Terms of Use
These Alpend Terms and Conditions ("Terms of Use", "Terms") are entered into between Moonshot Investment Corp (#1, Advanced Tower, Panama City, Panama) (referred to as "Company", "we", "our" and "us") and you or the company or other legal entity that you represent ("you" or "your").
Please read these Terms of Use carefully, as they govern your use of Alpend (referred to as the "Platform"), as well as any other services provided by us ("Services"). By accessing or using the Platform or any of its Services, you agree to comply with these Terms of Use. If you do not agree to these Terms, you must not access or use the Platform.
Due to the nature of the Platform, access to and use of the Platform is not intended for individuals or entities located in, or accessing from, certain restricted jurisdictions, including but not limited to Crimea, Donetsk and Luhansk, Cuba, Democratic People's Republic of Korea, Democratic Republic of the Congo, Islamic Republic of Iran, Libya, People's Republic of China, Republic of Belarus, Russian Federation, Somalia, South Sudan, Sudan, Syria, United States of America, as well as any other territories subject to comprehensive sanctions.
We reserve the right to modify these Terms at any time. Such modifications will be effective immediately upon posting the updated Terms on our website.
1. The Alpend Platform
The Platform provides a web-based or mobile-accessible interface enabling interaction with a decentralised protocol operating on the Canton Network, facilitating confidential money market operations including supply and borrow of compatible digital assets.
Access to the Platform requires the use of non-custodial wallet software that enables interaction with the Canton Network. The Platform does not exercise custody, control, or authority over the contents of your wallet.
2. User Eligibility
To use the Platform, you must be at least 18 years old and reside in a jurisdiction where the use of the Platform is legal.
You must provide all required information and documents during the account opening process and keep this information updated. We reserve the right to refuse service, terminate accounts, or limit access to the Platform at our sole discretion.
3. User Obligations
You are solely responsible for your use of the Platform, including the supply, borrow, or interaction with digital assets. You agree to use the Platform in compliance with all applicable laws, regulations, and these Terms.
You are responsible for the security and management of your wallet, private keys, key shares, seed phrases, passwords, or any other credentials linked to your blockchain addresses. The Platform bears no liability for any unauthorised access, loss, or misuse of your wallet or blockchain addresses.
4. Fees and Charges
The use of the Platform may involve certain fees, including but not limited to transaction fees, service fees, gas fees, and currency conversion fees if applicable.
Each blockchain may require the payment of a transaction fee (a "Gas Fee") for every transaction that occurs on such blockchain. Gas Fees may vary based on market conditions on the applicable blockchain.
All fees paid to the Platform are non-refundable, except as required by applicable law. We reserve the right to modify, update, or introduce new fees at our sole discretion.
5. Risks Associated with Cryptocurrencies
Before using any of our Services, it's important to be aware of potential risks. We recommend that you seek professional financial advice before using our Services. By using our Services, you acknowledge and accept the risks set out in Annexure A.
6. Prohibited Uses
You are prohibited from using the Platform or its content:
- for any unlawful purpose;
- to solicit others to perform or participate in any unlawful acts;
- to violate any international, federal, provincial or State regulations, rules, laws, or local ordinances;
- to infringe upon or violate our intellectual property rights or the intellectual property rights of others;
- to upload or transmit viruses or any other type of malicious code;
- to collect or track the personal information of others;
- to manipulate trading markets through tactics such as "rug pulls," wash trading, spoofing, or other fraudulent schemes; or
- to interfere with or circumvent the security features of the Platform or any related website.
7. Disclaimer of Warranties and Limitation of Liability
We do not guarantee, represent or warrant that your use of our Platform will be uninterrupted, timely, secure or error-free.
IN NO EVENT WILL ALPEND, INCLUDING OUR AFFILIATES, SUBSIDIARIES, PARENTS, SUCCESSORS, AND ASSIGNS, AND EACH OF OUR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR SHAREHOLDERS, BE LIABLE TO YOU FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, CONSEQUENTIAL, OR INDIRECT DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE ALPEND PLATFORM, SERVICES, OR THIS AGREEMENT.
8. Governing Law
All matters relating to the Platform, Services and these Terms shall be governed by and construed in accordance with the laws of Panama without giving effect to any choice or conflict of law provision or rule.