Terms of Use

Effective Date: July 1, 2025

1. General Provisions

1.1. These Terms of Use (the "Terms") govern the relationship between you (the "User", "you") and the Netts.io website and related Services ("Netts", "we", "us", "our").

1.2. By accessing or using the website, APIs, Telegram bot, or any other components of the Services, you confirm that you have read, understood, and agree to be bound by these Terms. If you do not agree with these Terms, you must not use the Services.

1.3. Information about the legal entity operating Netts.io will be added to these Terms once the company is incorporated.

2. Eligibility and Restrictions

2.1. The Services are intended for users who are at least 18 years old and have full legal capacity to enter into a binding agreement.

2.2. By using the Services, you represent and warrant that:

  • you are at least 18 years old;
  • you have the legal capacity and authority to enter into these Terms;
  • your use of the Services complies with applicable laws and these Terms.

2.3. No U.S. persons / residents.
The Services are not offered to, and may not be used by, any person who is:

  • a citizen or resident of the United States of America ("U.S."); or
  • located in the U.S.; or
  • otherwise considered a "U.S. person" under applicable U.S. laws and regulations.

By accessing or using the Services, you expressly represent and warrant that you are not a U.S. person, are not a resident of the U.S., and are not using the Services from within the U.S. If this is not true, you must immediately stop using the Services.

3. Services

3.1. Netts provides an online platform that enables Users to:

  • rent blockchain resources (such as energy and/or bandwidth) on supported networks;
  • maintain internal balances used to pay for such services;
  • interact with the Services via the website, APIs, and integrations (including, where applicable, a Telegram bot or web forms).

3.2. Netts is not a bank, payment institution, investment firm, broker, or financial advisor. The Services do not constitute investment, brokerage, or payment services, and are not intended as an offer or solicitation for investment.

3.3. Information displayed on the Services is for functional and informational purposes only and does not constitute financial, legal, or tax advice.

3.4. We may modify, suspend, or terminate any part of the Services at any time, with or without notice.

4. Account, Authentication and Security

4.1. To use certain functionality, you may be required to log in or authenticate using Telegram or Google.

4.2. By authenticating via Telegram or Google, you authorize us to receive data necessary for authentication and account creation/maintenance in accordance with our Privacy Policy.

4.3. You are solely responsible for:

  • maintaining the confidentiality of your devices and login sessions;
  • securing your Telegram and/or Google accounts;
  • all actions performed through or associated with your account on the Services.

4.4. If you suspect unauthorized access to your account or any security breach, you must notify us as soon as possible. We are not liable for losses resulting from unauthorized access caused by your failure to adequately protect your account.

5. Deposit Addresses, Internal Balances and Transactions

5.1. For your convenience, we may provide one or more deposit addresses associated with your account, which you can use to send digital assets that will be credited to your internal balance.

5.2. Assets sent to deposit addresses may be consolidated or forwarded to our operational ("hot") wallets. The blockchain balances of individual deposit or operational addresses do not directly represent your personal balance.

5.3. Your user balance is recorded and managed off-chain within our internal accounting systems. This balance is used solely to:

  • pay for the rental of energy or other resources;
  • pay fees and charges related to your use of the Services.

It is not a bank account, savings account, or investment product, and may not accrue interest.

5.4. Blockchain transactions are typically irreversible. You are solely responsible for:

  • ensuring that you send digital assets to the correct deposit address;
  • using the correct network and asset type;
  • carefully checking transaction details before confirming.

5.5. We are not liable for any loss of funds resulting from:

  • sending assets to an incorrect, expired, or incompatible address;
  • using an unsupported network or asset;
  • your mistakes or negligence when initiating transactions.

6. Fees

6.1. Netts may charge fees for certain Services, including but not limited to:

  • energy or resource rental;
  • network or transaction-related costs;
  • service or platform fees.

6.2. The current applicable fees are displayed in the interface of the website, API documentation, or other parts of the Services. We may change fees at any time; such changes apply prospectively.

6.3. By using the Services, you agree to pay all applicable fees. In most cases, fees are deducted from your internal balance or from the digital assets involved in a transaction.

6.4. Unless explicitly stated otherwise, all payments for the Services are final and non-refundable.

7. Prohibited Use

7.1. You must not use the Services for:

  • any illegal or unlawful activity under applicable laws;
  • money laundering, terrorist financing, sanctions evasion, or similar activities;
  • fraud, scams, or other deceptive practices;
  • distributing malware, viruses, or harmful code;
  • attempting to gain unauthorized access to our systems, data, or other users' data;
  • overloading, attacking, or interfering with the normal operation of the Services.

7.2. You must not attempt to circumvent any technical or usage limits of the Services (including via bots, scrapers, or abusive API usage) except as explicitly allowed by us.

7.3. Without limiting Section 2.3, you must not use the Services if you are a U.S. person, a resident of the U.S., or are accessing the Services from within the U.S.

7.4. We reserve the right to investigate and, where appropriate, suspend or terminate access to the Services in case of suspected violations of these Terms or applicable law.

8. Risks and Limitation of Liability

8.1. Use of digital assets and blockchain networks involves significant risks, including but not limited to:

  • high volatility in the value of assets;
  • network congestion, delays, or failures;
  • bugs or vulnerabilities in smart contracts, protocols or software;
  • risk of permanent loss of assets due to user errors or malicious actions.

8.2. You acknowledge and accept these risks and agree that you are solely responsible for your decisions and actions when using the Services.

8.3. To the maximum extent permitted by applicable law, Netts and its operators, developers, and affiliates shall not be liable for:

  • any indirect, incidental, special, consequential, or punitive damages;
  • any loss of profits, revenue, data, or goodwill;
  • any loss arising from your use or inability to use the Services;
  • any error, delay, interruption, or unavailability of the Services;
  • any unauthorized access to, or alteration of, your data or transmissions;
  • any actions or omissions of third parties (including third-party providers, networks, or software).

8.4. To the extent permitted by law, our total aggregate liability to you in connection with the Services shall not exceed the amount of fees you have paid to us for the Services during the six (6) months immediately preceding the event giving rise to the claim.

9. Termination and Suspension

9.1. We may, at our discretion and without prior notice, suspend or terminate your access to all or part of the Services if:

  • you violate these Terms;
  • your use of the Services may cause harm to us, other users, or third parties;
  • your use of the Services appears to be unlawful or suspected of being unlawful.

9.2. Upon termination, your right to use the Services ceases immediately. We may retain certain data as required by law or for legitimate business purposes, in accordance with our Privacy Policy.

9.3. Termination does not affect any rights or obligations that have accrued prior to termination.

10. Privacy

10.1. Your use of the Services is also governed by our Privacy Policy, which explains how we collect, use, and protect your personal data.

10.2. By using the Services, you acknowledge that you have read and understood the Privacy Policy. If there is any inconsistency between these Terms and the Privacy Policy regarding data processing, the Privacy Policy will prevail for those issues.

11. Changes to These Terms

11.1. We may update these Terms from time to time. The updated version will be published on the website with a new effective date.

11.2. Your continued use of the Services after the updated Terms become effective constitutes your acceptance of the changes. If you do not agree with the updated Terms, you must stop using the Services.

12. Contact Information

For questions and inquiries regarding these Terms or the Services, you may contact us at: