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Terms and Conditions

The rules, guidelines and legal obligations that govern your use of our services, and the risks you accept when using the platform.

Last modified 28 August 2025 · Effective 1 January 2024

01Foreword

Welcome to the Terms and Conditions document. This document is incredibly important for all users as it outlines the rules, guidelines, and legal obligations that govern your use of our services. By clearly explaining your rights and responsibilities, it helps ensure a safe, fair, and transparent experience for everyone.

Reading and understanding this document is crucial because it provides you with essential information about how our services operate, what you can expect from us, and what we expect from you. We encourage you to review these terms carefully to fully understand the conditions under which you can use our platform.

We also strongly recommend to use the professional legal and financial advising services before starting using the platform and all the benefits related to the Orobit service, as all the actions can have a specific set of risks due to the crypto asset nature.

02Opening warnings

As a condition to accessing or using the Services or the Site, you represent and warrant to Orobit (hereinafter referred to as “we,” “us,” “our”, or “Orobit”) while using the Orobit service the following:

  • If you are entering into these Terms and Conditions (hereinafter referred to as the “Terms” or “Terms of Use” or “Terms of Service”) as an individual, then you are of legal age in the jurisdiction in which you reside and you have the legal capacity to enter into these Terms and be bound by them;
  • If you are entering into these Terms as an entity, then you must have the legal authority to accept these Terms on that entity’s behalf, in which case “you” (except as used in this paragraph) will mean that entity;
  • If you are entering into these Terms to access Orobit or will in the future access Orobit Website, Applications and/or Software, you are not a resident, national, or agent of Antigua and Barbuda, Afghanistan, Algeria, Bangladesh, Bolivia, Belarus, Burundi, Burma (Myanmar), Cote D’Ivoire (Ivory Coast), Crimea and Sevastopol, China, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Liberia, Libya, Macedonia, Mali, Morocco, Nepal, North Korea, Pakistan, Somalia, Sudan, Syria, Venezuela, Vietnam, Yemen, Zimbabwe or any other country to which the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions (hereinafter collectively referred to as the “Restricted Territories”);
  • You are not a member of any sanctions list or equivalent maintained by the United States Government, the United Kingdom Government, the European Union, or the United Nations (hereinafter collectively referred to as the “Sanctions Lists Persons”) and you do intend to transact with any Restricted Person or Sanctions List Person;
  • You do not, and will not, use VPN software or any other privacy or anonymization tools or techniques to circumvent, or attempt to circumvent, any restrictions that apply to the Services;
  • The Services are focused on the global market (including US and EU markets) and reflecting the local jurisprudence (especially the mandatory norms for weaker contractual party protection). Although, you are being informed that the final decisions are up to you and as the one responsible for the actions, your behaviour is subject to the relevant jurisdiction limits;
  • Your access to the Services is not (a) prohibited by and does not otherwise violate or assist you to violate any domestic or foreign law, rule, statute, regulation, by-law, order, protocol, code, decree, or another directive, requirement, or guideline, published or in force that applies to or is otherwise intended to govern or regulate any person, property, transaction, activity, event or other matter, including any rule, order, judgment, directive or other requirement or guideline issued by any domestic or foreign federal, provincial or state, municipal, local or other governmental, regulatory, judicial or administrative authority having jurisdiction over Orobit, you, the Site or the Services, or as otherwise duly enacted, enforceable by law, the common law or equity (hereinafter collectively referred to as the “Applicable Laws”); or (b) contribute to or facilitate any illegal activity;
  • You are aware that none of the content of Orobit’s website, blogs, social media posts, or any digital or written content constitutes investment advice as the Orobit Reward and its usage are here for the consumer’s enjoyment only and the Orobit Reward is of utility nature. Please do your own research before starting using our Service.
  • You are aware of Disclaimers List and Warranties List existing within the Compliance Pack and their contents as this contents is crucial to read before starting using the Service.
  • You are aware of Privacy Policy existing within the Compliance Pack and their contents as this contents is crucial to read before starting using the Service.

