TERMS AND CONDITIONS

OPENLEDGER

THE SERVICES (AS DEFINED HEREIN) WERE NOT DEVELOPED FOR, AND ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN ANY RESTRICTED JURISDICTION OR COUNTRY SUBJECT TO ANY SANCTIONS OR RESTRICTIONS PURSUANT TO ANY APPLICABLE LAW, INCLUDING THE CRIMEA REGION, CUBA, IRAN, NORTH KOREA, PANAMA, SYRIA, RUSSIA, OR ANY OTHER COUNTRY IN WHICH THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION, BRITISH VIRGIN ISLANDS OR ANY OTHER JURISDICTION EMBARGOES GOODS OR IMPOSES SIMILAR SANCTIONS, OR ANY JURISDICTIONS IN WHICH THE TRANSACTING OF CRYPTOCURRENCIES IS PROHIBITED OR RESTRICTED IN ANY FORM OR MANNER (COLLECTIVELY, THE “RESTRICTED JURISDICTIONS” AND EACH A “RESTRICTED JURISDICTION”) OR ANY PERSON OWNED, CONTROLLED, LOCATED IN OR ORGANIZED UNDER THE LAWS OF ANY RESTRICTED JURISDICTION OR AFFILIATED WITH ANY SUCH PERSON, ANY PERSON LISTED ON ANY SANCTIONS LIST MAINTAINED BY THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION OR ANY OTHER JURISDICTION, OR A RESIDENT OF OR LOCATED IN ANY COUNTRY OR JURISDICTION THAT RESTRICTS ACCESS TO OR PROHIBITS USE OF DIGITAL ASSETS OR CRYPTO CURRENCIES (COLLECTIVELY, “RESTRICTED PERSONS”). THERE ARE NO EXCEPTIONS. IF YOU ARE A RESTRICTED PERSON, OR LOCATED IN A RESTRICTED JURISDICTION, THEN DO NOT USE OR ATTEMPT TO USE THE SERVICES. USE OF ANY TECHNOLOGY OR MECHANISM, SUCH AS A VIRTUAL PRIVATE NETWORK, TO CIRCUMVENT OR ATTEMPT TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS STRICTLY PROHIBITED.

BY USING THE SERVICES, YOU REPRESENT THAT (I) YOU ARE NOT A RESTRICTED PERSON; AND (II) YOU (INCLUDING, IF APPLICABLE, YOUR INDIVIDUAL OWNERS, REPRESENTATIVES, EMPLOYEES, OR ANY OTHER PERSON WITH ACCESS TO YOUR ACCOUNT) WILL NOT COORDINATE, CONDUCT OR CONTROL (INCLUDING BY, IN SUBSTANCE OR EFFECT, MAKING DECISIONS WITH RESPECT TO) YOUR USE OF THE SERVICES FROM WITHIN ANY RESTRICTED JURISDICTION.

YOU ACKNOWLEDGE, UNDERSTAND AND AGREE THAT YOU ARE NOT PERMITTED TO MODIFY, DISASSEMBLE, DECOMPILE, ADAPT, ALTER, TRANSLATE, REVERSE ENGINEER OR CREATE DERIVATIVE WORKS OF THE SERVICES TO MAKE THEM AVAILABLE TO ANY RESTRICTED PERSONS OR IN ANY RESTRICTED JURISDICTION.

1. Overview

OpenLedger (“OpenLedger”, “we”, “us”, or “our”), a subsidiary of the British Virgin Island, owns and operates the OpenLedger™ web extension, dashboard application, desktop application, mobile application, and related hardware, including as made available through the collective websites https://www.openledger.xyz/ (collectively, the “Website”). The Website, together with our web extension, https://testnet.openledger.xyz/, desktop application, mobile application, and related devices (collectively, the “OpenLedger Services”) allow users to participate in a Decentralized Peer-to-Peer Internet Networking Ecosystem that facilitates access to and use of web data (the “OpenLedger Ecosystem ”).

