Bloxios
Terms & Conditions
1. Introduction
Welcome to Bloxios, your gateway to Web3 wallet and staking solutions. These Terms and Conditions outline the rules for using our services, including but not limited to demo accounts, staking services, and cloud mining services. By accessing and engaging with our services, you consent to abide by these Terms and Conditions.
2. Definitions
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"We", "Our", and "Us": Refer to Bloxios, the provider of comprehensive services in the blockchain space.
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"You": Refers to any individual or entity utilizing our services.
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"Services": Includes all offerings by Bloxios, such as demo accounts, Staking Services to be available in November 2024, Cloud Mining Services to be available in November 2024, and blockchain services.
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"Assets": Represents the digital assets or cryptocurrencies that users manage within our platform.
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"Staking Period": The duration for which assets are held in staking as agreed by the user.
3. Services
Bloxios is dedicated to offering state-of-the-art services that leverage the latest in blockchain technology to empower our users. Among our suite of services, we provide:
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a) Demo Accounts: Currently, users can access demo accounts to explore our platform as we prepare for our full launch in November 2024.
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b) Staking for PoS Mechanism Cryptocurrencies: Our platform enables users to engage in the staking process of PoS mechanism cryptocurrencies. It’s a contribution to the blockchain's operational integrity and security, not an investment. The blockchain network's protocols autonomously distribute network distributions as a result of participation.
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c) Cloud Mining for PoW Mechanism Cryptocurrencies: We offer cloud mining services for PoW mechanism cryptocurrencies. Users can contribute to the blockchain's mining process, which is crucial for maintaining its functionality and security. The blockchain protocol issues network distributions for mining efforts, based on the computational work done.
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d) Other Services Upon Request: In addition to our primary offerings, Bloxios provides a suite of customizable services in Metaverse development and blockchain development services. These services are available upon request, catering to the specific needs of our users and projects. We encourage users to contact us directly to discuss how we can support your objectives within these dynamic fields.
4. Decentralized Wallets and Asset Ownership
Our wallets are 100% decentralized, ensuring you retain full ownership and control over your assets without interference. Unstaking of assets aligns with blockchain protocols, enabling flexibility and autonomy in asset management.
4.1 Service Commitment and Termination
For staking services or cloud mining, users commit to a minimum period of 6 months up to a maximum of 5 years, during which early termination is not possible. For Metaverse development and other services, each contract is individually drafted and tailored to the client's project requirements and agreed upon negotiations.
5. No KYC Requirement
Bloxios champions privacy and efficiency. We do not require Know Your Customer (KYC) verification, reflecting our commitment to user autonomy and data minimization. The only personal data we collect are your email and password, necessary for account creation and management.
6. Network Distributions
The blockchain protocol autonomously calculates and issues network distributions based on the contributions made through staking or cloud mining. These distributions are a direct result of the blockchain's functioning and the user's participation, not a return on investment or reward.
7. Fees and Transparency
Any participation in staking or cloud mining through Bloxios may be subject to fees, which are necessary for the maintenance and operation of these services on our platform. These fees, if applicable, will be transparently disclosed to users prior to engagement in any staking or cloud mining activities, ensuring users make informed decisions.
8. Risk Acknowledgment
Engaging in staking, cloud mining, or any blockchain-related activities through Bloxios is subject to various levels of risk. These include, but are not limited to, significant price volatility in cryptocurrency markets, technological and security issues, regulatory changes, and changes in consensus mechanism protocols which can affect asset value and operability. Staking and cloud mining are speculative and should be undertaken with caution and due diligence. Bloxios provides these services in compliance with current regulations and strives to enhance user understanding of associated risks.
9. Limitation of Liability
In the event of a dispute arising from the use of Bloxios services, we are committed to resolving issues in good faith and in accordance with the laws of Switzerland. If necessary, disputes that cannot be resolved amicably may be submitted to arbitration in Switzerland, providing a neutral forum for reaching a fair resolution. Bloxios limits liability according to the maximum extent permitted by law, protecting against claims for indirect, incidental, or consequential damages arising from the use of our services.
10. Amendments to Terms
We reserve the right to modify these Terms and Conditions. Changes become effective immediately upon posting on our website, and continued use of our services constitutes agreement to the revised terms. Users will be notified of any changes to these Terms and Conditions via email. Continued use of our services after such changes will constitute acceptance of the new terms.
11. Governing Law
The terms are governed by the laws of Switzerland, ensuring compliance with local legal standards and practices. Bloxios operates under the jurisdiction of Switzerland and adheres to its regulatory framework.
Privacy Policy
12. Commitment to Privacy
Our dedication to protecting your privacy is paramount. This section details our data collection, usage, and sharing practices, emphasizing our commitment to security and confidentiality.
13. Data Collection
The scope of our data collection is limited to what is necessary for providing and enhancing our services. We collect only your email and password for account management purposes, upholding our principle of minimal data collection.
13.1 Data Retention
Upon closure of an account, Bloxios will retain user data for a period of six months for administrative purposes. After this period, all personal data will be permanently deleted. We do not sell or otherwise capitalize on user data, and we do not have access to user wallets.
14. Data Usage and Sharing
Collected data are used solely for service provision, communication, and compliance with legal obligations. We staunchly oppose the sale or careless sharing of your personal information, ensuring it is treated with the highest level of confidentiality.
15. Data Security
Implementing advanced security measures, we strive to protect your information from unauthorized access and breaches. Our commitment to data security is unwavering, aiming to provide a safe and reliable platform.
16. Policy Updates and Inquiries
Updates to our Privacy Policy will be communicated through our website. For any questions or concerns, our support team is available to ensure clarity and satisfaction with our practices.
17. Accessibility of Terms
Bloxios aims to make our Terms and Conditions accessible to all users. If you require these documents in another language or format, please reach out to us at info@bloxios.io, and we will accommodate your request to the best of our ability.
18. Contact Information
For all inquiries, please use the following contact methods:
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General Inquiries: info@bloxios.io
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Support: www.bloxios.io/support
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Contact: www.bloxios.io/contact
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Live Chat: Available 24/7 on our website