03Acceptance of terms

  • The Orobit System and Software is an autonomous system of smart contracts on the public Blockchain (hereinafter referred to as the “Open Source Software”), that permits, among other things, the generation of Orobit Rewards, Orobit, and its associated SCL assets, that are available at Orobit and via other tools, which includes text, images, audio, code, and other materials (hereinafter collectively referred to as the “Content”) and all of the features, and services provided.
  • The Site, and any other features, tools, materials, the Open Source Software, or other services offered from time to time are referred to here as the “Service.”
  • Note however, that the Open Source Software is an experimental prototype and launched in the “alpha” state and its use involves a high degree of risk. There are numerous ways the Open Source Software and Service could fail in an unexpected way, resulting in the total and absolute loss of all of your funds.
  • By using or otherwise accessing the Service, or clicking to accept or agree to these Terms where that option is made available, you (1) accept and agree to these Terms and (2) any additional terms, rules and conditions of participation issued from time to time. If you do not agree to the Terms, then you may not access or use the Content or Service under the conditions set below.
  • Terms of Use. You acknowledge, within the Compliance Pack and the overall document battery you can find the terms of use for the Orobit Reward, wallet and all the Orobit services with the textual as well as visual guides of how to use it properly. You are aware of their existence when accepting the Terms.
  • Moreover, you acknowledge that Terms are applicable to the use of Orobit Reward mutatis mutandis as the nature and characteristics of Orobit Reward acquisitions through donations and its handling allow so for the consumer’s enjoyment.

04Alpha disclaimer

Any software provided by Orobit that is identified as being in alpha stage (hereinafter referred to as the “Alpha Software”) is considered experimental. The Client understands that the Alpha Software is still in the early stages of development and may contain bugs, errors, or other issues that could cause harm to the Client’s systems, data, or business operations. The Client assumes all risks associated with the use of the Alpha Software, and Orobit shall not be liable for any damages or losses incurred as a result of the use of such software, including any changes made to the code in subsequent stages of development.

05Modification, termination and suspension of terms

  • These Terms may be discretionarily modified or replaced at any time, unless stated otherwise herein. The most current version of these Terms will be posted on this Site. Any changes or modifications will be effective immediately upon posting the revisions to the Site.
  • You shall be responsible for reviewing and becoming familiar with any such modifications. You waive any right you may have to receive specific notice of such changes or modifications. Use of the Service by you after any modification to the Terms constitutes your acceptance of the Terms as modified. If you do not agree to the Terms in effect when you access or use the Service, you must stop using the Service.
  • All the updated information shall be visible to you and archived accordingly for the future use.
  • You waive any right you may have to receive specific notice of such changes or modifications. The following provisions of the Terms survive any termination of these Terms (among others): indemnity; warranty disclaimers; limitation on liability; our proprietary rights; links; termination; no third-party beneficiaries; binding arbitration and class action waiver; general information.

06Eligibility

  • You hereby represent and warrant that you are fully able and competent to enter into the terms, conditions, obligations, affirmations, representations and warranties set forth in these Terms and to abide by and comply with these Terms.
  • The Orobit System and Software is global and decentralized (no one controls the protocol) and by accessing the Content or Service, you are representing and warranting that, you are of the legal age of majority in your jurisdiction as is required to access such Service and Content and enter into arrangements as provided by the Service.
  • You further represent that you are otherwise legally permitted to use the service in your jurisdiction including owning cryptographic tokens of value, and interacting with the Service or Content in any way. You further represent that you are responsible for ensuring compliance with the laws of your jurisdiction and acknowledge that Orobit or any of the Orobit subdomains and Community members/users is not liable for your compliance with such laws. Finally, you represent and warrant that you will not use the Service for any illegal activity within the sense of relevant jurisdiction.

07Representations, warranties, and risks

No Representation or Warranty

You expressly understand and agree that your use of the Service is at your sole risk in the compliance with the Warranties List and Disclaimers List.

