1. Introduction
These Terms and Conditions (the "Terms"), set out the general terms and conditions applicable to: (a) Your access to and use of the website located at the URL address https://ratio1.ai ( the “Website” ), as well as of the related Ecosystem (the ‘’ Ecosystem’’) including the Naeural Edge Protocol (the ‘’Naeural Protocol’’ or the ‘’Operating system for AI ") and the linked application (referred to as the “dApp”), the utility tokens from the Ecosystem (the ‘’Tokens ’’), the Naeural Edge Node licenses that grant the rights to run processing nodes ( the ’’Node Deeds’’) as well as any related tools from the Ecosystem ( the ‘’Tools’’); (b) Your use of the services ( the’’ Services’’) which we may provide to you (“You“); c) Your use of information obtained through our Website, Ecosystem and the Services provided to You, and constitute a legal agreement between You, as the user of the Website and Ecosystem and NAEURAL SRL, a company incorporated under the laws of Romania, registered with the Trade Registry under number 40/12133/2024, having fiscal code 50252500, with registered office located at 61 Eufrosina Popescu street, section ''LAMA 2'', space no.1, entrance B, 1st floor, room 42 , District 3, Bucharest-the entity who owns and operates the Website (hereinafter referred to as ‘’Us’’, ‘’We’’ and ‘’Our’’ or the “ Company”) and any related software necessary for providing the Services.
These Terms apply to You, in your capacity as a visitor and user of the Website, as well as the beneficiary of all Services, Node Deeds, Tokens, Tools, features and information made available on the Website, respectively the Ecosystem.
2.Acceptance of the Terms
You expressly agree to these Terms and You acknowledge that We will consider your access to and use of our Website and Ecosystem, including our Services and Tools, as acceptance of these Terms. You are responsible for checking our Website periodically to review the current version of the Terms to familiarize yourself with any changes to them.
Please read these Terms carefully before accessing or using the Website and Ecosystem. By accessing or using any part of the Website or Ecosystem, you agree to become bound by the Terms. If you do not agree to all the Terms, then you may not access the Website, the Ecosystem or use any Services.
In case You don’t want to be bound by the Terms, You should not access the Website or the Ecosystem.
3.Amendments to the Terms
We reserve the right, at Our sole discretion, to make changes to these Terms, to modify or replace any part. Such changes shall be binding on users of the Website and shall take effect immediately upon posting.
You hereby agree to observe any changes, variations or modifications to our Terms and Your continued use of or access to the Website, respectively Ecosystem following the posting of any changes to the Terms constitutes acceptance of those changes. If You do not agree to the changes, You must stop the use of Website, respectively Ecosystem.
4.The Ecosystem
The Ecosystem includes: i) the Naeural Protocol- a platform specifically designed to facilitate the rapid development and deployment of AI applications, as well as the Tools from the platform.; ii) the Node Deeds- the licenses that grant the rights to run processing nodes ; iii) the Tokens; iv) the Website and iv) the dApp.
(i) The platform integrates blockchain technology, enhancing the capabilities in terms of security, transparency, and decentralized data management. In this respect, Our mission is to democratize artificial intelligence (AI) by establishing a comprehensive network that facilitates the easy development and deployment of AI applications—from their initial concept to full execution.
Within the Ecosystem there is established a utility blockchain network wherein AI processing nodes ( the ’’Node Providers’’) that have Node Deeds will collaborate to execute tasks aligned with real-life use cases and it is generated revenue for the Node Providers who contribute services to the network.
(ii) There are three types of Node Deeds: Genesis Node Deed (GND), Master Node Deed (MND) and Node Deed (ND). The Node Deeds grant the right to generate the Tokens through mining, based on the activity of the Node Provider in the Ecosystem.
The Node Deed represents the license available for public purchase which enables the operation of individual edge nodes within the Naeural Protocol, respectively the Ecosystem and granting to its holder the right to use the Naeural Protocol, the right and ability to contribute with compute power within the Naeural Protocol and receive rewards, and the right to mine Tokens.
