Terms of Service

Last updated: 11 July 2024

The following Terms of Service ("Terms") govern Your access to and use of BLOM's staking services, provided through the Telegram mini app https://t.me/blomcryptobot (the "Service").

These Terms constitute a legally binding contract between You and BLOM company ("BLOM"). By using Our Service, You agree to adhere to these Terms.

1. DEFINITIONS

• BLOM: The company providing the staking services.
• Service: The staking service provided by BLOM through the Telegram mini app https://t.me/blomcryptobot.
• TON Coins: The cryptocurrency tokens that You stake using the Service.
• BUSD Coins: The cryptocurrency tokens that are rewarded to You for staking TON Coins.
• User: Any individual or entity using the Service.

2. SERVICES

BLOM provides a platform for Users to stake their TON Coins and receive BUSD Coin rewards in return. The Service is accessed via the Telegram mini app at https://t.me/blomcryptobot.

3. STAKING AND REWARDS

By staking TON Coins through Our Service, You agree to the following:

• Your staked TON Coins cannot be returned or withdrawn once they are staked.
• BLOM will reward You with BUSD Coins based on the terms of the staking agreement.
• BLOM reserves the right to refuse or withhold rewards without providing any explanation.

4. ELIGIBILITY AND USAGE

• You must be at least 18 years old to use the Service.
• You are responsible for ensuring that Your use of the Service complies with all applicable laws and regulations.
• BLOM reserves the right to terminate or suspend Your access to the Service if You violate any of these Terms.

5. FEES AND CHARGES

• There are no fees for staking TON Coins using the Service.
• Any applicable transaction fees related to the blockchain network are Your responsibility.

6. DISCLAIMER OF WARRANTIES

The Service is provided "AS IS" and "AS AVAILABLE" without any warranties of any kind. BLOM disclaims all warranties, whether express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose.

7. LIMITATION OF LIABILITY

To the extent permitted by applicable law, BLOM shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from:

• Your use of or inability to use the Service;
• Any unauthorized access to or use of Our servers and/or any personal information stored therein;
• Any interruption or cessation of transmission to or from the Service;
• Any bugs, viruses, trojan horses, or the like that may be transmitted to or through Our Service by any third party;
• Any errors or omissions in any content or for any loss or damage incurred as a result of the use of any content posted, emailed, transmitted, or otherwise made available through the Service.

In no event shall BLOM's aggregate liability exceed the amount You paid BLOM for the Service.

8. INDEMNIFICATION

You agree to indemnify and hold harmless BLOM, its affiliates, and their respective officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including without limitation reasonable legal and accounting fees, arising out of or in any way connected with Your access to or use of the Service, or Your violation of these Terms.

9. MODIFICATIONS TO THE SERVICE

BLOM reserves the right to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. You agree that BLOM shall not be liable to You or to any third party for any modification, suspension, or discontinuance of the Service.

10. TERMINATION

BLOM may terminate or suspend Your access to the Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if You breach these Terms. Upon termination, Your right to use the Service will immediately cease.

11. GOVERNING LAW

These Terms shall be governed and construed in accordance with the laws of England and Wales, without regard to its conflict of law provisions.

12. DISPUTE RESOLUTION

Any disputes arising under or in connection with these Terms shall be resolved through binding arbitration administered by the London Court of International Arbitration (LCIA) under the LCIA Arbitration Rules.

13. ENTIRE AGREEMENT

These Terms constitute the entire agreement between You and BLOM regarding the use of the Service, superseding any prior agreements between You and BLOM.

By using the Service, You acknowledge that You have read, understood, and agree to be bound by these Terms.