Effective 07-02-2024

Please read ICONX’s Terms and Conditions (or “Terms”) carefully before using the platform or services described herein. By accessing the platform, and using ICONX, you are acknowledging that you have read these terms, as amended from time to time, and you are agreeing to be legally bound by them.

If you do not agree to these terms, or any subsequent amendments, changes, or updates, do not access ICONX or any of its affiliated Sellers’ websites or services.

Eligibility

By utilizing or being associated with ICONX, you confirm and guarantee that you:

• Are 18 years old or older and have the capacity to enter a legally binding contract;
• Have not been previously suspended or removed from ICONX or any of its affiliated Seller Platforms;
• Hold complete power and authority to enter into this agreement without violating any other existing agreements;
• Are not involved in, supporting, or facilitating any unlawful activities through your association with us or your use of the platform or services; AND
• Will abstain from using the platform or services if the laws in your country prohibit such usage in accordance with these terms.

We reserve the right to terminate your access to ICONX for any reason and in our sole and absolute discretion. Use of ICONX is deemed void, prohibited by applicable law.

Depending on your country of residence, you may not be able to use certain functions or features of ICONX provided herein. It is incumbent upon you to adhere to the rules and laws in your country of residence and/or the country from which you access ICONX.

General

These Terms govern the relationship between Users (referred to as “you”) and ICONX (or “we” or “us”).

ICONX reserves the right, at any time and at our sole discretion, to modify the terms or benefits included herein without notice to you. It is incumbent upon you to check these periodically.

For a comprehensive understanding of terminology, definitions, descriptions, rules, and other limitations pertaining to third parties, please refer to the Terms and Conditions outlined on the websites of the relevant third parties. By engaging with the ICONX platform you also agree to third-party Seller Platforms’ dedicated terms and conditions, in addition to the Terms and Conditions herein.

Restricted Users and Territories

In adherence to international regulations and compliance standards, ICONX imposes restrictions on certain users and territories, users residing in specific countries or territories subject to sanctions, embargoes, or trade restrictions are prohibited from accessing our platform and services. These restrictions extend to countries affected by embargoes imposed by the United States of America, Cuba, Iran, North Korea, Syria, as well as those impacted by European Union, United States of America, and/or United Arab Emirates embargoes. Additionally, users from countries included in sanction lists, such as the OFAC Sanctions list, are also restricted from accessing the services provided by ICONX.

Definitions

This section will be categorically expanded as and when the need arises to include additional terminology with the expansion of related services or products.

1. Customer pertains to the authorized actual user of products and services offered by ICONX, whether they are those owned by ICONX or any of the Seller Platforms.
2. ICONX Backoffice refers to the online platform provided by ICONX for Promoters, enabling them to manage their promotional activities, access communication materials, track commissions, and perform other related tasks essential for their participation in the ICONX Marketing Program.
3. ICONX Content refers to promotional and informational materials, such as documents, catalogs, presentations, images, videos etc., furnished by ICONX. It also includes all information, data, text, messages, software, music, photographs, graphics, and tags produced by us.
4. Seller Platform signifies ICONX-approved third-party partners providing services or products to ICONX Users through our platform.
5. ICONX Account signifies an account created on the ICONX platform.
6. ICONX Platform refers to the Backoffice, website and mobile application to access the products and services including the websites, portals, and any medium used that belong to ICONX or any of the Seller Platforms.
7. ICONX User refers to the ‘User’ (henceforth mentioned as the ‘User’) who becomes a member of the ICONX Marketing Program by signing up and completing subscription.
8. ICONX Services encompass the products and services offered or made available through ICONX or a Seller Platform, including subscription service.
9. Invitation Link designates the distinctive tracking link obtained upon becoming ICONX User by subscribing to any of the services offered on our platform, whether they are those owned by ICONX or any of the Seller Platforms.
10. Subscription Service refers to web or mobile-based sales software subscribed to, developed, operated, and maintained by us or any Seller Platform, accessible via the website iconx.network or another URL and/or mobile application made accessible through a Seller Platform.

 ICONX Services

The Platform allows its Users, who agree to the Terms, to buy products and services from its Seller Platform, which are made available and operated by third parties (hereinafter referred to as the “Seller Platforms”).

The purpose of this Platform is to offer an opportunity for Users to promote third-party products and services and earn benefits. When a User places an order from a Seller Platform, they agree to their policies, terms, and conditions and also agree that their information will be shared between ICONX and the Seller Platform to perform the services. ICONX only acts as a marketing provider of that Seller Platform and does not guarantee the return of any product and service provided.

ICONX shall not be liable or responsible for any products and services offered by Seller Platforms that do not meet the expectations of Users in any manner. Users are solely responsible for verifying the accuracy of the service provided therein. All products and services offered on ICONX platform are subject to a User’s acceptance of the Seller platform policies, terms, and conditions.

ICONX Account

A User can register on the Platform and choose a ‘username’ and a ‘password,’ both determined by the User themselves. The ‘username’ is unique, so that no two Users will ever share the same ‘username.’ In case the ‘username’ selected has already been assigned to another User, it is advised to use a variant of the same, or another ‘username’ altogether. The ‘password’ is confidential and known only to the User, who can change it whenever desired. Selecting and safeguarding the password is the User’s sole responsibility, and ICONX is not responsible for any issues arising from its use.

ICONX notifies Users about promotions that offer potential benefits in the ICONX Backoffice through email. Account details, including the ‘username’, registered email, registered phone number etc., may be received or shared with third-party companies for service provision. To access services requiring an additional Seller Platform account, users must undergo a registration process on the Seller Platform.

By using the Platform, Users affirm that the personal information provided is accurate and current, undertaking to promptly update any changes. Impersonation or the use of false names is prohibited. Registering multiple accounts under a single User is not allowed, and violating this may lead to account termination. Users must keep their passwords and/or secret phrases confidential, not sharing them with anyone. Users acknowledge and agree that secret phrases are not recoverable and losing them will stop the access to their account. They are responsible for all activities and orders under their account. If they suspect any unauthorized access, Users should promptly contact ICONX.

The Platform should not be used for unlawful or unauthorized purposes, including distributing objectionable material, interfering with others’ use of the Platform, or attempting unauthorized access through hacking, phishing, or any other fraudulent means.

Each User is expected to hold only one account, with service allowed in certain cases, but promotions may not be applicable. To delete an account, Users must contact ICONX via email or our chat feature, and formally submit a deletion request.

Subscription Order Submission

After a User reviews a product or service and elects to subscribe and complete an order on ICONX or a Seller Platform, they will need to finalize the subscription and place the order by clicking the ‘Checkout’ button. It is crucial that the User reviews the information they enter and correct anything amiss before clicking the ‘Checkout’ button, because once the order is placed, no errors can be rectified. Upon receiving the order, both ICONX and the Seller Platform will process the subscription and will notify the User via email once their order has been successfully placed.

If any payment a User makes is not authorized, they will be redirected to the previous page on the Platform. ICONX is not obligated to complete the order and provide the subscription service. The User is not entitled to cancel a subscription order or receive a refund unless the cancellation is a result of ICONX or the Seller Platform’s system default. Any credit or debit cards, electronic wallets, and/or bank account used in placing orders on the Platform must belong to the user.

User Responsibilities

While utilizing the Platform’s services, the User acknowledges and commits to the following:

• The information provided to us must be accurate. The User is solely responsible for any losses resulting from misinformation or inadequate information (e.g., forgetting the password). In such cases, their account may be terminated.
• The user is obligated to comply with ethical standards when promoting platform services. This encompasses to refer only individuals who genuinely express interest in the products and services provided by ICONX or a Seller Platform, and refraining from engaging in activities such as spamming, disseminating misleading information, or any other actions that could be construed as inaccurate, overpromising, dishonest or manipulative. This obligation extends to, but is not limited to, refraining from promoting products and services within private or public groups on any social media platform and disseminating inaccurate information about ICONX and a Seller Platform. These conditions are an integral part of the Terms and Promoter Agreement governing the use of our services.
• The User bears sole responsibility for personal ideas, opinions, statements made while using our services. The User agrees not to access our services in an unauthorized manner, alter the software, use modified software, or engage in any activity that violates the Platform’s identified and intended methods. ICONX is to be indemnified for material and moral losses if the User fails to comply with these provisions. ICONX is not responsible for damages resulting from unauthorized access to Users’ data, and the User agrees not to share threatening, immoral, racially offensive, unlawful, or inaccurate information.
• The User consents to all records or materials obtained using ICONX, taking absolute responsibility for any damage or loss of information caused on their device. The User shall not demand compensation for losses arising from service use. They should also refrain from using the services for advertising purposes without ICONX’s consent and acknowledge that ICONX may monitor systems at any time.
• The User agrees not to use the Platform for illegal purposes, engage in unauthorized mailing, or misuse information, including personal information of others, the Promotion Benefits and any other information displayed in the ICONX Backoffice. The User is responsible for any actions committed through their ‘username.’. The User is prohibited from unauthorized access attempts, interference with other Users’ accounts, uploading harmful files, or disrupting the Platform’s security.
• To purchase ICONX products and services, the User must be of statutory legal age. ICONX and/or the Seller Platforms reserve the right to request valid proof of age, refuse orders if legal age cannot be proven, ask for additional documents to verify user identity, and/or refuse subscriptions for any reason.

Prices And Payment

Upon acceptance of their order, an agreement is established between a User and the Seller Platform. ICONX does not provide any payment services to Users or third parties. Online payments are processed through the User’s bank account issuer or payment service provider and the providers in collaboration with ICONX and/or Seller Platform.

Prices displayed on the Platform are subject to applicable taxes. Users acknowledge that prices on the Platform may differ from those on the Seller Platform elsewhere, including their own websites and mobile applications. The presentation of product and service prices may vary depending on the Seller Platform, and, in accordance with applicable laws, the prices on our Platform. Prices, charges (including Subscription, transaction fee and Service fees), indicated on the Platform are at the time of each order and may be subject to later changes. ICONX and the affiliated Seller Platforms reserve the right to modify product and service prices and impose fees (including but not limited to subscription, transaction, or Service fees) for their services as deemed necessary for their business. The breakdown of prices and charges is displayed before checkout on our platform or the Seller Platform. By placing an order, a User must agree with all amounts, additional charges, and the final ‘Total’ amount displayed to them.

Payment Methods

When using their account as a payment instrument, Users can select from various payment methods available and indicated on the Platform. ICONX retains the right to introduce additional payment methods or remove existing ones at its sole discretion. If the User opts for an online payment method, the payment will be processed by third-party payment service provider(s), including the Seller Platform and their service partners. User’s credit card/payment information may be stored by third-party payment service provider(s) for future orders. ICONX itself does not store any credit card or payment information.

Before placing an order, a User must ensure that their credit and/or debit card, electronic wallet, or bank account have sufficient funds to fulfill the payment for an order. They must carefully read the applicable payment terms and disclaimers linked at the time of checkout for the payment type they select. The user is responsible for checking and verifying any payment made, as failure due to incorrect payment information including but not limited to unsupported digital or fiat currencies, wrong receiving wallet address or receiving bank account details will result in order cancellation.

Risk Disclosure

The Risk Disclosure section illustrates the risks involved in the use of services provided by the ICONX and Seller Platform. These risks, and any other risks that may arise either now or in the future, could result in loss or jeopardy of a User’s assets and affect the ability to receive any benefits available.

Before beginning to use the Services, Users should ensure that they have read and understood (and must represent and warrant that they have read and understood) the following risk disclosures. Users must note that this is not an exhaustive list of all of the risks associated with products and services.

The effectiveness of a User’s promotional efforts hinges entirely on their engagement and decisions. It is essential to note that not all activities and referrals may yield benefits, and results can vary. The User acknowledges that all benefits and earnings on the ICONX Platform are not assured and are susceptible to change. And any gains from promotional activities rely on various factors, including performance, market conditions, and network dynamics, which may undergo fluctuations over time. We explicitly disclaim any warranties or guarantees, be they express or implied, concerning potential income or financial outcomes associated with platform usage.

Users may seek professional advice before making any decisions. It is imperative that a Users must also check regularly the latest terms and conditions applicable to the services, as they may change from time to time.

