Terms of Service
Last Updated: November 25, 2022
INTRODUCTION. These Terms of Service (these “Terms”) govern your access to and use of certain products, services and properties made available by Vorlds FZCO, (“Vorlds,” “we” or “us”). Our online and/or mobile services, including the site(s) and/or app(s) through which these Terms are made available (collectively, the “Website”); the platform (“Platform” as further described below) through which you can, among other things,: (i) Run events and Interact with other Vorld inhabitants; (ii) build and sell assets & custom services; (iii) mint, display and trade your digital assets across multiple chains; (collectively with those services, the “Service”). (As used herein, the term “you” (including any variant) refers to each individual who enters into these Terms on such individual’s own behalf or any entity on behalf of which an individual enters into these Terms.) Certain features of the Service may be subject to additional guidelines, terms, or rules (“Supplemental Terms”), which will be displayed in connection with such features. These Terms and all such Supplemental Terms, which are incorporated by reference, are collectively referred to as the “Agreement”. If these Terms are inconsistent with any Supplemental Terms, the Supplemental Terms shall control prevail with respect to such inconsistencies. THIS AGREEMENT IS IMPORTANT AND AFFECTS YOUR LEGAL RIGHTS, SO PLEASE READ CAREFULLY. BY CLICKING ON ANY “I ACCEPT” BUTTON, ACCESSING ONE OR MORE SPACE (DEFINED BELOW) USING THE SERVICE, AND/OR ACCESSING THE VORLDS’ WEB BROWSER APPLICATION (THE “APPLICATION”), YOU AGREE TO BE BOUND BY THIS AGREEMENT AND ALL OF THE TERMS INCORPORATED HEREIN. If you do not agree to this Agreement, you may not access or use the Service, access or any Space . Please refer to our Privacy Policy for information about how we collect, use and share personal information about you. By submitting data through the Service, you expressly consent to the collection, use and disclosure of your personal data in accordance with the Privacy Policy. VORLDS reserves the right to change or modify this Agreement at any time and in our sole discretion. If we make changes to this Agreement, we will provide notice of such changes, such as by sending an email notification, providing notice through the Service or updating the “Last Updated” date at the beginning of this Agreement. By continuing to access or use the Service at any point after such update, you confirm your acceptance of the revised Terms and all of the terms incorporated therein by reference. If you do not agree to the revised Terms, you may not access or use the Service.
Intermediary Status and No Liability
We are an intermediary as defined under the Information Technology Act, 2000 and the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. These Terms are published in accordance with the provisions of Rule 3(1) of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 that require publishing of the rules and regulations, the Privacy Policy, and Terms of Use for accessing and using our Platform. Our role is limited to providing a platform for users to upload, share and display content, created or shared by you and other users.
We do not control what you or other people may or may not do on the Platform and are thus, not responsible for the consequences of such actions (whether online or offline). We are not responsible for services and features offered by others, even if you access them through our Services. Our responsibility for anything that happens on our Platform is strictly governed by the laws of India and is limited to that extent. You agree that we will not be responsible for any loss of profits, revenues, information, or data, or consequential, special, indirect, exemplary, punitive, or incidental damages arising to you or any other person related to these Terms, even if we know they are possible. This includes when we delete your content, information, or account.
We are an intermediary under Indian law. We do not control what people post on our Platform but we expect everyone to comply with the Content and Community Guidelines.
OUR SERVICE
VORLDS offers a platform that allows users to create, tour, through, and otherwise interact in and with a virtual metaverse space/worlds (each, a “Space”). Certain users (“Artists”) may create SPACES pursuant to a separate agreement with us. Other users (each, a “Visitor”) may visit or otherwise interact with these SPACES. The then-current creator of a Space (each, a “Host”) may have certain rights with respect to such Space as enabled pursuant to the then-current policies and functionalities of the Service.
Each Space serves as a 3D virtual social environment, and may be immersed with customized avatars, chat functions, sounds, artworks and digital artworks. Hosts can display their own artworks and other virtual assets (each, an “Artifact”), including artworks not owned by Hosts, in a Space. Hosts can also link two or more SPACES together to allow for easy navigation between SPACES owned by such Host, or other metaverse worlds (“Portal(s)”).
