Welcome to CosVM! These terms of use ("Terms") outline the conditions and guidelines for your interaction with CosVM and its associated platforms. By using or accessing our services, you agree to be that the following Terms and Conditions. Please read them carefully.

General

Responsibility: You are solely responsible for your use of CosVM services, and we are not liable for any losses or damages resulting from your usage, including incorrect use, technical failures, unauthorized access, legal issues, or third-party fraud.

Compliance: Use our services in compliance with all applicable laws and regulations. Prohibited activities include funding illegal activities, evading export restrictions, engaging in illegal money transmission, or violating any laws governing service usage. We reserve the right to terminate your access if you breach this provision.

Restricted Access: Due to regulatory restrictions, CosVM services are not available to residents or citizens of the United States. By using our services, you confirm that you are not located in or a citizen of the United States.

Risks Associated with Service Use

Acknowledgment of Risks: Using CosVM services involves inherent risks, such as technical failures, legal uncertainties, market volatility, and fraud. By using our services, you acknowledge and assume these risks.

Security: You are responsible for securing your wallet and private keys. Loss of access due to misplaced private keys is your sole responsibility, and we are not liable for any resulting loss or damages.

Purchasing and Ownership of CosVM Coins (CVM)

Payment: Follow specified payment instructions for purchasing CosVM Coins. We will only deliver coins after receiving full payment, verified through network confirmations.

Refunds: All coin purchases are final and non-refundable, except as required by law or expressly agreed upon in writing. You bear the risks associated with any refund.

Tax Obligations: You are solely responsible for determining and fulfilling tax obligations related to your coin purchase.

Coin Value: CosVM Coins do not grant ownership rights, represent securities, or confer financial instruments. coin value may fluctuate, and we are not liable for any losses or inability to sell or exchange coins.

User Code of Conduct

Obligations: Users must refrain from using offensive, harmful, or illegal materials. Maintain civility and respect towards others. Impersonation, security interference, and spamming are prohibited.

Illegal Purposes: CosVM Coins must not be used for illegal activities, including terrorism funding, money laundering, or any other unauthorized purposes.

Issuance and Use of CosVM Coins

Purpose: CosVM Coins are designed for use within our blockchain platform, facilitating decentralized governance and participation.

Rights: Coin ownership confers no ownership stake, rights, or financial benefits, except for accessing and interacting with the CosVM network.

Denial of Access and Termination

Termination: We reserve the right to terminate user access for breaches of these Terms.

Indemnification

Indemnification: Users indemnify and hold CosVM harmless from claims related to coin purchase, service usage, or breaches of these Terms.

Disclaimers

No Warranties: CosVM Coins are provided "as is" without warranties. We disclaim all implied warranties and do not guarantee coin reliability or error-free functionality.

Miscellaneous

Entire Agreement: These Terms constitute the entire agreement, and we reserve the right to modify them. Continued use implies acceptance of revised terms.

Governing Law: Any disputes shall be settled according to the laws of the Republic of Seychelles, with a venue in the Court of Victoria. Users waive class-action rights.

Release: Users release CosVM from liability for disputes and third-party acts.

Limitation of Liability: In no event shall CosVM's liability exceed the amount paid for coins.

By using CosVM, you endorse its vision and mission. These Terms aim to create a fair and secure environment for all users.