MARBLEX Web Services Terms of Use
(Last updated on 30th June, 2025)
These terms of use (“Terms of Use”) for Web Services are provided by MARBLEX Corp. (the “Company”) and any person who uses Web services via Company’s web-based application (see the definition in Article 1.1 hereof; collectively the “Services”) (the “User” or “you”), and set forth certain rights and obligations of the parties hereto.
BY USING THE SERVICES, YOU ACKNOWLEDGE THAT YOU ARE AN ADULT WITH THE LEGAL CAPACITY TO USE THE SERVICES AND WILL BE DEEMED TO HAVE FULLY UNDERSTOOD AND AGREED TO THESE TERMS OF USE. IF YOU DO NOT AGREE WITH THESE TERMS OF USE, OR ARE A MINOR WITHOUT SUCH LEGAL CAPACITY, YOU MUST NOT USE THE SERVICES.
1. Definition
1.1. “Services” shall mean services provided on MARBLEX Web-based Services application provided to the person who have MARBLEX wallet or Immutable Passport The service is based on blockchain technology that allows the User to manage and exchange Digital Assets (as defined below) and store private keys and public keys necessary for managing, trading and exchanging such Digital Assets.
The Services include the following for the purpose of the Terms of Use:
- SWAP between dissimilar digital assets
- SWAP Service
- Staking Services
- Warp Services
- Station Services
- NFT Services (Swap, Airdrop, Coupon, Staking)
1.2 “Digital Asset” shall mean data issued based on blockchain technology as well as cryptocurrency, token, coin, NFT, and other digitalized assets derived therefrom, including, without limitations, MARBLEX Link (MBXL), MARBLEX(MBX), and Marblex Game Token(gMBX) on MARBLEX blockchain.
1.3 “Private Key” means codes generated by randomly combining numbers and letters, which are used in lieu of signatures by the User for opening Digital Asset accounts and/or trading Digital Assets.
1.4 “Public Key” means code generated by randomly combining numbers and letters paired with a private key. It is used as a tool for data verification, such as signing private keys in Digital Asset transactions, etc.
1.5 “Wallet Address” means a code given as a form of random combination of numbers and letters, generated based on a public key for identifying User's account when trading Digital Assets.
1.6 “Wallet” means an account identified by a wallet address granted through the Services, which is used by the User to manage and trade his/her Digital Assets.
1.7 “Trading Password” means User-designated password for security that is required when trading Digital Assets.
1.8 “Affiliated Services” mean MARBLEX Web services that issue Digital Assets managed and traded via the Services (including, but not limited to, coins, tokens, NFTs, etc.).
The definitions of terms used in this Agreement are as follows:
1.9 NFT means a unique digital identifier recorded on the blockchain network and it is linked to content (including, but not limited to, artwork, photos, videos, graphics, images, designs, logos, marks, software, data, information, materials, etc.).
1.10 Available NFT means an NFT that can use the Services and is directly issued by the Company or by a third party through partnership or contract. Available NFT that users can participate in each staking service are classified.
1.11 Staking means an action as an activity required by the operating entity (NFT issuing entity) such as transferring NFT to a specific wallet or address. Staking can be provided in two ways including: (i) a mining type which provides pre-suggested rewards at regular intervals; and (ii) a season type which provides pre-suggested rewards at a time separately designated by the issuer.
1.12 Unstaking means a suspension of the Staking activity as provided for in Section 1.3. Unless otherwise specified, Unstaking is not made automatically and is available only upon user's request.
1.13 Reward means a reward provided to users who fulfill the conditions when using the Services.. It is offered in the form of FT (Fungible Token) or Available NFT.
1.14 Boost Staking means a service that allows users who participate in any Staking (Mining type) to shorten the reward grant time by additionally staking an FT (Fungible Token), etc. under specified conditions.
1.15 NFTSwap means a service that holds NFT in the wallet that meets the conditions specified by the Company (including, but not limited to, who can participate, types, exchange methods, etc.) or provides rewards to eligible users upon satisfaction of the conditions, and can be classified as follows. All services are subject to a specified Claim fee.
- NFTAirdrop Deposits NFT that meet the specified conditions into a pool for a period of time and delivers the deposited NFT and new Available NFT(hereinafter referred to as Reward).
- NFTSwap Swap NFT that meets the specified conditions for Reward.
