You should read these Terms & Conditions (“Terms”) because they contain our legal commitments and constitute binding legal agreement between BitSafe Sentinel LLC, registration number: 3276, with an office located at Beachmont, Kingstown, Saint Vincent and the Grenadines (“we”, “us”, “our”, the “Company”) and you as user of our Platform and Services.
Please read these Terms carefully to make sure you understand them. By registering on the Platform you are automatically deemed to agree to accept and be legally bound by these Terms. For the avoidance of doubt if you do not agree with the Terms, you should not proceed to access the Platform or use our Services.
You should also read our Privacy Policy as it constitutes an integral part of the Terms. The Privacy Policy explains how we use your personal data.
If you think that there is a mistake in these Terms or have any queries, please contact us to discuss:[email protected] If we have to contact you, we will do so in writing to you at the email address you have provided to us. It is therefore very important that you confirm you have provided a legitimate email address that is used by you personally. When we use the words "writing" or "written" in these terms, this includes emails.
We can update and change these Terms from time to time and the most current version of these Terms will be posted onto the Platform and you may be invited to review and accept the revised Terms in order to continue accessing the Platform and using the Services. We suggest all users regularly check the Terms on the Platform. You can print and save a copy of these Terms for your future reference. By continuing accessing the Platform and using the Services you will be deemed to have accepted the Terms as varied from time to time.
“Account” means a virtual account on the Platform.
“AML/CFT” means Anti-Money laundering and combating the Financing of Terrorism
“Applicable Law” means any acts, statutes, regulations, ordinance, treaties, guidelines, policies issued by any governmental organizations, or regulatory bodies, including but not limited to the Saint Vincent and the Grenadines Laws.
“BlastUP Token” means a cryptographic digital token and a software-created and released by the Company. BlastUP Token grants access to Services and features offered by the Platform.
“Content” means all contents of the Platform, including any logos, identifying marks, images, illustrations, designs, icons, photographs, videos, text and other written and multimedia materials, and requirement, product, services, advertising material, software, code as well as any data, files, archives, folders or downloads available on the Platform.
“Know Your Customer or KYC” means the process of collecting and verifying User’s information and documentation as required according to AML/CFT rules and Applicable Law.
“Platform” means a computer program with relevant user interfaces available on website https://blastup.io/, and any related software made available for access to use the Services.
“Projects” means IDO projects placed on the Platform in which Users can participate if certain conditions are met.
“Prohibited Jurisdictions” means Democratic People’s Republic of Korea, Iran, Myanmar, United States, Syria, Central African Republic, Democratic Republic of Congo, Eritrea, Guinea-Bissau, Iraq, Lebanon, Libya, Mali, Somalia, South Sudan, Sudan, Yemen or other country or territory included in the OFAC or any other UN, EU or other applicable sanctions list.
“Services” means services available on the Platform as described in these Terms
“User” means person who signed up with an Account on the Platform.
“Wallet” means a service which can be used for the purpose of keeping, storing and transferring Cryptocurrency and other tokens.
“Cryptocurrency” means a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes. Virtual assets do not include digital representations of fiat currencies, securities and other corresponding financial assets.
You may access the Platform and use the Services only if you signed up with an Account. When you register an Account, you agree to provide complete and accurate information which may be requested. You also agree to periodically update your information provided to maintain the integrity and accuracy of information.
At the Company’s sole discretion and without liability to you, the Company may refuse to register an Account if your information has been verified to be outdated, incomplete or incorrect.
Registration of the second and more Accounts is impossible. The Company reserves the right to block Users with two or more Accounts.
To be eligible to access the Platform and use the Services, you must be at least 18 years old.
By registering an Account you warrant, represent and undertake that:
BlastUP expressly prohibits any form of illicit activity, including money laundering, terrorist financing or trade sanctions violations, consistent with various jurisdictions’ laws, regulations and norms. To that end, the Platform and the Services are not offered to individuals or entities on any Politically Exposed Persons (“PEP”) lists, or subject to any United States, European Union, or other global sanctions or watch lists. By registering an account you represent that you are not on any such lists.
When we are not checking the identities of people using an Account we will not be liable if your Account is used by someone else. If you become aware of any unauthorized use of your Account you should notify us immediately. Please note that we may need to verify your identity and validate ownership of the Account.
We may determine, at our sole discretion, that it is necessary to obtain certain personal information about you that might be required to maintain compliance with any Applicable law, regulation or policy, including any AML/CFT requirements and policies, in connection with access to the Platform. You agree to provide us such information promptly upon request, otherwise we may restrict your Account.
