Terms of Service

1. Acceptance of Terms of Service

By accessing or using any website, network, product, or service operated or provided by SEDA (hereinafter referred to as “SEDA”, “we”, “us”, or “our”), including, without limitation, the website located at seda.xyz and all associated domains or subdomains (collectively, the “Websites”), the SEDA network, and any of our existing and future products, services and features that we may add to the SEDA network and/or our services over time, now or in the future (collectively, the “Services”), you or the organisation or other legal entity that you are authorized to represent or with which you are affiliated (hereinafter “you” or “your”), acknowledge that you have read, understood, and agree to be legally bound by the latest version of these Terms of Service, together with any documents and additional terms incorporated by reference (collectively, these “Terms”).

Please read these Terms carefully as they govern your access to and use of our Websites, the SEDA network and our Services, and describe your rights and obligations, and SEDA’s disclaimers and limitations of liability. If you do not agree with all of these Terms, then you are expressly prohibited from accessing or using the SEDA network or our Services for any purpose, and you must discontinue access or use immediately. You agree to access or use the SEDA network or our Services only for lawful purposes and in accordance with these Terms. You shall not access or use the SEDA network or our Services for any illegal purpose or to violate any applicable laws or regulations or from any jurisdiction in which such access or use would be unlawful or against applicable regulations.

We reserve the right, in our sole discretion, to make changes or modifications to these Terms at any time and for any reason. We will alert you about any changes by updating the “Last updated” date of these Terms, and you waive any right to receive specific notice of each such change. Please ensure that you check the applicable Terms every time you access or use SEDA so that you understand which Terms apply. You will be subject to, and will be deemed to have been made aware of and to have accepted the changes in any revised Terms by your continued access or use of the Websites or Services after the date such revised Terms are posted. Modifications shall take effect immediately upon posting on our Websites. If you do not agree to the revised Terms, you must discontinue access or use the SEDA network and our Services.

2. Usage and Modification of Services

We reserve the right, at any time and from time to time, to modify, suspend, or discontinue, temporarily or permanently, any part of the Services, with or without notice, for any reason whatsoever. This includes, without limitation, changes to features, functionality, or pricing. To the extent permitted by applicable law, we shall not be liable to you or to any third-party for any modification, price change, suspension, or discontinuance of our Services. Access to certain Services may require payment and/or execution of an order form or other agreement with SEDA, and may be subject to additional terms and conditions.

You agree that you are solely responsible for your use of the SEDA network, infrastructure, Websites, and Services, and for any and all acts and omissions that occur with regard to your access or use thereof. You acknowledge that SEDA and all its Services are intended solely as neutral technical infrastructure to support data interoperability between offchain and/or onchain environments, and may require integration with or reliance upon Third-Party Services. For the purpose of these Terms, “Third-Party Services” means any services, data, content, infrastructure, software, protocols, platforms, networks, smart contracts, applications, APIs, payment processors, websites, tools, or other products or services that are not owned, operated, or controlled by SEDA, but may be integrated with, relied upon by, made available through, referenced by, or interoperable with the SEDA Network or Services by users or third parties.

SEDA is a decentralized network. As such, we have no control over the SEDA network. Specifically, we cannot control activity taking place on or data transitioning through the SEDA network, nor can we control the activities of any user or Third-Party Services who may access, use, or further develop the SEDA network. You are responsible for verifying the quality, legality, licensing, and accuracy of the data that you access or use through the SEDA network or through our Services.

You agree to use the Services solely for lawful purposes and in accordance with these Terms. Misuse, including but not limited to unauthorized access, reselling, sublicensing, reverse engineering, modifying, bypassing security features, or distribution of harmful content, is strictly prohibited. In any case of suspected misuse, including but not limited to illegal content, legal violations, breach of security obligations, or unauthorized access, we reserve the right to suspend or terminate Services, and/or initiate civil or criminal action.

You are responsible for maintaining compatible infrastructure, ensuring qualified personnel operate the Services, preventing misuse or damage to the SEDA network, and notifying us of any material changes impacting your access or use of the SEDA network or Services. You must also ensure that integration with Third-Party Services is compliant with applicable laws and regulations, and does not compromise the integrity of the network or Services.