1. No Advice and No Reliance
   • ICONX does not advise on the merits of any product and service, mining and trading risks, or tax consequences, and ICONX does not provide any other financial, investment, taxation or legal advice in connection with the Services. To the extent that we or our representatives provide market commentary, or any other information, the act of doing so is incidental to a User’s relationship with us and such information should not be construed as investment or financial advice. Any decision by the User to use the Services is their own independent decision. The User must represent that they are not relying on any communication (written or oral) by us as investment advice or as a recommendation to use the Services. ICONX will not be liable for any loss suffered by a User or any third party.
   • Users accept the risk of using the platform service. In entering into any transaction on the Platform, the User represents that they have been, are, and will be solely responsible for making their own independent appraisal and investigations into the risks of such transaction.
     They also represent that they have sufficient knowledge, market sophistication, professional advice, and experience to make their own evaluation of the merits and risks of any transactions entered into on the Platform or any product and service offered by seller platform.
   • ICONX is not a broker, agent, or advisor and has no fiduciary relationship or obligation to any and all Users in connection with any services or other decisions or activities effected by a User who chooses to proceed with our Services.
2. Risks of Digital Asset Services
   • Digital assets are highly volatile and carry a high degree of risk, subject to rapid and unexpected price fluctuations. The price of digital assets may move up or down and may become valueless.
   • Digital assets are not legal tender. They may not be backed by physical assets and are not guaranteed by a government. They may not have intrinsic value.
   • Transactions involving digital assets are irrevocable. Lost or stolen digital assets may be irretrievable. Once a transaction has been verified and recorded on a blockchain, loss or stolen digital assets generally will not be reversible.
   • Digital asset services including but not limited to mining and trading may incur losses rather than profit. Digital assets, being a high-risk asset class invites utmost caution while dealing or trading with them.
3. Digital Assets: Liquidity, Volatility & Transfers
   • Digital asset services can be extremely risky and volatile. They may have unique features that make them more or less likely to fluctuate in value.
   • Factors beyond ICONX’s or Seller Platform’s control, such as regulatory activity or unexplainable price volatility, may affect market liquidity for a particular digital asset. Blockchain networks may go offline as a result of bugs, forks or other unforeseeable reasons. Any digital asset may decrease in value or lose all of its value due to various factors including discovery of wrongful conduct, market manipulation, change to the nature or properties of the digital asset, governmental or regulatory activity, legislative changes, suspension or cessation of support for a digital asset or other platforms or service providers, public opinion, or other factors outside of our control. Technical advancements, as well as broader economic and political factors, may cause the value of any digital asset to change significantly over a short period of time.
   • Understanding digital assets requires advanced technical knowledge. Digital assets are often described in exceedingly technical language that requires a comprehensive understanding of applied cryptography and computer code to appreciate the inherent risks. We provide no warranty as to the suitability of digital assets for any products and services under these Terms and assume no fiduciary duty to any and all Users in connection with such use of the services.
   • Users accept all consequences of sending digital assets to an address off-the-platform. Digital asset transactions may not be reversible, which means that any accidental or fraudulent transactions in respect of digital assets may not be recoverable. Once a User sends any digital assets to an address, they accept the risk that theymay lose access to them indefinitely. For example, the network of the receiving wallet may be chosen incorrectly, or an address may have been entered incorrectly and the true owner of the address may never be discovered, or an address may belong to a person that will not return the digital assets.
4. Complex Products
   • Digital assets may be complex products by virtue that the terms, features and/or risk are not readily understood due to the complex structure, novelty and reliance on technological features.
   • Digital assets wallets, including those of ICONX and a Seller Platform, have certain limitations and restrictions in terms of the digital assets that they can support. Users will be informed of such limitations and under no circumstance should a User attempt to store digital assets in their wallet that it does not support. Doing so may result in irrevocable loss of the unsupported digital asset. When a User creates a wallet, the wallet software generates a cryptographic private and public key pair that they may use to send and receive any supported digital assets via the relevant network.
     Users are advised to store, outside of the products, a backup of all wallet credentials, including their passphrases, identifiers, backup phrases, private keys, and network addresses. If a User does not maintain a backup of their wallet data outside of the Products, they will not be able to access digital assets previously accessed using their wallet in the event that we discontinue or no longer offer some or all of the products. We do not have access to such data and are therefore NOT responsible for maintaining it on a User’s behalf. We do not receive or store any wallet passwords, keys, or network addresses, and hence cannot assist any User with the password retrieval for their wallet.

