Terms and Condition
The terms and conditions, together with any
additional information (“Terms”), are entered into between Swiftco International Corporation,
company number 2111961 with address Intershore Chambers, Road Town, Tortola,
British Virgin Islands (the “Swiftco International
Corporation,” “we,” “us,” and “our”) and
you or the company or other legal entity that you represent (“you” or “your”).
Please read these Terms carefully as they govern
your use of our site/s: www.landing.swiftco.io www.swiftco.io and its redirection from www.sharetheload.com and all associated sites (the “Website”) and our Services (defined
below) and describe your rights and obligations and our disclaimers and
limitations of legal liability. By accessing or using any part of the Website
or the Services, you agree to become bound by the terms and conditions of these
Terms.
By accessing the use of our Services
including the purchase of tokens on behalf of a company, organization or other
entity then “you” includes you and that entity, and you represent and warrant
that (a) you are an authorized representative of the entity with the authority
to bind the entity to these Terms, and (b) you agree to these Terms on the
entity’s behalf.
If you do not agree to these Terms or do not
have authority to bind your organization on whose behalf you are using the
Services to these Terms, you must not access or use our Website or the Services
including purchasing tokens. Please carefully review the terms and conditions
most specifically, the disclaimer, before accessing the Website, our Services,
or by the purchase of tokens. Please refer to our privacy policy available for
information about how we collect, use, share and otherwise process information
about you. In addition, you agree to comply with professional conduct including
but not limited to having anything to do with profanity, slander and defamation with
respect to any interactions with the purchase, sale and discussion via the
Website or by other means including but not limited to Social media and other
communication channels.
Additionally, by agreeing to the terms and
conditions, “you” understand that Swiftco International Corporation “us”
reserve the right, in our sole discretion, to modify these Terms from time to
time and if we make changes, we will provide you with notice of any changes
using reasonable means, such as by correspondence e.g. email, or by providing a
notice through the Website or by pop ups on the website reflecting new terms
and conditions with a new effective date. Unless otherwise stipulated, any changes and
amendments as such are effective immediately, and your continued use of the
Website or our Services will confirm your acceptance of the changes. Lastly, if
you do not agree to the amended Terms and conditions, or do not have authority
to bind your organization on whose behalf you are using the Services to these
Terms, you must not access or use our Website or the Services including
purchasing tokens
Purpose and Use of Swiftco
Swiftco,
utility token, is intended to be used within the ecosystem comprising of
Sharetheload, Worldmarkets and other entities that may be added at a later time
(the “services”), as facilitated through a decentralized platform being
“Swiftco” located at www.swiftco.io. Ownership of Swiftco, carries no
rights, express or implied, other than the right to use Swiftco as a means of
membership within our services consisting of the ecosystem, and to enable usage
of and interaction with the platform. In particular, you understand and accept that Swiftco does not represent
or confer any ownership right or stake, share or security or equivalent rights,
or any right to receive future revenue shares intellectual property rights or
any other form of participation in or relating to the Platform, and/or Company
and its corporate affiliates, other than rights relating to the receipt of
Services and use of the Platform, subject to limitations and conditions in
these Terms and applicable Platform Terms and Policies (as defined below).
SWIFTCO IS ALSO NOT INTENDED TO BE A DIGITAL CURRENCY, SECURITY, COMMODITY OR
ANY OTHER KIND OF FINANCIAL INSTRUMENT.
SERVICES
The Website enables users to access information
about and its related services, including (without limitation) resources, data,
information about the decentralized network and the purchase and sale of the
token. Some Services offered by us or other participants across the network
require payment. You acknowledge and agree that the Swiftco International
Corporation has no control over transactions, the method of payment of any
Charges, if applicable, or any actual payments of Charges, if applicable.
