TERMS AND PRIVACY
Read the following rules carefully before signing in.
AGREEMENT: Agreement is entered into between you (hereinafter referred to as “Member”) and Ctblocks (hereinafter referred to as “Vendor”).
By accessing, downloading, creating an account or clicking on “I agree” to accept any Services provided by Vendor (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in this Agreement.
This Agreement comprises this Service Agreement and incorporates by reference the attached Code of Conduct and Social Media Guidelines, all of which together comprise this Agreement (hereinafter referred to as “Agreement”). Vendor has agreed to provide services to the Member on the terms and conditions set out in this Agreement, and Member considers that the Vendor has the proper and necessary qualifications, experience, and abilities to provide services to Member. Therefore, in consideration of the matters described above, the receipt and sufficiency of which consideration is hereby acknowledged, the Member and the Vendor agree as follows:
1. Acquiring a Membership
The Member shall acquire cryptocurrency on their own exchange or wallet and transfer the said cryptocurrency to the Member's own cryptocurrency wallet address inside the Ctblocks back office as provided by the Vendor for the purpose of investment. The cryptocurrency shall be chosen by Vendor in its sole discretion, and as of November 2022, it is BTC and USDT (Tether) and may be changed from time to time. Vendor is not in the exchange or wallet business nor in the business of providing financial guidance or advice in any way, nor is Vendor in the business of providing specific training or support regarding specific exchanges or wallets the Member may use to acquire their own cryptocurrency in their country.
2. Member Services
Vendor shall issue a receipt based on the membership acquired by the Member. Receipt shall be sent to the Member’s email address of record.
3. Vendor’s Best Efforts
The Membership is on a best effort basis and, like any project, there is a risk of loss of all funds and rewards. The world of digital investment is highly volatile, can involve a risk of loss, and may not be suitable for all persons. Risks include but are not limited to: market risks, system risks, cybersecurity, transaction processing risks, regulatory risks, trading risks, risks or mistakes made by yourself, business failure, and others. Opinions, market data, and recommendations are subject to change without notice.
Past results are not indicative nor a guarantee of future performance. Vendor seeks to mitigate risk by exclusively accepting BTC and USDT (Tether) as payment for membership. BTC is sitting on the throne while USDT (Tether) is considered a “stable coin” and historically has not been subject to the market volatility found with other cryptocurrencies.
There is no recommendation by Vendor to acquire any membership, product, or service. Members make their own decisions, based on Member's own due diligence. Vendor recommends each Member seek the advice of a suitably qualified professional before deciding if Member is unsure.
1. Scope of Work
The Vendor is to provide the Member with the following services (the “Services”):
- Through the acquisition of a membership via the Member’s computer or Internet-compatible devices for the Member’s personal/internal purposes, the Member shall be granted a membership which is revocable, limited, non-exclusive and non-transferable (other than as a result of the death of the member and any relevant will or probate processes in the member’s country).
- Provided that Member constantly complies with the express terms and conditions stated in this Agreement, Member shall receive rewards (hereinafter known as “Dividend”) from the Vendor on a periodic basis.
The expected Rewards are estimated to be between 1% and 10% (as determined by Vendor in its sole discretion) of the Member’s membership amount, per 24-hour period, to commence the day following membership acquisition based on United States Time. Memberships begin at a minimum of 100 USD, either in BTC or USDT(TRC20/ERC20) and come in increments of 100, 500 and 1000 USD and multiples, therefore. As rewards are earned, they may be left on account, redeemed, or they may be used to move to the Upper Plan size of membership, known as a “reinvestment/compounding” and available only from earned rewards. This will enable the Member to accumulate Rewards, acquire additional memberships at their discretion, or to redeem specified cryptocurrency as may be designated by the Vendor in its sole discretion.
Terms of Service: Subject to the terms of this Agreement, these terms and conditions will remain in full force and effect until the completion of the Services.
