Terms of Use
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Last Updated: Jun 15th, 2020

Please read these Terms of Use (« Terms », « Terms of Use », “Agreement”) carefully before using the www.infinitowallet.io website and related mobile applications and products we offer (the « Services » or « Infinito Wallet ») operated by Infinito Solutions Pte Ltd. (« Infinito Solutions », »us », « we », or « our »).

By accessing or using the Services you agree to be bound by these Terms. If you disagree with any part of the terms you may not access the Services.

How You Accept This Policy 

By creating or importing a wallet (a « Wallet »), creating an Infinito account or visiting our website, you agree to be bound by these Terms, all applicable laws and regulations, the accompanying Privacy Policy and agree that you are responsible for compliance with any applicable local laws. We may make changes to these Terms, including when there are changes in our Services, technology, regulation or for other reasons. If we do, we will provide you with notice of such changes by posting the updated Terms on our website and changing the “Last Updated” date above. Your continued use of Infinito Wallet following any such change will signify your acceptance to be bound by the then current Terms. Failure or delay by Infinito Wallet in enforcing or partially enforcing any provision of these Terms shall not be construed as a waiver of any rights.

The Infinito Solutions Services

Infinito Solutions Services (a) provides a way to store, use, and manage cryptocurrencies (“Virtual Currency”) that Infinito Solutions has designated as supported by the Services (‘supported cryptocurrencies”), using our wallet services, which we call Infinito Wallet; (b) allows users to browse third party decentralized applications (“DApps” or “DApp”) through the mobile application’s DApp browser.

Wallet Public Address, Private Key, and Backup Capabilities. An encrypted backup of certain information associated with the Wallet can be stored on your local device. The private key is connected to the Wallet Public address and, together, they can be used to authorize the transfer of Virtual Currency to and from that Wallet Public address. You are solely responsible for maintaining the security of your private key and any Wallet Recovery phrase (“12-words passphrase”) associated with your Wallet. You must keep your Wallet Recovery phrase and private key access information secure. Failure to do so may result in the loss of control of Virtual Currency associated with the Wallet.

Infinito Wallet Cannot Assist With Wallet Password Retrieval. Infinito Wallet stores your Wallet Public address but does not receive or store your Wallet password, encrypted private key, unencrypted private key, or Wallet Recovery phrase associated with your Wallet. We cannot, therefore, assist you with Wallet password retrieval. We cannot generate a new password for your Wallet if you fail to remember your original password. If you have not safely stored a backup of any Wallet address and private key pairs maintained in your Wallet, you accept and acknowledge that any Virtual Currency you have associated with such a Wallet address will become inaccessible if you do not have your Wallet password.

Virtual Currency Transactions. In order to be completed, all proposed Virtual Currency transactions must be confirmed and recorded in the Virtual Currency’s associated public blockchain. Such networks are decentralized, peer-to-peer networks supported by independent third parties, which we do not own, control, or operate. We have no control over the blockchain networks and, therefore, cannot and do not ensure that any transaction details that you submit via our Services will be confirmed and processed. By using Infinito Wallet, you acknowledge and agree that the transaction details you submit may not be completed, or may be substantially delayed, by blockchain networks. 

Infinito Wallet Does Not Store or Transmit Virtual Currency. We do not store, send, or receive Virtual Currency. Any transfer that occurs in any Virtual Currency occurs on the blockchain networks and not on a network owned by us. We therefore do not guarantee that Infinito Wallet can affect the transfer of title or right in any Virtual Currency.

QR Code Feature. As a community wallet, Infinito Wallet generates a QR code and provides it to any token issuers based on their submitted information as follow: Token types & Address, Name of the token, Symbol, Decimal numbers (maximum allowed decimals), Icon link, and Official site. Usage of the QR Code for a token is solely to help users conveniently enable the token on Infinito Wallet. QR Codes are solely for community usage. Tokens enabled through QR Codes may not be independently verified. You acknowledge and agree to use the QR Code feature at your own risk and sole responsibility. You are required to verify the cryptocurrency information based on your own research before you start using it. Infinito Wallet does not guarantee the validity, authenticity nor legitimacy of any token which is enabled by QR Code.

Token Verisign Mark. Token VeriSign mark is provided by Infinito Wallet with its best effort to indicate that a specific cryptocurrency is likely to be an authentic one on the smart contract blockchain which Infinito Wallet supports. Infinito Wallet provides a VeriSign mark to a cryptocurrency based on the information given by third parties, such as its smart contract address on its blockchain. You acknowledge and agree to use the Verisign mark feature at your own risk and sole responsibility. You are required to verify the cryptocurrency information based on your own research before you start using it.  Infinito Wallet will not be held liable for any wrong information provided by third parties to produce the VeriSign mark for any cryptocurrency. VeriSign mark is not intended to provide investment forecast, recommendations or any consulting for any ICO or cryptocurrency.

