- Disclaimers
- Forward-Looking Statements
- No Offer of Securities or Registration
- Risk Warning
- Service Availability, Quality, Restrictions and Disclaimers
- Age Requirements
- User Accounts
- Use of Ringfence Website
- Purchase, Billing and Blockchain Transactions
- Intellectual Property
- Community Guidelines
- Terms and Privacy
- Assumption of Risks
- Limitations of Liability and Indemnity
- Arbitration and Class Action Waiver
- Miscellaneous
- Changes to this Policy
- Contact Us
These Terms and Conditions (“T&CS”, “Document”) govern the relationship between Ringfence AI (“Ringfence”, “Ringfence AI”, “Company” “We”, “Our”, “Company”) and the entity or person (“Customer”, “User”, “You”, “Your”) using or accessing our services, applications or platform through our website www.ringfence.ai (the “Site’), through any of our Discord servers, or by any other means (together, the “Services”). This Document forms a single binding agreement (the “Agreement”) between Ringfence and the Customer. (each a “Party”, collectively “Parties”)
This Agreement is effective when the Customer is presented with this Agreement and proceeds to use or access the Services (the “Effective Date”) of Ringfence AI. This agreement may be updated and presented again to the Customer from time to time. Continued use of the Services constitutes acceptance of the updated T&CS. If you do not agree to this Agreement, please stop using or accessing the Ringfence AI website and its Services.
Ringfence reserves the right, but is in no way obliged, to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide you with access to the amended information or to notify you thereof. The information contained in this Document as of even date supersedes any prior Document or conversation concerning the same, similar or related information. Any information, representations or statements not contained herein shall not be relied upon for any purpose. Neither Ringfence nor any of its representatives shall have any liability whatsoever (whether under contract, tort, trust or otherwise and whether in respect to direct, indirect, special, punitive, consequential losses or damages) to you or any person resulting from the use of or reliance on the information in this Document by you or any of your representatives or for omissions from the information in this Document. Additionally, Ringfence undertakes no obligation to comment on the expectations of or statements made by, third parties in respect of the matters discussed in this Document.
The statements referenced (linked to this document) may contain forward-looking statements relating to Ringfence, its products, tokens (fungible and non-fungible), and other instruments and the projects it supports. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Ringfence prospects, future developments, trends and conditions in the markets in which Ringfence operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates.
When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to Ringfence, are intended to identify forward-looking statements. These forward-looking statements reflect Ringfence views at the time such statements were made with respect to future events and are not a guarantee of future performance or developments. You are strongly discouraged to rely on any forward-looking statements that involves known and unknown risks and uncertainties, including but not limited to any changes in the laws, rules and regulations. Ringfence does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Ringfence expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements and Ringfence shall not be liable for any losses or damages incurred as a result of reliance on forward-looking statements (i.e. DYOR).
The rNFT tokens and any tokens (fungible and non-fungible), and other instruments so referenced in the statements are not intended to constitute, and shall not constitute, shares or securities in any jurisdiction. THEY ARE MERELY A MEANS BY WHICH USERS MAY BE ABLE TO UTILISE CERTAIN SERVICES ON A PLATFORM THAT IS BEING DEVELOPED. THERE IS NO GUARANTEE THAT THE SERVICES WILL BE DEVELOPED OR FUNCTION AS CLAIMED.
The statements above do not constitute a prospectus or offer document of any sort and are not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. No person is bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of all or any part of the statements.
Ringfence does not provide any opinion or any advice to purchase, sell, or otherwise transact with tokens and the presentation, publication or communication of all or any part of the statements above shall not form the basis of, or be relied upon in connection with, any contract or investment decision.
Users of the website, platform and purchases of tokens (fungible and non-fungible), and other instruments acknowledge that Cryptocurrency products and tokens (fungible and non-fungible), and other instruments are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Ringfence does not represent that any cryptocurrencies and/or any tokens (fungible and non-fungible), and other instruments be bought, sold, or held by you. You agree that you shall conduct your own due diligence and consult your financial and/or legal advisor before making any investment decisions.
Purchasing any cryptocurrency, any tokens (fungible and non-fungible), and other instruments so referenced in the statements involve significant risks and can result in the complete loss of your capital. You should ensure that you fully understand the risks involved. Before purchasing any tokens (fungible and non-fungible) , please consider your level of experience, objectives, and risk tolerance, and seek independent financial, legal and tax advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Ringfence based on the legal and regulatory requirements of your country of residence and/or applicable jurisdiction(s).
No Guarantee of Ownership or Legal Validity: While Esher’s platform provides tools for artists to create original content and facilitates the validation and certification of that content through Ringfence’s infrastructure, Esher does not guarantee the legal ownership, enforceability, or validity of the creative assets or their associated non-fungible tokens (“NFTs”). Certification by Ringfence does not ensure that an asset is free from intellectual property disputes or that the certification is legally recognized in all jurisdictions.
Intellectual Property Rights and Responsibilities: Artists using the Esher platform are solely responsible for ensuring that the content they create does not infringe upon the intellectual property rights of others. Esher does not verify or guarantee that content created by artists is original or free from infringement claims. Artists are encouraged to consult legal counsel before uploading or minting content as NFTs to ensure compliance with intellectual property laws. Esher will not be liable for any claims, disputes, or legal actions related to intellectual property rights or copyright infringements.
Platform and Service Availability: Esher relies on its underlying infrastructure, provided by Ringfence, to validate and certify NFTs. There is no guarantee that Esher or Ringfence’s services will be continuously available or free from interruptions. Technical issues, including but not limited to blockchain network failures, system malfunctions, or third-party service disruptions, may result in delays, lost content, or certification failures. Esher is not responsible for any losses or damages arising from service unavailability or technical failures.
Risks of Blockchain and NFTs: Esher utilizes blockchain technology through Ringfence, which is subject to inherent risks including, but not limited to, potential hacking, fraud, smart contract vulnerabilities, and blockchain protocol failures. Users should be aware that blockchain-based NFTs are a new and evolving technology, and Esher cannot guarantee the security, longevity, or continued functionality of any NFTs created or certified through its platform.
Legal and Regulatory Compliance: The use of NFTs, blockchain technology, and digital assets is subject to rapidly changing legal and regulatory environments across different jurisdictions. Esher makes no representations regarding the legal status of NFTs created on its platform under any applicable laws, including securities, tax, or intellectual property laws. It is the sole responsibility of users to ensure that their activities comply with the legal and regulatory requirements of their jurisdiction. Esher shall not be held liable for any regulatory or legal consequences arising from the use of its platform.
User Responsibility for Tax Obligations: Users acknowledge that transactions involving NFTs may have tax implications, including income, sales, and capital gains taxes. Esher does not provide tax advice or guidance and will not be held responsible for any tax liabilities resulting from the creation, sale, or transfer of NFTs. Users are advised to seek professional tax advice to understand their obligations.
The Services are subject to modification and change, including but not limited to the art style, the algorithms used, and features available to the Customer. No guarantees are made with respect to the Services’ quality, stability, uptime or reliability. Both the Services and the images and other assets which you might generate with the Service (the “Assets”) are provided to the Customer on an “AS IS” and “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, WHETHER EXPRESS OR IMPLIED, OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR NON-INFRINGEMENT. Ringfence makes no warranty or representation and disclaims all responsibilities and liabilities for the completeness, accuracy, availability, timeliness, security or reliability of the Service, any harm to your computer or mobile device system, loss of data, or other harm that results from your access to or use of the services provide by Ringfence, the operation or compatibility of Ringfence with any particular system or device, whether the Functionality will meet your requirements or be available on an uninterrupted, secure or error-free basis, and the deletion of, or the failure to store or transmit your content and other communications maintained by Ringfence. No advice or information, whether oral or written, obtained from Ringfence will create any warranty or representation not expressly made herein.
The AI-generated content may contain inaccuracies or be incomplete. Ringfence makes no representations or warranties regarding the accuracy, reliability, or completeness of the content.
The use of blockchain technology involves risks, including the risk of loss of digital assets. You agree that you are fully responsible for any losses or damages arising from your use of the blockchain.
Ringfence may be restricted from providing Services, node sales, token rewards (fungible and non-fungible), to users due to regulatory compliance under the laws and regulations of the applicable jurisdictions. Ringfence reserves the right to refuse or terminate services to any user if it deems necessary to comply with regulatory restrictions. Residents of the applicable sanction countries are not permitted to use this platform. Ringfence, its affiliates and its associates are not responsible for any financial, legal or regulatory repercussions incurred due to the non-compliant behaviour of users.
Ringfence reserves the right to suspend or ban Your access to the Services at any time, and for any reason. You may not access or use the Services for purposes of developing or offering competitive products or services. You may not reverse engineer the Services or the Assets.You may not resell or redistribute the Services or access to the Service. Only one user may use the Services per registered account. Each user of the Services may only have one account.
We reserve the right to investigate complaints or reported violations of this Agreement and to take any action we deem appropriate including but not limited to reporting any suspected unlawful activity to law enforcement officials, regulators, or other third parties and disclosing any information necessary or appropriate to such persons or entities relating to user profiles, e-mail addresses, usage history, posted materials, IP addresses and traffic information.
WE TAKE NO RESPONSIBILITY AND ASSUME NO LIABILITY FOR ANY CONTENT THAT YOU, ANOTHER USER, OR A THIRD PARTY CREATES, UPLOADS, POSTS, SENDS, RECEIVES, OR STORES USING THE FUNCTIONALITY.
YOU UNDERSTAND AND AGREE THAT YOU MAY BE EXPOSED TO CONTENT THAT MIGHT BE OFFENSIVE, ILLEGAL, MISLEADING, OR OTHERWISE INAPPROPRIATE, NONE OF WHICH WE WILL BE RESPONSIBLE FOR.
By accessing the Ringfence website and its services, You confirm that You are at least 13 years of age and meet the minimum age of digital consent in Your country. If You are old enough to access the Services in Your country, but not old enough to have authority to consent to our terms, Your parent or guardian must agree to our terms on Your behalf.
Please ask Your parent or guardian to read these terms with You. If You are a parent or legal guardian, and You allow Your teenager to use the Services, then these terms also apply to You and You are responsible for Your teenager’s activity on the Services.
Ringfence tries to make its Services PG-13 and family friendly, but the Assets are generated by an artificial intelligence system based on user queries. This is new technology and it does not always work as expected. No guarantees are made as to the suitability of the Assets for the Customer.
Account Creation: To access certain features of the Website, you must create an account. You agree to provide accurate, current, and complete information during the registration process.
Account Security: You are responsible for maintaining the confidentiality of your account information, including your password. You agree to notify us immediately of any unauthorized use of your account.
Blockchain Wallet: To engage in transactions on the Website, you must connect a blockchain wallet. You are solely responsible for the security of your wallet and the private keys associated with it.
Permitted Use: You may use the Website and its services for lawful purposes only. You agree not to engage in any activity that could harm the Website or its users.
Prohibited Conduct: You may not use the Website to create, share, or distribute content that is illegal, offensive, defamatory, or infringes on the rights of others.
AI-Generated Content: By using our generative AI tools, you acknowledge that the content created may be partially or wholly AI-generated. You are responsible for ensuring that the content complies with all applicable laws and these Terms.
We may invoice You for Your use of the Services through a third party payment service provider. The third party service provider’s terms of service shall govern and supersede this Agreement in case of conflict, solely with respect to payment processing.
You are free to cancel Your plan at any time. We also reserve the right to terminate Your access to the Service for any reason, including for violation of the Community Guidelines or other inappropriate use of the Service. Any violation of Community Guidelines is a breach of this Agreement. You will not be refunded for the current subscription period, but You will not be charged after the current subscription period has ended.
Transactions conducted on Ringfence’s website and via the blockchain are irreversible. Once a transaction is confirmed, it cannot be undone.
You are responsible for any fees associated with any blockchain transactions, including gas fees.
Ownership of digital assets generated or acquired through the Website is recorded on the blockchain. You acknowledge that ownership is tied to the blockchain address associated with your wallet.
Ownership of Uploaded and Generated Content: Any content uploaded by you or created by you through our services shall remain your sole property
Website Content: All content on this website, with the exception of user-uploaded and user-generated content, is the exclusive property of www.ringfence.ai or its licensors and is protected under applicable copyright, trademark, and other intellectual property laws.
