Effective date : July 1th, 2022
These Terms of Use (the "Terms" or "Terms of Use") defines the relationship between Social infra tech, Inc. ("Social infra tech", "Company", "we", "us", or "our"), which provides a mobile application (the “App”) managing Protocon accounts and Protocon assets, and users of the Service ("User", "Member", "you", or "your"). The Website, the App or other services offered from time to time are referred to here as the “Services” or “Protocon Wallet”.
Please read these Terms of Use carefully before using the Service. By using or otherwise accessing the Service, you (i) accept and agree to these Terms and (ii) agree to any additional terms, rules and conditions of participation issued by Social infra tech from time to time and (iii) agree to the Privacy Policy. If you do not agree to the Terms, then you may not access or use Protocon Wallet. If we are unable to provide the Service for any technical or inevitable reasons, we may suspend the registration and prohibit from using the Service. We should notify you if we're unable to provide the Service or reject/suspend the registration, using any possible means.
Social infra tech reserves the right, at its sole discretion, to modify or replace the Terms of Use at any time, as long as the modifications don't violate "Act on the Regulation of Terms and Conditions", "Act on Promotion of Information and Communications Network Utilization and Information Protection, Etc.", and other applicable laws. We will notify you of reasons for such modifications and the effective date of such modifications at least 7 days in advance, using reasonable means to notify. Moreover, in the event of material modifications of the Terms that may put you at a disadvantage, we shall make notifications at least 30 days in advance with clear comparisons of the contents that have been changed. If you do not consent to the modified terms and conditions, we may not be able to apply the modified Terms and provide applicable Service; and you can terminate this Terms of Use. If we cannot provide the Service complying with the previous Terms for any reason, Social infra tech may terminate this Terms of Use.
Some of the Service may require additional terms and conditions. You should comply with applicable laws and regulations of Korean jurisdiction for the terms and conditions not specified in these Terms.
Social infra tech safely manages and protects Members' personal information according to "Act on Promotion of Information and Communications Network Utilization and Information Protection, Etc.", "Personal Information Protection Act", and other applicable regulations.
When setting up an account within Protocon Wallet, you will be responsible for keeping your own account secrets, which may be a private key for Protocon ("Protocon Wallet Key"), a twelve-word phrase to create or restore Protocon accounts in hierarchical deterministic way ("Seed Phrase" or “Recovery Phrase”), a password to unlock Protocon Wallet ("Password"), an account file, or other locally stored secret information. Protocon Wallet encrypts this information locally with a password you provide, that we never send to our servers. You agree to (a) keep your secret information and password confidential and do not share them with anyone else and (b) immediately notify Social infra techof any unauthorized use of your account or breach of security. Except for the case of Social infra tech’s willful misconduct or gross negligence, Social infra tech shall not be liable for any direct or indirect loss or damage arising from your failure to comply with this section.
Social infra tech shall try its best to provide its Service in a stable manner, 24 hours a day, all year around, and comply with the Terms and applicable laws and regulations. Social infra tech shall pay attention to your valuable opinion or explicit complains. You may at any time provide your opinion or communicate matters requiring improvement related to the Service through contact e-mail: [email protected]. The Company may provide updates on how they were or will be handled via appropriate electronic means, such as e-mail.