Application Terms of Use

ConsenSys AG’s Decrypt Media

APPLICATION TERMS OF USE

Last Updated: August 18, 2020

DECRYPT TOKEN

The Decrypt Token is a component of Decrypt’s user rewards program.  When you download the Decrypt App, you also create a non-custodial Ethereum blockchain-based wallet to digitally hold Decrypt App blockchain tokens.

By downloading the Decrypt App, you acknowledge and agree to the following:

• There will be no secondary market for Decrypt Tokens.  The Decrypt Tokens have no value outside of the Decrypt App and are not an investment opportunity.
• Users will not be able to transfer Decrypt Tokens to users or any other person.  Users can only transfer the Decrypt Tokens to Decrypt for redemption purposes.
• Users can only use Decrypt Tokens to redeem for the gift cards of other merchants.
• Decrypt tokens are not an investment product or other financial product.

DECRYPT TOKENS REWARDS PROGRAM

• The merchants available for redemption vary from season to season at Decrypt’s sole discretion and are subject to change with no prior notice.
• A minimum of US $5 worth of Decrypt Tokens must be accumulated before a user can redeem for gift cards.
• Once the Decrypt Tokens are redeemed, Decrypt is unable to reverse any redemptions and no exchanges will be permitted. 
• The Decrypt Token program is subject to termination at any time without prior notice.

DECRYPT TOKEN SUPPORTED REGIONS

The Decrypt token is currently offered in most jurisdictions; however, regulations currently prevent us from offering the token in the United Kingdom at this moment.