In order to access or participate in certain features of the Service (e.g., showcasing artwork or other digital assets in a Space, accessing, establishing or maintaining a Space, connecting multiple SPACES through Portals, or engaging in a transaction involving any digital assets), you must have a third-party software based digital wallet compatible with the Service that allows you to purchase, store, and engage in transactions using cryptocurrency and NFTs (a “Digital Wallet”, and the profile of each user who has connected a Digital Wallet to the Service, an “Account”). In order to be successfully completed, any transaction involving NFTs initiated by or sent to your Digital Wallet must be confirmed by and recorded on the blockchain supporting such NFT. VORLDS does not own, operate, or control your Digital Wallet. VORLDS has no control over any blockchain and therefore cannot and does not ensure that any transaction details that you submit or receive via our Service will be validated by or confirmed on the relevant blockchain, and VORLDS does not have the ability to facilitate any cancellation or modification requests. ALL TRANSACTIONS INITIATED THROUGH OUR SERVICE ARE EFFECTED BY THIRD-PARTY DIGITAL WALLET EXTENSIONS. BY USING OUR SERVICE YOU AGREE THAT SUCH TRANSACTIONS ARE GOVERNED BY THE TERMS OF SERVICE AND PRIVACY POLICY FOR THE APPLICABLE EXTENSIONS. You accept and acknowledge that you take full responsibility for all activities that you effect through your Digital Wallet and accept all risks of loss, including loss as a result of any authorized or unauthorized access to your Digital Wallet, to the maximum extent permitted by law.
VORLDS is not an agent or intermediary of any user. VORLDS does not store or have access to any of the user's private keys, passwords, Digital Wallets, or other property. VORLDS is not capable of performing transactions or sending transaction messages on behalf of any user. All transactions related to the Service are effected and recorded solely through the interactions of the user with the blockchain, which is not under the control of or affiliated with VORLDS or the Service.
Updates; Certain Restrictions. You understand that the Service is evolving. As a result, we may require you to accept updates to all or part of the Service that you access from, or have installed on, your computer or mobile device. You acknowledge and agree that we may update the Service with or without notifying you. You may need to update third-party software from time to time in order to use the Service. Any future release, update or other addition to the Service shall be subject to the Agreement. VORLDS, its suppliers and service providers reserve all rights not granted in the Agreement. Any unauthorized use of any Service terminates the licenses granted by us pursuant to the Agreement. USER REPRESENTATIONS AND WARRANTIES. a. You must be eighteen (18) years old or otherwise capable of forming a binding contract in your jurisdiction to use the Service. By using the Service, viewing a Space, or otherwise, you agree (i) to provide accurate, current, and complete information about yourself as requested, (ii) to maintain and promptly update such information from time to time as necessary, (iii) to maintain the security of your Digital Wallet and accept all risks of unauthorized access to your Digital Wallet and to the information you provide to us, and (iv) to notify us immediately if you discover or otherwise suspect any security breaches related to the Service or your Digital Wallet. b. You will not access the Service without our written permission; or log in or try to log in to access the Service through unauthorized third party applications or clients. c. VORLDS may require you to provide additional information and documents from time to time, including without limitation at the request of any competent authority or in order to help VORLDS comply with applicable law, regulation, or policy, including laws related to anti-laundering (legalization) of incomes obtained by criminal means, or for counteracting financing of terrorism. VORLDS may also require you to provide additional information and documents in cases where it has reasons to believe that: VISITING OTHER USERS’ SPACES When you use the Service, you may be able to access, view, and virtually tour a Space that is made available by a Host. Visitors to a Space may be subject to additional terms applicable to such Space, as set by the Host of such Space. Each Host is solely responsible for the content of such Host’s Space. Certain SPACES may also include chat functions that allow live interaction between Visitors to such Space. You are solely responsible for your interactions with the Host and other Visitors to the Service or any Space and any other parties with whom you interact; provided, however, that VORLDS reserves the right, but has no obligation, to intercede in such disputes. You agree that VORLDS will not be responsible for any liability incurred as the result of such interactions or any visit to or failure to access a Space that is made available by a Host. You visit all SPACES and interact with the Host and other Visitors at your own risk. PRICING AND FEES; PAYMENTS a. All pricing and payment terms for Service are as indicated at point of sale or otherwise on the Service, and any payment obligations you incur are binding at the time of purchase. You may not substitute any other currency, whether cryptocurrency or fiat currency, for the currency in which you have contracted to pay at the time of purchase. For clarity, no fluctuation in the value of any currency, whether cryptocurrency or otherwise, shall impact or excuse your obligations with respect to any purchase. Y CONSENT TO ELECTRONIC COMMUNICATION By contacting VORLDS via email or by using the Service, you consent to receive electronic communications from VORLDS (e.g., via email or by posting notices to the Service or to VORLDS’s official accounts on social media properties). These communications may include