Terms of Service
Last Updated: 15th August 2024
Introduction
These Terms of Service (“Terms”) govern your use of the blackarrowlaunchpad.com website and the services provided by Black Arrow Launchpad Ltd (“we”, “our”, “the Company”). By accessing or using the website and services, you (“User”, “you”, “your”) agree that you have read, understand, and accept these Terms in their entirety. If you do not agree to be bound by these Terms, you are not authorized to access or use the website or services and should discontinue use immediately.
NOTICE
These Terms contain important information, including binding arbitration provisions and a class action waiver, which impact your rights regarding how disputes are resolved. The services are only available to you if you fully agree to these Terms.
Modification of Terms
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. We will notify you of any changes by updating the date at the top of these Terms and posting the revised Terms on our website. All changes take effect immediately upon posting. Your continued use of the services following any such modifications indicates your acceptance of the new Terms. If you do not agree with any changes, you must discontinue using the services immediately.
Eligibility
To access or use our website and services, you must be able to form a legally binding contract with us and meet the following requirements:
- You are at least 18 years of age or the age of majority in your jurisdiction.
- You have the full right, power, and authority to enter into and comply with these Terms.
- You are not subject to any economic or trade sanctions administered or enforced by any governmental authority.
- You are not a citizen or resident of any jurisdiction where the use of the services is prohibited.
- You will comply with all applicable laws and regulations.
Proprietary Rights
We own all intellectual property and other rights in the website and services, including but not limited to software, text, images, trademarks, service marks, copyrights, and patents. Your use of the website and services is subject to these intellectual property rights. You are granted a limited, non-exclusive, non-transferable, and revocable license to use the website and services for personal, non-commercial purposes, subject to these Terms.
Privacy
We are committed to protecting your privacy. We collect and use limited personal information necessary to provide the services, including your blockchain wallet address and transaction data. We do not collect any personal information such as your name or contact details, unless you choose to provide it. However, we may use third-party service providers that may collect and use your personal information in accordance with their privacy policies. By using our services, you consent to our collection and use of your information as described in our Privacy Policy.
Transparency
Please note that interactions on the blockchain are public and transparent. We do not control and are not responsible for any information you make public through blockchain transactions.
Right to Use the Website and Services
By accessing the website and using the services, you represent and warrant that:
- You are of legal age and have the capacity to agree to these Terms.
- You are not using the services for any illegal or unauthorized purpose.
- The digital assets in your wallet are not derived from any illegal activities.
- You will maintain the confidentiality of your account information and are responsible for all activities that occur under your account.
- You acknowledge that the Company is not responsible for the loss of access to your wallet or digital assets.
Prohibited Activities
You agree not to engage in, or attempt to engage in, any of the following prohibited activities:
- Intellectual Property Infringement: Engaging in any activity that infringes on or violates intellectual property rights.
- Cyberattacks: Deploying any harmful technology that compromises the security or functionality of the website or services.
- Fraud and Misrepresentation: Providing false, inaccurate, or misleading information to defraud the Company or other users.
- Market Manipulation: Engaging in activities such as pump-and-dump schemes or wash trading.
- Unlawful Conduct: Violating any applicable law, regulation, or restriction imposed by the jurisdiction in which you reside or use the services.
KYC and Compliance
To access certain services, you may be required to undergo Know Your Customer (KYC) verification. The Company reserves the right to restrict your access to the services until your identity is verified. We may also share your KYC information with third-party service providers to ensure compliance with applicable laws.
Assumption of Risk
By using our website and services, you acknowledge and accept the following risks:
- The value of cryptocurrencies can be volatile, and you may experience financial losses.
- Blockchain transactions are irreversible, and smart contracts may execute automatically without your control.
- Digital assets, including stablecoins, may not be as stable as they claim, and you assume the risk of trading or holding these assets.
- The use of the services is at your own risk, and the Company is not responsible for any losses you may incur.
