Terms
Terms
Terms
These Terms of Use (“Terms”) embody our legal commitments and establish a binding
agreement between CoinLock Protector LLC (registration number: 3277 LLC 2023),
headquartered at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent
and the Grenadines (referred to as "we", "us", "our", or the "Company"), and you, the user of
our Platform and Services.
Take the time to read through these Terms thoroughly to ensure comprehension. By clicking
the “Accept” button on the Platform, you automatically acknowledge and agree to be legally
bound by these Terms. If you disagree with any aspect of the Terms, it's important not to
proceed with accessing the Platform or using our Services. Additionally, we urge you to
review our Privacy Policy, which is an integral part of these Terms. The Privacy Policy
outlines how we handle your personal data.
Periodically, we may revise and update these Terms, with the most recent version being
posted on the Platform. You may receive an invitation to review and accept the revised Terms
to maintain access to the Platform and utilize our Services. We advise all users to routinely
review the Terms on the Platform. You have the option to print and save a copy of these
Terms for your records. By continuing to access the Platform and use the Services, you are
considered to have accepted the updated Terms.
If you believe there is an error in these Terms or if you have any questions, please don't
hesitate to contact us for discussion at support@cybro.io. In the event that we need to
communicate with you, we will do so in writing via the email address provided by you.
Therefore, it's crucial to confirm that you have provided a valid email address that is used
personally by you. Please note that the terms "writing" or "written" in these terms encompass
communication via email.
Definitions
To access the Platform and utilize the Services, it is necessary to have signed up with an
Account. By registering an Account, you agree to furnish complete and accurate information
as requested. Additionally, you commit to regularly updating your provided information to
ensure its integrity and accuracy. If you provide any information that is untrue, inaccurate,
not current, or incomplete, we have the right to suspend or terminate your Account and refuse
any and all current or future use of the Platform and using the Services (or any portion
thereof).
The Company reserves the right, at its sole discretion and without any liability to you, to
decline registration of an Account if the provided information is found to be outdated,
incomplete, or incorrect.
Registration of multiple Accounts is prohibited. The Company retains the right to block Users
found to have two or more Accounts.
The Company strictly prohibits any involvement in illicit activities, including but not limited
to money laundering, terrorist financing, or violations of trade sanctions, in accordance with
the laws, regulations, and standards of various jurisdictions. Consequently, the Platform and
Services are not extended to individuals or entities listed on any Politically Exposed Persons
("PEP") lists, or those subject to sanctions or watch lists imposed by the United States,
European Union, or other global entities. By creating an account, you confirm that you are
not listed on any such watchlists.
In instances where we do not verify the identities of individuals using an Account, we cannot
be held liable for any unauthorized use of the Account by third parties. Should you become
aware of any unauthorized activity on your Account, it is imperative to notify us
immediately. Please be aware that we may require verification of your identity and
confirmation of Account ownership
We reserve the right, based on our sole discretion, to collect specific personal information
from you to ensure compliance with various laws, regulations, and policies, including those
governing Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT)
requirements. You should provide us with the requested information promptly; failure to do
so may result in restrictions being imposed on your Account.
The Know Your Customer (KYC) process may be essential for accessing the Platform,
utilizing our Services, and participating in certain Projects. Consequently, we maintain the
following rights:
1. Requesting any relevant information and documentation necessary for conducting
KYC in accordance with AML/CFT regulations or Applicable laws.
2. Temporarily restricting an Account until completion of the KYC procedures.
3. Denying access to the Platform, use of our Services, or participation in Projects if
there are valid suspicions regarding a User's presence on sanctions lists or violation
of pertinent AML/CFT regulations or Applicable laws. We also reserve the right to
cooperate with competent authorities or investigations in compliance with lawful court
orders.
4. Disclosing KYC information to governmental agencies or regulators as mandated by
valid requests or court orders.
