Welthee Terms of Use

Last revised: 17 September 2021

Welcome to Welthee!

Please read the following terms carefully as they govern your use of our services

These Welthee Terms of Use is entered into between you (hereinafter referred to as “you” or “your”) and Visitors (as defined below) telling you about the rules for using our Services available at www.welthee.com (hereinafter referred to as “Platform”).

By using (in any possible way) our Services, you fully agree that you have read, understood, and accepted all the terms and conditions stipulated in these Terms of Use (hereinafter referred to as ‘’Terms’’ or “these Terms”).

When you decide to use specific Welthee features of the Services, you may be subject to specific additional terms and conditions applicable to those features.  

Please note that accessing or using the services accessible through external links accessible from the Platform are not covered by those Terms. Please carefully read all terms that are applicable to those services before accessing the third-party’s services.

If you do not accept these Terms, do not access our Platform and its Services.

Accessing and using in any way our Services available on the Platform you fully acknowledge to be bounded by these Terms.

These Terms constitute a legal agreement and create a binding contract between you and Welthee.

1. Who we are and how to contact us

Welthee is the commercial name of the companies indicated in the ”About Welthee” section.

Welthee is an independent project administrated by Capitera AG which aims to become the main technical infrastructure for managing investments in the cryptocurrency area and not only.

Our Platform develops a technical infrastructure which must be seen only as an online tool for using our Services.

We offer no guarantee or assurance of the operation of the Platform and/or its Services.

Welthee does not commit and shall not be liable for any failure to support, display or offer any of the features available within the Platform, especially but not limited to the situation in which a damage is caused by the action of a third party.

To contact us, please email at support@welthee.com.

2. Definitions (a-z)

Authority means any statutory governmental, judicial, or other authority or any of them or any of their authorized representatives;

Backup means to write down safely and secretly your Recovery Phrase.

Cases of force majeure represents extraordinary events or circumstances which neither Party could have foreseen or prevented by reasonable means, including but not limited to natural disasters, war, revolution, uprising civil insurrection, acts of terrorism, expropriation, nationalization, nuclear explosion, radioactive or chemical contamination or ionizing radiation, except lack of funds, which will not be a Force Majeure Case;

Claim means the process by which the User is entitled to receive the purchased Cryptocurrencies;  

Claimed Tokens means the Cryptocurrencies to which the User is entitled to receive in its Wallet in accordance with the Purchase Agreement.

Digital assets or Cryptocurrencies means a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography named blockchain, rather than by a centralized authority.

Gas means the fees paid for performing a transaction which are charged by the blockchain infrastructure (by the miners which validate the transaction on blockchain;

Interested Third Parties means the natural or legal persons known by the user which intends to acquire Welt Tokens from the Welthee;

Launchpad Rules means the supplementary rules applicable to any Service available in the Launchpad Platform’s section, alongside those Terms.

Platform means the mobile technical infrastructure (mobile application) presented at the following web address www.welthee.com and available on App Store and Google Play as “Welthee Wallet”.

Private Address or Private Key the sequence of characters associated with a Public Address in a Cryptocurrency wallet and which is required to perform any operation/withdrawal from a Cryptocurrency wallet. The Private Address offers the holder the unlimited access to the Cryptocurrency wallet (including to its contents). The Private Address is known only to the user and must never be disclosed to any another person.

Public Address or Private Key means the characters identifying an electronic wallet to which Cryptocurrencies are sent;

Recovery Phrase means the specific sequence of words generated by the blockchain infrastructure, when configuring the Welthee Platform. The recovery phrase offers to users the possibility to access their Cryptocurrency wallet. The User is the only one who knows the words of the recovery phrase and their order;

Referral means the activity performed by a user consisting of introducing Interested Third Parties to the Platform followed by the acquisition by such Interested Third Parties of a specific quantity of Welt Tokens from Welthee;

Referral Link means the link generated by the Platform which may be used by Interested Third Parties in view of acquiring the Welt Tokens;

Referral Tokens means the Welt Tokens to be received by the user in exchange for the Referral Activity;

Services refers to all features, functionalities, utilities, use cases and actions, of any kind, available exclusively on the Platform;

User any natural or legal person who decided to use our Services;

Visitor means any person who accesses the Platform without being registered;

Wallet means the technical solution that allows a user to store, send or receive Cryptocurrencies/Tokens using blockchain infrastructure. Each Public Address (Public Key) has assigned a unique private address (private key).

