Terms & Conditions

Last modified: February 21, 2024

FireBot - Sweeep

These terms and conditions outline the rules and regulations for the use of FireBot's website, located at https://firebot.gg/.

These terms and conditions also encompass Sweeep (https://sweeep.gg/), a sub-protocol that operate atop FireBot.

By accessing these websites, we assume you accept these terms and conditions. Do not continue to use them if you do not agree to take all the terms and conditions stated on this page.

The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and all Agreements: "User", "Client", "You", and "Your" refers to you, the person log on this website and compliant to the Company’s terms and conditions. "The platform", "The Company", "Ourselves", "We", "Our" and "Us", refers to our Company. "Party", "Parties", or "Us", refers to both the Client and our stated services. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to same.

Fair use of our Website and Software

1. By using our website and software, you declare to be at least 18 years old.

2. You may not use the website and software in such a way that you violate the UAE law or any other applicable laws and regulations.

3. As a condition for using the website and software, you agree not to provide any information, data, or content to us or the website and software that is incorrect, inaccurate, incomplete, or that violates any law or regulation. In addition, you agree that you will not, nor allow third parties to:

  • a. Enter any non-public/secure areas of the website or software.
  • b. Send viruses, worms, junk mail, spam, chain letters, unsolicited offers, or ads of any kind and for any purpose.
  • c. Investigate, scan, or test the website or software or any other related system or network, or violate any security or authentication.
  • d. Create derivative works of any kind whatsoever (See “License”).

4. You may not create an account under someone else’s name or act like someone else in any other way.

5. In case the account concerns a corporate account, only an authorized person can trade with the corporate account. It is the responsibility of the user of the corporate account that only authorized persons have access to the account.

6. If you receive personal data or other sensitive information from other users, you will keep this information secret.

7. FireBot/Sweeep is entitled to (temporarily or permanently) block your account and deny you access to the Website if we suspect abuse of the account or the Website. We can also block your account or deny you access to the platform if you do not comply with these Terms, including conditions and policies referenced herein.

Access Restrictions for Certain Jurisdictions

1. Access to the ecosystem and services (hereinafter referred to as 'the Ecosystem') may be subject to restrictions in certain jurisdictions where the use of blockchain, DeFi and/or crypto-assets products is forbidden. It is your responsibility to determine whether you are eligible to access the Ecosystem based on your local laws and regulations.

2. By using or attempting to access the Ecosystem, you confirm and agree that you are in compliance with the laws and regulations of your jurisdiction. If you are unsure about your eligibility, we strongly recommend seeking legal advice to ensure compliance.

3. Any attempt to access the Ecosystem in violation of your local laws and regulations may result in legal consequences, as permitted by applicable laws.

4. We want to clarify that our platform provides a front-end interface to interact with the smart contracts that underlie the Ecosystem. These smart contracts operate on the Polygon blockchain in a permissionless and decentralized manner. They function independently of our control or influence.

5. Be aware that all transactions involving the Ecosystem's smart contracts are public and traceable on the Polygon blockchain. This transparency is inherent to blockchain technology, and it ensures that all transactions can be monitored for compliance with AML regulations, as Polygon, being a public blockchain, makes transaction details publicly accessible and immutable by design.

6. We reserve the right to take any measures necessary to prevent access to the Ecosystem from jurisdictions where blockchain and DeFi usage is forbidden, including but not limited to IP blocking or other technical restrictions.

7. If you believe that you have accessed the Ecosystem in error or without a clear understanding of your legal obligations, please contact us immediately to resolve the matter.

8. This clause is in compliance with our commitment to adhere to relevant legal requirements and regulations. We reserve the right to modify or update this clause as necessary to remain compliant with changing legal standards.

9. If you do not agree with the terms of access restrictions in your jurisdiction, please refrain from using or attempting to access the Ecosystem.

About FBX - The FireBot DAO Governance Token

FBX is the governance token of the FireBot DAO, which exists independently of our entity. Our entity is dedicated to open source contributions to the blockchain ecosystem and the maintenance of this website. FireBot DAO, governed by FBX holders, plays a key role in decision-making processes related to the FireBot ecosystem.

FBX does not represent a token or security that can be redeemed for shares or parts of the DAO's treasury. FBX solely exists on the blockchain and has no intrinsic value beyond its role within the FireBot DAO governance framework.

FBX can be freely traded on decentralized exchanges (DEXs) and is designed to facilitate community participation and decision-making within the FireBot ecosystem. It is not an investment vehicle, and holders of FBX should participate in the governance process with the understanding that it represents a means to influence the development and direction of FireBot DAO's activities.

Early Access

The Algorithm is available in early access, it is ready for production, but frequent updates are expected. These updates might include and are not limited to a change of name and website, platform design, fee and referral system, algorithmic strategy, or software optimization. This could lead to incorrect data being displayed and/or delays and differences in the software execution. All these updates are made in the best long-term interest of FireBot and its users, and FireBot cannot be held responsible for any damage (including loss of capital) caused directly or indirectly by their implementation.

Agreement to Terms and Conditions

By accessing this platform and any materials presented herein, the user accepts in their entirety and without modification the following terms and conditions pertaining to the use of the platform. FireBot reserves the right to change the terms, conditions, and notices under which this platform is offered without notice at any time.

The user acknowledges and agrees that FireBot may restrict, suspend, or terminate the user’s access to, and use of, all or any part of the platform, at any time, with or without cause, including but not limited to any breach of the Terms and Conditions as determined in FireBot’s absolute discretion, and without prior notice or liability.

Each use of the platform constitutes the user’s agreement to be bound by the then-current terms and conditions set forth in these Terms and Conditions. If the user does not agree with the Terms and Conditions, he is not granted permission to access or otherwise use this platform.

