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Terms of Service
XLast updated: 15 May 2024
Please carefully review these terms before accessing or using this webapp. By accessing or using this webapp in any capacity, you acknowledge and agree that: (i) you have read and familiarized yourself with these Terms; (ii) you comprehend and fully understand these Terms; and (iii) you consent to be legally bound by these Terms while using this webapp.
If you do not agree to these Terms, it is imperative that you cease using this webapp immediately. We reserve the right to periodically modify or amend these Terms, the webapp, or any content available on the webapp, for reasons including but not limited to security, legal obligations, or regulatory requirements, as well as to reflect updates or changes in the services or functionality of the webapp. It is advisable for you to regularly review these terms to ensure your awareness and compliance with the most recent versions.
Changes to these Terms are applicable to all users of the webapp and will take effect immediately upon the posting of the revised documentation on the webapp. By continuing to use the webapp, tools, and services provided, you hereby accept and agree to be bound by any such variations.
The following Terms of Service ("Terms"), govern Your access to and use of TONWorld services, including any content, functionality and services offered on or through TONWorld ("Webapp") and any associated interface (referred to as the “Interface").
These Terms constitute a legally binding contract between You and TONWorld These Terms explain how We expect You to behave when You are using Our Services on Our Webapp.
These Terms shall be used for staking tokens with TONWorld and are not used for any other services. You represent that whether on personal behalf or for an institution or company that You have authority to legally stake Your Tokens to TONWorld and adhere to the terms listed in these Terms.
The Privacy Policy (“Policy”) explains how and why TONWorld collect, uses, and shares personal information when You interact with or use Our Webapp or Service. It also includes any information TONWorld may collect offline in connection with the use of Webapp and Service. Policy describes how TONWorld may use, store, transfer and disclose information that We may collect about any Users and Visitors through the Webapp.
PLEASE REVIEW THESE TERMS AND POLICY CAREFULLY. YOUR ACCESS TO AND/OR USE OF THE WEBAPP CONSTITUTES YOUR ACCEPTANCE OF, AND CONSENT TO BE BOUND BY, THESE TERMS AND POLICY. IF YOU DO NOT ACCEPT AND CONSENT TO BE BOUND BY THESE TERMS AND POLICY, THEN YOU MUST NOT USE OR ACCESS THE WEBAPP. YOU FURTHER ACKNOWLEDGE THAT YOUR FAILURE TO COMPLY WITH THESE TERMS MAY RESULT IN DISQUALIFICATION AND/OR LEGAL ACTION AGAINST YOU AS DEEMED APPROPRIATE.
We may change these Terms and/or Policy from time to time by notifying You of such changes by any reasonable means, including by posting revised Terms or Policy through the Webapp. Any such changes will not apply to any dispute betWeen You and Us arising prior to the date on which We posted the revised Terms or Policy incorporating such changes, or otherwise notified You of such changes. These Terms modify all previous Terms of Service. You are advised to regularly check whether the Terms have changed. You will be deemed to accept and agree to the changes. If You continue to use the Webapp after the publication of any changes TONWorld will treat You as have agreed with the changes as a whole without limitations.
1. DEFINITIONS
In reading the Terms, please note the following:
Section, Clause, and paragraph headings shall not affect the interpretation of these Terms. A reference to a company shall include any company, corporation or other body corporate, wherever and hoWever incorporated or established.
Unless the context otherwise requires, words in the singular shall include the plural and, in the plural, shall include the singular and a reference to one gender shall include a reference to the other genders.
These Terms, Policy and any other applicable policies shall be binding on, and enure to the benefit of, the parties to the relevant Terms and their respective personal representatives, successors and permitted assigns, and references to any party shall include that party’s personal representatives, successors and permitted assigns.
A reference to a statute or statutory provision is a reference to it as amended, extended or re-enacted from time to time. Any obligation on a party not to do something includes an obligation not to allow that thing to be done.
Any words following the terms ‘including’, ‘include’, ‘in particular’, ‘for example’ or any similar expression shall be construed as illustrative and shall not limit the sense of the words, description, definition, phrase or term preceding those terms.
The definitions set out within these Terms apply to the Policy.
"Applicable Law" means all laws, regulations, directives, statutes, subordinate legislation, common law and civil codes of any jurisdiction, all judgments, orders, notices, instructions, decisions and awards of any court or competent authority or tribunal and all codes of practice having force of law, statutory guidance and policy notes. “Confidential Information” is information, which Party treats as confidential or proprietary, in whatever form which is disclosed by a disclosing Party and/or its Affiliates (the “Disclosing Party”) to a receiving Party and/or its Affiliates (the “Receiving Party”) including, without limitation, information such as corporate structure, trade secrets, production methods and know-how, computer software and technology, technical and other data, inventions, designs, models, manufacturing processes and specifications, formulations, ideas, concepts, processes, procedures, techniques, formulae, drawings, business plans, development plans, information on current and future projects, financial and marketing data, compilations and forecasts. “TONWorld” refers to the owner of the Webapp and Interface. The term "We" or "Us" or "Our" refers to the Company, which operates the Webapp and Interface under TONWorld. “Platform” means our technology platform and infrastructure that We use to perform the Services. “Effective Date” means the date that You Stake Your Staked Coins with our Service. “Services” means the services as described in the Section 2 of these Terms. “Staking” means our services on the Website and Interface to stake Your Staked Coins. “Staked Coins” means TON coins deposited through our Platform. “Supported Network” means TON blockchain network for which our Platform is able to perform the Service. “Supported Network Protocol” means the rules by which the Supported Network operates including but not limited to the process for Staking, the quantity and timing of Rewards. The term “You” or “Your” refers to the User and/or Visitor of Our Website, as the case may be, who wishes to access, use and acquire Services through the use of the Company’s Webapp. “User” means a company, business organization, or other legal entity using the Services on the Platform. “Visitor” refers to an unregistered user who does not use the Services on the Webapp. “Tokens” shall mean TON tokens, which represent Your share in the Staked Coins pool with the use of Our Services. “Representative” means a natural person of the age over 18 who is empoWered to act on behalf of the User. “Intellectual Property Rights“ means all copyright and rights in the nature of copyright, design rights, patents, trade marks, database rights, applications for any of the above, moral rights, rights in confidential information, know-how, domain names and any other intellectual or industrial property rights (and any licenses in connection with any of the same) whether or not registered or capable of registration and whether subsisting in any part of the world. “User Data” means content, materials, data and information that User provides to TONWorld, if any. “Exceptional Event” means the force majeure as described in the Section 23 of these Terms.
2. SERVICES
TONWorld is a platform which enables Users to deposit the desired amount of Staked Coins You want to stake on the Platform. We provide validation services to the Supported Network, including, without limitation, producing and validating new blocks, processing transactions, and securing the Supported Network.
TONWorld merely facilitates access to technology, delivering resources related to the mechanics of the decentralized, non-custodial staking protocol. This protocol operates through open-source, self-executing smart contracts that are deployed across various permissionless public blockchains. It's crucial to note that the maintainers of TONWorld exert no control over the results of operation on such contracts. The Interface serves as an independent gateway, offering one among several applications through which users, utilizing their self-custodial wallets, can interact with the staking protocol.