The Node Deed grant the right to generate the Tokens through mining, based on the activity of its holder in the Ecosystem. The Tokens are distributed and mined through the Naeural Edge Nodes paired with the Node Deeds licenses and can be claimed through the dApp.
(iii) The Tokens are the Naeural Protocol utility tokens that are mined by the holders of the licenses defined above as Node Deeds, and distributed through the Node Deeds and the Naeural Edge Node via the management features of the dApp. The Node Deed must be installed by each participant in the Ecosystem on their computer or computers, on-premises or on cloud infrastructures. Based on the license type (Node Deed) held by each participant in the Ecosystem, each participant is entitled to use the Naeural Protocol and can mine Tokens through providing AI compute power.
For the avoidance of any doubt, there is no Token Generation Event (TGE), each participant in the Ecosystem generates the Tokens through mining. The Company is not performing any actions in relation to the issuance of the Tokens and the Company does not exercise any control on the Tokens’ generation. The Tokens aim to fulfill several purposes and functionalities within the Ecosystem, as stated in the White Paper.
The Tokens are mined by the participants in the Ecosystem/ holders of the Node Deeds, they are not minted or otherwise issued by the Company.
The Company has no intention of acting as a broker, dealer, or crypto exchange, directly or indirectly, in relation to any transaction involving Tokens.
5.Access and use of the Website, Ecosystem and Services
As a condition to accessing or using the Website, Ecosystem and the Services, You:
a) shall only use the Website, dApp, Node Deed, Tools, Tokens and the Services for lawful purposes and in accordance with these Terms;
b) shall comply with all applicable national and international legal provisions and regulations applicable to Your use of the Website, dApp, Node Deed, Tools, Tokens respectively the Services;
c) shall not breach the applicable legal provisions by using the Website, respectively the Ecosystem and the Services;
d) shall ensure that all information that You provide on any form (including but not limited to information related to Your e-mail address, company name, Your name, public address) is true, complete, current and accurate;
e) shall not directly or indirectly do or state anything that might affect the Website, dApp’s and/ or the team members’ reputation and/or image, as well as the evolution and development of the Website, dApp and Services, including but not limited to any behavior which may be considered by Us as being defamatory, either directly or indirectly, by whatever means or words or place of communication, or being a manipulatory behavior either by suggestions, affirmations, rhetoric or inadequate questions or postings which may subversively affect the reputation, image or future development of the Website, dApp or the team members;
f) shall not misappropriate any intellectual property or third-party’s rights while using the Website, respectively the Ecosystem, the Tools and the Services;
g) shall not misrepresent the truthfulness, sourcing or reliability of any content on the Website, dApp;
h) shall not use the Website, respectively the Ecosystem in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Website respectively the Ecosystem, respectively the Services or that could damage, disable, overburden, or impair the functioning of the Website in any manner;
i) shall not use any robot, spider, crawler, scraper, or other automated means or interface not provided by Us, to access the Website, respectively the Services, to extract data;
j) shall not attempt to circumvent any content filtering techniques or security measures that We employ on the Website, dApp, or attempt to access any area of the Website, dApp, that You are not authorized to access;
k) shall not introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Website, respectively the Ecosystem;
l) shall not upload or transmit (or attempt to upload or to transmit) any material that acts as a passive or active information collection or transmission mechanism in the Website.
