Welcome to Orbaic! These Terms and Conditions ("Terms") govern your use of the Orbaic platform, including the website orbaic.com, the blog blog.orbaic.com, and any related services. By using Orbaic, you agree to comply with and be bound by these Terms. If you do not agree with these Terms, please refrain from using our platform.
➀ Project Overview
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a. Sustainable Decentralization:
Orbaic is currently in the developmental phase for its blockchain project, which involves the creation of a 1-layer blockchain system to manage the ACI token. As part of our decentralized finance mining contract system, users can engage in a pre-mining process for ACI tokens using designated applications accessible on the Play Store. It's important to emphasize that the terminology employed on our platform, including terms like "mining" and "tokens," is metaphorical and not to be taken literally. These terms are used for the purpose of enhancing comprehension and analogy within the decentralized finance mining contract system.
➁ Mining through Playstore Apps
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a. Transparent Governance:
Orbaic currently offers users the opportunity to mine ACI tokens through dedicated apps available for free download on the Play Store. Users can participate in the mining process, which involves sharing tokens directly with others through smart contract systems.
➂ Risks and Disclaimers
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a. Third-Party Mining Pool:
Orbaic's mining pool is not a person and is typically beyond the full control of any individual. Once initiated, it may be impossible to pause or reverse. In case of malfunction, exploitation, or underperformance, the mining pool cannot be compelled to refund "earned" tokens.
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b. Understanding Risks:
Users are advised to thoroughly understand the unique risks associated with Orbaic before participating. The platform's nature differs from traditional financial transactions, and a comprehensive understanding of relevant technical systems and incentive designs is crucial.
➃ User Agreement
By joining the Orbaic program, you agree to the following terms:
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a. Confidentiality:
Information from Orbaic must be kept private and confidential. It is not an offer or solicitation for investments where such actions are deemed unlawful.
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b. Legal Age:
Users must be of legal age in their country, with a minimum age of 18, to participate. Users invest at their own risk, and past performance is not a guarantee of future results.
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c. Informational and Educational:
All information on the Orbaic platform is intended for informational and educational purposes, not as investment advice.
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d. Data Privacy:
User data provided to Orbaic will be used privately and not disclosed to third parties. Orbaic is not responsible for any loss of data.
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e. Changes to Terms:
Orbaic reserves the right to change rules, commissions, and rates without notice to protect the integrity and security of members' interests.
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f. Legal Compliance:
Users agree not to use the site illegally and must adhere to local, national, and international laws.
➄ Membership Acceptance
Orbaic reserves the right to accept or decline any user for membership without explanation.
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a. Acceptance:
By registering with Cloudminingzone, you acknowledge and agree to abide by these Terms and Conditions. Cloudminingzone reserves the right to accept or decline membership applications without providing a detailed explanation.
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b. User Responsibilities:
As a Cloudminingzone member, you are responsible for maintaining the confidentiality of your account information, including login credentials. You agree to notify Cloudminingzone promptly of any unauthorized access or use of your account.
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c. Compliance:
Members must comply with all applicable local, national, and international laws. Any violation of these laws through the use of Cloudminingzone may result in the termination of your membership.
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d. Ethical Usage:
Cloudminingzone members are expected to use the platform ethically and legally. Any attempt to exploit, manipulate, or engage in fraudulent activities will result in immediate termination of membership.
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e. Communication:
Cloudminingzone may use the contact information provided during registration for important updates, announcements, or other communications related to your membership. It is your responsibility to ensure that your contact information is accurate and up-to-date.
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f. Termination:
Cloudminingzone reserves the right to terminate a member's account at its sole discretion for any violation of these Terms and Conditions or for any other reason deemed necessary to protect the integrity and security of the platform.
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g. Respectful Conduct:
Members are expected to engage in respectful and constructive communication within the Cloudminingzone community. Harassment, hate speech, or any form of disruptive behavior will not be tolerated.
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h. Intellectual Property:
Members must respect the intellectual property rights of others. Any unauthorized use, reproduction, or distribution of content belonging to Cloudminingzone or other members is strictly prohibited.
➅ Dispute Resolution
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a. Arbitration:
Any disputes arising from or related to membership with Cloudminingzone will be resolved through binding arbitration, conducted in accordance with the rules of the relevant arbitration authority.
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b. Governing Law:
These Terms and Conditions are governed by the laws by country. Any legal action or proceeding arising from or related to these Terms shall be brought exclusively in the courts by country.
➆ Modification of Terms
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a. Queries:
Cloudminingzone reserves the right to modify these Terms and Conditions at any time without prior notice. Members are responsible for regularly reviewing the Terms to stay informed about any changes.