notices about your use of the Service (e.g., transactional information) and are part of your relationship with us. You agree that any notices, agreements, disclosures or other communications that we send to you electronically will satisfy any legal communication requirements, including, but not limited to, that such communications be in writing. You should maintain copies of electronic communications from us by printing a paper copy or saving an electronic copy. We have no obligation to store for your later use or access any such electronic communications that we make to you. OWNERSHIP a. Unless otherwise indicated in writing by us, the Service and all content and other materials contained therein, including, without limitation, the VORLDS logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively, “Content”) are the proprietary property of VORLDS or our affiliates or licensors. b. The VORLDS logo and any VORLDS product or service names, logos or slogans that may appear on the Service are trademarks of VORLDS or our affiliates and may not be copied, imitated or used, in whole or in part, without our prior written permission. You may not use any metatags or other “hidden text” utilizing “VORLDS,” or any other name, trademark or product or service name of VORLDS or our affiliates without our prior written permission. In addition, the look and feel of the Service and Content, including, without limitation, all page headers, custom graphics, button icons and scripts, constitute the service mark, trademark or trade dress of VORLDS and may not be copied, imitated or used, in whole or in part, without our prior written permission. All other trademarks, registered trademarks, product names and other names or logos mentioned on the Service are the property of their respective owners and may not be copied, imitated or used, in whole or in part, without the permission of the applicable trademark holder. Reference to any products, services, processes or other information by name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by VORLDS. c. As between you and VORLDS, VORLDS owns all legal right, title and interest in and to the SPACES, and all intellectual property rights therein. VORLDS and its licensors reserve all rights in and to the SPACES not expressly granted to you. d. You agree that any submission of any ideas, suggestions, documents, and/or proposals to VORLDS (collectively, “Feedback”) is at your own risk and that VORLDS has no obligations (including without limitation obligations of confidentiality) with respect to such Feedback. You represent and warrant that you have all rights necessary to submit the Feedback. You hereby grant to VORLDS a fully paid, royalty free, perpetual, irrevocable, worldwide, non-exclusive, and fully sublicensable right and license to use, reproduce, perform, display, distribute, adapt, modify, re-format, create derivative works of, and otherwise commercially or non-commercially exploit in any manner, any and all Feedback, and to sublicense the foregoing rights, in connection with the operation and maintenance of the Service and VORLDS’s other products and services. LICENSE TO OUR SERVICE AND CONTENT a. You are hereby granted a limited, revocable, non-exclusive, non-transferable, non-assignable, non sublicensable, “as-is” license to access and use the Service and Content for your own personal, noncommercial use; provided, however, that such license is subject to this Agreement and does not include any right to (i) sell, resell, or use commercially the Service or Content; (ii) distribute, publicly perform, or publicly display the Service or any Content except as expressly permitted by us; (iii) modify or otherwise make any derivative uses of the Service or Content, or any portion thereof, except as expressly permitted by us; (iv) use any data mining, robots, or similar data gathering or extraction methods; (v) download (other than page caching) any portion of the Service or Content, except as expressly permitted by us; and (vi) use the Service or Content other than for their intended purposes. This license is subject to your compliance with the Acceptable Use Policy set forth in Section 14 below. b. You are granted a limited, non-exclusive, non-transferable right to create a text hyperlink to the Service for non-commercial purposes, provided that such link does not portray VORLDS or our affiliates or any of our Service, Content, products or services in a false, misleading, derogatory or otherwise defamatory manner, and provided further that the linking site does not contain any adult or illegal material or any material that is offensive, harassing or otherwise objectionable in VORLDS’s sole discretion. This limited right may be revoked at any time. You may not use a logo or other proprietary graphic of VORLDS to link to the Service or Content without our express written permission. Further, you may not use, frame or utilize framing techniques to enclose any VORLDS trademark, logo or other proprietary information, including the images found on the Service, the content of any text or the layout or design of any page, or form contained on a page, on the Service without our express written consent. c. VORLDS may from time-to-time change or discontinue any or all aspects or features of the Service, including by (i) altering the smart contracts which are included in the blockchain platform pursuant to upgrades, forks, security incident responses or chain migrations, (ii) deactivating or deleting Content that VORLDS in its sole discretion determines has been abandoned, or. In such events, you may no longer be able to access, interact with or read the data from the Service. d. Subject to your compliance with the Agreement, VORLDS grants you a limited non-exclusive, non transferable, non-sublicensable, revocable license to download, install and use a copy of the Application on a single mobile device or computer that you own or control and to run such copy of the Application solely for your own personal or internal