- Do not create images, use text prompts, or submit content that are inherently disrespectful, aggressive, hateful, or otherwise abusive. Violence or harassment of any kind will not be tolerated.
- No adult content or gore. Please avoid making visually shocking or disturbing content. We will block some text inputs automatically.
- Respect others’ creations. Do not distribute or publicly repost the creations of others without their permission.
- You may not use the Services or the Assets to attempt to or to actually deceive or defraud anyone.
- You may not use the Services for illegal activity nor may you upload images to our servers that involve illegal activity, or where the uploading itself may be illegal.
- You may not intentionally mislead recipients of the Assets about their nature or source.
- Respect others’ rights. Do not upload others’ private information.
- Be careful about sharing, please consider how others might view Your content.
- Any violations of these rules may lead to bans from our services. Behave respectfully or lose Your rights to use the Service.
Ringfence AI is committed to protecting your privacy and providing transparency about how we collect, use, and share your information. This Privacy and Cookie Policy outlines our practices concerning the information we collect when you visit our website ringfence.ai. By accessing or using our Website, You agree to be subjected to the terms of this policy which are subjected to changes at any point of time without prior notice being given.
- Information We CollectWe may collect the following types of information when you visit our website:
- Personal InformationWe may collect information that identifies you personally, such as your name, email address, or other contact information when you voluntarily provide it.
- Non-Personal InformationWe may collect non-personal information such as your IP address, browser type, and the date and time of your visit.
- CookiesWe use cookies and similar technologies to enhance your user experience, You can manage your cookie preferences using your browser settings.
- How We Use Your InformationWe may use your information for the following purposes:
- To provide and personalize our services.
- To respond to your inquiries and provide customer support
- To analyse and improve our Website and Services.
- To comply with legal obligations.
- Disclosure of Your InformationWe will not sell, trade, or otherwise transfer your personal information to third parties without your consent, except for trusted third parties who assist us in operating our Website, conducting our business, or servicing you.
- Third-Party LinksOur Website may contain links to third-party websites. We have no control over these sites and are not responsible for their privacy practices. We encourage you to review the privacy policies of these websites.
- SecurityWe take reasonable precautions to protect your information from unauthorized access, disclosure, alteration, or destruction. However, no online transmission or electronic storage is 100% secure. While we strive to protect your personal information, we cannot guarantee its security.
- You acknowledge and agree that there are risks associated with purchasing and holding blockchain-based tokens and using blockchain technology. These include, but are not limited to, risk of losing access to tokens due to loss of private key(s), custodial error or purchaser error, risk of mining, minting or blockchain attacks, risk of hacking and security weaknesses, risk of unfavorable regulatory intervention in one or more jurisdictions, risk related to token taxation, risk of personal information disclosure, risk of uninsured losses, volatility risks, and unanticipated risks.
- You agree that rNFT Tokens are not to be used as a substitute for currency or medium of exchange, resale, or redistribution and that you are not acquiring any equity or other ownership or revenue sharing interest in the Company or its affiliates as a result of your acquisition of rNFT. You warrant and covenant that you will not portray rNFT as an opportunity to gain an economic benefit or profit, or as an investment or equity interest.
- We will use commercially reasonable efforts to deploy and secure any functional smart contracts in any underlying Tokens created directly by Ringfence. However, we will not be liable or responsible to You for any failure in the intended function of any smart contracts for any Tokens, or any bugs, viruses, exploits, logic gaps, or malicious code which may be incorporated into any such smart contracts, or which could be used to commit fraud or otherwise cause harm.
- Because many public blockchains are licensed under open source licenses, it is possible that the blockchain may fork, merge, transition from a testnet version into a mainnet version, or duplicate the original blockchain that initially recorded ownership of any Tokens by Ringfence. It is also possible for Your Tokens to be migrated to another blockchain. In such case, any rights granted under these Agreement and Document will only be granted to the lawful owners of suchTokens whose ownership is recorded on the mainnet version or migrated version of the blockchain that is generally recognized and predominantly supported in the blockchain industry as the legitimate successor of the original blockchain (as determined in our sole discretion).
