Terms and Conditions
Welcome to the MapleX decentralized cloud storage platform. By using our services, you agree to the following terms and conditions, which outline your responsibilities and the conditions under which MapleX operates. Please read these terms carefully, as they include important information about your rights, potential risks, and the MapleX project structure.
1. Overview of MapleX
MapleX is a decentralized cloud storage platform that combines cutting-edge technologies, including blockchain integration and encrypted cloud storage. The MapleX system operates in two phases:
- Phase 1: Proof of Stake (PoS) — Users stake MapleX coins to earn rewards and support the network.
- Phase 2: Proof of Work (PoW) — Users will contribute real storage space through the MapleX decentralized cloud network.
These phases enable a sustainable and scalable model for decentralized cloud storage, ensuring users can participate and benefit from both staking rewards and network storage contributions.
2. Risks and Disclaimer
By participating in the MapleX project, you acknowledge and accept that:
- No Responsibility for Loss of Funds: MapleX, its creators, and affiliated entities are not responsible for any loss of funds that may occur as a result of the MapleX project failing to operate as intended, technical issues, security vulnerabilities, or financial inadequacies.
- Uncertain Future of Proof of Work: You acknowledge that if insufficient funds are raised or other requirements for starting the Proof of Work phase are not met, MapleX may not transition from Proof of Stake to Proof of Work as planned. In this case, any funds you have staked in the system may not be recoverable.
- No Guarantees of Continued Service: MapleX makes no guarantees about the continued operation of the Proof of Stake system or any other part of the platform. The system may be interrupted, suspended, or terminated without liability or notice, in which case you agree that you are not entitled to a refund or compensation.
3. Proof of Stake and Proof of Work Transition
- Right to Transition: At any time, MapleX reserves the right to shut down the Proof of Stake system and transition to the Proof of Work phase without prior notice. This transition is necessary to ensure the long-term scalability and sustainability of the platform.
- No Obligation for Notification: MapleX is not required to provide any prior notice or warnings to users before making changes, including the transition from Proof of Stake to Proof of Work or any system shutdowns that may occur during the transition process.
- User Obligations: By continuing to use the platform, you agree that you will not hold MapleX responsible for any inconvenience, loss, or impact that may result from the shutdown of the Proof of Stake system or the shift to the Proof of Work model.
4. Governing Law and Limitation of Legal Recourse
- Personal Risk: You acknowledge and accept that participating in the MapleX project, including staking, transactions, and any involvement in the Proof of Work phase, is done at your own personal risk. You assume full responsibility for any potential losses, including financial losses, service interruptions, or security breaches.
- No Legal Recourse: By accepting these Terms and Conditions, you waive any rights to initiate legal proceedings or pursue legal recourse against MapleX, its founders, team members, or affiliates for any losses, damages, or claims arising from your participation in the platform.
- No Claims Against MapleX: You agree that MapleX and its associated entities are not liable for any losses, including but not limited to the loss of funds, data, or services. By accepting this agreement, you agree not to bring any legal action, claims, or demands against MapleX or its affiliated parties for any reason whatsoever.
- Binding Agreement: By continuing to use the platform after accepting these Terms and Conditions, you acknowledge that this agreement is legally binding and that any disputes will be resolved according to the laws of [Country/Region], with no recourse to personal lawsuits.
5. General Terms
- Eligibility: By using the MapleX platform, you confirm that you are at least 18 years old and legally able to participate in blockchain-related activities in your country of residence.
- Amendments to Terms: MapleX reserves the right to modify, update, or amend these Terms and Conditions at any time. Any changes will take effect immediately upon posting, and your continued use of the platform constitutes your acceptance of the updated terms.
- Limitation of Liability: To the maximum extent permitted by law, MapleX, its founders, team members, and partners disclaim any liability for any loss or damage arising from your use of the platform, including but not limited to financial losses, data breaches, or system failures.
- Governing Law: These terms are governed by the laws of [Country/Region], and any disputes arising from your use of the platform will be subject to the exclusive jurisdiction of the courts in CANADA.
6. Contact Information
If you have any questions or concerns about these Terms and Conditions or the MapleX project, please contact us at maplex@tuta.io.