Disclaimer

By accessing and using Peace Wallet services, you represent and warrant that you have not been included in any trade embargoes or economic sanctions list (such as the united nations security council sanctions list), the list of specially designated nationals maintained by OFAC (the office of foreign assets control of the U.S. department of the treasury), or the denied persons or entity list of the U.S. department of commerce and complied in all material respects with all applicable laws relating to sanctions, anti-terrorism, anti-corruption and anti-money laundering. Peace Wallet reserves the right to choose markets and jurisdictions to conduct business, and may restrict or refuse, in its discretion, the provision of Peace Wallet services in certain countries or regions. The services are only available in jurisdictions where they may be legally offered. These tokens derive their value from its blockchain network and are subject to high market risks. Users shall bear the liabilities of his actions in dealing with the tokens offered.

You may not use the services if (i) you are in a prohibited jurisdiction (“restricted territories”); (ii) you are a member of any sanctions list or equivalent maintained by the United States government, the United Kingdom government or by the European Union (“restricted persons”); (iii) you intend to transact with any restricted territories or restricted persons; (iv) you are located, incorporated or otherwise established in, or a citizen or resident of a jurisdiction where it would be illegal under applicable law for you (by reason of your nationality, domicile, citizenship, residence or otherwise) to access or use the services; or (v) the publication or availability of the services is prohibited or contrary to local law or regulation, or could subject Peace Wallet to any local registration or licensing requirements. No communication or information provided to you by Peace Wallet is intended as, or shall be considered or construed as, investment advice, financial advice, trading advice, or any other sort of advice.

Terms of service

By downloading Peace-wallet Mobile Light Wallet Applications and browsing the website, you acknowledge that:

If you don’t agree with the Terms of Service (“Terms”), you cannot use peace-wallet. peace-wallet reserves the right to modify these Terms at any time and at our sole discretion. In case of any changes, we will change the date of the last update at the beginning of these Terms. Please check this page regularly for updates.

