Terms & Conditions

Last updated on: June 20, 2023

These Terms of Service (the “Terms”) constitute a legally binding agreement between you (referred to as “End User” or “you”) and InBlock AI (“InBlock”). These Terms govern your utilization of InBlock’s website, located at https://www.inblock.ai/, or InBlock’s web app (collectively referred to as the “Site”), and provide you with the opportunity to access and use artificial intelligence services, including Due Diligence, Metrical Analysis, Smart Contract Auditor, and related transactional processes facilitated through the Site (referred to collectively as the “Services”). The Services are licensed to you and are subject to your acceptance of the terms, conditions, and notices outlined herein without any modifications.

BY INDICATING ACCEPTANCE THROUGH CHECKING THE BOX, BY USING THE SITE, OR OTHERWISE UTILIZING THE SERVICES, YOU (A) ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTOOD THESE TERMS, (B) REPRESENT THAT YOU ARE LEGALLY OF AGE TO ENTER INTO A BINDING AGREEMENT, AND (C) ACCEPT THESE TERMS AND AGREE TO BE LEGALLY BOUND BY THEM, AS WELL AS THE INBLOCK PRIVACY POLICY. IF YOU DO NOT AGREE TO THESE TERMS, PLEASE DO NOT USE THE SITE AND CEASE YOUR USE OF THE SERVICES.

THE FOLLOWING SECTIONS INCLUDE AN ARBITRATION PROVISION AND A CLASS ACTION WAIVER. BY AGREEING TO THESE TERMS OF USE, YOU CONSENT TO RESOLVING ANY DISPUTES THROUGH BINDING INDIVIDUAL ARBITRATION, THEREBY WAIVING YOUR RIGHT TO HAVE THE CASE HEARD BY A JUDGE OR JURY, AND FOREGOING ANY PARTICIPATION IN COLLECTIVE ACTION, SUCH AS CLASS ACTION, CLASS ARBITRATION, OR REPRESENTATIVE ACTION.

License Grant

InBlock grants you a limited, non-exclusive, and non-transferable license to use the Site for personal use on devices that you own or control (“Devices”), and to access and utilize the Services strictly in accordance with these Terms.

Changes to the Terms

We may modify these Terms periodically, such as when we update the functionality of our Services, consolidate multiple apps or services operated by us or our affiliates into a single unified service or app, or in response to regulatory changes. We will make commercially reasonable efforts to notify all users of any material changes to these Terms, such as through a notice on our platform or Site. However, it is your responsibility to regularly review the Terms for any such changes. The “Last Updated” date at the top of these Terms indicates the effective date of the revised Terms. By continuing to access or use the Services after the new Terms have come into effect, you signify your acceptance of the revised Terms. If you do not agree to the updated Terms, you must refrain from accessing or using the Services.

Your Account with Us

To access and use our Services, it is necessary to create an account with accurate and up-to-date information. It is crucial to maintain and promptly update your details and any other provided information to ensure they remain current and complete. Additionally, keeping your account password confidential and refraining from disclosing it to third parties is of utmost importance. In the event that you suspect unauthorized access to your account or someone knowing your password, immediate notification to us is required. You acknowledge that you are solely responsible, both to us and others, for any activity occurring under your account. We retain the right to disable your user account at any time, especially if you fail to comply with the Terms, engage in activities that may harm the Services, infringe upon third party rights, or violate applicable laws and regulations. Should you decide to discontinue using our Services and wish to have your account deleted, kindly contact us, and we will assist you through the process. Please note that once your account is deleted, it cannot be reactivated, and any content or information you have added will be irretrievable.

Your Access and Use of Our Services:

When accessing the Site, you will do so through your wallet, and transactions on the Site can only be conducted using authorized digital wallets. Here are the key points to consider:

Access: You understand and agree that access to your InBlock account is strictly limited to the wallet owner. Without our prior written permission, you are prohibited from selling, renting, leasing, or granting access to your InBlock account to any other individual.
Protection: You accept full responsibility for the security of your account and for maintaining control over your usernames, passwords, or other access codes used to reach the Services. Any unauthorized access to your account may result in the loss or theft of funds in your account or any linked accounts. You acknowledge that we are not liable for any unauthorized access or use of your account and that it is your responsibility to promptly report any irregular or suspicious behaviour to us.

