Token Swap Terms & Conditions
LAST UPDATE: 8 April 2023
The Dapp and the related services are provided to You upon Your acceptance without modification of the Agreement and all other operating rules, policies and procedures that may be published from time to time on the Dapp by Jur. Please read the Agreement carefully before accessing or using the Dapp. By accessing or using any part of the Dapp or its services You agree to become bound by the Agreement. If You do not agree to all the terms and conditions of this Agreement, then You may not access the Dapp or use any Services of Dapp. The Dapp and its services are available only to companies and to individuals who are at least 18 years old.
ACCEPTANCE OF THE T&C
At the time of your first access to the Dapp, you will be asked to accept T&C. By accepting T&C, You enter into the Agreement, which constitutes a legally binding agreement with Jur. If You do not agree with any of these provisions, We strongly recommend You to cease using the Dapp.
CONDITIONS OF USE FOR THE USER
SCOPE AND THE PROCESS OF THE DAPP
The Dapp is designed to allow you to swap your Jur (VIP-180) tokens, which are built on the VeChain blockchain, to the Polkadot blockchain as new Jur tokens. In order to complete the swap process, you have to comply with the following steps in the Dapp:
Stay in touch. After signing your Sync 2.0 Wallet, you may provide us your email address via the “stay in touch” button in order to receive our notification when your new Jur tokens will be ready to claim on Polkadot. Please note that this is not a requirement for swapping, it only facilitates us to inform you of Polkadot claims. Otherwise, you may skip this step and follow our Twitter feed for the announcement.
Lock tokens for swap. After providing your email address or skipping the “stay in touch” button, you will be able to choose the amounts of Jur tokens that you want to lock in the Jur contract to swap. You can lock as many Jur tokens as you prefer. After specifying the amount of the Jur token, you have to sign the Sync 2.0 Wallet for the transaction.
Success. By signing the transaction, you will receive the “Success” notification that “the amount of Jur tokens that you specified are locked and on the way to Polkadot”. In case you don’t lock all of the amounts, the unlocked amount of the Jur token will remain in VeChain.
Transfer in progress. After the “Success” notification, you have to wait to claim your tokens on Polkadot until they will be ready. The transfer may take up to 36 hours. You will be able to find the transaction details via Dapp. Contact us if you have any questions via [_]. If you provide your email address according to Clause 4.3, we will notify you when your Jur tokens will be ready to claim on Polkadot.
Polkadot Wallet address. After the transfer has been completed, you need to provide your Polkadot Wallet address and sign it with the Sync 2.0 Wallet.
Claim tokens. After you sign Sync 2.0 Wallet, you will get the notification that your Jur tokens have been transferred from VeChain and are ready to be claimed on Polkadot. Then, you will be able to claim your Jur tokens on Polkadot by clicking the “Claim Tokens” button.
Success. After you claim the tokens, you will be able to access your transaction details. In case you are willing to lock more Jur tokens, you will be able to complete the swap process according to this present clause 4.
USE OF SMART CONTRACTS
The Smart Contracts are configured to enable the swap of the Jur tokens from VeChain blockchain to Polkadot blockchain as described in the previous Clause. Users are forbidden from engaging in any attack, hack, denial-of-service attack, interference, or exploit of any Smart Contract related to the Dapp. Operations performed by a User that is technically permitted by a Smart Contract related to the Dapp may nevertheless be a violation of the Agreement and the law. The User acknowledges that Jur may modify, change, amend, or replace one or more of the Smart Contracts from time to time. The User agrees that a modification to one or more of the Smart Contracts does not alter any right or obligation conferred by this Agreement.
RIGHTS OF JUR
Jur has the right to: modify, update, suspend, limit or interrupt the operation of the Dapp at any time; analyse the traffic on the Dapp (e.g. detect the most visited pages, the number of Users per hour or per day, the geographical origin, the average connection time, the browsers used, the origin of the User – from search engines or from other Sites -, phrases and words searched for, etc.) in order to understand how it is used and manage, optimise and improve it, or even just for statistical purposes; solve operational or technical problems (e.g. anomalies in page loading); perform monitoring activities to repel and/or prevent cyber-attacks and/or fraud.
Jur may, at its sole discretion and without any obligation to pay compensation: deny any of the Users further registrations to the Dapp and/or access to the Dapp; take against any of the Users any action for its own protection, including those aimed at obtaining compensation for damages.
