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🪁Terms of Use (Bonuz Mobile App)

Last update: 05.12.2023

These terms of use (“Terms”) are a binding legal agreement with you. Read them carefully. If you object to any Terms, do not use the Site, Services, or Software. Your use thereof constitutes your acceptance of the Terms.

References in these Terms to “Company”, “we”, “us”, “our” and derivations thereof mean Bonuz Technology DMCC and its operations and Services whether provided under its legal name or any trade or brand name, such as Bonuz®. Bonuz is a registered trademark of Bonuz Technology DMCC in the United Arab Emirates and in other countries.

References in these Terms to “you”, “your” and derivations thereof means each person who visits this site and any other sites of Company (collectively, the “Site”) or uses the applications and software on it or downloaded from it (the “Software”), as well as other services and resources available or enabled via the Site, (each a “Service” and collectively, the “Services”, which term includes the Software and the Site). References to “you” also means the legal entity on whose behalf you visit the Site and obtain any Services.

By using Services, you are deemed to represent to us that you have read, understand, and agree to be bound by the Terms, you are of legal age to form a binding contract with Company, and you have the authority to enter into the Terms personally or on behalf of the legal entity on whose behalf you are using the Services.

You are waiving certain legal rights by using the Services. Disputes between you and Company will be submitted to binding arbitration. You can pursue claims and obtain relief against us only on an individual basis, not as a plaintiff or member in any class or representative action. You are also waiving your right to have your claim heard in a court of law before a jury.

We may modify these Terms at any time in our sole discretion. You consent to the updated Terms by your visitation and or use of the Site or Services following the release of updated Terms.

RISKS AND WARNINGS

You agree and UNDERSTAND that Bonuz Technology DMCC is a software developer and provider of software (App) and does not custody, control, or manage user funds in any manner whatsoever. The Application may enable access to an online, decentralized, and autonomous protocol and environment, and associated decentralized networks, that are not controlled by Bonuz. We do not have access to your private key and cannot initiate a transfer of Virtual Currency or otherwise access your Virtual Currency or your Wallet. We are not responsible for any activities that you engage in when using your Wallet or connect any other of your Wallets inside the Application.

WE ARE NOT A BANK, FINANCIAL INSTITUTION OR CONSULTING FIRM AND DO NOT PROVIDE INVESTMENT, TAX, CONSULTING OR FINANCIAL ADVICE OR SERVICES.

WE ARE SOLELY A TECHNOLOGY CONDUIT BY WHICH YOU MAY ACCESS CERTAIN CRYPTO ASSETS (FUNGIBLE AND NON-FUNGIBLE) AND RELATED FINANCIAL RETURNS, RISKS AND OUTCOMES, INCLUDING, WITHOUT LIMITATION, THOSE DERIVED FROM THIRD-PARTY PROVIDERS OF TECHNOLOGIES, STAKING, YIELD FARMING, MINING AND LIQUIDITY POOL OPPORTUNITIES (COLLECTIVELY, “OPPORTUNITIES”).

WE ARE PROVIDING A NON-CUSTODIAL WALLET SOLUTION VIA THIRD-PARTY PROVIDERS AND THIRD-PARTY INTEGRATIONS. WE DO NOT STORE ANY OF YOUR PASSWORDS, KEYS, PASSPHRASES OR ANY LOGIN INFORMATION ON ANY OF OUR SERVERS OR DATABASES.

YOU DECIDE WHICH OPPORTUNITIES ARE APPROPRIATE FOR YOU. YOU BEAR THE BENEFITS AND RISKS OF YOUR DECISIONS AND THOSE OPPORTUNITIES. YOU MAY NOT RELY ON US FOR THE PERFORMANCE OF THOSE OPPORTUNITIES YOU CHOOSE.

WE ARE NOT YOUR ADVISOR OR FIDUCIARY. WE ARE SOLELY AN ARMS-LENGTH CONTRACTUAL SERVICE PROVIDER. WE DO NOT OWN, CONTROL, OVERSEE OR HAVE RESPONSIBILITY FOR THE OPPORTUNITIES YOU ACCESS. ACCORDINGLY, WE ARE NOT RESPONSIBLE FOR YOUR OUTCOMES OR ANY LOSS YOU INCUR.

