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Terms of Service

1. Introduction

These Terms of Service ("Terms") govern your access to and use of the services provided by geniesbounty.com ("we", "us", or "our"), a decentralized lending platform. By using our services, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use our services.

2. Elegibility

By using our services, you represent and warrant that you are at least 18 years old, have the legal capacity to enter into these Terms, and are not located in or a resident of any country, state, or other jurisdiction where access to or use of our platform is prohibited or restricted by applicable law or regulation. If you are using our services on behalf of an organization, you represent and warrant that you are authorized to bind the organization to these Terms. You acknowledge and agree that it is your sole responsibility to ensure compliance with all laws, rules, and regulations in your jurisdiction, including but not limited to, any restrictions on the use of cryptocurrencies and decentralized finance platforms. We reserve the right to restrict or deny access to our services to users from certain jurisdictions at our sole discretion.

3. Platform Usage

You acknowledge that our platform is built on blockchain technology, and as such, you are responsible for all costs and fees associated with your use of the platform, including but not limited to gas fees and network fees. You also acknowledge that we have no control over the underlying blockchain network and cannot guarantee the availability, functionality, or security of our services.

4. Promotions, Airdrops, and NFTs

We may, from time to time, offer promotions, airdrops, or distribute non-fungible tokens (NFTs) to users of our platform. These promotions, airdrops, and NFTs are subject to the following terms: a. Eligibility: We reserve the right to determine eligibility for any promotions, airdrops, or NFTs at our sole discretion. Participation may be limited to specific users or require the completion of certain actions, such as holding a minimum amount of tokens. b. Disclaimers: We are not responsible for any loss, damage, or harm resulting from your participation in promotions, airdrops, or NFT distributions. You acknowledge that the value of tokens and NFTs may be volatile and can change rapidly. c. Taxes: You are solely responsible for any taxes related to your participation in promotions, airdrops, or NFT distributions.

5. Risks and Disclaimers

You acknowledge and agree that using our platform involves various risks, including but not limited to, the following: a. Technical Risks: You understand that blockchain technology is inherently experimental and may be subject to bugs, vulnerabilities, and unexpected changes. You acknowledge that we are not responsible for any loss or damage resulting from such issues. b. Regulatory Risks: The legal and regulatory landscape surrounding decentralized finance is evolving rapidly. You agree to comply with all applicable laws and regulations, and you acknowledge that we are not responsible for any legal consequences arising from your use of our services. c. Financial Risks: You acknowledge that using our platform involves financial risk, including but not limited to market volatility, liquidity risks, and the risk of losing all or part of your assets. You agree to use our services at your own risk and assume full responsibility for any losses or damages that may result.

6. Limitation of Liability

To the maximum extent permitted by applicable law, we and our affiliates, officers, directors, employees, and agents shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or other intangible losses, resulting from your use of our services.

7. Indemnification

You agree to indemnify, defend, and hold harmless geniesbounty.com, its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, or expenses, including reasonable attorneys' fees, arising out of or in connection with your use of our services or your breach of these Terms.

8. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law principles. Any disputes arising out of or in connection with these Terms or your use of our services shall be resolved through negotiation, mediation, or arbitration as agreed by the parties.

9. Amendments and Updates

We reserve the right to amend or update these Terms at any time and at our sole discretion. We will notify you of any material changes by posting the updated Terms on our platform or by other means as deemed appropriate. Your continued use of our services after the effective date of any changes constitutes your acceptance of the revised Terms.

10. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall remain in full force and effect, and the invalid, illegal, or unenforceable provision shall be deemed replaced by a valid, legal, and enforceable provision that most closely reflects the original intent of the parties.

11. No Waiver

Our failure to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision, and no waiver of any term shall be deemed a further or continuing waiver of such term or any other term.

12. Entire Agreement

These Terms, together with any other policies or agreements referenced herein, constitute the entire agreement between you and geniesbounty.com concerning your use of our services and supersede all prior or contemporaneous understandings, agreements, or communications, whether written or oral, regarding the subject matter herein.

13. Contact Information

If you have any questions, concerns, or comments about these Terms or our services, please contact us at GeniesBounty@proton.me.