Content: All content available on the Site is generated by users, and InBlock does not guarantee the quality, origin, or ownership of such content. InBlock shall not be held liable for any errors, misrepresentations, omissions, or unavailability of the content. Furthermore, InBlock shall not be responsible for any losses, injuries, or damages arising from the purchase, inability to purchase, display, or use of such content.

Fees: By utilizing the Services on the Site, you agree to pay all applicable fees, and InBlock is authorized to automatically deduct fees from your payment. Service fees may be adjusted at InBlock’s sole discretion from time to time.

No Refunds: All transactions involving the offerings on the Site are considered final, and unless otherwise determined by InBlock at its sole discretion or applicable third parties, the fees associated with those transactions are generally non-refundable.

Restrictions to Your Access to and Use of Our Services:
Your access to and use of the Services are subject to these Terms and all applicable laws and regulations. The following actions are prohibited:

  • Accessing or using the Services if you are not fully capable or legally competent to agree to these Terms or are not authorized by your parent or legal guardian.
  • Making unauthorized copies, modifying, adapting, translating, reverse engineering, disassembling, decompiling, or creating derivative works of the Services or any included content, including files, tables, documentation, or any part thereof. Additionally, attempting to access or determine the source code, algorithms, methods, or techniques embodied by the Services or any derivative works.
  • Using the Services for any commercial or unauthorized purpose without our express written consent, including engaging in commercial advertisement, solicitation, or spamming.
  • Distributing, licensing, transferring, or selling the Services or any derivative works, in whole or in part.
  • Renting, leasing, or charging fees for the use of the Services, or using them for advertising or commercial solicitation.
  • Interfering with or attempting to disrupt the proper functioning of the Services, our website, or connected networks, or bypassing any measures implemented to prevent or restrict access to the Services.
  • Incorporating the Services or any part thereof into another program or product without our permission, which may result in service refusal, account termination, or limited access at our discretion.
  • h. Using automated scripts to collect information from or interact with the Services.
  • Impersonating any person or entity, or misrepresenting your identity or affiliation with any person or entity, including creating content that falsely appears to originate from the Services.
  • Intimidating, harassing, promoting sexually explicit material, violence, or discrimination based on race, sex, religion, nationality, disability, sexual orientation, or age.
  • Unauthorized use or attempted use of another person’s account, service, or system without InBlock’s authorization, or creating a false identity on the Services.
  • Using the Services in a manner that may create a conflict of interest or undermine their intended purposes.
  • Uploading, transmitting, distributing, storing, or making available files that contain viruses, trojans, worms, logic bombs, or other malicious or harmful material.
  • Using the Services for unsolicited or unauthorized advertising, solicitations, promotional materials, spam, chain letters, pyramid schemes, or any other prohibited form of solicitation.
  • Extracting private information of any third party, including addresses, phone numbers, email addresses, personal identity document details, or credit card numbers.
  • Uploading any material that infringes on any copyright, trademark, intellectual property, or privacy rights of any person.
  • Uploading any material that is defamatory, obscene, offensive, pornographic, hateful, or inflammatory.
  • Uploading any material that constitutes or encourages criminal offences, dangerous activities, or self-harm.
  • Uploading material deliberately designed to provoke or antagonize people, including trolling, bullying, or harassing behaviour that aims to harm, distress, embarrass, or upset individuals.
  • Uploading material containing threats of any kind, including physical violence.
  • Uploading material that is racist or discriminatory based on race, religion, age, gender, disability, or sexuality.
  • Providing answers, responses, comments, opinions, analysis, or recommendations for which you are not properly licensed or qualified to provide.
  • Uploading material that, in InBlock’s sole judgment, is objectionable, restricts or inhibits others from using the Services, or may expose InBlock, the Services, or its users to harm or liability.
  • Participating in any activity aimed at defrauding InBlock, other users, or any other party, or providing fraudulent, inaccurate, or misleading details to InBlock.

In addition, your access and use of the Services must comply with our community guidelines. We reserve the right to remove or disable access to content at our discretion, without prior notice, for reasons including but not limited to violation of these Terms or our community policy, or if the content is deemed harmful to the Services or our users.