WARRANTY EXCLUSIONS AND NO ASSISTANCE
The Dapp is provided on an “AS IS” and “AS AVAILABLE” basis and Jur makes no warranties, express or implied (including the implied warranties of non-infringement, merchantability and fitness for a particular purpose), and may be temporarily inaccessible or otherwise defective or delayed. Jur will make every reasonable effort to ensure that the User has continuous and uninterrupted access to the Dapp but will not, under any circumstances, be liable if one or more of the Content made available to the User (even free of charge) is temporarily or permanently inaccessible.
In particular, Jur makes no warranty as to: the suitability of the Dapp with respect to the needs of the User; the availability of, and the absence of errors in, the Dapp; the quality of the Dapp; the correction of any technical errors of the Dapp. Any material accessed, downloaded, or otherwise obtained through the use of the Dapp is done at the User’s own discretion and risk and the User will be solely responsible for any damage to the User’s computer system or loss of data that results from the download of any such material. No advice or information, whether oral or written, obtained by the User from Jur or through or from the Dapp will create any warranty not expressly stated in the Agreement.
Except as otherwise expressly provided in the Agreement, Jur does not represent or warrant that the Dapp will meet the User’s requirements; the Dapp will be uninterrupted, timely, secure, or error-free;
the results that may be obtained from the use of the Dapp will be accurate or reliable; the quality of any products, services, information, or other material purchased or obtained by the User through the Dapp will meet the User’s expectations; any errors in the Dapp will be corrected.
You agree that from time to time We may remove the services available on the Dapp for indefinite periods of time, or cancel such services at any time, without notice to You. Because some jurisdictions do not allow the exclusion of implied warranties, the above exclusion of implied warranties may not apply to You. Because some states or jurisdictions do not allow the exclusion or the limitation of liability for consequential or incidental damages, in such states or jurisdictions, Jur’s liability will be limited to the extent permitted by law.
Jur will use reasonable efforts to protect information submitted by You in connection with the Dapp, but You acknowledge and agree that Your submission of such information is at Your sole risk, and Jur hereby disclaims any and all liability to You for any loss or liability relating to such information in any way.
Jur does not guarantee the provision of technical assistance in relation to the Dapp.
All Intellectual Property Rights relating to the Dapp, the services provided through the Dapp are the sole and exclusive property of Jur. By means of the Agreement, Jur grants User a worldwide, royalty-free, non-exclusive, perpetual, non-transferable licence to use the Dapp, from any of its devices, in accordance with the Agreement. All rights not expressly granted by Jur to the User remain reserved. All unwaivable moral rights recognized by applicable law remain reserved. The license expressly does not include the right to reproduce, distribute, decompile, modify or sell the Dapp. It is also forbidden to perform operations of reconverting the different steps of the software manufacturing process (reverse-engineering) and integrating parts of the software or the results into another software. The right to create derivative works is also expressly excluded, which remains absolutely and exclusively reserved in Jur.
In order to proceed with the allocation of the requested swap of the Jur tokens, Users will comply with the written instructions that Jur will provide to them either through the Dapp or by other means of communication chosen by Jur in its sole discretion. The User must have the availability of a Sync 2.0 and Polkadot Wallets address in order to complete swap. In the absence of such a Wallet, Jur will not be able to proceed with the swap of the Jur tokens. Jur will have no liability in relation to such Wallets and will not have access to any Private Key thereof. You understand that your Wallets public address will be made publicly visible whenever you engage in a transaction on the Dapp.
Jur, in the process of swap may make use of Third Party suppliers. Possible delays related to the congestion of the Internet network or Blockchain of reference or related to other problems not depending on the exclusive fact and fault of Jur cannot be charged to the latter. Jur does not provide any services, including technical or IT support and assistance. Any possible assistance and support of a technical nature, aimed at a better management of the swap Jur tokens, may be provided on a case by case basis by Jur on the basis of its availability, without this implying any form of compulsory technical assistance for the User.