3. Paid Services

By accessing or subscribing to any Services that require payment (“Paid Services”), you agree to the applicable fees and terms stated in the relevant documentation or subscription plan.

Unless stated otherwise in writing, any termination or cancellation of Paid Services by you shall require at least thirty (30) days’ prior written notice to SEDA.

When subscribing or making payments through Third-Party Services, you acknowledge that such providers act independently from SEDA and you agree to be bound by their terms. SEDA shall not be responsible or liable for any acts, omissions, or payment errors caused by Third-Party Services.

4. Confidentiality

You agree to not disclose any non-public, proprietary or sensitive information, including but not limited to business, technical or material secrets, financials, intellectual property, partner data, or operational information related to SEDA (“Confidential Information”), without our prior written consent.

5. Publicity

You may not use SEDA’s name, logo, marks, or refer to or identify SEDA in any advertising, marketing, or public communication without our prior written consent. However, unless you explicitly opt out in writing, you agree that we may include your name and logo in our published list.

6. Content Ownership and Intellectual Property

You are solely responsible for any content, data, or other material that you submit, publish, transmit, or display on, through, or with the SEDA network or Services. You may provide us with feedback, suggestions, or ideas about the Services. You agree that SEDA owns all rights to use and incorporate the feedback you provide in any way, including in future enhancements and modifications to Services, without any obligation of compensation or attribution to you.

SEDA owns the Websites and the Services, and retains all rights, title, and interest in and to its technology, software, services, trademarks, documentation, proprietary content, and all related intellectual property, including any derivative works. No rights are granted to you except as expressly stated in these Terms or in the relative license. You agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the SEDA network and Services, use of the Services, or access to the Services without our express written consent. You may not create, design, or modify another service, product, or website so as to falsely imply that it is associated with SEDA.

All rights related to the name “SEDA”, the SEDA logo, and any other product or service name or slogan displayed on the Services are reserved and owned by SEDA. The name “SEDA”, the SEDA logo and any other product or service name or slogan displayed on the service may not be copied, imitated, or used, in whole or in part, without our prior written consent.

7. Data Privacy and Security

You agree not to use the SEDA network and our Services to divulge, store, or otherwise process sensitive information where unauthorized disclosure, access, or loss could cause material, severe, or irreparable harm or impact to any data subjects or third party. Sensitive information includes, but is not limited to credit card information, passport numbers, government issued identification numbers, financial account information, real time geolocation and personally identifiable information (i.e., information that could be used on its own to directly identify, contact, or precisely locate an individual). You agree to comply with all applicable laws including all privacy and data protection regulations.

Please refer to our Privacy Policy, for information on how we collect, use, share or otherwise process information about you.

