TERMS AND CONDITIONS

Welcome to Karamendos!

These are the terms and conditions for:

By using the website and services, you agree to be bound by these terms and conditions and our privacy policy. In these terms and conditions, the words "website" refers to the Karamendos website, "we", "us", "our" and "Karamendos" refers to Karamendos and "you" and "user" refers to you, the user of Karamendos.

The following terms and conditions apply to the website and services offered by Karamendos. This includes the mobile and tablet versions as well as any other version of Karamendos accessible via desktop, mobile, tablet, social media or other devices.

READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING OR OBTAINING ANY INFORMATION OR SERVICE FROM THE KARAMENDOS WEBSITE.

1. ACCEPTANCE OF TERMS

This agreement sets out the legally binding terms for your use of Karamendos. By using the website, you agree to be bound by this agreement. If you do not agree to the terms of this agreement, you must not use the website and stop using the service immediately. We may modify this agreement from time to time, and such modification will be effective when posted on the website. You agree to be bound by any modifications to these terms and conditions when you use Karamendos after such modification is posted on the website; therefore, it is important that you review this agreement regularly.

Karamendos may, in its sole discretion, refuse to offer the services to any user and change its eligibility criteria at any time. This provision is void where prohibited by law and the right to access the service and the website is revoked in such jurisdictions.

The website and services may only be used in accordance with these terms and conditions and all applicable local, state, national and international laws, rules and regulations, specifically the commercial and financial laws and regulations of Dubai, United Arab Emirates.

By using the website and services, you represent and warrant that: you are 18 years or older, of age of consent, and that you have the full right, power and authority to enter into this agreement and to fully perform all of your obligations hereunder. You further represent and warrant that you are under no legal disability or contractual restriction that prevents you from entering into this agreement.

2. KARAMENDOS

Karamendos, in collaboration with industry innovator Automatio, is proud to introduce a groundbreaking solution on the Solana blockchain. Our offering goes beyond traditional NFTs by unlocking the potential of web automation without the need for coding. By leveraging the fusion of Web2 and Web3 technologies, Karamendos empowers users to explore new horizons in digital ownership and automation capabilities.

Through our platform, clients gain access to a revolutionary ecosystem that redefines the boundaries of NFTs. Beyond mere art, our solution opens doors to endless possibilities in automating web processes, transforming the digital landscape in unprecedented ways.

At Karamendos, we are committed to providing cutting-edge technology that bridges the gap between traditional and blockchain-based solutions. Our team is dedicated to delivering a seamless experience, enabling users to harness the power of NFTs and web automation to drive innovation and growth.

Karamendos develops software solutions on blockchain, and these products are available on a Software-as-a-Service (SaaS) basis. Please review the features of our SaaS offering before using our products. To access our products through the SaaS model, you will need to link your Solana virtual wallet through our website. By linking your virtual wallet, you grant Karamendos permission to collect the necessary information from your wallet exclusively for the purpose of providing our services, in compliance with our privacy policy.

Karamendos reserves the right to cancel the sale of any subscription and may modify or discontinue the availability of subscriptions at its sole discretion, if applicable.

3. PAYMENTS

Payment for our services is exclusively accepted in cryptocurrencies made through a compatible digital wallet.

4. DISCLAIMER & ASSUMPTION OF RISK

KARAMENDOS IS NOT A BROKER, FINANCIAL INSTITUTION, OR CREDITOR. THE SERVICES ARE AN ADMINISTRATIVE PLATFORM ONLY.

Our Services do not store, send, or receive cryptocurrency assets. This is because cryptocurrency assets exist only by virtue of the ownership record maintained on its supporting Blockchain. Any transfer of cryptocurrency assets occurs within the supporting Blockchain and not on the services. Transactions in NFTs may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. Some transactions in NFTs shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that you initiated the transaction.

The regulatory regime governing blockchain technologies, cryptocurrencies, and tokens is uncertain, and new regulations or policies may materially adversely affect the development of the services and the utility of NFTs.

By using our services, you represent and agree that Karamendos, does not at any time guarantee any profit or gain from the use of any of the services available on the website and that the sale and purchase of NFTs and transactions in the cryptocurrency market may be considered high-risk transactions that may involve potential and substantial losses of your investments in these markets.

In making a decision to enter into a transaction, you should consider your financial situation before making any capital investment through our services. You should understand that there are inherent risks of substantial capital or investment losses when trading cryptocurrencies and NFTs.

Users using our services will not benefit from the protections available for financial and investment services and products that are unregulated.

The cryptocurrency and NFTs markets are determined by demand and supply. The cryptocurrency and NFTs market can be an unpredictable and volatile environment and prices can be highly speculative and are subject to constant change by the market. Please note that products may lose their value.

5. LICENSE TO USE THE PLATFORM

The property rights of the website and the methods used on the website belong exclusively to Karamendos. Any physical or virtual exposure of the methods used on the website may result in violations of Karamendos's intellectual property rights.