  • All persons, entities, agents, and Community members/users involved with the creation of the Orobit System and Software (hereinafter referred to as the “Orobit Community Members/Users”) make and expressly disclaim all representations and warranties, express, implied or statutory; and
  • With respect to the Orobit System and Software and Orobit Rewards, Orobit Community Members/Users and all related entities and agents specifically do not represent and warrant and expressly disclaim any representation or warranty, express, implied or statutory, including without limitation, any representations or warranties of title, non-infringement, merchantability, usage, security, suitability or fitness for any particular purpose, or as to the workmanship or technical coding thereof, or the absence of any defects therein, whether latent or patent. The Orobit Community Members/Users or any related entities or agents do not represent or warrant that the service and any related information are accurate, complete, reliable, current or error-free.

You expressly understand and agree that your use of the Service is at your sole risk. To the fullest extent permitted by law and notwithstanding any other provision of this agreement or any other agreement contemplated herein or applicable provisions of law or equity or otherwise, the parties hereto hereby agree to eliminate any and all fiduciary duties the Orobit Community Members/Users or any related entities and agents may have to the user, its affiliates, or the end users of the Service, the Site or its Content, provided that such exclusion or limitation of liability shall not extend to misappropriation of assets or funds of the users, its affiliates, or the end users of the Services, Site or Content provided by the Orobit Community Members/Users or any related entities and agents or other acts or omissions that constitute a bad faith violation of the implied contractual covenant of good faith and fair dealing.

Sophistication and Risk of Cryptographic Systems

By utilizing the Service or interacting with the Content in any way, you represent that you understand the inherent risks associated with cryptographic systems; and warrant that you have an understanding of the usage and intricacies of native cryptographic tokens, like Ether (ETH), Polygon (Matic), BNB (Binance Coin), Fantom (FTM), Bitcoin (BTC), among others, smart contract based tokens such as those that follow the Ethereum Token Standard, and blockchain-based public software systems. None of the Orobit Community members/users own or control any of the underlying software through which blockchain networks are formed. In general, the underlying software for blockchain networks tends to be open source such that anyone can use, copy, modify, and distribute it without express permission. By using the Service, you acknowledge and agree that:

  • Orobit Community Members/Users or related entities are not responsible for operation of the underlying software and networks that there exists no guarantee of functionality, security, or availability of such software and networks; and that the underlying protocols are subject to sudden changes in operating rules (known as “Forks”), and that such Forks may materially affect the Orobit System and Software. It might be discretionarily decided not to support (or cease supporting) the Forked network entirely;

You acknowledge and agree that Orobit Community Members/Users assume absolutely no responsibility whatsoever in respect of any underlying software protocols, whether Forked or not.

Risk of Regulatory Actions in One or More Jurisdictions

The Orobit System and Software, Orobit Enterprise and Orobit’s blockchain could be impacted by one or more regulatory inquiries or regulatory action, which could impede or limit the ability of Orobit Community members/users to continue to develop, or which could impede or limit your ability to access or use the Service or Orobit’s blockchain, including access to your funds. Be aware you are responsible for your decisions and the legal consequences of your actions. Therefore, legal advising before taking any of the actions is strongly recommended.

Risk of Weaknesses or Exploits in the Field of Cryptography

You acknowledge and understand that Cryptography is a progressing field. Advances in code cracking or technical advances such as the development of quantum computers may present risks to cryptocurrencies and Service or Content, which could result in the theft or loss of your cryptographic tokens or property. To the extent possible, it is intended to update the protocol underlying the Service to account for any advances in cryptography and to incorporate additional security measures, but does not guarantee or otherwise represent full security of the system. By using the Service or accessing Content, you acknowledge these inherent risks.

Volatility of Cryptocurrency

You understand that Orobit and other blockchain technologies and associated cryptocurrencies or tokens are highly volatile due to many factors including but not limited to adoption, speculation, technology and security risks. You also acknowledge that the cost of transacting on such technologies is variable and may increase at any time causing impact to any activities taking place on the Orobit blockchain. You acknowledge these risks and represent that Orobit Community members/users or any related entity or person cannot be held liable for such fluctuations or increased costs.

Application Security

You acknowledge that the Orobit System and Software is subject to flaws and acknowledge that you are solely responsible for evaluating any code provided by the Services or Content. This warning and others later provided by Orobit Community members/users in no way evidence or represent an on-going duty to alert you to all of the potential risks of utilizing the Service or Content.

Website Accuracy

Although it is intended to provide accurate and timely information on the Site and other tools making up the Orobit System and Software, the Site (including, without limitation, the Content) or relevant tools may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. In an effort to continue to provide you with as complete and accurate information as possible, information may be changed or updated from time to time without notice, including without limitation information regarding our policies. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Site or relevant tools are your sole responsibility and Orobit Community members/users shall have no liability for such decisions. Links to third-party materials (including without limitation websites) may be provided as a convenience but are not controlled by any entity. You acknowledge and agree that we are not responsible for any aspect of the information, content, or services contained in any third-party materials or on any third party sites accessible or linked to the Site or available via other relevant tools.

Technical Knowledge

Any use or interaction with the Orobit System and Software requires a comprehensive understanding of applied cryptography and computer science in order to appreciate inherent risks, including those listed above. You represent and warrant that you possess relevant knowledge and skills.

Orobit Reward Risks and Valuation

Orobit reserves the right to the re-issuance of its Orobit Reward as and when Orobit deems fit and appropriate. Orobit Rewards represent, by its nature, a high degree of risk and carry the possibility of manipulation and could potentially be compromised in multiple different formats, while we do our absolute best to mitigate against this risk, the customer identifies and accepts the high risk concern that the Orobit Reward/s possess. Orobit reserves the full right to re-issue the Orobit Reward/s in the event of a material breach. Orobit does not by any means, form or capacity, facilitate any manner of a secondary market and does not provide any ability on its platform or services to the use and capability of a secondary market. Orobit does not recognise any secondary market and does not recognise the right or valuation of any of its Orobit Reward/s represented or facilitated on any secondary market. Orobit indemnifies itself from any association to or of any secondary markets.

Orobit Reward Nature

Even though there is this secondary benefit of potential investment valorization, the Orobit Reward is fully of utility nature and does not represent the security in any sense of understanding. You are recommended to be provided with your own financial advising as any monetary means put into crypto assets can be of high risks. If any additional argumentation is needed for the Orobit Reward nature explanation, all the documentation is available from the Compliance Pack or on request. All the information stated within are for the individual and internal use only as they present valuable know-how and business secrets of Orobit.

08Indemnity

  • You agree to release and to indemnify, defend and hold harmless Orobit Community Members/Users and any related entities, as well as the officers, directors, employees, shareholders and representatives of any of the foregoing entities, from and against any and all losses, liabilities, expenses, damages, costs (including attorneys’ fees, fees or penalties imposed by any regulatory authority and court costs) claims or actions of any kind whatsoever arising or resulting from your use of the Service, your violation of these Terms of Use, your violation of any law, rule, or regulation, or the rights of any third party, and any of your acts or omissions that implicate publicity rights, defamation or invasion of privacy.
  • Each of the Orobit Community members/users reserve the right, at its own expense, to assume exclusive defense and control of any matter otherwise subject to indemnification by you and, in such case, you agree to cooperate with Orobit Community members/users in the defense of such matter.

