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Truebit Terms of Use

Last modified: November 12, 2025

Acceptance of the Terms of Use

These terms of use are entered into by and between you and Truebit Co. (“Company”, “we” or “us”). The following terms and conditions, together with any documents they expressly incorporate by reference, including our Privacy Policy  (collectively, these “Terms of Use”), govern your access to and use of the Truebit Protocol, our command line interface, and/or or any other software or protocols that we may make available, including smart contracts (the foregoing, collectively, the “Protocol”), our verification platform (the “Platform”), your use or trading of our native digital assets (the “TRU Token”), any software development kits, application programming interfaces, and other software or tools we may make available in connection with the Protocol to allow such select users to create integrations with the Protocol, as well as any software made available by Company to enable users to operate as Node Providers (collectively, the “Developer Tools”), when you visit our website available at www.truebit.io (the “Website”), including any content, functionality, and services offered on or through the Website, and when you contact our customer service team, or otherwise interact with us (all of the foregoing referred to herein collectively as the “Interactions”), and any other related services, content and features, including those enabling you to act as a Node Provider (all of the foregoing, collectively, the “Services”).

 

 

If the user engages with the Services under authority from a different party or on another party’s behalf, then “you” (and its variants, including “your” and “yours”) as used herein refers to the person on whose behalf the Services are used (e.g., an employer). If the person engaging with the Services is an individual, acting in their own individual capacity, then “you” refers to that individual. If you have anyone using the Services on your behalf, you agree that you are responsible for the actions and inactions of all such persons as if they were your own.

 

 

Please read the Terms of Use carefully before you start to use the Services. By using the Services or by clicking to accept or agree to these Terms of Use when this option is made available to you, you accept and agree to be bound and abide by these Terms of Use, including our Privacy Policy, which is incorporated herein by reference. If you do not want to agree to these Terms of Use or any part thereof, you must not access or use the Services.

 

 

Restricted Persons and Jurisdictions

 

THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN ANY RESTRICTED JURISDICTION OR COUNTRY SUBJECT TO ANY SANCTIONS OR RESTRICTIONS PURSUANT TO ANY APPLICABLE LAW, INCLUDING THE CRIMEA REGION, CUBA, IRAN, NORTH KOREA, SYRIA, RUSSIA, OR ANY OTHER COUNTRY TO WHICH THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION OR ANY OTHER JURISDICTION EMBARGOES GOODS OR IMPOSES SIMILAR SANCTIONS, OR ANY JURISDICTIONS IN WHICH THE TRANSACTING OF CRYPTOCURRENCIES IS PROHIBITED OR RESTRICTED IN ANY FORM OR MANNER  (COLLECTIVELY, THE “RESTRICTED JURISDICTIONS” AND EACH A “RESTRICTED JURISDICTION”), OR ANY PERSON OWNED, CONTROLLED, LOCATED IN OR ORGANIZED UNDER THE LAWS OF ANY RESTRICTED JURISDICTION OR AFFILIATED WITH ANY SUCH PERSON, ANY PERSON LISTED ON ANY SANCTIONS LIST MAINTAINED BY THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION OR ANY OTHER JURISDICTION, OR A RESIDENT OF OR LOCATED IN ANY COUNTRY OR JURISDICTION THAT RESTRICTS ACCESS TO OR PROHIBITS USE OF DIGITAL ASSETS OR CRYPTO CURRENCIES (COLLECTIVELY, “RESTRICTED PERSONS”). THERE ARE NO EXCEPTIONS. IF YOU ARE A RESTRICTED PERSON OR LOCATED IN A RESTRICTED JURISDICTION, THEN DO NOT USE OR ATTEMPT TO USE THE SERVICES. USE OF ANY TECHNOLOGY OR MECHANISM, SUCH AS A VIRTUAL PRIVATE NETWORK, TO CIRCUMVENT OR ATTEMPT TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS STRICTLY PROHIBITED.

 

BY USING THE SERVICES, YOU REPRESENT THAT (A) YOU ARE NOT A RESTRICTED PERSON; AND (B) YOU (INCLUDING, IF APPLICABLE, YOUR INDIVIDUAL OWNERS, REPRESENTATIVES, EMPLOYEES, OR ANY OTHER PERSON WITH ACCESS TO YOUR ACCOUNT) WILL NOT COORDINATE, CONDUCT OR CONTROL (INCLUDING BY, IN SUBSTANCE OR EFFECT, MAKING DECISIONS WITH RESPECT TO) YOUR USE OF THE SERVICES FROM WITHIN ANY RESTRICTED JURISDICTION.

 

THE EXISTENCE OR ABSENCE OF ANY GEOGRAPHIC OR IP RESTRICTIONS ON ACCESS TO THE SERVICES DOES NOT CONSTITUTE A STATEMENT BY COMPANY REGARDING THE LEGALITY OF YOUR USE OF THE SERVICES IN ANY JURISDICTION, AND YOU REMAIN SOLELY RESPONSIBLE FOR ENSURING YOUR COMPLIANCE WITH ALL APPLICABLE LAWS.

 

YOU ACKNOWLEDGE, UNDERSTAND AND AGREE THAT YOU ARE NOT PERMITTED TO MODIFY, DISASSEMBLE, DECOMPILE, ADAPT, ALTER, TRANSLATE, REVERSE ENGINEER OR CREATE DERIVATIVE WORKS OF THE SERVICES TO MAKE THEM AVAILABLE TO ANY RESTRICTED PERSON OR IN ANY RESTRICTED JURISDICTION.

 

NEITHER WE NOR OUR SERVICE PROVIDERS ARE RESPONSIBLE FOR ANY ACTIVITIES THAT YOU ENGAGE IN WHEN USING ANY ONLINE SERVICES OR BLOCKCHAIN TECHNOLOGIES NOT PROVIDED BY US.

 

The Services are offered and available to users who are 18 years of age or older. By using the Services, you represent and warrant that you are of legal age to form a binding contract with Company and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Services.

Changes to the Terms of Use

We may revise and update these Terms of Use from time to time in our sole discretion. All changes are effective immediately when we post them and apply to all access to and use of the Services thereafter. However, any changes to the dispute resolution provisions set out in the Governing Law and Jurisdiction and Arbitration sections below will not apply to any disputes for which the parties have actual notice on or before the date the change is posted on the Services.

 

Your continued use of the Services following the posting of revised Terms of Use means that you accept and agree to the changes. You are expected to check this page each time you use the Services, so you are aware of any changes, as they are binding on you.

