WEBSITE, JOLTIFY PROTOCOL AND JOLTIFY CHAIN TERMS AND CONDITIONS OF USE

1. About the Website

Welcome to Joltify.io and its subdomains such as docs.joltify.io, app.joltify.io etc (the 'Website'). The Website provides access to the Joltify chain ( ‘Joltify’, or 'Joltify Chain', or ‘Joltify Protocol’), a decentralized peer-to-peer blockchain governed by the Joltify Decentralised Autonomous Organisation (‘DAO”) consisting of JOLT token holders (the 'Services'). For the avoidance of doubt, any references to Services also refers to the use of the Joltify Chain. The Services is provided through free, public, and open-source software blockchain,

(a) The Website is operated by DEEP THOUGHT VENTURES 42 INC. (or ‘We’ or ‘Us’ or the 'Company') Access to and use of the Website, or any of its associated Products or Services, is provided by DEEP THOUGHT VENTURES 42 INC. These Terms will bind Joltify DAO and the Company, and all users in relation to their use of the Services and the Website (“User” or “you”), including each of their permitted successors and assigns. Please read these terms and conditions (the 'Terms') carefully. By using the Services, browsing and/or reading the Website, this signifies that you have read, understood and agree to be bound by the Terms. If you do not agree with the Terms, you must cease usage of the Website, or any of Services, immediately.

(b) DEEP THOUGHT VENTURES 42 INC reserves the right to review and change any of the Terms by updating this page at its sole discretion. When DEEP THOUGHT VENTURES 42 INC updates the Terms, it will provide you with reasonable prior notice of updates to the Terms identifying any material updates.. If you do not agree with any updates to the Terms, you should discontinue using the Services, and these Terms will continue to apply in respect of any pending transactions entered into under these Terms.

Additional Terms and Conditions of Use for Borrowers and Issuers shall apply to borrowers and issuers which are available here.

About Joltify protocol

(c) Joltify is a decentralized peer-to-peer blockchain that aims to bridge real world assets to the decentralized finance world. Joltify is a lending platform for lending and borrowing cryptocurrency tokens, such as USDT,Atom, BNB, etc. Joltify is designed to amalgamate liquidity in the crypto world to real world financial assets and lending opportunities. Joltify will allow traditional asset managers and commercial borrowers to tokenise and/or borrow funds or cryptocurrencies, by minting tokens on Joltify (“Products”) and offer real world asset investment opportunities and/or lending opportunities to accredited investors via cryptocurrency and smart contracts or other blockchain technologies.

(d) Blockchain is a rapidly changing technology. The crypto industry also involves rapidly changing business models. We and Joltify DAO reserve the right to make changes to our Services, technology and business models, including but not limited to developing new Products and Services for broad applications, or moving to other blockchains or changing to other blockchain applications completely. We and Joltify DAO will give you reasonable prior notice of any material changes to the Services, our technology or business model, and inform you of any impact of these changes on any transactions entered by you under the Terms. We and Joltify DAO will continue to support any pending transactions entered into in reliance on the Terms notwithstanding any changes to the Services, our business models, or technology. These Terms will continue to apply in respect of any pending transactions entered into under these Terms.

(e)Joltify is using bridge technology developed by the team at DEEP THOUGHT VENTURES 42 INC as part of the Services. This technology is an open-source software licensed under the Apache v2 license and can be used freely by any third parties. The purpose of using the bridge in Joltify is to make it easy to transfer tokens in and out of the platform.

DEEP THOUGHT VENTURES 42 INC may continue to develop and use its bridge technology in other projects that the Company develops. Joltify may not follow all updates to the bridge technology, as its current business model is focused on digital and real-world asset lending. The purpose of Joltify's use of the bridge is not to generate revenue, though it may potentially bring value to JOLT token in other ways.

In the future, Joltify may choose to terminate the use of the Company's bridge in its own chain and instead use bridges from other projects or chains as part of the Services, either from DEEP THOUGHT VENTURES 42 INC or from other third-party projects,softwares or chains, in order to diversify risks and focus on its core business.