WELT Tokens or WELT means the ERC-20 Tokens (Cryptocurrency) issued by Welthee using the Polygon (MATIC) blockchain infrastructure;

Welthee means the owner and the administrator of the Platform;

Welthee Technical Partners (WTP) means the service providers used to offer different features to our users, in connection with the Platform or in connection with the WELT Tokens/cryptocurrencies;

Working day means a day (other than Saturday or Sunday) when the banks are open for working with the public in Bucharest, Romania;

3. General provisions

Purpose of the website and commitments

WE DO NOT OFFER ANY INVESTMENT OR FINANCIAL ADVICE. ANY REFERENCE TO INVESTMENTS DISPLAYED ON THE PLATFORM IS MENTIONED ONLY FOR INFORMATIVE PURPOSES.

Welthee does not provide investment or consulting advice of any kind and is not responsible for the use or interpretation of information available on the Platform (regardless the uploader) or any other communication method.

All Welthee Services are available only to persons who are in full civil capacity according to their national regulation.

Welthee cannot and does not guarantee the Services (including the content of the Platform) accuracy, applicability, reliability, integrity, performance, or appropriateness. Welthee shall not be liable for any loss or damage that may be caused directly or indirectly by your use of these contents.

All users MUST UNDERSTAND AND ASSUME the risks associated with the use (regardless the method) of Cryptocurrencies/Digital Assets, and it is recommended to exercise a high level of prudence and responsibly assume decisions within their own capabilities, on their own risk.

Please take into consideration that the value of the WELT Tokens and any other Cryptocurrency on the open market may change by +/- 100% or more even during the same hour.  

4. The Platform’s functionality

Sometimes it will be necessary, and we may need to suspend or withdraw the Platform for an undefined period of time.

We do not guarantee that our Platform, or any content on it, will always be available or be uninterrupted. We may suspend or withdraw or restrict the availability of all or any part of our platform for business and operational reasons. We will try to give you reasonable notice of any suspension or withdrawal, if possible.

To avoid any misunderstanding, by using our Services you acknowledge that there may be situations in which you will be unable to use the Platform, including to take any action in connection to your assets.

You are also responsible for ensuring that all persons who access our Platform through your device or internet connection are aware of these Terms of use and other applicable terms and conditions, and that they comply with them.

5. Prohibition of Use and Commitments

Depending on your country of residence, incorporation, or registered office, you may not be able to access or use any of the Welthee Services. It is your responsibility to follow the rules and laws in your country of residence and/or country from which you access this Platform.

By accessing and using Welthee Services, you represent and warrant that you have not been included (directly/indirectly) and has no relationship (directly/indirectly) with any person whose citizen or resident of a country which is/was included in any trade embargoes or economic sanctions list (such as the United Nations Security Council sanctions list), the list of specially designated nationals maintained by OFAC (The Office of Foreign Assets Control of the U.S. Department of the Treasury), the Financial Action Task Force (FATF), International Traffic In Arms Regulations (ITAR) or the denied persons or entity list of the U.S. Department of Commerce. The restrictions herein target the inclusion as a natural/legal person on the above-mentioned lists as well as the inclusion of the User’s citizenship or residency state.

Welthee reserves the right to choose markets and jurisdictions to conduct business, and may restrict or refuse, in its discretion, the provision of Welthee services in certain countries or regions.

6. Licensing

6.1 Subject to the fulfilment of the foregoing Terms, Welthee grants you a revocable, limited rights, royalty-free, non-exclusive, non-transferable, and non-sub licensable license ONLY to access and use Welthee Services through your computer or Internet compatible devices for your personal/internal purposes. You are prohibited to use the Services for resale or commercial purposes, including operations on behalf of other persons or entities. All the above actions are expressly prohibited and constitute a material violation of these Terms. The content layout, format, function, and access rights regarding the Services should be stipulated in the discretion of Welthee. Welthee reserves all rights not expressly granted in these Terms. Therefore, you are hereby prohibited from using our Services in any way not expressly authorised by these Terms.

6.2 To avoid any misunderstanding:

  • these Terms only grant a limited license to access and use Welthee Services. Therefore, you hereby agree that when you use our Services, we do not transfer our Services or the ownership or intellectual property rights of any intellectual property to you or anyone else.
  • the content published, all the text, graphics, visual interface, photos, sounds, process flow diagrams, computer code (including html code), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the Services or provided as a part of our Services, are exclusively owned, controlled and/or licensed by Welthee or its members, parent companies, licensors or affiliates.