KYC may be required for the purpose of accessing the Platform, using the Services and participation on some Projects. Therefore the Company reserves the right at any time:
If the Company has the reasonable ground to believe that any User transactions or use the Services derived from any suspicious illegal activities, the Company shall be entitled to suspend, restrict or delete Accounts as necessary. The Company will hold no liability to such Users for any damage or loss arising out of or in connection with this manner herein.
You agree that we may choose to disclose information or outsource KYC to third party service providers, who may also require you to accept their terms and conditions or privacy policy agreements.
BlastUP Tokens are a key element of the Platform and Services. BlastUP Token is classified as the utility token designed to be used solely on the Platform. BlastUP Tokens do not confer any rights, express or implied, other than the right to use BlastUP Token as a means to participate in the Projects and Services, in a manner consistent with its purpose.
BlastUP Tokens and any additional benefits related to it are not intended to be a digital currency, security, commodity, or any other financial instrument and they do not grant any corporate or corporate-like rights. BlastUP Tokens are neither money nor legal tender/currency, whether fiat or otherwise. BlastUP Tokens do not represent or confer any ownership right or stake, share or security or equivalent rights in the Company or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the Company. Holders of BlastUP Tokens are not entitled to any form of dividend or any other revenue rights or voting rights in the Company. Holders of BlastUP Tokens are only entitled to rights relating to the Platform and Services, subject to limitations and conditions in these Terms.
You acknowledge and agree that the Platform is in an early stage of development and may undergo significant changes over time. You understand and accept that an upgrade of BlastUP Tokens may be required and that if you decide not to participate in such upgrade, you may no longer use BlastUP Tokens and the non-upgraded BlastUP Tokens may lose their functionality in full.
You acknowledge and agree to the following risks associated with accessing, purchasing, selling, using or holding BlastUP Tokens:
The price and liquidity of blockchain assets, including utility tokens, can be extremely volatile and may be subject to large fluctuations. Fluctuations in the price of other Cryptocurrency and assets could materially and adversely affect the BlastUP Tokens, which may also be subject to significant price volatility. BlastUP Tokens are not legal tender and are not backed by any government.
You agree and understand that you are solely responsible for determining the nature, potential value, suitability, and appropriateness of these risks for yourself. You agree and understand that the Company will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using utility tokens, however caused.
You acknowledge that you have been warned of the risks, associated with the Platform, BlastUP Tokens, the Projects and other relevant technologies mentioned herein and agree to absolve, and hold the Company harmless from any and all liability for any damages occurring in relation to any of the risks below.
By accepting these Terms and purchasing BlastUP Tokens, you expressly and finally acknowledge, accept and assume all of the risks set forth in herein. All risk of loss transfers to you upon purchase of BlastUP Tokens.
During the periods provided on the Platform you may purchase BlastUP Tokens solely for the purpose of using Platform features, Services, participation in the Projects and you are aware of the risks associated with activity. You are not purchasing BlastUP Tokens for any other purpose including, without limitation, any investment, speculative or financial purpose.
You can purchase BlastUP Tokens made available by the Company directly through the Platform. In order to purchase BlastUP Tokens, you must also have a Wallet that is compatible with the supported blockchain network, sign your Wallet and provide the address. We reserve the right to prescribe additional guidance regarding specific Wallet requirements, and you hereby explicitly waive your right to request any reimbursements for any lost or misplaced payments or receipts of BlastUP Tokens due to non-compliance with such guidelines. We are not responsible for any delays, losses, costs, non-delivery of BlastUP Tokens, or other issues arising from your failing to provide a Wallet or providing an inaccurate or incomplete Wallet address.
The Company agrees to accept payment in native coin (ETH, BNB or MATIC) or USDT. The exchange rate shall be determined solely by the Company. The Company does not have any insight into or control over blockchain payments or transactions and the Company does not have the ability to reverse any transactions. Accordingly, the Company will have no liability to you or any third party for any claims or damages that may arise from any transactions that you engage in.
BlastUP Tokens purchased on the Platform shall be distributed and delivered by as described on the Platform. Notwithstanding the preceding, the Company reserves the right to extend the deadline for delivery of the purchased BlastUP Tokens for up to 72 hours, if this is deemed necessary to address any unanticipated technical difficulties and/or security issues.
The purchase price that you pay for BlastUP Tokens is exclusive of all applicable taxes. You are solely responsible for determining what, if any, taxes apply to your purchase of BlastUP Tokens, 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. We are not responsible for withholding, collecting, reporting or remitting any sales, use, value added or similar tax arising from your purchase of BlastUP Tokens. You agree not to hold the Company or any Company Parties liable for any tax liability associated with or arising from the creation, ownership, use or liquidation of BlastUP Tokens, or any other action or transaction.
