DECRYPT NFT TERMS OF SERVICE

DATE: March 23, 2021

  • INTRODUCTION AND OVERVIEW

Please carefully read these Terms of Use (these “Terms”) because they set forth a legally binding agreement between you (“you”, “your”, and/or “user”) and ConsenSys AG’s Decrypt (“we”, “us”, “our”, and/or “Decrypt”), and govern your access and use of the Decrypt website (the “Website”) and mobile app, as well as your redemption and/or use of Decrypt Rewards. 

“Decrypt Rewards” may include, but are not limited to, NFT artwork, other NFTs (each, an “NFT Reward”), physical items, event tickets or other items.  We may also refer to Decrypt Rewards as “drops.”

BY ACCESSING OR USING ANY PART OF THE WEBSITE, APPLICATION, AND/OR EXPLOITING THE DECRYPT REWARD YOU AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO ALL THE TERMS AND CONDITIONS OF THESE TERMS NOW OR IN THE FUTURE, THEN DO NOT ACCESS OR USE THE WEBSITE, APPLICATION, OR DECRYPT REWARDS. YOUR CONTINUED USE OF THE WEBSITE OR APPLICATION NOW, OR FOLLOWING THE PUBLICATION OF ANY CHANGES IN THESE TERMS, WILL INDICATE ACCEPTANCE AND AGREEMENT BY YOU OF SUCH CHANGES.

In some instances, both these Terms and separate terms elsewhere, including on the Website, will apply to your use of the Website and use and exploitation of the Decrypt Rewards (“Additional Terms”). To the extent there is a conflict between these Terms and any applicable Additional Terms, the Additional Terms will control unless they expressly state otherwise.

You acknowledge and agree that you are solely responsible for ensuring that your use of the Website, Application and Decrypt Rewards complies with the laws and regulations in the jurisdiction which you reside.

By accessing the Website and/or Application, you represent you are of the age of majority in your jurisdiction of residence.

Arbitration Notice

UNLESS YOU OPT OUT OF ARBITRATION WITHIN 30 DAYS OF THE DATE YOU FIRST AGREE TO THESE TERMS BY FOLLOWING THE OPT-OUT PROCEDURE SPECIFIED IN THE DISPUTE RESOLUTION SECTION BELOW, AND EXCEPT FOR CERTAIN TYPES OF DISPUTES DESCRIBED IN SUCH SECTION, YOU AGREE THAT DISPUTES BETWEEN YOU AND US WILL BE RESOLVED BY BINDING, INDIVIDUAL ARBITRATION AND YOU ARE WAIVING YOUR RIGHT TO A TRIAL BY JURY OR TO PARTICIPATE AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS ACTION OR REPRESENTATIVE PROCEEDING.

  • DECRYPT NFT REWARDS

Decrypt  uses smart contracts stored on the Ethereum network to enable users to redeem artwork or other items in the form of non-fungible tokens (each, an “NFT Reward”).

Important: After redemption on the App, you will have 30 days to claim your NFT Reward from Treum following the instructions on the claim instructions email.  If you do not claim your NFT within 30 days, you forfeit your reward and you will lose your opportunity to claim your NFT Reward.

Fees and Commissions

Redemption of NFT Rewards is subject to certain fees. 

Gas Fees.  Ethereum requires a transaction fee (a “Gas Fee”) to be paid for every transaction that occurs on the Ethereum network. This includes all transactions of NFT Reward Redemptions.  Gas Fees are consumed by the blockchain platform in processing your transaction and are not refundable.   Decrypt, at its sole discretion, may bear the cost of the gas, on a case by case basis.  Decrypt has no obligation to pay for any fees.

Marketplace Fees and Commissions.  The purchase and sale of NFT Rewards on authorized marketplaces like OpenSea are subject to the terms and conditions of those marketplaces, which may include the collection of additional service fees and/or commissions for payment to the marketplace and/or Decrypt.

Other Fees.  You will be solely responsible to pay any and all sales, use, value-added and other taxes, duties, and assessments (except taxes on our net income) now or hereafter claimed or imposed by any governmental authority associated with your use of the Website, and/or payable as the result of your purchase, ownership, sale, transfer, use and/or exploitation of any NFT Rewards. 

NFT Rewards - Ownership; Artwork License

You own the NFT Reward.  If you redeem an NFT Reward, you will own that NFT.  As an owner of an NFT Reward, you may sell your NFT.

When you redeem an NFT Reward, and so long as you retain ownership of that NFT Reward, you will have a non-exclusive, worldwide, royalty-free, non-sublicensable, to use the artwork in connect with the NFT Reward only (i) for your own personal, non-commercial use; and (ii) in connection with the marketing, promotion, and/or sale of the NFT Reward as permitted herein. 

The license to the artwork in the NFT Reward subject to the following restrictions.  

  • You may not use the Artwork to create a new NFT, token or other digital asset based on concepts or technology similar in functionality or operation as NFTs;
  • You may not use the Artwork to engage in a business or enterprise that competes directly with Decrypt;
  • You may not restrict, and hereby consent to, Decrypt’s use of the Artwork in connection with the Website and Decrypt’ promotion, marketing, and advertising of its own or any affiliate’s business; 
  • Your license, and any sublicense or other rights you granted under your license, shall automatically terminate immediately upon your transfer of ownership of the NFT Reward; and
  • You may not use the Artwork for any unlawful purposes in any manner as prohibited by Section 3 “Restrictions” below.
  • Other Reward Drops

From time to time, at Decrypt’s sole discretion, it may offer other types of reward drops including, but not limited to, apparel, event tickets or other items.

  • RESTRICTIONS

By accessing the Website, Application and/or redeeming, purchasing, selling, burning or otherwise exploiting an Decrypt Reward, you acknowledge and agree that in connection with your use or exploitation of the Website, Application and/or an NFT Reward, including, without limitation, the Artwork associated therewith, you will not:

  • Each natural person may only sign up for one Decrypt wallet;
  • use bots or other automated software to redeem NFT Rewards;
  • upload or transmit viruses, worms, Trojan horses, time bombs, cancel bots, spiders, malware or other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Website, Application and/or NFT Rewards; 
  • interfere with or circumvent the security features of the Website, Application, NFT Reward;
  • generate non-fungible tokens based on or derived from theNFT Reward, except as explicitly provided herein or as otherwise authorized by Decrypt;
  • copy, modify, or otherwise replicate any NFT Reward smart contract except as expressly permitted by a separate license authorized by Decrypt;
  • infringe upon or violate our intellectual property rights or the intellectual property rights of others; 
  • promote or incite violence;
  • harass, abuse, insult, harm, defame, slander, disparage, intimidate, threaten or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability, or otherwise engage in hate speech; and/or
  • violate these Terms, Additional Terms, applicable third-party policies, and/or any applicable law, rule, or regulation. 

In addition, by accessing the Website, Application and/or purchasing, selling, burning or otherwise using a NFT Reward, you confirm not to be listed, or associated with any person or entity being listed, on any of the US Department of Commerce’s Denied Persons or Entity List, the US Department of Treasury’s Specially Designated Nationals or Blocked Persons Lists, the US Department of State’s Debarred Parties List, the EU Consolidated List of Persons, Groups and Entities Subject to EU Financial Sanctions, or the Swiss SECO’s Overall List of Sanctioned Individuals, Entities and Organizations. You further confirm not to be resident of, citizen of or located in a geographic area that is subject to UN-, US-, EU-, Swiss embargoes.

  • SUBMISSIONS, COMMENTS, AND FEEDBACK 

If you send certain specific submissions or creative ideas, suggestions, proposals, plans, or other materials, whether online (including, without limitation, via Twitter, Discord, and/or other social media platforms), by email, by postal mail, or otherwise (collectively, “Submissions”), you grant us a non-exclusive, unrestricted, unconditional, unlimited, worldwide, irrevocable, perpetual, transferable and cost-free right and license to host, store, use, display, reproduce, modify, adapt, edit, combine with other materials, publish, distribute, create derivative works from, promote, exhibit, broadcast, syndicate, sublicense (including, without limitation, to third party media channels, platforms, and distributors), publicly perform, publicly display, and otherwise use and exploit in any manner whatsoever, or grant third parties the right to do any of the foregoing, all or any portion of your Submissions, for any purpose whatsoever in all formats, on or through any means or medium now known or hereafter developed, and with any technology or devices now known or hereafter developed, and to advertise, market, and promote the same. You further irrevocably grant us the right, but not the obligation, to use your name, image, likeness, picture, avatar, social media handle, biographical information, or other indicia, in connection with your Submissions. You also agree to waive any right of approval for our use of the rights granted herein and agree to waive any moral rights that you may have in any Submissions, even if it is altered or changed in a manner not agreeable to you. To the extent not waivable, you irrevocably agree not to exercise such rights in a manner that interferes with any exercise of the granted rights. 