2. Acceptance of the Terms

(a) By using of the Website and Services, including by connecting a wallet to the Website or Services, you are agreeing to the Terms as a user of the Website. All Users are subject to our anti-money laundering and counter-terrorism financing procedures, and are subject to know-your-customer and accredited investor checks by the the third party KYC solution providers in the Jotify Chain prior to being approved as an investor or lender for the RWA Lending using the Joltify platform.

(b)Your use of the Website and Services involves various risks, including, but not limited, to losses while digital assets are being supplied to Joltify pools and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool, including Impermanent Loss. Before using any pool on the Joltify blockchain, you should review the relevant documentation on the website to make sure you understand how the Services work, and the pool you use on Joltify works. Additionally, just as you can access email protocols, such as SMTP, through multiple email clients, you can access pools on Joltify through several web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.

(i) you are not of legal age to form a binding contract with DEEP THOUGHT VENTURES 42 INC; or

(ii) you are a person barred from receiving the Services under the laws of British Virgin Islands or other countries including the country in which you are resident or from which you use the Services. or

(iii) you are an investor or lender, incorporated, located or resident in Australia or United States; and

(iv) you have not satisfied all anti-money laundering and counter-terrorism financing procedures, and know-your-customer and accredited investor checks by the the third party KYC solution providers in the Jotify Chain; and

(v) you are otherwise prohibited from using the Services under applicable economic sanctions because your are incorporated, resident or located in any comprehensively sanctioned jurisdiction or listed as a Specially Designated National by the United States Office of Foreign Asset Control (OFAC) or sanctioned under any other applicable sanctions regimes.

(d)WE RESERVE THE RIGHT TO MODIFY THE SERVICES AT ANY TIME, BUT WE HAVE NO OBLIGATION TO UPDATE THE SERVICES. YOU AGREE THAT IT IS YOUR RESPONSIBILITY TO MONITOR CHANGES TO THE SERVICES THAT MAY AFFECT YOU. YOU AGREE THAT WE MAY REMOVE THE SERVICES AND/OR ANY CONTENT THEREON FOR INDEFINITE PERIODS OF TIME OR CANCEL THE SERVICES AT ANY TIME, WITHOUT NOTICE TO YOU.

3. Registration to use the Services

(a) In order to access some of the Services that are regulated either as accredited investor, lender, borrower or issuer, you must first register for an account through the Website (the ‘Account’).

(b) As part of the registration process, or as part of your continued use of the Services, you may be required to provide personal information about yourself (such as identification or contact details), including:

(i) Email address

(ii) Preferred username

(iii) Real name

(iv) Mailing address

(v) Telephone number

(vi) Password

(vii) Official identification documents and proof of address

(viii) Tax identification numbers

(c) You warrant that any information you give to DEEP THOUGHT VENTURES 42 INC in the course of completing the registration process will always be accurate, correct and up to date.

4. Your obligations as a User

(a) As a User, you agree to comply with the following:

(i) you will use the Services only for purposes that are permitted by:

(A) the Terms; and

(B) any applicable law, regulation or generally accepted practices or guidelines in the relevant jurisdictions;

(ii) you have the sole responsibility for protecting the confidentiality of your password and/or email address. Use of your password by any other person may result in the immediate cancellation of the Services;

(iii) any use of your registration information by any other person, or third parties, is strictly prohibited. You agree to immediately notify DEEP THOUGHT VENTURES 42 INC of any unauthorised use of your password or email address or any breach of security of which you have become aware;

(iv) access and use of the Website is limited, non-transferable and allows for the sole use of the Website by you for the purposes of DEEP THOUGHT VENTURES 42 INC providing the Services;

(v) you will not use the Services or the Website in connection with any commercial endeavours except those contemplated by these Terms or that are specifically endorsed or approved by the management of DEEP THOUGHT VENTURES 42 INC;

(vi) you will not use the Services or Website for any illegal and/or unauthorised use which includes:

(A) collecting email addresses of Users by electronic or other means for the purpose of sending unsolicited email or unauthorised framing of or linking to the Website

(B) use any device, software, or routine that interferes with the proper working of the Website.

(C) introduce any viruses, malware, Trojan horses, worms, logic bombs, malicious code, or other material that is malicious or technologically harmful.

(D) attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Website, the server on which the Website is stored, or any server, computer, or database connected to the Website or Services, including any underlying blockchain.

