Terms & Conditions

THE FOLLOWINGS “TERMS OF USE AND DISCLAIMER” OF www.nowz.cloud, AND OF THE UTILITY TOKEN NAMED : NOWZ MUST BE AGREED BEFORE USING THIS WEBSITE AND BEFORE USING THE UTILITY TOKEN NAMED NOWZ.

Acceptance of these terms of use are entered into by and between you and  this site : www.nowz.cloud (hereinafter : www.nowz.cloud) regarding the use of www.nowz.cloud’s BRC20 Utility Token (hereinafter : NOWZ). The following terms and conditions, together with any documents they expressly incorporate by reference (collectively, these “Terms of Use”), govern your access to and use of www.nowz.cloud including any content, functionality and services offered on or through www.nowz.cloud (the “Website”). Please read the Terms of Use carefully before you start to use the Website. By using the Website or by clicking to accept or agree to the Terms of Use when this option is made available to you, you accept and agree to be bound and abide by these Terms of Use in addition to any Privacy Policy and Cookie Policy.

If you do not to agree to these Terms of Use and disclaimer, you must not access or use the website.

The followings terms of use and disclaimer state the only rules under which users can use the website named : www.nowz.cloud and the BRC20 Utility Token named : NOWZ.

The disclaimer reminds all users that NOWZ and www.nowz.cloud are in continuing development, and that there is no guarantee that it will be successful or that the token will increase in value. It is important for investors to read the white paper disclaimer carefully and seek professional advice if needed before making any investment decisions.It is important for investors to carefully consider their own financial situation and risk tolerance before investing in any new project or token, and to seek professional advice if needed. Additionally, it is important to note that there is no guarantee that a project or token will be successful, and that there are significant risks associated with investing in any new venture.

Before using NOWZ all users must understand and agree that NOWZ can not be considered as a security, since a security is a financial instrument that holds some type of monetary value, it represents an ownership position in a publicly-traded corporation (via stock), a creditor relationship with a governmental body or a corporation (via bonds), or rights to ownership as represented by an option. Securities can be categorized primarily as debt securities (such as bonds), equity securities (such as stocks), or derivative contracts (such as options or futures). Here are some common features of securities:

  1. Investment of Money: The purchase of a security typically involves an investment of money or something of value.
  2. Expectation of Profits: People invest in securities with an expectation that they will make a profit through dividends, interest payments, or an increase in the value of the security.
  3. Common Enterprise: The investment of money in a security is often in a common enterprise – this could be a corporation, project, or some other entity.
  4. Reliance on the Efforts of Others: When someone invests in a security, they are typically relying on the efforts of others to generate profits. For example, when investing in a company’s stock, profits are dependent on the company’s management and operations.
  5. Transferability: Securities can be easily transferred between parties. This could be done privately or through an exchange.
  6. Regulation: Securities are often subject to specific regulatory requirements, which can include registration and reporting obligations.

NOWZ can not be considered as a security, since :

NOWZ is a cryptocurrency. It is a decentralized digital currency that operates without a central authority or single administrator. Transactions are verified through a network of nodes and recorded on the bitcoin blockchain, a public ledger.

Here’s why NOWZ doesn’t fit the criteria of a security:

  1. No Investment in a Common Enterprise: When someone buys NOWZ, they are not investing in a common enterprise or project. They are simply purchasing a digital currency.
  2. No Expectation of Profits Due to the Efforts of Others: The value of NOWZ is not tied to the efforts of a management team or company. It is primarily driven by supply and demand in the market. While some individuals may purchase NOWZ with the hope that it will increase in value, this is speculative and not based on the efforts of a third party to generate profits.
  3. Lack of Regulation as a Security: NOWZ is generally not subject to the same regulatory requirements as securities. While certain governments have put in place regulations specifically for cryptocurrencies, these are often distinct from securities regulations.

In conclusion, NOWZ is primarily classified and regulated as a digital asset (utility token) or cryptocurrency, and not as a security, because it doesn’t exhibit the typical characteristics of a security. However, it’s important to note that regulations can change and vary between jurisdictions, so it’s always good to stay updated with the latest regulatory developments.

Therefore, investors should carefully review any white paper or project proposal and fully understand the risks involved before making any investment decisions.


