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Terms of use

Last updated: 22nd August 2022

1. Agreement to Terms#

These Terms constitute a legally binding agreement made between you, whether personally or on behalf of an entity (you), and Float, (we, us), concerning your access to and use of the Float ( website as well as any related applications (the Site).

You agree that by accessing the Site and/or Services, you have read, understood, and agree to be bound by all of these Terms. You agree and acknowledge that you are responsible for compliance with any and all applicable local laws and regulations in your jurisdiction.

If you do not agree with all of these Terms, then you acknowledge that you are prohibited from using the Site and Services and you must discontinue use immediately.

2. Eligibility#

The information provided on the Site is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Including, but not limited to Bolivia, Burundi, Cayman Islands, Cote D'Ivoire, Ecuador, Egypt, European Economic Area, United Kingdom, United States of America, Indonesia, Iran, Iraq, Libya, Mali, Morocco, Myanmar, Liberia, Nepal, North Korea, People's Republic of China, Somalia, South Korea, Sudan, Syria, Venezuela, Zimbabwe.

The Site is intended for users who are of legal age in the jurisdiction(s) of legal binding. If you are under the legal age of jurisdiction(s) legally binded by, you are not permitted to use the Site and must discontinue use immediately.

The Site is intended for users classified as professional and sophisticated investors. If you do not qualify you are not permitted to use the Site and must discontinue use immediately.

3. Arbitration and Class Action Waiver#

All and any disputes arising from or in relation to these terms will be resolved solely through individual arbitration in an individual capacity and will not be raised as a class arbitration, class action or any other type of representative proceeding. The individual and company both agree to waive the right to demand a trial by jury. Users of the Site irrevocably agree that the seat of arbitration shall be in the Cayman Islands.

Any dispute is to be raised within 60 days of the incident in writing to with the attempt to resolve all disputes in good faith. The in writing notice is to include the plaintiffs name, email address, postal address, detailed outcome for dispute, detailed context of dispute and intended relief. Should company and plaintiff be unable to resolve a dispute within 60 days the plaintiff can commence an arbitration proceeding with the requirement that it is initiated within 6 months of in written notice.

4. Governing Law#

The laws of the Cayman Islands shall govern these Terms.

5. Modifications of terms#

We may make changes to these Terms at any time. The updated version of these Terms will be indicated by an updated "Revised" date and the updated version will be effective as soon as it is accessible. You are responsible for reviewing these Terms to stay informed of updates. Your continued use of the Site represents that you have accepted such changes.

6. Link to third party content#

The Site may contain links to websites or applications operated by third parties. We do not have any influence or control over any such third party websites or applications or the third party operator. We are not responsible for and do not endorse any third party websites or applications or their availability or content.

7. Disclaimer/Limitation of Liability#

The Site and Services are provided on an as-is and as-available basis. You agree that your use of the Site and/or Services will be at your sole risk except as expressly set out in these Terms. All warranties, terms, conditions and undertakings, express or implied (including by statute, custom or usage, a course of dealing, or common law) in connection with the Site and Services and your use thereof including, without limitation, the implied warranties of satisfactory quality, fitness for a particular purpose and non-infringement are excluded to the fullest extent permitted by applicable law.

We make no warranties or representations about the accuracy or completeness of the Site’s content and are not liable for any (1) errors or omissions in content: (2) any unauthorized access to or use of our servers and/or any and all personal information and/or financial information stored on our server; (3) any interruption or cessation of transmission to or from the Site or services; and/or (4) any bugs, viruses, trojan horses, or the like which may be transmitted to or through the Site by any third party. We will not be responsible for any delay or failure to comply with our obligations under these Terms if such delay or failure is caused by an event beyond our reasonable control.

No part of the Site and content constitutes any offer or solicitation to sell, or distribute, investments and related services to anyone in any jurisdiction.

8. General#

Visiting the Site, sending us emails, and completing online forms constitute electronic communications. You consent to receive electronic communications and you agree that all agreements, notices, disclosures, and other communications we provide to you electronically, via email and on the Site, satisfy any legal requirement that such communication be in writing.

These Terms and any policies or operating rules posted by us on the Site or in respect to the Services constitute the entire agreement and understanding between you and us.

Our failure to exercise or enforce any right or provision of these Terms shall not operate as a waiver of such right or provision.

We may assign any or all of our rights and obligations at any time.

We shall not be responsible or liable for any loss, damage, delay or failure to act save where due to our wilful misconduct or fraud.

Users acknowledge that they understand the inherent, protocol and blockchain related risks associated with the Site.

Users agree that they shall not use the Site for any illegal or fraudulent purposes and that their access to the Site may be immediately terminated without notice.