About - Conditions

Overview

We know that Conditions can be long and confusing, so we will do our best to keep things as clear and concise as possible. This section provides a brief summary of the highlights of this Agreement. Please note that when you accept this Agreement, you are accepting all the terms and conditions and not just this section. Wallet provides self-hosted wallet services for many blockchains. By creating or importing a wallet you are agreeing to our Conditions, so please read carefully. These conditions outline approved uses of Pecunia Wallet, various licenses that we grant to you, and licenses that you grant us. If you do not agree to this Agreement or any modifications to this Agreement, you should not use our Services

How you accept this policy

By creating or importing a locally hosted wallet (a “Wallet”), or visiting our website, you acknowledge that you have read, understood, and agreed to these Conditions, as well as the accompanying Privacy Policy We reserve the right to change these Conditions at any time. Any such changes with respect to your use of Pecunia Wallet will take effect immediately when posted on our website or on our mobile application. Your continued use of Pecunia Wallet following any such change will signify your acceptance to be bound by the then current Conditions. Please check the effective date above to determine if there have been any changes since you have last reviewed these Conditions. If you do not agree to this Agreement or any modifications to this Agreement, you should not use Pecunia Wallet. Failure or delay by Pecunia Wallet in enforcing or partially enforcing any provision of these Conditions shall not be construed as a waiver of any rights.

Eligibility

To be eligible to use Pecunia Wallet, you must be at least eighteen (18) years old and be able to form legally binding contracts. If you are using our Services on behalf of a legal entity, you further represent and warrant that: (a) the legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; and (b) you are duly authorized by such legal entity to act on its behalf. You can only use our Services if permitted under the laws of your jurisdiction. Please make sure that these Conditions are in compliance with all laws, rules, and regulations that apply to you. By using Pecunia Wallet, you represent and warrant that you meet all eligibility requirements that we outline in these Conditions. We may still refuse to let certain people access or use Pecunia, however, and we reserve the right to change our eligibility criteria at any time.

The blockchain services

Pecunia Wallet is software that generates Wallet addresses and encrypted private keys that you may use to send and receive related cryptographically secured tokens (the “Virtual Currency”); allows users to browse third party decentralized applications (“Coin” or “DApp”); and facilitates the submission of Virtual Currency transaction data to Ethereum-based blockchains (the “Ethereum Networks”) without requiring you to download or install the associated Ethereum-based software to your local device.

Wallet Address, Private Key, and Backup Capabilities

An encrypted backup of certain information associated with the Wallet can be stored on your device in Keystore JSON format. The private key is connected to the Wallet address and, together, they can be used to authorize the transfer of Virtual Currency to and from that Wallet address. You are solely responsible for maintaining the security of your private key and any mnemonic (backup) phrase associated with your Wallet. You must keep your Wallet address, mnemonic (backup) phrase, and private key access information secure. Failure to do so may result in the loss of control of Virtual Currency associated with the Wallet.

Pecunia Wallet Cannot Assist With Passphrase Retrieval

Pecunia Wallet stores your Wallet address but does not receive or store your Wallet passphrase, encrypted private key, unencrypted private key, or mnemonic (backup) phrase associated with your Wallet. We cannot, therefore, assist you with Wallet passphrase retrieval. We cannot generate a new passphrase for your Wallet if you fail to remember your original passphrase. If you have not safely stored a backup of any Wallet address and private key pairs maintained in your Wallet, you accept and acknowledge that any Virtual Currency you have associated with such a Wallet address will become inaccessible if you do not have your Wallet passphrase.

Virtual Currency Transactions

In order to be completed, all proposed Virtual Currency transactions must be confirmed and recorded in the Virtual Currency’s associated public blockchain. Such networks are decentralized, peer-to-peer networks supported by independent third parties, which we do not own, control, or operate. We have no control over the Crypto Networks and, therefore, cannot and do not ensure that any transaction details that you submit via our Services will be confirmed and processed. By using Pecunia Wallet, you acknowledge and agree that the transaction details you submit may not be completed, or may be substantially delayed, by the Networks.