- NFTClaim Provide Reward to users who meet specified qualifications
- NFTCoupon Provides coupons for services available in the company or affiliated services to users who hold NFT that meet the specified conditions.
1.16 Wallet means an online wallet service that allows users to store, trade, exchange and manage digital assets such as NFTs and FTs. The Company may set the types and conditions of wallets that can use the Services separately.
1.17 Claim Fee means the fee incurred when receiving a reward. Claim fees may be deducted from Rewards according to the conditions specified by the Company for each service (including, but not limited to, the type and quantity of FTs paid), or you may receive Rewards after paying Claim fees in advance.
2. Account
2.1. Eligibility: If you are a qualified person, and there is no restriction otherwise on using the Services pursuant to the laws of your country of residence, then you may agree to the Terms of Use and register a valid account to enjoy the Services.
* You can neither use the Services if you disagree with the Terms of Use, trading Digital Assets is prohibited under the laws of your country of residence, nor when you are a minor without the legal capacity.
2.2. Account Registration: To use the Services, the User must register a valid account through MARBLEX wallet or Immutable Passport service. Any data collected by the Company through an account registration procedure will be processed safely and appropriately in accordance with the Company’s privacy policy, and any details and management method of such data provided by the Company to a third-party for trading or exchanging Digital Assets through the Services will be processed in accordance with the Company’s privacy policy.
2.3. Rejection of Account Registration and Restrictions on Use of the Services: If the User falls under or is expected to fall under any of the following, the Company may prohibit or restrict the User from using the Services or registering an account for the Services, and may suspend all or a part of User’s use of the Services:
i. If the User is not a person with legal capacity or is a minor;
ii. If the User provides false information or does not provide information as requested by the Company;
iii. If the use of the Services constitutes or has a potential risk to constitute a violation of the applicable laws in the User’s country of residence;
iv. If the User is involved in, or there is a reasonable suspicion that the User may be involved in any money laundering or other criminal activities;
v. If the User is a resident of a country that the Company does not provide its Service in; or
vi. If the User’s account registration would result in a violation of any applicable laws or regulations.
2.4. Account Security: The User must keep his/her login information confidential and shall be solely responsible for all uses of his/her account(s). The User may not use other Users’ accounts nor allow other persons to use his/her account(s). The User acknowledges and agrees that he/she is solely responsible for all actions taken in connection with his/her account(s) (including, but not limited to, the sale and exchange of Digital Assets, and any other activities that may occur), and agree that the Company shall not be liable for any losses or damages that may arise as a result thereof. The Company shall not be liable for any loss resulting from any unauthorized access or use of the User’s account based on fraud or otherwise.
3. Amendment
The Terms of Use and the Company’s privacy policy are available at the links set out in the Company’s website. The Company reserves a right to change these Terms of Use from time to time, without notifying the User. The user agrees to review the Terms of Use from time to time and when he/she accesses or uses the Services. The User’s continued use of the Services shall be deemed as his/her acceptance of any and all changes made to the Terms of Use. Unless otherwise stated, such changes will apply and take effect automatically thirty (30) calendar days after the Terms of Use is updated with such changes. The User acknowledges and agrees that his/her sole remedy to avoid being subject to such changes is to cease using the Services. Matters not described herein are interpreted according to and covered by the Marblex Wallet Terms of Use.
4. Service
4.1 Staking Services
4.1.1 The Company may provide staking services for designated Digital Assets(including, but not limited to MBXL, NFT, gMBX, etc.), and may provide rewards to the Users who have participated in staking.
4.1.2 The Company reserves the right to change all related terms such as the start and end of the staking service, Digital Assets available for participation, settlement period and types of rewards and furthermore, but does not guarantee User's profit from participating in the staking. The User acknowledges and agrees that the risks associated with the staking service exist and acknowledges that he/she understands the above and uses the above Service.
4.1.3 The Company shall notify the staking service rules on the Services or through a link and such rules shall constitute a part of these Terms of Use. The Company is also responsible for notifying Users of any changes and modifications to such rules within a reasonable time.
4.1.4 The Company may provide rewards to participating Users in accordance with the staking rules as specified for in 4.2.2 hereof but does not provide any guarantee on the Digital Assets themselves that have participated in staking. The Company has no responsibility or obligation to compensate the User for any loss due to price volatility of Digital Assets or any damage caused by the blockchain network environment.
4.1.5 As specified in Section 2.4, Users are solely responsible for the damages, effects, or any and all negative consequences (including damages to the user and others) caused by the User's negligence or willful conduct. The company does not compensate or take responsibility for the damages, effects, or any and all negative consequences caused by the User’s negligence or willful conduct.
4.2 SWAP Service
4.2.1 The Company may provide a service that allows you to swap Digital Assets managed by your Wallet for other Digital Assets in a mobile application or web-based application The Company shall notify the rules regarding the swap through a pop-up window or a separate method, and the above rules function as a part of these Terms of Use. The Company is also responsible for notifying Users of any changes or modifications to the above rules within a reasonable time.
4.2.2 The Company reserves an absolute right to specify or modify all conditions (including, but not limited to, type of Digital Assets, exchange rate, fees, and compensation) applicable to the swap between Digital Assets, and the User acknowledges and agrees to the above. The Company may notify the details of the above conditions and any changes or abolition of the such conditions within the Services.
4.2.3 As specified in Section 2.4, Users are solely responsible for the damages, effects, or any and all negative consequences (including damages to the user and others) caused by the User's negligence or willful conduct. The company does not compensate or take responsibility for the damages, effects, or any and all negative consequences caused by the User’s negligence or willful conduct.
4.3 MBX Station Service
4.3.1 For the convenience of Service users, the Company may provide the MBX Station Service, which provides functions such as viewing information on some contents of the Affiliated Services and managing and swap digital assets related to the Affiliated Services, through a separate website or service connection.
4.3.2 The MBX Station Service can only be used if you are a user of the Service and a pre-registered user of the Affiliate Services. For subscription or account management of the Affiliated Services, you must contact the Affiliated Service provider.
4.3.3 Information related to Affiliate Services provided through MBX Station is provided as is, and the Company does not guarantee the accuracy or integrity of such information. For information related to the content of Affiliate Services, users should check directly with the relevant service provider.
4.3.4 Through MBX Station, the Company may provide functions such as Digital Assets swap (including Digital Assets to contents swap) of contents available in the Affiliate Service and retrieval of information. The terms of swap of Digital Assets and contents are subject to the policies(including, but not limited to, swap rate, maximum/minimum quantity that can be swapped, fees, slippage, etc.) set by the affiliated service company or the Company. The Company reserves all rights to these terms and conditions, and you acknowledge and agree that any new terms and conditions can be modified, repealed, or added to the terms and conditions at its sole judgment and discretion or, if any, by the request of the Affiliated Services. You acknowledge and agree that all results of swap are at your own risk.
4.3.5 The Company does not have any rights to create, add, modify, etc. to the Affiliate Service Content, and shall not be liable for any compensation or liability for any loss, damage, or change in the related content. You acknowledge and agree that the Affiliate Service Content is operated in accordance with the terms and policies of the applicable provider, and that any inquiries regarding the Affiliate Service Content should be resolved through the Affiliate Service Provider.
4.3.6 The Company may provide additional services (including but not limited to sales sites such as virtual goods used in the Affiliated Services) as a link within the MBX Station service. The user acknowledges and agrees that the connected service is operated by the Affiliated Service provider, and the company does not bear any compensation or responsibility for any consequences arising from the use of the connected service.
4.3.7 The Company reserves all rights to operate the Service, including any changes or discontinuance of the MBX Station Service, in whole or in part, in its sole discretion, and you acknowledge and agree that. Any changes or discontinuance of the Service may be announced through the Service.
4.4 Warp Services
4.4.1 The Company provides the Warp Service, which allows you to swap MBX distributed through various Blockchain Mainnets ("Mainnet") for MBXL, or to swap your MBXL for MBX on the selected Mainnet.
4.4.2 The Company reserves the right, at its sole discretion, to specify or change the rules of the Warp Service (including, but not limited to, the type of mainnet available, the maximum and minimum quantities of swaps, and swap fees), but does not guarantee the integrity of the mainnet. You acknowledge and agree that there are risks associated with the Warp Service, and that you are responsible for all consequences of your use.
4.4.3 The Company may announce and notify the Warp Service Rules within the Service or via a related link
4.5 NFT Staking (Mining type) : When Staking an Available NFT specified as Mining type, you can receive the Reward specified for that NFT.
