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These are the terms and conditions for: GGMC GOOFY GOPHERS - FZCo doing business as “GGMC” GOOFY GOPHERS CRYPTO LTD doing business as “GGMC” https://www.ggmc.io/ https://discord.com/invite/ggmc
By using the website and services, you agree to be bound by these terms and conditions and our privacy policy. In these terms and conditions, the words "website" refers to the GGMC Kingdom Connect web application, "we", "us", "our" and "GGMC" refers to GGMC and "you" and "user" refers to you, the user of GGMC. The following terms and conditions apply to the website, products and services offered by GGMC. This includes the mobile and tablet versions as well as any other version of GGMC accessible via desktop, mobile, tablet, social media or other devices.
READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING OR OBTAINING ANY INFORMATION OR SERVICE FROM THE GGMC WEBSITE.
1. ACCEPTANCE OF TERMS
This agreement sets out the legally binding terms for your use of GGMC. By using the website, products or any of our services, you agree to be bound by this agreement. If you do not agree to the terms of this agreement, you must not use the website and stop using the products or services immediately. We may modify this agreement from time to time, and such modification will be effective when posted on the website. You agree to be bound by any modifications to these terms and conditions when you use GGMC after such modification is posted on the website; therefore, it is important that you review this agreement regularly.
GGMC may, in its sole discretion, refuse to offer access to the products or services to any user and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the service and the website is revoked in such jurisdictions. The website, products and services may only be used in accordance with these terms and conditions and all applicable local, state, national and international laws, rules and regulations, specifically the commercial and financial laws and regulations of Dubai and Ras Al-Khaimah, United Arab Emirates.
By using the website, products and services, you represent and warrant that you have the full right, power and authority to enter into this agreement and to fully perform all of your obligations hereunder. You further represent and warrant that you are under no legal disability or contractual restriction that prevents you from entering into this agreement.
BY CLICKING TO ACCEPT AND/OR USING OUR SERVICE, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL OF THE TERMS INCORPORATED HEREIN BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS, YOU MAY NOT ACCESS OR USE THE SERVICE.
2. GGMC
GGMC, operating under its subsidiary in Ras Al-Khaimah, UAE, functions as a licensed cryptocurrency mining ecosystem. This ecosystem uniquely blends utility and artistic elements through the deployment of Non-Fungible Tokens (NFTs). GGMC is actively engaged in cryptocurrency mining, including the mining of Bitcoin, Litecoin, Doge, Kadena, Nervos, and Dash. A portion of these mined coins is utilized to offset electricity and other operational costs. On a quarterly basis, a portion up to 40% of the net proceeds (the total mined coins minus all operational expenses) from these mining activities may be allocated for rewards among eligible NFT holders.
GGMC, operating under its subsidiary in Ras Al-Khaimah, UAE, functions as a licensed cryptocurrency mining ecosystem. This ecosystem uniquely blends utility and artistic elements through the deployment of Non-Fungible Tokens (NFTs). GGMC is actively engaged in cryptocurrency mining, including the mining of Bitcoin, Litecoin, Doge, Kadena, Nervos, and Dash. A portion of these mined coins is utilized to offset electricity and other operational costs. On a quarterly basis, a portion up to 40% of the net proceeds (the total mined coins minus all operational expenses) from these mining activities may be allocated for rewards among eligible NFT holders.
3. REWARDS, GIFTS AND AIRDROPS
GGMC provides certain non-financial perks to its NFT holders in the form of rewards, gifts, and airdrops. These rewards, gifts and airdrops may be scheduled for distribution every three months, with the inaugural distribution planned for February 2024. To be eligible for these perks, NFT holders are required to log into our dashboard using a wallet that contains our NFT and stake the NFT there. Additionally, claiming these perks may necessitate the completion of certain activities ('work'), as specified by GGMC. Agreeing to our Terms and Conditions is a prerequisite for initiating the perk claim process. It is essential for users to understand that these perks are not financial investments or securities but are part of the benefits offered within the GGMC ecosystem. It is important to reiterate that these distributions are meant as additional perks for participating in our ecosystem and should not be construed as a guarantee of profit or an investment return.
4. DISCLAIMER
By using our services, you represent and agree that GGMC, does not at any time guarantee any profit, gain, or ROI (Return on Investment) from the use of any of the products and services available on the website and that transactions in the cryptocurrency market may be considered high-risk transactions that may involve potential and substantial losses of your investments in these markets. In making a decision to enter into a transaction, you should consider your financial situation before making any capital investment through our services. You should understand that there are inherent risks of substantial capital or investment losses when trading cryptocurrencies and NFTs.
Cryptocurrency and NFTs markets are decentralized and unregulated, so our products and services for crypto mining are not regulated by any specific legislation. Users using our services will not benefit from the protections available for financial and investment services and products that are regulated. The cryptocurrency and NFT markets are determined by demand and supply. The cryptocurrency and NFT markets can be an unpredictable and volatile environment and prices can be highly speculative and are subject to constant change by the market. Please note that, in the worst-case scenario, products may lose their value.