YOUR REPRESENTATIONS AND WARRANTIES; CONDITIONS
By accessing the Website, Services,
redirection as such, you must be able to form a legally binding contract online
either on behalf of the entity on whose behalf that you are using the Website
or Services, or as an individual if you are using the Website or the Services
in your personal capacity. Accordingly, you represent that you are at least 18
years old, can form a legally binding contract online, and have the full,
right, power and authority to enter into and to comply with the obligations
under these Terms. Additionally, you represent and warrant that you are not a
citizen or resident of a state, country, territory or other jurisdiction that does
not allow the sale and or purchase of cryptocurrency including that of tokens
as such -or where your use of the Website or the Services would be illegal or
otherwise violate any domestic or foreign law, rule, statute, regulation,
by-law, order, protocol, code, decree, or other directive, requirement or
guideline, published or in force which applies to or is otherwise intended to
govern or regulate any person, property, transaction, activity, event or other
matter, including any rule, order, judgment, directive or other requirement or
guideline issued by any domestic or foreign federal, provincial or state,
municipal, local or other governmental, regulatory, judicial or administrative
authority having jurisdiction over the Swiftco International Corporation, you,
the Website or the Services, or as otherwise duly enacted, enforceable by law,
the common law or equity (“Applicable Law”).
As a condition to accessing or using the
Services or the Website, you represent, warrant and agree that you: (i) will
only use the Services and the Website for lawful purposes and in accordance
with these Terms; (ii) will ensure that all information that you provide on the
Website is current, complete, and accurate; (iii) will maintain the security
and confidentiality of your account; (iv) and agree Swiftco International
Corporation will be not be under any obligation to become involved should a
dispute arise and (v) agree that Swiftco International Corporation is
indemnified from any proceedings that may arise with the sale or purchase of
the token.
As a condition to accessing or using the
Website or the Services, you represent, warrant and agree that you will not:
(i) violate any Applicable Law, including, without limitation, any relevant and
applicable anti-money laundering and anti-terrorist financing laws and any
relevant and applicable privacy and data collection laws, in each case as may
be amended;
You represent and warrant that you: (i)
have the necessary technical expertise by your independence or by obtaining
another opinion and ability to review and evaluate the security, integrity and
operation of any of Swiftco that you decide to acquire, sell or use; (ii) have
the knowledge, experience, understanding, professional advice and information
to make your own evaluation of the merits, risks and applicable compliance
requirements under Applicable Law of Swiftco; and (iii) know, understand and
accept the risks associated with Swiftco.
PROPRIETARY RIGHTS
Excluding any open source software or
third-party software that the Website or the Services incorporates, as between
you and Swiftco International Corporation, Swiftco International Corporation,
owns the Website and the Services, including all technology, content and other
materials used, displayed or provided on the Website (including all
intellectual property rights), and hereby grants you a limited, revocable, non-transferable,
license to access and use those portions of the Website and the Services that
are proprietary to the Swiftco International Corporation in accordance with
their intended uses and using their designated public interfaces.
Any of Swiftco International Corporations,
product or service names, logos, and other marks used in the Website or as a
part of the Services, including Swiftco International Corporations, name and
logo are trademarks owned by the Swiftco International Corporation, or its
applicable licensors. You may generally use Swiftco International Corporation,
name and logo to refer to the Swiftco International Corporation, mission and
activities provided that it does not in any way suggest or imply sponsorship or
approval by the Swiftco International Corporation. You may also indicate the
relationship of your products and services to the Swiftco International
Corporation’s mission and activities by using an accurate descriptive term in
connection with your product or service. You may not use the Swiftco
International Corporation’s name and logo in a manner that may cause confusion
with others or result in generalization. The Swiftco International Corporation
reserves its right to prohibit the use of the Swiftco International Corporation’s
marks by anyone that we believe misuses our trademarks. Except as provided in
the foregoing, you may not copy, imitate or use the Swiftco International
Corporation’s marks without the Swiftco International Corporation’s (or the
applicable licensor’s) prior written consent.
The Swiftco International Corporation will
be free to use, disclose, reproduce, license, and otherwise distribute and
exploit any suggestions, comments, or other feedback provided by you to the Swiftco
International Corporation with respect to the Website or Services (“Feedback”) provided to it as it sees
fit, entirely without obligation or restriction of any kind, on account of
intellectual property rights or otherwise.
