Terms and Conditions

Last updated Fri 25 Oct, 2024

Introduction

Welcome to Pulsar Money's platform. These terms and conditions (“Terms”) along with any documents, additional terms, policies, and disclaimers expressly incorporated by reference herein, including any other agreements or terms that Pulsar Money SRL, the owner of Pulsar Money, and its affiliates (“Pulsar Money,” “we,” “us,” or “our”) may provide to you or the entity you represent (“you” or “your”) collectively form a binding and enforceable legal contract between Pulsar Money and you. This contract governs your access to and use of Pulsar Money's platform and services.

Agreement to Terms

Please read these Terms carefully before using the Site or Services. By using or accessing the Site, Services, and/or Content in any manner, or clicking a button or checkbox to accept or agree to these Terms where that option is made available to you, you (i) accept and agree to these Terms and (ii) consent to the collection, use, disclosure, and other handling of information as described in our Privacy Policy. The Privacy Policy is incorporated herein by this reference in its entirety.

Governing Law and Jurisdiction

These Terms are governed by and construed in accordance with the laws of Romania. You agree that any dispute arising out of or in connection with these Terms will be subject to the exclusive jurisdiction of the courts of Romania.

The present terms were redacted in accordance with Law no. 365/2002 and Emergency Ordinance no. 34/2014, of the Romanian laws.

Changes to Terms or Services

Pulsar Money reserves the right, at its sole discretion, to amend, change, modify, add, or remove portions of these Terms at any time. Your continued use of the Platform and Services following the published updates to the Terms will mean that you accept and agree to the changes.

I. Introductory Notes

Pulsar Money provides access to a decentralized protocol on the MultiversX Blockchain and Starknet, allowing users to exchange compatible crypto-assets (“Protocol”). The Platform is one means of accessing this Protocol but does not control or operate any version of it. By using our Platform and Services, you acknowledge that Pulsar Money does not buy or sell crypto-assets, operate liquidity pools, or control trade execution on the Protocol.

Pulsar Money is not a securities broker, crypto-asset broker, investment advisor, or financial planner and does not offer investment or trading advice. We do not act as an intermediary, counterparty, or custodian for transactions on the Protocol.

II. Eligibility

PULSAR MONEY'S PLATFORM AND ITS SERVICES ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN RESTRICTED TERRITORIES AS DEFINED BY PULSAR MONEY. WE DO NOT MAKE EXCEPTIONS.

As a condition to accessing or using the Services, you represent and warrant to Pulsar Money the following:

1. If entering into these Terms as an individual, you are of legal age (18 as it concerns the Romanian law) in your jurisdiction of residence and possess the legal capacity to enter into these Terms.
2. If entering into these Terms as an entity, you have the legal authority to accept these Terms on the entity's behalf.
3. You are not a Restricted Person and are not accessing the Platform from within Restricted Territories.
4. You must not be a resident, citizen, or agent of, nor incorporated in Iran, Cuba, North Korea, Syria, Myanmar (Burma), Crimea, Donetsk, Luhansk, or any other country or region subjected to comprehensive economic sanctions by the United States.
5. You are not a Sanctioned Person subject to economic or trade sanctions administered by any governmental authority.
6. You do not intend to transact with any Restricted Person or Sanctioned Person.
7. You will not use a VPN or other anonymization tools to circumvent any restrictions applicable to the Services.
8. Your access to the Services is not prohibited by and does not violate any Applicable Laws.

III. Registration

Pulsar Money provides non-custodial wallet services. You are solely responsible for safeguarding your private keys and access credentials. We do not have access to or control over your Wallet or the digital assets it contains.

Any loss of digital assets resulting from the loss, theft, or mismanagement of private keys is the sole responsibility of the user. Pulsar Money assumes no liability for any damages arising from unauthorized access to or misuse of your Wallet.

Know Your Customer (KYC), MiCA Compliance, and Identity Verification

As part of our commitment to regulatory compliance, particularly in line with Anti-Money Laundering (AML) regulations and the Markets in Crypto-Assets Regulation (MiCA), Pulsar Money has implemented a Know Your Customer (KYC) identity verification process.

1. Third-Party KYC Provider

Pulsar Money partners with a trusted, independent third-party service provider to manage the KYC process. Pulsar Money does not store this sensitive data. By submitting your information, you agree to comply with the KYC Provider's terms and conditions.

2. MiCA Compliance

As a crypto-asset service provider, Pulsar Money complies with the Markets in Crypto-Assets Regulation (MiCA). MiCA requires crypto-asset businesses to perform identity checks on users to prevent illegal activities such as money laundering and terrorist financing.

3. Data Handling and Privacy

Your personal information submitted for KYC purposes is handled in accordance with applicable laws, including GDPR. Pulsar Money only receives updates on the status of your verification and does not store personal data.

4. Verification Status

Upon successful completion of the KYC process, your profile will be marked with a blue check mark, signifying verified identity in compliance with MiCA and AML standards.

5. Rejection or Suspension of Service

If you fail to complete the KYC process or your data does not meet MiCA standards, Pulsar Money reserves the right to restrict or suspend your access to our platform and services.

6. No Liability for Third-Party KYC Provider

Pulsar Money is not responsible for any issues or delays related to the KYC process managed by the third-party provider.

V. Fees

1. General Fees and Costs

You agree to pay all fees required for accessing and interacting with the blockchain, including but not limited to “gas” fees, service fees, and transaction fees associated with blockchain operations.

2. Service Fees

Pulsar Money may charge service fees for specific features or functionalities. You will be notified of any service fees prior to engaging in a transaction.

3. Fee Changes

Pulsar Money reserves the right to modify its fee structure at any time. Continued use of the Platform after fee modifications constitutes acceptance of the updated fees.

4. Third-Party Fees

Third-party services may impose additional fees. Pulsar Money has no control over and is not responsible for such fees.

5. Refund Policy

Unless otherwise stated in writing, all fees paid through Pulsar Money are non-refundable. Once a transaction is submitted to the blockchain, it cannot be canceled or reversed.

6. Payment Authorization

By completing a transaction, you authorize Pulsar Money or its designated payment processor to charge your payment method or deduct from your digital wallet the applicable fees.

7. Failure to Pay

If you fail to pay applicable fees, Pulsar Money may suspend or restrict your access until outstanding fees are paid.

8. Fee Transparency

Fees will be clearly displayed before you finalize any transaction. By confirming, you agree to the displayed fees.

Airdrop Terms and Conditions

1. Acknowledgment and Acceptance

Participation in the airdrop implies acceptance of these Terms in full. Participation is at your own risk. Seek professional advice before participating.

2. Ownership and Control

You confirm that you are the legal owner of the specified digital wallet address and have full authority to manage and use the tokens received.

3. Legal Compliance

You warrant that you comply with all applicable laws and regulations in your jurisdiction.

4. Risk Assumption

By participating, you assume all associated risks, including market volatility, regulatory changes, and potential technological failures.

5. Limitation of Liability for Airdrop Campaigns

Pulsar Money serves solely as a platform provider for hosting airdrop campaigns. We do not set, control, or influence the rewards, distribution schedules, or any other aspects determined by the projects initiating these campaigns.

6. Prohibited Actions

You agree not to engage in fraudulent activities, attempts to manipulate the airdrop process, or any actions that violate these Terms.

7. Privacy and Data Use

Pulsar Money will collect and use your information in accordance with our Privacy Policy.

8. Tax Obligations

You are solely responsible for determining and fulfilling any tax obligations related to airdrop participation.

9. Misuse of the Platform

Any misuse, including fraudulent activities, manipulation of points, self-referral, or ungenuine farming, will be subject to review and potential penalties including forfeiture of airdrop points and other incentives.

10. Premium Subscription Service

Pulsar Money offers optional subscription plans managed through Stripe. Subscriptions automatically renew unless canceled prior to the next billing cycle. Except as required by applicable law, all payments are non-refundable.

VI. Disclaimer of Professional Advice

Information available through Pulsar Money is provided solely for informational purposes and should not be interpreted as professional guidance. Consult with a licensed professional before making financial, legal, or other decisions.

VII. Prohibited Activities

Users are strictly prohibited from engaging in activities that:

• Violate any applicable laws, including anti-money laundering, anti-terrorist financing, and sanctions programs.
• Infringe on the rights of Pulsar Money, its users, or any third parties.
• Engage in illegal, defamatory, threatening, harassing, or otherwise inappropriate behaviors.
• Provide false, inaccurate, or misleading information.
• Disrupt or inhibit other users from fully enjoying the platform.
• Circumvent any security measures or access controls, including the use of VPNs.
• Use automated means such as bots, spiders, scrapers, or crawlers.
• Engage in improper trading practices or market manipulation.
• Engage in transactions involving proceeds of criminal or fraudulent activity.

VIII. Intellectual Property Rights

All intellectual property rights in the Services are owned by us or our licensors. We grant you a limited, non-exclusive, revocable, non-transferable license to access and use the platform. Our product or service names, logos, and marks are trademarks owned by us or our licensors. You may not copy, imitate, or use them without prior written consent.

IX. User-Generated Content

If you submit or upload any content to the Platform, you hereby grant Pulsar Money a perpetual, worldwide, royalty-free, irrevocable, sublicensable, and transferable license to use, reproduce, modify, distribute, publicly display, perform, and create derivative works from such content.

X. Third Party Content

The Services may include content owned or licensed by third parties. We make no representations and exclude all warranties and liabilities arising from such Third-Party Services.

XI. Risk Assumption

All transactions involving digital assets involve substantial risks. The price or value of digital assets can change rapidly, decrease, and potentially fall to zero. Past performance is not an indicator of future performance. We are not responsible for any loss of digital assets resulting from theft, loss, or mishandling of private keys.

XII. Indemnification

By using our Services, you agree to indemnify, defend, and hold harmless our company, its affiliates, subsidiaries, partners, licensors, and their respective directors, officers, employees, and agents from any claims, damages, losses, liabilities, costs, and expenses arising out of your use of the Services, your breach of these Terms, or your violation of any applicable laws.

XIII. Limitations

IN NO EVENT WILL PULSAR MONEY OR ITS REPRESENTATIVES BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE PLATFORM, WHETHER UNDER CONTRACT, TORT, CIVIL LIABILITY, STATUTE, STRICT LIABILITY, OR ANY OTHER THEORY OF LIABILITY.

In the event that Pulsar Money is found liable, the aggregate liability will not exceed the amount of fees paid by you in the two (2) month period immediately preceding the event giving rise to the claim.

XIV. Resolving Disputes and Mandatory Arbitration

ANY DISPUTE ARISING OUT OF OR IN CONNECTION WITH THESE TERMS MUST BE SETTLED THROUGH BINDING INDIVIDUAL ARBITRATION INSTEAD OF IN COURT. To resolve any Dispute, first contact Pulsar Money at [email protected].

XV. Miscellaneous

Force Majeure: Neither party shall be held liable for any delay or failure in performance resulting from causes beyond reasonable control.

Taxes: It is your responsibility to determine and comply with any applicable taxes.

Severability: If any provision is deemed unenforceable, the remaining provisions shall remain in full force and effect.

Assignment: You may not assign or transfer any rights or obligations without prior written consent from Pulsar Money.

Entire Agreement: These Terms constitute the entire agreement between you and Pulsar Money concerning your use of the Services.

Disclaimer

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE.” YOUR USE OF THE PLATFORM AND SERVICES IS AT YOUR OWN RISK. TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

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