Accessing the Services and Account Security

We reserve the right to withdraw or amend the Services, and any service or materials available thereon or therethrough, in our sole discretion without notice. We will not be liable if for any reason all or any part of the Services are unavailable at any time or for any period. From time to time, we may also restrict access to some parts of the Services, or third-party content on the Services, or the entire Services, to users, including registered users, in our discretion.

 

You are responsible for:

  • Making all arrangements necessary for you to have access to the Services.
  • Ensuring that all persons who access the Services on your behalf or through your internet connection are aware of these Terms of Use and comply with them.
 

To access or use the Services or some of the resources they offer, you may be asked to provide certain registration details or other information, and you may be required to connect your digital wallet. You represent and warrant that you have permission to connect this digital wallet and use the funds therein. You are responsible for the use of your funds once you connect your wallet, and for any actions of anyone who uses your digital wallet credentials to log into and use the Services.

 

You agree to notify us immediately of any unauthorized access to or use of your username, password, wallet address, or any other breach of security. You should use particular caution when accessing your account from a public or shared computer so that others are not able to view or record your seed phrase, keys, password, or other sensitive information.

 

It is a condition of your use of the Services that all the information you provide on the Services is correct, current, and complete. You agree that all information you provide to register with the Services or otherwise, including but not limited to through the use of any interactive features on the Services, is governed by our Privacy Policy, and you consent to all actions we take with respect to your information consistent with our Privacy Policy.

 

We have the right to disable any username, password, wallet address, or other identifier, whether chosen by you or provided by us, at any time in our sole discretion for any or no reason, including if, in our opinion, you have violated any provision of these Terms of Use or if you engage in any activities that result in non-payment of subscription fees, such as chargebacks or refusal by your chosen payment method to send fees when due.

 

You understand that your content may be transferred unencrypted and involve (a) transmissions over various networks; (b) posting of your transactions on the blockchain, which is available for the public to see; and (c) changes to conform and adapt to technical requirements of connecting networks or devices.

 

We are not responsible for securing your seed phrase or keys if you lose them, if someone steals them from you, or if someone obtains access to them somehow (whether in transit to you, or from your systems or networks, or because you otherwise misplaced them or disclosed them). You acknowledge that if someone has your keys or seed phrase, they have the ability to transfer your digital assets outside your control, and that you may be unable to trade or make use of them. It is your responsibility to establish a means for recovering your seed phrase and keys. We do not have access to or store your keys or seed phrases, so we cannot assist you in recovering your seed phrases, keys, or digital assets if they are lost or stolen, or if the backup or security measures that you have established are compromised.

 

You also understand that certain components of our infrastructure are decentralized, and that some or all of the hardware that hosts the Protocol’s decentralized infrastructure is provided by individuals who provide their own hardware for this purpose (the Node Providers, as defined below). You acknowledge and accept the risk that Node Providers are not under Company’s control, and may act independently (or fail to act in a manner you might prefer or expect).

 

WE DISCLAIM ANY AND ALL RESPONSIBILITY AND LIABILITY FOR ANY ACTION OR INACTION OF NODE PROVIDERS. WE DO NOT UNDERTAKE TO REVIEW, CONFIRM THE ACCURACY, EFFECTIVENESS, COMPATIBILITY, OR SECURITY OF, OR OTHERWISE MONITOR ANY CONDUCT OF THE NODE PROVIDERS OR THE STATE OF THEIR EQUIPMENT. WE HAVE NO LIABILITY FOR, AND HEREBY DISCLAIM ANY AND ALL WARRANTIES RELATING TO, THE CONDUCT OF NODE PROVIDERS OR THEIR EQUIPMENT.

 

Protocol

 

We make available our Protocol, on which individuals can perform various tasks, and receive TRU Tokens as rewards.  No award is guaranteed, and we issue such TRU Tokens at our discretion.  We may also decide to cease issuing TRU Tokens, change the software which issues and controls them, or disable them at any time.  You acknowledge and agree that you accept this risk. 

 

Platform

 

We may, in our discretion, impose fees for access to or use of the Platform, including through subscriptions.  Such fees shall be described on our Website, and may change from time to time in our discretion. 

 

The timing, duration, and amount of each subscription depend on the plan you select, which will be specified on the Website. Subscription offerings vary, so you should carefully review and understand the terms applicable to your selected plan before initiating a subscription. If your subscription plan includes an auto-renewal feature, you must cancel your subscription before the renewal date if you do not wish to continue using the applicable Service. Cancellation will take effect at the end of your then-current subscription period, and after you tell us of your desire to terminate a subscription, you will continue to have access to the Services until that period expires.

 

All subscription payments are non-refundable and non-creditable, and no chargebacks, refunds, or partial credits will be issued for any reason, including for unused portions of a subscription period or for early cancellation. It is your sole responsibility to manage and cancel your subscription in accordance with all applicable terms (whether these Terms of Use or those imposed by third-party platforms or developers). We have no responsibility for managing your subscriptions or notifying you of the applicable terms or renewal dates.

 

TRU Tokens

 

Company may, from time to time, issue, distribute, or otherwise make available the TRU Token for your use. The TRU Token is intended solely to facilitate certain functionality within the Services or the Protocol and does not represent or confer any ownership interest, right to profits, equity, or governance participation in Company or any other entity. The TRU Token may fluctuate in price and value, which may be volatile or unpredictable, and you acknowledge and agree that Company does not guarantee, represent, or warrant the current or future value, liquidity, availability, or marketability of the TRU Token. Company does not control secondary markets for the TRU Token and does not guarantee that any market for the TRU Token will exist or remain available at any time. You further acknowledge that you bear all risk of loss associated with acquiring, holding, and/or using the TRU Token.

 

Trading TRU Tokens may be possible in secondary markets, and Node Operators may be paid in TRU Tokens at our discretion. 

 

We may at our sole discretion, but do not undertake the obligation to, accept TRU Tokens as payment for subscriptions and other Platform fees. The acceptance and terms of TRU token payments may be changed or withdrawn at any time with or without notice.

 

Please note that trading in digital assets can carry fees which can be unpredictable.  Fee amounts and structures may change at any time without prior notice, and the precise fee applicable to a particular transaction may not be disclosed in advance. Third party protocols, blockchain networks, or service providers, including payment processors, wallet providers, and network validators, may impose additional fees, such as gas or transaction fees, which are your sole responsibility and may not be disclosed to you up front.