Welthee owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about the Services that you provide through any means of communication. You hereby transfer all rights, ownership and interests of the Feedback and all related intellectual property rights to us. You have no right and hereby waive any request for acknowledgment or compensation based on any Feedback, or any modifications based on any Feedback.

7. Welthee Wallet Service

SENDING OTHER CRYPTOCURRENCIES THAN THOSE EXPRESSLY INDICATED IN THE CORRESPONDING WALLET OR USING DIFFERENT BLOCKCHAIN THAN THE ONE INTEGRATED IN THE PLATFORM, FOR EACH WALLET, WILL CAUSE THE PERMANENT LOSS OF THE CRYPTOCURRENCIES.

BEFORE PERFORMING ANY TRANSACTION PLEASE CHECK THE PUBLIC ADDRESSES IN ORDER TO DETERMINE THE BLOCKCHAIN USED FOR EACH CRYPTOCURRENCY.

By using the Wallet Services, interested Users are able to create and use  different Cryptocurrencies Wallets. The mobile client has integrated several third party libraries for offering the possibility to interact with different Blockchains.

Unfortunately, at this moment not all the Wallets listed in the setting sections are not functional, but we are doing our best to offer you as soon as possible Wallets for more different type of Cryptocurrencies.

Save for the WELT Tokens’ Public Address and the Public Addresses of the Cryptocurrencies listed on the Launchpad, we never store your Private or Public Addresses.

All Wallets integrated in the Platform are decentralized Wallets which means that your Cryptocurrencies are registered directly in blockchain, and we never store and access them.

By using our services, you agree to Breadwinner AG (WalletKit) Terms of Use and subsequent Policies.

Considering the irreversibility of the transactions performed using blockchain infrastructure, users hereby acknowledge the following:

a. is the sole responsible for understanding the functioning mechanism of the blockchain technology and how all Cryptocurrencies works and should be managed;

b. has studied, understood, is the sole responsible and fully assumes all incumbent effects of using the Cryptocurrencies and the blockchain infrastructure, including but not limited to:

i. the functioning mechanism of the blockchain infrastructure and the delivery and receipt of the Cryptocurrencies from one address to the other;

ii. all Cryptocurrencies may be lost in case the user performs an incorrect, incomplete, or wrong operation including but not limited to delivery of Cryptocurrencies to a wrong address, loss of access keys or performing an operation without sufficient Gas funds;

iii. Welthee is absolutely unable to remedy, recover or annul any transaction or operation performed by the user with respect to the Cryptocurrencies;

iv. it is required to have a sufficient amount of Cryptocurrency which must be compatible/suitable for the blockchain infrastructure (used by Cryptocurrency that he plans to transfer) for covering the transaction costs (called “Gas”).

v. Welthee tokens (WELT) currently uses the Polygon blockchain, and the cryptocurrency used (at that moment) for covering the gas fees is called MATIC.

vi. checking the blockchain infrastructure used by each Cryptocurrency before preforming any transfer on its own;

vii. keeping and managing the Private Key, the Public Key, the Recovery Phrase, etc..

c. it will not be possible to request the cancellation, restoration or modification, in any way, of a started transfer or done to the User;

d. is solely responsible for generating and storing the following information: (i) the Public and Private Addresses of the Platform’s Wallet, (ii) any other used access keys/credentials (of any kind), (iii) the security word series (mnemonic phrase/Recovery Phrase), (iv) the credentials of his Platform’s account, including the Cryptocurrency Wallets generated within it, (v) the e-mail address and the telephone number used to log into the Platform;

e. is responsible for the correct indication and the possibility of accessing the e-mail address and telephone number, being the only one who has access to them, fully assuming the responsibility for their security, availability and functionality;

f. under no circumstances the Platform can be liable for any delay or malfunctions of the of any blockchain used by any Cryptocurrency, regardless the nature and the value of the generated consequences.

8. Claim purchased Welthee Tokens

The Users shall receive the WELT Tokens acquired during the seed/private sale in accordance with the terms and conditions of the relevant sale purchase agreement concluded in this respect. The user may not request the delivery of the WELT Tokens prior to the milestones provided under each relevant sale purchase agreement.

Following the fulfilment of the terms and conditions for the delivery of WELT Tokens, the buyer (User) may request the WELT Tokens by clicking the “Claim” button available on the Platform or using a similar mechanism provided in this respect. Please note that the Platform may automatically deliver the acquired WELT tokens to the buyer’s Welthee Wallet.

9. Welthee Launchpad

Under no circumstances, displaying any Cryptocurrency on the Platform, including in this section shall not be interpreted as an investment advice or recommendation.