4.5.1 Available NFT have their own maximum quantity and type of Rewards that can be granted according to the type or grade/level determined by the issuer. You cannot receive a Reward just by holding Available NFT in your Wallet, and you can receive a Reward only by proceeding with the Staking.
4.5.2 Rewards according to the Staking will be provided accumulatively according to the specified calculation method and frequency. Rewards are not provided automatically, and users can directly receive Rewards in their Wallets connected to the Services by using the Reward receiving function within the Services. Any receiving of a Reward incurs a Claim Fee and the Reward subject to the granting will be sent to your Wallet after deducting applicable Claim Fee therefrom.
4.5.3 The Company reserves the right to change, add or delete major conditions related to the granting Rewards (including, but not limited to, calculation method of Available NFT, payment cycle, waiting time for Unstaking, Unstaking fee, Reward type, Claim Fee, etc.) And the issuer has the right to any Available NFT issued by a third party. The Company or the NFT issuing entity can provide major conditions related to the Reward through the Services or any link pages.
4.5.4 Any available NFT in the Staking state cannot be traded, swapped or transferred. User can trade, swap or transfer such Available NTF only when the application for the Unstaking thereof is filed and such application is duly accepted. Unstaking process is not completed immediately after the filing of application and it will be completed after the lapse of specified waiting time. If there is a Reward that has not been received, it will be automatically provided at the time of completion of the Unstaking after deducting applicable Claim Fee therefrom. Depending on the Available NFT, unstaking may incur fees.
4.5.5 Reward granting will be suspended upon the filing of application for Unstaking. If you proceed with the Staking again after Unstaking is completed, then you can continue to receive the remaining Rewards excluding the ones already granted.
4.5.6 Even upon trade, exchange or transfer of any Available NFT between users, the total granting amount of the Rewards and the remaining amount that can be received remain to be the same and will not be initialized. If the previous holder sells or transfers his/her Available NFT after receiving some or all its Rewards, then the subsequent holder can only acquire the remaining amount of such Rewards.
4.6 Boost Staking : The Company can provide any Boost Staking, which allows users to accelerate the granting timing of Rewards by additionally Staking FT under conditions specified by the Company. Boost Staking participants can receive the amount of granting per any Reward granting cycle in accordance with Section 4.1 hereof before the original granting cycle ends (provided, however, that this doesn’t mean the increase in the total amount of Rewards granted or scheduled to be granted). Users can opt to use the Boost Staking at his/her own discretion, and it is not a prerequisite for the participation in any NFT Staking.
4.6.1 Any user who is participating in the Staking set forth in Section 4.1 hereof while holding the FT (a FT that meets the major conditions defined in Section 4.2.3 hereof) by which the user can participate in the Boost Skating in his/her Wallet can increase the amount of Reward granting in the Staking granting period by conducting additional Boost Stacking. Even if the amount of Reward granting increases, the total amount of Reward granting specified according to the Available NFT grade or type will not change.
4.6.2 According to the number of Tokens involved in the Boost Staking, the amount of Reward granted during the granting cycle will increase according to the determined formula for provision. No separate Reward will be provided for Tokens participating in the Boost Staking, except for the increase in the amount of Rewards granted.
4.6.3 The Company reserves an absolute right to determine the main conditions of Boost Staking (including, but not limited to, the types of Tokens available for the participation, the formula for calculating the amount of Rewards, etc.) and to change, add or delete them afterwards. The main conditions for Boost Staking can be provided through the Services or a link page.
4.6.4 When a user is participating in a Boost Staking, he/she cannot change the quantity of Tokens that can participate in the Boost Staking or Unstake only a part of them. In order to change the participation quantity, you need to Unstake the Boost Staking entirely and then proceed with the Staking again. When a user Unstakes all the Stakings he/she is participating in, it will Unstake the Boost Staking automatically. Boost Staking may require payment of separate fee upon any Staking and Unstaking. Unstaking of a Boost Staking will not be implemented immediately and will be completed after the lapse of designated waiting time after the filing of application.
4.6.5 In principle, you may conduct the Boost staking only by the Staking of a single NFT. If you are participating in the Staking on a multiple number of NFTs, then the effect of the Boost Staking will be divided by the number of staked NFT based on the total Reward amount.
4.7 Level-up : Users may increase the total amount of the Rewards provided through the level-up of Available NFT in accordance with Section 4.1.1. hereof. Provided, however, that you cannot conduct the level up on any Available NFT which is participating in the Staking.
4.7.1 Users can level up their Available NFT owned by using the specified type and quantity of the Tokens, and when the level goes up, the maximum value of the specified Reward can be raised.
4.7.2 The Company reserves the right to change, add or delete the main conditions related to the level-up (including, but not limited to, the type and quantity of the FT required, the total amount of Rewards per level and the maximum level), and such right is vested in the issuing entity on any Available NFT which was issued by a third party. The Company or the NFT issuing entity may provide matters related to the main conditions on the level-up via the Services or any link page.
4.7.3 Level-up is available only when all Rewards assigned to the present level of the Available NFT have been received. You cannot level up if you have any Reward that has not been received or if your Available NFT has reached the maximum level.
4.7.4 The level-up status is maintained and not initialized even when the Available NFT is exchanged, traded or transferred between users. The provisions of Section 4.1.6 hereof shall apply mutatis mutandis to the content related to the Reward.
4.8 NFT Staking (Season type) : During any Staking Season, you can participate in the Staking and receive Rewards specified for such Staking Season according to the importance of the NFT.
4.8.1. When the Staking Season begins, users can participate in the NFT Staking (Season type) when they have Available NFT in their Wallets.
4.8.2 Each Available NFT has a level of importance determined by its issuing entity and depending on the issuing entity, Available NFT can be divided into multiple groups (names may vary depending on the issuing entity). You cannot receive a Reward just by holding Available NFT in your Wallet, and you can only receive a Reward by participating in any Staking.
4.8.3 In any Staking Season, the total amount of Rewards that can be granted within such Season is separately designated, and users can be granted the Rewards out of the total amount thereof in proportion to the level of importance designated in the Available NFT participating in the Staking and the ratio designated by group (only when the issuing entity has separately classified it). Rewards are not granted automatically, and users can directly receive Rewards in their Wallets connected to the service by using the Reward receiving function within the Services. A Claim Fee is charged when receiving a Reward and the Claim Fee will be deducted from the received Reward and the remaining will be sent to the Wallet.
4.8.4 If you did not participate in the Staking or have not received a Reward in any Staking Season, you can receive the Season Rewards for such Available NFT by getting accumulated Rewards upon your participation in the next round of Staking.
4.8.5 The Company reserves the right to change, add or delete major conditions related to the Staking (including, but not limited to, the timing and frequency of Season operation, classification of groups and total amount of Rewards per Season), and for any Available NFT issued by a third party, such right shall belong to the related issuing entity. The Company or NFT issuing entity may provide matters related to major conditions on the Staking via the Services or any link page.
4.8.6 Any Available NFT in the middle of the Staking state cannot be traded, exchanged or transferred. Any Available NFT may be traded, exchanged or transferred after a user directly requests for the Unstaking and the Unstaking process is completed. Unstaking is not completed immediately after the request, and it will be completed after the lapse of specified waiting time.
4.8.7 Even when the Available NFT is exchanged, traded or transferred between users, the importance level and the Season Reward receipt status of such Available NFT will stay the same and will not be initialized. If the previous holder sells or transfers an Available NTF after receiving all related Season Rewards, then the subsequent holder may only acquire the Rewards for the following Season.
4.9 NFT Swap : Users may deposit their existing Available NFT under the conditions specified by the Company, or exchange them for new Available NFT by meeting the specified qualifications. This service includes detailed functions such as NFT Swap, NFT Airdrop, NFT Claim, and NFT Coupon.
4.9.1 NFT Swap If you hold Available NFT with the conditions specified by the Company, you can exchange at least one of your Available NFT for one new Available NFT if the swap conditions are satisfied, and the Available NFT will not be returned. The type and range of Available NFT to be swapped will be disclosed in advance and provided by the specified probability.
4.9.2 NFT Airdrop If a holds Available NFT with conditions specified by the Company, it can deposit at least one holding Available NFT into the services system and swap it for one new Available NFT after a specified period of time, and the deposited Available NFT will be returned. The type, range, and deposit period of swapped Available NFT will be disclosed in advance and will be provided by a specified probability. Transfer, trading, and exchange of Available NFT on deposit are restricted.
4.9.3 NFT Claim Users who meet the conditions specified by the Company may acquire new Available NFT by providing a certain fee. The type and range of Available NFT that can be acquired will be disclosed in advance and provided by the specified probability.