The Website provides access to certain
third-party websites (“External Sites”) that are in connection with Swifco, (“Third Party Services”) solely as a
convenience to you. The content of such External Sites is developed and maintained
by Sharetheload International.. We make no warranties or representations,
express or implied, about such Third-Party Services. You acknowledge sole
responsibility for and assume all risk arising from your use of any Third-Party
Services.
USER CONTENT
Swiftco International Corporation allows
users to distribute streaming services, such as chat, video recordings, forums etc.
and to participate in other activities in which you may create, post, transmit,
perform, or store content, videos or other materials through the Website (“User Content”).
If you submit, transmit, display, perform,
post or store User Content using the Website, you grant Swiftco International
Corporation and its sublicenses, to the fullest extent and for the maximum
duration permitted by Applicable Law (including in perpetuity if permitted
under Applicable Law), an unrestricted, worldwide, irrevocable, fully sub
licensable, non-exclusive, and royalty-free right to (a) use, reproduce,
modify, adapt, publish, translate, create derivative works from, distribute,
perform and display such User Content in any form, format, media or media
channels now known or later developed or discovered; and (b) use the name,
identity, likeness and voice (or other biographical information) that you
submit in connection with such User Content. Should such User Content contain
the name, identity, likeness and voice (or other biographical information) of
third parties, you represent and warrant that you have obtained the appropriate
consents and/or licenses for your use of such features and that the Swiftco
International Corporation and its sublicenses are allowed to use them to the
extent indicated in these Terms. To the furthest extent permitted by Applicable
Law, you hereby agree that the Swiftco International Corporation shall not be
liable for any unauthorized copying, use or distribution of User Content by
third parties and release and forever waive any claims you may have against the
Swiftco International Corporation for any such unauthorized copying or usage of
the User Content, under any theory.
You are solely responsible for your User
Content and the consequences of posting or publishing it. You represent and
warrant that: (1) you are the creator and owner of the User Content or
otherwise have sufficient rights and authority to grant the rights granted
herein; (2) your User Content does not and will not (a) infringe, violate, or
misappropriate any third-party right, including any copyright, trademark,
patent, trade secret, moral right, privacy right, right of publicity, or any
other intellectual property or proprietary right or (b) defame any other
person; and (3) your User Content does not contain any viruses, adware,
spyware, worms, or other harmful or malicious code. The Swiftco International
Corporation reserves all rights and remedies against any users who breach these
representations and warranties. Further, you agree that your User Content will
comply with the guidelines issued by international jurisdictions, as well as
any other advertising guidelines required under applicable law. You are solely
responsible for any endorsements or testimonials you make regarding any product
or service through the Website.
CHANGES; SUSPENSION; TERMINATION
Swiftco International Corporation with its
network is intended to be decentralized and self-operating. Accordingly, we
may, at our sole discretion, from time to time and with or without prior notice
to you, modify, suspend or disable, temporarily or permanently, the Services
offered by Swiftco International Corporation, in whole or in part, for any
reason whatsoever, including, but not limited to, as a result of a security
incident.
We will not be liable for any losses
suffered by you resulting from any modification to any Services or from any
suspension or termination, for any reason, of your access to all or any portion
of the Website or the Services.
All of these terms will survive any
termination of your access to the Website or the Services, regardless of the
reasons for its expiration or termination, in addition to any other provision
which by law or by its nature should survive.
ELECTRONIC NOTICES
By way of accessing the services provided
by Swiftco, you consent to receive any form of communications including but not
limited to email, agreements, documents, notices, updates and disclosures as
such electronically (collectively, our “Communications”) that we provide in connection with these Terms or any Services.
You agree that we may provide communication to you by way of website updates
including any posts, pop ups as such on the Website or through the Services or
by emailing them to you at the email address you provide in connection with
using the Services. For your own record, we ask you maintain copies of such
communication by way of hard paper copy or soft electronic copy. You may also
contact support@swiftco.io to request any electronic copies of Communication.
INDEMNIFICATION
You agree by accessing our services and
accepting the terms, you will defend, indemnify, and hold harmless Swiftco
International Corporation, our members, directors, officers, employees,
attorneys, agents, representatives, suppliers, licensors and contractors
(collectively, Protected Parties”) from any claim, demand, lawsuit, action, proceeding,
investigation, liability, damage, loss, cost or expense, including without
limitation reasonable attorneys’ fees, arising out of or relating to your use
of, or conduct in connection with, the Website and/ or its Services.
DISCLOSURES; DISCLAIMERS
The Swiftco International Corporation seeks
to encourage trust, confidence, and success of the Swiftco ecosystem as a means
of public good. Swiftco being Swiftco International Corporation does not
operate a virtual currency or derivatives exchange platform or offer trade
execution or clearing services and therefore has no oversight, involvement, or
control with respect to your transactions, including its purchase and sale.
You are responsible for complying with all
laws and regulations applicable to your transactions, including, but not
limited to, within your country of residence and or jurisdiction.
You understand that the Swiftco
International Corporation is not registered or licensed by any financial
regulatory authority. No financial regulatory authority has reviewed or
approved the use of its token. The Website and/ or its Services, do not
constitute advice or recommendation concerning the purchase or sale of its
token, commodity, security or any other asset. The Swiftco International
Corporation does not act in giving any financial advice and shall not be held
liable nor accountable.
To the maximum extent permitted under
Applicable Law, the Website and the Services (and any of their content or
functionality) provided by or on behalf of us are provided on an “AS IS” and
“AS AVAILABLE” basis, and we expressly disclaim, and you hereby waive, any
representations, conditions or warranties of any kind, whether express or
implied, legal, statutory or otherwise, or arising from statute, otherwise in
law, course of dealing, or usage of trade, including, without limitation, the
implied or legal warranties and conditions of merchantability, merchantable
quality, quality or fitness for a particular purpose, title, security,
availability, reliability, accuracy, quiet enjoyment and non-infringement of
third party rights. Without limiting the foregoing, we do not represent or
warrant that the Website or the Services (including any related data) will be
uninterrupted, available at any particular time or error-free. Further, we do
not warrant that errors in the Website or the Service are correctable or will
be corrected.
You acknowledge that your data on the Website
or through the Services may become irretrievably lost or corrupted or
temporarily unavailable due to a variety of causes, and agree that, to the
maximum extent permitted under Applicable Law, we will not be liable for any
loss or damage caused by denial-of-service attacks, software failures, viruses
or other technologically harmful materials (including those which may infect
your computer equipment), protocol changes by third party providers, Internet
outages, cyber attacks, force majeure events or other disasters, scheduled or
unscheduled maintenance, or other causes either within or outside our control.
The disclaimer of implied warranties
contained in these Terms may not apply if and to the extent such warranties
cannot be excluded or limited under the Applicable Law of the jurisdiction in
which you reside.
EXCLUSION OF CONSEQUENTIAL AND RELATED DAMAGES
In no event will Swiftco International
Corporation, together with any Protected Party, be liable for any incidental,
indirect, special, punitive, exemplary, consequential or similar damages or
liabilities whatsoever (including, without limitation, damages for loss of
data, information, revenue, goodwill, profits or other business or financial
benefit) arising out of or in connection with the Website or its services, any
execution or settlement of a transaction, any performance or non-performance of
its token and its Services or other item provided by or on behalf of a
Protected Party, whether under contract, tort (including negligence), civil
liability, statute, strict liability, breach of warranties, or under any other
theory of liability, and whether or not any Protected Party has been advised
of, knew of or should have known of the possibility of such damages and
notwithstanding any failure of the essential purpose of these Terms or any
limited remedy nor is the Swiftco International Corporation in any way
responsible for the execution or settlement of transactions between users such
as the purchaser and seller.
LIMITATION OF LIABILITY
In no event will the Protected Parties'
aggregate liability arising out of or in connection with the Website, the
Services and its ecosystem (and any of their content and functionality), any
performance or non-performance of the Services, digital assets, Tokens or any
other product, service or other item provided by or on behalf of a Protected
Party, whether under contract, tort (including negligence), civil liability,
statute, strict liability or other theory of liability exceed the amount of
fees paid by you to us under these Terms in the twelve (12) month period
immediately preceding the event giving rise to the claim for liability.