Representations and Warranties:

To use our Site, you must comply with the laws of your jurisdiction. By using the Site, you represent and warrant the following:

  • You are at least eighteen (18) years old or meet the minimum age required by local laws. Persons under the age of 18 are not permitted to use the Site.
  • You are mentally capable and have the legal capacity to enter into these Terms of Use.
  • The personal information you provide about yourself is accurate and true to the best of your knowledge.
  • You have carefully considered the risks associated with using the Site, including the possibility of losing all the tokens you possess.
  • You will only use tokens that you legally own unless authorized to transact on behalf of a third party with written confirmation of your authority.
  • If you are registering or accepting these Terms on behalf of a legal entity, you represent and warrant that the entity is duly organized, and validly existing under applicable laws, and you are authorized to act on its behalf.
  • You are not violating any laws or regulations applicable to you or any company, trust, or partnership you are acting on behalf of.
  • You will not use the Site to disguise the proceeds of, or further, any breach of laws or regulations, or engage in any transactions involving contraband tokens.
  • Instructions received or undertaken through your signature credentials are deemed valid, binding, and conclusive, and InBlock may act upon them without liability.
  • Your use of the Site does not violate any laws or regulations applicable in your country of residence.

Account Suspension

InBlock reserves the right to suspend, pause, or cancel your connection to the Services, or close your account if we believe, in our absolute discretion, that your account is being used for money laundering, terrorist activity, fraud, or other illegal activity.

Communication

You agree to receive promotional communications by email, such as newsletters, special offers, surveys, and other relevant information. These communications may pertain to your interactions with the website. You can opt out of promotional communications at any time by following the provided instructions.

User Content

When you provide input (referred to as “Input”) to the Services and receive output (referred to as “Output”) generated by the Services based on your Input, both Input and Output collectively form the “Content.” InBlock acknowledges that you own all rights to the Input, and subject to your compliance with these Terms, InBlock assigns to you all its rights, title, and interest in and to the Output. This means you have the right to use the Content for any purpose, including commercial purposes, as long as you comply with these Terms. InBlock may use the Content to provide and maintain the Services, comply with applicable law, and enforce its policies. You are solely responsible for the Content you provide, including ensuring that it complies with all applicable laws and these Terms. The following guidelines apply to all Content:

  • By providing Input and information to the Site, you grant InBlock and its associates, as well as their licensees, successors, and assigns, the right to use, reproduce, alter, execute, view, distribute, retransmit, print, broadcast, and disclose such material to third parties for any purpose.
  • You represent and warrant that you own and control all rights to your User Content and have the authority to grant the licenses mentioned above. Furthermore, you confirm that all your User Content complies with these Terms of Use.
  • You acknowledge that you are solely responsible for any User Content you send, contribute, or generate, including its legality, reliability, accuracy, and appropriateness. InBlock is not liable to any third parties for the quality, accuracy, or appropriateness of any User Content posted or generated through the Site by you or any other user.
  • You grant InBlock permission to use your name and picture for marketing and promotional purposes.
  • You understand that you are responsible for the accuracy and quality of your content. InBlock may obfuscate or remove any content that violates its policies at its sole discretion.
  • InBlock reserves the right to track User Content to identify and prevent fraud or breaches of these Terms of Service.
  • Due to the nature of machine learning, the Output generated by the Services may not be unique across users, and the same or similar Output may be generated for InBlock or other third parties. Responses generated for other users are not considered your Content.

Ownership

The Site, including all content and materials contained within it, such as the InBlock logo, designs, text, graphics, pictures, data, software, sound files, and other files, as well as the arrangement thereof (referred to as “InBlock Content”), are the proprietary property of InBlock or its partners. The InBlock logo, as well as any other InBlock product or service names, logos, or slogans appearing on the Site, are trademarks of InBlock or its affiliates and may not be reproduced, imitated, or used without prior written permission. You are not allowed to use any InBlock Content on the Site without express written permission, and framing techniques to enclose any InBlock Content are also prohibited. The look and feel of the Site and InBlock Content, including page headers, custom graphics, button icons, and scripts, are InBlock’s service marks, trademarks, or trade dress and may not be copied, imitated, or used without InBlock’s prior written permission.

Intellectual Property

All other trademarks, product names, and logos on the Site, except for the InBlock Content, are the property of their respective owners and may not be reproduced, imitated, or used without permission. If you believe that third-party material hosted by InBlock infringes on your copyright or trademark rights, you can contact InBlock and provide specific details as outlined in the Terms.

When reporting copyright or trademark infringement, you need to provide a description of the copyrighted work, the location of the infringing content on the Site, your contact information, a declaration stating that the use is not authorized, and a statement under penalty of perjury that the information provided is accurate and that you are the copyright owner or authorized to act on their behalf.

