Terms of Service

Updated on:
13 October, 2018

ENSURE YOU GO THROUGH THESE TERMS OF SERVICE THOROUGHLY. BY MAKING USE OF OR GAINING ACCESS TO OUR SERVICES, YOU CONSENT THAT YOU ARE BOUND BY THE TERMS OF SERVICE WRITTEN HERE AND ALL TERMS INCORPORATED BY REFERENCE

The Terms of Service written here as well as any terms explicitly incorporated here (“Terms”) pertains to your access to and use of all services (our “Services”) delivered by HLOR FOUNDATION and/or Hlor.io and/or Hlor.com and/or Hlor.org (“Foundation”, “Hlor”, “we”, “our” or “us”)

1. ELIGIBILITY

You signify and license that you: (a) are legally of age to form a binding contract (b) have not been barred or removed from using our services prior to this (c) have full right and authorization to enter this agreement and will not encroach upon any other agreement you are part of by doing so. If you are enlisting to use the services in the best interest of a legal entity, you further signify and license that (i) the legal entity is duly organized and genuinely existing under the applicable laws of the jurisdiction of its organization, and (ii) you are duly authorized by such legal entity to act on its in its best interest.

2. ACCOUNT REGISTRATION

First, an account with Foundation to access the services (“Account”) must be created. When this is done, you have to agree to: (a) generate a strong password not to be used in any other website or online service; (b) give accurate and truthful information to the best of your knowledge; (c) promptly update and maintain your Account information; (d) maintain your account security by safekeeping your account password and reducing access to your computer and account; (e) notify us promptly if you notice or suspect any security cracks related to your account; and (f) assume all responsibility for all activities that take place under your account and accept all risks of any authorized or unauthorized access to your account, to the maximum level which is permitted by law. When you do create an account, we shall assign an account identifier which you must keep to access your account.

3. DISCONTINUANCE OF SERVICE

In our sole discretion and without any liability to you, may at any time with or without prior notice to you, modify or discontinue, temporarily or permanently, any portion of our Service.

4. ASSUMPTION OF RISK

You will recognize and agree that there are indeed risks associated with using an Internet based service, including the risk of failure of hardware, software and internet connections, the risk of malicious software introduction, as well as the risk that third parties may obtain unauthorized access to information stored within your account. You should also recognize and agree that the Foundation will not be held responsible for any communication failures, disruptions, errors, distortions or setbacks you may experience when using the services, however caused. The Foundation will take no responsibility and will not be liable for any losses, damages or claims which may arise from the use of our services, which includes any losses, damages or claims arising from (a) passwords being “Bruteforced”, (b) server failure or data loss (c) forgotten passwords (d) corrupted wallet files (e) incorrectly constructed transactions or mistyped Bitcoin addresses; or (f) unauthorized access to mobile applications (g) “phishing”, viruses, third-party attacks or any unauthorized third-party activities.

5. THIRD-PARTY SERVICES AND CONTENT

By making use of our services, you may view content or make use of services that are provided by third parties, including links to web pages and services of such parties (“Third-Party Content”). We have no power to control, endorse or adopt any third-party content and won’t be held responsible for third-party content, including, but not limited to, material that may be misleading, incomplete, erroneous, indecent, offensive and objectionable in your jurisdiction. Also, your dealings and/or correspondence with those third parties shall be strictly between you and the third parties. We shall not be held responsible or accountable for any loss or damage of any kind that may result from any such dealings, and you understand that your use of Third-Party content, as well as your interactions with third parties shall be at your own risk.

6. ACCEPTABLE USE

While accessing or making use of the services, you must agree that you will not encroach upon any law, contract, or intellectual property as well as any other third-party right or commit a tort, and that you are solely responsible for conduct while making use of our service. Without limiting the generality of the foregoing, you agree that you will not:

  • Make use of our services in a manner that has the tendency to interfere with, disrupt, negatively affect or inhibit other users from fully enjoying our Services, or that could damage, disable, overburden or impair the functioning of our Services in any manner;
  • Make use of our services to pay for support or otherwise engage in any illegal activities, including, but not limited to illegal gambling, fraud, money-laundering, or terrorist activities;
  • Use any robot, spider, crawler, scraper or other automated means or interface not provided by us to access our Services or to extract data;
  • Make use of or attempt to make use of another user’s account without authorization;
  • Attempt to circumvent any content filtering techniques we employ, or attempt to access any service or area of our Services that you are not authorized to access;
  • Introduce to the Services any Virus, Trojan worms, logic bombs or other harmful material;
  • Develop any third-party applications that interact with our Services without our prior written consent;
  • Provide false, inaccurate, or misleading information; and
  • Encourage or induce any third party to engage in any of the activities prohibited under this Section.

The Operator reserves the right to suspend an access of the User to the user account, that is to the Service, and thus effectively suspend the provision of HL from the user for infringement on these General Terms and conditions.

7. COPYRIGHTS AND OTHER INTELLECTUAL PROPERTY RIGHTS

Unless indicated otherwise by us, all copyright and other intellectual property rights in all content and other materials contained on our website or provided in connection with the services, including, but not limited to, the Foundation or Foundation logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively “Foundation Materials”) are the registered property of Foundation or our licensors or suppliers and are protected by copyright laws and other intellectual property right laws. We hereby offer you a limited, nonexclusive and non-sublicensable license to access and use the Foundation Materials for your personal or internal business use. This license is dependent on these Terms and does not permit (a) any resale of the Foundation’s materials (b) the distribution, public performance or public display of any Foundation Materials; (c) modifying or otherwise making any derivative uses of the Foundation Materials, or any portion thereof; or (d) any use of the Foundation Materials other than for their intended purposes. This license will be automatically terminated if we bar or terminate your access to the service.

8. TRADEMARKS

The Foundation logo and any other Foundation product or service names, logos or slogans that are seen on our services are trademarks of Foundation and may not be copied, imitated or used, in whole or in part, without our written permission prior to that. This includes, but is not limited to, any metatags or other “hidden text” that utilizes any trademark, product or service name of Foundation. Also, the look and feel of our services, including all page headers, custom graphics, button icons and scripts, is the service mark, trademark, and/or trade dress of Foundation and may not be copied, imitated or used, in whole or in part, without a written permission from us prior to that. All other trademarks, registered trademarks, product names and Foundation names or logos mentioned through our Services all belong to their respective owners. Reference to any products, services, processes or other information, by name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by us.

9. SUSPENSION; TERMINATION

If any Force Majeure, breach of these terms or any other event that would make provision of the Services commercially unreasonable for Foundation occurs, we, in our discretion and without liability to you, may suspend your access to all or a portion of our service with or without prior notice. We may also terminate your access to the service in our sole discretion, immediately and without prior notice, and delete or deactivate your Account and all related information and files in such account without liability to you, including, for instance, if you breach any term of these Terms.

10. COOKIE STATEMENT

This site makes use of cookies. Cookies are small text files that are placed in your computer by websites that you visit. They are important in that they make websites work or work more effectively, as well as to provide information to the owner of the site. Cookies are normally stored on your computer hard drive. Information collected by cookies is used by us to evaluate the efficiency of our site, and to check who regularly visits the site, analyze trends and manage the platform. We also use this information to check if our visitors are having problems accessing some parts of the site. With this information, we can help you have a better experience on the platform and deliver the most interesting features, also making it easier for you to access. We use cookies, as well as a technology known as clear gifs and web bugs to confirm your receipt of, and response to our emails for a more personalized experience while visiting.

Also used are third-party service providers to help understand the use of our site better. What this does is place cookies in the hard drive of your computer and receive most of the information which is also analyzed and worked upon for better experience. Our service providers are contractually restricted from using information collected from the site in other ways than helping us.

If you continue to use this site, it will be taken that you are comfortable with cookies being stored on your device.

11. HLOR VIRTUAL ASSET

Foundation provides you with technical opportunity to issue Hlor/Tokens/Coins as a virtual asset, you are the only person who is liable for any losses, damages, claims related to the issuance of Hlor. Hlor is cryptocurrency and have no centralized issuer. Foundation assumes no responsibility or liability related to your issuance of Hlor or your purchase of Hlor issued at the Platform. Nothing at the Platform shall be construed as endorsement, sponsorship, affiliation, approval, backing, underwriting of any Hlor or any Hlor issuer by Foundation.

By issuing your Hlor you warrant and represent that you have received all approvals, authorizations, licenses or registrations required by the competent authority in jurisdiction of your residence or any other applicable jurisdictions. You are responsible for determining what, if any, taxes apply to your issue of Hlor, including, for example, sales, use, value added, and similar taxes. It is also your responsibility to withhold, collect, report and remit the correct taxes to the appropriate tax authorities. You acknowledge that the ownership of Hlor may fall under existing and/or future taxation laws. You are responsible for the payment of any taxes or fees, now existing or applicable in the future, that may be incurred as a result of your ownership of Tokens. We are not responsible for withholding, collecting, reporting, or remitting any sales, use, value added, or similar tax arising from your purchase or ownership of Hlor.

Hlor is not a security, is not registered with any government entity as a security, and shall not in any case be considered as such. Hlor is not intended to be a commodity or any other kind of financial instrument, does not represent any share, equity, stake, or security in the Company or equivalent rights, including, but not limited to, any intellectual property rights, and does not represent any ownership right.

12. MINING SOFTWARE HLOR ADDONS

No loss caused by working with the pool will be attributed to Addon. Any kind of loss caused by third-party services must be handled by the user. Foundation takes only a little pool fee in Hlor tokens or coins for the use of the service, and this fee may change with time. The User will be responsible for setting up hardware for mining and will also take responsibility for the safety of the hardware components. The user will also acknowledge that the power needed for mining is very enormous, which could lead to an increase in electricity consumption, as well as the likelihood of wear and tear; all of which the user must bear personally.

13. DISCLAIMER OF WARRANTIES

(a) TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, AND EXCEPT AS EXPRESSLY PROVIDED TO THE CONTRARY IN A WRITING BY US, OUR SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW. WE EXPRESSLY DISCLAIM, AND YOU WAIVE, ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AS TO OUR SERVICES, INCLUDING THE INFORMATION, CONTENT AND MATERIALS CONTAINED THEREIN.

(b) YOU ACKNOWLEDGE THAT INFORMATION STORED WITH US COULD GET LOST, CORRUPTED OR TEMPORARILY UNAVAILABLE DUE TO MANY GLITCHES EITHER WITHIN OR OUT OF OUR CONTROL. YOU ARE HEREBY RESPONSIBLE FOR BACKING UP INFORMATION STORED HERE.

14. LIMITATION OF LIABILITY

UNLESS OTHERWISE STATED BY LAW, NONE OF OUR EMPLOYEES SHALL BE IN ANY WAY LIABLE FOR LOSSES AND DAMAGES OF ANY KIND, SUCH AS LOSS OF USE, LOSS OF DATA OR LOSS OF PROFIT, WHETHER IN AN ACTION IN CONTRACT, TORT (INCLUDING BUT NOT LIMITED TO NEGLIGENCE) OR OTHERWISE, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE USE OF OR INABILITY TO USE OUR SERVICES OR THE FOUNDATION MATERIALS, INCLUDING WITHOUT LIMITATION ANY DAMAGES CAUSED BY OR RESULTING FROM RELIANCE BY ANY USER ON ANY INFORMATION OBTAINED FROM FOUNDATION, OR THAT RESULT FROM MISTAKES, OMISSIONS, INTERRUPTIONS, DELETION OF FILES OR EMAIL, ERRORS, DEFECTS, VIRUSES, DELAYS IN OPERATION OR TRANSMISSION OR ANY FAILURE OF PERFORMANCE, WHETHER OR NOT RESULTING FROM A FORCE MAJEURE EVENT, COMMUNICATIONS FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO FOUNDATION’S RECORDS, PROGRAMS OR SERVICES.

15. INDEMNITY

You agree to indemnify and defend Foundation and all its workers, agents, employees and directors from any claim, demand, action, loss, cost or expense arising out or relating to:

(a) your use of, or conduct in connection with, our Services;

(b) any Feedback you provide;

(c) your violation of these Terms; or

(d) your violation of any rights of any other person or entity.

16. MISCELLANEOUS

16.1. Entire Agreement; Order of Precedence. These terms contain the entire agreement, and supersede all prior and contemporaneous understandings between the parties regarding the Services. These Terms do not alter the terms or conditions of any other electronic or written agreement you may have with Foundation for the Services or for any other Foundation product or service or otherwise. In the event of any encroachment of one term upon another you may have with Foundation, the terms of that other agreement will control only if these Terms are specifically identified and declared to be overridden by such other agreement.

16.2. Amendment. We have the right to make changes or modifications to these terms as we see fit. If we do amend these terms, they would become effective immediately unless otherwise stated in the notice of the amended terms. Any amended Terms will apply prospectively to use of the Services after such changes become effective. If you continue to use this service after the effective date of amendment, it shall be assumed you have affirmed to these amended terms. If you do not agree to amended terms, then you must stop using the service.

16.3. Waiver. If we fail or delay exercising any right, it shall not be taken as a waiver.

16.4. Severability. The invalidity or unenforceability of any of these terms shall not be taken as the invalidity or unenforceability of any of the other terms.

16.5. Force Majeure Events. Foundation will not be held responsible for any loss or damage arising from any event beyond Foundation’s reasonable control, including, but without limitation, flood, extraordinary weather conditions, earthquake, or other act of God, fire, war, insurrection, riot, labor dispute, accident, action of government, communications, power failure, or equipment or software malfunction (each of these being a “Force Majeure Event”).

16.6. Assignment. You may not assign or transfer your right to any other party without the written consent of the Foundation. Foundation can, however, transfer all if its rights without your approval or consent.