(E) violate the legal rights (including the rights of publicity and privacy) of others or contain any material that could give rise to any civil or criminal liability under applicable laws or regulations or that otherwise may be in conflict with these Terms and our Privacy Policy.

(F) attack the Website via a denial-of-service attack or a distributed denial-of-service attack.

(G) otherwise attempt to interfere with the proper working of the Website or Services;

(vii) you agree that commercial advertisements, affiliate links, and other forms of solicitation posted by you to the Website may be removed from the Website without notice and may result in termination of your use of the Services. Appropriate legal action will be taken by DEEP THOUGHT VENTURES 42 INC for any illegal or unauthorised use of the Website; and

(viii) you acknowledge and agree that any automated use of the Website or its Services is prohibited.

(ix) To access the Website, Services or some of the resources it offers, the User may be asked to utilize certain Web3 capabilities, such as MetaMask, Keplr or another crypto-asset wallet capable of interacting with the User’s web browser (“Web3 Utilities”). It is a condition of the User’s use of the Website and Services that you only operate such Web3 Utilities with a private key(s) that the User created or has the direct, explicit permission of the party who created the relevant private key(s). The User agrees that all information it provides to interact with the Website, Services or otherwise, including, but not limited to, through the use of any interactive features on the Website, is governed by our Privacy Policy, and the User consents to all actions we take with respect to the User’s information consistent with our Privacy Policy.

(viii) If the User utilizes a Web3 Utility that relies on a username, password, private key, or any other piece of information as part of its security procedures, the User must treat such information as confidential, and the User must not disclose that information to any other person or entity. The User also acknowledges that any identity linked to its Web3 Utility is personal to the User and agrees not to provide any other person with access to such identity while using this Website or portions of it using its Web3 Utility. The User also agrees to ensure that it will lock or otherwise prevent its Web3 Utility from unauthorized use on this Website at the end of each session. The User should use particular caution when accessing the Website from a public or shared computer so that others are not able to view or record the User’s password, private key, or other personal information.

(ix) We have the right to disable any identity associated with a Web3 Utility (such as that represented by a public address) on the Website or to block any IP address from accessing the Website at any time in our sole discretion if, in our opinion, the User or that identity has materially violated any material provision of these Terms and to comply with our obligations under anti-money laundering and counter-terrorism financing or other applicable laws.

5. Payment

(a) There are fees associated with using the Services, such as service fees, gas fees, bridge fees, etc. which will be published on the Website or shown prior to transacting using the Services ("Service Fees"). A portion of the interest income or distribution returns payable to investors or lenders will be deducted as Service Fees payable to the Joltify DAO community treasury, chain liquidity providers, and validators, all or some of which will then be used to purchase JOLT tokens for burning. DEEP THOUGHT VENTURES 42 INC does not charge any fees for the Services and Website. DEEP THOUGHT VENTURES 42 INC may participate as a validator and liquidity provider to earn fees, just like all other decentralized participants.

(b)You acknowledge and agree that where a request for the payment of the Services Fee is returned or denied, for whatever reason, by your payment service provider or is unpaid by you for any other reason, then you are liable for any costs, including transaction fees and charges, associated with the Services Fee.

6. Refund Policy

(a) Please note that any Services Fee is non-refundable. DEEP THOUGHT VENTURE 42 INC does not receive any Services Fee for any transactions, the Services, or the Website.

7. Copyright and Intellectual Property

(a)The Website, the Services and all of the related Products of DEEP THOUGHT VENTURES 42 INC are subject to copyright. The material on the Website is protected by copyright under the laws of British Virgin Islands and through international treaties. Unless otherwise indicated, all rights (including copyright) in the Services and compilation of the Website (including but not limited to text, graphics, logos, button icons, video images, audio clips, Website code, scripts, design elements and interactive features) or the Services are owned or controlled for these purposes, and are reserved by DEEP THOUGHT VENTURES 42 INC or its contributors.

(b) All trademarks, service marks and trade names are owned, registered and/or licensed by DEEP THOUGHT VENTURES 42 INC, who grants to you a worldwide, non-exclusive, royalty-free, revocable license whilst you are a User to:

(i) use the Services and the Website pursuant to the Terms;

(ii) copy and store the Website and the material contained in the Website in your device's cache memory; and

(iii) print pages from the Website for your own personal and non-commercial use.