4.9.4 Users who have Available NFT with the conditions specified by the Company can authenticate the Available NFT to the Service and receive the specified coupon. The coupon information is sent to the user's wallet, and the coupon can be used by authenticating the coupon information in the wallet at the place of use.
4.9.5 All services within NFT swap have a limited period and quantity of rewards. If the period expires or the quantity is exhausted, the service will not be available until the next opening. However, unlike the NFTswap services, coupons that have been paid may be used within the period specified in the coupon's available information and usage destination. You can check the provision period and quantity of all services in NFT swap at any time within the Services.
4.9.6 Available NFT that are participating in NFT staking or deposited in NFT airdrop cannot be used for NFTswap services. However, Available NFT that are participating in NFT staking can be used for NFTswap service after unstaking.
4.9.7 Claim fee is charged for the use of all services of NFTswap, and the user acknowledges and agrees that the company reserves all rights to change, add, or delete the Claim fee. In addition, the user acknowledges and agrees that the company reserves all rights to change, add, or delete the conditions of all services of NFTswap (including, but not limited to, the type of NFT available, the target, the type and scope of NFT to be swapped, etc.).
4.9.8 The Company does not guarantee the use of the NFTswap service for all availableNFT, and the use of the service is not included in the requirements to constitute an Available NFT. Coupons provided through the NFT coupon service are subject to change in accordance with the policies of the affiliated service operator or the coupon usage destination, and the Company is not responsible for guaranteeing or compensating.
4.9.9 The Company may provide services through multiple blockchain networks, but does not guarantee the integrity of the blockchain network. Users must clearly recognize and select the "Available NFT" blockchain network for input and acquisition when using all services of NFT swap. The Company does not guarantee or assume responsibility for any results caused by the blockchain network.
4.10 NFT Holder Verification Service : The Company may provide a service that allows Users to verify their ownership of designated NFTs by linking their blockchain wallet and external platform accounts (such as Discord, Twitter, etc.). This verification process may be required to access certain features, events, or benefits.
4.10.1 The verification is conducted by referencing public on-chain data and platform identifiers. Users must voluntarily provide their wallet address and external platform ID to complete the process. The Company will not store or use this data for any purpose beyond verification unless separately consented by the User.
4.10.2 The Company shall not be liable for any issues arising from integration with third-party platforms or blockchain networks, including verification failures or technical limitations. The User acknowledges and agrees that the Company only facilitates the interface and has no responsibility for third-party platform operations.
4.10.3 The Company may modify or suspend the verification service at any time without prior notice. The User agrees to the above conditions and understands that NFT ownership verification does not guarantee eligibility for rewards or services unless otherwise specified.
4.11 The Company reserves the right to create and apply additional rules for all Services referred to in Section 4 at any time to establish the details of the content set forth in these Terms, which shall constitute part of the Terms of Use. The Company may notify these additional rules in the Services or through hyper links.
4.12 You are solely responsible for any damages, effects or any negative consequences (including damages to you and others) caused by your negligent or intentional conduct in using any of the Service. The Company shall not indemnify or compensate or be liable for any damages, effects or any negative consequences caused by the User's negligence or intentional acts.
5. User Compliance
5.1 The User shall not engage in any of the following activities when using the Services. If there is a reasonable suspicion that the User does or intends to carry out any of the following activities, the Company may limit all or part of the Services, or terminate any contract relating to the Services to the User:
i. Any act that may result in failure of or interruption/suspension to the Services;
ii. Any act that infringes on any rights such as intellectual property rights of the Company, Affiliated Service providers, and/or any other third parties;
iii. The act of using the Services for purposes of unjustly enriching the User or others or inflicting harm on others;
iv. The act of lending or transferring the right to use the Services to another person, or granting access by providing Trading Password or Secondary Password;
v. The act of using the Services by misappropriating or unlawfully accessing another person’s information;
vi. The act of installing illegal software or code, or technically incapacitating security measures within the Services (including disseminating or discussing methods to carry out such actions);
vii. The act of trading or attempting to trade an NTF on which the User doesn’t have any lawful right thereto or which was created or copied in unjust manner;
viii The act of using any method which has not been recognized by the Company, using the Services via illegal act or having any attempt to do so; and
ix. Other acts that the Company deems to interfere with the operation of the Services, or other actions that are prohibited by the Company’s business partners or counterparties.
