Superseed Terms of Service

Last Revised on 29 November 2024

Welcome to Superseed, provided by SeedTech Limited, a British Virgin Islands limited company, and its affiliates (collectively, “Superseed”, “Company”, “Foundation”, "we", "us", or "our"). Superseed is a decentralized Layer 2 (L2) blockchain solution built on top of the OP Stack, leveraging the robust foundation of Optimism and utilizing Conduit Rollups to facilitate faster, more cost-efficient transactions. Superseed incorporates smart contracts that facilitate the bridging of digital assets between Ethereum and Superseed (“Bridge Contracts”).

These Terms of Services (these “Terms”) are between you and Superseed concerning your access to and use of: (a) the website, https://www.superseed.xyz/ (including its subdomains, the “Superseed Site”); (b) any other websites through which these Terms are linked (together with the Superseed Site, the “Website”); and (c) Superseed’s services, including but not limited to any applications, products, services, content, tools, software, documentation, features, and functionality offered by Foundation on or through the Website or third-party sites and services (collectively, the "Services"), in each case as operated by or on behalf of the Foundation.

These Terms hereby incorporate by this reference any additional terms and conditions posted by Company through the Website or otherwise made available to you by Company. You are responsible for checking our Website periodically in order to review the current version of these Terms and to familiarize yourself with any changes to them.

Read these Terms carefully, as they include important information about your legal rights, including, among other things:

• In Section 8, that you and Company will arbitrate certain claims against Company;
• In Section 1(d) and 2(b), that you are prohibited from taking certain actions in connection with your use of the Website and the Services (including circumvention of any restrictions such as “geoblocking”);
• In Section 7, that Company disclaims and that you assume certain risks in connection with your use of the Website and the Services, and, to the extent permitted under applicable law, your right to recover from Company is limited, with respect to certain damages.

By accessing the Website and/or using the Services, you are agreeing to these Terms. If you do not understand or agree to these Terms, you may not use the Website or the Services.

1. Access to the Website and Use of the Services

By accessing the Website or using the Services or the Bridge Contracts, you affirm, represent, warrant, and covenant that:

1. You are over 18 years old or the age of majority required by your state of residence, whichever is older, and you have the capacity to be bound by these Terms.
2. You are not a person or an Organization who resides in, is a citizen of, is located in, is incorporated in, or has a registered office in the United States of America.
3. You are not a resident, national, or agent of the Crimea region, Cuba, Iran, North Korea, Syria, or any other country to which the United States, the United Kingdom, the Cayman Islands, or the European Union embargoes goods or imposes similar sanctions.
4. You are not identified as a Specially Designated National or placed on any sanctions list by the U.S. Treasury Department’s Office of Foreign Assets Control, the U.S. Commerce Department, or the U.S. Department of State.
5. You are not identified on any of the following lists: European External Action Service Consolidated Financial Sanctions List; EU Terrorist List; FATF Non-Cooperative Countries and Territories; Federal Bureau of Investigation Most Wanted Terrorists & Seeking Information; Bank of England Sanctions List; and HM Treasury Sanctions List (as extended to the Cayman Islands by Statutory Instrument); Politically Exposed Persons List; World Bank Ineligible Firms; Department of Foreign Affairs and Trade Consolidated List.

Account Credentials. To use the Services or the Bridge Contracts, you must connect a compatible non-custodial wallet software. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service of that provider and is not covered by these Terms.

Losing control of your private key(s) will permanently and irreversibly deny you access to blockchain resources and your blockchain wallet, including digital assets you transfer into Superseed or the Bridge Contracts. We do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents. We are not liable for any issues or damages related to your use of a wallet, and we make no guarantees about how the Services or Superseed will function with any specific wallet. We reserve the right, at our sole discretion, to restrict certain wallet addresses from integrating with the Services.

KYC Process. To use the Services or the Bridge Contracts, you may also be required to provide all personal information as required by Foundation or its agents, as part of its know-your-customer (“KYC”) process. Foundation may choose to nominate third-party service providers to collect and verify KYC information on its behalf, who may also require you to accept their terms and conditions or privacy policy agreements. Collected information may include a passport, driver’s license, utility bill, photograph of you, government identification cards, or sworn statements, and we or our nominee may keep a copy of such information.

Jurisdictional Limitations. You further acknowledge that the information, products, and services provided in connection with the Website and the Services are not provided to, and may not be used by, any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules, or regulations of any governmental authority or where the Company is not authorized to provide such information or services.

Some transactions involving cryptographic assets on the Services, or other services linked to the Services, may implicate the securities or other laws of various jurisdictions. Without limiting the other terms of these Terms, we may limit, at our sole discretion, the availability of the Website to any person, geographic area, or jurisdiction (such restriction, a “geoblock”) and/or to prohibit your access to and use of the Website or the Services, at any time. You hereby agree that you will not attempt to circumvent or otherwise defeat or bypass any “geoblocks,” and that any attempt to do so is a violation of these Terms. You hereby acknowledge that any “geoblock,” other restriction, or lack thereof, should not be taken as a statement by us or anyone else regarding the legality of any interaction with the Services and that you bear independent responsibility to research, understand, and comply with the laws of your jurisdiction and activity with regard to any activity you propose to take.

2. Acceptable Use

Right to Use Services. We hereby grant you a limited, revocable, non-transferable, non-sublicensable right and license to access and use the Website and the Services for your own, or your internal use only, provided that you comply with these Terms in connection with such use. If any software, content, or other materials owned or controlled by us are distributed or made available to you as part of your use of the Services, we hereby grant you a personal, non-assignable, non-sublicensable, non-transferable, and non-exclusive right to download, access, and display such software, content, and materials provided to you as part of the Services, in each case for the sole purpose of enabling you to use the Services as permitted by these Terms. You are responsible for obtaining, maintaining, and paying for all hardware, telecommunications, and other services needed to access or use the Website or the Services.

Your access and use of the Website and the Services may be interrupted from time to time for any or no reason, including, without limitation, in the event of the malfunction of equipment, periodic updating, maintenance or repair, or any other actions that Company, in our sole discretion, may elect to take. Your right to access and use the Website and the Services is provided on an “as is” and “as available” basis without any representation or warranty on our part, whether express, implied, or statutory. You agree that we shall not be liable to you arising from or related to any inability to access the Website or the Services.

Restrictions on Your Use of the Services. In connection with your access to and use of the Website or the Services, you must not:

1. Use or attempt to use any other account on the Services that is not your account (or to connect with anyone else’s wallet), unless authorized in writing;
2. Buy, sell, or otherwise trade in addresses, usernames, or other unique identifiers on the Services;
3. Reverse engineer, decompile, or disassemble any portion of the Services, except where such restriction is expressly prohibited by law;
4. Circumvent, remove, alter, deactivate, degrade, or thwart any technological or security measure (including any “geoblocks”) or content protections of the Website or the Services.
5. Introduce any viruses, trojan horses, worms, logic bombs, or other materials that are malicious or technologically harmful into our systems.

3. Transactions

Transactions. We may make available the ability to purchase or otherwise obtain certain products and services through the Services (a, “Transaction”). If you wish to make a Transaction, you may be asked to pay a fee to the Company or to third parties, such as gas charges on Ethereum to perform a Transaction, and to supply certain relevant payment information in connection with such fees. You represent and warrant that you have the right to use any payment method that you submit in connection with a Transaction.

You acknowledge and agree that Superseed has no control over such Transactions, the method of payment for such transactions, or any actual or potential payments for Transactions. In addition, you acknowledge and agree that Superseed does not manage third-party activities on the Website or data storage of the protocol, nor does it hold or manage any digital assets or virtual currencies on Superseed.

Your Responsibilities with Respect to Transactions. When engaging in a Transaction through the Services, you acknowledge and agree that:

1. You have stored your digital assets in a wallet address that is compatible with the Superseed protocol.
2. Before initiating a Transaction, you will maintain a sufficient balance of the applicable digital assets stored at your protocol-compatible wallet address to complete any Transaction on Superseed.
3. The cost of Transactions is variable and subject to increase at any time, which may result in price fluctuations or increased costs when using the Services, and that you will pay all fees incurred by you or on behalf of your Services, at the prices in effect when such fees are incurred.
4. You are responsible for any taxes applicable to your Transactions.

Transactions entered into in connection with the Services are irreversible and final, and there are no refunds.

4. Ownership and Content

Ownership of the Website and the Services. The Services and all content included in the Website or made available through the Services, including but not limited to all copyrights, trademarks, patents, service marks, domain names, trade names, rights in design, software code, icons, logos, characters, know-how, trade secrets, buttons, color scheme, graphics, information, and other materials, are protected under copyright, trademark, and other intellectual property laws. You agree that Foundation and/or its affiliates or licensors own all rights, title, and interest in and to the Website and the Services (including any and all intellectual property rights therein), and you agree not to take any action(s) inconsistent with such ownership interests. We reserve all rights in connection with the Website, the Services, and their content.

User-Generated Content. You may make available certain materials (each, “User-Generated Content” or “UGC”) through or in connection with the Website or the Services, including on profile pages or on the interactive portions of our Website, such as the community section, message boards, and other forums, chatting, commenting, and other messaging functionality. We have no control over and are not responsible for any use or misuse (including any distribution) by any third party of UGC. In connection with your provision of any User-Generated Content through the Website or the Services, you acknowledge and agree that:

• You are responsible for ensuring that all UGC you post is either your own or you have permission to use it.
• You must not violate any privacy, publicity, copyright, or other rights, and you will be liable for any damages resulting from copyright, trademark, or other rights infringements caused by your UGC.
• You will not share any personal or security information about yourself or others and refrain from attempting to obtain such information from someone else.
• You will not offer investment advice, manage portfolios, or provide any service requiring regulatory authorization unless you are properly licensed.
• You will not claim that we endorse or guarantee the validity of your UGC.
• You will not advertise or promote other businesses or services, including posting commercial content or spam.

5. Third-Party Services or Materials

Third-Party Services or Materials. The Website or Services may display, include links or references to, or otherwise make available services, content, data, information, applications, or materials from third parties or provide links to certain third-party websites (“Third-Party Services and Materials”). All Third-Party Services and Materials are made available solely for your convenience and information. We do not control or endorse these Third-Party Services and Materials and are not legally responsible for any content, material, or information they contain. You agree that your access to and use of such Third-Party Services and Materials is governed solely by the terms and conditions of such Third-Party Services and Materials, as applicable.

6. Disclaimers, Limitations of Liability, and Indemnification

Disclaimers. Your access to and use of the Website and the Services and, separately, the Bridge Contracts, is entirely at your own risk. You understand and agree that the Website and the Services are provided to you on an “AS IS” and “AS AVAILABLE” basis. Without limiting the foregoing, to the maximum extent permitted under applicable law, the Foundation, its subsidiaries, affiliates, related companies, service providers, and its and their officers, directors, supervisors, consultants, advisors, agents, representatives, partners, and licensors (collectively, the “Foundation Persons”) DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION ANY WARRANTIES RELATING TO TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, USAGE, QUALITY, PERFORMANCE, OR SUITABILITY.

7. Acknowledgement of Risk

You acknowledge that there are risks associated with purchasing and holding cryptocurrency and using blockchain technology. These include, but are not limited to, the risk of losing access to cryptocurrency or digital assets due to slashing, loss of private key(s), custodial error or purchaser or user error, risk of mining, staking, or blockchain-related attacks, hacking and security weaknesses, unfavorable regulatory intervention, token taxation, and uninsured losses.

8. Arbitration and Class Action Waiver

Informal Process First. You and Foundation agree that in the event of any dispute, both parties will make a good faith effort to resolve it informally before resorting to arbitration or other means.

Arbitration Agreement and Class Action Waiver. After informal dispute resolution, any remaining dispute will be resolved through binding arbitration, administered by JAMS under its Comprehensive Arbitration Rules. This arbitration is on an individual basis, with no class actions or aggregation of claims permitted.

9. Additional Provisions

We may modify these Terms, suspend your access, or terminate your services at any time for any reason. All disclaimers, indemnities, and limitations of liability survive termination of the Terms.