In cases where there are reasonable grounds to suspect that User transactions or Service
utilization may be associated with dubious or illegal activities, we reserve the right to
suspend, restrict, or delete Accounts as necessary. Please note that any resulting damages or
losses incurred by Users in such instances shall not be attributed to the Company.
You acknowledge that we may choose to disclose information or delegate KYC procedures to
third-party service providers, who may require you to agree to their own terms and conditions
or privacy policies.
CYBRO Tokens
CYBRO Tokens play a pivotal role within the Platform and Services. Classified as utility
tokens, CYBRO Tokens are designed solely for use within the Platform. It's important to note
that CYBRO Tokens do not grant any rights, explicit or implied, beyond the right to utilize
them as a means of participation in Projects and Services, in accordance with their intended
purpose.
These tokens, along with any associated benefits, are not intended to function as digital
currency, securities, commodities, or any other financial instruments. They do not confer
corporate rights or stakes, nor do they entitle holders to future revenue shares, intellectual
property rights, or any other form of participation in or relating to the Company. Holders of
CYBRO Tokens do not have entitlements to dividends, revenue rights, or voting rights within
the Company. Their rights are limited to those associated with the Platform and Services, as
outlined in these Terms.
It's acknowledged and agreed that the Platform is in its early developmental stages and may
undergo significant changes over time. Users must understand and accept that upgrades to
CYBRO Tokens may be necessary. Choosing not to participate in such upgrades may result
in the inability to use CYBRO Tokens, with non-upgraded tokens losing their functionality
entirely.
Users also acknowledge and agree to the following risks associated with accessing,
purchasing, selling, using, or holding CYBRO Tokens:
Users understand that the price and liquidity of blockchain assets, including utility tokens like
CYBRO Tokens, can be highly volatile and subject to significant fluctuations. Additionally,
CYBRO Tokens are not legal tender and are not backed by any government.
By accepting these Terms and purchasing CYBRO Tokens, users expressly acknowledge,
accept, and assume all risks outlined herein. All risk of loss transfers to the user upon
purchase of CYBRO Tokens. Users are solely responsible for evaluating the risks associated
with CYBRO Tokens and agree that the Company will not be liable for any damages
resulting from such risks.
The acquisition and utilization of CYBRO Tokens are governed by the following terms
During timeframes designated on the Platform, CYBRO Tokens may be acquired solely for
the purpose of accessing Platform features, Services, and participating in Projects, with a full
awareness of associated risks. It's understood that CYBRO Tokens are not acquired for
investment, speculative, or financial purposes.
CYBRO Tokens can be purchased directly from the Company through the Platform. To
facilitate such purchases, users must possess a compatible Wallet associated with the
supported blockchain network, sign it, and provide the relevant address. The Company
reserves the right to offer additional guidance on specific Wallet requirements. Users
explicitly waive the right to seek reimbursement for any lost or misplaced CYBRO Token
payments or receipts due to non-compliance with such guidelines. The Company shall not be
held responsible for any delays, losses, costs, non-deliveries, or other issues arising from
failure to provide or inaccurately providing a Wallet address.
Payment for CYBRO Tokens will be accepted in native coins (ETH, BNB, or MATIC) or
USDT, with the exchange rate determined solely by the Company. The Company lacks
insight or control over blockchain payments or transactions and cannot reverse any
transactions, thus absolving itself of liability for any resulting claims or damages.
CYBRO Tokens purchased through the Platform will be distributed and delivered as
described on the Platform. However, the Company reserves the right to extend delivery
deadlines by up to 72 hours to address unforeseen technical difficulties or security issues.
The purchase price for CYBRO Tokens excludes all applicable taxes. Users are solely
responsible for determining and fulfilling any tax obligations associated with their purchase,
including sales, use, value-added, or similar taxes. The Company will not withhold, collect,
report, or remit any such taxes, and users agree not to hold the Company liable for any tax
liabilities arising from CYBRO Token transactions.
