User Agreement

Summary

The following key points of this User Agreement are brought for your convenience only. They do not substitute the full Terms.

  1. Who we are. ZooBC is a mobile app owned and operated by Quasisoft Limited.
  2. What is ZooBC. ZooBC is a mobile application that allows users to conveniently and securely access, send and receive their crypto and digital assets.
  3. Important disclaimers. ZooBC is not intended as, and does not provide, any investment or financial advice whatsoever. As with any financial or investment decisions, you should conduct your own research and due diligence investigation, to properly evaluate the benefits and risks of any investment or financial transaction. You should also seek the advice and guidance of qualified accountants, financial advisors, tax advisors, legal counsels, and investment advisors, in connection with any investment or financial transaction.
  4. Privacy. We respect your privacy as further explained in our Privacy Policy.
  5. Intellectual property. All legal rights in ZooBC, including all intellectual property rights, are Quasisoft’s.
  6. Disclaimer of warranty. ZooBC is provided for use ‘as is’. We disclaim all warranties and representations with respect to ZooBC.
  7. Limitation of liability. To the maximum extent permitted by the applicable law, we – and anyone acting on our behalf – will not be liable for any damage or loss, arising from the use or inability to use ZooBC.
  8. Law & jurisdiction. Use of ZooBC is governed by the laws of Hong Kong and subject to the exclusive jurisdiction of the competent courts in Hong Kong.
  9. Termination. You may request to terminate your account at any time by contacting us at info@zoobc.com. Upon termination of these Terms or your account, your right to use ZooBC is terminated and you must immediately cease using ZooBC.
  10. THE TERMS INCLUDE ADDITIONAL PROVISIONS THAT YOU SHOULD CAREFULLY READ, SUCH AS PROVISIONS REGARDING WARRANTY, LIMITED LIABILITY, INDEMNIFICATION, AND ASSIGNMENT.

The Details

Welcome to ZooBC, a mobile application (“App”) that allows users (“Users” or “you”) to conveniently and securely access, send and receive crypto and digital assets (“Assets”).

ZooBC is owned and operated by Quasisoft Limited. (“Quasisoft”, “we”, “us” and “our”).

Please read the following User Agreement (the “Terms“) carefully. By signing up to, accessing, or using ZooBC, you agree to these Terms. If you do not agree to these Terms, you may not access or use ZooBC.

HOW DOES IT WORK?

Like any traditional crypto wallet, ZooBC offers its users a tool to conveniently and securely sign transactions (“Transactions”) with their private keys or sed prase (“Private Key”). By reading QRCodes with the phone camera, ZooBC can also use hardware wallets, such as SafePal, that are air-gapped from your phone. This means that ZooBC is unable to access Users’ Assets without their volition and consent.

In case Users’ Devices are unavailable — e.g. if the Device is broken or stolen — ZooBC cannot help its Users to recover their private keys or seed phrase. The recovery process will be available to Users provided they have fully stored in a safe place a backup of their Private Keys or seed phrase, in accordance with the instructions presented on ZooBC.  

The source code of the mobile application will be available on https://github.com/ZooBC (the “Code“). This will allow each user to verify the code, compile and run ZooBC in full safety that no malicious code is included in the application. 

Through ZooBC, Users can also access and view the balance of their Assets. The Fiat value of User’s Assets as displayed through ZooBC is only an estimate depending on relevant exchange rates of Fiat Currency and the valuation of crypto and digital assets which are constantly changing. Quasisoft does not warrant nor does it make any representations as to the accuracy of the fiat value displayed through ZooBC. For the avoidance of any doubt, “Fiat Currency” means any currency issued by a Central Bank of sovereign countries, such as the US Dollar, Euro, etc. 

 

IMPORTANT DISCLAIMERS

ZooBC is not intended as, and does not provide, any investment or financial advice whatsoever. With respect to any financial or investment decisions, it is strongly recommended that you conduct your own research and due diligence investigation, to properly evaluate the benefits and risks of any investment or financial transaction. It is also strongly recommended that you seek the advice and guidance of qualified accountants, financial advisors, tax advisors, legal counsels, and investment advisors, in connection with any investment or financial transaction.

All information presented to you does not in any way constitute a general offer or investment advice, with respect to an investment or the purchase of products or services presented on ZooBC. Nothing in ZooBC and related websites and social media accounts constitutes a recommendation, opinion, endorsement, or financial advice of any kind. 

You agree to be held completely and fully responsible for your decisions. The Trustee does not guarantee the completeness or accuracy of the information presented in the Reports or on the App and is not liable for any errors in actions taken in reliance thereon, including with respect to the release of any funds.

REGISTRATION

Information you provide. In order to use ZooBC, you must be an individual 18 years of age or older. When you use ZooBC, you are agreeing to our Privacy Policy (“User Information”). ZooBC’s features are activated and available only to users who have successfully completed the sign-on process.