Who May Use the website

This website is offered and available to users who are 18 years of age or older. By using this Website, you represent and warrant that you (i) are 18 years of age or older, (ii) are not barred to use the website under any applicable law, and (iii) are using the website only for your own personal use. If you do not meet these requirements, you must not access or use the website.

Changes to the Terms of Use

We may revise and update these Terms of Use from time to time in our sole discretion. All changes are effective immediately when we post them.

Your continued use of the website following the posting of revised Terms of Use means that you accept and agree to the changes. You are expected to check this page frequently so you are aware of any changes, as they are binding on you.

Accessing the website and Account Security

We reserve the right to withdraw or amend this Website, and any service or material we provide on the Website, in our sole discretion without notice. We do not guarantee that our site or any content on it, will always be available or be interrupted. We will not be liable if for any reason all or any part of the website is unavailable at any time or for any period. From time to time, we may restrict access to some parts of the Website, or the entire Website, to users.

You are responsible for:

  • Making all arrangements necessary for you to have access to the website.
  • Ensuring that all persons who access the website through your internet connection are aware of these Terms of Use and comply with them.

To access the website or some of the resources it offers, you may be asked to provide certain registration details or other information. It is a condition of your use of the website that all the information you provide on the website is correct, current and complete. You agree that all information you provide to register using this website or otherwise, including, but not limited to, using any interactive features on the Website, is governed by our Privacy Policy, and you consent to all actions we take with respect to your information consistent with our Privacy Policy.

You should use particular caution when inputting personal information on to the website on a public or shared computer so that others are not able to view or record your personal information.

Intellectual Property Rights

The website and its entire contents, features and functionality (including but not limited to all information, software, text, displays, images, video and audio, and the design, selection and arrangement thereof), are owned by www.nowz.cloud, its licensors or other providers of such material and are protected by copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws.

Trademarks

www.nowz.cloud name, www.nowz.cloud logo and all related names, logos, product and service names, designs and slogans are trademarks of www.nowz.cloud or its affiliates or licensors. You must not use such marks without the prior written permission of www.nowz.cloud. All other names, logos, product and service names, designs and slogans on this website are the trademarks of their respective owners.

Prohibited Uses

You may use the website only for lawful purposes and in accordance with these Terms of Use. You agree not to use the Website:

  • In any way that violates any applicable federal, state, local or international law or regulation (including, without limitation, any laws regarding the export of data or software to and from the US or other countries).
  • For the purpose of exploiting, harming or attempting to exploit or harm minors in any way by exposing them to inappropriate content, asking for personally identifiable information or otherwise.
  • To send, knowingly receive, upload, download, use or re-use any material which does not comply with these Terms of Use.
  • To transmit, or procure the sending of, any advertising or promotional material without our prior written consent, including any “junk mail”, “chain letter” or “spam” or any other similar solicitation.
  • To impersonate or attempt to impersonate www.nowz.cloud employee, another user or any other person or entity (including, without limitation, by using e-mail addresses or screen names associated with any of the foregoing).
  • To engage in any other conduct that restricts or inhibits anyone’s use or enjoyment of the Website, or which, as determined by us, may harm www.nowz.cloud or users of the website or expose them to liability.

Additionally, you agree not to:

  • Use the website in any manner that could disable, overburden, damage, or impair the site or interfere with any other party’s use of the Website, including their ability to engage in real time activities through the website.
  • Use any robot, spider or other automatic device, process or means to access the website for any purpose, including monitoring or copying any of the material on the website.
  • Use any manual process to monitor or copy any of the material on the website or for any other unauthorized purpose without our prior written consent.
  • Use any device, software or routine that interferes with the proper working of the website.
  • Introduce any viruses, trojan horses, worms, logic bombs or other material which is malicious or technologically harmful.
  • Attempt to gain unauthorized access to, interfere with, damage or disrupt any parts of the Website, the server on which the website is stored, or any server, computer or database connected to the website.
  • Attack the website via a denial-of-service attack or a distributed denial-of-service attack.
  • Otherwise attempt to interfere with the proper working of the website.

Reliance on Information Posted

The information presented on or through the website is made available solely for general information purposes. We do not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Website, or by anyone who may be informed of any of its contents.

