TERMS AND CONDITIONS

Index Riders is a community game owned in whole by TRADE THE FUTURE HOLDING LTD was incorporated under the International Business Companies Act of 1994 of the Republic of Seychelles with a company certificate number of 204945.

 

DEFINITIONS

Member – any current registered user of Index Riders.

Website – any written material, databases, software, images or other material subjected to the display on any website owned or operated by Index Riders.

PERCENTINO MARKET – place where Percentino Fruits can be bought / sold on Index Riders.

HUNTING – a game where the player needs to predict the correct price of Bitcoin no longer than 24h before the settled time. 

FARMING – place where Percentino Fruits are grown by players

Positions – prediction of BTC price in HUNTING game 

Transaction – any type of transaction made by the user, including but not limited to, deposit, withdrawal request, buy / sell order. 

“Service” – any type of transaction made by user’s trading account, including but not limited to, deposit, withdrawal request, buy / sell order.

Index Riders network – collectively, any services and material hosted and administrated by Index Riders.

 

INTRODUCTION

The use of Index Riders website and services offered on the Website („Services”) are entirely governed by Terms contained on this Terms of Service page („Terms”, „Website Terms of Service”, „Agreement”, „policy”). These Terms apply in full force and effect and by Your use of this Website, you accept all terms and conditions applied herein in full. All other information provided on the Website and/or oral/written statements made by Index Riders are excluded from this agreement.

Accessing, viewing or downloading information from this Website and/or using the services provided by Index Riders are hereby considered an acknowledgement and unconditional approval of Terms detailed in this policy. Index Riders may at any time, without further notice, amend those Terms. By using Index Riders Website and its services, you agree to be bound by any amendments to this policy and agree that Index Riders has not obligation whatsoever to notify you of such.

In case any objections to these Terms arise, you are asked to cease using Index Riders website and services.

This website is not suitable for any minors. If you are a minor (defined as a person who is not at least 18 years old, although various jurisdictions may apply), you must not use this site.

 

NATURE OF BUSINESS

INDEX RIDERS IS BY ANY MEANS NOT A TYPE OF EXCHANGE, CURRENCY EXCHANGER, DEALER, MONEY TRANSMITTER, CASINO.

Index Riders has never been engaged and will never be engaged in any activities involving asset exchange, money transmitting or currency exchange of any kind. Index Riders will never

transmit customer funds to any third party and/or give access to customer funds to any third party. It is the responsibility of each potential customer of Index Riders to determine if the purchaser can legally make use of Index Riders game in the customer’s jurisdiction.

There is also no unified regulatory framework applicable to Index Riders. Our products and services are regulated in some jurisdictions based on existing financial services regulatory frameworks, while they are left unregulated in others. Therefore, you should carefully consider all risks involved, including, but not limited to, those listed above and, to the extent necessary, consult an appropriate lawyer, accountant, or tax professional. Do not use our services or get involved with any activities related to Index Riders game in case of not being certain about your rights that the jurisdiction of your residence or citizenship grants you.

 

CONDITIONS OF ACCESS

All usernames and passwords required to access Index Riders website and services are meant to be kept secure and confidential. By accessing Index Riders website, you agree to keeping your login credentials safe. In case of any unauthorized use, Index Riders should be immediately notified in order to determine a potential breach of security and reset your password.

By accessing and using Index Riders services, you agree to:

Not attempt to undermine any security or integrity of Index Riders computing systems and networks and/or third party’s hosted systems and networks (with regard to Index Riders network);

No misuse of Index Riders website and services that may impair the functionality of Index Riders network and/or other systems used to provide those Services;

Not impair any other users’ ability to access Index Riders network in any way;

Not transmit any files that may be malicious and/or may potentially damage any other person’s computing device or software, any content that may be considered offensive or any data that is or may be in violation of any existing law onto Index Riders network;

Not attempt to modify, copy, adapt, reproduce, disassemble, decompile or reverse engineer any computer programs that are or may be used to deliver the Services or to operate within Index Riders network except those being irreplaceable to use Index Riders service for normal operation.

