Responsible Use and Conduct
By visiting our website and accessing the information, resources, services, products, and tools we provide for you, either directly or indirectly (hereafter referred to as 'Resources'), you agree to use these Resources only for the purposes intended as permitted by (a) the terms of this User Agreement, and (b) applicable laws, regulations and generally accepted online practices or guidelines.
Wherein, you understand that:
a. In order to access our Resources, you may be required to provide certain information about yourself (such as identification, contact details, etc.) as part of the registration process, or as part of your ability to use the Resources. You agree that any information you provide will always be accurate, correct, and up to date.
b. You are responsible for maintaining the confidentiality of any login information associated with any account you use to access our Resources. Accordingly, you are responsible for all activities that occur under your account/s.
c. Accessing (or attempting to access) any of our Resources by any means other than through the means we provide, is strictly prohibited. You specifically agree not to access (or attempt to access) any of our Resources through any automated, unethical or unconventional means.
d. Engaging in any activity that disrupts or interferes with our Resources, including the servers and/or networks to which our Resources are located or connected, is strictly prohibited.
e. Attempting to copy, duplicate, reproduce, sell, trade, or resell our Resources is strictly prohibited.
f. You are solely responsible any consequences, losses, or damages that we may directly or indirectly incur or suffer due to any unauthorized activities conducted by you, as explained above, and may incur criminal or civil liability.
g. We may provide various open communication tools on our website, such as blog comments, blog posts, public chat, forums, message boards, newsgroups, product ratings and reviews, various social media services, etc. You understand that generally we do not pre-screen or monitor the content posted by users of these various communication tools, which means that if you choose to use these tools to submit any type of content to our website, then it is your personal responsibility to use these tools in a responsible and ethical manner. By posting information or otherwise using any open communication tools as mentioned, you agree that you will not upload, post, share, or otherwise distribute any content that:
- i. Is illegal, threatening, defamatory, abusive, harassing, degrading, intimidating, fraudulent, deceptive, invasive, racist, or contains any type of suggestive, inappropriate, or explicit language;
- ii. Infringes on any trademark, patent, trade secret, copyright, or other proprietary right of any party;
- Iii. Contains any type of unauthorized or unsolicited advertising;
- Iiii. Impersonates any person or entity, including any BDAM-Network employees or representatives.
We have the right at our sole discretion to remove any content that, we feel in our judgment does not comply with this User Agreement, along with any content that we feel is otherwise offensive, harmful, objectionable, inaccurate, or violates any 3rd party copyrights or trademarks. We are not responsible for any delay or failure in removing such content. If you post content that we choose to remove, you hereby consent to such removal, and consent to waive any claim against us.
h. BDAM do not assume any liability for any content posted by you or any other 3rd party users of BDAM website. However, any content posted by you using any open communication tools on our website, provided that it doesn't violate or infringe on any 3rd party copyrights or trademarks, becomes the property of https://www.bdefi.io/ and as such, gives us a perpetual, irrevocable, worldwide, royalty-free, exclusive license to reproduce, modify, adapt, translate, publish, publicly display and/or distribute as we see fit. This only refers and applies to content posted via open communication tools as described, and does not refer to information that is provided as part of the registration process, necessary in order to use our Resources. All information provided as part of our registration process is covered by BDAM privacy policy.
i. You agree to indemnify and hold harmless https://www.bdefi.io/ and its parent company and affiliates, and their directors, officers, managers, employees, donors, agents, and licensors, from and against all losses, expenses, damages and costs, including reasonable attorneys' fees, resulting from any violation of this User Agreement or the failure to fulfill any obligations relating to your account incurred by you or any other person using your account. We reserve the right to take over the exclusive defense of any claim for which we are entitled to indemnification under this User Agreement. In such event, you shall provide us with such cooperation as is reasonably requested by us
INVESTMENT RISKS
Investing in BDAM is like buying a currency and holding it for some time, thinking that its value will appreciate against a particular set of currency. If the token is purchased prior to the listing of the token, then the investment is called ICO (Initial Token Offering). The investor must acknowledge and agree that the risk of such investments is never guaranteed, and after the token is listed on an exchange, its value may even drop below the initial purchase price. The Client holding the tokens purchased in the ICO must keep them for at least six months ensuring that the developer of this token has enough time to find another buyer or sell it in the exchange at its prevailing price. In case, the investor is not able to sell it in the exchange, at times a new investor may take advantage of it and will ask it a discounted rate from the market value of the token. This has nothing to do with the developer and will purely be based upon agreement of both of the parties without having any relation to the developer at all.
The investment in BDAM token can lead to loss of money over short or even long periods. Once the developers of the BDAM platform or BDAM have listed the tokens in an exchange then the value of the token will be driven by the market sentiment. The investors in BDAM token should expect prices to have large range fluctuations. The information published on the Website cannot guarantee that the investors in BDAM token would not lose money.
RISK OF ALTERNATIVE, UNOFFICIAL BDAM PLATFORM
t is possible that alternative BDAM -based networks could be established, which utilize the same open source code and open source protocol underlying the BDAM Platform. The BDAM network may compete with these alternative BDAM -based networks, which could potentially negatively impact the BDAM Platform and BDAM token.
RISKS RELATED TO USE OF BDAM
The platform will not be responsible for any losses, damages or claims arising from events falling within the scope of the following five categories:
(I) Mistakes made by the user of any BDAM -related software or service, e.g., forgotten passwords, payments sent to wrong BDAM Wallet addresses, and accidental deletion of wallets.
