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Terms of Service

Please read these terms of service (“Terms”) carefully. These Terms are between you and Hectagon Foundation (“Hectagon,” “we,” “us,” or “our”) concerning your use of Hectagon’s site, currently located at Hectagon.finance (the “Site”) which acts as a front-end to the Hectagon protocol. These Terms apply to you (“you,” or “User”) as a user of the Site and Hectagon front-end, including all the products, services, tools and information made available on the Site.
By using the Site, you agree to these Terms.

Terms and execution

None of the information, services or materials offered on our site constitute, and are not intended to constitute, legal, financial, tax, investment or other advice, and you should not act or refrain from acting based on any information, services or materials provided on this site. You are strongly urged to consult with your own legal, financial, tax, investment and other advisors as to all legal, financial, tax and investment-related questions you have.
As long as you use all or any part of Hectagon Service, it will immediately constitute acceptance and create an enforceable agreement under which you agree to be bound by all of these Terms even if you have not carefully read through these Terms before using the service. If you do not agree to all or any part of these Terms, you shall immediately stop using our service.
Hectagon reserve the right, at our sole discretion, to amend these Terms in whole or in part from time to time as needed, and announce the same on the website, without any individual notice to you. The amended Terms shall come into effect immediately and automatically upon being announced on the website. Continued use of Hectagon Service, you shall be deemed as having accepted the amended Terms.

Access to the Site

Access to the Site is provided “AS IS” and “as available” basis only. There is no guarantee that the Site, or any content on it, will always be free of bugs or virus, available or uninterrupted. From time to time, access may be interrupted, suspended or restricted, including because of a fault, error or unforeseen circumstances. We reserve the right to limit the availability of the Site to any person, geographic area or jurisdiction we so desire and/or to terminate your access to and use of the site, at any time and in our sole and absolute discretion. We may remove or amend the content of the Site at any time. However, some of the content may be out of date at any given time and we are under no obligation to update it. We do not guarantee that the Site, or any content on it, will be free from errors or omissions. We will not be liable to you for any loss or damage you may suffer as a result of the Site being unavailable at any time for any reason.

Users’ obligations

In order to use Hectagon service, you shall be compliance with all requirements of applicable laws, regulatory documents and our Terms and you shall not be in violation of public interests, public ethnic. You hereby undertake that you will solely take all responsibility for your funds which shall come from a legitimate source and will not be used for any money laundering, economic and trade sanction evasion, terrorist financing purposes.
  1. 1.
    Eligibility
    • You must be able to form a legally binding contract online either as an individual or on behalf of a legal entity. You represent that as a User, you have the legal authority to bind the company or other legal entity on which behalf you are acting to these Terms, you are at least 18 years old or the age of majority where you reside, whichever is older, you can form a legally binding contract online, and you have the full, right, power and authority to enter into and to comply with the obligations under these Terms on your own behalf, or on behalf of the company or other legal entity on which behalf you are acting.
    • You are not “Prohibited Person” which means any person or entity that: (a) is on any trade or economic sanction lists such as Specially Designated National by OFAC, UN Security Council Sanctions list,... or (b) is located in, or a citizen or resident of the United States or Ontario (Canada), (c) is located in, or a citizen or resident of any state, country, territory or other jurisdiction: (i) that is embargoed by the UN (ii) where use of cryptocurrency would be illegal or otherwise violate any Applicable Law.
    • Your Hectagon profile does not constitute an investment contract or a security, is not transferable or sold to any third party under any circumstances.
  2. 2.
    Prohibition
    As a condition to accessing or using the Site, you will not:
    • Violate any applicable law, including, without limitation, any relevant and applicable anti-money laundering and anti-terrorist financing laws and any relevant and applicable privacy and data collection laws, in each case as may be amended;
    • Infringe on or misappropriate any contract, intellectual property or other third-party right, while using the Site;
    • Misrepresent the truthfulness, sourcing or reliability of any content on the Site;
    • Attempt to circumvent any content filtering techniques or security measures that Hectagon employs on the Site, or attempt to access any service or area of the Site that you are not authorized to access;
    • Introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Site;
    • Post content or communications on the Site that are, in our sole and absolute discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive or otherwise objectionable;
    • Post content on the Site containing unsolicited promotions, commercial messages or any chain messages or user content designed to deceive or trick the user of the Site; or
    • Encourage or induce any third party to engage in any of the activities prohibited under these Terms

Termination of Use

You agree that we may, at our sole and absolute discretion, suspend, disable or terminate your access to all or part of the Site with or without notice and for any reason, including, without limitation, breach of these Terms. Any suspected illegal, fraudulent or abusive activity may be grounds for terminating your access to all or part of the Site and relationship with us, and may be referred to appropriate law enforcement authorities. Upon suspension, disabling or termination, your right to use the Site will immediately cease, and we reserve the right to remove or delete any information that you may have on file with us, including any account or login information.
The Site may contain hyperlinks or references to third party websites. Any such hyperlinks or references are provided for your information and convenience only. We have no control over third party websites and accept no legal responsibility for any content, material or information contained in them. The display of any hyperlink and reference to any third-party website does not mean that we endorse that third party's website, products or services. Your use of a third-party site may be governed by the terms and conditions of that third-party site.

Intellectual Property Rights

We are the owner of all intellectual property rights in the Site and the material published on them. Hectagon.finance is the uniform resource locator (“URL”) of Hectagon. You will not make use of this URL on any other website or digital platform without our prior written consent. You agree not to monitor, use or copy our web pages without our prior consent. Any unauthorized use or reproduction may be prosecuted. You will retain ownership of all copyright in data you upload or submit to the Site. You grant us a worldwide, royalty-free, irrevocable license to use, copy, distribute or publish and send this data in any manner.

