Terms & Conditions

(Effective February 25th, 2023)

Table of Contents

  • Introduction to the Terms
  • Service Provision
  • Eligibility
  • How to contact us
  • Use of the Service
  • Your Agreement with Us
  • User Login
  • Your Fibonacci Wallet
  • The Fibonacci Network Token {FIBO}
  • Transactions
  • License to Our Service
  • Ownership
  • Third-Party components
  • Investigations
  • Google Play Store Terms
  • Risk Assumption
  • Disclaimer
  • Limitations
  • Revisions and errata
  • Canada PIPEDA Compliance
  • For European Union (EU) Users
  • Site Terms of Use Modifications
  • Governing Law
  • Electronic Communications
  • Copyright License
  • Complaints
  1. Introduction to the Terms

These Terms of Service are binding agreement (the “Terms” or “Agreement”) between Fibonacci Network, and https://fibonaccinetwork.tech, a company duly incorporated under the laws of India, with a registered address at India (hereinafter “Service Provider”, “us”, “we”, “our” or “Fibonacci Wallet”), as the operating of services, including any content or information provided as part of the Site or related services, as set out hereafter, and the person, persons or entity (“Company”, “User”, “Client”, “you” or “your”) using such kind of services (each a “Party” and collectively the “Parties”)

Our service aims to facilitate the creation of crypto wallets, purchase, and storage, of certain non-fungible tokens, and application provided on or in connection with those services (collectively, the “Service”). You hereby, agree that Fibonacci Network will not be responsible for any loss, or mitigation risk when using the Fibonacci Wallet. Certain features of the Service may be subject to additional guidelines, terms, or rules (“Supplemental Terms”), which will be displayed in connection with such features. All such Supplemental Terms are incorporated by reference into this Agreement.

  1. Service Provision

Fibonacci Network provide a custodial wallet application service, for digital assets such as cryptocurrencies, virtual commodities and (“Digital Assets”), meaning all private keys for the wallet will be stored on Fibonacci Network Servers. However, user of Fibonacci Wallet can request a transaction, but we do not monitor parties involved into a transaction. You expressly acknowledge and agree that, you are solely responsible for your activity and any risk of loss at all times.

  1. Eligibility

The Fibonacci Network service is open only to individuals who are 16 years and above and have the right and authority to enter into this Agreement, are fully able and competent to satisfy the terms, conditions, and obligations herein and who warrant that such party is the lawful user thereof.

  1. How to contact us

You can contact us by sending an email to support@fibonaccinetwork.tech.

  1. Use of the Service

For purposes of these Terms, “user”, “you”, and “your” means you as the user of the Service. If you use the Service on behalf of a company or other entity then “you” includes you and that entity, and you represent and warrant that (a) you are an authorized representative of the entity with the authority to bind the entity to these Terms, and (b) you agree to these Terms on the entity’s behalf.

BY CLICKING TO ACCEPT AND/OR USING OUR SERVICE, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL OF THE TERMS INCORPORATED HEREIN BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS, YOU MAY NOT ACCESS OR USE THE SERVICE.

  1. Your Agreement with Us

You agree that Fibonacci Network is not a financial institution, broker, or creditor. We aim to provide custodian wallet to users, within the public blockchains. We do not have custody or control over the blockchains you are interacting with and we do not execute or effectuate purchases, transfers, or sales of cryptocurrency. To use our Service, you must agree to these terms.

  1. User Login

To use this website and app, you may be asked to register an account and provide private information such as email address, full name, etc. Upon login Fibonacci Network may access required information like mobile device ID, GPS location etc. You agree to be responsible for ensuring the accuracy of your information, and maintaining the safety and security of your identifying information. You are also responsible for all activities that occur under your account or password. If you think there are any possible issues regarding the security of your account on the website, inform us immediately so we may address it accordingly.

We reserve all rights to terminate accounts, edit or remove content and cancel orders in our sole discretion.

  1. Your Fibonacci Wallet

Your Fibonacci Wallet is linked to your Account and may include multiple discrete digital wallets, each supporting a different blockchain, but collectively visible to you through the Service as a single digital wallet. Once you complete your Fibonacci Wallet creation and download, you will be given a certain amount of FIBO Token airdrop to be used within 2 years. The airdrop will be carried out in the Hot Wallet feature of your Fibonacci Wallet. Tranfer of crypto through the Hot Wallet depends on network availiblity, you understand that Fibonacci Network will not be liable for this network availability.

