Terms and Conditions

Please read these terms and conditions carefully before using our services, as they affect your legal rights. By accepting these terms electronically, accessing our site, logging in with your digital wallet on the platform, or interacting with our site or services in any way, you agree to be bound by these terms and all documents or policies mentioned hereinafter. You cannot accept these terms in part. If you do not agree with all or any part of these terms, you must not access our services.

You may use the services only if you are 18 years or older and capable of forming a binding contract with us, and not otherwise barred from using the services under applicable law.

If you have any doubts about your rights and obligations resulting from the acceptance of these Terms, please consult a lawyer or other legal advisor in your jurisdiction. Your continued use of the Site will constitute your acceptance of these Terms.

1. Disclaimer

1.1. Cryptocurrency Information

Cryptocurrencies are virtual currencies, digital representations of value that are neither issued by a central bank nor backed by any public authority attached to conventional currency. They may be used by any natural or legal persons as a means of exchange and can be transferred, stored, or traded electronically. Cryptocurrencies function in a consensus network that enables a new payment system and completely digital money. As such, any operations involving cryptocurrency are not specifically regulated by the authorities of Seychelles.

1.2. User Acknowledgment

The User acknowledges that operations with virtual currency performed by the Company are neither supervised by Seychelles nor do they require any special permission.

2. Definitions

Terms beginning with a capital letter have the following meanings:

  • Agreement: The agreement between the Company and the User for the provision of Services.
  • AML Policy: The internal rules and procedures for the prevention of money laundering and financing of terrorism.
  • Authentication: Verification of the identity of the User.
  • Company or We: Global CM Limited, incorporated under the laws of Seychelles.
  • Cryptocurrency: Any digital currency based on distributed ledger technology, including various coins.
  • Force Majeure: Any event beyond the control of the User or the Company.
  • Mobile App: The "Global Mining" application available in the Apple Store and/or Google Play.
  • NFT: A unique digital identifier recorded in a blockchain.
  • Privacy Policy: The rules regarding the protection of privacy and data in compliance with relevant law.
  • Profile: A secured area of the Site created upon User registration.
  • Registration: The initial registration of the User on the Site.
  • Services: Online services related to purchasing and hosting hardware provided by the Company.
  • Site: The website https://Globalmining.com and its corresponding applications.
  • Technical Support: Support provided by the Company.
  • Terms and Conditions or Terms: These Terms and Conditions governing the contractual relationship between the User and the Company.
  • User or You: Any natural person who has entered into an Agreement with the Company.

3. The Agreement

3.1.

The User enters into the Agreement upon the completion of Registration.

3.2.

These Terms and Conditions are integral to the Agreement and set forth detailed rights and obligations regarding the provision of Services by the Company and the User’s use of those Services.

3.3.

By signing the Agreement, the User expresses explicit and unconditional consent to these Terms and agrees to fulfill all obligations stipulated herein.

3.4.

The Privacy Policy is an integral part of the Agreement. The Company reserves the right to amend this document in accordance with the rules governing amendments specified herein.

3.5.

Any references to the masculine gender shall also include the feminine gender.

4. Registration and the Profile

4.1.

For performing Transactions on the Site and/or Mobile App, the User is to complete the process of registration of the Profile. The Profile is used to access the information regarding the NFTs available to the User on the Site and/or Mobile App. The Profile thus serves as a main communication channel between the User and the Company.

4.2.

The User is allowed to use only one Profile. Only the User and no other person is authorized to use the Profile. You shall not assign, transfer, charge, create a trust over or otherwise deal in Your rights and/or obligations under these Terms (or purport to do so).

It is also prohibited to transfer NFTs between the Accounts of different Users of the Site and/or Mobile App.

4.3.

Process of creation of the Profile (“Registration") is performed by the User by choosing a Username and the password.

4.4.

After the Registration, the User will be to connect the Site with its Tron wallet in order to proceed.

4.5.

We reserve the right to reject Your application, without reference to You or without reason and without liability to You.

4.6.

Any information made available in the Profile by the Company is deemed to be received by the User. The User is advised to regularly access his Profile and check delivered messages.

4.7.

The Company reserves the right to delete User Profile in the following cases:

  • Use of false and incomplete information if it harms the interests of the Company and/or third parties.
  • Violation of any of the provisions of the Terms.

5. KYC and DD

5.1.

The User is obliged to provide all necessary cooperation and correct information in relation to the Know Your Customer / due diligence procedure established on the Site and required by the relevant law, in particular the AML Act till April 1st, 2023 or any date in the future the Company may choose at its own discretion.

5.2.

If You refuse to provide the documents required, the Company will refund the cryptocurrency You spent to purchase the NFTs to the initial address You sent the cryptocurrency from minus the commissions of the miners (if any).

5.3.

The Company uses third-party providers' services for due diligence procedures. The Company reserves the right to change the contractor for the due diligence procedure without notification of the User.

6. Services

6.1.

The Company allows the User to build a portfolio of coins and to participate in the real mining process. Scope of the Services provided by the Company via Site and the Mobile app may differ, but such services jointly constitute the Services.

6.2.

After the Registration, the User can start earning Cryptocurrency via acquisition with Cryptocurrency of a minimal set consisting of three main elements: a video card, energy, and pay an installation fee, where the video card is responsible for calculating complex mathematical problems necessary to generate new cryptocurrency blocks and an installation fee is necessary to accommodate the components of the mining system.

6.3.

The duration of service of the Global Plus NFT collection is limited to 2 (two) years. While the duration of service of the ASIC NFT collection is limited to 4 (four) years. The duration of service may be extended at the Company’s discretion in the future, but the Company has no obligation to extend the duration.

7. Transactions

7.1.

The User can perform the following Transactions:

  • Purchasing NFTs;
  • Withdrawing cryptocurrency to the Wallet of the User;
  • Transferring NFTs between Users;
  • Recharging the account.

7.2.

The Transactions are performed on the basis of the market price of the NFTs determined by the Company.

8. Limitation of Liability

8.1.

The Company is not responsible for losses resulting from: (a) incorrect registration data; (b) unauthorized access to User Profile; (c) violation of the Terms and/or applicable law; (d) damages caused by force majeure events; (e) market volatility; (f) actions or omissions of third parties, including breaches of the security of the Users’ accounts.

9. Force Majeure

9.1.

The Company shall not be liable for any failure to perform its obligations under these Terms if such failure results from any event of Force Majeure.

10. Changes to Terms and Conditions

10.1.

The Company reserves the right to modify or change these Terms at any time. The amended Terms will be posted on the Site and shall be effective as of the date of posting.

11. Governing Law

11.1.

These Terms shall be governed by and construed in accordance with the laws of Seychelles.

12. Dispute Resolution

12.1.

Any disputes arising from or in connection with these Terms shall be resolved by arbitration in accordance with the Arbitration Rules of the International Chamber of Commerce.

13. Contact Information

13.1.

For any questions or concerns regarding these Terms, please contact us at: [email protected]

14. Miscellaneous

14.1.

These Terms constitute the entire agreement between the User and the Company concerning the subject matter herein and supersede all prior agreements and understandings, whether written or oral, relating to such subject matter.

14.2.

If any provision of these Terms is found to be unenforceable or invalid, such provision will be limited or eliminated to the minimum extent necessary so that the remaining provisions shall remain in full force and effect.

14.3.

The Company’s failure to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision.

14.4.

The User may not assign or transfer any of their rights or obligations under these Terms without the prior written consent of the Company.

14.5.

These Terms are written in the English language. If they are translated into any other language, the English version will prevail in case of any discrepancy.

14.6.

Any notices or other communications provided by the Company under these Terms will be deemed to have been given when received by the User, whether delivered by email or other means.

14.7.

The Company may provide notices to the User through the Site or via email.

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