Terms of Service

You must be at least 18 years of age (or the age of legal majority in your jurisdiction) to use our Services. By using our Services, you represent and warrant that you meet this requirement and have the legal capacity to enter into binding agreements.

Our Services are not available to persons or entities in jurisdictions where access or use would be contrary to local laws or regulations. You are responsible for ensuring compliance with all applicable local laws. Specifically, our Services are not available to residents or citizens of:

• Countries subject to comprehensive U.S. sanctions (including but not limited to Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions).
• Any jurisdiction where the use of blockchain technology or digital assets is prohibited.

We reserve the right to implement identity verification (KYC) and anti-money laundering (AML) procedures as required by applicable laws and regulations. You agree to provide accurate information and cooperate with any verification requests.

Certain Services may require account registration. You agree to provide accurate, current, and complete information during registration and to update such information as necessary. You may not create an account using false information or on behalf of another person without authorization.

You are solely responsible for:

• Maintaining the confidentiality of your account credentials and private keys.
• All activities that occur under your account.
• Notifying us immediately of any unauthorized access or security breaches.

We are not liable for any loss or damage arising from your failure to maintain account security.

When connecting blockchain wallets to our Services, you acknowledge that:

• You are the sole owner and controller of the connected wallet.
• All transactions initiated from your wallet are your responsibility.
• Blockchain transactions are irreversible once confirmed.
• We have no ability to recover lost private keys or reverse transactions.

All content, software, designs, logos, trademarks, and other intellectual property associated with our Services ("Foundation IP") are owned by or licensed to The Utility Foundation. You are granted a limited, non-exclusive, non-transferable license to access and use the Services for personal, non-commercial purposes, subject to these Terms.

You retain ownership of content you create and submit through our Services ("User Content"). By submitting User Content, you grant us a worldwide, royalty-free, sublicensable license to use, reproduce, modify, and display such content in connection with operating and promoting our Services.

Certain components of our Services may be released under open-source licenses. Such components are governed by their respective license terms, which may differ from these Terms.

We respect intellectual property rights. If you believe content on our Services infringes your copyright, please contact us at legal@theutilityfoundation.org with a detailed description of the alleged infringement.

You acknowledge and accept the inherent risks associated with digital assets and blockchain technology, including but not limited to:

• Volatility: Digital asset prices can be extremely volatile and may result in significant financial loss.
• Regulatory Uncertainty: The regulatory landscape for digital assets is evolving and may change in ways that adversely affect your holdings.
• Technical Risks: Smart contracts may contain bugs, vulnerabilities, or unintended behaviors.
• Irreversibility: Blockchain transactions cannot be reversed once confirmed.
• Key Management: Loss of private keys results in permanent loss of access to digital assets.
• Network Risks: Blockchain networks may experience congestion, forks, or other disruptions.

Nothing in our Services constitutes financial, investment, legal, or tax advice. You should consult qualified professionals before making any financial decisions. The Foundation does not recommend or endorse any particular digital assets, investment strategies, or trading activities.

You are solely responsible for determining and fulfilling your tax obligations related to digital asset transactions. The Foundation does not provide tax advice and is not responsible for calculating, reporting, or paying your taxes.

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law principles.

Any dispute, controversy, or claim arising out of or relating to these Terms or the Services shall be resolved through binding arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules. The arbitration shall take place in Wilmington, Delaware. Judgment on the arbitration award may be entered in any court of competent jurisdiction.

YOU AGREE THAT ANY DISPUTES SHALL BE RESOLVED ON AN INDIVIDUAL BASIS AND NOT AS PART OF ANY CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. YOU WAIVE ANY RIGHT TO PARTICIPATE IN CLASS ACTION LAWSUITS OR CLASS-WIDE ARBITRATION.

Notwithstanding the above, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent the actual or threatened infringement of intellectual property rights.

These Terms, together with the Privacy Policy and any other policies incorporated by reference, constitute the entire agreement between you and The Utility Foundation regarding the Services.

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign these Terms without restriction.

We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including natural disasters, war, terrorism, labor disputes, government actions, or network failures.