6. Your consent, acknowledgments, representations and warranties
By using Website, respectively the Ecosystem and Services, You agree, acknowledge, represent and warrant that:
(i) The terms, conditions, obligations, affirmations, representations, and warranties set forth in these Terms are binding on You, and by accessing the Website, respectively the Ecosystem or Services, You represent and warrant that You have the legal capacity to enter into them;
(ii) if You agree to these Terms on behalf of a legal entity, then You have the legal authority to hold liable the legal entity to these Terms;
(iii) You are over 18 years old or the age of majority, required by your residence state, whichever is older, and You have the capacity to enter into these Terms;
(iv) You are solely and completely responsible for Your own compliance with applicable legislation in Your jurisdiction;
(v) You acknowledge that it is Your responsibility to ensure compliance with the laws of Your jurisdiction and We are not liable for Your compliance or failure to comply with such legal provisions;
(vi) You live in a jurisdiction that allows the Company to sell to You the Node Deeds without requiring any local authorization;
(vii) You do not live in a jurisdiction that qualifies the Tokens as securities;
(viii) By accepting these Terms, You do not breach any law, rule, or regulation applicable to You;
(ix) You will not use the Tokens for any illegal activity, including but not limited to money laundering and the financing of terrorism;
(x) You have not been placed on any of the sanctions lists, published and maintained by the United Nations, European Union, any EU state, UK, Treasury and US Office of Foreign Assets Control (OFAC);
(xi) You are not located in a geographic area that is subject to U.S., EU, OECD or other applicable sanctions or embargoes;
(xii) You are not associated with an entity, identified on the U.S. Department of Commerce’s Denied Persons or Entity List, the U.S. Department of Treasury’s Specially Designated Nationals List, the U.S. Department of State’s Debarred Parties List or other applicable sanctions lists, in particular the EU or OECD-sanction lists;
(xiii) You are not a resident of a geographic area in which holding or use of Tokens is prohibited by applicable law, decree, regulation, treaty, or administrative act;
(xiv) You are solely responsible for determining whether the acquisition of the Node Deeds is appropriate for You;
(xv) You are acquiring the Node Deed and will mine the Tokens exclusively for the use of the Ecosystem;
(xvi) You understand the risks associated with the Tokens and understand the use of crypto-assets and their associated risks;
(xvii) the Tokens are distributed through Node Deeds and the dApp;
(xviii) You acknowledge and agrees that the Token shall be mined by You, the Tokens are not minted or otherwise issued by the Company;
(xix) You shall be solely and fully liable for the consequences of the use of the Tokens. In particular, given that the Company will have no control over the transactions with the Tokens performed by You, You may not make any claim against the Company for any loss of your Tokens due to Your error of any kind;
(xx) You can use the Tokens in the Ecosystem only under the conditions outlined in the White Paper;
(xxi) You hereby accept to provide to a third provider indicated by Us all the information needed for Know Your Customer ("KYC") and/or Anti-Money Laundering ("AML") process within the dApp;
(xxii) You acknowledge and confirm that You are fully aware of all the legal provisions and technical constraints relating to the purchase of the Node Deed, possession and use of Tokens based on blockchain technologies, and understand the nature, scope and limitations of the Services from the Ecosystem;
(xxiii) all information or data provided to Us is correct, accurate, legitimate and observes all applicable legal provisions;
(xxiv) You hereby agree that We may display Your company, or business name (as the case may be), logo, images, or other media on the Website as the beneficiary of the Services and/or other marketing materials relating to Your website/ company, if the case, except where You have explicitly requested that We should not do this and We have agreed to such Your request in writing;
(xxv) You exclusively assume all consequences and risks related to the use of the Services;
(xxvi) You assume full responsibility for any decisions made based on Our Services;
(xxvii) We have no liability concerning Your use of the Ecosystem and the Services;
(xxviii) You will use the Website, the Ecosystem and the Services offered by Us honestly, fairly and in good faith;
(xxix) You shall not use the Website, the Ecosystem, the Services for any unlawful, fraudulent, infringing or inappropriate purposes;
(xxx) You shall not attempt to use any robot, data mining, computer code, or any other device, program, tool, algorithm, process or methodology to access, copy, or monitor any part of the Service, any data or content accessed through the Services;
(xxxi) You have all necessary consent and the authority to enter into these Terms and /or use the Ecosystem, the Services;
(xxxii) If You are a body corporate, unincorporated association, trust or partnership You are validly existing in accordance with applicable legislation and have obtained all necessary consent and authorizations under your constitutional or organizational documents;
(xxxiii) the Website, the dApp, Tools and the Services are provided on a “as is” and ,,as available’’ basis. We hereby disclaim all warranties of any kind, express or implied, including, without limitation fitness for a particular purpose. We are not making any warranty that the Website, the dApp, Tools will be error-free or that access thereto will be continuous or uninterrupted (from time to time, access may be interrupted, suspended or restricted, as indicated in this document);
(xxxiv) You have all requisite power and authority to use the Services enter into these Terms, including having all permits, licenses, authorizations, orders, and approvals, if they are necessary according to Your applicable law;
(xxxv) You understand that You obtain content or Services through the Website, dApp and Ecosystem on Your own risk;
(xxxvi) We have the right to limit, on Our sole discretion, the availability of the Website, dApp, Tools or Services to any person, geographic area or jurisdiction and/or to prohibit Your access to and use of the Website, dApp, Tools or Services at any time;
(xxxvii) No part of the Website, dApp and Our Services, Ecosystem is intended to constitute advice, and the content of the Website and Services, should not be relied upon when making any decisions or taking any action of any kind.