DEEP THOUGHT VENTURES 42 INC does not grant you any other rights whatsoever in relation to the Website or the Services. All other rights are expressly reserved by DEEP THOUGHT VENTURES 42 INC.

(c) DEEP THOUGHT VENTURES 42 INC retains all rights, title and interest in and to the Website and all related Services. Nothing you do on or in relation to the Website will transfer any:

(i) business name, trading name, domain name, trade mark, patent, registered design or copyright, or

(ii) a right to use or exploit a business name, trading name, domain name or trade mark or or

(iii) a thing, system or process that is the subject of a patent, registered design or copyright (or an adaptation or modification of such a thing, system or process),

to you.

(d) You may not, without the prior written permission of DEEP THOUGHT VENTURES 42 INC and the permission of any other relevant rights owners: broadcast, republish, up-load to a third party, transmit, post, distribute, show or play in public, adapt or change in any way the Services or third party Services for any purpose, unless otherwise provided by these Terms. This prohibition does not extend to materials on the Website, which are freely available for re-use or are in the public domain.

8. Privacy

(a) DEEP THOUGHT VENTURES 42 INC takes your privacy seriously and any information provided through your use of the Website and/or Services are subject to DEEP THOUGHT VENTURES 42 INC's Privacy Policy.

9. General Disclaimer

(a) Subject to our obligations under clause 1 of the Terms, we may update the content on, design of, or functionalities and Services available through this Website from time to time without notice, but the Website is not necessarily complete or up-to-date. Any of the material on the Website may be out of date or not accurate at any given time, and we are under no obligation to update such material and no guarantee, representation or warranty is made as to its accuracy or completeness.

By using Joltify, you understand and agree that DEEP THOUGHT VENTURES 42 INC and Joltify DAO are not affiliated with or have any control over the project vehicles offering investment or lending opportunities on the platform. It is essential for users to carefully and thoroughly review all project documents before making any investment decisions or signing any agreements. Users are responsible for comprehending the contents of these documents and making well-informed choices regarding their investments.

The Issuer or borrower holds the responsibility of ensuring that the documents submitted for approval by Joltify DAO are identical to the ones provided to investors or lenders. This is done to prevent any misleading information or inconsistencies between the approved documents and those presented to potential investors or lenders.

As a decentralized autonomous organization, Joltify DAO lacks the means to independently verify the accuracy and consistency of the investment documents. As such, you acknowledge that Joltify DAO is not responsible for the content nor accuracy of the investment documents, and bears no liability for any loss caused by any deficiency in the documents. The DAO's involvement is based solely on good intentions and pre-screening of Real World Asset (RWA) projects on the Joltify chain. However, please note that Joltify DAO cannot guarantee anything and bears no responsibility in regards of the investments or related documents.

(b) Subject to this clause, and to the extent permitted by law:

(i) all terms, guarantees, warranties, representations or conditions which are not expressly stated in the Terms are excluded; and

(ii) Neither DEEP THOUGHT VENTURES 42 INC or any user will not be liable for any special, indirect or consequential loss or damage (unless such loss or damage is reasonably foreseeable resulting from our failure to meet any applicable consumer guarantee), loss of profit or opportunity, or damage to goodwill arising out of or in connection with the Services or these Terms (including as a result of not being able to use the Services or the late supply of the Services), whether at common law, under contract, tort (including negligence), in equity, pursuant to statute or otherwise.

(c) Use of the Website and the Services is at your own risk. Everything on the Website and the Services is provided to you “as is” and “as available” without warranty or condition of any kind. Although DEEP THOUGHT VENTURES 42 INC developed much of the initial code for the Joltify protocol, it does not provide, own, or control the Joltify protocol, which is run by a decentralized validator set. Upgrades and modifications to the protocol are managed in a community-driven way by holders of the Joltify governance token subject to clause 1 of these Terms.

No developer or entity involved in creating the Joltify protocol will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of the Joltify protocol, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.