WE DO NOT VOUCH FOR, RECOMMEND, OR PROVIDE ANY ADVICE AS TO THE SECURITY, RISKS OR RETURNS OF ANY PURCHASE OR DEPLOYMENT OF FUNDS THROUGH USE OF THE SERVICES. YOU SHOULD NOT RELY ON OUR NEWS FEED, SOCIAL MEDIA POSTS, INFORMATIONAL MATERIALS, OR OTHER PUBLISHED INFORMATION AS SUCH. THEY ARE EDUCATIONAL AND INFORMATIONAL IN NATURE AND THEY DO NOT CONSTITUTE FINANCIAL ADVICE.

YOUR DEPLOYED FUNDS NOR THE YIELD DERIVED FROM SUCH ACTIVITIES IS INSURED OR GUARANTEED BY ANY GOVERNMENT AGENCY OR FUND.

THE COMPARATIVELY GREATER RETURNS DERIVED FROM SUCH ACTIVITIES COMPARED TO TRADITIONAL BANK DEPOSITS REFLECTS THE GREATER RISKS YOU ACCEPT, INCLUDING COUNTERPARTY CREDIT RISK, SYSTEMIC AND OPERATIONAL RISKS, FRAUD RISK, HACKING, RUG PULLS, SMART CONTRACT BASED RISKS AND CRYPTOCURRENCY AND PROJECT RISKS. WE DO NOT ENDORSE ANY OF SUCH ACTIVITIES.

WE DO NOT SANCTION, RECOMMEND OR APPROVE OF ANY OPPORTUNITY MERELY BECAUSE WE LINK TO IT VIA THE SERVICES. SUCH LINKAGES ARE DETERMINED BASED ON OPERATIONAL AND TECHNICAL ISSUES AND DO NOT CONNOTE OUR ASSESSMENT OR APPROVAL OF SUCH THIRD-PARTY OPPORTUNITY. YOU SHOULD SEEK INDEPENDENT LEGAL, INVESTMENT, TECHNOLOGICAL AND TAX ADVICE REGARDING ALL OF YOUR DECISIONS.

1. Use of the Services.

The Site, Software and Services, and the information and content available therein (“Company Content”) are protected by copyright laws and trade secret protection, among other intellectual property rights. Subject to the Terms, Company grants you a limited license to use our Company Content solely as required to use the Services for your personal purposes. Your right to use any Company Content is subject to these Terms. You have no right to any Company Content or to Company’s Site, software or services except as set out in these Terms.

Subject to your compliance with the Terms, the Company grants you a non-assignable, non-transferable, non-sublicensable, revocable, and non-exclusive license to use the Software on computers you own or control solely for your personal purposes.

You are responsible for the security of the device on which it is installed, including ensuring that you keep anti-virus Software current and otherwise protect the device on which the Software is installed against malware. Company is not responsible for any loss or damages – including loss of funds or lockout from accounts accessed via the Software – resulting from your failure to keep the device on which the Software is installed safe and free of any malware. The company cannot recover passwords or unlock account information stored on the Software in any circumstances, including if the Software is compromised by malware on your computer, and it is your sole responsibility to take all reasonable precautions to secure and backup your copy of the Software and the information stored on it. The company cannot recover passwords used to log into the Software via any social media and any other third-party providers.

1.0.1 Non-Custodial. The Bonuz Waller App “the Software” is non-custodial. You will remain in control of the digital assets stored in your wallet at all times and Bonuz will never have custody of, or any control over, those digital assets. For the avoidance of doubt, you will at all times be responsible for securing the private key(s) necessary to sign transactions from the blockchain address(es) you choose to connect to Bonuz, and Bonuz will not have access to, or take possession of, such private key(s) or otherwise have the ability to control the digital assets stored in your wallet.

1.1 Updates. The Software and Services are evolving and you may be required to accept or install updates to the Software or Services or update third-party Software (i.e., browsers or OS) in order to keep using the Software or Services or access their latest features, including security updates. We may update the Software and Services at any time, without providing notice.

1.2 Certain Restrictions. By accessing the Services, you agree not to: (a) license, sell, rent, lease, transfer, assign, reproduce, distribute, host, make available or otherwise commercially exploit the Site, Software or Services or Company Content, or any portion thereof, including on a service bureau or equivalent basis; (b) remove or modify any trademark, logo, or other Company Content, (including images, text, page layout or form); (c) use any metatags or other “hidden text” using Company name or trademarks, logo or Company Content; (d) search for, access or change, modify, translate, adapt, merge, make derivative works of, disassemble, decompile, reverse compile or reverse engineer any part of the Services or Software; (e) use any manual or automated Software, devices or other processes (including spiders or other data mining tools) to “scrape” or download data from any web pages in the Site; (f) access the Site, Services, or Software in order to build a similar or competitive Site, Services, or Software; (g) copy, reproduce, distribute, republish, download, display, post or transmit any Company Content except as expressly permitted herein; and (h) remove or destroy any copyright notices or other proprietary markings contained on or in the Services or Company Content. Company, its suppliers and service providers reserve all rights not granted in the Terms. Any unauthorized use of the Services terminates the licenses granted by the Company herein.