8. Your Representations and Warranties

By accessing or using the SEDA network, Websites, or our Services, you represent, warrant and agree that: (a) you have full legal capacity, authority, and right to enter into, comply with, and perform your obligations under these Terms on your own behalf or on behalf of any legal entity you represent; (b) you will ensure that all information that you provide is current, complete, and accurate at all times; (c) you will only access or use the SEDA network, Websites, and Services for lawful purposes and in accordance with these Terms; (d) you are not subject to, located, incorporated, or doing business in a jurisdiction or geographic area in which the access or use of the SEDA network or our Services would be illegal or otherwise violate any law or regulation, or would require SEDA to obtain any governmental authorization, nor are you subject to, incorporated or located in a geographic territory that is subject to embargoes or economic sanctions, nor are you acting on behalf of any individual or entity listed on any sanctions, watchlist, or prohibited persons list maintained by any competent authority; (e) you will comply with all applicable law and regulations, and will not violate any such applicable laws or regulations, including but not limited to anti-money laundering and counter-terrorist financing laws, sanctions regimes, financial services laws, securities laws, commodities laws, intellectual property laws, gambling restrictions, and privacy and data protection laws; (f) you will not infringe on or misappropriate any third-party rights, including but not limited to intellectual property rights, any unauthorized use of data, breaches of third party terms, or committing tort while using SEDA or our Services; (g) you will not attempt to bypass or compromise any security measures that we employ, or attempt to access Services or data that you are not authorized to access; (h) you are solely responsible for ensuring that your access to and use of the Services (and any access and use by your end users) is lawful in all applicable jurisdictions; (i) you have the necessary expertise and ability to assess and assume the risks associated with SEDA, the SEDA network, the Services or the SEDA network’s native utility token, that you decide to acquire, sell or use on your own risk, and you assume full responsibility for all related activities, including any resulting losses or damages; (j) you have the knowledge, experience, understanding, professional advice and information to make your own evaluation of the merits, risks and applicable compliance requirements under applicable law and regulations with your access and use of SEDA, its technology and tokens; (k) you have conducted your own due diligence prior to accessing and using the SEDA network and our Services, and you are not relying on SEDA for any investment, financial, legal, or tax advice; (l) you assume full responsibility for the access to, use and any misuse of the SEDA network and our Services; (m) you undertake to maintain the security of your own systems and services in line with appropriate technical standards; (n) you will not access or use SEDA or Services in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying SEDA and Services, or that could damage, disable, overburden, or impair the functioning of the SEDA network or Services in any manner; (o) you will not access or use SEDA or Services for purposes of benchmarking, competitive analysis, reverse engineering, or to develop, commercialize, license, or sell any product, service or technology that could, directly or indirectly, compete with SEDA; (p) you will not introduce any harmful code, malware, virus or other harmful or unauthorized material into SEDA or Services, or use SEDA to transmit such material; you will not post content or data on or through SEDA that are, in our sole discretion, defamatory, libelous, obscene, pornographic, indecent, harrassing, hateful, fraudulent, misleading, deceptive, offensive, discriminatory, or otherwise objectionable or in violation of any community guidelines or applicable law.

You further represent, warrant and agree not to modify, edit, copy, create any index from, reverse engineer, decompile, alter, enhance or in any way exploit the SEDA network or our Services or any data in any manner, unless such rights are explicitly granted to you in writing.

You acknowledge that all data accessible through the SEDA network or Services is provided by independent third-party data providers and other Third-Party Services over which SEDA has no control. You bear full responsibility for verifying the accuracy, legality, suitability, and licensing of such data for your intended use and assume all risks related to its completeness, reliability, and compliance with applicable law. You agree not to use such data in any way that infringes third-party rights, breaches applicable law, or causes harm to SEDA or others.

If you deploy, operate, or interact with any data proxy, node, smart contract, or other infrastructure connected to the SEDA network or our Services, you do so entirely at your own risk; SEDA has no responsibility or liability for the operation or performance of such independent infrastructure.

If you are a data provider integrating with SEDA, you represent and warrant that you (i) hold all rights necessary to provide your services and data, (ii) that such data is accurate, lawful, and free from defects, and (iii) that its provision, distribution, and use through the SEDA network or Services will not infringe upon or violate any rights or applicable laws and regulations. SEDA makes no representations or warranties regarding such data and shall not be liable to users or other third parties for errors, omissions, inaccuracies, or infringements contained therein.

9. Indemnity

You agree to indemnify, defend, and hold harmless SEDA, its affiliates, and each of their respective employees, contractors, agents, officers, contractors, directors, and representatives from and against any claim, demand, lawsuit, action, proceeding, investigation, liability, damage, loss, cost or expense (including reasonable legal fees), arising out of or related to: (i) your use, misuse, modification, integration, or access of the SEDA network, Websites, Services, or SEDA tokens, by you or any third party under your control; (ii) your violation of these Terms or any other agreement; (iii) your violation of applicable laws or regulations; (iv) any breach of your representations, warranties, or obligations under these Terms; (v) any security violations, data breach, or unauthorized access arising from your systems or activities; (vi) any infringement, misappropriation of rights or other third-party claims arising from your actions, data, activities, or use of our Services. You may not settle any claim involving SEDA without prior written consent.

This indemnity expressly extends to any claims, demands, or actions brought by you or other third parties in connection with your access, activities or reliance upon data or Third-Party Services made available through the SEDA network or Services.

If you provide data or operate infrastructure on or through the SEDA network or Services, you agree to further indemnify, defend, and hold harmless SEDA and its affiliates, and each of their respective employees, contractors, agents, officers, contractors, directors, and representatives, from and against any third-party claim arising out of or relating to such data or infrastructure, including but not limited to claims based on inaccuracy, non-performance, or illegality.