Privacy

By using the Site, you understand and consent to the collection, use, and disclosure of your personal information in accordance with InBlock’s Privacy Policy, which is incorporated into these Terms.

Risks

You should be aware of the following risks when using or accessing InBlock:

  • The price and liquidity of blockchain assets are highly volatile and can fluctuate significantly. Price fluctuations can have a negative impact on tokens, and legislative and regulatory changes may affect the use, transfer, trade, and value of tokens.
  • Damages arising from fraudulent or unintentional transactions may not be recoverable.
  • Transactions in digital assets are considered complete once registered on a public ledger, which may not align with the date or time you initiated the transaction.
  • The value of tokens may be derived from market participants’ willingness to exchange fiat currency or digital assets, which can result in the permanent and absolute loss of value.
  • Changes to Third Party Sites may impact your access to and use of the Site and pose an increased risk of fraud or cyber assaults.
  • InBlock does not provide advice or guidance on the suitability, appropriateness, or investment strategies related to the contents generated through the Site.
  • By accessing and using InBlock, you acknowledge and accept the risks associated with digital assets and agree to the terms and conditions.
  • This brief statement does not cover all the risks associated with digital assets, and InBlock is not liable for any communication failures, disruptions, mistakes, distortions, or delays you may encounter while using the Site.

Third Parties

InBlock utilizes third-party platforms such as MetaMask or other wallet service providers for executing transactions. The Site may contain links to Third Party Sites, which are not managed or operated by InBlock. By using Third Party Platforms, you agree to comply with their respective terms of service and privacy policies. It is your responsibility to review and investigate the terms of use and privacy policies of any Third Party Site before engaging in transactions with them. InBlock provides these Third Party Sites for convenience purposes only and does not endorse, support, warrant, or make any claims about them or their goods and services. Your use of Third Party Sites is at your own risk, and once you leave the InBlock Site, our Agreement and policies no longer apply. InBlock may, but is not obligated to, notify you if a virus is detected.

Disclaimers

  • Unless stated otherwise in writing by InBlock, the Website and its content are provided on an “as is” and “as available” basis, without warranties or conditions of any kind, whether express or implied. InBlock and its suppliers make no warranty that the Site will meet your requirements, and be available uninterrupted, timely, secure, error-free, accurate, reliable, complete, legal, or safe.
  • InBlock will not be liable for any loss resulting from actions taken or reliance on material or information on the Website. InBlock does not guarantee the accuracy, completeness, reliability, currency, or error-free nature of the content on the Website.
  • While InBlock strives to make the access and use of the Website and its content safe, it does not represent or warrant that the Website, content, services, or servers are free of viruses or other harmful components. InBlock cannot guarantee the security of any data disclosed online. You acknowledge the inherent security risks of providing information and conducting online transactions over the internet and agree not to hold InBlock responsible for any breach of security unless it results from gross negligence.
  • InBlock will not be responsible or liable for any loss, including but not limited to losses, damages, or claims arising from user errors (e.g., forgotten passwords, incorrectly constructed transactions, mistyped addresses), server failure or data loss, corrupted wallet files, unauthorized access to applications, or unauthorized third-party activities such as viruses, phishing, or brute-forcing.
  • InBlock does not guarantee the transfer of title or rights in any digital asset. The transfer of ownership occurs through the decentralized ledger, and InBlock cannot ensure the transfer of title or rights.
  • InBlock is not responsible for sustained losses due to vulnerabilities, software failures, abnormal behaviours of software, blockchain issues, or lack of reporting by developers or representatives regarding blockchain issues.

Limitation of Liability

To the fullest extent permitted by law, InBlock shall not be liable to you or any third party for any lost profit or any indirect, consequential, exemplary, incidental, special, or punitive damages arising from this Agreement, the Site, Services, or Third Party Sites and products. This includes damages related to loss of revenue, loss of profits, loss of business or anticipated savings, loss of use, loss of goodwill, or loss of data, whether caused by tort (including negligence), breach of contract, or otherwise, even if foreseeable and even if InBlock has been advised of the possibility of such damages. Access to and use of the Sites, Services, or Third-Party Sites and products are at your own discretion and risk, and you will be solely responsible for any damage to your computer system or mobile device or loss of data resulting from them. Notwithstanding anything to the contrary contained herein, in no event shall the maximum aggregate liability of InBlock arising out of or in any way related to this Agreement, the access to and use of the Site, content, or any products or services purchased on the Site exceed the greater of (a) $1000 or (b) the amount you have paid to InBlock for the services in the last six months out of which liability arose. The foregoing limitations of liability shall not apply to the liability of InBlock for (a) death or personal injury caused by a member of InBlock’s negligence or (b) any injury caused by a member of InBlock’s fraud or fraudulent misrepresentation.