4. Eligibility
By registering to use an Ctblocks Account, Member represents and warrants that:
- as an individual, Member is at least 18 or is of legal age to form a binding contract under applicable laws;
- as an individual or legal person, Member has full legal capacity and sufficient authorizations to enter into these Terms;
- Member takes responsibility and has determined that the acquisition of this membership is lawful in the country or territory in which the Member resides, and holds Vendor harmless for its decision to acquire this membership;
- Member has not been previously suspended or removed by Vendor for cause;
- Member’s use of Vendor’s Services will not violate any and all laws and regulations applicable to Member;
- Member warrants that they have not and will not accept fiat currency for the purpose of providing cryptocurrency to someone else’s membership account;
- if at any time Vendor discovers that Member is in violation of AML/CTF or other applicable laws, access to membership Rewards account may be restricted or blocked indefinitely or terminated, and Member may be reported for both criminal and civil penalties.
5. Know Your Customer (KYC) Requirements
At the exclusive discretion of the Vendor, Member may be required to provide KYC information to the Vendor including but not limited to passport or national identity, photograph, date of birth, or other forms of identification. Member may also be required to provide information related to the source of the cryptocurrency used to acquire the membership. Member also understands that optional services may and often do include separate KYC information and additional details.
6. Independent Member
Each party is acting independently under this Agreement. There is no employer / employee relationship. The parties agree that this Agreement does not create a joint venture or a partnership between them.
7. Notice
All Vendor notices or updates or requests pertinent to the terms of this Agreement, including any required revisions, and/or enforcement action will be given in writing and delivered to the Member electronically via email address registered with Vendor or in the back office of the Vendor’s membership site, or both, at Vendor’s discretion. A general notice in the Vendor’s back office as provided to each member is considered as a personal notice to the Member.
8. Time is of the Essence
No extension or variation of this Agreement will operate as a waiver of this provision. Time is of the essence in this Agreement.
9. Integration
This Agreement contains the entire Agreement and understanding by and between the Member and the Vendor and no representations, warranties, promises, agreements or understandings, written or oral, not herein contained shall be of any force or effect.
10. Choice of Law
This Agreement and the performance under this Agreement and all suits and special proceedings under this Agreement, shall be held and construed in accordance with Belgium law.
11. Assignability and Severability
Vendor may revise its corporate structure from time to time, and at its own sole and exclusive discretion assign the performance and fulfilment of some or all of the Services under this Agreement to another company under this group, whether education, rewards, or otherwise. If Member is unhappy with such changes, Member may simply cease doing any rebuys and can request for account closure and to withdraw all rewards. Account closure takes 48 hours to be processed. The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability of any one or more of the provisions hereof shall not affect the validity and enforceability of the other provisions hereof.
5. Know Your Customer (KYC) Requirements
At the exclusive discretion of the Vendor, Member may be required to provide KYC information to the Vendor including but not limited to passport or national identity, photograph, date of birth, or other forms of identification. Member may also be required to provide information related to the source of the cryptocurrency used to acquire the membership. Member also understands that optional services may and often do include separate KYC information and additional details.
6. Independent Member
Each party is acting independently under this Agreement. There is no employer/employee relationship. The parties agree that this Agreement does not create a joint venture or a partnership between them.
7. Notice
All Vendor notices or updates or requests pertinent to the terms of this Agreement, including any required revisions, and/or enforcement action will be given in writing and delivered to the Member electronically via the email address registered with Vendor or in the back office of the Vendor’s membership site, or both, at Vendor’s discretion. A general notice in the Vendor’s back office as provided to each member is considered as a personal notice to the Member.
SOCIAL MEDIA GUIDELINES FOR COMMUNITY BUILDERS
These Social Media Guidelines are an integral part of this Service Agreement, and Member understands that any breach of these Social Media Guidelines is considered a breach of this Service Agreement and can result in disciplinary action or even termination.
We at Ctblocks are committed to ensuring our community builders are successful and providing the resources they need. When joining our community as a community builder,
It is absolutely imperative to ensure that everything you are saying on social media is accurate and properly represents Ctblocks.