(xxxviii) You shall not generate misleading information for personal interests, by using the data from the Services, Ecosystem;
(xxxix) If You breach any warranty or representation made under these Terms, We may suspend or terminate Your access to the Website, dApp, Tools and the provisions of Services.
(xl) We may modify, suspend or discontinue, temporarily or permanently, all or any part of Our tools related to the Website, dApp, Tools with or without notice. We reserve the right, at any time and for any reason, to discontinue, redesign, modify, enhance, change, patch the software, the Website, and/or the services and tools, including without limitation, the structure, specifications, ‘’look and feel’’ navigation, features and other elements of the software and/or the services and tools or any part thereof. You agree that We will not be liable to You or to any third party (for whom you may be acting) for any modification, suspension or discontinuance of all or any part of our services and tools from the Website, dApp.
7. Transactions within the Ecosystem
Considering the irreversibility of the transactions performed using blockchain, You hereby acknowledges the following:
(i) You shall be the sole responsible for understanding the functioning mechanism of the blockchain technology, the process of mining the Tokens;
(ii) You have studied, understood, and You are the sole responsible and fully assume all incumbent effects of using the Tokens, and the blockchain infrastructure, including but not limited to: the functioning mechanism of the blockchain infrastructure and the mining of the Tokens;
(iii) all the Tokens may be lost in case You perform an incorrect, incomplete, or wrong operation including but not limited to delivery to a wrong public address, loss of access of the public and private keys or performing an operation without sufficient funds;
(iv) the Company is absolutely unable to remedy, recover or cancel any transaction or operation performed by You;
(v) the use of specific terms used in the blockchain and crypto industry.
We have no custody and We have no control over the users’ funds or the users’ Tokens.
We are not involved in the transactions performed by the users of the Ecosystem.
If you elect to purchase Node Deeds and to mine Tokens, or perform any transactions with Tokens with the users of the Ecosystem, then any transaction that you engage in will be conducted solely through the network. The Company will have no insight into or control over these transactions, nor does it have the ability to reverse any transactions. With that in mind, the Company will have no liability to you or to any third party for any claims or damages that may arise as a result of any transactions that you engage in, or any other transactions that you conduct via the network, and other networks, sidechains.
We do not intend and We do not provide any investment or financial advice or recommendations whatsoever. In this respect, We cannot provide You with any investment, legal, financial, taxation or other advice in connection with your decisions.
Nothing on the Website, respectively on the Ecosystem or in any communications (including the marketing communications) which We are sending or displaying to You is intended to represent an investment or financial advice or a recommendation in this respect.
We will not be responsible for any communication failures, disruptions, errors, distortions or delays You may experience when using the blockchain, however caused. We expressly disclaim any liability for these risks.
8. Intellectual Property
All intellectual property rights related to Our content included in the Website, dApp, Tools and also the content related to Our Services, including but not limited to: all copyrights and any other intellectual property rights related to the Website and dApp (such as rights in text, graphics, logos, icons, images, sound clips, video clips and data compilations, and together with the Website, dApp, page layout, underlying code and software, characters, layouts, buttons, color scheme) and any other intellectual property rights related to graphics, text, source code, the selection, arrangement and presentation of all information/content/ design of the Services, Ecosystem as well as trademarks, patents, service marks, domain names, trade names, rights in designs, software code, characters, any layouts, rights in know-how, graphics, as well as all copyrights and any other intellectual property rights associated with Our Services, Tools ; all trademarks, service marks, trademarks, trade names, corporate names, and domain names, all trade secrets and confidential information (including know-how, processes and techniques, technical data, all rights and any other intellectual property rights ("IP") is Our property, Our affiliates or Our licensors and is protected by local and international intellectual property laws and treaties.