You understand that you will not receive any fees, sums, consideration, or remuneration for any of the rights granted herein in connection with your Submissions. Our receipt of your Submissions is not an admission of their novelty, priority, or originality, and it does not impair our right to existing or future intellectual property rights relating to your Submissions. You waive any and all rights and claims in connection with our consideration, use, or development of any product, content, or other materials similar or identical to your Submission now or in the future.

You agree that your Submissions will not violate any right of any third-party, including copyright, trademark, privacy, personality, or other personal or proprietary right. You further agree that your Submissions will not contain libelous or otherwise unlawful, abusive, or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Website or any related website. You may not use a false email address, pretend to be someone other than yourself, or otherwise mislead us or third parties as to the origin of any Submissions. You are solely responsible for any Submissions you make and their accuracy. We take no responsibility and assume no liability for any Submissions provided by you or any third-party.

  • THIRD-PARTY SERVICES

We may provide you with access to third-party tools, content, products or services over which we neither monitor nor have any control nor input. You acknowledge and agree that we provide access to such third-party content “as is” and “as available” without any warranties, representations, or conditions of any kind and without any endorsement. We shall have no liability whatsoever arising from or relating to your use of such third-party content.

Any use by you of third-party content offered through the Website or otherwise made available in connection with a Decrypt Reward is entirely at your own risk and discretion and you should ensure that you are familiar with and approve of the terms on which tools are provided by the relevant third-party provider(s).

Third-party links on the Website, or otherwise made available in connection with a Decrypt Reward, may direct you to third-party websites that are not affiliated with Decrypt, including, without limitation, OpenSea. We are not responsible for examining or evaluating the content or accuracy and we do not warrant and will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third-parties available through or at such third-party links.

We are not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party websites, networks, and/or platforms. Please review carefully the third party’s policies and practices and make sure you understand them before you engage in any transaction. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third party.

  • DMCA/COPYRIGHT POLICY 

We take copyright infringement claims seriously and respond to copyright notifications submitted under the Digital Millennium Copyright Act, 17 U.S.C. § 512 (“DMCA”). To submit a notice of claimed copyright infringement under United States law, provide our designated agent with the following written information: 

  • A physical or electronic signature of the copyright owner or a person authorized to act on his or her behalf;
  • Identification of the copyrighted work claimed to have been infringed;
  • Identification of the infringing material and information reasonably sufficient to permit us to locate that material;
  • Your contact information, including your address, telephone number, and an e-mail address;
  • A statement that you have a good faith belief that the use of the material in the manner asserted is not authorized by the copyright owner, its agent, or the law; and
  • A statement that the information in the notification is accurate, and, under penalty of perjury, that you are authorized to act on behalf of the copyright owner.

Our designated agent is: 

Copyright Agent

Email: editorproduct@decrypt.co

You can obtain further information from the Copyright Office’s online directory at www.dmca.copyright.gov/osp.  We will respond to notifications of claimed copyright infringement in accordance with the DMCA. 

Counter Notification

If you believe that your material has been removed in error in response to a copyright notification, you may submit a counter notification to our designated agent with the following written information:

  • A physical or electronic signature;
  • Identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or access to it was disabled;
  • A statement under penalty of perjury that you have a good faith belief that the material was removed or disabled as a result of mistake or misidentification of the material to be removed or disabled; and
  • Your name, address, and telephone number, and a statement that you consent to the jurisdiction of the Federal District Court for the judicial district in which the address is located, or if your address is outside of the United States, for any judicial district in which Decrypt may be found, and that you will accept service of process from the person who provided notification under subsection (c)(1)(C) or an agent of such person.

We will respond to counter notifications in accordance with the DMCA.