The Interface is an independent interface providing one of the available applications through which users, via their self-custodial wallets, interact with the staking protocol.
The smart contracts to which TONWorld provides access are open-source. TONWorld merely provides an Interface to access a copy of such contracts, hereby referred to as the "Technology". By choosing to interact with the Technology through the Interface, users assert their understanding of and comfort with the inherent risks associated with interacting with open-source smart contracts. Further, such interaction implies that the user possesses the requisite technical expertise to comprehend and navigate the complexities and potential outcomes associated with such technologies. Due to the non-custodial and decentralized nature of the technology, we are not intermediaries, agents, advisors, or custodians, and we do not have a fiduciary relationship or obligation to you regarding any other decisions or activities that you affect when using our Services.
Users use third-party self-custodial wallets to interact with the Interface; TONWorld have no control or guarantee over the wallets.
To interact with the TONWorld using the Interface, you will need to connect and engage with it through your self-custodial wallet. It's essential to understand that self-custodial wallet is provided by a third-party entity and is generally governed by separate terms and conditions set by the respective third-party service provider. These terms and conditions may involve additional fees, disclaimers, or risk warnings regarding the accuracy and reliance on the provided information. Reviewing and comprehending the terms and conditions associated with your chosen self-custodial wallet provider to ensure compliance and to be aware of any applicable charges or risks is your sole responsibility.
Our Services
Once you have successfully registered for your TONWorld Account, you will have access to various TONWorld Services. These services include, but are not limited to, staking and other information provided by TONWorld. It is within TONWorld discretion to provide, modify, or terminate any of its services. Additionally, TONWorld reserves the right to allow or prohibit certain users from using specific services in accordance with the relevant TONWorld Platform Rules.
TONWorld Account Verification and Requirements Please complete your address verification at TONWorld. You may only use the verified paired address to make deposits, and withdrawals can only be sent to the original paired address.
Transaction confirmations on blockchains (or our webapp) may take a certain period of time, which includes nodal processing time, queuing time (which can be up to 8 hours), and transmission time. During this period, users will not be able to withdraw their funds.
The rights of TONWorld
TONWorld has the right to enable or disable validators and reserves the right to suspend or terminate the validator service. If necessary, TONWorld may suspend and terminate the validator service at any time.
3. FEES AND CHARGES
There are no commissions, fees or charges for use of the Webapp and Interface. However some commissions may occur in the result of the usage of blockchain middleware (“Middleware”).
Use of the relevant blockchain and its Middleware is subject to transaction fees and charges, which may include transaction fees to third parties (“Third Party Fees”) and Our fees and charges. We do not receive Third Party fees and have no ability to reverse or refund any amounts paid to third parties in error. All and any Third Party Fees are subject to the relevant Supported Network Protocol. In no case TONWorld have control, ownership or management over any applicable Third Party Fees.
You agree and acknowledge that fees and charges may change from time to time and it is always Your responsibility to become aware of such changes. All such applicable fees and charges will be available in the blockchain of the Supported Network Protocol.
General Provisions
Source of Deposits We do not accept deposits from custodial wallets, NFT, or cross-chain bridge. TONWorld will charge fees (including but not limited to transaction fees, processing fees, etc.) when the user performs the following three actions
Sending from your deposit wallet to the validator wallet
Sending from the validator wallet to your withdrawal wallet
Sending from your withdrawal wallet to the user's wallet
When staking on TONWorld. TONWorld will charge fees of the staking reward as the cost of operating the platform.
Personal Information we collect For the purposes of this Privacy Policy, Personal Information refers to information that can be used to identify, describe, relate to, or associate with a specific individual. The following outlines the types of information we collect and store when you utilize our services: When you use TONWorld, you will unconditionally authorize TONWorld to distribute TON rights according to the platform rules. Users should ensure that the source of TON they hold in their accounts is legal and compliant, and promise to abide by relevant laws and regulations. Otherwise, TONWorld has the right to take necessary measures in accordance with these terms, including but not limited to freezing accounts or deducting TON obtained by users who violate relevant staking rules.
When you use the TONWorld service, you should abide by the relevant laws of the country to ensure that the source of TON is legal and compliant.
Incorrect Deposits and Transaction Fees
In the event of erroneous deposits by users, TONWorld reserves the right to charge fees. (Regarding instances of erroneous deposits, such matters shall be governed by the user terms and conditions prevailing on the webapp at that time.)
Risk Acknowledgment
When using TONWorld services, it is important that you fully comprehend the risks associated with investing in TON and exercise caution. By engaging in investment operations on TONWorld, you acknowledge that your investment decisions reflect your genuine intentions and you unconditionally accept the potential risks and benefits involved. Users may obtain rewards after staking their TON on TONWorld, please note that TONWorld does not provide guarantees for user benefits. The income of users is subject to changes determined by the TON blockchain network. As a client using our webapp for transactions, any profit or loss resulting from fluctuations in the value of the asset or underlying asset will be solely the responsibility and risk of the client
Force majeure
Due to force majeure such as the operation of the TON blockchain, network delays, computer system failures, etc, which may cause delays, suspensions, or deviations in the execution of TONWorld services, TONWorld will make commercially reasonable efforts to ensure but not promise to perform the services of TONWorld in order to ensure the system runs stably and efficiently. TONWorld is not responsible if the final performance does not meet your expectations due to the above factors.
User Service Termination
Upon termination of your account service or permanent freezing of your account by TONWorld, we are not obligated to retain or disclose any information in your account, nor are we obligated to forward any unread or unsent messages to you or any third party.
You acknowledge and agree that TONWorld retains the right to store your user information and transactional data during your use of our services even after the termination of your relationship with TONWorld. If you engage in any illegal activities or violate our agreement while using our services, you are solely responsible for handling any resulting disputes, losses, or additional charges. You must ensure that TONWorld is not held liable for any losses or charges arising from such actions. TONWorld also reserves the right to delete any relevant information of virtual assets uploaded to our platform prior to the suspension or termination of the service.
4. USAGE/ ELIGIBILITY
You will use this Webapp in a manner consistent with any, and all, applicable laws, legislation, rules and regulations. If You violate any restrictions in these Terms, You agree to indemnify TONWorld for any losses, costs or damages, including reasonable legal fees, incurred by TONWorld in relation to, or arising out of, such a breach. The legal age for use of the Services shall be 18 years and above. TONWorld reserves the right to terminate any use of the Service that doesn’t comply with usage requirements. We will also not be liable to You for any damage that might arise from a person less than 18 who is found to use the Services.
You agree that You are solely and entirely responsible for compliance with all laws and regulations that may apply to You in Your jurisdiction. You are prohibited from using the Interface if You are a citizen, resident, or member of any jurisdiction or group that is subject to economic sanctions by any country, or if Your use of the Interface would be illegal or otherwise violate any applicable law. Notably, TONWorld and all of its contents are not directed at individuals, companies, and other entities located within the United States. Individuals residing in, citizens of, or entities registered in the United States are explicitly prohibited from using this Interface and You are obliged to make an explicit confirmation in accordance with Clause 7(m) that do not belong to the aforementionned. It is Your responsibility to ensure that Your use of the Interface is lawful and in compliance with any regulations in Your jurisdiction.
5. CONFIDENTIALITY
Neither Party shall disclose Confidential Information received from the Disclosing Party to any third party without prior obtaining the express written consent of the Disclosing Party. The Receiving Party shall use the same degree of care in maintaining the confidentiality of the Confidential Information as it uses with respect to its own information that is regarded confidential and/or proprietary by such Party, but in no case with any less degree than reasonable care. If the Receiving Party breaches terms of disclosure as described above, the Disclosing Party shall promptly report TONWorld support team about such violation. We have the right to temporarily or permanently block Your use of the Services.
The term “Confidential Information” does not include information which: is or becomes generally available to the public other than as a result of a disclosure by the Receiving Party or its representatives, was within the possession of the Receiving Party prior to it being furnished to the Receiving Party by or on behalf of the Disclosing Party pursuant hereto, provided that the source of the information was not bound by a confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality to the Disclosing Party or any other party with respect to the information,
is or was developed independently by the Receiving Party prior to it being furnished to the Receiving Party by or on behalf of the Disclosing Party pursuant hereto, becomes available to the Receiving Party on a non-confidential basis from a source other than the Disclosing Party or any of its Representatives, provided that the source was not bound by a confidentiality agreement with or other contractual, legal or fiduciary obligations of confidentiality to the Disclosing Party.
6. ACKNOWLEDGES, REPRESENTATIONS AND WARRANTIES
You acknowledge, represent and warrant that:
Your Representative is authorized, has necessary consent, acts in Your interests and in accordance with these Terms; You are liable for actions of Your Representative on the Webapp and Interface; You have studied and understood these Terms, recognizes their binding force for Yourself and undertake to comply with them as they appear on each respective date during the entire period of using the Webapp and Interface; You assume all the obligations set forth in these Terms; User Data that You supply is true, accurate, complete and not misleading; You will maintain the accuracy and validity of User Data; The assessment of the use of the Webapp and Interface by You is performed on the basis of the User Data provided by You and TONWorld may rely upon User Data provided by You; TONWorld is not responsible for any damages or losses which may arise from any inaccuracies; You may suffer damages in connection with your use of the Interface and We are not liable for such damages; You will use the Webapp pursuant to these Terms honestly, fairly and in good faith; the information on the Webapp and in the Interface as well as in these Terms is not an offer or recommendation or solicitation to buy or sell any particular digital asset or to use any particular investment strategy; the Interface is only being provided as an aid to your own independent research and evaluation of the Middleware and you should not take, or refrain from taking, any action based on any information on the Interface and without limitation from third party blog posts, articles, links news feeds, tutorials, tweets, and videos; You are not a citizen of or resident or domiciled or green card holder in any territory under the jurisdiction of the United States of America, including any state of the United States of America or the District of Columbia (the “USA”).
7. ASSUMPTION OF RISKS
You acknowledge and agree to certain risks as described below, including but not limited to cryptography risks, fork handling, third-party software dependencies, and taxes. You agree to defend, indemnify, and hold harmless TONWorld from any claim arising from your use of the Interface.
Cryptography Risks
Cryptography is a progressing field. Advances in code cracking or technical advances such as the development of quantum computers may present risks to blockchain systems, the Platform, the Supported Network Protokol, or tokens, including the theft, loss, or inaccessibility thereof.
Forks
The Supported Network Protocol, and any tokens may be subject to Forks. Forks occur when some or all persons running the software clients for a particular blockchain system adopt a new client or a new version of an existing client that:(i) changes the protocol rules in backward-compatible or backward-incompatible manner that affects which transactions can be added into later blocks, how later blocks are added to the blockchain, or other matters relating to the future operation of the protocol; or (ii) reorganizes or changes past blocks to alter the history of the blockchain. Some forks are “contentious” and thus may result in two or more persistent alternative versions of the protocol or blockchain, either of which may be viewed as or claimed to be the legitimate or genuine continuation of the original. We cannot anticipate, control or influence the occurrence or outcome of forks, and do not assume any risk, liability or obligation in connection therewith. Without limiting the generality of the foregoing, We do not assume any responsibility to notify a User of pending, threatened or completed forks. Tostakeer will respond (or refrain from responding) to any forks in such a manner as Tostakeer determine in their sole and absolute discretion. Tostakeer shall not have any duty or obligation, or liability to a User if such response (or lack of such response) acts to a User’s detriment. Each User assumes full responsibility to independently remain apprised of and informed about possible forks, and to manage the User’s own interests and risks in connection therewith.
Security
Any unauthorized access to your self-custodial wallet by third parties could result in the loss or theft of any cryptoasset or funds held in your account and any associated accounts. You understand and agree that we have no involvement in, and you will not hold us responsible for managing and maintaining the security of your self-custodial wallet. The private key associated with the self-custodial wallet address from which you transfer cryptoassets or the private key associated is the only private key that can control the cryptoassets you transfer into the smart contracts. You understand and agree that you are solely responsible for maintaining the security of your self-custodial wallet. You alone are responsible for securing your private keys. We do not have access to your private keys. The compatibility of the Interface with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise, or assurance regarding the fitness or security thereof.
Digital Assets Related Risks
By accessing and using the Services, you represent that you understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of the usage and intricacies of digital assets such as Staked Coins, and other digital tokens. You further understand that the markets for these digital assets are highly volatile due to factors including (but not limited to) adoption, speculation, technology, security, and regulation. You acknowledge that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase dramatically at any time. You further acknowledge the risk that your digital assets may lose some or all of their value while they are supplied to the Supported Network Protocol. When You receive Tokens, you will have to supply Stacked Coins of your own as collateral. If your collateral declines in value such that it is no longer sufficient to secure the amount that you staked, others may interact with the Supported Network Protocol to seize your collateral in a liquidation event. You further acknowledge that We are not responsible for any of these variables or risks, do not own or control the Supported Network Protocol, and cannot be held liable for any resulting losses that you experience while accessing or using the Interface. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Interface and interacting with the Supported Network Protocol.