Any IP connected or related to the Services, the dApp, Tools shall remain Our exclusive property and nothing in these Terms shall be construed in any manner as assigning or transferring any such rights to You.
You may not, without our prior written consent:
a) modify, copy, duplicate, display, distribute, publish, commercially exploit any IP or materials (including data, information, analytics, text, video, audio or user interface design) or create any derivative works from the content presented on Our Website, dApp, Tools and through the Services;
b) decompile, reverse engineer, disassemble, or otherwise try to discover the source code of the underlying software;
c) distribute the content of the Services to third parties against compensation, unless you have obtained prior written consent from Us;
d) remove any proprietary notices from any IP;
e) attempt to disable, bypass, modify, defeat, or otherwise circumvent any protection system applied to or used as part of the Website, dApp.
The use of the Tools and Our Services does not grant You any rights other than those granted to You under these Terms. Nothing contained on our Website, dApp or any communications to You shall be construed as granting, by implication or otherwise, any license or right to use any IP without Our prior written consent.
If You create a hyperlink to our Website, the hyperlink and context in which it is used may not, without Our prior written consent, suggest an endorsement, sponsorship or affiliation with Us, our affiliates or Our Services, and may not make use of any of our IP other than that contained within the text of the hyperlink.
You will not make use of our URL (or any other URL owned by Us) on another website or digital platform without Our prior written consent.
9. Content which You post on Our Social Media Communities
When You post content on Our Social Media Communities, You:
(i) must make sure that all content You post belongs to You or that You have a right to post that information and that You do not breach the privacy rights, publicity rights, copyright, contract rights or any other rights of any individual or make derogatory remarks regarding, defame or otherwise criticize any person or entity, including Us, or Our team members. You shall be liable for any damage resulting from any infringement or other violation of the copyright, trademarks or other proprietary rights of any individual or entity, and for any other harm or losses resulting from any content that You post;
(ii) must not post that We endorse or warrant Your content;
(iii) must not post anything which is abusive, inciteful, defamatory, harassing, insulting, sexually explicit, offensive, racist, rude, hateful, threatening, violent, or illegal or even manipulatory for other persons;
(iv) must not post content containing unsolicited promotions, commercial messages or any chain messages or user content designed to deceive or trick the users of the Website, dApp or Ecosystem;
(v) encourage or induce any third party to engage in any of the activities prohibited under these Terms;
(vi) manipulate the other users of the Website, Ecosystem by whatever methods or inducing them the idea that the future of the Website , Ecosystem or Services may be periclitated or in danger.
We may review and monitor Your activity and posts, as well as Your content on Our Social Media Communities. If You breach any of the above rules, We will record such breach and We will remove the post, content without telling You. We may also block Your access to the Services, Tools, dApp - We will communicate You or not when We will take such measures. We may also be required by applicable legislation to communicate to regulators or government authorities about a breach, and help them in any investigation about a breach.
By posting content on Our Social Media Communities, You specifically grant Us a non-exclusive, irrevocable, transferable, sub-licensable, royalty-free, worldwide license to use, copy, duplicate store, present and/or publish all or any part of Your content, and We shall be free to use such content, in any manner or media whatsoever, on an unrestricted basis and without any attribution or royalties or other compensation to You, including without limitation, our Website, advertisements, in printed media, and in newspapers.
We reserve the right to deny, suspend or terminate the Services to any Website’s users, to block his access to Our Social Media Communities in whatever manner, due to inter alia, but not limited to the following reasons:
(i) in Our opinion, the user is not able to fully comply with these Terms, as above-mentioned.
(ii) the user has committed fraud or a criminal offense;
(iii) the user has acted or made statements, comments, suggestions, has posted any content, has raised inadequate/ inappropriate questions in a way that intends to manipulate other users or to suggest certain aspects that, in Our opinion, might affect currently or in the future the Website reputation, image or the future development of the Website or Our reputation;
(iv) the user has provided false or misleading or incomplete information to Us.