Fibonacci Network reserve the right to withdraw the airdrop at its own discretion, from the user, if not used, or minted within 2 years.

  1. The Fibonacci Network Token {FIBO}

Fibonacci Network provides various airdrop rewards for users and contributors to own and mint a Fibonacci Network token referred to as FIBO Token with the contract address, “0x009dff606c725e1033fad812b97fc157fe27e6fe”, which can be mined through the Fibonacci Wallet Mining Sumulator (collectively “mining”). To be eligible for the Fibonacci Network Token, Users agree to create a Fibonacci Wallet and download the Fibonacci Wallet Application, to instantly be credited with a certain amount of the FIBO token, to be determined by Fibonacci Network.

FIBO Tokens mined using Mining simulator will be only deposited in Hot Wallet and mining rate is completely dependent on mining algoritham. User can withdraw this mined token to other crypto wallets, given that user have enough balance of token and withdrawal fees.

All token or airdrop rewards and mining are based on chance. There can be no guarantee or assurance of the uniqueness, originality or quality of any Fibonacci Network Tokens or airdrops available on the application. Fibonacci Network makes no representations or warranties as to the quality, origin, or ownership of any content found on the service. Fibonacci Network shall not be liable for any errors, misrepresentations, or omissions in, of, and about, the content, nor for the availability of the content. Fibonacci Network Company shall not be liable for any losses, injuries, or damages from the purchase, inability to purchase, display, or use of content.

  1. Transactions

You can purchase the FIBO Token via any cryptocurrency exchange or Marketplace. You undertake that there shall be a gas fee deducted for every transaction to purchase or transfer of the FIBO token or any cryptocurrency via the associate public blockchain.

In order for all proposed Digital Asset transactions to be completed, they must be confirmed and recorded in the Digital Asset’s associated public blockchain. Such networks are decentralized, peer-to-peer networks supported by independent third parties, which we do not own, control, or operate. We have no control over the blockchain networks and, therefore, cannot and do not ensure that any transaction details that you submit via our Services will be confirmed and processed. By using Fibonacci Wallet, you acknowledge and agree that: (i) we do not have the ability to cancel or otherwise modify your transaction; (ii) the transaction details you submit may not be completed, or may be substantially delayed, by the applicable blockchain networks; (iii) we do not store, send, or receive Digital Assets; and (iv) any transfer that occurs in relation to any Digital Asset occurs on the relevant blockchain network and not on a network owned by us and therefore we do not guarantee the transfer of title or right in any Digital Asset.(v) We may charge extra withdrawal fee over regular gas fees when cryptocurrencies will be withdrawn from hot wallet ( off-chain wallet ), that amount will be shown to user before withdrawal.

  1. Limitations and restrictions

The User will not be allowed to open multiple account and use Fibonacci Network services if it is incorporated in one of the following non-serviced jurisdictions. Fibonacci Network may also enforce access restrictions based on the geo-location of the geolocation, which may encompass general information regarding its service; The User will not be allowed to open an account and use Fibonacci Network services if its business activities are in one or more restricted sectors of activity; The User will not be allowed to open an account and use Fibonacci Network services. Fibonacci Network grants the User a limited, non-exclusive, non-transferable license, subject to these Terms, to access and use the Fibonacci Network Site, and related content, materials, information (collectively, the ‘Content’) solely for approved purposes as permitted by Fibonacci Network from time to time. Any other use of the Fibonacci Network Site or Content is expressly prohibited and all other right, title, and interest in the Fibonacci Network Site or Content is exclusively the property of Fibonacci Network; and

  1. The User must use the Services in a lawful manner, and must obey all laws, rules and regulations applicable to the use of the Services and to transactions.
  2. The User may not use the Services to enable any person to benefit from any activities that violate the letter or spirit of any of these Terms, or the applicable laws and/or regulations.
  3. In the event these Terms or the Services are terminated for any reason, you acknowledge and agree that you will continue to be bound by these Terms. Following this, you shall immediately cease use of the Services and any license granted to you under any agreement related to your use of the Services shall immediately terminate.
  4. To avoid any double spending attack, User agree never to do simultaneous login from multiple devices for same account.
  5. Once an account is created by a User, the user agree to use the account only on same device it was created. However, this restriction can be changed in the future. Upon loss of the device user agree to contact us via support@fibonaccinetwork.tech, for further guidiance for a new verification of identity.