Disclaimers; Limitations of Liability

DISCLAIMER AND NOTES: for the avoidance of any doubt, HECTAGON including but not limited to the overall project, the website, all its under development software including any future smart contracts and web and/or mobile apps (“HECTAGON Platform”) as presented in this conceptual paper is a pure online decentralized software platform and it is not (not it is required to be) an active licensed or regulated or exempted financial, payment or digital asset service or VASP of any kind and in any jurisdiction. Any terminology used in this document, or on the website is intended only as a basic reference, without any effective or legal meaning of the same terms in a financial environment, and/or any other regulated framework. The HECTAGON token (HECTA) is a strictly utility token in any jurisdiction and is not and can not be considered as a security or otherwise a regulated token of any kind, is not in any way e-money and/or a fiat or asset backed stablecoin, whether global or limited in scope. This document taken by itself is not, nor it can be construed as a contract, an investment contract or a contractual agreement of any kind, it is not a prospectus, term sheet, an invitation or offer to invest in HECTAGON, in any of its supported projects or in any directly or indirectly connected company or entity or acquire or use its token in any way with any expectation of future profit. Any user of the HECTAGON website and reader of this document expressly declares to have received appropriate technical, administrative and legal advice before and after reading this document and the website’s content and accepts that there is an inherent high risk in acquiring or using any kind of blockchain and/or crypto or digital token, platform, software or interface and acknowledges with full disclaimer for any of the persons or entities mentioned within this document or in any way directly or indirectly connected to the HECTAGON project, that there can be any kind of damage suffered, including total loss.
DISCLAIMER AND NOTES: for the avoidance of any doubt, HECTAGON including but not limited to the overall project, the website, all its under development software including any future smart contracts and web and/or mobile apps (“HECTAGON Platform”) as presented in this conceptual paper is a pure online decentralized software platform and it is not (not it is required to be) an active licensed or regulated or exempted financial, payment or digital asset service or VASP of any kind and in any jurisdiction. Any terminology used in this document, or on the website is intended only as a basic reference, without any effective or legal meaning of the same terms in a financial environment, and/or any other regulated framework. The HECTAGON token (HECTA) is a strictly utility token in any jurisdiction and is not and can not be considered as a security or otherwise a regulated token of any kind, is not in any way e-money and/or a fiat or asset backed stablecoin, whether global or limited in scope. This document taken by itself is not, nor it can be construed as a contract, an investment contract or a contractual agreement of any kind, it is not a prospectus, term sheet, an invitation or offer to invest in HECTAGON, in any of its supported projects or in any directly or indirectly connected company or entity or acquire or use its token in any way with any expectation of future profit. Any user of the HECTAGON website and reader of this document expressly declares to have received appropriate technical, administrative and legal advice before and after reading this document and the website’s content and accepts that there is an inherent high risk in acquiring or using any kind of blockchain and/or crypto or digital token, platform, software or interface and acknowledges with full disclaimer for any of the persons or entities mentioned within this document or in any way directly or indirectly connected to the HECTAGON project, that there can be any kind of damage suffered, including total loss.
Hectagon is not a financial institution or a fund management organization. Hectagon has no control over or holds any of your digital assets.
All transactions initiated through our service are facilitated and run by third-party electronic wallet extensions, and by using our services you agree that you are governed by the terms of service and privacy policy for the applicable extensions.
Hectagon is not a financial institution or a fund management organization. Hectagon has no control over or holds any of your digital asset.
All transactions initiated through our service are facilitated and run by third-party electronic wallet extensions, and by using our services you agree that you are governed by the terms of service and privacy policy for the applicable extensions.
You expressly release Hectagon team, officers, employees, and agents, service providers from, and hold them harmless from and against, any and all liability, claims, causes of action, losses, expenses, or damages (whether arising in law or equity, including but not limited to special, consequential, indirect, punitive and exemplary damages, and including but not limited to economic loss, business disruption, and/or attorney’s fees) arising from or in any way related to the Site, You expressly waive all such claims against the Releasees.
If any clause or part of any clause of these Terms is found to be void, unenforceable or invalid, then it will be severed from these Terms, leaving the remainder in full force and effect, provided that the severance has not altered the basic nature of these Terms.
No single or partial exercise, or failure or delay in exercising any right, power or remedy by us shall constitute a waiver by us of, or impair or preclude any further exercise of, that or any right, power or remedy arising under these terms and conditions or otherwise.
If any of the provisions in these Terms are found to be illegal, invalid or unenforceable by any court of competent jurisdiction, the remainder shall continue in full force and effect.
Hectagon shall not be liable for any unforeseeable event beyond its reasonable control not caused by its fault or negligence (each, a “force majeure event”), which causes Hectagon to be unable to perform its obligations under these Terms, and which it has been unable to overcome by the exercise of its due diligence, provided that Hectagon shall use reasonable efforts to avoid or remove such causes of nonperformance, shall suspend performance only for such period of time as is necessary as a result of such force majeure event and shall resume performance as quickly as reasonably possible.
All disclaimers, indemnities and exclusions in these Terms shall survive termination of the Terms and shall continue to apply during any suspension or any period during which the Site is not available for you to use for any reason whatsoever. These Terms and the documents referred to in them set out the entire agreement between you and us with respect to your use of the Site, Hectagon and the services provided via the Site and supersede any and all prior or contemporaneous representations, communications or agreements (written or oral) made between you or us.

Contacting Us

Should you have any question about these Terms, or wish to contact us for any reason whatsoever, please do so by sending us an email at [email protected].