RISKS AND DISCLAIMERS
No Consequential, Incidental or Punitive Damages: to the fullest extent permitted by law, in no event will Jur be liable to You or any Third Party for any lost profit or any indirect, consequential, exemplary, incidental, special or punitive damages arising from the Agreement, the Services, or for any damages related to loss of revenue, loss of profits, loss of business or anticipated savings, loss of use, loss of goodwill, or loss of data, and whether caused by tort (including negligence), breach of contract, or otherwise, even if foreseeable and even if Jur has been advised of the possibility of such damages. access to, and use of, the services, products or Third Party Sites and products are at Your own discretion and risk, and You will be solely responsible for any damage to Your computer system or mobile device or loss of data resulting therefrom.
User Responsibility: the Users are the sole owners and responsible for their respective Wallets that they decide to use on the Dapp. Accordingly, Users are the sole responsible for keeping private and confidential the respective Private Keys of such Wallets.
Certain Uses and Risks of Blockchain Technology: Jur utilizes experimental cryptographic technologies and Blockchain technologies, including tokens, “smart contracts,” and distributed, decentralized or peer-to-peer networks or systems for the purpose of providing the Dapp and swap of the Jur tokes. Each User acknowledges and agrees that such technologies are novel, experimental, and speculative, and that therefore there is significant uncertainty regarding the operation and effects and risks thereof and the application of existing law thereto.
LIMITATION OF LIABILITY AND INDEMNIFICATION
No liability will arise for Jur towards the User or any Third Party as a result of the provision of the Dapp and the services provided through it, none excluded, and in particular from swapping the Jur tokens.
In particular, Jur nor its employees, agents, or third-party content providers will be liable for any loss resulting from use or unavailability of information or content on or in connection with the service, including but not limited to any lost profits, loss or damage to data, or any direct, indirect, special, consequential, compensatory or incidental damages, even if they have been advised of the possibility of such damages. This disclaimer is applicable to any damage or injury resulting from negligence or omission of net, computer virus or other similar item, telecommunications errors, or unauthorized access to, or use of user information through theft or any other means. We are not liable for criminal, tortuous, or negligent actions or omissions of Third Parties that affect the Dapp. In no event will Jur or any of its directors, officers, agents, employees, assigns, or third-party content providers be held liable for any tortuous or illegal conduct of other Users. In no event will Jur or any of its agents, employees, or assigns be held liable for any damage to equipment, hardware, or other property of user or personal injury that arises in connection with use of the Dapp.
Jur will not be liable for any errors, inaccuracies, omissions and, more generally, for damages caused, directly or indirectly, by decisions taken or initiatives undertaken by the User or by Third Parties on the basis of (and/or as a result of) the Dapp and Content made available through the Dapp.
The technology underlying the Dapp is currently under development and testing. Jur therefore accepts no liability for any technical issues or for any loss related to the provision of the Dapp. Jur will not be liable for any activity attributable to the User’s Wallet. In any case, Users will immediately notify Jur of any unauthorized use of their respective Wallets. Jur is not responsible for any activity related to an external link or the external Wallet or for any other action caused by the User or Third Party in relation to the Dapp. Jur will not in any event be liable for any errors arising from the failure of the User’s connection to the Dapp or the failure of the Dapp to function properly and/or technical issues related to the transactions necessary to process the swap of the Jut tokens (including gas fees, Third Party platform fees, Blockchain etc.).
Jur will not be liable for any loss or damage arising from User’s failure to comply with obligations set forth in the Agreement. To the fullest extent permitted by applicable law, You agree to indemnify, defend and hold harmless Jur, and our respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns, 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 pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise, 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 Dapp (b) any Feedback You provide, (c) Your violation of the Agreement, (d) Your violation of the rights of a Third Party, including another user or Wallets, (e) any intellectual property disputes.
OBLIGATIONS OF THE USERS
In additions to all the obligations outlined so far, the Users undertake to: not to use the Dapp in an improper manner, for purposes that are not permitted by law or contrary to morality, to spread computer viruses, to perform activities that may compromise the security of the Dapp or damage it, to access the Dapp using automated tools (such as collection bots, robots, spiders or scrapers);
provide their true Data; not to violate any term of the Agreement; to respect the rights of Jur and/or of Third Parties.
Jur reserves the right at any time to modify this Agreement and any legal document present on the Dapp, or to add at any time new or additional terms or conditions on Your use of the Dapp. Such modifications and additional terms and conditions will be effective immediately and incorporated into this Agreement. Your continued use of the Dapp will be deemed acceptance thereof.