These Terms and Conditions (these Terms) govern your access to and use of the OpenLedger Services and participation in the OpenLedger through your access to and use of the OpenLedger Services. These Terms incorporate our Privacy Policy by reference, which can be accessed at https://www.openledger.xyz/privacy-policy.html. Please read these Terms carefully. They constitute a legal agreement between you and OpenLedger. By accessing, using, or downloading any of the OpenLedger Services or otherwise participating in the OpenLedger, you confirm your agreement to accept and be bound by these Terms, as these Terms may be amended from time to time, in relation to your entire relationship with OpenLedger regarding your access to and use of the OpenLedger Services and participation in the OpenLedger.

If the individual who accepts these Terms does not have the authority, or does not agree with and accept to be bound by these Terms, that individual must not accept these Terms and may not access or use the OpenLedger Services or participate in the OpenLedger Ecosystem.

2. Restricted Persons; Minors

The OpenLedger Services may not be accessed or used by (a) any person or entity that (i) resides in, is located, is incorporated, or has an office in any jurisdiction that is subject to any economic or financial sanctions; (ii) any person who resides in any jurisdiction where your access to or use of the OpenLedger Services or participation in the OpenLedger is illegal or not permitted by applicable law; or (iii) any person or entity that is the subject of any economic or financial sanction (each, a Restricted Person); or (b) any individual who is under the age of majority in their jurisdiction of residence (each, a Minor). If you are a Restricted Person or a Minor you are not permitted to access, use, or download the OpenLedger Services or participate in OpenLedger. Use of a virtual private network to circumvent the restrictions set out in these Terms is strictly prohibited.

3. Access to the OpenLedger Services; Account Creation and Maintenance

To access, use, or download the OpenLedger Services or participate in the OpenLedger, you must accept these Terms. Subject to the terms and conditions of these Terms, OpenLedger will provide you with access to and use of the OpenLedger Services and OpenLedger Ecosystem. Your right to access, use, and download the OpenLedger Services is personal and non- exclusive, may not be transferred or licensed to any other person or entity, and may be revoked by OpenLedger at any time, in accordance with these Terms.

Before completing the registration process for your account, you will be required to indicate your acceptance of these Terms. By creating an account, you represent, warrant, and covenant that you (a) can form a binding contract with OpenLedger; (b) will comply with these Terms and all applicable laws, rules, and regulations; (c) will provide accurate, current, and complete information about yourself as prompted by our registration form or otherwise; and (d) will maintain and update your information, including your contact information, so that it remains accurate, current, and complete at all times.

You will be responsible for the confidentiality and use of your username and password and agree not to transfer to any third-party your right to use or access the OpenLedger Services or the OpenLedger via your account. OpenLedger disclaims any and all responsibility or liability for any unauthorized use of your account. You agree to notify us immediately of any unauthorized use, theft, or appropriation of your account, username, or password. We will not be liable for any loss that you incur as a result of someone else’s use of your account, username, or password, either with or without your knowledge. For clarity, you are entirely responsible for maintaining the confidentiality of your username and password and for any and all activities that are conducted through your account.

4. OpenLedger Property; Trademarks; Feedback

You acknowledge and agree that all right, title, and interest in and to the OpenLedger Services, and all works, designs, content, data, information, features, functionality, software, code, documentation, and other materials that form part of the OpenLedger Services, including the OpenLedger Trademarks (collectively, the “OpenLedger Property”) are the sole and exclusive property of OpenLedger, its affiliates, and their respective licensors. Neither these Terms nor your use of the OpenLedger Property convey or will convey to you any right, title, or interest in or in relation to the OpenLedger Property, except for the limited right to access and use the OpenLedger Services that is granted to you expressly in these Terms. All rights in and to the OpenLedger Property, and the intellectual property in and related to them are expressly reserved by their owner(s). You may not use, reproduce, or otherwise exploit the OpenLedger Property for any purpose, whether commercial or non-commercial, that is not expressly authorized by these Terms without the prior written permission of OpenLedger.