 

Developer Tools

 

Company makes available to certain users access to the Developer Tools. You may use the Developer Tools solely to build, integrate, or operate software applications, products, or services that interact or interoperate with the Protocol, and in accordance with these Terms of Use and any applicable documentation, as may be updated by Company from time to time in its sole discretion. Subject to and conditioned on your compliance with these Terms of Use, Company hereby grants you a limited, revocable, limited, non-exclusive, non-transferable, and non-sublicensable license to use the Developer Tools solely for your internal business purposes in connection with developing, testing, and maintaining integrations or applications that communicate with the Protocol (each, an “Application”). Company reserves all rights not expressly granted herein.

 

The Developer Tools may include smart contracts or other self-executing code that, once deployed or invoked, may be irreversible. You are solely responsible for reviewing, auditing, and testing any such code prior to use or deployment. Company has no obligation to provide support or maintenance for the Developer Tools and may update, modify, or discontinue them at any time in its sole discretion (each, an “Update”). Updates may affect the manner in which your Application interacts with the Protocol, and you are solely responsible for ensuring continued compatibility following any Update. Certain components of the Developer Tools may be made available under separate open source licenses. To the extent of any conflict between these Terms of Use and an applicable open source license, the open source license will control with respect to the relevant component. You are responsible for complying with all attribution, notice, and other obligations under any such license.

User-Provided Code Contributors

You may have the ability to upload new code that you develop (“User-Provided Code”) to be used in connection with some of the Services.

 

You also acknowledge and agree that you will provide users of your User-Provided Code all applicable terms and restrictions on use of the User-Provided Code, and notify them of all data that you will process through the User-Provide Code or as a result of its use by users (e.g., a privacy notice).

 

By uploading User-Provided Code to the Services:

  • You hereby grant us a perpetual, irrevocable, worldwide, transferable, sublicensable, fully paid up, and royalty free right and license to reproduce, prepare derivative works of, distribute, perform, publicly display, and use User-Provided Code for any purpose associated with the Services.
  • You hereby grant other users a limited, worldwide, non-transferable, non-sublicensable, fully paid up, and royalty free right and license to use the User-Provided Code that you have created in connection with the Services. Other users do not have the right to copy or modify your User-Provided Code.
  • You represent and warrant that:
  • User-Provided Code is your original work product.
  • You have all rights and authority required to grant the licenses granted herein.
  • User-Provided Code, and our and other users’ use thereof, will not infringe, misappropriate, or violate any third-party rights, including intellectual property, proprietary, publicity, or privacy rights.
  • User-Provided Code will be free from any viruses, Trojan horses, worms, logic bombs, or other material that is malicious or technologically harmful.
  • User-Provided Code will function in accordance with the specifications you provide or make available, including when interacting or interoperating with the Services, if applicable.
  • All notices you provide to users of your User-Provided Code contain all necessary notices in compliance with all appliable laws, and such notices are accurate and complete in all respects.
 

Except for User-Provided Code, if any, the Services and their entire contents, features, and functionality (including but not limited to all information, smart contracts or other software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof), are owned by Company, its licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.

 

You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on the Services.

Node Providers

If you elect to do so, you may cause your computing devices to become part of the Protocol’s distributed infrastructure (you will then be referred to herein as a “Node Provider”). In order to serve as a Node Provider, you will need to download certain Developer Tools. We hereby grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to use the Developer Tools that we may make available to you for the sole purpose of serving as a Node Provider. By engaging in any activity as a Node Provider, you automatically authorize us to use your devices and hardware as part of the Protocol’s distributed infrastructure. We may, in our sole discretion and at any time without notice, grant, deny, or revoke your role as a Node Provider.

 

Fees

 

Certain parts of the Services may be available only through a paid subscription. When you sign up for a subscription to a part of the Services, you acknowledge and agree that we have the authority to charge your selected payment method for the applicable subscription fee, as well as any applicable taxes or payment processing fees, on a recurring basis until you cancel your subscription as described below. All fees are stated and payable in U.S. dollars, unless otherwise specified.

 

Your subscription will automatically renew at the end of each billing period (for example, monthly or annually, depending on your selection at sign-up) at the then-current rate, unless you cancel before the renewal date. You will be charged the applicable renewal fee using the payment method you provided, unless you update or cancel your payment information in your account.

 

By completing your subscription purchase, you (a) acknowledge that your subscription has recurring payment features, (b) authorize us to charge you on a recurring basis for your selected plan, and (c) accept that your subscription will renew automatically until you cancel. You further agree that we may send you confirmation and renewal notices electronically.

For subscriptions with a term of one year or longer, or any free trial lasting more than 31 days, we will send you a renewal reminder notice at least 30 days before renewal stating the renewal date, renewal fee, and instructions for canceling prior to renewal.

 

You may cancel your subscription at any time by following the cancellation instructions in your account settings or by contacting us at hello@truebit.io. If you cancel, your subscription will remain active until the end of the then-current billing period, and you will not be charged thereafter. We do not offer partial refunds for unused portions of a billing period unless required by law.

 

We may change our subscription fees or introduce new charges from time to time. Any fee changes will apply at the start of your next billing period, provided that we give you reasonable advance notice (at least 30 days for annual plans, or as otherwise required by law). Your continued use of the Services after the effective date of the fee change constitutes your consent to the new fees.

Depending on how you pay fees for use of the Services, we may incur a fee to a third-party payment processor.  In addition to any other rights we have herein with respect to fee increases, we hereby reserve the right to amend our fees at any time in our discretion to adjust for payment processing fees.

 

 

Intellectual Property Rights 

 

The Services and their entire contents, features, and functionality (including but not limited to all information, software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof), are owned by Company, its licensors, or other providers of such material and are protected by copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. 

 

You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Services, except as follows:

  • You may store files that are automatically cached by your Web browser for display enhancement purposes.
  • You may print or download one copy of a reasonable number of pages of the Services for your own personal, non-commercial use and not for further reproduction, publication, or distribution.
  • If we provide desktop, mobile, or other applications for download, you may download a single copy to your computer or mobile device solely for your own personal, non-commercial use, provided you agree to be bound by our end user license agreement for such applications.
  • If we provide social media features with certain content, you may take such actions as are enabled by such features.
 

You must not:

  • Modify copies of any materials from the Services.
  • Use any illustrations, photographs, video or audio sequences, or any graphics separately from the accompanying text.
  • Delete or alter any copyright, trademark, or other proprietary rights notices from copies of materials from these Services.
 

