Legal
Terms of Service
1. Agreement
These Terms of Service ("Terms") are a binding agreement between you and Giftworld Digital LLC ("GiftoV3," "we," "us"), a company registered in the British Virgin Islands, governing your use of the GiftoV3 website, self-custodial wallet, migration, and related services (the "Services"). By accessing or using the Services, you agree to these Terms and to our Privacy Policy. If you do not agree, do not use the Services.
2. Definitions
- Wallet — the self-custodial wallet GiftoV3 provides; you hold the keys and control the assets.
- GFTW — the Giftworld token used across the Services.
- GFT — the legacy Gifto token eligible for migration.
- Migration — the conversion of legacy GFT to GFTW at the published ratio.
- GFTPay — GiftoV3's payments product (not yet live).
- Self-custodial — you hold your own keys; GiftoV3 never takes custody of your funds. GFTW trades within the platform; external on-chain transfers open at listing (a token-level launch lock, not custody).
3. Eligibility
You must be at least 18 years old and legally able to enter these Terms. You may not use the Services if you are located in, ordinarily resident in, or a national of any comprehensively sanctioned jurisdiction (including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions, and the Russian Federation), any FATF high-risk jurisdiction, or any jurisdiction where use of the Services would be unlawful; nor if you are on any applicable sanctions list (e.g., OFAC SDN). You must complete any required identity verification (KYC).
4. Accounts
You register with an email address. You agree to provide accurate information, keep your credentials secure, and remain responsible for activity under your account. Notify us immediately of any unauthorized use. We may refuse, suspend, or close accounts to comply with law or these Terms.
5. Self-custody
GiftoV3 is non-custodial: you hold your own keys, and GiftoV3 never holds, controls, or can move your funds. GFTW trades within the platform, and external on-chain transfers become available at listing (a token-level launch lock).
- GiftoV3 is not a bank, and balances are not bank deposits or insured by any deposit-insurance scheme.
- We will never ask for a seed or recovery phrase.
- Because GiftoV3 holds no user funds, there are no user balances for us to lose or misappropriate; you are responsible for securing your own keys and recovery phrase. We secure the platform and contracts through audits and controls, but no system is risk-free (see Section 12).
6. Migration
Migration converts legacy GFT to GFTW at a ratio of 20:1, based on a snapshot and within a redemption window we publish. Unclaimed GFTW after the window returns to the treasury. Migrated tokens are liquid at claim with no lockup; an early-sell fee may apply (Section 9). Migration mechanics, dates, and eligibility are as published and may be adjusted for legal, security, or operational reasons.
7. Tokens; no investment advice
GFTW is a utility token used within the Services. We make no promise or guarantee of any price, value, profit, return, liquidity, or exchange listing. Token values can be volatile and may fall to zero. Total supply is fixed at a cap of 1,000,000,000 GFTW with no inflationary minting; tokens are distributed from fixed pools and the cap is never exceeded. Nothing in the Services is financial, investment, legal, or tax advice. You are solely responsible for your decisions and your tax obligations.
8. GFTPay
GFTPay is not yet live. When available, it may be offered market by market, subject to additional terms and to third-party processors, card networks, and regulatory clearance. Availability is not guaranteed and may change or be withdrawn.
9. Fees
Fees applicable to migration, swaps, withdrawals, and (when live) payments are disclosed in the Services at the point of the relevant transaction and/or in a published schedule. This includes a temporary, tapering early-sell fee on migrated tokens, shown at the point of sale. We may change fees with notice as permitted by law.
10. Acceptable use
You agree not to use the Services to: break any law; launder money or finance illicit activity; commit fraud or market manipulation; infringe others' rights; circumvent KYC/AML or sanctions controls; interfere with or attack the Services; or use them on behalf of a sanctioned or prohibited person. We may investigate and act on violations.
11. Compliance, KYC/AML
We operate a compliance program and may verify your identity, monitor activity, request information, and freeze, restrict, or report accounts or transactions where required by law or to prevent financial crime.
12. Risk disclosure
Using the Services involves significant risk, including market/price risk, regulatory and classification risk, self-custody and operational risk, smart-contract and technical risk, liquidity and listing risk, and execution risk. You accept these risks. A fuller description appears in the GiftoV3 Whitepaper and is incorporated by reference. Do not transact with funds you cannot afford to lose.
13. Intellectual property
The GiftoV3 name, brand, logo, and Service content are owned by Giftworld Digital LLC or its licensors and may not be used without permission. You retain rights to content you submit, and grant us a license to use it as needed to operate the Services.
14. Third-party services
The Services rely on or link to third parties (payment, card, on-ramp, infrastructure, and compliance providers). We are not responsible for third-party services, and your use of them may be subject to their terms.
15. Disclaimers
The Services are provided "as is" and "as available," without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, and non-infringement, to the maximum extent permitted by law. We do not warrant that the Services will be uninterrupted, secure, or error-free.
16. Limitation of liability
To the maximum extent permitted by law, GiftoV3 and its affiliates will not be liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, data, or assets. Our total aggregate liability arising out of or relating to the Services will not exceed the greater of (a) the fees you paid us in the twelve (12) months before the claim, or (b) US$100. Some jurisdictions do not allow certain limitations, which may not apply to you.
17. Indemnification
You agree to indemnify and hold harmless GiftoV3 and its affiliates from claims and costs arising out of your use of the Services, your violation of these Terms, or your violation of any law or third-party right.
18. Suspension and termination
We may suspend or terminate access to the Services, with or without notice, for legal, security, compliance, or operational reasons or for breach of these Terms. You may stop using the Services at any time. Provisions that by their nature should survive termination will survive.
19. Governing law and disputes
These Terms are governed by the laws of the British Virgin Islands, without regard to conflict-of-laws rules. Any dispute shall be finally resolved by arbitration seated in the British Virgin Islands, in English, before a single arbitrator under the BVI IAC Rules. To the extent permitted by law, you and GiftoV3 waive any right to bring or join a class, collective, or representative action.
20. Changes to these Terms
We may update these Terms. We will post the updated version with a new effective date and, where appropriate, provide additional notice. Continued use after changes means you accept the updated Terms.
21. Contact
Questions: support@giftov3.com
Giftworld Digital LLC, British Virgin Islands.
← Back to home