Pecunia Wallet Does Not Store or Transmit Virtual Currency

We do not store, send, or receive Virtual Currency. Any transfer that occurs in any Virtual Currency occurs on the blockchains and not on a network owned by us. We therefore do not guarantee that Pecunia Wallet can affect the transfer of title or right in any Virtual Currency.

Accuracy of Information Provided by User

You represent and warrant that any information you provide via the Services is accurate and complete. You accept and acknowledge that we are not responsible for any errors or omissions that you make in connection with any Virtual Currency transaction initiated via the Services. We strongly encourage you to review your transaction details carefully before attempting to transfer a Virtual Currency.

Wallet registration and account information

You must either import or create a Wallet in order to use Pecunia Wallet. When you create a Wallet, you will be assigned a private key. You will be prompted to download and save a passphrase – your private key encrypted with a passphrase. You will be responsible for maintaining the confidentiality of your private key and keystore, and will be fully responsible for any and all activities that occur under your account.

Transactions

Once transaction details have been submitted via the Services, we cannot assist you to cancel or otherwise modify your transaction. Pecunia Wallet has no control over any blockchain and does not have the ability to facilitate any cancellation or modification requests. You must ensure that you have an adequate balance in your Wallet and/or gas to complete transactions before initiating a transaction. You acknowledge and agree that we will not be liable for any failed transactions due to insufficient funds or gas associated with your Pecunia Wallet account.

Taxes

It is your responsibility to determine what, if any, taxes apply to the transactions that you have submitted transaction details for via the Services, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that we are not responsible for determining whether taxes apply to your blockchain transactions or for collecting, reporting, withholding, or remitting any taxes arising from any Virtual Currency-related transactions.

Don’t Try to Harm Our System

You agree not to distribute any virus or other harmful computer code through Pecunia Wallet. You also agree to not take any action that may impose an unreasonable or disproportionately large load on our or any of our third party providers’ infrastructure. Don’t Attempt to Circumvent Our Security. You agree not to bypass, circumvent, or attempt to bypass or circumvent any measures that we may use to prevent or restrict access to the Services including, without limitation, other accounts, computer systems, or networks connected to the Services. Any use of Pecunia Wallet other than as specifically authorized in this Agreement, without our prior written permission, is strictly prohibited and will terminate your license to use Pecunia Wallet.

Limitation of liability & disclaimer of warranties

You understand and agree that we have no control over, and no duty to take any action regarding: Failures, disruptions, errors, or delays in processing Virtual Currency that you may experience while using the Services; The risk of failure of hardware, software, and Internet connections; The risk of malicious software being introduced or found in the software underlying Pecunia Wallet; The risk that third parties may obtain unauthorized access to information stored within your Wallet, including, but not limited to your Wallet address, private key, and mnemonic (backup) phrase; and The risk of unknown vulnerabilities in or unanticipated changes to the Ethereum Networks. You release us from all liability related to any losses, damages, or claims arising from: (a) user error such as forgotten passphrases, incorrectly constructed transactions, or mistyped Virtual Currency addresses; (b) server failure or data loss; (c) unauthorized access to the Pecunia application; (d) bugs or other errors in the Pecunia Wallet software; and (e) any unauthorized third party activities, including, but not limited to, the use of viruses, phishing, brute forcing, or other means of attack against Pecunia Wallet. We make no representations concerning any Third Party Content contained in or accessed through our Services. Any other terms, conditions, warranties, or representations associated with such content, are solely between you and such organizations and/or individuals.

Time limitation on claims

You agree that any claim you may have arising out of or related to your relationship with us must be filed within one year after such claim arises, otherwise, your claim is permanently barred.

Force majeure

We shall not be held liable for any delays, failure in performance, or interruptions of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to: any delay or failure due to any act of God, act of civil or military authorities, act of terrorism, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe, or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions