Terms of Service

Nuo.Network is a website of Nuo Capital Pte. Ltd. (hereinafter “Nuo”, “we”, “our”, or “us”). Set forth below are the terms and conditions for the use of our website (the “Site”). By accessing or using the Site, you acknowledge and confirm that you have read, understood, and agree to be bound by these Terms of Service (“Terms”), whether or not you elect to be a registered user of our Site. The Terms maybe modified, amended and updated from time to time. The Terms apply to all visitors, users, and others who access the Site (“Users”).

Nuo Site.

As part of the Site, Nuo provides access to a decentralized peer to peer debt marketplace (“Marketplace”) on the Ethereum blockchain, that allows suppliers or borrowers of Ethereum assets (“Assets”) to transact using smart contracts (“Smart Contracts”).

Use of Our Site.

A. Eligibility

The Terms are a binding contract between you and Nuo. You must read and agree to the Terms before using the Site. only in accordance with the Terms and all applicable local, state, national, and international laws, rules and regulations. We do not advice on any applicable legal provisions that may restrict your use of this Site. Any use or access to the Site by anyone under eighteen (18) years of age is strictly prohibited and in violation of the Terms. The Site is not available to any Users previously removed from the Site by Nuo.

By entering this Site you represent that:

(1) You are not prohibited from entering this site or transact using Smart Contracts under any law, regulatory prohibition or judicial pronouncement.
(2) You understand the risks associated with the Assets and the transaction using Smart Contracts
(3) You understand that you will be dealing with third parties and Nuo has not verified and will not be in a position to verify any transaction you make using Smart Contracts


B. Access and Use of the Site and Smart Contracts

Subject to the Terms, you are granted limited access and a non-transferrable non-exclusive license to use the Site as permitted by the features of the Site. Nuo reserves all rights not expressly granted herein in the Site and the Nuo Content (as defined below). The access grant to you in this Section 2(B) includes the right to use the Marketplace and associated Smart Contracts, the contract addresses for which can be found at https://github.com/NuoNetwork/contracts-v2.


C. Site Rules

You agree not to engage in any of the following prohibited activities: (i) copying, distributing, or disclosing any part of the Site in any medium, including without limitation by any automated or non-automated “scraping”; (ii) using any automated system, including without limitation “robots,” “spiders,” “offline readers,” etc., to access the Site in a manner that sends more request messages to the Nuo servers than a human can reasonably produce in the same period of time by using a conventional on-line web browser (except that Nuo grants the operators of public search engines revocable permission to use spiders to copy publically available materials from https://nuo.network/robots.txt for the sole purpose of and solely to the extent necessary for creating publicly available searchable indices of the materials, but not caches or archives of such materials); (iii) transmitting spam, chain letters, or other unsolicited email; (iv) attempting to interfere with, compromise the system integrity or security or decipher any transmissions to or from the servers running the Site; (v) taking any action that imposes, or may impose at our sole discretion an unreasonable or disproportionately large load on our infrastructure; (vi) uploading invalid data, viruses, worms, or other software agents through the Site; (vii) collecting or harvesting any personally identifiable information, including account names, from the Site; (viii) using the Site for any commercial solicitation purposes; (ix) impersonating another person or otherwise misrepresenting your affiliation with a person or entity, conducting fraud, hiding or attempting to hide your identity; (x) interfering with the proper working of the Site; (xi) accessing any content on the Site through any technology or means other than those provided or authorized by the Site; (xii) bypassing the measures we may use to prevent or restrict access to the Site, including without limitation features that prevent or restrict use or copying of any content or enforce limitations on use of the Site or the content therein; (xiii) using the Site for any purpose prohibited or regulated by local or international laws; (xiv) using the Site for the purposes other than for transacting in Smart Contracts

We may take any of the following actions upon breach of the Terms or potential breach of Terms, without any notice:

  • Stop providing any or all features of the Site
  • Permanent or temporary suspension of all use privileges or Site facilities
  • Generally limit the usage
  • Notify any third party of any such breach of Terms as maybe necessary rectify the breach

Irrespective of any breach of the Terms your right to continued access to the Site is at the sole discretion of Nuo, Nuo reserves the right to decline and terminate your user access at its sole discretion without assigning any reason. You are solely responsible for your interactions with other Nuo Users and Marketplace Users. We reserve the right, but have no obligation, to monitor disputes between you and other Users. Nuo shall have no liability for your interactions with other Users, or for any User’s action or inaction.


D. Site Location

The Site is controlled and operated from facilities in the Singapore. Nuo makes no representations that the Site is appropriate or available for use in other locations. Those who access or use the Site from other jurisdictions do so at their own volition and are entirely responsible for compliance with all applicable Singapore and local laws and regulations, including but not limited to export and import regulations. You may not use the Site if you are a resident of a country embargoed by the government of Singapore, United States, European Union or are a foreign person or entity blocked or denied by the Singapore or United States government. You may not use this Site if you are resident of country which has been sanctioned by the United Nations. Unless otherwise explicitly stated, all materials found on the Site are solely directed to individuals, companies, or other entities located in the Singapore.


Our Proprietary Rights.

The Site and all materials therein or transferred thereby, including, without limitation, software, images, text, graphics, illustrations, logos, patents, trademarks, service marks, copyrights, photographs, audio, videos, music, and User Content belonging to other Users (the “Nuo Content”), and all Intellectual Property Rights related thereto, are the exclusive property of Nuo and its licensors. Except as explicitly provided herein, nothing in this Agreement shall be deemed to create a license in or under any such Intellectual Property Rights, and you agree not to sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit or create derivative works from any Nuo Content. Use of the Nuo Content for any purpose not expressly permitted by this Agreement is strictly prohibited.


No Professional Advice.

All information on the Site is for informational purposes only and should not be construed as professional advice. You should contact your own legal, financial, tax or other professional advisors. Neither the Site nor we provide any legal, financial, taxation or any other professional advice. No action should be taken based upon any information contained in the Site. You should seek independent professional advice from a person who is licensed and/or qualified in the applicable area.


Privacy.

We care about the privacy of our Users. You understand that by using the Sites you consent to the collection, use and disclosure of personally identifiable information and aggregate data, and to have your personally identifiable information collected, used, transferred to and processed in Singapore.


Security.

Nuo uses commercially reasonable physical, managerial, and technical safeguards to preserve the integrity and security of your personal information and implement your privacy settings. However, we cannot guarantee that unauthorized third parties will never be able to defeat our security measures or use your personal information for improper purposes. You acknowledge that you provide your personal information at your own risk.


Third-Party Links and Information.

The Site may contain links to third-party materials that are not owned or controlled by Nuo. Nuo does not endorse or assume any responsibility for any such third-party sites, information, materials, products, or services. If you access a third-party website or service from the Site on or through any third-party website or service, you do so at your own risk, and you understand that this Agreement and Nuo’s Privacy Policy do not apply to your use of such sites. You expressly relieve Nuo from any and all liability arising from your use of any third-party website, service, or content. Additionally, your dealings with or participation in promotions of advertisers found on the Site, including payment and delivery of goods, and any other terms (such as warranties) are solely between you and such advertisers. You agree that Nuo shall not be responsible for any loss or damage of any sort relating to your dealings with such advertisers.


Indemnity.

You agree to defend, indemnify and hold harmless Nuo and its subsidiaries, agents, licensors, managers, and other affiliated companies, and their employees, contractors, agents, officers and directors, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney’s fees) arising from: (i) your use of and access to the Site, including any data or content transmitted or received by you; (ii) your violation of any term of this Agreement, including without limitation your breach of any of the representations and warranties above; (iii) your violation of any third-party right, including without limitation any right of privacy or Intellectual Property Rights; (iv) your violation of any applicable law, rule or regulation; (v) any content that you submit to the Site including without limitation misleading, false, or inaccurate information; (vi) your willful misconduct; or (vii) any other party’s access and use of the Site with your unique username, password or other appropriate security code.