Welthee Launchpad is only a technical feature which only offers you the technical possibility to obtain the tokens displayed in that section,

Please note that the provisions of the Section 11 are correspondingly applicable for all the Cryptocurrencies displayed in this section.

Using the services accessible in the Launchpad Section are also subject to the Launchpad Terms. We strongly advise you to read the terms and conditions and privacy policies of third-party who issued the Cryptocurrencies indicated in this Section.

10. Welthee additional features

We highly recommend you to Back Up your wallet and to constantly be sure that you have access to your Recovery Phrase.

Recovery Phrase will help you to recover your wallets if, for example, but not limited to, you lose your device, switch to a new one, forget your pin, unbind your wallet, if, for any reason, you were logged out from the Platform or you are unable to access it.

Welthee never knows your Recovery Phrase and we will be completely unable to recovery your account and/or wallets if you do not perform the Backup or if you lost your Recovery Phrase.

We highly recommend you to implement all security measures available in the Platform for protecting your information and assets, such as, but not limited to, activating the pin code or the biometrical log in features. It is your responsibility for setting up and storing your pin code.  

11. Welthee Currency indicator

Any value displayed on the Platform is only for reference purposes. Any value displayed in the Platform is only for informative purposes and under no circumstances shall be interpreted that Welthee is liable or responsible for that value.

Only for informative purposes, you should select which currency you want to be displayed in the Platform.

We strongly recommend you not to rely on any value indicated in the Platform, and you should do your own calculation if you need to have an accurate representation of your asset’s value.

12. Welthee Technical Providers and Third Parties

Sometimes Welthee’s Services may be available through WTP’s Platforms or independent third-party Platforms, situations in which their specific rules, restrictions or terms & conditions will be fully applicable for those features.

Our Service may contain links to third-party websites or services that are not owned or controlled by Welthee. Additionally, our Service may allow you to interact directly with third-party services without leaving our Platform.

Welthee has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party web sites or services. You further acknowledge and agree that Welthee 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 use of or reliance on any such content, goods or services available on or through any such websites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.

We reserve the right to terminate or suspend access to these third-party services immediately, without prior notice or liability, for any reason whatsoever.

Welthee shall not be liable for the actions, inactions, or any activity performed by any WTP’s or third party who decided to use/integrate Welthee’s Services or WELT Tokens.

Under no circumstances should Welthee be considered liable or a party to any business relationship/Agreement concluded between any person and the WTP/third party providing services in connection with Welthee’s Services or WELT Tokens, even those services, the WTP/third party is promoted or displayed on the Platform.

13. Campaigns

Welthee may propose or accept to organize different Campaigns for different purposes, such as marketing Campaigns (Giveaways, Airdrops, Bounty) or economic Campaigns for supporting the integrity of the ecosystem’s economy (Locking token Campaigns).

Campaigns may be directly organized through the Platform, where those Terms and other specific Policies will be applicable, or through third party’s services, where the Campaigns will be fully governed by their terms & conditions.

Welthee is not responsible to any Campaign which is not directly and fully performed on the Platform’s web domain, even that those Campaigns are displayed on the Platform or can be access through external links/hyperlinks available on the Platform.

All announcement and/or banners available on the Platform are only for marketing purposes, so please follow the service provider’s webpage to discover all the terms and conditions of the Campaign.

Welthee does not warrant or assume any liability in connection with the service provider’s actions, promises, content and services.

14. Referral program

In exchange for the Referral Activity performed by a User via a valid Referral Link, the User shall be entitled to receive a specific quantity of Referral Tokens. Please note that User is entitled to request and receive the Referral Tokens subject to the Interested Third Parties acquiring the WELT Tokens through the Platform, in accordance with the procedure provided herein.

The exact quantity of Referral Tokens shall be determined by applying the percentage listed in the Referral section of the Platform to the quantity of WELT Tokens acquired by the Interested Third Party throughout the Referral Link submitted by the user. Please acknowledge that the percentage may be amended from time to time and Welthee does not warrant the continuous availability of such indemnification for the Referral Activity.

The user may claim the Referral Tokens if the following conditions are cumulatively met:

a. the Interested Third Party has successfully created a valid account on the Platform using the Referral Link submitted by the User;

b. the Interested Third Party has successfully acquired the WELT Tokens using the account created throughout the Referral Link;

c. the Interested Third Party has paid in full the purchase price of the acquired WELT Tokens.