Risks

Investing in cryptocurrencies, whether through centralized exchanges, self-custody, or decentralized finance (DeFi) protocols, exposes users to a variety of risks. Each method comes with its unique challenges and potential vulnerabilities. Here is a non-exhaustive list of list of risks associated with each approach:

Centralized Exchanges
  • Security Risks: Vulnerability to hacking and cyber-attacks that can lead to the loss of funds stored on the exchange.
  • Regulatory Risks: Changes in regulations or the legal status of cryptocurrencies can impact the operation of exchanges, potentially leading to the freezing of assets or the exchange being shut down.
  • Operational Risks: Mismanagement, technical failures, or fraudulent activities by the exchange operators can result in the loss of funds.
  • Liquidity Risks: The risk that an asset cannot be bought or sold quickly enough to prevent a loss or make the desired profit.
  • Counterparty Risks: The risk that the party at the other end of a transaction might not fulfill their obligations.
Self Custody
  • Technical Risks: Losing access to your cryptocurrencies due to lost private keys, hardware failure, or software corruption.
  • Security Risks: Exposure to theft through hacking, phishing scams, or malware, especially if security measures are inadequate.
  • Operational Risks: Mistakes made in transactions (e.g., sending funds to the wrong address) are irreversible and can result in total loss.
  • Backup Risks: Failure to securely backup private keys or seed phrases can result in irretrievable loss of assets.
Using DeFi Protocols
  • Smart Contract Risks: Vulnerabilities or bugs in smart contract code can be exploited, leading to the loss of funds locked in DeFi protocols.
  • Liquidity Risks: Some DeFi platforms may suffer from low liquidity, leading to slippage or difficulty in executing large orders without impacting the market price.
  • Regulatory Risks: The evolving regulatory landscape around DeFi could impact the accessibility and functionality of DeFi services.
  • Interoperability Risks: The complexity and interaction between multiple protocols can introduce systemic risks if one protocol fails or is exploited.
  • Impermanent Loss: For liquidity providers in DeFi pools, the risk that the value of deposited assets diverges in such a way that the provider would have been better off holding the assets separately.
Market Risk in Cryptocurrencies
  • Volatility: Cryptocurrencies are well-known for their extreme price volatility. The value of digital assets can fluctuate wildly in a short period, leading to significant gains or losses.
  • Regulatory Changes: Global or local regulatory announcements or changes can have a broad impact on the cryptocurrency market. Positive news might lead to rapid price increases, while regulatory crackdowns or bans can cause market-wide crashes.
  • Market Sentiment: Cryptocurrency markets are highly susceptible to sentiment and public perception. News, social media trends, and influencer opinions can dramatically influence market movements.
  • Economic Factors: Macroeconomic factors such as inflation rates, interest rates, and economic downturns or booms can influence the cryptocurrency market.
  • Technological Advances and Challenges: Developments in blockchain technology or the introduction of new financial products and services can impact the entire market. Conversely, significant technological failures or challenges could undermine confidence in cryptocurrencies.
  • Competition: The launch of new cryptocurrencies or blockchain projects can impact the market share and value of existing coins.
  • Liquidity Risk: While this is also a specific risk, it ties into market risk as the overall market liquidity can affect an investor's ability to buy or sell large amounts of cryptocurrency without significantly impacting the market price.

Indemnification

Users will indemnify, defend, and hold FireBot harmless from and against all liabilities, damages, and costs (including settlement costs and reasonable attorneys’ fees) arising out of third-party claims regarding:

  • 1. Any injury or damages resulting from behavior of user related to the use of our website and software; and
  • 2. Breach by User of these Terms or violation of any applicable law, regulation, or order.

Cookies

We employ the use of cookies. By accessing FireBot, you agreed to use cookies in agreement with the FireBot's Privacy Policy.

Most interactive websites use cookies to let us retrieve the user’s details for each visit. Cookies are used by our website to enable the functionality of certain areas to make it easier for people visiting our website.

Privacy

FireBot respects your privacy and anticipates the EU General Data Protection Regulation (GDPR). When you make use of our Website and Software, we will collect certain personal data from you. In our Privacy Policy you can read which personal data we collect and for what purposes. You can find our privacy policy here: https://firebot.gg/privacy.

License

Unless otherwise stated, FireBot and/or its licensors own the intellectual property rights for all material on FireBot. All intellectual property rights are reserved. You may access this from FireBot for your own personal use subjected to restrictions set in these terms and conditions.

You must not:

  • Republish material from FireBot.
  • Sell, rent or sub-license material from FireBot.
  • Reproduce, duplicate, or copy material from FireBot.
  • Redistribute content from FireBot.

Reservation of Rights

We reserve the right to request that you remove all links or any link to our website. You approve to immediately remove all links to our website upon request. We also reserve the right to amend these terms and conditions and its linking policy at any time. By continuously linking to our website, you agree to be bound to and follow these linking terms and conditions.

Removal of links from our website

If you find any link on our website that is offensive for any reason, you are free to contact and inform us any moment. We will consider requests to remove links, but we are not obligated to or so or to respond to you directly.

We do not ensure that the information on this website is correct, we do not warrant its completeness or accuracy, the data displayed is for information only and does not; nor do we promise to ensure that the website remains available or that the material on the website is kept up to date.

Applicable law and jurisdiction

These Terms shall exclusively be governed by and construed in accordance with the laws of DIFC.

Unless mandatory law compels differently, all disputes resulting from or arising in connection with these Terms shall be exclusively submitted to the competent court of DIFC, in the United Arab Emirates unless the dispute can be settled in an amicable fashion.