TERMS OF SERVICE
This is a binding Agreement between Commerc.io srl (“Commerc.io” or “We”) and the person, persons, or entity (“You” or “Your”) using our services, Software, or applications (“Software”). These Agreement apply to any access and use of our website at https://commerc.io, our online services, our Android and iOS mobile apps, and any of our Software.
Commerc.io srl is incorporated under the laws of Italy with registered address in Via Luigi dalla Via, 3b 36015 Schio (VI) Italy
RIGHTS AND OBLIGATIONS
The Software functions as a free digital wallet. The Commerc.io app Software does not constitute an account where We or other third parties serve as financial intermediaries or custodians of Your cryptocurrency(s) and digital assets.
While Software has undergone beta testing and continues to be improved by feedback from the users, We cannot guarantee there will not be bugs in the Software. You acknowledge that Your use of this Software is at Your own discretion and in compliance with all applicable laws. You are responsible for safekeeping Your passwords, private key pairs, PINs, and any other codes You use to access the Software.
IF YOU LOSE ACCESS TO YOUR WALLET OR YOUR PRIVATE KEYS AND YOU HAVE NOT SEPARATELY STORED A BACKUP OF YOUR WALLET AND CORRESPONDING PASSWORD, YOU ACKNOWLEDGE AND AGREE THAT ANY CRYPTOCURRENCY(s) AND DIGITAL ASSETS YOU HAVE ASSOCIATED WITH THAT WALLET WILL BECOME INACCESSIBLE.
All transaction requests are irreversible.
The authors of the Software, employees and affiliates of Commerc.io, copyright holders, and Commerc.io:
- cannot retrieve Your private keys or password if You lose or forget them;
- cannot guarantee transaction confirmation as they do not have control over none blockchain networks.
EMPLOYEES AND AFFILIATES OF COMMERC.IO, COPYRIGHT HOLDERS, OR COMMERC.IO BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
IN NO EVENT WILL COMMERC.IO OR ITS AFFILIATES, OR ANY OF ITS OR THEIR RESPECTIVE SERVICE PROVIDERS, BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY USE, INTERRUPTION, DELAY OR INABILITY TO USE THE SOFTWARE, LOST REVENUES OR PROFITS, DELAYS, INTERRUPTION OR LOSS OF SERVICES, BUSINESS OR GOODWILL, LOSS OR CORRUPTION OF DATA, LOSS RESULTING FROM SYSTEM OR SYSTEM SERVICE FAILURE, MALFUNCTION OR SHUTDOWN, FAILURE TO ACCURATELY TRANSFER, READ OR TRANSMIT INFORMATION, FAILURE TO UPDATE OR PROVIDE CORRECT INFORMATION, SYSTEM INCOMPATIBILITY OR PROVISION OF INCORRECT COMPATIBILITY INFORMATION OR BREACHES IN SYSTEM SECURITY, OR FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES, WHETHER ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE AND WHETHER OR NOT WE WERE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
OWNERSHIP OF INTELLECTUAL PROPERTY RIGHTS
We retain all legal rights, titles, and interests (including all copyright, trademark, patent, trade secrets, and all other intellectual property rights) in our Services and all content on our Services, including our trademarks, service marks, designs, logos, URLs, and trade names that are displayed on our Service.
PLACE OF JURISDICTION AND GOVERNING LAW
You and Commerc.io agree to arbitrate any dispute arising from these Terms or your use of our Software. ARBITRATION PREVENTS YOU FROM SUING IN COURT OR FROM HAVING A JURY TRIAL. You and Commerc.io further agree: to attempt informal resolution prior to any demand for arbitration; that any arbitration will occur in Italy; that arbitration will be conducted confidentially by a single arbitrator in accordance with the rules of Italy and that the courts in Italy have exclusive jurisdiction over any appeals of an arbitration award and over any suit between the parties not subject to arbitration. Any dispute between the parties will be governed by these Terms and the laws of Italy, without giving effect to any conflict of laws principles that may provide for the application of the law of another jurisdiction.