This website includes content provided by third parties, including materials provided by other users, bloggers and third-party licensors, syndicators, aggregators and/or reporting services. All statements and/or opinions expressed in these materials, and all articles and responses to questions and other content, other than the content provided by www.nowz.cloud are solely the opinions and the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of www.nowz.cloud. We are not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.

Changes to the website

We may update the content on this website from time to time, but its content is not necessarily complete or up-to-date. Any of the material on the website may be out of date at any given time, and we are under no obligation to update such material.

Information About You and Your Visits to the website

All information we collect on this website is subject to our Privacy Policy. By using the Website, you consent to all actions taken by us with respect to your information in compliance with the Privacy Policy.

Online Purchases and Other Terms and Conditions

Additional terms and conditions may also apply to specific portions, services or features of the Website, including the registration and sponsorship for conference events. All such additional terms and conditions are hereby incorporated by this reference into these Terms of Use. In the event of terms that are directly conflicting between these Terms of Use and terms of conditions for the registration or sponsorship of a conference event, the terms and conditions for the event shall control.

Linking to the website and Social Media Features

You may link to our homepage, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval or endorsement on our part without our express written consent.

Links from the website

If the website contains links to other sites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third party website linked to this Website, you do so entirely at your own risk and subject to the terms and conditions of use for such website. We reserve the right to withdraw linking permission without notice.

Geographic Restrictions

The owner of the website is based in EU. We make no claims that the website or any of its content is accessible or appropriate outside of the EU. Access to the website is not authorized for US citizens and US residents and may not be legal by certain persons or in certain countries. If you access the website from outside of EU, you do so on your own initiative and are responsible for compliance with local laws.

Disclaimer of Warranties

You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the website will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our site for any reconstruction of any lost data. WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A DISTRIBUTED DENIAL-OF-SERVICE ATTACK, VIRUSES OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE website OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE website OR TO YOUR DOWNLOADING OF ANY MATERIAL POSTED ON IT, OR ON ANY website LINKED TO IT.

YOUR USE OF THE WEBSITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE website IS AT YOUR OWN RISK. THE WEBSITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE website ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER www.nowz.cloud NOR ANY PERSON ASSOCIATED WITH www.nowz.cloud MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY OR AVAILABILITY OF THE website. WITHOUT LIMITING THE FOREGOING, NEITHER www.nowz.cloud NOR ANYONE ASSOCIATED WITH www.nowz.cloud REPRESENTS OR WARRANTS THAT THE WEBSITE, ITS CONTENT OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE website WILL BE ACCURATE, RELIABLE, ERROR-FREE OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT OUR SITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS OR THAT THE website OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE website WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.

www.nowz.cloud HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR PARTICULAR PURPOSE.

SOME JURISDICTIONS DO NOT ALLOW EXCLUSION OF WARRIANTIES OR LIMITATIONS ON THE DURATION OF IMPLIED WARRANTIES, SO THE ABOVE DISCLAIMER MAY NOT APPLY TO YOU IN THEIR ENTIRETIES, BUT WILL APPLY TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW.

Limitation on Liability

IN NO EVENT WILL www.nowz.cloud, ITS AFFILIATES OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE WEBSITE, ANY website LINKED TO IT, ANY CONTENT ON THE website OR SUCH OTHER website OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE website OR SUCH OTHER website, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT OR OTHERWISE, EVEN IF FORESEEABLE. THE FOREGOING DOES NOT AFFECT ANY LIABILITY WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW WHICH MAY INCLUDE FRAUD.

Indemnification

You agree to defend, indemnify and hold harmless www.nowz.cloud, its affiliates, licensors and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses or fees (including reasonable attorneys’ fees) arising out of or relating to your violation of these Terms of Use or your use of the Website, including, but not limited to, any use of the Website’s content, services and products other than as expressly authorized in these Terms of Use or your use of any information obtained from the website.

Governing Law and Jurisdiction

All matters relating to the website and these Terms of Use and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the internal laws of Luxembourg without giving effect to any choice or conflict of law provision or rule (whether of Luxembourg or any other jurisdiction).

Any legal suit, action or proceeding arising out of, or related to, these Terms of Use or the website shall be instituted exclusively in Luxembourg although we retain the right to bring any suit, action or proceeding against you for breach of these Terms of Use in your country of residence or any other relevant country. You waive any and all objections to the exercise of jurisdiction over you by such courts and to venue in such courts.