The trademarks OpenLedger, and all related logos, designs, and slogans are trademarks that are owned by OpenLedger and its licensors (the “OpenLedger Trademarks”). You may not use or display the OpenLedger Trademarks without the prior written permission of OpenLedger. All goodwill arising in connection with the use or display of the OpenLedger Trademarks will accrue to OpenLedger and its licensors. All rights in and to the OpenLedger Trademarks are expressly reserved.

You grant to OpenLedger, its affiliates, and their respective licensees, successors, and assigns, a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, fully paid up, transferable, and sublicensable right and license to use and incorporate into the OpenLedger Property any suggestion, enhancement, request, recommendation, correction, or other feedback provided by you relating to the OpenLedger Property or the business, products, or services of OpenLedger or its affiliates.

5. Code of Conduct; Restrictions

You agree that you will comply with these Terms and all applicable laws that apply to you in connection with your access to and use of the OpenLedger Services and participation in the OpenLedger.

You agree that you will not:

  • 5.1.

    provide, disclose, divulge or make available to, or permit use of the OpenLedger Property by, any third party;

  • 5.2.

    rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer, or otherwise make available any OpenLedger Property to any third party, including on or in connection with the Internet or any time-sharing, service bureau, software as a service, cloud, or other technology or service;

  • 5.3.

    copy, modify, or create derivative works or improvements of or based on the OpenLedger Property;

  • 5.4.

    interfere, or attempt to interfere, with the OpenLedger Property in any way, including to reverse engineer, disassemble, decompile, decode, adapt, or otherwise attempt to derive or gain access to the source code of the OpenLedger Property, in whole or in part;

  • 5.5.

    circumvent, or attempt to circumvent, any geographical restrictions, privacy measures, or other access controls, including the use of VPNs for such purposes;

  • 5.6.

    facilitate, incite, or engage in the unethical manipulation or misuse of data or information in a manner that violates applicable law or undermines the access to, use, or operation of the OpenLedger Property;

  • 5.7.

    engage in spamming, mailbombing, spoofing or any other fraudulent, illegal or unauthorized use of the OpenLedger Property;

  • 5.8.

    engage in any activity that impedes or restricts any other user’s access, use, or enjoyment of the OpenLedger Property or which may cause harm to such user;

  • 5.9.

    remove, obscure, or alter any copyright notice, trademarks or other proprietary rights notices affixed to or contained within the OpenLedger Property;

  • 5.10.

    engage in or allow any action involving the OpenLedger Property that is inconsistent with the terms and conditions of these Terms;

  • 5.11.

    impersonate any user or other person or entity or otherwise engage is any fraudulent or intentionally misleading activities in connection with your access or use of the OpenLedger Property;

  • 5.12.

    bypass or breach any security device, or protection used by or in connection with the OpenLedger Property, including in connection with the access or use of the OpenLedger Property;

  • 5.13.

    input, upload, transmit, or otherwise provide to or through the OpenLedger Property any information or materials that are unlawful or injurious, or contain, transmit, or activate any software or other technology, including any virus, trojan horse, worm, backdoor, malware, or other malicious computer code, the purpose or effect of which is to: (a) permit unauthorized access to, or to destroy, disrupt, disable, distort, or otherwise harm or impede in any manner any: (i) computer, software, firmware, hardware, system or network; or (ii) application or function of any of the foregoing or the security, integrity, confidentiality, or use of any data; or (b) prevent you or any other authorized user from accessing or using the OpenLedger Services or as intended (Harmful Code);

  • 5.14.

    damage, destroy, disrupt, disable, impair, interfere with, or otherwise impede or harm in any manner OpenLedger, its affiliates, or the OpenLedger Property, including our provision of any data, products, or services to any third party, in whole or in part;

  • 5.15.

    access or use the OpenLedger Property in any manner or for any purpose that (i) infringes, misappropriates, or otherwise violates the intellectual property or other rights of the OpenLedger or any third party; or (ii) violates any applicable law;

  • 5.16.

    access or use the OpenLedger Property for purposes of competitive analysis of the OpenLedger Property, the development, provision or use of a competing software service or product, or any other purpose that is to the OpenLedger’s detriment or commercial disadvantage; or

  • 5.17.

    otherwise access or use the OpenLedger Property beyond the scope of the authorizations granted under this Agreement.