When performing the Referral Activity, please observe the following obligations:

i. the User is solely entitled to submit the Referral Link to Interested Third Parties and shall restrain from performing any activities which exceed such objective;

ii. the User is not allowed to initiate, negotiate or conclude any agreements with any Interested Third Party with respect to the WELT Tokens or the Platform;

iii. the User is not allowed to provide information, advice, representations or warranties towards Interested Third Parties with respect to the activity, functionality or the value of the WELT Tokens or the Platform;

iv. the User is not entitled to request or receive directly/indirectly any indemnification from Interested Third Parties;

v. the User is not entitled to recommend himself as a Welthee representative or employee or to induce directly/indirectly the fact that the User is a representative or employee of Welthee;

vi. the User is not entitled to send e-mails or to contact persons which he does not know;

vii. the User is not entitled to act in the name of or for Welthee.

15. Bonding Curve

Bonding Cure Offering is a special innovative underdevelopment feature which will available for premium selected Users. Through Bonding Curve Users will be able to purchase different Cryptocurrencies published on the Launchpad at under preferential conditions which will be available on the Platform.

16. Q&A Section

Under the Q&A Section you may find useful information and answers of the frequently asked questions with respect to our services. Please note that all content provided under the Q&A Section is for general information purposes and may not be construed as a specific advice for a particular case. The aim of the Q&A section is to provide the general guidelines in order to ensure the proper functionality of our platform.

Considering the generality of the content, you should not rely on the information provided in the Q&A section. Please note that every question or issue is particular and the solution of each problem requires specific analysis. Consequently, when settling an issue, the analogy is not applicable.  

Thus, we strongly encourage each user to perform his own research with respect to any question or issue. In case additional information is required, do not hesitate to contact us.

Welthee is not liable for any information/content provided under the Q&A Section of the platform as such information is provided as a general guideline.

17. Do not rely on information on our site

The content on our site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content published on the Platform.

Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content posted by us on our Platform is accurate, complete, or up to date.

Under no circumstances, should Ads, articles, or any other advertisement available on the Platform be construed as a Welthee’s mandatory bid (business offer).

All information available on the Platform should be interpreted as a commercial presentation.

Please note that different rules and policies may be applicable for each feature or even for the same future if it is provided by different third parties/LLP.

18. Verifications

To comply with all applicable regulations, in some cases, Welthee may need to verify the User’s identity for using specific Services.

You agree and Welthee may require Users, in its discretion, to prove their identity by providing the personal information or documents such as, but not limited to national ID, passport, driving license, live video, proof of funds, proof of residence (utility bill) and so on.

Such information will be used to verify Users’ identity, identify traces of money laundering, terrorist financing, fraud, and other financial crimes.

When providing the required information, you confirm it is true and accurate.

We will collect, use, and share such information in accordance with our Privacy Policy.

During the analysis or in case of failing to comply with Welthee’s request necessary to verify the user’s identity and the source of funds, (if applicable) Welthee is entitled to block your access to our Services or assets (if applicable) until it is satisfied with the information you have provided and determine in its sole discretion that it is sufficient to validate your KYC/AML procedure.

In the meantime, you will not be allowed to perform any action in connection with you Services or assets (if applicable) or to request the deletion of the Personal Data processed during verification operations.

IF THERE ARE ANY GROUNDS FOR BELIEVING THAT ANY OF THE INFORMATION YOU PROVIDED IS INCORRECT, FALSE, OUTDATED, OR INCOMPLETE, WELTHEE RESERVES THE RIGHT TO SEND YOU A NOTICE TO DEMAND CORRECTION, DIRECTLY DELETE THE RELEVANT INFORMATION, AND, AS THE CASE MAY BE, TERMINATE ALL OR PART OF WELTHEE SERVICES WE PROVIDE FOR YOU. IF WE ARE UNABLE TO REACH YOU WITH THE CONTACT INFORMATION YOU PROVIDED, YOU SHALL BE FULLY LIABLE FOR ANY LOSS OR EXPENSE CAUSED TO WELTHEE DURING YOUR USE OF OUR SERVICES.

In case Welthee will decide to block your activity, all your assets will be administrated in accordance with the applicable laws.

19. Security

WELTHEE DOES NOT STORE USERS’ PASSWORDS, KEYS OR ANY OTHER CREDENTIALS.

You are responsible for all activity that happens on or through ANY of your wallets/accounts, even that in those account are stored WELT Tokens or the other Cryptocurrencies.

Welthee cannot take any action (such as, but not limited to transfer, undo a transfer, recover access, and so on) in connection with any account/wallet in which you store WELT Tokens or the other Cryptocurrencies.