5.2 The User must keep safe his/her Trading Passwords and/or Secondary Passwords through appropriate means :
i. The User shall not keep his/her Trading Password or Secondary Password on websites or locations that a third party may easily access or misappropriate from.
ii. If a password is entered incorrectly for more than the permitted number of times, trading activities may be suspended for up to 24 hours.
5.3 Users shall check the relevant information when purchasing or acquiring an Available NFT. Users shall take complete responsibility for all the consequences from the use of an Available NFT created or obtained through inappropriate methods or attempts in the view of the issuance entity or in accordance with the terms of service of the issuing entity, and the Company does not guarantee or compensate for such matters.
6. Intellectual Property Rights
6.1 The User acknowledges that any copyright, trademark and other intellectual property rights associated with all materials provided in the Services belong to or licensed by the Company.
6.2 The User acknowledges that his/her rights to use the Services granted hereunder are personal, non-exclusive and non-transferable or assignable.
6.3 The User may not at his/her discretion cancel or disable security measures put in place in the Services, or engage in reverse engineering or hacking of or into the Services.
6.4 The User shall not reproduce, transmit, distribute, use by any other means, or allow a third party to use, the Services or any and all materials contained therein unless he/she obtains a separate prior written consent from the Company and Affiliated Service providers or executes a separate contract thereon, nor shall he/she use the Services or any materials contained therein for his/her own commercial purposes. In addition, the User shall not lease, rent, sublicense, sell, assign, encumber or transfer the Services or such materials.
6.5 The User shall be prohibited from removing, obscuring or changing the contents of the Services and any ownership, intellectual property rights, and any other rights related thereto.
6.6 When using the Services, the User shall not produce or use anything identical or similar to a mark indicating third party’s goods or services or indicating third party’s business, such as the names, trade names, and trademarks of the “Company” and “third party service” providers.
6.7 Available NFT and NFT-related content, as well as all registered trademarks, product names and intellectual property rights contained therein, are the property of the publisher or their respective rights holders and may not be copied, imitated or used. Any buyer or holder of an Available NFT cannot use such NFT beyond the scope of limited license specified by the issuing entity of such NFT.
7. License
7.1 By holding an Available NFT in his/her Wallet, users can exercise the license granted thereto. Provided, however, that users acknowledge and agree that all contents (including, but not limited to, artwork, photos, videos, graphics, images, designs, etc.) included in or linked to such NFT are owned by the Company or the related issuing entity.
7.2 In accordance with Section 7.1 hereof, users are entitled to a non-exclusive, non-transferable, non-sublicensable, revocable and limited license (including the right to sell, transfer or dispose of) on the Available NFT for personal and non-commercial use. If a user sells, transfers or disposes of the Available NFT, all licenses granted to such user in relation to such Available NFT will automatically terminate, and such user will not have any rights in relation to such Available NFT.
7.3 All matters in Section 7 hereof shall be commonly applied to Available NFT, and if any Available NFT issued by a third party other than the Company has a separately designated license, such license shall take precedence over this provision. Users shall directly check the relevant contents and comply with them.
8. Privacy Policy
8.1. The Company may collect, process, use, and/or transfer the User’s personal data in accordance with the Company’s privacy policy when providing Services.
8.2. By using the Services, the User consents to the Company’s collection, processing, use, and transfer of his/her personal data in the manner set out in the Company’s privacy policy. Please do not use the Services if you disagree with the Company’s privacy policy.
8.3 The User agrees that the Services may not be privately or securely provided and that the Company makes no guarantees of any kind. The User shall be responsible for taking all necessary and appropriate precautions and safety measures before using the Services.
9. Third Party Advertising
The Company may advertise or provide service links of Affiliated Service providers or third parties within the Services for the convenience of the Users. The User understands that the Company does not control the content, product or services of Affiliated Service providers or third parties. The Company shall not be responsible for any Affiliated Services or third party services that may be accessed through the Services, nor does the Company guarantee the accuracy of the contents advertised. The User acknowledges and agrees that he/she shall access and use any linked services entirely at his/her own risk and responsibility, and that the Company shall not be liable to the User for any loss or damages that may arise from the User’s use of the linked services, directly or indirectly.
10. Suspension and Change of Services
10.1 The Company reserves the right to temporarily suspend, terminate or change the Services for purposes of or as a result of any inspection, replacement or breakdown of its facilities, any communication interruption, any disruptions in the Digital Assets market, regulatory compliance, force majeure events or serious operational events.