RELEASE
To the extent permitted by applicable law,
in consideration for being allowed to use the Website or its services, you and
all other members of the entity or organization on whose behalf you are using
the Website or its Services hereby release and forever discharge Swiftco
International Corporation and all Protected Parties from, and hereby waive and
relinquish, each and every past, present and future dispute, claim,
controversy, demand, right, obligation, liability, action and cause of action
of every kind and nature (including personal injuries, death, and property
damage), that has arisen or arises directly or indirectly out of, or that
relates directly or indirectly to, the Website, and its Services and/or its
ecosystem (including any interactions with, or act or omission of, other
Websites or users or any third-party services). YOU HEREBY WAIVE ANY APPLICABLE
PROVISION IN LAW OR REGULATION IN CONNECTION WITH OUR WEBSITE AND/ OR ITS
SERVICES.
DISPUTE RESOLUTION AND ARBITRATION
Please read the following section carefully
because it requires you to arbitrate certain disputes and claims with Swiftco
International Corporation and limits the way(manner) you can seek relief from
us, unless you opt out of arbitration by following the instructions set forth
below. In addition, arbitration precludes you from suing in court or having a
jury trial.
You and Swiftco International Corporation
agree that any dispute arising out of or related to these Terms or our Services
is personal to you and Swiftco International Corporation and that any dispute
will be resolved solely through individual action, and will not be brought as a
class arbitration, class action or any other type of representative proceeding.
Except for small claims disputes in which
you or Swiftco International Corporation seeks to bring an individual action in
small claims court located in the county or other applicable jurisdiction where
you reside or disputes in which you or Swiftco International Corporation seeks
injunctive or other equitable relief for the alleged unlawful use of
intellectual property, you and Swiftco International Corporation waive your
rights to a jury trial and to have any dispute arising out of or related to
these Terms or our Services resolved in court. Instead, for any dispute or
claim that you have against Swiftco International Corporation or relating in
any way to the Services, you agree to first contact Swiftco International
Corporation and attempt to resolve the claim informally by sending a written
notice of your claim (“Notice”) to
the Swiftco International Corporation by email at support@swiftco.io. The Notice
must include your name, residence address, email address, and telephone number,
describe the nature and basis of the claim and set forth the specific relief
sought. Our notice to you will be similar in form to that described above. If
you and Swiftco International Corporation cannot reach an agreement to resolve
the claim within SEVEN (7) days after such Notice is received, then either
party may submit the dispute to binding arbitration administered by the BRITISH
VIRGIN ISLANDS INTERNATIONAL ARBITRATION CENTRE (“BVIIAC”), or, under the limited
circumstances set forth above, in court. All disputes submitted to BVIIAC will
be resolved through confidential, binding arbitration before one arbitrator.
Arbitration proceedings will be held in the British Virgin Islands, in
accordance with the BVIIAC Consumer Arbitration Rules. By way of understanding
the rules that govern arbitration, this can be found on the BVIIAC website https://www.bviiac.org/
The arbitrator, Swiftco International
Corporation, and you will maintain the confidentiality of any arbitration
proceedings, judgments and awards, including, but not limited to, all
information gathered, prepared and presented for purposes of the arbitration or
related to the disputes. The arbitrator will have the authority to make
appropriate rulings to safeguard confidentiality, unless the law provides to
the contrary. The duty of confidentiality does not apply to the extent that
disclosure is necessary to prepare for or conduct the arbitration hearing on
the merits, in connection with a court application for a preliminary remedy or
in connection with a judicial challenge to an arbitration award or its
enforcement, or to the extent that disclosure is otherwise required by law or
judicial decision.
You and Swiftco International Corporation
agree that for any arbitration you initiate, you will pay the fees associated
for arbitration. For any arbitration initiated by Swiftco International Corporation,
Swiftco International Corporation will pay all fees and costs associated with
its claim. You and Swiftco International Corporation agree that the courts of British
Virgin Islands have exclusive jurisdiction over any appeals and the enforcement
of an arbitration award.