Considering the aspects mentioned above, you agree that you are the only one responsible for:

  • setting up and keeping your all your credentials confidential;
  • accessing and using the recovery method/the supplementary security measures available for any tool used to access the Platform;
  • performing the Backup of your wallet and for keeping safe the Recovery Phrase;
  • any action or transfer you or any other person perform in connection with your assets/accounts;

Any action on the Platform, is considered to have been made by you and irrevocable once performed. You are required to notify Welthee immediately of any unauthorised use of your device which was used to access the Platform, or any other breach of security, by email to support@welthee.com.

You are solely responsible for keeping safe of your accounts, Recovery Phrase, wallets or devices.

Welthee assumes no liability for any loss or consequences caused by authorised or unauthorised use of your account and/or credentials, including but not limited to access caused by information disclosure, hacking, information release, phishing, phishing, and so on.

20. Restrictions

By using our Services, you firmly assume to:

  • fully comply with the requirements of applicable laws and regulations and these Terms.
  • not violate Users’ rights, public interests, public morals, or the legitimate interests of others, including any actions that would interfere with, disrupt, negatively affect, or prohibit other Users from using our Services;
  • not use our Platform’s features or WELT Tokens for any kind of market manipulation (such as but not limited to pump and dump schemes, self-trading, wash trading, quote stuffing, front running, and spoofing or layering, regardless of whether prohibited by law;
  • not influence in any way the Platform’s services trying to modify, replicate, duplicate, copy, download, transfer, store, disassemble, further transmit, publish, disseminate, broadcast, remove or alter any copyright statement or label, or license, sub-license, sell, mirror, design, rent, lease, private label, grant security interests in the properties or any part of the properties, or create their derivative works or otherwise take advantage of any part of the properties;
  • not use any mechanisms such as but not limited to: deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the properties, or replicate or bypass the navigational structure or presentation of our Services in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided through our Services;
  • not attempt in any way to access any part or function of the properties/features without authorization, or connect to our Services or any Welthee infrastructure (servers or any other systems or networks) provided through the services by hacking, password mining or any other unlawful or prohibited means;
  • not try to identify any vulnerability of the Platform (including the third party integrated), or violate any security or authentication measures;
  • not try to obtain, in any way (including direct requesting, reverse look-up, track or seek to track) any information of any other Users or visitors the Platform;
  • not take any method that causes the platform to slow down
  • not use any devices, software or any other function which may alter or interfere with the proper functioning of the platform, as it was established by Welthee;
  • not to use any of the features available on the Platform in an illegal way.

You expressly empowered Welthee to perform any action to identify and investigate any violation of these Terms, unilaterally determine whether you have violated these Terms, and take actions (without your prior consent or notice) such as, but not limited to:

  • blocking and closing your ongoing activities;
  • freezing your activity and assets;
  • reporting the incident to the competent authorities;
  • publishing the alleged violations and actions that have been taken;
  • deleting any information, you published that are found to be violations;

It is strictly forbidden to conduct any action and/or activity which:

  • is prohibited by our Terms and Conditions, or may direct, or indirect violate its provisions;
  • is related to illegal activities or with the purpose of causing harm to another person, regardless the way in which this purpose is done or achieved;
  • access or collect data from our Products using automated means (without our prior permission) or attempt to access data you do not have permission to access;

21. Indemnification

You agree to indemnify and hold harmless Welthee, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, Welthee Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of Welthee Services. If you are obligated to indemnify Welthee, their affiliates, contractors, licensors, and their respective directors, officers, employees, or agents pursuant to these Terms, Welthee will have the right, in its sole discretion, to control any action or proceeding and to determine whether Welthee wishes to settle, and if so, on what terms.