  • CUSTOMER SUPPORT 

Contact us here for questions about your use of the Website or these Terms: support@decrypt.co. When you communicate with us electronically, you consent to receive communications from us electronically. You agree that all agreements, notices, disclosures, and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing.

  • ERRORS, INACCURACIES, AND OMISSIONS 

Occasionally there may be information on the Website that contains typographical errors, inaccuracies, or omissions that may relate to product descriptions, pricing, promotions, offers, product shipping charges, transit times, and availability. We reserve the right to correct any errors, inaccuracies, or omissions, and to change or update information or cancel orders if any information on the Website or on any related website is inaccurate at any time without prior notice (including after you have submitted your order).

We undertake no obligation to update, amend, or clarify information on the Website or on any related website, including without limitation, pricing information, except as required by law. No specified update or refresh date applied on the Website or on any related website, should be taken to indicate that all information on the Website or on any related website has been modified or updated.

  • DISCLAIMERS 

THE WEBSITE AND MOBILE APPLICATION AS WELL AS THE DECRYPTNFT REWARDS  AND THE ARTWORK ASSOCIATED THEREWITH, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. FOR CLARITY, DECRYPT MAKES NO GUARANTEES OF ANY KIND IN CONNECTION WITH THE WEBSITE THE DECRYPTNFT REWARDS AND/OR THE ARTWORK. YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT THE WEBSITE AND/OR THE ARTWORK MAY CONTAIN AUDIO-VISUAL EFFECTS, STROBE LIGHTS OR OTHER MATERIALS THAT MAY AFFECT YOUR PHYSICAL SENSES AND/OR PHYSICAL CONDITION. WE ARE NOT RESPONSIBLE WHETHER THE WEBSITE, INCLUDING ANY CONTENT THEREIN, ARE ACCURATE, COMPLETE, OR CURRENT. CONTENT IS PROVIDED FOR GENERAL INFORMATION ONLY AND SHOULD NOT BE RELIED UPON OR USED AS THE SOLE BASIS FOR MAKING DECISIONS. ANY RELIANCE ON THE WEBSITE, AND ANY CONTENT THEREIN, IS AT YOUR OWN RISK.

THE WEBSITE AND CONTENT THEREIN MAY CONTAIN CERTAIN HISTORICAL INFORMATION. HISTORICAL INFORMATION, NECESSARILY, IS NOT CURRENT AND IS PROVIDED FOR YOUR REFERENCE ONLY. WE RESERVE THE RIGHT TO MODIFY THE WEBSITE AT ANY TIME, BUT WE HAVE NO OBLIGATION TO UPDATE THE WEBSITE. YOU AGREE THAT IT IS YOUR RESPONSIBILITY TO MONITOR CHANGES TO THE WEBSITE THAT MAY AFFECT YOU.

WE DO NOT GUARANTEE, REPRESENT, OR WARRANT THAT YOUR USE OF THE WEBSITE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. WE DO NOT WARRANT THAT THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE WEBSITE WILL BE ACCURATE OR RELIABLE.

YOU AGREE THAT FROM TIME TO TIME WE MAY REMOVE THE WEBSITE AND/OR ANY CONTENT THEREIN FOR INDEFINITE PERIODS OF TIME OR CANCEL THE WEBSITE AT ANY TIME, WITHOUT NOTICE TO YOU.

  • LIMITATIONS OF OUR LIABILITY 

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL DECRYPT BE LIABLE TO YOU FOR ANY LOSS, DAMAGE, OR INJURY OF ANY KIND INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, EXEMPLARY, CONSEQUENTIAL, OR PUNITIVE LOSSES OR DAMAGES, OR DAMAGES FOR SYSTEM FAILURE OR MALFUNCTION OR LOSS OF PROFITS, DATA, USE, BUSINESS OR GOOD-WILL, ARISING OUT OF OR IN CONNECTION WITH (A) THE WEBSITE, (B) THESE TERMS; (C) THE DECRYPT REWARDS, AND/OR ARTWORK; AND/OR (D) YOUR MISUSE OF THE WEBSITE OR ANY CONTENT AVAILABLE ON OR THROUGH THE WEBSITE. THE LIMITATIONS SET FORTH IN THIS SECTION SHALL APPLY REGARDLESS OF THE FORM OF ACTION, WHETHER THE ASSERTED LIABILITY OR DAMAGES ARE BASED ON CONTRACT, INDEMNIFICATION, TORT, STRICT LIABILITY, STATUTE, OR ANY OTHER LEGAL OR EQUITABLE THEORY. IN NO EVENT WILL DECRYPT’ CUMULATIVE LIABILITY TO YOU OR ANY OTHER USER, FROM ALL CAUSES OF ACTION AND ALL THEORIES OF LIABILITY, EXCEED THE TOTAL AMOUNTS PAID BY YOU TO DECRYPT IN CONNECTION WITH YOUR USE OF THE WEBSITE. 