10.2 The Company reserves the right to temporarily or permanently limit all or a part of the Services or terminate the contract with the User if he/she is found to have breached any of the provisions set out in these Terms of Use or violated any relevant laws and regulations.
10.3 The Company may notify the User using any appropriate means in advance, if possible, before terminating Services pursuant to Article 9.1. However, in case of emergency or in an event that is not within its control, the Company may provide such notice ex post facto.
11. Indemnification
11.1 The Company is not responsible for, nor does it guarantee the services provided by Affiliated Service Providers. For any issues related to Digital Assets of a provider for relevant Affiliated Services, please review the terms of use of such provider or contact such provider’s customer support center.
11.2 The Company does not guarantee the integrity of its blockchain network and shall not be liable to the Users for any loss or damage caused therefrom. When trading Digital Assets (including, but not limited to, exchange, staking, liquidity pool provision, etc.), the User himself/herself must confirm the results of such trading transactions.
11.3 Although the Company endeavors to ensure the integrity and accuracy of its Services, the Company does not provide any guarantee the absence of any hacking, other security intrusions or technical integrity.
11.4 The Company does not predict or guarantee the profit/loss of User’s Digital Assets or any changes in value of such Digital Assets made in the Services, and is not responsible for any such outcome. The User acknowledges and agrees that any direct or indirect loss resulting from his/her use of Digital Assets is User's own responsibility and he/she cannot claim any compensation or otherwise hold the Company responsible for such loss.
11.5 The Company shall not be responsible for any kind of losses or damages incurred by the User as a result or arising out of any action or inaction taken by the User related to Services.
11.6 The Company shall not be responsible for any errors in the transmission of Digital Assets caused by the Users’ errors (including, but not limited to, incorrectly typing in the Services).
12. Termination
12.1 The Company reserves the right to suspend or terminate the User’s access to the Services, and to revoke the User’s limited rights granted herein at any time for any reasons, without prior notice. In such cases, the Company has no obligation to provide refunds, benefits or other compensation to the User in relation to such suspension or termination.
12.2. If the Company determines that the User is in any material breach of the Terms of Use (which shall include his/her non-material breaches in repeated manners), the Company may terminate and delete the Services to the User or otherwise temporarily or permanently limit his/her access to the Services, in part or in whole, without providing prior warnings. The Company may also terminate or suspend the Services for any other reasons that the Company deems appropriate, at its sole discretion.
13. Severability
If any part of these Terms of Use is found to be unlawful, void or unenforceable under relevant local laws or in the jurisdiction of any relevant courts, such provision shall be severed and the remaining Terms of Use shall remain in effect.
14. Jurisdiction, Governing Law and Dispute Resolution
14.1. Any disputes or claims arising out of or in connection with these Terms of Use will be governed by and construed in accordance with the laws of Singapore, without giving effect to any choice or conflict of law principles. Any dispute arising from or in connection with these Terms of Use can be irrevocably submitted to the exclusive jurisdiction of the arbitration adjudication under the Arbitration Rules of the Singaporean International Arbitration Centre (“SIAC”).
14.2 If the User has a claim against the Company in connection with these Terms of Use, the Company recommends that the User contact the Company’s customer support to resolve the claim in an amicable manner. If the parties are unable to reach an amicable resolution within 30 days after the filing of the claim, then either party may refer the dispute to the SIAC in accordance with the arbitration rules of the SIAC. The arbitration shall be held before a single arbitrator jointly chosen by the parties. If the parties are unable to agree on an arbitrator, either party may request the SIAC to appoint an arbitrator.
14.3 In connection with Article 13.1 hereof, the party that seeks arbitration must first send the other party a written notice of the Disputes (the “Notice”) by certified mail. User’s Notice to the Company must be sent to IGS, 25, Mullae-ro 28 gil, Yeongdeungpo-gu, Seoul, Korea. The Notice must (a) explain the nature and basis of the claim or Dispute; and (b) specify the remedies sought by the claimant. Unless the User and the Company agree to resolve the claim within 30 days of having received the Notice, either party may commence an arbitration proceeding.
15. Questions about these Terms of Use
In case the User has any questions about these Terms of Use and the Services, please contact the Company through its customer center or through the address provided below: