Terms and Use
RISK STATEMENT. ALL INVESTMENTS INVOLVE SUBSTANTIAL RISK OF LOSS. ALL TRADING STRATEGIES ARE USED AT YOUR OWN RISK AND YOU ARE RESPONSIBLE FOR THE FINANCIAL RESOURCES YOU UTILIZE. IF THE MARKET MOVES AGAINST YOU, YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL AMOUNT YOU ALLOCATED TO THE INVESTMENT. YOU SHOULD NOT ENGAGE IN TRADING UNLESS YOU FULLY UNDERSTAND THE NATURE OF THE TRANSACTION YOU ARE ENTERING INTO AND THE EXTENT OF YOUR EXPOSURE TO LOSS. ALL BLOCKCHAIN TRANSACTION REQUESTS ARE IRREVERSIBLE. IF YOU DO NOT FULLY UNDERSTAND THESE RISKS, PLEASE DO NOT INVEST ANY OF YOUR FINANCIAL RESOURCES.
Eligibility and Agreement
If you use our Services, these Terms apply. If you do not agree to these Terms, you must not use any of our Services. You can use our Services only if you can lawfully enter into an agreement to these Terms under applicable law. If you use our Services, you agree to do so in compliance with these Terms and with applicable laws and regulations.
EnnoFund Limited (“Enno”, “we” or “us”) is the maker of a software program that can be used to manage, control, and interact with blockchain. (known as “blockchain” in this agreement). This agreement is a contract between Enno and “You” (or “Your”), as a user of Enno Wallet. By entering into this agreement You shall have permission to use Enno Wallet for Your own personal use, subject to certain rights, responsibilities, and obligations.
A Wallet Totally Under Your Control
Enno Wallet is an application that allows You to create and manage a wallet which is derived from a “Backup Phrase” (consists of 15 words) generated and stored locally (not on our servers) through Enno Wallet. You must safeguard Your Backup Phrase (including making offline backup copies) as it is used to derive your private key that controls the “digital assets” (e.g. Bitcoin, Ether, Litecoin, etc.) that You may use with Enno Wallet. Enno Wallet does have accounts but, it has different operating principles from many of others, primarily driven by the security features offered by Enno Wallet. There are important consequences of losing your backup phase as you are not being able to use a “forgot password” feature. IF YOU LOSE ACCESS TO YOUR Enno Wallet BACKUP PHRASE, YOU ACKNOWLEDGE AND AGREE THAT ANY CRYPTOCURRENCY YOU HAVE ASSOCIATED WITH THAT Enno Wallet WILL BECOME INACCESSIBLE. You should take care to become familiar with how Enno Wallet (and other non-custodial blockchain wallet software) works before doing non-trivial transactions with it. You are responsible for safekeeping your passwords, private key pairs, PINs and any other codes you use to access the EnnoWallet.
When You make use of EnnoWallet You are taking control of Your digital assets. Enno has no technical ability to interact with Your digital wallets and does not ever take possession, control, or own what belongs to You.
Changes to These Terms
Enno reserves the right to modify this disclaimer from time to time. 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. By continuing to use Enno Wallet, You will be accepted the changes.
The underlying protocols in digital assets are subject to sudden changes in operating rules, and third parties may from time to time create a copy of a digital asset network and implement changes in operating rules or other features (“Forks”) that may result in more than one version of a network (each, a “Forked Network”) and more than one version of a digital asset (“Forked Assets”). You understand and acknowledge that Forked Networks and the available supply of any Forked Assets are wholly outside of the control of Enno, and you further acknowledge that our ability to deliver Forked Assets resulting from a Forked Network may depend on third parties outside of Enno’s control. You understand and acknowledge that Forks may materially affect the value, function, and/or even the name of the digital assets associated with your EnnoWallet. In the event of a Fork, you understand and acknowledge that Enno may temporarily suspend services of the EnnoWallet (with or without advance notice to you) while we determine, at our sole discretion, which Forked Network(s) to support. YOU ACKNOWLEDGE AND HEREBY AGREE THAT ENNO MAY DETERMINE, IN OUR SOLE DISCRETION, NOT TO SUPPORT A FORKED NETWORK AND THAT YOU HAVE NO RIGHT, CLAIM, OR OTHER PRIVILEGE TO FORKED ASSETS ON SUCH UNSUPPORTED FORKED NETWORK. YOU HEREBY FURTHER AGREE THAT ENNO MAY, IN OUR SOLE DISCRETION, DETERMINE THE APPROACH TO SUCH FORKED ASSETS, WHICH MAY INCLUDE ABANDONING OR OTHERWISE ELECTING NOT TO SUPPORT SUCH FORKED ASSETS AS PART OF THE SERVICES. YOU UNDERSTAND AND HEREBY ACKNOWLEDGE THAT ENNO IS UNLIKELY TO SUPPORT MOST FORKED NETWORKS AND THAT MOST FORKED ASSETS WILL LIKELY NOT BE MADE AVAILABLE TO YOU.
Termination or Suspension of Service for Unlawful Conduct
Although Enno Wallet is installable software, it also contains elements that rely on backend infrastructure run by Enno (and possibly other parties) that may be turned off temporarily or permanently without notice due to suspected unlawful conduct or if it is deemed necessary to do so at the discretion of Enno. Some or all of the Enno Wallet service may not be available in all locations worldwide due to geo blocking or other measures taken by Enno to ensure compliance with laws or to improve the quality of service for its users.
EnnoWallet includes functionality that You have the option of using that may involve third-party services that are owned and run by companies or organizations not related to Enno. There may be additional terms or rules applicable to third-party services available through EnnoWallet, some of which may involve registration(s) on websites or through applications not controlled by Enno, and Enno shall not be liable for any conduct, actions, or negative consequences that arise as a result of Your use of third-party services in connection with EnnoWallet. Notwithstanding the generality of the foregoing, if You make use of third-party services that enable digital asset transfers or financial transfers then You may be at risk of loss due to malfunctions or other issues with third-party services. You shall indemnify Enno, and the officers, contractors, employees, and other personnel of Enno, against any claims in relation to third-party services, whether brought by You or another party, where the claim concerns Your use or misuse of a third-party service. The developers of the software, employees and affiliates of Enno Wallet, copyright holders, and Enno can not retrieve your private keys or backup phases. If you lose or forget your private keys or backup phases Enno can not guarantee any transaction confirmation as they do not have control over the cryptocurrency networks.
EnnoWallet runs as a freemium model. You can use EnnoWallet to manage, store, send and receive crypto assets without any additional charge except blockchain transaction fees. EnnoWallet can charge users with “contract fees” within EnnoWallet.
It is your responsibility to determine what, if any, taxes apply to the transactions that you have submitted transaction details for via the Services, and it is your responsibility to report and remit the correct tax to the appropriate tax authority. You agree that we are not responsible for determining whether taxes apply to your transactions or for collecting, reporting, withholding, or remitting any taxes arising from any cryptocurrency-related transactions.
Enno offers free technical support to users of EnnoWallet but this support is offered to You without warranty of any kind and shall be at Your risk. Enno may choose to discontinue offering free technical support at any time and may choose to discontinue providing You with technical support at any time. You shall at all times act respectfully to Enno’s staff and must take care not to accidentally disclose Your Backup Phrase, private keys, PINs or any other confidential information.
Choice of Forum and Governing Law
Any disputes related to this agreement shall be heard in the courts of the Hong Kong and the laws of Hong Kong shall apply.
If you have any questions about this Policy, please contact us by email: [email protected]
LAST UPDATED: 29.06.2021