None of the affiliates, directors, officers, employees, agents, contributors and licensors of DEEP THOUGHT VENTURES 42 INC make any express or implied representation or warranty about the Services or any Products or Services (including the Products or Services of DEEP THOUGHT VENTURES 42 INC) referred to on the Website. This includes (but is not restricted to) loss or damage you might suffer as a result of any of the following:

(i) failure of performance, error, omission, interruption, deletion, defect, failure to correct defects, delay in operation or transmission, computer virus or other harmful component, loss of data, communication line failure, unlawful third party conduct, or theft, destruction, alteration or unauthorised access to records;

(ii) the accuracy, suitability or currency of any information on the Website, the Services, or any of its Services related Products (including third party material and advertisements on the Website);

(iii) costs incurred as a result of you using the Website, the Services or any of the products of DEEP THOUGHT VENTURES 42 INC; and

(iv) the Services or operation in respect to links which are provided for your convenience.

(d) Nothing contained in this Website is to be construed as a solicitation or offer, or recommendation, to buy or sell any interest in any note or other security, or to engage in any other transaction, and the content herein does not constitute, and should not be considered to constitute, an offer of securities. No statement herein made constitutes an offer to sell or a solicitation of an offer to buy a note or other security. Issuers and borrowers have full responsibility for all information on this Website provided and maintained by the issuer or borrower of the respective investment pool or loan proposal. Please contact the respective issuer or borrower in case of any inquiries. We and our affiliates are not liable nor responsible for the information provided hereby.

Before investing in any of the investment pools or entering into any loan, please check the issuer or borrower’s offering materials and subscription documents including the executive summary to understand the terms, conditions, and risks of each pool or loan. The issuer or borrower provides risk factors which are important to understand when you consider whether to invest in a pool or lend to a borrower. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content before making any decisions based on such information or other content.

The investment protocol is rewarding every loan or investment daily in a form of cryptocurrency, including stablecoins or JOLT token, the Joltify protocol’s native token. Note that these are rewards from the protocol for providing liquidity to the ecosystem independent from the pool, its issuers, their asset originators, any loan or any of our entity. There is no guarantee that an investor or lender will receive those rewards.

10. Limitation of liability

(a) DEEP THOUGHT VENTURES 42 INC's total liability arising out of or in connection with the Services or these Terms, however arising, including under contract, tort (including negligence), in equity, under statute or otherwise, will not exceed the resupply of the Services to you to the extent that it does not involve replacing any digital or real world assets.

(b) You expressly understand and agree that DEEP THOUGHT VENTURES 42 INC, its affiliates, employees, agents, contributors and licensors shall not be liable to you for any direct, indirect, incidental, special consequential or exemplary damages which may be incurred by you, however caused and under any theory of liability in connection with the Services, Products or these Terms. This shall include, but is not limited to, any loss of profit (whether incurred directly or indirectly), any loss of goodwill or business reputation and any other intangible loss.

(c) To the maximum extent permitted by law, the User agrees that the User will not be permitted to obtain an injunction or other equitable relief of any kind, such as any court action that may prevent the development or operation of the Website or Services.

(d) The provision of the Website or Services are not intended to create any fiduciary duties between us and the User or any third-party. To the fullest extent permissible by law, the User agrees that neither the User’s use of the Website or Services causes us or any party to owe fiduciary duties to the User or any third party. Further, the User acknowledges and agrees to the fullest extent such duties or liabilities are afforded by law or by equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated, and that we and any other parties shall be held completely harmless in relation thereof. To the fullest extent permissible by law, the User further agrees that the only duties and obligations that we or any party owes the User, and the only rights the User has related to this Terms or the User’s use of the Website or Services, are those set out expressly in this Terms. For the avoidance of doubt, this does not exclude any mandatory obligations which we may have under applicable laws.

11. Termination of Contract

(a) The Terms will continue to apply until terminated by either you or by DEEP THOUGHT VENTURES 42 INC as set out below.

(b) You may terminate the Terms at any time by ceasing all access to the Website or the Services.

(i) you are in material breach of any material provision of the Terms and such breach is not remedied within 30 days of the User being notified of the same or is otherwise incapable of being remedied;

(ii) DEEP THOUGHT VENTURES 42 INC is required to do so by law;

(iii) the provision of the Services to you by DEEP THOUGHT VENTURES 42 INC is, in the opinion of DEEP THOUGHT VENTURES 42 INC, no longer commercially viable.