Engaging in prohibited conduct constitutes a breach of these Terms and may subject you to civil liability or criminal prosecution under applicable laws. OpenLedger reserves the right to investigate and/or terminate your account, without a refund of any purchases or settlement of any outstanding accounts, if you have violated these Terms, misused any OpenLedger Property or have acted in a manner that OpenLedger considers as inappropriate or unlawful.

6. Availability; Downtime; Updates

While we endeavour to keep downtime to a minimum, we cannot promise that the OpenLedger Services or OpenLedger Property’s availability will be uninterrupted, secure, or error-free. We reserve the right to interrupt or suspend access to the OpenLedger Services or any other OpenLedger Property, or any part thereof, with or without prior notice for any reason and you will not be entitled to any refund of fees or other compensation for any such interruption or suspension.

You are solely responsible, at your own expense, for obtaining and maintaining all Internet access, computer hardware, and other equipment and services needed to access and use the OpenLedger Property.

OpenLedger updates the content associated with the OpenLedger Services periodically. However, OpenLedger does not guarantee or accept any responsibility or liability for the accuracy, currency, or completeness of such content. OpenLedger may revise, supplement or delete any information, content, features, functionality, services, or resources contained on the OpenLedger Services and reserves the right to make such changes without prior notification to past, current, or prospective users, including you.

7. Disclaimers

The disclaimers set out in this Section 7 will not limit or exclude any warranties that cannot be excluded or limited excluded under applicable law.

7.1. General Disclaimer

OpenLedger does not make any representation or warranty of any kind, whether express or implied, statutory or otherwise, and OpenLedger specifically disclaims all implied warranties, including any implied warranty of merchantability, fitness for a particular purpose, title, or non-infringement, to the maximum extent permitted by applicable law. All OpenLedger Property, including the OpenLedger Services are provided as-is and as available, exclusive of any warranty whatsoever, including with respect to completeness, security, quality, reliability, or availability. For clarity, and without limiting the generality of the foregoing, OpenLedger make no warranty of any kind that the OpenLedger Property, including the OpenLedger Services or any other products, services, opportunities, Rewards (as defined below), communications, or the results of the receipt of use thereof, will meet your or any other person’s requirements, operate without interruption, achieve any intended result, be compatible or work with any software, system, device, or other services, or be timely, secure, accurate, complete, free of Harmful Code, or error-free. You are responsible for implementing adequate measures to protect the security and integrity of your activities on the Internet, including by installing anti-virus protection and maintaining external backups to recover any lost data or information.

7.2. Disclaimer re: Professional Advice

No advice or information provided or through the OpenLedger Services or any other OpenLedger Property is intended to be investment, financial, legal, tax, or other professional advice. OpenLedger and its affiliates do not provide investment, financial, legal, tax, or other professional advice and recommend that all users of the OpenLedger Services obtain any investment, financial, legal, tax, or other professional advice that such user deems necessary in connection with their access to, use, or download of OpenLedger Services.

7.3. Disclaimer re: Harmful Code

OpenLedger is not responsible or liable for any software that may infect or otherwise affect the use of your computer equipment or other property on account of your access to or use of the OpenLedger Services or your downloading or otherwise acquiring any content or other information from or through the OpenLedger Services.