Karamendos gives you a limited, worldwide, as applicable with the compliance of the terms, non-assignable and non-exclusive license to use the website provided to you by Karamendos as part of the services. This license is for the sole purpose of enabling you to use and enjoy the benefit of the services as provided by Karamendos, in the manner permitted by these terms. You may not copy, modify, distribute, sell, or lease any part of our services or included software, nor may you reverse engineer or attempt to extract the source code of that software, unless laws prohibit those restrictions, or you have our written permission.

The user agrees not to use the services negligently, for fraudulent purposes or in an unlawful manner. Likewise, the user agrees not to partake in any conduct or action that could damage the image, interests or rights of the Karamendos website or third parties.

Karamendos reserves the right to terminate your access immediately, with or without notice, and without liability to you, if Karamendos believes that you have violated any of these terms or interfered with the use of the website or service by others.

6. COPYRIGHT

All materials on Karamendos, including, without limitation, names, logos (some logos are shown as fair use), trademarks, images, text, columns, graphics, videos, software and other elements are protected by copyrights, trademarks and/or other intellectual property rights owned and controlled by Karamendos or by third parties that have licensed or otherwise provided their material to the website. You acknowledge and agree that all materials on Karamendos are made available for limited, non-commercial, personal use only. Except as specifically provided herein, no material may be copied, reproduced, republished, sold, downloaded, posted, transmitted, or distributed in any way, or otherwise used for any purpose, by any person or entity, without Karamendos prior express written permission. You may not add, delete, distort, or otherwise modify the material. Any unauthorized attempt to modify any material, to defeat or circumvent any security features, or to use Karamendos or any part of the material for any purpose other than its intended purposes is strictly prohibited. Please do not copy any content and pass it off as your own, as a copyright infringement will occur.

7. COPYRIGHT INFRINGEMENT

Karamendos acknowledges the importance of intellectual property rights and is committed to compliance with applicable copyright laws in the United Arab Emirates, including those specific to Dubai. We take all inquiries, complaints, and claims regarding alleged infringement seriously.

If you believe, in good faith, that any material provided on or in connection with the website infringes your copyright or other intellectual property rights, please send us your infringement request in accordance with the relevant copyright laws and regulations.

8. PERSONAL DATA

Any personal information you submit in connection with the use of the website will be used in accordance with our privacy policy. By using the website, you agree that we may collect and store your personal information. Please see our privacy policy.

9. PROHIBITED ACTIVITIES

The content and information available on the website (including, but not limited to, data, information, text, music, sound, photos, graphics, video, maps, icons or other material), as well as the infrastructure used to provide such content and information, is proprietary to Karamendos or licensed to the Karamendos by third parties. For all content other than your content, you agree not to otherwise modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell or re-sell any information, software or services obtained from or through the website. In addition, the following activities are prohibited:

Karamendos is not obligated to monitor access to or use of the services or to review or edit any content. However, we have the right to do so for the purpose of operating the services, to ensure compliance with these terms and to comply with applicable law or other legal requirements.

10. DISCLAIMER OF WARRANTIES & LIMITATION OF LIABILITY

Because of the nature of the Internet Karamendos provides and maintains the website on an "as is", "as available" basis and makes no promise that use of the website will be uninterrupted or entirely error free. We are not responsible to you if we are unable to provide our Internet services for any reason beyond our control.

Except as provided above we can give no other warranties, conditions or other terms, express or implied, statutory or otherwise and all such terms are hereby excluded to the maximum extent permitted by law.

You will be responsible for any breach of these terms by you and if you use the website in breach of these terms you will be liable to and will reimburse Karamendos for any loss or damage caused as a result.

Karamendos will not be liable in any amount for failure to perform any obligation under this agreement if such failure is caused by the occurrence of any unforeseen event beyond its reasonable control including without limitation Internet outages, communications outages, fire, flood, war or act of God.

These terms do not affect your statutory rights as a consumer which are available to you.

Subject as aforesaid, to the maximum extent permitted by law, Karamendos excludes liability for any loss or damage of any kind howsoever arising, including without limitation any direct, indirect or consequential loss whether or not such arises out of any problem you notify to Karamendos and Karamendos shall have no liability to pay any money by way of compensation, including without limitation all liability in relation to:

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL KARAMENDOS BE LIABLE FOR ANY SPECIAL, INCIDENTAL, INDIRECT, OR CONSEQUENTIAL DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION, DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, DATA LOSS, OR ANY OTHER PECUNIARY LOSS) HOWEVER CAUSED AND ON ANY LEGAL OR EQUITABLE THEORY OF LIABILITY, AND WHETHER OR NOT FOR BREACH OF CONTRACT, NEGLIGENCE, OR OTHERWISE, EVEN IF KARAMENDOS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN ANY CASE, KARAMENDOS ENTIRE LIABILITY UNDER ANY PROVISION OF THIS AGREEMENT SHALL BE LIMITED TO THE GREATER OF (i) $100 USDC; OR (ii) THE AMOUNT RECEIVED BY KARAMENDOS FROM USER IN THE ONE (1) MONTH PRECEDING SUCH CLAIM.

