GENIUS ASSETS PLATFORM Terms of Use

Last revised: November 2022

Welcome to Genius Assets Platform!

PLEASE READ THE FOLLOWING TERMS CAREFULLY AS THEY GOVERN YOUR USE OF OUR SERVICES

These Terms of Use is entered into between Genius Assets (hereinafter referred to as “us” or “our) and the User and/or the Visitors, as the case may be (hereinafter referred to as “you” or “your”) and shall govern the use and the rules for using our Services and the Platform.

By using (in any possible way) our Services, you fully agree that you have read, understood, and accepted all the terms and conditions stipulated in these Terms of Use (hereinafter referred to as ‘’Terms’’).

Please be aware that should you decide to use specific Genius Asset Platform’s features, you may be subject to specific Additional Terms applicable to those features, being your responsibility to acknowledge and accept such Additional Terms. 

Accessing and using in any way our Services available on the Platform you fully acknowledge to be bounded by these Terms and/or any Additional Terms applicable thereof.

These Terms constitute a legal agreement and create a binding contract between you and Genius Assets.

  1. Who we are and how to contact us?

Genius Assets is an independent project having the main purpose of creating the greatest digitalized marketplace and yield farming platform developed by Genius Assets LLC using the Blockchain technology.

Among the rapidly increasing interest for Blockchain technology & decentralized finance, Genius Assets is creating an innovative & secure environment for a variety of sectors by utilizing cryptocurrencies as utility tokens, in view of developing a sustainable business model.

Our Platform is a beta technical infrastructure which must be seen only as an online beta tool for using our Services. We offer no guarantee or assurance of the function ability of the Platform and/or its Services.

Genius Assets does not commit and shall not be liable for any failure to support, display or offer any of the features available within the Platform, especially but not limited to the situation in which a damage is caused by any action of a third party. 

To contact us, please email at support@genius-assets.com.

  1. Definitions (a-z)
Additional Termsrefers all additional rules, term and conditions displayed on the Platform which indicates, clarifies and exactly determines the specifications of available on the Platform such as the Referrals Program. 
Blockchainrepresents the technical infrastructure organized in the form of a data base which uses the distributed ledger technology for registering and storing information in an organized manner that generally does not allow the stored information to be erased, except for the case where special restrictive conditions are met.
BUSDrepresents the Cryptocurrency issued by Paxos and Binance on the BNB Chain Blockchain and Ethereum Blockchain, https://academy.binance.com/en/articles/what-is-busd, whose parity is 1 : 1 with the United States Dollar (USD).
Cases of force majeurerepresents extraordinary events or circumstances which neither Party could have foreseen or prevented by reasonable means, including but not limited to natural disasters, war, revolution, uprising civil insurrection, acts of terrorism, expropriation, nationalization, nuclear explosion, radioactive or chemical contamination or ionizing radiation, except lack of funds, which will not be a Force Majeure Case.
Cryptocurrenciesmeans a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography named Blockchain, rather than by a centralized authority.
Cryptocurrency Walletmeans the technical solution that allows a user to store, send or receive Cryptocurrencies/Tokens using the Blockchain, each Public Address having a unique Private Key assigned to.
Delegated Lockingrepresents an innovative concept facilitated by Genius Assets via locking pairings of Stable Coins and IUX tokens in purposefully designed Genius Pools, as shall be available within the Platform.
Genius Accountrepresents the account created by a User on the Genius Assets Platform.
Genius Assetsrepresents an emerging company focused on building the digitalized marketplace and yield farming platform designed to provide an innovative & secure environment for providing DeFi rewards from a vast number of sectors which utilize cryptocurrencies as utility assets, in view of developing a sustainable business model.
Genius Assets Technical Partners (GATP)means the service providers used to offer different features to our users, in connection with the Platform, Validators or in connection with IUX.
Gas Feemeans the fees paid for performing a transaction which are charged by the Blockchain (more exactly, by the miners/validators which validate /record the transaction on Blockchain).
Genius Blockchainrepresents the blockchain infrastructure aimed to be released by Genius Assets as per the roadmap displayed on the Platform, in view of offering multiple application possibilities, faster transactions, as well as upgrade the Marketplace to a level of independence from other engines, and many other features to be confirmed in the future.
Genius Poolsrepresents an innovative solution proposed by Genius Assets, which shall be designed so that Users may deposit within the dedicated section of the Platform pairs of Stable Coins and IUX Tokens during a pre-settled timeframe at the end of which they shall be able to withdraw the amount of such deposits only in IUX, plus the corresponding Rewards specified within the Platform.
Identity Verificationstands for the KYC of the Users procedures put in place by Genius Assets when enrolling in the Platform which entails the submission of a set of documents in order to access all or part of the Services, as the case may be.
IUX Token or IUXmeans the Cryptocurrency type ERC – 20 using the Polygon (MATIC) Blockchain which shall be able to be transferred on Blockchain and used in the manner and according with the utilities provided or which may be available through/on the Genius Assets Platform or any other technical infrastructure which will implement it.
Marketplacestands for the market hub available on the Platform whereby the Users can access and acquire the products and services available therein using the IUX Token.
Platformmeans the technical infrastructure set up in view of allowing the Users to interact with the Services or other various features of the Project, accessible at the following website: https://app.genius-assets.com.
Private Keyrefers to the sequence of characters associated with a Public Address in a Cryptocurrency Wallet and which is required to perform any operation/withdrawal from the Cryptocurrency Wallet. The Private Key offers the holder the unlimited access to the Cryptocurrency Wallet (including to its contents) and should be known only to the holder and must never be disclosed to any another person.
Public Addressrefers to the sequence of different characters (letters and numbers) identifying a Cryptocurrency Wallet and to which technically compatible Cryptocurrencies can be sent.
Referrals Programstands for the series of conditions, as released by Genius Assets, applicable to any participants of the program who can earn specific Rewards that can be computed and interacted within the Platform and in accordance with the Genius Assets Referrals Program Terms of Use.
Rewardmeans the total amount of tokens received by each User for performing any activity vested with such function within the Platform, including deposits in Genius Pools, which shall be computed pursuant to the instructions, terms and conditions applicable to that respective activity. 
Servicesrefers to all features, functionalities, utilities, use cases and actions, of any kind, available on the Platform.
Stakinggenerally, refers to the features related to the action of “locking up” a Cryptocurrency so that it may act as a validator in a decentralized crypto network designed to ensure the integrity, security and continuity of that network.
Staking Propertiesrefers to the particularities of the Staking process, such as the annual reward rate, the unlocking period, the minimum staking amount and so on.
Tokenomicsrepresents the description of the vesting schedule and of the IUX allocation program issued by Genius Assets and made available within the dedicated section of the Platform.
USDTrepresents the Cryptocurrency issued by Tether International Limited on the BNB Chain Blockchain, Ethereum Blockchain or TRON Blockchain, whose parity is 1 : 1 with the United States Dollar (USD).
USDCrepresents the Cryptocurrency issued by Circle Internet Financial, LLC on multiple Blockchains, including BNB Chain and Polygon Blockchain (MATIC), whose parity is 1 : 1 with the United States Dollar (USD).
Userany natural or legal person who has a Genius Account and decided to actively use our Services.
Visitormeans any person who accesses the Platform without using a Service.
Withdraw Tokensstands for the feature through which the Users can withdraw to their Cryptocurrency Wallets the IUX Tokens acquired on the Platform.
Working daymeans a day (other than Saturday or Sunday) when the banks are open for working with the public in Dubai, UAE.
X-Staking Erarepresent a type of Staking process facilitated within the “X-Staking Era” section of the Platform, being conceived as functioning in a number of different stages and being provided with dedicated features for Users’ interaction such as “My Portfolio”.
  1. General provisions

PLEASE BE ADVISED THAT DURING YOUR USE OF THE PLATFORM, UNDER NO CIRCUMSTANCES, WE DO NOT OFFER ANY INVESTMENT OR FINANCIAL ADVICE NOR ARE WE RESPONSIBLE FOR THE USE OR INTERPRETATION OF INFORMATION AVAILABLE ON THE PLATFORM (REGARDLESS THE UPLOADER) OR THE COMMUNICATION METHOD.

All Services are made available by us only to persons who are in full civil capacity of their rights according to the applicable national regulations.

Genius Assets cannot and does not guarantee the Services (including the content of the Platform) accuracy, applicability, reliability, integrity, performance, or appropriateness. Genius Assets shall not be liable for any loss or damage that may be caused directly or indirectly by your use of these contents.

All users MUST UNDERSTAND AND ASSUME the risks associated with the use (regardless the method) of Cryptocurrencies, and it is recommended to exercise a high level of prudence and responsibly assume decisions within their own capabilities, on their own risk.

Please take into consideration that (i) the value of the any Token may change by +/- 100% or more even during the same hour, (ii) failing to comply with all technical requirements/rules for correctly perform a transaction, may cause the permanent loss of the Tokens.

  1. Prohibition of Use and Commitments

Depending on your country of residence, incorporation, or registered office, you may not be able to access or use any of the Genius Assets’ Services. It is your responsibility to follow the rules and laws in your country of residence and/or country from which you access this Platform. 

By accessing and using Genius Assets’ Services, 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), or the denied persons or entity list of the U.S. Department of Commerce. 

Genius Assets reserves the right to choose markets and jurisdictions to conduct business, and may restrict or refuse, in its discretion, the provision of Genius Assets’ Services in certain countries or regions.

  1. Licensing

Subject to the fulfilment of the foregoing Terms, Genius Assets grants you a revocable, limited rights, royalty-free, non-exclusive, non-transferable, and non-sublicensable license ONLY to access and use Genius Assets’ Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use the Platform and/or the Services for resale or commercial purposes, including operations on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function, and access rights regarding the Services should be stipulated in the discretion of Genius Assets. Genius Assets reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using our Services in any way not expressly authorized by these Terms.

To avoid any misunderstanding:

  • these Terms only grant a limited license to access and use Genius Assets’ Services. Therefore, you hereby agree that when you use our Services, we do not transfer our Services or the ownership or intellectual property rights of any intellectual property to you or anyone else. 
  • the content published, all the text, graphics, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the Services or provided as a part of our Services, are exclusively owned, controlled and/or licensed by Genius Assets or its members, parent companies, licensors or affiliates.

Genius Assets owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about the Services that you provide through any means of communication. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to us. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.

  1. Genius Assets’ Services

Genius Assets is offering only the necessary technical infrastructure for facilitating the Users’ access to:

  • the exchanges on which IUX is traded on;
  • access an asset and/or services-dedicated marketplace.
  • withdraw rewards accrued via participation in our Referrals Program, subject to the terms available therein;
  • withdraw IUX Tokens accrued by various legitimate ways available within the Platform;
  • stake their IUX Tokens;
  • participate in the Genius Pools yield farming projects;
  • connect their digital wallet to the Platform, verify their identity and have access to the information displayed therein;

Genius Assets only sets up (synchronizes) its technical infrastructure in accordance with the Project’s requirements and, as in the case of Marketplace, does not provide the properties thereof. 

Genius Assets is not responsible for any action, inaction, decision, or breach in any smart contracts that are not created, deployed and guaranteed by Genius Assets, and in the latter case Genius Assets is not responsible in case of any default which can be connected to omissions, negligence or lack of knowledge in respect to such immersive technologies. 

Sometimes Genius Assets Services may be available through GATP’s platforms or independent third-party platforms, situations in which their specific rules, restrictions or terms & conditions will be fully applicable for those features.

Genius Assets shall not be liable for the actions, inactions, or any activity performed by any GATP’s or third party who decided to use/integrate Genius Assets’ Services or IUX Tokens. 

Under no circumstances should Genius Assets be considered liable or a party to any business relationship/Agreement concluded between any person and the GATP/third party providing services in connection with Genius Assets Services or IUX, even those services, the GATP/third party is advertised or displayed on the Platform. 

All Rewards will be transferred only to the User’s Cryptocurrency Wallet (Public Address) from which the tokens were sent for Staking. 

The inability to access/use the Cryptocurrency Wallet from which the Tokens were sent for Staking/Delegated Locking may cause the permanent loss of the Tokens and/or the IUX/any additional compensation. Under no circumstances Users are entitled to request to receive the Tokens and/or the IUX/the additional compensation in other Cryptocurrency Wallet than the one used to send the Tokens for Staking/Delegated Locking. 

In connection to the Marketplace, Owners are the only entities responsible for establishing /distributing the assets/services thus offered, as well as any additional compensation thereof.   

Users cannot request to receive the Stable Coins and/or IUX assigned for the Staking and/or Delegated Locking features prior to the end of the unlocking period, as it shall be established/amended/extended for each project or pool.

All costs related to the transfer of the staked assets, Rewards, additional compensation or IUX to/from the Users will be borne by the Users.

  1. IUX Token

GeniuX Token (hereinafter referred to as “IUX”) is a Token issued by Genius Assets and initially minted on the Polygon (MATIC) Blockchain. 

IUX is vested with no native functionality, being able to be stored in Wallets as a store of value or transferred to other Public Addresses or consumed in exchange of services or, as the case may be, products available on the Platform.

Prior to acquiring, holding, transferring or using IUX in whichever way, please make sure that you have read and understood the Terms and Conditions for the IUX Token, available on the Website, being presumed that you have fully assumed the risks associated with the usage of these digital assets and technologies. 

IUX holders are not entitled to receive any shares, stocks or any other compensation in form of equity or non-equity option instruments.

  1. Staking conditions

Each User accepts and undertakes that all the Staking Properties of the X – Staking Era such as (the Rewards, the unlocking period, and the minimum amount necessary for Staking/Delegated Locking) are subject to be changed. The new Staking Properties will be directly applicable starting with their adoption, for all Staked Tokens. 

  1. Campaigns or any activity performed by a third party

Genius Assets may propose or accept to organize different campaigns for different purposes, such as marketing campaigns (giveaways, airdrops, contests) or economic campaigns for supporting the integrity of the ecosystem’s economy (locking token campaigns, special boxes, collectibles allocation, and so on), collectively referred to as “Campaigns”.

Campaigns may be directly organized through the Platform or presented on the Website, where those terms and other specific policies will become applicable, or through third party’s services, where the Campaigns will be fully governed by their terms & conditions.

Genius Assets is however not responsible to any Campaign/activity which is not directly and fully performed on the Platform’s web domain, even if those Campaigns are displayed on the Platform or can be access through external links/hyperlinks available on the Platform. 

All announcement and/or banners available on the Platform are only for marketing purposes, so please follow the service provider’s webpage to discover all the terms and conditions of the Campaign/activity. 

Genius Assets does not warrant or assume any liability in connection with the service provider’s actions, promises, content and services.

  1. Do not rely on information on our site 

The content on our site is provided only as a general information. It shall not construed whatsoever as tantamount to advice on which you should rely. You must obtain professional or specialist advice before taking or refraining from any action based on the content published on the Platform.

All information, regardless its form (text, audio, video) available on the Platform is for educational purposes only, and we do not guarantee its content and accuracy. Before performing any action, you must do your own research regarding the updated staking/connecting procedure available in relation to any Tokens/projects/pools/Delegated Locking (including but not limited to all the aspects regarding the technical part of the staking process).

Please note that information available on the Platform contains applications and features developed by more independent third parties, over which we do not have any control. Furthermore, please take into consideration that Genius Assets is merely attempting to make use of existing technologies in view of attaining its purposes as expressed throughout the Whitepaper, whilst Genius Assets is not the creator, designer, developer, nor the programmer at their core of any of the technologies thus used, not even of parts thereof, including but not limited to Blockchain.

Considering this situation, all the information, interfaces, design, and any other content are subject to change any time. You should not rely on any content available on the website especially on those related to the technical set up for Staking/Genius Pools. Please do your own research, at least twice.

Even that we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content posted by us on our Platform is accurate, complete, or up to date.

All the information available on or through the Platform must be understand in the context available/applicable at the date of the last revision of these Terms.

Under no circumstances, should ads, articles, or any other advertisement available on the Platform be construed as a Genius Assets’ mandatory bid (business offer).

All information available on the Platform should be interpreted as a commercial presentation.

Please not that different rules and policies may be applicable for each feature or even for the same future if it is provided by different third parties/LLP.

  1. Identity Verification

To comply with all applicable regulations, in some cases, Genius Assets may need to verify the User’s identity for using specific Services.

You agree and Genius Assets may require Users, in its discretion, to prove their identity by providing the personal information or documents such as, but not limited to national ID, passport, driving license, live video, proof of funds and so on.

Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud, and other financial crimes. 

When providing the required information, you confirm it is true and accurate.

We will collect, use, and share such information in accordance with our Privacy Policy and with the applicable legal provisions. 

During the analysis or in case of failing to comply with Genius Assets’ request necessary to verify the user’s identity and the source of funds, (if applicable) Genius Assets is entitled to block your access to our Services or assets (if applicable) until it is satisfied with the information you have provided and determine in its sole discretion that it is sufficient to validate your KYC/AML procedure. 

In the meantime, you will not be allowed to perform any action in connection with you Services or assets (if applicable) or to request the deletion of the personal data processed during verification operations.

IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED, OR INCOMPLETE, GENIUS ASSETS RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF GENIUS ASSETS’ SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO GENIUS ASSETS DURING YOUR USE OF OUR SERVICES.

In case Genius Assets will decide to block your activity, all your assets will be administrated in accordance with the applicable laws.

  1. Security

GENIUS ASSETS DOES NOT STORE USERS’ PASSWORDS, KEYS OR ANY OTHER CREDENTIALS, EXCEPT FOR THE PUBLIC ADDRESS OF THE CRYPTOCURRENCY WALLET USED BY A USER FOR THE FIRST LINKING ON THE PLATFORM.

The Public Address of a User’s Cryptocurrency Wallet is securely stored by Genius Assets in order to prevent any unlawful conduct in relation to the Referrals Program, as explained in our policies. 

You are the only one responsible for (but not limited to):

  • any and all activity that happens on or through your Genius Account and/or any Cryptocurrency Wallets (of any kind), or for any activity regarding the staked Tokens;
  • for any performance of any in/out transactions from/to your Genius Account or the related Cryptocurrency Wallets/the Staking/Locking smart contract.

Genius Assets cannot take any action (such as, but not limited to transfer, undo a transfer, recover access, and so on) in connection with any account/wallet/transaction in which you store your Cryptocurrency assets.

Considering the aspects mentioned above, you agree that you are the only one responsible for:

  • setting up and keeping all your credentials confidential (including the Public and Private Key of your Cryptocurrency Wallet);
  • accessing and using the selected recovery method/the supplementary security measures;  
  • any action or transfer you or any other person perform in connection with your assets/accounts;
  • stay away from public LANs and Wi-Fis and any such networks which are known for creating special exposure to cybersecurity risks.   

Any action performed in connection with the Genius Pools, is considered to have been made by you and irrevocable once performed. You are required to notify Genius Assets immediately of any unauthorized use of your device which was used to access the Platform, or any other breach of security, by email to support@genius-assets.com. To avoid any misunderstanding, Genius Assets is not technically capable to amend any performed transaction.

You are solely responsible for keeping safe of your accounts/wallets and devices.

Genius Assets assumes no liability for any loss or consequences caused by authorized or unauthorized use of your wallet/account and/or credentials, including but not limited to access caused by information disclosure, hacking, information release, phishing, phishing, and so on.

Considering the irreversibility of the transactions performed using blockchain infrastructure, any User hereby acknowledge the following:

  • he shall be the sole responsible for understanding the functioning mechanism of the blockchain technology and the Tokens;
  • he has studied, understood, is the sole responsible and fully assumes all incumbent effects of using the Tokens and the blockchain infrastructure, including but not limited to:
  1. the functioning mechanism of the Blockchain infrastructure and the delivery and receipt of the Cryptocurrencies from one address to the other;
  2. Cryptocurrency/Tokens may be lost in case the User performs an incorrect, incomplete, or wrong operation including, but not limited to delivery of the Tokens to a wrong address, loss of access keys or performing an operation without sufficient funds; 
  3. Genius Assets is absolutely unable to remedy, recover or annul any transaction or operation performed by the User with respect to any cryptocurrency asset/token.
  • Genius Assets is not responsible and will not be obliged, under any circumstances, to resend any Tokens if the Tokens have been sent to a wrong address or using a non-compliant method. For example, Genius Assets may not be required to send any Tokens if (i) the Tokens have been transmitted (through the User’s fault) to an incorrect, incomplete address, (ii) to any address (other than the one which is established by the mechanism provided by the provisions of this Agreement), and nor if (iii) the User has lost (in any way) access to his account and/or Wallets, or if any other persons have accessed the User’s Wallet, with or without his consent.
  1. Restrictions

By using our Services, you firmly assume to:

  • fully comply with the requirements of applicable laws and regulations and these Terms;
  • not violate Users’ rights, public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using our Services;
  • not use our Platform’s features or IUX for any kind of market manipulation (such as but not limited to pump and dump schemes, illegal activity, money-loundering, self-trading, wash trading, quote stuffing, front running, and spoofing or layering), regardless of whether they may be or not prohibited by law;
  • not influence in any way the Platform’s services trying to modify, replicate, duplicate, copy, download, transfer, store, disassemble, further transmit, publish, disseminate, broadcast, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties;
  • not use any mechanisms such as but not limited to: deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of our Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through our Services; 
  • not attempt in any way to access any part or function of the properties/features without authorization, or connect to our Services or any Genius infrastructure (servers or any other systems or networks) provided through the services by hacking, password mining or any other unlawful or prohibited means; 
  • not try to identify any vulnerability of the Platform (including the third party integrated), or violate any security or authentication measures; 
  • not try to obtain, in any way (including direct requesting, reverse look-up, track or seek to track) any information of any other Users or visitors the Platform; 
  • not take any method that causes the Platform to slow down;
  • not use any devices, software or any other function which may alter or interfere with the proper functioning of the platform, as it was established by Genius Assets; 
  • not to use any of the features available on the Platform in an illegal way.

You expressly empower Genius Assets to perform any action to identify and investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions (without your prior consent or notice) such as, but not limited to:

  • blocking and closing your ongoing activities;
  • freezing your activity and assets;
  • reporting the incident to the competent authorities;
  • publishing the alleged violations and actions that have been taken;
  • deleting any information, you published that are found to be violations;

It is strictly forbidden to conduct any action and/or activity which:

  • is prohibited by our Terms and Conditions, or may direct, or indirect violate its provisions;
  • is related to illegal activities or with the purpose of causing harm to another person, regardless the way in which this purpose is done or achieved;
  • access or collect data from the Platform using automated means (without our prior permission) or attempt to access data you do not have permission to access.
  1. Indemnification

You agree to indemnify and hold harmless Genius Assets, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Services or any features displayed within the Platform, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Services. If you are obligated to indemnify Genius Assets, their affiliates, contractors, licensors, and their respective directors, officers, employees, or agents pursuant to these Terms, Genius Assets will have the right, in its sole discretion, to control any action or proceeding and to determine whether Genius Assets wishes to settle, and if so, on what terms.

  1. Warranty and Disclaimers

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE, ALONG WITH OUR PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, PARTNERS, LICENSORS AND DISTRIBUTORS (COLLECTIVELY GENIUS ASSETS ENTITIES) DO NOT MAKE ANY REPRESENTATIONS, PROMISES, OR WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE SERVICES. WE PROVIDE OUR SERVICES “AS-IS,” “WITH ALL FAULTS,” AND “AS AVAILABLE.” YOUR USE OF THE SERVICES, INCLUDING OUR CONTENT WITHIN THE SERVICES (and excluding the content posted by users), IS AT YOUR OWN RISK AND WE DO NOT REPRESENT, PROMISE, OR WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE OR THAT YOU WILL RECEIVE THE STAKED TOKENS OR THE REWARD INDICATED ON THE PLATFORM. YOU UNDERSTAND AND AGREE THAT NO DATA TRANSMISSION OVER THE INTERNET OR INFORMATION STORAGE TECHNOLOGY CAN BE GUARANTEED TO BE SECURE, AND WE EXPRESSLY DISCLAIM ANY WARRANTIES, EXPRESS OR IMPLIED, TO THAT EFFECT. WE MAKE NO COMMITMENTS, PROMISES OR WARRANTIES ABOUT THE CONTENT WITHIN THE SERVICES OR CONTENT LINKED FROM THE SERVICES, THE SUPPORT WE PROVIDE FOR THE SERVICES, THE SPECIFIC FUNCTIONS OF THE SERVICES, THE SECURITY OF THE SERVICES, OR THE SERVICES’ RELIABILITY, QUALITY, ACCURACY, AVAILABILITY, OR ABILITY TO MEET YOUR NEEDS, PROVIDE CERTAIN OUTPUTS OR ACHIEVE CERTAIN RESULTS.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE, ALONG WITH OUR PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, PARTNERS, LICENSORS AND DISTRIBUTORS (COLLECTIVELY GENIUS ASSETS ENTITIES) DO NOT MAKE ANY REPRESENTATIONS, PROMISES, OR WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE PROJECTS, THE PROJECTS’ TOKENS (INCLUDING THEIR VALUE), THE SERVICES, THE REWARDS OR ANY OTHER AVAILABLE FEATURE OR REGARDING THEIR PROFITABILITY, ACTUALLY, ACCURACY, USABILITY AND SECURITY. 