(ii) Software problems of the Website and/or any BDAM Wallet elated software or service, e.g., corrupted wallet file, incorrectly constructed transactions, unsafe cryptographic libraries, and malware affecting the Website and/or any BDAM Token related software or service.
(iii) Technical failures in the hardware of the user of any BDAM token related software or service, e.g., data loss due to a faulty or damaged storage device
(v) Actions or inactions of third parties and/or events experienced by third parties, e.g., bankruptcy of service providers, information security attacks on service providers, and fraud conducted by third parties.
RISK THAT THE BDAM PLATFORM, AS DEVELOPED, WILL NOT MEET THE EXPECTATIONS OF USER
The User recognizes that the BDAM Platform is under development and may undergo significant changes before release. The User acknowledges that any expectations regarding the form and functionality of the BDAM Platform held by the User may not be met upon release of the BDAM Platform, for any number of reasons including a change in the design and implementation plans and execution of the implementation of the BDAM Platform.
Accounts
When signing up for an account, you agree that you are above the age of 18 and have provided accurate information, and you are not using any other identity but yours. It is your responsibility to keep the confidentiality of your account and password.
RISK OF SECURITY WEAKNESSES IN THE BDAM PLATFORM CORE INFRASTRUCTURE SOFTWARE
The BDAM Platform rests on open-source software, and there is a risk that the BDAM or the BDAM Team, or other third parties not directly affiliated with the BDAM, may introduce weaknesses or bugs into the core infrastructural elements of the BDAM Platform causing the system to lose BDAM token stored in one or more User accounts or other accounts or lose sums of other valued tokens issued on the BDAM Platform.
RISK OF SECURITY WEAKNESSES IN THE BDAM PLATFORM CORE INFRASTRUCTURE SOFTWARE
The BDAM Platform rests on open-source software, and there is a risk that the BDAM token or the BDAM team, or other third parties not directly affiliated with the BDAM, may introduce weaknesses or bugs into the core infrastructural elements of the BDAM Platform causing the system to lose BDAM stored in one or more User accounts or other accounts or lose sums of other valued tokens issued on the BDAM Platform.
RISK OF WEAKNESSES OR EXPLOITABLE BREAKTHROUGHS IN THE FIELD OF CRYPTOGRAPHY
As it is said that Cryptography is an art, not a science, and the state of the art can advance over time. Advances in code cracking, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies and the BDAM Platform, which could result in the theft or loss of BDAM Token. To the extent possible, BDAM intends to update the protocol underlying the BDAM Platform to account for any advances in cryptography and to incorporate additional security measures, but it cannot predict the future of cryptography or guarantee that any security updates will be made in a timely or successful manner.
RISK OF RAPID ADOPTION AND INCREASED DEMAND
If the BDAM Platform is rapidly adopted, the demand for BDAM could rise dramatically and at a pace that exceeds the rate with which BDAM miners can create new BDAM tokens. Under such a scenario, the entire BDAM Platform could become destabilized, due to the increased cost of running distributed applications. In turn, this could dampen interest in the BDAM Platform and BDAM. Instability in the demand of for BDAM Token or BDAM platform may lead to a negative change of the economical parameters of an BDAM based business which could result in the business being unable to continue to operate economically or to cease operation.
RISK OF TEMPORARY NETWORK INCOHERENCE
We recommend any groups handling large or important transactions to maintain a voluntary 24 hour waiting period on any BDAM deposited. In case the integrity of the network is at risk due to issues in the clients, we will endeavor to publish patches in a timely fashion to address the issues. We will endeavor to provide solutions within the voluntary 24 hour waiting period.
DISPUTE RESOLUTION
All disputes or claims arising out of, relating to, or in connection with the Terms, the breach thereof, or use of the BDAM Platform shall be finally settled under the Rules of Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with said Rules. All claims between the parties relating to these Terms that are capable of being resolved by arbitration, whether sounding in contract, tort, or otherwise, shall be submitted to ICC arbitration. Prior to commencing arbitration, the parties have a duty to negotiate in good faith and attempt to resolve their dispute in a manner other than by submission to ICC arbitration. The arbitration panel shall consist of one arbitrator only, unless the ICC Court of Arbitration determines that the dispute is such as to warrant three arbitrators. If the Court determines that one arbitrator is sufficient, then such arbitrator shall be Swiss resident. If the Court determines that three arbitrators are necessary, then each party shall have 30 days to nominate an arbitrator of its choice -- in the case of the Claimant, measured from receipt of notification of the ICC Court’s decision to have three arbitrators; in the case of Respondent, measured from receipt of notification of Claimant’s nomination. All nominations must be Swiss resident. If a party fails to nominate an arbitrator, the Court will do so. The Court shall also appoint the chairman. All arbitrators shall be and remain “independent” of the parties involved in the arbitration. The place of arbitration shall be London. The language of the arbitration shall be English. In deciding the merits of the dispute, the tribunal shall apply the laws of United Kingdom and any discovery shall be limited and shall not involve any depositions or any other examinations outside of a formal hearing. The tribunal shall not assume the powers of amiable compositor or decide the case ex aequo et bono. In the final award, the tribunal shall fix the costs of the arbitration and decide which of the parties shall bear such costs in what proportion. Every award shall be binding on the parties. The parties undertake to carry out the award without delay and waive their right to any form of recourse against the award in so far as such waiver can validly be made.
Changes
We reserve the right to change the Terms and Conditions at any time Planner