Waiver and Severability

No waiver of by www.nowz.cloud of any term or condition set forth in these Terms of Use shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of www.nowz.cloud to assert a right or provision under these Terms of Use shall not constitute a waiver of such right or provision.

If any provision of these Terms of Use is held by a court or other tribunal of competent jurisdiction to be invalid, illegal or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Terms of Use will continue in full force and effect.

Entire Agreement

The Terms of Use, our Privacy Policy and terms of conditions for the registration of events constitute the sole and entire agreement between you and www.nowz.cloud with respect to the website and supersede all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to the website.

Your Comments and Concerns

This website is operated by www.nowz.cloud.

WARNINGS

  • Be wary of blackmail attempts in which strangers threaten you in exchange for NOWZ as a means of extortion. One common execution of this method is by email, where-in the sender transmits a message claiming that he/she has hacked into your computer and is operating it via remote desktop protocol (RDP). The sender says that a key logger has been installed and that your web cam was used to record you doing something you may not want others to know about. The sender provides two options – send NOWZ to suppress the material, or send nothing and see the content sent to your email contacts and spread across your social networks. Scammers use stolen email lists and other leaked user information to run this scheme across thousands of people en masse.
  • Be sure to use a REPUTABLE EXCHANGE when buying or selling NOWZ.Due to the viral nature of how information spreads across on the internet, scammers seek to take advantage of people by offering free giveaways of NOWZ or other digital currencies in exchange for sending a small amount to register, or by providing some personal information. When you see this on a website or social network, it’s best to immediately report the content as fraudulent, so that others don’t fall victim. Unfortunately it’s very easy for con-artists to create social media accounts and impersonate people. Often times they lie in wait, until the person they’re trying to impersonate publishes content. The impersonator then replies to it with a follow-up message or call to action – like a free giveaway – using an account that looks almost identical to the original poster or author. This makes it seem like the original person is saying it. Alternatively, impersonators may also try to use these same fake accounts to trick others via private or direct message into taking some kind of action in an attempt to defraud or compromise.
  • Never participate in free giveaways, and if you receive an odd request via someone in your network, it’s best to double check to confirm the authenticity via multiple mediums of communication. Hackers have become very creative at finding ways to steal from people. When sending NOWZ, always be sure to double or triple check the address you’re sending to. Some malware programs, once installed, will change NOWZ addresses when they’re pasted from a user’s clipboard, so that all of the NOWZ unknowingly gets sent to the hacker’s address instead. Since there is little chance of reversing a NOWZ transaction once it’s confirmed by the network, noticing this after the fact means it’s too late and most likely can’t be recovered. It’s a good idea to be super-cautious about what programs you allow to have administrator access on your devices. An up-to-date, reputable virus scanner can also help but is not foolproof. When buying or selling NOWZ locally, a counterparty may ask you to meet in person to conduct the exchange. If it isn’t a trusted party that you already know, this is a very risky proposition that could result in you getting robbed or injured.
  • Con-artists have also been known to exchange counterfeit fiat currency in exchange for NOWZ. Consider using a peer-to-peer platform to escrow the funds in place of meeting in person. Do not reply to emails or inbound communications from strangers telling you they need help moving some money, whereafter in exchange for your services, you’ll get a portion of the funds. Beware of emails purported to be from services you use soliciting you for action, such as resetting your password, or clicking through to provide some sort of interaction with regard to your account. It can be very difficult to spot the difference in a fake email that’s trying to entice you to compromise your account, and a legitimate one sent on behalf of a product or service that you use. When in doubt, considering triple-checking the authenticity of the communication by forwarding it to the company, using the contact email address on their website, calling them on the telephone, and/or reaching out to them via their official social media accounts.
  • Phishing website often go hand-in-hand with phishing emails. Phishing emails can link to a replica website designed to steal login credentials or prompt one to install malware. Do not install software or log in to a website unless you are 100% sure it isn’t a fake one. Phishing website may also appear as sponsored results on search engines or in app marketplaces used by mobile devices. Be wary that you aren’t downloading a fake app or clicking a sponsored link to a fake website.
  • Do not participate in offerings where one or more people offer you a guaranteed return in exchange for an upfront deposit. This is known as a ponzi scheme, where-in future depositors’ principals are used to pay previous investors. The end result is usually a lot of people losing a lot of money. A pyramid scheme promises returns to participants based on the number of people they invite to join. This enables the scheme to grow virally and rapidly, however, it most often doesn’t result in any kind of meaningful return for the members and/or those invited who also joined. Never invite your personal network under the sole goal of accumulating rewards or returns from a product or service, and do not contribute your own capital at the behest of others to accelerate the process.
  • Similarly to free giveaways, prize giveaway scams trick people into taking action or supplying information about themselves. For example, supplying a name, address, email and phone number in order to claim a prize. This can allow a hacker to attempt to use the information to gain access to accounts by impersonating you.
  • Do not trust people who entice you or others to invest because they claim that they know what the NOWZ price is going to be. In a pump and dump scheme, a person (or persons) try to artificially drive up or pump the price so that they can dump their holdings for a profit. This is a type of malware that partially or completely blocks access to a device unless you pay a ransom in NOWZ. It’s best to consult the advice of a trusted computer professional for removal assistance, rather than paying the ransom.
  • Be careful about what programs you install on your devices, especially those that request administrator access. Also be sure to double-check that the application you are downloading isn’t a fake one that’s impersonating a legitimate one you’ve used in the past.Be careful when investing in alternative coins (altcoins).
  • Amongst altcoins there may be scam coins, enticing users to invest via private sales, or with presale discounts. Scam coins may feature a flashy website and/or boast a large community to create a fear of missing out effect on people who discover it. This helps early holders pump up the price so that they can dump and exit their positions for a profit. Scam coins without large communities may do airdrops – offering free coins (or tokens) to people in exchange for joining their communities. This enables scam coins to present their initiatives with inflated traction metrics to make investors feel like they’re missing out when it comes time for them to decide if they’d like to buy-in. Scam coins may also use the word NOWZ in them in an effort to trick or mislead people into thinking there is a legitimate relationship.
  • Before using www.nowz.cloud and/or NOWZ you must agree and confirm that any investment in cryptocurrency involves a certain level of risk, and you should always do your own research and consult with a professional financial advisor before investing.
  • Regarding the www.nowz.cloud BRC20 utility token (NOWZ) specifically, it’s important to carefully read and understand the project’s whitepaper, as well as any other relevant information, such as the project’s website and social media channels. Make sure you understand the purpose of the token and how it will be used within the project’s ecosystem.
  • It’s also important to be aware of any potential risks or limitations associated with the use of the token, such as regulatory issues or technical vulnerabilities. Make sure you fully understand the terms and conditions associated with the token, including any restrictions on transferability or use. In summary, before investing in the www.nowz.cloud BRC20 utility token (NOWZ), make sure you have a thorough understanding of the project and the associated risks, and always seek professional advice.
  • It’s important to note that the legal status of utility tokens may vary depending on the jurisdiction, and you should always consult with a licensed attorney before investing or using utility tokens.
  • In general, utility tokens are designed to provide access to a particular product or service within a blockchain-based ecosystem. They are not intended to be used as a form of investment or security, and they may not be subject to the same regulatory requirements as traditional securities. However, the legal status of utility tokens can be complex and may be subject to change as laws and regulations evolve. Some jurisdictions may classify certain utility tokens as securities, which can have implications for the issuance and trading of the tokens.
  • It’s also important to be aware of any potential risks or limitations associated with the use of utility tokens, such as technical vulnerabilities, regulatory issues, or the potential for fraudulent activities. In summary, before investing or using any utility token, it’s essential to seek professional legal advice and to carefully research the token’s legal status, associated risks, and potential benefits.
  • It’s important to understand that investing in cryptocurrency involves significant risks, and you should always do your own research and seek professional advice before investing.
  • Cryptocurrency is a relatively new and rapidly evolving asset class, and it is subject to high volatility, market manipulation, and regulatory uncertainty. The value of cryptocurrencies can fluctuate widely and can be affected by a variety of factors, including market conditions, technological developments, and government regulations.
  • Additionally, cryptocurrency exchanges and wallets may be subject to hacking or other security breaches, which can result in the loss of your investment.
  • Before investing in cryptocurrency, you should carefully research the specific cryptocurrency, its underlying technology, and its associated risks. You should also consider your personal financial situation and investment goals, and consult with a licensed financial advisor or other professional if necessary. In summary, while cryptocurrency can offer exciting investment opportunities, it’s important to proceed with caution and to fully understand the risks involved before investing.