Trading cryptocurrencies and NFTs should be considered a high-risk activity and therefore should not be operated without the necessary knowledge or experience. It is recommended to understand the characteristics and risks inherent in these products before trading or making investments in these markets. The user should understand that there is a high risk of loss when making investments with cryptocurrencies if the markets move negatively against the user's position. It is important for the user to consider the risks inherent in each product and choose the type of product that best suits the user's financial situation. By connecting the users' wallet to GGMC, users declare and agree that they will be solely and exclusively responsible for the calculation and payment of any taxes that may be generated by transactions made through our website. GGMC is not responsible for incorrect tax calculations.
By accessing the website and services, you accept personal responsibility for the results of your actions. You agree to take full responsibility for any damage or loss you suffer as a result of your use or non-use of our website and services. You agree to use your judgment and exercise due diligence before taking any action or applying any advice suggested or recommended through the website and services. Your use of our information and content, should be based on your own due diligence and research, you agree that GGMC is not responsible or liable at any time, or under any circumstances, for the success or failure of your investments or transactions relating directly or indirectly to the website. Do not trade or invest based solely on the information and content available on the website.
You represent and warrant that you are of legal age and capacity to agree to these Terms and Conditions and, if acting on behalf of an entity, you have the authority to bind said entity. It is your sole responsibility to ensure that your use of the services is lawful and does not infringe upon the rights of others. You acknowledge that your use of the services is at your own risk and you are solely responsible for any damages or losses incurred as a result. Furthermore, you agree to indemnify, defend, and hold harmless GGMC, along with its affiliates, officers, directors, employees, agents, licensors, and service providers, from any claims or damages, including legal fees, arising from your use of the services or breach of these Terms and Conditions. GGMC will not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages resulting from your use of the services, unauthorized access to your data, or any other related activities.
5. LICENSE TO USE THE PLATFORM
The property rights of the website and the methods used on the website belong exclusively to GGMC. Any physical or virtual exposure of the methods used on the website may result in violations of GGMC's intellectual property rights. GGMC gives you a personal, worldwide, royalty-free, non-assignable and non-exclusive license to use the website provided to you by GGMC as part of the products and services. This license is for the sole purpose of enabling you to use and enjoy the benefit of the services as provided by GGMC, in the manner permitted by these terms. You may not copy, modify, distribute, sell, or lease any part of our services or included software, nor may you reverse engineer or attempt to extract the source code of that software, unless laws prohibit those restrictions or you have our written permission.
The user agrees not to use the services negligently, for fraudulent purposes or in an unlawful manner. Likewise, the user agrees not to partake in any conduct or action that could damage the image, interests or rights of the GGMC website or third parties. GGMC reserves the right to terminate your access immediately, with or without notice, and without liability to you, if GGMC believes that you have violated any of these terms or interfered with the use of the website or service by others.
6. COPYRIGHT
All materials on GGMC, including, without limitation, names, logos (some logos are shown as fair use), trademarks, images, text, columns, graphics, videos, software and other elements are protected by copyrights, trademarks and/or other intellectual property rights owned and controlled by GGMC or by third parties that have licensed or otherwise provided their material to the website. You acknowledge and agree that all materials on GGMC are made available for limited, non-commercial, personal use only. Except as specifically provided herein. No material may be copied, reproduced, republished, sold, downloaded, posted, transmitted, or distributed in any way, or otherwise used for any purpose, by any person or entity, without GGMC prior express written permission. You may not add, delete, distort, or otherwise modify the material. Any unauthorized attempt to modify any material, to defeat or circumvent any security features, or to use GGMC or any part of the material for any purpose other than its intended purposes is strictly prohibited. Please do not copy any content and pass it off as your own, as a copyright infringement will occur.
7. COPYRIGHT INFRINGEMENT
GGMC acknowledges the importance of intellectual property rights and is committed to compliance with applicable copyright laws in the United Arab Emirates, including those specific to Dubai. We take all inquiries, complaints, and claims regarding alleged infringement seriously. If you believe, in good faith, that any material provided on or in connection with the website infringes your copyright or other intellectual property rights, please send us your infringement request in accordance with the relevant copyright laws and regulations.
8. PERSONAL DATA
Any personal information you submit in connection with the use of the website will be used in accordance with our privacy policy. By using our services, you agree that we may collect and store your personal information as described in our privacy policy.
9. PROHIBITED ACTIVITIES
The content and information available on the website (including, but not limited to, data, information, text, music, sound, photos, graphics, video, maps, icons or other material), as well as the infrastructure used to provide such content and information, is proprietary to GGMC or licensed to the GGMC by third parties. For all content other than your content, you agree not to otherwise modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, sell or re-sell any information, software or services obtained from or through the website. In addition, the following activities are prohibited:
Access, monitor, reproduce, distribute, transmit, broadcast, display, sell, license, copy or otherwise exploit any content of the services, including but not limited to, using any robot, spider, scraper or other automated means or any manual process for any purpose not in accordance with this agreement or without our express written permission. Violate the restrictions in any robot exclusion headers on the services or bypass or circumvent other measures employed to prevent or limit access to the services. Take any action that imposes, or may impose, in our discretion, an unreasonable or disproportionately large load on our infrastructure. Deep-link to any portion of the services for any purpose without our express written permission. "Frame", "mirror" or otherwise incorporate any part of the services into any other websites or service without our prior written authorization. Attempt to modify, translate, adapt, edit, decompile, disassemble, or reverse engineer any software programs used by GGMC in connection with the services. Circumvent, disable or otherwise interfere with security-related features of the services or features that prevent or restrict use or copying of any content. Download any content unless it's expressly made available for download by GGMC.