Use of  ZooBC may not be available to you, in whole or in part, in certain regions, countries, or jurisdictions, in order to comply with certain rules and regulations.

Additional information. We reserve the right to request additional information to verify your identity throughout your use of ZooBC or when you submit requests related to your ZooBC account.

YOUR PRIVACY

We respect your privacy. Our Privacy Policy, explains our privacy practices. We encourage you to read it carefully.

ACCEPTABLE AND PROHIBITED USE OF ZooBC

Accepted use. The following terms define the acceptable use of the App and the content available therein. By using the App, you agree to abide by all applicable laws.

Account suspension. We may seek legal action if we believe you have violated these Terms or exhibit behavior that raises suspicion of criminal activity.

Prohibited use. When using ZooBC, you must refrain from –

  • Breaching these Terms or any other applicable rules and instructions that we may convey with respect to ZooBC;
  • Interfering with, burdening, or disrupting the functionality of ZooBC;
  • Breaching the security of ZooBC, or publicly identifying any security vulnerabilities in it (direct feedback to us is welcome);
  • Circumventing or manipulating the operation or functionality of ZooBC, or attempting to enable features or functionalities that are otherwise disabled, inaccessible, or undocumented in ZooBC;
  • Sending automated or machine generated queries pretending to be the ZooBC mobile app;
  • Using robots, crawlers, and similar applications to collect and compile content from ZooBC or send data to ZooBC including for the purposes of competing with ZooBC, or in such ways that may impair or disrupt ZooBC’s functionality;
  • Displaying or embedding content from ZooBC, including by any software, feature, gadget, or communication protocol, which alters the content or its design;
  • Impersonating any person or entity, or making any false statement pertaining to your identity or affiliation with any person or entity;
  • Collecting, harvesting, obtaining, or processing personal information regarding ZooBC’s users, without their prior explicit consent;
  • Abusing, harassing, threatening, or intimidating other users of ZooBC;
  • Linking to ZooBC from web pages or applications that contain pornographic content or content that encourages racism or wrongful discrimination;
  • Engaging in any activity that constitutes a criminal offense or gives rise to civil liability;
  • Violating any applicable law;

You are solely responsible for the content you make available through ZooBC and for the consequences associated with doing so.

FEE-BASED AND FREE OF CHARGE SERVICES

Access to ZooBC is offered to you free for life. Additional features and services introduced in the future may not be included as part of your Free Access, but may be subject to payment of applicable fees (“Fees”), in accordance with the packages, schemes, and amounts presented to you, either upon registration or at a later time.

Trial-period. Features offered subject to payment of the applicable fees, may be offered on a trial-basis, free-of-charge, which may be time-limited. We may, at any time and at our sole discretion, change any rates and payment terms.  

Fee-based services. Failing to settle the payment of Fees will prevent you from further using ZooBC, notwithstanding any other remedies available to us under the applicable law. In such a case, we may terminate your ZooBC account and your use of its features.

Your subscription to ZooBC will continue on a monthly basis unless and until you cancel it and terminate these Terms (see the “Termination” section below) or otherwise have or have been suspended or discontinued pursuant to these Terms.

All Fees are quoted in US Dollars, unless expressly stated otherwise.

We will charge you for the applicable Fees (if applicable), as they become due, using ZooBC itself.

By registering to ZooBC and confirming the packages, schemes and amounts presented to you, you give your consent to being billed for the applicable Fees, in addition to any applicable taxes (such as sales tax, value added tax or withholding tax), and any surcharges or commissions charged by the payment processor or your Payment Method.

All amounts payable to us are exclusive of any excise, sales tax, VAT, withholding tax or other governmental charges or transaction charges. You are responsible for the payment of all such applicable taxes or charges. In case needed, then promptly following our request, you will provide us with the taxation documentation necessary for processing the Fees.

To the maximum extent permitted by applicable law, the Fees paid by you are non-refundable. You are responsible for paying all applicable Fees whether or not you actually accessed or otherwise benefited from your use of ZooBC. Failure to settle any overdue Fees within thirty (30) calendar days of its original due date will constitute a material breach of these Terms, and may cause us to suspend, disable or terminate your account, in addition to any other remedies available to us under the applicable law.  

 

INTELLECTUAL PROPERTY

Our intellectual property. All rights, title, and interest in and to the ZooBC, including without limitation, patents, copyrights, trademarks, trade names, service marks, trade secrets, and other intellectual property rights and any goodwill associated therewith, are the exclusive property of Quasisoft and its licensors.

Restrictions. You may not copy, reverse engineer, modify or create derivative works of Quasisoft’s intellectual property, in any way or by any means, except those under GPL3 available on our Github repository, for which you need to follow the GPL3 license rules.