Your purchase of BlastUP Tokens is final, and there are no refunds or cancellations except as may be required by applicable law or regulation. To the greatest extent legally possible, you hereby waive any statutory or contractual right to withdraw from, or to rescind, the purchase made in accordance with these Terms. We reserve the right to refuse or cancel BlastUP Token purchase requests at any time at our sole discretion.
By purchasing BlastUP Tokens on behalf of a legal entity, you represent and warrant that such legal entity is duly organized and validly existing under the law of the jurisdiction of its organization and you are duly authorized by such a legal entity to act on its behalf and that such entity will be responsible for breach of these Terms by you or any other employee or agent of such entity.
By purchasing BlastUP Tokens you also represent and warrant that:
BlastUP Tokens allow to get access to tiered Projects. This access is subject to the terms outlined in each specific Project.
The company may provide special programs that allow you to get rewards, for example free BlastUP Tokens, as incentives for your contribution to the Platform ecosystem and participation in Projects.
Сontent on the Platform is provided for general information only and personal use and not intended as financial or investment advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis such Content.
We and our partners exclusively own all rights, title and interest in and to the Platform, related software, the Content including all associated intellectual property rights. Examples include but are not limited to: source and object code, trademarks, logos, graphics, photographs, videos, animations, copyrightable gameplay and texts. In particular, any names, title, logos and designs that contain “BitSafe Sentinel” or “BlastUP” are exclusively owned by us. These Terms shall not be understood and interpreted in a way that they would mean the assignment of intellectual property rights unless it is explicitly defined so in these Terms. You may not use any of Intellectual Property for any reason, except with our express, prior, written consent.
You are being granted a non-exclusive, non-transferable, non-assignable, revocable license to access and use the Platform and related software strictly in accordance with these Terms. You are not allowed to use any of Content in any way unless expressly allowed under these Terms or expressly permitted by us. You may not reverse engineer, decompile, disassemble or modify the Platform in any way.
You agree that:
The Company does not guarantee that the Platform will always be available or be uninterrupted, timely, secure or free from bugs, viruses, errors or omissions. For example, there may be times when the Platform is unavailable due to maintenance or technical problems. We may also change, suspend or discontinue certain Services without giving you prior notice.
Whilst we shall use reasonable endeavors to provide the access to the Platform and Services if and to the extent that we are prevented from performing any or all of our Services due to an event which is beyond our reasonable control we shall not be deemed to be in breach of the Terms, or otherwise liable, for any nonperformance of our obligations under these Terms.
We will take reasonable steps to ensure that the Platform and related software are free from viruses and other malicious software, but we also recommend you use applicable anti-virus software as relevant.
On some pages you may see links to third party websites and advertisements. These links are provided by third parties and not by us. We do not endorse any third-party website, however, in order for users to purchase BlastUP Tokens or proceed with KYC we supply links to our trusted third party services. Subject to Applicable Law we are not responsible or liable for anything that happens to you or your data when you visit these third party websites or use third party services. If you visit any third party website, please be aware that it may have its own terms of use, license agreement and privacy policy which you will need to be aware of.
To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless the Company, the Company partners from and against all actual and threatened claims, lawsuits, demands, actions, investigations (whether formal or informal), liabilities, obligations, judgments, damages, penalties, interests, fees, losses, expenses (including attorneys’ fees and expenses), and costs (including, without limitation, court costs, costs of settlement, and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether claimed by the Company partners, or the or third parties including governmental authorities, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract, or otherwise arising from or relating to:
This foregoing indemnity is in addition to, and not in lieu of, any other remedies that may be available under applicable law. If we or the Company partners are obligated to respond to a third party subpoena or other compulsory legal order or process described above, you will also reimburse us for reasonable attorney fees, as well as our employees’ and contractors’ time and materials spent responding to the third party subpoena or other compulsory legal order or process at reasonable hourly rates.
You will promptly notify us of any third party claims, actions, or proceedings which you become aware of that involves the Company as a result of these Terms. The Company may participate with counsel of its own choosing in any proceedings described above.