Any claim arising out of or related to
these Terms or our Services must be filed within SEVEN (7) days after such
claim arose; otherwise, statute of limitations is in effect and claim is
permanently barred, which means that you and Swiftco International Corporation
will not have the right to assert the claim.
You have the right to opt out of binding
arbitration within five (5) days of the date you first accepted the terms of
this Section 12 by emailing us at support@swiftco.io.
In order to be effective, the opt-out notice must include your full name and
address and clearly indicate your intent to opt out of binding arbitration.
GOVERNING LAW
The interpretation and enforcement of these
Terms, and any dispute related to these Terms, the Website or the Services,
will be governed by and construed and enforced in accordance with the laws of British
Virgin Islands, as applicable, without regard to conflict of law rules or
principles that would cause the application of the laws of any other
jurisdiction. You agree that we may initiate a proceeding related to the
enforcement or validity of our intellectual property rights in any court having
jurisdiction. With respect to any other proceeding that is not subject to
arbitration under these Terms, the courts located in British Virgin Islands
will have exclusive jurisdiction. You waive any objection to venue in any such
courts.
RISK FACTORS
You acknowledge the following serious risks
to any use of the Website, its Services, its ecosystem or as such the purchase
and/ or sale of its Token and expressly agree to not hold any Parties liable
should any of the following risks occur:
Threat of Regulatory Actions in One or More
Jurisdictions: The Website or the
Services could be impacted by one or more regulatory inquiries or regulatory
actions, which could impede or limit the ability of the Swiftco International
Corporation to continue to develop the Website or Services, or which could
impede or limit your ability to use the Website or Services or its Token.
Threat of Alternative, Unofficial Networks: It is possible that alternative Swiftco based networks could
be established, which utilize the same code and protocols underlying the sale
or purchase of its token including similiarity such as name. Moreover, Swiftco
International Corporation advises if unsure to immediately email support@swiftco.io
Threat of Insufficient Interest in the Swiftco
Network: It is possible that Swiftco will
not be used by a large number of businesses, individuals, and other
organizations and that there will be limited public interest in the purchase
and/or sale of its token impacting the demand.. Such a lack of interest could
impact the sale of Swiftco and potential uses of its Token. The Swiftco
International Corporation cannot predict the success of its own development
efforts or the efforts of other third parties.
Threat that the Website and Services, as
Developed, Will Not Meet the Expectations of User: You recognize that the Website and/or its Services and are
under development and may undergo significant changes over time. You
acknowledge that any expectations regarding the form and functionality of its
token held by you may not be met for any number of reasons including a change
in the design and implementation plans, specifications and execution of the
implementation of its Website, Services or the ecosystem.
Threat of Security Weaknesses: The Website and/ or its Services raise the possibility, of such
weaknesses including bugs into the core elements of the Website and or its
Services causing the system to lose the Tokens stored in one or more of your
accounts or other accounts or lose sums of other valued tokens. Furthermore,
despite our good faith efforts to develop and maintain the Website and its
Services, the Website and/ its Services may experience malfunctions or
otherwise fail to be adequately developed or maintained, which may negatively
impact the Website, its Services, and the purchase or sale of its Tokens.
Threat of Weaknesses or Exploitable
Breakthroughs in the Field of Cryptography: Cryptography,
an art, keeping information secure can change over time. Advances in cybercrime
including hacking, or technical advances, could present risks to cryptocurrencies
and the Website, services which could result in the theft or loss of Swiftco
Tokens. To the extent within its control and otherwise possible, Swiftco
International Corporation intends to update the protocol underlying the
Services to account for any advances in cryptography and to incorporate
additional security measures, but it cannot predict the future of cryptography
or guarantee that any security updates will be made in a timely or successful
manner.
Threat of Blockchain Network Attacks: Any blockchain used for Services may be susceptible to mining
attacks, including but not limited to: double-spend attacks, reorganizations,
majority mining power attacks, “selfish-mining” attacks, and work race
condition attacks. Any successful attacks present a risk to the Services that
Swiftco International Corporation offers, expected proper execution and
sequencing of transactions, and expected proper execution and sequencing of
contract computations. Known or novel mining attacks may be successful.