10. DISCLAIMER OF WARRANTIES
GGMC provides its products and services on an "as is", "as available" basis, without any warranties or guarantees of any kind, whether express or implied. We do not warrant the accuracy, completeness, or reliability of any information provided on our platform. We shall not be held accountable to you in the event that we cannot deliver our internet services due to factors beyond our control. Except as provided above we can give no other warranties, conditions or other terms, express or implied, statutory or otherwise and all such terms are hereby excluded to the maximum extent permitted by law.
You will be responsible for any breach of these terms by you and if you use the website in breach of these terms you will be liable to and will reimburse GGMC for any loss or damage caused as a result. GGMC will not be liable in any amount for failure to perform any obligation under this agreement if such failure is caused by the occurrence of any unforeseen event beyond its reasonable control including without limitation Internet outages, communications outages, fire, flood, war or act of God. These terms do not affect your statutory rights as a consumer which are available to you. Subject as aforesaid, to the maximum extent permitted by law, GGMC excludes liability for any loss or damage of any kind howsoever arising, including without limitation any direct, indirect or consequential loss whether or not such arises out of any problem you notify to GGMC and GGMC shall have no liability to pay any money by way of compensation, including without limitation all liability in relation to:
Any incorrect or inaccurate information on the website. The infringement by any person of any Intellectual Property Rights of any third party caused by their use of the website. Any loss or damage resulting from your use or the inability to use the website or resulting from unauthorized access to, or alteration of your transmissions or data in circumstances which are beyond our control. Any loss of profit, wasted expenditure, corruption or destruction of data or any other loss which does not directly result from something we have done wrong. Any amount or kind of loss or damage due to viruses or other malicious software that may infect a user's computer equipment, software, data or other property caused by persons accessing or using content from the website or from transmissions via emails or attachments received from GGMC. All representations, warranties, conditions and other terms which but for this notice would have effect.
11. ELECTRONIC COMMUNICATIONS
No responsibility will be accepted by GGMC for failed, partial or garbled computer transmissions, for any computer, telephone, cable, network, electronic or internet hardware or software malfunctions, failures, connections, availability, internet accessibility or availability or for traffic congestion or unauthorized human act, including any errors or mistakes.
12. INDEMNIFICATION
You agree to defend and indemnify GGMC from and against any claims, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature including but not limited to reasonable legal and accounting fees, brought by third parties as a result of: Your breach of this agreement or the documents referenced herein. Your violation of any law or the rights of a third party. Your use of the website and services.
13. CHANGES AND TERMINATION
We may change the website and these terms at any time, in our sole discretion and without notice to you. You are responsible for remaining knowledgeable about these terms. Your continued use of the website constitutes your acceptance of any changes to these terms and any changes will supersede all previous versions of the terms. Unless otherwise specified herein, all changes to these terms apply to all users take effect. Furthermore, we may terminate this agreement with you under these terms at any time by notifying you in writing (including by email) or without any warning.
14. ASSIGNMENT
This agreement and any rights and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by GGMC without restriction.
15. INTEGRATION CLAUSE
This agreement together with the privacy policy and any other legal notices published by GGMC, shall constitute the entire agreement between you and GGMC concerning and governs your use of the website and the services.
16. DISPUTES
The user agrees that any dispute, claim or controversy arising out of or relating to these terms and conditions, or the breach, termination, enforcement, interpretation or validity thereof or the use of the website, shall be resolved by binding arbitration between the user and GGMC, provided that each party retains the right to bring an individual action in a court of competent jurisdiction. In the event of a dispute arising in connection with the use of the website and services or the breach of these conditions, the parties agree to submit their dispute to arbitration resolution before a reputable arbitration organization as mutually agreed by the parties and in accordance with applicable commercial arbitration rules.
You agree to initiate a formal dispute proceeding by sending us a communication through our contact information. GGMC may choose to send you a written offer after receiving your initial communication. If we offer and send you a settlement offer and you do not accept the offer, or we are unable to resolve your dispute satisfactorily and you wish to continue with the dispute process, you must initiate the dispute resolution process before an accredited arbitration organization and file a separate Demand for Arbitration. Any award rendered by the arbitration tribunal shall be final and conclusive on the parties. To the fullest extent permitted by law, you agree that you will not file, join or participate in any class action lawsuit in connection with any claim, dispute or controversy that may arise in connection with your use of the website, products and services. Any dispute arising from or relating to the use of this website, the products offered herein, or these Terms and Conditions shall be subject to the exclusive jurisdiction of the courts of the Emirate of Dubai, United Arab Emirates.
17. CONTACT INFORMATION
If you have questions or concerns about these terms, please contact us through the contact information below: Contact@ggmc.io
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