To the fullest extent permitted by law, You understand and agree that we will not be liable to You or any third party for any and all loss of profits, use, goodwill, or data, or for any incidental, indirect, special, consequential, punitive or exemplary damages, however they arise and whether foreseeable or not.
Our aggregate liability under this Agreement will not exceed the amount You paid for the Services that gave rise to the claim during the 12 months before the claim. In no event shall Ringfence be liable for any claims arising more than 6 months after the cause of action accrued.
You are responsible for Your use of the service. You acknowledge and agree that if You cause harm to any third party or become involved in any dispute with a third party, You do so entirely at your own risk, and we shall bear no responsibility whatsoever in connection with such harm or dispute.
To the extent permitted by law, you agree to fully indemnify, defend, and hold us harmless, our affiliates, and our personnel, from and against any costs, losses, liabilities, and expenses (including attorneys’ fees) arising out of or relating to any third-party claims, actions, or demands arising from or related to your use of the Services and Assets or any violation of these Terms.
Each Party waives all its respective right(s) to have any and all disputes, claims, suits, actions, causes of action, demands or proceedings (collectively, “Disputes”) arising from or related to this Agreement resolved in a court, and waives all its respective right(s) to have any Disputes heard before a court. Instead, each Party shall arbitrate Disputes through binding arbitration (which is the referral of a Dispute to one or more persons charged with reviewing the Dispute and making a final and binding determination to resolve it instead of having the Dispute decided by a judge or jury in court). Any dispute, controversy, difference or claim arising out of or relating to this Agreement including the existence, validity, interpretation, performance, breach or termination thereof or any dispute regarding non-contractual obligations arising out of or relating to it shall be referred to and finally resolved by arbitration. The law of this arbitration clause shall be the law of the British Virgin Islands. The number of arbitrators shall be one. The arbitration proceedings shall be conducted in English.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE TO ONLY BRING DISPUTES IN AN INDIVIDUAL CAPACITY AND WILL NOT SEEK TO BRING, JOIN, OR PARTICIPATE IN ANY CLASS, COLLECTIVE, OR REPRESENTATIVE ACTION OR ANY OTHER ACTION WHERE ANOTHER INDIVIDUAL OR ENTITY ACTS IN A REPRESENTATIVE CAPACITY (E.G., PRIVATE ATTORNEY GENERAL ACTIONS).
- Force Majeure. The Company will have no liability for any failure or delay resulting from any condition beyond our reasonable control, including, without limitation, governmental action or acts of terrorism, earthquake, fire, flood, or other acts of God, labor conditions, power failures, equipment failures, and Internet or blockchain network disturbances.
- No Agency. This Agreement does not create any agency, partnership, or joint venture between the parties.
- Severability. If any part of this Agreement is invalid, illegal, or unenforceable, the rest of the Agreement will remain in effect.
- Third-Party Beneficiaries. The Company designates its affiliates as third-party beneficiaries having the right to enforce this Agreement. No other person will assert any rights as a third-party beneficiary hereunder.
- No Third-Party Beneficiaries.This Agreement and Document is not intended and shall not be construed to create any rights or remedies in any parties other than you and the Company and other Company affiliates, which each shall be a third-party beneficiary of the Agreement, and no other person shall assert any rights as a third-party beneficiary hereunder.
- Survival. If any provision of this Agreement is declared to be invalid, illegal, or unenforceable by a court of competent jurisdiction, then the validity, legality, and enforceability of the remaining provisions contained herein will not be affected thereby, and the remainder of the provisions of this Agreement will remain valid, legal, and enforceable to the fullest extent permitted by law
- Governing Law. This Agreement and any related Dispute will be solely and exclusively governed, construed, and enforced in accordance with the laws of the British Virgin Islands, without giving effect to conflict of law rules or principles that would cause the application of the laws of any other jurisdiction
We reserve the right to update any Policies in this Agreement and Document to reflect changes to our information practices. We encourage you to review this policy periodically
If you have any question or concerns regarding this Agreement and Document, please contact us at support@ringfence.ai
By using our Website, you consent to the practices described in this Agreement and Document.