Liminal Terms of Use

Please read these terms and conditions that follow ("Terms") carefully as they form a contract between you and First Answer Pte Ltd (“First Answer”, “Liminal” “we”, “our” or “us”). These Terms govern your access and use of our Services. “Services” refers individually and collectively to the Liminal website, Liminal platform, APIs, mobile applications (each, an “App”), and any software services provided by Liminal, as well as all written or electronic materials including software, data, text, audio, video, images, photos, graphics, or other content (“Content”). These Terms refer to the individual or entity using the Service (including any component of the Service) as “you” or “your”.

By accepting these Terms electronically (for example, clicking “I Agree”), accessing or using the Services, purchasing Services, registering for an account with us, executing these Terms, or accepting an Order that references these Terms, you are accepting and agreeing to these Terms and the policies and guidelines referenced in these Terms. If you do not agree to these Terms then you may not use the Services.

We will notify you of amendments to these Terms by either: (a) posting the revised terms on our website; (b) sending you an email notification to the email address that you provided to us as part of your account registration, or a notification via SMS or other messaging service; or (c) presenting the revised Terms to you when you log into the Services. It is your responsibility to provide and update your external email address, check for such notices, and make sure our notices have not been trapped by your spam filter. It is your responsibility to periodically revisit these Terms as posted on our website. The such updated Terms will become effective the earlier of: (a) when you accept it online or offline, (b) twenty (20) days after we post or email the update, in which case your continued use of any of the Services or failure to cancel your account will indicate your acceptance of the amendment.

THESE TERMS REQUIRE THE USE OF ARBITRATION TO RESOLVE DISPUTES ON AN INDIVIDUAL BASIS, RATHER THAN JURY TRIALS OR ON RESOLUTION BY CLASS ACTION, AS FURTHER DESCRIBED IN SECTION 7.

  1. Services

1.1 Provision of Liminal Platform

Subject to the terms and conditions of this Agreement, Liminal hereby grants Customer and its registered employees and contractors (“Users”) a non- exclusive, non-sublicensable, non-transferable license to use and access the Services. The Services are subject to modification from time to time at Liminal’s sole discretion, provided the modifications do not materially diminish the functionality of the Services provided by Liminal.

1.2 Digital Asset Protocols and Network Fees.

Liminal does not own or control the underlying software protocols which govern the operation of Digital Currencies. Digital Asset protocols are subject to changes in protocol rules (referred to as “forks”), and such forks may materially affect the value, function, or name of the Digital Asset. You acknowledge and agree (i) that Liminal is not responsible for operation of the underlying Digital Asset protocols and that Liminal makes no guarantee of their functionality, security, or availability; and (ii) if a fork occurs, Liminal may temporarily suspend the Services relating to the Digital Asset affected, and Liminal may decide not to support the forked protocol entirely or may configure its Services to enable you to transfer the affected Digital Asset.

1.3 Managing Your Keys.

At all times, you control majority of the private keys for a Digital Asset wallet provided by the Service. You are solely responsible for maintaining the security of these private keys. If you appoint a third party to control one or more of your private key(s), whether or not such appointment is made through the Service (e.g., through a key recovery service), Liminal is not responsible for the actions or omissions of such third party. Control of these keys will allow such third party to transfer all of your Digital Assets from your wallets and you may never regain those Digital Assets.

1.4 Wallets and Digital Assets.

Your wallets and your Digital Assets are your responsibility. Liminal cannot cause transactions transferring Digital Assets from your wallets except in conjunction with a request or instruction through the Service by you or someone holding your private keys. You may need majority of the private keys not controlled by Liminal to initiate transfer of Digital Assets.

1.5 Passwords and Security.

You are responsible for maintaining adequate security and control of any and all log in IDs, passwords, private keys, personal identification numbers (PINs), and any other codes that you use to access the Service. You will be solely responsible for the private keys that we provide to you or that you generate for our wallets, and maintaining secure back-ups. You will prevent unauthorized access to or use of the Services using your account credentials or private keys, and notify us promptly of any such unauthorized access or use. You must keep your account ID, passwords and any other account credentials confidential and not authorize any third party to access or use the Service on your behalf, unless we provide an approved mechanism for such use. You will notify us at [email protected] of any security breach of your account, system or network as soon as possible. You will cooperate with us in the investigation of any suspected unauthorized access to or use of the Services using your account credentials or private keys, and any security breach of your account, system, or network, and provide us with the results of any third-party forensic investigation that you undertake. You will be responsible, and Liminal will have no liability, for all activity that takes place with your Liminal Service account accessed using your account credentials, whether or not authorized by you.

1.6 Identity Authentication.

You must be at least 18 years old, or such higher age required by applicable law, to register for a Liminal Service account. You will provide Liminal and its affiliates with accurate, current, and complete information about yourself as prompted by the registration process or as Liminal may, from time to time request, and keep such information updated. You authorize Liminal to make such inquiries that it considers necessary to validate your identity and you agree that Liminal may do so using third party service providers.

1.7 Non- Liminal Applications.

The Services may contain features designed to interoperate with a third party service, program, website or Content that is provided, owned or licensed by you or a third party (“Non- Liminal Application”). To use such features, you must procure Non- Liminal Applications from the providers of such Non- Liminal Applications, and may be required to grant us access to your account on the Non- Liminal Applications. If you enable a Non- Liminal Application for use with the Services, you grant us permission to allow the provider of that Non- Liminal Application to access your information and End User Data as required for the interoperation of that Non- Liminal Application with the Services. We are not responsible for any disclosure, modification or deletion of Content or End User Data resulting from access by a Non- Liminal Application. If the provider of a Non- Liminal Application ceases to make the Non- Liminal Application available for interoperation with the corresponding Services features on reasonable terms, we may cease providing those Services features without entitling you to any refund, credit, or other compensation.