User eligibility

  • Users must be of 18 years old, in order to use NOWZ
  • Users must reside in a country or state which has not banned : crypto currencies and/or cryptoassets holding, trading and/or investments.
  • Users will required to provide identification documents, such as a passport or driver’s license, in order to verify their identity and eligibility to use NOWZ.
  • Users will be required to comply with certain laws or regulations, such as anti-money laundering or know-your-customer requirements, in order to use NOWZ.

Failure to meet the eligibility requirements would result in your account being suspended or terminated. If you have any questions or concerns about the eligibility criteria, it’s recommended that you seek legal or professional advice.

Ownership and use of NOWZ:

  • NOWZ is owned by the individuals or entities that hold the private keys to the wallet in which NOWZ is stored.
  • Users who hold or use NOWZ do not own the underlying technology or infrastructure used to create or support NOWZ.
  • Users who hold or use NOWZ do not have any ownership rights or interests in the company or organization that created or supports NOWZ.

User Rights and Responsibilities.

  • Users who hold or use NOWZ have the right to transfer NOWZ to other users who hold compatible wallets.
  • Users who hold or use NOWZ have the responsibility to ensure that their private keys are secure and that they do not share them with unauthorized users.
  • Users who hold or use NOWZ have the responsibility to comply with all applicable laws and regulations related to the use of NOWZ, including anti-money laundering and know-your-customer requirements.
  • Users who hold or use NOWZ understand and acknowledge that the value of NOWZ can fluctuate widely and that there is no guarantee that NOWZ will retain its value or appreciate in the future.
  • Users who hold or use NOWZ understand and acknowledge that NOWZ may be subject to high volatility, market manipulation, and regulatory uncertainty.
  • Users who hold or use NOWZ understand and acknowledge that NOWZ may be subject to hacking or other security breaches, and that the company or organization that created or supports NOWZ is not responsible for any losses resulting from such breaches.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to seek legal or professional advice if you have any questions or concerns about your rights and responsibilities as a user.

Security (organization’s duties)

The company or organization that provide, support and manage the Blockchain on which is deployed NOWZ shall :

  • implement reasonable security measures to protect the cryptocurrency and its users from hacking, theft, and other security breaches,
  • conduct regular security audits and take appropriate measures to address any identified vulnerabilities,
  • maintain backup copies of the cryptocurrency to ensure that users’ funds are protected in the event of a security breach.

Users responsibilities and acknowledment

Users have the responsibility to :

  • maintain the security of their own accounts and information, including keeping their passwords and private keys confidential and secure,
  • report any suspected security breaches or unauthorized access to their accounts to the company or organization as soon as possible,
  • use secure devices and networks when accessing their cryptocurrency accounts, and to ensure that their devices and networks are protected by up-to-date antivirus and anti-malware software,
  • comply with all security protocols and requirements established by the company or organization, including two-factor authentication and other security measures.

Users understand and acknowledge that :

  • the company or organization is not responsible for any losses resulting from unauthorized access to their accounts or from their failure to comply with established security protocols,
  • it’s important to carefully review the terms of use of NOWZ before using it, and to take appropriate measures to protect your own accounts and information, such as using strong passwords and enabling two-factor authentication. If you have any questions or concerns about security measures or your responsibilities as a user, it’s recommended that you seek legal or professional advice.