Taxes

You acknowledge that you are solely responsible for determining whether or not taxes apply to your transactions. The taxes that apply to your transactions are not determined by InBlock.

Indemnification

To the fullest extent permitted by applicable law, you agree to indemnify, defend, and hold harmless InBlock and its respective past, present, and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors, and assigns (collectively, the “InBlock Parties”), from and against all actual or alleged third-party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, reasonable attorneys’ fees and expenses), and costs (including, without limitation, court costs, costs of settlement, and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract, or otherwise (collectively, “Claims”), including, but not limited to, damages to property or personal injury, that are caused by, arise out of, or are related to (a) your use or misuse of the Website, content, or Services, (b) your violation of these Terms of Use, and (c) your violation of the rights of a third party, including another user. You agree to promptly notify InBlock of any third-party Claims and cooperate with the InBlock Parties in defending such Claims. You further agree that the InBlock Parties shall have control of the defence or settlement of any third-party Claims. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement between you and InBlock.

Governing Law

These Terms of Use, your use of the Site, your rights and obligations, and all actions contemplated by, arising out of, or related to these Terms of Use shall be governed by the laws of Delaware as if these Terms of Use are a contract wholly entered into and wholly performed within Delaware. You understand and agree that your use of the Site as contemplated by these Terms of Use shall be deemed to have occurred in Delaware and be subject to the internal laws of Delaware without regard to its conflicts of laws provisions.

Disputes

This section outlines the arbitration agreement between you and InBlock:

  • All users agree that any arbitration or other permitted action with respect to any dispute shall be conducted in their individual capacities only and not as a class action or other representative action. Users expressly waive their right to file a class action or seek relief on a class basis.
  • You accept that any conflict or argument relating to your access, use, or attempted access or use of the Site, any Services availed through the Site, or any aspect of your relationship with InBlock will be resolved by binding arbitration. However, certain claims related to intellectual property rights may be pursued in a court or small claims court.
  • The arbitrators shall have exclusive jurisdiction to assess the scope and enforceability of this Arbitration Agreement and settle any dispute arising out of the understanding, applicability, enforceability, or formation of this Arbitration Agreement. They also have the authority to assess your and InBlock’s rights and liabilities, grant motions dismissing all or part of any claim, and award monetary damages and any non-monetary remedy or relief available to a party under applicable law, arbitration rules, and these Terms of Use.
  • The arbitrator has the same right to grant individual relief. Both parties are bound by the decision, and by agreeing to this Arbitration Agreement, you and InBlock are waiving your right to a jury trial and to engage in a class action or class arbitration.
  • If any part of this Arbitration Agreement is found to be null or unenforceable, that part shall be severed, and the remaining portions of the Arbitration Agreement shall remain in full force and effect.
  • This Arbitration Agreement will remain in effect until your relationship with InBlock has ended.

Relationship of the Parties

These Terms do not create a partnership, joint venture, or agency relationship between you and InBlock or any of InBlock’s affiliates. InBlock and you are independent contractors, and neither party will have the power to bind the other or to incur obligations on the other’s behalf without the other party’s prior written consent.

Termination

InBlock reserves the right to terminate your license to access or use the Site or Services at any time and for any cause, without warning and at its absolute discretion. In such a case, you understand and accept that InBlock will have no responsibility or duty to you.

Severability and Entire Agreement

If any word, clause, or provision of these Terms of Use is found to be unconstitutional or unenforceable, the term, clause, or provision will be severable from the remainder of these Terms of Use and will not impact the validity or enforceability of the remaining part of that term, clause, or provision or any other words, clauses, or provisions of these Terms of Use. These Terms of Use reflect the entire agreement between you and InBlock regarding your access to and use of the Site and Content and supersede any and all previous negotiations, agreements, and understandings (including without limitation prior versions of this User Agreement). Unless otherwise stated, these Terms of Use are solely for the benefit of the parties concerned.

Survival

You understand and accept that all clauses of these Terms of Use will survive the termination or expiration of these Terms of Use.

Join the Whitelist

Stay in the know of everything happening at InBlock AI. Apply today.