Threat of Rapid Adoption and Insufficiency: If the Services are rapidly adopted, the demand for
transaction processing and distributed application computations could rise
dramatically and at a pace that exceeds the rate with which Swiftco services
can provide. Under such a scenario, the Swiftco Network could become
destabilized, due to the increased cost of running distributed applications. In
turn, this could dampen interest in the Services, and its Tokens. Insufficiency
of computational resources and an associated rise in the price of Swiftco could
result in businesses being unable to acquire scarce computational resources to
run their distributed applications. This could result in lost revenues and
disruption or halting of business operations.
Threats Associated with New and Evolving
Laws: Swiftco, and by extension of its
Website and Services, may be subject to a variety of international laws and
regulations, including those with respect to financial or securities
regulations, consumer privacy, data protection, consumer protection, content
regulation, network neutrality, cyber security, data protection, intellectual
property (including copyright, patent, trademark and trade secret laws), defamation,
and others. Such laws and regulations, and the interpretation or application of
these laws and regulations, could change. In addition, new laws or regulations
affecting Swiftco could be enacted. As the Website, Services and Swiftco evolve,
we may be subject to new laws, and the application of existing laws to us might
change. These laws and regulations are frequently costly to comply with and may
divert a significant portion of the Swiftco International Corporation’s
attention and resources or restrict the way Swiftco may operate. If we fail to
comply with these applicable laws or regulations, we could receive negative
publicity and be subject to significant liabilities which could adversely
impact the Website, Services, and the sale and or purchase of Swiftco.
Market Risks: Swiftco Tokens are intended to be used solely in connection
within its ecosystem including but not limited to Sharetheload. We do not
support or otherwise facilitate any secondary trading or external valuation of Swiftco.
This restricts the contemplated avenues for using Swiftco Tokens, and could
therefore create illiquidity risk to the Swiftco Tokens you hold. Even if
secondary trading of Swiftco Tokens is facilitated by third party exchanges,
such exchanges may be relatively new and subject to little or no regulatory
oversight, making them more susceptible to market-related risks. Furthermore,
to the extent that third parties do ascribe an external exchange value to Swiftco
Tokens (e.g., as denominated in a digital or fiat currency), such value may be
extremely volatile and diminish to zero.
Specific Threats Relating to Value and
Function of Tokens: The utility benefits
of using Swiftco Tokens to access services provided by its ecosystem can only
materialize through user-driven adoption over time. Such adoption depends on a
variety of factors, including the pace of user adoption, the organic
community-driven expansion of the Swiftco Network. As such, the extent of user
adoption is entirely outside of Swiftco International Corporation’s control and
cannot be stated with any certainty. The price of Swiftco Tokens may fluctuate
in response to competitive and market conditions affecting the general supply
of and demand for user-requested services. These conditions are beyond our
control. The value of Swiftco Tokens may be lower than the price at which it
was purchased. The utility of Swiftco Tokens, and any value associated with
that utility, will depend on the ability of the Swiftco Network to adequately
facilitate user-requested services. Inadequate supply may result in such
services taking more time, while inadequate demand may make it difficult to
obtain services, both of which may discourage participation in the Swiftco
Network. No promises of future performance or value are or will be made with
respect to Swiftco Token, including no promise of inherent value, no promise of
continuing payments, and no guarantee that Swiftco Token will hold any
particular value.
Unanticipated Risks: Cryptographic tokens such as Swiftco Tokens are a new and
untested technology. In addition to the risks included in these Terms, there
are other risks associated with the Services that Swiftco is utilised in. Such
risks may further materialize as unanticipated variations or combinations of
the risks discussed in these Terms.
