These Terms of Use and the iotalabs Privacy Policy (together the “Agreement”) apply to your use of the website iotalabs.io (the “Website”) and form a legally binding agreement between you and iotalabs, operated by Rising Phoenix 2 Ltd, a BVI Business Company, with registration number 2143880, whose registered office is at Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands (“iotalabs” or “we/us”).
The information provided on this Website is for informational purposes only and should not be taken as any form of investment or legal advice. Conduct your own research and due diligence when engaging with any project or service.
We are not responsible for the accuracy or completeness of the information provided. Any reliance on this information is at your own risk.
We may amend or update these terms from time to time and without notice. Your continued use of the Website after the changes have taken effect will constitute an acceptance of the updated terms.
Any use of the Website is conditional on your acceptance of the terms of this Agreement, including any modifications or updates to the Agreement. If you do not agree to the terms of the Agreement, then you may not use the Website.
The Website may feature, review and otherwise refer to certain third-party services, such as cryptocurrency tokens and other crypto-asset projects, non-fungible tokens, decentralised applications and services, decentralised finance projects, wallets and other Web3 services, startups and projects (hereinafter referred to as “Third-Party Services”). These Third-Party Services are not controlled or provided by us and we are unable to assist you in relation to any use or engagement with them. You are solely responsible for your use of any Third-Party Services.
IOTALABS DOES NOT CONTROL THE THIRD-PARTY SERVICES (AS DEFINED ABOVE) THAT MAY BE USED OR REFERENCED IN THIS WEBSITE AND CANNOT PROVIDE ANY ASSISTANCE OR SUPPORT REGARDING YOUR USE OF THE THIRD-PARTY SERVICES. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE EXPRESSLY DISCLAIM ANY LIABILITY WHATSOEVER FOR ANY DAMAGES ARISING FROM THE USE OF THE THIRD-PARTY SERVICES INCLUDING DIRECT, INDIRECT, INCIDENTAL, PUNITIVE, EXEMPLARY, SPECIAL, OR CONSEQUENTIAL DAMAGES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
YOUR USE OF ANY THIRD-PARTY SERVICES IS AT YOUR SOLE RISK, AND WE ARE NOT RESPONSIBLE FOR ANY DAMAGES OR LOSSES RESULTING FROM YOUR USE, INCLUDING CHANGES TO OR TERMINATION OF THE THIRD-PARTY SERVICES, DELAY, FAILURE, UNAUTHORISED ACCESS, ALTERATION OF TRANSMISSION OR DATA, TRANSACTIONS, ACTIVITIES OF THIRD PARTIES, OR DATA/MATERIAL ACCESSED THROUGH THE THIRD-PARTY SERVICES. WE MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY OR FUNCTIONING OF THE THIRD-PARTY SERVICES.
YOU EXPRESSLY WAIVE AND DISCHARGE US FROM ANY LIABILITY, CLAIMS, CAUSES OF ACTION, OR DAMAGES ARISING FROM OR CONNECTED TO YOUR USE OF ANY THIRD-PARTY SERVICES.
Please refer to our Privacy Policy for information on how we and our third-party service providers process data in relation to your use of the Website.
You may not use the Website for any purpose that is unlawful or prohibited by these Terms of Use or by any applicable law. The following activities are specifically prohibited when using the Website:
The Website and its entire contents, features and functionality (including but not limited to all information, software, text, displays, images, video and audio, and the design, selection and arrangement thereof), are owned by the IOTA Foundation, its licensors or other providers of such material and are protected by copyright, trademark, patent, trade secret and other intellectual property laws. All unauthorised use of such content is prohibited. Please see our Trademark Policy for more information about how to use the IOTA trademarks when referring to IOTA.
The Website is offered "as is", and iotalabs makes no representations or warranties of any kind, whether express or implied, regarding the Website or its use.
iotalabs does not warrant that the use of the Website will be uninterrupted or error free and expressly disclaims any representations and warranties as to the merchantability, fitness for a particular purpose, and non-infringement of third-party rights. No representations or warranties are made that the Website or any Third-Party Services made available through the Website will be free from malfunctions, errors, or harmful components. All use of the Website and any Third-Party Services is therefore at your sole risk as a user.