business purposes. Notwithstanding anything to the contrary contained in these Terms, you hereby agree and acknowledge that: You will not use the Services for any purpose that is fraudulent, misleading, illegal or prohibited in these Terms. You will not use any robot, spider, crawler, scraper, or other automated means or interface to access the Services or extract other user’s information. You will not use or develop any third-party applications that interact with the Services or other users’ content or information without our written consent. You will not use the Services in a way that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Services, or that could damage, disable, overburden, or impair the functioning of the Services. You will not post content that can be considered to infringe any Intellectual Property rights of any third party. You will not falsely represent yourself as another person or representative of another person to use our Services. You will not use or attempt to use another user’s account, username, or password without their permission. You will not solicit login credentials from another user. You will not post content that may be considered as harmful to minors. Please refer to the Content and Community Guidelines regarding the same. You will not post content that contains or links to pornography, graphic violence, threats, hate speech, or incitements to violenceor promotes enmity between different groups on the grounds of religion or caste with the intent to incite violence. You will not upload viruses or other malicious code or otherwise compromise the security of the Services. You will not attempt to circumvent any content-filtering techniques we employ or attempt to access areas or features of the Services that you are not authorized to access. You will not probe, scan, or test the vulnerability of our Services or any system or network. You will not post any content that in any way or form threatens the unity, integrity, defence, security or sovereignty of India, friendly relations with foreign states, or public order or causes incitement to the commission of any cognisable offence or prevents investigation of any offence or is insulting any other nation. You will not encourage or promote any activity that violates these Terms. You will not circumvent any feature, action, measure, or policy implemented/ imposed by us. For example, in the event you are banned from using the Services, you will not try to circumvent any account suspension or similar measures we may take against you. USER CONTENT. Certain Content may be made available by you, by Visitors or by other users on or through the Service (“User Content”). If you choose to make User Content available on or through the Service, you hereby grant VORLDS a fully paid, royalty-free, worldwide, non-exclusive right (including any moral rights) and license to use, sublicense, distribute, reproduce, modify, adapt, and display, such User Content (in whole or in part) for the purposes of (i) providing the Service, including making User Content available to other users in accordance with your elections on the Service, (ii) improving the Service, and (iii) advertising and promoting VORLDS and its Services. You also hereby grant each other user of the Service a nonexclusive license to access your User Content through the Service, and to use, reproduce, distribute, display and perform such User Content solely as permitted through the functionality of the Service and under this Agreement. You are solely responsible for any User Content you provide. You represent and warrant that you have, or have obtained, all rights, licenses, consents, permissions, power and/or authority necessary to grant the rights granted herein for any User Content including any Artifacts that you submit, post, make available or display on or through the Service. You agree that such User Content will not contain material subject to copyright or other proprietary rights, unless you have necessary permission or are otherwise legally entitled to post the material and to grant the licenses described above. We take no responsibility for the User Content posted or listed via the Service. VORLDS has no obligation to review or monitor, and does not approve, endorse or make any representations or warranties with respect to, User Content. Unless expressly agreed to by VORLDS in writing elsewhere, VORLDS has no obligation to store any of digital assets (or any artwork embodied thereby) or User Content that you make available on or through the Service. VORLDS has no responsibility or liability for: the deletion or accuracy of any Content; the failure to store, transmit or receive transmission of Content; or the security, privacy, storage, or transmission of other communications originating with or involving use of the Service. You agree that VORLDS retains the right to create reasonable limits on VORLDS’s use and storage of the Content, such as limits on file size, storage space, processing capacity, and similar limits described on the Service and as otherwise determined by VORLDS in its sole discretion. If you are a composer or author of a musical work and are affiliated with a performing rights organization, then you must notify your performing rights organization of the royalty-free license you grant through these Terms in your User Content to us. You are solely responsible for ensuring your compliance with the relevant performing rights organization’s reporting obligations. If you have assigned your rights to a music publisher, then you must obtain consent from such music publisher to grant the royalty-free license(s) set forth in these Terms in your User Content or have such music publisher enter into these Terms with us. Authoring a musical work (e.g., wrote a song) does not necessarily give you the right to grant us the licenses in these Terms. If you are a recording artist under contract with a record label, then you are solely responsible for ensuring that your use of the Services is in compliance with