10. Disclaimer

You agree that your access and use of the SEDA network, Websites, and Services is at your sole risk and that you are solely responsible for complying with all laws and regulations that may apply to your access to, transactions through, or use of SEDA and our Services. You acknowledge and understand that SEDA is not registered, licensed, or supervised by any financial regulatory authority. SEDA network, our Services, and any related content provided do not constitute financial, investment, legal, or tax advice, nor do they constitute a solicitation, offer, or recommendation to buy, sell, or hold any commodity, security, token, or other financial instrument. SEDA does not act as a financial intermediary, exchange, custodian, wallet provider, or other financial services provider. SEDA tokens, if any, function solely as a technical utility within the SEDA network, and are not intended as financial instruments, investments, or means of payment. The SEDA token does not confer or represent any ownership rights, shares, or any right to financial returns, dividends, or profit-sharing.

To the maximum extent permitted under applicable law, the SEDA network, Websites, and Services (and any of their content or functionality) are provided on an “AS IS”, “WITH ALL FAULTS”, and “AS AVAILABLE” basis, and we expressly disclaim, and you hereby waive, any and all representations, conditions, warranties, or guarantees of any kind, whether express or implied, legal, statutory or otherwise, or arising from statute, otherwise in law, course of dealing, or usage of trade, including, without limitation, any implied or legal warranties and conditions of merchantability, merchantable quality, fitness for a particular purpose, title, security, availability, reliability, accuracy, quiet enjoyment, and non-infringement of third party rights. Without limiting the foregoing, we do not represent or warrant that the SEDA network or our Services (including any related content or data) will be uninterrupted, available at any particular time, error-free, or meet any specific performance or liveness guarantees, unless explicitly stated otherwise. You acknowledge and agree that no oral or written information provided by us shall create any warranty not expressly stated in these Terms. You further acknowledge that any use of or reliance on the SEDA network, Services or SEDA tokens, is at your sole risk.

You acknowledge that reliability and availability may be affected by the nature of blockchain technology, including but not limited to network congestion, third-party data inaccuracy, or smart contract vulnerabilities, which are beyond our control. You are solely responsible for determining and complying with all legal and regulatory restrictions and requirements that may govern the access and/or use of the SEDA network and our Services. Without limiting the foregoing, SEDA disclaims all liability and responsibility for (i) inaccurate, incomplete, unlawful, unavailable, delayed, or interrupted Third-Party Services or data; (ii) any reliance on data transmitted through the SEDA network and Services; and (iii) the operation, malfunction, compromise, or discontinuation of any Third-Party Services or other independently operated infrastructure.

11. Third-Party Services Disclaimer

You acknowledge that SEDA, the Websites, and the Services may reference, describe, display, integrate, rely on, or link to Third-Party Services that are independently developed, operated, and maintained by entities unaffiliated with SEDA. This includes, without limitation, hyperlinks or references to external websites, visual displays of third-party names and logos, descriptions of such Third-Party Services, and any listed data providers, exchanges, and networks. The presence of any Third-Party Services on Websites or any SEDA-related content does not constitute or imply any partnership, affiliation, endorsement, recommendation, approval, or verification by SEDA. SEDA makes no representations or warranties, express or implied, regarding the operation, accuracy, reliability, security, integrity, or legality of any Third-Party Services. You are solely responsible for conducting your own due diligence before interacting with any such Third-Party Services, including reviewing applicable terms of service, risk disclosures, and technical documentation. All risk and responsibility remains with the user and/or operator of such Third-Party Services. SEDA assumes no liability in connection therewith. Where a data provider or other third-party provider deploys any proxy, node, or other infrastructure, such deployment is done entirely at that third party’s sole risk, and SEDA assumes no responsibility or liability arising from or related to such infrastructure.