If you print, copy, modify, download, or otherwise use or provide any other person with access to any part of the Services in breach of these Terms of Use, your right to use the Services will stop immediately and you must, at our option, return or destroy any copies of the materials you have made.

 

No right, title, or interest in or to the Services or any content on the Services is transferred to you, and all rights not expressly granted are reserved by Company. Any use of the Services not expressly permitted by these Terms of Use is a breach of these Terms of Use and may violate copyright, trademark, and other laws.

 

You hereby grant us a non-exclusive, sublicensable, transferable right and license to process all data and inputs you include or use in connection with the Services, including to help us improve the Services. 

Trademarks

Company’s name, the term TRUEBIT, Company’s logos, and all related names, logos, product and service names, designs, and slogans are trademarks of Company or its affiliates or licensors. You must not use such marks without the prior written permission of Company. All other names, logos, product and service names, designs, and slogans on the Services are the trademarks of their respective owners.

 

Company may include your name and/or logo in customer-lists in its marketing materials, proposals, website or other promotional media (including on a non-confidential basis). Subject to the terms set forth herein, you hereby grant Company a non-exclusive, transferable, sublicensable, royalty-free, fully paid-up, worldwide, revocable license to use your name and/or logo (and any associated trademarks you control) in the Company’s marketing materials, customer lists, proposals, website or other promotional media. You may opt out of such use at any time by providing written notice to Company at hello@truebit.io.

Prohibited Uses

You may use the Services only for lawful purposes and in accordance with these Terms of Use. You agree not to use the Services:

  • In any way that violates any applicable law or regulation (including, without limitation, any laws regarding the export of data or software to and from one jurisdiction to another).
  • For the purpose of exploiting, harming, or attempting to exploit or harm minors in any way by exposing them to inappropriate content, asking for personally identifiable information, or otherwise.
  • To send, knowingly receive, upload, download, use, or re-use any material that does not comply with the Content Standards set out in these Terms of Use.
  • To transmit, or procure the sending of, any advertising or promotional material without our prior written consent, including any “junk mail,” “chain letter,” “spam,” or any other similar solicitation.
  • To impersonate or attempt to impersonate Company, a Company employee, another user, or any other person or entity (including, without limitation, by using email addresses or screen names associated with any of the foregoing).
  • To engage in any other conduct that restricts or inhibits anyone’s use or enjoyment of the Services, or which, as determined by us, may harm Company or users of the Services or expose them to liability.

 

Additionally, you agree not to:

  • Use the Services in any manner that could disable, overburden, damage, or impair the site or interfere with any other party’s use of the Services, including their ability to engage in real time activities through the Services.
  • Use any content available on or via the Services, any portion thereof, or any output generated, for training any machine learning or artificial intelligence tool, software, or platform.
  • Use the Services in any manner that could disable, overburden, damage, or impair the site or interfere with any other party’s use of the Services, including their ability to engage in real time activities through the Services.
  • Use any robot, spider, or other automatic device, process, or means to access the Services for any purpose, including monitoring or copying any of the material on the Services, except with respect to the Protocol, as strictly necessary to download User-Provided Code.
  • Use any manual process to monitor or copy any of the material on the Services or for any other unauthorized purpose without our prior written consent.
  • Use any device, software, or routine that interferes with the proper working of the Services.
  • Introduce any viruses, Trojan horses, worms, logic bombs, or other material that is malicious or technologically harmful.
  • Attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Services, the server on which the Services are stored, or any server, computer, or database connected to the Services.
  • Copy, mirror or otherwise attempt to replicate or reproduce the Services, except with respect to the Protocol, for any such activities which are strictly necessary for you to serve as a Node Provider.
  • Attack the Services via a denial-of-service attack or a distributed denial-of-service attack.
  • Attempt to interfere with the proper working of the Services.
  • Engage in, promote, or facilitate money laundering, terrorist financing, sanctions evasion, or any other unlawful financial activity.
  • Violate or circumvent any legally imposed compliance measures implemented by Company.
  • Transact on behalf of, or for the benefit of, any Restricted Person or any person or entity located in a Restricted Jurisdiction.
  • Use the Services as a mixer, tumbler, anonymization tool, or any other mechanism to obscure or disguise the source or destination of digital assets.
  • Circumvent or attempt to circumvent any access controls, geo-blocking, or wallet restrictions implemented by Company, including by using virtual private networks, proxy servers, or false identifying information.
  • Create, promote, or interact with any digital assets relating to unlawful, deceptive, or harmful conduct, or to activities that would require Company to register or obtain a license under securities, derivatives, or gaming laws.
  • Engage in coordinated, collusive, or deceptive trading activity, including wash trading, spoofing, front-running, or any conduct intended to mislead or distort event results.
  • Use or attempt to use another user’s wallet or credentials without authorization or access the Services through unauthorized integrations or smart-contract calls.
  • Introduce, deploy, or interact with any smart contract or code designed to extract data or assets from other users or from the Services without consent.
  • Exploit or attempt to exploit any vulnerability, bug, or malfunction in the Services or any Application or digital assets for personal gain.
  • Use the Services for fundraising, staking pools, or token sales not expressly authorized by Company.
  • Collect, harvest, or attempt to collect wallet addresses, transaction data, or personal information from other users.
  • Attempt to deanonymize or re-identify any user or participant from blockchain data.
  • Provide false, inaccurate, or misleading information during registration, verification, or interaction with the Services.
  • Engage in any activity that, in Company’s sole judgment, poses a risk of legal liability, regulatory exposure, reputational harm, or disruption to the integrity or operation of the Services.
User Tasks

You may be able to perform tasks using the Services. As part of those tasks, such as when you use the Protocol, you may grant us access to application programming interfaces (“APIs”). You hereby grant us permission to access the systems and process any data available through the use of such APIs, using the credentials you provided to us in connection with your activities on the Services.

 

 

You represent and warrant that:

  • You own or control all rights in and to the credentials used to access the APIs;
  • You have the right to access and use the APIs and the data and content available through them, and to authorize us to do the same on your behalf; and
  • Use of the APIs or content/data available therethrough does and will comply with these Terms of Use.
 

You understand and acknowledge that you are responsible for any APIs and content/data available therethrough, and you, not Company, have fully responsibility for such content, including its legality, reliability, accuracy, and appropriateness.