CYBRO Token purchases are final, with no refunds or cancellations except as required by
applicable law or regulation. Users waive any statutory or contractual right to withdraw from
or rescind purchases. The Company reserves the right to refuse or cancel CYBRO Token
purchase requests at its discretion.
If purchasing CYBRO Tokens on behalf of a legal entity, users represent and warrant that the
entity is duly organized and authorized to act on its behalf. Users also represent and warrant
that they possess sufficient understanding of utility tokens, have obtained adequate
information about CYBRO Tokens, comply with Applicable Law, and waive the right to
participate in class action lawsuits against entities involved in CYBRO Token distribution.
CYBRO Tokens grant access to tiered Projects, subject to the terms outlined for each specific
Project. The Company may offer special programs providing rewards, such as free CYBRO
Tokens, as incentives for user contributions to the Platform ecosystem and participation in
Projects.
Content provided on the Platform serves as general information for personal use only and
should not be relied upon as financial or investment advice. Prior to taking any action based
on such Content, it is essential to seek professional or specialist advice.
We and our partners retain exclusive ownership of all rights, title, and interest in the
Platform, related software, and the Content, including associated intellectual property rights.
This encompasses source and object code, trademarks, logos, graphics, photographs, videos,
animations, copyrightable gameplay, and texts. Specifically, any elements containing
"CoinLock Protector" or "CYBRO" are our exclusive property. These Terms do not imply the
transfer of intellectual property rights unless explicitly stated. Unauthorized use of any
Intellectual Property is prohibited without our express, prior, written consent.
You agree not to copy, rent, lease, sublicense, loan, translate, merge, adapt, vary, alter,
modify, or combine the Platform or related software with other programs, and to adhere to
the rules outlined in these Terms.
Service Availability
The Company cannot guarantee that the Platform will always be available, uninterrupted,
timely, secure, or free from bugs, viruses, errors, or omissions. There may be occasions when
the Platform is inaccessible due to maintenance or technical issues. Additionally, we reserve
the right to change, suspend, or discontinue certain Services without prior notice.
While we make reasonable efforts to provide access to the Platform and Services, we are not
liable for any non-performance of our obligations under these Terms if prevented by events
beyond our reasonable control.
We will endeavor to ensure the Platform and related software are free from viruses and
malicious software, but we recommend using appropriate anti-virus software as a precaution.
On certain pages, you may encounter links to third-party websites and advertisements. These
links are provided by third parties and not by us. While we do not endorse any third-party
website, we do supply links to our trusted third-party services for users to purchase CYBRO
Tokens or proceed with KYC.
Subject to Applicable Law, we are not responsible or liable for anything that occurs to you or
your data when you visit these third-party websites or use third-party services.
If you visit any third-party website, please be aware that it may have its own terms of use,
license agreement, and privacy policy that you should review.
Indemnification
To the maximum extent permitted by applicable law, you agree to indemnify, defend, and
hold harmless the Company and its partners from any and all actual or threatened claims,
lawsuits, demands, actions, investigations, liabilities, judgments, damages, penalties,
interests, fees, losses, expenses (including attorneys’ fees and expenses), and costs arising
from or related to:
1. Your purchase, acquisition, or use of CYBRO Token or the Platform.
2. Your performance or non-performance of responsibilities or obligations under these
Terms.
3. Your breach or violation of these Terms.
4. Any inaccuracies in representations or warranties made by you.
5. Your violation of the rights (including intellectual property rights) of any other person
or entity.
6. Any negligent, unlawful, or willfully misconduct acts or omissions by you.
This indemnity is in addition to, and not in lieu of, any other remedies available under
applicable law. If the Company or its partners are required to respond to a third-party
subpoena or other compulsory legal order, you will also reimburse reasonable attorney fees
and costs incurred in responding to such orders.
You agree to promptly notify the Company of any third-party claims, actions, or proceedings
involving the Company resulting from these Terms. The Company may participate in such
proceedings with counsel of its choosing.