Fibonacci Network may from time-to-time change or discontinue any or all aspects or features of the Service, including by deactivating or deleting Accounts that Fibonacci Network in its sole discretion determines have been abandoned. In such events, you may no longer be able to access, interact with or, read the data from the Service.

  1. Ownership

You acknowledge and agree that Fibonacci Network (or, as applicable, our licensors ‘Fibonacci Network’) own all legal rights, titles and interests in and to all elements of the Fibonacci Network.  The graphics, design, systems, methods, information, computer code, software, services, “look and feel”, organization, a compilation of the content, code, data, and all other elements of the application and site (collectively, the “Fibonacci Network Materials”) are owned by Fibonacci Network, and are protected by copyright, trade dress, patent, and trademark laws, international conventions, other relevant intellectual property and proprietary rights, and applicable laws. All Fibonacci Network Materials are the copyrighted property of Fibonacci Network or its licensors, and all trademarks, service marks, and trade names contained in the Fibonacci Network Materials are proprietary Fibonacci Network or its licensors. Except as expressly set forth herein, your use of the site and app does not grant you ownership of or any other rights with respect to any content, code, data, or other materials that you may access on or through the application. We reserve all rights in and to the Fibonacci Network Materials not expressly granted to you in the Terms.

  1. Third-Party components

The Service and Content may include components, including software components, that are provided by a third party and that are subject to separate license terms, in which case those license terms will govern your access to and use of such components. For example, when you click to get more details about an NFT, you may see a link to the Third-Party Property from which such NFT originated. Our Service and/or any Third-Party Property may include terms governing the use of such NFT, including license terms. In the event you purchase such NFT through our marketplace, you are required to comply with the terms that govern such NFT, which may be different from this Agreement.

  1. Investigations

If Fibonacci Network becomes aware of any possible violations by you of this Agreement, Fibonacci Network reserves the right to investigate such violations. If, as a result of the investigation, Fibonacci Network believes that any illicit or otherwise criminal activity may have occurred, Fibonacci Network reserves the right to refer the matter to, and to cooperate with, any and all applicable legal authorities. Fibonacci Network is entitled, except to the extent prohibited by applicable law, to disclose any information or materials on or in the Service, including Content, in Fibonacci Network’s possession in connection with your use of the Service, to (i) comply with applicable laws, legal process or governmental request; (ii) enforce this Agreement, (iii) respond to any claims that Content violates the rights of third parties, (iv) respond to your requests for customer service, or (v) protect the rights, property or personal safety of Fibonacci Network, its users, or the public, and all law enforcement or other government officials, as Fibonacci Network in its sole discretion believes to be necessary or appropriate. By agreeing to this Agreement, you hereby provide your irrevocable consent to such monitoring. You acknowledge and agree that you have no expectation of privacy concerning your use of the Service, including without limitation text, voice, or video communications.

  1. Google Play Store Terms

By downloading the Application from Google Play (or its successors) operated by Google, Inc. or one of its affiliates (“Google”), you specifically acknowledge and agree that:

  1. To the extent of any conflict between (a) the Google Play Terms of Services or such other terms which Google designates as default end user license terms for Google Play (all of which together are referred to as the “Google Play Terms”), and (b) the other terms and conditions in these Terms, the Google Play Terms shall apply concerning your use of the Application that you download from Google Play, and
  2. You hereby acknowledge that Google does not have any responsibility or liability related to compliance or non-compliance by us or you (or any other user) under these Terms or the Google Play Terms.
  1. Risk Assumption

You accept and acknowledge: The value of an Token is subjective. Prices of Token are subject to volatility and fluctuations in the price of cryptocurrency can also materially and adversely affect NFT prices. You acknowledge that you fully understand this subjectivity and volatility and that you may lose money. You also agree that:

  1. A lack of use or public interest in the creation and development of distributed ecosystems could negatively impact the development of those ecosystems and related applications, and could therefore also negatively impact the potential utility of Token.
  2. The regulatory regime governing blockchain technologies, non-fungible tokens, cryptocurrency, and other crypto-based items is uncertain, and new regulations or policies may materially adversely affect the development of the Service and the utility of Token.
  3. You are solely responsible for determining what, if any, taxes apply to your transactions. Fibonacci Wallet is not responsible for determining the taxes that apply to your Token.
  4. There are risks associated with purchasing items associated with content created by third parties through peer-to-peer transactions, including but not limited to, the risk of purchasing counterfeit items, mislabeled items, items that are vulnerable to metadata decay, items on smart contracts with bugs, and items that may become untransferable. You represent and warrant that you have done sufficient research before making any decisions to sell, obtain, transfer, or otherwise interact with any Token or accounts/collections.
  5. We do not control the public blockchains that you are interacting with and we do not control certain smart contracts and protocols that may be integral to your ability to complete transactions on these public blockchains. Additionally, blockchain transactions are irreversible and Fibonacci Wallet has no ability to reverse any transactions on the blockchain.
  6. There are risks associated with using Internet and blockchain based products, including, but not limited to, the risk associated with hardware, software, and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to your third-party wallet or Account. You accept and acknowledge that Fibonacci Wallet will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using the Service or any Blockchain network, however caused.
  7. The Service relies on third-party platforms and/or vendors. If we are unable to maintain a good relationship with such platform providers and/or vendors; if the terms and conditions or pricing of such platform providers and/or vendors change; if we violate or cannot comply with the terms and conditions of such platforms and/or vendors; or if any of such platforms and/or vendors loses market share or falls out of favor or is unavailable for a prolonged period of time, access to and use of the Service will suffer.
  1. Disclaimer

The materials on https://fibonaccinetwork.tech (Owned by Fibonacci Network) website are provided “as is”. https://fibonaccinetwork.tech (Owned by Fibonacci Network) makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, https://fibonaccinetwork.tech (Owned by Fibonacci Network) does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Internet web site or otherwise relating to such materials or on any sites linked to this site.

  1. Limitations

In no event shall https://fibonaccinetwork.tech (Owned by Fibonacci Network) or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the materials on https://fibonaccinetwork.tech (Owned by Fibonacci Network)’s Internet site, even if https://fibonaccinetwork.tech (Owned by Fibonacci Network) or a Https://fibonaccinetwork.tech (Owned by Fibonacci Network) authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.

  1. Revisions and Errata

The materials appearing on https://fibonaccinetwork.tech (Owned by Fibonacci Network)’s web site could include technical, typographical, or photographic errors. https://fibonaccinetwork.tech (Owned by Fibonacci Network) does not warrant that any of the materials on its website are accurate, complete, or current. https://fibonaccinetwork.tech (Owned by Fibonacci Network) may make changes to the materials contained on its web site at any time without notice. https://fibonaccinetwork.tech (Owned by Fibonacci Network) does not, however, make any commitment to update the materials.

  1. Canada PIPEDA Compliance

By using the https://fibonaccinetwork.tech website and app (Owned by Fibonacci Network) or a resident of Canada, you agree to we will collect and process some data in accordance with our service provision. As a result, the users authorize https://fibonaccinetwork.tech (Owned by Fibonacci Network)  and its subcontractors to collect and process this data under the legal, regulatory, of the Canadian PIPEDA provisions, (hereinafter “PIPEDA”). To this end, we have put in place a Data Protection Officer (DPO) who shall constantly ensures compliance with all personal data processing in progress within https://fibonaccinetwork.tech (Owned by Fibonacci Network) operations.

  1. For European Union (EU) Users

If you are a European Union consumer, you will benefit from any mandatory provisions of the law of the country in which you are resident in.

  1. Site Terms of Use Modifications

https://fibonaccinetwork.tech (Owned by Fibonacci Network) may revise these terms of use for its web site at any time without notice. By using this web site you are agreeing to be bound by the then current version of these Terms of Service of Use.

  1. Governing Law

Any claim relating to https://fibonaccinetwork.tech (Owned by Fibonacci Network)’s website shall be governed by the laws of India without regard to its conflict of law provisions.

  1. Electronic Communications

For the performance of the services, you (a) consent to receive communications from us in an electronic form via the email address; and (b) agree that all terms and condition, agreements, notices, disclosures, and other communications that we provide to you electronically satisfy any legal requirement that such communications would satisfy if it were in writing. You retain the right to opt-out of receiving Electronic Communication from us; however, opting out may prevent you from receiving messages regarding our services or special offers, by sending us a Opt-out message via our support email support@fibonaccinetwork.tech.

  1. Copyright License

Copyright(c) 2023 (s) Fibonacci Network website. Subject to the express provisions of these Terms of Service:

  • Fibonacci Wallet, together with our Licensors, own and control all the copyright and other intellectual property rights in the website and the material on our site are well reserved.
  1. Complaints

If you have any questions or complaints regarding your use of the services or these Terms of Service, please send a customer support or enquiry to support@fibonaccinetwork.tech or by post

Fibonacci Network
India,