(d) Subject to local applicable laws, DEEP THOUGHT VENTURES 42 INC reserves the right to suspend or deny, in its sole discretion, your access to all or any portion of the Website or the Services without notice if you materially breach any material provision of the Terms or any applicable law or if your conduct impacts DEEP THOUG’T VENTURES 42 INC's name or reputation or violates the rights of those of another party.

12. Indemnity

(a) You agree to indemnify DEEP THOUGHT VENTURES 42 INC, its affiliates, employees, agents, contributors, third party content providers and licensors from and against:

(i) all actions, suits, claims, demands, liabilities, costs, expenses, loss and damage (including legal fees on a full indemnity basis) incurred, suffered or arising out of or in connection with your content;

(ii) any direct or indirect consequences of you accessing, using or transacting on the Website or attempts to do so; and/or

(iii) any breach of the Terms.

13. Dispute Resolution

(a) Compulsory:

If a dispute arises out of or relates to the Terms, either party may not commence any Tribunal or Court proceedings in relation to the dispute, unless the following clauses have been complied with (except where urgent interlocutory relief is sought).

(b) Notice:

A party to the Terms claiming a dispute ('Dispute') has arisen under the Terms, must give written notice to the other party detailing the nature of the dispute, the desired outcome and the action required to settle the Dispute.

On receipt of that notice ('Notice') by that other party, the parties to the Terms ('Parties') must:

(i) Within 30 days of the Notice endeavour in good faith to resolve the Dispute expeditiously by negotiation or such other means upon which they may mutually agree;

(ii) If for any reason whatsoever, 30 days after the date of the Notice, the Dispute has not been resolved, the Parties must either agree upon selection of a mediator or request that an appropriate mediator be appointed by the Joltify DAO of the or his or her nominee;

(iii) The User is liable for the fees and reasonable expenses of a mediator and the cost of the venue of the mediation and without limiting the foregoing undertake to pay any amounts requested by the mediator as a pre-condition to the mediation commencing. The User must pay for costs associated with the mediation, including for DEEP THOUGHT VENTURES 42 INC;

(iii) The mediation will be held in British Virgin Islands.

(d) Confidential:

All communications concerning negotiations made by the Parties arising out of and in connection with any mediation under this dispute resolution clause are confidential and to the extent possible, must be treated as "without prejudice" negotiations for the purpose of applicable laws of evidence.

(e) Termination of Mediation:

If 30 days have elapsed after the start of a mediation of the Dispute and the Dispute has not been resolved, either Party may ask the mediator to terminate the mediation and the mediator must do so.

14. Venue and Jurisdiction

(a) You are not permitted to use the Services if you are incorporated, resident or located in any countries where the Services are illegal or which are subject to comprehensive economic sanctions, such as Crimea, Donetsk, or Luhansk regions of Ukraine, Russia or the nations of Iran, North Korea, Cuba, Syria, Sudan, or if the User is otherwise subject to economic sanctions or listed as a Specially Designated National by the United States Office of Foreign Asset Control (OFAC) or sanctioned under any other applicable sanctions regimes.

(b) In the event of any dispute arising out of or in relation to the Website, you agree that the exclusive venue for resolving any dispute shall be in the courts of British Virgin Islands.

15. Governing Law

(a) The Terms are governed by the laws of British Virgin Islands. Any dispute, controversy, proceeding or claim of whatever nature arising out of or in any way relating to the Terms and the rights created hereby shall be governed, interpreted and construed by, under and pursuant to the laws of British Virgin Islands, without reference to conflict of law principles, notwithstanding mandatory rules. The validity of this governing law clause is not contested. The Terms shall be binding to the benefit of the parties hereto and their successors and assigns.

16. Independent Legal Advice and Acknowledgement

(a) Both parties confirm and declare that the provisions of the Terms are fair and reasonable and both parties having taken the opportunity to obtain independent legal advice.

(b) User acknowledges that Blockchains and smart contracts are still emerging technologies that carry a relatively high amount of foreseeable and unforeseeable risk from security, financial, technical, political, social, and personal safety standpoints. For example, User’s assets interacting with the Services may be vulnerable to hacking events, including Bridge Risks described in (c). The mere access to and interaction with blockchains and smart contracts requires a high degree of skill and knowledge to operate with a relative degree of safety and proficiency. Crypto-assets are highly volatile in nature due to many diverse factors, including (without limitation) use and adoption, speculation, manipulation, technology, security, and legal and regulatory developments and application. Further, the speed and cost of transacting with cryptographic technologies (such as blockchains) is variable and highly volatile. Moreover, the transparent nature of many blockchains means that any interactions the User has with the Website may be publicly visible and readable in human form.