7.4. Disclaimer re: Rewards

The OpenLedger Services allow users of the OpenLedger Services to contribute their unused Internet bandwidth in support of the creation, operation, and proliferation of the in exchange for the opportunity to receive certain indicators, points, or other intangible rewards (collectively, “Rewards”). Your opportunity to receive such Rewards in connection with your access to and use of the OpenLedger Services or participation will be determined in the discretion of one or more third parties who may provide such Rewards. You understand agree that your access to and use of the OpenLedger Services and participation does not entitle to you to receive any Rewards except as determined in the sole discretion of the third parties that may provide such Rewards from time to time. To the extent that you are attributed any Rewards, such Rewards are not, and may never convert to, accrue to, be used to calculate, or become any other physical or virtual assets. Any such Rewards have no monetary value and do not constitute currency or property of any kind. Any Rewards are not redeemable or eligible for any fiat, currency, property, or other form of value. Rewards may not be transferred between users and users are not permitted to sell, transfer, loan, rent, lease, trade, or exchange Rewards, or rely on Rewards to obtain credit or set-off or pay-down any amount. OpenLedger does not make any representation or warranty of any kind, whether express or implied, statutory or otherwise as to the availability, quantum, nature, or utility of any such Rewards.

7.5. Disclaimer re: Digital Wallets

If you provide information relating to your digital wallet on through, or in connection with the OpenLedger Services or any linked or related website that permits the payment, acquisition, or transfer of any type of currency or other assets, you understand and agree that you are solely responsible and liable for maintaining the security of your digital wallet and your control over your passwords, private keys, seed phrases, or other credentials relating to the access and use of your digital wallet. We are not responsible or liable for managing or maintaining the security of your digital wallet or for any unauthorized access to or use of your digital wallet, including but not limited to any loss of any assets or currency in such digital wallet. You acknowledge and agree that you understand that unauthorized access to your digital wallet by third parties could result in the loss or theft of the contents of your wallet and that we have no responsibility or liability for storing, retaining, securing, or recovering your digital wallet, access to your digital wallet, or the contents of your digital wallet, including any passwords, private keys, seed phrases, or other credentials. By providing or using any digital wallet in connection with the OpenLedger Services or any linked or related website, you agree that you are using the digital wallet under the terms and conditions of the applicable provider of the digital wallet. No digital wallet is created, operated, or maintained by OpenLedger or affiliated with OpenLedger. As a result, OpenLedger does not have custody or control over the contents of your digital wallet and have no ability to retrieve or transfer its contents. Your relationship with any digital wallet provider is governed by the applicable terms and conditions of that wallet provider, not these Terms.

7.6 Disclaimer re Blockchain Technologies

The OpenLedger Services may also reference or provide links to applications or applications related to smart contracts, protocols, and other blockchain technologies (collectively, “Blockchain Technologies”). The Blockchain Technologies are not part of the OpenLedger Services and your access to and use of any Blockchain Technologies is entirely at your own risk. In addition, any third party technologies required to be accessed or used in order to interact with the Blockchain Technologies, including any digital wallet, are not part of the OpenLedger Services and your access to and use of such third party technologies are at your own risk.

8. Assumption of Risk; Responsibilities

All users are responsible for their (a) access, use, and download of the OpenLedger Services, participation and use of any other OpenLedger Property; and (b) access, use, and interaction with any third party services, products, or technologies, including your compliance with all applicable laws in connection with the foregoing. You access to and use of the OpenLedger Services, participation in the OpenLedger Ecosystem and use of any other OpenLedger Property is purely voluntary, and you freely accept all risks and liabilities associated with the foregoing.

9. Investigations; Enforcement

You acknowledge and agree that we reserve the right to:

take any necessary legal action, including but not limited to, referral to law enforcement, for any illegal or unauthorized use of the OpenLedger Services, OpenLedger Ecosystem , or any other OpenLedger Property;

cooperate fully with any law enforcement authorities or court order requesting or directing us to disclose the identity or other information of anyone using the OpenLedger Services or OpenLedger Ecosystem .