09Limitation of liability

  • You acknowledge and agree that you assume full responsibility for your use of the Site and Service.
  • You acknowledge and agree that any information you send or receive during your use of the Site and Service may not be secure and may be intercepted or later acquired by unauthorized parties.
  • You acknowledge and agree that your use of the Site and Service is at your own risk. Recognising such, you understand and agree that, to the fullest extent permitted by applicable law, neither Orobit Community Members/Users nor any related entities, Suppliers or Licensors will be liable to you for any direct, indirect, incidental, special, consequential, punitive, exemplary or other damages of any kind, including without limitation damages for loss or any other damages based on contract, tort, strict liability or any other theory (even if any of the Orobit Community Members/Users or related entities had been advised of the possibility of such damages), resulting from the Site or Service; the use or the inability to use the Site or Service; unauthorised access to or alteration of your transmissions or data; statements or conduct of any third party on the Site or Service; any actions we take or fail to take as a result of communications you send to us; human errors; technical malfunctions; failures, including public utility or telephone outages; omissions, interruptions, latency, deletions or defects of any device or network, providers, or software (including, but not limited to, those that do not permit participation in the Service); any injury or damage to computer equipment; inability to fully access the Site or Service or any other website; theft, tampering, destruction, or unauthorised access to, images or other content of any kind; data that is processed late or incorrectly or is incomplete or lost; typographical, printing or other errors, or any combination thereof; or any other matter relating to the Site or Service. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages.
  • Accordingly, some of the above limitations may not apply to you depending on the nature and characteristics of the Orobit Reward, individual statements and your position.

Use of the Website

You agree that your use of the Website is at your sole risk. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject us to any registration requirement within such jurisdiction or country. The information provided on this Website is not intended to be, and should not be construed as investment, financial, or other professional advice.

You should consult with a financial advisor or other professional to determine what may be best for your individual needs. We do not guarantee the accuracy or completeness of any information on this website. We will not be liable for any errors or omissions, or for any actions taken in reliance on the information provided.

The information provided on this website is subject to change without notice. We reserve the right to modify or discontinue any services provided on this website without notice. By accessing and using this, you acknowledge and accept the risks and limitations associated with trading in digital assets, and agree to hold us harmless for any losses or damages resulting from. Your use of this website or the services provided on it. Our maximum liability to you arising out of the Terms of Use, whether for breach of contract, tort (including negligence), or otherwise will be limited to.

Loss of Business

We shall not be liable to you in contract, tort (including negligence), breach of statutory duty or otherwise arising for: business interruption (including downtime, server disruption, lagging, technical or political disturbance to software and/or applications), loss of profits (including loss of or failure to receive anticipated balances), revenue, business, data, opportunity, business information or goodwill; or indirect or consequential loss, arising out of, or in relation to, these Terms of Use, even if such losses are foreseeable or if we have been notified by you of the possibility of such losses.

Loss of Content

We will not be responsible or liable to you for any loss of content or material uploaded or transmitted through the Website and you confirm that we shall not be liable to you or any third party for any modification to, suspension of or discontinuance of the Website.

Matters Beyond Our Control

We will not be liable for any breach of the Terms of Use if it is caused by a matter beyond our reasonable control, including acts of God, force majeure, internet failures (including your internet provider), computer equipment failures, telecommunication equipment or other equipment failures, electrical power failures, fire, lightning, explosion, war, flood, industrial disputes, sabotage, severe weather, or acts of local or central Government or other competent authorities.

Negligence

Nothing in the Terms of Use shall exclude or limit our liability for death or personal injury resulting from our negligence or any liability to the extent the same may not be excluded or limited as a matter of law.

You are aware that Orobit has incorporated a control share and guarantee mechanisms into the reward economics model for the users to be assured all the process of handling the Orobit Reward is legally compliant and provides users with the sufficient protection and framework of assurance. All of the necessary information are available from the Warranties List, Disclaimers List as well as from the accompanying reward economics documents within the Compliance Pack.

10Proprietary and intellectual property rights

Without limiting the generality of the foregoing, you may not sell, assign, license, distribute, copy, modify, publicly perform or display, transmit, publish, edit, adapt, create derivative works from, or otherwise make unauthorized use of the Website Material without our express prior written consent. Except as permitted by applicable law you must not decompile, re-engineer or disassemble the Website Material, nor attempt to interfere with its correct operation. You agree not to remove, obscure, or alter any copyright, patent, trade mark, or other proprietary rights notices affixed to Website Material. You agree not to use any automatic or manual device to monitor any of our web pages or any content therein.