Restrictions on use

  • Users may only use NOWZ for lawful purposes and in compliance with all applicable laws and regulations.
  • Users may not transfer or sell NOWZ to any person or entity who is not eligible to use NOWZ, as determined by the company or organization that created or supports NOWZ.
  • Users may not use NOWZ to facilitate any illegal activities, including money laundering, terrorist financing, or other criminal activities.
  • Users may not engage in any activities that could undermine the security or stability of NOWZ, including hacking, network attacks, or other malicious activities.
  • Users understand and acknowledge that the company or organization that created or supports NOWZ reserves the right to impose limitations or restrictions on the use of NOWZ, including restrictions on transferring or selling NOWZ, in order to comply with applicable laws and regulations or to protect the security and stability of NOWZ.
  • Users understand and acknowledge that the company or organization may suspend or terminate their access to NOWZ at any time and for any reason, including if they violate these terms of use or engage in any activities that could harm the reputation or integrity of NOWZ.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to comply with all applicable limitations and restrictions. If you have any questions or concerns about the limitations or restrictions on the use of NOWZ, it’s recommended that you seek legal or professional advice.

Intellectual property

  • All intellectual property associated with NOWZ, including trademarks, logos, and copyrights, are owned by the company or organization that created or supports NOWZ.
  • Users may not use any intellectual property associated with NOWZ without the prior written consent of the company or organization.
  • Users understand and acknowledge that any unauthorized use of the intellectual property associated with NOWZ may result in legal action, including injunctions, damages, and attorneys’ fees.
  • Users may not create any derivative works based on NOWZ or any intellectual property associated with NOWZ without the prior written consent of the company or organization.
  • Users may not engage in any activities that could harm the reputation or goodwill associated with NOWZ, including using the intellectual property associated with NOWZ in a manner that is misleading or deceptive.
  • Users understand and acknowledge that any feedback or suggestions provided to the company or organization regarding NOWZ may be used by the company or organization in its sole discretion, and that users have no rights or claims to any intellectual property associated with NOWZ based on their feedback or suggestions.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to comply with all applicable intellectual property laws and regulations. If you have any questions or concerns about intellectual property issues associated with NOWZ, it’s recommended that you seek legal or professional advice.

Termination or suspension of use

  • The company or organization that created or supports NOWZ may terminate or suspend a user’s access to NOWZ at any time and for any reason, including if the user violates these terms of use, engages in any activities that could harm the reputation or integrity of NOWZ, or if required to do so by applicable laws or regulations.
  • The company or organization will use commercially reasonable efforts to provide notice to the user prior to terminating or suspending their access to NOWZ, except in cases where immediate action is necessary to protect the security or stability of NOWZ.
  • In the event that a user’s access to NOWZ is terminated or suspended, the user will no longer be able to access or use NOWZ or any related services or products.
  • The user may be required to take certain actions, such as returning any cryptocurrency or related products or services in their possession, as a condition of their termination or suspension.
  • The user may also be required to cooperate with any investigations or legal proceedings related to their use of NOWZ, including providing information and documents as requested by the company or organization.
  • The user acknowledges that any termination or suspension of their access to NOWZ does not relieve them of their obligations under these terms of use, including any liabilities or obligations that may have arisen prior to the termination or suspension.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to comply with all applicable terms and conditions. If you have any questions or concerns about the termination or suspension of your access to NOWZ, it’s recommended that you seek legal or professional advice.

Dispute resolution

  • Any disputes or claims related to NOWZ or these terms of use will be resolved through binding arbitration in accordance with the rules and procedures of the Luxembourg Arbitration Association, unless the parties mutually agree otherwise. The arbitration will be conducted by a single arbitrator who is mutually agreed upon by the parties, and the decision of the arbitrator will be final and binding on both parties. The arbitration will be held in the state or country where the company or organization that created or supports NOWZ is located, or in another location agreed upon by the parties. The parties will each bear their own costs and expenses associated with the arbitration, except that the prevailing party may be entitled to recover its costs and attorneys’ fees.
  • Nothing in these terms of use will prevent either party from seeking injunctive relief or other equitable remedies from a court of competent jurisdiction.
  • Any disputes or claims related to NOWZ or these terms of use must be brought within one year of the date on which the dispute or claim arises, or they will be forever barred.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to comply with all applicable dispute resolution procedures. If you have any questions or concerns about the dispute resolution procedures associated with NOWZ, it’s recommended that you seek legal or professional advice.

It’s important to carefully review the terms of use for any cryptocurrency before using it, and to seek legal advice if you have any questions or concerns

Seize the Moment with Digital Currency

© 2023 NOWZ | All rights reserved

You cannot copy content of this page

Scroll to Top

SUBSCRIBE TO
OUR NEWSLETTER

Get latest updates on cryptocurrency