YOU UNDERSTAND AND ASSUME THAT ANY DECISION FOLLOWING OR IN CONNECTION WITH THE STAKING, THE SERVICES, THE CONTENT AVAILABLE ON THE PLATFORM OR ANY OTHER AVAILABLE FEATURES IS BASED ON YOUR OWN RESEARCH AND RESPONSIBILITY AND SHOULD BE PERFORMED ONLY AFTER PERFORMING A DOUBLE VERIFICATION OF IT WITH EXTERNAL OFFICIAL TRUSTED SOURCES. 

SOME JURISDICTIONS PROVIDE FOR CERTAIN IMPLIED WARRANTIES, SUCH AS THE IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON INFRINGEMENT. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE DISCLAIM ANY AND ALL IMPLIED OR EXPRESS PROMISES OR WARRANTIES ABOUT THE SERVICES.

  1. Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE AND UNDERSTAND THAT GENIUS ASSETS WILL NOT BE LIABLE FOR: ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, TREBLE OR OTHER MULTIPLES OF DAMAGES, EXEMPLARY OR PUNITIVE DAMAGES ARISING FROM OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SERVICES/IUX TOKENS. 

GENIUS ASSETS IS NOT RESPONSIBLE FOR ANY LOST PROFITS, LOST REVENUES, LOST BUSINESS OPPORTUNITIES, DIMINUTION IN VALUE, INCLUDING ANY ALLEGED LOSS OR DIMINUTION IN VALUE OF PERSONAL INFORMATION, OR ANY OTHER LOSSES (COLLECTIVELY, “LOSSES”) ARISING FROM OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF OR ACCESS TO THE SERVICES/STAKED ASSETS/IUX, INCLUDING, BUT NOT LIMITED TO, LOSSES RESULTING FROM OR IN CONNECTION WITH: THE DELETION OF, ALTERATION OF, MIS-DELIVERY OF, OR FAILURE TO STORE DATA MAINTAINED OR TRANSMITTED BY THE SERVICES; THE LIMITING, SUSPENSION OR TERMINATION OF THE PROJECT/INFRASTRUCTURE; YOUR DOWNLOADING OR SHARING OF INFORMATION, INCLUDING PERSONAL INFORMATION, VIA THE SERVICES; THE UNAUTHORIZED ACCESS TO YOUR WALLET/ACCOUNT OR ANY DATA MAINTAINED OR TRANSMITTED BY THE SERVICES; LINKS PROVIDED FOR THE SERVICES OF THIRD PARTIES TO EXTERNAL SITES OR RESOURCES; YOUR DEALINGS WITH OR PARTICIPATION IN PROMOTIONS OF ADVERTISERS FOUND ON OR THROUGH THE SERVICES; OR ANY GOODS OR SERVICES SOLD BY SUCH ADVERTISERS. 

GENIUS ASSETS WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE, OF ANY KIND WHICH MAY RISE DIRECT OR INDIRECT FROM OR IN CONNECTION OF ANY DECISION THAT YOU PERFORM AFTER READING AND/OR INTERACTING IN ANY POSSIBLE WAY WITH THE PLATFORM’S SERVICES, GATP/THIRD PARTY’S SERVICES, PROJECT OR WITH THE PLATFORM ITSELF. 

GENIUS ASSETS WILL NOT BE LIABLE FOR PROBLEMS CAUSED BY OTHERS, THE WRONGFUL OR UNLAWFUL ACTIONS OF THIRD PARTIES, OR AN ACT OF GOD. THE LIMITATIONS AND EXCLUSIONS IN THESE TERMS WILL APPLY WHETHER OR NOT WE HAVE BEEN ADVISED OF OR SHOULD HAVE BEEN AWARE OF THE POSSIBILITY OF ANY LOSSES ARISING.

TO THE FULLEST EXTENT PERMITTED BY LAW AND EXCEPT AS OTHERWISE STATED IN THESE TERMS, GENIUS ASSETS IS NOT LIABLE IN CONNECTION WITH ANY DISPUTES THAT ARISE OUT OF OR RELATE TO THESE TERMS OR SERVICES.

  1. There are other terms that may apply to you

We do not charge you to access the Platform. Instead, businesses and organizations may pay us to show you ads for their products and services. By using our Platform, you agree that we can show you ads that we think will be relevant to you and your interests.