8. RESTRICTIONS
By using the Service, the User undertakes in particular to: not violate any law, contract, Intellectual Property, including copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights t or commit a tort, and that You are solely responsible for Your conduct, while accessing or using the Webapp, Interface and Technology; not violate any applicable law, rule, or regulation concerning the integrity of trading markets, including (but not limited to) the manipulative tactics commonly known as spoofing and wash trading; not to engage in predatory or stalking conduct; not use the Webapp in any manner tn any activity that seeks to defraud us or any other person or entity, including (but not limited to) providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another; not engage in any anticompetitive behavior or other misconduct; not use Services for, or to promote or facilitate, illegal activity (including, without limitation, money laundering, financing terrorism, tax evasion, buying or selling illegal drugs, contraband, counterfeit goods, or illegal weapons); not harvest or otherwise collect information from the Services for any unauthorized purpose; not Interfere with other users’ access to or use of the Services; not Interfere with or circumvent the security features of the Services or any third party’s systems, networks, or resources used in the provision of Services; not engage in any attack, hack, denial-of-service attack, interference, or exploit of any smart contract in connection with the use of the Services (and operations performed by a user that are technically permitted by a smart contract may nevertheless be a violation of these Terms, and any Applicable Law);abide by these Terms and will not: Engage in any harassing, threatening, intimidating, hat could interfere with, disrupt, negatively affect or inhibit other Users from fully enjoying the Webapp or that could damage, disable, overburden or impair the functioning of the Webapp in any manner; not do anything that might discover source code or bypass or circumvent measures employed to prevent or limit access to any content, area or code of the Webapp or Interface; not access any feature or area of the Webapp that You are not authorized to access. not use any robot, spider, crawler, scraper, script, browser extension, offline reader or other automated means or interface not authorized by Us to access the Webapp, extract data or otherwise interfere with or modify the rendering of Webapp pages or functionality. not solicit information from Users for illegal activities, to cause harm to people or property, or to scam others. Also You agree that You will not transmit, submit or upload any information on the Webapp or act in any way that: restricts or inhibits use of the Services; imposes an unreasonably or disproportionately large load on Our infrastructure; violates the legal rights of others, including defaming, abuse, stalking or threatening Users; makes any unauthorized use of the Webapp, including collecting usernames and/or email addresses of Users by electronic or other means for the purpose of sending unsolicited email. tricks, defrauds, or misleads Us and other Users, especially in any attempt to learn sensitive information such. makes improper use of Our support team or submit false reports of abuse or misconduct. engages in any automated use of the system, such as using scripts to send comments or messages, or using any data mining, robots, or similar data gathering and extraction tools. attempts to impersonate another User or person or use the username of another User. infringes (or results in the infringement of) the Intellectual Property rights, moral rights, publicity, privacy, or other rights of any third party; is (or You reasonably believe or should reasonably believe to be) stolen, illegal, counterfeit, fraudulent, pirated, violent or unauthorized, or in furtherance of any illegal, counterfeiting, fraudulent, pirating, unauthorized, or violent activity, or that involves (or You reasonably believe or should reasonably believe to involve) any stolen, illegal, counterfeit, fraudulent, pirated, or unauthorized material; does not comply with all applicable laws, rules and regulations; or posts, stores, transmits, offers, or solicits anything that contains the following, or that You know contains links to the following or to locations that in turn contain links to the following: (a) material that We determine to be offensive (including material promoting or glorifying hate, violence, bigotry, or any entity (past or present) principally dedicated to such causes or items associated with such an entity), (b) material that is racially or ethnically insensitive, defamatory, harassing or threatening, (c) pornography or obscene material, (c) any virus, worm, trojan horse, or other harmful or disruptive component; or (d) anything that encourages conduct that would be considered a criminal offense, give rise to civil liability, violate any law or regulation or is otherwise inappropriate or offensive. If We suspect or determine that You are using the Services in any many related to any prohibited User activities and/or prohibited uses, TONWorld will permanently blocked Your use of the Services without the right to restore and report Your activity to regulatory authorities with jurisdiction over Us or You.
9. EXCLUSION OF LIABILITY FOR EXTERNAL LINKS
The Webapp may make available or provide links to third party Webapp, content, services, resources, referrals or information, including smart contracts developed or operated by third parties that may be provided to You in connection with the Interface (“Third-Party Materials”). In addition, third parties may offer promotions related to the Interface. You acknowledge and agree that TONWorld does not control and is not responsible or liable for: (i) the availability or accuracy of such Third-Party Materials; or (ii) the content, products, or services on or available from such Third-Party Materials. Links to such Third-Party Materials do not imply any endorsement by TONWorld of such Webapp or resources or the content, products, or services available from such Third-Party Materials. If You access any Third-Party Materials or participate in any such promotions You acknowledge sole responsibility for and assume all risk arising from Your use of any such Third-Party Materials or promotions. Each User hereby expressly waives and releases Tostakeer from all liability arising from the User’s use of any such Third-Party Materials or participation in any such promotions. The User further acknowledges and agrees that We shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such Third-Party Materials, or promotions.
10. INTELLECTUAL PROPERTY
Unless otherwise indicated, the Webapp is TONWorld proprietary property and all source code, databases, functionality, software, Webapp designs, audio, video, text, photographs, and graphics on the Webapp (“Content”) and the trademarks, service marks, and logos contained therein ( “Marks”) are owned or controlled by Us or licensed to us, and are protected by copyright and trademark laws and various other intellectual property rights and unfair competition laws, foreign jurisdictions, and international conventions. The Content and the Marks are provided on the Webapp “AS IS” for Your information and personal use only. Except as expressly provided in these Terms, no part of the Webapp and no Content or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, licensed, or otherwise exploited for any commercial purpose whatsoever, without Our express prior written permission. Provided that You are eligible to use the Webapp, You are granted a limited license to access and use the Webapp. Technically, We are giving You a ‘limited license’ to the Webapp. Here is what that means. You are free to have this access (or limited license) as long as You follow these Terms and all of Our legal documents as they apply to You. We will do Our best to make sure Our services are safe and working as they should, but We cannot guarantee You will have access continuously. We reserve all rights not expressly granted to You in and to the Webapp, the Content, and the Marks.
11. USER LICENSES
You may access and use the Webapp, Interface and Services only in accordance with any instruction manuals, user guides and other documentation as made available by TONWorld from time to time (“Documentation”). This is the grant of a personal, revocable, non-exclusive, non-transferable, non-sublicensable license to use the Webapp and Interface, not a transfer of title, and under this license You may not: modify or copy the materials; attempt to decompile or reverse engineer any software contained on the Webapp; remove any copyright or other proprietary notations from the materials; or Transfer the materials to another person or "mirror" the materials on any other server. This license shall automatically terminate if You violate any of these restrictions and may be terminated by TONWorld at any time. Upon terminating Your viewing of these materials or upon the termination of this license, You must destroy any downloaded materials in Your possession whether in electronic or printed format.
12. ASSIGNMENT OF THE CONTRACTUAL RIGHTS AND OBLIGATIONS
TONWorld has the right to transfer its rights and obligations under the same terms prescribed herein to another organization. Without prejudice to the provisions of this Section 123, User shall have no right to assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of its rights or obligations under these Terms to any other company, firm or person without first obtaining the written consent of TONWorld.
13. NO BUSINESS PLAN OR SUPPORT OBLIGATION
TONWorld do not guarantee or provide assurances of any specific outcomes as a result of interaction with the Interface. Users understand that the maintainers of TONWorld do not engage in the operation of any version of the staking protocol, and as such, bear no responsibility or obligation to provide support or ensure the achievement of any business plan or strategic outcomes. Users interact with the staking protocol at their own risk, and are solely responsible for understanding and managing the potential outcomes of their interactions. Any representations regarding potential benefits or results are illustrative and not guarantees or promises of actual performance.