You waive and release OpenLedger and its affiliates from and against any and all claims resulting from any action taken by OpenLedger or its affiliates during, or as a consequence of, investigations by any governmental authority.

10. Limitation of Liability

The limitations of liability in this Section 10 do not affect any liability that cannot be excluded or limited under applicable law. This applies regardless of whether the claim is based on contract, tort, or any other legal theory, even if we were advised or had the knowledge of the possibility of such damages.

10.1. Exclusion of Damages

In no event will OpenLedger or its affiliates be liable for any indirect, special, incidental, exemplary, punitive, or consequential damages (including, loss of profits, use, data, or other economic advantage) arising under, in connection with, or related to (a) these Terms; (b) the operation or provision of the OpenLedger Services or any other OpenLedger Property; (c) your access to or use of the OpenLedger Services, or any other OpenLedger Property; or (d) your participation in the OpenLedger Ecosystem, howsoever arising, either of a breach of these Terms (including breach of warranty), negligence, strict liability, tort, or any other theory of liability, even if OpenLedger or its affiliates have been previously advised of the possibility of such damage.

10.2. Limitation on Quantum of Liability for Direct Damages

The total aggregate liability of the OpenLedger and its affiliates for direct damages arising under, in connection with, or related to (a) these Terms; (b) the operation or provision of the OpenLedger Services or any other OpenLedger Property; (c) your access to or use of the OpenLedger Services, or any other OpenLedger Property; or (d) your participation in the , will be limited to $10.

10.3. You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the Services will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our Services for any reconstruction of any lost data.

11. Indemnification

You agree to indemnify, defend, and hold harmless OpenLedger, its affiliates, and their respective directors, officers, shareholders, employees, staff, representatives, agents, licensors, licensees, successors, and assigns (the “OpenLedger Indemnified Parties”) from and against any and all claims, demands, damages, judgments, penalties, fines, costs, and expenses, including legal fees, and disbursements, incurred by the OpenLedger. Indemnified Parties (or any of them), relating to, arising from, or in connection with a third party claim, demand, action, or proceeding arising out of (a) an allegation that your unauthorized use of any of the OpenLedger Property infringes, misappropriates, or otherwise violates any third party’s rights or is otherwise unlawful; (b) your breach of these Terms, including, any representation, warranty, covenant, or obligation in these Terms; (c) your negligence, fraud, or willful misconduct; (d) your use of the OpenLedger Property in a manner that is not authorized by these Terms; (e) your use of the OpenLedger Property in combination with data, software, hardware, equipment or technology not provided by OpenLedger or authorized by OpenLedger in writing; or (f) any modifications made by you to any OpenLedger Property that have not been authorized by OpenLedger in writing.

12. Suspension; Termination

OpenLedger may, at any time and from time to time, without notice, suspend or terminate your access or right to access or use the OpenLedger Services, or to otherwise access or use any OpenLedger Property, if OpenLedger determines, in its sole discretion, that you have violated or otherwise breached these Terms.

A suspension may be for such period of time as OpenLedger considers necessary to permit the thorough investigation of the conduct at issue. You agree that, upon the suspension or termination of your access to or use of the OpenLedger Services, you will immediately cease and desist from all access to and use of the OpenLedger Service and access to or use of the OpenLedger Property, including in accordance with the written directions of OpenLedger.

13. Linked Resources

OpenLedger may provide links to third party websites, webpages, social channels, and other online resources for your convenience only, including links to third party websites for the purpose of connecting you with third parties who may offer Rewards in connection with your use of the OpenLedger Services. OpenLedger is not responsible for those websites and the inclusion of these links does not imply that OpenLedger either monitors or endorses them. Please be aware that these third party websites, webpages, social channels, and other online resources are governed by separate terms and conditions and privacy policies. We encourage you to be aware when you click these links. Your use of these third party websites, webpages, social channels, and other online resources is at your own risk. OpenLedger is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to have been caused by or in connection with the use of or reliance upon any information, content, goods, or services available on or through any third party websites, webpages, social channels, or other linked resources.

