . Any notices or other communications provided by Company under these Terms, including those regarding modifications to these Terms, will be given: (i)   via email; or (ii)   by posting to the Services. For notices made by e-mail, the date of receipt will be deemed the date on which such notice is transmitted.

(c)                  Waiver of Rights . Company’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of Company . Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.

  1. Contact Information. If you have any questions about these Terms or the Services, please contact Company a t [email protected] .