To the fullest extent permitted by Applicable Law and except as otherwise specified in a writing by us,
To the fullest extent permitted by applicable law: (i) in no event will Company or any of the company parties be liable for any indirect, special, incidental, consequential, punitive or exemplary losses or damages of any kind (including, but not limited to, where related to loss of revenue, income or profits, diminution of value, loss of use or data, loss or depletion of goodwill, loss of business opportunity, loss of contract, damages for business interruption, loss of anticipated savings, or the like) arising out of or in any way related to the sale or use of the tokens or otherwise related to these terms, regardless of the form of action, whether based in contract, tort (including, but not limited to, simple negligence, whether active, passive or imputed), or any other legal or equitable theory (even if the party has been advised of the possibility of such damages and regardless of whether such damages were foreseeable); and (ii) in no event will the aggregate liability of company, the company parties (jointly), whether in contract, warranty, tort (including negligence, whether active, passive or imputed), or other theory, arising out of or relating to these Terms or the use of or inability to use BlastUP Tokens, exceed the amount you pay to us for BlastUP Tokens.
We are also not responsible for the following types of loss or damage which may arise:
• unauthorised persons who have gained access to your Account (including, without limitation, minors or unauthorised third parties);
• loss or liability incurred by you as a result of accidentally making a purchase
Users are advised to use due diligence when communicating or responding to any social media platform accounts in the name of BlastUP. We urge users to take precaution when divulging information and to check the validity of the source. If in any doubt contact[email protected]. We make every effort to inform our users via our social media platforms of any persons/companies or potential scams that may be impersonating us.
You, as a user of Services, purchaser of BlastUP Token and participant of the Projects warrant to the Company that you are not act as a consumer, and the provisions of any applicable consumer protection rules, or any consumer protection rights, including distance selling rules, shall be excluded to the fullest extent permitted by any applicable law. By using Services, purchasing BlastUP Tokens and participating in the Projects, you waive any consumer protection rights and distance selling rights you may have under any Applicable Law, and agree that the Company shall not be liable for any damages, losses, or other liabilities arising from this.
Severability. If any provision of these Terms is, for any reason, held to be invalid or unenforceable, the other provisions of these Terms will be unimpaired, and the invalid or unenforceable provision will be deemed modified so that it is valid and enforceable to the maximum extent permitted by Applicable Law.
Assignment. You may not assign or transfer any of your rights or obligations under these Terms without prior written consent from the Company. The Company may assign or transfer any or all of its rights under these Terms, in whole or in part, without obtaining your consent or approval.
No waiver. The Company’s failure to assert any right or provision under these Terms shall not constitute a waiver of any such right or provision. No waiver shall be considered a further or continuing waiver of such term or any other term.
No partnership or agency. Our agreement does not create any form of partnership, joint venture, or similar relationship between the Parties. Except as otherwise provided herein, these Terms are intended solely for the benefit of the Parties and are not intended to confer third-party beneficiary rights upon any other person or entity.
Force Majeure. We will not be in breach of these Terms or liable for any delay or failure to perform any obligation under these Terms where the delay or failure results from any event, circumstance or cause beyond our reasonable control. The Parties agree that due to specific nature of blockchain field, the circumstances of force majeure shall in particular include also (but shall not be limited to) hacker attacks, market disturbances, change of laws or regulations, adverse regulatory or enforcement action of public authorities, technical failures and the like.
Governing Law and Jurisdiction. These Terms, your access to the Platform, use of the Services and other related activities will be governed by and construed in accordance with the laws of the Saint Vincent and the Grenadines.
Disputes. By agreeing to the Terms you agree that any dispute, claim or controversy arising out of or relating to these Terms or the existence, breach, termination, enforcement, interpretation or validity thereof, or your access o the Platform and use of the Services at any time, whether before or after the date you agreed to the Terms, will be settled by the courts of the Saint Vincent and the Grenadine. This will preclude you from bringing any class, collective, or representative action against us, and also preclude you from participating in or recovering relief under any current or future class, collective, consolidated, or representative action brought against us by someone else. Prior to filing any claims in accordance with this clause you undertake to send such a claim or request directly to the Company via email. You agree that you will not file any claims in accordance with this clause earlier than 30 (thirty) days after sending such a claim or request to the Company in accordance with this clause. Any claim, filed with the court contrary to the rules set out in this clause, shall be rejected immediately by the tribunal as premature.
Notices. We may provide any notice to you under these Terms by posting a notice on the Platform or sending an email to the email associated with you. Notices we provide by posting on the Platform will be effective upon posting, and notices we provide by email will be effective when we send the email.
Communication. All communications and notices to be made or given pursuant to these Terms must be written in the English language. You agree and acknowledge that all agreements, notices, disclosures, and other communications that we provide to you, including these Terms, will be provided in electronic form. You may contact us by email:[email protected].