 

CONDITIONS OF PARTICIPATION

BY CHOOSING TO REGISTER AS A MEMBER OF INDEX RIDERS, YOU HEREBY DECLARE THAT: You have accepted the Terms of Service of Index Riders;

 

You are at least 18 years of age (may vary per jurisdiction) and have the legal capacity to accept the Terms of Service;

You are the legal owner of the funds you add and/or plan to add to your account with Index Riders and that those funds were obtained from a legitimate source;

Using Index Riders network does not amount to a breach of any laws applicable in your home’s jurisdiction;

You are aware of any risks deriving from using Index Riders network, including, but not limited to high volatility risk of cryptocurrency itself, the possible loss of majority or the whole of your funds in case market goes against you;

You will not initiate or be involved in any form of market manipulation, including, but not limited to, spoofing orders etc.;

The information provided by you during ID verification process are correct, genuine and up-to-date;

You do possess full control and ownership over any withdrawal address provided by you on Index Riders network;

 

YOU ARE PROHIBITED FROM USING INDEX RIDERS WEBSITE AND SERVICES IF:

You are a resident of United States of America, Cuba, Crimea and Sevastopol, Iran, Syria, Pakistan North Korea, Sudan, Ghana, Ethiopia, Tunisia, Yemen, or any other jurisdiction where serviced offered by Index Riders are restricted and jurisdiction, which is deemed to high-rish according to Financial Action Task Force.. If it is determined that you have given false representation as to your place of residence, Index Riders retains the right to immediate and unconditional closure of your account, along with liquidating your predictions in the HUNTING game.

You are prohibited from participating pursuant to court order;

You are engaged in any type of financial fraud;

You collude with other individuals or engage in any type of syndicate activity;

You use automated means outside Index Riders API (including scripting, harvesting bots, robots parser, spiders, screen scrapers and further invented tools) to place orders, or to collect, obtain and/or access any Website information of any user for any purpose;

You try to abuse any of Index Riders services, referral program and/or any other offers and promotions;

You tamper and/or plan to tamper with the administration of Index Riders network, computer programs or any security measure associated with Index Riders.

 

AML/KYC PROCEDURE

AML and KYC regulations are followed in every jurisdiction that is a member of the global banking community.

As Index Riders is not financial institution, therefore it is not required to establish AML/KYC procedure. However, Index Riders protects itself from involvement in any activity that facilitates money laundering or other criminal activities.

     

Index Riders retains full right to verify your identity at any time for the purposes of complying with the Seychelles’ Anti-Money Laundering Act 2006.

Due to Customer Due Diligence (CDD), we impose certain trading limits upon new users. You agree to cooperate with us in this process and will provide all documentation/information required to fully confirm your identity and the purpose of the business relationship.

Index Riders retains any right to freeze any account in the event that we suspect and/or have reason to believe that you may be involved in any kind of suspicious activities, other malicious activity or breach of any of the warranties aforementioned in these Terms of Service. This may result in an unwinding of any positions that you have entered into while using Index Riders network. Index Riders excludes any losses or profits you would have made as a result of us closing your positions early and/or you not being able to play using Index Riders network.

You agree to completely indemnify us against any third party action resulting from your conduct or us having to close your positions early. An investigation will be conducted whilst your account is frozen and we may submit enquiries, requiring you to cooperate. While investigated, you will not be able to take any action on your account, including but not limited to, making deposits, withdrawals and taking positions. At the end of the investigation, we may, at our own discretion, decide to close your account, for which we are not require to provide you with any reasons whatsoever.

We reserve the right, at our own discretion, to close your account with prior 7 days notice. Therefore, you will retain your right to close your positions within 7 days. If, at the end of that period, there will be open positions at your account, we will force close them and return to you any remaining cryptocurrency left as a result of those transactions.

Providing us with correct details regarding withdrawal address is a responsibility imposed upon you entirely. We do not accept any liability resulting in you not receiving the cryptocurrency withdrawn due to you providing incorrect or out-of-date details. It is also upon the user to ensure format and currency of transaction sent to Index Riders. We exclude any liability for incorrect transactions made onto our addresses.