14. NO COMMITMENT
We have made no commitments or promises with respect to delivery of any future features or functions of the Services. In relation to any future features or functions, all presentations, request for proposal responses, and/or product roadmap documents, information or discussions, either prior to or following the entering into these Terms, are for informational purposes only, and TONWorld shall have no obligation to provide any future releases or upgrades or any features, enhancements or functions, unless specifically agreed to in writing. You acknowledge that no decisions are based upon any future features or functions of the Services. We may discontinue Service at any time for any or no reason. We will publicly announce our intention to discontinue the Service by providing at least 30 day’s notice using public channels including our Webapp, Telegram channel or other social media.
15. NO REGULATORY SUPERVISION
TONWorld and the Interface are not under the active supervision of any government agency or financial regulatory authority.
18. REGULATORY UNCERTAINTY
Blockchain technologies and smart contracts that TONWorld provides access to, could be subject to uncertain legal and regulatory changes. These changes could adversely affect the use of our Interface.
19. LIMITATION OF LIABILITY
To the extent permitted under applicable law, under no circumstances shall We, Our officers, directors, employees, affiliates, successors, assigns be liable to You or any other third party for any indirect, special, incidental, or consequential, exemplary or punitive damages of any type including, without limitation, damages for loss of goodwill, service interruption, computer failure or malfunction, loss of business profits, loss of data or business information, loss of additional software or computer configurations or costs of procurement of substitute goods or services, damages arising in connection with any use of the Webapp or any and all other commercial damages or losses, arising out of or in connection with these Terms. Notwithstanding anything to the contrary contained herein, in no event shall Our total liability (including Our officers, directors, employees, and affiliates) for any claim arising out of or related to these Terms, to the fullest extent possible under applicable law, exceed the amount paid if any, by You to Us for the use of the Services or $1,000.00 whichever is lower .
We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the Interface; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function related to the Interface; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Interface; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Interface; and (g) the defamatory, offensive, or illegal conduct of any third party; (h) server failure or data loss; (i) any change in value of any crypto asset; (j) any change of any Applicable Law. Under no circumstances shall We or any of our maintainers, contributors, contractors, agents, affiliates, or subsidiaries be liable to You for any claims, proceedings, liabilities, obligations, damages, losses, or costs. This limitation of liability applies regardless of whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, and even if We have been advised of the possibility of such liability. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages. Accordingly, some of the disclaimers and limitations set forth in this Agreement may not apply to You. This limitation of liability shall apply to the fullest extent permitted by law.
20. INDEMNIFICATION
To the fullest extent permitted by applicable law, You agree to indemnify, defend and hold harmless TONWorld, and Our respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the “TONWorld Parties”), from and against all actual or alleged TONWorld Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, “Claims”), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) Your use or misuse of the Webapp, Content or Services, (b) any feedback You provide, (c) Your violation of these Terms, (d) Your violation of the rights of another You agree to promptly notify TONWorld of any third-party Claims and cooperate with the TONWorld Parties in defending such Claims. You further agree that the TONWorld Parties shall have control of the defense or settlement of any third-party Claims. This indemnity is in addition to, and not in lieu of, any other indemnities set forth in a written agreement betWeen You and TONWorld.
21. TAXES
You are responsible for payment of all taxes, fees and surcharges, however designated, imposed on or based upon the use of the Services.
22. USER RESPONSIBILITY
You are solely responsible for all actions taken via Your account, the information You provide, and any damage arising from Your use of the Interface. Although TONWorld does not charge fees on the deposit, third-party transaction fees may apply.
23. NON-RELIANCE
You affirm that You are knowledgeable and experienced in the use of blockchain technologies, and have not relied on any information provided by us, except as set forth in these Terms.
24. DISCLAIMERS
Your access to and use of the Services and Content provided on TONWorld are at YOUR OWN RISK. You understand and agree that the Services are provided to You on an "AS IS" and "AS AVAILABLE" basis. Without limiting the foregoing, to the maximum extent permitted under applicable law, and TONWorld are founders, officers, directors, employees, agents and representatives) DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND OR NON-INFRINGEMENT.
TONWorld make no warranty and disclaim all responsibility and liability for: (i) the completeness, accuracy, availability, timeliness, security or reliability of the Services or any Content; (ii) any harm to Your computer system, loss of data, or other harm that results from Your access to or use of the Services or any Content; (iii) the deletion of, or the failure to store or to transmit, any Content and other communications maintained by the Services; and (iv) whether the Services will meet Your requirements or be available on an uninterrupted, secure, or error-free basis. No advice or information, whether oral or written, obtained from TONWorlds.com or through the Services, will create any warranty not expressly made herein.
No Provision of professional or expert advice.
Your use of the Webapp and Interface is solely at Your own risk. Nothing on the Webapp in the means of communication either directed personally or to the public at large, or any specific public, does not provide professional, legal, or financial advice to Users or any other individuals, and assumes no fiduciary duties of Users. Before You make any financial, legal, or other decision in connection with the Interface, you should seek independent professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate;
We may, from time to time, suspend access to Our services, for both scheduled and emergency maintenance. We will make reasonable efforts to ensure that transactions on the Platform are processed in a timely manner, but make no representations or warranties regarding the amount of time needed to complete processing, which is dependent upon many factors outside of our control.
Although We make reasonable efforts to update the information on the Platform, We make no representations, warranties, or guarantees, whether express or implied, that the content on the Platform, including information in relation to the Services, is always accurate, complete, or up to date.
You are responsible for obtaining the data network access necessary to use the Services. You are responsible for acquiring and updating compatible hardware or devices necessary to access and use the Services, the Platform, and any updates thereto. We do not guarantee that the Services, or any portion thereof, will function on any particular hardware or devices. Our Services may be subject to malfunctions and delays inherent in the use of the internet and electronic communications.
25. EXCEPTIONAL EVENTS
An "Exceptional Event" includes:
any fire, strike, riot, civil unrest, terrorist act, war or industrial action; any natural disaster such as floods, tornadoes, earthquakes and hurricanes; any epidemic, pandemic or public health emergency of national or international concern; any act or regulation made by a government, supra national body or authority that stops TONWorld from maintaining Service in any relevant part; technical failures in transmission, communication or computer facilities including poWer failures and electronic or equipment failures; If an Exceptional Event happens, the availability and speed of Services and the Webapp work, the availability of the different functionalities, as Well as any TONWorld obligations under these Terms may be delayed, may not be available, or may not be carried out. TONWorld will not be liable to You for any losses which You incur as a result.
26. SEVERABILITY
If any provision of this Terms is held to be invalid, unenforceable or illegal for any reason, the validity or enforceability of any or all of the remaining portions shall remain in full force and effect.
27. TERM AND TERMINATION
These Terms will begin on the date that You first stake Staked Coins with Us. Either party may terminate this agreement at any time for any or no reason. Upon the termination, provided that You are not in material breach of these Terms, You will cease to stake Staked Coins with TONWorld. Upon termination of these Terms, all licenses to access and use the Services will likewise terminate, and You will immediately thereafter discontinue all such access and use. Any obligations and duties that by their nature extend beyond the expiration or termination of these Terms will survive the expiration or termination including, without limitation, accrued rights to payment, confidentiality obligations, warranty disclaimers, indemnification and limitations of liability.