You may not use any name, mark, logo, or domain name that is confusingly similar to our marks, logos, and Internet domain names. You must refrain from any action or omission that may dilute or damage our goodwill.

APPLICATION MARKETPLACE

Your use of the ZooBC may be subject to additional third-party terms and conditions that govern that application marketplace from which you downloaded the App. Such third parties are not responsible for providing maintenance and support services with respect to the App.

THIRD-PARTY PLATFORMS

ZooBC may interface with third-party services and platforms (“Third Party Platforms”). For example, you may “share” your activity on ZooBC and invite your friends to use ZooBC through social network Third Party Platforms. Other Third Party Platforms may provide you the ability to purchase crypto with fiat currency.

Other Third Party Platforms may provide you different services applicable to your crypto and digital assets, such as purchasing crypto with fiat currency or locking your funds (or part of them) into an interest-bearing smart contract.

The following terms apply to services provided by Third Party Platforms.

  • Use of these Third Party Platforms is governed by their respective terms of service, not by these Terms. You bear the sole and exclusive responsibility for accepting and complying with those other terms of service.
  • The responsibilities, obligations, and liabilities of Third Party Platforms are as indicated in their respective terms of service.

TERMINATION

Terminating your account. You may, at any time, request to terminate your account by contacting us at help@ZooBC.com.

Upon termination of these Terms or your account, your right to use ZooBC is terminated and you must immediately cease using ZooBC.

Effects of Termination. Upon termination, your user account will be canceled.

Terminating the operation of ZooBC. We may at any time discontinue or terminate the operation of ZooBC, or any part thereof, temporarily or permanently, for all users, or for certain users, without any liability to you. If we do so on our own accord and not as a result of your violation of these Terms, we will notify you in advance before such termination.

CHANGES AND AVAILABILITY

Changes on ZooBC. We may, at any time and without prior notice change the layout, design, scope, features, or availability of ZooBC. We may also remove User Content if we deem it necessary for operational reasons.

Availability. The availability, functioning, quality, and functionality of ZooBC depend on various factors, including software, hardware, and communication networks, which are provided by third parties, at their responsibility. These factors are not fault-free.

Changing these Terms. We may revise these Terms (beyond the terms, rules, and policies explained in our user guide), in whole or in part, at any time by notifying you of the amended Terms ahead of time. Your continued use of ZooBC after the effective date of the amended Terms constitutes your consent to the amended Terms.

DISCLAIMER OF WARRANTY

ZooBC IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITH ALL FAULTS. WE AND OUR OFFICERS, DIRECTORS, SHAREHOLDERS, EMPLOYEES, SUB-CONTRACTORS, AGENTS AND AFFILIATES (THE “STAFF”) DISCLAIM ALL WARRANTIES AND REPRESENTATIONS, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO ZooBC, ITS CONTENT, THE FEES, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE, QUALITY, NON-INFRINGEMENT, TITLE, COMPATIBILITY, PERFORMANCE, SECURITY, ACCURACY, ENHANCED GOODWILL OR EXPECTED BENEFITS. 

WE DO NOT WARRANT THAT (1) ZooBC WILL OPERATE UNINTERRUPTEDLY, ERROR-­FREE OR WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS IN ANY WAY; (2) ZooBC WILL ALWAYS BE AVAILABLE OR FREE FROM MALWARES, COMPUTER VIRUSES OR OTHER HARMFUL COMPONENTS; (3) THE QUALITY OF ZooBC AND THE CONTENT AVAILABLE THROUGH IT, WILL MEET YOUR EXPECTATIONS; (4) THE CONTENT PRESENTED ON ZooBC WILL BE ACCURATE, BENEFICIAL OR RELIABLE; (5) THE RESULTS OF USING ZooBC WILL BE SATISFACTORY AND WILL FIT YOUR EXPECTATIONS OR REQUIREMENTS.

NO REPRESENTATION OR OTHER AFFIRMATION OF FACT, INCLUDING STATEMENTS REGARDING CAPACITY, SUITABILITY FOR USE OR PERFORMANCE OF ZooBC, OR THE CONTENT PRESENTED ON, OR THROUGH, ZooBC, WHETHER OR NOT MADE BY ANY OF OUR STAFF, WHICH IS NOT EXPRESSLY CONTAINED IN THESE TERMS, SHALL BE DEEMED TO BE A WARRANTY BY THE INVOLVED PERSONS FOR ANY PURPOSE, OR GIVE RISE TO ANY LIABILITY OF OUR STAFF WHATSOEVER.

YOU AGREE AND ACKNOWLEDGE THAT THE USE OF ZooBC IS ENTIRELY, OR AT THE MAXIMUM PERMITTED BY THE APPLICABLE LAW, AT YOUR OWN RISK. 

LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE AND OUR STAFF, SHALL NOT BE LIABLE, FOR ANY INDIRECT, SPECIAL, PUNITIVE, EXEMPLARY, STATUTORY, INCIDENTAL OR CONSEQUENTIAL DAMAGE, OR ANY SIMILAR DAMAGE OR LOSS (INCLUDING LOSS OF PROFIT AND LOSS OF DATA), COSTS, EXPENSES, AND PAYMENTS, EITHER IN TORT (INCLUDING NEGLIGENCE), CONTRACT, OR IN ANY OTHER FORM OR THEORY OF LIABILITY, ARISING FROM, OR IN CONNECTION WITH THE CONTENT, THE FEES, THE USE OF, OR THE INABILITY TO USE ZooBC OR ITS FEATURES, OR FROM ANY FAILURE, ERROR, OR BREAKDOWN IN THE FUNCTION OF ZooBC, OR FROM ANY FAULT, OR ERROR MADE BY OUR STAFF, OR FROM YOUR RELIANCE ON CONTENT AVAILABLE ON ZooBC, OR FROM ANY COMMUNICATION THROUGH ZooBC, OR WITH OTHER USERS ON ZooBC, OR FROM ANY DENIAL OR CANCELATION OF YOUR USER ACCOUNT, OR FROM RETENTION, DELETION, DISCLOSURE AND ANY OTHER USE OR LOSS OF YOUR CONTENT ON ZooBC. 

IN ANY EVENT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, OUR TOTAL, MAXIMUM AND AGGREGATE LIABILITY TO YOU FOR DIRECT DAMAGES SHALL BE LIMITED TO HALF THE FEES YOU PAID US (IF ANY) IN THE TWELVE MONTHS PRECEDING THE EVENT PURPORTEDLY GIVING RISE TO THE CLAIM.

NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, WE WILL BE FULLY RELEASED FROM OUR OBLIGATIONS AND LIABILITY TO YOU IF YOU HAVE BREACHED THESE TERMS, ANY OTHER TERMS, RULES OR REGULATIONS APPLICABLE TO ZooBC, OR IF THROUGH YOUR USE OF ZooBC, YOU INFRINGED OR VIOLATED ANY OTHER PERSON’S RIGHTS.

INDEMNIFICATION

To the maximum extent permitted by law, you will indemnify and hold harmless at your own expense, us, our Staff, and anyone acting on our behalf, from and against any damages, costs, and expenses, resulting from any claim, allegation, or demand, connected with your use of ZooBC, your breach of these Terms or infringement of any other person’s rights.

GOVERNING LAW, JURISDICTION

Regardless of your place of residence or where you access or use ZooBC from, these Terms and your use of ZooBC will be governed by and construed solely in accordance with the laws of Hong Kong.

The competent courts in Hong Kong will have exclusive and sole jurisdiction over any dispute, claim, or controversy relating to ZooBC or with respect to any matter relating to these Terms. You hereby expressly consent to personal jurisdiction in Hong Kong and expressly waive any right to object to such personal jurisdiction or the non-convenience of such forum.

Notwithstanding the foregoing, we may lodge a claim against you pursuant to the indemnity clause above in any court adjudicating a third party claim against us.

GENERAL

Assignment. You may not assign or transfer your rights and obligations under these Terms without our prior written consent. Any attempted or actual assignment by you, without our prior written consent, shall be null and void.

Changes in ownership. In the event of Mergers and Acquisitions, we may, upon notice to you and without obtaining your consent, assign and delegate these Terms, including all of our rights, performances, duties, liabilities, and obligations contained herein, to a third party.

Severability. If any provision of these Terms is held to be illegal, invalid, or unenforceable by a competent court, then the provision shall be performed and enforced to the maximum extent permitted by law to reflect as closely as possible, the original intention of that provision, and the remaining provisions of these Terms shall continue to remain in full force and effect.

Interpretation. The section headings in these Terms are included for convenience only and shall take no part in the interpretation or construing of these Terms. Whenever used in these Terms, the term “Including”, whether capitalized or not, means without limitation to the preceding phrase. All examples and e.g. notations are illustrative, not exhaustive.

Entire agreement. These Terms constitute the entire agreement between you and us concerning the subject matter herein and supersede all prior and contemporaneous negotiations and oral representations, agreements, and statements.

Waivers. No waiver, concession, extension, representation, alteration, addition, or derogation from these Terms by us, or pursuant to these Terms, will be effective unless consented to explicitly and executed in writing by our authorized representative. Failure on our part to demand performance of any provision in these Terms shall not constitute a waiver of any of our rights under these Terms.

Relationship. These Terms do not create any agency, partnership, employment, or fiduciary relationship between you and us.

CONTACT US

At any time, you may contact us with any question, request, comment, or complaint that you may have with respect to ZooBC or these Terms at info@zoobc.com.

Effective Date: January 8, 2021