Jur will not incur any liability or penalty for not performing any act or fulfilling any duty or obligation hereunder or in connection with the matters contemplated hereby by reason of any occurrence that is not within its control (including any provision of any present or future law or regulation or any act of any governmental authority, any act of God or war or terrorism, any epidemic or pandemic, or the unavailability, disruption or malfunction of the Internet, the World Wide Web or any other electronic network, the Blockchain or Jur technological systems or any aspect thereof, or any consensus attack, or hack, or denial-of-service or other attack on the foregoing or any aspect thereof, or on the other software, networks and infrastructure that enables Jur to provide the Dapp and the related services.
USERS RESPONSIBILITY FOR WALLET ADDRESSES
Users need to use a VeChain Sync 2.0 and Polkadot Wallet, and provide their email addresses in order to swap the Jur tokens. Such Wallets and the related Private Keys are for Your personal use only and should be kept confidential. You understand that You are responsible for all use (including any unauthorized use) of your Wallet and email address, as well as for all matters relating to addresses through which You interact with the Dapp. Notify us immediately if You believe there has been unauthorized access to any of Your accounts or addresses.
You also grant us the right to allow the Dapp to use the processor, bandwidth, and storage hardware on Your Device in order to facilitate the operation of the Dapp.
The Agreement regulates the relationship between Jur and the User and does not create rights in favour of, nor obligations against, Third Parties. Any tolerance by Jur of the conduct of the Users in violation of the provisions contained in the Agreement does not constitute a waiver of the rights arising from the provisions violated, nor the right to require the exact fulfilment of all terms and conditions therein. Jur does not provide Content and/or services to individuals who do not have the legal capacity to act to accept the Agreement as set out in their home country’s legislation. The rights and remedies included herein are not exclusive, but are in addition to any other rights and remedies available under applicable law.
Any limitation or exclusion of liability provided for in favour of Jur in the Agreement will apply to the fullest extent permitted by law.
APPLICABLE LAW AND JURISDICTION
The Agreement is governed by Swiss Law, without regard to its choice of law or conflicts of law principles.
The Parties expressly agree that any disputes regarding the validity, performance, effectiveness or termination of the Agreement is subject to the exclusive jurisdiction of the Swiss Court and, in particular, exclusively to the Court of Zug (Switzerland) unless mandatory applicable laws provide otherwise.
Agreement has the meaning set forth in Clause 1.2;
Blockchain means the para-chain of Polkadot named “Moonbeam”;
Clause means any Clause of the T&C;
Content means, by way of example only, any finite stream of data or information (file or software package), containing textual, photographic, video, audio, scripts, graphics, programming code, writings (including the way in which the same are presented and formatted), and features present on the Dapp or provided by the User by means of the Dapp;
Dapp has the meaning set forth in Clause 1.1;
Data the information relating to the Users necessary to use the Dapp and the related services, as well as all the information transmitted by the device by means of which the Users uses the Dapp;
Feedback has the meaning set forth in Clause 6.3;
Gas Fee means any payment of a transaction fee required by the Blockchain for any operation or transaction that occurs on the Blockchain;
Glossary means this section of the T&C;
Intellectual Property Rights means patents, utility models, designs, copyrights and neighboring rights, trademarks or service marks, rights in the topography of semiconductor products, database rights, rights contained in confidential information, including know-how and trade and industrial secrets, moral rights or other similar rights in any country and, whether or not they are registered, any application for registration of any of the foregoing rights and all rights relating to the filing of applications for registration of any of the foregoing rights which are owned by, licensed to or otherwise lawfully used by the respective owner;
Jur or We has the meaning set forth in Clause 1.3;
Private Key means and refers to an alphanumeric string that is generated at the creation of a crypto wallet address and serves as its password or the access code. Whoever has access to a private key has absolute control over its corresponding wallet, access to the funds contained within, and can transfer or trade assets and use the account for other purposes;
Smart Contracts means a computer program or a transaction protocol run on a Blockchain protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement;
T&C has the meaning set forth in Clause 1.1;
User or You”/”Your has the meaning set forth in Clause 1.1;
Wallet means a tool that You can use to interact with a Blockchain network;
Wallet address means the string of alphanumeric, which is Polkadot Wallet address or Sync 2.00 Wallet address.