You, as a Client, must warrant and represent that your Service usage will stay compliant with all applicable regulations and laws. You are completely responsible for understanding whether or not the 01node Service is suitable for you in respect of such data privacy laws and regulations as GLB, HIPAA, GDPR, similar or any other applicable laws. In case you use Our Service and you are subject to the aforementioned laws or regulations, then the 01node service is not liable if the Platform does not meet those required criteria.
Moreover, you take complete responsibility for any other laws and regulations in your jurisdiction whether they restrict or allow you to use such services as 01node. 01node is not liable for any of your actions that violate your laws in your jurisdiction through the usage of the Service.
Ownership and Intellectual Property
The 01node Validator owns all proprietary rights in the Service which include the domain (https://01node.com), such marketing materials as logos, color schemes, design, and also, but not limited to, copyrights, trademarks, trade secrets, service marks, development practices, proprietary software, and other intellectual property rights. You as a Client is obligated to respect all intellectual property of the 01node Validator mentioned above, which is protected by law.
You are allowed to use our Service as it is provided by the 01node Validator, without any modifications to the software or the Service that we provide. Modifying any software created by Our Company without prior notice is restricted. Additionally, extracting and using source code created by the 01node Validator is also restricted.
You shall not perform any unlawful actions against the Company, that may create a huge load on our infrastructure interfering the normal work of the Company; attempt to bypass or circumvent any security mechanisms, gain unauthorized access to any type of our computer systems, conduct any activities that may disrupt the work of the Company, run malicious code such as worms, trojans, cryptojacking software and other types of the viruses against the Company, including, but not limited to, computer networks or computer systems.
It’s also prohibited to launch any software (“crawlers”, “spiders”, “auto-responders”) or devices on the Company, that will automatically or manually collect any data on the Website, or will spam on the Company. In case a User or any other individual has damaged any part of the Service due to any type of the cyber attack, then this case will be reviewed and provided to Law Enforcement, which will act accordingly in this situation.
01node Service Provision and Termination
The 01Node provides Staking services to Client using validating nodes. The Company chooses by itself the necessary hardware and network requirements to provide a stable and efficient Staking service to Clients. 01node Validator holds responsibility for server maintenance, new hardware installation, or any server upgrades, software updates and covers all costs associated with these types of operations.
01node conducts revenue share payments based on the amount of cryptocurrency staked by the Client. The payout percentages strictly depend on the type of the staked cryptocurrency, and this information is available on the homepage of the Website under the “network” section.
Client Rights and Obligations
You as a Client of the Company must cover all applicable taxes associated with staking payouts, which may be the subject of the official taxation process in different jurisdictions. In this case, the 01node Validator is not responsible for any Client taxes that were imposed by different legislation systems.
If you want to initiate the withdrawal process, then you have to wait until the Unbonding Period whose length strictly depends on a particular Blockchain network. It’s important to mention that you won’t be able to withdraw your staked cryptocurrency before the Unbonding Period.
Representations and Warranties
Each party represents and warrants to the other Party that:
(iii) it has the full power, authority, and right to perform its obligations and grant the rights it grants hereunder; and
Prohibition of Use
BY ACCESSING AND USING 01NODE STAKING SERVICES SRL, YOU REPRESENT AND WARRANT THAT YOU HAVE NOT BEEN INCLUDED IN ANY TRADE EMBARGOES OR ECONOMIC SANCTIONS LIST (SUCH AS THE UNITED NATIONS SECURITY COUNCIL SANCTIONS LIST), THE LIST OF SPECIALLY DESIGNATED NATIONALS MAINTAINED BY OFAC (THE OFFICE OF FOREIGN ASSETS CONTROL OF THE U.S. DEPARTMENT OF THE TREASURY), HAVE NOT BEEN DESIGNATED BY THE U.S. GOVERNMENT AS A “TERRORIST SUPPORTING ”JURISDICTION, HAVE NOT BEEN INCLUDED IN THE DENIED PERSONS OR ENTITY LIST OF THE U.S. DEPARTMENT OF COMMERCE OR THAT YOU ARE NOT LISTED ON ANY U.S. GOVERNMENT LIST OF PROHIBITED OR RESTRICTED PARTIES.
01NODE STAKING SERVICES SRL RESERVES THE RIGHT TO CHOOSE MARKETS AND JURISDICTIONS TO CONDUCT BUSINESS, AND MAY RESTRICT OR REFUSE, IN ITS DISCRETION, THE PROVISION OF 01NODE STAKING SERVICES IN CERTAIN JURISDICTIONS, INCLUDING BUT NOT LIMITED TO NORTH KOREA, IRAN.
Please note that there are legal requirements in various jurisdictions which may restrict the products and services that 01NODE Staking services can lawfully provide. Accordingly, some products and services and certain functionality within the 01node Staking Services may not be available or may be restricted in certain jurisdictions or regions or to certain users.
You shall be responsible for informing yourself about and observing any restrictions and/or requirements imposed with respect to the access to and use of the 01node Staking Services in each jurisdiction from which the 01node Staking Services are accessed by you or on your behalf. 01node Staking reserve the right to change, modify or impose additional restrictions with respect to the access to and use of the 01node Staking Services from time to time at Our discretion at any time without prior notification.
Limitation of Liability
NO PARTY TO THE TERMS WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE, OR THE COST OF SUBSTITUTE SERVICES ARISING OUT OF OR IN CONNECTION WITH THE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT SUCH PARTY HAS BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY.
TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL CLIENT’S OR COMPANY’S TOTAL LIABILITY TO THE OTHER ARISING OUT OF OR IN CONNECTION WITH THE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED THE AMOUNTS PAID OR PAYABLE BY CLIENT TO COMPANY FOR USE OF THE SERVICES DURING THE TWELVE (12) MONTH PERIOD PRIOR TO THE DATE WHEN THE CLAIM OR LIABILITY FIRST AROSE.
Compliance with Laws/Copyright
Each party shall comply with all Applicable Law in connection with the performance of its obligations and the exercise of its rights in the Services. Without limiting the foregoing, Company respects copyright law in all jurisdictions in which it does business and expects its Clients to do the same. It is Company’s right to terminate, in appropriate circumstances, Clients, which infringe or are believed to be infringing the rights of copyright holders.
Confidential Information and Confidentiality Obligations
Company understands that it may receive confidential information of Client and Client understands that it may receive confidential information of Company. The receiving party agrees not to divulge to any third party any confidential information of another party and not to use any confidential information of another party for any purpose not contemplated by the Terms.
We do not disclose or sell your personal information to any third parties, because we care about your privacy as well as our reputation. It is important to mention that personal information may be disclosed in good faith belief in court or in other legal proceedings in order to protect the personal safety of the Users or employees of the Service, protect the rights or intellectual property of the 01node Staking service, and to prevent some illegal actions that may lead to negative outcomes.
Links to Other Resources