Terms of Service
OmniPact Terms of Service
Last updated: February 28, 2025. These Terms of Service (hereinafter referred to as the "Agreement") explain the terms and conditions for your access to and use of https://omnipact.io and any of its subdomains. You must read this Agreement carefully as it governs your use of the website. Accessing or using this website means that you have read, understood, and agreed to be fully bound by this Agreement. If you do not agree, you are not entitled to access or use this website and should not use it. Note: This Agreement contains important information, including a binding arbitration clause and a class action waiver clause, both of which affect your rights in dispute resolution. You may access this website only if you fully agree to these terms, and you should only access this website under such circumstances.
Welcome to OmniPact (hereinafter referred to as "this Platform", "we", or "OmniPact"). These Terms of Service (hereinafter referred to as "this Agreement") constitute a legally binding contract between you ("User" or "you") and the entity that develops and operates OmniPact, governing your access to and use of https://omnipact.io, its subdomains, related APIs, and mobile applications (collectively referred to as "this Website" or "this Interface").
Important Notice: This Agreement contains mandatory arbitration clauses and class action waiver clauses, which will affect your rights to resolve disputes with us. By accessing or using this website, you confirm that you have read, understood, and agree to be bound by all terms of this Agreement. If you do not agree to any part of this Agreement, please immediately cease using this website.
Description of the Nature of Services and Agreements
Distributed Guarantee Agreement (Trust Infrastructure)
This website provides services for accessing OmniTrust through a graphical user interface (UI). OmniTrust is a decentralized smart contract system deployed on multiple public blockchains (including but not limited to Ethereum, BNB Chain, Solana, Aptos, etc.). Its core functions include:
Smart Escrow: Allows buyers and sellers to lock assets in a smart contract without trusting a third-party intermediary until the transaction conditions are met.
Decentralized Arbitration (Arbitration Network): When a dispute arises in a transaction, evidence is adjudicated through a decentralized network of arbitrators.
Reputation Identity: A reputation scoring system generated based on on-chain transaction behaviors.
Unmanaged nature
Both this website and the OmniPact protocol are of a non-custodial nature.
Control of funds: We do not hold, keep in custody, or control any of your digital assets. Assets are only locked and released by smart contracts in accordance with preset code logic (such as mutual confirmation, arbitration award results).
Private Key Responsibility: You have complete and sole control over the private key and mnemonic phrase of your blockchain wallet. We shall not be liable for any loss of assets resulting from the loss, theft, or leakage of your private key.
The difference between interface and protocol
This website is just one of many interfaces for accessing the OmniPact smart contract protocol. We do not control public blockchain networks, nor do we guarantee the confirmation time of transactions on the blockchain.
Initial Token Offering
You declare that when participating in our initial token offering, you are not from any of the following countries or regions:
Belarus, Cuba, the Crimean region, the Democratic Republic of the Congo, Iran, Iraq, New Zealand, the Democratic People's Republic of Korea, South Sudan, Sudan, Syria, the United States and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), Zimbabwe.
Not registered with the U.S. Securities and Exchange Commission or any other institution
We are not registered with the U.S. Securities and Exchange Commission as a national securities exchange or in any other capacity. You understand and acknowledge that we do not act as a trading broker on your behalf. We also do not assist in executing or settling your transactions, which are conducted entirely on public distributed blockchains such as Ethereum.
Non-solicitation statement; no investment advice provided
You agree and understand that: (a) all transactions you submit through this website are deemed non-solicited transactions, which means these transactions are initiated entirely by you; (b) you have not received any investment advice from us regarding any transaction (including transactions you conduct through our intelligent routing API); and (c) we will not conduct suitability reviews on any transactions you submit.
We may provide token information from third-party data partners on this website through features such as rarity scores, token browsers, or token lists. The provision of information materials does not constitute a solicitation for you to trade these tokens; we will not attempt to induce you to make any purchases based on the information provided. All such information available on this website is for reference only and should not be construed as investment advice or a recommendation that specific tokens are safe or sound investments. You should not take or refrain from taking any action based on any information contained on this website. We provide token information solely for your convenience, do not constitute any investment advice, and do not express opinions on the merits of any transaction or opportunity. You are solely responsible for determining whether any investment, investment strategy, or related transaction is suitable for you based on your own investment objectives, financial situation, and risk tolerance.
Qualifications and Compliance
Qualification Requirements
By accessing or using this service, you represent and warrant that:
You are at least 18 years old or have reached the legal age of adulthood in your jurisdiction.
You have full capacity for civil conduct to sign this agreement on your own behalf or on behalf of the entity you represent.