Confidentiality.
The parties agree that the Dispute shall be kept confidential. The existence of the claim, any nonpublic information provided, and any submissions, orders or awards made (together, the “Confidential Information”) shall not be disclosed to any non-party except the court, the parties, their counsel, experts, witnesses, accountants and auditors, insurers and reinsurers, and any other person necessary to the conduct of the proceedings. Notwithstanding the foregoing, a party may disclose Confidential Information to the extent that disclosure may be required to fulfill a legal duty, protect or pursue a legal right, or enforce or challenge an award in bona fide legal proceedings. This confidentiality provision shall survive termination of these Terms and of any Dispute brought pursuant to these Terms.
29. CLASS ACTION AND JURY TRIAL WAIVER
You and TONWorld agree that any claims relating to these Terms or to Your relationships with TONWorld as a User of the Webapp (whether based in contract, tort, statute, fraud, misrepresentation, or any other legal theory, and whether the claims arise during or after the termination of these Terms) shall be brought against the other party on individual basis only and not as a plaintiff or class member in a purported class or representative action. Further, you irrevocably waive the right to demand a trial by jury.
You and TONWorld further agree to waive any right for such claims to be brought, heard, or arbitrated as a class, collective, representative, or private attorney general action, to the extent permissible by applicable law. Combining or consolidating individual Disputes into a single Dispute is not permitted without the consent of all parties, including TONWorld.
You and TONWorld further agree to waive an application of any kinds of interim measures such as attachment, injunctions or orders safeguarding and preserving property, requesting payment of part of a claim, or imposing the posting of security for costs and the other interim measures.
30. ENTIRE AGREEMENT
These Terms constitute the entire agreement between You and TONWorld regarding the use of the Interface.
Privacy Policy
XLast updated: 15 May 2024
ABOUT US
TONWorld (“we” or “us” or “our”) respects your privacy. This Privacy Policy (“Policy”) describes how we collect, use, and disclose your information. We also describe the rights and choices you have regarding our use of your information. This Policy applies to the information we collect when you interact with us, including but not limited to information provided when you access our Webapp and any associated interface (referred to as the “Interface") and however else you may interact with us. The Personal Data processing is carried out by TONWorld on a legal and fair basis.
We are committed to protecting Your Personal Data when You use our services through our website and take the security of Your information very seriously. We have strict security measures in place to protect Your Personal Data and procedures which are regularly tested and reviewed. If You have any concerns about the way in which we process or protect Your Personal Data or would like to contact us about any aspect of this Policy, please get in touch through the contact details which are below. Your use of the website is subject to this Privacy Policy and our Terms of Service.
This Policy should be read in conjunction with any notices or terms located within our website/Terms of Service. Undefined capitalized terms shall have the meaning set forth in the Terms of Service. We reserve the right to amend this Policy at any time and for any reason.
Any changes to our Policy will be communicated to You by updating the "Effective Date" at the top of this page. Any changes or modifications will take effect immediately upon the updated Policy posting on the website. It is recommended that You review our Policy on a frequent basis to ensure You are informed of any changes.
By continuing to use the webapp after the updated Policy is posted, You are deemed to have been made aware of, bound by, and accepting the new Policy's modifications. By visiting the webapp and/or using the services, You agree that You are familiar with this Policy and agree to its terms. Please take the time to read our Policy carefully.
IF YOU DO NOT AGREE WITH THIS POLICY, PLEASE DO NOT USE OUR WEBAPP.
1.DEFINITIONS
In reading this Policy, please note the following:
Section, Clause, and paragraph headings shall not affect the interpretation of this Policy. A reference to a company shall include any company, corporation or other body corporate, wherever and however incorporated or established.
Unless the context otherwise requires, words in the singular shall include the plural and, in the plural, shall include the singular and a reference to one gender shall include a reference to the other genders.
This Policy and any other applicable policies shall be binding on, and enure to the benefit of, the parties to the relevant Policy and their respective personal representatives, successors and permitted assigns, and references to any party shall include that party’s personal representatives, successors and permitted assigns.
A reference to a statute or statutory provision is a reference to it as amended, extended or re-enacted from time to time.
Any obligation on a party not to do something includes an obligation not to allow that thing to be done. Any words following the terms ‘including’, ‘include’, ‘in particular’, ‘for example’ or any similar expression shall be construed as illustrative and shall not limit the sense of the words, description, definition, phrase or term preceding those terms. The definitions set out within the Terms of Service apply to this Policy.
A. “Automatic Information” means automatically collected additional information about You, including Your IP address, cookie information, browser type, operating system, access times, and the webapp You visited immediately before and after accessing the Webapp.
B. “Consent” means any freely given, specific, informed and unambiguous indication of the data Subject’s wishes to Policy accession and Personal Data processing without any reservations and restrictions. protected from disclosure under applicable laws.
C. “Service Providers” means our processors who process and use Your Personal Data on behalf of us for our purposes and on our instructions.
D. “Subject of Personal Data” refers to Users of our Webapp and Interface. f. The term “You” or “Your” refers to the User of our Webapp and Interface.
2. COLLECTION OF YOUR INFORMATION
In the course of operating our webapp and delivering our services, we collect and process the Personal Data, which we use for typical business and commercial purposes (including compliance with legal obligations and use for auditing, security, and anti-fraud purposes). We will collect Personal Data about You from the following sources:
When You communicate with us (by Telegram Chatbot);
When You are provided access to the Webapp and the Interface;
When You perform transactions;
From Cookies and tracking technologies on Your devices where You have permitted their use.
3. THE CATEGORIES OF INFORMATION WE COLLECT
TONWorld collects, uses, processes and protects the following categories of Personal Data as described more specifically below. TONWorld does not collect Personal Data to which the Subjects of Personal Data have not given their Consent.
Personal Data You provide
Most of the information that TONWorld collects about You is required to meet our legal and regulatory obligations, such as the anti-money laundering/ combating the financing of terrorism, however, TONWorld requests Your Consent to the processing of Your Personal Data. When You browse the webapp, fill out and send an electronic application to TONWorld, communicate with TONWorld, pay for services, and accept the services provided to You, TONWorld may collect and store the following Personal Data provided by You.
Purpose of processing Personal data
Communicating with You regarding Your inquiries. Provides access to users of the Webapp and Interface to the Supported Network Protocol, Wallet addresses, transaction and balance information, Our contractual obligations.
Information we automatically collect from Your use of the webapp
We automatically collect information about Your use of the TONWorld. We may use the Automatic Information with the aim of drawing inferences about your preferences. The Automatic Information helps us provide You with personalized content and offers and helps us develop and provide better services. Automatic Information includes following information: Automatic Information Category Information Device Information and Related Identifiers We and our Service Providers collect Your IP address and device-specific information (such as Your hardware model, operating system version, unique device identifiers, and mobile network information).
Browsing Information When You use the webapp, we and our Service Providers collect and analyze information about Your usage activity such as the URL that referred You to the website, the areas within the webapp that You visit, how long You spend on the website, and the time of day of Your visit and upload or post, error logs, language preferences, and other similar information.