     ICONX and the Seller Platform have no control over any digital asset network and therefore cannot and do not ensure that any transaction details that a User submits using our products will be confirmed on the relevant digital asset network. The transaction details that a User submits using our products may not be completed or may be substantially delayed by the digital asset network used to process the transaction. We do not guarantee that the wallet can transfer the title or rights in any digital asset or make any warranties whatsoever with regard to the title. We shall not be responsible for any harm occurring as a result of the inability to reverse a transaction, and any losses in connection therewith due to erroneous or fraudulent actions.

     Since blockchain transactions are immutable, once transaction details have been submitted to a digital asset network, we cannot assist Users in cancelling or otherwise modifying their transaction or transaction details. We have no control over any digital asset network and do not have the ability to facilitate any cancellation or modification requests.

5. Blacklisted Addresses and Forfeited Assets
   ICONX and any of the affiliated Seller Platforms reserve the right to ‘blacklist’ certain addresses and freeze associated assets (temporarily or permanently) that they determine, in its sole discretion, are associated with illegal activity or activity that otherwise violates the Terms (“Blacklisted Addresses”). If a User sends assets to a blacklisted address or receive assets from one, ICONX may freeze such assets and take steps to terminate their account.
6. Reliance on Distributed Ledger Technology
   • Digital assets rely on various types of distributed ledger technology. Some of this technology is open-source software that is built upon experimental technology, namely blockchain. Risks arising from this reliance include the existence of technical flaws in the technology, targeting by malicious persons, majority-mining, consensus-based or other mining attacks, changes in the consensus protocol or algorithms, decreased community or miner support, rapid fluctuations in value of relevant digital assets, the existence or development of competing networks, platforms and assets, flaws in the scripting language, disputes between developers, miners and/or users and regulatory action.
   • The software protocols that underlie digital assets are typically open-source projects or are otherwise operated by third parties, which means that:
     • (i) The operations, functionalities, development and control of such digital assets and their underlying networks are outside of ICONX’s control; AND
     • (ii) Such software protocols are subject to sudden and dramatic changes that might have a significant impact on the availability, usability or value of a given digital asset.

7. Technology Challenges
   • Users must be aware and acknowledge that only they are responsible for securing their private key with respect to any address in their control. Lost or compromised control of their private key will permanently and irreversibly deny them access to their Digital Assets.
   • Users must understand that the platform’s reliance on internet and technology, exposes them to an increased risk of fraud or cyber-attack which includes, but not limited to:
     • (i) Distributed denial of service;
     • (ii) Phishing;
     • (iii) Social engineering;
     • (iv) Hacking;
     • (v) Smurfing;
     • (vi) Malware;
     • (vii) Majority-mining & other mining attacks:
     • (viii) Forks; AND
     • (ix)
   • Users must acknowledge that interruption, delay, corruption or loss of data, the loss of confidentiality in the transmission of data, or the transmission of malware may occur when transmitting data via the internet and/or other technologies which may result in delayed or non-execution of their instructions.
   • The above events may affect the features, functions, operation, use, access or other properties of the digital assets, their account, their wallet, or an agreed communication method. The User alone is responsible for protecting themself against such actions.
8. Digital Asset Creation and Distribution Risks
   Risks also arise from the different ways in which digital assets are issued and distributed. There are several ways to create and issue digital assets. The use of proof-of-work mining requires significant energy and runs counter to the global aim of transitioning to a low-carbon economy. The environmental impact of mining carries both ethical and reputational risks.
9. Operational Challenges
   • Users must be aware of and accept the risk of operational challenges that may impact the services. ICONX and/or a Seller Platform may experience sophisticated cyber-attacks, unexpected surges in activity or other operational or technical difficulties that may cause interruptions to the services. Users must understand that the services may experience operational issues that lead to delays.
   • Users must also agree to accept the risk of transaction failure resulting from unanticipated or heightened technical difficulties, including those resulting from sophisticated attacks. They must agree not to hold ICONX nor the Seller Platform liable for any related losses.
   • Users should acknowledge that the technology underlying digital assets is subject to change at any time, and such changes may affect their digital assets stored on the platform. The User is fully responsible for monitoring such technological changes and understanding their consequences with respect to their digital assets.
   • Users acknowledge that they use the services on their own account and ICONX does not take any responsibility for any loss or damage incurred as a result of such a use or a failure to understand the risks associated with the use of digital assets or our Services.
   • Digital assets depend on the availability and reliability of power, connectivity, and hardware. Interruption or failure of any of these things may disrupt the networks on which the digital assets rely and may affect a User’s ability to access or transact in digital assets.
10. Compliance with Jurisdictional Laws
    • Users are responsible for complying with all applicable laws where they reside or where they access the services from. They agree that ICONX is not responsible for determining whether or which laws and regulations may apply to their transactions, including but not limited to tax laws and regulations. The User is solely responsible for reporting and paying any taxes arising from their use of the Services.
    • Residents, tax residents or persons having a relevant connection with jurisdictions other than permitted jurisdictions are prohibited from using the ICONX platform and any of its services. Changes in a User’s place of domicile or applicable law may result in such a User violating any legal or regulatory requirements of their applicable jurisdiction. It is the duty of a User to ensure that their usage of Services is, and remains lawful despite changes to applicable law, their residence and circumstances.
    • Dealing in digital assets may be subject to the tax laws and regulations in a permitted jurisdiction. The tax treatment and accounting of digital assets (and any ancillary benefits) may vary amongst jurisdictions. If a User is unsure about the tax implications of their use of the services, they should seek independent professional advice.
11. Reliance on Third parties & Country Risks

The use of any services and the value of certain Digital Assets may rely on the acts of third parties or the fulfilment of related obligations by third parties. ICONX is not responsible for the acts or omissions of such third parties.

Usage of Services

Nothing on this website should be read or construed as constituting advice on the part of ICONX or any of its affiliates, directors, officers, or employees. The contents are for information and educational purposes only and ICONX assumes no liability for errors, inaccuracies, or omissions, nor does it warrant the accuracy, or completeness of information, text, graphics, links, or other items delivered or received via this domain. Any indication of past performance or simulated past performance included in advertisements published by ICONX is not a reliable indicator of future results. The User carries the sole responsibility for all the services that are carried out at ICONX.
As a pre-requisite of visitation or use of this domain, Users agree to indemnify and hold ICONX and its employees and affiliates harmless from and against any and all losses, damages, liabilities, costs, charges, and expenses arising out of any use or reliance upon information obtained through this domain.

By using the service, Users acknowledge that:

• They are aware of all the risks associated with the service;
• Have the financial capability to finance their participation;
• Their use of the platform, the service and content, is at their own discretion and risk; AND
• They will be solely responsible for any resulting consequences.

Warranties

The ICONX Platform and Services are provided on an “AS IS” and “AS AVAILABLE” basis, inclusive of all faults and defects. To the maximum extent permitted by applicable law, ICONX disclaims all representations and warranties, and any and all Users explicitly waive all warranties of any kind. This includes, but is not limited to, assurances regarding uninterrupted service, harmlessness, security, compatibility, meeting requirements, achieving intended benefits and results, error-free performance, and the correction of errors or defects. No warranties are provided concerning merchantability, suitability, reliability, availability, timeliness, accuracy, satisfactory quality, fitness for a particular purpose, quality, title, and non-infringement. This also extends to any services related to ICONX offered by third parties.

Specifically, ICONX makes no representations and warranties, whether express, implied, statutory, or otherwise, regarding any payment services and systems provided by a third party or any other services related to the ICONX Platform and Services.

Users acknowledge that they do not rely on, and have not been induced to accept, the ICONX Platform and any of its services, or the services provided by any of the Seller Platforms, based on any warranties, representations, covenants, undertakings, or any other statement whatsoever, other than those expressly set out in these Terms. ICONX, its agents, officers, employees, or advisers have not given any such warranties, representations, covenants, undertakings, or other statements.

Limitation Of Liability:

ICONX and its respective officers, employees, or agents will not be liable to any User or anyone else, to the maximum extent permitted by applicable law, for any damages of any kind, including, but not limited to, direct, consequential, incidental, special, or indirect damages. These damages include but are not limited to lost profits, digital asset losses, or damages resulting from the use or loss of use of ICONX Services or the seller platform, even if ICONX has been advised of the possibility of such damage or losses. This applies to the use or attempted use of the ICONX Platform and services, or other related websites or services.

ICONX will not be responsible for any compensation, reimbursement, or damages arising from:

• A User’s inability to use the ICONX Platform and Services, including any termination or suspension of the ICONX platform or these Terms, system failures, mistakes, omissions, errors, defects, viruses, delays in operation or transmission, or any failure of performance;
• Any investments, expenditures, or commitments in connection with these Terms or a User’s use of or access to the ICONX Platform and services;
• Their reliance on any information obtained from ICONX;
• A Force Majeure event, communications failure, theft, or other interruptions; AND/OR
• Any unauthorized access, alteration, deletion, destruction, damage, loss, or failure to store any data, including records, private keys, or other credentials, associated with ICONX Platform and services or the Seller Platform.

Users agree to defend, indemnify, and hold ICONX and its respective employees, officers, directors, and representatives harmless from any claims, demands, action, damages, loss, liabilities, costs, and expenses (including reasonable attorney fees) arising from or relating to:

• Any third-party claim concerning these Terms;
• Their use of, or conduct in connection with, ICONX Platform and services;
• Any feedback that the User provides;
• A violation or disregard of these Terms; AND/OR
• A violation of any rights of any other person or entity.

If a User is obligated to indemnify us, we reserve the right, in our sole discretion, to control any action or proceeding (at our expense) and determine whether we wish to settle it. If we are obligated to respond to a third-party subpoena or other compulsory legal order or process, the associated User will reimburse us for reasonable attorney fees, as well as our employees’ and contractors’ time and materials spent responding to the third-party subpoena or other compulsory legal order or process at reasonable hourly rates.

The information, products, and services included in or available through ICONX may include inaccuracies or typographical errors. Improvements and changes are periodically added to the information in the ICONX Platform and can be made at any time.

Rights and Obligations

In case of a dispute with a User, ICONX is required to substantiate that the ICONX service under dispute was not impacted by technical or other failures. Users have the opportunity, contingent on technical availability, to review transaction details, statistics, and the available balance on the ICONX platform or affiliated third-party platforms at any time by accessing their account.

Users are prohibited from acquiring or attempting to acquire any materials or information through means not intentionally made available or provided to them or the public through the ICONX Platform and Services.

We reserve the right, at our sole discretion, at any time, for any or no reason, and without liability to any User, with prior notice to:

• Terminate all rights and obligations between a User and ICONX as derived from these Terms.
• Suspend access to all or a portion of ICONX Services, the Seller Platform, and its related services, or any portion thereof, and delete or deactivate a User’s ICONX Account along with all related information and files in such an account.
• Modify, suspend, or discontinue, temporarily or permanently, any portion of ICONX Platform and services.
• Provide enhancements or improvements to the features and functionality of the ICONX Platform and services, including patches, bug fixes, updates, upgrades, and other modifications.

Any such change may alter or remove specific portions, features, or functionalities of the ICONX Services. Users agree that ICONX is not obligated to provide any updates or continue to offer or enable any particular portion, features, or functionalities of the ICONX Services to them. Furthermore, Users acknowledge that all changes will be considered an integral part of the ICONX Platform, subject to these Terms.

In the event of a breach of these Terms or any related platform policies and agreements by a User, including, but not limited to, legal grounds related to anti-money laundering regulations, or other applicable regulations, all rights and obligations between the said User and ICONX as derived from these Terms and platform policies and agreements automatically terminate if they fail to comply within the notice period of three (3) days after being warned by ICONX about the breach. ICONX reserves the right to maintain these rights and obligations despite the User’s breach.