Restricted regions and sanctions
You declare that you are not located in any of the following regions and are not the subject of any of the following sanctions lists:
Restricted countries/regions: including but not limited to Cuba, Iran, North Korea, Syria, the Crimean region, the Donetsk and Luhansk regions, or other jurisdictions subject to comprehensive economic sanctions imposed by the United States, the European Union, and the United Nations.
Sanctions List: The List of Specially Designated Nationals (SDN) of the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, or other similar lists of prohibited transacting parties.
Rules for Secured Transactions and Fund Release
Trading process
You acknowledge and agree that guaranteed transactions conducted through OmniPact shall follow the following procedures:
Fund Lock: The buyer (both parties) deposits the funds into the smart contract escrow.
Performance: The seller (both parties) delivers goods or services.
Release/Dispute: The buyer (both parties) confirms the release of funds, or initiates arbitration within the dispute period.
The irreversibility of fund release
You clearly understand and agree that once a smart contract executes a fund release operation in accordance with the protocol logic (for example: the buyer (both parties) clicks to confirm, automatic confirmation upon timeout, or an arbitrator makes a ruling), this operation is irreversible on the blockchain. OmniPact cannot recover assets for you after the funds are released.
Dispute Resolution and Arbitration Mechanism
Decentralized arbitration: When both parties to a transaction cannot resolve the dispute on their own, either party can apply to access the OmniPact arbitration network.
Binding force of the award: You agree to accept the award made by the arbitrator (or arbitral tribunal) based on the evidence you submit. The smart contract will automatically transfer funds in accordance with the arbitration result.
Disclaimer: Arbitrators are independent third parties (community members or professional institutions) and are not employees or agents of OmniPact. We shall not be liable for the fairness, accuracy of the arbitrators' rulings or any losses resulting therefrom.
Prohibited activities
When using this website and the agreement, you must not engage in the following behaviors:
Fraudulent transactions: fictitious transactions, money laundering, and illegal fund transfers using guarantee contracts.
Submitting false evidence: During the dispute arbitration process, submitting forged chat records, logistics information, or other misleading evidence.
Collusion/conspiracy: Buyers and sellers collude, or users collude with arbitrators, with the intention of defrauding the agreement funds or manipulating credit scores.
Malicious attacks: Attacking website infrastructure, exploiting smart contract vulnerabilities, launching DDoS attacks, or implanting viruses.
Illegal goods/services: Using OmniPact to guarantee transactions of illegal contraband (such as drugs, weapons, stolen items, child pornography, etc.).
Infringement of intellectual property rights: Publishing content that infringes the copyright or trademark rights of others.
Fees and Payments
Agreement service fee
Using the OmniPact protocol may incur service fees (Protocol Fees), which are usually automatically deducted from the escrow funds when the transaction is settled. The fee schedule will be clearly displayed on the transaction creation page.
arbitration fee
If a dispute arbitration is initiated, the losing party may be required to bear the arbitration fees (remuneration paid to the arbitrators). For specific rules, please refer to the OmniPact Arbitration Rules.
Gas
Blockchain transactions require consuming network Gas fees. Whether the transaction is successful or not, the Gas fees shall be borne by you and are non-refundable.
Intellectual property
Platform rights
OmniPact owns all intellectual property rights to this website and its content (UI design, Logo, text, code, trademarks). The smart contract code of the OmniPact protocol may be open-sourced under specific open-source licenses (such as MIT or GPL), and the specific details shall be subject to the declaration in the code repository.
User Content License
The content (texts, images, files) you upload when participating in arbitration or describing transactions grants us a global, non-exclusive license to use, reproduce, and display such content to the extent necessary for providing services (for example, presenting evidence to arbitrators).
Please read this section carefully as it concerns your significant rights and interests.
Provided "as is"
This website and the agreement are provided on an "as is" and "as available" basis, without any express or implied warranties. We do not guarantee that the service will not be interrupted, be error-free, or be absolutely secure.
Smart contract risks
You understand that blockchain technology and smart contracts have inherent risks, including but not limited to: code vulnerabilities, hacking attacks, blockchain network congestion or forks. For financial losses caused by defects in the OmniPact smart contract code, the OmniPact development team shall be liable to the maximum extent permitted by law.
Counterparty risk
OmniPact only provides guarantee tools (trusted transaction tools) and does not verify the real identity or performance capability of the counterparty. You shall bear the losses caused by the counterparty's breach of contract, fraud, or delivery of goods/services that do not conform to the agreement.
Does not provide legal or investment advice
Any information, token price, or credit score displayed on this platform is for reference only and does not constitute investment advice or legal advice. You should consult professionals on your own.
You expressly agree to assume all risks associated with your access to and use of this website. You further expressly waive and release us from any and all liabilities, claims, actions, or damages arising out of or in any way related to your use of this website. If you are a resident of California, you waive the rights and protections provided by Section 1542 of the California Civil Code, which states: "A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party."