 

INTELLECTUAL PROPERTY RIGHTS

TRADE THE FUTURE HOLDING LTD is the owner or the licensee of all intellectual property rights in Index Riders network, and in the material published on it (including this document). Those works are protected by copyright laws and treaties around the world. All such rights are reserved.

You must not modify digital copies of any materials you have printed off or downloaded in any way, and you must not use any illustrations, photographs, video or audio sequences or any graphics separately from any accompanying text.

For purposes of viewing the material contained on this Website, you are granted a limited license only. Subject to the restrictions provided in these Terms.

RECEPTION AND TRANSMISSION OF ORDERS

The Member agrees that any orders, once placed or activated, cannot be revoked, amended and/or refunded in any case, including cases of technical issues, outages of price data feeds, risk and fund management.

The Member accepts any risks of mistakes and/or misinterpretations in the orders made through Index Riders, especially in cases of technical or mechanical failures. He also acknowledges risks of delays or other problems that may arise, and agrees to indemnify Index Riders in full for any loss resulting from those delays.

The Member also accepts the risk of their orders being placed by unauthorized persons and agrees to fully indemnify Index Riders, as Index Riders has no responsibility as to the identity of person placing the specific order.

The Member fully acknowledges and agrees to the fact that Index Riders retains the right to close, suspend, freeze, cancel or refuse any transaction and/or position without providing prior notice to the Member, for instance in cases related to intentional malicious actions regarding manipulation of the game, exploiting insider information, contributing to illegal activity and failure to fulfill obligations mentioned in these Terms of Service.

 

NO WARRANTIES POLICY

Index Riders network is provided in its current state, with all its possible faults, and Index Riders gives no representation and/or warranties of any kind related to this Website, materials contained on this Website, and services provided by Index Riders whatsoever. In addition, no information published on this Website shall be regarded as any consult or advice to you.

Signing up to Index Riders implies acceptance and acknowledgement of the fact that Index Riders network may temporarily go down at any time without prior notification.

 

NO INVESTMENT ADVICE

If any investment or game advice signal shall be received through Index Riders network to the Member, it should not be considered as recommendation regarding a particular course of action and/or investment advice of any kind.

Any opinion-related kind of information expressed on Index Riders network are published for information- related purposes only and do not amount towards any investment advice, nor they are to be considered any kind of official trading course of action. They are subject to change without prior notice. In the event any of the assumptions do not prove to be true, results are likely to vary substantially. There is no guarantee that investment strategies expressed on Index Riders will achieve desired results under all market conditions, especially in long term. No representation is being made that any account, product or strategy will or is likely to achieve profits, losses, or results similar to those discussed, if any.

Index Riders network may contain estimates, statements and/or projections that may be by some considered ‘forward-looking statements’. They are inherently speculative and based on current available information and possible projections about future trends and events. As such, they are subject to multiple risks and numerous uncertainties. Actual results of application of those strategies may drastically differ, based on many unforeseeable variables. Index Riders takes no obligation to update or revise any forward-looking statements posted by the Website and any of its members.

 

SERVICE PERFORMANCE

Index Riders denies any liability deriving from any delays in operation of the Website. The Member, by using this website, accepts the fact that the time of operation of Index Riders network may vary depending on used equipment, as well as constraints deriving from specificity of World Wide Web, being beyond any from of control from Index Riders, and understands that no liability may be imposed upon Index Riders because of such issues.

Any market data provided by Index Riders is given as it is, with all its faults and potential technical difficulties. Index Riders makes no representations nor warranties related to this data.

Index Riders network may at times rely on third party services to retrieve and process market data, including ‘live trade’, ‘bid’ and ‘ask’ data related to potential assets, currencies proceeded through our Index Riders game service. At times these third party services may go offline and/or not reflect real market information. Any data seen on Index Riders may at times lead you to bad price predictions based on technical malfunctions. Index Riders will do its best to notify you about any inaccuracies, but denies any liability deriving from badly placed price predictions. Market or price movements that may arise when such external services are unreachable or unreliable resulting in misleading information.