22. Warranty and Disclaimers

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE, ALONG WITH OUR PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, PARTNERS, LICENSORS AND DISTRIBUTORS (COLLECTIVELY WELTHEE ENTITIES) DO NOT MAKE ANY REPRESENTATIONS, PROMISES, OR WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE SERVICES. WE PROVIDE OUR SERVICES “AS-IS,” “WITH ALL FAULTS,” AND “AS AVAILABLE.” YOUR USE OF THE SERVICES, INCLUDING OUR CONTENT WITHIN THE SERVICES (and excluding the content posted by users), IS AT YOUR OWN RISK AND WE DO NOT REPRESENT, PROMISE, OR WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE. YOU UNDERSTAND AND AGREE THAT NO DATA TRANSMISSION OVER THE INTERNET OR INFORMATION STORAGE TECHNOLOGY CAN BE GUARANTEED TO BE SECURE, AND WE EXPRESSLY DISCLAIM ANY WARRANTIES, EXPRESS OR IMPLIED, TO THAT EFFECT. WE MAKE NO COMMITMENTS, PROMISES OR WARRANTIES ABOUT THE CONTENT WITHIN THE SERVICES OR CONTENT LINKED FROM THE SERVICES, THE SUPPORT WE PROVIDE FOR THE SERVICES, THE SPECIFIC FUNCTIONS OF THE SERVICES, THE SECURITY OF THE SERVICES, OR THE SERVICES’ RELIABILITY, QUALITY, ACCURACY, AVAILABILITY, OR ABILITY TO MEET YOUR NEEDS, PROVIDE CERTAIN OUTPUTS OR ACHIEVE CERTAIN RESULTS.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE, ALONG WITH OUR PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, PARTNERS, LICENSORS AND DISTRIBUTORS (COLLECTIVELY WELTHEE ENTITIES) DO NOT MAKE ANY REPRESENTATIONS, PROMISES, OR WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE WELT TOKENS (INCLUDING THEIR VALUE), THE SERVICES, OR ANY OTHER AVAILABLE FEATURE OR REGARDING THEIR PROFITABILITY, ACTUALLY, ACCURACY, USABILITY, ETC.

YOU UNDERSTAND AND ASSUME THAT ANY DECISION FOLLOWING OR IN CONNECTION WITH THE WELT TOKENS, THE SERVICES, THE CONTENT AVAILABLE ON THE PLATFORM OR ANY OTHER AVAILABLE FEATURES IS BASED ON YOUR OWN RESEARCH AND RESPONSIBILITY.

SOME JURISDICTIONS PROVIDE FOR CERTAIN IMPLIED WARRANTIES, SUCH AS THE IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, WE DISCLAIM ANY AND ALL IMPLIED OR EXPRESS PROMISES OR WARRANTIES ABOUT THE SERVICES.

23. Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE AND UNDERSTAND THAT WELTHEE WILL NOT BE LIABLE FOR: ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, TREBLE OR OTHER MULTIPLES OF DAMAGES, EXEMPLARY OR PUNITIVE DAMAGES ARISING FROM OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SERVICES/WELT TOKENS.

WELTHEE IS NOT RESPONSIBLE FOR ANY LOST PROFITS, LOST REVENUES, LOST BUSINESS OPPORTUNITIES, DIMINUTION IN VALUE, INCLUDING ANY ALLEGED LOSS OR DIMINUTION IN VALUE OF PERSONAL INFORMATION, OR ANY OTHER LOSSES (COLLECTIVELY, “LOSSES”) ARISING FROM OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF OR ACCESS TO THE SERVICES/WELT TOKENS, INCLUDING, BUT NOT LIMITED TO, LOSSES RESULTING FROM OR IN CONNECTION WITH: THE DELETION OF, ALTERATION OF, MIS-DELIVERY OF, OR FAILURE TO STORE DATA MAINTAINED OR TRANSMITTED BY THE SERVICES; THE LIMITING, SUSPENSION OR TERMINATION OF YOUR ACCOUNT (if applicable); YOUR DOWNLOADING OR SHARING OF INFORMATION, INCLUDING PERSONAL INFORMATION, VIA THE SERVICES; THE UNAUTHORIZED ACCESS TO YOUR ACCOUNT OR ANY DATA MAINTAINED OR TRANSMITTED BY THE SERVICES; LINKS PROVIDED BY THE SERVICES OR THIRD PARTIES TO EXTERNAL SITES OR RESOURCES; YOUR DEALINGS WITH OR PARTICIPATION IN PROMOTIONS OF ADVERTISERS FOUND ON OR THROUGH THE SERVICES; OR ANY GOOD OR SERVICES SOLD BY SUCH ADVERTISERS.

WELTHEE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE, OF ANY KIND WHICH MAY RISE DIRECT OR INDIRECT FROM OR IN CONNECTION OF ANY DECISION THAT YOU PERFORM AFTER READING AND/OR INTERACTING IN ANY POSSIBLE WAY WITH THE PLATFORM’S SERVICES, WTP/THIRD PARTY’S SERVICES OR WITH THE PLATFORM ITSELF.

WELTHEE WILL NOT BE LIABLE FOR PROBLEMS CAUSED BY OTHERS, THE WRONGFUL OR UNLAWFUL ACTIONS OF THIRD PARTIES, OR AN ACT OF GOD. THE LIMITATIONS AND EXCLUSIONS IN THESE TERMS WILL APPLY WHETHER OR NOT WE HAVE BEEN ADVISED OF OR SHOULD HAVE BEEN AWARE OF THE POSSIBILITY OF ANY LOSSES ARISING.