If you believe that your copyright or the copyright of a person on whose behalf you are authorized to act has been infringed, please provide a written Notice (support@orobit.ai) containing the following information:

  • an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright or other intellectual property interest;
  • a description of the copyrighted work or other intellectual property that you claim has been infringed;
  • a description of where the material that you claim is infringing is located on the Service;
  • your address, telephone number, and email address;
  • a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law; and
  • a statement by you, made under penalty of perjury, that the above information in your Notice is accurate and that you are the copyright or intellectual property owner or authorized to act on the copyright or intellectual property owner’s behalf.

11Third-party links and services

Third-Party Links

The Service provides, or third parties may provide, links to other World Wide Web or accessible sites, applications or resources. Because none of the Orobit Community Members/Users have control over such sites, applications and resources, you acknowledge and agree that Orobit Community Members/Users or any related entity is not responsible for the availability of such external sites, applications or resources, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such sites or resources.

You further acknowledge and agree that Orobit Community Members/Users or any related entity 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 use of or reliance on any such content, goods or services available on or through any such site or resource. If you access any third-party website, service, or content via a link on our service, you do so at your own risk, and you acknowledge that Orobit will have no liability arising from your use of or access to any third-party website, service, or content.

Third-Party Services

Orobit may integrate with third-party services to provide additional features and functionalities. While we strive to work with reputable third-party service providers, we do not have control over these third-party services and therefore cannot guarantee their performance, reliability, or security. Your use of third-party services is subject to the terms and conditions and privacy policies of those third parties, and we encourage you to read those documents carefully. Orobit is not responsible for any issues, losses, or damages arising from your use of third-party services.

User Responsibility

You acknowledge that you are solely responsible for evaluating whether to access or use a third-party website, service, or content. It is your responsibility to take precautions to ensure that whatever links you select or software you download from such third-party websites or services are free of viruses or other harmful components. You should review the applicable terms and policies, including privacy and data gathering practices, of any third-party website or service to which you navigate from our service.

Modification and Termination

Orobit reserves the right to modify or discontinue, temporarily or permanently, any third-party links or services made available through our platform, with or without notice. We also reserve the right to terminate your access to any third-party services integrated with our platform at our discretion. Such modifications or terminations will not result in any liability to you or any third party. It is your responsibility to stay informed about any changes that might affect your use of third-party links or services. By continuing to use our service after any such changes, you accept and agree to the modifications.

12Arbitration and class action waiver

Initial Dispute Resolution

The parties agree shall use their best efforts to engage directly to settle any dispute, claim, question, or disagreement and engage in good faith negotiations which shall be a condition to either party initiating an arbitration.

Binding Arbitration

If we cannot resolve the dispute through good-faith negotiations, you and we agree that any dispute arising under this Agreement shall be finally settled in binding arbitration, on an individual basis, in accordance with Rules of Arbitration of the Luxembourg Chamber of Commerce for consumer-related disputes and you and Orobit hereby expressly waive trial by jury and right to participate in a class action lawsuit or class-wide arbitration.

  • The arbitration will be conducted by a single, neutral arbitrator and shall take place in a mutually agreeable location, in the English language.
  • The arbitrator may award any relief that a court of competent jurisdiction could award, including attorneys’ fees when authorized by law, and the arbitral decision may be enforced in any court. At your request, hearings may be conducted in person or by telephone and the arbitrator may provide for submitting and determining motions on briefs, without oral hearings. The prevailing party in any action or proceeding to enforce this agreement shall be entitled to costs and attorneys’ fees.
  • If the arbitrator(s) or arbitration administrator would impose filing fees or other administrative costs on you, we will reimburse you, upon request, to the extent such fees or costs would exceed those that you would otherwise have to pay if you were proceeding instead in a court. We will also pay additional fees or costs if required to do so by the arbitration administrator’s rules or applicable law. Apart from the foregoing, each Party will be responsible for any other fees or costs, such as attorney fees that the Party may incur.
  • If a court decides that any provision of this section is invalid or unenforceable, that provision shall be severed and the other parts of this section shall still apply. In any case, the remainder of this Agreement will continue to apply.
  • The arbitration doesn’t exclude any of the mandatory norms for the consumer protection as the weaker contractual party and these norms shall still apply where relevant for the consumer protection.

