TERMS OF USE

PLEASE NOTE THAT YOUR USE OF AND ACCESS TO OUR SERVICES (DEFINED BELOW) ARE SUBJECT TO THE FOLLOWING TERMS; IF YOU DO NOT AGREE TO ALL OF THE FOLLOWING, YOU MAY NOT USE OR ACCESS THE SERVICES IN ANY MANNER.

TERMS OF USE

Effective date: June 26, 2018

Welcome to Worldcoin1. Please read on to learn the rules and restrictions that govern your use of our website(s), products, services and applications (the “Services”). If you have any questions, comments, or concerns regarding these terms or the Services, please contact us at: Admin@worldcoin1.com

These Terms of Use (the “Terms”) are a binding contract between you and U-Caring Holding Limited (“Worldcoin1,” “we” and “us”). You must agree to and accept all of the Terms, or you don’t have the right to use the Services. Your using the Services in any way means that you agree to all of these Terms, and these Terms will remain in effect while you use the Services.

WILL THESE TERMS EVER CHANGE?

We are constantly trying to improve our Services, so these Terms may need to change along with the Services. We reserve the right to change the Terms at any time, but if we do, we will bring it to your attention by placing a notice on the http://worldcoin1.com/ website, by sending you an email, and/or by some other means.

If you don’t agree with the new Terms, you are free to reject them; unfortunately, that means you will no longer be able to use the Services. If you use the Services in any way after a change to the Terms is effective, that means you agree to all of the changes.

Except for changes by us as described here, no other amendment or modification of these Terms will be effective unless in writing and signed by both you and us.

WHAT ABOUT MY PRIVACY?

Worldcoin1 takes the privacy of its users very seriously. For the current Worldcoin1 Privacy Policy, please click here.

By providing us with your wireless phone number, you confirm that you want Worldcoin1 to send you information that facilitates your use of the Services, which may include Worldcoin1 using automated dialing technology to text message you at the wireless number you provided.

 

WHAT IS THE LEGAL STATUS OF WORLDCOIN1?

2.0 Restricted Use of Tokens.

  • The Tokens are intended to be used only:
  • to enable usage of and interaction with the E500Mall platforms and to support its development, testing, deployment, and operation as it is strictly described in the Whitepaper as a means to obtain the Services as it is strictly described in the Whitepaper.Important additional details regarding the Tokens, the Services, and the U-Caring platforms are provided in the Whitepaper.
  • No rights created by Tokens.
  •  
    2.1. Ownership of the Tokens carries no rights, express or implied, other than the right to use the Tokens as specified in white paper. In particular, the Tokens:

  • do not provide User with rights of any form with respect to any of the Company Parties or its revenues or assets, including any voting, distribution, redemption, liquidation, proprietary (including all forms of Intellectual Property), or other financial or legal rights;
  • do not represent a loan to any of the Company Parties; and
  • do not provide User with any ownership or other interest in any of Company
  •  
    2.2 Acquisition of the Tokens from Company does not present an exchange of payment
    (Cryptocurrencies or money) for any form of shares in any of Company Parties or the
    Intellectual Property. For the avoidance of doubt and irrespective of the provisions of
    the Whitepaper, User is not entitled to any guaranteed form of dividends, revenue
    distributions, and voting rights.
     
    2.3 For the purpose of this Agreement, the Tokens shall be viewed as software with
    cryptographic elements that is sold out as a utility appliance for the E500Mall
    platforms.Company may from time to time launch various incentive programs,
    including the one specified in white paper, for the holders of the Tokens to encourage
    and promote their attention to the E500Mall platforms.
     
    2.4 Not for Investment Purposes.
    Although the Tokens may be tradable, they are not an investment, currency,
    security, commodity, a swap on a currency, security or commodity or any other kind
    of financial instrument. The Tokens are not intended to be marketed, offered for sale,
    purchased, sold, or traded in any jurisdiction where they are prohibited by applicable
    laws or require further registration with any applicable governmental authorities.
     
    2.5. The Tokens may be exchangeable on cryptographic token exchanges. However,
    none of Company Parties give warranties or representations that the Tokens will be
    exchangeable on such exchanges.
     
    2.6. This T&C does not constitute a prospectus of any sort, is not a solicitation for
    investment and does not pertain in any way to an initial public offering or a
    share/equity offering and does not pertain in any way to an offering of securities in
    any jurisdiction. It is a description of the functionality of a Token Smart Contract.
     
    2.7. Funds Collected through Token Sale will be utilized by Company and other
    Company Parties in their sole discretion according to the plan specified in the
    Whitepaper.

    WHAT ARE THE BASICS OF USING Worldcoin1?

    You may be required to sign up for an account and select a user name (“Worldcoin1 User ID”). You promise to provide us with accurate, complete, and updated registration information about yourself. You may not select as your Worldcoin1 User ID a name that you don’t have the right to use, or another person’s name with the intent to impersonate that person. You may not transfer your account to anyone else without our prior written permission.

    You represent and warrant that you are an individual of legal age to form a binding contract (or if not, you’ve received your parent’s or guardian’s permission to use the Services and gotten your parent or guardian to agree to these Terms on your behalf).

    You will only use the Services for your own internal, personal, non-commercial use, and not on behalf of or for the benefit of any third party, and only in a manner that complies with all laws that apply to you. If your use of the Services is prohibited by applicable laws, then you aren’t authorized to use the Services. We can’t and won’t be responsible for your using the Services in a way that breaks the law.

    You must protect the security of your account and your mobile device, and you are responsible for any activity associated with your account.

    WHAT ARE MY RIGHTS IN Worldcoin1?

    The materials displayed or performed or available on or through the Services, including, but not limited to, text, graphics, data, articles, photos, images, illustrations, and so forth (all of the foregoing, the “Content”) are protected by copyright and/or other intellectual property laws. You promise to abide by all copyright notices, trademark rules, information, and restrictions contained in any Content you access through the Services, and you won’t use, copy, reproduce, modify, translate, publish, broadcast, transmit, distribute, perform, upload, display, license, sell or otherwise exploit for any purpose any Content not owned by you, (i) without the prior consent of the owner of that Content or (ii) in a way that violates someone else’s (including Worldcoin1’s) rights.

    You understand that Worldcoin1 owns the Services. You won’t modify, publish, transmit, participate in the transfer or sale of, reproduce (except as expressly provided in this Section), create derivative works based on, or otherwise exploit any of the Services.

    The Services may allow you to copy or download certain Content; please remember that just because this functionality exists, doesn’t mean that all the restrictions above don’t apply – they do!

    WHO IS RESPONSIBLE FOR WHAT I SEE AND DO ON THE SERVICES?

    Any information or content transmitted through the Services is the sole responsibility of the person from whom such content originated, and you access all such information and content at your own risk, and we aren’t liable for any errors or omissions in that information or content or for any damages or loss you might suffer in connection with it. We cannot control and have no duty to take any action regarding how you may interpret and use the Content or what actions you may take as a result of having been exposed to the Content, and you hereby release us from all liability for you having acquired or not acquired Content through the Services. We are not responsible for which users gain access to the Services.

    You will keep all your registration information accurate and current. You are responsible for all your activity in connection with the Services.

    Your interactions with organizations and/or individuals found on or through the Services, including payment and delivery of goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such organizations and/or individuals. You should make whatever investigation you feel necessary or appropriate before proceeding with any online or offline transaction with any of these third parties. You agree that Worldcoin1 shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings.

    If there is a dispute between participants on this site, or between users and any third party, you agree that Worldcoin1 is under no obligation to become involved. In the event that you have a dispute with one or more other users, you release Worldcoin1, its officers, employees, agents, and successors from claims, demands, and damages of every kind or nature, known or unknown, suspected or unsuspected, disclosed or undisclosed, arising out of or in any way related to such disputes and/or our Services.

    WILL Worldcoin1 EVER CHANGE THE SERVICES?

    We’re always trying to improve the Services, so they may change over time. We may suspend or discontinue any part of the Services, or we may introduce new features or impose limits on certain features or restrict access to parts or all of the Services. We’ll try to give you notice when we make a material change to the Services that would adversely affect you, but this isn’t always practical. Similarly, we reserve the right to remove any Content from the Services at any time, for any reason (including, but not limited to, if someone alleges you contributed that Content in violation of these Terms), in our sole discretion, and without notice.

    WHAT IF I WANT TO STOP USING Worldcoin1?

    You’re free to do that at any time, by contacting us at admin@worldcoin1.com; please refer to our Privacy Policy, as well as the licenses above, to understand how we treat information you provide to us after you have stopped using our Services.

