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SwapBela Terms of Use

These terms of use (“Terms”) are effective on March 28th, 2018 for the SwapBela Web Application (“Application”) to migrate from the old Bela blockchain (“POW Bela”) to the new Bela token on Ethereum (“ERC20 Bela”). By consenting to these Terms and engaging with the Application, you agree to be bound by these Terms. These Terms affect your legal rights and obligations. If you do not agree to be bound by all of these Terms, do not interact with the Application.

By consenting to these Terms you agree to the following:

  1. You will not create requests to receive ERC20 Bela if you do not currently have POW Bela. We cannot accept any other forms of tenure in exchange for ERC20 Bela.
  2. You will not use an automated device (e.g. bot, script, etc.) or other unauthorized means to create aberrant requests for ERC20 Bela within the Application
  3. You will not attempt to change, modify, adapt, attack, hack, spam or otherwise alter the Application by use of means including but not limited to DDOS attack, transmission of spyware, malware, worms, viruses, and all other forms of malicious activity available to disrupt the stability of the Application.
  4. You will not mine, phish, solicit or otherwise obtain/use the credentials and other information of other users who interact with the Application. If you do participate in any of the above attacks or any other kind of hacking/injecting, you will be prosecuted to the full extent under the law  
  5. You will comply with all policy and regulations (for example, federal, provincial, local) applicable to your use of the Application
  6. You agree to refrain from changing or founding another website so as to impersonate SwapBela
  7. You will not encourage other users to break these Terms
  8. You agree to first consult the Live Bela team for any questions or concerns pertaining to the Application
  9. You agree to allow the Live Bela team 24 hours after your POW Bela transaction is confirmed to initiate your ERC20 Bela transaction without contacting us. This process will take a little time, but everyone will receive their ERC20 Bela in a timely manner.

Indemnification

You or your representative third-party agree to indemnify and hold Live Bela LLC safe and free-of-harm from any expenses, losses or damages. This includes without limitation, all legal fees and attorney rates from damages affiliated with any or all of the following:

  1. POW Bela being delisted from exchanges and subsequently decreasing in value
  2. Lack of access to new ERC20 Bela exchange listings because of geographic location or other limitations not related to the Live Bela team
  3. Sending POW Bela to an ERC20 Bela address, or vice versa—these coins will be gone. ERC20 Bela will only be compatible with Ethereum wallets. If the address doesn’t start with “0x,” do not send ERC20 Bela to it
  4. Sending POW Bela to an address that does not belong to the Live Bela team. Or, sending ERC20 Bela to an address that does not belong to you. Double and triple check your SwapBela request summary for accuracy at the end of the process before you submit

Arbitration and Time Limitations

By agreeing to the Terms of the SwapBela Web Application, you waive the right to filing or participating in a class-action lawsuit against Live Bela LLC, Belacam LLC or The Ambia Fund LLC. You agree to settle all legal disputes via individual arbitration between Live Bela LLC and the user. You may bring claims only on your own behalf. You will not participate in any class-action arbitration claims. You also agree not to participate in claims brought in a private attorney general or representative capacity, or consolidated claims involving another person's account, if Live Bela LLC is a party to the proceeding. All claims must be brought to Live Bela LLC within ninety (90) days of the original incident or conflict. After this time has passed, all individual arbitration claims are permanently barred and void.

These Terms of Use are drafted in accordance with the laws of the State of Delaware.


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