We do not sell your personal data to advertisers, and we do not share information that directly identifies you with advertisers unless you give us specific permission.

Our Privacy Policy explains how we collect and use your personal data to determine some of the ads you see and provide all the other services described below. You can also go to your settings at any time to review the privacy choices you have about how we use your data.   

  1. We may make changes to our site

Genius Assets reserves the right to change, add or remove parts of these Terms at any time and at its sole discretion. Every time you wish to use our site, please check these terms to ensure you understand the terms that apply at that time.

We will notify such changes by simply updating the terms on our website and modifying the [Last revised] date displayed on this page.

All modifications or changes to these terms will become effective upon publication on the website or release to users. 

It is your responsibility to review the amended Terms. Your continued use of the Platform and the Services following the changes to the Terms, you accept and agree to the changes, and that all subsequent activity performed by you will be subject to the amended Terms.

If you have any question regarding or in connection of the information mentioned in these Terms, please do not hesitate to do directly contact us. 

  1. We may transfer this agreement to someone else

The transfer of rights and obligations arising from these Terms and/or the use of the Platform is subject to our prior written consent.

You expressly agree that Genius Assets may unilaterally transfer all rights and obligations that may result from these Terms and use of the platform without the consent of users.

  1. How you may use material on our site 

We are the owner or the licensee of all intellectual property rights of our Platform, and materials published on it by us. Those works are protected by copyright laws and treaties around the world. All such rights are reserved.

You may print off one copy, and may download extracts, of any page(s) from our site for your personal use and you may draw the attention of others within your organization to content posted on our site.

You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.

Our status (and that of any identified contributors) as the authors of content on our site must always be acknowledged.

You must not use any part of the content on our site for commercial purposes without obtaining a license to do so from us or our licensors.

If you print off, copy, or download any part of our site in breach of these terms of use, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

  1. We are not responsible for websites we link to;

Where our Platform contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them.

We have no control over the contents of those sites or resources.

For example, on our Platform you may find links to external websites such as: links to our Partners’ websites, Project’s websites or to third parties which decided to use/integrate our Services/IUX.

Please note that all external links are displayed for advertising (portfolio) purposes only, and we do not warrant or assume any liability in connection with their actions, promises, content and services.

  1. How to complain

If you have a complaint or feedback, please contact us on support@genius-assets.com.

  1. We are not responsible for viruses, and you must not introduce them

We do not guarantee that our site will be secure or free from bugs or viruses.

You are responsible for configuring your information technology, computer programs and platform to access our site. You should use your own virus protection software.

You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorized access to our site, the server on which our site is stored, or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the regulation which governs Genius Assets’ activity. We will report any such breach to the relevant law enforcement authorities, and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately. 

  1. Rules about linking to our site 

You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.

You must not establish a link in such a way as to suggest any form of association, approval, or endorsement on our part where none exists.

You must not establish a link to our site in any website that is not owned by you.

Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.

We reserve the right to withdraw linking permission without notice.

The website in which you are linking must comply in all respects with the content standards set out in these Terms.

If you wish to link to or make any use of content on our site other than that set out above, please contact support@genius-assets.com.

  1. Which country’s laws apply to any disputes? 

The applicable laws that shall govern these Terms are the laws of Dubai (UAE) including but not limited to ordinances, rules, regulations, orders, licenses, permits, judgments, decisions, and other requirements of any governmental authority that has jurisdiction over you.

These terms of use, their subject matter, and their formation (and any non-contractual disputes or claims) are governed by Dubai (UAE) law terms. 

We both agree to the exclusive jurisdiction of the courts of Dubai (UAE).

To the maximum extent permitted by the applicable law, any invalid or unenforceable term or provision of these Terms shall not affect the validity or enforceability of the remaining terms and provisions thereof or the validity or enforceability of the offending term or provision in any other situation. To the maximum extent permitted by the applicable law, you and us, acting in good-faith, shall attest the nullity or unenforceability of the respective term or provision and shall replace it by a valid or enforceable term or provision which most accurately reflects the economic and legal purpose of the invalid or unenforceable term or provision. 

You are not permitted to use them without our approval, unless they are part of material you are using as permitted under these Terms.

  1. Our trademarks are registered

Genius Assets is a trademark registered in EU and protected worldwide through the notoriety achieved. 

You are not permitted to use them without our approval, unless they are part of material you are using as permitted under these Terms.