Intellectual Property Rights 

Infinito Wallet contains copyrighted material and trademarks including, but not limited to, text and graphics (the “Content”), which is protected by copyright law, registered and unregistered trademarks, and other intellectual property rights. Unless otherwise provided, we exclusively own the Content. Your use of the Services does not grant you any right, title, or interest in the Content. You agree that you will not copy, transmit, distribute, sell, license, create derivative works from, or, in any other way, exploit any of the Content, in whole or in part.

Limitation Of Liability

You understand and agree that we have no control over, and no duty to take any action regarding: Failures, disruptions, errors, or delays in processing Virtual Currency that you may experience while using the Services; The risk of failure of hardware, software, and Internet connections; The risk of malicious software being introduced or found in the software underlying Infinito Wallet; The risk that third parties may obtain unauthorized access to information stored within your Wallet, including, but not limited to your Wallet address, private key, and Wallet Recovery phrase; and The risk of unknown vulnerabilities in or unanticipated changes to the blockchain networks. You release us from all liability related to any losses, damages, or claims arising from: (a) user error such as forgotten passwords, forgotten private key, forgotten mnemonic phrase, incorrectly constructed transactions, or mistyped Virtual Currency addresses; (b) server failure or data loss; (c) unauthorized access to the Infinito Wallet application; (d) bugs or other errors in the Infinito Wallet software; and (e) any unauthorized third party activities, including, but not limited to, the use of viruses, phishing, brute forcing, or other means of attack against Infinito Wallet. We make no representations concerning any Third Party Content contained in or accessed through our Services. Any other terms, conditions, warranties, or representations associated with such content, are solely between you and such organizations and/or individuals.

Third Party Services And Content

We retain the exclusive right to add to, modify, or cancel the availability of any Third Party Services. If, to the extent permitted by Infinito Wallet, you grant express permission to a third party to access or connect to your Infinito Wallet account, either through the third party’s product or services or through Infinito Wallet, you acknowledge that granting permission to a third party to take specific actions on your behalf does not relieve you of any of your responsibilities under this Agreement. You are fully responsible for all acts or omissions of any third party with access to your Infinito Wallet account.

Buy Crypto. Third-Party Service Providers are Simplex Payment Service Limited (UK), Simplex Payment Services, UAB (Lithuania) (“Simplex) and Paxful USA, Inc (“Paxful). When you use this Buy Crypto service, you are interacting directly with the specified Third-Party Service Providers, thus you are subject to their Terms of Use. Infinito Wallet is not directly involved in any transaction between you and the Third-Party Service Providers and does not at any time hold custody of your crypto assets. The cryptocurrency amount quoted is based on the current rate and is not final. 

For services provided by Simplex. If the rate changes by more than +/-2.5% you will be asked to reconfirm the transaction via email from the Third-Party Service Providers. Cryptocurrency transactions are irreversible. Refunds after a successful purchase are not possible. The service fee amount is 6% of the transaction cost or $12, whichever is higher. The fee is subject to change from time to time. For more and up-to-date information, please visit their Terms of Use

For services provided by Paxful.The rate is decided by the sellers in Paxful Marketplace and we have no control over the rate. You are fully responsible for your transactions made between you and the sellers. Infinito Wallet shall not be held responsible or liable for any losses, damages, or claims arising from these transactions. We do not charge any fee to you for your transactions made in Paxful Marketplace. For more and up-to-date information, please visit their Terms of Use

Exchange or Swap Crypto. Third-Party Service Provider is Fintechvision Ltd (also known as Changelly). When you use this service, you are interacting directly with the specified Third-Party Service Provider, thus you are subject to their Terms of Use. Infinito Wallet is not directly involved in any transaction between you and the Third-Party Service Provider. When you exchange a partial or full amount of a currency, you accept the applicable exchange rate and any applicable fees that will be displayed to you prior to conversion. You also acknowledge that the shown exchange rate and fees are based on the current rate provided by the Third-Party Service Provider and is not final. The service fee amount is 1% of the transaction cost, which is subject to change from time to time.

Airdrops. Infinito Solutions solely serves as a crypto Airdrop aggregation service that is free to end-users. We do not own these services nor have any responsibility over these services. We highly recommend that our users should conduct independent analysis and/or consult a professional before taking part in any of the listed airdrops.