Monitoring and Enforcement; Termination

We have the right to:

  • Remove or refuse to post any User-Provided Code for any or no reason in our sole discretion.
  • Take any action with respect to any API or the User-Provided Code that we deem necessary or appropriate in our sole discretion, including if we believe that such materials violate the Terms of Use, including the Content Standards set forth below, infringes any intellectual property right or other right of any person or entity, threatens the personal safety of users of the Services or the public, or could create liability for Company.
  • Disclose your identity or other information about you to any third party who claims that material posted by you or that you use in connection with the Services violates their rights, including their intellectual property rights or their right to privacy.
  • Take appropriate legal action, including without limitation, referral to law enforcement, for any action we believe is illegal or constitutes unauthorized use of the Services.
  • Terminate or suspend your access to all or part of the Services for any or no reason, including if we believe you have engaged in any violation of these Terms of Use, if we think your use of the Services creates a risk to the Services or to other users, if we believe your use of the Services presents legal repercussions to us or the Indemnified Parties, or if you fail to pay any fees due hereunder (including if there are chargebacks).

 

Without limiting the foregoing, we have the right to fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity or other information of anyone posting any materials on or through the Services.

 

The Services may include content provided by third parties, including materials provided by other users, code providers, bloggers, and third-party licensors, syndicators, aggregators, and/or reporting services. However, we do not undertake to review any material before it is posted on the Services, and cannot ensure prompt removal of objectionable material after it has been posted. All statements and/or opinions expressed in these materials, and all articles and responses to questions and other content, other than the content provided by Company, are solely the opinions and the responsibility of the person or entity providing those materials. Accordingly, we assume no liability or responsibility for any transmissions, communications, or materials provided by any user or third party, or the contents or accuracy of same.

Copyright Policy

We take claims of copyright infringement seriously. We will respond to notices of alleged copyright infringement that comply with applicable law. If you believe any materials accessible on or from the Services infringe your copyright, you may request removal of those materials (or access to them) from the Services by submitting written notification to our copyright agent (designated below). However, on-chain materials may not be removable. YOU ACKNOWLEDGE AND UNDERSTAND THAT, DUE TO THE NATURE OF THE BLOCKCHAIN, WE MAY BE UNABLE TO REMOVE CERTAIN CONTENT.

 

In accordance with the Online Copyright Infringement Liability Limitation Act of the Digital Millennium Copyright Act (17 U.S.C. § 512) (“DMCA”), the written notice (the “DMCA Notice”) must include substantially the following:

  • Your physical or electronic signature.
  • Identification of the copyrighted work you believe to have been infringed or, if the claim involves multiple works on the Services, a representative list of such works.
  • Identification of the material you believe to be infringing in a sufficiently precise manner to allow us to locate that material.
  • Adequate information by which we can contact you (including your name, postal address, telephone number, and, if available, email address).
  • A statement that you have a good faith belief that use of the copyrighted material is not authorized by the copyright owner, its agent, or the law.
  • A statement that the information in the written notice is accurate.
  • A statement, under penalty of perjury, that you are authorized to act on behalf of the copyright owner.
Our designated Copyright Agent to receive DMCA Notices is:

Truebit Compliance Department
Truebit Co.
318 Half Day Road, Suite 350
Buffalo Grove, IL 60089
Email: trademarks@truebit.io

If you fail to comply with all the requirements of Section 512(c)(3) of the DMCA, your DMCA Notice will not be effective. In addition, if you request the removal of content which cannot be removed due to the nature of the blockchain, we will not be able to act on your request.

 

Please be aware that if you knowingly materially misrepresent that material or activity on the Services is infringing your copyright, you may be held liable for damages (including costs and attorneys’ fees) under Section 512(f) of the DMCA.

Reliance on Information Posted

The information presented on or through the Services is made available solely for general information purposes. We do not warrant the accuracy, completeness, or usefulness of this information. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Services, or by anyone who may be informed of any of its contents.

 

 

The Services include content provided by third parties. All statements and/or opinions expressed in these materials, other than the content provided by Company, are solely the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of Company. We are not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.

 

 

WE DO NOT ENDORSE AND ARE NOT RESPONSIBLE OR LIABLE FOR ANY THIRD-PARTY MATERIALS, INCLUDING ANY APPLICATION, INFORMATION, PROTOCOLS, NETWORKS, INFRASTRUCTURE, RESOURCES, APPLICATIONS, DATA, CONTENT OR SERVICES, EVEN IF AVAILABLE ON, THROUGH, OR FROM THE SERVICES. WE HAVE NO RESPONSIBILITY FOR, NO CONTROL OVER, AND MAKE NO GUARANTEES WITH RESPECT TO, THE QUALITY, SECURITY, ACCURACY, RELIABILITY, OR UPTIME OF SUCH THIRD-PARTY MATERIALS.

 

 

Transaction Refusal and Suspected Fraud

 

If we believe that you have engaged in or been a participant in any fraudulent transaction, or any action that is unauthorized or illegal, we reserve the right to take any action we think appropriate, including refusing any transaction, to the extent possible, and forwarding your information and information about the applicable transactions to applicable law enforcement authorities. However, we do not undertake review of all transactions and are not responsible if any such fraud or illegal conduct occurs. You understand and agree that we are not involved in any actual transaction between users and does not influence or induce any party to enter into a transaction on the Services.

 

No Financial or Investment Advice

 

You understand that we do not act as your financial advisor, investment manager, arranger, introducer, or commodity trading advisor, or give you any investment advice of any kind with respect to any digital asset you choose to create, transact, or otherwise interact with, or use in connection with the Services. As with any activity involving digital assets, it is your responsibility and you are solely responsible for your decisions regarding how, when, and with whom you interact or transact through the Services. It is also your responsibility to ensure you understand digital assets, how they work, what their value is, and the risks involved in using or interacting with smart contracts, as there are significant risks in doing so, all of which you solely assume.

 

We may suspend or cancel your use of the Services for any reason, including if we believe you have engaged in or are about to engage in any kind of fraud, if required pursuant to applicable laws, or if you violate these Terms of Use. We may provide you with notice of suspension but do not undertake an obligation to do so.

 

You agree and understand that all decisions you make on the Services are made solely by you. You agree and understand that under no circumstances will the operation of our Services or your use of them be deemed to create a relationship that includes the provision of or tendering of investment advice. NO FINANCIAL, INVESTMENT, TAX, LEGAL, OR SECURITIES ADVICE IS GIVEN THROUGH OR IN CONNECTION WITH THE SERVICES. No content found on our Services, whether created by us, our service providers, our business partners, or another user, is or should be considered investment advice. You agree and understand that we accept no responsibility whatsoever for, and shall in no circumstances be liable in connection with, your decisions or your use of the Services.

