Legal

Terms of Service

Last updated: November 2024

1. Acceptance of Terms

By accessing or using TokenLayer's platform and services ("Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not use our Services.

2. Description of Services

TokenLayer provides a blockchain-agnostic tokenization platform that enables the creation, management, and lifecycle control of digital tokens representing various asset classes. Our Services include APIs, dashboards, smart contract deployment, and related infrastructure.

3. Eligibility

You must be at least 18 years old and have the legal capacity to enter into contracts to use our Services. By using our Services, you represent that you meet these requirements and that all registration information you provide is accurate and truthful.

4. Account Registration

When you create an account, you agree to:

  • Provide accurate, current, and complete information
  • Maintain and update your information as needed
  • Keep your login credentials secure and confidential
  • Accept responsibility for all activities under your account
  • Notify us immediately of any unauthorized access

5. Acceptable Use

You agree not to use our Services to:

  • Violate any applicable laws or regulations
  • Infringe on intellectual property rights of others
  • Engage in fraudulent or deceptive activities
  • Distribute malware or harmful code
  • Attempt to gain unauthorized access to our systems
  • Interfere with or disrupt our Services
  • Use our Services for money laundering or terrorist financing

6. Tokenization Services

When using our tokenization services, you are responsible for ensuring that any assets you tokenize are legally owned by you or that you have proper authorization. You must comply with all applicable securities laws, regulations, and licensing requirements in your jurisdiction.

7. Fees and Payments

Certain Services may require payment of fees. All fees are described in our pricing documentation. You agree to pay all applicable fees and authorize us to charge your designated payment method. Fees are non-refundable unless otherwise stated.

8. Intellectual Property

TokenLayer and its licensors retain all rights, title, and interest in our Services, including all intellectual property rights. You are granted a limited, non-exclusive license to use our Services in accordance with these Terms. You may not copy, modify, distribute, or reverse engineer any part of our Services.

9. Disclaimers

Our Services are provided "as is" and "as available" without warranties of any kind. We do not guarantee that our Services will be uninterrupted, secure, or error-free. We are not responsible for any losses resulting from blockchain network issues, smart contract vulnerabilities, or market conditions.

10. Limitation of Liability

To the maximum extent permitted by law, TokenLayer shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of our Services. Our total liability shall not exceed the fees you paid to us in the twelve months preceding the claim.

11. Indemnification

You agree to indemnify and hold harmless TokenLayer, its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of our Services, your violation of these Terms, or your violation of any rights of third parties.

12. Termination

We may suspend or terminate your access to our Services at any time for any reason, including violation of these Terms. Upon termination, your right to use our Services will immediately cease. Provisions that by their nature should survive termination will remain in effect.

13. Governing Law

These Terms shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles. Any disputes arising from these Terms shall be resolved through binding arbitration or in the courts of competent jurisdiction.

14. Changes to Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes by posting the updated Terms on our platform. Your continued use of our Services after such changes constitutes acceptance of the new Terms.

15. Contact Information

For questions about these Terms of Service, please contact us at:

Email: contact@tokenlayer.tech