Disclaimer
This website is provided on an "as is" and "as is" basis. To the fullest extent permitted by law, we make no representations and warranties of any kind, express, implied or statutory, including but not limited to warranties of marketability and fitness for a particular purpose. You acknowledge and agree that your use of this website is at your own risk. We do not warrant your access to this website on an ongoing, uninterrupted, timely or secure basis; do not warrant the accuracy, reliability, completeness or timeliness of the information contained in this website; nor do we warrant that this website is free from errors, defects, viruses or other harmful elements. No advice, information or statement provided by us shall be taken as any warranty of this website. We do not endorse, warrant, or accept responsibility for any third-party advertisements, offers, or statements posted on this website.
Likewise, this Agreement is provided "as is" and you use it at your own risk and without warranty of any kind. Although we contributed to the initial code of this Agreement, we do not provide, own or control this Agreement. This Agreement is run autonomously by smart contracts deployed on various blockchains without any human intervention. Upgrades and modifications to the Agreement are generally managed by PACT Token Holders in a community-driven manner. No developer or entity involved in the creation of this Agreement shall be liable for any claims or damages arising out of your use, inability to use, or your interaction with other users, including any direct, indirect, incidental, special, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens or any other item of value. We do not endorse, warrant, or accept responsibility for any third-party advertisements, offers, or statements posted on this website.
Limitation of Liability
Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including (but not limited to) loss of profits, loss of goodwill, loss of use, loss of data, or loss of other intangible assets arising out of or in connection with access to or use of this interface. We shall also not be liable for any damages, losses, or injuries resulting from hacking, tampering, or other unauthorized access to or use of this interface. We shall not be liable for this interface or the information contained therein, including but not limited to: (A) errors, omissions, or inaccuracies in the content; (B) any personal injury or property damage of any nature resulting from access to or use of this interface; (C) unauthorized access to or use of any secure server or database under our control, or the use of any information or data stored therein; (D) interruption or cessation of functionality related to this interface; (E) vulnerabilities, viruses, Trojans, or other similar programs that may be transmitted through this interface; (F) errors or omissions resulting from the use of any content provided through the interface, or losses or damages caused thereby; and (G) any defamatory, offensive, or illegal acts of any third party.
Dispute Resolution
We will make every effort to resolve any potential disputes through informal and good-faith negotiations. In the event of a potential dispute, you must contact us by sending an email to [email protected] so that we can attempt to resolve the issue without resorting to formal dispute resolution procedures. If we fail to reach an informal resolution within sixty days of receiving your email, both you and we agree to resolve the potential dispute in accordance with the following process.
Any claims or disputes arising out of or in connection with this website, this agreement, or any other acts or omissions for which you believe we should be liable, including (but not limited to) any claims or disputes regarding arbitrability ("Disputes"), shall be finally and exclusively resolved by arbitration in accordance with the arbitration rules of the Hong Kong International Arbitration Centre. You understand that you must resolve all disputes through binding arbitration. The arbitration shall be conducted in confidence, with a single arbitrator appointed in accordance with the arbitration rules of the Centre. Unless both you and we agree to conduct the arbitration elsewhere, the arbitration shall take place in Hong Kong. Unless otherwise agreed by us, the arbitrator shall not consolidate your claims with those of any other party. Any award made by the arbitrator may be enforced in any court of competent jurisdiction.
Class action and jury trial immunity
You must bring any and all disputes against us in your individual capacity and not as a plaintiff or member of any so-called class action, consolidated action, private attorney general action, or other representative action. This provision applies to class arbitration. Both you and we agree to waive the right to a jury trial.
Applicable Law
You agree that this Agreement and any disputes between you and us shall be governed by the laws of Hong Kong, without regard to the principles of conflict of laws. You further agree that this website shall be deemed to be located entirely in Hong Kong, and although this website may be accessible in other jurisdictions, such accessibility does not constitute general or specific personal jurisdiction for any court outside Hong Kong. Any arbitration conducted under this Agreement shall be subject to the arbitration rules of the Arbitration Center. You agree that if the binding arbitration clause of this Agreement is found to be unenforceable, the courts of Hong Kong shall be the appropriate jurisdiction for any appeal of an arbitration award or any litigation.
Complete Agreement: This agreement constitutes the complete agreement between the two parties regarding this subject matter and supersedes any prior oral or written agreements.
Severability: If any clause of this Agreement is deemed invalid or unenforceable, it shall not affect the validity of the other clauses.
Right to Modify: We reserve the right to modify this Agreement at any time. The modified Agreement shall take effect immediately upon being published on the website. Your continued use of this service shall be deemed as your acceptance of the modifications.
OmniPact Protocol Team Contact: [email protected]
Last updated