By using Index Riders network, you agree that all orders and positions are final and irreversible, including decisions that may have occurred as a result of incorrect data displayed by Index Riders or third party providers that Index Riders interacts with.

 

INDEMNIFICATION

You agree to indemnify Index Riders as well as its contractors, its licensors and respective directors, officers, agents and employees from and against any kind of claims and expenses, including attorney’s fees, arising out of your using of the Index Riders network, including but not limited to your violations of these Terms of Service.

 

LIMITATION OF LIABILITY

Index Riders along with its suppliers or licensors will not be held liable to any subject matter of this agreement under any contract, negligence, strict liability or other legal/equity theories regarding:

Any special, incidental or consequential damages;

Cost of procurement or substitute products or services;

Interruptions of use;

Loss or corruption of data;

Any amounts that exceed fees paid by you to Index Riders under this agreement during twelve (12) month period prior to the course of action.

Index Riders will not be held liable for any delays or failures deriving from matters beyond their reasonable control. Conditions aforementioned shall not apply to the extent prohibited by applicable law.

 

Index Riders denies any responsibility for any failures deriving from human errors, technical malfunctions, omissions, interruptions, network deletions and/or defects, data corruption, server and telephone outages or software issues beyond control of Index Riders.

Any injury or damage suffered by user deriving from: Theft

Tampering of data

Destruction of data

Alteration of data

Incorrectly processed data

Is not a subject to any kind of liability.

ANY ATTEMPT BY AN USER OR ANY OTHER INDIVIDUAL TO DELIBERATELY DAMAGE THE WEBSITE OR UNDERMINE THE LEGITIMATE OPERATION OF THE GAME IS A VIOLATION OF CRIMINAL AND/OR CIVIL LAWS AND SHOULD SUCH AN ATTEMPT BE MADE, INDEX RIDERS RESERVES THE RIGHT TO SEEK DAMAGES AND OTHER REMEDIES FROM ANY SUCH PERSON TO THE FULLEST EXTENT PERMITTED BY LAW.

 

FORCE MAJEURE

In case of any cause outside reasonable control of any of the parties, including acts of god, riot, war, malicious acts of damage, fires, electricity supply failure and Government authority, neither party is liable for delay in meeting its obligations.

 

REMEDIES FOR BREACH OF AGREEMENT

In case of violations of these Terms of Service, Index Riders reserves the right to seek all remedies available by law and in equity, as well as retains the right to restrict, suspend or terminate your account and/or deny you access to the Website without further notice.

Index Riders is entitled to disclose your user identity, as well as personal details, in case of those being required or requested by a court of law, governmental agency or any form of law enforcement authority that Index Riders considers reasonably necessary or appropriate.

 

SEVERABILITY

If any of Terms and Conditions a forementioned in these Terms of Service is found to be invalid and/or unenforceable under any applicable law, it shall not render these Terms unenforceable and/or invalid as a whole, and such provisions shall be deleted without any effect on remaining provisions whatsoever.

 

SURVIVAL

If any of provisions aforementioned in these Terms of Service are to be found void, invalid, unenforceable or illegal by a court of law, validity and enforceability of other provisions shall not be affected in any way. If any provisions are to be declared unenforceable, you agree to an amendment made by Index Riders to provide for the enforcement of those provisions to the fullest extent permitted by applicable law.

 

ENTIRE AGREEMENT

These Terms of Service, any legal notices and disclaimers issued on this Website and/or whole Index Riders network, constitute an entire agreement between you and Index Riders in relation to you use of this Website, and overrule any prior agreements and understandings with respect to the usage of its website and services.

 

JURISDICTION

These Terms will be governed by and construed in accordance with the laws of The Republic of Seychelles and the Client hereby agrees to submit to the exclusive jurisdiction of the Seychelles courts in connection herewith (save where a document, agreement or application form provides otherwise).