Services
1. Token Offerings
The Company may offer various types of token offerings, including but not limited to Initial DEX Offerings (IDOs), Initial Coin Offerings (ICOs), and Initial NFT Offerings (INOs). By participating in any token offering through the Website, you acknowledge and agree to the following:
- Initial DEX Offerings (IDOs): The IDOs that may be conducted on the Website allow you to participate in decentralized token sales directly through the platform. You understand that participation in an IDO involves inherent risks, including but not limited to market volatility, liquidity risks, and the potential for smart contract vulnerabilities. The Company does not guarantee the success of any IDO or the future value of the tokens.
- Initial Coin Offerings (ICOs): The ICOs that may be hosted or promoted by the Company enable you to purchase tokens during the initial release phase. These tokens may represent utility within the project’s ecosystem or other rights as defined by the issuing entity. You understand that ICOs are speculative investments, and the Company is not liable for any loss of value of the tokens after the offering.
- Initial NFT Offerings (INOs): The INOs that may be offered on the Website provide access to unique digital assets or collectibles, typically in the form of non-fungible tokens (NFTs). By participating in an INO, you acknowledge that the value of NFTs can be highly volatile, and there is no guarantee of future value or liquidity.
2. Participation in Fundraising Projects
The Company may offer opportunities to participate in various fundraising projects, including IDOs, ICOs, or INOs. When participating in any such fundraising project, you are solely responsible for reviewing and understanding all the details provided about the project. The Company facilitates access to these offerings but does not endorse, verify, or guarantee the accuracy of any information provided by third-party project teams. You agree that your participation is at your own risk, and the Company is not liable for any inaccuracies, omissions, or potential losses associated with these projects.
3. Know Your Customer (KYC) Requirements
The Company may require you to undergo a Know Your Customer (KYC) process before participating in certain Services. The Company reserves the right to restrict access to these Services until your identity is verified to our satisfaction. By participating in these Services, you agree to provide accurate, complete, and up-to-date information for the KYC process. The Company is not responsible for any delays or restrictions caused by your failure to complete the KYC process.
Limitation of Liability
The Company, its affiliates, and its employees shall not be liable for any indirect, incidental, consequential, or punitive damages arising from your use of the website or services, including but not limited to lost profits, data loss, or interruption of service. The website and services are provided “as is” without any warranties of any kind.
Non-Custodial Services and No Fiduciary Duties
The Company provides non-custodial services, meaning you are solely responsible for the custody of your cryptographic private keys and digital assets. The Company does not hold or control any digital assets on your behalf. The Company does not have any fiduciary duties to you and disclaims any such duties to the fullest extent permitted by law.
Compliance and Tax Obligations
You are solely responsible for complying with all applicable laws, regulations, and tax obligations related to your use of the services. The Company does not provide tax advice, and it is your responsibility to determine and report any applicable taxes resulting from your transactions.
Not Registered with the SEC or Any Other Agency
We are not registered with the U.S. Securities and Exchange Commission as a national securities exchange or in any other capacity.
Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of [insert jurisdiction]. Any disputes arising from these Terms shall be resolved through binding arbitration in accordance with the rules of [insert arbitration body], with the arbitration taking place in [insert location]. You agree to waive any rights to a jury trial or to participate in a class action lawsuit.
Indemnification
You agree to indemnify, defend, and hold harmless the Company, its affiliates, and its employees from any claims, damages, liabilities, costs, and expenses arising from your use of the website or services, your violation of these Terms, or your violation of any applicable law or regulation.
Termination
The Company reserves the right to terminate your access to the website and services at any time, with or without cause, and without prior notice. Upon termination, you must cease all use of the services. These Terms will continue to apply to any past use of the services, including any obligations you may have incurred.
Severability
If any provision of these Terms is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect.
Waiver
The failure of the Company to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision. Any waiver of any right or provision must be in writing and signed by an authorized representative of the Company.
Force Majeure
The Company is not liable for any delays or failures to perform any obligations under these Terms due to events beyond its control, including but not limited to natural disasters, acts of government, or technical failures.
Contact Information
For any questions or concerns about these Terms, please contact us at admin@blackarrowlaunchpad.com.