ICO Tab. ICO TAB provides public information about ICOs. ICO TAB does not provide investment forecast, recommendations or any consulting for any ICO or cryptocurrency. ICO Tab does not endorse or rate any ICO or cryptocurrency listed or mentioned on our app, nor do we encourage users to invest in any particular ICO. ICO Tab offers no advice and makes no claims regarding the nature, potential value, or suitability of any particular coin or token sale. 

You acknowledge and agree that ICO Tab information is not intended to supply professional, legal or financial advice. Infinito Wallet will not be held responsible for the app user’s investment decisions. Infinito Wallet is not responsible for any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this app, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. You should not construe any Information displayed, published or provided by ICO Tab as legal, investment, financial or other advice. You are required to conduct independent analysis or turn to professional services for making any investment decisions.

Prohibited Activities

You agree that you will not use our Services to perform any type of illegal activity of any sort or to take any action that negatively affects the performance of our Services. You may not engage in any of the following activities via the Services, nor may you help a third party in any such activity: (1) attempt to gain unauthorized access to our Services or another user’s account, (2) make any attempt to bypass or circumvent any security features, (3) violate any law, statute, ordinance, or regulation, (4) reproduce, duplicate, copy, sell or resell our Services for any purpose except as authorized in these Terms, (5) engage in any activity that is abusive or interferes with or disrupts our Services. If you are blocked by Infinito Wallet from accessing our Services (including by blocking your IP address), you agree not to implement any measures to circumvent such blocking (e.g., by masking your IP address or using a proxy IP address). Use of our Services in connection with any transaction involving illegal products or services is prohibited. Infinito Wallet reserves the right to temporarily or permanently suspend your account or otherwise restrict your use of our Services if any violation of this section occurs.

Investigations

Infinito Wallet reserves the right to investigate suspected violations of these Terms of Use, including without limitation any violation arising from any submission, posting or e-mails you make or send to any Forum. Infinito Wallet may seek to gather information from the user who is suspected of violating these Terms of Use, and from any other user. Infinito Wallet may suspend any users whose conduct or postings are under investigation and may remove such material from its servers as it deems appropriate and without notice. If Infinito Wallet, in its sole discretion, believes that a violation of these Terms of Use has occurred, it may edit or modify any submission, posting or e-mails, remove the material permanently, cancel postings, warn users, suspend users and passwords, terminate accounts or take other corrective action it deems appropriate. Infinito Wallet will fully cooperate with any law enforcement authorities or court order requesting or directing Infinito Wallet to disclose the identity and other available information relating to anyone posting any e-mails or publishing or otherwise making available any materials that are believed to violate these Terms of Use.

No Advice

Infinito Wallet is not acting and cannot act as an advisor, including as to any financial, legal, investment, insurance and/or tax matters. Any information provided by Infinito Wallet is for general information only. You are solely responsible for determining whether any contemplated transaction is appropriate for you.

Discontinuance Of Services

Infinito Wallet may make changes, replace, or discontinue (temporarily or permanently) our Services at any time for any reason with or without notice. In this case, you may be prevented from accessing or using our Services. If, in our sole discretion, we decide to permanently discontinue our Services, we will provide you with notice via our website. You are solely responsible for storing outside of the Services a backup of any Wallet address and private key pair that you maintain in your Wallet. Infinito Wallet shall not be held responsible or liable for any loss of Virtual Currency in the event that we discontinue or depreciate the Services.

Severability

If for any reason a court of competent jurisdiction finds any provision of these Terms invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect.

Force Majeure

Infinito Solutions shall not be liable for delays, failure in performance or interruption of services which result directly or indirectly from any cause or condition beyond our reasonable control, including but not limited to, any delay or failure due to any act of God, act of civil or military authorities, act of terrorists, civil disturbance, war, strike or other labor dispute, fire, interruption in telecommunications or Internet services or network provider services, failure of equipment and/or software, other catastrophe or any other occurrence which is beyond our reasonable control and shall not affect the validity and enforceability of any remaining provisions.

No Waiver

Our failure to exercise or delay in exercising any right, power, or privilege under this Agreement shall not operate as a waiver; nor shall any single or partial exercise of any right, power, or privilege preclude any other or further exercise thereof.

Assignment

You agree that we may assign any of our rights and/or transfer, sub-contract, or delegate any of our obligations under these Terms. Your agreement to these Terms is personal to you and you may not transfer or assign it to any third party.

Entire Agreement

These Terms, together with any other agreements that apply to you, constitute the entire and exclusive agreement between us and you regarding its subject matter, and supersede and replace any previous or contemporaneous written or oral contract, warranty, representation or understanding regarding its subject matter.

Questions Or Comments

In case of any questions, you may contact us at: [email protected] or write us at:

Infinito Solutions Pte. Ltd.

80 Robinson Road, #08-01,

Singapore 068898

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