Disclaimer
Limitation of liability
We are also not responsible for the following types of loss or damage that may arise:
1. Unauthorized persons who have gained access to your Account (including minors or
unauthorized third parties).
2. Loss or liability incurred by you as a result of accidentally making a purchase.
3. Users are advised to exercise due diligence when communicating or responding to any
social media platform accounts in the name of CYBRO. We urge users to take
precautions when divulging information and to verify the validity of the source. If in
any doubt, contact support@cybro.io. We make every effort to inform our users via
our social media platforms of any persons/companies or potential scams that may be
impersonating us.
Miscellaneous
Force Majeure. We will not be in breach of these Terms or liable for any delay or failure to
perform any obligation under these Terms where the delay or failure results from any event,
circumstance, or cause beyond our reasonable control. The Parties agree that due to the
specific nature of the blockchain field, the circumstances of force majeure shall include, but
shall not be limited to, hacker attacks, market disturbances, change of laws or regulations,
adverse regulatory or enforcement action of public authorities, technical failures, and the like.
Governing Law, Jurisdiction and Disputes Resolution. These Terms, your access to the
Platform, use of the Services, and other related activities will be governed by and construed
in accordance with the laws of Saint Vincent and the Grenadines. Any dispute, claim, or
controversy arising out of or relating to these Terms or the existence, breach, termination,
enforcement, interpretation, or validity thereof, or your access to the Platform and use of the
Services, whether before or after the date you agreed to the Terms, will be settled by the
courts of Saint Vincent and the Grenadines. This will preclude you from bringing any class,
collective, or representative action against us, and also preclude you from participating in or
recovering relief under any current or future class, collective, consolidated, or representative
action brought against us by someone else. Prior to filing any claims in accordance with this
clause, you undertake to send such a claim or request directly to the Company via email. You
agree that you will not file any claims in accordance with this clause earlier than 30 (thirty)
days after sending such a claim or request to the Company in accordance with this clause.
Any claim filed with the court contrary to the rules set out in this clause shall be rejected
immediately by the tribunal as premature.
Consumer rights. By using Services, purchasing CYBRO Tokens, and participating in the
Projects, you waive any consumer protection rights and distance selling rights you may have
under any Applicable Law, and agree that the Company shall not be liable for any damages,
losses, or other liabilities arising from this. You, as a user of Services, purchaser of CYBRO
Token, and participant of the Projects, warrant to the Company that you are not acting as a
consumer, and the provisions of any applicable consumer protection rules or any consumer
protection rights, including distance selling rules, shall be excluded to the fullest extent
permitted by any applicable law.
Assignment. The Company may assign or transfer any or all of its rights under these Terms,
in whole or in part, without obtaining your consent or approval. You may not assign or
transfer any of your rights or obligations under these Terms without prior written consent
from the Company.
No waiver. The Company’s failure to assert any right or provision under these Terms shall
not constitute a waiver of any such right or provision. No waiver shall be considered a further
or continuing waiver of such term or any other term.
No partnership or agency. Our agreement does not create any form of partnership, joint
venture, or similar relationship between the Parties. Except as otherwise provided herein,
these Terms are intended solely for the benefit of the Parties and are not intended to confer
third-party beneficiary rights upon any other person or entity.
Severability. If any provision of these Terms is, for any reason, held to be invalid or
unenforceable, the other provisions of these Terms will be unimpaired, and the invalid or
unenforceable provision will be deemed modified so that it is valid and enforceable to the
maximum extent permitted by Applicable Law.
Notices and Communication. We may provide any notice to you under these Terms by
posting a notice on the Platform or sending an email to the email associated with you. Notices
we provide by posting on the Platform will be effective upon posting, and notices we provide
by email will be effective when we send the email. All communications and notices to be
made or given pursuant to these Terms must be written in the English language. You agree
and acknowledge that all agreements, notices, disclosures, and other communications that we
provide to you, including these Terms, will be provided in electronic form. You may contact
us by email: support@cybro.io.