IN ADDITION TO THE FOREGOING, WE SHALL NOT BE LIABLE FOR ANY DAMAGES CAUSED IN WHOLE OR IN PART BY (W) THE MALFUNCTION, UNEXPECTED FUNCTION OR UNINTENDED FUNCTION OF ANY COMPUTER OR CRYPTOCURRENCY NETWORK, INCLUDING WITHOUT LIMITATION LOSSES ASSOCIATED WITH NETWORK FORKS, REPLAY ATTACKS, DOUBLE-SPEND ATTACKS, SYBIL ATTACKS, 51% ATTACKS, GOVERNANCE DISPUTES, MINING DIFFICULTY, CHANGES IN CRYPTOGRAPHY OR CONSENSUS RULES, HACKING OR CYBERSECURITY BREACHES; (X) THE CHANGE IN VALUE OF ANY CRYPTOCURRENCY; (Y) ANY CHANGE IN LAW, REGULATION OR POLICY, OR (Z) FORCE MAJEURE. THIS LIMITATION OF LIABILITY IS INTENDED TO APPLY WITHOUT REGARD TO WHETHER OTHER PROVISIONS OF THESE TERMS HAVE BEEN BREACHED OR HAVE PROVEN INEFFECTIVE.

UNDER NO CIRCUMSTANCES SHALL WE BE REQUIRED TO DELIVER TO YOU ANY VIRTUAL CURRENCY AS DAMAGES, MAKE SPECIFIC PERFORMANCE OR ANY OTHER REMEDY. IF YOU WOULD BASE YOUR CALCULATIONS OF DAMAGES IN ANY WAY ON THE VALUE OF VIRTUAL CURRENCY, YOU AND WE AGREE THAT THE CALCULATION SHALL BE BASED ON THE LOWEST VALUE OF THE VIRTUAL CURRENCY DURING THE PERIOD BETWEEN THE ACCRUAL OF THE CLAIM AND THE AWARD OF DAMAGES.

  • INDEMNIFICATION

You agree to indemnify, defend, and hold harmless Decrypt, our parent, affiliate, and subsidiary entities, and each of our and their respective partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, and employees, harmless from any claim or demand, including reasonable attorneys’ fees, made by any third party due to or arising out of your (i) your breach or alleged breach of these Terms; (ii) your Submissions; (iii) your misuse of the Website, Application, Decrypt Rewards, and/or the Artwork associated therewith; (iv) your violation of any laws, rules, regulations, codes, statutes, ordinances, or orders of any governmental or quasi-governmental authorities; (v) your violation of the rights of any third party, including any intellectual property right, publicity, confidentiality, property, or privacy right; (vi) your use of a third-party product, service, and/or website; or (vii) any misrepresentation made by you. We reserve the right to assume, at your expense, the exclusive defense and control of any matter subject to indemnification by you. You agree to cooperate with our defense of any claim. You will not in any event settle any claim without our prior written consent.

  • TERMINATION

These Terms are effective unless and until terminated by either you or us. You may terminate these Terms at any time by notifying us that you no longer wish to use the Website.

If in our sole judgment you fail, or we suspect that you have failed, to comply with any term or provision of these Terms, including failing to adhere to the Restrictions listed herein, we reserve the right to terminate these Terms, deny you access to the Website, and/or revoke your license to use or otherwise exploit the Artwork in connection with a Decrypt Reward, in addition to any other rights and remedies that may be available to us, whether in equity or at law, all of which we expressly reserve.  

The provisions of these Terms and any applicable Additional Terms, which by their nature should survive termination of your use of the Website and/or ownership of a Decrypt Reward (or any part thereof).