any contractual obligations you may have to your record label, including if you create any new recordings through the Services that may be claimed by your label. You remain solely responsible for the content you post on our Platform. We do not endorse and are not responsible for any content shared or posted on or through our Platform, and for any consequences resulting out of such sharing or posting. The presence of our logo or any trademark on any content shared by you does not mean that we have endorsed or sponsored your content. Further, we will not be liable for or responsible for the consequences of any transactions made or entered into by you with other users of the Platform or advertisers on the Platform. THIRD-PARTY SERVICES; THIRD-PARTY TERMS The Service may contain links to third-party properties, services and applications (collectively, “ThirdParty Services”), When you click on a link to a Third-Party Service, such as a Digital Wallet or bridge extension, you are subject to the terms and conditions (including privacy policies) of another property or application. Such Third-Party Services are not under the control of VORLDS. VORLDS is not responsible for any Third-Party Services. VORLDS provides links to these Third-Party Services only as a convenience and does not review, approve, monitor, endorse, warrant, or make any representations with respect to Third-Party Services, or their products or services. You use all links in Third-Party Services at your own risk. You should review all applicable agreements and policies, including privacy and data gathering practices, of any Third-Party Service, and should make whatever investigation you feel necessary or appropriate before proceeding with any transaction with any third party. ACCEPTABLE USE POLICY You agree that you are solely responsible for your conduct in connection with the Service. You agree that you will abide by this Agreement and will not (and will not attempt to): a. Provide false or misleading information to VORLDS, Artists, Hosts, or Visitors; b. Use or attempt to use another user’s linked Digital Wallet without authorization from such user and VORLDS; c. Use any Artifacts in any manner not expressly permitted by the owner of such Artifact; d. Pose as another person or entity; e. Use the Service in any manner that could interfere with, disrupt, negatively affect or inhibit other users from fully enjoying the Service, or that could damage, disable, overburden or impair the functioning of the Service in any manner; f. Develop, utilize, or disseminate any software, or interact with any API in any manner, that could damage, harm, or impair the Service; g. Reverse engineer any aspect of the Service, or do anything that might discover source code or bypass or circumvent measures employed to prevent or limit access to any service, area, or code of the Service; h. Attempt to circumvent any content-filtering techniques we employ, or attempt to access any feature or area of the Service that you are not authorized to access; i. Use any robot, spider, crawler, scraper, script, browser extension, offline reader, or other automated means or interface not authorized by us to access the Service, extract data or otherwise interfere with or modify the rendering of Service pages or functionality; j. Collect or harvest data from our Service that would allow you to contact individuals, companies, or other persons or entities, or use any such data to contact such entities; k. Use data collected from our Service for any direct marketing activity (including without limitation, email marketing, SMS marketing, telemarketing, and direct marketing); l. Bypass or ignore instructions that control all automated access to the Service; n. Use the chat functions to send messages containing harassment, violence, threats, hate speech, suicide or self-harm, bullying, abuse, spam, illegal activity, obscenity, pornography, defamation, libel, and/or fraud; m. Use the Service for any illegal or unauthorized purpose, or engage in, encourage, or promote any activity that violates any applicable law or this Agreement; n. Use the blockchain platform to carry out any illegal activities in connection with or in any way related to your access to and use of the Service, including but not limited to money laundering, terrorist financing or deliberately engaging in activities designed to adversely affect the performance of the blockchain platform, or the Service; p. Engage in or knowingly facilitate any “front-running,” “wash trading,” “pump and dump trading,” “ramping,” “cornering” or fraudulent, deceptive or manipulative trading activities, including: • trading a token at successively lower or higher prices for the purpose of creating or inducing a false, misleading or artificial appearance of activity in such token, unduly or improperly influencing the market price for such token on the Service or establishing a price which does not reflect the true state of the market in such token; • for the purpose of creating or inducing a false or misleading appearance of activity in a token or creating or inducing a false or misleading appearance with respect to the market in a token: (A) executing or causing the execution of any transaction in a token which involves no material change in the beneficial ownership thereof; or (B) entering any order for the purchase or sale of a token with the knowledge that an order of substantially the same size, and at substantially the same price, for the sale of such token, has been or will be entered by or for the same or different parties; or • participating in, facilitating, assisting or knowingly transacting with any pool, syndicate or joint account organized for the purpose of unfairly or deceptively influencing the market price of a token; r. Use the Service to carry out any financial activities subject to registration or licensing, including but not limited to using the Service to transact in securities, debt financings, equity financings or other similar transactions; or s. Use the