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Superseed Terms of Use

Effective Date Apr 15, 2024

Welcome to Superseed, provided by Arkantum Labs SRL ("Arkantum", "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. These Terms of Use ("ToS"), set out the general terms and conditions applicable to your access to and use of our Website (https://www.superseed.xyz/), applications, products, and services (collectively, the "Services").

These ToS are applicable to you, in your capacity as a user of the Website and as a beneficiary of all Services and information made available on the Website.

1. Acceptance of the ToS

Please read these ToS carefully before using the Website and the Services, to ensure that you understand each provision. These ToS and any documents we refer to herein form the agreement between you and Arkantum.

You expressly agree to these ToS and you acknowledge that we will consider your access to and use of our Website, including our Services, as acceptance of these ToS. You are responsible for checking our Website periodically in order to review the current version of the ToS and to familiarise yourself with any changes to them.

These ToS apply to any person accessing the Website and by using the Website you agree to be bound by them. In case that you don’t want to be bound by them, you should not access the Website or use the Services.

2. Superseed and Our Services

Superseed is a decentralized layer-two optimistic rollup on the Ethereum public blockchain. Superseed incorporates smart contracts that facilitate the bridging of digital assests between Ethereum and Superseed (“Bridge Contracts”). However, neither Superseed, nor the Bridging Contracts are included in the Services.

The Service that enable you to access and interact with Superseed and the Bridge Contracts is the following:

Testnet – a distinct test environment that allows you to conduct testing of blockchain applications (dApps), smart contracts, and protocols. You are authorized to access and utilize the Testnet environment solely for the purposes of testing and enhancing the functionality, security, and design of Superseed or applications developed on Superseed, in accordance with these ToS. Digital assets acquired on the Testnet will not be exchangeable into any reward, except as expressly communicated by us.

Using the Services shall require you to pay a fee.

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

  • you have a sufficient balance of digital assets to complete any transaction on Superseed before initiating such transaction, and
  • you have stored your digital assets in a compatible wallet address to Superseed protocol to complete any transaction on Superseed.
By engaging with Superseed or the Bridging Contracts, you acknowledge and accept that Arkantum provides no warranties or guarantees about their functionality and that they are used entirely at your own risk.

We may modify, suspend or discontinue, temporarily or permanently, all or any part of our Services with or without notice. We reserve the right, at any time and for any reason, to discontinue, redesign, modify, enhance, change, patch the software, the Services, and/or the Services, including without limitation, the structure, specifications, 'look and feel', navigation, features and other elements of the software and/or the Services or any part thereof. You agree that we will not be liable to you or to any third party (for whom you may be acting) for any modification, suspension or discontinuance of all or any part of our Services.

3. Access to the Website and Use of the Services.

To use the Services, Superseed, or the Bridging Contracts, you must connect a compatible cryptocurrency wallet software. The terms and conditions governing your relationship with any wallet provider are set by the respective provider and are not covered by these ToS. You are solely responsible for keeping the private keys associated with your wallet confidential and for all actions or communications signed using your private key. 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.

Since blockchain, including Superseed and Etherum mainnet, is an independent public or private peer-to-peer network and is not controlled in any way or manner by us, we shall not be responsible for any failure and/or mistake and/or error and/or breach which shall occur in blockchain or in any other networks in which the crypto asset are being issued. You will be bound and subject to any change and/or amendments in the blockchain system and subject to any applicable law which may apply to the blockchain. We make no representation or warranty of any kind, express or implied, statutory or otherwise, regarding the blockchain functionality nor for any breach of security in the blockchain. You should be aware of the risks that may result from any system failure which could mean that your order may be delayed or fail.

The access to the Website, the Services, Superseed, and the Bridging Contracts are provided on an "as is" and "as available" basis without any representation or warranty, whether express, implied or statutory. You represent that you understand there are risks inherent in using cryptographic and public blockchain-based systems, including, but not limited, to the Services and digital assets such as ether (ETH). You expressly agree that you assume all risks in connection with your access and use of Superseed, the Bridging Smart Contracts, and the Services offered by us.