You agree that no part of the Website, dApp may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose whatsoever, without Our express prior written permission.
You hereby grant Us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to your project or company’s name, brand, logo, photos, image ( the ‘’Content’’).
You hereby grant to Us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display the Content.
You hereby represent and warrant that You have, or have obtained, all rights, licenses, consents, permissions, power and authority necessary to grant the rights mentioned herein for the Content above-mentioned, as well as to grant Us the license described above, and that the Content and the license above-mentioned do not breach any laws.
We shall not be liable for any breach of any intellectual property rights in connection with any Content displayed by Us on Our Website.
10. Third-Party Links
The Website, the dApp may contain hyperlinks or references to third party websites. Any such hyperlinks or references are provided for Your information and convenience only. We have no control over third party websites and We have no legal responsibility for any content, material or information contained in them.
The display of any hyperlink and reference to any third-party website does not mean that We endorse that third party's website, products or services. Your use of a third-party site may be governed by the terms and conditions of that third-party site.
11. Privacy Policy
We may record and collect information about You. You can find more information about how We will you process your personal information in our Privacy Notice located on https://ratio1.ai/privacy-notice.
12. Disclaimers
Please note that We make every effort to provide accurate and up-to-date information. However, we cannot guarantee the correctness, accuracy, or completeness of the data within the Services provided.
Please note that the information from the Website and Services may contain errors or omissions. We shall not be liable for any delays, errors, or interruptions in the delivery of Services, Tools. Also, We shall not be responsible for any delays, errors, or interruptions in data transmission through our Services.
Please note that the quality of the Tools, dApp may not meet Your specific requirements or expectations. We do not guarantee that errors or defects will be corrected.
In particular, the content and materials available on the Website, dApp and Services do not constitute any form of investment advice or recommendation by Us, should not be regarded as a recommendation to buy or sell any crypto assets.
Any opinions, research, analyses, or other information contained on this Website are provided as general market commentary and do not constitute investment advice. We shall not be responsible for any loss arising from any decision based on any information provided on the Website
We do not guarantee that the Website, the dApp will be secure or free from bugs or viruses.
You are responsible for configuring your information technology, and computer programs in order to access the Website, the dApp. You should use your own virus protection software.
The content and materials available on the Website are for informational purposes only and is not intended to address your particular requirements.
For avoidance of any doubts, any representation or other affirmation of fact, including statements regarding capacity, suitability for use or performance of the Website, dApp, Tools, or the content presented on, or through Our Services, whether or not or supposed to be made by any of our directors, officers, employees, collaborators, which is not expressly contained in these Terms, shall not be considered to be a warranty by the involved persons for any purpose, or give rise to any liability of our employees, officers, directors and collaborators whatsoever.
We hereby expressly disclaim any implied, express or statutory warranties, guarantees, conditions, covenants and representations relating to the Website , dApp, Tools, Node Deeds and Our Services, or any proprietary or third-party technology, hardware, system, software (including open source software), data, content or services that the Company may use to provide Services including, merchantability, quality, accuracy, fitness for a particular purpose, title, non-infringement, timeliness, currency, absence of viruses .
In no event will We or Our shareholders, directors, officers, employees, attorneys, agents, representatives, suppliers or contractors be liable for any incidental, indirect, special, punitive, or similar damages or liabilities whatsoever arising out of or in connection with the use of the Website and Services.
You agree to protect Us from any claims, losses, or expenses arising from your use of the Services, dApp, Tools, Node Deeds or breach of these Terms.
Please note that all information provided within the Services is impersonal and not tailored to Your needs.
The Company is not responsible for Your tax obligations of any kind in the country in which You are domiciled (or in any other country where You live) nor for the calculation, filling forms, withholding or payment of any tax that should be paid by You in connection with the purchase of the Node Deed, possession and use of Tokens.
You acknowledge, that You are solely liable for storage and use of the Tokens under normal conditions of use, and in accordance with the current legislation.
You shall be deemed liable for any damaging consequences arising from the abnormal, non-compliant or unforeseeable storage, transfer or use of the Tokens.