Location Information When You use the webapp, we and our Service Providers collect general location information from Your computer or mobile device. “General” location information means information about the city and state in which Your device is located based on its IP address. We may also obtain general location when You use location features or through Wi-Fi access points. Many mobile devices permit applications to access real-time precise geolocation information. If we collect and use such information, we will ask Your Consent.
Automatic collection of information from Cookies and other technology
We and Service Providers may use Cookies, Web beacons and other tracking technologies on the webapp in order to personalize Your experience and improve the website.
Cookies
“Cookie” is a small part of information sent by a web-server to a web-browser, which enables the server to collect information from the browser. When You visit the webapp again, the Cookie allows us to: (i) recognize Your computer/device; (ii) store your preferences and settings; (iii) understand the web-pages of the webapp You have visited; (iv) enhance Your User experience by delivering and measuring the effectiveness of content and advertising tailored to Your interests; (v) perform searches and analytics; and (vi) assist with security and administrative functions.
Cookies are used by us in order to ensure the technical functionality of the webapp. When Сookies are used to remember your choice or for statistical purposes, the legal basis for this is Your Сonsent. You can always revoke your Consent by changing the Cookie settings. Cookies may be placed by third-party analytical tools, as described in the section "Using third-party services", and, therefore, may be available to relevant third parties in accordance with this Policy.
You can disable/delete the Cookies set by the webapp - please find the appropriate instructions by following these links on how to implement the deletion in different browsers:
For Google Chrome browser please refer to this instructions;
For Firefox browser please look up here;
For Safari browser please visit this link;
For Internet Explorer browser please refer to this page.
However, some website features or services may not function properly without Cookies.
Web beacons
Small graphic images or other web programming code called “Web beacons” may be included in our web-app. Web beacons may be invisible to You, but any electronic image or other web-programming code inserted into a web-app or e-mail can act as a Web beacon. Web beacons or similar technologies may be used for a number of purposes, including, without limitation, to count visitors on the webapp, to monitor how Users navigate the webapp, to make Cookies more effective, and to analyze how our articles, and links were opened, viewed, and used.
4. USAGE OF YOUR INFORMATION
We and our Service Providers use the information described above to accomplish the following business and operational purposes:
Administer Your use the webapp;
Provide, Maintain and improve our services;
Protect Our Users;
HOWEVER, WE ARE NOT RESPONSIBLE FOR THE USE OF ANY PERSONAL DATA THAT YOU DISCLOSE ON THE WEBAPP TO ANY THIRD PARTY. BY MAKING ANY INFORMATION AVAILABLE THOUGH THE SITE YOU ACKNOWLEDGE THAT YOU UNDERSTAND AND HAVE AGREED TO SUCH RISKS.
Comply with laws, regulations, and other legal process and procedures;
Respond to and complete Your requests (including providing notifications and answers related to questions You submit);
Process payments;
Conduct internal business operations in support of our website, such as auditing, security, resolving crashes, preventing fraud, invoicing and accounting, sales and marketing, analytics, and research and development;
Customize content, preferences, and advertising on or for the webapp;
Establish, exercise, or defend our legal rights;
Take steps that we reasonably believe to be necessary to protect the safety, security, and rights of the TONWorld, its employees, Service Providers, and others.
Please note that we may combine the information we collect through the website with information that we collect automatically and use such combined information in accordance with this Privacy Policy.
5. ANONYMOUS OR AGGREGATED INFORMATION
We de-identify or aggregate and/or anonymize any information collected through the website in such a way that we cannot reasonably link information to You or Your device. We may use such aggregate, de-identified, or anonymous information for any purpose, including without limitation for research and marketing purposes. You can always refuse to process Your Personal Data for marketing purposes, as well as refuse to receive messages for marketing purposes from the webapp by clicking the "Unsubscribe" button at the such message on Telegram Chatbot.
6. PERSONAL DATA STORAGE PERIOD OR CRITERIA FOR SUCH STORAGE
Your Personal Data will be stored till: they are necessary to render You the services; Your consent is no longer valid; Your Personal Data have been deleted following your data deletion request; we have received the court order or a lawful authority’s request mandating to permanently delete all the Personal Data we have obtained about You; or in other circumstances prescribed by applicable laws.
In any event, we will not store Your Personal Data for periods longer than it is necessary for the purposes of the processing.
7. DISCLOSURE OF YOUR INFORMATION
We may release Personal Data we have gathered about You in certain circumstances. The following methods in which Your information may be shared.
Service Providers
We share any of the Personal Data described above with Service Providers (including but not limited to payment processors, fraud detection vendors, service-related technology providers, and survey administrators) that provide Services to You and us, including to help us maintain our databases and websites, administer emails, display content, and analyze website usage activity.
Advertising Partners
We may share Your Personal Data and commercial information and usage information with advertising partners that use various technologies to send (or serve) relevant ads to you as you browse the Internet. We may share your Personal Data or your non-personally identifying information with ad networks for online behavioral advertising purposes. With all such parties (Service Providers, Advertising Partners and etc.) we enter into data processing agreements required to be concluded by the applicable laws between controllers and processors to protect and secure the Personal Data by using appropriate technical and organizational measures
Within Our Organization
We may share any of Your Personal Data with parents, subsidiaries, joint venture partners, and other entities under common control subject to this Privacy Policy.
By Law or to Protect Rights
If this Personal Data is requested by any judicial, non-judicial state or supranational authority required by any applicable laws, regulation, edict, local acts or it is necessary for national security, law enforcement, or other issues of public importance that disclosure of Personal Data is necessary. In case this Personal Data are used to detect, prevent, or otherwise addressees fraudulent, unlawful, dishonest or improper activity.
Third Parties Not Listed
Your Personal Data may be disclosed to marketers and investors for the purpose of conducting general business analysis. Additionally, we may share Your Personal Data with such third parties for marketing purposes, as permitted by law. Hereby You give us Consent on Your Personal Data disclosure to third parties and use in cases provided in this Police. However, in order to disclose Your Personal Data to any third parties, in cases not indicated in the Policy, we will ask for Your prior Consent. TONWorlds.com does not disclose or distribute Personal Data to third parties without the Consent of the Personal Data Subject, except in the following cases:
the information is posted by the Subject of Personal Data in the public domain independently; the transfer of Data is expressly authorized by the personal data subject; at the request of state bodies in the cases and in the manner prescribed by applicable law; in other cases in accordance with applicable law.
8. USAGE OF THIRD-PARTY SERVICES
TONWorld may use third-party services and tools to obtain analytical information. Such third-party services allow us to record and analyze the use of the webapp by Users. TONWorld uses this Data in order to study and understand the needs and preferences of both our existing customers and potential customers, to continuously improve the services provided, improve the quality of services and simplify access to information posted by the webapp.
Below you can find a list of third-party services currently used by TONWorld.
Third-party services
Name of the service provider, Link to documents on the processing of Personal Data by the service provider:
Google Analytics Google LLC https://policies.google.com/privacy?hl=en
Google Tag Manager Google LLC https://marketingplatform.google.com/about/analytics/tag-manager/use-policy/
TONWorld providing the relevant third-party service may have access to statistical and other depersonalized Data collected through such a service.