    Worldcoin1 is also free to terminate (or suspend access to) your use of the Services or your account, for any reason in our discretion, including your breach of these Terms. Worldcoin1 has the sole right to decide whether you are in violation of any of the restrictions set forth in these Terms.

    Account termination may result in destruction of any Content associated with your account, so keep that in mind before you decide to terminate your account.

    Provisions that, by their nature, should survive termination of these Terms shall survive termination. By way of example, all of the following will survive termination: any obligation you have to pay us or indemnify us, any limitations on our liability, any terms regarding ownership or intellectual property rights, and terms regarding disputes between us.

    WHAT ELSE DO I NEED TO KNOW?

    Warranty Disclaimer. Neither Worldcoin1 nor its licensors or suppliers makes any representations or warranties concerning any content contained in or accessed through the Services, and we will not be responsible or liable for the accuracy, copyright compliance, legality, or decency of material contained in or accessed through the Services. We (and our licensors and suppliers) make no representations or warranties regarding suggestions or recommendations of services or products offered or purchased through the Services. Products and services purchased or offered (whether or not following such recommendations and suggestions) through the Services are provided “AS IS” and without any warranty of any kind from Worldcoin1 or others (unless, with respect to such others only, provided expressly and unambiguously in writing by a designated third party for a specific product). THE SERVICES AND CONTENT ARE PROVIDED BY Worldcoin1 (AND ITS LICENSORS AND SUPPLIERS) ON AN “AS-IS” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR THAT USE OF THE SERVICES WILL BE UNINTERRUPTED OR ERROR-FREE. SOME STATES DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

    Limitation of Liability. TO THE FULLEST EXTENT ALLOWED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY (INCLUDING, WITHOUT LIMITATION, TORT, CONTRACT, STRICT LIABILITY, OR OTHERWISE) SHALL WORLDCOIN1 (OR ITS LICENSORS OR SUPPLIERS) BE LIABLE TO YOU OR TO ANY OTHER PERSON FOR (A) ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND, INCLUDING DAMAGES FOR LOST PROFITS, LOSS OF GOODWILL, WORK STOPPAGE, ACCURACY OF RESULTS, OR COMPUTER FAILURE OR MALFUNCTION, OR (B) ANY AMOUNT, IN THE AGGREGATE, IN EXCESS OF THE GREATER OF (I) $100 OR (II) THE AMOUNTS PAID BY YOU TO COMPANY IN CONNECTION WITH THE SERVICES IN THE TWELVE (12) MONTH PERIOD PRECEDING THIS APPLICABLE CLAIM, OR © ANY MATTER BEYOND OUR REASONABLE CONTROL. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES, SO THE ABOVE LIMITATION AND EXCLUSIONS MAY NOT APPLY TO YOU.

    Indemnity. You agree to indemnify and hold Worldcoin1, its affiliates, officers, agents, employees, and partners harmless from and against any and all claims, liabilities, damages (actual and consequential), losses and expenses (including attorneys’ fees) arising from or in any way related to any third party claims relating to (a) your use of the Services (including any actions taken by a third party using your account), and (b) your violation of these Terms. .

    Assignment. You may not assign, delegate or transfer these Terms or your rights or obligations hereunder, or your Services account, in any way (by operation of law or otherwise) without Worldcoin1’s prior written consent. We may transfer, assign, or delegate these Terms and our rights and obligations without consent.

    Miscellaneous. You will be responsible for paying, withholding, filing, and reporting all taxes, duties, and other governmental assessments associated with your activity in connection with the Services, provided that the Worldcoin1 may, in its sole discretion, do any of the foregoing on your behalf or for itself as it sees fit. The failure of either you or us to exercise, in any way, any right herein shall not be deemed a waiver of any further rights hereunder. If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated, to the minimum extent necessary, so that these Terms shall otherwise remain in full force and effect and enforceable. You and Worldcoin1 agree that these Terms are the complete and exclusive statement of the mutual understanding between you and Worldcoin1, and that it supersedes and cancels all previous written and oral agreements, communications and other understandings relating to the subject matter of these Terms. You hereby acknowledge and agree that you are not an employee, agent, partner, or joint venture of Worldcoin1, and you do not have any authority of any kind to bind Worldcoin1 in any respect whatsoever. Except as expressly set forth in the section above regarding the Apple Application, you and Worldcoin1 agree there are no third party beneficiaries intended under these Terms.