Terms and Conditions

Last updated: December 2024

1. Introduction

These Terms and Conditions ("Terms") govern your access to and use of the services provided by Veloxoft OOD ("Company", "we", "us", or "our"), a company registered in Bulgaria, European Union.

By accessing or using our services, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use our services.

2. Definitions

"Services" means all products, services, content, features, technologies, or functions offered by Veloxoft.
"User" means any individual or entity that accesses or uses our Services.
"Partner" means a User who has registered for our Partner Program.
"Content" means any information, text, graphics, or other materials uploaded, downloaded, or appearing on our Services.

3. Eligibility

To use our Services, you must:

Be at least 18 years of age or the age of legal majority in your jurisdiction
Have the legal capacity to enter into a binding contract
Not be prohibited from using our Services under applicable laws
Provide accurate and complete registration information

4. Account Registration

When you register for an account through LinkedIn OAuth or other methods, you agree to:

Provide accurate, current, and complete information
Maintain and promptly update your account information
Maintain the security of your account credentials
Accept responsibility for all activities that occur under your account
Notify us immediately of any unauthorized use of your account

5. Services Description

Veloxoft provides blockchain technology solutions, including but not limited to:

European Blockchain Services Infrastructure (EBSI) integration
Verifiable credentials and digital identity solutions
Smart contract development and deployment
Blockchain consulting and technical support
Partner program for collaborative development

We reserve the right to modify, suspend, or discontinue any part of our Services at any time with reasonable notice.

6. Partner Program

Partners who register through our platform are subject to the following:

Registration is subject to approval by Veloxoft
Partners must comply with all applicable laws and regulations
Partners must maintain professional standards in all dealings
Partnership status may be revoked for violation of these Terms

7. Intellectual Property Rights

All intellectual property rights in our Services, including but not limited to software, designs, text, graphics, logos, and trademarks, are owned by or licensed to Veloxoft.

You are granted a limited, non-exclusive, non-transferable license to access and use our Services for their intended purpose. You may not:

Copy, modify, or distribute our proprietary content
Reverse engineer or attempt to extract source code
Use our trademarks without prior written consent
Create derivative works based on our Services

8. User Obligations

When using our Services, you agree not to:

Violate any applicable laws, regulations, or third-party rights
Use the Services for any illegal or unauthorized purpose
Transmit any malware, viruses, or harmful code
Attempt to gain unauthorized access to our systems
Interfere with or disrupt the integrity of our Services
Collect or harvest user data without consent
Impersonate any person or entity
Use automated systems to access our Services without permission

9. Limitation of Liability

To the maximum extent permitted by applicable EU law:

Our Services are provided "as is" without warranties of any kind
We do not guarantee uninterrupted or error-free service
We shall not be liable for any indirect, incidental, special, consequential, or punitive damages
Our total liability shall not exceed the amount paid by you for our Services in the 12 months preceding the claim

Nothing in these Terms excludes or limits our liability for death or personal injury caused by negligence, fraud, or any other liability that cannot be excluded under applicable law.

10. Indemnification

You agree to indemnify, defend, and hold harmless Veloxoft and its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:

Your use of our Services
Your violation of these Terms
Your violation of any third-party rights
Any content you submit through our Services

11. Termination

We may terminate or suspend your access to our Services immediately, without prior notice, if:

You breach any provision of these Terms
We are required to do so by law
We discontinue the Services

Upon termination, your right to use the Services will cease immediately. Provisions that by their nature should survive termination shall survive.

12. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website and updating the "Last updated" date. Your continued use of our Services after such changes constitutes acceptance of the new Terms.

13. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of Bulgaria and applicable European Union regulations, including but not limited to:

Regulation (EU) 2016/679 (General Data Protection Regulation)
Directive 2011/83/EU (Consumer Rights Directive)
Directive 2000/31/EC (E-Commerce Directive)

Any disputes arising from these Terms shall be subject to the exclusive jurisdiction of the courts of Sofia, Bulgaria, unless mandatory consumer protection laws provide otherwise.

14. Consumer Rights (EU)

If you are a consumer within the European Union, you have certain rights under EU consumer protection law:

Right of Withdrawal: For distance contracts, you may have the right to withdraw within 14 days without giving any reason
Conformity: Digital content and services must conform to the contract
Information Rights: You have the right to clear information before entering into a contract

These Terms do not affect your statutory rights as a consumer under applicable EU law.

15. Dispute Resolution

In accordance with EU law, we inform you about the European Online Dispute Resolution (ODR) platform:

The European Commission provides a platform for online dispute resolution (ODR) which is available at https://ec.europa.eu/consumers/odr

We encourage you to contact us directly before initiating any formal dispute resolution procedure.

16. Severability

If any provision of these Terms is found to be unenforceable or invalid under applicable law, such provision shall be modified to the minimum extent necessary to make it enforceable, or if modification is not possible, severed from these Terms. The remaining provisions shall continue in full force and effect.

17. Entire Agreement

These Terms, together with our Privacy Policy and any other legal notices published on our Services, constitute the entire agreement between you and Veloxoft regarding your use of our Services.