  • GOVERNING LAW

These Terms and any separate agreements whereby we provide you services shall be governed by and construed in accordance with the laws of the State of New York without reference to its conflicts of laws principles.

  • DISPUTE RESOLUTION

PLEASE READ THIS SECTION CAREFULLY – IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS.  IT CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER.

Agreement to Arbitrate 

You and Decrypt agree that any dispute, claim, or controversy between us arising out of or relating to these Terms, the Website, Application, Decrypt Rewards or Artwork (“Disputes”) will be resolved through binding arbitration, except that each party retains the right: (i) to bring an individual action in small claims court (a “Small Claims Action”) and (ii) to seek injunctive or other equitable relief in a court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation, or violation of a party’s copyrights, trademarks, trade secrets, patents, or other intellectual property rights (an “IP Protection Action”). The exclusive jurisdiction and venue of any IP Protection Action will be the state and federal courts located in New York County and Decrypt and you waive any objection to jurisdiction and venue in such courts and consent to their jurisdiction. You agree you may bring arbitration claims only on your own behalf and not on behalf of any other person or entity.

Unless you timely provide us with an Arbitration Opt-out Notice (as defined below in the subsection titled “Your Choices”), you acknowledge and agree that you and Decrypt are each waiving the right to a trial by jury or to participate as a plaintiff or class member in any purported class action or representative proceeding. Further, unless both you and Decrypt otherwise agree in writing, the arbitrator may not consolidate more than one person’s claims and may not otherwise preside over any form of any class or representative proceeding.  

This clause does not limit either party’s ability to file an action in a court with jurisdiction to seek injunctive or other equitable relief for disputes relating to intellectual property, proprietary data, or to enforce this dispute resolution clause, including your agreement not to assert claims related to the suspension or termination of another person’s account. In any such action, the court rather than an arbitrator must decide whether such a claim is arbitrable and must decide whether the party is entitled to the requested injunctive or other equitable relief.

Arbitration Rules

The arbitration will be administered by the American Arbitration Association (“AAA”) in accordance with the Commercial Arbitration Rules and the Supplementary Procedures for Consumer Related Disputes (the “AAA Rules”) then in effect, except as modified by this Dispute Resolution Section. (The AAA Rules are available at https://www.adr.org/mediation or by calling the AAA at 1–800–778–7879.) The Federal Arbitration Act will govern the interpretation and enforcement of this Dispute Resolution Section.

Arbitration Process

A party who desires to initiate arbitration must provide the other party with a written Demand for Arbitration as specified in the AAA Rules (The AAA provides a form Demand for Arbitration). The arbitrator will be either a retired judge or an attorney licensed to practice law and will be selected by the parties from the AAA’s roster of arbitrators. If the parties are unable to agree upon an arbitrator within seven (7) days of delivery of the Demand for Arbitration, then the AAA will appoint the arbitrator in accordance with the AAA Rules.

Arbitration Location and Procedure

Unless you and Decrypt otherwise agree, the arbitration will be conducted in the state where you reside, with the option for you to participate telephonically to the extent the AAA Rules allow. If your claim does not exceed $10,000, then the arbitration will be conducted solely on the basis of the documents that you and Decrypt submit to the arbitrator, unless you request a hearing or the arbitrator determines that a hearing is necessary. If your claim exceeds $10,000, your right to a hearing will be determined by the AAA Rules. Subject to the AAA Rules, the arbitrator will have the discretion to direct a reasonable exchange of information by the parties, consistent with the expedited nature of the arbitration.

Arbitrator’s Decision

The arbitrator will render an award within the time frame specified in the AAA Rules. The arbitrator’s decision will include the essential findings and conclusions which the arbitrator based its award on. Judgment on the arbitration award may be entered in any court having jurisdiction over the arbitration award. The arbitrator’s award of damages must be consistent with the terms of the “Limitation of Liability” subsection of these Terms as to the types and amounts of damages for which a party may be held liable. The arbitrator may award declaratory or injunctive relief only in favor of the claimant and only to the extent necessary to provide relief warranted by the claimant’s individual claim. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses, to the extent provided under applicable law. Decrypt will not seek, and hereby waives all rights it may have under applicable law to recover, attorneys’ fees and expenses if it prevails in arbitration, unless such arbitration is found by the arbitrator to be frivolous under the standards of the Federal Rules of Civil Procedure 11(b) and in that case Decrypt shall be entitled to recover attorneys’ fees in addition to any damages awarded to it.