 

Risks

 

You are solely responsible for any transactions or interactions you initiate on the Services, and for all fees that you may incur as a result of your use of the Services or digital assets. Digital assets may not be legal tender and may not be backed by any government. Digital assets may not be subject to government investor or funds protection programs. We are not a bank, and we have no fiduciary duty to you.

We make no guarantee as to the functionality, reliability, or continued availability of any Application, User-Provided Code, or blockchain network that may affect your ability to interact with or complete a transaction through the Services. Blockchain networks and smart contracts may be subject to bugs, delays, forks, vulnerabilities, or other operational issues that could cause you to lose access to your digital assets.

 

Digital assets and use of our Services may be subject to expropriation, theft, or unauthorized access. Hackers or other malicious actors may attempt to interfere with our Services or your use thereof in a variety of ways, including, but not limited to, use of malware, denial of service attacks, Sybil attacks, and spoofing.

 

We do not guarantee that our Services will be available without interruption. The information on our Services may not always be entirely accurate, complete, or current. Information on the Services may be changed or updated from time to time without notice, including information regarding our policies and the Services. Accordingly, you should verify all information before relying on it. ALL DECISIONS YOU MAKE BASED ON INFORMATION PROVIDED THROUGH THE SERVICES ARE YOUR SOLE RESPONSIBILITY.

You are solely responsible for ensuring that your access to and use of the Services, including use of any Application or digital asset, complies with all laws, regulations, and restrictions applicable to you and your jurisdiction.

 

WE WILL NOT BE LIABLE TO YOU UNDER ANY CIRCUMSTANCES IN CONNECTION WITH YOUR USE OF THE SERVICES, THE TRU TOKEN, OR YOUR USE OF ANY APPLICATION OR DIGITAL ASSET TRANSACTION. YOU HEREBY ACKNOWLEDGE AND AGREE THAT WE WILL HAVE NO RESPONSIBILITY OR LIABILITY FOR THE RISKS SET FORTH IN THIS SECTION.

 

WE DO NOT WARRANT THAT THE SERVICES WILL BE COMPATIBLE WITH YOUR HARDWARE, SOFTWARE, OR NETWORK CONFIGURATION, OR THAT THEY WILL FUNCTION WITHOUT INTERRUPTION OR ERROR ON ANY PARTICULAR DEVICE, OPERATING SYSTEM, OR CARRIER. YOU ARE SOLELY RESPONSIBLE FOR ENSURING THAT YOUR HARDWARE AND NETWORK MEET ALL TECHNICAL REQUIREMENTS FOR ACCESSING AND USING THE SERVICES.

 

YOU ACKNOWLEDGE THAT BLOCKCHAIN TECHNOLOGY IS SUBJECT TO RAPID CHANGE AND EVOLUTION, AND THAT FUTURE TECHNOLOGICAL DEVELOPMENTS, REGULATORY CHANGES, OR CYBERSECURITY EVENTS MAY IMPACT THE FUNCTIONALITY, SECURITY, OR VALUE OF DIGITAL ASSETS, SMART CONTRACTS, OR THE SERVICES THEMSELVES. COMPANY MAKES NO REPRESENTATION OR WARRANTY THAT THE SERVICES WILL REMAIN AVAILABLE OR COMPATIBLE WITH ANY FUTURE BLOCKCHAIN NETWORKS OR PROTOCOLS.

 

Taxes

 

You are solely responsible for determining and fulfilling any tax obligations that may arise from your use of the Services, including use of any Application and any transactions involving digital assets. You acknowledge and agree that it is your sole responsibility to understand what taxes you need to pay to each applicable taxing authority, to report such taxes and pay them, to the extent we did not include such due taxes in our invoices to you.  You understand that taxing authorities may initiate enforcement actions against you and us for failure to report and pay such taxes, and such enforcement shall be your responsibility.

 

Company does not provide tax advice and makes no representation as to the tax treatment of any transaction or digital asset activity. It is your responsibility to report and remit any taxes, duties, or similar assessments that may be imposed by any governmental authority, and to maintain accurate records as required by applicable law.

 

Confidentiality

 

Given the public and decentralized nature of the Protocol, the parties acknowledge that information published or recorded on the blockchain, made publicly available through the Services, or otherwise accessible to network participants is not confidential.

 

You also acknowledge and agree that any part of the Services which is not publicly available is confidential to Company, and you agree to maintain its secrecy through at least reasonable means. 

Changes to the Services

Company reserves the right to update, modify, or discontinue any aspect of the Services and their content at any time, with or without prior notice. While we strive to provide current information, we do not guarantee the completeness, accuracy, or timeliness of any material on the Services. You acknowledge and agree that Company is under no obligation to update such material. Furthermore, Company may remove any User-Provided Code from the Services at its sole discretion, without prior notice or liability.

Information About You and Your Visits to the Services

All information we collect on the Services is subject to our Privacy Policy. By using the Services, you consent to all actions taken by us with respect to your information in compliance with the Privacy Policy.

Linking to the Services

You may link to the Services, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval, or endorsement on our part. 

 

You must not:

  • Establish a link from any website that is not owned by you.
  • Cause the Services or portions of it to be displayed on, or appear to be displayed by, any website, for example, framing, deep linking, or in-line linking.
  • Otherwise take any action with respect to the materials on the Services that is inconsistent with any other provision of these Terms of Use.
 

You agree to cooperate with us in causing any unauthorized framing or linking immediately to stop. We reserve the right to withdraw linking permission without notice.

Links from the Services

If the Services contain links to other sites and resources provided by third parties (including other users), these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites linked to the Services, you do so entirely at your own risk and subject to the terms and conditions of use for such websites.

Disclaimer of Warranties and Limitation on Liability

You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the Services will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection, accuracy of data input and output, and for maintaining a means external to our Services for any reconstruction of any lost data. 

 

TO THE FULLEST EXTENT PROVIDED BY LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A DENIAL OF SERVICE ATTACK, DISTRIBUTED DENIAL-OF-SERVICE ATTACK, VIRUSES, OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA, OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES OR TO YOUR DOWNLOADING OF ANY MATERIAL POSTED ON IT, OR ON ANY WEBSITE LINKED TO IT.

 

YOUR USE OF THE SERVICES, THEIR CONTENT, CONTENT PROVIDED BY OTHER USERS, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES IS AT YOUR OWN RISK. THE SERVICES, THEIR CONTENT, CONTENT PROVIDED BY OTHER USERS, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS, STATUTORY, IMPLIED OR OTHERWISE. NEITHER COMPANY NOR ANY PERSON ASSOCIATED WITH COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE SERVICES.