MISCELLANEOUS
Any right or remedy of Swiftco International
Corporation set forth in these Terms is in addition to, and not in lieu of, any
other right or remedy whether described in these Terms, under Applicable Law,
at law or in equity. Our failure or delay in exercising any right, power, or
privilege under these Terms will not operate as a waiver thereof. The
invalidity or unenforceability of any of these Terms will not affect the
validity or enforceability of any other of these Terms, all of which will
remain in full force and effect. We will have no responsibility or liability
for any failure or delay in performance of the Website or any of the Services,
or any loss or damage that you may incur, due to any circumstance or event
beyond our control, including without limitation any flood, extraordinary weather
conditions, earthquake, or other act of God, fire, war, insurrection, riot,
labor dispute, accident, action of government, communications, power failure,
or equipment or software malfunction. You may not assign or transfer any right
to use the Website or the Services, or any of your rights or obligations under
these Terms, without our express prior written consent, including by operation
of law or in connection with any change of control. We may assign or transfer
any or all of our rights or obligations under these Terms, in whole or in part,
without notice or obtaining your consent or approval. Headings of sections are
for convenience only and will not be used to limit or construe such sections.
These Terms contain the entire agreement and supersede all prior and
contemporaneous understandings between the parties regarding the Website and
the Services. If there is a conflict between these Terms and any other
agreement you may have with us, these Terms will control unless the other
agreement specifically identifies these Terms and declares that the other
agreement supersedes these Terms.
Trademark Guidelines
Sharetheload Global IP ( “Sharetheload Global IP”) have developed
these guidelines (“Guidelines”)
to ensure that Swiftco International Corporation trademarks and service marks
(“Marks”) are
properly displayed and used. As the owner of its Marks, Swiftco International
Corporation has exclusive rights to use its Marks and is obligated to prevent
others from using its Marks inappropriately. If use of the Swiftco
International Corporation’s Marks is authorized, it is expected that you will
comply in all respects with the requirements and conditions set forth in these
Guidelines and in any other guidelines promulgated by the Swiftco International
Corporation. Nothing contained in these Guidelines should be construed as
granting, by implication, estoppel, or otherwise, any license or right in and
to the Marks or other intellectual property owned by the Swiftco International
Corporation. Unauthorized use of any of the Marks or the Swiftco International
Corporation’s other intellectual property may violate the law. All rights not
expressly granted herein are reserved by the Swiftco International Corporation.
PROHIBITED USE
In order to ensure that you do not infringe
on any the Marks, you must avoid doing any of the following without the prior
written permission of Swiftco International Corporation:
-
Using a
Mark in a manner that is likely to directly or indirectly imply either an
affiliation with or an endorsement by the Swiftco International Corporation of
specific products, goods, services, materials, courses, or programs.
-
Using the
logo of its ecosystem or any Swiftco International Corporation logo in your
materials.
-
Using a
Mark in a manner that is likely to confuse the public about the origin of
products, goods, services, materials, courses, or programs.
-
Using a
mark similar enough to a Mark owned by Sharetheload Global IP that it could be
confused for a Swiftco International Corporation Mark (considering visual,
phonetic and connotations of the marks).
-
Altering,
adapting, modifying, animating or morphing any Marks.
-
Using the Swiftco
International Corporation name or Marks as the visual focal point of any
materials.
-
Using a
Mark in a manner that is likely to dilute, defame, disparage, or harm the
reputation of the Swiftco International Corporation.
-
PERMISSIBLE REFERENCES TO SWIFTCO
INTERNATIONAL CORPORATION MATERIALS
The Swiftco International Corporation
acknowledges that the use of Marks may be necessary to describe the subject
matter of some materials, products, and/or programs. Consequently, Swiftco
International Corporation does allow descriptive uses of its Marks; however,
the name Swiftco International Corporation and other Marks, may be used only
when necessary to describe the subject matter of the materials, products,
and/or programs. All uses must be accurate and descriptive in nature so there
is no likelihood of confusion to the public.
TRADEMARK PERMISSION REQUESTS
To request permission to use Swiftco
International Corporation Mark, please contact Swiftco International
Corporation at support@swiftco.io
DISCLAIMER
These Guidelines are not intended to serve
as legal advice. Should you have questions regarding your legal rights or
duties, please seek legal advice. Should you have further questions regarding
the policies of the Swiftco International Corporation with respect to its
Marks, please contact support@swiftco.io