Assumption of Risk; Release of Claims.

You acknowledge that the Site (including without limitation the Marketplace and the Smart Contracts) and your use of the Site contain certain risks, including without limitation the following risks: That any Smart Contracts you interact with are entirely your own responsibility / liability, and Nuo is not a party to the Smart Contracts; At any time, your access to your Assets may be suspended or terminated or there may be a delay in your access or use of your Assets which may result in the Assets diminishing in value or you being unable to complete a Smart Contract; if you are a borrower of Assets and if your collateral declines such that your collateral is no longer sufficient to secure your borrowed Assets, other Users may seize your collateral to close out your borrowed Asset balance; and The Marketplace may be suspended or terminated for any or no reason, which may limit your access to your Assets.

Accordingly, you expressly agree that: (A) you assume all risk in connection with your access and use of the Site, the Marketplace and the Smart Contracts; and (B) that you expressly waive and release Nuo from any and all liability, claims, causes of action, or damages arising from or in any way related to your use of the Site, the Marketplace or the Smart Contracts.


No Warranty.

The Site is provided on an “as is” and “as available” basis. Use of the Site is at your own risk. To the maximum extent permitted by applicable law, the Site is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. No advice or information, whether oral or written, obtained by you from Nuo or through the Site will create any warranty not expressly stated herein. Without limiting the foregoing, Nuo, its subsidiaries, its affiliates, and its licensors do not warrant that the content is accurate, reliable or correct; that the Site will meet your requirements; that the Site will be available at any particular time or location, uninterrupted or secure; that any defects or errors will be corrected; or that the Site is free of viruses or other harmful components. Any content downloaded or otherwise obtained through the use of the Site is downloaded at your own risk and you will be solely responsible for any damage to your computer system or mobile device or loss of data that results from such download or your use of the Site.

Nuo does not warrant, endorse, guarantee, or assume responsibility for any product or site advertised or offered by a third party through the Site or any hyperlinked website or site, and Nuo will not be a party to or in any way monitor any transaction between you and third-party providers of products or services.


Limitation of Liability.

In no event shall Nuo, its affiliates, agents, directors, employees, suppliers or licensors be liable for any indirect, punitive, incidental, special, consequential or exemplary damages, including without limitation damages for loss of profits, goodwill, use, data or other intangible losses, arising out of or relating to the use of, or inability to use, this Site. Under no circumstances will Nuo be responsible for any damage, loss or injury resulting from hacking, tampering or other unauthorized access or use of the Site or the information contained therein.To the maximum extent permitted by applicable law, Nuo assumes no liability or responsibility for any (i) errors, mistakes, or inaccuracies of content; (ii) personal injury or property damage, of any nature whatsoever, resulting from your access to or use of our site; (iii) any unauthorized access to or use of our secure servers and/or any and all personal information stored therein; (iv) any interruption or cessation of transmission to or from the Site; (v) any bugs, viruses, trojan horses, or the like that may be transmitted to or through our site by any third party; (vi) any errors or omissions in any content or for any loss or damage incurred as a result of the use of any content posted, emailed, transmitted, or otherwise made available through the Site; and/or (vii) User Content or the defamatory, offensive, or illegal conduct of any third party. In no event shall Nuo, its affiliates, agents, directors, employees, suppliers, or licensors be liable to you for any claims, proceedings, liabilities, obligations, damages, losses or costs in an amount exceeding the amount you paid to Nuo hereunder.

This limitation of liability section applies whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, even if Nuo has been advised of the possibility of such damage. The foregoing limitation of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction.


Governing Law and jurisdiction.

The interpretation, construction, effect and enforceability of these terms and conditions of website use are governed by relevant Singapore law, and the relevant courts of Singapore will have exclusive jurisdiction for the determination of disputes related thereto.