13Final provisions

Governing Law

For any dispute not subject to arbitration, you and Orobit agree to submit to the personal and exclusive jurisdiction and venue in the district located in Luxembourg (with the reflection of mandatory norms for the weaker contractual party protection). You further agree to accept service of process by mail and electronic mail, and hereby waive any and all jurisdictional and venue defenses otherwise available. The terms and the relationship between you and Orobit shall be governed by the laws of Luxembourg without regard to conflict of law provisions.

Entire Agreement

These Terms (and any additional terms, rules and conditions of participation that may be posted on the Service) constitute the entire agreement with respect to the Service and supersedes any prior agreements, oral or written. In the event of a conflict between these Terms and the additional terms, rules and conditions of participation, the latter will prevail over the Terms to the extent of the conflict.

Waiver and Severability of Terms

The failure of any entity to exercise or enforce any right or provision of the Terms shall not constitute a waiver of such right or provision. If any provision of the Terms is found by an arbitrator or court of competent jurisdiction to be invalid, the parties nevertheless agree that the arbitrator or court should endeavor to give effect to the parties’ intentions as reflected in the provision, and the other provisions of the Terms remain in full force and effect.

Statute of Limitations

You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to the use of the Service or the Terms must be filed within one (1) year after such claim or cause of action arose or be forever barred.

Headings for Reference Only

The headings of sections and paragraphs herein are included solely for convenience of reference only and shall not be deemed to modify or limit the provisions of this Agreement.

Communications

Users with questions, complaints or claims with respect to the Service may contact us using the relevant contact information set forth above and at support@orobit.ai.

Prohibited Use

You may not use the Service to engage in the following categories of activity (hereinafter referred to as the “Prohibited Uses”). The specific types of use listed below are representative, but not exhaustive. If you are uncertain as to whether or not your use of the Services involves a Prohibited Use, or have questions about how these requirements apply to you, please contact us at support@orobit.ai.

By opening using the Service provided here, you confirm that you will not use this Service to do any of the following:

  • Unlawful Activity. Activity which would violate, or assist in violation of, any law, statute, ordinance, or regulation, sanctions programs administered in any relevant country, including but not limited to the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or which would involve proceeds of any unlawful activity; publish, distribute or disseminate any unlawful material or information;
  • Abuse Other Users. Interfere with another individual’s or entity’s access to or use of any Services; defame, abuse, extort, harass, stalk, threaten or otherwise violate or infringe the legal rights (such as, but not limited to, rights of privacy, publicity and intellectual property) of others; incite, threaten, facilitate, promote, or encourage hate, racial intolerance, or violent acts against others; harvest or otherwise collect information from the Site about others, including without limitation email addresses, without proper consent.

All the notices should be sent and reachable on support@orobit.ai.

AML Verification

As part of our compliance requirements and our Risk Management and Compliance Programme, we may at any time request you to not only verify your identity and address but furthermore request proof of ownership (including the source of your funds and/or wealth). It is unlawful to deposit, or attempt to deposit, funds obtained from criminal, illegal or fraudulent activities. We are required to monitor any unusual or suspicious transactions of any size and report suspicious transactions and fraudulent activity to the appropriate regulator, and we may report such activity to the police or relevant authorities.

Risk Management and Compliance Programme (RMCP)

In addition to the above, the company abides at all times to the processes and procedures set out in its RMCP which includes but is not limited to the regulatory requirements as set out in the relevant jurisdictions. The RMCP can be found within the Compliance Pack.

Compliance With Laws

Any products accessed through the Website may be used only for lawful purposes and in a lawful manner within the meaning of these Terms and in compliance with the Orobit Reward characteristics and nature (as it is understood as the utility Orobit Reward). You agree to comply with all applicable laws, statutes and regulations regarding the Website and any actions placed through the Website.

Questions

Questions, complaints, comments and requests regarding this document are welcome and should be addressed to support@orobit.ai.