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Status Network - Website Terms of Use

Last updated: 29 January 2025

These website terms of use ("Website Terms of Use") are entered into by you and us, and they govern your access and use of this Website, including any content and functionality contained in the Website.

It is your responsibility to read the Website Terms of Use carefully before your use of the Website and your use of the Website means you have agreed to be bound and comply with these Website Terms of Use.

If you do not agree with these Website Terms of Use, you must not access or use the Website.

Who we are​

For the purposes of these Website Terms of Use, the relevant entity is the Status Research & Development GmbH, a Swiss company with its registered office at Baarerstrasse 10, Zug, Switzerland, and includes its "representatives", which means Status' affiliates, directors, officers, employees, agents and any other representatives of Status.

For the purposes of these terms, "representatives" also includes Status core contributors without prejudice to the other legal categories mentioned. Our contact information can be found at the end of the Website Terms of Use.

Whenever we refer to "Status", "we", "us" or any other similar references, we are referring to Status Research & Development GmbH.

Disclaimers​

The Website is provided by us on an 'as is' basis and you use the Website at your own sole discretion and risk.

We disclaim all warranties of any kind, express or implied, including without limitation the warranties of merchantability, fitness for a particular purpose, and non-infringement of intellectual property or other violation of rights. We do not warrant or make any representations concerning the completeness, accuracy, legality, utility, reliability, suitability or availability of the use of the Website, the content on this Website or otherwise relating to the Website, such content or on any sites linked to this site. These disclaimers will apply to the maximum extent permitted by applicable law.

We make no claims that the Website or any of its content is accessible, legally compliant or appropriate in your jurisdiction. Your access or use of the Website is at your own sole discretion and you are solely responsible for complying with any applicable local laws.

The content herein or as accessible through the Website is intended to be made available for informational purposes only and should not be considered as creating any expectations or forming the basis of any contract, commitment or binding obligation with us. No information herein shall be considered to contain or be relied upon as a promise, representation, warranty or guarantee, whether express or implied and whether as to the past, present or the future in relation to the projects and matters described herein.

The information contained herein does not constitute financial, legal, tax, or other advice and should not be treated as such.

Forward looking statements​

The Website may also contain forward-looking statements that are based on current expectations, estimates, forecasts, assumptions and projections about the technology, industry and markets in general.

The forward looking statements, which may include statements about the roadmap, project descriptions, technical details, functionalities, features, the development and use of tokens by projects, and any other statements related to such matters or as accessible through this website are subject to a high degree of risk and uncertainty. The forward looking statements are subject to change based on, among other things, market conditions, technical developments, and regulatory environment. The actual development and results, including the order and the timeline, might vary from what's presented. The information contained herein is a summary and does not purport to be accurate, reliable or complete and we bear no responsibility for the accuracy, reliability or completeness of information contained herein. Because of the high degree of risk and uncertainty described above, you should not place undue reliance on any matters described in this website or as accessible through this website.

To the extent tokens are referenced on this Website, we note that they have not been registered under any securities laws and must not be offered or sold in any jurisdiction where such offer or sale would be prohibited. The information contained on this Website does not constitute a prospectus, nor an offer to buy, a solicitation or an invitation to buy, or a recommendation for any token or any security.

While we aim to update the Website regularly, all information, including the timeline and the specifics of each stage, is subject to change and may be amended or supplemented at any time, without notice and at our sole discretion.

Intellectual property rights​

Unless indicated otherwise, the Website, its materials and functionality (including but not limited to information, text, images, the design, selection and arrangement thereof) are owned by Status, its licensors or other providers of such materials and are protected by copyright, trademark or any other intellectual property or proprietary rights laws.

To the extent the Website provides any links to a third party website, then their terms and conditions, including privacy policies, govern your use of those third party websites. By linking such third party websites, we do not represent or imply that we endorse or support such third party websites or content therein, or that we believe such third party websites and content therein to be accurate, useful or non-harmful. We have no control over such third party websites and will not be liable for your use of or activities on any third party websites accessed through the Website. If you access such third party websites through the Website, it is at your own risk and you are solely responsible for your activities on such third party websites.

Limitation of liability​

We will not be held liable to you under any contract, negligence, strict liability, or other legal or equitable theory for any lost profits, cost of procurement for substitute services, or any special, incidental, or consequential damages related to, arising from, or in any way connected with these Website Terms of Use, the Website, the content on the Website, or your use of the Website, even if we have been advised of the possibility of such damages. In any event, our aggregate liability for such claims is limited to EUR 100 (one hundred Euros). This limitation of liability will apply to the maximum extent permitted by applicable law.

Indemnity​

You shall indemnify us and hold us harmless from and against any and all claims, damages and expenses, including attorneys' fees, arising from or related to your use of the Website, the content on the Website, including without limitation your violation of these Website Terms of Use.

Modifications​

We may modify or replace any part of this Website Terms of Use at any time and without notice. You are responsible for checking the Website periodically for any changes. The new Website Terms of Use will be effective immediately upon its posting on the Website.

Governing law​

Swiss law governs these Website Terms of Use and any disputes between you and us, whether in court or arbitration, without regard to conflict of laws provisions.

Disputes​

In these terms, "dispute" has the broadest meaning enforceable by law and includes any claim you make against or controversy you may have in relation to these Website Terms of Use, the Website, the content on the Website, or your use of the Website.

We prefer arbitration over litigation as we believe it meets our principle of resolving disputes in the most effective and cost effective manner. You are bound by the following arbitration clause, which waives your right to litigation and to be heard by a judge. Please note that court review of an arbitration award is limited. You also waive all your rights to a jury trial (if any) in any and all jurisdictions.

If a (potential) dispute arises, you must first use your reasonable efforts to resolve it amicably with us. If these efforts do not result in a resolution of such dispute, you shall then send us a written notice of dispute setting out (i) the nature of the dispute, and the claim you are making; and (ii) the remedy you are seeking.

If we and you are unable to further resolve this dispute within sixty (60) calendar days of us receiving this notice of dispute, then any such dispute will be referred to and finally resolved by you and us through an arbitration administered by the Swiss Chambers' Arbitration Institution in accordance with the Swiss Rules of International Arbitration for the time being in force, which rules are deemed to be incorporated herein by reference. The arbitral decision may be enforced in any court. The arbitration will be held in Zug, Switzerland, and may be conducted via video conference virtual/online methods if possible. The tribunal will consist of one arbitrator, and all proceedings as well as communications between the parties will be kept confidential. The language of the arbitration will be in English. Payment of all relevant fees in respect of the arbitration, including filing, administration and arbitrator fees will be in accordance with the Swiss Rules of International Arbitration.

Regardless of any applicable statute of limitations, you must bring any claims within one year after the claim arose or the time when you should have reasonably known about the claim. You also waive the right to participate in a class action lawsuit or a classwide arbitration against us.

About these Website Terms of Use​

These Website Terms of Use cover the entire agreement between you and us regarding the Website and supersede all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect to the Website.

The captions and headings identifying sections and subsections of these Website Terms of Use are for reference only and do not define, modify, expand, limit, or affect the interpretation of any provisions of these Website Terms of Use.

If any part of these Website Terms of Use is held invalid or unenforceable, that part will be severable from these Website Terms of Use, and the remaining portions will remain in full force and effect. If we fail to enforce any of these Website Terms of Use, that does not mean that we have waived our right to enforce them.

If you have any specific questions about these Website Terms of Use, please contact us at [email protected].

This document is licensed under CC-BY-SA.