Acceptance of Terms
Last updated: [11.05.2024]
1. Acceptance of Terms
These Terms and Conditions (hereinafter referred to as the “Terms”) govern access to the app.wormfare.com website and services provided by Wormfare LLC, a company registered under the laws of Saint Vincent and the Grenadines. By using the Wormfare site and services, you agree to these Terms. If you do not agree with these Terms, please discontinue your use of the Platform.
2. Legal Structure and Purpose
Wormfare LLC, registered in Saint Vincent and the Grenadines, is a limited liability company established for IT services and mobile application development, along with other activities permitted by law.
3. Volatility and Risks of the Cryptocurrency Market
Users are advised that the cryptocurrency market is highly volatile, and there are potential financial risks associated with the use of tokens, including the $WOFR token. Wormfare does not provide financial or investment advice, and any use of the $WOFR token is at the user’s own risk.
4. Utility of the $WOFR Token
The $WOFR token is a utility token designed solely for in-game operations on the Wormfare platform, including staking and purchasing in-game items. The token does not confer ownership, profit-sharing, or voting rights in the company.
5. Privacy Policy and Data Collection
We collect only essential data necessary for the ecosystem’s functionality, such as wallet addresses and information provided during KYC verification. All collected data is protected and stored in encrypted form following applicable security standards. Users have the right to request deletion of their data by contacting customer support. Deletion requests are processed in line with our Privacy Policy.
6. Contact Information for Privacy Questions
For questions related to privacy or other aspects of platform use, users may contact us through the official communication channels listed on the app.wormfare.com website, including email and social media accounts.
7. Token Withdrawal
Users can withdraw $WOFR tokens via integrated wallets and exchanges where $WOFR is listed for trading. Please note that all token transactions are irreversible, except in cases of technical errors, which will be reviewed individually.
8. Refunds and Transaction Cancellations
All token transactions on the platform are final and non-refundable. Wormfare LLC does not offer refunds once a transaction is completed, except in cases of technical malfunctions, which will be addressed on a case-by-case basis.
9. Account Suspension
Wormfare LLC reserves the right to suspend or block user accounts for violations of these Terms, including, but not limited to, the following prohibited actions:
- Fraudulent activities
- Hacking or unauthorized access attempts
- Use of bots or automated software
- Violations of the fair play policy
10. Limitation of Liability
Wormfare LLC, its members, and management are not liable for any losses incurred by users as a result of using the Platform, except in cases of technical failures.
11. Jurisdiction and Governing Law
All disputes arising in connection with the use of the Platform shall be governed by the laws of Saint Vincent and the Grenadines, where Wormfare LLC is registered. These Terms are also governed by the same jurisdiction.
12. Regional Restrictions
Wormfare LLC complies with international regulations and may restrict access to users from countries where cryptocurrency activities are prohibited. Users are responsible for ensuring their compliance with local laws and regulations.
13. Changes to Terms of Use
Wormfare LLC reserves the right to modify these Terms as needed in response to changes in legislation or internal updates. Users will be notified of such changes in advance through official communication channels. Continued use of the Platform after any changes constitutes acceptance of the revised Terms. Wormfare LLC does not guarantee compensation or refunds due to modifications affecting service access or economic conditions.
14. Data Retention after Account Deletion
Wormfare LLC may retain data necessary to comply with legal obligations for financial reporting and regulatory purposes.