Terms of Service

Agreement

This is a contract between you and PARADISO VENTURES INC. O/A Balance (“Balance”) and govern your use of the Balance platform, any of our associated websites, APIs, or mobile applications (collectively “the Balance Platform”), and the products and services offered through it (“Balance Services”).

References in this agreement to “Balance”, “we”, “our” or “us”, are to PARADISO VENTURES INC., and references to “you” or “your” are to the person with whom Balance enters into this agreement.

Access to the Balance Platform is provided solely as an accommodation and at Balance's sole discretion, if you do not agree to these terms of service, do not use the Balance Platform. By creating an account through the Balance Platform, you agree that you have read, understood, and accept all of the terms contained in this agreement, as well as our Privacy Policy and Legal Disclaimer (collectively “the Terms”). You must accept and abide by the Terms as presented to you: changes, additions, or deletions are not acceptable, and Balance may refuse access to the Balance Platform for noncompliance with any part of these Terms.

You should be aware that digital currencies and the blockchain are early technologies and as such have an associated high degree of risk. Balance cannot and does not offer financial, tax or investing advice. We invite prospective clients to perform their own independent research, as they will hold the entire liability associated with purchasing a Digital Asset Cache™ and using our services, potentially including partial or total loss of capital.

No Investment Advice

You understand and acknowledge that:

a) no service on the Balance Platform constitutes a licensed financial service;

b) no information, analyses, services, or any other materials presented on the Balance Platform constitute any basis for any investment decision;

c) the Balance Platform or any other material provided by Balance is not, and shall not be construed as investment or financial products, but rather as a software application. Accordingly, this agreement does not constitute any invitation or offer to offer to buy or sell any securities or financial products;

d) the digital currencies purchased via the Balance Platform are not protected by any government or other insurance.

Usage
You must be at least 18 years of age or older than the age of majority in the jurisdiction you reside at the time you use the Balance Platform. You acknowledge and take responsibility for only using the Balance Platform from locations where its usage is not illegal. Use of Balance Platform requires compatible hardware, Internet access, and certain software, and may require obtaining updates or upgrades from time to time. Because use of Balance Platform involves hardware, software, and Internet access, your ability to use Balance Platform may be affected by the performance of these factors. High speed Internet access is strongly recommended. You acknowledge and agree that such system requirements, which may be changed from time to time, are your responsibility.
Accuracy of Information
You hereby confirm that any user data you provide to Balance has been accurate, current and complete. You further agree to maintain and update your user data as required to keep it accurate, current, and complete. Balance is not be responsible for any consequences arising from false, incorrect, or incomplete information that you provide to us, including any incorrect digital currency wallet addresses.
Identity Verification
You agree to provide us with the information for the purposes of identity verification and detection of money laundering, terrorist financing or any other proceeds of crime and permit us to keep a record of such information. The information we request may include, but is not limited to your name, address, telephone number, email address, date of birth, photo of a government identification document, utility bill document and/or bank account information. You authorize us to make inquiries directly or through third parties, necessary to verify your identity. You acknowledge and agree that your personal information may be disclosed to such service providers. Additionally, we may require you to wait some amount of time after completing identity verification before permitting you further use of the Balance Platform.
Account and Password

As a registered user of Balance Platform, you must establish an account (“Account”). You are solely responsible for maintaining the confidentiality and security of your Account. You may not reveal your Account information to anyone else, allow anyone else to use your Account, or use anyone else's Account. You are entirely responsible for all activities that occur on or through your Account, and you agree to immediately notify Balance of any unauthorized use of your Account or any other breach of security. Balance shall not be responsible for any losses arising out of the unauthorized or other improper use of your Account. You may ask to cancel your account at any time by sending an email request to support@balancenow.ca.

You may ask to terminate your account by sending an email request to support@balancenow.ca. Balance reserves the right to refuse service, terminate accounts, terminate your rights to use the Balance Platform, remove or edit content, or cancel orders in its sole discretion.

Intellectual Property
You agree that the Balance Platform contains proprietary information and material that is owned by Balance, and is protected by applicable intellectual property and other laws, including but not limited to copyright, trademark and that you will not use such proprietary information or materials in any way whatsoever except for use of the Balance Platform in compliance with these Terms of Service. No portion of the Balance Platform may be reproduced in any form or by any means without our prior written permission. Our logos, wordmarks or any other trademarks may not be used in connection with any product or service without our prior written permission.
Liability Limitations

Balance does not guarantee, represent, or warrant that your use of the Balance Platform will be uninterrupted or error-free, and you agree that from time to time Balance may remove the website (or particular products or services therein) for indefinite periods of time, or cease to offer the platform its entirety, at any time, without notice to you.

You expressly agree that your use of, or inability to use, the platform is at your sole risk. Balance and all products and services delivered to you through the website are provided “as is” and “as available” for your use, without warranties of any kind, either express or implied, including all implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

Links on the Balance Platform may take you to other websites. We are not responsible for the content of any such linked pages and we make no representation or warranty regarding, and do not endorse or approve, any linked websites, products or services described thereon. Your use of any such linked website is at your own risk.

In no case shall Balance, its directors, officers, employees, affiliates, agents, contractors, or licensors be liable for any direct, indirect, incidental, punitive, special, or consequential damages arising from your use of the Balance Platform or for any other claim related in any way to your use of the Balance Platform, including, but not limited to, any errors or omissions in any product or service, or any loss or damage of any kind incurred as a result of the use of any product or service, posted, transmitted, or otherwise made available via the Balance Platform, even if advised of their possibility.

Balance does not represent or guarantee that the Balance Platform will be free from loss, corruption, attack, viruses, interference, hacking, or other security intrusion, and Balance disclaims any liability relating thereto.

Indemnity
By using the Balance Platform service, you agree, to the extent permitted by law, to indemnify and hold Balance, its directors, officers, employees, affiliates, agents, contractors, and licensors harmless with respect to any claims arising out of your breach of these terms of service, any representations or warranties made by you herein, or your other improper, unauthorized or unlawful use of the Balance Platform.
Notices
Balance may send you notice with respect to the Balance Platform by sending an email message to the email address listed in your Account contact information. Notices shall become effective immediately.
Changes to the Terms
Balance reserves the right to make changes to the Terms from time to time, and any such changes shall become effective immediately. We strongly encourage you to refer to the Terms of Service often for the latest information.
Severability
If one or more of the provisions contained in the agreement is found to be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions shall not be affected. Such provisions shall be reformed only to the extent to make it enforceable.
Governing Law

You expressly agree that the laws of the province of Ontario and the applicable laws of Canada, excluding its conflicts of law rules, govern these Terms of Service and your use of the Balance Platform, and that the exclusive jurisdiction for any proceeding relating in any way to your use of the Balance Platform will be the the provincial and federal courts located in Ontario, Canada.

These Terms of Service constitute the entire agreement between you and Balance governing your use of Balance Platform, superseding any prior agreements between you and Balance governing your use of the Balance Platform. If any part of these Terms of Service is held invalid or unenforceable, that portion shall be construed in a manner consistent with applicable law to reflect, as nearly as possible, the original intentions of the parties, and the remaining portions shall remain in full force and effect. Balance's failure to enforce any right or provisions in these Terms of Service will not constitute a waiver of such provision, or any other provision of these Terms of Service. Balance will not be responsible for failures to fulfill any obligations due to causes beyond its control.

Abuse

While using the Balance Platform, you agree not to:

a) use the Balance Platform in any way or take any action that causes, or may cause, damage to the Platform or impair its performance, availability, or accessibility;

b) use the Balance Platform in any way that is unlawful, illegal, fraudulent, or harmful;

c) use the Balance Platform to copy, store, host, transmit, send, use, publish, or distribute any material that consists of any spyware, computer virus, trojan horse, worm, keylogger, rootkit, or any other malicious computer software;

d) conduct any systematic or automated data collection activities including, but not limited to scraping, data mining, data extraction on or in relation to the Platform without prior written permission from Balance;

e) access or otherwise interact with the Balance Platform using any robot, spider, or other automated means without prior written permission from Balance, except for the purpose of search engine indexing.

e) access or otherwise interact with the Balance Platform using any robot, spider, or other automated means without prior written permission from Balance, except for the purpose of search engine indexing.

Last updated: 25 June 2018