Last updated November 14, 2024

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This website-hosted user interface (this “Interface”) is a frontend software portal to the VDEX protocol, a decentralized and community-driven blockchain and tools (the “Protocol”). This Interface is made available by VDEX. However, all transactions conducted on the Protocol are accessible by any user, entity, or third party, and there may be a number of third-party web and mobile user interfaces that allow for interaction with the Protocol. YOUR USE OF THE INTERFACE AND PROTOCOL IS ENTIRELY AT YOUR OWN RISK. VDEX is not responsible for any loss or damages resulting from users interacting with the Protocol.

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 1. NO WARRANTIES

THE INTERFACE IS AVAILABLE ON AN “AS IS” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY, TITLE, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

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You assume all risks associated with using the Interface and digital assets and decentralized systems generally, including but not limited to:  

- (a) digital assets are highly volatile;  

- (b) using digital assets is inherently risky due to both features of such assets and potential unauthorized acts of third parties;  

- (c) you may not have ready access to assets; and  

- (d) you may lose some or all of your tokens or other assets.

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You agree that you will have no recourse against anyone else for any losses due to the use of the Interface. For example, these losses may arise from or relate to:  

- (i) incorrect information;  

- (ii) software or network failures;  

- (iii) corrupted cryptocurrency wallet files;  

- (iv) unauthorized access;  

- (v) errors, mistakes, or inaccuracies; or  

- (vi) third-party activities.  

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Accordingly, you understand and agree to assume full responsibility for all risks of accessing and using the Interface and interacting with the Protocol.

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 2. DATA COLLECTION

The Interface does not collect any personal data, and your interaction with the Protocol will solely be through your public digital wallet address. Any personal or other data that you may make available in connection with the Protocol may not be private or secure.

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 3. PROHIBITED ACTIVITY

You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to your access and use of the Interface:

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- Intellectual Property Infringement: Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law.

- Cyberattack: Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including (but not limited to) the deployment of viruses and denial of service attacks.

- Fraud and Misrepresentation: Activity that seeks to defraud us or any other person or entity, including (but not limited to) providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another.

- Market Manipulation: Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including (but not limited to) the manipulative tactics commonly known as spoofing and wash trading.

- Any Other Unlawful Conduct: Activity that violates any applicable law, rule, or regulation.

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 4. NO PROFESSIONAL ADVICE

All information provided by the Interface is for informational purposes only and should not be construed as professional advice. You should not take, or refrain from taking, any action based on any information contained in the Interface. Before making any financial, legal, or other decisions involving the Interface, you should seek independent professional advice from a qualified professional. 

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 5. ADDITIONAL PROGRAMS

VDEX may, from time to time, in its sole discretion, make certain programs, special offers, challenges, bonuses, or other promotions available to users. The terms and conditions applicable to any such special offers will be determined by VDEX in its sole discretion and communicated to users in conjunction with any such programs.

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 6. LIMITATIONS, RESTRICTIONS, AND OTHER TERMS

VDEX’s determinations of participant eligibility or any questions or disputes arising from anyone’s use of the Interface or any other VDEX rules or restrictions shall be final and binding and not subject to challenge or appeal.

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Without notice to you, VDEX reserves the right to suspend or terminate your participation in any feature on the Interface in its sole discretion, including if VDEX determines or suspects that your use of the Interface is unauthorized, deceptive, fraudulent, unlawful, or intentionally subverts the purposes of the Interface.

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If you have a right to claim any rewards or other items in association with a promotional program, you may be subject to additional terms or conditions applicable to such claims process.

You are responsible for paying all transaction fees associated with claiming any on-chain asset, including any token made available on the Protocol. "Transaction Fees" refers to the fees required to be paid to execute a transaction on the Protocol, sometimes known as "gas fees." Transactions processed by the blockchain are irreversible. You acknowledge that any transaction you initiate by connecting your wallet to the Protocol using the Interface may be irrevocable.

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You are responsible for paying all transaction fees associated with claiming any on-chain asset, including any token made available on the Protocol. “Transaction Fees” means the fees required to be paid to execute a transaction on the Protocol, sometimes known as “gas fees.”

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Transactions processed by the blockchain are irreversible. You acknowledge that any transaction you initiate by connecting your wallet to the Protocol using the Interface may be irrevocable.

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VDEX is not responsible for any problems or technical malfunction of any telephone, Internet, or blockchain network or lines, online systems, servers, providers, computer equipment, software, or messaging platform, or as a result of technical problems or traffic congestion on the Internet, any website, or any application, or any combination thereof.

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 7. CHANGES TO ANY PROGRAM MADE AVAILABLE THROUGH THE INTERFACE

VDEX reserves the right to change, update, and/or discontinue, in whole or in part, either temporarily or permanently, any portion of the Interface or any program made available through the Interface and/or any policy, FAQ, or guidelines, at any time in its sole discretion and without advance notice to you.

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 8. RELEASE OF CLAIMS

You expressly agree that you assume all risks in connection with your access and use of the Interface and your interaction with the Protocol. You further expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of the Interface and your interaction with the Protocol.

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 9. INDEMNITY

You agree to hold harmless, release, defend, and indemnify us and our officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against all claims, damages, obligations, losses, liabilities, costs, and expenses arising from:  

- (a) your access and use of the Interface;  

- (b) your violation of any term or condition of these terms of use, the right of any third party, or any other applicable law, rule, or regulation; and  

- (c) any other party’s access and use of the Interface with your assistance or using any device or account that you own or control.

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 10. LIMITATION OF LIABILITY

Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including (but not limited to) damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of the Interface.

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 11. GOVERNING LAW AND FORUM CHOICE/CLASS ACTION WAIVER

These Terms of Use and any action related thereto will be governed by, and all disputes arising under, relating to, or in connection with these Terms shall be resolved in accordance with, the laws of Panama, without regard to the conflicts of law provisions of such jurisdiction.

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Any claim or dispute arising under these Terms will take place on an individual basis without resort to any form of class or representative action (the “Class Action Waiver”).

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Contact Information  

For further questions or information regarding these Terms, please contact us at team@virtuallabs.network.