Terms and Conditions
1. Introduction
Purpose: As part of accessing the DecryptoX platform and taking part in its Initial Coin Offering (ICO) for DCRX tokens, your usage is subject to these Terms and Conditions. Users who access or create accounts or purchase tokens through DecryptoX platform must comply with these Terms in their entire scope. These Terms serve as a binding agreement between you ("User") and DecryptoX.
Scope of Agreement: This Agreement covers all activities on the DecryptoX platform, including token acquisition, staking, feature use, and any interactions involving the platform’s digital assets or proprietary technologies. All interactions with DecryptoX’s technology are subject to the provisions outlined herein.
Modification of Terms: DecryptoX reserves the right to update or revise these Terms at any time without prior notification. Amendments will be effective immediately upon posting. We encourage Users to review these Terms regularly. Continued use of DecryptoX services constitutes acceptance of updated Terms.
2. Eligibility
Age Requirement: Only users who have reached an age of 18 years old or have reached the legal age of their jurisdiction can join the ICO and access DecryptoX services.
Jurisdictional Restrictions: DecryptoX follows all cryptocurrency engagement rules set by jurisdictions that limit such operations. The User must double-check their participation eligibility against local laws before starting any process. DecryptoX prohibits Users from restricted regions to join based on the results of its compliance standards and regulatory assessments.
3. Token Purchase Terms
Token Utility: DCRX tokens are designed exclusively for utility within the DecryptoX ecosystem. Holders can access specific platform features, participate in decentralized governance votes, reduce transaction fees, and engage in staking mechanisms. DCRX tokens confer no equity, debt, or ownership interest in DecryptoX.
Token Sale Structure: The ICO features two distinct phases:
- Phase 1 (Pre-Presale): Running for 2 months prior to the public presale, this phase offers DCRX tokens at a fixed rate.
- Phase 2 (Public Presale): This phase lasts for 4 months, during which the token price increases incrementally every two days to incentivize early participation.
Non-Investment Disclaimer: DCRX tokens do not represent any security, share. Purchases should be made with an understanding of the potential risks and should not be undertaken as an investment with an expectation of profit.
4. Payment and Refund Policy
Accepted Cryptocurrencies DecryptoX permits users to pay with Bitcoin (BTC) and Ethereum (ETH) and Tether (USDT) along with a limited range of specific cryptocurrencies. DecryptoX maintains the authority to change accepted payment types which will be displayed on their platform.
Finality of Transactions Users receive no ability to reverse any actions made within the DecryptoX platform. After blockchain processes token purchases they become irreversible because blockchain transactions cannot be reversed. Users should make their ICO choices wisely by understanding the system lacks any possibility to reverse transactions because this becomes a final blockchain action. Transaction Fees Users are responsible for any additional transaction fees, including blockchain or network fees, incurred during the purchase of DCRX tokens. DecryptoX does not cover or reimburse such fees.5. Wallet and Security
Supported Wallets Users must use compatible wallets, such as MetaMask, Trust Wallet, or other BNB-compatible wallets, to connect with DecryptoX. It is the User's responsibility to ensure compatibility and functionality.
User Responsibility for Security DecryptoX does not have access to User wallets or private keys. Users are solely responsible for the safekeeping of their private keys and wallet credentials. DecryptoX disclaims liability for any loss due to unauthorized access or theft from User accounts.
Connecting Wallets Securely For security purposes, Users should always confirm they are using the official DecryptoX website and avoid sharing private keys with any third parties. DecryptoXwill never request sensitive wallet information.
6. Risks and Disclaimers
Market Volatility Cryptocurrencies, including DCRX, are subject to high volatility. Users acknowledge the risk of substantial fluctuations in the value of DCRX and should consider these risks before purchasing.
Platform Development and Operational Risks DecryptoX is an evolving project, and unforeseen challenges may affect its development. These risks include potential delays, technical issues, or disruptions. DecryptoX makes no guarantees regarding future functionality.
No Financial Returns or Guarantees DCRX is a utility token with no promise of returns or financial gain. Participation in the ICO should be based solely on intended usage within the DecryptoXecosystem rather than speculation or investment motives.
Limitation of Liability DecryptoX assumes no liability for losses or damages arising from ICO participation, including losses due to technical errors, unforeseen platform changes, or third-party actions.
7. Intellectual Property
Ownership Rights All DecryptoX content, including code, trademarks, logos, designs, and documentation, is the exclusive property of DecryptoX. Users do not acquire any ownership or intellectual property rights through token purchase or platform use.
Restrictions on Use Users may not use, copy, reproduce, or modify DecryptoX’s intellectual property without prior written permission. Unauthorized use of platform assets is strictly prohibited.
Third-Party Content DecryptoX may display or link to third-party materials. DecryptoX is not responsible for the accuracy or legitimacy of third-party content and does not endorse third-party offerings.
8. Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance
DID/VC Verification Mechanism Users may be subject to decentralized identity verification using DID and VCs for compliance and security purposes. This verification does not compromise User privacy but ensures platform integrity.
User Obligations Users must provide complete and accurate information when required for identity verification. Providing false or misleading information may result in account suspension.
Compliance Practices DecryptoX implements AML and KYC practices to prevent misuse of its services, including money laundering, fraud, and other illicit activities.
9. Privacy Policy
Scope of Data Collection DecryptoX collects data necessary for platform functionality, user interaction, and security compliance. This includes data such as IP addresses, transaction details, wallet addresses, and, when required, data for decentralized identity verification. User data is processed in compliance with privacy standards, ensuring transparency and accountability.
Use of Personal Data Collected data will be utilized strictly for improving user experience, security monitoring, and complying with regulatory requirements. DecryptoX may use aggregated data to analyze platform performance but will not sell or disclose individual data to third parties without user consent, except where required by law.
Data Sharing with Third-Party Services DecryptoX may share data with third-party service providers only when necessary to fulfill operational needs (such as identity verification) or compliance requirements. Third-party providers are contractually obligated to handle data securely and in line with DecryptoX’s privacy standards.
Data Security and Storage DecryptoX uses encryption, regular security audits, and access controls to protect user data. While we strive for high security, users acknowledge the inherent risks in digital transactions and agree that DecryptoX is not liable for any unauthorized access resulting from security vulnerabilities outside its control.
10. Termination and Account Suspension
Termination Rights DecryptoX reserves the right to terminate user accounts in cases of violation of these Terms, misuse of the platform, or activities deemed illegal or harmful. Termination may occur without prior notice in severe cases, and access to DCRX tokens and platform features will be suspended accordingly.
Account Suspension for Security and Maintenance To ensure a secure platform, DecryptoX may temporarily suspend account access for maintenance, upgrades, or security assessments. Such suspensions will be communicated in advance when possible. Users acknowledge that while DecryptoX aims to minimize disruptions, some suspensions may be mandatory for security reasons.
User Responsibilities Upon Termination Users whose accounts are terminated forfeit their access to the platform and any associated benefits. Terminated users remain responsible for any actions taken prior to termination, including financial obligations or claims resulting from breaches of these Terms.
11. Indemnification
User Obligations By using DecryptoX services, users agree to indemnify and hold harmless DecryptoX and its affiliates against any claims, damages, losses, or expenses arising from their platform usage, ICO participation, or breach of these Terms.
Scope of Indemnification Indemnification includes all reasonable legal costs incurred by DecryptoX due to user actions, including litigation fees and damages resulting from misuse of the platform or illegal activities. Users assume liability for any third-party claims or demands resulting from their interactions on DecryptoX.
12. Governing Law and Dispute Resolution
Applicable Jurisdiction Any legal obligations to the Terms and Conditions will comply with Singapore laws as the governing framework. Each user consents to have their legal matters ruled by the specified jurisdictional laws.
Binding Arbitration for Dispute Resolution DecryptoX and its users use binding arbitration as the exclusive method to solve their disagreements while both parties agree to handle disputes in a confidential process. Both parties accept arbitration as an efficient option to standardized court procedures because the arbitrator's ruling will become their definitive conclusion.
Exclusions from Arbitration The arbitration clause does not apply when there are infringements of intellectual property rights or cases of criminal liability because these matters remain under the jurisdiction of Singaporean courts.
13. Forward-Looking Statements and Risks Disclaimer
Non-Guarantee of Future Outcomes DecryptoX may publish forward-looking statements regarding goals, anticipated developments, or future projections. These statements are for informational purposes only and should not be interpreted as guarantees of success, platform functionality, or financial returns. Users acknowledge the potential risks associated with technology development, regulatory shifts, and market volatility.
Assumption of Risks by Users Users should conduct their own research before participating in the DecryptoX ICO. By purchasing DCRX tokens or using the platform, users accept any and all risks, including technological, financial, and regulatory risks associated with cryptocurrency involvement.
14. Contact and Support Information
Official Communication Channels Users are encouraged to contact DecryptoX through the official communication channels specified on the website for any questions, technical support, or clarifications regarding the ICO, platform usage, or terms of service.
Customer Support Availability DecryptoX provides customer support to address technical issues, account queries, and general platform information. Support may be limited to specific hours, with response times contingent on the complexity of the inquiry.
15. Acceptance of Terms
Acknowledgment of Terms and User Agreement By engaging with the DecryptoX ICO or using DecryptoX services, users confirm that they have read, understood, and accepted these Terms and Conditions. Continued use of the platform implies acceptance of any subsequent amendments.
Amendments to Terms and Conditions Users agree that DecryptoX may modify these Terms to reflect evolving legal, regulatory, or operational requirements. Any updates will be posted on the DecryptoX website, and continued platform usage signifies agreement with the revised Terms.
