Terms of Service
By participating in this beta testing, you agree to the following terms and conditions: These Terms of Service (the “Terms”) constitute a legally binding agreement made between you, whether personally or on behalf of an entity (“you”), and VCRED Ltd. British Virgin Islands (“VCRED,” “we,” or “us”), concerning your access to and use of the https://dudu.rndm.io website (the “Website”),RNDM smart contracts, and our related websites, hosted applications, AI models (collectively, the “Services”). By accessing or using the Services, you agree that you have read, understand, and accept all of the terms and conditions contained in the Terms. If you do not agree to all of the terms and conditions of the Terms, you may not access or use the Services. Amendment of the Terms: We may amend or modify the Terms at any time by posting the revised agreement on the Website and/or providing a copy to you (“Revised Terms”). Such Revised Terms shall be effective as of the time the Revised Terms are posted. Your continued use of the Services after the posting of Revised Terms constitutes your acceptance of such Revised Terms. If you do not agree with any such modifications, your sole and exclusive remedy is to terminate your use of the Services. * You represent and warrant that you are not a person and/or not representing a legal entity which resides in, is a citizen of, is located or incorporated in, has registered office in or is otherwise subject to the jurisdiction of the United States of America or any Prohibited Localities, and that you are not a Restricted Person (each as defined in these Terms). There are no exceptions, and you represent and warrant that you are not using a VPN and/or are not otherwise circumventing this prohibition. * You acknowledge that the Site Operator is not authorized or regulated by any financial market regulatory authority, including the United Kingdom Financial Conduct Authority (FCA). Nothing on this website is intended to constitute marketing or promotion, and the content of this website is not intended for UK consumers. Consumer protections under UK regulations do not apply, and you agree to waive any protection afforded under FCA regulations. The Site Operator does not provide services to UK residents. * You must be permitted to use the Site and the RNDM Smart Contract System under applicable laws, and you must always comply with all applicable laws. Such applicable laws may vary depending on where you are domiciled, located, incorporated, operate out of, etc., and only you are responsible for ensuring full compliance. * You acknowledge and agree that the Site is provided for informational purposes only and neither the Site Operator nor any individual or group of the VCRED,RNDM project team members, contributors, or similar are in control of or, have custody over your funds, the ability or duty to transact on your behalf or the power to reverse your transactions. * You acknowledge and agree that the Site does not constitute any financial advice and is only being provided 'as is' and 'as available' without any representation, warranties or guarantees whatsoever. * You acknowledge and agree that there is no legal or factual relationship between you and the Site Operator and/or any individual or group of the VCRED project team members, contributors, or similar relating to VCRED. The VCRED Smart Contract System may be accessed through a variety of means and access requires third party software (e.g., wallets) for which you are fully responsible. * You acknowledge and agree that blockchain and DeFi, including the VCRED Smart Contract System, are of novel and experimental nature and are associated with a variety of risks, which you have familiarized yourself with and accepted. The Site and the VCRED Smart Contract System are available 'as is' and 'as available' without any representation, warranties or guarantees whatsoever and the Site Operator is not, to the maximum extent permitted under applicable law, liable for any damages incurred by you in connection with the use of the Site or the VCRED Smart Contract System. * You, to the maximum extent permitted under applicable law, release all present and future claims against the Site Operator, and against any individual or group of VCRED project team members, contributors or similar related to the use of the VCRED Smart Contract System. * You acknowledge that the Services incorporate experimental and novel technology and that the use of such technology involves a high degree of risk. For example, there are numerous reasons the Services and/or Protocol could fail in an unexpected way, resulting in the total and absolute loss of your crypto assets. You hereby agree that you assume all risks in connection with your use of the Services and expressly waive and release VCRED from any and all liability, claims, causes of action or damages arising out of or in any way relating to you obtaining or using Services. * By entering into these Terms, you waive your potential right to participate in class actions and agree that any disputes are resolved pursuant to binding, confidential arbitration, whereby your potential right to a jury trial is waived. Please see dispute resolution terms below: Dispute Resolution 1.1 Dispute Notice In the event that any dispute, controversy, or claim arises out of or in connection with these terms and conditions including the breach, termination, existence or invalidity thereof (a “Dispute”), any Party may serve formal written notice on the other Party that a Dispute has arisen (“Notice of Dispute”). The Parties shall use all reasonable efforts for a period of 30 (thirty) days from the date on which the Notice of Dispute is served (or such longer period as may be agreed in writing between the Parties) to resolve the Dispute on an amicable basis. 1.2 Binding Arbitration If the Parties are unable to resolve the Dispute by amicable negotiation within the time period referred to in Clause 1.1 (Dispute Notice), or such period as extended pursuant to that clause, the Dispute shall be finally settled through arbitration under BVI IAC Rules in force when the Notice of Arbitration is submitted in accordance with the following provisions of this Clause 1.2 (Binding Arbitration): 1.1.1 The number of arbitrators shall be three. Each Party to the Dispute shall appoint 1 (one) arbitrator within 30 (thirty) days of the commencement of the arbitration, and the 2 (two) arbitrators so appointed shall select the presiding arbitrator within 30 (thirty) days after the latter of the 2 (two) arbitrators has been appointed by the Parties to the Dispute. 1.1.2 The arbitration proceedings shall take place in British Virgin Islands unless the Parties agree otherwise;. 1.1.3 The British Virgin Islands shall be the seat of the arbitration; 1.1.4 The language of the arbitration, including arguments and briefs, shall be English. 1.1.5 The Parties shall have the right to seek interim relief from a court of competent jurisdiction, at any time before or after the arbitrators have been appointed, up until the arbitrators have made their final determination. 2. Governing Law and Submission to Jurisdiction 2.1 This Agreement and the documents to be entered into pursuant to it and any non-contractual obligations arising out of or in connection with the terms and conditions and such documents shall be governed by and construed in accordance with laws of British Virgin Islands. 2.2 Each of the Parties irrevocably submits to the non-exclusive jurisdiction of the courts of British Virgin Islands to support and assist the arbitration process pursuant to Clause 1 (Dispute Resolution), including if necessary the grant of interlocutory relief pending the outcome of that process. Privacy policy: We use the Personal Information that we have about you to enforce the Terms and Service for the Site and this Privacy Policy; in connection with rewards programs; and to analyze Site usage to improve this Site.