TO THE FULLEST EXTENT PERMITTED BY LAW AND EXCEPT AS OTHERWISE STATED IN THESE TERMS, WELTHEE IS NOT LIABLE IN CONNECTION WITH ANY DISPUTES THAT ARISE OUT OF OR RELATE TO THESE TERMS OR SERVICES.

24. There are other terms that may apply to you

We do not charge you to access the Platform. Instead, businesses and organisations may pay us to show you ads for their products and services. By using our Platform, you agree that we can show you ads that we think will be relevant to you and your interests.

We do not sell your personal data to advertisers, and we do not share information that directly identifies you with advertisers unless you give us specific permission.

Our Privacy Policy explains how we collect and use your personal data to determine some of the ads you see and provide all the other services described below. You can also go to your settings at any time to review the privacy choices you have about how we use your data.

25. We may make changes to our site

Welthee reserves the right to change, add or remove parts of these Terms at any time and at its sole discretion. Every time you wish to use our site, please check these terms to ensure you understand the terms that apply at that time.

We will notify such changes by simply updating the terms on our website and modifying the [Last revised] date displayed on this page.

All modifications or changes to these terms will become effective upon publication on the website or release to users.

It is your responsibility to review the amended Terms. Your continued use of the Platform and the Services following the changes to the Terms, you accept and agree to the changes, and that all subsequent activity performed by you will be subject to the amended Terms.

If you have any question regarding or in connection of the information mentioned in these Terms, please do not hesitate to do directly contact us.

26. We may transfer this agreement to someone else

The transfer of rights and obligations arising from these Terms and / or the use of the Platform is subject to our prior written consent.

You expressly agree that Welthee may unilaterally transfer all rights and obligations that may result from these Terms and use of the platform without the consent of users.

27. How you may use material on our site

We are the owner or the licensee of all intellectual property rights of our Platform, and materials published on it by us. Those works are protected by copyright laws and treaties around the world. All such rights are reserved.

You may print off one copy, and may download extracts, of any page(s) from our site for your personal use and you may draw the attention of others within your organisation to content posted on our site.

You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.

Our status (and that of any identified contributors) as the authors of content on our site must always be acknowledged.

You must not use any part of the content on our site for commercial purposes without obtaining a license to do so from us or our licensors.

If you print off, copy, or download any part of our site in breach of these terms of use, your right to use our site will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

28. We are not responsible for websites we link to

Where our Platform contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by us of those linked websites or information you may obtain from them.

We have no control over the contents of those sites or resources.

For example, on our Platform you may find links to external websites such as: links to our Partners’ websites or to third parties which decided to use/integrate our Services/WELT Tokens.

Please note that all external links are displayed for advertising (portfolio) purposes only, and we do not warrant or assume any liability in connection with their actions, promises, content and services.

29. How to complain

If you have a complaint or a feedback, please contact us on support@welthee.com.

30. We are not responsible for viruses, and you must not introduce them

We do not guarantee that our site will be secure or free from bugs or viruses.

You are responsible for configuring your information technology, computer programs and platform to access our site. You should use your own virus protection software.

You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material that is malicious or technologically harmful. You must not attempt to gain unauthorized access to our site, the server on which our site is stored, or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of service attack. By breaching this provision, you would commit a criminal offence under the regulation which governs Welthee’s activity. We will report any such breach to the relevant law enforcement authorities, and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your right to use our site will cease immediately.

31. Rules about linking to our site

You may link to our home page, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it.

You must not establish a link in such a way as to suggest any form of association, approval, or endorsement on our part where none exists.

You must not establish a link to our site in any website that is not owned by you.

Our site must not be framed on any other site, nor may you create a link to any part of our site other than the home page.

We reserve the right to withdraw linking permission without notice.

The website in which you are linking must comply in all respects with the content standards set out in these Terms.

If you wish to link to or make any use of content on our site other than that set out above, please contact support@welthee.com.

32. Which country’s laws apply to any disputes?

These terms of use, their subject matter, and their formation (and any non-contractual disputes or claims) are governed by Romanian law terms are governed by Romanian law.

We both agree to the exclusive jurisdiction of the courts of Romania.

33. Our trademarks are registered

Welthee is a trademark registered in EU and protected worldwide through the notoriety achieved.

You are not permitted to use them without our approval, unless they are part of material you are using as permitted under these Terms.