Upon termination, ICONX will make reasonable efforts to facilitate the return of any funds of a User stored on the ICONX platform or Seller Platform unless fraud, negligence, or other misconduct is suspected by ICONX. The User acknowledges that their account on ICONX Platform or the Seller Platform account may be suspended.

Intellectual Property

All copyright and intellectual property rights, encompassing inventions, discoveries, know-how, processes, marks, methods, compositions, formulae, techniques, information, content and data, whether or not eligible for patent, copyright, or trademark protection, as well as any trademarks, copyrights, or patents derived from them, are retained by ICONX. This pertains to the comprehensive content and materials found on the ICONX Platform or provided in conjunction with the Services, including but not limited to the ICONX logo, designs, text, graphics, images, information, data, software, source code, and their compilation. The safeguarding of this material is governed by international copyright and intellectual property laws, particularly trademarks. These Terms should not be construed to imply the assignment of copyright or other intellectual property rights unless explicitly specified in these Terms.

ICONX hereby grants Users a limited, nonexclusive, and non-sublicensable license to access and use ICONX’s copyrighted content, works, and other intellectual property for their personal use. This license is contingent upon compliance with these Terms and strictly prohibits modifying, making derivative uses, publishing, transmitting, reverse engineering, or exploiting the copyrighted work and other intellectual property beyond their intended purposes. The granted license automatically terminates if ICONX suspends or terminates a User’s access to the services or their ICONX account.

Exclusive rights, including all intellectual property rights, to any feedback provided by a User concerning ICONX Services or related products, such as information, content, suggestions, ideas, or other materials conveyed through email, posts on the ICONX Platform, ICONX account, or otherwise, shall be owned by ICONX. All Users irrevocably assign any and all intellectual property rights related to such feedback, without limitation in time, scope, or territory. Any feedback submitted is considered non-confidential and becomes the sole property of ICONX, entitling ICONX to unrestricted use, modification, or dissemination of the feedback for any purpose, commercial or otherwise, without acknowledgment or compensation to the User. By submitting feedback, the User waives any rights they may have to it. We reserve the right to remove any postings on the ICONX Platform that, in our opinion, do not comply with the content standards defined by these Terms.

Final Provisions

Persons lacking the capacity to assume legal rights and obligations are prohibited from creating an ICONX account and/or utilizing the ICONX Platform and Services. If ICONX identifies such an account creation or usage by any individual or legal entity, ICONX will promptly delete the account, deactivate associated services, and block access to both the ICONX account and services.

Should any provision of these Terms become illegal, invalid, or unenforceable, the legality, validity, and enforceability of the remaining provisions will remain unaffected. The problematic provision will be considered modified and replaced by a legally valid and enforceable provision or arrangement that aligns as closely as possible with the intent and business purpose reflected in these Terms.

Any failure or delay on our part to enforce any right or legal remedy specified in these Terms does not constitute a waiver, nor does any partial exercise of such rights or remedies impede further enforcement or the exercise of other rights or remedies.

ICONX reserves the unilateral right to modify, amend, supplement, or alter these Terms at its discretion and for any reason. Users are advised to periodically review these Terms, with any changes becoming effective upon continued use of ICONX Services. Users who disagree with the alterations must discontinue using ICONX Services, communicate their disagreement, and request the closure of their ICONX account within fourteen (14) days of the published alteration. Failure to express disagreement in the aforementioned time will be deemed as acceptance of the modified Terms. Assignment or transfer of rights or obligations under these Terms requires prior written consent from ICONX, while ICONX may freely assign or transfer its rights without user consent.

These Terms are governed, construed, and enforced in accordance with the Laws of the United Arab Emirates and shall be interpreted as a United Arab Emirates contract. Any transaction, dispute, controversy, claim, or action arising from or related to the ICONX Platform, or these Terms will be governed by the Laws of the UAE, excluding choice-of-law principles.

The rights and remedies granted to ICONX by these Terms are cumulative and additional to all other rights and remedies available to ICONX under the law.

ICONX reserves the right to transfer its rights and obligations under these Terms to other entities or any firm acquiring all or substantially all of ICONX’s assets or business. Users who do not consent to such transfer can terminate the agreement and close their ICONX account