13. Limitation of liability
We shall not be liable for any direct or indirect loss or damage, foreseeable or otherwise, including any indirect, consequential or special damages arising from Your use of the Website, dApp, Tools, Node Deeds , Tokens ,Ecosystem respectively Our Services or any information contained in it. You are using the Website,dApp, Tools, Node Deeds, Tokens, Ecosystem respectively Our Services, at Your own risk.
We (including our affiliates, officers, directors, employees and collaborators), shall not be liable to You for any direct, indirect, consequential loss, damage, cost or expense (including legal costs), loss of profit, loss of business, loss of reputation, damage or corruption of data or any similar damage or loss costs, expenses and payments, arising from, or in connection with the content, the use of or the inability to use the Website, dApp, Tools, Node Deeds, Tokens, Ecosystem or any features, respectively Our Services or from any failure, error, or breakdown in the function of the Website, dApp, Tools, Node Deeds , Tokens, Ecosystem , or from any fault, or error made by our officers, directors, employees, directors and collaborators or from your reliance on content available on the Website, dApp ,You shall fully indemnify and hold Us ( including our employees, directors, contractors and affiliates) harmless from any demands, loss, liability, claims or expenses (including reasonable attorneys’ fees and court costs), made against Us by any third party due to or arising out of or in connection with (a) Your use of the dApp, Tools, Node Deeds , Tokens, Ecosystem, Services; (b) Your breach of any rights of any third party thereto; or (c) any disputes or issues between You and any third party thereto.
We may not be held liable for any of the following:
(i) Use of the dApp, Tools, Node Deeds , Ecosystem that are not compliant with the terms of the Agreement;
(ii) Non-performance, failure, malfunction or unavailability of the Services, dApp, Tools, Node Deeds ,due to a third party, You, a third-party product;
(iii) Indirect damages such as business loss or disturbance, loss of orders, operating loss, loss of profits;
(iv) Suspension of access or temporary or permanent suspension of the utilities of the Tokens or of the Ecosystem (in particular, arising from a request issued by an appropriate administrative or judicial authority, or notification received from a third-party);
(v) Loss, alteration or destruction of all or part of the content (information, data, applications, files or other items) hosted on the infrastructure;
(vi) Mismatch between the Tokens functionalities and services and the Your needs (in particular, with regard to the sensitivity of the relevant data);
(vii) Security incidents relating to use of the Internet, concerning in particular the loss, alteration, destruction, disclosure or unauthorized access to Your data or details on or via the Internet.
14. Miscellaneous
We may perform any of Our obligations, and exercise any of the rights granted to Us under these Terms, through a third-party. We may assign any or all our rights and obligations under these Terms to any third-party.
The online forms constitute electronic communications. By accessing and using the Website, You hereby consent to receive electronic communications from Us via the e-mail or Website.
If any clause or part of any clause of these Terms is found to be void, unenforceable or invalid, then it will be severed from these Terms, leaving the remainder in full force and effect, provided that the severance has not altered the basic nature of these Terms.
No single or partial exercise, or failure or delay in exercising any right, power or remedy by Us shall constitute a waiver by us of, or impair or preclude any further exercise of, that or any right, power or remedy arising under these Terms or otherwise.
If any of the provisions in these Terms are found to be illegal, invalid or unenforceable by any court of competent jurisdiction, the remainder shall continue in full force and effect.
All disclaimers, indemnities and exclusions in these Terms shall survive termination of the Terms and shall continue to apply during any suspension or any period during which the Website is not available for you to use for any reason whatsoever.
These Terms and the documents referred to in them set out the entire agreement between You and Us with respect to Your use of the Website, Ecosystem respectively Our Services and supersede any and all prior or contemporaneous representations, communications or agreements (written or oral) made between You or Us.
Any dispute, controversy, or claim arising out of or in relation to these Terms, including the validity, invalidity, breach or termination thereof, shall be settled by the competent courts from Bucharest, Romania. The applicable law shall be Romanian law.
15.Contacting Us
Should You have any question about these Terms, or wish to contact Us for any reason whatsoever, please do so by sending us an email at contact@ratio1.com