  1. 1. Parties
    1. 1.1. This agreement is between you ( ‘You’ or ‘Your’) and JAXCORP SERVICES LLC, a Company incorporated in Ukraine (Peace Wallet). Peace Wallet is a Blockchain Platform which consists of a mobile application (‘Software’) and website peacewallet.io. All of the services provided by Peace Wallet we identify in this document as ‘Services’.
    2. 1.2. It’s your own responsibility to read the Terms of Service carefully before you start to use PeaceWallet.
  2. 2. Definitions And Services offered Peace Wallet is an innovative cryptocurrency infrastructure, which consists of:
    1. 2.1. Peace Wallet Light Wallet Applications Peace Wallet has created means for users to access and transfer ownership of virtual currency tokens (‘Cryptocurrency’), such as Bitcoins, JAX coins, JAXNET coins. By entering into this agreement you will receive a license to use Peace Wallet. You should only use the Peace Wallet if you are familiar with cryptocurrencies. We highly recommend learning the basics of any cryptocurrency that you plan on using Peace Wallet before running the application.
    2. 2.1.1. You are the sole owner of your Private Keys. Peace Wallet does not store your private keys, backup phrases or passwords (“Private Information”) on its servers. It is very important that you backup and save your private information. If you lose your private information, it will not be possible for Peace Wallet to recover it for you and you may lose access to your Virtual Currencies. Peace Wallet does not have access to your wallet, funds, transactions or any other information. If you do not maintain a backup of your Peace Wallet data outside of the Services, you will not be able to access the Virtual Currency associated with your Wallet.
    3. 2.1.2.Transactions: The only authentic record of Virtual Currency transactions is the applicable Virtual Currency’s blockchain. Peace Wallet provides functions which allow you to send Virtual Currency transfer instructions. Peace Wallet does not guarantee that your transactions will be delivered because your transaction from Peace Wallet shall be added and stored in any Virtual Currency blockchain. You must ensure that your transactions conform to the applicable rules of the Virtual Currency software. There may be transaction fees (e.g. mining fees) associated with your Virtual Currency transactions that are required by the virtual currency system you engage with. Peace Wallet shall not be responsible for any losses you incur due to transaction fees or losses that occur due to incorrectly set transaction fees (i.e. too low or high). Peace Wallet does not have access to your transactions (or anyone else’s).
    4. 2.1.3. No Control Over Blockchains: Peace Wallet is not the creator of and does not have any control over any of the Virtual Currencies that Peace Wallet and Mobile Applications allow you to use. Your balance and actual transaction history are supported by each cryptocurrency block explorers (ex. https://explore.jax.net/ and etc).
  3. 3. Your Obligations
    1. You shall be of the age of majority in your local jurisdiction; and, be responsible for your own Virtual Currency and backup/store in writing your private key and backup phrase and keep it private; and, carefully guard your private keys and backup phrases in usage of Peace Wallet Mobile Light Wallet Applications and ensure that your device(s) are fully updated and do not contain viruses, malware or otherwise malicious software.
    2. You shall not: violate any laws when using Peace Wallet Mobile Light Wallet Applications; or circumvent, or attempt to circumvent the security measures Peace Wallet are using to protect other accounts, computer systems, or networks connected to the Peace Wallet Mobile Light Wallet Applications; or deposit Virtual currency into address for tokens and/or coins that are not supported by the Peace Wallet Mobile Wallet Light Application; or, use Peace Wallet in a manner likely to infer with other Peace Wallet users or virtual currency nodes (e.g. excessive API calls or network spam)
  4. 4. Limited Intellectual Property License
    1. This agreement licenses Peace Wallet services to you on a personal, non-exclusive, royalty-free, non-transferable, worldwide-basis for the purpose of managing virtual currencies.
  5. 5. Specifically Disclaimed Risks
    1. Using Virtual Currency software necessarily entails many risks. Peace Wallet specifically disclaims and shall bear no liability to you for the following risks: Operating system failures (mobile or desktop); interactions between your hardware, software, and the Peace Wallet; Cloud backup software (e.g. certain Android distributions) which may upload your private information to third party services; any malware, viruses or other malicious software on your device that is able to take control of or interfere with Peace Wallet; any communication delays between your Peace Wallet and a node or relay service for a virtual currency (and vice versa); and, failure to achieve a certain market value/price for a virtual currency token, whether through a third-party service or any other kind of transaction; and, theft of virtual currency tokens.
  6. 6. No Warranty
    1. Peace Wallet is provided to you at no cost “AS IS” AND without any warranty whatsoever, to the maximum extent permissible by law. Without limiting the generality of the foregoing, Peace Wallet does not warrant that Peace Wallet is fit for your purpose, even if you have previously provided notice of your intended purpose and does not warrant that Peace Wallet will operate in a bug-free manner.