The information provided on this Website is for general informational purposes only and should not be construed as financial advice or a recommendation to purchase or invest in any asset or project featured or mentioned on the Website. We make no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of the information contained herein. The information on this Website should not be used as a substitute for professional financial advice. Any investment decisions should be based on independent research and consultation with a qualified financial advisor. We shall not be liable for any losses, damages, or expenses arising from your use of the information contained on this Website.
As the user, you are responsible for the safekeeping of your private keys, passwords, back-up phrases and any other information used to access your crypto-assets. You are responsible for taking appropriate action to back up any necessary information that you need to access your crypto-assets and to keep such information safe. iotalabs does not have access to your private keys, passwords or other information used to access your crypto-assets. If you lose your private keys, passwords or backup phrases, your crypto-assets will become inaccessible.
You confirm that you have sufficient financial and technical knowledge to use this Website and to use the Third-Party Services and that you understand the inherent risks associated with blockchain-based systems, including potential security breaches, hacks, bugs, programming errors, and the immutability of code, which may result in financial losses. You are using any Third-Party Services at your own risk.
You agree and accept that iotalabs is not accountable for these risks, does not control your transactions, does not act on your behalf in any way and cannot assist you if the Third-Party Services fail to operate as intended. Consequently, you agree to assume full responsibility for all risks associated with using any Third-Party Services.
You are solely responsible for your use of this Website and your use of the Third-Party Services. This means that:
In no event shall the iotalabs be liable for any claim, damages or any other form of liability, whether in action or in tort, arising from or in connection with your use or inability to use the Website, or any Third-Party Services or websites linked to this Website, or any content provided on the Website or those other websites or Third-Party Services. We further disclaim all liability arising from any reliance you placed on the materials provided on the Website, including the content provided by third parties. Any links to other websites and Third-Party Services are provided for your convenience. They do not signify any endorsement by iotalabs of such other websites or Third-Party Services. We have no control over or responsibility for the content provided on such other linked websites and Third-Party Services.
To the fullest extent permitted by law, we shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data, or other intangible losses.
We assume no liability, in particular for errors, mistakes, or inaccuracies; unauthorised access to secure servers and personal/financial information; interruption or cessation of transmission; bugs or viruses transmitted by third parties; or errors/omissions in content/materials. Some jurisdictions may not allow the exclusion or limitation of incidental or consequential damages, so these limitations/exclusions may not apply to you.
We do not accept any liability for transactions, due to a lack of control over transaction processes. We are therefore expressly not responsible for any claims, damages or any other type of liability caused by any Third-Party Services. In no event will iotalabs be liable to you for any losses caused by user-error, software or system malfunctions, errors, interruptions, delays or inability to use any Third-Party Services, including any losses caused thereof to the you or any third party.
iotalabs does not accept any liability for the liabilities of users towards other users or third parties, such as due to non-fulfilment of concluded contracts.
iotalabs shall not be liable for any loss or theft of the user’s digital assets including, but not limited to the loss of the user’s private keys, configuration, installation or transaction errors made by the user, or late execution or late settlement of any transaction.
The liability restrictions and liability exclusions contained in this contract also apply to liability for official bodies and/or managerial staff and non-managerial staff as well as for other agents of iotalabs. They also apply to the personal liability of the above-mentioned persons.
This Agreement constitutes the entire agreement between you and the iotalabs with respect to your use of the Website and supersedes and extinguishes all previous written or oral agreements or understandings in this respect.
If any provision or part-provision of this Agreement is or becomes invalid, illegal or unenforceable, it shall be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision shall be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause shall not affect the validity and enforceability of the rest of this Agreement.
These terms are governed by and construed in accordance with the laws of the British Virgin Islands. Any dispute or legal claim resulting from the operation or use of the Website shall be subject to the exclusive jurisdiction of the courts of the British Virgin Islands.
These Terms are effective as of October 15, 2024