Fees

If the arbitrator finds that your payment of the administrative and arbitrator fees (excluding any attorney’s fees) under this subsection is a burden on you, we agree to pay those fees for you (but not any attorney’s fees). 

Changes

By rejecting any changes to these Terms, you agree that you will arbitrate any Dispute between you and Decrypt in accordance with the provisions of this Section as of the date you first accepted these Terms (or accepted any subsequent changes to these Terms).

Your Choices

If you do not want to settle Disputes by arbitration as described above, you will notify us by sending us written notice (including by email to editor@decrypt.co) telling us that you do not want to use arbitration, within thirty (30) days of the date on which you agreed to these Terms (such notice, an “Arbitration Opt-out Notice”). If you do not provide us with an Arbitration Opt-out Notice within the thirty (30) day period, you will be deemed to have knowingly and intentionally waived your right to litigate any dispute except for a Small Claims Action and an IP Protection Action as stated above.

Investigations

We reserve the right to investigate and prosecute any suspected breaches of these Terms or the Website. We may disclose any information as necessary to satisfy any law, regulation, legal process, or governmental request.

  • WAIVER OF INJUNCTIVE OR OTHER EQUITABLE RELIEF 

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AGREE THAT YOU WILL NOT BE PERMITTED TO OBTAIN AN INJUNCTION OR OTHER EQUITABLE RELIEF OF ANY KIND, SUCH AS ANY COURT OR OTHER ACTION THAT MAY INTERFERE WITH OR PREVENT THE DEVELOPMENT OR EXPLOITATION OF ANY WEBSITE, APPLICATION, CONTENT, SUBMISSIONS, PRODUCT, SERVICE, OR INTELLECTUAL PROPERTY OWNED, LICENSED, USED OR CONTROLLED BY DECRYPT OR A LICENSOR OF DECRYPT.

  • CHANGES TO TERMS AND TO THE WEBSITE

You can review the most current version of the Terms on the Website.

We reserve the right to update, change, or replace any part of these Terms by posting updates and/or changes to the Website (which constitutes notice to you). It is your responsibility to check the Website periodically for changes. Your continued use of or access to the Website following the posting of any changes constitutes acceptance of those changes.

We may provide patches, updates, or upgrades to the Website that must be installed for you to continue to use the Website. Although we will use commercially reasonable efforts to notify you, we may update the Website remotely without notifying you, and you hereby consent to us applying patches, updates, and upgrades. You acknowledge that your use of the Website does not confer on you any interest, monetary or otherwise, in any aspect or feature of the Website, including but not limited to (where applicable) any rewards, or content (save for where it is your own Submissions). You also acknowledge that any data, customization, or other data related to your use of the Website may cease to be available to you at any time without notice from us, including without limitation after a patch, update, or upgrade is applied by us. We do not have any maintenance or support obligations with respect to the Website.

  • SEVERABILITY

In the event that any provision of these Terms is determined to be unlawful, void, or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms, such determination shall not affect the validity and enforceability of any other remaining provisions.

  • ENTIRE AGREEMENT

These Terms and any policies or operating rules posted by us on the Website or in respect to the Website, Decrypt Rewards, constitutes the entire agreement and understanding between you and us and govern your use of the Website, Decrypt Rewards, superseding any prior or contemporaneous agreements, communications, and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of these Terms).

Any failure by us to exercise or enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

  •  CALIFORNIA RESIDENTS

Residents of California are entitled to the following specific consumer rights information: you may contact the Complaint Assistance Unit of the Division of Consumer Services of the Department of Consumer Affairs by mail at: 1625 North Market Blvd., Suite N 112, Sacramento, California 95834, or by telephone at (916) 445-1254. Their website is located at: http://www.dca.ca.gov.

  • PRIVACY POLICY

For information about our data protection practices, please read our privacy policy available at https://decrypt.co/privacy-policy. This policy explains how we treat your personal information, and how we protect your privacy when you use the Website. You agree to the use of your data in accordance with our privacy policy.