That means, among other things, you understand and acknowledge that we do not and cannot promise or guarantee that:

  1. the Services, Superseed, and the Bridging Contracts, the Website or any content on it, will always be available or uninterrupted (from time to time, access may be interrupted, suspended or restricted, as indicated below or due to the fact that We are carrying out planned maintenance);
  2. the Website is free of viruses or errors, its content is accurate, that it will be uninterrupted, or that defects will be corrected;
  3. the Services, Superseed, and the Bridging Contracts will be will be available at all times;
  4. access to our Website, any part of the Services, Superseed, and the Bridging Contracts, our ToS and other information provided by us on the Website or any part of our Services, Superseed, and the Bridging Contracts will be continuous, uninterrupted, timely, or error-free or omissions-free.
We have the right to limit, at our sole discretion, the availability of the Website to any person, geographic area or jurisdiction and/or to prohibit your access to and use of the Website, at any time.

We may suspend or disable your access to the Website if we deem it reasonable to do so, including but not limited as a result of your infringement of these ToS.

We may remove or amend the content of the Website at any time. However, some of the content may be out of date at any given time and we are under no obligation to update it.

The access to the Website and the Services may be interrupted, suspended or restricted, in certain cases, including but not limited to: a breach of these ToS by you, an error, unforeseen circumstances, planned maintenance.

We are not liable to you where you suffer a loss, cost, or expense as a result of:
  1. the Website and the Services is unavailable at any time for any reason;
  2. any delay or interruptions caused by any computer viruses, spyware, scareware, Trojan horses, worms or other malware that may affect your computer or other equipment, any cyber-attack or any phishing, spoofing or other attacks;
  3. any loss caused by theft, robbery, burglary or other criminal taking if a computer, computer system, computer software program, malicious code, computer virus or process or any other electronic system is used to perform such acts;
  4. any loss of any kind resulting from any communication failures, disruptions, errors, distortions or delays You may experience when using the Website, (including the Services), regardless of how they are caused;
  5. any lost profits or damages that are caused by or are connected to the unauthorised use of the Website (and Services) or Services;
  6. and any loss of any kind, from action taken in reliance on material or information, contained on the Services or Website and/or on the blockchain systems.
You acknowledge that there are risks associated with the system over the internet including, but not limited to, the failure of hardware, software, and internet connections, the risk of malicious software introduction, the risk that third parties may obtain unauthorized access to information and/or assets (including Your crypto asset/token) stored on your behalf, cyber-attack, the crypto asset network failure (such as blockchain), computer viruses, communication failures, disruptions, errors, distortions or delays you may experience when transactioning via Superseed or Services, howsoever caused, spyware, scareware, trojan horses, worms or other malware that may affect your computer or other equipment, or any phishing, spoofing or other attacks. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from us.

As a condition to accessing or using the Website, the Services, Superseed, and the Bridging Contracts, you:
  1. will only use the Website, the Services, Superseed, and the Bridging Contracts for lawful purposes and in accordance with these ToS;
  2. will ensure that all information that you provide on the Website is current, complete and accurate;
  3. will maintain the security and confidentiality of access to your digial assets wallet;
  4. shall comply with all applicable national and international laws, statutes, ordinances and regulations applicable to your use of the Website, the Services, Superseed, and the Bridging Contracts;
  5. shall not breach any applicable legislation, including, without limitation, any relevant and applicable anti-money laundering and anti-terrorist financing laws and any relevant and applicable privacy and data collection laws, in each case as may be amended;
  6. shall not export, re-export, or transfer, directly or indirectly, any of our technology in violation of applicable export laws or regulations;
  7. shall not infringe on or misappropriate any contract, intellectual property or other third-party rights, or commit a tort while using the Website, the Services, Superseed, and the Bridging Contracts;
  8. shall not misrepresent the truthfulness, sourcing or reliability of any content on the Website and/or the Services;
  9. shall not use the Website, the Services, Superseed, and the Bridging Contracts in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Website, the Services, Superseed, and the Bridging Contracts, or that could damage, disable, overburden, or impair the functioning of the the Website, the Services, Superseed, and the Bridging Contracts l in any manner;
  10. shall not attempt to circumvent any content-filtering techniques or security measures that we deployed on the Website, or attempt to access any service or area of the Website that you are not authorized to access;
  11. shall not use any robot, spider, crawler, scraper, or other automated means or interface not provided by us, to access the Website to extract data;
  12. introduce any malware, virus, trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Website.

4. Acknowledgements, Representations and Warranties

By using the Website, the Services, Superseed, and the Bridging Contracts, You acknowledge, represent and warrant that:

  1. You are over 18 years old or the age of majority, required by your residence state, whichever is older, and you have the capacity to be bound by these ToS;
  2. You are eligible to enter a legally online binding agreement with us in accordance with the laws governing the jurisdiction applicable to you;
  3. You are solely and completely responsible for your own compliance with applicable legislation in your jurisdiction;
  4. if you are the representative of a body corporate, unincorporated association, trust or partnership you represent that such entity is validly existing in accordance with applicable legislation and it has obtained all necessary approvals and authorisations under its constitutional or organisational documents;
  5. if you agree to these ToS on behalf of a legal entity, then you have the legal authority to held liable the legal entity to these ToS;
  6. all information that you supply is true, accurate, complete and not misleading and we may rely upon information and documents provided by you and we are not responsible for any damages or losses which may arise from any inaccuracies;
  7. You can distinguish between Services and understand the underlying mechanisms behind financial applications;
  8. neither the acceptance of these ToS, or use of the Services, Superseed, and the Bridging Contracts, or the giving of any other instruction will violate any law, rule, or regulation applicable to you;
  9. all money that you use and invest for acquiring digital assets and for the use Services, Superseed, and the Bridging Contracts do not originate in any way from drug trafficking, abduction, terrorist activity or any other criminal activity that is unlawful or could be considered unlawful by any relevant authority;
  10. You have not and will not upload or transmit any malicious code to the Services, Superseed, and the Bridging Contracts or otherwise use any electronic device, software, algorithm, and/or dealing method or strategy that aims to manipulate any aspect of the Services, Superseed, and the Bridging Contracts or the Services, Superseed, and the Bridging Contracts;
  11. You will use the Services offered by us pursuant to these ToS honestly, fairly and in good faith;
  12. You are responsible for your interactions with other users via the Services, Superseed, and the Bridging Contracts. Although we may monitor user interactions, we are not required to do so and are not liable for your interactions or any user’s conduct. If you have a dispute with other users, you release us (including our affiliates, subsidiaries, and their respective officers, directors, employees, and agents) from all claims, demands, and damages of any kind related to these disputes. By agreeing to this release, you expressly waive any legal protections that would limit this release to claims known to you at the time.
  13. Our Privacy Statement and Cookie Policy shall be applicable to your use of the Website and the Services.
If you breach any warranty or representation made according to these ToS, we may suspend or terminate the provisions of Services and prohibit your access to the Website, and the Services.

5. Content that you post on our Community Section

When you post content on the Community Section of our Website,

  1. You are responsible for ensuring that all content you post is either your own or you have permission to use it.
  2. You must not violate any privacy, publicity, copyright, or other rights, nor should you make derogatory or defamatory statements about any person or entity. You will be liable for any damages resulting from copyright, trademark, or other rights infringements caused by the content you post.
  3. Do not share any personal or security information about yourself or others, and refrain from attempting to obtain such information from someone else.
  4. You must not offer investment advice, manage portfolios, or provide any service requiring regulatory authorization unless you are properly licensed.
  5. Do not claim that we endorse or guarantee the validity of your content.
  6. You are prohibited from advertising or promoting other businesses or services, including posting commercial content or spam.
  7. Avoid posting content that is abusive, inciteful, defamatory, harassing, insulting, sexually explicit, offensive, racist, rude, hateful, threatening, violent, or illegal.
  8. Do not post content that includes unsolicited promotions, commercial messages, chain messages, or any content designed to deceive or mislead users of the Website, Services and Superseed.
  9. Do not encourage or induce any third party to participate in activities that are prohibited under these ToS.
We reserve the right to review and monitor your activity and posts on our Community Section. If you violate any of the established rules, we will document the infraction and remove the offending post without prior notification. Depending on the severity of the breach, we may restrict your access to the Website, Services, Superseed, and the Bridging Contracts and we will notify you when such actions are taken. In accordance with applicable laws, we may also need to report the breach to regulatory or governmental authorities and assist them with any subsequent investigations.

By posting content in the our Community Section, you grant us a non-exclusive, irrevocable, transferable, sub-licensable, royalty-free, worldwide license to use, copy, store, display, and publish your content in any form or media. This includes the right to use your content on our website, in advertisements, printed media, and newspapers, among other uses, without any obligation for attribution, royalties, or other compensation to you.

6. Risk Disclosure and Assumption

You acknowledge that your use of the Website, Services, Superseed, and the Bridging Contracts involve certain risks, including without limitation the following risks:

  1. Decentralized Finance (DeFi) exposes users to several risks, including smart contract vulnerabilities susceptible to attacks, and "rug pulls" where significant fund withdrawals can drastically reduce a token's value. High-risk pools also present considerable danger.
  2. Crypto-assets are highly volatile digital assets characterized by extreme risk.
  3. You bear full responsibility and liability for any smart contracts you engage with, as Arkantum is not involved in these contracts.
  4. While your access to crypto-assets via our Services may be suspended or terminated, you can still access them directly through the smart contracts.
  5. Delays in accessing or using your crypto-assets could lead to a decrease in their value or prevent you from completing transactions via smart contracts.
  6. Access to the Website and Services can be suspended or terminated at any time for any reason, potentially restricting your access to your crypto-Assets.
  7. Fees for the Services are dynamic and can vary.
  8. Market stability is influenced by volatility, which can lead to liquidity providers withdrawing their assets during periods of high volatility to minimize losses or capitalize on market opportunities.
  9. Arkantum updates its fees in real-time, and Services fees may change based on governance votes or an algorithmic approach that balances supply and demand.
  10. You are responsible for configuring your information technology, computer programs in order to access the Website. You should use your own virus protection software.
  11. In particular, the content and materials available on the Website do not constitute any form of investment advice or recommendation by us, should not be regarded as an offer, solicitation, invitation or recommendation to buy or sell or any other financial services and is not intended to be relied upon by you in making any specific investment or other decisions.
  12. Any opinions, news, research, analyses, prices, or other information contained on this Website are provided as general market commentary, and do not constitute investment advice. Arkantum shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information provided.
  13. Nothing included in the Website constitutes an offer or solicitation to sell, or distribution of, investments and related services to anyone in any jurisdiction.
  14. From time to time, reference may be made to data we have gathered. These references may be selective or, may be partial. As markets change continuously, previously published information and data may not be current and should not be relied upon.
Taking into consideration the above-mentioned, you hereby acknowledge and agree that:
  1. You assume all risk in connection with your access and use of the Website, Services, Superseed, and the Bridging Contracts ;
  2. You expressly waive and release Arkantum from any and all liability, claims, causes of action, or damages arising from or in any way related to your use of the the Website, Services, Superseed, and the Bridging Contracts.

7. Third-Party Links

The Website may include hyperlinks or references to third-party websites solely for your convenience and information. We do not control these third-party websites and are not legally responsible for any content, material, or information they contain.

The presence of any hyperlink or reference does not imply our endorsement of the third-party website, nor their products or services. When you use these third-party sites, your use is subject to the terms and conditions of those sites.

8. Intellectual Property Rights

All content included in the Website or made available through the Services and Services, including but not limited to all copyright, trademarks, patents, service marks, domain names, trade names, rights in designs, software code, icons, logos, characters, layouts, rights in know-how, trade secrets, buttons, color scheme, graphics and any other intellectual property rights ("Intellectual Property") is the property of Arkantum, its affiliates or its licensors and is protected by local and international intellectual property laws and treaties.

  1. You may not, without our prior written consent: modify, copy, display, distribute or commercially exploit any Intellectual Property or materials (including text, video, audio or user interface design) in the content of any of the Website, including in the Services;
  2. remove any proprietary notices from any Intellectual Property;
  3. attempt to derive any source code for the Services;
  4. and attempt to disable, bypass, modify, defeat, or otherwise circumvent any protection system applied to or used as part of the Website or Services.
Using the Services grants you only the rights explicitly outlined in these ToS. Our Website or any communications directed to you do not imply or grant any license or right to use any Intellectual Property unless explicitly granted through our prior written consent.

If you decide to create a hyperlink to one of our Websites, the use and context of the hyperlink must not imply any endorsement, sponsorship, or affiliation with Arkantum, its affiliates, Services, or Superseed without our prior written approval. Additionally, such a hyperlink may not utilize any of our Intellectual Property beyond what is included within the hyperlink text itself.

You are prohibited from monitoring, using, or copying any part of our web page without our express prior permission. Unauthorized use or reproduction of our content may lead to legal action.

You retain ownership and copyright of any data you upload or submit to the Website and/or the Community Section. However, you grant us a worldwide, royalty-free, irrevocable license to use, copy, distribute, publish, and transmit this data in any form.

As between you and Arkantum, you maintain ownership and all intellectual property rights to the content and materials you contribute to the Services. However, you grant us a limited, non-exclusive, worldwide, royalty-free license to use your content solely for the purpose of operating the Services. This license does not permit us to use your intellectual property for any other purposes, such as in advertisements, beyond the operation of the Services.

Liability Limitation

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER ARKANTUM NOR ITS SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES. THIS INCLUDES BUT IS NOT LIMITED TO DAMAGES FOR LOST PROFITS, REVENUES, SAVINGS, BUSINESS OPPORTUNITIES, LOSS OF DATA, GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE, SYSTEM FAILURE, INTELLECTUAL PROPERTY INFRINGEMENT, OR THE COST OF SUBSTITUTE SERVICES ARISING FROM OR CONNECTED WITH THESE TERMS, OR FROM THE USE OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR ANY OTHER LEGAL THEORY. THIS HOLDS EVEN IF ARKANTUM OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS IF A REMEDY SET FORTH HEREIN FAILS OF ITS ESSENTIAL PURPOSE. IN NO EVENT WILL ARKANTUM'S TOTAL LIABILITY ARISING FROM OR RELATED TO THESE TOS OR THE USE OR INABILITY TO USE THE SERVICES EXCEED THE GREATER OF THE AMOUNT YOU HAVE PAID TO ARKANTUM FOR THE SERVICES, OR ONE HUNDRED DOLLARS ($100). THE LIMITATIONS AND EXCLUSIONS OF LIABILITY ARE FUNDAMENTAL ELEMENTS OF THE AGREEMENT BETWEEN YOU AND ARKANTUM. IF ANY PART OF THESE LIMITATIONS IS FOUND TO BE INVALID UNDER THE LAWS OF YOUR STATE OF RESIDENCE, SUCH INVALIDITY WILL NOT AFFECT THE VALIDITY OF THE REMAINING PORTIONS OF THESE TERMS. NOTE THAT SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO SOME OF THE ABOVE LIMITATIONS AND EXCLUSIONS MAY NOT APPLY TO YOU.

10. Force Majeure

We shall not be liable for delays, failure in performance or interruption of service which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, significant market volatility, act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, pandemic, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.

11. Amendments to the ToS

We reserve the right, at our sole discretion, to make changes to these ToS and to indicate, on the Website the fact that changes/modifications/variations have occurred, this representing sufficient notice on this matter. Such changes shall be binding on users of the Website and shall take effect immediately upon posting.

You hereby agree to observe any changes, variations or modifications to our ToS and your continued use of the Website and/or the Services shall constitute acceptance of any such changes, variations or modifications. There might be times when we don't tell you about a change to these ToS, for example, if a change does not disadvantage you. A copy of the most up to date version of these ToS is available on our Website.

12. Governing Law

You agree that the laws of Romania, without regard to principles of conflict of laws, will govern these ToS and any Dispute.

13. Dispute Resolution

These ToS have been drawn up in accordance with the laws of Romania and the application, interpretation, and termination shall be governed by the laws of Romania.

Jurisdiction of the United States of America and Canada (including all territories of these countries) and sanctioned countries is specifically excluded from these ToS.

Any disputes regarding the use of the Services and/or in connection with these ToS shall be settled through negotiations. If the parties fail to resolve the dispute through negotiation, the disputes shall be settled by Bucharest Courts, pursuant to the procedure provided by the law of Romania.

You and Arkantum agree that any party hereto may bring claims against the others only on an individual basis and not as a plaintiff or class member in any purported class or representative action or proceeding. No adjudicator may consolidate or join more than one person’s or party’s claims and may not otherwise preside over any form of a consolidated, representative, or class proceeding. Any relief awarded to any one Arkantum user cannot and may not affect any other Arkantum user.

14. Miscellaneous

We may perform any of our obligations, and exercise any of the rights granted to us under these ToS, through a third-party. We may assign any or all our rights and obligations under these ToS to any third-party.

If any clause or part of any clause of these ToS is found to be void, unenforceable or invalid, then it will be severed from these ToS, leaving the remainder in full force and effect, provided that the severance has not altered the basic nature of these ToS.

No single or partial exercise, or failure or delay in exercising any right, power or remedy by Us shall constitute a waiver by us of, or impair or preclude any further exercise of, that or any right, power or remedy arising under these ToS or otherwise.

If any of the provisions in these ToS are found to be illegal, invalid or unenforceable by any court of competent jurisdiction, the remainder shall continue in full force and effect.

All disclaimers, indemnities and exclusions in these ToS shall survive termination of the ToS and shall continue to apply during any suspension or any period during which the Website is not available for you to use for any reason whatsoever.

These ToS and the documents referred to in them set out the entire agreement between you and us with respect to your use of the Website, Services and the Services and supersede any and all prior or contemporaneous representations, communications or agreements (written or oral) made between you or us.