Service to participate in fundraising for a business, protocol, or platform, including but not limited to creating, listing, or buying assets that (i) are redeemable for financial instruments, (ii) give owners rights to participate in an ICO or any securities offering, or (iii) entitle owners to financial rewards, including but not limited to, DeFi yield bonuses, staking bonuses, and burn discounts. COPYRIGHT. VORLDS retains the absolute right to terminate access to the Service for and remove the User Content of any user who violates or infringes our rights, Code of Conduct or the rights of any third party. INVESTIGATIONS. If VORLDS becomes aware of any possible violations by you of this Agreement, VORLDS reserves the right, but VORLDS will not have any obligation to investigate such violations. If, as a result of the investigation, VORLDS believes that criminal activity may have occurred, VORLDS reserves the right, but VORLDS will not have any obligation, to refer the matter to, and to cooperate with, any and all applicable legal authorities. VORLDS is entitled, except to the extent prohibited by applicable law, to disclose any information or materials on or in the Service, including any User Content, in VORLDS’s possession in connection with your use of the Service, (i) to comply with applicable laws, legal process or governmental request; (ii) to enforce this Agreement, (iii) to respond to any claims that User Content violates the rights of third parties, (iv) to respond to your requests for customer service, or (v) to protect the rights, property or personal safety of VORLDS, users, or the public, and all law enforcement or other government officials, as VORLDS in its sole discretion believes to be necessary or appropriate. By agreeing to this Agreement, you hereby provide your irrevocable consent to the foregoing. PERMISSIONS YOU GIVE TO US You accept these Terms and give us certain permissions so that we can serve you better. Permissions you grant to us are: Permission to Share Your Profile Information with Third Parties. While our Platform is a freely accessible and usable platform, we need to generate revenue so that we can keep offering you our Services for free. Pursuant to this, we may share any data that we may collect including but not limited to your username, profile pictures, your usage and engagement habits and patterns on our Platform to show you any sponsored content or advertisements. We will not, however, be liable to pay you any revenue share if you purchase any products advertised to you. We do not endorse any products or vouch for the authenticity of the products. Merely advertising of products by the users on our Platform does not amount to an endorsement by us. Permission to Use Cookies. We may use cookies, pixel tags, web beacons, mobile device IDs, flash cookies and similar files or technologies to collect and store information with respect to your use of the Services and third-party websites. Data Retention. We shall have the right to retain certain information regarding your usage of the Platform. Please view the Privacy Policy for further information relating to the collection, processing, storage and use of your information by us. You grant us the right to process, store and retain information relating to you and provided by you. Please see the Privacy Policy for further information. SPONSORED/PROMOTED CONTENT. In addition to our Community Guidelines and other applicable laws, if you are promoting or sponsoring any content on the Livestream, please ensure the following without limitation: you should not make any false/misleading/incorrect statements in relation to the content on the Livestream you should not promote any harmful/illegal goods and/or services. Please refer to the ASCI Guidelines for Influencer Advertising in Digital Media and contact your advertiser to understand your legal obligations for any sponsored content. INDEMNIFICATION. To the fullest extent permitted by applicable law, you agree to indemnify, defend, and hold harmless VORLDS and the VORLDS Entities from and against all actual or alleged third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys’ fees and expenses) and costs (including, without limitation, court costs, costs of settlement, and costs of or associated with pursuing indemnification and insurance), of every kind and nature whatsoever arising out of or related to this Agreement or your use of the Service, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, “Claims”), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Service or Content, including,; (b) any Feedback you provide; (c) your violation of this Agreement; (d) your violation of the rights of any third party, including another user; (e) any breach or non-performance of any covenant or agreement made by you; (f)any off-chain benefits (including the furnishing, or any failure to furnish, or any acts or omissions of or attributable to you or any third party in respect of the same). You agree to promptly notify VORLDS of any third-party Claims and cooperate with the VORLDS Entities in defending such Claims. You further agree that the VORLDS Entities shall have control of the defense or settlement of any third-party Claims. THIS INDEMNITY IS IN ADDITION TO, AND NOT IN LIEU OF, ANY OTHER INDEMNITIES SET FORTH IN A SEPARATE WRITTEN AGREEMENT BETWEEN YOU AND VORLDS. DISCLAIMERS. THE SERVICE, CONTENT CONTAINED THEREIN, AND TOKENS LISTED THEREIN ARE PROVIDED ON AN “AS IS'' AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. VORLDS (AND ITS SUPPLIERS) MAKE NO WARRANTY THAT THE SERVICE: (A) WILL MEET YOUR REQUIREMENTS; (B) WILL BE AVAILABLE ON AN UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE BASIS; OR (C) WILL BE ACCURATE, RELIABLE, COMPLETE, LEGAL, OR SAFE. VORLDS DISCLAIMS ALL OTHER WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT AS TO THE SERVICE OR ANY CONTENT CONTAINED THEREIN. VORLDS DOES NOT REPRESENT OR WARRANT THAT CONTENT ON THE SERVICE IS ACCURATE, COMPLETE, RELIABLE, CURRENT, OR ERROR-FREE. WE WILL NOT BE LIABLE FOR ANY LOSS OF ANY KIND FROM ANY ACTION TAKEN OR TAKEN IN RELIANCE ON MATERIAL OR INFORMATION CONTAINED ON THE SERVICE. WHILE VORLDS ATTEMPTS TO MAKE YOUR ACCESS TO AND USE OF THE SERVICE AND CONTENT SAFE, VORLDS CANNOT AND DOES NOT REPRESENT OR WARRANT THAT THE SERVICE, CONTENT, OR ANY TOKENS LISTED ON OUR SERVICE OR OUR SERVERS ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE CANNOT GUARANTEE THE SECURITY OF ANY DATA THAT YOU DISCLOSE ONLINE. YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND WILL NOT HOLD US RESPONSIBLE FOR ANY BREACH OF SECURITY UNLESS IT IS DUE TO OUR GROSS NEGLIGENCE. WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSSES YOU SUSTAIN AS A RESULT OF YOUR USE OF THE SERVICE. WE TAKE NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR, ANY USE OF TOKENS, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (I) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED ADDRESSES; (II) SERVER FAILURE OR DATA LOSS; (III) CORRUPTED DIGITAL WALLET FILES; (IV) UNAUTHORIZED ACCESS TO APPLICATIONS; OR (V) ANY UNAUTHORIZED THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK AGAINST THE SERVICE, TOKENS OR DIGITAL WALLETS. VORLDS is not responsible for any delay or failure to report any issues with any blockchain, including without limitation forks, technical node issues, or any other issues that result in losses of any sort. VORLDS is not involved in the actual transaction between Buyers and Sellers on the Platform. Further, we cannot guarantee continuous or secure access to the Service and operation of the Service may be interfered with by numerous factors outside of our control. Accordingly, to the extent legally permitted, we exclude all implied warranties, terms and conditions. YOU ACKNOWLEDGE AND AGREE THAT VORLDS IS NOT LIABLE, AND YOU AGREE NOT TO SEEK TO HOLD VORLDS LIABLE, FOR THE CONDUCT OF THIRD PARTIES, AND THAT THE RISK OF INJURY FROM SUCH THIRD PARTIES RESTS ENTIRELY WITH YOU. YOU ARE SOLELY RESPONSIBLE FOR ALL OF YOUR COMMUNICATIONS AND INTERACTIONS WITH OTHER USERS OF THE SERVICE. YOU UNDERSTAND THAT VORLDS DOES NOT MAKE ANY ATTEMPT TO VERIFY THE STATEMENTS OF USERS OF THE SERVICE. VORLDS MAKES NO WARRANTY THAT ANY GOODS OR SERVICES PROVIDED BY THIRD PARTIES WILL MEET YOUR REQUIREMENTS OR BE AVAILABLE ON AN UNINTERRUPTED, SECURE, OR ERROR-FREE BASIS. LIMITATION OF LIABILITY. TO THE FULLEST EXTENT PERMITTED BY LAW, We do not assume any liability with respect to any loss or damage, arising directly or indirectly due to any inaccuracy or incompleteness of any information or a breach of any warranty or guaranty due to the actions of any user of the Services and/or the Platform. The Services and the Platform, are provided on "as is" and "as available" basis without any representation or warranties, express or implied except otherwise specified in writing. We do not warrant the quality of the Services and/or the Platform including its uninterrupted, timely, secure or error-free provision, continued compatibility on any device, or correction of any errors. In no event shall we, or any of our affiliates, successors, and assigns, and each of their respective investors, directors, officers, employees, agents, service providers, and suppliers be liable for any special, incidental, punitive, direct, indirect or consequential damages suffered as a consequence of a breach of the Terms by another user or arising out of the use of or the reliance on any of the Services and/or the Platform. In the event any exclusion contained herein is held to be invalid for any reason and we or any of our affiliate entities, officers, directors or employees become liable for loss or damage, then, any such liability shall be limited to not exceeding the charges or amounts paid to us for use of the Services and/or the Platform in the month preceding the date of the claim. COMPLIANCE REQUIREMENTS. Relevant news and current affairs publishers need to provide details of their user accounts on the Platform to the Ministry of Information and Broadcasting as per applicable regulations. The rights and obligations under these Terms are granted only to you and shall not be assigned to any third party without our consent. However, we are permitted to assign our rights and obligations under these Terms to others. This can happen when, for example, we enter into a merger with another company and create a new company. In all cases, you agree that disputes will be subject to the laws of India and the courts of Mumbai, India shall have sole and exclusive jurisdiction over all such disputes Grievance Redressal. As part of our commitment to the privacy and safety of our users, we continue to work alongside the government authorities to keep our users safe. We have appointed a Grievance Officer, who can be contacted directly if a user has a concern about their experience on the Platform. We have put together a robust Grievance Redressal Mechanism in place to help resolve any concerns or complaints raised by you with respect to the Platform. We have a Grievance Officer to address your concerns regarding data safety, privacy, and Platform usage concerns. We have created a method for you to get in touch with us and for us to address your concerns. You may contact the Grievance Officer by way of email or post, at the following address: Name: Tejas Nair Address: DSO-IFZA-20445, IFZA Properties, Dubai Silicon Oasis, Dubai, UAE Email: [email protected] NOTICE; CONTACT INFORMATION The communications between you and VORLDS may take place via electronic means, whether you visit the Service or send VORLDS e-mails, or whether VORLDS posts notices on the Service or communicates with you via e-mail. For contractual purposes, you (a) consent to receive communications from us in an electronic form; and (b) agree that all terms and conditions, agreements, notices, disclosures, and other communications that we provide to you electronically satisfy any legal requirement that such communications would satisfy if it were to be in writing.