1.3 Third Party Providers.

The Services may incorporate or may provide access to, applications or materials that are hosted by another party, including crypto assets, such as Ethereum, Bitcoin, and various ERC-20 tokens.

The Services may also provide access to third-party solutions for wallet creation through digital identities (e.g., Google Accounts), embedded wallets, and account abstraction, that may match your wallet address with your e-mail address (e.g., Social Logins),. If you create a wallet or use such third-party services, you agree and acknowledge that you are using those services directly from the applicable third-party providers. You acknowledge and agree that Bonuz does not provide such services, has no control over their security, has no control or custody over your assets, and has no liability or responsibility for them.

The Services include but are not limited to the vendors listed below with their corresponding terms of service:

Your wallet and other third-party account, clearing, swapping and service providers (collectively, “Third Party Providers” and their services “Third Party Services”). You understand and agree that all cryptocurrency exchanges provided through the Services are executed by Third Party Providers and that the Company does not itself directly exchange virtual currencies as of the date of these terms. You understand that the company does not hold any assets or virtual assets in custody. Access to Third Party Providers may be geo-blocked for residents of certain countries and the United States. There can be no assurance that any security measures that we or Third Party Providers have implemented will be effective against current or future security threats.

NEVER STORE YOUR PRIVATE KEY IN NON-SECURE SYSTEMS (E.G. EMAIL, ). NEVER SHARE YOUR PRIVATE KEY WITH ANYONE. NEVER TAKE A SCREENSHOT OF YOUR PRIVATE KEY. WE WILL NEVER ASK YOU TO DISCLOSE YOUR PRIVATE KEY.

Third-party providers are available to you, subject to the terms and conditions of each Third Party Provider. To the extent Third Party Providers have terms that differ from these Terms, you may be required to agree to those terms in order to access their services. We do not control the terms, policies, or performance of any third party, and are not responsible for their performance, or failure to perform, their services, including exchange rates, processing of transactions, and similar activities. We do not provide customer support for transactions performed on Third Party Provider’s Software, Site, or Services. When you leave the Company Software and access the third-party’s software, their terms of service govern your actions.

1.4 User Content. You are responsible for all data and information provided or uploaded by you to the Services (“User Content”), whether publicly posted (i.e., in a user forum, if applicable) or privately transmitted (i.e., to us in connection with a support request). You are solely responsible for the accuracy and completeness of User Content you submit, and represent and warrant that you have all rights required in order to post such User Content. We may, in our sole discretion, delete any User Content that we determine violates these Terms. To the extent that you provide us with or we may have access to any information that allows us to identify you or any other individual (“Personal Information”) in connection with your use of the Services, we will preserve, safeguard, and use such information as outlined in our Privacy Policy.

1.5 Necessary Equipment and Software. You must provide all equipment and Software necessary to connect to and use the Services. You are solely responsible for any fees, including Internet connection or mobile fees, that you incur when accessing or using the Services.

1.6 Prohibited Use. In order to allow other users to have a full and positive experience of using Bonuz you agree that you will not use Bonuz in a manner that:

  • **Infringes or violates the intellectual property rights or any other rights of anyone else (including us);

  • **Is illegal, harmful, fraudulent, deceptive, threatening, harassing, defamatory, obscene, or otherwise objectionable;

  • **Violates law provisions regarding money laundering, drug trafficking, human trafficking, weapon trafficking, terrorism, securities fraud, or tax evasion;

  • **Jeopardizes the security of your wallet or anyone else’s (such as allowing someone else to log in to the Application as you);

  • **Attempts, in any manner, to obtain the private key, password, account, or other security information from any other user, including such information about the digital wallet; **Violates the security of any computer network, or cracks any passwords or security encryption codes; or

  • **Decompiles, reverse engineers, or otherwise attempt to obtain the source code or underlying ideas or information of or relating to the Application.

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