Legal Notice

What is in these terms

These terms tell you the rules for using our website https://myspes.org and all sub-domains linked to it.

By using this site you accept these terms

By using our site, you confirm that you accept these terms of use and that you agree to comply with them.

If you do not agree to these terms, you must not use our site.

We recommend that you print a copy of these terms for future reference.

DISCLAIMER OF LIABILITY

To the maximum extent permitted by the applicable laws, regulations and rules, SpesCoin, it’s developers or contributors shall not be liable (now or in future) for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of or reliance on this Whitepaper or any part thereof by you. This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or acquire SpesCoins. SpesCoin (hereon in referred to as SpesCoin) recommends that you seek independent professional advice before acting on any information contained in this document or refrain from acting on the basis of information contained in this document. The content does not constitute any form of advice or recommendation by SpesCoin, it’s developers or contributors.

At the moment SpesCoins are not a legal form of tender and do not represent money.

Security

The contributor is responsible for implementing reasonable and appropriate measures to secure the wallet or other storage mechanism used to receive and store SpesCoin. In the event the contributor in unable to access their wallet or storage mechanism, they may lose all of their SpesCoins. SpesCoin is not responsible for any security measures relating to the storage and access of SpesCoins and shall not be responsible for recovering any such SpesCoins.

Limitation of Liability

To the fullest extent permitted by applicable law, the Contributor disclaims any right or cause of action against SpesCoin and its developers of any kind in any jurisdiction that would give rise to any damages whatsoever, on the part of SpesCoin and its developers.

To the maximum extent permitted by applicable laws, regulations and rules, SpesCoin shall not be liable for any direct, indirect, special, consequential or other losses of any kind (including but not limited to a loss in revenue, profits and loss of use or data), arising out of or in connection with SpesCoin platform, systems and storage of SpesCoins.

The limitations set out above will not exclude liability for gross negligence, fraud or intentional or willful misconduct.

Different limitations and exclusions of liability will apply to any liability arising as a result of the supply of any products or services to you, which are set out in our Terms and Conditions for the Provision of Services and Digital Content.

Please note that we only provide our site for private use. You agree not to access our site for any commercial or business purposes, and we have no liability to you for any loss of profit, loss of business, business interruption, or loss of business opportunity.

Risks

The SpesCoin and the underlying software are still in the early development stage. There is no warranty or assurance that the process of SpesCoins be uninterrupted or error-free and there is a risk that the software may contain defects, weakness, vulnerabilities, or bugs which could cause the loss of contributions and/or SpesCoins.

The regulatory status of distributed ledger technology is unclear or unsettled in many jurisdictions. It is unclear how any jurisdictions may apply current regulation to this type of technology and its applications. It is also unclear how or whether any jurisdictions will implement new legislation relating to distributed ledger technology. Any such changes in legislation or application of law could negatively impact SpesCoin. SpesCoin may cease operation in certain jurisdictions in the event that regulatory actions, changes in law or regulation make it undesirable or illegal for SpesCoin to operate in that Jurisdiction.

The SpesCoin system may require modifications if certain jurisdictions apply existing regulations or introduce new regulations addressing the technology used to create SpesCoins.

There is no guarantee or assurance that you will receive any benefits through the coins you hold. A lack of public interest, funding, and commercial success could lead to the abandonment of the creation and distribution of the SpesCoins.

If the contributor’s private key or passwords for their SpesCoin wallet containing SpesCoins are lost or stolen, the SpesCoins will permanently be lost. Any third party that gains access to the Contributors private key may be able to misappropriate the Contributors coins.

The SpesCoin system, the underlying software application, the SpesCoin website (www.spescoin.org) and the SpesCoin main pool platform may be exposed to attacks by hackers or other individuals including, but not limited to malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Any such successful attacks could result in loss of SpesCoins, adversely affecting SpesCoin and our ability to develop the platform and derive usage or functionality from coins. Spescoin will do everything in it’s power to prevent such situations from arising.

The SpesCoin platform is still in development stage and will need to go through substantial development work. It may go through significant conceptual, technical and commercial changes before release. As a part of the development, the SpesCoin may require an upgrade. If the contributor decides not to participate in such upgrade, the contributor may no longer be able to use their SpesCoins and any non-upgraded coins may lose their functionality.

SpesCoins contain no governance rights. All decisions involving SpesCoin will be made by SpesCoin acting in its sole and absolute discretion including but not limited to, decisions to discontinue the SpesCoin platform or to sell or liquidate SpesCoin. SpesCoin does not guarantee that decisions made will not adversely affect the SpesCoin platform and/or the SpesCoins held by contributors.

These Terms and any dispute or claim arising out of or in connection with their subject matter or formation (including non-contractual disputes and claims) shall be governed by and construed in accordance with the laws of Republic of Ireland.

You represent and warrant that you will not use the SpesCoins to finance, or engage in, or otherwise support any unlawful activities.