14. Changes to these Terms

You acknowledge and agree that we may make changes to these Terms from time to time, for any reason, in our sole and absolute discretion. The most recent version of these Terms will be posted at https://www.openledger.xyz/terms-conditions.htmlIf the changes that we make include material changes that affect your rights and obligations, we will take reasonable steps to notify you of the changes in advance. Your continued use of the OpenLedger Property after we post and/or notify you of any changes to the Terms means that you accept and agree to be bound by the Terms as amended.

15. Governing Law; Dispute Resolution

Subject to the below, in relation to any dispute, controversy, or claim arising out of, relating to or in connection with these Terms, including with respect to the formation, applicability, breach, failure to pay, termination, validity, or enforceability thereof (each, a “Dispute”), each party irrevocably submits to the exclusive jurisdiction of the courts of the British Virgin Islands and waives any objection to such Dispute being heard in such courts on the grounds of venue or on the grounds that the Dispute has been brought in an inconvenient forum.

Notwithstanding any other provision of these Terms, you agree that we have the right to apply for injunctive remedies (or an equivalent type of urgent legal relief) in any jurisdiction.

These Terms (and any Dispute arising under or in connection with these Terms) shall be governed by and construed in accordance with, in all respects including as to its validity, interpretation and effect, the laws of the British Virgin Islands, without giving effect to its principles or rules of conflict of laws to the extent such principles or rules are not mandatorily applicable by statute and would permit or require the application of the laws of another jurisdiction.

16. Waiver of Class Actions and Arbitrations

Any Dispute is personal to you and us and you agree that no Dispute will be brought as a class action, class arbitration or any other type of representative proceeding.

17. Limitation on Time to Commence Disputes

To the extent permitted by applicable law, you acknowledge and agree that any Dispute that you may have arising out of or relating to (a) these Terms; (b) the operation or provision of the OpenLedger Services, or any other OpenLedger Property; or (c) your access to or use of the OpenLedger Services, OpenLedger Ecosystem, or any other OpenLedger Property or your participation , must be commenced within one year after the date that is the earlier of: (i) the date you discovered the Dispute; or (ii) the day on which a reasonable person with the abilities in the circumstances of the person with the Dispute first ought to have known of the Dispute.

18. Entire Agreement

These Terms and to any separate written agreement between you and OpenLedger, constitute the entire agreement between you and OpenLedger with respect to the subject matter of these Terms. There are no representations, covenants, or other terms other than those set out under these Terms. These Terms supersede any previous discussions, understandings, or agreements, between the parties relating to the subject matter of these Terms.

19. No Waiver

No waiver of satisfaction of a condition or non-performance of an obligation under these Terms is effective unless it is in writing and signed by the party granting the waiver or that party’s authorized representative. Unless expressly granted in writing and signed by the party granting the waiver or that party’s authorized representative, no waiver will extend to any subsequent non-satisfaction of a condition or non-performance of an obligation under these Terms, whether or not of the same or similar nature to that which was waived. No waiver will affect the exercise of any other rights or remedies under these Terms. Any failure or delay in exercising any right or remedy will not constitute, or be deemed to constitute, a waiver of that right or remedy. No single or partial exercise of any right or remedy will affect further exercise of any right or remedy.

20. Severability

If any provision of these Terms is found to be unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from these Terms and will not affect the validity and enforceability of any remaining provisions.

21. Assignment

You may not assign, transfer, sublicense, or convey these Terms, including any rights granted by OpenLedger and obligations assumed by you, except with OpenLedger’s prior written consent. We may assign, transfer, sublicense, or convey these Terms, and our rights and obligations under them, to any third party without notice to you.

22. Contact Information

If you have any questions, concerns or suggestions regarding the Services, Content, or these Terms, please contact us at Support@openledger.xyz