12. Trademark Disclaimer

You acknowledge that SEDA, the SEDA network, its Services, and Websites may display ticker symbols, product names, and other identifiers that are trademarks, service marks or trade names of third parties. Such display is for informational purposes only and does not constitute any claim of ownership thereof by SEDA or any of its affiliates or any sponsorship or endorsement of any associated products or services, and should not be construed as indicating any affiliation, sponsorship or other connection between SEDA and the third-party owners of such identifiers. Any such third-party identifiers associated with financial data are made solely to identify the relevant financial products for which price data is made available. All trademarks, service marks, logos, product names, trade names and company names mentioned are property of their respective owners. SEDA makes no representations or warranties with respect to any such identifiers or any data or other information associated therewith and reserves the right to modify or remove any such displays at its discretion.

13. Limitation of Liability

Your access to or use of the SEDA network or our Services is at your own risk. To the maximum extent permitted by applicable law and except in cases of gross negligence or wilful misconduct by SEDA, you expressly understand and agree that in no event shall SEDA, its affiliates, and each of their respective employees, contractors, agents, officers, contractors, directors, and representatives, be liable, to you or to any third party for any direct, indirect, incidental, special, consequential, punitive, exemplary or similar damages or liabilities whatsoever, including, but not limited to, damages for loss of profits, revenue, goodwill, use, data or other losses and damages (even if we have been advised of the possibility of such damages), arising out of or in connection with your access to or use of SEDA and our Services (and any of their content and functionality), any execution or settlement of a transaction, any performance, non-performance, or unavailability of SEDA and our Services, your or other digital assets, SEDA tokens, or any other product, service or other item provided by or on behalf of SEDA, or any other matter relating to these Terms, the SEDA network, or our Services. Without limiting the foregoing, SEDA shall not be liable for any (i) data loss, corruption or inaccuracy; (ii) unavailability, malfunction, or discontinuation of any Third-Party Services or infrastructure; or (iii) reliance on any data transmitted through the SEDA network or Services.

Notwithstanding anything to the contrary contained herein and to the maximum extent permitted by applicable law, our liability to you for any cause whatsoever and regardless of the form of the action, will at all times be limited to the amount of fees actually paid by you to us under these Terms in the twelve (12) month period immediately preceding the event giving rise to the claim for liability.

You are solely responsible for all applicable taxes arising in connection with our Services or the SEDA token. You acknowledge that you independently determine how to use the SEDA network, the Websites, or our Services and assume full responsibility for the outcomes of such use, including its data quality and integrity, security, and legal compliance.

14. Force Majeure

You may not hold us liable for any delay, failure, or interruption of the SEDA network, the Websites, or our Services due to events beyond our reasonable control, including but not limited to any act of God; blockage, disturbance or encumbrance of telecommunications, transport or procurement networks for whatever reason; poor quality or interruptions of electrical current; cyberattacks, malware, or other security breaches; insurrections or acts of a similar nature; state of war or embargo; total or partial strikes within or outside of the company; lock-out, social conflicts, sabotage or acts of vandalism; foul weather, epidemics, earthquakes, explosion, fires, storms, flooding, other natural disasters; water damage; changes in law, regulations, or administrative measures that affect the availability, legality, or operation of the SEDA network and our Services.

15. Miscellaneous

All notices must be made in writing. You consent and agree that, where feasible, we may deliver communications to you by posting them on our website, through our Services or by emailing them to you at the email address you provide in connection with using the Services.

If any provision of these Terms is held invalid, the remaining provisions shall remain unaffected. The invalid provision shall be replaced with a legally valid provision that most closely reflects its intended purpose and aligns with the original economic intent. The same applies to any contractual gap.

No delay or partial exercise of any right or remedy under these Terms shall constitute a waiver of such right or remedy, nor shall it be construed as their forfeiture.

You may not assign or transfer any of your rights or obligations under these Terms without our prior written consent.

All of these Terms will survive any termination or expiration of your access to or use of the SEDA network and our Services, in addition to any other provision which by law or by its nature should survive, including but not limited to Confidentiality, Intellectual Property, Indemnity, Limitation of Liability, Governing Law and Jurisdiction.

16. Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of Switzerland, and the courts of the Canton of Zug, Switzerland, shall have exclusive jurisdiction to hear and determine all issues that may arise under or in relation to these Terms or the Services.

If you have any questions about these Terms, contact legal@seda.xyz.