 

WITHOUT LIMITING THE FOREGOING, NEITHER COMPANY NOR ANYONE ASSOCIATED WITH COMPANY REPRESENTS OR WARRANTS THAT THE SERVICES, THEIR CONTENT, CONTENT PROVIDED BY OTHER USERS, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT OUR SERVICES OR, WITH RESPECT TO THE PROTOCOL, THE EQUIPMENT USED BY THE NODE PROVIDERS THAT MAKE THE PROTOCOL AVAILABLE, ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.

 

TO THE FULLEST EXTENT PROVIDED BY LAW, COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE.

 

TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL THE INDEMNIFIED PARTIES BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SERVICES, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE SERVICES OR SUCH OTHER USERS, INCLUDING ANY APPLICATIONS, INCLUDING ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.

 

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL THE TOTAL LIABILITY OF COMPANY OR ANY OF THE INDEMNIFIED PARTIES HEREUNDER ARISING OUT OF OR RELATING TO THESE TERMS OF USE OR YOUR USE OF THE SERVICES EXCEED ONE HUNDRED U.S. DOLLARS (US$100).

THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

Indemnification and Hold Harmless

TO THE MAXIMUM EXTENT PERMITTED BY LAW, COMPANY SHALL HAVE NO LIABILITY FOR, AND YOU HEREBY RELEASE, WAIVE, AND HOLD HARMLESS COMPANY, ITS AFFILIATES, AND EACH OF THEIR RESPECTIVE LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, CONTRACTORS, OFFICERS AND DIRECTORS (COLLECTIVELY, THE “INDEMNIFIED PARTIES HARMLESS”) AND INDENMNIFY THE INDENMNIFIED PARTIES FROM AND AGAINST ANY AND ALL LOSSES, CLAIMS, LIABILITIES, DAMAGES, JUDGMENTS, AWARDS, DEMANDS, FEES, COSTS, AND EXPENSES, INCLUDING ATTORNEYS’ AND LEGAL FEES ARISING OUT OF OR RELATING TO: (A) YOUR USE OF, OR INABILITY TO USE, THE SERVICES, OR ANY PART THEREOF, INCLUDING ANY INTERFACES, OR DEVELOPER TOOLS PROVIDED BY COMPANY; (B) ANY SMART CONTRACTS, WHETHER DEPLOYED, CALLED, OR OTHERWISE INTERACTED WITH THROUGH THE SERVICES, INCLUDING ANY FAILURE OF SUCH SMART CONTRACTS OR OTHER CODE TO FUNCTION AS EXPECTED, OR ANY IRREVERSIBLE OR UNINTENDED EFFECTS; (C) YOUR RECEIPT, USE OR TRADING OF THE TRU TOKEN OR ANY FLUCTUATION IN ITS VALUE; (D) YOUR PURCHASE, COLLECTION, TRADING OR OTHER TRANSACTION RELATED TO ANY TOKENS OR OTHER DIGITAL ASSETS YOU CREATE, ISSUE, MINT, BURN, OR MANAGE THROUGH THE SERVICES OR THE PROTOCOL; (E) ANY TRANSACTIONS CONDUCTED THROUGH OR IN CONNECTION WITH THE SERVICES, INCLUDING ANY LOSS OF OR INABILITY TO ACCESS DIGITAL ASSETS, OR ANY FAILURE, DELAY, MALFUNCTION, OR INACCURACY OF ANY ASSOCIATED NETWORK, SMART CONTRACT, OR DATA FEED; (F) ANY INACCURACIES, DELAYS, ERRORS, OR OMISSIONS IN DATA DISPLAYED THROUGH THE SERVICES OR TOOLS PROVIDED BY COMPANY; (G) ANY MODIFICATION, SUSPENSION, OR DISCONTINUATION OF THE SERVICES OR ANY COMPONENT THEREOF FOR ANY REASON, INCLUDING IF WE INTENTIONALLY DISABLE YOUR ACCOUNT OR DIGITAL WALLET; (H) ANY ACTION OR INACTION OF ANY NODE PROVIDER, INCLUDING ANY DECISIONS REGARDING YOUR OR ANY OTHER USER’S ABILITY TO SERVE OR NOT SERVE AS A NODE PROVIDER; (I) YOUR LOSS OF CONTROL OVER OR COMPROMISE OF YOUR SEED PHRASE, PRIVATE KEYS, OR OTHER ACCESS CREDENTIALS; (J) YOUR DEVICES, HARDWARE, OR EQUIPMENT, INCLUDING ANY DAMAGE OR FAILURE RESULTING FROM YOUR SERVING OR ATTEMPTING TO SERVE AS A NODE PROVIDER; (K) ANY USER-PROVIDED CODE OR ANY THIRD PARTY’S USE, MODIFICATION, DISTRIBUTION, OR RELIANCE ON SUCH CODE; (L) ANY APPLICATION DEVELOPED, MADE AVAILABLE, OR USED IN CONNECTION WITH THE SERVICES, WHETHER YOUR OWN OR THOSE OF OTHER USERS; (M) ANY OPEN SOURCE COMPONENTS OR THIRD-PARTY CODE INCLUDED IN OR USED IN CONNECTION WITH THE SERVICES; (N) ANY ACTION OR INACTION TAKEN BY ANY OF THE INDEMNIFIED PARTIES, OR BY LAW ENFORCEMENT OR GOVERNMENT AUTHORITIES, DURING OR AS A CONSEQUENCE OF ANY INVESTIGATION OR WHEN SEEKING TO OBTAIN INFORMATION RELATED TO THE SERVICES OR OUR USERS; (O) ANY CLAIMS OF COPYRIGHT INFRINGEMENT OR OTHER INTELLECTUAL PROPERTY VIOLATIONS RELATING TO ANY ON-CHAIN MATERIALS OR USER-PROVIDED CONTENT; (P) YOUR FAILURE TO COMPLY WITH THESE TERMS OF USE, OR ANY APPLICABLE LAWS, REGULATIONS, OR THIRD-PARTY TERMS, INCLUDING THOSE RELATING TO SECURITIES, COMMODITIES, MONEY TRANSMISSION, SANCTIONS, CONSUMER PROTECTION, TAX, OR ADVERTISING; (Q) ANY FEES, WHETHER CHARGED BY COMPANY OR ANY THIRD PARTY, IN CONNECTION WITH YOUR USE OF THE SERVICES; (R) YOUR CONNECTION OF A DIGITAL WALLET TO THE SERVICES, INCLUDING WHETHER, WHEN, HOW AND WITH WHOM TO TRADE; (S) ANY DECISIONS YOU MAKE OR ACTIONS YOU TAKE BASED ON INFORMATION PROVIDED THROUGH THE SERVICES, OR YOUR USE OF, OR RELIANCE ON, ANY CONTENT, MATERIALS, APPLICATIONS, (T) LOSSES YOU SUFFER AS A RESULT OF YOUR TRADING, STAKING OR OTHERWISE ENGAGING IN TRANSACTIONS WITH DIGITAL ASSETS, INCLUDING TRU TOKENS; (U) ANY TAXES, DUTIES, OR GOVERNMENTAL CHARGES OF ANY KIND ARISING FROM YOUR USE OF THE SERVICES OR ANY APPLICATION, OR FROM ANY TRANSACTION INVOLVING DIGITAL ASSETS, INCLUDING YOUR FAILURE TO REPORT OR PAY SUCH TAXES TO THE APPROPRIATE TAXING AUTHORITIES; (V) ANY CHARGEBACKS ON YOUR ACCOUNT; (W) YOUR CONTENT OR INPUTS TO THE SERVICES; (X) TRANSMISSION OF YOU INFORMATION AND CONTENT OVER UNENCRYPTED COMMUNICATIONS LINES; (Y) ANY DISPUTES WITH OTHER USERS ARISING EITHER BY YOUR ACTION OR INACTION OR THEIRS; (Z) THE RISKS IDENTIFIED IN THESE TERMS OF USE PERTAINING TO DIGITAL ASSETS, AND ANY OTHER RISKS ASSOCIATED WITH USE OF THE SERVICES OR DIGITAL ASSETS.