YOU ACKNOWLEDGE AND ACCEPT THE DISCLAIMERS AND LIMITATIONS OF LIABILITIES ARE FUNDAMENTAL ELEMENTS OF THE BARGAIN BETWEEN KARAMENDOS AND YOU.

11. ELECTRONIC COMMUNICATIONS

No responsibility will be accepted by Karamendos for failed, partial or garbled computer transmissions, for any computer, telephone, cable, network, electronic or internet hardware or software malfunctions, failures, connections, availability, internet accessibility or availability or for traffic congestion or unauthorized human act, including any errors or mistakes.

12. INDEMNIFICATION

You agree to defend and indemnify Karamendos from and against any claims, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature including but not limited to reasonable legal and accounting fees, brought by third parties as a result of:

  • Your breach of this agreement or the documents referenced herein.
  • Your violation of any law or the rights of a third party.
  • Your use of the website and services.
  • 13. CHANGES AND TERMINATION

    We may change the website and these terms at any time, in our sole discretion and without notice to you. You are responsible for remaining knowledgeable about these terms. Your continued use of the website constitutes your acceptance of any changes to these terms and any changes will supersede all previous versions of the terms. If you don’t agree to be bound by the changes, you may not use the services anymore. Because our services are evolving over time, we may change or discontinue all or any part of the services, at any time and without notice, at our sole discretion. Notwithstanding anything contained in these terms, we may suspend, modify or terminate your access to and use of the services and the language of these terms at our sole discretion, at any time and without notice to you. You may disconnect your digital wallet at any time. You acknowledge and agree that we shall have no liability or obligation to you in such an event and that you will not be entitled to a refund of any amounts that you have already paid to us or any third party, to the fullest extent permitted by applicable law.

    14. ASSIGNMENT

    This agreement and any rights and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by Karamendos without restriction.

    15. INTEGRATION CLAUSE

    This agreement together with the privacy policy and any other legal notices published by Karamendos, shall constitute the entire agreement between you and Karamendos concerning and governs your use of the website and the services.

    16. COMPLIANCE DISCLAIMER

    Each user of this platform acknowledges and agrees that it is their sole responsibility to determine whether their use of the platform and its products is in compliance with their laws, regulations, and legal requirements of their home country of jurisdiction.

    The platform and its products may not be legal or permissible in all countries, and their availability and use may be subject to local, national, or international regulations.

    By accessing and using this platform and its products, users explicitly declare that they have verified and ensured their compliance with all applicable laws and regulations in their place of residence or operation.

    The platform, its owners,operators, and affiliates disclaim any liability for any consequences, legal or otherwise, arising from a user’s failure to comply with their home country’s regulations or any other relevant laws.

    Karamendos appreciates feedback, comments, ideas, proposals and suggestions for improvements to the services. If you choose to submit feedback, you agree that we are free to use it without any restriction or compensation to you.

    17. DISPUTES

    The user agrees that any dispute, claim or controversy arising out of or relating to these terms and conditions, or the breach, termination, enforcement, interpretation or validity thereof or the use of the website, shall be resolved by binding arbitration between the user and Karamendos, provided that each party retains the right to bring an individual action in a court of competent jurisdiction.

    In the event of a dispute arising in connection with the use of the website and services or the breach of these conditions, the parties agree to submit their dispute to arbitration resolution before a reputable arbitration organization as mutually agreed by the parties and in accordance with applicable commercial arbitration rules.

    You agree to initiate a formal dispute proceeding by sending us a communication through our contact information. Karamendos may choose to send you a written offer after receiving your initial communication. If we offer and send you a settlement offer and you do not accept the offer, or we are unable to resolve your dispute satisfactorily and you wish to continue with the dispute process, you must initiate the dispute resolution process before an accredited arbitration organization and file a separate Demand for Arbitration. Any award rendered by the arbitration tribunal shall be final and conclusive on the parties.

    To the fullest extent permitted by law, you agree that you will not file, join or participate in any class action lawsuit in connection with any claim, dispute or controversy that may arise in connection with your use of the website and services.

    Any dispute arising from or relating to the use of this website, the products offered herein, or these Terms and Conditions shall be subject to the exclusive jurisdiction of the courts of the Emirate of Dubai, United Arab Emirates.

    By using this website and its services, you consent to the jurisdiction and venue of the above-mentioned courts and agree that any legal action or proceeding shall be conducted exclusively in accordance with the jurisdiction determined by the type of service acquired.

    18. CONTACT INFORMATION

    If you have questions or concerns about these terms, please contact us through the contact information below:

    Karamendos.
    [email protected]