  7. 7. Limitation of Liability
    1. IN NO EVENT WILL PEACE WALLET BE LIABLE TO YOU FOR: ANY LOST PROFITS, REVENUE OR DATA, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, OR DAMAGES OR COSTS DUE TO LOSS OF PRODUCTION OR USE, BUSINESS INTERRUPTION, OR PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES ARISING OUT OF OR IN CONNECTION WITH THE SERVICES, WHETHER OR NOT PEACE WALLET HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF THE THEORY OF LIABILITY ASSERTED, WHICH HAVE RESULTED FROM (I) YOUR USE OF, OR CONDUCT IN CONNECTION WITH, OUR SERVICES; (II) ANY UNAUTHORIZED USE OF YOUR WALLET ADDRESS AND/OR PRIVATE KEY DUE TO YOUR FAILURE TO MAINTAIN THE CONFIDENTIALITY OF YOUR WALLET; (III) ANY INTERRUPTION OR CESSATION OF TRANSMISSION TO OR FROM THE SERVICES; OR (IV) ANY BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE THAT ARE FOUND IN THE PEACE WALLET OR THAT MAY BE TRANSMITTED TO OR THROUGH OUR SERVICES BY ANY THIRD PARTY (REGARDLESS OF THE SOURCE OF ORIGINATION).
  8. 8. Cap on Liability.
    1. UNDER NO CIRCUMSTANCES WILL Peace Wallet BE LIABLE TO YOU FOR DAMAGES ARISING OUT OF THE SERVICES EXCEEDING $50.
  9. 9. Indemnity
    1. You agree to indemnify Peace Wallet against any claims, damages, losses or legal fees incurred due to your use (or misuse) of Peace Wallet.
  10. 10. Non-Waiver
    1. No action or inaction on the part of Peace Wallet shall be considered a waiver of any right or obligation by Peace Wallet.
  11. 11. Amendment
    1. This agreement may be amended by Peace Wallet from time to time. If you do not agree to the amended terms then your sole remedy shall be to cease using services of the website.
  12. 12. Assignment
    1. You shall not assign this Agreement. Peace Wallet may assign this Agreement to 11 days’ notice.
  13. 13. Discontinuance of Services.
    1. We may, in our sole discretion and without cost to you, with or without prior notice, and at any time, modify or discontinue, temporarily or permanently, any portion of our services. You are responsible for storing outside of the software your 12-word backup phrase. Saving your backup phrase and private keys pairs associated with your Peace Wallet will allow you to access the blockchain and your funds at any place and time. This backup will allow you to fully restore your Peace Wallet at any time without cost or loss of Virtual Currency. Peace Wallet shall not be held responsible or liable for any loss of Virtual Currency in the event that we discontinue or deprecate the Services.
  14. 14. GOVERNING LAW
    1. No matter the place of your location, the laws of the Ukraine will govern these Terms and the parties’ relationship as you signed these Terms in Ukraine, without regard to Ukraine’s conflicts of laws rules. If any provisions of these Terms are inconsistent with any applicable law, those provisions will be superseded or modified only to the extent such provisions are inconsistent. The parties agree to submit to the courts of Ukraine for exclusive jurisdiction of any dispute arising out of or related to the use of the Services or breach of these Terms. You waive any objection based on lack of personal jurisdiction, place of residence, improper venue or forum, non convenience of any such action.
  15. 15. TERMINATION
    1. In the event of termination concerning your license to use Peace Wallet, your obligations under this Agreement will still continue. Your access to the funds in your Wallet after termination will depend on your access to your backup of your wallet and private key.
  16. 16. SEVERABILITY
    1. If it turns out that any part of this Agreement is invalid, void or for any other reason unenforceable, that term will be deemed severable and limited to the minimum extent necessary. The limitation or elimination of the term will not affect any other terms
  17. 17. ARBITRATION & WAIVER OF CLASS ACTION
    1. The parties agree to arbitrate any dispute arising from this Agreement or your use of the Services on an individual basis. ARBITRATION PREVENTS YOU FROM SUING IN COURT OR FROM HAVING A JURY TRIAL. THE PARTIES HEREBY EXPRESSLY WAIVE TRIAL BY JURY. The parties agree that: (a) any arbitration will occur in Ukraine; and (b) the arbitration will be conducted confidentially by the single Arbitrator, in the English language, and with limited discovery. The Arbitrator has the authority to grant any remedy that would otherwise be available to a Court or other tribunal. THE PREVAILING PARTY IN ANY ACTION OR PROCEEDING TO ENFORCE THESE TERMS SHALL BE ENTITLED TO COSTS AND ATTORNEYS' FEES. THE ARBITRAL DECISION MAY BE ENFORCED IN ANY COURT. WHETHER THE DISPUTE IS HEARD IN ARBITRATION OR IN COURT, YOU AND PEACE WALLET WILL NOT COMMENCE AGAINST THE OTHER A CLASS ACTION, CLASS ARBITRATION, OR REPRESENTATIVE ACTION OR PROCEEDING.
  18. 18. FORCE MAJEURE
    1. We shall not be held liable for any delays, failure in performance, or interruptions of service which may result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to: any delay or failure due to Act of God, act of civil or military authorities, act of terrorism, civil disturbance, war, strike or other labor dispute, fire interruption in telecommunications or Internet services or network providers services, failure of equipment and/or software, other catastrophe, or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.
  19. 19. Entire Agreement
    1. This is the entire agreement between the parties and supersedes any other agreement, representations (or misrepresentations), or understanding, however, communicated.