Governing Law and Jurisdiction

All matters relating to the Services and these Terms of Use and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the internal laws of the State of Wyoming without giving effect to any choice or conflict of law provision or rule (whether of Wyoming or any other jurisdiction).

Any legal suit, action, or proceeding arising out of, or related to, these Terms of Use or the Services shall be instituted exclusively in the courts located in  Laramie County, Wyoming, although we retain the right to bring any suit, action, or proceeding against you for breach of these Terms of Use in your country of residence or any other relevant country. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.

Arbitration

At Company’s sole discretion, it may require you to submit any disputes arising under these Terms of Use, or in connection with your use of the Services, including disputes arising from or concerning their interpretation, violation, invalidity, non-performance, or termination, to final and binding arbitration administered by JAMS, in accordance with its Comprehensive Arbitration Rules and Procedures (the “Rules”) then in effect, applying the laws of the State of Wyoming. The arbitration shall be conducted in Laramie County, Wyoming, before a single arbitrator selected in accordance with the Rules. Judgment on the award may be entered in any court having jurisdiction. Each party shall bear its own costs and attorneys’ fees, and the parties shall share equally the arbitrator’s fees and JAMS administrative fees, unless the arbitrator determines otherwise.

 

ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF, RELATING TO OR IN CONNECTION WITH THESE TERMS, OUR SERVICES (OR ANY PORTION OR ALL OF THE FOREGOING), INCLUDING THE BREACH, TERMINATION OR VALIDITY OF THESE TERMS, SHALL BE FINALLY RESOLVED BY ARBITRATION. THE TRIBUNAL SHALL HAVE THE POWER TO RULE ON ANY CHALLENGE TO ITS OWN JURISDICTION OR TO THE VALIDITY OR ENFORCEABILITY OF ANY PORTION OF THE TERMS OF USE TO ARBITRATE. THE PARTIES AGREE TO ARBITRATE SOLELY ON AN INDIVIDUAL BASIS, AND THAT THIS AGREEMENT DOES NOT PERMIT CLASS ARBITRATION OR ANY CLAIMS BROUGHT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE ARBITRATION PROCEEDING. THE ARBITRAL TRIBUNAL MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING.

Limitation on Time to File Claims

ANY CAUSE OF ACTION OR CLAIM YOU MAY HAVE ARISING OUT OF OR RELATING TO THESE TERMS OF USE OR THE SERVICES MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE, SUCH CAUSE OF ACTION OR CLAIM IS PERMANENTLY BARRED.

Waiver and Severability

No waiver by Company of any term or condition set out in these Terms of Use or other legal rights shall be deemed a further or continuing waiver of such term, condition, or right, or a waiver of any other term or condition, and any failure of Company to assert a right or provision under these Terms of Use shall not constitute a waiver of such right or provision.

 

If any provision of these Terms of Use is held by a court or other tribunal of competent jurisdiction to be invalid, illegal or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Terms of Use will continue in full force and effect.

Force Majeure

Company has discretion to make the Services or any portion thereof available or not available to any user at any time for any or no reason, without liability, including if there are delays or failures, interruption or suspension of the Services, whether or not such delay, failure, or interruption is intentional, or results from causes beyond its reasonable control, such as due to fire, explosion, earthquake, storm, flood, war, insurrection, riot, act of God, act of public enemy, pandemics, epidemics, local disease outbreaks, public health emergencies, governmental restrictions or quarantines, labor disputes, telecommunications failures, or failures of third-party hosting or network providers, including Node Providers. All payment obligations shall remain unaffected, and no refunds, credits, or offsets shall be due as a result of any suspension or delay.

 

Assignment

 

You may not assign, delegate, or transfer these Terms of Use or any rights or obligations hereunder, or your account used to access the Services, in any way (by operation of law or otherwise) without Company’s prior written consent, except as specifically allowed herein, or to a successor to your business by merger, or sale of all or substantially all of your assets or voting securities. We may transfer, assign, or delegate these Terms of Use and our rights or obligations without your consent.  Subject to the foregoing, this Agreement shall be binding upon, and inure to the benefit of, the successors, representatives and permitted assigns of each party hereto.

Entire Agreement

The Terms of Use and our Privacy Policy constitute the sole and entire agreement between you and Truebit Co. regarding the Services and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Services.

Your Comments and Concerns

The Services are operated by Truebit Co., 318 Half Day Rd, Suite #350, Buffalo Grove, Illinois 60089.


All notices of copyright infringement claims should be sent to the copyright agent designated in our Copyright Policy in the manner and by the means set out therein.


All other feedback, comments, requests for technical support, and other communications relating to the Services should be directed to: hello@truebit.io.

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