(c)Decentralized management accounts in both public chains and Joltify are shared by all Users. While this adds liquidity to the bridge, it also increases the risk of the bridge being hacked or suffering from other issues (“Bridge Risks”). Building a bridge between different chains is a complex task, and the rapidly changing nature of blockchain technology adds to the difficulty. For example, transferring tokens between chains does not physically move tokens from one chain to another, but involves locking tokens in one chain and releasing tokens in another chain, i.e. tokens are pooled rather than atomic stored. Despite this, the bridge is a crucial function in connecting different chains, as without it, block chains are like isolated islands. We will take all necessary measures to protect the safety of the accounts and the bridge, but there is no guarantee that the bridge will be completely risk-free. Users should be aware that they bear the risks of hacking, chain breaks, liquidity crunches, and other issues if they choose to use the bridge as part of the Services and Joltify chain.

(d) By accessing and using the Website and Services, the User acknowledges the foregoing and agrees and represents that it understands such and other risks involved with blockchains and the Website. The User further represents that it has all knowledge sufficient to work, and is informed of all foreseeable risks, and the possibility of unforeseeable risks, associated with blockchains, crypto-assets, Web3 Utilities, smart contracts, and the Website. The User further acknowledges that any crypto-assets the User places or uses within the Website may increase or decrease in value rapidly while they are involved with the Website, or be obtained by other parties or otherwise lost in ways the User may or may not currently foresee (possibly to the User’s severe harm or detriment). The User agrees that we are not responsible for any of these (or related) risks, do not own or control the Joltify Protocol, and cannot be held liable for any resulting harms, damages, or losses incurred by or against the User experiences while accessing or using the Website. Accordingly, the User acknowledges the foregoing, represents its understanding of the foregoing, and agrees to assume full responsibility for all the foregoing risks associated with accessing and using the Website and interacting with the Services.The User further expressly waives and releases us from any and all liability, claims, causes of action, or damages arising from or in any way relating to the User’s use of the Website and Services. If the User is a California resident, the User waives the benefits and protections of California Civil Code § 1542, which states: “[a] general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.”

(e) By accessing and using the Website and Services, the User represents that they are eligible use the Services in accordance with clause 2 and are not otherwise prohibited from using the Website or the Services under applicable laws including any applicable laws or regulations imposing economic sanctions.

17. Entire Agreement

(a) The Terms and any document incorporated by reference herein constitute the sole and entire agreement between the User and Us regarding the Website and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Website and Services.

18. Severance

(a) If any part of these Terms is found to be void or unenforceable by a Court of competent jurisdiction, that part shall be severed and the rest of the Terms shall remain in force.

19. Assignment

(a) The Terms may be assigned without your prior consent to any DEEP THOUGHT VENTURES 42 INC associate, or to its successors in the interest of any business associated with the Services provided by us. You may not assign or transfer any rights or obligations under the Terms.

20. Waiver of Injunctive or Other Equitable Relief.

(a)USER IRREVOCABLY WAIVES ANY RIGHT USER MAY HAVE TO SERVE AS A REPRESENTATIVE OR AS A PRIVATE ATTORNEY GENERAL, OR TO PARTICIPATE AS A MEMBER OF A CLASS OF CLAIMANTS, IN ANY LAWSUIT, ARBITRATION OR OTHER PROCEEDING AGAINST ANY US, JOLTIFY DAO AND ANY OF OUR ASSOCIATES ARISING FROM, RELATED TO OR CONNECTED WITH THIS AGREEMENT, OR ANY SERVICE OR PRODUCT.

(b) 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 THE SERVICES, OR ANY OTHER WEBSITE, APPLICATION, CONTENT, SUBMISSION, PRODUCT, SERVICE, OR INTELLECTUAL PROPERTY OWNED, LICENSED, USED OR CONTROLLED BY ANY DEEP THOUGHT VENTURES 42 INC INDEMNIFIED PARTY.

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