Terms of use

Last Updated: 27th March, 2023

Welcome to Soulbound Identity Plus ("we", "us", or "our"). Please read these Terms of Use ("Terms") carefully before using our decentralized identity web-based product ("Services"). By accessing or using the Services, you ("User", "you", or "your") agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use our Services.

  1. Eligibility

    You must be at least 18 years old or the age of majority in your jurisdiction to use our Services. By using our Services, you represent and warrant that you meet this requirement and have the legal capacity to enter into these Terms.

  2. Account Registration

    To use our Services, you must create an account ("Account") by completing our Know Your Customer (KYC) process. You agree to provide accurate, current, and complete information about yourself during the registration process and to maintain and promptly update your Account information as necessary.

  3. Account Security

    You are responsible for maintaining the confidentiality of your Account login credentials and for all activities that occur under your Account. You agree to notify us immediately if you suspect or become aware of any unauthorized use of your Account or any other breach of security.

  4. License Grant

    Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, and revocable license to access and use the Services solely for your personal, non-commercial use.

  5. Use Restrictions

    You agree not to:

      5.1

    1. Use the Services for any illegal, unauthorized, or otherwise prohibited purposes.

      2. 5.2

    2. Violate, or encourage others to violate, any right of a third party, including by infringing or misappropriating any third-party intellectual property right.

      3. 5.3

    3. Interfere with the operation of the Services or any User's enjoyment of the Services, including by distributing any malware or other malicious code.

      4. 5.4

    4. Modify, create derivative works from, reverse engineer, decompile or disassemble any part of the Services, except as permitted by applicable law.

      5. 5.5

    5. Attempt to gain unauthorized access to any part of the Services or any systems or networks connected to the Services.
  6. Intellectual Property

    All intellectual property rights in the Services, including but not limited to, software, content, and trademarks, are owned by us and our licensors. You have no rights in or to the Services except as expressly granted in these Terms.

  7. Data Privacy

    Your privacy is important to us. Please review our Privacy Policy, which is incorporated into these Terms by reference, to understand how we collect, use, and protect your personal information in connection with our Services.

  8. Third-Party Services

    Our Services may contain links to third-party websites or services that are not owned or controlled by us. We have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites or services. You acknowledge and agree that we shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with your use of or reliance on any such third-party websites or services.

  9. Termination

    We may terminate or suspend your access to the Services and your Account, without prior notice or liability, if you breach these Terms. Upon termination, all rights granted to you under these Terms will cease, and you must immediately cease using the Services and delete all copies of any related software or content in your possession or control.

  10. Disclaimer of Warranties

    THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE, OR THAT THE SERVICES WILL MEET YOUR EXPECTATIONS.

  11. Limitation of Liability

    TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL SOULBOUND IDENTITY PLUS, ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR ACCESS TO OR USE OF THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

  12. Non-Refundable Payments

      12.1

    1. Payment for Services: User acknowledges and agrees that any payment made in connection with the acquisition or use of the SBID product ("Services") is non-refundable. Once payment has been made, it is final and cannot be refunded under any circumstance.

      2. 12.2

    2. Acknowledgement: By purchasing the Services, User confirms understanding and acceptance of this non-refundable policy. It is the User's responsibility to ensure that their decision to purchase the Services is based on accurate information and careful consideration.

      3. 12.3

    3. Exceptional Circumstances: Any exceptions to this policy will be at the sole discretion of our company, subject to applicable laws and regulations.

      4. 12.4

    4. Changes to Service: Should there be any changes to the Service, the User will not be entitled to a refund. Users are encouraged to regularly review the Terms of Use and the features of the Service to understand what they are purchasing.
  13. Indemnification

    You agree to indemnify, defend, and hold harmless Soulbound Identity Plus, its affiliates, directors, officers, employees, agents, and licensors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with your use of the Services, your violation of these Terms, or your infringement of any intellectual property or other rights of any third party.

  14. Governing Law and Dispute Resolution

    These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law principles. Any dispute arising out of or in connection with these Terms or your use of the Services shall be subject to the exclusive jurisdiction of the courts located in the British Virgin Islands.

  15. Changes to the Terms

    We may update these Terms from time to time. If we make material changes, we will notify you by posting the updated Terms on our website or through other appropriate communication channels. Your continued use of the Services following any such notification constitutes your acceptance of the revised Terms.

  16. Miscellaneous

    These Terms constitute the entire agreement between you and Soulbound Identity Plus with respect to the Services and supersede any prior agreements, communications, or representations. Our failure to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions shall remain in full force and effect.

  17. Contact Information

    If you have any questions or concerns regarding these Terms or our Services, please contact us at:

    • Soulbound Identity Plus Ltd
    • Intershore Chambers, Road Town, Tortola.
    • British Virgin Islands
    • Email: [email protected]

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