9. THIRD-PARTY WEBSITES
The webapp may contain links to third-party websites and apps that You may find useful, such as advertisements and third-party websites. Once You leave the Webapp via these links, any information You provide to these third parties is not covered by this Policy, and we cannot guarantee the security or privacy of Your Personal Data. Before You access or provide Personal Data to any third-party website, You should acquaint Yourself with the third party's privacy policies and practices (where applicable), and take all necessary actions to safeguard the privacy of Your Personal Data. We are not responsible for the content, privacy, or security practices or policies of third parties, including any other websites, services, or applications that may be linked to or accessible through the webapp.
10. THIRD-PARTY WALLETS
Your dealings with any third-party wallet provider are subject to the third party's appropriate terms of service and privacy policy. It is not covered by this Policy and we cannot guarantee the security or privacy of Your Personal Data and funds.
11. SECURITY OF YOUR INFORMATION
Our administrative, technical, and physical security measures safeguard Your Personal Data. While we have taken reasonable steps to secure the Personal Data You provide to us, please keep in mind that no security system is flawless or impenetrable, and no means of data transfer can be guaranteed to be free of interception or other type of misuse. Any information disclosed online is subject to interception and exploitation by unwanted parties. As a result, we cannot guarantee the complete confidentiality of any Personal Data You provide.
12. YOUR RIGHTS
The right of access You have the right to be provided with clear, transparent and easily understandable information about how, for what purpose and under which legal grounds we use Your Personal Data and Your rights. The right to be informed A right to access Personal Data held by us about You.
Whether provision of Personal Data is mandatory or voluntary; if mandatory – the legal consequences of refusal to submit them The right to rectification A right to require us to rectify any inaccurate Personal Data held by us about You.
The right to erasure A right to require us to erase Personal Data held by us about You. This right will only apply where (for example): we no longer need to use the Personal Data to achieve the purpose we collected it for; or where You withdraw Your Consent if we are using Your Personal Data based on Your Consent; or where You object to the way we process Your Personal Data. This right is not absolute and will not apply when legitimate and overriding reasons apply.
The right to withdraw Consent A right to withdraw Your Consent, where we are relying on it to use Your Personal Data (for example, to provide You with marketing information about our services or products).
Right to receive information on disclosure A right to receive information on to whom Your Personal Data were disclosed, and the grounds and purpose of the disclosure (information about processors, sub-processors, joint controllers).
13. POLICY FOR CHILDREN
We do not collect or market to minors under the age of 18 on purpose. If You become aware that we have acquired Personal Data from children under the age of 18, please contact us using the contact information given below.
If You are a resident of the US and You are under the age of 13, please do not submit any personal data through the Webapp. If You have reason to believe that a child under the age of 13 has provided personal data to us through the Services, please contact Us, and We will endeavor to delete that information from Our databases.
If You are a resident of the European Economic Area and You are under the age of 16, please do not submit any personal data through the Services and the Webapp. We do not collect or process Personal Information pertaining to a child, where a child under the GDPR is defined as an individual below the age of 16 years old.
Frequent Asks and Questions
XIn simple words, staking is like a lottery. You put your money into a deposit to receive tickets, and if your ticket won, you are assigned to do a high-paying task.
In most PoS blockchains staking is the most popular source of passive income, as it is the blockchain protocol itself paying the rewards and yields can’t be more robust than that.
Gas Fees. Users must attach a small amount of $TON with each transaction to reward validators who process them.
Inflation. For each block created TON issues new Toncoins to validators. The overall annual inflation rate ranges from 0.3% to 0.6% of the total amount of $TON in circulation. It may vary depending on network activity and collected gas fees, the total amount of tokens staked, and other factors.
For example, TONWorld liquid staking protocol enables users to:
- Stake from 10 TON instead of 400,000 TON.
- Withdraw staked rewards TON at any moment without waiting for the validation cycle to end.
- Receive TON tokens, that represent staked TON.
It's accessible: Users can start staking even with 10 TON.
It's profitable: Users can reinvest their liquid staking tokens (TON in TONWorld case) to earn additional yield.
It's safe: Users are protected from slashing, plus they remain in full control over their staked TON thanks to liquid staking smart contracts design.
It's flexible: Users can unstake their TON at the end of each individual staking contract or sell TON for TON.
Regular staking: The minimum deposit is 300,000 TON to become a validator and technical knowledge to spin up a node. Tokens are locked through the full validation cycle (36 hours).
Nominator pools: Participants lend their TON to validators. The minimum deposit is 10,000 TON and the tokens are locked up for 36 hours.
Liquid staking: (i.e. TONWorld). It provides TON to validators and accumulates rewards in its liquidity pool to maximize APY. The minimum deposit is 5 TON, and withdrawals are daily.
When users deposit TON to the pool, TONWorld mints TON to their wallets. When users decide to unstake, TONWorld burns their TON and returns staked TON plus rewards.
The users only have to pay regular transaction fees for calling TONWorlds smart contract: approx 1% TON to stake and 1% TON to unstake regardless of the TON amount and accumulated rewards.
Due to the nature of the TON blockchain, it is required to send an extra 1% TON for stake and 1% TON for unstake. The change from those extra funds (deducting the blockchain fee) will be returned to the user's wallet.
But be aware of scammers who might mimic under TONWorld with malicious smart contracts or ask you for your secret recovery phrase (a seed phrase) that grants control over a wallet. TONWorld team will never ask you to provide your secret recovery phrase.
TONWorlds is a non-custodial service, meaning users always remain in control after their funds.
Election (9 hours): Elector contract chooses validators to participate in the current round.
Validation (18 hours): Validators process transactions and blocks and receive rewards.
Hold (9 hours): The network temporarily holds stakes and rewards to slash if needed, then releases them to validators.
Validation rounds start in parallel to each other during the Hold period. TON validators are changing constantly every two cycles to ensure proper decentralization.
APY is not constant and can change for several reasons:
Network-related: TON inflation rate, the number of blocks produced, the total number of validators, network's total stake.
Validator-related: if your validator misses block creation or behaves maliciously, this will reduce rewards and APY.
Liquid staking platform-related: platform fees, staking periods, and compounding periods might affect APY.
Remember that APY is always estimated and can change over time. Also, APY is calculated in tokens, so the resulting earnings in fiat equivalent might be different because of token price fluctuations.
Never share the secret phrase (seed phrase) or private key with anyone. Whoever has this key can control the wallet and all funds in it. You can't change the key and use the same wallet safely. If you are concerned your key was compromised, it is better to create a new wallet with a new key and transfer all funds to it.
Use only recommended wallets for working with TONWorld or other TON Apps. New wallets with a small user base might have backdoors or exploits.
Do not click any links promising free tokens, airdrops, or NFTs, especially if the links are provided by some famous person. Hackers love to hijack famous accounts and scam people. Do not trust anyone who's writing your first, especially if they call themselves TONWorld team members. TONWorld team won't write your first!
Take into account only what you see in official channels, for example in TONWorld Telegram Official channel. And finally, trust no one, do your own research (DYOR). Blockchains and transactions are transparent for this purpose.