• Your Digital Wallet or other means of access to the Service is being used for money laundering or for any other illegal activity;
• You have concealed or reported false identification information and other details; or
• Transactions affected via your Digital Wallet may have been affected in breach of this Agreement. In such cases, VORLDS, in its sole discretion, may pause or cancel your transactions until such requested additional information and documents have been reviewed by VORLDS and accepted as satisfying the requirements of applicable law, regulation, or policy. If you do not provide complete and accurate information and documents in response to such a request, VORLDS may refuse to provide any product, service and/or further access to the Service to you. d. When you use the Service, you hereby represent and warrant, to and for the benefit of VORLDS, its affiliates and their respective representatives, as follows:
• Authority. You have all requisite capacity, power and authority to enter into and perform your obligations under this Agreement. The execution, delivery and performance of your obligations under this Agreement have been duly authorized by all necessary action on your part and, if you are an entity, on the part of such entity’s board of directors or comparable authority(ies), and no other proceedings on your part are necessary to authorize the execution, delivery or performance of your obligations under this Agreement.
• Due Execution. This Agreement constitutes your legal, valid and binding obligation, enforceable against you in accordance with this Agreement.
• Accuracy of Information. All information provided to VORLDS and/or its third-party designees, including its address and social security number or tax ID number, is accurate and complete.
None of: (i) you; (ii) any of your affiliates; (iii) any other person having a beneficial interest in you; or (iv) any person for whom you are acting as agent or nominee in connection with this Agreement is: (A) a country, territory, entity or individual named on an OFAC list as provided at http://www.treas.gov/ofac, or a person or entity prohibited under the OFAC programs, regardless of whether or not they appear on the OFAC list; or (B) a senior foreign political figure, or any immediate family member or close associate of a senior foreign political figure.
• Non-Contravention. This Agreement does not, and the performance of your obligations under this Agreement and your use of the Service, will not: (i) if you are an entity, conflict with or violate any of the charter documents of such entity or any resolution adopted by its equity holders or other persons having governance authority over the entity; (ii) contravene, conflict with or violate any right of any third party or any applicable legal requirement to which you or any of the assets owned or used by you, is subject; or (iii) result in any breach of or constitute a default (or an event that with notice or lapse of time or both would become a default) under any material contract or agreement to which you are a party, permit held by you or legal requirement applicable to you.
• Independent Investigation and Non-Reliance. Additionally, you have conducted an independent investigation of the Service and the matters contemplated by this Agreement, have formed your own independent judgment regarding the benefits and risks of and necessary and desirable practices regarding the foregoing, and, in making the determination to use the Service, you have relied solely on the results of such investigation and such independent judgement. Without limiting the generality of the foregoing, you understand, acknowledge and agree that the legal requirements pertaining to blockchain technologies and digital assets generally are uncertain, and you have conducted an independent investigation of such potentially applicable legal requirements and the resulting risks and uncertainties, including the risk that one or more governmental entities or other persons may assert that any digital assets or cryptographic tokens may constitute securities under applicable legal requirements. You hereby irrevocably disclaim and disavow reliance upon any statements or representations made by or on behalf of, or information made available by, VORLDS, in determining to enter into this Agreement or otherwise use the Service.
• Litigation. There is no legal proceeding pending that relates to your activities.
• Compliance. You have not failed to comply with, and have not violated, any applicable legal requirement. You are an independent contractor and not a partner, joint venturer, agent or employee of VORLDS, and you will not bind or attempt to bind VORLDS to any contract. You are not eligible to participate in any of VORLDS’s employee benefit plans, fringe benefit programs, group insurance arrangements, or similar programs. Neither this Agreement nor your use of the Service shall create an association, partnership, joint venture, or relationship of principal and agent, master and servant, or employer and employee, between you and VORLDS. a